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optout
optout@nostrplebs.com
npub1kxgp...lecx
freedom tech ⚡ freedom money
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optout 3 months ago
@OCEAN -mined blocks are mixed: some filtered, but many use no filtering. Specifically, it seems that at least these entities are mining with Ocean but using Bitcoin Core unfiltered mempool (consistent with majority of miners): * Penguin 0.7 EH/s * Peak Mining 1.2 EH/s * NiceHash 3 EH/s This all makes sense as Ocean offers the option to chose your own template. image
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optout 3 months ago
Exactly! Couldn't have put it better mysekf. The urge to save in bitcoin slowly creates urge to earn in bitcoin which slowly creates urge to accept and pay in bitcoin. View quoted note →
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optout 3 months ago
As a proof-of-concept, I'm mining with BitAxes in a pooled setup, with lightning payments, using Ocean Pool @OCEAN , with own block template (Core). image #BitAxe
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optout 3 months ago
Received my first PAYOUT from OCEAN, via Lightning (BOLT12)! image
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optout 3 months ago
Too bad crypto people stained the "crypto" word (which was just a short form of cryptography). Fortunately the word "cypher" is unaffected.
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optout 4 months ago
Bitcoin treasury companies are not treasury companies Over the history of bitcoin, many people has reached the conclusion that bitcoin is where they should keep some/most/all of their savings. The same arguments apply not only to individuals, but to ANY GROUP with an economic activity as well -- be that a family business, a medium sized company, a city, or a country. These entities started saving in bitcoin later (mostly due to inertia and the slowly adopting legal/regulatory system). I expect this to happen more and more, as the natural progression of bitcoin. You may not like some of these entities, but that doesn't matter (bitcoin is for anyone), and coins will never run out (who want them more will get 'em). image Treasury companies on the other hand -- and here I mean (Micro)Strategy and clones -- are a different, because they stack coins from the money of OTHER people and entities. In this regard they are more like the "send me a coin, I'll send you two" schemes. Even the name is a misnomer: if you buy MSTR for btc exposure, they stack coins from your money, so not from their own treasury. It's very important to distinguish companies stacking from their organic cash reserves and the debt-sucking investment machines. Be careful with the latter. They may have an accelerating effect on bitcoinization, but come with great risks.
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optout 4 months ago
All Nostr key holder apps should support multiple identities! Nostr has some strengths: 1. you can reuse your identity across apps 2. you can create multiple identities (for different use cases) Identity creation is easy, but switching between identities should be easy. as well Therefore all Nostr key holders -- signers (Amber), extensions, bunkers -- should be multi-identity. Unfortunately that's not the case for most extensions.
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optout 5 months ago
Bitcoin is money. Money is bitcoin. Let that sink in
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optout 5 months ago
Played around with needles&thread with the kids. I bet this beats the skills of most adults in the western world, sadly. image
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optout 5 months ago
Today it's using bitcoin vs. using fiat. In the future everybody will use bitcoin -- it will be about using bitcoin in a sovereign way vs. through an institution.
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optout 5 months ago
I lost trust in the science establishment during covid. I still think that the Scientific Method is the basis of our civilization. But the scientific establishment is a whore to those in power.
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optout 5 months ago
hyperbitcoinization > paperbitcoinization someone pls make a catchy meme out of this