nostr:note1z37d87dndyhqt38t66wptaq7dj92zlfu9jwjkveuhuv00yvws36qpdz535

this note is gonna form the basis of my Dubai talk so would appreciate feedback if you have any - the more detailed the better and can DM if you prefer.


You may not like it, but censorship resistance is the value prop. Everything else follows.


probably both are fine but “bullshitted” is ugly and “bullshat” is funny.


I think I just learned it on my own tbh. always been super interested in philosophy of language.


you'll own nothing and you'll be happy https://image.nostr.build/9069808557c744d0497d4d6a9d333fbf402853a5f1826ba6cab844ae874b8f99.jpg


nostr:note10w7wy6uckjuptx8kn877xr5e4dyprdkkl6awapumu586pvyj55fql3xkz6

possibly my most important ever note.

#grammar #bullshit


I think you’re confused because you would never use “shit”/“shat” transitively. you shit *at* people, you don’t shit them (I sincerely hope).  a more obviously transitive verb might be “punch” as opposed to “talk”. so you “talk to me” or “talked to me” but you “punch me” or “punched me”. bullshit is like punch: you bullshit people, you don’t bullshit at them, so if it happened in the past, you punched them or bullshat them.

the final confusing quirk is that in my subtitle the past participle is being used as an adjective, but that doesn’t change the conjugation.


I don’t think so because you say “you’re bullshitting me” not “you’re bullshitting at me”, implying it’s a transitive verb with the target of the bullshit as the object of the clause. then you just have to conjugate as a past participle and “bullshat” is both funny and arguably correct given “shit/shat”.


ACK


Did they convince you that disarming yourself would protect the vulnerable?
Did they convince you that handouts with strings would be good for the poor?
Did they convince you that censorship would be good for you & reduce the hate in the world?
Did they convince you that equality could be achieved by allowing them to loot the successful?
Did they loot you instead, & drive up the price of your groceries & other basic needs?
Did they convince you that following their medical advice was good for your health?
Did they convince you that living with less would save the planet?

https://image.nostr.build/753ee9b6ea6b983b38d36b5deef6f968d34c66973b8c70d5a48a4a53ca6d8696.jpg


just got the green light from organisers of bitcoin oasis conference in Dubai to give a talk to a predominantly tradfi audience titled:

Web 3.14159
or, How To Avoid Being Scammed And Bullshat

if that doesn’t make you wanna get a ticket right now then I guess you just hate fun, wisdom, and justice 🤷♀


“Nutzaps”

Yes please. I would like for us to call it this forever. 🤣🤣

There are normal zaps, then there are nutzaps. nostr:note1uklpqtc3e4hl97tcvqncfavdkedyw5r6rtrgcwav54ytwzlytvaq52a0df


ZAP ME IN THE NUTS BRO, I CAN TAKE IT!


noted 📝


DONT TELL ME WHAT TO DO!


“see ay ess aych yoo ay ee why jay zero bee too tee ell …”


bitcoin audible wen?


couldn’t have put it better myself


🧡

nostr:nevent1qqs9sz8vrvqvus65ynshz87dfrlhyrypy468cav9zwlfdhx6pe6c5acpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgq3qklkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qxpqqqqqqz8tk3w9


so you like it?


This was one of those moments, where technology works so magically, that I start screaming uncontrollably, and the people next to me ask if I'm alright.

It's not just that it works, but that you get a glimpse of what this technology might mean for humankind.

nostr:nevent1qqsyxqm23zlhvzhk4dvzu6wp5ge2u669n45wfdklewjdshxjsvur9zcpp4mhxue69uhkummn9ekx7mqzypgdjn7zmpvqc6ptqud9gtutrcc6yq9s2z96h9dr80hss4wl9qwkxqcyqqqqqqgsezu0x


Think about where we were just 1-2 years ago guys.

We literally didn’t have this place. This network is obviously still very small in the larger scheme, but I think uts already having a big impact on how information moves particularly in the #Bitcoin space. I’m increasingly feeling like the move to #Nostr from Twitter will mimic the move from Reddit to Twitter back in the 2016-18 era. nostr:note1mel5d84ace660x7xtmynusd6v9d2jljuu7fh4w3nw5fsjexrs6lqzpuvyn


big smarts


nostr:note1csjevauhaceehz2j79h6an6n68aeju94z9hlvvmk9zgslc97unvs58kgm7

running Primal on iOS 😎


BIG NEWS: Primal for iOS is now live on the App Store.

This release comes with an integrated lightning wallet, ability to zap and get zapped, send & receive lightning payments, and buy small amounts of sats via an in-app purchase. I will talk in detail about our wallet approach soon.

