It's been a long time coming, but it's happening!
Liquidity ads allow you to not be regularly exposed onchain fees (which aren't very low right now)!
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It's been a long time coming, but it's happening!
Liquidity ads allow you to not be regularly exposed onchain fees (which aren't very low right now)!
@WeAreAllSatoshi is already working on this here
Spiral staircases in medieval castles are running clockwise. This is because all knights used to be right-handed. When the intruding army would climb the stairs they would not be able to use their right hand which was holding the sword because of the difficulties of climbing the stairs. Left-handed knights would have had no troubles, except left-handed people could never become knights because it was assumed that they were descendants of the devil.
Day 171 of snailposting everyday 'til BTC hits $100k.
__@_'-'
Very cool. I think I made a post of classic old Bitcoin videos around 2 years ago, and that was one of them.
"There is no reason in the world why you would not use some other blockchains or cryptos as well".
I am a normal human being, work hard, take care of my family, own a home, own some stocks, save in bitcoin. Why in the world do I need to use some other blockchains or cryptos?
This is the crux of the problem, the feature set of ethereum and other chains is not really needed by the vast majority of people. Sure if you are a trader, speculator, technologist, or arbitrager, you might have some use case but most of the world doesn't need it.
The best argument I can see for Ethereum or other chains to have any sort of future is the movement of stablecoins. I mean, I guess being the rails for future CBDCs could be a pretty huge TAM, but I thought escaping the corrupted system not embracing the corrupted system was the ethos.
I've heard from reliable sources that you were an absolute madman when teaching yourself to code. Suggesting, to me at least, that it was calling you.
What kept you from programming for so long? Do you think you'd have eventually found programming if it wasn't for bitcoin?
Day 100 of horseposting
Horse stance:3 minutes 22 seconds
https://m.stacker.news/17922
An attempt was made. :)
One weird side effect of SN is people ask me what products exist that support bitcoin/lightning as if I'm the guy that would know.
We need at least these next 5 years more "calm waters". Bitcoin can't evolve in a turmoil waters. I mean the developing software, new apps, new base code improvements, etc
See this period of calm we have these days? This is what we need for the next 5 years.
Not bullshit crazy hypes about price hiking to 100k-500k and everybody excited and not concentrated to what matters - merchants adoption and people using it as money.
So I hope we will remain int his range of calm waters of 30-50k and most important, with not too many full mempool seasons.
There's much more to code and prepare in the software part than many can imagine. We are just at the beginnings of beginnings in this matter.
All these "institutional investors" crap will push more for idiotic regulations that will squeeze too much the miners and software developers or even put them into a corner.
We don't need ETFs and crap like that, we don't need blackrocks and influencers that talk only about their price predictions.
We need politicians to be dumb, clueless and ignoring BTC, still considering it a harmful nerds game. Let them continue into their ignorance, don't feed them with information or educate them! Let them be idiots in this matter.
I fear also that more custodial solutions will pop up. I am not talking about a simple meaningless wallet like WoS or SN that custody just few sats of the few users. I am talking about HUGE custodians, like big bitcoin banks. Those are the danger.
Is hard to say... All depends firstly to what new features are implemented into Bitcoin base code and LN. All other solution builders are waiting for these.
I think we will see a more stronger solution for LSPs and with many good LSPs that could provide good liquidity to regular BTC/LN users. That is really necessary to many merchants too.
They are wrong because there's too much noise around.
A Naked Singularity, Sergio de la pava
New York. Public defender. Heist. Swords. Cuban Boxing. Physics. The war on drugs. Lots of dry humor. An incredible ending.
For context I know some folks that run a small ISP. They laugh when I bring up net neutrality. They bring up how Netflix operates and champions net neutrality. The idea of net neutrality is flawed. The idea that the government is the best method to solve a problem is also flawed.
What problem are we solving here? Are the public really having issues using the Internet? Here's what will happen if the state tries to enforce some vague rules called "net neutrality". ISPs will have more regulations and boxes to check. It is already difficult for new upstarts to enter the market. In most areas we have very few options. High regulation reduces competition because it makes it harder for new start ups to enter the market.
