On Android, Primal has one major advantage over Amethyst. Primal presents a thread in a proper tree, while Amethyst does not.

I feel like the Bitcoin ecosystem is missing a go-to library of procedures and practices. That is, a collection of how-tos. For example, how to setup a wallet to self-custody keys. How to buy Bitcoin using fiat. How to protect against losing your keys. How to protect against losing Bitcoin on death. How to setup a wallet to enable Lightning transactions. How to setup a digital service to take Lightning payments.

Without scarcity and deprivation of use, there is no concept of property. Ideas have no scarcity. When someone applies your idea, it does not deprive you from using that idea. Therefore, ideas are not property. https://mises.org/library/book/against-intellectual-property

One of the greatest movements in the 1990s was patterns (design patterns, architectural patterns, stereotypes, archetypes). Pioneers like the Gang of Four (Erich Gamma, Richard Helm, Ralph Johnson, and John Vlissides), Martin Fowler, and Douglas Schmidt wrote books and wikis to capture patterns. The truth of a pattern was obvious. The explicit and precise specification in human language enables immediate affirmation, because the reader recognizes it as being not novel. The reader has seen it many times before, so the pattern communicates no new knowledge. This is a key characteristic. It is important to say a true thing that is obvious to everyone when expressed explicitly, especially when it has never been said explicitly before. The utility is that a pattern formalizes a term of art. It establishes a word or phrase as referring to a specification that details its meaning. Knowing the name of the pattern, the listener can immediately reify a mental model, and know that everyone hearing the same name will share that mental model. That is powerful. Through patterns, coders effectively changed natural language within the domain of software development to be "English as code". When communicating with English in other contexts, there is a high degree of imprecision. We have to account for ambiguity with more or less generous interpretations. However, with patterns we can be more confident in what we say and what we hear from others who speak in those terms. I feel like in our journey toward Humanity as Code to enable AI functions that can subsume human toil, we should be specifying patterns as formally as possible across all domains. Perhaps AI models can be doing exactly this on our behalf by distilling our writings into pattern specifications, which can then be verified and cleaned up. This would form a reliable repository of truth, which can then be used for training.

«Money is backed by purchasing power. That in turn is backed by productive capital.» I gained that insight today, so I share it with you. I feel like my superpower is distilling masses of cross-disciplinary information as a generalist into compact precise expressions that capture the essence. (Fewer words, more punch.) I feel like this skill is important toward being able to compactify knowledge into a tweet or a meme. I've said for decades: use simple messages. Now, as to the substance of the insight, I feel like the goldbugs got it wrong. Money backed by gold's intrinsic value can only be assured to hold up to the gold's utility value. My insight is obvious once said aloud, so I claim no brilliance to have said it. I am a little resentful that Austrians didn't say it ubiquitously before me, so that public discourse would not be filled with idiocy like "Bitcoin is backed by nothing" or even "fiat money is backed by nothing". Both statements can now be seen as untrue. A resource view (a non-monetary view) helps to understand the value of things, so that we are not confused by the obfuscation of value in monetary terms. Which seems strange if one purpose of money is as a unit of account for a common way to assess value across all domains. Where money fails in that purpose is in assessing itself.

The biggest tragedy of modern corporations is that division of labor (benefiting from comparative advantage among individual workers and job roles) leads to fragmentation of responsibilities such that catastrophic inefficiencies arise. These manifest in the form of "above my pay grade" (vertical) and "not my job" (horizontal) deference. The shedding of responsibility and narrowing of scope per worker leads to few (if any) responsibilities taken on to bring everything together. To mitigate the fragmentation of responsibility, the modern corporation generally thinks of the roles for "bringing everything together" in the following ways: 1. Team Managers - supervises people, time/effort, cost, performance 2. Project Managers - oversees plans, schedules, deliverables, coordination 3. Product Managers - gathers requirements, analyzes the problem domain, understands the market, shapes the product vision, specifies the commercial terms, coordinates how to go to market 4. Architect - precisely specifies the problem domain and designs the solution approach, enables the work breakdown for planning The biggest problem with this view is the incoherence of the following principles that most people who build products are well-versed in. A. Architecture is everyone's responsibility. B. Security is everyone's responsibility. C. Performance is everyone's responsibility. D. Quality is everyone's responsibility. These things being everyone's responsibility actually become either no one's responsibility or someone's responsibility. That someone will have neither the power to oversee nor the capacity to deliver, because indeed these are shared (team) responsibilities for which a designated leader can only serve as a champion and cheerleader and/or an annoying nag. A professionally managed organization, especially at large industrial scale, solves these problems with a matrix. While people management is hierarchical (Team Managers), work is managed through "dotted line" reporting structures that cross functions. A RACI matrix specifies this precisely. Every job role/responsibility and its relationships to all others is defined in terms of Responsible, Accountable, Consulted, and Informed. This form of professionalism is what breeds the "above my pay grade" and "not my job" mentality. Professional management is what kills "CEO mentality", which is the founder mode entrepreneurial spirit instilled throughout an entrepreneurially managed organization. The problem is how do you scale founder mode beyond the founders? How do you scale CEO mentality beyond the CEO? How do you assign responsibility without breeding irresponsibility elsewhere?

