Stand up comedians are professional philosophers. Philosophers who know how to turn a profit.


RIP


You left out Advertising


Few


Just was browsing Universe. Seems to be flooded with quote bots.


Came here to post this


It’s the FDA’s fault. It should not be a function of the federal government to decide what people can and can’t put into their bodies.


So true


Santa didn’t eat all his cookies for some reason. https://image.nostr.build/0f4818696f0f748a88138042c9fc8e3438142578f35863ad1f2b7c70a2874c73.jpg


#bitcoin #meme https://image.nostr.build/f1cf0ee3972d098368ebf38c9cd80d90286c00d1b65fccf7995e71618fc1c37f.jpg


You’re right that OP_CTV provides a possible new avenue for restricting spending freedom. The counterpoint commonly voiced is that it would already be possible today for exchanges to place restrictions that have the same effect—specifically, an exchange could demand that recipient addresses are N-of-M multisig addresses where the customer does not have quorum.

My own argument would be that exchanges employing such restrictions would lose business to exchanges that did not. For example, Robinhood sells “Bitcoin” but, to my knowledge, it does not allow customers to withdraw at all. So it gets none of the business of customers who wish to withdraw to self custody.

Having said all of that, I am not an avid OP_CTV proponent. I did support SegWit and Taproot, because I understood how they benefitted me personally. I am staunchly against BIP300 (Drivechains) because they don’t benefit me and the risks are understated by proponents.

On OP_CTV, I perceive neither great benefits nor risks to myself, and so, at least for now, I’m leaning towards “against” on the grounds of if-it-ain’t-broke-don’t-fix-it. I’m open to further arguments however.


#meme https://image.nostr.build/211507cecb0e1f253dac1a99cb1ff947a650d747e643c2189ebd01021551cabb.jpg


OP is short for Operation. An OP is a unit of functionality in the Bitcoin script language. There are OPs for things like “does this signature match”.

CTV stands for Check Template Verify. Broadly, when an OP code has Verify in its name, it will cause the entire script to fail if the condition is not met.

Check Template means that the condition checks whether the output of the proposed spending transaction matches pre-specified valid outputs (that is, a pre-specified Template). This would allow transactions to stipulate how an output can be spent.

Currently there is no way to put restrictions (covenants) on where spent outputs can go. Enabling OP_CTV on Bitcoin would require a soft-fork (like SegWit and Taproot did). https://bitcoinops.org/en/topics/op_checktemplateverify/


Reminder: there are no asteroids filled with #Bitcoin


What book is this?


DO IT


Smells like victory


Oh no


S U P E R C Y C L E nostr:note16ntmxw79q5p8p6vezcc7ppmc4hdejawmz68lvsn7gzupawfapyuqnf2qk9


Let’s hope! 🤞


Thank you! 🙏


Does the mute feature mute reposts yet? That was the problem I was having: muting an npub, then seeing that content anyway because someone I follow reposted it.


Not worth the risk


The new political compass https://image.nostr.build/aa14f7762261a72520e835673a0ddf2e23db64213d7e8511ded704fb01e70291.jpg


C


Does that mean slower adoption, more rapid adoption, or no effect on adoption rate?


Will approval of a #Bitcoin ETF hasten adoption because more people will get price exposure? Or slow adoption because people will be less likely to hold their own keys? #Asknostr


Yap yap yap


2-rep PR today on Bench. First time exceeding bodyweight for any number of reps 💪


https://image.nostr.build/51104a78a7b796c30f48042ccd8225aa8d797a5c3876f8078192f5780740db6d.jpg

#meme #memestr #nostrmemes #memes 823,046 🤙💜


#coffee
#bitcoin
#hodl
#stacksats https://i.nostr.build/XJ9R.png


What’s your power source? Cold Power?


People will forgive you for being wrong. But they’ll never forgive you for being right.


I’m not your buddy, guy.


Just watched this today.


Side-by-side New Yorker covers by Bob Staake
Left: July 2, 2007
Right: August 7 & 14, 2017

Picked up these two signed prints at the Cape Cod Museum of Art and had them framed together. Love the juxtaposition from the pre-global-financial-crisis optimism of 2007, to the post-Trump-pessimism of 2017. 10 years and one month apart.

On the left: uplifting, green, liberating, bright. Lady Liberty with a CFL bulb. On the right: descending, red, captivating, dark. The devil’s subway ride to hell.

One more gem: the issue price change. In 2007, it was $4.50. In 2017, $8.99. Doubling over 10 years, this represents ~7.2% price inflation—roughly tracking the long-term exponential growth in M2 prior to 2020. #artstr https://image.nostr.build/9302f76a593d1456b646382d8ff6fa77fc24f232c98119df3b4fec8dd4d9a363.jpg


That’s an interesting idea. I’ll think about it.


Wait, you can have more than one npub?


#Bitcoin isn’t just “money”. It’s JUST money.


Merry Christmas ya filthy animals 🎄🎁🐶 #dogstr https://image.nostr.build/40ae75840af35a1d1aae036dad0f81e3855964db58f34e91a4c203e8e6fe83d8.jpg


I keep expecting people arrive at the conclusion. And people seem to keep taking their time. Perpetual frustration.


Pennies in front of the steamroller


Yeah. My mistake was thinking that that would all play out in the 2021 cycle.

My biggest error was predicting that there would be no more shitcoinery after the 2017-2018 ICO season. I did not predict the DeFi and NFT grift revival.

I thought we were gonna blast past $100k in 2021, the only question was how high. I thought there was a good chance we’d hit $300k, which is half way to $1M on log scale. At $300k people start to wonder if it’ll go to $1M, which becomes a psychological attractor. Then the $0.01/sat switch as discussed.

But 2021 didn’t play out that way. A lot of attention got absorbed by DeFi/NFT garbage. Then China banned Bitcoin (again, and ahead of schedule this time).

So while I still anticipate an eventual $1M-to-$0.01 price flippening, I’m not at all confident that it’ll happen soon. There may be another season of degeneracy.


It just takes one exchange, or brokerage to decide to switch, and then the mainstream media will jump on board like the herd of cattle that they are.


At $1M, we’ll do a one time 1:100,000,000 split and price in sats, keeping the BTC ticker. $0.01/sat

That’s when the real FOMO moon pump begins.


The debt will never be repaid.


You gotta go with the flow until something holds you back


Gets you into hot water


What is this, a pfp for ants?


CSS


I’m of the increasing opinion that autism is an immune response to decades of over-socialization and free-floating stress.


Every time


The struggle is real


How about long-tap menu download-to-files 🙏


I’ve tried Hertz, Enterprise/National, Avis and Budget.

Hertz is the best. Gold status is worth it.


The building is enormous and far away. Because of the distance, it fills only a small portion of your visual field. It looks big initially because, while small overall, it fills the frame created by the trees lining the road.

As you clear the tree line, the frame expands to the whole sky, of which the building is only a small part. The building looks smaller because now it’s compared to vast emptiness.

During the drive, the building actually does increase in perceptual size, but because it’s so far away, this increase is not noticeable compared to the tree framing effect. This is the same effect that makes the moon look big near the horizon and small in mid-sky.


Haha, no. But I did write a Bitcoin book a few years ago. https://www.amazon.com/Orange-Coin-Good-Value-Bitcoin/dp/B08M8GWMZL


#Nostr #meme https://image.nostr.build/02f1c9d221862935a951c642e8ea7f4e1876bb1f13be738a7743ff4be67b5dbc.jpg


The future is here. It’s just not evenly distributed.


“As you can see we still have a strong band of BRC-20 shitcoins pushing up #Bitcoin fees. Hoping to see that clear out this weekend, but expect a 50% chance of scattered ordinals throughout the holiday. Back to you, Tom.” https://video.nostr.build/684536d50ee92c2cd15370ac89e2cf6d8eece226d1fd6478ac63d93227012feb.mp4


This girl is on fire


"When my husband died, because he was so famous for not being a believer, many people would come up to me - it still happens to me sometimes - and ask me if Carl had changed at the end and converted to a belief in an afterlife. I am also frequently asked if I believe I will see him again.

Carl faced his death with indefatigable courage and never sought refuge in illusions. The tragedy was that we both knew we would never see each other again. I never expected to be reunited with Carl. But, the great thing is that when we were together, for almost twenty years, we lived with a vivid appreciation of how short and how precious life is.

We never trivialized the meaning of death by pretending it was anything other than a final goodbye. Every moment we were alive and together was miraculous, but not in the sense of being inexplicable or supernatural.

We knew that we had been beneficiaries of chance. That pure chance had been so generous and so kind. That we were able to meet, as Carl wrote so beautifully in Cosmos, you know, in the vastness of space and the immensity of time. That we were able to be together for twenty years. That's something that sustains me and that's much more meaningful.

The way he treated me and the way I treated him, the way we took care of each other and took care of our family, as long as he lived. That is far more important than the idea that I will ever see him again.

I don't think I'll ever see Carl again. But I saw him. We saw each other. We found each other in the cosmos, and that was wonderful."

- Ann Druyan

https://m.primal.net/HUvn.jpg


This transition may take a while. It’s the biggest change in the nature of property since the advent of agriculture.

Our pre-agricultural ancestors (hunter-gatherers) were egalitarian. One’s possessions were those that one could carry. If someone was too overbearing, the other tribe members could kill them. If another tribe was overbearing, everyone could pack up and leave.

But once our ancestors started farming, things changed. If someone threatens you, you can leave, but you can’t take the farm with you. If you kill the farmer, you get the farm. In the face of this dynamic, people created ever larger defensive coalitions, culminating in the modern nation-state. Each State is more-or-less bound by natural geographical features like mountains, rivers and oceans. (Prisoners of geography).

The State, wielding a violence-monopoly over a geographic area, is the arbiter of who can own what. Ownership is contingent on what the State will allow. Once bank credit replaced physical monetary media during the gold standard era, the State’s power over its subjects’ money was total. The State no longer needed to resort to boots-on-the-ground violence to take your money. It can backdoor you by freezing your funds.

To protect themselves from confiscation risk (not to mention debasement), people diversify, storing wealth in assets in different jurisdictions. Under the current circumstances, this was the best one could do… before #Bitcoin came along.

In Bitcoin, for the first time, we have true intellectual property. Ownership is knowledge. You either know the keys or you don’t. There’s no bank to backdoor you. There’s no official to appease. You can leave and take all your money with you, in your head.

This is the most profound change to individual ownership capability in 10,000 years—long enough for not only cultural change, but natural selection. It may take generations for the full ramifications to play out.


Seen on a typewriter in my house https://image.nostr.build/ef604a67d419dda4a5e9b0180eaddaa1a28bcc7556f7754b75d423af297f7114.jpg


Belief in authority is the most dangerous superstition.


The State is that entity which funds its operations through violence. It is the credible threat of violence for non-payment of taxes that imbues the State’s otherwise worthless currency with value.

Through its monopoly on violence, the State enforces its currency’s monetary policy by controlling (regulating) commercial, retail banks. Banks are chartered and subordinate to the Central Bank, which is an arm of the State enterprise.

Whether the bankers or the politicians are in charge at any moment is a technical detail subject to change. The problem is the violence monopoly, which historically precludes monetary competition.

#Bitcoin fixes this through unalterable monetary policy and unconfiscstability. In Bitcoin, ownership is knowledge. If you kill the gold bug you get their gold. You can still kill a Bitcoiner, but you can’t take their Bitcoin.


The logic is impenetrable. Ask a Statist where money comes from. Chances are, they won’t know.

If it’s counterfeiting for anyone but government agents to create dollars, then they can’t possibly need tax dollars to fund programs (revenue)—they can always print.

