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exist270
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I've been missing since 2015. ๐ŸŒด๐ŸŒŠ๐ŸŒ… #3D | #Drone | #Underwater | #Video | #Photo | #Web ๐Ÿ”’ LOCKED: ๐ŸŒด Travel: https://exist270.com/travel (810 followers) ๐ŸŽจ Art: https://exist270.com/art (540 followers) ๐Ÿ”“ UNLOCKED: ๐Ÿฝ๏ธ Food: https://exist270.com/food (270 followers) ๐ŸŸ  Bitcoin: https://exist270.com/bitcoin

There is an exactly zero percent chance that I will ever guess what this acronym means. ๐Ÿ˜๐Ÿ˜‚๐Ÿค™

You can just make people more dangerous by giving them information for free. ๐Ÿ’โ€โ™‚๏ธ

Apes together strong. ๐Ÿค™

Even Satoshi was retarded enough to think that #Bitcoin / #BTC would work. ๐Ÿคทโ€โ™‚๏ธ

We all need to be a little more retarded. ๐Ÿค™

You can just search for the legal ramifications of debt default in your area & punishments are almost never criminal. They usually just sell the bad debt to some other sucker. ๐Ÿคทโ€โ™‚๏ธ

What a time to be alive. ๐Ÿค™

Everyone here is retarded. ๐Ÿ˜๐Ÿ˜‚

That's why we're here. ๐Ÿค™

The fucking nukes ran off 8" floppy disks until 2019 & THIS surprises you? ๐Ÿคทโ€โ™‚๏ธ

I think you VASTLY underestimate the inefficiency & incompetence of the US government. ๐Ÿค™

Replying to Avatar Peter Todd

Really interesting stats from Ukraine's Unmanned System Forces (aka drones).

The big one: the marginal cost to kill or seriously injure a Russian with drones is just $911 USD.

https://nostr.download/1cbe7c1ab49ff8d539b3b3f54a3269da359d30e2901659408a03e5bf4929ba1a.mp4

I've personally spoken to quite a few soldiers at different units (units have fundraising and recruiting booths at basically every big event in Ukraine), and they all say the same thing: a remarkably high percentage of their drone funding comes from private donations. A big problem is Western military aid tends to be tied to specific weapons systems โ€“ not money โ€“ so the overall resources can't be spent optimally.

Of course, it's not like the war itself costs $911/Russian casualty โ€“ there's lots of other costs and investment necessary to get there. But the fact that units are still short on drones even though relatively little investment would fix this is absurd.

Also, I don't keep track. But I wouldn't be surprised if just my personal donations โ€“ anonymously with Bitcoin โ€“ have resulted in the deaths of a few Russians. You can easily make a difference.

https://x.com/414magyarbirds/status/1952644301793456560

Directly contributing to the war machine & human death isn't the flex you think it is. ๐Ÿค™

It's a consolidation transaction (a group of small balance addresses in the same #Bitcoin wallet being moved into a single address). ๐Ÿ’โ€โ™‚๏ธ

Each #BTC address included in a transaction has a data size, so consolidating makes the transfer "heavier" data-wise & will raise the fee due to the larger virtual size. In addition to that, they have also put the fee rate pretty high (at 5.05 sat/vB) for faster settlement. ๐Ÿคทโ€โ™‚๏ธ

They should have set the fee rate to 1 sat/vB & just waited; it would have only cost them โ…• of what they actually paid. ๐Ÿค™

Yeah, but he's specifically complaining about the #Bitcoin / #BTC node sync speed hindering wallet creation & a pruned node won't fix that issue. ๐Ÿคทโ€โ™‚๏ธ

If he just needs an address to send to ASAP, then there is a better solution. ๐Ÿค™

nostr:nevent1qvzqqqqqqypzqm9m2h6qn4vvamyerm43kj4qw7f3ulg834jfmfnxz2zznwm8k6gvqythwumn8ghj76twvfhhstnwdaehgu3wwa5kuef0qythwumn8ghj7mn0wd68yt33xvcnytndv4jxjcf0qyt8wumn8ghj7mn0wd68ytnyvf6xxtnvd9hxktcqyr99l0q37m3wwsmqwkdqq6n9ckcr48e4pffcdx32mvpzg305axrqkldk7h5

Why not just use a reputable wallet app until you can sync your own #Bitcoin / #BTC node? ๐Ÿ’โ€โ™‚๏ธ

