Avatar
samuel
008cca1f26139409b218d7991565605970376a118e0c63c5fd4bce48c57aa67b
Greetings Earthling. Former Nuclear Engineer Former software developer Homesteader/pilot

#BTC TO THE MOON

Today is moon day.

On this day 54 years ago:

On July 20, 1969, American astronauts Neil Armstrong and Edwin "Buzz" Aldrin became the first humans ever to land on the moon.

One giant leap.

On July 20, 1969, American astronauts Neil Armstrong and Edwin "Buzz" Aldrin became the first humans ever to land on the moon

1000s of photos have been released to the public domain, and are on Flickr here are a few less common ones I liked

https://www.flickr.com/photos/projectapolloarchive/albums/72157659061101420

We need to get more people running nodes and comfortable with that.

You need to run a full node to open a lightning channel.

This can be done on modest older hardware, but it need 24 /7 up time.

My network is too intermittent and few cloud provides allow/ will let you plus the cost for storage is now a killer.

Looking to go raspberry pi and run it on a rented network.

Some percentage of Americans are upset they were coerced into taking the vaccine I don’t no what it is but it is more than you would think.

As a pilot I can tell you there are 2 camps and one camp is not happy about how this affected the results of their ekg which they get every 6 months as required by the FAA. There are pilots that were affected (most won’t talk publicly). Just saying.

If everyone in society got an ekg semi annually we would have more broad data and better ideas of the true affect. The effect is not Zero.

“The victim of mind-manipulation does not know that he is a victim. To him the walls of his prison are invisible, and he believes himself to be free. That he is not free is apparent only to other people. His servitude is strictly objective.”

- Aldous Huxley

Open your eyes wider. You now have to question every single thing media and gov say.

We are being manipulated and here is what I can’t understand; why?

What do these 🤡’s gain by manipulating us?

Another option is WOS for receiving and Breez or Phoenix for sending, that is what I currently do.

Never send from Wos so you can take your balance down to zero

BUT now you know why I am embracing WOS and getalby for noobs, and trying to teach them the concept of hot, warm, cold wallets.

I suspect that custodial wallets will dominate for lightning micro payments for some time. They have enormous advantages

We need to focus on teaching people to self custody as soon as they get significant money in there.

Over a couple hundred dollars and they need to push to a self custody solution.

Getalby will allow you to “self custody” BUT you have to run your own node, maintain a full Bitcoin node, maintain a channel with a size that can accommodate your largest payment, etc..

If you could do all that you would not need getalby’s services.

Some client will add spelling and grammar check, or some data service, and then will have a delay publish, with a preview publish.

Or we can modify the protocol to add a correction type message that just corrects or replaces another message.

Problem:

Economists don’t understand negative interest rates.

So let’s say #BTC has an interest rate of say -4.0%.

What that means is that if I borrow 100 #BTC from you today, then I will have to pay you back only 96 #BTC next year.

But from my perspective that wouldn’t make sense, I would just hold it for another year and pay you back 92.16 #BTC. Driving that to its logical conclusion I hold for 50 years and only owe you 1BTC

Understanding negative interest is mind boggling for most economists.

Now this is why capital gains tax is unjust. Your capital asset (house, farm, etc) never became worth more, the dollar just weakened. But needless to say the GOV even wants a portion of your weaker dollar.

I don’t view it as useless or worthless I view it as finally getting to go independent. I have millions of projects I want to do none I have time for.

One more question. I noticed you are using fountain.fm, is there any reason you are not using phoenix, muun, (my favorite Breez), Zeus, or some other self custody wallet? I am ASSUMING fountain.fm is custodial.

1. The LNURL-pay protocol is complex for most. Requires the dynamic on the fly creation of a payment address.

2. WOS keeps open 100,000,000,000 mSat channels, so does fountain.fm

3. #Nostr is going to introduce millions of people to Bitcoin (really SATS and #zaps) teaching them the principles of, Hot (billfold), Warm (checking account), Cold (hardware, multi-sig, air-gap) is far more important.

4. Fees

#chicago #312 #bitcoinstr #photostr #photography #chicagoplebs

GM #nostr view from 211 west wacker

Not quite. The only things in Salina are nuclear missile silos and cattle. We try to discourage the cattle from eating the uranium.

Some call it a barren wasteland.

Dollar lost 4.3% of its value each year since then.

Multiply each number by 10 and you have todays price( minus Harvard but who wants to pay 70,000/year to get brain washed)

(1-Annual Inflation)^52years=0.1

Log (1-Annual Inflation)^52years = log 0.1

Set (AI=1-Annual Inflation)

52*Log(AI)=-1

Log(AI) =-0.0192

AI=10^-.0192=0.957

1-AI=annual inflation = about 4.3%

YOUR DOLLAR LOOSES 4.3% per year every year

Understand that!

Ok thanks I knew there was something, let’s go there. This is very much a non quantitative document. These are very common when scientists or others want to speak down at you, have a theory but no numbers.

There is one number in the article it states that thermal expansion accounts for about 1/2. Using my above caculation, that might be about 2-4 inches of sea level rise.

BUT

AVERAGE SEA TEMPERATURE:

The usually quoted value is 3.52 degrees Celsius. This is the volume-weighted average, calculated some decades ago from many thousands of measurements throughout much of the ocean. It is in fact the potential temperature.

Water has a negative coefficient of thermal expansion below 4°C, indicating that its volume decreases when temperature moves from 0°C to 4°C. The coefficient of thermal expansion of water is not constant and is not even linear.

SO IT ACTUALLY SHRINKS, contracts for the first .5C rise, before it even starts to expand.