"UnBank you Very Much"
Yesterday I walked into a US Bank branch because I wanted someone to verify something that is completely unclear. Never mind the 'Make an Appointment' button went to a dead link online with my desktop and confirmed on my cellphone app (same site.)
The situation:
Our daughter is in France for 2 years and because of French law/rules/regulations, she has to have a French Bank Account in order for her to function over there. So she can get a French phone, deal with locals/cash for housing and some food. (People like cash everywhere, hmmmm.)
Regardless, I simply need to move money, transfer from our US Bank Account to hers or from her US Bank account to the French account.
I explained this to the US Bank employee and she confirmed what I already knew without attaching the price (not clear anywhere on their site.)
US Bank: "In order to do this, you have to do a wire transfer."
Me: "That is the only way? I need this to be ongoing for two years, sporadically but probably frequently."
US Bank: "Yes, the only way."
Me: "How much is each transfer?"
US Bank: "$50"
Me: "$50, regardless of denomination?"
US Bank: "Yes."
Me: "That's ridiculous...(me turning my back and walking out with the still unresolved issue.)"
From a previous note, I can't us Strike (they require my daughter bring in a utility bill with her name on it for part of the KYC process.)
Does anyone know if Venmo or PayPal or CashApp or any other 'mainstream' POS Fiat based online system can beat the 1950s Bank technology with a US to France simple transaction?
Bathtub Section of Extraneous
I am showing you how there are 6-7 hops in a Venmo transaction.
======
While he was in front of Congress (2020) to Brian Brooks, one of my favorite Bitcoin voices. Brooks gets drowned out online by Bitcoin Maxis sometimes because he talks about Web3/Blockchain but he is freakin' smart and his Bitcoin analysis is incredible. I am going to repost more on him later.
For now, when Binance's nuts were in the vice, the Binance filing, Sam explains the previous two CEOs at Binance to CZ (Slea-Zy), known as Hostile CEO A and Hostile CEO B
CEO A is: Catherine Coley who is presumably still missing.
CEO B is: Brian Brooks (Former Head of Crypto for Trump/CEO of Bitfury)
Mr. Kustoff: (03:31:56)
Thank you, Ms. Haas. Mr. Brooks, if I could, to you, thank you also for being here. If I could, I think obviously there are people who believe that cryptocurrency is difficult, maybe even impossible to track. Can you talk about that as it relates to the blockchain? And we talk about illicit activities, alleged illicit activities, oftentimes will be investigated by federal authorities. Could you explain maybe the fallacy in that as if you were talking to our local police chiefs or local sheriffs?
Mr. Brooks: (03:32:37)
Sure. Well, thank you for the question, Mr. Kustoff. I actually do this talk at local rotary clubs and things around the country all the time. So I think I can do that pretty well. I think the easiest way to understand it is let’s contrast blockchain transactions with normal banking transactions to see how much easier it is to trace them on a blockchain than it is in a banking transaction. So let’s imagine for a moment that… I would never do this because this would be flagrantly illegal, but let’s say I bought you lunch. Okay? And let’s say that afterwards you wanted to Venmo me your payment back, right? So you hit your Venmo button on your iPhone and you sent me money. What many people don’t understand is that there’s seven or eight different steps in the Venmo transaction.
So all Venmo does is send an instruction to your bank. Your bank then receives that instruction, they write it down in their books and records, and then they then send an instruction to an underlying transfer network. It could be the automated clearing house, it could be the Fedwire system or something else. That system then contacts my bank. It inquires whether my bank has enough money to pay you. Once that’s been done, then there’s a debit from my account. It’s very complicated. And in any one of those steps, information could be lost. There could be a breach, something bad could happen.
Versus in a blockchain, there are no intermediaries. I’m not sending instructions to a third party to send instructions to another third party, to eventually send you money. I’ve sent you money. And when the block is validated, I can see that my wallet address transferred that value to your wallet address, simple as that. The easiest way for people to understand how easy this is, because we’ve had a lot of talk of hacking and cyber security issues, the reason that we found the bad guys in the Colonial Pipeline hack, was because they asked for Bitcoin. If they had asked for diamonds, if they had asked for cash, if they’d asked for almost any other thing, we’d never have caught the bad guys. We caught the bad guys because, not in spite of, because they used Bitcoin and we could tell exactly where the money went.
