Excellion
Samson Mow

We can work on that. It’s always hard to empty a LN wallet without channel close. I had the same problem with others before and just had to leave a few sats in there. With AQUA though, it is a Liquid balance, so you can always swap that out to BTC or just withdraw the L-BTC itself.

2024-09-23 05:01:19

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AQUA’s target market is LATAM, which uses USDt mainly.
Pushing Nostr protocol dev to be more resilient does not mean I dislike it.
Many projects launch closed and open later. IIRC Samourai was closed source for months. We were only closed for 10 days to clean up the repo and the open sourced.
Privacy Policy and TOS parts you dislike refer to using third party services within AQUA which we have no control over.
We always push to the public repo when there are new releases. We had an urgent fix because wallets are not launching due to a port change in GDP. Our dev was up late making the fix and then went to bed. He pushed to public repo in the morning.
Don’t Trust. Verify.

2024-09-23 04:53:59

Thanks for the gift all the way from Brazil! @npub1vwc…04ch #BitcoinTokyo2024 https://image.nostr.build/90b3ccd9bd699dc77eb4f4d5c89d5b3ade11cfa7b33d079779e52fda2957b38f.jpg

2024-09-23 04:48:57

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Working on reproducible builds. We need it for F-Droid anyhow. Small team and limited resources.

2024-08-28 08:59:10

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Disagree.

2024-08-28 08:57:51

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It worries me that the answer to this is always “don’t worry.”

2024-08-28 05:24:05

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*censor

2024-08-28 05:22:41

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It doesn’t even have to. Relays can self sensor if there’s a threat. Just look at Phoenix pulling out of the US.

2024-08-28 05:19:52

Either Nostr evolves to have every client being a relay, or it will fail. The risk is the same as that of LSPs.
Think adversarially and think far into the future. Imagine Nostr running at Telegram scale with 1B users, not the tight knit community is now.

2024-08-28 05:11:55

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I started out with 9 relays when I created my profile here. 4 are dead now and Nostr is a lot bigger. I don’t think it’s fair to say that there will be more relays as it grows and not have a clear incentive you can point to for why people will suddenly run more.
I think all the recent events with Telegram and Samourai should be a clear indicator of where things are going.
Having many relays doesn’t help if they all have nice URLs and the operators can be easily identified.

2024-08-28 05:05:14

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Either Nostr evolves to have every client being a relay, or it will fail. The risk is the same as that of LSPs. Damus itself should definitely not be running a relay.

2024-08-28 05:02:17

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I wasn’t comparing it 1:1 in terms of encryption. I was just highlighting each has its own critical flaw.

2024-08-28 05:01:21

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There are no incentives to run a relay other than wanting to be helpful.

2024-08-28 05:00:48

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You’d store it yourself if every client is also a relay. You could mirror content for others too.

2024-08-28 04:59:46

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Anyone can does not mean anyone does.

2024-08-28 04:58:18

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Need to make every client a relay first. Relays are a risk to the protocol.

2024-08-28 04:55:34

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Relays make Nostr centralized.

2024-08-28 04:54:36

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It can only be P2P. Any weak points will be attacked.

2024-08-26 07:22:10

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Looks ok to me in Damus.

2024-08-26 07:18:36

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It did not. So they have data and control the state wants, but did not share.

2024-08-26 07:17:47

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No need to apologize. It sparked an interesting discussion. I just see it happening sooner due to an array of macroeconomic factors.

2024-08-26 07:16:32

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Use the core peer-to-peer components from Keet / Holepunch.

2024-08-26 07:15:44

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Do it!

2024-08-26 07:15:19

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Yes. This.

2024-08-26 07:14:48

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That’s another problem that should be discussed at length too. There is no economic incentive to run a relay, but a lot of risk. My main point is about relays getting shutdown. It needs to all be peer-to-peer.

2024-08-26 07:13:27

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It totally should be. But I think Nostr devs don’t see the issue.

