BRBitcoinapolis
BR Bitcoinapolis

https://bitcoinapolis.blogspot.com/

Bitcoiner Super HODLer Creator of Bitcoinapolis, mining the smart Bitcoin minds who have already spoken for years on specific topics. Bitcoin: "Not your keys, not your coins." NOSTR: "Not your keys, not YOU." ( With Bitcoin you can give yourself the title you want, mine is Bitcoin CSO: Chief Simplification Officer.)

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Last Notes

2024-09-15 14:27:18

Bitcoin: "SPAM"
When you think things are all good and fine with Ordinals/Runes/Stamps etc., you are not listening to @npub1au2…t53j or @npub1wnl…n3wr or @npub1ywj…6ejf
Use Leo's version of Mempool so when you click on the Block you can see the True Bitcoin Transaction health, right Antfool?
https://m.primal.net/Kqjm.png
https://mempool.orangepill.ovh/

2024-09-11 01:36:08

Thank you Ocean mining for answering my question, I just wanted to hear and see it all from the source. I am bummed I can't zap you though.
I hope every BitAxe owner points their hardware to Ocean. Sadly, it should be obvious why but the obvious has been strangely elusive.
I am very pro-Ocean mining, thanks to Luke, GrassFed, Bob Burnett, and Dorsey.
#note13ec…2n29

2024-09-04 23:15:14

"17 Satoshis"
If there is one indicator of how a currency is crap, you don't even have to look at the US Dollar but look at the US Penny.
How many of you would stop to pick up a penny? A loaded question, the majority of us would. But we subliminally view 1/100th of a dollar as almost worthless.
When we get pennies, we chuck them into change jars where most of the 288 Billion pennies live and seldom go back to take pennies with us out into consumer land.
Now compare those of us who are into Bitcoin, we get excited for ONE SAT which is 1/17th a penny's worth of Bitcoin at today's prices.
Why? Because we know today's penny is worth less tomorrow and the day after as inflation steals our buying power. But we believe, based on millions of hours of collective Bitcoin analysis, that Bitcoin NGU and therefore a penny's worth of sats today could be worth a lot more tomorrow.
But what about the Penny today, those 17 Sats at today's price, when Bitcoin hits $1,000,000 a coin, then one US Penny is worth 1 Sat so picking up one US penny today on the street could be like picking up 17 pennies tomorrow.
Convert your pennies to sats today?
https://m.primal.net/KeWX.png
Or at least, seed Phrases on Pennies is cheaper than buying washers.
https://m.primal.net/KeWo.png
Sign me,
The Thrifty Bitcoiner

2024-08-21 23:48:02

- reply

My very best day ever in NOSTR was a call out to one of my posts that had almost zero interaction before they picked it up.

2024-08-21 22:02:25

Bitcoin: "Jack Mallers to Debate Peter Schiff"
https://m.primal.net/KGzM.png
Snippets from specific talking points and other people's views (Lepard, Saif, Dorsey, Winklevoss) on Gold versus Bitcoin including why Saylor doesn't want to debate Schiff on gold.
Saylor (from a while ago documented above)
"The fundamental point here is is you have to give the world a solution to their problem not just be a Critic if you want to be a Critic you can criticize everything but but what's his answer if you listen if you listen to Peter's (Schiff) debates what he says is he only has five percent of his portfolio invested in gold which means that he has 95 percent invested in something else.
But what is this something else and the point is he you know you're back in the same you know hedge fund Shuffle mentality it's like just give me all your money and I'm just going to shuffle it with random 95 opacity on random stuff back and forth but don't question it. What about the five it was a recommendation he would own more than 50 percent of his portfolio in the gold but he doesn't believe in it so but his argument would be I don't recommend people to buy 50 percent I recommend people to buy two to five percent that's his position he doesn't have an answer to the that that means that you're going to lose 95 percent of your wealth.
The issue with Peter is Peter's not offering a solution to the world right he's simply trolling Bitcoin and he's not trolling Bitcoin with any any real concrete criticism other than he just doesn't like it. Find me somebody in the world who has invested more than 50 percent of a portfolio in gold or at a billion dollar level. I got my position is pretty clear I've invested almost four billion dollars in Bitcoin."
============
Specific Reasons Saylor won't debate Schiff:"Why the Peter Schiff/Michael Saylor Gold -vs- Bitcoin Debate will never happen"
Subhead Spoiler: "It's a waste of time"
Me: All in Saylor's words from a recent Quoth the Raven episode (at almost the very end of the two hour podcast)June 6th, 2024 on YouTube but recorded end of May.
Michael Saylor:
...In terms of Peter Schiff I think my issue here is we mostly agree on the problem we have just have two different solutions and my solution is technology digital capital via Bitcoin his solution is gold.
But it's not constructive to debate him because he hasn't changed his position position in 15 years while bitcoin's gone from like a dollar to 66,000 and he
doesn't introduce any new arguments all he's doing is just arguing in favor of gold and at the end of the day.
Peter Schiff doesn't own gold and so so he does own gold he he said for the record only a small portion of his portfolio is gold he's not even majority invested in Gold he doesn't have a billion in Gold he's got half half of his portfolio is in miners.
The point is those miners are short gold Chris they're short gold they're selling gold every day in the market so the point is if you're arguing in favor investing in gold miners.
Well you might as well be arguing in favor of investing in like soybean Farmers or natural gas Drillers or whatever you're an industrial analyst promoting industrial stocks which is fine but that's not money. He (Schiff) would disagree with you that he's short gold he would say is that if the price of gold rises, miners are going to rise as a multiple of that because that because you're essentially long goal with leverage. Which is very different than being short, I just don't really think it's constructive or a good use of anybody's time.
Peter has has been debated on this topic for a decade, I mean like heck, when I got into Bitcoin in 2020, one of the reasons I bought Bitcoin was because I saw Eric Voorhees and Peter shift debate from 2017.
Like he (Peter Schiff) wasn't persuasive in 2017 he (Schiff) hasn't been persuasive since. I think that it's a disservice to actually promote that in general.
By the way I think it's I think the elephant in the room here is I don't think you can find a single person in the world who owns a billion dollars worth of gold. I challenge you to find one yeah go go find me a person that owns a billion dollars worth of gold
as an investment and then bring them and if you can find me that person Chris I'll debate them, I will, I will debate."
=======
Other Points of view and more Saylor:
- Larry Lepard: "If you melted all the gold in the world down it would fill 2 Olympic sized swimming pools." (And they can add 2-3% more a year or even more if the 'price is right.')
- Saylor: "Gold is Dead Money"
- Saylor: "Gold is an awful monetary asset."
- Saylor:
"So, commodity, the kiss of death is, when the price goes up, everybody's going to charge into that business and they're going to double the production of it. If the price of gold goes up, there are more goldminers coming online. When it goes up by a factor of ten, there are a lot of goldminers coming online. And by the way, that's not the problem; that's a part of the problem; that's a first order of problem. If I actually take the price of gold to $50,000 an ounce, I'm going to get a lot more goldminers.
But here I'm going to tell you what the real problem is. When the price of gold goes to $50,000 an ounce, and hundreds of billions of dollars get invested in goldmining, they're going to double the production or triple the production of gold; they're going to drive the price down. But, the variable cost of producing gold's going to be $2,000 an ounce; the price is going to be $50,000 an ounce; the price of gold is going to get driven into the dirt to $40,000 to $30,000 to $20,000 to $15,000 to $10,000 to $5,000. When it gets to $2,000 an ounce, it's possible that the goldminers will go offline, or the commodities will go online. "
- Saifedean Ammous:
"...but I think it’s reality at this point, and I think clinging on to gold was probably the biggest financial mistake that I’ve ever made."
- Saylor:
"You’ve got the fiat monetary system—and as we’ve said, if you put $100 million into fiat, you’re gonna lose 99% of your money over a hundred years. And then you’ve got a gold monetary system: you put $100 million in gold, you’re gonna lose 80% or 85% or 90% of your position over a hundred years, because it’s inflating, and it’s got counter-party risk. "
Saylor:
"Over the course of the century, 95% of the gold was confiscated (Me: documented) in the last 100 years. So maybe theoretically the United States government might have got that gain. But everybody in Russia, China, every country in Europe, everybody in South America and Asia, they all lost their gold. So if you do a risk adjusted calculation, you find that you invest a dollar, it should be worth $100. But you lost it, not all of it 95 from the time you get five bucks."
Saylor:
" So my view here is, is Bitcoin is the ideal architecture to be a currency and gold isn't. I started my career modeling commodities and the history of commodities is as the price goes up, the demand decreases, the supply increases. Gold is a commodity, Bitcoin is a scarcity. "
Saylor:
"You said that on Stansberry December 2020, and then the famous Peter Schiff said, quote, I don't own much gold, I own more gold stocks. "
Back:
https://x.com/adam3us/status/1641394621749026818?s=46&t=YWC79OfCrPaCG1APbpOpRQ
======
- Caitlin Long:
"in my opinion, there's nothing special about gold itself. What gold did was literally just put a tether on the dollar, on how much credit could be created."
- Tyler Winklevoss "Our basic thesis for bitcoin is that it is better than gold.”
-Saifedean Ammous: “It’s just a digital, decentralized technology for doing gold’s job. It’s just the simpler, faster, cheaper way of doing what gold does.”
Steve Wozniak:
“Only bitcoin is pure digital gold… and I totally buy into that. All the others tend to give up some of the aspects of bitcoin. For example, being totally decentralized and having no central control. That’s the first one they have to give up to try to have a business model.”
- Jack Dorsey:
"(Bitcoin) is designed to mimic the supply of a real-world commodity, gold. This means that the number of coins that it is possible to mine is restricted: the supply will eventually hit a ceiling with 21m bitcoins."
- Pomp:
"Bitcoin is a 100x improvement over gold as a store of value. The world is realizing this and beginning to reprice digital currency in real-time. Although bitcoin has increased hundreds of percent in the last few months, it is likely to continue appreciating in US dollar terms over the coming years. I suspect that bitcoin's market cap will surpass gold's market cap by 2030. For this reason, I own no gold and have a material percent of my net worth invested in bitcoin."
Space Mining?
(me: iif you think we will live on Mars, mining Gold in space isn't too far fetched, you can't do this with Bitcoin):
https://www.smithsonianmag.com/smart-news/asteroid-16-psyche-may-be-worth-more-than-planet-earth-at-10-quintillion-in-fine-metals-180979303/
#note19gq…z2g4

