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0 sats \ 0 replies \ @Solomonsatoshi 4h \ parent \ on: Coinos Wallet Disappeared, Any Substitute? nostr
Wallet of Satoshi is available in the US but balances & transactions are public
#1251215
Why not use Coinos?
Can it be used on any browser on any OS?
What are 'megalithics node routing fees'?
I find with Coinos the fees are zero a lot of the time for small transactions and very low for larger ones...for example earlier today I sent 1666 sats and network fees were zero.
'Amount
1,666
$3.52
Network fee 0
$0.00'
Note- wallet set in New Zealand dollars.
Are small transactions like this free on rizful?
I like how coinos works on any browser so easy to use on linux or any device/OS with a browser.
My coinos wallet connection to SNs is still working fine as is the wallet itself.
You have stuffed up somewhere in the Nostr part I would guess.
Changing wallet will not fix- sorting your Nostr might.
No other wallet has such low fees and good support as Coinos.
China has the advantage of a focused government that knows it must deliver economic improvement or be removed by force- probably brutal.
China provides the essential inputs for free enterprise to thrive at the deliberately minimised cost- skilled labour, energy, transport, logistics and communications.
For a long time local or regional government have been building energy supply and the factories would then naturally follow in pure free market fashion.
A mixed economy of government led strategy combined with free enterprise incentives...and crucially a minimisation of rentseeking cartels and monopolies.
In China engineering is highly prized (the politburo are mostly trained engineers) and people cheer on each new piece of productive infrastructure...because they understand it is making China great again.
Looking at getting something manufactured?
Go to China...they do it faster, cheaper and often of comparable quality.
If the west loses this AI race then China has won and the US empire is fucked.
China have already won the mercantile trade war on nearly all levels.
You dont want to help fund the defense of your nation?
You despise all government right?
Ok, peacenik-Libertarian, cool- then you should buy Bitcoin.
Just don't wail like washerwoman when China or Russia invade, rape, murder, pillage and subjugate your nation.
You cannot confidently invest in assets, plant, labour and infrastructure if the investments are threatened by foreign adversaries who may seize them.
Business is reliant upon a strong government capable of securing citizens and investors lives, assets and wealth from attack by war criminals like Putin.
Government is a major factor in the wealth of nations and their citizens.
0 sats \ 0 replies \ @Solomonsatoshi 10h \ parent \ on: I couldn’t buy it, so I just made it bitcoin
Yes I did not find much in the way of retailers accepting sats in BKK last year but in Chiang Mai there was few good bars and restaurants.
Apparently also some tourist spots down south the government have allowed 'sandbox' trials where some tourist facing retailers can accept sats but the retailer must use an application that immediately converts the sats to baht and so does not receive the sats - preventing a circular economy developing and threatening the baht.
Have heard today a bit of a run on some Thai banks as people buy gold and ditch baht.
Yes would be good to learn more about the Bangkok BTC scene- if the government does eventually liberalise it could be a world centre of Bitcoin imo.
Fair enough- its a question of scale for sure - if you can get the retail price down scale might increase but its got to be getting a return for your time and investment.
$55 is not too bad but $21 (+P&P) would be a nice symbolic figure to try for and would provide strong resistance against copycat vendors.
Beware of Chinese suppliers who will watch what you are doing and then under cut you with knock offs if they see any opportunity...this is a large part of the strategy by which they have come to dominate global supply chains...
'Country Driving' written by Peter Hessler is a book I strongly recommend for anyone interested in or involved in the Chinese economy especially if actively trading.
21 sats \ 2 replies \ @Solomonsatoshi 11h \ parent \ on: I couldn’t buy it, so I just made it bitcoin
Good on you.
Where there is a will there are ways around these things.
Despite the official ban on BTC MoE I still found some brave restaurants in ChiangMai who accept LN/BTC regardless.
They were all far better than average in their food and service.
Some of the regions in Thailand still exercise some degree of autonomy from the BKK central governments dictates- tourism is so important to ChiangMai not accepting Bitcoin is a huge loss of potential business opportunities.
When traveling these days I will give BTC accepting food and hospo business preference as they are usually well above average.
Thailand was once leading the world in BTC adoption but the government crackdown since the latest military hijacking of democracy limited what was a huge opportunity to grow a Bitcoin based enterprise sector.
I hear the government attitude is now moving back toward accepting more Bitcoin use but it still has some way to go before the full potential can be realised.
Trump is taxing US businesses and consumers because the USA cannot compete with China.
It's a short term fix but does not address the underlying causal problems of the decline of the US Empire...although it might start the process of citizens realising radical change needs to be made if China is not to become the dominant global power in coming decades.
'At the core of the uncertainties that have drawn investors and central banks to the traditional safe haven (gold) lies America.
Donald Trump’s presidency has so far been turbulent, to say the least, characterised by erratic decision-making, bizarre appointments to his cabinet and major government agencies, massive shifts in the US’s role in global affairs and in its relationships with traditional allies, actions that challenge its constitution and laws, political dysfunction, fiscal expansion and, of course, the weaponisation of tariffs and the US dollar.
