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I THINK I MAY PREFER TO LOCK UP A COIN FOR A STRIKE LOAN AND WATCH MY MONTHLY PAYMENT TREND TO ZERO..

THAN LOSE MY COIN BY SELLING AND WATCH MY TAX BILL TREND UP FOREVER

Napkin math. Trying to think about the ₿ backed loans coming from Strike. Lot's of assumptions. But let's say you wanted $5k a month fiat.

At a loan to value of 50% you would put up 10k of ₿ to get it plus pay an annual interest rate of say 5% for one year. That means you would need to come up with the $450 a month to pay it back. If you did that every month for a full year you would put up $120k of ₿ and have a $5,200 a month payment with 12 loans.

So come month 13 you would get your initial 10k of ₿ released which could be rolled over for the next loan in a loop.

So you need to come up with the $5200 fiat a month and lock up your $120k ₿ year one. But by rolling over ₿ at the theoretical 50% yearly return you lower your monthly fiat payment by reducing your loan to value over time. Putting up $15k ₿ for $5k fiat with reducing fiat monthly payments each year creating a spread.

I think I would rather lock up a coin to live off it and watch my payment trend to zero than pay the irs an increasing amount and lose my coin.

This looks like if you have a whole coin worth $120k and cashflow $66K a year and live on $5k a month you may never need to sell your ₿ with a bottom of $60k.

In four years you get $5k fiat a month for near zero monthly for one coin collateral.

Am I thinking correctly.

Replying to Avatar Matt

That makes sense and it's why my mind got curious about how software could be curated. It sounds like we aren't there technically yet and may never be.

As for drafts, I don't use them for one. But my primary issue is that what I type is being intentionally recorded against my will before I explicitly choose to share those thoughts.

I get that the NSA or keyboard could be spying. Granted. But it is the principle of having no choice. Yes, I could have them saved locally. But I dont want them saved automatically anywhere unless I click a save button. It feels like an invasion to me given how I "think type." I've found drafts containing thoughts I'd chosen against sharing and never knew they were being saved. Admittedly, that experience tainted me from the start because I discovered by accident that drafts were being saved.

But even forgiving what felt like a betrayal of trust (not being told my thoughts were recorded even when I chose not to share them), I just dont want them saved anywhere unless I explicitly choose to save them. It's also annoying now that I use Amber because (I think) this feature triggers event approvals at times.

Mostly, it just feels like a violation to me and I wouldn't use Amethyst if I had a similar option that doesn't do this. Running Citrine doesn't really address the issue for me entirely. It is better than having my private thoughts fired off into the universe, but I still feel abused by having no choice in the matter. I would disable it if I could, but even a "Save as Draft" explicit choice would essentially solve my biggest issues.

On a side note, how many technical resources are being wasted on drafts people dont actually want to save? For me, the answer is whatever goes into any of them being saved.

You can use Amber as a signer and select it to not sign generic drafts.

I am only familiar with the long standing 100k minimum required to open a self custody LN channel with Olympus which creates an LN address. I haven't wrapped my head around this purchase in advance.

When someone has no sats how can they buy in advance?

When someone buys in advance is it a temporary channel rather than self custody?

Can I get a Zeus LN addresa for 7k sats?

I AM A PROUD CASHU SHILL SINCE DAY ONE WHEN CALLE ASKED IF ANYONE WANTED TO LOSE ALL THEIR MONEY SENDING TOKENS VIA DM TO NPUBS

I WAS ONE OF THE FIRST NPUBS TO ZAP ON NOSTR USING MINIBITS LN ADDRESS BRIDGE

CASHU SOLVES THE PRECOINER PROBLEM OF HOW TO IMMEDIATELY RECEIVE ZAPS KYC FREE AS A NOSTR NATIVE BITCOINER

CASHU SOLVES STACKING THE NOSTR NATIVE 100K SAT HURDLE THAT EXISTS BEFORE BEING ABLE TO OPEN A SELF CUSTODY LN CHANNEL WITH LSP MINIMUM

CASHU IS GOOD

They said bitcoin was a scam, that lightning wouldn't work, that nostr was too hard and that cashu would rug you

Meanwhile they buy the etf, never spend, get suspended on x and have to be kyc'd to get a subscription payout in dollars

The real magic of cashu and nostr is that it allows precoiner/nocoiners to bridge the first 100k sat gap that exists before being abke open a self sovereign ln channel.

You can create a nostr key pair, add a npub.cash ln address and start to get zaps immediatley. Users need to have 100k sats to open a channel with lsp like zeus.

Nostr native bitcoiners move down chain not up. Start on nostr, add cashu, open ln, close channel to base chain, hot wallet then cold storage.

Cashu makes nostr zap ecosystem seemless!

