Avatar
Guy Swann
b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc
“The Guy who has read more about Bitcoin than anyone else you know.” Adjectives: Smart/Sexy Host of Bitcoin Audible 🎧

You really gotta bust your ass to get good with that thing don’t you?

The amount of SCiEnCE™️ that reaches a conclusion that is so profoundly the opposite of basic common sense is incredible.

But what’s incredible is that it doesn’t even phase the people who are enveloped in the cult, they just kinda pretzel bend their spaghetti bowl picture of the universe to believe yet another idiotic idea or obvious contradiction and pop a few antidepressants to suppress the unfathomable cognitive dissonance that they walk around with every day.

Don’t be hating on Hallmark, they make baller movies.

We thank you for your service 🫡

I would urge high quality well treated steak from a local source. Every time I start feeling low energy I almost invariably realize I’ve had too many carbs or just low density foods for a couple of days without realizing. Having a big steak flips it like a switch for me.

If true,It might be that the phone isn’t the thing being experienced.

For example I’ve had a period where I literally dreamed about league of legends because I was playing it so much, but I didn’t dream about my computer or my keyboard and mouse, I dreamt about the game.

It might be that the phone is just the window to the actual experience, so we don’t reference it in our minds as the phone, we reference it as “that asshole who said this,” or “that crazy video”, etc.

(I also have no memory of ever dreaming about my phone for what it’s worth)

There should be a key change NIP for Nostr.

Could be interesting too if you had it so that you had designated accounts to confirm a key change too. Like I would use my brother nostr:npub1ajv7m32k0cpgzha32qszsh304qusjvwwmavus0ttktzldms4xzusuftppj and maybe nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 or someone else I know really well in the space as “trusted verifiers.” Then if my key ever got stolen, even though both myself and the hacker could sign, I could make it so only I could transfer it to a new key by asking my verifiers to sign.

Maybe that’s too convoluted, but I feel like there should be a key cycling method regardless.

Just used it yesterday! 👏🏻👏🏻

They spend their whole childhood eating testosterone suppressing chemicals, cereals that kill their hormones, and soy that pumps them full is estrogen.

Don’t blame them for the bitches that they are. They can’t help it. 😂

Everything is in balance

I think all of the major improvement and huge benefits for LLMs lie not in making the models better (which will only give marginal benefit) but in figuring out the most clever ways and areas to integrate them.

Heading into a bull market for image and video diffusion, but a bear market in LLMs, imo.

The decline of torrenting is one thing that bothers me regarding the "certain" future of Bitcoin. Torrenting wasn't (and still isn't) hard, but still most people - the same people - who did it daily just switched over to Spotify and Netflix. I don't think it was morals that caused them to do so (I don't agree one bit that piracy is immoral, for the record), nor do I think it was fear of legal action - everyone knew that it was rare, and VPN:s have existed for a long time - I think it was simply that it requires fewer clicks and can start playing when just a little bit has been downloaded. Today it's hard to find stuff on TPB. Far from everything gets there, while back in the day there were usually at least three torrents of everything I wanted to download. This huge decline despite the fact that the streaming services monitor everything and sell data, and if they decide you can no longer listen to a certain song or see a certain movie or series, you can't.

If the CBDC apps are one bit easier to use, say, automatically determine where to pay to by some form of geolocation or Bluetooth beacons in the stores, or just the fact that more stores accept CBDC than BTC (because they are mandated and/or subsidized to), I'm afraid the vast majority will happily accept complete surveillance and control. We have already seen it go from cash to cards and mobile payments (here in Sweden, it's extreme. Very few people use cash, and many places don't even accept cash).

Sorry for sending out black pills, but I don't like it when everyone ignores a potential problem (and usually then blame me for pointing it out. If someone reading this feel the need to do so, please instead explain why I'm wrong. That helps. Calling me a fiat shill etcetera only convinces me you don't want to look at the problem. Problems exist regardless if you can solve them or not.).

