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ScottyB
ScottyB@primal.net
npub1eaxs...mt6v
Detoxing the Algo’s
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ScottyB 11 months ago
I find it funny that a large portion of the investment class was not able to “buy” bitcoin with their money until the ETF was approved… And they don’t see a problem with that.
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ScottyB 11 months ago
“Every monopoly and all exclusive privileges are granted at the expense of the public, which ought to receive a fair equivalent” Satoshi gave us our fair equivalent in a world of exclusive currency manipulation privileges.
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ScottyB 11 months ago
“Many of our rich men have not been content with equal protection and equal benefits, but have besought us to make them richer by act of Congress” —Andrew Jackson
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ScottyB 11 months ago
Israeli savings time. Can we not just have American flags proudly displayed by US elected officials? This is so purposeful and forced it’s tiring. image
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ScottyB 11 months ago
Supreme leader of Iran ironically shills for Nostr? Does the accuracy of your utterances preclude your ability to say it? image
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ScottyB 11 months ago
The bull and his un-humbled sats are quickly departed.
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ScottyB 11 months ago
The U.S. debt clock should include the bitcoin reserve next to the precious metals ticker so we can watch the inevitable flippening.
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ScottyB 11 months ago
Having had the time to read the full EO. This is an undeniable win for Bitcoin. With a correct delineation between Bitcoin and shitcoins validated now by the federal government. Now, how to protect this from the pendulum swing of partisan politics?
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ScottyB 11 months ago
Congrats everyone. Bitcoin procurement is now the only item on the federal government’s radar that has to be budget neutral. But everything else? Budget be damned!
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ScottyB 11 months ago
Here is the full SB 21 (Texas Strategic Bitcoin Reserve) that passed the State Senate today. https://legiscan.com/TX/text/SB21/id/3152029/Texas-2025-SB21-Comm_Sub.html Of note are the explicit carve outs that allow for shitcoinery, including proceeds from any distributions “Pursuant to an airdrop to the state’s cryptocurrency addresses.” Paving the way for state sponsored shitcoins. From the bill: “2) bitcoin and other cryptocurrencies can serve as a hedge against inflation and economic volatility; and (3) subject to Section 403.704, bitcoin and other cryptocurrency purchased using money in or received by the reserve, including any cryptocurrency: (A) derived from the fork of a distributed ledger; or (B) distributed pursuant to an airdrop to the state's cryptocurrency addresses;…”
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ScottyB 11 months ago
There’s something inherently satisfying about taking your paycheck in bitcoin that makes you more comfortable with the volatility. Which seems backwards. From the outside in you’d think it would make you more price sensitive. It doesn’t.
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ScottyB 11 months ago
A windage check heading into the summit: My take, announce no further sales of seized BTC as the start of the reserve, then throw support behind a congressional bill to establish procurement. I don’t believe we will see any U.S. buying unless money is allocated through congress - which may never happen. image
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ScottyB 11 months ago
#1 hiring mistake I see. Finding the job for the person rather than finding the right person for the job. All DEI campaigns can be categorized in the former.
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ScottyB 11 months ago
Some of you tech-minded people on here are scary smart. Half the time I don’t know what the hell you’re building, but I will use it when you’re done! Keep building. Or whatever you’re doing. I appreciate it.
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ScottyB 11 months ago
The trades have a real shortage of competence. Any young-folk with a mid-level intelligence can quickly rise through the ranks. Trade work is more than manual labor, there are entire teams of back office management required to build modern buildings. And what’s better, they can arbitrage early advancement and high salaries into more BITCOIN. Exploit the opportunity!
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ScottyB 11 months ago
For all this talk about gold being brought back as a neutral reserve asset. I was wondering if someone could verify the total supply for me? Oh wait