Replying to Avatar Tim Bouma

Hi folks,

A quick update. I am still hard at work on #nostr #safebox aiming for a release in Feb or Mar 2025. Right now, I am focusing on NIP-60 compatibility, so it can be used in other clients.

I am excited for the longer-term vision of creating a 'wallet' (I am trying to stop using that term) or 'safebox' that. can exist independently of app, platform, and code, for that matter. My goal is to have a stable release (in Python) so it can be implemented in other languages.

NIP-60 has opened my eyes to an entirely new architecture that enables true digital sovereignty to any individual: a private key that they alone hold protects their data, and the the relay architecture enables them to store their data anywhere they want. Privacy and optionality are the cornerstones of optionality. Storing ecash is only the start; I am also creating a capability to secure store and share private information. Imagine storing your personal medical records! That is a use case I am exploring.

I fnally want to add that I am totally grateful for the nostr:nprofile1qyg8wumn8ghj7mn09eehgu3wvdez7qgewaehxw309aex2mrp0yh8xmn0wf6zuum0vd5kzmp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgawaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skctcpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsz9thwden5te0dehhxarj9ehhsarj9ejx2a30qy08wumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wshszyrhwden5te0dehhxarj9ekk7mf0qy88wumn8ghj7mn0wvhxcmmv9uqzq7rn8p6hlsjavhxe9yu56hnhz085xcuw35jearw0t3emsd8ts50jukyjkk grant that I received. The grant has allowed me to dedicate time to the project and support resources required to make sure I create a great component.

You can monitor the project at the link below, or simply follow my posts on #nostr

Until then!

https://github.com/trbouma/safebox

I really like the idea of reading on nostr, rather than web.

I was commenting that it would be excellent if when a web url was pasted into a note that the article itself would format as a long form note on nostr rather than taking me to the web.

Not sure if users are going to be able to upload book titles or if users will read from what is offered eventually. I immediatley think of requesting a title for an ecash payment.

There are two ways to coinjoin in wallet. It is a fork of Samourai that developed these. There is no current implementetion of whirlpool.

You can import your nsec into Amber and then use it to log back into clients that it works with tha waybyour keys aren't in any app.

I like that it isn't a browser extension, keys never leave device, has seed phrase backup, can be used as remote signer for desktop

Amber is the best way to keep your nsec safe. Use it to create, store and sign with your nsec on nostr.

Mullvad has been solid, you can switch location with the tap of a button and buy a year with ln and cover five devices. I run it on my router and devices

SHIT SO FIAT

Replying to Avatar Fabian

The Nostur Report 2024

This is my second end of year report, along with some of my favorite bookmarks and thank you's.

This year there were 7 Nostur app store releases and over 36 TestFlight releases, some feature highlights from this year:

- Nostr Nests integration (Live audio spaces)

- Live video streams and chats

- Outbox / Relay Autopilot

- Video uploads

- Top Zaps

- Discover and 😂-feeds

- VPN detection

- Relay connection statistics

I build Nostur by building the features I want and need:

nostr:note16ljgxpftxp4sfvt38khcckx2wfzgyptj0u6uqg5xlcrm6n4x4d3srwmh0v

and when they hate you but still want to use your app I know I'm building the right stuff:

nostr:note19sx5a29hzkqpvm7k4e95av6wmactladcr75ul7n8zs7ngclv52gqnydaa3

I was on Plebchain Radio this year with nostr:npub1tvqc82mv8cezhax5r34n4muc2c4pgjz8kaye2smj032nngg52clq0rkrq4 and nostr:npub1hqaz3dlyuhfqhktqchawke39l92jj9nt30dsgh2zvd9z7dv3j3gqpkt56s

nostr:xevent1qvzqqqqqqypzpxlqhc8xf5u29x5uajd9erh4mpeu90a9xc4yk4vd5hlkn0puhwq7qqs2ce0h4jwclwlsy8885m2kgvth8xpnm05u7h4qxsvpgaquamdjness9stse

and on Thank God for Nostr with nostr:npub1jlrs53pkdfjnts29kveljul2sm0actt6n8dxrrzqcersttvcuv3qdjynqn

nostr:nevent1qvzqqqqqqypzpxlqhc8xf5u29x5uajd9erh4mpeu90a9xc4yk4vd5hlkn0puhwq7qqsgf5jrcsqjlwzzs5jwf5v3eesusp235s8a9089enq0cl54rfkuq3qswam7n

Demand for nostr in 2024 and beyond?

We may have gotten some more free speech on Twitter but it's still the same centralized system where you don't own your account and where the platform decides what you get to see. Demand for nostr is similar to demand for bitcoin, every time the alternatives fail it grows, and the alternatives keep failing. nostr just needs to be there and ready, and I will do my part with Nostur.

