halalmoney

One possibility: the banks will co-opt Bitcoin.
Another possibility: Bitcoin will co-opt the banks.
Whatever happens, I think #Bitcoin is a net positive for society.

2024-09-10 22:45:01

‘The real enemy is central banks printing up money out of thin air, not custody’
#note16qa…5llx

2024-09-09 20:06:23

- reply

Speaking of doing one thing really well, this app provides a master class in deconstructing your own nostr personality. Take a look!
https://nostr-personality.vercel.app/

2024-09-09 18:30:05

- reply

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/5d7e63d7ca0a3f4b0a06a6dd6e8e55c5b7ec61771cb249cfc76e5d70a2188d94.webp

2024-09-09 18:14:13

This may be the best app in the world:
https://nostr-personality.vercel.app/

2024-09-08 23:17:59

- reply

Amrush, you’ve given me a reason to pick up al-Qardawi’s Fiqh of Zakat from my bookshelf!
I note there’s a potential dichotomy in the view that money ought to be under the remit of the state (in the interests of avoiding chaos) but also treating Bitcoin as money when it comes to zakat.
On a wider point, it saddens me that most people seem disinterested in monetary matters even though money is arguably one of the most important social constructs and that its societal impact is so significant.
I also think that the absence of monetary justice facilitates widespread oppression. Therefore, a decent understanding of the current and a better monetary system ought to be more prevalent - if people really care about justice.
https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/ee49750e78039743d4e7e4e4d858cdf24fb8bb8cfef9b3b095d4214835113352.webp

2024-09-07 22:31:00

- reply

https://media.tenor.com/IrPvKoyAfmsAAAAC/master-oogway-kung-fu-panda.gif

2024-09-07 21:05:20

- reply

I think there’s a fear of deflation as we are so used to living with currencies which are, as a matter of government policy, supposed to lose value at a steady rate (2% inflation target).
One interesting view is that if Bitcoin succeeds it will give people more time to discern what to spend their money on.
Are you aware of @npub1s05…eyhe ‘s work? It gives good reasons to welcome technology’s ability to make lives better and not to fear deflation.

2024-09-07 13:54:47

- reply

Thanks for this note.
There was a recent conversation between church of covid19-84 and Dean Burton which you may find of interest.
note1g8dzzhctav9y57fwgpts2nrgdeca800vdv9c4qpwnvx5hmg4r5ys0v5rtj

2024-09-07 12:19:16

More details please!
‘There's a discrepancy between Bitcoin's functionality and the rhetoric promoting the Bitcoin standard’
#note19ty…g6n9

2024-09-07 09:59:01

- reply

The initial payment goes to the client but yes, you may end up facilitating more sats going to your ‘opponent’ by engaging. On the other hand, if your comments/gaming the system are ‘better’ you’ll end up with more sats.

2024-09-07 09:47:47

Even though 1 sat is worth next to nothing this charge to post changes the way you note for the better, imo.
-
How Do I Earn Sats on Stacker News?
Stackers reward each other for their contributions by zapping them with sats.
To start earning sats, you can share interesting links, discussion prompts, or comments with the community.
Beyond the direct payments from other stackers, Stacker News also uses the revenue it generates from its job board, boost fees, post fees, and stacker donations to reward stackers that contributed to the site with even more sats.
Every day, Stacker News rewards either creators or zappers with a daily reward. These rewards go to stackers who either created or zapped one or more of the top 33% of posts and comments from the previous day. The rewards scale with the ranking of the content as determined by other stackers.
https://stacker.news/items/349/r/halalmoney

2024-09-07 00:43:10

- reply

Stacker News - definitely Bitcoin and Nostr adjacent.
https://stacker.news/r/halalmoney

2024-09-07 00:25:11

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/fc0024af00957fa95cc5a1966b665fabcc3cf0507af28b427d5db31abd314658.webp

2024-09-06 21:59:16

- reply

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/8794259971616aaf1906d4015ee17bc479a8f9ce30a6800df4e20c121e78f9ea.webp

2024-09-06 20:04:19

- reply

Nostur does this for you at the client level.

