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

Taproot didn’t do anything to help shitcoins, I don’t know how that became a popular trope about all of this. In fact, despite it not being used, taproot is how you could do that stupid garbage without it bloating the blockchain at all.

The only bit thing with soft forks that gave a lower cost to inscriptions that were fully printed onto the chain was the Segwit *discount,* which wasn’t even really about Segwit itself, but was simply what was done to get a compromise blocksize increase during the shitstorm of a war that had gone on for 4 full years.

In other words, i think trying to do everything is the impossible path when it comes to consensus, and also the wrong path when it comes to being conservative about the effects on Bitcoin. This isn’t a race, it’s a global foundation, I think one piece at a time, even if it takes 3x as long, is perfectly fine. We just need to get things moving, slow and steady

CTV absolutely helps with scaling, privacy, and vaults in its simplest form. Multiple L2 designs and ideas can benefit from it. Obviously all of those things can be improved further with other op codes, but that’s exactly why I think we should implement and use CTV, that way we have a more direct idea of where it doesn’t meet everything we want. But CTV alone could make a symmetrical and much better LN design, it could alone create transaction pools, it could create a new type of “multisig” ownership that doesn’t actually expose the underlying parties, and that can be updated both cooperatively and exited unilaterally (kinda like channels but with many, rather than just 2, participants).

Ark also would get the lightest single benefit by just having CTV. Again, it wouldn’t be the end all solution to everything? That’s not the point, it’s just the next step toward where we need to go.

I think if we are constantly acting like we need to upgrade “everything we ever need” with the next soft fork, then the next one isn’t ever going to happen, because consensus on “everything we need” seems next to impossible. But a critical building block, that is safe, useful, and long tested feels like the best way to get a little bit closer to where we want to be.

DAMNIT!

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FIRST!

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#Bitcoin is always $58K nostr:note1hjsu24azxhqs5mgujrntal4e04vut5gq269j4xgmrr3p66sttqrsy8avpp

That guy has no clue what he’s talking about. I muted him. He wouldn’t know the difference between multisig and an NFT if it slapped him. Thinking CTV has anything to do with shitcoins is so fucking stupid I suspect he might just be a troll account who doesn’t even like bitcoin or know anything about it.

I guess I’m having a semantic problem with the word covenants then, because I understood what CTV does as basically a direct covenant. It simply locks the coins to a hash of the next output or TX details. So you can essentially “own” coins without directly needing an on chain footprint unless something goes wrong or you want to have a single UTXO for some particular reason.

I thought that “lock” was basically considered a covenant.

I don’t know enough about LNHANCE, and there’s no reason to do a bunch at once. After CTV it could make sense to talk about the next one. We can have concurrent soft forks for simple opcodes.

I won’t get behind something I don’t understand fully. There’s many things that could change if you started a CTV activation client. Thats how you get the ball rolling, imo

Haha, CTV is the simplest yet capable covenant OP_CODE (simple version: a new script for using Bitcoin) that has been developed and tested for many years now. Was wrapped into a ton of controversy and FUD about 2-3 years ago when Rubin tried to make a client, but slowly we realized it was all nonsense. Then it all died down and we’ve still been talking about what seems like a dozen covenant proposals, when CTV is just sitting there ready to go it seems.

Nobody wants to pull the trigger, but there are just so many benefits if we could get CTV, we should just do it.

Happy Hal’s Day ❤️

Who wants to help with a Core fork CTV client with a 2 year activation flag day? With a 90% support for early lock in.

There’s just no other proposal that has the length of testing, use, and extremely clear limits as CTV. It’s 100th the change that taproot and Segwit were and it just feels silly that we’re just sitting around waiting. At least starting something so people will discuss it seems like the way forward, imo. #Bitcoin

They can see our data, but we aren't on their platform. So it can't be used to manipulate what you see, the behaviors they want you to take, or to change you feed to manipulate your view of reality to their benefit.

It's a *very* different proposition from simply being able to see something, vs having total control over what gets in front of you and when it does.

