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Notes by DrZhivago | export

 I have to tell you something

For the past 3 years, our team of 3-4 devs and artists have been wo... 
 Alpha me chief 
 1. Banks want to keep you using banks

2. Keeping Bitcoin blocks small, makes Layer 1 unusable as... 
 Perfect maxi clickbait and rage posting.

The arrogance of people is always outmatched by their mental bubble strength. Constant implosions.

On-chain layer 1 BTC will not be used as peer-to-peer cash. The community does not want that. The community likes to LARP as if they do, but it is ok to admit it is a forgotten dream of Satoshi. 

Atomic swaps will be the solution for a non-custodial peer-to-peer cash and Bitcoin. 
 Farcaster Ethereum users are bitching about Trump winning

WHY DO YOU WANT THE SAME REGIME AS GAR... 
 I complain about events I have very little influence over because it allows me to offload the burden of responsibility for crafting what I can.  
 UP UNTIL NOW, CLOWNING ON THE LEFT WAS COOL

BUT NOW, ALL NOSTR USERS HAVE AN OBLIGATION TO SHITP... 
 Perhaps you can look into best ways to defend against biometric surveillance and maintaining sovereignty during long distance travel.

- Air vs Land vs Sea
- Fake IDs (might become as common as burner emails)
- How do Chinese subvert their biometric surveillance state?

Anyway, be good to hear thoughts on this subject as we will undoubtedly have to combat it soon.

I know the basic idea is "opt-out" but that advice is about as useful as suggesting people do not use email, phone numbers, or the US Dollar. Possible? Sure. But there are plenty of ways to subvert a system and not simply abstain. 
 One of our readers did a Political Poll in the SimpleX Group

They had Harris beating Trump by a ... 
 Five votes is a high turnout for SimpleX users. 
 Poll: Is Trump really anti-establishment?

A) No, Peter Thiel is backing him, and Thiel sells AI ... 
 The "establishment" is not one organization. It is composed of various factions. Trump represents forces against some of those factions and forces for some other factions, and when combined, these make up the "establishment".

No matter what face (or faction/s) is the mascot for the establishment, the establishment never works for the good of the sovereign individual. Anyone celebrating the loss of their freedom to a central figure is a cuck and a slave. The world governments do not have leaders, they have slave owners. We would all do well to recognize that we are viewed as the slaves. 
 People mouth off "why privacy, I got nothing to hide"

It's not just "hiding", we're talking abou... 
 I have nothing to hide so I removed all the doors from my home. 
 Our nostr account was hacked.

The attacker posted the previous post about evading taxes.  Our or... 
 There is nothing I appreciate more in life than paying my taxes and government regulation. I hope you catch the hackers, maybe call the FBI. 
 Earn:
XMRBazaar, BitcoinTalk, MoneroMarket(io), MoneroTown, Monerica, Nostr

Spend:
CakeWallet, C... 
 Man is it difficult being so rich and having all these blisters on my hands. 
 *Monero for spending like cash 
 Reddit cannot even be read without their GaYC process for an account. Idk how any Monero people think it is their friend. 
 This is exactly why we will get a homegrown American fascist movement that will be outside and be... 
 The more daunting aspect of this versus the fag parades we have now, is that it will be young men with real drive towards a regulated future.

The youth are craving structure right now and I am sad to admit the adults are failing them, horrendously. Strongly disciplined male leaders need to be the models for our boys to act as a countermeasure for the insanity. All the pussy shit needs to be definitively rebuked, and a prosperous vision be reinstilled to boys.

It is the only balance to the uncontrolled violence that looms on the sidelines with our unguided youth. In some areas it more than "looms", but it is not yet organized horror. It will become organized sooner or later.

Enough with equality, niceness, and unearned titles. Back to the basics of hard work with a positive vision. Merit, hierarchy, and earned respect. Or, destruction. 
 Yes, it is a tough catch-22 isn't it? The best way to ensure a healthy tradition in society is to follow precedent. Most healthy precedents have been dismantled.

I believe this is why many organizations require acts of service. One must find humility and gain perspective when solving the problems of another.

A fine line is ran between an obedient cult and free-willed actors.

I am not sure how it plays out, but I expect there will be many localized organizations that form. Values will be tested intercommunally. I believe honesty and integrity will be fashionable again, and this will help us all navigate these rocky waters. 
 GM folks. Just prepping for this week's Bitcoin Brief recording. 

Any last minute questions or t... 
 Are Devs now anon under Ashigaru? Enlighten us about its future. 
 It is the dark forest 
 It’s truly negligent and corrupt that the Federal Reserve lowered rates right before an electio... 
 It is difficult to comprehend the cucked mind.

People can be intensely emotionally wrapped up in their political team, but also disregard the most obviously interesting parts of this political landscape. People are without autonomy and think about the things they are instructed to, rather than that which is thought provoking. It astounds me how topics can be swapped in and out of focus. To name a few blatant concepts:

- Biden is a dead president
- TWO assassins against Trump
- Covid
- World War 3 has begun

I test the waters by commenting on these topics to "normies" and often find there is no desire to speak on them in any depth, even though they are or were huge impactors to their lives. A facade of caring with no sustained interest or comprehension is typical.

