Nostr notes by j

Nostr event nevent1qqs2260h53l7lvrnagczhl4w3jgfepe00h0u9avusu78ppr6s2n07nczypedx07ajanv4lazpq3htrsafw29j4g5nczmnjjkqdcgc89yy8pgg8zw24j

2026-09-14T19:30:26Z

@npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 Europe now holds the MiCA license.

https://strike.me/blog/strike-europe-mica-license/

There is one interpretation. The Rainbow’s symbolism described ...

2026-09-05T05:13:07Z

In reply to nevent1q…82ug
_________________________

There is one interpretation. The Rainbow’s symbolism described in scripture is clear.

The Rainbow’s Interpretation- “I establish my covenant with ...

2026-09-05T04:34:47Z

The Rainbow’s Interpretation-

“I establish my covenant with you: Never again will all life be destroyed by the waters of a flood; never again will there be a flood to destroy the earth.” And God said, “This is the sign of the covenant I am making between me and you and every living creature with you, a covenant for all generations to come: I have set my rainbow in the clouds, and it will be the sign of the covenant between me and the earth. Whenever I bring clouds over the earth and the rainbow appears in the clouds, I will remember my covenant between me and you and all living creatures of every kind. Never again will the waters become a flood to destroy all life. Whenever the rainbow appears in the clouds, I will see it and remember the everlasting covenant between God and all living creatures of every kind on the earth.””
‭‭Genesis‬ ‭9‬:‭11‬-‭16‬ ‭NIV‬‬ https://bible.com/bible/111/gen.9.11-16.NIV

“Anyone who claims to be in the light but hates a brother or ...

2026-08-29T16:19:36Z

“Anyone who claims to be in the light but hates a brother or sister is still in the darkness. Anyone who loves their brother and sister lives in the light, and there is nothing in them to make them stumble.”
‭‭1 John‬ ‭2‬:‭9‬-‭10‬ ‭NIV‬‬
https://bible.com/bible/111/1jn.2.9-10.NIV

Yes. One has to be diligent with self custody. Not everyone can ...

2026-08-29T03:59:57Z

In reply to nevent1q…7d6a
_________________________

Yes. One has to be diligent with self custody. Not everyone can do it. Not everyone will want to do it…until forced.

I use the remote signer that @nprofile…6gvg makes available. ...

2026-08-29T03:35:27Z

In reply to nevent1q…6far
_________________________

I use the remote signer that primal (nprofile…6gvg) makes available. That should be safer correct?

Understanding a bip39 passphrase. Don’t outsmart yourself and ...

2026-08-27T20:51:57Z

Understanding a bip39 passphrase.

Don’t outsmart yourself and get locked out of your own funds!

Blockstream (nprofile…7kcr) makes understanding how pass-phrases work very simple.

https://help.blockstream.com/blockstream-jade/add-more-security-functionality/add-a-bip39-passphrase-for-jade

This means nothing to most people. In fact, I’d be willing to ...

2026-08-27T14:39:28Z

In reply to nevent1q…s4he
_________________________

This means nothing to most people. In fact, I’d be willing to bet most people don’t even understand what all that financial jargon means.

Targeting operational stability…

Strategic flexibility…

Treasury assets become unpredictable…

Volatility compresses runway…

Cut burn…

“His point was simple but important: runway matters more than upside when markets move violently. A company targeting 12 to 24 months of operational stability can quickly lose strategic flexibility if treasury assets become unpredictable. Once volatility compresses runway, management choices narrow fast: raise capital, cut burn, or find revenue immediately.”

An intellectual…that is a person who’s end product is ideas, ...

2026-08-25T14:37:07Z

An intellectual…that is a person who’s end product is ideas, pays no price for being wrong.

Whereas an engineer’s building, motor vehicle, or bridge if it fails their credibility is diminished.

Question: Why is so much validity, emphasis and outright expectancy placed on an intellectual’s ideas that are proposed as solution to society’s issues?

History shows that much of what intellectuals have proposed, particularly outside their area of expertise has failed.

“Then the dragon was enraged at the woman (the church) and went ...

2026-08-22T19:48:01Z

“Then the dragon was enraged at the woman (the church) and went off to wage war against the rest of her offspring (the end-time faithful)—those who keep God’s commands and hold fast their testimony about Jesus.”
‭‭Revelation‬ ‭12‬:‭17‬ ‭NIV‬‬
https://bible.com/bible/111/rev.12.17.NIV

“They replied, “Believe in the Lord Jesus, and you will be ...

2026-08-22T19:09:12Z

“They replied, “Believe in the Lord Jesus, and you will be saved—you and your household.””
‭‭Acts‬ ‭16‬:‭31‬ ‭NIV‬‬
https://bible.com/bible/111/act.16.31.NIV

“Blessed are those who wash their robes, that they may have the ...

2026-08-22T18:05:27Z

“Blessed are those who wash their robes, that they may have the right to the tree of life and may go through the gates into the city. Outside are the dogs, those who practice magic arts, the sexually immoral, the murderers, the idolaters and everyone who loves and practices falsehood.”
‭‭Revelation‬ ‭22‬:‭14‬-‭15‬ ‭NIV‬‬

https://bible.com/bible/111/rev.22.14-15.NIV

“Therefore no one will be declared righteous in God’s sight ...

2026-08-22T17:19:39Z

“Therefore no one will be declared righteous in God’s sight by the works of the law; rather, through the law we become conscious of our sin.”
‭‭Romans‬ ‭3‬:‭20‬ ‭NIV‬‬

https://bible.com/bible/111/rom.3.20.NIV

“Everyone who sins breaks the law; in fact, sin is ...

2026-08-22T17:18:20Z

“Everyone who sins breaks the law; in fact, sin is lawlessness.”
‭‭1 John‬ ‭3‬:‭4‬ ‭NIV‬‬

https://bible.com/bible/111/1jn.3.4.NIV

“for though the righteous fall seven times, they rise again, ...

