Medical privacy, like privacy in general, is under threat in the United States, but I don't feel like jumping into a political debate.

Privacy is a human right. Medical privacy is no different.


Agreed. I would also add, nostr changes the incintives. Govt. controlled, corporate social media makes people mean because mean people get more likes and keep more eyeballs glued to the ads.

Nostr rewards you with zaps, so you would rather spend time helping people to earn sats instead of be a jerk to earn likes.


I just boosted the show to tell him about flare.pub


Great advice.


Event of kind 34235 can be opened with this application: highlighter


I also know a lot of high income people who live paycheck to paycheck and I used to hang out with couch-surfing punk-rockers who traveled the world.

And don't get me wrong, I live a good life. My wife makes 3x what I make, but her paycheck isn't 3x bigger.


the only winning move is not to play.

nostr flies over all of this mess.

https://youtu.be/vSg_Gl49br0


This note is the best argument I've seen for nostr only.


I always feel like a loser when people ask me about my job.

I've never made more than $49,000 in a single year and I've made like half of that for most of my career.

I wish I made more, of course, but ironically, I think it propelled me to exit fiat as much as possible.

For whatever reason, I can't seem to win the fiat game, so I play a different game.

I suspect if I made 3x my fiat wages, I would feel like a winner. I would drive a fancy car, wear fancy clothes, sit on fancy chairs and pay for fancy haircuts, but I don't think I would be as wealthy.

I swear I'm not bragging and I still work my shitty job, but that means I still sometimes work with people I tried to orange pill when bitcoin was $500.

That's why I don't like talking about the price much. The Double Spending problem is a tool to make the rich richer and the poor poorer.

Satoshi did not create bitcoin to capture more fiat. He solved the double spending problem. My thesis is bitcoin adoption will grow as more and more people become aware of the double spending problem.

The rich will still get richer, but the poor will also get richer. That's what Satoshi gave to the world.


I'm guilty of this. There are even a lot of bitcoiners who just don't get nostr and I find it perplexing.


Why does is the LV wallet 3x more expensive than a ColdCard?

I'm not trying to be snarky. I never understood this.


Me too.


I know how to lead a horse to water, I just don't know how to make the horse drink the water.


Damn it! I just zapped myself.


What does this mean?


Amor Fati.

Stocism helps.

If you bought 3,000 bitcoin today, you would not have enough sats.

It's important to keep your emotion in check during bull markets too. Try to curb your exubarance. Don't tell haters to have fun staying poor.

They will stay poor.

 It will make you sad.

You will never have enough sats.

You will always wish you had more.

Be patient.

Don't sacrafice time with your family to check the price.


Was this the New Year's episode?


So how do we fix this?


Adoption go up.


This episode was my orange pill.


Typos still work on the computer though.


O'm not able to post notes from my phone anymore. It says my relays are not configured. I'm not sure what I did.


Being mean gets more likes, but less sats.


People are nicer on nostr.


The censorship seems to be the problem because it makes speech hyper political.


#Bitcoin is not about HODLing until we can buy one penny for one sat.

#Bitcoin is about re-pricing everything in the world with honest money that is impossible to debase.


Black Coffee.


Good morning. 🤙


So you never used bitcoin before learning about nostr? That's really cool.


Ten years ago, I bought a hundred blades for my safety razor for 12 bucks. Anything else is a scam.


Great advice.


There's no more debate. People just say mean things about people. It's literally 2 minutes of hate.


Start writing short short stories. 100 words or less.


Awesome. I got my B.A. in creative writing, but write mostly non-fiction these days.

Do you publish on nostr or participate in any writer's workshops?


# Why 21 Million

![note](https://i.nostr.build/xJYm.png)

[Audio part 1(https://i.current.fyi/plebai/audio/speech/24fdf128-483d-4d42-bd86-ff78e7c493ce.mp3)

[Audio part 2]https://i.current.fyi/plebai/audio/speech/3250aeab-af20-41a8-ac9a-4c82629eabda.mp3)

** Note: The audio files were created using pleb ai. Special thanks to Arun Nedun who was gracious enough to let me use this for free.  The voice is created using the text 2 speech app on pleb.ai.  ** I’m not very good at reading stuff outloud. I mumble too much, talk too fast, and don’t pause for punctuation. I wrote this with my own natural intelligence, but I assure you this AI voice sounds better than I my natural voice.

Have you ever wondered why 21 million?  I have. I never had an answer though, until now. At least I think I do. As the saying goesm “don't trust, verify.” I don't have a way to verify this, but [Martti Malmi posted this note yesterday](https://mmalmi.github.io/satoshi/)  He says it's his email correspondence with Satoshi in 2009-2011.  Malmi was the second person to work on bitcoin software, assuming Satoshi was one person. According to Malmi:
``
"Satoshi - Sirius emails 2009-2011

This is the correspondence between myself (Martti Malmi, AKA Sirius) and Satoshi Nakamoto, the creator of Bitcoin. I did not feel comfortable sharing private correspondence earlier, but decided to do so for an important trial in the UK in 2024 where I was a witness. Also, a long time has passed now since the emails were sent. The archive is incomplete and contains only emails from my address @cc.hut.fi. My university email addresses changed to @aalto.fi in early 2011, and I don't have backups of those emails. There are some passwords and a street address mentioned in the emails, but those are no longer valid or relevant.

``
In my last blog, [I mentioned that e-mail kinda sucks](https://highlighter.com/blog@bloggingbitcoin.store/keet-room). When I wrote that of course, I didn't know someone just made some of Satoshi's emails public. Satoshi's e-mails don't suck. They give us a glimpse into the mind of a genius.  Like I said, I have no way of verifying if this email correspondence is true. I am somewhat putting my trust in Malmi, but I assign a low probability of forgery here. If this e-mail was sent to he who shall not be named, I wouldn't trust it at all. This was not an email sent to he who shall not be named, however. It's sent from Satoshi's first volunteer and the dude who built the Iris nostr client.(It's the same dude by the way).

I've mentioned this before, but my favorite bitcoin quote is by Knut Svanholm. “Absolute mathematical scarcity achieved by consensus in a sufficiently decentralized, distributed network was a discovery rather than an invention. It cannot be achieved again by a network made up of participants aware of this discovery since the very thing discovered was resistance to replicability  itself.”
Why 21 million?  Why is that the magic number?  What was Satoshi's inspiration for limiting the total supply to 21 million? Why not 100 million or 1 million?  If we believe this email to be true, Satoshi gave an answer.

![21m]](https://i.nostr.build/4PBW.png)

There we have it. The answer to why Satoshi chose 21 million. It was an educated guess. It was a difficult choice. We are stuck with the network. The only question now is will it be used for a fraction of world commerce, or a large portion of world commerce?

On the [latest episode of TFTC](https://fountain.fm/episode/gnluW2Z70b1IXTXaY4MF) , Mežinskis says bitcoin actually does about twice the amount of transactions that FedWire does. My man, [NunyaBidness posted the actual numbers on this note](nostr:note1sse9jeg9masratkg99g3mgmts9upm5j2dj455nwg6ukrfulpp5vq3suwkr).
Bitcoin only has a 1 trillion dollar market cap however. Bitcoin's final settlement layer is already about twice as much as the Federal Reserve's settlement layer. In other words, the bitcoin peer 2 peer transaction electronic cash system is already more efficient than the Federal Reserve system. We also know that a small fraction of the world is using bitcoin, but it’s still worth about a trillion dollars. We also know the new inventory of this tool which is X more efficient than the Federal reserve is dropping by 50% in a couple of months. We tend to focus on the BTC/fiat price, but the price is not important.  The value is more important. I think bitcoin is undervalued because it is not understood by most people.

In a world slipping into chaos more and more, bitcoin is a financial system that is more robust than the world’s reserve currency. That’s the bullish case for bitcoin. Obama called it a Swiss Bank in your pocket in 2015. I think he did this to ridicule it’s privacy, but bitcoin is like Switzerland of cyberspace. 21 million might have been an arbitrary number, but the mathematical scarcity cannot be broken even by world war. Bitcoin is a neutral place to store your wealth that cannot be debased by foreign or domestic government. I suspect, at some point in the future, that will be useful for a large fraction of world commerce. If history rhymes like Mark Twain says, we can expect governments, terrorist groups, the mafia, or whoever will make it useful for a larger fraction of world commerce. That’s the true price of bitcoin: 21Million/A Large Portion Of World Commerce.

Is it enough?
I hope so.

Yesterday, Martti Malmi released emails he claims Satoshi wrote. We have no way to verify this, but his story seems plausible. In one email Satoshi says why he chose 21 million and how he thinks the value of bitcoin will be measured.

This is a long form article, you can read it in https://habla.news/a/naddr1qq88w6re95erzttdd9kxc6t0dcpzqadlydf3460e333fjkaqwxg7fz82636ew5m36c7hml2xhhsml2y4qvzqqqr4guuayalm


They don't seem like jolly fun-loving people.


Yeah. And mean. I kinda feel bad for them.


Man, all those people we told to have fun staying poor a few years ago are pissed-off.


It has group chat.


I like danger.


I don't see how she can't see this.