We worked really hard to make the Nostr onboarding experience as smooth as possible, and give new users the ability to send and receive zaps without friction. Please try the app and let us know your thoughts! 💜🤙

https://m.primal.net/HRoA.png

https://apps.apple.com/app/primal/id1673134518


Help us spread the word about our iOS release on X:

https://twitter.com/primal_app/status/1730611976189960387


“What would it seem like if it did seem like a global, digital, sound, open source, programmable money was monetizing from absolute zero?” nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt

Anyone else ever just say that to themselves and instantly feel better? https://image.nostr.build/b5daf69eec59110844078d11dde8657c3c88e78cd5789a8fcbf9d1480e4d8e99.jpg


nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt's article “Wittengenstein’s Money” is the best exploration of this question.

“What would it seem like if it did seem like a global, digital, sound, open source, programmable money was monetizing from absolute zero?”

https://allenfarrington.medium.com/wittgensteins-money-7cac8d0635cf nostr:note14gs5gknlask38eq4wzcucs08etf7hchvwztnccchrqrv5wwezquslfc5fl


what about if somebody gives you silver bullets for free?

CORNER CASE MOTHAF*CKAAAAA WATCHA GONNA DO NOW?!?!?


ofc, I’m not a barbarian


does Alan Walker ever *not* throw off bangers?

(apologies in advance if this isn’t your thing. I’m well aware it’s garbage. “banger” has a technical definition)

https://www.youtube.com/watch?v=jr4VkOgF7Ms


is the dog stacking too?


reasonable, but depends on the illness, the timing, the combinations, and the dosage.


time has already revealed the truth. the question is whether people are curious and brave enough to look.


The reason both mercury and aluminum were added into vaccines was specifically because they didn’t work without them.

When these were added (which was originally a mistake because it was a cleaning agent that they failed to remove from a horse antibody vaccine), it would create a HUGE immune response. Something like 100x or more immune reaction in the body. And it would treat everything with it as an intruder, and learned to fight it all off. This is why such a small, weakened amount of some virus can be added, but your body will build antibodies for it.

The crazy thing is, they were so happy with the success, that they just ignored any possible damage that these additions would cause. They excused it away, defended it with bad science, used studies of *ingested* aluminum to defend it being directly injected to the bloodstream (hilariously not the same thing), and have done everything they can to cover it up, while also ensuring that they aren’t liable for **any** of the horrible consequences of aggressive over vaccination.

The simple, and common sense question should be, WHY does the body have such a vicious immune reaction to these metals? The simple answer: they are horrible for the human body. They cause neurological damage and are carried through the lymph nodes all over the body. And the immune response is so aggressive that it causes the body to overreact to other, innocuous things. It’s not a coincidence that the very concept of food allergies were literally nonexistent, until mess vaccination became a thing. Vaccines work against their claimed disease, but they have a long, horrible list of chronic, neurological, and immune diseases that should be obvious if we weren’t so blind with “normality.”

Normal and accepted means neither safe, nor truthful. The very creation of vaccines and what made them work suggest the very side effects that are now rather thoroughly proven. I mean shit mother’s with autistic children have literally been paid damages in court in multiple cases. It’s only that people are too afraid of looking like a fool (understandably), because they know others will react poorly, or they are too afraid to let themselves believe something so widespread could be so wrong.

Time will reveal the truth, it’s just sad how many, and specifically how many children, will pay and have already paid for such a horrible lie to be uncovered.


CunninLynguists for me:

https://www.youtube.com/watch?v=GK9EmWZNPpo


wen mom & dad makeup sex https://i.nostr.build/lG8w.jpg


again - “your data” - um … what does that even mean?


I’m thrilled to announce that the first long-form book of fiction on Bitcoin - 24 - is now available for purchase.

https://www.amazon.com/24-Avi-Burra/dp/B0CN9NS87B/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1700089125&sr=8-1

Here’s the blurb:

“Surreal, suspenseful, and thought-provoking, 24 is a book about Oliver Battolo's journey, as he comes to terms with the unexpected death of his father, and in the process discovers that he had been harboring a bizarre secret.

Set in the year 2022, Oliver learns how to slay demons past and present, as he unravels the mystery that leads him to secrets hidden in paintings, returning characters from childhood fantasies, alchemy, and somehow, bitcoin.”

There is a hidden bounty in the book, that can be unlocked by finding clues spread all through. I will be periodically adding to the bounty with a percentage of the book sales profits until it is claimed. Right now, it stands at 10M sats and can be tracked here:

https://mempool.space/address/bc1qy5enkjplrwm4kaag4qgqjppsjy4k3a6fy7z879

I hope you enjoy reading it as much as I enjoyed writing it over the last year!