2026-08-22T16:58:53Z

“for though the righteous fall seven times, they rise again, but the wicked stumble when calamity strikes.”
‭‭Proverbs‬ ‭24‬:‭16‬ ‭NIV‬‬

https://bible.com/bible/111/pro.24.16.NIV

At the 22:35 minute mark Thomas Sowell was asked by a reporter: ...

2026-08-21T16:56:34Z

At the 22:35 minute mark Thomas Sowell was asked by a reporter:

Do you favor a return to the gold standard?

https://youtu.be/_vMR0sTdqsw?t=1354&is=bFomtzmLf_RZRica

quoting
nevent1q…rp8q
In 1981 while appearing on the nationally syndicated news program Meet The Press, Thomas Sowell was asked the following question:

Do you favor a return to the gold standard?

https://youtu.be/_vMR0sTdqsw

In 1981 while appearing on the nationally syndicated news program ...

2026-08-21T16:53:48Z

In 1981 while appearing on the nationally syndicated news program Meet The Press, Thomas Sowell was asked the following question:

Do you favor a return to the gold standard?

https://youtu.be/_vMR0sTdqsw

Yup, and emergency services has the power to flip that switch. ...

2026-08-20T23:54:16Z

In reply to nevent1q…3gyj
_________________________

Yup, and emergency services has the power to flip that switch. Which means the government can flip that switch at will in case of an “emergency”.

Nostr event nevent1qqsttqnmff6ush79z9at7t6jzehgq8nf5576fw6ytzn4tvdd0pfm0eczypedx07ajanv4lazpq3htrsafw29j4g5nczmnjjkqdcgc89yy8pggqjzkt8

2026-08-20T23:51:30Z

Do not emanate into the penumbra.

“The NAACP has become a wholly owned subsidiary of the labor ...

2026-08-20T14:32:18Z

“The NAACP has become a wholly owned subsidiary of the labor unions”

https://youtube.com/shorts/Iu1mdRsP1qE

This is the secret of the elite’s influence… #nevent1q…jy4l

2026-08-20T02:21:38Z

This is the secret of the elite’s influence…

quoting
nevent1q…jy4l
“A crucial fact about the theories and social visions of intellectuals is that the intelligentsia pay no price for being wrong.”

Intellectuals and Race I - Dr. Thomas Sowell

“A crucial fact about the theories and social visions of ...

2026-08-20T02:20:21Z

“A crucial fact about the theories and social visions of intellectuals is that the intelligentsia pay no price for being wrong.”

Intellectuals and Race I - Dr. Thomas Sowell

I’m not a miner so I have to really dig to understand what ...

2026-08-19T02:11:18Z

In reply to nevent1q…cpw4
_________________________

I’m not a miner so I have to really dig to understand what you’re referring to. Facinatimg stuff.

I can see how v2 can be a point of contention. Who made that ...

2026-08-18T16:52:44Z

In reply to nevent1q…wjyw
_________________________

I can see how v2 can be a point of contention. Who made that decision to go with v2 implementation? It seems that creates somewhat of a conflict of interest of sorts...

"Finally, the ability of AMI to provide remote meter reading ...

2026-08-18T16:43:55Z

"Finally, the ability of AMI to provide remote meter reading and remote connect/disconnect capabilities has quantifiable environmental benefits. The Company anticipates reducing the meter reading vehicle fleet by 80% over time, saving an estimated 54,000 gallons of gasoline annually and reducing carbon dioxide emissions by 481 metric tons carbon dioxide equivalent (CO2e)."

This is a NYS initiative with current implementation in NYC.

Reference pg. 35 ADVANCED METERING INFRASTRUCTURE (“AMI”) Panel Electric/Gas

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://documents.dps.ny.gov/public/Common/ViewDoc.aspx%3FDocRefId%3D%257B181F7EC1-96FC-49DC-82BC-928378275442%257D&ved=2ahUKEwj6qc_uy6qWAxUWmIkEHVpPFBUQFnoECDIQAQ&usg=AOvVaw3PVcH3egYisCZqxZSMLqGY

Advanced Metering Infrastructure is also a national initiative. Reference provided is from the U.S. EPA (Environmental Protection Agency).

https://www.epa.gov/watersense/advanced-metering-infrastructure

Humm. Explain what stratum v2 job declaration is….

2026-08-17T07:23:04Z

In reply to nevent1q…2z4u
_________________________

Humm. Explain what stratum v2 job declaration is….

Humm interesting. Security patches eh. I’d love to learn what ...

2026-08-16T22:50:21Z

In reply to nevent1q…yhar
_________________________

Humm interesting. Security patches eh. I’d love to learn what bitcoin core developers do at a high level.

If left alone bitcoin would continue to be used “as is”…right? But you present an interesting point about developers maintaining Bitcoin core by providing security patches, and static software becoming a target.

I always think about who has the technical know how and skill levels to do these high level attacks. The cold card attacks, boltz attacks, BTC pay server attacks. It’s these same core group of developers who have the needed niche skill sets to attack bitcoin and related software tools…no?

What are your thoughts on this…?

Ahhh. Thank you for explaining. A normie like me doesn’t ...

2026-08-16T20:02:20Z

In reply to nevent1q…u53u
_________________________

Ahhh. Thank you for explaining. A normie like me doesn’t understand those fine points!

If there was a massive mempool spike the fees for mining blocks would increase significantly correct? Sats just don’t disappear. They get “stuck”. Wallets can usually bump payments along most times if you replace by fee. End users must increase their knowledge base to use these tools or wallets developers need to make the UI fit the user who may encounter the phenomena.

Again changing/forking Bitcoin core or developers “maintaining” bitcoin core seems overrated (unnecessary). But again I’m a normie and I don’t understand the full scope of what’s needed for bitcoin core to operate over time. Please excuse me.

Please chime in and provide additional context to what I belive ...

2026-08-16T19:55:28Z

Please chime in and provide additional context to what I belive is an important topic.

quoting
nevent1q…efy3
Let’s unpack this a bit more @DrDanielHodl (npub1dpr…k7g2). Let’s identify the pools. Let’s identify/define what “controlling” Bitcoin means in this context.

nevent1q…enq5

Back to BP110 if you’re still willing. How do you perceive ...

