Kanzan

Self sovereign, off grid power, local food.
Yoga. Meditation. Discipline.

People improve through making mistakes.
Free people make their mistakes faster.

Nostrich since 761114.

Public Key

npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa

NIP-05 Address

hanshan@nostrplebs.com

NIP-57 Address

kanzan@rizful.com

Profile Code

nprofile1qqs0npwnpyvheqz7zuvuwvv9k460c0hyqlturds40hhfn34vufvehwc4juq47

Author Public Key

npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa

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Last Notes

2025-05-21 22:13:02

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the fear of "specialized CPUs" isn't really legit IMO
RandomX leverages CPU infrastructure to generate random *general purpose* programs. In order to make a RandomX ASIC you essentially have to build a better CPU.
How many trillions of dollars are already invested in building a better CPU? CPUs are essentially the crowning technological achievement of humans.
not saying that hardware optimization is completely impossible with enough incentive. only that its on the scale of something like putting together a moon base or Mars mission.
also
the point of making hash available via off-the-shelf hardware is so that, when adopted, there is enough *distributed hash* protecting the money that a centralized actor CANNOT execute a 51%.

2025-05-21 01:25:34

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In the other thread I saw people complaining about anon set, amount correlation and metadata.
nothing about cashus cryptographic assurances.
and amount correlation isnt a problem on monero since it uses ringCT.
OTOH, monero is a blockchain so it's possible to use heuristics to analyze txs, whereas ecash is perfectly hiding (FCMP fixes this)
cashu's problematic because of its trust assumptions, not because its technically suspicious.

2025-05-21 01:18:32

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just send @nprofile…pd0l some sats and make them your default

2025-05-20 20:56:12

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I missed the part where anybody said it was less secure cryptographically.
https://i.nostr.build/DcFuYUUqN6cEXXXE.jpg

2025-05-20 18:40:20

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GFY

2025-05-20 16:40:53

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yeah its true 😕
somebody needs to make some nice educational materials

2025-05-20 16:03:10

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yeah that describes my shopping too
although I've cut out coffee and milk 💀
experimenting with resistant starchs lately too
but this morning was a pound of bacon and eggs 👍

2025-05-20 15:54:16

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highly recommend Erik Townsends series on energy transition
he's a big fan of small modular reactors
https://www.youtube.com/playlist?list=PLM-QUovSbzAKDYhtmXKxkPEsptPWHngg1

2025-05-20 15:34:14

so maybe in ten years or so
people wont think that guaranteeing supply with Zero Knowledge Proofs is some crazy trust assumption...
default transparency is a necessary baby step, not the final word on digital cash.
#bitcoin
#monero
#nevent1q…v7ls

2025-05-20 15:29:42

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what, do you have the inside track on a shitton of pork? 😂

2025-05-20 15:09:36

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what the fuck... 😯

2025-05-20 14:55:10

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its great short-term for changing habits or if you need a new perspective on things

2025-05-20 14:39:48

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無

2025-05-20 13:18:41

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the *real pivotal split in the community

2025-05-20 13:11:38

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probably fine

2025-05-19 18:29:53

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He shows up on Macrovoices regularly
https://macrovoices.podbean.com/e/macrovoices-479-anas-alhajji-what-do-saudi-arabia-allies-in-opec-want-from-accelerating-the-unwinding-of-voluntary-cuts/

2025-05-19 00:22:01

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very few people are willing to let go of their fundamental assumptions

2025-05-18 23:28:35

these are awesome cups.
they say they accept Monero also 👀👀👀
#nevent1q…jqjq

2025-05-18 20:07:19

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and lets not forget his Greatest Hits of Technical Illiteracy
"Ring signatures cause supply inflation!"
i dont think hes actually a glowie,
but he sure notes like one.

2025-05-17 23:40:40

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yeah there's still some real county folk out that way

2025-05-17 18:51:07

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jokes on you
Bitcoin is digital real estate.

