WOAH! I compared the charts again & the #Bitcoin price PERFECTLY returned to the S2GF model estimate.
Everyone talks "Stock-2-Flow" when it was really Stock-2-Guy's-Followers model all along.
It's undeniable
Want that upward price pressure?... you know what to do.😘😆
https://i.nostr.build/U1yxoelIgFlPMSaG.png
Maybe you can explain this:
Why are there so many posts that quote-note the thing about Aaron Schwartz but seem to have nothing to do with the post? I keep coming across dozens of them and it doesn’t make any sense to me
I have over 1,300 episodes of @BitcoinAudible explaining why and how we would find ourselves exactly where we are today in #Bitcoin
If you'd like to understand, my goal was to build the most complete database of knowledge & works on every aspect of Bitcoin & what it means.
Definitely should cache the old balance though. Nunchuk takes some time to check new balances but my old ones don’t go away. With people so scared of using bitcoin, mitigating that sort of fear of “OMG MY WALLETS EMPTY” is probably a good idea.
Otherwise it makes sense it takes while to find all the new transactions.
Here’s the thing about the bitcoin-Trump-govt-takeover doomers…
First, Trump doesn’t care about bitcoin or crypto that much. The argument always seems to be some big conspiracy to make a CBDC and use the bitcoin rocket to expand their reach and dominate all the KYC paper bitcoin and trap everyone in it, etc etc.
But it’s only us who put bitcoin at the center of our “plans.” They are “playing with it” because it’s this tiny side project that has been making money. Thats it. Trump is interested because there are voters he can appeal to. There is SO much honesty in the “and whatever else you are playing with” comment. He doesn’t care about any of this, and neither do the overwhelming majority of them.
It’s a bunch of opportunists that see growing numbers and so they buy an exchange, they try to dominate this and that market, etc. it’s nothing new.
Look at the stupid shitcoins they keep issuing. You think these are brilliantly laid plans? They could barely sell anything of their latest scam.
And of course when considering the exploiters of the old system, they will have more capital to dominate the new, but this doesn’t change in any way the fundamental incentive shift that occurs within the Bitcoin model.
Fiat has a corruption loophole, Bitcoin plugs that loophole.
Quit declaring failure before things even get off the ground. And quit framing Bitcoin’s importance through OUR lens instead of theirs. They don’t have that.
This is where “stay humble” shows up in practice, imo. We aren’t the most important thing in their world. We are winning and just need to put our head down and build solutions to TODAY’s problems, not throw our hands up in surrender or put all our concern in some elaborate, long term “probably going to happen” master plan.
Thats just my 2 sats
Shit on?
I’m not shitting on Trump, I’m pointing out the people who think that he is bad for bitcoin and will lead to a CBDC and all this mess are being ridiculous. Maybe you misunderstood what my post was trying to get across.
Relax and enjoy it. We are entering the absurdly volatile times and they don’t last very long, and they get reeeally nuts if I learned anything from the last 4 of them.
This one will be wild, no doubt. You should be a little scared, but it’s also fun. It’s like we’re getting to the top of the roller coaster climb and the *real* ride is about the start. Both excitement and fear are perfectly rational… buckle up 😂
I haven’t seen Sicario, but I would suggest that the common thread needs to be the character motivation, or the motivation of both needs to be established early unless the entire intent is to shock and punish the audience’s idea of a “happy ending” in war (or whatever the theme is). And importantly I think you have to warn your audience toward the beginning that this world
Includes the horror of unexpected and disappointing truths. If we don’t frame the theme or world with that, it can be jarring in a way that’s not enjoyable, but simply angering.
It’s a fine line to walk to buck norms and not jar the audience out of the story. I’m super eager to read what you’ve got though. Boldness very often leads to encoring stuff regardless.
I’ll give one example though of normative trends that were changed that I think was underappreciated. And that’s World War Z.
It appears on the surface like a regular “end of the world” type movie, but the escalation when you really look at it is reversed.
