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Replying to Avatar Guy Swann

The skepticism here is healthy, imo, but I'll share my thoughts on all the goings-on/drama with Swan recently...

On the first issue of being associated with ten31: I personally didn't have any perception that Swan was trying to associate with Ten31 or that people thought they were related. I also don't really get any messages from people on this sort of thing so I could just be hanging out in completely the wrong social groups, so honestly don't have much useful to share on that one.

As far as revenue, one thing that seemed clear over the last couple of years (which I felt iffy about anyway, i hate suits) was that they were targeting legacy finance bros in Cali and pushing Swan Private really hard in that market. I assumed this was their big capital inflow since they seemed to have been pushing it so hard. (no details, just had been my thoughts)

No idea about the investment numbers at all. But they say they will release in Feb (i think that's right if someone had more info) so i assume we will know then. If they don't release like they say, then obviously that's not a good sign.

Aside from the recent published numbers and whether they are accurate or not, I have found a ton of the drama over the past year or so around Swan has been a lot of making mountains out of mole hills. Maybe it's a "if you shoot 10 times you are bound to hit the target once" sort of thing, but the only thing that seemed like a legitimate concern to me was obviously the whole Prime Trust debacle. However this wasn't a direct issue with Swan (at least in the sense that Swan didn't invest customer funds in LUNA or some dumb shit), but that a crypto adjacent partner had made dumb decisions and Swan had to exit with client BTC. But all the service and withdraws I have had with them during that period and since then, have worked fine (doubly reason to ALWAYS withdraw tho) aside from a week or two that got paused while they were migrating.

I generally think things are overblown because some people just don't seem to like Cory's attitude on social. Which is fair for those to consider that as a concern if they don't get straight answers. Even if they or @`ODELL` are wrong, i don't think that's a bad perspective to entertain. Arguably it's the more robust view to take. Even if they are wrong, it would still have been a smart choice in largely any situation.

Scrutiny and skepticism are usually the most prudent attitudes for pushing to get information available when it isn't forthcoming. But in other situations Swan has been pretty open about when things go wrong (I have mostly just read their emails to find out what's going on, and it doesn't seem to have ever been contradicted when more details come to light later on unless someone has an example of this) - and when issues arise or when their partner actions affect their customers. Taking the third party email leak and recent banking partner policy changes as examples. (ie. I have no doubt every other company with a banking partner involved in bitcoin is dealing with those same policies about coinjoins, but we only got a memo from Swan.)

Just my thoughts. I don't have much to add on the latest info that is being contested though. Wasn't even aware of it until a couple of days ago.

(disclaimer: Swan started sponsoring my show again recently, so I have more incentive to defend them, but this has also been my feeling during the time we were not partnered as well, i didn't stop using Swan during the last year or two.)

nostr:note10cam8hkf6m667h43um64vx7fyfukkk4836wtc2tyep9n64th8snq22q6p6

Suits know that the first thing you need to do when you enter a new space is build your reputation. Cory spent a lot of time on this. He built a network of podcasters and media who either already had a good reputation in the space, or built one up with his backing. I don't look at this as a good or bad thing, it's a good strategy. What happens next is where it gets interesting. What do you do when you have built up that trust? It feels like Swan is at that point where the next step in the strategy is being implemented.

Telling people not to trust someone is not throwing shade here, it's just good advice.

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Is there a way to make a voip type client for nostr? Is that essentially what nests is? If we want to onboard gamers I think that would be a big deal.

nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6

nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s

nostr:npub1gcxzte5zlkncx26j68ez60fzkvtkm9e0vrwdcvsjakxf9mu9qewqlfnj5z

Beware the rock of wretched lies

Its face is cracked and filled with eyes.

Its roots spread under every tree

And feeds them poison carefully.

It keeps the the husks of blackened wood

Until they fall where once they stood.

And where new life should then replace

The rock decides what takes its place.

Beware the rock of rolling hills

Fed with endless printed bills

A bottomless pit that makes you part

Of its black and twisted heart.

It knows exactly what you think

By making you become the fink

That feeds it with your energy

Until you fall like every tree.

Beware the rock thats black and takes

What every single builder makes

And crushes slowly with its weight

The fruit your labour doth create.

You can't escape its gaping jaws

It owns the ones who make the laws.

And when you try to start anew

It pulls the rug from under you.

Beware the bitcoin etf

That obfuscates the growing left.

The time it chains is yours you see

Because it keeps in custody

The only finite source of truth

Of work youve done til now from youth.

If bitcoin wins then it will fail

And when cumbles all will wail.

No one is attacking anyone here, we're having a conversation. My point stands, although you don't seem to grasp it. An educator is what they are because they are downstream of the innovator. I didn't use the word programmer specifically because those who fund the projects are as integral to the projects as the bodies that build them.

If you take a second to understand the point of my post, I think you'd agree. Or you can take it as a personal attack. The choice is yours, I care not.

I'm pretty comfortable being off base, but I don't think I am here. Not to be overly harsh, but if you're ashamed of the profession that you chose, do something else.

1) saying you aren't an influencer doesn't magically make it so regardless of the meme

2) the network of influence that you've built is not exactly something I would say I'm appreciative of. When your body of work is akin to a social media account (podcasts, written articles, etc) you are not a builder (yes i am aware of 1031 and i am speaking in generalizations). I don't mean that slanderously. It's just factual. It's important that people know what's going on in the industry, therefore podcasts have value. But don't make the hubristic mistake of believing you know what youre talking about when you have zero practical experience identifying technical problems in systems and implementing theoretical fixes to those problems.