If an ISP starts blocking YouTube for example. What would the ideal solution be? For the customer to have another option. Change ISPs. I don't believe ISPs are behaving badly in this area. My guess is that this is coming up again because regulators want more control over our access to the Internet. The Internet is dangerous to those in power and they feel that they are losing control. The answer to this non-problem is more freedom. Not less.
Hi Kody, Nice to meet you and watched your podcast episode recently, I am a react developer but want to start with lightning/Bitcoin development with Fedi. How do I start? any beginner issues?
Might be worth keeping an old bootable version of MacOS X handy...
...or better still wipe and reformat as Ubuntu, when they inevitably force-upgrade more recent versions.
Remember the latest MacOS will automatically install "security updates only". Soon there won't be the ability to override in the UI (currently hidden) and this will extend beyond minor updates to major ones. What constitutes a security update is changing by the day. Just read the latest legislation out of the UK.
The actors who played Mickey and Minnie Mouse were married in real life.
Started a new job! 1st new job in 20 years!
My vegetable farm is infested with a lot of weed after the rains. Would be mostly removing them.
Also learning to surf in the mornings.
IMO stacker news counts as a nostr client. I only have two criteria:
(1) can your software post to nostr relays? (yes -- this is an option in stacker news settings)
(2) can it read posts from other nostr clients? (yes -- stacker news displays zap messages created by other nostr clients)
It isn't a "full featured" client yet, mostly due to ignoring all "normal" replies to your nostr posts*, but it has enough features to count as a basic client by my definition.
*stacker news, as currently built, only shows replies created on stacker news itself. Replies created on nostr are ignored, and I think this is because they don't currently pay the one sat "fee" stacker news requires. If I were k00b, I wouldn't want to give nostr users a workaround that lets them post on stacker news for free when regular users have to pay
Electrum has this since a while but slightly different:
https://i.postimg.cc/Fz9ZCjW6/2023-04-27-174238-514x401-scrot.png
Looks like this then;
https://i.postimg.cc/Pf2zrvFt/2023-04-27-174433-101x17-scrot.png
But I think how Peach formats it is better for BTC<>sat conversion, yes.
So 0.09 090 372 instead of 0.090 903 72
I wish this question got explored more; I think the fact that it doesn't suggests bad things. If you have money -- which is what btc is -- and you haven't thought about the uses to which money ought to be put to further your own flourishing, then there's something else going on that's probably not going to end well for you. But whatever. Go ahead and clutch the paper where you scribbled your unspent QR seed phrase in your bony hands as you go the grave. Hopefully it will be some comfort.
For people with a more expansive idea about money, here's an exercise that's relevant but that's surprisingly difficult: imagine your life 5 years from now if things go really well. Not ludicrously, sci-fi levels of well, but if every day you feel 80% satisfied that you've executed on the things you feel like you should be doing, whatever that is.
Where are you, after doing that for five years? The answer to that probably has bearing on where you can -- or should, one day -- allocate your money, whether it's btc or fiat. If that's who you want to be and where you want to be, money can help realize those aims. But in my experience, and in working w/ others, it's remarkably difficult to answer this question in concrete detail. Try it and see.
(A fuller version of this exercise can be had w/ JBP's self-authoring program, but the idea is well-supported in the literature beyond JBP. If you don't want to read a hundred papers or get a PhD, this is probably among the best $15 you could spend.)
I'll take this opportunity to also answer the OP's questions.
I answered this above. Several hundred characters fewer than 1300, but the exact amount is variable and can be as low as 0 if your payment is very complex.
Most things are possible if you try hard enough, including this. But I personally think it's a bad idea. Lightning is designed for sending a specific kind of message: instructions for creating and redeeming HTLCs off-chain. You can use this system to send other kinds of messages, but most tools don't do a job well if they weren't designed for it, and lightning wasn't designed for routing general-purpose text messages. So even though it can do it, I recommend using something that was designed for that.