The opposite, on the other hand...
https://prateekvjoshi.files.wordpress.com/2014/01/sum-of-all-natural-numbers.png


don’t say I didn’t warn you:

https://twitter.com/TaprootWizards/status/1725163116059627761


Bitcoin is more correlated with global liquidity than any other asset I track. Liquidity doesn't generally tell you the *magnitude* of what bitcoin's price will do, but it has a pretty strong push/pull on the *direction* that bitcoin's price goes in, all else being equal. It's not the only variable, but so far it has been a meaningful one. The mechanism is that it affects the rate at which new external capital tends to come into bitcoin.

Bitcoin supply halvings are an expression of its hardness. And the direction is always harder.

Global liquidity is an expression of fiat currency hardness. Usually it gets softer over time, but with brief periods of hardening. And fiat currency is much larger overall, so it affects a lot of asset prices including bitcoin. Due to bitcoin's inherent moneyness (lack of earnings or other dynamic factors) it tends to correlate to liquidity more tightly than other assets.

https://m.primal.net/HQQt.png

https://m.primal.net/HQQu.png


“right to be forgotten” is so stupid only a government could propose it. what could it even mean? a “right” to give everybody you ever interacted with a lobotomy?


Some days, Clown World provides all you need and more… 🤌🤌🤌

Thank you to Biden and Newsom for their contributions 🫡 https://v.nostr.build/0QO6.mp4


I’ll put YOU in the blockchain …


I TOLD YOU THAT IDEA IN CONFIDENCE DONT YOU DARE STEAL IT!


you like it?


Bookmarking this for when i become not illiterate and retarded


I’ve engaged with enough professional shitcoiners, or shitcoin-adjacent tradfi deliquents, to have noticed a hilarious pattern to their butthurt reaction to nobody really caring about ordinals, BRC20, or whatever they are migrating to of late.

keep in mind what a monster breakthrough shitcoining on bitcoin would be to their business models, btw (which I may or may not get around to writing up soon - this isn’t it, fyi). given shitcoinery at large is finally fading away, this spins up another 5+ years of complete and utter nonsense marketing and the FOMOing management fees that follow spouting this bullshit confidently enough.

what they’ve converged on to explain resistance - apathy, even, given I wouldn’t say I care one way or the other. yay fees!  - is the idea that bitcoin development works in a top-down manner and has “priests” (they like this kind of religious vernacular, which I’ll come back to) who decree what projects will and won’t be worked on.

the level of projection here is astounding. it’s an open network. you can work on whatever you want. we are talking about ordinals NFTs in the first place because you already did it! you ran the scam! you got out with the money! and you’re upset that … you weren’t congratulated for it more?!?

it’s completely insane. contrast that to the alternative: they fucking despise lightning and there is no end of deliberate misrepresentations they won’t tell about it to aggrieve how hurt their butts are. obviously lightning isn’t perfect (nothing is perfect - it’s engineering, not art or, as they are more used to, performance art) but notice that isn’t their object level complaint because they don’t have the technical understanding to frame it that way. they describe their complaint as if it were anthropological, something like: the “priests” decreed all scaling efforts will focus on lightning, and lo, it was so.

again, it’s an open network (this time on top of another open network). I can’t tell you how many times I’ve spoken to founders who are building on lightning because, unlike whatever crypto ecosystem they already spent 3 years toiling away in achieving nothing of practical value but doing free marketing to unscrupulous financiers, lightning actually works. they appreciate the design methodology. they *choose* to work on it. it is as bottom up a phenomenon as could be imagined and yet to the reactionary shitcoiner, it must be top down. how can it be explained any other way? what else could make people want to work on an ecosystem with no money printing if not central and ideological coordination? iT dOeSnT mAkE aNy SeNsE!

(fun fact: now they are learning what nostr is, they recycle all these same patterns of thought. "why would you work on decentralized social media? don’t you know we tried that in crypto? don’t you know you can issue tokens on bitcoin now?!?”)

so people aren’t using one free and open tool because they’ve been told not to by their church, but they are using another because they have been told to by their church. it couldn’t possibly be that they’ve decided to work on one and not the other because they *understand how they work and what potential value they will have long term, not to their unscrupulous financiers, but to their users and to the world.* nope, couldn’t possibly be that. must be the religious dogma.

now obviously we can expect object level discourse agitating for defi, DAOs, and all that kind of nonsensical bullshit. but, again, it’s frankly a more anthropological examination that fascinates me. what is it they are saying about the people involved? is there a social analysis rather than a (quick and boring) technical one?

