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@ 3c9712ff:14fecbc4
2024-09-01 03:39:08
The Australian dream used to be straightforward: secure a job, pay off your house by your late thirties, and retire with substantial assets and savings to support your lifestyle.
Some argue the introduction of compulsory superannuation contributions in 1991 signaled the government's lack of trust in Australians' ability to save and be self-sufficient in their later years. But I disagree.
The issue wasn’t that Australians were incapable of saving; it was that saving money was no longer enough. The erosion caused by the Keynesian experiment had seeped into Australian retirements, making it nearly impossible for an entire generation to retire off the savings from a [median salary of $27,200](https://www.9news.com.au/finance/rates-1990-versus-2007/8251875f-a878-49a5-bca6-559d2dcdb361#:~:text=Against%20a%20backdrop%20of%20average,up%2044.99%20percent%20of%20income.).
Superfunds were thus established by the government as a supposed solution to the problem they had created. How unsurprising.
Fast forward 33 years, and Australian superfunds, like those in most of the western world, are now facing two insurmountable challenges of population demographic, and a debasing currency.
**1. Our Population is Ageing**
On face value, it shouldn't matter whether the population is ageing. If I have my own retirement account which I paid into each month, why would it matter if the people around me are ageing as well?
The answer lies in duration mismatch. Retirement funds must manage a mix of short-term, long-term, and continuous obligations, balancing liquid liabilities (cash payments to members) with illiquid assets (investments). Because funds rely on more inflows (super contributions) than outflows (payouts to retirees), population demographics play a critical role in maintaining this balance - and Australia's isn't looking great.
![](https://image.nostr.build/1778576a1191357e292509d3173dba918b60c4f3ac1b0124d4f0f16f4ea04ffd.png) ![](https://image.nostr.build/c91bcd27583e671fffc688723f31f26ed4c39084d57173c46b18649489931273.png)
*An example of an ageing population (Australia) vs a growing population (Nigeria)*
**2. Our Currency is Ever Debasing**
This is far more pernicious for our retirees
| Financial Year | [Average Super Return](https://www.superguide.com.au/comparing-super-funds/super-funds-returns-financial-year) | [Money Supply Growth](https://data.worldbank.org/indicator/FM.LBL.BMNY.ZG?locations=AU&most_recent_year_desc=true) | Net Return |
| --- | --- | --- | --- |
| 2023-24 | 9.1% | 4% | 5.1% |
| 2022-23 | 9.2% | 7.8% | 1.4% |
| 2021-20 | -3.3% | 6.7% | -10% |
| 2020-21 | 18% | 13.6% | 4.4% |
In Austrian Economics, inflation is understood as a monetary phenomenon that occurs when new monetary units are added to the existing supply. This monetary inflation is the precursor to both price and asset inflation.
Austrians also reject the idea of measuring price inflation with a single number, such as the CPI, as different asset classes respond differently to monetary inflation. For instance, industries like technology and manufacturing are less susceptible to price inflation due to the deflationary effects of increased automation and competition.
Conversely, hard assets like gold and real estate have reached record highs, as easy money tends to flow toward the most reliable stores of value.
#### Average Yearly Prices Increase since 2018 - Against YoY M2 and CPI
| | Iphone | [Median House](https://www.aussie.com.au/content/dam/aussie/documents/home-loans/aussie_25_years_report.pdf) | Money Supply Growth | [CPI](https://www.rba.gov.au/inflation/measures-cpi.html) |
| ----- | ----| ---- | ------ | --- |
| Since 2018 | 2.24% | 6.8% | 7.2% | 3.1%
---
*Although simplistic, the table above shows that hard assets move with monetary inflation, not CPI.
The real hurdle, or the absolute **minimum** that a superfund has to give it's members is not CPI or the 3.95% 10 year, but that monetary inflation rate of 7.2%.
An increase in the required rate of return invariably brings an increase in risk. Superfunds can't simply gamble Australians' retirement savings on high-risk offshore tech startups, so these returns are often sought through listed equities and commercial real estate—two interest rate sensitive asset classes. This correlation significantly limits the RBA's ability to manoeuvre and the dilemma is clear:
* Drop rates, inflate away our retirement.
* Increase rates, crash our retirement.
**Bitcoin to the Rescue**
You guess it, bitcoin fixes this.
Take the same example from 1991, but replace the Australian Peso with Bitcoin. In a Bitcoin world, we wouldn’t need superannuation. By simply saving 40 years of time and energy in a deflationary currency like Bitcoin, our savings alone would **increase** in purchasing power, eliminating the need to burden future generations for our retirement.
In the meantime, Australian superfunds should take a leaf out of a few smaller US pension funds like the [Wisconsin Pension Fund](https://www.wpr.org/news/wisconsin-pension-fund-bitcoin) and start gaining exposure to bitcoin.
A 2% allocation to a Bitcoin ETF is enough to ignite a chain reaction toward full institutional adoption. This truly scarce and desirable asset, with its **low** correlation to existing portfolios, isn’t just an opportunity—it’s a lifeline for the future of Australian retirees. It’s only a matter of time.
Colin Gifford
August 2024
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@ 8d34bd24:414be32b
2024-08-31 23:01:04
I’ve mentioned multiple times that I feel our time left is short and that the rapture and the tribulation are coming soon. I feel it with every ounce of my being. I see it in the rush to evil around us. I see Biblical prophecy coming to fulfillment and technologies that could not be fathomed 2,000 years ago coming into being in a way that will make prophecy possible. The question is, what do we do with the time left to us?
## Don’t Be a Foolish Virgin
Matthew gives an analogy of believers waiting for Christs return:
> *“Then the kingdom of heaven will be comparable to ten virgins, who took their lamps and went out to meet the bridegroom. Five of them were foolish, and five were prudent. For when the foolish took their lamps, they took no oil with them, but the prudent took oil in flasks along with their lamps. Now **while the bridegroom was delaying, they all got drowsy and began to sleep**. But at midnight there was a shout, ‘Behold, the bridegroom! Come out to meet him.’ Then all those virgins rose and trimmed their lamps. The foolish said to the prudent, ‘Give us some of your oil, for our lamps are going out.’ But the prudent answered, ‘No, there will not be enough for us and you too; go instead to the dealers and buy some for yourselves.’ And while they were going away to make the purchase, the bridegroom came, and **those who were ready went in with him to the wedding feast**; and the door was shut. 11Later the other virgins also came, saying, ‘Lord, lord, open up for us.’ But he answered, ‘Truly I say to you, I do not know you.’ **Be on the alert then, for you do not know the day nor the hour**.* (Matthew 25:1-13) {emphasis mine}
Christians have been waiting for around 2,000 years for Christ’s return. It is easy to get drowsy and begin to sleep due to the delay to His return, but we are called to be ready. “*You too, be ready; for the Son of Man is coming at an hour that you do not expect.*” (Luke 12:40) Our wait may be long or short, but we are supposed to live our lives like he will arrive today. We don’t want to miss out on joining Him at His return, but we also don’t want to have to face Him knowing that we were not focused on what He had called us to do. We don’t want to admit that we didn’t share the gospel to that friend, that we didn’t stand up for the truth when the crowd was speaking contrary to the word of God, or that we acted in an unloving way to fellow believers or to the lost.
The Bible clearly tells us that we “*do not know the day nor the hour*,” but that doesn’t mean that He has not given us signs that the time is short.
## What Should We Be Doing?
If Jesus is coming soon, how should we spend our time? What should we be doing? Should we just sit back and wait?
> > *For even when we were with you, we used to give you this order: if anyone is not willing to work, then he is not to eat, either. For we hear that some among you are leading an undisciplined life, doing no work at all, but acting like busybodies. Now such persons we command and exhort in the Lord Jesus Christ to work in quiet fashion and eat their own bread. But as for you, brethren, do not grow weary of doing good.* (2 Thessalonians 3:10-13)
The Bible is clear that we should work. This not only means that we should not quit our jobs, but should continue working as we have been doing, but it also means we should put time and effort into kingdom work.** God has given each one of us a purpose and a job to do. We should study His word and pray and keep our eyes open so we don’t miss out on what He intends as our purpose. Another analogy is given in Matthew:
> > “*For it is just like a man about to go on a journey, who called his own slaves and entrusted his possessions to them. To one he gave five talents, to another, two, and to another, one, each according to his own ability; and he went on his journey. Immediately the one who had received the five talents went and traded with them, and gained five more talents. In the same manner the one who had received the two talents gained two more. But he who received the one talent went away, and dug a hole in the ground and hid his master’s money.*
*> *“Now after a long time the master of those slaves \*came and \*settled accounts with them. The one who had received the five talents came up and brought five more talents, saying, ‘Master, you entrusted five talents to me. See, I have gained five more talents.’ His master said to him, ‘Well done, good and faithful slave. You were faithful with a few things, I will put you in charge of many things; enter into the joy of your master.’*
*> *“Also the one who had received the two talents came up and said, ‘Master, you entrusted two talents to me. See, I have gained two more talents.’ His master said to him, ‘Well done, good and faithful slave. You were faithful with a few things, I will put you in charge of many things; enter into the joy of your master.’*
>
> *“And the one also who had received the one talent came up and said, ‘Master, I knew you to be a hard man, reaping where you did not sow and gathering where you scattered no seed. And I was afraid, and went away and hid your talent in the ground. See, you have what is yours.’*
>
> *“But his master answered and said to him, ‘You wicked, lazy slave, you knew that I reap where I did not sow and gather where I scattered no seed. Then you ought to have put my money in the bank, and on my arrival I would have received my money back with interest. Therefore take away the talent from him, and give it to the one who has the ten talents.’*
*> *“For to everyone who has, more shall be given, and he will have an abundance; but from the one who does not have, even what he does have shall be taken away. Throw out the worthless slave into the outer darkness; in that place there will be weeping and gnashing of teeth*. (Matthew 25:14-29)
God has given each of us different skills, gifts, and opportunities. He wants us to make the most of them. If God gave you skill in business, you can use your wealth to fund ministries, churches, and missionaries. If God has gifted you with the ability to teach, you can disciple many to grow in their faith and knowledge of God. If God has brought you into a relationship with someone influential, you can share the Gospel with them and be used to draw them into saving faith in Jesus. Whatever skills, gifts, and opportunities God has given to you, you need to make the most of them. You need to grow and make the most of what God has given you.
## What is the Best Use of Our Time and Money?
God wants us to shine a light for Him. He wants us to make a difference. There are many ways to do this and we can’t do them all. We have to pick and chose what is God’s will and what will make the best use of what God has given us.
There are lots of good things we can do, but what is the best?
I used to focus on prepping to be able to provide for my family and others if times get bad. That was good, but was it best? I used to grow a garden and grow healthy food. That was good, but was it the best? I used to be highly involved in politics and worked hard to support and elect godly men and women into government positions where they could have a positive influence on our culture and our country. That was good, but was it the best?
> > *According to the grace of God which was given to me, like a wise master builder I laid a foundation, and another is building on it. But each man must be careful how he builds on it. For **no man can lay a foundation other than the one which is laid, which is Jesus Christ**. Now if any man builds on the foundation with gold, silver, precious stones, wood, hay, straw, each man’s work will become evident; for the day will show it because it is to be revealed with fire, and **the fire itself will test the quality of each man’s work**. If any man’s work which he has built on it remains, he will receive a reward. If any man’s work is burned up, he will suffer loss; but he himself will be saved, yet so as through fire*. (1 Corinthians 3:10-15) {emphasis mine}
The best way to judge which actions are best is to see which actions have an eternal influence and to look and see what God is doing and to join His work. The difference between gold & silver versus wood, hay, and straw is the gold & silver can survive fire. Whether something is good or best depends on whether the action makes a difference in eternity.** Providing for my family and friend’s physical needs and health is good, but it doesn’t make an eternal difference. Electing Godly officials makes life here on Earth better, but does it actually make a difference eternally? Probably not.
What does make a difference? Sharing the Gospel with others makes an eternal difference. Standing up for the truth, especially the spiritual truths from the Bible, makes an eternal difference. Writing a book or a blog sharing the truths of the Bible and Jesus makes an eternal difference. I’ve tried to focus my time on this type of activity more than the former. I don’t want one soul to go to Hell because I was too busy to share the Gospel. I don’t want one Christian to regret their life on Earth because I was too busy to disciple them. I don’t want to be like the man who received the single talent and buried it in the ground, who, when facing his master, was told, “*You wicked, lazy slave.*”
## What Is Most Important?
> > *“Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But **store up for yourselves treasures in heaven**, where neither moth nor rust destroys, and where thieves do not break in or steal; for where your treasure is, there your heart will be also*. (Matthew 6:19-21) {emphasis mine}
What are the most important things in our lives? The most important things are people.
- Some people in our lives have never heard about Jesus. We need to share the gospel with them.
- Some people in our lives are hurting and need to be helped and encouraged and taught to trust in Jesus.
- Some people in our lives are new Christians or just immature Christians, who have trusted in Jesus, but haven’t grown much since salvation. We need to teach and disciple them to grow in their understanding of God and who He is. We need to build up their faith. We need to encourage them to study the Bible.
- Some people in our lives know God and His word, but are unsure how to live out their faith and share it with others. We need to encourage them and train them, so they can multiply their faith among others in their lives.
What are you doing to make an eternal difference in service to our Lord Jesus Christ? Are you one of the lazy, unprepared virgins? Are you hiding the gifts God gave you in the ground or shining a light that can be seen by everyone around you? Are you so busy doing good, that you don’t see God’s best?
Are you excited about meeting Jesus in the air at the rapture of the Church? I am! I hope you are, too.
Trust Jesus.\
\
your sister in Christ,
Bible verses are NASB (New American Standard Bible) 1995 edition unless otherwise stated
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@ 6d20ea61:1de5dacc
2024-08-31 10:13:24
Why does the world remain ignorant to Africa's sinister secrets?
There's a lot going on beneath the surface in our everyday lives. Most of us accept this as a fact; that we only perceive a small sliver of reality as it is. However, it's rare that we align our actions with the uncomfortable reality that lies beyond immediate perception. Authentic people do align themselves in this way, and they’re often threatening to those who don’t because they hold a mirror to their own incongruities.
We may be aware of the truth that lies beyond our immediate field of view, which is exactly the excuse we use to allow ourselves to not be authentic. Truth? Sure, I'll accept the truth of which you speak, as long as you can "prove" it. If it's there, why don't you point to it?
Just because you can't see it, doesn't mean it's not there.
We look around to observe the crowd moving in unison. We may know we're all aware of some heretofore unspeakable truth, but the mass misdirected momentum of the crowd acts as an all-too-easy justification to excuse ourselves from being less than we can be; to shy from the consequences of living in truth.
They say the shepherd is there to protect the flock, lest they be preyed on by the wolf. Little do the sheep know that it is the shepherd who controls their fate, and ultimately feasts on their flesh.
If I were a sheep, I would much rather live a short life dying a brutal death at the jaws of a wolf. At least I would have been unbounded in my life; free of the ignorance imposed by a faux protector; blind to the reality of my domestication for the purposes of his own prolongation.
Jesus was a shepherd, was he not? All too many Africans I've spoken to know Christianity was used as a tool to supplant their own traditional practices as a means to unhinge their pride and autonomy…
"I'm sorry you lost everything: your land, your family, your livelihood, your dignity. Have you heard of Jesus? He can provide everything you'll ever need. You never needed all this land, culture, and sovereignty anyway. You don't need to carry the burden of being your own person, thinking for yourself, living for your people and culture, living for the right to determine your own destiny. Jesus can handle all that for you. Trust me, your life will be better now"
It is beyond saddening to remember the conversations I've had with "Christians" in Botswana, Zambia, Zimbabwe, Namibia, and South Africa. They're entirely aware of how most of their culture has been lost, and how the majority of Africans remain enslaved in their minds to this day. Jesus and Western ideals are the broken records they were raised with, and these are what they all claim to be the answer to life's woes. To think differently is to be cast away. To think differently is suicide. When all hope has been lost, dare not face reality as it is, apparently.
Religion: the opiate of the masses, as they say.
Religion (Christianity in the South) is rampant in Africa, and my observed reality is that it's not practised with integrity. Don't get me wrong, it can be beautiful to see people come together for shared belonging, but there's no sense in lying to ourselves and each other in the process.
The vast majority of what I witnessed and heard from people was a bastardisation of Jesus and the Bible so they can justify their wrong doings without being judged by others, or worse, to coerce others in the effort to claim moral superiority.
Perhaps the most painful irony is that Jesus would have never stood for any of this crap. Taken at face value, there is a lot to learn from the life of Jesus; lessons that should not be ignored. However, Jesus would have never proposed religion as it exists today, or whatever the group-think, known as "church", has become. After all, Jesus did not follow the crowd. Jesus followed the beat of his own drum. He didn't live to teach that we live blindly. He was his own shepherd. Why is this so hard for people grasp? I wouldn't be surprised if Jesus was crucified all over again were there to be a proverbial "second coming".
I swear, being a missionary, or any evangelist, should be held in contempt the world over. For people to assume they carry another man's truth is beyond hubris, and only proves they lay victim to the same fallacious and cowardly thought that allows us to fall in step with the crowd despite our better judgement - to vilify the wolf and befriend the shepherd despite the truth.
Africa’s Truths
Africa is a land of hard truths. It's brutal and raw. It reminds me of traveling through India more than ten years ago. India confronted me with my own nature, forcing me to witness suffering and hardship that was otherwise hidden in the Western world where I was raised. Africa is India at a larger geographic scale. After more than 30,000 km by motorcycle through much of Southern Africa, I've seen enough child labour, corruption, and artificial hardship to feel deep pains reflected within myself.
Africa and India remain crucially different. Effectively, Africa is still colonised, whereas India is largely independent. The USA, France, China, and Russia (among others) are not free to exercise their interests in India. In Africa, the USA, France, China, and Russia's interests (among others) are the only interests that carry weight. Confessions of an Economic Hit Man (by John Perkins), anyone?
Africa isn't some drought-ridden continent devoid of resources to support the people who live there. The majority of the raw materials that fuel the "modern" lifestyles of the Western world come from Africa, for Christ's sake (pun intended).
How does it make sense for a Canadian company to mine in Namibia where only 5% of the profits go to the Namibian government? How much of this inevitably filters through Namibia’s corrupt elite to the Namibian people?
Africans' living standards should be no less than on par with that of the rest of the world, but the "success" of the West (and the East, increasingly) hinge too crucially on the controlled flow of artificially suppressed prices on commodities that make up the comforts of the "developed" world.
Africa is where the world sweeps their problems underneath the rug. Africa is the closet where the world's skeletons collect dust. By all means, go on your happy little safari, but don't dare learn about how none of that safari money tangibly benefits the African people.
My “success” is a reflection of Africa’s suffering
Africa is where I realised how I allow myself to live out of alignment with known truths.
I haven't posted anything to this newsletter in over a year. I've asked myself "why?" over the months and came up with various answers. I wanted to write about those answers, but they didn't suffice.
The best answer I can give you now is out of shame and pride. My pride wouldn't allow me to continue writing because I didn't want to advertise my lifestyle. My shame wouldn't allow me because I feel like an impostor.
I've felt like an impostor for a very long time. In that time I have somehow cultivated an image of being a traveler. People seem to know me as one. I even have a little mantra I learned while living in China that I seem to cling to as part of my identity: 我是一个旅行者 (Wo shi yi ge lu xin zhe) - "I am a traveler".
However, I don't think I'm purely a traveler. I think I'm a traveler because it has been the path of least resistance. It has been a convenient alibi.
I, like all of us, held dreams as a young human about what I wanted to do with my life. As I matured, I faced opposition in the opinions of society, family, and friends as to the "practicality" of my dreams. I didn't have to listen to them, but I did. I internalised those thoughts and chose to stick to what I know, traveling.
I grew up traveling a lot as a kid. I always loved it, and learned over the years that I'd like to travel in my own way as an independent. I'm happy to say that I've done so, but I've learned that my sacrifices to reach this lifestyle needn't be as severe as they've become.
I wanted to live outside. I wanted to study animals and the laws of nature, and I never thought it would be practical to do so in tandem with my traveling life. I felt guilty in college. I didn't know how to support myself while in my studies, and couldn't bear accepting financial support from someone I didn't align with. I felt like a politician corrupted by the vested interests of their donors.
This led to me dropping out of college, abandoning my childhood dreams to settle for a "life of integrity". I vowed I would one day come back to make good on my dreams. Traveling has been the life I choose to live while I find a way to honour a core responsibility to myself. I'm proud of myself for not being coerced by outside interests, but I now know I'm not being entirely authentic.
Thank you, Africa. I’m sorry, Africa.
Thank you, Africa. I'm sorry, Africa. I'm sorry that I've lived a life of privilege that stems largely from your plunder. Thank you for keeping me safe while I learn your truths. Thank you for reflecting my own core truths.
My heart continues to break when I think of the world’s ignorance over Africa, and I think my gap in writing has been necessary to process this reality.
Frankly, I'm enraged along with a sense of peace that Africa's time will come. I'm confident in Africa's future; I just wish the rest of the world wasn’t working so hard to keep its head below water.
I'm responsible for Africa's fate, and so are you. We are all complicit in this crime. I hope this article resurfaces an awareness in readers a truth that seems to lay dormant in the public awareness.
I don't know why more of us don't stand up for Africa (and not by crying to our governments - f*ck them), because I think our individual efforts are more than enough. Even indirectly, I think we can slowly push the wave of change that is necessary to do right by Africa. I think we all have the incentive to do so, for Africa is the foundation of humanity in multiple sensibilities, meaning Africa’s prosperity translates into everyone’s prosperity.
All thoughts and comments are welcome.
G
originally posted at https://stacker.news/items/667609
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@ e6fbeb1c:6ac8fc04
2024-08-31 07:11:23
I can't remember the exact name of the dish.
- Basmati rice
- Barberries
- Almond slivers
- pistachios
- Zintron peel
![](https://image.nostr.build/21feeabe437c6cf40309a11fad0c65fbd289e55f8ce611ed357001f18f5de04e.jpg)
![](https://image.nostr.build/123a648c45c446480bc21e61a1a5f58efd6f3d55a2c77e6c85ab7b56f03a7346.jpg)
originally posted at https://stacker.news/items/667533
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@ 469fa704:2b6cb760
2024-08-30 17:10:20
## What does beeing rich mean?
Wealth is a term that has different meanings for many people. For some, it means owning a big house and multiple cars, for others it means the freedom to travel whenever they want, or simply the security of not having to worry about the monthly bills. So before one can dive into the strategies on how to get rich, it makes much sense to define what wealth could mean:
* **Material wealth**: possession of money and material goods.
* **Temporal wealth**: The freedom to use your time as you wish.
* **Emotional wealth**: contentment, happiness and healthy relationships.
* **Health wealth**: A healthy life without the burden of disease.
---
## Developing the right mindset
The first step to real wealth starts in the mind. Here are some principles you should internalize:
1. **Abundance thinking**: believe that there is enough for everyone. Wealth is not limited; it can be created.
2. **Take responsibility**: Your financial situation is the result of your choices. Take responsibility for it and be prepared to change it.
3. **Think long-term**: Short-term pleasures can sabotage long-term wealth. Think in terms of decades, not days or months.
4. **Continuous learning**: The path to wealth is an educational path. Keep learning, be it about finances, investments or new skills.
5. **Resilience**: Setbacks are inevitable. Rich people see failures as lessons, not the end.
6. **Network and relationships**: Wealth is often influenced by the people you know and how you interact with them.
7. **Create value**: Wealth often comes from creating more value for others than you consume yourself.
8. **Discipline**: Taking in more than you spend, although this may sound trivial, it is a necessary condition.
---
## Paths to wealth
Getting rich is a goal that many people strive for, and there are several ways to achieve it. Here are some ways that are often discussed:
1. Education and career: A good education in an in-demand field can lead to high-paying jobs. Careers in technology, finance, medicine or law are good examples.
2. Entrepreneurship: Starting your own business can be very lucrative. This can include anything from tech startups to traditional businesses to innovative services.
3. Investments:
* Stocks and securities: long-term investments in stocks, ETFs or mutual funds can lead to wealth through compound interest and dividends.
* Real estate: Real estate investments, whether through rental or appreciation, are classic ways to build wealth.
* Bitcoin: Although still very young and not directly classifiable as an asset, commodity or security, the only truly decentralized cryptocurrency has very interesting characteristics that (could) lead to a perpetual appreciation.
4. Saving and smart financial management: Save regularly and invest the money wisely. The compound interest effect can turn small amounts into large fortunes over decades.
5. Passive income: By building sources that generate passive income, such as writing books, patents, YouTube channels, or developing apps.
6. Networking and relationships: Contacts with influential or helpful people can open doors that would otherwise remain closed.
7. Inheritances and profits: Although unpredictable, inheritances or winnings such as lottery prizes can lead to instant wealth.
8. Lifelong learning and adaptability: Continuing to learn and adapt to market changes can lead to success in many fields.
9. Willingness to take risks: High risks can bring high rewards, whether by investing in new technologies or starting a business in a new market.
10. Mindset and discipline: Developing a promising mindset focused on growth, learning and perseverance. Discipline in financial activities is also crucial
In practice, it is usually a combination of several of the things mentioned above, e.g. a person who has achieved a high income through education (e.g. a CEO) with discipline (continuous saving) over a long period of time can build up a considerable fortune. Basically, however, it is very difficult or almost impossible without a willingness to take risks. The more risk you are prepared to take, the faster you can succeed. If you don't have any assets yet, you have to take risky paths in order to make some progress. If you have already built up some assets, you can't take any risks. There is a great risk of starting from zero again and you are better advised to save continuously and invest conservatively. If you are already wealthy, you can of course continue to invest with as little risk as possible and this should also apply to the majority of your assets. However, you can then “gamble” again with 10% to a maximum of 20%. You can then easily afford a little fun and thrills.
Long-term preference involves planning for and valuing future outcomes over immediate ones. This approach requires patience, discipline, and the ability to foresee the benefits of delayed gratification. An example would be investing in education or health now for better career opportunities or well-being in the future.
In general becoming rich means to develop a long-term preference. Usually Bitcoiners are able to defer gratification because they learned to believe in a better future for themselves. *Why?* Because Bitcoin could be the best possible tool to store your purchasing power in the long run.
***Exercise in self-reflection***: Take a moment to write down what wealth means to you. Be specific. What does a rich life look like to you? What would you do if money were no object? This vision will be your guiding star.
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@ a723805c:0342dc9c
2024-08-30 12:16:55
When I first stumbled upon Nostr back in February 2023, I was immediately drawn to the network's unique design. It was like stumbling across a hidden architectural gem - something so intricate and beautifully crafted that most people might walk past without a second glance. But for those who truly saw it, Nostr's design was mesmerizing. I didn’t know exactly what I was diving into, but I felt enthusiasm because I knew this was something entirely different from the usual legacy social media attempts at connecting people.
One of the first things that struck me was the people. Nostr wasn't just a network; it was a gathering place for a group of curious outlaws, all eager to try something new and break away from the norm. The platforms and interfaces were a bit scrappy and buggy in those early days, but that didn't matter. What stood out was the spirit of the community, people kept coming back, filled with cheer and optimism. Even more impressive was the willingness to help each other out. It wasn't just about using the platform; it was about collectively figuring it out together. This was the seed of a constructive culture that was starting to take root.
Coming from the Twitter culture, I noticed something refreshing: on Nostr, people referred to each other as friends, not followers. Twitter often felt like a toxic swamp of influencers, each trying to outdo the other with proclamations and status games. Sure, there were helpful people on Twitter, but more often than not, their "help" came with strings attached, promoting a Gumroad book, pushing a newsletter subscription, always with a personal incentive lurking in the background. Nostr, on the other hand, was different. Here, people helped each other just for the sake of it, with no expectation of anything in return. The spirit of giving was genuine, and it was contagious.
Fast forward to today, and that same spirit is alive and well. Just take a glance at the #introductions tag, and you'll see it in action: friendly users, eagerly welcoming new members into the ecosystem, offering to lend a hand, and making everyone feel at home. The constructive culture of Nostr, built on a foundation of genuine camaraderie and selflessness, is as vibrant now as it was back in the early days.
This isn't just a network; it's a community that thrives on cooperation, curiosity, and the simple joy of helping others. Nostr isn't about chasing clout or boosting follower counts; it's about building something meaningful together, one interaction at a time. And that's what makes it truly special.
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![](/static/nostr-icon-purple-64x64.png)
@ e88527b4:7ccf6efa
2024-08-30 12:12:39
書いてみた。。
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![](/static/nostr-icon-purple-64x64.png)
@ eaef5965:511d6b79
2024-08-30 11:58:55
For six full years I've been updating and commenting on the status of global central bank money on Twitter. As the seventh year of my research commences, for 2024 Q2, it's about time to bring it home to the better bird protocol. This is a much more philosophically aligned place to focus in on the signal when it comes to our money, and I'm happy to finally convert these posts to long-form here.
**This is quarterly update #25, for 2024 Q2.**
If you have followed [my work](https://www.porkopolis.io/) before, then you know that the constant hymn I've sung while speaking publicly about Bitcoin is that the only, economically comparable money supply in the fiat world to 21 million bitcoins is what economists call the "monetary base," or "base money." This is a corporeal money supply that has existed across all of modern economic and central banking epochs. For an apples-to-apples, ontological comparison with Bitcoin, look no further then Base money.
## So what is it?
It is *central bank money*, comprised of two supplies:
1. **Physical currency**: Notes and coins, or “cash;”
2. **Bank reserves**: The “Master account” that each commercial bank holds with its central bank.
Now, why do I refer to this as, "Central bank money?" This is because, unlike all other money supplies in the fiduciary banking world (like M1/M2/M3), the Monetary base is the sole and ultimate money supply controlled by the central bank. It is, literally, the *printing press*.
What follows won't be a lesson in reserve ratios or monetary economics. The point is that you simply understand that ***there is*** a money supply that central banks solely control, and of course (of course!) this is what Bitcoin's 21 million are up against.
The monetary base is to the core of the entire fiat financial system, as 21 million bitcoins are to the core of the Bitcoin protocol.
One is open and permissionless, and one is not.
By the way, the monetary base is essentially (though not entirely) analogous to the *total liabilities* of a central bank, so we can (basically) say that the monetary base is the "balance sheet" of each central bank.
**On cash**. Quick notes on the above. Certainly you understand what "cash" is, and it is indeed an instrument that has been fully monopolized by each central bank in each nation around the world--only they can print it. Even though it is true that banks in more free banking societies in the past could freely print and strike notes and coins, the central bank (or state) monopoly has been around for a long time. Kublai Khan was the first to do it 750 years ago.
**On bank reserves**. Don't stress your brain on this too much, but this is the main "settlement money" that banks use between each other, when they want to settle their debts. It is digital now (Fedwire in US, CHAPS in UK), but it doesn't technically have to be, and of course before modern technology took over even a few decades ago, it was not.
These two stacks of retail and wholesale cash, stacks of *central bank money*, are what makes up the **Monetary base**. This is the *printing press*. Only this compares to 21 million bitcoins.
And gold, and silver by the way.
Final note, central bank digital currencies, or CBDCs, which are simply LARPing on Bitcoin's success, are indeed created by central banks, and they are indeed classified as Base money. They are going to be a "third rail." They are thankfully incredibly small, pilot projects today. We will see how far democracies will be tested, as autocracies no doubt will mainstream them; but for now, consider them, at least economically, to be inconsequential to the update below.
With that review out of the way, onward to Q2 update for 2024.
## Bitcoin is the **6th largest money in the world**.
In February 2024, it surpassed the monetary base of the United Kingdom, that is its value was larger than the Bank of England's balance sheet, and it remains so to this day.
As of 30 June 2024, there are four central bank balance sheets larger than Bitcoin:
1. **Federal Reserve (dollar)**: $5.73 trillion
2. **European Central Bank (euro)**: $5.19 trillion equivalent
3. **People's Bank of China (yuan)**: $5.11 trillion equivalent
4. **Bank of Japan (yen)**: $4.20 trillion equivalent
So if we only look at this from a "fiat" perspective, then Bitcoin is indeed the 5th largest money in the world.
However, the all-important monetary metal throughout history that even a child knows about--gold--is still king at around **$15 trillion in value**, or 6.1 billion ounces worldwide. Note, this does not include gold lost/recycled through industry; in that case, it is estimated that about 6.8 billion ounces of gold have been mined throughout humanity.
![](https://blossom.primal.net/21e9bcba7166efbd1f50b48e4bae3650054b864c2358b61dd05ccf9333939193.png)*Update #25 Executive Summary*
Silver, for what it's worth, is still a big "monetary" metal; though it is true, much more silver is gobbled up in industry compared to gold. There are about 30.9 billion ounces of non-industrial silver floating around the world (most of it in jewelry and silverware form) that is valued in today's prices at $930 billion. Bitcoin bigger.