2024-08-21 14:00:41

- reply

Talking Points to help with your notes, go get him, Jack:
100+ pages compiled: https://bitcoinapolis.blogspot.com/2022/12/bitcoin-digital-gold-versus-analogue.html
Saylor (from a while ago documented above)
"The fundamental point here is is you have to give the world a solution to their problem not just be a Critic if you want to be a Critic you can criticize everything but but what's his answer if you listen if you listen to Peter's (Schiff) debates what he says is he only has five percent of his portfolio invested in gold which means that he has 95 percent invested in something else.
But what is this something else and the point is he you know you're back in the same you know hedge fund Shuffle mentality it's like just give me all your money and I'm just going to shuffle it with random 95 opacity on random stuff back and forth but don't question it. What about the five it was a recommendation he would own more than 50 percent of his portfolio in the gold but he doesn't believe in it so but his argument would be I don't recommend people to buy 50 percent I recommend people to buy two to five percent that's his position he doesn't have an answer to the that that means that you're going to lose 95 percent of your wealth.
The issue with Peter is Peter's not offering a solution to the world right he's simply trolling Bitcoin and he's not trolling Bitcoin with any any real concrete criticism other than he just doesn't like it. Find me somebody in the world who has invested more than 50 percent of a portfolio in gold or at a billion dollar level. I got my position is pretty clear I've invested almost four billion dollars in Bitcoin."
============
Specific Reasons Saylor won't debate Schiff:
https://www.youtube.com/watch?v=6D2M3b1doRg
"Why the Peter Schiff/Michael Saylor Gold -vs- Bitcoin Debate will never happen"
Subhead Spoiler: "It's a waste of time"
Me: All in Saylor's words from a recent Quoth the Raven episode (at almost the very end of the two hour podcast)
https://www.youtube.com/watch?v=6D2M3b1doRg
June 6th, 2024 on YouTube but recorded end of May.
Michael Saylor:
...In terms of Peter Schiff I think my issue here is we mostly agree on the problem we have just have two different solutions and my solution is technology digital capital via Bitcoin his solution is gold.
But it's not constructive to debate him because he hasn't changed his position position in 15 years while bitcoin's gone from like a dollar to 66,000 and he
doesn't introduce any new arguments all he's doing is just arguing in favor of gold and at the end of the day.
Peter Schiff doesn't own gold and so so he does own gold he he said for the record only a small portion of his portfolio is gold he's not even majority invested in Gold he doesn't have a billion in Gold he's got half half of his portfolio is in miners.
The point is those miners are short gold Chris they're short gold they're selling gold every day in the market so the point is if you're arguing in favor investing in gold miners.
Well you might as well be arguing in favor of investing in like soybean Farmers or natural gas Drillers or whatever you're an industrial analyst promoting industrial stocks which is fine but that's not money. He (Schiff) would disagree with you that he's short gold he would say is that if the price of gold rises, miners are going to rise as a multiple of that because that because you're essentially long goal with leverage. Which is very different than being short, I just don't really think it's constructive or a good use of anybody's time.
Peter has has been debated on this topic for a decade, I mean like heck, when I got into Bitcoin in 2020, one of the reasons I bought Bitcoin was because I saw Eric Voorhees and Peter shift debate from 2017.
Like he (Peter Schiff) wasn't persuasive in 2017 he (Schiff) hasn't been persuasive since. I think that it's a disservice to actually promote that in general.
By the way I think it's I think the elephant in the room here is I don't think you can find a single person in the world who owns a billion dollars worth of gold. I challenge you to find one yeah go go find me a person that owns a billion dollars worth of gold
as an investment and then bring them and if you can find me that person Chris I'll debate them, I will, I will debate."
=======
Other Points of view and more Saylor:
- Larry Lepard: "If you melted all the gold in the world down it would fill 2 Olympic sized swimming pools." (And they can add 2-3% more a year or even more if the 'price is right.')
- Saylor: "Gold is Dead Money"
- Saylor: "Gold is an awful monetary asset."
- Saylor:
"So, commodity, the kiss of death is, when the price goes up, everybody's going to charge into that business and they're going to double the production of it. If the price of gold goes up, there are more goldminers coming online. When it goes up by a factor of ten, there are a lot of goldminers coming online. And by the way, that's not the problem; that's a part of the problem; that's a first order of problem. If I actually take the price of gold to $50,000 an ounce, I'm going to get a lot more goldminers.
But here I'm going to tell you what the real problem is. When the price of gold goes to $50,000 an ounce, and hundreds of billions of dollars get invested in goldmining, they're going to double the production or triple the production of gold; they're going to drive the price down. But, the variable cost of producing gold's going to be $2,000 an ounce; the price is going to be $50,000 an ounce; the price of gold is going to get driven into the dirt to $40,000 to $30,000 to $20,000 to $15,000 to $10,000 to $5,000. When it gets to $2,000 an ounce, it's possible that the goldminers will go offline, or the commodities will go online. "
- Saifedean Ammous:
"...but I think it’s reality at this point, and I think clinging on to gold was probably the biggest financial mistake that I’ve ever made."
- Saylor:
"You’ve got the fiat monetary system—and as we’ve said, if you put $100 million into fiat, you’re gonna lose 99% of your money over a hundred years. And then you’ve got a gold monetary system: you put $100 million in gold, you’re gonna lose 80% or 85% or 90% of your position over a hundred years, because it’s inflating, and it’s got counter-party risk. "
Saylor:
"Over the course of the century, 95% of the gold was confiscated (Me: documented) in the last 100 years. So maybe theoretically the United States government might have got that gain. But everybody in Russia, China, every country in Europe, everybody in South America and Asia, they all lost their gold. So if you do a risk adjusted calculation, you find that you invest a dollar, it should be worth $100. But you lost it, not all of it 95 from the time you get five bucks."
Saylor:
" So my view here is, is Bitcoin is the ideal architecture to be a currency and gold isn't. I started my career modeling commodities and the history of commodities is as the price goes up, the demand decreases, the supply increases. Gold is a commodity, Bitcoin is a scarcity. "
Saylor:
"You said that on Stansberry December 2020, and then the famous Peter Schiff said, quote, I don't own much gold, I own more gold stocks. "
Back:
https://x.com/adam3us/status/1641394621749026818?s=46&t=YWC79OfCrPaCG1APbpOpRQ
======
- Caitlin Long:
"in my opinion, there's nothing special about gold itself. What gold did was literally just put a tether on the dollar, on how much credit could be created."
- Tyler Winklevoss "Our basic thesis for bitcoin is that it is better than gold.”
-Saifedean Ammous: “It’s just a digital, decentralized technology for doing gold’s job. It’s just the simpler, faster, cheaper way of doing what gold does.”
Steve Wozniak:
“Only bitcoin is pure digital gold… and I totally buy into that. All the others tend to give up some of the aspects of bitcoin. For example, being totally decentralized and having no central control. That’s the first one they have to give up to try to have a business model.”
- Jack Dorsey:
"(Bitcoin) is designed to mimic the supply of a real-world commodity, gold. This means that the number of coins that it is possible to mine is restricted: the supply will eventually hit a ceiling with 21m bitcoins."
- Pomp:
"Bitcoin is a 100x improvement over gold as a store of value. The world is realizing this and beginning to reprice digital currency in real-time. Although bitcoin has increased hundreds of percent in the last few months, it is likely to continue appreciating in US dollar terms over the coming years. I suspect that bitcoin's market cap will surpass gold's market cap by 2030. For this reason, I own no gold and have a material percent of my net worth invested in bitcoin."
Space Mining?
(me: iif you think we will live on Mars, mining Gold in space isn't too far fetched, you can't do this with Bitcoin):
https://www.smithsonianmag.com/smart-news/asteroid-16-psyche-may-be-worth-more-than-planet-earth-at-10-quintillion-in-fine-metals-180979303/

2024-08-21 12:33:41

Taking bribes in Cash and Gold didn't work out very well for this criminal.
Then:
https://m.primal.net/KGaN.png
Today:
https://m.primal.net/KGaO.png

2024-08-20 14:42:29

- reply

Yes, way better asked than me. Is an AI using Bitcoin now where let's say it needs to do micropayments (7x24) for energy use or to get a legal signature/timestamp/"digital wax seal"?

