WEBVTT 00:00:11.979 --> 00:00:14.519 Welcome to the Bitcoin Street Journal, Bitcoin 00:00:14.519 --> 00:00:16.980 Market Update, the podcast that brings you daily 00:00:16.980 --> 00:00:19.420 live updates on the ever -changing Bitcoin market. 00:00:20.019 --> 00:00:22.500 Stay informed with our in -depth Bitcoin technical 00:00:22.500 --> 00:00:25.199 analysis as we explore breaking Bitcoin headline 00:00:25.199 --> 00:00:28.320 news, market capitalization, and market supply. 00:00:28.940 --> 00:00:30.920 Get ready to dive into the world of Bitcoin and 00:00:30.920 --> 00:00:33.539 stay ahead of the game. In today's episode, we'll 00:00:33.539 --> 00:00:36.240 cover the new section, Notes from the Past, in 00:00:36.240 --> 00:00:38.659 the Bitcoin Street Journal, Micro Strategies 00:00:38.659 --> 00:00:41.500 Increasing Bitcoin Holdings. Recent developments 00:00:41.500 --> 00:00:44.579 in El Salvador's Bitcoin adoption, buying shawarma 00:00:44.579 --> 00:00:47.259 with Bitcoin Lightning in Argentina, the benefits 00:00:47.259 --> 00:00:49.539 of the Lightning network, and an open source 00:00:49.539 --> 00:00:52.119 decentralized publishing protocol offered by 00:00:52.119 --> 00:00:58.479 Nostra. So, guys, listen up. We've got an exciting 00:00:58.479 --> 00:01:00.679 new section on the Bitcoin Street Journal called 00:01:00.679 --> 00:01:03.500 Notes from the Past. It's all about the managing 00:01:03.500 --> 00:01:05.680 editor's recollections from his early days in 00:01:05.680 --> 00:01:09.099 the computer field. Picture this. It's 1987, 00:01:09.659 --> 00:01:12.260 and our editor is a fresh -faced 21 -year -old 00:01:12.260 --> 00:01:15.040 ready to take on the world. Now let's dive into 00:01:15.040 --> 00:01:17.659 the first installment, shall we? Buckle up, because 00:01:17.659 --> 00:01:20.739 this one's a doozy. Our editor started his journey 00:01:20.739 --> 00:01:23.099 at a company we'll call MicroSchlepp back in 00:01:23.099 --> 00:01:27.060 December 1986. His gig, selling HP mainframe 00:01:27.060 --> 00:01:29.019 stuff to those corporate bigwigs we now know 00:01:29.019 --> 00:01:31.939 as CIOs, but back then they were called MIS. 00:01:32.299 --> 00:01:34.780 Sounds pretty fancy, right? But here's the thing. 00:01:35.040 --> 00:01:37.599 Our editor's managers were a unique bunch. Every 00:01:37.599 --> 00:01:39.659 single one of them had fought in Vietnam together. 00:01:40.079 --> 00:01:42.459 And get this, they were all related. Brothers 00:01:42.459 --> 00:01:44.739 or cousins, you name it. Working there must have 00:01:44.739 --> 00:01:47.219 felt like boot camp every single day. But hey, 00:01:47.319 --> 00:01:49.319 our editor says it was the best education he 00:01:49.319 --> 00:01:52.280 ever had. Go figure. So what did they do at Micro 00:01:52.280 --> 00:01:55.400 Schlepp? Well, they sold HP to Fortune 500 companies 00:01:55.400 --> 00:01:58.939 all around the globe. Big stuff. But there was 00:01:58.939 --> 00:02:02.840 one tiny hiccup in our editor's career trajectory. 00:02:03.280 --> 00:02:05.659 He found himself competing with colleagues who 00:02:05.659 --> 00:02:08.620 were a good 10 to 15 years older than him. And 00:02:08.620 --> 00:02:10.800 guess what? They had this annoying habit of stealing 00:02:10.800 --> 00:02:13.819 his sales. Not cool guys. Now here's where it 00:02:13.819 --> 00:02:16.099 gets interesting. Micro Schlepp had a break room 00:02:16.099 --> 00:02:18.860 and you won't believe what was in there. An actual 00:02:18.860 --> 00:02:21.199 beer vending machine. Yep, you heard that right. 