waynevaughan
Wayne

#bitcoin

Public Key

npub1t8ggkas3xk8vk3euv0x5rnw29t9885v38cxq2vj4gtdg2y9h2g4qzjuwwd

NIP-05 Address

Profile Code

nprofile1qqs9n5ytwcgntrktgu7x8n2peh9z4jnn6xgnurq9xf259k59zzm4y2spz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsrlmqad

Publishing to

nos.lol

relay.mostr.pub

relay.damus.io

Author Public Key

npub1t8ggkas3xk8vk3euv0x5rnw29t9885v38cxq2vj4gtdg2y9h2g4qzjuwwd

Show more details

Last Notes

2024-09-17 22:10:16 GMT

Many people mistakenly believe that Proof of Work gives Bitcoin its value or that Bitcoin is "digital energy." This is not accurate. Proof of Work does three things:
1) Proof of work lets each node in a decentralized network independently determine which new block gets added to the Bitcoin blockchain.
2) PoW lets each node in the network independently verify the integrity of the blockchain.
3) PoW makes it prohibitively expensive for a bad actor to falsify the history of valid bitcoin transactions.
That’s all PoW does. It does not store energy. It does not digitize energy. It does not give Bitcoin its value.
Proof of Work provides a strong, mathematically verifiable signal that others value Bitcoin, as they are willing to expend a tremendous amount of energy to find the next block.
Ultimately, Bitcoin's value comes from the belief that others will accept Bitcoin as payment for scarce resources.
It’s that simple.

2024-08-27 16:53:35 GMT

I wonder how many in the Nostr community know about Groove Networks and the P2P wave of the late '90s and early 2000s.

2024-07-25 18:39:29 GMT

Stopped by the Damus booth at the Bitcoin Conference and got a demo of the new client. It was 🔥

2024-05-09 16:51:43 GMT

This is huge. Yuuuge! https://video.nostr.build/51d019c449a53e960a0edf14beecd888c2d68621842f20e55321450b79eb84a1.mp4

2024-05-08 15:39:47 GMT

Junseth is the GOAT.
https://x.com/verysmallclaims/status/1787950799202468147?s=46&t=GLKsGL6JsN8ZBADQPtzZFg

2024-05-01 01:20:22 GMT

- reply

Terry Black’s BBQ

2024-04-20 01:55:02 GMT

Halved

2024-04-10 16:37:56 GMT

- reply

Would ARK be giving funds directly to developers or going through an intermediary like Brink?

2024-01-31 22:20:41 GMT

Headed to Dubai for Bitcoin Davos.

2024-01-01 20:18:30 GMT

Happy New Year. May 2024 be the best year yet for Bitcoin.

2023-12-25 16:20:11 GMT

My favorite Christmas gift is a mug with the Bitcoin logo smashing the Federal Reserve! https://image.nostr.build/76e672c7c4ee9daf15fa764918678dca07f0b8f0597804b853a1f3d38d8a6dde.jpg

2023-11-07 15:48:55 GMT

- reply

The UAW does not approve. Automobiles must be created in a manner that maximizes the utilization of union labor.

2023-09-02 16:48:07 GMT

Drivechain for Nostr 🤣

2023-07-05 16:17:04 GMT

- reply

Peace and freedom trump status.

2023-07-01 18:18:35 GMT

Are ya’ll still here?

2023-05-28 16:46:28 GMT

Memorial Day weekend on Lake Austin. https://nostr.build/i/953b912242c2cf4f1d686e40ebf63c721767790ffd8353c45ac4087ecdd81269.jpg

2023-05-20 23:25:19 GMT

- reply

It’s a mistake. The correct price is $299.

2023-04-09 15:42:27 GMT

Perhaps we need a Bitcoin holiday where the Honey Badger brings sats to the children of the world. Giving candy to kids worked for Easter. 🐰

2023-04-04 17:37:54 GMT

- reply

You were off by one letter in your username. What a shame. 🤣
NVK > NDK

2023-03-22 15:39:45 GMT

Has anyone written a good summary of the Nostrica conference?

2023-03-20 14:41:26 GMT

Wishing I was at Nostrica. Here’s video of the event. https://www.youtube.com/live/2NueacYJovA?feature=share

2023-03-19 19:49:56 GMT

Imagine if Bitcoin existed during the Occupy Wall Street movement.
We’re about to find out what happens when the banking system is stressed and people can move some of their capital outside the fiat banking system.