2024-08-20 14:25:31

Bitcoin: Will we ever be able to know when AI starts to use Bitcoin on its payment rails or could it already be happening?

2024-08-19 14:58:37

Bitcoin: "Bitcoin Core: Protecting Open Source"
Subhead: "The 5 Horsemen"
Jack Dorsey is my goto guy for Open Source. I have struggled on Social Media, especially X, it's all so "empty" exactly as Dorsey has explained repeatedly. It's about Free Will not Free Speech. So, why the Hell am I still on X with my ridiculous Blue Check? I am trying to get to NOSTR only (aside from snarky replies on X, that's my infotainment.)
I am older, first year Gen X, like Sayloris , but I am three months younger. Dorsey is so right on all his Open Source, Saylor is so right on Bitcoin. Both men can't be similar experts as I addressed via the previous "Thank you Note to Odell" post. Damn that podcast meant a lot to me.
I am a 27 year volunteer national level Patient Advocate in cancer, I just explained last week to a group of world known Hematologists/Clinicians/Pathologists/Radiologists, after they asked me a question about how to talk to other Advocates . I explained how the first 7 years of my advocacy, I learned from a lens of anger and desperation. When I started to learn I could communicate with anyone on the subject, my emotions subsided and I was invited behind the scenes. I WAS TOTALLY WRONG on most of my assumptions.
Most of you aren't interested in Cancer, perhaps just like I wasn't either, completely complacent. "We all have to die of something..." I won't scold, I was exactly like you before my wife, then 31, diagnosed with incurable Stage IV cancer. She's alive, thanks to wildly diving into the data and learning all I could about her disease. I am so grateful, so now I am learning all I can about Bitcoin using the same techniques I did to learn about cancer.
Yes, I am wordy. I am a walking talking TLDR, but my motto is "if you can't fix it, feature it." It works for me and I quote a 'study' done the early Internet days. The premise was "the more information people have at their disposal the more overwhelmed they will be."
The conclusion, "those with the most information were THRIVING."
Bitcoin is my hobby.
Cancer taught me Health over Wealth.
Like with cancer, there's the Generalists and the Specialists. If you are a Generalist, you know a little about each letter in the alphabet, perhaps like a surgeon needs to know. As a Specialist you are a generalist too, but you are are experts in one or a couple letters.
Perhaps you specialize in Brain Cancer?
Regardless, people spend their entire lives looking for a trusty car mechanic, but when they get a life threatening cancer diagnosis, they go to 'the doctor.' Some generalist? Close by?
If I could sum up almost three decades:
1) If it's your radiator go to a radiator specialist
2) In the past I'd say get a 2nd opinion at least, now with AI I am hoping in the future you can get a million opinions on your Diagnosis. Using the data from people just like you who had the same diagnosis?
So how the HELL does this relate to Bitcoin? Like with cancer there is an entire Bitcoin alphabet and there are generalists and specialists. Some of you know a little about each letter and some of you know a lot about certain letters.
I am looking for the expert on this Letter:
Bitcoin Core (and why at this point I promote Bitcoin Knots, misguided?)
I am only in my first 4 years of Bitcoin so I know I am still learning and unenlightened. Perhaps there is a similar anger so I really want feedback not validation.
Like with cancer, I am a hack with my Bitcoin knowledge.
However, to me the giant red flag was when Udi was on stage at a previous 'Bitcoin' event (for the record I have 0 trust in Bitcoin Magazine and their employees. Like with cancer, parasites make money off the disease. Misguided?)
As I try to become a Bitcoin generalist what is Bitcoin Core from a people standpoint?
My concern is the most obvious, people are the weak link in code, projects.
It comes down to an anonymous quote from a college textbook to me:
"Computers are incredibly fast, incredibly accurate, and dumb. People are incredibly slow, incredibly inaccurate, and smart."
- Anonymous
Are we smart with Bitcoin Core? Why don't we know the 5 people who hold the keys to software that runs the Bitcoin network? There are a lot of checks and balances
Trust is what motivates and challenges us to be experts.
Some of you techies are too cool to focus on the teachings or efforts of others who you deem not worthy because they are not techie enough for your taste. However, there are lessons to be learned in other letters of the Bitcoin alphabet, namely those experts on Bitcoin Communication.
They teach you, your EQ is just as important as your IQ.
For instance, Natalie Brunell:
"Gloria Zhao on Bitcoin Network Defense: Core Developers, Decentralized Nodes, and Emerging Tech Threats... "
https://fountain.fm/episode/TmC6KGSxTKYt8X9Zb2zY
My notes are, Gloria Zhao is one of the 5 Bitcoin Core key holders. We trust them until we can't. I really liked how her biggest fear is "how people perceive Bitcoin Core."
But it wasn't until she said 'why' did it resonate with me, she used an example of some people who give Bitcoin Core a bad name, as they are over the top with their approach.
DAMN RIGHT
Was she talking Udi and those who support him like Bitcoin Magazine and, Starknet?
The latter matters, I have written about it a lot. It's a problem when VCs infiltrate 'open source.'
Compromised?
I get it. But I also understand how the first Oncologist/Hematologist told me "You will burn out in 2 months, I see husbands like you all the time."
Yeah, that was 27 years ago Mother Fucker, while most of my anger has subsided on cancer, your words still motivate me today. Thank you. I take comfort knowing you are retired and I don't have to go to any more funerals of your patients. (I went to 3.) Thankfully it will never be my wife's funeral and it sure would have been if we didn't fire your ass. You weren't a specialist in her cancer and yet you graced the cover of Minneapolis Saint Paul Magazines as if you were? (See "Bitcoin Magazine?", it matters.)
Thank you for the motivation, thank you to the actual experts who know how to use their EQs and IQs to help.
Thank you Bitcoin Experts. Thank you 5 Horsemen of Bitcoin Core?
Sign me,
- Four year Bitcoin Advocate learning the basics as the Hack I am

2024-08-17 15:23:55

I am trying to move over here, Dorsey said how the engagement is so 'empty' on X and I have felt that will all my social media accounts. I have 2 left, an anonymous one on X and an anonymous one NOSTR.
I want to get it down to just here but I struggle. It may be two steps, 1) I still can do snarky replies
2) I will not spend the time for thoughtful, well thought out comments, feedback, criticism, or articles I compile
My engagement analytics are terrible on X but I firmly believe I have better content than the low effort, high engagement 'influencers.'
I am Bitcoin Only and if you post a lot of Bitcoin on here, please let me follow you. I know that isn't what NOSTR is all about but I have a chance to evolve over here.
#note1sgq…2sxw