2026-08-16T19:53:51Z

In reply to nevent1q…wfgg
_________________________

Back to BP110 if you’re still willing.

How do you perceive BP110 to be a “reverse course” away from what is viewed as irrevocable Bitcoin mining centralization?

This is not “hope”. This is economic science. If we ...

2026-08-16T19:48:20Z

In reply to nevent1q…p4ym
_________________________

This is not “hope”. This is economic science. If we understand the fundamentals of economics (as most Bitcoiners do) we understand the concepts of free markets in the context of capitalism (real capitalism, not crony capitalism).

If a market becomes monopolized it’s up to market participants to innovate so that consumers have choices. This is called competition. If the market remains monopolized the participants are not working hard enough to innovate and win/break up the market share. This is not too abstract or complex for even the normie like me to understand.

If Bitcoin miners are monopolizing the industry it will either stay that way, or industry/market participants will break up the monopoly with innovation. If you know Bitcoiners like I know, there will be a ton of competition and innovation in the mining space in the near future.

What stands firm is that Bitcoin will continue to be used as global money used without permission by anyone who makes the choice to do so.

That analogy does work very well for me. I’m just not seeing ...

2026-08-16T17:26:40Z

In reply to nevent1q…jm0q
_________________________

That analogy does work very well for me. I’m just not seeing how so…

The miners control which transactions they take into the block. But if those miners start trying to be selective with who’s transactions get validated more miners will go online who don’t apply those rules. Mining will become steadily more decentralized. That industry will naturally become more decentralized as the market for mining equipment becomes more widely available at the consumer level.

This all will play out. What I’m not understanding is why does it seem that well versed Bitcoiners are “giving up” (stomping their feet on the ground and walking away) because the inevitable is happening? We all knew mining, as does any industry, will become monopolized at some point if competition doesn’t enter the market space.

Allow this all to play out naturally. Bitcoin is the greatest escape route, freedom tool humanity has ever seen! If one believes this than continue to stack sats and chill. If you have paper hands, that’s fine too, I’m ready to buy/earn your sats.

I think folks read too deeply into all of this. Earn sats, buy ...

2026-08-16T16:03:24Z

In reply to nevent1q…wfgg
_________________________

I think folks read too deeply into all of this. Earn sats, buy sats from strike or cash app, run a full node and spend sats as often as possible.

With a full node you have the choice to signal what version of bitcoin software you want to run. All that is at the discretion of the end user. This is the epitome of freedom of choice.

Isn’t this what Satoshi wanted to create? A peer to peer electronic cash. This is an option/choice the end user has to make. To use it or not. To improve on the software or not. Bitcoin is open source software. Users are free to use it, change it, or not.

The idea that bitcoin core needs developers to “maintain” it is a bit overrated. Let whomever wants to use it or change it do so.

I’m more on the non-technical side of things, which is reflected in my responses. However my perception is that many, or much of the folks using bitcoin now and probably in the future will be non-technical folks like myself who understand and value bitcoin as a freedom technology primarily. Many and probably most folks who use cars value their cars and know how to put gas in the tank. Most car users are not mechanical engineers and know little or nothing about how the motor or transmission or the suspension works. Yet car owners view their car as an important technology that adds significant value to their lives. Bitcoin is similar in that aspect.

Interesting theory…not sure if it will play out exactly like ...

2026-08-16T13:14:33Z

In reply to nevent1q…fwt5
_________________________

Interesting theory…not sure if it will play out exactly like that although I see it as a possibility.

What is the “reverse course” option you mention? What does that practically look like in your opinion?

Let’s unpack this a bit more @@npub1dpr…k7g2. Let’s ...

2026-08-15T22:39:01Z

Let’s unpack this a bit more @DrDanielHodl (npub1dpr…k7g2). Let’s identify the pools. Let’s identify/define what “controlling” Bitcoin means in this context.

quoting
nevent1q…enq5
There are 12 branches of the federal reserve, and five pools controlling Bitcoin. Our fiat is more decentralized.

“For the word of God is alive and active. Sharper than any ...

2026-08-15T17:14:53Z

“For the word of God is alive and active. Sharper than any double-edged sword, it penetrates even to dividing soul and spirit, joints and marrow; it judges the thoughts and attitudes of the heart. Nothing in all creation is hidden from God’s sight. Everything is uncovered and laid bare before the eyes of him to whom we must give account.”
‭‭Hebrews‬ ‭4‬:‭12‬-‭13‬ ‭NIV‬‬ https://bible.com/bible/111/heb.4.12-13.NIV

Nodes don’t make rules. They enforce them.

2026-08-13T17:35:21Z

In reply to nevent1q…7twm
_________________________

Nodes don’t make rules. They enforce them.

This is all complete sensationalism! Stack sats, run your own ...

2026-08-13T17:34:33Z

In reply to nevent1q…8x23
_________________________

This is all complete sensationalism!

Stack sats, run your own full node and continue look to use freedom money anywhere it’s accepted. Continue to support people who want to earn sats. Continue to save your time in bitcoin. Dollars will certainly continue to be use-less, value-less overtime. This is for sure and has been proven throughout history particularly after President Nixon ended the gold standard in1971.

Stay focused. Stack sats!

👀 #nevent1q…hk3q

2026-08-12T23:01:11Z

👀

quoting
nevent1q…hk3q
UPDATE ON THE FUTURE OF BOLTZ 📢

Over the past couple of months, AI-assisted attackers have been targeting Boltz with increasing frequency, intensity and sophistication. Several of these attacks succeeded, but because Boltz is non-custodial, user funds were never at risk. The entirety of the risk was ours, and as a result of the losses incurred, on August 3rd we made the difficult decision to suspend the service to prevent further damage.

While working on a plan to bring Boltz back over the past days, we had to accept one painful insight: as a bootstrapped five-person startup, we simply don't have the resources to withstand the current level of attacks in the long run.