2024-09-06 19:18:05

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/be8d0efaf362b6cac8b308dea7562383a4468a7bc56f180d55cfceb29fa44876.webp

2024-09-06 18:30:08

- reply

An introduction to Bitcoin treasury strategies and management

2024-09-06 18:25:30

3 word concepts on nostr today:
Free air guitar
Living in poverty
(ItsNic)
Open to creativity (Colin czerwinski)
Feds infiltrating nostr (Marakesh)
Positive relay stimulus
Reply guy evolution
(Daniele)
Create something extraordinary (Isolabell.art)
Moral high ground (hodl)
Opposite of progressive (Aureliano)
Manufactured civil wars (Joel walbert)
Adjustable WoT settings (7fqx)
Paywall for spammers (derek ross)
reply per relay (svoboda)
Buy cheap corn (Sergio)
Hall of mirrors (eye reply)
Deliberate dev antagonisation (nunyabidness)
Prime stacking opportunity (dr jeff ross)
Block by picture (vitor pamplona)
Share more truth (rose)
Unpaid content providers
Balance brings abundance
(kevskewl)
Focus on building (kevin’s bacon)
Restraint involves effort (bitcarnicoin)

2024-09-06 08:09:56

‘don’t quit your day job, get a better one. Meaningful work is a blessing and being able to choose where and how you work will be possible in time with the security bitcoin brings’
#note14kp…f934

2024-09-06 01:19:07

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/cab6bf808e8967b0331d945d0f1edb759ca75905403179713a7d56bda218b572.webp

2024-09-06 00:45:36

‘bitcoin is a new weapon against the money printer’
#note1wu4…h07x

2024-09-05 20:24:32

- reply

The development of new ideas and more knowledge is the biggest growth accelator, for society and individuals alike.
>> I’m not convinced this is correct. I think the incentives of the systems within which we operate are possibly more important than knowledge in terms of growth accelerants.
Therefore, please tell me, if your objective was economic growth, should you rather spend time with and talk to someone who was totally different from you, or with someone who was almost identical to you?
>> It depends. If the other person is ‘too different’ I may not be able to comprehend his outlook. The energy lost to the cognitive dissonance (when encountering someone wildly different) may detract from understanding the alternative views/methodologies on offer.

2024-09-05 19:59:10

‘Let's truly have a public square instead of a bunch of walled gardens.’
#note19s0…7nu0

2024-09-05 19:39:53

‘it becomes easier to receive [Bitcoin’s] signal, the more society is burdened with fiat, bad economic policies and the impact these things have…’
#note154x…37pz

2024-09-05 18:14:21

3 word concepts on nostr today:
Fix your diet (vinney)
Late diagnosed ADHD (katie)
Nostr derangement syndrome (will)
Gaussian distribution curve (dean burton)
Purpose built relay (oceanslim)
Societal mind control (dr jeff ross)
Break monetary barriers (kane mcgukin)
Glucose from gluconeogenesis (today I learned)
Racist equity laws (bitbuybyte)
Build local communities (rose, the beave)
Designed to demoralise (tucker carlson via poblof7z)
Tree of relays (someone)
Mobile file system (laeserin)
Device based functionality (cappynate)
Quality of content (henry)
Silent about genocide (kevskewl)
Not needing bitcoin (niko konsensus)

2024-09-05 15:25:12

- reply

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/bca7eb26c6d5ada8ccfbd5b5a5f2cc5e268b64b298e6aa94635d914304fa2c32.webp

2024-09-05 14:18:49

‘There's a reason Satoshi called it a time chain. It's truly finite. So the math will become as fair as nature can allow’
#note1dgd…k9xs

2024-09-05 14:18:00

‘Over time UTXOs will shift from those who do not produce value to those who produce more value’
#note10ss…wqkx

