“My unfashionable view is that the world would benefit from less partisan media, not more. Over in the US for the election, I mistakenly kept turning on CNN for news, and was genuinely shocked at the offering since the last time I seriously paid attention to it (admittedly some years ago now). It didn’t really even have headlines on the hour, let alone coverage of “news”, and appeared to be a talking shop that saw itself purely as an active agent for the Harris campaign. To this outside observer, it didn’t seem to be doing anything different from Fox News, except that it was doing it for the other side.”

https://apple.news/AhALkm74fTsiuD4uomMTyVw


“And it does feel slightly hilarious that huge numbers of people who have spent the past decade-plus shrieking about the evils of social media – usually on social media – have been “liberated” from one platform, only to promptly rush and enslave themselves to another. Really? You can see it all stretching ahead of you – fun period, emergence of Blueskyocracy, the first Bluesky cancellation of someone, the exponentially intensifying purity spiral, followed by legacy titles or legacy humans announcing an exit from that one too. It’s all such a predictable timesuck. Bluesky might be the new email.”

https://apple.news/AhALkm74fTsiuD4uomMTyVw


🤣Do you have a sofa to hide behind or did you sell it for sats?


Thanks for writing this Carl.


“While it’s exciting to see Bitcoin’s fiat price increase, that is not its ultimate value. Bitcoin represents so much more. And I know, many others who HODL Bitcoin not for fiat wealth but for deeply personal reasons — reasons rooted in justice, independence, and freedom. For those of us who have been wronged by the current system, Bitcoin is not just an asset, it’s a revolution for a better future.”
nostr:note13p30ma8rf5fzkh7cglkdmj6qe2aclj4d70c2n06t3q8lc4gz2tfsyz34ly


“Bitcoin represented a chance to opt out of a fiat system riddled with perverse incentives and predatory practices.”
nostr:note13p30ma8rf5fzkh7cglkdmj6qe2aclj4d70c2n06t3q8lc4gz2tfsyz34ly


I’ve enjoyed our little chat fellow stranger on the internet.

https://media.tenor.com/ZXiGaTgCV5kAAAAC/jake-paul-mike-tyson.gif


Agreed but there’s still value in mentioning these things from time to time - if only to help you curate who to spend your precious time with.


Yes but if Bitcoin succeeds it will show late adopters the opportunity costs of not thinking outside the box.

This is what I want for people at large: never giving in, positive thinking, stop licking the suits’ boots.


Why - many people are sheeple.

What changes this - alternatives (Bitcoin? nostr?) go mainstream.


Someone whose thinking is within the zeitgeist and the Overton Window.

Someone who would struggle to comprehend a completely different approach and system as compared to that which is already in place.


“As investors grow more discerning, bitcoin may be seen as a standalone asset, less affected by the broader crypto market’s turbulence.”

“Whether bitcoin can truly hedge inflation is a question only time can answer. Unlike short-term investments, inflation hedges need decades to prove their effectiveness. So far, bitcoin has beaten inflation: in the past ten years, the U.S. dollar lost 33%, while BTC gained 22,208%. Whether this continues is anyone’s guess, but it seems as if Wall Street has made its decision.”

https://apple.news/AQ7Fp4pg9TMuaFlbA_Cpyzw


Acetate as a fuel🧐

Annie, are you ok? Are you ok, Annie?


For a counter-view:

note1e9f0rj5nyx73wget836vdvh437vn6enkcsxjsurnw4jffvplt5ss0al28q


“…because the [post-fiat Bitcoin] economy operates in a state of chronic deflation, long-term investments are naturally favoured over short-term gains. As Bitcoin’s purchasing power increases over time, simply holding it becomes rewarding. This incentivises spending only when necessary or investing in projects with sustainable, long-term value.

In essence, the larger and more forward-thinking the business idea or vision, the more valuable it becomes, as a unit of Bitcoin in the future will be worth more than it is today—the exact opposite of the dynamics of the previous inflationary system.”


“…with every step [the establishment] take to embrace it, they will reinforce a new system that undermines their traditional influence. Over time, their ability to manipulate the system and generate wealth from thin air evaporates. The services, influence, and authority they once commanded will become irrelevant, as they can no longer game the system to their advantage.”


“Folks wanting symbolic gestures of change instead of demanding tangibles is heartbreaking”
nostr:note18zt0zkczt70msqt2dhjwfy0xdv35kyjyq8ycl9zphtcdwhtaduwqe7hzns


Bitcoin is awesome but “It'll travel the path of greatest pain.”

I think I’m gonna use this with the normies….


“AIs tell you what they've been trained to tell you.

Autists tell you what they've deduced.

It may be that only an autist can discern the two, it takes one to know one etc, and therefore autism is a super-power in a world overrun with AIs.”

https://stacker.news/items/767536/r/halalmoney?commentId=767756


🤣The new overlords, same as the old overlords!


Top marks for the cat food ad at the top.


“Bitcoin incentivises you to learn how to live beneath your means, improve your situation, it motivates you to save.”
nostr:note1za885uret0apyd99fhskrkvet95m85r3aqxsd4eermhx6yh82f7qq2ap2k


“Nothing in life is free, and the freedoms granted by Bitcoin come at the price of personal responsibility.”


“Exchanging your fiat money for bitcoin is a move from an inherently unstable system to an anti-fragile one. It is wealth insurance and a vote for a better, more honest base layer of society.”


“You can… kick a bad habit and start stacking sats with the money you save. Two birds with one stone, and all that.”


“Currently, you are still able to exchange other money for bitcoin. In the future, you will probably have to earn it. Think of it this way: if the trajectory that Bitcoin is on continues, there will never be a bad time to exchange your fiat currency for bitcoin.”


“[Bitcoin] is a path-dependent-invention in a winner-takes-all environment.”


“Bitcoin is… the only serious contender for digital scarcity. It has the best network effects, the highest liquidity, and the highest security by many orders of magnitude.”


“People have been thinking that bitcoin is too expensive since its inception. It will always be too expensive if your perspective is still rooted in fiat money.”


“Bitcoin has the highest value density of all assets since it is pure information.”


“While the [economists’] lingo is fancy, the repercussions are simple: an essential tool of our civilization [i.e. money] is bent and distorted.”


“Money is an essential tool for any large-scale cooperation. It is a measuring device, a solution to the problem of barter, a vehicle to store your wealth over space and time, and many other things. In short: money is essential for a complex society to function.”


You could be right. Or not.

Either way, it’s interesting to learn from veteran Bitcoiners and sceptics.


honey badger does honey badger things

https://video.nostr.build/c357f4a800c5e169af86ac16dcafe0e217ab2cf59e1fdaca71f0bec5d5a13341.mp4


“Self-custody is easier than ever. If you don’t self-custody, please start.”
nostr:note14t8wxv49pn39re75e3wxphe0q032yrzwce85ln2nlcs0t22mulwsk2f8fu


Pro-Democrat tweets? What tweets?

https://media.tenor.com/HhZtHfpGjCcAAAAC/peace-ghost.gif


"Bitcoin leads to world peace"

—  nostr:npub1mz704n7dsaw3jcj3kr5le45n97tqughyt5lxe3yv3xy3025hv3dsp5tl8g

https://video.nostr.build/5f9d22931ef705dd1ae52306dfb5c77c8752036de25682662007917f4ce7f245.mp4


“ #Bitcoin  is insurance against government theft.”
nostr:note1ptrvl4lkd3hej30ma2w9w55flz04cne3fetsl67xeatfz5vkk54q6knds9


No sound but still funny…


Thanks for sharing this article.

“Punctuated equilibrium is the idea that evolution occurs in spurts instead of following the slow, but steady path that Darwin suggested. Long periods of stasis with little activity in terms of extinctions or emergence of new species are interrupted by intermittent bursts of activity.”


GM

Lazer eyes ‘til fiat dies.


“Truth of hard work breeds the surest trust. And with that kind of trust, humans can conquer the biggest things.”

A bizarre article with some interesting points…

https://hackernoon.com/the-bitcoin-blockchain-in-five-hundred-years-is-reputation-dna


“…we’re still far from the promised land folks”
nostr:note1nrkvzp80utu0f74vgpk9c7amz3emrp20hr372st0smzzytfhs0jqkvd4uq


Agreed. It’s tough.

I’ve found the following approach useful:

You’re looking at it from within the system. What if Bitcoin succeeds to the extent that it becomes the new system? Try to see things from this new perspective rather than from where society is now.

This is similar to the Max Keiser point: what if Bitcoin isn’t a bubble but it’s the pin?


Suggestion: tell people that Bitcoin isn’t without its issues/problems but it’s much better than fiat money.

This should help reduce the ‘too good to be true’ reaction.


Your friends are blessed to have someone like you. I hope the call goes well.


“…maybe that’s the hard part—not just surviving, but doing it silently, without letting the weight of it show. But through it all, we find a strength we never knew we had, because even though it’s hard, we keep moving.”
nostr:note1c5d3ka8vcfapjrrpg88yl05q4qnajttpsavmwvgnzkmmwdex882q2wycfs


This short video:

note1akddp4fwhdg0qkfqt9j4laldm3anfzcleszjl2x4d7w7hytfdk2snwztly


“The goal is not more dollars. The goal is a bigger bitcoin economy.”
nostr:note10swjg2w8886y92qwt82yncye03hk0z9edty2ay6sdh83q8ele2dqfq453r


“Bitcoin delivers you to your life’s work, it does not free you from it. You must do the work to make your dream a reality.”
nostr:note10zh96k0y522esnye5ejs27407kk7zapcw3w6z63ue45fukga5jrsuq2u8m


“…identify what's good for you and demand it. And don't get fooled by emergent behavior in complex systems. It might feel planned, but it just appears out of trillions of interactions”
nostr:note1p0t3cnww0q8p2z20s3d779jf5fdst0r35xfgwc54q5zxln92y7ksvutd03


“All that matters is front running the big money”
nostr:note12cwfn4eztt28muedrshhytwrjxr2476z6z7sjsgyf0zak2350yzq5p78gp


“We just entered the big leagues. Retail fomo won’t matter much longer”
nostr:note15zv2g7vd59ptnlgmrfjjvsl50y0sadnemg95lq7xqdggtx9w7rfsy9cmpx


Waiting for a robust defence of fiat money….https://media.tenor.com/gSpo_xn3NiMAAAAC/hop-on-the-cycle-frontier.gif


When you earn that piece of #Vibranium cake #Nostr #Meme #Pleb

“Bitcoin is a remarkable cryptographic achievement, and the ability to create something that is not duplicable in the digital world has enormous value” —Eric Schmidt, CEO of Google.

https://image.nostr.build/bb3a26b796004ab55233846d54b8435252f51f20e81ea9790aae3dc3ed6bae04.gif


You and nostr:npub1ng8zqsa04gzk5y4ch0nh43xrrpwqu27ydvf24s2cdzg5gv3upc7qycqjc0 both cheered me up today during a tough day in the fiat mines.

Appreciated.🫡


Very interesting, Chris. Thanks.

“I don’t think the state is all powerful. It has to work around the rights for which people stand up and the technology that enables those rights.”
nostr:note10cue89jxszrlz29ntdzfdhvscs5ap20t8d25509yn8985hzz0hgqdwejdn


Beautiful. Bookmarked as I want to read this many times to better internalise and appreciate.
————-
Minor typo spotted. You can easily edit on nostr, right?🙃

but rather than opinions

‘than’ should be ‘that’?


After my efforts a friend of mine spent £50 on Bitcoin which is still held at Coinbase….🫠


Money is created when a loan is issued. Money is retired when a loan is repayed.


“The best sermons are lived, not preached.”
nostr:note1up6rnu4gwrv69dln8zy94a0uykfq7xdvdgzhlss6jd8quvj6zc0qynfnqh


“The point of bitcoin is to replace fiat, not to replace gold…”

https://stacker.news/items/755779/r/halalmoney?commentId=755951


Nice. Just shared this with some normies.