Today, we are happy to announce that a group of veteran Bitcoiners came forward to help, bringing the capital and engineering power the project needs. They have agreed to take over Boltz and continue the service. Work to find and fix the vulnerabilities is already under way, with the goal of bringing swaps back as soon as possible.

As we want to give them the freedom to introduce themselves in their own time, we are not attaching any names today.

All original founders of Boltz have stepped down from the company, effective immediately. None of us will have any formal or authoritative role with the Boltz project going forward, and any future open-source participation by us is strictly on a voluntary basis.

We are grateful for the community's support all these years, for the patience and understanding of our integrators affected by the disruption of our service, and to everyone who reached out offering support over the past week.

It was a hell of a ride, and we are proud of our contributions to the Bitcoin ecosystem.

Godspeed to the new Boltz team as they navigate these perilous times. We know Boltz is in good hands.

- Kilian, Michael & Karl

🎯 #nevent1q…f6ps

2026-08-11T22:21:05Z

🎯

quoting
nevent1q…f6ps
Saying the quiet part out loud.
Saying the loud part quietly.

Thanks @npub14ad…xvet for this excellent article! What I like ...

2026-08-11T05:07:07Z

Thanks frankcorva (npub14ad…xvet) for this excellent article!

What I like most about it is the way you provide reference to current events and break them down in simple terms that the every day reader can digest easily. I also like how you respectfully push back against our elected officials' strategies while simultaneously giving insight as to why the legislative/political moves they propose will not work as they intend.

Often what they propose is a virtue signal to their base. History shows us (as you mentioned) that these strategies to centrally control markets leads to shortages. The exact opposite of what they intended to create. Basic principles of economics need to be applied. E. Warren is so far out of touch with basic principles of economics. If there was a genuine attempt by those who have legislative power to implement "hard money" economics, maybe we would see a shift.

I believe your approach/writing style is what is needed to get the powers that be to reconsider their policies. These elected officials are immune to being roasted by their political opponents. The way your writing lays out the cause and effect of their actions will hopefully resonate. This article is amazing and needs to be unpacked, and studied by more people.

We need more of this Frank. Nice job. Keep it coming brother!

quoting naddr1qv…vpkk

This article was originally published on my Substack: https://frankcorva.substack.com/p/wages-today-on-a-gold-standard

Before we dive in today, I just wanted to say thank you to everyone who has recently read, shared, or subscribed to the newsletter.

I received the following notification from Substack last week, and it made me quite happy.

(For new readers, please note that I don’t write about “crypto,” just Bitcoin.)

I very much appreciate your attention. I don’t take it for granted and I work hard to offer you thoughtful and human-crafted writing each week.

On that note, let’s dive into this week’s edition of the newsletter.

What Minimum Wage Would Look Like Today If It Were Priced in Gold

Two week’s ago, I came across the following post on X:

Source**

I found it quite intriguing and double clicked on it to learn more.

In the first comment of this post, the author explained how $64 dollars per week in July 1971, a month before the United States went off the gold standard, bought someone the approximately same amount of gold as $7,320 does as of July 2026 (when gold was priced between $4,000 and $4,100 per troy ounce).

In July 1971, $64 was a week’s take home pay for a minimum wage worker, who earned $1.60 per hour back then. At the time, a troy ounce of gold cost $35, meaning that a minimum wage earner could purchase almost two troy ounces of gold with a week’s paycheck.

As of August 2026, the federal minimum wage in the United States is $7.25 per hour, bringing weekly take home pay to $290. Currently, a troy ounce of gold costs $4,341.60. This means that it would take almost 30 weeks of work for a minimum wage employee to purchase the same two troy ounces of gold.

Let me repeat (and slightly rephrase) that:

In July 1971, one could acquire two troy ounces of gold with one week’s paycheck while earning minimum wage, while, today, it would take 30x the amount of labor to obtain the same amount of gold.

Put another way, for a minimum wage worker to be able to purchase two troy ounces of gold per week today, they would have to earn approximately $7,937.60 per week, which comes out to about $198.44 per hour.

Why does this matter?

Good question.

In the edition of this newsletter below, I broke down what inflation looks like when measured in gold, since gold has been the most reliable store of value across the last 5,000 years.

<https://frankcorva.substack.com/p/the-real-rate-of-inflation-us-dollar-gold-bitcoin>

As I wrote above, a hand-tailored toga cost approximately an ounce of gold in Ancient Rome. Today, a hand-tailored suit in New York City (NYC) costs approximately the same amount.

It’s also been said that an ounce of gold could by approximately 350 hand-made loaves of bread in Ancient Rome. This comes out to about $12 per hand-made loaf today in NYC (which is admittedly a little high as a hand-made loaf of bread at a bakery in NYC costs between $7 and $11 or so).

The point I’m trying to make is that while prices consistently rise in fiat terms (or, put another way, fiat currencies continue to give you less and less purchasing power), they stay relatively consistent when priced in gold across time.

The ones who suffer from the U.S. dollar not being pegged to gold are those of the lowest socioeconomic status among us because they often don’t have discretionary funds to put towards saving in gold or other assets that preserve wealth, and they often save whatever they can in cash.

What is more, the federal minimum wage in the U.S. has only increased at a small fraction of the rate that the price of gold has increased since 1971, meaning that minimum wage earners are earning exponentially less than they were from a purchasing power standpoint than they were in 1971.

From July 1971 until present day, the federal minimum wage in U.S. dollar terms has grown approximately 4.5x while the price of gold in U.S. dollars has gone up 124x.

Chart created by yours truly with the help of Kimi K3

Quite sad.

And it isn’t only minimum wage earners who’ve been drastically affected.

What the Median Family Income from 1971 Would Look Like Today Priced in Gold

According to the U.S. Census Bureau, in July 1971, the median family income was $10,290. And according to the U.S. Census Bureau and Federal Reserve Economic Data (FRED) the median family income in the U.S. as of 2024 is somewhere between $83,730 and $105,800.

If the median family income rose at the same rate as the price of gold, it would have been $793,800 as of 2024.

What we’ve seen is median family income grow 9.1x in U.S. dollar terms from 1971 until 2024, while the price of gold has increased 77.1x.