2024-09-05 12:52:21

‘Bitcoin is a base layer shift in the protocol of inter-human communication.
What is Bitcoin communicating? Value.’
#note1uzg…0vs2

2024-09-05 12:50:58

‘Money communicates preferences since value itself is subjective. It is this dance of moving preferences that orientates the activity of humans around the globe.’
#note108y…r2ac

2024-09-05 01:11:52

@npub12rv…85vg
https://blog.nicolas-dorier.com/posts/cashu/

2024-09-04 21:36:39

- reply

Rob, that’s interesting.
Did this spill into your Bitcoin journey?
With the benefit of his sight, did you overthink what could go wrong with Bitcoin before deciding to embrace it?

2024-09-04 19:51:40

‘For the first time we have a sovereign, liquid and global, bearer asset that actively counters human efforts to make more of it for less effort, and instead requires more time / effort / energy to get it as time goes on.’
#note1fsn…6ced

2024-09-04 12:56:38

Robinhood lets Brits lend shares for extra income
“I doubt the consumer understands the product but then they don’t have to.”
CNBC

2024-09-04 12:11:46

Jim Cramer: This market’s so ridiculous, you can knock it over with a feather or take it up with a breeze.
CNBC
https://media.tenor.com/5Rgj1EV2rpUAAAAC/marx-brothers-groucho-marx.gif

2024-09-03 18:40:06

- reply

🤣

2024-09-03 18:34:21

3 word concepts on Nostr today:
Nip-05 mapping (Tim Bouma)
Node world order (Satoshi Nakamoto Institute)
Genes and memes (Laeserin)
Post original stuff (Jonathan Corgan)
Social key rotation (hodlbod)
Key handling practices (Luke Dashjr)
Delegated event signing (Sep)
Non-functional fiction (IMNVSO)
Idea to medium (Colby Serpa)
Dopamine delivery system (Matthew D)
Bitcoin nullifies Marxism (BankSith)
Personalised life hacks (SatsMcd)

2024-09-03 18:06:28

- reply

Perhaps my confusion stems from your linking of values to achievements over adversity.
Can’t we also point to the goodness (or otherwise) of a concept through other means such as
-visceral reactions
-thought experiments

2024-09-03 16:58:06

‘beyond the two-party company town lies the frontier. That’s where we’re heading’
🤔 interesting!
#note17wr…n80v

2024-09-03 16:08:08

Nice one, Colin!
‘what we choose to focus on and how we shape our intentions are just as important as the effort we put into the action itself’
#note1dj3…fr4f

2024-09-03 12:57:08

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/08ed995e3e513d7741b60cc8770b98694fad8a2ace6bc5c030b111ca0da7e1a8.webp

2024-09-03 12:50:01

‘That's when the next test will arrive: whether model portfolios, one-stop investment products that financial advisers increasingly rely on when making asset allocation decisions, will add them to the mix. Even some of bitcoin's staunchest adherents admit that lies at least six to 12 months ahead.’
https://apple.news/AOqe7CzBJQFOcJr7DH7MkgA

2024-09-03 08:10:56

- reply

I quoted those words because I found them interesting and confusing!
As for your comment, I think one has to choose how to exercise a particular value given particular circumstances. E.g. molten lava is heading towards me, I choose to courageously run away rather than courageously wait for the lava to kill me.

2024-09-02 23:59:52

‘Values are not objectively good or bad. They are abstractions of a people's achievements over adversity.’
#note1l48…qsjl

2024-09-02 22:00:01

https://stacker.news/items/669705/r/halalmoney?commentId=669813
https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/db73c0ba6e5107aa2538bc451d89d1bc76da0b3a41ba08e36810b83171973d0c.webp

2024-09-02 17:24:40

‘Legacy socials created a trap, a prison in people's minds. The same people who look to government to fix problems. They look to the owner/ their leader to solve them.’
#note152s…mkqx

2024-09-02 17:23:08

‘without something like proof of work as a real world cost there is no apolitical way to reach consensus’
#note1h8e…c0mz

2024-09-02 17:09:11

‘curate your graph deliberately. Use the network, don’t let the network use you’
https://media.tenor.com/ow131j-ibe0AAAAC/cat-high-five.gif
#note19hy…jcsx

2024-09-02 15:53:23

- reply

Yes. People with little time and little disposable income are unlikely to get early-bird seats at the bitcoin circus/carnival.
C’est la vie.

