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@kepford
stacking since: #136580longest cowboy streak: 314npub1qqqq9...szns49hq0q
21 sats \ 0 replies \ @kepford 19 Dec \ on: Bitcoin vs the World: how big is btc's network compared to other large networks? bitcoin
Love stuff like this.
The US government is on the brink of a shutdown
Is it that time of year again when we are supposed to get all worked up about this show? Time flies.
Oh how I wish what they say was true.
I know what you mean about them being loud. I mean they are nothing, nothing compared to an S9 but you can replace the fan with a quieter one.
I had thought I would keep mine in the office but ended up putting it in my server rack.
100%. These things aren't perfect at a smaller scale but they would be far better. You can see many of the same issues in large companies vs small ones.
When will the lunacy end
You asked :)
Politicians work under an incentive structure that rewards promising things they cannot deliver. Even things that are not possible. Their only accountability is the voters and donars. The donars get what they want and the voters usually are to uninformed or dumb to realize what is going on. When they do realize it the other team is so demonized they either stick with their team or just don't vote.
The longer I look at democracy and the modern state the more absurd it appears to me. It's not that the men are bad or the government in power is bad. It's the whole incentive structure. There are almost no negative consequences pushing against this nonsense.
I have heard it said that the default view of political figures should be that of the tobacco executives. Today I think it should be the view of the medical insurance CEOs. The default view. There are exceptions but they are rare and work in spite of the system.
The solution is freedom and voluntary interaction. Removing the monopoly state. Remove the monopoly on violence. It would not be a utopia but IMO the incentives would be better.
I saw the title and thought this was in reference to the Saylor interview. They tried that FUD and he knocked it down.
I'm honestly not trying to white knight for Dorsey, he doesn't need my help. He's doing alright lol. Just get tired of this story getting missed. Much context is missing.
I've found over the years we to often focus on the men instead of the incentives. Incentive structures will almost always win and do what the incentives lead toward. Not to excuse man. But in my view man is weak and its just an easy whipping boy to point to the man instead of the system. You replace the man and you haven't solved the problem.
Twitter was a public company as well and I was an early user before it went public. Going public was a big factor in many of the issues. Dorsey has been very vocal about the mistakes. I feel like he gets a bum rap for it and is doing penance with his work with Nostr.
I took a quick look at Bluecry page the other day. Looks interesting but the talk about reporting "abuse" intrigued me as I wonder how they handle it without centralizing.
I am setting up a lightning node for personal use, the primary need is being able to custody my own hot-ish wallet sats and access them from my phone.
One note, and someone please correct me if I'm wrong. StartOS one real downside is remote access from what I have seen. Umbrel makes it VERY easy to set up Tailscale and remotely access your node via VPN using the Zeus wallet app.
I mention this because you point out using your phone and I'm still trying to figure out a good mobile access besides Tor for StartOS.
The analogy is so close but so far off.
Bitcoin is new. Imagine a new element was discovered and humanity was still trying to figure out what the heck to do with it. There were a few that got it. They would try to get as much as they could. The price of this asset would drastically shift as understanding changed. As greed came into play many scams would crop up. Slowly people would learn its true value and over time its value (collective) would increase and volatility would decrease. People would get it wrong and do stupid stuff. The market price would drop. Others would get it and make bold moves. The price would rise.
This is playing out before our eyes.