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Christian bitcoiner | fiat mine dev | foreigner in Japan Nostrich, hatched April ‘23

Also, I just listened to some of your shakuhachi music. So awesome.

Have you considered putting some on wavlake.com or fountain.fm for sats?

Oh wow. Don't know anyone out there. That house seems really fitting for Nara. Beautiful.

よろしく

It's pretty cool that the number of possible 24-word seed phrases is on the same order as the estimate for the total number of atoms in the known universe. ~10^80

#bitcoin #astrophysics

Haha yeah I know. I’m sure it’s probably used by most iOS users. I was just trying to be difficult. Also thought it was about PC browsers (in which case Safari is still default MacOS browser ☺️)

I didn’t know anyone used safari! 😆

So ridiculous. We have few enough parks here as it is, now they ban ball? Ask for forgiveness not permission ;)

Oh wow. Is that new? Used to always be buskers there

It’s really hard to conjur interest in fiat work

I’m excited to try using #datum when I spin up my BitChimney space heater this winter, and build blocks from my own mem pool!

In spite of Japanese energy costs…

Thanks for all the work nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk nostr:npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr @wk057

I can’t help but see the parallels between those who reject bitcoin out of ignorance and those who reject #Jesus ; and how they suddenly feel FOMO in bull markets and how it will be when either He comes again or they die and stand before His Holy omnipotent presence.

I’d much rather my friends seek Jesus with all their heart and find Him, than read the bitcoin standard and find bitcoin. Only one of these has eternal impact

#christianity

Was so shocked when I started reading some of this news yesterday. Came on to nostr and nobody was talking about it. Haha.

Also, I think I recently saw a video somewhere of Hoskinson saying he'd be moving Cardano onto bitcoin...

Anyway tick tock, next block.

Best quesadillas I’ve made

Made chicken ones and ground beef/pork ones. So good

#cookstr #foodstr

Preach it!

nostr:note1acwnsseulszy807y8fsva2zc0mtgcvtq2nllxfec4dtkagk0lf2qcp2ju0

Replying to Avatar Chad Lupkes

Because one of the most important measurements of money is velocity, we want capital to be flowing, moving from place to place being used in transactions. If the USG just sets up a wallet or set of wallets and tries to fill them with as much Bitcoin as possible, it will decrease the supply available and that will likely boost the price, but that's the ONLY thing it will do. That helps people and institutions that already own Bitcoin by strengthening their balance sheets, but it also makes it harder and harder for people who have yet to join the network to buy in and participate.

A Strategic Reserve is FIAT thinking. We did that with Gold because we issued paper currency or bonds that was backed by the gold at a set price, and for a physical material that required storage and was expensive to transport and utilize that made sense. But that's not the reality with Bitcoin, it costs just as much to store 0.001 BTC as it does to store 1,000 BTC. And I do NOT want the government to issue paper currency "backed" by Bitcoin because I won't be able to trust it.

I want Bitcoin to be USED by the government, not just shoved into a wallet. I want it used internally to track capital, from the Taxes that are raised to the Expenses that are paid. I want every department and office of the Federal, State and Municipal governments to track balanced budgets and support real efforts to secure our infrastructure, provide a foundation for our legal systems, ensure that our financial rules are followed and hire contractors to repair and build new physical infrastructure for our utilities and transportation systems that are far more efficient than what we have now.

Wealth and income inequality is something that we should be aware of, and it will get worse if we make it harder for people who live paycheck to paycheck or even credit card payment to credit card payment to get onto the new Bitcoin train. The only way to make it really fair would be to let the value of Bitcoin get to $100,000 and then LOCK the USD to Sats exchange rate at 1000 sats per dollar. But that's not going to happen. Maybe when it reaches $1M in BTC price we can revisit, but I won't hold my breath. Just increasing the fiat exchange rate by holding large amounts in a Strategic Reserve will help the people who already have Bitcoin. I'm thinking about everyone else.

For sure. So it sounds like as a store of value it’s good for the country as an entity (in fiat thinking).

I was specifically asking about that. I totally agree with you on wanting bitcoin to be used as MoE.

Although I think at that point it will be because very few people will be holding on to fiat in the future when they experience dollar devaluation. Even the gov will eventually have to move. Maybe I’m optimistic.

Right now, us using it as a MoE helps create an environment for the infrastructure (Lightning, spark, arc, ecash etc) to evolve in time for mass adoption.

Totally on the same page with you about what I want to see for everyone!

Just wanted to clarify that one specific point - that they could just hold as SoV and benefit from price appreciation (possibly at the expensive of others).

I’m which client do you see hex pubkey?