2024-09-02 15:48:44

‘restriction and limitation are actually the mother of creativity’
Without fiat currency (with strings attached), there’d be no bitcoin (with wings attached).
#note14rf…8red

2024-09-02 15:37:55

- reply

We are extrapolating past learning challenges into the future. What was hard to understand in the past will become easier.
Just as the average Joe is now forced to understand inflation, he may also be forced to understand possible exit routes.
There was a time you could live normally without the internet; now we live in a time where it’s hard to get both young and people off their digital gadgets ( said the dude typing on his phone ).
Things change, hopefully for the better.

2024-09-02 12:57:54

- reply

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/53601131f4ae8225f653ba28b317c37b11115a511e6c9205992bf26534d6c403.webp

2024-09-02 11:41:57

- reply

Some thoughts:
1. Price is set at the margin.
2. If your thesis holds true, the value will stabilise at around $1T because of 1. above.
3. Point 2 will erode the ‘speculative investment thesis’ and attract capital from ‘conservative’ investors.
4. If so, scenario 2. will erode and the price will go up because of 1 (net buying > net selling)

2024-09-02 10:31:35

‘We do not want the status quo to continue… The negative externalities are all too obvious’
#note1y2k…yy6s

2024-09-02 00:32:23

- reply

What I find strange is that many people still don’t want to study Bitcoin even though it’s now in the trillion dollar club.
Maybe they think it’s too late. Or may be their ‘social circle’ is not interested so they have no peer pressure to take a look.https://media.tenor.com/iC7wy8xqkZUAAAAC/fans-audience.gif

2024-08-31 23:14:19

- reply

Ok. I’m just using the the client, not reading the formal documentation where I assume this is disclosed.

2024-08-31 22:24:27

- reply

If a client doesn’t automatically connect a new user to ‘popular’ relays perhaps the user should at least receive a hint/suggestion to connect to relays to improve the nostr experience.

2024-08-31 22:18:25

- reply

I’ve been using nostr for a while and I still find it amazing to use it over different clients. The response above: ditto. This response: nostur
☺️

2024-08-31 22:15:43

- reply

For a browser based client it's pretty good. Upon set up I was only connected to the ditto relay. So, to test it properly a new user should connect a good number of relays.

2024-08-31 21:51:15

Testing the ditto client.

2024-08-31 17:05:37

- reply

If the nostr person you wish to send sats to is set up to receive zaps, you can send that person sats from your lightning wallet.

2024-08-31 16:23:55

‘…let's not forget that censors are the biggest liars of all. They primarily censor anyone exposing their lies.’
#note1mle…9nka

2024-08-31 00:46:50

- reply

Are nostr’s elements (relays, clients, keys) like horcruxes?

2024-08-30 23:16:23

- reply

Nostur, Amethyst

2024-08-30 23:09:41

- reply

Now I have to think about what is meant by ‘reality’….

2024-08-30 22:16:11

‘The quantum model says our environment is an extension of our mind. How we think, feel and act creates our reality, shapes our environment and there [are] infinite possibilities to choose from.’
#note163z…vuw0

2024-08-30 22:14:02

‘they have perfected the art of avoiding recession without fixing anything’
https://stacker.news/items/666762/r/halalmoney?commentId=667067

2024-08-30 22:08:48

‘There's no reason for Europeans to exchange their EUR for USD, nor for Americans to do the opposite. There are better options for both.’
https://stacker.news/items/666622/r/halalmoney?commentId=666730