No. IMO they are neat as technical demos but not smart to actually use. Sending messages over the internet is a solved problem with many, many excellent implementations. If you want to know one I am currently interested in, look into briarproject.org.
Every message is "attached to" a lightning payment which adds a point of failure to each message: if your payment fails, your message fails too. If your wallet runs out of money, your messages won't send. If your recipient uses an LSP, and they are down, your message fails. If your recipient uses a phone wallet and isn't online when you send the message, your message fails. (Well...zaplocker sort of fixes this...but not all the way. And not very well. A "real" async payments spec might fix this someday though.) In my day to day payments, lightning payments fail all the time, and I often have to keep switching wallets til I find one that works. It sucks, but since it's basically the only decentralized option, we keep working to improve it.
But this would be terrible with text messaging, where there are hundreds of excellent alternative options. Also, though it depends on your threat model, for most people it's NBD if a text message they created passes through one or more centralized intermediaries, as long as the end users' client software is responsible for encrypting and decrypting the messages. For most people, a threat model that allows corporations to know who you are messaging is not so bad if that corporation doesn't know what you told them. So I am fine with recommending tools like Telegram and Signal as better alternatives to Sphinx and Juggernaut.
They suffer from the limitations of lightning's privacy model, which you can read about here. Here is a key sentence from that essay: "Some of the top nodes on the network are capable of analyzing the source and destination of 50 to 72% of payments." If lots of people used lightning for messaging, those nodes could probably identify senders and recipients 50 to 72% of the time. (Not, however, message contents.)
If your threat model is one where you feel it is important to hide message "metadata" (that is, who is messaging whom, and when), it's useful to compare that with alternatives like Signal and Telegram. On those platforms, the companies who host the servers can read your metadata, but not your message contents (assuming you use their encryption features). And they sometimes reveal your metadata to their business partners and to governments. Do you trust them? If so, use them. Do you feel like a personal target? If so, look for something better.
If you're looking to lightning as a possible replacement, consider this: a government or corporation can request information from "top nodes" just like they can request information from Telegram or Signal. But "top nodes" might not comply. If they do, that doesn't necessarily mean you're just as worse off. Telegram can give them reliable information on who you're messaging 100% of the time you use them.
If you use lightning, the best they could get is 72%, with some limitations and caveats due to the imperfection of the heuristics (read the whole analysis I linked to earlier for more details). Also, since you pick your route, you can opt not to route through top nodes, further limiting the information available to them.
But can you do better than 50 to 72%? Earlier I mentioned Briar, which relies on the tor network as a transport and encryption layer for user messages. Tor's sends all traffic through at least 3 hops and therefore assumes that at least 1/3 of nodes on the network are "honest," i.e. not run by malicious entities. These assumptions improve for tor hidden services, which pass through 6 hops and are end to end encrypted. If only 1/3 of nodes are run by dishonest people, as tor assumes, and if you select hops at random, the chance that your message will pass through 6 randomly selected dishonest nodes is very small 1/729. (3 to the 6th power is 729)
So yeah, consider using a tor hidden service for messaging if you really need to hide who you're talking to. Briar makes this easy.
Agree that there's a lot of technological push rather than market pull Jimmy.
At the same time, the same thing could be said of the early internet in the mid 90s. I bet you they even said the same thing about telegraph. It took Heaviside rewriting Maxwell's equations to make them practical.
It takes time for general purpose technologies to get a foot hold and find applications. We will see how it plays out.
Personally, I'm trying to build AI applications in the most ethical, cypherpunk way possible that creates productivity gains & wealth for users.
Lyn covers the usual ground about how commodity money acquires its value. The story is that it starts as a collectible (cowrie shells is a famous example) that people value for aesthetic reasons; or perhaps they use a different commodity (e.g., wheat or tobacco) because people have need of those things, though those types of commodities also have their drawbacks, as she discusses. Eventually, the thing acquires an additional monetary premium on top of its commodity value.
