Hey nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj , I’d love to see an episode discussing state dominance of Bitcoin mining.

This is my thesis of the next epoch of b mining. Nation states ape into mining to secure their ability to transact on the network. Game theory at play to avoid any nation state gaining dominance which would allow transaction censorship. Nations use socialised losses fiat money to fund operations aka no need to be profitable thus corporate miners (with a business imperative to be profitable) are forced out of Bitcoin mining (and maybe pivot to AI data centres. All mining now exclusively done by nation states, home miners and ‘offset’ miners (those without profit imperative or who are generating profit from primary business function.

This plays out only so long as fiat is acceptable as money… not too long, maybe a decade or two.

I’d love a deep dive on the question, can nation state mining dominance break Bitcoin? If thy enemy of thy enemy is thy friend and Bitcoin is the enemy of all nation states’ power over their people. Could all nation states (jointly with global Bitcoin mining dominance) eventually collude to destroy Bitcoin.

I wonder could this potentially be the next step game theory (3) playing out?

Right now I see 2 global game theories at play.

1. As per mining discussion above

2. BRICS nations (an alliance of enemies) colluding to break US dollar dominance. Possibly and ironically using Bitcoin to achieve this end. (You could also argue 1&2 are the same play)

#austrich

Do you think Bitcoiners could be the next Jews?

Hey Danny, I’d love to see an episode discussing state dominance of Bitcoin mining.

This is my thesis of the next epoch of b mining. Nation states ape into mining to secure their ability to transact on the network. Game theory at play to avoid any nation state gaining dominance which would allow transaction censorship. Nations use socialised losses fiat money to fund operations aka no need to be profitable thus corporate miners (with a business imperative to be profitable) are forced out of Bitcoin mining (and maybe pivot to AI data centres. All mining now exclusively done by nation states, home miners and ‘offset’ miners (those without profit imperative or who are generating profit from primary business function.

This plays out only so long as fiat is acceptable as money… not too long, maybe a decade or two.

I’d love a deep dive on the question, can nation state mining dominance break Bitcoin? If thy enemy of thy enemy is thy friend and Bitcoin is the enemy of all nation states’ power over their people. Could all nation states (jointly with global Bitcoin mining dominance) eventually collude to destroy Bitcoin.

I wonder could this potentially be the next step game theory (3) playing out?

Right now I see 2 global game theories at play.

1. As per mining discussion above

2. BRICS nations (an alliance of enemies) colluding to break US dollar dominance. Possibly and ironically using Bitcoin to achieve this end. (You could also argue 1&2 are the same play)

#austrich

Not could, WILL.

This move is akin to China choosing a silver standard when the rest of the world moved to gold.

Anyone posting cat videos or photos of food (except steak) will be muted.

You have been warned!

How good is curating your own feed?

Muted for posting cat videos!

https://podcasts.apple.com/au/podcast/bitcoin-audible/id1359544516?i=1000683915203

This one is excellent. Thank you nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev who makes these articles so accessible by reading them. It means I can multitask and thus do not need to find extra time in my already busy day to assimilate this quality information.

Today’s 💡moment:

Parker Lewis’: Gradually the Suddenly = the 100th monkey effect.

Likely the easiest way to claim a tip is to download a custodial lightning wallet such as Wallet of Satoshi.

https://tipcards.io/

The cool thing about tipcards is you can set an expiry date and periodically sweep back any unclaimed tips. Thus no ‘lost’ Bitcoin.

It puts the onus on the tip receiver to do some work. Aka, set up a wallet and work out how to claim the lightning tip.

https://tipcards.io/

IOU Bitcoin. Sounds like a grand idea.

You just need a Whitepaper poster on your wall and maybe some wood and rope art like this

Looks like a honeypot, smells like a honeypot… probably is a honeypot.

On a Bitcoin standard, those who add the most value to society end up with the most Bitcoin.

… think about that for a moment and let it blow your mind and infuriate you into action that this in NOT how money works in our legacy system.

Help build the Bitcoin Bridge each and every day.

This looks interesting… nostr:note1anmxty705huaq35w8yjzppenm72hcsjjhgkf598w8m25neefay2qjgqane

5. I’m building the “Bitcoin” bridge

6. And I’m muting bots called Rachel. nostr:note1ssgzha2vhmk22dfeyzg2aqh7k38py6vlqk0pd60sd5tsffhs06eslr5a2m

Today I’m living my 5 Agreements

1. I’m being impeccable with my words

2. I’m seeking clarity.

3. I’m knowing other people’s, actions, attitudes and words have everything to do with them and nothing to do with me.

4. I’m doing my very best in every moment.

5. I’m building the bridge.

Tell me it’s not true… or worse, tell me they didn’t pay for their tickets, that they were invited on board because they were VIPs.

Excuse my ignorance but who’s the puppet master behind Elon?