2024-08-14 14:08:02

Bitcoin: "A Thank you Note to @npub1qny…95gx "
I wanted to personally thank Matt Odell for his interview with Saylor. It meant a lot to the community and me. I really liked the format but of course my favorite part was the same as everyone else. When you addressed the "elephant in the room."
Open source is the toughest environment there is, but having an open mind like you do, shows enlightenment. Of course I gave you kudos for your frustration with Saylor not opening up his checkbook and perhaps his being behind Cathie Wood/ARK not supporting developers (ARK has recently reversed this stance and is donating 8% of REVENUE to open source development.)
It is no question Jack Dorsey is the king of Open Source and at first glance it would appear Michael Saylor is the spoiler.
Here is where my 35 years of cube dwelling comes in, all my years were in the BI space, as a developer, including a stint working on the vendor side, as a tech rep, for a competing BI company to MicroStrategy.
It was super eye opening being behind the scenes of BI Software and all the headaches. I know exactly what kept Saylor up at night and that was making sure his MicroStrategy software wasn't compromised.
I worked the 3rd and 4th level Help Desk at times and that was nerve wracking as I had no clue how some of the software was supposed to work on various operating systems. My example, the WANG.
I knew the mainframe, midrange, DB2/2, PC....but it was hard to learn and I quickly learned, I can't know it all and you had to hunt down the right people in the company or WORLD who could assist. Most of this was pre-Internet so I relied on Knowledge Bases behind firewalls.
But the trickiest were the New Feature Requests (NFRs) or User Written Subroutines the customers demanded.
The reason Saylor is so gun shy to just go gung ho on supporting the funding of Bitcoin development is exactly what I feared as a developer.
Think about it, Microstrategy has 1000s of installations around the world, with millions of users. All behind firewalls and truly centralized. All those developers who are writing billions of lines of code with the MicroStrategy software doing reporting for internal lawyers, sales, or more important the SEC.
Yes, that SEC, there are so damn many rules and regulations and most companies rely on the software to make sure they are not understating (they love it if you overstate and go quiet) PnL, Balance Sheets, General Ledgers. But what if one of those NFRs, was traced back to MicroStrategy's software and they were sued for Billions? Game over.
Saylor is not anti-spending Bitcoin, but he has repeatedly said the most friction is Bitcoin as a currency. He also lays out why, with the legacy systems all built on the US dollar, but he also knows the scrutiny. The government is watching Saylor's every move, they even sued him because they didn't believe he shares half his time in Florida and DC. My friends are quick to bring up he paid $40 million just to settle, they see guilt, I see focus.
Compare and Contrast this with Dorsey. Dorsey can be a lot more free wheeling than Saylor. Dorsey wrote Twitter which essentially is a one-stop-shop installation in one spot. (Coincidence Cash App/Block are all over the news with some recent $15 Million payout?)
With Twitter/X, something goes bad in the code, they can easily do an 'emergency' change it in one place. Have you ever installed BI software in Fortune 50 companies? I have, sometimes all alone. It isn't easy at all. Especially with MicroStrategy, no offense, but I voted against them because I heard nightmares about their installation process. It matters to BI professionals.
So, thank you Odell, for that interview with Saylor, and not bringing up the public discourse of Saylor not supporting open source development.
I bet he does, but super calculated, and behind the scenes. I am sure he'd rather give NOSTR $40 Million than the government.
Best.
So, I know this is

2024-07-20 18:01:34

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WIth that shirt...it's obvious:
Don't you know
That you are a shooting star
Don't you know, whoa, yeah
Don't you know that you are
A shooting star, yeah
And all the world will love you
Just as long, as long as you are

2024-07-11 14:48:29

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Exactly, especially the ones who may have a serious conflict of interest on everything they represent.

2024-07-10 13:55:57

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Butter all the way, about 30 years ago, someone showed me you simply melt the butter in the pan first then butter both sides of the bread. Game changer. Why wasn't I taught this day one?
In Kansas: "Toasted Cheese"
In Minnesota: "Grilled Cheese"

2024-07-06 23:18:04

https://m.primal.net/JJea.jpg

2024-07-06 14:23:42

Maybe Bitcoin is dyslexic and this is a Dog Candle?

2024-07-05 13:41:12

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Web5 End Game

2024-07-03 13:57:08

I like this one, it reminds me of a favorite quote of mine with a candle in it:
https://m.primal.net/JGhM.png
#note1yrt…jpc7

2024-07-02 15:00:01

Awhile ago, I posted on X how upset I was with Edward Jones not allowing me to buy into the ETFs or even MSTR. X is not allowing me to post to @edwardjones. So I am moving the conversation to NOSTR.
I called out their CEO, Penny Pennington.
Early this year, it was stressful trying to move my money out of Edward Jones to Fidelity.
I so, so, so want to send the analysts that fought me so hard up here in Minneapolis the one text I sent my wife last Friday.
I haven't told her anything, other than, "remember when we were on vacation in Tempe, Arizona, swearing about Edward Jones?"
Wife: "Yes."
Me: (sending her a snapshot) "Well, the money I moved is up 88% so far since I moved it to Fidelity."
Wife: "Amazing."
That isn't even a YTD number because it took so long to move.
I am grateful for Fidelity with their true 'thought leader' who doesn't have to call herself that like Penny does, Abigail Johnson, CEO at Fidelity.
Also, side note, my absolutely terrible HSA custodian, yeah, I moved that money too over to Fidelity ---- literally 3 clicks to create and you all have no excuse not to do this ---- and now that one is 'only' up 56% so far this year.
I get it, I understand self custody is the way to go, but so much of your funds for so many are locked in FIAT Jail and it makes sense on HSAs and IRAs and 401Ks to from from "40 NO K" to actually $401,000 K.
No capital gains taxes in HSAs or these accounts.
Bliss.
Thanks to some of you still FIAT Based CEO Wardens who have turned your FIAT Federal prisons into where at least some of us are still treated like criminals but can make money in the meantime. Totally legal and moral.
Thanks Satoshi.
https://m.primal.net/JFhz.png

2024-07-01 14:03:20

Idea, I know not everyone in the world celebrates the US Independence Day, but how about we treat it like worldwide Bitcoin Independence from FIAT Day?
What say we all: "Smash Buy on the 4th of July"?
All in, thumbs up?
https://m.primal.net/JEVQ.png

2024-07-01 02:25:02

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WTF is PC Load Letter

2024-06-29 19:21:39

Is it a new trend where people are quoting other people on Bitcoin but not taking the time to put who said it?
It's dumb.

2024-06-29 14:26:09

In the US. Forget Work From Home, our next President may have to work from Prison or Hospice.
Seriously, this is our choice and we are not going to stand up for it?

2024-06-29 03:48:13

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Tears on all these. Thank you. One more from me https://youtu.be/nF7lv1gfP1Q?si=_7P_bK1-G-XkmCUX

2024-06-29 03:29:26

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https://www.youtube.com/watch?v=xYc4DT18EJg

2024-06-29 02:02:03

AI Bot for President.

2024-06-28 15:24:08

Bitcoin has changed me. I am now physically and mentally more fit than I have ever been. In the past, what is going on in the world, or in the US, mostly politics, was so depressing. I felt helpless.
Bitcoin give me hope, I don't feel hopeless or helpless anymore.
Regardless of your wealth, your health matters much more and to live in this world with a Bitcoin saturated brain, in envelops me with an invisible force field to deal with anything and a purpose to keep going.
You can't put a price tag or an "all time high" on Satoshi's gift of Bitcoin to the world.
https://m.primal.net/JAyM.jpg

2024-06-28 15:00:08

Too early to ask if anyone out there, or at Swan Bitcoin, has orange pilled Gavin Newsom?

2024-06-28 14:16:01

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The topics sound great. Is there going to be a readme.txt in GitHub for a decipherable hexadecimal link in order to know when and where to listen?
🤓 😤

2024-06-28 09:48:17

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Understood. No way he’s on the ballot in just over 4 months. Biden no Time

2024-06-28 09:21:00

Jill Biden is the problem. A good wife understands best her husband’s limitations and would shut him down out of love.
It’s about her. Selfish. Sad.

2024-06-28 03:19:36

Democrats are in massive trouble. The lighting makes Biden look like a corpse and his voice is screaming he needs water because he’s 90% dust.

2024-06-28 02:28:19

100,000,000 Bitcoin Bits sounds cooler and makes more than cents.

2024-06-27 17:50:00

How'd you like to work as a journalist where your employer cranks out all sides of the same issue over the span of two days?
Really Barron's? Who are you fooling? Taking a page from Fred Kruger?https://m.primal.net/IzxO.png

2024-06-27 17:32:39

Bitcoin: "Coinbase Wallet - 1 good use case"
I am Bitcoin class of 2020 notching the Bitcoin Only status in 2021. But not before I fell for the scam coins and scammers. Including, Brian Armstrong. I watched and read everything on this guy, reading how he wanted to help out researchers via the 'blockchain', how Coinbase was brilliantly coded by etc. I even read "The Outliers" he recommended (not a good book in hindsight.)
Brian Armstrong (2020) was believable.
Until he wasn't, but not before I bought into the IPO of Coinbase at its still all time high, not before I listened to his CFO testify alongside SBF to Congress. How essentially Coinbase (read Armstrong) had nothing in place for finance anything before she got there. (It's all on C-SPAN if you want me to refind it.)
Never mind the senior counsel at Coinbase has a .eth in his X handle as he argues for shitcoins set to financially ruin their customers all for profit for them.
Coinbase is not pro Bitcoin.
It all bugs me, the people at Coinbase. Just like the people at "Bitcoin Magazine."
Bitcoin Magazine is not pro Bitcoin.
But regardless, I do keep a Coinbase Wallet with about $10 of Bitcoin in it, with my seed phrase carefully stored in my 1password account.
Just in case of a wrench attack, I can "act" like I am all upset as I turn over my 12 word seed phrase.
Of course, any Bitcoiner knows how idiotic doing this really is but not the ones who support Brian Armstrong and David Bailey.
I feel safe.
And I get to see the idotic things like this Coinbase is texting and emailing out to the customer base they don't give a crap about it.
This one irritates me because 'Ocean' is in here, never mind DOGE was up according to another notification they sent to their profit base:
https://m.primal.net/IzwV.png

2024-06-27 05:09:01

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*there. DUH

2024-06-27 05:08:19

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Nothing at all. Bitcoin is time for finances. NOSTR is time for social.
Organic growth is the most exciting. Dorsey really has resonated with me the last six months. Freedom of Will. Privacy. Etc. I want to support people like Dorsey and you with my precious time for life. Thank you. Like the early days of the Internet, their were millions of “this page is under construction” sites and ideas. Go NOSTR

2024-06-27 02:36:45

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Nice. My laser eyes are purple to back up what you are saying. Thanks for helping me get on here 18 months ago. I am trying to spend more time here and not X.

