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

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

quoting note14wf…fg98

If not enough independent entities/individuals self custody #bitcoin, it goes to zero. Your ETF goes to zero.

That's the game theory, bitcoin ownership must remain good part decentralized.

Man up and do your part.

It's easy.

quoting note1cr5…g0m8

MOST PEOPLE SUPPORT CENSORSHIP UNTIL IT IS USED AGAINST THEIR OWN PEOPLE.

THE ONLY WAY TO GUARANTEE SPEECH IS AT THE PROTOCOL LEVEL.

ON NOSTR NOBODY CAN BE BANNED. PERIOD.

IMAGINE FADING THAT.

quoting note1p2s…x8wv

I EXPECT A STRATEGIC BITCOIN RESERVE BECAUSE IT DOES NOT REQUIRE TRUSTING POLITICIANS.

WE ONLY HAVE TO ASSUME THEY ARE GREEDY WHICH IS AN INCREDIBLY EASY ASSUMPTION.

ONCE THE US MAKES A MOVE, NATION STATE FOMO WILL ACCELERATE.

THIS IS NOT PRICED IN BECAUSE MOST PEOPLE CANNOT THINK FOR THEMSELVES.

quoting note1cta…8rkh

GOOD MORNING NOSTR.

LIVE FREE. 🫡

quoting note1kwe…523n

My dad passed away today. I knew it was coming and am glad he is no longer suffering, but I’m really gonna miss him.

quoting note1uhx…qzpy

BITWISE IS LAUNCHING AN ETF THAT BUYS SHARES IN COMPANIES THAT BUY BITCOIN BECAUSE STAYING HUMBLE AND STACKING SATS IS TOO COMPLICATED FOR SUITS.

quoting note1vxz…j98n

The IRS just finalized its new broker rule, finding that control is not necessary to be considered a broker subject to IRS reporting requirements.

It's a nightmare for every non-custodial exchange and swap provider.

Built a website to let users swap between currencies? You're a broker under IRS reporting requirements.

Built a mobile app to let users swap between currencies? You're a broker under IRS reporting requirements.

Built a browser extension to let people swap between currencies? You're a broker under IRS reporting requirements.

As long as you have the ability to collect fees on a trade, or have the ability to affect the terms under which a trade is provided, or a whole bunch of other nonsense, you're a broker, which makes pretty much any non-custodial exchange or swap provider a broker.

While wallets without swap or exchange features are excluded by the broker rule, it's a taste of what's to come for BSA reporting requirements for non-custodial software.

INB4: "bUt ThEy CaN'T FoRcE mY nOn-CuStOdIaL wAlLeT tO Do aNyThiNg"

That's right they can't. But they can force the people building the software and services. And if they don't, they'll go to jail.

Unless challenged, the rule goes into effect in 2027.

https://www.therage.co/broker-rule-irs-requires-non-custodial-services-to-report-trading-information/

quoting note1m95…zqqp

THIS TIME LAST YEAR THE EDGE LORDS SAID THE ETFS WOULD BE IRRELEVANT.

ETFS LAUNCHED. PRICE WENT UP AS EXPECTED.

SAME THING HAPPENING RIGHT NOW WITH THE STRATEGIC BITCOIN RESERVE.

THERE IS A WEIRD MENTALITY AMONG SOME BITCOINERS THAT PRICE GOING UP IS IRRELEVANT.

ALL OF US HAVING MORE PURCHASING POWER IS INCREDIBLY HELPFUL. LIFE IS EXPENSIVE.

quoting note1q8m…z4pd

Bitcoin X is getting more retarded by the day

quoting note15dz…yhsx

It feels fucking crazy that we are a half decade away from when the COVID crazy shit started and that nothing has been the same since.