I think there is a lesson. Wait for world war 3 before worrying about a new world reserve currency competitor.

Anyone ever just stop and think for a bit, about the fact that #Bitcoin fucking works?

Seriously appreciate it for a second from the view of those trying to think it up when this was literal science fiction. What an absolutely insane long shot. The very notion that practically a handful of nerdy anarchists & dissidents on the internet could create a global monetary network who’s rules would supersede governments across the planet… it’s almost idiotic it sounds so improbable.

And for everyone squealing about what the price did last week or how in 10 years we will have X problem or whatever… it’s easy to forget that it’s just there. That it’s working. That it’s half a trillion dollars worth. That it’s monetary policy hasn’t changed since block 0. And despite the ire of countless authoritarians… it persists.

What a wild fucking timeline.

This is one of my favorite books. I always re-read it every few years. Just finished it again yesterday.

midjourney —niji parameter is crazy. dream tool for weebs. it’s also a dream tool for indie game devs: You can generate art for your card games, visual novels, characters, tiled textures. Possibilities are endless.

Just went through a big follower list and followed everyone based on their latest note, but only if it was less than a week old.

Looking for more follows from people who are actually sort of active up here. Which good ones am I missing? 👇🏻👇🏻

Free speech absolutism strikes again

New build is out, you can set your status in the side menu. Please test!

CBDCs are a few years off, but govts are researching it now.

An Australian CBDC Pilot report was released today, done by the RBA and DFCRC. Here are some things I noted from a quick look through it:

- They're looking at functions like 'smart payments' e.g. to automate GST collection

- They did explore 'direct control' with the pilot CBDC where the holder performs the tx in a non-custodial fashion. They also had other structures such as custodial and pooled ownership models for CBDC tokens.

- Legal, regulatory, technical and operational issues were explored that they'd need to resolve before any kind of broader roll out. They acknowledge that serious exploration of this is years off.

- They seem focused on tokenising things and trading them around atomically, even mentioning HTLCs (a concept used in Lightning network today). This also included some typical statist causes such as tokenised carbon credits, NSW 'biodiversity' credits. But also more general ideas like supplier invoices.

As a Bitcoiner some reflections I have are that they're very focused on payments.

Whereas the big shift I see with Bitcoin is that it's a new savings asset outside the state's control. Of course, with Bitcoin you can do payments, and the Bitcoin ecoystem will build out advanced functionality on lightning and payments, Discreet Log Contracts, and smarter scripting - but the mere fact that it's all based on a new unit of account is what makes Bitcoin unique.

This is Bitcoin's unique selling point. So while TradFi can replicate faster payments and try to tokenise assets, the real story with Bitcoin is it is an alternative monetary system.

Bitcoin is a monetary system that more and more people will want to be part of, because it offers an unrivaled level of freedom.

Lol what a dumb reason for a price dump

I’m really liking the distinct Nostr experience vs the Twitter experience. Occasionally I cross-post something on both, but my decision in recent weeks to treat them differently has been very rewarding.

Years ago, I used to post on certain forums. But as someone with a big Twitter following now, I am more self-conscious of what I post there these past few years. It’s like, I feel quite a responsibility before I send something out to 600k followers, rather than being able to treat it rather carefree like I would treat a forum in the old days. Of course, once in a while I get provoked by something or I share something random and funny for no reason, but not usually.

Since the community on Nostr is still smallish, it kind of rekindles that more carefree feeling of just posting, talking. And I post less about economics, which is my main Twitter silo.

And because I want open protocols like Nostr to succeed, I deliberately want to be here, posting. So it is a win-win; I try to add value but also it scratches an itch for me that hasn’t been scratched in a while.

Maybe if/when Nostr becomes large, it will recreate that sense of filtering that I have on Twitter. But I would still consider that a success, because it means Nostr succeeded and I at least got to experience a smaller social environment for another period of time.

Nope. Didn’t work for me. Sad, I’ve now lost my zaps :(

Am running 1.5(8) now. Tried link on Firefox and Safari.

Interesting, can see the zap icon on your post but not others, but icon doesn’t work.

Any ideas?

Wait… does this mean I can update Damus now? 😆 nostr:note1gjd2str0tfqvrcwdttskxkd52vmsagc477gsr858k0ug86nuj60qzn6uas

You can disagree with me.

But nobody would know about PayPal stablecoin of it wasn’t for bitcoiners talking about it on social media.

Same with Hex last week and worldcoin the week before.

Ignore the noise, focus on the signal.

On this day 78 years ago, the so-called "stronghold of democracy and freedom" used a nuclear bomb against the peaceful residents of Hiroshima.

The explosion and its aftermath claimed tens of thousands of lives, leaving even more permanently disabled and disfigured.

This was far from the only, but undoubtedly the most horrific crime committed by the USA, with absolutely no necessity.