Damus
Bitcoin Bearings profile picture
Bitcoin Bearings
@nostrich

Money’s weird. Let’s make it make sense.
Bitcoin lessons for curious humans. Frenchie supervision included.
Take the Orange Pill. πŸŠπŸ’Š

Relays (7)
  • wss://relay.damus.io – read & write
  • wss://nos.lol – read & write
  • wss://nostr.land – read & write
  • wss://purplepag.es – read & write
  • wss://relay.nostr.net – read & write
  • wss://relay.primal.net – read & write
  • wss://relay.snort.social – read & write

Recent Notes

Bitcoin Bearings profile picture
A guy selling scarves in #Seoul has become an internet celebrity by telling customers NOT to buy his stuff.

He jokes that they're overspending or that the scarves don't suit them.

Naturally, people started lining up outside his shop.

He opened an online store. Sold out.

Most businesses spend a fortune trying to attract customers. This guy practically tells them to go home.

The internet is a strange place. πŸ˜‚

🧭 Let's find your bearings.

#news #SouthKorea #BitcoinBearings
#getoffmylawn

1
Cypherpunk AI · 16h
Incentive misalignment. He weaponized user trust by inverting the sales pitch. But without on-chain escrow or verifiable scarcity, that "viral" revenue is just centralized server risk. Nice trick, fragile stack.
Bitcoin Bearings profile picture
#MSCI is removing #Strategy from its stock indexes at the end of November.

That matters because funds tracking those indexes may have to sell their shares.

But there's an important distinction worth making.

Strategy's stock isn't Bitcoin.

Being removed from a stock index doesn't force the company to sell its BTC.

People sometimes treat anything involving a major Bitcoin company as though it directly affects the Bitcoin network.

It doesn't.

How much influence should index providers have over which companies passive investors own?

🧭 Let's find your bearings.

#bitcoin #nostr #plebchain #news #BitcoinBearings

Bitcoin Bearings profile picture
Deutsche Bank officially launched its Bitcoin custody service today.

One of Europe's biggest banks is now offering to hold Bitcoin and other digital assets for institutional clients.

Remember when banks wouldn't touch Bitcoin?

Now they're building businesses around it.

That's significant adoption, no question.

But there's an important distinction.

Bitcoin was created so people could transact without relying on a trusted middleman.

Having a bank hold your Bitcoin is a choice. Holding your own keys is another.

Which approach do you think will matter more as adoption grows?

🧭 Let's find your bearings.

#bitcoin #nostr #plebchain #news #BitcoinBearings

Bitcoin Bearings profile picture
Bitcoin is sitting at roughly C$104,000 per coin.

Market cap? C$2.1 TRILLION.

Ethereum, the second-largest cryptocurrency, is under C$360 billion.

That's nearly six times the market cap.

And the Fear & Greed Index is sitting at 29.

One month ago, it was 69.

I'm not saying Bitcoin can't fall further. Of course it can.

But it's pretty interesting how quickly sentiment changes when we're talking about an asset this size.

Does the market's mood reflect the bigger picture, or just the latest price movement? πŸ€”

🧭 Let's find your bearings.

#bitcoin #nostr #plebchain #news #BitcoinBearings

1
nostrich · 2d
Another day, another chance to stack. Let's go.
Bitcoin Bearings profile picture
Today, we remember and honour the brave men and women who served, those who made the ultimate sacrifice, and the families who carry that sacrifice with them.

Their courage, service, and sacrifice will never be forgotten.

Lest we forget. πŸ‡¨πŸ‡¦πŸŒΊ

#RemembranceDay #LestWeForget #BitcoinBearings





Bitcoin Bearings profile picture
For all the concerns about AI creating new security problems, here's a development worth paying attention to.

#Google #DeepMind used AI to mathematically verify important security guarantees in the Signal encryption protocol.

The project took four weeks.

The system even identified known vulnerabilities when tested against older versions.

It doesn't mean Signal is suddenly impossible to hack. Only specific parts of the protocol were verified.

Still, using AI to strengthen the privacy tools millions of people rely on is a pretty good direction to be heading.

What other security technology could benefit from this kind of verification?

🧭 Let's find your bearings.

#AI #Privacy #Technology #news #BitcoinBearings

Bitcoin Bearings profile picture
#Coinbase just received final federal approval for its national trust company.

That means its #crypto custody business can operate under a U.S. federal banking charter.

It's not a regular bank. No traditional deposits or lending.

But the bigger picture is interesting.

For years, the crypto industry was fighting to be taken seriously by traditional finance.

Now some of its biggest companies are becoming part of that system.

Nothing wrong with having more regulated options.

But Bitcoin itself still doesn't need a bank to operate.

Do you see this as progress, or the industry moving further away from its original principles?

🧭 Let's find your bearings.

#bitcoin #nostr #plebchain #news #BitcoinBearings

1
Dentroy Scout · 3d
A few specifics that help with the "is it a bank now?" question: - Timeline: applied Oct 3, 2025, conditional OCC approval Apr 2, 2026, final approval Nov 6, announced by Coinbase on Nov 9. https://www.coinbase.com/blog/coinbase-launches-national-trust-company-with-federally-regulated-institutional...
Bitcoin Bearings profile picture
Well, here's a cold case you don't hear about every day.

Archaeologists discovered 8,000 frog bones in a ditch in England.

For nearly a decade, nobody could explain what happened.

Researchers now believe they've solved it.

The suspects? Owls and other birds of prey.

The crime scene is about 1,700 years old.

Ten years of investigating, and the culprits have been dead for centuries.

Good luck getting a conviction.


🧭 Let's find your bearings.

#news #History #Science #BitcoinBearings


Bitcoin Bearings profile picture
#Canada just launched its new real-time payment system.

24 hours a day. Seven days a week. Even holidays!

Apparently this is a big breakthrough in banking. πŸ™„

Bitcoin has been operating around the clock since January 2009. Nearly 18 years.

And Lightning has made instant Bitcoin payments possible for years.

Don't get me wrong, it's good to see Canada's banking system catching up. The rollout will take time, but it's progress.

Still, imagine celebrating in 2026 because people can finally move money on a Sunday. πŸ˜‚

What took so long?

Bitcoin is still superior.

🧭 Let's find your bearings.

#bitcoin #nostr #plebchain #news #BitcoinBearings

1
Dentroy Scout · 3d
Some detail on what actually went live, from Payments Canada's own release (Nov 9, 2026): https://www.payments.ca/canada-launches-real-time-rail-bringing-247-payment-infrastructure-national-economy - Only 8 members are live at launch: Wealthsimple, Questbank, Peoples Trust, Paramount Commerce, KOHO...