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21 sats \ 0 replies \ @office 16 Jul \ parent \ on: Is Bitcoin solo mining “staying humble”? Or should BitAxes pool mine instead? AskSN
I don't know. And yes, cringe af.
Ever heard of Parasite Pool? https://parasite.space/
Instead of skimming a fee or paying every worker a tiny slice of each block, it sets aside 1 BTC for the miner who actually finds the block, then divides the rest of the block subsidy + fees among everyone else, all settled instantly over Lightning, and it charges zero pool fees for the privilege
I know it is stupid, but to get people interested in Bitcoin, you have to tell them that they should not look into it! They need to avoid Bitcoin at all costs!
I wish it was otherwise, but I don't make the rules.
80% of the time it works all the time. Reverse psychology is a bitch.
When it comes to introducing others to Bitcoin, I switched my approach a few month ago, as a conventional approach often falls flat. Telling someone they should learn more about it can come across as pushy, leading to defensiveness and a lack of interest. However, using reverse psychology can be a more effective way to get their engagement.
By saying something like "you probably wouldn't understand Bitcoin anyway" or "don't learn about Bitcoin" or "I don't think you would find it interesting" you're more likely to spark their curiosity. This approach works because people are naturally drawn to things they're told they can't or shouldn't do. It really is a phenomenon that plays on human psychology, where being forbidden or discouraged from something can actually make it more appealing.
At first I thought this would not really work, but I was surprised about the effect. You really have to try to make a straight face and keep sentences short and to the point.
I wish it was otherwise but 90 percent of the time, it works all the time ; -)
(at least way better than telling them all the benefits of Bitcoin - and they need to do their own POW afterwards!)
Mnemonic:
abandon abandon abandon abandon abandon abandon abandon abandon abandon abandon abandon about
For
m/84'/0'/0'/0
:zpub6rFR7y4Q2AijBEqTUquhVz398htDFrtymD9xYYfG1m4wAcvPhXNfE3EfH1r1ADqtfSdVCToUG868RvUUkgDKf31mGDtKsAYz2oz2AGutZYs
I dunno if it helps but there is BIP 46: Address Scheme for Timelocked Fidelity Bonds. Does it address your question or provide the information you were looking for?
GENESIS