FranciscoDAnconia
Francisco d Anconia
Catholic, husband, soon father of five, bitcoiner. Central banking is evil. Currency debasement is wrong. Bitcoin is a moral imperative.
Public Key
npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k Profile Code
nprofile1qqsx59l30ml9xfk4nmwywq9qr7t8lg4qxj4zchj89sly02uxa0at49cpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsef9nxa
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Published at
2026-07-13T22:41:30+02:00 Event JSON
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Last Notes npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Sorry does that mean that you wouldn’t recommend self custody or HWW anymore? Would what seems to be an inside job through the whole thesis of self custody away? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia You are such a brave person. Your wife is lucky to have you. As are your children. In the Bitcoin world, you have helped many. But, as you say in your essay, in the end it’s only love that counts. And love happens IRL, not over relays You sure have a great mind, too, as your father probably did. How you see that meaning and suffering are intertwined, and yet say that without having faith, tells me you must be very close to Him, as you are grasping the Truth. There’s no love without suffering. I wish for you that at some point you realize that He was, is, and will be beside you. Even inside you, if you let Him. It’s such an enrichment for one’s life. Mind alone can be cold and cruel, even more so a good one, as yours. It’s like suddenly living life in 3D, after having lived your whole life in 2D. Please continue what you do. Love. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Well to be fair the indice’s performance and your specific performance can look way different than this picture Maybe your Bitcoin stack indeed outgrew your gold one :) npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Regarding entropy: I wasn’t able to find a clear answer to how to calculate the entropy of a complex passphrase, which does not contain words in English language, but rather words in other languages / invented words and combinations of numbers and symbols But I’m guessing theoretically the entropy of such a passphrase would anyhow be larger than the entropy of a 3-6 list of BIP-39 words? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia That tells me that P2P trading (in this case just moving UTXOs) has zero effect on price npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Is that really the solution to facilitate the masses the control over their own savings? Today was not the best day, but I’m feeling a growing disconnect since the last couple of years First everyone wet the blankets with the ETFs Then they cheerleadered trump, as if he was a kind of savior Then Core Now apparently AI will keep finding vulnerabilities and people will keep losing their life savings. And this are people who are using bloody cryptography to store it. Like FR. Why haven’t commercial banks been hacked? Shouldn’t bank accounts and passwords not be way easier to hack than seed phrases? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia It does help, thank you, but im thinking of setting up something that combines words, numbers, characters, etc npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Recommendations / do’s and don’ts / how to assess entropy of passphrases? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia When I did my research trying to upgrade my setup I remember every single influencer telling Coldcard was the best and safest one, industry standard. I don’t even remember what led me to pick Bitbox02 instead, but that luck event might have saved my family’s wealth. Crazy to think about it npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia How do we know there will be no such vulnerabilities found in other wallets? I bet 90% of people use single sig. We’re fucked npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia What does “secure their funds first” even mean today? Would moving funds to a new wallet with a passphrase in it be enough? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia LOL are you kidding me that the Tagesschau has a Nostr account? Or is this just a bot reposting from twitter? And yes. As a Spaniard I’m neither surprised nor amused. It has been this way for decades, Moroccos police and border control are absolutely corrupt and have never done anything. And for some inexplicable reason Spain’s government has never pressured Morocco enough to do anything. I remember years ago, prior to the first wave of migrants and asylum seekers came to Germany and other places in Europe, I was enjoying summer vacation in the south of Spain and a patera came in to the beach I usually go to and around 30 men started running upwards, through the golf courses to the streets. It was nothing new (only new in just that area). No social media back then to make it go viral. Hopefully now that Europe also sees it, it creates additional pressure npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia No, I mean on top of a randomly generated private key on the device. I trust that software more than a commercial dice npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Strong passphrase on top should do? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Covid was the turning point for me. It has arguably been one of the three events in my life that has shaped me more In hindsight, I admit I was not strong enough for too long, but that was part of my own journey and hope I would act differently in the future npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia For what I’ve always read, real node count is impossible to get, and apparently it should be somewhere in the 15k to 100k range But 💯 I agree with your sentiment. It should be orders of magnitude higher Using a wallet with someone else’s node is more like getting a cab driver drive you, while running your own node is actually owning your own vehicle and being free to drive npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I believe he must have gone crazy in the last couple of years, or he has sold his soul to the devil himself. At the very, very beginning, he got it: Hard money. Separation from a central issuer, who you anyhow cannot trust. Nobody can take your savings away from you. Etc. Now he’s calling for centralization and integration with the current system. Either he secretly wants Strategy to become the central bank of the new economy, by which he would be at the center of the money spigot, or he just got threatened and now works for the US Government npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Where is this listed? Two same tickers? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I didn’t say I fully agree with BIP 110. I also don’t like temporary solutions But IMO it’s a signal and a step in the right direction. Or at least a better direction than the one Core proposes. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia AFAIK Saylor never talked about Bitcoin as money. He always did it as asset. That made sense for him, because he was “backing” his stock with BTC the asset and needed many to follow that narrative. Until he started issuing credit to buy more bitcoin. Then he stopped talking about bitcoin the asset, and started talking about bitcoin as digital capital. Either way, for him the important thing is that he controls others’ bitcoin. In other words, he wants to centralize as much of it to become a sort of bank, or even a central bank (of the “crypto economy”) BIP 110 represents again a grassroots movement that encourages people to enforce their own rules in the mempool, to run their own nodes, to reject the type of transactions that harm long-term decentralization of bitcoin. In other words, to be self-sovereign. This self-sovereignty is of no use to Saylor, so he opposes it. That’s my pleb’s take. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Nah, I think Saylor is just being disingenuous. He just needs retail to buy his stock, because otherwise his house of cards falls. If he wanted Bitcoin to be “digital capital”, “the apex collateral” or whatever metaphor or hyperbole he wants to use, then having bitcoin‘s code allowing file storage, should be something he’d be against. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Saylor used to lobby for Bitcoin’s ossification and hardening of the rules, so that it’s difficult to change. “Do just one thing, but do it right” was the quote, or something like that That Saylor would have favored BIP 110. Todays Saylor is a threat Having said that, BIP 110 is no solution, but rather a step in the right direction, and the fact that it only lasts one year means the divide will continue to grow npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I also remember when Saylor was in favor of hardening the rules of Bitcoin, “make one thing right”, but now BIP110 seems like a threat npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia That God might exist does not seem to be a possibility? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia The anger / disappointment I feel about publicly known bitcoiners who have gone the route of trying to build “Bitcoin treasuries”, which from the beginning were this monstrosity you get when trying to mix Bitcoin’s fixed supply with the Cantillion effect is just the external manifestation of my own misalignment, still working for a fiat enterprise that I know would not exist in its current form under a hard money standard. You probably did the right thing, mate. Don’t give a damn about people on the internet npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Imagine how it would have been, should you had not encountered bitcoin on the first place. Let’s hope bitcoin does not stay much longer in these price ranges, though npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Fixing money is for me the most important thing I have trouble hedging that with other investments that profit from the cantillion effect. But yeah, the current state of affairs in bitcoin does invite to look into other options… npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia It blows my mind that “savings that cannot be confiscated and which you can use without anyone’s permission for anything you want” is not a use case people in the West seem to value. It’s not about NGU. It about not being debanked. Not being asked questions. Not paying management fees. Being able to move around. Etcetera Alone because of that, this thing should be millions a coin, considering 100% of the world live either under authoritarianism or extracting, western “liberal democracies” Either I’m stupid and missing the obvious, or too intelligent and people will only realize this in several decades. Both scenarios are frustrating npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Para mi pesar, tenemos adn árabe en nuestro pool. Negro sería mejor, al menos su constitución física y densidad ósea es fantástica 😂 npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Mate I think that’s just human nature and what the incentives of our current system create. I’m from Spain and I can totally relate to that npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Gracias!! Muy buena mejora npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia In my own experience Catholicsm, family, having more kids than society would feel “rational”, and Bitcoin feel like a very natural symbiosis. Faith, having kids, and Bitcoin are expressions of low time preference, as well as of deep, underlying optimism in the future. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Is it safe to assume that those friends of yours do maintain now some fiat status (board member or advisor to Bitcoin treasury companies, expensive lifestyles, celebrities, etc) and in reality don’t care any longer for the separation of money and state, and improving the future for humanity? If that is so, they are Saruman. Intelligent but unwise. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Great news to see this guy acknowledging OS models getting very good. Bullish! npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia But until then, I’m sticking with the option that further facilitates decentralization and monetary use of the blockchain npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia If that’s the case, then we’re screwed, because there’s no other option npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia That speed is interestingly part of Aldi’s business model. They handle a stock of less than 1.000 different items, while other grocery stores sell over 10.000 different things They use to train the cashiers to know the 3-digit code of every item by heart, so that blindly typing three numbers with one hand is even quicker than putting the item into the right position and scanning it npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia You might be right, I’ve never followed Bitcoin treasury companies. But there 100% was one saying they would do some hybrid between accumulating bitcoin and buying/operating bitcoin-adjacent, profitable businesses. Could be XXI or Naka, I don’t remember (and I don’t care) Honestly, Strike seems to be a very well run business. I truly think Mallers is better intended than Saylor or Bailey. Let’s see who survives this bear market 🍿🍿 npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia At least that is just common stock and the company was supposed to have some operating activities other than just accumulating bitcoin? Or can the stock be categorized as shitcoin, the same as strc? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia The US Government is such a joke. I feel so bad for Americans. But then again, I remember I come from a supposedly first-world country, where the PM’s wife is being prosecuted for corruption (the same as his brother, ex ministers, and a former PM), and I shut up 😂 npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I’m not sure. A childhood friend of my wife has a shitty life (at least in her eyes, so this is what she projects to the outside world), a shitty marriage, and is constantly complaining. Very difficult person to be around. Both she and her husband are objectively immature, and IMO should not have married in the first place (or at least not so early) Now the two with diagnosed depression. Unsure how “deep”. Their three kids suffer the most. Poor things. Even starting to show early signs of underdevelopment. She affects my wife and my kids negatively, to some extent. Her kids do the same to my kids, to a lesser extent. Part of me wants to tell my wife to tell her friend to get her sh*t in order, and come back when she’s done. Another part of me thinks that’s precisely what friends are for, and I suffer for those three kids. I focus on being present for my family. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I don’t use exchanges anymore. Thanks, dear EU. You forced me go deeper into the P2 P ethos of Bitcoin npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia The part I love the most is, on the top image representing theory, how actually one slice is distributed, but apparently everyone gets their fair share. The “how this thing is actually financed” part is the one that they always forget to think through npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Sorry, I just reread your message, didn’t read “Core” the first time npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Why so? I would have said that it’s the slippery slope Core got into, the one that could put Bitcoin into the path of irrelevance npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I pray for you, your wife, your kids, your parents, your sisters and their families. I don’t know if you have faith. For me, it helps to know that God has weird ways, for us humans. There’s a very strange connection between suffering and happiness, or closeness to God. He, who voluntarily decided to have his Son brutally killed, to redeem Humanity. There was no need for that. I pray that, when the time comes, you realize that behind all this suffering there was and is God, who fatherly caress and comforts you. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Ouch! En cualquier caso mejor correr un nodo que no correrlo 👍 npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Probably that cycle-to-cycle comparison still holds in @npub1r00…sqe8's spiral view. Haven’t checked in a while. Anything other than the power law seems to be like https://blossom.primal.net/6b0f1dcb56dca4ab054f587c6479e143261158245b2bc916430b8b056b8f8b23.gif npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Enhorabuena! Por curiosidad, la decisión de correr la implementación de Core y no Knots ha sido premeditada o era lo que parecía más fácil? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I pray for you and your family. Hope all’s ok npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Why so bearish? Money has been fixed, it will just take time to expand adoption. And values are not broken. Broken money set wrong incentives, but values are inherent to human beings (aka. Natural law) npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia It’s also so unfair towards the bottom half. I would believe in the good faith of socialists if they were for a hard money standard. But they are not. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia And I am sorry for them and hope they heal. My point was that happiness comes from loving and from being loved. That’s human nature, whether people know it or not npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia “be able to give a better life to 1-2 children than tradeoff between across 3+” That’s an ill understanding of what brings joy in life. Kids should be the expression, the consequence of love between a husband and a wife, and not an accessory that a couple (worse: a woman on her own) decides to add to their current lifestyle “because it’s the right time” If kids are the expression of love, you can’t just set an upper limit, because it implies that you’re being selfish, and love it’s self-giving npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Yeah, maybe a stretch. But fixing money is IMO by far the biggest problem we can try to solve. Knowing that, and still putting a portion of your money to the expectation of the discounted cash flow of some company, feels like some kind of dishonesty to me npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I feel like one should not earn the OG title if they held assets other than bitcoin in their portfolio. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Next they ban GrapheneOS npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Again, money printer might be irrelevant to me, because my assets are out of the system. But that’s an individual decision. Unless people start bankrupting countries by inducing such selling pressure on their fiat currencies and moving that money elsewhere that creates hyperinflation, I still can’t see how bitcoiners help reduce M2. The existing credit-based system will continue to live for a long time, in parallel with an independent and voluntary system (Bitcoin). npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I want to agree but I don’t see how me buying bitcoin and putting it in cold storage reduces money in circulation. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I have to say I was not aware of the French one, good to know! As per the Spanish one, true, with small and probably insignificant remark: Fisterra is in the local language (Gallego), in Spanish it’s called Finisterre npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Comes from Latin, “where the Earth ends” npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Don’t want to be picky here because I agree with your sentiment, but please note you’re not criticizing Bitcoin, you’re criticizing people (either devs or users) npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I’m not sure that’s progress. In prior cycles, money flowing into shitcoins would on most cases be money rotating out of Bitcoin, in the hopes of better returns. In this case the money that went into treasury companies was money sitting elsewhere, that would otherwise had gone into bitcoin. Hence the disappointing cycle, plus the partial lost of the NGU narrative that, together with the quantum FUD and the DEI policies at Core, have left us with very painful coming several years. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Honest question. If by safer direction you mean to write stuff in OP_RETURN instead of elsewhere in the block, but you seem to agree that people encoding non monetary stuff would be retarded, then why expand the limit on OP_RETURN? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Ich drücke Dir die Daumen! npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Verstehe! Und kannst du dein Wissen nicht online (Schule - Videos, Reiten - Buch) verbreiten? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia 25th here. Quite absurd and dangerous feature, if you ask me. Unless you’re a FED. Then it’s great. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia “Made with bioengineered ingredients” + canola oil. The US is screwed. Leave before it’s too late. You guys are being mass-poisoned. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Und privat pro Stunde zu unterrichten? Nur mit einzelnen Kinder, oder höchstens in zweier Gruppen? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Looking forward to hear your keynote. Skeptical, though, as I don’t believe AI will usher any art renaissance. Art is inherently human. It’s the wonder for beauty, in all its forms. AI is “creating” as if it was human. It only isn’t. The renaissance will come solely from moving Humanity under a hard money standard IMO. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Wouldn’t have guessed from Swan npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Does anyone know these guys? Any experience so far? https://www.thebalancephone.com/products/balance-phone #asknostr #hispano npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Bitcoin treasuries are the next FTXs. In hindsight, it was clear. You cannot have any company having as sole purpose “accumulate more bitcoin”, because wtf does the money come from The same as not a single individual can DCA forever without a source of income The problem is, these guys have diverted the potential capital that would otherwise had gone to Bitcoin into their equities and debt obligations. It will take at least a cycle to blow up and recover npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I don’t even trust bitcoiners who preach about low time preference but decide to have just one or two kids. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Let me answer as a pleb. I think it mainly comes down to the difficulty of having freedom tech as value proposition I’m only here because Bitcoin brought me here I only run a node because Bitcoin forced me to I only run my home server because only through Bitcoin I learned about it. I only try to use secure communication apps because it was the natural step after taking ownership of my money. I didn’t care the slightest about these things some years ago. Putting freedom tech, open source, censorship resistance, privacy, and all of these things in front of people who are still in the matrix is like offering a sirloin with foie-gras to a baby. Just too soon in the process I still believe freedom and responsibility over money is the Trojan Horse: communication and identity come naturally afterwards. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I get it, and tbh I’d probably do the same, too. But I’m in a position of someone who has little time to educate himself to make the best decisions for my family. And it’s extremely difficult to filter through the noise and form myself a sensible opinion on which path to vote with my savings. We only have one chance to get money right (uncensorable and immutable), and the current state of affairs is really frustrating. You have the technology liberals who care more about the DEI of the software than about fixing money. You have the visceral opinionated who attack people rather than ideas And you have OGs, who own who they are and what they have to Bitcoin, and yet say this topic is unimportant. I’ve nobody to talk to about this IRL but it’s frustrating to say the least npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Dude. Respectfully. Why didn’t you talk so honestly with Danny on your last pod? That’d been way more value adding IMO npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia To be fair, unless @nprofile…8y7r was in his green suit, most likely the normie thought he was talking to an even normier normie npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Really sorry for your loss. Tell your daughter a lot of stories of your parents. Ordinary ones and crazy ones. It’s important to know where do we come from. That we are part of something bigger. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Because being the reserve currency of the world <necessarily> means having constant current account deficits. The ever increasing pressure to export dollars implies the need to print them. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Everything became obvious when he refused to acknowledge Bitcoin as money, while pushing the “asset” and “collateral” properties of the coin npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Podcasts are a great tool at the beginning. At least for me they were, during my first cycle (plus asking a lot of questions in r/BitcoinBeginners Now I’m much more selective with my time. I’ve spent too many times one hour listening to a pod just because I respect the person speaking bc of his or her reputation, only to realize, frustrated, that I didn’t hear any new perspective. That’s no critic to podcasters. They are doing good for onboarding new people. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia What a surprise, lol. If this was the plan, anyhow, at least he could have sold at 120k. AFAIK he’s barely above his cost basis npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I guess everyone is different. For me, if I look at the price or try to understand aka “rationalize” how it behaves and why, I lose sight of the bigger picture. And for me, Bitcoin is not about Bitcoin, but rather about everything else. About how all things are impacted by it, and the potential that lies ahead, should we bunch of weirdos be at least directionally correct npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I think Europe is not yet prepared. Welfare state too comfy for a majority, still npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Three years out of every four, when I look at the price is like meh. The most boring thing ever. Except when it gets too low, which is great only when you have dry powder. When it gets too high it’s the anxious feeling of not having enough Now it’s boring, as almost always. At least for me. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Every time I saw something similar it always felt it was done for a couple with absolute max two kids. Not the kind of thing you look for when long-term planning npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia If words don’t have consequences, they’re worth nothing. If you can say A or B and it’s the effing same, then you saying A or B matters nothing. If it does matter, then language has value. You might not like it’s corollary, but that doesn’t make it untrue npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Source to original videos? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Again, don’t take it personally but the conference is not your party. It’s Nakamoto’s and BTC Inc’s. And it makes total sense that these guys invite the suits. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I agree, I wouldn’t want them either. But Nakamoto and BTC Inc live from them, and it’s their house and not yours or mine npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Bitcoin is money for enemies but this enemies are not allowed to our conferences npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Out of curiosity: do you coach Bitcoin founders, or do you coach entrepreneurial bitcoiners? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Let me turn your question around. Should it be a neutral moral action if you killed / let starvate your children or grandparents, because they produce nothing? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia That’s the problem I have with Ayn Rand’s view of the world (at least as presented in Atlas Shrugged) - one is not (just) valuable because of the value he or she provides to society npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia @nprofile…fg9w it would be helpful to be able to read all the titles before clicking on “see more” If what I see at first sight seems interesting, I’ll click on “see more” Right now I get only details to one piece of news, no idea about what comes next npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Ni quantum ni nada. Este señor solito se ha vuelto el mayor riesgo para bitcoin. Y el interés que ofrece en sus productos tiene, salvo que todo sea un Ponzi, por definición presión negativa sobre el precio. Al menos podría empezar por una proof of reserves A ver cómo acaba esto… npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia I feel you. Ich habe einen corporate Job bei einem deutschen Unternehmen. Meine Konditionen würden 95% der Leute beneiden. Ein sweet spot zwischen Gehalt, Verantwortung und Flexibilität. Und als Vater einer kinderreichen Familie, bin ich natürlich dankbar dafür. Aber von der Kultur her, gibt es einfach keinen Match. Wenn ich ledig wäre, hätte ich vor Jahren gekündigt. npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Thank you for this reminder. I haven’t been grateful enough today. Life is amazing. And even more so with a loving God, a loving wife, and kids. How cool is the gift to be alive and to generate new life? npub1dgtlzlh72vndt8kuguq2q8uk0732qd92930ywtp7g74cd6l6h2tsqc9f3k FranciscoDAnconia Shady AF