00:02:21.560 --> 00:02:23.400 You could grab a single can of bush beer for 00:02:23.400 --> 00:02:26.780 just 50 cents. Our editor admits that sometimes 00:02:26.780 --> 00:02:28.879 around 4 p .m. he would find himself fishing 00:02:28.879 --> 00:02:30.879 for quarters to get his hands on that liquid 00:02:30.879 --> 00:02:35.000 gold. Those were the days. But wait, there's 00:02:35.000 --> 00:02:38.360 more. The head honcho, the big boss, the grand 00:02:38.360 --> 00:02:41.360 pooba. He was quite the character. Rumor has 00:02:41.360 --> 00:02:43.460 it this guy was constantly high on alcohol and 00:02:43.460 --> 00:02:47.080 cocaine. Yikes. And one fine morning, he decided 00:02:47.080 --> 00:02:48.900 to clean his service weapon while completely 00:02:48.900 --> 00:02:51.719 wasted. Guess what happened? Well, the gun went 00:02:51.719 --> 00:02:54.340 off by accident, firing a bullet that ended up 00:02:54.340 --> 00:02:57.430 lodged in the ceiling. Can you believe it? Just 00:02:57.430 --> 00:03:00.129 across from our editor's cubicle, imagine the 00:03:00.129 --> 00:03:02.310 panic when one of his co -workers suddenly found 00:03:02.310 --> 00:03:05.449 themselves covered in ceiling tile dust. Ah, 00:03:05.509 --> 00:03:08.050 the memories. Now you might be wondering what 00:03:08.050 --> 00:03:10.409 happened to the boss after such a dangerous mishap. 00:03:10.710 --> 00:03:13.229 Well, brace yourself. Nothing happened at all. 00:03:13.490 --> 00:03:16.250 Why? Because everyone was terrified of this guy. 00:03:16.610 --> 00:03:18.930 I mean, he was the definition of a loose cannon. 00:03:19.229 --> 00:03:21.789 Crazy, right? But fear not, my friends, because 00:03:21.789 --> 00:03:23.969 our editor has promised to share more of these 00:03:23.969 --> 00:03:26.169 wild stories from his micro schlep days in the 00:03:26.169 --> 00:03:28.599 future. Trust me, there are plenty more where 00:03:28.599 --> 00:03:31.120 that came from. Can't wait to hear all the juicy 00:03:31.120 --> 00:03:34.120 details, can you? And here's the best part. The 00:03:34.120 --> 00:03:36.560 Bitcoin Street Journal editor is eager to connect 00:03:36.560 --> 00:03:39.060 with you. He's a storyteller at heart, so if 00:03:39.060 --> 00:03:41.180 you fancy a good tale or just want to make a 00:03:41.180 --> 00:03:44.639 new friend, drop him a DM on Nostr. Believe me, 00:03:44.639 --> 00:03:47.479 he's all ears and ready to share more true stories 00:03:47.479 --> 00:03:50.800 and notes from the early days of computing. So 00:03:50.800 --> 00:03:53.219 stay tuned for the next podcast episode, folks. 00:03:53.560 --> 00:04:03.490 We're in for a wild ride down memory lane. Now 00:04:03.490 --> 00:04:05.610 let's dive into the exciting world of Bitcoin 00:04:05.610 --> 00:04:08.370 and the latest news. First up, we have some big 00:04:08.370 --> 00:04:11.129 news from MicroStrategy. They have added a whopping 00:04:11.129 --> 00:04:15.849 5 ,445 Bitcoin to their treasury, bringing their 00:04:15.849 --> 00:04:20.930 total holdings to an impressive 158 ,245 BTC. 00:04:21.430 --> 00:04:23.089 That's quite a hefty amount, wouldn't you agree? 