Play Something Country - Brooks & Dunn


They have to be part of your Dad EDC


It’s even worse for me with fountain https://image.nostr.build/02d3992d1576f2c5a9f48ca6a74d69541fe8d16dbd7ffdd7ae6a158327c92b44.jpg


Woke thinking along the same line.

#NotOneMoreDay

Trump could sart saying this and force the Biden administration to either get Ross out now or risk the Democrat Party to look like assholes for a decade.

#FreeRoss nostr:note1kfzf2uqqhgu7c04hl0s4tek6m39t9dj9t9pgundq8mxnl2ak8nyqk9dhss


GM


#Bitcoin just got a call out on PBD


It’s really hard to take Tucker seriously with that Trump painting in the background 😂 https://image.nostr.build/8e3ea28160db980c5eddb1feaadc802db22b84676acef7a698492d969c18bf2e.jpg


#zapathon https://image.nostr.build/9639ad0c50b4bda8b03523f7686eaa46bd3694116494c176d5b3a2cf25ea7dee.jpg


#FREEROSS nostr:note1ftj3p8nq2tyltpxycnd5r96s657q3y3fa6vd28zn2tjlmsm87r5qqnsje9


#FREEROSS

nostr:note14tk2z653swd8xvzraf48n5zcn8krgcrdqm2xgy7d457ff2jxvtmsqe0yzw


I may have already texted a friend, but he’s already a bitcoiner


Is this the God Candle we’ve been promised? New ATH!


Fair enough, there’s probably a lot more productive stuff we could both be doing anyway


I absolutely agree that if Biden didn’t print as crazy as he did price inflation wouldn’t be as high.
My point is just that Trump should also be blamed for a lot of it, especially what happened shortly after Biden took office. The effect (price inflation), is delayed as the new money works its way through the markets. In Trump’s last year the deficit was the highest it has ever been.


Trump signed the $2T Covid package  and the deficit increased every year under him. I’m not saying Biden or whoever is in charge didn’t continue these inflationary policies, and his energy policy also made it worse, but Trump is also responsible for a lot of the inflation. https://image.nostr.build/249f7e9bdda3ce1b3c1b541aad049b9a2622b015ce13626bfdf56ca6c99a78ea.jpg


While I’m still planning to vote trump for other reasons, most of the money printing that caused the price inflation you are showing was done by trump. Biden did continue it though


Just got the audio on my end, my AirPods were doing something weird.
I’d guess it’s what I just mentioned. There’s also the chance the wrong caliber worked its way in somehow, but I wouldn’t expect that


The audio isn’t coming through for me on multiple clients so I can’t really tell what’s going on from the video, but it could be that something got between the follower and the baseplate where the spring is. You could try emptying the magazine then taking it apart by removing the baseplate.
If you’ve never done that before there should be some sort of button on the bottom (you might need some sort of tool like a screwdriver that fits to push it in), push that in and slowly slide the baseplate forward. Be careful not to let the spring shoot everything across the room though 😂


500 sats zapped for reposting this film.

It is very important film that everyone should see.

Also, copy a link to repost on X or Facebook as a comment to this post and I will zap you another 500 sats

https://rumble.com/v4krzak-climate-the-movie-the-real-truth.html


#justiceforpeanut nostr:note1f8uxr9xk05ynm7jfpkf3ckrj95wzp2ncyzhcmrjtt6rkm42362ask7uq99


Peanut is the Harambe of 2024. https://image.nostr.build/8a857cb50268a0d9395f59c905c1a679976d1c3d95abc206dfdd4bd1f8f9fb93.jpg  nostr:note1m0uaysp056enq6zgm3tsensds8h7ucdtzphtg3r529hz9vnn70qsxffvf6


I never really started drinking and maybe just have one or two every couple months. I’ll admit I don’t post much though


Just don’t tell HBO about me, I don’t want a bunch of reporters showing up at my door


Exactly


I burned all my keys, so no one would believe me. I don’t want all of nostr to make memes comparing me to CW


I’m Satoshi


It will also remove a lot of the microplastics from your water, so the whole costs isn’t going to removing the fluoride


I had the same thought as I was listening to it 😂


Happy reformation day and whitepaper day!


#Bitcoin #meme #memes https://image.nostr.build/703089b32228e768f958e4eb1dd1b0376515ab4dca3748d2f3a309a46c199079.jpg


Should I…
A) Stay Humble
B) Text my family member back that asked if I was selling because it didn’t seem to be breaking $70k


Gay


Right before that was a bunch of memes and plotting pranks 😂


RELAYS HAVE EVOLVED!

Nostr relays have evolved beyond their initial role as dumb pipes or simple databases. Today, the Nostr ecosystem is home to a variety of specialized relays, each offering unique functionalities.

What unique relays exist on Nostr? Here are a few:

wss://gm.swarmstr.com - A relay for GMs only
wss://catstrr.swarmstr.com - Cat pics and content about cats
wss://questions.swarmstr.com - A questions only relay
by  nostr:npub178umpxtdflcm7a08nexvs4mu384kx0ngg9w8ltm5eut6q7lcp0vq05qrg4

wss://eyes.f7z.io - notes with the 👀 emoji only
wss://140.f7z.io - 140 character max notes, like Twitter's old policy
by  nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft

wss://algo.utxo.one - a new type of algorithm based relay
This type of relay category is very new, but will grow over time.
by  nostr:npub1utx00neqgqln72j22kej3ux7803c2k986henvvha4thuwfkper4s7r50e8

And then we have WoT relays or relays that operate with a Web-of-Trust, brining less spam to users in a more trusted and safer environment. Here are several WoT relays:

wss://wot.utxo.one
wss://nostrelites.org
wss://wot.nostr.party
wss://wot.sovbit.host
wss://wot.girino.org
wss://relay.lnau.net
wss://wot.siamstr.com
wss://relay.lexingtonbitcoin.org
wss://wot.azzamo.net
wss://wot.swarmstr.com
wss://zap.watch
wss://satsage.xyz
wss://wons.calva.dev
wss://wot.zacoos.com
wss://wot.shaving.kiwi
wss://wot.tealeaf.dev
wss://wot.nostr.net
wss://relay.goodmorningbitcoin.com

To fully leverage these relay advancements, we now need new sets tools that can make the most of these new features. It's time for relay management and relay explorers to take on a more prominent role within our clients. These tools can help users discover, explore, and even rate relays, encouraging greater decentralization of content on Nostr. This also opens up exciting new opportunities for how users find, engage with, and share information in new and unique ways.


Starting to get texts from family about #Bitcoin https://image.nostr.build/db0b65d93ba10b4a10c00318bd5ff35a9ac2f5f9f8da6469a39e42da5b36d259.jpg


I identify as a paranoid crypto anarchist.


PEOPLE WHO DO NOT SELF CUSTODY BITCOIN, THERE IS A NAME FOR THEM, WE CALL THEM POOR.


