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103 sats \ 4 replies \ @timechain 24 Nov 2023 \ on: WoS: "To our valued Wallet of Satoshi community in the United States of America" bitcoin
It was always going to happen. I assumed they were going to shotgun KYC first or something like that though. I wonder what changed to make this happen. I think technically all custodial wallets aren't allowed unless they are qualified custodians or something.... looks at SN balance in corner
Izabella Kaminska from Politico Europe once said "So, the point of Worldcoin is to help humans figure out who is human or not by handing the maker of the AI that might decide to go rogue against humans all the data it needs to better target humans rather than rival AIs on the internet." I thought that was pretty well said.
Also, a "Sam Coin" structure.
I stick with Bitcoin, but Worldcoin will prove to be far worse than most of the other coins I stay away from.
I've really only seen this https://nvk.org/bitcoin-ham-radio which is just sending PSBTs over amateur (HAM) radio which can be used to send transactions from an area with no internet (or just heavily censored internet) to an area with internet for broadcast to the Bitcoin network.
There's never no internet everywhere. Bitcoin is distributed, you just have to transmit it to wherever internet is still running. But if internet is out EVERYWHERE, what the hell happened? Did any humans survive?
Note: I also wanted to recommend as far as resources on this subject NVK (Coldcard, maker of Opendime, Satscard, etc.) with a couple of lectures on how to send Bitcoin transactions over amateur (HAM) radio. https://nvk.org/bitcoin-ham-radio
I've noticed different things for different drugs.
After enough years of crack use, people seem to have body/facial ticks. It's a drug where you spend most time not high, but in withdrawal, and I think they end up being poisoned by cortisol, a stress hormone.
If someone in recovery gets caught stealing something from a store, it usually means they've relapsed, but ex-meth users... not necessarily. The dopamine swings associated with use are the highest, so it sometimes results in them gravitating towards replacement activities; breaking the law, sex addiction, speeding, skydiving, possibly even behavior that looks very similar to the impulse control issues seen in bipolar people.
Heroin users have among the highest risk of relapse and death but if they do get over it, their brains seem to be decently well intact. (Unless they had brain damage from an overdose.) However, their bodies might not be too good from IV use, possible liver or kidney problems, hep c, is very common. Obviously recognizable if wearing short sleeve shirts.
He said he's "devoting his life" to building on Bitcoin and the Lightning Network. So that's pretty big from a guy like him (ex-PayPal and Facebook's Libra/Diem). He's totally a suit, and his rhetoric sounds like corporate version of Jack Mallers, but, the solutions for businesses that Lightspark does are technically noncustodial. And for the love of God, we need to encourage that.
Note, not an endorsement I do not have any inscriptions, just observations of impact on network.
It could be helpful. While jpegs get all the attention, truth is text-based inscriptions are actually the things reeking havoc, with being over 90 percent of inscriptions, not being prunable unlike jpegs and occupying the same space in the block as monetary transactions instead of staying out of the way like jpegs. He gets alot of the hate, but the fee spike was s result of brc20s, someone else invention, and something he's spoken out against alot. He knows inscriboors won't ever do less annoying alternatives like Liquid or Taproot Assets, they like the onchainness. But this is harm reduction. It uses op returns. Only thing... is they're too big. They can still get picked up by miners, but it breaks standardness rules. But may be worth it to stop the plight that is BRC-20s, the OVERWHELMING bulk of inscriptions.
Satoshi wanted the chain to decide ownership of coins. But, in v1.0.13, BSV introduced DARA (Digital Asset Recovery Alert) which introduced the ability to confiscate coins through court order. This makes their blockchain not an immutable ledger, but the ownership of coins decided by judges in various jurisdictions. In certain jurisdictions, women have limited abilities to own property. In others, certain religious or ethnic groups may have such limits. BTC has been helpful in these situations. Digital money that complies with the laws of government is not an innovation. of course, since blockchains are blind, someone must "tell" the blockchain what the judge decides, it leaves the opportunity for "someone" (I wonder who) to be able to adjust the ownership of coins for ANYONE on this cursed chain. Nobody's BSV holdings are safe from confiscation, and it's yet another reason that exchanges had to delist the coin. But the biggest reason I think they had to add this feature is that Craig was suing some Bitcoin developers to attempt to get them to confiscate some Bitcoin he says was stolen from him. Can't sue to confiscate if you don't confiscate yourself.
Don't like this. I know it's on Ethereum. But don't like this. The main reason they are going after them is for sanctions reasons. Could just as easily happen to a Bitcoin solution.
I'm actually optimistic about innovations in the marketplaces in Nostr that combine the same stuff that worked in dark-net markets (or peer to peer exchanges like localbitcoins) (reputation scores), which can be applied to helping the girls stay safer. Also, maybe it could cut out the pimps (who take crazy cuts) which are generally either abusive psuedo-boyfriends or criminal drug dealers or both. All of this is for sex workers who are prostitutes. If we are talking sex workers who are online performers, then they are content creators and yes. Because of v4v Bitcoin fixes that too. Both Pornhub AND Only fans takes WAY too much. But Egirls are something guys will actually figure out how to move some money from $ to sats in their cashapp over to tip them. Once Pornhub decided to accept crypto. They chose Verge for gods sakes. Wtf.