## **State of the Print: $26.1 trillion**.
If we add up the Big Five central banks already mentioned above (again, Bitcoin being larger than the Bank of England's monetary base), as well as the next 45 central banks, we get to a total, USD equivalent value of **$26.1 trillion in base money across the world**.
If we consider $26.1 trillion as the Big Boss of central bank money, the figure in totality, then Bitcoin at $1.2 trillion network value indeed has some way to go. We can also imagine how the Pareto distribution occurs even in money, if Bitcoin after only 15 years is already larger than every central bank money in the world except for four of them. Wild to ponder.
## Inflation: 12.7% per year.
It is also true that for two years they have been trying to "normalize" their balance sheets after the 2020-22 Covid madness, stimulus, and money printing. Of course, they have been trying all along to normalize since the 2008 global finance crisis (GFC), but I digress.
When I first started my website, I vowed never to use such a non-corporeal thing as CPI to discuss how much things cost. A "general increase in the level of consumer prices," or CPI, as measured by planning boards around the world, is not a real thing. It may be calculated by people with the best of intentions, but it has been manipulated and volumes have been written about it. I don't use it.
I have always defined inflation as the classical economists did: Inflation is an increase in the "stock" of money. If we know the all-time stock of euros printed by the European Central Bank now, and we know the all-time stock of euros printed by the ECB 12 months ago, then it is very easy to calculate the annual inflation of the euro. Not only is it easy, but *it is real*. It is corporeal. Watch what they do, not what they say.
But we should be rigorous. If inflation is an increase in the stock of money, what is a decrease in the stock of money? Does this happen? Well, this is *deflation*, and yes it does happen. You may be surprised to learn that for two years central banks around the world have collectively been shrinking their balance sheets, and thus we have been in a state of deflation.
With my research we can visually see all of this, and it is here:
![](https://blossom.primal.net/7b45c11c9345fbf26fdd44ce7007c737f14a4351d8b4028773d374612b3c1fd2.png)*Inflation, or Deflation?*
Turns out that the normalization is more difficult than they thought, as they are still at $26.1 trillion, and before Covid the global monetary base was $20 trillion. Nonetheless, they have stopped the money printing of 2020 and 2021.
I have written much about my [methodology for these reports](https://www.porkopolis.io/methodology/), but the bottom line is that the area curve on the left axis (the base money itself, denominated in dollars), will not necessarily reflect what is happening with the actual money print, trailing 12-month % figures on the right axis (the growth rate or inflation rate). It is a *Wittgenstein's ruler* thing.
The blended, global, annual rate of central bank money printing at the moment is nearly flat, just slightly negative at -0.3%.
The flat levels and the slight rate of deflation have been relatively consistent for the last two years, but if you look at that the 2022 peak of $30 trillion, this may seem like they have cut the supply much more than this. *They haven't*. This is because, on balance, ***most of the world's currencies have fallen faster in value against the dollar, even though they continue to print***.
This is why we have seen $4 trillion in base money shed in value over the last couple years of rising interest rates, but the *actual decrease the rate of base money printed* has only been around **-1% to -2% per year**, when measured across each currency's native unit growth, each month.
And for the high signal, no-noise figure in my attempt to get you to one number to understand how much central banks have compounded their fiat base money stack across 50+ years, **that figure is 12.7% per year**.
And Powell says he wants to cut rates (print money) again. Wild.
## Let's compare.
For the rest of this report, I want to do something different and simply spend some time looking at the compound annual growth rates of various corporeal things around the world, in order that we can compare those to the growth of the fiat monetary base, and Bitcoin.
Remember, most things in the financial and economic world grow exponentially. This simply means that they grow *constantly*. The financial term here is compound growth, or compound interest. This rate of growth can indeed change year to year (interest rates can go up, or down), but over the years we can observe a strong trend, and that is what I want to summarize here for you.
## Population.
The world has grown exponentially at **1.7% per year** over the last 75 years. However, despite all the overpopulation myths you've probably heard, this rate of growth is actually falling, well below trend, and we only grow at **0.9% per year** at the moment.
<img src="https://blossom.primal.net/90fbd48fcd521e23de66747536591d3ef2896444064a7b2e199078db0bfba193.png">
## GDP.
The United States has grown its economy at 5.2% compounded per year since the founding of the republic. We are at the higher end of this trend right now, $28 trillion per year and growing at **5.8% per year**.
<img src="https://blossom.primal.net/34f4fc9e55e6f56dba3e4e8dbd5dcbd3e9e4e0d34065342b979232eea511339b.png">
## Stocks.
Stocks grow exponentially as well, don't let anyone tell you otherwise. The growth rate is **7.3% per year** for the S&P 500, the main US index that tracks more than 80% of total market caps.
<img src="https://blossom.primal.net/296a61cbf0d70e364b83f83194ec77f403b2400cd0a5037267c12df7515fc75e.png">
## Stocks. With Dividends.
If you reinvest those dividends into the same stock market, you'll earn more. Still compound growth, but 2% higher at **9.3% per year** for the S&P.
<img src="https://blossom.primal.net/3e7af90c34a41cd46c7cd40d41882978d779bac8a41264a757acecf3bb8abaa2.png">
## Bonds.
Bonds are supposedly safer than stocks (bondholders get paid back first), and more cash flowing. If you look at the longest running bond index in the US, it grows at **7.1% per year**, compounded.
<img src="https://blossom.primal.net/00a0792079370ed7fe1f5764885b1e42937ed819ad0ab873d68d23cf557379f3.png">
## Base Money.
As we've discussed, base money grows, if re-weighting the native unit growth each month, at **12.7% compounded per year**. However, this trendline analysis looks at it differently. It simply looks at the USD value of the global monetary base (again, **$26.1 trillion**), and draws an exponential trendline on that USD equivalent growth for 50+ years. In other words, this is going to be *after all currency fluctuations* have played themselves out.
Do you think the growth rate here will be higher or lower? Actually lower, at **10.3% per year**. But there is a big asterisk here, as more base money supplies are added in later periods than in the 1970s and 1980s, so it is not as rigorous as the 12.7% figure. In any event, one might expect this trendline analysis to *actually be higher* in that case, so it goes to show how quickly currency values can fall against the global reserve currency!
<img src="https://blossom.primal.net/01af174097a9eb2e8d51b80d3bea8e71e135664eecc511f317d09b0f43dd1193.png">
## Silver.
This is total ounces ever mined. They trend upward at **1.4% per year**.
<img src="https://blossom.primal.net/ae1aa48cfdadb64b93ddde96443879ce0d55c35b0f5310fbe142c4cccae7f387.png">
## Gold.
This is total ounces ever mined. Gold trends upward at **1.7% per year**. Faster than silver. Surprised? Notice the R-squared (goodness of fit) for both silver and gold.
<img src="https://blossom.primal.net/3616dbb2d34660549ee03326c63bba15dcff8d5d90f416770875555e9bac4215.png">
## Bitcoin.
Bitcoins grow according to a basic logarithmic curve. Trying to draw percentiles is pointless here, and even measuring a trendline is somewhat pointless, as everyone knows the bitcoins prescribed into the future, by the protocol. Better to just quote the trailing 12-month growth figure, and it is **1.7% per year** and falling. For now, identical to gold.
<img src="https://blossom.primal.net/bbb62f63b6f9a4f2ead25f2af673bfa2a9695ded9e8ccd6c24893d26df876591.png">
## Silver price.
Since 1971 it's trended at 3.4% per year. Silver bug?
<img src="https://blossom.primal.net/1503c5ddea14b2d3252119bc115570495d26f468e8782d0f698470008c766834.png">
## Gold price.
Since 1971 it's trended at 5.0% per year. Gold bug?
<img src="https://blossom.primal.net/f7e1e3683fcd4dc190b8c185c2173b0def0dde015402c5d61aa332305057a22e.png">
## Bitcoin price.
Note, we have finally arrived at something that grows differently than exponential. As I've observed since 2018, Bitcoin grows according to a power trend. Did you notice that all the prior exponential trends displayed themselves as straight lines on log scale? Well, with Bitcoin, the power trendline gradually falls across time, but the growth is still well larger than anything we've covered thus far.
Why? It's being adopted, of course.
Bitcoin's power trendline has grown **169.9% per year** since Bitcoin Pizza Day in 2010. Note that this is something akin to a "Lifetime Achievement" figure, and it will continue to fall every day. Over the prior 12 months ending 30 June 2024, Bitcoin grew **105.6% over the year**. The compound growth of the power trend today is **45% per year**. By 2030 it will fall to "only" **36% per year**.
Oh yes, and it is free, open, and permissionless.
<img src="https://blossom.primal.net/f25cfc32102f0bfe6e5f284b922adbd3d97c1fdac75d6780a25400e40fe81fbf.png">
## To summarize.
That's a lot of data that came at you quick. I've compiled it all in a helpful table here for you to review at any time. This is the world at 2024, Q2:
<img src="https://blossom.primal.net/033c016467fc061265366b6cd34769a37747374350cc5d864ede0bc4a1096886.png">
## Base money concluded
The following table gives you a complete summary of the fiat currencies, gold, silver, and Bitcoin figures used in this analysis, for this quarter. Please print it out if you like, it is meant to be a helpful, in-depth companion when fiat friends come asking.
<img src="https://blossom.primal.net/2113d41187c71c6b833be7f5d0db14438fb4f4f9df4c519faaee5db9c27e831d.png">
Thank you for reading! If you enjoyed, please consider zapping, and you can also donate to my [BTCPay](https://donations.cryptovoices.com/) on [my website](https://www.porkopolis.io/) if you'd like to help keep this research going.
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@ ed97c99f:117a4678
2024-08-30 00:55:19
### Changing Passwords in Linux Using GRUB
1. **Access the GRUB Menu**: Reboot your system and hold down the **Shift** (BIOS) or press the **Esc** (UEFI) key to access the GRUB menu.
2. **Edit the GRUB Entry**: Highlight the Linux entry and press **'e'** to edit.
3. **Modify Boot Parameters**: Find the `linux` or `linux16` line and add `single` or `init=/bin/bash` at the end. Press **Ctrl + X** or **F10** to boot.
4. **Remount the Filesystem**: If booted into a bash shell, run `mount -o remount,rw /` to remount the filesystem as read-write.
5. **Change the Password**: To change the root password, run `passwd`. For a user, run `passwd username`.
6. **Reboot the System**: After changing the passwords, reboot the system by running `exec /sbin/init` or `reboot`.
7. **Log In**: Log in with the new root or user password.
originally posted at https://stacker.news/items/666211
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@ 6389be64:ef439d32
2024-08-29 18:35:53
Editing of profiles and projects seems easier and laid out better and the overall responsiveness of the website feels greatly improved.
The Analytics section tho . . . whoo doggie! What an upgrade.
Try it out at geyser.fund
originally posted at https://stacker.news/items/665891
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@ bf7973ed:841ad12a
2024-08-29 17:50:48
Posted using obsidian plugin
https://obsidian.md/plugins?search=nostr#
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![](/static/nostr-icon-purple-64x64.png)
@ 5d4b6c8d:8a1c1ee3
2024-08-29 16:50:37
# The Righteous Mind: Why Good People are Divided by Politics and Religion
This is one of my top recommends for just about anyone. Unless you just hate discussing or thinking about contentious ideas, The Righteous Mind is a must read for anyone seeking to understand how people hold such different views in good faith.
The author, Jonathan Haidt, is a well respected social and moral psychologist. While being hosted by a family in India, he realized that his hosts had moral sensibilities that he just didn't have. This wasn't a matter of reaching a different conclusion about a moral question. There were things they cared about for reasons entirely alien to him. That's where his key insight came from: people have fundamentally different moral sensibilities.
Haidt realized that many of the moral and political positions held by American conservatives were motivated by some of these same moral sensibilities that he simply lacked. What followed was an attempt to categorize the different types of moral sensibilities and look for patterns in who have which ones.
## Moral Tastebuds
Initially, Haidt identified five different moral sensibilities and likened them to tastebuds. People with a particular moral sensibility will perceive certain situations as morally significant, while those without the sensibility do not perceive it as morally significant. A sixth tastebud was added after studying libertarians and realizing just how goddamn weird we are.
### The Six Moral Foundations
* Care/Harm
* Fairness/Cheating
* Loyalty/Betrayal
* Authority/Subversion
* Sanctity/Degradation
* Liberty/Oppression
The findings are that each of us have different sensitivities to each of these flavors of morality. There have been some subsequent refinements and additions made in more recent work on Moral Foundations. You can learn about your personal Moral Foundations by taking [this quiz](https://moralfoundations.github.io/).
## Political Differences
The part of the book I found most interesting, and the portion that is discussed the most, is describing how progressives and conservatives differ in their moral tastebuds. This explains a lot of why it's so difficult for people to have constructive conversations with "the other side".
Progressives score very high on care and fairness, but relatively low on the others. Conservatives, on the other hand, score fairly high across the board. In one sense, it's not surprising that conservatives have a broader moral palate (they are stereotyped as "moralizers", after all). However, what surprised me is that they seem to care just as much as progressives about the things progressives care about.
## Failure to Communicate
One of the follow up experiments they did on that initial research, was to gauge how much understanding each side had of the other. This was done by allowing people to ascribe justifications for their answers to a set of political and ethical questions. Then, subjects were asked how someone in the opposite political camp would answer the questions and what their justifications would be.
The results were exactly as you'd expect from the moral foundations work. Conservatives knew what progressives believed and why, but progressives did not understand what conservatives believed or why they believed it. Conservatives share the moral foundations of progressives, so they understand them. Progressives do not share the other moral foundations of conservatives and therefor don't understand them.
## On Liberty
Libertarians were discussed in the book, but most of the research to that point had not included the Liberty foundation. What they've learned is that libertarians are overwhelmingly sensitive to the liberty tastebud and fairly numb to the others.
That result fascinates me, because there's nothing about libertarianism, per se, that rules out broader moral sensibilities. Libertarianism, after all, is not a holistic moral philosophy, but rather a legal philosophy. There's no contradiction in being extremely socially conservative, while also believing that the law should only punish violations of property rights. Similarly, there's no inherent reason why a socially progressive individual couldn't adopt a live-and-let-live view of government.
However, it seems that people, by and large, think force needs to be brought to bear on whatever it is that they care about, but not on anything else.
originally posted at https://stacker.news/items/665765
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@ 8d5ba92c:c6c3ecd5
2024-08-29 12:16:25
Many years ago, I realized that movies, particularly those from mass cinema, can be used for brainwashing the masses. It’s a perfect tool for long-term programming and control.
Don’t get me wrong—I’m not saying all films push propaganda. However... The visual medium is particularly powerful in shaping our thinking and influencing how we see the world. Add bad intentions—namely politics and greed—into the mix, and you get a clear example of how people have been subtly fed selected narratives, motifs, and trends through mass-produced content, especially over the last 5-10 years.
If you don’t agree, let’s talk. But before you comment or send me a DM, finish this short article so you have a stronger base to build your full opinion on.
## Legacy Cinema Built on Bitcoin Standard.
I won’t dive too deep into independent cinema right now, which I sometimes jokingly call 'Binema.' Yet, for some context: together with a group of friends, I’m working on a project called Bitcoin FilmFest. Our goal is to support independent creators year-round and host a unique film festival annually. Feel free to join us in Warsaw, Poland, for #BFF25. FYI. It’s not a conference, but a community-driven cultural experience.
**To connect this with the main topic of this read—legacy cinema—let me bring up a question that comes up from time to time, both within our team and from others:**
🤔 Does Binema have to focus solely on independent films, especially those directly about Bitcoin?
**In my opinion: NO.**
I’ve even written articles about classic yet big-budget films like THE MATRIX, EQUILIBRIUM, THE TRUMAN SHOW, and a few other titles, explaining why they deserve a place in Bitcoin Cinema. I’ll probably share those here soon...
In the meantime, I’ve created dozen of memes that put together classic movies with sound money—combining knowledge with humor and irony 😎 Some of them are below.
If you like any of these, simply download and share them with others. If you find any similar memes that mix legacy cinema with Bitcoin ethos, and decide to post them somewhere, [please tag me](nostr:npub134d6jtyveg74cuuj7qun4v2m6r7x7c6ryk69z4q7pa7f43kran2sl2yggk) and [Bitcoin FilmFest](nostr:npub1rjtrs7xqdvj3588r9njrexh2n750j7jdwx9qs543nutmdsj6ljaqpfmp8a). We’d love to spread them further. The more people see them and enjoy, the better!
-----------------------------------------------------
**#01: Jerry Maguire (1996)—'A life isn’t worth living if you are sleepwalking through it.' Find the signal in the noise. Study Bitcoin.**
![Bitcoin, you complete me](https://i.nostr.build/rJDviQEcxLqbE1ju.png)
**#02: Boating accidents and the main lesson from TITANIC (1997)**
![Lost my keys at the bottom of the sea - TITANIC Bitcoin Meme](https://i.nostr.build/150Sjr1GqjM7s0q1.png)
**#03: GROUNDHOG DAY (1993)—"Be like Phil, don't play by their rules. Opt-out with sound-money. Choose freedom."**
![Don't play by their rules anymore](https://i.nostr.build/RZYaWuYlE1FtfhJs.png)
**#04: GAME OF THRONES (2011–2019) and the importance of preserving your wealth**
![Keep your sats in cold storage](https://i.nostr.build/ge2Y7m47UQurkEHB.png)
**#05: THE ADAM PROJECT (2022)—"Time travel only exists in movies. Stop wondering about this or that. Study Bitcoin, if you haven't started yet."**
![Study Bitcoin](https://i.nostr.build/h30oPJ8R4xFczqyM.png)
**#06: A.L.F (1986–1990) and the complexities of Bitcoin Mining**
![Bitcoin Mining in the past](https://i.nostr.build/56rdBRVtJQ9drx2Q.png)
**#07: STAR TREK—The Original Series (1966): 'Live long and prosper' to all Noderunners out there!**
![Noderunners vs. STAR TREK](https://i.nostr.build/QtxTb8Krj1nGBvng.png)
*BTC Your Mind. Let It Beat…*
Şela / AZA
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@ e6fbeb1c:6ac8fc04
2024-08-29 11:01:52
- Carrots from the oven (cold)
- Feta cheese
- Olive oil
- Dill
![Carrots with feta cheese](https://m.stacker.news/48770)
originally posted at https://stacker.news/items/665360
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@ d830ee7b:4e61cd62
2024-08-29 08:50:45
ในโลกที่ Bitcoin เติบโตอย่างก้าวกระโดด ความต้องการในการทำธุรกรรมที่รวดเร็ว ปลอดภัย และเป็นส่วนตัว ก็เพิ่มสูงขึ้นตามไปด้วย
Lightning Network ได้เข้ามาช่วยแก้ปัญหา Scalability ของ Bitcoin ได้ในระดับหนึ่ง แต่ก็ยังมีข้อจำกัด เช่น ความซับซ้อนในการใช้งาน และความจำเป็นในการบริหารจัดการสภาพคล่อง
ในปี 2023 Burak Keceli นักพัฒนา Bitcoin ผู้มากประสบการณ์ ได้เปิดตัว **Ark Protocol** ซึ่งเป็นเลเยอร์ 2 โปรโตคอล ที่เสนอแนวทางใหม่ในการทำธุรกรรม Bitcoin
โดย Ark มาพร้อมกับแนวคิดที่ล้ำสมัย และกลไกการทำงานที่แตกต่างไปจาก Lightning Network
บทความนี้จะพาพวกเราไปทำความรู้จักกับ Ark Protocol กันเบื้องต้น ตั้งแต่หลักการทำงานของเทคโนโลยีนี้ ข้อดี-ข้อเสีย การเปรียบเทียบกับ Lightning Network และเทคโนโลยีอื่นๆ ไปจนถึงอนาคตของ Ark ในฐานะเลเยอร์ 2 ทางเลือกใหม่
## **🤔 Ark Protocol คืออะไร?**
Ark Protocol คือ เลเยอร์ 2 โปรโตคอล ที่สร้างขึ้นบนบล็อกเชน Bitcoin โดยมีเป้าหมายเพื่อเพิ่มความสามารถในการขยายขนาด (Scalability) ยกระดับความเป็นส่วนตัว (Privacy) และมอบประสบการณ์การใช้งานที่ราบรื่นยิ่งขึ้น
Ark ทำงานโดยใช้แนวคิด **Virtual UTXO** (vUTXO) และ Covenant ในการทำธุรกรรมนอกบล็อกเชน (Off-Chain)
โดยอ้างว่าสามารถทำธุรกรรมได้รวดเร็ว ราวกับส่งข้อความ ค่าธรรมเนียมต่ำจนแทบไม่รู้สึก และมีความเป็นส่วนตัวสูง ปกป้องข้อมูลธุรกรรมจากสายตาคนอื่น
## 📌 **vUTXO เหรียญ Bitcoin ดิจิทัลในตู้นิรภัยลับ**
ลองนึกภาพ vUTXO (Virtual UTXO) เป็นเหมือนเหรียญ Bitcoin ดิจิทัล ที่ถูกเก็บไว้ในตู้นิรภัยสุดไฮเทค
ตู้นิรภัยนี้ตั้งอยู่นอกบล็อกเชน Bitcoin ทำให้การเข้าถึง vUTXO เป็นไปอย่างรวดเร็ว และไม่ต้องผ่านกระบวนการตรวจสอบที่ยุ่งยาก เหมือนกับการหยิบเหรียญจากกระเป๋า แทนที่จะต้องไปรื้อค้นหาในกองสมบัติขนาดใหญ่
vUTXO คือหัวใจสำคัญของ Ark ที่ทำให้การทำธุรกรรมมีความรวดเร็ว และมีค่าธรรมเนียมต่ำ เนื่องจากธุรกรรม vUTXO เกิดขึ้นนอกบล็อกเชน Bitcoin จึงไม่ต้องรอการยืนยัน (Confirmation) จากเครือข่าย Bitcoin
## **📌 Covenant สัญญาพิทักษ์ความปลอดภัย**
เพื่อให้มั่นใจว่า vUTXO จะถูกใช้จ่ายอย่างถูกต้อง Ark ใช้ **Covenant** ซึ่งเปรียบเสมือนสัญญาที่กำหนดเงื่อนไขการใช้จ่าย vUTXO ล่วงหน้า
Covenant เหล่านี้ถูกเก็บไว้ใน vUTXO Tree ซึ่งเป็นเสมือนผังข้อมูลของ vUTXO ที่ช่วยให้ Ark สามารถจัดการ vUTXO ได้อย่างมีประสิทธิภาพ
และช่วยปกป้องความเป็นส่วนตัวของผู้ใช้ เหมือนกับการมีระบบรักษาความปลอดภัยหลายชั้น ที่ทำให้มั่นใจได้ว่า มีเพียงเจ้าของที่แท้จริงเท่านั้น จึงจะสามารถเข้าถึง vUTXO ได้
## **📌 vUTXO Tree ผังข้อมูลของ vUTXO**
**vUTXO Tree** คือโครงสร้างข้อมูลที่ใช้จัดเก็บ vUTXO โดยใช้ Covenant ในการกำหนดเงื่อนไขการใช้จ่าย และสามารถนำ vUTXO กลับมาใช้ใหม่ได้ (Recycle) ทำให้ลดการใช้พื้นที่บนบล็อกเชน และเพิ่มความเป็นส่วนตัว
vUTXO Tree ช่วยให้ Ark สามารถจัดการ vUTXO จำนวนมากได้อย่างมีประสิทธิภาพ และลดความซับซ้อนในการทำธุรกรรม
## **⭐ ASP ผู้พิทักษ์แห่งโลก Ark**
Ark Service Provider (ASP) คือผู้ดูแลระบบ Ark ที่เปรียบเสมือนธนาคารที่เก็บรักษา Bitcoin ของผู้ใช้ และให้บริการ vUTXO ASP ทำหน้าที่ตรวจสอบธุรกรรม อัพเดต vUTXO Tree และดูแลความปลอดภัยของระบบ ASP เปรียบเสมือนผู้ดูแลตู้นิรภัย ที่คอยดูแล vUTXO ของผู้ใช้ และอำนวยความสะดวกในการทำธุรกรรม
## **🧡 3 ขั้นตอนง่ายๆ สู่ธุรกรรม Bitcoin**
Ark Protocol เปรียบเสมือนโลกใบใหม่ที่ถูกสร้างขึ้นเพื่อให้การทำธุรกรรม Bitcoin เป็นเรื่องง่าย รวดเร็ว และปลอดภัยยิ่งขึ้น การเดินทางในโลก Ark นั้นไม่ซับซ้อนอย่างที่คิด เพียงแค่ 3 ขั้นตอนง่ายๆ คุณก็สามารถสัมผัสประสบการณ์การใช้ Bitcoin แบบเหนือชั้นได้
**1. ก้าวแรกสู่โลก Ark โดยแลก Bitcoin เป็น vUTXO**
การเข้าสู่โลก Ark เริ่มต้นจากการฝาก Bitcoin ของคุุณเข้าสู่ Ark Service Provider (ASP) เปรียบเสมือนการเดินเข้าธนาคารเพื่อแลกเงินสดเป็นเช็ค
ASP จะทำหน้าที่ดูแลรักษา Bitcoin ของคุุณอย่างปลอดภัย และมอบ vUTXO ให้เป็นเสมือนเช็คดิจิทัลที่คุุณสามารถใช้จ่ายในโลก Ark ได้
- **เลือก ASP** / ก่อนอื่น คุุณต้องเลือก ASP ที่น่าเชื่อถือ โดยพิจารณาจากชื่อเสียง ค่าธรรมเนียม และบริการที่ ASP นั้นๆ มีให้บริการ
- **ฝาก Bitcoin** / เมื่อเลือก ASP ได้แล้ว คุุณสามารถฝาก Bitcoin ไปยังที่อยู่ Bitcoin ของ ASP ที่คุุณเลือก
- **รับ vUTXO** / เมื่อ ASP ได้รับ Bitcoin ของคุุณแล้ว ระบบจะทำการออก vUTXO ให้กับคุุณโดยอัตโนมัติ vUTXO นี้จะถูกเก็บไว้ใน vUTXO Tree ที่ ASP ดูแล มูลค่าของ vUTXO จะเท่ากับจำนวน Bitcoin ที่คุุณฝากเข้าไป
ตอนนี้คุุณพร้อมที่จะเริ่มต้นการเดินทางในโลก Ark แล้ว..
**2. ธุรกรรมสายฟ้าแลบ ผ่านการส่ง vUTXO รวดเร็ว ปลอดภัย ไร้กังวล**
vUTXO เปรียบเสมือนเช็คดิจิทัลที่ทำให้การทำธุรกรรม Bitcoin เป็นเรื่องง่าย รวดเร็ว และปลอดภัย
- **ส่ง vUTXO ง่ายๆ** / เพียงแค่ระบุจำนวน vUTXO ที่ต้องการส่ง และที่อยู่ Ark ของผู้รับ ธุรกรรมของคุณจะถูกดำเนินการทันที โดยไม่ต้องรอการยืนยันจากบล็อกเชน Bitcoin
- **ค่าธรรมเนียมต่ำ** / เนื่องจากธุรกรรม vUTXO เกิดขึ้นนอกบล็อกเชน Bitcoin จึงมีค่าธรรมเนียมที่ต่ำกว่าการทำธุรกรรมบนบล็อกเชน Bitcoin
- **ความเป็นส่วนตัว** / ข้อมูลธุรกรรม vUTXO จะถูกเก็บไว้ใน vUTXO Tree ซึ่ง ASP เป็นผู้ดูแล จึงมีความเป็นส่วนตัวมากกว่าการทำธุรกรรมบนบล็อกเชน Bitcoin
**3. กลับสู่โลก Bitcoin ด้วยการแลก vUTXO คืนเป็น Bitcoin**
เมื่อคุุณต้องการนำ Bitcoin ออกจากโลก Ark เพื่อนำไปใช้จ่ายในโลกภายนอก คุุณสามารถแลก vUTXO คืนเป็น Bitcoin ได้ง่ายๆ
- **ส่งคำขอถอน** / เพียงแค่ส่งคำขอถอน Bitcoin ไปยัง ASP พร้อมระบุจำนวน Bitcoin ที่ต้องการถอน และที่อยู่ Bitcoin ของคุุณ
- **ASP ตรวจสอบและดำเนินการ** / ASP จะตรวจสอบความถูกต้องของคำขอ และยอดคงเหลือ vUTXO ของคุุณ ก่อนทำการโอน Bitcoin ไปยังที่อยู่ Bitcoin ของคุุณ
**สรุป** / การทำธุรกรรมในโลก Ark นั้นง่าย รวดเร็ว และปลอดภัย เพียงแค่ 3 ขั้นตอน คุุณก็สามารถสัมผัสประสบการณ์การใช้ Bitcoin ผ่าน Ark ได้
## **หมายเหตุ**
จากการศึกษาในเอกสารของทางผู้พัฒนา พบข้อสังเกตว่า.. การเลือก ASP ที่น่าเชื่อถือเป็นสิ่งสำคัญ เพราะ ASP จะทำหน้าที่ดูแลรักษา Bitcoin ของคุุณ ดังนั้น ควรศึกษาข้อมูล และเลือก ASP ที่มีชื่อเสียง มีระบบรักษาความปลอดภัยที่ดี และมีค่าธรรมเนียมที่เหมาะสม
## **Ark vs. Lightning Network**
แม้ Lightning Network จะเป็นเลเยอร์ 2 ที่ได้รับความนิยมอย่างมากในปัจจุบัน แต่ Ark ก็มีข้อได้เปรียบและข้อเสียที่แตกต่างกันออกไป ดังนี้..
