I *want* to pay $5 per year for Nostr usage.

I paid $5 to use Farcaster and am never opening that up again.

Hell, I’ll pay $12 per year for Nostr.


Only by being aware of the system can you fight against it.
nostr:note1r2va7j4v76jx3uy86jm2657jgkge25qpj4dwvveu5a7sqlk9wvaqxp4q0a


love this:

stating facts in several domains now can make you a persona non grata in the eye of the always-online wokies
nostr:note14llusc8tffmkgtt5y3dfffcrs7jtqlvxsvryc63an7dyf8cr7weshu5tc0


Thank you☺.

For most of my adult life, humanity’s broken monetary system has never made sense to me. It benefits the few at the expense of the many. It’s an itch that I can’t help scratching. It’s a wrong that I would like to help make right - in my own little way.

I find it strange that so many people accept the 2% “inflation 🎯“ without thinking of second order effects and the like.

It’s great to spend time with people here with similar concerns and the drive to make a change.

Good, sound, and just money for all! (Even the lizard people.)


BTC is like owning your own business... Manage risks, somewhat predictable cash flow, reinvest in yourself.
nostr:note1hkdwj0zjpsm6g5qtstw8magduteva7jj6keg089q86a8z5h9r9nqyw47sx


First principles thinking is hard and takes time. It's real work.

Visual substitutes and proxies of information are easy and take little to no time. It's fake work. It's meaningless trust in authority.
nostr:note1p0elr8svk0z92ph9l5xpy0p6zacntqlpvt7tquv4emz2wxd68z5qj2cke4


Our greatest strength is in devaluing what the current rulers can best defend. They have total power over fiat money, so the best move is to stop valuing it and value Bitcoin instead.


The audacity of an ad surveillance company and abusive monopolist teaching its users about morality...


If the noob can’t write down and secure 24 words….they should continue serving their masters.  Bitcoin is not for them.


nostr:npub1lrnvvs6z78s9yjqxxr38uyqkmn34lsaxznnqgd877j4z2qej3j5s09qnw5
nostr:note15efxjeuenhu60luel3j3zvx8jtpa7asszfjpvvr9chuaal32aqpqc3jkxq


This is so sad. I hope things get better for you.


It's time to weed out the state media and let the citizens decide what the stupid nonsense that the fattened functionaries and moralizing humidifiers from the green commie bubble blow into the world is actually worth to them. Why should a normal-thinking person waste their time with the same old green socialist propaganda that obviously protects special interests?

https://stacker.news/items/419011/r/halalmoney


😂😂😂 https://image.nostr.build/2603ce1956f4ceb41ff33970c14d912764e4a9ebfb031fa0735d16272575fcb4.jpg


I’ve heard this idea In #permaculture that its principles make gardening/agriculture easier over time, as you age, which is desirable and natural (relying more on perennials/improving the soil). And traditional agriculture makes things harder over time (relying on debt, degrading the soil, always requiring external inputs).
It seems very analogous to deflationary money #bitcoin compared to fiat money. Saving in one makes life simpler and easier over time, as it always appreciates, vs the other making life harder and more complicated over time, as you’re constantly struggling to outpace inflation.


👉 NOT YOUR KEY NOT YOUR COINS!!!
stack #sats  #studybitcoin #bitcoin
https://m.primal.net/HbKY.jpg


Our investment thesis is anchored in two core beliefs: firstly, the adoption of bitcoin will accelerate, reaching the untapped 99% of the global population yet to engage with this revolutionary asset in the coming decade. Secondly, widespread adoption will catalyze the development of innovative technologies designed to meet the diverse needs of a global user base.

https://ten31.vc/insights/investing-in-bitcoin


https://stacker.news/items/399437/r/halalmoney
https://nostrcheck.me/media/public/8f837ebc1ce02e64465ecd690452170e28036aeb1b9df92d1273ba3e97f2fb37.webp


https://stacker.news/items/419298/r/halalmoney

https://nostrcheck.me/media/public/4f2ba4ea113a1e99f528e2b1643a9786cf20118c858e1f92d9d72db4a11ddc47.webp


I had a similar thought: anti-body count. Thanks for responding.
nostr:note1nanxsex74p7av3u7cw9xszg7p2zz0gcs4ef4usu7s39kkaq2jlrqp9atte


🤡NBC
nostr:note1x8l9k6zcsjjt7zl2kje562g6nl5qn7z2hya339rsrkk9evls949sx84amt


True Bitcoiners love seeing a hash rate pump.
https://nostrcheck.me/media/public/1bffb090cc228cda30a84623e3af8776b45e9956e2c450f9f749908e940a87ee.webp


Amount of oxygen


If you aimlessly try to "learn" without a destination in mind, then you'll be all the more likely to take every little detour and hidden path along the trail that there is. It may feel productive since you're "learning" and acquiring new information, but in reality, it seems to be either a case of procrastination, excitement, fear, confusion, doubt -- any one of those, or all of them together -- that's pushing your end goal further down the trail. And if you keep wandering, you may never find it.

https://stacker.news/items/366973/r/halalmoney


Hashrate is the size of the heart


https://image.nostr.build/cf27cf9153e9372cc3ba1ee75534fb84c1564705d60b03e6929f05b0fc33550c.jpg
#meme #anarchy


Early evening. The light making up for a lot of earlier grey. Watching the river flow while birds head home. // 366skies
 https://status.z428.eu/bl-content/uploads/pages/e53585dbb2ca23018128e99707c423d2/byx14kzc3vhopo9d.jpg


#asknostr

If Bitcoin’s 10 minute block time can be likened to its heartbeat what’s a good analogy for its hash rate?


The establishment has worked very hard the past century to make the general population as stupid, misguided and physically unwell as possible (with great success).

This has made mainstream markets retarded since markets are the emergent will of all participants. This is a major bummer.

We’re starting over with #Bitcoin as a filtration system. Those who understand Bitcoin and build with it as a basis for their business are signaling “rational economic participant”.

Throw up the ₿ signal and I’ll see you, rational ones!


Getting closer to 700…
https://nostrcheck.me/media/public/78eefd32fff1ca1cda8eef1dda1681278298f69b6a9d15f2d90ca7d65b4ad14f.webp


Interestingly, SN is in a bit of a sweet spot for me.  Large enough to generate interactions on most posts you make, but small enough that you don't need to be hypercompetitive for attention.  In that sense, I think to me the definition of flourishing is:

People can post their genuine thoughts and expect a diverse range of genuine responses in return.

Communities that are too small fail that definition because you can't always expect a response, or diverse responses.  Larger communities can fail because they lack authenticity---people start having to optimize for likes and attention, rather than simply posting what they think.

https://stacker.news/items/418312/r/halalmoney


Sometimes the best thing you can do is make a customer service person's day better by being more polite and kind than they are.


#Bitcoin is the only asset getting more stable in a spiraling fiat world.

nostr:npub18p63njhaxftx3m8luk2h0umj8p3cmfx09kv9hqhext7gr5ea585qsc0k8k nostr:npub1xeejes6lu4scttcmzytq5wfad3e6rljpmhc3snqs89xz3jjavfasnuz3mx nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m https://image.nostr.build/95dcdd6e68eeeced8777b31dc6764635d38c5ddf4b76f5fdbd69884db4774d45.jpg


One man’s defiance ( buying into a Bitcoin ETF to diversify away from fiat world assets) is another’s compliance ( Bitcoin ETFs run on fiat rails ).
https://nostrcheck.me/media/public/7083938eabe62de791bf32ae98b095bef52c99e00c2daf6a9f6d48cb720212f8.webp


“What will happen to us Europeans? The changing spheres of power bring the central aspect of economics into focus: who controls the collateral of trade. It is really all about collateral, the rest is deduction of it. Fiat money and  government bonds based on it are being replaced by gold and energy equivalents in the BRIC countries. The age of commodities is dawning and Russia is the No. 1 producer of raw materials! All that remains for the Eurozone Europeans is a desperate attempt to keep their ''partners'' at the emptying negotiating table. But their lever, the ''net zero policy'', is losing credibility and traction as more and more people see through the naive scam.”


The end of the Petrodollar will redefine the principles of global trade and the USA will lose the opportunity to recycle Dollars in the world - a big deal if you  have the debt spiral in mind.

https://stacker.news/items/418477/r/halalmoney


🤣🤣🤣

https://nostrcheck.me/media/public/nostrcheck.me_4296510074382714991707488052.webp


The ram expels negativity from its mind


Everything is fine…

note1tl8cjp833gm7f9r80fl890w2yw4hmcq9k2v4yp3wyau6qs7tdfdq9gjv2c


H/T- nostr:npub1kwcatqynqmry9d78a8cpe7d882wu3vmrgcmhvdsayhwqjf7mp25qpqf3xx https://image.nostr.build/cdd5d197215bc2afa9d3becae549da10bec302472c0870d83404785504960238.jpg


We can keep the open border if we end the entire welfare state.
Not economically possible to have both.
Math.


😂 by the way, your reactions show up as some sort of book image. Is that a nostr quirk or do I need to read more books?


I hope it wasn’t along the lines of: “Angela, thanks for doing the Chancellor gig, report to Moscow for your de-briefing.”https://media.tenor.com/T7oGpFmn3_YAAAAC/popcorn-guy-relaxing.gif


I did not have Merkel is like Putin on my nostr bingo card.😂


Such strong hatred
In so shallow a mind

I can’t make this
No one’s problem

But, so help me God,
Let it not be mine.

https://nostrcheck.me/media/public/0a33670b8147e20f0f378d94e1f909951a0dd806e27ee29ef2779f0e60b021f8.webp


(Findings. A quiet awakening of the early years garden.)
 https://status.z428.eu/bl-content/uploads/pages/e986db790ccf3279973fdfba5a120f60/577-1024.jpg


The central banker is not my God
nostr:nevent1qqsr5uxvymnwsmx7hv8zd2l03m3pqc8lfr8mpeuq7t9dxw5gpy9adaqpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzyp3h5tca5hf0cxtkc98vqruw4eqpttlfnwe92nca2d7spp4pd8wc7qcyqqqqqqgsgl9xg


The monarch is not my king.

The politician is not my representative.

https://nostrcheck.me/media/public/cbce89ea421b46d8355ef28790fe1d1a678e449e262f1e7f15bba886d18ca495.webp


The divide right now is not between liberals and conservatives. The divide is between the rent-seekers and productive people.

https://stacker.news/items/417661/r/halalmoney


Conversing with a guy who had so much hate in his heart had me thinking how this is no way to live. Reminding me of a quote by Marcus Aurelius

“The best revenge is to not be like your enemy “


#Bitcoin runs of proof of work, which increases in power over time.

Fiat runs on proof of psy-op, which decreases in power over time.

Choose wisely… https://image.nostr.build/0ba7c45513c5712e03f22f0758b229d8d9aae48f719b9f4b4885f2513a2ad056.jpg


Thriving, flourishing, taking over the planet.

Never measure success in fiat. It's like measuring distance with elastic bands.

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


Sweet monkeys there are some statist replies in this thread… When the rubber hits the road people must decide whether they want shiny pet rocks or to fix the world even if that comes with risk.

https://stacker.news/items/416056/r/halalmoney?commentId=416992


Bat-winged skull head vs. little green crab with its claws stretched out to its front.


The fun part is when you get to combine different disciplines in ways nobody has ever thought of and create something nobody ever thought was possible.

Like Bitcoin.


