Money=time=energy=Love

Same currency

ARGENTINA INFLATION HITS 98.8% Y/Y.

What people in the G7 fail to realize is that the global sinking fiat ship is going down extremely hard for MOST citizens of the world. The demon they are dealing with is so obvious when 98% inflation eats every enterprise in sight. And the solution is just as obvious once they get their hands on it. Good luck trying to stop billions of eager people that get a taste of sound sailable money and free speech.

Thank god for Bitcoin and Nostr!

Who’s missing here from Bitcoin Twitter?

Thanks, it’s just a very simple method.

I am giving a talk at MIT about Nostr. Audience is mostly entrepreneur-oriented design/engineer students.

What should I cover?

I am thinking intro, arquitecture, event types, filter types, account management and nips. Ending which: why no Blockchain, no token: what will you create?

I am giving a talk at MIT about Nostr. Audience is mostly entrepreneur-oriented design/engineer students.

What should I cover?

I am thinking intro, arquitecture, event types, filter types, account management and nips. Ending which: why no Blockchain, no token: what will you create?

To truly get Bitcoin's value proposition, study economics first and technology second.

There are plenty of people that understand the technology of Bitcoin, but haven't bought. Much more important is an understanding of economics and the monetary properties of Bitcoin.

Probably nothing

#Nostr

How to reply to a PoS shitcoiner:

PoS has been around for thousands of years, it's nothing new. Government money is proof of stake, as are company shares.

Egyptians, Romans, and Chinese were using this 2000+ years ago. Italian city states perfected it 800 years ago. Stake based systems are not new.

Using stake to solve the Byzantine General's Problem is also not new. Cypherpunks have been working on this shit since the late 80s.

The cypherpunks on the mailing list (that Satoshi sent the white paper to for peer review) are literally the people who created the *entire body cryptographic of work* used by proof of stake coins today (stake based byzantine fault tolerance). They are well aware of the fundamental limitations of stake based BFT because they are ones who came up with it in the first place...

If Bitcoin was proof of stake *you would never have heared of it* because it wouldn't have survived 5 minutes of peer review by any real cryptographers.

Time-based difficulty-adjusted PoW *is* the breakthrough and is the *only* reason you and anyone has ever heard of a "blockchain".

The failure modes of stake based BFT are well known, and it fails *every time* for a number of reasons, but if you are betting on a shitcoin to increase in value then the failure mode will probably involve the fact that stakeholders have an incentive to increase the supply to benefit from the cantillion effect.

Mathematical fact: you cannot deploy external capital to defend a system that is secured by internal history (stake). This is why stake based BFT does *not* secure against attack by a state or central bank, which means *anything* secured by PoS MUST comply with governments.

Bitcoin's value proposition is that Bitcoin let's you do things that bankers and governments *don't want you to do*. If bankers and governmensts can nuke your shitcoin, then you do what they say or they nuke it.

What's the value proposition beyond CBDCs if your shitcoin ultimately has to comply with governments and bankers?

You cannot out-stake a bad actor who has aquired sufficient stake to fuck with the system, your only option is to fork them out. Then it becomes a competition between charismatic personalities convincing the market to follow their authority (their fork) instead of the other guy.

So how do you solve the problem of removing a bad actor without requiring some form of authority? Read the Bitcoin white paper. Satoshi knew exactly how stake based systems fail, that's *exactly* why he used proof of work instead.

Strange, which phone do you use? Most phones i have tested take multiple languages. In theory that's how you should setup the phone if you are bilingual.

Option to disable is coming.

You can do for certain languages. The app doesn't translate from languages setup in Settings/System/Language. More options are coming.

Sends a message from anybody to all your relays.