self-congratulatory as this unavoidably is, what they hate is the raw meritocracy. money means nothing, reputation means *something*, but by and large ideas stand on their own. there is a fascinating subtlety here around the human (i.e. anthropological) response: because this stuff is technical and has to *actually work*; because it isn’t just aesthetic; because it serves a purpose and is validated in the real world; there is some objectivity to what is and is not a good idea. now, you can’t deduce it. it isn’t math. there will always be pros and cons. but it isn’t just taste either. some things *objectively* work better than others. there is nothing “open minded” about praising poor engineering.

honest, intelligent people attracted to the intellectual meritocracy will, therefore, on a long-enough time horizon to allow for battle testing the ideas, for teasing out pros and cons to a satisfactory degree, tend to agree on which are the best.

now, these people have bad ideas and get mad they can’t buy or shame or whatever else the meritocracy into getting onboard, so they project all this crap about “clergy”, “anointed”, and whatever other religious vernacular fits their cargo cultish misunderstanding of what it is they are looking at in the first place. heathens to this church are treated as brave, independent trailblazers, fighting back against an intolerant majority (by freely building one kind of free stuff over another 😕). that almost everybody independently concludes that these ideas are bad, because they proudly have rigorous standards for evaluating merit, BECAUSE THIS STUFF MATTERS AND IS BIGGER THAN YOU … they see as groupthink; as monotonicity; as the hierarchical broadcast of dogma.

and by the way, build to your heart’s content. as mentioned above, I don’t particularly care, and I think most people are the same. just don’t demand I like whatever bad idea you are working on. the problem is not “the builders” of reformist lore, it is their financial exploiters, of whom this is all downstream …

they all come from a world in which bullshitting hard enough will tend to yield a positive return in the end. obviously, in such an environment, everybody’s bullshit contradicts everybody else’s and yet everybody still wins. the idea of meticulously working to weed out bullshit and narrowing in on the actual truth is extremely uncomfortable if this is all you have ever known, and what you now expect to find.

as alluded to above, the funniest part is the projection. everything I’ve just sarcastically outlined is in fact its very own meme. it circulates in these cliques and infects any host susceptible to non-explanation for this culture shock. *it is not arrived at independently via rigorous reasoning*. it literally is the hierarchical broadcast of dogma.

and it’s ramping up for another 5+ year wave. enjoy! 😃🥳


1. Internet connected closed source microphone in your living room, kitchen, and bedroom.
2. Internet connected closed source camera at your front door, surveilling your street.
3. Internet connected closed source watch with a microphone and health tracking. (apple
4. Internet connected closed source "AI powered" pin on your shirt, recording video and audio.

Surveillance capitalism has dominated the last decade, without any laws compelling people to use them, these tools have been normalized. People have chosen to be digital slaves for a little extra convenience.

FUCK THIS DYSTOPIA. Freedom tech provides us all the ability to say NO but it requires us to choose the more difficult path.

https://m.primal.net/HPov.mp4


so I’m gathering my thoughts for Only The Strong Survive v2 - which may or may not ever actually happen, fyi - and I have a theory about crypto I wanna run past the good people of nostr.

in my mind the following explains a few things handily: i) why so many smart and seemingly well-intentioned people work in crypto; ii) the nature of the legitimate innovation to have come out of that ecosystem that the people in i) are attracted to; iii) why cryptobros are either mad or confused that bitcoiners don’t take i) and ii) more seriously, and; iv) why despite all the above, bitcoiners are basically *still right* to not take it seriously.

I really like this theory but tbh what worries me is that it’s basically *too elegant*. I’m sure the reality is much messier so I’d appreciate picking holes in it. here goes:

***

there are 3 use cases for crypto: scams, stablecoins, and R&D.

- scams are scams, I’ve written literally hundreds of pages on this so I don’t feel like elaborating much here.

- everybody knows what stablecoins are but here’s where it gets interesting: I think they have no technical merit but they have massive commercial merit (I’ll elaborate on both shortly)

- by R&D I mostly mean the (truly!) cutting edge cryptography and distributed systems research going into zero-knowledge systems for “scaling.” These have massive technical merit but no commercial merit.

