Under a fiat monetary system, banks issue loans and create deposits for clients many times their cash reserves. This system is spectacularly profitable for banks since it allows them to keep their money in one place while lending in another location, the fiat version of a bitcoin double-spend transaction. A bank can operate on fractional reserves perfectly fine unless and until a critical mass of its customers all come calling for their holdings... Should the fractional reserve house of cards begin to collapse, as it inevitably will, the banks know that the government will simply conjure credit out of thin air to bail them out.
Ammous, Saifedean. The Fiat Standard: The Debt Slavery Alternative to Human Civilization
Trying to get your NIP-05 identity self hosted?
If your domain has a Wordpress site, try this technique to enable CORS. Modify the .htaccess file (using ssh or ftp) by adding these lines to the top of the file:
# Set CORS
Header set Access-Control-Allow-Origin "*"
# Set CORS
10 BTC is not chump change. That would be an impressive zap.
#[0], the john madden of bitcoin, sharing wise words on ordinals. Its stupid AND its good for bitcoin. https://www.youtube.com/watch?v=HmzgKX91zKc
Truth depends on where you are standing. 
List of cool Nostr stuff. https://www.nostr.net/
Perfect time for an empty block!
Switched my LUD16 back to WOS.
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
What is a spam transaction? What is a legitimate transaction? What is an illegitimate transaction? There are two ways to answer this. One is a paternalistic, top-down approach that says, this is what is allowed, this is what is not allowed, and by making a list, we will prevent the network from filling to capacity.
But that breaks the fundamental capability of bitcoin, which is net neutrality. Bitcoin doesn’t care who the sender or the receiver is, what the application is, what the value of the transaction is. All it cares about is, did you pay the fee? If you paid the fee, your transaction is legitimate by definition because you thought it was legitimate enough to attach that fee. The very act of paying the fee legitimizes the transaction.
Antonopoulos, Andreas M. The Internet of Money
Export your data from Twitter.
You can request a ZIP file with an archive of your account information, account history, apps and devices, account activity, interests, and Ads data. You’ll get an in-app notification when the archive of your data is ready to download.
Trolls just like attention. It makes them feel good to get reactions. Block and ignore.
