It's a one time gift.

Yes. But. There's a section of the population who will never care, as long as the tools work well enough for them. Ideally we make that section as small as possible

Imagine what the real numbers look like...

Bribery of our politicians is legal in America.

A list of Sam Bankman-Fried's d̶o̶n̶a̶t̶i̶o̶n̶s̶ bribes:

Jack is a good guy.

Over the past (almost) two years, this is the time where I usually tweet:

Beware the Bart.

However, it’s Uptober. And #bitcoin price has a hard time staying down in October—and the 4th quarter of any year.

Macro data still looks bleak, but I’m optimistic the $btc will find a way to climb the proverbial “wall of worry.”

Not investment advice, obviously. And I’m usually wrong, so don’t @ me.

Head down. Work harder and smarter. Keep stacking sats.

The next 24 months should be *interesting* at the very least.

🔥🔥

Here is a recap of some bugs and misc. issues people are having with their favorite nostr clients:

- Amethyst: can’t delete direct messages

- nostrudel.ninja - layout for viewing posts and replying not ideal

- Damus - not liking relay layout design

- Damus - existing threads takes you to top of the feed instead of resuming where you left off

- Coracle - feed doesn’t auto-refresh if you leave the tab and come back

- Zap.stream - duplicate streams (agree!)

- zap.stream (should remove following hashtags - via @Karnage)

- Damus (via karnage) - clicking back on a comment, you get taken to the main feed instead of where you left off on previous view

- Damus - miss rapid one-tap zaps

- Coracle - some notes go MIA instead of getting published

- Primal - missing some notifications

- Amethyst - wish could copy individual text not entire note

- Damus - speed and crashes

- Satellite - no list support

- Amethyst - wish to be able to choose video OR images in TikTok media tab

- Amethyst (2 reports) - longer notes don’t autoscroll down as you type unless you do it manually by swiping your text up.

- Fav. Client is Mona for Mastodon but wish it was for nostr (Looked into this, Mona is indeed a badass app! Gonna steal from it)

- Amethyst - not being able to see the entire post being replied to

- Yakkihonne - double posts

- Snort - reloads feed after opening note details

- Primal - not seeing notes from some people they follow

- Amethyst (2 reports) - crashes frequently

- Iris - can’t see replies on note

- Primal - mobile app experience is still WIP

- Primal on iOS - can’t save memes to “meme bank”

- Damus (3 reports) - lack of zaps

- FreeFrom - crashes in Android

- Primal - can’t make or view polls nostr:note1rwflpd0fujepfk2muhpguhpsxk25wzyx84spu560rutyd8hpt7pqggqx7e

Bitcoin Market Updates once per day by 8am EST, like the ones Ive shared, but with the graphs too.

"Ew, bitcoin trading🤮"

I know I know... but hear me out....

Even if you don't trade;

Simply knowing when a dip is coming, allows you to prepare so you can STACK HARDER!

So let's goooooooooo!

🫂🫶💜

Lifetime access is only 500k sats for nostr buddies. Closer to 1M sats for non nostr buddies.

Current accuracy: 88.34%

Last call was up to 27.5k aaaaaaaaaand we smashed through it to 27.9k, currently testing liquidity! 🥳

I'm thinking of it by analogy to the way that btc depends on energy scarcity. A PoW token is in some sense an abstraction of energy, like a joule wrapped up in computer code. This mapping between something finite (because of the physics) made abstract (because of code) is the magic transformation that allows btc (or dna for that matter!) to collapse the infinite space of abstract reality into something that behaves as if it were finite and concrete. Physics comes with a very handy, fungible source of scarcity (energy) that we can use, abstractly, as money (or food!) but extending "consensus about account balances" to "consensus about interesting content" involves moving to a higher dimensional space. At this point it makes sense to ask the question of what should we model as being scarce in the social realm? Reputation is the obvious answer, which is why most client's have defaulted to whitelisting a set of well known people as the root source of scarcity from which consensus flows. But that's not a granular or self-regulating solution. I don't have a fully formed answer yet but intuitively I think there will end up being something akin to miners which validate the formation of social capital.

The UX is super important, but I'm starting to think this is a physics problem

Henry Hazlitt, in 'The Failure of the New Economics', quoting Keynes:

"For my own part I am somewhat sceptical of the success of a merely monetary policy directed towards influencing the rate of interest. I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organizing investment."

Hazlitt replies:

So there you have it. The people who have earned money are too shortsighted, hysterical, rapacious and idiotic to be trusted to invest it themselves. The money must be seized from them by politicians, who will invest it with almost perfect foresight and complete disinterestedness (as illustrated, for example, by the economic planners of Soviet Russia). For people who are risking their own money will of course risk it foolishly and recklessly, whereas politicians and bureaucrats who are risking other people's money will do so only with the greatest create and after long and profound study. Naturally the businessmen who have earned money have shown that they have no foresight; but the politicians who haven't earned the money will exhibit almost perfect foresight. The businessmen who are seeking to make cheaper and better than their competitors the goods that consumers wish, and whose success depends upon the degree to which they satisfy consumers, will of course have no concern for "the general social advantage"; but the politicians who keep themselves in power by conciliating pressure groups will of course have only concern for "the general social advantage". They will not dissipate the money for harebrained schemes in East Africa; or for crop supports that keep submarginal farmers in business and submarginal acreage in cultivation; or to build showy dams and hydroelectric plants that cannot pay their way but can swing votes in the districts where they are built; or to set up Reconstruction Finance Corporations or Small Business Administrations to make loans to projects in which nobody will risk his own money. There will never be even a hint of bribery, or corruption, or the gift of a mink coat to a minor official by the beneficiary of the loan...

This is the glorious vista that Keynes unveils. This is "the new economics"

(Ellipsis in original)

While some of this may be true, I can imagine that in her decades of public service, she also helped make the lives of many people better with things she championed or helped make happen. May be best to look at people based on a more wholistic approach, but I understand that that would be a more complex way of presenting things. Simply saying everything she did was rent seeking is a patently unfair portrayal.

No. Though the wider world may perceive it that way.

Yes 😎! I know it very well. As well as the Guiness museum. But this time we will focus more on the places outside Dublin.

I'm going to Ireland to explore the local beer. Do you have any recommendations for local breweries that I shouldn't miss?

#beerstr #ireland