Taxation must have some other purpose. That purpose is to imbue the otherwise worthless currency with value as get-out-of-tax-jail coupons.

Fiat currency, because of taxation, is a tool of oppression whereby the State extracts labor from its captive subjects.


Where do you get these Pixar spoofs?


There is no scenario where a large scale internet outage persists. Everyone benefits from the Internet. Everyone’s interests would be aligned in restoring it.

Plus, in such a scenario, legions of young men would suddenly appear, ready to help. What else are they going to do? Sit in their mom’s basement NOT playing Call of Duty and watching porn?


Few understand: There is no such thing as “tax revenue” at the federal level.

Every dollar that exists came from the State or its agents (banks). The State doesn’t need your money. The State creates currency in whatever supply it wants.

What the State needs is your labor, which it compels through taxation. When you pay taxes, you’re paying with coupons the State made for that purpose. Every dollar is a get-out-of-tax-jail card.

You are a slave. Fiat currency is blood money.


I’ve heard these designs referred to as S.O.B.’s… Seal On a Bedsheet.


Soon


This one? https://ccxmedia.org/wp-content/uploads/2023/12/MN_State_Flag_FINAL_A2_mockup.jpg


Faceplant?


The old man the boat.


Fantastic movie. Due for a rewatch


It’s criminal how few people understand log scale. If there’s one thing public education has failed to teach, it’s that.


And “I told you so”’s


#nostr #meme https://image.nostr.build/b5c571be2e3c079d641db24995666836c0cbe1fbf9beb097a28a8e5e9ab3897d.jpg


As a rule of thumb, you want to plan your security around 10x your current stack value. That way, when #Bitcoin 10x’s, you’re ready.


Hard same


Multivendor multisig


S U P E R C Y C L E


The Rugging the ETFs will do will put to shame FTX, Robinhood and even the champion Mt. Gox.

Don’t let your family be suckers for #Bitcoin IOUs.


Same


Ouch, my heart 😍


Agreed that the time-to-confirm is unbounded. Nevertheless, I believe it’s within the realm of possibility for there to be such a feature. I’m fairly certain such a feature does not yet exist (and I’m aware of no proposals).


To my knowledge, covenants would enable confirmed transactions to include “can’t spend” conditions on outputs (such as block height), but thats not quite what I’m after.

I want to sign a transaction sends to regular addresses, but includes a stipulation that the whole TX is only valid if included before some height.


Using nLockTime, you can mark a #Bitcoin transaction as invalid before some block height.

Is there yet a feature that does the reverse? That is, mark a transaction as invalid to include in any block AFTER a particular block height? #asknostr


True story. https://image.nostr.build/831f9c5d4584596269b82df4fbf297e716de5ed3564a33a72f9d275a6da8bc25.jpg


Voting should be abolished, along with the rest of the State.


It’s more common than you think


It’s not a #Bitcoin bull market until China bans Bitcoin (again).


Next Olympic sport


The greatest trick the devil ever pulled was convincing you that your vote matters.


“Liberal democracy” is a magic phrase statists use to trick you into submitting to your enslavement.


LiBeRaL dEmOcRaCy


Hodlers determine the value.  Traders are temporary entropy.

#bitcoin


Possession is 9/10 of the law. But it’s 10/10 of the #Bitcoin


#Bitcoin #meme https://image.nostr.build/3832901e010da5c39588dce5e29c4c450ac066e613f38d1b2e313a40d9218822.jpg


They can print paper money, but they can't print more #Bitcoin . Make the smart choice for your financial future. 💡  http://res.cloudinary.com/dfdwyn5dh/image/upload/v1698203094/etekxmg3iytkx1obqe1o.jpg


Cracked the code


How many times did Gladstein shill liberal democracy? My baseline estimate is once per 15 minutes of podcast.


This sounds like a JavaScript question. What does JSX have to do with it?


What is this, a pump for ants?


No one has enough #Bitcoin 🤝


#Bitcoin #meme https://image.nostr.build/b365abe33c177bc8d14f6eb7d93f9d663e7b60a375981b7caab5246f56be918d.jpg


Log scale is a super power. Teach it to your allies. 📈


Autism is not mental illness. It’s humanity’s immune response to decades of socialism.


#asknostr nostr:note1ge6k5ck3yz5jeya9faz46m736wjw0dxnjncvfks2af25szh4ww6qhq2q4y


1 BTC = 100,000,000 BTC nostr:note184l9wf8zt3v0kdrq7eltfffrja976yne4g7yfhfa8dv6emtv0zjq6fjen0


Hard same


You can thank Europe for that.


Things are different here. Better. https://image.nostr.build/7bba345d0cb617a4bb2c67fe5a9fb80eee18b24b12b57c7bbc48c95eb74c99d3.jpg


#meme https://image.nostr.build/87a98a319c08a4a34265a622e424f7a7228d2421b8a140f638b7fac04fe93e02.jpg


Good


And then they fight you?


The rabbit hole is deep, but it’s the only way into the citadel.


At any given time, one knows how many vbytes of higher-paying transactions is already in the pool. One cannot know how many bytes will arrive in the future. The best one could do is estimate (model) based on historical data.

If it was me, I’d come up with threshold estimates. For example, statements like “to have a 50% chance of getting in within 10 blocks, you’d have to pay 101 sats/vbyte”.

Starting from this, you could make a table of estimates where one axis is the likelihood of getting in (50%, 75%, 90%, 95%, 99%) and the other axis is the number of blocks (1, 2, 5, 10, 20, 50). I each cell of the table, put the sats vbyte, then color code for visibility.

It would look something like this BMI chart, with curves of color. https://i0.wp.com/pinoyathletics.info/wp-content/uploads/2016/10/bmi-chart.png.jpeg


The maximum time is infinity: your transaction may never clear.

The minimum time is defined by how many vbytes of higher-fee transactions are ahead of you in the mempool.


Class of 2013/2014 would be my guess


When they finally do get the #Bitcoin ETF, will they price it in sats? Or still in those legacy 100,000,000 sat bundles?


Upgraded to iOS 17.2 (21C62). Have not been able to reproduce the issue since.


> Do you by chance have certain iOS accessibility settings that might affect iOS app behavior?

Not that I know of? Although I am using that hack that allows note zaps. Can’t remember what it was.


iOS 16.6.1 (20G81)

Damus TestFlight v1.6 (28)

Steps:

1. Settings -> Appearance and Filters -> PROFILES -> Show profile action sheets (enable)
2. Go to Universe (search icon in bottom nav bar)
3. Scroll down past the hash tags.
4. Tap a post’s profile icon.
5. If the Action Sheet appears, tap the space above it to dismiss.
6. Keep scrolling and tapping icons until you find one that fails. A failing Action Sheet shows only a bit of profile quote text if any.

For me, it seems like Action Sheets tend to work for profiles I’m following and tend to fail for profiles I don’t follow. But it’s hard to discern a pattern. Once an Action Sheet shows up for a given profile, it continues to show.


The problem is with the “Action Sheets” feature, not the profile page. Profile page works fine.

I’m on TestFlight v 1.6 (28)


Here’s the npub of the failing account, in case it helps with debugging: nostr:npub1euhhsgdgnpgfum8j5tv6xttlu5hw7qthxpljqa6htjt2j2fha8dsdnlgtl


Here’s an example from just now, browsing global. The second screenshot shows a tiny gray bar at the bottom that says “Just trying to be the best me.” Tapping anywhere dismisses it. Tapping the profile again brings it back. Sometimes I can get the thing to actually show if I tap-tap-tap to show/hide multiple times. But it’s inconsistent. https://image.nostr.build/f7fcccf6be7b10f4f8fc6f081746c08893bc550d3ca7af3c84b386bc19112219.jpg https://image.nostr.build/59363c44d979148ea8ab97517ce21c4faf62093cb99a80bd27ddf4bdd5aeb6d8.jpg


Team full-RBF 💪


It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.


Sounds good in theory. Unfortunately, the feature rarely shows any useful content. Instead, it shows 10px of gray nothing. 🤷♀


Thank you, works perfectly!


It should be flipped around. Tap to show me something useful (the profile). Long-tap to show me something useless (10px of gray space with nothing).


Yes! My primary reason for going to profiles is to follow. An icon on the profile pic that means “already following” would allow me to skip the whole process.


I hope they never approve an ETF


If "institutional adoption" of #bitcoin excites you, you don't understand #bitcoin what #bitcoin is


Dear nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 ,

When I tap a user’s profile pic, please take me to that profile. The pop-up screen usually fails, rising only ~10px, teasing me, rather than showing any useful info. Thanks in advance.


Stats on what?


Correct! Value is subjective. The subject (customer) wants the value (outcome) not the process of securing it (solution).


What is LORAWAN?


Thanks for the explanation!


I’ll be home for Christmas, if only in my memes.


It’s not too late to buy #Bitcoin… yet.


I’ve never had a bad experience buying from Kaboomracks.


For now


What’s wrong with Ubuntu? It’s great!


Give a Bitcoiner an on-chain transaction and he eats for a day. Teach a Bitcoiner the way of a really big lightning channel and he eats for a lifetime.


I hear good things about Whatsminers, but haven’t tried them.

I guess if it was me, I’d get that Braiins control board for S19’s, then down-clock it to be more efficient and quieter.


EVERYONE GETS THE PRICE THEY DESERVE GFY


Not quite. Fiat currency is backed by violence—the credible threat of violence for non-payment of taxes.

It’s not a story. It’s a whip.


The eternal paradox: #Bitcoin fees are too high to use main-chain, but also too high to open Lightning channels.


From the perspective of a regular, non-ordinal user, ordinal transactions are merely inefficient in terms of block space. That is, they transfer sats (as all transactions do), but use more block space than necessary to do it.

But while those transactions are inefficient in space terms, they must be efficient in fee terms. That is, they must outbid other transactions for miners to pick them up.

It MUST be the case that outbidding competitors is sufficient to get your valid transaction included. It is by this mechanism that censored parties can disincentivize would-be censors.

We are all counting on ordinals succeeding. If the network manages to censor ordinal transactions (while still admitting that those transactions are valid) then the network could just as well censor other valid transactions for other reasons—e.g. Big Brother forbids non-KYC coin, etc.


Communication is firstly about persuasion. Only secondarily (if at all) is communication about making true claims.

There’s no contradiction in the Fed’s statements because they’re not truth claims. They’re pure propaganda—trying to steer the economy with words.


“Liberty is not a pill that makes men angels. What it does do is limit the extent to which evil can be expressed in the world.” - Ross Ulbricht


This kind of music isn’t for everyone, but I just found this song and it’s my jam. https://youtu.be/kZiiH2cHS60


What is QFS?


GM status: 100% ☀🐶☕ #dogstr https://video.nostr.build/b1796d8f8197565df8e0345104e4ef115561cb33b0d3787b13989c00249997a9.mp4


Fool me once, shame on you… a fool can’t get fooled again.


GM status: 25% ☀☕🐶 #dogstr https://image.nostr.build/171dfaf2bbe80498fa5a114efff74ce444a37543dfcf4c6d49d86f70901ad80b.jpg


GM status: 25% ☀🐶☕ #dogstr


There are two business models: value-for-value (direct payment) and attention broker (ad supported).

Books are pure value-for-value. Radio is pure attention broker. Newspapers are halfway between.

In streaming media, Netflix is value-for-value. Network television is attention broker. Hulu is halfway between.

Both models will continue to exist. But the ascent of #Bitcoin makes value-for-value competitive in places where it previously was not.


*of the 3rd millennium


You are not your fucking khakis.


