I’ve come to think of shitcoining noise as a test given to us to hone our “attention” 😉
Here are two pages from the Foreword in nostr:nprofile1qyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsqzq6ksswfdrw4r7mlh49qfu2k9u4zrtpextk955kquvpna3r4rq9vyhr9mpy 's nostr:nprofile1qyvhwumn8ghj7mn0wd68ytngv4uxsetc9ehkumrfdejszythwden5te0dehhxarj9ek82tntv5q3samnwvaz7tmwdaehgu3wwfjkx6mvv4ehxtnyv4mqzxthwden5te0dehhxarj9eex2mrp09skymr99ehhyecpzfmhxue69uhhqatjwpkx2urpvuhx2ucpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqgkwaehxw309aex2mrp0yh8qunfd4skctnwv46qqgqjfcf7r2xh4ae4wnnrwew3r25kpg5d7vay6wn7ktt4mzkhx76dtydl08x7 . I've been pondering in recent days about how a Bitcoin standard would reincentivize how wealth flows and accumulates in the economy, and the reorientation from high to low time preference. This frees up a lot of people to better orient, plan for, and use their time.
We could be on the cusp of seeing great things, even a new "Age of Heroes". If so, what role do you play in ushering in that new age? 
Timeless…..
Here are two pages from the Foreword in nostr:nprofile1qyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsqzq6ksswfdrw4r7mlh49qfu2k9u4zrtpextk955kquvpna3r4rq9vyhr9mpy 's nostr:nprofile1qyvhwumn8ghj7mn0wd68ytngv4uxsetc9ehkumrfdejszythwden5te0dehhxarj9ek82tntv5q3samnwvaz7tmwdaehgu3wwfjkx6mvv4ehxtnyv4mqzxthwden5te0dehhxarj9eex2mrp09skymr99ehhyecpzfmhxue69uhhqatjwpkx2urpvuhx2ucpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqgkwaehxw309aex2mrp0yh8qunfd4skctnwv46qqgqjfcf7r2xh4ae4wnnrwew3r25kpg5d7vay6wn7ktt4mzkhx76dtydl08x7 . I've been pondering in recent days about how a Bitcoin standard would reincentivize how wealth flows and accumulates in the economy, and the reorientation from high to low time preference. This frees up a lot of people to better orient, plan for, and use their time.
We could be on the cusp of seeing great things, even a new "Age of Heroes". If so, what role do you play in ushering in that new age?
Now blow your mind further by taking the thought experience to what happens as we asymptotically approach zero time preference. What happens to the SoV function of money? What happens to us as humans?
👁️💓🧬🦋😌
That’s the past brother.
It doesn’t overlay onto where we are going….
Jesus spoke often of it….
“A new heaven and a new earth”
Amongst so many other of his brilliant allegories, stories and metaphors.
Bitcoin (the ecosystem) is emerging at this very moment in time to make that future manifest NOW.
“All” we have to do is let go of our deeply engrained genetic conditioning of fear and division. (The (w)holy) spirit will take care of the rest!!!
💓🧬🦋
This may just be MY opinion. But I can feel it in every cell of my body at times….
“We are the ones we’ve been waiting for”
God Bless You Brother 🙏🏻😌
Rules not Rulers.
Time to evolve past central governance….
“Picking” your Master is a far cry from being self sovereign and NEEDING no master.
I sense that this is why Bitcoin picked exactly this moment in “time” to emerge…
💓🧬🦋
Great (lesser known) quote to go with Hayak’s…..
Valid point.
But I don’t think it all neatly fits in the Austrian School definitions. Lightening strikes me as far more of an “asset” than typical layer 2 on fiat.
Once again. Just my 2 cents.
I think we agree on 99 percent of this. From a classification standpoint. But calling lightening purely a “coupon” BACKED by BTC/layer 1 is going too far, IMO.
Its actual bitcoin in a smart contract that can be self custodied and unilaterally reverted back to main chain UTXO custody baring some wildly aberrant event.
