I'm also having issues zapping some accounts, it's asking me to top up my wallet even when I have enough. This is only for some accounts though
I’ve always been primarily using Damus, but lately I’ve also been using Primal so I can send zaps. Damus has still been faster though.
You can take your profile anywhere as long as you have your nsec private key. I’ve been using multiple apps on my iPhone, and occasionally using desktop clients at the same time. This is one of the great things about nostr, even if somehow Damus were to ‘ban’ you for whatever reason, you could just swap to a different client/app and you’d keep your account and all your followers and everything.
Just figured out how to do it. I had to use the Muun recovery tool on GitHub, and since it hasn’t been updated in a while, and I’m not super familiar with the terminal, I had some help from ChatGPT regarding paths and troubleshooting. The big thing I had to change using a Mac was that I had to specifically allow the terminal and the recovery tool file to ignore some safety precautions under developer settings.
I first started using Muun for my self custody, and have learned more about how they work I am trying to move those funds to a more secure cold storage. I had to pay over 200 sat/vB for the last test transaction I sent from there when I could have easily gotten my transaction through with a much lower fee. Since I’ve heard the swaps that Muun uses for lightning transactions can lead to having a bunch of tiny UTXOs, I want to move those funds somewhere I can both control the fee rate and, if possible, control which UTXOs I send. Does anyone know how I could do this? I have all the backup information that was provided when I set up the wallet. The first/best answer that lets me do this I’ll zap 2100 sats. #asknostr #Bitcoin
This was literally my family on thanksgiving. They were complaining about inflation and I casually mentioned gold and bitcoin were the solution and it’s like they didn’t even hear me say gold
Just looked it up because I wanted it too https://apps.apple.com/us/app/block-screen/id1533333210
nostr:note1xqs0cn3vl9gtxx4ydrls9wj3s3pnz38wf3mk9j9q25nkcs5prveqskrdja
I’m cleaning my gun after a range day and am having some trouble putting it back together. Can anyone tell me what I’m doing wrong?
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You can always send someone this link https://letmegooglethat.com/
nostr:npub15879mltlln6k8jy32k6xvagmtqx3zhsndchcey8gjyectwldk88sq5kv0n When sous vide cooking is getting plastics in your food a concern since you’re heating plastic that is in direct contact with the food? If not why? #grownostr
His argument isn’t as much that there won’t be enough units for everyone as that #Bitcoin isn’t an ideal money compared to gold because the gold supply is able to expand with the productive economy (New gold deposits are found, more effective mining techniques, etc.). Sure gold won’t work in a digital economy, but another crypto that better mimics gold would be better than #Bitcoin as it exists today.
A simplified argument would be that if, under the global #Bitcoin standard, I make one sandwich and sell it and get 20 sats, then economic production doubles and now a sandwich is worth 10 sats, then I have two sandwiches worth of value even though I only created one sandwich. He’s saying that ideally the money supply should double with the economy in that scenario to be an accurate measurement of the value I created.
Maybe this could be a good topic for one of @TheGuySwan’s FUD relief series. Also, here’s the relevant quote from the book (a super thought-provoking read BTW), I didn’t want to make my first note too long.
“By sharply capping possible units and pushing all change onto the price, Satoshi made it a volatile speculative asset rather than a reliable measuring stick of value.
Capped at 21 million units by 2141, with all but 2 million or 91 percent already is-sued, Bitcoin is extremely volatile up and down by as much as 20 percent on jittery days. With as many as 5 million Bitcoins irretrievably gone because the private keys that access them are lost, BTC's net supply may even be shrinking.
This cap is fatal to Bitcoin as money. The supply of money must be able to expand as the productive economy expands. A currency is ultimately merely a measuring stick for that production. By capping the total supply of Bitcoin, its founders gilded the lily, made a money more golden than gold the supply of which increases approximately 1.5 percent per year. A coin that exists only in the ether has been rendered into a commodity —and thus its value as a financial measuring stick is destroyed.
Bitcoiners, far from progressive, hold their coins as an old-fashioned speculative asset, like a van Gogh painting or a Mickey Mantle rookie card or, well, a coin collection. Its volatility makes it useless as cash or for investment. A currency must be above all devoid of information surprise. Bitcoin's volatility makes it full of volatile surprises.