BR Bitcoinapolis
brbitcoinapolis@nostrplebs.com
npub1mp77...vzdd
Mostly Bitcoin Only. My stuff is TLDR on purpose so you can pick/choose what you want.
Bitcoin Store of Value first but then MoE, least friction.
Open Source is King.
Filters are not Censorship.
Bitcoin is Time (Gigi). Timechain. Ocean. Bitcoin Knots.
I am a 35 year BI Developer using a competing product of Microstrategy but now am a MSTR /Saylor supporter.
Non-Partisan.
npub1mp77smkmq77zwp3d8ke2let567cype0m3lhwx7v97gu2fans40qsn7vzdd
Second attempt: "How to get money from US Bank to a French Bank"
Situation:
Daughter over in France for DEUX (2) years. She has to setup a bank account in order to function over there, cell phones etc.
She is going to Uni (college) and she is as poor as I was at her age.
So, my wife and I are helping her out so she doesn't have to start out in the world following the lead of our US Politicians and broke ass government.
The options are terrible.
The best was to use Strike via the LN, easy right?
Nope, here is why, part of the KYC is you have to bring in an electric Bill with your name on it.
Hard to do when you are in temporary housing in a foreign country being a broke ass Visa tethered/monitored American citizen just trying to pay too much to be educated and a productive member of the world.
So, what......<me losing interest like all of you>
Justin Bechler just got me into thinking we need to find theme songs for the other Altcoins.
For ETH: Aha (Shittyfluted)
For ADA: (Beach Boys Shred)
For Trump's new coin, "Richard Cheese: Lounge Against the Machine"
Damn it feels good to be a shitposting gangsta right now:
Public Thank you Letter to Abigail Johnson
Dear Abby,
This is a thank you note, written from my heart, grateful for my financial health, thanks in part to you.
I will focus on one aspect, my "Health SAVINGS Account" (HSA)
Without planning, 2.5 years ago, I hung up my soul sucking existence with FIAT. I couldn't take it any longer, 35 years, awful.
I had the same worries, kid in college, would we have 'enough' money to make it.
Regardless, I took the leap, but one of those bullet points of worry was my HSA.
I maxed out as much as I could for so many years. The Max, I don't even recall what the amount is, but it was a worry. If I 'quit.'
I looked at where my HSA was and where it had been, making such crappy returns all those years but I had hope.
The hope was thanks to you, your being the CEO of Fidelity. I moved from some unknown HSA third party custodian who probably knew the empty-headed-finger-gun-pointing-'there he is'-CEO I worked 'for.'
Sure, you are worth Billions, thanks to your well known family history, but you are a true leader. One of the best compliments I have heard was from a former employee of yours who said when it came to Bitcoin, "it was a top down" approach. Where the CEO, (you were mentioned by name), was the one explaining the benefits of Bitcoin 'down' to your employees.
That is the difference, 99% of the other companies, nations, the employees, the company drones, are trying to get the Queen Bee's attention but it is so nice when the Queen gets it first and then educates and helps the drones get to their financial independence. Financial independence is something you have always had but obviously don't take for granted.
Selfless.
So, back to my HSA, I pulled every penny out of it this year to transfer it to your Fidelity HSA and it literally took 3 clicks and someone at Fidelity worked with me via a 'telephone.' I didn't even initiate the call, via some Comcraptic-phone-tree-into-Xfinity-Hell or dialing 15 ATT 'customer service' lines that all end up at the 'Thanks for calling ATT Adding New Products' line
The thank you is, after years of suffering FIAT Financial Abuse via banks and companies and Edward Jones, where I have worked for and paid for via their customer or empluyee services, thanks for Fidelity.
Thanks for your true leadership, as I have been able to, simply with my HSA, been able to truly SAVE for my medical insurance future into Bitcoin based products thanks to your vision without any ceiling for a maximum amount I can save per year.
Wow.
Financial Healing, best therapy ever.
Thank you Abigail.
Sign Me,
-BR
Sign Me,
-BRMine today:
Yours?

Yours?

