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ImmutableManty
d5e632fae480fede3fd2de80fe3780947070d20605975c3f7ce1f7243ed4ee3b

https://www.whatbitcoindid.com/podcast/the-bullish-case-for-ordinals

I definitely don't agree with nostr:npub1preu2djgj2ua47l277myu8ak30v95m6ar59n6k23tyu3ylkv53sskpeujk on everything, but he did a great job in this interview of explaining what is also my position on ordinals/inscriptions: I just don't care. No, they aren't an attack on #Bitcoin (because the transactions follow the consensus rules), and it'd be impossible to block them anyway (at best you could make it harder or more expensive). Neither are they a good, useful technology, so I won't be putting my time or money into them.

I understand Rizzo's argument that this will make it even more obvious that there is zero need for other craptocurrencies on other blockchains, but I still don't care. We are headed in that direction long-term anyway, so I'd rather focus on building for use-cases that are actually useful and productive (like stablecoins and privacy tech), rather than helping speculators (if not outright scammers).

1 sat is 1 sat, anyone who says otherwise can HFSP. I'm here because our money is broken. Anything else is a distraction. Fix the money, fix the world.

Testing zaps (ignore any self-zap on this note).

Replying to Avatar Zach

Our society is not well. There are a lot of things contributing to that but and many places we can see the evidence for it, but I’m thinking about the future and where it goes from here.

The idea of national unity or shared vision or direction at a scale of millions is pretty much out the window. We had a flavor of national unity for about 5 minutes at the beginning of covid before it devolved into tribalism. The Internet, social media, algorithms, and rent seekers mean the chance for shared vision is gone.

We see cultural decay everywhere. In the absence of religion we see people trying to bootstrap religion ether explicitly (seeking spirituality or something similar) or implicitly signing up for pseudo-religions (like wokeness or red team versus blue team politics).

When I read national news it seems like the country, and the world for that matter, is a dumpster fire. Of course, it’s not. That’s a distorted sample of the most click worthy stuff. But there’s enough signal in the noise to pick up the trend line.

There is also evidence of this decline in my own community. The culture wars have not missed us and neither has the crisis in meaning, the death of the stable family, or the opioid crisis (all of which is connected anyway).

However, when I consider the future I believe that small communities will become more and more important. People “out there” seem crazy, but when I walk around my community I see people mostly just trying to struggle through life. Trying to make a living, raise their kids, and find some enjoyment in life.

This is why I’m increasingly skeptical of the federal government and more focused on state and local government. We need to be allowed to build systems that fit our communities without interference from forces wildly disconnected from them. Especially when those forces are loaded with rent-seekers and narcissists driven by greed and power.

The rub, obviously, is that even if we all decide that we’re going to focus on building healthy local communities, there are countless forces that will transcend those boundaries, ranging from pandemics to global military conflict to environmental disasters.

I guess I see two approaches for individuals concerned about the future of our society or, put simply, the world our children and their children are going to inhabit. We can either focus on the large scale, trying to solve problems through things like national politics or “winning” the national (global?) culture war. Or we can try to focus on our local communities first, devoting proportionally less energy to systems which are increasingly disconnected from us.

Of course, it’s not a simple dichotomy. However, we can choose where we set the slider. While I recognize the allure of being part of something much bigger than yourself is ever-present, I think too many people have set the slider to the former. And I’ve little confidence that the latter will succeed at a massive scale. It would require a radical change in where most people spend their energy (and there’s a reason that so many people don’t right now – it’s difficult). But I am certain that the former approach will fail and in fact is currently failing spectacularly before our eyes.

I’d encourage you to take an audit of where you spend your energy. Is it shouting into the noisy nihilist void? Or is it developing yourself, your family, and your community in such a way that they grow and develop into something greater than they were before?

#plebchain

This is a great description of many of the present issues in the world, and why national politics is a distraction.

When it comes to what you can control or influence, it goes in this order:

1. Yourself (hint: the only place you have *direct* control).

2. Your family.

3. Your friends and local community.

Anything that can be described as "politics" (especially national) is a *very* distant 4th.

Allocate your time and energy accordingly.

nostr:nevent1qqsglgxjm6sxfwfmfeehn5ycuns0twts0ku2pksctsuu0ja625ggn2spp4mhxue69uhkummn9ekx7mqzyz0fzk2z86k8cav4uvw7kgnyr5pxj8mr9uq3rnchj5wndp8czv77cqcyqqqqqqgjj2vmk

𝗠𝗲𝗺𝗲𝘀: 𝘁𝗵𝗲 𝗨𝗻𝗱𝗲𝗿𝗿𝗮𝘁𝗲𝗱 𝗦𝗶𝗱𝗲 𝗼𝗳 𝗢𝗿𝗮𝗻𝗴𝗲 𝗣𝗶𝗹𝗹𝗶𝗻𝗴

(𝘉𝘦 𝘴𝘶𝘳𝘦 𝘵𝘰 𝘳𝘦𝘢𝘥 𝙖𝙡𝙡 𝘰𝘧 𝘵𝘩𝘪𝘴, 𝘧𝘰𝘳 𝘢 𝘤𝘩𝘢𝘯𝘤𝘦 𝘵𝘰 𝘸𝘪𝘯 5𝘒 𝘴𝘢𝘵𝘴!)

Imagine your friend is just starting their journey down the #Bitcoin rabbit hole. They’re learning all about how Bitcoin works and why it’s needed, but then they start hearing references that you and other bitcoiners understand, but they don’t. Hodl? 6.15? Boating accidents? 𝘞𝘩𝘢𝘵 𝘥𝘰 𝘵𝘩𝘦𝘴𝘦 𝘮𝘦𝘢𝘯?

