3c
₿itcoin
3c719747b27bc71fd9f43df8e21c1dbd332f31fca9110299d7fe89f8d5cc03e5
Helping (-₿itcoin₿-) education sprankled with many opinions: 21^10*6 ₿ with 1^10*8 satoshis. Unstructured simplicity. Best-effort basis monetary propagation. Free and open-source. Cryptography protection. To consensus or not to consensus?

Seems interesting and I am curious to the methods utilized!

Replying to Avatar 0ZNCV

https://void.cat/d/2uMMFDhFJLvDUCfCFXxxcQ.webp

https://void.cat/d/U2n52npJ6qWMW5di4LtbSC.webp

Alright! Finally finished the big kahuna concept! If I did this right each slide will be able to generate north of 700kw per day. Many things need to be engineered and ironed out for this to work but for now - assuming it does - this might be a new way to use hydro-power. For reference if the scale was brought down to the size of a backyard - using two shipping containers for pools and using the same idea, the backyard sized pools could generate 1kw per day. It may not sound like much but It's generated 100% passive energy, It's green energy and if connected downriver to a lake this could create much more energy for much less cost. OH yeeee!

(re-post pics where blurry lol)

Nice drawings. Although I don't know how this will work.

#₿itcoin #mining is an important game. Maybe some of you ₿itcoin miners fail miserably to realise how important it is to make the decision that helps ₿itcoin's nature.

The risk that you go into if you choose an untransparant miningpool might seem small, but later on you will see that the miningpool that you helped smuggled way too much away for what they gave you.

Remember: joining a wrong miningpool is as if you are doing a wrong transaction: once it happens, there is no negotiation, no return of funds, nothing, they have no single obligation, as it should be. So if they do something untransparant, you have to pray that they are doing something that benefits the network and thus your bitcoin.

Now the big mining pools do untransparant things all the time, so you contstantly have to accept it. The only way to know for sure is by choosing miningpools that are as transparant as possible: those who even publish the block template before hand.

There are bigger things at stake.

There will be times where you have less interaction. And times where you have much. Being helpfull and producing quality posts is probably the best strategy. Also, if you are about to write a really really good note (in your opinion) you can store it first somewhere locally and then post it. This way you won't lose your post and you can repost it.

Replying to Avatar Gianluca Tassara

I'm all in on bitcoin.

I don't own any stocks, bonds, precious metals, real estate or other cryptocurrencies. I only have just enough dollars to cover my short term expenses. Everything else is in bitcoin.

I don't diversify. Diversification doesn't make any sense. I don't own a house either. I sold my house last year and used all that money to buy bitcoin. I now rent.

This is the way.

You might think that I'm crazy. That's okay. I'm doing very fine and I'm happy.

I'm a bitcoin maximalist.

What the hell is that you might ask? Well, there is no official definition for bitcoin maximalism. It can mean different things to different people.

With that said, I believe I can give you a definition that will satisfy most maxis.

Bitcoin maximalism is the belief that bitcoin is the best form of money that currently exists, outside the control of governments and banks. Therefore, putting your money into anything other than bitcoin makes no sense.

The above is reinforced by the fact that bitcoin continues to outperform pretty much everything, further removing the need to "invest" in anything else.

Bitcoin maxis won't bother buying stocks, bonds, funds, certificate deposits or any other form of modern investments. The only reason why people feel the need to buy these things is because they are stuck in a monetary system that forces them to. They have to choose between investing or losing their purchasing power over time.

Toxic bitcoin maximalists are maxis who attack everything that is not bitcoin. All maxis are toxic to some degree. It depends on their personality and their conviction. I personally consider myself moderately toxic. I like to make fun of other cryptocurrencies and call out people for buying that crap. My friends know that I'm a maxi so they would be embarrassed to admit in front of me that they own coins other than bitcoin. I have managed to save most of them from the "crypto world". They're not maxis, but at least they're bitcoin only.

Maxis have high distrust in the system and tend to be kind of rebels. People who trust governments or are politically inclined to the left are unlikely to become maxis. They are more likely to see bitcoin as some form of investment, which is perfectly fine. Bitcoin is for everyone.