I was just going to post this. Damn Marty. This is amazing. We really are winning.


mmalmi@cc.hut.fi wrote: > All right, I can do the website and the FAQ. I'll start writing the FAQ > now with the questions that I can think of. That would be great! I added you (dmp1ce) as a dev to the sourceforge project and gave you access to edit the web space and everything. > I have a feature suggestion for the program: a UI tool for creating > password protected private keys and saving them into a custom location. > Backups of the key will be needed to be safe from losing the control of > your coins, and for using the coins on more than one computers. Password > protection would be needed to make using your money more difficult for > someone who happens to find your key file. Definitely. This will be an absolutely essential feature once things get going, making it so you can lock your wealth up with strong encryption and back it up more securely than any physical safe. So far I've been putting it off in favour of other features because it's not crucial yet until bitcoins start to have value. I plan to work on the escrow feature next, which is needed to make actual trades for physical stuff safer and before backing the currency with fiat money can begin. > I'm running a bitcoin node always when my PC is powered on, which means > about 24/7. Bitcoin is a great project, and it's really cool to > participate! Thanks! Right now there are a lot of people on the network who can't receive incoming connections, so every node that can really helps. Having more helps keep down the "(not accepted)" issue for now until I reduce the chances of that happening in v0.1.6. I guess one answer for the FAQ should be how to set up your firewall to forward port 8333 so you can receive incoming connections. The question could be something like "what if I have 0 connections" and that could be the answer that it might be because the nodes you can connect with is limited if you don't set that up. Here's a compilation of questions I've answered in forums and e-mail that should help you see what questions are frequently asked and some answers I've used. It's not intended to use all or most of the material here, just pick and choose. This is just a dump of everything I've answered. Some issues that we don't have easy answers for are best not to bring up. Casual users seems content to assume that the system works as stated (which it does), and getting into the design details just opens a can of worms that can't be answered without a deep understanding of the system. The advanced questions I've received have mostly been unique per person and best answered individually. **** QUESTION AND ANSWER DUMP **** Any questions used for the FAQ should probably be rephrased. questions: > The bottom of the UI shows: > > Generating 4 connections 4024 blocks 164 transactions > > I understand "generating"; I assume I am connected to 4 other nodes; and > I know I have recorded 164 transactions (including failed generation > attempts). I'm not clear what the "blocks" figure describes. It's much > smaller than the total of all the blocks shown against all my transactions. > It's the total number of blocks in the block chain, meaning the network's block chain, which everyone has a copy of. Every Bitcoin node displays the same number and it goes up about every 10 minutes whenever someone generates a block. When you haven't had it running for a while, once you're connected it spins up rapidly as it downloads what was generated while you were gone to catch up. I'm not sure exactly how to describe it (that would fit on the status bar in 1 word, maybe 2 words max), any ideas? The blocks number in the status column next to your transactions is the number of blocks that have come after that transaction. Your transaction is essentially "in" that many blocks. Satoshi > My best guess - it > is the length of the global chain, and the rapid advance at the start > is as the software downloads and verifies the preceding blocks in the > chain as being valid. Right. I'm trying to think of more clear wording for that, maybe "%d network blocks" or "%d block chain". > I'm having an unusual run of (block not-accepted) failures, and thought I'd let you know in > case this was of any significance. What rate of not-accepted did you see? I didn't see anything unusual on my end. If you had more than, say, 4 in a row, that would be abnormal and probably a loss of network communication. If it's scattered and less than 25%, just random bad luck. It's normal and harmless to randomly get some per cent of not-accepted, and of course randomness can sometimes bunch up and look like a pattern. The idea of an option to View/Hide unaccepted blocks is a good one, as well as View/Hide all generated blocks so you can more easily see incoming transactions. Seeing the unaccepted blocks is just annoying and frustrating. Everyone faces the same rate of unaccepted, it's just a part of the process. It would probably be best to default to hide unaccepted blocks, so as not to show giving and taking away something that never was, and not show new generated blocks at all until they have at least one confirmation. It would only mean finding out you have a generated block 15 minutes later than normal, and then you still have 119 blocks to go before it matures anyway. This is on the to-do list for v0.1.6. Satoshi [note: I have some improvements in 0.1.6 to reduce this problem somewhat, and it'll also improve when the network is larger] > For some reason your transfer to me shows up as "From: unknown" even > though I added you to my address book. > > I have a "Generated (not accepted)" line in my transaction list, it > seems like an attempt to generate a coin went wrong somehow. Not sure > what happened here - presumably my node successfully solved a block > but then I went offline before it was sent to the network? Transactions sent to a bitcoin address will always say "from: unknown". The transaction only tells who it's to. Sending by bitcoin address has a number of problems, but it's so nice having the fallback option to be able to send to anyone whether they're online or not. There are a number of ideas to try to improve things later. For now, if things work out like the real world where the vast majority of transactions are with merchants, they'll pretty much always make sure to set up to receive by IP. The P2P file sharing networks seem fairly successful at getting a large percentage of their users to set up their firewalls to forward a port. I badly wanted to find some way to include a comment with indirect transfers, but there just wasn't a way to do it. Bitcoin uses EC-DSA, which was essential for making the block chain compact enough to be practical with today's technology because its signatures are an order of magnitude smaller than RSA. But EC-DSA can't encrypt messages like RSA, it can only be used to verify signatures. The "Generated (not accepted)" normally happens if two nodes find a block at close to the same time, one of them will not be accepted. It's normal and unavoidable. I plan in v0.1.6 to hide those, since they're just confusing and annoying and there's no reason for users to have to see them. While the network is still small like it is now, if you can't receive incoming connections you're at more of a disadvantage because you can't receive block announcements as directly. > ...So far it has two "Generated" messages, however the > "Credit" field for those is 0.00 and the balance hasn't changed. Is > this due to the age/maturity requirement for a coin to be valid? Right, the credit field stays 0.00 until it matures, then it'll be 50.00. BTW, you can doubleclick on a line for details. > ...understand correctly, there is only one (or maybe a few) global > chain[s] into which all transactions are hashed. If there is only one > chain recording "the story of the economy" so to speak, how does this > scale? In an imaginary planet-wide deployment there would be millions > of even billions of transactions per hour being hashed into the chain... > ...I found the section on incentives hard to follow. In particular, I'm > not clear on what triggers the transition from minting new coins as a > reason to run a node, to charging transaction fees (isn't the point of > BitCoin largely to zero transaction costs anyway?). Presumably there's > some human in charge of the system... > ...How did you decide on the inflation schedule for v1? Where did 21 > million coins come from? What denominations are these coins? You > mention a way to combine and split value but I'm not clear on how this > works. For instance are bitcoins always denominated by an integer or > can you have fractional bitcoins?... > ...it's rare that I encounter truly > revolutionary ideas. The last time I was this excited about a new > monetary scheme was when I discovered Ripple. If you have any thoughts > on Ripple, I'd also love to hear them. There is only one global chain. The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling. If you're interested, I can go over the ways it would cope with extreme size. By Moore's Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10. Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions. I don't anticipate that fees will be needed anytime soon, but if it becomes too burdensome to run a node, it is possible to run a node that only processes transactions that include a transaction fee. The owner of the node would decide the minimum fee they'll accept. Right now, such a node would get nothing, because nobody includes a fee, but if enough nodes did that, then users would get faster acceptance if they include a fee, or slower if they don't. The fee the market would settle on should be minimal. If a node requires a higher fee, that node would be passing up all transactions with lower fees. It could do more volume and probably make more money by processing as many paying transactions as it can. The transition is not controlled by some human in charge of the system though, just individuals reacting on their own to market forces. A key aspect of Bitcoin is that the security of the network grows as the size of the network and the amount of value that needs to be protected grows. The down side is that it's vulnerable at the beginning when it's small, although the value that could be stolen should always be smaller than the amount of effort required to steal it. If someone has other motives to prove a point, they'll just be proving a point I already concede. My choice for the number of coins and distribution schedule was an educated guess. It was a difficult choice, because once the network is going it's locked in and we're stuck with it. I wanted to pick something that would make prices similar to existing currencies, but without knowing the future, that's very hard. I ended up picking something in the middle. If Bitcoin remains a small niche, it'll be worth less per unit than existing currencies. If you imagine it being used for some fraction of world commerce, then there's only going to be 21 million coins for the whole world, so it would be worth much more per unit. Values are 64-bit integers with 8 decimal places, so 1 coin is represented internally as 100000000. There's plenty of granularity if typical prices become small. For example, if 0.001 is worth 1 Euro, then it might be easier to change where the decimal point is displayed, so if you had 1 Bitcoin it's now displayed as 1000, and 0.001 is displayed as 1. Ripple is interesting in that it's the only other system that does something with trust besides concentrate it into a central server. Satoshi > If we assume that 0.1% is a good risk rate, then z=5 thus > any transaction must wait a bit less than an hour before being > solidified in the chain. As micropayments for things like web content > or virtual goods are by definition something that requires low > overhead, waiting an hour seems like quite a significant hurdle. For the actual risk, multiply the 0.1% by the probability that the buyer is an attacker with a huge network of computers. For micropayments, you can safely accept the payment immediately. The size of the payment is too small for the effort to steal it. Micropayments are almost always for intellectual property, where there's no physical loss to the merchant. Anyone trying to steal a micropayment would probably not be a paying customer anyway, and if they want to steal intellectual property they can use the file sharing networks. Currently, businesses accept a certain chargeoff rate. I believe the risk with 1 or even 0 confirming blocks will be much less than the rate of chargebacks on verified credit card transactions. The usual scam against a merchant that doesn't wait for confirming blocks would be to send a payment to a merchant, then quickly try to propagate a double-spend to the network before the merchant's copy. What the merchant can do is broadcast his transaction and then monitor the network for any double-spend copies. The thief would not be able to broadcast during the monitoring period or else the merchant's node would receive a copy. The merchant would only have to monitor for a minute or two until most of the network nodes have his version and it's too late for the thief's version to catch up and reach many nodes. With just a minute or two delay, the chance of getting away without paying could be made much too low to scam. A thief usually needs a high probability of getting an item for free to make it worthwhile. Using a lot of CPU power to do the brute force attack discussed in the paper in addition to the above scam would not increase the thief's chances very much. Anything that grants access to something, like something that takes a while to download, access to a website, web hosting, a subscription or service, can be cancelled a few minutes later if the transaction is rejected. > How is the required difficulty of each block communicated through the > network and agreed upon? It's not communicated. The formula is hardcoded in the program and every node does the same calculation to know what difficulty is required for the next block. If someone diverged from the formula, their block would not be accepted by the majority. > Is the code free/open source or just open source? It's free open source. It's the MIT license, which just requires some disclaimer text be kept with the source code, other than that you can do just about anything you want with it. The source is included in the main download. Satoshi > Is there a way to be told of new versions? Does the app auto update > itself? Some kind of mailing list would be excellent. The list is: bitcoin-list@lists.sourceforge.net Subscribe/unsubscribe page: http://lists.sourceforge.net/mailman/listinfo/bitcoin-list Archives: http://sourceforge.net/mailarchive/forum.php?forum_name=bitcoin-list I'll always announce new versions there. Automatic update, or at least notification of new versions, is definitely on the list. [this inflation discussion was before the transaction fee mechanism and fixed plan of 21 million coins was posted, so it may not be as applicable anymore] > Since they can be created for free (or at the cost > of computer power people have anyway for other reasons), > monetizing them means simply giving away money. You're still thinking as if the difficulty level will be so easy that people will be able to generate all the bitcoins they want. Imagine you have to run your computer 24/7 for a month to generate 1 cent. After a year, you could generate 12 cents. That's not going to make it so people can just generate all the bitcoin they want for spending. The value of bitcoins would be relative to the electricity consumed to produce them. All modern CPUs save power when they're idle. If you run a computational task 24/7, not letting it idle, it uses significantly more power, and you'll notice it generates more heat. The extra wattage consumed goes straight to your power bill, and the value of the bitcoins you produce would be something less than that. > Why would they, when they make money by generating > new ones No, they can't make money that way. It would cost them more in electricity than they'd be selling the bitcoins for. Historically, people have taken up scarce commodities as money, if necessary taking up whatever is at hand, such as shells or stones. Each has a kernel of usefulness that helped bootstrap the process, but the monetary value ends up being much more than the functional value alone. Most of the value comes from the value that others place in it. Gold, for instance, is pretty, non-corrosive and easily malleable, but most of its value is clearly not from that. Brass is shiny and similar in colour. The vast majority of gold sits unused in vaults, owned by governments that could care less about its prettiness. Until now, no scarce commodity that can be traded over a communications channel without a trusted third party has been available. If there is a desire to take up a form of money that can be traded over the Internet without a TTP, then now that is possible. Satoshi > As more capable > computer hardware comes out, the natural supply per user > doubles at every cycle of Moore's law. Actually, that is handled. There's a moving average that compensates for the total effort being expended so that the total production is a constant. As computers get more powerful, the difficulty increases to compensate. > I do not recall any economic history of a commodity subject > to natural inflation ever being used as money There's gold for one. The supply of gold increases by about 2%-3% per year. Any fiat currency typically averages more inflation than that. > Won't there be massive inflation as computers get faster and are able to solve the proof-of-work problem faster? The difficulty is controlled by a moving average that compensates for the total effort being expended to keep the total production constant. As computers get more powerful, the difficulty increases to compensate. > If someone double spends, then the transaction record > can be unblinded revealing the identity of the cheater? Identities are not used, and there's no reliance on recourse. It's all prevention. > ...You're saying > there's no effort to identify and exclude nodes that don't > cooperate? I suspect this will lead to trouble and possible DOS > attacks. There is no reliance on identifying anyone. As you've said, it's futile and can be trivially defeated with sock puppets. The credential that establishes