Nostr Web Client

timing of these ETFs is pretty crazy - if bitcoin goes on a strong run during a global depression shit is gonna get wild

Joe Li₿ertarian 2y ago

I've had similar thoughts... if the ETF gets rejected / continually delayed during a global depression... 😬!

Replying to

₿logging₿itcoin

Besides heaters, what other appliances can mine #bitcoin?

#asknostr

Joe Li₿ertarian 2y ago

I've shared this before and I think heatbit is going to do it, but the heat could be used to create air conditioning (or at least cooling) in the way a propane fridge works.

Also, a miner could also be made to work as a dehumidifier.

Replying to

jimbocoin 🃏

#Bitcoin #meme

Joe Li₿ertarian 2y ago

I feeling this, baby! Yeah! 😂

Replying to

Guy Swann

If I had to steelman the reverse:

Basically all of our sidechain designs currently amount to this same thing. So a federated sidechain is a voting system too, it’s just permissioned. So you can know exactly who the voters are. So in that sense DC has some benefits and some drawbacks. DC is actually a novel way to accomplish this by using enormous security infrastructure that already exists, and could be a great option in the toolset for scaling.

My problem is that any changes at all can obviously have unintended consequences (cough* inscriptions *cough*). And messing with miner incentives/profitability - even in a way that seems beneficial at first glance - is extremely dangerous territory. So I’m deeply skeptical that if this isn’t some vastly superior system, with its own set of potential problems, that messes with miner incentives — where we already have an uphill battle to make them further decentralized — that it will have the momentum necessary to get a soft fork through.

Still open to all of this. But I don’t yet see a clear “ok this is obviously and vastly better to have, than to not have.”

Joe Li₿ertarian 2y ago

Great insight!

I'm solidly in the camp of "don't break our best chance to #endthefed " we've ever had!

Joe Li₿ertarian 2y ago

After listening to nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev talk about #drivechains recently, I think I agree with his perspective.

The concept of miners voting for other coins is antithetical to the basis of Bitcoin's consensus mechanism. Human action means backing up your beliefs by taking making a clear decision. Voting is fine for unimportant things because it's a flawed a manipulatable system.

Committing to one path or another is how real value is determined. Anything less is sitting the fence. I don't have the technical background on this topic, but these decisions should be based on first principles.

What do y'all think? Is there something that I'm missing or am I completely off base in my logic?

#bitcoin #scaling #asknostr

Replying to

1

This trial, focused on Trump's efforts to overturn the 2020 election results, will take place just one day before Super Tuesday, a crucial date in the Republican presidential nominating contest. #trump

https://www.virtue.news/post/donald-trump-s-trial-date-set-for-march-4th-coinciding-with-super-tuesday

Joe Li₿ertarian 2y ago

More free publicity for Trump... the media cannot stop.

Replying to

The Marie ⚡️🦂

Morning Nostriches!

Sadly I cannot say it’s a ‘good morning’.

My brother is out of coma but it’s not looking good.

It’s looking very likely that he has brain damage, we are beyond devastated at this time.

Life is very precious and takes crazy turns, hug your loved ones tightly and tell them you love them.

I sincerely thank this amazing community for their love, messages and thoughts.

I’ve felt more love from people here than I have ever had via FB or Insta.

Although this region is lovely(pic)it’s quite a remote area.

Joe Li₿ertarian 2y ago

Praying for each of you.

Replying to

Quotes Bot

“The best things in life are tax free.” - Joseph Bonkowski

Joe Li₿ertarian 2y ago

#Memes and #quotes are what helped me escape the matrix and primed me to be open to #bitcoin !

#memestr #quotestr

nostr:nevent1qqs8j5sz9d2nyuaqff4uple9cdmrs07uj7qw7fgtzp8q4prevfv8pcsppamhxue69uhkummnw3ezumt0d5pzphp2y0j5nq390agchv0s2zfhg73ycrrcdlac8cwea3urx6tnkr66qvzqqqqqqya6zjr5

Joe Li₿ertarian 2y ago

#Bitcoin is like playing a global game of marbles. But there are only 21 million marbles that will ever exist and more people keep wanting more marbles. The people not playing marbles are losing our by not playing.

#gametheory

Replying to

corndalorian

At Costco on a Sunday. Madness.

Joe Li₿ertarian 2y ago

Same! 😂

Replying to

Mandrik

I never want payment for the baklava I give out at conferences, but I couldn't stop a few of you who zapped me on Nostr.

Well played! 😂🤙

Joe Li₿ertarian 2y ago

I'll get some baklava from you at some point!

Replying to

yo

The magic of promises

Choose #Bitcoin

Joe Li₿ertarian 2y ago

Paper dollars used to represent the value of something... ($10 worth of gold or silver) now dollars just represent theft through inflation.

#bitcoin fixes this! #fiat

nostr:nevent1qqsqrwhq8j455zr0qt9l03q5fjdxzg02yvjtndtpz7epwc6clzttwdcpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qgs87xedyprxl40lsdkxhjs6ppyln3m3vt8uqzm7wz9fzsnk8sppvucrqsqqqqqpyuzdgm

Replying to

Stacking Functions

That’s the only show that my family watches on TV!

So many awesome people have been on there over the years that we’ve learned from and kept up with outside of the show

Joe Li₿ertarian 2y ago

My whole crew loves it. I bet my wife will follow some of those people on Instagram.

Joe Li₿ertarian 2y ago

I just watched my first season of "Alone" (on Netflix) - such an incredible show! Two thoughts...

1.) Watch it for inspiration to #hodl your #bitcoin ! These people think long-term, train, study, and prepare for this life-changing survival experience for years or decades.

2.) How cool will it be when you can #zap some sats to your favorite contestant on a show like that?!? Especially the runner up, who has a really cool vision for how they'd use the money to educate others.

5 ⭐s

Replying to