**1. ด้านความปลอดภัย**
- Ark พึ่งพา ASP ในการดูแล Bitcoin และ vUTXO ดังนั้น ความปลอดภัยของ Ark จึงขึ้นอยู่กับความน่าเชื่อถือของ ASP
- Lightning Network ใช้ Multisig และ Hash Time Locked Contract (HTLC) ในการรักษาความปลอดภัย ซึ่งไม่ต้องพึ่งพาบุคคลที่สาม แต่ผู้ใช้ต้องรับผิดชอบในการจัดการช่องทาง และป้องกันการโจมตีต่างๆ ด้วยตนเอง
**2.ความสามารถในการรองรับปริมาณธุรกรรม (Scalability)**
- Ark สามารถรองรับปริมาณธุรกรรมได้สูง เนื่องจากธุรกรรมเกิดขึ้นนอกบล็อกเชน Bitcoin
- Lightning Network สามารถรองรับปริมาณธุรกรรมได้สูง แต่อาจยังมีข้อจำกัดอยู่บ้าง เนื่องจากต้องอาศัยการเปิด-ปิดช่องทาง และการบริหารจัดการสภาพคล่องที่จำเป็นต้องมีประสบการณ์และความชำนาญสูง
**3.ความซับซ้อนในการพัฒนา**
- การพัฒนาแอปพลิเคชันบน Ark อาจมีความซับซ้อนน้อยกว่า Lightning Network เนื่องจากไม่ต้องจัดการกับช่องทาง และสภาพคล่อง
- การพัฒนาแอปพลิเคชันบน Lightning Network มีความซับซ้อน เนื่องจากต้องเข้าใจ Multisig, HTLC และการจัดการช่องทาง
**4. การกระจายอำนาจ**
- Ark มีการกระจายอำนาจน้อยกว่า Lightning Network เนื่องจากต้องพึ่งพา ASP
- Lightning Network มีการกระจายอำนาจมากกว่า เนื่องจากผู้ใช้สามารถเชื่อมต่อกันเองได้โดยตรง โดยไม่ต้องผ่านตัวกลาง
**5.ความพร้อมในการใช้งาน**
- Ark ยังอยู่ในช่วงเริ่มต้นของการพัฒนา และยังไม่มีการใช้งานอย่างแพร่หลาย
- Lightning Network มีการใช้งานจริงแล้ว และมีแอปพลิเคชัน Wallet และบริการต่างๆ ที่รองรับ
**6.ความยืดหยุ่นในการใช้งาน**
- Ark ออกแบบมาเพื่อการชำระเงิน และอาจไม่เหมาะกับการใช้งานอื่นๆ เช่น Smart Contract
- Lightning Network สามารถนำไปประยุกต์ใช้ได้หลากหลาย เช่น Micropayment, Streaming Payment, และ Decentralized Finance (DeFi)
**7. ต้นทุนในการใช้งาน**
- ค่าธรรมเนียมในการทำธุรกรรม Ark ขึ้นอยู่กับ ASP
- ค่าธรรมเนียมในการทำธุรกรรม Lightning Network ขึ้นอยู่กับ Routing Fee และค่าธรรมเนียมในการเปิด-ปิดช่องทาง
**8. ความเสถียรของระบบ**
- Ark ยังเป็นเทคโนโลยีใหม่ ความเสถียรของระบบยังอยู่ในช่วงการทดสอบ
- Lightning Network มีการใช้งานจริงมาระยะหนึ่งแล้ว และมีความเสถียรในระดับหนึ่ง
**9. การสนับสนุนจากชุมชน**
- Ark ยังมีชุมชนผู้ใช้งานและนักพัฒนาที่เล็กกว่า Lightning Network
- Lightning Network มีชุมชนผู้ใช้งานและนักพัฒนาที่ใหญ่ และมีการพัฒนาอย่างต่อเนื่อง
https://i.nostr.build/gAhg5rQoYU3WmsGy.jpg
## **📌 Ark Labs ก้าวสู่พัฒนาการใหม่บน Bitcoin**
ในเดือนมิถุนายน 2024 ทีมพัฒนา Ark ได้ประกาศก่อตั้งบริษัท Ark Labs อย่างเป็นทางการ ภายใต้การสนับสนุนของ Vulpem Ventures บริษัท Venture Capital ที่มุ่งเน้นการลงทุนในเทคโนโลยี Blockchain และ Cryptocurrency
การก่อตั้ง Ark Labs ถือเป็นก้าวสำคัญของ Ark Protocol ที่แสดงให้เห็นถึงความมุ่งมั่นในการพัฒนาเทคโนโลยี และผลักดันให้ Ark กลายเป็นเลเยอร์ 2 โซลูชัน ที่ได้รับการยอมรับ และใช้งานอย่างแพร่หลาย
📌 **ภารกิจของ Ark Labs**
Ark Labs มี 2 ภารกิจหลัก คือ
- **พัฒนา Ark Protocol แบบ Open Source** Ark Labs มุ่งมั่นที่จะพัฒนา Ark Protocol ให้เป็น Open Source เพื่อให้ทุกคนสามารถเข้าถึง ใช้งาน และมีส่วนร่วมในการพัฒนาเทคโนโลยีได้
- **สร้างบริการสำหรับผู้ใช้ Ark** Ark Labs มีแผนที่จะสร้างบริการต่างๆ ที่ใช้งาน Ark Protocol เช่น Wallet, Payment Gateway, และ API เพื่อให้ผู้ใช้สามารถเข้าถึง Ark ได้ง่าย และสะดวกยิ่งขึ้น
📌 **Ark Labs: ทีมผู้เชี่ยวชาญ ขับเคลื่อนอนาคตของ Bitcoin**
Ark Labs นำโดย Marco Argentieri ผู้มีประสบการณ์ในวงการ Blockchain และ Cryptocurrency มายาวนาน ทีมงานของ Ark Labs ประกอบด้วยนักพัฒนา Bitcoin ผู้มากประสบการณ์ นักออกแบบ และผู้เชี่ยวชาญด้านการตลาด
**แผนงานในอนาคต** แอปพลิเคชันแรก และการเติบโตของระบบนิเวศ
Ark Labs มีแผนที่จะเปิดตัวแอปพลิเคชันแรกที่ใช้ Ark Protocol ภายในปี 2024 โดยแอปพลิเคชันนี้จะเน้นไปที่การทำธุรกรรม Bitcoin ที่รวดเร็ว ปลอดภัย และเป็นส่วนตัว
นอกจากนี้ Ark Labs ยังมีแผนที่จะขยายระบบนิเวศของ Ark โดยการสร้างความร่วมมือกับ Wallet ผู้ให้บริการแลกเปลี่ยน (Exchange) และธุรกิจต่างๆ เพื่อเพิ่มการใช้งาน Ark ให้แพร่หลายมากยิ่งขึ้น
## **บทสรุป**
Ark คืออนาคตของ Bitcoin หรือไม่?
Ark Protocol คือเลเยอร์ 2 ที่น่าจับตามอง มาพร้อมกับแนวคิดที่ล้ำสมัย และศักยภาพในการยกระดับ Bitcoin ไปอีกขั้น แม้จะยังอยู่ในช่วงเริ่มต้น แต่ Ark ก็นำเสนอทางเลือกที่น่าสนใจ
**หมายเหตุ** บทความนี้นำเสนอข้อมูล Ark Protocol โดยอิงจากข้อมูลที่เผยแพร่โดย Ark Labs และแหล่งข้อมูลอื่นๆ ผู้อ่านควรศึกษาข้อมูลเพิ่มเติม และทำการวิเคราะห์ด้วยตนเองก่อนตัดสินใจลงทุนในเทคโนโลยีใดๆ
อย่างไรก็ตาม.. ยังมีคำถามอีกมากมายที่น่าสนใจเกี่ยวกับ Ark Protocol เช่น..
- กลไกการฝาก Bitcoin เข้าสู่ระบบ
- รายละเอียดเกี่ยวกับค่าธรรมเนียม
- และความสามารถในการรองรับปริมาณธุรกรรม (Scalability) เมื่อเทียบกับ Lightning Network
ซึ่งเราจะมาหาคำตอบร่วมกันในเวที Advanced Stage วันที่ 14 กันยายน 2024 ในงาน #TBC2024
มาร่วมเจาะลึก Ark Protocol และสำรวจศักยภาพของเลเยอร์ 2 โซลูชันนี้ไปพร้อมๆ กันครับ!
## **ศึกษาเพิ่มเติม**
- https://ark-protocol.org/
- https://arkdev.info/docs/learn/intro
- https://arklabs.to/
-
![](/static/nostr-icon-purple-64x64.png)
@ 5b0183ab:a114563e
2024-08-29 03:34:51
## Chef's notes
Growing up there are a few staple foods that stick with you. For me, it was my Grandma Betty's Chicken Dijon. It was my birthday request every year and every time we cook it up it touches my heart. Grandma Betty passed away a 7 years ago. This dish is dedicated to her, directly from her recipe book.
## Details
- ⏲️ Prep time: 10
- 🍳 Cook time: 35
## Ingredients
- 4 Chicken Breasts
- 3 Tbsp Butter
- 2 Tbsp Flower
- 1/2 Cup Heavy Cream
- 3 Tbsp Dijon Mustard
- Tomato Wedges
## Directions
1. In large skillet, cook chicken in butter on medium heat till brown on both sides and cooked through (about 20 min)
2. Remove chicken and set aside
3. Stir flower into skillet drippings. (whisk thoroughly for best flavor)
4. Add chicken broth and cream. Whisk until sauce thickens. (about 5 minutes)
5. Add dijon mustard and stir to combine.
6. Place chicken breasts in skillet. Place lid on skillet and simmer on low. (10 minutes)
7. Slice tomato in wedges
8. Chop Parsley
9. Plate Chicken, pour cream sauce, tomato wedges and garnish with parsley.
10. Pairs well with steamed rice or pasta and your favorite vegetable(s) (I prefer sweat peas and Steamed Rice)
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![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-29 02:16:28
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/GwUNT2k26mQ" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
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![](/static/nostr-icon-purple-64x64.png)
@ 460c25e6:ef85065c
2024-08-29 01:07:22
If you don't know where your posts are, you might as well just stay in the centralized Twitter. You either take control of your relay lists, or they will control you. Amethyst offers several lists of relays for our users. We are going to go one by one to help clarify what they are and which options are best for each one.
## Public Home/Outbox Relays
Home relays store all YOUR content: all your posts, likes, replies, lists, etc. It's your home. Amethyst will send your posts here first. Your followers will use these relays to get new posts from you. So, if you don't have anything there, **they will not receive your updates**.
Home relays must allow queries from anyone, ideally without the need to authenticate. They can limit writes to paid users without affecting anyone's experience.
This list should have a maximum of 3 relays. More than that will only make your followers waste their mobile data getting your posts. Keep it simple. Out of the 3 relays, I recommend:
- 1 large public, international relay: nos.lol, nostr.mom, relay.damus.io, etc.
- 1 personal relay to store a copy of all your content in a place no one can delete. Go to [relay.tools](https://relay.tools/) and never be censored again.
- 1 really fast relay located in your country: paid options like http://nostr.wine are great
Do not include relays that block users from seeing posts in this list. If you do, no one will see your posts.
## Public Inbox Relays
This relay type receives all replies, comments, likes, and zaps to your posts. If you are not getting notifications or you don't see replies from your friends, it is likely because you don't have the right setup here. If you are getting too much spam in your replies, it's probably because your inbox relays are not protecting you enough. Paid relays can filter inbox spam out.
Inbox relays must allow anyone to write into them. It's the opposite of the outbox relay. They can limit who can download the posts to their paid subscribers without affecting anyone's experience.
This list should have a maximum of 3 relays as well. Again, keep it small. More than that will just make you spend more of your data plan downloading the same notifications from all these different servers. Out of the 3 relays, I recommend:
- 1 large public, international relay: nos.lol, nostr.mom, relay.damus.io, etc.
- 1 personal relay to store a copy of your notifications, invites, cashu tokens and zaps.
- 1 really fast relay located in your country: go to [nostr.watch](https://nostr.watch/relays/find) and find relays in your country
Terrible options include:
- nostr.wine should not be here.
- filter.nostr.wine should not be here.
- inbox.nostr.wine should not be here.
## DM Inbox Relays
These are the relays used to receive DMs and private content. Others will use these relays to send DMs to you. **If you don't have it setup, you will miss DMs**. DM Inbox relays should accept any message from anyone, but only allow you to download them.
Generally speaking, you only need 3 for reliability. One of them should be a personal relay to make sure you have a copy of all your messages. The others can be open if you want push notifications or closed if you want full privacy.
Good options are:
- inbox.nostr.wine and auth.nostr1.com: anyone can send messages and only you can download. Not even our push notification server has access to them to notify you.
- a personal relay to make sure no one can censor you. Advanced settings on personal relays can also store your DMs privately. Talk to your relay operator for more details.
- a hidden, but public relay if you want DM notifications from our servers.
Make sure to add at least one public relay if you want to see DM notifications.
## Private Home Relays
Private Relays are for things no one should see, like your drafts, lists, app settings, bookmarks etc. Ideally, these relays are either local or require authentication before posting AND downloading each user\'s content. There are no dedicated relays for this category yet, so I would use a local relay like Citrine on Android and a personal relay on relay.tools.
Keep in mind that if you choose a local relay only, a client on the desktop might not be able to see the drafts from clients on mobile and vice versa.
## Search relays:
This is the list of relays to use on Amethyst's search and user tagging with @. **Tagging and searching will not work if there is nothing here.**. This option requires NIP-50 compliance from each relay. Hit the Default button to use all available options on existence today:
- nostr.wine
- relay.nostr.band
- relay.noswhere.com
## Local Relays:
This is your local storage. Everything will load faster if it comes from this relay. You should install Citrine on Android and write ws://localhost:4869 in this option.
## General Relays:
This section contains the default relays used to download content from your follows. Notice how you can activate and deactivate the Home, Messages (old-style DMs), Chat (public chats), and Global options in each.
Keep 5-6 large relays on this list and activate them for as many categories (Home, Messages (old-style DMs), Chat, and Global) as possible.
Amethyst will provide additional recommendations to this list from your follows with information on which of your follows might need the additional relay in your list. Add them if you feel like you are missing their posts or if it is just taking too long to load them.
## My setup
Here's what I use:
1. Go to [relay.tools](https://relay.tools/) and create a relay for yourself.
2. Go to [nostr.wine](https://nostr.wine/) and pay for their subscription.
3. Go to [inbox.nostr.wine](https://inbox.nostr.wine/) and pay for their subscription.
4. Go to [nostr.watch](https://nostr.watch/relays/find) and find a good relay in your country.
5. Download Citrine to your phone.
Then, on your relay lists, put:
Public Home/Outbox Relays:
- nostr.wine
- nos.lol or an in-country relay.
- <your.relay>.nostr1.com
Public Inbox Relays
- nos.lol or an in-country relay
- <your.relay>.nostr1.com
DM Inbox Relays
- inbox.nostr.wine
- <your.relay>.nostr1.com
Private Home Relays
- ws://localhost:4869 (Citrine)
- <your.relay>.nostr1.com (if you want)
Search Relays
- nostr.wine
- relay.nostr.band
- relay.noswhere.com
Local Relays
- ws://localhost:4869 (Citrine)
General Relays
- nos.lol
- relay.damus.io
- relay.primal.net
- nostr.mom
And a few of the recommended relays from Amethyst.
## Final Considerations
Remember, relays can see what your Nostr client is requesting and downloading at all times. They can track what you see and see what you like. They can sell that information to the highest bidder, they can delete your content or content that a sponsor asked them to delete (like a negative review for instance) and they can censor you in any way they see fit. Before using any random free relay out there, make sure you trust its operator and you know its terms of service and privacy policies.
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![](/static/nostr-icon-purple-64x64.png)
@ 3e6e0735:9e95c8a2
2024-08-28 23:16:41
Imagine a colorful world filled with vibrant villages, each bustling with activity. Each village has its own unique roads and parks where people gather to share their stories, pictures, and ideas.
**Village A** is like a big, crowded gathering spot, similar to Facebook, where everyone loves to post their adventures. But there’s a dark cloud hanging over it. The village leaders, while wanting to keep things friendly, are constantly pressured by the government to monitor what people share. If someone posts something that the government doesn’t like, the leaders might say,
> “Hold on! You can’t share that!”
It feels more like a prison than a park, where the rules can change at any moment, and everyone is afraid to speak freely.
**Village B** is a chaotic place where folks send quick messages back and forth, just like Twitter. Here, too, the leaders face immense pressure from the government to control conversations. If you say something that doesn’t fit the official narrative, they might silence you or even banish you from the village. Plus, when you share your thoughts, you don’t really own them. The leaders can sell your data and connections to the highest bidder, leaving you feeling like just another product.
Then there’s **Village C**, a trendy spot for sharing beautiful photos, like Instagram. But beware! The leaders here are also under the thumb of the government, which has its own set of oppressive rules. If someone posts something that challenges the status quo, it might just vanish without a trace. And just like in the other villages, your data and followers aren’t really yours—they can be sold off without your consent.
But wait! **Enter NOSTR**, the magical map that connects all the villages without any leaders telling you what you can or can’t share. It’s like building roads that anyone can use, with no gates or guards in sight.
With NOSTR, if Village A wants to share a story with Village C, they can do it directly, or through Village B, without anyone stopping them. It’s permissionless, meaning you don’t need to ask for permission to share your thoughts or ideas. Plus, all content lives everywhere at once, thanks to special relays, so you can find it no matter where you are!
Here’s the best part: with NOSTR, you own your own data, connections, and followers! It’s like having a special key that only you control. No one can sell your information or take away your followers because you’re the one in charge.
And let’s not forget about the exciting micropayments called “zaps” using Bitcoin! Imagine if you could send a little thank-you to someone for a great story or a beautiful photo, right there in the moment. It’s like tossing a coin into a fountain to show your appreciation, but digital and instant!
And here’s a side note: with the rise of AI, people can create even more amazing things, like art or stories, and share them freely through NOSTR. There’s no one to censor or control what you create, so everyone can express themselves fully.
As more and more people flock to NOSTR, the other villages start to lose their users. They realize they need to adapt or risk fading away. Some leaders begin to think about integrating NOSTR into their own platforms, but there’s a catch: they have to rethink their entire profit model first. This leads to a battle of ideas, as they struggle to find a way to keep their users while also embracing the freedom that NOSTR offers.
In the end, while the centralized parks are dark and oppressive, ruled by leaders who are pressured by the government to control every word and image, NOSTR allows all the villages to connect freely. It’s a place where everyone can share their voices without fear, a world of endless possibilities where creativity thrives, and you truly own your data and connections!
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![](/static/nostr-icon-purple-64x64.png)
@ 472f440f:5669301e
2024-08-28 22:34:51
nostr:note1x82zkl9knpkgk07wlhycex6una0zjscgcafzaq2pfjfq6h3tz8jqr0em9m
A lot of the problems the US is suffering from today stem from the fact that we've been managed by a political class that is economically illiterate for decades.
"Debt is only money we owe ourselves."
"We need to pass this $2 Trillion spending bill to drive down prices."
"We need to phase out reliable energy generation in favor of unreliable renewables."
"Nuclear energy is bad so we can't build anymore reactors."
"We need to bail out the banks that introduced systemic risks into our economy or the world will devolve into chaos."
"We need to lock down the economy and print trillions of dollars to pay people for staying home from work while we flatten the curve."
"A prolonged zero interest rate environment will stoke economic growth with no long-term effects."
"We need to ship all of our manufacturing over seas so that we can flood the world with dollars, make the USD the reserve currency of the world, and lower prices at home. Good middle class jobs be damned."
The list goes on and on.
The ramifications of these compounding economically illiterate policies has left the country, and the world at large, in an extremely vulnerable position. We are sitting on more than $35 TRILLION of debt on the national balance sheet with another $220 TRILLION in off balance sheet liabilities in the form of Social Security, Medicare, Medicade and other handouts the government has promised to make in the future. And, worse yet, many policies, particularly spending bills that pack in new regulations, have indirectly eroded individual freedoms.
The annual military budget increases the war machine and the military industrial complex, which then use the money they've been allocated to lobby for laws like the Patriot Act. Completely obliterating the fourth amendment in an effort to "protect the country from terrorism". I sit here and shudder at the thought of how much money has been wasted on programs like the TSA and the additional lost economic productivity that comes with people idiotically taking off their shoes and standing in a radioactive tube with their hands up while some mouth breather who couldn't guard a Pixie cup from a three year old yells at you. Let alone the potential economic activity and partnerships that are blown up with the bombs we drop using money we don't have.
The mad dash to "nEt ZeRo EmIsSiOnS" also brings along with it inflationary pressures that result in increased economic stress for the Common Man while restricting his freedoms. Nothing makes this clearer than the Orwellian "Inflation Reduction Act" that forced net zero energy transitions policies through a bill. The policies limit the options individual Americans and corporations have when it comes to utilizing the energy sources they deem most economically viable at any given point in time. An over subsidization of wind and solar and a demonization of oil, natural gas, coal and nuclear has introduced economic imbalances that are leading to a capital misallocation of epic proportions. This has, in turn, led to less reliable energy systems and overall higher energy costs.
And now the incumbent administration, now headed by Kamala Harris, is pushing for an unrealized capital gains tax that is sure to scare tens of billions of dollars worth of capital outside of the borders of the US. We touched on it when it was originally being floated last week. However, at the time it seemed like the campaign was floating a litmus test to gauge how it would be received if it became an official policy. Today it became clear that this will be an official policy if Harris gets into office and garners the necessary votes to push it through.
What's worse is the fact that one of her lead economic advisors, Bharat Rama, joined CNBC this morning to not only confirm that this is the official policy stance of the Harris campaign, but to say that people should be okay with this because they already pay an "unrealized gain tax" in the form of property taxes. Not only is it not true that property taxes are technically not unrealized gain taxes, but it's also horrible framing. Property taxes are one of the most reviled taxes that people have to pay after income taxes. No one likes paying property taxes. Especially when they look at the laughable public schooling system that they fund.
Doubling down on failed policy seems to be the modus operandi of Kamala Harris and the Marxists on her team. An unrealized gains tax is nothing more than asset confiscation by a corrupt government that has completely lost control of its finances. It will destroy the wealth of the nation.
"But it will only affect people who have more than $100M. Stop talking about this, it won't affect you at all! You poor rich wannabe."
People who have attained hundreds of millions of dollars have done so because they are smart. (Most of them at least.) And they worked extremely hard to build businesses to acquire their wealth. If you think they are stupid enough to stand by and let the government swoop in and confiscate that wealth, I have a bitcoin privacy fork to sell you. They will move their money out of the country on November 6th and the Harris administration will be forced to begin lowering the threshold of who has to pay unrealized gains taxes.
$50m
$25m
$10m
$1m
$100k
They will not stop doubling down on their incompetence. These people should be laughed out of polite society and marooned on an island for floating policy as potentially dangerous to the US economy as this unrealized tax is.
This is why we bitcoin. Bitcoin gives people the ability to store their wealth in an asset that is extremely hard to confiscate if secured properly. Bitcoin gives you leverage from which to fight back against this type of overt Marxism.
---
Final thought...
It is abnormally humid on my village by the sea for a late August day.
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![](/static/nostr-icon-purple-64x64.png)
@ a30cdfee:2d2f97ff
2024-08-28 21:59:20
# Understanding UTXO Consolidation for Bitcoin Users
Bitcoin blockchain fees are currently low, so it's time to get familiar with UTXO consolidation!
What is UTXO consolidation and why should you care?
## Many Small UTXOs Can Incur High Transaction Fees in the Future
If you've been dollar-cost averaging small chunks of bitcoin to a self-custody wallet, you might have a lot of small-value UTXOs (Unspent Transaction Outputs) in your wallet.
When transaction fees will rise again, spending these UTXOs can incur hundreds or even thousands of dollars in transaction fees!
When you transact in Bitcoin, fees paid to miners are determined by the network demand, and how much data the transaction requires to be sent.
The Bitcoin network is designed to handle only a limited amount of data every 10 minutes on average in order to keep the data on the blockchain small enough for average users to run nodes and audit the blockchain.
The trade-off is high transaction fees during high network demand.
You can always set a lower fee for your transaction, but then you will often have to wait longer for your transaction to be included on the blockchain.
The total fee for a transaction is calculated by multiplying the transaction size with the fluctuating fee rate.
The fee rate is measured in satoshis per virtual byte (sat/vByte).
A good website to familiarize yourself with the current Bitcoin fees is [Mempool.space](https://mempool.space/).
You can learn more about it in this post: https://stacker.news/items/657963
The transaction size increases the more UTXOs it has.
The monetary value of BTC being spent doesn't have an effect on the transaction fee.
You can send $50 or $1 billion worth of BTC with the same transaction fee.
## What Is an UTXO?
Your bitcoin balance consists of UTXOs.
When you receive BTC, you receive a single UTXO.
The more often you receive, the more UTXOs you will accumulate.
When you're sending BTC, your wallet software picks UTXOs from your wallet and sends them to the receiver.
Your wallet might have to pick many different UTXOs.
If the BTC amount of your UTXOs exceeds the amount you're sending, you will receive a new UTXO as "change".
Conceptually, UTXOs are very similar to physical cash.
You can think of UTXOs in your Bitcoin wallet as different denominations of a currency, e.g. $10 bill, $20 bill etc.
Except that Bitcoin doesn't have specific denominations: a Bitcoin UTXO can be of any amount!
![](https://m.stacker.news/48628)
The balance of your Bitcoin wallet is the sum value of all your UTXOs in that wallet.
UTXO is like a bill in your Bitcoin wallet that hasn't been spent yet.
When your wallet has to pick many UTXOs to make a transaction, the network fees you pay will be higher.
You can think of it as sending someone $1000 in coins vs. sending $1000 in hundred dollar bills.
Coins will weigh more and their postage costs will be higher.
Bitcoin wallets automatically select the lowest number of UTXOs to minimize transaction fees, and some have coin control features that let you select UTXOs manually.
A recommended wallet for desktop is [Sparrow Wallet](https://sparrowwallet.com/).
Sparrow also works with the most popular hardware wallets.
You can learn more about Sparrow [in this Twitter thread](https://x.com/teemupleb/status/1708190356565872642) I wrote in September 2023.
## How to Consolidate UTXOs?
You're just selecting UTXOs of small monetary value and sending them to yourself when fees are low, and you will receive one UTXO with a larger monetary value.
Here it can be demonstrated with some testnet coins on Sparrow Wallet.
The process is exactly same with real BTC.
In the "UTXOs" tab, you select the UTXOs you want to consolidate, and proceed to "Send Selected".
![](https://m.stacker.news/48629)
On the "Pay to" field there's a dropdown that automatically chooses a new Bitcoin address in the same Sparrow Wallet that you own (it's labelled as a "consolidation" address).
Alternatively, you can copy/paste any address there.
![](https://m.stacker.news/48630)
If you want to verify that you really own the address, you can go to the "Addresses" tab, find the address in question and sign a message with it.
If you're e.g. using a hardware wallet like Coldcard or Trezor, the signing device's firmware will at this point verify that it manages the address.
![](https://m.stacker.news/48631)
It's important to label your UTXOs, so you will know in the future what UTXOs to spend and in what situations.
Labels are only for your own reference.
Do it.. your future self will thank you!
![](https://m.stacker.news/48633)
You can see the flow of UTXOs on Sparrow.
Two small UTXOs turn into one (minus the miner fee).
It's a bit like exchanging small coins to larger bills!
![](https://m.stacker.news/48634)
When you go back to the "UTXOs" tab, you can see that you now only have one larger UTXO, but the same amount of BTC (minus the miner fee).
![](https://m.stacker.news/48635)
[Mempool.space](https://mempool.space/) gives you nice visualizations for UTXO consolidation.
In this transaction, 4 UTXOs were consolidated into one (minus the miner fee).
Since Bitcoin is digital gold, UTXO consolidation is like melting small gold coins into one gold bar!
![](https://m.stacker.news/48636)
## UTXO Consolidation Reduces Privacy
A major trade-off with consolidating UTXOs relates to privacy.
People who sent you the small UTXOs you want to consolidate can follow the movement of those UTXOs and link them to your now larger UTXO balance.
It's not an absolute proof that you own those UTXOs (you could be sending them to someone else!), but it might be a strong indication.
It's always the best practice to assume that whoever sent you those original UTXOs is watching and knows that you own all that bitcoin.
Also, there are privacy concerns if you spend after consolidating.
If you spend from a large UTXO (let's say 1 BTC), and buy something worth $50 (0.0008 BTC) with it, the receiver can see that you will get a change and are the owner of an UTXO of 0.9992 BTC.
## "Dust" UTXOs
When you have smaller UTXOs, they might become economically infeasible to spend in a high fee environment (fee higher than the monetary value of the UTXO).
It's hard to know exactly what the future fee market will look like, but it can be assumed that the Bitcoin blockspace will be in high demand and the fees will rise.
Here's a good [article](https://unchained.com/blog/small-utxo-bitcoin-dust/) by Unchained about unspendable "dust" UTXOs.
Jameson Lopp has created a useful tool called ["Economically Unspendable Bitcoin UTXO Calculator"](https://jlopp.github.io/unspendable-utxo-calculator/?ref=blog.lopp.net) that can be used to project transaction fees in different fee environments with different address types.
## To Consolidate or Not?
It depends on your personal preferences and how you're intending to spend your bitcoin in the future.
It's good to strive for a balance, taking into consideration the future fee market and the privacy concerns, and still remember that it's better to have spendable UTXOs that have lost some privacy than unspendable private UTXOs.
Never consolidate KYC coins with non-KYC coins!
The consensus among Bitcoiners is to avoid dust UTXOs as much as possible, and try to keep your UTXOs at 1 million sats minimum (0.01 BTC and around $600 in August 2024's prices).
It's been estimated that this threshold would secure your UTXOs being spendable even in a prolonged high-fee environment.
If you're ever in an emergency and need to spend your bitcoin, it's good to know that you will not spend most of your coins on fees!
Some recommend striving for even larger UTXOs, like 10 million sats (0.1 BTC) in case Bitcoin becomes a world reserve currency or hits mass adoption.
UTXO consolidation is extremely important for Bitcoiners with many small value UTXOs (e.g. Bitcoiners in Global South that have been saving $10 per week in BTC on-chain to self-custody wallets).
If fees go high, a Bitcoin UTXO worth $10 might become unspendable.
If you're mostly a hodler and you've been buying BTC in large purchases at a time, you generally don't have to worry too much about UTXO consolidation.
## Send Small UTXOs to the Lighting Network for Spending!
Instead of consolidating UTXOs to an on-chain address, you can also open Lightning Network channels with them or send them to a Lightning wallet for easier spending.
Lightning Network also adds a layer of privacy to the UTXOs.
If you're buying bitcoin through an exchange, it might make sense to accumulate a large enough UTXO before you move the funds to self-custody.
Or you can use e.g. [Liquid Network](https://liquid.net/) @liquid as an intermediary layer for storing coins in self-custody.
As a federated sidechain, Liquid has its own trade-offs.
You can learn more about Liquid in this [Twitter thread](https://x.com/teemupleb/status/1761068870083981436) I wrote in February 2024.
UTXO consolidation reduces the number of UTXOs in the network, which makes it easier to run a full Bitcoin node.
So consolidation has benefits to the network as well!
It can also streamline your own wallet experience.
Signing data-heavy transactions can be a burden to older hardware wallets that might even crash in the process!
What's your strategy for UTXO consolidation?
What's the ideal size of an UTXO in your opinion?
## Additional Resources
https://www.youtube.com/watch?v=Mqe0QCxjKpI @BTCsessions
https://www.youtube.com/watch?v=krrUQGMKhPo
[What is ‘UTXO consolidation’ and how can it help me reduce transaction fees?](https://bitbox.swiss/blog/what-is-utxo-consolidation/)
[How to Manage Bitcoin UTXOs and Save on Transaction Fees](https://www.tftc.io/bitcoin-utxo-management/)
originally posted at https://stacker.news/items/664880
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![](/static/nostr-icon-purple-64x64.png)
@ 35f3a26c:92ddf231
2024-08-28 20:30:59
The italian press ilPost stated that Pavel Durov is out, a bale of 5 million Euros, can't leave the country and has to go to a police station twice a week...
The known 12 charges leaked apparently are correct.
Link in Italian:
https://www.ilpost.it/2024/08/28/pavel-durov-liberta-vigilata-francia/
#telegram
#pavel
originally posted at https://stacker.news/items/664822
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![](/static/nostr-icon-purple-64x64.png)
@ b83a28b7:35919450
2024-08-28 15:03:25
Join nostr:npub1tvqc82mv8cezhax5r34n4muc2c4pgjz8kaye2smj032nngg52clq0rkrq4 and me for episode 76 of nostr:npub14kw5ygpl6fyqagh9cnrytyaqyacg46lzkq42vz7hk8txdk49kzxs04j7y0 this Friday, August 30th at 3pm ET (UTC -4)
Our guest this week is nostr:npub1xv8mzscll8vvy5rsdw7dcqtd2j268a6yupr6gzqh86f2ulhy9kkqmclk3x from nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm who joins us to provide the lowdown on the recently launched Alby Hub
You don't want to miss this one!
Set your blockclocks!
https://nostrnests.com/
[This is our first show announcement made from a long-form client, in keeping with QW and my #otherstuffchallenge]
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![](/static/nostr-icon-purple-64x64.png)
@ 9ca0bd74:4052340b
2024-08-28 10:59:44
I don't think clients should assume everyone or most people are joining from bitcointwitter, although that does seem to be the case, it further cements the silo.
I think they do this perhaps unintentionally, perhaps slightly intentionally to retain those users. You see this assumption in user recommendations at onboarding and sidebars of highlighted notes. It screams "hello, bitcointwitter expat, look we have that Natalie Brunel here, and Carla, look Jimmy Song is here... everyone you love is here!" Which imo is totally alienating to anyone outside of this very specific bubble (and even some inside that bubble who are on bitcointwitter but have follows outside of that bubble too).
https://image.nostr.build/5d3af6ea8dc9473a1180c597f69aa90ae5409ca495c69d7e8bad13e6bc100213.jpg
You also see this in responses to the problem people raise of not finding content. The tired response of 'just follow more people' you see in #introductions too. This might be fine if you're coming from bitcointwitter (maybe you want to see a dozen more posts per second of people saying 'stack sats and stay humble' and an ai image of a robot holding a bitcoin, I don't know). But this doesn't help someone looking for other topics. Twitter is bigger than bitcointwitter. People interested in topiary can find that content on twitter, or Herefordshire folklore, an expert in eel migration, or a cultural commentator, or their favourite ayahuasca enema philosopher etc etc. They can find that on wider twitter. No amount of following numbers will help that on nostr. It's not here.... yet. Perhaps recommendations of topic hashtags to follow at the onboarding stage, or RSS feed accounts... or just acknowledging it's not here. I think it's fine to acknowledge this to somehow retain at least a semblance of this not just being a bitcoin telegram group for bitcointourettes.
https://image.nostr.build/53edfb0524086d3a8f5bf8dffe60de177f7436b6eb18c0fed97cffd7e025d228.jpg
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@ d830ee7b:4e61cd62
2024-08-28 05:25:26
สำหรับชาว Bitcoin ที่ติดตาม RS มาตลอด คงเข้าใจดีว่า Bitcoin คือที่สุดของสกุลเงินดิจิทัล
ใช่แล้วครับ.. Bitcoin ได้รับสมยานามว่าเป็นทองคำดิจิทัล มีค่ามาก ปลอดภัยสูงสุด แต่การทำธุรกรรมบนเลเยอร์ 1 นั้นก็ยังคงยากเย็นแสนเข็ญ
แล้ว Lightning Network ล่ะ?