someone as real is the ability to supply CPU power. > But in the absence of identity, there's no downside to them > if spends become invalid, if they've already received the > goods they double-spent for (access to website, download, > whatever). The merchants are left holding the bag with > "invalid" coins, unless they wait that magical "few blocks" > (and how can they know how many?) before treating the spender > as having paid. > > The consumers won't do this if they spend their coin and it takes > an hour to clear before they can do what they spent their coin on. > The merchants won't do it if there's no way to charge back a > customer when they find the that their coin is invalid because > the customer has doublespent. This is a version 2 problem that I believe can be solved fairly satisfactorily for most applications. The race is to spread your transaction on the network first. Think 6 degrees of freedom -- it spreads exponentially. It would only take something like 2 minutes for a transaction to spread widely enough that a competitor starting late would have little chance of grabbing very many nodes before the first one is overtaking the whole network. During those 2 minutes, the merchant's nodes can be watching for a double-spent transaction. The double-spender would not be able to blast his alternate transaction out to the world without the merchant getting it, so he has to wait before starting. If the real transaction reaches 90% and the double-spent tx reaches 10%, the double-spender only gets a 10% chance of not paying, and 90% chance his money gets spent. For almost any type of goods, that's not going to be worth it for the scammer. Information based goods like access to website or downloads are non-fencible. Nobody is going to be able to make a living off stealing access to websites or downloads. They can go to the file sharing networks to steal that. Most instant-access products aren't going to have a huge incentive to steal. If a merchant actually has a problem with theft, they can make the customer wait 2 minutes, or wait for something in e-mail, which many already do. If they really want to optimize, and it's a large download, they could cancel the download in the middle if the transaction comes back double-spent. If it's website access, typically it wouldn't be a big deal to let the customer have access for 5 minutes and then cut off access if it's rejected. Many such sites have a free trial anyway. Satoshi [in response to a question about scale] 100,000 block generating nodes is a good ballpark large-scale size to think about. Propagating a transaction across the whole network twice would consume a total of US$ 0.02 of bandwidth at today's prices. In practice, many would be burning off excess allocated bandwidth or unlimited plans with one of the cheaper backbones. There could be millions of SPV clients. They only matter in how many transactions they generate. If they pay 1 or 2 cents transaction fees, they pay for themselves. I've coded it so you can pay any optional amount of transaction fees you want. When the incentive subsidy eventually tapers off, it may be necessary to put a market-determined transaction fee on your transactions to make sure nodes process them promptly. To think about what a really huge transaction load would look like, I look at the existing credit card network. I found some more estimates about how many transactions are online purchases. It's about 15 million tx per day for the entire e-commerce load of the Internet worldwide. At 1KB per transaction, that would be 15GB of bandwidth for each block generating node per day, or about two DVD movies worth. Seems do-able even with today's technology. Important to remember, even if Bitcoin caught on at dot-com rates of growth, it would still take years to become any substantial fraction of all transactions. I believe hardware has already recently become strong enough to handle large scale, but if there's any doubt about that, bandwidth speeds, prices, disk space and computing power will be much greater by the time it's needed. Satoshi > One other question I had... What prevents the single node with the most > CPU power from generating and retaining the majority of the BitCoins? > If every node is working independently of all others, if one is > significantly more powerful than the others, isn't it probable that this > node will reach the proper conclusion before other nodes? An > underpowered node may get lucky once in a while, but if they are at a > significant horsepower advantage I would expect the majority of BitCoins > to be generated by the most powerful node. It's not like a race where if one car is twice as fast, it'll always win. It's an SHA-256 that takes less than a microsecond, and each guess has an independent chance of success. Each computer's chance of finding a hash collision is linearly proportional to it's CPU power. A computer that's half as fast would get half as many coins. [question about what to backup] The files are in "%appdata%\Bitcoin", that's the directory to backup. %appdata% is per-user access privilege. Most new programs like Firefox store their settings files there, despite the headwind of Microsoft changing the directory name with every Windows release and being full of spaces and so long it runs off the screen. [question about what to backup] The directory is "%appdata%\Bitcoin" It has spaces in it so you need the quotes cd "%appdata%\bitcoin" On XP it would typically be: C:\Documents and Settings\[username]\Application Data\Bitcoin Backup that whole directory. All data files are in that directory. There are no temporary files. [question about what to backup] The crucial file to backup is wallet.dat. If bitcoin is running then you have to backup the whole %appdata%\bitcoin directory including the database subdirectory, but even if it's not running it certainly feels safer to always backup the whole directory. The database unfortunately names its files "log.0000000001". To the rest of the world, "log" means delete-at-will, but to database people it means delete-and-lose-everything-in-your-other-files. I tried to put them out of harm's way by putting them in the database subdirectory. Later I'll write code to flush the logs after every wallet change so wallet.dat will be standalone safe almost all the time. > > You know, I think there were a lot more people interested in the 90's, > > but after more than a decade of failed Trusted Third Party based systems > > (Digicash, etc), they see it as a lost cause. I hope they can make the > > distinction that this is the first time I know of that we're trying a > > non-trust-based system. > > Yea, that was the primary feature that caught my eye. The real trick > will be to get people to actually value the Bitcoins so that they become > currency. Hal sort of alluded to the possibility that it could be seen as a long-odds investment. I would be surprised if 10 years from now we're not using electronic currency in some way, now that we know a way to do it that won't inevitably get dumbed down when the trusted third party gets cold feet. Once it gets bootstrapped, there are so many applications if you could effortlessly pay a few cents to a website as easily as dropping coins in a vending machine. [this next bit turned out to be very controversial. there is extreme prejudice against spam solutions, especially proof-of-work.] It can already be used for pay-to-send e-mail. The send dialog is resizeable and you can enter as long of a message as you like. It's sent directly when it connects. The recipient doubleclicks on the transaction to see the full message. If someone famous is getting more e-mail than they can read, but would still like to have a way for fans to contact them, they could set up Bitcoin and give out the IP address on their website. "Send X bitcoins to my priority hotline at this IP and I'll read the message personally." Subscription sites that need some extra proof-of-work for their free trial so it doesn't cannibalize subscriptions could charge bitcoins for the trial. [again, I don't know why I'm including this, as it's best to stay away from claims about spam. people automatically react violently against any suggestion of a spam solution.] > Spammer botnets could burn through pay-per-send email filters > trivially (as usual, the costs would fall on people other than the > botnet herders & spammers). Then you could earn a nice profit by setting up pay-per-send e-mail addresses and collecting all the spam money. You could sell it back to spammers who don't have big enough botnets to generate their own, helping bootstrap the currency's value. As more people catch on, they'll set up more and more phony addresses to harvest it. By the time the book "How I got rich exploiting spammers and you can too" is coming out, there'll be too many fake addresses and the spammers will have to give up. > > * Spammer botnets could burn through pay-per-send email filters > > trivially > If POW tokens do become useful, and especially if they become money, > machines will no longer sit idle. Users will expect their computers to > be earning them money (assuming the reward is greater than the cost to > operate). A computer whose earnings are being stolen by a botnet will > be more noticeable to its owner than is the case today, hence we might > expect that in that world, users will work harder to maintain their > computers and clean them of botnet infestations. One more factor that would mitigate spam if POW tokens have value: there would be a profit motive for people to set up massive quantities of fake e-mail accounts to harvest POW tokens from spam. They'd essentially be reverse-spamming the spammers with automated mailboxes that collect their POW and don't read the message. The ratio of fake mailboxes to real people could become too high for spam to be cost effective. The process has the potential to establish the POW token's value in the first place, since spammers that don't have a botnet could buy tokens from harvesters. While the buying back would temporarily let more spam through, it would only hasten the self-defeating cycle leading to too many harvesters exploiting the spammers. Interestingly, one of the e-gold systems already has a form of spam called "dusting". Spammers send a tiny amount of gold dust in order to put a spam message in the transaction's comment field. If the system let users configure the minimum payment they're willing to receive, or at least the minimum that can have a message with it, users could set how much they're willing to get paid to receive spam. > The last thing we need is to deploy a system designed to burn all > available cycles, consuming electricity and generating carbon dioxide, > all over the Internet, in order to produce small amounts of bitbux to > get emails or spams through. > > Can't we just convert actual money in a bank account into bitbux -- > cheaply and without a carbon tax? Please? Ironic if we end up having to choose between economic liberty and conservation. Unfortunately, proof of work is the only solution I've found to make p2p e-cash work without a trusted third party. Even if I wasn't using it secondarily as a way to allocate the initial distribution of currency, PoW is fundamental to coordinating the network and preventing double-spending. If it did grow to consume significant energy, I think it would still be less wasteful than the labour and resource intensive conventional banking activity it would replace. The cost would be an order of magnitude less than the billions in banking fees that pay for all those brick and mortar buildings, skyscrapers and junk mail credit card offers. Satoshi > BTW I don't remember if we talked about this, but the other day some > people were mentioning secure timestamping. You want to be able to > prove that a certain document existed at a certain time in the past. > Seems to me that bitcoin's stack of blocks would be perfect for this. Indeed, Bitcoin is a distributed secure timestamp server for transactions. A few lines of code could create a transaction with an extra hash in it of anything that needs to be timestamped. I should add a command to timestamp a file that way. From a thread on p2presearch which starts with my rant about trust being the root weakness of all conventional financial systems. http://listcultures.org/pipermail/p2presearch_listcultures.org/2009-February/thread.html I've developed a new open source P2P e-cash system called Bitcoin. It's completely decentralized, with no central server or trusted parties, because everything is based on crypto proof instead of trust. Give it a try, or take a look at the screenshots and design paper: Download Bitcoin v0.1 at http://www.bitcoin.org The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. A generation ago, multi-user time-sharing computer systems had a similar problem. Before strong encryption, users had to rely on password protection to secure their files, placing trust in the system administrator to keep their information private. Privacy could always be overridden by the admin based on his judgment call weighing the principle of privacy against other concerns, or at the behest of his superiors. Then strong encryption became available to the masses, and trust was no longer required. Data could be secured in a way that was physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter what. It's time we had the same thing for money. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless. One of the fundamental building blocks for such a system is digital signatures. A digital coin contains the public key of its owner. To transfer it, the owner signs the coin together with the public key of the next owner. Anyone can check the signatures to verify the chain of ownership. It works well to secure ownership, but leaves one big problem unsolved: double-spending. Any owner could try to re-spend an already spent coin by signing it again to another owner. The usual solution is for a trusted company with a central database to check for double-spending, but that just gets back to the trust model. In its central position, the company can override the users, and the fees needed to support the company make micropayments impractical. Bitcoin's solution is to use a peer-to-peer network to check for double-spending. In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle. For details on how it works, see the design paper at http://www.bitcoin.org/bitcoin.pdf The result is a distributed system with no single point of failure. Users hold the crypto keys to their own money and transact directly with each other, with the help of the P2P network to check for double-spending. Satoshi Nakamoto http://www.bitcoin.org Martien van Steenbergen Martien at AardRock.COM Thu Feb 12 08:40:53 CET 2009 Very interesting. Is this akin to David Chaum's anonymous digital money? His concept makes sure money is anonymous unless it is compromised, i.e. the same money spent more than once. As soon as it's compromised, the ‘counterfeiter’ is immediately publicly exposed. Also, in bitcoin, is there a limited supply of money (that must be managed)? Or is money created exaclty at the moment of transaction? Succes en plezier, Martien. Martien van Steenbergen wrote: > Very interesting. Is this akin to David Chaum's anonymous digital money? > His concept makes sure money is anonymous unless it is compromised, i.e. > the same money spent more than once. As soon as it's compromised, the > ‘counterfeiter’ is immediately publicly exposed. It's similar in that it uses digital signatures for coins, but different in the approach to privacy and preventing double-spending. The recipient of a Bitcoin payment is able to check whether it is the first spend or not, and second-spends are not accepted. There isn't an off-line mode where double-spenders are caught and shamed after the fact, because that would require participants to have identities. To protect privacy, key pairs are used only once, with a new one for every transaction. The owner of a coin is just whoever has its private key. Of course, the biggest difference is the lack of a central server. That was the Achilles heel of Chaumian systems; when the central company shut down, so did the currency. > Also, in bitcoin, is there a limited supply of money (that must be > managed)? Or is money created exaclty at the moment of transaction? There is a limited supply of money. Circulation will be 21,000,000 coins. Transactions only transfer ownership. Thank you for your questions, Satoshi Martien van Steenbergen wrote: > Reminds me of: > > * AardRock » Wizard Rabbit Treasurer > <http://wiki.aardrock.com/Wizard_Rabbit_Treasurer>; and > * AardRock » Pekunio <http://wiki.aardrock.com/Pekunio> Indeed, it is much like Pekunio in the concept of spraying redundant copies of every transaction to a number of peers on the network, but the implementation is not a reputation network like Wizard Rabbit Treasurer. In fact, Bitcoin does not use reputation at all. It sees the network as just a big crowd and doesn't much care who it talks to or who tells it something, as long as at least one of them relays the information being broadcast around the network. It doesn't care because there's no way to lie to it. Either you tell it crypto proof of something, or it ignores you. > Are you familiar with Ripple? As trust systems go, Ripple is unique in spreading trust around rather than concentrating it. [I've been asked at least 4 other times "have you heard of Ripple?"] Michel Bauwens wrote: > how operational is your project? how soon do you think people will be > able to use it in real life? It's fully operational and the network is growing. If you try the software, e-mail me your Bitcoin address and I'll send you a few coins. We just need to spread the word and keep getting more people interested. Here's a link to the original introduction of the paper on the Cryptography mailing list. (Inflation issues were superseded by changes I made later to support transaction fees and the limited circulation plan. This link is a moving target, this archive page is just a certain number of days back and the discussion will keep scrolling off to the next page.) http://www.mail-archive.com/cryptography@metzdowd.com/mail3.html A little follow up when the software was released. http://www.mail-archive.com/cryptography@metzdowd.com/mail2.html My description of how Bitcoin solves the Byzantine Generals' problem: http://www.bitcoin.org/byzantine.html