00:04:23.810 --> 00:04:25.810 MicroStrategy definitely seems to have a bullish 00:04:25.810 --> 00:04:28.230 outlook on Bitcoin and is confident in its future. 00:04:28.699 --> 00:04:30.959 Speaking of Bitcoin, it has just confirmed its 00:04:30.959 --> 00:04:33.360 900 millionth transaction. Can you believe it? 00:04:33.899 --> 00:04:36.180 That's a huge milestone for the world's most 00:04:36.180 --> 00:04:39.660 popular cryptocurrency. It goes to show just 00:04:39.660 --> 00:04:42.779 how widely adopted Bitcoin has become and how 00:04:42.779 --> 00:04:45.120 it continues to gain momentum in the financial 00:04:45.120 --> 00:04:48.480 world. In other news, we have an interesting 00:04:48.480 --> 00:04:51.160 development in the world of politics. Miguel 00:04:51.160 --> 00:04:54.300 Albuquerque, a pro Bitcoin candidate, has emerged 00:04:54.300 --> 00:04:56.660 victorious in the Medellin regional election. 00:04:56.970 --> 00:04:59.730 This is a significant win for the Bitcoin community 00:04:59.730 --> 00:05:02.810 and showcases the growing support for cryptocurrencies 00:05:02.810 --> 00:05:06.170 in the political arena. But it's not just politicians 00:05:06.170 --> 00:05:09.089 who are embracing Bitcoin. Even kids in El Salvador 00:05:09.089 --> 00:05:11.209 are now paying for their happy meals using Bitcoin. 00:05:11.930 --> 00:05:14.490 Yes, you heard that right. Bitcoin is becoming 00:05:14.490 --> 00:05:17.310 more and more mainstream. And this recent development 00:05:17.310 --> 00:05:20.110 exemplifies its growing acceptance as a legitimate 00:05:20.110 --> 00:05:22.810 form of payment. And speaking of El Salvador, 00:05:23.149 --> 00:05:25.709 Did you know that the country is currently experiencing 00:05:25.709 --> 00:05:28.389 the highest tourism growth in the entire Western 00:05:28.389 --> 00:05:31.089 Hemisphere? It seems like there's something special 00:05:31.089 --> 00:05:33.449 about this nation that is attracting international 00:05:33.449 --> 00:05:36.430 visitors. Could it be the government's pro -Bitcoin 00:05:36.430 --> 00:05:38.870 stance and their efforts to make El Salvador 00:05:38.870 --> 00:05:42.389 a Bitcoin -friendly destination? Well, it's definitely 00:05:42.389 --> 00:05:45.269 possible. The country's forward -thinking approach 00:05:45.269 --> 00:05:47.649 and openness to cryptocurrencies might just be 00:05:47.649 --> 00:05:50.910 paying off. Now let's talk about the price of 00:05:50.910 --> 00:05:53.399 Bitcoin. It's no secret that the cryptocurrency 00:05:53.399 --> 00:05:56.339 market can be quite volatile, and Bitcoin is 00:05:56.339 --> 00:06:00.620 no exception. Currently, Bitcoin is down 61 % 00:06:00.620 --> 00:06:04.139 from its all -time high, ATH. Despite this drop, 00:06:04.480 --> 00:06:06.720 MicroStrategy, as we mentioned earlier, keeps 00:06:06.720 --> 00:06:09.399 buying more Bitcoin. They're showing some serious 00:06:09.399 --> 00:06:11.579 conviction and faith in the long -term potential 00:06:11.579 --> 00:06:14.220 of Bitcoin. It's quite impressive to see such 00:06:14.220 --> 00:06:17.000 strong hands in the market, especially when others 00:06:17.000 --> 00:06:20.889 might be tempted to sell during a downturn. MicroStrategy's 00:06:20.889 --> 00:06:23.149 actions speak volumes about their belief in the 00:06:23.149 --> 00:06:26.129 future of Bitcoin and its ability to bounce back. 00:06:26.649 --> 00:06:28.670 In conclusion, the world of Bitcoin is always 00:06:28.670 --> 00:06:31.389 full of surprises and exciting developments. 