I just noticed that people like to blame the West for their suffering, but also appeal to the West for deliverance from that same suffering.

Schizophrenic, unless you realize that they see themselves as mistreated dependents.


Country X turns into shitshow.

West doesn't intervene.
--> West is turning a blind eye to the suffering of others.
--> West is raciss and genocidal.
--> West has an obligation to former colonies.
--> West is probably at fault because history.
--> White man bad, everyone whine to him.

West does intervene.
--> West is playing world police.
--> West is raciss and genocidal.
--> West should have intervened differently.
--> West intervened for the wrong reasons.
--> White man bad, everyone whine to him.

When they tell you that they think you are superior beings, without telling you.


I think one underappreciated thing about decentralization is that you can build many different decentralized and centralized things on top (like SN). Users can then choose between many options with each option having its own set of trade-offs. They can pick what matches their needs the most. But you can't build something decentralized on top of something centralized.

https://stacker.news/items/417336/r/halalmoney?commentId=417566


"One of the hopeful thing that I have discovered" ~Julian Assange
https://video.nostr.build/19115f18a28d587fda4697ad7a95440d73c28bd9e73d5f444c37c7a68615e0d3.mp4


The future is not bleak however, even without covenants we can still scale bitcoin for the world, just not in the ideal way. At Mutiny, we are full steam ahead on implementing fedimint into the wallet, in my opinion (and the rest of the team's) it looks like the best current scaling solution for bitcoin. Fedimints give us the ability to dynamically share ownership over a group of utxos and is able to interop with lightning through gateways. It is the pinnacle of the scaling dream for bitcoin with current technology and I can't wait to help make it reality while we can.

https://stacker.news/items/379225/r/halalmoney


Crossing clients is the biggest selling point for me. Having a different experience when changing clients, but not losing out on who I follow is a huge advantage, compared to other social media alternatives.


When you are close
the purple ceiling breaks open
no, it no longer exists.
I see the sky above us
and we are here, abandoned
as if there were nothing,
nothing else in the world…

https://theitaliansong.com/songs/il-cielo-in-una-stanza/


My first post! Leaving all other social media behind from this moment.

#introductions


The definitions of "left" and "right" have already changed multiple times in history, even completely switching sides on issues and ideological content.
nostr:note1k9v943nnp9592jdt6p3aw2cwsnevlrx4z6ezklzz3fjsl3dfp9jq83am3u


GIF version. ......

https://i.nostr.build/75ne.gif


Always ask yourself: “What have I done today to end the Fed/ECB/[my local cabal of bankster crooks]?”


I see a large skulled alien glaring at the white creature at the top of his nose. The white creature is unaware of the alien’s displeasure as it is looking at the little green bodied, white headed man below.


“absolute control” - the stuff of nightmares


Why would anyone want to escape from the Euro’s slow and steady decline in purchasing power?
nostr:note1q7jmmp8lsjew5479ht3etc939tg5zadqs9cks9zewm49h7xreuwq29rk3z


What “many” and “other” economists missed, of course, is the primary role energy plays in determining the fate of an economy and the fundamental nature of how energy markets function. Economies awash in cheap hydrocarbons that are also running fiscal deficits rarely enter into recession. This is especially true for a large energy exporter like Russia that can benefit from elevated global prices while keeping input costs artificially low on the home front. Sanctions effectively allowed Putin to double-dip, harvesting excess profits from his country’s exports while padding the global competitiveness of Russia’s manufacturing base.

https://doomberg.substack.com/p/cogent-analysis


How can you tell the difference between an analyst and an advocate? It is all in the handling of data that runs counter to assertion. To an analyst, being wrong is disappointing, but it is primarily an opportunity to learn—an expected element in a feedback loop of continuous improvement. When knowledge is your only objective, there is no such thing as a bad fact, only one which you do not yet understand. Not so for the advocate. The advocate has tied their hopes (and often their livelihoods) to a specific outcome and feels compelled, whether consciously or not, to rationalize away or attack inconvenient realities.

https://doomberg.substack.com/p/cogent-analysis


😂
nostr:note190xxa270cpcu3htp98rklh0q26cxptch0vdapypxvg04dk0wh0rsp8wwhd


Surprising. Surely he knows that Gensler sees some merit in it.


There seem to be better options according to kycnot.me


Bitcoin is not going to replace all fiat currencies. The central banks can simply buy bitcoin themselves and add it to the balance sheet to make their currencies stronger . Instead of being backed by gold, it will be backed by bitcoin . There is too much power in having access to the money printer, they won’t give it up when they can simply adapt to btc instead. They already hodl gold. Now they will hodl btc too.


https://nostrcheck.me/media/public/58f357d213477383cf2060010ea2b08ea3ae372f2aee12163872d62634a43fdd.webp
nostr:note19hw366rvgx0lt50zmee9hsdkc2nt62u5yhk5l8pt450a649efnts0w3g84


I think governments use Elon to push boundaries on things normal public corporations cannot push forward on due to typical corporate governance and VC companies would be too small to scale meaningfully. He attracts stupid public capital because of his persona and doesn’t care enough about the rules to adhere to them. And the government gives him a pass because he is working their priorities…

He is CEO and chairman of all (??) of his companies. He does what “he” wants but all of his companies rely heavily on government subsidies for viability across all of them.

Also, in his early days, he tried to get CEO/board influence and he got told to GTFO by PayPal and others’ boards. SPACEx and Tesla was his big break for board influence…because he owned 100% of SpaceX and was the only VC money to bite on Tesla.

I wrote a paper in bschool on him … pretty fascinating doing the diligence on HIM as a person…he is not very likeable nor considerate of others and early on those who had power over him didn’t entrust him with power. Also, he hasn’t been particularly successful in delivering any sort of sustained operational success (again, without insane, continued subsidies from governments).

Hard pass for me … he’s a hype master … very fiat.

cc: nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m


https://image.nostr.build/4b68749c9a29bde72eee772fe714ab4fe0180879cbacb230413abc93f5fdd0ad.jpg
#bitcoin #plebchain #grownostr #zapathon


All of this brings into light, how different generations view the world wildly differently, causing potential conflict. Boomers value slaving to the system to afford their time shares and Red Lobster, where Millennials value skipping work to go get Avocado toast with their buddies at their favorite brunch place.

https://www.bugle.news/solana-described-as-millennial-chain-due-to-it-taking-excessive-sick-days/


Alternate take : The Chinese government has done what Western nations have refused to do and staged a managed collapse of their real estate bubble.
It's a good thing that Evergrande has gone into bankruptcy and allowed to fail.
China will be absolutely fine.

https://stacker.news/items/414885/r/halalmoney?commentId=414896


a lot of capital has been destroyed by centralized control in China. and i cannot imagine that the immense demographic distortions will not turn into deflationary pressure scenarios. china is also part of the fiat system

https://stacker.news/items/414885/r/halalmoney?commentId=414937


China operates under a system of industrial capitalism and not financial capitalism as in the West, which is why China allowed (and prompted) its RE bubble to burst; financial bubbles hurt a productive industrial base.

Consequently 'the capital market speaking differently' is probably a good sign of health for China and that it's doing the right thing. Work is rewarded in China, not speculation (ok, some speculation is rewarded too). Western markets (heavily) favour speculation, not work.

https://stacker.news/items/414885/r/halalmoney?commentId=414929


A p2p exchange


I wonder what would happen if the major exchanges all delisted Bitcoin at the same time?
https://nostrcheck.me/media/public/6e1ae509aee836e05451eec2f441694109834a1ffe45c194d87df62e30132c86.webp


"Biden vs Trump is the American election. Bitcoin vs dollar is the internet election. Which is truly more important? The election doesn’t matter as much if they lose the printer. Just one or two more orders of magnitude, and that will be clear."

Forbes

https://nostrcheck.me/media/public/0b744e248d4725da88c1685eaec0fc286b215641b2024e84973a623efd1e08b6.webp


I want to keep what I earned.


To starve the beast.


Because I like a rebellion.


I want to live in a world where everyone only has to work once for money - rather than once to acquire some currency and then again to hedge against inflation.


It's been easier to convince people to hand over half their income, their children to war, and their freedoms in perpetuity - than to engage them in seriously considering how roads might function in the absence of taxation.


I’ve always loved nostr:npub1sn0wdenkukak0d9dfczzeacvhkrgz92ak56egt7vdgzn8pv2wfqqhrjdv9 beautifully said. https://image.nostr.build/7bd6dce6677d897136a5a6052a17ea0e2275694d11641512a4c0100469ece027.jpg


Yes but also no:

note16hgu57uh3343jm65lhe2trhaqws2a28wux0qxf6xl5jmv9g5dd8q5gg4eq


Back in 2005, while cypherpunks were grinding their way into Bitcoin, I was deep into an idea we called "Sovereign Computing": a set of freedoms that would re-create the web with the user, and not corporations, at the center of it. It was initially proposed by Klaus Wuestefeld, one of the senior engineers who shaped most of my early career. The apps we made are mostly gone (turns out CVS wasn't the future of version control), but most of those freedoms still hold quite well.

http://sneer.me/resources/imgs/traditionalNetwork.jpg

At the time, everything was deeply tied to ISPs, DNS, and several middle-layer providers that limited your expressiveness on the web by charging for everything. IRC was coming to the end of its downfall. We were slowly becoming slaves of big tech.

Klaus wrote a manifesto that lured people into developing several little projects that could decentralize everything. Many of them were P2P mesh networks where users could talk to each other directly (without servers) and even re-share their own internet connection with their trusted peers. It was a big f*** you to people that thought they could control us.

Free Software users or not, they were no more than subjects conforming to the arbitrary laws dictated by a handful of Internet `authorities`. People got fed up with that monkey business. They decided they would be free to share information and hardware resources with their friends at their own pleasure.

This is how the manifesto went:

Freedom 1 - Own Name

It is the freedom to choose any name for oneself. The format of the chosen name is not limited in any way, even in the case of homonyms, and there is the possibility to change the chosen name at will.

Freedom 2 - Nicknames

It is the freedom to choose any name to refer to others. This freedom is not limited to persons, but applies to anything accessible in the virtual world. This freedom is based on the notion that absolute addressing schemes imply in the abdication of one's freedom in favor of some central authority. According to this, the alternative would be relative addressing schemes centered on each person.

Freedom 3 - Trust

It is the freedom to trust anyone one wishes. It is the possibility to assign a degree of trustworthiness to any person, possibly depending on the subject (for example, one's opinion on music could be highly trusted, but not on cars or economy). Also, the degree of someone's trustworthiness would depend on the relative distance to other persons (for example, one would trust more one's friend than one's friend's friend).

Freedom 4 - Privacy

This freedom has two aspects: the freedom to see only what one wants, and the freedom to keep information inaccessible to untrusted people. One application of the first aspect would be avoiding spam by only accepting messages from people above a certain degree of trustworthiness.

Freedom 5 - Expression

It is the freedom to express oneself. It is not only the freedom to expose one's thoughts but also the freedom to make syntheses of information provided by other people.

Freedom 6 - Hardware

This is the freedom to share hardware resources. This is based on the assumption that most hardware resources are underused, especially among domestic users. By federating the resources of a large number of people, it would be possible to decrease the dependency on internet providers and internet hosts.

Freedom 7 - Software

It is the freedom to share all software one uses. It is based on free software that is spread through trust networks across the globe. There is no need for a single, centralized distribution point.

http://sneer.me/resources/imgs/sovereignNetwork.png

---

It's bizarre to see how many of those early thoughts can be seen now in Nostr.  Maybe one day we will fully free ourselves from the web's overlords.


