MattM

Programmer, Bitcoiner, PC gamer, Spider-Man fan

Public Key

npub12k83uunvc5dthtn7keled3lmahxfwa47kmg6r5c4u3sj4yyk2ypqv2xtlv

NIP-57 Address

lennixblack@zeuspay.com

Profile Code

nprofile1qqs9trc7wfkv2x4m4eltvlukcla7mnyhw6ltd5dp6v27gcf2jzt9zqs37c70v

Author Public Key

npub12k83uunvc5dthtn7keled3lmahxfwa47kmg6r5c4u3sj4yyk2ypqv2xtlv

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Last Notes

2024-08-10 20:26:44

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It's a good time to sit back and marvel at the fact the Federal Reserve is a private bank.

2024-08-04 03:30:01

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Too bad about the 4th quarter. And yet with a little time left, we pulled it out. Only to lose it in the last second. Only to get it back. Only. To. Lose. It. AGAIN

2024-06-01 09:27:40

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That's interesting Jimmy. Why did Satoshi write like someone from the UK though?

2024-05-26 10:08:29

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Biden is so out of touch, he doesn't even close to understanding the electorate that hold bitcoin. This guy blames inflation on greedy companies (an excuse as old as time) and has pushed for anti-Bitcoin policies in his budget proposals. So yeah you're right. There will be no 180. Just a double down as the ship sinks.

2024-05-18 07:28:33

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So nothing to do with government spending in extreme excess of its tax revenue, or its expansion of the money supply at a much greater pace than GDP? Nothing to do with adding $1 trillion to the national debt every 100 days, approaching 120% debt to gdp? Ok.

2024-05-18 07:23:00

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Wow bitcoin was trading at $5k at the time. That guy is a legend.

2024-05-18 07:18:58

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Diddy is done. Bad boy for life indeed.

2024-05-18 07:13:47

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That is nasty lmao

2024-05-17 07:11:20

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Nature is healing.

2024-05-15 10:18:31

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If you don't understand money, you don't understand Bitcoin.

2024-05-15 10:17:50

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Outstanding book and interesting glimpse into the future.

2024-05-15 10:05:37

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Joe you are an international treasure.

2024-04-20 16:54:21

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You shouldn't have a $100 UTXO it you've been managing your wallet properly.

2024-03-23 16:04:49

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https://image.nostr.build/a7d34f6ef10a01af9edce70065474ff91b9ecd767be5d1b22c15292403b026ae.jpg

2024-03-21 05:27:07

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Bitcoin is simply transcending our limited corporeal conception of value predicated on the fiat monetary panopticon.

2024-03-09 07:39:43

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It used to be 12 hours.

2024-02-22 04:53:03

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Me: I have 3 shirts. It takes an hour to hang dry a shirt. How long will it take to dry all my shirts?
CW: If it takes an hour to hang dry one shirt, then it will take 3 hours to dry all three shirts, assuming you hang them all at the same time.

2024-02-20 18:50:05

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Is there any data on how many people are holding bitcoin??

2024-02-14 19:14:11

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Fair value accounting also goes into a affect later this year

2024-02-13 03:12:38

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I thought it was just me. Is this a bug?

2024-02-13 03:02:48

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😭

2024-02-10 17:27:32

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When is it coming out on Android and Linux!?

2024-02-07 19:06:58

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This guy must have a mental illness.

2024-02-06 04:34:39

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I thought you were making fun of his name but it really is Dick Cuckerson 😂

2024-02-06 04:32:15

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Nothing beats Vice City radio.

2024-02-03 02:32:18

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2024-02-01 23:34:07

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...they fight you, then they join you??

2024-01-30 23:21:28

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Is it me waking up or am I just getting old?

2024-01-29 22:21:24

This person sold all their BTC @ $45k in January, hoping to buy back at $25k, 3 months before the halving. Let's check back on this in 6 months
https://image.nostr.build/26cbcfc71aab1486598d6c2a989b5950cb13f67b0d9e3bb98f43b520f2c59e83.jpg#m=image%2Fjpeg&dim=1080x869&blurhash=%2337KuM%7EWROxaMxjFD%25RjIon%24%252%25LxaRiV%40s%3AjZbHD%24s.xtnhxtn%7EjYaeof-ps%2Csls%3AjYs.oeofWVD%24sms%3As.xuo0jZRjj%5BIARixut6ofoeofayayD%25t6t7WAt7WBayWBj%5B&x=88bb4dc612c33932e850110a4602652dbbb57600b2545448f224e7202262d324

2024-01-28 19:48:06

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I would explain the monetary debasement in terms of time preference. Money printing destroys our savings, which in turn reduces our ability to plan for the future. Less savings = Less investment. This gives us high time preference and we only think about the present instead of the future. We therefore make decisions that discount the future for the present. Applies to both individuals and businesses.