🤣 brilliant


“…a neutral option is needed, for what good is it to switch from one foul apple to another ? “

https://stacker.news/items/228200/r/halalmoney?commentId=228245


“A world where all money is under surveillance is a suboptimal world…”
nostr:note1ypuzv3a5jdpz33j8r6pv86kwd9374a9nsfl8dnw9u50g6q2eh48smry2m7


“They don’t care about what is true, just that the rules are followed. They don’t want to feel uncomfortable within self-reflection, but to flee into the values of others they have been told are theirs as well and is the only right way to be.

It is a valorization of callousness, a celebration of conformity, and a religious respect for authority to such an extent that their own personal responsibility vanishes.”
nostr:note15mxx4q9j4ded59d50g0trf6kqkcmlg03ahn87qgmhua83w9fwvxsp9aaue


“FWIW bayesian analysis is what you want to use here.

Adoption is correlated to supply demand dynamics, but folks normally misguess the impact.”
nostr:note1rptzx3x8682cw3k4c0tyxtlwrq9rpvpzqxmlqsplqvg8cpz746nsjsl4w7


This could be useful if your cousin can get to London:

note12kav2etv4rh4vsas28vcy05wlhg963jgl5t6677ad2pacwhr9tzqgn3fng


“We asked ISS EVA to calculate how fast Nvidia would have to increase its economic profit annually over the next 20 years in order to justify its recent share price. The answer: 21.4%. Nvidia must increase its economic profit by 21.4% every year for 20 years. If it can’t do that, [its] recent stock price is too high.”

https://apple.news/AwTTUbVi4TMeF17C40rU3KQ


Withdraw my Bitcoin? No need. SAFU.


“This scramble for gold by central banks raises interesting questions about trust. It suggests that even they don’t fully trust the system they control.”
nostr:note1f793jmu05f5aua008p9hzh9sv5ez5d4wrh7nvxfpa6w05cu7kryspc0knl


“Bitcoin was not built for any one reason.  It had a number of different properties, without knowing which, if any would take off.

Of all of them, the SoV use case, was perhaps the most unlikely.  But it ended up being the one that caught people's imaginations.  Nobody knew at $7 that it would go to $70,000, but that's what happened.”
nostr:note10kxp74es2v2xkmgwf4akvcm93taw04rgvl7ae7vxzxe7spfv3nts25j7g4


Okay, okay, I'll do it.

https://i.imgflip.com/98mrc0.gif


Welcome!

#introductions

nostr:note15pfe2zwlvxfhl0yzv9l80rlgs6sqq8j59efyukhey6rnr57vmsjs6ngwyg


‘like vegan butchers’ 🤣https://media.tenor.com/T8NUkKuaGAsAAAAC/ohhh-whoah.gif


‘every single day the fiat system gets a little weaker and bitcoin gets a bit stronger’

I think I’ll use this line on ‘conservative radicals’
nostr:note1wggky0frz3ne34ngmuqyunzuyr950xz568el8rt7qd2ckrkvktyq9vxhfd


"this study provides the first example of the use of amputations to treat infected individuals in a non-human animal and demonstrates that ants can adapt their type of treatment depending on the location of wounds."

https://www.sciencedirect.com/science/article/pii/S0960982224008054


So, just as a quick reminder—Nostr has actually had quite a lot of funding. Even with around $1M each month, it hasn’t really seen sustained growth, so we have to consider what might happen without that level of support. If the funding were to dry up, it’s quite likely we’d see a real drop-off in users.

It feels like the relay network could have used more attention and funding early on. With that neglected, we’re seeing operators start to move on. And right now, there’s not much of a sustainable business model to rely on—practically no revenue streams. This makes it hard to envision a future without ongoing appeals for funding, especially to Jack, whose generosity has been key.

I think part of the challenge is that scaling just hasn’t been factored in. Simplicity can be great, but it doesn’t inherently scale. Now there’s talk of adding complexity through negentropy, which may end up fragmenting the network rather than improving things. It’s also easy to assume things scale by default, but most systems don’t—scaling takes deliberate work and careful planning. Nostr has struggled in this regard, and the NIPs have grown more centralized, which has also limited the flexibility needed for use cases and architecture.  Only #ditto has really made an effort there.

The social graph portability in Nostr is actually very promising. It’s an elegant solution—using hashes to identify users is a technique we know well and can apply in many contexts. Other projects like #pubky are experimenting with similar approaches, and it’s encouraging to see the potential there.

However, Nostr’s main challenge remains quite fundamental. For it to become financially viable, it would need to grow by a factor of 100, yet it’s currently at its limit in terms of capacity. And since investment in relays has been limited, the network is unfortunately in decline.

That said, I can see Nostr’s relevance to the Bitcoin ecosystem, and supporting it can make sense from that perspective, even if it’s a philanthropic investment. But acknowledging the current challenges is essential if we’re ever going to fix them. Right now, the developer experience could be much better, and the relay network needs more focus. Some clients are hindering others, and the project’s leadership has room for improvement, especially compared to other open-source initiatives. And there are substantial opportunities we’re missing, particularly around taproot and financial markets, again due to centralization and group-think.

In short, Nostr offers a rich space for innovation that’s still largely untapped. Proof of concepts are valuable, but they don’t necessarily scale. Generous donations have provided stability, yet a more targeted strategy could make a significant difference. At this point, though, it’s still a cost center with a limited runway, reliant on the goodwill of its supporters. #ditto, on the other hand, has potential because it’s built on a different architecture. And by focusing on Taproot-based solutions and market-driven models, we’d allow the free market to decide what works—letting successful ideas flourish while phasing out those that don’t.


“Bitcoin is a multigenerational project that transfers capital from the impatient to the patient while protecting against the political stupidity of a monetary system doomed to failure.”
nostr:note18y7xg76c3sc3zl5n23azkufey5f9xhetg0hhz0dz2yh03m6c792s9aw537


A message for all those chearing the 70k ATH...

https://video.nostr.build/a2c8d721f0034fe3951f86f1ac2e3166c5d8d656739c46a09c90eeec57945398.mp4


“It's far more comfortable for fiat heads, dollaristsas, Stablecoinists, incrementalistas and “Dollars on the Blockchain” infiltraitors to keep their heads in the sand, insulated in a lie bubble, lashing out at anyone trying to pull you out (Bitcoiners).”
nostr:note1hx6543vhk9pmm3v376zvs67sygq0ajl2t0vjgtp74n5fs4epgdsqgl3k8w


Yes. “Dollars only” - for earning and spending and cashing out on investments. But it would be mad to save in dollars.

There’s a strong case to make that Bitcoin will vastly outperform stocks and real estate over the next 5 years. So an allocation to Bitcoin should be investigated; a hedge against your own scepticism if you will.


Don't fight in traffic, unexpected things can happen! 😂 https://t.co/vhZrGFSu3P https://video.twimg.com/ext_tw_video/1850927669925609472/pu/vid/avc1/640x360/4BfnKhrInfNhX2HX.mp4?tag=12


Funny you should say that. When I saw this article I was wondering why Laura wasn’t mentioned! note16hlswyng8r48lp5xdv675gfm9v0lhcfshrhnywufljp72yy5e9aqyjvwgw


🤣 these Bitcoin one-liners live in our heads, rent-free


nostr:npub1g7lqk25fl24xd0zh7hr8jgp5smdy2eszjh9nmv7z7w85h6xcs9hq4u8yd9. I hope you’ve got a Bitcoin stack. Just in case you’re wrong?


Adam Black


Soft landing….🤣


‘Infinite money glitch’ something something Overton Window.

https://www.cnbc.com/2024/10/28/jpmorgan-suing-customers-over-infinite-money-glitch.html


What if Bitcoin goes up forever? 🌎

In this brilliant article,  nostr:npub1y0gaju64gxtw2utz9dud9ju9nlg7k4u7yq5exkxrcw85myplzdlsf5jxa0 explains how criticisms of Bitcoin—like speculation and the unproductive use of capital—mirror what the fiat system has done to housing. I’m thrilled to have Joakim on board as editor for my upcoming book, where we also explore this! Read the full piece here: https://thedailyeconomy.org/article/what-happens-if-bitcoin-goes-up-forever/


“What Bindseil and Schaaf fail to include in their analysis is that the status quo isn’t value neutral nor, by any stretch of the imagination, ideal.”


“housing does not — to quote a sentence from Bindseil and Schaaf on bitcoin — “increase the productive potential of the economy, the consequences of the assumed continued increase in value are essentially redistributive.””


“If a central banker believes that bitcoin is bad because its appreciation redistributes from those who don’t yet own it to those who do — without somehow productively enriching the rest of us — the fiat monetary system already does that on a trillion-dollar basis.

Example: the dysfunctional housing markets in most Western countries.”


“Bitcoin definitely has real-world, positive productivity impacts, everywhere from consumer sovereignty to electricity-grid operation to no-chargebacks to removing credit card fees and international bank transfers.”


At best, you are treading water. At worst, you are tightening your own chains.


When an incumbent whines about innovation in their domain they are signalling their own failings. And when you know they are lying about the innovation, it is definitely time to ignore them


nostr:npub1xcrkgfqejzgqaxle4jhmuyp8g0xpjvsug4yt6ayxw8r7p02j3gjscl60yf I’ve been to Oslo but not ventured out to the rural areas. Wishing you a pleasant day out in your farm!


“The European Central Bank’s arguments against Bitcoin warrant some introspection from central bankers themselves. If Bitcoin's redistributive effects are problematic because they transfer purchasing power from latecomers to early adopters, how is this fundamentally different from monetary policy that transfers purchasing power from those far from the money supply to those closest to it? Both mechanisms seem to create winners and losers through the redistribution of purchasing power rather than through productive economic activity. In any case, it shouldn’t come as a surprise to central bankers if Bitcoin’s increased adoption becomes an obstacle to the ability of central banks to dictate monetary policy. This has been a long standing goal of Bitcoin enthusiasts. From its inception Bitcoin’s self-professed goal has been to provide an alternative to centrally planned monetary policy.”

https://stacker.news/items/742833/r/halalmoney?commentId=742927


“there has been long periods when it would have made more sense to just stack fiat in the bank account instead of buying bitcoin every month. But there simply is no shortcut to building your stack. Everybody needs to feel stupid and be underwater (even Saylor), and eventually, if you persevere, you will end up with a nice bitcoin stack.”

https://er-bybitcoin.com/stackingem-volume-37-october-2024/


Yes. So often people overlook the historical reasons certain views/practices develop and then become dominant or fade away with the passage of time.


I zapped someone once, it was beautiful. So beautiful.

https://media.tenor.com/P_wiMZbNoxUAAAAC/trump-meme.gif


when the dev isn’t clear on the instructions inside the docs https://v.nostr.build/hkaJGYn0pjeXMpTA.mp4


I just made my barber cri ahahahahhaha
I'm such a bad guy.

GM guys, doing good things for others is the best way to find the happiness.

My barber had dengue fever and got a hernia surgery, he was closed for few months and now he works 2 hours a day. I saved the money for each time I wanted to cut my hair and couldn't and gave him all just now.
Now I look good, feel good and made my barber cri ahahahahhaha


“Bet on human ingenuity, rather than advocate for a return to the antiquated world of less energy consumption and less progress.

Those that encourage energy consumption will be on the right side of history.”
nostr:note1aun5xdqsr8qqur0ykq5afdlxyrdlaag0kuq78jeuxn4tq39g8hjsva460t


I was not expecting a YT video about this!

https://www.youtube.com/watch?v=7DeWh9UuwMY


That’s the one!


