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jake
zapjake@getalby.com
npub10q7n...senv
I like turtles. And bugs.
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jake 2 years ago
Random example of bitcoin utility: Historically, if I were going to prison for say 10 years, I’d likely lose all my assets or at best have to entrust them to fam/friends who might steal/waste/lose, and I’d come out destitute. Today, I could liquidate everything, buy bitcoin, put it behind 12 words, and carry it in my mind for the duration of my prison sentence, and (likely) come out richer. (Not a criminal, just randomly occurred to me)
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jake 2 years ago
My list keeps growing: Ten inventions of bitcoin, EACH of which is so profoundly revolutionary that its value and impact cannot be calculated. -Absolute scarcity: The first and only substance of finite quantity -Real digital limits: Digital data bound by the laws of physics (via ‘proof of work’), creates singular digital objects that cannot be copied / reproduced -Pure shared custody: The only asset that can be jointly-owned by multiple parties without any supervising authority -Machine money: The only asset that can be independently possessed and spent by machines/AI (to pay other machines or even humans) -Uneditable history: Immutable, unfalsifiable, time-stamped historical record of any data type (not just financial transactions!) -Energy ‘dung beetle’: The only locate-anywhere, instant on/off energy consumer (enabling previously impossible renewables buildout, grid stabilization, and methane mitigation — flared and landfill) -Non-violent property defense: Secures real assets via impenetrable cryptography rather than by threat of violence (by person or state) -Time-locking: The first and only asset that can be irretrievably locked away for a pre-determined interval of time — without any entity holding custody or having access -Micro-transactions: Combined with Lightning network or similar protocol, enables instant, direct, global transaction of tiny amounts of value via internet -Undetectable bearer instrument: The first and only bearer asset a person can carry on their person within their mind — across time, space, borders, scanners, searches — and with no limit on quantity Each of these is an entirely new invention or discovery, not possible prior to — or without — bitcoin.
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jake 2 years ago
Look at this 👀
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jake 2 years ago
Damus fam would you mind sending a sat or two? Tryina figure out if I successfully changed from WoS to ably here. Still trying to figure out where to enter Nip 05 tho
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jake 2 years ago
Anybody know how to update my profile picture on @primal? It didn't come through from my account made on Damus, and I don't see how to change it in settings...
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jake 2 years ago
This is just a test note, using Primal.net for the first time. @primal @miljan was awesome on the Dispatch with @ODELL, got me fired up
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jake 2 years ago
Unpopular opinion: Shitcoins are a boon to bitcoin because they attract and absorb governmental attention and ire, providing cover for bitcoin to continue growing relatively unmolested, and also provide a foil against which the virtues of bitcoin are more easily explained and perceived.
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jake 2 years ago
gang gang gang gang yes yes yes slurp slurp slurp ice cream so good yes yes yes
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jake 2 years ago
Eight inventions of bitcoin, EACH of which is so profoundly revolutionary that its impact and value cannot yet be calculated. -Absolute scarcity: The first and only substance on earth of finite quantity -Real digital limits: Digital data bound by the laws of physics (via ‘proof of work’), creates singular digital objects that cannot be copied / reproduced -Pure shared custody: The only asset that can be jointly-owned by multiple parties without any supervising authority -Machine money: The only asset that can be independently possessed and spent by machines/AI (to pay other machines or even humans) -Uneditable history: Immutable, unfalsifiable, time-stamped historical record of any data type (not just financial transactions!) -Energy bottom feeder: Locate-anywhere, instant on/off energy consumer enables renewables buildout, grid stabilization, and methane mitigation (flared and landfill) -Non-violent property defense: Secures real assets via impenetrable cryptography rather than by threat of violence (by person or state) -Micro-transactions: Combined with Lightning network or similar protocol, enables instant, direct, global transaction of tiny amounts of value via internet None of these exist without Bitcoin.
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jake 2 years ago
Hey y’all, help me understand something. If me and my friend have KYC sats, can’t we just clear the KYC by selling to each other for USD? Like I buy 0.1 BTC from him for USD, and he does the same to me. To fresh wallets. And pay whatever capital gains or loss taxes, obviously. But at that point, the privately purchased sats are KYC free, no?
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jake 2 years ago
WHY THE FUCK ARE FOOD PLACES REQUESTING TIPS AT ORDER PLACEMENT AND THEN NOT EVEN GIVING IT TO THE EMPLOYEES
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jake 2 years ago
Our so-called leaders speak With words, they try to jail ya They subjugate the meek But it's the rhetoric of failure
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jake 2 years ago
Five inventions of bitcoin, EACH of which is so profoundly revolutionary that its impact and value cannot be calculated. Never before existed: -Absolute scarcity: The first and only substance on earth of finite quantity -Real digital limits: Digital data bound by the laws of physics (via ‘proof of work’), creates singular digital objects that cannot be copied / reproduced -Pure shared custody: The only substance/asset that can be jointly-owned by multiple parties without any supervising authority -Machine money: The only asset that can be independently possessed and spent by machines/AI -Uneditable history: Immutable, unfalsifiable, time-stamped historical record of any data type (not just financial transactions!) This list expands as I ponder it further. Don’t hesitate to add!
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jake 2 years ago
“It’s just an open source decentralized spreadsheet. Any of our existing systems that are weak enough to be threatened by an open source decentralized spreadsheet deserve to be.” - @Lyn Alden
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jake 2 years ago
Four inventions of bitcoin, EACH of which is so profoundly revolutionary that its impact and value cannot be calculated: 1. Absolute scarcity: The first and only substance of finite quantity 2. The only asset that can be jointly-owned by multiple parties without any supervising authority 3. The only asset that can be independently possessed and spent by machines/AI 4. Immutable, time-stamped historical record of any data type (not just financial transactions!)
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jake 2 years ago
Touch sand. #zapathon image
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jake 2 years ago
Paul Krugman discovers the rugpull…. image