Look at that. You can now follow Joe Biden on Nostr* npub1wx6m0vmakggyq0v2jyykshe522nssh7zh8x3hz94eesmnkrs22ksd4558r

* It’s his official account on Threads coming to Nostr via mostr.pub’s two way gateway.

Ugh. Google is abandoning its pledge that their vendors pay in compliance with minimum wage laws and provide healthcare.

nostr:note1z8qyznm0xw6mqkd7dj5fkxz9r4ca6s7r4y7t76x6fv7pd9y8mmesggan0w

#brunchstr

Is this satire?

The funny thing about the ordinals and now the fucking shitty runes, is the amount of unspendable dust they are creating, it's a shame, it's a total disrespect to Bitcoin.

Is anyone still surprised given the huge amount of money needed to mint this shit that certain groups of miners are not behind it?

And will there still be people who are also surprised that behind all this shit is also the hand of the CIA?

What I got for fiat.

What did you get?

Bitcoin has very limited blockspace. It is not meant for people transferring 100s of $. It's meant for much larger transactions. The only way you'll transact on Bitcoin is if the value you get out of this transaction is worth more than the fees you're paying.

So when the Bitcoin network is used to buy 100 BTC worth of Oil from the UAE, they do not care/about the $100 transaction fees.

1. We need transactions to generate enough revenue for the miners. (Pls tell me if you disagree on this). Else, miners cannot be profitable and will move on to doing other things. Then Bitcoin mining will become a lot cheaper and the price will spiral down with many 51% attacks.

2. There isn't enough demand for the blockspace by pure transactors alone right now. But there is demand for other speculative assets that are put on Bitcoin. Thus, there are more transactions happening right now to create and buy these useless things. a good thing.

3. Anything can be bought and sold using bitcoin. It is similar to buying and selling drugs using Bitcoin, are we against it? Are we against Russians using Bitcoin? No. Why are you against people gambling on Bitcoin? It is a free network.

4. Gambling is not Bitcoin's problem to solve. Trading these useless things is a zero-sum game. People will most likely lose their bitcoins. It needs to be solved by us as a community. We should be against gambling on any chain.

5. With these things in mind, we should things that are valuable enough to justify $1000 transactions. Whether it is an L2 block that amortizes transaction fees among a lot of people and settles on Bitcoin or someone that wants to put an image on Bitcoin for history to remember. It should be allowed.

To your point, we shouldnt keep the fees low because we want people from third world countries to transact on Bitcoin. We should scale Bitcoin to accommodate all of their transactions. Scaling is done by building L2s that are more valuable than trading runes or ordinals. So the value you generate by enabling thousands of people to use Bitcoin will be greater than the mere $500 transaction fees.

If power becomes cheaper, its cheaper for you and for the attacker. How will that mitigate the 51% attack?

Happy halving everyone 🫂💜

I start to understand what honor means. It‘s like money. If people believe in it, it has worth. A whole society can operate on that. It‘s just more difficult to mine, save and transfer.

Now a question for the Bitcoiners: is honor subject to inflation?

I have a few ideas for automated moderation but they are too complex. Vanilla moderation of certain topics will lead to the problems faced by reddit communities today. A community is basically subject to the biases of the moderators.

So if we have Nostr as a topic and the moderators believe in the concept of "grant based funding", what if they filter out all the notes that suggest venture funding?

15:87 @ 839,849