2024-06-27 00:55:11

In my 35 year BI career I can count on one hand the female engineers. Same with female Bitcoiners I interact with in my fake online world? Why is IT/Bitcoin such a damn sausage fest?

2024-06-27 00:47:30

Old school cool. This site is over 25 years old. I still laugh. I am going to Hell.
http://www.thebestpageintheuniverse.net/c.cgi?u=irule

2024-06-27 00:38:44

https://m.primal.net/IzEj.png

2024-06-27 00:37:52

https://m.primal.net/IzEh.jpg

2024-06-27 00:36:43

https://m.primal.net/IzEe.png

2024-06-25 16:43:25

David Bailey and Brian Armstrong are two of the worst Bitcoin Advocates on the planet.
Why don't most people $ee thi$?

2024-06-25 14:56:17

Bitcoin: "The Asian EVASION"
TLDR: "Asia isn't getting the right Bitcoin information and education, huge missed opportunity."
====
I have watched many of the Bitcoin Podcasts out of Bitcoin Prague. As an American, I am totally saturated with my online, home schooled Bitcoin education. Proven by my not being overly impressed by Mallers and Saylor's presentations. It has nothing to do with them at all. It just has to do with, what has been said and what is being said today on Bitcoin. Starting with Satoshi, he ran out of things to say, even got frustrated at one point emailing:
"I can explain it to you but I can't understand it for you."
The most unanticipated reveal to me in listening to these recent presentations was in this one:
"The State of Bitcoin in the World — Jack Lee, Parker Lewis, Abubakar Nur Khalil, Rikki &Joe Nakamoto"
https://www.youtube.com/watch?v=XWDJLV6RFww
The reveal was down to one person, Jack Lee. Jack clearly explained why adoption is so tough in Asia, think China. For one thing, fingers point directly (again) to "Bitcoin Magazine" and how they hosted a "Bitcoin - Asia" conference. As Lee explained, it was mostly Crypto.
Asians, unlike America, are not getting the "there is no second best" message or the difference between Crytpo and Bitcoin (I am attaching one of my favorite images to explain it.)
So why is this?
- Most of us thought China 'banned' mining, they didn't
- China doesn't care if you hold Bitcoin as Property, it's a problem when it is currency and you try to take it (thus the - possible - Shanghai Bitcoin ETF will be an excellent onramp for the Chinese government and us - not necessarily the citizens.)
- If you listen (you should) to Bitcoin Mechanic/Giacomo (Dorsey funded Ocean) you know the Chinese (alongside American VCs like a16z) are funding the Ordinals/Inscriptions/Runes/Stamps initiative
- They also explain how the Chinese manipulate the ASICs and Pools
So, why isn't there more of a push, to push out "Bitcoin Magazines'" approach of BINO/Bitcoin Obfuscation (like Coinbase CEO Brian Armstrong does to)?
Easy. It's the money. It's so great, for them, keep the people thinking there is a second best as their customers lose their money and then the government can say, "see, we tried to tell you?"
No you didn't, it's about you, you all know Bitcoin is the best but you can make a ton of money off altcoins and you know they are zero threat to your money machine or any government (read politicians) anywhere.
I wish BTC Prague or Swan's Pacific Bitcoin could go on a true/blue Asian tour.
One problem, the Chinese government may not like the truth on Bitcoin?
Satoshi NAKAMOTO picked an Asian name, I wonder why, it's sad if he was Asian and the adoption is so poor. Let's make him or her proud of choosing Asia and Bitcoin.
Bitcoin. For everyone. The People.
Special thanks Jack Lee wherever you are, we have three Jacks now:
Jack Mallers
Jack Dorsey
Jack Lee
This post dedicated to Asian people everywhere, a huge hobby of mine is cooking, I cook all various regions from Thai, to Vietnamese, to Japanese, to Chinese.
I love all your food so much, I tell people I am ASIAN because of your food, I sort of am, Cauc-ASIAN.
Much Bitcoin love to all of you Asians.
https://m.primal.net/IxWP.png

2024-06-25 13:51:43

Maybe you can fix stupid?
What if someone on here came up with new altcoin called Ethereum 2.0? (think BTCSV etc) and market it as:
- We made a mistake we realize POS isn't working and POW is best
- It will help in mass adoption
- We can reuse the RoadMap
- Vitalik can still act like he is in charge
- You Upcycle by using existing Mining/Pool infrastructure (No need to have 32 ETH in order to be able to mine)
- Truly Decentralized
...but there is one tweak to the RoadMap, Ethereum 2.0 actually points to and is purely Bitcoin, ETHSV?
This would fix stupid?

2024-06-24 23:03:30

"Bitcoin: HEAT is COOL and COOL is COOL"
Byproducts can super useful and a side business for profitability.
Famous Byproducts:
SAWDUST - from making lumber
STRAW - from harvesting grain
WHEY - making cheese
One of my favorite quotes from mining bitcoin is: "Bitcoin doesn't waste energy, it uses waste energy." Bitcoin mining unlocks some more of the Bitcoin bricks, every ~ 10 minutes, in a Bitcoin house made up of 21,000,000 bricks already built.
Like the Wizard of Oz, the curtain lifts a little bit more every during those new blocks, some of which is made up of simple code, the halving is simply 6 hard coded lines.
During the mini Bitcoin reveal parties where there is always the same one color, orange balloon, there is always a byproduct to the curtain pulling effort. Heat.
This Bitcoin byproduct of heat, is heating Bath Houses in New York City, to pools and floors all around the world.
But it's freaking hot in the desert, like the Sonoran desert of Phoenix, Arizona, or Dubai hanging out in the Arabian desert.
They don't need heat, they need cool, so is anyone working on that part of the Bitcoin Mining giving back Rabbit hole?
Note this "Nature" article:
https://www.nature.com/articles/542023a
News Feature
Published: 02 February 2017
"How heat from the Sun can keep us all cool"
XiaoZhi Lim
Nature volume 542, pages23–24 (2017)
<snip>
As demand for air conditioning climbs, some see a solution in the very thing that makes us sweat: the Sun.
<snip>
"The gas-squeezing step is needed because to shed heat outdoors efficiently, the refrigerant must be very hot before it goes through the condenser, explains Colin Chia, co-founder of the Singaporean company Ecoline, which developed Hotel Star Sapphire’s air-conditioning system. In electrical units, this is done mechanically. But there is another way — simply using heat.
One of the oldest air conditioners to be built on this principle burned wood to supply the heat and was introduced at the World Exhibition in Paris in 1878. It was “a marvellous old machine”, says Christian Holter, chief executive of SOLID, a company in Graz, Austria, that specializes in large-scale solar-thermal cooling and heating systems. Called absorption chillers, the devices use heat from the Sun to boil the refrigerant out of a solution — typically water from a salt solution, or ammonia gas from water. Then the gaseous refrigerant goes through condensation and evaporation stages similar to those in compression systems (see ‘Two ways to chill’)."
My Open Ended Conclusion:
One of the first Air Conditioners (Paris 1878) was wood burning. Why can't we heat and cool things from the same Bitcoin mining HEAT byproduct?

2024-06-24 17:13:54

Making a Bitcoin Mountain out of a Mt. Gox Molehill.
Mostly a nothing burger because of two words, "In Kind."
Bitcoin will move from a terrible custodian to hopefully the best custodian, individual Bitcoiners or the 'Flavor of the Bitcoin Month next best Custodian.'

2024-06-24 15:57:24

Think of Bitcoin as food. What if there was one scarce dish, only 21,000,000 to feed Billions of people?
It comes down to worldwide consumption and two charts for me.
1) The total amount technically possible to Consume, $900T (Jesse Meyers, @croesus_BTC, update BTC today over $1T as it eats into the $900T)
https://m.primal.net/IwPU.jpg
2) Best Asset Class 8 out of 11 years? (All while, anyone in the world benefits from Bitcoin Pad Thai or Bitcoin Pho or Bitcoin Pizza or Bitcoin Pasta or Bitcoin Cheeseburgers)
https://m.primal.net/IwPT.png

2024-06-24 14:25:29

Old School: "History Repeats"
New School: "History Rhymes"
I am old school. History Repeats not Rhymes, look at these three examples, any others worth noting?
Medical: 1930s
https://m.primal.net/IwLK.jpg
Economics: October 30, 1978 (Nashua Telegraph)
https://m.primal.net/IwLL.png
Political: April 1890 (Attica Kansas )
https://m.primal.net/IwLN.png
"Inscription"
Snopes: TRUE https://www.snopes.com/fact-check/grave-statement-2/

2024-06-22 14:52:07

Incredible presentation by Jack. I need to follow his lead. Jack has taught me:
- How empty our online existences really are
- How so many take from us and it isn't worth it.
The solution of being Minimal, Duplicate, and Trust and Verify is packed full of genius.
Thanks Jack, I will do better, to support Open Source, being permission-less, posting more on NOSTR etc.
Your solution on your phone with the apps was so easy and so smart in hindsight.
#note1yne…jgrg

2024-06-17 17:13:18

Bitcoin has allowed me hope on two fronts:
1) Interest in anything Economic
2) Renewed Interest in Social Media (NOSTR)
I have two throw away accounts left on Social Media, one on X and one on here. Sadly, I fell for the Blue Checkmark and paid for a year so I feel I have to 'get my value' out of what I paid for but it's a terrible online existence. Exactly like I felt when I left FakeBook in 2017 and LinkedIn in 2022. Super empty.
I want to help here, especially on the development side but I struggle with people not adopting Ocean and adopting (via complacency - non action is adoption) Spam.