“They’re cutting costs, they’re tipping less, they’re trying to spend less eating out … living with parents … they’re not acting like the economy is as good as it is,” Beschloss said.

🤡

https://www.cnbc.com/2024/02/06/gen-z-millennials-are-grappling-with-high-cost-of-living.html


After adapting to life in the sea, the lion stared into the shark’s soul and said, “Now I am the king of the sea.”


A summary of government operations:

over promise on benefits, obfuscate on costs, under deliver, shift blame, repeat.

https://stacker.news/items/414406/r/halalmoney


Thank you. DVA is a new acronym for me. Much to learn!


The crash on the Chinese stock market seems unstoppable. The first voices are now also being heard from academic circles calling for trillion-euro programmes to stabilize the markets, even after the immense interventions by the Communist Party. It is becoming increasingly clear at this point that the ''controlled'' Chinese economic model is causing considerable misallocations, which the market is trying to clear out of the way in this way. it will be interesting to see how the communists in China will tackle this problem.

https://stacker.news/items/414152/r/halalmoney


All fiat currencies are designed to go to zero. https://image.nostr.build/a860bb62e031cd5a6c82a5d6550bf8b3c7c11d2cec9842f582c36510195b2355.jpg


So once Bitcoin is compelling to someone new to it, should he acquire via DCA or lump sum investing or a bit of both?

note1extrtaf7wxk3q7fuf33ckwx2fnn00gurt8pwt2d4u57c8m830zhsg6puxd


They tell us not to worry about the debt, that another massive spending bill will "fix inflation," and that "we owe it to ourselves."

These are all just stupid ways to pretend we aren't flying this plane into a mountain, because that would be upsetting to admit...

https://v.nostr.build/9v3Q.mp4


Bitcoin’s risk adjusted value is actually better than a decade ago. Yes, you could have bought cheap Bitcoin. But its success back then was very improbable. Now you are buying the asset of the parallel financial system, back then, it was a membership card in a club of geeks.
nostr:note1sd2jn2s2pltpku7fxzwwcnsduz65xa3eeude92lqw0pfad0w90ts4exdsa


Bitcoiners used to be a label you could apply to anyone that cared about, well anything related to Bitcoin. At some point the success of the project means the number of people and areas of focus are hard to put all into a single bucket. Developers, politicians, product designers, miners, investors, activists…


The date you deleted Twitter may be more important than the date you joined NOSTR.

nostr:note164styn2a3h5rqqak83n97kw3lpdz90t5repzrs4l9l8n80s2eaaqkx68e4


Yes.

Record-keeping is an important human endeavor. The more reliable and complete a set of records are, the more valuable they are.

Bitcoin is a system in which something valuable (energy) is exchanged for something else valuable (nearly immutable record keeping). The medium of this exchange is a token called “bitcoins” which happens to also be the scarcest, most secure, and most portable form of money ever discovered.

Because of these desirable aspects, this token (which can natively be used to purchase immutable record keeping) also becomes an emergent form of general money.


Great insight, and yet another reason to not trust, but always verify.

Scammers are crafty.


Turns out he downloaded a scam wallet (sparrow mobile) while trying to set up a "watch only" wallet.  It asked for the wallet descriptor which is essentially everything a new wallet needs to spend UTXO's from the old wallet. So it was not a "watch only" wallet at all.

A fairly advanced scam which relies on:

1) The user not knowing there is no Sparrow mobile wallet

2) The user not knowing what wallet descriptors are

Always verify your downloads. In this case the user could have noticed the scam by not finding the mobile release on Craig Raw's trusted release listings while trying to verify with PGP.


Bitcoin is no exception to Mises regression theory, that argues good money requires a base utility purpose, it requires a commodity use.

But Bitcoin IS a commodity.

Bitcoins are the only material that the Bitcoin network accepts to publish data on the timechain. It is first a substance that is used to log entries on that database, and secondarily, but more commonly used as money.

Mises dudes can't see that.


#quote #kafka #literature
2024: The 100th anniversary of Franz Kafka‘s death https://image.nostr.build/572937c2c40b4c21e1bac245fa746ed87df1bea5e79957f5469695f5ec8b4875.jpg


"While Big Tech sites like Spotify claim they’re “democratizing” culture, they instead demand artists engage in double the labor to make a fraction of what they would have made under the old model. That labor amounts to constant self-promotion in the form of cheap trend-following, ever-changing posting strategies, and the nagging feeling that what you are really doing with your time is marketing, not art. Under the tyranny of algorithmic media distribution, artists, authors — anyone whose work concerns itself with what it means to be human — now have to be entrepreneurs, too."

https://www.vox.com/culture/2024/2/1/24056883/tiktok-self-promotion-artist-career-how-to-build-following


The trend is your friend.
Stefan Smith via Linkedin.

Study #bitcoin 🧡 https://image.nostr.build/e31cf3c6d40079c5c07c4460ea3c4e968ddb7436fa533f77076d806d8c7a4b7a.jpg


Smart move. I did this back when I was a poor resident. Now that worry free sum is worth about double my entire working career up to this point. And it wont be long before than worry free sum is worth more than a doctor could make in a lifetime.


https://void.cat/nostr/fc8450ef9d9d616e888654e26808299b3bd1d65ab3c9e89c5593a592542e0db5.jpg
In 1873 Monet produced another revolutionary painting: 'The Poppies'.
A sublime work that captures the light of a summer day in Argenteuil, where he moved with his family and where he devoted himself to another of his passions: gardening.

#art


https://image.nostr.build/524928ebf26a240ab6bc33521badb900a7b3c977d4437549e09efcd803e22d93.jpg

#meme #memestr #nostrmemes #memes 828,886 🤙💜


The perfect way to ruin childhood memories of pac-man doesn’t exi…


Bitcoin is taking value from all lesser stores of value. https://image.nostr.build/193758a5d1f152cba1aeb45a2184dbcd1bfb713e4bb3d378adb4ee2db4d0dade.jpg


Close up of a black leopard viper hybrid


“Bitcoin is a constantly evolving adversarial environment: node operators should be aware that they should not just "set it and forget it" if they want to retain a strong security posture. Running a node to validate your funds against the rules of the network is the path to financial sovereignty, but it also means that you're taking on the same responsibilities as a server administrator!”


TIR:

it's a fundamental aspect of Bitcoin's security model that node software does NOT automatically update. Auto-updates would create a single point of failure that could cause a malicious update to quickly spread to a supermajority of nodes on the network. As such, manual action must be taken by node operators to keep their node software up to date. This creates a point of friction and means that node operators must maintain some awareness of project development.


Funny how believers in top-down central planning believe their own consciousness is a bottom up phenomenon 🙃.


The same is happening in Europe. #wef #greatreset #socialism
https://image.nostr.build/e79873b92eb53b0c6d7201f7f658312eccb8f2536b3fc63b7f5c3aab45498a35.jpg#m=image%2Fjpeg&dim=973x702&blurhash=rhJal%7D.8RjR%2BRkR-oLoft7_4W%3BV%40ogs%3Bofj%5BRkRkkrRORiR%2BRkWBWVWBWCIpROj%3FofozogoLoJj%5BRPRjxvj%5Dj%3Foej%5BflaxM%7BofozM%7BRiWAaykCoL&x=115dc3e4c4ef86c3263bb0c37033825979e61d84bdb39a19d1c87fc1c424c064


Bitcoin doesnt scale by price. Bitcoin scales by Bitcoiners.


For context re: Craig Wright and Calvin Ayre and why there should be no mercy.

My life changed completely on March 29th, 2019. Almost five years ago now.

I had made several tweets, warning people about Craig Wright, and making my opinion about him clear. A matter of very public interest.

I was sent a legal letter on twitter DM, where it was made clear that I either had to apologize and acknowledge Craig as Satoshi, or they would file a libel case against me in UK.

When I didn't comply, Craig and Calvin put a public $5000 bounty on my identity and then firmly doxxed me after finding out who I was.

They proceeded to put private intelligence surveillance on me, that have tried to gain access to my social circle, both online and physically. Presence in 100s of groups. Monitoring my house. Producing regular, detailed reports on all my activity. Travelled where I travelled and so on. And god knows what else. This is still going on today.

I have been continuosly smeared and lied about on social media and in Coingeek, the publication owned by Calvin.

Threatened directly/personally with bankruptcy and worse by Calvin and his followers on twitter, with my real name, on countless occasions.

Anonymous phone calls with indirect threats.

My dad was fighting against cancer when this all started. I was dealing with constant legal pressure and threats throughout his fight. When he finally died late 2020, the legal pressure was at a peak and my funding situation was uncertain.

I've had to give up tons of private communication in discovery, to prove I had not been behind "an organized and vicious campaign against Craig."

I've had to turn down professional opportunities, since a good percentage of my bandwidth has been continuously occupied with defending myself legally. The amount of legal letters, hearings, appeals, judgments etc are beyond belief.

I've lived since 2019, with the constant knowledge that my house and belongings are on the line, and Craig's stated goal of bankrupting his enemies would be reality if I lost.

All the while I've tried to, and largely managed, to shield my child and family as well as possible, but I know all of this has put stress on them as well.

No mercy for these people.
Only Welcome to Law.


There are few things more dangerous than technocrats with too much power.
nostr:note1244xyeqjeysrnxwqff960r3a7wlgsndrvdd5fg004jfz9q7tfzaskl8uuh


“The policy of zero interest gave rise to bloated companies, absurd financialization, DEI, ESG, and an entire overclass of wildly high-paid credentialed elites who do nothing but the devil’s work.”

“The mix of politics and monetary policy is utterly toxic. And if this year proceeds like it appears to be mapped, we are about to find out just how nefarious this mix is.”


"You know, society becomes so timid, to really avoid any kind of questioning or argument.

https://news.sky.com/story/exiled-chinese-artist-ai-weiwei-censorship-in-the-west-is-exactly-the-same-as-maos-china-13063751


Dust attack?!

note138dxguyq6j2mnd0rhyuaf0c3lyqvchj2mpwsrrwza2tpzkv3688q7crl86


I’ll be happy even if Bitcoin modestly outperforms real estate and passive stock market index investing over the next decade. Anything beyond that would be nice though.
https://nostrcheck.me/media/public/1bffb090cc228cda30a84623e3af8776b45e9956e2c450f9f749908e940a87ee.webp


Nostr doesn’t forgive typos, God does.🫡


Exactly, and I think that a well designed and implemented client can mitigate most privacy concerns of nostr.

Just like Wasabi has successfully fixed Bitcoin privacy without a hardfork.


Leaving my small rambled thoughts on this since I am seeing this discussion everywhere:

When making a censorship-resistant public network or service the primary objective comes with the relays distributing events with the furthest outreach and as fast as it can to make censorship near-impossible. #Nostr systematically doesn't really care about privacy, and why should it? That's not always the goal...

The entire Nostr ecosystem is designed to be transparent. If you want a communication method that's opaque then you would use a private messenger instead. Using Tor or a VPN should be a given for risky people. The relays are a valid concern but even if the Nostr network or client had proxying then you are just moving the goal posts and trusting that proxy instead. Onion routing by default could help but then it becomes a scalability problem of relays vs. proxies. I really don't know how you could make a system designed for extremely public, far reaching, permanent posting private that also has a scaling as large as Nostr does.

