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₿rMoon
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Husband, father, and technology enthusiast.

The Internet of Money was launched on January 3rd, 2009. This language, this currency, this wave of innovation is coming. It’s coming faster than you can imagine. It’s deeper than you can fathom. It’s more sophisticated than you can immediately understand. It takes years of study just to see all of the implications.

Antonopoulos, Andreas M.. The Internet of Money Volume Two

Bitcoin is the first system of money that is not controlled by any entity, that is completely decentralized. Bitcoin introduces to money the very same things that the internet brought to communication.

Antonopoulos, Andreas M.. The Internet of Money Volume Two

Not really sure how to tell a browser to use IPv4. FWIW I've tried Brave, Chrome, and Safari. Same syptoms. White screen with these logos. Strangely when I configure Safari to use "iCloud Private Relay" it works.

Collapse is a sudden, involuntary and chaotic form of simplification.

Rickards, James, Currency Wars

Good fortune tellers and palm readers tell you what you want to hear. How? Context clues. What you share with them first.

ChatGPT and similar language models do the same thing. They are programmed to respond conversationally to your prompts. They try to tell you what you want to hear.

If you think ChatGPT confirmed your conspiracy theory, it was only following your conversational lead. You didn't actually hack some backdoor to the illuminati's central data bank.

778271 sure is taking its time.

Immutable Laws of Security

Law #1: If a bad actor can persuade you to run their program on your computer, it's not solely your computer anymore.

Law #2: If a bad actor can alter the operating system on your computer, it's not your computer anymore.

Law #3: If a bad actor has unrestricted physical access to your computer, it's not your computer anymore.

Law #4: If you allow a bad actor to run active content in your website, it's not your website anymore.

Law #5: Weak passwords trump strong security.

Law #6: A computer is only as secure as the administrator is trustworthy.

Law #7: Encrypted data is only as secure as its decryption key.

Law #8: An out-of-date antimalware scanner is only marginally better than no scanner at all.

Law #9: Absolute anonymity isn't practically achievable, online or offline.

Law #10: Technology isn't a panacea.

An important demonstration of the importance of time preference comes from the famous Stanford marshmallow experiment, conducted in the late 1960s. Psychologist Walter Mischel would leave children in a room with a piece of marshmallow or a cookie, and tell the kids they were free to have it if they wanted, but that he will come back in 15 minutes, and if the children had not eaten the candy, he would offer them a second piece as a reward. In other words, the children had the choice between the immediate gratification of a piece of candy, or delaying gratification and receiving two pieces of candy. This is a simple way of testing children's time preference: students with a lower time preference were the ones who could wait for the second piece of candy, whereas the students with the higher time preference could not.

Ammous, Saifedean. The Bitcoin Standard

Bitcoin is the first financial network that exhibits neutrality. In a bitcoin transaction, the network doesn’t care about the source, the destination, the amount or what type of financial application it’s supporting. The only relevant question is, did you pay a sufficient fee to use the network resources? And if you did, your application is valuable. ​

Antonopoulos, Andreas M. The Internet of Money

Bitcoin is an embodiment of the idea of antifragility, which is understood as gaining from adversity and disorder. Bitcoin is not just robust to attack, but it can be said to be antifragile on both a technical and economic level. While attempts to kill bitcoin have so far failed, many of them have made it stronger by ending up allowing coders to identify weaknesses and patch them up. Further, every thwarted attack on the network is a notch on its belt, another testament and advertisement to participants and outsiders of the security of the network.

Ammous, Saifedean. The Bitcoin Standard

The common name for government money is fiat money, from the Latin word for decree, order, or authorization.

Ammous, Saifedean. The Bitcoin Standard

When people call bitcoin a “digital currency,” they’re missing the point. The euro is a digital currency, the US dollar is a digital currency. Less than 8 percent of these currencies exist in physical form; the rest is bits on ledgers. But the fundamental difference is that these ledgers are controlled by centralized organizations, whereas in bitcoin, they’re not. Bitcoin has a decentralized network, an open network. ​

Antonopoulos, Andreas M.. The Internet of Money