I'm old school I don't filter my feed by relay I just follow the right people and my homepage is people I follow.

Maybe I should set up a relay that only people I follow are allowed to post to it 😅

I was at an afternoon NHL game with a friend and his two young kids. They had a Star Wars theme day and were giving away light sabers to the first 5000 fans. We didn't make it in time to get them. There was a mom and her older son in front of us who got light sabers and gave them to the two kids which put a big smile on their faces. I had them download Wallet of Satoshi and I sent them each 5000 SATs. The son knew a little bit about bitcoin. We had a quick chat and I encouraged them to some more research.

Feels like Nostr is a black swan that the entire tech sector was not expecting. Walled garden platforms are going to be a thing of the past by the end of the decade.

Never regret spending sats

GM 💧☀️🤙

Bitcoin Transaction Fees and UTXO Management

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- when bitcoin blocks are full, highest fee transactions are confirmed first

- your bitcoin wallet may show a single balance but the reality is that it is made of many different unspent transaction outputs (UTXOs)

- when you make a bitcoin transaction your wallet will select as many UTXOs as necessary to reach the amount of bitcoin you wish to send

- onchain transaction fees are calculated based on size in bytes not the amount of sats sent

- the more utxos required on the input side the higher the fee paid

- from a cost perspective you want to consolidate utxos, fewer utxos with larger amounts

- consolidation has privacy tradeoffs though: you link any UTXOs you consolidate as owned by the same person + larger UTXOs mean you will dox more of your stack to anyone you pay in the future

Therefore you want to reduce the number of UTXOs you have while being mindful of the privacy concerns.

Lightning Transaction fees are calculated differently: based on the amount in sats sent. Opening lightning channels when fees are low can enable you to save money in the future when fees rise. 🤙

Was flawless. Ran 150 rounds of 115gr Winchester white box range rounds. Also some 147gr Federal.

USD hegemony is a matter of life and death.

Reserve currency status lets the US run multi-Trillion dollar annual deficits while being >$30 Trillion in debt.

And deficit spending funds real-world military growth.

Global seignorage provides a huge military advantage vs. enemies.

I just finished the workout I didn't really feel like doing. I am glad I did it.