***

now here’s what I mean by all that:

by “no technical merit” I mean that stablecoins have central issuers. you *can* issue them as blockchain tokens but you really don’t need to. the issuer could quite literally run a database with some straightforward public key signature schemes for transfers and it would make minimal operational difference. the fact Tron is the most heavily used for this is testament to this point: it is barely even pretending not to be a database. for whatever stupid reason, this works as regulatory arbitrage because regulators are retards and this is iNnOvAtIon that is spared their violence, but, again, it has no technical merit.

by “commercial merit” I mean that this is *extremely widely used and valued* as a means of providing dollarized shadow banking to countries with absolute joke fiat currencies. while cryptobros love pointing to this and many bitcoiners tie themselves in knots explaining it away, I see it as essentially unrelated to bitcoin. clearly there is a superficial connection, but you could create any superficial connection you like by shoving a blockchain into somewhere it doesn’t belong, and regulatory-arbitrage-induced massive commercial success doesn’t change that more fundamental analysis one bit (fyi, highly recommend nostr:npub185h9z5yxn8uc7retm0n6gkm88358lejzparxms5kmy9epr236k2qcswrdp’s take on this on recent(ish) TFTC - he goes into more detail than I have space to here)

“technical merit” is self-explanatory, but the circumstances are worth appreciating: currently it’s only really in Ethereum that you can permissionlessly experiment with pretty much unboundedly computationally complex cryptographic schemes that operate on real value, which is attractive to (basically) academics if you want to try things out in the wild rather than just in papers on ArXiv.

buuuuuuut … by “no commercial merit” I, of course, mean that the “value” being played with is nonsense. there is tens/hundreds of billions of dollars (cycle-stage-dependent) of value at stake to play around with, but there shouldn’t be because the *underlying systems* make no technical or economic sense and the value is only sustained until there are no greater fools and/or the pump and dump funds at the root of it all reach the end of their lives.

***

finally, here’s how the contrasting attitudes break down:

cryptobros are mad bitcoiners don’t like stablecoins because they have clear commercial merit, so why would you ignore that? and they are mad bitcoiners don’t like the crypto R&D because it has clear technical merit so why would you ignore that? if you are happy with technical merit but no commercial merit, or vice versa, it’s easy to convince yourselves bitcoiners are recalcitrant, closed-minded, tribal, dogmatic, or whatever else, and just kidding themselves about what has been achieved in ex-bitcoin crypto (and of course, they conveniently ignore the scams as something like “collateral damage” or “using this tool for evil rather than good” or whatever, rather than actually pretty core to the whole thing)

buuuuuuuut … bitcoiners are either ambivalent on or outright reject both because they lack the half that makes it worthwhile. bitcoin has technical *and* commercial merit, therefore is worth working on.

so the bitcoiner’s attitude (also mine, hence the above is obviously going to be biased in this direction) is, roughly: you can work on stablecoin and stablecoin-adjacent tech and finance if you like, but, even if it’s massively commercially successful, it’s kinda LARPy because it doesn’t even really have anything to do with “blockchains” and, once the state catches on to the larpiness of the iNnOvAtIoN, it lacks the technical merit to resist that obvious attack. likewise you can work on crypto R&D if you want, but if you are building it all on a self-referential house of sand (/cards? not sure which metaphor I prefer) you are likely wasting your time in the long-run. you are building ways of manipulating value that we can say with near certainty will no longer exist on a long-enough time horizon. maybe you’re okay with that but probably you just haven’t thought it through carefully enough.

***

there are interesting follow-ups here as to whether either stablecoins or R&D (i.e the stuff with partial but incomplete merit) could or should be brought to bitcoin, but this note is long enough and, besides, I’m aiming at an accurate analysis rather than a normatively motivated prescription, so maybe some other time.

I’ll note before ceding the floor to questions or comments that I arrived at this by pattern recognition from a shockingly large number of the founders I speak to in my day job. I’d guesstimate 1/3 of them came from crypto, and 90% of *them* gave some variation of one of the two explanations above as to what was lacking and why they moved, all of which they independently realized after working on [whatever] for long enough. I’m open to there being some massive sampling bias in that source of info, but I thought it was worth throwing in by way of justifying that I didn’t just make all this up. I mostly just observed and codified …


OMG I WAS THINKING THAT TOO 😃

but yeah it’s more anthropological than economic. doesn’t use the word or concept of “capital” as far as I can recall.


😏

https://image.nostr.build/73daa3725db8ef21c03dfdb9bba8dd0ed6d74007707a0a196edc8aa48353a66d.png


Any good writing on open source software as a capital stock?

cc nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt nostr:npub1m7fjc8z7t00jzrgkfm4kzvnv4chf04rq9ykpke0rpe0ke2kud24qmg0l4p nostr:npub13l3lyslfzyscrqg8saw4r09y70702s6r025hz52sajqrvdvf88zskh8xc2


Working In Public by Nadia Eghbal (since married and name changed to Asparouhova) is pretty much the only resource on this I’ve ever been aware of (besides Bitcoin Is Venice, obvs 😉)

fun fact: I’ve had on my to-do list for a while - but also *to be done* in a while, so no rush - to reach out to her and offer to contract to do a deep dive for Axiom on the overlap of Bitcoin and FOSS, ideally as a follow-on to her great book.

