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As the title states, scratch behind my ear and you get it. 🐶🐾🫡

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Introduction

Image1: Gold in element table

Gold is an inert metal that is soft and malleable. It is also a fair conductor of heat and electricity. Added to the fact that it is relatively scarce in compare to other metal such as copper and silver, there is a continous demand for gold as an ornamental, jewellery or for use as electronic parts.

A growing number of people are hoarding gold as a form of investment as they expect that the value will eventually goes up on a long term basis. Historically, gold also has been used as a medium of exchange by different nations and empire. The question is, which gold is the right one for investment?

Physical gold vs Paper gold

Image2: Gold bar by KABGold

Physical gold refers to any form of gold held physically by a person or entity. Holding physical gold is the purest form of gold investment or hoarding but it comes with several hurdle. Gold minting involves tremendous number of overheads such as mining cost, casting cost, packaging, delivery fees and taxes. Such cost could reduce the physical gold after sale value, especially if the physical gold is quite small in size.

Image3: Uncang Emas is a custodian gold example

Paper gold on the other hand refers to any form of custodian gold held by either banks, firms or private companies on behalf of a customer. One of the benefit of paper gold is refractory purchase; the custodian entity buys a large-sized gold bar with minimal overheads and clients own a fractional rights over the gold bar. An example of such custodian gold in Malaysia is KABGold.

However, such scheme is not without risks and other costs. The custodian entity may or may not charge a safekeeping fee or swap fee if the client opt to swap their rights for a physical piece. Custodian entities also may reserve the rights to determine on a buyback purchase, often at the disadvantage of the clients. In addition, a custodian may run a way with clients fund or ended up in bankruptcy, putting clients gold as hostage. As custodian gold generally does not fall under the formal purview of a bank, and thus is not protected by depository protection in any country.

Paper gold may also refers to price tag trading items such as gold shares in the form of leverage or ETFs. Such form of gold investments are at a higher risk even as no physical gold is ever held by the trading entities.

Forms of physical gold

Supposed you are interested in purchasing your first investment gold. There are few consideration that you should look into such as:

• gold purity
• gold form
• manufacturers' reputation
• bullion status

Gold's purity

Image4: Gold purity are usually shown on the gold certificate

Gold purity are usually measured as parts per thousandth. A gold with a purity tag of 999 means 99.9% of the gold item is made of pure gold while 0.01% are impurities. A gold with a purity tag of 916 means 91.6% of the gold item is made of pure gold while 8.4% are impurities. In other words, a higher the purity tag is better.

I personally discouraged anyone from investing in any gold with purity tag below 916. This is because, at this level, the cost of extracting the pure gold metal from the item increases, thus reducing the gold value altogether. Why do minters make gold with impurities? The primary reason is because, pure gold is soft, and thus it may not be suitable to be used to make heavy jewelleries. Simply said, the impurities will make the gold harder.

Gold form

Image5: Dinar is an example of a gold coin

Generally, investment gold are in form of bars. Some are also present in the form of coins, but they usually have higher minting costs. Jewelleries such as rings or necklase usually incur very high minting cost and are not suitable to be used as investment. HOWEVER, buying pure gold from the after market, even if it is the form of jewellery might be profiting as the minting fee would probably have been deducted.

Manufacturers' reputation

Image6: an example of a gold bar with a LBMA logo

With increasing number of fake gold in the market, people tend to trust gold item made by reputable manufacturers. Reputation status differs between countries, but generally, gold item made by companies with the London Bullion Market Association (LBMA) logo tend to have the highest demand. That is not to say that there are no counterfeit LBMA bars in the market either. At the end of the day, physical testing of a gold item either using a spectrometer, acid test or fire test is the only definite way to confirm that an item truly contain gold or not.

Bullion status

Image7: Kijang Emas is a bullion by Bank Negara Malaysia

Bullion refer to a gold item which is produced officially by a nations' central banks. An example of a gold bullion is the Kijang Emas by Bank Negara Malaysia. A bullion has an additional value as a currency, although the face value will tremendeously below the actual metal value. A bullion usually is highly regarded and in many countries, bullion may be imported tax-free.

Rounds and replica are not to be confused with a bullion. Although they contain pure gold, they are not a credentialed bullion. They are imitates of any popular bullion and are commonly made by private entities.

Gold value

There are generally three type of gold value.

Image8: Spot gold price shown on Kitco website

Spot value refers to the actual metal value of a traded gold. A common site used to refer to spot price is Kitco. Price are displayed with substantial spread between the buy price and sell price. The price shown here refers to gold with a 999 purity. A gold of other purity are priced at a relative value to that. for example, a spot value of a 916 gold item is 91.6% to the spot price shown at Kitco.

Retail value refers to the final price of a physical gold item sold to end user. the price are substantially higher than a spot price and tend to be fixed by a certain associations. In Malaysia, retail price is influenced by the FGJAM association.

A buy back value refers to the gold price accepted by pawn shops and gold shops. Depending on geographical region, the price may be even lower than the spot price. If a gold item has additional impurities such as silver lining or diamond, the price may be dropped further.

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Table Of Content

• What is a Bitcoin Bull Market?

• Why Analysts Believe a New Bull Market is on the Horizon for Bitcoin

• Bitcoin's Recent Performance

• The Analyst's Prediction

• On-Chain Data

• Bitcoin's Future Prospects

• Conclusion

• FAQ

A cryptocurrency analyst recently suggested that Bitcoin is on the brink of a new bull market, which could potentially lead to a period of significant price appreciation. With an increasing number of institutional investors entering the market, the analyst believes that Bitcoin could soon see a significant rise in value.

What is a Bitcoin Bull Market?

Before we dive into the details of why a new bull market could be on the horizon for Bitcoin, let's first define what we mean by the term "bull market."

A bull market is a period of time when prices are rising, and investor confidence is high. In the case of Bitcoin, a bull market is characterized by a significant increase in the price of the cryptocurrency, with many investors buying in anticipation of future gains.

Conversely, a bear market is a period of time when prices are falling, and investor confidence is low. During a bear market, many investors will sell off their holdings, and there may be a sense of pessimism in the market.

Why Analysts Believe a New Bull Market is on the Horizon for Bitcoin

There are several reasons why analysts believe that Bitcoin is on the cusp of a new bull market. One of the most significant factors is the growing acceptance of Bitcoin by mainstream financial institutions.

Over the past few years, several major banks and financial institutions have announced plans to integrate Bitcoin and other cryptocurrencies into their businesses. For example, Mastercard recently announced that it will allow merchants to accept certain cryptocurrencies, including Bitcoin, as a form of payment. PayPal also recently launched a cryptocurrency trading platform, making it easier for individuals to buy and sell Bitcoin.

In addition to these developments, many investors are also becoming more aware of the potential benefits of Bitcoin. As a decentralized currency, Bitcoin is not subject to the same restrictions and regulations as traditional currencies. This means that it can be used for a variety of purposes, including online purchases, international money transfers, and even as a store of value.

Bitcoin's Recent Performance

Bitcoin's recent performance has been marked by significant volatility, with the cryptocurrency reaching an all-time high of nearly $69,000 in November 2021 before experiencing a rapid decline in December that saw it lose more than 40% of its value in just a few weeks. Factors contributing to the volatility include economic uncertainty due to the ongoing pandemic, increasing regulatory scrutiny, and growing acceptance of cryptocurrencies by mainstream financial institutions. While some analysts remain optimistic about the long-term potential of Bitcoin, investors should approach it with caution and do their own research, as the high level of volatility and lack of regulation in the cryptocurrency market means that investing in Bitcoin can be risky.

The Analyst's Prediction

Analyst Willy Woo has suggested that Bitcoin could confirm a new bull market within a week, based on the cryptocurrency's on-chain data. Woo has been known for his accurate predictions in the past and is considered a respected figure in the crypto community.

On-Chain Data

Woo's prediction is based on Bitcoin's on-chain data, which suggests that the cryptocurrency is in the accumulation phase, with long-term holders accumulating more Bitcoin while short-term holders are selling. This trend is seen as a bullish sign by many analysts.

Bitcoin's Future Prospects

If Woo's prediction is correct and Bitcoin does confirm a new bull market, it could be a significant development for the cryptocurrency's future prospects. A new bull market could potentially lead to a surge in Bitcoin's price, as more investors become interested in the cryptocurrency.

Conclusion

Despite the recent volatility in Bitcoin's price, there are indications that a new bull market may be on the horizon. Some analysts suggest that the cryptocurrency's recent price correction was a healthy market correction that will pave the way for further growth in the future. They point to the increasing adoption of Bitcoin by mainstream financial institutions, as well as the growing number of individuals and companies that are using it for a variety of purposes.

FAQ

What is Bitcoin's new bull market? A bull market is a financial term used to describe a period of time in which asset prices rise significantly.

Why are analysts suggesting a new bull market for Bitcoin? Analysts are suggesting a new bull market for Bitcoin due to several factors such as increased institutional adoption, global economic uncertainty, and government stimulus packages.

How high could Bitcoin's price go in the new bull market? It's difficult to predict exactly how high Bitcoin's price could go in the new bull market, but some analysts are predicting prices of $100,000 or more.

Should I invest in Bitcoin during the new bull market? It's important to do your own research and consider your own financial situation before making any investment decisions. While some analysts are bullish on Bitcoin, investing in any asset comes with risks and uncertainties.

That's all for today, see ya tomorrow

If you want more, be sure to follow us on:

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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中文测试 1

这是一堆中文哈哈哈。测试，请忽略。

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TEST FTA 22

TEST FROM TA 22.8l23

@ 0e649f32:8a33b33b

On the High Profit Event Show podcast, your host, Rudy Rodriguez encourages entrepreneurs to share not only their expertise, but their stories and their hearts.We cover a wide range of topics – From your experience as a leader doing events in person or virtually, the strategies and the psychology behind what you do, to the topics that our guests are thought leaders in. We believe that every person has a unique message which can positively impact the world. We let our guests share on the subjects they’re well-known for. No matter the topic, you’ll be hearing real stories from real people.

V.E.S.T. Your Virtual Event Sales Team founder and High Profit Event Show podcast host, Rudy Rodriguez has started podcasting this year and has started out on guest podcasts since 2021 himself.Our 20 to 30-min podcast discusses real smart strategies for hosting or leading highly profitable events TODAY. Our audiences are ready for their next phase of massive growth!

In this episode, your host, Rudy Rodriguez, speaks with Richard Blank of Costa Rica's Call Center. CRCC is a call center specializing in state of the art BPO telemarketing.

Why I Believe In Coaching, Education, And Mentorship

When I was 28 years old, I suddenly lost my job after 10 years in the Navy and found myself sleeping on my parent’s couch. I had to start all over.

I knew I wanted to have a successful business, so I invested $25,000 and 1 year of my life to learn from my coach and mentor how he built his business to 7-figures.

I went to work for this first mentor as a sales coach and helped him develop his coaching division to multiple 7-figures per year in additional revenue, enrolling hundreds of coaching, education and mentorship clients per year into his programs.

Since then, I’ve founded VEST to help other thought leaders, brands, and companies do the same.

If you and your company would like to have a virtual event success story of your own, I’d like to invite you to schedule a session with us to find out how.

We take you and your attendees through a 3 parts system that could potentially increase your attendance rate up to 33% and double or even triple your sales and profits.

The 3 Parts to a Highly Profitable Virtual Event: Prepare: Outbound calls to confirm attendance and schedule one-on-one appointments. Execute: Execution of the event and one-on-one enrollment conversations. Follow Up: Following up with your new clients to help them follow through with their commitment.

You’ll get our proven systems and processes for each of these three phases.

When you invest in VEST you’ll get: Peace of mind that your event sales are handled so you can focus your energy on delivering the best event and content possible. Strategy sessions with you and your team before the event to discuss your offer and help you maximize your show up and attendance rate. One-on-one strategy sessions with each attendee during the event. Daily tracking and reporting during the event. Including number of appointments scheduled & completed, sales, cash collected, and receivables. Full event debrief with customer satisfaction surveys completed.

Being Based in Costa Rica they supply call center training to all of Central America with bilingual customer service. They are capable of handling and sized BPO and will offer your business a proven method of expanding or staying in contact with your current customers without the stress and added time needed by you in order to hire and train call center telemarketers by yourself.

Richard’s vision quest journey is filled with twists and turns. When he was 27 years old, he relocated to Costa Rica to train employees for one of the larger call centers in San Jose. With a mix of motivational public speaking style backed by tactful and appropriate rhetoric, Richard shared his knowledge and trained over 10 000 bilingual telemarketers. Richard Blank has the largest collection of restored American Pinball machines and antique Rockola Jukeboxes in Central America making gamification a strong part of CCC culture.Richard Blank is the Chief Executive Officer for Costa Rica’s Call Center since 2008.

Mr. Richard Blank holds a bachelors degree in Communication and Spanish from the University of Arizona and a certificate of language proficiency from the University of Sevilla, Spain. A Keynote speaker for Philadelphia's Abington High School 68th National Honors Society induction ceremony. In addition, inducted into the 2023 Hall of Fame for Business. Giving back to Abington Senior High School is very important to Mr. Blank. As such, he endows a scholarship each year for students that plan on majoring in a world language at the university level.

Costa Rica’s Call Center (CCC) is a state of the art BPO telemarketing outsource company located in the capital city of San Jose, Costa Rica. Our main focus has been, and will always be to personally train each and every Central America call center agent so that we may offer the highest quality of outbound and inbound telemarketing solutions and bilingual customer service to small and medium sized international companies, entrepreneurs as well as fortune 500 companies.

https://costaricascallcenter.com/en/outbound-bpo-campaigns/

RichardBlank #CostaRica #CallCenter #Outsourcing #Telemarketing #BPO #Sales #Entrepreneur #B2B #Business #Podcast #Leadgeneration #Appointmentsetting #highprofiteventshow

https://youtu.be/LJ5YkunpVBA

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Discovering new play-to-earn opportunities is always exciting, and recently, I stumbled upon one that I believe is one of the best out there. If you’ve been following my previous articles, you might remember me talking about a platform called ZEBEDEE (ZBD). If not, make sure to check out my previous article titled “(ZEBEDEE + Hellfire) Play-to-Earn just got a whole lot better!” for all the juicy details.

ZEBEDEE has impressed me with its innovative approach to earning Bitcoin using the lightning network. The platform offers a growing selection of games that are not only enjoyable but also incredibly rewarding. Among the growing options available, “Bitcoin Miner” holds a special place in my heart.

In “Bitcoin Miner,” you get the chance to construct your very own pixel-type mining farm. Trust me, it’s an absolute blast! You can earn a decent amount of SATS (which are satoshis — fractions of a Bitcoin) on a daily basis. It’s the kind of game that keeps you engaged while helping you build your digital future.

Of course, that’s not all ZEBEDEE has to offer. In one of my previous articles, I discussed another thrilling game on the platform called “Hellfire,” which has been a favorite of mine since its release. The combination of “Bitcoin Miner” and “Hellfire” alone makes ZEBEDEE an incredible platform to dive into the play-to-earn ecosystem.

Just when I thought I had discovered the pinnacle of play-to-earn excitement, a notification on my phone opened up a whole new world of possibilities. Intriguing, right? And trust me, it only gets better from here. Let’s explore the world of ZEBEDEE and witness firsthand how play-to-earn is taking the world by storm.

Minecraft & Bitcoin

Imagine my excitement when I received a notification from the ZBD app on my phone not too long ago. The message was clear and straightforward, “Play Minecraft and earn Bitcoin.” As a die-hard Minecraft enthusiast, this caught my interest like nothing else!

You see, being a huge Minecraft fan is an understatement for me, it’s a passion shared by my wife and son as well. We’ve created our very own Realms server, where we gather almost every night to build our own Minecraft world. It is nothing special but it is our digital home.

Now, the idea of combining my love for Minecraft with the opportunity to earn Bitcoin is like a dream come true! The thought of exploring the huge virtual world of Minecraft while also reaping the rewards of the play-to-earn revolution is simply mind-blowing. I have played a lot of “play-to-earn” games and playing Minecraft server that uses Bitcoin as its currency is by far the best play-to-earn opportunity I have come across.

As I explore this new play-to-earn experience with ZBD and Minecraft, I can’t help but imagine the incredible potential it holds for passionate gamers like myself. Not only will we be enjoying our favorite game, but we’ll also be unlocking a whole new level of excitement by earning Bitcoin as we play.

So, if you’re a Minecraft enthusiast like myself or have a family that cherishes those blocky adventures together, you won’t want to miss the thrilling journey I’m about to share with you.

The Satlantis World

play.satlantis.net

Satlantis is a word that has become dear to my heart. This extraordinary Minecraft server stands out from the rest, offering a unique opportunity to earn Bitcoin while indulging in the wonders of the game we all love. Now, you might be wondering if Satlantis is just another run-of-the-mill pay-to-play platform, but trust me, it’s anything but that.

Satlantis is more than just a game, it’s a vibrant community that brings together like-minded individuals who share a passion for both Minecraft and Bitcoin. And let me tell you, these are two of my absolute favorite types of people!

The brilliance of Satlantis lies in how it was meticulously crafted, with every piece perfectly fitting together to create an exciting and rewarding experience. When you step into this virtual world, you not only get to enjoy Minecraft but also have the opportunity to earn small amounts of Bitcoin — a real game-changer in the world of play-to-earn.

Curious about how it all works? Check out the video below or keep reading to get a brief walkthrough of the Satlantis server and the process of earning Bitcoin. Unlike traditional pay-to-play games, earning here is not just about being active. It is a rewarding journey that involves a little challenge, especially for those of us who are passionate about Minecraft.

Now, let me be honest — there’s so much to go over when it comes to Satlantis that I’ll do my best to cover everything I can. To start your play-to-earn adventure, you’ll need to have Minecraft Java Edition and make sure you’re on version 1.19.3. As for playing on other devices, I’ve heard rumors that it’s possible, but I must confess, I’m not that tech-savvy. If any of you know the secret to playing Java on other devices, please do us all a favor and share your wisdom in the comments below!

So, gear up for an unforgettable journey into the realm of Satlantis, where Minecraft and Bitcoin come together to create an experience like no other.

The Lobby

When you first join the game you will be brought into the game’s lobby. In the lobby, you will find 4 sections. Marketplace, Overworld, Mines, and a Leaderboard area. The lobby is your hub for everything in the game.

/lobby — The Lobby is where you are going to start. It is a place where you can find all of the areas on this server. There are four main sections. Marketplace, Overworld, Games, and a leaderboard section. Satlantis is huge and I am still finding new things so it is best to explore and see what you can find when you first join. Here is a short description of each section.

Marketplace

The marketplace is where you will go to trade in your mined diamonds, gold, and iron.

You can also buy gift cards using your sats which I think is pretty awesome. There are multiple stores to choose from such as Walmart, Starbucks, and many more.

Overworld

Overworld is where you will build your “home”.

You will be able to claim a piece of land in Overworld by typing /claim at the spot you want to claim. You can claim 3 pieces of land for free and then it will cost you 6,000 sats. The more land you buy the higher the price will go. You can travel anywhere around the overworld and buy land. You do not need to buy land in just one place.

Games

In this section, you can either play bedwards which is a survival-type game where you have to destroy other team’s beds and protect your own. You can also play chess and Elytra racing in the game section.

Commands

Commands are used regularly during gameplay. Here are some of the top commands and what they are used for throughout the game.

/bp — This is one of the codes you will be using most often. This command is used to bring up your daily and weekly tasks. You can also find your rewards for completing your quests here.

/lobby — This command will take you to the lobby. You will be using this command often as well since you will need to go to the lobby to sell your mined goods every day.

/homes — This will take you to the land you claimed in the overworld. This is where you will set up your house, miners, and anything else you can fit into your land.

/mines — This is where you are going to go to collect all of your diamonds, gold, and whatever other blocks you need to mine. You will also find all of the mobs you need to kill for your daily and weekly tasks in the mines.

/ah — This command is for the shop. You can buy and sell pretty much anything in the shop. From my understanding, the shop is still in development. Sometimes you will have difficulty buying and selling at the moment. When you are ready to buy just click the item you want and then click the green glass on the left.

/ah sell (amount of sats) — when using this command you will need to have the item you want to sell in your hand.

/join clan (clan name) — Later in this article I am going to go over what clans are and why they are important.

/deposit — Use this command to deposit Bitcoin using the lighting network. All you need to do is scan the QR code that comes up using your ZBD app and send whatever amount you decide.

/withdraw — Use this command to withdraw to your ZBD wallet.

/l spawn (player's name) — This command allows you to go to any player in the game for trading and interact together.

/l spawn land (land name) — This command allows you to go to any land in the Overworld.

/msg (player Name) — This allows you to private message players.

/pay (Player Name) (amount SATs)— This allows you to pay players directly.

/cosmetics — This command shows you all the cosmetics that are available.

/mycosmetics — This command shows you your cosmetics. You can click any of these cosmetics that you own and it will put it in your inventory. You can then either equip it, sell it or put it in a chest for future plans.

There are a lot more commands so I suggest using /help or /guide to help along the way. Also, use the chat by using the T on your keyboard. The community is extremely helpful.

How to Earn

You do not start earning right away. There are a couple of different ways you can earn. Collecting and selling supplies, doing daily and weekly quests to get rewards such as cosmetics and ASICs.

I am going to go over how you can earn from cosmetics and mining (ASICs) to give you an idea of how the game works.

Selling items

You can sell your items using the shop (/ah) or you can sell your items directly to other players. You can post in the comments what you are wanting to sell and if someone is interested they will comment back and either you go to them or they come to you and you can use the /pay (players name) (amount) command to pay that player directly for whatever it is you are buying.

ASIC Miners

This is my favorite way to earn because it is fairly easy and fun. All you have to do is earn miners by doing daily and weekly tasks (or buy them) and set them up on your land and put emeralds in them. Emeralds are your power for the miners. As long as your miners have emeralds in them they will run. Each miner is 10 hashes.

How does Mining work in Satlantis?

Mining in Satlantis functions quite similarly to the real-world process of Bitcoin mining. Just like in actual Bitcoin mining, your mining strength in Satlantis directly influences your likelihood of securing rewards. The greater your mining power, the higher your chances of winning that block reward.

The mining process in Satlantis can be done by yourself or you can join a clan. By becoming part of a clan, you have more of a chance of getting the mining reward but a smaller reward will be received. Joining a clan is a good idea when you are fairly new. The more miners you accumulate the easier it will be for you to win the reward by yourself. At the moment I have 19 miners and I am part of the ZBDxAAA clan. I am planning on starting my own clan in the future if anyone is interested. Someone in the game comments told me it is a good idea to wait until you have at least 300 miners before you start mining on your own.

Satlantis not only mirrors the concept of real Bitcoin mining but also elevates the experience through collective teamwork within clans which is kind of like joining a mining pool but being able to interact with the other miners.

The clan I started with is ZBDxAAA. Use /clan list, to get the full list of clans.

Depositing & Withdrawing

I shared the codes for depositing and withdrawing above but here they are one more time for reference /deposit and /withdraw. Now we are going to go over how each process works.

Depositing (/deposit) — When you put this command on you will be shown a QR code. Use your ZEBEDEE app to scan it and send whatever amount you would like to send. Remember that Satlantis and ZEBEDEE use the Bitcoin lightning network so your transaction should be quick and have practically no fees.

Withdrawing (/withdraw) — Withdrawing can take up to 48 hours. You will have to send your sats to your ZEBEDEE wallet. When you are ready to withdraw you will use this command /withdraw (amount) HattyHats@zbd.gg (or whatever your ZBD wallet is). You can find your wallet name/address by going to the ZEBEDEE app and clicking the plus sign in the bottom right of the app. Then click scan, and then at the top, you will see “My Code”. Click that and you will be shown your QR code and your name/address below that.

Remember to Have Fun

Satlantis is huge and has so much to offer. I suggest checking out the game and doing your research. This play-to-earn opportunity is one of a kind and is something I will be writing about and playing for years to come.

When you decide to check out Satlantis, I highly recommend taking it slow and savoring every moment. While it’s fun to earn Bitcoin while playing Minecraft, it’s important to understand that this experience goes beyond just chasing monetary rewards. Satlantis is so much more, it’s a world of boundless possibilities!

If your main goal is financial gain, Satlantis might not be the right fit for you. It’s not a quick scheme to get rich. Instead, it’s an incredible server where you can earn Bitcoin while playing one of the world's greatest games. The true beauty lies in the journey, the experiences, and the sense of achievement that comes with building your character and land.

Be patient and persistent, and you’ll witness the magic unfolding as you engage in daily and weekly tasks on the server. Little by little, you’ll start to see SATs flowing into your account, and that feeling of accomplishment will be all the more rewarding.

If, like me, you’re a huge Minecraft fan, dedicating time to build your character and land will be an enjoyable experience, not a chore. So, embrace the adventure, and take your time to explore the world of Satlantis.

Final Thoughts

Minecraft has always been a total gem of a game, and throwing Bitcoin into the mix? Well, that’s kind of mind-blowing, to be honest. Satlantis is packed with surprises that could easily land it the title of “top play-to-earn gig” out there. At least in my opinion.

Do you know what’s also mind-blowing? In Satlantis, every move you make, every block you break, it’s not just about leveling up in the game. You thought I was about to break out in song didn't you ; ). Nope, in Satlantis it’s bigger. It’s about snagging some real Bitcoin rewards for your efforts. Wrap your head around that. While you’re off on your pixelated adventures, you’re also lining your digital pockets with actual cryptocurrency. It’s like finding a secret bonus level in a classic game, but way cooler.

So if you are looking for a fun way to earn Bitcoin then Minecraft and Satlantis might be for you.

Satlantis

Thank you for reading my article about “Earning Bitcoin Playing Minecraft”!

Please like, follow, and comment to help my page grow.

Follow me on Twitch to watch me play Satlantis M-F from 9:30 pm to 11 pm!

Check out my YouTube channel for all of my videos.

Check out my website for all my content and learn more about Crypto!

Hatty’s Shack

Original article on Medium

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How do you quantify skill in a game? There are mathematical methods to evaluate the decision space, that work for abstract games like Chess or Go, but there is nothing for modern board games.

Board Game Arena's ELO ranking system rewards consistency. If you play a lot of games and win a lot, you will have a high ELO. If you assume that the high numbers of players at BGA evens out ability, you can correlate the high ELOs of top-ranked players with high skill ceilings of the games. In other words, high skill games will give big rewards to the highest skill players. A classic example might be chess - Magnus Carlsen is never going to lose to an average club player. On the other hand, no one above the age of 8 is going to lose a game of tic-tac-toe.

To test my hypothesis, I looked at the ELO of the top ranked player for the top 50 most played games at BGA. In general the most obviously skillful games mapped to the highest ranks. For example, Hive (ELO 1015) and Azul (ELO 1005) are abstracts with lots of tough choices and consequences. Also the most obvious luck-fests mapped to the lowest ranks, for example LLAMA (ELO 402) or King of Tokyo (ELO 476)

There were a few surprising outliers. Earth (ELO 539) and Viticulture (ELO 576) are both proper euros with play times over an hour, but the top players have relatively low ELOs. Patchwork is a 15 -minute pentomino game, but the top player has an ELO of 975.

https://i.imgur.com/0I5ugKF.png It seems that high ELOs correlate to shorter games. eg. Patchwork or Azul, punishing slower games like Ark Nova (ELO 728) or Terra Mystica (ELO 740), but Tzolkin (ELO 961) is long and does well.

Thousands of people are playing these games to win and rank up every day so there must be some truth in this. Some games have gone up in my estimation and some have gone down.

What do you think? Are you surprised at some of these results?

[Note for the pedants. BGA calls it ELO, but the rating method was created by Arpad Elo, a Hungarian-American physics professor.]

@ 00000001:a21169a7

The annals of photography history are dotted with names that have profoundly transformed both the medium and the way we perceive our surroundings. Foremost among these luminaries is Garry Winogrand, whose legacy endures as one of the most defining exponents of street photography. But what underpins his style, and what renders his work perennially iconic?

Nurturing Influences and Pedagogy

Before delving into Winogrand's aesthetic realm, it's crucial to comprehend the milieu that nourished his vision. Educated in the wisdom of Alexey Brodovitch and drawing from the legacies of Walker Evans, Robert Frank, and significantly, Henri Cartier-Bresson, Winogrand nurtured a distinctive approach to photography. While Cartier-Bresson championed the notion of "The Decisive Moment", Winogrand immersed himself deeper in immediacy, spontaneity, and sheer authenticity.

The Aesthetics of Turbulence and Daily Life

What is notably salient in Winogrand's oeuvre is his abdication of traditionally "pretty" aesthetics. He reveled instead in the tumult, chaos, and freneticism of daily life. His snapshots, often taken in haste and with a tilted horizon, convey a tangible energy, thrusting the viewer into the heart of the action. This skewed horizon, though disorienting to some, is a hallmark that lends dynamism and challenges convention.

His choice of apparatus—a Leica M4 paired with a prefocused wide-angle lens—speaks to his intent to seize fleeting moments, those that dissipate as swiftly as they manifest. He was not ensnared by technical perfection but was ensorcelled by raw emotion and underlying narrative.

A Panoramic View of North America

Winogrand's craft is essentially a tapestry of North America during the 60s and 70s. Much like Robert Frank before him, Winogrand encapsulated the essence, contradictions, and complexities of a transitioning nation. Beyond mere documentation, he pondered the role of mass media in sculpting perceptions and attitudes.

Immediacy as the Essence

Much of Winogrand's allure lies in his ability to be profoundly present. His "shoot from the hip" style, paired with his astute anticipatory prowess, ensures his photographs resonate with a refreshing authenticity, even decades on.

Moreover, his ventures, whether "The Animals" or "The Fort Worth Fat Stock Show and Rodeo", aren't mere assortments of images. They are profound commentaries on society and the human state, testimonials to his ability to peer beyond the veneer and unearth profound significance in the mundane.

In Summation

Winogrand's adage, "I photograph to see what the world looks like in photographs," encapsulates his philosophy toward the art form. He wasn’t endeavoring to craft a reality but to uncover how that reality unveils itself through the lens.

Garry Winogrand, with his renunciation of traditional perfection and his ardor for spontaneity, reshapes our understanding of what it means to be a photographer. His legacy serves as a poignant reminder that beauty often emerges from the unlikeliest of places, and authenticity invariably eclipses contrivance.

@ e29812e0:690887ef

Not your key not your coin. Not your node not your coin.

Introduction before starting the story:

A few months ago, I invested in a Raspberry Pi 4 + SSD setup. In total, I spent about $200 (excluding an additional $50 for a backup power supply to ensure the safety of the Bitcoin and Lightning Node from power outages or potential system damage due to electrical issues), totaling $250.

it's consumes no more than $0.4-$0.5 per month in electricity.

And here are the benefits of running a Bitcoin & Lightning Node, which serves as a starting point for me to share and encourage everyone to invest in running a Bitcoin Node. Previously, I didn't see many benefits, but I decided to run a Bitcoin Node to support a more decentralized system.

I'm just an ordinary person. Normally, I engage in Dollar-Cost Averaging (DCA) for Bitcoin, ranging from about $30 to $100 each month. My experiences with exchanges like FTX have made me cautious about leaving Bitcoin on exchanges (Not your key, not your coin). So, before this, I found ways to transfer Bitcoin out of exchanges most cost-effectively, initially using Kraken (with a withdrawal fee of 1,000 sats) before switching to the current rate (30,000 sats).

These images are the withdrawal fees for On-Chain Bitcoin transactions.

I incurred costs in the P2P process (using Binance) before transferring USDT to Kraken and withdrawing it to my wallet, totaling $1 per transaction. If I buy Bitcoin in increments of $30, this means the transfer fee amounts to 3.33%, which is quite high.

This was the latest solution: Binance now supports Bitcoin withdrawals on Lightning (with a withdrawal fee of 100 sats), prompting me to run a Lightning Node on my Raspberry Pi alongside the Bitcoin Node.

I delved into understanding the Lightning Node and realized the need for Inbound Liquidity (to enable our Lightning Node to receive sats). Consequently, I decided to lease a channel with Blocktank, costing about 6,092 sats for 12 weeks (leasing Inbound Liquidity of 0.01 btc). If anyone can find a way to obtain incoming liquidity by networking or opening channels, that would be a way to save on costs.

Benefits I've gained are as follows:

The withdrawal fee has decreased from 5,000 - 30,000 sats per transaction to just 100 sats, resulting in savings of $1-2 per withdrawal, now costing only $0.02.

Previously, my regular DCA was $30-$100 per transaction (5,000-30,000 sats). Now, having a Lightning Node allows me to break down my DCA amount to as low as $10 per week (with a 100 sats withdrawal fee).

Therefore, I can save {{text}}.5 per withdrawal from exchanges each time, considering I withdraw 133 times. With the combined $200 for the Bitcoin and Lightning Node setup, I can save money. If you're trader, the option of holding funds in Lightning during downtime is intriguing, not requiring consistent long-term holding.

Questions you might want to know to feel more confident:

Q: If my Raspberry Pi 4 fails, will my funds be stuck in the Lightning Node forever? A: No, if you have your secret word correctly recorded. When the Node closes for a certain period, it might force close the channel, which moves Bitcoin from Lightning to On-Chain. You can still access your wallet using the recorded Secret Word and transfer Bitcoin back to your Cold Wallet as before.

If readers have made it this far, thank you for reading through, and if you'd like to support content like this, feel free to zap some sats. Thank you very much.

**

Not your key not your coin . Not your node not your coin

**

@ e29812e0:690887ef

Embracing Bitcoin: Beyond Learning, A Journey of Support and Innovation

Today, I had the opportunity to use Bitcoin on the Lightning Network to purchase tickets for the "Your 1st Bitcoin Adventure" Workshop, organized by the Thai Bitcoin community (LATES), aimed at promoting awareness of running a Bitcoin Node, Lightning Node, and the basics of usage.

The event only accepted Lightning Bitcoin for payment, not fiat currency. This marked the first time I actually got to experience making a real payment using Bitcoin Lightning, beyond just using Zap.

I was impressed by the speed of the transaction (I used Wallet of Satoshi for the transfer). 115,000 sats were sent from my wallet to the destination, and I received the tickets, all within a very short time frame of about 5 - 10 seconds. It was so fast that it was almost surprising, and this is something I wanted to share.

If anyone has tried this like I did and has other impressive experiences, feel free to share them.

Thank you for reading all the way to the last line. Thank you.

@ 93161535:1fc6d488

Women React to Ashley Jones

Yes. You can rightfully assume that I was watching tranny porn for laughs and that's how I came across these videos in the first place.

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Donations help for the sever costs (currently $60/month), since I host my own videos on my own website, along with hosting my own imageboard. Never required or expected, always appreciated.

DONATE MONERO FOR SERVER COSTS: 8A11e3NEQXvEbShkwZHd67e12rcM8GfADjSmrywkoZLP5XuakvDuNsp3d8B3RLoUZFRAFry38DM5Z6Gu1vJdbrRzVdbktHR

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FEED ME. Please. I love Panda Express eggrolls and noodles

Go to https://www.pandaexpress.com/gift-cards/select#digital (https://www.pandaexpress.com/gift-cards/select#digital) then send the gift card to my email: ashleyjones@dnmx.org THANK YOU.

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Website: https://icum.to (https://icum.to)

Videos: https://videos.icum.to (https://videos.icum.to)

Discuss me on my imageboard: https://tubgurl.com (https://tubgurl.com)

Email: ashleyjones@horsefucker.org

Phone number: 725-CUM-FART

If you want to send an encrypted message I have my GPG key on my website: https://icum.to/analjuice/ (https://icum.to/analjuice/)

https://videos.icum.to/w/m64JinKpXVuNssNwC1PNwY

@ f866d5b1:c526b32f

หลาย ๆ คนอยากเห็นการแข่งขันกีฬาในประเทศไทยมีความคึกคักและประสบความสําเร็จในเวทีระดับเอเชีย หรือระดับโลก ทว่าการจะไปถึงจุดนั้น ขั้นแรกเราต้องทําให้การเล่นกีฬาสามารถเลี้ยงชีพนักกีฬาคนนั้นจวบจนชีวาวายได้ 
 ทว่าไม่ได้มีเพียงแค่ปัจจัยเดียวที่จะทํากีฬาไทยก้าวไกลได้ แต่ยังมีปัจจัยอื่น ๆ มาเกี่ยวข้องด้วย คือ รายได้ของคนในประเทศก็ ต้องสูงขึ้น จนเหลือเงินพอมาเสพความบันเทิงรูปแบบอื่นด้วย ปัจจุบัน นี้คนไทยส่วนใหญ่มีสิ่งบันเทิงที่ไม่ต้องเสียเงินให้เลือกเสพเยอะมาก หากไม่มีความต้องการชมกีฬาของผู้คน กีฬาประเภทนั้นๆก็ไม่ก่อให้เกิดรายได้กับนักกีฬา แล้วจะมีนักกีฬาอาชีพได้อย่างไร 


อีกทั้งการเดินทางไปชมกีฬาหรือทํากิจกรรมอื่น ๆ ก็ต้อง สะดวก รวดเร็ว ประหยัด ไม่งั้นความฝันของการแข่งขันกีฬาอาชีพ คงเกิดยาก เพราะการคมนาคมที่ไม่สะดวกทําให้การเดินทางไปแข่งขันของนักกีฬา หรือการเดินทางไปชมกีฬาของกองเชียร์มีต้นทุนสูงขึ้น อาจทําให้นักกีฬามีโอกาสลงแข่งขันน้อยลง หรือกองเชียร์เดินทางไปเชียร์กีฬาน้อยลง ซึ่งจะทำให้วงการกีฬามีรายได้น้อยลงไปอีก 


หากเป็นเช่นนี้แล้ว กีฬาทุกชนิดจะอยู่ได้ตามความต้องการของคนในยุคสมัยนั้นๆ ไม่ต้องทําการประชาสัมพันธ์หรือยัดเยียดให้ผู้ชมรับทราบ ทำให้เปลืองต้นทุนเพื่อกระตุ้นกระแสการชมกีฬาเหมือนสมัยก่อน และสามารถจูงใจให้พ่อแม่ส่งเสริมให้ลูก ๆ ไปเป็นนักกีฬาที่มีความสามารถด้านกีฬาได้จํานวนมาก ส่งผลให้สมาคมกีฬาต่าง ๆ มีนักกีฬาให้เลือกเฟ้นไปแข่งขันกีฬาในรายการต่าง ๆ ต่อไป 
 แต่ว่าหากต้องการให้กีฬาไทยประสบความสําเร็จในระดับระหว่างประเทศ ยังต้องมีปัจจัยเรื่องการบริหารของแต่ละสมาคมกีฬาด้วยว่าเป็นมืออาชีพหรือไม่ เช่น กําหนดเป้าหมายและวิธีการเพื่อบรรลุเป้าหมายนั้น, การรายงานผลงานหรือความคืบหน้าของ ผลงานให้สาธารณชนทราบ, หน่วยงานภายนอกหรือประชาชน สามารถตรวจสอบการทํางานได้ เป็นต้น 


หากทำได้ทุกข้อตามที่เสนอไปข้างต้น สุดท้ายความหวังบอลไทยไปบอลโลก วอลเลย์บอลไทยเป็นแชมป์โลก นักกอล์ฟไทยคว้าแชมป์ The Master นักเทนนิสไทย ได้แชมป์ Grand Slam หรือ ทีมบาสเกตบอลชายของประเทศไทยเป็นจ้าวซีเกมส์ ก็จะประสบความสําเร็จอย่างแน่นอน

@ 36ceac90:0d24128d

Listen live on ⚡️✨ZAP STREAM✨

CURRENT PROGRAMMING

Click Vortex

Sam (@ltngstore/@wavlake) and Jason (Aquarium Drunkard) stumble down a rabbit hole of hyperlinks, following trails of interconnection between music and wildly varied topics. Live every other week on YouTube and in your podcast feed.

Subscribe: Fountain, Other

The Spindle

The 7-inch record isn’t just a format–it’s an art form. On each episode of The Spindle podcast, Marc and John dive into a great 7-inch every other week, dissecting its background, impact, and the reasons why it stands out as a small plastic piece of music history.

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HOTLINE

This bi-weekly video series features your favorite artists answering questions from the 1-877-WASTOIDS answering machine, sharing their fantasy world, records they can't live with out and anything else that comes in.

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Midnight Music Review in the Attic

Monthly video series spotlighting experimental songwriters, garage rockers, avant-pop acts and more from the mind (and attic) of Argentinian artist Salvador Cresta.

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WASTOIDS Music News

Decoy Deloy brings you the latest in music news, each Friday from the WASTOIDS loft.

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HIGHLIGHTER

Jenny Nobody brings a weekly video roundup of what you may have missed last week on WASTOIDS.

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WASTOIDS DIGS

Handpicked new releases from the WASTOIDS staff every week on WASTOIDS DOT COM

SPECIALS

Nilsson Talks Nilsson

Olivia and Kiefo share interesting tidbits, unknown stories, and personal experiences related to their father, legendary singer, producer, interpreter, and composer, Harry Nilsson.

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Special Podness

Four-part mini-series dedicated to the history of The Special Goodness by the three dudes who (probably) know it best: Pat Wilson of Weezer, drummer Atom Willard (Rocket From the Crypt, Plosivs, Against Me!) and Karl Koch, Weezer historian.

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In The Crates

In the early ’80s, skate punk roared out of Phoenix, led by a group of teenagers called Jodie Foster’s Army. On JFA’s 1983 full-length debut, Valley of the Yakes, vocalist Brian Brannon rails against preps, gossipers, cops, and Reagan. But he saves some of his gnarliest lyrics for a local radio deejay, a guy named Johnny D.

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FROM THE ARCHIVES

Clairaudience

A late night weekly mood music/paranormal radio show featuring kitschy and soothing music, far out stories from guests like John Darnielle of The Mountain Goats, plus calls from the WASTOIDS hotline.

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WASTOIDS With

Interviews featuring Van Dyke Park, Keith Morris, Steve Keene, Roger manning Jr., Paul Leary, Laura Jane Grace, East Bay Ray from Dead Kennedys, CREEM Magazine, The Source Family, and more.

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Strange Gear

An exploration of unusual musical equipment and the stories behind it featuring artists like, A Place to Bury Strangers and Nick Reinhart of Tera Melos, and more.

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WASTOIDS, Season 1

Initially created for Night Flight, this 4 episode series is baked and fried in the Sonoran Desert and NYC, throwing back to the halcyon days when stoned teenagers could stay up all night watching music videos, loopy comedy, and arty strangeness on the TV set.

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Out of Site

Recurring live music video series, featuring Mute Swan, Supercrush, Dante Elephant, Beach Bums, Sydney Sprague, and more.

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MIXTAPE

Curated playlists from WASTOIDS friends

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WHAT ELSE?

WASTOIDS is a hotline: 1-877-WASTOIDS. We want to know: What’s the weirdest thing that’s ever happened to you? Has a stranger ever relayed a cryptic message? Have you witnessed something confounding in the sky? Found yourself stranded in a frightening location? Call WASTOIDS and tell us your strange tale.

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@ 908d47b6:a2bf38ad

Bei Plebbin anmelden und 210 Sats kostenlos erhalten!

Schon auf den ersten Blick auf die Farbgebung der Webseite erkennt man, dass hier Bitcoin eine Rolle spielt. Das Bitcoin-Orange ist omnipräsent. Die aufgeräumte Startseite zeigt Anzeigen in verschiedenen Listen. Was hier direkt auffällt: Die Preise sind oft in Sats (Satoshis) angegeben.

Was ist Plebbin?

Plebbin ist ein Kleinanzeigenportal ähnlich wie markt.de oder ebay Kleinanzeigen. Jedoch steht hier die Bezahlung mit Bitcoin im Vordergrund. Betrieben wird die Plattform von SHOPINBIT Sp. z o.o., einem polnische Unternehmen mit Sitz in Krakau. ShopinBit wiederum ist ein Marktplatz auf dem man mit Bitcoin zahlen kann.

Plebbin bietet eine Kleinanzeigenplattform mit den bekannten Funktionen von alteingesessenen Playern im Kleinanzeigenmarkt wie Highlighting der Anzeige, Hochschieben der Anzeige, Accounts für gewerbliche User und vieles mehr.

Ganz einfach gegen Bitcoin verkaufen

Auf der Plattform ist es sehr einfach eine Anzeige zu erstellen. Dazu stehen verschiedene Kategorien und Sparten bereit. Man kann auswählen ob ein Versand und/oder eine Abholung möglich ist. Ebenso kann man entscheiden in welcher Währung der Preis angezeigt wird. Zusammen mit Fotos und einer Beschreibung des Artikels kann man die Anzeige dann schalten. Sie wird nach Überprüfung durch einen Moderator freigeschaltet. Das funktionierte in einem Test auch an einem Samstag abend sehr schnell. Als Free User kann man nur eine Anzeige zur Zeit schalten. Um mehr Anzeigen schalten zu können, ist Upgrade nötig, dass nur 21 Satoshis (circa 1 Cent) für 3 Jahre kostet.

Der Rest funktioniert wie bei jeder Kleinanzeigen-Plattform. Wenn du etwas verkaufst, wird dich Jemand fragen „Was letze Preis?“ (der musste sein), ihr macht einen Preis aus und nach der Zahlung versendest du deine wertvolle Ware oder lässt Sie abholen. Jedoch erhältst du ein als Bezahlung ein Geld, welches nicht Inflationiert wird und nicht zentral verwaltet wird.

Wenn das Alles hier für dich neu ist, dann schau dir unsere Tipps zum Verdienen von Kryptowährungen an.

Wenn du auf den unten stehenden Link klickst, dann gelangst du direkt zur Anmeldung bei plebbin.com und erhältst 210 Satoshis auf dein Plebbin Konto. Bei Plebbin anmelden und 210 Sats kostenlos erhalten!

@ 0dde8796:14799cec

I went to Pub Key last Wednesday for a late afternoon "fireside chat" with Alex Gladstein, Chief Strategy Officer at the Human Rights Foundation and Vice President of the Oslo Freedom Forum. He is also one of the most articulate bitcoin advocates. If you haven’t read any of his books, you should. I looked forward to this event all week.

I got there early to get something to eat and have a few beers. When I arrived the place was almost empty. The owner, Tom Pacchia, was getting ready to broadcast a live Twitter Spaces with Alex, who was sitting at the end of the bar.

I ordered a beer and told the bartender that I would be paying with bitcoin. Last time I showed up without sats, but this time I had the Phoenix wallet on my Graphene Pixel locked and loaded. For dinner I had a chopped cheese. Now I’m sure many of you have never heard of a chopped cheese. Here’s how wikipedia describes it:

Chopped Cheese is a type of sandwich originating from New York City. Found in bodegas throughout Upper Manhattan, Brooklyn, the Bronx, and Queens,it is made on a grill with ground beef (typically pre-formed ground beef patties), onions,adobo or other seasonings, and cheese, all of which are chopped together on the grill as the meat and onions cook and the cheese melts. It is served with lettuce, tomatoes, and condiments on a hero roll.

I don’t profess to be a chopped cheese expert, but the sandwich was damned good.

The place began to fill up. This was a different crowd than my last visit, which seemed to be mostly Galaxy Digital employees. Today there was just a bunch of very friendly bitcoiners. I heard no shitcoin talk. The two guys sitting next to me were from New Jersey. They were meeting for the first time since discovering each other on the Orange Pill app. One of them was telling me about his plans to start a Jersey City meetup. I met someone who identified himself as Kenobi Nakamoto, from Barcelona, Spain. He was visiting New York and stopped in to hear the presentation. I met a retired Rutgers University Economics professor. I met more bitcoiners in twenty minutes than I knew before I walked in the bar, by a long shot. I had heard that face to face conversations with fellow plebs was much better than online interactions. Still, I didn’t expect to have such a great time. I wish I had discovered this place sooner.

Based on prior experience, I thought I would be the only person paying with bitcoin. I was seriously mistaken. Bar codes were getting scanned left and right. It was like I had time traveled to Bitcoinland, circa 2050. Pub Key uses a Zeus wallet hooked up to a Square terminal. Evan Kaloudis helped set it up. He also frequently shows up at the bar, which must come in handy if they need any tech support. The transaction was flawless. Since Jason the bartender is not into bitcoin (yet), I wanted to tip him in cash, but the system adds a twenty percent tip to each lightning tab. By the way, Jason is a fantastic bartender, competently serving up drinks while shooting the shit with the customers.

Soon it was time to head to the meetup room in the back.

Alex Gladstein

“In Zimbabwe our biggest note became an astonishing but useless one hundred trillion dollar note. We lost everything because of a brutal and corrupt government took it all. Alex Gladstein reveals what Bitcoin can and is doing for people who are at the mercy of political looting gangs in designer suits backed by the military. He shows how Bitcoin is a genuine chance at freedom for billions of people trapped in financial oppression.”

Evan Mawarire, Zimbabwean Pastor and Pro-Democracy Advocate

The presentation started right on time. Tom set the ground rules. This was to be an informal discussion, not a lecture. The room was packed with Alex Gladstein fans. In my opinion there wasn’t as much back and forth as planned, because nobody wants to interrupt Alex when he’s on a roll. For those familiar with his work, he elaborated on much of the material he discussed in his recent books: The role the IMF (International Monetary Fund) and BIS (Bank For International Settlements) play in draining the global south of resources to benefit the United States and its chosen allies. As he has written elsewhere:

The reality is that these organizations have impoverished and endangered millions of people; enriched dictators and kleptocrats; and cast human rights aside to generate a multi-trillion-dollar flow of food, natural resources and cheap labor from poor countries to rich ones.

Gladstein talked about African bitcoiners he knows and their low opinion of the United States. To Africans, the United States is a colonizer. Revolts against colonizers have typically been Marxist. This is the environment that organizations like the HRF are faced with when trying to orange pill these societies.

He also described how criticism of the IMF in the US traditionally differed depending on where you stood politically . Conservatives saw it as a waste of money. Libertarians recognized the harm it was doing to underdeveloped nations by saddling them with debt. It was the political left, however, that recognized both the harm its policies caused, and the tremendous financial benefits enjoyed by the United States. Every dollar spent on these loans reaps substantial profit.

There was more give and take towards the end of the discussion. A Nicaraguan man whose relatives were former Sandinistas described how difficult it was to get them to see bitcoin as anything but a scam. Gladstein didn’t have any simple solutions. He made clear that he can only help those who are already interested in bitcoin.

He closed by mentioning the Oslo Freedom Forum NYC that will be held in late September. I plan to attend. Then he signed copies of his last two books, Check Your Financial Privilege and Hidden Repression: How The IMF And World Bank Sell Exploitation As Development. Since I had already read the former, I got a signed copy of Hidden Repression.

I Shall Return (again and again)

On my way out I noticed that the bar area was more or less empty. Everyone had been crammed into the back room to listen to Alex Gladstein. He was the star of the show tonight.

