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Marty Bent
472f440f29ef996e92a186b8d320ff180c855903882e59d50de1b8bd5669301e
Founder of @TFTC, co-host of Rabbit Hole Recap, Managing Partner at Ten31

The most pernicious aspect of this system, and what makes it possible to define as a form of slavery, is that no one opts in to treasury auctions. Americans aren't asked whether or not they're okay with the Treasury issuing more debt in their names.

https://tftc.io/martys-bent/issue-1322-debt-slavery-via-treasuries/

Government bonds are slavery contracts.

Guys ngl I don’t think I’m going to make it to block 777,777 awake.

Feels good having many different avenues for sats flows as a content producer and business owner. Stacked well over 1m sats this week via Podcasting 2.0, paywalled Bents, mining and zaps here on Nostr.

I sat down with @myles_snider this morning to discuss what we’re seeing on Nostr, how clients and paid relays may evolve, why people under appreciate the Lightning Network, inscriptions, Kollider.xyz, and the bad incentives that exist in the world of tokenomics.

The conclusion of the conversation was that “Web 3.0” is being built by combining open protocols with the best open monetary system on the planet; bitcoin.

Must listen rip. Most fun I’ve had in awhile on the show.

https://tftc.io/tftc-podcast/397-nostr/

Can someone turn on a few EH of miners right now so I don't have to stay up late to catch block 777,777. Thanks.

The rapid rise of inscriptions in the chain as sparked a lot of controversy as many deem this type of use of block space as a waste of valuable resources that is unnecessarily increasing the size of the chain.

While I may not find the data that is being inscribed in the chain (mainly NFTs) particularly interesting and tend to think of it as pretty cheesy and/or not data that needs to be stored on the bitcoin ledger, it does not matter.

The decision to activate SegWit, which increased the block size limit to 4MB, coupled with the decision to activate Taproot, which made it cheaper to create certain transactions, made all of this possible. And because of this we now live in a world where people are taking advantage of what is possible with bitcoin. Like it or not, you have to live with it unless future consensus dictates a change that makes these things not possible anymore.

https://tftc.io/martys-bent/issue-1321-inscriptions-and-the-chain-state/

The annualized growth rate of bitcoin's chain state jumped from ~15% to ~28% over the last three weeks as inscription fever took off.

It will be interesting to see if the pace of chain state growth keeps up and what that means for the ability of people to run nodes in the future. Luckily, bandwidth is getting cheaper and high speed internet access is increasing, but it's hard to say what the long-term ramifications of 4MB blocks will be on the distribution of the network.

Now trying out nostrgram.co!

Trying out iris.to for the first time. My favorite web client so far.

Zaps going parabolic. How long will this trend continue?

https://void.cat/d/Lor9rPVvcDmY7X9uJbFjVj.webp

Feels like Nostr is a black swan that the entire tech sector was not expecting. Walled garden platforms are going to be a thing of the past by the end of the decade.

It’s hard to change Ghost files until we self host.

Nostr goals for the next 6 months.

- Verify my identity using TFTC.io

- Set up a beefy paid relay

- Start syndicating the newsletter and podcast directly to Nostr

- See if we can integrate Scrib’s wallet selection with Nostr clients