I can't be in #Miami for #Bitcoin 2023 but nostr:npub1mygerccwqpzyh9pvp6pv44rskv40zutkfs38t0hqhkvnwlhagp6s3psn5p is. If I were to shill one project that isn't mine, it would be his: https://nostrocket.org

If bitcoin is the next evolution of money, nostrocket is the next evolution of corporations. He has reinvented how humans form groups and take collective action; he has leveraged bitcoin and nostr to create a mechanism that rewards productive contributions to a common cause and frees organizations from the inefficiencies that inevitably rot them from the inside out. No, it's not a DAO. It's totally different and better. I would argue that this invention is as important as #nostr and bitcoin. These new technologies enable more effective ways of organizing human activity and #nostrocket is the first meaningful progress in uncovering what is possible in a decentralized world. If that doesn't give you goosebumps then re-read it until you understand it, because this is a HUGE deal.

You should be maximally bullish on nostrocket and talk to G. He is a genius and a very cool dude.

Likewise, if G were to shill a project that wasn't his, I dare say it might be mine. Cyberspace is a protocol built on top of nostr that enables a 3D metaverse where every action requires proof of work and value flows across digital space between human and AI agents via the #Lightning Network; this kind of metaverse is the only truly decentralized metaverse where no single entity benefits from it unfairly, where all available resources are publicly quantifiable yet scarce, and where actions have real-world consequences. Being permissionless and thermodynamic (just like reality), #cyberspace is the first digital space that allows humanity room to grow and settle outside of Earth because its fundamental properties make it function as an extension of reality. It is the most accurate and sane realization of the metaverses predicted in sci-fi and the best part: it is not owned or controlled by anyone, exactly like nostr. Learn more about the new digital frontier at https://github.com/arkin0x/cyberspace

You should be maximally bullish on cyberspace and also bother G about it after you talk to him about nostrocket! 😆 sorry G but it had to be done!

Have fun and be safe, all!


Obsession with scale is a fiat disease.

Seeking to get big when you're profitable makes a lot of sense. You can make even more money by scaling up. But what's really odd these days is that a lot of people want to scale even when they're not profitable.

Anyone with a modicum of common sense can figure out that this is not a good idea. If you multiply a negative number by a large number, you get an even bigger negative number. You're only going to lose more money. And that's true. You will lose more money, in a sound money economy.

In a fiat economy, things are a little different. If you're growing, that can be leveraged for additional loans on the potential to make a profit eventually. There's a lot of newly printed money floating around and it debases constantly, so more people are willing to take risks with their money. So malinvestment is common and unprofitable companies can suck in a lot of it.

Not all of these companies are bad, of course. Amazon famously made no profits for years to scale up. But for every Amazon, there's buy.com, boo.com, pets.com and so on. It's a gamble like with any unprofitable business. Sometimes you hit, sometimes you don't. The point is that the new money entering the economy often goes to stupid things and big things are what get attention. Thus everyone tries to scale massively.

Under sound money, profitability is first. You don't want to be losing something that's scarce. Thus, delaying scaling to maintain profitability is the logical choice. Businesses grow more slowly and cash infusions are much less common. That means they are generally much more hardened to market disruptions, because they last.

Family businesses used to last many generations. Heck, many last names today reflect the occupation of the ancestors that had a long-lasting business. A profitable venture that lasts is something you hold onto. It's also what we should be focused on instead of the fly-by-night, scale fast, rent-seeking culture we live in.

Sound money businesses will be very different than what we're used to.


Tether has started reinvesting some of their profits into Bitcoin.

Via USDT, #bitcoin may one day back the USD. https://nostr.build/i/2c04cbb4ed4f37915f27779c03d7eb498796c13b46aa5f7761ae4b8e2349bcdb.jpg


Many of you desire self-sovereignty. Being the master of your own destiny, of not being dependent on evil institutions, or on the benevolence of others is not great. It's a journey and it's not easy.

The biggest and most vulnerable point in your general, overall being is your job. It's the attack vector everyone uses to control you. And you probably instinctively protect yourself... by adopting conventional opinions, by not being too out there, by playing lots of office politics, by dutifully doing what's required of you and blaming someone else when things go wrong.

You're vulnerable in this area because when your income is entirely from one place, you're essentially controlled by that one place. This is how fiat money is used to control you. They can chop off your livelihood in one shot. Thus, they can demand almost anything. And even if you have really good skills, when you switch jobs, you're subject to yet another central controller.

The solution is to decentralize your revenue and not have a single point of failure. Get some side hustles. Figure out how you can make money in lots of little one-offs. When people ask you to do stuff, see if you can sell that as a service.

It's through having lots of customers, and not just one, that you become self-sovereign.


Imagine if the metaverse wasn't just complete bullshit but actually something awesome built with nostr and proof of work.

Listen to the latest episode of Nostrovia with nostr:npub1arkn0xxxll4llgy9qxkrncn3vc4l69s0dz8ef3zadykcwe7ax3dqrrh43w to hear about his thermodynamic protocol for the **real** metaverse you read about in scifi novels.

https://podcasts.apple.com/hk/podcast/nostrovia-the-nostr-podcast/id1678531266?l=en

https://open.spotify.com/show/3FKrua9rST5DDKv0WeAqWn

https://anchor.fm/s/d8e8d5a4/podcast/rss

nostrovia.org


Fantastic -  great minds....


wow，Occupy the financial system
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In the 1940s, the last time public debt was this high, the state banned people from fleeing to alternative ledgers as they destroyed their own ledger. They blocked the exits as the fire burned.