มันก็เหมือน "ระบบการโอนเงินอย่างรวดเร็ว" (บนเลเยอร์ 2) ที่ทำให้การแลกเปลี่ยน Bitcoin รวดเร็ว ปลอดภัย และค่าธรรมเนียมถูกลง แต่มันก็ยังจำกัดอยู่แค่การแลกเปลี่ยน Bitcoin เท่านั้น
Lnfi (เดิมชื่อ NostrAssets) เคลมว่าแพลตฟอร์มของพวกเขาเปรียบเสมือน "ศูนย์การค้า" ที่อาจจะเปลี่ยนโฉมหน้าของ Bitcoin และ Lightning Network ไปตลอดกาล
โดยมีเป้าหมายที่จะช่วยให้ Bitcoin ไม่ใช่แค่สกุลเงินดิจิทัล แต่ยังเป็นแพลตฟอร์มสำหรับการสร้างแอปพลิเคชันและบริการทางการเงินแบบกระจายอำนาจอีกด้วย
// ข้อมูลนี้เป็นการสรุปจากเอกสารของ Lnfi ผู้ที่สนใจสามารถศึกษาเพิ่มเติมได้ที่เว็บไซต์ของ
https://image.nostr.build/9b746f8cc8db44a0b5380c595e32a2dcfcffbecf97c0718dbed3b02ca01a3dbc.jpg
## **🤔 Lnfi คืออะไร?**
Lnfi นิยามตัวเองว่าเป็น Layer 2.5 ซึ่งเป็นเลเยอร์ที่อยู่ระหว่าง Layer 2 และ Layer 3 โดยทำหน้าที่เชื่อมต่อทั้งสองเลเยอร์เข้าด้วยกัน
พวกเขาระบุว่าเป้าหมายคือการนำ Web3 และโทเค็นมาสู่ Lightning Network และสร้างระบบนิเวศแบบกระจายอำนาจสำหรับแอปพลิเคชัน
## **🤔 แล้ว Lnfi ทำงานอย่างไร?**
Lnfi ใช้ Taproot Assets (เดิมชื่อ Taro) ซึ่งเป็นโปรโตคอลใหม่ ที่ช่วยให้สามารถออกสินทรัพย์ดิจิทัลบนบล็อกเชนของ Bitcoin ได้
สินทรัพย์เหล่านี้จะสามารถโอนผ่าน Lightning Network ได้อย่างราบรื่น Lnfi อ้างว่าสิ่งนี้จะทำให้การทำธุรกรรมรวดเร็ว ปริมาณมาก และมีค่าธรรมเนียมต่ำ
## **🤔 เจ้า Lnfi มันมีอะไรน่าสนใจบ้าง?**
Lnfi ระบุว่าแพลตฟอร์มของพวกเขาทำได้มากกว่าการแลกเปลี่ยน Bitcoin ไม่ได้จำกัดอยู่แค่การแลกเปลี่ยน Bitcoin กันเท่านั้น แต่ยังขยายไปสู่การออกโทเค็น, ระดมทุน, stake, lock, ให้ของขวัญ และซื้อขายสินทรัพย์ดิจิทัลบน Lightning Network ได้
ลองนึกถึงการมี Stablecoin วิ่งอยู่บน Lightning ดูครับ..
Lnfi เชื่อว่ามันจะช่วยลดภาระบล็อกเชนของ Bitcoin ช่วยให้การทำธุรกรรม Bitcoin บนเลเยอร์ 1 ราบรื่นขึ้น (เพราะไม่ได้วิ่งบนเลเยอร์ 1) ช่วยเพิ่มทราฟฟิกและการใช้งานบนเลเยอร์ชั้นถัดไป.. ทำให้เกิด Adoption ได้ง่ายขึ้น
นอกจากนี้ Lnfi ยังเคลมว่าแพลตฟอร์มของพวกเขาใช้งานง่ายด้วยภาษาธรรมชาติ โดยผู้ใช้สามารถใช้คำสั่งภาษาธรรมชาติ (ภาษาพูดธรรมดา) ผ่าน Nostr Protocol เพื่อโต้ตอบกับ Lnfi ได้อย่างง่ายดาย
ผู้ใช้สามารถส่งคำสั่งผ่านแอปพลิเคชัน Nostr เช่น Damus เพื่อสั่งให้ Lnfi ดำเนินการต่างๆ เช่น การโอนสินทรัพย์ เป็นต้น (สามารถศึกษาเพิ่มเติมได้ในเอกสารของ Lnfi)
Lnfi อ้างว่าธุรกรรมทั้งหมดบนแพลตฟอร์มไม่มีค่าธรรมเนียม อย่างไรก็ตามควรตรวจสอบข้อมูลนี้อีกครั้งจากเอกสารของ Lnfi
ในด้านความปลอดภัยและความโปร่งใส Lnfi ระบุว่าการดำเนินการทั้งหมดของผู้ใช้จะถูกเข้ารหัสและสามารถตรวจสอบได้บน NostrAssets Explorer
และ Lnfi ยังอ้างว่าแพลตฟอร์มของพวกเขามีประสิทธิภาพสูง เพราะสามารถรองรับธุรกรรมจำนวนมากต่อวินาที (TPS) ได้
https://image.nostr.build/7eeaf1a10b1afb6e8d6d1e546793ea253de671176754fb350cca3f790ed153e7.jpg
## **บริการต่างๆ บนแพลตฟอร์ม Lnfi**
**MicroNode** บริการที่ Lnfi เคลมว่าจะช่วยให้ผู้ใช้สามารถตั้งค่าและจัดการ Lightning Node บนคลาวด์ได้ โดยไม่ต้องมีความรู้ทางเทคนิค ผู้ใช้สามารถควบคุม Bitcoin ของตนเองได้อย่างเต็มที่ โดย MicroNode จะทำหน้าที่เป็น Lightning Node ให้กับผู้ใช้ โดย Lnfi จะดูแลเรื่องการติดตั้งและดูแลเซิร์ฟเวอร์ให้
**Lightning Starter** แพลตฟอร์มที่ Lnfi อ้างว่าจะช่วยให้โครงการต่างๆ สามารถระดมทุนและออกโทเค็นได้อย่างยุติธรรมและโปร่งใส
**LN Exchange** แพลตฟอร์มการแลกเปลี่ยนแบบกระจายอำนาจสำหรับการซื้อขาย Bitcoin และ Taproot Assets ที่ Lnfi เคลมว่าจะรวดเร็ว ปลอดภัย และค่าธรรมเนียมต่ำ
เวิร์คช็อป Lnfi ในเวที Advanced Stage ของงาน #TBC2024 (วันที่ 14 กันยายน 2567)
เวิร์คช็อป Lnfi จะเป็นโอกาสดี ที่เราจะได้เรียนรู้เพิ่มเติมเกี่ยวกับแพลตฟอร์มนี้จากผู้เชี่ยวชาญโดยตรง เตรียมตัวให้พร้อมกับคำถามที่น่าสนใจ แล้วมาพบกันในงานครับ..
https://image.nostr.build/ca3da44972ebbe48f39fe842834e1679202c17f180cf017fb705420a09154457.jpg
# **เนื้อหาเสริม..**
**เจาะลึกคำว่า Layer 2.5 และหลักการทำงานของ Lnfi**
ในโลกของบล็อกเชน คำว่า "เลเยอร์" (Layer) มักถูกใช้เพื่ออธิบายระดับต่างๆ ของโครงสร้างพื้นฐาน ซึ่ง Bitcoin เองก็มีเลเยอร์ต่างๆ อยู่เช่นกัน เพื่อเพิ่มประสิทธิภาพและความสามารถในการใช้งาน
เลเยอร์ 1 (Layer 1): คือบล็อกเชนหลักของ Bitcoin ที่บันทึกธุรกรรมทั้งหมด เป็นเหมือนฐานรากของระบบ เรียกว่า Base Layer หรือเลเยอร์ชั้นฐาน (บ้างก็เรียก Bitcoin Chain, Main Chain คือเชนหลักที่ Settle ธุรกรรมในทุกๆ ประมาณ 10 นาทีนั่นเอง)
เลเยอร์ 2 (Layer 2): ถูกสร้างขึ้นบนเลเยอร์ 1 เพื่อเพิ่มความเร็วและลดค่าธรรมเนียมในการทำธุรกรรม (Scaling) ตัวอย่างเช่น Lightning Network, โปรโตคอล ARK เป็นต้น
เลเยอร์ 3 (Layer 3): มักจะเกี่ยวข้องกับแอปพลิเคชันและบริการที่สร้างขึ้นบนเลเยอร์ 2 อีกที เช่น แอปพลิเคชันกระเป๋าเงินต่างๆ
แล้ว Layer 2.5 ล่ะ? มันอยู่ตรงไหน?
## **🤔 Layer 2.5 คืออะไร?**
Layer 2.5 เป็นเลเยอร์ที่อยู่ระหว่าง Layer 2 และ Layer 3 ทำหน้าที่เชื่อมต่อทั้งสองเลเยอร์เข้าด้วยกัน และเพิ่มขีดความสามารถให้กับทั้งสองเลเยอร์
Lnfi ก็คือ Layer 2.5 นั่นเองครับ (Lnfi นิยามตัวเองว่าเป็น Layer 2.5)
โดย Lnfi ทำหน้าที่เชื่อมต่อ Lightning Network (Layer 2) และ Nostr Protocol (ซึ่งอาจจัดได้ว่าเป็น Layer 3) เข้าด้วยกัน เพื่อให้สามารถออกโทเค็นและสร้างแอปพลิเคชันแบบกระจายอำนาจได้
## **📌 หลักการทำงานของ Lnfi**
Lnfi ทำหน้าที่เป็นสะพานเชื่อมระหว่าง Bitcoin, Lightning Network และ Nostr Protocol โดยใช้ประโยชน์จากจุดแข็งของแต่ละเลเยอร์ เพื่อสร้างแพลตฟอร์มทางการเงินแบบกระจายอำนาจที่มีประสิทธิภาพสูง
- **"Bitcoin"** เป็นรากฐานของระบบนิเวศ Lnfi โดย Lnfi จะใช้ Bitcoin เป็นสินทรัพย์หลักและเป็นเลเยอร์สำหรับการบันทึกข้อมูลขั้นสุดท้าย (final settlement)
- **"Lightning Network"** Lnfi จะใช้ Lightning Network เพื่อเพิ่มความเร็วและลดค่าธรรมเนียมในการทำธุรกรรม ทำให้การโอน Bitcoin และ Taproot Assets รวดเร็วและมีประสิทธิภาพมากยิ่งขึ้น
- **"Taproot Assets"** (TARO เดิม) เป็นโปรโตคอลที่ช่วยให้สามารถออกสินทรัพย์ดิจิทัลบนบล็อกเชนของ Bitcoin ได้ (Tokenization) โดย Lnfi ใช้ Taproot Assets เพื่อสร้างโทเค็นและสินทรัพย์ดิจิทัลอื่นๆ ขึ้นมา (Mint)
- **"Nostr Protocol"** เป็นโปรโตคอลแบบกระจายอำนาจสำหรับการส่งข้อความและข้อมูล Lnfi อ้างว่าผู้ใช้สามารถใช้คำสั่งภาษาธรรมชาติผ่าน Nostr Protocol เพื่อโต้ตอบกับแพลตฟอร์มได้ และสร้างแอปพลิเคชันแบบกระจายอำนาจขึ้นมา
## **📌 Lnfi ทำงานผ่าน LN Assets Daemon (LAD)**
LAD เป็นกระบวนการเบื้องหลังที่ทำหน้าที่เป็นตัวกลางระหว่าง Taproot Assets, Lightning Network และ Nostr Protocol
LAD จะช่วยให้ผู้ใช้สามารถ..
- ฝากและถอน Bitcoin และ Taproot Assets
- โอนสินทรัพย์ระหว่างบัญชี Nostr
- ซื้อขาย Bitcoin และ Taproot Assets บน LN Exchange
- จัดการ Lightning Node ผ่าน MicroNode
## **หมายเหตุ**
บทความนี้จัดทำขึ้นเพื่อเป็นการสรุปข้อมูลที่เผยแพร่โดย Lnfi เท่านั้น โดยมีเจตนาเพื่อนำเสนอข้อมูลเบื้องต้น และเปิดโอกาสให้ผู้อ่านได้ศึกษาเพิ่มเติมเกี่ยวกับโปรเจคนี้ ผู้เขียนไม่ได้มีส่วนเกี่ยวข้องกับ Lnfi และไม่ได้มีเจตนาชี้ชวนให้เชื่อหรือสนับสนุนโปรเจคนี้แต่อย่างใด
ข้อมูลและข้อความในบทความนี้อาจไม่สมบูรณ์หรือล้าสมัยในอนาคตหลังจากนี้ ผู้อ่านควรศึกษาข้อมูลเพิ่มเติมจากแหล่งข้อมูลอื่นๆ และทำการตรวจสอบข้อเท็จจริงด้วยตนเองก่อนตัดสินใจลงทุนหรือดำเนินการใดๆ ที่เกี่ยวข้องกับ Lnfi
การลงทุนในสินทรัพย์ดิจิทัลมีความเสี่ยงสูง ผู้อ่านควรศึกษาและทำความเข้าใจความเสี่ยงต่างๆ ก่อนตัดสินใจลงทุน
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Your truly, Jakk Goodday 🥳
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@ 8cb60e21:5f2deaea
2024-08-28 01:53:35
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/oJSFoDgm51o" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
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@ 5b0183ab:a114563e
2024-08-27 22:42:32
While we watch the world slip further and further into geo political turmoil it's adundently clear that information will be a choke point and platforms will bend the knee, or suffer consequences. We recently witnessed the threat of TikTok take down, X being targeted by the EU for misinformation, and now the CEO of Telegram being arrested in France.
But I am not hear to talk about CEO's, massive corporate conglomerates, or government overreach.... I am here to talk about the everyday internet citizen making a livelihood on the internet. The bakery owner, the tech company, the real estate agent, the YouTube content creator, the podcast extraordinaire and on and on. Anyone making a living within the walled garden of a platform are reliant upon the choices that one company makes.
You see unlike platforms, Nostr is a censorship resistant, permissionless protocol in which you create your identity on. It's decentralized cohesion with no single point of failure. It sets your profile free of any barrier of departure. When you build your brand on one client (app) it works in the next. Your followers, your follows, your communication, your entire social graph is present and interoperable. For the first time, all the time you spent cultivating your livelihood is truly owned by you.
So let's zoom out and talk about what this revolutionary approach achieves. This shifts the power back to the individual. Clients are beholden to your needs, your desires. The free market of choice is achieved by demand for certain features, certain algorithms, certain actions. We are no longer beholden to the choices of few that can decimate our livelihoods. Clients become powerless to free market will. We are never sold out in the form of a privacy policy update, added fees or any other sly roundabout way of profiteering without consequences. When users wield the power, they dictate demand which in turn drives client innovation.
When we look back at the past few decades we see the variation of fads, the build ups of platforms and the ultimate demise of technological cycles. AOL, Myspace, Facebook, Snapchat, etc.... Would if your work you put into those platforms building your brand, your time.... was transferrable? As in, your brand lives on and you do not need to "start over?"
You see, this is exactly what Nostr provides. Nostr captures your time and builds value through time. This is revolutionary in a day and age where you are the product within the silos.
Over the past couple years we have seen an explosion of Nostr clients hit the ecosystem. Everything you can possibly want and desire as a creator or consumer is being built on Nostr, or can be. While it is very much early, it is growing at a steady pace and the time is now to own your piece of internet sovereignty.
In closing, I will leave you with this.... Based off history we can easily predict what platforms will do over time. What we cannot predict is what Nostr will do in time, and that's the most exciting part.
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@ 472f440f:5669301e
2024-08-27 22:36:32
I'm sure you are all well aware of the news out of France. The French government has made the bold move of arresting the founder of Telegram, Pavel Durov, after charging him with 12 criminal counts ranging from "complicity in web-mastering an online platform in order to enable an illegal transaction in organized group" to "importing a cryptology tool ensuring authentication or integrity monitoring without prior declaration".
Telegram is an extremely popular messaging app that is used by almost 1 billion people from around the world. I have personally been a user for seven years and it is very dismaying to see the French government attack an entrepreneur who has built a widely used and loved app. We've said it many times over the years in this rag, governments need to stop throwing the baby out with the bath water by attacking successful businesses for the crimes their users commit and begin doing better law enforcement. It makes no sense to demonize a technology for the crimes that are committed by a small minority of users of that tool. Is the French government going to go after the CEO of Bic, the largest producer of pens in the world, because there are pen pals out there who use their pens to write letters in which they coordinate criminal activity? If we apply the same logic behind the decision to arrest Pavel it would seem that the Bic CEO should be a bit worried.
Who knows what evidence the French government has against Pavel. Maybe he is directly involved in the coordination of crimes that were committed on his app. I highly doubt it, but who knows. We'll have to wait and see what evidence the French courts put forth once a trial gets under way. As of yesterday, we know that this seems like a classic case of "You refuse to cooperate with deep state actors who want access to your users' data, so we're going to accuse you of all of the crimes."
The fact of the matter is, we shouldn't have to worry about the actions of a founder dictating the accessibility of a novel technology that they bring to market. Especially technologies that enable people to connect in the digital world to exercise their God given right to free speech.
It's a bit poetic that this happened on Saturday night in Europe. Just one day after the Nostriga conference in Riga, Latvia wrapped up. Nostriga was a two-day event which attracted people from all over the world so that they could meet to discuss how to push the Nostr protocol forward. For those who are unaware of what Nostr is, it is an open source communications protocol with no leaders that enables individuals to publish their thoughts to the world is a distributed, censorship resistant fashion. User profiles are created via a private-public key pair. The public key makes it easy for others to follow and the private key enables a user to sign notes with certain data that get broadcasted to relays. App developers can then pull the user generated data from those relays and present the data in unique ways using front-end interfaces known as clients. Users can port their private keys (commonly known as nsecs) into any client they like and have all of the data they've published to the protocol automatically show up.
Said another way, since Nostr is a protocol and not a platform, users have way more optionality when it comes to the applications that present the data they publish. If one client decides to censor or simply has a bad UX, they can plop their magic string (private key) into another client and see everything they've ever posted while still being connected to everyone they added to their social graph historically. This is extremely powerful on many fronts.
Gone are the days of having to worry about building an audience on a platform, making that a critical part of your brand and livelihood, and having to self-censor because of the fear of being deplatformed. You own your private key and that gives you access to your data. Not the platform.
For app developers, the network effect of Nostr produces an incredible and truly unique bootstrapping mechanism. Instead of having to start from scratch and hope that users find your app, fill it with data, and begin spreading the word to more users you adopt the social graph of Nostr from day one. Every user of the protocol is already feeding your application data. If you can build an appealing product that provides users of the protocol with value, they will find it and immediately be able to leverage it. There will be no need for them to build up a reputation or find their social connections on the app. They will be ported into the client.
Nostr can be additive to seemingly unrelated applications that aren't built directly on Nostr. We've already seen this with bitcoin wallets that have enabled users to port their Nostr social graphs directly into their wallet. Making it easy for individuals to find their friend's Nostr account and send bitcoin directly to the lightning address they've associated with it. No need for an invoice. Just find your friend and send them money like you would on an app like Venmo.
The number of added benefits users and app developers get from Nostr beyond those I just explained are too long to list. Long story short, this protocol is a massive deal.
It is still very early for Nostr, but the progress that has been made in the last couple of years has been nothing short of awe inspiring. If you squint into the future, it isn't hard to see how Nostr becomes mainstream by the end of the decade. The compounding network effects are stronger than anything I've seen since bitcoin.
All of this is to say that this will be one of the only ways to build truly robust communications-based applications moving forward. As we've seen with TikTok and now Telegram, if the state doesn't like the owner of a particular platform they will either kick the platform out of their country or arrest the founder and do their best to corrupt the platform itself once he is in custody. This hasn't happened yet with Telegram, but you can bet your ass that the deep state will try to corrupt Telegram if they successfully remove him from the picture.
To be clear, this doesn't make the founders of particular Nostr clients immune to this type of overt overreach by governments. However, the design of Nostr is such that governments would have an exponentially harder time achieving their end goal, suppressing and controlling speech that's expressed on these platforms, because the protocol has hundreds of competing clients serving customers the data stored in relays. They could even attempt to go after the relays, but that task may prove to be impossible as well.
Make no mistake, we live in very trying times. The world's governments are losing control and they are doing the best they can to suppress freedom of speech in anyway they can to prevent people from spreading information that makes the Regime to look like the evil fools that they are. The best we can do is to build robust systems that make their attempts at suppressing speech as close to impossible as is possible. The efforts to build out robust systems like bitcoin and Nostr should be complemented with pushing back against the Regime via the courts. But as we all know, we can't always depend on the courts to actually deliver justice. There are times where freedom must be taken and defended. We are certainly living through one of those times right now.
Despite the insanity of the world and the governments who would like to rule it, the momentum of the light is building. People are taking action and solutions are being built slowly but surely. It is our job to keep the momentum up and make sure the lifeboats of bitcoin, Nostr and similar protocols are ready to go once the Deep State begins attacking others. They came for TikTok and Telegram. Don't think that platforms like X, Rumble and Gab aren't in their crosshairs as well.
Here are four videos from Nostriga that I think you all should watch.
https://youtu.be/XUsk7cqZyKU?si=2vUl01azeFJQjczZ
https://youtu.be/qUwXRDrfJU0?si=np3vyTDddoQKuPJK
https://youtu.be/OHqxp-Hrx9k?si=K7vhVBWtFQwB68Tr
https://youtu.be/iZyqVGHjDGo?si=CjJCbAlNBa06qcwV
And a panel I hosted about funding Nostr if you're interested in that.
https://youtu.be/qD-Y0fq5KiA?si=L81sFCPGw2ayXXzw
We're going to win.
---
Final thought...
Jet lag sucks.
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@ 56a6da9b:7f5a2243
2024-08-27 22:00:40
**DAY 24 OF FLASH AUGUST FICTION**. Wow, it’s pretty much the home stretch, now. Just 6 more days, including today. Today I was thinking about how nice it is to hear the frogs and crickets outside at night. I remember that as a kid, and then I remembered that once people started using newer chemicals on their lawns, the crickets disappeared. Then the frogs disappeared. It’s not supposed to be like that. Frogs and crickets at night are a part of life. The main characters of this story, however, are a frog and a lizard. Crickets play the bit parts… get it? I’m Commercial Herschel, and I’m here to help.
Let me thank my newest follower, another pal from [Troubled Minds Newsletter](https://open.substack.com/pub/troubledminds), Troubled Minds Radio is on Rumble and Twitch, Twitter and perhaps Kick.com. It’s Tuesday, Friday, and Sunday Nights. I do suggest you give it a listen. Really very much fun. Thanks for the follow, Sweets!
Podcast Audio:
[Website](https://shows.acast.com/herschel-sterling/episodes/the-lizard-the-frog-the-splashing-and-the-succulent-nights)
[Download](https://open.acast.com/public/streams/657b585ce56a640017584a9e/episodes/66cab1fd08e8ded3cb6dca87.mp3)
[RSS](https://feeds.acast.com/public/shows/657b585ce56a640017584a9e)
The Lizard and The Frog
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**The Splashing and the Succulent Nights**
*479 WORDS WRITTEN IN LESS THAN A HALF HOUR*
The caretaker has built a birdbath into the ground. It’s like a little in-ground swimming pool for the birds during the day and for the frogs at night. He was tired of fishing dead frogs out of the actual in-ground swimming pool. The frogs can get in there, but they can’t get out. They get tired, and then they drown.
The frogs mostly stay the heck out of there during the day because, well… the birds. At night, however, they certainly take advantage. Since installing the tiny pond, he has not once had to retrieve a lost frog. Apparently, the lizards like it too. There were less often lizards in the pool, but it happened once in a while. They need a place to cool off and refresh their skin, too.
It is quite a nice little feature. It’s surrounded by lawn, and he can easily push the lawnmower over it without incident. It’s a regular thing, though, to rinse it out with the hose and refill it. It gets pretty gunky in there after a couple of days.
![](https://m.stacker.news/48500)
“How’s about you let me have a turn in the pond?” Lizard asks Frog.
“It’s not like I can stop you from coming in.” Responds Frog.
“C’mon, I’ll give you three crickets if you just let me have it for a while.” Lizard said.
Frog replies, “There’s plenty of room for both of us. What’s the problem? Come on in, the water’s fine!”
“It’s not a good look.” Lizard explains. “The other lizards, you know…”
“Are you kidding me?” Frog says. “Are you all so fragile that you can’t get in a pool with a frog?”
“OK, four crickets,” Lizard says. “I’ll give you four crickets.”
“F-sake!” says Frog. “Fine, we can take turns getting in and out of the pool.”
And they do. The two of them take turns swimming and splashing in the tiny pool or birdbath pond. It’s a lot of fun. They laugh and compete for the hearty, crunchy mosquitoes that inhabit the area, and they remark about how cool the caretaker is for putting in their lifesaving refreshment spot.
“The birds don’t like him.” Frog tells Lizard.
“I know,” Lizard says. “Since he bird-proofed everything, there are fewer of them. They fly around here all mad and dejected.”
“That’s OK with me.” Frog says.
“Me as well.” Lizard agrees.
“So.” Says Frog. “How about those crickets?”
“Oh yeah,” says Lizard. “You want them now?”
“I’m not getting any less tasty-looking to the birds.” Frog explains. "Time is of the essence."
Lizard jumps off the lip of the tiny pond and runs off to catch crickets. He brings them over to Frog, one at a time, but it doesn’t take long. They are all over the place.
“You should let me in on that.” Lizard says.
Frog replies, “What’s a succulent meal without a friend?”
The End.
Thank you to all the independent, non-corporate media people out there. I hope I can give you some light entertainment once in a while. Thank you so much for listening, or reading. This is the ***Smell the Inside of Your Nose. Do it Right Now*** podcast. I hope you might get a free or paid subscription, or [buy me a coffee](https://buymeacoffee.com/smellcast), or [donate some bitcoin](https://commercialherschel.substack.com/p/donate-with-blockchain-currency). I wish you the best. I’m Herschel Sterling, and I’m here to help.
originally posted at https://stacker.news/items/663933
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@ 56a6da9b:7f5a2243
2024-08-27 21:49:40
**DAY 25 OF FLASH AUGUST FICTION**. Want to get a better handle on what I am doing this month? Here is a [description and some ideas about Flash Fiction](https://commercialherschel.substack.com/p/a-flash-fiction-formula). Here is [Flash Fiction February](https://commercialherschel.substack.com/p/flash-fiction-february). Today I contemplated about baseball, and jogged my memory quite a bit about hitting. I could get my bat on some real cheese. I got looks and everything in the system. There are some things relating to those reflexes and the subconscious mind. Sometimes our conscious minds have to catch up to our physical reflexes. I feel like reflexes and our subconscious minds have some interesting commonalities. What I think I’m going to do is have good ‘ol [Antler Pestle](https://commercialherschel.substack.com/p/chronicle-of-the-last-gas-station-food-politics) have a conversation with an old baseball buddy.
Podcast Audio:
[Website](https://shows.acast.com/herschel-sterling/episodes/reflex-writing-some-hits-are-different-than-others)
[Download](https://open.acast.com/public/streams/657b585ce56a640017584a9e/episodes/66cbdea288a7c2012038e63d.mp3)
[RSS](https://feeds.acast.com/public/shows/657b585ce56a640017584a9e)
Reflex Writing
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**Some Hits Are Different Than Others**
*826 WORDS WRITTEN IN ABOUT 45 MINUTES.*
Antler was re-organizing the truck box. All the tools were out of place after a run to the old end of town, where the A-Frame, wooden houses are. He hears the phone bell coming from the firehouse office. Landlines are still important in firehouses.
“Hey Antler, what’re ya doin’?” Says a vaguely familiar voice on the other end of the line.
“Who is this?” Antler says. “Sorry, I don’t recognize the voice.”
Antler always screens these call because he gets a lot of junk calls to this line from cold-callers feigning that they know him.
“It’s Jesse, buddy, I’m about 5 minutes away.” I’m at the overpass down the road. I figured I’d call to see if you’re around.”
“Jesse Will?” Antler inquires enthusiastically.
“Yeah, dude, what’s going on?” You busy?”
“Get yer butt here!” Antler exclaims. “I hope you have time because I got a brisket smokin’.”
![](https://m.stacker.news/48499)
“Shoot, I’ll make time brother, see you in a few.”
Antler rushes to the kitchen and puts on a pot of coffee. He wipes the table down, and gets out the good mugs. He heads back to the truck to close up the big door and postpones the rest of his chores. Then he waits out front for his old baseball buddy, Jesse Will.
Jesse pulls in with his rental car, and the two embrace, exchanging greetings.
“Man, I don’t know how you do it, Antler. You look 20 years younger than me, and you’re five years older.” Jesse tells him.
“Estrogen suppression.” Antler says. “It’s all over the place, in everything, you gotta keep it clear, or it’ll take over, and you’ll get tits. Let’s get to the kitchen.”
In the kitchen, Antler pour him a coffee and they sit.
“I’m just taking a drive, man, that’s all I’m doing. I just want to get out and drive around. Sometimes I just like the road these days.” Jesse explains. “I’ve been all over. I Saw Randy, and Buckster, and I visited the Skips widow.”
“What’re they doing?” Antler asks.
“Pretty much the same as us. Trying not to get fat, staying busy. Buck’s doing some play-by-play for that local International League team by him. He’s having a riot. Randy and Martha opened up that antique store. It’s already driving him nuts. Skips wife has her sister living with her. That’s really good. I’m glad she’s not alone.”
“Life goes on.” Antler says. “It really does.”
Jesse replies. “This place looks great, you’re keeping it up well.”
“Not much else to do.” Antler says. I putz around here till there’s an emergency, otherwise I just hang out with Diane, and do my writing.”
“How’s that girl doing?” Jesse asks.
“She’s good, she’s down at the store working as usual. Busiest person in town, easily.” Antler answers. “She hides out here. People no better than to bother her here. She’s fixin’ to move it pretty soon.”
“That is good, brother, I’m glad.” Jesse says. “What’re you writing these days?”
Antler responds. “I’m just trying to figure out what I’m trying to tell myself.”
Jesse laughs. “You lefties are a hoot. What does that even mean, AP?”
“It’s kinda similar to hitting, really.” Antler says.
“How is writing like hitting? What?” Jesse inquires.
“You know, when you react to the cheese? You know that your body must see it, because you hit it, right?” There’s no way to hit it without seeing it. It’s the reflexes in gear. Just like we learn early. ‘It takes ten years to learn how to swing, and ten pitches to find out if you’re a hitter’?”
“That’s the truth we know, we are freaks like that. We knew guys with perfect swings, and they could rock the off-speed stuff, then when some heat came by they were two seconds behind the pitch. We said so long to a lot of dudes. That’s the thing, those reflexes.” Jesse said.
Antler continues. “Then when you get one of those in play, you get to the base, and your brain shows you what you just did at the plate… the delay?”
“Yeah” Jesse says. “Of course, our brains can’t process the reaction as fast as our bodies can react. It’s kind of like we see it as a memory, but for the first time.”
“Writing can be like that.” Antler says. “Sometimes I’ll write some quick little story, and I won’t have any idea what the heck it means when I write it.” I’ll put it in my folder, then go back and look at it a month later, and it makes perfect sense. “It’s like my subconscious mind is trying to tell my conscious mind something it knows, but my conscious mind is not taking it up yet.”
“You lefties are a hoot.” Jesse says.
“Let’s go out back and get that brisket out of the smoker and let it rest.” Antler says. “And I got some scotch to go with that.”
Jesse chirps. “Bring the hard stuff, let’s go!”
The End.
It’s one of those things where if you know, you know, and if you don’t, you don’t. 4% of the human population have the reflexes to be able to do that. That’s why “It takes ten years to learn how to swing, and ten pitches to find out if you’re a hitter.” It’s weird like that.
Thank you to all the independent, non-corporate media people out there. I hope I can give you some light entertainment once in a while. Thank you so much for listening, or reading. This is the ***Smell the Inside of Your Nose. Do it Right Now*** podcast. I hope you might get a free or paid subscription, or [buy me a coffee](https://buymeacoffee.com/smellcast), or [donate some bitcoin](https://commercialherschel.substack.com/p/donate-with-blockchain-currency). I wish you the best. I’m Herschel Sterling, and I’m here to help.
originally posted at https://stacker.news/items/663922
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![](/static/nostr-icon-purple-64x64.png)
@ 56a6da9b:7f5a2243
2024-08-27 21:37:46
***DAY 26 OF FLASH AUGUST FICTION***. I was thinking of doing a thing where I finish today’s story very close to midnight and then doing tomorrow’s story directly after midnight. I may do that before this is over. After today, it’s only four left, so I’d better pull the trigger if it’s going to happen.
