If your Christmas dinner isn't a 14oz sirloin, you're missing out
This is my complaint, too. Quite frustrating how high spec a device has to be to render at 4k60 in a browser, but native apps will run fine on a raspberry pi 🤷♂️ it's almost like we need a new, simpler browser protocol that'll run closer to the bare metal.
Weird weather, yesterday, but I'll take it
Who's got the client list?
You know, the one the feds have been covering up.
Impossible. The society with tear itself apart due to no one producing the goods which the money would be used to purchase. Either the startup costs world be too high with hard money, or the fiat currency will crash in value when it's printed into oblivion in addition to the problems fiat currency already has.
Check out our latest Frostsnap prototypes.
Hardware wizardry nostr:npub164hqu5x5jn0smy7ftfdzadsv3ncv9myay5e3fpqgc8a7exnq8tkqe89e55
App ingenuity nostr:npub1xh897wvhn93tda0zws94mdyc7eagc8qm0798clp7x48zh6kjwazq29gst6
Welcome to the future of #bitcoin self-custody ❄
https://frostsnap.com/demo.mp4
Frostsnap is a mobile-first hardware wallet 📲
Begin your self-custody journey by plugging Frostsnap devices into your phone and naming them via the Frostsnap app.
Choose a security threshold and begin key generation to easily set up a multisig wallet in a matter of seconds.
In this demo we create a 2-of-3 multisig between the devices. A threshold of two means we need any two of the three devices to sign in order to spend funds from the wallet. ❄️🔒
Daisy-chained Frostsnap devices participate in distributed key generation, each contributing entropy to a joint secret shared across multiple devices.
No single device knows the overall secret, only a fragment.
You, the user, can easily verify the key was created securely ✅
After creating a new key, you can hide your Frostsnap devices in different locations or share them among people you trust. 🏘️🏝️👨⚖️
When it comes time to make a bitcoin transaction or sign a Nostr post under your Frostsnap key, you must sign on multiple devices.
Frostsnap is crafting a whole new Bitcoin experience,
And we're fixing the problems of self-custody today:
security, accessibility, cost, and privacy.
Frostsnap is making #bitcoin ownership easy, personalized, and secure.
Stay Frosty ❄️
Whoa! That's awesome!
The root of the word is polis, as in a city, and a polity is the people of it. Politics should be about how to live well in community, and it will always be around because of human nature, but we unfortunately often lose sight of its true purpose and it gets corrupted with infighting and total lacks of principle beyond group identity (aka tribalism).
Let's breing back the art of living well together.
Yep. Recovering dust is not always practical, and people die without sharing keys, in addition to boating accidents and user error.
I think adding zeros to the ledger will have to be done at some point, like once every hundred years, but maybe more frequently at first until user error is effectively eliminated and individuals stop directly interacting with L1.
On the Tesla thing:
Disclaimer: I don't subscribe to the view that we have a climate crisis, so I'm not saying this defending the impact.
The point of buying a Tesla is an investment into the development of the technology, not the current state of it. Of course, the first couple decades of a new technology will not be exactly better that the thing it's supposed to replace, and that counts for the performance (power/range/materials longevity/etc.) as well as the sourcing and manufacturing (mining/smelting/processing/machining/etc.). To expect so is not entirely reasonable.
Human cost is the big one for me. I already negatively contribute to that because I use devices with batteries, so I'll not be buying one at least until clean, responsible, non-exploitative, and humane mining practices are developed and put in place.
I do like the idea of EVs, being a superior technology though in infancy, so I'd consider it if it becomes financially superior too.
It's what they're best at doing: taking money.
Government loans and subsidy, and fractional reserve lending in general are immoral. If not for that, degrees would be priced correctly and loans would be unnecessary, because motivated people could work themselves through school like they used to in the eighties.
No college debt is a flex over college debt, and skilled trades are a flex over not finding a job in your field. The degree is a proxy.
Degrees are good, but they're way overpriced and are made meaningless by flooding the market with too many "educated" (but not really) people.
Trouble is that the powers that be, the real banksters, have a lot more control over the ultra-rich than we like to think. Moving that much money out of USD and into Bitcoin may easily get shot down. Once in Bitcoin, however, no one can tell them "no".
Money is abstracted social credit, a symbol of reciprocal exchange, and the storage of work/exchange of goods.
I think it is more accurate to say we discover it like we discover mathematical and psychological truths, and it is also something that can be lost, forgotten, and rediscovered.
I think Bitcoin is the modern rediscovery of what money truly is.
Other Maxis: Can anyone share the math that get's them to 9-figures in pre-2020 USD equivalent value?
I can only reason to low 8-figures and haven't been convinced of mid-8-fig or 9-fig arguments, unless we expect much more than 10% of all wealth storage to be monetary (converted to BTC)
If all the world's wealth was converted into Bitcoin, $450T into 21MBTC results in $21.4M / BTC
#ask Nostr #Bitcoin #Bitcoin Maxi #Bitcoin Maximalist #maximalist
The highest I can reason is roughly $10M/BTC expected max (in pre-2020 dollars), unless it converts much more than 10% of all non-currency wealth storage, like stocks, real estate, and such. I see 250× in my sights, but a 2500× to go is at this time almost unfathomable.
What's your math?