Understanding #Bitcoin mining was one of the first things that made me really grasp what an insane and brilliant system Bitcoin truly was... If you still think it's just some gamified ponzi scheme, I urge you to take a few minutes and watch this 👇

today's vibe coding break: made myself a simple python password generator that pulls 5 words from the BIP39 sed word list rather than a bunch of random characters. easier to remember

My only complaint about Jumble.social is the inability to "like/heart" a post, which i can't seem to turn on anywhere. It's simply that I want a social signal somewhere between "ignore" & "give sats" for 2 reasons: - it feels kinda like going to a website and only being able to rate something a 1 or a 9/10, skipping everything from 2-8. - the zap experience on Jumble is like 4 steps, while the heart/emoji option would be one click without any delay or waiting. Slowing down the flow of scrolling through the feed is actually the bigger barrier, but I also like the more "micro engagement" part of liking a post as well. It boosts the post visibility without needing to send a transaction or put it in my own feed.

Yeah people I think don't realize, that this will likely continue until everyone is so convinced that it's never going to end, that they leverage themselves in an absurd way, *en masse.* Otherwise the more people are carefully and responsibly "leveraging" or just building easily managed positions, there won't be a "bubble" yet. But only a gradual, stair-stepping increase in the price floor. But there will only be so much stair step growth before the FOMO hits, and major institutions and governments question their own sanity, for not buying #Bitcoin at $105K, while it's breaking through $300K. And In a panic they will allocate everything they can, and leverage everything they can because they just can't believe its happening. Then it works out great as it breaks through $500K, and they double down... THEN we know what happens. The question is just at what point does this occur. How long can the detractors hold themselves back and convince themselves that "it's all just an illusion," vs how long can the responsible buyers keep stacking and pushing the price up bit by bit, vs how long it takes for #Bitcoin to utterly defy everyone's expectations and cause a panic, first to the positive, then to the negative. Path of greatest pain. Always has been. View quoted note →

Idea: What if you could set a price to have someone you weren’t following, and who wasn’t in your social circle, to be able to put their post in your feed? Obviously with options to filter as you saw fit, but simply a way to have people reach you if they wanted to expand their network and visibility. It would essentially be boosting except you aren’t paying a centralized platform, you are paying the people directly to accept it. Similar to “zapvertising,” except not in a zap message or DMs, just to cross into their line of sight while on Nostr 🤔 Good idea, bad idea? Discuss…

We have literally been taught to think that mindlessly consuming is *good for the economy.* This idea is so perfectly and mind bogglingly backward it’s hard to believe it’s as universally believed as it is. Consumption is the destruction of goods. It’s using up stuff we need. That’s it. No economic model, or statistic about the velocity of money changes that this is all that occurred. We had some valuable stuff before, and now we don’t. This is a stupid, and incredible lie. It’s like someone at dinner eats way more of the food so there’s less for everyone else at the table, and then they say, it’s ok I’m “stimulating the kitchen.”

Ok looking for some more Bitcoin related found footage today: Does anyone have video from one of the many hydroelectric bitcoin mines out there? 2,100 sats if you find me something I can use. #ZapWork #Sats4That #Bitcoin #AskNostr

Holy Shit!!! 9.7% REAL yield on a payment network while holding the keys to their BTC the entire time!! Holy shitballs that is absolutely insane! This has to be the craziest thing to come out of the conference this year. I don’t think people will get how big of a deal this is. Things are about to change big time. This is fucking nuts.