Trying to choose which color tile to use for the backsplash... Kitchen cabinets and countertop are locked in.
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"text": "Trying to choose which color tile to use for the backsplash... Kitchen cabinets and countertop are locked in."
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Today the crew hung the picture rails everywhere. It will eventually be painted the same color as the walls. I'm looking forward to never having to punch holes in the walls again!
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"text": "Today the crew hung the picture rails everywhere. It will eventually be painted the same color as the walls. I'm looking forward to never having to punch holes in the walls again!"
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{
"type": "entry",
"published": "2025-02-18T05:51:01+00:00",
"url": "https://cleverdevil.io/2025/-the-cleverdeck-is-alive-enclosure-design-underway",
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"text": "\u00a0\n\n\u00a0",
"html": "<a href=\"https://cleverdevil.io/2025/-the-cleverdeck-is-alive-enclosure-design-underway\"></a>\n \n <p>\u00a0</p><p>\u00a0</p>"
},
"author": {
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"name": "Jonathan LaCour",
"url": "https://cleverdevil.io/profile/cleverdevil",
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},
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"_id": "43937043",
"_source": "10"
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"type": "entry",
"author": {
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},
"url": "https://jaredwhite.com/links/20250217/gosh-darn-those-face-eating-leopards",
"published": "2025-02-17T22:10:23-08:00",
"content": {
"html": "<blockquote>\n <h2><a href=\"https://newrepublic.com/post/191614/trump-supporters-regret-vote\"></a></h2>\n\n <p>\u201cWhen we said safer borders, I thought he was thinking \u2018let\u2019s stop the drugs from coming into the country,\u2019\u201d Trump voter Staci White said. \u201cI didn\u2019t know he was going to start raiding places. Now I\u2019m like: \u2018Dang, why didn\u2019t I just pick Kamala?\u2019\u201d</p>\n\n</blockquote>\n\n<p><a href=\"https://www.youtube.com/shorts/9LtSMVzCJ6Y\">Sing it with me:</a></p>\n\n<p>\ud83c\udfb6 <strong>I never thought the leopards would eat my face!</strong> \ud83c\udfb6</p>\n\n<p>Look, it\u2019s easy (and more than a little cathartic) to make fun of these people who voted for Trump\u2014not talking about in 2016 or even 2020 <em>but in 2024 for Pete\u2019s sake!</em>\u2014and then are simply flabbergasted and dumbfounded that <strong>Trump has gleefully gone to war with his own people for personal gain and unchecked power</strong>.</p>\n\n<p>But I also think it\u2019s worth noting that we are in the midst of <strong>an all-out information war</strong>. In the link directly above, the farmer claims he was told Project 2025 wasn\u2019t actually Trump\u2019s platform. And in the quoted article, the woman says she didn\u2019t know Trump planed on conducting raids.</p>\n\n<p>Guess what? <strong>I believe them!</strong> And while I won\u2019t lose any sleep over them being ridiculed online for their horrible taste in <a href=\"https://jaredwhite.com/tag/politics\">#politics</a>, I do think <em>we should be putting the vast majority of our efforts</em> into combatting this scourge of misinformation and disinformation that caused Kamala Harris to lose the 2024 election. Yes, that is my contention: her loss was <em>almost entirely due</em> to <strong>hundreds of millions of Americans being repeatedly and outrageously lied to</strong>. I\u2019m not implying I think the Trumpy MAGA base is misinformed (they\u2019re truly the bad guys), but I\u2019m saying the people who are considered \u201cmoderate\u201d or not super engaged in politics at all got fed a steaming pile of horseshit.</p>\n\n<p>If the Democratic Party and progressive activists/journalists/policy-makers can\u2019t get a real and lasting handle on this war before the next national election, I fear it may be too late to turn this ship around. <strong>The window of positive change is narrowing rapidly.</strong> And the time to act was yesterday.</p>",