Marco, see below - The Plumber’s Apprentice

npub1d3e2rnra2psr3ph7n348ya80ue0cxaw62sc4h522vqcuayepaqssjz6a5


“Bitcoin's marginal cost of production, driving the value of every coin in the network with it, continues to increase relative to BOTH time and energy. Providing a perfect store of the value of both.”
nostr:note19asutn24mx3qsdx8y4z5zgllfr5pydgmh6445a0etd7d5adg6z8skh0zwt


If he’s close to London, then perhaps a visit to Cyphermunk House would be useful.

note1cwwk577tga3y3pvvwy74u9nndjafa82fq3mhpzjvjlhnjrpz6cuqzhhd7e


A world with less nihilism requires a  money which can’t be created ex nihilo.


1. https://www.currensea.com/

This enables a UK based person to buy in non-GBP with low fx fees

2.
https://azte.co/buy/online-stores?country=GBR

This enables purchase of Bitcoin

3.

https://bluewallet.io/

This enables receiving the satoshis bought under 2. before onward transfer to the freelancer

There’s probably a better solution but this is fairly non-technical albeit expensive.


A Nostr-native Discord killer that simply has:

- Circles (a la Google + for people-focused notes)
 - Tags (for topic(s)-focused notes)

Would be epic.

Tagging notes gets us away from compartmentalised channels, which silo discussions, often end up 'off-topic' quickly and limit flow.

Who's working on this?

#asknostr


"Every time your little Mario or Luigi character on the screen collects a coin, that's an unrealized gain," said Yellen. "Why are we allowing all those coins - not to mention all those power stars and power moons - to just sit in Mario's pocket untaxed?"

https://babylonbee.com/news/janet-yellen-proposes-tax-on-coins-you-acquire-in-mario


“The pitch is tilted. Crack on anyway…”
nostr:note1phkqujm4czkzmnpdqsqdp67ka8er5alvshanrv0009ujahkeawyq4qyh48


“…engage in noncompliant commerce and watch the statists cry…”

😂
nostr:note1nx7k9vhy0e846lyqmqch8tjqxrkhtalfwe0g2vl4e35xl0p3fqqqhzcq7k


Ideally, present Bitcoin to both and whoever is receptive will take to it.

In practice, I’d present it to rich people because poor people generally follow, respect, and take advice from the rich and not vice versa.


IMO: a pro-Bitcoin US trumps pro-gold BRICS


“IBM SWE-Agent 1.0 from IBM Research is the first set of software engineering (SWE) agents of its kind, only powered by open LLMs, that can autonomously resolve GitHub issues efficiently.”

https://research.ibm.com/blog/ibm-swe-agents


“…this massive power [of central bankers] often remains hidden in plain sight…

It's a reflection of how attention can be diverted… while the deeply entrenched … institutions that control the financial system remain unchallenged in their dominance.”
nostr:note1s962r692mgmh750jlqqtjpv6f606yfyqfdcq7ykamuu85zmzp5yqwlfdvt


but if you are truly paranoid, you’ll think the doctor is after your sats….https://media.tenor.com/hdIj05z6bTMAAAAC/futurama-sospecha.gif


Life hack:

1. Get confused at Hodl’s memes.

2. Wait for a note from someone who understands.

3. Follow that dude.


“The AI opportunity for Honeywell is creating a new labor pool that can learn and work alongside AI and accumulate and deploy institutional knowledge much faster. He said the 15 years of experience traditionally required for a human to handle a complex role can be accomplished at the same level by someone with five years of experience working with two AI co-pilots.”

https://www.cnbc.com/2024/10/14/honeywells-ceo-says-the-big-ai-payoff-wont-come-from-productivity.html


“Bitcoin… is the heckler in the audience, refusing to play along. It exposes the absurdity of the [fiat] system by offering something grounded in scarcity, energy, and time…”
nostr:note1snky7m4lgd47mhv40hxq4t9kwy9w6s0jkstjdfufgh3ncc9wy4aqekadvd


I like the comparison of bitcoin with Ariadne. Ariadne was the mistress of mazes, in that she helped people out of the maze. She also is perfect purity, which fits bitcoin quite well. She helped Theseus escape the labyrinth, but Theseus was a fool and he abandoned her - Dionysus, a paragon of virtue, recognizes the value of Ariadne and marries her. The arrogant Theseus lost big time because he couldn't recognize value. Lesson : be Dionysus, the true self in Greek mythology, and hold the thing of true value - bitcoin.


“…unlike other measuring tools you can own part of [Bitcoin]”
nostr:note13f8hc5u5c3ug68ar2u4hw6w5mtc7v2nexx00vte5m4wawnjgthmq3747e7


“…a ban is an open admission of practical and moral failure and is arguably the best advertisement of all. A ban is the Berlin Wall; fragments of any ban will one day become souvenirs of the folly and cruelty of repression. Bitcoin doesn’t force anybody to stay. They come, and then they stay, because they want to — because it is both practically and morally superior.”
nostr:note1qq8w40uheuwjykqmlfj3lyu4n4xwgl988ejly6cvghy5n3x69g4q4m6cgt


An interesting thought experiment!


You write so well.

“You don't have to love money, to value it as a tool and use it shrewdly. Money is a measure, and companies should regularly measure themselves: against their previous state, against their potential state, and against their competition.”https://media.tenor.com/IJz7HbdC_4EAAAAC/respect-hat.gif


halalmoney

Freedom. Justice. #Bitcoin

Discover insights from your Nostr posts: https://nostr-personality.vercel.app/

halalmoney.npub.pro

https://stacker.news/r/halalmoney


“We're protecting ourselves from pickpockets and the thieves are accusing us of stealing”
nostr:note1whjfxx30a6le9dd73z7mu59czexwgy8fag8u45d0x7ac4js9ewfqgnu980


All in good time….

note1j3p8fkcjknshulrdhvgcgpkqa5dr2zj3wvdx5984u29ptyjn0dase5fahn


“Bitcoin holders do not become more wealthy at the expense of anyone, since no one is cheating in Bitcoin, unlike in the fiat system, where the first users of the money are ACTUALLY getting wealthy off of the creation of money and inflation.”
nostr:note15qx3wzmlxcrjx8y837thknpksarrujvk78dxuamkaflg8c7ay6hqqpjnun


Another open letter to Ulrich Bindseil and Jürgen Schaaf of the ECB! Had to bring out some Gigi for them! https://image.nostr.build/a9693a668b8c8eaf301ab767f4d6d1a6cbb0fe88d398f8304d9f7225f8114188.jpg


I suppose from a central banker’s POV, the benefits of inflation are more widely spread as compared to the concentrated gains made by those early to Bitcoin.

e.g. if inflation is at 2% but my pay rise is at 5% then I’m ok. And for those who can’t secure pay rises above inflation then the government’s increased tax haul linked to inflation (fiscal drag, greater receipts from sales taxes) helps fund support from social welfare programmes.

nostr:npub1g7lqk25fl24xd0zh7hr8jgp5smdy2eszjh9nmv7z7w85h6xcs9hq4u8yd9 what’s the best argument you have in favour of the current monetary system?


“Doesn't it seem suspicious and strange to you that no important politician ever debates the central bank? That monetary policy is never critically scrutinized by the mass media?”

https://stacker.news/items/730875/r/halalmoney


bitcoin derangement syndrome dressed up in academic jargon:

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/e0153b70e85cfef35f3819d0c5cf5bcdd11e27ba1ff8002172b3b0a973858573.webp


“Tennessee--not taking care of 💩.”

https://stacker.news/items/729557/r/halalmoney?commentId=729588


“Bitcoin is simply humanity having figured out for the first time how to do proper accounting, and bitcoin is not money, but an accounting system that can be used however one wants”

https://heaviside.substack.com/p/the-forgotten-fourth-function-of


“…the notion of an index that is used purely for its peculiar property of uninflatability does not have a physical analog in the reptilian mind”

https://heaviside.substack.com/p/the-forgotten-fourth-function-of


“Our new Disaggregated Scheduled Fabric (DSF) for our next-generation AI clusters offers several advantages over our existing switches. By opening up our network fabric we can overcome limitations in scale, component supply options, and power density. DSF is powered by the open OCP-SAI standard and FBOSS, Meta’s own network operating system for controlling network switches. It also supports an open and standard Ethernet-based RoCE interface to endpoints and accelerators across several GPUS and NICS from several different vendors, including our partners at NVIDIA, Broadcom, and AMD.”

https://engineering.fb.com/2024/10/15/data-infrastructure/metas-open-ai-hardware-vision/


“As a tech person I always considered economic matters unimportant in the grand scheme of things, but Bitcoin taught me that, expenditure and intake of resources underlines every aspect of the universe.”

https://stacker.news/items/724982/r/halalmoney?commentId=725040


“Scientists suggest that we may never encounter an interstellar alien civilization, or even a signal from one, because every civilization in the universe likely hits a technological ceiling.

Looking at human history—marked by the rise and fall of civilizations, technological breakthroughs, and the absence of visible intelligent aliens—researchers propose that the technological capabilities of all advanced species, including humans, are not infinite.”
https://anomalien.com/big-alien-tech-problem-why-we-havent-found-extraterrestrials/


“When growth slows, the kings of big castles become bad emperors.”

https://newsletter.squishy.computer/p/natures-many-attempts-to-evolve-a


i wrote a reverse proxy that you can run on a cheap VPS that with a domain name with the wildcard configured on the DNS service configuration, combined with a wireguard connection, allows you to expose your home relay to the internet:

https://github.com/mleku/realy/tree/dev/cmd/lerproxy

my relay is now working very nicely, has an automated access control that allows everyone in your follow list to read and write from the relay, you only need to put your npub hex into the configuration and publish your follow list to it and voila

still need to do a lot more work on all of these things but i think that people would pay for being able to run a relay on their computer that everyone in their friends list can automatically use (just need to make the deployment a bit simpler so it automatically fetches the follow list by scouring the open relays)

i think i will try to focus on making everything needed to do this... even, maybe bake this reverse proxy into the relay so you literally just DM the relay bot, set your subdomain username, and zap it and it sets up a wireguard client and on the client side the relay lets you drop that wireguard client config in and the relay automatically connects up to it and listens for stuff

a lot to do but i know all the pieces required, it's just some time to make it happen


“Bitcoin is… not a past to be examined. It’s a future to embrace”
nostr:note15p595zetzuygnd4jy623qq4ymae0vynpaf4f9lgd67tv2q2a0tvqnd6fv9


“The researchers call their new method Linear-Complexity Multiplication—it works by approximating FPMs using integer addition. They claim that testing, thus far, has shown that the new approach reduces electricity demand by 95%.

The one drawback it has is that it requires different hardware than that currently in use. But the research team also notes that the new type of hardware has already been designed, built and tested.

How such hardware would be licensed, however, is still unclear—currently, GPU maker Nvidia dominates the AI hardware market. How they respond to this new technology could have a major impact on the pace at which it is adopted—if the company's claims are verified.”

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

https://techxplore.com/news/2024-10-integer-addition-algorithm-energy-ai.html


No.

The result of elections is already known: the government always wins.

Betting on which politician takes office is taking a view on the flavour of government’s oppression. You are adding the oxygen of attention to a harmful process.

There are more moral ways to allocate sats. There are better things to direct attention to.


An interesting read. Thanks for sharing.


Imagine if Indians embrace Bitcoin the way they have embraced gold!


