One of you likes the doors, and the other does not know who Jim Morison is.

I think we need that info encoded in the badge.

What governments don’t understand is that bitcoin can never replace the world of fiat currency.

The reason is because you can’t borrow bitcoin denominated in bitcoin.

If people like Jerome Powell and Janey Yellen truest understood that, they would ignore bitcoin as a threat to the USD.

Gedankenexperiment:

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.

That is a good question for today’s bitcoiners. I got in, in 2012 thinking in terms of pascal’s conjecture WRT religion. If something doesn’t cost any thing ( or very little) and has potential for huge returns the you should participate. E.G. it cost nothing to believe in god and live a morally straight life, and the reward is a chance at life for eternity.

In 2012 bitcoin was about $35 when o bought on eBay and had huge potential, I speculated it would match the global mattress money supply (about 0.5 T usd at the time), low cost and huge return potential, similar to pascal’s conjecture.

Unfortunately, my $350 investment was stored on MtGox. The first lesson on “not your keys not your coins.” I never invested more because I was sure the gov would outlaw it.

Today things are diff. And with the #zap ability of the lightning network, and things like #nostr I view it as an expression of freedom.

No different than everyone should, exercise each of these freedoms:

0. Own bitcoin at three levels

A. lighting,

B. warm self custody,

C. deep cold storage.

1. Have 6-12 months food on hand (common where I grew up)

2. Own or access to a rural cabin

3. Garden (hard for me I live in a forest)

4. Own at least a few once’s of gold and silver

5. Own a gun and know how to hunt. ( rifle and shotgun )

6. Fishing rod with plenty of tackle. (Fly and cast-real) and know how to fish

7. Know how to fly a plane. ( I suspect that will be outlawed in the future, but currently a freedom we can enjoy in the US)

I

#chicagoplebs

#photography #photostr #bitcoinstr #auto #classic #car #supercar #photo

Another British classic car in the city center! This is an MG-A.

AKA heart attack stack.

That was worth a #zap

Try primal mobile web client or snort social web client for a baseline.

I use wine with primal and damus on iOS seems fine. In fact things have been better lately for me. Have also used snot.social with wine, that one is not very good.

Sad.

I’m Not on the fediverse, tried mastodon but never really liked it.

Have a strange feeling that #nostr will eventually overtake all.

WRT commies etc. we have a global issue that people are not taught personal responsibility and rugged individualism from birth. I see this same issue w/ Wall Street type office workers. They have no clue which side their bread is buttered on, and think the world is out to get them. Millennial are a mess, not sure about gen z.

Any idea what this was? Assuming feed lot silos? A bit of background would be interesting.

I am starting work on a simple Java based relay. Will not release it for some time. But will post if things look positive.

Found this:

So I think this is the ON CHAIN fees.

Not sure why it is w/ this a lighting bolt…

Avg. 24h TX Fee: ⚡7,283 | $2.17

Median 24h TX Fee: ⚡2,854 | $0.85

But when the average is larger than the median, that means your data is either bi-modal OR heavily left skews with a long right tail.

So something like a maxwell-Boltzmann distribution, or Landau distribution.

Just signed up for GitHub copilot.

Added it to intellij ultimate using Java.

Not real comfortable with it yet, but it might help with productivity. Using it at home for personal use only now.

#github #AI #Githubcopilot

https://GitHub.com/features/copilot

I am thinking Micro$oft will squeeze as much money out of this as they can.

But if it increase my productivity by even 20% it is worth it. Subscription is in fair at 100/ year.

Seems high.

So cool thanks for sharing.

Great just confirmed it does work! Thanks #phoenix

You can see the landing sites with an amateur telescope.

We did it go once, but 6 times.

https://www.flickr.com/photos/47833278@N02/17229073722/

You can stay closer to home and talk about what happened to the Canadian truckers who were protesting forced vaccination.

#BTC is the only true fungible bearer instrument in the world. And the lightning network makes it practical for everyday /everybody use.

What is the agenda?

There are literally 15,000 plus hi res images of the event associated with the Apollo missions

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

I wonder if the topic of #nostr is going to come up.