bitcoin hodler of last resort: The only node that matters is yours. The reason to run it is protective self interest. Don't trust my node - get your own!
Poor, poor Brian.
In the early days of Coinbase, they were desperate to be accepted by the system, implemented KYC without a legal pretext and totally swallowed the Kool-Aid that bitcoin was money and Coinbase was a "FinTech".
Had he known a little Internet history, he might have chosen a different tactic.
Skype was attacked in the same way that Coinbase and other bitcoin companies are being attacked.
Skype managed to see off the attackers by classifying themselves as something other than a "Telephone Service", so that all the telecoms laws didn't apply to it.
As soon as they did this proper classification of the Skype service, they were free from telecoms regulation (and in some cases where telephony was a state monopoly not free from regulation but free from being stopped altogether). This what I have been arguing for from the earliest days of Coinbase.
Bitcoin is literally not money, in the same way that Skype was not a telephone service, and WhatsApp is not a telephone service or telephony company. All the telephony companies you care to mention are still operating, even state monopolies, and WhatsApp is there for anyone who wants it. Which is over 3 billion people.
The fundamental error Brian made is now going to haunt him forever. He is going to fight regulation that he asked for himself, rather than acting like a real American, like Travis Kalanick.
Uber is not a taxi company
AirBnb is not a hotel company
Skype is not a telephony company
Bitcoin companies are not banks or fintechs
Email companies are not Postal Services
This was obvious to me in 2012, but not obvious for Goldman Sachs refugees who look at the world through the wrong end of the telescope.
But it seems the idea is starting to spread. FINALLY!
🇺🇸 ELON JUST CALLED THE EU'S BLUFF - OPEN SOURCING X'S ALGORITHM IN 6 DAYS
@ElonMusk is making X's entire recommendation algorithm public January 17th. Every line of code showing what posts you see and why.
Then updating it every 4 weeks with developer notes.
This is a direct response to France classifying X as an "organized gang," the same legal designation they use for drug cartels and mafia, so they could wiretap employee phones and demand algorithm access.
The EU wants control over what people see online. They fined X $140 million last month, launched probes into "algorithm abuse," and demanded researchers get data access. France wants "experts" to analyze X's code to "uncover the truth" about the platform.
Elon's response: "You want the algorithm? Here's the algorithm. Everyone gets it."
This is 4D chess. EU regulators wanted private access to modify and control.
Instead they're getting public disclosure they can't manipulate. Every competing platform, every researcher, every government on Earth gets the same code at the same time.
You can't secretly pressure someone to censor when the censorship mechanism is open source.
My prediction: EU loses its mind, threatens more fines.
Elon doesn't care. Other platforms forced to follow or look like they're hiding something.
If that's not a classic Elon, what is?
Source: ZeroHedge, Epoch Times
Local-first, peer-to-peer, open-source application protocol and backend designed that eliminates repeated reimplementation of identity, access control, synchronization, and trust in application development, anyone?
The goal is to empower every individual, so they can reach the destined place of maximum freedom.
Regardless of the characteristics tied to birth identity - location, gender, skin color, whatever.
Bitcoin, AI and Nostr will free so many.
The common belief that the decline in infectious disease deaths is due to modern medicine, like antibiotics and vaccines, is incorrect. The vast majority of the decline, particularly in the early 19th and 20th centuries, preceded these medical ideas.
Three key developments drove the earlier progress:
1. The rise of robust public health infrastructure, including engineered sanitation and sewer systems, protected municipal water supplies with filtration and chlorination, systematic garbage collection, early measures to control water and industrial air pollution, food safety regulations (e.g., meat inspection), and vector control (e.g., mosquito reduction).
2. Profound improvements in personal and socioeconomic well-being, such as vastly improved nutrition and increased dietary diversity, rising wages, less crowded housing with better ventilation (which increased exposure to sunlight and thus vitamin D production), the enactment of protective child and adult labor laws, public education, and greater public personal hygiene.
