GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: — Courage — Justice — Temperance — Wisdom Think for yourself and strive to be a sage. On this Sunday, face the day with serene discipline, letting wisdom shape your choices and temperance steady your path toward excellence.

Just like most government services, which are typically inefficient and authoritarian, authorities must impose them on the populace by force. That's why currencies are dubbed "fiat"—mandated by decree. CBDCs will be no different; they'll be thrust upon us too.

Exploring Digital Currency Options for Curaçao: CBDC vs. Stablecoins in a Two-Tier Framework

Exploring Digital Currency Options for Curaçao: CBDC vs. Stablecoins in a Two-Tier Framework

In a rapidly evolving financial landscape, Curaçao’s Central Bank of Curaçao and Sint Maarten (CBCS) has been at the forefront of monetary inno...

GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: — Courage — Justice — Temperance — Wisdom Think for yourself and strive to be a sage. On this Saturday, let reason guide your actions, and with quiet resolve, embrace the challenges of the day as opportunities to grow in virtue.

The stablecoin duopoly is ending

The stablecoin duopoly is ending

Three's a crowd

The stablecoin market, long dominated by Tether and Circle's USDC with roughly 85% of the $300 billion supply, is fracturing as new entrants erode their duopoly through lower issuance costs, yield-sharing innovations, and regulatory shifts. Intermediaries like exchanges, wallets, and DeFi protocols—such as Phantom's Bridge-issued Phantom Cash and Hyperliquid's USDH—are launching proprietary stablecoins to capture user deposit yields, while emerging players like Ethena's USDe ($14.7 billion supply), PayPal's PYUSD, and Ondo's USDY gain traction by offering competitive returns, contrasting Tether's zero-yield model and Circle's limited sharing via Coinbase. Fixed costs have plummeted thanks to white-label providers like Anchorage and Stripe's Bridge, enabling easier entry, and post-GENIUS regulations now allow banks like JPMorgan and Bank of America to issue stablecoins backed by high-quality liquid assets without new charters, potentially via consortia including Paxos and Robinhood. Enhanced cross-chain swapping technologies further commoditize stablecoins, diminishing network effects and fueling a "race to the bottom" on yields, with the market poised for explosive growth as competition intensifies.

GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: - Courage - Justice - Temperance - Wisdom Think for yourself and strive to be a sage. Seneca believed fear is a self-imposed affliction that can be overcome through rational reflection, acceptance of nature’s course, and a commitment to living virtuously.

Tether Adds Over 8,800 Bitcoin Worth $1 Billion, Boosting Treasury Holdings Tether purchased nearly 8,889 bitcoin today, adding more than $1 billion worth of the asset to its balance sheet.

Bitcoin Magazine

Tether Buys $1 Billion In Bitcoin, Adding 8,888 BTC To Holdings

Tether purchased nearly 8,889 bitcoin today, adding more than $1 billion worth of the asset to its balance sheet.

Tether is gearing up to introduce USAT, a stablecoin that adheres fully to U.S. regulations and targets the domestic American audience. Earlier this year, the company revealed plans to reintegrate USDT with Bitcoin through Taproot Assets, beginning with issuance on Bitfinex and seamless integration with the Lightning Network. Are traditional central banks and established financial players tuned in to these shifts? Or are they moving too sluggishly to keep pace with crypto innovations and AI broadly, ultimately saddling everyday people with fiat obligations and stunted economic growth?

Gold and Bitcoin, as sound money, endure with stoic resilience, unmoved by the fleeting whims of markets or the folly of human excess.

NostrHub | Discover and Publish NIPs

NostrHub

NostrHub | Discover and Publish NIPs

Explore official NIPs and publish your own custom NIPs on NostrHub.

It's Knot a Serious Project A comprehensive compilation of controversial actions and statements by Luke Dashjr.

Cypherpunk Cogitations

It's Knot a Serious Project

A comprehensive compilation of controversial actions and statements by Luke Dashjr.

The article by Jameson Lopp sharply critiques Luke Dashjr, the sole maintainer of the Bitcoin Knots project, portraying him as unfit for such a critical role in open-source Bitcoin software due to a pattern of security lapses, opaque development practices, and polarizing ideological stances. It details alarming incidents like a compromised server hosting Knots binaries without any rebuild or verification, Luke's personal loss of 20 BTC from poor key management (eschewing offline storage), and the project's lack of signed commits or transparent merge processes, which undermine code integrity and community trust. Lopp also chronicles Luke's history of conflicts in the Bitcoin Core community, including baseless accusations against peers, opposition to privacy tools like mixing, advocacy for state crackdowns on illegal uses, and fringe beliefs such as Sedevacantist Catholicism and monarchism, all framed as evidence of his authoritarian tendencies and deviation from Bitcoin's decentralized ethos. Ultimately, the piece argues that these traits—prioritizing personal dogma over security, consensus, and freedom—make Knots a risky "knot a serious project" for users relying on robust, collaborative maintenance, though an alternative to both Knots and Core will eventually emerge that embodies the missing characteristics of transparency, security, and ideological neutrality, prompting many like myself to switch and run this new implementation.

Tesla is a neural processing unit (NPU) company, not just a car manufacturer.

GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: Courage, Justice, Temperance, Wisdom, think for yourself and strive to be a sage. On this Sunday, awaken with serene determination, letting virtue guide your path. Each moment offers a chance to cultivate wisdom and inner strength. Approach advice from older generations cautiously. The world they knew has changed dramatically. Their lives followed a pattern similar to their predecessors: work diligently, secure a job, rely on the system. That era is over. Many are entrenched in old mindsets and struggle to grasp today's realities or anticipate the future. Don't base your life on an obsolete framework.

GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: Courage, Justice, Temperance, Wisdom, think for yourself and strive to be a sage. On this Saturday, greet the morning with calm resolve, anchoring your soul in virtue. Let each action reflect a steadfast commitment to wisdom.

GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: Courage, Justice, Temperance, Wisdom, think for yourself and strive to be a sage. On this Friday, embrace the dawn with unwavering focus, letting virtue shape your deeds. Each choice today builds the foundation for a wiser tomorrow.

PoNv Poof of Node v😉

GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: Courage, Justice, Temperance, Wisdom, think for yourself and strive to be a sage. On this Thursday, face the day with disciplined resolve, grounding your actions in clarity. Let each moment refine your pursuit of a virtuous life.

As predicted: 🇺🇸 Federal Reserve cuts interest rates by 25bps.

“Technology is always and everywhere a tool, not an autonomous agent. It requires humans to operate, which they will do in order to satisfy human desires.” When we say “technology” saves labor, what we really mean is it leverages labor. It gives to labor powers that were previously impossible, inconceivable even. Only in the aftermath of witnessing its novel capabilities do we articulate that a car gives to a man the literal physical power of 200 horses. We do not start by imagining squishing 200 horses into a metal box.” — Allen Farrington What if AI isn't displacing us but amplifying our potential? This article explores the fear of job-destroying machines, from steam engines to LLMs, and why each “this time is different” alarm consistently misses the mark. Is AI merely the next mind-enhancing tool, like a bicycle, or something far greater? Here is the article: Vibe Capital Accumulating by Allen Farrington

Habla

Vibe Capital Accumulating - allen

I am standing on the shoulders of AI.