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Bitcoin Dad
bitcoindad@nostriches.net
npub1vqdw...upvj
I like Bitcoin, Banjo, and Being a dad.
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Bitcoin Dad 10 months ago
Oh, the irony. The best way for the US's (former) allies to get back at the US for tariffs, abandoning Ukraine, etc. would be to dump US treasuries and start settling trade with #Bitcoin in order to destroy the dollar hegemony. But these countries have also been the most outspoken in their hate of Bitcoin.
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Bitcoin Dad 11 months ago
I hate the right. I hate the left. Both would rather screw over the other party than do what's best for the American people. Just as Trump's tax cuts were set to reduce/expire just as the next administration came to office, the left also played shenanigans to screw over the next administration. In the months leading up to the election, Yellen not only sold the short end of the yield curve, but also bought back at the long end. This had the effect of propping up the stock market by keeping the 10 year yield artificially low. Now as soon as Trump is about to take office, they are selling the long end of the curve and the stock market is tanking due to it. Both parties suck. I voted third party and always will.
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Bitcoin Dad 1 year ago
For those who have been stacking during the bear, the bull market is a great time to de-leverage. Maybe take some time off from stacking to pay off your debts, including mortgages. Is this the best way to maximize fiat returns? No, but there's a certain calm that comes with knowing that you are not financially beholden to anyone.
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Bitcoin Dad 1 year ago
The most recent high profile physical attack on a bitcoiner that took place in Toronto this past week has made me once again examine my physical security and my Bitcoin security. I use multi-vendor, geographically distributed multisig. If you kidnap me, you've got to bring me to at 3 different places which are open and public places. This could take over 24 hours time. It's probably not worth the risk of you getting caught in the process. But what about kidnapping me (or worse one of my family members) and holding me/them in a secret location until someone ELSE gathers the keys? THIS seems plausible. We need to be able to timelock our Bitcoin to prevent this type of attack. I know that timelocking is currently possible (see Liana wallet), but I believe that you have to create a new on-chain transaction to "reset" the timelock for every expiry. This isn't practical or efficient in the long term. So my question: what type of upgrades are needed to the Bitcoin code in order to timelock a UTXO upon the signing of a new transaction? In other words, I sign a transaction for a ransom, but it doesn't send for a certain number of blocks. It is also reversible with an additional signature. And this is all verifiable before the signing even occurs to deter the transaction in the first place. Tagging some big names to get a discussion on the topic: @Guy Swann @Lyn Alden @preston @Peter Todd @Peter McCormack @Jameson Lopp @DETERMINISTIC OPTIMISM 🌞 @calle @miljan @ODELL @Bitcoin Mechanic @Gigi
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Bitcoin Dad 1 year ago
Operation clown world has commenced. A government who is running a deficit somehow has the money to buy back bonds. This is all pre-election shenanigans. The shit will not hit the fan until after 11/5/24. image
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Bitcoin Dad 1 year ago
Re: recent events surrounding Samourai wallet. Government: #Bitcoin is property and subject to capital gains taxes. Also Government: you may not obfuscate your #Bitcoin transactions because that is money laundering. So which is it, fuckface, property or money?
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Bitcoin Dad 1 year ago
M2 supply starting to trend up again despite interest rates being high. I think this is what @Lyn Alden means when discussing fiscal dominance. I'd expect inflation to continue to hover if not trend up. Buy #Bitcoin image
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Bitcoin Dad 1 year ago
Can someone explain to me why @ODELL posts like a boomer with all caps and punctuation? Did I miss something a while back on this?
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Bitcoin Dad 1 year ago
Can we get a @gladstein vs Warren debate? I want to see Alex rip her a new one as she comes out as a closet authoritarian.