I'm not saying clients shouldn't discuss these privacy caveats though. They should. Especially since not just relays, but other users could see IPs due to all media being hosted remotely. Events on Nostr are also all tied to a persistent, cryptographic pseudonym at the minimum.

We know realistically you can't erase posts. Erasing your own posts can be loosely defined as self-censorship, so why would you have the ability to do so easily on a censorship resistant network? Privacy isn't the objective of a public social network anyone can read. Do you expect #privacy on Twitter, a site where Internet Archive scrapes individual tweets all the time, Bing saving caches of tweets in the search results deleted or not, and where you can do advanced, fine grained searches on tweets with advanced parameters on the platform itself? Why should people expect Nostr to be private when people use it like Twitter?

For those who understand Nostr, that's fine, but there is unfortunately a portion who don't. Is there an issue with people adopting services and technologies without assessing them? I think so sometimes. Being into #Bitcoin doesn't always mean aptitude in technology (and that's fine!) but I guess I stopped being surprised that people are surprised.

Going back to the beginning, Nostr like Bitcoin is more transparent than private and has the goal of censorship resistance, not privacy and you need to use your own setup. Nostr's only objective is distributing media, privacy features is the job of apps integrating Nostr and the users of the apps and the network.

Feel free to discuss this with me. Would like to hear your thoughts.


How it started: Bitcoiners are going to get rekt.

How it’s going:
https://nostrcheck.me/media/public/3696e6ce0cd7baaa7b8e337834f352498d65f406e2e63bb42680e2287a27c7d9.webp


“I’m allocating a worry free weighting to it”
nostr:note1p8t0p3k7m9jp6c40vr8x02ek294968vw8439uw2llgq5mk7anhxqdncf4n


Bitcoin already deserves 99% of the global energy even today, that's how you starve bankers’ wars, and gov fiat money printing.
nostr:note1ce653vd5eg6u4zkp8e5uf95rcakkjln38ydkqltffds5sfjxx4dsjkuk9s


☀🌊✨ https://image.nostr.build/692355fcca4e3ab903e8fc9f7ce521543da14b9d9c3934505cfd84e52e8edf4d.jpg


To Bitcoin or not to Bitcoin? That is the question.

note1ag4ql8yugtnwvkhu75h073aq68gy5rj8dhm5djjrc064yh9vk5askf2dts


In frustration the fish said, “I don’t have arms but if I do 100 push-ups with these fins will you please stop talking about 100 a day until 100k?”

“Agreed!” said the two antenna adorned turtles.


lmao nostr:note1nnx06decpf3r84xzq8gz2z265f55wj6mykmfww6zfrjd9lusvw4qmhgqus


Why do we have a nation? Why fund a government and institutions? At the core, I believe, is the desire for our children to have access to a better life than we had. Isn’t that the whole shooting match? And we’re failing. Despite historic prosperity over the past several decades, we’ve registered less progress. We have produced the most anxious, depressed generation of young adults in our history. They must navigate algorithms and platforms that assault their self-esteem only to then face the rejection and debt higher ed levies on them.

https://www.profgalloway.com/rot/


build my first #bitaxe ultra 204 board!
#lotterymining #solomining

about 430 GH/s at 11 Watt!
asic settings: 485 MHz and 1200 mV

https://i.nostr.build/qA6g.jpg

had to solder about 20 smd components
it wasnt too easy i can tell you

https://github.com/skot/bitaxe


Instead of a film about the Big Short, there could be a film called the Big Long where Bitcoiners go long Bitcoin and finish off the banks.

https://yakihonne.com/article/naddr1qq2nj53nwdrkujj42at4g32h2q6kxajdvd9xyq3qzsyt45zfh2u28zuhvp66lljp8s6jrwlw7ckvfn34255e7jt37t9qxpqqqp65wh5q06l


I'm one follower away from getting 100 total followers. 👀
The next person that follows me gets 100 sats! ⚡


YouTube unskippable 15 second ads usually command a CPM of $20. So if the video inventory is good with high levels of video completion and engagement as you mention then you could demand at least $50 I’d say.

https://stacker.news/items/410358/r/halalmoney


The state makes its own rules, breaks the rules and never pays for its crimes.

https://stacker.news/items/410786/r/halalmoney


The science of why you have great ideas in the shower
When you’re in the shower “you don’t have a lot to do, you can’t see much, and there’s white noise,” notes John Kounios, a cognitive neuroscientist and director of the Creativity Research Lab at Drexel University in Philadelphia. “Your brain thinks in a more chaotic fashion. Your executive processes diminish and associative processes amp up. Ideas bounce around, and different thoughts can collide and connect.”

https://stacker.news/items/410311/r/halalmoney?commentId=410356


…the hopeful future is that the US  realizes the folly of banning mining and the destruction of "regulating" it. It is incredibly insulting to believe the State has any right to say how one uses electricity one pays for.

https://stacker.news/items/410691/r/halalmoney?commentId=410718


We have godlike emotions
Fiat institutions
And complicated toys nostr:note1dr0ng0teuz9yssl0wsu3m74c3jer3znq9wq853uercknthyt7yrsdcu7g8


If you curate your nostr feed so that it is mostly “clean” and “decent” then you can practically demonstrate to your child how to use social media in a manner which broadly aligns with your moral boundaries.

Our children pay attention to what we do not what we say.

I use Nostur, I avoid “global” and I find interesting new follows from existing follows.

Utilise the “web of trust”, spend time with your kids and good things will happen.


FREEDOM TECH IS HOPE 🫡

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


Thank goodness for tools like futurebit. I know it doesn't make a huge dent, but it at least makes mining accessible to people like me.


A 23x increase? This cycle? That seems too much, too soon but let’s see what happens.


If I can bring a smile to a fellow Nostrich then that is a good day.

https://media.tenor.com/7KYOymEqOs0AAAAC/starship-troopers-doing-my-part.gif


The horse realised that two black and yellow mangled pom poms did not make for the best of disguises.


This reminds me of when I talk to my lady about Bitcoin. She listens attentively but after a couple of minutes: “Ok. That’s enough.”

😂🥰


#Bitcoin miners have located their facilities "On sites that can make use of very low-cost or stranded energy sources, including adjacent to natural gas wells that have waste methane that would otherwise need to be flared.” — EIA https://i.nostr.build/Kzvl.jpg  nostr:note19guezl07vec9cey65v0asjz6a9ztd9pn4dk6k8x9x2eyx8ju7zdqujfn72


Wen 700?

https://nostrcheck.me/media/public/86440d291be0bd9c80cff4c26b5bbcaf4a567e972ae804201aaba524f3545db2.webp


But the difference between an earnest, openminded person and a dangerous fanatic is the willingness to suffer doubt, to face the anxiety that arises when others have different, even what we deem counterproductive or abhorrent, views. That doesn’t mean anyone likes it — tolerant people are invested in their beliefs too — but the threat to his worldview by competing ones is a discomfort to be borne by him, not a scourge by which to be offended and marked for eradication.

Tolerance, then, is literally a kind of emotional pain tolerance — the capacity to suffer through the prospect of doubt rather than stamping it out at all costs. And discomfort notwithstanding, an encounter with a dissident view is also an opportunity to ask oneself an important question, perhaps the most important if one wants to adapt and survive in the real world rather than simply optimize for emotional comfort: What if I’m wrong?
nostr:note1pgqv30x9rndsxcdfsvec9r3kwvqd2uvu49n2kqwlvygeeu650gssnvvh3u


nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl

This is an amazing painting to see IRL.

https://www.tate.org.uk/art/artworks/frampton-portrait-of-a-young-woman-n04820


Me: *pretends to be up to speed with Van Gogh and Klimt*


“Parliamentary approval for additional resources of £2.6bn will be sought in a supplementary estimate for Home Office. Pending that approval, urgent expenditure estimated at £2.6bn will be met by repayable cash advances from the contingencies fund.”

https://apple.news/A4x2FTyuYTE2SZPgoOxOj6A


the bank NYCB announced that it is in trouble, the stock dropped 50%.  The Fed was not prepared for this happening on the same day as their FOMC meeting.  They already had their speech prepared, and their paper ready to release.  When they released the paper, they crossed out the words:  “The U.S. banking system is sound and resilient.”   They didn’t have time to fully revise their statement, so they just crossed this part out completely.  They also seem to have told reporters to not ask anything about NYCB’s impending failure.  The Fed learned about it only hours before their meeting, and did not have time to reevaluate.  So they pretended that everything’s fine, and they pretended that there is no stress in the banking sector currently.  Even though, there clearly is.

https://stacker.news/items/409551/r/halalmoney


“Whish” - correct to wish?


HODL #Bitcoin
https://m.primal.net/HaJN.jpg


One of the main motivations for the development of mercury layer (from the original mercury statechains) is the fact that the operator is blinded: they don't and cannot know anything about the coins (or even if they are coins) - it just stores key shares and updates them in accordance with the protocol.
This does put the operator in a very good legal position as opposed to say, a custodian. But ultimately there is nothing stopping a government from doing whatever they want - and could make such a thing illegal (but IMO this would be like making cloud providers and KMS illegal).
But crucially, even if the operator gets shut down, all owners get their coins after a timelock with the backup transaction.

https://stacker.news/items/408927/r/halalmoney?commentId=409013


they build it to break it for bailouts. they make money on the raw deals, then they buy up the companies they ruin, then they are too big to fail and the govt gives them more money. pretty cool business model.

https://stacker.news/items/409415/r/halalmoney


Government representatives and fiat bankers are violent criminals.

Everyday I remove more of my energy from their illegitimate systems and into honest, voluntary Networks.

“It ain’t much, ₿ut it’s honest work.”
#PoW #Bitcoin #Nostr https://image.nostr.build/a0ad9df4787e044e80212cab79e2bbc905b221c733412c9f382dd234c507223b.jpg


The really sad thing about constant currency devaluation throughout the world is that it benefits those who have the most access to cheap credit at the expense of those who do not.

…Weak money financializes everything else.
nostr:note1fw48hxsl39zwvq4avmgue9eu7jgarxty4zdzu36w692ns6elrtkqmufx3k


Most people don't want to watch a woman discuss Plato, wool plaid patterns, or how to remove IP addresses from communication chains.

But for those 20 people who do:
There's now an npub for that.
https://image.nostr.build/3193b0d3e7622c0caf2e54df73e10f7874c20ba2c858221c7d38a1aadb56e14f.gif#m=image%2Fgif&dim=220x220&blurhash=UDF68%7CD%2500%7EqD%25M%7Bj%5Bxu00%3Fb%25MIU%3FbD%25IUt7&x=bdaa8486d9c35994c3d53af4bafa221f1d6cdea8a8d563921edfeab54cf14d67


The thing that most people in #bitcoin fail to understand is that most normies do understand decentralisation and are utterly terrified of it. Hate it.

Most normies will prefer govt centralisation racquets for as long as humanly possible and will only come over to decentralised coordination when mass group psychosis directs them too.

So bitcoiners are utterly right in general but wildly wrong about adoption timeframes.

And these normies in the middle of the bell curve will get the price they deserve. Which will actually never be a price of bitcoin as their life will remain denominated in digital fiat currencies pegged to #bitcoin. But their daily lives will never be referenced or denominated in bitcoin. It will be as if bitcoin never existed even though it's fundamentally underpinning all commerce. Normies won't know. nostr:note1ukg33medy730rsphvh8gkv8x0p54qqxk90gnnq306vzytvrgdx7skdzfpa


Wealth in real estate can so easily pivot from skin in the fiat game to having one’s neck on the line.