His trade wars have upended global trade and affected economies across the globe. At the same time, they caused a rise in both US unemployment and inflation, raising the prospect of stagflation, or the coincidence of shrinking economic growth and swelling inflation.
Trump’s assault on the Federal Reserve Board’s independence and attempt to pressure the US central bank into significant rate cuts has unsettled foreign investors, who fear the debasement of US monetary policy and the US dollar if the Fed – which has only recently cut its policy rate by 25 basis points – can be intimidated into monetary policies driven by Trump’s political ambitions rather than the economy’s settings.
The shutdown of the US government adds to the concerns, along with fears that neither of the major parties appears concerned about the blowout in US deficits and debt this year thanks to Trump’s One Big Beautiful Bill and its tax cuts for companies and the wealthy.
US government debt was $US35.5 trillion as of September 30 last year. It is now about $US38 trillion and rising daily. The US debt-to-GDP ratio is about 125% and rising. Trump’s much-vaunted revenues from tariffs (effectively a tax on US companies and consumers) will only make a dent in the $US1-trillion-plus interest cost on its debt.'
Gold is a safe haven as the decadent US empire declines into crony capitalism, debt and insolvency.
A good time to hold gold, or even better, Bitcoin and thereby avoid having your hard earned savings debased by governments futilely attempting to arrest the decline of US hegemony.
Buy Bitcoin, and hasten the collapse of US imperialism and the Jewish bankers who lurk behind it...
The world has changed since the 1950s.
Developing nations can now manufacture goods more cheaply than wealthy developed nations where financialisation has shifted the centre of production from physical goods to financial services.
China is the most obvious example of this.
Previously it was seen as necessary to impose tariffs on imports to preserve domestic manufacturing production.
There is a strategic aspect to this as well- having manufacturing capacity in your economy has advantages as the US is discovering now that China is restricting exports of rare earths to the US military.
Economics is never simply about free markets- it is always also a matter of how nations compete for advantage in the supply of raw materials and manufactured goods.
Many countries impose tariffs and other trade barriers in order to encourage and preserve a domestic capacity to produce food and other strategic supply chains.
Only governments can logically impose and manage such trade management and development strategies- left to the 'free market' nations would risk being left unable to produce vital goods and the result would be being held over a barrel by competing nations.
0 sats \ 3 replies \ @Solomonsatoshi 20h \ parent \ on: I couldn’t buy it, so I just made it bitcoin
Yes I saw that after following the link.
Would have preferred it being included in the post, but all good.
Would be surprised if cost of production is more than $5 but if shipping is included maybe its ok.
However could just stamp seed phrase on a plate of s/s and put it in an envelope or rivet two sheets together if you wanted to use this method.
The cable tie is hardly secure if the item falls into the wrong hands.
The angle the advertiser is using is people in India traditionally and culturally highly value gold as a SoV and showing one BTC is worth almost one Kilo of gold highlights the equivalency.
Asian people generally have more open physical gold markets and a strong tradition of holding gold where buying and selling gold provides healthy competition with the states fiat.
Early adoption of Bitcoin was strong in Asia because of this and especially large young internet native populations and often lack of reliable equities markets.
But many Asian governments moved to limit and restrict this new competition with their fiat shitcoins coming from Bitcoin. Thailand, S.Korea and India in particular. More recently since Trumps second term some of these restrictions are being reduced.
All autocracies are.
You could argue India is a democracy, but it has taken an autocratic stance on Bitcoin.
Even in the 'liberal western democracies' which have dominated all other people and global resources for centuries via military and monetary hegemony, Bitcoin MoE use is heavily obstructed.
Bitcoin has been slyly captured and controlled by the wests bankers and governments- only allowed to be used conveniently as a kyced taxed speculative commodity that does not threaten to undermine the MoE monopoly of fiat money.
Increasingly US bankers and corporates hold custody of Bitcoin and exclude it from any potential use as a MoE.
Perhaps Bitcoin will be adopted by central banks as a reserve asset, but nation states and their governments are unlikely to release their citizens from the noose of fiat debt slavery.
Losing fiat hegemony weakens a government and its ability to leverage citizens wealth to embark on projects (like war) that build or defend the collective wealth and security of the citizens.
You could argue the nation state is no longer requires but good luck trying that.
You would be invaded the moment you tried it if you had any territory or wealth significant enough to attract conquest.
Governments have always been fundamental to the wealth of nations.
Because individually people are inherently weak and vulnerable when confronted by an organised group.
Tamper proof?
What is to prevent someone releasing the keyring side and viewing the seed phrase then refitting it?
Or do you use the cable ties on both ends?
You have omitted providing your asking price.
It always worried me when people do that.
How much do you charge for a set?
Being in Thailand I assume you are unable to accept Bitcoin as payment since they banned MoE use of Bitcoin?
Understand totally your experience getting things fabricated in China more easily rather than Thailand - they are generally the best for this - I have previously tried Thai and Indian manufacturers for various custom design products but China is almost always far more responsive and cost competitive for custom production runs.