The Beatles were only a band for 8 years. In bitcoin terms, that means they would have started in the 2016 cycle and be breaking up now. The sheer volume of quality output in that time is phenomenal when you consider they could only record analog. Just incredible. What is the most underrated Beatles song in your opinion?
#music
#nostrplebs
#grownostr
hot take: crowdsourced bitcoin donations via lightning will be the means to bring about a NOFX reunion in 6 years.
#music
#nostrplebs
#punk
#grownostr
#lightning
she surgically removes cancer for a living and knows nothing about bitcoin. i created a music service used by millions of ppl (trebel). i say ‘babe, let me handle our #bitcoin strategy’ and she does. keeper. ❤️
Being emotional is generally deemed a character flaw in the business world but as far as I’m concerned it’s the human attribute AI can least replicate. Shout out to the emo ones.
as wealthy ppl start allocating to btc, let’s assume they put in 1% of liquid assets to start. that means someone has to have a liquid net worth of $25M for a $250k allocation to btc, which at current prices gets them ~4 bitcoins. man. if you’re reading this you are likely so ahead of the game. i don’t see how most people catch up at this point. in the next 6 months i think we’re going to reach a point where one btc is out of reach for the majority of people. let alone 4.
watching strangers in cars orchestrate their way through a dead four way traffic signal in the wake of hurricane helene gives me more hope for unity than any political speech i’ve ever heard.
The fact that Primal only has 412 reviews on the App Store says everything you need to know about how early we are.
Estimated distribution of #bitcoin by addresses as of 9/18/24:
According to my therapist, you're going to lose everything you love a few more times in this life and the sooner you realize that the sooner you'll be happy (I know, this sounds like it was written by a bot but it wasn’t 😂).
#truth
#livegood
#love
#happy
#reallifebitcoin
#nostrplebs
what advice or learnings would you offer to someone with a btc node that is considering setting up a lightning node for the first time? did you have any hiccups when setting up your ln node initially?
great feedback. were you using umbrel? do you think another platform would have made a difference (excuse the stupid questions, still learning here)
Nostriches, I am genuinely curious (and be honest).
a. Do you run your own #bitcoin node?
b. If you run your own btc node, do you run your own #lightning node?
I will zap as many responses as I can given my interest in obtaining responses.
#introductions
#plebchain
#plebs
#nostrplebs
#p2p
Perhaps it’s just my perception, but can a bitcoiner who has been in the space longer than me tell me why Wei Dai is seemingly not mentioned more in bitcoin’s history the way Nick Szabo, nostr:npub1qg8j6gdwpxlntlxlkew7eu283wzx7hmj32esch42hntdpqdgrslqv024kw, Timothy May etc are? It would seem to me his/her contributions are on par with the best of them.
#asknostr
#bitcoin
#btc
#privacy
#freedom
#technology
#decentralization
The world will tell you America is failing. That is false. I still believe in the American dream, I’m just not buying it with US dollars. 🇺🇸
#freedom
#grownostr
#nostrplebs
#plebchain
If you think you’re immune to propaganda you don’t understand it. In my experience, that is more people than I’d like to admit. Speaking of propaganda, do you know the band Propagandhi? Big fan. You should check them out as it seems you’re into punk rock. Supporting Caste is an all time album as far as i’m concerned. #music #nostrmusic
Industrial music. Dig it. I listened to my share of Apoptygma Berzerk growing up. Another worthy band.
Chapter 2: The Evolution of Commodities as Money (Taylor’s Version)
1/ Throughout history, people have used everything from shells to salt as money. But these items didn’t last. Let’s explain why, using examples every #music fan can relate to:
2/ TAYLOR SWIFT BRACELETS 💫
Imagine a primitive society (like the one in Chapter 1) consisting only of Taylor Swift fans. Paper bills like the ones we walk around with today do not exist. Instead, these Swifties use bracelets as currency. At first, this works well. But then:
a) Verifiability: A rival #Swiftie tribe floods the market with fake beads, making it hard to tell what’s real.
b) Scarcity: Another nearby Swiftie tribe finds a stockpile of beads, doubling the bracelet supply and slashing the value of bracelets in half.
c) Durability: Beads are flimsy and break easily, so fans stop accepting them.
Swifties need a better form of money.
3/ ED SHEERAN GUITAR PICKS 🎸
Nearby, a community of Ed Sheeran fans uses limited-edition guitar picks as their currency. These are portable and scarce, which is promising, but there’s a catch:
a) Fungibility: Not all picks are the same—different colors, thicknesses, and designs make them hard to interchange without extra effort.
If all picks were identical, they’d flow smoothly like an Ed Sheeran song. But since they’re not, they eventually lose their value as money.
4/ PARAMORE T-SHIRTS 👕
Meanwhile, Paramore fans use band t-shirts as currency. These shirts are recognizable and portable, but here’s why they fall short:
a) Durability: Shirts fade, rip, and wear out over time. Money needs to hold up!
b) Scarcity: They can be mass-produced. Too many shirts? Their value tanks.
c) Divisibility: You can’t exactly rip a t-shirt in half to make change.
Paramore fans soon find their t-shirts don’t make great money, either.
5/ THE BIG TAKEAWAY:
Bracelets, picks, and t-shirts represent the grains, feathers, and tobacco that people once used as money in the real world. Each had its day but eventually failed because they didn’t meet all the essential attributes of good money.
6/ So what would be a great currency in our music fan world? We’ll explore that in the next chapter. For a deeper dive into this subject and more, check out the book “Broken Money” by nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a here: https://shorturl.at/Np60a
#grownostr
#nostrplebs
#plebchain
#musicstr
#money
#brokenmoney
#music
#newbie
#bitcoin
#taylorwift
#technology
#swifties
#art
#finance
#nostrmusic
#plebs
#hodl
nostr:note18xenev5kpjvp32gd8wp83d2kxd6cpuhvl2ukryu9e467e5wtaz9qpqsun4
hmmm. should be pretty straightforward if you’re using primal’s wallet.