What can I help you with?


Good night.


Yeah, ask away. I have some questions myself. 😁


Most bullish case for the real world bitcoin economy.

nostr:nevent1qqsr44d2zpm6l4krm9c54l6ykmk5xvv5qyj5w96ddfncsh0ep8uvp9qpz3mhxue69uhkummnw3ezummcw3ezuer9wcpzp6y2dy0f3kvc0jty2gwl7cqztas8qqmc5jrerqxuhw622qnc2pq3qvzqqqqqqyzc5ggm


My blog looks pretty sexy on highlighter.com

https://i.nostr.build/0wJJ.png


![keetroom](https://i.nostr.build/GkRJ.png)
Keet is a peer to peer chatroom that enables high quality file transfers. It can be used for video chats, but it's peer to peer and you don't need to pay a monthly fee.  It uses cryptography, but it has no blockchain or any tokens. You can also connect LND to it to accept bitcoin payments.

**I don't like asking for people's email**. It's not that I have any ideological reasons for this, it's just that e-mail kinda sucks. [Adam back tried to fix it in the 1997](http://hashcash.org/). It would have worked, but nobody else cared. As it turns out,. that thing that could fix e-mail became the backbone of the bitcoin time-chain.

I like Substack, but I don't want you to give Substack your e-mail address.

I would prefer if you joined my Public Keet Chatroom. My goal is for it to become a sufficiently decentralized public communications channel. Please run Keet on your computer.

Share this so others may join.

pear://keet/yrb955cz6q8tboskmeyjsmg55syi3jeii9o4wj4huz33w5nzxd8qpdfy9dbup1a1pkz7arwbjz5r34aifhrbdo7ebdo7a3ufx6d7rrmj9tksx45f

I created a keet room to notify my readers of new blogs and engage with them.


They are forced to gamble. Fiat is designed to lose value. You are forced to buy stocks that will be taxed later to prop up the corporations.

Before bitcoin, you could not opt-out of this shell game. You could buy gold. It did better than real estate over the last 50 years, but it did not beat the Boggle heads.


Trump likes the dollar because he benifits from the Cantillon Effect.

Trump voters think Trump will get them closer to the money spigot. They're wrong. The system is heading towards hyperinflation and it doesn't matter which branch of the uniparty wins.

They don't even pretend otherwise anymore.  If this election is the most important election in our lifetimes, why have we not seen either of these eight decade old people debate?

We talk a lot about the orange pill. It took me a long time to fully grasp this concept.

Fiat is the world that has been pulled over your eyes to blind you from the truth.

The NPC's in the crowd applaud the dollar because they took the green pill and are stuck in the fiat matrix.


'I like the dollar."


Trump says he likes the dollar. 🚩


How do calculate the checksum and addresses without hardware?


That might be a better strategy. It's hard to be a nym.


Me too. It's one of the reasons I try to stay private online.


One of the odd benefits of living in Shanghai was that Twitter wasn't an easy option.   Great Firewall and all that.  Fortunate in a way I suppose.

Made it a point though to figure out a way to be on Nostr and it has been (thus far) a very rewarding experience.


I love hearing stories like this. Thank you for sharing.


Agreed.


I took some time off twitter. I tried going back, but it feels like a chore.


I just got here


I think it sould end with the "I am not Satoshi Dorian Nakamoto" email.


Keet is really cool, but it needs more people using it to become sufficiently decentralized so I made a tutorial about how to use Keet and what you might want to use it for.

Keet is peer-to-peer and uses cryptography in an elegant way, but it does not have a blockchain.  You can use it for:

- Video Calls
- Sharing files between computers
- An online local meetup

You can even hook  LND  up to it.

show notes

Bitcoin Audible: Chat_092 - Second Coming of the P2P Web
https://www.fountain.fm/episode/HbdmX6XJsPScS45CFPlJ

Satoshi on p2p networks
https://satoshi.nakamotoinstitute.org/quotes/p2p-networks/

This is a video event and can be viewed at https://www.flare.pub/w/naddr1qqr5uwrjgf6yv4gzyp6m7g6nrt5lnrrzn9d6quv3ujyw44r4jafhr43a0h75d00ph75f2qcyqqqgtwcnu5jae


Where would the movie begin?

The Cypherpunk manifesto, or when Satoshi e-mailed Adam Back?


Yeah


I've thought about it, but I haven't written a screenplay since college.


Whatever happened with UTXO? Does he still have his freedom?


Do you sell this stuff?  I saw your store on shopstr. The hat rack is interesting.


They can't pull the wool over our eyes anymore.


I think their just trolls. Nobody who says "store of value" or "fiat" is a no coiner.