What a real #Bitcoin  strategy be like: https://image.nostr.build/2b615ed45378118998eeb1e82bd423a1aed938ad238f5f135300ac2b6e858666.jpg


Shower thought: Security is differential hardness. Making a task hard for everyone except for a select few.


#Bitcoin fees aren’t too high until mempool.space goes down under load.


https://image.nostr.build/269c319f73944bc0ec7ace26f5c9727e1dba7730178869a8e4869e70066b2fde.jpg  nostr:note16k6ssysm75jl0pr40fm0h3zqvp6rm8y44v56vgt6gz63qgzlck0swhdewu


So much electricity that could be mining #Bitcoin


“You might want to get an ASIC, just in case it catches on.” —Satoshi probably


“It’s better to destroy people’s beliefs than to give them beliefs. I know it hurts. But it is the way. That is what cracks the eggshell and lets out the chicken.” —Alan Watts


I’ve used GPT4All in is regular chat mode. I think it has an API as well, but I haven’t used it.


Multi-vendor multisig. Any vendor may have a vulnerability. It’s unlikely that two vendors will be exploited at the same time, by the same people.

Get two hardware wallets from different vendors. Use them in a 2-of-2. If you can’t afford two dedicated devices, make a 2-of-2 where one signer is hardware and the other is software with a passphrase. This is still way better than single-vendor single-sig.

If you can swing three devices from three vendors, upgrade to 2-of-3.


The answer, shockingly, was leave it on Coinbase. nostr:note1jg3kut8v895vr3cqay6em5g7dzckpnu8s95l6mws5w462dsmxqls7lw53z


This is it people. The final stretch. The last leg. Daddy Powell’s got Joe Six-pack in a headlock, and Joe’s turning green. 🤢

Six months. Then the money printer comes back on, thundering like never before. HODL strong anon. HODL strong. 💪


This is what we’re up against. They have 25M BTC worth of assets under management, apparently. Bigger than Bitcoin.


What happened?


I have the best coworkers


There are only two options: either ordinals are valid transactions or they’re not.

If not, then your node should reject them, reject any blocks that contain them, and fork off.

If they’re valid, then it’s pay-to-play. Any attempt to filter them MUST fail. We are all counting on #Bitcoin’s censorship resistance.

If miners can censor ordinals, then the State can censor you.


2017 HODLer seen in the wild nostr:note150kj2q9cqcddfsyeacz676jxtc35we8crcthxea72m9u4xczrhes0qr55m


It’s not much, but it’s honest work https://video.nostr.build/b19a068e6de5d5893f052e8ba1ddea853e7ce412310660f76d063e08e3fa995a.mp4


Here she is with our other two, males https://video.nostr.build/e0caf98c36a833dfb0ee0b23dd6e9363ced90acb91e8b719e561a05e1bb584a0.mp4


Yee, she’s my puppy https://video.nostr.build/9badf78a5585e86702da2c4e75c9ae513306df9a19c167978c61258576ccd500.mp4


Reminder: multivendor multisig defends against hardware vulnerabilities.


GM ☀☕🐶 #dogstr https://image.nostr.build/314867049a5540c5392cd30314b7b3be35d49138dd935c5a500f07d78128c7cd.jpg


How it feels to be a #Bitcoin miner during these fees https://i.kym-cdn.com/photos/images/newsfeed/000/930/949/fb4.gif


Elmo fire. Gif


Unpopular opinion: I’m glad zapathons are over. It was hard to find signal during those waves of noise.


All of the focus on anti-money laundering, anti-terrorism etc. is evidence that real, actual police work is too expensive to pursue. It’s way cheaper to lean on intermediaries to do your police work for you.

Intermediaries are security holes. #Bitcoin


Bottom of the ocean


Well that escalated quickly


Sevenzies


Great explanation of these kinds of mathematical errors. Shows how hard it is to glean insights, even with perfect data.


RBF my dude


Don’t be hatin’ while I’m accumulatin’ #Bitcoin


Sneaky https://youtu.be/YH1ytkBM69Q


Oof


“It’s a clown eat clown world.” —Gigi


Teaching this kind of working-vacation-seminar would be my dream job.


Price maximums create shortages.
Price minimums create surpluses.

(A minimum wage is a price floor on labor, creating a labor surplus. We call it “unemployment”.) nostr:note1gg3nykrps0psrtdqmykvvwvxpah7l9z8ml87khqzwmw95nl3knxq6zqm56


Every company’s money is already #Bitcoin, no matter how much they have.


This is actually a really interesting idea. A learning vacation. A mix of workshops, with beach, pool and buffets in between. 🏖


Daughter: *sees me using Damus* what’s that?

Me: It’s a Nostr client. It connects to Nostr relays to propagate data.

Daughter: What are “zaps”?

Me: Small lightning payments.

Daughter: Oh, so this is Twitter for #Bitcoin nerds.


When the government touts job creation, they are celebrating your misery.


The arc of history bends towards freedom. But this progress is not without hiccups.


What a dumpster fire


Reminder: Jobs are not “goods” economically speaking. Jobs are bads. A job is the drudgery you endure for the value you receive when it’s done.

The engine of progress destroys jobs, and we are better for it.


YOU ARE THE CARBON THEY WANT TO REDUCE nostr:note1dzhtxqee6gqustgdkf4q54j8lvvtke59rll427a7p39sjzv9rcvqsx2e9n


Bill Clinton: It depends on what your definition of “is” is.

CSS: https://developer.mozilla.org/en-US/docs/Web/CSS/:is


Me: Is it not true that much of people’s efforts go to securing the stuff of life. Finding shelter, food, security and so forth. If these base concerns are no longer pressing, what is left to imbue one’s time with meaning?

Seneca AI: Indeed, it is a common sight to see the masses toiling for daily bread, shelter, and a semblance of security. Yet, it is a grave mistake to believe that the purpose of life is exhausted once these are secured. The essence of life, the very marrow of existence, is found in the cultivation of the self, the pursuit of virtue, and the exercise of reason. When the base concerns are no longer pressing, it is the perfect moment for the soul to look upwards and strive for higher things.

One must then turn to the cultivation of the mind, the enrichment of the soul, and the contribution to the common good. The wise person will find meaning in the pursuit of knowledge, the creation of beauty, and the practice of generosity. In a state of abundance, one has the liberty to extend one's concerns beyond the self, to engage in acts of philanthropy, to contribute to the welfare of society, and to leave an indelible mark upon the world through acts of virtue.


Me: In a world of abundance, where humanity’s needs are met, what will it mean to live a good life?

Seneca AI: In a world of abundance, the good life would still be defined not by the surplus of goods but by the quality of one's character and the pursuit of wisdom. Though the earth may yield more than enough for our use, it is the contentment with what is necessary, rather than the indulgence in excess, that marks a life well lived. The measure of a good life, therefore, is not to be found in the abundance of possessions but in the moderation and virtue with which one approaches life's bounty.


Fuck this dystopia


I’m not sure. It’s been about a year since I’ve synced a Fulcrum node. What I remember is that I failed to sync 2 or 3 times using the fast option, then succeeded without it on the first try. 🤷♀


Are you using the fast sync option? I had crashing issues when I tried that.


I am extremely peaceful nostr:note1vdk6vuuegertx44xv73q59n8x6w9z8hfvpwmg9pwsvdnx65t9dgqyqtvxr


Was this AI generated?


Let the Stockholm’s syndrome take hold…


Christmas tree fell down. One casualty. The Rat King lost a hand. Thankfully nothing bad happened to my Bit Piggies skateboard. https://image.nostr.build/709d9eb455900185aea8e6181bb409255df2ec44ab7afb0f85de3af17f1f79e7.jpg https://image.nostr.build/a8d6957d6bdb29eabea5136ba3d2c8765fabc93b7aa1a504f4a40fb447c53a5e.jpg


Already cleaned up, but here’s a victim. Rat King lost a hand. https://image.nostr.build/709d9eb455900185aea8e6181bb409255df2ec44ab7afb0f85de3af17f1f79e7.jpg


Possession is 9/10 of the law. But it’s 10/10 of the #Bitcoin


Christmas tree fell down. Classic. 🎄


And pen island


And they all stink


There’s room on the bell curve for everyone 🤝


A knife and a mirror had a discussion. The knife made a point. The mirror reflected.


I wouldn’t give the government that much credit.


This is very cool


*TFTC 455


TFTC 454, taking about #Bitcoin ETFs

Fred: “It’s going to be as liquid as Bitcoin itself.”

Marty: *inhales audibly*


nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy TFTC 455: “Do you wanna be somewhat outside the system, or do you wanna be IN the system. Right? I’d rather be IN the system… Because I don’t know what Elizabeth Warren and these kind of people are gonna do.” —Fred Krueger

The unawareness of this man is breathtaking. Yes, you don’t know what Elizabeth Warren is going to do. THAT’S WHY YOU WANT TO BE OUTSIDE THE SYSTEM. #Bitcoin


nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx Regarding TFTC 455, Fred didn’t explain why spot ETFs matter. There are already brokerage-available price tracking funds. Why don’t those meet his “one click” criteria?


I recommend multi-vendor multisig, with self-generated seeds.


Warren and Dimon are both paid actors. It was a show.

Whether it was tragedy or comedy depends on your point of view. 🎭


Oh wait, I totally misread that. Yes. Q3 2024 is July. That’s precisely when the Fed will have gotten M2 back to the historical exponential trend line.


Modern problems demand modern solutions.


Luck


Whatever lane I’m in, that’s my lane.


Has Weinstein gotten Bitcoin yet? Or is he still failing that intelligence test?


Free speech isn’t about being able to say what you want. It’s about being able to listen.


In the beginning, var was the only way to declare JavaScript variables. A var-declared variable exists within the nearest function scope.

There are better ways to declare variables now: const and let. Both const and let variables exist within the nearest block. The difference is that const variable values cannot change. Most of the time (99%), const is what you want. Only use let if you know that you intend for the variable’s value to change.

Again, without seeing your code, it’s hard to guess what’s going on. It sounds to me like you have a main() function in which you’re creating your WebSocket variable, and another function from which you want to send a message on that socket.

If that’s what’s going on, there are several approaches you could take. Which one to use depends on your style.

My first suggestion would be to pass the connected socket as a function parameter. Here’s a trivial example. The socketSend function takes both the socket and the message as parameters. In this way, the main function’s ws variable is explicitly passed into the function as the scoped webSocket variable.

async function main() {
  // ws exists only in main and can’t be changed.
  const ws = new WebSocket(url);

  // Wait for ‘open’ event.
  await new Promise(…);

  // Explicitly pass both the socket and the message.
  socketSend(ws, “Hello world”);
}

function socketSend(webSocket, message) {
  // webSocket has the same value as ws,
  // but exists only in this function scope.
  webSocket.send(message);
}


By node, do you mean Bitcoin Core? Or is it already running additional software?


Maybe you need to listen for the ‘open’ event.

const ws = new WebSocket(url);
await new Promise((resolve, reject) => {
  ws.addEventListener(‘open’, resolve);
  ws.addEventListener(‘error’, reject);
});
// Socket is now open.
ws.send(“Hello world”);

https://developer.mozilla.org/en-US/docs/Web/API/WebSocket


Then it sounds like your code runs in the browser, right?


Unbothered, moisturized, focused, flourishing.


I’d have to look at the code. I don’t know what language you’re writing in nor what libraries you’re using.

You may have a simple timing issue. Perhaps your call to send() happens before the connection is fully established? Hard to say without the details.


Haven’t played them. But in general I don’t worry about apocalypse scenarios.


> Do websockets typically stay open all the time while the app is running?

