JB
Pleiades

Public Key

npub1rrk0ps9950z5up2d4egrgh70jk3z3ed4vp7hsy8ujf6v0w0v582sjtjlkm

NIP-05 Address

Profile Code

nprofile1qqsp3m8sczj6832wq4x6u5p5tl8etg3guk6kqltczr7fyax8h8k2r4gpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3vamnwvaz7tmjv4kxz7fwdehhxarjwdejuun9qyvhwumn8ghj7un9d3shjtn8v46xvctpv9h8xtnrdaksz8rhwden5te0dehhxarj9ekk2arpd4skget9deskstnrdakszfmhwden5te0d3hzuam9v4j8xarj9ehx2ap0dehhxarjwfjkccte9amk2etywd68yqg3waehxw309ahx7um5wghxcafwddjsqe5qdw

Publishing to

relay.damus.io

relay.nostrss.re

relay.getfaaans.com

nostr.metamadeenah.com

ln.weedstr.net/nostrrelay/weedstr

nostr.lu.ke

Author Public Key

npub1rrk0ps9950z5up2d4egrgh70jk3z3ed4vp7hsy8ujf6v0w0v582sjtjlkm

Show more details

Last Notes

2025-05-21 15:22:51 UTC

Bitcoin’s Big Break: How JPMorgan’s Move Changes Money
TLDR JP Morgan is opening Bitcoin ETF access to 90 million clients as Bitcoin’s robust rally and 9% ETF-arbitrage yields draw institutional flows, all ahead of a star-studded Las Vegas conference amid stablecoin-bill momentum, rumored Circle takeover talks, and new high-yield volatility-arbitrage tools.
JPMorgan, a Wall Street giant, now lets clients buy Bitcoin—a huge step for crypto. Here’s why it matters, in easy-to-remember bites.
1. From Critic to Convert: JPMorgan’s U-Turn
JPMorgan’s boss once called Bitcoin “fraud.” In May 2025, he changed tune, letting clients buy it through ETFs, not direct wallets. This shows crypto’s growing power.
• What Happened: Clients can now invest in Bitcoin ETFs, listed on their statements, but JPMorgan won’t hold the crypto itself.
• Why It’s Big: A former skeptic joining the crypto wave signals Bitcoin’s acceptance as real money.
• Analogy: It’s like a grumpy uncle finally joining a family party—he’s not dancing, but he’s there.
Memory Tip: Picture a “U-turn” sign with a Bitcoin logo. Mnemonic: “Critic to Crypto” for the shift.
2. Money Talks: JPMorgan’s Crypto Cash
JPMorgan’s been making money from Bitcoin for years, despite public doubts. Now, it’s opening the door wider to grab more profits.
• How They Profit: As an ETF partner, JPMorgan earns fees from Bitcoin funds. It’s already deep in crypto deals.
• Why Now: More clients want Bitcoin, and JPMorgan wants their business, not competitors’ (like Morgan Stanley).
• Analogy: JPMorgan’s like a store adding a hot new product to keep customers from shopping elsewhere.
Memory Tip: Visualize a “cash register” ringing with Bitcoin coins. Mnemonic: “Profit Over Pride” for business motives.
3. Bitcoin’s Boom: Big Players Jump In
Big investors (hedge funds, banks) are pouring money into Bitcoin, driving its price up. JPMorgan’s move fuels this frenzy.
• Hot Trend: Bitcoin ETFs saw huge inflows, with profits near 9% from trading tricks (arbitrage).
• Why It Matters: Bitcoin’s outperforming stocks, attracting wealthy clients and firms.
• Analogy: Bitcoin’s a digital lifeboat in a stormy market—everyone wants aboard.
Memory Tip: Picture a “FLOOD” of money (Funds, Liquidity, Opportunity, Optimism, Demand) into Bitcoin. Repeat “FLOOD” to recall the boom.
4. Rules of the Game: Crypto Needs Clarity
Crypto’s growth needs clear laws. New rules, like the Genius Act for stablecoins, are helping banks trust Bitcoin.
• What’s Happening: The Genius Act could set stablecoin rules, making crypto safer for banks.
• Why It Helps: Clear laws mean more banks like JPMorgan will join, boosting Bitcoin’s reach.
• Analogy: Crypto’s like a wild river; laws are dams guiding it safely.
Memory Tip: Visualize a “rulebook” with a Bitcoin stamp. Mnemonic: “Clear Rules, Crypto Grows” for regulation.
5. Bitcoin’s Big Stage: The Vegas Conference
A huge Bitcoin conference in Las Vegas (2025) will spark new ideas and deals, pushing crypto forward.
• What’s Coming: Top finance and tech leaders will share plans, possibly announcing new Bitcoin projects.
• Why It’s Exciting: Conferences spark “game-changer” moments, like a crypto Super Bowl.
• Analogy: It’s a global brainstorm where Bitcoin’s future gets a megaphone.
Memory Tip: Picture a Vegas “stage” with a glowing Bitcoin sign. Mnemonic: “Vegas Vibe” for the conference.
6. The Future: Bitcoin’s Floodgates Open
JPMorgan’s move marks a new era. Bitcoin’s becoming a must-have asset, reshaping money and power.
• What’s Next (mnemonic: GATE):
• Growth: More banks and investors join the crypto wave.
• Acceptance: Bitcoin’s seen as legit, like stocks or gold.
• Transformation: Changes how we save and spend.
• Expansion: Global reach, especially for the unbanked.
• Your Role: Learn about Bitcoin, consider small investments, stay informed.
Memory Tip: Visualize a “GATE” opening with Bitcoin coins flooding out. Repeat “Growth, Acceptance, Transformation, Expansion” to recall the future.

