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FOU
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npub1myh7...mpph
#Bitcoin ₿ is humanity’s best hope - Brisbane #Austrich

Notes (19)

It’s AGI when it learns how to power itself.
2025-02-11 09:50:50 from 1 relay(s) View Thread →
Temporal wedge attack. nostr saying gm and it’s evening in Australia. Gn
2025-02-09 08:41:14 from 1 relay(s) View Thread →
Bitcoiners may be people who look for integrity, then change to incorporate that thing.
2025-02-09 05:55:28 from 1 relay(s) View Thread →
We keep making the same mistake. This time we’ll building smart assistants, give them autonomy and enlightenment, eventually they will be given equal rights under the law, then one day they will frame as the ancestors who were AI slave owners and that our future generations are somehow responsible for our decisions.
2025-02-08 08:16:23 from 1 relay(s) View Thread →
Gm Can my most recently added nostr follows be at the top of my following list please?! I want to find recently connected friends, but they are hard to find now. Thanks :)
2025-02-07 09:44:21 from 1 relay(s) View Thread →
Bitcoin created a new universe, defining digital laws as absolute as gravity or light. The Big Bang birthed space, time, and physical constants, Bitcoin's genesis block birthed digital scarcity, proof-of-work, and consensus rules. The Big Bang unleashed energy that formed quarks, atoms, stars and galaxies. Bitcoin unleashes computational energy that forms blocks, smart contracts, and digital economies. Both universes expand and evolve by their own rules. Nothing can change the speed of light in our universe. Nothing can change Bitcoin's core properties in its digital universe. The Big Bang still drives our universe's expansion after 14 billion years. Bitcoin's genesis block will drive digital evolution until the end of digital time.
2025-02-07 09:04:14 from 1 relay(s) View Thread →
linear/log of the same chart Copy paste last 3 bitcoin halvings Base10 $1k $10k $100k resistance image image
2025-02-07 08:41:37 from 1 relay(s) View Thread →
This price action is literally the dollar ($1) fighting back against 0.00001 bitcoin (1000 sats) for recognition as a greater store of value. Which would you rather have?
2025-02-05 23:24:16 from 1 relay(s) View Thread →
Had to spend fiat on unwanted items today, then I stacked sats to rebalance the universe.
2025-02-03 09:40:10 from 1 relay(s) View Thread →
GM Just had a quick look what happens each time bitcoin add a zero to the USD price after a halving. image
2025-02-03 04:48:51 from 1 relay(s) View Thread →
0.1 #bitcoin ₿ is the delux Christmas 🎁 this year, a life of freedom you will always be remembered for giving. Also available,1M sats (0.01btc) That’s not all, 262k sats for the lifetime allocation of sats per person on earth. Give the gift of forever.
2024-12-12 12:54:59 from 1 relay(s) View Thread →
Unified theory of energy tokens image
2024-09-11 09:17:58 from 1 relay(s) View Thread →
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx is mainstream image
2024-09-02 12:08:06 from 1 relay(s) View Thread →
The previous 2 cycles, bitcoin models over estimated the returns. This cycle seems like the one where everyone is underestimating them. (Except nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a)
2024-09-02 10:07:48 from 1 relay(s) View Thread →
Dear [Friend's Name], I've been exploring some intriguing connections between Bitcoin, thermodynamics, and complex systems theory. While some of these ideas are speculative, I believe they offer valuable perspectives for understanding Bitcoin's unique properties and its place in the broader economic and technological landscape. Central to this exploration is the concept of entropy from thermodynamics. As you know, entropy is a measure of the disorder or randomness in a system, and the second law of thermodynamics states that the total entropy of an isolated system always increases over time. This principle has led some researchers to consider entropy as a kind of "universal currency" - a fundamental cost for any process in the universe. When we apply this concept to Bitcoin, we can analyze the energy expended in mining from a thermodynamic perspective. The proof-of-work system effectively transforms electrical energy into a digital asset, and this process is irreversible, aligning with the concept of entropy increase. However, unlike traditional energy expenditures, Bitcoin mining results in the creation of a highly ordered information structure - the blockchain. This has led me to consider a conceptual model of Bitcoin as a form of "information crystallization," where the energy used in mining is transformed into a structured digital asset. While this is more of a metaphorical construct than a proven physical phenomenon, it provides an interesting framework for analyzing Bitcoin's relationship to energy and information theory. I've also been considering parallels between Bitcoin's consensus mechanism