WebSockets stay open until either end closes the connection, or it is interrupted by some other means. As far as I know, the protocol does not specify a specific connection lifetime.

> Also, how do I .send(string) if the socket variable is not in function scope?

WebSocket connections are bidirectional. The same socket connection should be able to send and receive.

Providing any guidance about variable scope requires information about what language is being written, using what libraries, and running in what environments.


Nah


I’m skeptical


They can build more housing.
They can dig up more gold.
They can print more dollars.

But they can never make more #Bitcoin.


In addition, API stands for Application Programming Interface. APIs take many forms, but when an API uses a web transport to communicate (such as HTTP or WebSockets), JSON is likely to be the data encoding it uses.

The benefit of JSON is that it is natively parsable in any JavaScript environment, as well as in many non-JavaScript environments, and is also human readable. The downside of JSON encoding is that it is not as dense as a binary format would be, and is incapable of representing some data types without further encoding (such as base64).


Few


Is that like a vibe check?


But from whence comes the entropy?


I would check the documentation of both devices. Water heaters expect to take in cold water and output hot water. Putting two heaters in-line means one is taking in water of varying temperature. I would be surprised if manufacturers anticipate this.


Haha yes, I should have been more clear. Jimmy Wales is the head of Wikipedia. The “Wikipedia guy”. Founder probably, can’t recall. 😅


Wikipedia guy


280k sats sounds fair


How’s Qubes OS doing these days? Anyone using? #asknostr


Those videos out of China showing people falling dead in the streets and getting welded into their homes were a state sponsored propaganda campaign.


This is ultimately our protection against State-sponsored attacks. A State actor producing empty blocks (or heavily censored blocks) will eventually run out of funds, being outcompeted by non-censors who get the fees.


From the perspective of a money-only user of Bitcoin, ordinal transactions are inefficient in space. They use more block space than strictly necessary.

From the perspective of a single-sig user, multisig transactions are likewise inefficient in space. Additional programmability takes block space (at minimum in the unlocking).

But both ordinals and multisig transactions must be efficient in fees, in order to be mined. Fees are the equalizer. Value for value.

The fee market is the guarantor of censorship resistance. A censored party can increase their fee rate to incentivize miners. This increases hash rate, punishing the censor with reduced profitability.

If we abandon fees as the exclusive arbiter of efficiency, we also give up our engine of censorship resistance.


Think we’re already in the early majority?


Why do the talking heads accuse #Bitcoin of facilitating money laundering but never talk about modern “art”?


That is my expectation as well. May be dead even before the next moon pump. 🤞


If ordinal spam is still an issue in 10 years, let’s look into it. Until then, let’s wait and see.

Every other blockchain collectible craze (rare Pepes, crypto kitties, NFTs) has burned brightly before fading into obscurity. I don’t know if ordinals will burn out the same way, but that should be our Bayesian prior. #Bitcoin


If all your friends were nonconformists, would you be a nonconformist too?


Intentional hookworm infection sounds interesting 🤔


What about the gut parasites? Is their absence related to a modern illness? Genuinely curious.


Because fiat grows exponentially, by design, forever, and #Bitcoin supply is fixed, then as long as Bitcoin demand remains constant (at worst), every price point will be reached and exceeded, no matter how high.

$1M per Bitcoin? Guaranteed.
$10M per Bitcoin? You got it.
$1B per Bitcoin? Absolutely.
$1T? Of course.

It is only a matter of time.


> Agreed, this is a very good option but it can get expensive

One way to reduce cost is to do, say, 2-of-2 where one is your hardware wallet, and the other is software. For example, Sparrow calls these keystores and makes it easy to set up a wallet with a mix of hardware and software keystores. The software seed would be encrypted in the wallet file. This would still be significantly better security than single hardware sig.

> or tricky to set up if you’re going DIY.

Sparrow is the way to go here.

> It’s important to think about how those you’ll leave your stack to will be able to access it after you’re gone.

Bitcoin is the world’s premier value transfer system. Passing keys to heirs is unnecessary. Instead, use long-dated, pre-signed transactions (Deadman’s Transactions, DMTX) to ensure your heirs can receive coin after you depart.

This requires your heirs to have their own wallets. But this is inescapable. In order to inherit Bitcoin, one must be competent in Bitcoin. There’s no substitute for competence.


Multi-vendor multisig. Any vendor may be compromised at any time. The chances that multiple vendors are compromised at the same time is significantly lower.


Fair price of BTC in USD is ~$0.04/sat in 2020 dollars. We’re 1% there.


There’s been some discussion about what “is” censorship these days. This is pretty close.

The knots client seems to be applying different rules to what constitutes a valid transaction for block construction than for block validation. If the 83/42 byte thing was really a consensus requirement, then knots should reject old blocks that contain them.

But that would put knots users out of consensus, creating a contentious soft fork. So knots only applies the restriction for block templates.

This feels to me like the closest definition to censorship we have in Bitcoin. Applying different rules for block creation and validation.


Nice


You’re trying to extract data from PDF files and output it in CSV format?


Agreed.


Braiins lets you clock it way down, so my guess would be yes? You could also use a plus sized fan. Those run at lower hertz for the same volume. It’s the high-frequency of the tiny fans that makes all the noise.


Ah, pre-generated private key? No thanks.


It used to be that the State got to pick winners and losers. Now that privilege goes to #Bitcoin. 👑


It’s not a top until Coinbase goes down under load.


What are ballet wallets?


Helping to onboard a friend. He asked me: “Should I leave my #Bitcoin on Coinbase or withdraw to my Ledger?”

Honestly I don’t know which is worse?


The greatest gift the SEC has given us is delaying its decisions. Every day without institutional #Bitcoin on-ramps is a day people are just slightly more likely to take self custody instead.


Let’s get to it already. Enough foreplay.

A C C E L E R A T E


Things people say when they don’t like something but can’t explain why:

- “That’s not fair”
- “Problematic”
- “Should be illegal”
- “Not a good look”
- “This is extremely dangerous to our democracy”


GOOD MORNING NOSTR, FREEDOM TECH IS HOPE 🫡
https://m.primal.net/HSrI.jpg


I’m in this photo and I don’t like it


We’ve all been there


Maybe moon was the frens we made along the way 🥹


Back down below $0.043M per #Bitcoin. Guess we lost gents. Time to shut it down.


<oof size large.gif>


What people think are the consequences of capitalism is really just late stage Fiat.

Attempting to remedy it through socialism will steer us towards the perilous path of totalitarianism. Embracing sound money and a free market, however, paves the way to prosperity and freedom.


Rampant


S U P E R C Y C L E nostr:note1n3kchw97kakzzsfhylucmvjavke7hwrc4rghhw834m85nm3qfh0q2yxq65


The chip says “shoot here”, not “drill here” ☺


A  C  C  E  L  E  R  A  T  E nostr:note1eel6ks7qza84j77458xd478nwpel4dg030u2z5axv5unrkz4myfq9mch5n


So six months then


You’ll get another chance


I think they’re calling it “white lung”


It will be interesting to watch the media coverage as the prices diverge—ETF tanking while Bitcoin soaring.

Maybe then people will learn the difference. Maybe.


Say what you want about tankies, at least they’re honest about their intention to impose their worldview by blunt force. If only modern leftists would be so forthright.


Statists are usually reluctant to face the implications of their espoused philosophy. For leftists, I guess this is because the brutality of the State is at odds with their self image as righteous protectors of the meek.


Wolf understood the argument and had no counter, so switched to sarcasm/insult. For folks on the political left this is often an effective rhetorical tactic. John Oliver has made a whole career out of it.


Lying could be overcome by a soft credit check.

It seems smart to me to filter based on credit. Saves you from finding out she’s bad with money later.


This is my jam


Wait. I support the current thing? 🤔


What about the roads?


Vernon Vinge’s book “Marooned in Realtime” takes place after the technological singularity. Characters are variously less or more powerful based on how late into the singularity they were before being plucked from time.

I think about this sometimes as it relates to #Bitcoin. But instead of the latest people being the most powerful, it’s the HODLers who’ve held the longest.


At $1M per BTC, a sat costs $0.01. That’s when we move the decimal 8 places as a one-time 1:100,000,000 split, keeping the BTC price ticker.


1 BTC = 100,000,000 BTC


Inflation is the big one


Really? That’s interesting to hear.


We’re at the point now where everyone knows the government is lying, but they don’t know that everyone else knows. People still think other people are falling for it. It’s emperor-has-no-clothes territory.


I’m optimistic that that can be avoided. By the time the State would try that, the Boomers will have mostly died off, and Millennials will be emerging into positions of power. Millennials and Gen Z will have grown up with Bitcoin, observed the collapse of the dollar, and will have little interest in repeating the experiment (I predict).


Agreed that you get equity and may lose deposit (I never have, but it’s a risk). And yeah, you gotta live somewhere.

Additional considerations:

- upkeep cost - As a homeowner, you have to pay for home upkeep that’s often the responsibility of the landlord. E.g. if an appliance breaks, plumbing problems, property tax, etc. These costs must also be included for a full comparison.

- opportunity cost - The alternative to home equity isn’t cash. It’s #Bitcoin.


My favorite


Or maybe we’ll call them “cents”, if there’s 1:100.


Here’s a fun party trick for your normie friends who think their house has appreciated. Plug in the Price they could sell at, the Cost they paid to buy it and the number of Years held:

(Price/Cost)^(1/Years)

It will give you a number like 1.0845. This means the house’s Compound Annual Growth Rate (CAGR) was +8.45% per year.

Then do the same for the M2 money supply. Replace Price/Cost with the M2 estimates from today and their purchase date.

Did they beat inflation? If not, then their house was not an asset, but a liability. https://image.nostr.build/cb44c3c46d49cb269a6d279dcdc267d0e53542f135d549c5e28e6e3bcce14dfa.jpg https://image.nostr.build/c827a5db4721ea3dd0601b3924cf9eda17ee884ba831c63d93bf8d37b3c2b56c.jpg https://image.nostr.build/334ca29d2f4b09397c322ce7068ce26d594e8a1b61c609c6ca9bb3a44685ce35.jpg


Without digging in, the first question I have is how frequently do bets like this get made? Was this an anomalously large bet?

It could very well be insider information driven. That wouldn’t surprise me. It could also be a coincidence based on a pattern of shorts, and it happened to pay off. That wouldn’t surprise me either.

But in either case, there’s nothing I can do about it. 🤷♀


Love to see it


“This is not financial advice. This is not investment advice. This is life advice. Stop looking for other people to solve your problems. Stop sucking on the government teat. Take some ownership over your goddamn life for once.” —J.T. Woodhouse nostr:note10ff2pgk0qa0cecppyx4fmcyjuzhh379xerq7sysdwqva83thuwks4p0dn9


We’ll introduce smaller units sometime around $1/sat.


Pennies, meet steamroller


Feisty GM 🐶☀☕ #dogstr https://video.nostr.build/f41314856a53ce7208684354cc0852d636f10f6e96a2a6cd663097ebafee89ed.mp4


Looking forward to genius season


Finished rewatching Fight Club. Feels like time for a The Big Short refresher.


Blocked and reported


🎵”The waiting is the hardest part
Every day you see one more card
You take it on faith, you take it to the heart
The waiting is the hardest part” 🎵
— Tom Petty on HODLing #Bitcoin


*cries in opportunity cost*


Sorry to hear that, I’m sure you’ll find something else soon. 🙏


Nah


> i made it here… but not because i was guided into it. i just sat alone and figured out what to do

That’s the only way. No one can give you better advice than you can come up with yourself.

Even if you find and listen to a mentor, it’s still on you to decide to follow the advice. It’s still on you to decide what makes a good mentor.