I hope humanity achieves escape velocity from this.


https://m.primal.net/HaJK.png
#meme #memestr


In January, 642 people scanned the QR codes on the #bitcoin stickers you put in public! Each QR code links to an educational page about Bitcoin.

Here are the most popular stickers:

STUDY BITCOIN — 169 scans
GOT INFLATION? — 145 scans
BITCOIN DOESN'T HAVE INFLATION (BLACK) — 88 scans
CURE INFLATION V2 — 80 scans
FIX THE MONEY, FIX THE WORLD — 62 scans
BITCOIN DOESN'T HAVE INFLATION (ORANGE) — 58 scans
WHAT IF YOUR MONEY DIDN'T HAVE INFLATION? — 27 scans
CURE INFLATION V1 — 13 scans

These scans are a direct result of your efforts to put these stickers in places people will see them. Keep sending me photos of your sticker spots and I'll keep zapping you!

Need stickers? Get a free pack or print your own here:  https://bitcoin.rocks/stickers


https://image.nostr.build/f749fb42a60ac0ad694ddc0e5b5027a271e1ce301d57e76e025afa62d2442bd8.jpg

#meme #memestr #nostrmemes #memes 828,408 🤙💜


Refreshing rant from nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
"Some whorehouse like Harvard or Yale or Princeton..." 😂
Full interview here: https://t.co/Vy4eekR7tG
#Bitcoin

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


Irresponsibly long on Bitcoin! 😂


Whether you hedge against inflation via real estate or the stock market, you remain a sitting duck when the government imposes an “emergency and temporary” tax on these asset classes.

Discreetly acquired and discreetly spent Bitcoin for the practical and ethical win.
https://nostrcheck.me/media/public/ec1f17ab89b830652f3ab70e33df75752711416def04197e60edeba8fff9bd88.webp


nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl is a treasure 🫶🏼 I just wanted to say that.  Her conversations always entertain me, really every day! Thanks for that 🫂


Welcome!


Nostr ecash UX is getting insanely slick and we haven't even written a single NIP yet.

- Someone sendt me ecash via nostr DM from their eNuts wallet
- I see a beautifully rendered modal in Amethyst instead of the ugly Cashu string
- I press the "open with" button on the Amethyst modal and automatically my Cashu wallets pop up, I choose Minibits today
- I press receive and it's done

The number of tools working so well together still boggles my mind.


“When the effort we invest in our work consistently fails to keep pace with the escalating costs of living, it inevitably leads to a pervasive sense of quiet despair.”

Another source of despair is knowing that one has become wealthy at the expense of others less willing and able to play the zero-sum fiat game.
nostr:note130p279xqy3malq64xtgn2vg3zpxdh0w8xq30lz8gk2rzgj2rwhvq6r4pjs


This would be a funny comment to add under the EU’s X account!


nostr:npub1clfjjuhrnr2dyrxknvdgg5v4dnq55t5svkk34r76rpwzqf5cjdas7rk28k 🧡 on #bitcoin https://image.nostr.build/5f15d7816d2ae16d51e74086ccebf24e6dc9d98e81b82fbda0f905acec40f084.jpg


A blue eyed, blue lipped and white bodied fish biting down on a hippo’s head.


This is so powerful coming from Yellen herself 😄
https://m.primal.net/HaAC.mp4


Get a job at a central bank and you can be a comedian without any of the pressure.

https://stacker.news/items/408520/r/halalmoney?commentId=408635


We are introducing a new charge for public IPv4 addresses. Effective February 1, 2024 there will be a charge of $0.005 per IP per hour for all public IPv4 addresses, whether attached to a service or not (there is already a charge for public IPv4 addresses you allocate in your account but don’t attach to an EC2 instance).

Public IPv4 Charge

As you may know, IPv4 addresses are an increasingly scarce resource and the cost to acquire a single public IPv4 address has risen more than 300% over the past 5 years. This change reflects our own costs and is also intended to encourage you to be a bit more frugal with your use of public IPv4 addresses and to think about accelerating your adoption of IPv6 as a modernization and conservation measure.

https://aws.amazon.com/blogs/aws/new-aws-public-ipv4-address-charge-public-ip-insights/


The broader lesson is that inevitability was never more than a framing device. The arguments for developing human cloning on the merits — not stem cell research, but full-replica human beings — were never particularly compelling. Inevitability serves as a rhetorical dodge, an attempt to change the temporal register of the argument from “if” to “when.”

Once we discard the heroic scientist model and the myth of tech inevitability, the course of technological and scientific advancement looks less like a railroad track and more like foliage. It has roots and branches that extend in the direction of the resources that feed it.

https://davekarpf.substack.com/p/the-myth-of-technological-inevitability


programmable money is fun*

*excludes CBDCs
nostr:note1d6ltqvv9rktp4dsm42m0g2nuywfw3p9zayr37arth8q9kuv958sq55m7wg


Damus Purple 🟣 is now available in TestFlight build 8! I made a video for everything you need to know 👀

https://cdn.jb55.com/s/damus-purple.mp4


Central bankers still love gold….
—
Thought bubble: In a world where U.S. hegemony can no longer be assured, it makes sense for central banks to diversify away from the dollar, which has historically made up the bulk of their reserves. Gold is a natural beneficiary of that move.

The bottom line: Central banks seem much more keen on positioning themselves for a potential future crisis than private-sector investors are.

https://www.axios.com/2024/01/31/central-banks-buy-gold


Nightshade seeks to “poison” generative AI image models by altering artworks posted to the web, or “shading” them on a pixel level, so that they appear to a machine learning (ML) algorithm to contain entirely different content — a purse instead of a cow, let’s say. Trained on a few “shaded” images scraped from the web, an AI algorithm can begin to generate erroneous imagery from what a user prompts or asks.

https://venturebeat.com/ai/ai-poisoning-tool-nightshade-received-250000-downloads-in-5-days-beyond-anything-we-imagined/


Bitcoin will do more for the global south than the IMF / World Bank ever could.


GM #nostr! Today the Damus team is celebrating one year on the App Store! We are so excited that you're here, having fun while supporting freedom! Our dear friend l nostr:npub1lelkh3hhxw9hdwlcpk6q9t0xt9f7yze0y0nxazvzqjmre3p98x3sthkvyz  has summarized the last 365 days with the help from many of you sharing your memories! Thank you so much!

https://cdn.jb55.com/s/damus-frens-2023-720p.mp4

We are also pumped to announce the launch of Damus Purple! You can be part of the roadmap for the year to come and beyond, by supporting our team with this optional membership. Currently it’s open to TestFlight users only but will be on
the App Store shortly. Thanks for joining us on this wild ride 🤙 https://damus.io/purple


I did not have migrating Californians are like a plague of locusts on my nostr bingo card….
https://nostrcheck.me/media/public/19ac5b70e5d5952ca9ed1af6ef60e675c169c91022a4beb6c7b400d3d0763ecc.webp


Nostr clients that utilize indexers for content display - like Primal - are even better at surfacing content from “long tail” relays. Anyone can run a low-powered obscure relay. As long as the relay is included in the NIP-65 or NIP-05 relay list of a single nostr user, that relay will be indexed. You can totally run a relay on a raspberry pi and have your content accessible by millions of users.

Now, an argument can be made that this model introduces centralization at the indexer level, which is true. The good news is that anyone can run an indexer, and we are already seeing many indexers being stood up. I envision hundreds of indexing services with all kinds of configurations in terms of relay lists, event types and date-based pruning.

The most encouraging part is that these different decentralization techniques are sprouting organically by people acting in their own self interest and without any central coordination. The core nostr protocol is solid and makes it easy to build these types of solutions.

Therefore nostr decentralization is much better than it looks at a first glance. nostr:npub1ej493cmun8y9h3082spg5uvt63jgtewneve526g7e2urca2afrxqm3ndrm nostr:npub1e0z776cpe0gllgktjk54fuzv8pdfxmq6smsmh8xd7t8s7n474n9smk0txy


15 years. Time flies. Thanks for raising me right mom 🧡 https://image.nostr.build/b1c861efe7193124fd3bfa00d176386121d25833760df7d3fb66720b330fd899.jpg


You are very welcome. I hope your dad enjoys his Bitcoin journey like the people in this video…

note15yrch8qxdkehfclrkwjhmcserwt2gzc24g5v8fz742gzfp4ev09q8uaz7t


We have hard and real money and it's time to encourage other people to hustle by innovation instead of throwing away their humanity.

https://stacker.news/items/407147/r/halalmoney


I tend to say: the complete opposite of the current financial system.

Because then I get people to question the existing system and help them identify gaps in their current knowledge of "money".

https://stacker.news/items/407427/r/halalmoney


Here’s something I have found useful: rounding down to the nearest thousand.

If your stash is “worth” $950 dollars, in your aggressive accounting mark it down to $0.

Later on, the stash is worth $1950, in your aggressive accounting mark it down it $1000.

This helps psychologically deal with the volatility.

In the fullness of time, this tool won’t be as useful if the person comes to viewing Bitcoin from its own unit of account rather than a fiat one.


After many years of trying he could tie the two ends of his thick moustache above his head. He realised it wasn’t worth a broken marriage for this brief moment of triumph.


https://fountain.fm/episode/ZBlS2FEz5lCWlQQeSG5K

Here’s Guy’s reading and commentary of Achim Warner’s article.

Guy - it sounds like you liked the papier  mache analogy too. It didn’t occur to me that it’s more relevant to gold than Bitcoin!


You notice how they cant distinguish between an occupation and an institution?
Real journalism is alive and well. And will continue.


Nostr, much like Bitcoin, is more about censorship resistance than privacy.


the cultural role in deciding what should be done with it had become far more important than imagining what could be done with it.

—

Savings will be incentivised, people will work on things that actually deliver value, the real workers, builders will get more, parasitic jobs like managers or burocrats will receive less than a builder/worker because no one will want to spend a lot of sats for a guy to do some excel and powerpoint. So everything superfluous will have an hard time. People will probably have more time for other activities.

https://stacker.news/items/406385/r/halalmoney


Will we see the ultimate blue check at some point? https://image.nostr.build/b680328270700042bfa1dbd4c5206510fb8b98e7c8c9400b88c903aca1af9691.jpg


I said it before and I'll say it again because it's true and I like how it sounds:

✨ Bitcoin doesn't need ecash. Ecash needs Bitcoin. ✨

For decades people have been trying to build an ecash solution that catches on. Turns out you can achieve a lot more if you build on top of Bitcoin as an open monetary system that allows permissionless innovation. Imagine building Cashu on top of fiat banks. Useless friction at every single step in the process. So glad we have Bitcoin.


A caterpillar auditioning for the next Saw film.


I cut my hair and feel refreshed. Went for a clean, circular cut with a 3mm length😁

Contrast Adjustment. #photography https://image.nostr.build/c0f49a0c4e31837502b1a9f91653f6fbd6d76429e4c3ef3e7f10baa0ff897fbf.jpg


The most important members of these new companies will be lawyers, and a few programmers building the "we didn't do anything wrong" audit trail tools.

https://stacker.news/items/405434/r/halalmoney?commentId=405480


I’ve seen interesting notes from
nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg  and nostr:npub1t0nyg64g5vwprva52wlcmt7fkdr07v5dr7s35raq9g0xgc0k4xcsedjgqv  and nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl

Also, nostr’s ‘dad’ is unwell nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424 🤢


This seems relevant as well.