<<Bitcoin… is a piece of the future invading the present.>>

Don’t Worry About Bitcoin
freemansperspective.com


“I don't care who Satoshi was. I'm more interested in what Satoshi represented: an antidote to today's norm of clout chasing. The way society continues trying to unmask them goes to show just how foreign this approach is to us. We just can't comprehend that someone would build something so important out of just the kindness of their heart.”

https://www.jtwoodhouse.com/the-satoshi-example/


This is one of the most powerful indictments of legacy media and censorship I’ve ever heard…

If you care about freedom of speech, take 7 minutes of your time and listen to what Lara Logan has to say.

https://v.nostr.build/02FRAClfs6YTdm4m.mp4


“The 'evidence' he found was just an exercise in anomaly hunting - resulting in confirmation bias”

Best sentence of the day!
nostr:note13ls59x3pwt4tajrdd4692adgrjadyfrhqq2pncjeffxgvuzmxz9s5m2d53


“…not everyone is able to go all in on bitcoin at a moment’s notice. Most of us still have our hands tied in the fiat world to some extent with our bills, salaries, and other financial commitments. But the more that you park your money, your flag, your stake in the Bitcoin nation state, the more you reap the benefits of it.”

https://www.whatisbitcoin.com/culture/bitcoin-nation-state


“It's hard not to follow the incentives, and there are incentives to short fiat.
To not follow the incentives you'd have to break your mind and become what the communists wanted people to become, an incentive non-following creature. Such a creature would end up taken advantage of, enslaved, abused and poor.

Shorting fiat also involves liquidation risk, so you're paying a price for it in the risk and the higher your leverage, the greater the risk.

Perhaps the idea that borrowing fiat to buy bitcoin is unethical is a psyop sowed by the powers that be to keep us from stacking more? Just a thought.
I tend to view it as a game. The goal is to maximize your score, which is the amount of sats stacked. If you don't play it well, others will and you'll be their victim.”

https://stacker.news/items/710100/r/halalmoney?commentId=710396


Rolled out new https://iris.to version:

* Zero-configuration zaps for new users: comes with a [npub]@npub.cash lightning address and an integrated Cashu wallet (cashu.me)
* ReplyGuy-free experience: automatically hides content by users not in your social graph
* "Unseen" feed. Click "home" or switch tabs to refresh.
* "Adventure" feed. Shows content from everyone in your social graph.
* Social graph based fast user search
* Better scroll position retention on back navigation

"Add to home screen" for better mobile use experience & push notifications.

This new version is based on NDK. I think it's a good idea for web devs to work together on shared core libraries.

Not perfect, but I'll keep working on it! If you preferred the previous Iris version, you should use https://snort.social which is basically it.
 https://image.nostr.build/2f997643856deed77cbb27eb68549fe5def27b3464f1d88d716c80badac0d354.png


“To me the calculus has simplified. Bitcoin remains the only true crypto. It is not “run” by anyone and almost everything else is, and ether has gone away from those Satoshi principles into the realm of technical and governance oligarchy. Human intervention, especially in matters financial, is not known to end well for the masses and we have certainly seen enough unhappy outcomes with centralized crypto thus far.”

https://apple.news/AN8jlgm25TyeEjct77dt_7g


Computer, show me a clothing based visualisation of my currency’s loss of purchasing power over 20 years.


An abosolutist attitude is not the way.  We built this protocol, we will use it for good.  Route round the bad actors.  Need a few cypher punks.


“I see good people accumulating wealth and helping others. This is what #Bitcoin  allows. Fiat corruption will fade the faster bitcoin gets adopted”
nostr:note185a9qa578ksxy0utut58dret6gtdg2y4pyg5xs59dj6c87gj453q7326h6


Why not both?

Idea: click here to skip this ad or press play to receive 1000 sats.


good morning fellow fedihamsters :ablobwavereverse: :ablobcatcoffee: hope #ruok day is helping u along

https://o.mastodon.au/media_attachments/files/113/160/527/449/201/848/original/b9f5d8171bd0fa92.jpeg


“I’ve certainly already had more meaningful online connection from Nostr than I have with any other social media in the past”
nostr:note1leu8hywny6k47yn8vzhp4mk3ae5syl2vg0pd3aswdcl8q36z3efsl58uc2


“One of my favorite things about Nostr is that nearly everyone I’ve interacted with on here is so obviously way smarter than me”
nostr:note1leu8hywny6k47yn8vzhp4mk3ae5syl2vg0pd3aswdcl8q36z3efsl58uc2


“We have it great on nostr, that anyone reads our uncensored notes at all”

nostr:note1krv4vd9n42ctzn5a9kkytcrhqrgxwrlu94wd7cg99dxwcwm7euvsj555y0


“evil is always a tiny minority, but unfortunately a larger minority always falls for the ruses they present”

nostr:note186su84xde6zqxugwnr6kuwtewr9k4qhqkh94qs5q6gdx0tqqqkmsznzmuz


The answer to the question: where does the yield come from?


https://v.nostr.build/aR1t2EqUrT7zBKZ2.mp4
#art #artstr #weirdstr #growNostr


Thanks Brisket.

I try not to get too caught up in the short-term Bitcoin fiat price hype but I'd be lying if I said it doesn't impact me at all.

You are right about the wider benefits though. Bitcoin and Nostr has increased my access to people who are (as far as I can tell) more optimistic and well-informed than most of the people I know.

In other news: today at the bank the guy next to me was wearing of those Satoshi/Nirvana t-shirts. I thought about speaking to him, but my op sec defences kicked in and I kept my mouth shut.


“programmable state money is total control over the population”

https://stacker.news/items/698419/r/halalmoney?commentId=698485


So, Bitcoin won’t soar in value by year-end and that’s a good thing?

I am ready-ish.https://media.tenor.com/_tT0mRfm0t8AAAAC/embarrassed-sad.gif


Random post, but you should it put it in your bitcoin powerpoint presentation for sure 😇

My main interest and knowledge is in game theory, geo-politics and sociology. I don't know shit about finance and technology, but still I know bitcoin is once in a lifetime opportunity.

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


Perhaps Wall Street traders are already experimenting this with personal capital. Perhaps it too soon for Wall Street to do this at the institutional level. Perhaps they are waiting to see how MicroStrategy’s strategy plays out.   One assumes the floodgates will open eventually, but the exact timing can’t be predicted.


Nostr as is + encryption of metadata


“the adoption of the Euro has marked a great consolidation of power for the Brussels bureaucrats”

https://stacker.news/items/697294/r/halalmoney?commentId=697670


We get HAVEN and Chronicle for relay runners on the same day. 🙏🏻 Haters in disbelief. 😡

https://github.com/bitvora/haven

https://github.com/dtonon/chronicle


While everyone is getting nervous about spam, say hello to Chronicle!

https://github.com/dtonon/chronicle

Chronicle is Nostr personal relay, built on the Khatru framework, that stores complete conversations in which the owner has taken part and nothing else: pure signal.
This is possible since writing is limited to the threads in which the owner has partecipated (either as an original poster or with a reply/zap/reaction), and only to his trusted network (WoT), to protect against spam.

Chronicle fits well in the Outbox model, so you can use it as your read/write relay, and it also automatically becomes a space-efficient backup relay.

Try it out, and let me know if you find it useful and how it can be improved!


You’re haven a good time, it seems


The WoT relay list is growing:

wss://wot.utxo.one
wss://nostrelites.org
wss://wot.nostr.party
wss://wot.sovbit.host
wss://wot.girino.org
wss://relay.lnau.net
wss://wot.siamstr.com
wss://wot.sudocarlos.com
wss://relay.otherstuff.fyi
wss://relay.lexingtonbitcoin.org
wss://wot.azzamo.net
wss://wot.swarmstr.com
wss://zap.watch
wss://satsage.xyz
wss://wons.calva.dev


Thought-experiment:

You are tasked with making nostr easy for new users of a nostr client. You are specifically tasked with writing a brief set-up guide for new users. What would your guide look like?

Here’s my attempt:

Hi there! To help you get started on nostr we’d like to set you up with a good number of users to follow and relays to connect to. We’ll connect you to free relays and users we trust. You can always change this later in Settings. To get started just click on the     topics, preferences and mute options below:

Topics:

Breaking news

Sports

Music

Technology

Politics

Preferences:

Filter out NSFW content

Don’t autoplay videos and audio

Mute:

cryptocurrency

Bitcoin

carnivore

vegan

Click here to get set up!


‘If it's interesting, people will read it.’

https://stacker.news/items/185327/r/halalmoney?commentId=185523


Very interesting! Most users will not put up with a difficult initial experience. Thanks for thinking about this and sharing your thoughts.
nostr:note19m8sd3f6su3wv0rpx8rxc4glr63lsn2zwy0qmat0wq04xjhhl3ssujkjm3


Son, it’s based not just on debt, but also the threat of imprisonment, plutocracy, a dumbed down populace, perceived high exit costs, excessive conformity and bad incentives.


Longevity achieved by selling one’s soul may be the peak of self-inflicted rug pulls.


‘Nostr improves on the status quo by preventing platform lock-in’
nostr:note1fp8sed8nxwp4pndrduwswp5gxwzrwc6mjsxdem9dsutxa0d49fwstzfv0r


‘once [psychopaths] can get you to loosen a rigid rule to become a "once is ok" it's an inevitable downhill run until total corruption’
nostr:note1d30h9ty3xudn4unk9x9k7uys3jpelwk0mz3ak5nn42q5njg92t9s4zrz79


‘work with your shadow and you can conquer all’
nostr:note1qlxgrd0h6stu2s3ct0wqklat7rqlsvat9zh77ux6rk9xz5eu2r7qela0g3


“Silicon Valley selects for highly (over)confident founders – people who are willing to gamble big on contrarian ideas that have a low intrinsic probability of success.” That may be good for innovation – and for venture capitalists, when a bet they’ve made pays off. But it might not always be good for the rest of us. “[SBF’s] luck was almost inevitably going to run out at some point,” he concludes. “But we all got lucky that it ran out as soon as it did.”

https://apple.news/AHRuWZvcwR667hpe-6b7NxQ


Be like Bill!


“Tension building between two of my favorite adages:

Unsustainable things eventually come to an end.

The market can stay irrational longer than you can stay solvent.”

https://stacker.news/items/693220/r/halalmoney?commentId=693255


‘One of the greatest threats to U.S. economic stability today is not an external foreign power but domestic fiscal irresponsibility—specifically, Congress's unchecked spending and the resulting accumulation of debt’
nostr:note1d0y4txtl9m7ckz08ju9kveupd7k80lt6u6nqlz8q9yp9h3gscasqg4r4re


People complaining about Nostr clients have social media privilege. As a Brazilian, I am just glad it exists.


You do not change Bitcoin, Bitcoin changes you…..


'The American dream is dead on [the] fiat standard, but alive on a Bitcoin standard'
nostr:note104tvaq5c6xfq377853cgns0u8lrdj7aq9a4ujeu3rwmncd8xjk6qmnwqhd


‘Flat-rates also have an incentive to exploit their capture of you during the billing period. Amazon Video suddenly started showing ads, extorting another $3/mo to remove interruptions from movies we already paid for.
Szabo is correct about payments causing friction, but overlooks the utility of friction and that practically any friction can be countered. It's day 1 for zap science.’

https://stacker.news/items/691251/r/halalmoney?commentId=691528


‘The "warm glow" is a good way to describe it. I've tried to liken zapping to tossing some money in a street musician's hat: it's a donation but also a payment. It's not exactly charity, but it's also not required.’

https://stacker.news/items/691251/r/halalmoney?commentId=691356


‘The voluntary nature of zaps has something to do with why they don't feel like annoying micro transactions…

Zapping is kind of a politeness thing now, too. So, maybe I need to account for that.’

https://stacker.news/items/691251/r/halalmoney?commentId=691738


‘This post reminds me of poker, where an aggressive player will always abruptly make a bet to force you to make a decision on whether or not you want to pay to see the next card. The aggressive strategy is known to, over time, cause competitors fatigue and frustration as the aggressor is indirectly putting pressure on a person’s livelihood, their survival, every time he forces you to decide whether to put more money in the pot. That’s stress-inducing. However, on SN, nobody is requiring anyone to do anything, but the way of nature makes us, social creatures of Earth, want to share and spread wealth among the community.’

https://stacker.news/items/691251/r/halalmoney?commentId=691676


Farley, your notes are great! I hope your stacking is as good as your writing!