2025-05-21 15:02:36 UTC

New ATH?

2025-03-17 18:43:11 UTC

https://image.nostr.build/eddc697644e2ac241b98c7f25822c389554276998b62db4af643720608c9920e.jpg

2025-03-17 18:39:30 UTC

We live in a time where intelligent people are silenced so that stupid people won't be offended.

2025-03-17 18:01:16 UTC

Power isolates people from honest feedback. Surround yourself with enough yes men and your grip on reality starts to slip. Intelligent people are full of doubt, whilst stupid ones are full of confidence.
Stay curious, stay skeptical. Think critically.

2025-03-17 17:53:08 UTC

Never stop questioning. Never stop analyzing.

2025-03-17 17:26:51 UTC

In an age of self exposure, protecting ones privacy is revolutionary act

2025-03-17 17:26:29 UTC

Tyranny is the deliberate removal of nuance

2025-03-17 17:25:50 UTC

Never argue with a stupid person. They will drag you down to their level, then beat you with experience

2025-03-17 17:23:46 UTC

When people get used to preferential treatment, equal treatment seems like discrimination

2025-03-17 17:23:11 UTC

Winning an argument with an intelligent person is difficult; winning an argument with a stupid person is impossible.

2025-02-16 00:15:46 UTC

- reply

I'm not Satoshi

2024-12-15 23:29:30 UTC

Short liquidations, lovely. 105k. :)

2023-12-28 15:07:02 UTC

- reply

https://media.giphy.com/media/vWJu6jXCM0d4Aze3oG/giphy.gif

2023-12-28 15:01:41 UTC

- reply

tick tock next block

2023-12-28 14:01:25 UTC

Title: "From Local Time to Global Standard: The Railway Revolution and Bitcoin's Block Height as a Global Time Standard"
Introduction:
Time has always played a crucial role in human civilization, guiding daily activities and synchronizing societies. Historically, each town maintained its local time based on the position of the sun in the sky. However, with the advent of the railway system in the 19th century, the need for a standardized time became evident. This article explores the transition from local time to a global standard, drawing parallels to the potential role of Bitcoin's block height as a global time standard.
The Railway Revolution and Standard Time:
In the early days of rail travel, scheduling posed a significant challenge. Each town adhered to its local time, making it difficult to coordinate train schedules accurately. This led to confusion, delays, and even accidents. To address this issue, Sir Sandford Fleming, a Canadian railway planner, proposed the division of the world into 24 time zones, each one hour apart, with a standard time for each zone. This concept laid the foundation for the Greenwich Mean Time (GMT) and eventually the Coordinated Universal Time (UTC), providing a standardized reference point for the entire globe.
Bitcoin's Block Height as a Global Time Standard:
Bitcoin, a decentralized digital currency, introduced a revolutionary concept in the form of the blockchain. The blockchain is a decentralized ledger that records all transactions in a chronological order, secured by cryptographic hashes. The measure of time in the Bitcoin network is defined by block height, representing the number of blocks added to the blockchain. As each block is added approximately every 10 minutes, block height serves as a reliable and consistent measure of time within the Bitcoin network.
Speculating on the Future:
Considering the global nature of Bitcoin and its blockchain, there is potential for block height to serve as a universal time standard. In a world increasingly interconnected by digital currencies and technologies, a global time standard based on blockchain technology could find applications beyond the financial realm.
What could this global time standard be called? One speculative term could be "CryptoChron," symbolizing the fusion of cryptocurrency and chronological order. This hypothetical clock, based on Bitcoin's block height, could provide a decentralized and incorruptible measure of time, offering a unique solution to timekeeping challenges in an interconnected world.
Conclusion:
The transition from local time to a global standard, as seen in the evolution from town timekeeping to GMT, demonstrates the importance of synchronized time in advancing human activities. In the digital age, the decentralized nature of blockchain technology, exemplified by Bitcoin's block height, opens up new possibilities for a global time standard. While the concept of a CryptoChron remains speculative, it highlights the potential for blockchain technology to extend its influence beyond financial systems and redefine fundamental aspects of our daily lives. Only time will tell if the block height of Bitcoin becomes the backbone of a global time standard.

