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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 🎧

… is at the same level of importance as the 21 million limit when it comes to Bitcoin’s fundamental principles

(my kids are making it hard to type and I dropped my phone which sen the half typed message 🤦🏻‍♂️)

It seems really dumb to freeze coins that aren’t stolen preemptively that we don’t even know can be stolen. There are vulnerable keys on bitcoin all the time. If anyone has problems with confiscating >1000 sat UTXOs with some proposal like the cat (which I agree is way too far, btw), then I can’t see how freezing coins - not because QC is here - but because enough people are afraid that it’s eminent that we are going to go ahead and essentially cause the very harm that others would be vulnerable to (losing their coins) before the quantum attacker does it.

Nobody is promised that their keys will always be safe. Bitcoin doesn’t promise that there are easy backups or your wallet is secure from any hack or possible vulnerability.

The only promise Bitcoin gives is that you are responsible, it’s permissionless, your coins won’t be frozen for political reasons, and there are only 21 million. The DO have the responsibility to move their coins if QC ever threatens ECDSA, but that has nothing to do with the decision to freeze their coins if they don’t.

We have coins on chain today that we can tell were created from old vulnerable wallets and entropy. They get stole by bots brute forcing those keys. Why don’t we freeze those coins

Of course, but it’s also possible that the form of computing doesn’t exponentially scale either, fundamentally. It seems all the “apparent” scaling has also been just using traditional computing to imitate quantum to make it look like qubits are scaling exponentially like traditional computing.

It’s very possible, that like dozens of other styles of computing that have been tried, where we have found that the only one that scales exponentially was digital computing (von Neumann).

I think because we desperately want to apply the lens of digital computing onto quantum, since it’s the one that has become ubiquitous, we forget that there were dozens of other types of computing that were tried and all hit impassable walls. They could never make general purpose compute, and the best they ever achieved were extremely limited uses that digital computing quickly outpaced due to its simply capacity to scale exponentially.

And when all our major WC progress seems to be us attempting to attach it to tradition computing via “virtual qubits” but they still just can’t factor anything with more than 2 or 3 bits worth of genuine entropy, that sounds like a “we must have an apparent order of magnitude scaling to get our next round of funding, so make it happen” sort of situation to me.

—————

In other words, there’s nothing wrong with preparing, the asymmetric cost of not having “insurance” on this issue is too great to not at least explore all options. But it absolutely is not an inevitability, and the world is FULL of bullshit and it needs to be looked at with an insanely skeptical eye. 10x that skepticism when the proposed solution demands that we **preemptively** freeze innocent peoples bitcoin to “save everyone” from it.

I’ve actually seen, the further I dig into it, that the apparent “progress” is essentially a collection of tricks to appear to factor much larger and larger numbers, only to break it down and realize the genuine entropy in the problem being solved is virtually no different than it was 10 years ago.

The highest *genuine* attempt to factor a number is apparently the number 35… and it didn’t actually work

I assumed that but I’m just not getting the connection to Nic? Is he going on a tv show or something?

“We promised we’d release them!”

[89.2% pages completely blacked out]

“See we kept our promise.”

Replying to Avatar Gigi

It's at a point now where it's almost impossible for me to use the "regular" internet. I can't access half the sites. The reason? I care about my digital hygiene and thus use a VPN. Sometimes switching to a different VPN or switching the country of the VPN works; other times it does not. Oh well, I guess I'm not going to watch that video, or read that article, or look at that picture. Whatever.

In addition to that, if I'm not blocked completely, I have to prove that I'm human every step of the way. Captchas, re-captchas, Cloudflare checkboxes, the whole shebang. I am human. I promise. And I am very annoyed. Outright angry, even. I doubt that any robot will ever be as annoyed as I am right now about the current state of the internet.

What annoys me most, actually, is that all these measures don't really work. There's bots everywhere. Robots get access to the stuff anyway, using farms of humans, just like in the good old days of WoW gold farming. The centralized "safety" nets of Cloudflare et al brought down large swaths of the internet multiple times in the last couple of weeks alone, and as things centralize more and more these outages will happen more and more.

I'm very close to breaking up with the legacy internet. I'm human, I can cryptographically prove that I'm human, and I have sats to spend. But the legacy internet doesn't care about that. It cares about farming me and my data, while annoying me to no end. I've been nostr only for a while now, but that was only on the "social media" side. 2026 might be the year where I go nostr-only for everything, or to phrase it slightly differently: permissionless for everything.

No more "are you human?"

No more "I'm sorry, Dave. I'm afraid I can't do that."

No more cookie banners, paywalls, and AI slop.

No more being treated like a child.

Even if it means that I'll have to self-host everything.

Even if it means that I'll have to build & maintain stuff myself.

Even if it means that it's a lot of work and pain.

Nothing worth having ever comes easy.

But the easy stuff is not worth having in the first place.

Here's to the year to come, and the new corner of the internet, build on cryptography and webs-of-trust. Real value. Real connections. Real humans.

Here's to nostr.

That’s correct, now I’m just tired all the time 🤣🤣

I’m sure there’s a joke about journalism in there somewhere

The algorithm literally conditions our emotional state to make us more susceptible to the advertisement…

https://blossom.primal.net/0cd767c406cc62927845161fc2ae76541a3aa0ec86779b350fe4642949cedb35.mp4

I'll tell you something, everything I've ever seemed to actually succeed at never felt like I was succeeding. To the contrary, it seems to always feel like i'm fucking up over and over and over again until something starts working.

The most important factor seems to just be keeping at it despite feeling like an idiot and like nothing is making progress... but showing up again anyway.

Correct. I keep it in there until I'm ready to use it, or I have enough that I want to just put it in cold storage. But i leave it as long as I can because my cost basis is when i hit "send."

It wouldn’t mean that you don’t follow people or don’t have followers. It would only be an avenue for someone *outside* of your web of trust to get a post *inside* it.

Replying to Avatar Sats Consultoria

nostr:nprofile1qqsggcc8dz9qnmq399n7kp2yu79fazxy3ag8ztpea4y3lu4klgqe46qpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtcpzamhxue69uhkummnw3ezuat5dpshy6ewvdhk6tc97gdu7 has been talking about the same issue recently! Running Knots and mining (DATUM/OCEAN) are essential for the decentralization and security of Bitcoin network.

Doesn’t require knots, but yes

1PH dominated by like 4 pools (pretending to be 6) is a concern. 1PH with individual miners constructing blocks themselves, that doesn’t worry me.

Don’t make the mistake of thinking simple scale will protect a highly vulnerable structure.

I didn’t say “Monero is dying.”

Can you point to anything in my post that is at all inaccurate?

GUY SWANN SHARES A PHOTO OF HIS TRAVEL SAFE! 🔥

BEST OF ALL, HE’S NOT STUPID ENOUGH KEEP MONEY IN A CREDIT TOKEN THAT SOMEBODY ELSE WILL PRINT 3 TRILLION MORE OF THIS YEAR.

(did you know twitter throttles your post if you use the word "stupid"? 🤦‍♂️ )

Why do new appliances all sound like old annoying 8 bit video games? I set the temperature on the oven and it does a little jingle like I just got a mushroom in Super Mario Brothers.

This is such a dumb and pointlessly bothersome “tech” trend.