Who
Qno

Ooh did I miss something? I can't stand the man, especially when he tells me to live without perforated toilet paper to stack sats while he sits on a yacht.

2024-04-29 10:54:09

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We urgently need affordable and profitable small scale mining systems.

2024-04-28 08:20:37

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Awesome. But how?

2024-04-20 05:29:17

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Me neither. It will probably drop for a bit now everyone's got stocked up.

2024-04-14 03:46:04

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Then you sure had better choose your name carefully. My name doesn't define me any more than my clothes or my car. I am who I am.

2024-04-11 11:27:27

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I had to in order to pay the upkeep.

2024-04-11 11:26:48

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Mainly they have short memories, otherwise Jack Dorsey would be in prison or worse for treason instead of some kind of self-styled digital folk hero.

2024-04-11 11:19:51

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2024-04-11 11:14:50

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If your name defines you then you're wasting your life.

2024-04-11 11:11:44

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God is the source. Just saying.

2024-04-10 09:37:59

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Just pay more tax and there won't be another for a few decades.

2024-04-10 09:35:31

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The black eye club is not a club to join.

2024-04-10 09:33:54

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Predictable

2024-04-09 03:35:36

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It will to a point, at some point. I'm hoping so to get some back that I had to dump last year in an emergency :-(

2024-04-09 03:34:07

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YouTube videos are open source and public domain. Let the uploader beware IMO.

2024-04-08 01:32:52

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I was a 55 year old parent of a three year old. Just saying.

2024-04-05 04:36:02

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Have you noticed there aren't many drunks using nostr?

2024-04-05 04:35:11

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It is when codding.

2024-04-03 02:39:46

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The great thing about being a life extension doctor is that nobody is going to ask for their money back.

2024-04-02 07:13:03

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You mean there are people who know where they stand with work? Wow!

2024-04-01 01:17:01

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Thanks for the zap, whoever it is x

2024-04-01 01:15:39

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Supply and demand... When bitmain need to expand their model and realise efficiency and affordable are the way to go or else leave the door open for competition. Christ I wish I hadn't slept through my electronics lectures.

2024-04-01 01:12:55

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It has vegetable oil.

2024-04-01 01:12:27

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That's no comfort.

2024-04-01 01:11:54

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Me. We all have our reasons.

2024-03-29 07:42:10

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Just eat British chocolate. Hardly any cocoa in it.

2024-03-26 02:34:44

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I totally agree with all of that, and implicit within it is that Bitcoin is heading towards usefulness for large sums mainly. The pricing structure for block fees is based on what satoshis were worth years ago and I see no sign of any incentive for any solution that would lead to lower fees. What would create such an incentive is some upstart focused on making mining more affordable to create more competition. Currently supply and demand favours the largest miners. So, yes, exactly as you say, technical advances. But if they are market driven as they surely have to be then more accessible mining technology has to be the way.

2024-03-23 07:44:54

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I suspect mining equipment isn't as efficient as it can be since the money so far has been in big hashpower with obsolescence. More expensive components could perhaps make equipment last longer and give bigger profits on a small scale but then the manufacturers would have to adjust their business models. So far perhaps they haven't needed to.

2024-03-21 03:35:19

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Are we now getting used to limits?

2024-03-20 22:21:33

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Attacks on mining are yet another reason why we need economical small scale mining technology.

2024-03-20 04:31:20

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Look to his former self for clues.

2024-03-20 04:27:26

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Did he mean it's ok to do terrible things as long as you then stop doing terrible things?

2024-03-19 10:37:12

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I get it. When all is said and done people judge value by how much work they'd have to do to get it.

2024-03-19 05:25:01

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Evaluating what they want in terms of what they have is not unreasonable. Hours worked x productivity would be a better gauge going forwards.

2024-03-19 05:21:24

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Lmao

2024-03-19 02:10:29

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TNstacker's link there is awesome. I include mention of those issues. The main thrust though is what you or I can do about it as patients and practitioners faced with a problem we need to solve.

2024-03-19 02:08:00

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This is spot on

2024-03-19 01:55:45

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Lightning I trust for day to day transactions, but not for storage. Hence there is still the issue of, say, moving the funds onto lightning and back off there to do the weekly shop. Personally I wouldn't keep more than a few hundred $ worth on lightning for any length of time. You are right, the issue is block chain congestion. So the more popular Bitcoin becomes the more likely than ever it's usefulness will be limited to large amounts and big players, or else very small change activity on lightning. By extension, this will limit growth in value and price. This also means the system is vulnerable to DDOS and/or big players congesting the mempool at critical times and thereby manipulating the system. Increasing competition among miners is the only mathematical solution I can foresee. The bottom line is that in order for Bitcoin to remain useful and keep increasing in value, affordable domestic scale mining is the next area of development urgently needed so we can have millions more miners.

2024-03-18 02:55:49

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Raising funds to get it published. For the record I haven't called it fiat medicine in those terms or compared it in that paradigm. It's really about the ideas that were lost when medicine became centralised and what is missing from modern attempts to liberate our healthcare. The angle is about how all systems, both mainstream and so called alternative fail to engage with complexity.

2024-03-17 09:29:46

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Not saying gold is the answer. I'm saying that as long as fees are set in ever appreciating satoshis while block rewards keep halving the cost of moving Bitcoin is going to become prohibitive except for increasingly large amounts. Tell me I've got that wrong please.

2024-03-17 09:26:37

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Yes, I just have. It's actually about decentralised healing with fiat as the background for comparison.

2024-03-15 07:19:28

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When the day comes when you can do your shopping in sats, how's it going to feel paying double because the sats per transaction are the same as now?

