Founder of Fanfares.io. Nostr is the next layer of the internet. Bitcoin is what stands between us and financial self destruction.
Public Key
npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 Profile Code
nprofile1qqsdkcj7wcm4g09867lx2qjcxndnrzsv0d6mpc3af7u78y3f7kaxlfcpzdmhxue69uhhqatjwpkx2urpvuhx2ue0qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0yphaj8
Author Public Key
npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 Show more details
Published at
2024-04-14T21:39:58+02:00 Event JSON
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"created_at": 1713123598 ,
"kind": 0 ,
"tags": [],
"content": "{\"banner\":\"https://m.primal.net/HZZh.jpg\",\"website\":\"fanfares.io\",\"lud06\":\"\",\"nip05\":\"[email protected] \",\"lud16\":\"[email protected] \",\"picture\":\"https://m.primal.net/HZZg.jpg\",\"display_name\":\"Short Simon\",\"about\":\"Founder of Fanfares.io. Nostr is the next layer of the internet.\\n\\n\\nBitcoin is what stands between us and financial self destruction.\\n\\n\",\"name\":\"ShortSimon\",\"displayName\":\"Short Simon\",\"pubkey\":\"db625e7637543ca7d7be65025834db318a0c7b75b0e23d4fb9e39229f5ba6fa7\",\"npub\":\"npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9\",\"created_at\":1713119751}" ,
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}
Last Notes npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The Ordinals have left the room. Bitcoin base layer transaction fees seem to be even cheaper than lightning for anything under $1000 (approximately). npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon You don't know how ironic that really is. He has launched a shitcoin, it's called microstrategy 😉 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon If they shut down the entire web, then we would have much bigger problems than there being no Nostr! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon GM layer 3! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon I getting some dms claiming to be relays asking for money. If they were real they would say which relay they are. Don't pay npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The government are in the process of trying to take control of the internet. We are fighting them by building a new decentralised layer that they can't control. #nostr npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Gm Nostr! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Great video from #Nostriga https://www.youtube.com/watch?v=qD-Y0fq5KiA npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon I left twitter a month ago and am feeling better for it npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon I am trying to send ecash to a nostr account. I have used a mini bits wallet to send to send ecash to a nostr account, but so far all it does is send lightning to the lightning wallet address that is registered to that nostr id. What am it missing? @npub1l2v…ajft npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Listen to the Prince! #note1u98…efss npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon GM npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon I'm not seeing it npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Nice one mate! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Good point @npub1c87…8avm . The non-Bitcoiner people are struggling with the current density of Bitcoiners on Nostr. The way that things are going with governments trying to censor X, may mean that we are going to get a load of X-Twitter users on the platform in the near future. As they come on board, they will bring the diversity that Nostr needs to get to the next level. It's a chicken and egg problem, but the catalyst is happening externally of Nostr. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon This is a really interesting film https://yellow.forum/t/stakeholder-communism-ep-1-dir-richard-jeffs/44 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Great job Oscar! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon It's like hiding your money in one atom within the galaxy. Your security is the fact that no one else knows where it is. They could try every atom to find it, but it's just not worth the bother npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Sometimes, I hate being right! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon It's not how big it is, it's what you do with it that counts! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Study for 10 mins - BTC is a scam 😂 (credit: @npub1an4…w7en) npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon That is about 31 trillion tries in a year. So you can take 13 digits off the 70 and that is how many years it will take them to find your bitcoin a number of years that is 57 digits long npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon What is JtR, can you send me a link to that? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Can you try to delete this note? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon I first bought gold coins when gold was at $1000. Just after Bear Sterns went down in 2008. Since then, we have gone from the western world being quite bankrupt, to being completely bankrupt. Our governments have spent enormous amounts of money that they don't have on stupid wars and on a re-branding of the flu vaccine. The BRICS countries who have been stockpiling gold for the last decade. Who can blame them? The average person has gone from not knowing why they would ever buy gold 16 years ago, to now seeing that gold is a way to preserve value in a terrible monetary situation. And during those 16 years, the price of gold has gone up by 2.45x. WTF??? The price of gold has not even kept up with inflation. Where would the price be if everyone that though they owned gold, bought the physical? Re-hypothication is real. All of the tools that the banks have been using to sell people fake gold can, and are, being used to sell people fake Bitcoin. Self custody is the only way to own Bitcoin. If we really want the price to go up, then we need to tell everyone we know, to get off the exchanges. Don't even think about the ETFs and don't belive the numbers on the screen that the brokerages sell to us. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon When do they temporarily suspend the convertability of the dollar into Bitcoin? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon That is a problem then. Are you going to propose the NIP? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon doesn't a deletion need to be signed with the private key? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon You can run your own relay! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon You don't like it? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Your Nostr profile is your website Your Nostr id is your ip address A Nostr client is a web browser that agregates the content from multiple Nostr feeds into a single flow of information You curate the best of your feed and repost it to the people choose to include you in their feed The whole system creates an amazing web of trust where we all do the proof of work of distilling the fire hose of information into a flow of quality npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Welcome to real world! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Paraguay npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Disovery is real killer app of Nostr. People will pay to have their time wasted by the fire hose of information. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon If only someone could figure out how to do pay for content?? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Yes I do it regularly when in London. At first it is overwhelming and I gasp for breath and then, after a while I build a resistence to the cold. I am sure that it is good for me both physically and psychologically. The winter there really doesn't feel that cold as a result. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon A much needed service #note12p5…dqpk npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon I went to one in Paraguay on Sunday @rleed npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The number of possible combinations is so large that the time and compute power that is required to find someone elses bitcoin is not cost effective. The number is about 70 digits long. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon 👀 #note1m3w…pey7 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Looking forward to this one! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon It's now a sunk cost falicy for him. The more he talks it down in public, the more he will be biased against it. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon It is sad to see. He is one of a number of older guys who are in denial. They just haven't done the work to understand it. They are like people driving a horse and cart 100 years ago, trying to tell us why the automobile it never going to take off! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Price controls effectively mean the start of food rationing. If you keep the price artificially low, then more will be demanded than it produced. In the soviet union they set the price of a loaf of bread to the be equivalent of 1 cent. The idea was that nobody would starve, the real world result was that people had to queue for 1 hour in order to get a loaf of bread. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon There is a case for data encryption #note1w02…867d npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon https://m.primal.net/Jyjm.jpg npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Bitcoin is what Paypal wanted to be. Nostr is what Twitter wanted to be. Necessity is the mother of invention! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Bitcoin Citadels. Where is the best place in the world to go with your Bitcoin? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Their credit has been overextended beyond belief. At some point there will be a loss of faith. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon This custody issue is something that really gives me hope for bitcoin. I started bought some physical gold back in 2008 and custody was never a comfortable situation. In a safety deposit box, it can be stolen by the administrators. Buried in the garden it can be found with a metal detector. Bitcoin is first time that we have really secure self custody storage. On top of that, the ability to have fast and cheap lightning notes on top in a decentralised way without rehypothication is a breakthrough. You are right though, ecash mints all have capacity to create more derivative notes than they have underlying bitcoin for. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Custody is difficult. People prefer to trust a custodian npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon If everyone that thinks they own gold, actually bought physical gold, then where would the price be? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Big brother is here #note1yhf…kn7h npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Mara, like most other miners are not making any money right now. This move is to cover a shortfall. Price/hash rate is now lower than it was at the bottom of 2022 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Does anyone have a buy specific examples of posts that have been censored or accounts that have been deleted from x in the UK during the red debt troubles? Mainstream media are pushing this narrative, but it is possible that they are lying to us. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Many of us seem to be suffering from multiple postings right now. Here is a handy tool to clean up your feed if you need to: https://nostr-delete.vercel.app/ npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon We are hearing that censorship is taking place at present on x because of the current troubles on the streets. I have not seen specific examples. I would be interested to know if anyone else has npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Uruguay is nice in Jan and has amazing beaches. I hear that florinopolis is pretty amazing too. Maybe even a bit of hiking in patagonia could be on the cards npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon That when we head south for the beaches 😉 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Asunción it's the plan b that Bitcoiners are looking for npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon A few more words to add to my Spanish vocabulary 🙏 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon This is one to listen to #note1heh…vcc7 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The invention of computers and the internet has made digital media creation and dissemination easier and cheaper than ever before. This has led to an explosion of written, video, and audio media, as anyone with a computer and an internet connection can become a creator. However, the economics of this new digital media economy are proving to be a little weird for the creators. For the most part, they are required to give their content away, almost for free. With so much supply, and so little friction in the delivery, the price of content has been forced down. The centralised media platforms pay mere fractions of one cent per stream to the creators. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon This is very true. In the case of paper ballot counting, there are many observers in the room and people are going to know if there is a fix going on. With electronic vote counting machines, only one programmer needs to be paid or threatened. One notable election where electronic vote counting was used, was in Brazil when Lula was elected. #note19ff…8pz3 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Content creators are at the mercy of centralized platforms, which take the majority of revenue for themselves. These platforms, holding a monopolistic position with network effects, have created "sticky" customers who are difficult to detach. On the non-Nostr web, creators must pander to the whims of these platforms, as they can easily be replaced by countless others. This imbalance of power has led to tech giants becoming the world's largest companies, while the incomes of creative artists have been devastated over the last 20 years. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon All of these things are coming about because of financial incentives. Find a way to create a better incentive and change the world npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Money used to be a private peer to peer medium. Stories used to be transmitted peer to peer. In its infancy, technology has evolved into centralised systems. They have given us speed., convenience and addiction. Both money and media have been transformed. The cost has been been our privacy. We have quietly sleep walked into creating most sophisticated surveillance and control system the world has ever seen. #Bitcoin gives us private peer to peer money. #Nostr gives us private peer to peer communications Technology is coming of age. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Anyone that publishes using value for value or nostr can derive revenue without ever needing to be doxed. This posibility never existed before. With advertising, people could be found through fiat transfers from sponsors. With subsciption the link is even more obvious. Additionally, the suppporters media that use bitcoin lightning can enjoy a level of privacy that could only be dreamt of before now. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The Overton window has shifted npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Sadly, in the UK, the MSM are propogating a myth that 'them' are good and 'us' are bad. Passports don't really have a thing to do with it, it's about control. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The riots in UK are a very sad thing to witness. The governement's response to this has been to increase control over information disseminated on social media. Mainstream media are supporting this narrative of censorship of free speech as they have a financial incentive to do so. Digital media has been threatening their business models for decades and staff at the news companies are doing whatever they have to sustain their salaries. There is likely to be increasing encroachments on our right to free speech as the chaos on the streets gets worse across the world. Twitter/X has been censored before and as long as it is a company with a board of directors, there are people that can be pressured to conform to goverment instructions. It is now more important than ever to continue to build Nostr as a free speech system where we cannot be shut down. Spread the word to everyone you know. As censorship shuts down the centralised platforms, we have a key role to play making sure that everyone can hear the truth about what is happening. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon I recently moved to Paraguay. Things cost about a quarter of what they do in USA and London. Zero tax on international income mean that altogether the move has 8x'd my living standards. With those tax rates the government can't afford to surveille me. And the beef is all grass fed! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Inflation is being massively under reported. People are getting poorer, but the numbers are hiding it. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon What do you think of Satoshi Nakamoto? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Reality is not hard to see It's just hard to accept npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon It seems like expats living in South America are almost universally in favor of bitcoin. Very refreshing to be in a place with more freedom minded people. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The police state slowly encroaches upon us. #note1f2z…fd93 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The police state slowly encroaches upon us. #note1f2z…fd93 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon It could be a game, a test of knowledge or an opinion poll npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Get paid to complete surveys on Nostr An LNURL link that is interactive. As you fill out the form, you receive the sats into your wallet npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon I used to wonder how the Western world would unravel the high levels of debt that we have gotten ourselves into. Now I see what the likely plan is. 1. A climate emergency is called on the basis that we are facing an imminent climate apocalypse. 