Twitter gets my frequent thoughts, because that’s where most people are.

Nostr gets my heart-to-heart thoughts, because that’s where the quality people are.

Every company in the future will become a Bitcoin/Lightning/Nostr company the same way that every company in the past became a TCP/HTTP/Social company.

Would be even cooler if they still owned Symbian.

yup yup yup!!!

it’s going to be so revolutionary when cashapp/square lets you pay with #bitcoin

especially since square pos is so prominent in stl

We are studying this.

If we do, it will follow same model as bitkey and mining hardware. nostr:note146d8pnasc9adnwfdgapdx29vl47urtduy39pd2gvwyytk2gefm3qpw8kfj

It's like some weird punishment for not using apple pay, even though apple pay literally can’t do what profile zaps can do: uncensorable p2p transactions.

Their suggested fix is to “use apple pay instead for these transactions”, except you literally cant use apple pay for p2p txs? Do they expect me to have some ingame currency that you buy and transfer to people? wtf? nostr:note17g4q7xln8ujcwn2jr8g0g5k5vefzfk3g339r3u33fua6pmwv80dqgsmysr

👀👀👀

These stickers should have a trigger warning for Tim Apple

What's it called when someone works for a currency that someone else prints for free?

Apple banned Bitcoin wallets many years ago, users started smashing their iPhones on social media. Apple changed their mind... nostr:note14vfvfnt8ynlp4qj2fcdt5t28judjypdnth83swmdhlythryw2seq2nuuh6

Damus will be removed from the app store in 14 days, apple says zaps are not allowed on their platform because they *could* be used by content creators to sell digital content. This is right before I’m about to give my talk at the oslo freedom forum on how decentralized social networks with lightning integration are bringing financial freedom to the masses... pretty sus… 😕

This would be a watershed moment: If people can’t transact freely p2p on their platform, this has huge implications for the entire ecosystem of apps with lightning integration and v4v.

How to reply to a PoS shitcoiner:

PoS has been around for thousands of years, it's nothing new. Government money is proof of stake, as are company shares.

Egyptians, Romans, and Chinese were using this 2000+ years ago. Italian city states perfected it 800 years ago. Stake based systems are not new.

Using stake to solve the Byzantine General's Problem is also not new. Cypherpunks have been working on this shit since the late 80s.

The cypherpunks on the mailing list (that Satoshi sent the white paper to for peer review) are literally the people who created the *entire body cryptographic of work* used by proof of stake coins today (stake based byzantine fault tolerance). They are well aware of the fundamental limitations of stake based BFT because they are ones who came up with it in the first place...

If Bitcoin was proof of stake *you would never have heared of it* because it wouldn't have survived 5 minutes of peer review by any real cryptographers.

Time-based difficulty-adjusted PoW *is* the breakthrough and is the *only* reason you and anyone has ever heard of a "blockchain".

The failure modes of stake based BFT are well known, and it fails *every time* for a number of reasons, but if you are betting on a shitcoin to increase in value then the failure mode will probably involve the fact that stakeholders have an incentive to increase the supply to benefit from the cantillion effect.

Mathematical fact: you cannot deploy external capital to defend a system that is secured by internal history (stake). This is why stake based BFT does *not* secure against attack by a state or central bank, which means *anything* secured by PoS MUST comply with governments.

Bitcoin's value proposition is that Bitcoin let's you do things that bankers and governments *don't want you to do*. If bankers and governmensts can nuke your shitcoin, then you do what they say or they nuke it.

What's the value proposition beyond CBDCs if your shitcoin ultimately has to comply with governments and bankers?

You cannot out-stake a bad actor who has aquired sufficient stake to fuck with the system, your only option is to fork them out. Then it becomes a competition between charismatic personalities convincing the market to follow their authority (their fork) instead of the other guy.

So how do you solve the problem of removing a bad actor without requiring some form of authority? Read the Bitcoin white paper. Satoshi knew exactly how stake based systems fail, that's *exactly* why he used proof of work instead.