*So, the answer to get >1 mNav is to develop a cult following and a reputation as the country's best investor. Got it!*

Stacker News

Buffett's Lesson to the Bitcoin Treasury Companies (WSJ, Krystal Hur) \ stacker news

Here's a company that sustainably manages to trade above its book value, in dire contrast to the upstart fad bitcoin treasury companies where their...

*the quality of our consciousness is like a reflection back at us that determines the real value of our lives* View quoted note →

*Bitcoin's base case: Managed cyclicality, net up over multi-year windows, less upside convexity than "maximalists" hope, more containment than cypherpunks want. So Bitcoin is the sanctioned pressure valve. That design likely lets many holders win in fiat terms while the system keeps Medium-of-Exchange at scale off the table and diverts attention from privacy rails. It's not emancipation; it's containment with upside.* View quoted note →

*Datacarrier "policy" liberalization (OP_RETURN & standardness) - Higher legal and operational risk for full nodes (content relay/storage), more mempool congestion; sovereign hobbyist nodes face higher cost/ liability calculus* View quoted note →

*Why the development process is the preferred perimeter to attack: - Cheaper than legislation: Defaults and "safety" framing do the enforcement work. - Plausible deniability: "We're just improving performance". - Asymmetric impact: hits sovereign users hardest; institutional wrappers unaffected.* View quoted note →

*You don't have to "hack" Bitcoin's consensus rules to influence how the network behaves. You can steer what gets relayed, mined, or socially accepted by quietly shaping the development process — who gets funded, who reviews changes, which features become defaults, how releases are timed, and how communication is framed* View quoted note →

*influencers are keeping the crowd sedated with cheap hopium* View quoted note →

*A distributed holder base is what separates a speculative asset from a durable store of value. It’s what allows something to graduate from “magic internet money” to “global monetary asset.”*

Bitcoin’s Silent IPO: Why This Consolidation Isn’t What You Think

The quiet liquidity event reshaping Bitcoin’s ownership base and its future stability

I see a dog looking in the direction of the viewer. What do you see?

*It strikes me... that one measure of maturity might be attaining an awareness that there can be no genuine devotion to fighting the forces that unworld the world without genuine devotion to the littlest manifestations of beauty that make this planet a world and this existence a life.* Orwell’s Roses: Rebecca Solnit on How Nature Sustains Us, Beauty as Fuel for Change, and the Value of the Meaningless Things That Give Our Lives Meaning

*If you use [Shockwallet] in bootstrap mode it's using our Pub as a back-end, the next phase of this however is that when the balance is adequate the wallet will upgrade itself to a cloud node (or prompt you to connect your own) such that you can then invite your friends and family to it and get some ROI on hosting/channel costs*

Stacker News

My 2 sats constructive critique for Lightning.Pub / ShockWallet \ stacker news

@justin_shocknet I know I could just ask you these aspects on a more direct channel on Telegram, but I also want stackers to see that I do not kiss...

*Unquestioned support for any nation erodes sovereignty. It weakens integrity. It disconnects us from reality* View quoted note →

*The total addressable market for AI data center chips is projected to reach $286 billion by 2030, according to research firm Omdia, with growth driven by AI application adoption and the increasing use of reasoning models* https://www.perplexity.ai/page/mediatek-targets-billions-in-a-Aw6827xYS.KiDlasNYhzYQ

*In a world that will be transformed by AI, in-person communities will become more imperative than ever* View quoted note →

*Proof-of-work links the act of energy expenditure directly to a permanent informational record. It’s not just heat anymore, it’s memory and proof. This why proof-of-work and consensus must be tied: one measures energy, the other orders it in time* View quoted note →

*By fixing a terminal supply and grounding every transformation in measurable work, [Bitcoin] gives the universe’s implicit law of conservation explicit form. It shows that value and structure depend on bounded systems where every bit of order must be paid for with energy* View quoted note →

*freedom matters more than convenience sovereignty beats virality owning your voice is worth the friction of learning new tools* View quoted note →

*human beings are meant to communicate freely, trade freely, think freely and without permission from platforms that see you as inventory* View quoted note →