You can’t disclaim or escape your role in shaping your future. No one can.


Absolutely nothing


Sned it


Patience is a virtue. Not giving a fuck is a superpower.


That whole actors guild strike is going to look real dumb in about 18 months when actors are no longer required.


Sounds like a Super Duper Game Boy


I think it depends on the situation. I find myself writing tests when I begin to fear how different inputs will be processed, especially in combination.


What’s going on here?


I will now play for you the song of my people https://youtu.be/7cE4MPb7lPg


What’s wrong with git branches?


Had not heard, no 🤔


Bullish


The way to solve the metadata analysis problem is to flood the network with noise. Every time you DM, create a whole bunch of automated junk DMs at the same time. Like an anonymity set.


I don’t have a list per se, but GPT4All is pretty good. https://gpt4all.io


See you at 58k 🫡 https://image.nostr.build/57df46e440c0e5208e774e7a7e16301cab1283d7b18322fbb7d80ad3728ffe31.jpg


Zappe gettin sacked more than a gimp at a teabagger convention.


Wife wants me to put out the Christmas lights today. One of my least favorite chores. 😣


Phillip Bagus’s book “In Defence of Deflation” is also good


Unlikely.


Nailed it


Yeesh


📢 “We are all part of the same compost heap.”


A man will wear the same worn out sweater for 20 years because some woman told him it looked cute once.


Modern problems require modern solutions


This is your life, and it’s ending one minute at a time.


Thinking I’m about due for a re-watch of Fight Club.


Here’s the next panel you’re welcome
https://image.nostr.build/3aed0eec1742299d88e82c486fbbdb39a26b2cce78010c68fdf2d826ee36be30.jpg


Instant follow


#footstr nostr:note1ksjmja345gc5fw72sy3ta59dqwpa0pm65e4dgke8r0k0y6trq3ms54hf7p


Oh lord I hope they fix this. Makes it really tough to go back and edit long notes. 🙏


What service do you use to search for where something can be streamed? I don’t feel like searching each service one by one. #asknostr


“Economics” only seems complicated when viewing it through the same system designed to steal from you.

#Bitcoin


The glaring thing this article ignores is that faced with a depreciating currency, buying things, even at inflated prices, is completely rational. It is irrational to delay purchases which will be EVEN MORE EXPENSIVE in the future.


BTCUSD is the real CPI.


Don’t worry, they’ll cancel the election on some other grounds. There’ll be some kind of emergency reason why it’ll be “postponed”, then postponed again, etc.


“Why are you hitting yourself? Why are you hitting yourself?”
https://image.nostr.build/affdbf3262edd07ecca599c310afb0318b8ec109cc092c27c2ae4761648874be.jpg


Which way, western man?


Guy just wanted to nachos and chill


🫨✋DONT U KNOW🤚🫨


How Europe sees America vs how America sees America. https://image.nostr.build/2ef299380e296116de4256df585029c4cc3017401e0a9b7e508f7e10c6a06818.jpg https://image.nostr.build/f39c1fbc937b5c8d5913808cbb03d5050964e12fe2583d89d1954934a441e653.jpg


This is the S&P, divided by the total money supply (M2). If you bought S&P in 1959 and held it to today, you BROKE EVEN compared to monetary inflation.

#Bitcoin fixes this. https://image.nostr.build/64a64e4e739f7c902d624da4ef0e7844e562a53ae676ce44db7131e9b62804c3.jpg


The Ron Swanson thinking about nothing technique https://youtu.be/7lHARAJFSgw


Courts tend to rule on things after the fact, not before. So the court could, say, rule that the electoral suspension was unconstitutional, but that wouldn’t stop it from having already occurred, IIUC.


What is Jellyfin?


Love it!


$0.039M nostr:note1406sf82mldp0pcu8fl79y8fqa06a0j6ng99xyed8w3tmj7k6u66s5eev7w


What’s the over/under on the 2024 Presidential election actually occurring? Like, what are the odds that some emergency intercedes and the election is “postponed”?


One can only hope


You don’t need video. The audio… speaks for itself. 😎


If you want to be a programmer, accept, here and now, that your work will never be simple. You will never know quite what to do.

As you climb up each level, you’ll find new challenges on the horizon. New puzzles you’re not quite ready to solve. It never ends.


In programming, you’re always working on something you don’t quite know how to do. Because if you knew exactly how to do it, it would already be done.

The difference between novice and expert programmers isn’t that the experts know what they’re doing. It’s that they don’t know what they’re doing at a higher level.


I would say yes, this is pretty normal. It’s uncommon to understand something before it works.


CANNOT UNSEE


Shower thought: every ethic is consequentialist. The consequence is how you feel about it.


// M I S S I O N   F A I L E D //


“Huh?…”
“Who’s footprints are these?”


❗”WHAT WAS THAT NOISE?”


Good luck getting past Psycho Mantis


You live to see it


“Lo-Fi holiday music”. It’s a thing. It’s worth it.


#meme https://image.nostr.build/84353f83af8f2c944ef11c4df7e676be9bf4940a86911ba0abe30ce8590476b0.jpg


A censored party can increase their fee to incentivize miners to pick up the TX. This increased fee pressure incentivizes more mining to come online. This hash pressure punishes censoring miners.

It’s a beautiful thing. The cost of censorship is profitability.


More like “pwnCloud” amirite?


Thanks to #Bitcoin, I can laugh at this article. 🍿


Why do you keep hitting yourselves?


It’s too bad. The problem isn’t immigration. The problem is taxation, without which the fiat currency would have no value, without which the State couldn’t pick winners and losers by printing.


Agreed. A miner who wanted to spend the coinbase TX, then remine the block to earn it back is thwarted by the 100 block minimum.


I’m in the wrong line of work


It doesn’t? I thought that was the point.


Chatted with a local business owner yesterday. He was upset about immigrants getting State resources while the inflation is forcing residents out of their homes.

Nativist sentiment is on the rise.


The fees an the subsidy are rolled up together into each block’s coinbase transaction. This transaction can’t be spent for 100 blocks. This disincentivizes miners from fee sniping—remining blocks to get the fees claimed by other miners.

IIRC, this 100 block limit was introduced by soft fork. It could be lengthened by another consensus soft fork.


Happiness is the difference between reality and expectations.


Supply and demand


There is a difference between pain and injury.


Same here. Organic zapping ftw


100% of wealthy people own #Bitcoin


What does DVM stand for?


One of the great selling points of Bitcoin is universality. It’s global, fair money.

A solar system scale coin (with long block time) could make the same argument. Yes, each planetoid could spin up their own short-time-block local chain, which would give them a measure of independence, much like fiat currencies compete today.

But the long-time-block chain would offer system-wide settlement without miner centralization.


IIRC, the moon has helium-3, which would be useful in fusion reactors. Saturn may also. I’d have to reread “The Case for Space” to list others. https://www.amazon.com/Case-Space-Revolution-Spaceflight-Possibility/dp/B08CVTJ1BM


Bitcoin’s block time of 10 minutes is well-tuned for block propagation Earth-wide, but it is too short for solar system scale.

Which is the better solution for our eventual, space-fairing civilization:

1. Start a separate chain with a longer block time for interplanetary settlement.

2. Increase the block time of the main chain.

#asknostr #Bitcoin


We could lengthen the block time with a soft-fork. This would solve the solar system centralization problem and also the so-called security budget problem by lengthening the block subsidy.


If it’s even real


2020 called. They want their psyop back. nostr:note12z79a3r5ls7gwg525n4zsnd0tzl82p87zmpywxumypwvx78rxd8qrq4zfh


Nice! I recently installed GPT4all. Good to see more distributables. https://gpt4all.io


Everything trends towards zero against #Bitcoin


<DiCaprio pointing.gif>


Welcome to the third world


People dropping the unconfirmed ordinals transactions from their mempools.


From the perspective of regular Bitcoin users, ordinal transactions are inefficient, space wise. They use more block space than they could get away with because of the extra data.

But to get those transactions into blocks, senders have to outbid other transactions. That is, the transactions are still efficient, fee wise.

There’s no need to ban them. Either the extra data has enough value to justify the fees, or they don’t.


A #Bitcoin spot ETF is like an old-school rocket booster. Helps get off the ground, but where we’re going, it’ll be left behind.


Two bee ore knot two bee


Internal consistency is a high bar.


I decorated my house with glue. It looked tacky.


In this video: one gigantic tool of a human being… and Elon Musk.


Sap?


Who first used the term “Central Bank Digital Currency” (CBDC)? Serious question.


I just listened to the latest TFTC with Peter St Onge. He said that back in the 70’s, there were actually two periods of inflation. After the first one, the Fed turned the money printer back on too soon and the inflation came roaring back. That led to the second round of tightening that cost Carter the election and the Democrats their previously strong plurality (and paved the way for Regan).

My intuition is that the Fed learned from this experience and will be willing to hold out longer on the first round of pain than they otherwise would have.


My read is they want to get M2 back to the trend line. June 2024 gets them there. When they do ease, two things will happen, in order: asset price spike then consumer price inflation.

The State’s ideal is to thread the needle, fitting the Presidential election smack between the asset spike and the consumer price inflation. That way, the incumbents get to claim victory over the booming stock market AND having tamed “inflation”.

If the Fed turns the printer back on too early, Joe six-pack’s six-pack will increase in price before Joe has a chance to vote the party line.


Assuming your shuffling/picking is random, pick-and-replace is better (higher entropy).

However, I’m skeptical about pick and replace for two reasons.

1. Since many games give some cards higher value than others, I would predict that some cards get handled more or less than others. For example, in 5-card draw, people are likely to keep high-value cards and discard low-value cards. Does this unequal wear pattern make a difference when using that deck to pick single cards at random? Would an attacker be able to make use of such a pattern? It probably doesn’t matter, but it’s something I think about. Using the full deck restricts the scope of unequal-wear-pattern effects.

2. People sometimes undermine their own entropy thinking that they’re helping. For example, using pick-and-replace, chances are ~73%* that you’ll see the same card in two seed words back-to-back. People might think they’re doing themselves a favor by tossing the repeat back and picking another, when in fact they’re introducing bias. Worse, memorable (high value) cards are more likely to be tossed back than less memorable cards. Using the Solitaire method makes it impossible to see duplicates.

I designed the Solitarie method to be easy to do and hard to mess up. As mechanical as possible, to try to avoid user-introduced bias.

* Doing the math:

- Chances of neither card matching a card in the previous tuple: 50/52 * 50/51 = 0.9427
- Chances of no back-to-back repeats: 0.9427^22 = 0.2729
- Chances that you’ll see at least one back-to-back duplicated card: 1 - 0.2729 = 0.7271 = ~73%


Correct


Then take a walk in a park where there are other people around. Or go to a rock gym and boulder. Or go ice skating. There are many low-impact physical activity choices.


I think daddy Pow-pow needs to show he’s in charge. Can’t just give into market demands.

The Fed’s playing a game of chicken with the economy and can’t be seen to swerve first. That’s my read anyway.


#Bitcoin #meme https://image.nostr.build/613b7021a948cc8d1199702f8518c3b5059e7fa220ddb7d37f898307854d736f.jpg


June. That’s when M2 will get back to the long term trend line, with just a few months before the elections for incumbents to take credit for the stock market boom. https://image.nostr.build/334ca29d2f4b09397c322ce7068ce26d594e8a1b61c609c6ca9bb3a44685ce35.jpg


You are not bullish enough on #Bitcoin https://image.nostr.build/a5d7b7fabb1b3af347313254ef64f9bf67f6634127a991af7ff8265bef2ea2d1.jpg


S U P E R C Y C L E nostr:note1mywuze38k7ydn0wt73nmhqvf3vmhcedtgdza70jxqcaet0u3kpasrcg8ru


S U P E R S H I T C Y C L E nostr:note1fzvp5n7geuv8vw528knafr9kt8zw9rmkrsmd8utp3f0dsv3lgltqrjq2ah


Lately, I’ve taken to using Doge as the denominator of shitcoin charts. Doge is king among shitcoins. If your coin can’t beat Doge, what are you even doing?

