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Nik Magan
nik@nikmagan.com
npub1dvnf...ypmm
Nostr brings freedom. Bitcoin gives hope.
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NikMagan 3 weeks ago
image most people using bitcoin have no idea BIP-110 is even a thing now they never need to know that's good. in an ideal world bitcoiners should not need to check Bitcoin X regularly in order to ensure their money is still money carry on
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NikMagan 1 month ago
Hard to underestimate the impact of this Coinkite mistake. Although it is "just one company" and the bitcoin protocol and its security is unaffected, it puts an end to the dream (for most at least) that holding bitcoin in cold storage results in a stress free life, forever more, where you can go into a coma for ten years, come back, and reclaim your bitcoin. Today has shown that instead: "You must read X all the time, and then move your bitcoin TODAY or you'll lose it". The opposite of a stress free life. Incredibly sad. Fine for those of us who multi-layer our defences, but for 95% of non-technical people who are not down the rabbit hole, this put us back years of hard worked narrative around holding your own keys.
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NikMagan 2 months ago
image online safety = ID everyone = total control
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NikMagan 2 months ago
image This famous chart reminds us what happens to scarce assets when we transition to hyper-inflation. Unlikely we'll see that insane inflation in the West soon, but much higher inflation is coming. What is noteworthy to bitcoiners from this chart: If you follow the black line... you can have multi-year rangebound crap (1919-1921) with sentiment hitting lows at the end of that range, and yet be in the middle of an incredible uptrend. Sound familiar? Stay humble. Stack sats.
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NikMagan 2 months ago
Great wisdom from @Simon Dixon today: "My solution is to exit where possible and live according to your own ethical code, while building the safeguards needed to protect yourself and coexist with others through tolerance, clear boundaries, and a well-defined approach to self-defense. In the end, I think it’s a spiritual war with oneself. Being answerable to a higher purpose and a higher form of governance. This is ultimately a philosophical debate, but I believe life is a test of how we respond to good and evil, and whether we create more good than evil through our actions. I also believe money carries embedded energy. Depending on how it was acquired, invested, and used, it can amplify either the good or the bad within us."
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NikMagan 3 months ago
Just updated to v1.1.0 of Wisp, and can no longer login with Amber. Only Google or uploading your nsec?!? That's a show stopper for me. Is this a permanent decision? @utxo the webmaster 🧑‍💻
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NikMagan 3 months ago
Sci-bot is a very useful tool when researching health topics that may be deemed controversial or censored. AI that has full access to Sci-Hub. 🔥 --- X post content below: In April, a website that has been sued, blocked, deplatformed, and chased across thirty-seven domains over fifteen years quietly launched its own AI. Sci-Hub is the largest unauthorized library of scientific papers in human history. Ninety-five million academic papers. Tens of millions of books. Built and maintained by a single Kazakhstani neuroscientist named Alexandra Elbakyan since 2011, funded by donations, hosted on whatever country's registrar will tolerate it that year, mirrored across torrents and IPFS and Telegram bots. Elsevier sued. Sci-Hub stayed up. The American Chemical Society sued. Sci-Hub stayed up. India sued. Sci-Hub stayed up. Swedish registrar Njalla cut the .se domain in January. Sci-Hub stayed up at .al, .ru, .ee, .box, and a half-dozen .onion addresses the registrars cannot reach. Now the library has built its own intelligence. Sci-Bot launched in alpha in April. You ask it a research question. It answers, and it cites real papers from inside the corpus, with links that actually open the actual papers. The bot does not hallucinate citations. It cannot, because it only draws from papers it actually holds. The same property that the venture-funded labs have spent four years and forty billion dollars trying to engineer back into their products is a free side effect of training the model on a library that contains the books. Anthropic, OpenAI, Google, and Meta have all been sued in the past eighteen months for training their models on the same shadow libraries that Sci-Hub assembled. Meanwhile the corpus those scripts were pointed at, the corpus those models were trained on, the corpus the entire generative AI industry is built on, sat right there the whole time, free, with a search box on top. The pirates beat them to it. Sci-Bot was built on a corpus that was already free, by a team that asked no permission, charging no one, with the explicit position that the right to read scientific research is older than the cartel that decided to charge for it. The same arithmetic the medieval guilds used to keep the printing trade in approved hands. The same arithmetic Pope Paul IV used in 1559 to publish the Index Librorum Prohibitorum. The same arithmetic the Stationers' Company used in seventeenth-century London. Knowledge has always had a fence around it. The fence has always been guarded by men who did not write the books. The library answers. We never asked permission. We never had to.
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NikMagan 3 months ago
Some governments tell you you have to "declare" that you "own" Bitcoin. Now, how the heck do you do that, exactly? In short, knowing a Private Key allows you to request that the network apply a specific alteration to the timechain that "moves" sats from one address to another. But how can knowledge be equivalent to ownership in any legal sense? And what happens if you utter the Private Key in court? Remember - the twelve magic words in a seed phrase are not a password - they ARE the key! Now the entire court will be "guilty" of "owning Bitcoin." And how do you prove that everyone else on Earth DOESN'T know the same twelve words? Under man-made law, Bitcoin ownership is paradoxical. Under Natural Law, the keyholder simply IS the owner. No declaration is required, and no state is needed to validate it. Study Praxeology! Read Rothbard! ---
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NikMagan 4 months ago
Nature is so beautiful. Even the weeds. I just had this realization that there are no straight lines in beautiful things. The ancient Greeks new this. Their columns are bowed. And try and find a straight line in the modern day Sagrada Familia (Gaudi cathedral). image
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NikMagan 4 months ago
Nobody is more materialistic and obsessed with money than people who 'hate capitalism'. Always talking about money and how to spend other people's. h/t @zubymusic on X
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NikMagan 4 months ago
Anyone know what happened to @preston ? He always seemed like one of the good guys. Just disappeared from social media and Nostr in Feb with no explanation, sign off or blog post. His TIP podcasts just came to an abrupt halt. @nat brunell , @Jeff Booth, or any other buddies of his got any info that they can share?
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NikMagan 4 months ago
“Consensus ... is the process of avoiding the very issues that have to be solved.” - Margaret Thatcher (former Prime Minister of UK)