Economic anecdote from the field: there’s an abnormal amount of parking available for mid July in my shore town. Usually jam packed this time of year. Shows on the beaches too.

I don't think the profundity of being able to host a web application on Nostr that can connect to HTTPS without a DNS dependency can be overstated. Nostr is so much more than a protocol for social media.

TFTC – Truth for the Commoner

Nostr is More Than Social Media

Don't sleep on Nostr.

White pills only. We’re winning harder than I could have ever imagined and most people don’t realize it. The progress that’s been made on this protocol over the last 7 months has far exceeded my expectations.

This is why scaling in layers and pushing privacy up the stack is the correct strategy IMO. There are many improvements that can still be made at the protocol level e.g, wider Payjoin adoption, but most of the MoE privacy advancements should happen above layer 1. Being able to audit the supply trivially and with confidence is paramount to bitcoin’s long term success. View quoted note →

We’re going to win.

If people didn’t believe in the spiritual battle before it’s almost undeniable now.

@BLUESKY two days ago on @RABBIT HOLE RECAP. Insane times. Stay peaceful, freaks. It will be important to keep composure through all of this.

This man is going to win in a landslide.

Crypto is a cesspool filled with affinity scammers and frauds fronting as visionaries.

Marty’s Nostr Alpha of the Day: Jay walking is an art form. It’s something you should work to perfect so you look cool and not like a total knob.

Holy shit.

Holy shit.

Bitcoin is money. Own it. View quoted note →

Don't get too pumped about Trump speaking at this year's @The Bitcoin Conference, there are forces in motion that could severely impact the bitcoin industry if people don't begin to make noise. Earlier today there was a Senate Agriculture Committee hearing on Oversight of Digital Commodities with the head of the CFTC that everyone should watch. If the legislation that is inevitably going to come out of this hearing gets passed it won't matter if Trump gets into office. The industry will be hindered for years. There is bi-partisan support at the moment as Democrats are moving quickly to react to the buzz Republicans have received due to their embrace of bitcoin. Long story short, this committee is pushing to give the CFTC regulatory oversight over spot bitcoin markets, which is an unprecedented expansion of CFTC authority into retail commodities trades whereas in the past they have exclusively had jurisdiction over only commodities derivatives markets. If the CFTC is granted this expansion of authority it would mean that they are likely going to require any bitcoin company to register with the federal government and have enhanced KYC/AML requirements. To be clear, this won't only affect exchanges, but any company that touches spot bitcoin. These efforts are being spearheaded on the crypto side via lobbying efforts by Kraken, Coinbase and Ripple. Not shocking because this would likely enable them to trivially erect regulatory moats. It looks like the bi-partisan effort will be looking to pass something through the House and into law rather quickly. Likely before the election. It is imperative that you speak out against this as it would increase the regulatory and compliance burdens on US bitcoin companies considerably. The best move right now is no action. We need less regulation, not more. As we've seen time and time again throughout the first 15-years of bitcoin, these regulations but users in harm's way and make it unreasonably difficult for companies to operate cheaply and effectively. Call you Representative and tell them to reject any bill that would give the CFTC oversight over spot bitcoin markets. This is a full on attack.

The concept of Summer Doldrums doesn't exist in bitcoin. In the last week, Germany has dumped > 30,000 BTC, ETF inflows surpassed 90% of all new ETF inflows in one day, and Block + Core Scientific announced a new partnership involving Block's 3nm ASIC.

TFTC – Truth for the Commoner

Germany Dumps, ETF Buyers Flood In, & Block + Core Scientific Announce a New Partnership

Bitcoin never sleeps.

What you are witnessing play out is the emergent symbiosis of complimentary protocols being built on top of bitcoin. Highlighting the beauty of the interoperability that is native to the bitcoin stack. Lightning + Chaumian mints strengthen each other.

TFTC – Truth for the Commoner

A Glimpse at the Potential of Complementary Protocols

Complimentary protocols can enable some pretty incredible things. We're seeing it play out with lightning and Chaumian mints.

France has fallen.

Collectively, unfunded liabilities are more than 6.2x larger than our national debt. When broken down to the level of the citizen, each US citizen would need to cough up $643,535 to cover these liabilities. These unfunded programs are Ponzi Schemes.

TFTC – Truth for the Commoner

The Elephant in the Room: Unfunded Liabilities

The unfunded liabilities in the West are structural Ponzi schemes.

This is a text exchange from 2018 between Hunter Biden and his psychiatrist in which they joke about President Biden's dementia. They knew he had dementia but pushed him to run anyway. He was always a puppet and those in the party pretending that this is news are trying to manipulate you. The corporate media and the Democrat party are trying to save face and their tactics are so obvious and dishonorable that it really makes one wonder if the party is run by literal demons. Imagine if the Hunter Biden laptop wasn't labeled as "Russian Fake News" and Americans were able to look at the data and decide for themselves. We wouldn't have had a corpse on puppet strings being manipulated by the Deep State as President for the last four years.

FedEx trucks are now spying on you.