2024-08-26 05:43:32

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But yeah keep having more conferences and ignore this problem. 🤓

2024-08-26 05:42:05

#FreePavel
But…
It is foolish how he thought Telegram could indefinitely operate a network without default E2E encryption and not play ball with regimes.
I see the same sort of presumption from Nostr devs/proponents ignoring the core architectural problem of needing relays.
Probably an unpopular opinion but it has to be said. Relays will be the death of Nostr but it’s not too late to fix it. The protocol is still in its infancy.

2024-08-24 11:28:03

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Hardly.

2024-08-24 05:24:04

Any price under $0.1M is still #Bitcoin on sale.

2024-08-24 05:23:33

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What exactly is a ridiculous dollar price?

2024-08-19 05:49:38

#Bitcoin is a risk-off asset for:
✅ People with low time preference
✅ People that understand money
✅ People suffering from inflation
✅ People living under oppressive regimes

2024-08-19 05:49:07

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Most of them are insolvent. There is no metric for success.

2024-08-19 03:42:39

Never underestimate the ability of the plebs to absorb available #Bitcoin supply on the market. A few million small stacks can have a huge impact.

2024-08-18 13:28:02

For institutional investors like sovereign wealth funds or pension funds, buying #Bitcoin at either $0.06M or $0.6M doesn’t make a difference. At their scale it’s a rounding error.

2024-08-16 13:53:46

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GM!

2024-08-16 13:53:12

Central banks and massive pension funds are seeking #Bitcoin exposure. Public companies are ramping up their BTC intake. Public mining companies are now buying too.
This is an incredibly bullish setup.
Plan accordingly.

2024-08-16 02:34:36

Being able to opt-out with #Bitcoin is so under appreciated.

2024-08-16 02:29:39

The current #Bitcoin price might have you feeling sad, but just be thankful that #Bitcoin exists.
Imagine a world without #Bitcoin where your government is printing money with no end in sight, while mulling over price controls as a fix. Just think how hopeless you’d feel. https://image.nostr.build/77aecca0a92a358c9f903f3428573652735a0a0474836fb8317aeafdd9749118.jpg

2024-08-14 15:03:52

2.1 quadrillion sats is just about the right number to store all human value forever. The fiat clown world has essentially pushed us to that number in dollar terms: $900T in global assets plus $1.2 quadrillion in derivatives.
Now we rebase everything to #Bitcoin and deflate. https://image.nostr.build/b8c7a14ac43d471e83cd7f0ddf9c171069534bb5722c37eab94ebc4fe4b5a679.jpg

2024-08-12 04:16:06

I worry about what happens when everyone figures it out. It’s not going to be gradually. It’s going to be suddenly.
Plan accordingly. ♎️ https://image.nostr.build/c719bd98dafeb8b2f572e7fc7c8ead999c6492007ae20575bdc1d858446fcaac.jpg

2024-08-12 03:46:41

I need to make an effort to post on nostr more.

2024-07-21 19:30:30

Goodbye Joe Biden 🦆
Hello Strategic #Bitcoin Reserve 🦅

2024-05-19 20:43:41

And yet number goes up. #Bitcoin

2024-05-18 22:31:57

The average laser-eyed #Bitcoin pleb has a better understanding of monetary policy and economics than most bankers and government officials.