2024-08-30 18:33:19

Three word concepts on nostr today:
Savings in Bitcoin (oldmarvel)
Understand the dollar (NICO)
Reorder your feed (Alex, Primal lead android developer)
Default to nutzaps (Dustin Dannenhauer)
Scale through layers (Melvin Carvalho)
Monetized social interactions (Greg white)
Idiocracy is real (mattyb)
Lead by example (21 Stackage)

2024-08-30 01:13:34

‘Polarized engagement-farming drives the machine so much that if the troll isn’t being fed, it comes down from the Northern mountains to feast on mutton, dwarves, and hobbits alike. We are much in need of a wizard to cast them all into stone and I’m glad that Nostr has been playing a part in such a spell for me.’
#note1tvz…hl9t

2024-08-29 22:12:06

- reply

Long term storage facilities for spent nuclear fuel
City states
Courage
Greater scepticism of large organisations without falling into nihilism

2024-08-29 22:05:54

- reply

Perhaps ‘what is capitalism?’ is as important a question as ‘what is money?’.

2024-08-29 21:51:58

Q: how much do you know about the soul?
A: less than one knows about the soul of a developer.
Anyway, I saw this on Stacker News so you should too:
“Nothing will vaporize a developer's soul like working extremely hard on something nobody wants.”
https://stacker.news/items/374430/r/halalmoney?commentId=374558

2024-08-29 17:42:09

Three word concepts on nostr today:
Discover more efficiently
Earn your audience
@npub1m4n…c2jl
Credibility and discoverability
@npub1qu5…4hg7
Western commie ops
@npub1yrf…kaz3
Avoid processed food
@npub1xjf…wuey
Handle the dissonance
@npub12rv…85vg
Partition-tolerant network
Biased relay selection
Tamper-proof events
Biggest player dependency
Intelligent relay selection
Desired jurisdictional arbitrage
Consistent relay focus
Curated relay kits
Stagnant walled-garden
Premature expectation management
@npub1jlr…ynqn
Only-zaps relay
@npub1d3h…frtn
Embrace the chaos
@npub18am…p424
Bullcrab to bull
@npub1k7v…c04l
Bankrupt the gatekeepers
@npub15mv…8449

2024-08-29 11:18:02

[Buffett] has said that many Berkshire shareholders use their stock as a savings account.
CNBC

2024-08-29 11:17:14

Berkshire invests the majority of its cash in short-term Treasury bills, and its holding in such securities — valued at $234.6 billion at the end of the second quarter — has exceeded the amount the U.S. Federal Reserve owns.
CNBC

2024-08-29 11:15:54

2024-08-28 20:52:29

Three word concepts on nostr today:
Unrealized gains tax ❌
Intellectually short Bitcoin ❌
Flat informational battlefield✅ @npub134u…qjkm
Emotional technical debt✅@⁣⁤Laeserin⁤⁣

2024-08-28 20:11:41

- reply

This is just another slippery slope.
All unjust taxation should be objected to.

2024-08-28 12:50:29

From CNBC:
The Biden administration has identified critical minerals and announced tariffs on tungsten and others as part of a broader effort to bolster national security.
-
China, in the past year and a half, has started to use its leverage in parts of the global critical mineral supply chain to control exports.
-
“If Donald Trump wins the US presidency and follows through on his threat to dramatically hike tariffs on China, Beijing might respond with new export controls on critical minerals or deploy existing controls more forcefully,” Gabriel Wildau, managing director at consulting firm Teneo, said in a note Tuesday.
“Chinese regulators may also apply controls selectively, denying minerals to specific foreign companies that are viewed as supporting Washington’s technological containment agenda.”

2024-08-28 12:12:33

- reply

https://nostrcheck.me/media/637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f/78b259a67168366b686ca6ff509d8c4337f79230386f73e44067016278a6c76f.webp

2024-08-28 11:14:15

- reply

“emotional technical debt”
Nothing is purely technical and nothing is purely emotional.
https://media.tenor.com/B-TP3rs3l7IAAAAC/memory-cant-remember.gif

2024-08-28 00:43:06

- reply

I’m getting so used to this that I also made a 58k meme!
note14mcyrddq8lqf4jjzzza588vjrscdx3t0p7rk7gs7xjwgvljpe2sqzq39mw

2024-08-28 00:38:30

- reply

This is the last time we’ll see 58k, right?