In philosophical language, you would say that the value of the cowrie shell is grounded in its aesthetic appeal. The satisfaction you get bc something makes pretty jewelry, or because you can smoke or eat it, is the foundation that allows it to eventually take on a monetary premium. In terms more familiar to most bitcoiners, grounding is what Mises was talking about with his regression theorem. (Although note that many Austrians got wound around the axle whether btc could have value bc it violated the regression theorem.).
It makes sense to care very deeply about this initial process of monetization when the idea of money is new. But these days, we're obviously familiar with the concept of money. And practically speaking, this new money (btc) is grounded in an older kind of money (fiat) that happens when one is exchanged for the other. But this has always seemed precarious to me -- it's relatively easy for the government to squash formal exchange at scale. Not entirely, but to turn the fire hose off.
Given bitcoin's overwhelming grounding in fiat at this point of time, and its novelty and foreignness, what would it mean for the torrent to become a trickle?
Thanks for the words man.
Don't worry, will not be goone forever.
Is just this summer time, having a lot of work to built that new "death star" citadel.
It will be a Bitcoin monument with 21 rocks at the entrance with the 21 reasons why Bitcoin will save the world.
Darth bitcoin toxicity have to be carved in stone to remain forever in history.
Once the 1dt building is ready, will continue with utilities to make the living there in good conditions, including an internet connection.
My plan is to have a 24/7 webcam showing the beautiful place it is there and what Darth is doing all day.
Warning you may see me naked :)
Of course to watch the video feed you eill need to pay a small fee with sats, to keep away the shitcoiners.
You can even ask me questions, live.
The place is really isolated in a beautiful mountain valley, far from any "civilized" establishment. Is feature not a bug. I just want to be left alone.
I will just spend my rest of my life there.
Listening to the PlebNet course - https://www.udemy.com/course/pleblabaustin/
Playing with Muun, LnBits and Pleb wallet from the course. Amazing stuff.
Thank you, hope to see you again @koiora !
Bcn Bitcoin Only.
Step 1:
Use L4 microkernel written in Rust. Keep UI clean and snappy. Target only one configuration of hardware for first production release.
Step 2:
Fail due to niche market or await patent onslaught or embrace & extinguish efforts from duopoly.
200k sats is not too large a price to pay for a lesson. Onwards indeed.
https://i.postimg.cc/fyTTDCWR/Fo-z45-Fa-YAAt-Jf9.jpg
https://m.stacker.news/63457
Seedbox.
The data carrier size has always referred to the limit for op_return outputs. Luke decided unilaterally that it should also apply to inscription envelopes, and made the corresponding change in his own full node software, Knots. Some people want inscriptions to be non-standard and have been advocating for this change to be merged in Bitcoin Core, but it has not gained support among other Bitcoin contributors for various reasons.
threat model would for regular pleb who saves in bitcoin (maybe a years worth of savings? small enough that they don't do multisig). I think the biggest threats are natural disaster and theft from someone that knows they have bitcoin.
In your example of having a hidden seed, why not just have your hardware wallet with it? I don't envision people needing to sign with a hardware wallet so much that they would want it physically on them.
Privacy. No questions asked.
My seat = my keys (or not your keys, not your seat)
Lightning login fixes hackers getting access to phone and email data. ⚡⚡
Bought $50 during the 2017 boom on Coinbase. Didn't get it at the time. It took a while for the light bulb to light up.
https://imgprxy.stacker.news/aNKuD5B0HaUbd1MPd03t6BsX0IzROlscg9IxbzCqdK4/rs:fit:600:500:0/g:no/aHR0cHM6Ly9tZWRpYS5saWNkbi5jb20vZG1zL2ltYWdlL0Q0RTIyQVFINkk4Wm5KMThYb2cvZmVlZHNoYXJlLXNocmlua18yMDQ4XzE1MzYvMC8xNjkwODgyNzY5NzM5P2U9MTY5NDA0NDgwMCZ2PWJldGEmdD1jTXVSWDVDVlBoRE9GVW1rQmxRUUtybHFMdWhTTFJlMG1mQ2N4ZG1QX1RF
When will we be able to send splits to lightning addresses?