2024-04-27 02:37:03

Keep calm and HODL #Bitcoin.
Everyone seems to be overreacting to the Samourai arrests, the FBI PSA, and Phoenix leaving the US. Here's my attempt to break it down.
Samourai
You have to unpack all of the different elements. Could this be a state attack on self-custody and privacy? Maybe. Probably not.
There are a few components here that need to be evaluated on their own.
1⃣ Samourai was a self-custodial wallet
2⃣ Samourai was a mixer
3⃣ Samourai was providing normal people with privacy
4⃣ Samourai were knowingly marketing the service to criminals and flaunting that fact
Reading the charges, it seems like #4 is pretty cut and dry for this case. Their getting arrested for #4, doesn't automatically mean #1, #2, #3 are under siege as well. If Samourai was a taco stand laundering money and bragging about it, I'm sure they would be taken down too.
They may be accused of running a money transmitter now, but that may or may not stick. We'll find out in the trial.
All that said, we should always be vigilant to attempts to erode privacy and the ability to self-custody. It just does not seem that this fight is *that* fight.
FBI PSA
Seems pretty normal that the FBI would advise people to use compliant services, and the entire announcement seems to revolve around potential disruptions due to Samourai being taken down, and potentially others in the future. Given they took action, they have to post some bulletin about it.
Remember that when people lose funds or have funds stolen from them, they do go to the FBI for help. From their point of view, the best thing for people to do is use compliant services where they can potentially help.
The announcement concludes saying that services that purposely break the law will be investigated - so again we go back to #4 above. This is nothing new, and self-custody is not being criminalized.
Phoenix Leaving
As @npub1sg6…f63m said, it's feels completely unnecessary. Phoenix obviously is not a MSB and they are not doing anything illegal. In my view, their exit from the US app stores is a complete overreaction.
Keep Calm
Could "they" come after wallets, developers, mixers, nodes, LSPs, sidechains, eCash, VPNs, encryption, etc? It's totally possible. But if you're not breaking the law, you have nothing to worry about.
To my knowledge, there is still rule of law in the US, property rights are still protected, and privacy is enshrined in the Bill of Rights (@npub1trr…hdpu).
It would be very difficult to change the law or stretch it to incriminate these things because it's all just information and software, which is speech. Some will try. But as they are trying, #Bitcoin is becoming more and more mainstream and integral to the world's financial system.
#Bitcoin is freedom technology and it will continue on.
Go outside this weekend and think about why you're here.

2024-04-19 20:58:05

We were here to witness the 4th #Bitcoin halving.

2024-04-12 01:00:37

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When the meter gets to the end is that death?

2024-04-11 22:39:56

The only thing preventing #Bitcoin from becoming corrupted fiat money is the ability for plebs to run their own nodes.

2024-04-09 18:05:13

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Heard the same. Crush may be a bit overdramatic though.

2024-03-25 17:52:41

#Bitcoin is a threat to totalitarianism and communism, so be wary of politicians that say Bitcoin is a threat to “democracy.”

2024-03-24 03:51:55

#Bitcoin is for future generations - generations that had once been enslaved with fiat debts not of their own, and before they were even born.

2024-03-18 19:24:27

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Services in the marketplace might have KYC or tracking. We cannot control that part of the user experience. AQUA’s core is non-custodial and there is zero tracking whatsoever.

2024-03-18 19:23:20

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Your digital battery is useless if no one can get them to use.

2024-03-18 19:22:26

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Set it up!

2024-03-18 19:21:07

We should call inflation what it really is: fiat failure.
5% inflation?
Thats 5% fiat failure.

2024-03-14 20:16:00

Money is the Operating System of the world.
#Bitcoin gives us an OS that cannot be hacked.

2024-03-12 20:51:13

#Bitcoin as a Medium of Exchange cannot be ignored. Without the ability to transact Bitcoin permissionlessly, it will end up captured and neutered like gold is.

2024-02-17 22:40:26

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For poker chips :)

2024-02-17 22:38:07

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Much like diplomacy is a lost art, seeking the win-win is also something largely forgotten by the world. Fiat only incentivizes win-lose, plunder, and oppression. #Bitcoin is the win-win equilibrium for the world and Bitcoiners want to help others because “if you win, I win.” Another node on the network as my peer means Bitcoin is more resilient, and we all win more.

2024-02-17 22:31:18

You’d be a good Samson Mow! #note19va…rzzm

2024-02-17 22:29:00

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Bitcoin wallets have this problem too that they don’t build for consumers.