Chart created by yours truly with the help of Kimi K3

The Poor Are Angry — And Rightfully So

I share this because over the last 55 years, many, especially those who own few to no assets, have experienced the the decimation of the value of their time and labor.

Most people don’t fully realize this though, because they only tend to think of money in nominal terms, not in the amount of purchase power a certain amount of money gives them.

Plus, they’re told by the likes of Senator Elizabeth Warren (D-MA) that it’s just those pesky greedy corporations that are driving prices up. Sen. Warren has never once publicly mentioned anything about the damage that the U.S. Federal Reserve and U.S. Treasury has done to the fabric of American society via its money printing an debt issuance, respectively.

In fact, Sen. Warren wants there to be no limit to the amount of debt the U.S. can issue.

Source**

Truly insane.

And when things get this insane, more and more people gravitate towards other insane ideas, like lets-have-the-state-control-everything-style socialism.

Source**

For the record, I’m not against the rich paying their fair share in taxes, and I’m mostly a centrist when it comes to political views. However, I am against the state intervening in places where the market should be solving the issue.

And before I continue, I will say that I don’t blame the poor for wanting grocery stores that offer food at a 30% discount. People are hurting, and I can both sympathize and empathize with that.

I can also zoom out and view things from a systems perspective, though, and what Mamdani is now trying is a version of something that has have always ended very badly historically.

State-run grocery stores and/or price controls inevitably lead to shortages, as they artificially increase demand, while creating an economic scenario where producers and those on the supply chain aren’t earning enough to sustain their businesses.

State-run stores also hurt local businesses, which are major contributors to the tax base.

Let me try to paint this picture in the simplest terms possible.

Let’s say you own a cafe and sell coffee at $3 per cup. Then, the government comes along and says “everyone should be able to afford coffee, so we’re going to sell it at state-run cafes at $2 per cup.”

Now, more and more people go to the state-run cafes, putting the private cafes out of business and putting economic strain on the suppliers of the coffee beans and others on the supply chain for the state-run cafes. This leads to shortages, which, in turn leads to the closing of more and more cafes, which, in turn, leads to a shrinking of tax revenue.

When you mess with prices, the inevitable result is scarcity or shortages.

That said, the reason I’m personally not so quick to criticize Mamdani is because I think we live in a system of socialism for the rich where banks get bailouts and markets are controlled and propped by bureaucrats, and I think that style of socialism leads to the poor, young, and disenfranchised demanding their own style of socialism.

Source**

But I’m getting off track.

I write this edition of the newsletter because 1.) I believe the devaluation and people’s time and labor via money printing and excessive debt issuance is the primary factor that has led to the wealth divide and subsequent social unrest in the U.S. and 2.) I don’t believe the Mamdani’s approach nor the approach of D.C. bureaucrats who intervene in markets are good or sustainable approaches and that both will end in collapse.

And, the solution to these unsustainable practices, IMO, is Bitcoin.

Bitcoin, the Third Way

Some refer to bitcoin as digital gold, but it’s actually much better than that.

It’s finite supply makes it like gold in that it’s scarce, and because it’s scarce — perfectly scarce, at that — it’s a good tool for preserving value across time and space. And the more people who use it, the better of a tool for this purpose it becomes.

Bitcoin is also politically agnostic. It isn’t just for those on the political left or those on the political right — it’s for anyone.

With that said, it does fit into the agendas of both the left (e.g., it’s a great tool for financial inclusion) and the right (e.g., it enables self sovereignty and helps one “pull oneself up by the bootstraps”).

Beyond these characteristics, it’s also a money that can be sent permissionlessly from one person to another globally without an intermediary.

This gives it tremendous value and also makes it easier for businesses to pay talent anywhere in the world for their work.

I advocate for Bitcoin because I don’t believe the answers to many of the issues we’re currently facing here in the U.S. and also globally are going to come from within the system.

The system — which includes those on both the political left and right — is incentivized to perpetuate itself, and it’s currently best serving only those at the financial top of it.

And those at the top continue to benefit from it as they can continue borrowing money that continues to be debased at low rates to support their lifestyle while the numerous assets they hold continue to increase in value, mostly as a result of currency debasement.

Those who’ve been disenfranchised via fiat currency debasement are re-enfranchised on a bitcoin standard.

So long as Bitcoin remains decentralized and secure, it has the potential to offer people a more dignified life — one in which their time and labor is respected and one in which they can economize and work hard to create a better life for themselves again.

I’m going to skip the market section for this week, because this post took a bit out of me.

If you found it helpful, please feel free to send some sats over Lightning to <frank@primal.net>.

Thank you for reading, as always, and here’s to a great week ahead!

Best,

Frank

Source**

Ok we listed a few corporations in this illustration. What are ...

2026-08-09T16:30:48Z

In reply to nevent1q…e4tq
_________________________

Ok we listed a few corporations in this illustration. What are these corporations doing to manipulate bitcoin..?

Can anyone identify how the manipulation @Séimí Mac Síomón (npub1rjw…ccc9) mentions is taking place?

Folks trying to explain, figure out, improve, Bitcoin…. Just ...

2026-08-09T01:06:12Z

Folks trying to explain, figure out, improve, Bitcoin….

Just leave it alone and enjoy it.

Stack sats, stop watching/listening to all these podcasts, influencers, and “experts”.

Can you articulate who/what is manipulating Bitcoin…?

2026-08-09T00:52:34Z

In reply to nevent1q…5crd
_________________________

Can you articulate who/what is manipulating Bitcoin…?

Shabbat Shalom… “Therefore the Lord, the God of Israel, ...

2026-08-09T00:46:56Z

Shabbat Shalom…

“Therefore the Lord, the God of Israel, declares: ‘I promised that members of your family would minister before me forever.’ But now the Lord declares: ‘Far be it from me! Those who honor me I will honor, but those who despise me will be disdained.”
‭‭
1 Samuel‬ ‭2‬:‭30‬ ‭NIV‬‬
https://bible.com/bible/111/1sa.2.30.NIV

BTCPay states the following: “We have confirmed that attackers ...

2026-08-07T23:18:43Z

BTCPay states the following:

“We have confirmed that attackers exploited this vulnerability. Users were affected and funds were stolen. We are not publishing technical details yet because operators still need time to update.”

https://blog.btcpayserver.org/security-advisory-btcpay-server-2-4-2/

Long form content creator is naturally built in. I tried doing ...

2026-08-07T19:23:54Z

In reply to nevent1q…g6e7
_________________________

Long form content creator is naturally built in. I tried doing some long form journalism on primal after seeing paulinthejungle (nprofile…tt22)'s articles. They were so perfectly formatted. No matter what I tried I couldn’t duplicate it with the tools and instructional videos he did. Highlighter is cool, but I couldn’t get it to sync and look as nice as Paul’s. Yakihonne really made it fit perfectly.

I still love primal though.

Try @nprofile…x8cy you’ll like it.

2026-08-07T19:10:39Z

In reply to nevent1q…smdu
_________________________

Try YakiHonne (nprofile…x8cy) you’ll like it.

What was your biggest take away from staying in Costa Rica ? ...

2026-08-05T17:32:12Z

In reply to nevent1q…xjlx
_________________________

What was your biggest take away from staying in Costa Rica ?

#shortstories

A hostile… have a good day mate. Sorry to disturb you. Sharing ...

2026-08-04T19:32:33Z

In reply to nevent1q…837a
_________________________

A hostile… have a good day mate. Sorry to disturb you.

Sharing a bit of feedback is all… meets seemingly a non receptive ear.

#nevent1q…7ye4

2026-08-04T16:50:31Z

In reply to nevent1q…gdle
_________________________

quoting nevent1q…7ye4
⚡️🚨 ALERT - Telegram removed from the Apple App Store worldwide.

By the way, the original post does not have any context as to ...

2026-08-04T16:48:16Z

In reply to nevent1q…8d9c
_________________________

By the way, the original post does not have any context as to what the AI Grok screenshot is mentioning.

Other comments coming in from other readers of your post are saying the same thing I’ve mentioned. Telegram is still working. This supports the fact that the original post wasn’t clear.

Please be more precise in your posts. Maybe the additional ...

2026-08-04T16:41:27Z

In reply to nevent1q…8d9c
_________________________

Please be more precise in your posts.

Maybe the additional context would have helped readers understand.

Furthermore many users here on nostr are not using Twitter any longer. So your screenshot from Twitter Grok may not be helpful.

I’ve been following FLASH for entertainment for a few months. Much of what is posted has no supporting official reference. I enjoy what’s posted, but I don’t take it as anything factual. Just some feedback.

Keep the good stuff coming mate.

Humm. Maybe fact check this…it’s still active in my region.

2026-08-04T02:39:57Z

In reply to nevent1q…hca5
_________________________

Humm. Maybe fact check this…it’s still active in my region.

Good. It was a garbage application overrun with bots and ...

2026-08-04T02:38:03Z

In reply to nevent1q…hca5
_________________________

Good. It was a garbage application overrun with bots and scammers. I hope WhatsApp is next!

Been there. Didn’t spend not one U.S. cent/dollar. All sats. ...

2026-08-04T02:34:07Z

In reply to nevent1q…xl67
_________________________

Been there. Didn’t spend not one U.S. cent/dollar. All sats. Can’t wait to go again. Next time maybe for a long time. Enjoy.

Clowns on X spaces… Stop there. nuff said. Don’t ...

2026-08-04T00:51:30Z

In reply to nevent1q…klf7
_________________________

Clowns on X spaces…

Stop there. nuff said.

Don’t intentionally go where clowns reside…

That is all…

What if we could drop phone numbers and cellphone network ...

2026-08-04T00:45:11Z

What if we could drop phone numbers and cellphone network providers completely and communicate solely via voice over internet protocol or by way of nostr relays.

What would that practically look like? What industries/markets would that disrupt?

In theory I’d argue it’s a true statement.

2026-08-03T23:24:22Z

In reply to nevent1q…8uzw
_________________________

In theory I’d argue it’s a true statement.

Can someone unpack this in non technical language please. ...

2026-08-03T20:24:25Z

Can someone unpack this in non technical language please.

quoting
nevent1q…kzu5
Update: Boltz will stay disabled until further notice.

Our API remains available to process refunds cooperatively. In any case, unilateral refunds will work, as they do not depend on our infrastructure.

Our support team stays reachable.

To be clear: this is not a response to a single incident. Over the past months we have seen a steady rise in automated, AI-assisted probing of our infrastructure, and we have dealt with several exploits. Each was contained, but the pattern is clear: attackers now iterate faster than a team our size can find and patch. In the past few days alone we saw a drastic acceleration, and we do not believe this asymmetry will reverse. After reviewing the results of our own recent security scans, we cannot responsibly re-enable Boltz swaps, especially as we are being actively targeted by what appear to be multiple resourceful groups while we race to deploy fixes.

What we are seeing is a major paradigm shift for Bitcoin services operating on an open source stack, and it needs careful analysis. Do not expect swap services to resume shortly.

To be explicit: no user funds were ever at risk. Boltz is non-custodial by design. And as a fully bootstrapped company, the losses were ours alone.

We don't know yet how things will continue from here, but we'll keep you posted as soon as we have had the time to catch our breath and make a decision 🙏

nevent1q…m3s3

Could libertarianism work if government focused more closely on ...

2026-08-03T20:19:36Z

In reply to nevent1q…gmuy
_________________________

Could libertarianism work if government focused more closely on defining and protecting the private property of its citizens?

Is there anyone out here using #RUNSTR ? It’s a great concept. ...

2026-08-03T20:14:37Z

Is there anyone out here using #RUNSTR ?
It’s a great concept. I’d love to compete with some of you health and fitness enthusiasts. Let’s gooo!

https://www.runstr.club/leaderboards/

Bingo…

2026-08-03T16:50:28Z

In reply to nevent1q…fl6n
_________________________

Bingo…

Blink hands down.

