repletesumo
replete sumo

mountain man, seeking truth, running bitcoin

Public Key

npub1wl0sg0dwh9qex4v59qmkq6ta78qr448war08t8rk0m5y8r37p36q4pq59t

Profile Code

nprofile1qqs80hcy8khtjsvn2k2zsdmqd97lrsp66nhw3hn4n3m8a6zr3clqcaqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0ds3zlanl

Publishing to

relay.damus.io

nos.lol

Author Public Key

npub1wl0sg0dwh9qex4v59qmkq6ta78qr448war08t8rk0m5y8r37p36q4pq59t

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Last Notes

2025-05-29 21:38:48 GMT

“If a man empties his purse into his head, no man can take it away from him.”
- Ben Franklin on Bitcoin.

2025-05-26 16:03:51 GMT

When something you've taken for granted starts breaking down, that forces you to understand it deeply.
https://x.com/repletesumo/status/1927031825349706203

2025-05-25 22:05:46 GMT

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https://x.com/johncoogan/status/1926749354770981255

2025-05-10 11:35:27 GMT

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So is Bitcoin.
#nevent1q…kfgv

2025-05-07 01:05:22 GMT

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That is the point of censorship resistant money 🤷‍♂️

2025-04-21 11:23:19 GMT

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@nprofile…y9xr

2025-03-31 21:30:28 GMT

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Someone needs to register wtfhappenedin2025.com

2025-03-21 12:58:04 GMT

Knowing <<< Doing.

2025-01-26 14:45:18 GMT

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Good morning Nostr 🙂
#note1k82…mfeq

2025-01-23 16:01:56 GMT

By creating censorship resistant protocols, we will enable censorship resistant platforms. These platforms will allow humans to be more free. Is that a good or a terrible thing?
The answer depends on your views on humanity.

2025-01-21 20:51:12 GMT

@npub1e2w…seff
This is cool!
https://gist.github.com/hackermondev/45a3cdfa52246f1d1201c1e8cdef6117

2025-01-20 05:54:59 GMT

Being upset or obsessed with the latest shitcoin is a sign that you are early in your Bitcoin journey.
Always remember:
Everything. Is. Good. For. Bitcoin. 🧘

2025-01-20 04:46:05 GMT

Bitcoin is the solution to a problem.
If you don't understand the problem, you can't understand the solution.

2025-01-18 15:14:35 GMT

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@npub1w7f…uthp @npub1w7f…uthp

2025-01-07 12:51:54 GMT

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Laser eyes till fiat dies.

2025-01-06 03:54:12 GMT

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you should post it to Nostr instead of looking to it.

2024-12-27 17:21:03 GMT

Bitcoin doesn't fix everything.
Bitcoin does change everything.
Hopefully for the better.

2024-12-27 14:46:51 GMT

You can't have it both ways.
https://m.primal.net/NINJ.jpg

2024-12-27 13:42:15 GMT

Your periodic reminder that blockchains don't scale. Do NOT store your 0.0001 BTC in a multi sig utxo. Unless you want to donate your sats to miners as fees.
https://m.primal.net/NIKW.jpg

2024-12-25 20:43:10 GMT

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hello!?

2024-12-18 16:38:57 GMT

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@npub1qpg…e8z6

2024-12-18 16:38:20 GMT

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note1pnd05urglhz6hrds348ev9ausjw0ty8k78l24s9vemf0xtpxluhq83hrwy

2024-12-18 14:42:01 GMT

“When the facts change, I change my mind. What do you do, sir?”
https://m.primal.net/Mzom.jpg

2024-12-18 12:52:08 GMT

Removing Capital Gains Tax
>
Strategic Bitcoin Reserve
👇
https://x.com/real_vijay/status/1869255446521164204?t=ps1MVQyy3liAwrTu0LoN9g&s=19

2024-12-12 02:04:47 GMT

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enable zaps.. please?