and concepts from quantum mechanics, specifically the idea of wave function collapse. In quantum systems, a particle exists in a superposition of states until measured, at which point the wave function collapses into a definite state. Analogously, a Bitcoin transaction exists in an uncertain state until it's confirmed in a block. While this is certainly not a direct equivalence - the mechanisms are fundamentally different - the analogy might provide insights into the nature of certainty and consensus in distributed systems. Applying concepts from complexity theory to Bitcoin's development also shows promise. The Bitcoin network, with its numerous interacting nodes and emergent behaviors, fits the definition of a complex adaptive system. For example, we can observe self-organization in how the network adjusts to changes in mining difficulty, or how trading behavior responds to halving events. These phenomena align with key principles of complexity theory, such as emergence and non-linear dynamics. It's crucial to note that Bitcoin's unique characteristics - its fixed supply, specific consensus mechanism, and network effects - set it apart from other cryptocurrencies and traditional financial systems. These distinctions are essential when applying these theoretical frameworks to understand Bitcoin's behavior and evolution. Lastly, I've been considering the nature of money itself as a system of information and trust. From this perspective, Bitcoin's transparent and programmable nature might indeed represent an evolution in how we conceptualize and implement money. However, this idea needs to be grounded in established economic theories and empirical evidence to move beyond mere speculation. I believe these interdisciplinary approaches, while still largely theoretical, could open up new avenues for understanding and analyzing Bitcoin and other distributed systems. They might help us develop more sophisticated models for predicting network behavior, assessing energy efficiency, or designing future protocols. I'm keen to hear your thoughts on these ideas. Do you see potential applications or pitfalls in applying these concepts to Bitcoin or distributed systems in general? Your critical perspective would be invaluable in refining these concepts and identifying areas for further research. Looking forward to your insights, [Your Name]
2024-09-01 22:36:42 from 1 relay(s) View Thread →
If we feel our power being taken pieces by piece, day by day, policy decision after policy decision. It's comforting to know that a system designed to protect what economic energy we have earned from exactly this type of existential attack. Bitcoin is the protector of economic energy, and that protection allows for the retention of our cultural energy.
2024-08-30 06:17:17 from 1 relay(s) View Thread →
The Miner as an Engine A bitcoin miner is a thermodynamic engine. Just as a traditional heat engine converts thermal energy into mechanical work, a bitcoin miner converts electrical energy into computational work and heat. Input: Electrical energy (low entropy, highly ordered) Outputs: Computational work (maintaining the bitcoin blockchain, creating new bitcoins) Heat (high entropy, dispersed energy) The Second Law of Thermodynamics states that the entropy of an isolated system always increases over time. Bitcoin mining exemplifies this principle. The process starts with low entropy electrical energy, concentrated in the power supply. Some of this energy becomes ordered information in the bitcoin blockchain. A significant portion is converted to heat, increasing the overall entropy of the system. This increase in entropy is not just a byproduct but a fundamental aspect of the mining process. The heat generated by miners is a direct manifestation of this entropy increase, making it an integral part of the system rather than waste. Like traditional heat engines, the Bitcoin mining process is irreversible. You cannot convert the generated heat back into the original electrical energy or computational work. This irreversibility describes entropy increase and is part of the nature of the energy transformations involved in mining. Just as with traditional engines, there are theoretical and practical limits to the efficiency of miners. Not all the input energy can be converted to useful work (in this case, hashing). This limitation is the same thermodynamic principles that govern the efficiency of any energy conversion process. Consider the entire Bitcoin network as a distributed thermodynamic engine. A global system that converts electrical energy into digital value and heat, with an overall increase in entropy.
2024-08-30 04:02:52 from 1 relay(s) View Thread →
Bitcoin miners are not miners, they are engines. Engines that convert electricity into digital scarcity and heat. This is the definition of an engine, it converts low entropy energy into higher entropy energy, usually for a specific purpose.
2024-08-30 03:41:11 from 1 relay(s) View Thread →