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Can anyone ELI5 the #softwar "war" that seems to be going on? It seems like the new blocksize war.

#plebchain #bitcoin

Did Balaji already pay his $1M (or was it $2M?) for the bet? #plebchain #bitsignal

Fiat lovers can see the problem but don't see the solution yet. We are so early!

Source: https://www.reddit.com/r/wallstreetbets/comments/11ry8e8/live_look_at_banks/

#plebchain #bitcoin

Is there any chatgpt-style app/plugin for software development that can work on a whole project and not only single files?

#plebchain #chatgpt

Of course. But as we know, division of labor and specialization is key for success. So I see it unlikely to have multiple successful "everything apps" that do all by themselves. I see it far more likely to have multiple providers for specialized tasks and then have multiple "everything apps" that simply bundle those services in a single app.

Nostr clients can very well achieve WeChat-like functionality but imo it's only feasible if they do it by consuming third-party services, otherwise the Nostr client becomes a centralized point of failure. For example, WeChat could never exist in its current form without State blessing. If at any point they don't want to follow State orders then they can be quickly shut down.

Imo it's better to keep clients just clients. Hosting images and other paid services should be done elsewhere (but of course they could be tightly integrated with clients in such a way that users don't see the separation).

Inflation is a tax and any tax is theft, so yeah, inflation is theft

Replying to nobody

8. Bitcoin and the Future: How the Digital Currency Could Change the World

Okay, folks, it's time for a little bit of future vision. Imagine living in a world where we can buy everything with Bitcoin. No more credit cards, no more bank accounts, no more governments telling us what to do with our money. There are no more annoying fees and no more shrinking account balances. Instead, we can live freely and independently, carrying our Bitcoin millions in our digital wallet. Doesn't that sound fantastic?

But wait a minute, what about governments? Won't it be difficult to leave them out of the game? If Bitcoin takes over the world, then they will have no more influence on our finances. That means taxes are harder to collect and they also have no more control over the economy. Hmm, that doesn't sound so bad after all.

And what about banks? Won't they become unemployed if we all use Bitcoin? But hey, they can still get into the cryptocurrency business and try to earn money. Maybe they can also help us keep our digital wallets secure and protect us from hackers and scammers.

But wait a minute, what about those who have never heard of Bitcoin? Won't they be left behind? Hmm, that's a good question. Maybe we can offer training and show them how to get into the world of cryptocurrency. Or maybe there will eventually be a world where everyone uses Bitcoin and no one is reliant on fiat currencies.

But that's all speculation. We can't really predict what the future of Bitcoin and other cryptocurrencies will look like. Maybe one day there will be a world without cash where we all only use digital currencies. Or maybe Bitcoin will eventually be displaced by another cryptocurrency that is even better and safer.

One thing is for sure though: Bitcoin has already changed the world and will continue to play an important role in the financial world. We will continue to watch how things develop, and who knows, maybe we'll all have Bitcoin in our digital wallets someday. In the meantime, we can sit back, relax, and watch the crypto world unfold.

Why don't you use a NIP-23 long-form content?

I deposited some USD in Paxos and I had to go through a long AML process in which they asked for a lot of documentation and took a few weeks in total. I've used Paxos in the past and sometimes they asked for documentation but it was never like this. Maybe this is capital controls?

I exchanged a small amount (~3%) for USDT at $0.96. I'll need this money in 2/3 months and I didn't want to lose it, that's why. Glad I decided to hold the rest 😅

It's not so discrete as true/false. It's a spectrum. One metric to measure your sovereignty that may be useful is how easy it is for you (and your family, if applicable) to relocate to a different country with minimal disruption.

What? Is it illegal to plan with other people to withdraw your money at the same time? 😮

Notes should be replaceable events 🤔