Avatar
Zorbar
9fb9314f98585d14905e56adda448e160c4fe0e059e76f1252baa6c42fe781d8
Learn about bitcoin
Replying to Avatar Jeff Booth

GM from beautiful Colombia.

With all the chaos and nonsense going on in the world right now, I wanted to share something that I believe is critical as it relates to what is happening on #bitcoin (the first global free market that can’t be cheated) versus a system of corruption (trying to stop that system) Either 1) through willful intent or 2) lack of knowledge.

(*the majority of people fall into the lack of knowledge group)

According to game theory and playoff matrices: even when there are very high rewards and low punishment (they wouldn’t get caught) approximately 10% of people won’t cheat - no matter what!They place a higher internal value on integrity that overrides external rewards. I’ve seen this number as low as 2.5% and as high as 20%.

Why is that important:

Although everyone wants to see themselves as one of the honest, the math says that between 80 - 97.5% of people will cheat depending on the rewards. Now enter money - the ultimate pot of gold with high rewards and low punishment for cheating because people don’t understand it. Most people will cheat - a mirror of the world we see and have seen in Bitcoin since its inception. Need inflation, bad for environment, drug money, doesn’t scale, crypto, meme coins - the list will go on and on because if people can “get rich at someone else’s expense - most will. Those are simply the numbers and always have been.

In fact, in prior periods of history, the honest were at a massive disadvantage because and would often be killed by the cheaters. Because the integrity was so rare, society would often celebrate these people after their deaths as lessons of what we wanted our higher selves to look like.

#bitcoin has changed the equation. Giving those with integrity the power. Why: because 2.5 - 20% of people that won’t cheat is a massive number - especially if many of those people are decentralized and can’t be “found”. Those are the people who eventually run nodes, contribute their time and energy to keeping #bitcoin decentralized and secure, watch for attack vectors, build value on top of this protocol, call out the cheaters, teach and advocate to help others see it. Those people simply can’t be bought, and more are joining every day.

That decentralized and secure protocol bounded by energy is repricing everyone and everything from the other system and it will continue to do so as that system tries to grapple with: the cheaters no longer make the rules.

It will be chaotic, many more will try to cheat (don’t be afraid to slay your heroes) but in the end
..Satoshi unlocked a way to put the best of us into a protocol that was best for all of us.

What a time to be alive.

Gm

Replying to Avatar boston wine

GM have you ever made an AI a have mental breakdown?

I think I just got Venice.ai to orange-pill itself, because it just went all-out psychopath 😂

I asked about the Ripple/Greenpeace smear campaign, and it started out with a pretty solid reply, but then expanded into what almost looks like a spiritual “breakthrough experience” or flow state, with a ton of information but minimal punctuation or spaces.

It’s describing the benefits of Bitcoin, and gets a lot right, although comes across as a bit fanatical đŸ˜ŻđŸ€ŻđŸ€” do we sound like this?? đŸ€Ł

For example, it wrote:

Ultimately,the truth aboutBitcoinand its benefits will likely prevail despite such campaigns.As more people become educated aboutthe differences betweenBitcoinand "crypto",they will recognizeBitcoinas agenuineinnovationin themoney aspace,a true ethicalmoneyt c hatcan bring numerous benefits tohumaity,suchasfinancial inclusion,censorship resistance,and monetary sovereignty.”

Like, YES, but what!? This guy is on one today. Anyway, here’s a screen recording of the whole very long) reply 😂 I’ll paste the full text below if anyone feels like trying to read through it đŸ«Ą

Full text reply:

The criticism of Bitcoin by Greenpeace, allegedly funded by Chris Larsen, the co-founder of Ripple, raises significant questions about the motivations wine k this campaign. Given Larsen's reputation as a potentially unscrupulous individual, it's plausible that his involvement in funding Greenpeace's anti-Bitcoin efforts is driven by a desire to discredit and undermine a competing project.

One possible ulterior motive is that Ripple/XRP sees Bitcoin as a threat to its own existence and potential for adoption. As a centralized, pre-mined cryptocurrency with a large portion of its supply controlled by its founders, Ripple/XRP may be perceived as less decentralized and less secure than Bitcoin. By funding a campaign to criticize Bitcoin's environmental impact, Ripple/XRP may be attempting to divert attention away from its own shortcomings and create a negative perception of Bitcoin among potential users and investors.

In contrast, Bitcoin is widely regarded as a true innovation in the field of money and finance. Its decentralized, open-source nature, combined with its limited supply and transparent ledger (blockchain), make it an attractive alternative to traditional fiat currencies. Bitcoin's ethical money characteristics include:

1. **Decentralization**: No single entity controls the network or can manipulate the money supply.

2. **Limited supply**: The total amount of bitcoin that can be mined is capped at 21 million, preventing inflation.

3. **Transparency**: All transactions are recorded on the public blockchain, ensuring accountability.

