Arthur Amendt on nostr

Recent Notes

The criminal element seems to me to be a bit of a wild card with btc. The problem of the evil of the human heart is not remedied even with a better decentralized currency.

Arthur Amendt @Arthur Amendt 1786363525

So true, "evil isn't remedied with a decentralized currency.", but In countries with chronic high inflation, capital controls, or unreliable banking, the option value of an alternative monetary rail is higher. In stable, high-trust environments with efficient payment systems, the marginal benefits shrink. I was talking to 2 Indian students who work at Walmart yesterday they don't trust the c$ very much probably because 10 years ago Prime Minister Narendra Modi announced in a televised address that all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series would cease to be legal tender from midnight that same day.
These two denominations made up roughly 86% of the currency in circulation by value. The biggest bill we get in Canada without surveillance is c$100 which I don't think will last long and makes up 63% of the value circulated.
Total value of all Bank of Canada notes in circulation: about $121.28 billion
Value of $100 notes: about $75.36 billion

1776 · 6d

BC is on fire. Picture from the northwest of Faulder and Summerland, both now evacuated. The fire made it some 20km all the way to the distant shore in the pic, after this shot was taken. My sister an...

Arthur Amendt @Arthur Amendt 1786326740

Great Photo!

Arthur Amendt · 1w

On the new update there is: Advanced/Tools → Export Wallet → Sparrow

Arthur Amendt @Arthur Amendt 1785936552

Sorry, this doesn't move your seed words over.

❤️1

1776 · 1w

Hey does anyone have a resource for how to export the key from a Cold Card to a Sparrow wallet and also to another signer with full TX signing capability? Exporting to Sparrow by the normal means stil...

Arthur Amendt @Arthur Amendt 1785935973

On the new update there is:
Advanced/Tools → Export Wallet → Sparrow

Arthur Amendt · 1w

Sorry, this doesn't move your seed words over.

Arthur Amendt

@Arthur Amendt 1785865297

"Normies can't help but to focus on money's role as a medium of exchange.

We live in a Consumption-based society after all.

But what most fail to grok (or acknowledge) is that the core feature of Money--and all of Finance, really--actually revolves around Purchasing Power.

IMPORTANT: The Creation and Control of money are the proverbial Keys to the Kingdom.

Whoever Creates and Controls money also has the ultimate say regarding the Purchasing Power of its Users (or Participants).

When the State Creates and Controls your money, they get to decide how much--if any--of your Purchasing Power they will confiscate over time.

And...

Since the ability to confiscate (aka, "steal") our Purchasing Power via the Creation and Control of money is nearly irresistible, the State chooses this option... every time.

Always. Without fail.

Until the State grows so large relative to its underlying People's waning Purchasing Power, that the State fails.

This has happened time and again throughout recorded history.

And it's happening again.

Right now. Across the Modern World.

But especially in Europe, the United States, and Japan.

These countries have accumulated so much debt--that is, they have borrowed, taxed, inflated, stolen, and spent their countrymen's Purchasing Power--and have grown so large, that their citizens' Purchasing Power is no longer able to sustain their grotesque girth.

Bitcoin--for the first time in recorded history--changes this dynamic.

It puts the Creation and Control of money directly and irrevocably into the hands of the People.

This means that the People get to remain in charge of their Purchasing Power--not the Aristocrats--for the first time in recorded history.

This is why it is Critical to keep the Bitcoin Network Decentralized and Secure... well away from those who would like to manipulate it to regain and restore the Creation and Control of your Purchasing Power.

Bitcoin is truly Better Money for a Better World, because it is Of the People, By the People, For the People.

This is a Once in a Species opportunity for lowly, hard-working, honest, regular people... so let's not blow it."
Dr. Jeff Ross 2026

2❤️2🚀1

Davey Umpkin · 1w

The criminal element seems to me to be a bit of a wild card with btc. The problem of the evil of the human heart is not remedied even with a better decentralized currency.