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Vika
vikanezrimaya.xyz
npub179hk...qced
Cryptocurrency skeptic, yet approaching with an open mind.
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Vika 2 years ago
I have mastered the art of picking relays for different functions in Amethyst. Those small buttons on every relay in the list are more useful than I thought.
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Vika 2 years ago
damn the global feed is eerily chill if you disable all free relays...
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Vika 2 years ago
I think Amethyst would benefit more from having tighter controls over which relays to post to, e.g. being able to post a single post to only a subset of your relays. Perhaps I ought to suggest this on the issue tracker. I would love for this functionality be accessible by holding the "Post" button in the creation UI.
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Vika 2 years ago
Audio CDs may or may not be the best invention in the #music industry. You buy a slate of plastic and shine a laser on it whenever you wish to hear the tunes etched on it. Or you shine a laser on it once to copy the etched tunes onto a different storage medium, to keep them with you and prevent the disc from being worn-out. And nobody can take it away from you. Ever. #plebchain #tunestr
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Vika 2 years ago
I've recently been thinking about claims on how #Bitcoin, according to Bitcoiners themselves, has the potential to stop wars by making it harder to finance wars with a finite currency supply that cannot be devalued by government-controlled inflation. There's only one problem with this. If a country that hasn't adopted the #BitcoinStandard starts a war with another country, then the attacking country can inflate its own fiat currency supply ad infinitum (with obvious consequences for that country's citizens, who can be considered main holders of that country's currency, as most likely that currency is mandated to be the only legal tender — rapid inflation will most likely lead to massive poverty since nobody's actually gonna raise wages to keep up with inflation) and potentially have an economic edge over a country with a stable currency, that might have trouble assembling enough capital and human forces to fight off the attack. This makes a country adopting a Bitcoin standard essentially fully subservient to the will of its own citizens, since in case of hostile policy people can just stop paying taxes (bitcoin doesn't go away if a single country collapses, assuming miners are spread out more-or-less uniformly — and it's rather hard to forcefully take possession of) or stop buying government bonds denominated in BTC, cutting off lending for the country. Which, in case of an attack by another country, could lead to the country's defenses being compromised — since you can't issue more currency, eventually you will run out of money to pay wages to cops and soldiers that could roughhouse people into giving up their money. This subservience of a government to their own people may be a good or a bad thing, depending on your political views and whether you are the government or one of the aforementioned people.
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Vika 2 years ago
oh heavens. apparently there is a bot that lists *every single wasabi coinjoin*. @Wasabi coinjoin reporter that doesn't sound too private, even if the outputs are obfuscated in the end — if you manage to link an identity with an input, now you know where to send a SWAT team with some soldering irons to insert up one's ass. (I am of course exaggerating for dramatic value, but still) did they still not fix the static coordinator fee address problem or something? how does this bot work?
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Vika 2 years ago
Fulcrum's fast sync is incredibly fragile. I had to restart it at least 10 times already, and the last time it somehow ate the entire machine's memory and swap (both 16 GB) despite the cache being only 5G in size. Disabled it, let's see how it fares without. #Bitcoin #nodestr
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Vika 2 years ago
No matter how much I am thinking about it, I can't understand #Bitcoin #derivatives like futures and options. Especially the fact that I couldn't find any physical delivery contracts — for some unknown reason they're always cash-settled, which doesn't make sense to me since it's basically just gambling with the candlestick chart instead of a roulette table, and you don't even touch the underlying asset???? How are you supposed to even use these for anything serious, e.g. hedging against Bitcoin falling short-term as a Bitcoin-native business who nevertheless still depends on fiat for some transactions? If the put option (that is supposed to give you the right to sell your sats at a fixed price denominated in fiat) you just bought is cash-settled, where does the Bitcoin even come in then? (Of course, a case could be made that you should promote the circular economy and strive to always pay in sats — but everything takes time, and sometimes dealing with fiat money is unavoidable, I guess). Can someone explain it to me? I promise to #zap the best three answers 500 sats each ✨
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Vika 2 years ago
I sometimes wish I could #zap creators on other platforms. Yes, some of them have Patreons and such, but the fiat money system is fractured enough that I have to go through hoops to use Patreon, and the UX of zaps is just so much easier. Hopefully the Bitcoin adoption will rise enough to fix that.