Subnostr

GOOD MORNING NOSTR ONLY 🫡

GM, good sir.

Replying to

Chris

#GM my fellow #nostr travellers…. ☀️

GM, sir

https://quoththeraven.substack.com/p/bitcoin-scoops-up-stranded-and-excess

You really haven't made it until you're republished on Quoth the Raven's Substack. Duh.

ttps://m.primal.net/HigU.png

#econostr #bitcoin #demandresponse #AIER #economics

Replying to

https://m.primal.net/HiIF.mp4

GOOD MORNING NOSTR FAM 🫡

WONDER HOW MANY SUITS WENT SHORT BITCOIN BEFORE GOING TO BED LAST NIGHT 😂

The Bitcoin Community Newsletter

we don't wear the suits; we stack the sats.

Replying to

Bitcoin: $66,745.90

welcome to Nostr, my dudez

https://www.aier.org/article/bitcoin-scoops-up-stranded-and-excess-power/

My latest for American Institute for Economic Research, on bitcoin and electricity grids:

"Bitcoin mining, far from being unnecessary drivers of climate change, is the missing puzzle piece that stabilizes volatile green energy and makes solar and wind power work for us instead of against us."

#econstr #economics #energygrids #mainstreamingbitcoin

Replying to

https://m.primal.net/HhbD.mp4

GOOD MORNING NOSTR, WE LIKE THE COIN, WE STACK THE SATS, WE NEVER SELL, WE SPEND AS NECESSARY.

LIVE LIFE WITHOUT PERMISSION. RIDE OR DIE. FOREVER. 🫡

"Live life w/o permission."

yessir

nostr:note1f44vtpj66s2yrrs9sd44f4356vt5644kja520cagkgs35vs0v5vqd6udz4

Always be pushing your boundaries; always go further.

Winter paradise salutes you.

#nature #photography

Replying to

GOOD MORNING NOSTR, WE ARE THE FEW, THE RIDE OR DIE, AND TOGETHER WE WILL CHANGE THE WORLD FOR THE BETTER 🫡

Gooood morning, siiiiiir.

That we will.

https://humanprogress.org/bitcoin-brought-electricity-to-countries-in-the-global-south-that-needed-energy/

Energy is life. For the world and its inhabitants to live better lives—freer, richer, safer, nicer, and more comfortable lives—the world needs more energy, not less. There are no rich, low-energy countries and no poor, high-energy countries.

For decades, our central-planning mindset had us “help” the Global South by directing resources there—building things we thought Africans needed, sending money to (mostly) corrupt leaders in the hopes that schools be built or economic growth be kick-started. We squandered billions in goodhearted nongovernmental organization projects.

Even for an astute and serious energy commentator as Bryce, not once in his 40-page report on how to electrify the Global South did it occur to him that bitcoin miners—the very people who are turning the lights on for the poorest in the world—could play a crucial role in achieving that.

It’s so counterintuitive and yet, once you see it, so obvious. In the end, says Gladstein, it won’t be the United Nations or rich philanthropists that electrifies Africa “but an open-source software network, with no known inventor, and controlled by no company or government.”

Replying to

Just Annie

Finally on NOSTR. (Yeah, I saw nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m's talk, and I nuked x finally). What's good? #nostr #introductions.

welcome!

true fucking that

nostr:note10z60f8p47h6yz2kcypp789d9n9f2gc7rvqas4a06c7rgufvktx3qktn03j

https://void.cat/d/CJUTsEFrZWezxpYbSgkZi5.webp

Shook my farmer's hand today.

Result? Plenty of locally sourced meat ready for the freezer

#nostrgram #carnivore #winter #farmers #sustainableliving #meatstr

https://www.wsj.com/health/wellness/sleep-tips-wear-socks-to-bed-benefits-5d99a2c3

Peak fucking fiat. Imagine NOT sleeping with socks, lol?

https://void.cat/d/BTN6GQezTnYFY6zCXQ3wz3.webp

Replying to

Captain Jack Sparo

I think their main concern still needs to be addressed. Namely how an asset with high volatility can be used as a currency.

Imagine trying to take a loan in BTC, you will have no idea how much it’s going to cost to repay.

For those that argue stating the high inflation with today's fiat, keep in mind that inflation only goes in one direction. While it certainly isn’t good, it is still more manageable as a currency than a volatile asset.

While runaway inflation may push people towards BTC. It is still more a storage of value than a usable currency.

The day a decentralized system figures out an answer to the volatility problem, is the day it replaces fiat.

https://void.cat/d/KQi8srdJVKtLn1XpuvRYem.webp

same applies for fiat ("how much it's going to cost to repay"): price prediction under fiat explodes out too...

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3919203

https://www.wsj.com/finance/currencies/binance-guilty-plea-shows-what-cryptos-really-about-f84200a3

OK, shitting on MSM journos with _zero_ clue about bitcoin is an old gig, but still. How can somebody STILL IN 2023 state these things with a serious face?

- "The median fee leapt to more than $5 over the past week, even as transaction sizes plunged, **an insane cost to pay for something invented as a payment method.**"

- "Skeptics of bitcoin and other cryptocurrencies have had their prejudices reinforced. The **two main use cases—fraud and crime—have been exposed** to the public in dramatic fashion"

- Inflation-hedge BUSTED bc during 2021-23 monetary mismanaged BTC _fell_ in price.

- "Bitcoin has failed to live up to its original promise of being cheap online cash, but crypto keeps on reinventing itself. It’s so technically satisfying that it must be the solution to something, but quite what remains a mystery."

What a schmuck.

Replying to

Lyn Alden

I see a lot of posts about Thanksgiving discussions on bitcoin. It’s usually from the American-style perspective, like trying to convince your normie drunk uncle and aunt, and they often don’t see the demand since they have top-tier money and their downsides are subtle. They are like, “why the fuck does someone need a BitCoin?”

Meanwhile, my husband’s equivalent Thanksgiving discussion will be far easier, since he is in Egypt with our family managing a new property build-out for nine people that we are doing, and their bank just blocked my payments to them for the next capital infusion for no stated reason. So now we have to do a bunch of janky high-fee remittance workarounds for a time-sensitive payment (like making your mortgage) and then expend our human capital to go to the bank in the US and figure out where this got blocked (our bank didn’t specify, but implied on Egypt’s side). Every bank sucks here. None of them were clear, which means the customer has to investigate.

The idea of self-custodial global open-source money would be inherently interesting to my family’s dinner if it catches on and starts to have more liquidity points in Egypt like it has in Argentina, Turkey, and Nigeria.

Meanwhile drunk Americans will be like, “What does a BitCoin do, lol?”

https://bitcoinmagazine.com/culture/how-i-talk-about-bitcoin-at-thanksgiving

I got you covered, Lyn.

Replying to

bitcarnicoin

When I got into Bitcoin, I looked at those who'd been around for years. They didn't care at all about news, macro, current thing, nothing. Just a general sense of inevitable calm.

Going into my 7th year, I feel like I'm almost there. No Twitter, no MSM, no anger, no frustration just the corn and living your life.

https://www.aier.org/article/how-to-rationally-consume-news/

No MSM, I feel ya bro

https://www.aier.org/article/how-to-rationally-consume-news/

https://void.cat/d/UbBQB8WK9VYsske1EKLiaN.webp