I like this input, but I think it understands the precise reasons for the decline of P2P, as well as its difference to monetary networks and the limitations of centralized alternatives.

In this context, if we want an accurate picture of the distinctions, we should mentally frame #Bitcoin more like the internet itself rather than like BitTorrent.

Bitcoin is fundamentally a new way to come to consensus without a central authority. The benefits and capabilities of that cannot be recreated in a centralized, closed network. Much the same way that the closed phone networks or “curated nets” like AOL online could compete with the open internet. Inevitably, of people aren’t all using the same CBDC, they will be restricted from trade and the frictions of centralized validators, whitelists, permissioned access, and all the rest are inescapable. Not to mention the blatant inflation. While everyone gets wealthier on Bitcoin, everyone will always get poorer with CBDCs.

You can only have any unit of value in a single money at one time, it explicitly cannot be separated. Meaning to get the benefit of one, it’s at the direct trade off of the other. CBDCs (or fiat) can never be convenient enough to match the potential of Bitcoin, because it’s specifically *consensus* that fiat/CBDCs lack as closed platforms.

I’m pretty sure I talk about this difference and expand on it at length in this episode. Super blast from the past but still very relevant:

https://open.spotify.com/episode/7914VQ2dOJIeWvOzLS0KBX?si=GMIAabSsTYWh37qR-LGyYQ

Thanks for the input, but what does any of that have to do with a P2P technology? If an artist decides to implement some DRM or something, it’s their choice of how to deliver the product. It will succeed or fail based on whether users want to deal with it. There is nothing about Pear Runtime that even slightly suggests the construction you are criticizing here.

There’s a reason to suspect a medical report is completely unreliable in this context. And Bukele forced the jabs, so even with that argument it doesn’t absolve govt culpability.

I don’t think the GameStop analogy really works, but because bitcoin (and any dominant money) is a reflection of all of the value available on the market, while its supply is perfectly static, it is correct to say that’s its value is infinite for the same reason we can factually claim that there is no limit to the amount of value we can create.

Even better, is that with Bitcoin, we will stop wasting trillions in resources going toward destructive and value losing institutions. It will either add value or it won’t be sustainable or successful in bitcoin terms. Waste will literally get obliterated. This is why it scares the shit out of govts and central banks.

Almost none of the “huge monopolies” produced by the market that everyone was complaining about being too powerful 20 years ago, are still the same ones people are complaining about today.

Practically all of the regulatory and bureaucratic institutions that people were complaining about being too powerful and wasteful 20 years ago, are the exact same ones people are complaining about today.

——

Markets allow change. Despite enormous resistance, disruption can’t be stopped.

However, govts create waste, corruption, and destruction with no viable means of defunding. It metastasizes until it grows to a point where horrific violence becomes the only course of action to get any change.

GN everybody 🫡

I’m sorry you are so bothered by this. I don’t know who shit in your cornflakes but hopefully you have a better day tomorrow.

People who missed out on the good ol days of bittorrent have no idea how awesome it was. The Pirate Bay had an entire published page of cease and desist and summons and every other letter and demand on their website where they posted all of their responses. The sheer magnitude of GFY was incredible. There are few things as empowering as a kid than to see someone stand up to what appears from your vantage as a giant, unstoppable institution, and succeed... and in a huge way.

The torrent world truly had the heart of the cypherpunk. They wrote code and they didn't fuck around. This was about disrupting the powers that be, not downloading free music. I was 100% here for it.

Replying to Avatar brugeman

Introducing nsec.app and nostr-login!

I've shown the prototype of https://nsec.app in December, and it's essentially an nsecbunker in your browser. It is non-custodial - your keys are stored locally in the browser, and apps can get access to your keys using NIP46. We've now turned that prototype into a real thing, and I invite you to try it. Shoutout to nostr:npub149p5act9a5qm9p47elp8w8h3wpwn2d7s2xecw2ygnrxqp4wgsklq9g722q for the designs!