Wake up babe, Nvidia just casually dropped a 70B model that beats GPT-4o and Claude 3.5 Sonnet.

And it's fucking open source.

Try it: https://build.nvidia.com/nvidia/llama-3_1-nemotron-70b-instruct

Or

https://huggingface.co/chat/models/nvidia/Llama-3.1-Nemotron-70B-Instruct-HF

Or

MLX (image attached) https://i.nostr.build/i1fzvP7zYW8yyNVU.png


This is the official #Bitaxe 601 Gamma giveaway!

How to enter:
•Like this post
•Share this post.
•Follow us on NOSTR.

What you’ll receive:
•1- Bitaxe 601 Gamma.
•1- 5V, 6A power supply.
•1-Solo Satoshi Bitaxe stand.
•1- Bitaxe “Anarchy” t-shirt.
•1- Limited Edition PEZ dispenser.

This package will be shipped anywhere in the world completely free of charge.

•One winner will be randomly picked 72 hours from the time this is posted.

The winner has 24 hours to claim the reward. If the package is not claimed, another person will be randomly picked.

#Bitcoin #SoloSatoshi #BTC
https://m.primal.net/KxAL.jpg
https://m.primal.net/KyfE.jpg
https://m.primal.net/KxAM.jpg
https://m.primal.net/LWjz.jpg
https://m.primal.net/LWkB.jpg


Let’s go!


Dang that’s crazy! Keep us updated how it goes


The Atlantic is gay and retarded


I wish I could find a woman who believes in me as much as nostr:nprofile1qqstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtccu0ggt believes in the pear stack


Thanks for the tips nostr:npub1lrnvvs6z78s9yjqxxr38uyqkmn34lsaxznnqgd877j4z2qej3j5s09qnw5! This was a really fun episode of nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8  to listen to with you and nostr:npub1tvqc82mv8cezhax5r34n4muc2c4pgjz8kaye2smj032nngg52clq0rkrq4 https://image.nostr.build/c99f8f50fbab35826531c162436a69a93abf2221a46ac067b96d52afd6fc98b1.png


BOTH!


Just remember, there are two types of countries. Those who use the metric system, and those who have been to the moon (allegedly lol)


CATHIE WOULD T-SHIRTS & HOODIES ARE LIVE 🔥🔥🔥

GET YOU ONE! 🙌

SLEEPY X nostr:npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5 X nostr:npub1lqpuy5pgpce04rw48sdvp5khfm60j3d5vv8ufugdp97jt59rlhasry9h3r COLLAB 🥳

SHIRTS https://proofofink.com/product/cathie-would/

HOODIES https://proofofink.com/product/cathie-would-hoodie/


I promised, if #Bitcoin dumps to $60,000 I will give $10,000 BTC to 5 people
So as promised I will be giving away $10,000 to 5 person today.
Rules: like, retweet, follow me with A
* If you're not following, you will be disqualified.
Proof will be posted in 24 hours
Doing this for my community #btc #eth
https://m.primal.net/LJKj.jpg


I had no idea how bad it was until finding out that my friends in Asheville haven't been in contact with anyone since 7:30AM.

We suspect they are ok and we know that my best friend is out with the search and rescue crew in the area, but his wife is at home with a small baby without power and hopefully with enough supplies to make it through. But the whole area in Western NC looks awful and we have no idea how long before they can even be reached. I've tried to collect as much as I can quickly for what's going on.

Blowing Rock and Boone, NC have been hit seriously bad, we literally go there every year, its one of our favorite places in the world.

Chimney Rock has been essentially wiped out and there is still danger of the Lure Lake dam breaking, but so far it seems to have held even though the water is flowing over it. I haven't heard anything new from that and hopefully the biggest danger is past now.

My friend's parents are trapped in Black Mountain, NC (not far from Asheville) but we've gotten word from them they the road has been destroyed and they are trying to figure out how to get to my friend's wife and get out, but it seems there are no roads accessible. It's all just an asstounding mess.

A lot of these places literally have just one or two roads in and out of them, and it seems like main accesses all over the place have just been decimated. Praying for these guys.

There is a gofundme that is specifically regarding efforts in Boone for anyone who wants to donate. If you zap these posts I'll pay it forward to them if you want to use sats.

https://www.gofundme.com/f/help-support-our-group-of-five-family?attribution_id=sl:27c6e1cf-9175-47ae-8813-e9b8d62202fb&utm_campaign=man_sharesheet_ft&utm_medium=customer&utm_source=copy_link

These are images and video from Asheville:

https://v.nostr.build/rAfJzec2eIpHuVbl.mp4

https://v.nostr.build/jyZmxtbW1y1YyDhq.mp4

https://i.nostr.build/uaUY2hH46LrtFGWr.jpg

https://i.nostr.build/TR5TnJq2EsQRjaV8.jpg

https://i.nostr.build/vwXaS9ccuKAk0z8d.jpg

https://i.nostr.build/ycyYP82jx8wh8jbS.jpg

https://i.nostr.build/L5oBchZVs8lGJOY4.jpg


---=== COMUNICADO OFICIAL ===---

Alby mobile is here.
Please welcome in your appstores, on your phones...

👩🚀🐝 ALBY GO 👩🚀🐝

https://youtu.be/DXrhVNeLDZU

The easiest mobile bitcoin lightning wallet.

Connect multiple wallets and nodes; use it with  nostr:npub19hg5pj5qmd3teumh6ld7drfz49d65sw3n3d5jud8sgz27avkq5dqm7yv9p budgets, subaccounts, share with friends & family; pay for coffee or honey...
 - all within the slickest interface, on your phone.

SEND, RECEIVE, GO!  🚀

https://m.primal.net/LCFz.png

#getAlbyGo

🥇This is the first multi-wallet interface to NWC-enabled lightning nodes and wallets in mobile appstores.

Works with #AlbyHub,   nostr:npub1aghreq2dpz3h3799hrawev5gf5zc2kt4ch9ykhp9utt0jd3gdu2qtlmhct,  nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll,  nostr:npub1pzerv8rqqvhk82y85axa3t3yxr8rdqnea03zlmk5crsne509esqqw0x463,  nostr:npub1h2qfjpnxau9k7ja9qkf50043xfpfy8j5v60xsqryef64y44puwnq28w8ch,  nostr:npub1kvaln6tm0re4d99q9e4ma788wpvnw0jzkz595cljtfgwhldd75xsj9tkzv and any node embracing Nostr Wallet Connect 😎

The experience is... comfortably simple - we all essentialy need this to perform two main features: SEND and RECEIVE.

But there is more...
- Address book
- Currency conversion
- Multiwallet
- QR scanner hyperspeed 3.0
- Dark/light theme

... and perhaps some future (reasonable ;) features that open source contributors suggest or help building. The code of #AlbyGo is naturally open - for scrutiny and contributions 💙

https://github.com/getAlby/go

🐝🚀 Alby is continuously on a mission: To make bitcoin usable everywhere.