STAY HUMBLE

3. Happy new year

My opinion about things being broken in the protocol is as irrelevant as yours, I just don't think weighing in against the good faith builders with the number of followers in your orbit is productive or a good idea.

Sorry to tag you specifically, there are lots of names I could throw out that would fall into the same category. When influencers like yourself get too big for their britches they end up thinking that their opinion is more valuable than it really is. Because of the influence they have over the ignorant followers in their own community, they actually do have a certain (albeit minute) sway over the protocol.

Just like how the longer you've been in the space the more compounding you've seen in both your knowledge and your stack, your feelings of validation and confidence expand as your body of work grows. The problem is, without practical experience in the building of things, you don't have the perspective to back your beliefs or knowledge. I think my analogy around construction is an apt one. I'll try another:

A streamer who streams a particular video game and plays that game really well, and has been playing for years, has a great understanding of the game and how to play it. He also has a considerable influence on what is popular within that game's community. That doesn't mean he knows the first thing about what changes will break that game. Even the devs often don't know, but it requires constant maintenance and actively looking for potential problems in order to find them before they become consequential.

That's why when someone who is able to point out potential problems from a position of practical experience does so, the correct course of action is to investigate, corroborate, collaborate, and eliminate by the least invasive means possible.

Again, sorry to pick on you when i could easily have put another influencer like nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx or whoever else on the other side of the particular debate that was on my mind.

Merry Christmas

The need for creative destruction in the bitcoin podcast "industry" is fucking real.

Once a person who is not involved in the production of functional things is too influential over the public opinion, there becomes a growing bifrication between reality and perception of the industry. This could be said of any industry. If there were a bunch of likeable dudes making content about construction, but who had zero experience building things, listeners will just generally think that the guy talking at them twice a week about the need for more shear walls in a 10 story wood frame building and the necessity of fire caulking the 3 million 7/8 holes in top and bottom plates has any applicable problem solving experience and has an opinion that should hold any weight.

You can talk to the people who build things all you want, but until you start your own PoW, you are not a God damn expert.

I have no hate for the guy, but nostr:npub1cf3zeytdnwgwzz5pk2ax0vvmmlzad03xcft4d50ejrfhsh8pxcdsefx7gk is the perfect example of this. The bitcoin magazine hardline take on ordinals/brc 20 stuff just seems like an attempt to influence the ignorant into thinking that builders should avoid fixing structural issues.

Saying that an unintended consequence of a change is what it is and now we just have to live with it, is out of step with industry, and with reality. If a building is swaying in a way that could be problematic because of a change in construction material, you don't say "well, I guess it's just going to sway like that forever." You increase the support and prove out the structure.

Then again, I'm just a dummy who builds buildings...

"When the promise is broken, you go on living

It steals something from down in your soul

Like when the truth is told, and it don't make no difference

Something in your heart goes cold"

What I enjoy about virtue ethics is how its study can be be applied practically in one's life.

What I dislike about about deontology is how granular it can become when you start looking at different levels of action and barriers to your actions.

What I find interesting about consequentialism is how well it fits with an atheistic, deterministic world view, or even simulation theory.

Don't cry for me, Argentina,

The truth is I've discovered Bitcoin,

I've learned from Javier Milei's wisdom,

A revolution that's never been seen.

I never thought I'd dare to venture,

Into a world so virtual and free,

But Bitcoin's power is breathtaking,

It's a symbol of economic victory.

Through inflation and monetary control,

Argentina has long been paralyzed,

But with Bitcoin, we've found a way,

To stabilize our nation and rise.

No more central banks dictating our fate,

No more devaluations and strife,

With cryptocurrency, we hold the power,

To take control of our financial life.

So don't cry for me, Argentina,

For I have embraced this digital trend,

With Javier Milei guiding our path,

We'll prosper and thrive till the end.

Bitcoin, our savior, our currency of choice,

Empowering every citizen's voice,

With decentralization and blockchain's might,

We'll reshape our nation, making it right.

So let's stand together, Argentina,

Embrace this future with open arms,

With Bitcoin and Milei leading our way,

We'll reclaim our economic charms.

Don't cry for me, Argentina,

For we have found a way to adapt,

With Bitcoin and Milei by our side,

We'll overcome any challenge, undeterred and untrapped.

Embrace the revolution, Argentina,

Let's break free from our financial chains,

With Bitcoin as our beacon of hope,

Our economy will never be the same.

So rejoice, oh beloved Argentina,

For the era of fiat is slowly fading,

With Bitcoin and Milei leading the charge,

Our future is bright and worth embracing.

Don't cry for me, Argentina,

For Bitcoin and Milei have shown us the light,

Together we'll build a prosperous nation,

With freedom, innovation, and economic might.

Well now you have to post a video of yourself singing it...

Sorry Saif, but this is just false. I work in remote locations frequently and it's night and day since Starlink became a thing. Prior to it I would have no access to the outside world for weeks at a time, now it's just the standard to have internet available. While there were other remote services prior to Starlink, they were literally never brought to a site because of the outrageous expense.