2026-08-03T16:49:53Z

In reply to nevent1q…xclz
_________________________

Blink hands down.

The devil is always in the details. I personally believe Massie ...

2026-08-03T16:21:26Z

In reply to nevent1q…73yj
_________________________

The devil is always in the details.

I personally believe Massie has good intent. However the details of these legislative bills need to be unpacked to discover the real intent as to what the bill actually is attempting to regulate.

Usually the bill title is a “virtue signal” or sorts that doesn’t cover the real intentions of the full text of what the bill seeks to impose.

As always…don’t trust, verify.

INSANE…

2026-08-01T05:56:04Z

In reply to nevent1q…hfhk
_________________________

INSANE…

I needed this… thank you.

2026-08-01T05:36:49Z

In reply to nevent1q…nxll
_________________________

I needed this… thank you.

Great video! “the actual freedom of an old car in 2026.” ...

2026-07-30T14:44:36Z

Great video!

“the actual freedom of an old car in 2026.”

https://youtu.be/yU8s3gt8ebg?is=drIV7BNZN-Mjmfz5

You discussed freedom in this video in very practical ways that most people can understand. I wonder if you’ve ever been exposed to other freedom technologies, like bitcoin, that allow peer to peer exchange of value and property without permission.

You covered a lot in a short video. Great content! Stay safe.

You can reach me on nostr, another freedom technology:

j (npub1wtf…jjv2)

This was my response to this guys video.

Watch this guys old car video…

I wind up buying him a coffee here:
buymeacoffee.com/mitchelleisenbraun

I would have rather zapped him some sats but…

If he understands the freedom he talks about in his short video, he would perfectly understand the power of bitcoin. Let’s hope we see him on nostr soon…

Can RUNSTR work with Garmin Connect to pick up and log activities ...

2026-07-25T16:53:24Z

In reply to nevent1q…lrq6
_________________________

Can RUNSTR work with Garmin Connect to pick up and log activities on RUNSTR? If not, is this functionality on the way?

I’m not one to carry my phone with me when I run. It’s seems that RUNSTR only logs run activities when you’re carrying the phone with you during activities.

““When the Son of Man comes in his glory, and all the angels ...

2026-07-25T00:48:51Z

““When the Son of Man comes in his glory, and all the angels with him, he will sit on his glorious throne. All the nations will be gathered before him, and he will separate the people one from another as a shepherd separates the sheep from the goats. He will put the sheep on his right and the goats on his left. “Then the King will say to those on his right, ‘Come, you who are blessed by my Father; take your inheritance, the kingdom prepared for you since the creation of the world. For I was hungry and you gave me something to eat, I was thirsty and you gave me something to drink, I was a stranger and you invited me in, I needed clothes and you clothed me, I was sick and you looked after me, I was in prison and you came to visit me.’ “Then the righteous will answer him, ‘Lord, when did we see you hungry and feed you, or thirsty and give you something to drink? When did we see you a stranger and invite you in, or needing clothes and clothe you? When did we see you sick or in prison and go to visit you?’ “The King will reply, ‘Truly I tell you, whatever you did for one of the least of these brothers and sisters of mine, you did for me.’”
‭‭Matthew‬ ‭25‬:‭31‬-‭40‬ ‭NIV‬‬
https://bible.com/bible/111/mat.25.31-40.NIV

My Response to the Religious Liberty Commission's Report, ...

2026-07-18T20:27:42Z

My Response to the Religious Liberty Commission's Report, Issued June 2026
“I urge you to issue your own response. The deadline to submit your response is tomorrow, July 13, 2026, 5pm ET.”

-EVA J TOMPKINS, ESQ.

https://revelation1317cbdcwatch.substack.com/p/my-response-to-the-religious-liberty

#AmazingFacts 'To the law and to the testimony: if they speak ...

2026-07-11T02:59:09Z

#AmazingFacts

'To the law and to the testimony: if they speak not according to this word, it is because there is no light in them. '

Isaiah 8:20

In other words...don't trust, verify.

https://www.bible.com/bible/1/ISA.8.20.KJV

#AmazingFacts "1854 a slab of marble donated by Pope Pius IX ...

2026-07-11T02:49:02Z

#AmazingFacts

"1854 a slab of marble donated by Pope Pius IX arrived in Washington, D.C. He had it engraved “A Roma Americae,” or “From Rome to America,” as a sign of goodwill. He had sent it over to be included in the Washington Monument, which was then under construction. Many foreign governments had sent similar contributions to honor America’s first president. The Know Nothings, however, had no intention of allowing a gift from the Pope to be included in the Washington Monument. They were certain the stone was a sign of darker intentions by the Pope. So on March 9, 1854, under cover of darkness, a group of these anti-Catholics broke into the yard, stole the stone, and after damaging it with hammers they dropped it in the Potomac River. No one was ever credibly accused of the crime, despite reward offers and a public outcry. Many years later, however, after a tip, the stone was discovered… only to disappear again. But today, there is a stone from the Pope in the Washington Monument, this one was provided by Pope John Paul II in 1982."

https://americancatholichistory.org/the-popes-stone-and-the-washington-monument/

👀 #nevent1q…6guf

2026-06-28T19:08:52Z

👀

quoting
nevent1q…6guf
Has CashApp (npub1cas…dg5l) become a doo doo coin sympathizer? 💩🪙

🎯 #nevent1q…4kjz

2026-06-27T21:32:49Z

🎯

quoting
nevent1q…4kjz
Had a week away from Twitter, popped back in and its horrible, so toxic, absolute and extreme.
Without sounding dramatic, shit algorithms are sending humanity to a cliff edge, likely ww3.

Here is an interesting sale of Block stocks. I wonder what’s ...

2026-06-24T21:14:32Z

Here is an interesting sale of Block stocks. I wonder what’s going on…

https://investors.block.xyz/financials/sec-filings/sec-filings-details/default.aspx?FilingId=19559074

Wouldn’t another name for this be Bitcoin…?

2026-06-24T03:04:10Z

In reply to nevent1q…e40y
_________________________

Wouldn’t another name for this be Bitcoin…?