Now, use your sats on the go.
And... it looks and feels great on your phone!

----------

Little astronaut bee is waiting for you.
On your iOS App Store, Google Play and  nostr:npub10r8xl2njyepcw2zwv3a6dyufj4e4ajx86hz6v4ehu4gnpupxxp7stjt2p8

Get Alby Go.


Let’s go!
Dindjarin@fountain.fm


Hello Nostr. We're giving you two ways you can stack extra sats on Fountain this week:

Double Rewards
Get a 2x earnings multiplier when listening to podcasts until Oct 1.

100k Sats Giveaway
Repost and drop your Fountain Lightning Address below to enter👇

🔗 fountain.fm/download

https://m.primal.net/LBpG.png


Sorry for the super long post in your feeds. Does anyone know how to post it in the format that shortens the post unless you click through it?


I sent the Peter Schiff vs. nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle  debate to my dad last week as part of my ongoing effort to orange pill him. He came away agreeing with Schiff and we had a discussion in the car about it. I didn’t do the best job then so I’m about to follow up with this to address his main points. I thought some of you guys might like to read it to help with your orange pilling.

Just use a crypto that is backed by gold

While using a gold-backed crypto would be better than what we have now, it still leaves several issues that go back to the original problems with gold, which ultimately led us to where we are today. For a cryptocurrency to be backed by gold, the gold would need to be stored in a vault by whoever issues the currency. Since not everyone would trust a single issuer, there would likely be multiple issuers, each storing their own gold.

Also, there’s no reason that these would need to be a cryptocurrency at all because blockchains are extremely inefficient for data storage, as every node in the network needs to store the entire chain. Issuers of gold-backed crypto would likely end up functioning like traditional banks instead of using a blockchain. If they wanted transparency, they could just implement cryptography, addresses, and public transaction records—features that don’t require a blockchain to be effective. At this point, we’re essentially back to a system of banking on a digital gold standard, with digital versions of banknotes.

But this brings us right back to the same vulnerabilities that existed before. What’s to stop governments from following the same path they did in the early 20th century? First, they’d centralize these banks to one federal bank that issues the banknotes, then they’d quietly reduce the gold backing, and then they’d outright abandon it, as they’ve done in the past. To avoid repeating history, we need something that’s decentralized, easily auditable, and censorship-resistant. Gold-backed cryptos fail in this regard because they still rely on centralized custodians. Bitcoin, on the other hand, solves this by eliminating the need for trusted third parties altogether.

What if someone makes a “better Bitcoin?”

For any new version of Bitcoin to replace what we have today, it would need to be a huge improvement to justify the switch. Bitcoin already has an estimated 106 million users, and convincing that entire network to shift to a new system would be a huge challenge. Hypothetically though, let’s say a new crypto emerged that scaled better and was more private than Bitcoin (probably the two biggest weaknesses today). These improvements would inevitably come with trade-offs. For instance, increased privacy would result in reduced verifiability, and better scalability would likely lead to greater centralization since more data would need to be stored on each node to process the additional transactions.

Even if someone found a way to achieve these improvements without compromising on other fronts, they could still be implemented into Bitcoin itself. If the changes were compatible through a soft fork (where the network remains intact and backward-compatible), you could start running that code on your own node without needing to leave the existing network. In the rare case that a hard fork (non-compatible upgrade) would be required, both versions of Bitcoin would continue to exist after the fork. You’d retain the original Bitcoin as well as the new version (for example, if you held 0.5 Bitcoin before the fork, you would now own 0.5 Bitcoin on both the old and new versions after the fork). This way, upgrades could be implemented without completely losing the network effect that Bitcoin has built up over the past 15 years, though a hard fork would naturally be more difficult to pull off.

Bitcoin’s layered approach to scaling further diminishes the likelihood of a new crypto overtaking it. By offloading transactions onto secondary layers like the Lightning Network, Bitcoin can improve efficiency and scalability without sacrificing the decentralization and security of its base layer.

In the end, it’s extremely unlikely that some new crypto would come along that’s better than Bitcoin in ways that can’t be implemented into Bitcoin itself. Even if one did, it would need to be such a drastic improvement that the entire network would see value in making the shift, which becomes less likely as Bitcoin continues to grow and improve.

What if the government bans Bitcoin?

First off, this is extremely unlikely because they’ve just approved ETFs for BlackRock (and several others). Do you really think they’re going to turn around and hurt BlackRock by banning Bitcoin, causing them to lose a ton of money? Second, since Bitcoin is inherently censorship-resistant, enforcing a ban would be extremely difficult. Bitcoin operates in a decentralized, global network where transactions are validated and recorded by nodes all over the world.

Even if a government attempted to ban Bitcoin, it’s just math and communication. Using Bitcoin is nothing more than coming up with a random number, doing some math, and then broadcasting that information. If you were to ban Bitcoin, you’d essentially be banning these basic actions, which could have massive implications beyond just targeting Bitcoin. Gigi explains this well in his article here.

There are also real-world examples of how banning Bitcoin is ineffective. Take China, for instance. Despite repeated attempts to ban it, Bitcoin use continues there through peer-to-peer networks and other decentralized tools. The decentralized nature of Bitcoin makes it nearly impossible for any single government to shut down entirely.

In the end, even if a government were to ban Bitcoin, it would only drive usage underground and reinforce the very reason Bitcoin was created: to be a censorship-resistant, decentralized form of money that governments can’t control.

A money needs to be a commodity first

While it’s true that many forms of money throughout history were initially commodities, it’s not a strict requirement for something to function as money. What really matters is that the money is widely accepted, trusted, and maintains value over time. Take the example of the giant limestone stones used on the Micronesian island of Yap. These stones didn’t have any practical use as a commodity—no one was building with them or crafting tools from them—but they were used as money because they were scarce and recognized as a store of value by the community. The fact that they held value was based on social consensus, not because they had intrinsic commodity utility.

Bitcoin functions similarly in this respect. Its value doesn’t come from being a physical commodity, but from its properties as a decentralized, scarce, and secure digital asset. Unlike commodity money, Bitcoin doesn’t rely on physical characteristics to hold value—it relies on the network and the protocol that enforces its fixed supply and censorship resistance. People trust Bitcoin not because it can be used for something else, but because it offers unique advantages as a medium of exchange and store of value that no commodity-based system can provide.

Bitcoin is a speculative asset, not a money

This really depends on how you define money. Bitcoin fits the key properties of money—durable, portable, fungible, verifiable, divisible, and scarce—better than anything else in history. This makes it as close to perfect money as we’ve ever had. If you’re saying Bitcoin has to currently fulfill all or some of the three roles of money (store of value, medium of exchange, and unit of account) to be considered money, then I’d ask where you draw the line for something to be considered money with regards to it’s usage in these roles?