Without a doubt Brant Lake Wagyu.
I get nice rewards despite my relatively limited participation lately. Work's been crazy as I try to get a 41m yacht ready for flag inspection. I leave Sunday to attend the NMEA Expo where I'll learn a bunch about marine electronics, which I will no doubt apply to my day job as a yacht electrician. Today, in my quest to help this yacht get ready, I climed up 5 stories above the water! I had to wear a harness.
https://imgprxy.stacker.news/c588fV3hebvvpP18eVDQpuTyk2T7CTBpRp1Imw53yVU/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLmltZ3VyLmNvbS9rSWlLREIwLmpwZwhttps://imgprxy.stacker.news/ioJn7H_gKXyB3SzX2Plitg1ncVcgvDzSGqphu73UKy8/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLmltZ3VyLmNvbS9uYTMyc25mLmpwZw
I was first exposed to Bitcoin in late 2013 when I moved to Bali. Ubud at that time had the 2nd largest number of Bitcoin ATMs in the world, behind San Francisco! At least that was what I read, and it seemed to hold up because there were indeed lots of them, and most taxis and restaurants were accepting BTC as payment. It was quite a scene.
Anywhoo thinking back on the early adopter OGs I hung out with there, I've concluded that many were early to BTC not because they were ultra-prescient tech/ economic wizards, but more because they were societal dropouts and rebel hippie types. I don't say that with condescension, it was just a theme I observed.
An alternative financial system and dreams of a pleb revolution are very attractive ideas to certain edgy personalities, and the traits that got some of these folks so excited about Bitcoin when nobody else was paying attention also seem to manifest some other odd duck beliefs and behaviors.
It appears to me that there is a loose correlation between how early someone adopted BTC to how likely they are to hold some extreme and rigid ideologies, and to have a strong track record of wildly incorrect predictions.
There are plenty of exceptions to that generalization, and it makes the exceptions even more impressive. Some folks truly just "got it" and still very much get it.
It's just an interesting thing to think about, that to be a true OG in Bitcoin it required some blend of foresight, intelligence, naïveté, and weirdness - and many OG's are so heavy on a few of those measures that maybe best not to take them on as one's guru.
Day 221 of snailposting everyday 'til BTC hits $100k.
...and 21 push-up(s).
__@_'-'
I suggested Open Sats because we know it is legit but it also has some big backers so I am good with doing smaller projects as well.
Maybe we focus on some of the bitcoin community projects like bitcoin ekasi or mi primer bitcoin as examples. Or maybe we do a satsraiser for bitcoin community projects (beach, lake, island, ekasi, mi primer bitcoin and so on) and just split the sats amongst them.
Thoughts?
Most of my sats are spent to upvote sn content and orange pill close circles.
I thought sex was done by just standing straight very close together.
I'm still amazed how it's actually done.
In eastern europe, it is traditional to be in the village or on the farm of the grandparents in the summer.
I think in this case it's his farm, and he's the Deda or whatever his local language calls it, and he's getting extreme offline time from all the numbskulls, recharging his force-ignore powers and scathing memes.
I also like my offline time. I think a whole season would be great. Even the phone in the faraday cage with zero charge on the battery. No television, no tv antenna, no cable connection.
I’m reading the dark forest, although my recommendation would be to start with the three body problem. Brilliant hard sci-fi series in the context of the Chinese cultural revolution
This is a key aspect! You are on the right path. Few others can understand this.
Well done !
The easiest thing for someone new who is just experimenting is to pick a reputable software wallet. Mobile environments tend to be more secure than desktop, so I'd go with those. There's a vast selection of mobile wallets to choose from, but I recommend something like BlueWallet to get you started.
When you create your first wallet, you'll be prompted to write down a 12 / 24 word seed phrase. That's your backup. Keep it written down on paper and never store it digitally.
Even if you loose your phone, you can restore access to your funds so long as you have the seed phrase. It's very important you keep that seed phrase hidden away, because anyone who has it can steal your funds.
