shutosha

econ

US natives think $USD is a currency - for the rest of the world it is an asset . Just like #bitcoin.

The way Microstrategy accumulates bitcoin , all central banks collect US debt - a fancier word for US Dollar. As of April 2024, the five countries that hold the most US debt are:

Japan: $1.1 trillion
China: $749.0 billion
United Kingdom: $690.2 billion
Luxembourg: $373.5 billion
Canada: $328.7 billion
Compare this global stake to 15 odd billions that #Microstrategy has in bitcoin. The way Microstrategy wants to protect bitcoin network , central banks want to protect #USD. Which means they all resist any change in capital structure. Not even bitcoin.

Thus the peaceful path for bitcoin is to become the reserve strategic asset for United States and thus for rest of the world. The other path is literally fighting governments worldwide ..

There is however one more opportunity - that is if people all around world adopt #SATs - which is why success of #nostr is so critical ! And other lightning apps - #LNCalendar , #StackerNews , #Fountain

In reality , both these things can happen simultaneously - that would be real freedom - Top down and Bottom up.

Why being reserve strategic asset is such a big deal ?

bitcoin

How Would You Rate the Current State of Bitcoin Education?

future

Excellent  - Bitcoin's mission is huge.  In a normal world ten years  would zap past just to formulate the paper and drive some consensus around it. Given that - the progress of #btc is super amazing.  The network is in place .  There are hundreds of copy cats and despite that it commands half a trillion in  market cap. No corporation has ever done this in such short span of time. 

@shutosha's bio

nostr

JiYou: A Nostr Client

Rsync25

I gave it a shot but it was painfully slow .. UI looks very modern .. will get back to it for   more

50+ PlebAI Agents Are Now Available on Any Nostr Client

BitcoinIsTheFuture

Wow  .. I liked TrumpCellMate  - what an idea for an AI .. this means AI is clearly polarizing :-)  

A Quiet Space for Loud Ideas: Focused Writing for Nostr

TheWildHustle

Very nice interface .. almost meditational :-)  Like the hot keys but wondering if I could use vim keybinding for typing  - something like with vim plugin in vscode .. 

Has anyone tried out spring browser?

adexmakai4211

Yes I did  .. A very good experience on Android.  Love the idea that I can have all my nostr apps on the home page and add more apps .. and also that I sign in automatically into apps - no need to paste my private key .. 