Saw him live last week in Zurich - wonderful guitar sounds - https://www.mikedawes.com/

It's good. It makes me drink tea when out of the house.

Brilliant episode. Rare rational takes. Learned a ton. Thanks to both of you.

Bitcoin works just as well at a price of 10⁰ USD (with zero to one cleared) per coin as it will at 10⁶ USD. It does not know "its" price.

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GM 🍀 friends - my coffeemaker takes about 20 minutes to get ready - enough to fold stacking sats into the morning routine

Very cool EP with numerous exceptionally interesting takes on debt management and outlook. 🙏🏻

Take the words for entertainment purposes only and watch the actions. There are no shortcuts. Don't hope, do the work.

Vlad, could you please try to get Eric onto Nostr?

How is the IMF not overtly engaging in abuse of their power to further the interest of the money lords? Overtly unethical but still illegal (like, for example, slavery back when).

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I am through to 7:14:54, and I still think it was a great use of my time. This EP is not for everybody, but if you want a clearer view of some of the characteristics and dimensions that make up Bitcoin, there is no better place to start. These seven+ hours were dedicated to the base layer (on-chain) Bitcoin. Nobody will do the work for you: you must define what Bitcoin is to you personally and which domains, areas, attributes, and characteristics you will invest your time and efforts in.

GM infinity media - take a look at your DMs to pick up cashu nuts

Very cool picture 🕶️ - as a hobby sailor it is interesting to take a closer look at the lines and ropes: they all "look right" but some don't make much sense 😅 when underway.

In the eyes of governments, the ability to control a coin is a significant plus. Naturally, Bitcoin is a bit weak in that dimension and needs to be supplemented with pre-mined p.o.s. coins, preferably with a CEO.

Life is so much easier for those who stay flexible and adapt quickly. Resisting unavoidable change leads to depression and grumpiness. Every once in a while, it is essential to resist and alter the natural flow of the world. However, unless this is done in a homeopathic dosage, there is a high risk of burnout. Why not enjoy the ride along the flow of the world and work with it rather than against it?

I enjoyed all of the first hour I absorbed so far.

This is too good not to get up at night to buy corn. The outlook for #Bitcoin is as strong as last month, and the entry price has improved as quite a few people need liquidity.

Let's place a bid ....

"Optical detriment by deterministic optimism" (it's the best I could come up with)

This index is a total joke - it's like yesterday's weather forecast 🥱

Today: dd.mm.yyyy = 25.02.(20+25)^2

I love your show, Chris, and find it informative, inspiring, and fresh 🐬

It works well for me; I use it with onlyoffice and wonder why people pay for Office or Cloud, primarily public entities.

sehr präzise Analyse der Situation - der Vortrag nimmt mir viel Arbeit ab ✅

I think I should have used the word profiteering instead of corruption. Corruption only exists outside of the law, while legally profiteering is perfectly possible. The effect is the same: money earned unethically. Hear Woody Harrleson talk about it (and many other relevant topics) in this great conversation with Joe Rogan (https://youtu.be/ztXzOIH7x10).

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It's the other way around: as soon as appearance doesn't help finding a mating partner it goes off the chat quickly and the face optimizes for other vital factors.

What is the easiest way to collect all my posts into a json file and inject them into my own relay (strfry)?

Bitcoin is technically and ethically beautiful because it peacefully resists corruption. However, we need to acknowledge that an essential force driving its adoption and success is the appalling level of corruption and self-serving behavior displayed by people in positions of power in the past decades. The current zeitgeist suggests that large corporations and institutions are corrupt in principle, and Milei, Musk, or Trump's efforts to dismantle them are applauded (also by me). Still, I believe that fully decentralized micro organizations cannot solve all problems, and there is value in mounting and funding larger entities. We "just" need to find a way to prevent the destructive force of power to corrupt management.

Navigating such a vessel (any sailing vessel for that matter) requires 100% , leaving none, not even for Bitcoin. Just like navigating Bitcoin properly requires full attention too. Tried it, we njoyed it and failed to do both 🐬.

I asked ChatGPT to estimate the likelihood of the following opcodes being merged and deployed in the next five years:

OP_CTV, 50-70%, simple, well-reviewed, useful for scaling.

OP_CAT, 30-50%, more general-purpose, but not urgent.

OP_VAULT, 30-50%, niche use case, but useful for security.

OP_CSFS, 10-30%, powerful but complex and controversial.

Are these reasonable?

Poisson distribution: 40 minutes without a block and now four blocks in two minutes

* https://wallet.cashu.me/ *

That's a good and very important point. I came to think (after detours, don't ask) that if your phone runs Android, Minibits is the easiest way to start with Bitcoin. If you use an iPhone, then use Macadamia, or if you want an all-in-one wallet, use cash. Me. It's very easy and works really well. If the funds exceed what you are willing to carry around, then swap out for Bitbox, Coldcard, or Jade.

Interesting. Your opinion matters to me. I am running a substantial lightning node and cash mint, but otherwise, I am pretty far from the center of the universe (as compared to you). I think having a phone that accepts lightning transactions is not a good idea. Lightning works best if all the known nodes are 24/7/365. When my node needs to make a payment, it has to use its imagination to find a route from the payer to the recipient. Too many offline or semi-online nodes make it harder for algorithms to find a cheap route quickly. Therefore, I am leaning towards recommending a Cashu wallet for starters, perhaps a custodial lightning wallet too (ideally with a friend running the node), and educating users concerning when to move funds out of Cashu into Boltz, swapping out to self-custody. What do you think about this?

FIAT money is little more than state-controlled karma points. Exchange your points for Bitcoin to maintain purchasing power.

🎾 - "Fifteen years of serve training in less than two minutes - this guy is pretty cool (https://youtube.com/shorts/1u8MGBMdMEo?si=J1ueLGyyV4y8U_hF) ... and it works (of course, only after having completed the fifteen years of serve training 😇) #tennis

Manipulating money is a crime, which makes Bitcoin prices one of the most powerful coordination tools in human civilization.

⚙️

I am sympathetic to DOGE's efforts, not because I like disruption and drama but because I like transparency, rational thinking, and good decision-making. Some DOGE critiques (https://www.youtube.com/watch?v=2luQx9OWuuY) even seem to reinforce its necessity. But I also support EFF and its efforts, and now EFF clashes with DOGE (https://www.eff.org/deeplinks/2025/02/eff-sues-doge-and-office-personnel-management-halt-ransacking-federal-data). Of course, one should never have collected these giant data pools in the first place. What do you think about this?

Much work has gone into planning and evaluating an upgrade to my computing infrastructure, and purchasing these is also quite costly. Mind you, I only have a few people using any of my services (lnbits instance, cashu mint). This initiative, which is fueled mainly by idealism, aims to contribute to the world I want to see, which includes decentralized, permissionless, and private payments. The work is much fun, and I get a sense of giving back to the community, the people who built all the cool tools I am deploying, and Satoshi.

GM 🌥️ This week, a friend asked me why we are confident there will never be more than 21 million Bitcoins. In response, I wrote this (in German): https://www.bitcoinweesen.ch/warum-gibt-es-nur-21-millionen-bitcoin/

Mr. Yanis Varoufakis got it all wrong with Bitcoin a number of years ago. And like so many who had a reputation to lose he can't just BTFD but has to double down and triple down and gaziliioniple down.

Both AO and EO takes a lot of news coverage lately.

This is a brilliant episode. Sometimes, I feel like I have lived in this simulated world (aka "under a rock") for many years 😅. Thanks for the light, Bitcoiners. And thanks, Danny, for the ep and Mark, for the valuable links and context.