Avatar
Dr. Bitcoin, MD
4f4f82846698ff66ae5fa9fad4c0c4eb7823afb07fa9f54ea9d15f1217ae96cc
Bitcoin OG since 2010, former laptop solo miner, blockstream satellite node runner, #2A rights user, radiologist

It’s really stupid how people keep being interested to n UFO’s/UAP.

I mean, how dumb can people be? If you keep pestering the government for info/data on unidentified stuff in the sky, don’t be surprised when all you get is vague and ambiguous results.

That’s all hogwash. Stupid. A waste of time.

Rather, I’m interested in the aircraft the government has _identified as alien_. Why is nobody asking for that data?

Agreed but this isn’t so much about bitcoin as it is about how we use bitcoin.

I’ve lost track of how many guns I own.

Looking forward to nostr:npub167n5w6cj2wseqtmk26zllc7n28uv9c4vw28k2kht206vnghe5a7stgzu3r in June.

While stacking sats is crucial, every once in a while it’s good to experience what this world has to offer and meet new people…

Good point. I’m arriving a few days early. I’m so used to stacking sats that finding nice things is a little foreign to me. I’m looking for something in/near Prague 1.

Replying to Avatar Mandrik

Ever wonder what it was like working for a Bitcoin company in the early days? Did you know users back then were part crazy, part generous?

I started working at BitInstant late 2012, which allowed people to buy Bitcoin with cash. In the fall of 2013, I joined Blockchain(dot)info (BCI). The early days at BCI is what I want to focus on here.

BCI was the biggest non-custodial web wallet & the most used block explorer. I wore many hats as the first employee, but my main job was handling the support tickets.

My first day at BCI was chaos. I logged into Zendesk and saw THOUSANDS of tickets as old as January 2013. There was one guy, Ben Reeves, doing everything since inception. Support wasn't the highest priority.

After initially feeling overwhelmed, I decided to clean things up. I closed all tickets older than a few weeks, and included a message apologizing for the lack of response. I assured people this would no longer be the norm, and to open a new ticket if their issue was ongoing.

I had free reign over my job, and became obsessed with making sure users received help in a reasonable amount of time. It started as a goal to respond within 24 hours of a new ticket, which turned into 12 hours. Within a few months, the average response time was down to 2-4 hours, only because I had to sleep at some point! 😂

I didn't realize how little I knew about Bitcoin until I had to answer tickets about the Bitcoin network itself. After all, we weren't just a web wallet, but a block explorer! I spent many late nights digging around on BitcoinTalk, trying to learn more, so I could help users with their questions. Learning about Bitcoin back then wasn't impossible, but it wasn't easy.

Many early users were shocked to receive a response to their questions. To hear back so quickly was unheard of. There were many Bitcoin projects back then, but most didn't have dedicated support staff. If you received a response, it would be from the founder or some other developer. These guys didn't have the resources to tackle support, especially in a timely manner.

I quickly learned about the generosity of bitcoiners. Many users requested a btc address from me so they could send a tip for the help provided. Even when I told them it was unnecessary, as I was a paid employee, they insisted on tipping.

Many of these users were nuts. 😂 Here's an example that didn't happen frequently, but it happened:

A user opens a ticket during the time I'm actively watching the queue. I see it come in, respond within minutes with a solution, and he insists on tipping. I'm like, "Bro it's cool, don't sweat it," but this madlad won't leave me alone until he tips me.

I look at my tip jar - 0.5 BTC, which is worth a few hundred USD at the time. WTF, ARE YOU INSANE?! 🤯

Part of this generous attitude was about saying thank you, but I believe a bigger part was about the early proliferation of Bitcoin.

We preach the HODL mentality today, but Bitcoin wouldn't be what it is without the generosity of early adopters. So many bitcoins were given out freely so people could learn about it firsthand.

I believe many of the tips I received were from people who, at one point, also received free btc. It felt wrong to HODL these tips, so I paid it forward. I purchased work related items so I could do my job better. I tipped people on Reddit. I donated towards bitcoin-backed fundraisers, including when Andreas fundraised for Dorian Nakamoto. I did everything I could to keep that spirit of giving alive.

The landscape today has changed, but that spirit of generosity lives on. The best example is zapping on Nostr, where people are tipping each other via LN for posts and comments. It's beautiful to see!

Thank you, early adopters, for your generosity. You're a big part of why Bitcoin is what it is today. 🧡

Be kind, be generous, and be a little crazy. 😄

Yes indeed! I never worked in bitcoin, but the early days people would put their address in the sig field of their bitcointalk posts and clever or helpful posts would get tips. Definitely helped get people who would become influential to have a stake in the game.

Is there a way to link Muun wallet to Damus for receiving zaps? Have an old phone with wallet of satoshi that receives my zaps but I don’t know how to redirect it.

Wow, good point. I have some etf btc in a Roth 401k account from a long time ago. Maybe someday it’ll be there when I’m forced to withdraw.

Replying to Avatar 2Pac

🤣

It reads very much like herpes and trismus, both of which are not fun to have.

So normally you’d want to invest money before taxes and pay tax when you sell the investment (think Roth 401k). Why? Because there are things like dividends or interest that make value grow exponentially over time.

So, if you had the chance to invest $4 pretax and get a return of 5 doublings (x32) and then pay 50% tax, you’d have $512.

But if you paid 50% tax first, you’d have $16.

Case closed, right?

Well for bitcoin the math isn’t similar. While value of each bitcoin might grow exponentially, it doesn’t matter whether you give up half your coins at the beginning or end.

Example: you have pretax dollars and buy 1 bitcoin. Price goes up x32 and then you retire and pay 50% tax. You have 0.5 bitcoin, or 16x initial investment. But if you paid tax first, you’d only have enough for 0.5 bitcoin and you’d still end up at 16x initial dollar investment.

I think this is somehow far more important than people realize.

Exactly. I got my fleet of p320s, p229s, 1911s, glocks, and a 2011 before they made the precursor parts “illegal” by executive decree. This rule change and accompanying prison sentence probably applies to you but doesn’t apply to me because of the organizations I’m a member of…the rule change has been preliminarily thrown out while awaiting full litigation, but only as applied to the members in the lawsuit. Basically, you have to join a “lawfare defense club” like gun owners of America, firearms policy coalition, second amendment foundation, etc to enjoy your rights while courts delay justice for years and years, sometimes decades.

I’ve hunted, gutted, and butchered a few animals…enough to appreciate the life that I’m eating. There’s nothing happy about an animal dying for food.

I eat only meat. I’m not “pro killing animals,” rather I think everyone should recognize how truly valuable meat is and never waste it.