**I’m going to write something about a swimming pool today. I think UAP/UFO’s and swimming pools.**
I also want to thank everyone because the consumption of ***Smell the Inside of Your Nose. Do it Right Now*** has a little more than doubled since August First. Twice as much of anything nice is awesome, so THANK YOU. It’s delightful to have reader/ listeners. Remember that if you are an independent, non-corporate media truth teller journalist, just DM me, and I’ll give you a free “paid” subscription. You’re welcome. I’m Herschel Sterling, and I’m here to help.
Podcast Audio:
[Web page](https://shows.acast.com/herschel-sterling/episodes/refractions-weird-angles)
[Download](https://open.acast.com/public/streams/657b585ce56a640017584a9e/episodes/66cd6b56a1a33c63662ddb16.mp3)
[RSS](https://feeds.acast.com/public/shows/657b585ce56a640017584a9e)
Refractions
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**Weird Angles**
*775 WORDS WRITTEN IN ABOUT 45 MINUTES*
Margie and Mike decided to spend part of the day by the pool. They filled the cooler with their favorites. Margie wanted a couple of mimosas. Mike made up a pitcher of Shandy, his favorite cheap pilsner mixed with lemonade with sliced lemons. They threw in some bottled water and some fresh fruit as well.
They took turns diving, and then they floated around and did some laps. The usual swimming stuff. Then they laid out their beach towels to lay out and get some sun.
“We deserve this.” Margie said.
“I don’t know if we deserve it, but I’ll take it, it’s been a long week.” Mike replied.
They applied their sunscreen and poured a couple of drinks, and finally got themselves comfortable under the warmth of the day.
Margie lifted herself up to take a sip of her mimosa. She thought she saw something reflecting in the pool for a second.
“Oh my goodness.” She said.
“What?” Mike asked.
“Nothing, I thought I saw something reflecting in the pool, but there is nothing to reflect.” She answered.
She had some of her drink, and laid back down. As she went back to lay down, she thought for a moment that she saw it again.
“That’s so weird.” She says.
“We should set a watch timer in case we fall asleep, I know I could fall asleep today, for sure.” Mike said, and he raised himself up to grab his watch and set the timer for 20 minutes.
“Wait a minute.” He said.
“What now?” Margie asked.
“It looked for a moment that there was something reflecting in the pool, like you said. It’s not there now.” Mike replied.
![](https://m.stacker.news/48498)
“There’s nothing in the sky but a few clouds, and there’s nothing above the pool to reflect.” Margie said, as she sat up. Now they are both sitting up and looking at the sky, in all directions, and they are puzzled.
Mike changes his angle as he looks at the pool. He slowly raises and lowers his eye level.
“At a certain angle I can see something, but it’s opaque, and it’s creeping me out.”
Margie does the same thing, and she confirms Mike’s observation.
“It’s only visible at a certain angle, the way the light refracts off the surface of the water.” Margie adds.
They both bob their heads up and down around that angle, and they concur that this is an odd anomaly.
“It looks like some kind of ship, like a UFO or a flying saucer thing.” Margie says.
“I wonder if someone is playing with a drone.” Mike says.
“There must be something in the sky somewhere, that we can’t see from here. Light is playing tricks on us.” Mike asserts. “It’s like a mirage type thing.”
The two of them walk all around the pool, and they are changing their eye level at each area of the pool.
“It only happens kind of over where the towels are, that’s the only place I can see this.” Margie says.
“Yeah, me too.” Mike adds.
“I’m going to get a ladder and go up on the roof and see what I can see from there.” Mike tells her.
As Mike is retrieving the ladder, Margie continues examining the surface of the pool from various angles, and all around the perimeter of the pool.
Once on the roof, Mike walks all over the top of the flat roof of the house.
“I can’t see a darn thing in the sky, as far as I can see.” He yells down to Margie.
She yells up to him. “Yep, nothing’s changed down here, it’s still there when look at it just right, at that same angle.”
Mike comes down from the roof and rejoins Margie. They sit down on their towels.
“Should we tell anyone about this?” Mike asks. “Who would we call about something like this?”
“It’s pretty weird.” Margie says. “If you told me about it, and I didn’t see it myself, I’d think you were lying for attention.”
Mike agrees. “Yeah, that’s probably what people will say if we tell anyone.”
The two of them continue to angle their heads just right, several times, and see the strange reflection come and go as they do. Just then, the surface of the pool where they see the weird little craft’s reflection starts to ripple, it becomes disturbed and there is slight turbulence.
“It’s gone.” Mike says. “I don’t see it anymore, it’s not there.” He says as he angles his head around.
“Yep, me too. Not there.” Margie says. “I’m going to need more mimosa.” She adds.
“I should have gotten stronger beer.” Mike replies.
The End.
Here are some other episodes where I have fun with interdimensional ideas, and ideas about frequencies of light and matter:
[The Smith's are Missing Socks](https://commercialherschel.substack.com/p/smiths-missing-socks-faeries-chores-laundry)
[What Does Your Light Eat?](https://commercialherschel.substack.com/p/what-does-your-light-eat-metabolism-emit)
[The Frequency of the Little People](https://commercialherschel.substack.com/p/the-frequency-of-the-little-people-672)
[Alien Avoidance On Our Coinciding Plane](https://commercialherschel.substack.com/p/alien-avoidance-on-our-coinciding)
[Dr. Freebius Lipsmaciladapus: The Absence of Pathology in the 4th Dimension](https://commercialherschel.substack.com/p/the-absence-of-pathology-in-the-4th-dimension-precipice-lectures-archive)
Thank you to all the independent, non-corporate media people out there. I hope I can give you some light entertainment once in a while. Thank you so much for listening, or reading. This is the ***Smell the Inside of Your Nose. Do it Right Now*** podcast. I hope you might get a free or paid subscription, or [buy me a coffee](https://buymeacoffee.com/smellcast), or [donate some bitcoin](https://commercialherschel.substack.com/p/donate-with-blockchain-currency). I wish you the best. I’m Herschel Sterling, and I’m here to help.
originally posted at https://stacker.news/items/663916
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@ b83a28b7:35919450
2024-08-27 18:53:46
On last week's episode of Plebchain Radio, QW and I announced something unusual - we would be taking a week off posting kind 1 notes on the Twitter clone clients - Primal, Damus, Nostur, etc. The clock started right after our show was posted on Friday, August 23rd and ends with show this Friday, August 30th.
https://video.nostr.build/741cd7a0dd33e1ce815490d14069af96579ce47c92ea04240592c7bbb2de3a65.mp4
The idea behind the challenge is to see how much we can participate in the network without resorting to it's most accessible form of communication - kind 1 notes (the equivalent of tweets/replies).
Halfway into the challenge, we've boosted and commented on shows on Fountain, zapped songs on Wavlake, commented on recipes on zap.cooking, watched videos on zap.stream and tunestr, and written the odd long-form note (oh, alright, just this one so far). It's been fun, but has also created an odd sense of sensory deprivation.
We will share more details on our experience on this week's Plebchain Radio episode. Right, I'm off to explore the rest of the other-stuff-verse. I'd urge everyone to give this challenge a try. It might change how you view nostr.
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![](/static/nostr-icon-purple-64x64.png)
@ af9c48b7:a3f7aaf4
2024-08-27 16:51:52
## Chef's notes
Easy recipe with simple ingredients. This recipe uses some store bought, precooked items as way to cut down on cook time. I recommend letting the vegetables thaw if you don't like them on the firm/crunchy side.Feel free to substitute fresh ingredients if you have the time and want to make the extra effort.
## Details
- ⏲️ Prep time: 20 min
- 🍳 Cook time: 50 min
- 🍽️ Servings: 8-10
## Ingredients
- 2 (8 oz) packages refrigerated crescent rolls (dough sheets preferred)
- 1 pound cooked rotisserie chicken (deboned and chopped)
- 2 table spoons of butter
- 2 (10 once) packages of frozen mixed vegetables
- 1 (15 once can sliced potatoes (drained)
- 1 (10.5 once) can condensed cream of chicken soup
- 1 (10.5 once) can condensed cream of mushroom soup
- 1/2 cup milk
- salt and ground pepper to taste
## Directions
1. Preheat oven to 350 degrees F (175 degrees C). Line the botton of 9x13-inch baking dish with one can of crescent roll dough. If you don't get the sheet dough, be sure to pinch the seams together.
2. Melt the butter in a sauce pan over medium heat. Then add the chicken, mixed vegetables, and sliced potatoes (recommend cutting into smaller pieces). Cook, stirring frequently, until vegetables are thawed and mixture is heated through, 5 to 7 minutes.
3. While the mixed vegetables are heating, warm both cans of condensed soup in a seperate pan over medium-low heat. Slowly add milk and cook, stirring frequently, until combined and heated through, about 3 minutes.
4. Add the soup mixture to the chicken mixture, then pour into the baking dish. Top with the second can of crescent roll dough. Feel free to cut some slits in dough if you are using the dough sheets. Cover lightly with foil to prevent the crescent roll dough from browning too quickly.
5. Bake in oven until heated through and dough is a golden brown. Cook time should be around 45-50 minutes I reommend removing the foil for the last 10 minutes to get a golden crust. Be sure to keep a close watch on the crust after removing the foil because it will brown quickly.
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![](/static/nostr-icon-purple-64x64.png)
@ b83a28b7:35919450
2024-08-27 16:48:28
https://image.nostr.build/df0721d6d45d82db35d06663a0318ffe68c0b2b3c694888d23694efcc4255de5.gif
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![](/static/nostr-icon-purple-64x64.png)
@ 0861144c:e68a1caf
2024-08-27 14:01:14
On Sunday afternoon, while I was taking a nap, my phone started buzzing with notifications. In the various groups where I share my views and words, I saw that Pavel Durov had been arrested by the French police. There wasn’t much to analyze yet, but alarms were raised, and theories began to circulate, and those theories were not far from reality.
Pavel is practically accused of every digital crime one can commit, from criminal association to pedophilia. My eyes kept scrolling down, unable to believe all the accusations. Could even 10% of what they’re questioning him about be true? And unfortunately, the worst blind person is the one who doesn’t want to see.
Detractors claimed that Telegram served totalitarian regimes and handed over data, when in reality, the opposite is true, as this social network served as a reference point when people in Belarus were protesting for their civil rights. They also alleged that Telegram collaborated with the Russian government to evade sanctions or promote disinformation campaigns, but if anyone takes the trouble to [watch the 60-minute interview with Tucker Carlson](https://x.com/TuckerCarlson/status/1780355490964283565), they’ll see that one of the reasons Pavel left his homeland (Russia) is because the government pressure simply became unbearable; Putin took over VK because Pavel refused to be part of it.
![](https://m.stacker.news/48433)
So, we already know that Russia has no interest in Telegram, nor is it anti-democratic, as the movements have already demonstrated, which leads us to the question of whether the French really have interests with Telegram.
And my first response after reading Macron’s statements was precisely that they were seeking his arrest until we read that Macron [is an avid user of this social network](https://www.politico.eu/article/telegram-pavel-durov-arrest-emmanuel-macron-france-social-media/), but also that it was [Macron himself who _encouraged_](https://www.lemonde.fr/en/france/article/2023/06/26/the-telegram-founder-s-mysterious-french-passport_6037748_7.html) Pavel to obtain his French passport. So, let’s ask a long question:
> **What leads a European liberal democracy to arrest the CEO of a social network with charges that could easily apply to other social networks?**
Try a simple experiment: take out the word Telegram and insert your social network of choice in the accusatory libel. It has the same effect, and the previous question arises again, and I’d like to offer an alternative perspective on this process. To this day, and I’ve mentioned this before in other posts in this same place, but I’ll emphasize it: we no longer have democracy as such. You can forget about the liberal style that was once promised to us or that we learned about in our educational institutions. This has been replaced with Dataism.
### Dataism and How Pavel Doesn’t Cooperate
[Dataism](https://en.wikipedia.org/wiki/Dataism) is a new form of governance. The word data comes from the Latin *datum*, which means "to give," meaning we, the citizens, *give* our data to the companies that manage social networks. These companies, while using us as a product for other companies, also see governments trying to dip their spoon into the pot, so they start talking about *speech regulations*, *hate content*, among other accusations, to maintain a *clean social network*.
I’m guilty first. In the old days, when the chief censors operated in the former Soviet Union (as Coetzee tells us), folders were created with the data of suspects, documenting their *revolutionary* activities, and when the time came, *measures* could be taken that affected the welfare state.
Today, this type of persecution no longer exists, but by handing over my data, companies no longer talk about tracking me, since we’ve given them free access to our location and GPS, in addition to exposing our lives on every platform; today, profiles are made, and now there’s a marketing department that creates *behavior profiles* and bombards me with products and services that *might interest me*.
The government’s intrusion into social networks has become so great that now they had to react, showing a sort of repentance. As I write this, I find it really hard to react to the letter sent by Meta (signed by Zuckerberg himself) in which [he regrets the censorship](https://x.com/JudiciaryGOP/status/1828201780544504064) carried out during the pandemic. And I vividly remember the hundreds of people whose accounts were censored, rightly or wrongly, for not aligning with the government’s *scientific* stance.
### And Telegram?
Telegram [doesn’t hand over data](https://www.dw.com/en/brazil-court-lifts-telegram-suspension-despite-non-compliance-for-neo-nazi-group-data/a-65474168#:~:text=Brazil%20had%20temporarily%20banned%20Telegram,prioritizes%20the%20privacy%20of%20users.&text=A%20federal%20judge%20in%20Brazil,Telegram%2C%20an%20encrypted%20messaging%20app.) and paid the price. It refused to do so in the past and stood against the current regime, against dataism. The French justice system wants Pavel to spend time in prison for daring to use encrypted products that don’t allow them to listen to/see/read their *possible suspects*. The KGB would blush at such a move. And the most ironic thing is that a person who flees his own country for not wanting to cooperate with values contrary to freedom is now arrested by a country that was once the center of debates on liberty, fraternity, and equality, where they rose up against the oppressive regime.
I don’t know how the process will continue on French soil, and I also don’t know if the Russians are really using USDT networks to move *sanctioned* money. I only know that this kind of arrest proves and gives reason to those who argue that freedom, as we knew it, no longer makes sense.
### And I don’t know what else to tell you, my friend.
Unfortunately, I have no conclusion. I wish I could end this article and give you hope that justice will respond to see what they’re accusing him of, but it [would be a lie on my part](https://stacker.news/items/560694). I can tell you, however, that if you’re reading this and have a NOSTR account and use bitcoin as part of your economy, you’re on the right path.
Sites like Stacker News and others, as well as protocols like NOSTR, will gain greater importance as we open our eyes to fight the regime that seeks to abolish privacy as a human right. Today we can fight, and it doesn’t require much of us, other than to promote what we are doing now.
And I’ll end by asking the same question that @FmpPerspective did: [*are we still allowed to ask questions?*](https://stacker.news/items/662413)
originally posted at https://stacker.news/items/663527
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@ d830ee7b:4e61cd62
2024-08-27 05:53:16
ในโลกของเหรียญดิจิทัล ที่แสงสีเสียงดังแข่งกันโครมๆ ระยิบระยับราวกับงานวัด มีหนึ่งตำนานที่ถูกจารึกไว้ในหน้าประวัติศาสตร์อย่างไม่อาจลบเลือนได้ ตำนานที่สร้างบาดแผลให้กับนักลงทุนหลายหมื่นคนทั่วโลก และเป็นเสมือนตราบาปที่คอยฉุดรั้งการเติบโตของวงการบิตคอยน์เอาไว้อย่างยาวนาน...
..ตำนานนั้นมีชื่อว่า **“Mt. Gox”** ศูนย์กลางการซื้อขายบิตคอยน์ที่ครั้งหนึ่งเคยยิ่งใหญ่ที่สุดในโลก แต่วันนี้เหลือเพียงซากปรักหักพังและตำนานแห่งความเจ็บปวด
https://image.nostr.build/f45d069f4113ea9a28bbacb8da44d19899b42685825e8e8c0e8c42286fa22995.jpg
หายนะที่ทำให้บิตคอยน์ประมาณ 850,000 BTC มูลค่ากว่า 460 ล้านดอลลาร์สหรัฐในขณะนั้น (หรือราวๆ 4 หมื่นล้านดอลลาร์สหรัฐ (ราว 1.36 ล้านล้านบาท) ในปัจจุบัน) หายวับไปกับตา!
เรื่องนี้มันเกิดขึ้นได้ยังไง? อะไรที่ทำให้เว็บเทรดที่เคยยิ่งใหญ่ที่สุดในโลกต้องล่มสลายลง?
และที่สำคัญที่สุด... เราเรียนรู้อะไรได้บ้างจากหายนะในครั้งนี้?
บทความนี้จะพาคุณย้อนรอยไปสำรวจเรื่องราวทั้งหมดของ Mt. Gox ตั้งแต่จุดเริ่มต้นที่แสนจะธรรมดา ไปจนถึงจุดจบที่น่าสลดหดหู่ พร้อมกับบทเรียนราคาแพงที่เราทุกคนควรจดจำเอาไว้ให้ขึ้นใจ (ยาวนะครับ..)
// จากเว็บเทรดการ์ดเกมสู่ศูนย์กลางบิตคอยน์
เรื่องราวของ Mt. Gox เริ่มต้นขึ้นในปี 2006 ไม่ใช่ด้วยบิตคอยน์อย่างที่หลายคนเข้าใจ แต่เริ่มจาก Jed McCaleb โปรแกรมเมอร์หนุ่มผู้คลั่งไคล้ในการ์ดเกม "Magic: The Gathering Online" ที่อยากจะสร้างเว็บไซต์สำหรับเทรดการ์ดเกมออนไลน์
ชื่อ Mt. Gox ก็มาจาก **"Magic: The Gathering Online eXchange"** นั่นเองครับ..
ในช่วงแรกๆ Mt. Gox ก็เป็นแค่เว็บเล็กๆ ที่ไม่ค่อยมีคนรู้จัก แต่แล้วในปี 2010 จุดเปลี่ยนก็เกิดขึ้น..
McCaleb ได้รู้จักกับบิตคอยน์สกุลเงินดิจิทัลน้องใหม่ที่กำลังมาแรง และเขาตัดสินใจเปลี่ยน Mt. Gox ให้กลายเป็นศูนย์กลางการซื้อขายบิตคอยน์มันซะเลย!
การตัดสินใจครั้งนี้ถือเป็นจุดเปลี่ยนสำคัญที่ทำให้ Mt. Gox กลายเป็นตำนาน
ในยุคนั้นบิตคอยน์ยังเป็นเรื่องใหม่มากๆ คนส่วนใหญ่ยังไม่รู้จัก ไม่เข้าใจ แถมยังมองว่ามันเป็นของเล่นไร้สาระสำหรับพวก Geek เท่านั้น แต่ McCaleb เขามองเห็นศักยภาพของมัน เขาเชื่อว่าบิตคอยน์จะเปลี่ยนโลก!
Mt. Gox จึงกลายเป็นแพลตฟอร์มซื้อขายบิตคอยน์แห่งแรกๆ ของโลกและมันก็เติบโตอย่างรวดเร็ว.. เร็วแบบติดจรวดเลยล่ะครับ เพราะในตอนนั้นมันแทบไม่มีคู่แข่งเลย ใครอยากซื้อขายบิตคอยน์ก็ต้องมาที่ Mt. Gox นักลงทุนทั่วโลกแห่กันมาที่นี่ ทำให้ Mt. Gox กลายเป็นศูนย์กลางของตลาดบิตคอยน์
ในช่วงพีคๆ Mt. Gox เคย handle การซื้อขาย Bitcoin มากกว่า 70% ของทั้งโลก!
นึกภาพตามนะครับ..
ในยุคนั้นบิตคอยน์ยังเป็นเหมือนดินแดนป่าเถื่อน ไม่มีกฎหมาย ไม่มีการควบคุม ใครอยากทำอะไรก็ทำ Mt. Gox ก็เลยเหมือนเป็นเสมือนนายอำเภอที่คอยดูแลความสงบเรียบร้อยในเมือง..
## ภายใต้เงาอำนาจ..
ในปี 2011, McCaleb ตัดสินใจขาย Mt. Gox ให้กับ Mark Karpelès โปรแกรมเมอร์ชาวฝรั่งเศสที่อาศัยอยู่ในญี่ปุ่น Karpelès เข้ามาบริหาร Mt. Gox ต่อ และพยายามขยายธุรกิจให้เติบโตยิ่งขึ้นไปอีก
แต่.. การเติบโตอย่างรวดเร็วนั้น ก็มาพร้อมกับปัญหา
ปัญหาแรกเลยก็คือเรื่อง "ความปลอดภัย"
ในปี 2011 Mt. Gox โดนแฮ็กครั้งแรก บิตคอยน์ประมาณ 25,000 BTC ถูกขโมยไป ตอนนั้นมันอาจจะดูไม่เยอะ แต่ถ้าคิดเป็นมูลค่าในปัจจุบันก็หลายหมื่นล้านบาทอยู่นะครับ
และนี่เป็นแค่จุดเริ่มต้นของหายนะ...
ปัญหาที่สอง คือ "การบริหารจัดการอันห่วยแตก"
Karpelès ไม่ได้เป็นนักธุรกิจมืออาชีพ เขาเป็นแค่โปรแกรมเมอร์ที่หลงใหลในบิตคอยน์ เขาขาดประสบการณ์ในการบริหารจัดการบริษัทขนาดใหญ่
Mt. Gox เริ่มมีปัญหาภายใน ทั้งเรื่องการเงิน การจัดการ และความโปร่งใส ลูกค้าเริ่มบ่นว่าถอนเงินไม่ได้ ระบบมีปัญหา
และที่สำคัญ.. Karpelès ไม่ได้ให้ความสำคัญกับเรื่อง "ความปลอดภัย" มากพอนัก
เขาคิดว่า Mt. Gox มันใหญ่เกินกว่าจะล้มได้ ใครจะกล้ามาแหยม?
..แต่เขาคิดผิด.. อย่างมหันต์
## จุดจบของตำนาน..
ในเดือนกุมภาพันธ์ 2014, Mt. Gox ประกาศระงับการถอนเงินทั้งหมด อ้างว่าระบบมีปัญหา.. กำลังทำการแก้ไข
แต่มันไม่ใช่แค่ปัญหาเล็กๆ น้อยๆ.. มันคือหายนะครั้งใหญ่หลวง!
บิตคอยน์กว่า 850,000 BTC มูลค่ากว่า 460 ล้านดอลลาร์สหรัฐในตอนนั้นหายไปจาก Mt. Gox ไม่ใช่แค่เงินของลูกค้า.. แต่เป็นเงินของ Mt. Gox เองด้วย
Karpelès ออกมาแถลงข่าวด้วยน้ำตาคลอเบ้า บอกว่า Bitcoin ถูกขโมยไปจากการโดนแฮ็ก..
โลกทั้งใบแทบแตก! นักลงทุนช็อก! ราคาบิตคอยน์ร่วงระนาว! ความเชื่อมั่นในตลาดคริปโตฯ สั่นคลอน!
Mt. Gox ล้มละลาย..
และกลายเป็นตำนานแห่งหายนะที่ไม่มีใครลืม..
## บทเรียนราคาแพงที่เราต้องจดจำ
การล่มสลายของ Mt. Gox เป็นเหมือนระเบิดปรมาณูที่ถล่มวงการบิตคอยน์ มันทำให้คนทั่วโลกตระหนักถึงความเสี่ยงของคริปโตเคอเรนซี และความสำคัญของการเลือกใช้แพลตฟอร์มที่ "ปลอดภัย" และ "น่าเชื่อถือ"
มันยังเป็นเครื่องเตือนใจว่าความโลภ และความประมาท อาจนำไปสู่หายนะได้ ไม่ว่าคุณจะลงทุนในอะไร ก็ต้องศึกษาให้ดี ทำความเข้าใจให้ถ่องแท้ อย่าหลงเชื่อคำโฆษณา หรือคำอวยเว่อร์ๆ
และที่สำคัญ..
**"Not your keys, not your coins"**
หากคุณไม่ถือ Private Key ด้วยตัวเอง คุณก็ไม่ได้เป็นเจ้าของบิตคอยน์ที่แท้จริง
เพราะถ้าเกิดอะไรขึ้นกับเว็บเทรด.. คุณก็อาจจะซวยเหมือนกับลูกค้า Mt. Gox กว่า 24,000 คน ที่ต้องรอคอยเงินคืนยาวนานนับ 10 ปี และบางคนก็อาจจะไม่ได้อะไรคืนเลย..
## เปิดโปงเบื้องหลัง
หลังจาก Mt. Gox ล่มสลาย เจ้าหน้าที่ได้เร่งสืบสวนสอบสวน และพบว่ามีบุคคลสำคัญอยู่เบื้องหลังเรื่องนี้
1. “Alexander Vinnik” ผู้ก่อตั้ง BTC-e
ถูกจับในข้อหาฟอกเงินที่ได้จากการแฮ็ก Mt. Gox เขาถูกกล่าวหาว่าใช้ BTC-e ในการฟอกเงินมูลค่ากว่า 4 พันล้านดอลลาร์สหรัฐ ซึ่งรวมถึงเงินที่ขโมยมาจาก Mt. Gox ด้วย
หน่วยงานของสหรัฐฯ ระบุว่า Vinnik ใช้ BTC-e เพื่อฟอกเงินให้กับบุคคลที่เกี่ยวข้องกับอาชญากรรมต่างๆ เช่น การแฮ็กคอมพิวเตอร์ และการค้ายาเสพติด
พวกเขายังเชื่อมโยง Vinnik กับการล่มสลายของ Mt. Gox โดยกล่าวหาว่าเขาฟอกเงินที่ถูกขโมยผ่าน BTC-e และ Tradehill ซึ่งเป็นอีกหนึ่งเว็บเทรดที่เขาเป็นเจ้าของ
การจับกุม Vinnik เป็นส่วนหนึ่งของปฏิบัติการต่อเนื่องของสหรัฐฯ ในการต่อต้านอาชญากรไซเบอร์ชาวรัสเซียในยุโรป ในปี 2024 Vinnik ได้ยอมรับสารภาพผิดในข้อหาสมรู้ร่วมคิดในการฟอกเงิน
2. “Alexey Bilyuchenko” และ “Aleksandr Verner”
สองชาวรัสเซีย ถูกตั้งข้อหาในปี 2023 ว่ากันว่าพวกเขาขโมยบิตคอยน์ไปกว่า 647,000 BTC และนำไปฟอกเงินผ่าน BTC-e และแพลตฟอร์มอื่นๆ
## เส้นทางสู่การเยียวยา
การล่มสลายของ Mt. Gox ทำให้ลูกค้าหลายหมื่นคนต้องสูญเสียบิตคอยน์ไป และต้องต่อสู้ในกระบวนการทางกฎหมายอันยาวนาน
ในที่สุดก็มีความคืบหน้า ในเดือนมิถุนายน 2018 ศาลแขวงโตเกียวได้อนุมัติคำร้องของเจ้าหนี้เพื่อเริ่มกระบวนการฟื้นฟูทางแพ่ง ซึ่งอนุญาตให้มีเงื่อนไขการชำระหนี้ที่ยืดหยุ่นมากขึ้น รวมถึงการชดเชยตามมูลค่าปัจจุบันของเหรียญที่สูญหายไป
เจ้าหนี้ (ผู้เสียหาย) สามารถเริ่มยื่นข้อเรียกร้องใหม่ภายใต้กระบวนการเหล่านี้ได้ในวันที่ 23 สิงหาคม 2018
ในที่สุด.. ในเดือนกรกฎาคม 2024 Mt. Gox ก็เริ่มชำระคืนบิตคอยน์ และบิตคอยน์แคช ให้กับเจ้าหนี้ภายใต้แผนฟื้นฟูกิจการตามกฎหมาย
ทนายความ Nobuaki Kobayashi ดูแลกระบวนการนี้ โดยตรวจสอบให้แน่ใจว่ามีการตรวจสอบและข้อตกลงกับเจ้าหนี้ทั้งหมดก่อนที่จะมีการจ่ายเงิน
การชำระเงินคืนนี้ถือเป็นช่วงเวลาสำคัญ เนื่องจากเจ้าหนี้ต้องรอคอยมานานเกือบทศวรรษ นับตั้งแต่การล่มสลายของเว็บเทรดในปี 2014
จาก 850,000 BTC ที่สูญหายไป มีการกู้คืนกลับมาได้ 200,000 Bitcoin ซึ่ง 60,000 Bitcoin ในนั้นถูกขายโดยผู้ดูแลผลประโยชน์เพื่อเป็นทุนในการดำเนินการต่างๆ
และเนื่องจากมูลค่าของบิตคอยน์เพิ่มขึ้นอย่างมาก กระบวนการชำระคืนจึงมีมูลค่ามหาศาล การเริ่มต้นการชำระคืนจึงเป็นเรื่องใหญ่ในวงการคริปโต
ในช่วงต้นเดือนกรกฎาคม 2024 Mt. Gox ได้ย้าย 47,228 BTC มูลค่าประมาณ 2.7 พันล้านดอลลาร์ออกจากกระเป๋าเงินออฟไลน์เพื่อเป็นส่วนหนึ่งของกระบวนการชำระคืน
บริษัทต่างๆ เช่น MtGoxBalanceBot ได้ติดตามความเคลื่อนไหวเหล่านี้อย่างโปร่งใสและให้ข้อมูลอัปเดตแก่ชุมชน
ในวันที่ 22 กรกฎาคม 2024 Mt. Gox ได้โอน Bitcoin มูลค่า 2.85 พันล้านดอลลาร์ไปยังกระเป๋าเงินใหม่ โดย 340 ล้านดอลลาร์ในจำนวนนั้นถูกส่งไปยังที่อยู่ที่ Bitstamp เป็นเจ้าของ
หลังจากนั้นไม่นาน ก็มีการโอน 37,477 BTC มูลค่า 2.5 พันล้านดอลลาร์ไปยังกระเป๋าเงินที่ไม่รู้จัก
มีการเคลื่อนไหวอยู่เรื่อยๆ จนกระทั่ง ณ ปัจจุบันมีการแจกจ่าย Bitcoin ให้กับเจ้าหนี้ Mt. Gox ไปแล้วจำนวนมาก และยังเหลืออีกประมาณ 45,000 BTC ที่จะต้องคืน (จาก140,000 แสน เหลือ 44,899K BTC คิดเป็นคืนไปแล้วราวๆ 60%)
กระบวนการนี้ยังคงดำเนินต่อไป และเกี่ยวข้องกับความเคลื่อนไหวจำนวนมากในตลาดคริปโตฯ โดยจำนวนเงินทั้งหมดที่ยังคงค้างชำระให้กับเจ้าหนี้ โดยจำนวนเงินทั้งหมดที่ยังคงค้างชำระเจ้าหนี้นั้นคิดเป็นประมาณ 0.7% ของ Bitcoin ทั้งหมดที่หมุนเวียนอยู่ในตลาด
850,000 Bitcoin ที่สูญหายไปนั้นมีมูลค่าประมาณ 460 ล้านดอลลาร์สหรัฐในขณะที่เกิดการแฮ็ก และ 140,000 Bitcoin ที่กู้คืนได้นั้นมีมูลค่าประมาณ 1 หมื่นล้านดอลลาร์ ณ ราคา 70,000 ดอลลาร์ต่อ Bitcoin
นั่นหมายความว่าเจ้าหนี้จะได้รับมูลค่าคืนมากกว่า 16 เท่าในตลาดปัจจุบัน..
## บทสรุป
เรื่องราวของ Mt. Gox เป็นเหมือนบทเรียนราคาแพงที่สอนให้พวกเรารู้ว่า..