00:06:32.129 --> 00:06:34.610 From major companies like MicroStrategy adding 00:06:34.610 --> 00:06:37.290 to their Bitcoin holdings, to kids in El Salvador 00:06:37.290 --> 00:06:40.149 using it to buy their happy meals, Bitcoin's 00:06:40.149 --> 00:06:43.000 influence and acceptance continue to grow. The 00:06:43.000 --> 00:06:45.300 recent political win of a pro -Bitcoin candidate 00:06:45.300 --> 00:06:48.439 and El Salvador's booming tourism industry further 00:06:48.439 --> 00:06:50.740 highlight the positive impact that cryptocurrencies 00:06:50.740 --> 00:06:54.199 can have. And while Bitcoin may experience fluctuations 00:06:54.199 --> 00:06:56.860 in its price, there are those like MicroStrategy 00:06:56.860 --> 00:06:59.600 who remain steadfast in their belief that the 00:06:59.600 --> 00:07:02.500 future of Bitcoin is bright. So keep an eye out 00:07:02.500 --> 00:07:04.279 for more breaking news in the world of Bitcoin 00:07:04.279 --> 00:07:06.759 as this digital currency continues to capture 00:07:06.759 --> 00:07:13.060 the imagination of people worldwide. So I stumbled 00:07:13.060 --> 00:07:15.680 upon this interesting article about buying shawarma 00:07:15.680 --> 00:07:17.939 using bitcoins lightning network in Argentina. 00:07:18.459 --> 00:07:20.839 How cool is that? It looks like escalator Bitcoin 00:07:20.839 --> 00:07:23.040 is really doing some innovative stuff over there. 00:07:23.220 --> 00:07:25.480 If you haven't heard of them, they're this awesome 00:07:25.480 --> 00:07:28.000 organization dedicated to promoting Bitcoin adoption 00:07:28.000 --> 00:07:31.100 and education. You can check them out at x .com 00:07:31.100 --> 00:07:34.660 slash sqlite btc dot. They recently shared a 00:07:34.660 --> 00:07:40.060 post link HTTPS slash x com sqlite btc slash 00:07:40.060 --> 00:07:49.199 status. about the whole shawarma buying experience. 00:07:49.779 --> 00:07:51.259 And let me tell you, it's pretty mind blowing. 00:07:51.839 --> 00:07:53.759 But before we get into the details, I couldn't 00:07:53.759 --> 00:07:55.560 help but notice something quite interesting in 00:07:55.560 --> 00:07:58.399 the post. It seems like Michael Saylor and his 00:07:58.399 --> 00:08:01.279 company MicroStrategy are really going all in 00:08:01.279 --> 00:08:04.449 on Bitcoin. Talk about dedication. They just 00:08:04.449 --> 00:08:07.069 keep accumulating more and more Bitcoin, leaving 00:08:07.069 --> 00:08:09.649 the rest of us in awe. I mean, can you imagine 00:08:09.649 --> 00:08:12.529 having that much Bitcoin? It's like they're trying 00:08:12.529 --> 00:08:15.370 to single -handedly dominate the market. Good 00:08:15.370 --> 00:08:18.629 for them, I guess. Back to the shawarma adventure. 00:08:19.189 --> 00:08:21.490 So, apparently the folks at Esquilita Bitcoin 00:08:21.490 --> 00:08:23.769 decided to take the Lightning Network for a spin 00:08:23.769 --> 00:08:27.069 and see how it performs in real -world scenarios. 