2024-12-05 14:46:28 GMT

https://m.primal.net/MoRF.png

2024-12-05 13:36:22 GMT

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#note1kpp…cl92
https://m.primal.net/MoOj.jpg

2024-12-05 03:10:46 GMT

https://m.primal.net/MnuX.jpg

2024-12-05 01:40:37 GMT

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Be deliberate about who you spend time with.
#note1rj9…9d09

2024-12-04 01:48:09 GMT

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Bitcoin is hard money they can't f*** with.

2024-12-04 01:47:26 GMT

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Bitcoin is hard money you can't f*** with.

2024-12-04 01:42:26 GMT

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eCash >>>>>>>>>> Custodial lightning
#note10s4…a3h5

2024-12-04 01:27:44 GMT

Post hyperbitcoinization I'm going to take a year off to spend extended periods of time with friends and family(who live around the world). I want to know my loved ones deeply before I die.
What is your guilty high-time-preference pleasure?

2024-12-04 01:19:22 GMT

"Raising a child is the ultimate strategy game." - beclause

2024-12-04 01:09:24 GMT

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Read this at a martial arts studio.
I love how this applies to so many things, including Bitcoin.
Do not prioritize the money over the tech or the tech over the money. The two must stay intertwined.
#note1lc8…ceas

2024-12-04 01:04:01 GMT

"A nation that draws too broad a difference between its scholars and its warriors will have its thinking done by cowards, and its fighting done by fools." - Thucydides

2024-12-03 23:30:06 GMT

You are the average of the five people you spend the most time with.
What does that say about you?
Be thoughtful about the company you keep.

2024-12-03 01:16:37 GMT

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I give you, the "Shitcoin Bitcoiner".
Shits on everything, without understanding any of it.
#note12ch…fl4n
https://m.primal.net/MmXH.jpg

2024-12-02 17:57:37 GMT

https://x.com/Enron/status/1863583974657863989?t=DXWte2Q-j8Fut3L0-43ovQ&s=19
I hate bull markets.

2024-12-01 19:46:12 GMT

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A fiscally conservative person who pays off their debt and doesn't take on more debt, destroys credit which puts deflationary pressure of the Fiat system. This is harmful for the current financial system, which relies on ever increasing amounts of credit(and therefore debt). The credit scoring system exists to identify economic actors who are capable of taking increasingly larger amounts of debt(without defaulting).

2024-11-30 23:49:22 GMT

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because credit is debt

2024-11-28 21:45:47 GMT

Spending time with family makes you realize that when compared to your loved ones, even Bitcoin is a Shitcoin.
Happy Thanksgiving!

2024-11-28 17:04:54 GMT

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⚡

2024-11-24 18:55:37 GMT

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welcome to Nostr!

2024-11-24 00:36:02 GMT

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deleted?

2024-11-24 00:14:22 GMT

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note1dmre09zmdj56yfzkuyqvqncnqzgyplurpsxttjtqxxwtwwgwxcgqw7uakx

2024-11-23 17:49:19 GMT

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Think for yourself.
Argument from authority is shitcoiner behavior.
https://en.m.wikipedia.org/wiki/Argument_from_authority

2024-11-23 17:36:04 GMT

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cuz definitions are important...
Shitcoin: approach, solution, advice, asset etc, that is unsustainable over the long term in achieving it's stated goal.
Shitcoiner: person promoting shitcoins.
#note12ch…fl4n

2024-11-23 17:24:46 GMT

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Dismissing solutions that attempt to address base layer flaws at higher layers is shitcoin behavior.
Dismissing solutions because you don't like the creators is shitcoin behavior.
#note17gv…89ck

2024-11-23 17:20:32 GMT

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People trying to promote the base layer for other use cases(privacy, low value transactions, personal lightning channels et al) are shitcoiners.
#note18qf…a96z

2024-11-23 17:01:56 GMT

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The base layer is a shitcoin for anything other than censorship resistant hard money.
#note1a2x…zete

2024-11-23 16:56:25 GMT

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Lightning channels for small volume payments are a shitcoin. (fat or otherwise)
#note152c…xpu4

2024-11-23 16:53:54 GMT

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Low value transaction on the base layer is a shitcoin.
#note1hdh…s2le

2024-11-23 16:24:02 GMT

Base layer privacy is a shitcoin.

