I still don’t know what to make of Powell, presuming the whole thing is not a big act.

However I am confident that whoever replaces him will opt to reduce interest rates at the next scheduled opportunity. This will be good for Bitcoin I’m told, but what isn’t.

What I am curious about is will an interest rate drop be good for the US, and how will it ripple out across the globe?

I’m at the point where I understand it but cannot articulate it. Which naturally, I’ll try now. My subconscious is much smarter than my conscious mind when it comes to economic and sociological stuff, however my understanding, which may be retarded, is that when a credit based monetary system meets a commodity based monetary system, it’s not a big boom head-on crash, instead one slowly bleeds into the other, resulting in a slow deflation of prices, which is in theory good.

For my part I believe this is inevitable. However governments will need to react to this and it is quite hard to predict how that will play out. Their debts are insanely big, mostly driven by their local banks excessive lending, and the bleeding effect would ideally be a slow and peaceful deflation of prices and ideally keep people that have mortgages paying the same monthly repayments, or even paying it down more quickly.

Imo the most interesting thing about this whole thing is transitioning from credit theory of money world to a commodity theory of money system, it’s going to reshape the world. It will not make financial sense to lend money for the sake of interest, the amount borrowed will grow in value thus making the original borrowed amount easier to repay. This is entirely contrary to the system represented by central banking so expect their full force to come down once they realise bitcoin is more than an investment asset.

With that said, it’s already too late.

4859 sats in Australia 'Medium' Big Mac meal is 8065 sats.

edit: that Happy Bar and Grill (great name) burger looks very hell yeh brother. Definitely getting that down me if I'm ever in Bulgaria.

Yeh good times although 3 hours is quite a session. That’s an eighth of the whole day my man.

Open karaoke is not so common in most parts of the world, to the best of my knowledge. In most parts and especially Asia, karaoke means getting a few friends and/or colleagues together and you all squeeze into a small room with a big tv, karaoke machine, massive song book and two microphones. And so you sit in this small room where only your friends can hear you butcher classic after classic, ordering beers and snacks for approximately two hours. I am not a big karaoke guy but I have some very strong memories from those karaoke places, mostly in Korea and Japan. Good times. I’ve also done open karaoke but that is a lot less fun and arguably downright unpleasant especially if your singing voice is terrible, like mine.

Can you please provide the quote or link to it? I am keen to see.

Quick possibly dumb question but will the same model provide the same output to the exact same prompt every single time?

I love so many of Michael Crichton’s books, if you want to destroy a twelve hour flight a great start is grabbing one of his fast moving action thrillers such as JP.

With that said my favourite of them has never as far as a know been turned into a movie, and that one is Airframe. Highly recommend.

Great material for mis quoting though.

“…bitcoin supremacy…” “…where bitcoin replaces the dollar as the global financial lingua franca…”

I don’t get it, seems totally unnecessary to me? Sats has been working just fine.

Furthermore the abstract says the goal is to ‘reduce confusion’ and yet it’s suggesting to achieve that we go to a world where I’m explaining to the uninitiated ‘oh yeh that is a bit confusing, but once you understand that 1 bitcoin is comprised of 100,000,000 bitcoins it will all become much clearer’.

As I said I don’t get it, seems like a really stupid thing to want to change, but maybe I am missing something.

Is this your post @k00b?

If so a shame about the timing, the monthly Sydney Bitcoin Meetup was just last night.

If you are in Sydney for a stretch of time please let me know if you want to hang out, I’m always happy to give someone a walking tour of central Sydney, pointing out things of interest, good food, cool bars and pubs, and of course my specialty, pointing out the many Matrix filming locations in the CBD.

Yes, I come from a country where beer and rugby are core to the nations culture so until a few more boomer shed their coils, not drinking is the option that raises eye brows.

With that said and with the benefit of distance and the perspective it brings I can see that the level or drinking normalised in my home country is truly unhealthy. As I have gotten older and specifically over the last ten years I have cut back more and more, where I used to go through 3 litres of beer a night I now go through 0.7.

And there will be multiple alcohol free nights a week these days which once upon a time would have been viewed as heresy. Funnily enough thanks to spending too much time with a bad influence I can drink more then ever these days, although I am much slower and more moderated in my drinking as a result of that ‘training’.