00:08:27.550 --> 00:08:29.569 And what better way to test it out than buying 00:08:29.569 --> 00:08:32.379 some delicious shawarma? I mean, who wouldn't 00:08:32.379 --> 00:08:34.600 want to enjoy a mouthwatering shawarma while 00:08:34.600 --> 00:08:37.259 also embracing the power of decentralized digital 00:08:37.259 --> 00:08:40.200 currency? Now, I have to admit this episode wasn't 00:08:40.200 --> 00:08:43.220 entirely focused on Bitcoin. Michael Saylor during 00:08:43.220 --> 00:08:45.120 the discussion started talking about history 00:08:45.120 --> 00:08:47.820 and even made an interesting comparison between 00:08:47.820 --> 00:08:50.759 crypto forks and schisms within a religion. That's 00:08:50.759 --> 00:08:53.559 a pretty unique perspective, I must say. It just 00:08:53.559 --> 00:08:56.000 shows you how diverse and broad the world of 00:08:56.000 --> 00:08:58.450 cryptocurrencies can be. There's always room 00:08:58.450 --> 00:09:00.649 for interesting and unexpected discussions like 00:09:00.649 --> 00:09:03.950 this. But let's dive into the main topic, buying 00:09:03.950 --> 00:09:07.070 shawarma using the Lightning Network. It's fascinating 00:09:07.070 --> 00:09:09.889 how these innovative technologies are revolutionizing 00:09:09.889 --> 00:09:12.710 the way we make everyday purchases. Instead of 00:09:12.710 --> 00:09:15.389 digging through your wallet for cash or swiping 00:09:15.389 --> 00:09:18.210 your credit card, you can now simply scan a QR 00:09:18.210 --> 00:09:20.529 code and zap your Bitcoin across the Lightning 00:09:20.529 --> 00:09:24.070 Network. It's fast, it's secure, and it's a glimpse 00:09:24.070 --> 00:09:27.600 into the future of transactions. One interesting 00:09:27.600 --> 00:09:30.080 thing we learned from the article is that transactions 00:09:30.080 --> 00:09:33.240 on weekends usually provide the lowest fees. 00:09:34.440 --> 00:09:36.960 Isn't that great news for all the low time preference 00:09:36.960 --> 00:09:39.600 value oriented frugal individuals out there? 00:09:39.840 --> 00:09:42.259 It certainly puts a smile on my face. It's good 00:09:42.259 --> 00:09:44.179 to know that we can save a few satoshis when 00:09:44.179 --> 00:09:47.059 we choose shawarma Saturdays or Sundays. It's 00:09:47.059 --> 00:09:49.419 the little things in life, right? Now if you 00:09:49.419 --> 00:09:51.779 want to dive deeper into the dark art of Bitcoin 00:09:51.779 --> 00:09:55.159 fee estimation, Jameson Lopp has written a fantastic 00:09:55.159 --> 00:09:58.080 article on it. You can check it out at blog .lop 00:09:58.080 --> 00:10:01.460 .net. It's quite informative and gives you a 00:10:01.460 --> 00:10:03.700 detailed understanding of the challenges and 00:10:03.700 --> 00:10:07.279 intricacies of transaction fee estimation. It's 00:10:07.279 --> 00:10:09.460 not the most exciting topic for some, but for 00:10:09.460 --> 00:10:11.679 those of us who are into the nitty -gritty details, 00:10:12.100 --> 00:10:15.279 it's definitely worth a read. So, all in all, 00:10:15.840 --> 00:10:18.120 this experience of buying shawarma using the 00:10:18.120 --> 00:10:20.559 Lightning Network in Argentina is just another 00:10:20.559 --> 00:10:23.600 example of how Bitcoin and its underlying technologies 00:10:23.600 --> 00:10:26.879 are reshaping our world. It's a fun adventure, 00:10:27.240 --> 00:10:30.100 an experiment, and a step towards a more decentralized 00:10:30.100 --> 00:10:32.500 future. Who knows? Maybe one day we'll be buying 00:10:32.500 --> 00:10:34.620 everything with Bitcoin and Lightning Network 00:10:34.620 --> 00:10:38.240 from shawarma to cars to houses. The possibilities 00:10:38.240 --> 00:10:40.580 are endless. So next time you're craving some 00:10:40.580 --> 00:10:42.539 shawarma, why not give the Lightning Network 00:10:42.539 --> 00:10:45.080 a try? Who knows? Maybe you'll end up being a 00:10:45.080 --> 00:10:47.440 part of the Bitcoin revolution while enjoying 00:10:47.440 --> 00:10:50.080 a tasty meal. Talk about killing two birds with 00:10:50.080 --> 00:11:00.399 one stone, right? Hey there, Bitcoin maximalists. 