So the money supply will always grow as long as there is government and there will always be government. We are just not intelligent enough to live without it. And thats not because the government is good, its because its bad. As a species we lack the ability to understand and accept that :)

https://stacker.news/items/404937/r/halalmoney?commentId=405035


Yes. I can rebuild my stack from zero…

note15yrch8qxdkehfclrkwjhmcserwt2gzc24g5v8fz742gzfp4ev09q8uaz7t


A longer quote:

The principal mechanism used to drain money created by government spending is bond issuance. Payments to government by purchasers of new bond issues are intermediated through the government’s commercial bank account, funding its deposit account and eliminating any overdraft. When a loan or overdraft is paid down, money is destroyed (eliminating the money created when the loan was made). Issuing new bonds ex post therefore reduces M3, while ex ante issuance prevents M3 expanding. Term deposits directly with the government (for example through NS&I) have the same effect.

And so do tax revenues. Bonds are redeemed as tax revenues are received. When the government’s spending (including bond interest payments) is entirely “financed” by bonds which are subsequently redeemed from tax revenues, the increase in M3 from government spending is wholly offset by the reduction in M3 from private sector purchases of new bonds, and their redemption from tax revenues is a wash. Regardless of how much the government spends, if it is wholly offset by bond issuance subsequently redeemed by taxation there is no net new money in the economy.


When a loan or overdraft is paid down, money is destroyed (eliminating the money created when the loan was made).

https://www.coppolacomment.com/2015/01/the-fiscal-theory-of-monetary-expansion.html


Here’s an analogy which may assist: even if you can afford a new supercar you still have to endure the waiting list.


The aardvark was tricked into wearing the yellow party hat. He ignores the two creatures by his side who are laughing at him.


What a nice insight!

People aren’t longing to be impressed; they’re longing to feel like they’re home.
nostr:note13lyjtct5cm278tvkxlzql2df275cvlvujv07jjkzve5y63zt252sxt6kpn


“Because those who have economic power globally dictate the rules upon which things work with SWIFT and payment systems, and we don’t have a loud voice in Africa, these rules are made, and we struggle with living with these rules.”

https://nairametrics.com/2024/01/28/global-financial-systems-are-unfair-to-africans-aigboje-aig-imoukhuede/


Pursuing Instagrammability is a trap: the fast growth that comes with adopting a recognisable template, whether for a physical space or purely digital content, gives way to the daily grind of keeping up posts and figuring out the latest twists of the algorithm – which hashtags, memes or formats need to be followed.


We users are what makes social media run, and yet we also aren’t given full control over the relationships we develop on the platforms, in large part because algorithmic recommendations are so dominant.


“Globalisation takes place only in capital and data,” the literary theorist Gayatri Chakravorty Spivak has written. “Everything else is damage control.” We talk about politics, culture and travel becoming globalised, but on a more fundamental level, Spivak is correct that what really flows across the planet are various forms of money and information: investments, corporations, infrastructure, server farms and the combined data of all the digital platforms, sluicing invisibly like wind or ocean currents between nations. We users voluntarily pumped our own information through this system, turning ourselves into flowing commodities, too.

https://www.theguardian.com/news/2024/jan/16/the-tyranny-of-the-algorithm-why-every-coffee-shop-looks-the-same


nostr:npub1lrnvvs6z78s9yjqxxr38uyqkmn34lsaxznnqgd877j4z2qej3j5s09qnw5 living meme to meme


Many users will be primed to think of these AIs as friends, rather than the corporate-created systems that they are. The internet already spies on us through systems such as Meta’s advertising network, and LLMs will likely join in: OpenAI’s privacy policy, for example, already outlines the many different types of personal information the company collects. The difference is that the chatbots’ natural-language interface will make them feel more humanlike—reinforced with every politeness on both sides—and we could easily miscategorize them in our minds.

https://www.schneier.com/blog/archives/2024/01/chatbots-and-human-conversation.html


First casualty of fear is critical thinking…


Fear is the tool that they use to keep us trapped in our minds.


https://image.nostr.build/c6a93ff3843db8c58fde90b48dfe74cea6879ab638d446cfb1904c892e25a2f4.jpg
#Bitcoin #Nostr #Plebs


This particular alien retracts its eyes so its babies can enter the world though its eye sockets.

Anyway, time for breakfast….


The pen is mightier than the (key)board

https://www.frontiersin.org/news/2024/01/26/writing-by-hand-increase-brain-connectivity-typing


Bitcoin arises as the universal unit of account, providing an honest means to gauge human efforts in producing products and services.
nostr:note16yd9cdf8mdky7ghgjwnt6scrjl5gs668hrqr8wxexnt4hk7rrt4qhhvpf7


If you want to have any hope of living in a sane world, and for your kids & loved ones to be able to do the same, then it is your responsibility to communicate or demonstrate what is true as effectively & efficiently as possible.
nostr:note1tcktvmar7hxzr6d39we6rtxvdw7jvh76gguhh0pvq9rph24zuf2qqel4je


HODL #Bitcoin & Chill

https://cdn.nostr.build/i/88e63e946e848ba5ffe6de1f8147acf95607e305a76db28d5257ddc598050d48.jpg
#plebchain #grownostr #zapathon #memes


https://news.ycombinator.com/item?id=39155402
https://nostrcheck.me/media/public/43e12f75427bd21d146b7d2edce68ed70f64b54f7eaa89323b5ddb7cc80f08df.webp


The implications of AI being added to messages are also intriguing, meaning you may never know if that thoughtful reply or fantastic date idea was thought up by a human or their AI assistant.

https://www.techradar.com/computing/software/google-bard-ais-addition-to-messages-could-change-the-way-we-text-forever


"Oftentimes, we find it's the little things that rule the world," said Prof Palmer.

https://news.sky.com/story/amp/ants-are-forcing-lions-in-kenya-to-change-their-hunting-behaviour-and-switch-prey-study-finds-13056649


#bitcoin #memes

Easy lesson today: https://image.nostr.build/e0294a8a73f4e3405fe80713c6e3660634e5026733fc16106426fb7de4c96939.jpg


Automatic rebroadcast from the mempool could help somewhat, though not as well as being able to pull from peers in this situation. The idea in the PR below is both reactive and initiated by the network rather than the miner. It was closed and I can't tell if it's being worked on elsewhere. It seemed like a good idea and another piece of the puzzle, I was looking forward to it.
https://github.com/bitcoin/bitcoin/pull/21061
Are there privacy risks associated with a peer serving its mempool to others? Like perhaps fingerprinting a node using darknets, if that matters.

https://stacker.news/items/402481/r/halalmoney?commentId=402837


I’m sorry but I can’t find the reference.


It's a good thing. You treat every nostrich the same way you treat your kids, which is to say, with respect and encouragement. That would take a ton of effort for me, but it seems to come naturally to you. People like you are just as important to nostr as the devs. 🤙


Still good. https://image.nostr.build/4e8d6ed0cf3ad6fc82e3f06b8c4359cb01f99afd7057373e27bbacbe93d8734d.jpg


Not only that, every bitcoiner agrees to the fact that their lives got 10x better (financially, physically and spiritually) after they started learning bitcoin and stacking sats.

nostr:note160qj3jlse79wzs0yu8cakq2shhzf5uvvk06znmjf7p699eftfpfqe63dfn


On Plebwork, a pleb creates an account, link a bitcoin wallet and can get paid directly by their clients. Everything is handled in a chat between the client and pleb, and invoices are automatically sent out once a pleb submits their work. Payment is also handled directly on Plebwork for the client with a simple QR code scan enabled by BTCPay Server. So it is 100% bitcoin, no fiat and no KYC for plebs. You can work part-time (ore more) anonymously while keeping your fiat job. Our aim is also to attract reputable bitcoin businesses that may benefit from working with part-time talent. We hope to not only solve work management and payments but also discovery for part-time bitcoin gigs.

https://stacker.news/items/401783/r/halalmoney?commentId=401987


A lot of the content that shows up on the internet is objectionable or illegal. Objectionable content is relatively easy to deal with by using strict web-of-trust filters, but illegal content — especially CP — is very hard to detect, dangerous to handle, and presents a real danger to everyone exposed to it. There are screening techniques that exist, but rely on proprietary databases and hashing algorithms. Open-sourcing those components isn't an option because they're a form of compression, and so always possible to reverse-engineer by attackers. https://about.iftas.org/ is doing some good work in this space in the ActivityPub world.

https://stacker.news/items/401783/r/halalmoney?commentId=402126


Choosing one area to focus has been hard, it is almost that midwit bell curve meme when you're trying to justify choosing one thing over another.

https://stacker.news/items/401783/r/halalmoney?commentId=402154


Because Superposition is nostr-based, all your signatures are based on your nostr private key. If you want to stake your reputation you can sign with your nostr nsec, or if you just want to play around, Superposition can generate a new nsec for you.

Note Duel

Alright, so what are these smart contracts that can make use of these Superposition oracles? Our first demo app is Note Duel.

Note Duel lets you wager a nostr "note" on the outcome of a Superposition.


Superposition is a DLC oracle app where you can create and attest to events. The events you create, and your signed attestations, are all published to nostr, where it's easy to discover and use these attestations.

https://blog.mutinywallet.com/note-duel-superposition/


No Retreat, No Surrender - Hold on to the vision

#bitcoin 🧡 https://video.nostr.build/0783fecd2d7615f63df1324358738da44ec6f46e140e43e85f6f2c483daa17ac.mp4


🚀🚀🚀
nostr:nevent1qqsrgfh3qc4re5rnm7k6hs298q6gsqfta358lsnrzxxc9wul3w33p9qpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzq3dn25suxy49mfxz2krs8t2tu0fwd5yvsyj4z52v0g0t026l5rcyqvzqqqqqqyv9f89r


Fake news. The real Katy Perry can operate each set of eyelids separately.


they do not want fair at the cost of control


Thinking that everyone will adopt bitcoin, and yep... then you realize that most people feel safer walking with chains in a known direction than getting rid of them to glimpse new paths

https://stacker.news/items/400588/r/halalmoney?commentId=400634


I’ll stick to my humble little stash…. Not too much, not too little.

note15yrch8qxdkehfclrkwjhmcserwt2gzc24g5v8fz742gzfp4ev09q8uaz7t


One man’s confirmation bias is another’s asymmetric game.

Maybe both Bitcoiners and goldbugs are wrong.


The turtle regretted his decision to nap in the cave as the vampire bats sucked the blood out of his tired body. 🥲


Stackers may not be purely driven by the promise of sats even. I write longer comments these days because I trust that when I put myself out here, my words will resonate with a Stacker or two and prompt them to respond. That what I give out is proportional to what I will receive. That I will gain either different perspectives or validation of my opinions - either way honours the time and energy I spend typing out my comments.

https://stacker.news/items/400068/r/halalmoney


Informed hope.

I may have to start dropping this concept into my conversations with people who think things will never get better.

Thank you.
nostr:note1j9g3jhhd0lz2taar7a5avz0ms9j3qu23lpgfh3u0x3s794kpc50qjsz8fr


However….

note1x9835gq7epa02q550t9djwvjwc5f8427mzcd5ae6q4skgxatjyyqyp4z4a


If people can be dumb enough to think elections make a big difference then they can be smart enough to get some Bitcoin just in case it catches on.

One man’s greater fool theory is another’s self-fulfilling prophecy.


