Now I want to use @jb55 lnsocket to create a process that listens for me to reply to notes with a syntax like: !zap {amount in sats} {content of zap message} Which submits a zap for me using the appropriate NIPs and Lightning directly. That’s the beauty of building on protocols instead of platforms.

They will use these tactics against every target of the ESG agenda.

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Matt Rosendale (@FmrRepRosendale) on X

An absolute disgrace! Storming a small business with guns drawn is nothing more than an intimidation tactic. The Biden Administration CANNOT cont...

This is how the market’s expectations for rates at the September ’24 FOMC (the last meeting before the ‘24 election) have changed in just 1 month. 6 months ago they were convinced we’d be seeing lower rates next month. Crazy times.

The Reddit protest would have been far more effective if the people protesting were actually withholding something of value. But they don’t pay for Reddit with money, they pay with their attention. The attention of a single entitled unemployed communist rounds to a value of ≈$0. If a vast majority of Reddit users had cared, maybe it would have worked. But as always, they grossly overestimated their niche concerns and assumed they were the voice of the majority when they represent a tiny minority of Reddit users. There are several lessons in that.

The new 15” MacBook Airs with the default configs are available in the Apple Store today. Custom configs available in 2 weeks. Goes to show just how soft the hardware market is now. 18 months ago you would have been waiting weeks/months to get the latest Apple laptop in your hands.

Here are the Treasury Auctions that Yellen has run since the debt ceiling deal was passed. The vast majority of the debt she has sold ($553B of $643B total) has been short duration (<= 1y) and relatively high rate (>= 4.85%). This is what I expected, but I haven’t seen anyone talk about the details so was curious.

The EU hates Bitcoin but them requiring Apple to allow side loaded apps might make it easier to use Bitcoin on iPhones in the EU than elsewhere.

MacDailyNews

Apple is ‘working with EU’ on third-party app stores for iPhone, iPad, etc.

Apple is “working with the EU” to comply with EU’s DMA which Apple to allow access to third-party app stores for iPhones, iPads, etc…

Anyone know the average duration of China’s US treasuries? If they dump a trillion while Yellen is trying to dump a couple trillion, boy howdy that could get interesting. Would be a hell of a thing for an incumbent president to face in an election year.

Every frustration we have with app stores and social platforms and tech companies is 100x worse when you get to the ISP level of the stack. That will be the final boss. Until we have a truly free market and real freedom at the ISP level, we won’t ever have a free internet again.

Damus now has a tip share feature that cuts Apple out of their 33%. That’s going to end up being the issue. Just let me pay for a Premium version and let Apple have their cut and the problem will likely be solved.

Reddit doesn’t want to keep subsidizing for profit applications that are making 7 billion API requests per month and now their overwhelmingly communist user base is freaking out over that. 🍿 For the record, free Nostr relays are never going to work long term. Bandwidth, storage, and compute all cost money. Pay for what you value or it won’t be something you value for long.

The only investment advice 99% of people will need on a Bitcoin standard is: earn bitcoin and self custody a portion of it for the future.

I reconfigured my node to allow a 1K MB mempool so I can see how many of the pending transactions are inscriptions. I suspect a lot of the 1-4 sat/vB are very stale inscriptions that first got sent around a month ago. It’s taking forever for my mempool to refill, but at about 10% of the total mempool transactions on mempool.space, 80% of those transactions in my new mempool are inscriptions. I suspect when we finally do clear the pool, there will be a huge number of new inscriptions and then things will be much quieter in inscription land going forward.

You can always tell when Bruce Fenton’s rent seeking is being threatened. He FUD’s bitcoin self custody as hard as he defends shitcoinery.

YouTubers cater to the people who have the least money to spend on whatever the subject of the channel is because that’s what a free viewer model incentivizes. You need reach, and the long tail is extremely price sensitive. If you had a paid viewer model only, I bet you’d get the exact opposite effect. The people willing to pay for content on a subject would be looking at the premium solutions and wouldn’t be price sensitive.

You love to see the patience.

It’s a weekend and shitcoiners are distracted and we’re clearing 8 sat/vB transactions while the mempools slowly clear. Barely a month after the end of the world fee apocalypse weekend. Beware the hysterics who want to make drastic changes at the drop of a hat. If the last 5 years didn’t teach some people that, nothing will.

I love this. This is how you market high end tools to people who are capable of understanding the value.

Apollo, the Reddit app, made 7 billion fucking API requests in a single fucking month. 🤦‍♂️ According to their own math, it would cost them $2.50/month/user to pay what Reddit is charging. Meaning they have ≈800K users. Charge $10/month/user. Pay Apple their 33% and Reddit their $2.50 and pocket the $4.10 left over. $3.28M/month. Of course, only a tiny fraction of the current 800K users would actually pay $10/month, but then you won’t be making 7B API requests/month and you won’t be paying $2M/month to Reddit either. Funny how charging for stuff actually forces people to decide whether it is worth using it or not.

Perfect timing. Right as the shitcoin market implodes, the Ledger folks destroyed their reputation in the one market that cares most about self custody in an effort to appeal more to the shitcoiners.

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Michaël Roerade (@MichaelRoerade) on X

Looks like Ledger's Operation Self-destruct has been an unequivocal success... #BTCPrague