"text": "\u201cWhen we said safer borders, I thought he was thinking \u2018let\u2019s stop the drugs from coming into the country,\u2019\u201d Trump voter Staci White said. \u201cI didn\u2019t know he was going to start raiding places. Now I\u2019m like: \u2018Dang, why didn\u2019t I just pick Kamala?\u2019\u201d\n\n\n\nSing it with me:\n\n\ud83c\udfb6 I never thought the leopards would eat my face! \ud83c\udfb6\n\nLook, it\u2019s easy (and more than a little cathartic) to make fun of these people who voted for Trump\u2014not talking about in 2016 or even 2020 but in 2024 for Pete\u2019s sake!\u2014and then are simply flabbergasted and dumbfounded that Trump has gleefully gone to war with his own people for personal gain and unchecked power.\n\nBut I also think it\u2019s worth noting that we are in the midst of an all-out information war. In the link directly above, the farmer claims he was told Project 2025 wasn\u2019t actually Trump\u2019s platform. And in the quoted article, the woman says she didn\u2019t know Trump planed on conducting raids.\n\nGuess what? I believe them! And while I won\u2019t lose any sleep over them being ridiculed online for their horrible taste in #politics, I do think we should be putting the vast majority of our efforts into combatting this scourge of misinformation and disinformation that caused Kamala Harris to lose the 2024 election. Yes, that is my contention: her loss was almost entirely due to hundreds of millions of Americans being repeatedly and outrageously lied to. I\u2019m not implying I think the Trumpy MAGA base is misinformed (they\u2019re truly the bad guys), but I\u2019m saying the people who are considered \u201cmoderate\u201d or not super engaged in politics at all got fed a steaming pile of horseshit.\n\nIf the Democratic Party and progressive activists/journalists/policy-makers can\u2019t get a real and lasting handle on this war before the next national election, I fear it may be too late to turn this ship around. The window of positive change is narrowing rapidly. And the time to act was yesterday."
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I watched a video about the book 1001 Albums You Must Hear Before You Die and someone built a web app to help you listen to them all with a daily recommendation. I think I’ll give it a shot as part of my #TodaysAlbum project.
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"text": "I watched a video about the book 1001 Albums You Must Hear Before You Die and someone built a web app to help you listen to them all with a daily recommendation. I think I\u2019ll give it a shot as part of my #TodaysAlbum project.",
"html": "<p>I watched a video about the book <a href=\"https://youtu.be/4AHQBBUPt-w\">1001 Albums You Must Hear Before You Die</a> and someone built a web app to help you listen to them all with a <a href=\"https://1001albumsgenerator.com/\">daily recommendation</a>. I think I\u2019ll give it a shot as part of my #TodaysAlbum project.</p>"
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"url": "https://jaredwhite.com/20250216/not-a-conspiracy-theory",
"published": "2025-02-16T19:17:24-08:00",
"content": {
"html": "<p>My kids are with me every other weekend. My youngest sort of just tunes out anything news-related, but my teen is a news junkie and always wants me to \u201cspill the tea\u201d. And let me tell you: the top stories being covered by <strong>DNN</strong> (Daddy News Network) these days are <strong>friggin\u2019 nuts</strong>. \ud83d\ude35\u200d\ud83d\udcab</p>\n\n<p>Every time I\u2019m having to catch my teen up on a mere fraction of what\u2019s been going on in the past ~12 days, it\u2019s hard for me to believe the words spilling out of my mouth. It all sounds <em>batshit crazy</em>. I feel like I\u2019m spouting off insane conspiracy theories. It sounds like speculative fiction written in a fever dream by an author who\u2019s been dropping acid much too frequently.</p>\n\n<p><strong>Department of Government Efficiency</strong>, or D.O.G.E, because <em>DOGE</em> ha ha get it? ha ha. That doesn\u2019t sound like real life. That sounds like something you\u2019d come across in a particularly screwy episode of <em>Helluva Boss</em>.</p>\n\n<p>\u201cAccidentally\u201d firing hundreds of people overseeing the <strong>NUCLEAR ARSENAL</strong> of the United States of America\u2026and then struggling to figure out <em>HOW TO CONTACT SOME OF THEM TO UN-FIRE THEM??!!?!</em></p>\n\n<p>This wouldn\u2019t even end up in a work of fiction. The editor would take a red pen to it because this stuff\u2019s not only far too outlandish, it sounds stupidly stupid and dumb, dumb, dumb. <em>So dumb.</em></p>\n\n<p>I keep telling my teen this isn\u2019t <a href=\"https://jaredwhite.com/tag/politics\">#politics</a> as usual under any circumstances. <strong>I apologize, over and over again, that they\u2019re coming of age</strong> in an age of sheer lunacy, idiocy, and fashy buffoonery\u2026that the optimism of youthful Millennials believing they were ushering in a 21st Century filled with technological wonders, abundant resources, and pluralistic freedom in a spirit of inclusion had quickly\u2014shockingly\u2014given way to, well, the usual suspects of the dregs of history: <strong>Greed. Lust for power. The strong preying on the weak. Mass propaganda. Regressivism.