Bitcoin Goa

Beaches. Beer. #Bitcoin
Butchering Bitcoin FUD

[Bitcoin Goa @BitcoinGoa]

Send me your most annoying/uncomfortable/lame #bitcoin FUD. I'll butcher it for you with reason and references.

Let's take down these voodoo fiat nocoiners and shitcoiners
#BTC to the 🚀🌑

[Bitcoin Goa @BitcoinGoa]

GM to those undeterred by the shitcoin scams that keep adulterating the space and Bitcoin / Bitcoiners get clubbed because precoiners don't get it.
Congratulations y'all for being at the forefront of the first money whose supply increases less 1% per year. #halving

[Bitcoin Goa @BitcoinGoa]

The UPI apologist class be welcoming this with open arms

[Balaji @balajis]

FROM RED LIGHT CAMERAS TO FACE FREEZES

We have to think through digital dystopias to figure out how to defend against them.

As further context:

1) The west already has red light cameras for automated ticketing based on license plates, but this would be next level.

2) China is more capable of doing this with faces because they have a better state-level facial recognition database

3) And they’ve begun deploying face recognition glasses to their officers[1]

4) A “face freeze” like what I just described can be done by one officer with one click. Or even a drone.

5) The officer just needs a suitable camera plus access to the state’s AI and face recognition database. It’s “just” a noisy join, mapping each face in a crowd to their personal details. It’s also totally asymmetric — the crowd can’t do it back to the officer.

6) For good measure, the officer could send a push notification to every person in the crowd with their arrest, penalties, and court details.

7) They could even auto-debit their WeChat digital wallets for every minute they remain in the crowd. Like the ultimate red light camera.

8) Masks may help but gait detection can work around it, though that may be hard in a crowd.

9) Really the only true countermeasure is to put at least some of the person’s digital resources outside the control of a centralized state. To decentralize.

10) As context, police have wanted nonviolent crowd control for a while. Bullhorns don’t necessarily work. And tear gas has side effects.

But a “face freeze” like this is scalable, nonviolent, asymmetric, and extremely effective. It really shifts the power to the state. Which is why we need to decentralize.
https://t.co/TeKwVJu24p

[Bitcoin Goa @BitcoinGoa]

Another day, another melt down of traders/gamblers regarding state over reach.. this time 20% TCS on foreign trips.
The answer has been around for 14 years and counting

[Bitcoin Goa @BitcoinGoa]

@ActusDei For the sake of this analysis regulations don't mean anything. It's just heavy tax, taxes have to be paid for everything - gold/equity et al. Regulations don't prevent buying and selling of bitcoin

[Bitcoin Goa @BitcoinGoa]

@RBI Fiat mortgage is a disease that your children inherit from you

[Bitcoin Goa @BitcoinGoa]

@kaul_vivek *fiat monetary policy

Fixed it for you

[Bitcoin Goa @BitcoinGoa]

@farzi28 @ravihanda Enjoy the workout

[Bitcoin Goa @BitcoinGoa]

Spent a good few hours looking at the responses of self-styled/state-certified financial planners at the latest state attack on individual wealth creation and not one person spoke of exiting the shitty fiat game.

[Ravi Handa @ravihanda]

How the hell is someone supposed to do retirement planning with such stupid changes in taxation every few years.

Equity taxation changes every few years. REITs used to be fairly attractive but not anymore. MLDs are gone.

And now Debt funds.

[Bitcoin Goa @BitcoinGoa]

@ravihanda You could teach them, if it were important for you.

[Bitcoin Goa @BitcoinGoa]

Unfortunately for them and for those to whom they peddle their snake-oil financial derivatives they'll say "how-can-they?" or feel enraged momentarily and then go back to hunting for some other scammy fiat derivative

[Bitcoin Goa @BitcoinGoa]

@crypto_hanuman @DasShaktikanta This account has been compromised, t'was a good run

[Bitcoin Goa @BitcoinGoa]

@BTCGandalf Threat of violence

[Bitcoin Goa @BitcoinGoa]

@deepakshenoy What really is the issue with dying with your debts and never repaying the loan

[Bitcoin Goa @BitcoinGoa]

@ActusDei How about dying with your debts, that should enable one to live beyond means comfortably

[Bitcoin Goa @BitcoinGoa]

@PiyushGoyal @narendramodi unless ofcourse he crowdsourced a private fund for he really cares

[Bitcoin Goa @BitcoinGoa]

@PiyushGoyal @narendramodi Gift?
World class Railway station from a net worth of 2 cr.. lol

[Bitcoin Goa @BitcoinGoa]

@MartSchmalzried @lopp My dude,
Collectively enforced = standing army

[Bitcoin Goa @BitcoinGoa]

To central banks 🍻

[Bitcoin Goa @BitcoinGoa]

A friend got fired from Byju because he couldn't meet his sales target of selling byju tablets to only 40 rickshaw walas when he was given a target of 50 "rickshaw walas".
And before his HR informed he's fired he was removed from his "Bangalore Tigers" WhatsApp group.