Now how do we help Nostr apps adopt NIP46 for remote key access?

That's where nostr-login library comes in. If your app uses NIP07 to talk to a browser extension, then with just two lines of code you can make it talk over NIP46.

Both of these tools support the new OAuth-like flow proposed by Pablo. Below you can watch a demo of how nostr-login (added to my fork of Snort) works with Nsec.app (or would work with any other nsecbunker).

What this all means is that people could join Nostr on the web, without installing extensions or mobile apps, with their keys stored non-custodially in the Nsec.app, and then could log in to other Nostr apps without copying their private keys.

Demo: https://void.cat/d/JSWwYMTtbWxTDTLpe132Kr.mp4

Links:

Snort+nostr-login: https://snort.nostrapps.org

nsec app: https://github.com/nostrband/noauth

nsec app server: https://github.com/nostrband/noauthd

nostr-login: https://github.com/nostrband/nostr-login

Just a heads up on UX, I've already eliminated my ability to use my username because i did it using an auto generated key without completely realizing how instantly that was going to be irrevocable. So now i have to make some scammy looking "copy cat" username to connect it to this account 😅

Ok, so i'm not a "skilled impressionist" at all, but I was casually rewatching one of my first #Bitcoin Matrix memes & even I forgot for a second that it was actually me doing Neo's voice.

The others might suck, but I can do a good Keanu Reeves 🤣

https://www.youtube.com/watch?v=W2oRRGVo9xs&lc=Ugz0DFBG73oWDWgWLxN4AaABAg

Speaking with a group of developers who do exactly this and are making platform-less alternatives to a bunch of tools all seem to be using a variety of these to rework things that had been more complex previously. As well as the dev I’ve been working with on our project. We literally went back to the drawing board to accomplish a few things in a much cleaner way using a few of these just yesterday.

So I don’t know what to tell you other than the fact that it’s highly valuable to have a set of tool that simplifies the P2P foundation of these apps. You can be overly dismissive if you like but maybe we can talk about this again, when Nostr is running over Pear instead of relays 😘

Yeah I’m trying to find a quick fix but if anyone has the time it would save me a few minutes while getting ready nostr:note13crv3qa0n2yz3qvk9lps8q38wf3f3quj4z5fr5mtk28dxj4wg2gq0wcjk7

Everyone who actually builds things does in fact care about it.

Them: "Do you really trust a piece of software that you run on your own computer more than the US govt and Federal Reserve?"

Me: "Are you joking? Of course I do."

#Bitcoin

The monetization model of the *entire* financial and money markets of the world is based on middle men.

We are disrupting middle men in money & finance with #Bitcoin, and the platform and network middle men with @Pears_p2p and #nostr

I don't think people are properly accounting for how much is going to change this decade.

There’s two projects that I am aware of from private conversations and they are both taking a different approach. I don’t want to share things that they don’t want to be public, but all I can say is that they are being built around two very prominent projects that don’t seem like they have much to do with mining pools. However, I suspect/hope both projects will actually be public by the end of the year.

Happy Valentine’s & Pears Day!! ❤️🍐

www.Pears.com

🤣🤣 would you say, there is a second best?

The real issue is more fundamental, the loaned money is indistinguishable from the “real” money. There is no way to root out leverage because it’s systemic to the money itself. If a bank creates a loan and then deposits from thin air, it’s fundamentally impossible to price it separately according to its counter party risk. Bitcoin fixes this

Craig Wright is a Massive Fucking Fraud! nostr:note19k95fsvwxu7xlz3sqfduh7m04rzj6hsc04m663qdhu6vh05ca48smv9z5y

Replying to g0ldeneagle

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Chat_091 on Fountain glitches out at the 1 hour 1 minute mark and starts over right in the middle of the Texas conversation

Redownload, sorry about that. We updated it last night so if you auto downloaded it got the messed up version

Replying to Avatar AU9913

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev brought up in this episode that there is some way to use 401k or IRA funds to buy bitcoin and hold your own keys, but didn't elaborate, does anyone have resources or companies related to this?