A few things coming in 2025:

- A big one that was meant for 2024 but didn't make it yet is the multi column desktop version

- Improved import/export: Nostur stores most of your data on your device instead of on public relays, this good for privacy and security but bad for interoperability with other nostr apps. Some data can already be exported easily but in order to be a good nostr-citizen this needs improvement.

- Improved Olas/Picture support

- Better search and filtering in bookmarks

- Finally rename Nostur to... ehh?

- and much more

Special thanks again to nostr:npub1lrnvvs6z78s9yjqxxr38uyqkmn34lsaxznnqgd877j4z2qej3j5s09qnw5 who keeps trying out and showing new features in Nostur:
nostr:note14lv67tma04sdwspncwc5wayjxzsvshn9602tmcta6pu36paxxtkqv4vc2m

and also to nostr:npub14f6xcqnv8vmauty6wg0mlrs3qg6llwe4lxtzqqpdnlmqah47nxrq60qvty nostr:npub1cdak4q4f3h3k3sgyh0rd5dj4w8k95f3mquzh6z3ew76vqkh60e3slyczgz, nostr:npub16jdfqgazrkapk0yrqm9rdxlnys7ck39c7zmdzxtxqlmmpxg04r0sd733sv, nostr:npub1qe3e5wrvnsgpggtkytxteaqfprz0rgxr8c3l34kk3a9t7e2l3acslezefe, nostr:npub1qqqqqqyz0la2jjl752yv8h7wgs3v098mh9nztd4nr6gynaef6uqqt0n47m, nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424 and others for great feedback and bug reports

Thanks to nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f for funding

Ending this post with some of the funniest Nostur meme/posts I bookmarked this year:

nostr:note1r988pejrz0l06laj3tuaw6kstt4mnlz389380uzrgwd22mhaklpsw075m3

nostr:note12ykfcr6kywdvaenj46msk26a0vduvq8dusaxtu0e2nwv3z7wnnxsrqplch

nostr:note13tgqfqwf3xs6qpjea5w9fftl2kpna9hzhvn3m244wulsz5m337aqv6xn23

nostr:note1fc5c7r00c3fxa4srv5lxcm8cdfc7u5fckd8ck5psy5gp8s409ums9kkcu7

nostr:note1sltappkc8j7z8f5nylk5n8fv8mhga4fglekjqw0323kxpmwhc5sqews57z

nostr:note1j3cz37t0x4keddspt4kxvevdygp4447eaghuhehpkulhxn84ydcsnxqryd

nostr:note1tfmwnrj0090k27f4pqgxnqqx3phzrjpadhhx04ghffwf6svnf9xq9zw5dw

Thanks all

I have been a proud "nostur is awesome for an ios nostr client" android user since day one. Great job pushing the features and building around the walls!

Use Amethyst and select nostr build as your nip96 media server. No need to sign in on website to upload photo.

My competition doesn't have a ₿ strategy ✴️

Dear Devs, It is almost 2025.

If the first feature isn't Amber login for your nostr app, who the fuck are you building for?

Nostur citadel building on ios

I use start9 for SearX instance, robosats, vaultwarden, simpleX relay, nostr relay, nostrudel, alby hub, pruned node for LND /zeus

I am business planning 2025 and am reviewing the ₿ financial products now available.

I have access to Square business loans that I can use to bitcoin with and pay down the loan off of daily sales. I used this to front run the bull at $49K, doubled $ and paid back already off cashflows. This is my mini Saylor move.

River now offers 3.8% ₿ interest on cash held. I need a 60 day float of fiat as not everything can be placed on credit cards. So moving my business cash there makes sense as I can withdraw at anytime. I also really like being able to set buy orders from the cash and still earn interest. So I can layer down my fiat float to points where it would be stupid not to go all in.

Strike offering business accounts bill pay is very interesting to me. I can move my current SBR in from cold storage to Strike as needed to pay down business credit cards.

Still trying to engineer the rotations of these services for the buisnesses.

Ok, so what the hell do I use this raspi 4b for?

Your coins are worth $40 million a piece in today's purchasing power and you think $299 is too expensive to secure them.

kyc ANON

centralized exchange P2P

leverage TIME

custodians SELF CUSTODY

etf COLD STORAGE

loans SAVINGS

plarforms PROTOCOLS

yeah, 1031 stands in the way of a lot these brokers exit plans, but if they just humbly pay the cap gains on that building they could easily get it back rolling profits into bitcoin

if I was sitting on all this strip mall, useless office tower inventory that has been inflated I would be selling that shit so fast

Feel this

Yes, it could potentially solve this. You could also try restarting tor from the settings first. But a reflash of the sd card to the latest should fix most issues.