‘Inflationary pressure can lead to increased premiums, making insurance more expensive for consumers. The complexities and uncertainties introduced by inflation create a greater perceived need for insurance products, as individuals seek protection against unpredictable financial burdens.’
nostr:note1mhdjkewkvrtmahac0mntnuz4ht23f6g6lvtdnnq0g389knxckcsqff2f52


‘everyone can own the most pristine asset in history’
nostr:note1e3nfltnf4twyk2kcrztjhk0w3ek09lkrr8dtdex3krc7se92empqrdctwy


"When we don’t fully understand how ions behave at the water’s surface, we can’t make accurate models for climate science. And in a world where understanding climate is crucial, having an accurate model is everything."

https://www.earth.com/news/new-discovery-water-molecules-will-force-chemistry-textbooks-to-be-rewritten/


‘fiat money can only survive if prices go UP’
nostr:note1wgs477amehjfpq6yh0jhjg760kwcfpdl22m4pyatezslfmczy0uqflrjmx


‘Inflation is a tax you never agreed to pay’
nostr:note1wgs477amehjfpq6yh0jhjg760kwcfpdl22m4pyatezslfmczy0uqflrjmx


They don’t know about risk free yield on Bitcoin


Cross-platform baiting for a higher purpose….https://media.tenor.com/xRDQoklBuWkAAAAC/chuck-norris-approve.gif


‘Bitcoin realized that the problem was the gross OVER financialization of the world, and the pointless gambling of the fiat financial and political apparatus that had caused staggering imbalances and trillions in misallocated and wasted resources’
nostr:note1lp9ujmhm533ularpm05mdff2f8k2hy3zqpz3n7hq584v44artk0skzrx4n


‘The value case for Bitcoin was always just fixing the money’
nostr:note1lp9ujmhm533ularpm05mdff2f8k2hy3zqpz3n7hq584v44artk0skzrx4n


Talent hits a target no one else can hit; genius hits a target no one else can see

Schopenhauer


#OtherStuff is our chance to break away from the Influencer Paradigm and turn to an Information Paradigm.


‘Whoever wins the technology war is going to win the military war”

Ray Dalio, quoted by CNBC’s Lee Ying Shan


Society is shaped by the tools it frequently uses.

A: When society uses bad money 5 this has a far-reaching second order effects - mostly negative.

B: When society uses true money it will likely have have positive second order effects.

Bitcoin is the best way to take us from A to B.

Embracing Bitcoin is both the right thing to do and a good ‘investment’.


It’s impossible to predict how things will turn out but the sense of optimism amongst Bitcoiners and Nostriches is worth the entry fee!


WoT is a big thing here on nostr. The big question is whether this concept can reach a wider audience.

The current system has a pretty attractive incentive system: take loans, buy real estate, beat inflation and turn a blind eye to the zero-sum-game implications.

There is great potential in the cross-weave of Bitcoin and nostr, though i.e. the prospect of becoming wealthier and freer by withdrawing from the status quo.


nostr:npub1xvtwx6tduaxnn9v3y7uasskl277achgu0tu2qncmc7hdsz6y2zyqce64sa
nostr:npub1fjqqy4a93z5zsjwsfxqhc2764kvykfdyttvldkkkdera8dr78vhsmmleku
nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl

I had a quick look through who you are following and it seems you are missing these 3 awesome npubs.


‘One of the fundamental incentive problems in politics is pandering to special interest groups. Benefits are concentrated, while costs are dispersed.’

https://stacker.news/items/685640/r/halalmoney


On the flip side, you could be right.

In which case, don’t forget about good ‘op sec’ to avoid an unnecessary security risk for you and your family.


‘In a world where power dynamics often lead to abuse, decentralized technologies represent a natural counterbalance—limiting opportunities for control-driven corruption and empowering individuals with fairness and transparency.’
nostr:note1m3839shpvcz2e5ec9mc96kftn0hxnjs6z220s4yuuy8h9yxqhptqjr3ejw


Operational security

From managing volatility to embracing it

Lump sum vs dca


They don’t make open air prisons like they used to…


Justin’s posts on Stacker News have given me a lot of food for thought.

Thanks all for what you do for Bitcoin and similar things.


‘Money is the governing system of humans, but we pretend like it's not’
nostr:note1u28telh7t893gup2kysz4nzmzpe5t6xgyfr73ng2c884kmneh2nqp60avv


Make Walking Great Again


‘Those who understand hard money better than others will necessarily accumulate more of it and earlier.’
nostr:note1hk0uplwpwwwqjptn0ydpm224tnrdq5jlfv4kcat9cldxx60cshlsmw50em


Profile picture, tjay


If your eye starts twitching around normies, another Bitcoiner will notice and reach out to share your pain. You may have to wait a decade though.

https://media.tenor.com/QSYe4T_HPKMAAAAC/eye-twitch-eye-twitching.gif


Sometimes I follow an npub mainly because I like the pfp.


Reuters fuds Bitcoin. Curiosity awakened.


Nice!

Let’s start casually dropping “tools for your freedom tool-belt” into conversations.


What a beautiful photo!


The sooner newcomers to Bitcoin internalise this gif the better….

…stay strong even if it all goes wrong

https://media.tenor.com/_tT0mRfm0t8AAAAC/embarrassed-sad.gif


Good advice.

What do you mean by no guaranteed chance of success? That a person may not execute his Bitcoin plan properly (e.g. loss of keys) or that Bitcoin as a whole may fail?


Nice conceptualisation!

One man’s politician is another’s violence broker.


Britons have £430bn of excess cash savings, research finds

Emma Dunkley, Financial Times


‘What we do with our attention is the most important thing we do everyday’

…I had better stay off nostr for a while.
nostr:note1lmrjyyc4ljfx8tegy38qp09y0sy64gcr69hng88dlpy9g3v0htyqr4fute


The price may be immaterial in terms of privacy but it it could still be significant in other aspects - e.g. a life enhancing increase in wealth


“Now that the vast majority of publicly-listed bitcoin treasuries are within the United States, and the market capitalization of USD stablecoins has grown to over $120 billion, the tasks remaining for the bitcoin-dollar architects are few; creating infrastructure for highly-regulated stablecoins backed by USTs, finding a high volume online market to generate non-domestic users and monetary velocity for said dollar instruments, writing legislation in congress that enforces capital requirements and neuters algorithmic alternatives, and finally manufacturing consent within government to pass said laws with strategic lobbying efforts led by those closest to the digital dollar spigot.”


“Since acquiring Xapo’s custody service, Coinbase Custody has been hand selected by 8 of the 11 approved spot Bitcoin ETF issuers, notably including BlackRock’s iShares IBIT offering, currently the largest ETF in the industry. Within the IBIT S-1 filing listed risk factors, it clearly states that “Prices of bitcoin may be affected due to stablecoins (including Tether and USDC), the activities of stablecoin issuers and their regulatory treatment.” “


“Promoting dollar-backed stablecoins would follow a well-trodden path and offer clear near-term benefits. There would be an immediate, durable increase in demand for U.S. debt, which would reduce the risk of a failed debt auction and an attendant crisis.”


“By creating a robust, heavily margined ecosystem perpetuated and overwhelmingly supported specifically with inflows from dollar-denominated tokens, Tether and the like have pegged the short- and medium-term success of the bitcoin market to the dollar.””


“By expanding the Tether market cap to [$115 billion] during the first dozen-or-so years of Bitcoin’s life, when [94%] of total supply was issued, the U.S. market made sure the value being imbued into the now-disinflationary protocol would forever be symbiotically related to the dollar system…Tether isn’t simply “tethering” the dollar to bitcoin, but permanently linking the new global, permissionless energy market to the United States’ monetary policy. We have recreated the petrodollar mechanisms that allow a retention of net purchasing power for the U.S. economy despite monetary base expansion.”


“In June 2023, Xapo became the first “fully licensed private bank” on the planet to integrate the stablecoin USDT issued by Tether as an “alternative to SWIFT rails.” While much has been written on Xapo’s intensive efforts to safely custody their hefty stack of bitcoin for their clients… it is but one half of the critical infrastructure needed to successfully “tether” the oncoming appreciation of bitcoin the asset with the U.S. dollar system.”


Whitney Webb
@_whitneywebb

The biggest banks and a cadre of spooky currency speculators have funded and now control most of the infrastructure underlying Bitcoin (energy, chips, ISPs, + general crypto infrastructure), with the openly stated goal of having it be only an asset you don’t and can’t spend. The US government and this small elite faction hold most of the Bitcoin, and once their financial control grid is complete, inflate its price through the roof. #Bitcoin
https://x.com/_whitneywebb/status/1833584301025480723


One possibility: the banks will co-opt Bitcoin.

Another possibility: Bitcoin will co-opt the banks.

Whatever happens, I think #Bitcoin is a net positive for society.


‘This is not some commie utopian experiment. This is survival of the richest’
nostr:note1g35d79mrvazjtwa7x7qptltthpjgpgfk957x7z6rqh5d88swy5wqyr55la


‘The real enemy is central banks printing up money out of thin air, not custody’
nostr:note16qadhkprtf7cuklp0yjezx93lgsmeqjqapq704ltz9np83sntsvqra5llx


New in ShockWallet and Lightning.Pub: Static payment codes over Nostr provide a more performant, private, trustless and decentralized replacement to LNURL and Bolt12

Play around at demo.nip69.dev

https://cdn.lightning.video/bd926eaa77a9a1046afb12faabb268be925b01d952edc3ce19d092f258ea3572/4WyiE6SuFQ.mp4


Speaking of doing one thing really well, this app provides a master class in deconstructing your own nostr personality. Take a look!

https://nostr-personality.vercel.app/


This may be the best app in the world:

https://nostr-personality.vercel.app/


‘The unethical element of the climate apocalyptic cult is that they tap into the resources of the anonymous masses with audacity.’

https://stacker.news/items/677677/r/halalmoney


Amrush, you’ve given me a reason to pick up al-Qardawi’s Fiqh of Zakat from my bookshelf!

I note there’s a potential dichotomy in the view that money ought to be under the remit of the state (in the interests of  avoiding chaos) but also treating Bitcoin as money when it comes to zakat.

On a wider point, it saddens me that most people seem disinterested in monetary matters even though money is arguably one of the most important social constructs and that its societal impact is so significant.

I also think that the absence of monetary justice facilitates widespread oppression. Therefore, a decent understanding of the current and a better monetary system ought to be more prevalent - if people really care about justice.

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/ee49750e78039743d4e7e4e4d858cdf24fb8bb8cfef9b3b095d4214835113352.webp


I’m was told to get on #Nostr and do an #introduction

I’m James and I’m here to decentralize my life and stack #bitcoin for generational wealth and to change the future of how money operates. I’m a simple man that enjoys nerd shit and spending time with my wife and dogs.

I need some fellow bitcoiners and nerds to follow so hit me with an interaction so I can follow you!

I’m already thinking of deleting my Twitter account because it is so damn toxic over there. Using the #Damus app and Nostr seems pretty clean so far. ❤


Nice intro and I like your profile picture!

I hope your nostr experience is good.


Beautiful!

‘Focusing on small steps forward is harder [than defeatism] but the only way to live’
nostr:note16fxg2auujf2um3g64zjxkp9zc0yd4h82vdg3krtz47p7l8d5g68q53kdfd


apparently, you need to follow lots of people and respond with good comments. otherwise, the lack of interaction will likely drive you away

#introductions


I think there’s a fear of deflation as we are so used to living with currencies which are, as a matter of government policy, supposed to lose value at a steady rate (2% inflation target).

One interesting view is that if Bitcoin succeeds it will give people more time to discern what to spend their money on.

Are you aware of nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe ‘s work? It gives good reasons to welcome technology’s ability to make lives better and not to fear deflation.


testing, testing, 1, 2, 3

#introductions


Thanks for this note.

