Oddbean new post about | logout

Notes by Lee | export

 Thoughts about that... and how knowing this will lead to a new job category / role (just during the interregnum) within institutional treasury management teams. New title can be called something like utxo input/output manager... could even automate to a degree. Obvi there's more to unpack there, starting with "why even?" but if you check my bio it should be obvious why even. 

The future is coming on faster than brains can process it all.  
 Wow. Just wow. 
We're so early and too late at the same time. 
Depending on perspective, this rate of progress is either excruciatingly slow of face-melting fast.  
 Can anyone point me to the primary infrastructural vulnerabilities of the ethereum blockchain?

I recall arguments about centralization of validators, about necessity of AWS in many cases, and some tcpip element upon which the entire infrastructure depends (need deets there). 

Check my profile and you might be able to see why I'm asking... Can't share more unfortunately. 

@calle 👁️⚡👁️ 
 Anyone here maintain a handy list of countries where Bitcoin is already legal tender or has legal status as a property?

Already know El Salvador and the city of Lugano for legal tender... Many others where it's considered property. 

Any good sources I can look to?
TYIA 
 Apple devices and AppStore is a bubble and echo chamber ! Using GrapheneOS over an hour and it’... 
 Yegor, did you ever use Google and Android apps previously? I'm also curious about the graphene experience but concerned I might miss out on some of what have become (at least to me) essential apps.  
 IRS-CI Special Agent in Charge Thomas Fattorusso said: “$2 billion in transactions with an unli... 
 Isn't there a legal principle that financial privacy (or any privacy) is an inviolable human right, exceptions only when there's probable cause articulated in a warrant or involvement of a third-party with access to the "private" knowledge? 
 So for those running Ronin Dojo servers for their Samourai wallets.. what's your next move? #bitc... 
 Interested to hear thoughts in this direction, too.  
 Neither a big risk nor courageous on their part, just by the numbers and the structure. The real front-page news will be when a financial advisor of similar stature takes self-custody of bitcoin and makes their announcement.  
 What with Primal? Did all their relays die or something? 
 💐 🏆 💐 nostr:note1wtkm0d7d3u38eg6jmkgdrja3cka5kjpes4luxdgxn3mvpzdl4y9qrz8z3g 
 Awful
Just awful 
Worse that it took fully 6 seconds for me to get there 
 testing out Strike Europe we just realized our USD/EUR cross-currency payments are way better tha... 
 Wondering whether this will be discussed in the board rooms of financial institutions still struggling to home-brew their own stablecoin. 🤔 
 Hey @hodlbod 
Listened to your interview on Bitcoin And... yesterday. Great stuff sir and gave me loads of homework to do. 

Questions: Is there utility in approaching nostr as a potential for "closed" communities? I recall you mentioning a scenario where you and a friend might share the same set of notes... but could that be scaled to maybe 50 friend and family identies with access, 500 tuition-paid students, or 5,000 employees, etc.?

https://fountain.fm/episode/vxd7ojlUhTZTY3RG1Za4 
 Excellent episode on Revault and Linera from @stephanlivera

https://fountain.fm/episode/ubZGp5GY4wzNS8bAHOZJ 
 *Liana 
 This may be an example of circular reporting but definitely wanted to share as it's in my wheelhouse:

TD Bank Releases Commercial Explaining The Bitcoin Halving And Promotes ETFs
 https://bitcoinmagazine.com/business/td-bank-releases-commercial-explaining-the-bitcoin-halving-and-promotes-etfs via @nikcantmine 

I note with interest that Bitcoin magazine does not include any sort of sharing button for nostr like they do for X, LinkedIn, etc.  Why is that, I wonder.  
 I’ll never understand the obsession with sauces, marinating and cooking oils. 

Quality meat co... 
 Favorite cut? 
 Tasty
Delmonico among my faves. Good fat content.  
 Interesting.
Are you cutting your own because you're also harvesting your own? 
 Ah... got it. 

I'm fortunate to have a local butcher (with abatois) who sells a half or quarter beef for <$4/pound. I'm quite happy to have that opportunity but would prefer an even more direct stomach-to-cow relationship. 

I like your retail solution though. Cutting your own probably brings you "closer" to your food, for sure.  
 THIS IS NOT CONTROVERSIAL.