Usually a big budget disaster movie starts with 1 bad guy, then they fight a dozen bad guys that are more powerful and have their first “limited encounter” with the big dog, and then it ends with the “beam of light into the sky billions of random bad guys and the hugest mega boss man” fight.
WWZ actually reversed this:
• Act 1 has the literal “global zombie hordes” and huge scale attack.
• Act 2 brings it a little more local and it’s about a single city and then a single base and operation.
• Act 3 is in a building with just a few dozen zombies with a potential resolution in the middle of them.
• Then the climax is literally the main character and a single zombie.
But at each point the stakes are raised for the survival of mankind. And the final, single zombie is the ultimate test to the theory the protagonist develops during his investigation.
As someone who loves film/story and have considered myself a filmmaker, I had a particular appreciation for that movie for how they raised the stakes and intensity specifically by scaling DOWN the fight, but changing what each conflict meant. I think it was all the more powerful because of it.
The constant need for big budget films and most fantasy-adventure narratives to scale up every battle, I think is a crutch that actually weakens its effect more often than not.
lol except that it isn’t and purely depends on perspective. One side would say it’s the corrupt billionaires because they are the ones corrupting the govt. the other side would say that the problem with the govt is that it is ALWAYS corrupted, so having it big and powerful is just creating incentives to *create* corrupt billionaires.
In the market people actually have to appeal to voluntary customers. In govt they get stolen funds and contracts from the money printers.
In other words they cannot be separated from each other. It’s a virtuous (or malicious?) feedback loop.
I just spent 20 minutes with my 2 year old boy, pushing a plastic dump truck back and forth across the floor, and he was having an amount of fun that should borderline be illegal. 🤣🤣
That was all, just pushing a dump truck. After 20 minutes he got up and ran off. I thought he was done… returned 30 seconds later with his trash truck too 🤣
🤣 🤣 🤣 The one thing that a second Trump presidency is undoubtedly going to provide is high entertainment value.
A masterpiece that @walker shared on twitter. This had to be a nightmare editing project, lol.
https://v.nostr.build/yOipCmkzOFRBQmw5.mp4
I have zero doubt that numerous Ai tools were used in this. But as someone who explores a ton of tools I don’t know of any that will go through speech transcriptions, grab single words, pull the video, modify the audio auto tune to match a song, create a custom song verse from available text, and use a non linear editor to out it all together with overlays, effects and compositing.
Even with a bunch of Ai tools, this was *not* an easy project
If there is something that does this entire stack of things together - I need to see this shit right now 😂
Sad day
Finally emptying & deleting @OpenSecret 🥲
I was really impressed with what the team put together and had high hopes for its future. But I understand the difficulty and cost in keeping something like this running and don’t fault them at all for their decision to let it go. They made something really cool and maybe someone can find a great way to use the code and bring it back.
Luckily, my deleting the app isn’t because of a lack of options, but because I have my fully sovereign, *very* responsive, lightning address compatible wallet using NWC and @Alby Hub and most of my other Lightning wallets just aren’t needed anymore.
Kudos to all the amazing builders out there driving us forward 🫡🔥
Onward 🚀 https://v.nostr.build/mQn9vsxu4Svmvflg.mp4
Eh, November is always like this. Feels like it shouldn’t be every year, but I remember having this little revelation many times. November is almost always just “pretend winter” it seems like. There are cold mornings sometimes, but it’s generally just moderate the whole time.
True. Thats supposedly what inspired the original SpaceX rockets as I read.
The big difference being it landed on little feet (like the rockets SpaceX has been running for years now), and also was tiny. The significant of this one is that it’s the largest rocket they’ve ever done. The thing is basically as tall as the Statue of Liberty. Nuts
For anyone sick of hearing about the election...
I made a compilation video about something amazing that happened recently so we don't forget how awesome humanity really is.
[🔊sound on]
h/t to @AJamesMcCarthy on X (& others) for some of the incredible footage
https://v.nostr.build/i941i5PJ9mI4FoB9.mp4
I think it’s about being able to out the rocket back together, making repairs, and not having to move it for its launch.
