https://x.com/btc_archive/status/1705298689453965560?s=46
Thoughts?
My personal opinion is they are getting ready to make a gigantic series of lightning nodes and totally change mainstream payments.
Or they gonna rug the fuck out of some folks.
Hope itās the former.
#bitcoin
A long time ago, in a galaxy far far away implies that the future of our own is yet to be written.
#starwars
?ve=1&tl=1Dude is going through some stuff
#Bitcoin: The Perfect Solution for a Failing Fiat Economy
In a world where fiat currencies seem to know no bounds in their creation, Bitcoin has emerged as a beacon of hope. This digital currency, often touted as the "digital gold," offers a unique combination of attributes that make it not just a cryptocurrency, but a revolutionary savings and monetary technology. In this article, we will delve into the key distinctions between Bitcoin as a savings technology and as a potential replacement for fiat money, explaining why it is the perfect complement to a failing fiat-based economy.
The Fiat Dilemma
Fiat currencies, backed by the trust of governments and central banks, have long been the lifeblood of modern economies. However, their Achilles' heel lies in their unlimited supply. Governments can print money at will, leading to inflationary pressures, diminishing purchasing power, and uncertainty for individuals and businesses alike.
**Savings Technology: The Role of Bitcoin**
Bitcoin, with its fixed supply of 21 million coins, offers a solution to the fiat dilemma. It is, at its core, a savings technology designed to preserve and grow wealth over time. Here's why it excels in this role:
1. **Scarcity**: Unlike fiat, where printing more money is just a keystroke away, Bitcoin's supply is capped at 21 million coins. This scarcity is akin to gold, making it a hedge against inflation.
2. **Immutable Ledger**: Every Bitcoin transaction is recorded on a public ledger known as the blockchain. This transparency ensures the integrity of the system, making it resistant to manipulation.
3. **Decentralization**: Bitcoin operates on a decentralized network of nodes, removing the need for a central authority. This means your wealth isn't subject to the whims of governments or central banks.
4. **Portability**: Bitcoin is digital, allowing you to carry your wealth across borders with ease, without the need for intermediaries.
**Monetary Technology: The Potential Replacement for Fiat**
While Bitcoin is an exceptional savings technology, its role doesn't stop there. It has the potential to replace fiat currencies in a failing economic system. Here's why:
1. **Trustless Transactions**: Bitcoin allows individuals to transact with one another without relying on intermediaries like banks. This trustless nature can mitigate the risks associated with a failing banking system.
2. **Protection Against Hyperinflation**: In economies plagued by hyperinflation, the value of fiat money can evaporate overnight. Bitcoin's limited supply offers a store of value in such dire circumstances.
3. **Financial Inclusion**: Bitcoin can provide access to the global financial system to the unbanked and underbanked populations, giving them a chance to escape the pitfalls of a failing fiat economy.
4. **Security**: The cryptographic nature of Bitcoin ensures the security of transactions, making it resistant to fraud and counterfeiting.
**The Perfect Complement**
Bitcoin's dual role as a savings technology and potential monetary replacement makes it the ideal complement to a failing fiat-based economy. Here's why they work seamlessly together:
1. **Preservation of Wealth**: As a savings technology, Bitcoin can help individuals preserve their wealth against inflation and economic turmoil.
2. **Parallel Economy**: Bitcoin can coexist with fiat, allowing individuals to participate in an alternative, decentralized economic system that is not subject to the same vulnerabilities as fiat.
3. **Insurance Policy**: Bitcoin serves as an insurance policy against the failure of fiat currencies, offering a safe haven in times of economic crisis.
In a world where the relentless expansion of fiat money threatens economic stability, Bitcoin emerges as a beacon of hope. Its unique attributes as both a savings and monetary technology make it the perfect solution to complement a failing fiat-based economy. As individuals and governments continue to recognize its potential, Bitcoin's role in reshaping the future of finance becomes increasingly clear.
Gm Nostr! Lets gooooo!!! 
So it would be layer 3 since itās built on top of lndā¦correct?
Can someone help me understand why using ecash/ chaumian/fesimint would be preferred to lightning? The only reason I can see is that the privacy is total and lightning is almost total. Seem like it just recreates the current banking system with bitcoin instead of treasuriesā¦still an improvement but would need trusted 3rd parties. I admit I have a very limited understanding of this layer 3 (I guess???).
#asknostr #bitcoin #lightning #ecash
How will we know if/when AI possesses agency?
I barely know if I posses agency half the time.
#turing
If you hear a small explosion today, thatās just my mind being blown by this Alan Watts audiobook š¤Æ
Little dude was just working away this morning 
GM nostr!
My workstation today (j/k Iām just fucking off) 
Hey dude, parenting comes in all shapes and sizes so take this with a grain of salt but my middle daughter had the same problem around that age. Took her out for a sonic drink after school one day and basically just told her that life is full of things we donāt want to do, yet have to. The key is to find the fun things and just look forward to those when things suck š. So after that when I would pick her up or when I saw her after school I always asked her to tell me her 3 fun things from the day. Took a little coaxing at first but eventually she looked forward to telling me about her ā3 thingsā. Eventually school wasnāt so bad because there were at least 3 things every day.
Just my two sats brother. The very fact that you had the stones to reach out and ask for advice to make your kids life better makes you awesome!