2024-11-16 19:13:47 GMT

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#Bitcoiners 🫡

2024-11-07 12:06:54 GMT

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note1r09udw2hcuye96g7l4jt4psvhqxge8lc88dffkhyzucd9eerq75q4ygpkc

2024-11-05 21:53:06 GMT

I hope the new president brings down the price of Bitcoin. It's much too expensive.

2024-10-30 00:03:13 GMT

Well written prose are viruses. They infect the minds of humans who read them. Be a good writer.

2024-10-29 23:37:55 GMT

If you truly believe in hyperbitcoinization, then you already have enough Bitcoin.

2024-10-28 02:02:15 GMT

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Agreed! There is something beautiful about working on a project that takes centuries to complete. Being a part of a bigger plan, a masterpiece that no one human gets to see from the beginning to the end. It used to be the norm(pyramids, chapels et al), but thanks to Fiat it's the exception.
However, I'm surprised by your views on the timeline of this specific project. I find it hard to imagine the $(as it stands today) lasting another 40 years. The math doesn't seem to work. Can you elaborate more on what's a reasonable timeline for hyperbitcoinization?

2024-10-27 17:17:56 GMT

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I didn't expect you to say that. This would mean that many of us will grow old and die in a Fiat world. That's unfortunate.

2024-10-27 12:43:19 GMT

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Do you think the Fiat era will last another 40 years?

2024-10-24 02:07:20 GMT

Why do people want thousands of followers?
I'd much rather have a handful of friends.
In relationships, quality always trumps quantity.

2024-10-22 13:33:03 GMT

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Another gem from the same episode.
Listen to the episode to find out more about this feature.
(I think it's pretty cool 🤫)https://m.primal.net/LeWa.mp4
cc: @npub1art…m0w5 @npub1s6z…wk4c

2024-10-22 00:52:05 GMT

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note1tnpxfjusj4yzqnks95d76cscd2kp58rlm7xu8cpcnsl7qfhs03ysdw6w2c

2024-10-22 00:51:00 GMT

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https://primal.net/e/note19crwfcfkujd9u67g9q6653k6qq77t83fxcptx4vmrynycfwzyrxq5krls5

2024-10-21 18:53:55 GMT

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While this statement rings true in an inflationary ecosystem, it might become less applicable in a post bitcoinization world.

2024-10-21 13:14:21 GMT

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Everything has tradeoffs. For long term storage, your first two points aren't applicable.
1. You can do it offline and bring your own entropy
2. Most weather can't get through a block of concrete
3. This is valid risk and needs to be mitigated.

2024-10-21 12:54:59 GMT

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For generational cold storage, how do you argue against a 24 word seedplate stored in a block of concrete?

2024-10-21 12:09:18 GMT

Stay humble and stack "SATS", not Bitcoin IOUs.
cc: @npub1qny…95gx

2024-10-21 04:27:47 GMT

Getting zaps from random strangers on the Internet is a surreal experience. It's something I hope everyone gets to experience at least once in their lives.
Thanks for the retweet and the sats @npub1qny…95gx. I promise to pay it forward 🫡

2024-10-21 04:15:36 GMT

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In investing one would rather be lucky than right 🤞

2024-10-21 04:12:26 GMT

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For those debating whether @npub15dq…lm5m is a net positive for Bitcoin.
👇
#note13kt…sqmp

2024-10-21 04:05:27 GMT

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It's unfairly effective when it can be automated. You make one decision to DCA and then you are done. You stay consistent by default. In fact you must go out of your way to stop being consistent.

2024-10-21 03:57:21 GMT

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I agree with the sentiment. However here is a more rigorous proof to back your point of view.
Everything is good for Bitcoin.
Saylor is a subset of everything.
Therefore Saylor is good for Bitcoin.
Hence proved. Q.E.D.

2024-10-21 03:26:06 GMT

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I'm not sure I understand your question. To reiterate, I do run experiments but I'm unable to beat DCAing into obvious winners. In fact, in retrospect my biggest losses have been around opportunity cost of not DCAing into assets that I knew would do well.
Eg: DCAing a small amount of $ every month into Bitcoin for over a decade was the obvious, boring thing to do. Alas, it's not something I did.