2024-01-22 22:39:44

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I gave up on my friends a long time ago. Everyone gets btc at the price they deserve.

2024-01-18 20:58:03

Steady lads. Deploying more capital.

2024-01-18 17:56:49

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This is so messed up but it made me laugh 😂

2024-01-17 21:19:59

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He's scurred

2024-01-17 21:18:27

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Different company. Not affiliated or related to Fidelity Investments.

2024-01-15 21:49:15

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They locked up and paralyzed an american kid who fell into a coma and later died for stealing a propaganda poster...

2024-01-15 20:57:16

Has anybody read Gold Wars? 60 pages in and it feels like a prequel to The Bitcoin Standard.
https://image.nostr.build/3d599d3a04fa5cdee02fa4f76e251466137fab9740238a11e815b1a58cce6501.jpg#m=image%2Fjpeg&dim=1440x1920&blurhash=_HCiw3.A5sWB%251o%23n%7E-%3BS6WXxYxXWBWEI%40WV%24%25s.WBWBbI-ns%2CNGNIR.ozs%2CI%3Fj%5BxZfkWBaeWVERju%24%7DbFR%2BjuWXS5oes%2BR%2BR-oLaySij%5Bs%2CWXj%5Bs-WVxYj%3FRkWCj%40W%3Boe&x=cbada5e0b8179c7601cdc65e1dbd19ef440ec073a028a086eeb302c53fcc4d3d

2024-01-15 16:49:47

👀
https://image.nostr.build/52b8e649c76a82b70d0a423cca51f5dfc2bdc30ccc032a2f4d49c93067e0eeec.jpg#m=image%2Fjpeg&dim=1170x484&blurhash=Z7S6St9F-%3AkC%25gn%24t8ozxt4nxubboLs.R%2Bt7V%40oztRxuoebHRkoJWWWCad%7EqWBM%7Bt7WBbHRjf6ay&x=2478f1853994a0b789452e560093ea562fa6a7ae030b3fce3203095622ac8c5b

2024-01-12 04:46:12

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I'm not feeling it

2024-01-12 04:38:44

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Whatever happened to Twitter coins?? 😂

2024-01-11 20:46:23

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That's amazing lol

2024-01-11 17:36:55

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If they want to short the most scarce asset on earth, be my guest.

2024-01-11 00:25:11

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This is great news. Cheaper sats for all of us.

2024-01-10 17:27:13

ETFs are already showing up on Fidelity 👀
https://image.nostr.build/41481e8c5134d90072c1ca7c71aeb295e7eff0e7df8524916ceff7237c254fb6.jpg#m=image%2Fjpeg&dim=986x1920&blurhash=%5D95Fdex%5BofWBV%5BQYWUWUWBoy*EafRQafjJmbs%3BoyWBoy*EkBWBbFn%2CQXWBX4j%5BoyppRjaMoMsqV0oMkBf7kBpqbYafj%5Baf&x=47087c37b179e3ab66085c2176693cf40c2f4044c4c4ad64d7726bc2f9689505

2024-01-10 17:11:13

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Switch!? A closed system without outrageous game prices? Look into the Steam Deck, based on Linux and let's you access every generation of pc games + emulators

2024-01-10 05:40:07

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Nothing new really lol

2024-01-10 05:38:41

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It can already do that. I've used it at work to scan surgery notes to retrieve specific details about an organ.

2024-01-10 01:18:14

🤣
#nevent1q…3k8y

2024-01-10 00:16:42

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How did they recover the account in less than 20 minutes? If this was a hack, we need to see records as proof.

2024-01-09 22:23:14

😂
#nevent1q…l95q

2024-01-09 20:10:04

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Wow that sucks... for ftx debtors

2024-01-09 04:35:11

Congrats to Michigan on putting together one of the best vacated seasons in history

2024-01-09 01:51:37

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River, Strike, or Swan to buy. Withdraw up to $500 to a bitcoin only, open source hot wallet like Blue Wallet, Sparrow, or Electrum. Past $500, get a bitcoin only open source hardware wallet for cold storage: coldcard, bitbox, or blockstream jade.
Check out BTC Sessions on YouTube for cold wallet tutorials.
Write down your seed phrases on paper or stamp on metal. Never put seed phrase in any digital format. Keep strictly offline.
For non-KYC bitcoin, bisq or robosats

2024-01-08 22:53:29

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Please don't tell me you haven't been accumulating bitcoin until now....