</strong></p>\n\n<p>Astonishingly, my teen isn\u2019t phased. They\u2019ve been through a lot already. You have no idea (and I don\u2019t feel it\u2019s my story to tell). But they\u2019re resilient, they\u2019re <strong>out</strong>, and oh yeah they\u2019re proud\u2014they were born a <em>fighter</em>.</p>\n\n<p>Yes I\u2019m a dad who is absolutely in awe of his children, and as a result my perspective is rapidly shifting. I no longer feel like I\u2019m in this fight to restore dignity, secular humanism, and the rule of law to America because that\u2019s what I desire for myself\u2014I\u2019m in this fight for my <a href=\"https://jaredwhite.com/tag/family\">#family</a>. <strong>My kids deserve better than the world we\u2019re handing them.</strong> And I\u2019d better close with that because if I keep going <em>the tears they will flow</em>.</p>\n\n<p><strong>Don\u2019t give up. RESIST.</strong> \u270a</p>",
"text": "My kids are with me every other weekend. My youngest sort of just tunes out anything news-related, but my teen is a news junkie and always wants me to \u201cspill the tea\u201d. And let me tell you: the top stories being covered by DNN (Daddy News Network) these days are friggin\u2019 nuts. \ud83d\ude35\u200d\ud83d\udcab\n\nEvery time I\u2019m having to catch my teen up on a mere fraction of what\u2019s been going on in the past ~12 days, it\u2019s hard for me to believe the words spilling out of my mouth. It all sounds batshit crazy. I feel like I\u2019m spouting off insane conspiracy theories. It sounds like speculative fiction written in a fever dream by an author who\u2019s been dropping acid much too frequently.\n\nDepartment of Government Efficiency, or D.O.G.E, because DOGE ha ha get it? ha ha. That doesn\u2019t sound like real life. That sounds like something you\u2019d come across in a particularly screwy episode of Helluva Boss.\n\n\u201cAccidentally\u201d firing hundreds of people overseeing the NUCLEAR ARSENAL of the United States of America\u2026and then struggling to figure out HOW TO CONTACT SOME OF THEM TO UN-FIRE THEM??!!?!\n\nThis wouldn\u2019t even end up in a work of fiction. The editor would take a red pen to it because this stuff\u2019s not only far too outlandish, it sounds stupidly stupid and dumb, dumb, dumb. So dumb.\n\nI keep telling my teen this isn\u2019t #politics as usual under any circumstances. I apologize, over and over again, that they\u2019re coming of age in an age of sheer lunacy, idiocy, and fashy buffoonery\u2026that the optimism of youthful Millennials believing they were ushering in a 21st Century filled with technological wonders, abundant resources, and pluralistic freedom in a spirit of inclusion had quickly\u2014shockingly\u2014given way to, well, the usual suspects of the dregs of history: Greed. Lust for power. The strong preying on the weak. Mass propaganda. Regressivism.\n\nAstonishingly, my teen isn\u2019t phased. They\u2019ve been through a lot already. You have no idea (and I don\u2019t feel it\u2019s my story to tell). But they\u2019re resilient, they\u2019re out, and oh yeah they\u2019re proud\u2014they were born a fighter.\n\nYes I\u2019m a dad who is absolutely in awe of his children, and as a result my perspective is rapidly shifting. I no longer feel like I\u2019m in this fight to restore dignity, secular humanism, and the rule of law to America because that\u2019s what I desire for myself\u2014I\u2019m in this fight for my #family. My kids deserve better than the world we\u2019re handing them. And I\u2019d better close with that because if I keep going the tears they will flow.\n\nDon\u2019t give up. RESIST. \u270a"
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{
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📗 Want to read How to Do Nothing: Resisting the Attention Economy by Jenny Odell ISBN: 9781612198552
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"summary": "\ud83d\udcd7 Want to read How to Do Nothing: Resisting the Attention Economy by Jenny Odell ISBN: 9781612198552",
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Chase sends 8-digit 2fa SMS codes, which seems excessive compared to the 6 that most other places use, but even weirder is that the first digit of them has always been the same, effectively making it a 7 digit code. Anyone know what's up with that?
