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waxwing
675b84fe75e216ab947c7438ee519ca7775376ddf05dadfba6278bd012e1d728
Bitcoin, cryptography, Joinmarket etc.

#asknostr

I get this error when trying to send a zap. I've been away from home for a long while. The strange thing is when I now look at my alby hub interface, it shows "Connected" for my amethyst LN address account, and there seems to be no way to diagnose.

In amethyst itself, I *believe* you can only find the NWC settings by long pressing zap, but that doesn't seem to help me diagnose the problem. Any ideas? I could just "turn it off and turn it on again" so to speak, perhaps, i.e. create a new connection .. though I'm not exactly sure how, I can figure it out.

Probably just expired, but I have nothing to go on.

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Your wallet connect provider returned the following error: Something went wrong while paying invoice: oauth2: cannot fetch token: 401 Unauthorized

Response: {"error":"invalid_grant","error_description":"The provided authorization grant (e.g., authorization code, resource owner credentials) or refresh token is invalid, expired, revoked, does not match the redirection URI used in the authorization request, or was issued to another client"}

The way he talks about BRICS is so hilarious. It's a term (originally just BRIC) made up by a Goldman Sachs analyst (Jim something, I forget) about 20 years ago because it was catchy.

Apart from his wild level of dumb about this (he thought the "s" was Spain!), one "detail" that a large amount of westerners seem to ignore is that India and China are not just not aligned, they are serious enemies. The original grouping made sense because it was about investments.

https://youtu.be/3Iv-qqVNPAc

This guy's videos are usually about general politics and economics ( he isn't focused on Bitcoin per se) with a particular focus on Spain.

Why I bring it up: the comments on his analysis of Bitcoin's rise w.r.t. government money printing and so on, are striking.

A *large* number talk about how it has no value so it can't be anything else than a bubble. Even mention of tulips in there.

Don't underestimate the extent to which a very large proportion of people will *never* change their mind about this, no matter how long it survives.

I think they're going to continue to be a very big deal. With the nuance that there are many situations where being actually zero knowledge isn't as important, just the succinctness matters. That you can verify correctness of execution of a million lines of code in milliseconds is pretty crazy and often useful.

In general, ZKPs do not require elliptic curves, but a big chunk (not all! see my answer to Tim) do use bilinear pairings instantiated on a specific type of elliptic curve that supports pairings. Some ZKP systems use only hashes. Others do use elliptic curves, but only rely on the ECDLP assumption and don't use pairing-friendly curves.

Worth noting that, while a *lot* of ZKP constructions that are used in the real world, use pairings, they're not necessary. If you even understand just the Schnorr signature (or more basically, the Schnorr identity protocol), you already know the basic ideas behind ZK proofs (see: "Extractor" and "Simulator"). A Schnorr signature (if it uses pubkey prefixing) is technically a "zero knowledge proof of knowledge" of the private key). For the general case of "proving a statement in zero knowledge" you need a more general construction, which you can get from the Schnorr construct using "generalized sigma protocols". And you can even construct properly general zero knowledge proofs by a clever extension of that basic idea, see "Bulletproofs"; this does not use pairings but only the same ECDLP assumption that Schnorr itself uses.

And there are other possibilities, see "STARKs" which are actually just succinct proofs, not zero knowledge proofs, but they can be extended in to zkSTARKs. These just use hashes, not pairings or elliptic curves even.

A lot of people seem to believe that Jeffrey Epstein recruited underage girls in order to videotape them having sex with rich and powerful people as compromat for an intelligence agency, perhaps Mossad, and that he was murdered in prison to cover up the loose end.

While I cannot prove that this is not true, there is almost no evidence for this story. The evidence points to a simpler story: Jeffrey Epstein was a socialite and financier who had connections with lots of famous and powerful people, and he also liked having sex with minors and so he recruited minors so that he could have sex with them. Several famous people also took the opportunity to have sex with minors facilitated by Epstein, but not as videotaped compromat. The second time he was imprisoned for it he committed suicide by strangulation.

