iamjerry/all \ stacker news

@iamjerry1

16,287 sats stacked

stacking since: #111012longest cowboy streak: 3

0 sats \ 0 replies \ @iamjerry 19h \ on: One of the greatest things I have learned about Bitcoin so far bitcoin

Wherever they are in the world regardless of their financial resources or location, people can employ Bitcoin so long as they can access the internet. This situation establishes a just competition and provides access to financial options for persons in countries experiencing unstable currencies or lacking banking services. Transactions conducted with Bitcoin ensure a combination of openness and the ability to resist censorship, allowing people to send and receive funds free from outside interference.

I live in Nigeria, and this has been my reality.

The operation of Bitcoin functions as a global currency, absent the support of any one nation or agency. This kind of capability allows people to protect their assets securely, uninfluenced by chaos in the national political or economic atmosphere. The protection from inflation with the 21 million coin cap helps users preserve the value of their assets.

Sometimes in May last year, for the first time in my life, I bought some fifty thousand naira (₦50, 000) worth of bitcoin (about 2.24187 mBTC) and forgot about it (but didn't forget/lose my private keys). So, I decide to check it yesterday 27/09/2024. I made conversions to both dollars and naira. (It's now about ₦300, 000). Damn it! What more can I say? And, in fact, in Nigeria, it isn't inflation anymore, neither is it hyperinflation. In economics term, we don't even know what we are experiencing, but for sure it is absolute pain and suffering. So, yes bitcoin is a financial miracle for people like me living in developing, authoritarian countries. (Note: I didn't cash out my bitcoin savings, and I don't intend to. No form of money is superior than bitcoin. I was never a shitcoiner, and never will I ever be.)

Essentially, Bitcoin facilitates autonomy in financial matters, shields people from the impact of centralized entities, and lets them manage their financial future.

Yea, sure. Diving deep into the bitcoin rabbit hole gave me the feel of being financially ahead and superior of the Nigerian government and central bankers. Before I encountered bitcoin, I used to be very depressed, not knowing where my life is headed. Now, I'm alive, and so grateful for life. Not that things are automatically easy for me in every way, but that bitcoin revived the dormant hope in me.

Thank you for sharing .

0 sats \ 0 replies \ @iamjerry 20h \ on: AI Beats ReCAPTCHA Design

However, as AI capabilities evolve, the cat-and-mouse game between security experts and malicious actors is likely to continue, necessitating ongoing innovation in bot detection strategies.

So with this, how better are we now than before?

10 sats \ 0 replies \ @iamjerry 20h \ on: Zuck Reveals "Orion" Prototype AR Glasses, and other Meta stuff tech

Rubish. He's so good at desensitizing human beings into out of touch with reality.

22 sats \ 1 reply \ @iamjerry 20h \ on: Americans Have Learned Nothing Since 9/11 | The Libertarian Institute Politics_And_Law

Yes, this is totally agreed. And, it's such a shame that most North American citizens are so glued, and yet so disconnected from their own government. No wonder the U.S. is politcally divided. While their politicians and government agents are busy commiting atrocities abroad, Hollywood is aslo busy brainwashing the citizens.

0 sats \ 0 replies \ @iamjerry 26 Sep \ on: Uniting for Internet Freedom: Tor Project & Tails Join Forces | Tor Project tech

This is awesome.

The Vampire Fiat Money System: How It Works and What It Means for Your Wealth mises.org/mises-wire/vampire-fiat-money-system-how-it-works-and-what-it-means-your-wealth

116 sats \ 1 comment \ @iamjerry 26 Sep BooksAndArticles

0 sats \ 0 replies \ @iamjerry 26 Sep \ on: China's Economic Gambit: Stimulus Overload Signals Deeper Troubles econ

This fiat game will continue as long as the very citizens are ok with stimulus packages. Fiat is a game, both the leaders and citizens enjoy playing. That's why governments' shenanigan is always on the news so that the citizens can complain and also suffer the pain but once the government dish out packages, the people forget their suffering, and the cycle continues.

0 sats \ 0 replies \ @iamjerry 25 Sep \ parent \ on: Nostr content moderation? nostr

Well, good luck with using the centralized platforms.

0 sats \ 0 replies \ @iamjerry OP 25 Sep \ parent \ on: Cometh The Hour alter_native

Agreed.

10 sats \ 5 replies \ @iamjerry 25 Sep \ parent \ on: Nostr content moderation? nostr

Hard luck for whatever you saw on Nostr. But the last time I checked, Nostr was a decentralized system. What do you need by "it needs moderation"?

0 sats \ 2 replies \ @iamjerry OP 25 Sep \ parent \ on: Cometh The Hour alter_native

It's all self-interest. And, I think it will be great to have these entities run the nuclear power plants. As long as they won't be in charge of our money, we permit them to monopolize the nuclear industry.

Cometh The Hour open.substack.com/pub/doomberg/p/cometh-the-hour?utm_source=share&utm_medium=android&r=1w7cq9

94 sats \ 5 comments \ @iamjerry 25 Sep alter_native

21 sats \ 0 replies \ @iamjerry 25 Sep \ parent \ on: Value of Layer 2: September 2024 Update bitcoin

Awesome. Thank you.

0 sats \ 0 replies \ @iamjerry 25 Sep \ parent \ on: How much do you trust the news? conspiracy

0 sats \ 2 replies \ @iamjerry 25 Sep \ on: Value of Layer 2: September 2024 Update bitcoin

Nice work.

If lightning is important, do you think its capacity can be increased and improved? If yes, how?

20 sats \ 0 replies \ @iamjerry OP 25 Sep \ parent \ on: All gods are real... we've just forgotten. alter_native

Indeed.

All gods are real... we've just forgotten.open.substack.com/pub/defeatinggiants/p/all-gods-are-real-weve-just-forgotten?utm_source=share&utm_medium=android&r=1w7cq9

63 sats \ 2 comments \ @iamjerry 25 Sep alter_native

0 sats \ 0 replies \ @iamjerry 25 Sep \ on: Committing to Rust in the Kernel tech

Great article. There's beginning to be a massive shift amongst Linux kernel maintainers and contributors towards Rust for the last 10 or so years. Rust is becoming popular over time; while most of the old guards are retiring with their C/C++, the new generation guards will take over with Rust proficiencies.

What Broke Libertarianism?brownstone.org/articles/what-broke-libertarianism/

85 sats \ 0 comments \ @iamjerry 24 Sep BooksAndArticles

47 sats \ 1 reply \ @iamjerry 24 Sep \ on: Digital Euro Nears Launch as ECB Enters Final Preparation Phase news

Governments all over the world, supply products that the market will never demand (e.g., CBDC), then use force to pressure citizens into adopting and using their undemanded products. Unfortunately, most citizens comply.

0 sats \ 2 replies \ @iamjerry 24 Sep \ on: How much do you trust the news? conspiracy

I don't trust the MSM. I listen to podcasts.