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"text": "Chase sends 8-digit 2fa SMS codes, which seems excessive compared to the 6 that most other places use, but even weirder is that the first digit of them has always been the same, effectively making it a 7 digit code. Anyone know what's up with that?"
},
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{
"type": "entry",
"published": "2025-02-15T15:35:40-08:00",
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"syndication": [
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"name": "at Kayo's Ramen Bar",
"author": {
"type": "card",
"name": "Aaron Parecki",
"url": "https://aaronparecki.com/",
"photo": "https://aperture-media.p3k.io/aaronparecki.com/41061f9de825966faa22e9c42830e1d4a614a321213b4575b9488aa93f89817a.jpg"
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"checkin": {
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"name": "Kayo's Ramen Bar",
"latitude": "45.550467",
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"url": "https://foursquare.com/v/57410985498e33efb7e381b3"
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{
"type": "entry",
"published": "2025-02-13T13:05:00-08:00",
"url": "https://aaronparecki.com/2025/02/13/11/snow",
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"content": {
"text": "First snow of the year!"
},
"author": {
"type": "card",
"name": "Aaron Parecki",
"url": "https://aaronparecki.com/",
"photo": "https://aperture-media.p3k.io/aaronparecki.com/41061f9de825966faa22e9c42830e1d4a614a321213b4575b9488aa93f89817a.jpg"
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{
"type": "entry",
"published": "2025-02-11T16:00:00-08:00",
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"content": {
"text": "The painters finished!"
},
"author": {
"type": "card",
"name": "Aaron Parecki",
"url": "https://aaronparecki.com/",
"photo": "https://aperture-media.p3k.io/aaronparecki.com/41061f9de825966faa22e9c42830e1d4a614a321213b4575b9488aa93f89817a.jpg"
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Got even more snow overnight!
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"text": "Got even more snow overnight!"
},
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{
"type": "entry",
"published": "2025-02-14T12:19:06-08:00",
"url": "https://beesbuzz.biz/blog/14261-Clarifying-what-I-mean-by-projects",
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{
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"url": "https://jaredwhite.com/links/20250213/dont-watch-this",
"published": "2025-02-13T19:12:14-08:00",
"content": {
"html": "<blockquote>\n <h2><a href=\"https://www.youtube.com/watch?v=XQP5HMR9o7A\"></a></h2>\n\n <p>They say quality over quantity. I say <strong>no quality, no quantity</strong>.</p>\n\n<p>I truly believe that <strong>inspiration is a myth</strong>. Everyone\u2019s always trying to optimize, get better, achieve things, have a happier life\u2026I think <strong>flip that</strong>. Do the opposite.</p>\n\n<p>I was always inspired by my low moments\u2014crying in bed\u2014and realizing I think somebody else wants to <strong>feel this way too</strong>.</p>\n\n</blockquote>\n\n<p>This video by <strong>Chris Hau</strong>, well-known photography YouTuber and \u201cinfluencer\u201d, is brilliantly done. A <em>masterclass</em> in <a href=\"https://jaredwhite.com/tag/creativity\">#creativity</a>, you might say.</p>",
"text": "They say quality over quantity. I say no quality, no quantity.\n\nI truly believe that inspiration is a myth. Everyone\u2019s always trying to optimize, get better, achieve things, have a happier life\u2026I think flip that. Do the opposite.\n\nI was always inspired by my low moments\u2014crying in bed\u2014and realizing I think somebody else wants to feel this way too.\n\n\n\nThis video by Chris Hau, well-known photography YouTuber and \u201cinfluencer\u201d, is brilliantly done. A masterclass in #creativity, you might say."
