Profile: eac69792...
Twitter has become Instagram with the amount of slop posts (AI-geenrated or not).
I'm trying to filter it out as much as I can, but I'm seeing way too many video form posts and clips of random things just for Blueticks to get some Elonbucks.
One can also sense how the general algorithm is tuned for people to distract themselves from certain topics.
Sorry abi, I am that friend IRL.
Let's assume they've reached a level of self-custodying (a hard wallet) what do I direct them to do? (in a fairly lightweight way)
You can't make this up ... nostr:nevent1qqsz04z6hcsqv4hh0ktk54k4m5e9v8ckhdakcts4h9t2g0ecduznrws7rc02c
A sign to stop using Coinos.
You should update your NOSTR guide!
Consider the following scenario:
As an average Joe, how am I supposed to manage my BTC?
- My BTC are KYC'd because that's the easiest way to buy BTC
- I never transact with it, just hodl
- When I'll have to sell to fund a large purchase (a house, renovations, medical bills etc.), I'll have to deal with UTXOs, tax from the government, AML questions (risk for suspension) when trying to transfer a massive gain in fiat value to my bank account.
/end scenario
How do I best explain how to mitigate the drawbacks of all of these points to an average Joe who wants to invest in BTC because he's getting shafted by the central bank?
I've had a similar experience growing up with the Internet.
For social media, I always remind myself of the quote:
> "The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact."
It's just a competition of narratives. You have to be educated enough to see through their interests and rethoric to understand where they actually come from.
What sucks is the addictive element of it.
A positive outcome of all this is a sense of meaninglessness that helped push me towards what is actually important in life:
- We are vicegerents of this earth, we have to build and contribute to our present and our the future. We're all headed towards the same certain destination, and it's not worth it substituting it for what is transient.
Fees seem a bit high (~2%) for a transfer using Pocket BTC?
This is an interesting article, of which the conclusions include
> Global economic relations appear to be characterized by persistent imbalances and power relations rather than by self-correcting market mechanisms. To move toward a more inclusive and mutually beneficial trade and monetary system, structural reforms of the international monetary and exchange system are needed. These could involve:
> Pegged exchanged rates closer to purchasing power parities and/or a common currency
Now, an astute reader can probably figure out that such a global, common courtesy would have to be decentralised, limited, with proof of work attached to it etc.
I think we all can think of a suitable candidate that fulfills those criteria.
https://wid.world/news-article/unequal-exchange-and-north-south-relations/
There's a huge issue of importing stuff across the pond (tariffs on import, surveillance), so there's a strong preference for me to keep it regional.
I quit zapping because it kept bugging out so much and reestablishing a connection just wasn't feasible despite a timeboxed effort.
Enthusiasm is nice, but to get a sizeable following at some point, reduction of friction has to become a priority.
I'm not seeing the lightning feature on Aqua unfortunately
Do you use anything for storing the seed phrase?
Also, are you still using coinos for lightning on nostr or have you switched?
Ok, I will test it out. Inshallah it will work out well.
I am still navigating the best way. I've been using Revolut for over a year and it's worked well, but not a place to store BTC.
I have looked at Trezor too, but not sure if it's any good.
Is it a Swiss company? How has the USB connection held up?
Some people recommend Coldcard, but since it ships from US(?) I don't want to deal with the fallout of that (customs etc.)
Maybe nostr:npub175nul9cvufswwsnpy99lvyhg7ad9nkccxhkhusznxfkr7e0zxthql9g6w0 ?
I'm looking for a hard wallet for long term cold storage. I'm just stacking and feel uncomfortable on an exchange.
Whatever happened to these folks? π
nostr:nevent1qqs98xlw725h2eemjmw4tn35hcyhyzq5p7whcg30wv0ydkthj2cvprcpp4mhxue69uhkummn9ekx7mq8gae42
They yearn for the coal mines.
Thanks for taking the time to answer
Self-adjustment you mean? e.g. if adoption is high enough, then enough transactions will be in BTC that if some miners quit then profitability goes up? So someone else takes their place and sweeps up the transaction fees?
So this would be post 2140? But what about my descendants? How will the use sound money?
How can I be confident this will happen and people won't just abandon it?
What happens to the BTC network once mining stops becoming profitable? Will transaction costs be enough, considering people tend to want to minimise it?
Could you share a link to the source of this chart, please?
I think Elon and friends are trying to shift attention away from the H-1B visa debacle to anti-Muslim rhetoric.
That's the benefit of owning a platform like Twitter. Basically, we're back to the same thing with traditional media - narrative control.