Favourite quote of the day: “Fiat money, paper money IS socialism through monetary policy” which goes hand in hand with: “Socialism is Communism by stealth” You have now been slapped awake, re-act or act accordingly.

Love this quote from @nat brunell “Bitcoin empowers you to transition from being a chess piece to a chess player”

Fix the base layer communication protocol between strangers (money), fix the world.

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Merry Christmas Tribe! May the divine individual within you be forever united in its effortless striving towards the greater good.

Kids are classic. My 13yr old and I were discussing his, less than ideal, school report card and he was attempting to describe his future as a digital nomad but instead said, “When I am older and a Bitcoin Gonad, I won’t need to worry about my grades.” 🤣🤣🤣 I am pretty sure if he is a Bitcoin Gonad he will be correct. 🙈

One honest person created honest money. Now honest money is creating a world of honest people. Satoshi is the butterfly.

If necessity is the mother of all inventions than it stands to reason that the ability to store value across time, hard money, is the daddy.

Reposted. Original by Bayani #Austriches Hey all. You may or not be aware of the recent proposal to further regulate “digital asset platforms” such as crypto exchanges, who currently require an AFSL because they deal with financial products and other high risk activities. A fact sheet can be found here: https://treasury.gov.au/sites/default/files/2023-10/c2023-427004-fs.pdf However, you may not realise that this proposal will create a new financial product, one that requires any entity providing an “asset holding” service, regardless of the asset being a financial product or not. This expansion of regulatory control will thereby include bitcoin-only exchanges, requiring them to undertake the costs and the regulatory burden of an AFSL, despite not participating in the same high-risk activities crypto exchanges typically do. It is strongly recommended to provide comment on this; high-risk activities deserve the regulations. Bitcoin-only exchanges do not. This will result in raising the barrier to entry for new participants, and push consumers into leaving their bitcoin in the hands of people who have a greater exposure to high risk activity. I’ll be sharing a version of my response if you care to use any/all of it. Please share this with others who may be interested; Twitter, Facebook, Nostr, etc.