Nuh

Bluesky is trending towards less than 1 Million daily active users and that includes people silently liking ... That is the total addressable market of large world social media... And remember, almost everything else is better off with a slightly enhanced version of Email.

Scaling Bitcoin is the only long term solution for sovereign digital identity beyond the features that Pkarr already delivered on... If you want sovereign digital identity for organisations, or families, or individuals that don't want to opt in extreme security setup from day one, or if you are concerned about quantum for some reason... You need a total ordering of events, and that can't be done without a Blockchain and sharding through L2s... If you can secure bitcoins with covenants, you can secure identities too. Programmable money is programmable data so it can be programmable phone book.

I have said this and I will say it again; people are not just lazy or ignorant, the service is simply not valuable enough, if anything, people welcome not being able to use social media, they use it for the same reason they eat cheap fast food; they can't afford what they really want; IRL quality experiences and relationships. No one will pay to scroll, nor they should. nostr:nevent1qvzqqqqqqypzpml96ysd7rxzjra8fpe8ldz6cjru4tf5d48j9yatq60g7q0u2xvpqythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qpqegzp3l6jgfesq8lmja4at3z7q3lzx5llxn6u9cnrz2qw77jd456qw5uaaw

People say Blockchains don't scale then build protocols based on WoT... That is basically like saying; Hammers eventually break so I will just use my fist.

Rootstock (80% of Bitcoin hash power and no speculative asset to pay fees with) is insanely under utilized infrastructure... Even if you don't trust the federated peg that majority of Bitcoin miners seem to trust enough to get paid through, you have to admit it has much more track record than any Cashu or Fedi mint..

Beautiful day, fuck zios and may they never recover and may their days in power be entirely behind us.

You don't hate Jewish supremacists enough... Remember this when they get killed and people call them innocent civilians nostr:nevent1qvzqqqqqqypzqntcggz30qhq60ltqdx32zku9d46unhrkjtcv7fml7jx3dh4h94nqythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qythwumn8ghj7un9d3shjtnwdaehgu3wvfskuep0qqsp6784fzy03z7e8xyq72pl29yr6c99axl303669jxvj4cc05jwrecaz87cs

jewish supremacists killed more than a hundred Palestinian in Gaza, around 50 of them are children... No hostages no nothing they are just murderous genocidal scum with infinite blood lust.

Congratulations to nostr:npub1hf5sgehj874r3y2hps9r36qap20cffauc7t895var2ajlsg32mcqa7dp8n and the team, looking good.

The more people talk about these systems as actual payments and not just credit the better... Bitcoin has been suffering from good as an enemy of the perfect for so long, and totally surrendering the market to KYC garbage. nostr:nevent1qvzqqqqqqypzq3hk4n0eqeprgy305zq0tk00d9tn67gsfrsty4nrp790993nrdh8qy88wumn8ghj7mn0wvhxcmmv9uq3vamnwvaz7tmjv4kxz7fwd4hhxarj9ec82c30qqsgaedqs0mwdgjwfmlngwk39637mxh8wft4p8m7y8pxe0pl6flg4zgsndkqm

the worst thing about Luke's FUD is that it is not actually working and Bitcoin isn't getting any cheaper

There is no limit on how many people can own UTXOs. The only limit is the level of "consistency"... L1 will always be the highest and most expensive, but that doesn't mean that smaller regions are worthless... That is just absurd garbage, if your money is confirmed in the eyes of everyone you trade with on a monthly basis, you have all the decentralisation you need. At this point I figure, autism is the worst risk to Bitcoin, when people can't see beyond the dichotomy of either global consensus or KYC "show me a video of your buthole to be able to spend" centralisation nostr:nevent1qvzqqqqqqypzpycvemcjxuka9utq2l8u2ncdhk2rxhvt2x6wyumjx6cqe2m33lxeqythwumn8ghj7cnfw33k76twv4ezuum0vd5kzmp0qythwumn8ghj7cnfw33k76twv4ezuum0vd5kzmp0qqstp0ff3wxcnu6f8s04je4w9clmxyu6y0hf6ctkhx5dygzpvkudsqgq2esup

Is anyone tracking non-kyc custodial LN and other Bitcoin IOUs rug pull rates? I figured this is a very important metric to have; without the regulations, how often do dark providers steal/disappear/fail?

Businesses benefit a lot from centralisation and gate keeping, but if you are in the business of non-kyc Bitcoin services... You really owe it to yourself to organise your data in a ledger, make it public and make your server algorithmically replaceable... Because your service is going to be shutdown sooner or later, and you lose all your hard earned credibility... Give yourself a chance to salvage that later with a dark service.

My most common argument has always been that decentralised search is impossible, this is still true, but I think every vertical (streaming, micro blogging, video, etc ..) should have some standard most likely imposed by a client, and let few indexers compete .. but I have no idea how would the indexers get paid when the clients have all the power. Still, if Podcasts can interop, maybe more segments of the web can.

Soft fork idea; any UTXO being spent has to include it's entire Utreexo proof in the witness. Oh you have been hording a UTXO from Satoshi days? Your consolidation transaction costs extra 7kb per input... Sorry.

If you hate At protocol (I hate the identity layer), this thread from Rudy should make you annoyed, it proves they have the will, integrity and vision to move towards more decentralisation. My problem is, interop will break soon after... So I wish people just give up and focus on group chats instead... Maybe leave global discourse to special occasions and ossify it like Gmail, because there is no hope for doing both innovation and interop on the long term of increasing social fractions... Bitcoin is marvelous because it scales despite all this social shit nostr:nevent1qvzqqqqqqypzpm5aj708u9qc48m5w2a0stwfvzp2p4p9rdmmevts5mkweyl6mlmyqyg8wumn8ghj7mn0wd68ytnddakj7qgwwaehxw309ahx7uewd3hkctcqyqlpe92ldqww0djgft0tmru05hvljjj2se0lqf44972qqr7v2s8gytvqqg8

There is a new trend of "start centralized/trustful and decentralise/trustless when the need arise" that you can't unsee everywhere; - Bluesky - Hyperliquid - all Rollups - Ark - Cashu mints I am not sure how to feel about that, because... It is efficient you can't argue against that, and until regulations crack down it is hard to justify the complexity. Arguably, even Bitcoin didn't start with as much decentralisation as it has now, Satoshi could have reorged the chain anytime he wanted in the beginning, no? There is a formula between decentralisation and the value secured by that decentralisation... Too much decentralisation is wasteful for no value, and too little is dangerous for too much value.