Subnostr

Many Bitcoiner’s become deranged because they have miss set expectations for Bitcoin. When Bitcoin’s reality moves away from their vision they become deranged as they try to cope. Sad but this is what I am trying to call out.

BottleTeams 2y ago

The ordinals people are essentially betting that whatever sats they spend inscribing they will get back and more when people want to buy their monkey Jpgs.

Replying to

utxo the webmaster 🧑‍💻

Yes that is a retarded waste. We have torrents and nostr. Bitcoin is money, not storage for your blog

BottleTeams 2y ago

Until it's uneconomical to do so people will keep putting extra things in blocks. I'm really indifferent about the topic and I think it's goofy to get concerned about. What if I wanted to just send thousands of transactions until I ran out of btc? Spam the chain for no reason. Am I not only hurting myself?

Replying to

utxo the webmaster 🧑‍💻

If Bitcoin is useful, this happens anyway. If it only survives by putting dick pics on it, then Bitcoin should fail.

BottleTeams 2y ago

What about putting wiki leaks on the blocks? Is that not a waste of space as well?

Replying to

utxo the webmaster 🧑‍💻

I don't think of ordinals as spam, they are a bug and not how Bitcoin software was intended to work. And there's a difference between how something works and how it's used.

Use Bitcoin however you want to make transactions. But putting a picture on it isn't making a transaction, it's uploading arbitrary data, and paying less for blockspace through an exploit.

BottleTeams 2y ago

More money for the miners! To them they are a gift. Making more coin than ever.

Replying to

⚡tephen

#gm everyone.

Skipped coffee this morning as I was running a little late 😔

I am mentally worn out.

Always tired.

Not sure how much longer I'll be able to (t/f)ake this.

BottleTeams 2y ago

I think we're all over caffeinated and we think that is a normal state to be in.

Replying to

Laser

Elon replatforming Alex Jones takes the urgency off #Nostr for a bit, which is great because this space needs to time to mature before the masses can handle it.

BottleTeams 2y ago

The normies are a few years behind

Replying to

utxo the webmaster 🧑‍💻

Just paid $35 for a bag of coffee and two cartons of milk AMA

BottleTeams 2y ago

Inflation is well over 20%

Replying to

StackSats.IO

Hong Kong’s Hang Seng Index stock is now trading below its 1997 pre-Asian crisis level.

26 years of productivity wiped out.

BottleTeams 2y ago

Because it does not measure productivity it measures "productivity" and money printing.

Replying to

Moss

Will spam make the Bitcoin system sick, like a tumor? Just like many people are willing to spend a lot of money to eat junk food, and finally lead to a higher probability of cancer in the body. Nothing bad, just a worry. 😉

BottleTeams 2y ago

When spam becomes uneconomical spam stops. Higher fees for longer will solve that. Just giving money to good economic actors.

BottleTeams 2y ago

Projection straight into the veins. KYC'd internet is the next step.

https://youtu.be/DMAPyiW80ik?si=sWTGnIjCifeVc2sA

Replying to

BTC_P2P

Agreed. I think a mass “cyberattack” will be the vector when the CBDC is ready and they’ve inflated more of the debt away.

BottleTeams 2y ago

https://youtu.be/DMAPyiW80ik?si=sWTGnIjCifeVc2sA

Just on CNBC this morning. Clearly on a green screen/feeding prompts.

Replying to

BTC_P2P

Agreed. I think a mass “cyberattack” will be the vector when the CBDC is ready and they’ve inflated more of the debt away.

BottleTeams 2y ago

"Cyberattack" For sure 100%. Already projecting it. Disagree with CBDC but they will try to KYC the internet. "Well now we need to have internet IDs for everyone because -insert usual suspect country- is doing bad things".

Replying to

StackSats.IO

My great hope for Bitcoin (outside of the pure monetary fidelity it can provide) is that it leads to a revolution in nuclear technology adoption.

You could have a sovereign city with nuclear reactors and baseline Bitcoin mining on it - nation states won’t make much sense in that world which goes hand-in-hand with killing off fiat.

BottleTeams 2y ago

This should/would have been the natural course had we not gone so far off track in the 1970s. Think about the lost time / production. Where we could be now.

Replying to