chalky sparks
Chalky Sparks
She was barely aware of her questions... but their answers were printing a record in her mind, moving sentence by sentence to a goal.
Public Key
npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj Profile Code
nprofile1qqsz782z6k09raah5cv0zth7l740pkdl58ysq7lvwcqygl4xtr7k5tgpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0ds7dn0vk
Author Public Key
npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj Show more details
Published at
2023-11-14T16:32:35+01:00 Event JSON
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Last Notes npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks One company’s software update bringing down all the computers around the world? That’s not the future I was expecting! Decentralisation is way overdue! #decentralisation #Blockchain npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Do the folks asking blockchain miners to submit their energy usage reports ask the AI data centers to do the same? #btc #ai #bias npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks The future of censorship is users taking control of what they see and what they don’t. Llama Guard is a step in the right direction but more work needs to be done. https://ai.meta.com/research/publications/llama-guard-llm-based-input-output-safeguard-for-human-ai-conversations/ npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Sure free speech may be a good thing to pursue too. But it just occurred to me that the argument can be made that any tool that can resist the state’s oppressive power can be argued to be arms and therefore be protected by the constitution. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Wait a second. Isn’t Bitcoin protected under the second amendment in the US? The right to bear arms was meant to protect the rights of citizens against the state. Given that the definition of “arms” doesn’t only mean muskets of course, it stands to reason that Bitcoin could be considered arms. So what am I missing? #bitcoin npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Is mainstream adoption of AR just around the corner? I think it may needa few more iterations. The true indicator will be when the strap disappears and allows this device to be worn and used like regular glasses and not like ski masks.
#design #product #AR https://image.nostr.build/48da04f3d19a56f2ab2d223200fbb86458f0f024415def794e580816c5e805d9.jpg npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks $4.5B trading volume on day one of the #BTC #ETF. This is a record breaking number! To contrast the gold ETF launched in 2004 took three days to hit $1B. Looks like BTC is here to stay! npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks #Starlink got a seat at every government's table with their direct-to-cell service. Now, if any government wants to cut off mobile access to some citizens, they'll run it by Starlink? Starlink’s feet will be held to the fire but what if they had been #decentralised instead? npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Starlink, along with other companies offering direct-to-cell service, is both a cause for celebration and lamentation. We celebrate the fact that #speech is no longer dictated solely by those controlling geographical boundaries. But, it is now in the hands of corporations. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks The recent technological #breakthroughs are a hilarious paradox. Due to its requirement of immense computing resources #AI centralises power, while #crypto has been built from the ground up to #decentralise it. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks I agree with the sentiments, but I find it hard to disengage with the old world because I’ve not been able to move all my wealth over as yet due to regulations and other obstacles placed in my way. My old bank won’t even support the transfer of *fiat* to my new bank because the new bank provides an on-ramp into the new world. This makes things much slower for some of us living in difficult geographies. So for those that are able to make it to the new world, please help build bridges to help others to get there. The more people we are able to ferry across, the better it is for everyone. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Watch this video for a comprehensive overview of Bitcoin network decentralization and the measures being taken. It's essential for anyone involved in the field, especially investors. https://youtu.be/jFfzsEj6z6c?si=JU5LpkgyWE_Z-Ll2 Key takeaways below. 1. Solo-mining isn't profitable. Pooled mining is the only way forward. This is detrimental to decentralisation as the number of pools have reduced over time to only about 12 unique entities in total. 2. There's a tremendous amount of intermediate steps that go into mining. This includes deciding which transactions get included in the next block as well as the type (block template), actually performing the hashing function and distributing rewards (and refunds) to name some. 3. Pool owners currently decide about a lot of these important aspects and and not the miners who provide the hashing function. The miners are only aware of what they've mined *after* the block has been mined and they know only then whether they spent their effort profitably. 4. The transaction fee based rewards system puts more trust into the hands of the pool owners as there's no way for miners to know how much they were supposed to be paid by the pool for the work they have done. 5. Pools will also have the new coins minted flow through them for distribution, so this makes things much worse for #decentralisation. There has been a prevailing belief that #bitcoin, being the most decentralized system, is immune to control from any group. However, blind faith can be detrimental. Like any other system, it requires vigilance to identify and address problems that may arise from time to time. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks “Geography is destiny, my friend!" - a memorable line from a movie that couldn't be more true! Living in different places expanded my horizons and showed me there are many valid pursuits of life!
