Arcstrad's avatar
Arcstrad
npub1vq9h...ff2y
Disbeliever of institutions. Strongly allergic to morons. (Ex?) Private Analyst for a very secretive, record-smashing bitcoin whale known as Pharaoh.
Arcstrad's avatar
Arcstrad 4 months ago
A just king is one that takes care of their subjects. I woke up today and saw that my net worth has been quadrupled. I have never been disappointed by King CZ 👑 View quoted note →
Arcstrad's avatar
Arcstrad 4 months ago
I don't want to be the doomer but like I'm looking at the chart and, man, 150k really ain't happening. We’re already racing the clock before the next bear cycle, and somehow still dwibbling dwabbling under 120k since July. Pretty sure my call’s gonna be right. Pharaoh single-handedly triggered the bear.
Arcstrad's avatar
Arcstrad 4 months ago
“I refuse politics" says the crypto bro who won’t touch a 10x coin because it’s Chinese. You’re not apolitical, you’re just deeply unserious person.
Arcstrad's avatar
Arcstrad 4 months ago
Oh dear Satoshi, we are very close to coming full circle. Time is an eternal recurrence that we cannot escape. Will we see that headline again? "Chancellor on the brink of second bailout for stablecoins." image
Arcstrad's avatar
Arcstrad 4 months ago
List of jobs that will be obliterated by AI and when. image
Arcstrad's avatar
Arcstrad 4 months ago
Bloomberg journalist interviewed me about stablecoin usage in Southeast Asia. She was very thankful and said it is quite difficult to find someone to be interviewed for some reason. I think the reason why is quite obvious. This is a privacy oriented space.
Arcstrad's avatar
Arcstrad 4 months ago
I genuinely think the singular, unchangeable "private key" model is a serious problem for Nostr’s future. It is one thing to ask bitcoiners to use private key, they basically just need to hold it, and switching accounts or keys has no major downside. But #Nostr is a social space where you often need to carry your login across devices and across apps, and being a social space, your social history matters a lot and has to be carried along with you. Unlike Bitcoin, you can’t just rotate your private key and start fresh. Doing so means abandoning your followers and your entire identity tied to the old account. So all it takes is one random hack, or one mistake from you, and all the social capital and work you've built under that one Nostr "private key" is gone? What a terrible model.
Arcstrad's avatar
Arcstrad 4 months ago
I cannot believe Tether is releasing their own version of shitcoin called USAT (read: YOU SHAT) image
Arcstrad's avatar
Arcstrad 5 months ago
Let's say my account got compromised somehow and the hacker managed to get hold of my private key. At this point I would assume I need to migrate my account elsewhere to a new key, because unlike centralized application I cannot simply "change my password" in #nostr. The private key system is set in stone and unchangeable. My question is there an app to help me migrate everything I have from one key to another key? #asknostr
Arcstrad's avatar
Arcstrad 5 months ago
Out of all the #Nostr Twitter clients I’ve tried so far (Damus, Primal, Jumble, Ditto), Jumble has been hands down the best in terms of ease of use, simplicity, and connectivity. I love their strong focus on relay control and transparency. You can see which relays each post comes from, and explore them, thus increasing discoverability of posts. In Primal, for example, most of your feed will just come from people you follow, so this can quickly create a bubble. Tell me, is there any client better than Jumble that I haven't tried yet? #asknostr
Arcstrad's avatar
Arcstrad 5 months ago
The reason why I can yap however I like about Pharaoh is because he didn't ask me to sign an NDA. Like I said, the dude keeps failing upwards. Incredible amount of luck on his part, too.
Arcstrad's avatar
Arcstrad 5 months ago
Looking at the Bitcoin chart today and I'm like... ehhh, I'm not sure we can hit 150K without breaking historical precedent, to be honest with you. We've got roughly one month left. When Pharaoh dumped everything and spooked every single analyst in the world, it turned into a massive resistance line. What a terrible place to sell, so typical of him, always failing upwards. If you could believe it, I actually told him directly that if he sold his holding, he could possibly single-handedly kickstart a bear market, I guess he did not believe me or did not give a shit, and so here we are. Personally, I think we could've hit 170K easy if he hadn't spooked the market, but now, I don't think we can even reach 150k.