Wanna try safebox? Sending ecash between nodes. It’s still early, I need some patient testers.
FINO (Flight In Name Only) nostr:note1f4nv3ed6mf2z0tlnkm0yez4ay3uuxmf0ryj0glv2wqcs47k49szsnxzeem
The guts can be complicated. But it’s the overall simplicity that counts
Another test post for a zap. Pls ignore
All payment protocols can eventually be reduced to:
send
New name and new url. zapstore.dev nostr:note1ml2jacykmrqpxtr4sum0thppzkutqtxgejqz8xgv7camneqmxg9swlem2z
From Tuur Demeester on Twitter.
It shows how easy it is for the ECB to fudge money and reports
_________________________
ECB bombshell: On Nov 4—the night of US election—the authors of the highly aggressive anti-#bitcoin paper softened the language in their concluding paragraph:
In the original it said: "Current non-holders should realize that they have compelling reasons to oppose Bitcoin and to advocate for legislation against it, aiming to prevent bitcoin prices from rising or to see Bitcoin disappear alltogether."
That sentence now reads: "Current non-holders should realise that they have reasons to worry about Bitcoin and legislation favoring it."
Also the last sentence was altered, leaving out the words "implying wealth redistribution".
A remarkable change on such a pivotal moment in history. Were the authors instructed to make these edits by ECB top brass, once it became clear that Trump's pro-bitcoin team was winning the election?
Credit goes to @snipMister81 for noticing.
What’s amazing, that up until the late Middle Ages nobody cared who the artist was. Then the ‘Cult of the Original’ (not my words) began to emerge, and voila, the artist could issue scarce works because people wanted something created by someone and the attributed works became scarce.
Most works of art today, are not valued due to their artistic merit, but due to the provenance to a scarcely available artist.
From this model, the best advice from an art auctioneer to an artist is: ‘Die early and you’ll be rich.’ nostr:note1nea28duqh8c7frtjhark464ahgnmxrng3ga6x472tc32ftjef3jq9sz7n6
When I go and they ask me for my name, I will say, "assign me a number."
Just sharing that I am honest to a fault. I don't like giving out fake information pretending that it's real. Likely, I'm violating a term of service that be used against me. It's not being paranoid, it's just that I've internalized these issues that I feel like I am compromising myself when I am not acting according to a good faith bargain.
I know. I prefer when they list an order number rather than shouting my name.
I don’t go to Starbucks because I refuse to do KYC. I am honest to a fault and won’t give a fake name. If I do, I feel like I am criminalizing myself, which is exactly the intent of the system. nostr:note16pey8e2lm3x2z9m9d53y2yuzhvhschnp30gv8jdm7s25uws5w9dqmhz92y
Naahh, I will use a #npub instead
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To get a SWIFT address (or SWIFT code) for a bank, you can:
1. Check Your Bank's Website: Most banks list their SWIFT codes on their websites, typically in sections related to international banking or wire transfers.
2. Call Your Bank: If you cannot find it online, you can call your bank's customer service to ask for the SWIFT code.
3. Look on Bank Statements: Some banks include their SWIFT code on bank statements, especially if they provide international services.
4. Use Online SWIFT Directories: Websites like SWIFT.com or other financial directories offer searchable databases of SWIFT codes for banks worldwide.
5. Visit Your Bank in Person: If you're near a branch, visiting in person and asking a representative is a reliable option.
Each branch might have a unique SWIFT code, so if you're sending money internationally, confirm the exact SWIFT code for the branch handling your account to avoid delays or errors in processing.
I think the biggest sin to be had is being a trained economist and thinking you're a scientist or engineer.
lol, this is so true… nostr:note1jhspn3lzjnc07gwpuhexyuts9q0pldyyqyvu9zjg5yyc052d85asc2m5ns
?cid=6c09b952zmjckzdvvxzge0syne67z5xei9mmecre1hjf5vnh&ep=v1_internal_gif_by_id&rid=giphy.gif&ct=gThere you have it. 1M sats in zaps.
That's over $1000CAD.
This is proof we can turn zaps into a serious payment system.
GitHub repo here. Not everything promoted to main yet
If you define yourself in your enemy’s terms, you’ve already lost.
Walter Bagehot, a 19th-century British journalist and economist, had reservations about central banks' potential to encourage risky behavior in financial markets, particularly through their role as a "lender of last resort." He was concerned that by stepping in to prevent financial institutions from failing, central banks could inadvertently promote moral hazard. This is because banks might take on excessive risks, assuming they'll be bailed out in times of crisis.
In his classic work, Lombard Street: A Description of the Money Market (1873), Bagehot proposed that central banks should lend freely in a crisis but only to solvent institutions, at a high interest rate, and against good collateral. This was intended to deter banks from relying on central bank support as a routine part of their operations.
Deposit funds in #nostr #safebox
Send funds via DM to another #nostr #safebox instance
Pay out funds to zap, invoice or lightning address.
The result, #untraceable.
Lightning works great. The problem is that while it increases velocity of payments, you still need an onchain anchor. The current custodial solutions either bolt on an accounting system or try to make channel management 'easier'. Cashu gives another degree of freedom to build scalable solutions.
ecash makes the global evillage possible.
Now it's possible to pay someone as if they are in the same village, even though they are on the other side of world.
I think the US is now realizing that they don't actually have a central bank. They outsourced that to a private institution over a century ago.
The current oversight by government is largely cooperative and ceremonial. It worked in everyone's interest for over a century and it will be interesting when it turns to an adversarial oversight model.
model.
Get out the popcorn!
FWIW, I had great fun last routing ecash through different relays throughout the world using https://nostr.watch.
Much to my family’s annoyance, I was calling out each routing success: ‘Buenos Aires!, Beijing, Berlin!, Somewhere in the Caribbean….’ nostr:note1yxa9zpvkqtxacefqe6w0kykkm52gdnr033l37p0wj477npu30vvsg95vyx
Running #nostr #safebox ecash transactions between different nodes using NIP-17 as the transport and using random relays around the world.
Transactions are cleared and funds transferred between wallets without even touching the Lightning Network.
It all works.
Wild, just wild.
Watch out. Those with exorbitant privilege are now taking issue with those who were ‘unfairly early’.