I thought that our AUD shitcoin was pumping also but was mistaken. It's just our currency failing


Not quite yet, but this is going to be a big one eventually. This Trump SRA thing is quite an interesting workaround as we'll not need mass adoption. USD will become an L2


Sorta. Yes, pow converts energy to coin. Coin then becomes a non leaky store of potential energy in the social sphere. Money is a weird type of call option in the market


Bitcoin is time deferred barter


relay.damus.io
relay.damus.io
relay.primal.net
nostr.fmt.wiz.biz
nostr.wine
nos.lol
nostr.bitcoiner.social


Add a few relays manually here's a few


Tested


Looks like it works


Bitcoiners are of the few groups who have not only woken up to the big scam but also have a counter measure


This video is the warning you need to not handle your keys in the open, much less in a QR code.

https://video.nostr.build/923e09a299a4ac02f79f2a8caee7786bccc4762cb6b9f719648e729747b79c4b.mp4


covfefe


Single points of failure are doing Single points of failure things


It's clown show central

https://image.nostr.build/62070c5e70f9e99b139242eba6be630e52e4f0a2a086a558252f4480d8a7020c.jpg


Many are already.. albeit through trickier mechanisms


There's a lot of talk that we're living through a form of Exodus, amongst quite a few bitcoiners. Many of us have worked out that we are indeed living in a slave system.

Interpret that however you want, but here's just one of data points. Do they teach our kids in the "schools" how money really works? Do they even teach them about the Cantillon effect? Did they teach us? I seem to remember them teaching us keynesian crap.


Marketing team obviously skipped Mises

https://image.nostr.build/674362ca7af8f0bb680aa5e7ae6f248b147edb717b2e5670a4a8018d1683803d.jpg


The term "digital bearer asset" can be perplexing for those unfamiliar with Bitcoin, as it challenges the conventional concept of digitization.

Typically digitization entails replicating physical objects digitally, suggesting they can be easily copied and manipulated in the digital realm. However, Bitcoin's paradigm shift becomes evident when we examine its proof-of-work mechanism. Unlike traditional digitization, Bitcoin's process involves substantial real-world energy expenditure to create a block which starts life as an abstract digital object. This consumption of physical resources places tangible constraints on the digital asset, making it practically and economically infeasible to recreate from scratch.

Rather than the process of taking a physical object and digitising it where the digital version behaves as abstract representation of the physical. This process takes a digital item in the reverse direction and places physical constraints upon the once abstract object.

This suggests the need for a phrase as "materialized digital asset" (perhaps actualised or physicalized for example) to underline its departure from the loaded term of digitization, emphasizing its reliance on physical resources and its resemblance or behaviour to a physical asset or object.


Nice 👏


The proof-of-work chain is a solution to the Byzantine Generals' Problem. I'll try to rephrase it in that context.
A number of Byzantine Generals each have a computer and want to attack the King's wi-fi by brute forcing the password, which they've learned is a certain number of characters in length. Once they stimulate the network to generate a packet, they must crack the password within a limited time to break in and erase the logs, otherwise they will be discovered and get in trouble. They only have enough CPU power to crack it fast enough if a majority of them attack at the same time.
 They don't particularly care when the attack will be, just that they all agree. It has been decided that anyone who feels like it will announce a time, and whatever time is heard first will be the official attack time. The problem is that the network is not instantaneous, and if two generals announce different attack times at close to the same time, some may hear one first and others hear the other first. They use a proof-of-work chain to solve the problem. Once each general receives whatever attack time he hears first, he sets his computer to solve an extremely difficult proof-of-work problem that includes the attack time in its hash. The proof-of-work is so difficult, it's expected to take 10 minutes of them all working at once before one of them finds a solution. Once one of the generals finds a proof-of-work, he broadcasts it to the network, and everyone changes their current proof-of-work computation to include that proof-of-work in the hash they're working on. If anyone was working on a different attack time, they switch to this one, because its proof-of-work chain is now longer.
 After two hours, one attack time should be hashed by a chain of 12 proofs-of-work. Every general, just by verifying the difficulty of the proof-of-work chain, can estimate how much parallel CPU power per hour was expended on it and see that it must have required the majority of the computers to produce that much proof-of-work in the allotted time. They had to all have seen it because the proof-of-work is proof that they worked on it. If the CPU power exhibited by the proof-of-work chain is sufficient to crack the password, they can safely attack at the agreed time.
 The proof-of-work chain is how all the synchronisation, distributed database and global view problems you've asked about are solved.


It'll get fucked up and weird when the state loses control. All those closet authoritarians, control freaks and totalitarians aren't going to give up without a fight

Just look at all the closet authoritarians that came out of the woodwork in the last three years


Spontaneous ossification 👍