Avatar
Big Barry Bitcoin
0d97beae567fcec9c6574f1c6ef6126ea969d4992c3198e51c0fac52c5274a14
Big Barry Bitcoin - Bitcoiner, pleb, developer, enthusiast, 👎💩coins Check out my nostr blog! https://big-barry-bitcoin.npub.pro/

I did a trade with someone who wanted to empty their paypal account. They offered 1% premium in my favour.

Turns out PayPal will take 1% from my incoming payment. So the 1% premium covered that... But also PayPal also took a 1% fee from the sender which I don't see in my records.

So they're double dipping when someone sends money between PayPal accounts. Maybe it was because it was US to UK but 🤷‍♂️.

The bitcoin transfer was much smoother of course.

Some shitcoin company using Trump's name did that. But let's see how everything else plays out.

Where does math come from?

Replying to Avatar B13

No

How about now? Is he done with the signings?

Oh cool, I didn't know about nostrfr, it's cool. I don't speak French, but I just saw a whole side of nostr I don't usually see.

That's who is running the $trump scam, too stupid to figure out how to buy real bitcoin, versed in shitcoins enough to run a pump n dump scam.

Oh and talking about real world harms, the war on drugs has reportedly cause way more harm and his website showed that in a competitive market, poor quality drugs are hard to come by while less harmful cuts of the same drugs flood the market and responsible use is encouraged.

When will someone take the fall for all the harms that the government has done with all of their ideas and experiments? Why do they always have the last say on these things? How much is then "doing their best" vs being absolutely malicious and why can't an entrepreneur have an idea and "do his best" if he has good intentions?

Replying to Avatar Tony Carrera

Honest question: Why do so many people want Ross Ulbricht pardoned today?

Is it because his sentence was extremely harsh?

According to GPTs, a fair sentence for crimes similar to Ulbricht's might be:

- Drug Trafficking: 15-30 years

- Hacking: 5-10 years

- Money Laundering: 10-20 years

Aggregated, possibly 20-40 years concurrently, considering first-offense, no proven violence, and potential for rehabilitation.

He’s served 11 years and 3 months.

Best explanation I’ve seen is by Rep. Thomas Massie nostr:npub1jadxeczshxk2x0yuuz9gpd6jpmy5j8vkh3mluxk2jqa32fclf6mq70u6f3 and his short video posted on X/Twitter. He argues that he set up a website which enabled others to sell drugs and those drug dealers are already free while Ross remains in prison.

To play devil’s advocate, you could argue that the website enabled thousands of illegal transactions - including, as some allege, listings for murder-for-hire. If true, the punishment might fit, given the site's total reach.

I’m genuinely curious because I don’t know enough about Ross or his case. I’ve seen many calling for his release (#FreeRoss) and would love to understand their perspective.

Personally, I think Ross has served enough time. Double life plus 40 years is excessive for a young person who launched a website and got in over their head. At the same time, I see the potential real-world harm the site may have caused, especially if murder-for-hire claims are true.

If it were me, I’d hope for the benefit of the doubt and a chance to prove I’ve learned from my mistakes.

I know a lot of folks here on Nostr are vocal about this like nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx - would be interesting to get their take.

#gm #plebchain #asknostr #ross #rossulbricht #dayone

First of all, his sentence was 2 life sentences, not 11 years, not 30 years.

Second, he didn't break any rules or laws, he only dared to create a marketplace where people could trade in private. He was targeted, the nature of his investigation should have gotten the case thrown out, and this is a clear case of government creating a narrative and threatening the public to fall into line and not think outside the box while simultaneously ruining someone's life in order to do that.

He showed the world that Bitcoin could be used as money and that people can trade and operate with some basic privacy and dignity.

Remember that something being illegal like drugs does not make it immoral. The war on drugs was very much in play at the time.

This scared those in power, as it should but it did two things: it put a target on his back, but it also inspired others to understand bitcoin so he is not just a user of bitcoin, he is a pioneer. He pushed the needle towards achievable freedom forward. His release will be celebrated because of that.

Bitcoiners celebrating this are just realists. Anyone can say anything and reaching for the stars is always good. But we know that the US won't get majority hash rate controlled by the government and if so, not for long.

The US pushing harder will lead to other countries pushing harder too. If you think everyone else will sit back and take it... 🙄

To frame it as if there are dumb bitcoiners who don't realise they are wishing for the demise of bitcoin is both misleading and painting bitcoin in the "it is gonna fail" light.

I couldn't bring myself to read the whole thing but this is as good as a hit piece. 😡

Replying to Avatar Gigi

GM

I name this: "stable currency" 🎨

I think you got it, but it's a bit simpler than "Nostr code".

Just like the internet works with HTTP, you send out data in the format defined by the HTTP protocol and your router and lots of other computers around the world all know how to read, transmit and/or present the data.

Well nostr notes are a bit like that, it's data in a structured templated format. As long as the data is in a nostr form, it is basically free data and has the following properties:

1. You said it, but yeah it's signed using a personal secret key.

2. It is just data and can live anywhere.. You can back it up on your laptop. Because it is self contained data and signed, you don't need to have the data served by Elon's servers to know who sent it.

You publish it on many "relays" which is like a http web server but instead of it hosting YOUR webpages, it can be given notes and it can relay or serve those notes on your behalf. Again, it doesn't matter who serves the content.

So if one relay disappears, the others have it. Also if you back it up yourself, if the data goes missing, just republish it.

Yes a relay can still delete your content. But now it's on many servers and you don't put your trust in any of them to protect your reputation because your signature does that. So what's the realistic chance that all relays that you posted to decide to delete your posts when they aren't all in a single country or jurisdiction?

The big "problem" is discovery. Now that content you are interested in can be practically anywhere, how do you find it? Fortunately wherever it is, your favourite client can read from it if you tell it about the relay. Think: Darknet Tor web addresses for those who know.

Best still, take one relay down, guess what happens... Hydra.

So the big if IMO is whether people will stick to just a few big relays that are "safe" and regulated or if it just becomes normal for content to be all over the place and the clients just find it.