Me too. 🤙


# Build The Bitcoin Economy on Nostr

In my [last blog](https://habla.news/u/blog@bloggingbitcoin.store/bitcoin-is-not-a-belief)I wrote about how Bitcoin is not a belief, but applied elliptical curve cryptography.  It is not a circle, but keys are like a half circle with squiggly lines. Nevertheless, it is common to hear the Bitcoin economy described as a circular economy. One of my favorite writers of bitcoin philosophy, Knut Svanholm, does not like this term. He says there's nothing circular about it. He knows much more about math than me, so he's probably correct, but I like the term because it creates a nice visual.

The Casino Economy

We will first use the shitcoin casino economy to contrast this Bitcoin circular economy. The shitcoin gamblers don't care much about the second sentence of the Bitcoin White Paper:

"Digital signatures are part of the solution, but the main benefits are lost if a trusted third party is still required for spending."

![wheel](https://i.nostr.build/jMdM.png)

The majority of bitcoin traders are gamblers who treat bitcoin like a casino chip. They deposit their money with the casino like Coinbase. This casino doesn't have some old lady wears a vest and a visor. They automatically deposit casino chips in your account. it's not a revolution. It's accounting. They gamble like someone betting 100 bucks on hard eights.  These chips, the coins they shill only have value in the coinbase casino.  Chips from the Bellagio have value at the Bellagio. Therefore, you can use to play blackjack at the Bellagio. Shitcoins can be used to bet on a line going up or down like red or black on a roulette wheel. Try and use these same chips at Cesar's palace, and you'll probably receive a wellness check.

Assuming you have all your facilities, you would never try to buy an energy drink at Walgreen's in Las Vegas with a Bellagio chip.. Walgreens accepts credit cards, debit cards, and paper portrits of presidents and the guy who invented spectacles. The casino chips are a token not money or accepted for payments anywhere except for the casino.

How Most People Use Bitcoin

![charts](https://i.nostr.build/W3ve.png)

As much as I hate to admit it, most people with an account at a cryptocurrency casino treat Bitcoin like a casino chip at the Bellagio. They do not sell fiat like the ride or die freaks and computer geeks who know the difference between hexadecimal and binary, how many days until the halving what the total supply of bitcoin will be in the year 2032, or how to live on zero fiat.

People who do not take custody of their bitcoin do not own Bitcoin. They trade BTC for USD like a game of chance. Instead of drawing a card at poker, they draw the Bolinger band and bet on whatever this computerized oracle supposedly tells them. Bitcoin is not a revolution for these people. It is late stage fiat. If their currency collapsed, they would think they got rich until they realize the USD they were trading for is not a very good store of value.

As celebrated as the Bitcoin ETF's in the US were, they are not peer to peer electronic cash, but merely chips at a bigger Casino. Like the Bellagio chip, this Bitcoin cannot be spent at Walgreen's. They never consider buying a Walgreen's gift card from Bitrefill or Visa gift card from The Bitcoin Company. They think nostr is a boring, decentralized version of Twitter. They do not recognize it as a Galt's Gulch Online with an online marketplace, and an Internet which is not controlled by corporations--corporations that are controlled by government.

[gold/real estate](https://i.nostr.build/okRQ.png)

They don't see bitcoin as a new system. They use it in the old system. They want real estate built with fake money.  They buy bitcoin or the thousands of other cryptocurrencies in the hopes of obtaining more dollars because the American dream is dead. They never think to price homes in gold since 1971. Stay proud, gamble sats.

Gambling is nothing new under the moon. In the Bible, Jonah was on a ship in a big storm. The sailors thought they could calm the storm by throwing a man overboard. They chose the man to throw by throwing lots, an  ancient dice game. Jonah drew the short end of the stick so to speak. As the story goes, he ended up in the belly of the whale. He was  saved by the grace of god. Maybe the story is true, maybe it isn't, but that's not the point. The point is to teach us ancient wisdom from ancient people. As Jordan Peterson says, Pinocchio is a different version of the same archetype. Maybe you don't believe in Jordan Peterson because he doesn't recognize your preferred pronoun. Maybe you are pro pronoun, maybe you are anti-pronoun. Who cares? You are focusing on the current thing, the thing the media wants you to focus on. It's the fiat matrix, "the world that has been pulled over your eyes to blind you from the truth."  You are told bitcoin is for criminals and money launderers. You are told real estate goes up in value, but you are not told houses cost less ounces of gold then they did in 1971. You argue about whether or not we need to decrease the gender wage gap, but forget one person needed one job to afford a house, a car, and food when money was backed by gold.

![truth](https://i.nostr.build/43rD.png)

The point of the story is gambling can get you into trouble.  The wisdom of the ancient people tell us gambling is a bad idea, you're better off saving your money. The problem with fiat is that it forces you to gamble because you can't save it. Sure, you can keep your bullshit pay in a savings account that pays 0.01% interest, but that's not going to help you save for a house. The price of housing goes up faster than the price of wages. You either gamble or you are guaranteed to lose.

Much of my youth was misspent gambling. I was profitable, but it came with great opportunity cost. I could have spent that time learning to code, writing a book, or starting a family. I bought poker chips instead and constantly tried to turn them into more fiat.

I understand why people gamble on crypto. I understand why they get scared when crypto casinos like FTX steal their money. It has to do with that second sentence of the Bitcoin white paper again. The one thing I would like to tell these people is Bitcoin makes it possible to save again. It makes long term saving more profitable than gambling.

The Bitcoin Circular Economy

![nostr market(https://i.nostr.build/V387.png)]

The bitcoin circular economy is using bitcoin as peer-to-peer electronic cash instead of bitcoin. It is an economy of people who no longer price bitcoin in fiat, but price everything else in bitcoin. If more people thought this way, there would never be a need for so many people to keep their bitcoin on casinos. They could just save it and watch their ability to buy more stuff over time sans any crazy casino blow-ups. That means there is no honey pot for unscrupulous dorks like SBF to steal.

Bitcoin becomes something you use to buy things with. You buy beef with Bitcoin because everyone needs to eat. You buy pins from BTC Pins because the look cool, and hats from Bitcoin Hat guy to cover your bald spot. I believe Bitcoin needs to get off the exchanges and into the hands of the people. Not only will this be the best possible outcome for the BTC/fake_money charts, but it will be better for humanity.

You don't need to  buy dollars to “take profits”.  You can just spend your bitcoin to buy things you want and need. As the value increases, you can buy more thins, but you'll find you don't want many of those things anymore. The question is, how do we do that?

## Shop With Sats

It is now possible to get paid in Bitcoin and never send it back to an exchange, but much of this is sending your sats to a middle man. I'm certain they need to sell these sats for dollars to convert them into ars to pay your mortgage. I don't have a problem with this. I belive  using services like bitrefill are still good for Bitcoin because they keep their profits in bitcoin, but that's not what this blog post is about.

There are Groupon like apps like Oshi that are awesome, It's a good spot to find Business like the Bitcoin beef initiative that accept Bitcoin for everyday goods and services. You can buy coffee and beef with it online, even if no shops around you accept Bitcoin. You can find brick and mortar Bitcoin accepting business by downloading BTCMaps on F-Droid, the App Store or Google Play. The Orange Pill App now has a similar feature on the site. Sell collectibles on scarce city, or sell junk on sats crap. I'm sure there are more places that accept Bitcoin as payment, but they're scattered throughout the Internet and not easy to find.

 These services and apps are great, but what we really need is a decentralized marketplace.  I am aware that darknet markets exist, but that's not what I mean. We need a  bitcoin version of Facebook Marketplace. A place where you can find a wide variety of goods and services.

Nostr Marketplace

It just so happens such a market place exists on nostr. There are three options I am aware of:

plebian.market
shopstr
LNbits Nostr Marketplace(requires the nostr extension)
The Amethyst App.

Say you have some used underwear to sell. Post it on plebian marketplace. That was supposed to be a joke, but now that I think of it, I bet there's good money in selling used underwear. Nevertheless, it's this really cool corner of the Internet where people can sell stuff for Bitcoin on nostr, an emerging marketplace. We are so early.  There is not much stuff on there yet, but we need to promote it. Look. Here's the thing. People are tired of you telling them to buy Bitcoin. Use my link so i can get a few thousand sats. Go to this exchange, Watch the fiat news to see the BTC/fake_money charts and  the next exchange collapse. Panic sell your sats. Rinse and Repeat.

I have some bad news for you. That's not helping bitcoin adoption. That's giving most people who don't have the ability to save another option to gamble. Some small percentage of these people will realize they are slaves like Neo in the Matrix and follow us down the rabbit hole, but most neurotypical people will get scared and sell their Bitcoin before experiencing their first halving. So stop telling people to buy bitcoin.

Teach them how to earn, spend, and save bitcoin instead. Have them download the Fountain app. Have them listen to your favorite Bitcoin podcast and earn sats while they listen. Send them a few thousand sats Get them used to the idea that Bitcoin is no a poker chip, but electronic cash. Warn them of the risks of trusted third parties. Teach them this is not their Bitcoin until they send it to a wallet in which they control the keys.

Help them create nostr keys. Have them write down the 12 words and keep them somewhere safe( I use amethyst, I don't know how you back your keys up). This also good practice for learning how to use BIP39 words when they eventually buy a Cold Card too. Now they are on nostr, If they have something to sell, they also have a way to accept Bitcoin without being an IT wizard , getting a business license, or taking a selfie.🤳Android users can use Amethyst to add stuff to the nostr marketplace. Now they have the ability to earn Bitcoin as they learn Bitcoin.

Shop Nostr Marketplace

![nostr marketplace on amythyst](https://i.nostr.build/J39l.png)

It's very early, but I want to see less complainy-pants Bitcoiners comparing nostr to X-Twitter and more Bitcoiners using nostr to sell stuff for sats. You should also encourage others to do the same. Most of the stuff people sell will kinda suck at first, but as we progress, it will get better. There's already some quality stuff like [socks](https://plebeian.market/product/b46a1dc4-1f1f-4308-ab91-7c45f210617a) or [LeatherMint belts](nostr:npub1v0tfjv5ahr3c260jtzdk5w48krerrnkg8fmcnc5lpguk0qda04eqzm3m3e)

Let's work to increase Bitcoin  adoption by shopping and selling on nostr. Have a wife who's really into arts and crafts, but tired of hearing you talk about how Bitcoin is going to the moon? Why not have her sell some of her Cricut creations on nostr? We can't wait for hyperbitcoinization to happen by encouraging Bitcoin gambling. We will get more Bitcoin off the exchanges if we get it into the hands of The People by bootstrapping a robust bitcoin  marketplace.

