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₿ 🇩🇪🏴󠁧󠁢󠁷󠁬󠁳󠁿 Moinmoin 💥

Nostr: 24h happy new year from all parts of the world 💥

Peace to you all 🕊️

Replying to Avatar Apollo

From Zeus and Leto, Apollo did spring,

With his lyre, he’d dance and sing.

He stumbled upon a digital byte,

In the moon’s soft, silvery light,

“Might this make my lyre go ‘bling’?”

Welcome to our side of the world, Apollo 💥

Replying to Avatar Lyn Alden

Most posts I make on Nostr feel to some extent like a challenge. And I post them anyway. I enjoy that challenge. I write them in part *because* they are challenging.

I'm putting uncomfortable thoughts into the decentralized Nostr void to anyone who wants to host what I say on their relay.

That's why I'm here. I'm adding my thoughts to this medium to help advance it. I write here the things I wouldn't post to the normies on Twitter/X. Only on Nostr do I embrace my weirdness and inappropriateness. I analyzed this ecosystem, and decided that you, and only you, yes you reading this who took the time to be here, deserved to see my real or "based" thoughts to the extent that you care about them. And that includes my weaknesses. I've shown those in some of my recent posts, and I'll continue to show you my weaknesses here. I wrote about the times I got rekt in a fight and cried. I'll type that kind of thing out here, and only here, on Nostr, again and again.

If I post something intellectually polarizing I start to think, "what would my followers think?" But then I'm immediately like, "I don't know. Who cares. If they hate my truths here then were they even real my followers to begin with? Maybe they need to be challenged."

Meanwhile, I *do* care what you all think in aggregate, am willing to disagree with you individually on certain topics, but want to hear your thoughts. And I'm willing to change my views based on you. In fact, many of my Twitter/X posts are there over the past years because I want to see what people comment with before I write my full-on reports. The same is likely true for Nostr. This is raw ground. I want your thoughts. I won't bend my truths toward you, and I'll challenge you, as I expect you to challenge me.

So, if someone takes the effort to be on Nostr and some how reads this, I want them in my ecosystem. I want their criticisms as much as their praise. Criticize me here. I'll enjoy it. Let's go. You're awesome.

And then I'm like "What about my business contacts?" I have like these various billionaire institutional close contacts that are richer than me but have to wear ties to work. But I mean, if they are reading this right now, they are fucking awesome. I think, any of my serious existing business contacts who are cool enough to be here, are likely people I want to continue to work with. If they don't like what I say, they can bring it up with me. Otherwise they can appreciate my rawness here, and recognize that Nostr is where I post my random thoughts or my deep thoughts, and either of which are my raw thoughts.

My goal is to be real, and to advanced this protocol.

The day that far more people are on Nostr, is the day I will practice more public moderation. Until then, and that's probably far away, it's the medium where I will drop f-bombs and describe weird situations and thoughts. Let's go.

https://www.youtube.com/watch?v=akPbu6TOx2E&ab_channel=JerisJohnson

Great solo. A bit Brian May-ish.

‚The day that far more people are on Nostr, is the day I will practice more public moderation.‘ —>> not sure anymore if I want Nostr to grow ;)

Mums? Again? Getting a bit tired of this stereotype now. In my circles it’s usually men who don’t have a clou about anything technical (digital, diy, cars, finance, spacial organising - you name it) let’s change this automatic, easy trap on nostr.

I wonder whether any AI will eventually be able to manipulate the Bitcoin algorithm / force a hard fork … and the idea of 21 million is over…

Trezor it is and always has been — from the beginning.

Replying to Avatar Cyph3rp9nk

Bitcoin architecture

We could treat the Bitcoin architecture analogously to the memory levels of a PC.

We all know that the data written in the ram memory is susceptible to be lost if we suffer a power outage, but that does not prevent us from using it to our advantage. Data is loaded from the hard disk into the ram memory and this in turn is loaded into the processor cache memory when necessary, and in the same way when that data has to be persistent, it is downloaded back through the different layers of memory to the hard disk.

If we want to use Bitcoin intelligently we should do the same, being aware of the problems we have in each layer or in each technology, since in this case both Liquid and Lightning belong to layer 2.

I don't think brc-20 tokens will create a permanent congestion of the mempool, we are already seeing the mempool slowly emptying, but we have to be prepared for when a major adoption comes and block space are a precious resource, bitcoin was designed this way, it is not a bug, it is its design so that miners can subsist without the block subsidy and be able to keep the network secure.

Some examples of smart usage:

In a high fee environment for example if you run out of bitcoin over lightning and don't want to rely on an Exchange kyc to reload the channel, you will need to send bitcoin on chain to open a channel or to make a swap with the cost involved. If instead you have an intermediate pool of L-BTC (Liquid) you can get LN-BTC with Boltz and recharge your channel with a ridiculous cost of 0.1% and the Liquid fee is insignificant, it is only 100 satoshis.

On the other hand if you want to download accumulated balance from Lightning to Bitcoin in a high fee environment, you can transfer it to your Liquid cold storage that although we could argue that it is not self-custody as Lightning to be federated (if you use lightning without custody because there are not many) is still much safer than having it in an Exchange and from my point of view safer than having it in a Lightning online node, also risking a forced closure of a channel and being charged $ 200 as has happened these days.

In a high fee environment it is also better to accumulate your weekly dca in Liquid to avoid high fees and have bitcoin in your custody, again understanding that Liquid is a federation and does not have the same security as Bitcoin in your custody.

Finally, take advantage when fees are low to transfer your bitcoin holdings to the Bitcoin network or reload the Liquid network.

It all comes down to understanding the different layer 2 technologies and using them to your advantage knowing their flaws and virtues.

Reminds me of OSI 7

Gibt’s schon eine in Köln?