Millions of people are already using Bitcoin as a store of value, and many are using it as a medium of exchange whenever possible. Sure, fewer people are using it as a unit of account right now, but that doesn’t disqualify it from being money. Historically, the adoption of money is a gradual process. Take the U.S. dollar, for example. While it’s the dominant global currency today, its transition from a simple domestic money to becoming the world’s reserve currency took decades. It didn’t instantly assume the role of a global unit of account; it was a slow and steady process as more countries, businesses, and individuals adopted it over time.

In comparison, Bitcoin is moving at a much faster pace, it’s already being used for transactions globally and is recognized as a store of value by many people in just over a decade. It just doesn’t feel like it’s being used as much as it is because it’s not constrained to one geographical location, but there are already an estimated 100 million users. Bitcoin is already fulfilling the roles of money to a small, but growing, degree. If your definition of money depends on how much it’s used in all three functions, then Bitcoin is in the process of becoming money and we’re simply early in the adoption curve.

“It might make sense just to get some in case it catches on.” -Satoshi Nakamoto, 2009

*The original draft of this response was written entirely by me, then I had SatoshiGPT by nostr:npub1tayp5jjjfqx4ufukxqamsl28wd5pggvteqe6u9n3svjn62lfr0hsp89l42 help me to refine the writing and to critique my arguments. Finally, I read through the whole thing and edited it as I saw fit to avoid repetition and make the arguments more relevant to my response.


Happy to be the first one! Welcome to nostr!


Since this meme was just made illegal in California, I feel it would be an injustice not to post it on #nostr where ti can breathe the free internet air.

This is a perfect example of pure, unstoppable Streisand Effect 🤣

By MrReagan on X
https://v.nostr.build/PMV1ixx1gjMCJ6YD.mp4


Solo Satoshi is pledging to give away the very first #Bitaxe Gamma that we receive on the NOSTR platform!!!

Like, share, and follow us!

1.2 TH/s of raw desktop power. You don’t want to miss this! We’re decentralizing #Bitcoin mining together!
https://m.primal.net/KqLu.jpg


I love the zap animations in Nostur!
https://nostrcheck.me/media/2cd228da0cfd218a31cbd08f118fdbd8841eef459afa23f5870ed655fdf5da05/0abf0a281ac617a3723f374fc672b878c86136ad1fb14a4c3a6a5f4a1aa4b010.webp


I’ve been primarily been using Damus, but nostr:npub1lrnvvs6z78s9yjqxxr38uyqkmn34lsaxznnqgd877j4z2qej3j5s09qnw5 convinced me to try Nostur. Does anyone know if there’s a way I can zap from Nostur? Also is there any easy way to import my mute list from Damus into other clients? #asknostr


If I was old enough then I probably would’ve…now you’ve got me running counterfactuals in my head for if I would’ve been a libertarian/anarchist had I grown up then lol


The o stands for other, so it’s Nuh-Stir 😂


You beat to that by like 15 seconds 😂


Trump did bring up 21 million though


Just got “Russia”


Hello all!
I’m a family Physician with over 2 decades of clinical practice. Husband, Father & Farmer!!
#introductions
https://m.primal.net/KmGY.jpg


When I win 3.125 #Bitcoin (minus fees), everyone who likes and boosts this post gets 1 million sats.

To decentralizing the hashrate, one BitAxe at a time!

😎

https://image.nostr.build/7e46885aac58ff0695ad7d44957ea542268f13045816e0a73f346ed3f064276b.jpg


Introducing the #NostrElites relay based on my Web of Trust! Who can write to this relay? Anyone in my WoT can write to this relay. My WoT includes people I follow and who they follow. No more spam.

wss://nostrelites.org


Nice! Where I’m at in SoCal it’s still 110 rn 😂


Love it!

https://fountain.fm/track/K93V4xppg2UdOdzlsGfN

nostr:nevent1qvzqqqpxquqzqwappxhne4hene6hmkdg5g9t3we9mdu355gtfjmenczm0vununfy85hfj4


10 years from now, when #Bitcoin is at $58k, people will call you “lucky” for buying it at $58k today.


Let’s go, thanks nostr:npub1hee433872q2gen90cqh2ypwcq9z7y5ugn23etrd2l2rrwpruss8qwmrsv6 for building this! https://media.tenor.com/eMfypFBqNbcAAAAC/drake-hyped.gif


Testing Gif buddy https://media.tenor.com/vMmrEcFQv_IAAAAC/bart-simpson.gif


Oh ffs... HOW IS THIS ON INVESTING.COM??

THIS IS WHAT HAPPENS WHEN PEOPLE ARE STUPID AND AI WRITES ARTICLES.

JUST FOLLOW  nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8 AND STUDY #BITCOIN AND STOP FALLING FOR MY GENIUS VIRAL MARKETING JOKES.

DON'T TRUST, VERIFY.https://m.primal.net/KIoG.jpg


I seem to be having the same issue, even after deleting and re-linking. It initially says it was successfully linked then says this https://image.nostr.build/a616f5f9d39891326a98e8d64999661015d52bc13017710e10c0baac50f8a21d.jpg


Welcome to Nostr!!


Hello Matt, thanks for all you do!  I'm now using Nostr because of you, so naturally you are my first post.


He had this blog post on his website (linked in his bio) explaining what he did to get that many followers https://ron.stoner.com/I_Gained_1_Million_Followers_in_24_Hours/


Welcome to nostr! 🤙


NFT Professional Collector


ALSO DONT FORGET TO ZAP

VALUE IS THE ALGORITHM

WE ARE THE ALGORITHM

FEEL THE ALGORHYTHM nostr:note1sgq8urpf5vh3kzw7ajtcfxnpl0luqxmajpm8zmy67xjne2da2vjqml2sxw


In n out is the perfect fast food cheeseburger and it isn’t even close.

East coasters in heavy denial over this one.


Something I’m rather firm on is that if you have the ability to make children and you do not. You are in 99.99% if circumstances making a gigantic mistake.

Children make life worth living.

Children provide instant meaning to life.

They inspire planning and care about the future.

They increase joy.

They make life novel and exciting again.

They’re innovative, surprising and imaginative.

They reflexively shape us as we attempt to shape them into better versions of themselves/ourselves.

If you have children and they have children you will be increasingly surrounded by life as you grow old.

If you do not, you will be surrounded by death as everyone you know slowly dies.

You will never regret having kids.

You will certainly regret not having them.

If you have kids you are honoring the sacrifice and suffering your ancestors had to endure by passing the torch forward.

If you do not you are dishonoring them by wasting your life on the meaningless pursuit of your own pleasure.

These are very strongly held immutable beliefs for me.


I'm looking for a few people to help beta test Fountain's new nostr integration - ideally you already use Fountain but not a strict requirement!

Please DM me if you're interested and repost for visibility!

#asknostr


This content has been flagged for Nudity or Sexual Content.