### อย่าฝากไข่ไว้ในตะกร้าใบเดียว
การรวมศูนย์อำนาจในการดูแลสินทรัพย์ดิจิทัลไว้ที่เดียวมีความเสี่ยงสูง การกระจายความเสี่ยงโดยการใช้บริการหลายๆ แพลตฟอร์ม หรือ self-custody เป็นสิ่งสำคัญ
### ความจำเป็นในการกำกับดูแล
เหตุการณ์ Mt. Gox กระตุ้นให้เกิดการตรวจสอบข้อเท็จจริงและความเข้มงวดมากขึ้นต่อเว็บเทรดคริปโตฯ ทั่วโลก เพื่อปกป้องนักลงทุน
### ความรับผิดชอบ
ผู้บริหารแพลตฟอร์ม ต้องมีความรับผิดชอบต่อทรัพย์สินของลูกค้า และดำเนินธุรกิจอย่างโปร่งใส ซื่อสัตย์ และยุติธรรม
### ความไม่แน่นอนของตลาดคริปโตฯ
ตลาดคริปโตฯ ยังคงมีความผันผวนสูง และมีความเสี่ยงที่อาจเกิดขึ้นได้ นักลงทุนควรศึกษาข้อมูลอย่างรอบคอบก่อนตัดสินใจลงทุน
เรื่องราวของ Mt. Gox จะถูกจารึกไว้ในประวัติศาสตร์ของวงการคริปโตตลอดไป มันเป็นเครื่องเตือนใจถึงความสำคัญของความปลอดภัย ความโปร่งใส และความรับผิดชอบในการดำเนินธุรกิจที่เกี่ยวข้องกับสินทรัพย์ดิจิทัล และเป็นแรงผลักดันให้วงการนี้พัฒนาไปสู่ความมั่นคงและยั่งยืนในอนาคต..
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@ 5d4b6c8d:8a1c1ee3
2024-08-26 17:50:00
This was my first year betting on preseason football and I came out about 20% ahead. My operating assumption was just that no one should be a heavy preseason favorite, so I took any team that was at least +200 to win outright.
I'm really looking forward to the real season starting. I've got my eyes on that Raiders vs Chargers opener. Every year the Bolts underachieve, while the Raiders overachieve (based on expected wins).
Nitrobetting got some NBA futures up. I took OKC at +750 and the Bucks at +1200 to win the title.
What are the upcoming events you're looking forward to?
originally posted at https://stacker.news/items/662590
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@ 5d4b6c8d:8a1c1ee3
2024-08-26 17:01:11
There's a very interesting dynamic developing in the American political media landscape. Don't worry, this post isn't explicitly political.
One of the huge incentive problems in media is needing access to important people in order to cover them. Objective, or otherwise critical, journalists may be denied access, while favorably biased journalists are granted it. This is known as "access journalism". Despite being a very well-known problem, it remains an intractable issue for the industry.
The Kamala Harris campaign has been blatantly denying access to even friendly outlets, which violates the basic logic of access journalism. The expectation then is that she'll get more objective or critical coverage, and I think we've been seeing that.
Part of why this is so interesting to me is that the American corporate press has a dramatic bias towards Democrats and against Trump (even more so than a generic Republican). Bias and incentives are clashing.
I often say that outcomes follow incentives. If so, then we should expect to see even more critical coverage of Kamala, unless she begins granting more press access.
originally posted at https://stacker.news/items/662537
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@ 0271e1b9:ad8cff90
2024-08-26 16:33:28
Hey everyone,
So during the weekend I launched a little side project called:
# "A Stoic Resurrection"
https://image.nostr.build/682ddced4e4c823dcdc28bd34cc920ce0802964b170f9fa08295a89afe08df6c.jpg
For now I will be sharing my favorite quotes from both historical and contemporary thinkers in the form of photos or short videos, plus some of my own thoughts, as I have noticed they seem to be very much aligned with the Stoic philosophy in general.
I played around with some ideas regarding the design and aesthetics, and settled on this kind of style for now:
*Photo examples*
https://image.nostr.build/878bf80e40c522320820e766723dcd7b2ea5a4029dc8effd9c66a56f0fbbbc54.jpg
https://image.nostr.build/3d994d3fb52def142d4b331ef0edb53a9862c8ab071d57da580a8fa08430198a.jpg
https://image.nostr.build/d583755e9065cc5c49357ead1734e7e2ab5d43c56bd3345cb14331cab61cd505.jpg
*Video examples*
https://youtube.com/shorts/OMKKRQ4zNLM
https://youtube.com/shorts/UkFBFBniCp8
For now I'm using copyright free images from [Unsplash](https://unsplash.com/) plus copyright free recordings of classical music via [Musopen](https://musopen.org/) (starting off with Chopin) for the content as per my *Open Source Culture* philosophy.
**The current goal is to post 1 quote per day on average.**
I do have some additional ideas for the future, but as I said, this is a side project and how much time & energy I'm going to invest in this will depend both on the amount of free(ish) time I have on hand, my current level of interest in the subject, as well as how much demand & audience there is (or isn't) for this kind of content.
### Please feel free to share your thoughts, criticisms, suggestions, and perhaps some of your personal favorite Stoic thinkers / ideas from both past and the present that have caught your attention.
**Oh, and of course, if stoic philosophy sounds like your cup of tea, please feel free to give the project a follow on your preferred social media platform(s) and/or show your appreciation with zaps:**
nostr:
nostr:npub1angxrnwzujemyzkhgef2gwcy0s4ayjh62574p8g2xwnlfp8pxeaq4frrpe
[X](https://x.com/stoic_resurrect)
[YouTube](https://www.youtube.com/channel/UCb5MZ0YL7BlBLFKHpLVAHkg)
[Instagram](https://www.instagram.com/stoic_resurrection/)
[TikTok](https://www.tiktok.com/@stoic_resurrection)
### Peace & love,
### Kontext
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@ 5d4b6c8d:8a1c1ee3
2024-08-26 16:27:09
This is your chance to update your predictions from July: https://stacker.news/items/619305/r/Undisciplined. August picks are due before the end of August.
If you're new, check out the [June post](https://stacker.news/items/585231/r/Undisciplined) for details. This contest will be open to new entrants all the way through the end of the NBA regular season.
If you want to join, put your predictions in the comments for MVP, Champion, and All NBA 1st Team.
## Current Predictions
| | @Undisciplined | @grayruby | @gnilma | @BitcoinAbhi | @Bell_curve | @0xbitcoiner |
|-|------------------|---------------|--------------|---------------------|-------------------|-----------------|
| Champ | OKC | Pacers | OKC | Denver | Celtics | Pacers |
| MVP | Luka | Giannis | SGA | Luka | Luka | Jokic |
| All NBA | Jokic | Jokic | SGA | Jokic | Jokic | Jokic |
| | Giannis | Giannis | Jokic | Giannis | Giannis | Giannis |
| | Luka | Luka | Luka | Luka | Luka | Luka |
| | Ant | Mitchell | Brunson | Ant | Ant | Ant |
| | SGA | Brunson | Wemby | SGA | SGA | Brunson |
The only change last month was me switching my title pick to OKC.
# Prize
1334 sats (plus all future zaps)
originally posted at https://stacker.news/items/662489
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@ e968e50b:db2a803a
2024-08-26 15:21:03
_This is a repost of my [first post ever](https://stacker.news/items/227606) on sn. I wanted to give it another try because I didn't have any visibility here then, didn't know how to use markdown, and put more work into it than subsequent posts. Now that I know what I'm doing, I'd like to get back to writing like this more. Hopefully you can share this with (or are yourself) a non-bitcoiner. I'd love to hear your thoughts._
# What does Oppenheimer teach us about CBDCs?
Do you remember where you were when you first heard the acronym MAD? I first heard it when I was a teenager on a trip to the air force academy and we were afforded a tour of NORAD[^1]. My memory is a little hazy on the details, but the most interesting part was when an instructor came out and explained a nuclear war scenario to us. He gave us a vague idea of where all the US nukes were, then a vague idea of where all the Soviet nukes were. After this, he told us what he’d do to confirm the Soviet nukes were in the air before launching ours to all of their major cities. The end.
Hands went up. We wanted to know what would happen next. How would they shoot down the enemy nukes? How long would the war last after the first shots were fired? Why target civilians? This was when he told us about Mutually Assured Destruction (MAD)[^2]. Nuclear attack in the Cold War era wasn’t about winning or losing. It was about making the consequences of war unbearably devastating for all parties. The logic went that reasonable actors would therefor avoid kinetic war altogether. For the first time in my life, I understood the true reasoning behind the nuclear race in the cold war. Of course, the biggest catch in the system was that all parties with this power need to be assumed to be reasonable...forever.
Oppenheimer[^3], this summer’s blockbuster biopic about the enigmatic physicist behind the atomic bomb, explores his moral concerns with continued nuclear arms research after WWII. The film dramatizes both his personal and political life and the ethical questions surrounding each of them. The most interesting theme for this writer was the paradox concerning Oppenheimer’s devotion to creating a weapon of mass destruction for one war, and then trying to stuff the genie back in the bottle before the the next one broke out. Fortunately, that hot war hasn’t come yet, but Oppenheimer didn’t accomplish his latter goal and we’ve since developed nukes that make the a-bomb’s mushroom clouds look like the mushrooms from Super Mario Bros[^4].
The film highlights Oppenheimer’s Jewish heritage and his personal convictions concerning the rise of Nazism. With all of the other moral ambiguity, it portrays him as having deep integrity in this regard. However, once that threat had been neutralized, he begins to see more clearly the significance of this new category of weapon. Oppenheimer, or at least the Oppenheimer of the movie, grows to understand acutely the immense burden that now lays on all future generations. Each new nation or other entity that developed nuclear weapons was another trigger-finger on a potential apocalypse. Of course, this could also usher in a new era of threat-induced peace so long as all parties remain reasonable...forever.
The dropping of the two atom bombs was horrific. Even so, the weaponization and bureaucratic manipulation of money that exists around the globe today produces more death than the combined total of these two bombings[^5]. Millions of central and western Africans have been robbed through the debasement of the CFA franc by the French government[^6]. The physical violence this has inspired is incalculable. Thousands died in the Arab Spring. The violence was itself inspired by economic hardship in the region, partially a result of the 2008 bank bailouts[^7]. Local inflation in countries like Venezuela[^8], Zimbabwe[^9], Turkey[^10], and Argentina[^11] results not just in poverty, but in a significant drop in health care and education and a corresponding rise in violence. The weaponization of money and resulting inflation after WWI is even seen by most scholars as a large contributing factor to the rise of Nazism for which Oppenheimer was working against[^12]. Using this same inflation, the richest and most powerful are able to actually able to further enrich themselves through the Cantillon Effect[^13]. More overt weaponization exists in political sanctions, sinister a way to declare war on the civilian population of a country without declaring war on their military. Sometimes, as in the current case in Myanmar, these sanctions hurt the opposition groups more than the actual government that is being opposed[^14].
With all of this in mind, adopting a currency that the government, a corporation, or a single individual can control by the click of a button is arguably one of the most dangerous threats to humanity’s thriving. Whoever held this power could decide who is allowed access to food and who is not. They could decide how long or how much you were allowed to save before it was deleted. They could monitor everything you bought and everywhere you bought it. I’m talking about a Central Bank Digital Currency[^15] (CBDC).
Proponents argue that these concerns about abuse won’t be problems so long as we can trust those with the power. Basically, they are counting on either their allies to remain in power, or their detractors to be ethical enough to refrain from the previously described activities. So with a CBDC, “democracy” can only exist with a uni-party system or the ability to elect perfectly morally upstanding leaders...without a single exception...forever.
Bitcoin fixes this[^16]. Unlike nuclear bombs, a CBDC can’t function without widespread adoption. You and I will ultimately determine if this technology has any power. Fortunately, we have an alternative. Bitcoin does not have the power to stop you from buying groceries. No one can debase it’s value from a foreign or domestic state. It requires no extra fees for cross-border payments. While weaponized money may currently be responsible for more death and suffering than nuclear war, we now actually have an armor to protect against it. I only hope that by the time they make the movie about it, we have chosen the happy ending.
[^1]:https://www.norad.mil/About-NORAD/
[^2]: https://www.livescience.com/mutual-assured-destruction
[^3]: https://en.wikipedia.org/wiki/Oppenheimer_(film)
[^4]: https://www.youtube.com/watch?v=fs1CIrwg5zU
[^5]: https://www.newsweek.com/how-many-people-died-hiroshima-nagasaki-japan-second- world-war-1522276
[^6]: https://bitcoinmagazine.com/culture/bitcoin-a-currency-of-decolonization
[^7]: https://www.aljazeera.com/news/2020/12/17/bread-and-gas-economic-boost-needed-after- arab-spring
[^8]: https://www.bbc.com/news/world-latin-america-46999668
[^9]: https://www.voanews.com/a/africa_its-nightmare-zimbabwe-struggles-hyperinflation/ 6177373.html
[^10]: https://www.economist.com/leaders/2022/07/21/lessons-from-turkey-on-the-evils-of-high- inflation
[^11]: https://www.bbc.com/news/world-latin-america-64960385
[^12]: https://www.britannica.com/biography/Walter-Simons
[^13]: https://www.adamsmith.org/blog/the-cantillion-effect
[^14]: https://bitcoinmagazine.com/culture/myanmars-exiled-government-needs-a-bitcoin-bond- strategy
[^15]: https://www.cnn.com/2022/03/11/tech/us-digital-dollar-cbdc/index.html
[^16]: https://bitcoin.rocks/
originally posted at https://stacker.news/items/662395
-
![](/static/nostr-icon-purple-64x64.png)
@ c230edd3:8ad4a712
2024-08-26 01:13:49
## Chef's notes
Allow meat to soak for 1-24 hours. The rougher the cut, the longer the soak. This is great for open flame grilling, as well as pan seared, though the latter is preferable. Petit Sirloin can marinade for approximately 1 hour and still develop tenderness. I like to score the steaks if they will only be resting in the mix for a short time. All seasonings can be adjusted to taste. Base ingredients scale well, for any number of steaks. Equal parts, enough to coat the meat is really all that matters.
I'm terrible at remembering cooking pictures, so image is a random steak. I will try to remember to update that next time I make these.
## Details
- ⏲️ Prep time: 10
- 🍳 Cook time: However long you usually cook your steak to preferred doneness
## Ingredients
- 4 petite sirloin steaks or other cut
- 1/4 cup yellow mustard
- 1/4 cup soy sauce
- 3-5 cloves garlic, depending on size, minced and salted
- 1 tsp dried basil
- 1\2 tsp crushed red pepper
## Directions
1. Mix ingredients and marinade 1-24 hours.
2. Grill or pan sear to your preferred doneness
3. Enjoy!
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-25 20:26:43
```js
useEffect(() => {
if (typeof window === 'undefined') return;
const bitcoinConnectConfig = window.localStorage.getItem('bc:config');
if (bitcoinConnectConfig) {
setBitcoinConnect(true);
}
}, []);
```
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-25 20:26:43
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/ZbOzQ0EiAZQ" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
-
![](/static/nostr-icon-purple-64x64.png)
@ 6c8c7979:15595f3e
2024-08-25 20:06:57
Freedom of expression is one of the fundamental rights that guarantees individuals the ability to voice and share their opinions without fear of punishment or censorship. This freedom is a cornerstone of democratic societies, allowing citizens to express their thoughts and criticize governments or institutions without fear of repression.
Currently, freedom of expression faces increasing challenges. These challenges range from government censorship to strict policies aimed at suppressing dissenting voices. Laws that restrict freedom of expression can take various forms, from imposing restrictions on the media to arresting journalists and activists.
Pavel Durov, the founder of Telegram, has been arrested in France, raising global concerns about the implications of this event for freedom of expression and privacy. Telegram is an encrypted messaging app that provides its users with a high level of security and privacy. Thus, the arrest of its founder signals a potential crackdown on technologies that support privacy.
When an individual overseeing a system that offers high levels of security and privacy is arrested, it indicates a broader concern about data control and digital communication surveillance. This could set a precedent that might encourage stricter controls on privacy-protecting communication tools.
Definition of New Dictatorship
The term "new dictatorship" refers to regimes that may not necessarily be military or traditionally autocratic, but use modern methods to suppress freedom of expression and restrict individual rights. These regimes may include electronic surveillance, anti-terrorism laws, and digital technologies for monitoring individuals.
The new dictatorship can erode fundamental rights, including freedom of expression and press freedom. It can also impact personal freedoms and privacy, leading to the suppression of ideas and constructive criticism. The negative impact may manifest as a lack of transparency and increased surveillance.
Freedom is not free; it often requires significant sacrifices from individuals and societies. Activists and journalists frequently pay a high price for defending human rights and fundamental freedoms, including imprisonment or persecution.
It is crucial for societies to support individuals who adhere to fundamental freedom principles, such as journalists and activists. This support can take the form of solidarity campaigns, providing legal resources, and advocating for political reforms.
Here, I want to present a simple comparison between the cases of Julian Assange and Durov. Julian Assange, founder of WikiLeaks, was arrested and faced charges related to leaking confidential information. While some considered him a hero for exposing corruption, others viewed him as a criminal for leaking sensitive information. In Durov's case, the issue is about protecting data on a large scale, making him a target for regimes seeking to control information and communication. While Assange was accused of leaking national security information, Durov is fighting to maintain digital privacy and freedom.
With increasing restrictions and surveillance, centralized data applications face significant threats. These applications rely on storing information in specific locations, making them susceptible to censorship and bans. In contrast, decentralization offers a potential solution to censorship problems by distributing data and information across a wide network of users rather than relying on centralized servers. This can help enhance privacy and reduce threats associated with surveillance.
Since decentralization offers alternative solutions to censorship and centralized technologies, communities advocating for decentralization need to support these initiatives. This includes using decentralized applications, developing new technologies, and supporting policies that encourage innovation and protect privacy. In the face of current challenges, communities bear a significant responsibility in defending digital rights and protecting freedom of expression. This requires raising public awareness, pressuring governments to reform laws, and supporting individuals and companies striving to maintain privacy and data freedom.
The challenges facing freedom of expression and privacy in the modern age require effective responses from individuals and communities. It is essential to stand together against censorship and the new dictatorship and support initiatives that enhance freedom of expression and data protection. This requires ongoing sacrifices and efforts to uphold fundamental rights and confront repression in all its forms.
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-25 16:45:27
# worst code ever
```js
for (const lesson of processedLessons) {
let savedLesson;
if (lesson.unpublished) {
const validationResult = validateEvent(lesson.unpublished);
if (validationResult !== true) {
console.error('Invalid event:', validationResult);
showToast('error', 'Error', `Invalid event: ${validationResult}`);
return;
}
const published = await lesson.unpublished.publish();
savedLesson = await handlePostResource(lesson.unpublished);
if (published && savedLesson) {
const deleted = await axios.delete(`/api/drafts/${lesson.d}`);
if (deleted && deleted.status === 204) {
const savedLesson = await handlePostLesson(lesson);
if (savedLesson) {
createdLessons.push(savedLesson);
}
}
}
} else {
const savedLesson = await handlePostLesson(lesson);
if (savedLesson) {
createdLessons.push(savedLesson);
}
}
}
```
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 23:57:19
asdasdasdsad
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 23:54:44
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/clGgymry998&pp=ygUcZmFyIGNyeSAzIHppZ2d5J3MgbW9kIHJldmlldw%3D%3D" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 23:52:38
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/JAQuukInxFg&pp=ygUcZmFyIGNyeSAzIHppZ2d5J3MgbW9kIHJldmlldw%3D%3D" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 23:33:51
# test
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 23:29:20
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/Nn2uIoUUf7Q&pp=ygUcZmFyIGNyeSAzIHppZ2d5J3MgbW9kIHJldmlldw%3D%3D" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 23:26:03
# hello draft
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 23:25:25
```sql
model Lesson {
id String @id @default(uuid())
courseId String?
course Course? @relation(fields: [courseId], references: [id])
resourceId String?
resource Resource? @relation(fields: [resourceId], references: [id])
draftId String?
draft Draft? @relation(fields: [draftId], references: [id])
index Int
createdAt DateTime @default(now())
updatedAt DateTime @updatedAt
}
```
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 23:11:52
```sql
model Lesson {
id String @id @default(uuid())
courseId String?
course Course? @relation(fields: [courseId], references: [id])
resourceId String?
resource Resource? @relation(fields: [resourceId], references: [id])
draftId String?
draft Draft? @relation(fields: [draftId], references: [id])
index Int
createdAt DateTime @default(now())
updatedAt DateTime @updatedAt
}
```
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 23:07:08
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/Xy4LfL2gxKY" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 23:02:46
```js
<h1 className='text-4xl mt-6'>{draft?.title}</h1>
<p className='text-xl mt-6'>{draft?.summary}</p>
{draft?.additionalLinks && draft.additionalLinks.length > 0 && (
<div className='mt-6'>
<h3 className='text-lg font-semibold mb-2'>Additional Resources:</h3>
<ul className='list-disc list-inside'>
{draft.additionalLinks.map((link, index) => (
<li key={index}>
<a href={link} target="_blank" rel="noopener noreferrer" className='text-blue-500 hover:underline'>
{new URL(link).hostname}
</a>
</li>
))}
</ul>
</div>
)}
<div className='flex flex-row w-full mt-6 items-center'>
```
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 22:00:14
```js
import React, { useState, useEffect, useCallback } from "react";
import axios from "axios";
import { InputText } from "primereact/inputtext";
import { InputNumber } from "primereact/inputnumber";
import { InputSwitch } from "primereact/inputswitch";
import { Button } from "primereact/button";
import { useRouter } from "next/router";;
import { useSession } from "next-auth/react";
import { useToast } from "@/hooks/useToast";
import { useNDKContext } from "@/context/NDKContext";
import { NDKEvent } from "@nostr-dev-kit/ndk";
import dynamic from 'next/dynamic';
const MDEditor = dynamic(
() => import("@uiw/react-md-editor"),
{
ssr: false,
}
);
import 'primeicons/primeicons.css';
```
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 21:59:48
```js
import React, { useState, useEffect, useCallback } from "react";
import axios from "axios";
import { InputText } from "primereact/inputtext";
import { InputNumber } from "primereact/inputnumber";
import { InputSwitch } from "primereact/inputswitch";
import { Button } from "primereact/button";
import { useRouter } from "next/router";;
import { useSession } from "next-auth/react";
import { useToast } from "@/hooks/useToast";
import { useNDKContext } from "@/context/NDKContext";
import { NDKEvent } from "@nostr-dev-kit/ndk";
import dynamic from 'next/dynamic';
const MDEditor = dynamic(
() => import("@uiw/react-md-editor"),
{
ssr: false,
}
);
import 'primeicons/primeicons.css';
```
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 21:27:00
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/div>" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
-
![](/static/nostr-icon-purple-64x64.png)
@ dd664d5e:5633d319
2024-08-24 07:57:16
# We can talk about something else, now.
Making boosts/quotes the primary way new users find a variety of topics is a fundamental flaw. We don't need boosts (which merely results in the main trending list trending even harder, as people feel safer boosting something that is already popular), and hashtags have become the mess they naturally will become.
## We need topical forums and relay-based community boards.
This would actively encourage those of us who want to write on OtherTopics to write more on them, as we would have some chance of the material being found by those interested in it. And it would spare us having to win some general popularity contest, just to be able to converse about golfing, Hinduism, or veganism.
Scrollable "timeline" feeds, even with AI assistance (like DVMs), don't accomplish this as well, as they eliminate the ability to skim the top-level and selectively read. You have to scroll, scroll, scroll.
It would also reduce the overloading of the original posts with videos, which is starting to give Nostr a Tik-Tok vibe. There's nothing wrong with that, per se, and we should probably have clients like that, but it makes life hard for anyone who wants to have a deeper discussion. People scrolling have trouble even "seeing" a text-based OP, but using the written word is a true signal to the other people, that you are capable of carrying a conversation through text.
## Examples for other styles of client
(I am including the Communities in Nostrudel and Satellite, even though they don't yet work, effectively.)
Some of the things that set these clients apart, is that:
1. they are topic-first or thread-first, not person-first,
2. they sometimes allow voting (I suppose we could rank by zaps),
3. they often allow the user to override the default order and simply look at whatever is newest, most popular, or where their friends are currently active (i.e. they allow for easy sorting and filtering),
4. they cap the depth of threads to one or two levels, keep the indentation tiny, or offer a "flat" view,
5. they are primarily text-based (Reddit broke with this and now their main pages look really spammy),
6. they allow you to see all of the entries in the thread, at once, and simply actualize to display the entries that pop up in-between,
7. they often have some indication of what you have already read (this is application data) and allow you to sort for "stuff I haven't looked at, yet".
https://i.nostr.build/uCx5YKMOsjhKBU5c.png
https://i.nostr.build/hMkm2oKpos0pWaV9.png
https://i.nostr.build/mGQONMw5RC8XKtph.png
https://i.nostr.build/TCSkG1bPuMOL0jja.webp
https://i.nostr.build/3fLjCSNdtefiZmAH.png
https://i.nostr.build/BHgo7EKTK5FRIsVl.png
-
![](/static/nostr-icon-purple-64x64.png)
@ 91687725:a0de48ea
2024-08-24 05:40:14
こんにちは。Kateです。
最近ちょっとお休みしていますが、日本でビットコインを専門に扱う[Diamond Hands Magazine](https://diamondhandscommunity.substack.com/)に寄稿したりしてます。
私がビットコインと出会ったのは2011年、まだビットコイン利用者はとても少なかった時代です。たまたま身内にビットコイン界隈の人がいました。もしかしたら今でいうビト妻だったかも?
まだビットコインが1ドル以下でおもちゃみたいな存在だった頃に知ったわけですが、その後勢いづいて、100ドル、1000ドルと価値が上がっていきました。
それを見て、ビットコインを少しずつ買って貯めておけば、将来リタイヤの蓄えになるかもと思ってお小遣い程度のビットコインを積立してました。でも、アクシデントで失くしちゃったんですよね。
その後、身内のごたごたで自分の生活が天地がひっくり返るように一変し、気がつけばカナダでただお金がないアジア系移民シングルマザー、しかも周りに家族が誰もいないという、非常にマイノリティな立場になりました。
人生、何事も経験。一度ビットコインを失くし、傷心もあり、数年はビットコインから離れました。でも気がつけばビットコインは冬の時代を終えて、また元気になっていたんですね。自分は海外でひとり子育てに追われ、なんとか生きてた感じですが!
ビットコインが500ドルくらいになっていた時に困窮していた私は、ふとペーパーウォレットと呼ばれた当時の携帯可能ウォレット?に0.5btc 残っていたのを発見して速攻換金しましたね。悔やまれます。
その後、2017年頃、カナダで当時大手の割と使い勝手のいい取引所があることを知って、再度ビットコイン貯蓄にチャレンジしました。2年ほどで、ほぼ1ビットコインと10ETHくらいあったんですけどね、今度は取引所の代表者が行方不明になり、またもやビットコインを失くしました。
ふつうだったら、もうやめますよね。2回もなくしたら。
けれど、自分はかつてインターネットが始まったころのワクワクを経験していました。90年代半ば、新宿にできたばかりのインターネットカフェで、GIFがかろうじて表示できるグレーのブラウザ画面と対面しました。世界を変える技術を体験した時の感動は今でも忘れられません。
(こう書くと立派なオバサンなのがバレちゃいますね。ビットコインネイティブ世代の中では年長者)
それから15年以上たって、初めてサトシナカモトのホワイトペーパーを読んだ時に、同じ衝撃を受けたのです。初めて実用化されたインターネット上で世界の誰とでも送り合えるマネー。その可能性は無限∞。
そのビットコインの進化を、実際に買ってみたり、使ってみたり、なくしたりしつつ、より深く知ろうと付き合ってきた自分は、いつの間にかビットコインを通して世の中のいろいろを見て考えるようになりました。
ビットコインが生まれ、実験段階を経て、すでに15年が経ちます。けれども、ビットコインは今でも多くの人から最も誤解されている技術・発明のように見えます。ここまで来たら、自分が生きている間に、ビットコインが世界とどう関わっていくのか見届けたいと思います!
そして、私自身がビットコインを知ることで発見した世界や新しい価値観を、誰かに伝えられたらいいなと願って、このブログをスタートすることにしました。
今回は自己紹介という形になりましたが、私がビットコインを通して学んだことや気づいたことをこれから少しづつアップしてみます!
週1くらいのペースで投稿が目標です。よろしくお願いします。
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 00:10:45
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/858xjX2VN_I" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-24 00:08:51
```js
import React, {useEffect} from "react";
import Image from "next/image";
import { useImageProxy } from "@/hooks/useImageProxy";
import { formatUnixTimestamp } from "@/utils/time";
import { Button } from "primereact/button";
const ContentDropdownItem = ({ content, onSelect }) => {
const { returnImageProxy } = useImageProxy();
return (
<div className="w-full border-t-2 border-gray-700 py-4">
<div className="flex flex-row gap-4 p-2">
<Image
alt="content thumbnail"
src={returnImageProxy(content?.image)}
width={50}
height={50}
className="w-[100px] h-[100px] object-cover object-center border-round"
/>
<div className="flex-1 max-w-[80vw]">
<div className="text-lg text-900 font-bold">{content.title}</div>
<div className="w-full text-sm text-600 text-wrap">{content.summary}</div>
<div className="text-sm pt-6 text-gray-500">
{content.published_at ? `Published: ${formatUnixTimestamp(content.published_at)}` : "not yet published"}
</div>
</div>
<div className="flex flex-col justify-end">
<Button label="Select" onClick={() => onSelect(content)} />
</div>
</div>
</div>
);
};
export default ContentDropdownItem;
```
-
![](/static/nostr-icon-purple-64x64.png)
@ 4dbfcb7c:eb8d1695
2024-08-23 22:38:01
![](https://image.nostr.build/42472c0f56eabe204a74d071e82e1cdf3573d53e88e4fd4e1d62740b0cc0bdac.png)
(Forwarded from Blueghost05)
>"I just watched a Tech Hut video about nala, an apt replacement/enhancer. It adds a lot of helpful information about one's apt adventures and looks nice too."
\
Here's [Tech Hut's video](https://odysee.com/@TechHut:1/nala-is-apt-but-way-better:3):
\
Here's [a link to get nala](https://gitlab.com/volian/nala). Scroll down the page to learn about it and pick up the terminal commands to install it under the # Installation section."
-- Blueghost05
You can install it with these 3 commands:
```
echo "deb [arch=amd64,arm64,armhf] http://deb.volian.org/volian/ scar main" | sudo tee /etc/apt/sources.list.d/volian-archive-scar-unstable.list
wget -qO - https://deb.volian.org/volian/scar.key | sudo tee /etc/apt/trusted.gpg.d/volian-archive-scar-unstable.gpg > /dev/null
sudo apt update && sudo apt install nala
```
Judging from the logo, the "Nala" name, and the "Scar" repository, it seems the Nala projects derive its name from "[The Lion King](https://www.themoviedb.org/movie/8587-the-lion-king)" movie. 😂😂
⚡️ [Follow](nostr:npub1fkluklzamwpyn7w8awxzrcqe7z8mldlvthk4gz9kz3vsh6udz62s9qj48l) | 🗣 [Discuss](nostr:nevent1qqsyle9lxzgt5zvd84yhvcdgm7mtthuva2fn076nhzd6qaxd4jyudzqzypxmljmuthdcyj0ecl4ccg0qr8cgl0aha3w764qgkc29jzlt35tf2qcyqqqqq2q4hy6hy)
#Nala #Apt #SudoApt #Linux #Terminal #Apptitude
-
![](/static/nostr-icon-purple-64x64.png)
@ 35f3a26c:92ddf231
2024-08-23 20:45:37
#### What is Bitaxe?
![](https://m.stacker.news/47758)
Bitaxe is an open source ASIC (Application-Specific Integrated Circuit) Bitcoin miner that has been making waves in the cryptocurrency community. This innovative project aims to empower miners at every level with powerful, efficient, and **low-cost** mining solutions.
It is a fully open source ASIC Bitcoin miner developed by Skot9000, an advocate for open-source innovation in the Bitcoin space.
With all software and hardware specs available on GitHub, this project aims to provide miners with a transparent and accessible platform for Bitcoin mining.
![](https://m.stacker.news/47759)
#### **Pros**
1. **Open Source**:
The Bitaxe is fully open source, allowing users to access and modify its source code, hardware designs, and build gerbers for PCB ordering.
2. **Low Cost**:
Bitaxe offers low-cost solutions for miners, making it an attractive option for those looking to enter the world of Bitcoin mining without breaking the bank.
3. **Efficient**:
The Bitaxe series is designed to be power-efficient, utilizing either the Bitmain BM1387 or BM1397 ASICs for SHA256 hashing.
#### **Cons**
1. **Technical Complexity**: Being an open-source project, users are required to be technically savvy to set up and maintain the miner, which could pose challenges for those without experience.
3. **Bricking Potential**:
Like any complex technology, there is a risk of bricking (rendering the device unusable) the Bitaxe if not handled properly.
