Hopefully, not at all. Bitcoin is decentralized, and having a single developer group programming all the nodes is already a risk. If Bitcoin Knots helps form a second developer group, it would actually make Bitcoin much healthier. Both by encouraging diverse opinions and by increasing the network’s robustness against potential bugs.
In my view, Bitcoin is purely about transferring money. Spam will still exist, but it can be made harder to execute. In the past, when a proposed change faced significant resistance, it usually wasn’t integrated. However, in this case, it was implemented anyway. Also, Knots offers more customization options for how I want to run my node. And that’s the simple reason why I use Knots. And if at some point Knots tries to force something on me as well, I can easily switch my node again.
In general, I think it’s a good idea, but it’s also risky if data about an entire nation is stored in one central place. Are there any legal requirements that prevent companies from relying solely on the E-ID for authentication?
Unlike, for example, the use of the Swiss ID at SBB or the Post.
Let’s do a thought experiment: everyone in parliament holds a multisig key. A certain number of keys are required to authorize any transfer. As soon as the country is attacked, all these key holders disperse to allied nations. For an attacker to gain access to enough keys, they would have to locate all these allies. With a bit of imagination, there are many possible ways to protect a nation’s wealth with multisig.
Under a Bitcoin standard, war loses its biggest incentive.
Conquering a country wouldn’t grant you its wealth. Bitcoin is protected by multisig, beyond the reach of force.
The only way to access value would be cooperation, not plunder.
Bitcoin realigns incentives: it shifts power from violence to consensus and makes peace more profitable than war.
Bitcoin is the first form of property that can be secured completely independently of physical boundaries and central authorities.
This week I made more progress on my solar-powered mining project. A previously undersized diode burned out, so I replaced it with a properly rated one and installed it professionally inside a protective tube. I also added a cutout for the LAN cable to connect the PLC. The enclosure is now fully completed on the mechanical side.
We recently found something that actually helped and it made us realize how disappointed we are with how today’s healthcare system addresses women’s health.
My girlfriend has suffered from severe menstrual pain and PMS for years, most likely due to endometriosis. She went from doctor to doctor and tried various treatments, but nothing truly made a difference.
Eventually, we came across something important: the liver plays a central role in hormone regulation. If the liver is overburdened, which often doesn’t show up in standard blood tests, it may not break down hormones properly. This can intensify PMS symptoms and increase pain throughout the menstrual cycle.
One of the most frustrating things is that conventional medicine often does not know how to treat endometriosis or menstrual pain effectively. The standard response is usually painkillers or hormonal birth control, both of which place even more stress on the liver. That might explain why these options help temporarily, but the symptoms often return or get worse over time.
In today’s world, it’s no surprise that the liver is under constant pressure, constantly exposed to things like pollution, processed food, alcohol, exhaust fumes, and medications…
A few weeks ago, my girlfriend started taking natural supplements to support her liver, and her pain has already decreased noticeably.
It is unfortunate that so many women live with this kind of pain, but maybe this information can help someone else.
Of course, there is no guarantee that this will work for everyone, but in our case, it has been worth trying. And if sharing this helps even a few more people, then it was worth writing.
nostr:nprofile1qqswmnfq2k830kvnylvyrezc97dsqce343qppqrwlgpqaux5qpuwdkspr3mhxue69uhkummnw3ez6un9d3shjtnhd3m8xtnnwpskxegpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzg2s0m nostr:nprofile1qqsw54ajtaa903sa0hgt7cjpzfz2tqxkwz0y9gsy9r7ns8ufa7xk8kcpp4mhxue69uhkummn9ekx7mqpzpmhxue69uhkummnw3ezumrpdejqjmr3q3 nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg4waehxw309ahx7um5wghx6ctvd9hzummwds0xggvh nostr:nprofile1qqst7gmku9a6fmpxn5g0ejvk536xk3g322lfqv06frn5257au4fxhnspz4mhxue69uhkummnw3ezumtfd3hh2tnvdakqz9thwden5te0v4jx2m3wdehhxarj9ekxzmnyx4wxxz nostr:nprofile1qqst32wlsgvqsnjfpkygxs4f6jyt0nc0kg935xdevwlv668dd26uh0gpzpmhxue69uhkummnw3ezumrpdejqzxthwden5te0dehhxarj9e3k2unrv968ymmkvyhx6egyqzkl3 nostr:nprofile1qqsx5dvc2g3cmjgz4mgelwlk5p2ln2ljrsw23y2ar38z0agd7tefpkgpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzyrhwden5te0dehhxarj9emkjmn9v4lz04
I did it. Now it works :)
Over the past few weeks, I’ve been working on a PLC program. The idea: Two of my Bitaxe miners run continuously. They slightly discharge the battery, which recharges when the sun is shining. Once the battery is full, additional miners are automatically activated to use the surplus solar energy. In parallel, the battery can also be charged from the grid when needed. This grid charging is part of the automation and is triggered by defined threshold values.
I’ve also developed (with a bit of help) a web interface that provides real-time access to key system data: battery status, power production, and miner consumption… Editable fields in blue let you define switching thresholds for each relay. When a relay is active, a green indicator lights up next to it. There’s also a maintenance button that turns on all miners at once. Over the coming weeks, I plan to further improve the layout and expand the functionality.
#solomining #PLC #solar
I think i got it!
So in a deflationary environment, debt becomes nearly impossible to repay, because prices keep falling toward marginal cost.
Companies are forced to compete on price, and debt-free firms can afford to sell near marginal cost and still survive.
But companies with debt can’t keep up. they not only face lower revenues, but also have to service their debt. And if no new money is printed, interest rates tend to rise in today’s system, making it even harder to stay afloat.
That dynamic drives more and more of the economy toward insolvency.
Hey nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qyvhwumn8ghj7urewfsk66ty9enxjct5dfskvtnrdaksxv0tx3, just listened to your newest podcast.
One thing I still struggle to fully understand: Why exactly would an economic collapse happen if prices generally go down?
To me, it seems logical that products should become cheaper over time as productivity increases. That doesn’t necessarily mean companies go bankrupt, because they’re also benefiting from lower input costs.
Is the real issue that companies and governments are heavily in debt, and that repaying those debts becomes harder in a deflationary environment?
Do you have a podcast episode or resource where you explain this in more depth? If not, I’d love to hear your take!
Thanks!
Do you live in your dream house now? Is your famous closet in your dream house?
https://fountain.fm/episode/c5B6dyTwSDCJNKwxhP7W
nostr:nevent1qvzqqqpxquqzqh6yafc877mku7v6t76p3rj28skq7q8t2skvngdnnwjsd4azj69s4q4722
Money is information. It is the foundation of any society.
When it gets corrupted, trust collapses.
That’s why Bitcoin must remain decentralized.
Power concentrates when left unchecked. If the US gathers more hashrate, others need to push back.
Decentralization is not a destination, it is a process that must be constantly defended.
#bitcoin #hashrate #decentralized