Tick tock, next block. We hold these truths to be self-evident. Questions that can't be answered > answers that can't be questioned. Thoughts in the void.
Public Key
npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2
Profile Code
nprofile1qqsfepnrd2k378prxvnvhf9vey87qnqlzfk6ac7l9jysscc5sl3r7yspz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0ds03snyf
Author Public Key
npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Show more details
Published at
2024-06-14T06:47:20+02:00 Event JSON
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"content": "{\"name\":\"Simon (2.₿y.2) Kofah\",\"username\":\"MrAskoLives\",\"display_name\":\"Simon (2.₿y.2) Kofah\",\"displayName\":\"Simon (2.₿y.2) Kofah\",\"picture\":\"https://i.imgur.com/xwZjM42.jpg\",\"banner\":\"https://image.nostr.build/238e0452e30c671220a3f27e73cd04e63f839f990dc12e6f11775ade0e69ba22.jpg\",\"about\":\"Tick tock, next block.\\n\\nWe hold these truths to be self-evident.\\n\\nQuestions that can't be answered \u003e answers that can't be questioned.\\n\\nThoughts in the void.\",\"lud16\":\"[email protected] \",\"lud06\":\"LNURL1DP68GURN8GHJ7EM9W3SKCCNE9E3K7MF0D3H82UNVWQHKWUN9V4H8XATWXVURZDEJ6LSUH0\"}" ,
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Last Notes npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah 8lb slug of jambalaya? Heck yes. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Thoughts on #bitcoin as discovery vs invention (longish post)... “Bitcoin will be replaced, just like MySpace was replaced,” is a common trope that belies a fundamental misunderstanding of Bitcoin and its true innovation. This assessment is wrongheaded on three counts. First, quite simply, is the fact that Bitcoin does not represent a first effort. In fact, Bitcoin in its currently familiar form is the culmination of many iterations of attempted internet peer-to-peer money. As such, Bitcoin is not analogous to MySpace, rather it should be viewed as Facebook (or even a successor to Facebook) in that analogy. But this is only the simplest example of this misapprehension and is easily refuted by the most cursory review of historical record. The second more subtle point is that it is sometimes easy to conflate discovery with invention. Fire and the wheel were not inventions. They were discoveries of profoundly transformative chemical and physical principles respectively. Had a subsequent individual or group of individuals decided to use a different fuel source (other than wood) that had different combustion properties, that would not have been an improvement or disruption of the technology of fire. “Fire-ness” equates absolutely to combustion. Altering the formula in any way does not generate an alternative because fire is a fundamental process. It was a discovery, not an invention. Similarly, the wheel could not be improved upon with respect to its “wheel-ness” because the discovery of the wheel was actually the discovery of the concept of ‘round.’ Any subsequent iteration of this discovery could and would only be a wheel to the extent that it captures this fundamentally vital property of roundness. There is no second best shape for a wheel. Any other shape would be inferior proportional to the degree to which it departs from roundness. Hence a pentagon is a worse wheel than a hexagon, which in turn is a worse wheel than an octagon. Simply, the more the shape approximates that of a circle, the better it accomplishes the function of wheel. These facts are not controversial, and instead are implicitly understood a priori. Similarly Bitcoin is not an invention, but rather a discovery. It is a novel method for solving the Byzantine General’s problem using a distributed proof-of-work consensus algorithm. Much like fire, the wheel, or geometry or calculus for that matter, it represents a breakthrough discovery that is more fundamental than a mere tool. In the same way that the wheel is unlike the bow and arrow - in that the latter is a technological advancement that can be (and indeed was) rendered obsolete by subsequent iterations and disruptions - bitcoin is different from “crypto.” This poorly understood notion is a consequence of the third point: branding. “Branding” is a somewhat imprecise description of the problem but roughly approximates the idea that Bitcoin is often misunderstood because its name sounds very product-like. Namely, given that bitcoin is essentially an internet based value transfer protocol, were it named something like VTP or proof of work consensus VTP, its groundbreaking significance would be far less likely to be called into question. For the same reason that TCP-IP, HTML, C++ and HTTPS are seldom questioned by laypeople. Rarely is the disruption of internet data transfer protocols by their respective Facebooks called for by the financial media. Academic abbreviated nomenclature does not invite the same scrutiny as trademark sounding designations. This cognitive bias is a large part of bitcoin’s branding problem. In a capitalist/consumerist world, the populace is programmed to expect the next thing, the latest and greatest. The iPhone n+1. For this reason, there is general skepticism toward the notion that bitcoin could be, and remain, a world-changing innovation. As a value transfer protocol, bitcoin is analogous to the wheel. It will not and cannot be iterated upon and disrupted except by an equally radical paradigm shift. As an aside, it is worth noting that in the case of the wheel, any more effective wheel is far and away likely to be a more specialized wheel, trading general utility for narrow specialization. For example a bicycle tire, tractor tire, ball bearing, a gear and a pulley all represent more - and simultaneously less - functional versions of the wheel. In this same vein, if any of these innovations claimed to be the thing to disrupt the wheel industry, this assertion would be viewed as absurd on its face. This is the case with the crypto industry and its comparison to bitcoin. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Bolívar had it figured out. https://image.nostr.build/8af23c4c5bd4e3856473a5f5d20cd9977a3a26675dd03b05fb7f3bb5a62c5c4f.jpg npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah "In matter of style, swim with the current. In matters of principle, stand like a rock." - Thomas Jefferson npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah I think "useless" is the wrong word. The stuff the devs are focusing on is the backbone. It's beyond useful. It's critical. Stuff like algorithms/distribution are DESIRABLE (depending on perspective obvi)..... but truly useless - or harmful even - if prioritized above the hard work of building a robust, anti-fragile backbone All arms. No spine. That's what you'd have without all the "useless bullshit." npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Thanks for good feedback. When it comes to other ppls sats, how well Ledger reflects the ethos of bitcoin is secondary. First and foremost I care that their stacks are secure.... that said, some tradeoffs will need to be made in the name of usability. The time will come when ppl are ready for true self-sovereignty. Baby steps. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Without getting into the philosophical incompatibility aspect, what is the consensus on the TECHNICAL quality of Ledger? Haven't used one in a minute, but all of the people I've helped get into #bitcoin over the years still have their ledgers - and are oblivious to the shitstorms that have gone on. Used responsibly, are Ledgers fine? Do they all NEED to be replaced by a new wallet? Seeking objective/unemotional advice. #asknostr #plebchain ((Bitkey has become my go-to for onboarding noobs.)) npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah This comes to mind. Seems like it's always been the case. https://image.nostr.build/174a56996bf5ea25ea17bddbc4acbdc7691726e78f818796385d97bc92ea85ab.jpg npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah The notion that property (art, real estate, securities) are taxed, whereas legal tender/cash is not, is a fallacy. Inflation is the tax on legal tender. EVERYTHING is taxed. The parasites permeate it all. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah #BTC watching fed flirting with lowering rates https://image.nostr.build/e76a1b6fb66585ea810eec3c4a6515d8a82ad69a77a53a221ffeebf3aa58dc05.jpg npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Where's the lie? npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah #virtue npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah "End world hunger" 1. Define "end" 2. Define "world" 3. Define "hunger" Every single word these lying organizations utter needs to be frisked. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah My read on American politics is that Americans are being disingenuous in claiming to value honesty and facts. If the Biden-to-Harris swap has demonstrated anything, it's that Americans have no problem with liars (the Democratic party has exposed itself to be just that). The only qualification is WHOSE liar are they: ours or theirs. So when they decry Trump for being a prolific liar, these critiques ring hollow. Both parties lie. As a rule. Keep this in mind when looking to any candidate to be a champion for #bitcoin. It's all a fabrication. Americans not only tolerate being lied to; they DEMAND it. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Keep posting. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Fucking animals. These cowards deserve the worst fate. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah The state is the enemy. This is what it does when given unfettered power. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Your posts are high signal. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah The state is not worthy of being entrusted with a monopoly on violence. Enough. https://image.nostr.build/2ed8ede71f2c9dafbaf64939634999f18ba1213d9a29f547b042b45e00a1df1b.jpg npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Thought this was a @nprofile…zf2h piece. Looks like a zoom-in of a wide-eyed scream 😅 👁 😱 npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah This situation is emblematic of how the establishment in America is a cancer that has outgrown its blood supply. The tumor is eating itself and dying. ANYONE expressing the sentiment (whether in jest or not) that the assassination of a former president would be anything other than disastrous for the Union is the enemy of America. As someone that is conflicted on Trump, it is clear to me that America's present ends-justify-the-means incentive structure is exactly what lead us to where we are now. It's evil. Machiavellianism. And it's most prominent on the Left (though it is definitely bipartisan). npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Might be best version of this yet npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Lol well i like both. It's Tommy Muzzic. After Dark x Sweater Weather (slowed)..... in case you're curious npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah What is this music/genre? 