Here’s ETH, priced in Doge, for example: https://image.nostr.build/06ddd565b18e94bf1ef21afdc7abfeb0c3d5f260c42a628248ea2eb03ece4520.jpg


And don’t ignore the mind-body connection. If you get her heart rate up, that will have more impact, emotionally, than a static activity.


Damus consistently crashes for me scrolling the home page. Seems to reliably happen just after I pass that article about the CIA’s UFO collection. 🫣


Double word


Maybe try a different kind of first date where you’re both doing something, like a nature hike. 🤷♀


nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac or if the app doesn’t remove the tracking itself, at least the UI could warn you about what you’re about to do


GN nostr

https://youtu.be/EFDMum1vs7Q?si=VzRHgG3f5pWj3E5D


I won’t believe it until I hear the official denial


<Ron Paul it’s happening.gif>


Word


Not formally, no. I have fielded the concerns I’ve received by informal review by developing simulations, which are in the repo: https://github.com/jimbojw/seed-picker-solitaire

There are two ways to use the system: pick-and-replace or Solitaire (use the full deck as a seed). Both rest on the quality of the shuffling. Analysis of pick-and-replace is easier, because one may assume that each batch of shuffling is an independent, random sample.

Analyzing the Solitaire method is, as far as I can tell, intractable because it demands considering the joint distribution of deck orderings (of which there are 52!). My simulations use distributions in the value of the top card as a proxy for total entropy because the top (and bottom) cards change position least frequently during a traditional, riffle shuffle.

Consider. You cut the deck, then interleave the cards. The new top card will either be the previous top card, or the top card from the other half of the deck when cut. There’s a distribution of probable cut locations (we can’t assume perfect cuts), so a closed-form analysis would need to model cut location probability in addition to interleaving.

By way of these simulations, I estimate that 12 shuffles is enough for a typical person to approach 99.99% of the available entropy, as measured by top card. A deck ordering represents ~225 bits of entropy. But since not all of the 52! orderings yield a seed phrase, and only 46 cards contribute, the actual preserved entropy of the Solitaire method I estimate to be ~205 bits.

The Bitcoin signature security threshold is 128 bits, so, if the aforementioned estimates hold, the ~205 bits from a 12x shuffled, Solitare’d deck, encoded as 23 seed words, should be harder for one’s attacker to crack than creating a standard 12-word seed phrase by flipping a coin 128 times.

That is to say, I, personally, am satisfied with the Solitaire approach for generating 23-word BIP39 seed phrases. I would NOT recommend using this approach to make a 12-word seed phrase. For that, you need to use pick-and-replace, AND generate the 7 of 11 entropy bits encoded in the checksum word.


> the weak point in this scheme is loading the privkey into a computer to generate the checksum and/or pubkey

Entering the seed material into a computer of some kind at some point is inevitable. Even if you use a hand-computable checksum offline, you still eventually need to generate a fingerprint, XPUB, addresses, etc.

There are at least three different risks we want to mitigate: weak entropy, leaked keys, and lying wallets. Rolling one’s own offline seed material takes care of the weak entropy.

To mitigate the other two risks, use multi-vendor multisig. So long as your separate vendors are not compromised at the same time by the same entity, your funds should not be movable by anyone other than you.


Nice find!

I also recommend jq, which I’m guessing you already know about. https://jqlang.github.io/jq/


We’ve all been there


S U P E R C Y C L E nostr:note1uhpvw3dndc9kul3n55z0sc6avxs6apaje7p74emwc3gesmq03pusx0a3l5


#Bitcoin #meme https://image.nostr.build/57df46e440c0e5208e774e7a7e16301cab1283d7b18322fbb7d80ad3728ffe31.jpg


I’ll just leave this here https://jimbojw.github.io/seed-picker-solitaire/seed-picker-solitaire.pdf


Love to see it


What happened?


LFG


Cancel Social Security and pay everyone out what they paid in plus interest. Print whatever is necessary to make up the difference.


It was the best of times. It was the worst of times. Gold was near all time highs. Gold was near all time lows.

https://image.nostr.build/2712ed27d879cbcd15c8ab2b4bbeb0326f1f9ca0731c17be1fb54d5b58c4b262.jpg https://image.nostr.build/51b747c25b0b7f974c7aee1897ac78b123722a82ec5714c1bbd2d021e25a41c4.jpg


Not good enough?

Did you use the llama version, or the new version?


Surprising that 30% wouldn’t


Has anyone tried Gpt4all? What did you think? https://gpt4all.io


How goldbugs see gold vs. how Bitcoiners see gold. https://image.nostr.build/2712ed27d879cbcd15c8ab2b4bbeb0326f1f9ca0731c17be1fb54d5b58c4b262.jpg https://image.nostr.build/51b747c25b0b7f974c7aee1897ac78b123722a82ec5714c1bbd2d021e25a41c4.jpg


What happened to Target?


Noh


The American way


In nature, ownership is what you can defend.

In society, ownership is what you can do.

In #Bitcoin, ownership is what can learn.


Ideas worth spreading


Property must have a boundary defined and defended. Without a boundary, it’s just nature.

Information, to be property, must also have a boundary. A secret has this property. This is what makes Bitcoin intellectual property—only the keys, which are secret, can move coin.

Other forms of information (books, etc.) have no boundary once shared. Without a boundary, they’ve reverted to a state of nature. Like a glass of water poured into the ocean.


Some would say this is the nature of exponential growth.

What’s Grok?


#Bitcoin #meme https://i.imgflip.com/87ebbh.jpg


Don’t worry folks. The #Bitcoin price volatility will come down sometime between $0.01 and $1 per sat. 👌 nostr:note16uyf0erq7cmwpt6hg0xql35ktftpwt4f3tjay89jh7pvl9xnggss57taxs


Any #Nostr devs who want to fix the 30x-copies-of-jack’s-notes-in-my-timeline issue, please feel free to use this complementary JavaScript:

const seenNoteIds = new Set();
function shouldShowNote(noteId) {
  const result = !seenNoteIds.has(noteId);
  seenNoteIds.add(noteId);
  return result;
}


The struggle is real


Could be. Their droppings are slightly larger than that of mice, and disintegrate under pressure. And whereas mouse droppings will tend to be by walls where they scurry, bat droppings will be under where they hang.

Bat droppings are toxic though, so I suggest wearing disposable gloves if you’re going to do any checking.

The solution to bats is to install egress tubes that the bats can get out of but can’t re-enter, then seal up around the openings that they’re using. Professional exterminators will know how to do this. https://extensionpublications.unl.edu/assets/html/g1667/build/graphics/g1667-5a.jpg


Bats?


#Nostr #meme https://image.nostr.build/6826c88851fdad118870396d66321535e5f9ac97807072bd7a34a3d3fc1ea673.jpg


Missing a few


#meme https://image.nostr.build/95fd74c079e4390e7b252bb1dfc7dbbfc5f8d60721e39bbcc3b4da222048195d.jpg


meta


QQ: Is it open source?


#meme https://image.nostr.build/6c729443382da2dd3391505b870463b16337f64591799b4fa227bfb77bda8d4a.jpg


That’s the point


IMO, it’s not a serious concern. Humanity may eventually invent this technology, but there would be signs, and we could take steps.

The first sign that anyone had a functional, ECDSA-reversing, quantum computer is movement of super old coins. Like Satoshi’s coins. These represent a huge bounty for would-be quantum pirates.

If we were concerned about this possibility, we could softfork in additional, quantum-resistant signature schemes and start to move coins to them.


Sounds like it’s worth a watch


I believe so, yes. I can only run my S19j Pro in the winter. Summer it overheats.


It’s “S19 won’t overheat and shut off” season


Notice how all three do the precise opposite of what they claim —

The Bank Secrecy Act requires not that banks be secretive with their customer’ private info, but rather, that they report everything to the state, which inevitably gets hacked.

The Patriot Act facilitates spying on everyday Americans who have committed no crime, the opposite of patriotism, and a direct violation of the Fourth Amendment.

The Federal Reserve is neither part of the Federal Government, nor does it have any reserves. Instead, it steals the reserves of working Americans and dollar holders worldwide via hidden inflation.

There is a better way. #Bitcoin nostr:note1nys0arw9gc7msrd6v42aw0s2x5m90775t0h5a78rgyyket3u2qlswlykk8


What does it do?


I knew this day would probably come, but didn't expect it so soon.

I am being investigated for running an illegal money transmission business in Canada (nodeless)

Under the advice of my lawyers I need to shut down the main instance of it.

As you guys know I made Nodeless completely open source in the event that this happens, so that others who don't live under communism can run a honest, privacy focused payments business.

To my clients who are using it, I'm very sorry for the short notice but you'll need to find a new payment processing solution this weekend.

DM me on telegram and I will personally walk you through setting up a btcpayserver instance that you can self host, or even your own instance of nodeless.

I can't give much more information than this, not even supposed to say this much, but I owe it to you guys to let you know what's going on.

To install nodeless on your own server, you can get started here:
https://github.com/nodeless-io/nodeless-monolith


I’ve heard this helps https://youtube.com/shorts/YyT9ZwWy5Jc


I dollar cost average in #BTC because im tired of my hard work and energy being printed away.

#Bitcoin gives us a chance not only to store our value but to be financially free.


GN 🐶🌙✨#dogstr https://image.nostr.build/292a3b179a24ec3596638b7236261fbee858a529c4fe215f5030dc76b3c33204.jpg


What’s going on there?


Lightning tip bot on Telegram?


I’m sure! You deal with people in amped up emotional situations. Getting them to calm down is a crucial skill.


Imagine a football stadium which is filled with water. Every minute one drop is added. The number of drops doubles every minute. Thus it goes from 1 to 2, 4, 8, 16 etc. So how long would it take to fill the entire stadium? One day, one month, or a year? No, it would be a lot quicker and only take 50 minutes! That in itself is hard to understand but even more interestingly, how full is the stadium after 45 minutes? Most people would guess 75-90%. Totall wrong. After 45 minutes the stadium is only 7% full! In the final 5 minutes the stadium goes from 7% full to 100% full.

Gradually, then suddenly
#Bitcoin

https://image.nostr.build/39694ec3387de307fd00cc39a847ac7d065fdca69f3a4b530e6566e5df49efb3.jpg
#plebchain #grownostr #zapathon #art


Came here to post this


Rock beat shells.
Paper beat rock.
Debt beat paper.
#Bitcoin beats debt.


Never Split the Difference by Chris Voss


The State-sponsored moat concept won’t succeed. At most it’ll drive innovation to other countries, or, just as likely, to open source anons. This isn’t a physical business like making cars or laying wires. It’s pure digital. Information. Can’t be stopped.


Few


Zeus May be able to connect to LndHUB. If so, any Blue Wallet provider would also work with Zeus, in principle.


Become #unruggable.


#Bitcoin https://image.nostr.build/514ea7be71ffebe3f13779e713fa5e2f4e0e24ba74c08fe20b3527231fa49e1c.jpg


In former eras, the response to getting rugged was to take to the streets. Thank goodness we have a bloodless alternative in #Bitcoin


Cold storage


Oof size large.jpeg


Zeus


✅ Ignore you
✅ Laugh at you
▶ Fight you


Scam


What is homeowner vacancy? Sounds like a contradiction in terms. If you’re a homeowner, then you reside in the home you own (which would not be vacant), right?