I was thinking you could have distinct and interesting sections on Core, Lightning, BTCPayServer, LNBits, and Nostr …


DRINK!


maaaaaaybeeeeee


indubitably


guys, come on - “anonstr” - such a layup 🤦♀


pretty lit season of selling sunset if I don’t say so myself. already tingling with anticipation for S8 👀


great idea from this random anon nostr:note1vedysr359wgm92xdyr77j8jea0ksfx8cq74ahey6sg4waygr6qnq0eedjz


omg so embarrassing when Guy forgets about gauge theory. it’s like, how many times a week does this have to happen?


every couple of months I am suddenly sad that I still don’t own a kazoo 😢


LIFT THINGS UP AND PUT THEM DOWN!

https://www.youtube.com/watch?v=q7gzmoqmL7g


5+!

nothing to do with bitcoin epochs; it comes from tradfi funding horizons.


millenial lower case bruh


good tip 👍


(if you live to see it)


millennial lower case ftw bruh


lol, nice glitch from Damus on this one. a note so nice I posted twice!


I haven’t! thanks!

3blue1brown is so great. fun fact, I emailed with an idea for a video and he sent a very nice reply!


haha that’s *almost* exactly what I’m looking for! I also watched that a few years ago and loved it. so close, but no cigar.


lmao here comes some more:

https://www.standardcrypto.vc/thoughts/bitcoin-is-dead-long-live-bitcoin/


I feel like I get the *idea* behind SHA256 but holding it all in your mind at once - correctly writing out the entire algorithm, for example - is so friggin hard.

does anybody know of any resources that help explain either i) the intuition behind these *kind* of operations, without getting bogged down in exactly which are used, or, relatedly, ii) why certain constants and variables were chosen and what effect they have over other, seemingly arbitrary, candidates?

I feel like what would be really cool, and would tie together a lot of this, would be a split screen video with 3 sections in which 2 very similar inputs - say, with 1 character difference - are run through the algorithm at the same time, and the third section shows what operation is happening at that moment.

that way you’d be able to “watch” the “scrambling” and get a better visual intuition for the mechanics rather than just believing it has certain properties.

I wanna be able to explain *why* it has those properties. Currently I only feel like I kinda can …


I even have a good title: shitcoinery without shitcoins 😎


there is a wave of shitcoinery coming to bitcoin like you guys have never seen.

I started writing up my thesis on this, thinking it would be a cute little note and get a zap or two, but I’m an hour in and I’m just angry. will maybe post tomorrow, but in the meantime enjoy my muse (I read it so you have to read it too):

https://outlierventures.io/article/bitcoin-unchained-the-new-startup-goldrush/


ngl this is hilarious


A strange game. The only winning move is not to play.


haha I’m here all the time, I just don’t say much coz my prime skill is shitposting and trollling normies.


https://image.nostr.build/389eb4fa4889e5dd0cb75867b079496a9637a733a4f7000e92faf4b93482700d.jpg
People have been saying the same thing for generations:

"If only we just got the right president, better congresspeople, more virtuous x y z leadership positions..."

Problem is, no leader, no matter how great and principled they may be, can turn around a system this corrupt. (Ask JFK).

This is why I've never cared less who the president is. The position has been intentionally gutted of its power by the oligarchs higher up the chain (central bankers). It's designed to keep the free money game going no matter who the "leader" in the fancy white house chair is.

So...How do we ACTUALLY create systemic change that isn't reliant on scouring the universe for the perfect politician that doesn't exist, and couldn't make any real difference even if they wanted to?

The answer is not easy, but it is surprisingly simple:

Delete the central banker's ability to print unlimited free money for themselves, by opting out of their form of money altogether.

i.e. sell fiat, buy #Bitcoin

This sounds like an insurmountable task at first, until you realize this is a global experiment in game theory, and we are already well underway.

As we speak, Bitcoin is being adopted at a rapid pace in countries lower on the economic totem pole, who have less to lose by taking a flyer on a brand new form of currency that isn't constantly manipulated/weaponized by USA.

Exhibit A: El Salvador, where it is already legal tender, and making an immediate impact in improving their local economy and  quality of life.

It's only a matter of time before more dominos fall. The world is sick and tired of being tethered to the U.S. Dollar global reserve currency, as this puts all of them in the crossfire of USA's infamously degenerate policies.