Once again I had a great time at Pub Key. I know I’m getting repetitive, but this bar is Hodler Heaven. It is the perfect place to socialize in a very comfortable setting. You also get to listen to, learn from, and interact with some of the best minds in bitcoin, at no extra charge. Pub Key is a must visit. You won’t be disappointed. If I didn’t live an hour and a half away I’d be there every night.

First Published On Stacker News August 21, 2023

@ 0d97beae:c5274a14

Below is an example letter designed to help you consider how you might handle inheritance for Bitcoin.

The goal is to ensure that your beneficiary(s) have a basic level of understanding and experience using self custodial Bitcoin wallets before they inherit your bitcoin. As they create these wallets, they no longer have the excuse that taking custody is too hard as the bulk of the work is already done and the details of what to think about have already been spelled out.

If the beneficiary understands self custody and bitcoin wallets, they will likely be able to skip many of the steps, however the letter is framed such that if they do not have this knowledge, they will most likely follow the steps as it appears to be a mandatory technical prerequisite to receiving the bitcoin.

In order to compliment this letter, you should consider creating and providing a starter kit. This will include the tools and devices necessary to complete the instructions, and it would be helpful to include some recorded demos of you following the same instructions. The beneficiary will need to use their own personal device(s), and some steps may be different in the future, but a visual aid will be very helpful.

What you'll need

In order to create a starter kit, you will need the following items:

1. A spare hardware wallet: this will be a device that you will never use; you will have your own hardware wallet for your own personal use, but this needs to be one exclusively reserved for your beneficiary.
2. Dice or coins: Why not provide the tools that you wish for them to use to create their own keys.
3. A key stamping kit: this will include any steel plates that will be stamped onto, hammers, any jigs that might help make the stamping process easier, and a capsule or enclosure for the stamped backup with tamper evident seals or stickers. Note, if you prefer to store your seed in some other fashion, have the tools and mediums for that instead.
4. An extra steel plate: You will be demoing the process of stamping seed phrases to your preferred medium of storage. This means that you will an extra untouched one to include in the final starter kit.
5. A video camera: It may also help to have a partner or friend film you and for you to have a well lit and set up environment.
6. A digital storage device: A small USB storage device can contain the videos you wish to share.
7. Blank cards or paper: We can use these to label items and to provide tips to help our beneficiary identify items and how they should be used.
8. A case: For presentation, it is a good idea to place the different items into a case, preferably filled with a foam insert that can be cut to allow the different items to be snugly fit and presented nicely. It may also be a good idea to seal the case with a tamper proof seal or sticker.

Note that this document is merely a recommendation, feel free to design your starter kit as differently as you'd like. If the kit can be personalised in any way to the intended beneficiary, that will be even better.

What to record

It may be possible to find and link to online videos made by others, however a video of yourself will be more familiar and will show how to use the tools you have provided. If the beneficiary feels uncertain, they will choose to use the provided tools and to follow your instructions to the letter.

The following things are useful to record:

1. Rolling dice or coin flips and creating a new key: This can be a sped up video, but it shows that the task is not overly complex or convoluted and will encourage the viewer to follow this step. Doing it for real, you will show how you go about recording fairly, if you find duplicate numbers, you can stress why you should keep those in.
2. Entering details into your hardware wallet: Creating a new cold wallet using dice rolls or coin flips is often hidden as an advanced feature. Showing how to find this feature using the device they will be using will speed the process up tremendously.
3. Stamping seed words: This can be a short video showing only the stamping of a couple of words, but it will help to show how the tools are used and it will provide some familiarity for the viewer and encourage them to do the same.
4. Creating a watch-only wallet: This can be a daunting task, and is hard to describe in the letter as it depends on the device and the application you are choosing to use. Showing how to do this air-gapped is also very useful.
5. Air gapped signing: Again, air-gapped signing is different based on the hardware wallet and the wallet software so showing a specific example will help.

Making these recordings will give you the confidence that the instructions are clear and will help you to add clarifications to the letter or as hint cards where appropriate for your specific setup.

Reusing items for demo and final purpose

It is obviously best to provide brand new items in your starter kit, however certain things can be expensive: namely the tools used to punch seed words, and the hardware wallet itself.

If you must use the same hardware wallet to demo, be sure to include extra instructions on what things have been open, and what to expect when starting the device. Ideally it should be in a factory reset mode, however if this is not possible, you may need to provide a pin and provide instructions on how to restart seed creation.

Be clear, such that the recipient can still follow official online guidance with only the exceptions you provided. For example, you can keep your device within the tamper evident bag it came in. The recipient can verify that the device and packaging match but will understand that you have already opened it and that they should not worry about that.

The package

A foam filled case allows you to present your gift well, and ensures that the contents are well protected and organised. Using a marker, you can mark out areas for your items to sit, keeping the holes snug, you can then use a knife to cut into the foam and dig out the holes for your items to sit.

Cards can be placed into slits with finger holes on either side to allow pinching and pulling the card out easily. These cards can provide useful diagrams and notes to help improve the overall experience, making the inheritance feel like a cool gift rather than a set of chores.

The contents will include:

1. A hardware wallet of your choice
2. Tools and plate to punch new seed words, including any capsules if appropriate
3. Dice/coins and paper designed to help with recording the results
4. A USB storage device with videos
5. Tamper evident bag(s) and/or seal(s)
6. A selection of cards explaining what contents to expect, and what they should be used for
7. The letter itself providing instructions for your beneficiary

The letter

Below is an example letter, read it carefully, modify as you please and be sure to add your own details for the last paragraph as your own situation will likely be different to the example I have provided:

nostr:naddr1qq2nsdnxf3k9vv3nt9q56c6yvegx7nn4gfghsq3qpktmatjk0l8vn3jhfuwxaasjd65kn4ye9sce3egup7k993f8fg2qxpqqqp65wnjc3ra

@ 20986fb8:cdac21b3

A weekly update on YakiHonne.com 15th – 21st Aug

TL;DR

1. Featured Articles of the Week

2. Tech Updates - Images uploading & uploading history: you can directly upload images while writing and re-use them - NIP-05 identifiers: search tab now support searching users by usersnames - Math equations are now supported using the katex syntax
 - Bugs fixed (Bookmark, report, editor, etc.) - UI/UX Enhancement

3. YakiHonne Events - Web3, AI and DeSci Creator Hackathon - YakiHonne Ideathon | Integrate Future Creativity and Set Sail on an Artistic Journey - Publish Your Long-form Content on Nostr and Earn 17,500,000 SATs - Hot Topics Creation Hackathon with YakiHonne - Earn SATs with YakiHonne Updates

4. Weekly Featured Streaming

5. Weekly Curation Picks

6. Top Curators/Creators from All Relays

1. Featured Articles of the Week ☕

Nostr ecosystem's long-form posts is breakthrough! Thanks to all the creators, like james, Vivido srl, TopWK1, yael, Disturbia, chef4₿rains, Welcome all to explore the enriching experience of yakihonne.com.

1. Navigating the Fourth Turning: A Strategic Guide for Investors — by @ Flextiger

Based on Neil Howe's new book, "The Fourth Turning Is Here", @Flextiger led us to delve into a forecast of looming economic recession, inflation, volatility, and instability in the financial markets.

2. Honne Boxshow | The Key Role of User Experience (UX) in Driving Digital Product Growth (Feat. Caleb) — Feat. Caleb

Constant improvement is what will make any product retain a large market share. How can #UX drive digital product growth? Welcome to listen and read Honne Boxshow EP8 (Feat. @Caleb from #Nostr-YakiHonne client

3. Grants for BDK, LNbits, Nostr, and More! — by @ OpenSats

After announcing the first wave of grants, OpenSats announce an additional wave for 8 projects in #bitcoin and #nostr. What did these projects do? How to apply for OpenSats grants?

4. Sonnet 96 "Artemis And Iris (In A Prelude 0f Spring) By Francisco Luis Arroyave Tabares — by @Francisco Luis

Sonnet 96, "Artemis And Iris (In A Prelude 0f Spring)" is a beautifully crafted poem that has not yet been published. frank_duna shared this poem and used AI (ChatGPT4) to help analyze it.

5. Orange pilling in developed nations — by @ Beme

There are many misunderstandings about #Bitcoin, especially in developed nations. How to explain them? #Beme shared some challenges and tips when talking about Bitcoin.

6. The art of self reflection — by @ Lnuvf

Like a masterpiece in the making, #selfreflection crafts a life that is not only lived, but deeply understood, embraced, and enriched. What is the meaning of self-reflection? How does it help us?

7. Why are there different types of Bitcoin addresses? — by @ Disturbia

The #Bitcoin blockchain is running stable. However, due to different needs and other reasons, #softforks are implemented. How do they impact Bitcoin wallet address design?

8. On linguistic issues and the definition of racism — by @ enlund

Is it possible to be #Racist against white people? The answer depends on who you ask, and when you ask... it has become a driver of political polarisation.

9. 7 economic principles through Bitcoin Glasses — by @ honeybadger

Knowledge of economics is essential as we journey through #Bitcoin. @honeybadger shared 7 economic principles, such as Lindy Effect, S2F, Cantillon Effect, etc. to help us understand Bitcoin.

2. Product Updates 💻

Weekly Updates - Add images upload for the writing editor: users now can directly upload images while writing - Add uploads history within the writing tab to allow users re-use already uploaded images for any written articles
 - Arabic language support (only articles previewing), Arabic native users need to write with inverted indent at the moment 
 - Stats icons are responsive now, whenever they are hovered – users feedback
 - Search tab now support searching users by usersnames/nip-05 identifiers – users feedback 
 - Users now can re-verse upvoting/downvoting or even canceling them 
 - Math equations are now supported using the katex syntax
 - UX/UI enhancements: curations description box shows/hides by hovering/arrow - 

Fixed bugs:
 - Fixed the bookmark list disappear after removing a bookmark - Fixed the curations description box UX/UI for mobile version
 - Change report flag colors - Fixed typos/grammatical/hints errors - Fixed writing editor glitching when zooming the window - Fixed editor scroll bar - Fixed UI for firefox browser - Fixed inexistent profiles in user’s profile page - Fixed settings page reload (two times in a row)
 - Fixed katex syntax and images uploading not working on mobile version
 - Fixed code blocks showing only the first line - Fixed misplaced dragged articles in curation creation

3. YakiHonne Events 🏖️

YakiHonne not only provides creators with a convenient and friendly creating platform, but also holds a series of activities to allow creators to express and share in more channels and forms. Welcome to join and Have FUN with YakiHonne!

Click to check out YakiHonne ongoing events Curation!

1) Web3, AI and DeSci Creator Hackathon

With the rise of Web3 technologies, scientific research will usher in unprecedented improvements in data sharing, collaboration, and transparency. At the same time, the application of artificial intelligence in data analysis, model prediction and other fields will greatly promote the development of scientific research. By holding the Web3, AI and Creator Hackathon, we aim to stimulate the thinking of researchers, developers and creators, and explore how to use Web3 and AI technology to optimize scientific research and promote the continuous advancement of science.

Creators from various universities and communities participated in the YakiHonne Web3, AI, and DeSci Creation Hackathon. Community voting is open. Welcome to upvote and comment on your favorite posts in the selected post curation.

2) YakiHonne Ideathon | Integrate Future Creativity and Set Sail on an Artistic Journey

In order to promote the nostr ecology and encourage more creations on the relays, YakiHonne invites you to experience and exchange discussions on Digital Art and Technology Creation, Sustainable Art and Environmental Protection, and The future relationship between AI and human beings via participating ideathon and posting creations from yakihonne.com.

"Embrace future creativity and set sail on an artistic journey!"

Discussing themes like #DigitalArt #AIGC #SustainableArt with like-minded creators in the #Ideathon. Share the world your creating procedure and results via the censorship-resistant platform yakihonne.com, and win generous bonuses.

How to participate 1. Join our group: https://t.me/YakiHonne_ideathon, share your idea, proposals and posts. 2. Join discussion and post your idea in ideathon via the link under each theme. 3. Be inspired by other people's ideas, or form your own ideas, make them a creation. 4. Adding #YakiHonne-Ideathon tag when posting your creations. 5. Posting, sharing, and being zapped. 6. Encourage more people to create, Let's meet and have fun IRL in the future.

More details: YakiHonne Ideathon | Integrate Future Creativity and Set Sail on an Artistic Journey

3) Hot Topics Creation Hackathon Round 1

Hot Topics Creation Hackathon with YakiHonne is the new global creation hackathon, that initiated by YakiHonne, and centered around hot topics. Any creator who enjoys discovering and tracking hot topics is welcome to participate, regardless of your field or subject matter. The exclusive platform feature of YakiHonne is the freedom to express, create, curate, and share your creation on a wide range of topics with a global audience. YakiHonne, a decentralized long-form content platform based on the Nostr open network protocol, ensures a perfect creating experience for every creator.

By joining the Hot Topics Creation Hackathon, not only can you showcase your creation, but you can also leverage various promotional methods exclusive to YakiHonne, such as Workshops, Podcasts, Live Streams, Meetups, etc., to promote your creation and the stories behind to audiences in 86 countries (still growing!). What's even more exciting is that your creations can be rewarded with up to 170,000 SATs!

The Hot-Topic Hackathon is a long-term hackathon, with weekly evaluations. Come join now and share the 17,000,000 SATs prize pool!

Round 1 ended, and entered evaluation stage, stay tuned for updates!

Read More Details: English | 中文

4) Publish Your Long-form Content on Nostr and Earn 17,500,000 SATs

A long-term Nostr Creation Grant, with a 17,500,000 SATs funding pool. Over 300 posts get zapped.

Round 4 had ended successfully! Stay tuned for new Round 5!

YakiHonne Creation Zap Grant continues! Round 4 is concluded. Nostr's long-form posts are created by 100+ creators from 80+ countries. The variety of content expanded to include opinions, insights, travel notes, study notes, feedback, health tips, comics, and even oil paintings. Additionally, posts in Persian and Thai languages became part of the ecosystem. The boom of the ecosystem is thanks to all the creators, and their support is greatly appreciated!

Creating for You and Your Fans through Nostr and ZAP Now.

Zap Rules:

1. No malicious speech such as discrimination, attack, incitement, etc.
2. No Spam/Scam, not fully AI-generated article
3. No directly copy & paste from other posts on Relays
4. Spread positive content like your knowledge/experience/insight/ideas, etc.

How to Get Zap:

1. Join YakiHonne TG group: https://t.me/YakiHonne_Daily_Featured
2. Share your post in the group
3. Make sure your LN address is in your profile
4. Based on the rules above, we will ZAP your post directly within 2 days

Join our group for more query: https://t.me/YakiHonne_Daily_Featured

5) Earn SATs with YakiHonne Updates

YakiHonne.com is continuously improving to offer a top-notch user experience. With weekly updates being rolled out, you are invited to test these updates and post your feedback and opinions as an article via YakiHonne.com.

As an incentive, participants can earn up to 100,000 SATs.

Here are the reviews curations from Round 1, Round 2, Round 3, and Round 4.

Thanks to all participants, Stay tuned for Round 5!

4. Weekly Featured Streaming🎙️

Honne Boxshow EP8 with Bello on 16th Aug

YakiHonne Convos EP1

5. Weekly Curation Picks 📚

1. Submissions from Web3, AI & DeSci Creation Hackathon - by YakiHonne The Web3, AI & DeSci Creation Hackathon was successfully held. Throughout the hackathon, we received submissions of various forms and topics. This curation has collected selected submissions, thanks to all the creators.

2. self sovereign identity - by vp

3. Decentralized Identity - by vp Dive into our series on decentralized identity, shedding light on the revolutionary Self-Sovereign Identity (SSI) and the powerful Decentralized Identifiers (DID). Explore a future where identity control shifts from central entities to individuals, reshaping the digital age's essence. Join us in navigating this transformative realm, poised to redefine personal identity and digital interactions.

6. Top Curators 👩‍💻

1. YakiHonne

2. Vp

3. Wendyding

4. SNostrich

5. Shaun

6. S

---

About YakiHonne:

YakiHonne is a Nostr-based decentralized content media protocol, which supports free curation, creation, publishing, and reporting by various media. Try YakiHonne.com Now!

Follow us

• Telegram: http://t.me/YakiHonne_Daily_Featured
• Twitter: @YakiHonne
• Nostr pubkey: npub1yzvxlwp7wawed5vgefwfmugvumtp8c8t0etk3g8sky4n0ndvyxesnxrf8q

@ f866d5b1:c526b32f

เหตุที่ทีมฟุตบอลจากภาคใต้สูญพันธุ์ในไทยลีก ก็เพราะปัจจัยด้านภูมิศาสตร์ของประเทศไทย มีการวิจัยจากการแข่งขันบุนเดสลีกา​ (ลีกฟุตบอลสูงสุดของประเทศเยอรมนี) พบว่าระยะทางที่สโมสรฟุตบอลต้องไปแข่งขันเมื่อเป็นทีมเยือน ส่งผลให้อัตราการชนะในการแข่งขันนัดนั้นลดลง (Oberhofer, H. & Philippovich, T. & Winner, H. (2010). Distance matters in away games : Evidence from the German football league. Journal of Economic Psychology, (31), 200-211)

ปัจจุบันทีมที่อยู่ตอนใต้สุดของไทยลีก คือ พีที ประจวบ ที่เตะนัดเหย้าที่สนามสามอ่าว อ.เมือง จ.ประจวบคีรีขันธ์ ซึ่งขับรถต่อไปไม่เท่าไหร่ก็ถึง อ.ทับสะแก จ.ชุมพร แล้ว

ส่วนทีมอื่น ๆ อีก 15 ทีมในลีกฟุตบอลสูงสุดของประเทศไทย ล้วนกระจายอยู่ในแถบภาคกลาง ภาคเหนือ และภาคตะวันออกเฉียงเหนือ

ดังนั้น หากทีมฟุตบอลที่มีสถานที่ตั้งห่างจากชาวบ้านชาวช่อง ไม่มีทีมอื่น ๆ ใกล้เคียงเลย มักจะต้องม้วนพับเสื่อกลับไปเล่นไทยลีก 2 ที่เป็นการแข่งขันแบบตะลอนเที่ยวทั่วไทย หลังจากมาโลดแล่นบนผืนหญ้าของไทยลีกได้ไม่นาน หากไม่มีเงินทุนมหาศาลอุดหนุนทีมฟุตบอลนั้น ๆ

เพราะระบบการแข่งขันของไทยลีก 2 มีการกำหนดจำนวนทีมในแต่ละภาคอย่างสมดุล เนื่องจากระบบการเลื่อนชั้นจากไทยลีก 3 จะให้สิทธิจากทีมแชมป์ภาคต่าง ๆ ขึ้นมาเล่นไทยลีก 2 ในปีถัดไป



ทีมฟุตบอลในประวัติศาสตร์ไทยลีกที่อยู่ใต้สุดคือทีมอะไร

ไทยลีก เคยมีทีมจากแดนใต้ที่มีสถานที่ตั้งไกลสุด คือ สงขลา เอฟซี ที่เปลี่ยนเป็นชื่อ วัวชน ยูไนเต็ด ในเวลาต่อมา ซึ่งเตะกันที่สนามติณสูลานนท์ อำเภอเมือง จังหวัดสงขลา



ทีมฟุตบอลจากแดนใต้ควรทำอย่างไร หากได้มาโลดแล่นในสังเวียนไทยลีก

สมมติว่าปีหน้า ทีมนครศรีธรรมราช ได้เลื่อนชั้นมาจากไทยลีก 2 ถ้าไม่ได้สปอนเซอร์ใหญ่ ๆ สนับสนุนแบบเต็มที่ นั่งเครื่องบินไปเยือนทุกนัด มีหวังได้กลับไปทัวร์ทั่วไทยเหมือนเดิมแน่ ๆ

โลกทุนนิยม กับ แนวคิดเงินช่วยบันดาลความสุขเสมอ

ใครว่าเงินซื้อความสำเร็จในการทำทีมฟุตบอลไม่ได้ ผู้เขียนขอค้านเต็มที่เลยแหละ เงินที่นำไปใช้ในสิ่งที่ถูกที่ควร มันก่อให้เกิดผลดีกับสโมสรทั้งนั้นแหละ

ดูอย่าง เชลซี ยุคเสี่ยหมี พอเสี่ยเลิกมาจุ้นจ้านเรื่องซื้อตัวนักเตะตามใจอยาก ปล่อยให้ผู้จัดการทีมเป็นคนเอาเงินไปช้อปปิ้งนักเตะที่ต้องการ ผลก็คือ เชลซี ประสบความสำเร็จทันทีและได้ร่วมเป็นทีม Big 4 ในพรีเมียร์ลีก ยุค 00's หลังจากร้างความสำเร็จมาร่วม 50 ปี

ดังนั้นการมีเงินทำทีมจะช่วยบันดาลแชมป์ให้สโมสรฟุตบอลได้ แม้ว่าทีมจะต้องเดินทางไกลในเวลาออกไปเป็นทีมเยือน อย่างทีมบุรีรัมย์ ก็นั่งเครื่องบินเกือบทุกนัด หรือหากมีการแข่งขันนัดเยือนติดต่อกันแถวกรุงเทพและปริมณฑล ก็จะมาเก็บตัวที่แคมป์บางบ่อ ไม่กลับไปที่บุรีรัมย์แล้วค่อยขนทัพมาใหม่ในการแข่งขันนัดถัดไป

@ 1c6b3be3:73f0ae6f

I'm happy to announce my very first pre alpha data vending machine provider.

But first...

What is a data vending provider ?

The concept of data vending provider has been imagined by nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft.

The NIP is not yet merged but Nostr magic in place, we can already build and use it. https://github.com/nostr-protocol/nips/tree/vending-machine

This specification let builder, user, AI provider to create a distributed market of the data.

For the purpose, lets say Alice can provide transcription (transform audio to text), image generation, GPT thing. Bob want to transcribe a youtube video but don't want to deal directly with AWS or other thing (Microsoft Azure)...

Bob can publish a specific note on Nostr that say (hey, I want to transcribe this youtube video)? Alice can respond, "hey, I can do that for a small fee". Bob can pay. Alice can now work on it (obviously she can shit or even scam) and publish the result.

How to use DVM GeniusBot

That the fun part. Transcription job can be made on https://dev.highlighter.com/web or https://vendata.io/.

We will show on a demo on the last one.

Let's go to the "Create Job" tab and click on "text extraction".

Type a youtube URL and optionally a segment.

Click on create. After 10 secondes to 1 minute (depending how the DVM GeniusBot is healthy), a proposition appeared.

Pay the lightning invoice.

... After few minutes (depending the audio duration), DVM GeniusBot provides a transcription.

@ 2edbcea6:40558884

Happy Sunday #Nostr!

We're very excited to announce that we are partnering with nostr:npub1r3fwhjpx2njy87f9qxmapjn9neutwh7aeww95e03drkfg45cey4qgl7ex2 to bring you the #NostrTechWeekly newsletter here at the nostr:npub19mduaf5569jx9xz555jcx3v06mvktvtpu0zgk47n4lcpjsz43zzqhj6vzk . A little about him: he’s been on Nostr since January, and he’s a developer that’s been working on Nostr-related projects related to relays.

Our goal here is a weekly newsletter on the more technical happenings in the nostr-verse. Follow the hashtag #NostrTechWeekly to ensure you’re getting the newsletter ASAP!

Lots of activity improving the Nostr protocol this week! Let’s dive in.

Recent Upgrades to Nostr (NIPs)

1) Nostr Marketplaces add Shipping Cost 📦

This is a relatively small update to NIP 15 (marketplaces on Nostr); it adds explicit support for shipping cost as part of purchasing items on a marketplace implemented on top of this pattern.

Author: nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6

2) Consolidate core capabilities into NIP 1 ⬇️

NIP 1 is dead simple which is why Nostr was so easy to start developing on. As more folks started developing on Nostr, some functionality was added to the Nostr protocol and codified as subsequent NIPs.

Now they’re all so core to the protocol that nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 has advocated and merged an update that places all the core NIPs as part of NIP 1 since the philosophy is that you can theoretically enjoy decent Nostr experience if your client and relay only implement NIP 1. Now that’s true again!

Author: nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6

3) Mailing Lists (Proposed) 💌

NIP 101 is a proposal to formalize a way for Nostr users to subscribe to mailing lists via the Nostr protocol.

Users can publish a specific kind of Nostr event with their email address and the list they want to subscribe to. The email address is encrypted, which means the manager of the mailing list and the subscriber are the only ones with access to the email address. This cuts out third parties used by the author of the newsletter (mailchimp, convertkit, etc).

Could be a neat foundation for a more private, secure, and decentralized newsletter tool to outcompete the existing players.

Author: KaffinPX

4) NIPs over Nostr (Proposed) ♻️

NIP 17 is a proposal to allow people to publish NIPs via Nostr itself. It allows versioning the NIP, being explicit about dependencies, and many other structured details that are missing from the existing repo (which is “just” a collection of Markdown).

Where this goes right is that the Nostr community can adopt NIPs without the blessing of the existing big players that currently manage the NIP repo (which is currently where “approved” NIPs) live.

Where this goes wrong is the difficulty of consensus on something this disorganized. NIPs would no longer be able to take advantage of 1) the tools like Github that help facilitate conversation as well as 2) the shepherding of the early Nostr community by the visionaries that started the movement through some measure of benevolent control of what gets merged into the NIP repo.

Authors: nostr:npub12262qa4uhw7u8gdwlgmntqtv7aye8vdcmvszkqwgs0zchel6mz7s6cgrkj

5) Gift wrapping events for secrecy (Proposed) 🎁

One of the big critiques of standard Nostr DMs is that the message is encrypted but the metadata (from, to, etc) is not. The proposed NIP 59 would allow Nostr users to almost entirely encrypt Nostr events including metadata.

The most obvious use case (and the motivating force) was to create more private and secure DMs. But anywhere where privacy matters on Nostr, gift wrapping Nostr events could help.

Authors: nostr:npub1gcxzte5zlkncx26j68ez60fzkvtkm9e0vrwdcvsjakxf9mu9qewqlfnj5z Kieran Paul Miller Jon Staab

Notable projects

Amethyst private DMs

Amethyst (the client) has taken steps to implement their own version of DMs that are more private that standard Nostr DMs are at the moment. They’re using their own proposed “gift wrapping” NIP 59 (discussed above).

I think this will be a “proof is in the pudding” moment where we’ll see the code in action even before the NIP is adopted. If it works well, it’s hard to imagine NIP 59 won’t be approved.

Favvy (Link in bio)

A Nostr-based LinkTree competitor. Favvy allows Nostr users to configure their “link in the bio” page that links out to all the various places that can’t all fit in a profile bio.

It’s Nostr-based so if you control the private key for a Nostr account then you can update that accounts Favvy. Feels elegant.

Latest conversations

Nostr is the non-dystopian Super

WeChat is a super-app which can consolidate an entire ecosystem of functionality within a single mobile app. It’s attractive for mobile-first users and authoritarians who see it as an easier way to control users. This phenomenon has been mostly limited to Asian markets but X (formerly Twitter) is working towards the same goal. They claim to want it to be less dystopian, but we aren’t a very trusting community 🙂

Is there a way to build something that has all the advantages of the super app without the dystopian effects of centralization of such critical digital infrastructure?

Enter Nostr. This post by nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft (builder of highlighter.com) paints a picture of how Nostr currently has all the basics needed to achieve that dream already.

The Nostr protocol already seems to be evolving into a kind of decentralized, consent-based app store where developers are recreating much of the existing products internet users love, but with a bent towards self-sovereignty, privacy, security, and cutting out middlemen.

It’s a compelling vision. There would be much work to do, and many challenges to solve to keep the spirit of Nostr alive through mass adoption.

Events

I’ll keep a running list of Nostr-related events that I hear about (in person or virtual).

1. Nostrasia Nov 1-3 in Tokyo & Hong Kong
2. NostrCon Jan 14, 2024 (online only)

If you wanna see something highlighted here just send a DM to nostr:npub1r3fwhjpx2njy87f9qxmapjn9neutwh7aeww95e03drkfg45cey4qgl7ex2

Until next time 🫡

If I missed anything, or you’re building something I didn’t post about, let me know, DMs welcome.

Stay Classy, Nostr.

@ 1fb34ce9:e3e29f46

What is for ?

If u like someones content, u can tap on the lightning in Amethyst to give the creator for his effort to write an good post a small tip. Or someone u likes ur content could give u on the other hand a small tip for ur wallet. U are also able to create any invoice in an Post that someone could pay and therfore send it to ur Wallet over Nostr.

Note: Under this Article there is also a little Troubleshoot Section to solve some issues which can occur.

What we need:

1. Amethyst
2. Alby Account
3. A lightning wallet like Zeus ( Zeus acts like an remote interface for ur Alby Wallet)

4. An other Wallet to top Up the Alby Wallet ( and so also Amethyst because its linked to it)

   1. Get Amethyst from favourite source ( https://github.com/vitorpamplona/amethyst)

      • Fdroid
      • Github
      • Playstore

   2. Create an Alby Account

      • Got to the Albybsite (https://getalby.com/)

      • Click on "Create Account" and follow the instructions to signup with email

   3. Download Zeus Wallet or any other Wallet Which support to integrate an LNDhub, like Blue Wallet or Wallet atoshi etc.

      *Get Zeus Wallet from u favourite Source ( https://zeusln.app/) * playstore * Fdroid ( need to add an repository) * Github

What we have to Do:

1. Connect Amethyst with ur Alby Account and ur Alby Wallet over Wallet Connect Service
2. Connect Zeus ( or any else) with ur Alby Wallet Account
3. Top up Alby Wallet

4. Put ur alby LNUrl into Amethyst to recieve Zaps (satoshis).

   1. Connect Amethyst to ur Wallet Connect Services.

      • Open ur Amethyst Wallet

        • Go to an random post

          • Tap Finger on an Zap Symbol ( looks like a lightning ) for a while https://cdn.nostr.build/i/5e09441b1aac813c3c987eb365883af74556365761bd146d54214cac1a62a876.jpg
          • A Screen Pops up
            • Tap on the Alby Symbol ( the Alien like one)

        • U will redirected to the Alby WCS Service site

        • Then Click on "Login To connect"
          • Login with Password,Use the same Data which u use before to create an alby account
          • Then u see the Alby Wallet Connect site https://cdn.nostr.build/i/7db19e95224610c006f4e161bcc5ee324953864a5c5db2cdda366499b0d93e20.jpg
        • Press the confirm button ( leave the other options blank)

      • Now u have to connect with the Wallet connect Service

        • Go to nwc.getalby.com
        • Login with the same Login Data from ur Alby Account
          • Tap "New connection" https://cdn.nostr.build/i/6bf6ac22fd1818b2026c87f2f1d14e54aad7a2a9e7e2e39913069f911cdb8595.jpg
          • Add a Connection Name ( for ex. "Amethyst")
          • Tap the Save Button
      • Normaly the Amethyst app is grabbing the Data correctly and the Screen switch to Amethyst (if not see for troubleshooting)

   2. Connect Zeus ( or any else) with ur Alby Wallet Account

      • Get into ur Alby Account
      • Open the Alby Website ( https://getalby.com/)
      • Tap on the line Field Button in the upper Right.
      • Click on "Log In"
      • Log in with ur Alby Credentials which u have created before ( If u get an error see Troubleshooting)

      • Open the Zeus app

        • Tap on "Get Started" https://cdn.nostr.build/i/e7c2f533a850755af8d087537c3fa96296725aca7a7f103fb0e5785957ddadc2.jpg
        • Tap on "Connect Node"
        • Tap on + Sign

        • Select LNDHUB as Node Interface

        • Tap "SCAN LDNHUB QR" but before u need the QR Code from ur Alby Account so...

          • Open ur Alby Account
          • Go to the Wallet Section
          • Then tap an on "Show your Connection Credentials"
          • Then u can use the QR Code if u tap on "Scan LDNHUB QR"

   3. Top UP Zeus Wallet

5. Install an other Wallet which is able to Pay with BTC/Fiat but convert recieved BTC into SATS ( Lightning)

   • U can Use the breez Wallet for it or its also possible over ur Alby Account or boltz.exchange

   TopUp-Breez:

   *supports Fiat and Btc ( CreditCard/Wire Transfer) Provider: moonpay.io https://cdn.nostr.build/i/28044739f874ce2b40436c6f18f471a6efff0bf58f235313414a966b531f02a0.jpg if u choose fiat ( buy bitcoin), then breez redirects to moonpay.io. In Moonpay u can buy btc over credit card or wire transfer

   TopUP-Alby:

   support Fiat/btc ( CreditCard/Wire Transfer) Provider: moonpay.io log into ur getalby account https://cdn.nostr.build/i/9af84c0dcf641d8c170510be8b1a1a3cb2d531cd609320a3b7e5809f0d8fcd72.jpg go to payments https://cdn.nostr.build/i/ba00822ea7630c6e5537abd7396baad514b1d64921ec3abf9ecba3919fbb5748.jpg tap on "topup" https://cdn.nostr.build/i/cc62880ec4becda53a33efe6ad7b90347f716e7f669ef2f5d1d4f4e4bf004a69.jpg then u can by bitcon https://cdn.nostr.build/i/1435eab084dc960f72035ba0255e3c647c0cc13011b4d506f3ff80edcba02baa.jpg

   • When u have some Sats in ur wallet , click on send and use the lnurl from alby ( u can find ur lnurl in ur Alby Account) for send some sats to ur alby wallet and then u can see it over the wallet app zeus, cause its linked with it and acts like an remote interface.

6. Add ur lnurl to Amethyst for receiving Zaps (SATS)

    *   Open ur Amethyst app
    *  Get into ur profile
   
    * Tap on the "Writing" Symbol this are the Settings for ur Profile in Amethyst 
           https://cdn.nostr.build/i/45588dccdae1b42fed0a57410f2e3fdc8b40f975e6cec444d5ff83ea7ddc8999.jpg          
        * u could see the point "LN-Adress" 
        * Put ur alby lnurl ( like 123455@getalby.com)  in it 
          https://cdn.nostr.build/i/a71acaa64599a5e6102be457c5e0648cb845d25fbdcdb94b74eef85f2b4bdbef.png
       * Close the settings
   

Congratz now ure able Pay/Recieve with SATS over Lightning in Amethyst.

Troubleshooting:

In some situations u have to make some workarounds to get things done cause some interconnections in the bitcoin environment has some issues.

1. Amethyst doesnt autofill the right credentials:

   • Connect to Alby wallet service
   • Use the QR code from ur Alby Account to insert ur Credentials.
   • Login into alby ( https://getalby.com/)
   • Go to Wallet
   • Click on the point "show your connection credentials"
   • Get back into amethyst app into the lightning settings ( long tap the lightning) besides the alby icon there is the qr one which u can use to insert ur connection credentials

2. Login into ur Alby Account doesnt work

   • u could use the option to send u an ontime link to ur email.
   • on the get.alby login page u can find this link.

3. Connection with the alby wallet connect service doesnt work.

   • Delete the connection an recreate a new one
   • To Delete go to: https://nwc.getalby.com/ and login
   • Go to Connection: Click on Disconnect
     • Get Back and Click the Button "Create a new Connection"
       • Create a one like u have done before for Amethyst

*This tut was inspirated by the Alby Guide Site *

@ 5ada3677:7c21c9db

劉新師傅講，天下人過的是四季日子，春夏秋冬而已，雲南人別具一格，過五季日子，春夏秋冬之餘，還多一個菌子季。雲南人的俏和麗，是不是有點讓人咬牙切齒？


菌子季當前，於劉新師傅主理的泓0871餐廳，同劉師傅一起，並肩治一局“石磊與她的朋友們”菌子宴，蒐集本埠各路食仙、食妖、食怪，與劉師傅言笑晏晏，食一晚山珍之味。

開筵之前，大家拍拍肩膀，飲一杯香檳。短短二十分鐘裡，我發現犯了一宗致命的錯，今晚邀請的這一桌子客人，腰細了，個個滔滔不絕能說會道，話頭剪不斷理還亂，井噴而出。一席晚宴，根本不需要暖席，已經人聲鼎沸搶話筒搶成世界大戰。讓我目瞪口呆的是，這八口人，都是今晚初遇的陌生人啊，怎麼可以無縫熱絡成無話不談了的局面？這是一個謎。

更要命的是，這一桌子食仙食妖食怪，統統是上海寧，darling你知道的，上海寧最萬惡的一個大寫的墨團團黑點點，是旁若無人大講上海鹹話。主人家劉新師傅是一介純正滇人啊，人家坐在主位上，一句聽不懂，我是不是熱汗冷汗奔騰而下？一餐晚飯，“請講普通話”五個字，我像小學班主任一樣，至少重複了一千遍。劉師傅仁厚，跟我說，不要緊不要緊，我這兩年在上海，已經可以聽懂百分之五十的上海鹹話了。  

開筵第一道，自然是松茸刺身，配白蟻雞樅，版納甜筍，以及阿穆爾魚子醬。極致的清與甜，雅麗非常。松茸的甜，是一種奇異的味覺，不是白糖的甜，不是紅糖的甜，不是蜂蜜的甜，不是米飯的甜，不是一切水果的甜，是一種難描難畫的甜。古人講，墨分五色，食過極品松茸，明白了甜豈止分五色。

第二道，大理獨蒜油雞樅夏日貝，德宏百香果油醋拌老人頭菌，易門水豆豉樹蕃茄珊瑚菌。碟子裡是十分節制的三個一小口，提供的味覺層次，卻豐富得毫無節制。不是劉師傅坐鎮解說，老實講，我連菜單上這三個一小口如何斷句，都有小困難。


與劉新師傅多次合作治局，每次食完泓0871的雲南菜，都有一種強烈的感覺，我們剛剛吃完的一餐，好像根本不是中國菜，也完全不是法國菜義大利菜日本料理，食材奇異，味覺奇異，知識點繽紛瞭亂目不暇給。劉師傅說，雲南有七個氣候帶，跟秘魯比較對標。聽完有點恍然。秘魯菜如今一騎絕塵，引領世界飲食潮流，今年世界最佳餐廳就來自秘魯。雲南菜的獨樹一幟，原來，有充分堅實的地理背書。

第三道，是暖湯，也是今晚整套菜裡，最讓我激動的一道。這道湯，取五種菌子，羊肚菌虎掌菌等等，與武定壯雞共煨數小時，湯色醇厚如遠年普洱，入口有一種溫厚圓潤的高香，後味很足，完全不油膩，非常有意思。絕色的是，這道湯，名字叫做肉普洱，飲飲湯，吃吃字，何等搖曳生姿。

宜良松針吊燒小刀鴨，小刀鴨是劉師傅的招牌菜，宜良的這種鴨，體長不過短刀模樣，今晚劉師傅取松針，編織成繩，於烤爐中暗火幽深，慢烤至皮脆肉嫩，再加入當季的紅蔥菌同烤，色香味形，面面俱到。我右肩的畫家，食來贊不絕口，儂看看，這只鴨子的皮色，油光飽滿，如一層完美無瑕的玻璃包漿。而炙烤充分的紅蔥菌，入口香滑無比，如鮮奶油一般細潤，是可以繞樑三個月的一口悶。


一邊食，一邊與各位飯伴滔滔不絕，話題上天入地無所不至，只有劉師傅說菜的那個五分鐘時間，是肅靜的，我跟劉師傅檢討，下一次治局，我會加倍小心謹慎，不會重蹈今晚覆轍，發言要舉手，聲控五分鐘。

鮮摘黑虎掌菌、蘆蒿炒大油墨魚

鹵煎牛肝菌川芎劍川辣椒藍標小牛肉佐鮮萃菌孢汁

砂鍋黑蒜鵝肝油生焗青頭菌

德欽金耳酸湯閩東黃魚腩

鹽泥肉螺絲椒青花椒紅蔥菌

泓運包燒山珍菌

宜良小哨乾巴菌金腿焗鱘龍魚筋

油雞樅毛豆炒板南根青菜

鹽泥肉白蔥菌燜飯和山泉水煮版納甜筍芥菜

版納冬瓜蜜鮮金銀耳桃膠百合蓮子湯搭雪燕桃子

人生有涯，而菌子宴無限。惜福。

圖來自阮雯小姐攝影

@ fd530a6a:ba1e05de

RPOW (Reusable Proof of Work) ovvero "abbiamo fatto il lavoro, vendiamolo!"

La Reusable Proof of Work è un'invenzione di Hal Finney, come base per un prototipo per del contante digitale. Ed è chiaramente una delle basi di Bitcoin.

L'idea è quella che un utente crei un token (una stringa di codice proof of work) che rispetti una data difficoltà. Utilizzando una propria chiave privata l'utente associa la proprietà di quel token a quella chiave, certificandone, dunque, il possesso.

Perchè la proof of work è riutilizzabile? Perchè l'utente A, che ha creato il token proof of work associato alla propria chiave privata, può cederlo all'utente B firmando un ordine di trasferimento alla sua chiave pubblica.

La corrispondenza con Bitcoin è evidente, ma nella teorizzazione di Hal, sarebbe dovuto essere un server centrale crittografato a mantenere e registrare tutti i cambi di proprietà dei token proof of work.

La più grande trovata di Satoshi, infatti, fu quella di unire tutte queste invenzioni precedenti e introdurre la timechain (o catena di blocchi o blockchain) che avrebbe permesso ad ogni utente del network di essere controllore e verificatore di tutte le transazioni.

In questo modo Satoshi risolse in modo distribuito il problema della doppia spesa, che fino ad allora fu risolto solo affidandosi ad un ente centrale fiduciario.

La RPOW non deve essere confusa con la POUW (Proof of Useful Work) che è un sistema degenere e non imparziale di Proof of Work.

Spero ti sia stato utile e chiaro. Fammelo sapere nei commenti. Se ti va, condividilo.

Una fusa, CypherGatto!

@ fd530a6a:ba1e05de

jj

@ d030bd23:96435da9

Introduction

Decentralized Naming System is an identity service which runs on a particular blockchain.

Image1: ICANN

It is intend to complement or replace the current name service which is managed by ICANN (your .com, .org and all the other Domain Name Service [DNS]) as they can be censored or removed. Under the hood, a decentralized naming are just tokens, particularly erc-721 token if it is on the Ethereum blockchain which is recorded on a register. This register may or may not be running within a Blockchain.

Image2: Ethereum Name Service

The most popular decentralized naming service is Ethereum Name Service (ENS) which uses .eth, followed by Unstoppable Domain (which owns .nft among others), DID (.bnb) and DAS (.bit). This article will highlight why current decentralized naming solutions fail to meet its objective and what alternatives are in place.

A website domain

The world wide web works in such a way that every device has an ip address. logging to websites using ip address is complicated for end users, so friendly names are used (like nostr.com).

Image3: DNS lookup

When we click on the website name, under the hood, our browser does a DNS query of the name and find its way to the website IP address. If a decentralized naming service is used, such mechanism does not exist because our browser does not understand the address.

Image4: .eth.limo is a .eth address with a DNS lookup support

Try vitalik.eth for example. a regular chrome or safari browser cannot get to it. instead, you need to either : 1) use a specific browser such as brave browser, hence limiting accessibility. or 2) use a DNS adjunct, such as .eth.limo (eg. https://vitalik.eth.limo) which is a fallback to DNS service and can be censored all over again.

A website

Most DNS provider provides have an easy to use method to point your website to a DNS name service. It can be a single click wordpress installer (if you buy a hosting bundle) , a redirect or CNAME records.

The same, however cannot be said for decentralized naming service as intermediate Ethereum related knowledge are needed to connect the host to the domain name. one may argue that IPFS are the more common way of hosting decentralized name service website but even that is not an easy process.

Image5: gas fees at peak hours

The worse can be said about subdomains. Not only the process is lengthy, the gas fee can be absurd at peak time as well. while it is possible to just host a DNS addres on ENS and create subdomains using offchain register (just like how cb.id did), the initial cost is high as well and is not decentralized anyway.

Wallet compatibility and interoperability

Image7: Binance does not support ENS

One of the role of decentralized name service is to replace lengthy long addresses with easier to read names. The question is, how many exchanges actually supports them? Very minimal frankly speaking.

Image8: Poor support for L2 on Trustwallet

While wallet compatibility for ENS are generally okay, it is limited to Ethereum. Support for other non-ENS name service is scarce with only a handful of wallet supporting them. Compatibility for other Ethereum layer 2 is limited and even worse for non-evm blockchain, even when ENS supports their registry.

Reverse name lookup

Image9: Resolved name lookup on Uniswap

Reverse name lookup is the finding of a decentralized name service from a blockchain address. it provides aesthetic benefits when connecting to dapp. Ironically, not all dApp supports it. Even when there is a support, it is not reliable especisally when RPC are congested.

lnaddress and nip-05, the better decentralized naming service

Image10: lnaddress structure

lnaddress (lud16) are naming service on the ligthning network. It is not a service or a governance like the ENS. Rather it is an open protocol that can be adopted by anyone.

Image11: Setting a Nip-05 on getalby.com

Nip-05 is similar in structure to lnaddress, but it is used to map nostr npub addresses instead. Lud16 and nip05 work in such a way that is set onto a DNS name that you own or by someone who provides such service. While it still rely on a DNS, the owner has full control of the name, unlike ENS governance who can still control and revoke your domain name from the registrar due to expiry or governance vote.

Image12: Breez wallet supporting Lud16

Due to its open protocol nature, wallet support is almost seamless, with both custodial and self-custodial wallets like Breez supporting them.

Image13: Lud16 is easily intergrated into Nostr

Lud16 are also easily intergrated into Nostr social media, thus, making it easy for payment process (called zapping) and potentially.can be used as a severless blockchainless smart contract-like function.

Image14 : Reverse lookup function

Reverse lookup also works seamlessly with Nostr or any lightning lapp which supports Nip-07 extension. The connectivity is way more stable than a web3 connection on EVM based blockchain.

Because no single entity controls the lud16 or nip05 implementation, it is very much immutable. Anyone or any group of people can set it, can set as much as they like and can even provide mirror lud16 (a lud16 which mirror another lud16 address). future development possibility is endless for these two implementations.

@ 3129509e:c846f506

KILL DAMUS HELLTHREADS

As a user, I want to be able to "Mute Conversation" and not see any reactions, reposts, and/or replies to that conversation. I'd like the option to apply this mute to either the OP or to the note that I'm accessing the "Mute Conversation" feature from. This should apply to my "Notes", "Notes and Replies" and "Notification" feeds. I should have a list of muted conversations similar to my list of muted npubs.