I’m also more particular these days, I like my beer and have almost entirely given up on wine and spirits such as scotch which I used to love involving in all the sophisticated celebrations fine dining entailed with aperitifs and digestives etc. now I just want one or two of my favourite craft beer and I am happy with that.

Once a week I like to go out with a friend and ‘tie one on’ but these days that involves a lot less total volume consumed than the old days, home before midnight and a very mild hangover. I really fucking hate hangovers these days, my body cannot bounce back like it used to so I rarely drink to the point of having a bad hangover, once a year, maybe never. I’ve also come to believe that beer is pretty damn healthy for you, especially if free of preservatives.

I have my wife to thank for reining in my drinking, I am much happier drinking less but I fought her every step. I am pleased to see the kids today don’t drink anywhere nearly as much as we did but in my home county it’s going to take time, the drinking culture is deeply ingrained and there is little encouragement around excelling at academics, STEM etc. and much stronger emphasis on manly ball sports and drinking beer. On the contrary, if you excel academically and don’t like drinking, people will have it out for you nerd, we don’t like that type of behaviour round these parts.

Yeh this one, keen eye on this initiative.

ah I see! well, in that case imo no the guide is out of date, but tbh Nostr is very easy to get started with, just download Damus and create an account. Then, try to find Jack Dorsey. Look into his profile until you find the list of people he follows. Lastly, follow all the people you recognise. That's it, you're now on Nostr. Advanced topics include backing up your npub+nsec, connecting a lightning wallet using NWC, and zapping people.

As a fairly recent Nostrich, or whatever, I just had a quick scan through of your post from 2022. I can't comment on all of the individual links, some of those look interesting and I will check them out.

What jumped out at me was the mention of Clubhouse, I am not sure if that is still a thing in some parts of the world e.g. the US but where I live it is simply not a thing, it barely was during Corona times, it's definitely not a thing now. With that said, I came from a very technologically backwards part of the world, it's a 'first world' country but the people are simple, humble folk. Well, definitely simple, with modest technical needs.

The other thing I noticed is that there is no mention in your guide of Primal, unless I missed it? I use Damus more currently, although that may change, but I get the impression that Primal is the most popular Nostr client in 2025, and the if it is not mentioned in your guide it would suggest that your guide needs an update.

Nostr and Stack News are now my favorite places to visit, swiftly replacing X and Reddit in the first instance. Now if only I could get either Damus or Primal to connect to my Alby set up, I'd be so happy.

My mind is pretty much cabbage at this point and I can’t start or finish anything these days be it article, book, movie, or tv show, once upon a time I would watch anything and everything!

Anyway, Andor is the best thing I have seen in a very long time. A very long time. Excellent show, excellent content all around. I consider it a ‘classic British production’, the kind they don’t make any more. As the third episode wrapped up I early remember thinking ‘hold on, is this show amazing?! This is so good’. It had been so long since I’d enjoyed something so much, and then the next 6 episodes are just incredible. It has literally ruined everything else for me. Waiting one more week before starting on season 2…

thank you! permissionless?! is A16Z a strain of weed?! but seriously I might look into that to understand quite how they are defining permisionless in this instance.

As far as blockchain in 2025 goes there are only two stories, Bitcoin and USDT. I’m suprised at how interesting I find the topic, but in many ways it’s a proxy for ‘what is the future of the US’.

A recent episode of Tom Luongo’s podcast featuring Caitlin Long was quite interesting and towards the end they discuss Tether. Some interesting comments from both of them particularly Caitlin. And Toms Eurocentric conspiracy theory is pretty interesting.

What is the gist of the medium piece you posted? My three year old would not let me read it.

yes I believe you have it right wrt tether soaking up a lot of UST demand. Tether is a beast, if you have Fountain FM app you might enjoy the recent Gold Goats 'n Guns interview with Caitlin Long, well maybe not that's pretty subjective, but in any case towards the end they discuss Tether is a business entity and its pretty interesting.

Try out the aqua wallet too, it is btc and usdt exclusively iirc.

That you for the quick and comprehensive reply! Based on what I know I believe I like Braiins, I just tried to get a bit axe but it did not work out. I will get one of these instead, it is meant to be. I will be able to give some of the proceeds to my favourite charity, the Fred Hollows foundation 👍

Is this an alternative to a Bitaxe?