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I started listening today to @TheCryptoconomy podcast ( reading of Iterative Capital's “Thesis” paper ( and highly recommend it.. great history and background of crypto and analyzed in a way I haven’t heard before, as a long time tech minion their conclusions really resonated

Sounds like an interesting topic for the next SoHo forum:

"Governments of the advanced industrial economies should phase out the use of paper money in the form of large-denomination notes and sharply restrict the use of cryptocurrencies."

Wish I was in NY so I could attend:

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“Goebbels was in favor of free speech for views he liked. So was Stalin. If you’re really in favor of free speech, then you’re in favor of freedom of speech for precisely the views you despise. Otherwise, you’re not in favor of free speech.”― Noam Chomsky I agree fully with this statement.
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Really good intro to Bitcoin Edward Snowden wrote for his lawyer.

What strikes me is his enthusiasm for the technology.

“Bitcoin Data Science (Pt. 2): The Geology of Lost Coins” by Dhruv Bansal

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only 0.04 transacted on LBC, but this new top entry is AOA at a price premium of $18324.00 USD equiv. Coincident with the recent 400k Congolese expulsion in Angola?

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@nic seems like a good time to prototype solution in more overtly totalitarian countries like China, Venezuela, etc. so we're ready.

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Shower thought: Only people that receive payments should run full nodes. People who run LN relay nodes receive payments. The best way to run a LN node is on a stand-alone RPi system that also has a fullnode. Ergo more people running LN nodes increases the number of economically interested full nodes.

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USD monetary based has quadrupled twice...

1974 - 2008
2008 - 2015

Worst part is most don't realize the criminality in our government allowed the second quadrupling. QE is but a mask.

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Top 20 LocalBitcoins last 24hr
RUB 340.721075
USD 210.499915
VES 201.660551
NGN 117.303766
CNY 114.062366
COP 102.701272
GBP 85.092851
EUR 38.939281
ZAR 25.834279
AUD 24.245160

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@PaulTroon That's awesome. I'd like to plot this all on a map soon with more data to visualize over time.

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@christinabahk Thank you! this is such interesting data.

I did a quick and dirty analysis of this data looking at ratios against GDP and population.

I would say the GDP ratio identifies countries most economically motivated by BTC and the population ratio is more about overall popularity and interest.

"The best weapon of a dictatorship is secrecy, but the best weapon of a democracy should be the weapon of openness." -- Niels Bohr

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"Did you kill me because I am evil?" the man asked.
"You are not evil," said the unicorn."Oh. Good."
"Nobody is evil. Nobody is good." The unicorn shook the blood off its horn. "It is not being, it is doing. You? You chose to do evil."
#MicroFiction #TootFic #SmallStories

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Bitcoin Mastodon

A mastodon instance for Bitcoin Maximalists.
No scams, no shitcoin, no impersonation, no begging, and no illegal content.
Keep it civil and we should all survive :)