@DETERMINISTIC OPTIMISM 🌞 any plans to make a Coldcard Q-like device but for running a full node? Use case: I want to run my full node on trust minimized hardware. I imagine it would be useful for applications built on top of the chain too that need tighter security.

How does modern day censorship work when you have the internet? Not by preventing information from leaking, but rather by drowning it in near truths, misleading statements, and outright lies to create confusion. A smoke screen. How do you “censor” Bitcoin? Not by trying to attack it directly and stop its flow. That’s near impossible. You do it by flooding the market with shitcoins and FUD while you stuff your bags and hope you can keep that going long enough to stack more than your competitors. #bitcoin #censorship

During this cycle if you find yourself having enough money to retire or live lavishly then consider giving back. You don’t have to work on Bitcoin to make a difference. Go out and help build homes. Buy school supplies for kids and teachers in low income areas. Offer a scholarship or grant to someone who wants to be a doctor or engineer. Teach.

Future headline: “Saylor found to have committed fraud and embezzlement. Many coins are lost. The remainder will be held in government custody.” Not that he’s actually doing that. The issue is he’s putting together a nice “strategic reserve” for someone to seize. A honeypot.

Not sure if it was always the case but CraigCoin has good SEO these days. A third of the front page Google searches for things like “Bitcoin private key wiki” are links to CraigCoin docs. DuckDuckGo does much better at least.

Anyone here try making a clothes drier with an ASIC? Are there any reputable products like that on the market? There’s an opportunity for laundromats. And I personally want one! #askNostr #bitcoin #asic #mining

I put together a collection of notes to use as an introduction to Bitcoin [1]. It’s not finished but I wanted to get something out there for now. I’ll be revising and extending it over time. Feel free to pass along to friends and family. 1.

GitHub

GitHub - machuPikacchuBTC/bitcoin: Notes about everything bitcoin

Notes about everything bitcoin. Contribute to machuPikacchuBTC/bitcoin development by creating an account on GitHub.

#bitcoin #orangePill #onboarding #freedom

Reminder that AI has gotten really good at video and from this block height on you can’t trust ANY videos. Especially those you agree with.

Either we never venture further into space or mining asteroids becomes an inevitability. View quoted note →

A phrase I often see online: “Bitcoin’s upside volatility will decrease over time” This is the opposite of what to expect. Fiat currencies have to debase at an accelerating rate. Thinking Bitcoin will stabilize in USD/EUR/JPY/CNY/etc terms implies either those currencies stabilize or Bitcoin adoption declines. For the existing crop of currencies to stabilize they’ll have to peg to Bitcoin somehow which might actually happen one day but then you’d still expect purchasing power to increase as technology improves economic efficiency and in any case that still implies a couple orders of magnitude more purchasing power from here. Bet wisely.

#askNostr #forHire View quoted note →

#TradFi has a lot to unlearn if they want to survive in a #bitcoin dominant world. That Happy Gilmore style of play doesn’t work outside of fairy tale finance.

Gigi did the work so you don’t have to. Here’s a great essay to pass along to anyone who isn’t closed minded. View quoted note →

Imagine if the US decided to buy and distribute bitcoin for social security. As inflation ticks up their liabilities would naturally shrink in real terms and the retired people, who are likely to pass it to the next generation relatively soon, would be protected somewhat from inflation. This also sets up for an economic boom as the next generation inherits it. Seems like a much better system than the current one. #bitcoin #inflation

This cycle feels different. If nations are truly embracing Bitcoin then what does that mean for us? NGU of course. That’s fun right? But these are the groups with the militaries and 3LAs. If you’re anything more than a plankton just keep that in mind.

Each epoch the #bitcoin network recruits many new people from all walks of life to help improve the network. People have more time to commit to open source work. Less time required to work the #fiat mines. This relatively new crop of 🌽 hodlers feel the power of low time preference and it can show in their output. Stay humble

For anyone who doesn’t know who Aaron Swartz is here’s a good starting point. A fallen hero; he is missed. View quoted note →

There may come a time when we all do VoIP facilitated by Nostr and regular messaging apps make use of this infrastructure. Imagine your phone blocking all incoming calls and texts unless they’re from your WoT. No more solicitation. No more political texts. If you move out of country nothing changes. If we’re right about bitcoin being the future of money then the whole world is about to have more incentive to standardize on communications infrastructure.

Prefer organic, free range bitcoin over ETFs

For anyone looking for gift ideas. View quoted note →