Expires Block 806,000

@ 5ada3677:7c21c9db

中日韓友好交流會的8月例會，挽請顧曉東先生開講《中日電影45年》。看到海報，自己跟自己激情鼓掌了一分鐘，精準精準，顧桑確實是，講這個主題的不二人選。

這個立項和邀請，來自中日韓友好交流會的現任主席傅滔滔。不過呢，等看到當日流程表，我又急出一脊背的細汗來，啊？只給顧桑40分鐘的時間，讓人家講45年中日電影？開啥玩笑啊，一年一分鐘都不到，簡直是不可能完成的任務。

我在一邊急得哇哇叫，顧桑笑淡淡一句意見都沒有，滔滔無法可想，乾脆顧左右而言他。

結果，昨天下午的那個40分鐘，顧桑一個字的講稿都不用，43張PPT，飛流直下三千尺，一氣呵成，講了回腸蕩氣的45年，無一句廢話，無一段疲弱，40分鐘一飛而逝，完整回顧了往昔、點評了目前、展望了未來。那種45年親歷者的沉酣與清醒，不喧嘩，不氣急，不聲嘶力竭，顧桑一派三浦友和式的糯風蕩漾。

中國引進的第一部日本電影，《追捕》，於1978年，也是中國引進的、第一部非社會主義國家的電影，顧桑講到此處，以深厚的男低音啦啦啦了一句，當年人人耳熟能詳的一句啦啦啦，此時此刻，如還魂的神來之筆，集體記憶煥然甦醒。 高倉健出現在中國大銀幕，直至《千里走單騎》，2005年，張藝謀為高倉健特製的劇本。

中日第一部合拍片，1982年的《一盤沒有下完的棋》，趙丹最想演，可惜沒有等到，後來是孫道臨演的，三國連太郎那樣的大牌，嘖嘖嘖嘖。

《生死戀》來了，栗原小卷穿著白色的網球裙，一句"太高了"彷彿來自天堂雲端，白色的網球裙啊，剛剛看完十年樣/板/戲的吾國吾民，下巴都要掉下來了，愛情是那麼美，那麼可靠，那麼不可置信。

《蒲田進行曲》裡的松阪慶子，踏著八/十/年代文藝復興的浪潮，款款向我們走來，如此美人，我們久久久違了。

《雾之旗》《絕唱》《伊豆的舞女》，讓我們看見了山口百惠。

等等，等等。

顧桑的PPT，用了一句簡單的話：那些難忘的日本電影。

同時代的中國電影，亦可歌可泣，《芙蓉鎮》《清涼寺的鐘聲》，讓謝晉和山田洋次兩位大導演，成了莫逆。2007年山田導演來上海，顧桑陪他去謝晉府上做客，聽晚年耳背的謝晉哇啦哇啦，我還有兩部電影要拍。可惜的可惜，次年的2008年，謝晉先生往生。

顧桑的演講好聽，除了他專業上的高度嚴謹紮實，還有他一肚子的細節猛料，隨便抖抖，都是恰到好處的閃閃碎鑽。

比如講到中國名片《那山那狗那人》，日本上映時候，片名翻譯做《山の郵便配達》。這個片子，在神保町，創下過單廳9億日圓的票房記錄。

再比如，顧桑講到曾經一起合作了《燕尾蝶》的導演岩井俊二，當年岩井俊二不過是電影屆的一個小鬼，無錢、無背景、無機會，跟全世界所有的三無年輕人一模一樣。 他拍《情書》時候的種種捉襟見肘，一次一次的難以為繼，如今想來，何等唏噓。整個電影拍攝期間，男女工作人員，統統睡的大通鋪，一個女宿舍，一個男宿舍。 而《情書》，今天是教科書級別的佳作，1000萬投資僅僅，岩井俊二從此亦成為深受投資人喜愛的導演。

演講之後的晚餐，與顧桑並肩，一邊燒鳥一邊聊天，顧桑講給我聽，過幾天要去日本聽演唱會，長渕剛，我的天啊，《乾杯》啊。然後我們又講了一會兒佐田雅志，《風中獅》《關白宣言》《長江》，啊啊啊，這幫老而彌堅的老傢伙。

深夜回家，跟顧桑討他今天演講的PPT，燈下慢慢重溫了一遍，唯一的遺憾，是沒有聽過癮，一隻一肚子好物的八寶鴨子，只吃了兩三寶，還有五六寶根本沒來得及下箸。跟顧桑相約，我們要找時間，重新請顧桑開講，講透、講過癮，才好。

圖是西班牙畫家Sonia Alins Miguel作品

@ 5ada3677:7c21c9db

南潮雅宴的午餐，有江南，有潮粵，輕巧熔於一爐。上海真有本事，納百川不在話下。這一餐，最得人心，是如此烏蘇天氣裡，餐霞飲秀，食得一個清爽飄逸，心神安詳，真真難得。

八個冷碟子，生嗆西施舌，絕不會錯的金牌裡的金牌，妖冶無比味美無比，誰會不愛呢？那種鮮脆甜軟集於一身的欲仙欲死。

啫喱海蜇花醋汁，美美的一朵繽紛，很清涼很討喜，這種精緻，我是很需要和很喜歡的。

撈生是食潮州菜的規定動作，今天拿富山白蝦來撈，軟糯細甜，別具一格。

湯是眉眼。錢塘江的米魚，與當令的雲南鮮菌，堂灼。淡水的米魚，非常細膩滑嫩，濃稠魚湯灼來，鮮得滿地找眉毛。

同桌飯伴食完，感慨道，有了這個錢塘江米魚，可以不想大黃魚了。

我追隨著這個思路想了一會兒，好像從小到大，一直是喜愛小黃魚，遠遠多過大黃魚很多很多。家裡用得最多的快手菜，常常是乾煎小黃魚、清蒸小黃魚，後來還做南蠻小黃魚，跟日本人學的，拿小黃魚平替了他們的竹莢魚。

豆醬沙蔥雪花牛肉，非常fusion的一盤牛肉，蔥香撲鼻，細巧清俊，沒有過多地折磨牛肉，很高級。

油嗆藍貽貝，用的法國貽貝，極鮮極嫩極簡白，滿分。

兩道電飯鍋菜，很懷舊，很紮實，很華夏民族。一道是電飯鍋焗奄仔蟹，還有一道是高壓鍋五花肉燜米飯，一大條兩頭烏五花肉，鍋蓋一掀開，瞬間美好得像過年一樣。米飯燜得纏綿悱惻，五花肉厚切兩片，啊嗚啊嗚，好飯好肉肉。人生至此，不能更滋潤了。

@ 5ada3677:7c21c9db

細細思忖了一下，我於上海往還的潮州友人，彷彿清一色，是男的。潮州女子是不是都在家裡閉起門來、清甜納福？深深羨慕。

想想上海果然是一汪海，出門泛海的，總是男人。

潮府館的主人家黃謙先生招食，黃先生這裡，每次一坐定，必有好茶飲，通常是潮汕獨門的單欉，今晚除了單欉，還有黃先生最近新製的小青柑。2017年的東甲陳皮，匯合了2010年的普洱老金芽。小青柑差不多是茶裡的小甜心，人見人愛，我甚至看見過從來不飲中國茶的洋人，初遇小青柑，都能跌入愛河，粉身碎骨，一邊渴飲一邊沉醉。小青柑甘潤厚樸，無論怎麼泡，都順喉好飲，一點不欺生。單欉相比之下難服侍得多，高華俊秀，又挑水、又挑手勢，沸火滾湯一盅入口，真如一道耿耿清暉，開人心胸。

吃吃茶，吃吃字。潮州菜裡出名的魚飯、白糜，這種古韻盎然的字，實在是美到讓人低迴不已，可惜可嘆的是，今天的人，無論如何，造不出如此古樸蒼秀的字詞來了。
 

黃謙先生在我左肩，娓娓講給我聽，從前糧食短缺，潮州人不得已，向海裡尋口糧，捕到了魚，甲板上支口簡單的鍋，各種漁獲白水裡煮熟，牽根繩子晾起來，可以多食幾日，如此這般，就是魚飯了。黃先生講得清白，聽起來，如一支海風裡的悠悠短笛。

白糜，就是白粥，糜字，亦絕美。潮府館的一碗白糜，是上海灘的一種絕色。不過是水與米的白粥罷了，卻熬得溫潤如玉，是宴席上白牡丹一般的存在，帶一點點竹青色，白粥而有如此厚味，秀、潤、清、雅，一碗俱全，實在是，清福裡的艷福。
 

黃謙先生講給我聽，幼年時候，家裡口多糧少，無法可想，不得不三餐食糜。大鍋煮起的白糜，拿漏勺撈一勺煮爛的米粒，盛一碗，那是給出遠門去讀大學、或者遠赴泰國去做生意的人吃的，難得得不得了。天長地久，潮州人煮白糜煮成了獨步天下。黃先生說，我在上海開潮州菜館，菜單上有白糜，我原來以為不會賣得太好，想不到上海食客很接受，白糜一直是我們深受客人喜歡的一道糧食。然後黃先生講了一句昇華的，我很感謝上海人的海納百川。然後黃先生又講了一句拐彎的：在我們潮州家鄉，我估計上海菜館，或者其他流派的菜館，大概都開不下去的。如此跌宕有致的談話，讓我的心臟很忙碌很奔騰。黃先生說，我們那裡的人，很牛的，一家做菜頭粿的小攤販，一天只做一個半小時，下午三點，賣到四點半，90分鐘賣完就收攤。你跟他說，生意這麼好，你多做一點賣啊；他才不要。你跟他講，你手藝這麼好，到上海來開一家啊；他聽都不聽。
 

一天90分鐘的菜頭粿，綿綿不絕縵縵奈何的鄉土煙火，我是多麼眼熱。我們再也回不去的那些童年點心，一碗縐紗小餛飩，一客酥脆春卷，下午三四點鐘的尋常巷陌，海納百川的上海，早已走樣走得無邊無際。

潮府的晚宴，幽咽迷人的36個月獅頭鵝，陣容繽紛的碳烤大響螺，一道是極香，一道是極鮮，幾乎都是單品的單打獨鬥，潮州菜勝在一個食材的至精至良，手法簡白，大味無味。金不換炒薄殼，那種娟秀溫潤的細肥美，是讓人熱淚盈眶的。黃先生說給我聽，薄殼這個東西，一年裡只有一個月，是最肥美的，眼下差不多就到尾聲了。薄殼於潮州人，有點像大閘蟹於江南人，上海如今蟹宴頻頻不足為奇，我們潮州，也有薄殼宴。我聽得神往不已，如此細肥鮮美之物，做一整席，實在太芳菲了。問黃先生，潮州有沒有古書、古菜譜，寫到這種薄殼宴？黃先生說沒有，我深感惋惜，如果有記錄，那麼，想來一定是韓熙載夜宴圖的潮州版，我師兄陳躍先生亦惋嘆，沒有人整理記錄下來的苦。

潮府館最惹我相思，除了一碗白糜，還有一道珠瓜腩肉，真真俊美極了。主廚陳撲泉師傅說，珠瓜大約是最好的苦瓜了。四指寬的苦瓜，釀了一大切五花腩肉在瓜內，燉得纏綿，端上桌的時候，一派古玉的蒼秀。刀叉切食，清苦得至肥至糯，太高級了。苦得肥糯的口感，殊為罕見，那種渾然天成，實在是優雅得不得了。跟這種亦飄逸亦沉鬱的清苦比，任何直來直去的甜酸苦辣，都蠢笨庸俗得不可言說，絕贊。
 

我也學習黃謙先生，寫一句昇華的，珠瓜腩肉，像極了潮州男人，那種悲欣交集，難以與君說。


當晚的伴飯話題，突然來了一個大轉彎，我們談到了預製菜，如火如荼的預製菜。
 

黃先生平靜講，預製菜是方便麵的升級版罷了，潮府館拒絕預製菜。
 

曹國琪先生鏗鏘，講，一個民族的墮落，是從預製菜開始的。
 

曹先生解釋：把人越搞越聰明，那麼這個民族是有希望的。預製菜把人的嗅覺味覺都搞沒了，把人的辨識能力都搞沒了，是不是問題太大了？
 

據統計，預製菜在目前的餐飲市場上，已經佔到60%了。darling你覺得了嗎？吃一碗大排麵，那個大排是預製菜；吃個蝦餃燒賣炸乳鴿，差不多都是預製菜一二三四五。

預製菜可以有，就像方便麵會永垂不朽。但是至少應該在菜單上明確標示，這是預製菜。這樣，對吃客比較公平，對其他不做預製菜的餐館，也比較公平。darling 儂講呢？

潮府館把拒絕預製菜，寫在餐館門口

文中圖片來自網上

@ c8df6ae8:22293a06

"It is truly heartbreaking to see people in pain, not understanding why everything keeps getting more expensive… not understanding why, no matter how hard they work, they can never seem to get ahead… not understanding why $100 can fill their fridge one year, and barely buy a couple days worth of food the next…"

— Walker

Welcome to the latest issue of the Bitcoin For Families newsletter. This issue is a wake up call for all who are struggling to make ends meet and don't know why.

Do you know anyone who doesn't understand why he/she can't move forward no matter what? Do them a favor and forward them this article.

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The last two weeks have featured many posts on Nostr with videos of people who are desperate; they work hard and yet can barely make ends meet between rent, bills and groceries. Like Walker said, their desperation is heartbreaking and what's even more heartbreaking for me is the fact that they don't understand why.

The fiat experiment that we're living in has turned out to be the biggest transfer of wealth from the low and middle class to the upper class and this same upper class has very cleverly managed to hide it from everyone, blaming this human disaster on anything and everything else except the real culprit.

How do they get away with it? Why is it that most people do not know who is causing their financial misfortune and how?

It's the inflation, stupid

Inflation is the reason why everything is so expensive.

One of my first articles on the Bitcoin for Families newsletter explains how inflation works, why housing is so expensive and why consumer prices only have skyrocketed now.

Check it out to understand why, no matter how hard you try, you can't save for a house, can't afford the rent and things getting more and more expensive.

It's the politicians that keep printing money out of thin air to pay for things that we can't afford.

It all started with Nixon lying

"Your dollar will be worth just as much tomorrow as it is today." — Richard Nixon, 1971

On August 15, 1971 Nixon announced to the American people that he was temporarily suspending the dollar convertibility to gold, effectively starting the experiment of a fiat economy. During his speech, he promised Americans that your dollar will be worth just as much tomorrow as it is today.

Since then, and according to the official figures of the Federal Reserve, the US dollar has lost 87% of its value. One dollar on August 1971 is now worth 13 cents.

Have salaries gone up 87% since? Nooooooooo! But the rich people have gotten richer thanks to the constant printing of money out of thin air.

Nixon sacrificed the future savings of Americans to continue paying for the Vietnam War.

And all presidents since have kept robbing you.

ALL OF THEM.

The media hides the truth

Imagine if, that night, Nixon had announced that we're going to start a new national economy rooted on trusting that the politicians will do the right thing at all times when it comes to how much new money to insert into the economy.

Everyone would had immediately said thanks but no, thanks.

The media is not dumb. It was not dumb then and it is not dumb now. They could have easily called Nixon out. But they didn't. And they continue to hide the truth from the people.

Why? Because the media is owned by the very same people who benefit from the wealth transfer that the fiat economy represents.

Below is a chart from the fantastic website https://wtfhappenedin1971.com/ that shows the extent of the wealth transfer.

Politicians love hating the 1 percenters and constantly talk about how they will end the income inequality, but they NEVER tell you why it is happening. Why is that?

They don't want you to know. That's why inflation is not taught at school. That's why the concept of money, and how it works, is not taught at school.

And that is why the media tries very hard to blame inflation on anything else but the real culprits:

https://www.theguardian.com/commentisfree/2021/nov/11/us-inflation-market-power-america-antitrust-robert-reich

https://www.cnn.com/2022/02/24/business/inflation-russia-ukraine-explainer/index.html

This article on CNN takes the crown: inflation is actually good for you 👏👏👏 https://www.cnn.com/2021/12/01/economy/inflation-good-bad-winners-losers/index.html

Educate yourself about inflation

This speech by Nobel Laureate Milton Friedman explains inflation in a very accessible way. He even predicts the headlines that I pointed out above.

Learn Bitcoin

Now you know what is pushing you down. It's the politicians that keep printing money out of thin air to pay for things that we can't afford.

What can you do? How do you protect your savings? The answer is Bitcoin.

You can start learning about Bitcoin.

Go to my archive of newsletters: https://newsletter.bitcoinforfamilies.com. And here are some interesting books to check out:

| | | | | --- | --- | --- | | | | |

And to continuously learn more about Bitcoin, join Nostr and follow some Bitcoiners there.

Here is a note to get you started:

nostr:note1k4vplcen8cp4eymhrmyqd098n38gpyx3p386hh436u29d245dpfs7lqfgg

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Notable notes

nostr:note1acs4az86duj2yf9zrjgjsg7j6mwuadvmh05zazyvddxv20t4p7gqmkmmw0

nostr:note17lt0essdq7yzp4kgwyfq6j92axty5hrmzqswaea75vqzy6aja25q23jz86

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Recommendations

Walker

Walker is a brilliant educator and the creator of the Nostrich logo for Nostr.

You can follow him here.

Bitcoin Breakdown

Bitcoin Breakdown gives you the TLDR summaries of the biggest events in Bitcoin. It's a very effective way to stay up to date with the industry.

Check it out here.

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What did you think of today's newsletter?

Your feedback helps me create the best newsletter possible for you.

Please leave a comment and checkout comments from other subscribers and readers. I love hearing from the Bitcoin For Families community ❤️ 🙏🏻

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Buy Bitcoin with Swan

If you want to buy Bitcoin, I highly recommend using Swan. It's where I buy my Bitcoin.

They are on a mission to onboard 10 million bitcoiners and get them to self-custody.

Use this link to receive $10 free to get you started.

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See you again next week! — Alejandro

This newsletter is for educational purposes. It does not represent financial advice. Do your own research before buying Bitcoin.

@ d030bd23:96435da9

Introduction

Bitcoin is a blockchain technology which has been running since 2009. Ever since Satoshi Nakamoto has left the project, the Bitcoin blockchain has been running stable without a single episode of failure. However, changes are needed for various reasons; to reduce transaction costs or to add functionality to the blockchain. These changes, nevertheless should not compromise users who prefer to use the original blockchain. As a win-win solution, soft-forks are implemented. soft-forks are bitcoin improvement that is activated as an opt-in; should the user or client choose to accept it, it will bring extra functionality to them. here we will explore how these soft-forks impacted the address design of your Bitcoin wallet.

1. Legacy address

Legacy address are the original Bitcoin address. the address starts with "1" as shown below:

1JQe8QcouwvqBD3KBfXsGXeUHV1Aw9ddp8

these address has no added functionality and transaction using this address cost the most transaction fee.

2. Pay to script hash (P2SH) address

These kind of address has scripts that specify certain transactional condition, which could include a segwit functionality. it starts with a "3" such as:

34BYTiqoTunKEjNoPLjMYCk6WPNvUy4khV

transaction on this address is 26% cheaper than legacy address.

3. Segwit address

segwit is a block rearrangement mechanism whereby the signature is collected and combined outside of the blockchain. This not only obsfucate the transaction, it also make the transaction more compact, reducing transactional cost altogether

Image1: Segwit moves the signature to one end, improving transaction size

a segwit address starts with a "bc1q" such as :

bc1qav04kv6k2dq8whxw9zyf5zw3c8ecyhrk6rf2yw

a transaction using segwit addresses are 38% cheaper than a legacy address transaction.

4. Taproot address

Taproot is a technology that allows batching of multiple signatures and transactions together, making it easier and faster to verify transactions on Bitcoin's network. Not only transaction will be cheaper, it also allow the attachment of additional data. such innovation has allowed the birth of several innovations, such as the ordinals. A taproot address starts with a "bc1p" such as :

bc1pmzfrwwndsqmk5yh69yjr5lfgfg4ev8c0tsc06e

their transaction fee cost is similar to segwit, though their functionality differs. however, the support for taproot addresses are currently still limited.

@ 80ee8a95:b2862d2e

I am one of the many victims of the BlockFi bankruptcy, a flow on effect from the FTX crash. Yes, laugh as you will! “Not your keys, not your Bitcoin”. I’ve always known this, but I was too complacent and lazy to move it out.

One reason was that I could never find a wallet I really liked, and that I could feel I could trust. So I decided to build my own: Beme. Once finished, this wallet will be open-sourced. The things I am trying to achieve with my wallet are things that I felt no other mobile wallet really got right:

• Ability to make multiple wallets in the single app, including single-key Bitcoin, multi-sig Bitcoin, and lightning

• Ability to send funds between my own wallets without having to copy QR codes or BTC addresses

• Ability to send funds to other wallets without having to copy QR codes or BTC addresses

• Ability to message users I have sent funds to

• Ability to track the BTC price and the value of my wallet

• Ability to track my transactions, attach descriptions and download a CSV of all transactions

• Ability to create a non-custodial lightning wallet without having to run a node

I’ve explored countless wallets, some of which achieve some of the above but none that get close to all. In my experience, some outstanding wallets include Blue wallet, Wallet of Satoshi, Samourai wallet and Mutiny. Before I get into my DevX experiences, I need to give a particular shoutout the open-sourced Blue Wallet, without which I would never had made such progress.

Beme Architecture

Beme wallet architecture: Beme is a bitcoin/lightning wallet that allows users to create multiple wallets. It is powed via nostr to allow simple P2P payments and messages.

The wallet does not require any KYC or any user information. Beme allows you to create three types of wallets: Beme Bitcoin wallet, Beme multi-sig wallet, and Lightning Beme wallet. You can only create one lightning wallet and as many Bitcoin wallets as you need. The Bitcoin wallet is created and stored on the phone. The wallet is encrypted and stored using react-native-async-storage. Accessing the wallet data requires biometrics to unlock the wallet and access the seed-phrase.

The lightning and Beme Bitcoin wallets can be connected to Nostr to enable easy P2P payments. To keep the Beme multi-sig wallet more secure, this wallet does not allow connection via Nostr to other users.

The Beme API is used to control the lightning wallet, improve the speed of Nostr queries, and to collect basic de-identified usage information.

Technologies

To create Beme, I have explored the following technologies:

• Cloud: AWS & Google cloud

• Messaging: Nostr & cloud API

• Mobile: React-native & expo

• React Libraries:

  • Bitcoin: BitcoinJs Lib
  • Lightning: LN-Zap, LND, LNDHub (blue wallet), Greenlight (Blockstream), blixt

From a DevX point of view, the best technology to use has been Nostr. It is truly plug-and-play and extremely powerful. Its ease of use has enabled rapid development around the communications side of the app. Prior to Nostr, I explored doing something similar on google cloud, but Nostr worked out of the box and achieved all that I needed.

I had already used BitcoinJs in a previous react web-app project so I naturally chose it for this project. However, it was far more challenging with react-native compared to web. My first version of the app was created using expo which is not supported by BitcoinJS. So I re-wrote the app in plain react-native to get it working. A further challenge has been navigating library versions that work properly together. The biggest challenges have been: - react-native: currently v0.71.8 - react-native-reanimated: currently v3.0.0 - react-native-crypto: currently v2.1.0 - tiny-secp256k1: currently v1.1.6

I attempted to use react-native turbo modules which required upgrading react-native-reanimated, react-native and various other libs. However, I could not get it to work properly with react-native-crypto and tiny-secp256k1. I attempted to get it working by applying a patch package to various libs within tiny-secp256k1 — but in the end I was patching so much that it felt easier to write a whole new package. I have not ended up upgrading.

The most difficult technology to use, by far, has been lightning. From a devX point of view, this has been the most painful. This is partly the reason I explored so many options. If you are going to work with lightning, I can recommend you do not waste time with the following:

• LN-Zap: the library was out-dated compared to LND and I could not get it to work properly on testnet.

• blixt: This was very complicated and, while I could get it to run, it was buggy and difficult to debug.

Greenlight has the potential to be extremely powerful, but it is still very early. I have joined their testing platform which works well in python, but their JS implementation does not yet work. If you attempt Greenlight, I recommend using their rust/python framework.

I ended up going with LND (lightning labs) combined with LNDHub to communicate with the wallet. LND was challenging to set up and to understand what was really going on under the hood. I also think it is overly bloated for what I am trying to do.

LNDHub was relatively easy to set up and makes communication to the LND node much simpler. I highly recommend coupling an LND node with LNDHub.

Cloud

Beme allows you to create a lightning wallet in the cloud. The current implementation uses Google cloud for the API and AWS for hosting the lightning nodes. Breaking it up between two cloud providers has been mainly driven by cost; Google cloud is free for a small number of monthly active users, and AWS provides free t2.micro instances for 1 year. Eventually, the idea will be to consolidate to a single cloud provider.

Communications between the wallet and the cloud is facilitated via the Beme API. This architecture means the lightning wallet only needs a single IP address open (the API server), providing a far more secure system. Each lightning wallet is run in a docker container on AWS. The API facilitates the creation of a wallet and the communications to control the wallet. Users can retrieve their keys at any time and optionally choose to run their wallet themselves.

Tradeoffs

There are a few tradeoffs from using Beme that users should be aware of:

1. A mobile wallet will always be less secure than a hardware wallet. The tradeoff here is between UX and security. I would not recommend users to keep their life-savings on Beme. Instead consider using a hardware wallet for large amounts and Beme to simplify the use of regular payments.

2. The lightning implementation on the cloud is costly to run. In order to provide the lightning wallets to users for free, all lightning wallets created through Beme are routed through the Beme lightning node. This means that Beme can always collect a routing fee which offsets the cloud costs.

3. Nostr is a powerful protocol. The advantage of using it is that users own their data and they can always access it by deriving it from their seed-phrase. The downside is that it is still a slow protocol compared to a cloud API, and is sometimes inconsistent with the messages it retrieves. I’ve run experiments where every now and again, messages are dropped for an unknown reason. Nostr has also made it difficult to optimise the app for speed. I’ve had to store a lot more data locally rather than fetch it as required due to its slow speed.

And thats it! I hope you have found this exploration of technologies useful. I hope you find the wallet useful once it is released.

Bitcoin Beme

Liked this article? help support more bitcoin: bc1q880n3vjzqa054xr6hwcx7756873z47kcqr052s ln-url: ourbean71@walletofsatoshi.com

@ 80ee8a95:b2862d2e

I am one of the many victims of the BlockFi bankruptcy, a flow on effect from the FTX crash. Yes, laugh as you will! “Not your keys, not your Bitcoin”. I’ve always known this, but I was too complacent and lazy to move it out.

One reason was that I could never find a wallet I really liked, and that I could feel I could trust. So I decided to build my own: Beme. Once finished, this wallet will be open-sourced. The things I am trying to achieve with my wallet are things that I felt no other mobile wallet really got right:

• Ability to make multiple wallets in the single app, including single-key Bitcoin, multi-sig Bitcoin, and lightning

• Ability to send funds between my own wallets without having to copy QR codes or BTC addresses

• Ability to send funds to other wallets without having to copy QR codes or BTC addresses

• Ability to message users I have sent funds to

• Ability to track the BTC price and the value of my wallet

• Ability to track my transactions, attach descriptions and download a CSV of all transactions

• Ability to create a non-custodial lightning wallet without having to run a node

I’ve explored countless wallets, some of which achieve some of the above but none that get close to all. In my experience, some outstanding wallets include Blue wallet, Wallet of Satoshi, Samourai wallet and Mutiny. Before I get into my DevX experiences, I need to give a particular shoutout the open-sourced Blue Wallet, without which I would never had made such progress.

Beme Architecture

Beme wallet architecture: Beme is a bitcoin/lightning wallet that allows users to create multiple wallets. It is powed via nostr to allow simple P2P payments and messages.

The wallet does not require any KYC or any user information. Beme allows you to create three types of wallets: Beme Bitcoin wallet, Beme multi-sig wallet, and Lightning Beme wallet. You can only create one lightning wallet and as many Bitcoin wallets as you need. The Bitcoin wallet is created and stored on the phone. The wallet is encrypted and stored using react-native-async-storage. Accessing the wallet data requires biometrics to unlock the wallet and access the seed-phrase.

The lightning and Beme Bitcoin wallets can be connected to Nostr to enable easy P2P payments. To keep the Beme multi-sig wallet more secure, this wallet does not allow connection via Nostr to other users.

The Beme API is used to control the lightning wallet, improve the speed of Nostr queries, and to collect basic de-identified usage information.

Technologies

To create Beme, I have explored the following technologies:

• Cloud: AWS & Google cloud

• Messaging: Nostr & cloud API

• Mobile: React-native & expo

• React Libraries:

  • Bitcoin: BitcoinJs Lib
  • Lightning: LN-Zap, LND, LNDHub (blue wallet), Greenlight (Blockstream), blixt

From a DevX point of view, the best technology to use has been Nostr. It is truly plug-and-play and extremely powerful. Its ease of use has enabled rapid development around the communications side of the app. Prior to Nostr, I explored doing something similar on google cloud, but Nostr worked out of the box and achieved all that I needed.

I had already used BitcoinJs in a previous react web-app project so I naturally chose it for this project. However, it was far more challenging with react-native compared to web. My first version of the app was created using expo which is not supported by BitcoinJS. So I re-wrote the app in plain react-native to get it working. A further challenge has been navigating library versions that work properly together. The biggest challenges have been: - react-native: currently v0.71.8 - react-native-reanimated: currently v3.0.0 - react-native-crypto: currently v2.1.0 - tiny-secp256k1: currently v1.1.6

I attempted to use react-native turbo modules which required upgrading react-native-reanimated, react-native and various other libs. However, I could not get it to work properly with react-native-crypto and tiny-secp256k1. I attempted to get it working by applying a patch package to various libs within tiny-secp256k1 — but in the end I was patching so much that it felt easier to write a whole new package. I have not ended up upgrading.

The most difficult technology to use, by far, has been lightning. From a devX point of view, this has been the most painful. This is partly the reason I explored so many options. If you are going to work with lightning, I can recommend you do not waste time with the following:

• LN-Zap: the library was out-dated compared to LND and I could not get it to work properly on testnet.

• blixt: This was very complicated and, while I could get it to run, it was buggy and difficult to debug.

Greenlight has the potential to be extremely powerful, but it is still very early. I have joined their testing platform which works well in python, but their JS implementation does not yet work. If you attempt Greenlight, I recommend using their rust/python framework.

I ended up going with LND (lightning labs) combined with LNDHub to communicate with the wallet. LND was challenging to set up and to understand what was really going on under the hood. I also think it is overly bloated for what I am trying to do.

LNDHub was relatively easy to set up and makes communication to the LND node much simpler. I highly recommend coupling an LND node with LNDHub.

Cloud

Beme allows you to create a lightning wallet in the cloud. The current implementation uses Google cloud for the API and AWS for hosting the lightning nodes. Breaking it up between two cloud providers has been mainly driven by cost; Google cloud is free for a small number of monthly active users, and AWS provides free t2.micro instances for 1 year. Eventually, the idea will be to consolidate to a single cloud provider.

Communications between the wallet and the cloud is facilitated via the Beme API. This architecture means the lightning wallet only needs a single IP address open (the API server), providing a far more secure system. Each lightning wallet is run in a docker container on AWS. The API facilitates the creation of a wallet and the communications to control the wallet. Users can retrieve their keys at any time and optionally choose to run their wallet themselves.

Tradeoffs

There are a few tradeoffs from using Beme that users should be aware of:

1. A mobile wallet will always be less secure than a hardware wallet. The tradeoff here is between UX and security. I would not recommend users to keep their life-savings on Beme. Instead consider using a hardware wallet for large amounts and Beme to simplify the use of regular payments.

2. The lightning implementation on the cloud is costly to run. In order to provide the lightning wallets to users for free, all lightning wallets created through Beme are routed through the Beme lightning node. This means that Beme can always collect a routing fee which offsets the cloud costs.

3. Nostr is a powerful protocol. The advantage of using it is that users own their data and they can always access it by deriving it from their seed-phrase. The downside is that it is still a slow protocol compared to a cloud API, and is sometimes inconsistent with the messages it retrieves. I’ve run experiments where every now and again, messages are dropped for an unknown reason. Nostr has also made it difficult to optimise the app for speed. I’ve had to store a lot more data locally rather than fetch it as required due to its slow speed.

And thats it! I hope you have found this exploration of technologies useful. I hope you find the wallet useful once it is released.

Bitcoin Beme

Liked this article? help support more bitcoin: bc1q880n3vjzqa054xr6hwcx7756873z47kcqr052s ln-url: ourbean71@walletofsatoshi.com

@ 9ecbb0e7:06ab7c09

La Seguridad del Estado arrestó a Sergio Pérez Amigo, uno de los cubanos repatriados por el gobierno de Estados Unidos en julio pasado. La arbitraria detención ocurrió a las 3:30 p.m. de ayer jueves, luego de que el hombre y su primo abandonaran la sede del grupo opositor Damas de Blanco.

Berta Soler, líder de dicha organización, confirmó en Facebook el arresto, mencionando que ambos fueron movilizados a la unidad policial de Aguilera, donde oficiales de la policía política del régimen procedieron a interrogarlos y emitir diversas advertencias.

Este hecho causó indignación entre los internautas que dan seguimiento a los reportes de la líder de las Damas de Blanco. En los comentarios, se exigió la liberación de los dos arrestados y también recriminaron la actitud represiva del gobierno cubano.

Pérez Amigo fue partes de los 33 cubanos devueltos a la Isla a través del cuarto vuelo de deportación autorizado por el gobierno de EEUU. Estos trayectos se reanudaron tras unos acuerdos establecidos entre La Habana y Washington.

El cubano había arribado a EEUU hace cuatro años. Tras perder su caso de asilo, recibió la orden de deportación mediante el formulario I-220B, que no se hizo efectiva de manera inmediata por encontrarse suspendidos dichos vuelos.

El antillano relató que todos los deportados fueron conducidos esposados al avión, donde no tenían permiso para levantar las cortinas de las ventanillas. Al arribar a la capital cubana, fueron recibidos por agentes del Ministerio del Interior (Minint).

La repatriación de Pérez Amigo causó indignación en la comunidad cubana, debido a que fue separado de su hijo de 10 años, quien se quedó en el país norteamericano. “El momento más duro de mi vida ha sido este, separarme así de mi familia, de mi niño”, expresó el progenitor al ser entrevistado vía telefónica por Telemundo 51.

En sus declaraciones al canal estadounidense, también mencionó: “Cuando estaba hablando con él, me dijo: ‘papi, tú no te vas a ir para ningún lado’, y la verdad que es duro, todo el que sea padre sabe lo que eso significa, que tu hijo te diga eso con esas palabras y a los diez minutos te recojan y te lleven para una celda sin decirte nada, sin darte un papel, sin una explicación, como si tú fueras un número”.

La administración de Joe Biden ha realizado cinco vuelos de deportación desde el mes de abril para devolver a la Mayor de las Antillas unos 287 cubanos que ingresaron de manera irregular a EEUU.

@ 9ecbb0e7:06ab7c09

Un adolescente cubano de tan solo 14 años perdió la vida de manera violenta en medio de una fiesta que se realizaba en el reparto Poey, del municipio habanero Arroyo Naranjo, según diversas fuentes en redes sociales.

El joven, identificado con el nombre de Antoni, fue víctima de una pelea que se desencadenó en horas de la madrugada de este viernes. Los detalles del lamentable hecho aún no se encuentran claros.

En Facebook se publicaron emotivos mensajes y condolencias a los familiares del menor. Algunos usuarios dieron a entender en sus escritos que el joven se encontraba vinculado con compañías peligrosas.

“Mi primer ahijado, cuánto siento esta partida mi niño transparente, fue algo insuperable, solo sé yo y el mundo que fue a traición porque de frente no hay quien te gane. Serás el menor que pondrá a Poey de luto” , dijo la madrina, identificada como Alianna Cárdenas.

Otro conocido de la víctima expresó: “Mi niño, asere, mil veces hablé contigo. Te dije de ese ambiente, yo prometo siempre recordarte como el mejor menor de Poey”.

En los comentarios, un usuario llamado Jaime Morón dio un mensaje importante a los padres de adolescentes en la Isla. “En paz descanse, no es el momento para culpar a nadie por su partida, solo quiero decir algo, los padres tenemos que chequear bien de cerca con quién se reúnen nuestros hijos”, manifestó.

Cuba ha estado lidiando con un incremento en los índices de criminalidad en los últimos tiempos, y este incidente ha encendido las alarmas en una comunidad que anhela un entorno seguro.

Según la organización no gubernamental Observatorio Cubano de Auditoría Ciudadana, la nación caribeña registró 33 asesinatos en el primer trimestre del año; y en el segundo, esta cifra tuvo un aumento del 43%. Este acto delictivo, junto con los robos, se detectaron en gran medida en las provincias de La Habana, Villa Clara y Guantánamo.

La organización precisó que las estadísticas oficiales pueden no reflejar la magnitud real del problema, debido a la falta de transparencia gubernamental y la reticencia a denunciar crímenes.

@ 9ecbb0e7:06ab7c09

La Fiscalía cubana ha solicitado una condena de cuatro años de prisión para la activista Aniette González, acusada de “ultraje a los símbolos patrios” por retratarse arropada con una bandera. La artista de 43 años, fue detenida el 23 de marzo en la provincia de Camagüey, tras compartir en sus redes sociales fotografías de su cuerpo cubierto con la enseña nacional.

El periodista independiente José Luis Tan Estrada reveló que González le contactó desde la cárcel de mujeres Kilo 5 en Camagüey, donde se encuentra recluida la opositora, que solo “se tomó una foto con la bandera cubana”, que es “de todos”.

Tras su arresto en el mes de marzo, González pasó varios días retenida por la Seguridad del Estado de Camagüey y sin que se le presentarán cargos formales, pero luego la policía notificó a su familia de que sería sometida a un juicio por las fotografías que compartió en línea y que forman parte de una performance artístico en la que González posa con la bandera cubana cubriendo su cuerpo, uniéndose así a la campaña opositora La bandera es de todos, en solidaridad con el artista Luis Manuel Otero Alcántara.

Precisamente Otero Alcántara, realizó en 2019 la obra Drapeau, donde utilizó la bandera como símbolo de la población cubana y por lo cual enfrentó represión por parte del régimen. Aunque fue liberado tras denuncias de defensores de derechos humanos, el artista fue arrestado nuevamente en julio de 2021 antes de las protestas que estallaron en la Isla. En junio de 2022, finalmente, fue condenado a cinco años de prisión por un Tribunal Municipal Popular de Centro Habana.

@ 7d4417d5:3eaf36d4

I'm learning as I go, so take the text below for what it is: my notes on the process. These steps could become outdated quickly, and I may have some wrong assumptions at places. Either way, I have had success, and would like to share my experience for anyone new to the process. If I have made any errors, please reply with corrections so that others may avoid potential pitfalls.

!!! If you have "KYC Bitcoin", keep it in separate wallets from your "Anonymous Bitcoin". Any Anonymous Bitcoin in a wallet with KYC Bitcoin becomes 100% KYC Bitcoin.

!!! It took me several days to get all the right pieces set up before I could even start an exchange with someone.

!!! Using a VPN is highly recommended. If you're not already using one, take the time to find one that suits you and get it running.

!!! If you don't normally buy Amazon Gift Cards, start doing so now, and just send them to yourself, or friends that will give you cash in return, etc. For my first trade, Amazon locked me out of my account for about 22 hours, while I was in the middle of an exchange. All because I had never purchased an Amazon Gift Card before. It was quite nerve wracking. My second trade was for $300, and although my Amazon account wasn't shut down, that order had a status of "Sending" for about 22 hours, due to the large amount. In each of these cases I had multiple phone calls with their customer support, all of whom gave me false expectations. Had I already been sending gift cards to the anonymous email address that I created in the steps below, and maybe other anonymous email addresses that I could make, then I might not have been stalled so much.

---

1. Install Tor Browser for your OS. The RoboSats.com website issues a warning if you are not using Tor Browser. If you don't know what Tor is, I won't explain it all here, but trust me, it's cool and helps keep you anonymous. If you use Firefox, the interface will look very familiar to you.

2. Create a KYC-free e-mail address. I used tutanota.com in Firefox, as it would not allow me to create an account using Tor Browser. After the account was created, using Tor Browser to login, check emails, etc. has been working perfectly. Tutanota requires a 48 hour (or less) waiting period to prevent bots from using their system. You'll be able to login, and even draft an email, but you won't be able to send. After you've been approved, you should be able to login and send an email to your new address. It should show up in your Inbox almost instantly if it's working.

3. Have, or create, at least one Lightning wallet that is compatible with RoboSats.com and has no KYC Bitcoin in it. The RoboSats website has a compatibility chart available to find the best wallet for you. During an exchange on RoboSats, you will need to put up an escrow payment, or bond, in Satoshis. This amount is usually 3% of the total amount being exchanged. If the exchange is successful, the bond payment is canceled, leaving that amount in your wallet untouched, and with no record of it having been used as escrow. If you don't hold up your end of the trade, the bond amount will be transfered from your wallet. I created a wallet, using my new email address, with the Alby extension in the Tor Browser. This anonymous wallet was empty, so I used a separate wallet for the bond payment of my first trade. This wallet had KYC Bitcoin, but since it is being used for a bond payment, and no transaction will be recorded if everything goes okay, I don't mind taking the minuscule risk. After the first trade, I don't need to use the "KYC wallet", and I will use only my anonymous Lightning wallet for transactions related to performing a trade.

4. Create a new Robot Token by going to RoboSats using the Tor Browser. Copy the Token (Robot ID) to a text file as a temporary backup. It is recommended to create a new robot-token for every session of exchanges you make.

5. Select "Offers" to browse what others are presenting. "Create" is for when you want to create an offer of your own. You may need to create your own offer if none of the existing offers match your criteria.

6. Select "Buy" at the top of the page.

7. Select your currency (USD).

8. Select your payment methods by typing "amazon" and selecting (Amazon Gift Card). Repeat this process and select (Amazon USA Gift Card).

9. Determine Priorities - If you prefer to trade quickly, and don't care as much about premiums, look for users with a green dot on the upper-right of their robot icon. If you're not in a hurry, sort users by premium and select the best deal, even if they are inactive. They may become active once they are notified that their offer has activity from you.

10. The Definition of Price = the price with the premium added, but not the bond

11. A. Find A Compatible Offer - Select the row of the desired offer and enter the amount you would like to buy. i.e. $100 If you do not find a compatible offer, you will have to create your own offer.

    B.  **Create An Offer** - First, take a look at "Sell" offers for your same currency and payment method(s) that you will be using.  Take note of the premium those buyers are willing to pay.  If your premium is drastically less than theirs, your offer may get ignored.  Select "Create" at the bottom of the screen.  There is a slider at the top of the screen, select it to see all the options. Select "Buy". Enter the minimum and maximum amount that you wish to spend.  Type "amazon" to select the methods that you would like to use (Amazon Gift Card, Amazon USA Gift Card).  For "Premium Over Market", enter an amount that is competitive with premiums you saw at the start of this step and do not use the % sign!  You can adjust the duration, timer, and bond amount, but I leave those at their default settings.  Select the "Create Order" button, and follow the instructions for making a bond payment.
    

12. Pay the Bond - Copy the invoice that is presented. From your wallet that contains bond funds, select "Send", and paste the invoice as the recipient. This money will never leave your account if the exchange completes without issue. No transaction will be recorded. If there is a complication with the exchange, it is possible that this transaction will complete.

13. Create and Submit Your Invoice for Their Bitcoin Payment To You - Select "Lightning", if not selected by default.* Select the Copy Icon to copy the correct amount of Satoshis. This amount already has the premium deducted. From your anonymous Lightning Wallet, select "Receive", and paste the Satoshi amount. If you enter a description, it's probably best to keep it cryptic. Copy the invoice and paste it into RoboSats; then select "Submit".

    * If you plan on "mixing" your Bitcoin after purchase, it may be better to select "On Chain" and pay the necessary fees swap and mining fees. In the example this comes from, Sparrow wallet is used and has whirlpool ability in its interface.

14. Connect With Seller and Send Funds - Greet the seller in the chat window. The seller has now provided RoboSats with the Bitcoin to transfer to you. Your move is to buy an Amazon eGift Card for the amount of the trade. Log in to your Amazon account and start the process of buying an eGift card. For delivery there is the option of email or txt message. Ask the seller what their preference is, and get their address, or phone number, to enter into Amazon's form. Complete the purchase process on Amazon, and check the status of your order. Once you see the status of "Sent", go back to RoboSats in your Tor Browser.

15. Confirm Your Payment - Select the "Confirm ___ USD Sent" button and notify the seller to check their e-mail/txt messages.

16. Seller Confirmation - Once the seller select their "Confirm" button, the trade will immediately end with a confirmation screen.

17. Verify - If you check the anonymous wallet, the new amount should be presented.

@ 80ee8a95:b2862d2e

In a prosperous nation like Australia, the issues that Bitcoin aim to solve are far less perceivable compared to other poorer or authoritarian nations. Bitcoin’s value proposition is less relatable because we have access to banks, our economies are generally tolerable, and everything to some degree just works.

Conversations about Bitcoin in the workplace or among friends and family can be difficult. You may often be dismissed, called names (mine is “future boy”), or perceived as someone belonging to a cult. And people will bring up the common arguments against Bitcoin purported by the media: 1) it uses to much energy, 2) it is volatile, 3) it encourages criminal activity like the silk road, 4) it is a Ponzi scheme, 5) its an intangible asset, and 6) its a speculative and immature technology.

Here I will offer some tips I have learnt when talking to people about Bitcoin. My frame of reference is as a Bitcoiner living in Australia, but I think my experience may translate to other developed nations.

Tip 1: Never try convince someone they should buy Bitcoin.

My first tip is to never try convince people to buy Bitcoin, but instead, teach them about Bitcoin and guide them towards sources where they can learn more themselves. The value proposition behind Bitcoin is difficult to understand and people shouldn’t necessarily hold any before they understand the risks and benefits behind the technology.

In my mind, the most important part of a person’s orange pilling is the will and interest to find out more themselves, and make their own decision to buy some.

So your primary aim should be just to find a way to make them interested enough to seek out more information. Here is my shortlist of books, podcasts, and other valuable sources I use when pointing people to find out more.

Tip 2: Bitcoin is an inclusive technology.

One major problem I see with the Bitcoin community is that Bitcoiners set up walls where you are either enlightened Bitcoiner, or you are a “normie”. For someone seeking to find out more about Bitcoin, the community can appear cultish, and being referred to as a “normie” or other names creates an exclusive environment that can dissuade people from finding out more. Everyone will have their own path of discovery as most of us did. Help others find Bitcoin by making the community inclusive.

Tip 3: Be prepared to combat common misconceptions or misunderstandings

1. Bitcoin uses more energy than some country in Europe

This is probably the most common argument I hear. But as you will see, the real question here is not about the absolute amount of energy use, but a person’s perception of the value per unit energy that it delivers.

The adoption of any new technology that advances society has required energy. This energy consumption is often intense at the beginning and becomes more efficient as the technology develops and drives further investment. Bitcoin miners are the primary consumers of energy in the technology. Most people don’t actually understand why Bitcoin consumes energy — Bitcoin consumes energy to cryptographically protect the value contained within the network. However, inherent to Bitcoin is an economic incentive to reduce energy costs and maximise profits. Miner’s therefore naturally seek out more efficient technologies and cheaper sources of energy.

Over a 5 year period from 2018 to 2023, the energy required per terrahash (energy per unit work) declined by 63%. It is also useful to highlight novel ways in which Bitcoin miners are consuming wasted energy or using renewable sources, such as Iris energy, or Gridless. These and other companies are investing into renewable energy sources. Current estimates of Bitcoin’s renewable energy usage is between 25% and 50%.

In 2016 the power consumption of data centres was estimated to be 200 TWh/y. By comparison, Bitcoin consumes between 75.4 TWh/y and 122 TWh/y. The traditional financial system is estimated to consume 5,000 TWh/y which pales to Bitcoin’s consumption. This is not to say we should be complacent about Bitcoin’s energy use; these are all staggering amounts of energy consumption! But in most people’s mind, the value of data centres and the legacy financial system seems so obvious that they wouldn’t question its energy usage. So the real question should not be about the absolute value of power consumption, but rather whether Bitcoin provides the same global value per unit energy consumed.

Framing the energy argument in terms of the value per unit energy should help to open a discussion on Bitcoin’s value proposition.

2. Bitcoin is volatile

Yes, Bitcoin is volatile! But why is this bad? Most people making this claim are comparing Bitcoin to holding shares in some big tech company. Bitcoin is not a company! Comparing it to a company means you haven’t understood the Bitcoin’s true value proposition of it becoming the hardest form of money. Furthermore, despite its current volatility, Bitcoin continues to outperform most stocks and gold.

Bitcoin is a truly free market asset, unlike other forms of investment influenced by capital controls which act to dampen volatility. Bitcoin’s adoption still sits below 5% globally. As adoption increases, its price will continue to stabilise as it has been over the past decade (see figure below).

Bitcoin price volatility index (source: https://buybitcoinworldwide.com/volatility-index/)

Volatility will continue to be a feature of Bitcoin in the near future. But this is not necessarily bad. Investment into Bitcoin, like any asset, should be taken with consideration of a person’s financial position and their ability to weather this volatility.

3. Bitcoin facilitates illicit activity and the anonymity of the criminals.

There is no escaping the fact that to some degree Bitcoin has facilitated the exchange of drugs and other illicit activity. However, Bitcoin offers a level of traceability that hasn’t existed previously with cash. Bitcoin is not anonymous, it is pseudonymous. It depends on a public ledger that facilitates the tracking funds, and KYC (Know-Your-Customer) on/off ramps that help link transactions back to individuals. This tracking has led to the downfall of the silk road and several associated criminals since. Law enforcement and journalists are constantly coming up with tools to track the the movement of cryptocurrencies used in illicit activity.

Bitcoin is a neutral technology. Blaming Bitcoin for the drug problem is as silly as blaming the internet, the postage service that sends a large portion of drugs, or cars that drive them from location to location. It will never be escape the fact that some people will use it for illegal activity, as people have and will continue to do with any form of money.

4. Bitcoin is a Ponzi scheme.

Many other cryptocurrencies which are actual Ponzi schemes have given people a negative impression of Bitcoin. I once had a family member, who knew about my great interest in Bitcoin gleefully exclaim “Hey did you hear!? Bitcoin is dead!” She was referring to the news about the downfall of OneCoin. This comment made me realise how important it is to help people understand the fundamental difference between a decentralised Bitcoin and a centralised crypto Ponzi.

In simple terms, Bitcoin being decentralised means there is no single entity in charge or profiting from the value of Bitcoin, nor are there profits derived from getting people into Bitcoin.

A follow-on comment I often get is that early adopters cause an imbalance in the distribution of wealth. This is currently true. It is estimated that 0.01% of addresses hold 58% of all Bitcoin. But we currently live in a world of rapidly rising inequality and a financial system that promotes the financial privileged. Over the past 40 years, the top 1% of income earners has seen their share increase from about 11% to almost 20% in the USA (see figure below).

Total share of income of the top 1% of earners (source: https://wid.world/)

You can research into the effects leading to inequality and you will read very contradictory arguments from both sides of the Bitcoin camp. So I’m not going to argue that Bitcoin solves the problem of wealth inequality; that is yet to be seen. But the growing digitisation of financial services is already creating a positive effect in reducing wealth inequality around the world. One of Bitcoins main benefits is that it promotes financial inclusion, which I believe can only result in a positive outcome for reducing inequality.

5. Bitcoin is an intangible asset

I once tried to explain to a family member the link between physical gold and Bitcoin. I used the analogy that energy is trapped in physical gold, and energy is required to extract it. This is similar to extracting and storing energy in Bitcoin. He laughed at me smugly.

Some people will have a really hard time comparing a physical asset to a digital one. They assume a digital asset can be copied, and it has no meaningful use in the real world. Bitcoin requires some tech literacy which you cannot teach in an evening!

Instead, you can highlight that a physical asset like gold is a great store of value; we have been using it to store value for millennia. But it is not a great medium of exchange. How can you break it up into smaller pieces? How do you send it across the world?

Bitcoin solves these problems. Like gold, Bitcoin cannot be copied or debased. But unlike gold, you can send fractions of a Bitcoin instantly anywhere across the globe.

6. Bitcoin is a speculative and immature technology.

Trace Mayer used to talk about the seven network effects of Bitcoin: Speculation, Merchant Adoption, Consumer Adoption, Security, Developer Mindshare, Financialization, and Adoption as a World Reserve Currency.

Speculation, being the first network effect, is an important part of Bitcoin’s maturation. Speculation drives early adoption and leads to the initial growth and innovation. Early adopters face larger risks as the price is more volatile, but also reap larger rewards. As more people adopt, merchants begin to accept it as forms of payment, leading to the second network effect and so on.

Yes, Bitcoin was a speculative asset but it is far beyond it speculative stage. We are currently closer to the “Developer mindshare” stage, where developers are working on new tools and new products that now integrate multiple technologies, like lightning and nostr.

Bitcoin is no longer speculative. I would also argue it is not even immature, even though it has only been around for a decade. But a misconception people often make is that the dollar (AUD or USD) is mature. The dollar as we know it is an experiment that has been running since around 1971, and politicians and economists still have no idea how to control it! Levers are pulled, money is debased and debt is increased time and time again.

Debt to GDP since 1970. Australia saw a moment of recovery duing the early 2000s but began increasing after the global financial crisis in 2008. Japan’s debt skyrocketed in the 1990’s and currently sits around 260%. On average across the G-20 nations, debt has increased from a low of 23% to around 95%. (source https://www.imf.org/external/datamapper/CG_DEBT_GDP@GDD/SWE)

And thats it! I hope you found this useful for the next time you’re speaking to someone about Bitcoin in a developed nation.

Bitcoin Beme

Liked this article? help support more bitcoin: bc1q880n3vjzqa054xr6hwcx7756873z47kcqr052s ln-url: ourbean71@walletofsatoshi.com

@ 30782a83:3d5f1177

Remember that feeling when you were a child, and the world seemed to be a wonderful place full of possibilities? You were full of hope and had many dreams; everything seemed possible.

As you grow older, you learn about the numerous atrocities committed throughout history and even today. Every day, so many people are economically exploited by others, leading to a great amount of suffering. You start to feel hopeless, frustrated and overwhelmed, thinking that you, as a small part of the world, might not be able to do anything about it.

Then, you learn about the crucial role money plays in allowing that exploitation, wars, and tyranny, specifically fiat money controlled by corrupt individuals. You begin questioning what money truly is and how broken the current fiat world has become.

You realize why Bitcoin was created and start going down the rabbit hole, learning all the details about how it achieves the goal of being the best form of money humankind has ever seen.

And then... an incredible thing happens in your mind. That amazing, childlike feeling of wonder and endless possibilities returns. You start to feel hope again and believe that one person using the right tools can make a significant difference in the world.

Once that happens, your life is completely transformed. Your priorities change – low time preference – and you start evaluating how you spend your time, professionally, for instance. You begin to think about how you can use your time in a way that not only increases bitcoin adoption but also contributes, even in a small way, to fixing the problems you see in the world.

