GM! ☕ 😎

No more fucking around. No more sitting on the sideline. I will fight any of you fucks to the death.

Pineapple does belong on pizza. 😂

Desk job finished for the week. Down to the wood shed away from it all. Early autumn nip in the air. Bitcoin podcasts streaming in the background. This is my perfect fucking life rn.

Kinda sad to see accounts who use to post a lot on here not posting anymore 😢

Make Nostr active again!!

why a plastic bucket

Which do you like more?

- Faded Satoshi

- Full Satoshi

Good morning Nostr 🌞☕

Just cut the new TEA TREE TALLOW this morning. This is so beautiful to me! 😍

Perfecting your craft is part of the Bitcoin ethos. Create, build, repeat. 💪🫂

It's a laughable claim. My investment in Citrea is a rounding error relative to my BTC. Harming Bitcoin in order to help Citrea would be an insane decision on my part.

The idea that America is going to be economically self-sufficient is as ludicrous as these "homestead" guys who think they're going to live off in a cabin in the woods and be self-sufficient.

That's great until your kid gets sick, or your computer fails... oh what, you didn't build an entire TSMC foundry into your cabin? Too bad, guess you're going to have to re-engage with the economy.

This is a *feature* not a *bug.* We can't grow coffee in America, we can't grow Avocados. But we have money, and other countries do that much better, so trade is "win-win."

"No hope of improvement" what? This isn't some high school report card. Manufacturing jobs aren't coming back to America, outside of certain highly bespoke "artisinal" products. Like Teslas.

Saifedean

Gm,

Hope everyone has/had a good poop this morning

The other day on Twitter/X, I paid out a 2,100,000 sat or $1,700 USD Lightning bounty.

Over the past couple years, I’ve offered an occasional challenge on Twitter/X.

When people tell me Lightning doesn’t work, I often ask them in random comments for their Lightning details so I can pay them in the next 5-10 minutes on the spot, permissionlessly, wherever they are, with this payment method that supposedly doesn’t work.

Every single time, they can’t do it. Because they haven’t even tried it. They’re just talking. I’ve done this a ton of times and nobody ever takes the sizable sat offerings.

In Dan Held’s anti-Nostr thread, Mark Jeffrey was critical of Lightning.

Unlike most who I offer the challenge to as 99% sure they won’t take it, I offered it to Mark despite knowing he had a much higher probability of accepting it, since he’s tech savvy and active in the broad crypto space. But in my view, if he accepts, then that’s also evidence on the spot that it works.

He declined my 21,000 sat offer and politely still talked anti-Lightning.

So, I said since I like him, I’d up it to 210,000 sats. He still declined and talked more anti-Lightning. He spoke about how he *wanted* it to work, but the problem just isn’t solved yet.

My inner Nostr Lyn couldn't help it, so I upped it to 2,100,000 sats, or $1,700+ USD, if he would just post a way to pay him on Lightning within the next ten minutes. Nobody had ever taken me up on my challenge, so I pressed to my highest offer ever just to see, out of sheer curiosity. He’s a multi-time published novelist, which with my recent fiction hobby, interests me. So, if there’s someone I want to claim the bounty, might as well be him.

And then you know what? He did. Of course he had a Lightning address.

He went from “want it to work but…” to digging through his past experiences and finding an old Lightning address, within a few minutes. The first person on Twitter/X to accept my challenge.

I paid him 2,100,000 sats on the spot, or $1700+ USD.

He provided a Stike address, so that’s a shout out to nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38q7t6dtc who made Lightning convenient enough for Mark, who doesn’t understand or particularly like Lightning, to finally call my challenge and make me have fun staying poor, lol. And it worked flawlessly despite being an above-average sized Lightning transaction.

I then asked Mark if he could identify the sending wallet, but he said he couldn’t. He asked about block explorers to identify the payment, and while I pointed him toward Mempool Space, I highlighted that Lightning tends to make sending privacy pretty good even though I didn’t maximize privacy on this one. I'm not deep into the weeds on privacy tech, so I'm always genuinely curious just to ask "hey, can you identify any privacy leaks here?"

I also asked him if he would have shared his bank details publicly like he shared his Lightning address. He said of course not.

So even if people say “But Lyn, Mark used a custodial wallet”, I’d say that this tech stack reduced his friction and boosted sender privacy.

I think there are still improvements to make of course, particularly Lightning combined with other scaling methods (ecash, Ark-style stuff, and so forth), but it’s a powerful glue that connects a lot of things together.

In addition, when it comes to payments and small amounts of working capital, there is an important “choose your own adventure” aspect. For small amounts, in safe jurisdictions, custodial Lightning is not that big of a deal, like keeping cash in your wallet that is prone to theft or loss. It maximizes UX.

But it’s important to keep pushing hard, keep developing, keep providing capital, to make as many tools as possible available for people that need to maximize privacy and/or self-custody. Not everyone needs or wants those capabilities for every single payment, but they do need the *option* to turn to them when it’s important.

Mark Jeffrey then reached out to chat about fiction. Last year he asked me to go on his podcast to talk about Broken Money, but I fell behind on Twitter/X DMs due to bandwidth constraints and didn’t get back to him. So, after this I got back to him and said I’d be happy to talk about fiction with him to pick his brain, and talk Broken Money on his podcast, and we got one scheduled. 🤝

Satoshi: “Bitcoin: A Peer-to-Peer Electronic Cash System”

Governments: “Bitcoin: Digital Gold”

Not very much anymore. I think they recently reduced the reward a lot. I've been earning about 1 BAT/month now with the highest ad frequency setting.

Brave. The ad blocking is nice, but I also take advantage to pick up the BAT for allowing their own ads.

Stack bats, convert to sats.

First person to make me laugh out loud gets 100k sats.

Entirely subjective.

Just gonna read through the comments and the first irl lol gets the sats.

Buy

No the signing part should be using the wallet you used for registering the miner.

My interests in bitcoin are always shifting.

Lately I've been thinking about this pleb mining combo:

CoinOs

Bitaxe

Ocean

Rigly

Gotta play around with it a bit more.

Its just bitcoin mining

but now with nostr:npub1h2qfjpnxau9k7ja9qkf50043xfpfy8j5v60xsqryef64y44puwnq28w8ch + nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze bolt12 support. You can connect your #bitaxe #bitaxe to both and you will start earning sats every time Ocean finds a block.

The more hash rate the more sats.

KYC free sats, and you help decentralize mining.

Will this make you 4 bitcoin of block reward ? no.

but its still fun, educational, and now actually helpful.

“Anonymity set” as understood in legacy CoinJoin parlance is a bogus half-baked idea that breaks down as soon as transfers get made. this iteration of payjoin doesn’t address that. It breaks Common Input Heuristic.

I think that might be what they are working on for the next version of payjoin 🙂

YETI is a scam. A fuckin scam.

I’m going full copper drinking glass from here on out. Slight rinse & refill. Clean living.

A YETI with just good ol water in it has a moldy smell to it. Fuck you YETI, I’m on to your game. Shit product. All marketing.

It's the last weekend of 2024.

How are you going to spend it?

The best thing I purchase with lightning was my GrapheneOS current mobile