I have the extension and an account, but when I try to log into Iris.to via the extension on Brave, nothing happens.
Similar with Habla too.
Yes. We’re in the Information Age. People know.
I’m the type of tech retard that once I understand something, I understand it well. But it takes me a long time to figure it out initially. I can’t figure out how to use Habla either.
And I want to avoid putting my private key everywhere, so I thought maybe with Alby I could just use it to log in everywhere, but I’m obviously doing something wrong.
Trying to use Alby to log into NOSTR via iris.to through my browser, and I”m too retarded to figure it out. I have the Alby extension, but when I click on “nostr extension login” nothing happens.
If you kill a bunch of crows, did you murder some crows, or did you murder a murder of crows?
Not the downfall, the shrinkage to its appropriate size and role.
Asleep: The State is looking out for me.
Half-Awake: The State is out to get me, I’m afraid.
Fully-Awake: The State fears me, I will bully it down to its appropriate size.
Wife got back from the states.
Asked her if she was JLAF.
What’s JLAF?
Jetlagged as fuck.
She is.
And I coined a new acronym.
Half of this misses me, but what about the inevitable bleed of Bitcoin due to lost keys? Seems inevitable to me that as more people use it loss rate will increase.
Is this article saying 10-25% lost already something you give credence to? https://www.cryptovantage.com/news/ask-cryptovantage-how-much-bitcoin-has-been-lost-forever/
I think a good chunk has definitely been lost, but that cuts the other way — that increases the value of the existing coins. The entropy isn’t number of coins, it’s in value. The fiat system is bleeding value via inflation. But while bitcoin has tightly scheduled (very slow) inflation until 2140, (a) inflation provides a service (securing the network); and (b) lost coins are deflationary, making the existing holdings even more valuable.
While I hope that’s wrong, we should definitely not underestimate the lengths to which they’ll go to avoid accountability.
People commit suicide individually when circumstances are dire for them, and I could imagine the people who got us here doing it collectively too.
I could also see them getting rugged if say BTC went to 1M, and suddenly they found themselves without the power they once had.
If you siphoned off much of the world’s wealth and replaced it with bits in online accounts which can never collectively purchase what they purport per today’s exchange rates, locked people in their homes, coerced them into taking poison the effects of which are becoming known and you and/or your cohorts were caught participating in or availing yourself of an underage sex trafficking ring, the truth of which you know will come out, you too might start to think WWIII, whatever form that might take, is viable option.
IOW, it’s not just that BTC dilutes you less as supply expansion is controlled and slow, but that even that small dilution serves the network itself, rather than being siphoned off. Because even a slow bleed like gold (the supply of which increases 1-2%/year) is catastrophic over the long haul if it’s not recycled.
The miners aren’t cantillionaires, but service providers to the network, so the reward doesn’t on net impoverish the ecosystem. It’s almost a perpetual motion machine, except that it requires real-world physical energy from outside itself to work. But even then it incentivizes discovery of new energy and efficiency of energy use, so again, it’s probably net positive on that front.
The other reason it’s not a PPM is that it needs some energy from somewhere, but essentially it’s a super intelligent AI scouring the universe for that.
Just realized a key difference between fiat inflation and bitcoin inflation: the former is uncompensated, but the latter secures the network via proof of work.
In other words, BTC supply inflation is paid back to the network. Fiat inflation is removed from the network.
That’s why BTC is low entropy — over time everything it loses by (slowly) expanding supply is recycled back via the miners as a more secure network.
Fiat is high entropy — over time, insiders pull all the value out of the network and destroy it.
I never took the jab, Ray. I never took the jab.
I never sold a sat, Ray. I never sold a sat.
I agree what most people think of as creativity (pop songs, Hollywood) are formulaic and could eventually be done by AI. But I don’t think it’ll contribute anything important, anything in the canon, so to speak.
Thanks — I heard a couple guys talking about the flaws in HTTPS, and something about web sockets, and I thought I should understand more. It does seem like the black box you describe sometimes, but I think understanding the base layers of things that impact your world is worthwhile.