🔥 vibe npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Am I the only one still worried about his safety? npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah https://image.nostr.build/174a56996bf5ea25ea17bddbc4acbdc7691726e78f818796385d97bc92ea85ab.jpg npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah If you don't call it a "work camp" it can't be a work camp. What are we? Russia? We have correctional facilities. #LandoftheEuphemism npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah This makes me unreasonably happy npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah https://youtu.be/tFk5gGbSBas?si=bZY8IrhIQFyN_Qmt npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah All media (social and corporate) has converged on gossip. That's all were drowned in daily. Gossip. Masquerading as "news." npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Thing I love about these shameless mouthpieces is they effectively condense what the establishment's desired narrative. I like knowing what the baddies WANT me to think. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah The SYSTEM survives on two things: exploitation (eg. slavery, debt, fiat) AND a sorting system (eg. racism, classicism, partisanship). Every social ill has these two components. Focus on the exploitation or the sorting system and you're missing the point. Break. The. System. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah How do you trap an unruly herd? Quietly build the enclosure around them We're zombie walking into hell. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah It's a weakness of our primitive chimp brains that places a premium on being able to hold a thing to prove its worth. Indeed the most valuable "things" are not tangible (e.g. love, courage, integrity, loyalty, natural rights, TIME). The "hold-ability" of a thing is really just a crude proxy for its underlying proof-of-work. Most just fail to make the connection. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah @npub1pre…eujk Much props and many thanks. Literally every Cheat Code presentation I watch is, in some respect, the best #bitcoin presentation I've ever seen. How is that possible? npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah It's all a joke to them. Make believe. They treat it all with the same seriousness as when you do the "choo-choo-train spoon" to get your kid to eat their vegetables. Fuck them. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah The term "money laundering" is itself a relatively recent term (e.g. no money laundering mentioned in 18th century literature). Like "obstruction of justice," money laundering victimizes the state law enforcement apparatus. It's an invention of a self-preserving bureaucracy. That the state can be "victim" of a crime is itself an absurdity. The mark of an overgrown institution more so than a true matter of morality. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Add 10) dehumanized sales/service experience and the 11) bait and switch of premium/luxury veneer masking countless shortcuts with regard to quality and craftsmanship and you've pretty much summed them up. Musk and Tesla prioritize being good at selling cars over selling good cars. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah "The beginning of wisdom is the definition of terms" - Socrates npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah In modern day politics a conservative politician is as much the opposite of a progressive one as a black bear is the opposite of a polar bear. They differ in one very visible characteristic. But both are still bears. Either one will eff you up if you forget that fact 🐻 npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Just got an email from my credit monitoring service that my SSN was found among one of the recent giant corporate data breaches ..... privacy and self-sovereignty are under constant attack..and these behemoth centralized surveillance machines are complicit npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Of course not. Nothing is that simple. I didn't say rich people think many years down the line. I said rich people can AFFORD to think many years down the line. Whether they do or not is a separate question. But those who cannot even afford to think far down the line absolutely will not. Which is the problem. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah What I'm saying is that appreciating bitcoin requires thinking far into the future. People with few resources can't afford to think far into the future because they have to worry about the present. But these are the people most in need of bitcoin. How does bitcoin overcome this challenge? Is that even possible? Rich people can AFFORD to worry about many years down the line. Poor people cant. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah The uncomfortable reality is that time preference is inexorably linked to resource availability. The more resource-poor the individual, the more inclined that individual is to have high time preference. How does #bitcoin adoption overcome this headwind? Does it? npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah This just in: @npub1vxf…hunh puts on a hell of a conference. Great meeting you sir! Thanks for all your hard work. It's making a difference! npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Being PRO-war and being CAPABLE of war are two different things. At times there is no alternative and war becomes necessary. I am not pro-violence. But leave me no alternative, and I will resort to violence. To be pro-war is to be anti-human (ex: some US politicians) npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Chamberlains Steakhouse (near hotel) 6ish. Can meet in lobby to discuss details shortly. Burgundy hoodie npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah What are my odds of assembling a small group of strangers at #bitblockboom interested in getting steaks tonight? @npub15t3…c8rq @npub160t…yjc9 (Tagged you cause I have no followers lol) npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah You need a lightning address for ⚡️ Your posts are great. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah It's beginning to seem axiomatic in nature that short term gratification/fitness must come at the expense of long term fitness (a la steroids, stimulants). This seems supported by the paradoxically toxic affect otherwise miraculous technologies are having on sustained human flourishing. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah #bitblockboom? npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Money-changers in the temple. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah https://youtu.be/TI3Xcei8d_I?si=4b9AC3LkUEmfdpSL npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Americans will celebrate common folk resisting the boot of oppressive tax regimes in their books (e.g. Roman empire in the Bible at the time of Jesus or the British crown during the Boston Tea Party) yet still feel it's our patriotic duty to pay tribute with our time and labor to a profligate and craven class of parasites. The height of irony. Maybe this proves we've been bought/sold. We should all be this outraged. #nevent1q…e54c npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Rise harder.. not even half chub yet. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Great stuff npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Unpopular opinion: the unfairness of life IS the fairness of life. We're all buffeted about by the same waves. Your welfare is your hands. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Tradition is a set of solutions for which we have forgotten the problems. Throw away the solution and you get the problem back. Sometimes the problem has mutated or disappeared. Often it is still there as strong as it ever was. Donald Kingsbury, Courtship Rite Basically, have some humility when you propose to throw away old solutions. That may be the best solution to an old problem to which you're completely blind/naive. #nevent1q…7z7c npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Can't tell you how many hours I've passed listening to this channel reading/studying over the years. Kindred spirit. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Rest was great as well. I stand by my first impression npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Sry by cope, i was referring to Draper presenting this as a good return.. not your comment npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Only one song in, so may be early to pass judgment. But this is huckin henomenal. Thanks for posting. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah That's the kind of 'W' I'd expect Dwight Schrute to brag about... is this just cope? Fiat world: where you can't spell liquidity without the 'L' npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah My front garden has undergone a similar transformation over the years. Gone from lifeless clay and rocks to soil. Complete with earthworms, salamanders, and all sorts of life. So gratifying.... hope the next residents take care of it 🌱 npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah This one is awesome 💪🏾 npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Freedom maxi here. All for permissionless creaming. I just ask that we don't make #creamstr a thing.... npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Not CNBC getting on the "wen GF" wave.... may not be so early after all npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Every light, no matter how bright, creates the necessay precondition for the shadow. This is the universal duality of things. #Bitcoin must necessarily produce crypto. That IS the journey. Resist the temptations of fiat shitcoinery. Find bitcoin. It can be no other way. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Pearls before swine. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah It's a weakness of our primitive chimp brains that places a premium on being able to hold a thing to prove its worth. Indeed the most valuable "things" are not tangible (e.g. love, courage, integrity, loyalty, natural rights, TIME). The "hold-ability" of a thing is really just a crude proxy for its underlying proof-of-work. Most just fail to make the connection. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Not to be that guy that whips out the Bible, but this parallels the Cain/Abel or Jacob/Essau dynamic... failure to make the proper sacrifices in life is the road to bitterness and envy. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah ***frenz npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Happy stacking, my friends #Bitcoin https://image.nostr.build/2bd5e4a255dde05c21e8328f765ae950b2975084e1ba4de58473d852c35e2b1c.jpg npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah What happened to Swan?? Why is every bitcoin podcast sponsored by River now? Prime Trust? npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah these real charts? npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Now imagine how many other compromises the average person willingly/regularly accepts (whether out of fear or convenience) npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Easy to assume everyone else has been obsessively questioning their own assumptions and scrutinizing conventional wisdom... In reality most have been unknowingly flying blind, certain of their rightness. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Agreed. I think "intrinsic value" is an imprecise attempt at describing those things that prolong life (i.e. gain you more time) either individually or for your genetic line. That depends on circumstances. Sometimes a gun is more life prolonging than water or sunlight. Sometimes water or food can be life THREATENING (i.e. drowning, morbid obesity). Their relationship with time is what determines the value they hold. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah What is "value?" Simply put, value is a derivative of time. What is #bitcoin? Simply put, #bitcoin is a digital shard of time that can only be broken free using pure energy. #Bitcoin does not have intrinsic value. It IS intrinsic value. Building on @npub1cn4…3vle brilliant Atlantis presentation. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Not to mention jedi mind tricking citizens into villifying any compatriots that aren't sufficiently complicit in the parasitism npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah The mark of the true fiat brain is that high time preference has become a permanent setting Them understanding the value of bitcoin is like a goldfish understanding the value of your car's drivetrain warranty. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah If I hear one more self-important, arrogant, constipated CNBC pundit dismiss #bitcoin's appreciation as inexplicable "crypto mania".... The fucking HUBRIS. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah #Nostr is the actual metaverse. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah 🔥 npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah The way I've come to view time spent in #bitcoin (i.e. how early you understood/adopted it) really parallels the way I view time in general. As a child, your time seems more plentiful, and is in may ways the purest it will ever be. But you're completely unaware of the value of time. As we get older we value time more and simultaneously experience increasing theft or consumption of that time. But regardless, the most _valuable_ time we have access to is the present. Makes no sense to compare an hour of time now to back when you were a kid. Similarly lamenting not getting into #bitcoin 8 yrs ago does no good. Do it now. I'm convinced (the plentifulness of your time)*(your capacity to appreciate time) = some constant. So no, you're not too late to start bitcoining. Any more than you're too late to start valuing and respecting your time. Bitcoin's price has gone up, yes. But so has the price of continuing to be unaware and naive. You know better. Wise up. Start stacking. #nevent1q…4x28 npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Pretty cool. Maybe a little reminder that using energy is how we express that ANYTHING has importance or value. And that bitcoin using energy is just an example of this reality. In fact, a thing can be judged not by HOW MUCH energy it uses, but by WHY it uses said energy. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah I have a cousin in Nigeria. She and her husband are highly educated and well off. The struggle there is unforgiveable. She choked up explaining the experience of simply buying ingredients to make chocolate chip cookies with her kid during a hyperinflation. Prices changing over the course of the day. Paying exorbitant rates (whether in Naira or USD) for basic things. All because of Binance. Nothing to do with central bankers. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah "No one devalues our currency and distorts market signals but us!" npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Their understanding of bitcoin's consensus is so primitive they can't formulate coherent criticisms. They are starting with the wrong premise. So the answer doesn't even register with them as sufficient. It's like the question "how can mail over the internet work, if there's no way for the sender to know the recipient's computer is turned on?" The question is presented as a reasoned criticism of email. But in reality it shows a fundamental misunderstanding of the internet. The question is so misguided, it's not even wrong npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah The flaw with this counter argument is it assumes these critics have an appreciation for rules-based order or decentralized consensus. When they raise questions about a change to the 21m hard cap, they aren't even informed enough to be suggesting a change to the underlying code. They are used to a fiat system, where "reality" is dictated by verbal decree from a centralized authority. These people think one day Satoshi will resurface and decree (by fiat) that there are now 50 million bitcoin. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah 👀 npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah 👀 npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Coincidence? npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Or just keep a fixed discount for orders in sats? Aka all menu items are 2, 5, or 10% off if purchased in sats. Helps account for volatility while avoiding constant repricing. I think most customers will accept variable pricing if it means guaranteed real cost savings. You may find you need to experiment with different discounts to remain viable npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah “If you wait by the river long enough, the bodies of your enemies will float by.” - Sun Tzu https://image.nostr.build/a1ba2b3a759f889883be06bcacfa110bf2b4c31adfe4f4cdea62673b328c8bab.jpg npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah There's no joy in watching ppl clamoring to board lifeboats after they've ignored all the signs the ship has been compromised. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah I fear that, by this metric, we will always be early. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Well this aged well... @npub1rtl…jtfs #nevent1q…hujs npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah ETF buyers can wait their turn. Buy some post-pump fiatsats. npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2 Simon (2.₿y.2) Kofah Pearls before swine....