#### **Summary**
The Bitaxe represents an exciting development in the world of Bitcoin mining, offering a low cost, efficient, and open-source solution for miners. While it may present some challenges for users who are new to the technology or lack technical expertise, the potential benefits far outweigh these drawbacks. As the project continues to evolve and gain traction, we can expect to see further improvements in performance, accessibility, and innovation within the Bitcoin mining landscape.
#### Where can I get more information
Go to their Github page:
https://github.com/skot/bitaxe
originally posted at https://stacker.news/items/659572
-
![](/static/nostr-icon-purple-64x64.png)
@ f8e6c643:03328ca9
2024-08-23 16:15:50
Quality, authentic, original human artistic expression is always in demand. It has always been in demand, and it will continue to be in demand even beyond the age of AI. The internet today calls it “content.” It is how we seek to encapsulate and communicate ideas more richly, and it comes in various forms including written, audio, and visual.
Anyone who creates content in any form knows that it is time consuming and costly to create and produce good content, especially to do so consistently. However, because of digital distribution methods, once released that content that was so costly to create is suddenly infinitely RE-producible with perfect fidelity for very little cost. The conundrum for artists/creators is that even though the demand for their work exists, and even though that work is costly to create, each final product they produce is infinite in supply as soon as they release it in digital form. Infinity has no value.
Starting with the presumption that demand exists for art, and that it is reasonable for an artist to want to afford things like food, housing, and clothes, how do you make the work of creating content economically sustainable for those creating it? We find value in scarcity, and the scarce resources in the equation of content creation are ultimately the time, talent, and skill of the person doing the creating.
People often want what a particular artist can produce. Perhaps it’s the artist’s skill, style, and precision; or perhaps it’s the artist’s particular interpretation and personality they find valuable. The skill, time, and talent/personality employed to create artistic expressions are valuable, and their supply cannot be easily reproduced/replicated even though the individual manifestations of them (the works of art) can be. This is, ultimately, what creators must figure out how to monetize if they are to make their work economically sustainable.
So how much is an artist’s skill worth? How much is their time or their talent worth? How do you put a price tag on personality? Probably nobody, especially the artist, can really answer that objectively. However, with #value4value the consumers of an artist’s content can subjectively and individually decide for themselves how much it is worth to them.
Nostr and Bitcoin give creators of every type of content the opportunity to directly own and control the distribution and monetization of their time, skill, and talent, more so than any other service or platform on the Internet. The #value4value approach to monetizing that content allows consumers to immediately have access to a creator’s work, and to individually place a subjective value on what it provides to them. The approach allows artists to focus on the work of creating art and building a reputation and relationship with their audience instead of worrying about how to control access to their work. And by using Nostr and Bitcoin, this approach allows artists to be free of the arbitrary rules and manipulation they face on other corporate ad-driven platforms.
If you are a digital content creator, I think #value4value is worth giving a chance. The alternatives are increasingly less promising.
-
![](/static/nostr-icon-purple-64x64.png)
@ e968e50b:db2a803a
2024-08-23 14:19:39
Recently there's been more talk about unrealized capital gains taxes and all of the second order implications. Specifically, the concern is about illiquid assets and people having to sell their homes to pay for the unrealized capital gains taxes on their homes.
I predict the next step in the whac-a-mole scenario will be a suggestion that real estate become a specific exception to the proposed unrealized capital gains taxes. Of course, this would be a horrible idea, because it would make real estate the only safe haven for investors and would drive home prices through the roof. No normal people will be able to buy their own homes and no one will feel invested in their community. The normal [predicted results](https://www.youtube.com/watch?v=q0POXW4V1_k) will play out.
You heard it here first!
<sub>Here's a pic of my first home. I bought it in 2005 for $70,000 with $3000 down. I sold it in 2015 for $70,000. According to the internet, it just sold this February for $165,000.</sub>
![](https://m.stacker.news/47690)
originally posted at https://stacker.news/items/659073
-
![](/static/nostr-icon-purple-64x64.png)
@ a30cdfee:2d2f97ff
2024-08-23 06:11:01
# Mempool.space: A Guide to Bitcoin Transactions
[mempool.space](https://mempool.space/) is a Bitcoin blockchain explorer and visualizer.
What features does it have and why should you use it?
## What Is "Mempool"?
"Mempool" is the "waiting room" for valid Bitcoin transactions.
If a Bitcoin user sends BTC, the transaction is first propagated throughout the network of nodes, which independently verify the transaction.
Once each node has verified the transaction, it will wait in the mempool in order to be picked up by a miner to be added to the Bitcoin blockchain.
Miners are incentivized to pick transactions with the highest fees attached to them.
## A Software to Help Optimize Miner Fees
The standard quantification for Bitcoin fees is "satoshis per virtual byte", often expressed as "sats/vB" or "sats/vByte", effectively sats per amount of data transferred.
A transaction's size is not determined by how much BTC it transfers, but by how many inputs, outputs and signatures it has, and which address type it uses (e.g. Taproot, SegWit, legacy etc.).
More intensive transactions, e.g. opening a Lightning channel would cost more.
Mempool.space can help Bitcoin users optimize how much they pay in miner fees when interacting with the Bitcoin blockchain.
Every sat will count in the future, so try to avoid overpaying for fees!
## Visualize Your Bitcoin Experience!
Mempool.space provides real-time transaction tracking and mempool visualization.
For example, if you need a transaction to go through urgently on the Bitcoin blockchain, you can see how many sats/vB you should pay to get into the next block.
![](https://m.stacker.news/47422)
Purple blocks on the right are confirmed blocks with information about the fee rate (sat/vB), about when the block was produced, and the number of transactions in the block.
Green blocks on the left are projected blocks.
![](https://m.stacker.news/47423)
Fee estimations only work as a guide, and confirmed blocks might differ from projections.
In the search bar on the top right, you can copy/paste a tx ID to see its status in the mempool.
You can also paste e.g. a Bitcoin address to find information about it (e.g. balance).
![](https://m.stacker.news/47424)
Historical graphs can provide a 21,000 feet view on e.g. fees, hashrate etc.
![](https://m.stacker.news/47425)
The mining dashboard provides stats and visualizations about the status of Bitcoin mining.
![](https://m.stacker.news/47426)
There is also a dashboard for the Lightning Network with info about nodes and channels.
![](https://m.stacker.news/47427)
Mempool.space also supports Bitcoin testnets and the [Liquid Network](https://liquid.net/) sidechain @liquid.
![](https://m.stacker.news/47428)
The open-source software is integrated with many wallets, mining pools and exchanges.
## Host It Yourself If You Want With Raspberry Pi!
You can also host it yourself as a 1-click installation on Raspberry Pi full node distros such as e.g. [Umbrel](https://umbrel.com/), [Start9](https://start9.com/), or [RaspiBlitz](https://www.raspiblitz.org/).
If you're mining with a pool, you can use mempool.space to audit your pool whether there has been censorship or whether transactions had been prioritized.
Hosting the software yourself can also improve privacy if you're searching for a tx from a specific IP address etc.
Mempool.space was started in 2018 by @softsimon and wiz.
The software has no ads or 3rd party tracking.
It relies on community sponsorships.
Donors can get their avatars listed on the About page.
![](https://m.stacker.news/47429)
## Mempool Accelerator
Mempool.space recently launched its Mempool Accelerator product that can help you bump up the fee of your transaction if you want to get it to the next block.
The service can be paid with Lightning or fiat (Apple Pay, Google Pay, Cash App Pay).
The mempool.space software can also be found in unexpected places!
https://x.com/bitdriver_sv/status/1717345302561378376
![](https://m.stacker.news/47433)
# Additional Resources
Presentation by mempool.space CEO "wiz" at Bitcoin Nashville in July 2024:
https://www.youtube.com/watch?v=AFnDVL6uM_4
Tutorial by @IanM from 2021 (still relevant!):
https://www.youtube.com/watch?v=vMlofE_GU3k&t=1s
# Project Links
[Website](https://mempool.space/)
[X (Twitter)](https://x.com/mempool)
[GitHub](https://github.com/mempool)
[Nostr](https://njump.me/npub18d4r6wanxkyrdfjdrjqzj2ukua5cas669ew2g5w7lf4a8te7awzqey6lt3)
[YouTube](https://www.youtube.com/@mempool)
[BitcoinTV.com](https://bitcointv.com/c/mempool/videos)
[Matrix](https://matrix.to/#/%23mempool:bitcoin.kyoto)
originally posted at https://stacker.news/items/657963
-
![](/static/nostr-icon-purple-64x64.png)
@ e5272de9:a16a102f
2024-08-22 22:16:43
One of the highlights for me at the first day of nostriga [nostriga](https://nostr.world) was a [panel discussion on web of trust](https://www.youtube.com/live/Zv766SV840k?t=8265) with [@Stuart Bowman](nostr:npub1lunaq893u4hmtpvqxpk8hfmtkqmm7ggutdtnc4hyuux2skr4ttcqr827lj), [@Pip the social graph guy](nostr:npub176p7sup477k5738qhxx0hk2n0cty2k5je5uvalzvkvwmw4tltmeqw7vgup), [@PABLOF7z](nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft), [@hzrd149](nostr:npub1ye5ptcxfyyxl5vjvdjar2ua3f0hynkjzpx552mu5snj3qmx5pzjscpknpr), and [@ODELL](nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx). This to me is one of the most important topics in all of freedom tech, so I'd like to write up a few thoughts I had while they're still fresh on my mind, most of which revolve around the calculation of trust scores. Apologies if it's a bit long winded, don't seem to have the time to make it shorter.
## What do we use for raw data?
There has been and on again, off again discussion during my time working in nostr over the sources of data that we should be using to calculate trust. In my mind we can think of the raw data as existing on a spectrum between two extremes. On one extreme, we have what I call *proxy indicators* of trust: follows, mutes, zaps, reactions, etc. People don't create this content with trust scores in mind, but we can and do use them as imperfect proxy indicators nontheless. And on the other extreme we have what I call *explicit trust attestations*, exemplified by the [proposed NIP-77](https://github.com/nostr-protocol/nips/pull/1208), authored by [Lez](nostr:npub1elta7cneng3w8p9y4dw633qzdjr4kyvaparuyuttyrx6e8xp7xnq32cume), the heart and soul of which is that a fully explicit contextual trust attestation should have 3 fields: a context, a score, and a confidence. You fill in these fields, you say what you mean, and you mean what you say, leaving as little room for interpretation as possible. And then there is data that's in between these two extremes. A five star rating for a host on a couchsurfing platform or a vendor on an ecommerce site? A "superfollow" option in addition to a follow? These lie somewhere on the spectrum between proxy indicators on one end and explicit attestations of trust on the other.
During the panel today, Pablo and pippellia expressed the opinion that explicit trust attestations are not the way to go. Two reasons that I recall: first, that no one wants to put an exact number to trust; and second, that no one will update those numbers even if their assessment changes. These critiques have some merit to them. But I believe they miss the bigger picture.
# The bigger picture
In the real world, there are two ways I can communicate trust: I can SHOW you, or I can TELL you. I can *demonstrate trust through the actions that I take*, such as following someone, or I can just straight up tell you that I trust someone in some context.
So here's the question: on nostr, which is the correct method to communicate trust? Proxy indicators, or explicit attestations? Do we SHOW or do we TELL?
![](https://image.nostr.build/57acb261efc52bce2c88325bf9998be19faab5748fb4f99fb7c3dd6e26dbc738.png)
My view is that we don't have to pick. We have to use all relevant and available raw data across the entire spectrum from one extreme to the other.
![](https://image.nostr.build/8ad6ff044f13b8c79dd795c236f8f4b1fa95903ba1cca7e3f976de30de26990e.png)
Each of these two options has its advantages and its disadvantages. The advantage of proxy indicators is that users issue them freely and easily, the result being that we are awash in a sea of data. The primary disadvantage of proxy indicators is that they often don't mean what we want them to mean. If Alice follows Bob, does that mean she trusts him? Maybe. Or maybe not. More often not. And what about context? Do we have any way of knowing?
So we use proxy indicators as a trust indicators because ... if it's the best or maybe even the only data we have, what else are we gonna do?
To do better, I argue that we need to give users more options when it comes to issuing explicit indicators of trust. But of course they're not going to do that without a reason. So to give them a reason, we have to figure out *ahead of time* how we're going to use the data once it's available. We have to know how to incorporate explicit trust indicators into our web of trust calculations. For the sake of argument, let's assume that we have a large dataset of proxy trust indicators (SHOW ME data) plus a small but nontrivial dataset with explicit trust attestations (TELL ME data). What we want to do is to pool *all available relevant data together* when we calculate trust scores. But how exactly do we do that? Which brings me to my next topic.
## The calculation of trust scores
How are we even calculating the "web of trust scores" that we see today? Wikifreedia, Coracle, and a growing list of other clients have such scores. I wish I had seen more discussion in today's panel about HOW these calculation are performed. To the best of my knowledge, most clients use the same or a similar method: fetch my follows; fetch Bob's followers; calculate the set of users who are in both sets; and count up how many you get. Sometimes adjustments are made, usually a ding based on mutes. But usually, that's it. That's the WoT score.
I'll call this the "legacy WoT score" since it is basically the state of the art in nostr. The legacy WoT score can be a useful way to eliminate bots and bad actors. But it has a few disadvantages: it is, arguably, a bit of a popularity contest. It cannot see more than two hops away on your social graph. It's not very useful to new users who haven't yet built up their follows. And it's not clear how to use it to differentiate trust in different contexts.
It seems strange to me that so many clients use this single method to calculate WoT scores, but with relatively little discussion on the merits of this method as opposed to other methods. Or whether other methods even exist, for that matter.
Indeed, I believe there is another method to calculate trust scores that in most circumstances will turn out to be much more meaningful and useful. For the sake of this article, I will call this the "Grapevine WoT score" to distinguish it from the legacy WoT score. (Elsewhere I have used the phrase "influence score" in place of "Grapevine WoT score.")
The Grapevine method is (currently) based on follows and mutes, but calculated using a method entirely distinct from the legacy method, detailed [here](https://brainstorm.ninja/#/grapevine/influenceScore) (where it is called simply the "influence score"). The Grapevine method has several advantages over the legacy method, but one in particular on the topic of SHOW versus TELL: the Grapevine method can take multiple distinct classes of data following distinct formats and pool them together, synthesizing and distilling them into a single Grapevine WoT score. By choosing different datasets, different scores corresponding to different contexts can be generated.
## The future
So here's my prediction on how the future will play out.
1. The Grapevine method of trust score calculation is going to rely -- at first -- primarily on proxy indicators of trust (follows, mutes, zaps, reactions, etc) -- SHOW ME data -- because that’s the data that’s available to us in large quantities.
2. These contextual Grapevine scores will turn out to be surprisingly useful.
3. *People will learn to game the scores by changing their behavior.*
5. Consumers of trust data will gradually discover that SHOW ME data is becoming less and less reliable.
6. Authors of raw trust data will gradually learn that if they want their voices to be heard, they will need to communicate trust more explicitly. In ways that are harder to game. They will begin to move the needle ever so gradually towards TELL ME data.
7. Over time, larger datasets of TELL ME data will be available for input into Grapevine WoT scores.
8. As SHOW ME data becomes less reliable, and TELL ME data becomes more available, contextual Grapevine WoT scores will become more fine grained in terms of context and more reliable.
Of course, none of this will happen unless and until we start calculating Grapevine WoT scores and putting them to good use. To that end, several of us are working on the generation of these scores at [brainSToRm](https://brainstorm.ninja). Right now, it's a slog to download the data to the browser. But we're working on improving the UX. And if you make it through the slog, you can export a NIP-51 list of the top-scoring pubkeys, minus the ones you're already following, and use them at clients like Amethyst or Coracle to generate a feed of content coming from the most highly "trusted" users whom you're not already following. A feed that is CUSTOMIZED by YOUR Grapevine.
So there you have it, my defense of explicit trust attestations.
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-22 22:06:11
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/E2sc9PK2RWg" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-22 22:06:00
```js
datasource db {
provider = "postgresql"
url = env("DATABASE_URL")
}
generator client {
provider = "prisma-client-js"
}
model User {
id String @id @default(uuid())
pubkey String @unique
username String? @unique
avatar String?
purchased Purchase[]
courses Course[]
resources Resource[]
courseDrafts CourseDraft[]
drafts Draft[]
role Role? @relation(fields: [roleId], references: [id])
roleId String?
createdAt DateTime @default(now())
updatedAt DateTime @updatedAt
}
model Role {
id String @id @default(uuid())
subscribed Boolean @default(false)
users User[]
}
model Purchase {
id String @id @default(uuid())
user User @relation(fields: [userId], references: [id])
userId String
course Course? @relation(fields: [courseId], references: [id])
courseId String?
resource Resource? @relation(fields: [resourceId], references: [id])
resourceId String?
amountPaid Int
createdAt DateTime @default(now())
updatedAt DateTime @updatedAt
}
model Course {
id String @id
userId String
user User @relation(fields: [userId], references: [id])
price Int @default(0)
resources Resource[]
purchases Purchase[]
noteId String? @unique
createdAt DateTime @default(now())
updatedAt DateTime @updatedAt
courseDraft CourseDraft?
}
model Resource {
id String @id // Client generates UUID
userId String
user User @relation(fields: [userId], references: [id])
course Course? @relation(fields: [courseId], references: [id])
courseId String?
courseDraft CourseDraft? @relation(fields: [courseDraftId], references: [id])
courseDraftId String?
price Int @default(0)
purchases Purchase[]
noteId String? @unique
createdAt DateTime @default(now())
updatedAt DateTime @updatedAt
}
model Draft {
id String @id @default(uuid())
userId String
user User @relation(fields: [userId], references: [id])
type String
title String
summary String
content String
image String?
price Int? @default(0)
topics String[]
createdAt DateTime @default(now())
updatedAt DateTime @updatedAt
courseDraft CourseDraft? @relation(fields: [courseDraftId], references: [id])
courseDraftId String?
}
model CourseDraft {
id String @id @default(uuid())
userId String
user User @relation(fields: [userId], references: [id])
resources Resource[]
drafts Draft[]
title String
summary String
image String?
price Int? @default(0)
topics String[]
createdAt DateTime @default(now())
updatedAt DateTime @updatedAt
course Course? @relation(fields: [courseId], references: [id])
courseId String? @unique
}
```
-
![](/static/nostr-icon-purple-64x64.png)
@ 504b9774:b00545df
2024-08-22 17:35:01
These are the questions I have surrounding #Bitcoin.
#asknostr
I have read through more than set of documentation but the details are starting to get fuzzy. My goal for now is to purchase Bitcoin and keep it safe and know how to recover it if something happens to the wallet it's in. I can keep learning more later.
I posed these questions to another group, but I had to ask twice and the answers I received were not detailed (in other words, outside of saying "Yes" to question 1, my questions below weren't really answered.)
1. Is it true that as along as I have my passphrase that I can import the funds of the first application to a second, completely different application?
2. Which hardware wallet is best for Bitcoin only? Bitbox, Ledger Nano S, Trezor Safe 5, or something else? Should I buy one or two? I opened a Phantom wallet for now. Ledger Nano S works with that one, but I heard there might be security issues with it? The reviews I've read online seem conflicting. I have a USB-c port on the laptop.
3. Is all Bitcoin purchased with a debit card attached to a fiat bank considered KYC Bitcoin or just the BTC purchased through exchanges?
4. Has anyone purchased more than 1k w/a debit card from Phantom and then be able to move that to another wallet without issue?
5. If I'm presented with multiple payment options for using a debit card (in any wallet) when buying more BTC, should I always choose moon or moon pay?
6. Should I move over to Strike if I will be purchasing regularly?
7. What happens to the bitcoin if the hardware wallet never turns on again?
I also read about non-KYC BTC but those websites just were kind of overwhelming and confusing. I've read some basic documents/articles on Bitcoin from a few folks on Nostr and from the web plus a few other things, but the material combined doesn't really answer the questions I have above.
Also - please do NOT zap this article/post because my node is down and disconnected again.
Thank you all.
-
![](/static/nostr-icon-purple-64x64.png)
@ e968e50b:db2a803a
2024-08-22 16:04:25
If you're anything like me, unclaimed bounties make you just feel itchy. Here are two of mine:
https://stacker.news/items/631044/r/jasonb
https://stacker.news/items/535185/r/jasonb
You can claim them both by visiting [nostrminusnostr](https://nostrminusnostr.vercel.app/) and then following the instructions in the post. Today is technically a zapathon day*, so I'm sharing again today incase someone wants to claim the zapathon one.
https://nostrminusnostr.vercel.app
*I'm not sure that's even really a thing anymore. Either way, if you call down the thunder, take a pic and let me know and you can get those sats back if you're the first one to do it
originally posted at https://stacker.news/items/658270
-
![](/static/nostr-icon-purple-64x64.png)
@ 7175188c:6382a72c
2024-08-22 14:02:30
@Alby is there a way to recover my funds without opening another channel? Where's my savings account? I didn't find it
![](https://m.stacker.news/47470)
![](https://m.stacker.news/47468)
![](https://m.stacker.news/47472)
I don't wanna open another channel. It's too expensive and I fear losing my funds again
![](https://m.stacker.news/47469)
originally posted at https://stacker.news/items/658124
-
![](/static/nostr-icon-purple-64x64.png)
@ a619eb76:11d75935
2024-08-21 23:22:06
whats the funniest insult in your opinion? and please provide context as to why.
for me, i cant help but laugh at the insult 'bitch boy'. reason being...my mom, who never swuares, referred to a kid i was kind of friends with in high school that also kinda sucked as a 'little bitch boy'. it really showed in hind sight how much she hated me hanging out with that friend ( and she was right! friendship crumbled cuz the dude sucked hahah), totally caught me off guard at the time but now i cant help but laugh at the insult 🙂
ehat about yall?
originally posted at https://stacker.news/items/657534
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-21 21:37:35
<div style="position:relative;padding-bottom:56.25%;height:0;overflow:hidden;max-width:100%;"><iframe src="https://www.youtube.com/embed/NR_2KJZi3Ac" style="position:absolute;top:0;left:0;width:100%;height:100%;border:0;" allowfullscreen></iframe></div>
-
![](/static/nostr-icon-purple-64x64.png)
@ 8cb60e21:5f2deaea
2024-08-21 21:37:35
# hello world
-
![](/static/nostr-icon-purple-64x64.png)
@ a005da43:e6bf3b09
2024-08-21 19:56:24
fdsafdsafdsafdsa
originally posted at https://stacker.news/items/459392
-
![](/static/nostr-icon-purple-64x64.png)
@ a005da43:e6bf3b09
2024-08-21 19:55:23
fsdafdsafdsa
originally posted at https://stacker.news/items/459391
-
![](/static/nostr-icon-purple-64x64.png)
@ a005da43:e6bf3b09
2024-08-21 19:48:24
fsdafdsafdsa
originally posted at https://stacker.news/items/459390
-
![](/static/nostr-icon-purple-64x64.png)
@ a005da43:e6bf3b09
2024-08-21 19:47:26
fsdafdsafdsa
originally posted at https://stacker.news/items/459389
-
![](/static/nostr-icon-purple-64x64.png)
@ e968e50b:db2a803a
2024-08-21 19:15:09
[STACKERMAN](https://stackerman.onrender.com/)
![](https://m.stacker.news/47337)
Hey, I just did this [tutorial](https://zbd.dev/courses/build-bitcoin-game) that ZBD made to teach you how to integrate their api into games. This one is obviously just me trying a little harder to get sued by sn. Soon though...I'm going to see if I can actually make a pro game! Woot!
In the meantime, [tear down that paywall](https://www.youtube.com/watch?v=WX00QkvK-mQ) and get some sats playing [STACKERMAN](https://stackerman.onrender.com/). You can play as a rootin' tootin' cowboy or a node runnin' educatin' swearin' up a storm space wizard. Of course, the npcs are the feds.
![](https://m.stacker.news/47340)
Tag me if the account runs out of sats and I'll try to top it off. I'm hoping that the paywall can cover the payouts though. Also note that you need at least 10 sats to cash out.
originally posted at https://stacker.news/items/657266
-
![](/static/nostr-icon-purple-64x64.png)
@ 6ad3e2a3:c90b7740
2024-08-21 17:42:18
When I used to pick NFL games against the spread for [RotoWire](https://www.rotowire.com/), I would joke after a bad week that my picks were perfect, but it was the games that got themselves wrong.
I’ve touched on this concept quite a bit here too — [But My Process Was Good](https://www.chrisliss.com/p/but-my-process-was-good) and [Why Blake Snell Should Win The NL Cy Young Award This Year](https://www.realmansports.com/p/why-blake-snell-should-win-the-nl) both highlight the category error of speciously applying tools of prediction toward the past. Tldr: the past is in no need of predicting because it already happened.
The error stems in part from mistaking the map for the territory — once the forecasts are substituted for reality itself, the future has already happened, so to speak — it’s right there on the spread sheet! — so it is no different than the past which has also already happened. So any tool that can be applied to the future can equally be applied to the past.
This is how we get [Sam Harris arguing that mRNA shot mandates were correct](https://x.com/KanekoaTheGreat/status/1615951624882782209?s=20) because covid *could have been* more deadly (and implicitly that the shots could have been safe and effective.) It’s one thing to model a possible future (with the requisite humility your forecasts might be off base), and quite another to force your failed model onto past events as though they were still in any doubt.
If this is confusing, that’s because a lot of us have been so trained to think this way we don’t even notice we’re doing it. Examples are legion where we identify what we deem an optimal process to achieve a desired result, then substitute that process for that result.
If the local police department believes it needs to arrest 50 people per month to reduce violent crime and incentivizes its officers to make those arrests, pretty soon arrests will be the goal, and people will get arrested for more and more non-violent offenses to make the quota.
If mass-vaccination is believed to be the key to good public health policy, then authorities will incentivize uptake, disincentivize bodily autonomy and not care one bit whether a person had prior immunity from the virus already, if the injection actually stops the spread or has myriad serious side effects. If the result (public health) were still the goal, the idea of forcing someone with natural immunity to inject himself with an experimental technology [would be ludicrous](https://x.com/goddeketal/status/1708104013936222641?s=20). But once the goal shifted to the process (mass vaccination), it made perfect sense.
Once we substitute the process by which we achieve something for the achievement itself (which might temporarily be sound, if you’re, say, training for a marathon), we create distortions in our thought processes and policies.
But I want to go back to where the bait and switch of process and result gets most absurd, and that’s when it comes to time. In this case, you’re not arresting jaywalkers to make your quota, you’re lamenting that had jaywalking correlated better with domestic violence, your policy would have been the correct one.
In other words, you’re not only substituting the process for the result in a forward-looking way, you are doing so even though you now have complete access to the result because it has already happened. And yet you are still grasping via your spread sheet for some other reality that might have been!
You do not need to forecast events that have already happened. The probability of the Chiefs winning the Super Bowl last year is 100 percent. We no longer need your tools to tell us how much to bet on them. The game is over, and whatever we believed the probability to have been before the fact is irrelevant.
That’s why I wrote about [Blake Snell’s Cy Young Award case](https://www.realmansports.com/p/why-blake-snell-should-win-the-nl) — despite Snell allowing 42 percent fewer runs on his watch than Spencer Strider — people are still arguing for Strider because the way Strider pitched *portended* fewer runs allowed than Snell. It is not enough for them that the results (runs allowed) are already in. They argue that because Strider’s profile forecasts a better result than Snell’s, Strider should win. Or, put differently, had we simulated 1000 seasons for each, Strider’s would on average be better. They are upset Snell got “lucky” as though reality must be stripped of all the effects for which we can’t attribute to particular causes and normalized in order to fit our model.
. . .
Mistaking the past for the future is one form of this category error, but it can also happen in reverse wherein one mistakes the future for the past. You see it when people treat future events at fait accompli and proceed as such. The notion of talking past the sale, e.g., if the car salesman says: “You’ll love this car and be thanking yourself for saving so much money on gas!” he’s treating your possible future agreement on a price as something that’s already happened.
People also do this to avoid responsibility, pretending as though there’s nothing one can do about some injustice or that it’s too late to make amends for wrongdoing. They think and talk about the future as though it’s the past.
When our dog Oscar got poisoned from a particular kind of caterpillar ([Largata do Pinheiro](https://www.setubalambiente.pt/lagarta-do-pinheiro/)) last winter, we brought him to the hospital with his tongue swelling so much it was stuck outside his mouth. The hospital treated him for a day, saying they could only wait and see, and he might lose his tongue (to necrosis) and have to get put down.
We could have taken their approach of it not being in our hands, but instead we convinced them to let us break him out and took him to our holistic vet who sedated him, drained his salivary gland, massaged the tongue extensively with ozone and anti-bacterial herbs and sent him home with us that evening.
[Oscar](https://njump.me/nevent1qqst6clec39drun4k97xyqy4ln06t9uc9g09fpa5fg5zruee3hvw8mszyzyujjulkrquksyekd5dkv6hdzv2n5zjstv3thywa844gtl4qplksqcyqqqqqqgpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3vamnwvaz7tmzw33ju6mvv4hxgct6w5hxxmmdqyxhwumn8ghj7mn0wvhxcmmvqyt8wumn8ghj7un9d3shjtnwdaehgu3wvfskueqt46763) who is passed out on the sofa next to me as I type this, only lost about 10 percent of the tongue, but otherwise made a full recovery.
. . .
I’m not sure why people so easily mistake cause for effect, process for results, future for past and vice-versa. If I had to speculate I’d say when our emotions get involved, we go from logical thinking to association, and associations work in both directions — effects and causes are associated without regard for which is which.
The modus operandi of most advertising (and propaganda) is to seed associations in your mind between things it wants you to associate — it’s certainly not to convince you rationally which is a much more difficult task. Maybe the influencers, marketers and propagandists have simply found an angle they can exploit. Once those associations take hold, they can be powerful, and often no amount of rational argument will un-cement them.
But I think that’s only part of the story. The other part is how most of us have been educated, and that's to focus on process not results. To be “process-oriented” not stuck in “results-based thinking.” This is a mark of erudition, of belonging to a certain class of people who have mastered this lesson. The class who trusts in modelers, forecasters and data-scientists waiting at the ready to be of service to The Science, even if it means treating the future as though it’s already happened and the past as though it can be re-forecast according to their models, conjugating reality, as it were, in the wrong tense.
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@ 5d4b6c8d:8a1c1ee3
2024-08-21 15:29:03
I had something of an epiphany recently about needing to work for a cause I believe in, rather than just fiat mining. I was up all night thinking about the right fit and what my value proposition is.
You all have helped me realize that there's real interest in my perspective (thank you), so that's part of the proposition.
I was also reflecting on how limited the presence of most prominent libertarians is in the bitcoin ecosystem, despite the immense interest in their insights. That made me realize I can make at least a two-fold impact for a libertarian/free-market organization: my own content and integrating them into the bitcoin community.
This is the first draft of a letter I'm planning on sending to the Libertarian Institute, which is run by the great Scott Horton. I'd love your feedback on this letter. The aim of it is simply to pique their interest and generate a follow up conversation.
As it happens, the Libertarian Institute is based in Austin, so perhaps this will enable me to drop in on the SN HQ occasionally.
----------
Dear Libertarian Institute,
I'm reaching out to express my interest in joining your amazing institute. I’ve been following Scott’s work since 2007 and deeply admired the late Will Grigg’s articles. I believe I can add to the impressive scholarship you're already doing, while also helping you reach an audience that is very interested in your work and opening new fundraising opportunities.
I finished my economics PhD during the pandemic. Like most new graduates, I took what work was available, but now I’m looking to dedicate myself to spreading libertarianism and sound economics full-time. Some of my interests are economic geography (voting with your feet, jurisdictional arbitrage, secession, etc), political polarization, parallel institutions, bitcoin, and climate science. My academic training and research in those areas would give the Libertarian Institute another person to dissect the relentless stream of propaganda that comes out on those and other topics.
For my own sanity, I've been writing about libertarianism and economics at Stacker News, on the side, for the past couple of years. The positive reception to Rothbardian libertarianism and economics there has made me realize that our ideological camp is missing out on some low-hanging fruit. This site is part of the bitcoin ecosystem, where demand for Austro-libertarian thought is very high, but our scholars have a very limited presence.
I’ve found bitcoiners to be eager and willing to donate to those who are adding value in their spaces. I can help the Libertarian Institute establish itself as one of the intellectual pillars in this emerging libertarian community, both through my own contributions and by making your existing scholarship more visible there, as well as setting up the necessary technology to receive bitcoin donations and interact with their social media spaces.
I wish you all the very best. Thank you for your work. Hopefully, I'll have a chance to continue this discussion with you soon.
