halalmoney's avatar
halalmoney
halalmoney@stacker.news
npub1vdaz...7rjz
Freedom. Justice. #Bitcoin https://stacker.news/r/halalmoney
halalmoney's avatar
halalmoney 5 months ago
*CLINK is a nostr based transport for invoices, a bit like LNURL, but end to end encrypted and key-identified so you don't need a web server of your own to use it trustlessly, works with any open relay. Also provides an much better alternative to the slow and unreliable onion-based messaging of Bolt12. The spend spec offers functionality like NWC or LNURL-Withdraw, but without prior account setup and secret sharing.*
Stacker News
SN release: CLINK wallet, recent search order, improve related posts, bug fixes \ stacker news
If you are running https://lightning.pub/, you can now send/receive with CLINK. Also we now pickup the lightning address from NWC strings if it's p...
halalmoney's avatar
halalmoney 5 months ago
*the solution to the inequality and injustice produced by govt central planning is not to institute more central planning* View quoted note →
halalmoney's avatar
halalmoney 5 months ago
*The difference is structural: Bitcoin routing is subsidized by belief, while token routing will always be mercenary. This is why stablecoins will never truly compete with sats on Lightning. They may succeed at moving volume for a time, but they will never summon a volunteer army. Bitcoin nodes are happy to give because they are defending the hardest money the world has ever seen. Token nodes will only give if they are paid, and they will want paying well.* View quoted note →
halalmoney's avatar
halalmoney 5 months ago
*The Drainers Think of all the newer players in crypto now: government, Wall Street, tradfi converts, and Jonny-come-latelies, plus corporation treasury reserve FOMO-ers – not to mention hackers with record-breaking heists, dodgy projects with worthless tokens, and pump-and-dump schemes. These players have always been part of the space, but now the market seems to be relying on these “institutions” to somehow push crypto to the next level. The trouble is, they don’t care about crypto – they care about fiat, and will drain fiat out of crypto, effectively deflating it. The above old-schoolers, the non-drainers, become exit liquidity for the drainers, who are highly skilled and remorseless. The drainers are growing, and that’s not good.*
Bitcoin Is Digital Exit Gold: The Four-Year Doubling Cycle — Forbes
Bitcoin hasn’t really gone anywhere since I bailed at $100,000. Well, not in line with expectations of $250,000 or $1 million that the fanbase ha...
halalmoney's avatar
halalmoney 5 months ago
*The Drainers Think of all the newer players in crypto now: government, Wall Street, tradfi converts, and Jonny-come-latelies, plus corporation treasury reserve FOMO-ers – not to mention hackers with record-breaking heists, dodgy projects with worthless tokens, and pump-and-dump schemes. These players have always been part of the space, but now the market seems to be relying on these “institutions” to somehow push crypto to the next level. The trouble is, they don’t care about crypto – they care about fiat, and will drain fiat out of crypto, effectively deflating it. The above old-schoolers, the non-drainers, become exit liquidity for the drainers, who are highly skilled and remorseless. The drainers are growing, and that’s not good.*
Bitcoin Is Digital Exit Gold: The Four-Year Doubling Cycle — Forbes
Bitcoin hasn’t really gone anywhere since I bailed at $100,000. Well, not in line with expectations of $250,000 or $1 million that the fanbase ha...
halalmoney's avatar
halalmoney 5 months ago
*there’s clearly more to the story, with Strive itself forking over overvalued shares (its mNAV is in the 3-8 range, depending on dilution), so the real bitcoin-value that SMLR shareholders receive is roughly aligned with where Wall Street is trading that stock this morning. There’s no arbitraged premium when you’re paying with air! The price of Strive shares when they unlock later this year, is unknowable.*
Stacker News
Did Strive Just Deploy Warren Buffett’s Elephant Gun? (Bitcoin Magazine, JB) \ stacker news
Yes, I mean I obviously already had this article in the pipeline (gun sight??) when I published https://stacker.news/items/1232813/r/denlillaapan S...
halalmoney's avatar
halalmoney 5 months ago
*the average individual still does not have his or her finger on the problem, i.e. they perceive that something is kind of wrong with the economy in general but cannot link it to the nature of fiat money* View quoted note →
halalmoney's avatar
halalmoney 5 months ago
*Narrative management: "We tolerate sound money". - A visible gold bull market signals tolerance for a "traditional hedge", undercutting the story that authorities crush every escape hatch. It buys legitimacy while more programmable rails (stablecoins/CBDCs) normalize.* View quoted note →
halalmoney's avatar
halalmoney 5 months ago
*Gold can satisfy the public's "store-of-value" impulse without granting a parallel, censorship-resistant payments rail* View quoted note →
halalmoney's avatar
halalmoney 5 months ago
Doomberg: In his weekly newsletter Tree Rings, Luke Gromen has been arguing persuasively that the US stock market now effectively backstops the US Treasury market. With foreign buyers limiting their purchases of US debt, any meaningful fall in stock prices would trigger a significant crisis for the Federal Reserve. The primary drivers of this direct linkage are the persistent US fiscal deficits and the strong correlation between government tax receipts and equity prices. Should a major market correction occur, deficits would surely blow out beyond what can reasonably be managed absent direct monetization. … It is no exaggeration to say that these three pillars—NVIDIA’s designs, TSMC’s foundry expertise, and ASML’s near monopoly on the most advanced lithography machines—form the foundation of the current stock market boom.
↑