00:11:00.860 --> 00:11:03.039 Let's dive right into the topic of the Lightning 00:11:03.039 --> 00:11:05.679 Network and its significance in the world of 00:11:05.679 --> 00:11:09.320 Bitcoin. So we all know that one -time transactions 00:11:09.320 --> 00:11:11.899 on the Lightning Network will eventually disappear. 00:11:12.480 --> 00:11:14.519 But hey, that doesn't mean we should turn a blind 00:11:14.519 --> 00:11:16.440 eye to the beauty of this technology, right? 00:11:17.120 --> 00:11:19.100 The Lightning Network brings with it the potential 00:11:19.100 --> 00:11:21.700 for a whole new level of efficiency. We're talking 00:11:21.700 --> 00:11:24.159 about per message transactions, which means that 00:11:24.159 --> 00:11:27.740 relays are motivated to maintain 100 % availability. 00:11:28.229 --> 00:11:30.230 In this per -message model, it doesn't matter 00:11:30.230 --> 00:11:32.690 how influential a particular relay is to users 00:11:32.690 --> 00:11:35.029 from a different part of the world. If they aren't 00:11:35.029 --> 00:11:37.309 online when you open your client or post a note, 00:11:37.750 --> 00:11:40.309 you won't be sending them any SATs. It's simple. 00:11:40.490 --> 00:11:42.649 You pay for what you use, no more and no less. 00:11:43.350 --> 00:11:45.210 And guess what? Lightning Network makes this 00:11:45.210 --> 00:11:47.740 possible. And here's some good news. Just like 00:11:47.740 --> 00:11:50.740 podcasting, 2 .0 enthusiasts have managed to 00:11:50.740 --> 00:11:53.019 split SATs with show guests, featured artists, 00:11:53.159 --> 00:11:55.559 and backend service providers, Noster can do 00:11:55.559 --> 00:11:58.200 the same. It's all about embracing the concept 00:11:58.200 --> 00:12:02.000 of value for value. Every participant in the 00:12:02.000 --> 00:12:06.279 ecosystem deserves their fair share. So let's 00:12:06.279 --> 00:12:08.899 bring this mindset to Noster as well. The more 00:12:08.899 --> 00:12:11.480 we can spread the value across the network, the 00:12:11.480 --> 00:12:14.230 better it will be for everyone. Now let's take 00:12:14.230 --> 00:12:16.769 a moment to talk about traditional banks. It's 00:12:16.769 --> 00:12:19.210 no secret that the rise of cryptocurrencies, 00:12:19.990 --> 00:12:22.750 especially Bitcoin, has put them in a tough spot. 00:12:23.610 --> 00:12:26.129 Banks are facing the reality that they might 00:12:26.129 --> 00:12:28.690 not make it in a world where Bitcoin reigns supreme. 