The hyoid bone can be fractured by hanging, but more often by strangulation, and the description of Epstein's body as found is more like strangulation. You can commit suicide by strangulation (please don't).

The strange occurance of the camera being off, the cell not being monitored, could have been guards who were turning their backs to let him commit suicide ("fucking pedo should die, let's let him do it."). Papers related to Epstein said he was a suicide risk prior to his death. US Attorneys office offered a plea deal to the correctional officers if they claim they fell asleep, who rejected it claiming they did nothing wrong, but clearly the Justice Department suspected the guards.

Earlier on July 23 Epstein attempted suicide, which put him on suicide watch. But Epstein's attorney argued against it and he was taken off suicide watch but stull was supposed to be checked on every 30 minutes. So the bedsheets were not toilet paper in this cell as some claim.

The claim that Alexander Acosta said "I was told Epstein 'belonged to intelligence' and to leave it alone" has only one source, an editorial in The Daily Beast by Vicky Ward who says it came from an interview she did with a former senior White House official and this is what she claims Accosta told the Trump team. It is not in court documents or congressional testimony from Accosta as far as I can tell, and regarding it Accosta said "I would hesitate to take this reporting as fact."

Maxwell is in prison for assisting Epstein in recruiting underaged girls for sex with Epstein.

The famous people that various girls claimed were involved in sex acts in this situation may or may not have been. The evidence doesn't strongly favor either side.

I have found no evidence of video tapes recovered from the Island with the names of famous people on their labels. I vaguely remember seeing it in a video way back when, but either I am mistaken or the Internet has been scrubbed of such a thing. If anybody has it, please share. I'm currently assuming this was a myth at the time and never happened.

The conspiracy theory was fun, but it is too flimsy.

The only problem with the "not compromat" theory is, why was he so wealthy? Or is there a simple story behind that, that I have been misled about.

Replying to Avatar Gigi

Some Thoughts on Adoption (and other nonsense).

There's this old Louis C.K. clip—recorded long before he was cancelled—that summarizes our modern conundrum well: "Everything's amazing and nobody's happy."

As I was walking towards the hospital today—after a way too early 5:30 rise—it dawned on me that wide-scale nostr adoption (and "proper" wide-scale bitcoin adoption, for that matter) is probably not going to happen. The good news is that it doesn't matter in the grand scheme of things. The bad news is that lots of people will suffer.

"Why so bearish?" I hear you ask. If you know me just a little bit you'll know that, even though I do have many faults, being bearish isn't one of them. I'm still incredibly optimistic when it comes to the adoption and proliferation of freedom tech. Otherwise I wouldn't be doing what I do.

Here's what dawned on me, though: People aren't even interested in their own health, why would they be interested in healthy money? Yes, everyone wants to be healthy. But doing what is necessary to live a healthy lifestyle? Not interested. Not in the least. Usually something really really bad has to happen for people to change their ways. And even that doesn't move the needle in some cases, as plenty of drinkers who still drink after their liver gave up, or plenty a smoker who still smokes after being diagnosed with lung cancer can attest to.

Which brings me to bitcoin treasury companies. Are most of them interested in taking the responsibility of holding their own keys? Are they interested in providing real value while staying humble and stacking sats? No, of course not. They are interested in paper gains, not in a full-blown reorientation that leads to a healthier lifestyle. And I mean that literally: if you truly and fully adopt bitcoin, the responsibility that is entailed by that will result in a reorientation, a re-alignment of values, which will—down the line—lead to more long-term thinking, healthier business practices, more honest value generation, and so on.

To me, this is what "capital B" Bitcoin is about. Change. Real change. A ridiculous proposition to the balance sheet brain.

...which brings me to nostr.

A short stroll through the current iteration of the internet should make clear that the platforms that most people spend their time on are incredibly mis-aligned with humanity. The outrage-machine that we've built for ourselves is keeping us like rats in Skinner boxes, hitting the dopamine button with every swipe and every scroll, no matter what. We've built a machine that is parasitic on humanity, instead of synergistic. We are optimizing for engagement, which means that we are maximizing addiction by shoving a mixture of uppers (porn) and downers (rage bait) down our collective throats. The machine is catering to our lowest selves, as opposed to our highest selves. (We could also optimize for the True, the Good, and the Beautiful, you know. Is that too much to ask?)