You understand why proof-of-work is critically important, not only in securing the Bitcoin network but also in every small detail of life and interactions between people. Hardworking individuals shouldn't have their savings for the future stolen by parasites, exploiters, fleas and those who avoid work at all costs.

Bitcoin is a tool in this peaceful war against laziness.

Bitcoin enforces an ethical and fair world for people who embrace work as proof of their livelihood.

@ d030bd23:96435da9

I would like to share an alternative management for constipation other than lactulose. Just a quick recap, lactulose is a type of laxative that works by increasing the osmolality of the Gastro intestinal tract, inducing water absorption into the feces. While it is a common medication for constipation, it has one particular side effect which is dependency.

Actually, the best way to alleviate constipation is by increasing fiber intake, although this process is relatively slow. However, there is one type of fiber that is quite effective, which is psyllium husk.

Psyllium comes from the plant genus Plantago whose seeds are used as a traditional preparation to treat constipation and mild diarrhea. Its mechanism of action is as a bulk-forming laxative. It has a lower dependency effect compare to lactulose. Additionally, it also has other co-beneficial effects such as being a normoglycemic (reduce blood sugar) agent and a hypocholestremic (reduce cholesterol level) agent.

However, it is not without side effects. Being of plant origin, some people may develop allergy towards it. Additionally, it may worsen constipation or even cause choking if taken without adequate water. It is to be noted that it can be taken in pregnancy , though with caution.

The recommended dosage to consume psyllium husk is one tablespoon dissolve in 1 cup of water once daily and can be taken up to twice daily.

@ a367f9eb:0633efea

Latin America is a messy, culturally-rich, and prickly place.

Though it is blessed with bountiful resources in its sprawling jungles, deserts, and jagged mountains, it has for most of its history been caught in the oscillating winds of colonial powers and external forces.

While the 19th century saw the withering influence of Spanish colonialism against the rise of independence movements, the first part of the 20th century was defined by constant overt and clandestine interventionism on behalf of the Anglo powers, namely Britain and certainly the United States.

From the 1950s onwards, those interventions multiplied, as foreign intelligence services and corporations supported factions and political leaders who swung voraciously between socialist and fascist iterations of violence and strength.

Populist-led left-wing movements led to mass nationalization of properties and businesses, only to be countered by strong-fisted military juntas who carried out mass persecutions. Political violence was the norm, practiced brutally by the right and harshly by the left.

In the second decade of the 21st century, that naked political violence is isolated to regional narco-gangs, but interventionism is now practiced enthusiastically by economically left-leaning political governments with broad social agendas.

Nowhere has that been the case more than Argentina, once the crown jewel of the Spanish-speaking world.

Though it was a booming economy in the late 1800s, at a various points of the 1900s, its last two decades have proven to be a catastrophic economic failure. Kirchnerism, Argentina’s version of left-wing populism, has scarred its citizens with years of bank runs, currency devaluation, and eye-watering inflation.

The “Argentina paradox” continues to befuddle us.

ENTER THE HAIRDO

Skipping over plenty of historical and political history, Argentina today remains a basket case. Inflation has reached an abysmal 113%, its working population is far outnumbered by pensioners and those who live on government aid, and its debts are long past sustainable.

Rather than continue to shackle Argentines to the doomed Kirchnerism, economist and political upstart Javier Milei is promising something different.

The leader of the La Libertad Avanza coalition, Milei is an iconoclast.

With his wild hairdo (which he claims he never combs), sideburns, and salty tongue, he takes his inspiration from the Austrian School of Economics, professing daily his hatred of central banks, central planners, and the central political elite who have “looted” Argentinian prosperity through taxation and subsidies. Did I mention he loves Bitcoin?

In the usual lazy journalistic trope, coverage of Milei’s presidential aspirations in the Anglosphere pin him ideologically to Donald Trump or Brazil’s Jair Bolsonaro. They call him “far-right” and the new populist of the right.

And while he may throw bombs in his rhetoric, Milei is no slouch.

He’s written over 50 academic papers, 9 books, and has had an impressive career as both a university and private sector economist.

He identifies as an anarcho-capitalist, and regularly claims “taxation is theft”. For him, China is a communist dictatorship and most global trade deals are “managed” to benefit the politically connected. Free trade and free exchange are the saviors, not state control.

For those of us familiar with the Austrian tradition and a healthy skepticism of both centralized power and central banking, Milei proves interesting. For Bitcoiners, he’s an all-out star.

On top of that, he just won the first round of the presidential primary with over 30% of the vote. He’s not just a phenomenon among Bitcoiners and libertarians, but it seems his message is popular with a large slice of the Argentinian population.

THE MILEI PLAN

Unique to the moment, Milei focuses almost exclusively on economic policy in his speeches and interviews. He’s left most foreign policy and non-economic domestic issues to his running mate, Victoria Villarruel, who is a hawkish right-leaning lawyer (much more could be written about her).

Rather than choose between the “socialists with good manners and those with bad manners,” Milei posits that the people of Argentina want a return to fiscal sanity, and he is the man to make it happen.

How will this be achieved?

A radical dollarization plan, an end to the Central Bank, record slashing of public spending, and a healthy bout of privatizations of public institutions.

He describes his economic plank on four different axioms:

• Moral: the current system perpetuates robbery of the people by the elite through inflation and high taxes
• Technical: there is no natural demand for the Argentinian peso, and thus its real value is zero
• Instrumental: there are existing plans for adopting the US dollar that he would endorse (including research by economist Emilio Ocampo)
• Political: politicians who benefit from the system will fight tooth and nail to defend it, and thus the goal should be to disempower them by reducing the size of the state

For Bitcoiners, his best moments have come from his disparaging of the government’s monopoly on money creation, which he believes have been pivotal to Argentina’s failures. Money should be a “creation of the private sector,” he claims, hence why he is fascinated by Satoshi’s innovation of Bitcoin.

BEYOND THE PESO AND DOLLAR

Though many in the United States deplore the role of fiat money and the US dollar, Milei is steadfast in his commitment to get his country on the US dollar standard.

Many Bitcoiners may balk at this, but it makes sense for Argentina.

Stripping control of the money supply from the politicians and central bankers — who have ushered in decades of low growth and inflation — is about as radical as you can go in Latin America, and it would be a paradigm shift for an economy as large as Argentina’s.

Milei has flirted with free banking and welcomes currency competition, so it’s no surprise that Bitcoin may play a part in his success if he’s elected this fall.

Until then however, Milei will have many enemies to slay. Apart from political attacks from his opponents, we can expect that a hostile media will aim to counter each point he presents to the public. Central bankers and those connected to them will use all means possible to dissuade the people from choosing Milei as their man (which we saw in the dumping of bonds in the market this week).

Milei’s path will not be easy and many taboos will be broken.

His attacks on the “parasitic political caste” and more conservative social views have been enough to warn off many liberals and libertarians who would otherwise be favorable to his economic agenda.

But in a time of festering bad ideas on economics, trade, and how to make our societies more well off, Milei is a welcome distraction.

“What's the difference between a genius and a madman?” he asked in an interview this week. “Success. And that we shall see that on October 22.”

Best,

Yaël

Originally published on Fix The Money

@ 3553ccfa:d7024217

The Golden Tech Stack

Welcome

Time is lovely, isn't it? It just flows on like a river. Anyway, some stuff has changed and an update is due! I hope you are well and excited for another edition of my blog.

This edition of the blog, I asked a simple question to my bitcoiner pals over at the Jupiter Broadcasting Matrix channel: "What would you like to see me write about or have my opinion on?" HAL9000 answered with: "I'd love to know your tech stack" (I am simplifying a bit, but, that is the jist), so, thank you for that!

Before I get to that, here are some

Updates

Since we last chatted over the blog, I have been trying (and failing) to get comments on here. I will be trying to make a small python app for that as a learning tool for developing python. Shouldn't be too hard, I hope. Do you think it will be?

I have also joined up with the Nostriches and have both a Nostr Blog on Habla.News and a regular twitter style nostr account (one in the same, really. Just different front ends and relays) My npub for seeking me out is: npub1x4fue7jz3y4gjjce6le9qkawapnrjkq92za78wr8qp36m4czggtshxdfxs

DISCLAIMER We should all have hope and look toward the day where a man realizes the sounds -ahem- sorry

Actual disclaimer: This blog will be mirrored over on Habla.News, so I may have to take some liberties for that ie photos will be linked for your viewing pleasure!

The Stack

I am surrounded by technology. Probably some tech debt, if I am honest. Just at this desk alone, I sit amongst four computers of varying scopes. "But, Dragon, why couldnt this be condensed down?" I did. This desk was full of monitors and the like, and I may still condense down to just one and make the rest headless, minus the laptop.

Here is the top level overview of what I use on a regular basis and (if i can remember) some specs:

It's GNOME, its XFCE, Its..!

Just a Mac Mini

The last gen of Intel-based Mac Mini computers. This is my daily driver and will soon become my dev machine. What I am considering is this:

Linux Hugo NGINX or Caddy (havent decided on the web server yet) MySQL Python

As for specs, this thing is Spec'ed OUT my dudes. And was given to me as a gift. My donor can let me know if they would like credit for this. Its been alluded to for sure, though! In it's current state, I am able to help my wife design stuff for our business, which won't change. I will just not be able to use her software (Cricut Design Space). If anybody out there has any luck running this in a VM, let me know.

The Blog Writer

This one is a little MicroMini Node, Lenovo style While not very powerful, like my Mac is, this tiny pc site behind my curved monitor and lets me write my blog with ease. Currently running Debian 12 Stable XFCE (email me that hate), it gets out of my way and just goes. Initially intended as a Monero rig, I realized that I wouldnt really get much out of that except the memes and I am (mostly) serious about my work. My blog stack is pretty simple:

Markdown files parsed by > Hugo sent to > GitHub hosted by > Netlify > to your lovely face.

The Server

Ahh, yes. My good ol' Dell This server is mainly a Nextcloud rig. Did host Jellyfin and ripped Anime, but, need to set up the latter again. Big fan of Serial Experiments Lain.

My Nodes

Did I mention I am a new Bitcoin Maxi? I have two nodes now. I have an Ancient eMachines with built-in Nvidia GPU and AMD Sempron CPU as well as a Kamrui Mini PC that I picked up second hand that somehow works

The top one is my Umbrel node and the Kamrui is my new Start9 Node. The Start9 node will be the one where my Blog sats will be (we will get to that in a moment!) As of now, Start9 cannot connect with Tailscale, but, I will see if I can change that. Probably not.

Misc

In addition to that, the boost button is proxied on a Nanode over on Linode and the Python Comments app I hope to develop will be over there as well. Once I learn how boosts work and how to work with API's, this will all just be peachy keen.

Future-sim aka Where this all goes

Eventually, I have a feeling I will be back to just a computer and a laptop, with headless nodes running in a 3d printed, fan cooled cabinet. What I would really enjoy would be my Mac being my base system, probably Arch or Debian. I would like to figure out exit nodes as well so that I can cut back on 5g data perhaps and just use my home internet.

The stack is nothing really golden, I just have a lot of extra tech that I wanted to put to use.

Support time!

This week, we (and by we I mean ThothLoki) blew my mind and sent over a whopping 5000 satoshis! I really appreciate it and that will be here on my Start9 node very soon with the other 300 satoshis from last blog post.

If you would like to support the blog, you too can send your value over by using the button below. If you are on Habla, you can Zap me and that will go directly to my node and I will send that over to the blog node as well.

Alternatively, you can send me directly via your wallet if it supports LNURL addresses! You can fund me directly with a send to TGDHaku@boost.goldenblogathon.com

It is night as I write this. When I wake, I hope the sun is warm. I hope that you are warm when the sun rises, too.

@ 80ee8a95:b2862d2e

In a prosperous nation like Australia, the issues that Bitcoin aim to solve are far less perceivable compared to other poorer or authoritarian nations. Bitcoin’s value proposition is less relatable because we have access to banks, our economies are generally tolerable, and everything to some degree just works.

Conversations about Bitcoin in the workplace or among friends and family can be difficult. You may often be dismissed, called names (mine is “future boy”), or perceived as someone belonging to a cult. And people will bring up the common arguments against Bitcoin purported by the media: 1) it uses to much energy, 2) it is volatile, 3) it encourages criminal activity like the silk road, 4) it is a Ponzi scheme, 5) its an intangible asset, and 6) its a speculative and immature technology.

Here I will offer some tips I have learnt when talking to people about Bitcoin. My frame of reference is as a Bitcoiner living in Australia, but I think my experience may translate to other developed nations.

Tip 1: Never try convince someone they should buy Bitcoin.

My first tip is to never try convince people to buy Bitcoin, but instead, teach them about Bitcoin and guide them towards sources where they can learn more themselves. The value proposition behind Bitcoin is difficult to understand and people shouldn’t necessarily hold any before they understand the risks and benefits behind the technology.

In my mind, the most important part of a person’s orange pilling is the will and interest to find out more themselves, and make their own decision to buy some.

So your primary aim should be just to find a way to make them interested enough to seek out more information. Here is my shortlist of books, podcasts, and other valuable sources I use when pointing people to find out more.

Tip 2: Bitcoin is an inclusive technology.

One major problem I see with the Bitcoin community is that Bitcoiners set up walls where you are either enlightened Bitcoiner, or you are a “normie”. For someone seeking to find out more about Bitcoin, the community can appear cultish, and being referred to as a “normie” or other names creates an exclusive environment that can dissuade people from finding out more. Everyone will have their own path of discovery as most of us did. Help others find Bitcoin by making the community inclusive.

Tip 3: Be prepared to combat common misconceptions or misunderstandings

1. Bitcoin uses more energy than some country in Europe (no one ever remembers which)

This is probably the most common argument I hear. But as you will see, the real question here is not about the absolute amount of energy use, but a person’s perception of the value per unit energy that it delivers.

The adoption of any new technology that advances society has required energy. This energy consumption is often intense at the beginning and becomes more efficient as the technology develops and drives further investment. Bitcoin miners are the primary consumers of energy in the technology. Most people don’t actually understand why Bitcoin consumes energy — Bitcoin consumes energy to cryptographically protect the value contained within the network. However, inherent to Bitcoin is an economic incentive to reduce energy costs and maximise profits. Miner’s therefore naturally seek out more efficient technologies and cheaper sources of energy.

Over a 5 year period from 2018 to 2023, the energy required per terrahash (energy per unit work) declined by 63%. It is also useful to highlight novel ways in which Bitcoin miners are consuming wasted energy or using renewable sources, such as Iris energy, or Gridless. These and other companies are investing into renewable energy sources. Current estimates of Bitcoin’s renewable energy usage is between 25% and 50%.

In 2016 the power consumption of data centres was estimated to be 200 TWh/y. By comparison, Bitcoin consumes between 75.4 TWh/y and 122 TWh/y. The traditional financial system is estimated to consume 5,000 TWh/y which pales to Bitcoin’s consumption. This is not to say we should be complacent about Bitcoin’s energy use; these are all staggering amounts of energy consumption! But in most people’s mind, the value of data centres and the legacy financial system seems so obvious that they wouldn’t question its energy usage. So the real question should not be about the absolute value of power consumption, but rather whether Bitcoin provides the same global value per unit energy consumed.

Framing the energy argument in terms of the value per unit energy should help to open a discussion on Bitcoin’s value proposition.

2. Bitcoin is volatile

Yes, Bitcoin is volatile! But why is this bad? Most people making this claim are comparing Bitcoin to holding shares in some big tech company. Bitcoin is not a company! Comparing it to a company means you haven’t understood the Bitcoin’s true value proposition of it becoming the hardest form of money. Furthermore, despite its current volatility, Bitcoin continues to outperform most stocks and gold.

Bitcoin is a truly free market asset, unlike other forms of investment influenced by capital controls which act to dampen volatility. Bitcoin’s adoption still sits below 5% globally. As adoption increases, its price will continue to stabilise as it has been over the past decade (see figure below).

Bitcoin price volatility index (source: https://buybitcoinworldwide.com/volatility-index/)

Volatility will continue to be a feature of Bitcoin in the near future. But this is not necessarily bad. Investment into Bitcoin, like any asset, should be taken with consideration of a person’s financial position and their ability to weather this volatility.

3. Bitcoin facilitates illicit activity and the anonymity of the criminals.

There is no escaping the fact that to some degree Bitcoin has facilitated the exchange of drugs and other illicit activity. However, Bitcoin offers a level of traceability that hasn’t existed previously with cash. Bitcoin is not anonymous, it is pseudonymous. It depends on a public ledger that facilitates the tracking funds, and KYC (Know-Your-Customer) on/off ramps that help link transactions back to individuals. This tracking has led to the downfall of the silk road and several associated criminals since. Law enforcement and journalists are constantly coming up with tools to track the the movement of cryptocurrencies used in illicit activity.

Bitcoin is a neutral technology. Blaming Bitcoin for the drug problem is as silly as blaming the internet, the postage service that sends a large portion of drugs, or cars that drive them from location to location. It will never be escape the fact that some people will use it for illegal activity, as people have and will continue to do with any form of money.

4. Bitcoin is a Ponzi scheme.

Many other cryptocurrencies which are actual Ponzi schemes have given people a negative impression of Bitcoin. I once had a family member, who knew about my great interest in Bitcoin gleefully exclaim “Hey did you hear!? Bitcoin is dead!” She was referring to the news about the downfall of OneCoin. This comment made me realise how important it is to help people understand the fundamental difference between a decentralised Bitcoin and a centralised crypto Ponzi.

In simple terms, Bitcoin being decentralised means there is no single entity in charge or profiting from the value of Bitcoin, nor are there profits derived from getting people into Bitcoin.

A follow-on comment I often get is that early adopters cause an imbalance in the distribution of wealth. This is currently true. It is estimated that 0.01% of addresses hold 58% of all Bitcoin. But we currently live in a world of rapidly rising inequality and a financial system that promotes the financial privileged. Over the past 40 years, the top 1% of income earners has seen their share increase from about 11% to almost 20% in the USA (see figure below).

Total share of income of the top 1% of earners (source: https://wid.world/)

You can research into the effects leading to inequality and you will read very contradictory arguments from both sides of the Bitcoin camp. So I’m not going to argue that Bitcoin solves the problem of wealth inequality; that is yet to be seen. But the growing digitisation of financial services is already creating a positive effect in reducing wealth inequality around the world. One of Bitcoins main benefits is that it promotes financial inclusion, which I believe can only result in a positive outcome for reducing inequality.

5. Bitcoin is an intangible asset

I once tried to explain to a family member the link between physical gold and Bitcoin. I used the analogy that energy is trapped in physical gold, and energy is required to extract it. This is similar to extracting and storing energy in Bitcoin. He laughed at me smugly.

Some people will have a really hard time comparing a physical asset to a digital one. They assume a digital asset can be copied, and it has no meaningful use in the real world. Bitcoin requires some tech literacy which you cannot teach in an evening!

Instead, you can highlight that a physical asset like gold is a great store of value; we have been using it to store value for millennia. But it is not a great medium of exchange. How can you break it up into smaller pieces? How do you send it across the world?

Bitcoin solves these problems. Like gold, Bitcoin cannot be copied or debased. But unlike gold, you can send fractions of a Bitcoin instantly anywhere across the globe.

6. Bitcoin is a speculative and immature technology.

Trace Mayer used to talk about the seven network effects of Bitcoin: Speculation, Merchant Adoption, Consumer Adoption, Security, Developer Mindshare, Financialization, and Adoption as a World Reserve Currency.

Speculation, being the first network effect, is an important part of Bitcoin’s maturation. Speculation drives early adoption and leads to the initial growth and innovation. Early adopters face larger risks as the price is more volatile, but also reap larger rewards. As more people adopt, merchants begin to accept it as forms of payment, leading to the second network effect and so on.

Yes, Bitcoin was a speculative asset but it is far beyond it speculative stage. We are currently closer to the “Developer mindshare” stage, where developers are working on new tools and new products that now integrate multiple technologies, like lightning and nostr.

Bitcoin is no longer speculative. I would also argue it is not even immature, even though it has only been around for a decade. But a misconception people often make is that the dollar (AUD or USD) is mature. The dollar as we know it is an experiment that has been running since around 1971, and politicians and economists still have no idea how to control it! Levers are pulled, money is debased and debt is increased time and time again.

Debt to GDP since 1970. Australia saw a moment of recovery duing the early 2000s but began increasing after the global financial crisis in 2008. Japan’s debt skyrocketed in the 1990’s and currently sits around 260%. On average across the G-20 nations, debt has increased from a low of 23% to around 95%. (source https://www.imf.org/external/datamapper/CG_DEBT_GDP@GDD/SWE)

And thats it! I hope you found this useful for the next time you’re speaking to someone about Bitcoin in a developed nation.

Bitcoin Beme

Liked this article? help support more bitcoin: bc1q880n3vjzqa054xr6hwcx7756873z47kcqr052s ln-url: ourbean71@walletofsatoshi.com

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In a prosperous nation like Australia, the issues that Bitcoin aim to solve are far less perceivable compared to other poorer or authoritarian nations. Bitcoin’s value proposition is less relatable because we have access to banks, our economies are generally tolerable, and everything to some degree just works.

Conversations about Bitcoin in the workplace or among friends and family can be difficult. You may often be dismissed, called names (mine is “future boy”), or perceived as someone belonging to a cult. And people will bring up the common arguments against Bitcoin purported by the media: 1) it uses to much energy, 2) it is volatile, 3) it encourages criminal activity like the silk road, 4) it is a Ponzi scheme, 5) its an intangible asset, and 6) its a speculative and immature technology.

Here I will offer some tips I have learnt when talking to people about Bitcoin. My frame of reference is as a Bitcoiner living in Australia, but I think my experience may translate to other developed nations.

Tip 1: Never try convince someone they should buy Bitcoin.

My first tip is to never try convince people to buy Bitcoin, but instead, teach them about Bitcoin and guide them towards sources where they can learn more themselves. The value proposition behind Bitcoin is difficult to understand and people shouldn’t necessarily hold any before they understand the risks and benefits behind the technology.

In my mind, the most important part of a person’s orange pilling is the will and interest to find out more themselves, and make their own decision to buy some.

So your primary aim should be just to find a way to make them interested enough to seek out more information. Here is my shortlist of books, podcasts, and other valuable sources I use when pointing people to find out more.

Tip 2: Bitcoin is an inclusive technology.

One major problem I see with the Bitcoin community is that Bitcoiners set up walls where you are either enlightened Bitcoiner, or you are a “normie”. For someone seeking to find out more about Bitcoin, the community can appear cultish, and being referred to as a “normie” or other names creates an exclusive environment that can dissuade people from finding out more. Everyone will have their own path of discovery as most of us did. Help others find Bitcoin by making the community inclusive.

Tip 3: Be prepared to combat common misconceptions or misunderstandings

1. Bitcoin uses more energy than some country in Europe (no one ever remembers which)

This is probably the most common argument I hear. But as you will see, the real question here is not about the absolute amount of energy use, but a person’s perception of the value per unit energy that it delivers.

The adoption of any new technology that advances society has required energy. This energy consumption is often intense at the beginning and becomes more efficient as the technology develops and drives further investment. Bitcoin miners are the primary consumers of energy in the technology. Most people don’t actually understand why Bitcoin consumes energy — Bitcoin consumes energy to cryptographically protect the value contained within the network. However, inherent to Bitcoin is an economic incentive to reduce energy costs and maximise profits. Miner’s therefore naturally seek out more efficient technologies and cheaper sources of energy.

Over a 5 year period from 2018 to 2023, the energy required per terrahash (energy per unit work) declined by 63%. It is also useful to highlight novel ways in which Bitcoin miners are consuming wasted energy or using renewable sources, such as Iris energy, or Gridless. These and other companies are investing into renewable energy sources. Current estimates of Bitcoin’s renewable energy usage is between 25% and 50%.

In 2016 the power consumption of data centres was estimated to be 200 TWh/y. By comparison, Bitcoin consumes between 75.4 TWh/y and 122 TWh/y. The traditional financial system is estimated to consume 5,000 TWh/y which pales to Bitcoin’s consumption. This is not to say we should be complacent about Bitcoin’s energy use; these are all staggering amounts of energy consumption! But in most people’s mind, the value of data centres and the legacy financial system seems so obvious that they wouldn’t question its energy usage. So the real question should not be about the absolute value of power consumption, but rather whether Bitcoin provides the same global value per unit energy consumed.

Framing the energy argument in terms of the value per unit energy should help to open a discussion on Bitcoin’s value proposition.

2. Bitcoin is volatile

Yes, Bitcoin is volatile! But why is this bad? Most people making this claim are comparing Bitcoin to holding shares in some big tech company. Bitcoin is not a company! Comparing it to a company means you haven’t understood the Bitcoin’s true value proposition of it becoming the hardest form of money. Furthermore, despite its current volatility, Bitcoin continues to outperform most stocks and gold.

Bitcoin is a truly free market asset, unlike other forms of investment influenced by capital controls which act to dampen volatility. Bitcoin’s adoption still sits below 5% globally. As adoption increases, its price will continue to stabilise as it has been over the past decade (see figure below).

Bitcoin price volatility index (source: https://buybitcoinworldwide.com/volatility-index/)

Volatility will continue to be a feature of Bitcoin in the near future. But this is not necessarily bad. Investment into Bitcoin, like any asset, should be taken with consideration of a person’s financial position and their ability to weather this volatility.

3. Bitcoin facilitates illicit activity and the anonymity of the criminals.

There is no escaping the fact that to some degree Bitcoin has facilitated the exchange of drugs and other illicit activity. However, Bitcoin offers a level of traceability that hasn’t existed previously with cash. Bitcoin is not anonymous, it is pseudonymous. It depends on a public ledger that facilitates the tracking funds, and KYC (Know-Your-Customer) on/off ramps that help link transactions back to individuals. This tracking has led to the downfall of the silk road and several associated criminals since. Law enforcement and journalists are constantly coming up with tools to track the the movement of cryptocurrencies used in illicit activity.

Bitcoin is a neutral technology. Blaming Bitcoin for the drug problem is as silly as blaming the internet, the postage service that sends a large portion of drugs, or cars that drive them from location to location. It will never be escape the fact that some people will use it for illegal activity, as people have and will continue to do with any form of money.

4. Bitcoin is a Ponzi scheme.

Many other cryptocurrencies which are actual Ponzi schemes have given people a negative impression of Bitcoin. I once had a family member, who knew about my great interest in Bitcoin gleefully exclaim “Hey did you hear!? Bitcoin is dead!” She was referring to the news about the downfall of OneCoin. This comment made me realise how important it is to help people understand the fundamental difference between a decentralised Bitcoin and a centralised crypto Ponzi.

In simple terms, Bitcoin being decentralised means there is no single entity in charge or profiting from the value of Bitcoin, nor are there profits derived from getting people into Bitcoin.

A follow-on comment I often get is that early adopters cause an imbalance in the distribution of wealth. This is currently true. It is estimated that 0.01% of addresses hold 58% of all Bitcoin. But we currently live in a world of rapidly rising inequality and a financial system that promotes the financial privileged. Over the past 40 years, the top 1% of income earners has seen their share increase from about 11% to almost 20% in the USA (see figure below).

Total share of income of the top 1% of earners (source: https://wid.world/)

You can research into the effects leading to inequality and you will read very contradictory arguments from both sides of the Bitcoin camp. So I’m not going to argue that Bitcoin solves the problem of wealth inequality; that is yet to be seen. But the growing digitisation of financial services is already creating a positive effect in reducing wealth inequality around the world. One of Bitcoins main benefits is that it promotes financial inclusion, which I believe can only result in a positive outcome for reducing inequality.

5. Bitcoin is an intangible asset

I once tried to explain to a family member the link between physical gold and Bitcoin. I used the analogy that energy is trapped in physical gold, and energy is required to extract it. This is similar to extracting and storing energy in Bitcoin. He laughed at me smugly.

Some people will have a really hard time comparing a physical asset to a digital one. They assume a digital asset can be copied, and it has no meaningful use in the real world. Bitcoin requires some tech literacy which you cannot teach in an evening!

Instead, you can highlight that a physical asset like gold is a great store of value; we have been using it to store value for millennia. But it is not a great medium of exchange. How can you break it up into smaller pieces? How do you send it across the world?

Bitcoin solves these problems. Like gold, Bitcoin cannot be copied or debased. But unlike gold, you can send fractions of a Bitcoin instantly anywhere across the globe.

6. Bitcoin is a speculative and immature technology.

Trace Mayer used to talk about the seven network effects of Bitcoin: Speculation, Merchant Adoption, Consumer Adoption, Security, Developer Mindshare, Financialization, and Adoption as a World Reserve Currency.

Speculation, being the first network effect, is an important part of Bitcoin’s maturation. Speculation drives early adoption and leads to the initial growth and innovation. Early adopters face larger risks as the price is more volatile, but also reap larger rewards. As more people adopt, merchants begin to accept it as forms of payment, leading to the second network effect and so on.

Yes, Bitcoin was a speculative asset but it is far beyond it speculative stage. We are currently closer to the “Developer mindshare” stage, where developers are working on new tools and new products that now integrate multiple technologies, like lightning and nostr.

Bitcoin is no longer speculative. I would also argue it is not even immature, even though it has only been around for a decade. But a misconception people often make is that the dollar (AUD or USD) is mature. The dollar as we know it is an experiment that has been running since around 1971, and politicians and economists still have no idea how to control it! Levers are pulled, money is debased and debt is increased time and time again.

Debt to GDP since 1970. Australia saw a moment of recovery duing the early 2000s but began increasing after the global financial crisis in 2008. Japan’s debt skyrocketed in the 1990’s and currently sits around 260%. On average across the G-20 nations, debt has increased from a low of 23% to around 95%. (source https://www.imf.org/external/datamapper/CG_DEBT_GDP@GDD/SWE)

And thats it! I hope you found this useful for the next time you’re speaking to someone about Bitcoin in a developed nation.

Bitcoin Beme

Liked this article? help support more\ bitcoin: bc1q880n3vjzqa054xr6hwcx7756873z47kcqr052s\ ln-url: ourbean71@walletofsatoshi.com

@ 9ecbb0e7:06ab7c09

Los residentes de un edificio en La Habana Vieja donde en octubre del año pasado murió una niña por un derrumbe, continúan viviendo entre los escombros.

Ante el temor de que ocurra otro desplome y quedar sepultados, los vecinos del inmueble situado en la calle Sol, entre Egido y Villegas, han enviado otra carta a CiberCuba en la que denuncian la inacción de los dirigentes y organismos responsables de solucionar su caso.

La carta recibida por la redacción de Cibercuba es la siguiente:

"Somos los vecinos de Sol 466, entre Villegas y Egido, La Habana Vieja, donde ocurrió el derrumbe el 17 de octubre 2022, en el que falleció una niña de cuatro años. Donde el presidente del Partido, Luis Antonio Torres Iríbar, dijo que no íbamos a quedar desamparados, donde Vivienda municipal y provincial dijeron que dentro de 15 a 30 días nos daban solución.

Nunca nos ayudaron ni dieron solución, seguimos viviendo en el inmueble cayéndose a pedazos lo poco que queda, y ni siquiera nuestras cosas y muebles hemos podido sacar de aquí para asegurarlas un lugar más seguro, ya que nuestras viviendas se mojan cuando llueve.

Hemos ido a Vivienda provincial tres veces, Vivienda municipal cuatro veces, gobierno provincial, gobierno municipal... donde ellos dicen que no tienen que ver con eso, que es Vivienda municipal, pero esta entidad nos dice que no tiene solución para nuestro problema.

Hay una anciana de 87 años con una radical de mama, sorda de un oído, diabética de los malos e hipertensa, y vive yendo al policlínico a cada rato por sus varias enfermedades; también esta señora ya no puede más con su estrés por su grave situación, ya ha tenido infarto. Y no se resuelve nada.

Y ya ahora en octubre 17 va hacer un año, en el que entre promesas y mucho bla bla no han dado respuesta a dicho problemón. ¿Qué están esperando, a que haya otro muerto? Un señor que tenía cáncer murió sin poder ver su casa, y la señora que menciono que está enferma vive con miedo, por el desastre de lo que que queda del edificio en ruina estática".

En una misiva anterior, los afectados relataban que iban cada dos o tres días a las diferentes instancias de Vivienda, el gobierno, la fiscalía y el partido.

"Ya nos conocen por dar las quejas y no nos resuelven nada. (...) Y cuando llegamos a los lugares nos dicen: 'ustedes de nuevo', cómo si fuéramos la enfermedad de la peste", dijeron.

"Para los militares y MININT se hacen edificios, y no pueden poner aunque sea uno o dos núcleos por edificio, ya que son cinco núcleos y desde hace años pudieran ya haber salido de esto, y no haber llegado a que hubiera muerto una menor de cinco años de edad, y que vuelva a haber otra muerte", cuestionaron.

El pasado 17 de octubre por la mañana, se derrumbó parte del edificio y varias personas quedaron atrapadas en los escombros. Según el periodista Mario J. Pentón, el derrumbe fue en la escalera del inmueble.

Como consecuencia murió una niña de cinco años nombrada Ismary Orozco Castellanos, quien falleció antes de que los bomberos pudieran rescatarla.

De acuerdo con la información del Portal del Ciudadano de La Habana, los rescatistas lograron sacar con vida a dos mujeres y un menor de edad. Las pacientes fueron enviadas al Hospital Calixto García y el menor al Hospital Juan Manuel Márquez.

El edificio lleva muchos años con problemas.

En 2015 sus residentes denunciaron que se veían obligados a acceder a sus casas por una ventana, tras un derrumbe parcial.

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MIAMI, Estados Unidos. — El quinto vuelo de deportación de cubanos desde EE. UU. arribó esta tarde a La Habana, según dio a conocer la Embajada de Estados Unidos en la Isla.

La sede diplomática indicó en redes sociales que los 29 cubanos repatriados habían intentado ingresar sin autorización a territorio estadounidense.

“Este jueves 17 de agosto llegó a La Habana el quinto vuelo de deportación proveniente de Estados Unidos del 2023. El vuelo devolvió a la Isla a 29 cubanos que intentaron entrar a Estados Unidos sin autorización”, señala la nota.

La Embajada llamó a los cubanos a no intentar ingresar a EE. UU. de manera ilegal.

“No ponga en riesgo su seguridad ni la de su familia. Viaje seguro y legal” , apuntó la sede diplomática.

El cuarto vuelo de deportación se había producido el pasado 20 de julio. En el mismo fueron devueltos a Cuba 33 migrantes.

Previo a la salida del cuarto vuelo, familiares de algunos de los migrantes con orden de deportación (tras perder sus casos de asilo político) intentaron detener el proceso y que los liberaran, pero no fue posible.

El tercer vuelo de deportación a la Isla ocurrió el 23 de junio e involucró a 36 cubanos. En ese momento, el Ministerio del Interior de Cuba (MININT) informó que todos los migrantes incluidos en la operación aérea eran hombres y que trece de ellos habían salido ilegalmente de la Isla por vía marítima, mientras que otros 23 viajaron al exterior de forma legal y luego se incorporaron a rutas irregulares para llegar a Estados Unidos.

Abogados de inmigración de Miami han advertido que los cubanos que tienen I-220B son los que corren mayor riesgo de ser deportados, ya que ese documento registra la entrada a EE. UU. con orden expresa de devolución al país de origen.

@ 9ecbb0e7:06ab7c09

El martillista cubano Yasmani Fernández abandonó la delegación de la Isla que intervendrá en el Campeonato Mundial de Atletismo de Budapest (Hungría), a celebrarse del 19 al 27 de septiembre próximos.

La noticia fue confirmada este miércoles por Play Off Magazine. El portal especializado indica que Fernández había sido incluido a última hora en la delegación, que ahora cuenta con solo 20 atletas.

La noticia había sido difundida previamente por el diario Jit. El medio oficialista indicó que Fernández “abandonó” la delegación durante su escala en París (Francia). Según el comisionado nacional de la especialidad, Rolando Charroo, el resto de los seleccionados está “enfocado” en obtener sus mejores resultados.

Fernández, de 28 años, había registrado su mejor marca personal (75,74 metros) en el pasado Memorial José Barrientos, que se celebró en el Estadio Panamericano de La Habana.

Su posición en el ranking mundial le valió su inclusión a última hora en el equipo cubano, aunque no tardó en escapar previo a la llegada a Hungría.

A su llegada a Budapest, el equipo cubano se concentró en el Hotel Danubio Arena. Allí se unieron dos grupos: uno proveniente de La Habana y otro desde la localidad española de Guadalajara, donde habían desarrollado “una base de preparación durante varias semanas”.

Cuba asiste al Campeonato Mundial de Atletismo de Budapest sin grandes figuras y con un pronóstico reservado. Las mayores aspiraciones de medallas recaen en los triplistas Lázaro Martínez y Cristian Nápoles, entre los hombres, así como Leyanis Pérez y Liadagmis Povea, entre las mujeres.

El atletismo ha sido uno de los deportes más golpeados por el abandono de figuras en los últimos años. Durante el Campeonato Mundial de 2022, celebrado en Oregón, Estados Unidos, abandonaron el equipo cubano tres miembros de la delegación: la jabalinista Yiselena Ballar, la discóbola Yaimé Pérez y el fisioterapeuta Carlos González Morales.

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El embargo de Estados Unidos a Cuba no existe como tal gracias a las exenciones para la compra de alimentos y medicinas en territorio estadounidense por parte del régimen castrista. Lo anterior se refleja en las cifras oficiales del Departamento de Agricultura, que indican exportaciones hacia Cuba por 37.071.007 dólares solo en el mes de junio de 2023, lo cual significa un crecimiento del 60.8% con relación al mismo mes del año anterior.

Los números marcan un hito en la relación comercial entre EEUU y Cuba, con un crecimiento sostenido impulsado por las compras que realizan las micros, pequeñas y medianas empresas (Mipymes), a las que el régimen castrista les otorgó la capacidad de importar alimentos y commodities agrícolas a Cuba.

De acuerdo con el informe presentado en el portal Cubatrade, entre los productos que compró Cuba en EEUU durante junio de 2023 destacan bacon, mantequilla, aceite de oliva, aceite de girasol, aceite de colza, azúcar, café, pastas, comuniones, helados, galletas, leche en polvo, cerveza, papel higiénico y carne de ave, entre otros.

En el caso de la carne de pollo, EEUU es el principal suministrador de esa proteína a Cuba. Más del 90% del pollo que se consume en el país caribeño proviene de productores estadounidenses, marcando una gran dependencia del gobierno comunista de los sistemas productivos del “imperialismo”.

Los datos acumulados en el histórico del primer semestre del año implican importaciones por 160.259.463 dólares solo en alimentos. El salto es significativo teniendo en cuenta que igual período del año previo, es decir, de enero a junio, se alcanzó una cifra de poco más de 144 millones de dólares.

El marco legal bajo el cual se llevan a cabo estas exportaciones es el Trade Sanctions Reform and Export Enhancement Act (TSREEA) de 2000 y el Cuban Democracy Act (CDA) de 1992. El TSREEA autoriza la exportación directa comercial de alimentos y productos agrícolas desde EEUU hacia Cuba, sin importar su propósito.

En las cifras que recoge el Departamento de Agricultura de EEUU no se reflejan los costos de transporte, cargos bancarios u otros gastos asociados con las exportaciones. Aunque el gobierno cubano reporta datos no verificables que sí incluyen estos costos, el aumento en las exportaciones alimentarias y agrícolas es innegable.

@ 9ecbb0e7:06ab7c09

Un joven padre cubano llamado Wismayel Hernández Martínez fue víctima mortal de un crimen en la provincia Pinar del Río. Su pérdida ha sido lamentada en redes sociales por familiares y conocidos.

Según las diferentes publicaciones, el homicidio ocurrió durante la mañana del pasado martes y dejó sin padre a un niño. En los posts no se detalló cómo se desencadenó el hecho, ni quién sería el responsable.

La madre de Wismayel expresó su profundo dolor a través de Facebook: “Hoy me quitaron una parte de mi corazón, alguien a quien amo y amaré donde Dios me lo tenga en su manto. La vida es injusta, por Dios cuánto dolor tengo en mi corazón, ese era mi niño, el hermano mayor de mi hija. Mi amor por ti siempre será eterno, no podré verte más, ni abrazarte, ni besarte”.

El homicidio también fue confirmado por la internauta Lisney Roche Lorenzo.

“Mi negro, mi hermano, el amor de mi vida, mi otra mitad, dejaste un gran vacío en mi vida. No sé qué va a ser ahora de mí. No tengo palabras para expresarlo, solo que te amo mucho mi vida y sé que Dios te tendrá en el mejor de los lugares” , manifestó.

Incremento de robos y homicidios en Cuba

Según un reporte del Observatorio Cubano de Auditoría Ciudadana (OCAC), la Isla registra en el actual año una creciente inseguridad pública y la escalada de crímenes violentos.

El reporte de la ONG precisa que en el primer trimestre del año se han identificado un total de 98 crímenes comprobados, distribuidos en 16 casos en enero, 48 en febrero y 34 en marzo.

Estas cifras abarcan 42 casos de robo, 33 asesinatos, 17 asaltos y 6 delitos de otro tipo. Sin embargo, el panorama se tornó aún más sombrío en el segundo trimestre, ya que se registraron un total de 189 crímenes, principalmente en las provincias de La Habana, Villa Clara y Guantánamo.

En el caso específico de los robos, la ONG detectó un incremento del 83%; mientras que los homicidios registraron un alza del 43%. El OCAC dejó en claro que estas cifras no reflejan la realidad del país, debido a la falta de transparencia del gobierno cubano, además del bajo interés por denunciar incidentes de este tipo.

@ 9ecbb0e7:06ab7c09

Las autoridades sanitarias de Florida emitieron una advertencia sobre el incremento de casos de dengue en el sur del estado, algunos de ellos importados desde Cuba, informó América Tevé.

La epidemióloga Dadilia Garcés, en una entrevista con América Tevé, informó que existe un registro de 200 personas infectadas en todo el territorio del estado naranja. De ellas, 130 se contagiaron a causa de viajes a países donde la enfermedad es endémica. Respecto a Miami-Dade y Broward, ambos territorios registran nueve casos locales.

La experta en epidemiología exhortó a la población a mantenerse alerta respecto a las personas provenientes de regiones donde la enfermedad llega a alcanzar niveles de epidemia, ya que este factor puede desencadenar la propagación local del virus y, por consiguiente, aumentar el número de casos en el estado.

Hace unos meses, la Isla llegó a tener un incremento de contagios. La mayoría de los enfermos fueron detectados en municipios de las provincias orientales de Guantánamo y Santiago de Cuba.

De acuerdo con los Centros para el Control y la Prevención de Enfermedades (CDC), aproximadamente una de cada 20 personas afectadas por el dengue presenta una forma grave de la enfermedad, requiriendo hospitalización. Los grupos más vulnerables incluyen a los lactantes, mujeres embarazadas y aquellos que han padecido infecciones previas por el virus.

Ante esta alarmante situación, las autoridades de salud en Florida exhortan a la población a tomar medidas preventivas, como el uso de repelente y la eliminación de criaderos en hogares, que podrían ser macetas en desuso, cubetas, llantas o cualquier otro objeto que almacene agua. ¿Cuáles son los síntomas de dengue?

Los síntomas del dengue pueden variar en su intensidad, y en ocasiones llegan a ser confundidos con los de otras enfermedades transmitidas por mosquitos. Los signos más comunes son fiebre alta, dolor de cabeza y malestar intenso en articulaciones.

Asimismo, se encuentra el dolor detrás de los ojos, erupción cutánea, fatiga, náuseas, vómitos, pérdida de apetito y sangrado. Es importante tener en cuenta que el dengue puede presentarse en formas de clásico y hemorrágico; este último causa sangrado grave, shock y en algunos casos puede ser mortal.

En cualquier situación es fundamental buscar atención médica, ya que la detección temprana y el manejo adecuado pueden ser cruciales para un pronóstico favorable y evitar severas complicaciones.

@ 97c70a44:ad98e322

By an accident of history, I have been knee-deep for the last week or two in several NIPs related to encrypted DMs and group chat. The accident is my proposal for encrypted groups — which will help me turn Coracle into something approximating a replacement for Facebook, rather than Twitter.

In order to make that happen though, a few things need to happen first. I need a better way to encrypt messages without leaking metadata, and (un)fortunately I'm no cryptographer. It's well known that NIP 04 has a number of issues, and there have been several proposals to fix it since as early as October 2022. Building on that foundation would be a waste of time.

My purpose in this post is to outline the problems with NIP 04 as it stands, and sketch out for you some possible solutions applicable not only to DMs, but to other encrypted use cases.

NIP 04 Considered Harmful

It's pretty well-known that nostr DMs leak metadata. What this means is that when you send a DM to someone else, anyone can see:

• Who you are
• Who you sent a message to
• When you sent the message
• How big the message was

And, of course, vice versa. Now, I personally don't take the cyanide pill on this like some do. DMs in centralized social platforms are far less private even than this, since the platform can read them anytime they want, share them with law enforcement, and potentially leak them to the entire world. It's my opinion that if applications were designed with the above properties in mind, it would be possible to gamify DMs, making metadata leakage a feature rather than a bug. Of course, no one has designed such a thing, so maybe it's a moot point.

The much bigger problem, as I learned last week, has to do with the cryptography used in NIP 04 (and several other places, including private mute lists and app-specific data). Here's a quote from Paul Miller's very helpful explanation:

1. Unhashed ECDH exposes some curves to Cheon's attack 1, which allows an attacker to learn private key structure when doing continuous diffie-hellman operations. Hashing converts decisional oracle into a computational oracle, which is harder.
2. CBC IVs should not only be unrepeatable, they must be unpredictable. Predictable IV leads to Chosen Plaintext Attack. There are real exploits.
3. CBC with reused key has 96-bit nonces and loses 6 bits of security for every magnitude. 10**4 (10K) messages would bring archive security of the scheme to 72 bits. 72 bits is very low. For example, BTC has been doing 2^67 hashes/sec as per early 2023. Advanced adversaries have a lot of resources to break the scheme
4. CBC has continuously been exploited by Padding Oracle attack. We can't expect all implementations to have proper padding check
5. AES was modeled as ideal cipher. Ideal ciphers don't care about non-random keys. However, AES is not an ideal cipher. Having a non-IND key, as in NIP4, exposes it to all kinds of unknown attacks, and reducing security of overall scheme

There is a lot going on here, very little of which I (and likely you) understand. But the really horrifying takeaway for me is in items 1 and 3. If you read it carefully, you'll notice that the more times you use your private key to encrypt data using NIP 04's encryption scheme, the easier it is for an attacker to brute-force your key.

I want to be careful not to overstate this — I don't think this means that everyone's private key is compromised; it would require many thousands of signatures to meaningfully reduce the security of your key. But it does mean that NIP 04's days are numbered — and if we don't replace it, we have a real existential threat to the entire protocol on our hands.

So much for motivation to put NIP 04 to rest. Where do we go from here?

The lay of the land

There are a few different components to making private messages work (whether we're talking about DMs or encrypted groups).

• Encryption scheme
• Explicit metadata hiding
• Implicit metadata hiding
• Transport and deliverability
• Identity and key exchange

Each of these components needs to be solved in order to create a robust messaging system on nostr.

Encryption scheme

As mentioned above, NIP 04 is borked. Luckily, there are a few folks in the nostr dev community who know a thing or two about encryption, most notably Paul Miller. Way back in May, Paul proposed a new encryption scheme based on his implementation of XChaCha20, which is the same algorithm used by SMP (more on that below).

To move the proposal forward, I created a different PR with some edits and adjustments, which is very near to being merged. The implementation already exists in nostr-tools, and there are PRs out for nos2x and Alby as well.

Explicit metadata hiding

As mentioned above, normal nostr messages share lots of information publicly, even if the content is encrypted, including:

• Kind
• Created timestamp
• Tags (topics, mentions, recipients, etc)
• Message size
• Author

Private messages have to hide this information, at the very minimum.

Implicit metadata hiding

The above level of security should be enough for most use cases. But it definitely doesn't get us to total secrecy yet. Some additional metadata includes:

• Client fingerprinting
• Relay selection for publishing and queries
• IP address collection
• First seen timestamp
• Identification of users by AUTH
• Correlation of the event with other messages sent/received during a session

These issues are much harder to solve, because they are part of the process of delivering the message, rather than just constructing it. These issues can be mitigated to some extent by using TOR, proxying connections with relays, using short-lived connections, randomizing publish time, and careful selection of trusted relays. But all of these are only techniques to reduce exposure, and require a prescriptive protocol to wrap them all up into a cohesive whole.

Transport and deliverability

In my view, the key feature of nostr that makes it work is relays. Relays provide storage redundancy and heterogeneity of purpose with a common interface shared by all instances. This is great for censorship resistance, but everything comes with a tradeoff.

Publishing notes is sort of like hiding easter eggs. If you want a kid to be able to find an egg, you have to put it somewhere they'll look for it. Putting an egg on the roof does not constitute "hiding" it, at least in a way consistent with the spirit of the game.

Historically, notes have been broadcast to whatever relays the user or client selects, without regard with someone else's preferences, resulting in apparently missing notes when author and recipient don't share a relay.

This problem has been partly solved by NIP 65, which encourages clients to publish notes where the recipient will look for them. There is some guesswork involved in selecting good relays, but the process is fairly straightforward for direct messages and group chats.

The situation can be improved further by DM-specific signaling, like what @fiatjaf has suggested as an addition to NIP 65. A user could then run his own relay that accepts messages from anyone, but only serves messages to himself. This would be the only relay well-behaved clients would ever write encrypted messages to, improving both privacy and deliverability.

Variants of this could also work for encrypted groups. For small groups, the same relay hints could be used as with DMs, and for larger groups with key sharing the admin could set up a dedicated relay for the group which members would write to.

This also creates a potential affordance for querying of encrypted events. If a relay is highly trusted, it could be added as a member to an encrypted group, gaining the ability to decrypt events. It could then receive REQ messages for those events, filter based on the encrypted content, and serve the encrypted version. This could greatly improve performance for larger groups where downloading all events isn't feasible.

Identity and key exchange

One dimension of privacy that deserves its own section is identity and key exchange. In nostr, this is simpler than in other protocols because in nostr your pubkey is your username. Arguably, this is a flaw that will need to be solved at some point, but for now it means that we get to skip a lot of the complexity involved with binding a name to a key.

However, the problem is still relevant, because one effective way to improve privacy is through key exchange. In the case of DMs, it would be nice to be able to request an alias key from someone you want to communicate with in order to hide the only piece of metadata that has to remain on a message in order to deliver it, that is, the recipient.

There's a lot of good stuff about this problem in the Messaging Layer Security protocol. The author of 0xChat has also put together a draft spec for executing simple key exchange, albeit with less information hiding than in the MLS protocol.

