Ov1, a Taoist Bitcoiner on Nostr: These ideas apply to our Bitcoin operations as well. On chain publicly viewable ...
These ideas apply to our Bitcoin operations as well. On chain publicly viewable internationally distributed transactions on one pole and off chain privately validated locally custodied balancing of accounts on the other. Security, decentralization, and privacy are never absolute, merely good enough. Perfection is the enemy of progress, extremes at either pole become impractical, balancing polarized sides of any coin is done by residing on the 3rd side of the coin, the edge. Riding this edge over time requires situational awareness, discipline, and focus to maintain a dynamic balance.
This is how we manage risk, in all realms, the physical where we live, contractual where we coordinate, digital where we communicate, and the virtual where we transact with our peers. Part of this balancing act is knowing who YOU are and where you are in order to know who your true peers are and what attack vectors create risk. ONLY then can confidence, not certainty, be captured, as we follow the Tao of Bitcoin.
Part of this balancing act is realizing that these polarities are fractal, scaling both up and down. For instance, eCash becomes the centralized point of interaction within the decentralized LN network, which is itself the more centralized version of Bitcoin. While, Bitcoin itself is pure potential, in the form of purchasing power, that only "realizes" that potential when turned into realized assets that support our life by spending it.
Remember, tomorrow is a fiction, we live today, but must balance today's consumption with tomorrow's productive capacity. You can't eat your satoshis, they won't keep you dry in a storm, and your self-custodied hardware running your self-hosted software requires shelter to protect in the real world.
Sovereignty over ALL our daily basic needs is the goal, over as much of our supply chain verticals as possible. Freedom is NOT having nothing left to lose. Freedom is having no-thing that can be taken from you, which requires ownership of the ideas, the knowledge required to support and cultivate our physical lives, to be manifested into form as needed. Thieves may seize my house, but they cannot steal the knowledge, skills, and satoshis I used to manifest it into form. My intellectual, experiential, and financial capital is beyond reach of those willing to use violence in an attempt to place my capital under siege.
Soon, I'll be sharing the knowledge, skills, and resources I've used to build my own self funded sovereign shelters using local materials and basic construction skills. Decentralized solutions for providing shelter for ourselves, our families, and our businesses are coming soon.
Published at
2024-09-26 18:33:15Event JSON
{
"id": "98993338b9cde4347a0dc94dd8e2796b99d75a8c451a9d09a675ad74dddd066b",
"pubkey": "0028f12f8359ab382b89575ab568380ef22afb832b61aed52eef4d4e532c1c67",
"created_at": 1727375595,
"kind": 1,
"tags": [],
"content": "These ideas apply to our Bitcoin operations as well. On chain publicly viewable internationally distributed transactions on one pole and off chain privately validated locally custodied balancing of accounts on the other. Security, decentralization, and privacy are never absolute, merely good enough. Perfection is the enemy of progress, extremes at either pole become impractical, balancing polarized sides of any coin is done by residing on the 3rd side of the coin, the edge. Riding this edge over time requires situational awareness, discipline, and focus to maintain a dynamic balance. \n\nThis is how we manage risk, in all realms, the physical where we live, contractual where we coordinate, digital where we communicate, and the virtual where we transact with our peers. Part of this balancing act is knowing who YOU are and where you are in order to know who your true peers are and what attack vectors create risk. ONLY then can confidence, not certainty, be captured, as we follow the Tao of Bitcoin. \n\nPart of this balancing act is realizing that these polarities are fractal, scaling both up and down. For instance, eCash becomes the centralized point of interaction within the decentralized LN network, which is itself the more centralized version of Bitcoin. While, Bitcoin itself is pure potential, in the form of purchasing power, that only \"realizes\" that potential when turned into realized assets that support our life by spending it. \n\nRemember, tomorrow is a fiction, we live today, but must balance today's consumption with tomorrow's productive capacity. You can't eat your satoshis, they won't keep you dry in a storm, and your self-custodied hardware running your self-hosted software requires shelter to protect in the real world. \n\nSovereignty over ALL our daily basic needs is the goal, over as much of our supply chain verticals as possible. Freedom is NOT having nothing left to lose. Freedom is having no-thing that can be taken from you, which requires ownership of the ideas, the knowledge required to support and cultivate our physical lives, to be manifested into form as needed. Thieves may seize my house, but they cannot steal the knowledge, skills, and satoshis I used to manifest it into form. My intellectual, experiential, and financial capital is beyond reach of those willing to use violence in an attempt to place my capital under siege. \n\nSoon, I'll be sharing the knowledge, skills, and resources I've used to build my own self funded sovereign shelters using local materials and basic construction skills. Decentralized solutions for providing shelter for ourselves, our families, and our businesses are coming soon.",
"sig": "cd14b70aeb53fc65ed5a9829af655ca3cb0c154794889dc198c934fa67cec5816d7f947f1701c5fb7e528fb55592a10dc36f902a83fcafd807a6cb5e9a65824a"
}