Read Lyn Alden to understand why gold failed and how bitcoin solves those problems.
Gold settlement was too slow, risky, and hard to verify. The telegraph made physical settlement obsolete and centralized gold reserves.
Gold is physical so it is vulnerable to capture by whoever has the biggest guns. The government simply captured the centralized gold reserves and forced everyone onto a fiat standard.
This is what will happen to all the ETFs, exchanges, and treasury companies. Saylor's bitcoin will be the national reserve. History rhymes.
Your hatred blinds you. I collect ecash in a database and sweep it to lightning at my leisure. Take away the insults and this is literally the model you are describing.
You don't need to sweep to lightning at time of payment. This puts failures on the sender. It's bad UX. And for what? 21 sats? Not worth it.
Cashu is built on lightning. It is lightning with one extra layer. It's the best of both worlds.
"Why do I have to pay a fee on free money people gave me?"
Do you ever listen to yourself?
Don't like ecash? Don't use it! No one can make you. Stick with lightning zaps.
I’m ecash ignorant, I need to get some hands on experience with it but this seems like the solution!
Check out cashu.me it's the easiest way to get started. DM me and I'll send you some ecash.
Minibits is another amazing wallet.
It would not matter. But you can't make lightning perfectly reliable. The system is simply too complex. Too many failure cases.
And people want everyone to run their own node? Laughable. You're pushing in opposite directions at the same time. You can't win on all fronts.
Maybe in a few decades lightning will be as reliable as ecash is today, but ecash will be so much farther ahead. Complexity is a drag on innovation. It puts a cap on how much you can achieve.
Yeah npub.cash works the same way. It's beautiful in it's simplicity.
You don't need final settlement to hard money on push micropayments. It's the wrong model. Ecash does this use case better than lightning. No amount of mental gymnastics can change this fact.
Nope, they receive the untrusted ecash to their NIP-60 ecash wallet and swap it to a trusted mint or lightning wallet later, on their own time. This moves the error case from the sender to the recipient.
It's just a better system for zaps.
It's the same picture.
This is the part many (most?) bitcoiners fail to grok about fractional reserve free banking. The banks keep each other in check.
congrats y'all we finally scaled bitcoin i guess we can send all the devs home now
*when attempting to zap folks
i look forward to the day when all zaps are nutzaps and i finally stop seeing lightning errors when zapping folks
This century is over one quarter done. 🤯
I deactivated my X account yesterday (partially) because I needed a mental health break
But the main reason, was because bull market twitter is so fucking gay
I spent 10 minutes scrolling yesterday. I kid you not, every single post was either a bunch posers gooning out in all-caps over the price going up 4%, or it was a circlejerk of scammers spamming "Paper Bitcoin Summer" over and over and over
There's no signal over there anymore. Yesterday was the moment I realized X was no longer bringing me any value to my life, so I just deleted it
Maybe I will come back to X in the bear, when all of these carnival barkers get wiped out. But until then, nostr:nprofile1qywhwumn8ghj7mn0wd68ytfsxyhxymmvwshx7cnnv4e8vetj9uq3uamnwvaz7tmwdaehgu3dwp6kytnhv4kxcmmjv3jhytnwv46z7qpqglqqq2czzjlzc4rqq5lsccllk3xq3q00l76yu3j28hednk7yvdmqmrwsj0 is officially on a hiatus.
welcome back to the free internet
There are two types of nurture. Mom vibes focus on protecting kids from all sources of harm to enable them to survive in a harsh world. Dad vibes focus on exposing kids to the natural consequences of their actions to enable them to thrive in a harsh world. Both are necessary and good for the long term well being of the child. Their relative importance shifts over time as the child gains autonomy.
Once you grok this dynamic you see it everywhere. It infuses honest political debate across every domain.
Understanding both sides means you can thread the needle when they come into conflict or shift the balance of power when the time is right. Few.
yeah spinning it was murder but losing at mario party was worse than murder
nostr only attracts retarded builders
Oh man. I can feel the sore on my thumb from that crappy N64 joystick. ♥️
You can't orange pill everyone. Find the open minded people on the fence and give them the nudge they need.
meetups are the tip of the spear of bitcoin adoption
support your local meetup
if you don't have one, start it
if you don't live near anyone else...that's pretty legit. respect. you're off the hook :)
⚡️🚨 NEW - nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspp4mhxue69uhkummn9ekx7mqpxdmhxue69uhkuamr9ec8y6tdv9kzumn9wshkz7tkdfkx26tvd4urqctvxa4ryur3wsergut9vsch5dmp8pese6nj96 Dorsey's “Bitchat” is now available on Android.
nostr:nprofile1qqs9pk20ctv9srrg9vr354p03v0rrgsqkpggh2u45va77zz4mu5p6ccpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tc8ju2t2 has ported BitChat to Android and it now works seamlessly with the iOS version.
Offline Bitcoin payments are now possible across all platforms.
Jon Atack is out of police custody. It seems like Salvadoran law allows any woman to have a man thrown in jail for insulting her with no proof of misconduct. A mysterious benefactor made a phone call to get Jon out.
Doesn't seem like a place that respects basic freedoms...
the future is solar panels and bitcoin miners in every home https://www.youtube.com/watch?v=HxQY_WpVdXs
If your utility offers time of use billing you can skip the solar panels and use a house battery with heating ASICs.
Top up the battery at night. Shift your flexible load to off peak hours. Stack sats every time you take a shower, heat your house, dry the laundry.
Brings a new meaning to the term coin laundry. 🪙🧼👚
nostr:nprofile1qy2hwumn8ghj7erfw36x7tnsw43z7un9d3shjqpqcmc7sh0nz8dxjxpz4s8ye75esrve4g0azty820mh8ygwv9r9dzwquhckak a heatpunk follow pack would be dope
**Bitcoin mining air-conditioner proof of concept!**
https://v.nostr.build/Dzl2wLzEWCEKvApl.mp4
A S19 KPro running at 1400w on 110v power blows hot air past a radiator coated with wet zeolite clay inside an empty s19 enclosure. The moisture in the wet clay aggressively evaporates as the hot dry air blows past it creating a cooling effect. The cooled water from the radiator is pumped to a second radiator which absorbs heat and humidity from the air creating a cooler ambient air temperature. This is just the initial setup to see if the concept even remotely works. It's clear from a few sort tests that it is working so I'll continue to iterate on the design.
#bitcoin #bitcoinmining #plebminer #homesteading #permaculture #permies #meshtadel #homemining #doublespendenergy #hash2heat #mine4heat #mining
bitcoin mining evaporative cooler lol whaaaaaat! 🤯
gonna change all my master branches to amster to reduce typos
Vitor......everyone dies....
when everybody at dinner gets the corn 