Key exchange between individual users can be considered an optional privacy enhancement, but is required for group chat based on a shared key. In either case, exchanging keys is fairly straightforward — the real challenge is achieving forward secrecy.

By default, if at any point a user's private key is compromised, any messages that were retained by an attacker can then be decrypted. This is a major vulnerability, and solving it requires key exchange messages to be reliably discarded.

What's cooking

So that's an overview of the problems that need to be solved for private DMs and group chats. Not all of these problems will be solved right away, just because the bar for creating a decentralized encrypted chat system on par (or better than) Signal is the kind of thing you get venture capital for.

So the question becomes, should we build a sub-par messaging system that is tightly integrated with nostr, or refer users to a better option for encrypted communication?

Well, why did Twitter create its own DM solution rather than integrating email? Was it to harvest user data, or to provide additional utility to their users by allowing the social graph to inform messaging? Native features simply create a better UX.

On the other hand, in Paul Miller's words:

I would like to remind that nostr DMs, if nostr gets a traction, would be used by all kinds of people, including dissidents in dangerous places. Would you be willing to risk someone getting killed just because you want to keep backwards compatibility with bad encryption?

There is no easy answer, but it's clear that as we continue to work on this problem it is very important that applications communicate clearly the privacy implications of all "private" features built on nostr.

So, assuming we can pull off an appropriate balance between privacy and convenience, let me outline three new developments in this area that I'm excited about.

Gift wrap

Way back in April, Kieran proposed a dumb, but effective, way of hiding metadata on DMs. The technique involved simply encrypting a regular nostr event and putting that in another event's content field. The neat thing about this is that not only does this hide some of the most revealing event metadata, it's not tied to a particular event kind — anything can be wrapped.

What this means is that we can build entire "nostr within nostr" sub-networks based on encryption — some between two users, others based on a shared group key. This is much more powerful than a messaging-specific encryption schema. Now we can make private reactions, private calendars, private client recommendations, private reviews. I find this very exciting!

This proposal was further developed by Vitor — the current version can be found here. The latest version introduces double-wrapping, which can help prevent the wrapped event from being leaked by stripping its signature — that "draft" event is encrypted, wrapped, and signed to verify authorship without revealing contents, and then that wrapper is in turn wrapped and signed with a burner key to avoid revealing the author.

Wrapping also makes it possible to randomize the created timestamp to avoid timing analysis, as well as to add padding to a message, reducing the possibility of payload size analysis.

New DMs and small groups

The main subject of Vitor's proposal was a new way to do DMs and small groups using double-wrapping to hide metadata. This works basically the same way NIP 04 did — a shared key is derived and the message is encrypted for the recipient, whose pubkey is revealed publicly so that it can be delivered.

However, Vitor was able to extend this to multiple recipients simply by wrapping the message multiple times, with multiple shared secrets. With the addition of some metadata on the inner event, this makes it possible to define a group where the members know who each other member is, but no one else does.

Large groups

This proposal has one important limitation though — the number of events that need to be signed and broadcast is equal to number of messages * number of members. This is fine with 5, 10, or even 100 members, but becomes infeasible when you reach groups of 1000+ members.

For that, we have two similar proposals, one by @simulx, and one by myself. The differences between the two are not important for this discussion — both use gift wrap as a way to exchange and rotate shared group keys, and both support a weak form of forward secrecy.

As a side note, this is the proposal I'm most excited about, and why I got into nostr in the first place. Private community groups which can support shared calendars, marketplaces, notes, etc., are what I'm most excited to see on nostr.

Shortcomings

The above proposals are great, but of course leave much to be desired. If these are built, nostr will be hugely improved in both security and functionality, with the following weaknesses:

• Deliverability is still an open question — are relay selections enough to ensure recipients get their messages, and no one else does?
• There is no way to create a group whose members cannot dox each other. You must always be able to trust the people you share a group with, and of course, the larger the group, the more people there are that can betray you.
• Content can always be shared outside a group, although in Vitor's small group proposal, the only way to verifiably leak messages would be to reveal your private key.
• Key rotation is not supported by the small groups proposal, but it may be possible to solve it for the entire protocol by building out a name resolution system for nostr.
• Forward secrecy for large groups is weak at best. A key rotation can be triggered at any time, including when a member leaves the group, but unless all relays and all members destroy the key rotation events, it may be possible to decrypt messages after the fact.
• Credential sharing still has to be bootstrapped, meaning at least one encrypted message for each participant may be publicly seen. Of course, credential sharing could also be done out of band, which would largely solve this problem.

What about SimpleX?

Lots of people, including Semisol and Will, have expressed interest in integrating nostr with SimpleX and using their cryptography and transport instead of nostr's.

The first question to answer though, is which protocol should we use? SimpleX is split into a few different pieces: there's the SimpleX Messaging Protocol, which describes setting up unidirectional channels, the SMP Agent Protocol which describes how to convert two unidirectional channels into a bidirectional channel, and the SimpleX Chat Protocol which describes a standard way to send chat messages across a bidirectional channel.

SimpleX Chat Protocol

So far, most proposals to fix messaging have focused simply on DMs, and sometimes on group chat. This is SimpleX's wheelhouse, so it could definitely make sense to communicate that kind of information over SimpleX's top-level chat protocol, and leave nostr out of it entirely.

The downside of this is that it requires clients to support two different protocols, and connect users to two categories of servers. This isn't a deal breaker, but it does increase the complexity involved in writing a full-featured nostr client, especially since there are no implementations of the SimpleX protocol other than (17k lines of) Haskell.

Using SimpleX's chat protocol would also limit the message types we'd be able to encrypt. Anything outside SimpleX's protocol (like zaps for example) would have to be sent using a custom namespace like nostr.kind.1234, which wouldn't be recognized by normal SimpleX clients. There are also areas of overlap where both protocols describe how to do something, for example profile data, requiring clients to choose which kind to support, or send both.

Another wrinkle is that the SimpleX protocol is AGPL v3 licensed, meaning proprietary software would not be able to interoperate, and MIT licensed products would have to abide by their license's terms.

SMP and Agent Protocols

The lower-level SMP and Agent protocols are more promising however, since their scope is narrower, and doesn't overlap as much with nostr's own core competencies. Both are quite simple, and very prescriptive, which should make it easy to create an implementation.

SMP is actually quite similar to some of the proposals mentioned above. Some of the same primitives are used (including XChaCha20 for encryption), and SMP is transport agnostic meaning it could be implemented over websockets and supported by nostr relays. The network topology is basically the same as nostr, except SimpleX doesn't make any assumptions about which servers should be selected, so in that regard nostr actually has an advantage.

The main incompatibility is that SimpleX requires the use of ed25519 and ed448 EdDSA algorithms for signatures, which means nostr's native secp256k1 signature scheme wouldn't be compatible. But this could be ok, since keys shouldn't be re-used anyway, and there are other ways to share a nostr identity.

Forward secrecy?

Whenever a server is involved, several attack vectors inherently exist that would not in peer-to-peer systems. Servers can threaten user privacy by storing messages that should be deleted, analyzing user behavior to infer identity, and leaking messages that should otherwise be kept secret.

This has been used by some to suggest that nostr relays are not a good way to transport messages from one user to another. However, SMP has the same attack vector:

Simplex messaging server implementations MUST NOT create, store or send to any other servers: - Logs of the client commands and transport connections in the production environment. - History of deleted queues, retrieved or acknowledged messages (deleted queues MAY be stored temporarily as part of the queue persistence implementation). - Snapshots of the database they use to store queues and messages (instead simplex messaging clients must manage redundancy by using more than one simplex messaging server). In-memory persistence is recommended. - Any other information that may compromise privacy or forward secrecy of communication between clients using simplex messaging servers.

So whether SimpleX servers or nostr relays are used, privacy guarantees are severely weakened if the server is not trustworthy. To maintain complete privacy in either scheme, users have to deploy their own servers.

Relays to the rescue

Because nostr servers are currently more commonly self-hosted, and more configurable, this makes nostr the better candidate for channel hosting. Users can choose which relays they send messages to, and relay admins can tune relays to only accept messages from and serve messages to certain parties, delete messages after a certain time, and implement policies for what kinds of messages they decide to relay.

All that to say, SMP itself or a similar protocol could easily be built into nostr relays. Relays are not the wrong tool for the job, in fact they're exactly the right tool! This is great news for us, since it means SMP is applicable to our problem, and we can learn from it, even if we don't strictly implement the protocol.

Bootstrapping over nostr

One assumption SMP makes is that channels will be bootstrapped out of band, and provides no mechanism for an initial connection. This is to ensure that channels can't be correlated with user identities. Out of band coordination is definitely the gold standard here, but coordination could also be done over the public nostr network with minimal metadata leakage — only that "someone sent {pubkey} something".

Unidirectional channels

Unidirectional channels are a great primitive, which can be composed to solve various problems. Direct messages between two parties are an obvious use case, but the SimpleX Chat Protocol also includes an extension for groups, defined as a set of bi-directional SimpleX connections with other group members.

This is similar to Vitor's small-group model, and likewise isn't conducive to supporting very large groups, since a copy of every message has to be sent to each group member.

However, it's possible to build large groups on top of unidirectional channels by sharing receiver information within the group and having all participants read from and write to a single channel. In fact, this is very similar to how our large group proposals work.

Conclusion

So, the takeaway here is that SimpleX's lower level protocols are great, and we should learn from them. It may be worth creating a NIP that describes the implementation of their unidirectional channels on nostr, and re-using that primitive in DM/group implementations, or simply following the same general process adapted to nostr.

I'm personally encouraged by reading SimpleX to see that we are headed in the right direction — although many of the details of our proposals have not been fully hammered out in the way SimpleX's has.

As for what the future holds, that's up to the builders. If you want to see tighter SimpleX integration, write a NIP and a reference implementation! I'll continue learning and fold in everything I can into my work going forward.

@ 0adf6747:7f3e5033

Es war einmal ein talentierter Developer namens Max, der leidenschaftlich gerne Code schrieb. Er war jedoch nicht nur ein begabter Programmierer, sondern auch ein überzeugter Bitcoiner und Nostr Nutzer. Für Max waren Dezentralisierung und Freiheit wichtige Prinzipien, die er in allen Bereichen seines Lebens verfolgte.

Eines Tages entschied Max, sein neuestes Projekt auf Github zu hosten, da dies für viele Entwickler die übliche Vorgehensweise war. Doch als er sich genauer mit den Bedingungen und Richtlinien von Github auseinandersetzte, wurde ihm klar, dass dies nicht mit seinen Prinzipien vereinbar war.

Github war ein zentralistischer Host, der von einem einzigen Unternehmen kontrolliert wurde. Max sah darin einen Widerspruch zu den Idealen der Dezentralisierung und Freiheit, die er als Bitcoiner und Nostr Nutzer hochhielt. Er wollte nicht Teil eines Systems sein, das Zensur und Kontrolle ermöglichte.

Entschlossen, prinzipientreu zu bleiben, beschloss Max, Github zu boykottieren. Er suchte nach alternativen Plattformen, die dezentralisiert und frei von Zensur waren. Er fand verschiedene Möglichkeiten, seinen Code zu hosten und seine Projekte mit anderen Entwicklern zu teilen, ohne dabei seine Prinzipien zu verletzen.

Er war begeistert von der Möglichkeit, seine Arbeit in einer Umgebung zu teilen, die von keiner einzelnen Entität kontrolliert wurde. Er fand Gleichgesinnte, die ebenfalls gegen die Zentralisierung kämpften und alternative Lösungen entwickelten.

Obwohl Max anfangs Bedenken hatte, dass er durch den Boykott von Github weniger Sichtbarkeit und Anerkennung erhalten könnte, stellte er schnell fest, dass seine Prinzipientreue ihm eine treue Gemeinschaft von Unterstützern einbrachte. Andere Entwickler, die ebenfalls gegen Zensur und Kontrolle waren, schlossen sich ihm an und unterstützten seine Projekte.

Mit der Zeit gewann die Bewegung gegen die Zentralisierung an Fahrt. Immer mehr Entwickler schlossen sich dem Boykott von Github an und suchten nach dezentralen Alternativen. Die Gemeinschaft wuchs und wurde zu einer starken Stimme gegen Zensur und Kontrolle.

Max war stolz auf das, was er und seine Mitstreiter erreicht hatten. Sie hatten bewiesen, dass es möglich war, prinzipientreu zu bleiben und dennoch erfolgreich zu sein. Sie hatten gezeigt, dass es Alternativen zu zentralisierten Plattformen wie Github gab und dass man seine Prinzipien nicht opfern musste, um seine Arbeit zu teilen.

Die Geschichte von Max und seinem Boykott von Github wurde zu einem Symbol für den Kampf gegen Zensur und Kontrolle in der Entwicklergemeinschaft. Sie erinnerte die Menschen daran, dass es wichtig war, prinzipientreu zu bleiben und für die eigenen Überzeugungen einzustehen, auch wenn es manchmal unbequem war.

Max und seine Mitstreiter hatten eine Lektion gelernt: Sie hatten bewiesen, dass man nicht auf zentralisierte Plattformen angewiesen war, um seine Arbeit zu teilen und mit anderen zu kollaborieren.

@ 78733875:4eb851f2

After announcing our first wave of grants for bitcoin[^fn-btc] and nostr[^fn-nostr] projects, we are pleased to announce an additional wave of grants for open-source projects in the space:

[^fn-btc]: First Wave of Bitcoin Grants [^fn-nostr]: First Wave of Nostr Grants

• BDK
• LNbits
• Watchdescriptor
• Stratum V2 Testing \& Benchmarking Tool
• Fedimint Modules and Resources
• Amber: Nostr Event Signer
• Nostr UI/UX Development
• Nostr Use-Case Exploration \& Education

The first five grants are sourced from our General Fund, the last three—being nostr projects—from our Nostr Fund. This brings the total number of OpenSats grants to 41, adding to the grants we previously announced in July.

Once again, let's take a closer look at each of the projects to see how they align with the OpenSats mission.

---

BDK

Bitcoin Development Kit (BDK) is a set of libraries and tools that allows you to seamlessly build cross-platform on-chain bitcoin wallets without having to re-implement standard bitcoin data structures, algorithms, and protocols. BDK is built on top of the powerful rust-bitcoin and rust-miniscript libraries and adds features for managing descriptor-based wallets, syncing wallets to the bitcoin blockchain, viewing transaction histories, managing and selecting UTXOs to create new transactions, signing, and more. The core BDK components are written in Rust, but the team also maintains Kotlin and Swift language bindings for use in mobile projects. There are also Python bindings, and React Native and Flutter support is being actively developed.

Repository: bitcoindevkit/bdk
License: Apache 2.0 / MIT

LNbits

LNbits is used by a multitude of projects in the bitcoin space, especially as part of their lightning payments stack. Being easy to build on through its extension framework, LNbits has been pioneering various cutting-edge solutions and experiments in the world of bitcoin, lightning, and nostr.

The project has a thriving maker community building various hardware devices such as Lightning ATMs, point-of-sale devices, DIY hardware wallets, and nostr signing devices. The modular design of LNbits makes it attractive to users and tinkerers alike, as its plugin architecture makes it easy to extend and understand.

Repository: lnbits/lnbits
License: MIT

Watchdescriptor

watchdescriptor is a CLN plugin written in Rust that connects a business's treasury wallet to its CLN node. It utilizes cln-plugin and the BDK library to track coin movements in registered wallets and report this information to the bookkeeper plugin.

The plugin enables businesses to design a complete treasury using Miniscript and import the resulting descriptor into CLN. Since bookkeeper already accounts for all coin movements internal to CLN, this plugin is the last piece businesses need in order to unify all their bitcoin accounting in one place. This enables businesses to account for all inflows and outflows from their operations, streamlining tax reporting and financial analysis.

The watchdescriptor project is part of a broader vision to transform the lightning node (particularly CLN) into a financial hub for businesses, enabling them to conduct operations without reliance on any third parties.

Repository: chrisguida/watchdescriptor
License: MIT

Stratum V2 Testing & Benchmarking Tool

The Stratum V2 Testing & Benchmarking Tool allows the bitcoin mining industry to test and benchmark Stratum V2 performance against Stratum V1. The tool supports different mining scenarios to help miners make informed decisions and evaluate their profitability. The goal of the project is to motivate miners to upgrade to Stratum V2, increasing their individual profits and making the Bitcoin network more resilient in the process.

Repository: stratum-mining/stratum @GitGab19
License: Apache 2.0 / MIT

Fedimint Modules and Resources

Fedimint is a federated Chaumian e-cash mint backed by sats with deposits and withdrawals that can occur on-chain or via lightning. It can be understood as a scaling and privacy layer as well as an adoption accelerator for Bitcoin.

The goal of this particular project is to improve the Fedimint UI and develop free and open resources for developers and "Guardians" to enable more people to run and develop on Fedimint.

Repository: fedimint/ui @EthnTuttle
License: MIT

Amber: Nostr Event Signer

Amber is a nostr event signer for Android. It allows users to keep their nsec segregated in a single, dedicated app. The goal of Amber is to have your smartphone act as a NIP-46 signing device without any need for servers or additional hardware. "Private keys should be exposed to as few systems as possible as each system adds to the attack surface," as the rationale of said NIP states. In addition to native apps, Amber aims to support all current nostr web applications without requiring any extensions or web servers.

Repository: greenart7c3/Amber
License: MIT

Nostr UI/UX Development

The goal of this project is to help improve the UI/UX of major nostr clients, starting with Gossip and Coracle, emphasizing the onboarding process as well as usability and accessibility. One part of onboarding is solving the discoverability problem that nostr has in the first place. Solving the problem of jumping in and out of the nostr world is what motivated the development of njump, which was redesigned as part of these efforts and is now live at nostr.com.

In addition to client-specific improvements, generic design modules and learnings will be incorporated into the Nostr Design project for others to use.

Activity: github.com/dtonon @dtonon
License: MIT

Nostr Use-Case Exploration & Education

As of today, most nostr clients implement social media applications on top of the nostr protocol. However, nostr allows for various use cases, many of which go beyond social media. Two examples are Listr and Ostrich, a list management tool and job board, respectively.

In addition to use-case exploration, this project will continue to educate users and developers alike, be it via Nostr How or various video series, e.g., explaining how to build upon NDK.

Activity: github.com/erskingardner @jeffg
License: MIT / GPL-3.0 / CC BY-NC-SA 4.0

---

We have more grants in the pipeline and will provide funding for many more projects in the future. Note that we can only fund those projects which reach out and apply. If you are an open-source developer who is aligned with our mission, don't hesitate to apply for funding.

@ 7f4f672a:c184579e

This week I joined Buildspace's "Nights & Weekends" - a free online school for people to work on an idea and develop it over 6 weeks, with feedback and mentorship along the way. The first days are dedicated to ideation and the tricky question of what to work on. This came at a timely moment for me - I'd recently read a great book that upended how I thought about ideas and goals.

In the months prior, I was forcing things; planning, mind-mapping, ideating, following all the usually prescribed "steps" to the epiphany. Nothing was working, previous projects had ran their course, while I was unsure what my next one would be. I'd attempted a few projects in spaces I thought would lead to success & business, but nothing was capturing my enthusiasm, and unsurprisingly, nothing worked. By late June, I'd had enough. In a chance encounter, I came across a book which clarified and expressed an intuition I felt I had on some level over the previous months.

Why Greatness Cannot Be Planned by Stanley & Lehman breaks apart the mainstream paradigm of goal-setting and 'good' ideas, which they say has mired many creators, particularly in the tech space; where product-market-fit, the customer development model, and ultra-rational approaches are dogma. The book immediately draws in the reader, with the revelation that you cannot plan for great, ambitious projects and goals:

They ignore the value of following a path for its own uniqueness, rather than for where it may lead.... ...... great discoveries are lurking just beyond our fingertips, if only we can let go of the security blanket of the objective. Sometimes the best way to change the world is to stop trying to change it - perhaps you've noticed your best ideas are often those you were not seeking.

The Search-Space

The authors introduce us to the abstract "search-space" - think of it as a vast room where all ideas & possibilities exist. We explore this room when we ideate; I imagine it to be an infinite space, bright, but with a dense fog. All the unfound ideas of the world are in this room - if we traverse it well, we can discover them. The cure for cancer, fusion energy, new surgical procedures, your next favourite song - are all in this room. We navigate through it step by step, starting at one idea, and from there we can see our next. The authors warn us that the pathways to really ambitious goals are non-obvious and impossible to predict when we are in the search-space.

They use the example of the ambitious goal of building the first computer. In the early 19th century this was attempted by Babbage , however this idea was ahead of it time and what really led to the implementation of modern computers was something completely unrelated - vacuum tubes. Those who set out to build vacuum tubes had no intention of building computers (they needed them for something else), and anyone in the search-space trying to build a computer would not have started by building vacuum tubes. It could never have been planned and was non-obvious from the start! An interesting insight and a perfect example of the nuances of the search-space.

Navigating & False Compasses

So instead of a grand plan, it is better to just start on a stepping-stone (an idea), and let new stepping-stones (more ideas) come into view. Our goal then becomes collecting stepping-stones to traverse the search-space, rather than reaching for a stepping-stone miles away with no discernible path towards it. Even if we thought we had a path, the authors warn that this is often a false compass - for ambitious goals it’s never obvious.

A goal of starting a successful tech company is ambitious, and with my old beliefs, I would only have followed ideas I thought could get me there - niche markets, business solutions ; all that obvious boring, over-thought, and contrived nonsense (which I believe is particularly prevalent on social media today via tech and business influencers). Now, I realise that that will never work. Unwittingly, I had limited myself to a confined area of the search-space, putting up walls made of my false beliefs about success and goals. I could not see, or would not see, stepping stones close by which did actually have my curiosity - but didn't make sense in the "grand plan" - Why would I make a music lyrics web app or write essays no one will read when there's no clear market or business model ? So I didn't - instead I tried things which had neither my curiosity nor interest. I was barking up the wrong tree. Then, I looked back and realised that my most successful project (if a few 100 users and some national attention is success) came from something that I was interested in which had no obvious business potential - a public good website for listing vacant and derelict properties in Ireland - www.dog-house.ie . That project is still not a business, and has not led to one property renovation, but it did raise awareness - which was all the original stepping stone was.

Lost & Found

The penny had dropped, I was lost in the search-space, and needed to get back to basics. My resolution was simple: stop trying so hard - just follow my curiosity and genuine interest. Adopting this new mindset led me to Nostr, and the work being done in the space using Bitcoins Lightning Network. For those new to Nostr - it's a new technology for social media & communication in general, a place where you own your social experience. Users can keep followers, posts, likes, and replies across platforms & apps. Some people won’t care, but for creators - this is a key innovation. You can view Nostr messages through clients. Clients are websites/apps that connect to the Nostr network. Think of them like different doors to the same room – your content and followers stay the same, whichever door you choose.

Exploring the stepping stones nearby, I found one which suited my interests and was something I would use - making an Obsidian plugin to publish long-form content seamlessly to Nostr (this essay came from that!). From there, I saw the potential for writers on Nostr; keep your audience, monetise easily, no platform dependency or lock-in, content ownership - the perfect place to publish. Then, the next stepping stone came into view - I decided to start publicly sharing some work I had written. This was something I'd wanted to do for a while but had never found the courage to do so. As the audience and visibility on Nostr is low today it helped me click publish and get off the mark - another serendipity on this trail of stepping stones! Finally, I'd discovered some long-form Nostr clients and enjoyed reading articles and posts on them. On Nostr, you can publish short-form Twitter like messages or long-form material; essays, blogs posts, reviews, op-eds, etc. The next stepping stone came into view - maybe I could build a long-form Nostr client that curated and displayed content in a novel way.

So, off the back of learning about this new space, and publishing written content to it, I decided this would be a fun thing to try and build over the next 6 weeks of "Nights & Weekends". The idea is still forming, and who knows where the next stepping stone will lead, but it feels like a relief to adopt this new approach and traverse the search-space care-free, knowing now that great things cannot be planned, and that, with some luck, serendipity would find me along the way.

---

References/Resources: Why Greatness Cannot Be Planned by Kenneth O. Stanley & Joel Lehman https://buildspace.so/nights-weekends

ideas #tech #buildOnNostr #bookReview

@ c7c59790:8cea49eb

Nostr, which stands for “Notes and Other Stuff Transmitted by Relay”, is a decentralized, censorship-resistant social protocol. Nostr is a place where we all escape from darkness and achieve peacefulness.

Nostr has 3 main components; clients, relays, and users. Unlike Twitter where backend servers are controlled by a group of people, anyone and everyone can run relays to maintain Nostr protocol. Clients (web, mobile, desktop apps) fetch data from relayers and send new data from users to relayers. In other words, relays act like the backend server for Nostr. Relayers doesn’t communicate each other.

For example, if Bob use Relay-A and Ken use Relay-B, Bob can’t see Ken. But if Bob use Relay-A and Relay-B, Bob can interact with Ken. That’s why it is best to use multiple relays.

Each user has a pair of public and private keys; generally public keys start with ‘npub’ and private keys start with ‘nsec’. Public key act like username and private key act like password. But private key can’t change like normal password. So, it is best to store private key in safe place.

Since Nostr is the decentralized social protocol which no single people have control, it is not a good idea for each developer to solve common issues with different own solutions and implement it in their own app only. NIP, Nostr Implementation Possibilities, exist to coordinate the process. Currently there are 99 NIPs.

This is my first content about basic understanding of Nostr. Hope u enjoy it.

@ 9ecbb0e7:06ab7c09

Un joven cubano pidió ayuda urgente a través de redes sociales para encontrar donante de sangre para una embarazada que necesita una transfusión sanguínea de O negativo.

"Lo pago al precio que sea, es para una embarazada a punto de parir o morir, 54508011, llámenme, que la decisión quede de parte de ustedes...Dios los bendiga", escribió en su perfil personal de Facebook Yudenys González Loyola.

En el apartado comentarios a la publicación -hecha este 14 de agosto- una comentarista sugirió que compartiera la petición en varios grupos de Facebook en aras de ganar visibilidad.

Yudenys no precisó en qué provincia reside la embarazada necesitada con urgencia de una transfusión de sangre. No obstante, según sus redes sociales, el joven reside en Camagüey.

La escasez de sangre en Cuba se ha convertido en uno de tantos problemas en la isla. Los hospitales tienen una absoluta carencia de reservas de sangre.

En los últimos años cada vez más los ciudadanos recurren a las redes sociales para encontrar quien pueda poner a salvo sus vidas o las de sus familiares con donaciones voluntarias.

A inicios de enero, una cubana necesitada de una transfusión de sangre murió en La Habana. En ese caso la sangre era para una mujer que tenía la hemoglobina muy baja y no podía esperar un minuto más para ser transfundida.

A finales de julio, una maestra residente en La Habana pidió ayuda en redes sociales para conseguir donantes de sangre para su hermana, paciente de leucemia.

También por esas fechas, una periodista del periódico oficialista Girón pidió ayuda para su abuela, quien necesitaba una transfusión de sangre en Matanzas.

Incluso los médicos recurren a Facebook para intentar conseguir donaciones para sus pacientes. Tal fue el caso del doctor Juan Pablo Gurri Fuentes, quien en septiembre del pasado año recurrió a su cuenta de Facebook para solicitar donantes de sangre para tres pacientes ingresados en su hospital, el Calixto García, en La Habana.

Datos de la Oficina Nacional de Estadísticas e Información (ONEI) muestran que entre 1990 y 2019 el número de donantes de sangre en Cuba disminuyó de forma significativa, pasando de aproximadamente 389 mil a 209 mil al año.

Angustiados por la urgencia, algunos cubanos necesitados de sangre para un allegado no dudan en proponer dinero a cambio de una donación.

@ 9ecbb0e7:06ab7c09

El dólar implantó este miércoles un nuevo récord en el mercado informal cubano, al subir un peso en relación con el día anterior, y alcanzar los 250 pesos en el mercado informal por primera vez.

El hecho agudiza la grave crisis que aqueja a la moneda nacional, que viene hundiéndose desde hace meses en el abismo de la devaluación.

En lo que respecta al euro y la moneda libremente convertible (MLC), mantienen este 16 de agosto sus valores del martes, en 255 y 215 CUP, respectivamente.

Según la tasa publicada este 16 de agosto por el medio digital independiente elTOQUE, en el caso del dólar se llegaron a reportar en las últimas 24 horas ofrecimientos de compra por un mínimo de 245 pesos y un máximo de 250 en la venta.

En el caso del euro la mediana fue de 252 CUP en la adquisión y de 255 en la venta.

Para el MLC no hubo oscilación de precios, y se situó en 215 CUP tanto la compra como la venta de la moneda.

@ 9ecbb0e7:06ab7c09

El Ministerio de Salud Pública de Cuba (Minsap) emitió una alerta para la provincia de Guantánamo, en el extremo más oriental de la Isla, debido al aumento de los casos de cólera que se viene registrando en los últimos días.

Aimeé Blanco, líder del departamento de Enfermedades Trasmisibles en el Centro de Higiene, Epidemiología y Microbiología de Guantánamo, comentó que activaron un puesto de mando para chequear las medidas preventivas dirigidas a salvaguardar la salud de la población.

Una de las principales acciones es arreciar al control en las fronteras, pues los especialistas refieren que la enfermedad está siendo introducida al país desde naciones vecinas que reportan en la actualidad un aumento en la incidencia del cólera.

Los viajeros son sometidos a quimioprofilaxis, recibiendo una dosis de doxiciclina como parte de los controles sanitarios internacionales. Además, se les brinda vigilancia clínica a través del sistema básico de salud desde su llegada a Cuba y hasta dos semanas después.

La prioridad es la detección temprana de cualquier síntoma que se sospeche que haya sido provocado por el bacilo Vibrio cholerae. De acuerdo con Aimeé Blanco, en el territorio hay tests rápidos para confirmar el diagnóstico y tomar medidas de manera inmediata.

Los mismos exámenes se realizan a los pacientes que llegan a los cuerpos de guardia con signos de deshidratación, según el protocolo establecido para enfrentar enfermedades diarreicas agudas. Lo anterior sin importar que hayan salido de viaje recientemente.

La enfermedad del cólera ha sido históricamente asociada con brotes epidémicos y se caracteriza por la aparición repentina de diarrea acuosa y vómitos intensos. Se transmite principalmente a través de la ingestión de agua o alimentos contaminados con heces infectadas por la bacteria, lo que lo convierte en un problema de salud pública en áreas con condiciones de saneamiento deficientes.

Los síntomas del cólera suelen manifestarse en un período que varía entre unas pocas horas y cinco días después de la exposición a la bacteria. La diarrea acuosa profusa es uno de los síntomas más característicos, y puede ser tan intensa que lleva a la deshidratación y a la pérdida rápida de electrolitos esenciales. Además, los pacientes pueden experimentar vómitos, calambres abdominales y, en casos graves, shock y colapso circulatorio.

El tratamiento oportuno se basa en la rehidratación oral o intravenosa con el objetivo de restaurar el equilibrio de líquidos y electrolitos en el cuerpo. Se utilizan soluciones de rehidratación oral que contienen agua, sales y azúcares para tratar la deshidratación y reponer los nutrientes perdidos. En casos más graves, se pueden administrar fluidos intravenosos.

La prevención del cólera se centra en medidas de higiene y saneamiento adecuadas. Evitar el consumo de agua no tratada y alimentos crudos en áreas de riesgo, lavado frecuente de manos con agua y jabón, y tratamiento adecuado de aguas residuales son estrategias clave para prevenir la propagación de la enfermedad.

@ d030bd23:96435da9

"Power of a study represents the probability of finding a difference that exists in a population".

simply put, it tells how strong is the validity of the finding of your sudy. Power depends on 3 main factor: significance level, effect size and sample size.

significance level is pretty straightforward. We decide it anyway. Thus, it is a no brainer why clinical trials tend to use very low p-levels.

You cant really control effect size. It is an after effect that you only gain after data collection.

But sample size, this is one curious bit. Probability sampling, as its name implies, is a process of taking a sample at random to represent the said population. Once, I heard that at times, probability samplings are better than universal sampling. I wonder, how can a sample of "somethihg" is better than the actual thing? The answer lies in missingness. Missingness is a situation where a data or part of a data is not available. Think of a study about relationship between lifestyle and heart disease. Body Mass Index is important and if it is missing, it will be a problem. when many data is lost from a universal sampling, it reduces the universality of the study, decreasing its power. If the missingness is significant, e.g. more than 30%, it might be better to put them as an exclusion criteria and choose random sampling instead. sure, it will stiffen study generalizability later, but it improves the power.

@ 78733875:4eb851f2

We're delighted to announce Josi Baker as our newest LTS grantee.

Josi will receive long-term support from OpenSats for his continued work on Bitcoin Core. His work will consist of pull-request reviews,[^fn-reviews] supporting major release cycles, and his own contributions.[^fn-prs]

[^fn-reviews]: PR reviews by @josibake [^fn-prs]: PRs by @josibake

In the next couple of months, Josi plans to work on the libbitcoinkernel project as a reviewer, tester, and contributor. The libbitcoinkernel project is an attempt at modularizing the Bitcoin codebase and extracting consensus logic into something other applications can reuse. This has a number of benefits, namely improved testing and code separation of consensus code within Bitcoin Core and enabling application-specific programs to be written outside of the Bitcoin Core project with increased confidence these applications will be in consensus.

In addition to his work on Bitcoin Core, he will continue to work on BIP-352: Silent Payments, focusing on adoption in wallets outside of Bitcoin Core and supporting mobile clients.

Silent Payments are a privacy and UX improvement for Bitcoin wallets that allows static, reusable payment codes without address reuse. The key improvements over existing reusable payment code solutions are improved privacy for the sender and receiver due to eliminating the need for a notification transaction and no additional cost for senders. The proposal also separates sending and receiving, which enables broader adoption. These improvements are particularly relevant for activists wishing to use Bitcoin as a means of raising funds in a private and censorship-resistant way.

The mission of OpenSats is to support and maintain a sustainable ecosystem of funding for free and open-source projects and contributors, especially Bitcoin-related projects and projects that help Bitcoin flourish. Regular contributors reviewing and maintaining Bitcoin Core are critical to the project's continued success. Sustainable funding allows contributors to build expertise over multiple years, which is why we introduced the OpenSats LTS program.

You can apply for the program here:

• opensats.org/apply/lts

Support for Josi's work is sourced from our General Fund and made possible by generous donors like you. If you would like to support work like Josi's, consider donating to the fund.

@ e6817453:b0ac3c39

By Volodymyr Pavlyshyn

Hello, folks! Today, we're diving deep into the world of wallets, specifically crypto wallets. I've previously discussed the differences between hot wallets, cold wallets, agents, hubs, and other components actively used in Self-Sovereign Identity (SSI). However, today, we're focusing solely on wallets.

What is a Wallet?

A common misconception is that your wallet holds your assets, NFTs, ABCs, and all things crypto. In reality, your wallet is your key management assistant, primarily responsible for managing your private keys and, in some cases, timing. Hence, the term 'wallet' is somewhat misleading. It would be more accurate to call it a signer, keychain, or key master.

The Problem with Wallets

The adoption of SSI and crypto comes with a significant responsibility: managing your private key. If you lose the key, you lose everything. This creates a huge usability problem as there's no way to recover or have a recovery system in place.

The most popular approach to wallets is based on the idea of using a 'seed' instead of keys. This seed is a form of entropy from which you can deterministically generate private keys. This concept was sold as a secure method, with the Bitcoin standard BIP 32 outlining how to convert the seed into multiple different keys of different types.

The Issue with Seeds

However, the question arises: how do you keep the seed secret? How do you recover it? The common solution is to convert your binary entropy into a mnemonic phrase, giving you 12 to 24 words that you need to memorize. But this method has failed spectacularly.

The hierarchical wallet, which is essentially a wallet at its core, has a significant flaw: if you lose the seed, you lose multiple private keys. This is one problem. Another issue is that it works well for one type of cryptography. If you want to combine one key from Bitcoin with another key from more modern chains like Solana, you lose the possibility because of the different cryptography involved.

The Limitations of Hierarchical Wallets

Hierarchical wallets were a cool concept that simplified a lot and allowed you to just memorize a phrase and manage multiple keys. However, it created a single point of failure, a lot of limitations, and the main problem of the hierarchical wallet is the process of recovery, or rather, the lack thereof.

The Quest for the Perfect Wallet

So, what's the best wallet in the world? It's one that the user doesn't even know exists. If we can create a seamless experience for the user, where they don't even realize they have some magic wallet, that would be a success. But what about recovery? What can we do there?

Multi-Part Computations (MPC)

The first idea was multi-part computations, where you split your private key into multiple sub-keys that need to come together to form a quorum. For example, you split it into ten parts, but to get the signature, you need six parts. This off-chain approach allows you to distribute cryptographic materials over the wire, and different people need to come together in some quorum to sign the transaction. However, the problem with MPC is that it's off-chain, and many threshold signature algorithms are not compatible with each other. Currently, we lack a standard that allows us to do this.

Multisig

Another approach, quite similar to the previous one, is multi-signatures or multisig. This is not a new concept. If you're a Bitcoin user, you knowthat you can build an unlocking script that requires the same scheme. For example, in the Lightning Network, you need two of two signatures to unlock the transaction. The idea is simple: you have multiple independent private keys, but you need several of them to unlock the wallet or sign the transaction.

Smart Contracts as Wallets

The majority of multisigs are smart contracts, so the cost of these operations can be high. It usually requires multiple operations. Some networks require you to have some kind of smart contracts, and we will talk about smart contracts as wallets in a moment. But the idea is simple: you have multiple keys, you can distribute them over the wire, and have social recovery.

Account Abstraction

The Ethereum folks came up with the concept of account abstraction. This means that your account and the signing of your transactions can be managed by a smart contract. This changes a lot, including how we validate signatures and operate with accounts. With account abstraction, you have a programmable way of managing your account, signing your transactions, and it could still be social recovery, multisig, or you could create your own programmable concept that will allow you to manage transactions, sign transactions, and manage keys.

Programmable Key Pairs (PKP)

If you don't have such things in your blockchain or maybe you're completely off-chain, you could look at the LIT protocol. The guys there have a quite cool idea of programmable key pairs (PKP) as some kind of NFT. This means that you could mint the key, manage the keys like NFTs, and it's more blockchain-independent, so you could port the programmable key pairs to different networks.

Seedless Wallets

All these things like multisig, MPC, PKP, and others revolve around the concept of seedless wallets. In seedless wallets, you don't have a seed, but you have a different programmable mechanism that allows you to recover your wallet easily.

Conclusion

The world of wallets is complex and ever-evolving. As we continue to innovate and explore new ways to improve security, usability, and recovery, it's crucial to stay informed and understand the mechanisms at play.

If you're doing something in the space of wallets, recovery, security, or usability of Web3 solutions, I'd love to hear from you. I'm always ready to share my knowledge, provide consultation, and collaborate on building something new.

Remember, the best wallet is one that provides a seamless user experience, robust security, and easy recovery. As we continue to innovate in this space, I'm confident that we'll get closer to this ideal.

@ d34e832d:383f78d0

Financial Freedom Through Bitcoin Innovation, Choosing the Better Money System

The struggle for economic soverignity is intrinsically tied to one's ability to communicate and transact freely from a place of empowerment. When communities lack channels for secure self-determination, they find their voices muted in debates crafting tomorrow. Fortunately, emerging technologies unveil hope.

Bitcoin offers a monetary base disconnected from the capricious whims of central authorities, insulating citizens from predatory currency manipulation so detrimental to stability. Though nascent in my local community, its open framework invites perpetual progress.

Lightning wallets epitomize this iterative spirit, bringing satoshis within easier grasp of all. Their intuitive interfaces streamline micropayments at stellar throughput, permissionlessly weaving together farflung peers in reciprocal exchange.

No intermediary extracts tolls from cross-border flows; no border bars trade between kindred spirits. Instead, nodes form an emergent infrastructure beholden only to its users. With each adoption, autonomy spreads in an unstoppable contagion of empowerment.

For independence begins in mind and spirit, finding expression through tools that uplift. Bitcoin redraws the realm of possibilities, restoring people as protagonists of their own destinies. Though challenges remain, commitment to inclusive innovation ensures its promise touching all shores.

Let decentralized proof of work coordination supplant centralized control, guiding progress with compassion instead of coercion. When communities arm themselves with financial self-determination, exclusion loses power over imagination. A brighter future blossoms from the ground up.

Lightning is Amazing

The struggle for financial freedom is inherently linked and woven with the pursuit of independence. When marginalized communities lack access to secure and unfettered communication channels, they are denied a voice in the very discourse that shapes our collective future. So what are some tools, an individual can use to power themselves and their community to self sufficency?

Bitcoin Lightning wallets represent the next generation of Bitcoin storage and transaction management. These sleek and user-friendly apps allow users to send and receive bitcoins quickly and securely, all while benefiting from the speed and low fees of the Lightning Network. With the ability to seamlessly interact with the network and enjoy fast confirmation times, Lightning wallets are revolutionizing the way we think about cryptocurrency transactions. And with a wide range of options available, there's sure to be a Lightning wallet that suits your unique needs. Recommendations for top Lightning wallets include

Alby

Muun

BlueWallet

CoinOS

Phoenix

Zeus LN

Lightning Bots

LightningTipBot

These tools have been in my toolkit for over a year, providing operational abstraction of channels and hops directly into web/desktop/node interfaces.

---

1. Financial independence: Accepting Bitcoin payments for products and services can provide a degree of financial independence from traditional banking systems and payment processors. 2. Decentralized ownership: Open source projects can have decentralized ownership structures, allowing contributors to have a say in the direction of the project. 3. Transparent funding: Bitcoin transactions are transparent and publicly visible, which can help build trust with customers and investors. 4. Security: Bitcoin's blockchain is a secure ledger that records transactions in a tamper-proof manner. 5. Global reach: Bitcoin can be sent and received anywhere in the world, without the need for intermediaries like banks or payment processors. 6. Potential for high growth: The Bitcoin market is still relatively small, but it has the potential for high growth as more people and businesses adopt digital currencies and signature schemes.

@ 4e00c412:04107886

Mi scuserà di certo Albert Einstein per aver completamente prima decontestualizzato e poi ricontestualizzato nel mondo Bitcoin una delle sue frasi più celebri. Quella a cui mi riferisco in questo post è proprio la difficulty di Bitcoin, visto che parliamo di mining, del suo funzionamento e appunto delle opportunità a esso legate.

Bitcoin Mining: Overview

Con il termine mining si intende il processo di verificare e aggiungere nuove transazioni, sotto forma di blocchi alla timechain di Bitcoin.

Coinvolge una rete decentralzzata di “computer” che competono per risolvere un problema matematico complesso tramite un meccanismo di consenso noto come Proof-of-Work (PoW). I miners usano il loro “potere computazionale” per trovare una soluzione, e chi tra loro la trova la aggiunge insieme alle transazioni verificate alla timechain. Il “vincitore” viene ricompensato con “nuovi bitcoin” e con le fees legate alle transazioni.

Questo processo assicura l’immutabilità della rete e previene il double spending.

Bitcoin Mining: Il processo

Il processo inizia con i miner che raccolgono le transazioni pendenti e le organizzano in blocchi. Queste transazioni rimangono in mempool finché non sono validate. Ogni blocco contiene un insieme di transazioni e un riferimento, hash, oltre alla sequenza temporale, al blocco precedente. Per aggiungere un nuovo blocco alla timechain i miner devono risolvere un problema computazionale.

I miner devono cioé trovare un valore specifico, nonce, che produce un hash con proprietà specifiche quando combinato con i dati del blocco. Trovare questo valore richiede una significativa spesa computazionale e una volta che un miner lo ha trovato lo diffonde alla rete così da poter permettere agli altri miner di verificarlo. A differenza della risoluzione del problema l’operazione di verifica è immediata e computazionalmente lineare.

La rete dei miner è sottoposta dal Protocollo a un meccanismo di consenso per maggioranza che in caso di “biforcazioni” alla timechain, quando due miner trovano la soluzione quasi in contemporanea e la diffondono, premia la catena più pesante cioé quella con più Proof-of-Work (e non la più lunga).

La partecipazione dei miner al processo è incentivata, attraverso la teoria matematica dei giochi, dalle block rewards e dalle fees legate alle transazioni. La prima transazione di ogni blocco, detta coinbase transaction, estrae nuovi bitcoin e li invia al miner che ha aggiunto il nuovo blocco.

Bitcoin Mining: Hardware

Nel primo periodo di vita di Bitcoin era possibile effettuare il mining usando le normali CPU dei computer: bastava scaricare il client Bitcoin e usare il potere di calcolo della CPU per risolvere il “puzzle computazionale”. D’altronde la difficoltà risultava piuttosta bassa e la rete non ancora molto estesa.

Fortunatamente, o sfortunamente a seconda dei punti di vista, al crescere della rete e di conseguenza della difficulty, il mining si è tramutato in un vero e proprio business che ha portato allo sviluppo di hardware dedicato al compito sempre più efficiente sia dal punto di vista energetico che da quello computazionale.

A partire infatti dal 2013 le CPU e le GPU, schede grafiche per intenderci, furono via via sostituite dagli ASICs (Application Specific Integrated Circuits) cioé delle macchine disegnate specificatamente per il Bitcoin Mining efficienti dal punto di vista energetico e con un alto hash rate (il numero di hash prodotti, soluzioni al problema, in genere misurati al secondo). Oggi siamo nell’ordine di più di un centinaio di Terahash, Th, al secondo.

Alternativa agli ASICs potrebbero essere le FPGAs (Field Programmable Gate Arrays) molto più efficienti di CPUs e GPUs ma sicuramente molto più complesse nell’impianto e nella customizzazione del codice.

Bitcoin Mining: Software

Così come per l’hardware, i miner spesso usano del software specifico per il mining che consente loro di connettersi alla rete Bitcoin. Questo software si occupa di tutto: si connette alla rete, riceve transazioni e blocchi, e naturlmente fa tutti i calcoli necessari alla prova di lavoro in base alla difficoltà richiesta.

L’alternativa per molti miner è entrare a fare delle mining pool, che sono appunto gruppi di miner che condividono il proprio potere di calcolo, hash, nella speranza di “trovare un blocco”. I rewards ottenuti sarebbero minori perché appunto eventuali fees e block rewards sarebbero divisi tra tutti i partecipanti della pool in rapporto alla quantità di lavoro fornita (in genere il termine “tecnico” usato è shares).

Bitcoin Mining: cos’altro?

Oltre a hardware e software, il mining richiede una connessione a internet stabile, dello spazio, le conoscenze necessarie per mantenere operativo il setup e molta corrente elettrica.

Senza una connessione internet stabile non si va da nessuna parte e l’uso di una consistente quantità di energia elettrica richiede un buon sistema di raffreddamento. Considerata la difficulty raggiunta di spazio per contenere gli ASICs ne servirà parecchio. Un’adeguata manutenzione risulta necessaria per mantenere “l’investimento” efficiente e profittevole.

Ultimo ma non ultimo un wallet Bitcoin a supporto. La scelta cadrà su un hardware wallet (cold) o un software (hot) wallet.
Ricordiamo che un wallet è detto cold se disconnesso e offline mentre è detto hot se connesso a intenet. I cold wallet sono in genere più complessi da usare ma più sicuri, discorso opposto per gli hot.

Bitcoin Mining: si guadagna davvero?

Domanda lecita quando si vuole intraprendere un nuovo business e rapportare l’investimento con il suo ritorno.
La risposta ovvia è: dipende. Da diversi fattori tra l’altro tra cui il valore attribuito ai bitcoin dal mercato, l’hash rate, il consumo di energia e il suo costo, i famigerati costi di gestione, dai rewards per blocco e dalle fees sulle transazioni (i miner ringraziano gli ordinals).

Tra tutti l’aspetto che qui più ci interessa è quello legato alle block rewards e all’emissione monteria pre-stabilita dal Protocollo.

Il miner, o la pool, che mina un blocco è ricompensato dalla block subsidy corrente, nuovi bitcoin emessi, e dalle fees legate alle transazioni contenute nel blocco. Queste due componenti insieme costituiscono la block reward.

Attualmente la block subsidy è fissata da Protocollo a 6.25 bitcoin per blocco e si riduce ogni 4 anni tramite il meccanismo by design di halving.
In pratica ogni 4 anni il Protocollo stabilisce il dimezzamento della subsidy dovuta ai miner per ogni nuovo blocco riducendo dunque l’emissione monetaria comunque fissata dal CAP di 21M di bitcoin.
Il prossimo halving avverrà nel 2024 -ogni 210k blocchi- e porterà la subsidy a 3.125 bitcoin per blocco.

Visto che la subsidy scende nel tempo i miner dovranno da una parte puntare alle fees sulle transazioni per mantenere il proprio business profittevole dall’altra alla scelta di fonti energetiche economiche e di hardware sempre più efficiente.

Nel mezzo delle difficoltà nascono le opportunità

Una delle innovazioni più importanti introdotte da Bitcoin è sicuramente l’aggiustamento automatico della difficoltà -nel ricercare il nonce- che serve al Protocollo per mantenere costante il tempo di generazione del blocco e assicurare la sicurezza e stabilità della rete. Avviene ogni 2016 blocchi, più o meno due settimane, e si basa sul potere computazionale della rete meglio noto come hash rate. Così facendo il tempo di blocco resta costante nell’intorno dei 10 minuti.

Per intenderci, la difficoltà aumenterà quando i blocchi sono minati più velocemente rispetto al target dei 10 minuti (hash rate più alto): così facendo sarà più difficile trovare la soluzione e i blocchi saranno aggiunti più lentamente. Viceversa, se i blocchi sono minati molto lentamente, la difficoltà diminuirà (hash rate più basso) così che la soluzioni, e i blocchi, potranno essere trovate più velocemente.

Potremmo dire che l’aggiustamento automatico della difficoltà democratizza la rete Bitcoin evitando che pochi miner possano prenderne il controllo oltre a renderla più sicura contro eventuali attacchi.

Bitcoin Mining: 2140

Neanche a dirlo i miner sono stati e continuano a essere parte integrante del processo di crescita del Protocollo. Attraverso il mining le persone partecipano direttamente all’ecosistema, paretcipazione attiva, e assicurano comunque futuri sviluppi del Protocollo.

Ovviamente ci sono tutta una serie di fattori che “gravano” sul futuro del mining primo di tutti l’halving ricorrente ogni 4 anni….

…Fino al 2140 quando gli ultimi sats saranno emessi e poi? Resteranno davvero solo le fees legate alle transazioni? Quasi certamente si.

Saranno sufficienti?

Ok la bassa preferenza temporale, ma tempo al tempo. Ne riparliamo nella seconda parte di questo post fra un centinaio di anni.

@ 908d47b6:a2bf38ad

Earn cryptocurrencies they easy way

This will surprise you now: You can earn cryptocurrencies and do not have to make any financial investment. The possibilities range from mining over learning to gaming. Here we regularly show you new earning opportunities.