Most people appear to be in a mental fever, jumping from concept to concept without ability to digest any one idea. This does not bode well for the direction of the majority. Something nasty is bubbling under the surface and will burst. I do not know what exactly, but we cannot sustain this state of insanity indefinitely. Reality catches us all.

This irreverence for reality also means there is an amazing arbitrage opportunity. So many blind men allow the sighted to bring forward a brilliant future. Even among the darkness. Because what is darkness to those who refuse to see, and what darkness can overcome light?

A sight for sore eyes, to the blind, would be awful majestic. How could anyone tell them that some things are not what they seem? 
 First they came for Bitcoin projects funding aid in Palestine, and I did not speak out, because I... 
 You and others should consider accepting Monero as well as Bitcoin to funding. If this has not already been done. 
 Trump assassins so far with aggregated information.

1st, Thomas Crooks:

Deceased after shooting Trump.

Crooks had been identified as a person of interest at least an hour prior to shooting.

Local law enforcement engaged Crooks on the roof (~20 minutes prior?), Crooks allegedly pointed a rifle at LE, LE disengaged.

Members of public attending rally pointed out Crooks to Law Enforcement 3-5 minutes prior to shooting.

Secret service claimed the roof Crooks shot from was too sloped to have personnel stationed. The roof had a similar incline as the roof the counter-sniper team was setup on. The ones who killed Crooks.

The building Crooks shot from had law enforcement inside it.

The window behind the building Crooks shot from was staffed (it overlooks the roof) and staff was recalled/abandoned post shortly before shooting.

Crooks' phone was privately tracked by purchasing ad tracking information. Crooks' phone had travelled to Washington DC and spent time in locations known to be used by government, specifically FBI and Secret Service.
https://www.themainewire.com/2024/07/trump-shooter-mobile-tracking-data-shows-devices-traveling-to-washington-dc-massachusetts/



2nd, Ryan Routh:

Arrested after caught fleeing the location Secret Service fired upon. Location had a scoped rifle (ak variant), ceramic plates ("bullet-proof" vest), and a go-pro camera.

Routh worked as a recruiter for fighters in Ukraine, highlighted mainly through his social media posts. Routh helped secure visas for fighters from places like Pakistan and Afghanistan. This type of operation is known as "visas for terrorists", used to gain fighters via the US State Department through "subcontractors" like Routh. Supposedly he was able to secure 100s to 1000s of visas for fighters entering Ukraine to fight Russia.

Routh had many felonies on his record. CIA subcontractors can commit felonies if given proper government blessings.

Routh had information about when and where Trump was going to be that day of the attempted assassination.

Routh was originally from North Carolina (major military hub) but also spent time in Hawaii. Routh may have done some construction work in Hawaii, but it is unclear to what extent at this time. 
 “Public opinion is no longer formed by the people, but by those who control the flow of informa... 
 "Public opinion is Private's playground" 
 Before Bitcoin was officially released,

Friedrich Hayek warned of the dangers of custodial bitco... 
 Since most of BTC on Lightning or eCash is custodial, do you think the same flaws of banks are an inevitability? Or have these protocols been able to overcome that temptation?

Monero has shown itself to be the superior non-custodial salable option imo 
 I think the largest difference is the ability to fractionally lend can be divorced from the ability to custody.

If you have BTC on-chain you can be certain it is in your custody. Whereas in a bank, the custodian can default and lose what you thought you had.

Fractional lending will certainly continue to exist, but blow-ups can be more localized instead of systemic. Lending will become opt-in. 
 You should put your Npub onto X somewhere. Didn't realize you had an account here. I have appreciated all your info! 
 The demand for XMR will not be televised. 
 Supremely bored by bitcoin Twitter's book recommendations. It's always the same thing – Hayek, ... 
 The US probably didn't dare to arrest him because it would cause a free speech riot. So they let ... 
 France is the patsy, USA is behind it 
 One if the best ways to spend your Bitcoin is 
silent.link - global eSIM

No KYC, affordable rate... 
 No KYC for a phone number. You can only receive calls and sms, cannot send. Registered for 1 year, with renewal option. 
 Fast Recap:

Bitcoin down 15.74% - 51,593

Nasdaq down 3.33%

S&P500 down 3.66%

Japan's Nikkei 2... 
 Deploy 
 So what you're saying is: you're indirectly employed by the government. I see you FED. 
 Thanks for the perspective.

Those who want privacy and sovereignty will take it. The rest will vote. 
 Nostr nuked my following list, pls drop some 🧡 if we are friends 
 I'm not your friend, guy. But I like your work! 
 The main difference between SimpleX/Session and XMPP/Matrix is that:

SimpleX/Session hide metada... 
 You should shill your own services to help others self-host. It's easy when you have help. Marketing is not evil! 
 It is pretty clear that laws are not being applied equally in the USA.