2024-06-16 21:26:56

Now cancelled Scott Adams was a genius whom I respected and admired as he helped me as I suffered inside Corporate America for decades.
https://m.primal.net/InLS.jpg

2024-06-15 13:55:11

"12 Word$"
Did I miss the big Trezor announcement in Prague? If it is their new hardware wallet I don't get these things. I am a huge fan of Dorsey and his hardware wallet. But iIt is a Billion dollar business.
My take, I simply went with the cheapest "seed signer." I got my 12 words. No matter how glamorous or expensive or marketing you make it, you are paying for 12 words.
So, my 'old' Jade sits and gathers dust and I don't care if I ever touch it again at this point.
I think we are in a bit of a lull with Bitcoin price for one reason, people like me.
As an old three decade data/analytics guy, I am not impressed by many of the sexy charts showing the ETF or Power Law analysis or comparing to the past trends (i.e. before the ETFs).
It comes down to my strategy and I think there are a lot like me.
A few years back, I was done, with my Jade. I 'had enough ' and wasn't going to buy anymore Bitcoin. I am a Smash Buy Guy and it's too putzy and boring to do DCA.
Then FTX etc. The Drop. I just shook my head, dusted off the Jade, doubled my stack.
I am at the same point now. I am done stacking. No need for greed.
However, if people are dumb enough to let this thing drop down to $16k again....then I will...dust off the old Jade. "IF... THEN ...ELSE" code and RTFM has made developers Billions in income, until AI?
Until then, no need in the future to get Jade 16.0 or Block .37 Or Trezor A56AB with an HD camera/xQR (made up) code/Starlink enabled/Laser Pointer/Lighter for "only" $512.
I have my 12 words in my 'tight' UTXO(s).
It's exhausting to me.
I am a psycho?

2024-06-15 13:40:06

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I am not on any social media anymore and feel exactly like this on X and NOSTR.

2024-06-15 13:31:17

Asking for a friend, is btc prague affiliated with "Bitcoin Magazine" under BTC Media LTC?
I don't know why I always thought Prague was independent, cool, and Bitcoin only but not if it is linked to David Barnum and Bailey.
I hope the BTC Media LTC events are following Bitcoin's true lead and ticket prices are headed toward zero if so.
Not a fan.
Bitcoin is open source so should the events or at least the access to these events should be free worldwide via streaming.

2024-06-07 15:16:40

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Done. No need for Sats, send them to FJ. Thanks for this post.

2024-06-03 18:09:09

https://m.primal.net/IXTw.jpg

2024-06-02 15:49:08

Either most apps have the worst built in 'search' function or I am a developer and I think differently on how search should function, or I have the gene where I just don't understand apps various ways to use search function.
Today's App (which I love and use constantly, @npub1v5u…n0v5 , is it just me or are you listening to a podcast and struggle to get back to the home search? I "go to show", swipe like crazy various ways, and most of the times just close down the app and go back into it?
Just me?
https://m.primal.net/IWEE.jpg

2024-05-31 15:50:36

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Outstanding. As always.

2024-05-24 15:18:00

I apologize to the Bitcoin Development community, I am finally running a node. It was one of the easiest technical things (if you can even call a couple clicks technical) I have ever done.
I did post this on TwiX:
Sorry to even ask this, I am finally running a node and this is so damn basic. But to speed up the initial download/synching process, since the data is 100% static as of the past 10 minutes. Can't someone just zip up the ledger at a point in time, then download locally to underused CPUs/GPUs worldwide, unpack, then do a quick synch to catchup/synch in real time?
No different than how TurboTax does it on their (old) CDs or initial download and as the software/tax law changes you do updates? In this case, it's not software updating it's simply data.

2024-05-24 13:44:04

I absolutely love Jack Mallers which right there is one of the dumbest statements ever if you even remotely understand Bitcoin. He's super complex and smart, that said, can anyone tell me what is on his hat? I bet there is a hilarious reason behind it.
https://m.primal.net/ILNE.png
From:
https://primal.net/e/note1czw026g84z55ng8ea6mr3fcf2aszjxxsvy9d6fzmllskjfn0n7yqzhvfak

2024-05-24 01:53:45

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Outstanding, I simply salute you Jack Mallers. You are a one man wrecking and building crew. Wrecking and building the right stuff.

2024-05-14 14:26:59

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RoaringKitty people's lives are BoringShitty.

2024-05-13 19:47:29

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Yeah...okay, as every one of your posts is clouded by your extreme disdain for Dorsey. What happened, why so butt hurt?

2024-05-13 18:42:22

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Duh...they don't like Ocean either, you would have hated the early Internet days too with the 404 Page Not Founds or 'This Page Under Construction' sites on dialup. This is the future, super easy to post why something will fail. Take a stance.

2024-05-13 18:36:03

"Two Jacks and a Saylor: Are they on the same page?"
Big fan of Jack Dorsey, he's following Saylor's lead with Block.
I always thought Jack Dorsey (JD), Jack Mallers, and Michael Saylor were all on the same page. That's naive. I am still a superfan of all three men but Dorsey to me has the most pure intent when it comes to Satoshi's vision.
I followed the public blow up with JD and a16z. I also listened intently to JD in Portugal. He was crystal clear on why he was there, for Open Source which completely houses Bitcoin/NOSTR thus he was wearing his infamous SATOSHI shirt and NOSTR hat.
He explained how much Big Tech has TAKEN from Open Source and has never GIVEN back to Open Source efforts.
Read, no one is giving big money, other than JD, back into Open Source:
Dorsey: Bitcoin/NOSTR:
- OpenSats $21 Million Donation May 4, 2024 https://news.bitcoin.com/jack-dorsey-backed-initiative-donates-21m-to-bitcoin-nonprofit-opensats-to-bolster-development/ (Essentially $15 Million for Bitcoin and $5 Million for NOSTR)
- His company Block just announced the creation of a 3nm ASIC
- Getting into Bitcoin Home Mining kits
- He supports Ocean and supports the people rightly concerned with SPAM and keeping mining/pools/nodes truly decentralized
- Hasn't publicly supported SPAM/Ordinals/Inscriptions/Runes/Stamps
- NOSTR champion
- Buying BTC for Block's Books
- Understands the Africa/unbanked/underbanked
- BTC SOV and MoE
Mallers: Bitcoin/NOSTR:
- Massive Supporter of Bitcoin
- LN guru and visionary
- Is indifferent on SPAM/Ordinals/Inscriptions/Runes/Stamps by his comments here, basically thanking them for financially supporting the Bitcoin Network's Health https://soundcloud.com/what-bitcoin-did/nobody-understands-bitcoin-with-jack-mallers-american-hodl-alex-thorn-calle (Never mind most of the panel underwhelmed by simply thinking the attack is a 'nothing burger.)
- NOSTR basic user
- I thought he understood Africa/unbanked/underbanked, but not if SPAM isn't a threat?
-BTC is SOV and MoE
Saylor: Bitcoin/NOSTR:
- Bitcoin Chad
- Pro LN
- Supportive of SPAM/Ordinals/Inscriptions/Runes/Stamps with his Orange Checkmark work
- NOSTR, no public support, a few posts
- Bitcoin Development, rumors are he tried to shut down ARK from donating
- I heard one comment in a Lightning Round with Natalie about Saylor talking Africa
- Has Saylor ever publicly supported Ocean or given money to Open Source projects?
- BTC a SOV (I align with this: https://bitcoinapolis.blogspot.com/2022/12/bitcoin-bitcoin-as-digital-property-is.html )
I agree with 99% of what Dorsey is doing, 98% of Saylor, and about 90% of Mallers (he's still a green horn with massive mentors.)
My favorite, albeit crappy, title I achieved in my BI Corporate America career was 'Principal Solutions Engineer' (even though they never listened to me when I said it should be Principle not Principal. Coders are all about precision.)
But I do like Solutions, so what will it take? Open Source is way harder than Closed/Corporate/Legacy/FIAT. So much of it was 'organic' with TCP/IP, SMTP, VOIP, Linux, and now Bitcoin and NOSTR. There are so many ways to 'armchair quarterback' why something will fail, no different than NOSTR or Bitcoin, but you also have to plan for your success. We have to plan for Bitcoin/NOSTRs success. What does that look like? How can we help in a positive way, I can't give millions but I can donate a ton of my precious time. (Only my cancer advocacy is more important.)
Projects I would love to help:
- Decentralization of Nodes -
https://x.com/Bitcoinapolis55/status/1789627285198242153
"...so yah 77% of the UTXOs are useless and are a waste of resources."
- Decentralization of the miners/Pools
I am pro JD's Ocean, but how do we overcome the $$$$$ incentive when people go with the disingenuous because greed overrides what is right? How do we take Ocean from Minority to Majority?
- Developers: How do we make sure we are funding the 'right' projects and are not just turning into shills or supporting those developers who losers like a16z/Bitcoin Magazine support?
Once again, most pressing, elevating Ocean. If you look at our past, some of the best projects and things never made it to mass adoption. Mainly because people with the FIAT money had the best marketing and advertising.
Satoshi had a little budget, how can we get back on the right path and incentivize people to go with Ocean and Bitcoin Knots?
I can't help but think of the story of the guy who developed the Weber Grill. How many demos he had to do in order to get mass adoption. Fueled simply by passion, for his product.
How can we recapture Bitcoin and make it boring again, and move all the SPAM and other non-monetary projects like the Orange Check off the Bitcoin Base Layer onto L2+?
We capture stranded energy for Bitcoin Mining, how do we capture stranded passion for Bitcoin advocacy?
We can't simply let 2 Jacks and a Saylor do everything. There is power in numbers, not images.

