Subnostr

Replying to

Minnaar

That 3 lb mass between your ears is worth more than all 21,000,000 bitcoin. Don't you think?

#bitcoin

Modus 2y ago

I think therefore I am Bitcoin

Replying to

Minnaar

“Abundance” No. 2455

30″ x 22″ India Ink on paper

Available at StevenMinnaar.com

Formless Substance

There is a formless substance from which all things are made, and which, in its original state, permeates, penetrates, and fills the interspaces of the universe.

Man can form things in his thought, and – by impressing his thought upon formless substance – can cause the thing he thinks about to be created.

The Art of Abundance

A Minnaar painting in your life is a reminder of this formless substance and the infinite opportunity that it provides us. By shaping this formless substance with our thoughts and actions we can create our perfect life.

View The Collection

You can view my art at StevenMinnaar.com.

Purchase a Minnaar

You can purchase Minnaars that are marked with the “available” tag.

Price

1 Minnaar = 1 oz. Gold (or the USD/BTC equivalent). Fractional Minnaars can be purchased for their fractional equivalent.

Contact me to for payment instructions once you have selected the Minnaars that you would like to own.

Authenticity

Each Minnaar comes with a Token of Authenticity.

Hidden Treasure

Each Minnaar comes with 24 words that will unlock the Bitcoin Treasure when arranged in the right combination.

Minnaar Exchange

You can trade your Minnaar for any other Minnaar that I have available now or in the future.

#art

#bitcoin

#plebchain

Modus 2y ago

Attack of the cricket monster

Replying to

MAHDOOD

nostr:npub123luchr7v4070jpa5k5p9e3n9u9yw7wg0065pk88tf8dh0ekle9qmthkcn

Modus 2y ago

🙏

Replying to

Jason the Original

🍆

Modus 2y ago

Replying to

Gigi

Turns out that "Chess" is one of the other stuffs.

nostr:nevent1qqswnfzl3xufuuexfdxv9dpddmsw856v7hh0tt4vc7ldwarc8v4ux3qpzpmhxue69uhkummnw3ezuamfdejsygx8aknxpf4usfc9xr5zkjnhz2kdaghrrhq22mude926cqy7lktuscpsgqqqqqqskfd2z6

Modus 2y ago

NOMSTR

Notes, moves, observations, and sundries transmitted by relays.

Replying to

Riverside Bitcoin

Next meetup September 9, 2024 at Back to The Grind in Downtown Riverside.

Modus 2y ago

What time?

Replying to

Riverside Bitcoin

Next meetup September 9, 2024 at Back to The Grind in Downtown Riverside.

Modus 2y ago

2024? 😁

Replying to

JoySun

The breeze feels like fall a little bit. And it's really nice.

#enjoystr

Modus 2y ago

I ❤️ fall

Replying to

DETERMINISTIC OPTIMISM 🌞

It's too early to be cranky here, enjoy the early days. Support the ppl who write code. Bitch less. Keep vibes up. This is still young and fragile. 🫂✌️

Modus 2y ago

🤙

nostr:nevent1qqs8sh4rkp4yjn3x67mp378725387gmwqlg44h8d97heusr9e4z3g3cpzfmhxue69uhk7enxvd5xz6tw9ec82cszyr5g56g7nrveslykg5salasqyhmqwqph3fy8jxqdewa555p8s5zpzqcyqqqqqqgw6zhgz

Replying to

Llyr Noise

Re-watching LOST after 20 years. Still very cool. I really like everything that Damon Lindelof have done.

Modus 2y ago

Replying to

BTC Piano Tuner 🎹⚡️⛏

Is having #bitcoin in a Coinbase wallet self custody? Not in the exchange, but in the wallet on Coinbase.

My neighbor wants to know. Feel free to explain. Thanks!

Modus 2y ago

On their website it says it is self-custody, but I personally would not trust it. Coinbase very likely has access to the keys.