In order to detach themselves from the U.S. dollar:

Some of these countries are trying to take the GRC helm with their own shitty fiat currency, or building coalitions to create new ones (dumb; all fiat goes to zero)

Some are trying to revert back to gold (slightly smarter but still dumb in the digital age)

Adopt Bitcoin before the mad rush begins (🛎🛎🛎🎯)

I explain in further detail why Bitcoin will inevitably surpass all government fiat currencies AND gold in this blog post 👇

https://www.benwehrman.com/why-bitcoin-is-gold-2-0/

Extra credit:

One of the best articles ever written on why separation of money and state is THE most important goal we can all strive for to create a better future for our children and grandchildren, by nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt 👇

https://medium.com/the-bitcoin-times/the-separation-of-money-and-state-eecedcfe8d69


new meme just dropped 👀


THE SQUIRREL IS ALWAYS HERE, LURKING IN THE SHADOWS


gm 💜


it perfectly fits the Number Go Up model, I’ll tell you that much …


it’s just me shilling Broken Money so you may as well go back to reading 😂


yup, replied!


no because the differential in funding rates won’t turn that to a profit because you can’t know when it’s going to happen. the whole construction relies on everybody (rightly) assuming it always goes up on a long enough time horizon. you can’t just profit no matter what! 🤣


BOOM! 🧡🔥🚀

https://www.axiombtc.capital/orange


it’s future of literally everything


I’m excited to announce the launch of $prism.

Nostr is many things, but most importantly, I believe that Nostr is Bitcoin’s first layer three technology. Bitcoin solves money, Lightning solves payments and Nostr solves identity and coordination. Similar to the Bitcoin and Lightning protocols, the Nostr protocol is permissionless and decentralized.

Nostr solves identity using a simple public key that works across any client. Nostr solves coordination by directly connecting Lightning wallets without intermediaries via Nostr wallet connect (“NWC”) and Lightning address (or ideally a future Nostr native equivalent).

There will be many incredible bitcoin experiences built with Nostr. We are making prisms.

Lightning prisms without Nostr are hard to coordinate and execute. It requires figuring out each address, a way to coordinate payout amounts, and someone taking custody of the bitcoin for a period of time to manage payouts. So we’ve seen almost no one making prisms.

Now with Nostr, they are incredibly easy. Want to create a prism on Nostr right now? Type $boost into the text of your next post on any client and we’ll make a prism with the first 10 people that repost it. We’ll post the prism on nostr:npub12u7xgzak939jlap3fnev05eky6d4ntwr4lrs03kgnnfd9njmtvrsr9jjmt and you can zap it with any client that supports zap splits like Snort.social or Amethyst. Want to limit your prism to a smaller group of people? Create a listr on listr.lol like #friends and type $boost #friends. We’ll only create a prism with users that boost your post and are on your #friends list.

With NWC, payments all complete wallet to wallet, no intermediary necessary and we never touch your bitcoin. The possibilities are now endless for building new consumer experiences on top of Lightning and Bitcoin.

We started $prism to push forward the bitcoin experience on Nostr. We’ll be launching more prism products over the coming days. Follow nostr:npub1arcweuxy0zkdcg08sljh058qp02ytrgnpzh4csa3ar42szyfgrpsw6ggtw or go to https://makeprisms.com to learn more.

A special thanks to nostr:npub1ce7d8cdg8k49dnl3da34mvhah8kevxfsq2vdguq6trngapqfsdzsnv3d7m who has been an early thought partner and the first contributor to $prism and nostr:npub1s9etjgzjglwlaxdhsveq0qksxyh6xpdpn8ajh69ruetrug957r3qpklxzl who is our newest contributor.


exclusively refer to him as “Elon’s bitch”


It’s not tired of talking about you ...


two priorities for … what people need to shut the fuck up about and focus on real problems?


Small story: a journalist, friend, asked me if I could explain what the heck is this NOSTR that the Twitter CEO was talking (sic)..happily, I started to show him how it works, what can you (and can't) do with this and his face was 🤯

- OK, and how do I create my account?
(proceeds to explain and show how to keep their PK safe)
- wait a minute, what happen if I lose my pk or something similar? How do I recover them?
(proceeds to explain how to keep his PK safe part 2 and also some additional info of how I manage my keys)
- Nah, it's too hard and I have a reputation to protect.

Instead of arguing, I just say "ok" but my doubt remains: NOSTR is censorship resistant, protect his reputation means that if he/she make a mistake and their PK got lost, how do they get back? Will they have to all start over again?

That happened weeks ago but, I keep thinking and while I agree with this note, also want to give voice to this specific concern.

nostr:note1yu9d0rnc5tlnym0d0kuy0m7392xjc5s32mv5zxhgwwmwwweu5jushpk4jl


lol no I didn’t, somebody else did 🤣


no I don’t like this, try another one.


