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Replying to Avatar Fedimint

🚀 Our H1 2025 Recap is here! 🚀

Introducing Vipr Wallet 📱 by nostr:npub185u4z6rjk0qawhqjexqz4vkhd86d29csz7nt3myhv3ahtcq2xxzqvnkvuy, empowering Bitcoin projects like Bitsacco in Kenya 👨‍👩‍👦‍👦, and advancing community custody with new releases and node integrations 🖥

Join us in shaping the future of #Bitcoin! Read more: https://fedimint.org/blog/2025/06/30/fedimint-review-first-half

https://blossom.primal.net/3691898b1fabb0c8d96b565e93684945c4bcb053aa2ae5acd6d2e72ba85cfb72.webp

Everyone on Nostr is excited about Cashu and sleeping on Fedimints. This is unsurprising because with Fedimints, you need to build absolute trust that a (pseudo)anonymous Cashu mint operator could never achieve. Fantastic work, folks—never stop.

Wen BTC on signal???

No.

Empires are built when you seek control. Bitcoin isn’t here to construct empires; it’s here to demolish exit doors for them.

You don’t need an empire when you possess freedom, scarcity, and truth.

It’s revealing how tail emission advocates behave like central bankers: “Trust us, we know the future. We’ll inflate preemptively, just in case.”

Sound familiar?

“The economy needs stimulus.”

“It’s just 2%.”

“We’ll taper later.”

Same rhetoric, different actors.

Here’s the undeniable truth:

Easy money fuels bloated governments, false growth, and endless bailouts.

Hard money builds civilization.

Bitcoin is for those who refuse to beg rulers for a system fix.

It’s for those who walk away confidently and never look back.

Not building an empire.

Creating a way out.

Why Do Tail Emission Advocates Sound Just Like Central Planners?

Have you ever noticed how every argument for tail emission starts with a prediction?

- “Fees won’t be enough.”

- “Miners will quit.”

- “Bitcoin won’t survive without perpetual rewards.”

- “Users will demand inflation later.”

Here’s the problem:

They’re not addressing a real failure. They’re trying to fix a problem that exists only in their imagination.

That’s not decentralization—that’s central planning in disguise.

Bitcoin already has everything it needs:

✅ Dynamic difficulty adjustment

✅ Growing fee markets

✅ Voluntary participation

✅ A fixed supply of 21 million BTC

And it’s working. Right now. Without any intervention.

The hard cap isn’t just some number; it’s the social contract that gave Bitcoin its legitimacy in the first place.

Mess with that, and you’re not just “tweaking incentives"—you’re reshaping what Bitcoin truly is.

If you believe in decentralization, you don’t demand control just in case.

Trust the free market to adapt—like it always has.

TL;DR:

Beware anyone saying, “We must change Bitcoin today to save it tomorrow.” That’s how fiat systems justify sacrificing principles for short-term gains.

Replying to Avatar hodlbod

Nostr was mentioned on my favorite cryptography podcast today, Security, Cryptography, Whatever — they didn't spend a lot of time on it, but here are some highlights:

> It’s federated and it’s European. I bet it sucks.

> It’s some Ayahuasca inspired initiative from. From Messrs. Dorsey et al.

> Yeah, sure, it’s decentralized and federated, but like their proposal for encrypted end to end encrypted DMs was just bad by itself.

> When I reviewed this, my description of this was it looks almost exactly like Nebuchadnezzar [https://nebuchadnezzar-megolm.github.io/], which is like a fractal of things that could have gone wrong with like a complete ecosystem of like a secure messaging system. They found flaws in almost every component of that system and then tried to leverage them as far as they could.

You can read/listen here: https://securitycryptographywhatever.com/2025/07/29/vegas-baby/

They also mentioned a talk that's going to be delivered at blackhat on August 9th which sounds super interesting:

> In this session, we unveil the first comprehensive security study of Nostr and its popular client applications, demonstrating how subtle flaws in cryptographic design, event verification, and link previews allow an attacker to forge "encrypted" direct messages (DMs), impersonate user profiles, and even leak the confidential message from "encrypted" DMs.

Here's the link to the agenda entry for the talk: https://www.blackhat.com/us-25/briefings/schedule/#not-sealed-practical-attacks-on-nostr-a-decentralized-censorship-resistant-protocol-45726

I'm looking forward to learning how we've screwed up — there aren't a lot of cryptographers here, and I know that open protocols make security even harder to maintain. Maybe we've screwed up irretrievably, but I'd rather know now than later.

Replying to Avatar Peter McCormack

Sorry, I don't use Primal much apart from posting podcasts but I thought I would share some of the work we are doing here trying to fix Bedford.

Beyond starting a football club and owning local businesses, I have become active in trying to fix the endless issues in the town.

We have economic issues, in that businesses are under pressure from the economic climate as well as growing government red tape. This is being compounded by a massive rise in anti-social behaviour. We have a plague of addiction issues, with large numbers of crackheads, alcoholics and shoplifters in the town. We have a rise in crime, including assaults on women.

This is not a good situation.

Two months ago I threatened the police, that if they did not fix the issue then I will. During August I am funding a private security initiative in the town, where 10 security guards will be deployed across the town as scarecrows, providing a security blanket for residents and businesses.

We have met with the local police and our activity will be coordinated with them. We are also trying to work with the local council too. I am considering establishing a shadow council in the town, outside of party politics, driving civic action.

Alongside the private security, we are building teams for cleaning, events and marketing to drive economic activity in the town.

I just thought I would share this. Bitcoin world has become a little stale to me, it is time to get out there and do things. The UK is pretty fucked at the moment so it is fight or flight time.

It’s like a coin in a country fair that is redeemable for bitcoin; you have to trust the fair operators not to rug you, but you get high privacy because there is no KYC

Not your kinetic hole puncher, not your keys, not your coins.

Monad-style modeling lets you compose dynamic and non-linear workflows, and you can sometimes parallelize independent computations inside those monads. But when monads carry dependencies (state, effects, context), you still chain operations: each result often needs to flow into the next, even if the path is dynamic. So even outside strict sequential models, the “engine rebuild” problem remains—at every decision point, you often need data produced by previous steps.

In practice, modeling can be flexible and dynamic, but reasoning about one problem usually hits the same wall: not every step can run in true parallel, because you’re still passing unique “ingredients” from step to step.