Something is fundamentally wrong with Bitcoin. Paper Bitcoin is clearly rampant. Lesser exchanges will fail before Coinbase, because they’re “off-shore” or unimportant or whatever. The first hit is coming, though, and I feel it’s soon, but it’s coming. Bitcoin needs to right it’s wrongs by revealing why Self-Custody was built into the protocol. So Self-Custody now, or go down crying. Because imo the retards are very near the high-water mark, and about to drown.

It’s inarguable anymore that there is clearly too much paper Bitcoin on Wall St. If you accept this, then the next argument is that Bitcoin is going to bring some of these firms down. A “next level” version of Mt Gox -> FTX, et al. Likely starting with something smaller than Coinbase. Maybe Kucoin? But Coinbase will likely be the Gov’t bailout high-water mark, and the Grand Discovery for the “treasury companies”. If so, this will implode virtually all non-Bitcoin crypto-exchanges, shitcoins will go to zero, and Bitcoin will plummet to shocking levels. For a medium-term time. $100,000 may be years away still. I may be wrong, I may be Cassandra, regardless: Self-Custody Your Goddamn Bitcoin!!! And if you’re living off it, you may want to hodl some Fiat.

Ebay is just drug trade/money laundering anymore.

Mark these words: Hollywood will be replaced by AI because their fiat incentives don’t recognize or crowd-source authentic talent. Hollywood is pay-for-play, and we all hate it. AI will be cool for a short while, but replaced by TV Series’ and Local Theatre again!. Performing Artists of the world: we’re coming full-circle in the next several years. People are going to yearn for live theatre again in a few years, and not just the pablum musicals. Real theatre (but not Shakespeare, because nobody likes Shakespeare).

Lightning network has so seamlessly integrated into my life I don’t even think about it anymore. Every On-Chain transaction I pause and think. Lightning, always works. Better through-put than Visa. View quoted note →

Vitalik Buterin just followed me on TwitX. I mean I’m totally comfortable knowing I’m not prolific or brilliant or persuasive. Yet it’s his OG account. It kinda creeps me out, ngl.

Anybody know how long Knots needs to download a blockchain? Because for me it’s looking like months. Have I done something wrong? It’s chugging along, but almost no peers. Like 2 or 3 at any time.

I want to put this out while I’m thinking of it: @BTC Sessions is rolling out a channel promoting sovereign tech use, which is a direction I personally will support. Also, I’ve been involved in a a project with a number of high-school age kids, and what strikes me was how almost all of them have gmail accounts. This leads me to believe these teens have no idea about NOT giving their identity over to provably parasitic corporations. So in this light: I wonder if there is someone in the Bitcoin space who would like to maybe work with, and support, @BTC Sessions as a side initiative to create education for young people on the importance of Self-Sovereignty? The early vanguard has a responsibility to teach the young.

It’s becoming clear to me that Self-Custody is immutable from Bitcoin. And yet fiat organizations and systems cannot accept Self-Custody. Therefore, inevitably, this is where either the next - or perhaps the next after the next - Bitcoin meltdown occurs. Denying (willfully or not) what is structurally inseparable from Bitcoin will end in never having owned Bitcoin in the first place. Again, inevitably.

We’ve not yet experienced a financial market halt/closure while Bitcoin was a significant asset in the fiat system. 2020 doesn’t count, but is likely our 1st data point. What happens when Gov’t wants to shut-down the “animal spirits” of the “free markets”, but traders gotta trade?

I don’t care if Ebola or Smallpox is the next big Pandemic. I’m maxing my credit card to fly 1st Class to dine at every Michelin restaurant I’ve ever dreamed of sneezing in. Y’all all are going down with me.

fuck your flex if you don’t self-custody, take a seat at the children’s table bitcoin was created for self-custody

Has Dubai(TM) been branded yet, because I feel like it’s being sold to me everywhere I look. Maybe has a NASDAQ symbol or sumpthin’…

IYKYK the ORIGINAL 3D Chess that no fucking candy-ass “chess master” dares to play.

“A Narcissist does not want love. Love requires empathy, reciprocity, and accountability. What they want is control, validation, and reassurance without responsibility.” This statement explains all of Politics today. Explains all of what Bitcoin was created to undermine. Fuck the fuck off for the shitcoiners and the half-ass coders and podcasters. If you aren’t all-in Cypherpunk, you don’t understand the battle. You’re a 3rd Worlder. (look it up).

The central issue with Bitcoin right now is Wall St (tm) adoption has decimated the narrative of Self-Custody. Micro Strategy can’t self-custody because the risk is too great. So they off-set that risk onto Coinbase, with assurance Coinbase can counter the risk. But Coinbase has to off-set that risk with some set of agencies leading up to the Federal Reserve. But the Fed, currently, has no intention of backing Micro Strategy on losses. All roads lead to “not your keys, not your cheese”.

🛢️ 🛢️ 🛢️ WTI Crude Oil, which is so, so very sweet, is currently trading at 122,113 sats/barrel. 🛢️ 🛢️ 🛢️

Love IS Attention. Attention is what we give to what matters. And withhold from what doesn’t.

I was a bartender for a few years, and can attest that this is simple knowledge everyone should know:

AI is going to usher a revolution for TV/Cinema. But more importantly, a New Elegance in live Theatre, the world over. Corporate musicals are done. Serious playwrights, gird thy loins. Your time is nigh.