Did someone at Primal piss off Jack? The worry I always have is often developers are busting their ass coding under duress (FIAT time pressure) and many have shitty people skills. Then they bite the hand that feeds them and the hand stops feeding them.
I worry about Open Source Development, plumbers, doctors, teachers don't work for free.
I like Primal, it has never been slow, sure it needs work but it's cooler than Twitter 1.0 already.
My uncle: "Fuckem' and feedem' rice. If they complain, take away the rice."
Over 1000 bottles of lube found in Diddy's homes, I never knew he was a Crypto Altcoiner.
“Write it down”
A few days ago a guy posted on here, “Bitcoin is going down 30% Thursday (today). Write it down.”
All people doing these claims repeatedly are exhausting.
If Bitcoin could talk, here is its official statement:
“I’m Bitcoin, not your little Bitchcoin.”
"Who is Jack Dorsey"
Ken: "Correct"
Jack made it on Jeopardy! today for $1600.
@jack
@jack@yellow is a Trucker? We need to GoFund him
Oh no.


For the record, Bitcoin Podcasters who constantly ask for listeners, even zap them, why don't you ever take the time to like or follow those listeners? Especially those who take the time to give well thought out feedback, criticism, or ideas?
It's as empty as many of your podcasts as it's about you, not Bitcoin or Bitcoiners?
The Trumps are going to have Ego on their face (once again) for scamming people with NFTs and unstable coins.
Billionaires trying to to be the face of a coin.
* Sam Altman - and his weird Orb scanner Worldcoin (down 52% since inception)
* Musk Doge Father on SNL
* Trump - TBD
Altcoins comapred to Bitcoin:
Egos and Ethos will never align.
You desperately need Marketing and Advertising and publicity for the "Art of the Steal" with Crypto.


For those in high time preference, go to the Way Back Machine to remember the beginning of the year when we thought $58K was a lot of money for Bitcoin?
Now we are annoyed?😤 🤣


Today is September 16, 2024. This is the current Dashboard everyone who logs into PayPal sees (Elon wanted to call PayPal X BTW) for the Crypto Tab.
I can't believe these are still the four options 5 years later with no changes or warnings.
Be careful out there, no one has your back except you.


I feel so dumb asking this, I thought I was paying attention with Remittance fees and Strike and the LN.
Now our daughter is in France for a long time, we need to wire her money to her new French Bank account from US Bank.
The options we have are expensive and dumb, anyone know how to do this without my having to give up the Sats I clawed to get from living in the US and depositing to various Lightning wallets?
I would like to be able to send up to $5000 with the least Friction and not trip the alarms our stupid banks have.
Our daughter is a wonderful, upstanding, college student not a criminal nor are we bad actors but we are forced to feel this way.
Thanks a lot Freedom based Les Etats Unis for all my decades of following all the rules and you put me in this box?
Zelle, Wire Transfer, PayPal, Western Union...all awful options with the incredible fees attached.
French Bank is LCL if that matters, not sure if it is best to start from French or American side.
Good God is banking broken worldwide.
Let us live in peace with the money we earned, LEGALLY.
Music request.
I really like harder rock that go ballad or are mixed with rap or heavy doing ballads.
For instance,
Post Malone and Ozzie "Take What You Want"
Five Finger Death Punch with the late DMX "This Is The Way"
....of course the ubiquitous Disturbed/Simon and Garfunkel "Sound of Silence"
Bitcoiners: "A call to Action, your voice on a Stablcoin called World Liberty Financial"
Today Donald Trump announces from Florida, his family's vision of your financial future via a Stablecoin called "World Liberty Financial."
I don't care who you are, where you live, or who you vote for in your various countries elections.
I do care about Bitcoin.
I do care about the Spam on the Base Layer of the Timechain and for Ocean's decentralized mining via various template offerings.
Many of you don't care at all and "everything is good for Bitcoin" and it is all about NGU technology?, But I am asking, not begging, you to care about this latest development.
Donald Trump, less than 2 months ago, was the Bitcoin Hero in Nashville but his latest 'crypto stunt' is a total disservice to Bitcoin. Note, Bitcoin doesn't care at all, but it is a huge disservice to the Bitcoiner heavyweights who have spent so much time trying to educate the world. Broken down why there is Bitcoin and why there is crypto and why the latter needs to be rejected at all costs.
