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John
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ML Engineer (Former) attorney
Replying to Avatar kazlife

With Strike’s and nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyg8wumn8ghj7mn0wd68ytnhd9hx2mz3uf3 recent BTC loans announcement, I’ve been reading a lot of the back and forth on the subject. Having over 10 yrs of fiat lending experience, I have some reflections.

TL;DR

1) If you use the BTC loans to consume, you will fail and will never get your Bitcoin back. Might as well just sell some to live your life

2) If you use the BTC loans to produce, you will have access to amounts of capital that have the potential to truly make the world a better place. If you provide value to the world, you’ll take out the loan and never lose your BTC (you might even have more than if you hadn’t taken the loan)

Bitcoin is just a financial tool. It’s the best one we’ve ever had, but it’s only a tool. I like nostr:nprofile1qqsx45yrjtgm4glklaafgz0z4309gs6cwfja3d99s8rqvlvgagcptpqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet54gjttu's take on topic. If you have your values misaligned and you only want to be a degen consumer in this world, Bitcoin will not change you. It will actually help you do all of that to a much greater degree. You will still be a degen, just with a Lambo and a yacht (maybe even a Lambo yacht, I heard those exist). The beautiful thing about this scenario is that it allows the spread of Bitcoin to those who will possibly value it more and have values and virtues to help guide their decisions. In turn, maybe they will use the Bitcoin to create a better life for themselves and their families.

BTC loans will just accelerate the degeneracy if one uses them for consumption. It’s like leveraged trading… if you go the wrong way, you just get rekt faster and more violently. That’s exactly how BTC loans will play out for those who decide to consume.

On the flip side, BTC loans will be the greatest tool to free capital into value producing and world building humanity has ever seen. We will live through some unprecedented growth. In every way possible our lives will be better, our children’s and their children’s lives will be better. BTC Loans will accelerate growth and allow builders, creators and entrepreneurs to build and create faster than with just native BTC. This will in turn actually increase BTC adoption and the cycle will continue. Some entrepreneurs will succeed and some will fail. No matter what, it will make the system stronger and all of our lives better.

If you have BTC at this point, no matter how much or how little, put yourself in the shoes of nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aqnz0fd0 and nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgpzfmhxue69uhk7enxvd5xz6tw9ec82cspz3mhxue69uhhyetvv9ujuerpd46hxtnfdumlww9r. What will you do with all of that wealth 10 years from now? What will you build? What will you create that will make your family and community better. We are all just them from10 years ago.

Is a house producing or consuming?

This essay is the only thing that made law school make sense.

The inconsistency of law drove me nuts - how arbitrary every decision was. It basically boiled down to "I don't like X so I'm not allowing it"

Coming from engineering, this was hell.

Until I read this essay. It explains that everything needs to be interpreted by a person, and people can only interpret according to their background/experience/values. And so multiple people can "see" the same situation and draw completely different conclusions.

So the most important decision you can make is choosing a jurisdiction+forum that's favorable toyou. A judge / jury pool that matches your values

https://www.copblock.org/40719/myth-rule-law-john-hasnas/

You'd enjoy "the myth of the rule of law" by some Yale professor

Basically the only reason the law felt consistent was because the people interpreting it had a nearly identical background, life experience and values

What's the nostr way of sharing a video?

Person <-> llm <-> llm <-> person

You can just build an MCP vector DB so your team can seamlessly share knowledge between their ai assistants

The project is kind of confused bc it started as "I want to chat with an entire podcast series (as a vector db)" and kind of pivoted to chatting with individual podcast episodes by loading into context.

MCP server to let you download, transcribe, and chat with fountain podcasts - still WIP and heavily vibe coded so if anythings broken it's claudes fault https://github.com/JohnZolton/Gobble

I just want chat-with-podcast so I can easily find sections

Like wtf was the best way to propagate sweet potato slips

Best 50 yard grouping of my life (so fa r)

New addition

Okay we have downloading, transcribing, and advertisement tagging and summaries working

Idk how useful summaries are they're kind of too high level

Maybe useful for the vector db to narrow down what episodes to query.

Idk wouldn't the vector db take care of that anyway?

This is kind of a combo if two goals:

- Process podcasts so I never hear an ad again

- turn entire series into vector db for RAG

Like "chat with all of RHR"

How can I manifest myself out of these allergies

I truly don't understand this bifurcation people have.

Labelling this savings vs investments vs cash vs whatever

You literally only have capital and your decision is how to allocate it

And MSTY folks all ignore the big disclaimer that MSTY has "LIMITED UPSIDE POTENTIAL" but just ignore that part

Like if it gets you more BTC compared to buying BTC then say that instead of these weird ass arguments

nostr:nevent1qqs2ffqegmyh2ar0lluazcww4gaaem79avutq4z3hc6g9s5spxukp6cpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgsz275ptqu2rnxqp89e9eyxc6wnughwj49jrj78jm65gnmaaykzttgrqsqqqqqpdk0lw3

Kefir marinaded chicken 🐔

Kinda want to make a solar distill and oven now