I’m a little behind, but this debate has been a lot less entertaining since Bidens drugs kicked in. They must have given it to him right before he walked on #debate


Welcome to nostr!


Welcome! Great to have you here!
You might want to check out #grownostr


GM 🤙


Whatever you do,

DO NOT DOWNLOAD THIS BOOK ON **HOW TO MAKE HOMEMADE FIREARMS** FROM THE LINK BELOW.

Note: It is ILLEGAL in most countries--including the US--to construct a fully automatic (i.e. machine gun) like the Luty, unless significant modifications are made to ensure it is a legal, semi-automatic firearm. The legality may also vary depending on the specific state and local laws.

Again, do your own research. I am providing this information for educational purposes only.

#cybersecgirl

https://i.nostr.build/Vw7Kv.jpg

https://archive.org/details/expedient-homemade-firearms-volume-ii-the-32-and-380-machine-pistol-p.a.-luty

A quote from P. A. Luty @ https://thehomegunsmith.com/

"My own view is that the gun not only belongs in the hands of the agents of the state (they can never be disarmed) but in the hands of the people as a whole. This is the surest way of maintaining the correct balance of power between state and citizen."


#nostr
https://image.nostr.build/a9fd19706378c84781ea6ce5ef4ce5916c87b077715040c148e65eaff55f195a.jpg


Never knew it until now, but this is my dream car.

And its High Class White Trash if you dont mind😂

nostr:nevent1qqs2hupvuldnfspgy9ga9yn7xqhyx4z68s4esvk2e7kkltstpzsagscpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzp8z40cjnyy7py75xuvel7qwf7yhkxzge2lh6lkrc6gs2pcktzxf7qvzqqqqqqyqfpwec


May 2023 was my first post…I was read only before that


Yeah, I need to get off it too tbh


Thanks! I’ll definitely send that to him


Nice! This guys on iOS and in the US so I needed something that would work here


Thanks! I’ll keep that in mind for non iOS users. This guys got an iPhone though


Does anyone know of a good intro to #nostr podcast episode? I’ve got a friend who I just got using lightning for the first time and I’m gonna try and get him on #nostr next. All the podcasts I’ve been able to find seem geared towards people who are already on #nostr. #asknostr


I onboarded a friend to #lightning and #cashu recently with the nostr:npub1dx5q2el8nd4eh3eg9t2e25fd7zuqg7zxz6ldkc3uzgh66ss2yc6st288sj  wallet by paying him back for #pizzastr on Wednesday. He’s been in ₿itcoin and crypto for a while, but had only heard of lightning from me. I thought having something custodial but KYC free would be the best move so he wouldn’t need to worry about channels yet, and eNuts seemed like the best compromise even though the cashu stuff might complicate things a little for him. What’s everyone else’s favorite onboarding wallets? #asknostr #BItcoin


Worth a shot lol. I’m surprised he actually spent a decent chunk of time responding to me #politics #Bitcoin
https://m.primal.net/IJHJ.jpg
https://m.primal.net/IJHK.png


Welcome!


👀
https://video.nostr.build/e01d0ce0e250a4bf751567558069a50c4739192bc6a1e900e8efd44c3e47e6ed.mp4


 https://image.nostr.build/74658f935d4c3e9035459d12140e4dc46822f653026281d656b8526ad9441620.jpg
Ok, here's my CRAZY idea:

There is a service that allows you to put any photo or video on a nearly 100 foot tall Time Square Billboard for 15 seconds, you can see live or they send you a video through a camera there when it's done.

I thought it would be fun/funny to add a Nostr video like the ones I make, it wouldn't be for any serious advertising just for fun.

Posting costs $60 and making and adding the video takes time, but if this note somehow gets 100k sats (about $60 USD), I will make the video, add it, and upload the replay video to Nostr when done. If it doesn't get the full funds within 24 hours, I will do my best to refund everyone.

I of course will not add anyone unless they say they want to be in it.

#Plebchain #AskNostr $boost


Boost this note if you miss nostr:npub19mduaf5569jx9xz555jcx3v06mvktvtpu0zgk47n4lcpjsz43zzqhj6vzk


Looks legit lol https://image.nostr.build/c812c607a633a9583b0553d8ffa286b386fe2335e132a205a017e61154109125.jpg


Damus


In case you're local, #Pleb.🫂😆
(DM me if you are?🙏🏻🫂😄)
👇👇👇👇👇👇👇👇👇
 https://image.nostr.build/b2a07e432c57663a809373cfd2a83acc35156d3d4f9bca7702dc3c7ccea5a101.jpg
Let's build a local, circular economy!
#economy #bitcoin #freedom #privacy #property #security #trade #p2p #ownership #FBI-lies #agorism #v4v


Do any #nostr clients have a way to block certain hashtags? There’s a few profiles that I would like to follow for their ₿itcoin content and memes, but I don’t want to see their occasional NSFW stuff in my feed. Especially if I’m trying to show off #nostr to a friend. If I could block the hashtags for my own feed that has this content it would let me filter this stuff out. #asknostr


#grownostr nostr:note19aernqeypaq33l5jnd8l6lyt36cvpc0g03ggqvl95ysawkr6xn9qd9ttd0


Apparently CO2 is bad because it helps plants grow now lol https://news.ucr.edu/articles/2024/04/17/co2-worsens-wildfires-helping-plants-grow


Is that a gen 1 Prius? I drive the same car


I’m going to be giving a talk for #UCRiversides #YoungAmericansforLiberty chapter today on #Bitcoin and #Nostr this afternoon. This will be my first time doing something like this, but hopefully I’ll onboard a few new folks!  Any zaps I get today up to the meeting I’ll forward to the attendees that set up a profile. If there’s anyone in the area you should join! #UCR #YAL https://image.nostr.build/05151bcdc2eab9855248ca568e5e06256cb96d6c41ce7e4ca9fefdceeede740d.jpg


30 Minute #Zapathon at Halving?


#Bitcoin is money controlled by no one, and available to everyone.

Happy Halving Day!

https://m.primal.net/HxOA.mov


Looks like I was able to get this working again, sort of. It says I'm connected to 9-11 relays, but only shows that I have 100 followers (and even Jack only about 40, so it has to be a data gap), and very few notes on timelines (with obvious gaps even for hugely active accounts). Relay.damus.io never seems to pass me any data (0kb both up and down) to me, which j assume is due to my connection coming via Tor, but honestly I don't know. I'm connecting using Amethyst, if anybody sees this and has any ideas—what's the best, biggest relay for Tor users right now?

Secondly, and most importantly for anyone who sees this note, please make some noise to try and stop the passage of RISAA (the FISA 702 reauthorization) that's about to hit law as soon as this Friday. Please read about it and push it out on all of your socials, if you agree it's a problem. It's going to be hard to stop this thing, even with all hands.