2024-05-11 02:09:43

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Beautiful, long time shareholder in a handful of companies now because of leaders like you. Thank you. Simply. Thank you.

2024-04-28 14:48:27

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Promoting Bitcoin scammers is a class in of itself.https://m.primal.net/IAtG.png

2024-04-19 13:53:40

I have been getting a pop-up box every time I try to follow someone new (Primal) and it warns me I will lose all those I follow. Well, I finally clicked it and it was true, I am down from 1000 to 0.

2024-04-18 13:53:09

Censorship isn't cool but sometimes the effort people take to post on any platform, including NOSTR is lame.
Take your time. Post something deep, aside from "GM" and "NGU" or a stolen Meme.*****
***** - Yes, I stole this image but tried (my effort) to cater it
https://m.primal.net/HwlG.jpg

2024-04-16 22:25:35

Fountain is my favorite podcast app, it just works great, remembers where I left off etc.
Great app and earning Sats listening.

2024-04-12 22:25:57

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Exactly, in Corporate America the really bad outsourced IT resources (for decades it was India) were held to a totally different quality standard.
My entire career I'd lie in bed awake hoping I didn't break something with my latest patch, upgrade, etc. These guys were paid to essentially break things then hand the breaks to another outsourced "Production Support" group under the same umbrella.
Huge money to be made in prolonging the solution.
These guys just put in garbage and wouldn't fix things most of the time and break way more than they fixed.
We called it, "Fix Something, Break Something."
I am all for giving money to the right projects and people. That detail needs to be flushed out is all, down to the names and those individuals motivation to add to Bitcoin.
Are they pushing the BIP to benefit for themselves from: Ordinals/Inscriptions/Stamps/Ruins?/<Flavor of the Month SPAM>

2024-04-07 16:33:08

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I thought I knew fruit, I mean really knew fruit until I went to Costa Rica. My wife planned an excursion on a small 2 acre family owned business that was fruit and cocoa.
It was one of the most incredible 2 hours of my life, these guys were experts on fruit, knowing EXACTLY when to pick it and how to serve it.
One that isn't available in the United States (too fragile) was Soursop and a few others I can't even remember. Incredible is all I can say.

2024-04-06 18:53:18

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$25 plus $5 tip

2024-04-06 14:11:39

https://m.primal.net/HrqL.png
#note1r39…rhya

2024-04-04 18:44:58

"Bitcoin: Yet Another SPAM attack"
Subhead 1: "Why I will never, ever be on board for Inscriptions and Ordinals"
Subhead 2: "Pro Filter"
Protect the Bitcoin Timechain from GIGO/SPAM
Outside of Bitcoin, it is all about the data for Technical Analysis, Data Scientists, Mathematicians but what is happening behind the scenes to get you the result sets? The data is so massive on the queries where you only see the output/result sets.
SPAM/JUNK/Garbage inside companies databases is a huge issue. Sometimes, because there was no foresight, the databases are crammed with Garbage. The industry knows it as GIGO - "Garbage In, Garbage Out", it was one of the worst parts of my job. Why? The Business (aka The Freds) demand Perfection and GIPO (Garbage In, Perfection Out) is impossible.
I tried and tried to tell the higher ups to add in 'edits' or 'filters' or anything to help. No one listened and we had to code around it, millions of lines of codes so the result sets were as good as we could get. Of course The Freds would say we are idiots as they spun up some stupid Pivot Table showing us what we already knew. Never helping us stop the three-headed fish at Lake Itasca and complaining where the Mississippi emptied into the Gulf of Mexico. CEOs/CIOs never listened no ROI, just live with with the noise.
With Bitcoin, we do not need to follow what FIAT has allowed in every aspect of our lives...we just need consensus.
SPAM EMAIL
Some of you don't remember the early days of email, it was awful, how much of your email was SPAM. But guess what, it still is a terrible amount but there are thankfully filters/edits in place.
"The percentage of total email traffic that is identified as spam, has consistently decreased (from 56.63% in 2017 to 48.63% in 2022)." - emailtooltester.com
Incentive: Spammers worldwide take in $200 Million a year
SPAM MAIL
"Direct mail marketing is a $10 billion industry in the US. 33% of all mail delivered worldwide is junk mail.Dec 15, 2023." - Healtheplanet.com
SPAM PHONE CALLS
Most of you don't remember landlines, before caller ID, during dinner, spam calls. We'd sometimes answer, Dad swearing. It wasn't good. Today, at least there are filters out there you setup to protect your peace of mind or time or have been pre-filtered to your pain point thresholds.
Today: Nearly 25% of all phone calls are spam or fraud.
"Fraudulent Robocalls to Cost Mobile Subscribers a Record $58 Billion Globally" - JuniperResearch.com
(See graph)
SPAM BITCOIN
Incentive: Make money off Garbage in Bitcoin
Any of you who support Ordinals or Inscriptions are supporting garbage into the data, junk, spam. At the end of the day, Bitcoin is a not so wide (columns) and not so long (rows) of data. Think Excel spreadsheet.
A Result set. It matters because this data has to propagate all over the world for Bitcoin nodes to verify, to run the Lightning Network etc. It's annoying and it needs to be ULTRA filtered out at all costs and let these SPAMMERS go back onto other blockchains where they failed. Bitcoin has never been and wasn't built to be cool or fun.
Go be cool on ADA and ETH, I heard that is where all the cool cats and frogs hang out?
People who support Spam on Bitcoin are the lowest of the low, just like the spammer/scammers on email, snail mail, and phone calls.
Bitcoin needs to do it right since FIAT world never was able to get it right. Further, Satoshi started out by going after email SPAM and it turned into Bitcoin. Let's prove Satoshi right (forced hand) by his vision of people will not (be able to) spend 1000 Sats for 1 Sat of space, as they are doing today. Today these guys are well funded by many bad actors who publicly are trying to break Bitcoin. We can shut them down, being true to Bitcoin being an open sourced Financial system and stopping attacks (aka SPAM) on Bitcoin can't be labeled as 'censorship.'
Incentive: There is money being made, by miners too but it isn't worth it for the Bitcoin Timechain Publci Open Sourced Ledger. Listen to Mechanic/Ocean.
A sucker is born every minute, there are people who think they JPG is invaluable for its permanent place in the Bitcoin Timechain. It's isn't and let's work together to simply filter out the noise from the signal. Anyone ever hear that one?
PRO FILTERS, OP_Return, smaller blocksize? Ocean, whatever it takes.
https://m.primal.net/HrMo.png

2024-04-04 15:18:08

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It's the future. Early days of the Internet there were millions of websites with a simple "Under Construction" message as people were developing like crazy. No different but everyone gets to still interact as the awesome developers build. I was a young developer...once. I am too old school to keep up now.

2024-03-30 01:04:29

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Carrot Cake is the Pineapple on Pizza of cakes.

2024-03-28 13:15:10

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I have spent a couple decades with cancer researchers as an advocate. One thing people know for sure is how important the sun is, especially with cancer diagnoses. The closer you get to the equator, the less cancer, other than skin.
In cold weather states, there is a high level of Lymphoma. There is a thought it is because of the lack of Vitamin D. Similar, in these cold weather states/climates, there is a higher incidence of MS too.
We humans are 60% water, could we be more plant based than we realize (we share 40-50% of our DNA with a head of cabbage.
If you follow American politics, politicians share about 90% of their DNA with cabbage.
We think we know so much, we don't have a clue, no one understands how our brains work or what the Mechanism of Action is for aspirin.
Aspirin wouldn't eve be 'approved' today because of all the rules.
We are messed up.