IF PEOPLE STOPPED SIMPING AND ASKED SAYLOR HIS OPINION HE WOULD ENCOU... 
 @Whitney Webb any thoughts on this? 
 The thing that excited me most about nostr was the market.

I tried to set up a nice market on ln... 
 what were you selling? 
 When available on Audible, too? I like to do both paper and audio... but audible is my prey over Kindle.  
 yes. ordered yesterday and looking forward to receipt Friday.  
 thanks I think 🤔 
is that a gift for me?
pretty cool, regardless 
 Entonces, muy amable, pana.  
 What's the next big feature you want Amethyst to have? 
 This would be nice... though tbh I only understand 80% of what you just said I can point to a potential use-case with a ready made user base(s)... no need to wait for the adoption curve. 

...Wondering how one might implement an 'internal nostr' for a company to replace the typical suite of Microsoft products (outlook, office, teams, etc.). 

///skipping past all the general and specific requirements you might want to dump into Jira for your agile story... straight to a potential limiter (with silver lining)///

This might imply need to 'translate' items in & out to support external comms for business, etc. Or, could simply not translate at all in order to 'compartmentalize/sequester' the company nostr instance (to prevent spillage of any sort). 

Banks, university researchers, healthcare, government... all endeavors that might consider inviting the Lost Boys Kiefer Sutherland character in the front door b/c they see advantage. (Give it some time and shake lightly, et voila! You've made bitcoiners.) 
 does consolidating already-coinjoined UTXOs affect privacy in any deleterious way?

no, right?

#... 
 Samourai is same or different in your opinion? 
 Happy birthday, Mr. Nakamoto, wherever you are! 
 “Social Onboarding” is Coming to Nostr.

Because “friends inviting friends” is Nostr’s ... 
 Looking forward to this.  
 Cashu was a long con all along that leads up to this one single joke. My work is done here, I sha... 
 lulz
thanks for that  
 Sincere question here: did he (Ross) or did he not solicit (and pay for) a murder for hire?  I'm not asking whether it was entrapment or whether there were extenuating circumstances. I just want to know whether the reporting was accurate about that element.  
 thanks for sharing that. 
I was unaware of the charges being dropped in a separate jurisdiction.  
 I hate slack more every day.

email only. 
 I waiver between the long-form email with action items clearly marked, etc. andthe professional yet pithy equivalent of "let's discuss."

What's your preference? 
 Hey you didn’t agree with me so I am going to be insufferably disagreeable on everything you po... 
 Need an audio warning on something like this in future. Maybe, "Warning! Do not play this audio more than once unless you want to throw up a little on your mouth." 
 "I would never join a platform like Nostr if there's no way notes can be deleted"

"Why is that?"... 
 I'm here. 
This is me. 
I wouldn't say anything here that I wouldn't also say to a room full of strangers.  
 checked into getalby today to get my own readable lighting address but saw they're invite-only now. 

any recommendations out there for another service or method?

tyia 
 will check it
thanks 
 Things are proceeding as expected. Another RAMPING casualty in heart of ASIA

South Korea is top ... 
 I wonder whether there are opportunities there... I mean, a door-closes, window-ope s kind of thing.  
 They beclown themselves... 
Begging for no one at all to take them seriously they legislate against gravity and rotation of the earth. 
 If someone non-technical asked you how to buy bitcoin and self-custody it, what resources and dev... 
 I used to walk them through downloading the Strike app. Now I just share my Swan Force link. 
 Mark Jeftovic at bombthrower.com was the first person I ever heard posit that ethereum would become the defacto CBDC either directly or with a new government token riding on that chain. 

So, this sounds about right.  
 Did the US bank that received the $5m bribe Burisma sent Biden have proper KYC/AML compliance in ... 
 I'm sure they did, Marty. 
they almost certainly reported it, too.  
 Busy Sunday for me so far, kicking off #SkepticismSundays a little late!

The goal of this thread... 
 Do you think that will be less of an immediate issue if people use appropriate privacy tools to protect the status of the rest of their stack? 
 What you say makes sense. 
Do you also see the possibility that game theory will make 'zero KYC' options an attractive offering both for individual companies/merchants and for jurisdictions?

All one needs to do is to break the seal and recruit first followers like Sampson Maow (sp). is trying to do.  
 sadly, I agree
sometimes I forget many people are not oriented to care.  
Event not found
 Similar to "dusting" with btc from a sanctioned address, in a way...
Interested to see more answers to your hypothetical, Semisol.