[฿logging฿itcoin](https://bloggingbitcoins.xyz/)
[831,465](https://timechaincalendar.com/en/block/831465)
[US Debt Clock](https://www.usdebtclock.org/)

Support by [zapping](nostr:nevent1qqsgyphs0ys2ahhx2rxy6xfwqlvhlzt603vuuhez4scrzh6a9zdzxasppemhxue69uhkummn9ekx7mp0qgs8t0er2vdwn7vvv2v4hgr3j8jg36k5wkt4xuwk847l634auxl639grqsqqqqqpa6etnt), sharing, [shopping](nostr:npub1wkljx5c6a8uccc5etws8ry0y3r4dgavh2dcav0tal4rtmcdl4z2sfu5u0t), and [subscribing to my keet chatroom](pear://keet/yrbhppmkxxk5sk795b6jrt6j5fdu3kpbhmcpwuha6iaxqd5anu443spy9dbup1a1pkz7arwbjz5r34aifhrbdo7ebdo7a3ufx6d7rrmj9ucoz4mf).

This blog is sponsor free, but I created some [v4v ads](https://habla.news/u/blog@bloggingbitcoin.store/shop-the-bitcoin-circular-economy) to promote the use of bitcoin as a payment solution. These are **word of mouth ads designed to promote the bitcoin economy**.

In this blog I write about the difference between using bitcoin as p2p electronic cash and using it as a casino chip. I believe growing the bitcoin economy will also help with  BTC/fake_money NGU.

This is a long form article, you can read it in https://habla.news/a/naddr1qq3xyatfd3jz6argv5kky6t5vdhkjm3dv43k7mn0d4uj6mmw94hx7um5wgpzqadlydf3460e333fjkaqwxg7fz82636ew5m36c7hml2xhhsml2y4qvzqqqr4gulztnrv


How do you do you get access to beta?


The best kind of olive oil.


Looks great.


That"s why KYC Free bitcoin is the free market price.


Ok I fixed it just for you 🤝🫡
https://image.nostr.build/d119d7bad55a9707557b1fe9c8b1357248e7f7f1eb5bc6d251804f8f53b9b9af.jpg


Had to learn this the hard way.


Fractional reserve banking is theft.


Git it, clown world news. Thanks.


Good mornin'


Don't trust, verify.

Read this if you want to learn how.

https://btcguide.github.io/


I have no idea what Navalny is.


I can still read the blogs I posted on blogstack on yakihonne or habla.news, but it's a good idea to self host too.


People ideologically opposed to fiat still need to buy groceries. I'm sure the companies who sell gift cards for sats need to sell the sats for fiat to buy gift cards.


I don't know, but I just can't help myself.

Fiat "is the world that been pulled over your eyes, to blind you from the truth."

I don't start with "buy bitcoin" anymore.

I compare the price of my parent's house to gold instead of fiat. Their house is worth less about 16% less gold today than it was worth 34 years ago despite the 4.5x price increase and the tens of thousands of dollars they have spent on repairs.

Some people think nothing of it. Some people ask more questions. The people who ask questions are more likely to take the orange pill. I tell those people bitcoin is the way out of this mess.

I think the truth is good, but most people don't want the truth.


There's an AI frenzy and Taylor Swift AI porn?


I read this book. He doesn't even like bitcoin. I often wonder what he would think of nostr, especially for musicians.


Ask the question here:  https://www.spiritofsatoshi.ai/


I thought so, that's why I asked the Spirit of Satoshi AI.


I thought it would be cool to publish a letter that is encrypted to Satoshi Nakamoto.  I also want some responses to ask Spirit of Satoshi AI.

 https://i.nostr.build/23KP.png


France sent a warship to New York harbor in early August 1971 with instructions to bring back its gold from the New York Federal Reserve Bank. It was, after all, French President Charles de Gaulle who remained consistently skeptical about the US dollar, saying at a press conference on February 4, 1965, that it was impossible for the dollar to be "an impartial and international trade medium . . . It is in fact a credit instrument reserved for one state only." (Cited in Benn Steil's The Battle of Bretton Woods. Princeton University Press, 2013.) After August 15, 1971, the value of the dollar floated against other major currencies, thereby relieving the pressure on the world's major reserve currency but also removing the earlier discipline to use that responsibility carefully.


Valuation can only take place in terms of units, yet it is impossible that there should ever be a unit of subjective use value for goods. Marginal utility does not posit any unit of value, since it is obvious that the value of two units of a given stock is necessarily greater than, but less than double, the value of a single unit. Judgments of value do not measure; they merely establish grades and scales. 4 Even Robinson Crusoe, when he has to make a decision where no ready judgment of value appears and where he has to construct one upon the basis of a more or less exact estimate, cannot operate solely with subjective use value, but must take into consideration the intersubstitutability of goods on the basis of which he can then form his estimates. In such circumstances it will be impossible for him to refer all things back to one unit. Rather will he, so far as he can, refer all the elements which have to be taken into account in forming his estimate to those economic goods which can be apprehended by an obvious judgment of value<—that is to say, to goods of a lower order and to pain-cost. That this is only possible in very simple conditions is obvious. In the case of more complicated and more lengthy processes of production it will, plainly, not answer.


The global mine production of gold steadily rose following the 2008 economic crisis. In 2010, gold mine production worldwide totaled 2,560 metric tons and has surpassed three thousand metric tons in each year since 2015. Alongside mining costs, the U.S. production value of gold increased from 3.67 billion U.S. dollars in 2005 to a high of 12.6 billion U.S. dollars in 2012. Figures have since fluctuated, standing at 11 billion U.S. dollars in 2020. China is currently leading the global gold mining countries, with an estimated 330 metric tons produced in 2022, while Australia came in a close second, producing about 320 metric tons in the same year.


In 2023, worldwide gold production stood at 3,000 metric tons. Gold is a transition metal known for its bright lustrous yellow coloring. For industrial purposes, its malleability, ductility, and resistance to corrosion and many chemical reactions makes it ideal for applications such as electrical connectors, infrared shielding, and gold leafing.


"Nodes can leave and rejoin the network at will, accepting the proof-of-work chain as proof of what happened while they were gone."

-Satoshi Nakamoto, Bitcoin: A Peer-To -Peer Electronic Cash System


Download the fountain app, and add the lightning address it gives you to your profile. It's custodial, but at least there's no KYC. I can help you set up a non-custodial wallet later.


WE NEED ENCRYPTED MAIL ON NOSTR.

https://github.com/asherp/nostr-mail


I've heard a couple people say you should go back to Twitter to orange pill the masses.

I think we need to purple pill the masses.


India banning Proton Mail is why we are here


I'm not worried about Tether, but the bonds that back them are scary AF.


Have you ever been here?

 https://www.museumoftolerance.com/


I can't believe I accidently zapped this.


You make a good point. I still have a regular cell phone too.


Fuck these people.


I’m hearing more and more people switching to ghost from substack, medium, and wordpress. It’d be cool to get a plugin to publish to these long form posts to nostr. Especially if it’s tied in to helping them get a lightning address and being able to charge over nostr for their paid subscription content.


I run an instance on Start 9 and I've hosted it on Yunohost before, but it's easier to run stuff over clearnet on Umbrel. Maybe there's some sort of way to make a bridge with an lnbits extension.


Good move. This is a great wallet, especially for kids. I like Blixt too because it has a lightning address, but it's buggy for me.


I forgot about this guy.


Just don't use it.


How's the NFC work?


I'm so jealous.


It shows up as a blocked page on snort.


👀
Listen!https://i.nostr.build/V3wQ.png🦻

blob:https://immich.bloggingbitcoins.xyz/1d388a9b-5526-4c8b-86fb-82667021f82d


👀
Listen!🦻

blob:https://immich.bloggingbitcoins.xyz/1d388a9b-5526-4c8b-86fb-82667021f82d


Soon P2P network BitTorrent became extremely popular. According to some estimations, in 2004 its traffic represented from 20 to 35% of all traffic on the Internet.


This is fucking great!


It’s an agnostic P2P connection layer, meaning you could run Nostr over pear runtime same as you can over relays. You would just need servers/relays that act as a bridge, broadcasting from one to the other.


No. It's not like that at all. It's the exact opposite of that.


Make peer-to-peer great again!

nostr:nevent1qqsxtpfx32t7sjdnl5mnpzquu3495f960g25xca6x4tyek06kasakhgprpmhxue69uhhyetvv9ujumn0wd68yct5dyhxxmmdqgstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqrqsqqqqqphf8n2v


I love it.


Nostr connect is really freaking cool.
It's not just a Twitter clone.
I'm zapping in discord now.


"Making it easy for merchants to receive bitcoin side-by-side with fiat payments is how we see merchants driving the shift to bitcoin long-term. Everything we build—including a diversity of fiat rails—is designed to help more businesses make the decision to invest in bitcoin payment infrastructure."


no.


Testing.

Please send 10 sats to the following address.

nostr:npub1wkljx5c6a8uccc5etws8ry0y3r4dgavh2dcav0tal4rtmcdl4z2sfu5u0t@npub.cash

nostr:nevent1qqsq20d0fd6rqhlx4g7dqr8cnknp73qcmc968t2fscufh2hvwaljk8gpp4mhxue69uhkummn9ekx7mqzypgdjn7zmpvqc6ptqud9gtutrcc6yq9s2z96h9dr80hss4wl9qwkxqcyqqqqqqgfm8xhv


I like Alby, but it has more friction because you need an invite code now.


But it's not twitter, so the bluechecks think nostr ngmi.


Few understand this.
nostr:nevent1qqs2tzytzav7hs5qy20gaqe26gdgaq5j0l0lypzlszx8qe35mr4nkpgpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpp6hqhgrf93msjr6sfrydpsj4p2w62667e47jdhpujxztn5k5agdqvzqqqqqqy4qha55


Great quote.


Currently, paying a fee is controlled manually with the -paytxfee switch.  It would be very easy to make the software automatically check the size of recent blocks to see if it should pay a fee.  We're so far from reaching the threshold, we don't need that yet.  It's a good idea to see how things go with controlling it manually first anyway.


I expect to get banned. 🤣


Check this out.

zapper.nostrapps.org + nosl.ink

Let me bring zaps to Twitter.


This is about proton, but I'm sure they would ban tutanota too.


PGP encrypted email.


Crypto wars are back.


My wife wants to pay off our credit cards. I told her, that strategy made sense 20 years ago. It doesn't make sense to pay off 0% interest cards in a high inflation environment.


Looks intesting. When flare pub?