They didn't have social media, rapid bank withdrawals, or bitcoin. In this era, we can have a different outcome. Blocking exits to an alternative ledger, is an admission of a failed ledger.

Attempts a blockages should be expected. Pushback is necessary.

https://void.cat/d/Bbcjh2oreaGy9ZtWHtD5Jc.webp


Bitcoin was designed to be ideal in this moment.

As trust in institutions continues to crumble the value of trust minimized money cannot be overstated.


I uploaded the bitcoin white paper to my website today.
https://www.lynalden.com/wp-content/uploads/bitcoin.pdf

Because, I don't know, fuck CSW.

People should donate to anyone willing to stand up to him in court.


A Cypherpunk's Manifesto
Eric Hughes
March 9, 1993
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Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world.

If two parties have some sort of dealings, then each has a memory of their interaction. Each party can speak about their own memory of this; how could anyone prevent it? One could pass laws against it, but the freedom of speech, even more than privacy, is fundamental to an open society; we seek not to restrict any speech at all. If many parties speak together in the same forum, each can speak to all the others and aggregate together knowledge about individuals and other parties. The power of electronic communications has enabled such group speech, and it will not go away merely because we might want it to.

Since we desire privacy, we must ensure that each party to a transaction have knowledge only of that which is directly necessary for that transaction. Since any information can be spoken of, we must ensure that we reveal as little as possible. In most cases personal identity is not salient. When I purchase a magazine at a store and hand cash to the clerk, there is no need to know who I am. When I ask my electronic mail provider to send and receive messages, my provider need not know to whom I am speaking or what I am saying or what others are saying to me; my provider only need know how to get the message there and how much I owe them in fees. When my identity is revealed by the underlying mechanism of the transaction, I have no privacy. I cannot here selectively reveal myself; I must always reveal myself.

Therefore, privacy in an open society requires anonymous transaction systems. Until now, cash has been the primary such system. An anonymous transaction system is not a secret transaction system. An anonymous system empowers individuals to reveal their identity when desired and only when desired; this is the essence of privacy.

Privacy in an open society also requires cryptography. If I say something, I want it heard only by those for whom I intend it. If the content of my speech is available to the world, I have no privacy. To encrypt is to indicate the desire for privacy, and to encrypt with weak cryptography is to indicate not too much desire for privacy. Furthermore, to reveal one's identity with assurance when the default is anonymity requires the cryptographic signature.

We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy out of their beneficence. It is to their advantage to speak of us, and we should expect that they will speak. To try to prevent their speech is to fight against the realities of information. Information does not just want to be free, it longs to be free. Information expands to fill the available storage space. Information is Rumor's younger, stronger cousin; Information is fleeter of foot, has more eyes, knows more, and understands less than Rumor.

We must defend our own privacy if we expect to have any. We must come together and create systems which allow anonymous transactions to take place. People have been defending their own privacy for centuries with whispers, darkness, envelopes, closed doors, secret handshakes, and couriers. The technologies of the past did not allow for strong privacy, but electronic technologies do.

We the Cypherpunks are dedicated to building anonymous systems. We are defending our privacy with cryptography, with anonymous mail forwarding systems, with digital signatures, and with electronic money.

Cypherpunks write code. We know that someone has to write software to defend privacy, and since we can't get privacy unless we all do, we're going to write it. We publish our code so that our fellow Cypherpunks may practice and play with it. Our code is free for all to use, worldwide. We don't much care if you don't approve of the software we write. We know that software can't be destroyed and that a widely dispersed system can't be shut down.

Cypherpunks deplore regulations on cryptography, for encryption is fundamentally a private act. The act of encryption, in fact, removes information from the public realm. Even laws against cryptography reach only so far as a nation's border and the arm of its violence. Cryptography will ineluctably spread over the whole globe, and with it the anonymous transactions systems that it makes possible.

For privacy to be widespread it must be part of a social contract. People must come and together deploy these systems for the common good. Privacy only extends so far as the cooperation of one's fellows in society. We the Cypherpunks seek your questions and your concerns and hope we may engage you so that we do not deceive ourselves. We will not, however, be moved out of our course because some may disagree with our goals.

The Cypherpunks are actively engaged in making the networks safer for privacy. Let us proceed together apace.

Onward.


glad you enjoyed it, I sure did

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Keet is very useful for video calls. Cool project. It is P2P, so no servers, which has three main implications:

1) increased censorship resistance
2) you expose your IP address to the person you are communicating with if you do not use a VPN
3) does not work great on mobile unless one of the people in the chat is also running Keet on their computer


Bitcoin provides hope to millions who need it and will provide hope to billions who do not realize they need it yet.

Every person in the world should have access to good money that is independent of corrupt governments and corporations, that does not require trust or permission to spend or save, that can be used privately, and that increases in purchasing power over time.

---------------------------------------------

Nigerians were told last October that the old notes were being replaced with new notes and they were encouraged to deposit any cash savings in the bank.

"They made us put all our money into our accounts, and now we can't access it. It's unbearable," says Osarenoma Kolawole, 40. She works in telesales, but has not been able to access her salary since getting paid last week.

"The last time I went to the shops, I had to buy eggs instead of fish - that really hurt me - not the food, but having to buy what I didn't want to, just because the banks won't let me get my money."

The Central Bank of Nigeria (CBN) said it redesigned the higher denomination notes - 200, 500 and 1,000 naira - to replace the dirty cash in circulation, to tackle inflation, curb counterfeiting and promote a cashless society.

https://www.bbc.com/news/world-africa-64626127