2024-08-26 20:44:02

‘…with each new variable, you add significantly more complexity’
#note1uut…vd0y

2024-08-26 20:02:10

Today I wander in a daze, seeing the outer shapes of things but never seeing into them.
Red Smoking Mirror

2024-08-26 18:33:31

‘The US is a great example with its military aid. Our military industrial complex gets to dust off some old ordinance that was never going to be used, and would have instead needed to be paid to be destroyed, and mark it up to sell to the government who prints the money for it based on the narrative around this "war". Not only do they get to sell this obsolete ordinance, they get to charge for transport, logistics, training, and all the stuff that goes with it. Then, new money to replace it with new stuff for the next war.’
https://stacker.news/items/662248/r/halalmoney?commentId=662376

2024-08-26 12:14:05

https://www.cnbc.com/2024/08/26/trump-orange-pilled-by-three-bitcoiners-in-puerto-rico-100-million.html

2024-08-26 11:18:10

Nicely put!
‘They have an agenda for the Pepsi people and one for the Coke people’
You can have any drink you want, as long as it’s bad for you!
#note1l3e…he3a

2024-08-26 09:44:33

“We tend to solve problems through addition rather than subtraction. Even when there's tremendous upside to removing something, it's not an obvious option…
We're usually rewarded for adding things rather than subtracting, and your company is probably no different. There's rarely an incentive for removing stuff, though there should be.
If we argued hard for something to be added, we may not want to admit it’s not adding value.
If somebody else argued for the thing to be added, we don’t want to seem like we’re attacking their judgment or their work, so we leave it alone.
We assume that if something exists then it exists for a good reason and doesn't need revisiting.
We get used to things the way they are. And their first response is an aversion to change, arguing against removal even before thinking through it.”
https://www.gkogan.co/removing-stuff/

2024-08-26 09:38:30

‘Conservatism tempers liberal hubris. Progressivism tempers conservative complacency.’
https://stacker.news/items/661854/r/halalmoney?commentId=661881

2024-08-26 09:36:34

‘ "The Establishment" has come to mean: net zero, ESG scores, DEI ideology, CBDCs, climate scare mongering, increased costs of energy and living expenses, moneyprinting via high degrees of government spending, abandonment of merit in favor of ideology, and so on, with carbon allowances and social credit scores on the establishment horizon. ‘
#note1z2g…xd75

2024-08-26 00:44:06

“We considered arresting Pavel Durov ourselves, but we ultimately decided that the right to free speech was too important to infringe upon," Putin stated, his eyes gleaming with what could only be described as schadenfreude. "It seems that France has taken the lead in the race to the bottom when it comes to freedom of expression. We in Russia are eager to observe this development and, who knows, perhaps even learn from it."
https://www.bugle.news/vichy-france/

2024-08-25 23:15:34

https://www.flare.pub/w/naddr1qpt5xn6w23z5u4pdgdfy2s25faf9xt2hdpuj6k2025k4x6r0w4kxgt24wdjj6nn0wd68yt2gdamj6ar094p826tvvskkzt2zf9rj6st4v35k2mnrv5k5532xgck5yn6023yz6wrgvyuhqvqpp4mhxue69uhkummn9ekx7mqzyrzgu20sfdyzesqu58u7lryxa7p33szeur5n2v34zchssrexu9xpzqcyqqqgtwcuzgmsd

2024-08-25 22:57:04

‘Escape the echo chamber, anon.’
#note1xd2…v45n

2024-08-25 22:19:00

- reply

https://nostr.how/en/get-started

2024-08-25 21:39:20

- reply

https://flare.pub/

2024-08-25 18:23:10

- reply

This may help you select some relays to add via whatever nostr client/app you are using.
https://nostr.watch/relays/find