Perhaps we should expect applications to evolve to become AI-enabled by embedding small local models that are specialized to each application. However, such models would have enough agency to reach out to services enabled by large models, whenever the local small model needs expertise that falls outside its own. Just like how the model should know when it should perform Web browsing to fetch the most up-to-date information; or it should invoke a calculator to do arithmetic; or it should invoke Mathematica to solve differential equations analytically; or it should generate Python and execute it to perform computations; or it should use online services for payments, commerce, and logistics; similarly, it should know what online services (large models) to collaborate with to take advantage of expertise beyond its own limited capabilities.

Bitcoin priced in fiat is more volatile than Zelenskyy's butthurt.

Web of Trust is not. It should be a Web of Authenticity and a Web of Integrity. It is NOT a Web of Authorization.

Intelligence metric: epistemological dynamic range. Measure how far a person can understand the world in terms of abstractions, while also grounding such knowledge in terms of concretes. The metric is not scalar. One dimension is in the meta direction. Another is breadth across domains (analogs).

@npub1kzu0...rf4g topic suggestion: for the many types of wallets and devices that you talk about, what is the role or function each of them plays in terms of the uses cases and journeys that a typical person would experience? Jade, Bitkit, Fold, Nunchuk, etc. It's hard to understand how each of them fits with the other, and why you'd use them in conjunction.

Fiat slogan: fux the money, fux the world.

I think I must be a total LN dumbass. When Satoshi Wallet was working, everything was flawlessly easy. It gave me an email-like address, and zaps to it just worked. When it was shut down, I started using Cashapp, it shows a bc1q address and a lnbc address for receiving BTC. However, I just realized the lnbc address changes with every transaction for privacy, and maybe it even expires after some time. Cashapp doesn't give me an email-like address for LN. Or does it? This is so confusing.

Is Primal superior to Amethyst on Android? I should give it a try.

I'm not a proponent of Apple iPhone. However, as an Android user while the rest of the family uses iPhones, I feel like I have a much higher rate of fat-fingering when using GBoard. Apple's virtual keyboard accuracy is far superior.

Worth contemplating: what 'checks and balances' exist in our system of government to counter abusing classification of data to hide wrongdoing?

«One day you discovered you'd learned a cartoon version of Lincoln in school. Not the man who favored an amendment to the Constitution forever preventing the federal government from abolishing slavery»

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Our culture and societal cohesion relies on a shared understanding of history as a collection of false but believable myths. Myths are formed from idealized stories retold to essentialize some moral principle or some virtuous characteristics that inspire us. Of course, the noble goal of freeing the slaves motivated our nation to transform itself. This is one element that binds us proudly in fraternity, because we are a part of a great improvement in society. We are built on myths to fuel our virtues, such as courage and valor. We look back to the precursors to our society, such as the 300 Spartans who stood bravely against the vast Persian army of Xerces. Their battle cry Molṑn Labé defied the enemy to come take their cannons and semiautomatic rifles, as it does today for us.

Did the value of all NFTs crash to zero yet? And everyone moved on without anyone noticing?

If there was ever any doubt that Jack was in favor or tolerant of establishment censorship and narrative control using Twitter, we now see that Bluesky is in full-on censorship mode to suppress such opinions as "trans-women are men" and to suspend accounts who engage in such speech.

@npub1kzu0...rf4g I just heard your rant about Pear Drive. A quick search failed to find any trace of the project and its source repository. Is it not open source?

Spotify

Read_854 - Guerilla Open Access Manifesto

Bitcoin Audible · Episode