Sure they could land it somewhere else, but then how much does it cost to get back to the tower? Also it’s just massive and tall. The more weight and height, the wider and stronger the feet have to be for it not to crunch on landing or get blown over.
Thats what comes immediately to mind. It can literally just launch right back from where it is in a few weeks turn around the way they’ve designed it here.
A purposeful and planned demolition. There’s no other non-retarded explanation. It’s just incredibly hard to believe for some because of the other obvious conclusions it forces them to accept.
The only chance for him to be freed, is if trump wins and keeps his word. There's no other reason to vote that will make much difference, imo. I also already feel bad for Ross, just hope he has a future.
Well then Amazon might not be the prime example for this problem then.
The frustrating thing is that we can’t know without ever having had real interest rates during that span. Although interest rates during the 90s were far closer to floating. It wasn’t until the early 2000s that the price controls got really bad.
I also didn’t say that “a bitcoin standard would humble any company trying to do something at scale.”
That is not the statement when one says “fiat unnaturally benefits companies who grow off of constantly devaluing debts.”
It doesn’t mean scale isn’t naturally more economical. It is in most cases to a certain size and with agility being the opposing pressure. But fiat **subsidizes** bigness and causes bloat and waste across the board.
I’m not just saying that “everything will be small and big isn’t possible,” I’m saying the explicitly those things that aren’t sustainable but survive because they are huge and get subsidized debt and fake prices, THOSE corporations can’t sustain themselves. There is no way to know exactly which ones they are either, it’s just an educated guess. There is no control in this experiment and can’t be.
I don’t like Trump, and I have very little faith in govt ever being a positive force. It’s at least never moved anywhere but in the wrong direction for my entire lifetime…
But, an RFK Jr, Tulsi Gabbard, Vivek, Elon, and Ron Paul cabinet with the balls and conviction to try and fix things is really hard to not think would be awesome.
Do you know how printing money raises prices?
By wealthy bankers and corporations who get it for nothing buying up all of the critical resources and assets while they’re cheap.
It isn’t trickle down money, it’s trickle up ownership of everything.
#Bitcoin fixes this
#Fiat is slavery
They do not even slightly. Printing fist is a systemic and permanent imbalance in the game rules. Being early in bitcoin was not only hard af, and not only did almost nobody have the foresight and conviction to hold since then, but it’s no more an advantage than the person who buys Apple when it’s still a massive risk and just an idea. There’s nothing remotely unfair about it and it cannot be made more fair.
It’s the difference between someone who starts a board game and gets pints, before others even come to play the game, while fiat is simply that some people can issue themselves as many points as they like, whenever they like, and buy or own anything they want in the game.
If you think those two things are even remotely the same, you’ve made a very serious error in judgement, imo.
The act of savings is a net gain for the economy. Holding bitcoin isn’t taking anything from anyone, quite the opposite, it’s putting real resources into the economy and not taking anything back out.
As far as what bitcoiner do with it, they do everything one would do with money. Because it’s just better money. I live on a bitcoin standard. I get paid in it, I pay people in it, I save it, I spend it. It’s money.
The issue is simply that isn’t literally
Importable for it not to have been. And trust me it wasn’t for lack of Bitcoiners trying. We did everything we could, spending an excruciating amount of time trying to explain it and tell people about it when it was worth nothing but we saw the potential it had to solve an absolutely massive problem!
Sorry if the response came off a little direct, but most of the time when people bring that up they like to scream and complain about “unfairness,” when many many more people did know about it for a very long time, they just ridiculed everyone who used it and called it stupid.
When you tell someone about it, they call you an idiot, then years later it’s worth a lot more, and they call it unfair and say you’ve received unjust return… it can often make one want to punch said person in the face. 🤣
Sigh, first sentence should say *impossible*
In other words, the distribution of information is explicitly a limitation of reality, and we don’t live in a fairy tale. Its most often the people themselves who don’t want to hear it and don’t share it that prevents other from knowing.
In other other words, what you describe is literally axiomatic and unavoidable. There’s no alternative option.
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