Yes

LSP, coinjoin, DLCs, and premium subscriptions. Is our current list of ideas.

when the sun is shining, there is a light breeze in the air, and the birds are chirping, I like to close my eyes and drift away to a dream where I was in the seed round for Mutiny Wallet

It's easy to miss the speed at which civilization is accelerating major technological advancements.

There have been roughly eight major turning points in human history. Most of them didn't involve any fundamentally new idea - they just used the advancements going on in the background to make a new thing work. And since those advancements built upon each other, so too were we able to make more and more small advancements at faster rates.

The first was language, around 60,000 to 100,000 years ago. Language allowed humans to begin preserving knowledge from generation to generation, meaning that each generation didn't have to relearn everything. Some other animals can pass on a few things - other primates teach their children how to use tools, for example - but not with the speed or detail allowed by human language.

The second was agriculture, around 10,000 years ago. Before the rise of agriculture, humans spent most of their time just getting enough food to live. After it, you could spare enough resources to have people start to become experts in things. One person could become an expert at computing things, another could become an expert tailor, and so on. Those specialists pushed the boundaries of their fields forward and shared what they learned through language.

The third was writing, around 5,500 years ago. Writing was a *huge* step forward. Now you could pass information on without having to have an expert sit down and tell you. You could keep track of things for generations, and find patterns in what you kept track of. For example, a lot of early mathematics was worked out to predict celestial events like eclipses, which you could only do if you had reliable records of when eclipses had occurred in the past.

The fourth was the printing press, around 600 years ago. This kicked writing into high gear and made information orders of magnitude more available (the printing press could produce copies of text around 100x faster than previous printing methods).

The fifth was the Scientific Method, around 400 years ago. While earlier scientists had existed, the scientific method turns out to be a much more effective way to test ideas than most previous frameworks, which tended to *start* with logic and try to *explain* observations, rather than *observing* observations and trying to design theories that fit them.

The sixth was the factory and mass production, around 150 years ago, which was made possible by massive advances in chemistry, engineering, and materials science enabled by the scientific method. This made the tools for experiments, data collection, and observation far more available, not just things that could be afforded by a few very wealthy researchers (or those funded by wealthy benefactors.) Automation wasn't new, but advancements in things like metallurgy, steam power, and electricity made automation *work* in a way the machines of the ancient world didn't.

The seventh was electronics, which was spread throughout the 20th century. The rise of electronic machinery allowed a whole new range of observations and a new level of precision. Again, this was only possible because factories permitted the mass-production of electronic components and because materials-science had advanced to the point that things like the transistor - a key component of all modern electronics that makes logical circuits possible - could be produced.

And the eighth major leap forward was networking, currently in the form of the Internet. The idea of a network, of course, was not new. Networks of information date back to the ancient world. But advancements in speed and precision via electronics, and the creation of vast networks of infrastructure through mass production, made it possible to instantly send vast amounts of information around the world on demand.

In general, it's best not to think of leaps in terms of "one big idea." Big ideas are enabled by a million small advancements, and many big ideas have been conceived numerous times before someone turns the big idea into a working thing. The pace of progress gets set by those small advancements, not by how many big ideas are thought up.

We stand upon the shoulders of giants who stood upon the shoulders of those whose names are lost to history. Will the next major turning point be AI? It's a bit early to say for sure, but it's certainly promising...

It is a direct critique of socialist thinking and actually has a lot of substance if you can grasp what it means.

Capitalism initiates the process of civilisation, socialism works the other way around, i.e. towards primitive life outside of civilization. The only sound argument one can make against capitalism is not an argument, it is making monkey noises and throwing your own shit at capitalists. What this means is that you cannot criticise capitalism without using its tools.

However, your personal hatred of Saif bears no significance towards the validity and utility of his ideas. The fact remains that he has greatly advanced and connected Austrian ideas with Bitcoin and offered a great analysis of money and time preference. Sure he is biased and at times “toxic” like everyone else including you, but this is certainly no reason not to appreciate his work.

You clearly haven’t read a darn thing about Austrian Economics have you?

I can see why this kind of colorful bullshit prose appeals to a certain type of Bitcoiner, but there isn't any substance to this. Idiocy.

#[4]

My favourite quote from #[0]​‘s new book.

What part of it is BS? Feel like I’ve learned a ton about BTC through his book but wouldn’t be able to tell the difference on fact from BS tbh.

Ya this is a significant downside of silent payments. I think the custom sync is worth the downside. Could implement both legacy sync and silent payment sync for users of the feature

Why no lightning address, sir?

Where am I supposed to toss them sats... You can't just rob me of the joy of zapping great content!

That's a good point actually.

However the receiver ultimately has to run a custom synchronization to find his coins, so legacy wallets won't work.

The trick is that in the coinjoin there are input owners who are neither the sender nor receiver of that payment, but these unrelated parties must perform some actions in order for the silent payment protocol to work. (some crypto magic, blind diffie helman or something like that, I forgot the details)

There needs to be input from senders not receivers, no?

Correct, however, there needs to be interaction among EVERY input owner to that transaction, that's where the unreasonable complexity comes in.

Idk, either you add the silent link interaction, or the Nostr interaction, the second seems a lot more useful.

If you want to know who not to trust, look at who benefits from the money printer.

Just finished reading this beauty!

Yes, still it's a big disruption that we generally want to avoid.