Proof-of-Babbage

Babbaging on about UX at someplace, somewhere.

Bitcoin is your lifeboat. Get in.

[Proof-of-Babbage @Joshmantis]

@TaraBull808 Absolutely.

[Proof-of-Babbage @Joshmantis]

@ryangerritsen I give it a week before one of the mental health workers has a mental health issue.

[The Pleb 🇨🇦 @truckdriverpleb]

Pierre Poilievre says Canada needs NEGATIVE levels of immigration for the next few years

He also calls for automatic deportations of newcomers who break our laws

Do you agree with Pierre?

[Proof-of-Babbage @Joshmantis]

I'm impressed they can speak such lies with a straight face

[Wiretap Media @WiretapMediaCa]

REPORT: Toronto has launched an expensive research initiative to investigate Canada's youth job crisis, and it has concluded that the issue is largely due to a lack of experience, rather than the influx of unvetted foreigners spilling into the country or mass immigration.

[Proof-of-Babbage @Joshmantis]

@TaraBull808 Canada is already full.

Sorry, but go find another place to mooch off of.

[Proof-of-Babbage @Joshmantis]

@Callum_Thomas I've been a bitcoiner for nearly a decade...I feel nothing.

[Proof-of-Babbage @Joshmantis]

@JeffSnider_EDU Bitcoin enters the chat...

[Proof-of-Babbage @Joshmantis]

@apsk32 @w_s_bitcoin Waaaaaaaaaaay lower

[Vivek Sen @Vivek4real_]

🇪🇹 ETHIOPIA JUST ANNOUNCED THEY EARNED $200 MILLION FROM MINING #BITCOIN IN THE LAST 6 MONTHS

THIS IS WILD!!!

[Teddy - PolyBackTest.com @Bitcoin_Teddy]

SAMSON MOW: “it’s not gonna be a gradual slow increase to $1 million a Bitcoin, but rather a very short and violent upheaval that sends us there in a matter of weeks to months.”

[Daniel Batten @DSBatten]

There you have it, from the mouth of the president of the European Central Bank

To reassure people about the digital euro, she cites China as a "success story" and says explicitly that EU is following China's lead on Centralized Digital Currency.

Here's why this matters that they are explicitly copying China's model:

China's Central Bank Digital Currency (CBDC), the e-CNY, gives the People's Bank of China for the first time the surveillance powers to track all citizens' financial transactions in real-time.

Because their CBDC records every transaction, this gives the government detailed visibility into every citizens' financial activities.

All larger transactions are traceable under laws like the Cybersecurity Law.
This capability gives Chinese authorities the power to

❌monitor and control behavior
❌track spending to identify dissenters
❌enforce social compliance via the social credit system
❌restrict funds for critics

The technology makes mass surveillance and (further) erosion of civil liberties technologically possible, while providing Chinese authorities a tool for the state to exert unprecedented control over its population.

ECB will say "Well, in theory that's true, but we will only use that ring of power to do good for the world"

If you are feeling uncomfortable with that level of power, you are right to trust your instinct.

Computer science says this is bad technology design because historically, potentials to abuse centralized power granted by technology have been used, and the only way to safeguard people against abuse is to have good technology design that makes this algorithmically impossible.

This is something that Bitcoin does, whereas CBDCs open up exponentially more potential for abuse of central power than currently exists.

So if you trust ECB to be an positive outlier, are comfortable disregarding good technology design principles designed to keep people safe, and trust your government and Central Bank to have all that power - but not to use it, then you have nothing to be concerned about.

[zerohedge @zerohedge]

Kazakhstan Plans To Establish Bitcoin And Crypto Reserve https://t.co/rCgkP3DO6S

[Jon Flynn | Real Estate Data & Analysis @JonFlynnREstats]

In Canada, seniors need their home equity for retirement and the young need to borrow from their retirement (rrsp) to buy a home.
Seems like a stable and efficient system.

[Adam Livingston @AdamBLiv]

The fertility crash is a monetary crash.

Fiat isn’t harmless paper; it’s demographic neutron dust.

Opt out. Stack sound money, build families - not Ponzi portfolios.

Give civilization a future.

[Proof-of-Babbage @Joshmantis]

@TaraBull808 Bangkok

[Proof-of-Babbage @Joshmantis]

@bitcoinnews It's capital gains taxes. No one wants the tax hit.

Fix that and transactions will fly

[dave the wave🌊🌓 @davthewave]

Welcome to dystopia. Women 'asked' to remove T-shirts with 'Free Palestine' printed on them.

[SF Hodl @sf_hodl]

Men will literally start their own political party rather than study Bitcoin.

[Kirk Lubimov @KirkLubimov]

With all the talks of Canadian content, I have no idea why there are no shows showcasing the beauty of Canada.

I could film all day stunning destinations here and not run out of places. Yes many require planning to get to but many so accessible.

A few waterfalls from today: