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What's trending on Nostr over the last 24 hours?

quoting note1smp…t7p8

Ross Ulbrict speaks. (Video liberated from Twitter.)

quoting note1q4f…av8p

Ross Ulbricht, freed by a Trump pardon, reunited with his family after years in prison.

"So much gratitude, love, and hope for what's to come."

quoting note13pc…vw67

put stuff here you can’t find anywhere else

(which is becoming increasingly easy)

quoting note1pk3…uunz

THE PLAYBOOK SEEMS PRETTY OBVIOUS.

SAY "CBDCS ARE BAD" WHILE USHERING IN A NEW ERA OF CORPORATE USD TOKENS THAT ACCOMPLISH ALL THE SAME DYSTOPIAN GOALS OF CBDCS.

https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/

quoting note1cjr…ug7q

ROSS IS FREE.

TRUMP IS A SHITCOINER.

STAY HUMBLE AND STACK SATS.

quoting note14fh…rdhj

So the Trump's 'crypto* EO is out, and I'm seeing lots of weak bitches cry that its a shitcoin reserve.

Given the fact that the proposed digital assets stockpile would possibly be built on *seized* coins, let me give you a quick introduction to forfeiture law, and why crying for daddy to please please make its pile of flying horseshit "bitcoin only" *literally* the most retarded thing you could be wishing for, ever.

Forfeiture law – or civil asset forfeiture, to be precise – is this fun little game the government plays in which it does not have to accuse you of a crime to confiscate your property.

Instead of accusing you of a crime, the Government claims that the asset itself has facilitated a crime, and can therefore be seized by the Government.

In civil asset forfeiture, there is no innocent until proven guilty. To get your property back, *you* have to prove that the Government is wrong – which turns out pretty complicated seeing how its impossible to prove a negative.

Civil asset forfeiture results in cases that are not filed against a person, but filed against the property itself. This results in fun little cases like US vs. Binance Account XYZ, or US vs. 123 Wilmington Drive.

To extend this idea to Bitcoin, in a civil forfeiture case, the US Government is in theory able to seize *any bitcoin* that has *ever* come out of a criminal transaction.

Made some bitcoin for selling a service? Bought some bitcoin on a P2P exchange? Unless you checked that the UTXO you received has never touched a criminal transaction in its entire history, your coins can be confiscated, and there's pretty much nothing you can do about it.

As Cato Institute points out in its piece on civil forfeiture reform, forfeiture law is routinely misused to enrich the Government – Philadelphia, for example, has seized over 1000 homes, over 3000 vehicles, and over $44M in cash over an 11 year period. In 2010, the city tried to seize *an entire fucking house* because a woman's grandson sold less than $200 of weed out of the basement.

If you think that taxes are bad, civil asset forfeiture is straight up evil.

It doesn't matter whether you participated in a crime. It doesn't matter whether you know that someone else participated in a crime. If it involved your property, even if said property was fully legally acquired, the Government will come and take it.

Civil asset forfeiture is the most insane Government funding technique that is out there, and you most definitely do not want this declared as a strategic means to pump the Government's bitcoin bags.

You are *literally* asking the Government to steal your coins with a practice that *every* libertarian advocate wants to see abolished.

quoting note1cly…usja

1. Over-exuberance on government hope, as if this time is different

2. Reality check hits: It’s not different, we have liquidity problems, the dollar is too strong… DUMP IT. (we’re probably here now)

3. Stack the dip while everyone feels emotional, rekt, betrayed, and confused.

4. Bitcoin rips to $250k+ because it’s the best expression of currency debasement. The dollar has to weaken, inflation is coming, and nothing stops this train.

Reminder: Bitcoin didn’t close above $2,500 until June 2017. The all time high that year was $20k.

History rhymes. Anyways, I’m back to work. Stay focused! 🫡

quoting note1pd2…m728

"Reunite, be whole again, heal" 🧡

quoting note1830…2r40

Ross Ulbricht message after getting released from prison

quoting note1qkl…jerw

SHITCOINS ARE NOT A THREAT TO BITCOIN.

THEY ARE A THREAT TO THOSE WHO CHOOSE TO SPECULATE ON THEM.

THE IMPACT OF SHITCOINS ON MY LIFE IS MOST SIMILAR TO MOSQUITOES.

ANNOYING BUT IRRELEVANT.