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mukona
6a679fb872a1329e23dbd268806a5f2a39606d728c72bc684b1cdd443206a193
/space_pirate

did you get my DM? I would like to plan Tokyo.

all true! also:

sunrise+jump rope+coffee > coffee

coffee on it's own really sucks at waking up, I agree.

I have to give them credits for coming up with a solution that appears to be solid and is standing the test of time so far. I can't say that I would know how to break it down to create ASICs for it, which is impressive.

Plus, they could iterate again, and again...

This.

I think at best, intel agencies get metadata off of the SGX enclosures on the contacts connecting algos. From there, with a #, they can target for full remote exploitation (via 0 clicks). Then simply collect while unencrypted.

I doubt Signal encryption is compromised.

For more secure comms, there's a new option around: https://www.numbersstation.app/

Colin's blog posts are right on spot.

beyond RSK? Spiderchain vs drivechain?

Bitcoin based EVMs will take over in the long run.

cc sovryn

https://www.botanixlabs.xyz/en/home

long distance mesh network over RF, for cheap.

https://youtu.be/EAQI2ZSmxPU

Looks cool, I wonder if there's a nostr angle here?

https://reticulum.network/

When does @woonomic theory break?

RT:

Preston, this only matters in margin spot markets. Shorting gold or BTC on spot requires someone to lend the underlying asset. Pull the asset off the exchange and nobody can borrow it to margin short.

But what I refer to is futures markets. I can put in USD collateral and sell near unlimited BTC futures contracts.

Some misunderstanding from the community here so let’s run through the mechanics with a thought experiment:

According to

@glassnode

there are 2.3 million BTC sitting on exchanges today. Let’s say the public wants to buy ALL of them and to take custody. So how much USD would I need to prevent the price from climbing?

Well for every spot BTC that is bought I need to sell 1 BTC of futures contracts. These two markets are tightly linked via arbitrage traders who make money whenever they get out of step.

Remember selling a future contract is just a bet on the price to go down. There is no limit on how many bets I can lay down apart from how much money I have to back that bet.

5x leverage is the norm so I would need $12b USD and absolutely NO BTC in my futures account to stop BTC price from moving upwards even if all the BTC available on exchanges were being bought up. (2.3m BTC * price / 5x leverage).

How much money is in the banking system? $20T of M2 money. $12b is a rounding error.

If we go into the math at more details, it’s slightly more than the $12b due to futures contracts being priced higher (called contango for those reading this), that price premium is captured as profit if you short BTC (this is called a basis trade).

In a basis trade you would normally buy spot BTC to protect from getting rekt if BTC price went up (short squeeze). But hell, if I had $12b of collateral why hedge. I’m the OG, I don’t need to buy spot BTC to protect from BTC going up as I have enough sell power to keep it down.

So in fact for an entity that has $12b of capital there is a profit incentive to short BTC on futures and keep price down.

Can this be done? Yes, because…

futures > spot

All you need to check is the daily volumes being traded on futures. It dwarfs the liquidity on spot markets. As long as this is the case, spot markets orbit the gravity of futures markets, not the other way around.

Hence you see the agenda by laid out to delay a spot ETF. For 7 years spot liquidity has been held back. While futures markets have flourished, vastly outgrowing the spot market.

https://x.com/woonomic/status/1705038126912340199

Replying to Avatar mcshane

murder yoga solved all depression, situational sadness, & mental turmoil in my life.

I still experience those things, but I have a daily routine I’ve established over years that allows me to channel the unrest & loneliness into something productive. The routine changes over time, life still happens. But when I’m low, I know the solution, the proof of work & camaraderie are just one practice away.

Exercise, especially gym friends, will help you in ways medication never could. I went from heavily medicated, addicted, in & out of hospitals & jail as a directionless young man to a fit, sober, healthy, and happy person with principles and long term goals.

I don’t have insurance. I haven’t seen a doctor in years, and I’ve saved a lot of #Bitcoin by avoiding them. The pharma industry is incentivized to make victims of all of us and I’d rather bet on myself. I recognize this is not for everyone. I mention it only to reiterate that there are options outside of the well-commercialized path to health & fitness.

If you’re struggling, it can be extremely uncomfortable to make any leap. In the very beginning, I spent hours sitting in my car outside of a small boxing gym, smoking cigarettes & trying to drum up courage to go in.

The answer is not jiu jitsu for all. It’s follow your health & fitness curiosities, whatever they may be, and set goals. Iterate & improve but be consistent over everything. Maybe it’s just walking 10k steps a day at first. Start anywhere.

Kudos! Quite a life path, and thanks for sharing. Getting or staying on a life balance path that works is very hard.

I will spare you my batman story, but for the nostr readers, and to my 30y younger self:

1. not testing blood for metrics purposes for too long can be dangerous. Avoid ending up in very toxicity of certain vitamin, it's really bad. Advice, find a doc or health practitioner who's not afraid of testing blood. It's cheap (in any respectable country, travel if you need to), and there's nothing like it to fine tune your diet.

2. don't inject stuff / don't alter your body, unless you truly have no other options. And even then, you have other options.

3. heal the inner-child, self parent yourself, grow spiritually by yourself. The solitude, emptiness, anxiety, fear, can, and will all go away. Truly. Nowadays, the content is easy to find.

4. and yes, get down on the mat, start BJJ and stick to it. There's nothing like it to free testosterone (read here: men's health, and men's mental health).

Have not read yet, but yeah, maybe!

From what I remember:

You can do pretty much what you want in a drivechain, similar to what you see in the ETH L2 world at the moment. From optimism, zk rollups, zkevm, etc.

It allows to keep a state in another chain anquored to L1.

Security is via time delayed changes in L1.

The changes to L1 btc would be minimal and do not change what already exists.

Replying to Avatar Gigi

I must have missed a chapter.

Who is she? A Karen of some sort?

How to get the masses to understand that the control is done primarily via money?

And to have them realize it's actually bad for them (most don't even understand the life they are in).

Of course, use cash over credit/debit cards, but even cash is validation of fiat value.

We really need the masses to move to Bitcoin, for that to happen, they has to be a will to do so.