But who is to blame for all of that? (And is it worth blaming someone in the first place?)

It is clear to me that the whole military-grade industrial advertising complex that profits from running large-scale and nonstop psychological experiments on the whole fucking population of the earth wouldn't be profitable for long if we would all get our act together. But that won't happen, of course. There won't be a magical finger snap that suddenly shakes us awake from our slumber; that stops us from sleepwalking into dystopia. Just like there won't be a magical finger snap that stops us from our bad habits and unhealthy lifestyles.

Adopting a healthy way of living is hard. It means saying no to the constant onslaught of sugary snacks, fast-food around every corner, and social pressures to indulge. It means taking responsibility for your decisions, cultivating discipline, taking care of your body, your psyche, and yes, also your soul.

A wise man once said that "he who has a 'why' can bear almost any 'how'." And that's what most of us are missing: a strong enough "why." Why go through the trouble of living healthy? It's hard! Why hold your own keys, if someone else can do it for you, and there's even the apparent safety of some insurance? Why cultivate a less destructive relationship to the internet, if you can just autoplay & chill, whether it be with Netflix, YouTube, TikTok, PornHub, or something else? Why not write the snarky comment and trigger a whole cohort of people at the click of a button?

Because it's not healthy, that's why.

"Everything's amazing and nobody's happy." That's the state of the world. Always has been. And I'm to blame too, of course. Sitting in the hospital waiting room, writing these lines, bitching and moaning about the internet, this amazing series of tubes that I so love, warts and all.

But yeah, the internet won't heal itself over night. Neither will the economy, nor the rent-seeking zombie companies that don't provide value, nor the underlying fiat system that broke it all in the first place. It will take lots of time, lots of courage, lots of faith, and lots of responsibility.

It will be hard, but it will also be worth it. And it starts with you.

I think you hit the nail on the head with "why" vs "how".

But being healthy, in normal senses of the word, is not a strong enough why; and I don't think that's irrational. Which certainly supports a pessimistic view.

On the positive side, even an unrealistic goal can be enough to sustain you as long as you feel properly and fully aligned with it. Bitcoin adoption by the masses is an unrealistic goal, I always thought so, but pursuing it is still a worthwhile endeavor.

That kind of "why" doesn't suit most people.

So, the best outcome in practice *might* only be "bitcoin banks", but as long as the hard path of self sovereignty exists at all, it's still not in vain.

The future we are fighting against is the one where we don't even have the option.

To be clear we may very well lose.

If they actually do something even remotely like this, it will be so culturally tone deaf (speaking as a local resident). The CCP funded library was similar, albeit not nearly as bad since it doesn't tower over the city.

Years ago we had similar issues with certain buildings in London such as the famous "Gherkin"... but it's a huge city with a lot of impressive buildings already, plus they made something with a very unique design and without a brand being prominent. I hope Tether does similar, and that they don't make it so tall.

Oh right! That reminds me that I used to explain to people that the VR game "beat saber" is actually a 2D game, because the z-axis (the blocks speeding towards you) is actually just time. Sort of the exact reverse logic :)

For knights the 3rd dimension is useful, yeah.

A lot of younger players who grew up playing chess on screens find real boards more difficult to visualize.

It can only be armor, never a weapon, even in analogy. It's not hacking. Annoys me no end that its defenders in public discourse never point this out.

I mean, we get it that they don't want criminals to have phones or money, but they never resort to calling those things "weapons".

At some point this place will become a hellspace of gambling bots and endless posts promoting the gambling bots.

Replying to Avatar mar

El Salvador didn’t do the math, they followed the hype.

El Salvador thought:

“Bitcoin = instant investment boom. If we legalize Bitcoin, the Bitcoin whales will come. They’ll build cities, businesses, even power plants."

But reality hit fast. What really happened:

Bitcoiners came for a selfie, a coffee, maybe a surfboard. Some moved there thinking “freedom + Bitcoin = paradise.”

