Oddbean new post about | logout

Notes by TheGuySwann | export

 Gotta turn power off because we are putting in the breaker box for the basement. 

Start9 node will be down for a bit (no zaps ⚡️). 

See you guys in a bit 
 Not sure how to engage on here. #lost 
 Hello 👋🏻 
 lol, Alby added a donation box into Alby go that cannot be dismissed unless you donate (I think, ... 
 I 100% support this strategy 😂 
 Elon reminding everyone of the late, great Milton Friedman.

"Abolish all of it."

Amen

https://v.nostr.build/WjF8FrQ9zAjDknW3.mp4 
 He has actually explicitly said to end all electric car subsidies and that they are pointless and aren’t needed. Just a caveat there. 
 I mean sure you can always say he is being dishonest, but I’m just pointing it out. We will see what happens in this regard. But generally I don’t fault someone for taking tax credits and assistance. I certainly take everything I can and I would hope you do. But I also advocate the end of all subsidies, and rather than tax credits, the income tax should be removed completely. Artificial manipulation of market demand is stupid and generally destructive. 
 lol, I just don’t fixate on the guy on the positive or negative like so many do, imo. Everyone does the same thing with Trump. He’s not a savior nor a fascist reincarnation of the devil. He’s mostly just a doofus and doesn’t fall in line with the general establishment. Elon is in a similar spot, but i think there’s no arguing the guy is clearly competent and “autistic focused” on building stuff. 
 I highly suspect his opinion about Covid would be very different after seeing it in practice. But the other things are generally sensible, but they also do not necessitate that he isn’t an anarchist.

Example: I would probably answer similarly, despite being an anarschist. But it’s not because I support the govt being in control of these things, it’s because I think we still lack the technology to truly secure these things *against* government. I think liberty is ultimately a technology problem, and there are still many more parts of it to decentralize in both a physical and cultural sense. I think we will, it seems to be the indefinite march of technology itself, but that doesn’t mean I think the best course of action is to eradicate everything tomorrow morning.

That said, Milton was pretty open in being a minimalist. So I’m not disagreeing. He clearly was. Still think he was brilliant and i envy his incredible ability to explain things. I hope to be as clear as him one day. 
 Carbon credits are the establishment’s shitcoin scam. There are way too many companies running on that disaster. 
 It’s always a doofus, a lunatic, or a mass murderer. So nothing new 
 I… I literally never said he was. In any way actually. 
 Murray was the goat 
 🤣🤣 that’s a good rule of thumb 
 Is Monero a shit coin? Serious Question.


nostr:note1qmzk49uj0lw93e3vguruuv0lyd9jh9skcjyzhtntl4x... 
 I don't think a simple privacy protocol is enough to justify the value of an entirely separate money. The network effects and tendency toward consolidation in monetary networks is extraordinary. 

I highly suspect the value of #Monero as measured in #Bitcoin will fall indefinitely. Maybe some of its network value will be sustained long term, kind of like Tor vs TCP/IP (open internet), but hard to say at this stage. Monetary transitions take a really long time.

I do stand by my comments that I think most of that community have cypherpunk values (rather than the outright stupid scams of the rest of "crypto"), and I think privacy is a very admirable value to be hyper focused on... but I genuinely don't think it keeps a separate monetary token alive on a long term time scale. 

I think privacy will simply be a feature provided by many layers and networks that use BTC as their monetary base. 
 #Bitcoin is not even slightly captured by KYC. And the fact that there are more KYC exchanges is neither evidence of nor relevant to the idea that it is "captured" by KYC. It's an obvious result of simply being more widely available. That's all.

I get plenty of KYC free #Bitcoin, most of what I get is KYC free actually. Because its my money. I get paid in and pay people in Bitcoin directly. 

Because the network actually has liquidity, I can use it as money. In no way whatsoever am I captured by KYC when using BTC day to day. I jsut zapped you 1,000 sats to prove it. 
 Change is in the air...

Something MASSIVE has been brewing, and its finally time to announce it to the world!

Bitcoin Audible @BitcoinAudible is no more, it has reached its final form...

(😘 @PeterMcCormack )
🔥https://fountain.fm/episode/6rvwi3HErET4PHYhu3Ri
☝️☝️☝️☝️☝️☝️


https://v.nostr.build/8rOFjWQzgGnflL9s.mp4 
 LOL 
 DO IT 🤣 
 lol, it’s a joke 
 I'm kind of in a snappy mood today it seems. 
Patience low. 
 Well, that was interesting. There was a senior leadership meeting in my government and the deputy... 
 That kinda sounds like some fascist orders coming down the pyramid right there.

