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Delcin
a9847fbc46b6c1097111edee1235a421fb7094a3dc5edca26410f1e04d7b9f3d
Rust developer. Bitcoin gives me peace of mind. Enjoys Tennis, Haskell and Math

I used to believe this. But I'm thinking this is just a distraction tactic used the political machine to shift blames.

This line of thought makes sense with gnosticism.

Was thinking along these lines for the last 2 months.

Hear me out. Democracy was implemented with evil intentions by the $bank. In Democracy the leaders do not take the responsibility ever.

So no one can be balmed, but everyone does nothing but blame.

Replying to Avatar corndalorian

The mob still believe that fighting for their ideas to reach a political consensus is more important than having peace!

The fiat machine convinced the boomer generation (even in India) that being a salaried employee is the safest way to live a life. During the boomer generation jobs were plentiful and they contributed to the technologies of convenience thar are abundant today. They also empowered the Fait machine to a great extent.

The millennials followed the dream of Boomers and bet their whole life on the college degrees and this is exactly the trap laid by the machine, now they got generational debts slaves for a mere exchange of "certificates".

Atleast the boomers were able to own houses and farms!

Binge watched the YT videos by Freddy Smith,and upon further contemplation it's clear that the machine has created a divide between generations.

Even people of same bloodline are up against one another due to the programming of the machine.

Now Genz have two options.

1. Solve the problems as an entrepreneur, or

2. Wage slavery.

The interesting thing is, the parents of boomer or millennial generation can help Gen Z with their capital.

But I have a strange feeling that it won't happen in a large scale because the machine has programmed to masses to hate each other and very few break out of the programming!

Amazing thing about bitcoin that we take for granted is that it allows Alice to send sats to Bob while Bob is offline.

We need L2/L3 protocols on top of bitcoin to avoid high fee rates.

Cashu ecash is what I would consider an L3 protocols which allows Alice to send ecash with Bob, which a trusted mint acts as a bank.

But this requires Bob to be online! Tradeoffs!!

NOTE: Whoever the first to redeem the ecash token from the mint gets paid! So it has to be kept as secret between Alice and Bob, just like paper cash.

In internet we would like things to work asynchronously. That is even when Bob is offline, he must be able to receive ecash from Alice.

Cashu NUT-11 addresses this problem by facilitating the creation of ecash tokens which are locked to a public key, very similar to how bitcoin UTXOs are locked in Transaction output.

NIP-61 defines the format in which these payments can be stored in a nostr-relay. Bob has to publish his cashu pubkey, mints he trust etc., as a nutzap info event and Alice can publish the ecash tokens which are locked into Bob's public key as nutzapp payment event.

I have written a code example in rust using nostr_sdk and cdk https://github.com/delcin-raj/nip61-example-rs

Kingdoms are necessary to preserve private property without which individual freedom cannot be realized.

A cryptographic distributed system is secure only if it is computationally infeasible for the adversary to attack.

In the same way if an individual can be isolated without a system in place to provide help then freedom cannot be realized.

Maybe bitcoin will pave way for future Kingdoms which will be required to work for the benefit of the people than the dynasty?

Hi I’m working on creating a course Rust for Bitcoiners with the help of Chaincode.

Will keep you posted.

Let me know the feedback in the comments

Spender provides the condition for the bitcoin conditionals.

#just_taking_notes