The most difficult way to address this question is to figure out whether Coinbase can be trusted - is the wallet closed source, is there anything in the fine print that says they can take your money, etc

The easy way is to download an open source app like Blue Wallet or Muun and move the funds over there. (If it's a lot of money then a hardware wallet is ideal. You can get a trezor for about $50.)

Replying to

Vlad, Bitcoin Takeover Podcast

The debate about Drivechains is mode political than it is technical.

In practice, every sane bitcoiner wants real sidechains to provide privacy, scalability, speed, more advanced scripting languages, and the opportunity for everyone around the world to own a UTXO and self-custody it in cold storage.

A Zcash sidechain would contribute towards fungibility. A big block sidechain can be used to open and close Lightning channels at the lowest price. An Ethereum sidechain can attract some projects that want to port their code to a more secure Proof of Work chain.

Lots of shitcoins would lose their purpose and get drained of use cases. The exchanges would no longer act as scaling layers to the same degree, as the users won’t have to worry about high fees for their withdrawals.

The 21 million BTC limit also remains unchanged forever, as the fees coming from sidechains would cover the security budget. No more discussions about tail emmission or inflation.

But the issue is that miners refeivr godlike powers in these sidechains and can potentially refuse to release the funds to users or else steal. According to the game theory, miners should follow the economic rationale that maintains their reputation and keeps their revenue source flowing.

But it’s hard to have guarantees when you deal with dynamic actors that follow their incentives and might think short-term.

Lots of parties don’t want miners to gain even more power/control. But the issue is not shitcoinery, that’s only the lazy deflection which doesn’t excuse anyone from not reading.

Modus 2y ago

"Lots of shitcoins would lose their purpose..."

Their purpose is seignorage, first and foremost. Drivechains do not fix this.

Replying to

Corey San Diego

Just had a very strong, nostalgiac response to a guy playing clarinet in the park on our walk. It wasn't a known song like Amazing Grace, or a fun genre like Dixieland. Dude was playing scales. Like I used to warm up with in highschool and college. I very quickly felt like I was with fellow band geeks, rehearsing for an important performance. Didnt realize how much I missed those days. Or... not miss but fondly remember. I dont regret selling my trombone in 2006 to some who would actually use it. I could go on, it was just an unexpected but pleasant couple of minutes.

Modus 2y ago

Actual human here.

I had some moments of musical nostalgia recently while listening to Fleetwood Mac, which my mom used to listen to when I was a kid.

P.S. "The Chain" is a banger.

Replying to

jimmysong

The Case for a Chain Split

The debate surrounding drivechains has been heating up, with proponents employing various tactics to garner support. This divisive issue echoes previous disputes in the Bitcoin community, such as the 2017 block size controversy. As such, we should consider what was then the definitive resolution: a chain split.

A significant portion of the Bitcoin community rejects drivechains, effectively blocking its implementation via a soft fork. Bitcoin's voluntary nature makes it resistant to hostile takeovers, despite claims that miners could force the change. Disagree with that last statement? Then let's put that to the test. We can resolve this posturing and propaganda by forking the code.

Here's how it would work: Code implementing drivechains would be released. Those who support the proposal can run this code. A transaction that goes against drivechain rules but adheres to pre-drivechain rules will trigger a chain split. Those running the drivechain software wouldn't be doing anything, but nodes that aren't can reject the drivechain chain by using the "invalidateblock" command. The result will be two distinct Bitcoins: one with drivechains and one without.

This approach was resolved the conflict we had in August 2017, when Bitcoin Cash split off from Bitcoin. Similarly, proponents and opponents of drivechains can either hold or sell their respective Bitcoins post-split. This would be a real-world test of control and game theory within the network.

I advocate for this split not just for potential profits, but also because it's a peaceful solution. It would let us see in real time how convicted the drivechain people are. Will drivechain miners support it if it means mining at a loss? A chain split would serve as a critical learning opportunity for the community, providing a clear answer to the ongoing debate. Ultimately, this will strengthen Bitcoin by showing the market how hard it is to change its properties.

So bring it on! Fork or shut up.