“The people seem to be suggesting they don’t want people like us in charge, therefore we must protect and defend the government we currently control from doing what the people want or being run by those the people choose.” 
 Except that it’s not true. The limitations of gold that led to its capture are not the same as those in Bitcoin. In fact, they scale in completely opposite ways. The higher the value transaction, the EASIER it is to settle, send globally, and sovereignly hold. This is the opposite for gold. Not to mention being digital. 

In other words, gold HAD to scale to larger and larger more centralized custodians on an explicitly permissioned network. Bitcoin can scale and sustain much smaller ones on a completely permissionless and open network. 

Whatever happened to gold that led to fiat, cannot even slightly happen the same way to Bitcoin, even without any change. There will undoubtedly be a “one step back” era of its maturation, but it will look nothing like the system we have come from. 
 The mining problem is a completely different dynamic. The thing in reference here is the scaling problem of individual transactions. So I agree there are different concerns and considerations.

In fact, I think the mining problem is far more concerning both short and long term than anything to do with blocksize. But both are just technical hurdles, and all it’s takes in a little ingenuity to solve them. We’ve solved much harder problems and do not believe either will stop us. 
 I was going to answer until you pulled this self aggrandizing bullshit right here:

"Maybe you're happy to elevate your own standing and then pull the ladder up behind you. That's not why I'm here."

Quit pretending your the only person who cares about Bitcoin because you have a tagline opinion that someone doesn't regurgitate verbatim. 
 Sorry about the other comment, I've had a few of those today already. nostr:note100rpm393ltts9ny5kj499g0qupwd3rlvxrgpqluqw8mwflrl6wwqws9m5h 
 Also generally not that concerned about scaling. Because I genuinely suspect we don't understand the problem very well and also are applying a "retail credit cards" model to this that seems very likely to me to not be the direction this goes. I think the evolution of its use (also how we extend sovereignty/trust) will likely be different than we imagine it to be. 
 I agree and would never suggest to it wasn't something to direct energy toward. 
 Different if it’s stuck in a 401K, that shit is doing you nothing at all. I’d 100% ape most of that into MSTR or an ETF 
 It’s always funny to me that obvious and militant conformism comes wrapped in a “be unique” package.

Also this is so perfectly the Hunger Games that I thought it was a parody at first. 
 😆 I won’t be bothered. Will still read and still do shows. Might just not have to actually do the recording myself. Could save me some trouble honestly. I’m trying something right now that’s similar, but not regarding the reads, it’s related tho. 
 No one in normie land understands how fucking powerful this is.

People spend YEARS on platforms with “revenue sharing” and “pay for listeners” who get solid engagement and have respectable audiences… but have barely a few dollars to show from it.

Truly open social with truly open money that takes all of the friction out of the experience of sharing is a total game changer. nostr:note16tztsxt8x60jytrrl6304yxpd7j9su4tmgrqhr23rn2pmqzt7pwqu4ny5x 
 It literally ends when stocks start getting priced and valued in BTC.

https://m.primal.net/MbYf.png  
 This is also why it might happen faster than we expect when things do start to shift. Because every company that does this will have people shifting what their measurement is in order to value them relative to each other. 

And suddenly a subset of companies that all hold BTC, will get valued based on the delta of their BTC holdings and earnings. They will literally be in a class of their own.

Until then Microstrategy rides this train by themselves and gets an impossibly huge advantage over everyone in the market.  @saylor 
 I don’t own any MSTR and wasn’t advising it. I’m just talking about the nature of the “issuing debt to short the dollar and buy bitcoin” strategy. 
 family member slid in my DMs asking for advice about where he should store his CRYPTO gainz. He's... 
 I’ve been working on many more of them. I just spread myself way too thin and had to restructure my workload.

I actually just wrapped up the rough edit of another 2SATS an hour ago. So you’re timing is pretty good 😂 
 I think lightning and nostr proved a very important concept that may have gone overlooked.

Using... 
 Build and stack mother fuker! 
 My son doesn’t say a lot with much clarity but he does say “Bitcoin” pretty damn well every time he sees me wear a shirt with the symbol on it. 😆

He knows that Bitcoin is my thing somehow, because when he sees it while doing other stuff or in his kids books with my wife he always says “da da bi coin” nostr:note1qcnr70mmwpu8wwchak3vmf88dtujkwj0td3vl58mwpgesqvecu3qfgm5pv 
 I can’t justify trying to stifle my kid when he notices or is interested in something because I’m scared of the world. I certainly don’t want to make him afraid of everything either. In addition I’m a very public person already, and nobody is confused about whether I have Bitcoin or not. There’s not going to be some super risky data leak because my 2 year old is hanging out with other 2 year olds that isn’t 1000x larger from 1000 other, more important, areas. And when he’s 7 or maybe 10 years old I suspect that every kid his age will know what bitcoin is and most of their parents will own some. 