There was a recent conversation between church of covid19-84 and Dean Burton which you may find of interest.

note1g8dzzhctav9y57fwgpts2nrgdeca800vdv9c4qpwnvx5hmg4r5ys0v5rtj


More details please!

‘There's a discrepancy between Bitcoin's functionality and the rhetoric promoting the Bitcoin standard’
nostr:note19tynkwcx4w989jgmxd8lqlhkflzpkekd96vcrkv8paqarzyn7sxsmsg6n9


‘A socialist society is parasitic [in] nature, and the parasite in the end always runs out of hosts.’
nostr:note13emw8hhkpzl94dpmd83hja3v3ekw58a5ekqtknd9vznhpxcq0yeq6lzl3r


The initial payment goes to the client but yes, you may end up facilitating more sats going to your ‘opponent’ by engaging. On the other hand, if your comments/gaming the system are ‘better’ you’ll end up with more sats.


Even though 1 sat is worth next to nothing this charge to post changes the way you note for the better, imo.

-

How Do I Earn Sats on Stacker News?

Stackers reward each other for their contributions by zapping them with sats.
To start earning sats, you can share interesting links, discussion prompts, or comments with the community.
Beyond the direct payments from other stackers, Stacker News also uses the revenue it generates from its job board, boost fees, post fees, and stacker donations to reward stackers that contributed to the site with even more sats.
Every day, Stacker News rewards either creators or zappers with a daily reward. These rewards go to stackers who either created or zapped one or more of the top 33% of posts and comments from the previous day. The rewards scale with the ranking of the content as determined by other stackers.

https://stacker.news/items/349/r/halalmoney


Stacker News - definitely Bitcoin and Nostr adjacent.

https://stacker.news/r/halalmoney


‘america has so much potential: we have so much available space to raise high-quality crops, ruminants, hogs, chickens, literally anything we want.’
nostr:note1clsavu4unn0pxwf2nrd2cxuuzt2h2wv24mvwsde4x8zxn63cvylqduqaqv


Nostur does this for you at the client level.


Over the past few weeks I have proven to myself the possibility and feasibility of creating a 'wallet' that exists independently of an app, device, or platform. This will drive the regulators crazy because their strategy is to lean of the platform providers, who in turn, lean on the app providers.

The 'wallet' uses redundant relays and blinded mints, so there is no way to track or shut down at any point of control.

I am not doing this for nefarious purposes,  just proving that it is
#unstoppable


An introduction to Bitcoin treasury strategies and management


3 word concepts on nostr today:

Free air guitar
Living in poverty
(ItsNic)

Open to creativity (Colin czerwinski)

Feds infiltrating nostr (Marakesh)

Positive relay stimulus
Reply guy evolution
(Daniele)

Create something extraordinary (Isolabell.art)

Moral high ground (hodl)

Opposite of progressive (Aureliano)

Manufactured civil wars (Joel walbert)

Adjustable WoT settings (7fqx)

Paywall for spammers (derek ross)

reply per relay (svoboda)

Buy cheap corn (Sergio)

Hall of mirrors (eye reply)

Deliberate dev antagonisation (nunyabidness)

Prime stacking opportunity (dr jeff ross)

Block by picture (vitor pamplona)

Share more truth (rose)

Unpaid content providers
Balance brings abundance
(kevskewl)

Focus on building (kevin’s bacon)

Restraint involves effort (bitcarnicoin)


‘don’t quit your day job, get a better one. Meaningful work is a blessing and being able to choose where and how you work will be possible in time with the security bitcoin brings’
nostr:note14kpkme93va9jgfkd8husuuu09zmusfm62zycgq87z6e8yadvrxjsmkf934


‘bitcoin is a new weapon against the money printer’
nostr:note1wu40hdq9hetgej6jty904phf6xduh73rgjfd6gfjchwsslccavnq5gh07x


The development of new ideas and more knowledge is the biggest growth accelator, for society and individuals alike.

>> I’m not convinced this is correct. I think the incentives of the systems within which we operate are possibly more important than knowledge in terms of growth accelerants.

Therefore, please tell me, if your objective was economic growth, should you rather spend time with and talk to someone who was totally different from you, or with someone who was almost identical to you?

>> It depends. If the other person is ‘too different’ I may not be able to comprehend his outlook. The energy lost to the cognitive dissonance (when encountering someone wildly different) may detract from understanding the alternative views/methodologies on offer.


Government trying to seize your bitcoins from your cold wallet

https://video.nostr.build/aa94112b49a741f0f50aade846bcb71f3414a9b4cf02025bd1b83b21ae4f9414.mp4


Nostr has a good chance of becoming  the best way to avoid censorship.

It’s early in its development and can be frustrating for new users.

Over time the UX will improve.

People who value censorship resistance, freedom of thought, freedom of speech and the like over UX are likely to be the first cohort.


‘Let's truly have a public square instead of a bunch of walled gardens.’
nostr:note19s0sxfdkge4y6dw4llyfhwfw674w6ejyrz7u792pwacl7x9v7ecsjv7nu0


‘it becomes easier to receive [Bitcoin’s] signal, the more society is burdened with fiat, bad economic policies and the impact these things have…’
nostr:note154xhcevu424rc6lng8jzug9fhkth4yvh34stu8vr0az4nt8m97dqgd37pz


3 word concepts on nostr today:

Fix your diet (vinney)

Late diagnosed ADHD (katie)

Nostr derangement syndrome (will)

Gaussian distribution curve (dean burton)

Purpose built relay (oceanslim)

Societal mind control (dr jeff ross)

Break monetary barriers (kane mcgukin)

Glucose from gluconeogenesis (today I learned)

Racist equity laws (bitbuybyte)

Build local communities (rose, the beave)

Designed to demoralise (tucker carlson via poblof7z)

Tree of relays (someone)

Mobile file system (laeserin)

Device based functionality (cappynate)

Quality of content (henry)

Silent about genocide (kevskewl)

Not needing bitcoin (niko konsensus)


If you tax unrealised gains, you’re going to kill the stock market. - Mark Cuban

CNBC


‘Is it any more moral to dilute the…purchasing power of the money you hold in your wallet than it is for the farmer to dilute the milk supply with water?’
nostr:note1tnjfdfuhw5ezgeu3gt2gf7ac6mdzc8v28whrnaunyvg5wt7exlcsdvyjfd


‘There's a reason Satoshi called it a time chain. It's truly finite. So the math will become as fair as nature can allow’
nostr:note1dgdnzdnjry99qp7d9n70mk03sxpwcxstcrthrtdgrspt4j2kmgsqg0k9xs


‘Over time UTXOs will shift from those who do not produce value to those who produce more value’
nostr:note10ss40darpesq3pstlpcfgdgjw7rnlwu5k76dt830em53y5hsc3gq62wqkx


‘Bitcoin is a base layer shift in the protocol of inter-human communication.

What is Bitcoin communicating? Value.’
nostr:note1uzgfrqckr8t0kl96e3rpj96s4e348cpxh3f4mdcwpesku6ww3amqfz0vs2


‘Money communicates preferences since value itself is subjective. It is this dance of moving preferences that orientates the activity of humans around the globe.’
nostr:note108y24yaxcutzsemwauf4x6whtgcjcnvcyle353uvxypy6tduntvq4tr2ac


nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg

https://blog.nicolas-dorier.com/posts/cashu/


‘seed Phrases on Pennies is cheaper than buying washers’
nostr:note1k2yg2wmjmrh48r4ayvn08g9rn25kr2tq4877ng7cen7nqq23d7cq3s3shv


‘mathematical scarcity is needed to measure value, in the face of the infinite abundance of the universe’
nostr:note1ywqmuwmpu8gfstdj9r8sxhr8ha9d8lf4r60d8yfc0h0wyyv2phsss5wnhu


‘Censorship is absolutely native to any government.’
nostr:note1jqgk7e62yugz0gjzqnxmpu2q2s80gg6myzdwkfqffhgtu2nqg6jshghgmp


The lady says ‘deep state’ in a mocking voice.

https://media.tenor.com/mpmbsd82G14AAAAC/wolf-of-wall-street-jordan-belfort.gif


Rob, that’s interesting.

Did this spill into your Bitcoin journey?

With the benefit of his sight, did you overthink what could go wrong with Bitcoin before deciding to embrace it?


‘For the first time we have a sovereign, liquid and global, bearer asset that actively counters human efforts to make more of it for less effort, and instead requires more time / effort / energy to get it as time goes on.’

nostr:note1fsncsjmfhnhlp5s8ppdd5w7fk7937n4vtcw3wu3xf4y962gc036qdm6ced


3 word concepts on nostr today:

Avoid brain rot  (lux)

Unlearn legacy habits (abh3po)

Local cached notes (rif'at ahdi r)

Nocturnal hyperbaric session (criscyborg)

Declare monetary independence (bitman)

Production over scrolling  (jadi)

Nostr is quirky (eshara)

Be like steel (j)

Terrible onboarding experience  (laeserin)

Full account takedowns (bluesky via Derek Ross)

Bitcoiners appreciate optionality (big barry bitcoin)

War of ideas (rue ostgard)

Bitcoin adjacent reading (rj)

Freedom protocol enjoyers (deeznuts)


Robinhood lets Brits lend shares for extra income

“I doubt the consumer understands the product but then they don’t have to.”

CNBC


Jim Cramer: This market’s so ridiculous, you can knock it over with a feather or take it up with a breeze.

CNBC

https://media.tenor.com/5Rgj1EV2rpUAAAAC/marx-brothers-groucho-marx.gif


Quick little damus notedeck demo. Enjoy!

https://cdn.jb55.com/s/notedeck-demo.mp4


That’s an everyday concept on Nostr!


3 word concepts on Nostr today:

Nip-05 mapping (Tim Bouma)

Node world order (Satoshi Nakamoto Institute)

Genes and memes (Laeserin)

Post original stuff (Jonathan Corgan)

Social key rotation (hodlbod)

Key handling practices (Luke Dashjr)

Delegated event signing (Sep)

Non-functional fiction (IMNVSO)

Idea to medium (Colby Serpa)

Dopamine delivery system (Matthew D)

Bitcoin nullifies Marxism (BankSith)

Personalised life hacks (SatsMcd)


Perhaps my confusion stems from your linking of values to achievements over adversity.

Can’t we also point to the goodness (or otherwise) of a concept through other means such as

-visceral reactions
-thought experiments


‘False weights, measures, and money--like government fiat currencies--give you a distorted and misleading picture.’
nostr:note1ytsp0n6nuz8uufar0jaaje420zu7r5eln52ze4p3lwjxd33jcf2qmkcld7


‘beyond the two-party company town lies the frontier. That’s where we’re heading’

🤔 interesting!
nostr:note17wreg30acj0skxhsvtd0k0pj7e4zjudm5x22wqjr6s2fc5dj3c0qddn80v


Nice one, Colin!

‘what we choose to focus on and how we shape our intentions are just as important as the effort we put into the action itself’
nostr:note1dj378ff63zhn0tltfdel2ssfe6l0nksy8t6pn25ve6j8vsvfn8qqr0fr4f


The state and the large corporations are two sides of the same coin.


‘That's when the next test will arrive: whether model portfolios, one-stop investment products that financial advisers increasingly rely on when making asset allocation decisions, will add them to the mix. Even some of bitcoin's staunchest adherents admit that lies at least six to 12 months ahead.’

https://apple.news/AOqe7CzBJQFOcJr7DH7MkgA


I quoted those words because I found them interesting and confusing!

As for your comment, I think one has to choose how to exercise a particular value given particular circumstances. E.g. molten lava is heading towards me, I choose to courageously run away rather than courageously wait for the lava to kill me.


