Even if you're a fan of Elon Musk and X, here's a reminder that it's still centralized.

Nostr has a deep structural advantage and it's only going to grow in the long term.

Adding 2% bitcoin to a classic 60/40 portfolio vastly improves performance. But most investors are too focused on Sharpe-ratio (based on st.deviation). They see that Sharpe declines a bit. Calmar-ratio (based on drawdown) is a better metric and it improves a lot! Using Calmar: ditching stocks and bonds entirely and invest 4% in BTC while holding 96% in cash, yields superior investment performance. It will take years for large traditional investors to change their risk perspective from st.deviation to drawdown and their risk/return perspective from Sharpe to Calmar. Perspective matters.

Any government that attempts to ban Bitcoin is not a government that works for their people.

Got this cheap and adorbs little m.2 drive enclosure. makes for a nice portable bitcoin node. Also very fast to sync at around 8 Gbps IBD.

I am writing a public article that is partially about Nostr.

What are some easy-to-miss Nostr details that would be worth mentioning? Audience will be a mix of bitcoiners and general macro/investing audience. Mostly I sm writing for the latter- people who may not have heard about it yet.

I already included a Nostr section in my latest private research report, and included a slide about Nostr in a guest lecture at Princeton last week. I am spinning up my research on it over time, with public articles and broader reach being the next phase.

My book draft finished its second extensive edit.

Next week I'll be working on my final edit, now that it's gone through two editors.

If there were to be a book about money in all its forms (past, present, and future), what subjects would you want covered that you currently feel are under-covered by existing monetary books (including bitcoin books)?

Over the next five years, what do you think the chances are that talking about inflation or energy will be censored on centralized social media platforms comparatively to what happened with the pandemic during 2020/2021?

The offensiveness is only going to accelerate, as the fiat system breaks down.

Not as fast as Balaji thinks, but over time.

ah, I think i get it

can you explain this idea of "a github replacement that Bitcoin core would feel safe using." a bit further?

I think we are in the phase of running away from things like Twitter/Reddit to nostr, so the conversation is about that.

But it goes much broader than just social media. It’s a generalized protocol that enables many use cases, and I think the power of it comes in the ability to go from one use case, or client, to another, quickly and easily.

We haven’t seen much yet around this idea but we will.

I’m personally really hoping for a github replacement that Bitcoin core would feel safe using.