Repeal the Espionage Act, then no need, right?

Do you notice anything unusual about block 000000000000000000020da0f26335b687749ffa4543533c37a08957bade24c5 (BTC block 795524)?

I got into bitcoin for day to day spending. I'm still hoping that day will come.

I recently learned one can also switch to a local account after setup instead of the MS login.

GPT is the general technique (OK), ChatGPT is the Open[sic]AI product (garbage).

Easy, Free/Libre alternatives abound at https://ollama.com, examples include https://ollama.com/library/qwen2.5-coder and https://ollama.com/library/mistral-nemo.

Was any crime committed?

Oh, I see. I think the rest makes up for it.

Draw it for number of vendors who have actually accepted Bitcoin as payment in at least one exchange during the given year.

Now draw it for number of people who hold their own coins.

I still look forward to seeing valid criticism of Kaspa here. I think folks are weary of so many shitcoins that they don't feel like taking time to investigate anything non-Bitcoin.

Is DNS a weak point for nostr relays? Can a relay run successfully without a domain name?

I suppose this is what lightning attempts to solve, yes. I don't know enough about lightning other than that it's an off-chain "layer 2" attempt at solving scalability. It doesn't sound like the best path to me but maybe it will be OK eventually. I don't know about coinOS.

Can you elaborate?

Except they have no way of figuring that out until the actual liquidation happens. Perhaps declaring the interval would be good, along with the range during that interval, for example, over the past 30 days the lowest exchanges would be this cap while the highest would be that cap. Or maybe if there were a way to see the proportion hodled during that same interval. But the "volume" that they report, do we know how much of that volume is repeat volume (same stock traded over and over during the interval) versus unique volume? I doubt it, right? A hard problem. The simple market cap based on the latest trade price is still a nice way to compare stocks.

The only custodian experience I've had is a pool that ended up stealing. Bitcoin has worked well without custodians other than the fees, lag, and lack of privacy.

There's nothing technically wrong with offering custodial tools. In some sense I am a custodian. The default for whatever money should still be self-custody and privacy at scale. If you can make useful custodial options, that is great, keep up the good work.

I think much demand for stocks, bonds, and real estate would be replaced with demand for sound money if sound money were available. People don't hodl fiat money because it depreciates. If Bitcoin were money, some demand would shift from other asset classes into Bitcoin, thus increasing that so-called limit. A key Austrian insight is the true uncertainty about preferences of people in the future. So we cannot make quantitative predictions about price relationships with any certainty. We simply don't know what the configuration of prices would be because we cannot know what future preferences are.

To explain, and this continues the discussions in two other threads linked below, if you sum the market cap of the S&P 500 (45T) with US bonds/treasuries/etc (36T) and US homes (50T), you get 131 trillion USD. But US M3 (broad money) is only 21 trillion USD, less than any one of those three figures. Oh, but you might say, there is global demand for all three of these, so we need to use global M3. In that case, global M3 would be approximately 80 trillion USD, still far less than the market caps for these other assets, and also less than any two of those asset classes combined, which does not account for many many other goods. There is no contradiction. It means that "market cap" is a kind of index for comparison and does not imply that there is a corresponding amount of money actually available. Money is its own good with its own supply and demand. Exchange takes place on the margins of both the money and the good or service. I'm not saying market cap is not a useful tool for comparision. But there is no contradiction between a market cap of over 21 million Bitcoin and there only being 21 million Bitcoin available, even in a world where all the money were replaced with Bitcoin. At the same time, yeah, Microsoft is overrated no matter how you figure it, but that's a different statement for a different reason.

Previous discussions are nostr:nevent1qqsqpvlqxgl97qwy0jl3vyruhtr6uy46ftu3p6zqetw4qy0t4e8g3sgpzpmhxue69uhkztnwdaejumr0dshsz9mhwden5te0v96xcctn9ehx7um5wghxcctwvshsz9nhwden5te0v4jx2m3wdehhxarj9ekxzmny9upzq6dm

and nostr:nevent1qqstd00y5fsphpjrmw0fvurtmt5wj5z97cjzpt5q23m6g5tsjyh9p4qpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qyg8wumn8ghj7mn0wd68ytnddakj70rp0a4

Off and on but not that one specifically.

Similar to how it cannot be worth 3.32 trillion USD. Start trying to get that by selling most shares of MSFT and see the cap drop.

Doh. I hadn't seen this note until after I wrote in the other thread. Disregard. Thanks for posting the solution.