I’ve enjoyed this discussion, since it has provided me the opportunity to reflect and learn. The major reason I LOVE this community and journey down the rabbit hole.
So thank you! 🙏🏻
PS
Back to the top, I still think Jack was not advocating for more liquidity and velocity on main chain.
He was taking issue about a growing group on wall st in US (eg MSTR, Blackrock, others) that are explicitly advocating for BTC to remain JUST a pristine digital asset. Actively trying to block layer2/3 and circular economies from developing.
In that case I agree with him. If this doesn’t become our new global system and therefore seperate money from state for the first time in history, I think we are fucked as a civilisation.
Just my 2 cents.
This is why I respectfully disagree with your interpretation and why I (personally) consider Lightening to be actual Bitcoin. Technically…..(see attachment below)
More to the point, this is why most definitely @jack was not pushing to “shove more liquidity and velocity” onto Layer 1.
He (and I and most others I know in Bitcoin) consider payments made in lightening to be the same P2P value transfer as layer 1.
If you don’t, that’s your perspective. But (back to the original point) he was most definitely not arguing for “more liquidity and velocity” on layer 1. So I fail to see the “falsehood and misinterpretation” as you accused.
Otherwise he would be a B Cash’er!!!
😝😝😝
Peace ✌️
You seem angry….hard to communicate.
Be well brotha. 🙏🏻
I don’t think that implies all on layer 1….
Ask him 😉
I have ParmAirGaps available worldwide - Dismembered Thinkpad Laptops without WiFi or BlueTooth cards, Electrum & Sparrow Wallets installed, and a webcam for QR signing transactions, fully encrypted. Let me tell you what they are for...
1) Make seeds
You can use it to verify checksums of bespoke seeds that you roll yourself - I have guides for that.
2) Verify the honesty of HWWs
You can use it to verify the addresses of wallets made by hardware wallets. How do you know they are not using parallel seeds and pretending to use the seed you created or entered? Even if you use some dice roll feature, you can't know if the addresses truly belong to the seed you think you're using. Even if you have a passphrase, this risk exists. If you're paranoid enough, you can enter the seed into the ParmAirGap's Electrum/Sparrow wallet (don't use a regular computer, that's bloody dangerous), then check that the addresses generated are the same as the ones from the hardware wallet. Then you're good, and you can delete the ParmAirGap wallet you just created (if you want).
3) Storage & Encryption
It's up to you if you want to use the device as a stateless machine (store keys on it or not). It is safe because the drive is encrypted. Air-gapped computers with encrypted drives are still vulnerable because an attacker can remove the drive and attach it to their computer, then explore the file system without needing to enter a password. In addition to the drive being encrypted, you can encrypt any wallet files
you create - the software offers that. Even if you forget the password, you've learned from Parman and you know to have backup redundancy.
4) Inheritance
On this computer it is safe to generate letters with high detail about bitcoin recovery. You can then encrypt the file and put it on a USB device. Ideally, put it on a Tails USB drive. Available on request, or make your own. To get assistance with inheritance planning, BetterCallParman (TM).
5) Signing
It can be used as a signing device - partially signed transactions can be passed around by QR code for extra safety. Even safer is to have multiple devices geographically separated with each device only ever having knowledge of one key. Then you pass the transaction around until it is fully signed. BetterCallParman to learn how (mentorship or individual lesson).
6) Uncle Jim like a champ.
With one of these it's easy to create keys for your family, and even store and encrypt keys for them as their backup.
FUD
Note that there is FUD going around that these can be hacked, but c'mon, these are laboratory condition attacks AND at the very least the device needs to be tampered by an attacker and then put back without you noticing. If it truly is a concern, get 2 or 3 of them and do multisig.
You can get one here...
https://parmanode.com/parmairgap
And it nicely pairs with a ParmanodL transaction computer, just saying...
Love your work Parman….
I can’t tell if this is an SNL skit or not 🤨
Can someone help me out?