Selective enforcement is used to attack the perceived enemies of the State. This behavior is subject to change. Any group can become "out-group" if convenient for the Regime.

This behavior also displays weakness. Like a child lashing out at anyone who doesn't want to play their game. There's a real threat to asymptotic warfare. A minority of individuals (first-movers) who subvert the Regime have an outsized impact.

The comedic part is, it's literally a bunch of autistic basement trolls with greasy soles typing on the internet... Threatening "the most powerful nation in history".

Couldn't be a more beautiful match.

"I'm a revolutionary, I took my money back". 
 Financial privacy = death of fiat currency

It is critical for Government to stop personal sovereignty over money.

It has also never been easier to be a revolutionary. Literally just go get your money from the bank. Crypto or Paper, a small % will topple the whole regime. That's the power of fractional reserve banking! 
 When average people offload the burden of practicing privacy to the State, it becomes everyone's problem. The State has more resources than any individual and can act maliciously beyond the capacity of any ONE person. So the ignorance of privacy by the many results in the tyranny over all.

The State refutes privacy of the individual because it does not benefit the State. This is a deeply rooted Human issue that scales into physical violence, the likes of which we have not seen since the 1900s (eg: Hitler, Lenin, Mao, Pol Pot, etc...). With today's technology and general sentiment towards digital privacy, we are heading towards actions that will manifest in the physical world at a scale that dwarfs the 1900s.

Obedience is dangerous because people offload the responsibility of actions to captured agencies with compounded power. Individuals allow Hell to be brought forth (as in the 1900s). Those who are informed and who act against the intent of a malicious State are the bulwark against that Hell.

That is the context. Your actions may spare the destruction of millions.

David can beat Goliath. If David refuses to fight, then Goliath certainly wins. This is the strategy of the State vs Rebels.

Appear unbeatable. Crush morale. Suffocate the Spirit. Defeat the enemy before you have to fight... Because the State is ultimately more vulnerable than individuals. Fast moving small targets are harder to hit than slow moving beasts.

The State can destroy individuals, but if enough individuals have the courage to stand against it, the corrupt State collapses. It is always a minority that leads the majority, on both ends of the spectrum.

This is why the State makes terrible examples out of individuals who stand against it. (Snowden, Assange, Khashoggi...). It is terrified of empowered individuals.

If Humans were destined to be slaves to our Nature, we'd already be. We wouldn't even have these conversations. Like ants in a colony.

Our species is destined for greater heights. I refuse to believe otherwise, because I can lead my own life in that direction. I don't need everyone to be me. If I give up on that dream then I'm already dead. 
 My thesis on UTXO size depends on Bitcoin's adoption. We are currently in an era of abundance for UTXOs. At some point in the not so distant future, they will become scarce. Leaving many people in trouble with economically unviable BTC dust. This will lead to centralization of holders on the base chain, with decentralized holders on a second layer or sidechain or what-have-you. Centralized holders will be able to make high fee bids, but it is also possible that they may not need to, as traffic is pushed off the base layer.

So for now fees are able to be nominally high in BTC and nominally high in USD. However as the demand increases and supply diminishes, I expect BTC fees to be nominally lower and USD value to be nominally higher. Very few people will ever custody .5+ BTC. Very few entities will be able to pay fees in the .5+ range. So fees will have to go one of two directions:

Centralized entities and/or federated groups compete for large amounts of blockspace with high amounts of BTC. (Whale wars)

Centralized entities and/or federated groups do not have to compete for blockspace with high amounts of BTC, because BTC becomes so concentrated in the hands of a few on the base layer, that blockspace actually becomes more abundant again. BTC continues to accrue value when measured against every other asset, but this also means less BTC is needed to represent high value. So fees may actually nominally reduce in the long-run, but the perceived value of those fees dramatically increases. (Concentrated Abundance)

Most of the world will never know what it means to custody .01 BTC personally. It is simply too scarce of an asset. There may only be 1.5 Billion UTXOs the size of .01 BTC (considering lost BTC). We are heading towards a population of 10 Billion. So most of the world will never transact on the base layer. This may not happen in our lifetimes, but it is inevitability going to play out this way. The adoption of BTC is what determines the pace of base-layer exclusivity. The more BTC is adopted, the faster people get priced out of the base layer.

I expect this to play out over the next 10 years, and by then we will know the direction we're headed. Either Whale Wars or Concentrated Abundance. If we go into Whale Wars, .5 BTC may not be a high enough UTXO. If we go into Concentrated Abundance, .5 BTC will be way too much for a UTXO. For now I think .01 or .05 is sufficient. You can always consolidate UTXOs if things start going crazy. Individuals such as you and I will have to cooperate in federations either way, which will combine UTXO sets. Individual transactions will become economically unviable in both versions of my future guesses.

It's hard for us to imagine a world of abundance because we have been living in scarcity for so long, and our current institutions/behavior reflect that. Our standard mode of operating is being challenged. Guessing future UTXO sizes is a guess on human behavior, and we are a fucking insane species.