Most pale so badly in comparison. Worse than midwit takes (Buffet, Munger, Gates, Musk, Cuban).
It is probably the combination of unique knowledge, skills, and incentives.
Aleady having a single nsec for everything is the most immediate problem (with the current tools and usage)
I guess my argument is that there's gonna be nowhere near enough Bitcoin liquidity to go around for the ETFs to meet the demand. (At this price)
With $50k btc price, the miners revenue is ~100k coin per quarter now ~ $5Billion.
I think that some expected inflow estimates are in lower hundred $Bs in 2024.
To meet that, there would have to be many more sellers found and the price would have to adjust a lot.
- even then, I'm thinking that they will have really hard time to capture a super-dominant share of the coin.
Regardless of blocks, how will they fill the etfs? Who would be selling 🤷♂️
Thank you.
I hope we get it soon. Clearly there's some demand.
I would never bet against the Basecamp guys in a PR battle. (With the exception of their older Bitcoin takes)
Apple already lost it in the first inning without even knowing.
I wonder if DHH started stacking this bear.
Story for generations. Don't you dare to waste it.
A special GM to all the devs and teams that are starting the inaugural nostr:npub1s0veng2gvfwr62acrxhnqexq76sj6ldg3a5t935jy8e6w3shr5vsnwrmq5 cohort this morning in Madeira! 👨💻🚢🚀
I'm guessing nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft and nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc have some pretty amazing experiences cooked up for you all.
Bullish
I've been once. Camping through the mountains, enjoying the sun above the clouds. The nature is breathtaking there.
How is it with the taxation there, and independence on whatever nonsense the mainland government (Brussels) might come up with?
Oh, that's awesome! Respect for the local guys fostering it so well there. 🤝
#m=image%2Fjpeg&dim=1079x1391&blurhash=_GRC%5B64T-%3Bt7-%3Bxu%25LD%25M%7BWVt7t7t7s%3AWCt6Rjofofa%23ofRkoej%5BxuoLM%7Bj%40bI%252ofayayM%7Baxt8-%3BozWBofIVf6%7Eq%25MIUxuWBIUj%40xut7Rjt7ofM%7BofxuofM%7Bj%5Bt7ayj%5B&x=16067aa22d9a54a45c768657db82bffeedf0aea06e8b98999dd45f03704d06c0Country official should get first naked in front of everyone before speaking again on the topic.
I was emailing back and forth with nostr:npub19nxcrvypytpzhzsypftj5ere2ekzusc7c0w0z54ne2ekzeuxl6lq0rgwj6 about Bitnob, seeing if he'd be interested in adding Zap support to Bitnob's Lightning addresses. While he did say that adding Zaps are on his radar and are something that they were previously working on, he also mentioned that Bitnob will be adding social review features in the future and he would like to use Nostr to implement these upcoming additions.
This highlights one of the best use cases for Nostr, adding social features to your application without having to build and maintain the entire technology stack.
Love it. Keep building.
Clear pattern by now.
It's gonna be so ludicrous in few years to think that every single app was making you to re-create all your contact lists and "friends".
Or that people stuck with the shitty apps around, even if they never use them, just because that's where their friends connections were stored.
I'm curious to hear how spread out is the adoption amongst the general commerce there. But 3 separate cafe places for rather small town, that's already pushing way above the most.
There are many here that may not have heard about the #Gamestop drama in 2021 (from 1:05 of RHR 286). My take on this was actually very positive. My son is a gamer and was following the drama unfold. He bought some #GME and made a nice profit before the buy button was taken away to protect the suits. We talked through it all at the time and his final conclusion was that he’d probably not buy shares again and just stack sats. He continues to do this today.
I have a strong feeling his mates and generation will one day look at him to understand his secret sauce.
It may take time and a generation or two to get there, but as Marty says - we are winning!
nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy and nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx - thanks for doing what you do!
nostr:note15wcnt0064xxsggc2ctk80nalmy0gsggc26q6vv9pchtjpufjx09sek4mks
Good to learn the lessons young.
Usually, that's the case. But not always, especially not in software.
Many cases where people rather jump into intellectually stimulating world-changing problems (Bitcoin scaling) than picking up something simple, the ordinary shovel work (maybe a simple website listing business accepting BTC in your area).
These sort of 'small' problems.
What are some obvious and easy things to build on Bitcoin that we don't have yet?
More interesting - tell us what you working on for 2024, nostr:npub1m7r9aayrqjtt2q0whkyrwlys75s5d828c5uewvqwyfd2kxefkfjqgeny2w?
It could end up being a tail wagging the dog.
Did Vaneck make the move because of their generosity, or did they calculate that it might bring them more net inflows?
They are bowing to the Bitcoin here. It's in our power to make the others bow as well, if we speak the message.
- ie telling everyone that cash redemptions are the worst; Blackrocks are the evil vampires, that Jamie Morgan custody smells like bunch of pedos, or that whoever doesn't give a cut of their fees back to Bitcoin is not allowed to play our game.