Oddbean new post about | logout

Notes by ( -_-) | export

 If you ain't bullish, then you is foolish

#bitcoin #2024 #uptober 
 58K forever 
 If you generate your Bitcoin private keys offline using a bip39 wordlist, make sure you always re... 
 There is not really any benefit to doing this 
 By 2032 110% of all bitcoin will be hodled 
 If you understand physics you know that a black hole will consume everything around it. If you un... 
 Black holes evaporate and disappear 
 What games do you play? I play Old school RuneScape, Escape from Tarkov, Minecraft, Halo, Fallout... 
 the level of sc2 pro play these days is crazy:
https://www.youtube.com/watch?v=XRVdUBeTIls
 
 "Why shouldn't we burn it all down and hang the people involved with it for treason?" - nostr:npr... 
 Breaking: UK issues international arrest warrant for Eric Cason on the charge of "saying scary things" 
 It records you the whole time as you checkout. This stuff is in supermarkets now in the UK, Aus, Ireland 
 Is this AI gen or real? 
 what hotels are people going to? I've literally never seen this. 
 “Thanks for picking that up for me! I will Venmo you the money.”

“Oh I don’t have Venmo ... 
 No need. Bitcoin is the only thing you mentioned that is global. All that other crap is US only. This is why bitcoin will win. 
 If some random guy comes up to a woman on the street and starts asking personal questions, she will smile and lie through her teeth. It's a safety thing. 
 So USA has a gold reserve which is approximately 19% of the world's gold supply. Still USA sucks ... 
 US gold is 8000/210000=3.8% 
 Maybe 19% of total central bank held gold? 
 What’s a good way to make a secure pin for your phone? How many digits should it be? #asknostr 
 Use a passphrase 
 One of the things that really pisses me off about BTC and, once again, makes me convinced that it... 
 What are you talking about? Fees have been around 4 sats/vB for weeks - is that not normal? 
 Again, what are you talking about? Combining small/dust utxos and putting them in a lightning channel makes btc a fantastic currency for daily retail transactions. 
 If you can be prevented from spending the money in your bank account, is it really your money? 
 It never was money, it's bank credit. 
 Comparison; 

Bitaxe and avalon nano 3;

Bitaxe cost in UK £150
Bitaxe hashrate 733gh/s
Bitaxe p... 
 Cannan doesn't accept lightning and will cancel your order if utxo has been coinjoined due to their chain analysis bullshit. 
 who the fuck would want the US gov to control 4M bitcoin other than the parasites in the US gov? 
 ‼️REMINDER‼️
#Bitcoin transcends politics and politicians. It was designed to dismantle t... 
 bitcoin has always been public property - no one can own a number, the best you can do is keep it secret 
 I'm talking about ownership in the legal sense. For example people who generate seeds with weak entropy find out pretty quickly that they do not own their private keys or control "their" bitcoin. 
 lol. Intellectual property is a state construct - you can't "own" information, because anyone can potentially copy or independently create the same information without removing your access to it. 
 If you generated a low entropy seed, sent coins to one of the addresses, and then the coins got moved by someone else. Are you claiming that you would still own those coins even after you no longer control them? 
 So you're saying that in this example, even though you didn't own the private key, you do own the bitcoin? 

But if there is no way to enforce that ownership claim, what does it even mean? A court won't enforce it, the bitcoin network won't enforce it. Do you just track the utxo as it moves around and tell people that it's yours? 
 Sure, it's easier to just dismiss everyone as a communist rather than have a rational discussion around the ability to own information. 
 People who can't digest dairy are generically inferior  
 If the measure is survival, that's obviously false just by the numbers. If the measure is your own opinion, then who cares. 
 GM.

Without credible video confirmation, it’s reasonable to question whether Biden indeed curr... 
 it's easier to do voice deep fakes 
 What is the best bitcoin payment processor to accept large payments in? 

Setting up a contractor... 
 Pay part cash part bitcoin and be free of banks altogether? 
 Yeah, but that's my point - pay him in fiat *cash* with a little bit of bitcoin that he can actually save. Bitcoin is currently the best savings tech that exists, there is no point if he has to convert it. As you say, watching number go up over time is what captures people, not dumping it for bank tokens straight away through cash app or strike. 
 Anybody recommendations on why and how to fast 

Is fasting from 20:00-12:00 enough? 

What are t... 
 36hrs is perfect IMO, just skip food for a day once or twice a week. Coffee and tea is fine, no milk/sugar/cream/etc.

The point is to get into ketosis, so your body uses it's own fat for energy - you will feel mentally and physically sharper/less sluggish. 
 Smart. Suspension bridge effect to lock in your engagement. Here's to many more years of psychological manipulation 🥂 
 When you used too much gas for your gas lighting and it turned you retarded. 
 There is an argument to be made that Bitcoin makes nuclear war more likely. 

How you ask? 

Well... 
 They can just dismantle the bombs and use the Uranium to mine bitcoins. Why burn it down when you have free energy. 
 Hyperthetical: WikiLeaks (or similar) releases something juicy to nostr.

How quickly before the ... 
 I doubt you would release the data to nostr - you would just use nostr relays to host the torrent file. P2P is ultimately more censorship resistant. 
 SHOW ME WHAT YOU GOT 
 Every sane person is afraid that we are headed toward WW3, and literally none of our “leaders... 
 The false flag they use to get people to want to kill and die is going to be epic. Interested to see how creative the psychopaths will get with it. 

Flying planes into buildings, releasing genetically engineered viruses.. maybe they will nuke a city from space or something. 
 Apparently they do. Either from Bitmain or Foundry, the only large entities producing block templates rn... 
 My top shelf Bluetooth headphones play a three second warning sound *wuuuUUUU-wuuuUUUU-wuuuUUUU* ... 
 Such ironic naming 
 What part of *you will own nothing and be happy* do you serfs not understand? This includes your data and your DNA. Having you own yourself and the things you produce is *problematic* for us.

--WEF 
 Gm #Nostr. 

I just want to say that we all ideologically failed yesterday. We can do better. 

I... 
 X is a private company. Unless it's being coerced by the state, this is not censorship. 
 Someone tell me why my lnd node seed isn't showing my funds? 
 For mobile Blixt is probably the best bet. 
 Doxxing an anonymous developer is a disgraceful act and has no place in investigative journalism.... 
 They don't have the self awareness necessary to be ashamed. 
 I love it when my 69☯️ zaps go from $0.07 to $0.08 and back to $0.07 inside 15 minutes.

Year... 
 Can do that now for 2013 reddit comments when the tip bot was active