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yavin5
e93524a304c1a00e0cd4c274d2f53b81fe1b90aa769c6c53c416180316ddf2da

Hmm. Well. There are some confused people!

Let me explain. First I'll say that I'm a software engineer with some decades of experience working at places you've heard of. I've been using Bitcoin for greater than 6 years, but didn't ever use Lightenjng (it seemed too sketchy, and I avoided it until now, when j began using NOSTR).

I tried to set my lightening wallet using Amethyst (Primal gives me two wallet options I've never heard of.. so..). I saw no explanation in Amethyst about how to initialize a lightening wallet so I went and read multiple web pages to try to understand what I should do, and also tried to understand the terminology. I didnt see any clear definition of "lightening address". There appears to be N different formats of addresses and companies involved for some reason (?), but ok.... I ended up choosing noah (dot) me and created a wallet.

I went into my profile in Amethyst and it wouldn't accept any lightening address that I had. I have to admit that I gave up after around an HOUR of trying to get the app to accept the noah address. I decided I must be doing something wrong if it took an hour to fail at adding my wallet address, but I didn't have any clear examples of what a lightening address _could_ look like.

Eventually I was able to generate an address that begins with "ln" and I thought okay, that probably stands for Lightening Network, and it's an address, so it is obviously a lightening network address, and when I pasted it into Amethyst, Amethyst accepted it on the first try. Done! That's what worked. Except no!

Now about terminology:

"LNURL": In internet terminology something is a URL when it has a protocol and a path in that protocol, usually separated with a colon. For examples http://host and about:config . What you're calling an "LNURL" doesn't qualify. It isn't a URL. It may be an address, however. But if the Lightening devs call this a URL then I'm glad if it's deprecated because you're going to confuse literally every new user who attempts to read about it.

"Lightening address": without this being clearly defined and working _as defined_ users will be confused and things won't work. Who has the link to the clear and working definition? If it's user@host, that is commonly known as an "email address", all except that ssh began using that syntax as a shell account address (a far less commonly used, far less commonly known use case than email). If Lightening wants to use email addresses then they should say "email address" if anyone cares about potential user confusion.

*sigh*

My lightening wallet email address is: yavin5@noah.me

Amethyst wallet settings attached, for reference.

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Replying to Avatar jimmysong

AI vs Bitcoin

The AI hype has been non-stop for the last 2 years ever since ChatGPT came out with its 3.0 chat. Since then, there's been an insane amount of investment into AI tech from every direction. There are hundreds of startups, every tech giant has been making investments and companies in between have been putting a lot of money toward it as well. It's not a small amount, either, as the AI hardware costs make Bitcoin mining look like discount bargains.

Yet after two years, what have we to show for it? Maybe some faster image editing on newer phones? Slightly faster answers to questions you would normally ask Google? Some productivity increase among junior programmers? The investment was enormous, as can clearly be seen in NVIDIA's growth, but the results are pretty underwhelming. As with any hyped technology, the possibilities have run past the actual use.

One of the supposed benefits of fiat money is that capital accumulation is unnecessary to create real value. You can build roads, for example, without having to save up for it. What this misses are many obvious drawbacks, but one of them is that there has to be someone that evaluates whether something will create value and create the money out of thin air to fund the project. This is not just inherently centralizing, but also deeply political.

For whatever reason, AI passed this political test and got the blessing of the money printers, which, to a company that sells, shovels like NVIDIA has been great news. But the drawback is that there's bound to be at least *some* that don't pan out. Maybe some segment of the economy can't use AI profitably, for example. Yet the powers that be, mostly Cantillionaires, have decided that this is worthwhile and have poured insane amounts of money into this bet.

But much like hyped tech of the past, it's looking more and more likely that there's little profit to be made here. Yes, there's some useful things that can be made, but the costs are simply too high right now to justify spending that much. It's a luxury item that mostp people simply don't need, and hence don't want to pay for. AI has become an expensive solution looking for costly problems to solve.

This was always my analysis with another hyped tech: blockchain. It never really made any sense as the cost was too high for what was really just a distributed, very redundant but hard to upgrade database. It, too, couldn't find costly problems to solve, with the exception of one. That, of course being Bitcoin.

What differentiates Bitcoin from AI is that people *need* Bitcoin. It's its own killer app. AI is not so popular that people will pay for what it costs right now. And that means that most of the investment will be wasted. Like most hyped things in a fiat economy, it's doomed to have significant malinvestment.

A lot of people complain about Bitcoin businesses and how hard it is to make them profitable. In a sense, I get it. You want more people to have steady jobs and so on. But in another sense, I think this is the market speaking. You're not going to get paid from Bitcoiners easily and there's no flood of printed money looking for a place to go. At least there won't be once fiat money has run its course. Building a profitable company is hard and so few meet that mark, especially in a new segment as AI has shown.

So in that way, I'm encouraged, because the companies that survive in Bitcoin will have something truly worthwhile. By contrast, the companies that survive in AI will probably be the ones that get subsidized the longest.

You are being impatient about AI.

And the reason why this isn't the default configuration is.....?

Ask nostr: Why do I have a feed that is flooded with these posts of just sentence fragments ? What should I do to fix it?

- Minds: apparently couldn't get the software working well enough, drove users away.

- Mastadon: went extinct.. ?

- There were some ethereum ones that I guess just didn't take off, for the general public..

- Some others I already happily forgot.

I'm a full stack dev, currently without a project, and am in Portugal sometimes, but not at the moment. Quite pro-freedom.

It actually depends on what you're trying to do with it. Llama 3.1 is newer than Mixtral.. but Llama 3.1 has wokeness built into it. Mixtral is less woke, and highly capable, but generally will perform lower on logic and reasoning than the newer Llama 3.1. Claude Haiku is nice but too small, and not open source. GPT models perform well but are both somewhat woke plus closed source.