2024-03-14 22:11:59

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It's 45 mins work at my job to pay for mining fees this morning and 45 mins = 45 mins.

2024-03-14 22:10:27

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Yes to courier a 10oz lump of gold interstate here in Australia costs $25 Australian plus insurance. One email and it's there tomorrow. I've got a transaction stuck in mempool for at least the next day with a $20 fee. This is only going to get worse.

2024-03-14 22:06:56

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That's the point. I can courier gold coins and bars around the country for a fixed price of $25. Increasing Bitcoin mining fees mean very soon only large movements will make economic sense. Lightning wallets aren't secure for storing large amounts and moving it back on or off chain will be prohibitive just to do the weekly shop. When they say Bitcoin is the new gold this is what it means. Ten years from now it's going to sit mostly idle in large wallets out of reach of most citizens while the hoypoloy transact in Montero. The only solution I can see is through more affordable and efficient mining technology to bring about greater numbers of domestic level miners.

2024-03-14 09:42:51

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I'm money crap so I think I deserve a bonus.

2024-03-14 04:05:13

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Ooh!
Anyone want a Ledger? It's free and still sealed in its original packaging.

2024-03-14 04:03:27

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I heard these products were struggling to find takers.

2024-03-14 04:02:41

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Half the fun of being away is that sense of being far away. Gotta take the rough with the smooth.

2024-03-14 04:01:23

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Yup there is no way of knowing if you actually survive the trip or if your memories just get planted in a 3D printed synthetic body.

2024-03-14 03:59:55

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I see problems for Bitcoin before too long. It's getting more expensive to move than gold already. After the halving that can only get worse, right? Am I missing something?

2024-03-14 03:57:22

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If I identify as a bank could I get a bailout too?

2024-03-14 03:56:09

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Been a while, wish I could remember. Have fun though. I hope it's as awesome as it was before communism...

2024-03-11 02:51:15

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It's a plastic gLIn firing real rounds. Who said it was supposed to be durable?

2024-03-09 22:52:25

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Like when the robot asks you to prove you're not a robot. As long as it still needs to ask, I have hope.

2024-03-09 22:51:19

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Do people actually still watch TV drama?

2024-03-08 02:03:18

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Basically, the first money printer to print 100 billion and spend it on Bitcoin wins. Am I right?

2024-03-07 02:11:02

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I'm well ahead of there. I spent all my savings and had to cash in an entire Bitcoin last autumn to clear debts. Right now I can't get a job even in a gas station. Can anyone out there beat that?
PS. I hope my book sells.

2024-03-07 02:08:10

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So 1990s. Like "zone".

2024-03-07 02:07:00

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It only works if your friends change it for you.

2024-03-05 03:43:41

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I'll just show the empty roof of my car.

2024-03-05 03:42:51

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I saw what you did there. Some people have all the luck :-)

2024-03-03 00:17:52

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I offered the world a cure for multiple sclerosis and didn't get a single like. Fuck social media.

2024-02-26 02:59:13

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Define "work".

2024-02-26 02:56:57

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I use Phoenix but I couldn't figure out how to link it to nostr

2024-02-26 02:55:43

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Good point.

2024-02-19 03:22:00

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There is something wrong with living like that. Get rid of the TV.

2024-02-11 03:42:22

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We'll see.

2024-02-06 22:53:05

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It's got to be better than living near a wind farm, or chicken sheds

2024-02-06 01:46:19

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Quitting booze is easy. I'll raise you... coffee...

2024-02-06 01:44:53

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Free speech, bro

2024-01-26 09:55:52

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But which three?

2024-01-23 05:52:34

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I ain't no nun. I just have higher standards LoL

2024-01-23 05:51:14

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Tulips are certainly tangible, it's true. LoL

2024-01-21 04:50:05

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There are several tangible differences between tulips and Bitcoin.

2024-01-21 04:48:51

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As if a life without that garbage was somehow a lesser existence.

2024-01-21 04:47:02

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It's fuk'n toxic

2024-01-15 02:42:14

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Keeping it under the mattress is still safer than putting it in the bank though.

2024-01-10 23:13:45

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I do but very few of my 200 ish followers see it!

2024-01-10 02:02:52

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He irritates the fuck out of me too, and probably anyone with an unfluoridated brain who remembers how he ran Twitter. It's pretty ironic the man who second only to zuckadick engaged in the censorship and mind control to make covid vax genocide possible giving us health advice. Still, on this one I can't argue with him.

2024-01-10 01:58:35

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Did you know that fluoride can cause depression? Just saying.

2024-01-10 01:52:43

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Tap water is last resort. If you can't afford better then get a bucket and catch some rain. Tap is not free though, and nor is living with the health problems to which it may contribute.

2024-01-10 01:49:48

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Water a luxury?

2024-01-09 02:47:11

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Oh what effing dick-tive text messing up my jokes again...

2024-01-09 02:46:26

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P-r-e-c-i-s-e-l-y

2024-01-09 02:45:00

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Why does she even need to spell?

2024-01-08 04:01:56

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But is it possible to go through New Year with some twerp telling you "this is going to be a great year - I can feel it"?

2024-01-06 02:04:05

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And... it has a Bitcoin voucher bot for no questions asked purchase of Bitcoin.

2024-01-06 02:03:04

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I see what you did there...

2024-01-04 02:54:06

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https://www.youtube.com/watch?feature=shared&v=bBC-nXj3Ng4

2023-12-27 23:27:03

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The 90s were the best!

2023-12-27 22:55:16

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If that were true there would be no civil courts and no civil lawyers helping the super wealthy to pursue their grievances. But lawyers dine out very well on aggrieved wealthy people who were subjected to external influence working against them.