2. Travel is restricted on the basis of carbon emissions, 15 minute cities are effectively a climate lockdown. 3. A personal carbon allowance is issued and a digital id is required to spend any money. 4. Pounds, dollars and euros in the bank become worthless as carbon credits are the scarcer money required to buy anything. 5. Carbon credits are basically the CBDC fully monitored and restricted in the case of misbehaviour. 6. Anyone that tries to game the system is prosecuted as a climate criminal. 7. The people in charge are still allowed to fly around the world in their private jets because they are saving the world from the climate apocalypse. 8. All debts, savings and financial assets held in pounds, dollars and euros are effectively cancelled because the pound becomes worthless. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Just a better algo that delivers quality rather than click bait would be a good start npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon This is true. There could be loads of people out there that we just don't know about because they have never posted #note1y20…63qa npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Retrofit or build anew? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Recent events with cloud strike and also with things hotting up with the Russia war have made me consider that Bitcoin could really come into it’s own as a backup in the event of much of the worlds computer power getting shut down for some reason. The failure of centralised bank systems would quickly render our payment cards useless and we wouldn’t be able to buy food. A great reason to have bags or rice and tinned food in store somewhere! But could bitcoin really be used as a backup system in that scenario? If 99% of the worlds computing systems went down, then there would still be 1% going and we could assume that would equate to about 1% of the mining network still being in existence. So bitcoin could still function with the few nodes that are left, but the problem is that 99% of the hash power would be gone and blocks would take 10x100 minutes (about 17 hours) to process until the next difficulty adjustment. If we are unlucky and things go wrong just after a difficulty adjustment, we would be looking at a period of about 4 years until the next difficulty adjustment. In practice, those of us that are left would have to use lightning a lot more until the base layer can be returned to normal. No doubt the BTC price would go up in this scenario, and a lot of the computing equipment that is left would be repurposed as bitcoin miners, so it might not take the full 4 years. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The only way it can be a store of value in the long term is through acceptance as a currency npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon That was actually in reference to saylpr and Trump. How could you know when I understood it? Or are you just engagement farming? npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Neither of them really understand bitcoin, but at least no bitcoiner is fooled by Trump npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The answer is custodial. Much like right now most people have to save in custodial fiat money until they can afford a self custodial house npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon I can't find Wikileaks on Nostr! Why is this? #note1300…8hrc npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Bitcoin can become the reserve currency for the world. Before that tho, it will likely become the currency of the Internet. Instead of paying with our data and our attention, we can pay for content and services with bitcoin. Instead of signing up for a payment plan for a bundle of media that we will never own, we can pay per item. Discreetly, instantly without middlemen and without leaving a trace. Creators can be rewarded for the quality of their work rather than for their ability to induce a click from you. Nostr and bitcoin lightning make the Internet a better place to hang out 😉 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon https://primal.net/e/note17ks704u2mqsxuqce0w6xjfd595zuq47zndwwtczfp4g0fedv2yzqd9ygpc npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Great video. Such a shame that it was censored from the live stream by a centralised media company that is funded by shitcoin sponsors. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon We all knew that they might come for our bitcoin one day. But we never thought that it would be Xapo! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon The Donald may not be the sharpest tool in the box. But he can see where the smart freedom loving people are. He knows that we are all edging towards a global surveillance dictatorship and he carries on despite their attempts to kill him. If we exclude everyone that doesn't understand bitcoin from our community, then commit ourselves to always being a minority. Give the man a break! npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Bitcoin magazine are a centralised media company. They have sponsors that control their speech. npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Bitcoin is peer to peer money that cannot be stopped. Nostr is peer to peer communications that cannot be stopped. Together they make possible a digital media economy that can grow without sponsorship, advertising or subscriptions. Traditional commerce in the physical world is based on paying for an item and then getting. Fanfares.io let's you pay with bitcoin lightning to get an item of media and then own it in your nostr account forever npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Hey hope I did the same thing. Black and white phone with no twitter. Altogether less addictive. I am also on primal more now, but I confident that my engagement is not being optimised for. There is no advertising, so there is no value in my engagement. The only value is in content that is of a level of quality that makes me want to pay for it. 😜 npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon Good description of how a Zap happens npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9 ShortSimon X = fear Nostr = hope