summer mode

lol

Now worries I totally get it man, different ppl have different levels of trust they are ready to try out, peace and love 🤙🏼♥️

Oh for sure man don’t get me wrong, for the main stash of course it’s self-custody.

Here i was talking in relation to other services (cashu banks, smart-contract, etc)

I don’t get when you say “they can generate a new private key”. If they move the funds to the new address you can simply track it (prof of reserve topic)

Anyway I was listening to Alex B. on the “all in bitcoin” podcast. I think he was rightly saying how we sometimes underestimate the concept of reputation (he was talking about in cashu banks topic). Sure they can fuck you over and run with your money, but they’ll lose trust forever and all future profit (they are actually inventivized to not fuck you over). In time will emerge the Trusted ones.

For sure we can never have 100% trust and sleep like a baby, but it surely will get better as the incentives will change and companies will be incentived to act in more trustful manner (on top of the fact that it’s getting easier and easier to move around and choose a different company)

I think the point that Max was stressing is “make betrayal detectable”; you can actually verify objectively if they fucked you over, and so they will lose market trust forever (as opposed to now where you cannot verify objectively what they say/possess)

Digital trust isn’t about knowing who you’re dealing with, it’s about knowing they can’t cheat without consequences. Smart contracts, zero-knowledge proofs, and cryptographic signatures make betrayal detectable and costly.

My last 3 Papers, A New Hole Universe, The Universe White Paper, Bitcoin - From the Black Hole to the Star and Back Again, rate me against the greats by ChatGPT.

Probably Nothing to See Here.

Spam filters do not keep arbitrary data out of Bitcoin blocks. If miners want to include a consensus valid transaction, then it goes into a block.

Narrative evolution in the political battle to undermine Bitcoin as a monetary network:

1. There's no such thing as "spam" in Bitcoin. Transactions are either valid or invalid.

2. OK spam exists and it's a problem but it'll get priced out by genuine monetary activity.

3. OK the trend in the opposite direction is clear, but the proposed solution of filtering spam at the mempool level does nothing at all as miners can still include this stuff in blocks regardless. (And despite the fact that spam filtration is something we've always done, it's somehow now "censorship" as of spring 2023).

4. OK filtering actually works extremely well and is basically forcing some BitVM schemes to use fake pubkeys instead of OP_RETURN which - for the sake of *maybe* preventing a few KBs of UTXO bloat a year - we need to aggressively resolve *now* by forcing nodes to relay giant OP_RETURNs by breaking the datacarriersize filter in the hopes that BitVMers use OP_RETURN instead.

5. OK yes, this is total and utter submission to the attempts to optimize Bitcoin for data storage as opposed to monetary activity as per every other meaningless crypto but hey, we are just Bitcoin Core and you can run something else if you don't like it - isn't open source wonderful?!

6. OK if large numbers of Bitcoiners actually start running something other than Core we'll simply ignore the message being sent loudly and clearly - that a growing % of people running nodes have no interest in becoming free relays for spammers and miners and that in a sane world, the default implementation puts the priorities of monetary users above scammers and even miners.

7. OK we will invoke disaster scenarios that must come from spam filtration - centralized mining, bad fee estimation, poor block propagation - combine with other fear tactics about "Knots being maintained by one guy".

8. Respond to all debunking of the above disaster scenarios with simple assertions that those who disagree "occupy something other than reality". Rest on laurels of deeply established trust of Core that it is extremely painful for people to question.

Contrast all this with the "filter-boi" side which have not needed to twist themselves into Knots trying to justify the unjustifiable -

1. Spam filters work, they optimize Bitcoin as a payment network rather than a generic database.

2. If you let filters fall into disrepair or maliciously break them then Bitcoin fails the same way cryptos always do - nodes become an abused and disregarded commons while we pretend we're decentralized.

i periodically will try to sit down and write ✍️

but inevitably i wind up feeling what im trying to say could more concisely be said in a few sentences. i don’t want to feel like Victor Hugo writing an entire section about the sewers of France to increase the word count of Les Miserables for a larger payout. substance over verbosity so to speak.

maybe the ticket is to collect these shortened blurbs and put them im a sequence someday.

or just post nostr notes. 🤷

gn nostr

Intelligence and wisdom are two very different things.

You need both.

one last random thought of thr night:

ai probably won’t help half the world’s population maybe even more. reason is simple. garbage in garbage out. if you can’t think or articulate clearly ai is useless to you.

Weird how it's taking this long for stuff like this to start happening

Also fucked up how it feels like Trump is gonna keep disregarding the first amendment and try to ban people from speaking truth about stuff like this on nostr

Weak gaslighting attempt. Go back to facebook or X or wherever you're from

Weak gaslighting attempt. Go back to facebook or X or wherever you're from

Sorry that happened to you, hope you're in a safer region now 🤙

Because choice is good. The AI can easily think about options moving forward, but it doesn't know which one I would want.

I want the AI to predict everything I might want to do with a response and create buttons accordingly. I shouldnt need to describe what I want it to do.