Sincerely,
Undisciplined (not how I plan to sign the real letter)
originally posted at https://stacker.news/items/657036
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@ 25191283:a4823315
2024-08-21 13:37:49
This is Olive Grove Eggs, a brand new site from Huevos del Olivar that's just getting started. Things will be up and running here shortly, but you can [subscribe](#/portal/) in the meantime if you'd like to stay up to date and receive emails when new content is published!
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![](/static/nostr-icon-purple-64x64.png)
@ eed76ece:afa98124
2024-08-21 09:28:39
เราขายส่ง ผลิต นำเข้า ส่งออก:
เสื้อเชิ้ตผู้ชาย 100% Cotton
ผ้าซารองชายหาด ไซส์เต็ม ไม่มีชายระบาย
หมวกเบสบอล 100% Cotton สไตล์แผง สายปรับได้
ปริมาณสั่งซื้อขั้นต่ำ 72 ชิ้น สินค้าคละประเภท
การขนส่งทางอากาศระหว่างประเทศ
DHL, FedEx, United Parcel Service
ตัวแทน ตัวแทนจำหน่าย ผู้จัดจำหน่าย ผู้นำเข้า ผู้ส่งออก ผู้ขายต่อ ผู้ค้า ผู้ค้าส่ง โดยเฉพาะใน
กัมพูชา: พนมเปญ เสียมเรียบ
ลาว: ตาโลตเซา เวียงจันทน์
ประเทศไทย: กรุงเทพฯ เชียงใหม่ พัทยา
สหรัฐอาหรับเอมิเรตส์ ดูไบ
เวียดนาม: ดานัง ฮานอย
กรุณาถามหาฉัน ริช
LINE @ Globalmerchant
https://globalmerchant.io/pages/thailand
originally posted at https://stacker.news/items/656681
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@ eed76ece:afa98124
2024-08-21 09:10:52
Ho Aloha Brand
Men's 100% Rayon Shirts.
Harmon code: 6205.30
Origin: Bangladesh.
Individually packed in clear re-sealable plastic bags.
Unit price prox 20,000 SATS each F.O.B. Honolulu.
Shipped DAP, via DHL, FedEx, Yamato Transport, United Parcel Service.
Payment: Discuss.
Link to website: https://www.hoalohawear.com
Agents, Importers, Re-Sellers, Wholesalers contact: Rich
originally posted at https://stacker.news/items/656675
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@ eed76ece:afa98124
2024-08-21 08:53:52
The two top best selling Hawaiian print hats back in stock.
100% Cotton.
Adjustable strap on back.
Adult size.
Origin: China.
Individually packed in clear re-sealable plastic bags.
Unit price prox 6,300 SATS each C.I.F. destination.
Based on MOQ specials.
Shipping, price includes air shipping Worldwide via DHL, FedEx, United Parcel Service.
Payment: Preferred Payment: Bitcoin.
Link to website: https://globalmerchant.io/products/assorted-hawaiian-themed-hats
Agents, Importers, Re-Sellers, Wholesalers contact: Rich
originally posted at https://stacker.news/items/656651
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![](/static/nostr-icon-purple-64x64.png)
@ eed76ece:afa98124
2024-08-21 08:38:28
Beach Sarongs 100% printed polyester.
Full Size.
Origin: India.
Individually packed in clear re-sealable plastic bags. 12 pieces per master pack. Both inner and outer packages have barcodes, ready for your point of sale system.
Unit price prox. 6,300 SATS each C.I.F. destination.
Shipping, price includes air shipping Worldwide via DHL, FedEx, United Parcel Service.
Ships from Honolulu.
Payment: Preferred Payment: Bitcoin.
Link to website: https://globalmerchant.io/collections/sarongs
Agents, Importers, Re-Sellers, Wholesalers contact: Rich
originally posted at https://stacker.news/items/656644
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![](/static/nostr-icon-purple-64x64.png)
@ eed76ece:afa98124
2024-08-21 08:28:31
These best sellers back in stock.
Men's 100% Cotton shirts, woven, NOT knitted.
Short sleeve, Coconut shell buttons, matching pocket, side splits.
Origin: India.
Individually packed in clear re-sealable plastic bags.
Size Range available: Small-3X.
Unit price 17,000 SATS each C.I.F. destination.
Shipping, price includes air shipping Worldwide via DHL, FedEx, United Parcel Service.
Payment: Preferred Payment: Bitcoin.
Link to website: https://globalmerchant.io/collections/mens-cotton-shirts
Agents, Importers, Re-Sellers, Wholesalers contact: Rich
originally posted at https://stacker.news/items/656637
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![](/static/nostr-icon-purple-64x64.png)
@ eed76ece:afa98124
2024-08-21 08:26:44
These best sellers back in stock.
Men's 100% Cotton shirts, woven, NOT knitted.
Short sleeve, Coconut shell buttons, matching pocket, side splits.
Origin: India.
Individually packed in clear re-sealable plastic bags.
Size Range available: Small-3X.
Unit price 17,000 SATS each C.I.F. destination.
Shipping, price includes air shipping Worldwide via DHL, FedEx, United Parcel Service.
Payment: Preferred Payment: Bitcoin.
Link to website: https://globalmerchant.io/collections/mens-cotton-shirts
Agents, Importers, Re-Sellers, Wholesalers contact: Rich
originally posted at https://stacker.news/items/656636
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@ 9dd283b1:cf9b6beb
2024-08-21 07:01:29
Yesterday, my daughter and I decided to play Monopoly, but instead of using Monopoly money, I thought it would be fun to use sats instead! Here’s how it went.
Preparation:
Here’s how I set up the game:
1 Zeus wallet connected to my node, with an open channel to WoS.
2 WoS wallets (1 for me and 1 for my daughter), each with a 0 balance to start.
Originally, I considered using Blink wallets, but the problem with Blink is that it displays the balance in EUR in a large font, while the sats balance is smaller. This isn’t ideal when you're playing Monopoly and want to treat 1 sat = 1 Monopoly dollar. So, we switched to WoS, where the sats balance is prominently displayed, with the EUR balance in a smaller font underneath.
In our version of Monopoly, each player starts with 1500 Monopoly dollars and earns 200 when passing GO. It was easy to follow this system using sats.
I installed WoS on my daughter’s phone and transferred 1500 sats from my Zeus wallet to her WoS wallet. I did the same for myself, so we both had a 1500 sat starting balance. I used Zeus as the "bank" and WoS as my player wallet on the same phone, but if you have an extra device or don’t trust the bank, you can separate them.
And yes, I know you can go fully non-custodial by setting up LNBits with Umbrel and using Blue Wallet on separate devices for each family member. However, that takes longer to set up, requires VPN connections for everyone, and seemed unnecessary for our casual game. In my setup, only the bank needed a VPN, which was simple and only took about 5 minutes.
Game:
The game got fun pretty quickly! Every time my daughter passed GO, she showed me her QR code with a sly smile, and the bank paid out her 200 sats with zero fees. Players also paid each other with zero fees.
Twice, WoS randomly charged a 1-sat fee when transferring from WoS to Zeus—once from my wallet and once from my daughter’s. To keep things fair, I had the bank reimburse those 2 sats.
We did run into one small issue: I needed to pay my daughter 200 sats for landing on her hotel, but since I only had exactly 200 sats left, WoS wouldn’t let me send it, even though it was a WoS-to-WoS transaction.
Conclusion:
At the (unofficial) end of the game—since it was getting late—my daughter had 2810 sats, and I had 1650 sats. At this point, each stop was costing between 300 and 600 sats, so I suppose the real end was near!
Overall, it was a smooth experience, and my daughter got quite comfortable with sending and receiving bitcoin, even though it was her first time doing so. She did show more interest in the EUR balance, but I’m sure she’ll come to appreciate the sats balance soon enough!
I highly recommend this as a fun way to introduce people to the Bitcoin Lightning Network. Most people already have a Monopoly game at home, and if you have a couple of spare devices, you can easily install WoS for everyone. (Perhaps not in the U.S. right now, but I’m not entirely sure on that front.)
Would definitely recommend trying it out!
![](https://m.stacker.news/47222)
originally posted at https://stacker.news/items/656614
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@ b0510a0c:12716ced
2024-08-21 06:03:43
# On April 24, 2012, Erik Voorhees changed everything about Bitcoin with the launch of Satoshi Dice:
a game that captivated users and intensified debates about Bitcoin's evolution and the network's ability to handle an increasing volume of transactions.
At that time, Satoshi Dice allowed thousands of players to bet on digital dice rolls, leading to a **MASSIVE** influx of transactions that filled the blocks of the blockchain.
![](https://m.stacker.news/47060)
## 📈 Success of Satoshi Dice:
Satoshi Dice achieved phenomenal success, attracting millions of users with its simplicity.
Players flocked in, bets piled up, and blocks filled up.
![](https://m.stacker.news/47066)
Erik Voorhees effectively leveraged Bitcoin's microtransactions, quickly saturating the blocks with these. This was a testament to the game's popularity, but also a source of tension within the community.
Within months, Satoshi Dice became the most popular service on the Bitcoin network, boosting its usage and virality.
Players appreciated the "provable fairness" aspect of the game, where they could verify the transparency and fairness of each bet.
## 🚫 Criticism and Controversy:
However, this success was not without criticism.
Many Bitcoin enthusiasts viewed the massive influx of transactions generated by the game unfavorably.
For them, these sometimes trivial transactions "spammed" the blockchain, clogging the blocks and increasing transaction fees for all users. Does this sound familiar?
The network, designed to handle about seven transactions per second, quickly reached its maximum capacity, causing validation delays and "high" fees.
![](https://m.stacker.news/47067)
## ⚔️ BlockSize Wars:
The BlockSize wars, which took place mainly between 2016 and 2017, were a technical and ideological conflict centered on block size and scalability solutions.
While Satoshi Dice was not the sole cause, the game significantly contributed to the emergence of this event by helping to popularize Bitcoin among new users and generating substantial transaction volume.
As Bitcoin adoption grew, the network faced intense pressure, leading to block saturation and rising transaction fees.
On one side, some advocated for increasing block size to allow more transactions, leading to the creation of Bitcoin Cash in August 2017. On the other, proponents of solutions like SegWit pushed for improvements without compromising decentralization.
## 🔧 Adoption of SegWit:
Erik Voorhees expressed his support for the SegWit2x proposal, which aimed to improve network scalability by combining the implementation of SegWit with an increase in block size.
Segregated Witness (SegWit) was adopted in August 2017, allowing transaction data to be separated from signatures. This reorganization not only increased transaction processing capacity but also paved the way for the development of the Lightning Network, a layer 2 solution enabling instant and low-cost transactions.
SegWit was a crucial response to the challenges posed by network congestion, which had been exacerbated by Bitcoin's growing adoption and the emergence of popular applications like Satoshi Dice.
## ⚡ SegWit and Lightning:
The adoption of SegWit helped resolve blockchain congestion issues, while the Lightning Network, a layer 2 solution, facilitated fast and low-cost transactions.
Together, these innovations not only addressed technical challenges but also renewed enthusiasm for games and other applications on Bitcoin, paving the way for a new wave of development.
![](https://m.stacker.news/47068)
## 🎲 Nostr Dice:
Today, as we reflect on the impact of Satoshi Dice, a new project emerges: nostr:npub1nstrdc6z4y9xadyj4z2zfecu6zt05uvlmd08ea0vchcvfrjvv7yq8lns84
This modern clone of the original game is built on Nostr, a decentralized communication protocol, and Lightning, paying homage to the past while offering an enhanced gaming experience that does not impact layer 1 congestion!
From a game that caused Bitcoin congestion to its rebirth on Lightning, which it helped to bring about, the circle is complete!
![](https://m.stacker.news/47069)
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@ 35f3a26c:92ddf231
2024-08-20 18:13:02
https://image.nostr.build/1a5dd126fa56c5c188962ec7e278e28b710fdd93b701d673432c18dc2ab1b15c.jpg
How disappointing to observe Bitcoiners still using mainly YouTube to distribute their own content or content of interest for the community...
It would be nice if more Bitcoiners , specially the ones with channels start sharing as well in Odysee or other platforms less centralized and totalitarian...
#BTC
#Bitcoin
#Odysee
#YouTubeSucks
#Nostr
originally posted at https://stacker.news/items/656117
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@ d830ee7b:4e61cd62
2024-08-20 17:15:54
Alright folks, it's showtime! The **Thailand Bitcoin Conference 2024 (#TBC2024)** is about to kick off, and as one of the organizers, yours truly, Jakk Goodday, co-founder of Right Shift, is beyond stoked. This isn't just another conference, it's the culmination of our passion, dedication, and vision for a brighter future, brought to life by a vibrant community of Bitcoin enthusiasts in Thailand.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/d830ee7b7c30a364b1244b779afbb4f156733ffb8c87235086e26b0b4e61cd62/files/1724172694166-YAKIHONNES3.png)
### Get ready to rumble!
Picture this: you step into a bustling hall at **True Digital Park** in the heart of **Bangkok.** The air is buzzing with anticipation as over 500 passionate Bitcoiners, from seasoned veterans to eager newcomers, gather to connect and exchange ideas. The lights dim, the stage comes alive, and a lineup of captivating speakers, both local and international, take the spotlight, ready to ignite the spark of inspiration.
TBC2024 is more than just talks and presentations. It's about forging genuine connections, engaging in lively discussions, sharing laughter, and making new friends. It's about experiencing the Thai Bitcoin scene firsthand, with a bustling marketplace showcasing innovative Bitcoin-powered businesses and delectable local treats. And let's not forget the epic after-party, where the music will pulse, the drinks will flow, and the community will come alive in a celebration of the Bitcoin spirit.
### What's on the agenda?
We've got a jam-packed program spread across two days, with three stages catering to all levels of Bitcoin enthusiasts.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/d830ee7b7c30a364b1244b779afbb4f156733ffb8c87235086e26b0b4e61cd62/files/1724172737406-YAKIHONNES3.jpg)
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/d830ee7b7c30a364b1244b779afbb4f156733ffb8c87235086e26b0b4e61cd62/files/1724173047676-YAKIHONNES3.png)
**Day 1: Echoes of Hope** will delve into Bitcoin's potential to tackle social and economic challenges. Get ready for thought-provoking talks by industry leaders like **Dr. Wichit Saiklao** and **Dr. Big**, also **Piriya** who will challenge your understanding of money and the economy. Hear inspiring stories from **Jimmy Kostro** about how Bitcoin is empowering communities, and gain insights from content creators like **Pong SUPERTOMMO, Tip_NZ**, and **Isora Hata** on navigating the digital landscape. We'll even explore the intersection of Bitcoin and morality with **Mu'aawiyah Tucker**. And more.. And to ensure everyone's on the same page, we'll have **real-time Thai-English subtitles** on the big screen!
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/d830ee7b7c30a364b1244b779afbb4f156733ffb8c87235086e26b0b4e61cd62/files/1724172761532-YAKIHONNES3.jpg)
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/d830ee7b7c30a364b1244b779afbb4f156733ffb8c87235086e26b0b4e61cd62/files/1724174066846-YAKIHONNES3.png)
**Day 2: Unlocking the Future** will focus on real-world Bitcoin applications and their impact. Witness how Bitcoin is transforming industries and empowering individuals with **Kgothatso Ngako's** showcase of **Machankura**, a Bitcoin platform that doesn't require internet access. Be inspired by **Captain Sidd's** tales of Bitcoin-fueled adventures, and gain a new perspective on human rights with **Alex Li** from the **Human Rights Foundation**. We'll also have insightful discussions on building the Bitcoin community in Thailand and the rise of Asian Bitcoin communities. The day will culminate with a powerful closing message from **Piriya, Khing**, and **Jingjo** from **Right Shift**, reminding us how Bitcoin is fixing our broken monetary system.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/d830ee7b7c30a364b1244b779afbb4f156733ffb8c87235086e26b0b4e61cd62/files/1724173107783-YAKIHONNES3.png)
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/d830ee7b7c30a364b1244b779afbb4f156733ffb8c87235086e26b0b4e61cd62/files/1724173113805-YAKIHONNES3.png)
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/d830ee7b7c30a364b1244b779afbb4f156733ffb8c87235086e26b0b4e61cd62/files/1724174122077-YAKIHONNES3.png)
### More stages, more fun!
The excitement doesn't stop at the Main Stage. TBC2024 offers two additional stages that cater to every level of Bitcoin enthusiast.
* **Advanced Stage**: For developers, tech enthusiasts, or anyone who wants to explore the cutting-edge of Bitcoin technology. Get ready to roll up your sleeves and dive deep into the technical intricacies of Bitcoin with hands-on workshops and interactive sessions.
* **Beginner Stage**: New to Bitcoin? No worries! The Beginner Stage is designed to gently guide you through the fundamentals of Bitcoin. We'll cover everything from setting up your first Bitcoin wallet to making your first Lightning transaction.
Whether you're a tech-savvy coder or a curious beginner, TBC2024 has something for everyone. Come join us and immerse yourself in the world of Bitcoin. Let's learn, explore, and build the future together.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/d830ee7b7c30a364b1244b779afbb4f156733ffb8c87235086e26b0b4e61cd62/files/1724172788395-YAKIHONNES3.jpg)
### Siamstr vibes: Where connections spark and friendships flourish
TBC2024 isn't just a conference, it's a full-on community gathering, warm and welcoming. Get ready for laughter, lively conversations, and new friendships that'll make you feel right at home.
* **Experience the Siamstr Spirit**: The Thai Bitcoin community on Nostr is known for its tight-knit, friendly vibe. You'll meet a diverse crowd, all united by their love for Bitcoin.
* **Cutting-Edge Marketplace**: Get ready for a lightning-fast marketplace showcasing the coolest products and services from Thai entrepreneurs who accept Bitcoin Lightning payments!
* **Exclusive Dinner Party**: Join us for an unforgettable dinner in a relaxed atmosphere. Rub shoulders with speakers, Bitcoin OGs, and fellow enthusiasts, and listen to exclusive "Chit Talk" sessions on hot topics revealed only at the event. Then, let loose at the after-party, with a mini-concert and plenty of craft beer from Chit Beer to keep the good times rolling.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/d830ee7b7c30a364b1244b779afbb4f156733ffb8c87235086e26b0b4e61cd62/files/1724173158812-YAKIHONNES3.jpg)
TBC2024 is more than just a conference; it's an experience that will let you feel the true power of the Bitcoin community. Come be a part of Siamstr and make some unforgettable memories!
### Join the Movement
So, whether you're a seasoned Bitcoiner or simply Bitcoin-curious, TBC2024 is the place to be. Come join us in Bangkok and experience the magic of the Siamstr community. Let's build a brighter future, together.
See you there!
**Jakk Goodday**
#TBC2024 #Bitcoin #Siamstr
14-15 September 2024
**Get Digital Ticket** [here](https://www.eventpop.me/e/17031/tbc2024)
Reserve your seat with [Bitcoin Lightning payment here.](https://rightshift.to/product/tbc2024-event-ticket/)
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![](/static/nostr-icon-purple-64x64.png)
@ 20986fb8:cdac21b3
2024-08-20 14:19:59
Welcome to YakiHonne, where we’re excited to introduce you to our innovative Smart Widgets! These interactive components allow you to create dynamic and engaging campaigns directly within social feeds, all without needing any coding skills. Whether you’re new to Smart Widgets or looking to refine your approach, this guide will walk you through the process.
### Step 1: Log In
Start by logging into your YakiHonne account. This is your gateway to creating and managing Smart Widgets. If you don’t have an account yet, sign up easily on our website.
### Step 2: Create Smart Widgets
Once you’re logged in, it’s time to get creative. Head over to the “Post” section and select “Smart Widget.” Here, you have two options:
**Option 1: Create from Scratch**
If you have a specific idea in mind, you can create your Smart Widget from a blank canvas:
• Click on “Create Blank Widget.”
• Begin designing by adding your unique content, interactive features, and any elements that match your campaign’s needs.
• Customize the appearance and functionality to fit your brand or message.
**Option 2: Choose a Template**
If you’re not sure where to start or want some inspiration, using a template is a great option:
• Select “Templates” from the options available.
• Browse through a variety of pre-designed templates.
• Choose one that fits your campaign’s goal, and customize it to make it your own.
**Option 3: Clone a Community Widget**
If you want to explore what others are doing, you can clone a widget shared by the community:
• Click on “Smart Widgets” to see what the community has shared.
• Browse through the community’s shared Smart Widgets.
• Find a widget you like, and click “Clone.”
• Modify the copied widget to create your unique Smart Widget.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/20986fb83e775d96d188ca5c9df10ce6d613e0eb7e5768a0f0b12b37cdac21b3/files/1723815035344-YAKIHONNES3.png)
### Step 3: Explore Smart Widgets Features
Your Smart Widgets can do much more than just display content. Let’s dive into the features you can integrate:
• User Engagement Tools: Add polls, surveys, or quizzes to interact with your audience.
• BitcoinFi Integration: Enable features that support Bitcoin transactions, like tipping or payment gateways.
• Governance Options: Incorporate voting systems to allow users to participate in decision-making processes.
• Product Growth: Use widgets to drive user growth through referral programs or viral marketing techniques.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/20986fb83e775d96d188ca5c9df10ce6d613e0eb7e5768a0f0b12b37cdac21b3/files/1723815056292-YAKIHONNES3.jpeg)
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/20986fb83e775d96d188ca5c9df10ce6d613e0eb7e5768a0f0b12b37cdac21b3/files/1723815061683-YAKIHONNES3.jpeg)
These features are designed to enhance interaction and make your Smart Widget stand out. Feel free to experiment with different combinations to see what works best for your campaign.
### Step 4: Publish Your Smart Widgets
After you’ve created and customized your Smart Widget, it’s time to share it with the world:
• Preview your widget to ensure everything looks and works as intended.
• Click “Post my Smart Widget” to publish it.
• Your widget is now live and ready for others to interact with in their social feeds.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/20986fb83e775d96d188ca5c9df10ce6d613e0eb7e5768a0f0b12b37cdac21b3/files/1723815081484-YAKIHONNES3.png)
### Step 5: Add Smart Widgets to Notes
To maximize the impact of your Smart Widget, you can integrate it into your Notes:
• Go to the “Notes” section on your dashboard.
• Select “Add Smart Widget” and choose the widget you’ve just created.
• Publish the note, and now your audience can engage with your Smart Widget directly through the note.
![image](https://yakihonne.s3.ap-east-1.amazonaws.com/20986fb83e775d96d188ca5c9df10ce6d613e0eb7e5768a0f0b12b37cdac21b3/files/1723815092233-YAKIHONNES3.png)
### Tips for Success
* Experiment with Features: Don’t hesitate to try out different combinations of features to find what works best for your audience.
* Engage Your Audience: The more interactive and engaging your Smart Widget is, the better the results.
* Monitor Performance: After publishing, keep an eye on how your Smart Widget is performing. Adjust and optimize based on user feedback and engagement metrics.
### User Guideline Video Resources
[Create from Scratch](https://drive.google.com/drive/folders/1-vBaL31-lDB2d7LQtnONeQ9xmF_4Pm4Y)
[Choose a Template](https://drive.google.com/drive/folders/1-vBaL31-lDB2d7LQtnONeQ9xmF_4Pm4Y)
[Clone a Community Widget](https://drive.google.com/drive/folders/1-vBaL31-lDB2d7LQtnONeQ9xmF_4Pm4Y)
[Full tutorial video ](https://drive.google.com/drive/folders/1-vBaL31-lDB2d7LQtnONeQ9xmF_4Pm4Y)
### Conclusion
Creating and using Smart Widgets on YakiHonne is a powerful way to engage with your audience, promote your brand, and drive meaningful interactions. With no coding required, the possibilities are endless. Start exploring today, and see how Smart Widgets can take your campaigns to the next level!
Happy creating!
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![](/static/nostr-icon-purple-64x64.png)
@ 805b34f7:3620fac3
2024-08-20 09:35:18
I grew up thinking adulthood would be boring.
I thought by age 45 you'd hurt too bad to do anything fun. I thought you'd just go to a job somewhere and work all day and come back home for a couple hours, just to go do it again. Growing up, I even thought 25 year olds were old and boring.
Thankfully, all those models are destroyed.
I'm 31 today, and my refusal to be bored has led to an interesting life so far. One that my 18 year old self would mostly approve of. Which is quite the measure of success according to Taleb.
*“For I have a single definition of success: you look in the mirror every evening, and wonder if you disappoint the person you were at 18, right before the age when people start getting corrupted by life."*
I wonder what's next. What other magic I can pull outta my hat. What kind of luck I can stir up. I have 2 north stars. Fun and Family.
**FUN**
Turns out the fun part isn't just endless surf trips. It isn't just partying with friends. Fun needs a mission.
Surf trips that go too long get boring. I learned that in 2018 when I did my first extended travel to the Canary Islands and Indonesia.
I was surfing my ass off in Indo. ABSOLUTELY SCORING EVERYDAY. But, I felt empty inside. I started to crave work while sitting on the island. I was excited to get back to work.
Work at that time was the occasional modeling/commercial gig and moving fridges to college dorms in the summer (my survival gig for like 6 years).
In 2017, I graduated with a master's degree in Organizational Psychology. I had all the “credentials” to have a successful “career” but out of fear of being bored/lack of real world experience I never pursued a standard career.
I also found Bitcoin that summer, which greatly altered my worldview/gave me hope for a brighter future.
From age 24 - 28 I lived never knowing where my next pay check would come from. I tried living in LA and Mexico City, but never quite found my tribe or anything worthwhile to work on. I even lived in my truck for a month in LA just to do a "fear setting" exercise I heard Tim Ferriss talk about.
I gave myself my own curriculum during that time. Exploring my interests in health and went further down the Bitcoin rabbit hole with my spare time.
In hindsight, I wouldn't trade this time of “wandering” for anything. This time prepared me for the things I'm working on today.
In the fall of 2021, I drove to Costa Rica with a vision of creating a new life somehow. I'd been there a few times and figured that's where I'd be if I had unlimited resources. I asked myself the question, "What would I be doing if I was a billionaire?". The answer? Working on something important while surfing everyday with cool people.
After bumming around for a bit, I ended up finding my tribe and consistent work for the first time in my life. I helped out with Paul Saladino's social media team, where I learned skills and furthered my knowledge about health.
During this time, I went to a ton of Bitcoin conferences with no agenda, except to meet more of my "tribe". The decision to do this brought incredible returns to my life.
*“Never settle. When you refuse to settle for less than the best… the best tends to track you down” - Dr. Jack Kruse*
Today I'm working on two important missions. Making an “ethical” social media with Primal and building a “healthier” computer with Daylight computer from which I'm writing this article. These two missions are greater than anything I could fathom building myself and I'm extremely grateful for these opportunities.
**Family**
I believe strongly that it's impossible to truly understand life until you create it on your own. Might not be true for everybody, but I believe I'm hardwired this way.
I met Laura during the first month of getting a stable income in Costa Rica. It was the first time that I had a mission while talking to a girl.
I was thinking long-term the day I met her and knew that this time would be different. We didn't have much. In fact, when she met me, I just graduated from camping everyday to living in a broken house in the most beautiful location in Santa Teresa. So what there was a skunk living in our sink, we could walk to the beach in 3 minutes! I knew she was a keeper for putting up with that.
Here's a snapshot of a morning in the life of the skunk house - https://www.instagram.com/reel/CcqatvJlbFH/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
Our relationship has been incredibly rewarding, often challenging, and I can't wait for our future together.
She pushes me to seek more and the responsibility of another person of my life gives it a ton of meaning. And I'm sure this will do a little 100x once we have kids.
Woman are hard wired to seek security and I wonder where I'd be without her push and constant testing. This constant testing is the sign of a great woman.
I'm honestly terrified to have kids, but pursuing a family seems to be the most meaningful pursuit available to man. There's no way you'll ever be bored with kids!
We get married in 50 days. Will this be the best day of our lives? Can't wait. And just found out yesterday that our wedding will be featured in the New York Times.
PV
Writing feels good. It's great to puke out some words on a screen and reflect every now and again. There's always something to learn from someone. See you on NOSTR!
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![](/static/nostr-icon-purple-64x64.png)
@ 35f3a26c:92ddf231
2024-08-20 00:34:08
#### What is Peer Thinking?
https://image.nostr.build/f9c206fad2b7580af8c5236e831b6801683d9199ce26e6628ba0964fe64b1903.png
The cognitive and emotional processes that occur when individuals are influenced by their peers.
#### The psychology behind it:
The psychology behind peer influence encompasses various factors, including:
1. Social belonging and acceptance,
2. Identity formation,
3. The dynamics of group behavior
#### Is it being used to control us?
https://image.nostr.build/cf90335bbf59e3395dc4324d123cd3a058ca716cf6172f079eb1d78547008147.jpg
IMO, yes, at the core of it is the basic human need for belonging. Social belonging is a critical component since it is craved by most, specially but not only by the youngest, those with power across the world know this very well, therefore, thinking that they will not use it to control the population in order to profit from it or change public opinion would be irrational.
The media is used to brain wash the population creating something that most will consider "the norm", thus, the majority will try to conform to that norm in order to belong. That include manipulating the population to take an experimental drug (even if it could be very dangerous due to its unknown effects) or to accept as a norm a behavior that few years back would have been considered inappropriate.
#### Cognitive Dissonance
https://image.nostr.build/60f24a810be1dd6badb36d70c5a691d4361207590dea1a8e64e09a75a252cfbf.jpg
This is a term that we should get familiar with. It is a psychological state where conflicting beliefs or behaviors create discomfort.
***Example:***
A kid in high school that has a good loving family but all his close friends are on drugs (legal ones) and they keep telling him he is an idiot for not using as well. Now his is that state of conflict believes, on one side his best friends, all tell him is okay, on the other hand his family that loves him has explained him at length the dangers and issues that the drugs will have in his life. To resolve the dissonance he has three options, one, join the group and start taking drugs with the rest, two try to rationalize it, considering to take drugs just occasionally to belong but not to make it a habit, three lose his friends (and here it comes again the peer thinking to bite). Extrapolate to many other cases.
> As an anecdote
Recently, on a friend's reunion, one of the guest was complaining about one of his daughters, she was quite confused asking him why so many of her classmates were bisexual, she was wondering if something was wrong with her since she was not; a 13 year old girl; the father was having a hard time explaining her that the majority are saying so just to feel as part of what the school was teaching to be the norm, it was not cool to be straight, the tally was 37% of the class. Consider that, statistically, the number of people, “worldwide” identifying as bisexual are between 3% and 5% (less than 1% in less accepting countries), that number used to be less than 2% less than a decade ago. But 37% is far from the statistical norm, indicating a peer thinking behavior but not the reality of their sexual preferences. Once again, extrapolate to any ideology, religion, gender identity, political agenda that a country desires to push forward for whatever reason, adding that to the official school program and to federal mandatory training programs would do the trick.
A powerful tool, that can be used for good or bad.
#### What are the strategies to counter negative peer thinking?
https://image.nostr.build/4b70949b8af76ed53a5be5507f41f1d1c960dc3592f199eab78e2d25688975c5.jpg
Reading the literature about the subject, few strategies are recommended:
1. *Self-Awareness*: teaching ourselves and our children to recognize when we are being influenced by peers
2. *Being selective with your friends*: peers with similar values will reinforce positive behaviors
3. *Learning to be assertive*: teaching ourselves and our children to communicate assertively our boundaries will empower us and them to resist unwanted pressure to adopt negative behaviors.
4. *Less judging more talking*: this applies to our children and partners, judging less and listening more will make our beloved ones more open to discuss social pressures.
***What do you think?***
***What strategies you use as counter measures?***
originally posted at https://stacker.news/items/655270
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![](/static/nostr-icon-purple-64x64.png)
@ be39043c:4a573ca3
2024-08-19 23:36:04
## Details
- ⏲️ Prep time: 5 mins
- 🍳 Cook time: 10mins
- 🍽️ Servings: 2-
## Ingredients
- Shishito
- Butter/ Oil of your choice
- Soy sauce
- Salt
- Sugar (optional)
## Directions
1. 1. Wash shishitos, remove stems, and dry.
2. 2. Heat the pan, add butter or oil, and shishitos. Sauté until shishitos are tender and winkled.
3. 3. Add a bit of sugar (optional), and a bit of salts, and finally soy sauce. Do not add too much soy sauce. Try and adjust with more say sauce if needed.
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![](/static/nostr-icon-purple-64x64.png)
@ 5e4e1309:1164206e
2024-08-19 20:00:48
Opinion about Freewallet Multi Crypto Wallet (iphone)
<!--HEADER END-->
The FRWT wallet is gone from Google Play, but Freewallet, the original scam, is still a major threat. We must continue to report and warn others about this dangerous app.
<!--FOOTER START-->
#WalletScrutiny #nostrOpinion
[Join the conversation!](https://walletscrutiny.com/iphone/mw.org.freewallet.app)