Bukele is a hero to most bitcoiners, and his authoritarian policies appear popular in his country. But he is trampling over basic human rights, and @gladstein is right to keep reminding us.

News

El Salvador's secretive mega-jail - BBC News

US interest payments on its debt soon hitting $1 trillion / quarter. 150 million tax payers in US. That's $6667 (or $26k / year) per tax payer... ...with no services provided in return.

If companies that record your phone calls are legally required to tell you... When you visit someone who has an Alexa in their home, shouldn't they be required to gain your consent to be recorded too?

BBC News

Amazon to pay $25m over child privacy violations

The online giant is also penalised for allowing Ring doorbell workers access to customer recordings.

They say Bitcoin is for criminals. And yet I have received at least five of these Class Action letters because the fiat banks have provably continually committed financial crimes (covering currency, metals, commodity and treasury markets). But because the banks and lawyers control clown world for their own benefit, the plaintiffs (in this case traders, of which I was one) only get paid if they provide copies of all broker statements from 2005 to 2011. Statements required from 18 years ago! In the UK people only generally hold statements for seven years, because that is what is required by tax law. Very convenient for the banks that it has it taken so many years after the crimes were known for the class actions to be brought. And imagine what proportion of the settlement will go to the lawyers for so many years of hard work.

Can any long term #nyms recommend a non-KYC bitcoin accepting domain registration and/or VPS hosting provider? @ODELL @Gigi @Seth For Privacy

It's impossible to be too #BullishOnBitcoin. Just listened to Gladstein talking about accelerating adoption across the Global South (

The Investor

How IMF World Bank Sell Exploitation As Development

BTC129: HOW THE IMF AND WORLD BANK SELL EXPLOITATION AS DEVELOPMENT W/ ALEX GLADSTEIN 09 May 2023 Preston interviews humanitarian, Alex ...

Followed by Obi talking about how Fedimint is going to enable it (https://www.whatbitcoindid.com/podcast/how-fedimint-scales-bitcoin) - look out for an annoucement in Miami ;) (h/t to @preston and @Peter McCormack for the pods)

Everything in Bitcoin comes at just the right time. Fedimint and Cashu arriving on the scene in 2023, just as it looks like some people may get priced out from opening their own Lightning channels.

Electric vehicles are zero emission. Bitcoin miners are too. Pierre drops some education: https://twitter.com/BitcoinPierre/status/1653544090103869441

My podcast of the month is Bitcoin Audible podcast no 724 from @Guy Swann One of those potentially life-changing pods with Objectivist Ethics from the genius Ayn Rand. Thanks to Guy for curating and to @DETERMINISTIC OPTIMISM 🌞 for giving him the poke to bring Rand's incredible thinking back to our attention.

Fiat money - the idea that we can and should create money from thin air - is simply saying, "I know better than the market how to allocate money", which is to say to know better than everyone else what is good and what is bad, what is valuable and what isn't, what is necessary and what is superfluous. The question that the fiat system answers is the following: who is allowed to counterfeit currency, and how much? Further, who is allowed to have access to money, and who isn't? #[0] getting to the root of things (again) in

Citadel21

Bitcoin's Meme Wars — Citadel21

Bitcoin.

Welcome #[0] - with all the best bitcoiners coming to Nostr the day is soon coming where Twitter can be deleted 😁

Does anyone else see an almost perfect inverse correlation between this graph from the Fed: https://nostr.build/i/nostr.build_aef678e401330d237ec3d8a5f6430925a31dfd7c3cbbe006d0436d04bc5e230c.jpeg, and this one regarding the well-being of a turkey: (Fed graph is from

404 | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The $2 trillion created overnight by the FED is $2,000,000,000,000. That's $250 for every single human being on the planet. Created instantly by a few men in a room with no work done or anything of value created. The truth is governments can produce unlimited money whenever they want. This costs us all later in the form of inflation, which makes us all poorer. Since fiat money was created, taxes are no longer needed. In fact they are a charade, because even the highest taxes in history can no longer pay for the government's out of control spending. Taxes are retained simply as a means of controlling us. Can you see yet, how much we are being played?

For people thinking their deposits are safe if they are below the #FDIC $250k limit... You might get your money back, but are you prepared to wait for months or years before you have access to it again? I had life savings in a bank in Europe in 2008 (IceSave) that was covered by the UK's version of FDIC, the FSCS. I felt safe. But when the bank ceased to function, I didn't get my money back from the FSCS for more than 2 years. BTW, I also had to provide bank statements to prove to the FSCS that I had savings at the bank - good luck with that if it's a web based bank and their website "goes down". So I hope you're keeping records on your own computer and not just leaving them on your bank's website ;)

My family must have thought that bottle of orange pills I left on the side were sweets.

The lies in this statement are utterly shameless: https://home.treasury.gov/news/press-releases/jy1337 "no losses will be borne by the taxpayer" (so who will they be born by?) "the U.S. banking system remains resilient and on a solid foundation" (which is why we had to have an emergency meeting on a Sunday to save it) 🤡

Another warning shot about the state of affairs at Binance

Hopefully no need to tell the smart folks on Nostr to get everything off Binance, but heads up that things may not be too rosy there: https://www.forbes.com/sites/javierpaz/2023/02/27/binances-asset-shuffling-eerily-similar-to-maneuvers-by-ftx

I keep flip-flipping on whether to be anon or to use my real name to build trust. Derek Sivers nailed it with this article on anonymity: https://sive.rs/anon. Have a name that is rare but believable: then you are BETTER hidden than when you're anon, AND you build trust. Even if you become famous, you could stand on a #bitcoin conference stage using your pseudonym.

#[0] might write articles that are a bit woo-woo for some. But read them, and you'll realise they are based on truth: https://tomerstrolight.medium.com/hello-i-am-bitcoin-a1f804617fab