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Gildong.Hong
22dd8df1fed1da2574c4917146d93dcb679549aeead8f98cbbaf166d183662ad
#Bitcoin X #Nostr I am interested in libertarianism, austrian school, cypherpunk. Murray Newton Rothbard⚡️ Ludwig von Mises⚡️ Satoshi Nakamoto⚡️ Embedded fw engineer. Native Korean(South) who doesn't like kimchi anymore and love steak🥩(not stake) Me English no good sorry.
Replying to Avatar South_korea_ln

In the past 24 hours, you may have received an ad over lightning where I conducted a casual social experiment, not adhering to strict scientific protocols but rather for amusement.

For this, I utilized eaglesats.com. A detailed discussion about this business model can be found in a recent post here: https://stacker.news/items/316903.

The premise of the experiment was simple: I offered participants the chance to send me 1,000 sats, and in return, they would receive 2,000 sats back to their LNURL address, which they were instructed to include in their payment comments. I sent out about 5000 messages at 5 sats each.

Observations from the experiment include:

- I collected approximately 15,000 sats and paid out around 20,000 sats. Some participants sent smaller amounts, likely skeptical of a potential scam. After immediately reimbursing the first participant, I decided to wait until the experiment concluded an hour ago. This was to prevent others from creating multiple addresses to exploit the system after realizing the offer was legitimate.

- Over 90% of the participants used Wallet of Satoshi.

- Some participants failed to follow simple instructions. I received several 1,000 sat payments without a corresponding return address. Consequently, I didn't need to disburse 30,000 sats in total. This issue could also stem from a limitation in some wallets where custom messages are truncated, as discussed in one of the comments here: https://stacker.news/items/316903.

- The experiment showed that people are still vulnerable to falling for double-your-bitcoin scams. While I did honor the payback in this case, malicious actors might not do the same.

Yesterday, the minimum payment on eaglesats.com was 5 sats/message. Now, it is at 10 sats/message. I presume this is as a reaction to the messages posted here: https://primal.net/e/note1ym0p4qlswhkhxfz5wqs23j5rrkuc6zlgn0z0kw3xxlmzvjsfv3sqzs5hqa to avoid people getting spammed for too little money.

Just for readability

nostr:note1ym0p4qlswhkhxfz5wqs23j5rrkuc6zlgn0z0kw3xxlmzvjsfv3sqzs5hqa

It seems that someone registered my WoS addeess. I don't want to receive spam messages😅

These are orange checked spam messages which are treated as cyber security by nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m.

* Not about amount.

I think the definition of #Bitcoin layer 2 should be redefined. Generally, Off-chain protocols or platforms which are built on top of #Bitcoin are called layer 2. This is ambigious and confusing definition. According to this definition, Exchanges and sidechains such as Coinbase and Liquid becomes layer 2. Thanks to this confusing, people mistake them for #Bitcoin. Crafty blockchain companies use this terminology to make money. Some #Bitcoin -ers already have been falled for it. It's too bad🤦‍♂️

인간행동 - 미제스

오두방정 육두방정 떠는게 오태민 같네요ㅋㅋㅋ

#Bitcoin is not for the weak👊 nostr:note1kcejsgm26wucgz4xzkrv8gvr4zgxawjkvkgn0lea4mae0unhlgpqapcywj