FULL PARDON IS ABSOLUTELY MASSIVE AND UNEXPECTED.

FUCKING BEAUTIFUL.

THANK YOU PRESIDENT TRUMP.

HUGE PROPS TO BITCOIN POLICY INSTITUTE AND DAVID BAILEY FOR MAKING IT THE PRIORITY.

LETS ALL GIVE ROSS SOME SPACE. HE DESERVES IT.

I think you’re a permanoob.

i'm quite disconnected from the news but with the most recent insanity penetrating my echo chamber I'm starting to believe that I'm not disconnected enough

June 2023 I quested to El Salvador with a close friend for 7 days.

When he left, I ended up staying an additional 4 days with 5 new friends I had met while being there.

5/5 still connected in a close way with these amazing friends.

We’re all diff ages, diff stages, diff COUNTRIES, but we were all connected by that one trip.

Takeaways:

- travel abroad

- stay longer

- say YES

- make international friends

- go to bitcoin friendly places

- don’t push bitcoin on others

- real connections are rare

- real connection last forever

Not a lot. Transaction incl. tipping, bitcoin games I play winning Sats, and moving Bitcoin around in wallets

No offense but if you’re posting more than a few times per day here I am going to unfollow because it does clutter up my feed.

Will probably still see your best posts via reposts, anyways.

Running an umbrella lightning channel with 4 or 5 connections for 3 or 4 years now. Never a problem.

I’ve talked to couple local small businesses recently in my neighborhood. Mostly Pubs, and restaurants. Some won’t take a credit card any longer, and some are adding 3.5% on to the bill to take the credit card. There margins are too tight to take the hit the credit card companies are charging them. On top of that, some have to wait between 30 and 60 days to be paid by the credit card company. Creates cash flow problems. If you tip on the credit card, the staff has to take it on their paycheck. They wait for that too. They also suffer income tax on those tips. Credit cards are real convenient. That’s why we use them to buy stuff. Watch out however, if you do not pay them off right away. Get yourself in loads of bad debt if not handled responsibly.

OK then, back to cash. Dirty stuff. Half the folks out there handling it don’t know how to make change from a buck any longer. Easy to loose it. Woops, left a $20 on the bar instead of a ten, or something fell out of my wallet when I was pulling other stuff out. Can’t remember where I spent that stuff.

All out now. Got to go back to the bank and get some more.

How about if the merchant took Bitcoin on the Lightning network. They get it instantly. You could tip the staff separately. They would not have to report it, and they get it instantly. The merchant would not have to charge you more to use Lightning payment. You pay a couple SATs when you make the payment. Peanuts compared to the credit card company.

The merchant can convert to cash instantly to pay his bills with Strike or CashApp if needed. If he has more in his account than he needs to pay his bills, he can let the balance ride on the Bitcoin network, and earn more than he can in his fiat bank account.

I know, Venmo and PayPal are attempting to make it just as easy. However, their fees are higher, and you run into issues at the end of the year with reporting who and why you spent or received money. Then did you pay sales taxes on something you bought from somebody. Here we will deduct it and send it in for you. And for that you need to have these accounts tied back into your bank account. Sorry, too much bull shit for convenience for me.

I am however in agreement with you. Bitcoin does not need to abolish the Central banking or banks in general, or Fiat for that matter. They can live together. People will gravitate naturally to the system that suits them best. It’s good that these systems need to compete with each other. Makes them all better in the long run.

I agree! We will sooner or later need to start moving that HODL mass thru the economy. Would just like to see it passing between the people (Bitcoiners), not thru Wall Street.

My husband’s 8-year-old niece is having a birthday party with relatives and friends invited. But all seven friends declined to come, one by one, either due to getting sick or family issues or because some of them have big tests.

And the mom was hesitant to tell her about the last ones, including her best friend, being unable to come, since that final piece of news is devastating. So when we arrived, the niece was super happy, dressed up like a princess, showing us all the decorations and picking which colored forks each of her friends would have for the cake.

Basically, the expectations and reality couldn’t be more starkly different. It was like a comedy show setting up for a sad punchline. And eventually the mom dropped the bombshell, crying ensued, etc. The niece said this would be awful since her party would be all adults talking.

So, now I’m playing My Little Pony with her for damage control. Next, I’m going to blow up a lot of balloons to throw around with her and challenge her to see how many she can keep in the air at once. And then she wants to watch Inside Out 2 together.

How’s your day going?

I spent another 100,000 sats on a zap-vertising experiment…

And I think I proved that advertising on Nostr actually works…

Here’s:

1️⃣ What I did

2️⃣ The results

3️⃣ What I learned

1️⃣ What I did:

I sent 4105 zaps over the course of 3 days for a total of 112,000 sats.

Each zap contained a link for a blog post:

zapvertising-experiment.carrd.co

My goal was to see if I could get a reasonable cost per click (CPC)…

2️⃣ The results:

During the campaign I had a total of 71 unique visitors to the page.

CPC was 1578 sats or $1.50 usd.

I also gained 245 followers from that campaign.

These CPCs are in line with other ad platforms which validates the overall concept for me.

3️⃣ What I learned / brain dump:

- Results were better than expected.

- I thought there might have been a bit of negative push back (however none received).

- There is a chance I am significantly underreporting and google analytics isn't picking everything up (surprised to see 3-4x the number of new followers vs. clicks 🤔)

- THERE IS SOMETHING HERE. I still don’t know exactly what the model looks like, how it scales, but there is something to be uncovered.

- Right now, this can’t be done at scale… in the future it could. I spent ~$100 and it took me multiple days. In the future there will be ways to allocate +$10,000 per day here. For context of where we are at right now, Nostr daily zap totals are around 750,000 sats - about $675 - see stats.nostr.band/ for that data)

- Something feels off with the format… simply paying someone and sending them a link… The p2p model feels right, but the format feels off.

More to come 🫡

Let me know your thoughts 👇