This group trained an AI model in a geographically distributed way. Bodes well for a decentralized AI future.

https://www.primeintellect.ai/blog/intellect-1-release

I’m not in the “ossification by choice” camp.

Not convinced of any changes aside from the great #consensus cleanup either.

#Bitcoin does everything I need it to now but I can imagine how it can be better; just not confident I can evaluate the risk properly. Most people are in the same boat.

One path forward might be to train adversarial agents to attack a testnet with various changes made to it to see possibilities. If we can get #AI researchers to train such a model and open source their model training code, simulator, etc we might be able to increase confidence over time.

Some of the same people who say government intervention is always bad are also praising a national strategic reserve.

Not that I’m aware of. I think one downside is that if you’re in a saturated cell and there’s a lot of congestion you might have less bandwidth but it’s never been an issue in my experience. For some areas it might be though.

I’ve used starlink quite a bit in my somewhat big city through work. Also have a friend who has it at home in a rural area on the other side of the country. It’s been reliable and fine for most uses. I can try to answer any questions.

If you want to support privacy and freedom to use Bitcoin then consider donating to the P2P rights fund. They accept bitcoin.

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TL;DR - CBDCs NGMI

Digital #fiat currencies are scary for more than just surveillance and expiration policies.

Even if you’re a big fan of them you have to understand they run on a network secured by what? Every government agency in the world has had their networks compromised many times. If the 3 letter agencies can’t secure their own networks good luck securing your #CBDC.

Imagine an advanced persistent threat actor who holds a lot of bitcoin wants to take down your digital fiat. They slowly compromise all of the ledgers and backups because after all those are centralized and then leak fiat to themselves to buy more bitcoin and eventually destroy all the ledgers. The longer they can trickle out the fiat the more bitcoin they stack and the more worthless that currency becomes.

What kind of retaliation could the fiat issuer do? It’s an asymmetric situation.

I think about this sometimes. Suppose in the extreme case we end up with “western bitcoin” and “eastern bitcoin” where each fork censors some set of transactions.

Today there are so many people with bitcoin around the world so each fork would have funds belonging to both sides of the globe. The incentives to spend on either chain go up over time and hashrate would be incentivized to oscillate between the two which is unstable.

The rift shouldn’t last long unless we end up with a single global government capable of enforcing rules on hashrate. How long could it last though if it did happen? Time will tell.

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First: it’s important to understand that when you’re using ecash from someone else’s mint you’re trusting them as a custodian of your bitcoin. They can rug you.

Having said that, if you trust the mint, then ecash gives you better privacy since you’re trading lightning sats for a bearer token that can be sent out of band (e.g. SMS, email, on a piece of paper, etc).

There are nuances here but for the most part the mint can’t distinguish any of the ecash tokens from one another so transactions within the mint are anonymous.

There are no fees when transacting within the same mint either but of course you have to pay fees when depositing or receiving over lightning.

Cenk NGMI

Fiat currency is deprecated. Governments realize that now.

At this point they can either manage an orderly transition to a Bitcoin economy or they double down on authoritarian policies and destroy their economy altogether.

Another thing I noticed was that usernames don’t show up. I’m only seeing npubs in DM chat. Same with my counterparty even though I’ve set up a nym.

Is there a setting somewhere to show display names?

I think the real concern is sniping the mempool right?

nostr:npub1tm99pgz2lth724jeld6gzz6zv48zy6xp4n9xu5uqrwvx9km54qaqkkxn72 great job on the app!

On iOS when I first created an account it showed an npub for public key but then displayed another npub as my “private key”. When checking my keys afterwards I see the proper nsec. Just wanted to make you aware.

It would be nice to have a #lightning node tightly integrated with a mobile OS. Messages sent via lightning are more secure and private than sending on any other popular network.

Phones are almost always on so in theory they should be able to route payments, accept payments, run a #mint, etc.

And if the cell towers and WiFi gateways are #Cashu mints they can accept and rate limit anonymous users. You shouldn’t need a monthly plan anymore.

This would have the pleasant side effect of nearly eliminating spam calls and text messages.

nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp has argued quantum computing poses a near term threat to Bitcoin. Now we have this.

Perhaps we need upgrade plans sooner than expected.

I just read part 1 of Dhruv Bansal’s “Bitcoin Astronomy” series “The Law of Hash Horizons” [1] and really appreciate his deep dive into what bitcoin can do to space travel.

What’s interesting about the Law of Hash Horizons is that it’s scale invariant: by tweaking parameters like block times, difficulty adjustments, etc you can make a blockchain accommodate either a single planet or several planets BUT you can also go the other direction. You can make them scale down to a city, a neighborhood, or even a house.

Why would you scale down? You’ve created a network with an impenetrable firewall.

What happens when the block subsidy becomes negligible? Maybe hashrate localizes to defend smaller networks of pooled bitcoin and only a fraction of the global hashrate works on the global blockchain.

1. https://unchained.com/bitcoin-astronomy/the-law-of-hash-horizons

Any thoughts on Sphinx Chat? Looks interesting.

#askNostr

Giving out so much Snark to people with Zero Knowledge. Love to see it 😂

Note to anyone using enuts.

Maintaining OSS is hard when you have other commitments. Hopefully others can pick this up and continue on in the near term.

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