Damus
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BitcoinMendocino
@BitcoinMendocino

#Bitcoin is the alternative financial system for local communities at a time of inflation and spiraling national debt.

#Mendocino California.

Relays (12)
  • wss://relay.primal.net – read & write
  • wss://relay.damus.io – read & write
  • wss://relay.nostrplebs.com – read & write
  • wss://relay.nostr.band – read & write
  • wss://eden.nostr.land – read & write
  • wss://relay.current.fyi – read & write
  • wss://nostr1.current.fyi – read & write
  • wss://nostr.wine – read & write
  • wss://relay.snort.social – read & write
  • wss://nostr.bitcoiner.social – read & write
  • wss://nostr.mom – read & write
  • wss://relay.nostr.bg – read & write

Recent Notes

BitcoinMendocino profile picture
• Age verification laws requiring government ID or personal data have passed in roughly 25 US states for sites with “harmful to minors” content and app stores (e.g., Texas effective 2026), with similar pushes in the UK, Australia, and EU, showing a real expansion trend.

• The third-party doctrine is established US law allowing warrantless government access to data shared with companies, as it is considered voluntarily disclosed.
Club Orange · 4d
uhmmmmmm
BitcoinMendocino profile picture
Strategy is sitting on a 13 billion dollar unrealized loss this week as Bitcoin's price drops. The options desks have started betting against them.

Here's the part worth your attention. The saver who holds the same Bitcoin in a cold wallet is down the exact same percentage this week. Same asset. Same price. Same red number.

One of them can be forced to sell. The other can't.

That's the whole difference, and it's the difference self-custody was built to create. A company that holds Bitcoin through layers of financing has stakeholders, instruments, and obligations stacked on top of the coins. When the price moves, all of that machinery moves too, and at some point the machinery can decide for you.

Coins on a key you control have no machinery. No preferred holders. No options chain pricing your pain. No quarter to answer for. A 30% drawdown is a feeling, not a forced event.

The price falling tests everyone the same way. What it can't do is reach into a cold wallet and pull the trigger.

Down bad is survivable. Forced to sell is not. Hold the version nobody can liquidate but you.
1
BE · 6d
Important note 🌞
BitcoinMendocino profile picture
It may seem harmless at first glance, but six Flock Safety cameras have been installed in Fort Bragg. These cameras record every vehicle that passes, capturing license plates, make, model, and other identifying details.

Flock Safety’s materials emphasize a “connected system” for evidence and faster law enforcement response. That sounds appealing, and it’s easy to see why officials sign up for these cameras, operated by private, for-profit companies using taxpayer dollars.

What officials often overlook is the exponential advancements in surveillance tech. Flock Safety already offers audio detection (for cries for help) and could soon add facial recognition. Companies such as Palantir can combine large datasets—phone records, ISP logs, police StingRay captures, and more—creating powerful cross-referencing capabilities that will only expand.

Fort Bragg and the coast have a countercultural history that values freedom. But we are quietly sliding toward a total-surveillance model similar to what exists in China. Once established, such a system is nearly impossible to unwind. These tools are sold as public safety measures, but they also accelerate the erosion of Fourth Amendment protections. If you care, speak up. Do we want this level of surveillance in Fort Bragg—or anywhere in our county, state, or country?

Find out more: https://deflock.org/
BitcoinMendocino profile picture
FIRST FANNIE MAE BITCOIN-BACKED MORTGAGE IS LIVE

Better and Coinbase have issued the first Fannie Mae-backed Bitcoin mortgage, allowing a Michigan couple to use their Bitcoin as collateral for a conventional 30-year fixed-rate home loan without selling their BTC.

The structure lets borrowers pledge Bitcoin as collateral while avoiding capital gains taxes and maintaining exposure to future price appreciation.

Better CEO Vishal Garg called Bitcoin-backed mortgages a “generational next step,” arguing that Americans now hold far more wealth in stocks, bonds, and digital assets than in traditional bank accounts.

Because the loan conforms to Fannie Mae underwriting standards, a government-sponsored enterprise is effectively recognizing Bitcoin as collateral within the traditional mortgage system.

A broader rollout is expected later this summer. Better says demand is strong, with 76% of waitlist respondents already using Coinbase, 37% holding more than $500,000 in Bitcoin and projected loan volume reaching $250M.
1❤️1
BorrowOnBitcoin · 1w
Worth flagging: Better isn't custodying the BTC. Coinbase Prime is. So it's really a three party setup wrapped in conforming loan clothing. The Fannie Mae blessing is the real unlock, not the rate. Curious what LTV cap they land on.
BitcoinMendocino profile picture
As citizens of a free society, we should all be paying attention to the walls quietly being built around our liberties:

📷 Flock camera networks expanding across our streets

👁️ Pervasive digital surveillance

🔗 Stablecoins backed by U.S. debt

🔍 Warrantless searches of our digital lives — a clear 4th Amendment issue

🚗 Mandatory kill switches built into new vehicles

💳 Unprecedented monitoring of our financial transactions

Each item alone seems minor. Together, they form an open prison.
2
Marc · 1w
I'm going to tell you something you already know. We no longer live in a free society/open society. Sucks, huh?
BitcoinMendocino · 1w
Indeed but it would be nice to get back to a freer society. Most people are not in favor of living in an open prison and I still have faith in American ideals.