But:

Most didn’t build essential infrastructure.

Few created jobs or long-term industries.

Many left once they realized nothing was actually built yet.

Truth Bomb:

El Salvador didn’t attract builders. It attracted Bitcoiners who believe in Bitcoin, but not the ones who build the real-world systems that turn that belief into a working, sustainable nation and belief alone doesn’t power factories, secure the grid, or build a self-sustaining nation.

Here's what they should have done:

Build energy and industrial zones first

Offer real ownership and legal clarity

Partner with doers, not just Twitter propagandists

But come on, do you really think some rich Bitcoiner is going to show up and build a hydroelectric or geothermal megaton power plant?

Let’s be real:

Most Bitcoiners are investors, hodlers and freedom-seekers not industrialists.

And it’s not Bitcoiners fault.

They grew up in a fiat world, working jobs, not building factories or running power grids.

So… did El Salvador really think Bitcoin whales would flood in and build the future? Are there even that many whales to begin with?

Did they seriously believe rich Bitcoiners would come rushing in to buy overpriced real estate and retire early?

Yes — El Salvador thought all that but Bitcoiners are smarter than that.

They’re young, they’re driven, and they’re not looking to sit around in retirement doing nothing.

And they sure as hell aren’t buying into a real estate bubble.

El Salvador, nice try but you jumped the gun.

Bitcoiners might have the money, the vision, the freedom but Bitcoin is the foundation, not the house.

Bitcoiners have the foundation but aren't ready to build the house because they lack the knowledge, the tools, and the blueprint to build a house.

What would you do if you were a Bitcoin whale? Would you really want to go to El Salvador to build a multi-million-dollar geothermal power plant?

https://media.letsfo.com/images/2025/06/28/el-salvador-bitcoin-whale-no-hiring.webp

#elsalvador

#bitcoin

I think you're right in part of your thesis. But the assumption that the plan was to bring in wealthy bitcoiners who would then be the ones building stuff is mostly wrong.

There was definitely an attempt to attract businesses, and capital. Not very successful, so far, though there are a few bitcoin financial businesses operating there.

But little effort was made to attract people as individuals to settle there. A lot of talk about citizenship programs that didn't materialize (except for one program that was a complete ripoff). That has been the real story, at least the negative side of it: a lot of grand plans and promises that were not fulfilled.

Yes. It does depend on the field though. It's tremendous with human languages in my experience. In mathematics and similar it often drifts into outright hallucination. I know the more recent models have been somewhat addressing this, but not sure of details. Fundamentally they don't "reason".

I think there is a tremendous productivity boost to be had from using AI tools to write code, but I'd warn people one thing: if your code has cryptography in it that can affect user security, using AI tools of course can help, but surprisingly it could also make situations much worse. For example, I just wrote some crude python to implement a particular public key cryptosystem, then asked github copilot for its opinion. It first said, everything is good, this is a secure implementation. Then, I wondered if I should change this one thing X. It said, yes, actually, you need to change X. I then looked up several references online and realized that the changed I proposed was wrong. It doesn't take much imagination to realize that a bot that doesn't understand why something abstract is true or false, and is skewed towards being "constructive" (not intentionally, of course, but it is) can actually make a situation of "implementing crypto badly" much, much worse, because it could end up reassuring you at the worst moment. Be careful out there.

I expect the same comments would apply to anything that is (a) security critical and (b) very obscure. Of course, some AI will be better than others and it will change etc. etc. ; I'm just saying, be really wary if you're in this niche.

#cryptography

There is onion service messaging (which is a really good model but connections have been very unreliable) and IRC messaging; several IRC servers were configured by default, the most active one being darkscience. But a while back they requested to be removed as it was too much traffic. Afaik a new release of Joinmarket has not been produced for a long while. Not sure of further details, I don't work on Joinmarket any more.

I was about to congratulate you before but then you really hit the mark. It's funny but my intuition was saying 7.

Hope I didn't nerd snipe you from doing something actually useful 😁

I think the main thing is to follow extremely aggressively when you start out. Click every profile you see and unless it's awful, follow, for now.