‘Values are not objectively good or bad. They are abstractions of a people's achievements over adversity.’

nostr:note1l480hqxztuz9wvh8458s3rve92dr7xl3jla6wr993tyyaa0ncm9qjjqsjl


3 word concepts on nostr today:

Quality reply trees (protocolSociety)

Better curation tools (corndalorian)

Chain split risk (Melvin Carvalho)

High signal crossroads (Joe Duke)

Wired to signal  (Lyn Alden)

Quality of participants (Des Imoto)

Value your energy (nopumpfakez)

Retarded & wealthy (SatsMcd)

Deeply personal decisions (Trey Walsh)

Go big early (Hodl)

What really matters (pam)

Robust data transfer  (Jeff Swan)

Know your power (Latrica)

Bitcoin is Venice  (Nic)

Clown world calibre  (btc_p2p)


‘Legacy socials created a trap, a prison in people's minds. The same people who look to government to fix problems. They look to the owner/ their leader to solve them.’
nostr:note152skwpushevgsgzjy8lzthv0f6mfqkwxlu2k6udclmr7aumwxmaqf0mkqx


‘without something like proof of work as a real world cost there is no apolitical way to reach consensus’
nostr:note1h8ezg9agncydxqxrge7t0zhevl347ta46ylvxhg5m9yma4dtvzhsrlc0mz


‘triple entry accounting doesn't work if you don't… link back to [the] original issuance’
nostr:note1h8ezg9agncydxqxrge7t0zhevl347ta46ylvxhg5m9yma4dtvzhsrlc0mz


‘curate your graph deliberately. Use the network, don’t let the network use you’

https://media.tenor.com/ow131j-ibe0AAAAC/cat-high-five.gif

nostr:note19hyjpm6f9lmuhey27syryjefy9dhugsgt854vsh5sn55kttadngs8cjcsx


Yes. People with little time and little disposable income are unlikely to get early-bird seats at the bitcoin circus/carnival.

C’est la vie.


‘restriction and limitation are actually the mother of creativity’

Without fiat currency (with strings attached), there’d be no bitcoin (with wings attached).
nostr:note14rf78dxw506d556dyuwtc2usg0qysf9vmma3hhzqd8l09265k9dq7r8red


We are extrapolating past learning challenges into the future. What was hard to understand in the past will become easier.

Just as the average Joe is now forced to understand inflation, he may also be forced to understand possible exit routes.

There was a time you could live normally without the internet; now we live in a time where it’s hard to get both young and people off their digital gadgets ( said the dude typing on his phone ).

Things change, hopefully for the better.


‘those pesky reptilians’ 🤣🤣🤣🤣


Some thoughts:

1. Price is set at the margin.

2. If your thesis holds true, the value will stabilise at around $1T because of 1. above.

3. Point 2 will erode the ‘speculative investment thesis’ and attract capital from ‘conservative’ investors.

4. If so,  scenario 2. will erode and the price will go up because of 1 (net buying > net selling)


‘We do not want the status quo to continue… The negative externalities are all too obvious’
nostr:note1y2kqf95j90h879krzr9p20f85rmj2t8juwqh5c6qvxw90kch6l8sj6yy6s


What I find strange is that many people still don’t want to study Bitcoin even though it’s now in the trillion dollar club.

Maybe they think it’s too late. Or may be their ‘social circle’ is not interested so they have no peer pressure to take a look.https://media.tenor.com/iC7wy8xqkZUAAAAC/fans-audience.gif


Try clicking follow and then don’t do anything else for a bit.


Look after yourself but also respect the devs whose tools you use without any/much payment.

‘You are protecting yourself while at the same time protecting Stacker News from possibly over zealous regulators.’

https://stacker.news/items/668790/r/halalmoney


‘We are a home for the people who need censorship resistance the most. That is why we exist. We don't have to meet some quarterly sales target.’
nostr:note1djzss8l63ct0cy5n6naqh2ekgdtqxafc3yjkm0kam9wm4wm5fdds3hte8c


'...natural language is a remarkably poor medium for expressing the model that we want to use in our software. Every time we move away from a 3GL to create a more natural interface, we rapidly get diminishing ability to author software.'


‘If you can’t manage a private key or write down a seed phrase…

Bitcoin and NOSTR will be the least of your problems.’

nostr:note12mqe02fgwzvcm8ecf4lq9z4a3eenc2ktm9nltr89452u97kgwufqfhu3vr


Gravel Nerd is a nice nym!


‘The real freedom tools with the right incentives will take many many years to find adoption.’
nostr:note1f6ajjp96r9jm0jrtfzjdvups8q0mddcgwsjyu2xn0jcav08ux7lsevq923


made this - deep imo.

free speech is a human right.

https://image.nostr.build/031911bb683768c2657807cdb10b540748b9bcc829cecd008c8317997f9f657a.jpg


Ok. I’m just using the the client, not reading the formal documentation where I assume this is disclosed.


If a client doesn’t automatically connect a new user to ‘popular’ relays perhaps the user should at least receive a hint/suggestion to connect to relays to improve the nostr experience.


I’ve been using nostr for a while and I still find it amazing to use it over different clients. The response above: ditto. This response: nostur

☺


For a browser based client it's pretty good. Upon set up I was only connected to the ditto relay. So, to test it properly a new user should connect a good number of relays.


#ditto is the best kept secret on nostr.  If you want to try an amazing client, go to:

https://ditto.pub/

Or install your own version using:

https://docs.soapbox.pub/ditto/install

With an elegant, scalable architecture which can handle millions of users.  This was the missing piece of the puzzle that nostr has needed.

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


Watch some of nostr:npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5 ‘s content and follow/explore this hashtag #satsflow

If you’re good at something and have international customers, you could offer them a discount if they pay you in Bitcoin.


If the nostr person you wish to send sats to is set up to receive zaps, you can send that person sats from your lightning wallet.


‘…let's not forget that censors are the biggest liars of all. They primarily censor anyone exposing their lies.’
nostr:note1mlew5yjnhm5lp0spv9mcd85wz6c07vt3rfa3gm2g3w935r394d0s239nka


Are nostr’s elements (relays, clients, keys) like horcruxes?


Any chance of an app where you use the camera, roll the screen over a price in the store, and like Google Lens or Translate it automatically changes what you see on the screen to what the price would be in sats, updated live every few seconds as the dollar goes up and down.


Glad to be (unwittingly) of service!


Nostur, Amethyst


Now I have to think about what is meant by ‘reality’….


‘The quantum model says our environment is an extension of our mind.  How we think, feel and act creates our reality, shapes our environment and there [are] infinite possibilities to choose from.’
nostr:note163z5jgq2exv9yvj4tz586qdd3q4nzv6n7mmrs7zccqf5atd2kxmq5gvuw0


‘they have perfected the art of avoiding recession without fixing anything’

https://stacker.news/items/666762/r/halalmoney?commentId=667067


‘There's no reason for Europeans to exchange their EUR for USD, nor for Americans to do the opposite. There are better options for both.’

https://stacker.news/items/666622/r/halalmoney?commentId=666730


A self-hosted version of Nsec.app has arrived!

This was long in the pipeline, and we are finally ready to show it.

Nsec.app normally stores your keys in your browser, which is great (non-custodial), but is sometimes unreliable in handling background requests.

With this hosted version you can run your own instance of nsec.app where keys are stored on your server and are always online!

Here is how to launch it with Docker: https://github.com/nostrband/noauth?tab=readme-ov-file#running-hosted-version-with-docker

Basically, the code that normally lives in your browser's service worker executes on a nodejs server in this hosted version. Some important points:
- keys encrypted by password are still saved on nsec.app server, which means you can login on other devices with nsec.app
- the UI for key access is not protected in any way - whoever has access to the UI endpoint can control the app permissions (but can't access keys - those are on the server)

We hope to make Nsec.app a useful app for Umbrel and Start9 stores, please let us know what's missing or needs improvement!


Three word concepts on nostr today:

Savings in Bitcoin (oldmarvel)

Understand the dollar (NICO)

Reorder your feed (Alex, Primal lead android developer)

Default to nutzaps (Dustin Dannenhauer)

Scale through layers (Melvin Carvalho)

Monetized social interactions (Greg white)

Idiocracy is real (mattyb)

Lead by example (21 Stackage)


Politics under a democracy involve a curious psychology.

You trade your incapacity to control market agents that can’t coerce you for the incapacity to control the political agents that can coerce you.


‘Polarized engagement-farming drives the machine so much that if the troll isn’t being fed, it comes down from the Northern mountains to feast on mutton, dwarves, and hobbits alike. We are much in need of a wizard to cast them all into stone and I’m glad that Nostr has been playing a part in such a spell for me.’

nostr:note1tvz8zfhejzz3rt5yqnmed3skxunzy8xuf77sst5nwx8d0vzq54eqvshl9t


That’s not a glitch in the matrix, it’s an unattributed corndalorian meme!


Long term storage facilities for spent nuclear fuel

City states

Courage

Greater scepticism of large organisations without falling into nihilism


Perhaps ‘what is capitalism?’ is as important a question as ‘what is money?’.


Q: how much do you know about the soul?

A: less than one knows about the soul of a developer.

Anyway, I saw this on Stacker News so you should too:

“Nothing will vaporize a developer's soul like working extremely hard on something nobody wants.”

https://stacker.news/items/374430/r/halalmoney?commentId=374558


Too many syllables.

VDV


I discovered Spring today  have you seen that?
https://nostrapps.com/spring


Three word concepts on nostr today:

Discover more efficiently
Earn your audience
nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl

Credibility and discoverability
nostr:npub1qu5z90szmg8nl0sj2z58ah0as2q4nwl8q9q5l0qnnep8c9mnf3eqft4hg7

Western commie ops
nostr:npub1yrf6e774ggeylt7e7s784jv9ydawv5c4z5zj4arvvs04q7lkulvqdgkaz3

Avoid processed food
nostr:npub1xjfd6s75j63r0azyrlvqrag83d34gtp7zk8la2grevpq5xh5llws9lwuey

Handle the dissonance
nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg

Partition-tolerant network
Biased relay selection
Tamper-proof events
Biggest player dependency
Intelligent relay selection
Desired jurisdictional arbitrage
Consistent relay focus
Curated relay kits
Stagnant walled-garden
Premature expectation management
nostr:npub1jlrs53pkdfjnts29kveljul2sm0actt6n8dxrrzqcersttvcuv3qdjynqn

Only-zaps relay
nostr:npub1d3hrup0pe8f24c8dysc4gjh2gythrhvasyqh2wd0plvp3v3cnu5qhsfrtn

Embrace the chaos
nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424

Bullcrab to bull
nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l

Bankrupt the gatekeepers
nostr:npub15mvl5c2z72qgluhcl3t8n94fg2q9z5c0nh5gq8z4nd536z4az8ns9e8449


[Buffett] has said that many Berkshire shareholders use their stock as a savings account.

CNBC


Berkshire invests the majority of its cash in short-term Treasury bills, and its holding in such securities — valued at $234.6 billion at the end of the second quarter — has exceeded the amount the U.S. Federal Reserve owns.

CNBC


I'm excited to announce the first release of NWS, a resilient connectivity solution that leverages NOSTR as a transport for TCP. NWS enables seamless communication between devices without public IP addresses. Below are the key features introduced in this release:

- **Exit Node Internet Relay:** Exit nodes can relay public internet traffic, allowing entry nodes to access the internet using the exit node's outgoing IP address.

- **.nostr Domain Support:** NWS now supports `.nostr` domains, which are valid RFC 1035 domains. This feature ensures compatibility with most existing clients.

- **Reverse TCP Connect Mode:** We've added a reverse TCP connect mode where the exit node initiates a TCP connection to the public entry node upon receiving a request. This mode utilizes NOSTR for service discovery while forwarding data packets through the reverse connection, enhancing connectivity and reducing load on public NOSTR relays.

