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average_bitcoiner 6mo ago

GM

How do we liberate RF spectrum for freedom tech?

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War Monitor 6mo ago

GM 🫡 PV 🫂💜

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Rush 6mo ago

You build on the spectrum without adhering to law 😂

More realistically, encryption.

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average_bitcoiner 6mo ago

True. But all the chips are locked down.

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theGig 6mo ago

SDR gives you freedom but not scalable. You test with that and build out concepts then build your own chips. But if you are on restricted/licensed spectrum you will have to deal with fed

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Maria2000 6mo ago

gm☕😊

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u32Luke 6mo ago

I think there's some interesting parallels between FCC spectrum auctions and mining/lightning.

https://m.youtube.com/watch?v=Rcum31Dy4ZQ&pp=ygUdUGF1bCBtaWxncm9tIHNwZWN0cnVtIGF1Y3Rpb24%3D

https://www.fcc.gov/about-auctions

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u32Luke 6mo ago

Lightning Labs is experimenting with liquidity auctions in their Pool product

https://docs.lightning.engineering/lightning-network-tools/pool/batch_execution

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u32Luke 6mo ago

Auctions can help prevent market manipulation from powerful entities.

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average_bitcoiner 6mo ago

And now I know there's maths for modeling auctions. 🤔

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u32Luke 6mo ago

Yeah! This is an interesting field. Very relevant for freedom tech

https://www.cambridge.org/core/books/algorithmic-game-theory/0092C07CA8B724E1B1BE2238DDD66B38

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u32Luke 6mo ago

I think Bob has some great insights on p2p marketplaces

https://xcancel.com/BobMcElrath/status/1238471088822259714#m

https://xcancel.com/BobMcElrath/search?f=tweets&q=Order+book&since=&until=&near=

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average_bitcoiner 6mo ago

I follow bobs braidpool work. 🤔

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u32Luke 6mo ago

Ehash subpool on braidpool, with geographic rf auctions running over this bot framework on #reticulum

https://lxmfy.quad4.io/

https://github.com/braidpool/braidpool/blob/main/docs/derivatives.md

There's some angle with pricing mint credit risk that I've been trying to grok

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u32Luke 6mo ago

https://www.investopedia.com/terms/c/creditdefaultswap.asp

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u32Luke 6mo ago

I'm just spitballing here, don't take this to the bank 😅

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u32Luke 6mo ago

I've been thinking that it would be healthy if bitcoin got away from predominantly pricing in USD to something more bitcoin native like hashrate or feerate derivative. That way there's not a violent currency competition between USD and BTC. I think that would be a more peaceful future.

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u32Luke 6mo ago

I think this risk is very relevent:

https://xcancel.com/BobMcElrath/status/1925510399329292572#m

@Bob McElrath

Don't put @Tether_to on lightning. It will create an incentive conflict that will destroy both Bitcoin and Tether, giving miners incentives to short BTC/USDT while delaying or censoring, or orphaning channel open/close.

May 22, 2025 · 11:13 AM UTC

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u32Luke 6mo ago

Bitcoin vs. USD civil war is a very ugly future

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average_bitcoiner 6mo ago

Reprice energy in sats

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u32Luke 6mo ago

Petrosat

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u32Luke 6mo ago

Repricing various commodities in sats is very interesting. Gold to oil ratio is very popular

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u32Luke 6mo ago

Pushing for more stable coins is exacerbating this reality. They overload the front end of the UST yield curve and do not help long term issuance.

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u32Luke 6mo ago

If enough people don't feel empowered enough by bitcoin, none of this works. People will understandably resort back to statism.

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u32Luke 6mo ago

nostr:nprofile1qqsrjxqeute0zwusetrjp9qeadt5aa7q686wsxr8lsjvg73uuh52yjqpz4mhxue69uhkummnw3ezummcw3ezuer9wchs46nydx

I'm interested if there's some crossover here with your Rails product

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Jestopher 6mo ago

Happy to chat and dive in!

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average_bitcoiner 6mo ago

eHash!

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u32Luke 6mo ago

Exactamundo!

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u32Luke 6mo ago

Price discovery for exit. You are the monopolist of your actions, and no one else.