Humble Bitcoiner 's avatar
Humble Bitcoiner
humblebitcoiner@nostrplebs.com
npub1w8rr...h663
Low IQ Stacking sats Staying humble
My apartment was 20 Bitcoin when I bought it It’s worth 2 Bitcoin now Lesson: stack sats not apartments
We probably all have some portfolio tracker in fiat terms I sometimes look at it and think “it’s all just number” I literally feel no emotions about it Only thing that matters to me it the amount of infinite sats I have
Wish I could borrow billions of $$ at no cost to buy #Bitcoin
8 rules of life 1. F*** what they think. 2. Take risk. If you win, you will be happy. If you lose, you will be wiser. 3. Sometimes things go wrong to get you right. You have to trust the process. 4. Nobody cares about your story until you win, so win. 5. Accept criticism, but never accept disrespect. 6. You learn a lot by being silent. 7. No success until you accept the pain of discipline. 8. Control your Emotions. Control your MIND. Control your life.
Bull market vibes on a Sunday Great Stay humble and stay sats
I can see a bear market coming when the hype around quantum computing becomes bigger Normies who don’t know shit will likely be scared
Diversification is for the clueless. You don’t build an airplane with random materials or fuel it with a mix of water and gas Buy #Bitcoin or get poor by diversifying
I think a lot of haters expected BTC to dump hard when it hit 100k And here we are still chilling
The MiCA (Markets in Crypto-Assets) regulation, passed by the European Union, is one of the most comprehensive crypto frameworks globally. Its main goal is to create a standardized regulatory environment for cryptocurrencies and digital assets across all EU member states. Here’s a breakdown of its implications, especially concerning self-hosted wallets: Key Points of MiCA: 1. Regulatory Clarity: MiCA establishes clear rules for crypto asset issuers, exchanges, wallet providers, and stablecoin operators. This reduces regulatory uncertainty for businesses and investors. 2. Licensing for Service Providers: Crypto exchanges, wallet providers (custodial), and other service operators must obtain licenses to operate in the EU. 3. Stablecoin Oversight: Issuers of stablecoins must meet strict reserve, transparency, and operational requirements to ensure their stability and protect users. 4. Consumer Protection: MiCA requires crypto firms to disclose risks, fees, and clear terms to protect consumers. Impact on Self-Hosted Wallets: Self-hosted wallets (like Ledger, Trezor, or software like MetaMask) are not directly targeted by MiCA. However, there are indirect implications: 1. Transfers to/from Custodial Wallets: • MiCA includes provisions inspired by the “Travel Rule,” requiring exchanges and custodial wallet providers to verify sender and receiver details for transactions exceeding €1,000. • If you transfer funds from a self-hosted wallet to an exchange, the exchange may require you to verify ownership of that wallet. 2. Increased KYC/AML Scrutiny: • While self-hosted wallets themselves remain private, transactions involving regulated platforms may face enhanced Know Your Customer (KYC) and Anti-Money Laundering (AML) checks. • This could reduce anonymity for users who frequently interact with custodial services. 3. Freedom to Self-Custody Remains Intact: MiCA does not ban or limit the use of self-hosted wallets. You can still manage and store your funds independently without relying on custodians. Implications for Crypto Users: • For Self-Hosted Wallet Users: • You retain full control over your crypto assets. • However, interactions with custodial platforms may become more cumbersome due to compliance requirements.
In Europe there is a new law that requires every Bitcoin holder to declare its holdings in self custody Unreal