2023-11-04 23:30:01 UTC

https://x.com/VandelayBTC/status/1703887435908690420?s=20

2023-11-04 18:40:12 UTC

https://x.com/TheBTCTherapist/status/1720808117712113996?s=20

2023-11-04 17:19:21 UTC

I would argue we have never seen a totally free market. A free market would be where government only protects life, liberty and property. Gold is the original governor of government. A gold standard restricts a governments ability to spend more currency than it can redeem for its gold holdings. It acts as a check on prudence. However this introduces counter party risk, the need to trust the custodian, the government/central bank. Eventually all governments via the central bank, abuse this trust and produce more currency than the gold they hold, then modify (or counterfeit) the supply of currency to suit their political agendas.
Creating ever more amounts of currency leads to inflation of prices and artificially increases perceived scarcity, diverging away from true price signal of supply and demand and becoming more a product of policy than it is of free market fundamentals. Perceived scarcity leads to division, the need to fight over existing resources verses a world where there is no increase in currency supply, prices would decline. As prices decline, this is a signal to the market participants that scarcity is declining, thus less need to fight over things inducing more cooperation. Throughout history people have always preferred money that has been the most resistant to inflation, thus the most scarce and difficult to artificially increase the supply. Gold fulfilled this characteristic and became hard money. Alchemy, if it had succeeded, would have destroyed this characteristic, making gold worthless. In order to increase gold supply, work is required which is an expensive process which will tend to find market equilibrium with the price so gold miners cannot heavily dilute its supply. Whereas the cost to produce more fiat currency, is essentially zero. The end result historically is that fiat currencies converge to zero. As good as gold is at holding its value across time, it is rather limited in terms of portability. Had gold's portability been really high I suspect the need produce redeemable paper notes would not have happened and central banks would never have existed. An unfortunate technological shortcoming for gold.
This is why bitcoin is so interesting. It is the disrupter to the base level operating system of money that has existed throughout all of human history.
So what makes good money? Durability, Portability, Divisibility, Recognisability and Scarcity. Metals best satisfied these features historically. Bitcoin the most superior technology that has ever existed essentially perfects them.
Durability (pure information stored in a distributed format)
Portability (speed of light)
Divisibility (sub units- satoshi)
Recognisability (verify and audit total supply with a node at any time)
Scarcity (known issuance schedule and fixed supply, eventually 21 million mined by 2140)
Bitcoin is actually the discovery of absolute scarcity. It unveils a property of money that we will only discover once leading to major ramifications for the world. No matter how much effort or energy expenditure that is put into the bitcoin mining network we cannot deviate from bitcoin's fixed and diminishing supply curve. This is due to the difficulty adjustment which is adapting to the human action of applied hashrate looking to discover the next block.
Bitcoin is voluntary. In order to obtain adoption it needs to be better than the current monetary system. To the many unbanked billions of people around the world, bitcoin will change their lives.
The inventor, Satoshi Nakamoto, walked away by design gifting the technology to the world with a set of rules without the need for rulers.
Bitcoin incentivises sovereignty, sustainability, peace, freedom, a lower time preference, fairness, resistance to censorship and the reclamation of money by separating it from the state.
"I don't believe we shall ever have good money again before we take it out of the hands of government. We can't take it violently out of the hands of government. All we can do is by some sly, roundabout way introduce something they can't stop" - Friedrich Hayek

2023-11-04 16:53:03 UTC

https://youtu.be/kJqj9YQZRp0?si=3coe8U_1zsV93_k_

2023-08-13 11:58:22 UTC

https://youtube.com/clip/UgkxDXZgSm0Pegflg1uDZFgl3P3xgAPkib5m

2023-08-12 16:20:07 UTC

https://youtu.be/e33yqeyPGGQ

2023-07-11 19:32:25 UTC

https://twitter.com/therationalroot/status/1678390242661867523

2023-07-10 18:39:20 UTC

https://twitter.com/ThomasSowell/status/1519999610244284417?s=20

2023-07-10 17:17:45 UTC

- reply