KaMeek Lucas Taitt's avatar
KaMeek Lucas Taitt
kameek@primal.net
npub1lw99...mrcg
Currently Co-Producing the action thriller EMPIRE CITY starring Gerard Butler & Haley Atwell. Passionate about #bitcoin & financial independence. โˆž / 21 million
Sent in my concerns to Lummis regarding the Stablecoin verbiage in #bitcoin act bill. Dear Senator Lummis, I appreciate the effort to strengthen Bitcoin and its adoption in the United States through the BITCOIN Act. However, I have some concerns regarding the language on algorithmic payment stablecoins. The current provision restricting algorithmic payment stablecoins backed only by US Treasuries could inadvertently create artificial demand for these securities while also concentrating power in the hands of private entities like #Tether. This raises privacy and sovereignty concerns, as it can enable surveillance capabilities similar to Central Bank Digital Currencies (CBDCs). I kindly request that you consider removing or revising this line item to allow stablecoins backed by Bitcoin held in the US Treasury. This approach would foster innovation, drive business growth, and promote a more decentralized financial ecosystem. Thank you for your attention to these concerns, and I look forward to seeing the BITCOIN Act progress.
the blockclock from @Coinkite (old npup) / @DETERMINISTIC OPTIMISM ๐ŸŒž might be the most calming and noise reducing piece of #bitcoin hardware ever made. ๐Ÿ™Œ๐Ÿพ ๐Ÿซก Everytime the display changes, it just re-enforces tick tock, next block. Everything else is just noise. I have no clue what the price of bitcoin is and it makes me feel great when the block height changes. All that matters is it continues to be a black hole and absorb the world's wealth. tick tock
Took my small son to recycle some water bottles. Showed him how we get fiat back and then we took it to the bank and deposited it. We then discussed how we turn that money into #bitcoin immediately! ๐Ÿ™Œ๐Ÿพ
I read this incredibly worrying passage from a book recently: "The Human Rights Foundation reports that 54% of the world's population lives under authoritarian rule, with over half of the global population grappling with insecure property rights, limited freedoms of speech, and weak rule of law. In such environments, people's financial lives are vulnerable to government interference, surveillance, and confiscation. Most of the world could have their transactions monitored or censored, their savings in bank accounts seized, and the funds being sent to them from abroad stolen by their government. Often just the suspicion of dissent against an authoritarian regime is enough to have a personโ€™s financial life wiped out with no due process or recourse." bitcoin offers a beacon of hope and a means of liberation for these individuals. Let me explain.
We have a movie pitch at Sony in 2 weeks. Itโ€™s always a little nerve wracking but I work on remembering just taking things one day at a time.
When you need a haircut in #losangeles from an amazing beautification that also accepts #bitcoin over lightning, go see @DreadGodz Welcome to #nostr Sasha!
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