You can always just open that wallet once the sync is complete, or send it to a fresh wallet you make after the sync. ๐Ÿค™

I turned off personalized ads & the shit I see now is so trash that I'd honestly rather get Viagra ads; at least those would make me chuckle. ๐Ÿ˜๐Ÿ˜‚๐Ÿค™

Replying to Avatar Satosha

First of all Variable speed of Light is an active research topic ... https://www.perplexity.ai/search/quantum-theory-for-variable-sp-rdB4vprnR7elxp72icvl9g#0

Second - assuming speed of light is CONSTANT .. how does that explain that Bitcoin price WILL NEVER be a constant ? If you are comparing BTC with speed of light than it should always have a fix price !

VSL is strictly theoretical & zero evidence exists to support it because we literally can't observe/measure/test it. Quantum Field Theory & General Relativity bind light speed as a universal constant. Everything we have ever observed or measured is bound by that speed & nobody has ever disproven it. ๐Ÿ’โ€โ™‚๏ธ

You're misunderstanding the analogy. You're drawing the parallel that if the speed of light exists, then everything should travel at light speed. I never stated that price is a constant; I said that the value is a constant.

The #BTC QUANTITY is a constant; ~21M coins total.

โˆด

The #Bitcoin VALUE is also bound by that constant; โ‚ฟ1 = โ‚ฟ1.

The #BTC PRICE is a variable that can fluctuate anywhere from 0-100% of economic energy.

Just like different bodies of mass can have differing speed properties based on the physical energy input/output of the system, the Bitcoin price can fluctuate based on applied economic energy in the system.

Based on total global economic value, the Bitcoin network is currently sitting at ~0.069% of global economic value (~$3.53 quadrillion) at a price of ~$116K.

If it was:

1% = $1.68M per coin

10% = $16.8M per coin

100% = $168.1M per coin

These numbers are obviously variable since total global value isn't constant & we will never reach 100% of total global value because humans will always value things other than Bitcoin (and because money can be printed out of thin air), but the current theoretical "speed limit" applied to the price variable is $168.1M per coin, bound by the network constants. ๐Ÿคทโ€โ™‚๏ธ

Theory still holds. ๐Ÿค™

#Bitcoin will never be pegged to anything, because it will outperform everythingโ€ฆ forever. ๐Ÿ’โ€โ™‚๏ธ

What you're saying is akin to "Oh, we can just change the speed of light to whatever speed we like whenever it suits us"โ€ฆ but you can't. ๐Ÿคทโ€โ™‚๏ธ

The formula to calculate the speed of light is a universal physical constant; 1 lightyear = 1 lightyear.

The formula to calculate the value of #BTC is a universal economic constant; โ‚ฟ1 = โ‚ฟ1.

Just like nothing that has mass can exceed the speed of light, nothing that has mass can exceed the value of Bitcoin. ๐Ÿซด

If you don't understand this yet, then you need to study harder. ๐Ÿค™

You just send an address or a QR, bro. ๐Ÿ˜๐Ÿ˜‚

This works with email, DMs & literally ANY other medium that you can exchange text/image info. ๐Ÿค™

I disagree. ๐Ÿคทโ€โ™‚๏ธ

You should see how violently I click when smash buying #Bitcoin / #BTC. ๐Ÿค™

Providing value with no expectation of return has always worked for me. ๐Ÿ’โ€โ™‚๏ธ

Don't allow people to strip-mine you, but also don't be selfish with your abilities. ๐Ÿซก

Eventually you will have built up so much good Karma that it will come back to you tenfold. ๐Ÿค™

The Bank: "Self-custody of #Bitcoin is dangerous, twin. Just wait until we set up our internal custodial #BTC service (for a small monthly fee of course) & we'll keep it in the vault for you, fam. Just trust us, bro." ๐Ÿค™

From my experience with dating individual women, I think that the idea of contributing to & maintaining the happiness of multiple women simultaneously sounds like an actual nightmare. ๐Ÿ˜๐Ÿ˜‚

Another one of those concepts that sounds nice in theory, but in practice, would more than likely fail. ๐Ÿค™

I'm surprised you didn't immediately recognize it as facetiousness. ๐Ÿค™

This is #Bitcoin / #BTC, fam. ๐Ÿ’โ€โ™‚๏ธ

Don't trust; verify. ๐Ÿค™

https://www.cryptocompare.com/mining/calculator/btc

HOLY SHIT. ๐Ÿคฏ

Can we introduce a BIP to reclassify "no-coiners" as "read-only users"? ๐Ÿ˜๐Ÿ˜‚๐Ÿค™