3. The abandonment of harmful medical practices, including treatments with mercury, arsenic, and strychnine, bloodletting and purging, and the “hot regimen,” cleared the way for more supportive care.
Data strongly support the pivotal role of public health infrastructure. Research indicates that nearly 90% of the decline in infectious disease mortality among American children occurred between 1900 and 1940, a period before the widespread availability of antibiotics and most vaccines. A parallel, even steeper decline—over 98%—was observed in England and Wales, underscoring that this was a widespread phenomenon driven by societal factors rather than specific medical interventions (and in fact far fewer medical interventions).
“...nearly 90% of the decline in infectious disease mortality among US children occurred [from 1900] before 1940, when few antibiotics or vaccines were available.”
[“Annual Summary of Vital Statistics: Trends in the Health of Americans During the 20th Century,” Pediatrics, December 2000, pp. 1307-1317.]
Sign the petition to #pardonsamourai
Unhinged federal prosecutors already sold the bitcoin they took from Samourai Wallet but there is still hope to get Bill & Keonne pardoned by @realDonaldTrump
We need your help though, so please sign & share: https://t.co/jPoACjh3bt
One more day in detention for Keonne and Bill. Still no news from the Trump administration. Does this presidency really have new clothes? #freesamourai#pardonsamourai
996 to go until the 15k milestone. Nothing stops this train #pardonsamourai
American software developers cannot remain in prison.
https://t.co/jPoACjh3bt
.@AGPamBondi@PamBondi it has been 18 days since @realDonaldTrump said to look into pardoning the Samourai Wallet developers. What is the status? One of them surrendered to prison on December 19th & the other surrendered today.
14,000 people have signed the petition already.
Keonne Rodriguez just finished his second week in prison. William Hill is being incarcerated today. Still no news from the Trump administration. We’ll see in the coming days whether this presidency really has new clothes. #freesamourai#pardonsamourai
Less than 1,200 signatures to go until the next milestone at 15k. Do not stand idly by while another software developer walks into prison today.
Sign & share this petition, demand that @realDonaldTrump release the hostages now: https://t.co/jPoACjh3bt
Every day that passes without a pardon for the Samourai Wallet developers is another day that @realDonaldTrump's administration validates a perverse legal theory that an entity can be an unlicensed money transmitting business under US 18 1960(b)(1)(C) while simultaneously NOT being an unlicensed money transmitting business under US 1960(b)(1)(B). Clearly, the law has been twisted out of context solely for the purpose of putting non-cuatodial wallet developers in prison.
Today is Bill's last day before he surrenders to the Bureau of Prisons for the next 4-years. A senseless sentence, no crime was committed, there were no victims. Corrupt federal prosecutors at the SDNY with an agenda lied & cheated to make this happen. Code ≠ crime.
You can find a series of articles written by Bill over the last several months here: https://t.co/Q6oC7RylKt
Sign & share the petition to #pardonsamourai here: https://t.co/prFSm4amlo
Please sign the petition, letting your voice be heard that the injustice faced in this case, and others at the hands of the DoJ is unacceptable.
#pardonsamourai
https://t.co/cJmFiyDbSZ
Keonne is beginning this new year in the confines of a prison, serving a 5 year sentence for a crime he did not commit. Meanwhile, Bill is preparing to turn himself in tomorrow, facing his own 4 year sentence. This somber start casts a shadow over this upcoming year.
The number of new signatures on the petition seeking a pardon has dwindled significantly, and the focus of bitcoin and cryptocurrency news has turned to other matters.
“There may be times when we are powerless to prevent injustice, but there must never be a time when we fail to protest.” - I hope you take this sentiment to heart into 2026
A significant amount more people have retweeted this than have signed the https://t.co/UNKsx3lboS petition
Please do not underestimate the effect this petition can have. @RealRossU said so himself live on the @BitcoinVeterans podcast to @keonne
Sign to #pardonsamourai and share