2024-02-07 04:52:58

There is absolutely nothing that any government or central bank can do about inflation at this point. We’ve passed the point of return for the legacy system.
Only three paths exist now:
1️⃣ Hyperinflate
2️⃣ Default
3️⃣ Buy #Bitcoin

2024-02-06 22:48:23

Borrowing without consent is stealing.
Learn about #Bitcoin for the sake of your descendants. https://image.nostr.build/260b8898e104679a6e480e998ace1c4d973fadc79537a7f780cc8e47b1fdbe26.jpg

2024-01-30 00:27:54

Diminishing returns are for nocoiners.
#Bitcoin

2024-01-30 00:00:05

The most important thing with the #Bitcoin ETFs that most people seem to miss is the rate of accumulation.
The last few $MSTR mega-stacks (over 10k BTC) were 14.6k and 16.1k BTC.
IBIT’s average stack is ˜$200M/day or 4.7k BTC.
FBTC’s average stack is ˜$175M/day or 4.2k BTC.
So every 2 trading days, just 2 of the New Nine are hoovering up what MSTR does in a good month.
But more importantly, the IBIT/FBTC intake is ˜9k BTC a trading day. Mining only supplies 900 a day. So demand from 2 ETFs alone is 10x supply. Supply is going to get cut in half in less than 3 months, which means this demand will be 20x supply.
And this demand is just 2 ETFs. Don’t forget MSTR, Tether, and many more corps are also accumulating, along with nation-states, HNWIs, and plebs.
Plan accordingly.

2024-01-24 04:53:00

No amount of selling is going to be able to keep up with #Bitcoin demand from plebs, corps, nation-states, and ETFs. That is the reality people must accept. Some are bearish now and seeking out bearish things irrationally. Be rational. Leave the emotions out and do the math

2024-01-22 07:27:09

There are no diminishing returns when a step change takes place. Bitcoin is not a marginally better $ or gold. #Bitcoin is a 1000x improvement on any monetary technology devised in all human history. Diminishing returns is an irrelevant concept when the entire game has changed. https://image.nostr.build/d6e20bc2b30efc86b85f991a3409435ff1c03746a5384c00d8d9dd1e2151639d.jpg

2024-01-07 05:11:17

There’s a certain irony in Brian Armstrong trying so hard to change Bitcoin, promoting every fork, pushing Ethereum as a better Bitcoin, and listing so many shitcoins, but now his only job is providing custody to ETFs of the original #Bitcoin, the one which he saw as deficient.

2024-01-01 00:48:23

Happy 2024 to all the #Bitcoiners! 🎉
Especially the Laser Eyed, Toxic Maximalists, trolls, and so on.
We’ve been called many things throughout history: heretics, blasphemers, witches etc, but we’re the ones that move the world forward.
Keep at it
For #Bitcoin
For the future https://image.nostr.build/cff2719859c018ec032c135f29629345df21d50485ee0f02736e6a96d2d2ec3a.gif

2023-12-31 00:25:46

Recursive Demand Shock™
That’s it. That’s the note and other stuff.

2023-12-31 00:23:14

A God Candle is $10k green on the daily. We’ve had this term a while.
For $100k #Bitcoin candles I like Omega as it goes well with a quantifier. Just like with earthquakes, we have the Richter magnitude scale (5, 6 etc), we can measure BTC in Omegas: “it’s a 4–Omega candle.”

2023-12-24 01:38:45

While they begin Quantitative Easing again, we will perform another scheduled Quantitative Hardening. #Bitcoin

2023-12-24 01:25:54

While they ACCELERATE, we will OSSIFY. #Bitcoin https://image.nostr.build/a55db8d93c92e3a0a0abdc1ce3c552506f5675d2a945c549df90531b2e63c893.jpg

2023-12-20 20:42:40

I’ve come here to eat steak and send #Bitcoin to $1M, and I'm all outta steak.