Jeff Vandrews had a company around getting this setup. I just remember talking about it with him at length a couple years ago

Did you know?

On Meetup•com you can’t make an “unvaccinated” meetup group because they claim it’s “hate speech.”

🤣🤣🤣

Mushrooms were involved. Explanation not necessary

Yeah both are broader and less limited, so they have a greater potential for features, but also for unintended consequences.

This is exactly the benefit of CTV, imo.

This is the way 🫡 nostr:note1xyq6vuhra6vy5nyytd2amkje7czyllyxwhc9x4um23lj8cd73p5qyuxjyx

How would you even find verification of this sort of info anyway? Seems hard to find concrete info for stuff like this 🤔

Replying to Avatar USLUCK

https://www.usluck.com/151754/theres-only-365-opportunities-in-a-lifetime-to-make-this-joke/ There’s only… 365 opportunities in a lifetime to make this joke #Memes #Spongebob #SpongebobMemes

For the life of me I have no idea what the joke is here 🤔🤨

*Colluding* with 51% of all hash power is a very different dynamic than BIP300.

In the LN or BitVM situation where you need the justice transaction to not be censored, the attacker has to *actively* collude - like actually plan the attack, personally contact all of the relevant miners (or the pools that are ok with destroying their pool) and bribe them to participate in the attack or convince them to commit to the crime before they even get a payout. Then they all have to actively censor the justice transaction and reorg all blocks not in their censorship group when the attack happens.

In the case of BIP300, anyone with enough hash power to create a block of withdraw and cast some votes could out in a malicious withdrawal. If 60% of the miners aren’t verifying that particular sidechain (or probably not validating any of them because we’re talking gigabytes or even terabytes every 10 minutes in a successful BIP300 scaling model), then the majority of miners would just *passively* vote for the malicious transaction. They’d have no clue whether it was honest or not. No active participation. No explicit altering of the pool/client to censor a justice transaction and reorg other blocks. No collusion. No bribes necessary. When any validators of the sidechain contested it, it may very well become a social mess figuring out what is honest and what isn’t and miners have to be contacted and to force them to setup or sync sidechain nodes to cast the proper vote, or they just blindly trust to what someone else claims and manually change their vote.

Yes, 51% of the hash power control is a problem in either scenario. But in LN or ButVM, or any other justice model like we already use, the miner **is not the counterparty.** they can’t just unilaterally pay themselves out of MY channel. The BTC goes explicitly to me, or my channel partner. And *I* decide who that partner is. My trust is another layer of defense, on top of the multiple levels of difficulty and direct, malicious collusion necessary.

In the BIP300 scenario I can’t choose which miners I want to trust. And I can’t force miners to run full nodes for my sidechain. Anybody, anywhere with hash power is suddenly “my counterparty” to the sidechain operation. They can steal if they have with *passive* hash power not doing the job necessary to *contest* their claim.

These just are not at all the same dynamic nor have anywhere near the long term risks. Longer we have BIP300 success, the more likely nothing is being validated. The more BitVM and LN we have, cost of validation continues to decline. It’s all still only on the main chain.

Yeah it seems like this is symbolic bullshit. But nonetheless, it suggests they are a little bit afraid by how much they are losing the public and desperate to appear positive in literally any light. Hopefully it all gets far worse and the momentum against them accelerates.

Yeah the management is through telegram but it gives you a Lightning address for whatever obviously. Would be cool to have a “login with Nostr” option and web front end but I get why that’s a huge extra hassle.

Dude this is me so much. Especially cancers man, I swear to god they are popping up like crazy. And I’d just think I was having visibility bias except that it’s almost universally the people that I’m 90% sure got the jab, and probably keep getting them. I’ve tried to actively contest my bias, but I swear it lines up too often to be random.