Yes. I still say it. Looks great.

2026-06-20T23:31:32Z

In reply to nevent1q…squm
_________________________

Yes. I still say it.

Looks great.

Wasting no time. Streamlining what’s important, and carefully ...

2026-06-18T21:00:02Z

In reply to nevent1q…cwnr
_________________________

Wasting no time. Streamlining what’s important, and carefully considering next steps with the future in mind.

I begin to wonder what society looks like when families stick together and consider the future more…? (Lower their time preference).

It’s extremely fulfilling/satisfying to focus on nothing more ...

2026-06-18T19:57:30Z

It’s extremely fulfilling/satisfying to focus on nothing more than raising my children, supporting my wife, and keeping my family together.

Knicks for the win

2026-06-14T04:54:15Z

Knicks for the win

You may have missed the whole point of this post.

2026-06-14T04:53:12Z

In reply to nevent1q…t9yt
_________________________

You may have missed the whole point of this post.

“This is what the Lord says: “Heaven is my throne, and the ...

2026-06-13T17:08:29Z

“This is what the Lord says: “Heaven is my throne, and the earth is my footstool. Where is the house you will build for me? Where will my resting place be? Has not my hand made all these things, and so they came into being?” declares the Lord. “These are the ones I look on with favor: those who are humble and contrite in spirit, and who tremble at my word.”
‭‭Isaiah‬ ‭66‬:‭1‬-‭2‬ ‭NIV‬‬

https://bible.com/bible/111/isa.66.1-2.NIV

Everyone has to renew the same way.

2026-06-01T19:17:35Z

In reply to nevent1q…m69p
_________________________

Everyone has to renew the same way.

People will not stop using Facebook and Instagram until folks ...

2026-05-31T16:00:04Z

In reply to nevent1q…m9dk
_________________________

People will not stop using Facebook and Instagram until folks that are hired to maintain these sites up-charge a premium that company administrators are not willing to pay.

These folks are legally licensed. Nothing can be done. I’ve ...

2026-05-30T22:36:50Z

In reply to nevent1q…g3sd
_________________________

These folks are legally licensed. Nothing can be done. I’ve seen folks run over and killed in parking lots.

Happens all the time. Older folks operating motor vehicles and ...

2026-05-30T22:25:41Z

In reply to nevent1q…n4cv
_________________________

Happens all the time. Older folks operating motor vehicles and doing damage.

Do a bit more research on Mr. Jefferson. He kind of spoke out two ...

2026-05-29T20:27:24Z

In reply to nevent1q…sc07
_________________________

Do a bit more research on Mr. Jefferson.

He kind of spoke out two sides of his neck, if you know what I mean…

Nostr event nevent1qqspm3fx9k7ma3j8tm2shf9acr8yz77kcphjd7c8zhqd29yluhplazszypedx07ajanv4lazpq3htrsafw29j4g5nczmnjjkqdcgc89yy8pggp3kaf5

2026-05-29T00:31:08Z

Faith - Time - Health - Family

Nostr event nevent1qqsz9y6de6raa5hjmcywama258vumzmwuj40qytac6zl45d4vk08kcgzypedx07ajanv4lazpq3htrsafw29j4g5nczmnjjkqdcgc89yy8pggd9rvtv

2026-05-29T00:29:38Z

Be a normie…you’ll enjoy tech a lot better this way.

Prove it…

2026-05-28T16:27:49Z

In reply to nevent1q…k806
_________________________

Prove it…

This is true. #nevent1q…jpgm

2026-05-27T02:22:14Z

This is true.

quoting
nevent1q…jpgm
It has been said:

“If you don’t pay for it, you won’t value it.”

Time is payment.
Effort is payment.
Attention is payment.

What costs you little, you hold lightly.

What costs you deeply, you hold dearly.

#IKITAO

Listen to this and maybe you will grow… #nevent1q…vv33

2026-05-22T05:51:18Z

Listen to this and maybe you will grow…

quoting
nevent1q…vv33
"You wouldn't zap a car crash."

“On Nostr, your identity is your public key. It isn't ...

2026-05-22T05:29:22Z

“On Nostr, your identity is your public key. It isn't stored on any single server. It cannot be deactivated. No company issued it to you, so no company can revoke it. Relays the servers that carry your messages can choose not to host your content, but your identity persists. Your followers can still find you, because they're following a mathematical fingerprint, not a username on a leased account."Your private key is the only proof of ownership that matters. Not a password reset email. Not a phone number. Just the key."

@YakiHonne (npub1yzv…rf8q)

Inspiration! #nevent1q…sff7

2026-05-15T22:51:47Z

Inspiration!

quoting
nevent1q…sff7
Hummingbird: The Bitcoin Jungle Story

May 15th on indeehub (npub1ah5…l8pw)

If you’re not using @npub1uq7…u0c2, nostr, nymchat, or ...

2026-05-15T20:06:00Z

If you’re not using Fedi (npub1uq7…u0c2), nostr, nymchat, or bitchat as an option/alternative to be sovereign, protect your identity and live free, I’m not sure you get what’s going on yet.

I am free! I move my money when I want, where I want. Nothing can ...

2026-05-13T02:31:30Z

I am free!

I move my money when I want, where I want. Nothing can stop me.

I love Nymchat and bitchat! They are both excellent. Nymchat ...

2026-05-05T02:58:28Z

In reply to nevent1q…t3ez
_________________________

I love Nymchat and bitchat! They are both excellent. Nymchat being a bit more feature rich at this point.

Fedi (npub1uq7…u0c2) takes the cake however.

The Sedition Act of 1798 ...

2026-05-02T15:28:06Z

The Sedition Act of 1798

https://history.house.gov/Historical-Highlights/1700s/The-Sedition-Act-of-1798/

Just because they claim to be a “bitcoiner” doesn’t mean ...

2026-04-23T03:07:35Z

Just because they claim to be a “bitcoiner” doesn’t mean they’re trustworthy or honest.

Only Jesus can truly transform someone.

#wwjd