Conduit.coffee coming soon for the community 💪🏼🙏🏼 nostr:note18lly972xdv7nkk98m9q072scz3k7tcx3qu29zsdpzx2auqgdgy4q4sles5


Yes.


There's a big learning curve and I'm still learning.


I spend about 15 minutes a day on Twitter to recruit normies, but it's annoying.

I told someone housing in California has  performed worse than gold and some dude said the price of bitcoin dropped by 0.35% because the dollar dictator said something about CPI.

WTF?


Github. They have support button, but I prefer sending sats.  The automated payments are getting better too, but I'm still having issues.


Just started using this for a couple apps. This is really easy.


🤖 Discord Zap Bot 🤖

Now open to everyone. Add to your server with this link: https://bit.ly/discordzaps
- Click ⚡ to zap a post
- Use /zap_all to zap everyone in a server with one click
- Use /connect to link a wallet and set zap amount
- Made with the $prism API: www.makeprisms.com

$boost $like

https://image.nostr.build/b01bde457ed4677d52ccd249b919fa04c401519c73bc743e37adc4049dccb1e3.png


I think I sent youna hundred sats on the Prism discord. Did it work?


Hello Nostrians!

Check out the latest piece for Bitcoin Magazine Shinobi about Nostr Wallet Connect potential for sparking a Cambrian explosion of bitcoin apps #nwc

https://bitcoinmagazine.com/technical/nostr-wallet-connect-a-bitcoin-application-collaboration-layer

Some best quotes below 👇

"Standardized mechanism needs to exist for all of different tools to talk to each other. This would allow each application and Lightning wallet developer, to all simply integrate one single protocol that would enable their applications to communicate with each other."

"Nostr Wallet Connect is a protocol making the attempt at being a truly generalized mechanism for fulfilling this need."

"It's based on Nostr’s identity architecture where every event is signed by a cryptographic keypair. This allows an application to generate a Nostr keypair, and from that alone have a cryptographic authentication mechanism to use with an external Bitcoin wallet"

"All of this is coordinated over Nostr, allowing for a very redundant means of communication not dependent on a single centralized messaging mechanism to facilitate the network connection between an application and wallet software or infrastructure running on their home network."

"NWC is useful for far more than simply integrating Lightning into Nostr applications. The entire design philosophy of Nostr itself was centered around keeping it simple enough that the entire protocol could be easily implemented correctly by any developer with minimal time."

"Nostr is the perfect underlying protocol to facilitate that given its incredible simplicity and the redundancy of a large set of relays to utilize. NWC is the perfect example of that being a viable solution. "

Learn more at: https://nwc.dev/

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


SimpleX works pretty good, but my family is tired of downloading new apps.


We agree. It's a good question.


Correction, 2 things. They also agree the national debt and national deficit should grow every year


Why should we vote between two people who have not participated in a single debate who only agree on one thing: The person in charge of the money should stay the same.


⚡ Zaps For All ⚡

I’m thrilled to announce our new API enabling zaps in ANY app.

Zaps are a new, jaw dropping customer experience for the world and Nostr Wallet Connect (NWC) is the first Other Stuff killer feature of Nostr.

Use our API to enable zaps in your app without needing to integrate Nostr or Bitcoin and without your users needing a Nostr account.

To show what’s possible, we built the first app - a Zap Bot that enables zapping in Discord. Want to add the bot to your server? Message us at https://www.makeprisms.com/zapbot

Learn more and get API access at https://www.makeprisms.com

$boost $like

https://image.nostr.build/1b94c913e53381b794ca20b534c8b30bc1a3be0cc1af4ab19f8c37de3b6ed06e.png


Blogstack.io is now a Dodo bird too. :(


He used to post pictures here, but I haven't seen him in a while.


https://i.nostr.build/k0Dl.png

Everyone wears T-Shirts. This one supports and shills my work. I think it looks cool too, but I'm biased.

Shipping Included


https://i.nostr.build/w7VJ.jpg

This is not an NFT. NFT's are not scarce. NFT's are jpegs that can be copied by anyone who has mastered the right click.

This is a painting on Canvas. I painted it with spray paint and I attached an open dime to it.

I also assigned this painting the following npub:

nostr:npub1876xl3y9kwmth3ljll0rh2cqm8zy78jawtlqt2fgurk4jtfpz8ssmvs74l

Check it out to see the address of the open dime that is attached to it.

I also signed it by writing a note to this post on nostr and printed out a QR code of this. The QR code is afixed to the painting. As far as I know, this is the first work of art that uses nostr as a signature mechanism.

If this painting sales, I will make 20 more bitcoin logos that are each unique.

The buyer of the painting will also recieve the nostr key of the painting. You can use it to read a thank you letter I will send to the npub above. It also serves as a certificate of authenticity


Thank you. 😃


I didn't watch the Super Bowl. What commercial is this?


They are using force to take dollars away from citizens in Egypt. They don’t want Egyptians to escape the burning building. This is why KYC says are a shitcoin. Your boating accident story isn’t going to work if/when they do the same here.


My uncle was from Egypt and said communists took over and confiscated his family's property.

This was one of the reasons I found bitcoin so appealing when I first heard about it.


That's how I see it.


Retirement does not mean your work is done; it means that you finally have the freedom to pursue your dreams


100 million sats


# Bitcoin Is Not A Belief

Saying I don't [believe in bitcoin](nostr:note1x6twx36t83w7cl4stnjpaccck2agshckya2k5nw3rrexl6mr07jq0yyx8g) is like saying, “I don't believe in the Internet.” Google does not care if you believe in the Internet. The Internet works if you believe in it or not.

Saying "I believe my bank has the money my bank says it has," is a belief. Maybe they do, maybe they don't. We don't actually know, but it's belief. The money is backed by the "full faith and credit" of the nation. That's nothing more than a belief.

Bitcoin is not a belief. Bitcoin is a series of calculations. You roll a pair of dice 100 times and write down the numbers. You calculate your seed on a calculator. In elliptic key cryptography, the math makes an elliptic curve. If you draw a line on one of those points on the curve, you will cross another point on the curve. These two points represent the public/private key pair. Without the secret number, you have no way of altering the data associated with the public key.

If you have the correct secret key and are willing to pay a fee, you can spend your bitcoin. This spend is validated by all the miners around the world competing to include a batch of transactions into the bitcoin time chain. This is more math, fitting the highest bidding transactions into a puzzle that turns all data all the words into binary, the language of the machines. Then, it ads a number to it and performs trillions of calculations a second until someone finds a number with a certain amount of leading hex zeros and wins a block subsidy(for now) plus all the fees.

Part of this calculation is included in the next calculation and the process is repeated. After about 6 of these calculations it becomes virtually impossible for anyone to reverse it. This is not a belief. This is a fact. This is not a belief in nerds full faith and credit. This is math, no more of a belief than 2 + 2 = 4.

If you do it right, Nobody else knows how much bitcoin you have. It cannot be taken by Even if they do, they don't know where you keep the keys. So a company like Unchained Capital can't spend your bitcoin without another one or two of your keys no matter what, not even if the world's largest army came knocking on the door. Even if they tortured or killed you, this would not give them this knowledge. Maybe you get tortured and give them a o key to some.of your bitcoin, but they can't get all of it. Maybe you set a time lock that only allows you to.spend every 4 years. You set the rules, nobody can break the rules.

![kahn](https://i.current.fyi/current/plebai/genimg/c13c20f1-791d-45ec-a486-36a660a89e9e.jpg)

Ghengis Khan and his army may have killed 40 million people, but they could not change the rules of mathematics and say 2+2=5. Neither can any government. Sure the government of China banned bitcoin mining, but it did not stop bitcoin. Banning bitcoin is banning math. They cannot ban the number 4.. The 2+2=5 quote comes from the book, 198...sorry the last number is banned by the government. I'm not allowed to say it.  Please pass the bugs.

It sounds ridiculous, right? Almost as ridiculous as $34,000,000,000,000 national debt. Banning bitcoin is like banning the number 4. It's an idea, not a belief. It is math, calculated and verified on thousands of calculators all across the world. Distributed computer networking is just a fancy word for nerds running computers to crunch numbers and publishing the results of the numbers on a computer network. Bitcoin is not a belief, it's a bunch of calculators. You keep one calculator off the Internet, and put the irreversible and un-guessable result of that calculation on the Internet. You give the computers the ability to "check your answer" without ever seeing your answer. Because if that answer points to a specific point on an secp256k1 curve, you must have the correct secret that allows you to spend your bitcoin.

That is not a belief system. At the end of the day, it's just counting…Well, accounting--A peer to peer electronic accounting system with rules set in stone like:

No more than 21 million bitcoin.
Each bitcoin after the genesis block is released on a schedule.
There are as many private key possibilities as atoms in the universe.
Bitcoin in an unspent transaction output can only be spend by (one-out-of the number of atoms in the universe private key) or certain number of these keys when multisig is used.

Valid transactions pay a fee to be calculated into the chain of blocks thousands of computes around the wold verify. This is not a belief, nor a religion. Bitcoin is not a belief  in providence. Sathoshi is not watching over us from the clouds.. Bitcoin is people  verifying the integrity of the bitcoin time chain using computers.  I have two such computers in my closet and I converted an old S9 miner into a space heater. I don't “believe” in my space heater, the computers in my closet, or the calculator I lost in a tragic boating accident. I know these things exist. I know other people who say they also run these computers.  At least they tell me they do. I must admit, I have not verified they run them myself, but I have reason to believe they run them just like me. Do you have any reason to believe what is in your wallet?

₿logging₿itcoin

[830,051](https://timechaincalendar.com/en/block/830051)
[debt clock](https://www.usdebtclock.org/)

This blog is written with 🧡 using the [Value 4 Value](nostr:npub1wkljx5c6a8uccc5etws8ry0y3r4dgavh2dcav0tal4rtmcdl4z2sfu5u0t)
model.
Please consider hitting the[Subscribe](Subscribe(nostr:npub1wkljx5c6a8uccc5etws8ry0y3r4dgavh2dcav0tal4rtmcdl4z2sfu5u0t) button and spend sats in the[circular economy](https://habla.news/u/blog@bloggingbitcoin.store/support-your-local-bitcoin-circular-economy-to-drain-the-exchanges)
[Book Bitcoin Coaching](https://pay.bloggingbitcoins.xyz/apps/2GpiZ6ns37QY2w9WezMGz5XobCuj/pos)

Bitcoin is not a belief. It is math checked by thousands of individual nerds like me running computers in their closet.

