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Tom Honzik
583c2f286a41e85e61c9d8ea09e4e95e98a144f8503e0bec0f29c150058ca6df
bitcoin educator at unchained.com

running MutinyWallet

the "for you" tab of twitter is every bit as dangerous and repulsive as the global messages on nostr

Why hasn’t a car company tried to manufacture a car with the bare minimum features (seats, wheels, steering, A/C, etc) and none of the fancy spaceship Bluetooth controls, and then sell it for a much lower price than all competitors?

Currently the only way to get something simple, affordable and easily fixable is to buy an old used vehicle. It seems like a car company could easy corner the market on new, low cost automobiles. Yet none of them have, for years on end. Why?

Why do I only see posts from like 3 or 4 of the people I’m following in my Damus feed? Seems to work fine in other interfaces like Primal

That sounds like a method of Marxist redistribution. Are you sure it would be great, or describe a perfect world?

I think most people I talk to (including this woman) do not hold the belief that wealth inequality is inherently bad.

The only environment without wealth inequality would be one with wealth equality, and it's easy for most people to see the implications of why that would be a far worse situation.

Therefore, I think most of the people that are "bothered by wealth inequality" are actually bothered by the association of wealth inequality with a system where the rich get richer and the poor get poorer in perpetuity. Basically, PoS or the fiat system.

It's hard for them to imagine a situation where the rich do not become richer simply because they are rich to begin with, because that's the system they've always lived in.

Yesterday I had a conversation with a precoiner who was concerned that the bitcoin supply was too concentrated in the hands of a few people.

I explained that there is a trend toward distribution, but I think I should have asked her why the concentration bothered her in the first place.

If one person has a large portion of the bitcoin supply, they only have two main options:

-Lower their portion, by distributing the coins to others

-Keep holding, in which case the supply for everyone else is further restricted (it’s similar to if the coins were lost)

Maybe the concentration concern comes from a fiat/PoS mindset, that those with the most money can use their wealth to perpetually generate more money for themselves.

With PoW and a supply limit, this is no longer the case. To get more money, someone has to do work and provide value.

Perhaps it isn’t wealth inequality itself that bothers people, as much as it is the corrupted system surrounding it. And people have a hard time disassociating the two, because of the system we live in.

Verifying my Nostr Nests identity: kT5oZJ45DmbRa0kt0Dzr7rhM5tioZTO_MGDwjnTUT8M

https://nostrnests.com

restarting an effort to use nostr more, rather than twitter.

phil ban was tough. now a bunch of visual restrictions. smh

finally got around to NIP05 verification today. that was easy.

Hmm, primal.net does seem pretty fast. Optimistic this will help me use Nostr more.

It surprises me, the number of people who seem to think that the State going after bitcoin is to defend retail investors, rather than to defend the State itself.

Does anyone have a blockchain search query that can help me find the first-ever P2SH transaction? BIP 16 (post March 2016) not BIP 13. I can't find this information anywhere! I think it occurred around April 7 or 8 but that's the best I got....