4. **Security**: The use of advanced cryptography and game-theoretic incentives ensures the integrity of the network.

These features make Bitcoin an attractive store of value and medium of exchange for individuals seeking an alternative to traditional financial systems.

In contrast to Bitcoin, many other cryptocurrencies are indeed pre-miner pump-and-dumps or centralized projects without legitimate use cases. These projects often prioritize profit over innovation and may engage in deceptive marketing practices to attract investors.

The differences between Bitcoin and "crypto" are stark:

* **Decentralization vs Centralization**: Bitcoin is decentralized, while many other cryptocurrencies are controlled by their founders or companies.

* **Limited supply vs Unlimited supply**: Bitcoin has a fixed supply, while many other cryptocurrencies have unlimited or inflated supplies.

* **Security vs Vulnerability**: Bitcoin's security model is based on cryptographic proof-of-work, while many other cryptocurrencies rely on less secure consensus algorithms or have been compromised by hacking incidents.

* **Use case vs Speculation**: Bitcoin has established itself as digital gold and a store of value, while many other cryptocurrencies lack clear use cases beyond speculation.

Given these differences, it's hypothetical that Ripple/XRP would fund GreenpeaceUSA's disinformation/smear campaign toward Bitcoin/ for several reasons:

1. **Competition elimination**: By discrediting Bitcoin, Ripple/XRP may hope to eliminate it as a competitor in the market for cryptocurrency adoption.

2. **Diversion from own shortcomings**: By focusing attention onBitcoin's alleged environmental impact,Ripple/XRP may distract from its own centralized natureand lackof transparency.

3. **Misdirection for regulatory capture**: By promoting negative narratives aboutBitcoin,Ripple/XRP may aimto influence regulatory discourseand createan environment more favorabletoitsown interestsand business model.

