The CEO of Nostr nostr:nprofile1qqsvrlrhw86l5sv06wkyjgs6rrcekskvk7nx8k50qn9m7mqgeqxjpvgpzdmhxue69uhhqatjwpkx2urpvuhx2ue0tc48yt calls it "no-star" or more specifically "nost R"

There will never be 21 million or more bitcoin.

Yeah, well here's the thing. If you want to support Ukraine, you should be allowed ro.

If you want to force a policy to make me and everyone in my country support Ukraine at cost? At the very least, I should be seeing how much of my tax money and new money is going towards it, and at most, fuck you. 🫡

Most can.

Phoenix Wallet can.

Wallet of Satoshi can.

Blue wallet can.

nostr:nprofile1qqs2sqvyjfcqh2sls4lgsrc3nchwpr2yq3hwta5gstk36qrmev4zpjcpzdmhxue69uhhqatjwpkx2urpvuhx2ue0ttu0xq can not?

Straight up Gotham vibes.

nostr:nevent1qqsvuh26ee3xzgppgrke5ht0zdpwm7t4zdhr47ffsuxzkde50shdtpgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzd0ppq29uzurflavp569g2ms4khtjwuw6f0pne80l6g69k7kukkvpsgqqqqqqsweujng

P. P. S. You had me excited that there was already a release by having a "get it on obtainium" badge.

Now I am sad.

P.S. I like that Samiz would be proactive in publishing notes it hasn't yet. How does it keep track of this?

Okay collecting notes:

1. I thought samiz was one of the people at first. Not realizing it was the name of the app. 🤦‍♂️

2. So just having the app allows anyone else with the app to synchronise? Hmm. Can this be abused?

Side note. How can this work but covid apps had to use a Google and Apple sponsored technology to use BLE?

3. Oh the posts go to the relay of the person who eventually connects to the internet? How does this mess with the outbox model?

Fuck you and GM.

Okay, thanks for giving me that thought. 👍

If there's one thing nostr:nprofile1qqsw3znfr6vdnxrujezjrhlkqqjlvpcqx79ys7gcph9mkjjsy7zsgygpr9mhxue69uhhqatjv9mxjerp9ehx7um5wghxcctwvsq3samnwvaz7tmjv4kxz7fwdehhxarjd93kztnrdaksz9thwden5te0wfjkccte9ekk7um5wgh8qatz7tvu4p is good at, it's getting domains.

Second best is his hardware wallets.

nostr:nevent1qqs8qg63glyvqdxm83yph2jsjxsecmwjtd7jnjwxs8ptjmpm7pqh6ycpzemhxue69uhhyetvv9ujumt0wd68ytnsw43z7q3qaz9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgsxpqqqqqqzph70wc

Wtf?

https://image.nostr.build/e43e0cf7adb00003c5ab0054b90ea7e67f54e9a925b6593e16d6bdf4c8229476.webp

Just bitcoin going sideways.

Why don't we have it here on Nostr?

What would it take? A DVM? Or something else?

Yup, bitcoin is always in one of two states:

- not spent

- spent

While a transaction is pending, it is still "not spent".

Wallets handle this in a few ways:

- some might keep track of it and rebroadcast an unconfirmed transaction from time to time.

- they often don't let you spend from a utxo that is in a pending payment... Although technically you can always create follow-up transactions or replacement transactions, it would be very hard to provide these features to users without confusing them. Easier to just tell them to wait.

- some just don't care. If the transaction disappears from the node you are asking about pending transactions to, your wallet might pretend that the transaction never existed. 👻

Fuck all the news channels that play "gotcha games"... You can't present impartial news if you're trying to get people, but I guess it makes people feel good when they can laugh with the news anchors about how right they were, regardless of the facts.

Actually I've seen full blocks and 2 sats per vbyte.

So it isn't JUST many transactions in the backlog, but also many URGENT transactions.

What do I mean by that? Transactions that send money from yourself to yourself, and maybe even lightning channel opens are not so urgent, so you keep the fee low. You don't care to compete because you expect that it will eventually get mined and you have no time limits.

So it will be transactions at stores, transactions made as a demonstration that need to settle quickly and exchange withdrawals and deposits. Those are the transactions that are competing... Now who are they competing with?

In the past there have been a series of exchange transactions where a particular exchange is consolidating utxos and migrating to new addresses (eg. Legacy to segwit). They not only filled a bunch of blocks at a time, but they set ridiculously high fees. It honestly feels like a waste of money and disruptive to others.

Like deciding to piss across all urinals in a public bathroom so no one else can piss until you are done.

Also there were degens trying to put NFTs on the blockchain. They too didn't care about high fees because they thought these NFTs would make them rich for being first.

In the future, there will be people who wish to piss away their money. That is who we are really competing with for high fees.

I suppose one last one will be new users trying to get their first bitcoin. They certainly won't have low time preference, they won't yet understand the certainties that bitcoin provides, and in some cases they just need to get bitcoin into their control before they can move on.

Once you are a bitcoiner, you start to understand low time preference. You look to have your transaction confirm in hours, days or weeks to save sats. That will still raise the fees naturally over time, but so far it hasn't been the factor that pumped fees.

Lol WFT?! This is KANGAROO COURT your honour!

Lol. I had that exact same idea. 😅

I think it will sort itself out, the gap of meaning between Bitcoin and crypto projects is widening and I think the idea that a shitcoin can make up for you "being late" has disproven itself for long enough that people new to shitcoins are going in with both eyes open knowing that crypto is gambling and Bitcoin is not.

I think we still have a little ways to go, but we're nearly there.

Somehow world peace scares me the most. One set of global rules under one "leadership"? Who will be the world leader?