People who are afraid of dips still don’t get it. nostr:note1r706hchpr8ck9hxuteypqgmak2sdpqcyx5y4cpxmd4s676n9046q95sklx

Excellent point, sustaining relays has been something I spend a lot of time thinking about and worrying on… but I can’t really disagree with what Lyn points out either.

🤔🤔 nostr:note13mafrevjutgwwqdjtjw7tp99cq0jpu20snzcaqa0d2e5ceqhvevskpgzh3

Yeah it’s all about scale of imbalance and the long term sustainability of systemic fraud. Sound money destroys the ability to scale violence and fraud both in size and then also its sustainability across time. It won’t solve violence or corruption, it will only make it smaller and more distributed.

Thus there are likely to be more prominent mafias and smaller violent rackets of sorts, but these have always been there, only overshadowed by the massive mafia of the state. So these others will simply be more visible due to the lack of control and prominence of the nation state.

Similar to how few people are concerned about a roach problem while their house is on fire.

The FBI tried to bribe a Telegram engineer to create a backdoor into their software to control and spy on what was happening on their platform.

https://video.nostr.build/b1021ae093747e50de02df887973dd7a43fa35435ca546951862ee9aac44832d.mp4

Do we know what the charges are, because that fucking insane if this is literally the reason. France should be avoided like the goddamn CCP

When science becomes politicized it ceases to be science.

To put it more simply:

You are paying taxes on your asset gains because you got poorer, not richer. nostr:note105sp9wq73yc9une8xc9zeme0wvg7a8k9u4dvrnntx9h8reqxtg4s9t9g4r

Literally, buy #Bitcoin and don’t save or calculate long term profit/value in dollars. Calculate it against whether or not you should just hold #Bitcoin instead. Thats it.

I found a lightweight model that can determine with pretty solid accuracy whether an image is NSFW or not. Would be cool to have a SFW relay that did this for you and auto-blurred posts from people you follow that might have nudity.

Humanity is like a lush moss that grows around water. nostr:note12vjch2k8uhz5p5qnlj2dqkvz2r2ft2yx4afuyjpl5fgq3lctrfmsx5zpj3

Make a key backup ritual that happens EVERY single time you make a wallet, even if you are just screwing around.

Do it because it’s simply the rule for when you make a wallet. Every time. If you have to, Imagine you are role playing as a meticulous OCD cypherpunk spy with 5 secret passports and money hidden in the slab under your house. That guy would *always* have a backup, and it would be highly organized. Whatever you need, just DO it. nostr:note196z4s5xuq4ux3trhavnf7paef5c7ajduypqhn3wwujstsdp3x6es3wz2fg

If on iOS you can set category or individual time limits under “Screen Time” in settings. Really useful and it’ll give you stats for whether you are doing worse or improving.

I’m certain there are options in Android and Graphene or the like, but I’ve not used them because they are secondary devices for me. Maybe nostr:npub1ajv7m32k0cpgzha32qszsh304qusjvwwmavus0ttktzldms4xzusuftppj knows

🤣🤣 who took a shit in your cornflakes my man?

I hope whatever has made you so angry is temporary and gets sorted dude, good luck.

Haha before I saw your comment I noticed the picture and my immediate thought was, “man, the first season of that was really good…” 😆

Following a lot of people rather than being really selective about your follows is a good strategy here. You see way more conversations and good posts that are “one hop away” from your graph that you’d otherwise miss.

Also I follow a handful of hashtags that are really helpful for branching out, but there is some risk there, fyi.

I’m hoping clients start making some features (and/or thinking of doing this myself on the relay side if it’s not too much work) to help with the problem of spam and porn in global. More integrated web of trust visibility will help there as well.

Working on that as we speak. We’re getting it packaged for Start9 in the next couple of days (week or two at the latest) and then I’m going to jump to focusing on the Zeus side.

This will make Start9 so much easier to use though. Imagine just fast booting any service into your browser without the delays and frustrations or Tor. Gonna improve it a lot. 👏🏻

Those people still don’t understand the problems of money. Most still think money is *supposed* to lose value over time and that this is good for the economy. I’ve come to a point where I start by asking that question, and if they say “yes otherwise people will hoard it,” I know there’s no progress to be made discussing Bitcoin’s value

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