I think Gandalf said that.


only time is scarce. everything else is abundant as a function of how we choose to use our time.


a reasonable take.


speaking of which, you’re a good person to ask, Tony - wtf is BitKit? as far as I can tell it’s a terrible lightning wallet. am I missing something?


haha don’t worry I’m not contemplating a “takedown”. you’re right, he’s not worth the effort.


yeah except that’s not what it means. typical leftist information war, redefining words one by one until you can no longer form coherent objections.


I think he may have started that way but it’s all gone to his head and now it’s just painful to watch.


feel free to DM me the details of your anecdote and I’ll add it to my stack.


I appreciate that, and I thought I’d won and it was over too, but literally every few days my DMs on both twitter and telegram get flooded with people alerting me to his latest bout of bullshit. the guy’s got a hard on for me it seems, and I’d really prefer if it could go flaccid.


TLDR:

I made fun of him, he got angry, I made fun of him more and so did other people because it was funny, he blocked me, and ever since he’s been trying to intellectualize his pathetic ragequit as a noble endeavour in weeding out bad actors, all while subtweeting from behind the block.

https://twitter.com/allenf32/status/1700464566063214910


“building”

iykyk it’s not a company, it’s a vaporware R&D project patronised by bitfinex.


has John “the midwit’s midwit” Carvalho ever actually done anything admirable? the more he attacks me from behind the block and the more I troll him in response and win over his own followers, the dumber and dumber he seems and I’m trying to remember if he’s literally ever said anything worthwhile or built anything anybody uses.

I also feel an amusing sense of calm asking this here because he virtue hates nostr and is building his own version that nobody can explain, including himself, or use, including himself.

fwiw, I mulled over just letting this go an taking the high road but then I’ve been entertained and alarmed in equal measure by my DMs filling up with stories of him being a cunt irl. so now it feels more like bullying a bully and I’m occasionally pretty into it …


I have said multiple times that the best definition of populism is “democracy elites don’t like,” but I highly doubt it’s original. I definitely imbibed it from somewhere else, just can’t remember where.


I want to retire and start a coffee shop called Covfefe


that looks gooooooood


aw man, I just thought about Rome again.


The time to synch a Bitcoin node is going to drop to seconds, and the memory required for the entire UTXO set is going be compressed to kilobytes – and you will be very happy.

The significance of these projects cannot be overstated. Protect the devs working on this black magic.

ZeroSync and Utreexo 🔥


The Insider is a nearly perfect film, and yeah, sadly never quite recaptured. Ferrari out soon though!


Michael Mann is so underrated. he’s the director you say you like if you want to sound smart and cultured, even though it should just be obvious.


can confirm, that was weird.


No. I'm not any seller or marketer. I'm just a random guy spitting out loose ideas by now 😂 but the point of catallactic competition is bringing more abundant, better quality, more diverse, cheaper and more powerful. Catallactic competition is the base of division of labor and it's only possible if there is hard money for those that can Hodl(low temporal preference).
I've never read principles of economics of Saifedean Ammous but I suspect that he explains all of this in his book.
A good article to read about the quality of goods is Allen Farrington's https://www.axiombtc.capital/capital


a shadowy super coder, no doubt


nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt was right about everything.

If you’d like to read his thorough analysis so you, too, can understand Barbie’s brilliance, here it is:

https://allenfarrington.medium.com/pink-fragility-747119d1660a


nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt   perfectly describes the “Blockchain, not Bitcoin" crowd:

"… a kind of anti-secret handshake, whereby the technically incompetent and intellectually unsophisticated yet desperate to be thought of as competent and sophisticated make themselves known”


maybe I’m both. maybe I’m neither. maybe we’ll never know mwahahahaha


Earning #SATS while listening to an awesome rant by read by #[1]  and written by one of my fav writers #[2]

Life ain’t bad

#bitcoin fixes this https://nostr.build/i/d44c335b176b537d2bb2642638385555e7f5118f17afff3366721643b82bbf6b.jpg


And the “Shitpost of the Day” award goes to … #[0] 🎉 nostr:note1t9nyrlcv03qm7z4n0wyel0ctr88eurppdsrkv8vfhqaps39ay5nqfaqcr6


OH YEAH?!? WANNA BET?!?


Dack Jorsey reporting for duty!


wladimir seems to have made his github account private due to pressure from faketoshi

bitcoin devs are being pressured and silenced

https://i.imgur.com/0jq9Xiw.jpeg


god damn it, Matt, I have things to do today. why you gotta dangle AN ENTIRE HOUR of content in front of me?


temporarily ran out of things to do in the real world. it won’t last.


those people are silly geese.


good to be here, good sir. everybody on the bird app is very angry these days.