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Tommy Volk
9226eda126c62e52a876e837485bd57b0509867bb0c731ee213723c66a1bde0e
Anarchist Software Engineer Making the state obsolete

Yeah 😕 it sucks but it makes sense. Anyone will still be able to allow on-chain pegouts if they run their own federation, but in practice I expect any reasonably-sized federation to intentionally disable them to avoid the state coming after them. Not sure whether on-chain spending will be a first-class citizen in any fedimint wallets, but I think it’s unlikely. Governments are still too powerful.

I think Fedi is trying to move their wallets away from on-chain to avoid being targeted as a coin mixing service

I’m assuming you’re just trolling. If we’re not talking about government, then who in their right mind would be against people climbing Maslow's hierarchy?

Am I the only one who is genuinely having a hard time figuring out when I’m watching men’s sports or women’s?

Makes sense. I did some quick Claude-assisted digging and the cost of coolant alone for a 1.2MW mining setup (~1 shipping container of miners) would approach $100k.

I’m sure it’ll make economic sense someday, but not yet.

Politicians flocking to Bitcoiners now that they need us feels like abusive parents asking their grown children to take care of them as they approach old age.

“No one is coming to save me; no one is coming to make life right for me; no one is coming to solve my problems. If I don’t do something, nothing is going to get better.”

- Nathaniel Brandon

This resonates with me strongly after all of the conference politicization. We need to build our way out of the mess we’re in and make the state obsolete.

Exactly! It seems so obvious but I haven’t heard of anyone doing this. There must be some technical or engineering hurdle - there’s no way I’m the first person to think of this.

Are any Bitcoin mining operations leveraging the Rankine cycle to produce additional power with the waste heat? Would be similar to turbocharging an engine.

Replying to Avatar vinney...axkl

You seem to not understand that a proper web of trust (like nostr:npub1u5njm6g5h5cpw4wy8xugu62e5s7f6fnysv0sj0z3a8rengt2zqhsxrldq3 's proposals) is **subjective**. So yea, YOU control the social credit score you assign to others. Duh.

If you want to take the opinion of some other, external "social credit score" - like one created by a curator of sorts - you are free to trust that curation node as much as you'd like, in your balance of other curators + your own 1st hand opinion.

This is a difficult concept because nothing in our digital world works this way yet (although it is exactly how your brain works. Thus the obviously-correct nature of this solution)

A decentralized network cannot have anything but a subjective trust metric if it wants to retain the qualities that make it useful, powerful and open.

nostr:nevent1qqs0yl8lh532gaw8kxza8gyunm779syn7lc0cjqgwe48tay0ladn5vqppemhxue69uhkummn9ekx7mp0qgs80njklzw3y28hlum58ns66xe9fptmjqy9v3e8a026ruchxchkefcrqsqqqqqp2dtq9l

I've had trouble describing this to people as well. The state ruins everything.

Reputation network + top-down state coersion = social credit score

Reputation network + bottom-up voluntary association = web of trust

🤔 I think the US govt needs to look in the mirror

Replying to Avatar Gigi

mood

Ugh I wanna go watch Wallace and Gromit now

Similar advice I heard when learning parkour:

Slow is smooth, smooth is fast