2023-03-18 01:39:36 GMT

I love how the government executes Operation Chokepoint 2.0 and Bitcoin shoots above $27,000. Elizabeth Warren must be having a conniption.

2023-03-10 16:36:42 GMT

Stop voting for Democrats that are openly against #Bitcoin https://twitter.com/bitcoinmagazine/status/1633933119920168965?s=46&t=GLKsGL6JsN8ZBADQPtzZFg

2023-03-06 13:54:47 GMT

Binance tried to hire Gary Gensler! Imagine how the world would be different if they had successfully recruited him.
https://unchainedcrypto.com/binance-tried-to-hire-sec-chair-gary-gensler-in-2018-report/

2023-02-26 16:41:16 GMT

My global feed is no longer filled with Chinese porn spam. Did relays implement some type of spam filtering?

2023-02-26 13:08:30 GMT

Test to see how mentions work on Damus.
#[0]
#[1]
https://youtu.be/X4wS12PRFXo

2023-02-26 12:57:04 GMT

It’s great seeing Nostr being discussed by a mainstream media outlet.
https://youtu.be/X4wS12PRFXo

2023-02-23 02:05:19 GMT

- reply

Not me.

2023-02-22 20:34:24 GMT

- reply

Have you ever thought about posting content to Nostr that required a lightning payment to view?

2023-02-21 04:37:46 GMT

- reply

52 mins of TikTok!

2023-02-21 04:36:35 GMT

- reply

Most importantly, no government can force Nostr to shut down or censor content. They can go after one relay, but they won’t get them all!

2023-02-21 03:08:23 GMT

- reply

Welcome to Nostr

2023-02-20 13:46:06 GMT

Traditionally, content is published to a single web server and it gets cached by a CDN. Nostr flips this on its head. Content is first broadcast to a CDN (relays) and then servers can chose to store content they deem important.
This broadcast first approach is perhaps the most interesting aspect of Nostr. It makes censorship hard. You can’t ban an account. You can’t stop someone from running a relay.

2023-02-20 05:13:30 GMT

- reply

Ordinals are a bubble within a bubble wrapped in a ponzi. Charlie Munger has his first raging boner in 50 years.

2023-02-19 19:30:30 GMT

Senator Elizabeth Warren is introducing a bill that could cripple Nostr. It would require Bitcoin node operators and lightning node operators to register with FinCen and implement a KYC/AML program.
https://www.coindesk.com/consensus-magazine/2023/02/15/4-reasons-why-lawmakers-shouldnt-back-sen-warrens-latest-crypto-bill/

2023-02-18 15:04:05 GMT

- reply

Have you thought of a way to create a market for relays? Imagine a user specifies they are willing to pay 1000 sats annually for relay access. Their app automatically connects to the marketplace, gets a list of relays, checks their prices and specifications, and subscribes to a set of relays. This approach has many pitfalls, but it could offer a better user experience than having users manually select and pay for each relay.

2023-02-18 14:54:35 GMT

- reply

I’ve seen this chart used to justify wealth taxes. The thinking is that excess printed money inflated asset values and the government needs to tax those assets to reclaim the money and reduce the debt.

2023-02-18 03:07:40 GMT

- reply

Looks like no.

2023-02-18 03:07:28 GMT

Testing to see if Damus supports markdown
# H1
## H2
### H3

2023-02-18 02:57:04 GMT

- reply

AdWords for Nostr.

2023-02-17 19:18:36 GMT

- reply

Most importantly, zaps offer an alternative to advertising.

2023-02-17 01:37:36 GMT

- reply

How much data will a Nostr relay accrue annually? Do we have any good estimates? It seems expensive to keep everything forever.

2023-02-17 01:33:53 GMT

- reply

I’m still seeing a 404 as well. I hope this is real. The 2024 election is gonna be lit!

2023-02-16 14:48:00 GMT

PPI is in. Inflation is still hotter than estimated. That means rates are going higher for longer. More pain ahead.
PPI 0.7% MoM, est. 0.4%, Last -0.4%
PPI 6.0% YoY, est. 5.4%, prior 6.2%

2023-02-15 19:52:23 GMT

Twitter is down. Nostr is still working. Nice.