Probably an oversimplification but I like it.
nostr:note1j8ngjsyprpegdf95r00f4dz94ex09nhvfve2lglltgfrjqn07x7qdsgs9e


Wen halving? It’s not priced in, right?

https://media.tenor.com/2lDkkWx6vU4AAAAM/happy-early-birthday-now.gif


And to gamify it the first responder gets zapped.


Wen play-the-next-move-in-this-chess -game-with-a-single-click-within-my-usual-hope-scrolling?


https://image.nostr.build/132ad780fead1b83d090f4b8e5602609662a0b85070990e7abb6e95c3b94024a.jpg

#meme #memestr #nostrmemes #memes 827,275 🤙💜


The “Epstein client list” is a crafted distraction concept, to facilitate a limited hang out, which attempts to focus attention away from Epstein’s long operational history, and keep it focused on a thin slice of his criminal operation.


No, it’s the matter-verse.


Thanks for sharing.

“In the best-case scenario, the U.S. tackles its fiscal problems—most notably, its runaway spending on health care entitlements—and puts the federal debt on a sustainable path. But until that happens, Americans can buy bitcoin as an insurance policy against a U.S. dollar weakened by the skyrocketing federal debt. The SEC has just made sure that this insurance policy will be around for a very long time.”


I think Peter is a secret tail-emission maxi.


https://stacker.news/items/399532/r/halalmoney

https://media.tenor.com/opZrB0GwMiYAAAAC/im-doing-my-part-bitcoin.gif


Me with my 0.01 Bitcoin stash waiting for our first having event….

https://video.nostr.build/02bc39087485a63b2de88a62a70aa4e6af665277a7777946bc915e9a6277da37.mp4


Hello.

Find someone who looks interesting which will then reveal other people to potentially follow. I like these two accounts but the choice is yours as to how to curate your feed and what to contribute:

nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424 nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl


slipped up like they always do 💀 https://v.nostr.build/9nZo.mp4


🫂 #KINDNESS !!!🫡 #bitcoin ⚡ #nostr 🫂🫡 https://image.nostr.build/320b63cf2cf4ca4ad6fbf5541f0c8cbc6ba2bbb5585fc259d9ba76cc14fcb3b9.jpg


We need more bitcoin truthism and less rhetorical group think.
nostr:note1egdyj9g5h2mjydrdk3thmvcmsj3t7ce8nrhkx36u4y4ysjepkw9qsxmz9v


It costs $0.11 to mint a $0.05 nickel, yet it costs $0.08 to print a $100 bill.

Opt out of the system.
Study #Bitcoin https://image.nostr.build/2cf0bab4abc4e6bdec79eef7ba1ae1edd1e3d465638e8133a4ffb2b08f5a98b6.jpg


A fresh thought within the echo chamber. Thank you. 🫡
nostr:note1ej3d9f5g596tp8vmkzr9ve8yllyqewlm48whv48e0ajlsc2t7e3q0dcmrm


Interesting thought experiment 🧐
nostr:note1m5l4q5ycuksy9h3ryr2xhfxupuypmuqtfseqgaajrnkp40hvwlfqhkthkz


Do you trust your government?

https://stacker.news/items/398486/r/halalmoney

https://media.tenor.com/ST0CXCoSJlEAAAAC/happy-lol.gif


Had we built a capitalistic society on the principles of sound money and long-term returns, a great many institutions and incentives would likely be radically different to what we see today. The structure of economic production would be far more robust to shocks, far more inclusive in its creation and distribution of wealth, and far less corrupting in its rewarding of political cronyism.

https://allenfarrington.medium.com/this-is-not-capitalism-5ed0a9d5dfa9


Money is the stored and accepted value of work done in the past, redeemable for goods and services in the present or future. Money should not constantly decline in value.

https://allenfarrington.medium.com/this-is-not-capitalism-5ed0a9d5dfa9


you need stocks to create flows, and you need flows to replenish stocks. Our entire analysis of how bankrupt (morally as well as factually) our financial system is can more or less be derived from the appreciation that this simple maxim is not widely understood.

https://allenfarrington.medium.com/this-is-not-capitalism-5ed0a9d5dfa9


When money is printed — whether this be bank notes or lines in a database — this is violating integrity assurance… No economic value has been created, or contracted to be created, to match the token now in circulation.

https://allenfarrington.medium.com/this-is-not-capitalism-5ed0a9d5dfa9


Money is a story. It is a story of what work has been done on credit that is yet to be redeemed. It is the Schelling point for universal credit. It is an IOU that everybody is willing to redeem (primarily because everybody is willing to redeem it) and hence that at every instance of its transfer is re-ordained with the ascription of economic value to work actually performed. Note that money is not a social construct, a collective delusion, or any other such denigration that snidely implies that nothing about money really matters and we could reinvent it all tomorrow if we wanted to. Money may be a story, but the qualities of the story matter a great deal. The truer the story, the better.

https://allenfarrington.medium.com/this-is-not-capitalism-5ed0a9d5dfa9


Master Oogway attempts tricep dips.


Fifty years ago, housing campaigners risked prison to highlight how desperately people needed decent places to live. Without a significant shift away from the extractive economic model that spawned the housing crisis, the country will continue to be blighted by empty homes and spiralling housing costs.

The Conversation


Nice find. This is a way to delegate signing nostr events across the guardians in a federation. Ensuring a single party does not have the underlying private key to sign any event without agreement.

https://stacker.news/items/399056/r/halalmoney


The base-raters and probabilistic modelers will beat you every time at day trading. You cannot have conviction in small things, and there is no point in competing on that front.

But long-term buy and hold of the right stock, the right commodity, the right monetary instrument being born will defeat all of them. Lose 100 times on the small stuff, it means nothing if you have the biggest trades correct.

Problem is conviction is rare, and it comes to you, not the other way around. You cannot summon or control it.

So if you get something big right due to conviction, people will come to you and ask you for the next big conviction. If you’re not careful, you will invent one and give them terrible advice.

You see this happening to people who predicted the 2008 crash. They’re anointed as seers, and continue to opine in order to play the role.

They’ll get their lunch eaten by the probabilistic modelers in the meantime. But the probabilistic modelers have gotten the biggest trade wrong — their entire framework for the world.

It’s better to wait as long as it takes until you have conviction, then act. Just get the biggest trade right.


This would make a great exam question!

If you can regulate money, it is not money. Discuss.


Normies focus on the price.
Bitcoiners focus on the repricing.


Waiting for credit unions to become fedimints.


WE STACK SATS AND KEEP TALKING ABOUT #BITCOIN
https://m.primal.net/HYtT.jpg


why would you sell the hardest asset known to mankind for toilet paper anyway? 😊
nostr:note1gw0swnw2lsrkcs5glzr7qmp0ns67umxhzxf45jnrls5qhaxe3f0sfje5wl


Good morning!

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


Little Nocoiner’s big moment https://image.nostr.build/f8dd92fd17a081e0cda8efc8813cf506f74f15c63584359cb42e2dc806240911.jpg


Big Tech will never fully support IPv6 - IPv4 forces consumers to use centralized services.

I recommend IPv6 mesh VPNs like Cjdns, Yggdrasil, Pinecone.  Every device gets a permanent cryptographically authenticated IPv6 that is also mobile.   A SIP client can use the raw IP in the contact list - no need for telco, DNS, or TLS.

Where IPv6 is supported, the mobile IPv6 protocol (easily self hosted) lets an IPv6 on your net be anywhere that support clearnet (normie) IPv6.


*only the tough own Bitcoin


Buy cheap sats for grand kids


Yep. This is just a wealth transfer from the inpatient to the patient.


Trying to predict Bitcoin’s next price move is a sure way to get rekt. Don’t fall for anyone who is sure what’s going to happen next 😂😂 https://image.nostr.build/b3b50efbd68507f0e061a480896c913ea124e6dbe8ec28a2827e334a04ad85be.jpg


Bidenomics 101 https://image.nostr.build/1a63ecd4fe6d32187a449734b7d20f3a568122db7b4faed61492de65c5836be6.jpg


Trust the process #Bitcoin https://image.nostr.build/2e9af1ae635bb92e0ae9439fc758a7ba1f30f17f87092f3a52a1bb108d941f6f.jpg


GM ☕

https://image.nostr.build/78f925ef082776e592263206fa591aa72c85237542b03554990e5a766249fb72.jpg


The term “Shrimp Cohort” refers to individual or small-scale investors in the cryptocurrency market who hold less than one Bitcoin. Contrary to institutional investors or ‘whales,’ these investors typically have less capital. However, their collective impact on the market is becoming increasingly significant.


“Bitcoin is a mirror. What you say about Bitcoin says more about you than it does about Bitcoin.” - Me


https://cdn.satellite.earth/71f732db4c9d804fa10d4791ff40ba8da39f1569dd25c83686cd890db12e2aa4.jpg

#Artstr


End state is Bitcoin #nostrmemes #memes
https://m.primal.net/HYox.jpg


It worth being a Bitcoiner just for the laughs from The Bitcoin Bugle🤣

“It is rumored that Dash Jr. will be launching an NFT collection on Ethereum called "Spam Wizards," featuring low quality pictures that look like they were drawn by children in order to illicit the most sales value.”


*community


James Lavish:

When the government runs multi-trillion dollar deficits and is responsible for 25% of all jobs created, it papers over a recession hiding in plain sight.

https://stacker.news/items/396652/r/halalmoney


People can begin opting out, but governments won’t make it easy. They are now trying to impose bank-type surveillance and reporting requirements on individuals, which is orders of magnitude more difficult to enforce than on institutions.


the ability for people to self custody their own money, and send money to others, and do it in such a way that corporations can’t surveil it and governments can’t surveil it or debase it, is an important check on power.


The mere holding and using of bitcoin puts governments in an awkward place if they try to ban it, especially governments that have any semblance of rule of law. They have to argue that it’s a bad thing for there to exist money that can’t be debased and that people can hold themselves and send to others. Or another way of putting it, they have to make the case that a decentralized spreadsheet is a threat to national security, and that such a dangerous thing as that must be banned under threat of imprisonment.


I see signs at airports that say, “No cash over $10,000” and chuckle to myself, because they have no way of knowing who in the line has ten million dollars or any other arbitrary value of bitcoin or stablecoins accessible to them in some way.


dollar deposits in developing country foreign banks are basically junk-rated and uninsured leveraged bond funds. During times of currency shortage, the dollar accounts can be forcibly converted to local currency at a fake exchange rate, or blocked from withdrawal. If someone holds dollars in a domestic bank account in a country where hyperinflation occurs, they are unlikely to be getting most or any of their dollars back either.


while a few pools could work together to do a brief 51% attack on the network, their ability to sustain such an attack is likely very weak. Secondly, Stratum V2 has been rolling out recently, which allows miners to have more control of the block construction process than just letting the pools do all of the work.


Ever since China banned bitcoin mining in 2021, the United States has been the largest mining jurisdiction, but is estimated to have less than half of mining hash rate. China is ironically still the #2 mining jurisdiction because mining is really hard to stamp out even with their level of authoritarianism.


Bitcoin miners cannot change the core rules of the protocol, but they can determine what transactions make it into the network or not. So, miner centralization can increase the odds of transaction censorship.


we must imagine a worst-case scenario. If a technical issue goes unnoticed for years and becomes entrenched as part of the broad node network, and then gets found out and exploited, then that is a more catastrophic problem. It’s still not unrecoverable, but it would be a serious blow.