2023-12-17 03:23:37

Government: “Inflation is at a manageable 4%.”
Also Government: “We’re giving ourselves a 38% raise to combat the crushing effects of inflation.”
🇨🇦🤡🌎 https://image.nostr.build/9683121e6479483c91764bd09ffe6ab216ed8bbe904ace8fe1673f7a3241882d.jpg

2023-12-16 20:29:06

The ETF approvals aren’t priced in
The halving isn’t priced in
More nation-state adoption isn’t priced in
Renewed QE isn’t priced in
The multiplier isn’t priced in
The Veblen effect isn’t priced in
All of this happening at the same time isn’t priced in
#Bitcoin

2023-12-16 09:10:51

baea253c31b1d668c4f1ef56b972f395fe7007060b6f87abc654bee9d9159951

2023-12-11 21:44:55

LFG #Bitcoin https://image.nostr.build/5d4e1d5957574aa47d362238599c4ba3ae280af7bcea3f26fa81c630cfa26b4b.jpg

2023-12-11 00:42:07

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*Influential used loosely and may include third rate comedians.

2023-12-11 00:41:50

It’s amusing to see influential* accounts randomly dunk on #Bitcoin out of nowhere.
Feels like we’re about to win.

2023-12-07 20:43:22

Elizabeth Warren is 74. The dinosaurs are slowly but surely dying off.
We can HODL #Bitcoin longer than they can spew nonsense.

2023-12-07 05:41:45

😢 https://image.nostr.build/90a8d82d6788c9fcb40292ac3ae30bb75778df05e5ffcbad7895de3c517aece5.png

2023-12-06 02:32:24

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It may blow past $1M and then drop to $500k. Media reports Bitcoin is ded. 😜

2023-12-06 02:22:20

Balaji wasn't wrong about #Bitcoin going to $1M, but he was wrong on the timing and the catalyst.
My $1M call is based on a massive rapid influx of institutional capital while Bitcoin available for sale is at historical lows, compounded by the halving.
His $1M prediction was predicated on money printing and banks failing. Those two things could potentially be a driver for a rapid run to $1M but not likely. The money printing already happened and then dried up. It will take a few more years for the market to adjust accordingly. As for banks failing, normies will just look for a "safer" bank. They aren't at the stage where they realize no bank is really safe and Bitcoin is the only option.
TL;DR: #1MBitcoin is in play.

2023-12-05 18:31:07

This time really is different. #Bitcoin

2023-12-05 16:56:37

Demand Shock x Supply Shock = Price Shock
#Bitcoin

2023-12-05 04:03:39

We're about to see what happens when demand shock meets supply shock. #Bitcoin

2023-12-05 02:59:57

The run up this time is different from last time.
Last time there was a ton of easy QE money sloshing around.
This time, money is still tight and interest rates high, but everyone is allocating to #Bitcoin.
Pay attention.

2023-12-01 02:18:14

The President of Colombia is now a #Bitcoin HODLer for sure. 100,000 sats to be exact. ☕️🇨🇴 https://image.nostr.build/de26cab603f2492b0d68221b2fe0b4d7fae7df6a0891249664dcebda75dcb34b.jpg

2023-12-01 02:17:54

The President of Colombia is now a #Bitcoin HODLer for sure. 100,000 sats to be exact. ☕️🇨🇴

2023-11-28 14:12:54

@npub1jan…x52y is always hard at work. 🇸🇷 https://image.nostr.build/2ed4348ad9b5a51f5b438a1d5ab5cf09f8b23ba7c915e1eabb84d2f5b854d587.jpg

2023-11-23 21:44:45

And just like that, the conversation is now about $1M #Bitcoin. Brought to you by the bulls that said ATH before halving. 😁

2023-11-23 17:28:13

In 2017 it took ~9 months for #Bitcoin to go from $1k to $20k. The block subsidy was 12.5, there was a lot more BTC sloshing around on exchanges, mining was boiling the oceans, and there was zero institutional money coming in.
$1k to $20k is 20x.
$50k to $1M is 20x.

2023-11-23 16:47:16

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😂