The Fed isn't federal, FOMC meeting is on for tomorrow and market expectations for cut are nearly 100%

Whatever they do or don't do they can only blame on lack of government provided data.

I believe it's also expected they end QT, if that's combined with a bigger than expected cut they'll definitely cite the shutdown.

If you feel that way it's safe to assume lots of others will too, probably another reason to be bearish on these things for domestic uses. I've never once though man I need a bot to flip the laundry, I'd want that clanker to show up with appropriate materials, re-point my chimney, and leave.

Remote controlled or autonomous doesn't really matter, processing still ends up in their cloud for infinite analysis... though its not like our cell phones haven't already mapped every inch of our houses already.

Until they show up to the house offering a special deal on landscaping I doubt they're all that useful outside of a factory/warehouse.

It does feel very "look here not there", otherwise it's too stupid to believe.

Shinobi is a moron, don't give him the clicks.

Divine consciousness thrust into an experiment with others where we're all shoved into a monkey meat suit that drives us insane just to see how we handle it.

That gives them too much credit, they were outright lying and FUDing when they launched this stupid thing.

The link to Spiral suggests its an effort to backhandedly undermine self-custody wallets that can't afford a CashApp scale legal department, ye olde regulatory capture playbook.

Nothing much new since previous editions on my end from a design standpoint, still grinding on some pub stuff to get the wizard deployed via s9 appliances.

Last week stood a POC for NymRank but need to work with Straycat a bit to get it dialed in, still some results not as expected so I don't want to go live with it yet... but first application of it will be a custom (premium) Lightning Address flow in ShockWallet which I need to wireframe.

Should push a bug fix release of wallet later today after some testing, some acute UI/UX fixes included.

I tend to work on what i'm inspired to on any given day which explains a lot of the circular development. Currently feeling like the more people set up a Pub the more I want to have a nostr/ecommerce app that takes advantage of CLINK. It's a pretty sad state of affairs with Nostr apps generally and the fact that BTCPay to an external platform is the best merchants can do right now.

Always thought L402 was pretty dumb, more of a meme because its an old HTTP status code than actually useful in a world of socket events.

Weaseling ecash into it is even dumber, why introduce a custodial shitcoin into a machine-to-machine payment flow when credit is already the standard. The whole advantage of Lightning is instant settlement without credit.

Just more larp from Calle the attention scammer.

Grabbed some 11/7 gold ETF calls (IAU) before close yesterday around 3900, expecting a bounce to $4100 and will dump there.

There's a currency war going on, those calling it a "trade war" are missing the forest for the trees. It's not about Bitcoin vs. Gold, it's a demarcation of which fiats can collateralize and which can't. The story early this year was how much gold the US is repatriating from London and it's potential re-valuation... and Tether is now a defacto arm of the US treasury. It's not just China.

There's ~180 fiat currencies today, all propped up at least in part by a globalist command and control system that's being overthrown by the sovereigns themselves. China and the US are actually on the same side in this in a way.

Collateralization serves as a firewall for the sovereign as these 180 or so currencies collapse down into just a handful. Even then there's no reason for multiple fiats to exist and the dollar is the default fiat, the inevitable end-state is the final boss pair of BTCUSD... China can't stop that, but what it can do is avoid going broke in the process by collateralizing ahead of it.

Congrats, a similar epiphany changed my course 7-8 years ago, highly recommended.

Naval was a big nudge factor, he has a way of making things pretty succint:

Yea I don't think the dollar when people say fiat. I immediately go back to diluting gold coins with other metals... been a problem since at least Roman times... likely longer.

I'd disagree and say fiat is much easier to circumvent, you don't have to hold it, you can always adopt a different unit for your own personal balance sheet/earnings statement. People with a clue have done this with gold and lands throughout history, regardless of the prevailing currency. The only tool necessary to circumvent it is knowledge, which between the speed of information today and Bitcoin having less negative trade-offs than gold is why fiat is party is already over in my view.

I think it's incumbent to say if you'd get rid of something you propose an alternative and can defend that alternative as workable. I like to think I'm fairly creative and well-studied in history, but I still couldn't articulate anything other than perhaps post-scarcity that makes better trade-offs than a minimalist tax regime.

Hard to come up with a decision framework because both are emergent and closely related, fiat is a type of tax.

Arguably fiat distorts the economy more in practice, but not inherently.

I'd also argue fiat is already gone in the material sense, the party is over we're just cleaning up the mess and the economy is nursing a hangover.

Taxes are whackamole, not sure anyone would prefer reversion to the inevitable alternative of serfdom/feudalism. History has proven that scarcity forces trade-offs and we get the trade-offs we deserve.

I scalped NAKA from $10 to $15 then re-bought at $4 with just the profits... would be content to run at $5 to start some xmas shopping.

They shitcanned my application for being "too thin" when I applied, which is hilarious because Nostr wouldn't exist if not for ShockWallet and NWC if not for Lightning.Pub

It looks like that device comes factory with a SD card storage, adding the NVME drive is more complicated than just installing the hardware since there's the disk/partition management to do in the OS... which appliance OS's like S9/Umbrel actually make more complicated vs a normal linux install.

Entirely possible you sync'd to the SD card as a result and filled it so the OS won't finish booting. If you try again, I'd remove the factory SD card to ensure you can't accidentally install anything to it.

I also noticed with S9 that pruning doesn't seem to work right, syncing never finishes. Don't use pruning since you got 2TB.

Otherwise, that hardware should be perfectly fine for a full node, it just might take a month of sundays to sync given the low power chip. I wouldn't run anything beyond Bitcoin+LND on it though, no extra apps.

Since you're leaning on AI for some of the basics you'll likely be better off installing regular Ubuntu and using the command line. Start9/Umbrel are great if you want something low-touch out of the box, but a regular Linux is less opaque for tinkering/troubleshooting.

Talking my own book, run Lightning.Pub on regular ubuntu, it's a one-line install, makes it trivial to connect ShockWallet over nostr. We don't have multisig vaults in it yet you might have been looking for re: sparrow, but hope to soon :tm:

The new bip makes all the more sense if this is true, shifts the Overton window that there's a legal/moral obligation to use utreexo.