2024-03-25 23:39:40

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Hahaha..."Glitch Dad, Door Dad"

2024-03-25 23:32:29

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I am only 6'3" and it is brutal for me, but also me.
https://void.cat/d/AZAr5TsnaEDajACtuomPuW.webp

2024-03-25 20:59:03

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Happiest of Birthdays, to a favorite of mine. Whoohooo....bask in your awesomeness.

2024-03-25 11:57:52

Can someone explain how a money losing social platform, formed a handful of years ago, has 5 million people on it, is being merged with a shell company for $5.7 Billion?
https://www.yahoo.com/tech/trumps-truth-social-only-5-191344189.html
Truth Social?
More like:
https://m.primal.net/HoJn.png

2024-03-22 13:05:09

As a former BBS junkie, using the same Majordomo MLM as Satoshi way back when, I never thought I would have the opportunity to see something as cool as the beginning of the Internet.
I fondly remember my buddy, in those early days, as he worked for CSCO explaining things to people. Three decades later he is still there. My favorite story he told, circa 1995, AOL and Dial up was all the rage, before 56K modems.
In exasperation, to his own mother who was not understanding what the Internet was or what he did at Cisco:
Him: "Mom, we make porn go faster."
His mom: "Oh...okay."
The way he told it in person still makes me laugh. At the time, I was buying four stocks: INTC, EMC, SUN, CSCO.
INTC - Chips
EMC - Storage
SUN - Software
CSCO - Networking
I was really young, I didn't have much money but I let it all ride on these. Exactly like so many of you complaining about the old boomers buying Bitcoin or have all the money.
Guess what, back then the OLD guys were not buying those Internet stocks and they all went on to 10x for me. Whatever you are buying in Bitcoin now, you are way ahead.
In those days it was called a "10 bagger" and I was 4/4.
I invested in what I knew is all. I am grateful for NOSTR and Bitcoin.
I see the vision, I had a lot more energy back in the 1990s, before most of you were born, just keep pushing. Like I did back then and buying Bitcoin now, so in 29 years you will be the old man telling stories of the early days of Bitcoin.
Always remember the "The Starfish Story."
Respect to you all.
https://void.cat/d/WhY2qzYbhViQZrsymiWe9S.webp

2024-03-18 14:02:32

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I just was able to witness the process last week, in NW Wisconsin. My buddy has been doing it for years. It's so much work, so much sap as you note for so little yield.
Your way of making Maple Syrup is nature's Bitcoin. Compared to the FIAT store brand versions of Maple Syrup which can legally be cut with sugar and water.

2024-03-15 11:23:09

"Fountain.fm"
This is a simple note to say thank you for Fountain. I have listened to 100s of hours of podcasts on Fountain. I love it, not because I earn sats but because I love the UI/UX.
- If you walk and listen it remembers where I left off
- If you get a call you answer and when the call is done it goes back to where you left off (automatically)
- It isn't like the dreadful YouTube app where if you step off a curb it switches to another video or dreadful ad
Thank you developers, developers who have one foot in the real world.
Fountain: Open Source, low budget, fantastic
YouTube: Closed Source, Billions, lame

2024-03-15 10:47:16

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Generous, I will make sure to give them back to various people.

2024-03-12 12:49:54

https://m.primal.net/HkBj.jpg

2024-03-10 14:03:12

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Incredible. My favorite part, it's eerie how much the actor reminds me of Schiff. https://www.youtube.com/watch?v=EAl5-lKyb5o

2024-03-10 14:02:01

FIAT, around the world, will not be able to contain a growing in power, Bitcoin.
https://m.primal.net/HjVV.png

2024-03-09 13:36:12

** I posted this on Xter after tapping out trying to listen to developers scream at each other. It's frustrating but we can work through this and I know i can help
<snip>
Christ...this is awful. As a developer, can you guys communicate what you need? From coding to money to timing.
Without saying F*ck or R*thttps://m.primal.net/HjFg.jpg ard, you all sound like complete idiots. Use your words. Like mom taught you. Maybe not dad, mom. Step back. Think. Work together. Show the world Bitcoin is not on the FIAT standard by leading by example. There needs to be a starting point.
I will start.
1) Altcoins and Ordinals need to be 'organically' pushed out, perhaps it will be fees? For now, yes, they will have the ability to trash the LAST 1.5M BTC. Who cares. Build and go forward for what Bitcoin was designed for.
2) I have high level looked into OPT-CAT, Liquid, etc. and my conclusion is the best of the best or the best of the worst is CTV. Sure, it can't do everything, who cares, we are in the Caveman (look at you guys) era of coding for the future.
3) Of course no to increase Blocksize or perhaps make it smaller
4) Of course not to increase Blocktime
5) What is the timing? If anyone puts pressure on 'this has to be done now, without being able to intelligently explain why' that is a problem.
Open Source is awesome but Good God, man, it's terrible to get consensus. Thank God Satoshi was a Lone Wolf.
But those days are over, so is trying to stop ordinals via fees and all filters, or I am wrong. Please tell me.
I want to help, in 35 years I knew of one good BA or Project Manager, but could I help organize thoughts.
It is a pipe dream to get consensus, we can't please everyone.
I am ZERO intimidated, I took on Cancer, knowing nothing. That subject was a lot tougher 27 years ago and now I can go toe to toe with any expert cancer researcher. But I am a total HACK.
Please. I just want a starting point. Can I help or is it impossible?
What if Saylor grew up in a different household, would he be more like you guys?

2024-03-08 13:48:21

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I LOVE IT...my grew up, dad is a journalist, he corrected me constantly. Met my wife, corrected her constantly, at first she was totally put off until I said:
"You are a teacher, you of all people should understand the one language you are using to teach the next generation of children."
(Now my daughter, 20, French major, she always says, "Me and Sam" or "Like" a million times. )
I correct her every time. But now, I am learning French and I do the Male/Female all wrong and say the French word for Like all over the place randomly.
Yeah, I am that kind of DAD/Person.
I love my life.

2024-03-08 02:52:27

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Not to be a total dink, but I can't find any reference to 'Grammer' being a police squad anywhere other than an obscure reference on the movie 'Airplane' that was a typo.
Yeah, I am that kind of guy, developer, who loves language and 1s and 0s. Life is binary, alive or dead.
Peace.

2024-03-08 02:39:55

twiX is a cesspool.

2024-03-07 21:33:34

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I did not know that, thanks my man. Appreciate you. Never heard of it. Best.

2024-03-07 18:22:58

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Thank you, I like this kind of stuff. But you do know it is Grammar, not grammer in you profile, right?

2024-03-07 14:24:17

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Hey, thank you for the sats, totally appreciate it. I am a massive language guy, I chuckled when I saw "Grammer Chef" in your profile. Come on man, laughter.
https://m.primal.net/HiZa.jpg

2024-03-07 13:02:01

Dear NOSTR/Bitcoin Core Developers,
This is a thank you note. To you. Keep going. Chin up. You are critical and appreciated.
As a long time code pounding developer, now off the hamster wheel, I know how many of you feel. It's tough to be a developer, the negativity, the bashing, the wet blankets thrown right away on your fire idea. I feel for you. Developers are SO important. In the restaurant, there is a term FOH/BOH (Front of House, Back of House).
Developers are BOH, the cooks, the ones doing all the heavy lifting, if the food is crap, the FOH doesn't get their tips. But why don't the cooks get the tips?
Developers do it because of the code, the thrill, the solutions, the logic, but most bosses never will look at your code or understand, so it is a game.
Now, couple that with other Developers, I dreaded 'Code Review' at times because most of the time the feedback was utter CRAP. Damn near opinion or semantics. Ever wonder why Developers can't stand working with QA or Code Management? Seriously, when the effort to make the change is 5 seconds, but you know there will be hours of paperwork and ridiculous meetings and installs over the weekend?
So, with Open Source, I know some of this won't resonate, THANK GOD, but the Bitcoin Core and NOSTR development is made of a lot more Hell, than Heaven..
You have to dig within, for the motivation, but it will probably only be intrinsic and not extrinsic (money), temporarily, perhaps never at all.
It's frustrating as Hell, hearing Jack explain how none of the top Tech has given back to Open Source when Open Source code, was the top chefs in the world coding.
All I can think of, all the time, when it comes to Satoshi, is thank God he didn't go through the normal Coding Life Cycle, Alpha..Beta...then production.
He went right to production. I did it all the time...SHHHHHHH
Sometimes you have to be a Gangsta coding BAD ASS.
Thanks NOSTR/Bitcoin Core developers, I hope to give back to you some day, some how.
BOH/Developer/Thankless/Chefs <--- Most appreciated, most important, but a small subset of us understand completely. Keep going.
Sign me,
-Odesa the Dog