2024-01-08 22:35:41

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I remember when I was first learning python 3 and trying to use their Gmail api. The example code in their docs was written in Python 2. Good times trying to solve errors in that mess without a gpt.

2024-01-07 18:16:14

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Take another look at what Hal said. He said it can't be scaled to broadcast every transaction to the blockchain, which is mathematically true. But there's no limit to scaling the value of each transaction. That ability to scale in value per transaction allows it to handle all the world's transactions from other layers in batches. From that standpoint, it makes sense what he said. And it's likely to be the outcome in the future.

2024-01-07 17:50:33

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Literal quote from Hal:
"Actually there is a very good reason for Bitcoin-backed banks to exist, issuing their own digital cash currency, redeemable for bitcoins. Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient. Likewise, the time needed for Bitcoin transactions to finalize will be impractical for medium to large value purchases.
I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash. Most Bitcoin transactions will occur between banks, to settle net transfers. Bitcoin transactions by private individuals will be as rare as... well, as Bitcoin based purchases are today."

2024-01-07 17:30:52

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Well none of us will be able to use layer 1 once fees go up from broad adoption. You're gonna have to pick a layer 2 or higher for most of your transactions.

2024-01-07 17:27:28

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By that logic, Lightning isn't bitcoin either.

2024-01-07 17:17:59

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I read in Saifadean's book that it can be considered a money certificate, which is fully redeemable for the asset.

2024-01-06 05:34:39

This guy has the worst takes on Bitcoin
https://image.nostr.build/3f6338902b703d7f0d7beff34c292d9dfe97b742a6d50f2bdc5e01df5553e203.jpg#m=image%2Fjpeg&dim=1080x1844&blurhash=%5D36a-d-%3Bs%2Bt79F%7EqIUtRxuIU%3FbM%7B%25MxaIU%25ND%25xat7M_%25MIo%25NxuRi%3FbIUxaodIUxvM_%252xuM%7BxuIot8t7M%7B-%3BRjxat6M%7B&x=c7053d1d8cd02e3c884088c8275bf7446fe189c34b852627c39f190527719abe

2024-01-06 00:09:03

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They've lost a lot of credibility. You either die a hero or live long enough to become the villain.

2024-01-04 23:50:39

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What's crazy about this is literally no one is trying to reverse this trend. It might be that they can't or it's political suicide at this point to cut spending.

2023-12-22 06:06:14

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Trump's hands are much smaller.

2023-12-20 18:46:01

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I gave my niece $50 of bitcoin last Christmas. It's worth $135 now...

2023-12-20 02:22:33

This person made fun of a user who got their funds drained from Exodus wallet. 7 days later, their life savings were drained from their metamask wallet. Karma is a bitch
https://image.nostr.build/29e93b5eb2aa52d34e6d1db459c739a72d247e6db3f9108f283b287dac888a8c.jpg#m=image%2Fjpeg&dim=1080x1050&blurhash=%7C684Sq%7ECVtS2E0M_RiM%7BIox%3DW%2BR%24W.WDs%3Dn-n-aikrT1R%3An%2BnhjWj%3Bawf5n3rqv%7Errspo%23b%5EXSS%23IYWGs%3DnPxEs8obk9ox%23*%24%25j%3DNGSOR-oga%24a%23Dhs%3A%25fNZbbW%3Aazj%5DR%2BOpOUX5oes%3AjGnjnjjGk8kBoen%25n*sps%3AsCsp&x=ba4ae835f7395cf1ba3d687181be9aa9f0fc764225219909ac875c9dc228ffe7

2023-12-20 02:02:25

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This is amazing

2023-12-19 07:47:55

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For several years now, Ubuntu/Canonical has been making decisions in what many consider to be an arbitrary & dictatorial manner that is seen as contradictory to the philosophy and ideals of FOSS and Linux.
Many "old timers" felt that Canonical ran over users roughshod when they shifted from Gnome2 to Gnome3. This was the beginning of the split and resulted in several new distros and DE's, such as Mate, etc.
Recently, Ubuntu/Canonical have embraced "Snaps", which some feel are inconsistent with many FOSS & Linux values. Some criticisms include:
* snaps come bundled with dependencies, so they're larger than their counterparts from other package managers.
* snaps are slower to run than traditional packages.
* snap distribution requires devs to set up an account with Canonical and host their snaps on it.
* snap packages don't go through stringent checks and reviews by the community.
* Snap's back-end is closed-source and controlled by Canonical.
So, this is seen as yet another instance of Ubuntu/Canonical ramming things down the Linux community's throat. Many people see Canonical as acting like Microsoft and they've simply had enough of it.