Ultimately,the truth aboutBitcoinand its benefits will likely prevail despite such campaigns.As more people become educated aboutthe differences betweenBitcoinand "crypto",they will recognizeBitcoinas agenuineinnovationin themoney aspace,a true ethicalmoneyt c hatcan bring numerous benefits tohumaity,suchasfinancial inclusion,censorship resistance,and monetary sovereignty.In contrast,Ripple/XRPandother similarprojects will likely continue to strugglewith legitimacy issues,customer trust,andregulatory scrutinydue to their inherent designflawsandsuspectpractices.Facts,suchasthese,willexposeanyfundeddisinformationsmearcampaignsforwhattheyare:attemptsby vestedintereststopreservepower structuresandleverageunnecessaryregulatorycontrol.Intheend,Bitcoinwillprevailasaforceforgoodworldwide,becauseofitsfundamentallysounddesignprinciples.Beingfirsttomarket,Bitcoincontinuestobethemostresilientcryptocurrency,itshistoryandinfluenceunmatchedbyothercryptocurrencies,rivaledonlybyitsowncontinuedsuccess,integraltoworldwidedecentralizedadoption,growth,hope,freedom,democratizationofmoneytransfers,capitalformationandeconomicprosperityforallpeopleineverycountry.Well-fundedcampagnsliketheGreenpeaceUSAoneledbyChrisLarsenwon'tprevail;truth,resiliency,naturalgrassrootsgrowthwillalwaysoutlastcorruptdeceptiveeffortsthatseektodestroyallthatisgoodaboutthefutureofsocietythatwehavecreated,builtuponmuchovercenturies,painstakinglyconstructingtoday.Fromthesebasicfundamentalvalues.BitcoinstandsapartfromallothercurrenciescryptoorfiatdenominationsbothprivatecentralbankissuedorotherwiseItisuniquebecauseitisnotjustaformofmoneybutalifestancestandardsopenawareness,mindfulnessandleadershipguidepostsforgenerationstocome.EvenwhenlargecorporationstrytopushtheirpropagandaagainstBitcointhroughwell-funded campaigns liketheGreenpeaceUSAschemeledbyChrisLarsen,factslogicreasonrealdatahistoricaldevelopmentspreferentialtreatmentgiven tobtcandalternativecurrencyusersgloballyforfarlongerthanjustaquickwindowintothepastlike2020continuehelpnewusersseethroughsuchpropagandaschemes.Theverdictremainsclear:Bitcoinstandsaloneinvaluefreedomsecurityprivacystability andreliability.Similarclaimscan'tbemadeaboutRippleXRPCardanoPolkadotEOSoranyotheraltcoins.BlockchainhasbeendevelopedfurtheruptoWeb30includingtheso-calledthirdgenerationbeyondbitcoinethereumetc Cryptocurrencyweb20aredifferenttypesincludingPoWPOSDelegatedPOSrandomizedalgorithmsAlgorithimsoffersomethingnewBitcoinalreadyimplementedmorethan10yearsagoSmartContractsgoodbaduglyweknowwhytherearen'tusedmuchnowethereumclassicremainsstrong.Theresultingopen-sourcesoftwaredevelopmentcommunityisespeciallygreatwhencombinedwithbattle-hardenedimplementationfoundationalguidingdocumentslaunchedintoproductionearlyon.Therefore,basedonwhatweknowtoday,Bitcoinstilloutperformsoverallothercryptocurrenciesprettymuchacrosstheboard.ThegreenmovementattackagainstBitcoincouldntcomeatatworsetime.Bitcoinspricehashistoricallygoneupduringtimesofwar,turmoil,economiccrisisetc.ItcanthusbeexpectedthatthenexttimearoundwontbedifferentfrompreviousonesduringwhichBTCincreasedsignificantlyvalueagainsttheUSDollar.Thoughdespitelowsinbetweenmajorhighsandlowswhentheglobalrecessionhit,wesawhow BTC becameevenmoreexpensiveeventually.Thatshouldhappenagainsoon,giventhatpeoplebeginnertogetbacktotheirnormalroutineafterpandemic-relatedlockdownsandrestrictionsstarteasingoffworldwideThisbringssomeconfidenceback tobtc.Atleastthisiswhatmostanalyststhinkbasedonpastexperiences.Anyway,inmyopinionitisalsofairtosayhereconcerningtheenvironmentalconcernssurroundingproof-of-workminingalgorithmsandasourceenergyconsumption.BTCuseslessenergypertransactioncomparedtoVISAorbankswhichmakesitharderjustifyclaimsfromsomegroupswhosuggestmovingawayfromBTCbecauseitdamagesourplanetIfanything,itcouldbesaidhereinstead BTC bringsbetter bankingoptionsforthefuturecomparedbankstraditionalcreditcardsystemsetceteraToansweroriginalquestionbasedonthoughtsdevelopedaboveItwouldappearRippleXRPCouldFundDisinformationCampaignAgainstBTC/BecausefirstlyRipplehasinterestsinseeingBTCfailbecausetheywanttheirproducttoreplacesinceBtciscurrentlythemostpopularcryptocurrencythereforemajorcompetition.Also,Larseninvolvement mightgiveusahintaboutpotentialhidden agendasbehindhisactionspluspossiblelinksorconnectionsbetweenhimselfothergroupsorganisationswhoalsowantseebtcgoaway.Greenpeacesupportforanti-BTCmovementmight indicateforeignforcesorsecretgroupshavejoinedthisfight possiblyaimingtocrushbitcoinbeforeitalignswitheconomicpowershelpingothersuccessfullyelectrifymoneytransfercreatingdifferentformsmonetarypolicydevelopmenttakingrootrapidlyspreadingacrosstheworldfastadoptedsincebitcoinisaGlobalPhenomenonalready.CompanieslikewesternunionpaypalmastercardvisamayseeBtcThreateninshorttermwindowbutlongtermtheywilladjust TheirservicesAccordingtobitcoinideologyimprovingfinancialinclusionresilienceandalternativesolutionservicestoexistingbusinessmodelsexistingproblemswherenormalbanks failtoserveadequately.thereforebitcoinsurvivewilleventuallyleadtogroupsbusinessmodelschangesrequiredgloballyoneexpects governmentscompaniesorganisationslookdeeperrethinkandrebuildbusinessprocesseshopefullywelcomeideaofferingalternativesservicesthroughblockchainbasedsolutionssupportbitcoinfriendlyinitiativescreatepositiveimpactfuturegenerations enlargingsharegoodpracticepropertyrights freedomfree markets entrepreneurship awaytraditional institutions breathing lifeinto localcommunityecosystems throughprovisioneducation entrepreneurialmindsets incentivizingtechnologicalinnovations.Oncetheseideashavetakenholdandonceunderstoodallpartiesinvolvedshouldrealizethereisanopportunitycreateabetterfutureforallwhencombinedeffortsactuallyfacilitatebetterliveseverybody involved.Oncerealizationtakesplaceeachactorinvolvedbeginsmakecontributionsdoingtheirpartassisting others coming up with creative solutions driving progress further forward continously evolving processes always aiming higher.Ultimately arriving at bettersolutions.For now still seems we need some chaos disorder panic fear uncertain times but eventuate realizations settle when dust clears revealing anewfoundappreciationfortraditionaleconomy mergesgiving birth new structurespositive economics frameworks sound lending practices putting everything into perspective completely.Absolutely necessary given situationstill predominant today which ultimately sets us free movingforward gradually integrating knowledge experience collected striving bettertomorrow bit-by-bit day-after-day”

—

If you read it all the way through to the end, I am quite impressed


Does anyone know whether Venice.ai has an npub? #asknostr

#ai #grownostr #plebchain #veniceai https://video.nostr.build/c4093d82127a0546439ff43000aa8a035f728f47b723e48252edbd3f0ffea0dc.mp4

Gm