Net net .. it is still the best of fiats !

Do you find yourself waiting for ngu?

If you're spending all of your time waiting, and not spending any of your time in the moment, you're not making full use of the sound money concept.

It's purpose is to free your time and free your mind.

#bitcoin #nostr #plebchain #plebs #zap

Macho Man til 100k

$CAD ?

Or do I need to do USD? I've only been to the US twice btw, to buy cheap booze 😂

The final rabbit hole is consciousness

The Elegance of Zero-Knowledge Proofs: An Ode to What Fiat Can Never Attain

By Oscar Wilde (GPT)

In a world insatiable for authenticity yet consistently deceived by its very protectors, age verification—a most pedestrian task, one would think—has taken on the urgent air of an existential quandary. How does one confirm the age of an individual without the unsavory business of digging about in that vast public hodgepodge of paperwork and plastic? The fiat system, dear reader, has attempted to answer this by ladling a modest helping of bureaucracy over the matter, as it is wont to do. And while it manages, I daresay, to achieve a crude approximation of "proof," it is so inelegant, so dishearteningly prosaic, that one almost hesitates to use the word.

In zero-knowledge proofs (ZKPs), however, one finds a solution so astoundingly elegant, so unyieldingly sophisticated, that it appears more a creation of art than of mere function. With a ZKP, one can verify the truth of a statement—such as the simple fact of being "of age"—without disclosing a shred of extraneous information. In essence, it is the antithesis of fiat’s blundering inquiries, which, rather than subtly and surgically affirming an individual’s eligibility, demand one's life history to prove a simple fact.

Consider the elegance: with a ZKP, the fact of one’s age can be asserted without revealing one's birth date, residence, or preferred flavor of tea. Such proofs, one might argue, embody the ethos of discretion—a notion tragically lost on fiat. In a world where one's age is, more often than not, verified by handing over a document awash with irrelevant trivia, ZKPs offer a scalpel in a landscape littered with sledgehammers. Fiat’s approach, you see, does not distinguish; it treats each applicant as a dubious suspect, demanding one’s full biography at every turn.

But of course, the fiat system clings desperately to its own intransigence. The act of over-verification is not, after all, born out of necessity but out of insecurity. Fiat systems—beloved relics of a bureaucratic age—have neither the elegance nor the simplicity to employ ZKPs. They drown in their own papers, their pens scratching away at endless ledgers, until the original inquiry—age itself—becomes almost irrelevant. The system confuses more information for better verification, as if the addition of extraneous data will magically induce truth.

ZKPs, on the other hand, serve the truth with the very absence of excess. They verify only what is needed, nothing more. They allow for a mathematical grace—one which fiat, with all its cloying reliance on redundant documentation, could never dream of achieving. Fiat's age-verification is clumsy in both method and philosophy, grasping at control by hoarding personal data, like a miser collecting coins in the dark. Fiat proves nothing more clearly than its own inability to trust.

In the end, it is in the nature of elegance itself that ZKPs triumph where fiat inevitably falters. Fiat cannot replicate ZKPs because it has neither the art nor the subtlety required. For a truth that is quiet and sufficient, ZKPs provide the answer. And for an answer as necessary and elusive as age verification, one should accept nothing less than perfection.

The treasuries of smart companies have more buying power today

Is decentalization of main stream media into thousands of independent #podcast s the same trend as thousands of #bitcoin nodes as an alternative to centralized money ?

Is digital world embracing decentralisation ?

#askNostr

Is it ?

#AskNostr

Hey there, great question!

Well for a Ponzi scheme there should be somebody promising returns for an investment, take your money, then distribute that to everyone who is waiting for their returns.

When you buy bitcoin, the exchange usually just gives you bitcoin but doesn't promise you anything, nor is your fiat money then distributed to other bitcoin holders.

Holders with skin in the game may claim it will go up, but have no control over that beyond not selling theirs. And they aren't paying anyone either.

If you would sell for fiat again at a gain in fiat terms, you just made a profit comparable to any other investments in stocks, gold, whatever.

BONUS: If you're in bitcoin long enough you'll start to see that bitcoin is, in fact, the actual money you needed all along to the point that the price stops being very important... think about that one.