Care to share some of your insights?
#perspectives #living #lifegoals npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks If they thought they’d have some control over Sam Altman before, they can forget all about it now. #openai npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks If everyone begins to expect the market to do something, it most definitely won’t. So contrarian thinking is actually rewarded. But you can’t just be against market trends, you have to be *for* something that’s indicative of the opposite market trend. How does one spot that? With originality of thought and a belief in what else is possible. #trends #markets npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks “Virtual” is ephemeral and not tangible. It’s the term people used to knock Bitcoin as a non serious currency. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks What’s the simplest way to find new people to follow on nostr? npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks #Bitcoin #Ordinals have undermined the "store of value" narrative, hasn't it? #BTC once had excellent product-market fit. I can’t imagine why anyone would want to mess with that! npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks "Infrastructure is the most efficient mechanism by which society stores and distributes value." - Clay Christensen #business #systems #design npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks "Startups go from setback to setback with enthusiasm!" - Brian Armstrong on the the experience of building startups. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Right npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Banks are institutions that socialise losses. I prefer to hold my own money. #banks #finance #crypto npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Why would I spend my Bitcoin when it’s value will only appreciate over time? Some people say that I will be forced to do so eventually. I don’t agree. I would always spend something else in order to HODL. Is there any evidence from the countries where BTC is legal tender to suggest otherwise? npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks You’re right. It’s absolutely important to do so as no one can avoid the biases they have while designing the products and systems and thereby imposing their views on the world. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks I see people come to the same key realisations about bitcoin and crypto and state them as original thought over and over again. The highlights being: 1. Church and state were separated so why shouldn’t money and state? 2. The price couldn’t go to $100… as someone would swoop in and buy it up then! 3. Deflationary systems help preserve value in the long run. 4. One bitcoin is always one bitcoin. 5. Money is a store of value. 6. Fiat is a Ponzi scheme! 7. It doesn’t matter who Satoshi is. 8. The energy spent by miners across the world is insignificant when compared with what is spent by the fiat world. 9. The energy spent by miners is not waste. It’s what is required to make this new monetary system work. 10. Keeping the money honest is a way to keeping the world honest. Did I miss anything? Should something else have been included in the top ten list? npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Very glad we went from calling Bitcoin “virtual currency” to “digital currency”. #terminology npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks It's becoming harder though! npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Are discussions on NOSTR only meant to be about Bitcoin? Asking for a friend. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Good discussion and a great sound byte. But if I may respectfully offer a tiny bit of criticism, is it right to equate “off-shoring” with being shady? Some of us live in jurisdictions that are not crypto friendly and have no option but to setup outside of these areas. I’d hate to be painted with the same brush as SBF. The greater point really is that I believe the crypto world should adopt a global mindset and not be judged as bad (or good) based on specific geography. SBF was shady regardless of where he operated from at the end of the day. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Would BTC see even more adoption if it had bridges with other crypto assets? Right now the most used method of buying BTC seems to be through centralised exchanges. npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks So, apart from getting a signal about market sentiments it’s not useful to listen to him anyway? npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks My local newsstand has put up a sign that says “Bitcoin is accepted here!” I almost jumped to give him a hug! #bitcoin #adoption npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks “Wallets” are the most poorly named concept in all of crypto! #crypto #wallets #web3 npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks This past weekend clarified one thing for me - when making a move to crypto, it's good to reduce or even eliminate your ties to the old world financial system, including stable coins, as it will inevitably drag you down with it! #crypto #finance npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Crypto security has a problem. It’s only got one level of security and that is MAX. But as a user you need different levels of security for say a social media application compared to a DeFi application. The most secure alternative solution so far is to use different wallets for different kinds of applications. But that ruins any reputation score I may have collected on the social wallet which could be useful on the DeFi wallet. This stuff needs to be solved! #crypto #wallets #security npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Crypto will succeed when it gets mainstream adoption. Adoption is dependent on how simple it is for users. UX design is therefore the one thing we need to focus on as an industry. It’s only logical! #design #ux #crypto npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhj chalky sparks Woah!