That's step #1. If you end up dealing with larger sums you really cannot afford to lose, you'll need to step up your security. When you get more confident, you can look into hardware wallets / cold storage systems, passphrases, multi-sig, etc. There's an entire industry based around keeping your private keys secure, and it takes time to learn and explore. Don't rush!
For further info I recommend checking out the r/bitcoinbeginners sub-reddit and BTC Sessions on Youtube (@BTCsessions)
I think seed phrases are an abomination and no one should use them :)
been working on new songs with my band for our second EP...the plan is to hit the studio this December to record it
KYC is often a requirement for travelers because it provides a credible threat of financial or legal consequences for the traveler if they misbehave or commit fraud.
If a guest trashes their hotel room, abuses staff, runs up an unpaid bill, uses stolen credit card info, etc, KYC data gives the hotel (or its insurance company) a way to recoup their losses by pursuing damages in court from the abusive guest.
In a way, honest guests are forced into surrendering their identity as a way of putting up collateral to ensure they behave well during their stay. Hotels can't safely offer their services without such collateral.
Perhaps instead of their identity, customers who prefer to retain their privacy could offer, y'know, actual collateral, vis-a-vis bitcoin.
The traveler deposits some agreed quantity of bitcoin in a 2-of-3 multisig contract. The collateral is released back to the customer (minus the hotel fees) if the hotel and traveler both agree. But if the two aren't in agreement, they bring in a mutually trusted auditor who can attest to the correct outcome and divide up the collateral accordingly.
One might envision this as a service hired in advance by both guest and hotel. This service acts as an escrow who attests to either "the stay went smoothly" or "dang that guy behaved terribly", or anywhere in between, according to the findings of their investigator. Since the majority of hotel stays go smoothly, this service could make big bucks. In fact, this service could be generalized to work in almost any industry that requires KYC data as collateral.
Interesting idea. So physical things, sent by mail?
I'd love to buy and sell things with bitcoin. Was thinking of making some loaves of bread and bringing them to my (kinda small) meetup, to sell.
can we have an auction house to buy cowboy items and armor like in World of Warcraft ?
Make a new "World of Stackers"
https://i.postimg.cc/B6YnT6Qd/SN-general-store.jpg
No need to phone a fed.
https://imgprxy.stacker.news/eJl1SxwspjzvGSlXiurIU_tPBbc9E4vFO3WNu437jz0/rs:fit:600:500:0/g:no/aHR0cHM6Ly9wYnMudHdpbWcuY29tL21lZGlhL0Y0bndOd09XUUFBbTAtbT9mb3JtYXQ9d2VicCZuYW1lPTkwMHg5MDA
Evil innovation.. stay away
https://snipboard.io/ABfPZJ.jpg
Congrats to @TNStacker. Winner of the Meme Monday 10k sats bounty with this meme:
https://m.stacker.news/41265
OK.
This is a great topic for a discussion. I am non technical and don’t know enough about the various implementations you‘ve listed but I did read 2/3 of the Civ Kit paper and gave up because it seemed overly complicated and like it was just buzzwords. But I don’t know if that’s just because I’m not a dev? Maybe it makes more sense if you are technical. It sounded like an overly complicated RoboSats mashup with Nostr.
The bit were it lost me was where it started to talk about DIDs and where it talks about the potential for a board to be a central point of failure (so federation could be a solution). Don’t know, but definitely got me appreciating the pure p2p nature of Bisq more.
I’m also aware that the first posts on forums in response to bitcoin were highly sceptical so I can see the irony of this post.
Overall though, I’m very glad there’s a lot of attention and effort going into this problem because we absolutely need way more successful alternatives. Bisq is great but it’s not mobile first and it’s really a marketplace for bitcoin.
I’m really keen to watch the various implementations compete over the next few years
you dropped this: 👑
Damn I missed this. I'm going to be honest right now because I know you value that, but I'm taking a chance too because I'm not sure if you want my opinion. I remember kicking myself for complimenting you for your daily zero something posts, because I feel like you being told how much we all enjoyed it made you self conscious and didn't let your shit flow. You're back! Keep it coming.