},
"name": "Link: \u201cI hope you don't watch this\u201d",
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{
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"published": "2025-02-13T11:47:10-08:00",
"url": "https://beesbuzz.biz/blog/10610-Still-looking-for-work-queue-management-stuff",
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"work",
"contracting",
"software",
"requests needed"
],
"name": "Still looking for work queue management stuff",
"author": {
"type": "card",
"name": "fluffy",
"url": "https://beesbuzz.biz/",
"photo": "https://beesbuzz.biz/static/headshot.jpg"
},
"post-type": "article",
"_id": "43890631",
"_source": "2778"
}
{
"type": "entry",
"author": {
"name": "Jared White",
"url": "https://jaredwhite.com/",
"photo": null
},
"url": "https://jaredwhite.com/20250212/two-months-into-daily-blogging",
"published": "2025-02-12T18:35:55-08:00",
"content": {
"html": "<p><strong>PSYCH!</strong> \ud83d\ude1c</p>\n\n<p><a href=\"https://jaredwhite.com/20241207/daily-blogging-in-2025\">I announced back on December 7</a> I\u2019d be daily blogging throughout 2025, and then <a href=\"https://jaredwhite.com/20250104/first-four-weeks-of-daily-blogging\">on January 4</a> I offered an initial assessment as to how things were going (as I\u2019d actually started right then and there in December as a trial balloon).</p>\n\n<p>Here\u2019s what I think now, two months in:</p>\n\n<p><strong>I love it! But I wish I\u2019d given myself a \u201cget out of blogging free\u201d card I could use once, perhaps twice a month.</strong></p>\n\n<p>The Good: the imperative that <em>I simply must do it</em> every day solves a ton of scheduling headaches. No need to keep track of when I last posted or when I should post next if it\u2019s every day like clockwork! And the drive to have to do this frequently means I\u2019ve covered a much wider range of topics than I might have otherwise.</p>\n\n<p>The Bad: like I said, I do wish I\u2019d given myself the occasional \u201cout\u201d. Every now and then, when I am ill or extremely tired or life just gets in the way, I\u2019d love to be able to say \u201coh well, better luck next time\u201d instead of having to half-ass cobble something together at the last minute (and I mean <em>literally like 11:59 at night</em> on an occasion or two!).</p>\n\n<p>I think, when this challenge is over, I\u2019ll come up with a system along those lines. Yet the core habits I\u2019m forming now \u2014 <a href=\"https://jaredwhite.com/tag/writing\">#writing</a> on a daily basis come hell or high water \u2014 will serve me well long into the future.</p>\n\n<p>While I work during the day as a web programmer, I consider myself first and foremost a <strong>web publisher</strong>. This is my calling in life, even if it\u2019s not my principal vocation, and it feels ever more true as time passes. Some day, my career as a programmer may draw to a close. But writing? <strong>I\u2019ll keep doing that until such day the breath leaves my body.</strong></p>",
"text": "PSYCH! \ud83d\ude1c\n\nI announced back on December 7 I\u2019d be daily blogging throughout 2025, and then on January 4 I offered an initial assessment as to how things were going (as I\u2019d actually started right then and there in December as a trial balloon).\n\nHere\u2019s what I think now, two months in:\n\nI love it! But I wish I\u2019d given myself a \u201cget out of blogging free\u201d card I could use once, perhaps twice a month.\n\nThe Good: the imperative that I simply must do it every day solves a ton of scheduling headaches. No need to keep track of when I last posted or when I should post next if it\u2019s every day like clockwork! And the drive to have to do this frequently means I\u2019ve covered a much wider range of topics than I might have otherwise.\n\nThe Bad: like I said, I do wish I\u2019d given myself the occasional \u201cout\u201d. Every now and then, when I am ill or extremely tired or life just gets in the way, I\u2019d love to be able to say \u201coh well, better luck next time\u201d instead of having to half-ass cobble something together at the last minute (and I mean literally like 11:59 at night on an occasion or two!).\n\nI think, when this challenge is over, I\u2019ll come up with a system along those lines. Yet the core habits I\u2019m forming now \u2014 #writing on a daily basis come hell or high water \u2014 will serve me well long into the future.\n\nWhile I work during the day as a web programmer, I consider myself first and foremost a web publisher. This is my calling in life, even if it\u2019s not my principal vocation, and it feels ever more true as time passes. Some day, my career as a programmer may draw to a close. But writing? I\u2019ll keep doing that until such day the breath leaves my body."
