I am the 1%

I am the 1%

day 3 of no caffeine

i have way more focus

ironically i seem to be sleeping less

To say true things is good, but to say he's not a real founder is ridiculously childish & screams insecurity.

On nostr you can just say shit and fuck.

Too many people have given Elon a pass. Don't give him a pass.

He's a marketer, not a founder or an engineer. He didn't found PayPal or Tesla; he bought into them early. He's good at selling narratives and equity valuation for perpetually unprofitable companies.

Everything for him is a narrative. His green revolution was a narrative to sell more cars and get more subsidies. His bitcoin purchase was to gain appeal among bitcoin/crypto people in a bull market. And he shilled doge like a dumbass. His SpaceX narrative is to get money from the government.

His rooftop solar thing was an outright scam; the technology isn't ready and went nowhere because of that. His full-self-driving-in-an-intermediate-term timeline was a scam, and is going nowhere because of that. He makes scams to draw people and capital in, because for him it's all about narratives and equity valuation.

And then he dug unproductive holes, suggested unproductive hyper-tubes, built meme flamethrowers, for what? It's a narrative, not a business. None of this is real productive shit to make peoples' lives better.

His latest "we need free speech" narrative was a scam too. He tapped into something real, which is what marketers do and why it kind of worked. Yes, we need free speech. Yes, Twitter had censorship issues. He saw that and jumped on it maliciously rather than productively.

But what did he replace it with? He replaced it with arbitrary journalist censorship about his private jet, arbitrary censorship of Substack, selective Twitter Files release, won't talk seriously about any of his China connections because Xi Jinping fucking owns him economically there like Jack Ma, has his balls firmly in his grasp, etc.

Elon's playing the narrative, the anti-woke meme of the day. He's a master meme-momentum-player. Don't fall for it.

Has anybody ever tried using Zyn purely as an appetite suppressant? Seems to work reasonably well...

I tried to vibe code ICQ with nip17 but it's truly awful

I saw a few posts here dunking on Dan for his anti-Nostr posts on Twitter/X.

I'm grateful for them. Happy to treat it as a marketing/education opportunity. If life gives you lemons, see if there's a way to make lemonade.

What less ambiguous measure would you prefer? Total zap amount by week?

According to nostr.band (all of Nostr):

Best day in Jan, around 21k trusted keys

Best day in Feb, around 19k trusted keys

Best day in March so far, around, 18k trusted keys

Back in August 2023 it was 20k, that's as far as I could dig. So seems numbers are down about 2k since the summer.

Very minor shrinkage, and an nice bounce could be just around the corner—maybe this is just Crouching Tiger stage. But when he says Nostr isn't growing at the moment, technically he's not wrong.

As someone who would like to see the federal government in the US shrunk dramatically, I believe a strategic bitcoin reserve accumulated via a mechanism like Bit Bonds is the only viable path to make a smaller government possible.

This may seem counterintuitive - "if the US government acquires bitcoin it makes them stronger." However, when you take a step back and think of the problem of the ever expanding federal government you realize that a large part of the problem is driven by the need to roll over debt by issuing new debt to pay it back.

This leads to a forced expansion of the federal government that can only be reversed if something new is introduced that can defease the debt without having to issue new paper. As it stands today, bitcoin is the only thing that can practically produce this defeasment.

The beauty of the bit bond idea is that it expedites the debt pay back by enabling the Tresury to issue longer-term bonds at lower rates, which works to decrease interest payments on debt that is being rolled over. An incredible kickstarting mechanism that provides immediate results. Imagine being able to point at the chart of the interest expense on the debt and show that the number is falling.

Bitcoin is for anyone, including governments, and it is a great asset that enables individuals, businesses and governments to think creatively by leveraging the benefits that come with adopting it during its monetization phase.

The path to shrinking the federal government dramatically over the next few decades only exists in a world in which the government adopts bitcoin as a strategic asset to begin paying back the debt.