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halalmoney
halalmoney@stacker.news
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Freedom. Justice. #Bitcoin https://stacker.news/r/halalmoney
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halalmoney 3 months ago
🧐 the entire point of participating in transaction relay is having a reliable view of what transactions will be mined in the future, for at least these reasons: For performing decentralized fee estimation (avoiding the need for centralized services for this). For accelerating relay of blocks. When a node already has (most, or ideally all) transactions that are included in a block downloaded and/or validated, it does not need to redo those things when transactions actually appear in a block. The BIP152 compact blocks protocol relies on this principle. The faster the node network can propagate blocks through the network, the more it reduces the benefit of large miners over small miners (this is related to selfish mining), contributing to decentralization by not hurting new small miners entering the market. When miners accept transactions that a node shunned, the node is still required to download, process, validate, and store its result, forgoing any benefits related to moral stance or resource usage the shunning might have had in the first place. Of course, nodes are in no way required to participate in transaction relay. They can use whatever policy they like, including not relaying transactions at all (the -blockonly setting), if they are uninterested in having a reliable view of future transactions.
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halalmoney 3 months ago
The stat that always stuns me is that about 78% of the active satellites in orbit are SpaceX’s Starlink satellites. That's the degree of domination it's got in terms of access to space. The potential is huge, because every day, you can read articles about what people think it might be able to do in space, from science experiments to computing in orbit with data centres. I suspect SpaceX is probably one of, if not the most important geopolitical asset in the world. The US government has realised that SpaceX is an important partner for America's security interests, whether they like it or not. There is a degree of irreplaceability. Scottish Mortgage: SpaceX is one of the most important geopolitical assets in the world | Trustnet
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halalmoney 3 months ago
Contra - I am going to have to turn on notifications for your notes. Too good too miss! *the system is… designed to manage narratives and protect power structures* View quoted note →
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halalmoney 3 months ago
Financial Times: Instead of products or services, Strategy’s primary output is paper — and not of the pulp and cellulose variety. It issues common stock, preferred instruments, and convertible bonds to raise capital, which it then uses to buy and hoard bitcoin. And its reported operating income comes not from cash flow but from accounting gains tied to changes in bitcoin’s price.
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halalmoney 3 months ago
*“Epithinking.” Epi, meaning from above, has become a great way for me to be able to seperate the emotion from the event by stepping easily into an observational frame of mind. This has allowed me to examine information without reflexively attaching an emotion, which in turn protects me from taking a side too quickly. It is an intellectual posture as well as a process.* View quoted note →
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halalmoney 3 months ago
*today, speech flows through walled gardens, monitored by algorithms, and throttled by unseen gatekeepers. Mass surveillance, platform lock-in, and corporate censorship have transformed conversation into something fragile and conditional* View quoted note →
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halalmoney 3 months ago
*When the world’s most influential democracy can’t model constructive discourse, it creates instability that touches every corner of the globe* View quoted note →
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halalmoney 3 months ago
*our survival as a cohesive society depends on our ability to hold space for difficult conversations without demonizing those who disagree with us* View quoted note →
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halalmoney 3 months ago
🔥🔥🔥🔥🔥🔥 *The solutions we seek cannot be outsourced to political figures or institutions that have repeatedly demonstrated their limitations. The change we desperately need begins in the spaces between us. In our capacity to see past ideological barriers and remember our fundamental interconnectedness* View quoted note →
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halalmoney 3 months ago
*Satoshi… implemented something that is still considered impossible by most economists: electronic money with no counterparty risk that monetizes naturally* View quoted note →
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halalmoney 3 months ago
*To de-fang Bitcoin-as-money, the Controllers oversupply substitutes that feel "hard", "digital", "innovative", or "yieldy" - but live in supervised pipes.* View quoted note →