00:12:29.190 --> 00:12:32.429 And you know what? It's not surprising. The centralized 00:12:32.429 --> 00:12:35.370 nature of traditional banking goes against the 00:12:35.370 --> 00:12:38.309 principles of decentralization that Bitcoin stands 00:12:38.309 --> 00:12:41.480 for. Bitcoin, with its open, transparent and 00:12:41.480 --> 00:12:44.620 secure infrastructure, presents a true alternative 00:12:44.620 --> 00:12:47.200 to the traditional financial system. It offers 00:12:47.200 --> 00:12:49.379 a peer -to -peer network where users can be in 00:12:49.379 --> 00:12:52.320 control of their own funds, free from the restrictions 00:12:52.320 --> 00:12:55.399 and fees imposed by banks. The power of Bitcoin 00:12:55.399 --> 00:12:58.080 lies in its ability to provide financial sovereignty 00:12:58.080 --> 00:13:01.200 to individuals around the globe. So as Bitcoin 00:13:01.200 --> 00:13:03.899 maximalists, we can confidently say that the 00:13:03.899 --> 00:13:06.360 future is bright for this digital currency. It 00:13:06.360 --> 00:13:08.639 has the potential to revolutionize the way we 00:13:08.639 --> 00:13:12.440 transact, store value, and even govern ourselves. 00:13:12.960 --> 00:13:15.840 It's a disruptive force that challenges the existing 00:13:15.840 --> 00:13:18.899 financial order and opens up new possibilities 00:13:18.899 --> 00:13:22.120 for financial inclusion. But let's not get ahead 00:13:22.120 --> 00:13:24.899 of ourselves. While Bitcoin has made significant 00:13:24.899 --> 00:13:27.580 strides, it still has a long way to go before 00:13:27.580 --> 00:13:29.779 it becomes the primary mode of exchange for the 00:13:29.779 --> 00:13:32.980 masses. We need to continue pushing for technological 00:13:32.980 --> 00:13:35.740 advancements, user -friendly interfaces, and 00:13:35.740 --> 00:13:38.480 wider adoption. The more people understand and 00:13:38.480 --> 00:13:41.440 embrace Bitcoin, the stronger it becomes. In 00:13:41.440 --> 00:13:44.039 conclusion, let's not ignore the incredible potential 00:13:44.039 --> 00:13:46.649 of the Lightning Network. Its per -message model 00:13:46.649 --> 00:13:49.929 incentivizes relays to strive for 100 % availability, 00:13:50.529 --> 00:13:53.070 which brings us closer to a truly efficient and 00:13:53.070 --> 00:13:56.549 decentralized financial ecosystem. Nostr, like 00:13:56.549 --> 00:13:59.750 Podcasting 2 .0, can adopt a value -for -value 00:13:59.750 --> 00:14:02.450 approach to ensure fair distribution of rewards. 00:14:03.450 --> 00:14:05.629 As for traditional banks, well, they might have 00:14:05.629 --> 00:14:08.350 a tough road ahead. Bitcoin's decentralized nature 00:14:08.350 --> 00:14:10.850 stands in stark contrast to the centralized systems 00:14:10.850 --> 00:14:13.710 of traditional finance. It's time for us to embrace 00:14:13.710 --> 00:14:16.269 the power of cryptocurrencies like Bitcoin and 00:14:16.269 --> 00:14:18.950 shape a financial system that is fair, transparent, 00:14:19.389 --> 00:14:21.909 and accessible to all. Keep spreading the word, 00:14:22.230 --> 00:14:24.590 Bitcoin maximalists. Together, we can bring about 00:14:24.590 --> 00:14:27.250 a new era of financial freedom. Hash Bitcoin. 00:14:30.730 --> 00:14:33.230 Hey there. Worried about the security of your 00:14:33.230 --> 00:14:36.429 private keys on Nostr? Well, I totally get your 00:14:36.429 --> 00:14:39.350 concern, but let me just put it out there. You've 00:14:39.350 --> 00:14:41.269 already entrusted your credit card information 00:14:41.269 --> 00:14:43.809 to numerous websites without even batting an 00:14:43.809 --> 00:14:46.769 eye. And let's not forget about how freely you 00:14:46.769 --> 00:14:48.789 share your private data on platforms like Facebook 00:14:48.789 --> 00:14:52.789 and TikTok. So don't fret too much. Now, if you're 00:14:52.789 --> 00:14:54.750 still feeling a bit uneasy, I've got a suggestion 00:14:54.750 --> 00:14:57.389 for you. Check out NSECE Bunker. It's a great 00:14:57.389 --> 00:14:59.750 platform that provides an extra layer of security 00:14:59.750 --> 00:15:02.169 for your private keys. You can give it a try 00:15:02.169 --> 00:15:04.250 by creating a new test account with a new client. 