Money is only valuable when you give it away and cast it upon the waters. It is meant to facilitate trade and investment and entrepreneurship. The rule of Bitcoin is HODL, hold on for dear life, a post- capitalist rule. At Bitcoin conferences, there is much talk of buying Bitcoin and "going to sleep or on vacation or on a cruise." Money gains its value through profits from creative economic projects-the knowledge it enables, the information it yields, the time it saves. The reason the dollar is avidly sought is not because it sustains the U.S. economy but because the U.S. economy sustains it. It is the preeminent global reserve currency because it can be invested in a huge fabric of American enterprise and buy a global array of goods and services.
Bitcoin aspired to be gold, but gold is a metric not a store of value. Even on a gold standard, the amount of gold backing the currency ordinarily does not affect its price. The monetary properties of gold allow it to be trusted as a measuring stick of value even in relatively small quantities. Because gold is trusted, a small amount can support a huge increase in transactions. PayPal and Visa and other trusted platforms with trillions of dollars' worth of transactions need hold hardly any phys. ical money at all.
Above all Satoshi failed to make a new gold because he made time one-dimensional, as if time made a past but not a future. While understanding that money must be as scarce as time, he ignored the other crucial feature of time, its infinite extensibility. A successful money must combine these two features of time as paradoxically both scarce and infinite.
A successful money must be governed ultimately by the expansion of knowledge and learning. In the information theory of economics, knowledge is ultimately measured by time.
Gauging the gains of entrepreneurial learning and thus the increase in the supply of knowledge and money are two factors: the willingness of entrepreneurs to assume the risks and possible downsides of business projects, on the one hand; on the other, the willingness of lenders and investors to fund them.
These constraints govern the level of real interest rates, measures of time. These are gauges not of central bank fake fiat currencies but of actual time-prices accepted by entrepreneurs and their investors. True interest rates cannot be guaranteed by governments. A guaranteed loan is not falsifiable and does not generate real growth and collateral.
Just as important as the time-based scarcity of money is its extensibility.
Following the Asian financial crisis in 1998, the tech crash was caused in large part by the runaway appreciation of the dollar. During the tech boom, Fed chairman Alan Greenspan cut back on dollars. He said there was "irrational exuberance" and "inflation," when in fact a new digital economy was emerging, spearheaded by Thiel's Facebook, Bezos's Amazon, Google, and thousands of others.
In the last four years of the twentieth century, during the tech-telecom boom, the dollar's value rose 57 percent against gold. Measured by time-prices, the dollar appreciated strongly as the productivity multipliers of the internet economy all moved toward fruition. But, as with Bitcoin's cap of 21 million coins, the supply of dollars was prevented from matching an astonishing expansion of knowledge and wealth. Its role as a measuring stick was thwarted.
Money must expand in proportion as it is needed to conduct transactions, perform experiments, and launch projects. It must be as infinite as the entrepreneurial imagination, filtered by the banker's discipline, and it must expand in a way as limited as the twenty-four-hour day that defines time-prices, sometimes called dynes, required to conduct business.
Other better cryptocurrencies are abroad or on the horizon, more like gold in that they are scarce and yet also able to grow with the accumulation of wealth and knowledge. Bitcoin "mining," if it can be done rightly, is wonderfully analogous to the slow but steady increase of the gold supply.” - George Gilder, from chapter 13 of Life After Capitalism
I’m working on orange pilling my Dad, and he’s in favor of everything about #Bitcoin except for the argument that George Gilder lays out in his book Life After Capitalism. Basically, it’s that in order to be an accurate measuring stick the money supply needs to be able to expand with the productive economy, and thus #Bitcoin is fatally flawed to be a speculative asset with its 21M supply cap. He’s by no means a Keynesian, and would support a gold standard. I don’t really have a solid argument in response to this, so I’ll zap 10k sats to whoever sends me either a resource or lays out an argument that is good enough to convince my Dad. #asknostr
GM I’m going to try to be more active here on Nostr. I’ve mostly been read only for a while
