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Bourbonic Plague
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Bitcoin and Bourbon

I can’t shake the feeling that if The Declaration of Independence was written today, it would be inscribed on the timechain with a content type of ā€œtext/plainā€ and the signers would sign it with Bitcoin private keys.

John Hancock would use a private key that controls a well known UTXO.

This feeling is the source of much of the ambivalence I have about inscriptions.

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It was trading relative to DXY for the last year or so like everything else until recently. But it does seem to be doing its own thing more often recently.

One of the most valuable things my business partner does for me is spot where I’m making assumptions and ask the right questions to get me to see things from a different perspective.

We complement each other well that way. I say no to things he instinctively wants to say yes to and we work together to find the best way to say yes to solutions that solve the root of the problems we are dealing with.

Built a business 15 years ago that has incentives perfectly aligned with our customers’ incentives.

We effectively get paid a percentage of what they make for the work they use our software to do, but we only get paid if they use our software. If they stop using our software, we instantly stop getting paid. If we can help them increase the amount of business they can do, we instantly get paid more.

Fanatic customer support has always been a key ingredient in our model. It’s a very seasonal niche and we are available 24/7 when they are in their busy time. We all make 80% of our money in about 6 weeks.

So it *is* possible to create such a business in a fiat world, it just isn’t the default.

Killing fiat will help align incentives more by default and that will help improve the world. But bitcoiners who understand the value of aligned incentives should always be looking for ways to build such businesses today even while we work to bring about a better fiat-free world.

This is the most I’ve used lightning by a long shot.

deadmau5 is my goto heads down coding soundtrack.

Watching the way he produces his music helped me understand why it helps me slip into a flow state so quickly while coding. He basically programs audio.

Another thing Nostr makes obvious:

The idiocy of a character limit based on the limitations of 2006 SMS.

I’d love to have the option to have long notes collapsed and hidden behind a ā€œRead Moreā€ button or something, but Twitter threads are an insane work around to an invented/obsolete problem.

Any man trusting a male contraceptive in 2023 and beyond doesn’t deserve to propagate their genes into future generations.

https://www.scimex.org/newsfeed/male-contraceptive-shows-promise-in-mice

Zapping this note 2K sats did work though, so the failure sending 100K might be a liquidity issue.

It didn’t fail instantly this time, but after being pending for ā‰ˆ1 minute it did end up failing to send 100K.

BlueWallet doesn’t let me edit zap amounts at all. Same for Wallet of Satoshi.

I can send as much as I want if I click the āš”ļøon a profile, but I want to be able to do that for a specific note so the person receiving it can see which of their content prompted me to donate.

Might just be a limitation of Damus though and that’s fine if so. Early days and I look forward to this all developing. Just thankful to be able to watch it developing in real-time.

I love being able to zap notes.

But I wish I could zap more than 2K sats. Maybe I’m doing something wrong, but Phoenix is the only app that lets me edit the number of sats I send for a zap but it limits me to 2K sats max. I want to be able to send 100K if I really like a note 🤣

Sending to a profile gives me more flexibility, obviously, but sometimes signaling exactly which content inspired me to give the sats is an important part of the signal I’m trying to send.

Regardless, zapping notes is one of the coolest things to come to my internet experience in decades.

The heavy handed manipulation by the algorithms has made all those platforms useless even without the insane censorship. The Nostr protocol is highlighting just how fucked the corporate internet has become.

Ran on a 10 core Mac with an M1 for 5 days. Found 15 6 character npubs and none with >= 7 characters. Found the first 6 character one in 1.3 hours.

Have been running for another 6 days on a 12 core Intel Linux workstation and have not found any >= 7 character npubs yet.

The jump in difficulty from 6 to 7 characters is impressive.

That’s a bad idea since they would have your private key.

It’s cool to watch you go from being afraid to flying to looking forward to it. Congrats!

Not all relays will have to scale. Small private communities won’t. But there will probably be some number of very popular relays that most users will want to use and those will have to scale.

The great thing about Nostr is that different relay providers will be able to offer different mixes of features and trade offs and they can compete to keep their users happy.

I see all 3 images on Damus. Just had to swipe left to see them.