2025-05-17 18:47:16

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earnestness is a seriously underrated virtue 👍

2025-05-17 18:30:56

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getting a 404 on that link homie

2025-05-17 18:30:36

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I'm the bad guy?

2025-05-17 17:11:01

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bills that are marked (or have their serial numbers listed and checked ) are not fungible.
banks generally dont check the serial numbers when you make a deposit so most cash remains fungible.
units of gold are readily interchangeable afaik.
units of #monero can be distinguished in certain circumstances. there was the MOrdinals thing for a second, those were nonfungible. if wallet data is available to The Adversary it can effect fungibility.
so like cash or gold, in certain situations certain units of monero can lose their fungibility.
on #Bitcoin everything is wide open and anyone can see tx flows. units of equal value are readily distinguished from each other.
therefore not fungible.
except in situations like Whirlpool, where the set of those utxos are *fungible with each other* but are NOT fungible with other nonWhirlpool utxos.

2025-05-17 16:34:20

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like I said, whether its actively being censored by miners or not doesn't make it fungible or not.
its whether you CAN differentiate between units or not that makes it fungible.
so according to your example, those bills are not fungibile.
like a cop drama with the invisible ink that marks the stolen money or whatever. those bills lose their fungible quality.
*it doesn't matter whether the counterparty accepts them or not*
they can be identified as different than another bill of the same denomination.
therefore not fungibile.
unfortunately ALL Bitcoin utxos have tracked serial numbers.

2025-05-17 16:06:54

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hang about, the conversation was about fungibility.
whether it's accepted or not on a CEX is just an indicator of its fungibility (or lack thereof). thats the only reason it came up.
i agree about the mining and censorship resistance and am excited to see how it plays out.
but the point was that they can selectively decide WHAT txs to attempt to censor because Bitcoin isn't fungible.
whereas with Monero the only option is to delist the whole thing (because its fungible and selective censorship isnt possible)

2025-05-17 15:45:45

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whatever prospect a utxo has in the mempool doesn't have anything to do with its fungibility.
if somebody can differentiate between units it is not fungibile.
its very simple.

2025-05-17 15:30:54

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that's not an argument for bitcoins fungibility. its just "well maybe with enough examination a monero tx isn't fungible either"
which is true and is why monero still iterates to improve the protocol.
beyond Mara mining OFAC-compliant blocks for a sec I'm not aware of any specific mining level censorship. why?

2025-05-17 15:17:14

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theyre not fungibile because their different histories are known

2025-05-17 15:16:27

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because they dont reject the monero because they can differentiate between moneroj
they refuse it because they CANT differentiate
ie, they refuse it because it is fungibile and cant do chainanalysis on it

2025-05-17 12:17:26

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utxos with different histories are nonfungible
a transparent ledger doesn't only transmit value
it also de facto transmits reputation

2025-05-16 20:29:35

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a pirates life for Derek

2025-05-16 19:43:42

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lol
thanks for the encouragement.
its just that maxis are erring on the other side of the inflation/deflation spectrum than MMT guys
but writing a paper would help me get my thoughts in order, which is usually most of the reason people write them... 🤔

2025-05-16 19:38:10

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listened to a pod today that said China's fertility rate has dropped 50% in the last 10 years
that's insane

2025-05-16 14:57:38

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are people really not having enough kids in the west?
I know Japans situation but I'm not current on worldwide fertility rate.

2025-05-16 13:19:31

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exactly
this is a great example
in a deflationary economy
the 20000 sat transaction for food still happens
but the 5400000000 sat purchase for a home is deferred

2025-05-16 01:43:05

there is little that is more satisfying than properly caring for another being https://i.nostr.build/Xh4XJqimHUBt8OZd.jpg
#flowerstr
#homesteading

2025-05-16 01:37:14

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its really not in the best interest of human flourishing

2025-05-16 01:34:10

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what are they? 👀

2025-05-16 01:27:23

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#nevent1q…j64t

2025-05-16 01:26:47

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#nevent1q…j64t

2025-05-16 01:24:58

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well fucknhell man
fees AND proof of reserves

2025-05-16 01:23:38

"deflationary conditions don't disincentivize spending"
🤡
#nevent1q…29hc

2025-05-16 01:22:43

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yeah
although it *could end up in a sweet spot where *some one is still using the main chain for *some reason
(why would you do this if L2 is cheap and easy?)
judged in this light it doesn't make a lot of sense.
design flaw.