Some people use the terms "bitcoiner" and "bitcoin maximalist" interchangeably. Personally I like to use the word maximalism to further emphasize the ideology I support. I tell people I'm a maxi so that they don't even bother trying to persuade me to buy other stuff. Can you be a bitcoiner and not a maxi? I suppose. Maybe you fully support the ideals behind bitcoin, but you also own a little bit of gold or a couple of stocks. However, the deeper down the bitcoin rabbit hole you go, the less you will want to put your money into anything other than bitcoin.

Now, being a bitcoin maxi doesn't necessarily mean you want to get rid of the state. I'm personally quite indifferent to the existence of governments, as long as they don't control the money. I simply want people to be free to use whatever money they want without it being devalued and censored by the government. In other words, most bitcoin maxis simply want to separate money from the state.

You can still be a bitcoiner if you believe the state is a good thing for society. In a world where bitcoin is money, we can still pay taxes and have governments take care of stuff. Here's the main difference though: When governments don't control money, they can no longer abuse us the way they do now.

Of course, many bitcoin maxis are either libertarians or anarcho-capitalists, but that doesn't mean you have to be.

So, do you consider yourself to be a maxi or something else?

Comment this note!

#bitcoinmaxi

Although bitcoin cannot fullfill every usecase under certain conditions, which is why gold always will be the second best money, the orange pill is for some hard to swallow because it hs digital.

You described the word in great detail and I agree with it. A Bitcoin maxi is freedom loving in any case and sees independend natural money as the most important aspect of reaching this. I guess.

Business accounts are interesting. For the rest, I would suggest first following hashstags and then looking at the profiles that fly past. Some are definitly interesting.

You got edward snowden, odell, some meme accounts, mempool.space and other people. Many interesting other people. you could follow hashtags like gardening, radio, open-source software, bitcoin, nostr, sport etc.

'Don't give your kids digital stuff until they really need to. And if you do, don't give them addicting or vendor locking stuff. Start with things that hava no screen, like audio. Flip phones and radio maybe. Keep it local, don't use the cloud. Don't give them reddit, but nostr. Don't do youtube, but invidious. No windows but linux, no spotify but wavlake and CD's and MP3 players.

No mcdonalds but healthy food. If they don't like your food, teach them how to be healthy, or do a better job at making it. Let them have enough water and milk and let them run. Let them go iceskating, on the bike and trough the woods. Let them climb and let them explore their own abilities while playing. Let them be social and teach them morals and health. Let them look around, so they can escape in times of need.

Some parents are acting as if they would rather ignore their children then giving them love, staring as zombies on their screens or ignoring activities of their children while the children are looking for signs of life and happiness from their parents. Don't be like those parents.

They are the closest, the ones that are the most connected to you, the ones that want the best for you all times, if you treated them good. Don't waste your and their oppertunity at precious happy moments.'

- My take on this difficult job.

We also want these methods to go via out of band methods. Thus, we want to be as independend on digital infrastructure as possible. The optimal case would be doing everything in your head, but this is not possible. (No, don't use Elon Musk brain chips!)

So we need to focus on the aspects of the #₿itcoin #timechain that are easiest to tranfer out of band.

I was thinking about the blocks themselves for example, as they only refresh every 10 minutes. Enough time to propagate and probably our best bet. You could also easily leave out data in order to make it even smaller. You could even prune the whole merkle root diagram except for the first levels and share a qr code for it.!

individual transactions might be smaller but the amount makes it unfeasible to effectively transfer them without digital infrastructure. And you also don't know how much ends up on chain so it is a wasteful thing to try and it is easy to fake if you have no node verifying it. With block hashes you immeadiatly have the proof of work, that makes it a bit less likely that someone misused that power.

are there other interesting aspects of the #timechain that can be transmitted easily decentralized and out of band (optical or something else)?

nostr:nevent1qqsrhjvav2azwn2jqt3alv56083tgm9w4dhuq5z0wgyc2y6wjfrs6mqpp4mhxue69uhkummn9ekx7mqzyq78r968kfauw87e7s7l3csurk7nxte3lj53zq5e6llgn7x4esp72qcyqqqqqqgqpl6cg

on amethyst you have "security filters" where you can include blacklisted words.

Walking around and in the woods, sometimes swimming. Or just dozing off in the sun if it is not too cold and dirty outside.