I feel I have to have a little perspective about the relative risks, where they are likely to originate, and what the cost of spending energy being concerned over them are. 

I also just generally refuse to carry around a permanent and complete distrust of the world. Instead I focus on ensuring that I don’t cut corners on all the practical and direct ways that I protect my family and myself. 

TL;DR My kid can say Bitcoin and I’m not gonna worry about it. 
 Just telling them what bitcoin is shouldn’t be a problem. Now if you tell them where you keep your keys and how much it’s worth, etc. well then they certainly might run off and go tell their kids how “cool and rich” you are (or whatever). 

There are a great many number of ways in which you can talk about things without being stupid. 

In other words, your child can know and understand how money works without having to go into how much cash you have and how to unlock your safe. 
 Possible 😂 
 Credentials mean absolute dogshit now. It’s actually sad for the people who truly work their ass off to understand something and get a degree to go with it, because it’s value has been destroyed by all the people with their MAsTErS who can’t do utterly basic shit without a full set of instructions. Way too many people come out of their schooling with barely any more value to contribute above a computer because they are completely incapable without instructions for every single step. No initiative (in fact it’s taught OUT of them), no intuition or understanding of the work environment and how to make decisions, and zero desire to take responsibility for anything.

Sometimes it’s funny, but mostly it’s just sad honestly. 
 GM,
My son said good morning back to me for the first time today. Typically the first thing out of his mouth in the mornings is “smoooo” which means “smoothie” 😂 
 #elon #musk 

Elon Musk said Bezos' ex-wife, MacKenzie Scott is destroying western civilization b... 
 What was the actual tweet or comment? 
 I don’t fear death. 

I fear dying for nothing.

I don’t fear life. 

I fear living for nothing. 
 We’ve never done a show together. 
 Was legit thinking about this the other day and wondered the same thing 🤣 
 100% 
 “I would have to create a system with common rules that would be acceptable to everyone. That meant as close as possible to no rules at all.”

― Tim Berners-Lee 
 There's a very important lesson here as to why big government doesn't work and always results in violence, hate, and war. 
 Most don't understand that a truly decentralized, radically neutral, and inescapably global money, is one of the most profound technological advances of our time.

It unlocks more potential for economic prosperity than any other. Without contest. #Bitcoin

The lack of monetary consensus around the world has always been the greatest limiting factor of establishing global, peaceful trade networks that bridge all nations and cultures. There's a reason why most of the greatest periods in history also coincided with the times we've come closest to a global monetary consensus as well. 
 @note1cjnujr2hgyk4v8g7rcqdvzf5nlv8h6z7jrz2w7vlpdcp6rp77n4qudhh60 
 Damnit i can never remember how to get note tags to work properly. "@" the note ID just intuitively seems like it should work right?

https://primal.net/e/note1cjnujr2hgyk4v8g7rcqdvzf5nlv8h6z7jrz2w7vlpdcp6rp77n4qudhh60 
 Everyday I open up Nostr and my timeline is filled with Pro Bitcoin memes and slogans,

But rarel... 
 There are a bunch of resources out there for these things, but social media isn’t exactly designed for tutorials. It’s kinda built for memes and short videos or media and the like. I think this might just be the wrong environment for the type of content you seem to be looking for.

But if you wanted resources all you have to do is ask, people are more than happy to help. But I suspect “asking” by basically saying “you all suck and never help anyone,” is likely to get you a lot LESS assistance… thus confirming what you have already decided is true.

Just sayin.

For resources: I can’t think of a tutorial or info that @BTCsessions hasn’t covered on his channel. I always direct people over there first. 
 Ah! Gotcha. I see what you mean and that’s probably a good idea too 
 😂😂😂😂

Bluesky: “ItS DecEnTrALiZeD”
Also Bluesky: [Bans user instantly for “wrong politics”] nostr:note167eqvngz7jafec9ef3rlj4wj4ktj45253dgzhx237k2lryztkj3qv50m54 
 this is what happens when you talk about Bitcoin on Bluesky 😃 

nostr:note18dasadcufgt9a8vxuuy... 
 This is the first time I’ve actually wanted to go over to Bluesky.