2025-05-15 15:28:56

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"some rando on the internet cant find my Bitcoin"
isnt a mic drop
it just means you dont understand the threats

2025-05-15 15:25:21

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I'm sure you're still getting your bearings,
it'll take a year or two
but FYI, the Bitcoin conference is a compliance fest for suits.

2025-05-15 15:07:39

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must... stay... strong...

2025-05-15 14:51:53

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still not doxxing myself because she's FBI

2025-05-15 14:51:27

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correct answer

2025-05-15 14:42:57

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yeah
as long as the price is primarily propped up by fiat degens its a really bad idea.

2025-05-15 14:39:25

strong "Give the ring to Gondor" energy
#nevent1q…nvhn

2025-05-15 13:12:42

a hard cap in the number of monetary units will not *only stop fiat speculation
it will also effectively prevent capital allocation to innovative projects unless return is practically guaranteed.
#bitcoin
#nevent1q…gutr

2025-05-15 12:25:11

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its a comic.
youd like it I think.
https://en.m.wikipedia.org/wiki/The_Invisibles

2025-05-15 03:21:39

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The Invisibles

2025-05-14 23:19:43

#bitcoin maxis will talk about SoV,
hodl till you die,
cent/sat parity,
"generational wealth"
all fucking day long
but point out that deflation conditions
(ie a fixed amount of monetary units and growing economy) disincentivize spending and investment,
and they lose their fucking minds.
#nevent1q…mguv

2025-05-14 23:15:36

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only Bitcoin maxis would call basic and commonsensical economic theory "dishonest argumentation to attack and discredit"
people delay spending in deflationary environments. period.
Bitcoin maxis talk about SoV all fucking day ffs.
hodlers are disincentivized to spend because someday it will be "generational wealth."
its fucking obvious and talked about all the time.

2025-05-14 19:21:10

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the purpose of a system is what it does

2025-05-14 13:08:44

crazy how deflationary conditions disincentivize spending
#nevent1q…60l0

2025-05-12 19:03:58

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no blockchain scales, its not unique to Monero

2025-05-12 19:03:15

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generally
when you start feeling FOMO
youre already late.

2025-05-12 18:37:19

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yeah
everything has different properties that change the way people interact with it and analogies only go so far.
but given the incentive structure,
seems highly likely Bitcoin becomes a chain where people store data they don't want to lose.

2025-05-12 18:06:37

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are y'all calling me a fascist 🤨

2025-05-12 17:27:06

the days when you finish chores early and can go out and burn sticks are the best days
https://i.nostr.build/2lNxAoEZqGkjQ9LN.jpg

2025-05-11 20:22:25

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cool story bro

2025-05-11 19:30:39

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winning 😎

2025-05-11 18:50:21

i hate bull markets.
#bitcoin
#nevent1q…l6dg

2025-05-11 18:38:18

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the primary utility of money is censorship resistant transactions.
NOT fiat denominated returns.
you start to sound like just another fiat maxi who calls themselves a Bitcoiner.
stop measuring the value of your Bitcoin in fiat purchasing power.

2025-05-11 11:45:10

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do you have WebviewJIT disabled? try fiddling with those Graphene exploit protection settings...?

2025-05-10 23:07:05

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lol
anyone can cherry pick timeframes
you just look silly

2025-05-10 23:00:55

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lol
liar

2025-05-10 21:34:23

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but all the lurkers who read the thread understand a little better

2025-05-10 21:33:19

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I do think we are already in a highly inflationary environment.
it's a large part of why the prices are "distorted" by gambling.
when prices no longer represent the collectively perceived utility of the thing
but instead show the expectation the thing can be flipped for more purchasing power later that a tulip mania.
is the price "wrong?"
no.
but it doesn't mean what most people think it means.