Whoever sees this, thank you for hearing me. https://image.nostr.build/b5731965f417b631e9ea74c27ce4d5f9bb91f9e2a96fefb1547146266ab89fb5.jpg


Just learned about a molecule/ligand used in inorganic chemical synthesis that’s abbreviated #btc I feel like there’s some good memes that could be made with this knowledge #chemistry #bitcoin https://image.nostr.build/37cdce84f338621247c573cdd81baaeb3a13709f3d75134affc579475c85332b.jpg https://image.nostr.build/461a43f995e1af8d7078cb204c6ddca7c6c4482404f1db3a742946f8f9020b5b.jpg https://image.nostr.build/461a43f995e1af8d7078cb204c6ddca7c6c4482404f1db3a742946f8f9020b5b.jpg


As great as Bitcoin is, Jesus is greater.

To know and serve the living God is the meaning of life. Money is a means toward that end, no more.

#Jesus #Bitcoin

nostr:note1t8en7smklkwfuztzf5f0aunl457ln2ctcdlmyzzc25dted2w98rq8s5rka


This is Aladdin Ross, master of the rugs.

If you do not repost this note and send it to 20+ people, you will face 10 years of bad luck filled constant rugging (the bad kind), shotgun KYC, and restrictions on how you can spend your money.

(All zaps will be forwarded to Aladdin as tribute) https://image.nostr.build/3d0ada1a559050d63cc39f53b5d28cb7e3ae5f7ffe8e61cdf5c40a15bd0f45b4.jpg


nostr:note1hqwe5rxwfuka9hyws9d735r86yylgmce4rfyxajpdmwlzn3078kq3wvc75 https://image.nostr.build/353e573e3c06c8ad4f06d6586a00178bc1f6ac96dd87eb554ad874396faf9c15.jpg


Austrian economics just got a call out at #ufc300


I want to #zap you 2,100 Sats!

Good morning #nostr! It has been about a month since I joined and I'm loving "Self-Soverign Social".

My challenge has been connecting with like minded folks, which is surprising because if we are both here on nostr we likley share at least an interest in decentralization and #bitcoin.

So I want to try a little experiment this morning. I have just under 500,000 sats or about $350 in my  nostr:npub1flm9yc3vhc3dj036pn3ysl5xwd4f5gyhyjnn9rzehs5mqe9y9ynq6qrg9q account, I want you to help me empty it!

Please follow me (if you are not already) and share this post and I'll zap you 2,100 sats until I run out or have to leave the office. It's about 8:45AM EDT, and I'll be zappin' until at least 3PM (or until I'm broke).

In theory this should yield about 235 paid engaugements, which will hopefully amplify my presance here and help me connect with some like minded folks.

Lets see how it works out, I'll share my results!

https://m.primal.net/HuGx.png


Cashu Zap support, maybe an integrated cashu wallet would be cool too


I have no idea what’s going on with #danstr or how it started, but this looks fun


DanDjarin

Just a simple man trying to make his way through the galaxy


Never. I just zapped you on chain with the lightning bolt button


Wait, I thought this was satire until I started clicking through the links on the page 😂


Announcing the latest innovation from Damus Labs: Nut Zaps

https://cdn.jb55.com/s/nut-zapper-6000-small.mp4


Hell yea man! we gotta fight for our freedom! Here's my small contribution to get more people on our side, feel free to share: https://m.primal.net/HnUB.mp4


He is risen indeed!


GM, He is risen!


Some question whether #Zapathon lost its appeal, or worse yet, gone for good….

We merely lacked a foe.

nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg / nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 we are coming

Prepare thyselves…
https://media1.tenor.com/m/8bj3zL8hSE4AAAAC/braveheart-mel-gibson.gif


That sounds cool, I’ll need to check it out


#zapathon
https://m.primal.net/HnXi.jpg


Did nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg crash already? #zapathon


Nooo! I’m going to be driving during the #Zapathon enjoy these I guess

https://m.primal.net/HnUg.jpg
https://m.primal.net/HnWq.jpg
https://m.primal.net/HnUW.jpg
https://m.primal.net/HnUc.jpg
https://m.primal.net/HnWr.jpg
https://m.primal.net/HnWs.jpg


Let’s gooo ⚡


#zapathon in 24 min!
Comment and boost this post and I'll zap you 2100 sats!

Get your free #bitcoin before zapathon starts!
 https://image.nostr.build/a659ae0d9c19750e1123d69e16f59692728c05d3f976bd4b0abf08ca0771134e.gif


Post memes with the hashtag #zapathon and zap everyone else that does it. Quantity of zaps is more important than their value


#zapathon
https://m.primal.net/HnUg.jpg


#zapathon
https://m.primal.net/HnUc.jpg


I wasn’t ready for the last #Zapathon but I’ve got time to kill and memes to post now


#zapathon
https://m.primal.net/HnUY.jpg


#zapathon
https://m.primal.net/HnUW.jpg


Mining via reposts


1 Sat for everyone who Reposts and replies!


#100pushups for the day done


This worked for me, then I realized I only had one sat in it from when I was testing withdrawals lol


First 100 people who repost this will get total of 10,000 No-KYC sats.

#Bitcoin and #Nostr are winning.

Early reposts will get more.


every comment within 24 hours
gets 2121 sats
NO double comments allowed
feel free to share


#100pushups done
2 sets of 50 today


You guys are making me feel classy in my 2002 Prius (yes, they exist). It has a touchscreen but I still need to use an aux cord and adapter to listen to podcasts


Definitely an underrated use case! I think the reason most Americans don’t think about that is that we’ve had it good for so long we can’t picture it


I sent this to my Dad who I’m working on orange pilling still and who told me about the argument in that podcast, thought you guys might like it


I listened to the Kieth Weiner POTP interview today, and I feel like he didn’t really give that much to support his argument against ₿itcoin, just that it’s volatile, called it a speculative asset, and that people often justify moves in the market after the fact with some made us stuff that sounds right and may or may not be true.
	As far as ₿itcoin and gold being speculative assets, monetary goods always trade at a premium to their utility so I would classify them more as a monetary good more than a speculative asset. As Robbie mentioned though, the reason the ₿itcoin maxis hodl ₿itcoin is because they think that it will eventually become the next global reserve currency since it is the best at the 7 properties of money (Durable, Portable, Fungible, Verifiable, Divisible, Scarce, established history, and censorship-resistant).
	As far as if it is money now, the three uses of money (store of value, medium of exchange, and unit of account) can be used to gauge that. Right now it’s only really being used as a store of value, and to a very limited degree a medium of exchange, so it is in the monetization process. It would be expected with any new money (or technology) undergoing monetization that its value would fluctuate a lot because of hype and disillusionment, but that it would eventually stabilize. Monetary transitions typically take several decades so it won’t happen right away, but then everything seems to happen faster in modern history so it might happen sooner than we think.
	It’s worth noting that there have been scenarios, usually in countries experiencing very high inflation, where multiple forms of money are used for the different roles. Even right now in America, the dollar by itself isn’t used as a store of value for long periods of time since everyone knows it is losing value, people instead turn to stocks, bonds, real estate, gold, etc., it’s why stocks and real estate trade way above their utility or P/E ratios. Because of inflation, everyone is essentially forced to become an investor!