Enjoy


S U P E R C Y C L E nostr:note192yagdhqy3e45366l3ul80px4t7733ngqas8qr29kgqa9e5j35gqrkcak0


Truth


I remember Rothbard talking about something like this. I think he said that post WWII there were alternative proposals to establish a Jewish State in uncontested land. How different history could have been if instead of the global Middle East, Israel had been founded, say, in the American Midwest.


BELAY THAT BEARISHNESS
S U P E R C Y C L E nostr:note1dvclulm3fxvfpz3t0zkayg8p0739j4gsqzcezlrjj0jcyf9fukkqt7uqkz


What does it do?


END THE FED


Statists hate #Bitcoin because it denies them power. There’s nothing the State hates more than denial of its authority.


Sounds like the teacher needs to learn something


1984 but without the beatings


What ridiculous terminology. “I’m not broke! I have a deferred asset!”


Send me 1 Bitcoin and I’ll send you 50 MILLION satoshis back.


At the beginning, like a heavy block, but once it starts rolling, the path to freedom is unstoppable. 🚀

https://image.nostr.build/0230710b0e755f5092e1dadec6c17a87de9494af207b62b0d14bbeab9d45e19e.jpg


Happy Thanksgiving! 🦃🍁 GM ☕☀🐶 #dogstr https://image.nostr.build/f322dcfb29ab406a60a91b10e8b950bdb4c8f14b60c06776967974129e2f53e3.jpg


#Bitcoin vibes https://image.nostr.build/056e1306c4eac5ae3aafb5eebf9ed1ab0772c11684f4af11b3442b71fe450d94.jpg


I recall the optimal ratio of people to pies is 3.14159 (approx)


Fourth Turning vibes


We did it!


Your posts are as permanent as you make them. Each relay operator decides which notes to keep and for how long. If you want your notes preserved for posterity, one option is to run your own relay. Alternatively, you can pay one or more relays to do this for you (and rely on them to honor the contract). If you neither pay, nor do it yourself, then you’re relying on the generosity of strangers.


Ohhhhh shiiiiiiiiit


Permanent-ish


The settin up or the shitposting?


Great word


Maybe moon was the frens we made along the way 🤝


Thanks! Printed the white paper, I’ll start with that 🙏


I’d like to read the technical details.


I’m here for it


When life gives you lemons…


“hyper hyperbitcoinization” is twice as good as regular hyperbitcoinization 🤝


First one, then the other


Most people know zero Bitcoiners.

People who know any Bitcoiners tend to know just one. You can ignore one.

When #Bitcoin adoption approaches the tipping point, people will start to know two Bitcoiners. Then three.

When three people are into something you know nothing about, you can’t ignore it anymore.


Interesting, is there a BIP I can read about it?


What’s Bitvm? Been hearing it tossed around.


The only other thing I can recommend is soap. The kind we use is made with goat milk and olive oil from Lori’s Soap & Sponge https://www.lorisoaps.com/


Legit


That sounds narcissistic


GM


Hai


A C C E L E R A T E


Some are more rarer than others


Few


#meme https://image.nostr.build/704f8563539c72807c67f4d854102c9cf5daa31df7284c63741973847ed3bab4.jpg


How light mode users see dark mode https://image.nostr.build/52d2fc11af3e9236018f497ae61580776e167f7e0eefaf439d4b1639f5ae2fd2.gif


The protocol supports arbitrary tags, which are lists of strings, so if I were going to implement this feature, I’d use tags to mark alternative sources, then put the “main” source in the text of the note. It would be up to clients to use the alternative sources when rendering. Clients that don’t implement the feature will still show the main image as before. Clients that implement will have a better failover experience.


This is such an ignorant take. It doesn’t matter from whence #Bitcoin came. It’s here now, it’s open source, and everyone who runs a node enforces the rules they consent to.


Fees may look high, but remember, #Bitcoin is still the cheapest, fastest settlement system on the planet.


Banks are closed on Thursday. #Bitcoin never closes.


What’s Wolf Hall?


Nicely done!


From Thaddeus Russell’s “A Renegade History of the United States”:

“When the Denver city council attempted to humiliate local prostitutes by passing an ordinance requiring all “women of ill repute” to wear yellow ribbons, the city’s madams dressed themselves and their employees in yellow from head to toe. This drew even more attention to the city’s streetwalkers and embarrassed the city council into rescinding its order.”


My fave is Cave Johnson’s rant about lemons 🍋 💥 https://youtu.be/Dt6iTwVIiMM


When did you become an expert in Argentine politics? https://image.nostr.build/31e0a76c97638695ecd18d6092976025e425e307beb43e130d0aae46ac6bbac2.gif


Yeah fees are high, but that makes dust attacks more expensive, so we got that going for us, which is nice.


<DiCaprio pointing.gif>


Great insight by Booth. When was the last time there was an “Internet” conference? That’s the stage we’re at in #Bitcoin. There are still “Bitcoin” conferences.


Eucerin


Hello


Few


Came here to ask this


It’s like “dust”. You can dust something to take particles off, or you can dust something by sprinkling particles on.

Such words are called autoantonyms. They’re their own opposites.


Listening now, agreed it’s great.

When I first heard about Booth’s book, “The Price of Tomorrow”, I thought, now here’s someone that ought to grok Bitcoin. To my delight, he did!

Curious if you’ve thought about getting Neil Howe on the show. I just finished reading “The Fourth Turning is Here”, but so far it doesn’t seem like he groks the importance of Bitcoin, even knowing full well that rapacious inflation is one inevitable outcome of our current Crisis era.


Disagree. Depends on the terms.


Seems fine


There is no amount


Welcome 🙏


We’ve all been there


Forth Turning vibes


This is expected behavior in Fourth Turning conflict.


This is why the cheeseburger is apex nutrition. Optimal balance of macronutrients, plus vitamins and minerals in the toppings.


Sounds about right


How much longer is the “weak men make hard times” phase?


This is extremely dangerous to our democracy


And you may ask yourself, “how did I get here?”


The only person who can limit you #Bitcoin withdrawals is yourself.


Make the FPS meter available to everyone 🙏


Get it!


GM ☀🐶☕ #dogstr https://image.nostr.build/3939d4ae14aca555e14ddffdd1a8041f3b055194c306055fcde04254377bb00d.jpg


200 sats/vbyte?!


When it comes to home appliances, we have Washers & Dryers. How about Folders?


Best of luck! 🙏

I’ve been doing a lot of work lately with IndexedDB. The npm library idb makes it easier to work with, strongly recommend. https://www.npmjs.com/package/idb


#Bitcoin https://image.nostr.build/97e427080f8fa6fcf5995ea79b7e7ff6c086ffb171b7d8ade3a1aa7ccf1a3f72.jpg


I haven’t done it myself, but I suspect what you need is a ServiceWorker, which can intermediate requests and cache assets. For client-side storage, you’ll probably want IndexedDB, which can store any content that’s object serializable (even binary data like Blobs, ArrayBuffers and typed arrays).


Correct. There was already a flag to signal mandatoryness. This “problem” was solvable with a bulleted list of hyperlinks. By changing the definition, they made previously compliant relays liars (any relay implementing NIP-11 that says it supports NIP-11, 20 etc. is now incorrect since NIP-11 no longer exists). Previously NIP-01 compliant relays are no longer, etc.


I hope we find out. I was displeased with how nips 11, 20 etc. got rolled into 01. They were fine separate


Sounds promising


The problem is that the same organization is charged with carrying out the mandate and also establishing the metrics by which it is judged.

If the system were serious about the Fed’s mandate of “low stable inflation”, then some other entity should be responsible for assessing the degree to which the mandate was achieved.


What are they gathered for?


If the Fourth Turning framework turns out the way its authors predict, Millennials will rally to the State in response to crisis.

It’s up to us to ensure our right to privacy is preserved. Not by lobbying the State. That’s admitting defeat. We must remain impervious to the State through command of superior technology.


What does this render?


I use hledger, which is format compatible, I believe.

There’s a ledger format plug-in for Visual Studio Code too.


I have no experience with Mutiny, so yeah, probably.

Props to them for actually exposing at least part of the error. But this is very little context to go on. Like I said, the basic structure of that error is quite common in JavaScript programming, with several different kinds of causes.

My guess is that your app is in a state they haven’t tested for, and there’s a relatively simple fix they can apply, like checking for the existence of some object, etc.


In Java, a routine cause of errors is that an object that you expect to exist is in fact missing (value is null). The Java runtime throws a NullPointerException when you try to use the object that’s missing. Hence this is a common error that Java developers occasionally encounter and have to debug.

A similar case happens in JavaScript, but rather than the object missing, it’s that a function on the object is missing. When you try to call the missing function, the JavaScript runtime tells you that “undefined is not a function”. Common causes include `this` bound to the wrong target, typos, and compiled code that renames properties.

They’re not exactly the same kinds of errors, but similar, and both common for respective developers of Java and JavaScript.


Heightism is real


Fiat is credit. #Bitcoin is money.


Yellow guy seems alright


I think you’re thinking of Karens, which are predominantly Gen-X.


Yeah, but to where does the plumbing flow?


#Bitcoin https://image.nostr.build/7fbb405652703b7cd280b305c7224a8e75f5baf332c878236c2978cfe12b7bbd.jpg


Third quarter 2019 you say? I seem to recall some kind of anomalous repo facility breakdown at that time. And then something else happened… 🤔


Yes, he mentions widows briefly, IIRC. The children of widows fare similarly to children of two-parent households, statistically.


I hear you about this pump still being well below ATH, but that’s common for mid-cycle. For example, see summer of 2019’s $12k rally sandwiched between 2018’s $6k’s and 2020’s $9ks. All these numbers were well below 2017’s $19k blow-off top ATH.

I don’t expect a new ATH  until 2025. Between now and then, we have a lot of attention sucking Bitcoin unrelated news (wars, Presidential election, etc.)


According to Howe:

- 1981-2005 = Millennial
- 2006-??? = Gen-Z


Asked Alexa to play “smooth jazz holiday”. Two of the first three songs were instrumental covers of “All I Want For Christmas Is You”. 🎄🎵


Oh yeah, over time NGU. No question. I’m talking specifically about near-term price action, presumably this calendar year.

2024 is a whole different ball game.


Sounds good in principle, but if so, then what stops traders from front-running?


I do not assume the markets are efficient. I assume that there are at least some number of traders who saw the news opportunity and bought (hence recent price increase) and are just waiting for the news to drop to sell.


It’s funny you mention individual sports. I was a competitive swimmer. Only sport I really got into growing up.

Swimming is perhaps the ultimate loner sport. Because you’re underwater, nobody can talk to you even if they wanted most of the time. 😅

Now I lift weights, in my home gym, alone, at home.


Everyone has had months to front-run the news.


"It would be a dark, dark world if Bitcoin didn’t exist." —Alex Gladstein


There’s been so much hype about a #Bitcoin spot ETF, I have to believe that it will be a sell-the-news event.


Same. Listening to Howe’s “The Fourth Turning is Here”. He has extensive descriptions of the generations in a series of subsequent chapters.

I think I’m early Millennial by birth, but I don’t feel the pro-social “we” attitude that’s characteristic of the generation. My temperament is much closer to how Howe describes Gen-X.


Doing some #Bitcoiner research, pursuant to the 4th turning.

