“The Guy who has read more about Bitcoin than anyone else you know.” Host of Bitcoin Audible, Shitcoin Insider, & Ai Unchained 🔥
Public Key
npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Profile Code
nprofile1qqstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsq2q689
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npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Show more details
Published at
2024-07-09T20:00:48+02:00 Event JSON
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Last Notes npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Exhibit #6,102,702 #note1er2…ff0q #note1kh7…2exf npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It’s a giant PR system for a violent mafia. That’s literally all it is. https://i.nostr.build/zXRrZ4MV4Y0VlSU1.jpg npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann The problem is that it attempts to hold up the value of a literal monetary good, through some arbitrary compute “utility.” It’s simply not going to work. We will be able to do all of those same things *without* some huge, messy, blockchain with a very poor security system destined to end up centralized anyway. In the end ETH must compete as money. And if you aren’t willing to hold it and only want to use it for “its utility” whenever it seems to be relevant, you’re explaining exactly the dynamic that will eventually kill the whole system npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann 🫡 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann The simple version: Money has the ultimate network effect, and its core values are in TRUST, liquidity, and stability (not price, but supply). The value is not in payments (this has always been served by a million layers on top), wingdings, “smart contracts,” writing stuff on it, or the million other arbitrary “improvements” that a million shitcoins sell people on. The “crypto” market is something that will consolidate over 30-50 years with the trend we have seen from the beginning. And everything that isn’t Bitcoin will slowly die, in my humble opinion… ETH will be a particularly bad one. Their “staking” system for “security” is a disaster of permissioned, unreliable nonsense. Trust is the last thing they have built and everyone wants it for hyped up marketing nonsense that has no lasting staying power. Want the in depth version: I’ve covered thousands of hours of the history of money, network effects, Austrian economic theory, and crypherpunk history on my show, Bitcoin Audible npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I pay the $12 almost every time 🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann In other words they will spend tens of billions to create a worse version of what we built for ourselves, basically for free, and turned into a trillion dollar market already 🤣🤣🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Get out of Australia while you still can… #note13tr…jkcg npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann oh god I'm sorry, lol npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann So, in Obsidian, my notes would randomly be completely empty. I'd be working on my TODO list, or my current episode's project file with all my links and writing. Then i'd go away from the app to find something, come back, and the entire note is completely empty. I would have to close the note, open something else, close that, then reopen the original. It would often take like 3-5 seconds, but it would usually come back. Sometimes though I'd have to do this multiple times. I tried SO many things... today however, I realized i've been using iCloud drive to host all my notes so i could work from the same list on every device without having to subscribe to syncing services. I was just moving stuff in the file system and I saw the little "cloud" icon next to the Obsidian folder, showing that the content wasn't synced to this device — and it hit me, iCloud is auto removing the files after there is a timeout and only when i refresh it did Obsidian "request" the file again and so it would get reloaded. Opened Obsidian and my TODO list was blank again, a common occurrence. I clicked on the cloud icon in the finder to download the folder locally, and it popped up almost instantly. 🤦🏻♂️🤦🏻♂️ npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Ever have one of those moments where you had some sort of a regular problem with a piece of software.... - You search it constantly, nobody in the world appears to have this same problem. - You ignore it, time goes by, you search again. Still nothing. - You get annoyed and start deleting plug ins, reseting settings, deleting customizations, etc. - still happening - ignore it for some more time. - drives you crazy one day, you delete the app and reinstall. Still happening. - every update you install and you think maybe... but no, it still happens. Then one day out of the blue, you are just working on stuff and you see something and it triggers that little tiny 0.5% processing power in the back of your subconscious that's been set to permanently try to figure out what that problem was, and it makes perfect sense, its super simple, and you do a single thing and its completely fixed... ? I just had one of those moments. 🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann New profile pic From the BTC trading cards... https://i.nostr.build/GZd3CdZZ7kR1SNS1.png npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Skill level: 100 https://v.nostr.build/fCUAt5TSoFrikgmE.mp4 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I've not made a claim one way or the other, I'm just pointing out a simple thing we can observe about it's history. I didn't even bring up a security budget issue in the positive or the negative. That said, the point you make is an interesting way to think about it. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann This was something Steve pointed out to me that I found super interesting. On chain fees, DENOMINATED IN SATS, are actually extremely consistent across time. And by the same measure are right now the lowest in 12 years... kinda crazy to think about with all the insanity around discussion of fees and how often its THE talking point when 99% of the rhetoric around it literally has nothing to do with the simple facts of the network and what we have seen. #note1e42…68nr npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It’s funny the researchers that got literally dragged through hell and back by the pharmaceutical companies and establishment media for their data that showed an unmistakable link between autism and the MMR vaccine, actually weren’t studying that at all. The study itself was about connections between gut health and brain disease. They simply accounted for treatments and vaccines in their data, and the connection just emerged while studying something completely different. Then the pharmaceutical companies when on full attack and destroyed their reputations and careers. Saying they were crazy anti-vax loons and quacks. Yet in the actual research they don’t even make the claim of causation, they merely pointed out the data, with a huge defensive caveat of “this isn’t proof, we know nothing, but this should probably be investigated.” But that was enough to get publicly “black bagged.” Most likely because pharma knows perfectly well there’s a connection. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I increasingly think (especially with how completely ignorant we have been of our gut biome and the parasites in our systems affect us until *very* recently) that these things have a vastly greater affect on our world, the collective conscious, and our decisions than we want to admit. I always think about the zombie stories where everyone is infected with some fungus or parasite that turns them into mindless demons… and all I can think is that this *literally* could be happening in some form across our society and we wouldn’t even know it. Just look around at the mental and physical state of most people. Hard to dismiss outright, imo. #note1e5s…ch7z npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I won’t even be upset if they send me sats 😆 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It’s not about bitcoiners always being the richest person in the room or nothin my they say is valid. Thats a super “crypto bro”/fiat appeal anyway. Plus, most people don’t listen to the good advice from successful people, they listen to people in their community and peer group, even if the advice is literally bad. It’s about *normalizing* it for people. The idea is sound, imo. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Gaming break: I loved Breath of the Wild, but have to admit that I have no attachment to Tears of the Kingdom whatsoever. The sequel feels like the same game, with all of the same basic functions and enemies, and the entire “building and connecting things” mechanic is terrible, imo. I have zero desire to use it ever, and they have these stupid piles of stuff to build a cart with all over the place like it’s something useful, but it’s so annoying to build them, and then you can’t steer worth crap and it almost never gets you anywhere far enough to justify trying to put it together. It seems completely useless other than there are little quests or puzzles that purposefully add elements where you need it to complete a task… but even that feels forced and arbitrary. And the “sky world” element just kinda feels like somebody said “man we should do something different this time… what if we had a bunch of floating islands in the sky!” And then that was it. Theres no reason for it. It doesn’t matter to the story. It doesn’t seem attached to anything of consequence or have even a mystery around it to solve… it just… is. Also, despite trying to start it back up multiple times in my “spare time” (as if I have any of that), and still in this moment I have no idea what the story is. There’s literally no hook, or engrossing question to answer, so every element just feels like something arbitrary that I’m watching without even knowing why any of it matters. Just really sad considering BoTW felt like a revival of the Zelda franchise, and I think they spent too much time wondering how they could capitalize on it as quick as possible, rather than thinking about how to make another really engaging story & game for the sequel. Important caveat: had the game and all the mechanics been the same still, but the story had been super engrossing, none of that other stuff would’ve mattered. Anyway, that’s my 2 sats on why the new Zelda game hasn’t been able to convince me to charge my Nintendo Switch for like 6 months. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann That’s probably a better ratio than bitcoin users and nodes honestly 😂😅 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Do you run your own personal relay and connect to it? Like/zap1sat for “yes,” repost for “no” npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It took muting 3 different phrases so far but I haven’t seen one since. I only encounter a “one off” that sneaks through then I add the new phrasing. Hasn’t been that big of a deal so far. [knocks on wood] npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Sometimes shit happens and it makes you feel like an idiot, and a failure. And you realize just how much you wasted and how much you promised that wasn't even close to where/what you thought it was. Sometimes you put enormous amounts of personal capital and work into something and the results end up being "fuck all" and all you can feel is embarrassed, stupid, and angry. I guess what I'm getting at is that's its ok ,and at some point that's just how shit is going to unfold if you try to do something useful. Doesn't mean you will end up with what you hoped for, and that's really just part of the process most of the time. "get back on the horse..." feels trite, but it's really all there is. Give up, or keep going are the options on the table. I'm not fucking giving up so... npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Just a heads up for anyone who posts media and especially for those who want to be nice to @npub1nxy…avr7 servers: This video started as 184 MB, but I did the quick conversion I always do for web media, and the mp4 version was 3.9 MB. That’s a 97.9% reduction in size! Handbrake is a free tool that I use constantly, and you can use ffmpeg CLI if that works better for you (or you want to build an auto-tool with Ai to do it with a simple drag and drop function). But you can convert video to vastly more efficient formats without even being able to see the difference in quality, *especially* if you did a screen capture. Many don’t realize how important that step is, so it’s good to remind people who don’t think about it. #note1xxx…e382 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann This guy just kills me 🤣 🤣 https://video.nostr.build/7fcb2acad4ec5c39853751e6775f824d34623c912eb1ad845ba9b62a55ba167e.mp4 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I’m seriously considering just pausing our home construction so I can buy sats then starting it back in a few months… how foolish is that? #Bitcoin https://media3.giphy.com/media/MBUgdMxZL4nK0zSXSE/giphy.gif?cid=9b38fe912oetdzlth3zwqrg3hrjc9rrteyhj6lkr7th0vblc&ep=v1_gifs_search&rid=giphy.gif&ct=g npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I think it is a mistake to equate the many hoops around regulations as “security,” when I know multiple people who tried to get regulatory approval, and ended up having to refuse because it would have deliberately *weakened* their actual security to follow their requirements. For the regulations to make sense from a bitcoin keys perspective, it has to understand them. I find it extremely unlikely that they do. There are likely areas where some of it still applies, mainly in basic computer access, user controls, and possibly physical separation. But the idea that this properly translates to the bitcoin environment and doesn’t either leave them vulnerable to accidental data loss (because you can always “roll back” in fiat) or exposure of keys in a different way (because authority overrides mistakes in fiat) I think would likely be naive. If you want to argue that regulations work and that incentives are aligned, I’d probably just point to the AAA ratings for MBS’s immediately prior to the worst housing collapse in this countries history. “Corrupt” or “incompetent” I think are far more broadly accurate terms when it comes to describing our regulatory systems. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It's going to be brutal, and its inevitable unless we get lucky with a small hack and it scares the shit out of half of these stupid, irresponsible shitheads and they make the necessary changes. Otherwise, there is only one most likely outcome to this story. And they will deserve it. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann These companies think they can make billions without having to learn anything or take any responsibility... they will learn the very, VERY hard way that this isn't the fiat world. #Bitcoin will always punish the fiat mind. https://m.primal.net/KgsZ.png npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Rules for thee, but not for me. I think this plea is being made probably to avoid chasing down any actually serious crimes. I’m sure there was a “don’t look at the collusion, the explicit selling of political influence, trading political programs for foreign power, and let’s ignore connections to human trafficking of course, but I’ll plead guilty to the tax thing now and daddy can pardon me since he’s still president.” npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann The US needs this so bad it isn’t even funny. You could literally delete 80% of govt and no one but their employees would even feel it. But then we still need to cut 80% of what’s left so people *can* feel it and THEN we actually have a shot at stopping the govt from destroying our gd country. #note1pqx…hvc6 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Btw, this is a form of capitulation if it isn’t obvious. The position has to shift from “Nobody uses Nostr, it doesn’t even work,” to “Sure I like Nostr, but…” I remember as this same thing began happening with bitcoin. We are going to win. It feels too similar, imo. #note14ch…m5m9 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann When everyone is like, “THE PRICE IS LITERALLY 58K FoREVER!” OH REALLY!? HAVE YOU EVEN LOOKED AT THE PRICE LATELY? Checkmate 58K gang 😎🖕🏻 https://i.nostr.build/38Yy6jNZcVVuaVKG.jpg npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Half of the comments think I'm talking about apps, and the other half understand what I'm really talking about because they've had to buy a washing machine post 2015. That said, I do also despise the "subscription everything" bullshit. Ran into that today. I'm just about sick of paying for ridiculous subscriptions just to use an app one fucking time. Or having to sign up and remember to cancel when I'm done, which inevitably means they take two months of pay from me before it registers that i forgot to go back and cancel it. The pirate bay is coming back #note17p5…lg09 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann WTF happened to simple shit that just works? npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I can’t imagine wanting to leave the room. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann GM, When people say "Ai will be more intelligent than humans," this doesn't mean that they will be able to predict what humans like, or know what will be highly valuable or worthless, which memes will go viral, or what the future will actually look like. Those problems aren't "intelligence" problems. It may very well be a complete waste of capital to make "vastly smarter than human" Ai, for the simple reason is that people won't care and won't even be able to judge how good it even is. Think about it, when ChatGPT 5-8 and Claude 5 and Llama 6.2 all get so good that you can't tell the difference, and where you can't tell which output is better than the other, why would you pay 3x as much for the "super intelligence" model than the "gets me the results I want" model? I increasingly think model intelligence will act more like computer graphics in video games. For about 15 years "better graphics" was literally everything. If you had better graphics you had the better gaming console. But then one day it just stopped mattering becuase graphics got good enough where the cost to make it better outweighed the fact that people just wanted good games. It simply looked "good enough." What if this same thing happens to the "smarter models" in LLMs? 🧐 https://fountain.fm/episode/98UjiXJsa1b2VusbQQur npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann GM [SYN flag. GM sent] npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann They think they are gonna make it hard, and then we are just gonna roll over and give up. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Orbit is Tor based which would be good for DMs, I don’t know Citrine. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I think coracle and satlantis are the only clients/tools I know explicitly utilizing this so far. Spam isn’t bad enough for it to be a necessity, but it will be soon, for better or worse. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Web of trust. You could auto-mute anyone who is completely outside your web of trust without any one step connection to accounts you know. And the ability to see it in the list so you can expand, versus completely hiding it could also be based on degrees of separation. ie. More than 6 degrees? Hide completely. 5 degrees or less, leave a “show post” option for muted comments. Leveraging the web of trust is a massively underappreciated tool, imo. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann PSA This place will likely be overwhelmed with trolls, morons, and angry and bitter people one day soon like all the rest. Muting will be a very necessary tool in your toolbox (and it even helps other with your web of trust), don’t forget to use it before getting angry and fighting with people trying to trigger you. This is also how you can keep the vibe up indefinitely, curate your graph deliberately. Use the network, don’t let the network use you. GM 😁 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann BeCAuSE iT ViOlAtEs PoLiCiES oF AbuSe aNd UnAuThoRiZeD DePiCTiOn oF OtHErs npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann This is also something that many dont understand about art. But I remember there was a day in film school with one of my favorite professors and we spent the entire class talking about it. Freedom in creativity leads to indecision and feeling overwhelmed. When you leave yourself too many options, you don't have direction. Which is why its often best to be given a very restrictive prompt, or to just start writing **something,** because as soon as you put down any idea, you've constrained your world, you introduce a problem and an environment, and now you have to find your way out of it. In other words., restriction and limitation are actually the mother of creativity. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann WHAT IF... when Github or Google or App Store or whatever public index was hosting a developer's or author's content/files/code/etc decided to remove it due to "regulations" or "reasons"... what if you could still follow the key of the creator and get it directly from them, or from any other host who insisted on keeping it available? This future is much, much closer than you think #nostr #pear #bitcoin #lightning #note1f53…mf6a npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann You'd be surprised how quickly your taste/conditioning for it fades if you just cut it out. And you1000% CAN cut sugar. The only reason you "cant" is because you say and believe that you can't, but literally anyone can. I bet you've done vastly more difficult things in life. If you legit want to be healthy and cut sugar there's literally nothing at all stopping you. It's just a choice. If you don't want to then that's fine too. But don't gaslight yourself and say you "can't," because you can. Just choose to do so, or don't. Then accept whatever that decision is. (I probably brought way too much seriousness to this simple and lighthearted post 😆, but I think it's an important issue and all of us lie to ourselves a lot and we dismiss how powerful it is to be genuinely honest with ourselves, and just accept that we are in control and be ok with whatever our decisions are rather than hiding behind "I can't" -- there's a lot of power in that, imo) npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It appears that DeepFakeLabs and its dozens of forks and other projects have all been removed from Github... which ruins a meme I am working on because there are shockingly few alternatives to this. Does anyone know how to get ahold of the linux installer still? The torrent only has the EXE. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I can understand people not abandoning traditional social networks where they’ve made big investments of time & energy to build an audience… BUT I cannot understand refusing to invest ANY time and energy into a protocol that can’t be shut down. It’s like buying a huge, expensive house, filling it with your favorite things, then putting candles in every room, but refusing to add a smoke detector or buy insurance. You’re just begging to lose everything. Any investment made into a centralized service, ESPECIALLY one that is known for censoring people and shutting down accounts for no reason, should at MINIMUM require an equal investment into a decentralized alternative. If everyone who was aware of the problem did this, #Nostr wins. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Vegeta!? 😆 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Have you ever read the original Wired magazine from 1993 that revealed the Cypherpunks to the world? Well now you can listen to it: https://fountain.fm/episode/FExVWCrHTGsH3WfTasSt npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann This sounds like a perfectly reasonable approach honestly. I think you should be able to commit armed recovery of your assets. An even slightly sane society would support and defend it. #note1rnp…j8v5 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Imagine if you had all your savings in this bank and this just happened to you. #note1mnl…2h7q npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I have 57 anon accounts and they are all my biggest fans 😂 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Found a new way to stay off of Twitter. Set your VPN to Brazil 😆 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann “Smart contract” is a buzzword. Lightning and multisig can do what you explain above. It’s just more annoying and requires more interactions. Are we getting rid of those things because of “smart contracts”? CTV is not a “framework”, Sapio is. It’s a coding language to work with bitcoin script, CTV is not the problem here and I also think you misunderstand MEV on top of this. There are already options contracts in Bitcoin, it’s already financialized. Also something that you can’t stop. There have been futures contracts for years. It’s completely impossible to stop practically everything you listed and maybe I’m wrong, but you don’t seem to understand what the *actual* problems with those things are, rather than thinking there’s some concrete line where it does/doesn’t exist and thinking that CTV leaps over it. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann 🔥🔥 #note13zk…9vr7 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Being able to boost and comment on Fountain as a post on Nostr is just cool. https://fountain.fm/episode/Y8tfjIkOcPCU8BiysVrS #nevent1q…353n npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann 👏🏻👏🏻👏🏻 https://fountain.fm/track/FFv57RY7RYYpSNbfUk0e #nevent1q…yqvn npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Thank you, I tried to search for “Bitcoin Mechanic” like 10 different ways and I was getting annoyed 😂 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann BOOM 🔥🫡 INTRODUCING the first episode of Guy’s Roundtable 🟠 Join me, Bitcoin Mechanic, @npub1pld…5nc9, and @npub1ajv…tppj breaking down all of the latest news and events to recap the month in #Bitcoin. We’ve seen more bear markets panic and more bull market insanity than any other roundtable you know.😎 What do you get when you mix knowledge, intuition, experience, sarcasm, and the most humble of the humblest? Guy’s Roundtable YouTube: [https://youtu.be/Wdh2ryDGKW0%5D(https://youtu.be/Wdh2ryDGKW0) Fountain: [https://fountain.fm/episode/ZPN0IjyENUODoDx585ak%5D(https://fountain.fm/episode/ZPN0IjyENUODoDx585ak) #note10x5…9hh2 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann ItS FoR SaFEtY AnD tO StOP MisNFoRmATiOn #note1jkc…yh32 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It means you can make direct connections to devices, to peers, to any other computer *using* the nostr social database. In other words, what if you could connect to your own node, encrypted and without any setup and from anywhere, just by going through nostr relays? What if you could share a file with a friend by simply punching in their npub and they accept it? No middle men, no accounts, no subscriptions, no setup. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Between this and what we are doing with the pear stack, we are going to solve all of the connection, latency, encryption, and authentication problems for all of our tools and I'm fucking HERE FOR IT!! 🔥🔥 This is SO awesome to see. I dont think people realize how huge this will be for UX and app design. #note1skq…gf0l npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I did, should’ve sooner, but I’m out. Time is too valuable. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann “I just want everyone in the world to be able to buy milk at the grocery store without fiat — non-custodial” Of course that’s the goal from a payment standpoint, but that’s a pipe dream if you don’t fix the pricing of capital and the deepest monetary market in the world. Wishing for that without fixing the massive monetary base is like wishing for great poetry without caring whether the language works at all. If you think you are the only one who cares about that you’ve made a grave error. You misunderstand the path dependent means of getting there, and so you toss out the most important tool for achieving your goal before even getting started. The simple truth: nobody has invented noncustodial P2P cash that scales for the whole world as a retail payment network yet. It simply doesn’t exist yet, but it can ONLY be (and will be) built on top of a permissionless, decentralized, global monetary base. https://fountain.fm/episode/cLNMTcWrFO3hlQXk8e1K npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann TPS isn’t what is needed. The bond market doesn’t control the price of debt because it has high TPS. It does so because it is the most liquid and largest market for referencing the long term price of using capital. #Bitcoin has every capacity it needs to be a vastly better tool for that market. If you think it’s about TPS you are failing to understand the structure of capital markets and prices. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann GN https://image.nostr.build/719a161965554be847c008e0c324a44af189e360e2085c63799dbea6cf1d4986.jpg npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann The killer app of #bitcoin is re-pricing the capital of the world. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Thats a fair argument and I don’t pretend to know about all the different options. I’ll check out the Brink episode. Thanks for the suggestion. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann In order to make sure my “on topic” comment isn’t too vague, I’m saying that we both completely agree on this point and the argument is about *what* the conservative, save for nuclear grade options are. So to equate CTV with an open API is to misunderstand that I’m saying CTV appears not only the safe, and most conservative option while still getting the functionality we want, but that explicitly comparing it to previous soft forks, it’s *easier* to justify than a bunch of things we’ve already soft forked for. So what I’m saying is that I agree with basically your entire post. I *disagree* on where CTV falls in that risk profile. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann “Timelocks and multisig have classes of uses beyond lightning so you’re right, it would have been silly to reject them because we didn’t know of the potential of lightning. We already knew other ways they could be used. For example, shared custody.” You misunderstand my analogy here. It wasn’t that we didn’t understand it’s value because of its, it’s that one didn’t have to defend multisig as a tool by predicting everything that could be built with it to know it was safe. If that was a requirement, then we could never make any changes at all. “Imagine you are a systems designer for a nuclear reactor…” Dude I’ve done dozens of shows on this, you don’t need to argue that this is foundational, nuclear grade software, that this should be treated with utmost care, that upgrades should be extremely limited in scope and well understood. If you are making that argument then we aren’t actually on topic. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I completely get the sentiment, I’ve advocated for more conservatism for a long time, but CTV **is** the conservative approach and it **is** something explicit that we know the limits of. I think the notion that we shouldn’t implement simple, very contained functions because we haven’t predicted everything that could be built with them yet is a misunderstanding of how and why we should be conservative. Example: The justification to reject timelocks or multisig because no one had yet predicted the existence of lightning and how it would work would be silly. It’s literally an impossibility to know what will be built with new tools, that’s the whole point, but how they are contained and HOW they work within the transaction is the concern. And CTV is essentially little more than a hash lock, something we understand in dozens of other contexts and with a very simple and very environment limited function. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann LMAO this is what was supposed to show. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann SOMETHING IS BREWING! Changes are happening at Bitcoin Audible and a new series is coming. I’ve assembled a team, and we will be covering the news and events every month in #Bitcoin and this is one you don’t want to miss! 🔥🔥 First one is scheduled for this Friday, subscribe so you don’t miss it. Fountain: https://fountain.fm/show/RtZlWdbEbpyEyjBNbeQ7 Spotify: https://open.spotify.com/show/16c6WR2znCZM1wveeeJoSz?si=hTjviW_iRGCYkvx0dQTVcQ https://media2.giphy.com/media/rj12FejFUysTK/giphy.gif?cid=9b38fe919oloajbs334cbzp90l238cchivbuwdghq8eab52d&ep=v1_gifs_search&rid=giphy.gif&ct=g npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann And how on earth do you gauge op_vault as better here? Seriously what do you know about op_vault? It’s actually more expressive than CTV as I understand it. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann How is that terrifying? And how exactly have you reached the conclusion that taproot has been responsible in any way for centralizing mining? Are you saying people wouldn’t be using pools without it? Or that mining somehow wouldn’t have been financialized? I think you’ve equated cause and effect with things that have nothing to do with each other. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Yeah none of it really stops or prevents anything. And the witness discount makes sense because having inscriptions there means it can be pruned by anyone who doesn’t want to store that trash. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Taproot didn’t do anything to help shitcoins, I don’t know how that became a popular trope about all of this. In fact, despite it not being used, taproot is how you could do that stupid garbage without it bloating the blockchain at all. The only bit thing with soft forks that gave a lower cost to inscriptions that were fully printed onto the chain was the Segwit *discount,* which wasn’t even really about Segwit itself, but was simply what was done to get a compromise blocksize increase during the shitstorm of a war that had gone on for 4 full years. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann FIRST! https://media0.giphy.com/media/oF5oUYTOhvFnO/giphy.gif?cid=9b38fe910uuyaro2mdksk09rwx1eubd56jgiuusgi7xg1c5y&ep=v1_gifs_search&rid=giphy.gif&ct=g npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann #Bitcoin is always $58K #note1hjs…avpp npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann That guy has no clue what he’s talking about. I muted him. He wouldn’t know the difference between multisig and an NFT if it slapped him. Thinking CTV has anything to do with shitcoins is so fucking stupid I suspect he might just be a troll account who doesn’t even like bitcoin or know anything about it. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I guess I’m having a semantic problem with the word covenants then, because I understood what CTV does as basically a direct covenant. It simply locks the coins to a hash of the next output or TX details. So you can essentially “own” coins without directly needing an on chain footprint unless something goes wrong or you want to have a single UTXO for some particular reason. I thought that “lock” was basically considered a covenant. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Would love to chat with reardoncode npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I don’t even know where to find DVMs is really the problem, imo. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Tell me you know nothing about CTV without telling me npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I don’t know enough about LNHANCE, and there’s no reason to do a bunch at once. After CTV it could make sense to talk about the next one. We can have concurrent soft forks for simple opcodes. I won’t get behind something I don’t understand fully. There’s many things that could change if you started a CTV activation client. Thats how you get the ball rolling, imo npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Haha, CTV is the simplest yet capable covenant OP_CODE (simple version: a new script for using Bitcoin) that has been developed and tested for many years now. Was wrapped into a ton of controversy and FUD about 2-3 years ago when Rubin tried to make a client, but slowly we realized it was all nonsense. Then it all died down and we’ve still been talking about what seems like a dozen covenant proposals, when CTV is just sitting there ready to go it seems. Nobody wants to pull the trigger, but there are just so many benefits if we could get CTV, we should just do it. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Who wants to help with a Core fork CTV client with a 2 year activation flag day? With a 90% support for early lock in. There’s just no other proposal that has the length of testing, use, and extremely clear limits as CTV. It’s 100th the change that taproot and Segwit were and it just feels silly that we’re just sitting around waiting. At least starting something so people will discuss it seems like the way forward, imo. #Bitcoin npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann People who are afraid of dips still don’t get it. #note1r70…sklx npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann https://media3.giphy.com/media/gkqmZFPiAZWlHZC320/giphy.gif?cid=9b38fe91vw9yrju4otmth283twsimf2pc74j61zfvgj2ucdn&ep=v1_gifs_search&rid=giphy.gif&ct=g npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I don’t think it’s been formalized, and it would probably be a great opportunity for anyone who did, but @npub1jg5…6n8n and others have had really successful little campaigns and announcements by running around and zapping everyone sats with their announcement attached. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Have had a Nostr.build premium account for a while. Awesome service, imo. Especially for saving and posting stuff to Nostr. I have all of my media that I’ve ever posted in a super easy setup to navigate, upload, download, etc. You think it doesn’t matter but then you lose that meme you posted 3 months ago and can’t find it anywhere… then you know 🤣 #note1mpl…w68j npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Have you heard about zapvertising? npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Excellent point, sustaining relays has been something I spend a lot of time thinking about and worrying on… but I can’t really disagree with what Lyn points out either. 🤔🤔 #note13ma…gzh3 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I wonder what could be done to fix this? 🤔 ⚡ https://m.primal.net/KQXW.png npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I would try a resync or something. Probably there just the wallet isn’t registering for some reason. There’s no real way for them to send your bitcoin to keys that don’t belong to you because all they can do is force close the transaction you signed on their side. Which means it is sent to your address unless it’s just stuck in the mempool, but because fees are low I doubt that’s the problem. Keep us updated, happy to help if I can. Don’t stress, your coins are very likely accessible, just something not picking it up properly for some reason. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Voluntary cooperation isn’t communism, it’s freedom, fellow comrade 😁 #note1r9k…z7nw npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann “What I am interested in is people, our integrated health, and the implications it has on collective society.” It’s wild when you really dig into it, how completely and thoroughly our mental and physical health are tied to the quality of our money.