I was going to say A, then when I read the other comments saying it’s stuck I realized that was right


#100pushups done 💪
New record time
1st set 63, 2nd set 37. Finished in less than 2 min 17 sec


I missed my #100pushups the last few days because I was sick, so I just did 400 today to make up for it while listening to Creed on repeat the whole time 💪


Just placed one of these in a pretty high traffic area! If anyone recognizes this location and goes here regularly dm me so we can meet up 🤙nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4
https://m.primal.net/Hjuh.jpg


#zapathon
https://m.primal.net/Hiij.jpg


You don’t need to ask permission to do a #zapathon 🤣🤣🤣


#zapathon ⚡
https://m.primal.net/Hiig.jpg


nostr:npub19nfz3ksvl5sc5vwt6z83rr7mmzzpam69ntaz8av8pmt9tl04mgzs3vh920
#negr0art #zapathon
 https://image.nostr.build/b3442b691255ab672177eec8bd4dca595afa9d21de8304bdb270d84e4961f6c7.jpg


Nice!


#zapathon ⚡
https://m.primal.net/Hiif.jpg


#zapathon ?!⚡⚡


69k within the next 7h or I zap everyone who boosts this lovely Pepe Morning Coffee
https://image.nostr.build/ac85e1081c4812a2a99223426ab85da4934fc3ce0f18de3ba143614f607beb89.jpg


We're giving away a BLOCKCLOCK mini from nostr:npub1wu4aye7ll0lnrrg638e90sehzsgpzx5t39t3mwl05aa0d0ap08esdz3vw0

This awesome #Bitcoin art piece can show you live stats from the Bitcoin network. See things like block height, sats per dollar, mempool fees, and much more!

How to Enter:

1. Boost / repost this note
2. Follow nostr:npub1kns8r25ppwc2vpsv5cvhlpk94nfad76k64pkdzfnn704th2hmcksgq3582

We'll pick 1 random winner on January 31 and announce it here on #Nostr
https://bitcoin.rocks/img/nostr/giveaway-blockclock-mini-jan-24-2024.png


Thanks!


Does anyone know why my nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg in app iOS wallet won't let me receive sats anymore? I recently drained it all the way and when I went to refill it I got this message. #asknostr
https://m.primal.net/HYPP.png


I just sent this text to my Dad to try and explain why #Bitcoin is better than gold or a gold backed currency. Let’s see how it goes

“The argument I had earlier against gold was that it’s expensive and slow to transport and verify its purity/authenticity. This naturally leads to banking and gold-backed bank notes becoming the medium of exchange, especially when business deals and information are traveling at the speed of light like we have today. I’m pretty sure Rothbard talked about how these notes from competing banks would trade at the relative discount compared to the trust in the bank actually having the money. Since it’s inconvenient to have to keep track of a bunch of different types of bank notes, people will naturally gravitate to using the few most accepted banks, which leads to centralization and eventually (by government decree) central banking. If someone wants to trade their notes for the underlying gold it’s still expensive to transport and verify, and slow to actually get the gold, so no one will do it unless they are really sure there is a problem (this holds even with a lot of competing banks). It also opens the door to things like executive order 6102 which banned private ownership of gold. From there it’s a short step to close any exchange for gold like Nixon did, which the government wants to do anyway because of how much more power that gives them by allowing what we have now.

What we need is a money that can travel at the same speed as the rest of the economy, can be audited easily and quickly (idk maybe every 10 minutes by millions of people around the world), is divisible to small amounts to facilitate exchange, and of course that shares similar characteristics to gold with a finite supply. That way, in the event of cheating, as seen with FTX, everyone can immediately withdraw their money or transfer it to another institution. It could also allow anyone to be their own bank if desired. This eliminates the inconveniences associated with gold. There won’t need to be the centralizing forces at play. (If you didn’t get the point by now this describes #Bitcoin)”


#grownostr is specifically for non-₿itcoin content. You could scroll there to find things you’re interested in


It’s down for be on Brave, but not Safari


Like if you don't suck. Comment if you're cool. Repost if you like the sats


I'm also having issues zapping some accounts, it's asking me to top up my wallet even when I have enough. This is only for some accounts though


I’ve always been primarily using Damus, but lately I’ve also been using Primal so I can send zaps. Damus has still been faster though.
You can take your profile anywhere as long as you have your nsec private key. I’ve been using multiple apps on my iPhone, and occasionally using desktop clients at the same time. This is one of the great things about nostr, even if somehow Damus were to ‘ban’ you for whatever reason, you could just swap to a different client/app and you’d keep your account and all your followers and everything.


Just figured out how to do it. I had to use the Muun recovery tool on GitHub, and since it hasn’t been updated in a while, and I’m not super familiar with the terminal, I had some help from ChatGPT regarding paths and troubleshooting. The big thing I had to change using a Mac was that I had to specifically allow the terminal and the recovery tool file to ignore some safety precautions under developer settings.


I first started using Muun for my self custody, and have learned more about how they work I am trying to move those funds to a more secure cold storage. I had to pay over 200 sat/vB for the last test transaction I sent from there when I could have easily gotten my transaction through with a much lower fee. Since I’ve heard the swaps that Muun uses for lightning transactions can lead to having a bunch of tiny UTXOs, I want to move those funds somewhere I can both control the fee rate and, if possible, control which UTXOs I send. Does anyone know how I could do this? I have all the backup information that was provided when I set up the wallet. The first/best answer that lets me do this I’ll zap 2100 sats. #asknostr #Bitcoin


I want to try this now… I wonder if there would be a way to legally drive with it


Alright fellow psychopaths.  I need your help.

For a few weeks now I've been drafting this turn-key response to FinCEN and their absurd proposal for CVC mixing, etc.

I want you to take action and use what I wrote in this proposal to post comments into the register - less than a minute to perform and all the links are in the document.

Accelerate.  Take Action.  #Bitcoin

https://egodeath.capital/blog/fincen-may-be-violating-your-rights-bitcoin


This was literally my family on thanksgiving. They were complaining about inflation and I casually mentioned gold and bitcoin were the solution and it’s like they didn’t even hear me say gold


Just looked it up because I wanted it too https://apps.apple.com/us/app/block-screen/id1533333210


I’m cleaning my gun after a range day and am having some trouble putting it back together. Can anyone tell me what I’m doing wrong?

https://m.primal.net/HSRm.jpg


💀
|{I}\_🥩
I/ \
/_ /_


You can always send someone this link https://letmegooglethat.com/


You have 12 days left to get this done.

https://www.nobsbitcoin.com/gross-proceeds-and-basis-reporting-proposal-ai-comments/


#meme #memestr

https://i.nostrimg.com/e74bb846034ca3113df720baf171b3c8ee09b1aa3b13c2e783eded8fe01d974b/file.jpg


nostr:npub15879mltlln6k8jy32k6xvagmtqx3zhsndchcey8gjyectwldk88sq5kv0n When sous vide cooking is getting plastics in your food a concern since you’re heating plastic that is in direct contact with the food? If not why? #grownostr


I really like that framing, thanks!


