99% Bitcoin | 1% Shitposting on Australia's Housing & Economy 🥝🦘#npub1l4jvl6snx2jjljdjvaxktedn4fs2uzpldjyret6wujk06h4why4qfgjph0
Australia
Joined September 2016
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Matt ₿ retweeted
Since records began in 1959, Australian day to day government spending as a proportion of GDP has only ever been larger in one single quarter than it is now.
The absolute height of the government response to the pandemic in Q2 2020
Emergency level stimulus without an emergency
Matt ₿ retweeted
Metal value beats face value*
How the metal value is calculated 🪙
🇦🇺 10c coin
Weight: 5.65g
Composition: 75% copper / 25% nickel
Copper: 4.2375g
Nickel: 1.4125g
At current spot prices: ≈11.9c of metal
🇦🇺 20c coin
Weight: 11.30g
Composition: 75% copper / 25% nickel
Copper: 8.475g
Nickel: 2.825g
At current spot prices: ≈23.8c of metal
Because the 20c coin has the same composition and exactly twice the mass of the 10c coin, its contained metal value is exactly twice as high. In both cases, the contained copper + nickel value is currently about 19% above the coin’s face value.
I’m tired boss 😪
There is a critical vulnerability being actively exploited on BTCPay Server, which can result in the loss of funds.
Please update your BTCPayServer to 2.4.2 by going to Admin Dashboard -> Server -> Maintenance -> Update & verify the 2.4.2 version string in the footer.
If you are unable to update right away, turn off your BTCPay Server to prevent unauthorized access until you can update.
Now that the lump in the throats gone. The sinking stomachs gone.
Hitting steering wheel while driving across state lines to round up keys is gone.
I wanna say I’m incredibly grateful to the Bitcoin Twitter community for catching and reporting on this cc attack in real time 🙏
Matt ₿ retweeted
I've had so many heartbreaking DM convos with people who lost everything.
And thankfully many with people who got their funds out before the hackers got them.
@MattBBTC informed me that @unchained already has a big warning label in place alongside the option to send the tx via MARA Slipstream to bypass the mempool, meaning that by the time the script goes public it’s already in a confirmed block.
Big props to @unchained for implementing this so fast, and likely saving the funds of many of its users.
Disclaimer: I think MARA Slipstream and the concept of bypassing the mempool is bad. I also think this is the first case of it being actually useful and doing something good.
What a nightmare 😩
However all has been moved off securely
Side note: 4 cold cards 18months old and 2 of them ain’t working 🤔 1 screen completely blank, the other screen all fuzzy. (Had to Operate by memory lol)
And a 7 year old Ledger came out, and still had battery 😅
They are coming for you @LawrenceLepard
"implies criticism of central banks and the current financial system"
Tyler Green joins One Nation, so I guess this statement was only a matter of time 💪
The Official One Nation Bitcoin Statement;
“One Nation supports the responsible adoption of Bitcoin and related distributed-ledger technologies as part of a modern and competitive Australian economy.
Australians should remain free to lawfully use Bitcoin and related technologies. Innovation should not be strangled by over-regulation. Transparency and consumer protection must remain central. Australia must remain competitive in the global digital economy without compromising personal freedom or financial independence.
One Nation supports Bitcoin’s continued integration into the Australian economy where it delivers genuine productivity, efficiency, resilience and consumer choice”.
Matt ₿ retweeted
There was a recent conversation between @saylor and @_DannyKnowles that is bringing up a bit of notice because of Saylor’s presumed anger. I’ll comment.
Any affect, other than a sigh, from Saylor is so notable only because he normally does such a good job of keeping cool in the face intense attacks by media. This was very different for him so it stands out.
People are assuming that this was an overflow of feelings on his part, that somehow his affect breached his control. It is possible that he was having a bad day but I think it much more likely that this was deliberate and calculated.
The background is that Danny has a very important bitcoin platform and is good friends with @_Checkmatey_ who he frequently has on and mentions to other guests. They have both been critical of Bitcoin treasury companies and used the term “Ponzi adjacent”.
Saylor has faced many people more powerful than himself in both New York and DC. He has put his retirement on hold for an advance to humanity that he sees as important. One could say that, of course, he’s going to benefit from his own efforts, but to be truthful, six years ago before he bought his first bitcoin, he had enough to live the rest of his life in any way he chose without putting out another second of effort on behalf of anyone else. Instead, he saw a better future for humanity and has dedicated himself to advancing bitcoin for everyone.
I think this was a calculated wake up call to all those people involved with bitcoin who maintain a fiat mindset, such that the immediate price matters more than the long-term advance, that the greatest critics are finally moving our way while they themselves are sniping at people who are working for our future.
It is common in human relations for people to be more angry with and more critical of people with positions close, but not identical, to their own then they are with people whose positions are quite opposite to theirs. I think he is aware that he gets more criticism from bitcoiners than from tradfi.
Now one might ask why Saylor would choose to go off when he has held his temper in so many more adversarial interviews. Partly, I think it is because it was so shocking and got our attention. Another reason is that he’s reminding us he’s home. You argue more vociferously with your brother than you do with your adversary at work. You let your guard down among family. Partly because they are close, partly because you care. While this was a public interview, I think he let his guard down and showed us an aspect of reality he doesn’t usually show the public to remind us that we are all in this together and we are home.
If Danny knew it was coming, that would be terrific and if he didn’t, he did an outstanding job handling it. What Danny does on a weekly basis is wonderful and what Michael has built is incredible. Most people on this app do not remember the days when someone such as my mother could have her retirement funds in a safe place earning 7% and be provided enough for life with dignity. Most people here have grown up in a very low interest rate environment, and don’t realize on a daily basis the loss of human dignity that has come from the last few decades of monetary policy in this country. In reestablishing a widely available credit market backed by a hard money, Mike is providing people who will never be able to handle a seed phrase with the benefits of bitcoin and a life they would not otherwise have. I applaud him for what he has built and thank him for his continued efforts.
I dictated most of this so please accept my apologies for any misspellings or non-Sequiturs. I hope everyone has a good day.
🙏
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Matt ₿ retweeted
It's here!
@TheGoldStandard is now shipping!
Order yours now from my website or Amazon!
RT to win a copy!