one has to imagine that everyday at NASA at noon someone says “Houston, we are a go lunch!”

and then people high five.

Inflation is an insidious instrument used by unelected ‘Fed Reserve’ banker families and a rotating door of unaccountable politicians that haven’t balanced a budget in decades.

nostr:note165kgzkcnytfytmvxypzx23z7mt3s4tmhfwv7sdy2fyy6q0r8649sryug7v

Where would we be if we could take all the advice we so passionately give our dearest people?

I was very excited for the last halving but tbh couldn’t give two fucks about it now.

Sure, it’s proof that Bitcoin is working as designed, but, I mean, that is also the case approximately every 10 minutes.

is “post woke” a thing?

Yes, but not evenly distributed yet.

I’m talking about the parts of our thinking that we wouldn’t want to stand behind. Not every thing that crosses our mind deserves to be delivered – psychopaths lack that knowledge. Even with just ourselves there’s a need for questioning and filtering.

I learned from him that the wish to tell someone *absolutely* everything is both beautiful and ultimately utopian in a problematic way. We all have within us ambivalences, doubts, unfair thoughts that could cause irrevocable damage if shared. At least in love (of all forms) and relationships that matter to us, we wouldn’t want to rub the other person constantly up against the most troubling sides of our psyche, hence the need to edit. Not to be untruthful or deceitful, but to give the better gift of a thoughtful, lovingly edited version of our thoughts.

As wonderful as we might think it would be, “we should hope that we don’t meet the fullest version of each other all the time”. Caring about someone comes with the role of lightly editing ourselves out of love.

Now if you don’t care about the person or the relationship or being kind for the sake of being kind, might as well not spend your time there at all. 🤷🏻‍♀️

Yes I agree, transparency is vulnerability and there are many who would leverage that power over you. Be cautious who you give that too. Privacy isn't secrecy.

Honesty is a precious gift, only give it to those who have earned it from you.

If you attempt to help those who are not willing to listen, they will turn around and attack you.

Depends on the root of your honesty. Is it for their benefit or yours? Is your truth objective or subjective?

Telling uncomfortable truths is a choice and does not always serve good. We are not simply logical beings but also emotional and spiritual.

Certainly telling a happy burning person they are on fire is for their benefit.

Alternatively, informing a confident stupid person who believes themself smart would be more for your benefit than theirs.

Informing a person that their child was sired by another man may be perceived by you to be of benefit, but a family can be destroyed and the acting father may lose a sense of connection with the child in the aftermath.

i often feel like i'm too honest with people and i'd be better off staying quiet

"Dad, what did you do when it was 24 hours before the 4th Halving and bitcoin was $63k?"

#bitcoin #dadstr

Finally doing sparrings again… after such a long break. Hope I won’t throw up immediately 😂

*The Rare Sat Lie*

Let's start with some facts.

You cannot own a satoshi (sat). You can only own a utxo, who's value is measured in sats. Just like you cannot own a "kilogram" but you can own something which weights a kilogram.

The idea that a sat can be rare is a lie, since sats don't exist.

A utxo also cannot be sold, because as soon as it is spent, a completely new utxo is created, and the creation of this new utxo makes the previous utxo (which you wanted to sell) spent. To act of spending "an unspent transaction output" (UTXO) transforms it into something fundamentally different, a "spent transaction output" (STXO) and creates a new UTXO.

The idea that a utxo can be sold is a lie, since even utxos cannot be sold.

The idea that a rare sat from a "special" utxo can be bought is thus a double lie.

*Rare Sat Sophistry*

The conmen, the useful idiots and the otherwise honest but contrarian pundits will rationalize the spreading of the "Rare Sat Lie" with sophistry and appeals to libertarian morality such as "it's a free market, people can believe whatever they want and waste their money however they wish".

Of course, this line of reasoning is meant to create strawmen arguments so that every person that is righteously indignated at the spreading of these lies can be painted as being opposed to the concept of individual freedon itself, which immediately places the TruthSeeker's outrage outside of the Overton Window (and subject to ridicule).

Let us dispell the strawman argument.

The "market" (a small niche of degenerate gamblers) can want whatever it wants, yes. But it till cannot change the reality that individual satoshis (sats) do not exist as "things" or virtual objects. This reality is not subjective.

The sophists will also rationalize that "it cannot be stopped" and thus all you can do is "cry harder" (ironic eh?) and that any and all attempts to combat the lies are futile (at best) or stupid.

It may be true all the truthseeker can do is cry and shout, but it is also true that to combat the spreading of such lies is a virtuous and noble pursuit. And it is also true that the direct result of the shouting can be to save a victim from otherwise being conned. Which is, we would all agree I hope, a moral good, if not a moral imperative.

People are free to spread the lie that such things ("rare" "sats") are real, and fraudulently sell utxos of low value presented as "rare" "sats" for utxos of higher value, but to do so by exploiting the ignorance of people and confusion around the complex technology of Bitcoin is evil according to nearly almost moral code that ancient and modern civilizations have produced.

I am the last person that would deny someone the right to be evil. But I believe if you see a fraud and you don't call out the fraud then you too are a fraud.

So, the strawman is really just straw.

*The Rare Sat Con*

Beyond it being morally bad to spread lies generally, the spreading of the lie also occurs within the context of textbook confidence trick.

Confidence tricks involve :

- the mark: the victims whose money is to be acquired fraudulently

- the roper: reels in the mark via exposure and marketing, peaking the curiosity of the mark (i.e. a conference or media organization)

- the inside man: provides a venue for the con to take place, or supplies goods and services used in the context of the scam (a mining pool or a marketplace)

- the conman: gains the confidence of the mark extracts the money (the seller of a rare sat)

- the convincer: an acolyte of the conman which gives a taste of the profits to the mark either by investing in the mark, or showing off his profits to the mark (a fellow rare sat trader)

The conman and the convincer can interchange roles. For example, conmen and convincers can publicly con each other repeatedly and alternatively, with gains and losses which compensate, with the tacit understanding that the goal is really to gain the confidence of a mark from which both convincer and conman can extract money from.

Everyone except benefits in this zero sum game, except obviously the mark.

In the end, the mark was never forced to give up his money. He willingly parted ways with his funds, deceived by the confidence trick.

Selling "rare sats" for utxos of higher sat value is without doubt a confidence trick.

I will let it up to your imagination who you think plays which role in the rare sat con.

gm everyone trying to get transactions done before the mempool shitshow begins

I just realized I’ve owned bitcoin for a bit over 7 years now.

It doesn’t feel like it’s been that long, until I remember…

• It was the middle of the blocksize war, bcash didn’t exist yet.

• The only coins sold on Coinbase were Bitcoin, Litecoin, and Ethereum.

• Swan, River, and Strike didn’t exist; CashApp didn’t sell Bitcoin.

• No SegWit, no Lightning Network.

• Peter Schiff was posting the exact same disproven nonsense he is today.