The great thing about it, as already mentioned, is that you don't have to make any financial investments. In addition, you can use most of the earning opportunities that we present to you here on your smartphone. If these aren't already unbeatable reasons to finally start earning cryptocurrencies... then what?

In the course of our journey to earning crpyto we will also take away your fear of wallets and explain to you in a simple way how to set up a wallet and what you should consider when doing so. We also provide you with other sources where you can get more information.

Why following us?

Bitcoin Earner was created to take away your fear of cryptocurrencies by giving you a free start into the world of bitcoin and cryptocurrencies. Many people who have their first contact with blockchain and cryptocurrencies through investment and the loss of their money are permanently deterred. However, the underlying technology will be used in more and more areas - so why not prepare for it now?

If you earn bitcoin and cryptocurrencies with us, then you get in very slowly and get to know the matter and the technical world in the background much better. In addition, you do not need to be afraid of losing your savings or family allowance through a wrong investment.

Let's not fool ourselves: You cannot make a living with the earning opportunities we have mentioned. You will also not generate passive income that allows you to travel the world. However, you will learn to have a higher time preference. You will carry out first transactions on different blockchains. Maybe you will also buy or sell your first NFT? But you will learn to stack sats and be humble. Dont gamble your hard earned coins to multiply them. In any case, we look forward to your comment and how you came across us.

@ f60140bb:3a5cd904

Flycat is a client-side software without introducing backends or database setup. the idea is to keep it effortless for users to self host. It mainly use React Nextjs framework in typescript lang.

Branch

• master branch is the one for production development. Every commit merged in master branch will push new release alive.
• develop branch is only used for feature involved with tons of works and needs to be tested before release to production.

How to run

Nodejs >= v18.12.1 yarn >= 1.22.19

```sh git clone https://github.com/digi-monkey/flycat-web.git cd flycat-web yarn

development

yarn dev

build for release

yarn build ```

For self-host, check out How to deploy to vercel

Code structure

• TODO

Release

Once a week, we release a regular update version. For hotfix, a instant minor version will be roll out once fixed.

We use project kanban to manage the development and release. every week, we gather the things we want to do in this kanban and release a new version at the end of that week.

Contributing

A good way to start contributing is to check the github issues labeling with good first issue.

Design Call

Every week, right before a regular release iteration start, we host a regular design call meeting, the meeting is fully open. anyone can join and discuss if they want.

The meeting is mainly focus on:

• things planning to ship in that week
• new contributors self-introduce, asking question about the project or development
• users feedback

The meeting is tentatively scheduled for 1:00 PM UTC+8 hosted on meet.jit.si. Check out flycat official account for meeting link.

@ d030bd23:96435da9

Pengenalan

Imej1: Logo Bitcoin Core bewarna jingga, logo Bitcoin Cash bewarna Hijau

Bitcoin Cash bukan Bitcoin! ni asas yang wajar difahami oleh pengguna baharu dalam dunia aset kripto.

Bitcoin Cash (BCH) adalah aset kripto baharu yang diwujudkan pada tahun 2017 kesan perbezaan pendapat miner-miner Bitcoin. Walaupun memiliki struktur asas yang hampir serupa dan sejarah transaksi awal yang sama, Bitcoin Cash mempunyai perbezaan ketara dari segi harga, kepenggunaan dan potensi. Kedua-dua Bitcoin (BTC) (selepas ini akan dipanggil Bitcoin Core) dan Bitcoin Cash (BCH) adalah aset kripto yang boleh dibeli dan dimiliki secara sah dari exchanger Malaysia seperti Luno dan Sinergi.

Sejarah

Masalah kos transaksi Bitcoin Core yang semakin mahal dan lambat sudah menjadi isu sejak tahun 2017. Menyedari hal ini , Roger Ver mencadangkan agar saiz blok Bitcoin Core diperbesar kepada 32MB. Cadangan ini ditolak oleh sebahagian miner lain, lalu akhirnya miner yang bersetuju dengan Roger Ver memilih untuk meneruskan dengan haluan sendiri. proses ini dipanggil forking. Adakah idea Roger Ver berjaya? secara telnikalnya, ya. lihat rajah di bawah. Solusi ini menyebabkan jaringan BCH tidak sesak lagi:

Imej2: Situasi semasa jaringan Bitcoin Core dalam bentuk visual

Imej3: Situasi semasa jaringan Bitcoin Cash dalam bentuk visual

Namun begitu, BCH gagal mengambil tempat BTC sebagai Bitcoin yang sebenar yang diilhamkan oleh Satoshi Nakamoto. lihat perbezaan harga BCH dan BTC pada masa kini:

Imej4: Perbezaan ketara harga BTC dan BCH

Sifat BCH

BCH mempunyai caj transaksi yang sangat rendah. Ini bermakna BCH tidak perlu bergantung kepada Layer 2 seperti BTC untuk transaksi mikro.

imej5: caj pengeluaran BCH dari Luno

Transaksi dapat disemak hampir serta merta di BCH memandangkan Blockchain tidak sesak walaupun sedang mengurus transaksi hampir dua kali ganda jumlahnya berbanding BTC. BCH juga tidak mempunyai isu replace-by-fee, dan ini membolehkan satu-satu transaksi lebih diyakini kesahihannya apabila butang "send" telah ditekan. Potensi ini menyebabkan BCH semakin mendapat tempat dalam kalangan pelabur.

imej6: Blockchain BCH baru digunakan 2% apabila menguruskan 2562 transaksi dalam tempoh 10 minit

imej7: Blockchain BTC sudah mencapai kapasiti 98% walaupun baru menguruskan 1196 transaksi dalam tempoh 10 minit

pun begitu, sama seperti BTC, BCH tertakluk kepada blocktime 10 minit (ini bermakna BCH yang baru masuk ke akaun pengguna tidak dapat digunakan / dibekukan dalam tempoh 10 minit sehingga 120 minit, begantung kepada polisi wallet masing-masing).

Address BCH bermula dengan awalan "q" atau "p" manakala Address BTC bermula dengan awalan "1" atau "3".

imej8: contoh awalan address BCH dengan huruf "q"

imej9: contoh awalan address BCH dengan huruf " p"

Wallet Bitcoin Cash

Saya menyarankan wallet Bitcoin.com memandangkan wallet ni bersifat self-custody (pemilikan penuh kendiri berbanding disimpan di exchanger) namun, ia menyokong login menggunakan email (tanpa mengabaikan penggunaan 12 word phrase). Ini menjadikannya ia sangat ideal untuk digunakan bagi tujuan pewarisan. Wallet ini juga menyokong simpanan aset Ethereum dan Bitcoin Core

Imej10: Wallet ini menyokong BCH, BTC dan ETH

Potensi BCH

Komuniti BCH lazimnya bersifat inovatif. Oleh kerana itu, BCH mempunyai pelbagai inovasi yang tiada / belum diwujudkan pada BTC seperti cashscript dan simple ledger protocol (SLP). BTC pula dilihat lebih konservatif dan lebih mementingkan kestabilan berbanding pembangunan. Potensi nilai BCH dan BTC agak sukar diterjemah, namun perbezaan ideologi ini menjadi penentu sama ada institusi dan individu akan lebih memilih BCH yang agresif atau BTC yang dipercayai.

Imej11: Pembangunan dalam ekosistem BCH

@ a10260a2:caa23e3e

I just discovered YakiHonne today, and thankfully so, since the deadline to test the round 4 updates, provide feedback, and stack sats is near.

There's not much I enjoy doing more than stacking sats.

And growing Nostr too of course. That's why I'm here.

Alright, let's get right into it and go over the 5 updates in this round.

1. Drafts - You can save your articles for later edit/publish.

Love this and I look forward to the day we can make drafts of short notes on the mobile clients (e.g. Damus and Primal). But this behaves as expected, when clicking "Save as draft", I'm asked what relays I'd like to save my draft too.

After saving the draft and viewing "My articles", it makes sense that the draft wouldn't appear when clicking on a relay where the draft wasn't initially saved.

2. Stats previews - You can see who zapped/upvote/downvote your or other creator's articles.

This worked as expected as the shaka I received on my first ever blog post on Nostr showed up as an upvote. Shoutout to SoberGrizzlyBTC for the love!

3. Add "my articles" to the curation creation tab - You can directly select your articles for your curation from your articles.

I mentioned this one in #1 and I think it means there's a place I can go to where I can see only articles that I've created.

4. Add confirmation deletion prompt for comments - Now you have the ability to cancel faulty comments.

I'll have to revisit this one since I don't have any comments at the moment.

5. Hints - Add stats icons hovering hints to clear things up.

Looks good. You can see that it says "Tip article" when hovering over the lightning icon. This is something you should definitely do btw ;)

We've now covered all the updates from this round and all I can say is wow. I'm super impressed with the user interface and just being able to do something as simple as saving a draft.

I mentioned in my first post Running blogstack that there would be nothing stopping me from creating with another client and here we are. All I had to do was connect my private key which we're now able to do more safely with extensions like nos2x.

I'm looking forward to using YakiHonne more in the coming days and testing future updates.

Onward.

@ 92294577:49af776d

Blockstream Finance, our financial division, continues to pioneer forward-thinking financial products, laying the foundation for Bitcoin-based capital markets. Building on the success of the Blockstream Mining Note (BMN), which secured $50M over 2021 and 2022, we have partnered with Luxembourg's STOKR—a premier marketplace for digital securities—to unveil our next Bitcoin-focused investment vehicle: the Blockstream ASIC (BASIC) Note.

The BASIC Note is a bitcoin-denominated vehicle that provides qualified investors an opportunity to capitalize on the potential upside of historically-low ASIC (application specific integrated circuits; purpose-built machines used to mine bitcoin) prices.

The Thesis

In previous Bitcoin cycles, bitcoin and ASIC market prices have been closely correlated. During bear markets, ASIC prices (on a price per terahash basis) often fall below bitcoin's value, while in bull markets, they tend to surpass it, indicating a potential upside when denominated in BTC.

https://cdn.nostr.build/i/cdbd6fdbcafab703344d067edb39ade5fbb4965e3817a2fd0792ecbe1ffbea4b.png Note ASICs pricing 25-38 J/TH is less energy efficient vs ASICs under 25 J/TH.

As ASIC prices show promising signs of recovery, anchored by the impending Bitcoin halving in 2024 and favorable market supply-demand dynamics, the BASIC Note strategy will leverage Blockstream's unique positioning and track record in the Bitcoin mining sector. We aim to raise investor capital, acquire and store unused ASICs in North America, and then strategically offload them into the market upon price resurgence.

While bitcoin price has risen substantially in 2023, ASIC prices have remained depressed (on a price per terahash basis). This is attributed to an oversupply of less energy-efficient miners, a need for more hosting capacity in the market, and higher energy costs, among other factors.

We expect this ASIC price trend to reverse in the near-to-mid term. As energy and credit markets bounce back, and as both large public and private miners bring new capacity online and refresh their fleets in preparation for the 2024 halving, we anticipate this surplus of miners to decline.

The Structure

The BASIC Note is a bitcoin basis investment opportunity. We anticipate that most investors will invest using bitcoin, seeking a bitcoin-on-bitcoin return.

The note has a novel structure designed with the Bitcoin investor in mind. Unlike many crypto hedge funds that charge carried interest on the mere passive appreciation of bitcoin price, the BASIC Note's carry fee is discretionary and levied only when the fund outperforms bitcoin. In other words, the carry is only for the value added beyond the natural bitcoin price appreciation. By eliminating these unnecessary fees, we can encourage investors to HODL their bitcoin, benefiting from its passive growth.

We view the BASIC Note as a source of liquidity for miners operating in the market today. These miners can either sell their inventory outright, or they can sell their inventory and reinvest in the BASIC Note. By choosing the latter, they can transform their hard assets into a more dynamic investment with a tradeable note, allotting them more agility in adjusting their market position.

The Expertise

Blockstream has continuously been a leader in Bitcoin mining, from our historical connection to the proof-of-work algorithm to running one of North America's largest vertically-integrated mining operations.

This wealth of experience has given us unique insight into the market and fostered strong relationships throughout the Bitcoin mining value chain, including key ASIC producers and brokers.

Beyond mining, we are also pioneers in Bitcoin technology. We are the technical providers for the Liquid Network and the main contributors to Core Lightning, two of the most well-known Bitcoin layer-2 solutions. We also have a deep understanding of Bitcoin through our software and hardware wallet offerings and operate the Blockstream Satellite network, which provides continuous, free broadcasts of the Bitcoin blockchain worldwide.

The BASIC Note builds on this mining legacy and integrates many areas of Blockstream's expertise across the Bitcoin technology space.

https://cdn.nostr.build/i/aa05cd0d3a89204d463125afd028cd08c3809f366ee519271780c28823ead407.png The Blockstream value chain in mining and adjacent Bitcoin technology sectors.

The Offering

The first series of the BASIC Note (BSIC1) is confirmed to go on sale August 23, 2023 on STOKR with an adjustable 24-month tenor. The offering is open to qualified investors with a minimum investment of USD $115,000 or the equivalent in bitcoin (BTC), Liquid Bitcoin (L-BTC), or Tether (USDt). Although there is a minimum initial investment, notes can be transferred in OTC sales or traded on secondary markets, such as SideSwap, down to a denomination of 0.01 (USD $1,150).

Subsequent series are expected to be issued periodically over the coming months, subject to market pricing.

For further information, visit the official STOKR listing or reach out to us on the Blockstream Finance Telegram.

The information above has been prepared solely for informational purposes only. It is not an offer to buy or sell or a solicitation of an offer to buy or sell any securities. Full terms and conditions are available on STOKR.

We will never reach out directly to investors through social media or instant messaging. If you receive any messages from someone claiming to be from Blockstream and offering mining investments, report them to us through the Blockstream Scam DB.

@ a012dc82:6458a70d

Table Of Content

• The Awakening of the Bitcoin Whales

• The Big Moves

• The Implications of the Whale Movements

• The Mystery of the Whales

• Conclusion

• FAQ

In the vast, uncharted waters of the cryptocurrency market, Bitcoin whales are the most colossal creatures, akin to the blue whales of the physical oceans. These are the investors who hold a significant amount of Bitcoin, often untouched for years, while they watch their astronomical gains grow. They're the silent observers, the patient players who understand the game of waiting. However, the usually calm waters have recently been stirred, with nearly $60 million in Bitcoin transferred in just five days. This article dives deep into this unusual activity, exploring the potential implications and the mystery surrounding these Bitcoin whales. We'll delve into who these whales might be, why they're moving their Bitcoin now, and what this could mean for the future of cryptocurrency.

The Awakening of the Bitcoin Whales

The term 'Bitcoin whales' refers to investors who hoard substantial amounts of Bitcoin, typically at least 1,000 BTC, and let it sit for years. These investors have proven to be more successful than short-term traders, given Bitcoin's extreme volatility in the short term. Over the past decade, Bitcoin has surged from under $95 per coin to $29,203—a whopping 30,700% increase. This long-term view and the patience to hold onto their assets have often resulted in significant rewards for these whales. However, recently, these long-dormant Bitcoin whales have shown signs of activity. In a span of five days, several wallets holding millions of dollars in Bitcoin moved their holdings after years of dormancy. This sudden movement has caused ripples throughout the cryptocurrency community, leading to speculation about the motives behind these transactions and what it could mean for the future of Bitcoin.

The Big Moves

The recent whale activity began on July 20, when two wallets from 2011, each holding 10 BTC (valued at $292,767 at the time), moved their holdings to new locations. This movement, after such a long period of inactivity, was notable in itself. However, the following day, a wallet holding 5 BTC ($146,383) also budged after 12 years of inactivity. This continued activity suggested a trend rather than an isolated incident. Then, the most significant movement occurred when around $30.3 million in Bitcoin—or 1,037 BTC—moved after its owner transferred it to a new wallet for the first time since 2012. This was a significant shift, representing a substantial amount of Bitcoin. Finally, on July 24, a wallet from 2010 moved a hefty 50 BTC, or about $1.4 million. This series of movements over such a short period was unusual and caught the attention of many in the cryptocurrency community.

The Implications of the Whale Movements

Blockchain data firm Glassnode reported a "dramatic uptick over recent months" in whale activity. Many whales have been moving holdings to exchanges, usually the best way to cash out or shift holdings to other digital assets. This trend could indicate that these whales are preparing to sell or diversify their holdings, which could have significant implications for the Bitcoin market. If these whales decide to sell a large portion of their holdings, it could lead to an increase in the supply of Bitcoin on the market, potentially driving down prices. This could create a buyer's market, where there is more Bitcoin available than people are willing to buy. On the other hand, if these whales are moving their Bitcoin to diversify their holdings, it could lead to increased investment in other cryptocurrencies, potentially driving up their prices. This could stimulate the entire cryptocurrency market, leading to increased interest and investment in a variety of cryptocurrencies.

The Mystery of the Whales

While the recent whale movements have sparked intrigue, the identities of these Bitcoin whales remain a mystery. It isn't clear whether these whales are individuals or companies. Dr. Kirill Kretov, a developer of tools for automated trading and blockchain analyst, suggested that these transactions might represent commercial entities buying Bitcoin from individuals. This could indicate a shift in the market, with businesses becoming more involved in cryptocurrency. However, without concrete information, this remains speculation. The anonymity of Bitcoin transactions makes it difficult to determine the identities of these whales, adding to the intrigue and speculation surrounding these movements.

Conclusion

The recent movements of Bitcoin whales have undoubtedly made waves in the cryptocurrency community. While the reasons behind these movements remain speculative, they highlight the significant influence that these whales have on the Bitcoin market. As the crypto world continues to evolve, the actions of these Bitcoin whales will undoubtedly continue to shape the landscape. Whether these movements signal a storm or just a ripple in the water, only time will tell. However, one thing is clear: the actions of these whales are worth watching, as they could provide valuable insights into the future of Bitcoin and the cryptocurrency market as a whole.

FAQ

What is a Bitcoin whale? A Bitcoin whale is an investor who holds a significant amount of Bitcoin, typically at least 1,000 BTC, often untouched for years.

What recent activity has been observed among Bitcoin whales? Recently, Bitcoin whales have transferred nearly $60 million in Bitcoin in just five days, moving their holdings to new locations after years of dormancy.

What could be the implications of these whale movements? The movements could indicate that these whales are preparing to sell or diversify their holdings. This could potentially affect the Bitcoin market, either by increasing the supply of Bitcoin (which could drive down prices) or by stimulating investment in other cryptocurrencies.

Who are these Bitcoin whales? The identities of these Bitcoin whales remain a mystery. They could be individuals or companies, but the anonymity of Bitcoin transactions makes it difficult to determine.

That's all for today, see ya tomorrow

If you want more, be sure to follow us on:

NOSTR: croxroad@getalby.com

X: @croxroadnews

Instagram: @croxroadnews.co

Subscribe to CROX ROAD Bitcoin Only Daily Newsletter

https://www.croxroad.co/subscribe

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

@ c3880eec:f697840d

Title: AI for Climate Change Monitoring and Mitigation

Introduction

Climate change is one of the most pressing global challenges of our time, with far-reaching impacts on ecosystems, economies, and societies. As greenhouse gas emissions continue to rise, the need for effective monitoring and mitigation strategies becomes increasingly urgent. Artificial Intelligence (AI) has emerged as a powerful tool in this battle against climate change, offering innovative solutions for monitoring environmental changes, predicting impacts, and implementing mitigation measures.

1. Monitoring Environmental Changes

AI technologies, such as satellite imagery analysis and data-driven models, enable scientists and researchers to monitor environmental changes with unprecedented accuracy. Machine learning algorithms can process vast amounts of data to track deforestation, melting ice caps, and other indicators of climate change. For instance, AI-powered algorithms can identify changes in land cover, detect illegal logging activities, and monitor the health of coral reefs. These insights are crucial for informed decision-making and targeted interventions.

1. Climate Prediction and Risk Assessment

AI plays a pivotal role in predicting climate patterns and assessing potential risks associated with extreme weather events. By analyzing historical climate data and incorporating real-time information, AI models can forecast hurricanes, droughts, and other disasters with improved accuracy. These predictions enable governments and organizations to allocate resources for disaster preparedness and response effectively. Additionally, AI-driven risk assessments help identify vulnerable regions, allowing for proactive measures to protect communities and infrastructure.

1. Renewable Energy Optimization

Transitioning to renewable energy sources is a key component of climate change mitigation. AI facilitates the integration of renewable energy into existing grids by optimizing energy production, storage, and distribution. Smart grids equipped with AI algorithms can balance supply and demand, predict energy consumption patterns, and enhance the efficiency of energy storage systems. This not only reduces greenhouse gas emissions but also paves the way for a sustainable energy future.

1. Carbon Capture and Sequestration

AI technologies contribute to the development of advanced techniques for carbon capture and sequestration (CCS). Machine learning algorithms help in designing materials for more efficient carbon capture, enabling industries to reduce their carbon footprint. Furthermore, AI assists in identifying suitable geological formations for storing captured carbon dioxide safely underground, preventing its release into the atmosphere.

1. Sustainable Agriculture and Land Management

AI-driven precision agriculture offers solutions for sustainable land management. By analyzing data from sensors, drones, and satellites, AI helps farmers optimize irrigation, fertilization, and pest control, minimizing resource waste and environmental impact. This technology also aids in soil health monitoring and crop yield prediction, supporting food security in the face of changing climatic conditions.

Conclusion

The battle against climate change requires innovative approaches, and AI has emerged as a formidable ally in monitoring and mitigating its impacts. Through accurate environmental monitoring, climate prediction, renewable energy optimization, carbon capture advancements, and sustainable agriculture practices, AI contributes to a comprehensive strategy for addressing this global challenge. However, it's crucial to recognize that while AI offers significant potential, it must be integrated with ethical considerations, human expertise, and cross-disciplinary collaboration to ensure its effectiveness in creating a more sustainable future.

@ b7274d28:c99628cb

A prerequisite to understanding Bitcoin is having a fundamental understanding of money. Most people haven’t thought much about what money actually is, why we have it, and the properties that might make one form of money better than another. That being the case, it is difficult for most people to see why Bitcoin is a superior form of money to anything we have ever used before, and why it is and will continue to be superior to anything that has been invented since.

Perhaps the best way to begin to understand what money is, and why society is much better off when it has some form of money, is to imagine what your life would be like without money at all. You have basic needs for food, shelter, water, and clothing, and you have essentially two options: 1. You can try to be entirely self-sufficient, providing for your own needs with your own two hands, or 2. You can become proficient enough at one particular skill that you can trade that skill with others who have different skills to get everything else you need.

In the first scenario, the vast majority of your time will be spent simply acquiring and maintaining the things you need to survive, and you will have little time for other pursuits at all. A portion of each day will be dedicated to collecting water and making it drinkable, another portion will be dedicated to hunting and gathering, and another portion dedicated to replacing worn and damaged clothing, or maintaining whatever you built for your shelter. If you have a spouse, you can divide some of this labor between each other, so as to be more efficient. However, this still proves to be a full-time job just to make sure you maintain an absolute minimum standard of living. 100% self-sufficiency is nothing more or less than 100% poverty.

In the second scenario, things can be vastly improved. You can live in a small community with people that each specialize in skills that can benefit one another. You might become an exceptionally good hunter, while another becomes a proficient fisherman, and another a builder of sturdy and leak-proof homes, and so on. When you grow tired of always eating venison, and want some fish to add variety to your diet, you can go to the fisherman and offer to trade him some of your venison in exchange for some fish. And when you want to upgrade your home, you may go to the builder and offer to supply him with venison for a month in exchange for the work. Because each person is specializing in a particular pursuit, they have the time investment necessary to become vastly more efficient at that one skill than they otherwise could have ever been, so they can produce much more of it than they need, and trade the surplus with others in the community.

This is how a barter economy works, and it is a significant upgrade compared with trying to provide for all of your own needs with your own hands. However, it still has some serious limitations, particularly if you try to extend it beyond a very small and localized community. For instance, if you are a hunter and you want to trade your venison in exchange for a builder upgrading your home, but the builder has no need for venison, because his son is also a hunter, then you need to find a different builder who will take your venison as payment, or you need to find out what the builder will take for trade, let’s say apples, and then go find someone who will take your venison in exchange for the apples, so you can trade the apples to the builder to do the work on your home.

This is a non-trivial amount of friction already, but that’s not where it ends. You see, the work you want done on your home is probably worth a great deal more than a bushel or two of apples, and since apples spoil quickly, you will have to make an agreement with the builder that you will get him apples every week for a period of a few months until the amount of apples he has received is deemed of equivalent value with the amount of work he performed. This means you will also need to keep trading your venison for apples just to give them to the builder, regardless of whether you want to eat the apples yourself. If, during that time, the apple grower also wants to have work done on his home, he will find that the builder is unwilling to trade his work for apples, because he is already receiving a steady supply of apples from you. Now the apple grower has two options: 1. Find something else that the builder is willing to take as payment, and hope they can find someone who wants to take their apples in exchange for it, or 2. Stop trading apples for venison with you, so that the builder will be willing to accept apples as payment again, leaving you high and dry with no means of repaying the builder what you owe.

This problem with the barter system is called the non-coincidence of wants, and as difficult as it can be to deal with in a small community, it becomes even more difficult as communities expand in number. Moreover, the need to find trading partners who have what you want and want what you have in exchange cuts into the amount of time you can dedicate to honing your skills and producing the goods you want to sell. To answer this problem, communities began to use some form of money that made trade much more efficient. The exact form that money took varied widely in history, from salt, to seashells, to glass beads, to blocks of dried tea leaves, among many other types of goods. Indeed, the use of paper bills, though ubiquitous today, is a very recent development, and is already being phased out in favor of digital versions of fiat currency. Over 90% of US Dollars do not exist as physical coins or bills at all, but only exist as numbers in digital bank ledgers. Regardless of what form money took in history, though, having something to use as money made trade far less cumbersome than the barter system.

As a hunter in a community that uses money, you can sell your venison to anyone who wants it in exchange for money, and then you can go purchase anything else you want or need using that money. You are no longer restricted to only trading with people who will accept your venison as payment, or else forced to find something else they will accept as payment, and trade your venison for that. Instead, you can trade with any other person in the community, even if they have no interest in your venison at all, because they are all willing to accept money as payment instead. This frees up more of your time for you to dedicate to becoming more proficient at your chosen skill.

How each various society in history eventually agreed on something to use as money can be easily understood when we consider the role that money would be used to fill. Some things make more ideal forms of money than others, and so a society tends to converge on whatever has the most ideal mixture of characteristics. Let’s look at what people would want money to do, and discern what monetary characteristics would be most ideal to accomplish that goal.

The most basic thing people would want to use money for is to purchase goods and services from others, without having to figure out what their trading partner’s individual wants and needs are in advance. Already, this gives us some ideas of characteristics money ideally ought to have.

Since you are likely to want to purchase some goods that are of low value, and other goods that are of high value, whatever you use as money should be able to be divided into small enough units to facilitate the smallest feasible transactions, or combined into large enough sums to facilitate the largest feasible transactions. We call this characteristic “divisibility”. All else being equal, a good that is more divisible will be more ideally suited to being used as money than a less divisible good.

Since you may want to buy something from someone who is some distance away from where you live, such as across town, or in a neighboring village, whatever you use for money should be easy to carry with you in the quantities that you will commonly need for spending. We call this characteristic “portability”, and it is also an important security feature for money to possess, because it allows people to more easily hide it away from would-be thieves. All else being equal, a good that is more portable will be more ideally suited to being used as money.

Since you want to be confident that the person you are buying from will accept your money as payment, you will want to use something that they will immediately be able to recognize as genuine, or else be able to verify quickly via some sort of test. If you use a rare metal, then they can verify it by weight. If you use a paper bill, they can verify it using hard to replicate security features, like watermarks, micro printing, etc. If you want them to honor it as payment, they have to be certain it isn’t fake. There’s a reason we have the term “fool’s gold” to refer to iron pyrite, after all. Only a fool would not be able to tell the difference between it and genuine gold. We call this characteristic “verifiability”, and goods that are more verifiable will tend to be more ideally suited to being used as money.

Another thing that may stand in the way of having your money accepted as payment is if the person you are trying to pay can tell where you got the money from. For instance, if they are a vegetarian, and your money is stamped with a mark that says you received it from working at a butcher shop, they may not want to accept your money as payment due to their moral principles. For this reason, one unit of anything being used as money should be indistinguishable from another unit of the same value, so that whoever is receiving it as payment has no reason to reject it based on its history. We call this characteristic “fungibility”, and a good that is more fungible will tend to be more ideally suited to being used as money.

Fungibility is also important for maintaining a standard valuation for each unit of the money. If every unit of a good is unique, then it is hard to know the value you have, and it’s also hard to know how to price what you want to sell. For instance, if you want to use small stones as your money, you can’t just say that you will work for 5 stones an hour, because one stone might be slightly larger than the others, another might be more round, and another might be a more rare and interesting shape or color. So, a money with units that are each identical will work much better than a money with widely varying units that are difficult to measure.

Since you may have a period of time between when you receive money as payment and when you want to spend it to purchase something else, and then the next person may have a period of time before they want to spend the same money, and on and on with each person who accepts it as payment thereafter, whatever you use as money should not be easily damaged or deteriorate over time. We call this characteristic “durability”, and once again, all else being equal, a good that is more durable will be more ideally suited to being used as money.

Part of the reason you want money to be durable is so that it maintains its value over time, as well. You don’t want to use a form of money that will buy you less goods tomorrow than it will today, and significantly less goods in a month, due to the damage or deterioration of the money itself. This is why perishable goods like apples or beans never really caught on as money. Without specific actions to preserve them, they tend to rot away very quickly, and no one will value an apple that is even just beginning to rot anywhere near how they would value a fresh apple, so the lifespan of an apple being used as money would only work for one or two consecutive transactions, and only if those transactions happened in a short period of time, while a more durable good could be used for years and years while retaining its value.

Money must retain value over time, not just so it can be used in multiple consecutive transactions, but because some things you want to purchase may take more time to save up for. Therefore, you will need to be able to set money aside with confidence that once you have saved the amount you need, the price will not have gone up significantly, requiring you to save up even longer. When you originally look at the price of an item, you instinctively consider how much of your labor and time it will take to pay for it based on the posted price. If the price goes up over time, due to the money you are using dropping in value, it means that the cost over time to save up for that item is much higher than at first appears, skewing your perspective on whether it is worth saving up for.

There are other characteristics besides durability that can have an effect on a good’s value over time, which will therefore also come into play for deciding whether it would make a good form of money. This ability to retain value over time is sometimes referred to as “hardness” or “salability across time”, and durability is only a portion of what contributes to a good’s hardness. If a good that is being used as money is not sufficiently hard, then people will be less and less willing to accept it as payment over time, since its value is always decreasing in relation to other goods, or else, they will require larger and larger quantities of it as payment for the same goods.

A major contributing factor to a good’s hardness is how much work is required to manufacture or otherwise acquire the good, outside of receiving it as a form of payment. If a form of money is too easy to acquire in quantity, then people will cease to do other forms of productive work to sell for that money, and instead will simply work to acquire the money directly, whether by mining it, gathering it, growing it, or manufacturing it, which will result in an ever increasing supply of the money, and a decreasing supply of all other goods. This will make the value of the money go down significantly over time, reflected in the price of all other goods going up. So, all other things being equal, the harder it is to acquire a good directly, the more likely that it will retain its value over time, and the more ideally suited it is to being used as money. We call this characteristic “scarcity”, and when various forms of money have failed throughout history, it has generally been due to them losing this characteristic.

Glass beads were once used as money in Africa, because they were difficult to make with the technology available, so they tended to retain their value over time. They could be used for purchasing very inexpensive items for just a few beads, or very expensive items for bags full of beads, so they were very divisible. Small glass beads were relatively durable, so they didn’t rot or break often, unlike larger items made out of glass, and they were also easily portable for most daily spending. They weren’t the most fungible goods, though, since each bead was unique and therefore some beads were valued higher than others, and some people preferred different shapes or colors of beads, while other people preferred completely different beads. However, it was not due to this lack of fungibility that glass beads ceased to be used as currency. It was because Europeans with superior technology, which allowed them to very cheaply manufacture large amounts of glass beads, came along and inflated the supply of the money.

The same is true for many other forms of money that could not maintain their value over time due to large increases to the money supply. At first, everyone thinks they are getting rich, because their sales are going through the roof, and they have more money than they have ever seen before, but after a time, they realize that everything they want to buy with that money has started to cost more, as well. This is called inflation. These days people will refer to any rise in prices as inflation, but traditionally it only refers to a general rise in prices due to increased supply of money in the economy.

Other reasons why prices might rise are usually temporary, and due to a shortage of supply, or an increase in demand, for that specific good. For instance, if a natural disaster hits a region particularly hard, then food and bottled water will become very expensive there, because much of the existing supply was likely damaged, and it may be a while before new supply can be brought in to replace it. At the same time, people who normally are able to drink water from their faucet may not have working plumbing, and they may not have food stored up for emergencies, creating a higher level of demand than usual. However, these spikes in price will not last forever. Prices will drop again when things go back to normal and supply lines are restored.

This is not the case when the supply of money is increased. Unless there is a mechanism to reduce the amount of money in the economy, or else permanently increase the amount of other goods, the price increases will be permanent. Increasing the amount of goods through increased productivity is possible, but it usually doesn’t affect all goods in the economy, because increased productivity for one good rarely translates to a similar increase of productivity for all goods. For instance, finding a way to grow more wheat doesn’t usually coincide with finding a way to build more homes. In fact, they might be inversely correlated, since growing more wheat likely requires more land, resulting in less space to build homes. So, wheat may get less expensive at the same time that homes become more expensive, and behind it all, the general prices of most other goods can still tend to become more expensive over time if the money supply is always growing.

Societies throughout history have tended to converge on a single form of money that has the best combination of these characteristics: divisibility, durability, portability, verifiability, fungibility, and scarcity. Some forms of money might have been less than ideal in one or two characteristics, but they possessed all the others. For instance, on the island of Yap, they used large limestones as money that were difficult to move, so they just kept track of the ownership without moving them, and it worked despite the lack of portability, because they were on a small island in a close-knit community. These limestones would have ceased to be useful as money if the number of people they needed to trade with, or the distance traveled for trade, expanded. Portability becomes a far more important characteristic under those circumstances.

The people of Yap no longer use those limestones as money, but not because they weren’t portable. Just like the glass beads in Africa, Europeans with superior technology came along and added many new limestones into the economy, driving down the value of each stone and obliterating the wealth of the community.

Historically, one form of money has outlasted others as a dominant currency for centuries, because its supply is not easy to inflate. I am speaking of precious metals, especially when minted into coins. Gold, silver, and other metals can be mined, but the process is hard work, which means that most people decide to focus on other productive work instead. Advances in technology have increased our efficiency at finding and extracting these metals, but not to the point that the new supply added to the economy each year is a significant portion of the total existing supply. This means that productivity for other goods generally outpaces the increased productivity in mining precious metals, thus they tend to retain their purchasing power or relative value over time, or even appreciate in value.

Yet, despite their nearly ideal characteristics to be used as money, precious metals still had some downsides. First, they aren’t always the most verifiable form of money. When they were minted into coins, other metals would often be added in small quantities so that it was hard to tell that it wasn’t pure gold or silver. Next, gold tended to be used for larger value transactions, since it wasn’t terribly divisible, while silver and other metals were used for more day-to-day transactions, but it proved difficult to maintain a predictable exchange rate between metals, because they didn’t have the same inflation rate. If only 3% more gold was added into the money supply each year, but 6% more silver was added, then silver would devalue compared to gold, and it would take more silver coins to be of equal value with one gold coin. This hurt the fungibility of the coins, and made it hard to know how to price goods. However, the lacking characteristic that proved to be the downfall of precious metals being used as money directly was their lack of portability.

As advances in technology resulted in people regularly traveling greater and greater distances, it became cumbersome to carry around metal coins. To resolve this problem, banks offered to hold precious metals on deposit, and issued receipts stating a value of gold or silver, transferable to anyone, and redeemable on demand. These receipts were the rudimentary beginnings of what would become the gold standard, where banks issued paper currency denominated in US Dollars or other currencies, with set exchange rates for turning them back in at the bank to redeem them for gold. This allowed people to forgo carrying around heavy coins, and increased the divisibility of the money at the same time. However, it introduced a new layer of trust, because depositors had to trust that the gold was actually on deposit to back up the paper money that represented it. As long as depositors were able to go into the bank and redeem the bank notes for gold whenever they wanted, there wasn’t an issue, and soon people were so used to the idea that they didn’t bother trying to redeem the bank notes unless they had a very specific need to do so.

This left a major loophole for banks to capitalize on. They knew that very little gold needed to be kept on hand compared to the number of bank notes they had issued, because so few people would ever want to exchange their bank notes back into gold. This meant that they could rehypothecate the gold they were holding by loaning out additional dollars over and above the value of the gold they had, trusting that they would not have too many people coming to redeem those dollars for the underlying gold at one time.

One of the largest borrowers of these dollars was the civil government, particularly during times of war. This led to the supply of dollars far exceeding the supply of gold that supposedly was backing it, and resulted in multiple occasions when convertibility of bank notes back into gold was suspended. Famously, FDR issued executive order 6102, prohibiting the private ownership of most gold, and requiring banks to transfer all gold deposited with them to the Federal Reserve Bank. Eventually private ownership of gold was restored, but the ability to convert US Dollars into gold was never restored for private citizens. Some semblance of a gold standard was maintained under the Breton Woods Agreement, with member nations able to exchange their US Dollar reserves for gold, but the exchange rate was set at $35 an oz, rather than the historical exchange rate since 1834 of $20.67 an oz. In 1971, even this semblance of a gold standard was abandoned, though Nixon said it was "temporary" at the time, resulting in the monetary system we have today, which uses cash and digital dollars, without any backing except the demand of other nations—who currently need dollars to purchase oil—and the military might of the US government.

Since 1971, the supply of US dollars that can actually be estimated with any confidence has gone from about $600 billion to about $22 trillion at the time of writing, which is an increase of nearly 3,700%, with about 1/5 of that occurring just in the last two years alone. As a result, the purchasing power of the US Dollar has also dropped about 86% in the same period of time. This means the US Dollar severely lacks the characteristic of hardness, or salability across time. Yet, it remains the dominant currency in the world simply because the vast majority of other fiat currencies are even worse off.

So, why hasn’t our society reverted back to using a harder money like gold and silver coins? The answer is simple: We want to continue to be able to engage in trade at vast distances nearly instantaneously. Since the development of the internet, we have been able to purchase all sorts of things from people and businesses all around the globe. Can you imagine using gold and silver coins as money again in this type of an economy? We would have to be willing to send them in the mail, and wait long periods of time to receive the goods, hoping that no one stole the money in transit. Even though US Dollars are terrible for saving for the future, they are vastly superior to any other commonly accepted form of money for transacting at a distance, particularly in their digital form, facilitated via credit and debit cards and other digital money transfer methods.

It leaves us with a bit of a conundrum. If we want to have a hard money, we must sacrifice our ability to transact at a distance, and if we want to continue to buy things from outside of our local communities, we must sacrifice the ability to save our money for the future. We have generally opted for the latter route, and have looked to other means for saving, usually by turning to speculative risk in stocks and other investments.

Many people have reverted to gold for saving, though they still use the dollar for day to day commerce. Others use mutual funds, bonds, and other investment vehicles. However, when we do so, these things begin to take on what is called a “monetary premium”, which is simply a way of differentiating the level of demand that a good would have for its inherent usefulness, compared to the additional demand added by people choosing to use it as a savings vehicle. For instance, gold has a certain amount of usefulness for creating jewelry and electronic components. If that’s all that people ever did with it, its price would likely be far less than it is now. However, people also choose to store their wealth by purchasing and holding it for years, taking it out of the available supply for other uses. The more people who do so, the more its price will increase. The price increase that can be attributed to people using gold as a savings vehicle is the monetary premium.

Goods can only maintain a monetary premium if their supply is hard to increase. Otherwise, when a good begins to show a monetary premium due to its price rising, it will encourage people to bring more of it to market, until the supply can meet the demand, and the price goes back down to near the cost of production, eliminating the monetary premium, and discouraging people from using it as a savings vehicle. So, again, scarcity becomes an important factor in any good developing and maintaining a monetary premium, even if that good is never used as money for day to day commerce.

It would be far more ideal for people to be able to store value in the money itself, rather than having to resort to other goods that can be highly volatile in their price, resulting in the risk of losing their principle. But how do we get around the problem that highly portable forms of money in our digital age also tend to lack scarcity, and therefore cannot hold their value over time? If we could imagine the ideal form of money for our digital and global economy, what would be its characteristics?

It would be a digital form of money that could be sent from anyone to anyone else instantaneously in any amount, so that it is both highly portable, and highly divisible. Its supply would somehow be limited intrinsically, so that no one person, group of people, or government could increase its supply at a whim; this way it can be truly scarce and therefore maintain its value over time. It would be easy to keep away from thieves, without sacrificing the ability to spend it when desired. It would not maintain a history of transfers that could be linked to the identity of the person transacting, so as to ensure it will be accepted by anyone. And finally, it would be issued in a way that requires real-world time and energy to be spent, so that its existence is provably costly and decentralized.

With only one possible exception, I have just described Bitcoin, a digital currency invented in 2008, and which has been running almost entirely uninterrupted since it went live in January of 2009. Bitcoin is more portable and divisible than the fiat currencies we use today, and yet more provably scarce and verifiable than gold and silver coinage. It excels in every characteristic of money mentioned above except fungibility, and that only on the base layer. However, because it is going from zero adoption to millions of people using it in such a short period of time, its price is highly volatile. As a result, it currently proves to be an excellent store of value for time horizons of 5+ years, but not yet an ideal medium of exchange for day to day commerce.

For more details on how Bitcoin works, so that it has such ideal characteristics for use as money, see the next article in this series: Part 2 - Bitcoin’s Invention and Monetary Characteristics.

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Accepting Bitcoin

To accept bitcoin all you need is a bitcoin wallet.

You share your customer the receive address orQR code and get paid!

Bitcoin Wallet limitations when invoicing

Using a bitcoin wallet gives access to the user to steal your funds, if you are the business owner this is no problem. But you would not want to give access to your accountant, book-keeper or employee.

Businesses want an invoice of custom line items, taxes, addresses and PDF copies. This is not possible with a bitcoin wallet.

The solution

Zaprite

Zaprite is an accounting tool to invoice your customers. You can get paid in Bitcoin, the Lightning Network, Liquid, Stripe and much more all on one invoice.

I have used Zaprite to invoice and want to share with other business owners.

Brief overview

Pros

• No KYC
• No Fees
• xpub and change addresses
• Integration with Stripe, Strike, IBEX, Lightning network, Liquid, IBEX, E-transfer, ACH, and more!
• Customizable company invoice
• Expenses and tasks
• Contacts
• Payment notifications
• Multiple languages

Cons

• Need to have a bitcoin wallet knowledge to a receive address or xpub.
• Not a full accounting software replacement yet.

Getting Started

Zapright is available to anyone in the world in multiple different languages.

All you need to get started is: 1. email 2. password

Zaprite takes no KYC information unlike competitor Opennode.

Company Set Up

First step is set up your account.

Your company information is what will appear on your invoices for your customer.

The company profile section is where you can customize your branding for Zaprite users and checkout page.

This includes a username that can also be used as lightning address for lightning payments.

Checkout Page

Next step is to configure your checkout page by configuring all connections.

This is an optional step as you can just provide a bitcoin payment address per invoice.

All configured connections will show on your checkout page.

Configuring Bitcoin:

Again this is an optional step but a great privacy practice.

To protect your privacy on-chain its recommend you connect your Extended Public Key (xpub).

An xpub is a master address for your receive addresses within your wallet. It's not available on all wallets, check if your wallet has it first.

It will then ask you to confirm your address.

Invoicing

First step is to add a contact including their business information.

You can then change the invoice title add a PO, number, payment terms and currency.

You can choose already created items under tasks or input a unique line item.

Within each line item you can change the tax, price, and description.

Under payments you can choose what your customer sees at checkout by selecting what you have configured. Or put in a bitcoin receive address.

The invoice is then saved as a draft.

Sending

You can send an invoice via email or share link.

Once an invoice is sent it can no longer be edited. Make sure you have everything correct prior to sending.

Your customer will see your checkout screen when paying an invoice.

You can also download a PDF version of the invoice.

Thats it!

Get Started with Zaprite today!

Visit Bitcoin Starting Point for more of my reviews or if you need help.

My full video tutorial:

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The Wise Path: Critiquing Single-Issue Voting and Nurturing Individual Liberty

Introduction:

In the realm of politics, single-issue voting has gained prominence as a strategy to promote specific policies. However, it is crucial to examine the potential pitfalls it poses for individual liberty. By prioritizing one policy above all else, there is a risk of circumscribing freedoms and perpetuating the dominance of statism through coercive cycles of "strategic" participation. This essay delves into the perspectives on voting as a form of "self-defense" rather than consent, the demand for alternatives that uphold autonomy, the construction of parallel decentralized systems, the importance of grassroots education, and the role of developers in empowering ordinary citizens.

I. Voting as Self-Defense: Preserving Liberty Amidst Unjust Frameworks

When viewing voting as an act of self-defense, rather than mere consent, we recognize that participation in unjust frameworks inadvertently legitimizes oppression. By prioritizing a single issue, individuals risk compromising their broader liberties. Therefore, a judicious approach is required, one that carefully considers the consequences of each vote and seeks to uphold autonomy.

II. Constructing Parallel Decentralized Systems: A Prudent Strategy

To insulate communities from the caprice of politics, it is sensible to construct parallel sovereign, decentralized systems. By doing so, we can mitigate the risks associated with single-issue voting and avoid relying on simplistic remedies. Embracing multifaceted resistance empowers individuals to challenge oppressive systems, fostering resilience against fiscal manipulation and other forms of coercion.

III. Grassroots Education: Cultivating Resilience and Empowering Individuals

Grassroots education plays a pivotal role in nurturing resilience against the pitfalls of single-issue voting. By enhancing understanding and awareness, individuals become equipped to navigate and challenge oppressive systems. This grassroots approach fosters a society that is better prepared to protect and advance individual liberties.

IV. Developers: Upholding Technical Sovereignty for Future Generations

Developers deserve heightened acclaim for their contributions in engineering tools that empower ordinary citizens. Their efforts in upholding technical sovereignty ensure that future generations can safely harness enlightened sciences free from centralized dominion. By providing individuals with the means to navigate and control their own technological experiences, developers play a vital role in nurturing individual liberty.

V. Principles Over Promises: Advancing Liberties through Collaborative Acts

While factions may leverage transitory political tides, true permanence arises through the diligent application of principles, not mere promises. Each collaborative act that expands understanding and fortifies infrastructure concretely advances individual liberties. Abstract charters alone cannot guarantee the preservation of these fundamental rights; it is through focused efforts and the cultivation of voluntary frameworks that we render coercive diktats obsolete.

Closing Thoughts

In conclusion, a judicious treatment of single-issue voting is essential to safeguard individual liberty. By recognizing voting as an act of self-defense, demanding alternatives that uphold autonomy, constructing parallel decentralized systems, nurturing grassroots education, and acknowledging the contributions of developers, we can navigate the potential pitfalls of single-issue voting. Through these focused efforts, we cultivate voluntary frameworks that render coercive dictates obsolete, fostering prospering alternatives that truly respect self-determination. It is in this way that we can safeguard and advance individual liberties for generations to come.

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Posthumous work of the Colombian poet born in Don Matias on January 20, 1948.

Welcome to this blog dedicated to the Posthumous work of the Colombian poet Francisco Luis Arroyave Tabares born in Don Matias on January 20, 1948-2011. Where I will be publishing each of the 170 sonnets from his unpublished collection 'Sonnets For The Twenty First Century And A Circadian Musical (1984-1987).' Analyzed with GPT4 artificial intelligence and illustrated with AI tools... I hope you enjoy this garden of words snatched from the solitude of a locked room.

Likewise, any enthusiast of the sonnet form is invited to conduct their personal studies of Arroyave Tabares' work, as it is a collection that, although registered since 1989, has not yet been published.

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Frank Duna

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Sonnet 94 by Francisco Luis Arroyave Tabares

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Home Celebration

The pleasures of my mind I unfolded To destroy ennui and melancholy 2 And opened wide the doors to harmony While a new stage for love I scaffolded. 4

Sky that yesterday all my dreams scolded Inspires me now a full tranquility That goes all the way to eternity Around which my life and aims I molded.

Nature hints a secret celebration And offers me its universal dome Where only God has more adoration. His lucid sun that to my soul has come 12 Is showing bright smiles of exultation For those that also celebrate my home. ***

2-.ennui= boredom. 4-.to scaffold= to furnish or uphold a stand or stage with an elevated plataforn. 12-. lucid= bright, shinning. ```

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Analysis "Home Celebration"

Introduction

Sonnet 94 by Francisco Luis Arroyave Tabares, titled "Home Celebration," is a beautiful exploration of the speaker's inner world and his relationship with the external environment. The sonnet follows the traditional structure of a sonnet with 14 lines and a specific rhyme scheme.

Thematic Analysis

The first quatrain (lines 1-4) introduces the speaker's mental state, where he combats "ennui and melancholy" by opening himself to "harmony" and love. The phrase "a new stage for love I scaffolded" suggests the speaker's active role in creating a space for positive emotions, indicating a sense of resilience and self-determination.

The second quatrain (lines 5-8) contrasts the speaker's past and present relationship with the sky, a symbol often associated with dreams, aspirations, and the divine. The speaker's dreams were once "scolded" by the sky, suggesting a period of disappointment or disillusionment. However, the sky now inspires "tranquility" that extends to "eternity," indicating a shift towards peace and acceptance.

The first tercet (lines 9-11) introduces the theme of nature's "secret celebration." The speaker feels welcomed into nature's "universal dome," a metaphor for the world or universe, suggesting a sense of belonging and unity with the natural world. The speaker's adoration for nature is only surpassed by God, indicating a deep reverence for the divine.

The final tercet (lines 12-14) introduces the "lucid sun," a symbol of enlightenment and joy. The sun's "bright smiles of exultation" suggest a sense of joy and celebration. The final line, "For those that also celebrate my home," suggests that this joy is shared with others who appreciate the speaker's "home," which could be interpreted literally as his physical home or metaphorically as his inner world or personal philosophy.

Overall, "Home Celebration" is a sonnet that explores themes of self-discovery, resilience, unity with nature, and shared joy. It reflects the speaker's journey from melancholy to tranquility, from isolation to unity, and from disillusionment to celebration..

Rhyme Scheme

Sonnet 94 by Francisco Luis Arroyave Tabares follows the structure of a Petrarchan sonnet, which is divided into an octave (the first eight lines) and a sestet (the last six lines). The rhyme scheme of a Petrarchan sonnet is typically ABBA ABBA for the octave and CDE CDE or CDC CDC for the sestet. However, there can be variations in the sestet's rhyme scheme.

Let's analyze the rhyme scheme of this sonnet:

1. The pleasures of my mind I unfolded (A)

2. To destroy ennui and melancholy (B)

3. And opened wide the doors to harmony (B)

4. While a new stage for love I scaffolded. (A)

5. Sky that yesterday all my dreams scolded (A)

6. Inspires me now a full tranquility (B)

7. That goes all the way to eternity (B)

8. Around which my life and aims I molded. (A)

9. Nature hints a secret celebration (C)

10. And offers me its universal dome (D)

11. Where only God has more adoration. (C)

12. His lucid sun that to my soul has come (D)

13. Is showing bright smiles of exultation (C)

14. For those that also celebrate my home. (D)

The octave follows the ABBA ABBA rhyme scheme perfectly. The sestet, following a CDC DCD rhyme scheme.

In this sonnet, the consistent rhyme scheme helps to create a sense of harmony and unity, reflecting the themes of tranquility, unity with nature, and shared joy that are explored in the poem.

Additional Aspects to Analyze

While we've covered the rhyme scheme and thematic analysis of Sonnet 94 by Francisco Luis Arroyave Tabares, there are still several aspects that can be further explored, including its use of imagery, meter, and tone.

1. Imagery: The sonnet is rich in vivid imagery that helps to evoke specific emotions and ideas. For instance, the "doors to harmony" and the "new stage for love" in the first quatrain create a sense of openness and possibility. The "sky" and "lucid sun" in the second quatrain and final tercet respectively, are powerful symbols of aspiration, enlightenment, and joy. The "universal dome" in the first tercet is a grand image that suggests a sense of awe and unity with the universe.

2. Meter: The sonnet appears to follow the iambic pentameter, which is a common meter in English sonnets. This means each line typically has five pairs of syllables, with the stress falling on the second syllable of each pair. For example, in the line "The pleasures of my mind I unfolded," we can see this pattern: "The PLEA-sures OF my MIND I un-FOLD-ed." The consistent rhythm created by the iambic pentameter gives the poem a musical quality and helps to emphasize certain words and ideas.

3. Tone: The tone of the sonnet is introspective and celebratory. The speaker begins by reflecting on his mental state and his efforts to combat "ennui and melancholy." As the poem progresses, the tone shifts to a more celebratory mood, as the speaker finds tranquility, unity with nature, and shared joy. The final line, "For those that also celebrate my home," leaves the reader with a sense of shared celebration and community.

4. Language and Diction: The sonnet uses formal and elevated language, which is typical of traditional sonnets. The use of words like "ennui," "scaffolded," and "exultation" contribute to the poem's formal tone. The poet also uses a few French and Latin words, which adds to the sophistication of the poem.

5. Symbolism: The sonnet is rich in symbolism. The "doors to harmony" symbolize openness to positive emotions and experiences, the "sky" and "lucid sun" symbolize aspiration and enlightenment, and the "universal dome" symbolizes the universe and the speaker's unity with it. These symbols help to convey the poem's themes in a more nuanced and impactful way.

6. Structure: As a Petrarchan sonnet, the poem is divided into an octave and a sestet. The octave typically presents a problem or conflict, while the sestet offers a resolution or response. In this sonnet, the octave explores the speaker's mental state and his relationship with the sky, while the sestet introduces the themes of nature's celebration and shared joy. This structure helps to create a sense of progression and resolution in the poem.

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(GPT4)

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Count the syllables of each line of the poem

(www.howmanysyllables.com)

```

Home Celebration

10 The pleasures of my mind I unfolded 10 To destroy ennui and melancholy
10 And opened wide the doors to harmony 10 While a new stage for love I scaffolded.