2025-05-10 17:35:10

#Bitcoin is winning if the general population starts to sound more like Bitcoiners
#nevent1q…ks4y

2025-05-10 17:33:22

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prove it

2025-05-10 16:07:26

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hahahahha
"monero cant even keep up with fiat"
hahha

2025-05-10 15:57:45

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❤️
The best anyone can do is just put their point of view out there.
People do with it what they like,
intelligent and mature minds might get something from it.

2025-05-10 15:20:52

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I have a domain that points to a html file through @nprofile…cw4k
they also manage email for my domain
and its not expensive.

2025-05-10 14:33:33

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boating accidents dont work on a transparent ledger
no tax authority is going to just leave you alone because you told them you lost the asset

2025-05-10 14:23:32

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I believe this is called "alt season"

2025-05-10 13:11:43

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Bitcoin maxis are a reactionary cult
just as incapable of critical thinking as MMT dogmatists.
and unfortunately
you prove my point with your technically illiterate and unrepentantly unexamined regurgitation of Saifedean doctrine.

2025-05-10 13:08:26

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i completely agree with that.
but let me ask what happens in a highly inflationary environment when Cantillionaires get a shitton of new money?
do you agree Nvidia is accurately valued?
what about Tesla?
the new money seeks the highest-perceived returns. it creates an overbought condition over the entire upper layer of the economy. eventually that new money decide to exit and crashes the market.
in such a situation people arent aware the price they see in the chart
isnt the "honest price" or real social utility of the item.
its because a bunch of degen gamblers think itll go higher.
i think not understanding that is a problem.
you can call it the free market functioning if you like,
and you're not technically wrong.
but prices are fucked on a fiat standard.

2025-05-09 19:37:50

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there's nothing wrong with pure speculation
as you say
but theres a problem when we conflate *perceived value
with value

2025-05-09 17:33:17

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exactly

2025-05-09 17:32:06

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it would be grand

2025-05-09 16:45:53

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they have to double down 😡

2025-05-09 15:19:06

goddamn it
you fucking bastards
you do not hate the state enough
#freesamourai

2025-05-09 15:16:28

fuckers.
#nevent1q…7rpw

2025-05-09 14:54:49

i really like nostr ❤️
#nevent1q…uh0f

2025-05-09 14:44:57

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makes sense to me ❤️

2025-05-09 14:35:04

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imma on here every day sayin... 📢

2025-05-09 14:29:26

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blood makes the green grass grow

2025-05-09 14:27:40

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they don't make 'em like they used to

2025-05-09 14:26:40

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ngl
gives me goosebumps

2025-05-09 14:24:38

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wow great question
I don't know of anyone who actually gets it right. even myself.
the fundamental problem is that we CAN'T have accurate pricing on a fiat standard.
so how can "value" be measured?
I rail against this because Bitcoin maxis like @nprofile…4xjf are hypocritical, without seeming to realize it
on one hand, its their mission to wake up the world from the fiat nightmare
otoh they love to whip out a fiat chart when it suits their argument.
as if it measured anything more than fiat speculation by Cantillionaires...
for all of us
the best approach is to keep learning
but the name of the game is *critical thinking skills*
all this maxi shit is just noise.

2025-05-09 14:16:55

make bayonets great again
https://i.nostr.build/R9j8qC4Vri8E9rgW.jpg

2025-05-09 12:26:11

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unfortunately
just running your mouth doesn't make things true.
its just obviously false that predictable supply inflation makes a money fail.

2025-05-09 12:05:35

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moneros supply inflation is lower than golds.
obviously is a HUGE problem and makes Monero "digital fiat"
since gold has NOT served as a stable SoV for 4000 years 🙄

2025-05-09 05:27:06

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not if economic activity decreases faster than the money's purchasing power increases

2025-05-09 04:21:29

good ghee is gold
#nevent1q…43n2