I have no idea why but I need to be blocked by more people than you 🤣 
 Too much green crap, but yes 😂 
 Did I ever tell you guys that I knew Satoshi back in the 90s? Had a good relationship with the guy. 
 He also came to me in a dream. 
 He only said one thing, "Read bitcoin my child," and then he vanished. 
 I'm getting tired of neo-nazis and white supremacists on nostr. I know I can just block them. But... 
 Ok maybe this is why I’m not seeing it. I don’t have the mastodon bridge and I was wondering. 
 They've been open sourcing pieces of it as they are "completed." So more of the parts that make it work have been released on an ongoing basis. Their ID system still isn't FOSS yet, and some other things. The entire Pear Stack is open source though and has been the whole time. 
 I meant that's not a bad policy. I know the guys and so just trust them personally, but if you have no basis of them, their history, and what seems likely to you, then yeah that's a very prudent stance to have.

Same goes for all the software we use. In a very similar sense neither MacOS or Windows is open source. For Mac the kernel is open source because its based on Linux, but things like the user interface and graphics engine are closed source. 
 It’s not hidden. Trump is always promoting McDonald’s. And of all the issues, bad policies, and trash appointments, why would anyone care that he promotes McDonalds? It’s literally the bottom of the barrel and not even slightly hidden. 

If you think this is “hidden propaganda” then you have no idea what propaganda is, imo. This is literally explicit promotion. It’s literally a joke because it’s so explicit. 
 What we have are a horrible combination of toxic oxidized fats and oils, a specific lack of good fats and oils, nutrient deficient food, purposefully designed artificial ingredients to maximize cravings and minimize satiation, carcinogenic fake chemical flavorings to cover up the lack of substance, absurd amounts of sugars to amplify both aspects, and pharma to cover up the side effects.

All of this causes obesity, malnourishment, chronic inflammation, ceaseless food cravings, sugar addictions, mental and hormonal instability, and lethargy. nostr:note18jxtlkf6a74mz5v8kgzgvjnc0ne3mgum99sx07qqzaz539enjt5sw7e0hd 
 I don't say everything is toxic and is going to kill them. I talk about a specific list of things that just happen to be in tons of our "normal" foods that are toxic and cause significant health problems, and to get food without them. 

We are the sickest generation ever in the history of this country and we are also one of the unhealthiest populations in the western world. If you hand wave this away with "people just need to exercise but our food is fine" then there isn't much of a conversation to be had because, imo, you aren't even looking for an explanation. You are just trying to find an excuse for what's "normal" by apparently (as you seem to have just done) claiming that "it's normal" and thus not a problem or "too hard."

Ironically seed oils weren't at all normal, and were only used as engine oil back in the "60 years ago" when most of the other things weren't a problem either, and far more of what we consumed were basic real foods and high in animal fats... interesting 🤔  
 I'm also not saying that rapeseed oil being put in everything is the source of ALL of our problems, btw. If you base a person's entire position and their thoughts off a single note with a single paragraph then you are bound to develop plenty of assumptions that have little to do with what they actually think.

I'm also perfectly aware there are grey areas, that the list of carcinogens is ridiculous, and that to "avoid everything" is an absurd statement. Very little of anything regarding diet can be considered "conclusive and undeniable" and yet everyone discusses it like it is, while its clearly one of the least reliable sciences and horribly difficult to control for because of the near infinite amount of other factors involved.

Which is why I think basic heuristics and common sense are the most important tools.  
 A lot changed in the 70s and a lot of problems, coincidentally, came with them. Just completely swapping "vegetable" oils with something like lard/butter is kinda crazy the amount of change and improvement most people I've commit to it have experienced. There are plenty of other things as well, but that is definitely a big one in my experience.

This was one of the very first things we did when we started our journey about 15 years ago now. 
 You're missing the point, imo.  There was never a reason nor any benefit to having seed oils in our foods. Literally none. Of course you can consume them in limited amounts without great harm. This is generally true of like 959% of things that are toxic or bad for you. They only do significant harm in large amounts. But you can also eat almost all of the same foods withOUT putting canola oil in them. You can cook your food in lard and butter instead of seed oils. You can gear your diet toward healthy fats. This is what we did for basically always until very recently.

If the grocery store has something bad in like 90% of their products, then all you have to do is support and purchase the products that don't put this in the food. Viola. And it helps to solve a stupid problem that never needed to exist in the first place.

Of course you can just stop eating as much of something toxic and it'll do less harm, but it is not good for you regardless, and there's zero reason for it to be in our food. It isn't food, it's bad for us, and we should stop using it. The point of telling people is so they know. That happens to be a prerequisite to solving ANY problem.

For the record, it isn't that hard to avoid them either. You just have to be careful about picking stuff up off the shelf and you have to be cognizant of what you are putting in your body. You can also easily just ask just about any restaurant out there to "please can you cook my steak or food in butter instead of vegetable oil?" And like 90% will just say "sure." I do this everywhere I go. 

It's not that hard, but no its not going to come without any effort at all or in total blissful ignorance on the part of the consumer.