00:15:04.690 --> 00:15:07.649 Problem solved. See, it's not that complicated 00:15:07.649 --> 00:15:10.389 after all. Let's dive a little deeper into Nostr. 00:15:10.789 --> 00:15:13.970 So, what does Nostr even stand for? Well, it 00:15:13.970 --> 00:15:16.110 stands for notes and other stuff transmitted 00:15:16.110 --> 00:15:19.669 by relays. But wait, what exactly is Nostr? It's 00:15:19.669 --> 00:15:22.350 actually a simple and open protocol that allows 00:15:22.350 --> 00:15:25.070 for truly censorship -resistant and global value 00:15:25.070 --> 00:15:27.570 -for -value publishing on the web. Think of it 00:15:27.570 --> 00:15:31.250 like HTTP or TCPIP, but specifically designed 00:15:31.250 --> 00:15:33.870 for decentralized publishing. Here's the thing, 00:15:33.929 --> 00:15:36.710 though. Nostr itself is not an app or service 00:15:36.710 --> 00:15:39.620 that you sign up for. Instead, it's an open standard 00:15:39.620 --> 00:15:42.919 upon which anyone can build. The beauty of Nostr 00:15:42.919 --> 00:15:46.080 lies in its simplicity, enabling anyone to publish 00:15:46.080 --> 00:15:48.320 content on the web without worrying about censorship 00:15:48.320 --> 00:15:51.299 or centralized control. It's all about empowering 00:15:51.299 --> 00:15:53.519 individuals to share their ideas and creations 00:15:53.519 --> 00:15:56.639 freely. If you want to learn more about Nostr, 00:15:56.980 --> 00:16:00.340 I recommend checking out nostr .how. There, you'll 00:16:00.340 --> 00:16:02.620 find all the information you need to get started. 00:16:03.080 --> 00:16:05.820 So, go ahead and explore the possibilities of 00:16:05.820 --> 00:16:08.460 this amazing protocol. Alright, that's it for 00:16:08.460 --> 00:16:11.299 today's episode. Remember to like share and subscribe 00:16:11.299 --> 00:16:13.539 to our podcast for more insightful discussions 00:16:13.539 --> 00:16:16.179 Until next time stay curious and thank you for 00:16:16.179 --> 00:16:28.399 tuning in In this episode we discussed a new 00:16:28.399 --> 00:16:31.360 section of the Bitcoin Street Journal featuring 00:16:31.360 --> 00:16:33.559 recollections from the managing editors early 00:16:33.559 --> 00:16:37.179 days in the computer field MicroStrategy's continued 00:16:37.179 --> 00:16:40.059 accumulation of Bitcoin, the growth of Bitcoin 00:16:40.059 --> 00:16:42.919 adoption in El Salvador, the benefits of the 00:16:42.919 --> 00:16:45.139 Bitcoin Lightning Network, and Noster's offerings 00:16:45.139 --> 00:16:47.960 for secure key storage and decentralized publishing. 00:16:49.100 --> 00:16:51.059 Thank you for tuning in to the Bitcoin Street 00:16:51.059 --> 00:16:53.980 Journal Bitcoin Market Update, your go -to source 00:16:53.980 --> 00:16:56.720 for daily live Bitcoin market updates, current 00:16:56.720 --> 00:17:00.159 Bitcoin technical analysis, BTC price fluctuations, 00:17:00.960 --> 00:17:04.079 market capitalization, and market supply. 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