This is just the beginning. With many more features and enhancements on our roadmap, we are excited about the future of NWS and its potential. Stay tuned for more updates as we continue to develop NWS.
https://github.com/asmogo/nws/releases


Three word concepts on nostr today:

Unrealized gains tax ❌
Intellectually short Bitcoin ❌
Flat informational battlefield✅ nostr:npub134u08yp6rdcgcamfdcra9aysvhne9wpssft8ntm9qvfu95erxdcqx9qjkm
Emotional technical debt✅@Laeserin


This is just another slippery slope.

All unjust taxation should be objected to.


‘The precious time that is being spent attacking Telegram would have been better spent educating the youth and parents about online safety.’
nostr:note1w28h8dufevgxcj879ej8cv3r8revxvfhs8lztfak7a5ptum2552qkzuftz


‘It's like a game of whack-a-mole—technology evolves faster than [governments] can react….

[Governments are] already struggling to manage platforms like Twitter, and as time goes on, more decentralized technologies will emerge, further eroding their control.’
nostr:note1e9qy7w06w5048xy595ajp3gf0g57hl6eycjtjrv3d9qsuvgc4unsq3rqpt


‘For various technical and economic reasons, true real-time bidding isn't implemented that widely in a lot of markets. So instead we get curtailment to accomplish roughly the same economic goal.’

https://stacker.news/items/664177/r/halalmoney?commentId=664272


Not a bot….


“We cannot guarantee success, but we can deserve it.” ~ George Washington
nostr:note1qa3sp6urzcpzu975lsygaj3a2f4vwuv0wuteu9pnl4yw7m95pems56dfu2


From CNBC:

The Biden administration has identified critical minerals and announced tariffs on tungsten and others as part of a broader effort to bolster national security.
-
China, in the past year and a half, has started to use its leverage in parts of the global critical mineral supply chain to control exports.
-
“If Donald Trump wins the US presidency and follows through on his threat to dramatically hike tariffs on China, Beijing might respond with new export controls on critical minerals or deploy existing controls more forcefully,” Gabriel Wildau, managing director at consulting firm Teneo, said in a note Tuesday.

“Chinese regulators may also apply controls selectively, denying minerals to specific foreign companies that are viewed as supporting Washington’s technological containment agenda.”


“This is exactly the type of whipsaw liquidations and price action we see in bull markets,” said Ryan Rasmussen, an analyst at Bitwise Asset Management. “Bulls get over their skis and get wiped out, then it happens to bears, and so on. When you zoom out, a 5% move in the price of bitcoin is a blip on the radar.”

CNBC


“emotional technical debt”

Nothing is purely technical and nothing is purely emotional.

https://media.tenor.com/B-TP3rs3l7IAAAAC/memory-cant-remember.gif


Nostr Revolution : Protocol Not Platform

Nostr shifts the power from the platform, to the individual.

This is a long form article, you can read it in https://habla.news/a/naddr1qvzqqqr4gupzqkcpsw4kc03j906dg8rt8thes432z3yy0d6fj4phylz48xs3g437qqxnzdejxs6nyde4xsunvveey38c9q

While we watch the world slip further and further into geo political turmoil it's adundently clear that information will be a choke point and platforms will bend the knee, or suffer consequences. We recently witnessed the threat of TikTok take down, X being targeted by the EU for misinformation, and now the CEO of Telegram being arrested in France.

But I am not hear to talk about CEO's, massive corporate conglomerates, or government overreach.... I am here to talk about the everyday internet citizen making a livelihood on the internet. The bakery owner, the tech company, the real estate agent, the YouTube content creator, the podcast extraordinaire and on and on. Anyone making a living within the walled garden of a platform are reliant upon the choices that one company makes.

You see unlike platforms, Nostr is a censorship resistant, permissionless protocol in which you create your identity on. It's decentralized cohesion with no single point of failure. It sets your profile free of any barrier of departure. When you build your brand on one client (app) it works in the next. Your followers, your follows, your communication, your entire social graph is present and interoperable. For the first time, all the time you spent cultivating your livelihood is truly owned by you.

So let's zoom out and talk about what this revolutionary approach achieves. This shifts the power back to the individual. Clients are beholden to your needs, your desires. The free market of choice is achieved by demand for certain features, certain algorithms, certain actions. We are no longer beholden to the choices of few that can decimate our livelihoods. Clients become powerless to free market will. We are never sold out in the form of a privacy policy update, added fees or any other sly roundabout way of profiteering without consequences. When users wield the power, they dictate demand which in turn drives client innovation.

When we look back at the past few decades we see the variation of fads, the build ups of platforms and the ultimate demise of technological cycles. AOL, Myspace, Facebook, Snapchat, etc.... Would if your work you put into those platforms building your brand, your time.... was transferrable? As in, your brand lives on and you do not need to "start over?"

You see, this is exactly what Nostr provides. Nostr captures your time and builds value through time. This is revolutionary in a day and age where you are the product within the silos.

Over the past couple years we have seen an explosion of Nostr clients hit the ecosystem. Everything you can possibly want and desire as a creator or consumer is being built on Nostr, or can be. While it is very much early, it is growing at a steady pace and the time is now to own your piece of internet sovereignty.

In closing, I will leave you with this.... Based off history we can easily predict what platforms will do over time. What we cannot predict is what Nostr will do in time, and that's the most exciting part.


I’m getting so used to this that I also made a 58k meme!

note14mcyrddq8lqf4jjzzza588vjrscdx3t0p7rk7gs7xjwgvljpe2sqzq39mw


This is the last time we’ll see 58k, right?


Nostr is a protocol not a platform like Twitter, IG and the like.

The app you are using is a client. You can continue using nostr with another client but using the same credentials (npub - your public key, nsec - your private 🔑).

Enjoy!


Nostr is a deep data pool. People and machines can just write little snippets of data and throw them randomly into the pool, and the actors define the connection _after_ the data is written and tossed in.
That means that you don't have to even know what the data is useful for, when you start collecting it. Just throw it in and the connections will slowly appear between things.

Just move all of the data onto Nostr and let the Nostriches sift through it. They'll tell you what it's good for.


The problem right now is that we're only paying attention to the new entries. We need clients that explore the graph in deeper ways. Nostr has that early web energy.


Bitcoin also has the double early-adopter problem for nation states in that not only does it make other states look bad and be less competitive if your country adopts it, it also makes it harder for the new state to raise taxes through skimming transactions like vat or gst, or by printing money, both being necessary at the moment to defend yourself from invasion by jealous legacy fiat states. Hence my wish is probably just a wish for now


As I understand things, a new nostr could be built from the ground up to overcome the particular reasons for the current nostr failing (if this were to occur).

However, given the unique ‘story’ of Bitcoin thus far, this would be almost impossible to replicate or closely match (if Bitcoin were to fail).

Therefore - from this angle of recovering from failure - I think that Bitcoin is more important than Nostr.


‘…with each new variable, you add significantly more complexity’
nostr:note1uut0nepk39vuf2ufnwed2zfepavkg2plm0nf4scwu3j75n93n0xstjvd0y


Today I wander in a daze, seeing the outer shapes of things but never seeing into them.

Red Smoking Mirror


Some say the mountain smokes from sorrow, others say from anger.

Red Smoking Mirror


‘Use services that are trust minimized’
nostr:note1kpgfwp2f03xtcx4rpakfqycrx43nt86gds53qy4lyhrztql5v3wq4nhrpr


‘The US is a great example with its military aid. Our military industrial complex gets to dust off some old ordinance that was never going to be used, and would have instead needed to be paid to be destroyed, and mark it up to sell to the government who prints the money for it based on the narrative around this "war". Not only do they get to sell this obsolete ordinance, they get to charge for transport, logistics, training, and all the stuff that goes with it. Then, new money to replace it with new stuff for the next war.’

https://stacker.news/items/662248/r/halalmoney?commentId=662376


Nicely put!

‘They have an agenda for the Pepsi people and one for the Coke people’

You can have any drink you want, as long as it’s bad for you!
nostr:note1l3er22gn65t4rxyr4xflagkst39qh0n3dnw67a7x9ayjyrj3jrnsgfhe3a


“We tend to solve problems through addition rather than subtraction. Even when there's tremendous upside to removing something, it's not an obvious option…

We're usually rewarded for adding things rather than subtracting, and your company is probably no different. There's rarely an incentive for removing stuff, though there should be.

If we argued hard for something to be added, we may not want to admit it’s not adding value.

If somebody else argued for the thing to be added, we don’t want to seem like we’re attacking their judgment or their work, so we leave it alone.

We assume that if something exists then it exists for a good reason and doesn't need revisiting.

We get used to things the way they are. And their first response is an aversion to change, arguing against removal even before thinking through it.”

https://www.gkogan.co/removing-stuff/


‘Conservatism tempers liberal hubris. Progressivism tempers conservative complacency.’

https://stacker.news/items/661854/r/halalmoney?commentId=661881


‘ "The Establishment" has come to mean: net zero, ESG scores, DEI ideology, CBDCs, climate scare mongering, increased costs of energy and living expenses, moneyprinting via high degrees of government spending, abandonment of merit in favor of ideology, and so on, with carbon allowances and social credit scores on the establishment horizon. ‘
nostr:note1z2gqj675n7ky6vswqd939fex4xs5k247xev24dlnc8x4cun3e2fsjaxd75


Use the core peer-to-peer components from Keet / Holepunch.


‘…because Bitcoin is peer-to-peer, it can at least exist in simultaneous contradiction. Even if Wall St tries to capture Bitcoin, we can still use Bitcoin as it was originally intended. The question is, will the original intent of a peer-to-peer electronic cash system be that which scales with mass adoption, or will it be the reified package that Wall Street sells you?’


If you’re saying something which hasn’t already been said then it’s probably worth saying (assuming it ‘passes’ your own metrics for a good note).


“We considered arresting Pavel Durov ourselves, but we ultimately decided that the right to free speech was too important to infringe upon," Putin stated, his eyes gleaming with what could only be described as schadenfreude. "It seems that France has taken the lead in the race to the bottom when it comes to freedom of expression. We in Russia are eager to observe this development and, who knows, perhaps even learn from it."

https://www.bugle.news/vichy-france/


‘Escape the echo chamber, anon.’
nostr:note1xd2jq296f7vm302ke6vmhd78y7zfqckg6j4564tdtrdg25gyyw0s73v45n


This may help you select some relays to add via whatever nostr client/app you are using.

https://nostr.watch/relays/find


‘Bitcoin is undoubtedly a financial revolution, it just may not be the one you signed up for.’


‘The downstream effect of Basel III will create permanent demand for dollars, even in a “hyperbitcoinization” environment. Quite likely especially in a ¨hyperbitcoinization¨environment, and arguably by design.’


‘As American commercial banks continue to integrate volatile digital assets such as bitcoin, the need to ensure the retail public that liquid liabilities for digital commodities exist creates a unique opportunity to tilt regulation in the favor of stimulating demand for dollars.’


‘Bitcoin is the only commodity to break the pressures of increasing demand on inflating supply. For example, if gold doubles in price, gold miners can send double the miners down the shaft and inflate the supply twice as fast, thus decreasing demand and thus eventually decreasing the price. Yet, no matter how many people are mining bitcoin, no matter how high the hash rate increases this month, the supply issuance remains at, as of April 2024, 3.125 bitcoin per block. This capped eventual supply of 21 million –– set via a disinflationary rate of token issuance hardcoded in the protocol within Bitcoin’s monetary policy at network launch –– allows the U.S. to massively inflate the dollar into this demand inelastic energy commodity without, for example, making nationstate-holders of gold wealthy or oil-rich nations even richer. As the price of bitcoin goes up worldwide, the large reserves held within the borders of the U.S. will increase the relative wealth of the country.’


Well, you should agree. I got this idea from one of your earlier stream of notes! GN!

https://media.tenor.com/p0Wl-AklVVgAAAAC/obi-wan-well-of-course-i-know-him-hes-me.gif


Less emphasis and expenditure on the wedding ceremonies.

More sats written into the marriage contract.