Sincerely,

- A #Bitcoin / #BTC Write-Access User

๐Ÿšจ #SOTU (Week 30): #Bitcoin #Newsletter is done!!! ๐Ÿšจ

This past week was another absolutely insane #news week for #BTC & retail/normies better wake the fuck up soon because Wall St. & the big boys are dominating the news cycle right now; make sure you get caught up on all the #institutional plays, #community discussion, #crime, #adoption, #government #regulation changes, " #crypto " fails, network updates & all the other highlights for the week! See you at another #ATH , #Nostr fam. ๐Ÿค™

๐Ÿ“ฐ State Of The Union:

https://exist270.com/sotu

I nuked my site back in December to force myself to finally revamp it (something I probably should've done 5-7 years ago), but I haven't repopulated it yet because I keep getting sidetracked with other projects. ๐Ÿซ 

nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqgzn9kpsmllqnsf7wh5tz3wgy4cclsftqqplv8tpayrhwgw8llunevgnmdf3 Wen this? ๐Ÿ’โ€โ™‚๏ธ

Thanks in advance. ๐Ÿค™

Try " #Bitcoin " all orange, "not" in grey & " #crypto " in a complementary fiat green. ๐Ÿ’โ€โ™‚๏ธ

#BTC gang FTW. ๐Ÿค™

Absolutely. ๐Ÿ‘

If I recall correctly, there's one other consolidation address left, but that one's probably for updated security/HODL purposes; all their dumping addresses are drained. ๐Ÿ’โ€โ™‚๏ธ

Been AFK Nostr-wise & deep down the #AI rabbithole; sorry for the shitty response time. ๐Ÿค™

Well, it finally happened; the local SSD that one of my #Bitcoin / #BTC #Knots nodes is stored on filled up to red zone levels. ๐Ÿ˜ญ

I've been doing tons of local #AI LLM/image/video/audio generation experiments lately (running from the same SSD drive) & had NO idea that checkpoint models, diffusion models, LoRAs, text encoders, outputs & installations would take up drive space so aggressively (a single base model alone can EASILY be 5-30GB & you need many different models to accomplish different tasks). ๐Ÿซ 

All of these models need to be run off of an SSD so that performance isn't degraded to the point of non-usability, so it was finally time for a data re-org. ๐Ÿคทโ€โ™‚๏ธ

==========

STEPS TAKEN:

1. Close Bitcoin Knots.

2. Copy/paste "Bitcoin" folder from existing SSD โ†’ Archival HDD.

3. When the copy is complete, change the name of the old "Bitcoin" folder to "Bitcoin-old" & re-open Knots (so Knots thinks the folder doesn't exist anymore).

4. Choose the new "Bitcoin" directory in the "New installation" prompt & uncheck all boxes to make sure you are still unpruned & verifying all blocks (it will falsely report the disk space available because it assumes the existing data in the "Bitcoin" folder is unrelated data).

5. Knots will then recognize & verify the existing blocks, then sync any new blocks that were found during the downtime.

6. Once you've verified that the migration worked & you're fully synced, delete the "Bitcoin-old" folder on the old drive.

That's it! You're migrated & fully up-to-speed without having to download the entire blockchain all over again. ๐Ÿฅณ

IMPORTANT NOTE:

Make sure you are only copying your own verified blockchain so that you are sure that the block data is legitimate. DO NOT grab the blockchain from any other unverified source, as this can lead to incorrect data issues, misallocated funds & double-spend attempts. ๐Ÿšจ

==========

I'm happy to report that after 8 hours of downtime (I forgot how slow HDDs actually were at transferring data since I run most daily tasks off of SSDs), all drives are happy & I will be able to host this complete, unpruned blockchain node for another 5-8 years before having to re-org any data again (by which time it will be completely feasible to cheaply migrate to a completely dedicated SSD drive that will last for another decade or more before filling up). ๐Ÿ’โ€โ™‚๏ธ

Time to accelerate the AI experimentation into hyperdrive. ๐Ÿš€

Thank you for coming to my TED talk. ๐Ÿค™

Thank you for coming to Corn's TED talk, lol. ๐Ÿค™