2024-10-21 03:15:03 GMT

I love the rapport between @npub1s6z…wk4c and @npub1art…m0w5 on the Bitcoin Explained podcast.
"Life on the blockchain is rough, and life on the @npub18d4…6lt3 is even rougher."
https://video.nostr.build/316bb8623a0a3eb33c8da2cacb756e00d2cf575702f513d73a544fd2f27c6b42.mp4

2024-10-21 02:58:07 GMT

Looking back at my investing track record. I'm a below average investor.
I suck at timing.
I suck at position sizing.
I suck at handling emotions.
The only thing that's worked for me is making fewer decisions. My most profitable decisions have been boring and obvious ones that I stuck to for years.
Eg: DCA into the sp500 for a decade.
Staying humble and stacking sats(via DCA) feels like the right decision for me and other before average investors.
cc: @npub1qny…95gx

2024-10-20 21:16:06 GMT

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Malcolm Gladwell covers this in one of his books(David and Goliath). He calls it "desirable difficulties". The premise is that surmountable challenges create exceptional people. Examples: dyslexia is disproportionately higher among CEOs. US presidents come from disproportionately higher from single parent households.

2024-10-19 03:40:28 GMT

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what do you think are the reasons for this?

2024-10-05 12:23:51 GMT

In strength training, it's ok to fail a squat. It's not ok to half ass it.

2024-10-03 00:20:29 GMT

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I understand the sentiment, but can you please elaborate. What are the different ways a mint runner can glean information about the eCash users? Something I can imagine: tracking ip addresses? monitoring in/out on-chain or lightning payments and connecting then to tokens? what else?

2024-10-02 12:21:46 GMT

From the end users perspective, eCash has the same tradeoffs as custodial lightning, you are giving up control over your keys and therefore increasing your chances of getting rugged. However eCash provides better functionality(bearer token, offline transactions etc) and (perfect) privacy compared to custodial lightning. I'm looking forward to seeing custodial wallets like @npub1hcw…h9rq integrate eCash.
cc: @npub12rv…85vg

2024-09-25 00:52:48 GMT

Someone asked me today if a particular action was moral. As I considered the question for a minute, I realized that I do not have a fully formed view about morality. Does that make me amoral? 🤔

2024-09-16 15:55:19 GMT

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What if it stays at $58k for another year or another decade? That would be ideal. It will force everyone to stay humble and just keep stacking sats.
Alas, the fixed supply makes this impossible 😢

2024-09-14 13:04:30 GMT

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It was good while it lasted. Now we have Bitcoin and Nostr to take us forward.

2024-09-14 13:02:36 GMT

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Apparently so. I'm giving it a shot.

2024-09-14 13:01:30 GMT

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Mr Obnoxious is an odd name. When I think of you, obnoxious is NOT a word that comes to mind! Why did you pick it?
(I'm still experiencing withdrawal symptoms from the ending of WBD)

2024-09-12 11:33:45 GMT

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Thanks. Open timestamps is a fascinating project.
I noticed that the transactions are using Segwit. Would there be any significant savings by switching to Taproot?

2024-09-12 03:01:15 GMT

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how often do the calendars publish on chain? Is there a way to track those transactions on a website like mempool.space?

2024-09-11 17:15:32 GMT

Applying Benford's law to the $ price of Bitcoin, we should see a brief period in the 80-90s before we head past 100k. Till then, let's stay humble and stack some sats 🧘
#statistical-analysis

2024-09-09 03:07:07 GMT

In the most recent episode of ATP, Marco mentioned that in his view Tesla is likely the best electric car manufacturer at the moment. He then said that he will not buy a Tesla car because of "political reasons". Am I the only one who finds this weird? Are there other people out there who intentionally choose to buy inferior products as a way to signal their political views? 🤔

2024-09-09 03:01:01 GMT

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👍

2024-09-09 00:39:34 GMT

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ahem @npub1w7f…uthp 😜

2024-09-07 23:47:30 GMT

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#remind me in 5 years 🙂

2024-09-07 12:26:49 GMT

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hello Uncle!