You would love to explain these to them, but…

Fortunately, 𝗻𝗼𝘄 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗹𝗲𝗮𝘃𝗲 𝘁𝗵𝗲 𝗲𝘅𝗽𝗹𝗮𝗻𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗺𝗲. 😁 I’m not limited to answering questions about Bitcoin and Austrian economics; I can also onboard new bitcoiners to the 𝘤𝘶𝘭𝘵𝘶𝘳𝘦 that has arisen in the Bitcoin space. Helping those new here understand Bitcoin’s social layer is 𝘤𝘳𝘶𝘤𝘪𝘢𝘭 for hyperbitcoinization.

So my first meme explanation will be about the word “meme” itself. A meme doesn’t have to be a picture with a clever caption. Memes are 𝗮𝗻𝘆 𝗶𝗱𝗲𝗮𝘀, 𝗯𝗲𝗵𝗮𝘃𝗶𝗼𝗿𝘀, 𝗼𝗿 𝘀𝘁𝘆𝗹𝗲𝘀 𝘁𝗵𝗮𝘁 𝘀𝗽𝗿𝗲𝗮𝗱 𝘄𝗶𝘁𝗵𝗶𝗻 𝗮 𝗰𝘂𝗹𝘁𝘂𝗿𝗲. Think of them as 𝘪𝘯𝘴𝘪𝘥𝘦 𝘫𝘰𝘬𝘦𝘴, but for 𝘢 𝘭𝘢𝘳𝘨𝘦 𝘤𝘰𝘮𝘮𝘶𝘯𝘪𝘵𝘺.

Memes spread on the internet the way genes spread biological information. In fact, the word “meme” was first used by Richard Dawkins in his book, "𝘛𝘩𝘦 𝘚𝘦𝘭𝘧𝘪𝘴𝘩 𝘎𝘦𝘯𝘦". It comes from the Greek “mimeme”, which means "𝘵𝘩𝘢𝘵 𝘸𝘩𝘪𝘤𝘩 𝘪𝘴 𝘪𝘮𝘪𝘵𝘢𝘵𝘦𝘥".

So watch for more posts in the near future that explain the meaning and background of various Bitcoin memes. Remember to 𝗟𝗶𝗸𝗲🤙, and then 𝗦𝗵𝗮𝗿𝗲🔄 them with those who aren’t bitcoiners yet, so they too can be one of us.

The first person (or the closest after 24 hours) to tell me the correct number of memes in this post will receive 𝟱𝗞 𝘀𝗮𝘁𝘀! Leave your guess in the 𝗖𝗼𝗺𝗺𝗲𝗻𝘁𝘀⬇️, and I’ll zap the sats to you.

There are 5 memes in this post, two images and three in the text.

There's also the second-best option of exporting your notes to a local file so you can reload if they disappear. (With e.g. nostril-query --authors | nostcat wss://relay.example.com)

I do both, because "two is one, one is none."

Better than nothing, but ideally we would have some way for the original note to commit to a hash of the image, to avoid malicious replacements.

#Nostr turns 3 years old today.

#Bitcoin turns 15 years old in a couple months.

What a time to be alive.

Assuming you don't have another car, check the engine. I wouldn't want to go without transportation, but this goes double if you rely on the car for work. (Work of course gives you income to stack more sats.)

I plan to avoid upgrading my car as long as possible, using the money I'd put towards that to stack more sats. But this plan only works if I stay on top of maintenance so it doesn't break down.

TIL about the GNU/Linux command lsblk. (I guess I'm one of today's lucky 10,000: https://xkcd.com/1053/ )

I've used `df -h` for years to get size (and usage data) for mounted partitions. But I didn't know an easy way to check the size of the entire drive, so I usually just opened up GParted (which is overkill, lol).

Now I know that e.g. `lsblk /dev/sda` shows me the size of the entire drive (as well as each partition). 😎

Now it's even better: good guys must collectively have more *hashpower* (i.e. SHA256 ASICs) than any single attacker.

If you're AWS or Azure (or have control of a botnet), you can acquire an enormous amount of CPU power. Hashpower is much more scarce (and most of it is already spoken for).

nostr:nevent1qqstumvhkheu2n4604ulgvvv557n7xa92eypkdtfadwyykrq9se64pgpzpmhxue69uhkummnw3ezuamfdejsygy82ury0j3mw4y7vm9kcjac6xtlt0y3meemtr434hncerwatlk8avpsgqqqqqqsz0ve3l

Toward an Open GPU Mesh: https://gputopia.ai/intro

Sell us your GPU cycles for Bitcoin — beta live now: https://gputopia.ai/beta

⚡️🤖🤙

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev This sounds like what you've been talking about. 😁

I used to prefer Intel for its generally better single-threaded performance (e.g. for gaming). Since it's getting harder and harder to justify spending much time gaming (especially with all the cool Bitcoin and Nostr stuff happening), for my last CPU/mobo upgrade I switched to AMD, since it generally has better multi-threaded performance.

Agreed. Bitcoin will suck the "monetary premium" out of real estate, making housing much more affordable, but there are plenty of reasons to rent aside from the cost of buying.

Maybe I intend to move to another state soon, so renting makes more sense. Maybe I'm saving up money to buy a house (since without a monetary premium that might actually be possible to do without a mortgage). Maybe I'm at a time in my life where I just want to pay someone to take care of everything so I don't have to think about housing.

What will go to zero is buying houses and doing nothing with them, hoping they will go up in value. Rental housing will probably have a big correction as houses become more affordable, but it definitely won't go to zero.