},
"name": "Two Months into Daily Blogging and I Hate It",
"post-type": "article",
"_id": "43882922",
"_source": "2783"
}
Finally ran out of the August/September batch so time to make some more habanero sauce! This was about one pound of habaneros and made 16 bottles!
{
"type": "entry",
"published": "2025-02-12T20:52:12-08:00",
"url": "https://aaronparecki.com/2025/02/12/11/habanero",
"category": [
"habanero",
"cooking",
"365"
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"photo": [
"https://aperture-media.p3k.io/aaronparecki.com/49abb2409a7cdff337fa2d78a4394887806d12650b3949fd88929167263c5100.jpg"
],
"content": {
"text": "Finally ran out of the August/September batch so time to make some more habanero sauce! This was about one pound of habaneros and made 16 bottles!"
},
"author": {
"type": "card",
"name": "Aaron Parecki",
"url": "https://aaronparecki.com/",
"photo": "https://aperture-media.p3k.io/aaronparecki.com/41061f9de825966faa22e9c42830e1d4a614a321213b4575b9488aa93f89817a.jpg"
},
"post-type": "photo",
"_id": "43882327",
"_source": "16"
}
Didn't do much other than the livestream today and prepping a video to publish tomorrow. Oh, and lots and lots of sorting files on my giant stack of hard drives.
{
"type": "entry",
"published": "2025-02-09T11:00:00-08:00",
"url": "https://aaronparecki.com/2025/02/09/11/",
"category": [
"365",
"livestream"
],
"photo": [
"https://aperture-media.p3k.io/aaronparecki.com/539b033f084a2edc6d8c0d8a48ce2fd936adac99571f941156e16d8abc41332b.jpg"
],
"content": {
"text": "Didn't do much other than the livestream today and prepping a video to publish tomorrow. Oh, and lots and lots of sorting files on my giant stack of hard drives."
},
"author": {
"type": "card",
"name": "Aaron Parecki",
"url": "https://aaronparecki.com/",
"photo": "https://aperture-media.p3k.io/aaronparecki.com/41061f9de825966faa22e9c42830e1d4a614a321213b4575b9488aa93f89817a.jpg"
},
"post-type": "photo",
"_id": "43869963",
"_source": "16"
}
{
"type": "entry",
"author": {
"name": null,
"url": "https://herestomwiththeweather.com/",
"photo": null
},
"url": "https://herestomwiththeweather.com/2025/02/11/bitcoin-science/",
"published": "2025-02-11T17:28:01+00:00",
"content": {
"html": "<p><img src=\"https://coffeebucks.s3.us-east-1.amazonaws.com/elsalvador5.png\" alt=\"El Salvador Bitcoin Adoption\" /></p>\n\n<p>Bitcoin failed. J.P. Koning notes in <a href=\"https://jpkoning.blogspot.com/2025/02/the-end-of-el-salvadors-bitcoin.html\">The end of El Salvador\u2019s bitcoin payments experiment</a>:</p>\n\n<pre><code>But here was a government that was going to champion the stuff, nullifying all of the headwinds against bitcoin in one stroke! The government meddling hypothesis would be put to test.\n\nThe Salvadoran government used a combination of sticks and carrots to kick-start adoption. First, let's list the carrots. The capital gains tax on bitcoin was set to zero to remove the hassle of buying stuff with bitcoin. The government also built a bitcoin payments app, Chivo, for all El Salvadoreans to use. (Chivo also supports U.S. dollar payments.) Anyone who downloaded Chivo and transacted with bitcoin would receive a $30 bitcoin bonus\u2014that's a lot of money in El Salvador. Gas stations offered $0.20 off of a gallon of gas for customers who paid with the app. People could also use Chivo to pay their taxes with bitcoin.\n\nThe biggest carrot was zero-transaction fees. Any payment conducted with Chivo was free, as was converting bitcoins held in the Chivo app into U.S. dollars and withdrawing cash at Chivo ATMs. These Chivo ATMs were rolled out across El Salvador and in the U.S., too, to encourage the nascent U.S.