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Poppz
poppz69@nostr-check.com
npub1vm4s...axyl
bitcoin poppz69@getalby.com
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Poppz 2 years ago
It's interesting that storage is still going Moore's law at a fast pace , but computational power is already hitting estabilization , another thing that Bitcoin was designed in mind or it is a coincidence, but incredible nevertheless. image
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Poppz 2 years ago
Wallet of satoshi down ?
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Poppz 2 years ago
nostr experience is so clean, clean of things that suck your time and soul. hope it stays that way for a long time.
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Poppz 2 years ago
Zapping one single click with amethyst and Alby is a game changer ! The setup is still very difficult.. but if you get it working its worth it !
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Poppz 2 years ago
SBF depressed because they don't let him play League of legends anymore ... image
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Poppz 2 years ago
Been Listening to Peter Schiff Debates About Bitcoin & Gold One thing I learned is Peter Schiff loves to talk over his debating opponents and insist that Bitcoin is not worth anything. When challenged he doesn't give anything other than tautological reasons. In any event, I think the respective communities' members show a huge demographic shift in what the old guard values and the younger generation values. Like many good ideas in the world, it may just be as the older generation passes away the world increasingly shifts to a Bitcoin Standard. Go back to 2011 and listen to some of his first opinions on bitcoin and debates arguing against bitcoin. You will find he hasnt changed his initial stance in over 12 years and his initial stance was from a position of ignorance and misinformation as he had done zero research on the topic back then. This means in over 12 years shiffty schiff hasnt even scratched below the surface of what bitcoin is how it works and why it is valued as money. His stubborn ego and old world biases have caused him to completely miss the future of money. He could have put $10k into bitcoin when he first heard about it just as a way to learn ($10k is nothing to him) which would have left him with 10,000 btc which is worth $270 million today. This is 4 times his current estimated net worth of $70 million. This is a great example of how ignorance ego and old paradigm assumptions can cause people to miss what is right in front of them. Peter Schiff should be the number one case study in any future book about predicting the future and the danger of biases.
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Poppz 2 years ago
Owning any ammount of BTC is an achievement, because it means: (1) You had money lying around, which most people don't (2) You researched Bitcoin, studied the technology, economy, money, the theory of value etc. to arrive at the conclusion that it's worth swapping those melting-ice-cube dollars for BTC - which most people are too lazy / brainwashed / blind / whatever to do (3) You were smart and bold enough to actually do it, which most people aren't The achievement is in the very fact that you bought it with the intention to hodl. It may drop to $8k or whatever, but you're zen about it. Others will sell the dip, you're smart enough to hodl if not buy more. Your actions and intentions show patience, diligence, curiosity, intelligence, character, principles, virtue, a desire to make the world a better place and faith that it's possible. That is your achievement.
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Poppz 2 years ago
Route Blinding was also merged on lightning, improved privacy coming... Route blinding allows a recipient to provide a blinded route to potential payers. Each node_id in the route is tweaked, and dummy hops may be included.
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Poppz 2 years ago
bip 327(musig2) was emerged: One of the biggest motivations for Taproot was that Schnorr signatures/public keys can be combined into a single signature, and be indistinguishable from a singlesig. MuSig2 is one signature aggregation scheme for Schnorr signatures, and this is the one whose implementation BIP 327 talks about. It's a big win for both fee reduction and privacy. If wallets implement this scheme, then a 2-of-2 or a 100-of-100 (or any n-of-n as far as I can tell) will be as cheap and indistinguishable from a regular singlesig Taproot spend, which also means greater anonymity for all Taproot wallets (is it a singlesig address, is it a multisig address, is it a multisig with alternate spending conditions like Lightning, who knows!) MuSig2 support is also planned for Lightning (along with Taproot), so in the case of a cooperative close, your LN channel close will look just like a Taproot spend (with lowered fees as well). Also, MuSig2 will make LN channel gossip messages smaller. From what I remember, when information about channels is being passed around the network, it includes proof that the on-chain UTXO belongs to this node by providing signatures for 4 keys (2 Node ID keys, and 2 UTXO spending keys). With MuSig2, you could have a single signature for all 4 keys, leading to lower bandwidth usage.
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Poppz 2 years ago
image Bitcoin enduring all the FUD and attacks ...
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Poppz 2 years ago
In short, according to Giacomo Zucco, Bitcoin inadvertently creates the shitcoin Ripple. Ripple pays and sends Greenpeace to create an anti-Bitcoin campaign. Greenpeace sends Ben to make an anti-Bitcoin sculpture. Ben inadvertently creates the most incredible, beautiful and impressive bitcoin token ever created, and it is enthusiastically adopted by bitcoiners. Oh, Ripple, what have you done!
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Poppz 2 years ago
image how you should behave as a bitcoiner that goes throught a sea of scammers, fiat maximalists and cryptobros everyday..
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Poppz 2 years ago
image hope hal finney set up a btc fund for the future..
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Poppz 2 years ago
When they make a movie about our son's and the next generation that will lead the world .. image
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Poppz 2 years ago
Bitcoin is ridiculously undervalued! Gold has not been money for decades. However gold will not reassert itself as money. At best it will act as a safe haven for people to hide from bank fragility and inflation. It is bitcoin that will end up asserting itself as global money as fiat collapses and all countries enter a global sovereign debt crisis. Gold is worth $12 trillion currently and could double to $25 trillion if used as a safe haven. But if gold is nothing but a safe haven and bitcoin asserts itself as actual global money then bitcoin should be worth many multiples of gold. Conservatively lets say bitcoin should be worth double gold when gold is worth $25 trillion. That puts bitcoin at a $50 trillion market cap just for it to reach fair value during a period of financial crisis and sovereign debt crisis. So lets say today before this financial crisis hits it should be no cheaper than 1/10th of its fair value of $50 trillion (ie $240k per btc). So bitcoins fair value before a financial crisis should realistically be $240k per btc and in the midst of a financial crisis and global sovereign debt crisis it should be worth $2.4m per btc. If we are entering a financial crisis and are at the beginning of a global sovereign debt crisis then bitcoin has to rise 85x just to reach fair value. Bitcoin is ridiculously undervalued!
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Poppz 2 years ago
image mempool purging transactions less than 5sat/byte what a time to be alive...