In 2023, people began making use of the SegWit and Taproot soft fork upgrades in ways that were not intended by the developers of those upgrades, including inserting large images into the signature portion of the Bitcoin blockchain. While this is not a bug per se, it shows the risks of how certain aspects of the code can be used in ways that were not intended, and therefore shows the ongoing need for conservatism when performing upgrades in the future.


Thiers’ law states that when a money gets extremely weak beyond a certain point, merchants won’t accept it anymore, and they’ll instead demand payment in the stronger money. That’s when Gresham’s law gets overridden, and people have to spend their stronger money.


it’s that blend of both payments and savings that is important. The key way to think about this is optionality. If you hold bitcoin for the long run, you have the option to bring that portion of your wealth with you anywhere in the world, or to make permissionless, censorship-resistant payments to any internet-connected person in the world if you want to or need to. Your money can’t be unilaterally frozen or debased by any bank or government with a stroke of a pen. It’s not stuck in one jurisdiction within narrow borders; it’s global. Those features might not seem important to many Americans, but it’s huge for a lot of people in the world.


It’s fine for it to have major ups and downs; after all it is bootstrapping from zero to who knows what, and that comes with volatility. Price appreciation attracts leverage, which eventually causes crashes. Bitcoin has to keep going through cycles and shaking off leverage and rehypothecation if it’s going to become widely adopted.


Generally speaking, the biggest correlation I have found to bitcoin demand is global broad money supply, denominated in dollars. The first part, global money supply, is a measure of global credit growth and/or central bank money-printing. For the second part, the reason dollar denomination is important here is because the dollar is the global reserve currency and thus the primary unit of account for global trade, global contracts, and global debts. When the dollar strengthens, it hardens the debts of various countries. When the dollar weakens, it softens the debts of various countries. Global dollar-denominated broad money is like a big liquidity metric for the world.


A way to think about liquidity (and it’ll likely make you more bullish when you realize it), is that liquidity begets more liquidity. For money, that’s a big piece of what the network effect is.

https://www.lynalden.com/bitcoin-network-health/


“He’s talking about structurally breaking the global system by hook or by crook to basically reindustrialize the U.S. in a neo-Hamiltonian manner which is how the U.S. originally industrialized, putting up a barrier between it and the rest of the world so it’s cheap to produce in America and more expensive to produce everywhere else if you’re importing into America.”

https://www.cnbc.com/2024/01/22/trumps-proposed-10percent-tariff-plan-would-shake-up-every-asset-class-strategist.html


It may feel like everything in Bitcoin is a constant argument, but it's because the stakes are high.

https://stacker.news/items/396421/r/halalmoney


Wait, doesn’t anyone here have to venture into the fiat mines?

https://media.tenor.com/ygPzMwqKDYAAAAAC/trust-issues-we%27re-the-millers.gif


Tether is the preambul of CBDCs. Is really easy for banksters and psychopaths to convert it into CBDC.

But let's not forget WHY and HOW Tether came up: from a scam!
The whole Bitfinex "hack" was an inside job to look like a hack.
Do you really believe the whole story of those "hackers" rappers?
BTW the allegedly recovered BTC from them it never go back to Bitfinex and then returned to their (scammed) users.

It's a huge rabbit hole in this story that goes back years and years.
And now Bitfinex is pushing Bukele / El Salvador into mining BTC, but with solar and wind (omg what an idiocy) instead of volcanos.
Why? Because in exchange will give to El Salvador ... tethers... and they will remain with BTC.

El Salvador will became the Tether country soon.
https://i.postimg.cc/3rp6bj9j/bukele-bitfinex.jpg


An odd headed panda is exasperated within his psychedelic experience.


I think so.

note1wjatgzzx8qjq6nd6l0fa8geupqhzgsvghlndelcxeej4lht26qhsfsg5ac


Eviction notices are not pleasant.

https://www.theguardian.com/society/2023/oct/10/living-in-privately-rented-homes-linked-to-faster-biological-ageing-study-finds


Satoshi Nakamoto #Bitcoin https://image.nostr.build/cd19a2a255b8428b175f1fdd05ae3166d5bcd1bd6ca8974972b9ac159ebed854.jpg


The lesser fool theory….

https://nostrcheck.me/media/public/5fb065e5d0c4336adba5574ed98d7c126b1921fec399ece938feec2667edbb2d.webp


The state of free speech on X. nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424 shared one of my memes over there and it got flagged with a “graphic content” warning. Here’s the meme: https://image.nostr.build/12046184ea38e5e3931a207244ca33e047158657423ea45c1c9bf10786aa6119.jpg  nostr:note1k38sawpp38ve94cktrgnmmdn59w8ezl5wwp0jcs9c35meap6h7pqcu2k6n


If they call you fringe, you know you're right and in the majority. Be fringe, my frens 🫂

https://i.nostr.build/E5lx.jpg#m=image%2Fjpeg&dim=1080x1080&blurhash=UlHvrLj%5BVYj%5B%7DFfQrrfkofayjGf6EffQf%2BfQ&x=1ab4db2d102f5df71eaa2af686ac27518609647f44e0e84e3815199a68f9a12d
#memes #memestr


shop.sovereignwelder.com
https://i.nostr.build/8A9z.jpg


A global monetary network that requires only 406 GB memory space, transferred over $100 trillion in total value for an average transaction fee of $0.3 and all this P2P, without a single intermediary.

#Bitcoin is fucking amazing.
 - nostr:npub10wv37amdqnv8edw5yktgsxr62g8k4lqkk2u66fk6c6uwuakzssxsf4v22x

#BitcoinTwitter
https://bitcointwitter.web.app/images/v3/202.png


There's probably a lesson here for Bitcoiners.

"I hate it when shows make bad guys stupid and weak so that the heroes can seem smart and strong."

https://www.forbes.com/sites/erikkain/2024/01/21/reacher-season-2-finale-review-hot-steaming-garbage/


Not all good Bitcoin books have to be about Bitcoin.

A wider perspective can help you to appreciate something special like Bitcoin; this is better than relying largely on an already converted set of authors.

No Gods, No Masters (Guérin)

The Mandibles (Shriver)

Understanding Power (Chomsky)


No one I know around me can understand the problem with state intervention in health, education, culture etc. Most of us have received some kind of "aid" from a state institution, so I believe there is a bias for not biting the hand that feeds you.
We're really far from reducing the role of the state in our daily lives, most people have been fully propagandized into believing that we need ever more intervention and if there are problems with the state of affairs it's because there isn't enough intervention!

https://stacker.news/items/395334/r/halalmoney?commentId=395354


Remarkable the faith people still have in fiat, given the mathematical reality.

All $USD has to do to become obsolete via being inflated away into nothingness, is continue what is has been doing since 1913.

All #Bitcoin has to do to become the next global reserve currency is continue what it has been doing since the 2009 genesis block. https://image.nostr.build/c97fa84fd79b613d9bc5cddd2ad019ebb4543136e87d29c60856070d30ee15f4.jpg


It’s interesting to see, how we use technologies that in theory should not have worked, but in practice, they do. Bitcoin is one of them. The probability of its success was very low.
nostr:note1sd2jn2s2pltpku7fxzwwcnsduz65xa3eeude92lqw0pfad0w90ts4exdsa


No, there is no cryptographic way to ensure you are not being frac-reserved.
The only ways would be operationally (ie. coordinated bank run feature of wallets, etc) but these all have usability and potential fee impacts.
To be clear, other federated solutions (ie. sidechains like Liquid) have an auditable supply of tokens issued. So all of this is a matter of trade-offs.
The issue I see with Chaumian eCash long term is that the tendency will be for federations to grow in size (network effects). Who believes Coinbase, once they become the biggest mint, wont reserve-frac their users?

https://stacker.news/items/395348/r/halalmoney?commentId=395426


Imagine a future in which C-Suite discussions are like: shall we risk x million dollars on this problematic project or just park the funds in Bitcoin and then reevaluate in 5 years?


I’m proud to be a member of a community that fights for truth. Fights for fairness. Fights for a better future. #Bitcoin


shop.sovereignwelder.com
https://i.nostr.build/oJD7.jpg


Wild seeing Grayscale casually dump 10,000-25,000 BTC each day.

May end up being the biggest blown lead in the history of #Bitcoin, and all because they refuse to lower fees. https://image.nostr.build/4a2dd9d5db165ad03fe37d418844b401099444c48b9c7d08bc431fe8e36f95da.jpg


Me with my 0.01 Bitcoin stack.

note1mr3q8egkvnr0n02qv5exarfxrpxgjv9pc7te2jx7ha70w0urndzqyl0fwk


Edited:

Is it feasible for a nostr app to become a simple relay in the phone? i.e. just help out with propagation of notes and then delete shortly thereafter.


Is it feasible for a nostr app to become a simple relay in the phone? i.e. just help out with propagation of notes and then delete after shortly thereafter.


Don't buy #bitcoin if you want to make money on it and exchange it back into fiat. You're basically trying to rip someone off, and more likely someone will rip you off.
Buy bitcoin if you believe, as I do, that it is money for the foreseeable future. A fairer money that will replace government money.


Learn #bitcoin

#einundzwanzig 🧡 https://image.nostr.build/e4d24e506a021b016392d0e2278feac00849d78607dbae8b91bcb7050baaa10b.jpg


I quite like this one:

https://theconvivialsociety.substack.com/


There’s so much good stuff on Stacker News!


https://stacker.news/items/239220/r/halalmoney
https://nostrcheck.me/media/public/dd31b3bc1949564b40f6cb130bd84b314b1329945284136a940deaae063f999d.webp


Mostly pencil but a little bit of watercolor

https://image.nostr.build/dfb7abad5e60e0623f0b6934ac02664fbb66cd0a0036dd252fed6819e52edab8.jpg


So leveraging up and riding the mergers and acquisitions, then creating of financial derivatives markets and more complex financial bets for people to get rekt on and then creating ETFs for the dumb money to flow into and then buy up everything

Kinda crazy if you think about one company building up so much reach, power and sway in such a short period of time, just shows you how powerful being close to the money printer makes you and how you can take on so much risk and if it pays off you're king and then later king maker

If it wasn't for Bitcoin, I would be hella blackpilled and demotivated listening to Black Rock made it, its kinda nuts knowing you can build a company of this size only on moving money around and not producing final goods and services

https://stacker.news/items/259258/r/halalmoney?commentId=259641


Essentially all securities “owned” by the public in custodial accounts, pension plans and investment funds are now encumbered as collateral underpinning the derivatives complex, which is so large—an order of magnitude greater than the entire global economy—that there is not enough of anything in the world to back it.

Legal certainty has been established that the collateral can be taken immediately and without judicial review, by entities described in court documents as “the protected class.” Even sophisticated professional investors, who were assured that their securities are “segregated”, will not be protected.

Ownership of all securities as property has been replaced with a new legal concept of a "security entitlement", which is a contractual claim assuring a very weak position if the account provider becomes insolvent.

Quoted from this book called the Great Taking

https://stacker.news/items/259258/r/halalmoney?commentId=259522


Basically if you want to invest in the stock market but are somewhat unsure about how to best approach it, you get recommended a passive fund. This fund only buys the stocks that composes a certain index (say SP500) and so has basically the same returns and risks. This in turn attracts much more people that wouldn't otherwise touch the stock market, and Blackrock ends up owning a huge portion of the stocks on the market instead of individuals. And with Blackrock's ownership of said stock comes voting rights in the respective companies.
And presto, they now control those companies.
https://stacker.news/items/259258/r/halalmoney?commentId=259458