This is the image I use:
There was a supposed "leaked white paper" on CoinDesk (I am not going to provide the link because they didn't post the document.)
But supposedly:
- It's a Stablecoin called World Liberty Financial rebranded from "The Defiant Ones" (aka a "Mr. Obnoxious" feel)
- A massive 70% premine of the ICO to the founders including Trumps Eric, Don Jr., and Barron.
- Eric and Don Jr. are given the titles of "Web3 Ambassadors" and 18 year old Barron is titled "Defi Visionary"
- Built on Aave, a platform currently on Ethereum setup by 'experts' from recently hacked Dough Financial.
- Trump wants to ensure the financial dominance of the United States Dollar
I have to stop here, waste of time writing this if Bitcoiners will not unite to reject this Stablecoin proposed by an unstable family who are clearly using politics for personal financial gain, under the guise of being a Patriot fighting for the worldwide dominance of the American Dollar.
Of all the 173 currencies worldwide, Bitcoiners have correctly deemed the US Dollar to be the "best looking horse in the glue factory."
How about focusing on the problem, one that is not fixed by Crypto, stablecoins, or Billionaires like Sam Altman (Worldcoin launched a mere 6 months ago) or Donald Trump launching today.
The solution is Bitcoin.
Bitcoin only, but you need to do the work, with your precious time and financial savings, not carelessly investing your time and your assets into something people like Trump and other Crypto influencers don't understand. Their crypto efforts are about them while Bitcoin is all about you.
This is a call to action, for your voices, all of you, but I assume you will you just be silent majority. Casually letting the Bitcoin education clock to spin backwards again for Bitcoin.
Thank God, Bitcoin doesn't care, I just felt compelled to write this for me, not you. Thank you Satoshi, no premine, no conflict of interest, for your solution to the problem.
"It's Bitcoin, not crypto....there is no second best." - Michael Saylor
Will the real Mr. Obnoxious please stand up?
@🇺🇸🇺🇸TERRENCE
There was a supposed "leaked white paper" on CoinDesk (I am not going to provide the link because they didn't post the document.)
But supposedly:
- It's a Stablecoin called World Liberty Financial rebranded from "The Defiant Ones" (aka a "Mr. Obnoxious" feel)
- A massive 70% premine of the ICO to the founders including Trumps Eric, Don Jr., and Barron.
- Eric and Don Jr. are given the titles of "Web3 Ambassadors" and 18 year old Barron is titled "Defi Visionary"
- Built on Aave, a platform currently on Ethereum setup by 'experts' from recently hacked Dough Financial.
- Trump wants to ensure the financial dominance of the United States Dollar
I have to stop here, waste of time writing this if Bitcoiners will not unite to reject this Stablecoin proposed by an unstable family who are clearly using politics for personal financial gain, under the guise of being a Patriot fighting for the worldwide dominance of the American Dollar.
Of all the 173 currencies worldwide, Bitcoiners have correctly deemed the US Dollar to be the "best looking horse in the glue factory."
How about focusing on the problem, one that is not fixed by Crypto, stablecoins, or Billionaires like Sam Altman (Worldcoin launched a mere 6 months ago) or Donald Trump launching today.
The solution is Bitcoin.
Bitcoin only, but you need to do the work, with your precious time and financial savings, not carelessly investing your time and your assets into something people like Trump and other Crypto influencers don't understand. Their crypto efforts are about them while Bitcoin is all about you.
This is a call to action, for your voices, all of you, but I assume you will you just be silent majority. Casually letting the Bitcoin education clock to spin backwards again for Bitcoin.
Thank God, Bitcoin doesn't care, I just felt compelled to write this for me, not you. Thank you Satoshi, no premine, no conflict of interest, for your solution to the problem.
"It's Bitcoin, not crypto....there is no second best." - Michael Saylor
Will the real Mr. Obnoxious please stand up?
@🇺🇸🇺🇸TERRENCETomorrow is a massively DIG day for Bitcoiners to go after the Fraudulent Orange president who has zero clue about orange Bitcoin.
Will your true colors show or will you find comfort in the warm center of the herd?