His argument isn’t as much that there won’t be enough units for everyone as that #Bitcoin isn’t an ideal money compared to gold because the gold supply is able to expand with the productive economy (New gold deposits are found, more effective mining techniques, etc.). Sure gold won’t work in a digital economy, but another crypto that better mimics gold would be better than #Bitcoin as it exists today.

A simplified argument would be that if, under the global #Bitcoin standard, I make one sandwich and sell it and get 20 sats, then economic production doubles and now a sandwich is worth 10 sats, then I have two sandwiches worth of value even though I only created one sandwich. He’s saying that ideally the money supply should double with the economy in that scenario to be an accurate measurement of the value I created.


Maybe this could be a good topic for one of @TheGuySwan’s FUD relief series. Also, here’s the relevant quote from the book (a super thought-provoking read BTW), I didn’t want to make my first note too long.

“By sharply capping possible units and pushing all change onto the price, Satoshi made it a volatile speculative asset rather than a reliable measuring stick of value.
Capped at 21 million units by 2141, with all but 2 million or 91 percent already is-sued, Bitcoin is extremely volatile up and down by as much as 20 percent on jittery days. With as many as 5 million Bitcoins irretrievably gone because the private keys that access them are lost, BTC's net supply may even be shrinking.
This cap is fatal to Bitcoin as money. The supply of money must be able to expand as the productive economy expands. A currency is ultimately merely a measuring stick for that production. By capping the total supply of Bitcoin, its founders gilded the lily, made a money more golden than gold the supply of which increases approximately 1.5 percent per year. A coin that exists only in the ether has been rendered into a commodity —and thus its value as a financial measuring stick is destroyed.
Bitcoiners, far from progressive, hold their coins as an old-fashioned speculative asset, like a van Gogh painting or a Mickey Mantle rookie card or, well, a coin collection. Its volatility makes it useless as cash or for investment. A currency must be above all devoid of information surprise. Bitcoin's volatility makes it full of volatile surprises.
Money is only valuable when you give it away and cast it upon the waters. It is meant to facilitate trade and investment and entrepreneurship. The rule of Bitcoin is HODL, hold on for dear life, a post- capitalist rule. At Bitcoin conferences, there is much talk of buying Bitcoin and "going to sleep or on vacation or on a cruise." Money gains its value through profits from creative economic projects-the knowledge it enables, the information it yields, the time it saves. The reason the dollar is avidly sought is not because it sustains the U.S. economy but because the U.S. economy sustains it. It is the preeminent global reserve currency because it can be invested in a huge fabric of American enterprise and buy a global array of goods and services.
Bitcoin aspired to be gold, but gold is a metric not a store of value. Even on a gold standard, the amount of gold backing the currency ordinarily does not affect its price. The monetary properties of gold allow it to be trusted as a measuring stick of value even in relatively small quantities. Because gold is trusted, a small amount can support a huge increase in transactions. PayPal and Visa and other trusted platforms with trillions of dollars' worth of transactions need hold hardly any phys. ical money at all.
Above all Satoshi failed to make a new gold because he made time one-dimensional, as if time made a past but not a future. While understanding that money must be as scarce as time, he ignored the other crucial feature of time, its infinite extensibility. A successful money must combine these two features of time as paradoxically both scarce and infinite.
A successful money must be governed ultimately by the expansion of knowledge and learning. In the information theory of economics, knowledge is ultimately measured by time.
Gauging the gains of entrepreneurial learning and thus the increase in the supply of knowledge and money are two factors: the willingness of entrepreneurs to assume the risks and possible downsides of business projects, on the one hand; on the other, the willingness of lenders and investors to fund them.
These constraints govern the level of real interest rates, measures of time. These are gauges not of central bank fake fiat currencies but of actual time-prices accepted by entrepreneurs and their investors. True interest rates cannot be guaranteed by governments. A guaranteed loan is not falsifiable and does not generate real growth and collateral.
Just as important as the time-based scarcity of money is its extensibility.
Following the Asian financial crisis in 1998, the tech crash was caused in large part by the runaway appreciation of the dollar. During the tech boom, Fed chairman Alan Greenspan cut back on dollars. He said there was "irrational exuberance" and "inflation," when in fact a new digital economy was emerging, spearheaded by Thiel's Facebook, Bezos's Amazon, Google, and thousands of others.
In the last four years of the twentieth century, during the tech-telecom boom, the dollar's value rose 57 percent against gold. Measured by time-prices, the dollar appreciated strongly as the productivity multipliers of the internet economy all moved toward fruition. But, as with Bitcoin's cap of 21 million coins, the supply of dollars was prevented from matching an astonishing expansion of knowledge and wealth. Its role as a measuring stick was thwarted.
Money must expand in proportion as it is needed to conduct transactions, perform experiments, and launch projects. It must be as infinite as the entrepreneurial imagination, filtered by the banker's discipline, and it must expand in a way as limited as the twenty-four-hour day that defines time-prices, sometimes called dynes, required to conduct business.
Other better cryptocurrencies are abroad or on the horizon, more like gold in that they are scarce and yet also able to grow with the accumulation of wealth and knowledge. Bitcoin "mining," if it can be done rightly, is wonderfully analogous to the slow but steady increase of the gold supply.” - George Gilder, from chapter 13 of Life After Capitalism


I’m working on orange pilling my Dad, and he’s in favor of everything about #Bitcoin except for the argument that George Gilder lays out in his book Life After Capitalism. Basically, it’s that in order to be an accurate measuring stick the money supply needs to be able to expand with the productive economy, and thus #Bitcoin is fatally flawed to be a speculative asset with its 21M supply cap. He’s by no means a Keynesian, and would support a gold standard. I don’t really have a solid argument in response to this, so I’ll zap 10k sats to whoever sends me either a resource or lays out an argument that is good enough to convince my Dad. #asknostr


GM I’m going to try to be more active here on Nostr. I’ve mostly been read only for a while


Here, fixed it https://image.nostr.build/409d3779ccb4ad76bcdcf8277f85b706db75866e3d161b1f91522fb3918ee77c.jpg


Reminder: Ross Ulbricht is still in prison serving a double life sentence (without parole) for creating an open marketplace website.

Meanwhile, not a single person who went to Epstein Island has been arrested.

This is not Justice.
This is perversion of the Law.
#FreeRoss https://i.nostr.build/mAB5.jpg