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Michael Snoyman
e3ba5e1a06e11c860036b5c5e688012be2a84760abc066ac34a099535e433365
Programmer, economist, author, speaker, weight lifter, Bitcoin enthusiast. Born in 🇺🇸, living in 🇮🇱 עזרי מעם ה' עושה שמים וארץ

Looks like I need stronger floor mats for my home gym. Deadlifts seem to have cracked the concrete under the mats, and now water is leaking in.

I read half a book on Modern Monetary Theory. I couldn’t stomach more. The basic premise was “since we print money as a nation, debt isn’t a problem because we can always print more money,” with some caveats about inflation as if it was a crazy extreme corner cases of money printing we’d have to try really hard to hit.

The scariest thing about the book: if you grant the premises of Keynesian economics and the veracity of fiat currency, the conclusions make perfect sense. Just shows how absolutely insane the current monetary order is.

X under Elon seems to have a big advantage over Twitter under powers-that-be: the rules are clearer and enforced more uniformly. But ultimately, it's still centralized power with arbitrary rules, rewarding the worst kinds of people with the ability to control others.

Money is the root of all good

I ended up going in this direction for now, you made a solid point. I'll probably pick up a Jade or two in the future as a backup device, and may look into some of the more advanced hardware wallets too. But I wanted to get my sats out of the hands of my Ledger-held seed phrase.... just in case. And hardware delivery times to my house are unfortunately really slow.

Thanks. I had blocked sinus passages that led to chronic sinus infections. The surgery opened up those passages, and now I’m almost 100% recovered. Feels good man

What’s up with your Achilles? Depending on the situation, lacrosse ball massage may help. I ordered a foot massager from AliExpress, it’s not pleasant, but helped give me some extra Achilles tendon flexibility.

Intermediate barbell powerlifting program. I started lifting about 10 years ago (I think?), but had some major health issues over the past 3.5, unsurprisingly starting with when we had twins. I had surgery earlier this year, finally was able to start lifting again, did Stronglifts (novice program) to get some of my strength back, and then transitioned to MadCow so I didn't kill myself.

It's a 3-day-a-week program, heavily squat focused, and instead of doing max lifts for every set, mostly focuses on progressive weights throughout each session. I was planning on doing it for maintenance instead of strength gains, but since I switched over my numbers have shot up way more than they did on Stronglifts.

We got any other weightlifters in here? Doing MadCow, currently on my #DeadliftThursday

I haven’t looked at the underlying mechanisms of relays much yet. Would it make sense to build a dedicated “relay manager” relay that allowed any number of apps to connect to it and then it “deduped” these requests?

Yes. Paycheck arrived yesterday, did my normal thing of liquidating my dollars. Would have done it regardless of the price, but it’s always nice when payday and the dip coincide.

My guess is that this is being driven by the shorts.

One approach: treat MSTR like BTC, buy and hodl regardless of price, we know it will go up over time.

Another: MSTR is doing great work, but it’s ultimately giving up your direct control of your money, and depending on market valuation in a manipulated stock market system.

I’m about 95% into BTC, 5% into MSTR due to this risk. And I hold the MSTR because (1) I treat it like a risky leverage play and (2) for my children’s brokerage accounts it was a choice been that and IBIT, and I trust Saylor more than Fink.

Not currently on chain, but layer 2s and other external systems allow it. I believe Lightning already supports millisats (thousandths of a satoshi)

Hello fellow wordler

Wordle 1,277 4/6*

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Gm. Thinking about replacing my Ledger and Trezor devices with Bitcoin-only devices. Any recommendations? I’ve heard good things about Jade, but no real leaning. #bitcoin #asknostr

I probably wouldn’t have even noticed the ATHs today if I hadn’t gotten the coin market cap alerts. I should probably delete the app.

You wound me 🤣 nostr:note1m6vzdh8dzpt8w3k0mg0fl5wesudwsv2upjwl2c0muhukkl5xcqasaelfml