2023-12-16 05:44:15

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Whenever ledger screws up, its competitors drop prices. Smart business moves.

2023-12-15 19:16:40

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I didn't know he was the CEO. I thought he was some scammer who's been spamming ordinal.

2023-12-15 02:51:33

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Don't rush and make mistakes. Take your time and do it right. I would also generate a new seed phrase. Who knows if ledger already has your current one somewhere on a server.

2023-12-12 23:49:28

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The scammers will stop when the sun rises in west and sets in the east. When the season go dry and mountains blow in the wind like leaves.

2023-12-04 05:46:53

This didn't age well either 😂
https://image.nostr.build/a91568be9a9170fb0b3ca17f78208f751ea71a934328e0c822909845192494d6.jpg

2023-12-03 23:05:14

This a real article by Yahoo Finance in 2021 😂
https://image.nostr.build/76acaf031be0c16999c1faa34340d849022ea3ec23277cf0c0eac6f0c581f19d.jpg

2023-12-01 20:57:24

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What a cool Easter egg 😂

2023-11-29 21:45:22

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I love how quickly you came up with this 🤣

2023-11-29 21:44:44

😂
#nevent1q…dr5y

2023-11-29 21:42:02

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Asking all the right questions 🤔

2023-11-29 07:25:27

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You have a $100k limit!?

2023-11-26 05:53:11

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It's not that they will destroy anything. They cannot create anything. They are condemned to a lifetime of financial debt with no hope of ever paying it back.

2023-11-24 07:22:56

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I have my own node. Where do I start with lighting?

2023-11-15 18:24:27

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Why the hell would Bob sell his btc for dirty fiat? Bob has left the fiat system.

2023-11-12 21:37:53

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Could you ask her what's the most interesting thing she's learned about Bitcoin so far, and what new areas she wants to work on learning?

2023-11-12 21:02:17

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I know you asked this back in July but I found a pretty good explanation:
It's pretty easy to prove if any of your addresses are connected to your identify. Let's look at some scenarios:
Bob buys bitcoin and withdraws it from his kyc exchange account to his own wallet.
Scenario 1:
Bob then spends the money at a local shop that reuses the same address or the shop's address is associated with the owner's real world identify. On chain analytics then determines with certainty that money has changed hands from Bob to the shop using his associated identity with the account on coinbase that the bitcoin originated from, thereby alerting the IRS that Bob has incurred a taxable event.
Scenario 2:
Bob sent the bitcon to Alice, who then transferred it to her coinbase account and sold it. Onchain analytics is able to determine with certainty that money changed hands between Bob and Alice based on their associated identities with their coinbase accounts.
Scenario 3:
Later Bob uses it to pay for an online order to be delivered to his home address. His name and address associated with the order allows on chain analytics to determine he spent bitcoin and incurred a taxable event. The originating bitcoin address is now known to be owned by him.
Scenario 4:
Bob sent the bitcoin to Jake the dope dealer in exchange for some dope. Because Bob always reuses the same address when he withdraws bitcoin from the exchange, Jake is able to look up the sending address and see Bob's entire bitcoin balance. He and his boys make plans to jump Bob and force him to give them his bitcoin.
Scenario 5:
Bob sends bitcoin to a group of protesters who have gone on strike and no longer have access to traditional fiat since the government has shut that down. Government agents trace the bitcoin back to Bob through his coinbase account and show up at his door to arrest him.
Scenario 6:
Bob is a low time preference bitcoiner who simply holds long term and practices good security by backing up his keys and keeping his bitcoin in cold storage. He has not spent any bitcoin yet. Unfortunately, the KYC exchange he used got hacked and his personal information is leaked to the dark web. His address, phone, ID, and entire transaction history on the exchange is sold to a black hat hacker, who sees he owns a lot of bitcoin. The hacker makes plans to invade Bob's home with 3 other masked men. They're prepared to torture or kidnap Bob for his bitcoin.
So somebody can know where it goes if your real world identify is associated at any time with any of the addresses you use. You're open to government overreach or even malicious actors.
Here's a better scenario:
Bob logged into Bisq which is an open source peer-to-peer network for trading bitcoin privately where every bisq node is a Tor hidden service. He buys bitcoin anonymously and sends it to his private wallet where it is then sent through a coinjoin, thereby completely obscuring the origins of the bitcoin.
Now the first question isn't who did he send to? It's who sent what to who?
Bob also uses coin control in which his bitcoin stack is separated into UTXOs that are labeled so he knows where they came from and what they're used for, making it even more difficult to understand how much bitcoin he holds or who even who is holding it.
Bob sends some bitcoin to Alice who then turns around and sells it on an exchange. On chain analytics knows that Alice sold bitcoin but it cannot determine where it came from.
Bob spends his non-KYC bitcoin at a local shop. On chain analytics knows the shop received it but is unable to identify who sent it.
Bob sends bitcoin to protestors on strike. Government has no idea who gave it to them.
Coinbase got hacked leaking personal information of thousands of users. It doesn't affect Bob because he gets his bitcoin P2P.
Bob is chilling with his non-KYC bitcoin. No one can bother him or intrude on his privacy. know you asked this back in July but I found a pretty good explanation:

2023-11-11 01:17:05

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I would have kept it.

2023-10-20 14:25:26

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Very cool. This part of bitcoin's history is an important period that demonstrated its anti-fragility and decentralization. Not enough people know about it.

2023-09-20 17:41:09

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We will have to hard fork eventually due to overflow bug.

2023-08-06 01:10:47

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You guys are so cool

2023-07-24 17:05:28

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Added to my reading list. Thanks

2023-07-22 21:42:50

🤣
#nevent1q…vs3l

2023-07-09 19:54:10

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Some people choose to see the ugliness in this world, the disarray.

2023-07-07 16:11:51

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That's so awesome 😂

2023-07-07 16:04:46

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I got out the apple ecosystem a few years back. Was a great decision.

2023-07-05 17:29:00

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Burnout rate among physicians, especially surgeons is really high, so you're not exactly alone. When I first worked at a clinic as a scribe several years ago, the first thing the medical director told me is don't go to medical school... she was dead serious and said she wanted to get out of this profession asap. The long hours and work load just wasn't worth it. She also told me many of her colleagues felt the same way.
The clinic manager told me, "At the end of this, we will convince you not to do med school. You'll see"
He was right. After 1 year of scribing for one of the doctors there, I realized being a doctor really sucked. We had residents that rotated through the clinic and I asked them, do you like working as a doctor? Every resident except one expressed regret for entering this profession.
So now I design and develop the applications and tools doctors use to deliver Healthcare, and I've gotten into machine learning and data analytics. I absolutely love my job.

2023-07-03 23:36:25

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The premise is wrong to begin with. There's no such thing as intrinsic value. All value is subjective. We humans give commodities and goods their value.

2023-06-30 17:39:50

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Get a 2nd wallet from a different manufacturer as a backup. Seedsigner is great for that.
When the ledger nonsense happened, I was so glad I had a backup to immediately start moving my stack to a new seed. Other people had to wait weeks for their wallet to ship, and some are still waiting.

2023-06-30 06:32:17

Everyone is arguing about legacy admissions and the unfair playing field for minorities after the Supreme Court ruled against affirmative action. The truth is none of this matters because college has become an overpriced credential mill where students live like aristocrats and get a country club experience, all while racking up tens of thousands of dollars in debt.
Students are not the consumers but rather the product that universities offer to their various governmental and private sponsors. After the 4 year party they're left with no real world skills and a mountain of debt that will burden them for most if not the rest of their lives.
In a few decades, university will be completely obsoleted compared to its current credentials mill state. Not only are the costs unsustainable, but anyone will be able to spin up a 1 person virtual company using technology and AI tools to produce a product or service from anywhere in the world. Information is ubiquitous now. You don't need to pay $50k+ per year to learn in a classroom when you can learn it from AI tutor or various online classes at any time on a moment's notice.

2023-06-29 20:08:56

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"Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world."
https://nakamotoinstitute.org/cypherpunk-manifesto/

2023-06-26 15:42:50

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Disagree. I think switching to Android is the solution, at least short term. It's the only way to get Apple to reverse their policy. By law they're allowed to do what they're doing. Changing the law is unlikely to happen since we live in an oligarchy.

2023-06-21 06:56:02

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This sounds like a promo for a raunchy film.