I consider the purely moral approach as flawed. This is people finding engineering for the first time. My field of expertise is Aeronautical Engineering and I can tell you that, as in bitcoin, the exact same painful care is taken to ensure that all systems work properly not by fear to bad behaviour but to simple error. If it can go wrong it will go wrong. The same care is taken by expecting mindless components to fail, what's the morals of a bolt? Leave aside morals, errors are unavoidable regardless of morals. Bitcoin robustness is not about morals, but about statistics, as with ANY well designed engineering system.
Credit Card rewards. Only a small percent of diligent cardholders will benefit on net from rewards points, cash back, sign up offers, 0% interest periods, etc.
These rewards are paid for by less diligent customers who don't pay off their account each period and pay exorbitant interest rates. People also tend to increase their spending more than their reward rate. Many cards make you jump thru hoops to claim the reward.
Most of the time, these rewards don't even cover third party transaction fees (let alone sales tax). Even if you are diligent, the CC company is still selling data about your spending habits unless you call them and explicitly ask to invoke your right (as US citizen) to opt out of third party data sharing.
This is a gross over exaggeration. 9 times out of 10 there's some minor reason or mistake for it. Other 1 time it is something easily fixable.
But to categorize this as open source is being attacked is rediculous. There's actual real threats to be concerned about. Yet another boy who cries wolf moment.
The pic is nice, but it's not from the last night ;)
https://nitter.net/DominicFrisby/status/1388448025970884609#m
Fact checking help to improve the content value, let's promote it
get rekt noob
Making steady progress in my tiny cabin project 😉
Yesterday I was supposed to work on the porch but I've decided to make some changes in the plan and leave the porch for the end. In the beginning I wanted the cabin and the porch to be covered with a single roof. Now, the change is that the porch will have a separate, lower, flat roof. More sun will get through the top front window and we'll be able to chill on the roof on sunny days 😄
https://i.ibb.co/Rcqzcf7/working-on-the-roof.jpg
Have a great day ahead!
You are thinking about Bitcoin wrong. Bitcoin is not an "app" or platform like Facebook. It's a base level technology with the easiest comparison being to the Internet itself. It will stand the test of time for decades, just like the Internet, thanks to the extremely powerful Network Effect with Bitcoin companies coming into existence and falling away regularly.
The Internet uses TCP/IP to transfer information over a global network.
Bitcoin uses BP/LN (Bitcoin Protocol / Lightning Network) to transfer value over a global network.
The building of networks, especially organic ones with no marketing department like the Internet or Bitcoin, takes many, many years. Decades in fact. The Internet as we know it started way back in 1973. After ~20 years there was still only about 1M users, so given Bitcoin has amassed 200M in only 14 years, it should indicate that it's actually growing faster than the Internet and doing very well!
Lower your time preference. The next billion Bitcoin users will be adopted as the network grows exponentially over the next 10 or so years.
Source: Engineering degree in Telecommunications and Wiki
MAKE STACKER NEWS SPOOKY AGAIN
Nice to meet you!
(Moved this question from your bio, because I saw you posted this AMA)
I was looking through your medium articles.
What do you think of the MVRV Z-Score indicator? It seems pretty similar to the Rising Bottom Ratio.
The daily reward, it's a great idea that push people to post quality content.
If you find or think of something awesome surely someone else will be interested in it as well.
Listen, Jim
I'm going out on a limb
But the chance of shitcoins winning is slim
Monero is crap
I'm done with my rap
I'll see you all tomorrow,
My rhymes on the map
https://torum-bucket.s3.us-east-2.amazonaws.com/605ce393b6f18172d76f7a10/post/media/5e6b4ad7a79f69bb7bcf5b3449984589_post_1672294609431.jpeg
https://i.postimg.cc/QdZhsMP9/D70-FFE7-A-2-F5-C-454-E-857-A-FA9-F0-EB7-A996.jpg