Reminds me of Hal Finney, who wrote code for a Bitcoin wallet over a decade ago using one of those. https://www.reddit.com/r/Bitcoin/comments/87myor/hal_finney_while_paralyzed_by_als_wrote_code_for/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=2
Yeah, people think Lightning is private. Back when Cashu (the ecash implementation) was coming out, people were like... "But Lightning is already private?" And of course the Lightning they are probably using is custodial, so it's doxxed to the wallet... Of course, a thing about Lightning is it needs an "active surveiller", and there is no "forever record" so I think its kind of different than the onchain data that you can get arrested 5 years later for, its somone routing/surveilling you NOW that's how they get ya on Lightning. (Which is a thing, chainanalytics company Chainanalysis DOES surveillance, and the only way to do this IS to be a participant; a router.) I will say the rise of Mutiny is a very good sign. Those guys who ended up making Mutiny (along with Evan from Zeus) put out a website/research piece called lightningprivacy.com which got the ball rolling with people thinking about this stuff. But there is some wiggle-room as Lightning CAN be more private than it currently is. So far, wallets have optimized for reliability (actually working). In the future, once we have that more under control, we can have payments take paths that optimize for privacy, which is something i heard Mutiny hopes to do.
Okay, so I've heard people say that you shouldn't open channels with people that you don't trust. (Now whether that means Lightning is actually trustless... Is another story.) (And if this is the case (that Alice and Bob are friends)) Couldn't he just wait for Alice to come back online and continue transacting?
I heard something interesting, so I figured I'd come back here to tell you.
This month from the 22nd to the 24th I think there's a summit in S. Africa for BRICS nations (and possibly aspiring new nations). Anyway, they went out of their way to say they will not be discussing any new currency.
I don't know, they seem almost too desperate to tell us there's no currency, lol. Almost makes me think there is one now.
Yep. I mean all politician worship, but yeah. Bukele recently gave Binance the only non-provincial Digital Assets License, which is a slightly higher one than Bitfinex's. No mention from Max and Stacy who have had some things to say about CZ in the past.
Even RFK is SUPER anti-nuclear.
Yesterday people were already simping for this guy (Javier Milei) from Argentina who also backed a crypto ponzi a couple years back. (Source:https://www.thestreet.com/cryptocurrency/argentina-pro-bitcoin-candidate-javier-milei)
If a politician just MENTIONS Bitcoin, it's amazing how many people buy it.
Just pressed play on the episode.
I love this site, so of course, I appreciate Siggy's posts.
My favorite post of his is about Lou Perry Barlow, a lyricist of the Grateful Dead, early member of the cypherpunk movement and co-founder of the EFF (Electronic Frontier Foundation), a digital rights group.
#189754
Here's a reason you might not hear NDB talked about. Its old news. Believe it or not. BRICS and NDB were formed in 2014-15. Weird right? NDB was called the BRICS Development Bank. I have a link a the bottom to a Un-paywalled Washington post article titled "What the New Bank of BRICS is All About" 7/17/2014.
One of those things. I wasn't really down the rabbit hole yet, so it wouldn't have been on my radar. I was partying then.
I don't think there is an overlap of mandate. NDB is largely investments in countries outside of BRICS nations (to (ideally) benefit BRICS nations) The common currency would be to help facilitate trade for inter-BRICS country transactions. (Otherwise they would have to use one of eachother's currencies and people have expressed that nobody trusts eachother's currency enough, as they keep things less open than the US.)
Also, btw, I am assuming the common currency (whenever it happens, IF it happens) is at the central bank level. I am assuming the countries don't want to give up the sweet, sweet, mistress of seigniorage. I haven't heard anything otherwise.
Though, i guess there are ways to do it where economically stronger nations try to keep that, (the Euro tried to do this) though, i feel the Euro was a cautionary tale, with the average Netherlands citizen contributing €284 per capita and the average Lithuanian taking €578 per capita. (As of 2018) (Or Luxembourg at €2,710 per capita due to all the institutions within its borders.) https://www.visualcapitalist.com/which-countries-are-the-biggest-boost-or-drag-on-the-eu-budget/
Anyway, what I'm try to say is that it's really hard to have multiple countries with multiple standards of wealth come in and not get upset about one country 'carrying the load' and one country 'weighing them down' . Better keep it as a Central Bank level thing. Not a Citizen-level money.
Here's a description of what they (NDB) are in their own words: "The New Development Bank (NDB) is a multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) with the purpose of mobilising resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs)."
(The currency, I did hear mentioned a month ago. Then more recently that it wasn't happening any time soon.)
My sources for NBD was Wikipedia BRICS article (lol.) And their official site.
Official Site: https://www.ndb.int
BRICS Wikipedia: https://en.m.wikipedia.org/wiki/BRICS
Here's an article from the Washington Post I Un-paywalled about it in 2014: http://web.archive.org/web/20230509021522/https://www.washingtonpost.com/news/monkey-cage/wp/2014/07/17/what-the-new-bank-of-brics-is-all-about/