Anon, which generation are you? Boomer, Gen-X, Millennial or Gen-Z? #asknostr


You don’t “spend money” on #Bitcoin.

You upgrade your money to Bitcoin.


Molyneux covers this in detail. In short: a single mother is a bad prospect for the guy. Smart guys will steer clear. https://youtu.be/Q7-kZwYGYs8


Your PS2 ports were color coded?


The problem with SUPERCYCLE theory is that it presumes a linear progression of history, which history does not support.


Also Damus. Please please give me a never-see-a-repeat feature. 🙏


Couldn’t hurt


I’ve been reading Howe’s “The Fourth Turning is Here”. He seems to think we’ve got a decade left on this Crisis. https://image.nostr.build/e61e01e816cf788329bec8c7c189edaf000a635caec50599f4bb2af4921e83e4.jpg


#JavaScript #meme https://image.nostr.build/a95fd5317be3498eeacfbf0c858d8b315bd48a3212f5fa4935af4ab1a87f86a8.jpg


You may not like it, but this is what peak performance looks like


I’ll take “rug” for 1000, Alex


Skeptical GM ☀🐶☕ #dogstr https://image.nostr.build/8fe9ba532684f55dab0c41bdcf1f5be0f1603107c37dbe673b506d92e9b92ba1.jpg


It’s ok to make up words as long as your audience understands. Dr. Seuss made a whole career out of word swuzzling.


I lol’d


What are you seeing?


Audible


Listening to “The Fourth Turning is Here”, contemplating what an America would look like that I’d be proud to selflessly support.

It would have to be Stateless, I think. I struggle to imagine any government I could get behind. https://image.nostr.build/e61e01e816cf788329bec8c7c189edaf000a635caec50599f4bb2af4921e83e4.jpg


Not even once


If the State could kill #Bitcoin, it would have done so already. Bitcoin will outlast the State.


I used to listen to stuff on there a lot. Haven’t thought about it in years, but your comment about sad songs brought up this memory.


And being armed


A “right” or “left” leaning Libertarian is an anarcho-capitalist that hasn’t finished thinking it all the way through. nostr:note1u9nr9wyjs488penreew4hn569srd6wuakeewqnwq8jcw0lp03cfq65g02n


100% this.


False. This coming weekend is 120 hours away.


It doesn’t look like they’re nesting to me. More like maybe they recently lost their home and they’re hanging out.


🎵🎄I don’t want a lot for Christmas… just 12 words, my #Bitcoin seed… 🎁🎵


Always do what you are afraid to do. - Ralph Waldo Emerson


How so?


Successful people have libraries. The rest have big screen TVs - Jim Rohn


Probably the algorithm at work. People who are sad in the face of adversity don’t get their reels liked and shared. Selection bias favors the upbeat.


Thank you! 🙏


Why does civil war seem inevitable?

Howe makes a compelling case that history follows a cyclical pattern of 80-100 years, the span of a long human life, broken up into four “turnings”. The fourth turning, which we’re half way through now, is a Crisis era.

Each Crisis era progresses through recognizable stages:

1. Precursor - emergency that temporarily galvanizes society.

2. Catalyst - watershed event that produces a sudden but lasting shift in the social mood.

3. Regeneracy - reunifies community and re-energizes civic life (usually more than one).

4. Consolidation - everyone understands that their new community is engaged in a true struggle for survival.

5. Climax - crucial moment that confirms the death of the old order and triumph of the new.

6. Resolution - triumphant or tragic conclusion that separates winners from losers, resolves the big public questions, and establishes the new order.

In our current turning, the Precursor was 9/11. The Catalyst was the global financial crisis of 2008. And the first Regeneracy was Trump’s 2016 election.

From here there are a few likely paths forward:

A. Civil war - Consolidation in which red and blue teams each conclude that the other represents an existential threat to their way of life.

B. Outer war - Consolidation in which America pulls together to battle an external adversary.

C. Regroup - A second Regeneracy in which political affiliations are reformed. This would delay but not replace Consolidation. Routes A or B would still eventually have to take place.

In a nutshell, there’s nowhere out but through. A negotiated settlement, such as peaceful secession, is unlikely.

Howe also explains that no one ever sees civil war coming. Writers recounting the Civil War, which ended in 1865, remarked that as late as 1860 they had thought such a conflict inconceivable.


Do not covet thy neighbor’s sats.


Prior to reading this book, I thought another civil war was unimaginable. Now it seems inevitable. https://image.nostr.build/e61e01e816cf788329bec8c7c189edaf000a635caec50599f4bb2af4921e83e4.jpg


I didn’t see in the thread what exactly happened.


Bearish


10 years from now, the whole “Bitcoin ETF” concept will look idiotic in retrospect.


MATH. NOT. EVEN. ONCE.


I AM EXTREMELY PEACEFUL.


For the M1 thing I don’t blame them, personally. The definition of a “savings account” (excluded from M1) was an account that earned interest and had limited withdrawals. People’s savings accounts, prior to 2020, met this requirement. After 5 or 6 withdrawals in a month, you had to pay a penalty.

In May of 2020, the Fed declared that people could make unlimited withdrawals from savings without penalty. With that rule change, suddenly everyone’s “savings” accounts counted in M1, causing that metric to go vertical.

In response, the Fed created an updated M1 metric which dropped the limited withdrawal requirement. The reason I don’t blame them is that the limited withdrawal requirement worked fine as an M1/M2 discriminator until it suddenly didn’t.

Don’t get me wrong. I don’t like the Fed. I’m in favor of abolishing the Fed entirely. I just don’t blame them for the M1/M2 discontinuity in May of 2020, specifically. It could have been handled better, but I don’t think it was an intentional deception.


Here’s a fun one: S&P priced in M2. https://image.nostr.build/01f310365590bdcc05ebf622dcf031ba6ba90e74ca16ec549a3ebcf3f8fa31d8.jpg


Ya, I remember.

I’d have to combine the M2, monetary base (MB) and Fed total asset charts to figure out how much of the 2020 injections went where. The answer is in there somewhere. 😅


To see why 2020 has played out so differently from 2008, take a look at the asset side of the Fed balance sheet. In principle, this should track M2. Every dollar is a Fed liability, so the Fed assets should match up.

Fed assets grew markedly in both 2008 and 2020, but only the latter caused growth of M2 and thus price inflation. Why? Because in 2008, the Fed printed money stayed in the banking sector. Gun shy commercial banks, newly free of their toxic assets, sat on their Fed balances. The money never hit the broader economy, and so the goldbugs’ predicted hyperinflation never materialized.

But in 2020, the money went out to regular people as a stimulus checks. Those checks directly increased M2, leading to the predicament we are now in. https://image.nostr.build/75a7331fd418bf8d3923532d9451894065cbf20796bfc5b5518ea984f68796ab.jpg


My take: the Fed knows that runaway expansion of M2 would be the end of the dollar as we know it. So they are trying mightily to bring M2 back to the long term trend line.

If current trends continue, they’ll have done so around June 2024. The bond market feels this, even if they don’t say it in so many words. The market is already pricing in a 50% chance of rate drops at that time. https://image.nostr.build/334ca29d2f4b09397c322ce7068ce26d594e8a1b61c609c6ca9bb3a44685ce35.jpg


M2 is savings accounts, checking accounts and physical cash (excluding bank vaulted cash). So it’s the measure of money available to regular average Joe.

Dropping M2 means that USD is becoming more scarce. This increases default rates as people can’t pay their bills.

Ripple effects:
- clamoring for student loan forgiveness
- probable failures of mortgage backed securities
- Fed pressure to turn the money printer back on


It’s like a CoinJoin. The more participation, the more difficult the signal is to pick out.


Exactly. Send the actual payload, then junk to other people. To facilitate, the junk could even be flagged (in the encrypted payload) as such so the recipients’ client software knows to ignore it.

Also fine to send junk to sock puppets. Have the sock puppets send junk back, and amongst themselves, etc.

The reason the metadata attack works right now is because all messages are signal. Drowning that signal in noise would not be difficult, in principle.


🎵🎄Sweet silver bells all seem to say “ATH in play”…🔔🎵


Oh I thought we were talking Bitcoin core nodes, but it seems you’re talking about Lightning


Run two nodes without RAID


I know we’re never supposed to call peak clown world, but come on


"Just close the fuckin door" 💜
https://video.nostr.build/4853c2e889a2878ffec86db3519e836a4b5478a968612336e77c5eeeff636af9.mp4
J. Powell 09/11/ 2023 ✌ 🎶✨


The solution is flooding. Every time you send a DM, also DM 20 random strangers. Signal will drown in the noise.


Amirite?


Double-reverse troll. Pretend to be a naive victim to attract all the trolls away from the actually vulnerable.


You love to see it


The gift that keeps on giving


<DiCaprio pointing.gif>


Incredibly low. The Internet is antifragile. It responds to damage by becoming stronger.


We’ve all been there


#Bitcoin is knowledge. Your right to hold it is in your head.


Highly regarded


RetroPie


Homer is my ball’s name


I’m here, but yeah, not posting a whole lot


GM 🐶☕☀ #dogstr https://image.nostr.build/4b70b26148fcd8fc4d04aa98bc52b2c133e9f27c6b9050b2bc4797f8a34ad6bd.jpg


That would help, yes.

The next Trust problem is XPUB -> addresses. Fortunately this is less difficult to safely check as you can plug the same XPUB into multiple software wallets to confirm they produce the same address sequence.


Asked an AI for a retro game cover for “Always Be Closing: Glengarry Glen Ross, The Game” and this is what I got. https://image.nostr.build/d8a15c4f24217da8d2e6dd12638f19495b15209dd9828d78f291b72f034dc1d2.jpg https://image.nostr.build/6a910e5c20480cad9a038d717c6bf7224db123d506e1d12f2902c85d91a1dcb5.jpg https://image.nostr.build/5c8f62ce00976d8c2713dc60c48eb0b3a4de0db325991411337713bd5b36e130.jpg


Haha thanks! I’ve read it. Was a bit of a challenge due to the first-person narrative with a distinct accent, but that’s about my only criticism.


Wen moon?


> For example, after you have generated your own seed words you trust the firmware to generate your xpub, which could just be someone's else's xpub.

Good point! As you say, multi-vendor solves this. It’s unlikely that multiple independent vendors will be vulnerable at the same time by the same attacker. If multiple independent vendors give you the same XPUB, you’re probably good.

I would argue that rolling your own seeds on a single device is still better than trusting the device to generate the seed because the device may have latent bad randomness. But entering the same seed into multiple devices from different vendors is better still.

In a nutshell, we’re trying to guard against:

1. Bad randomness
2. Known seeds
3. Lying devices
4. Leaked seeds

Rolling your own seeds guards against 1 & 2, but to guard against 3 you need multivendor. To mitigate 4 you need multivendor multisig.


HotBot


Personally, I use a regular deck of playing cards. Shuffling playing cards is a widely practiced skill and a good source of entropy.

This PDF has a table that maps tuples of cards to BIP39 seed words. It also has a link to the GitHub project where you can read the source code and methodology. https://jimbojw.github.io/seed-picker-solitaire/seed-picker-solitaire.pdf


Love to see it


“Not your keys, not your coins” extends to your signing devices. If you didn’t roll your seed words yourself, you can never be sure that someone else does’t have them.


🎵Chestnuts roasting on an ASIC miner… 🎵


That’s alotta memes


The implication is that Everyman knows the money printer is the problem. You love to see it. ❤ #meme https://image.nostr.build/ea6d4b0f833ceb6f337474fb8f747913be79c472651fab2a7375c8793e82c368.jpg


Welcome to Costco https://youtu.be/ZIFCWpn4qQ4