No metric for cash usage - should we declare cash a failure?
⚡️⚡️
Hmm. I have had intermittent trouble with nosx2 extension also. Another suggestion was to “clear cache” and to reinstall
nosx2 extension options, enter relays there
“It doesn't matter who tells you a longest chain, the proof-of-work speaks for itself.”
SN
“The proof-of-work chain is the solution to the synchronisation problem, and to knowing what the globally shared view is without having to trust anyone.”
SN
“The only way for everyone to stay on the same page is to believe that the longest chain is always the valid one, no matter what.”
SN
The only positive thing that came out of the pandemic was the fist-bump
🤜🤛
Noncoiner smart friend is struggling with Bitcoin. Fighting it hard. Hyper focused on making sure “someone”is accountable. My text responses:
“Got it. You are locked in on accountability. That is good.”
“Ok. It is 1750 USA. You are looking to sell 3 horses. Buyer shows up with stack of Escudos gold coin. You do not trust Columbia. You don’t trust the dude, but you do trust the gold: it is easily verified as real: by touch, feel, weight. You also trust the when you go to spend it it will hold its value. It’s hard money. Hard to increase supply, hard to counterfeit, easy to verify as real.”
“Gold’s properties are all physical. Fixed by nature. Bitcoin properties are fixed by math (large numbers and cryptography) + energy (computational proof). If there is say a 10% chance that Bitcoin replicates Gold’s properties in digital form. If it’s just as hard or harder to counterfeit, easier to verify, impossible to inflate, then you may want to have access to some in case it works out . Or at least take a close look at how it works. How can it have emergent accountability?”
“Personal responsibility: if you lost your gold coins you are f-ked, if you lose access to your private keys in Bitcoin, also f-ked”
xpub is the public key at the given derivation.
#sparrow wallet 🔥🔥
Digesting: XRP, SEC, crypto/macro twttrrr takes..
I’m all in with nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gxtake.
Paraphrasing: only way forward is for everyone to “touch-the-stove” … repeat rug-pulls —> a small # will find bitcoin after getting burned, then rinse and repeat with a new batch —> first individuals, then businesses/institutions
Feels like the VCs, Trad-Fi, now garnering “support” by gov regs/laws/politicians - are going all-in on bitcoin-“adjacent” shitcoins/ETFs/Alts.
I’m going all-in on working, saving more than I spend, save in bitcoin, practice and promote self-custody skills.
Stock options under our current fiat clown system are ……. shitcoins.
Great RIP. Exactly what I needed.
Long day of keeping the fiat BS at arms length. They can’t have my hard work - I’m safely stacking it away for my future self.
Leaning into new orange-pill strategy: just give someone bitcoin. As a gift, or for food, cash or beer….
Muun Wallet is my go to. Bitcoin and Lightening; simple UX. The 2/2 multisig set-up introduces a lot concepts to talk about: privkey, signatures, addresses, onchain Tx, lightening Tx, fee rates. They use it, questions come-up, leads to more questions.
They are then asking and listening, learning at their own pace with some skin in the game.
I can envision a path: muun, blue, sparrow, bisq, run a node….
Seems better than people just heading to a KYC exchange, buying and not using the tools. Personal responsibility from the start.