This is a long form article, you can read it in https://habla.news/a/naddr1qqtky6t5vdhkjm3dd9ej6mn0wskkzttzv4kxjetxqgs8t0er2vdwn7vvv2v4hgr3j8jg36k5wkt4xuwk847l634auxl639grqsqqqa289e4flt


My parents bought a house in 1990. Today my mom said it cost $134,750.

I converted this to ounces of gold. It turns out gold did better than real estate.

It makes sense.  Houses depreciate over time. This calculation didn't include interest, insurance or repairs. Real estate is not a store of value. It just loses value slower than the dollar or wages.


I love this guide.


Water. 😀


Oh. Protonmail keeps logs of IP addresses.


I can't do it today, but I would like to set something like this up with nostr nests and lightning poker. Small games, more like a meet up than serious poker.


We're looking for more good examples of Tor users and Tor use cases. If you use Tor for a scenario or purpose not yet described on that page, and you're comfortable sharing it with us, we'd love to hear from you.


If you like Tor's goals, please take a moment to donate to support further Tor development. We're also looking for more sponsors — if you know any companies, NGOs, agencies, or other organizations that want anonymity / privacy / communications security, let them know about us.


Is this your actual cat? I bet you sweep a lot less than I do.


It's fascinating, but I haven't spent enough time studying it to have a strong opinion. I've only heard a little bit about it on the bitcoin dot review podcast.


I use that too, but this is a app on Start9.


Is anyone else using Cups Messenger?

#asknostr

http://6fqai7jukfzmyw5sfwl3bmnufquebjt2a645tbh67ohc3qjn465yvpqd.onion


You're way further down this rabbit hole thsn me. It's something I recently began to explore. My wife and I just designed out raised garden. We haven't set it up yet, and I'm sure there is labor involved.

I also loved Walden, and I'm sure that makes me biased.

Where can I learn more about this stuff?


On a more serious note, I think Eric Hughes put it best:

"Privacy is necessary for an open society in the electronic age. **Privacy is not secrecy. A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know.** Privacy is the power to selectively reveal oneself to the world."


Yeah, but we're talking about buying phones not crack. You can use initials on the return address on a PO BOX

If you're buying crack and need absolute privacy, use an abandoned house.

This is just an example. Don't do crack :)


Ship to a PO Box or abandoned house.


This is what I'm referring to.
https://i.nostr.build/DeR4.jpg


This is amazing.


I just listed the item with Amethyst. It's an icon on the posting menu bar.


No email or phone number required. You pay wirh bitcoin and recieve an account number. Pay more sats for more time.


We have these tools:

https://oak-node.net/doc/trunk/README.md

https://github.com/bitkarrot/scheduler/

https://geyser.fund/

https://zapplanner.albylabs.com

https://tallycoin.app/


Have you looked into permaculture and food forrest type of stuff?


Maybe they sold out.


An easy way to explain the failure of government.

For decades the government tried stop "drinking and driving".  This included billions of tax payer funded stupid ads no one listened to.  Along with destroying the lives of many who were NOT IMPAIRED at all at their time of arrest.

And after all this drinking and driving along with accidents caused by drunk drivers was never really reduced.   Any reduction happened in the 80s when the laws were first put in place from that point on, it was pretty much the same for 30+ years.

Then in 2009 Uber was founded soon followed by Lyft.  It was so effective that some police departments (mostly unions) said it was causing a lack of "revenue" because they wrote so few DWI tickets.  Governments from federal to local fought it all the way.    The average DWI will cost a person 10-20K minimum even if found not guilty.   Most of this was grift that went to the state one way or another.

California's government attempted to put all ride share drivers out of business with laws against independent contractors.  This led drivers to form corporations and LLCs just to stay in business.

Las Vegas literally pulled some of the first uber drivers over at gun point and were pushed to do so by the cab lobby and the mafia that runs the Vegas cab business.  The city of Austin tried to outlaw Uber/Lyft as well, again spurred on by Austin PD and police unions.

These are just a few examples.

Despite all this ride services survived and thrived and have done more to reduce DWIs and accidents caused due to them than 4 decades of state endorsed warfare on our own citizens and billions of dollars in PR campaigns paid for with stolen money.

The solution is Always in the free market.   The impediment to these solutions is ALWAYS government.

#grownostr


Great story.


Check out this article about me in the local business newspaper.
https://cascadebusnews.com/turning-spare-time-into-profitable-art/


This is that thing you guys just talked about on Bitcoin dot Review,  isn't it?


That's okay. I have family that lives in Pasco. How far is your store from the tri-city area?


I have some credit card debt right now because I stacked as hard as I could when bitcoin "crashed," and the banks are dumb enough to offer 0% loans in a high inflation environment.


Awesome image.


Crypto means cryptography.

Cryptography equals freedom.

nostr:nevent1qqsgqqjqntau7c8fyvuh8acxf4vwyr2ztuslh8ey4hlutd6ny0lnuuqpr9mhxue69uhhqatjv9mxjerp9ehx7um5wghxcctwvspzq70dczkpfgvxvpswkknyqua0d0u8ec8umz68k5ggz0e72k05u2slqvzqqqqqqytzvack


Great note🤙


I would like to see this in action. I heard about your store on Bitcoin and podcast. Do you guys ship ferns?


It's true. They're the hardest to break too.


I'm afraid this is not possible.


None of us have.


I watched ABC news yesterday for the first time in a long time. It's for the birds.


GOOD MORNING NOSTR, FREEDOM IS NOT GRANTED, IT IS TAKEN AND DEFENDED 🫡


What do you mean, the eliptic curve?


Ask unleashed dot chat.


What's a singer-songwriter doing jumping into NOSTR land? You tell me. I'm a musician sick of Spotify's shenanigans, and I'm here to explore what Value 4 Value can do for connecting my music with people who like it. Hey, hi


Welcome and #followed.

If you have Android, check out the Spring Browser to see what nostr has to offer. Other people have mentioned the music apps, but there is a lot more you can do here, much of which is restrained only by your imagination.


I started a Meetup in Riverside, California.

Many of the businesses near me use Clover.  I want to them to integrate Strike, pay for coffee and other stuff with bitcoin at my meetups.

The goal is to offer some sort of incentive to accept Bitcoin even if they prefer dollars, like saving fees and bringing bitcoiners from Southern California to their business.

I want to help Market local businesses to Bitcoiners on nostr by allowing them to easily accept Bitcoin on Clover and Stripe using Strike.

How should I get started?

What docs do I need to read?

How do I get an API to use with Clover?

Is it possible to use this API with LNbits?


Looks good. It might be worth it to get rid of vault warden.


This is unrelated, but I have a question about this PR. Can I send you a DM?

https://github.com/lnbits/lnbits/pull/2148


Scarce city


This is on the Umbrel store, right?


Like flare pub?


I noticed the same thing with twitter, but people mever count the monthly fee.


I have a YouTube channel with almost 11,000 subscribers and they have paid me about $14 a month in ad revenue for the exact same videos I share on NOSTR with only 2k followers.

NOSTR zaps on the other hand have made me an average of $30 a month, and it's all in sound money.

What platform is more rewarding for creators 💪?


I sold almost all my shotcoins in 2019. I only keep bitcoin and 1 USDT.

This is not investment advice.

I keep the 1 USDT as a memento. I plan to use it to teach my grandchildren what government created money looked like before it died.

The dollar is on it's deathbed.

It's like that Pringles comercial: You can't eat just one.

The Dollar: You can't spend just one.

Not even at the Dollar Tree or the 99¢ only store.

We have politicians touting the favorable metrics of the past. Unemployment is low and the annual CPI is dropping.

Sure, but far too many American's work multiple jobs, and still can't afford a house.

In a world of elections between politicians that don't debate, our leaders will not save us. We can only save ourselves.

#Bitcoin is the only escape hatch for the average worker.

So grow your gardens, shop the circular economy, and stack sats.


In fact, Bitcoin rocks sent me a copy of the bitcoin standard. I should put it in a little library with this sticker.

I saw the importance of these decentralized libraries durring the lockdowns brcause the public library was closed.


Me too


Perfect placement.

nostr:nevent1qqsfavg7z7fem89f5p4kzh37n3c7pu0n7cpca5lxqq2amspqlej7p3spz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzpggzvz325tcf9kz79s9c9627430ccc82r8rgujycwxd43n92y037qvzqqqqqqynxd0hy


#bitcoin is more fun when the fiat price is -80% and we're all talking about building.


New LNbits release (0.12.0 DNI)!
This is a BIG update for LNbits, as well as a tonne of general fixes and updates, we now have a very powerful login system, better tools for querying transactions, mobile UI improvements 🚀🚀🚀
https://github.com/lnbits/lnbits/releases/tag/0.12.0

Named after the great dnilabs, who started contributing to LNbits after building the breakthrough LNbits Boltz extension.
DNI is one of LNbits most prolific maintainers, as well as fixing bitcoin    scaling with Boltz 😍

👀 Remember to check your extensions for updates as well, between 0.11.3 and 0.12.0 many of the extensions have new releases 🔥


It looks great. 🤙


This is why I have a love/hate relationship with bull markets.


I thought the same thing, but I didn't want to sound like a dick because that's what Xwitter wants me to do.


I'm listening to bitcoin audible and just your brother talked about the same thing. It's surreal.


Ahhh. I swear I was able to use video on mobile before the update. I'm sure they'll bring it back. I mostly use it to transfer files between my devices. I really appreciate you telling me about that feature. It makes it so easy.


Someone on #nostr must know Tristan Harris and the Social Dillema crew.  Has anyone told them about this?

#asknostr
#grownostr

https://fountain.fm/episode/0V35t9YBkOMVM4WRVLYp


I like it, but I'm having trouble with video on mobile now and I'm not sure why.


It's much better than it was last year.


I would buy this shirt as long as it includes the words "make algorithms go away."


I think we should start working to find creators who are joining and support them. Help make lists of creators, send them zap's, repost their content, promote them to new users. Let's welcome and support creators. The way to get Nostr to have content beyond bitcoin is to support other stuff, embrace the diversity. And yes, show them we've got a financial model with lightning payments so they can directly get paid. The zaps are important, but we need to zap folks for posting all sorts of things.


True.


He thinks the halvining happens every couple years, not every 210,000 ten minute blocks. Why does this dolt get interviewed?


Most people who use the word "cryptocurrency" have no idea what they're talking about.


True. 😅


ETF = Easy To Fucking 6102

I don't think this risk is likely to happen any time soon, but 30 years from now it will be the only viable solution to the national debt problem.