-to-El Salvador bitcoin remittance route. Bitcoin ATMs are usually incredibly pricey to use, but in El Salvador the government would eat all the transaction fees. What a fantastic deal.\n\nAs for the stick, Bukele introduced a forced-tender rule. Beginning in 2021, businesses were required to accept the orange coin or be punished. This was costly for them to comply with. They would have to update point of sale software, signage, train employees, and set up new processes for handling bitcoins post-sale.\n\nBy all rights, this combination of sticks and carrots should have led to a flourishing of bitcoin payments. But it didn't.\n</code></pre>\n\n\n<p>Koning concludes:</p>\n\n<pre><code>The saddest thing about El Salvador's bitcoin experiment is that all sorts of time and resources have been wasted. El Salvador is not a rich country. The money spent on building and operating Chivo, compliance by businesses, bitcoin signage, and subsidies could have been better deployed on more important things like health and education. One hopes that other countries learn from this experience and avoid going down the same route that El Salvador did.\n</code></pre>",
"text": "Bitcoin failed. J.P. Koning notes in The end of El Salvador\u2019s bitcoin payments experiment:\n\nBut here was a government that was going to champion the stuff, nullifying all of the headwinds against bitcoin in one stroke! The government meddling hypothesis would be put to test.\n\nThe Salvadoran government used a combination of sticks and carrots to kick-start adoption. First, let's list the carrots. The capital gains tax on bitcoin was set to zero to remove the hassle of buying stuff with bitcoin. The government also built a bitcoin payments app, Chivo, for all El Salvadoreans to use. (Chivo also supports U.S. dollar payments.) Anyone who downloaded Chivo and transacted with bitcoin would receive a $30 bitcoin bonus\u2014that's a lot of money in El Salvador. Gas stations offered $0.20 off of a gallon of gas for customers who paid with the app. People could also use Chivo to pay their taxes with bitcoin.\n\nThe biggest carrot was zero-transaction fees. Any payment conducted with Chivo was free, as was converting bitcoins held in the Chivo app into U.S. dollars and withdrawing cash at Chivo ATMs. These Chivo ATMs were rolled out across El Salvador and in the U.S., too, to encourage the nascent U.S.-to-El Salvador bitcoin remittance route. Bitcoin ATMs are usually incredibly pricey to use, but in El Salvador the government would eat all the transaction fees. What a fantastic deal.\n\nAs for the stick, Bukele introduced a forced-tender rule. Beginning in 2021, businesses were required to accept the orange coin or be punished. This was costly for them to comply with. They would have to update point of sale software, signage, train employees, and set up new processes for handling bitcoins post-sale.\n\nBy all rights, this combination of sticks and carrots should have led to a flourishing of bitcoin payments. But it didn't.\n\n\n\nKoning concludes:\n\nThe saddest thing about El Salvador's bitcoin experiment is that all sorts of time and resources have been wasted. El Salvador is not a rich country. The money spent on building and operating Chivo, compliance by businesses, bitcoin signage, and subsidies could have been better deployed on more important things like health and education. One hopes that other countries learn from this experience and avoid going down the same route that El Salvador did."
},
"name": "Bitcoin Science",
"post-type": "article",
"_id": "43869433",
"_source": "246"
}