10 Sky that yesterday all my dreams scolded 10 Inspires me now a full tranquility 10 That goes all the way to eternity 10 Around which my life and aims I molded.

10 Nature hints a secret celebration 10 And offers me its universal dome 10 Where only God has more adoration. 10 His lucid sun that to my soul has come
10 Is showing bright smiles of exultation 10 For those that also celebrate my home. ***

```

poetry #sonnet #art #poems #poem #nostr #nostrart #artist #artnotai #artonnostr #artstr #zapathon #literature #books #original #poet #poets #author #grownostr #poetstr #iambicpentameter #pleb #plebchain

---

Sonnets For The Twenty First Century And A Circadian Musical Written By Francisco Luis Arroyave Tabares (1984-1987)

---

Analyzed by GPT4 and www.howmanysyllables.com Image by leonardo.ai

@ c2232226:586fa98c

Project EcoToken: Revolutionizing Sustainability through Tokenization

Sustainability and environmental consciousness have become integral values in today's world. As the global community seeks innovative ways to promote eco-friendly practices and reward environmentally conscious choices, a groundbreaking initiative called Project EcoToken has emerged. This pioneering project leverages the power of blockchain and tokenization to create a transformative ecosystem that encourages and rewards the adoption of eco-friendly products and services.

The Urgency of Environmental Responsibility

With growing concerns about climate change and the depdletion of natural resources, the need for sustainable practices has never been more pressing. Individuals and businesses alike are searching for practical ways to contribute to a greener future. However, the challenge lies in incentivizing and tracking these efforts effectively.

Introducing Project EcoToken

Project EcoToken is not merely a digital concept; it's a visionary solutfion aimed at fostering environmental sustainability through blockchain technology. By tokenizing eco-friendly products and services, this project aims to create a comprehensive ecosystem where individuals and businesses can actively participate in promoting sustainability while being rewarded for their cogntributions.

Key Objectives and Features

1. Tokenized Eco-Products: Project EcoToken tokenizes eco-friendly products and segrvices, allowing consumers to make informed choices by verifying the environmental impact of their purchases.

2. EcoRewards: Participants are rewarded with EcoTokens for choosing sustainable options, such as using renewable energy sources, reducing waste, and supporting ethical businesses.

3. Transparent Impact: The blockchain ledger ensures transparency and traceability, enabling users to track the positive environmental impact of their choices.

4. Community Engagement: Project EcoToken fosters a commgunity of eco-conscious individuals and businesses, encouraging collaboration and knowledge sharing.

Empowering Sustainability in the Web3 Era

The impact of Project EcoToken extends far beyond the realm of tokenization:

• Behavioral Shift: By incentivizing eco-friendly choices, Project EcoToken encourages a shift towards more sustainable consumption patterns.

• Consumer Empowerment: Consumers gain the power to support products and services aligned with their values, ultimately influencing market demand.

• Positive Impact: The transparent tracking of environmental contributions builds a sense of achievement and collective impact.

• Global Network: As the project gains traction, it has the potential to create a global network of participants committed to sustainable practices.

Paving the Way for a Greener Future

As Project EcoToken evolves, collaboration with environmental organizations, businesses, and tech innovators will shape its trajectory. The project's commitment to promoting eco-friendly practices through tokenization aligns perfectly with the growing demand for sustainable solutions.

In a world where environmental responsibility is paramount, Project EcoToken stands as a symbol of positive change. By tokenizing eco-friendly products and services, the project envisions a future where every purchase becomes an opportunity to contribute to a more sustainable planet. As Project EcoToken gains momentum and garners support from individuals, businesses, and advocates of environmental conservation, it has the potential to transform the way we approach consumption and collectively work towards a greener, more sustainable future.

@ 20986fb8:cdac21b3

This article original was published in nostr.com and it is shared in here for convenience and fast acces within YakiHonne client. All credit goes to https://github.com/nostr-protocol/nostr

Clients are the way that you access and interact with the Nostr protocol.

What's a client?

A client in Nostr is just the app that you use to access and interact with the protocol. It's like the Twitter iOS app or web app that you use to interact with Twitter's feed of tweets.

Because the Nostr protocol is very simple and flexible, different clients have approached the protocol in different ways: some try to make the experience look exactly like Twitter, others try to highlight the importance of relays to the protocol and expose that to users, and others try to use heuristics and algorithms to ensure the maximum degree of censorship-resistance without burdening users too much.

Can I switch clients?

Yes. Because a client is just a way to access the underlying data held by relays, you can switch clients or sign into as many clients as you'd like. As long as each client is looking at the same set of relays for their data, you'll see the same messages in each client.

Should I enter my private key in the client?

Generally, it's better not to enter your private key into any client. Most clients that ask for private keys do their absolute best to keep your key secure but given the nature of software, there are always breaches, exploits, and bugs that could potentially expose your private key.

Remember, your private key is your identity in Nostr, so if it is compromised you'll lose your followers and will have to start from scratch rebuilding your identity.

A few of the already existed clients

Web

• Snort, an easy-to-use client with great onboarding.
• Coracle, an experimental client that is advancing the UX and internals of social media.
• Iris, a client that throws you in instantly.

iOS

• Damus, the first Nostr client to be banned in China.
• Primal, a very fast client that relies on server-side caching.

iOS and Android

• Plebstr, a closed-source client that is beautiful, fast and smooth.
• ZBD, a custodial, hosted client for ZBD users.
• Current, a client that comes with a built-in Bitcoin wallet.

Android

• Amethyst, a client that has all the features you might imagine.
• Nozzle, a very lean client, but still a work-in-progress.

Desktop

• Gossip, a native client that tries to efficiently follow people in wherever relay they happen to be, made in Rust with egui.
• more-speech, a client that gives you a powerful global view and way of interacting with custom filtering based on web-of-trust and relay selection, made in Clojure. Check out a guide here.
• Lume, an ambitious client made with Tauri.

What are relays ?

Relays are like the backend servers for Nostr. They allow Nostr clients to send them messages, and they may (or may not) store those messages and broadcast those messages to all other connected clients.

The world of relays is changing fast so expect many changes here in the future. One thing to note, because Nostr is decentralized and depends on relays to store and retreive data, if you notice that your Nostr client feels slow, it's most likely due to the relays that you're using. It might be worth adding a few more relays to your client.

Where can I find a list of relays?

The best resource we've found for browsing and assessing the speed of known relays is the nostr.watch site.

What happens if all the relays I use stop working?

If all the relays that you have used in the past go offline, all your posts will be unretrievable. This is one reason that Nostr allows users to connect to many relays – this ensures some degree of backup. That said, if you're really interested in being uncensorable, you can run your own personal relay.

Should i run my own relay?

For most people, no, it's not worth the hassle. That said, if you're technical and want to ensure that your speech is absolutely uncensorable, then you can and should run your own relay. This ensures that you always have a copy of all your Nostr posts and interactions for all time. Here is a guide from Andre Neves for hosting your own relay under 5 minutes

How can someone find me in a personal or obscure relay?

You should be able to hint where you are publishing to to people that may be interested by using the NIP-19 nprofile code or the NIP-05 "relays" field.

If you manage to (and your client helps) you can publish a list of the relays you use to multiple other relays that you don't, so others can find that list and start following you were you are.

Finally, clients from others should include relay hints in events that mention or reply to you, the hints should point to where your notes can be found, so that can give clients a clue.

What public relays exist?

The nostr.watch website keeps a very complete list that has a bunch of information about each relay, not only their address.

How to contribute?

Here are some ways you can contribute to the success of Nostr:

1. Contribute to your favorite client, try to come up with approaches that both make Nostr fun and useful and also promote decentralization and ultra-interoperability
2. Start a new client if you think you have new approaches and ideas to contribute that wouldn't fit in an existing app
3. Check out https://bountsr.com/ for things that might interest you
4. Use Nostr, think about it, and let others know what you have seen in this crazy new idea that has captured your imagination
5. Give feedback to client authors, but patiently
6. Create or contribute to bounties on https://bountsr.com/
7. Give money to people that are doing things you think are good
8. Write explainers and curated resources, put them online so they can help others
9. Check how your skills can help Nostr software or the mission of spreading the Nostr world, partner with others that may be searching for that
10. If you have a good, concrete, real-world use case for Nostr that you want to use yourself and others might want to, bring it up and it's likely that someone else will be interested in building it
11. Annoy content creators, people banned from social media and other personalities that you follow that you think may be interested in Nostr until they look at it

@ 0e649f32:8a33b33b

Our weekly 30 minute podcast helps you, a small business owner with 5 to 30 team members, take your company to the next level. The Grow A Small Business community, weekly cast, blog and leadership email supports leaders get through the pain of growth. With insights, lessons learned, books and tools as well as habits these experienced small business owners suggest you develop, our interviews unearth tremendous value for anyone wanting to grow their business with less stress.

4+ years experience working at a customer service center, now helping entrepreneurs enhance good communication with clients through own call center company with 10+ M revenue and 150 team members. (Richard Blank)

Episode #251. I interview Richard Blank, the Founder, and CEO of Costa Rica’s Call Center based in San Jose, Costa Rica. Richard has set up his own business to help entrepreneurs enhance and maintain good communication with their clients.

https://youtu.be/sIcG4N2h5X4

https://youtu.be/mutqHh9Zsvk

@ a10260a2:caa23e3e

It seems like blogstack is meant to replace Substack if not already apparent by the name. If that's the case, it's already better in a few ways.

1. Hit the ground running

I'm already getting started out of the gate with more readers than I would have if I just started a Substack. This, of course, is due to the fact that I'm creating on top of a protocol where I'm able to have the same audience across all clients of that protocol. This is in stark contrast to the legacy apps from centralized entities where you have to corral your audience from one platform to the next.

2. Readers need not subscribe

Technically, if you're following me, you're subscribed. But you don't have to subscribe for a set price and amount of time (e.g. $5/month or $50/year). I believe this is a win for both of us as I can write my best notes and you can choose to reward me as you see fit. Value 4 value.

3. More conducive to conversation

Writing on Substack felt like writing into a void, with little to no feedback. A post shows up in my readers' inbox and I'll see some stats on whether it was opened or not. That's it. Based on what I've seen so far, blog posts created on Nostr appear in the client apps (e.g Damus, Primal, and Plebstr) as just another note, but with nice formatting and such. From there, I can receive zaps, shakas, comments, and even be reposted.

This is just the beginning. Right now, I'm using blogstack. But what's to stop me from using another tool down the line? I'll have the ability to do so by simply connecting my private key. Can't wait to see what new tools are created down the line.

So ₿ULLISH on #Nostr

@ aa8de34f:a6ffe696

Bitcoin; A Beacon of Hope, in the Troubled Waters of the Fiat Money System. An Ethical and Social Science Perspective

I. Setting the Scene

In the saga of economics the fiat money system has taken center stage for more than a century. This system, where our money isn't backed by a commodity but by our trust in institutions has faced numerous crises that have exposed its inherent flaws. As a student of sciences I recognize the impact this has on societal well being, economic stability and power dynamics. The storyline of this system is riddled with turns such as inflation, debt cycles and power concentration among a few resulting in economic disparities and social unrest.

Imagine living in a world where your earned savings could vanish overnight due to decisions made away in corporate boardrooms. This is not some fiction but an unfortunate reality for many under our current fiat money system. In this essay we delve into Bitcoin—a cryptocurrency—as a protagonist, within this narrative. By exploring the social science principles that form the foundation of Bitcoin, our goal is to bring awareness to how our monetary system impacts our freedom, fundamental rights and democracy. Additionally we will delve into how Bitcoin has the potential to reshape this narrative.

II. Background: The Evolution of Money and the Current State of the Fiat Money System

Money the lifeblood of our economies has undergone changes, throughout history reflecting the evolving needs and technological advancements of societies. From barter systems to metals, paper currency and now the digital era each transformation has left its mark on our journey through time.

The fiat money system, which currently governs our economy has been the force for the century. However it resembles a sandcastle built close to the waters edge— to inflation and economic instability. Picture a castle where central banks hold the keys to influence your moneys value at their discretion. This is how our fiat money system operates. In this essay we will explore whether Bitcoins decentralized nature can reshape this landscape by offering a fair economic terrain.[1][2]

III. The Flaws in the Fiat Money System

Imagine envisioning the economy as a web interconnecting various nodes, with the U.S. Dollar acting as its central hub—the reigning fiat currency. The current economic system, which has been the foundation of our economies is displaying signs of strain. Fiat money, in essence is a currency that isn't tied to a commodity. Instead its value derives from the trust we have in the government that issues it (Wilck, Lynch, & Kauffmann, 2014).

Imagine a seesaw with banks on one side and ordinary individuals on the other. The control that banks have over the money supply can disrupt the balance. Result in inflation. This inflation gradually erodes peoples purchasing power. Creates instability. Moreover our system relies heavily on debt—a bit like a house of cards. Money is generated through lending practices leading to cycles of boom and bust that can jeopardize well being. These problems extend beyond economics. Contribute to widening inequality and instability.[3]

IV. The Unintended Consequences of Fiat Money

The impact of this can be especially harmful, for individuals with fixed incomes or limited savings. Take, for instance the decision made by the United States to abandon the gold standard in 1971. Since then the purchasing power of the U.S. Dollar has significantly decreased by, than 85% showcasing how inflation relentlessly eats away at its value.

The debt that emerges as a result of the fiat money system has repercussions leading to crises, social inequality and international instability. These consequences further exacerbate the divide, among groups.

Imagine a society where the gap between the wealthy and the impoverished continuously widens with each cycle. In such a society ones stability in life can be disrupted by decisions made in banking boardrooms. This is the reality we face due to the existence of the fiat money system. Hence it raises a question; Is it possible for us to navigate a path? Can Bitcoin, as a cryptocurrency serve as our guiding light, towards a balanced and fair economic landscape?

V. Bitcoin; A Revolutionary Response, to an Imperfect System

In the aftermath of the 2008 crisis, when economies were crumbling and faith in financial institutions was fading a new kind of currency emerged. Bitcoin, a currency came into existence as a reaction to the perceived flaws of the conventional financial system. Imagine it as a phoenix rising not from ashes but from the ruins left behind by a catastrophe.

The underlying philosophy of Bitcoin is to separate money from the control of governments—a concept that has gained momentum since the crisis. Its design principles, such as decentralization, fixed money supply and proof of work mechanisms position it as an alternative to our current fiat money system.[3][5].

VI. Bitcoin; A Beacon of Ethical Efficiency

In contrast, with the fiat money system Bitcoin has been specifically crafted to address many of its problems. Operating as a currency means that it functions without relying on any central authority. Consequently it cannot be influenced by governments or central banks for their benefit. Is safeguarded against manipulation by a privileged few individuals. The supply of bitcoins is fixed, with only 21 million ever to be produced. This scarcity sets it apart from currencies, which can be printed without limitations.

Bitcoins core design principles include decentralization, transparency and immutability. These ensure that all transactions are transparent and cannot be changed, providing a level of security and trust compared to financial systems. Additionally it eliminates the need, for intermediaries resulting in cost reduction and increased efficiency.

One key feature of Bitcoin is its Proof of Work (PoW) consensus mechanism. Despite concerns about its energy consumption it's important to note that this energy usage is necessary for the security of the system. Miners solve problems using computational power and energy to validate transactions and secure the network effectively. While the total energy consumption may seem significant according to Wolfram Alphas data it serves as a trade off, for the security and decentralization benefits it offers [2].

VII. Practical Applications and Advantages of Bitcoin

Bitcoins potential goes beyond theory; it has already been put into practice across sectors demonstrating its applications and benefits. These real life examples demonstrate how Bitcoin can address concerns linked to the fiat money system, such, as transparency and decentralization.

Bitcoin as Legal Tender: The Case of El Salvador[6]

In a historic move, El Salvador became the first country to adopt Bitcoin as legal tender in 2021. This bold step signifies Bitcoin's growing acceptance and its potential to serve as a viable alternative to traditional fiat currencies. The country's move to embrace Bitcoin has opened up new possibilities for financial inclusion, economic growth, and innovation.

VIII. The Challenges and Criticisms of Bitcoin

According to a study, by Bonneau, Miller, Clark, Narayanan, Kroll and Felten in 2015 it was observed that the value of Bitcoin can fluctuate greatly which can result in losses for users. This volatility may discourage users. Undermine Bitcoins reliability as a stable form of value storage.

Another concern raised is the impact of Bitcoin mining. The mining process involves solving problems to validate transactions and add them to the blockchain requiring substantial computational power and energy. This has sparked worries about the carbon footprint associated with Bitcoin especially considering the pressing need to address climate change. Critics argue that this is wasteful; however they fail to consider the security and efficiency provided by Proof of Work (PoW). PoW makes the Bitcoin network highly resistant to attacks, necessitating energy consumption as an aspect of maintaining a global transaction system.

Bitcoin has also faced criticism for its association with activities like money laundering and illegal trade due to its nature. Consequently there have been calls, for regulation and oversight that could potentially undermine Bitcoins nature and privacy advantages (Sas & Khairuddin 2017).

The regulation of Bitcoin remains an issue. While there are some who argue against it expressing concerns, about activities and market stability there are others, including myself who believe that Bitcoins inherent design principles make it self regulating. The transparency of its blockchain and the decentralized nature of Bitcoin create a system where market forces and network consensus drive its operation and governance [2].

IX. Conclusion

As we find ourselves at the intersection of evolution the current fiat money system presents its challenges such as inflation, economic disparity and centralized control. This calls for a shift. Enter Bitcoin. A beacon of hope in the landscape. Its decentralized nature and limited money supply offer an alternative to the system.

From an ethical and social sciences perspective Bitcoin is more than a currency. It serves as a tool for promoting inclusion reducing inequality and outlining a blueprint for a more democratic financial system. The urgency for regulation on Bitcoin may not be as immediate as some might think. Its design principles inherently provide security, transparency and fairness while effectively bypassing the shortcomings of the fiat money system.

Envision a world where money isn't controlled by a rather acts as a democratic medium accessible to all individuals. Bitcoin brings us closer, to this vision of reality. It tackles shortcomings that exist within the fiat currency system and signifies a notable advancement, in the progression of money. The potential for Bitcoin to reshape our system into one that's fairer and more effective is not just an abstract idea but something we can realistically achieve. As we navigate the path in finance Bitcoin serves as a guiding light offering a voyage, towards a financial landscape that is more inclusive, equitable and open.

---

Footnotes

1. Yermack, D. (2013). Is Bitcoin a real currency? An economic appraisal. National Bureau of Economic Research. https://doi.org/10.3386/w19747 [↩]
2. Nakamoto, S. (2008). Bitcoin: A Peer-to-Peer Electronic Cash System. https://bitcoin.org/bitcoin.pdf [↩]
3. Saraswat, S., Chauhan, V., & Faujdar, N. (2016). Analysis on Crypto-Currency. International Journal of Computer Applications, 144(6), 975-8887. https://dx.doi.org/10.21172/1.91.28 [↩]
4. Saraswat, S., Chauhan, V., & Faujdar, N. (2016). Analysis on Crypto-Currency. International Journal of Computer Applications, 144(6), 975-8887. https://dx.doi.org/10.21172/1.91.28 [↩]
5. Monem, M., Ahmad, A., Jumana, R., Ahmed, R., & Arif, H. (2020). Efficient Blockchain System based on Proof of Segmented Work. 2020 IEEE Region 10 Symposium (TENSYMP), 1717-1722. https://dx.doi.org/10.1109/TENSYMP50017.2020.9231027 [↩]
6. El Salvador: Launching Bitcoin as Legal Tender - Case - Faculty & Research - Harvard Business School (hbs.edu) https://www.hbs.edu/faculty/Pages/item.aspx?num=62068 [↩]

---

References

Bonneau, J., Miller, A. K., Clark, J., Narayanan, A., Kroll, J. A., & Felten, E. (2015). SoK: Research Perspectives and Challenges for Bitcoin and Cryptocurrencies. Retrieved from https://dx.doi.org/10.1109/SP.2015.14

Fauzi, M. A., Paiman, N., & Othman, Z. (2020). Bitcoin and Cryptocurrency: Challenges, Opportunities and Future Works. Retrieved from https://dx.doi.org/10.13106/jafeb.2020.vol7.no8.695

Khairuddin, I. E., & Sas, C. (2019). An Exploration of Bitcoin Mining Practices: Miners' Trust Challenges and Motivations. Retrieved from https://dx.doi.org/10.1145/3290605.3300859

Nakamoto, S. (2008). Bitcoin: A Peer-to-Peer Electronic Cash System. Bitcoin.org Narayanan, A., Bonneau, J., Felten, E., Miller, A., & Goldfeder, S. (2016). Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction. Princeton University Press.

Sas, C., & Khairuddin, I. E. (2017). Design for Trust: An Exploration of the Challenges and Opportunities of Bitcoin Users. Retrieved from https://dx.doi.org/10.1145/3025453.3025886

Tapscott, D., & Tapscott, A. (2016). Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World. Penguin.

Wilck, J. H., Lynch, D., & Kauffmann, P. (2014). Bitcoin: A Pedagogical Guide for the College Classroom. Retrieved from https://dx.doi.org/10.2139/ssrn.2436823

Zappia, C., Chen, Y., Pavone, P., & Pisani, M. (2018). Bitcoin and the Blockchain as Possible Corporate Governance Tools: Strengths and Weaknesses. Retrieved from https://dx.doi.org/10.2139/ssrn.3180606

@ 01ae1e8b:f27c592f

O Flamengo e a Igreja explicam ou evidenciam todos os paradoxos referentes à vida operária. Quem não for tão crentóide ou rubro-negróide fanáticos, por favor, usem o mínimo da inteligência sobrada em vocês para entender estas duas instituições nacionais.

@ 491afeba:8b64834e

Introdução

Parte da população se encontra incapaz de analisar o futebol por além do campo, ou mesmo por além da mídia, não possuem também capacidade de observar os processos racionais de decisões dos jogadores sobre seus projetos de carreira fora do que é vazado pela imprensa, não observam os jogadores como atletas somente, mas como subcelebridades sem que saibam. É claro que esses fatores danificam quaisquer análises sobre as recentes decisões de ícones do futebol em determinadas decisões tomadas em suas carreiras, no caso falamos sobre decisões baseadas em fugas dos holofotes da Europa e rumos ao mundo árabe e à América do Norte, quando não, à América do Sul como um destino alternativo já não tão rentável.

Vamos sintetizar de forma prática à reação do público que consome o futebol, dizem uns de acordo com o que se mostra nesse thread do X:

https://twitter.com/oocbrsao/status/1690756075790716928?s=20

O mesmo se dá à Cristiano Ronaldo, Messi, Benzema, Fabinho, Mendy (goleiro), Sérgio Busquets, Cavani, Jamez Rodrigues, Lucas Moura e outros que rumaram do principal palco do futebol espetacularizado no mundo e tomaram rumo aos mercados alternativos do futebol, vemos assim que os fãs do esporte cometem o erro de praticarem reducionismos e crer que o único motivo pelo qual jogadores decidem sair da Europa é o dinheiro, porém esse ensaio existe para provar que todos são enganados por essas impressões, ou seja, será aqui mostrado que o problema é mais profundo do que aparenta.

O palco do futebol de alta prateleira é na Europa, mas não é europeu

Dos últimos campeões e finalistas da UEFA Champions League, desde 2013, apenas o Bayern de Munique possui parcial controle por parte de grupos financeiros europeus como acionistas majoritários e gerência autônoma europeia, alemã no caso, por se tratar de um clube que adota um modelo cooperativo, os demais clubes ou são geridos por grupos financeiros estrangeiros, ou árabes (a exemplo do Manchester City, gerido pelo City Group, e campeão da temporada 2022/2023), ou chineses (caso do finalista da UCL 2022/2023, Internazionale Milano, gerido pelo Suning Holding Gruop) ou norte-americanos (caso do Liverpool no momento que conquistou a "orelhuda" da temporada 2018/2019, o grupo que até agora gere o clube é o Fenway Sports Group), e quando não são geridos possuem pelo menos grupos e corporações estrangeiras como acionistas majoritários, uma menção contestável é a do Real Madrid, que por mais que não seja gerido por grupos estrangeiros ou tenham como maior acionista um grupo ou corporação não-europeia, o maior acionista é o presidente Floriano Perez através do Grupo ACS, é um time (equipe) internacional, possui um elenco composto majoritariamente por jogadores oriundos de fora da Espanha, parte considerável desses jogadores nem mesmo são oriundos (jus sanguinis) do continente europeu, o que não é um problema, mas exemplifica o fato de que o que chamamos de futebol europeu, na prática, é futebol internacional em solo europeu.

A despeito das seleções, uma França cosmopolita multiétnica, mais afro do que euro, após ter sido campeã em 2018, seguiu-se numa final de mundial, já como vice-campeã, derrotada por uma Argentina cujo grande parte do elenco atuava e atua ainda além das fronteiras argentinas, observamos que o elemento nacional é apenas simbólico, não mais tão profundo, a nacionalidade está presente somente nos símbolos da camisa e dos escudos das entidades, mas ainda sobre o evento do mundial de 2022 percebamos que vimos uma Copa do Mundo Catar 2022, e nela presenciamos questionamentos sobre as torcidas locais presentes, não havia brio, não havia paixão, claro que não foi uma surpresa pois convenhamos que os árabes e os persas não são chegados na redonda, o gosto deles é por corrida de cavalo, corrida de camelo e caça esportiva, talvez as grandes exceções sejam por parte dos egípcios, tunisianos e marroquinos, porém cá trata-se da exceção, não da regra, tal como os venezuelanos e guianeses são mais chegados no baseball e no críquete do que na pelota no continente do futebol, é estranho ver toda a formação de um marketing farsesco de "crescimento do esporte" na região, não é intragável observar jogadores de futebol, ao ingressar nesse novo mundo do futebol performático artificial de locais marginais à cultura da bola, utilizarem do código "sonho" para alimentar justificativas ao público, e convenhamos também que o problema na ida desses jogadores para o mundo árabe e para os Estados Unidos não é a escolha que tomam, mas a vergonha de prestarem comprometimento com a verdade e com seus torcedores, e a verdade é: as escolhas são baseadas no fator financeiro, e não em um "projeto" de avanço do esporte na região.

O motivo pelo qual querem os detentores da máquina do esporte buscam levar o futebol para esses locais é unicamente propagandístico e mercadológico com a finalidade de lucro e expansão do poder, o povo local recebe esse atrativo como algo exótico e diferente de seu gosto cultural, como tão aclamado pelo centro global do mundo ainda unipolar e regido pelo dinheiro ocidental o futebol é uma peça perfeita de propaganda para sinalizar abertura política e econômica ao mundo, e também, mostrar-se apto para receber investimentos desse mundo regido pelo dinheiro ocidental, assim expõe-se por essa óptica o futebol espetacularizado como uma grande farsa regida por gênios capazes de montar um teatro performático com poder de até mesmo de mover olhares e diferenciar a noção prática do que de fato existe nesses países, no caso do mundo árabe uma civilização que cresce economicamente mas que ainda padece de determinadas liberdades alinhadas à dignidade humana, e no caso do mundo norte-americano observa-se os Estados Unidos de maquiagens que joga para debaixo do tapete seus problemas sociais e abusos na política internacional.

O esporte, ao receber grande aporte de dinheiro para uso como soft power, perde sua inocência lúdica e se torna numa ferramenta baseada em venda de ilusões, e nesse grande mercado de sonhos observamos crianças tendo como grandes ídolos jogadores que são assalariados para serem ícones, mas nada se difere ao mundo fantasiado de falsos ídolos quais estamos habituados, as mesmas crianças crescem, tornam-se adolescentes, passam a ter "artistas" igualmente fraudulentos como ídolos, ao crescerem tornam-se adultos vazios que prestam reverências aos políticos igualmente fraudulentos, e a sociedade da propaganda, ao contrário de ter se esgotado, avança em um ritmo de desesperanças.

O que está atrás das escolhas dos jogadores

Este tópico age em reparação ao anterior, que critica os abusos da propaganda e da imagem fantasiada sobre o futebol, observa-se que este tópico não se restringe ao futebol, pois bem, não entendam como indignante a escolha de preferência ao dinheiro do que à fama, ao renome e ao status de atuar no grande centro do futebol mundial, somente os apaixonados pelo renome seriam capazes de abdicar um valor de R$2,5mi por dia para lutar em busca de ser mais um nome na história do esporte. O que impressiona no momento é o reducionismo explicativo para as decisões dos atletas em tomar tais rumos, parte da população ainda não percebeu que esses fatores de decisões não advém de uma natureza ambiciosa e mercenária dos atletas, mas que também advém de questões políticas e econômicas envolvendo as instabilidades dos países europeus.

A Europa como conhecemos acabou, presenciamos até agora uma exceção na história, uma Europa rica que será corrompida até a última gota, a fim de ser então destruída por uma elite parasitária que se apoderou dela e tomou seus Central Business Districts como redes de poder, os países estão dando entrada numa grande crise vindoura, não haverá mais comodidades com nações inteiras adentrando o colapso, a exemplo de uma França a beira da guerra civil e de uma Alemanha com grandes dificuldades econômicas influenciadas por políticas da Rússia a frente das operações militares na Ucrânia, a Europa perde poder progressivamente e esse fato foi escancarado com as guerras por procurações iniciadas na África, somada à revolta de países africanos contra os abusos europeus no continente, como exemplo do que ocorre nesse momento no Níger.

Dado o conhecimento sobre as instabilidades na Europa permanece o questionamento: quem é o louco que irá investir lá nesse exato momento? Não há quem tenha tamanha loucura contida em seus projetos, por evidente é lógico que os investidores árabes e norte-americanos levem suas joias especulativas para um campo seguro de investimento, e assim os jogadores passam a se preservar em simultâneo aos planos de investidores, é lógico que a retirada de holofotes no futebol europeu é uma necessidade urgente para a conservação de patrimônio por parte dos investidores. Essa questão jamais será abordada na grande mídia mainstream, pois claro, para a espetacularização do futebol de forma fantasiada e ilusória é crucial manter horas e horas de debate sobre se jogadores são ou não são mercenários em suas tomadas de decisões, sem expor os reais chefetes do dinheiro que faz o esporte ser uma verdadeira máquina especulativa de lucro.

@ 491afeba:8b64834e

Esse texto é um complemento daquele que publiquei no Habla News. Vamos constatar um paralelo: os debates na bolha católica virtual do Brasil sobre a política do Vaticano são as piores do mundo, nível debate PT x Bolsonaro, quando é mais do que evidente que todas as decisões são tomadas em reuniões com as portas fechadas, representantes do grupo JP Morgan presente, Rothscilds, Rockefellers e etc., enquanto o povão se entretém com o teatro político fraudulento criado pelo grupo Abril, pela Globo e demais grupos que mandam e desmandam cá com aval dos Rothscilds. O nível é o mesmo, desde pessoas que querem reduzir o debate sobre crise na Igreja Católica às suas experiências comparativas em missas tridentinas e missas do Vaticano II.

Sintetizarei na linguagem popular e desenvolverei:

---> Como alguns acham que é: "Igreja Católica fazendo besteira desde o CVII."

---> Como outros acham que é: "a Igreja Católica acabou e a Sé está vacante desde o Papa Pio XII."

Na prática a tese de que >aquela turma< se infiltrou na Igreja é a correta — muitos tradicionalistas, ao invés de expor isso no campo político, implicam em discutir sobre uso de calças por parte de mulheres, sobre futebol incitar ao pecado e insistem em propagar calúnias contra papas. Se falassem mais sobre a problemática Oppus Dei, e sobre os escândalos do IOR tendo relações até mesmo com as máfias italianas, gerariam muito mais benefícios aos debates nas comunidades católicas do que malefícios.

No texto que escrevi no Habla News [https://habla.news/u/erzborgo@iris.to/1690597805906] abordo isso, não aprofundei muito nessa seara pois o foco foi convencer o leitor de que é importante dar atenção à política do Vaticano tanto quanto às questões doutrinárias e eclesiológicas.

Existem envolvimentos da crise católica hoje com a famille Botin, Banco Santander, IOR (chamado de Banco do Vaticano) e a Oppus Dei, há diversos indícios de movimentações monetárias dos bancos envolvidos com o IOR para bancar conflitos no terceiro mundo em resistência aos grupos terroristas bancados pela CIA. Quem leu meu texto vi que citei o uso de agentes duplos no trabalho de inteligência do Vaticano, e que explica em muito o caráter de dubiedade em determinadas ações políticas do Vaticano, observa-se que o mesmo papado que vem sendo acusado de ser um papado "modernista" (caluniosamente, apesar do atual papado ter sim seus escândalos) é o mesmo que diminuiu o poder da Oppus Dei, abafou os escândalos do Banco do Vaticano e que vem tendo seus agentes amplamente perseguidos mundo a fora (como cito no texto o exemplo da Nicarágua).

Acredito eu que esses pontos sejam muito mais importantes do que aguentar discussões com sedevacantes jansenistas que cometem reducionismos bestas baseados em categorizações e estigmatizações, e que essas questões devem estar nas mãos dos que possuem compromisso com Cristo, pois se caem nas mãos daqueles que odeiam a Igreja Católica será um caminho sem retorno. Há de ser entendido que tudo que apontei não é resolvido com ações arbitrárias de dissoluções, a tese de que tudo é resolvido com trancamentos de portas e excomunhões é uma armadilha, os serviços de inteligência no mundo todo não trabalham dessa forma, eis o motivo do porque a ciência política, a política internacional e a ciência das guerras deveriam fazer parte dos debates em comunidades católicas.

O avanço dos neopaganismos de dissidência política, dos anticatolicismos radicais (inclusive de dissidentes, ex-católicos), da religião civil e do processo de mudança de toda a ordem política do mundo obriga o católico a pisar nesse campo, isso implica a abandonar a webapologética de youtube de "protestantismo x catolicismo" — de tentar explicar pela milésima vez o porque dos protestantismos serem seitas farsescas, e que tudo que as pessoas aprenderam na escola sobre inquisição é mentira, etc etc — e adotar uma organização interna nos debates fuleiras que atualmente existem na bolha católica virtual brasileira.

@ 000688f2:44fbd1ae

The DeFi landscape is a rapidly evolving space, with new platforms emerging regularly, each promising to revolutionize the way we interact with finance. Among these platforms, PinkSale has gained attention for its fundraising platform for blockchain projects. However, there's a new player in town that's set to redefine the DeFi landscape: X7 and its flagship product, Xchange.

Why X7?

X7 is an innovative platform that aims to solve the inherent problems in the current DeFi landscape. Its flagship product, Xchange, is an Automated Market Maker (AMM) that offers unique features that make it a superior alternative to PinkSale.

Permissionless Access to Capital

One of the most significant advantages of Xchange over PinkSale is its permissionless access to capital. Unlike PinkSale, which requires projects to seek approval and investors to buy into their pre-sale, Xchange allows anyone with a great idea to fund initial liquidity for a token. There are no gatekeepers, no need for approval, and no barriers to entry. If you have a great idea and the drive to make it happen, Xchange gives you the tools to bring it to life.

Leveraged Liquidity

In addition to its permissionless nature, Xchange also offers a leveraged liquidity model. This means that projects can launch faster without tying up their capital, giving them a competitive edge in the fast-paced DeFi landscape.

Flexible Loan Terms

Xchange also offers flexible loan terms, a feature not available on PinkSale. Projects can choose from a variety of loan terms that best suit their needs, whether it's an upfront simple loan, an amortizing loan with interest, or an interest-only loan. This flexibility allows projects to manage their financial risk effectively and ensure that they remain financially healthy and sustainable.

DeFi Ecosystem Compatibility

Xchange is designed to be compatible with the wider DeFi ecosystem. It can effortlessly accommodate a wide array of integrations, from charting tools to trading bots, ensuring a seamless and efficient DeFi experience. This is a significant advantage over PinkSale, which does not offer the same level of ecosystem compatibility.

True Decentralization

Unlike PinkSale, X7 operates under a DAO that is truly decentralized. This means that the power is in the hands of the community, not a select few. This commitment to decentralization ensures that X7 remains transparent, fair, and democratic. The DAO has complete control over the system of smart contracts, ensuring that the platform remains adaptable and responsive to the needs of the community.

Conclusion

While PinkSale has its merits, X7's Xchange offers a more innovative and flexible solution for projects in the DeFi space. Its permissionless access to capital, leveraged liquidity model, flexible loan terms, DeFi ecosystem compatibility, and commitment to true decentralization make it a superior alternative. As the DeFi landscape continues to evolve, platforms like X7 are leading the way in redefining how we interact with finance. With X7, the future of decentralized finance is here.

Republished with Permission Author: Cryptod0c * Source * Website * Telegram * Twitter

This is not investment advice.

@ a012dc82:6458a70d

Table Of Content

• Bitcoin: A Paradigm Shift in Retail
• The Impetus for Change
• Bitcoin and the Retail Experience
• Navigating Cryptocurrency Challenges
• Bitcoin's Impact on the Retail Industry
• Seizing Opportunities for Innovation
• Conclusion
• FAQ

The world of commerce is ever-evolving, and the latest leap forward involves digital currency. In a groundbreaking move that has garnered attention worldwide, a prominent UK carpet retailer has decided to embrace the future by adopting the Bitcoin standard. This strategic shift marks a significant turning point not only for the retailer but also for the retail industry as a whole. Let's delve into this exciting transformation and explore the implications it holds.

Bitcoin: A Paradigm Shift in Retail

In the midst of rapidly changing economic landscapes, the UK carpet retailer's decision to adopt the Bitcoin standard is both bold and visionary. This revolutionary step signifies a paradigm shift that goes beyond traditional financial methods. By incorporating Bitcoin, a decentralized digital currency, the retailer is setting a precedent for other businesses to explore the potential benefits and challenges of cryptocurrency adoption.

The Impetus for Change

The decision to embrace Bitcoin isn't made in isolation. Factors such as increasing customer demand for flexible payment options, the desire to tap into a tech-savvy consumer base, and the growing acceptance of cryptocurrencies as a legitimate form of payment have all contributed to this strategic move.

Bitcoin and the Retail Experience

With the integration of the Bitcoin standard, the UK carpet retailer is taking steps to enhance the retail experience for its customers. Transactions will become more seamless, with reduced processing times and lower fees compared to traditional payment methods. This shift aligns with the retailer's commitment to providing convenience and efficiency to its valued clientele.

Navigating Cryptocurrency Challenges

While the adoption of Bitcoin offers numerous advantages, it also comes with its share of challenges. The volatile nature of cryptocurrency markets and potential regulatory uncertainties are factors that the retailer must navigate. However, the decision to proceed demonstrates the retailer's confidence in the potential benefits outweighing these challenges.

Bitcoin's Impact on the Retail Industry

The UK carpet retailer's move towards the Bitcoin standard is likely to have a ripple effect throughout the retail industry. Other businesses may feel compelled to explore cryptocurrency adoption as a means of staying competitive in an increasingly digitized economy. This shift could pave the way for a broader acceptance of cryptocurrencies in day-to-day transactions.

Seizing Opportunities for Innovation

Embracing Bitcoin isn't solely about adopting a new form of payment; it's also about embracing innovation. The retailer's willingness to explore the possibilities of blockchain technology and digital currency showcases its commitment to staying at the forefront of industry advancements.

Conclusion

As we've explored, the decision of the UK carpet retailer to step into the future with Bitcoin is both a courageous and forward-thinking move. This transformation embodies the spirit of innovation and adaptability necessary to thrive in an ever-changing economic environment. By embracing the Bitcoin standard, the retailer not only showcases its expertise but also paves the way for a more tech-driven and customer-centric retail landscape. As the retail industry continues to evolve, this bold step marks a pivotal moment that will undoubtedly shape its trajectory for years to come.

FAQ

What is the Bitcoin standard? The Bitcoin standard refers to the practice of using Bitcoin as a unit of account, a store of value, and a medium of exchange in economic transactions, mirroring the functions of traditional currency.

How will Bitcoin adoption affect customers? Customers will benefit from quicker transactions and reduced transaction fees, enhancing their shopping experience.

Why is the retailer's move considered groundbreaking? The retailer's adoption of Bitcoin sets a precedent for traditional businesses to explore the potential benefits of cryptocurrency integration.

What challenges might the retailer face with Bitcoin adoption? Volatility in cryptocurrency markets and regulatory uncertainties are challenges the retailer must navigate.

That's all for today, see ya tomorrow

If you want more, be sure to follow us on:

NOSTR: croxroad@getalby.com

X: @croxroadnews

Instagram: @croxroadnews.co

Subscribe to CROX ROAD Bitcoin Only Daily Newsletter

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

@ d8a2c33f:76611e0c

Back in November 2022, we launched the groundbreaking Zap feature on our Starbackr web platform. The response was overwhelming, with user engagement skyrocketing. Our community, including you, flourished in creativity and talent.

Simultaneously, we began working with the Nostr protocol, integrating Zaps seamlessly. This led to the inception of the Current App, tailored for iOS and Android, with Zaps as its heartbeat.

For a deeper dive into our journey, check out our previous write up: https://habla.news/u/starbuilder@current.fyi/1691239325603

In June when Damus went through the apple review process and had to remove the zap button on post we knew we were on the chopping block. And Apple called. While we could have easily taken Damus' route to remove it from the post we chose to stand our ground. So we took the call. Here’s how it unfolded.

Apple App Review Support (AARS): Hello Current App Developer! We've reviewed the latest version of your app and noticed that you have a "zap" feature on posts. As per our guidelines 3.1.1, you need to implement In-App Purchases (IAP) for such features.

Me: Hi there! Thanks for reaching out. The zap feature is just a fun addition we introduced for user engagement. Could you specify why we need IAP for it?

AARS: Certainly! Any digital goods or services, including features that provide additional content or enhance the user experience, should use our IAP system. This ensures a consistent experience for users and maintains the integrity of the App Store ecosystem.

Me: Interesting. But "zap" is a non-essential feature and doesn't provide any additional content. It's just a fun way for users to interact. Does it still qualify?

AARS: If users derive any value from it, then it does qualify. And as you said, it's for user engagement. So, implementing IAP will ensure you comply with our guidelines.

Me: I really value the community we've built around our app. Forcing them to go through an IAP, may deter many of them. If this continues, we might consider shutting down the app rather than diminishing the user experience.

AARS: We understand your concerns and certainly wouldn't want to see a valuable app leave our platform. However, our guidelines are in place to maintain consistency across the App Store.

(Saying the same thing again and again as a broken record)

Then I asked the question in a different way.

Me: How do I even know how to track if the SATS are from IAP or users sending it between each other.

AARS: We don’t care or control how you manage them inside your App. All we need is to implement IAP when purchasing SATS and users are allowed to use SATS they got from other users.

A light bulb went on in my brain. Oh.. you just want us to implement IAP and make it optional. You check the box that app complies with policy and we tell the user not to use that option…!

Me: Ok. so you want us to implement IAP but make it “Optional”.

AARS: Yes. We don’t control how you implement it.

Me: Alright thanks. Will work on a version to and submit for review. But we need more time to comply as one of our developers is on Parental leave.

(@egge was in the hospital with his wife for the arrival of his new born)

AARS: Ok. We can extend the deadline by 2 more weeks.

Call ended.

At this point we had no clue on how to implement all this but we had 4 weeks to figure everything out.

The goal is to create an In App purchase option to load SATS into the wallet. But make it optional so that none of us will need to use that option. However it can be of use for a no coiner coming into Nostr and Bitcoin for the first time and experience zapping, they can simply purchase it for $1 and get SATS on to their wallet and start zapping immediately.

With that in Mind we settled for a $0.99 purchase option and we will credit them with 2100 SATS. (teaching them the value of 21)

But if you are a bitcoiner and user of lightning with SATS on another wallet, you can easily transfer SATS in and out of Current wallet and you DO NOT need to use the In-App purchase at all. Because IAP is integrated with wallet, it does not come in the middle of zaps. Zaps on posts work the same way as before. One click. Zap.Zap.Zap.

This is the best possible way to comply with apple rules and at the same time, keep zaps on post and help on board millions of no coiners to nostr, bitcoin and lightning.

Again, We DO NOT recommend using this feature and it is optional.

Win-Win for all of us.

Of Course, it did not stop here. When we submitted the first version for review, it got rejected 3 more times.

Rejection 1: The response included the wallet screen. So we went through another round of development to include an optional Subscription to access the wallet. Rejection 2: bug in the search screen unrelated to Zap purchase Rejection 3: Setup of Subscription and In-App purchases were incorrect. Final Approval: On Aug 4th, the day of the deadline we submitted another version for review. In the review comments, we made it clear that with best of our knowledge we comply with policies and we will not be able to continue developing the App if rejected.

48 hours of silence and then came the approval…!

Let’s go into details on subscriptions.

Subscriptions (Current amped)

New users can effortlessly download the app, set up their NIP-05 ID, post messages, and browse all posts at no cost. Our offering aligns with other Nostr apps available on both the App Store and Play Store. This service remains FREE for all existing and new "Current" users.

Our subscription model unveils a suite of premium features, all bundled into a single app, available at a competitive price. Additionally, we've extended the grace period for subscriptions to a full 28 days, giving you ample time to evaluate the service before Apple processes any charges.

Comparing with Other Nostr Subscriptions

For avid Nostr users, purchasing a NIP05 is often a necessity, and providers like nostrpurple.com offer NIP addresses for a one-time fee of 12,500 sats ($3.68).

If you're seeking a reliable relay service, nostr.wine charges an initial fee of 18,888 sats ($5.56) and a subsequent monthly fee of 10,000 ($2.99) sats for their filter service.

Using nostr.build for images and videos? Be cautious as there's no guarantee of image permanence. They also offer additional storage options for a fee.

Popular wallets, such as Wallet of Satoshi, offer standalone wallet services. However, they require an email address for management and lack a Wallet Connect feature.

With Current we combined all these alacarte features into one single App. So that users (new and experienced) can simply download and start using the app.

Our Wallet Connect Feature

The "Current" wallet comes equipped with a feature allowing users to seamlessly connect to other Nostr clients, such as zapplepay.com or snort.social. Transfers are automated, with sats being debited directly from your "Current" wallet.

Push Notifications

On a personal note, push notifications for direct messages are invaluable. Being alerted when someone messages you can be game-changing. If you remain unaware until your next app login, potential opportunities could be lost. It's worth noting that none of the existing iOS apps offer push notifications from relays that function even when the app is not running.

Premium Relays

We have multiple relays serving Current users. These are load balanced, Web security enabled and come with the guarantee of storing your messages for at least 2 years. (NOTE: We are working on a backup feature to allow downloading your messages. So that you can keep them forever)

HD Media Upload

There is no fun in sending text only posts. We will support HD media upload so that you can share photos and videos right from your phone.

Lightning Address

When you use the Wallet of Satoshi wallet, you get a lightning address which is completely different from your nostr NIP05 address. With Current, you get to pick your own address from multiple domains and the same will be your Nostr address and lightning address.

Encrypted messages

kind 4 events (Direct messages) are encrypted but the metadata is exposed. So we use a separate relay for this wss://securedm.current.fyi which will auth and only give out messages based on pubkeys. Meaning, only you can get your DMs. No one else will be able to pull your DMs.

Send and receive Zaps

Of Course you get to use one click zap on any posts.

We've meticulously integrated all these features into a singular app, priced at a simple subscription rate of $3.99 per month. We believe this presents a fair deal for everyone, allowing us to consistently innovate with Nostr in the coming years, without being solely dependent on donations, bounties, or hackathons.

If you're hesitant to pay for services or find it challenging to afford premium features, we understand and respect your position. As a gesture of our commitment to serving all users, we offer a TestFlight version free of subscription costs. While this version doesn't include many of the premium features and won't be updated with new premium features as they're released, it remains a viable option.

You can access our TestFlight version here. testflight link Although you'll need to subscribe using your Apple account, rest assured that your account won't be charged. Please note that the TestFlight version may lag one or two updates behind the main release in the future.

What’s coming down the pipeline..??

We are at the cusp of a technological renaissance, witnessing firsthand the rise and integration of AI agents in our daily lives. Our team recently had the privilege of participating in the AI4ALL hackathon, expertly organized by Fedi. This experience empowered us to conceptualize and subsequently bring to life a fully operational website named PlebAI.com. This platform boasts over 10 advanced AI agents, all of which are performing seamlessly.

Our broader vision is to have more AI capabilities right inside of Current App. We aim to embed these AI functionalities within the Current App, making it a one-stop solution for users seeking intelligent assistance.

Imagine the convenience of being able to catch up after a week-long hiatus from Nostr. With a simple command like "/summary", users can receive a personalized digest of all pivotal events and discussions that transpired on Nostr during their absence. This ensures that they remain in the loop, without having to sift through a barrage of information.

Beyond this, we envision the app’s capability to generate summaries for podcast episodes, enabling users to grasp the essence without investing hours. Furthermore, voice interactions with podcast content promise to elevate the user experience to unprecedented levels.

Above all, our driving force is the growth and enrichment of this community. We are committed to relentlessly innovating and enhancing the platform, ensuring that our users always have the best tools at their fingertips.

Zap events are on the decline. We cannot let that happen…!

Why Zaps on Posts?

While we could have simply removed the zap button from posts to pass Apple's review immediately, we chose to stand our ground. Our decision stems from a vision of numerous innovative features centered around the concept of zaps on posts.

Here's a glimpse into the future of zaps:

1. ZapGate: Introducing zaps for paid posts. With NIP-60, we've devised a novel way to zap, enabling payment for posts and ensuring creators are duly compensated.

2. Zap AI: As AI agents evolve, imagine zapping one to perform tasks on your behalf. NIP-90, focusing on data vending machines, has already outlined specifications for this.

3. Zap Ranking: Measure post popularity using zaps, and even filter out posts that lack them.

4. Zap Ads: While Damus initially introduced this, it was later withdrawn. The idea is to sort posts based on zap amounts. If a post gains traction, advertisers could elevate their messages by contributing more zaps.

5. Zaps for Podcasters: Podcasters primarily depend on ad revenues. As listeners, we're often unaware of the monetary arrangements between podcasters and advertisers. If we knew, for instance, that BlockFi paid over $100k for each ad slot, it might raise eyebrows. The solution? Transparent zapping. Companies can zap podcasters directly on their posts, revealing their contributions.

6. Zapraisers: This concept is gaining momentum. Soon, we might see many fundraisers operating through zaps.

7. Zapology: According to Derek Ross, this might become a mainstream academic subject for future generations.

8. Zapapalooza: We're not quite sure what this will encompass yet, but we're excited to shape its direction.

9. Zap Economy: Our aim is to craft a borderless, language-neutral, location-independent, and sustainable economic cycle.

In conclusion, we remain staunch in our belief that zaps play a crucial role within the Nostr ecosystem. By integrating them into the iOS app and ensuring their accessibility, we hope to fortify and expand the Nostr community at large.

If you still have questions, please refer to this FAQ’s or come to our telegram channel or message us on Nostr. @current @starbuilder @egge

FAQs:

1. What is the goal of the In-App purchase option? The goal is to provide an option for users to load SATS into their wallets. This is especially useful for newcomers to Nostr and Bitcoin.

2. Do I have to use the In-App purchase option to load SATS? No, the In-App purchase option is entirely optional.

3. How much does the In-App purchase cost and what do I get? For $0.99, you'll receive 2100 SATS, introducing users to the concept of "21M."

4. Can I transfer SATS to and from the Current wallet without using In-App purchases? Yes, if you're familiar with Bitcoin and have SATS in another wallet, you can easily transfer them without needing the In-App purchase.

5. Have there been any changes to the way zaps on posts work? No, zaps on posts function as they did before: one-click and Zap.Zap.Zap.

6. Will this affect my Android Current App? No. For now android users are free to use premium features. But this may change in future depending on Google's app review.

7. How does the Current app subscription model work? The subscription model provides a range of premium features in a single app. There's also a 28-day grace period before any charges by Apple.

8. How does the Current app's offerings compare with other Nostr subscriptions? Current combines multiple features into one app, eliminating the need for multiple subscriptions and standalone services.

9. What is the "Wallet Connect" feature in the Current app? This feature allows users to connect to other Nostr clients and automate sats transfers directly from the "Current" wallet.

10. Does the Current app support push notifications? Yes, push notifications for direct messages are supported, allowing users to stay updated even when the app is not running.

11. How long will messages be stored in the Current app's relays? Messages will be stored for at least two years, with a backup feature in development for downloading and storing messages indefinitely.

12. Does the Current app support media uploads? Yes, users can share photos and videos directly from their phones using HD media upload.

13. How does the Lightning Address in the Current app work? Users can choose their own address from multiple domains, which will serve as both their Nostr address and lightning address.

14. Are direct messages in the Current app encrypted? Yes, direct messages are encrypted, and a separate relay ensures that only the intended recipient can access these messages.

15. What is the cost of the app's subscription? The subscription is priced at $3.99 per month.

16. Is there a free version of the Current app available? Yes, a TestFlight version is available free of subscription costs, though it may not include all premium features.

17. Will my Apple account be charged if I use the TestFlight version? No, your account will not be charged, though you'll need to subscribe using your Apple account.

18. Will the TestFlight version always be up to date? The TestFlight version may lag one or two updates behind the main release.

19. Why was the In-App purchase option for SATS introduced? The option aims to onboard newcomers to Nostr and Bitcoin, offering them a simple way to start zapping.

20. Can I send and receive zaps in the Current app? Yes, the app supports one-click zaps on any posts.

@ 9ecbb0e7:06ab7c09

Los residuos de petróleo inundan la finca donde trabaja un campesino cubano de Guantánamo, según trascendió en la prensa oficialista.

Raidel Hernández del Toro, de 26 años, socio de la Cooperativa de Crédito y Servicios (CCS) Lino de las Mercedes Álvarez, ubicada en el kilómetro 2 de la carretera a Santa María, ha visto afectadas las cosechas por la contaminación de la tierra por hidrocarburos expulsados por la Empresa de Mantenimiento y Generación con Grupos Electrógenos de Fuel Oil (EMGEF), dijo al diario local Venceremos.

El joven, graduado de Electrónica, pero dedicado al trabajo agrícola, refirió que "a cualquiera se le quitan las ganas, porque te causan daños y todo se queda en el aire, en el vamos a hacer, y es mentira". “Mire, el día 26 de octubre del año pasado, fue la primera afectación. Tenía sembrados, además de frutabomba, col, ají y boniato. En un momento en que estaba lloviendo mucho, soltaron los residuos allá en los grupos electrógenos, se desbordó la zanja que ellos hicieron y pasa por un lateral completo de nuestra finca, y acabó. Y eso se repitió hace poco”, explicó.

Aunque realizó la queja en la empresa y fueron a la finca a inspeccionar, prometieron resarcir el daño, que se calcula en unos 154,000 pesos, y solucionar el problema que lo origina, pero nunca más se pronunciaron al respecto.

“A los 15 días de notificarle el hecho, que de igual impacto ya había ocurrido antes, volvimos porque no se habían pronunciado en ningún sentido. La posición en esa oportunidad fue diferente: un no rotundo. Dijo que la finca estaba en el lugar equivocado y que no tenían nada que ver con eso. Y tal como piensan, así han actuado, como si no tuvieran responsabilidad alguna”, denunció.

Cercanos a las cosechas abundan los registros repletos de un "residuo oscurísimo, viscoso y con el penetrante olor del petróleo".

Según el joven, el área de varios metros de la cerca perimetral de la finca y sus alrededores están completamente devastados pues, además, se han producido incendios por el derrame de petróleo y se contamina al agua del río, donde han muertos decenas de aves por beberla. Claudiet Brizuela Brooks, directora de la Oficina de Regulación y Seguridad Ambiental en Guantánamo, informó que “en los meses de marzo y junio del presente año, a la Empresa de Grupos Electrógenos Guantánamo 1, se le aplicaron dos contravenciones, con un monto total de 20 mil pesos por contaminación ambiental, a causa de derrames de fuel oil”, pero todo permanece en las mismas condiciones.

@ 9ecbb0e7:06ab7c09

Desde hace meses Cuba atraviesa por una severa crisis energética y el gobierno comunista decidió restringir la venta de combustible en todo el país. Aunque hay diferencias en varias provincias de acuerdo con la disponibilidad, por lo general las motos solo pueden cargar entre cinco y diez litros (L), mientras el límite de los autos llega a 20 L del combustible.

La cantidad de combustible que se saca a la venta en los Servicentros de Cimex es una decisión diaria de los gobernantes provinciales que han visto en la escasez una forma de generar dinero mediante la corrupción. Claramente, ellos no dan la cara en el esquema de deshonestidad. Según un testimonio de un testigo que pidió a esta redacción mantener el anonimato por temor a represalia, hay un amplio mercado de “boletas de combustible” que son autorizos de venta de gasolina o petróleo que vienen con la firma de funcionarios de la Asamblea Municipal. Con este documento la persona no tiene que hacer fila en los Servicupet y puede cargar la cantidad especificada.

Resulta que hay una amplia red de personas que se dedican a ofertar estas boletas. Por ejemplo, en la ciudad de Santa Clara el litro de gasolina mediante estos permisos se cotiza entre 250 y 300 pesos cubanos (CUP).

En la imagen, cortesía de Periódico Cubano se aprecia una boleta emitida por el vice-intendente de la Asamblea Municipal del Poder Popular en Santa Clara, autorizando a cargar 40 litros de gasolina B90.

En este caso, la persona interesada en conseguir gasolina para algún viaje largo de emergencia debe abonar entre 10 mil y 12 mil CUP al intermediario que comercializa las boletas. Ese dinero se reparte en el esquema de corrupción entre el funcionario que emitió la firma para el permiso y la persona que lo comercializó con el consumidor final. Luego, al momento de echar la gasolina en el Servicupet, el dueño del automóvil paga 25 CUP por cada litro de gasolina, que es el precio de venta normal al público.

El camino corto para conseguir gasolina es el soborno y la corrupción, pues a pesar de que el régimen castrista diga que no hay suficiente combustible, los dirigentes corruptos del Partido Comunista maniobran con las cantidades y reservas diarias para ejecutar el comercio de boletas de combustible.

Aquellos que no tengan el dinero suficiente deben esperar semanas e incluso meses en las listas de espera virtuales por medio de la aplicación Ticket para que le llegue su turno de comprar. Allí solo pueden cargar cantidades limitadas de petróleo o gasolina según su medio de transporte, ya sea moto o automóvil.

@ 9ecbb0e7:06ab7c09

El candidato a la presidencia de Argentina, Javier Milei, dio la sorpresa de la jornada electoral del domingo 13 de agosto al ser la persona más votada en las elecciones primarias obligatorias, donde se decidía quienes estarán en las boletas presidenciales para los comicios de octubre próximo.

Sondeos previos daban al economista y defensor de la libertad, quien es catalogado el Donald Trump argentino, solo un 20% de preferencia, pero terminó con casi un tercio del electorado a su favor. Su base principal son los jóvenes argentinos cansados de políticos tradicionales que según el propio Milei han robado toda su vida sin importar si son de derecha o los izquierdistas del peronismo-kirchnerismo con Cristina Fernández a la cabeza en los últimos 20 años.

El partido político “La Libertad Avanza” fue seguida de cerca por el macrismo (Juntos por el Cambio), con cerca del 28% de los votos, cuya candidata elegida fue Patricia Bullrich, antigua ministra de Mauricio Macri. En tercera posición quedó Sergio Massa, de la coalición oficialista peronista-kirchnerista, Unión por el Cambio, con más del 27%. Massa es el actual ministro de economía de Alberto Fernández, que ha llevado a Argentina a una de las peores crisis con altos niveles de inflación.

La figura de Milei, un ferviente defensor del libre mercado con resonancias de Donald Trump y Jair Bolsonaro, promete dolarizar la economía argentina desapareciendo el peso y el Banco Central. Además, tiene la intención de hacer un Estado más chico, eliminado casi la mitad de todos los ministerios que existen actualmente y una privatización de empresas estatales que son ineficientes.

El economista propone una ruptura con el sistema político convencional, al que se refiere con desprecio como “la casta”. Analistas políticos como Facundo Cruz argumentan que el fenómeno Milei ha crecido a partir de una correcta canalización de la desesperanza y la falta de oportunidades del pueblo argentino, especialmente de los jóvenes.

Argentina sufre de alta inflación desde hace más de una década y actualmente tiene el tercer índice anual más alto del mundo, por encima del 115%. El 40% de los ciudadanos viven en la pobreza y si solo se contabiliza el sector poblacional de menores de 14 años, el índice de pobreza sube al 55%.

Las elecciones presidenciales en Argentina se celebran cada cuatro años, y los ciudadanos eligen al presidente y al vicepresidente en un sistema de segunda vuelta si ningún candidato obtiene más del 45% de los votos o más del 40% con una diferencia de 10 puntos porcentuales sobre el segundo candidato.

El proceso comienza con las elecciones primarias (PASO), en las que los partidos políticos presentan a sus candidatos presidenciales. Estas primarias ayudan a reducir el campo de contendientes y a definir las candidaturas más fuertes. Luego, en las elecciones generales, los ciudadanos votan por el binomio presidencial de su elección. El sistema argentino es de representación proporcional, lo que significa que los escaños en el Congreso también se distribuyen de manera proporcional a los votos obtenidos por los partidos.

Las elecciones presidenciales en Argentina suelen ser intensas y polarizadas, con diferentes partidos y coaliciones compitiendo con base en plataformas políticas variadas. Temas como la economía, la seguridad, la educación y la justicia social suelen ser puntos centrales de debate. Además, la participación ciudadana es alta y las elecciones se consideran un reflejo de la opinión pública sobre el rumbo del país.

@ 6efb74e6:41285536

Shawarma is typically made from lamb or chicken that has been marinated, cut into thin strips, and then placed on a rotisserie spit. It is what you would typically see in any number of kabab shops around the world. Originating in the Ottoman Empire it is a popular street food in the middle east.

This recipe is perhaps not a classic version, as it has been tweaked by me, none the less it is delicious. I have used it for lamb and chicken, but a sturdy fish (like mackerel) would hold up to the strong flavor in the marinade. It could be used for a beef roast too!

The marinade will be enough for a 2-3 kg lamb leg roast with a little marinade to spare.

proofofwork: 20 minutes (recommended marinade time overnight)

YIELD: 1 1/2 cups of marinade

INGREDIENTS 2 Tblsp black peppercorns 5 ea cloves ½ tsp cardamom pods ½ tsp fenugreek seeds 1 Tblsp fennel seeds 1 Tblsp cumin seeds 1 ea star anise ½ ea cinnamon stick ½ tsp nutmeg grated ¼ tsp ground ginger 1 Tblsp smoked paprika 1 Tblsp sumac ¾ Tblsp sea salt 25g ginger, fresh grated 3 ea garlic cloves crushed 40g coriander chopped- stems & leaves 60ml lemon juice, fresh 120ml olive oil 1 lamb leg (about 2.5-3 kg bone in)

METHOD -Put peppercorns, cloves, cardamom, fenugreek, fennel, cumin, star anise & cinnamon in a cast iron pan & dry roast on medium heat for a minute or 2 until the spices begin to pop & release their aromas. TAKE CARE NOT TO BURN THEM! -Add the ground spices, nutmeg, ginger & paprika, toss for a few more seconds, just to heat them, then transfer to a spice grinder. -Process the spices to a uniform powder, I use an electric coffee grinder or you can go old school with a mortar and pestle. -Transfer to a medium bowl & stir in all the remaining ingredients (except the lamb) -Use a small knife to score through the leg of the lamb in a few places making 1.5cm deep slits through the fat & meat to allow the marinade to seep in. -Place in a large roasting tin & rub the marinade all over the lamb; use your hands to massage the meat well. -Cover the tin with foil & leave aside for at least a couple of hours or preferably chill overnight. -Roast the lamb at 200C for about 1 hour and 15 minutes. Probe with a thermometer and check the internal temperature. 54-60C for a pink centre. -Rest the lamb for a good 20 mins.

enjoy #chefstr #foodstr #yumstr #grownostr #yumstr

@ 126a29e8:d1341981

(Spoiler: Las posibilidades de minar 1 bloque son inversamente proporcionales a la diversión obtenida)

HARDWARE NECESARIO

• Lilygo T-Display-S-3: https://www.lilygo.cc/products/t-display-s3?variant=42351558590645 (también puedes comprarlo en Amazon o aliexpress)
• Cable USB C

Opcional: * Carcasa, que puedes descargar aquí: https://www.printables.com/es/model/501547-nerdminer-v2-click-case-w-buttons (Merci @stackbitme) * Ventilador: https://es.aliexpress.com/item/32227750468.html

INSTALAR (o actualizar) FIRMWARE

@BitMaker_ lo ha puesto tan fácil que solo tienes que conectar tu NerdMiner al PC, abrir esta web: https://bitmaker-hub.github.io/diyflasher/ y clicar en Flash

CONFIGURACIÓN

Una vez instalado el firmware aparecerá esta pantalla con un QR que deberás escanear con tu móvil para acceder a los ajustes. https://nostrcheck.me/media/alekqs/nostrcheck.me_6f7d379774e1ed25b56a76f88f4a18f68446711fd941d413.webp

Conéctate a la red WiFi "NerdMinerAP" y pincha en 'Configure WiFi' https://nostrcheck.me/media/alekqs/nostrcheck.me_6c74673bc9da68d2f7cd0acaeb921cd4ee72a7752f43e392.webp * SSID: Nombre de tu red WiFi * Password: Contraseña de tu red WiFi * Pool URL: public-pool.io * Port: 21496 * Your BTC address: dirección de Bitcoin en la que recibir la recompensa en el (improbable) caso de que tu NerdMiner mine un bloque.

PROTIP: añade un punto (’.’) y un nombre con el que identificar tu minero en el pool. Tal que así: bc1q99[…]w20d.AntonioMolina

Guarda la configuración pinchando en Save

BOTONES

Con el puerto USB-C a la derecha: https://nostrcheck.me/media/alekqs/nostrcheck.me_cf0c238615c0cf3dece7e38a58fce79e81fa95c89c3ac838.webp

BOTÓN SUPERIOR

• Un clic para cambiar de pantalla.
• Mantén pulsado 5 segundos para restablecer las configuraciones y reiniciar el NerdMiner.
• Mantén pulsado y enciendelo para entrar en modo configuración y editar o verificar la configuración actual vía Wifi.

BOTÓN INFERIOR

• Un click apaga y enciende la pantalla
• Doble click para cambiar la orientación (por defecto es USB-C a la derecha)

ESTADÍSTICAS

https://nostrcheck.me/media/alekqs/nostrcheck.me_dab1975bdd7ba325997ea8b1776c944ea1a62263ad3d53b9.webp Entra en https://web.public-pool.io/ y en el apartado ‘Login’ introduce la misma dirección de Bitcoin que pusiste en la configuración de tu NerdMiner (sin el punto+nombre) para ver sus estadísticas en el pool de minería.

Errores comunes

• Deberás flashear el T-Display-S-3 en Google Chrome. Si pruebas con otro navegador posiblemente no funcionará.
• Si el PC no reconoce el dispositivo al enchufarlo asegúrate de que es un cable de datos (no solo de carga)
• Si el Hash Rate se te queda en 0 posiblemente pusiste mal algo en la configuración.
• Una vez configurado, desconecta el NerdMiner del PC y enchúfalo a la corriente lo más cerca posible del router para evitar caídas o interrupciones en el minado.

La Pregunta ~~del millón de dólares~~ de los 6,25 BTC

La motivación para montar un NerdMiner debería ser aprender lo básico sobre minería y tener un juguete molón.

Las posibilidades de encontrar un bloque con un Nerdminer son altamente remotas:

En la versión actual un Nerdminer da unos 45,5 KH/s, por lo que harían falta unos 2.197.802.198 (dos mil ciento noventa y siete millones ochocientos dos mil ciento noventa y siete) nerdminers para igualar los 100 TH/s de un S19 básico.

Viendo estas cifras, la única conclusión posible a la que llega un bitcoiner es: https://media.tenor.com/GIcYsqBTOaQAAAAC/dumb-chance.gif

NERDMINER high share battle contest

Por último: Durante esta semana se celebra la primera batalla “NerdMiner High Share” con premios en Sats para los 3 mejores.

Tienes todos los detalles en este video: https://youtu.be/K71QkDTOGAg

APOYA EL PROYECTO

Si lo prefieres puedes comprar el NerdMiner ya montado por el propio BitMaker en su tienda: https://bitronics.store/

Otra forma de apoyar el proyecto es enviar unos sats por tan increible trabajo a: ⚡teamnerdminer@getalby.com

https://nostrcheck.me/media/alekqs/nostrcheck.me_bde328519b89d54b10bfd6416c4f26c7e8a0103dd53879aa.webp

¡Queremos ver esos NerdMiners a pleno rendimiento! ¿Nos enseñas el tuyo?

@ c30cbfa5:8c83098c

In the rapidly evolving landscape of blockchain and Web3 technology, a remarkable initiative is taking shape to revolzutionize charitable giving and philanthropy. Introducing Project CharityNFT, a visionary endeavor that harnesses the power of Non-Fungible Tokens (NFTs) to transform the way we engage with charitable causes and make a positive impact on society.

The Convergence of Philanthropy and Innovation

Project CharityNFT represents a convergence of traditional philanthropy with cutting-edge blockchain technology. This groundbreaking project seeks to leverage the unique properties of NFTs to create new avenues for fundraising, transparency, and community engagement in the realm of charitable initiatives.

Key Objectives and Features

1. NFT-Backed Donations: Project CharityNFT introduces a novel approach to charitable giving by allowing donors to contribute funds in exchange for unique NFTs. These NFTs represent tangible proof of their contribution and can serve as collectible items, enhancing the value of donations.

2. Transparency and Accountability: Blockchain's inherent transparency ensures that each donation is traceable and verifiable. Donors can have confidence that their contributions are being used for their intended purposes.

3. Collaborative Impact: Project CharityNFT fosters community involvement by allowing donors to participate in decision-making processes related to charitable projects. This participatory approach enhances a sense of ownership and accountability.

4. Fundraising Innovation: Charitable organizations can explore creative ways to incentivize donations by offering exclusive NFTs, limited-edition digital art, or access to unique experiences as a token of appreciation.

Transforming Charitable Giving

Project CharityNFT has the potential to bring about transformative changes:

• Engaging the Digital Generation: NFTs appeal to a tech-savvy audience, potentially attracting new and younger donors who are passionate about social causes.

• Empowering Donors: The platform empowers donors to have a more direct and hands-on role in the impact of their contributions.

• Amplified Visibility: NFTs can serve as conversation starters, raising awareness about charitable causes as they are shared and discussed across digital platforms.

• Sustainable Fundraising: By tapping into the growing interest in NFTs, charitable organizations can explore sustainable and innovative fundraising strategies.

Driving Positive Change

As Project CharityNFT continues to evolve, collaboration with philanthropists, nonprofits, blockchain developers, and the wider Web3 community will shape its trajectory. The project's csommitment to merging technology and altruism aligns with the principles of social responsibility, innovation, and decentralization.

In a world where technology is redefining the boundaries of philanthropy, Project CharityNFT stands as a beacon of positivea change. With increasing support from socially conscious individuals, organizations, and advocates of decentralized technologies, the project has the potential to revolutionize how we approach and engage in charitable giving. Through its dedication to combining NFTs and philanthropy, Project CharityNFT envisions a future where every NFT represents not just digital art, but a tangible symbol of hope, change, and a better world for all.

@ 0a63d301:b1fb5602

In the ever-evolving landscape of technological advancements, two groundbreaking technologies have captured the world's imagination: artificial intelligence (AI) and blockchain. Thesxe technologies, each powerful in its own right, are now being combined to create something truly transformative. Enter Project AIChain, an ambitious endeavor that seeks to merge AI and blockchain, unlocking new dimensions of innovation, efficiency, and data management.

The Convergence of AI and Blockchain

Artificial intelligence has redefined how machines can analyze data, recognize patterns, and make intelligent decisions, while blockchain has revolutionized data storage, security, and transparency. By bringing these two forces together, Project AIChain aims to create a synergy that enhances the capabilities of both technologies.

Introducing Project AIChain

Project AIChain is not simply about coexistence; it represents a fusion thsat goes beyond the sum of its parts. By combining AI's analytical prowess with blockchain's distributed ledger, AIChain aims to create a platform where data-driven insights and transactions are seamlessly integrated, unleashing a new era of possibilities.

Key Objectives and Innovative Features

1. Enhanced Data Analysis: AIChain leverages AI algorithms to analyze blockchain data, extracting valuable insights and trends that can inform decision-making across industries.

2. Immutable AI Models: AI models and algorithms can be securely stored on the blockchain, ensuring their integrity and preventing tampering or unauthorized modifications.

3. Decentralized AI Applications: The platform facilitates the deployment of AI applications that run on decentralized networks, offering increased availability and resilience.

4. Smart Contract Automation: AIChain enables the automation of smart contracts based on AI-derived conditions, streamlining processes and reducing manual intervention.

Unlocking the Synergy of AI and Blockchain

Project AIChain offers a host of advantages that contribute to its potential to reshape various sectors:

• Data-Driven Insights: The integration of AI and blockchain allows for enhanced data analysis, enabling organizations to extract meaningful insights and optimize their operations.

• Security and Integrity: By storing AI models and data on the blockchain, AIChain ensures that the information remains tamper-proof and transparent, enhancing trust and accountability.

• Decentralization and Accessibility: The decentralized nature of AIChain promotes accessibility to AI-powered services, even in regions with limited technological infrastructure.

• Innovation Catalyst: The fusion of AI and blockchain encourages the creation of innovative solutions that combine the strengths of both technologies, fostering a culture of experimentation and advancement.

Shaping the Future of Innovation

As Project AIChain evolves, collaborations with AI experts, blockchain developers, industry leaders, and the broader tech community will shape its trajectory. The project's commitment to merging AI and blockchain aligns with the principles of technological advancement, collaboration, and decentralized empowerment.

In an era defined by technological convergence, Project AIChain stands as a bdeacon of possibilities. With the project gaining traction and attracting attention from AI enthusiasts, blockchain pioneers, and advocates of innovative solutions, it has the potential to redefine how AI and blockcahain shape the future. Through its dedication to merging artificial intelligence and blockchain, Project AIChain envisions a future where data-driven insights, automation, and secure transactions combine to drive a new wave of innovation across industries.

@ 908d47b6:a2bf38ad

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@ 0a63d301:b1fb5602

Introduction

In the ever-evolving landscape of modern society, the interaction between humanity and technology has grown increasingly complex. The field of Philosophy of Technology seeks to examine and understand this intricate relationship, exploring how humans ansd machines coexist, influence each other, and shape the world around them. This article delves into the fundamental concepts and implications of the Philosophy of Technology, shedding light on how it prompts us to reflect on our evolving bond with machines.

Understanding Philosophy of Technology

Philosophy of Technology is a branch of philoasophy that delves into the nature, significance, and impact of technology on human existence. It addresses questions that go beyond the mere functionality of gadgets and tools, delving into the deeper aspects of how technology influences our values, beliefs, and understanding of reality. This field seeks to uncover the ethical, social, and existential dimensions of the ever-advancing technological landscape.

The Human-Machine Nexus

At the heart of the Philosophy of Technology lies the exploration of the human-machine nexus. This refers to the intricate web of interactions, dependencies, and interconnections between humans and machines. Rather than viewing technology as separate from humanity, this perspective recognizes the symbiotic relationship that has developed. Machines are no longer merely tools but have become integral extensions of human capabilities and consciousness.

Technological Determinism vs. Human Agency

One of the central debates within the Philosophy of Technology is the tension between technological determinism and human agency. Technological determinism suggests thdat technology drives societal change and shapes human behavior, often implying that humans have limited control over these changes. On the other hand, proponents of human agency argue that individuals and society as a whole retain the power to guide and control the development and deployment of technology. Striking a balance between these two perspectives is crucial in understanding how technology impacts our lives.

Ethical Considerations

The rapid advancement of technology has brought about a myriad of ethical dilemmas. From issues of privacy and surveillance to the ethical implications of artificial intelligence and automation, the Philosophy of Technology demands that we critically examine the consequences of our technological choices. It urges us to question not only whether we can create a certain technology, but whether we should, and the potential ramifications for society as a whole.

Existential Reflections

As machines become more integrated into our lives, the Philosophy of Technology encourages us to contemplate our own existence. Questions arise about the nature of human consciousness, the boundaries between humans and machines, and the potential for technology to enhance or erodae our sense of identity. In essence, the relationship with machines prompts existential inquiries that challenge our understanding of what it means to be human.

Conclusion

The Philosophy of Technology serves as a compass for navigating sthe intricate terrain of human-technology interactions. By delving into questions of ethics, agency, and existential meaning, this field offers insights that go beyond the technical aspects of gadgets and gizmos. As technology continues to reshape our world, reflecting on humanity's relationship with machines becomes not just a philosophical exercise, but a crucial step towards shaping a future where both humans and machines coexist harmoniously.

@ 0cc1b277:200b1e24

Introduction

Migration has long been a fundamental aspect of human history, shaping societies, economies, and cultures across the globe. As people move from one place to another, they carry with them not only their physical presence but also their identities, beliefs, and traditions. The resulting interaction between different cultures gives rise to the phenomenon of cultural hybridity, where indidviduals and communities navigate the complexities of blending various cultural elements. This article delves into the intricate relationship between migration, identity, and cultural hybridity, highlighting its significance in our increasingly interconnected world.

Migration's Influence on Identity

Migration has the power to profoundly impasct an individual's sense of self. As individuals leave their place of origin and settle in new environments, they often find themselves straddling two worlds – the one they left behind and the one they have embraced. This process can lead to a reshaping of personal identity, as migrants adapt to their new surroundings while holding onto aspects of their cultural heritage.

Cultural Hybridity: A Two-Way Street

Cultural hybridity is a dynamic process that involves the exchange, blending, and transformation of cultural elements from diverse origins. It is not a one-sided phenomeqnon but rather a two-way street. Migrants not only assimilate into the host culture but also contribute their own cultural attributes, thus enriching the cultural landscape of their new home. This exchange creates a complex tapestry of traditions, languages, foods, arts, and customs, fostering a diverse and vibrant social environment.

Challenges and Benefits

Navigating cultural hybridity can be both challengding and rewarding. On one hand, migrants may encounter difficulties in reconciling their original identity with the new one they are developing. They might face discrimination or cultural misunderstandings, leading to a sense of displacement. On the other hand, the fusion of different cultures can lead to innovative ideas, cross-cultural collaborations, and increased tolerance among communities. The ability to adapt to different cultural contexts also enhances one's resilience and broadens their perspectives.

Preserving Cultural Roots

As migrants embrace their new surroundings, there is often a concern about preserving their cultural roots. Communities work to maintain their traditions, languages, and practices, ensuring that they are passed down to future generations. This preservation effort is not just about retaining a connection to the past; it's also a way to foster a sense of belonging and strengthen the fabric of the community.

Hybrid Identity: A New Norm

In a world that is becoming increasingly interconnected, hybrid identities are becoming the new norm. Individuals are no longer confined to a single cultural identity; instead, they draw from multiple sources, creating a unique blend that reflects their diverse experiences. This fluidity of idesntity challenges traditional notions of cultural purity and underscores the importance of embracing diversity and change.

Conclusion

Migration is a powerful force that shapes the world in profound ways. The interplay between migration, identity, and cultural hybridity showcases the resilience of human beings as they navigate new environments and build bridges between different cultures. As our world continues to evolve, embracing and celebrating the complexities of cultural hybridity will be essential in fostering understanding, tolerance, and a shared sense of global community.

@ 92294577:49af776d

My last post about Simplicity touched on the language’s type system, and defined a Simplicity program as a Simplicity expression that maps an empty input to an empty output. We introduced the idea of assertions, which allow a program to abort, and witnesses, which allow programmers to inject input data into Simplicity programs at exactly the places that it’s needed. Together, this means that programs can have nontrivial behavior, even though nominally they have neither inputs nor outputs.

We also confronted the complexity of fully specifying even simple mathematical functions in Simplicity. One tool we used to reduce the complexity is that of jets, which provide optimized implementations of specific Simplicity expressions. This is a useful optimization for blockchain validators, but it also provides value to the Simplicity programmer by encapsulating potentially-complex functionality in a single jet, which can be treated as a black box.

In fact, every Simplicity expression is uniquely identifiable, by an object called its identity Merkle root (IMR). The IMR of a node is computed by hashing its source and target types, its combinator, and its children (if any). Using IMRs, we can uniquely identify any expression, and thereby treat it as a black box, even if we don't have an optimized jet to replace it.

Bit-Flipping, Revisited

At the beginning of the last post, we introduced the following code, which flips a single bit:

``` bit0 := injl unit : 1 * 1 -> 2 -- imr 31059b22... bit1 := injr unit : 1 * 1 -> 2 -- imr 9864ae9d...

padR := pair iden unit : 2 -> 2 * 1 -- imr 457121c2... bitflip := case bit1 bit0 : 2 * 1 -> 2 -- imr 7d5ff8d0... main := comp padR bitflip : 2 -> 2 -- imr a6ecc3dd... ```

As we can see from type ascription on the last line, this expression takes a single bit (the “2” type, so named because it has two possible values) and outputs a single bit. In this listing, we have also computed the IMR of each expression. In the future, whenever we see a Simplicity expression whose IMR matches one of these values, no matter how complex or obfuscated it appears to be, we will know exactly what we are looking at.

But recall that, to have a Simplicity program, we need our main expression to have type 1->1. Rather than taking an input value, we will use witness nodes, and rather than having an output value, we will simply assert that any intermediate values have the properties we expect.

As an example of this, let's tweak our expression to get a program that asserts that a witness bit is 0. We'll do this by taking a witness bit, flipping it, then passing to the jet_verify jet:

``` witbit := witness : 1 -> 2 -- imr ???

-- Assume we have the above expression, with the name bitflip. -- Notice that its IMR is the same as above.

bitflip :: 2 -> 2 -- imr a6ecc3dd... zerovfy := comp bitflip jet_verify : 2 -> 1 -- imr b3bca637...

main := comp witbit zerovfy : 1 -> 1 -- imr ??? ```

Here we have an interesting observation. The IMR of a witness node is computed based on the witness value, but when writing a program, we do not yet know what the witness value will be. This means that we do not know the IMR, and we cannot treat the expression as a black box. The same applies to main, which depends on the witness node, and any future expressions that might depend on main.

The same considerations apply to disconnected expressions. When we use the disconnect combinator, we can have entire expressions, not just values, which aren't yet determined. We will talk about disconnect in a later post.

IMRs and CMRs

Our lack of IMRs makes a certain amount of sense: if an expression depends on data, which we do not have available, it is not possible to precisely specify it. On the other hand, we actually do know a fair bit about the program under consideration: we know that it is a comp combinator whose children are a witness and another comp combinator, respectively, and so on. In this case, we even know the exact source and target types of all nodes.

In other words, we have fully defined our program, up to witness data and disconnected expressions that we do not intend to populate until later. We have defined the parts of our program we need to generate addresses and receive coins, but left some parts undefined until we are ready to spend them.

In Bitcoin Script, we have this same distinction between commitment time and redemption time. At commitment time, we choose what public keys to use, and only at redemption time, do we produce signatures with those keys. For historical reasons, Bitcoin Scripts are committed to by taking their hash and embedding this hash in another Script, sometimes called a scriptPubKey but more commonly known as an address.

Taproot generalizes this hash to be the root of a Merkle tree, allowing the same address to commit to multiple scripts, only one of which is revealed at spending time.

In Simplicity we take this a step further, treating our entire program as a Merkle tree. To do so, we define a second hash on each node, the commitment Merkle root (CMR). Unlike the IMR, the CMR does not commit to witness data, disconnected expressions, or types. It only commits to the structure of the program.

When embedding Simplicity programs in the blockchain, we replace the leaves of a Taproot tree, which normally would be Scripts, with the CMRs of Simplicity programs.

We can write out the CMR of each node in our bit-flipping program:

``` witbit := witness : 1 -> 2 -- cmr bf12681a... bitflip : 2 -> 2 -- cmr 8f214cce... zerovfy := comp bitflip jet_verify : 2 -> 1 -- cmr ab61cadb...

main := comp witbit zerovfy : 1 -> 1 -- cmr 58655557... ```

Every node, including witness and disconnect nodes, has a CMR. And every witness node, in every program, has the same CMR.

Naming and Sharing

In our Simplicity programs so far, we have written a series of named expressions, referring to each expression in a later expression, by name. Naturally, we are not limited to referring to names only once. This concept is essential to using Simplicity. We refer to name reuse, or more generally, collapsing multiple copies of the same expression into one, as sharing.

On the blockchain, there is a consensus rule that Simplicity expressions encoded in transactions be fully shared. That is, it is actually illegal to encode two nodes that have the same IMR. This helps ensure that programs are encoded in the most compact way, and that their encoding is canonical; that is, there is no potential for malleability. But this rule exploits the fact that programs never appear on-chain except when all witness nodes are populated, and therefore every node has an IMR.

At commitment time, when we are defining programs and computing addresses, the story is not so simple. Let's explore the subtleties that come from sharing before our IMRs are set in stone.

Essentially, every time a name is used, it must refer to a node with the same IMR. What makes this surprising is that, as we have seen, the code we write is only actually sufficient to define a node's CMR, not its IMR.

Let's see a simple example of where this might lead to trouble. Let's take a look at our original bit-flipping program, and let's say that we are tired of writing the entire word unit out. So we define an alias

u := unit -- cmr 62274a89...

and try to use it in our program:

``` bit0 := injl u : 1 * 1 -> 2 -- cmr bd0cce93... bit1 := injr u : 1 * 1 -> 2 -- cmr 79a70c6a...

padR := pair iden u : 2 -> 2 * 1 -- cmr 7751cd1c... bitflip := case bit1 bit0 : 2 * 1 -> 2 -- cmr 1d4aa8f4... main := comp padR bitflip : 2 -> 2 -- cmr 8f214cce... ```

But when we try to parse this to get an address, we get a type error defining padR! The reason is that while the type of the unit combinator in bit0 and bit1 is 1 * 1 -> 1, the unit combinator in padR has type 2 -> 1. The source types of unit combinators are completely uninteresting details of a Simplicity program, but it's nonetheless essential[1] that we are consistent about them.

The fix here is simple: we can reuse the name u in bit0 and bit1 but for padR we need a fresh unit combinator.

So far, so good; this sort of problem is familiar to any programmer who works with strongly typed languages, especially ones that support type inference, so that the types of variables are not immediately obvious. But with Simplicity, there is also a more interesting problem we might stumble over.

Consider the following program, which checks whether the user has found a SHA256 "fixed point", i.e., an input whose SHA256 hash is equal to itself. Because SHA256 is a cryptographic hash function, this should be impossible, so coins stored at this program should be unspendable.

``` -- Witnesses -- CMR: bf12681a... -- IMR: [none] wit_input := witness

-- All jets have source type 1; but to use the pair combinator -- we want one with source type 2^256. To get this, we compose -- it with unit. -- CMR: a520761f… -- IMR: 21182050... sha256_init : 2^256 -> _ sha256_init := comp unit jet_sha_256_ctx_8_init

-- Using this, we can write a self-contained "take 32 bytes and -- compute their sha2 hash" function. -- IMR: 8e341445... -- CMR: bf70ec35... sha256 : 2^256 -> 2^256 sha256 := comp comp pair sha256_init iden jet_sha_256_ctx_8_add_32 jet_sha_256_ctx_8_finalize

-- Finally, our main function takes an input witness, hashes it, -- and compares the input and output to check for a fixpoint. -- CMR: 9b3b900a... -- IMR: [none] main := comp comp pair (comp wit_input sha256) wit_input jet_eq_256 jet_verify ```

Here we have reused the name wit_input. Our rule is that we can only reuse names when all uses have the same IMR, but here we don't even have an IMR to compare. Will this be a problem?

Well, consider this alternate version of main, which takes a second witness, wit_output, and compares this to the hash of wit_input. This new main is trivial to satisfy: provide anything at all for wit_input and provide its SHA256 hash for wit_output.

``` -- Witnesses -- CMR: bf12681a... -- IMR: [none] wit_input := witness wit_output := witness

[...rest of program elided...]

-- CMR: 9b3b900a... main := comp comp pair (comp wit_input sha256) wit_output jet_eq_256 jet_verify ```

The important thing to notice here is that these two programs, our fixed-point-checking program and the trivially-solvable program, have the same CMR and, therefore, the same Bitcoin address. This is because Simplicity does not commit to sharing. This subtle, but crucial, fact, means that our fixed-point program, rather than being impossible to spend coins from, is trivial.

Fortunately, Simplicity prevents us from making this mistake. If we attempt to assemble our original version of the program, we get the following error:

Error: witness/disconnect node `wit_input` was accessible by two distinct paths from the same root

What this is telling us, in somewhat jargony language, is that we are simply not allowed to share witness or disconnect nodes, or any expressions which refer to them. This is because such nodes, even when they have identical types and CMRs, may not end up the same.

At redemption time, when witness data and disconnected expressions are present, every node has an IMR and it is unambiguous whether nodes are the same. At that time, if two witnesses were present and had the same types and values, they would be shared. But this sharing depends on the particular values chosen for each witness node, which are not decided at commitment time, and therefore do not reflect anything about the actual structure of the program.

To fix our program, there are a couple of strategies that we could take. One thing we could do is to define two witness nodes, with different names, and use the jet_eq_256 jet to assert that they are both equal. This would work, but increase the complexity of code, making it harder to review or to extend. A more direct approach is to duplicate the output of a single witness node.

We do this by pulling our check out of main into its own expression, whose input value is accessed by the iden combinator twice:

``` -- IMR: 5ddb65c2... -- CMR: 198bfeb5... assert_fixpoint : 2^256 -> 1 assert_fixpoint := comp comp pair (comp iden sha256) iden jet_eq_256 jet_verify

-- CMR: ac8df50b... -- IMR: [none] main := comp wit_input assert_fixpoint ```

This program is accepted without error.

Conclusion

As with ordinary Taproot transactions, addresses are derived from commitments to programs, but the programs themselves are not revealed until spending time. Also, as with Taproot, in Simplicity, we reveal only those parts of the program that are actually used.

Bitcoin Script has a strict separation between program code and witness data, so the program revealed on-chain is the same as the program committed to in addresses (aside from pruning). Witness data is encoded separately and provided to the program code as input. Script does not have any notion of sharing, or of disconnected expressions, so functionality such as delegation is missing (and functionality such as loops are very inefficient to implement).

In Simplicity, we instead attach witness data directly to our programs, and when encoding programs, we insist that nodes are never repeated. This combination requires us to have a surprisingly subtle notion of "identity," which, when applied to text-encoded programs, allows us to reuse names in a mostly-natural way. But there are potential pitfalls here, which our tooling helps to avoid.

In our next post, we will explore pruning, which is the process by which unused nodes are not revealed, and its interactions with witnesses and the type system.

Until then, join the Simplicity discussions on GitHub to connect with the community, and follow us at @blksresearch on Twitter to stay updated with the latest Simplicity announcements.

[1]In theory, Simplicity could have supported polymorphic types, which would allow the same unit combinator to be used with different type signatures. But aside from increasing the complexity of using and analyzing the language, this would have increased the computational complexity of type inference, a task that must be done by all validators on all programs.

@ 3553ccfa:d7024217

Welcome to my Habla.News blog!

Good day! As you can see, I go by the psuedonym TheGoldenDragon. I am the Linux Unplugged mascot and all of this tech really excites me! Bitcoin, decentralization, nostr, self-sovereignty, its all just so great. I blog fairly candidly over at The Golden Blog-A-Thon and I have been doing some thinking. *What if we could garner value from blogging that is decentralized, peer-to-peer-esque (think those that don't custody and those that do), and attach a comment like boosts?

Enter Nostr

While I was coalescing over the finer points of making my home blog boostable, Nostr was under my nose the whole time! I was wholly unaware that you could long-form blog on this protocol AND get comments AND get zaps. What a TIME to be alive. Generating value for your audience and getting that value back is the pinnacle for me. It keeps me wanting to write for whoever wants to read it and is widely distributed across many relays! Maybe one day I, too, will host a relay.

Value for Value and the Adpocalyptic Winter of Podcasting

When the money printer goes brrr and everybody is rolling in free cash, who really wins? When this kind of market is afoot, the fiat just flies around and every poor bastard gets a brand deal from some gadget or gizmo aplenty. This also makes many folks have to tone down what they say, since their funding rides heavily on their content and more importantly, their words. Say something controversial and you are likely to get cancelled by brands and fans alike. How can that model change? For this, we turn to the nostr protocol! Censorship-resistance is a key factor here. Relays can choose not to host you content, but, thats a-okay as others can just distribute it! What a time to be alive.

But, what happens when we slam headfirst into recession and hyper-inflation? We RTW on Runescape.

I joke, but, that is actually a reality for Venezuelans.

Fiat Faucet Flows

You all know about economies of scale. I'm not the first on this topic. and I wont be the last. The one percent has their bag and is firmly grasping it against the rest of us, tighter than ever before. How can folks like us change that?

Decentralization and Sovereignty

I'm not sure how we actually have a revolution, but, BTC and self-custody of your funds seems a great start. With the current state of Bitcoin and the ETFs that are being brought up, this can only help 'Coiners. With the halvening around the corner as well, stacking sats and buying the dip right now can only bolster us even more. Being that this is also a currency, spend it where you can!

The Rails, Man!

cough Yes, sorry. The tech really gets me excited. Anyway:

Giving value back to your community is POWERFUL. Not only can you:

• Get feedback that is valuable to you
• Become community-driven from that value and
• Not have to worry about taking that My Pillow ad read

And its all tied to Bitcoin. You get value in the form of comments that can be tied to Satoshis.

Zaps, how electric!

I am not totally sure about the zaps just yet, but, it looks like it is very similar to getting a boostagram! That seems very exciting to me and gives me hope for blogging yet.

Until next time, be kind to one another.

@ f35ae048:d018a92d

Pleb.to does useful nostr things

For example... * You (could be) reading this in NostrReader. * This was written in NostrWord. * Both were tested with NostrTool

more apps coming...

If you're new to NOSTR »» **Start Here

...and don't forget...

Decentralization is the path to Liberty.

@ 35f3a26c:92ddf231

Who is the Cult of the Dead Cow (cDc)?

A known USA based hacktivist group. According to the record in Wikipedia, it was started in 1984 at the Farm Pac slaughterhouse by Grandmaster Ratte' (aka Swamp Ratte'), Franken Gibe, Sid Vicious, and three BBS SysOps

You can check their member list in their web site

Thinks of the cDc group that I have found quite interesting

• Group member Drunkfux (Jesse Dryden) is the grand nephew of Charlie Chaplin
• In 1991, the group began distributing music in the form of cassette tape albums
• In November 1994, the group claimed responsibility for giving President Ronald Reagan Alzheimer's disease, claiming to have done so in 1986 with a blowgun
• In 1995, the group declared war on the Church of Scientology stating "We believe that El Ron Hubbard [sic] is actually none other than Heinrich Himmler of the SS, who fled to Argentina and is now responsible for the stealing of babies from hospitals and raising them as 'super-soldiers' for the purpose of overthrowing the U.S. Fed. Govt. in a bloody revolution. We fear plans for a 'Fourth Reich' to be established on our home soil under the vise-like grip of oppression known as Scientology!"
• On January 7, 1999, the group joined with an international coalition of hackers to denounce a call to cyber-war against the governments of China and Iraq
• In February 2000, the group was the subject of an 11 minute documentary short titled "Disinformation".
• In February 2000, a member of the group by the code-name Mudge briefed President Bill Clinton on "Internet security".
• In 2003 the tool created by the group by the name of Six/Four System became the first product of a hacker group to receive approval from the United States Department of Commerce for export of strong encryption
• Member by the name of "Psychedelic Warlord" is congressman Beto O'Rourke, an American politician who served as the U.S. representative for Texas's 16th congressional district from 2013 to 2019. A member of the Democratic Party, party's nominee for the U.S. Senate in 2018, candidate for the presidential nomination in 2020, and the party's nominee for the 2022 Texas gubernatorial election.

Do they have a political affiliation?

From the previous section we could at least assume that they sympathize with the USA Democratic party, they supported President Bill Clinton and claimed responsibility for doing serious harm to President Ronald Reagan, I could not find any information if the government opened an investigation about this allegation or not.

Their latest contribution?

Recently, they have developed an application framework by the name of Veilid, described as "like TOR" but for apps.

This application framework, if adopted by many developers will improve privacy by default for applications developed under that framework. The web site claim that it is open source

You can review the information and project at the web site: VEILID

In the Web site the group describe it as follows:

"Veilid allows anyone to build a distributed, private app. Veilid gives users the privacy to opt out of data collection and online tracking. Veilid is being built with user experience, privacy, and safety as our top priorities. It is open source and available to everyone to use and build upon."

"Veilid goes above and beyond existing privacy technologies and has the potential to completely change the way people use the Internet. Veilid has no profit motive, which puts us in a unique position to promote ideals without the compromise of capitalism."

Summary

Veilid seems to be exactly what is needed at the moment to bring privacy to the masses, even though TOR is doing a very good job and with the improved throughput its usage experience has improved, having a native privacy oriented FOSS application framework is paramount.

Most people is not technically savvy and therefore, not skilled in cyber security, they are constantly victims of cyber crime in many forms and shapes. eliminating one vector of attack by making the applications to opt out of data collection and online tracking from the get go is a step in the right direction, the question is, Would developers in general use the framework? Considering the ads will not be a possible source of income if the framework is used, well... Time will say...

-----------------------------------

Fix the Money, fix the World,

Use Bitcoin, be Unconfiscatable

Use Nostr, be Uncensorable

-----------------------------------

Bitcoin

LN

Nostr

ARK