Dirac Delta

https://heaviside.substack.com

Developing the world's highest performance structural aerospace materials (and a couple other things) gave me a unique experience of the fiat world, which made me a bitcoin berserker.

I must see the downfall of fiat so that the world may have had a sound economic calculus under which the industrialist can proceed with his work unimpeded. @DiracDel on twitter

1-arm-chinup nationalism

Public Key

npub1c8nlcgd5l8qenesgdcy4vw0s794yujyy23z50n52v5ld0ddkcjnsppqsah

NIP-57 Address

diracdelta@stacker.news

Profile Code

nprofile1qqsvreluyx60nsveucyxuz2k88c0z6jwfzz9g328e69x20khkkmvffcprpmhxue69uhhyetvv9ujumn0wdmksetjv5hxxmmdqyxhwumn8ghj7mn0wvhxcmmvgewld5

Publishing to

relay.noswhere.com

nos.lol

Author Public Key

npub1c8nlcgd5l8qenesgdcy4vw0s794yujyy23z50n52v5ld0ddkcjnsppqsah

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Last Notes

2024-08-20 20:36:58

If between August 22 and September 30 I consume any food other than raw meat, I will donate $1,000 to the Samourai Wallet defense fund. 🚀
If I don't fuck it up, I will donate $100.
So far ~1 week is my *raw* carni max.

2024-08-13 15:49:10

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Fractional standards of value, as I have said many times

2024-08-08 18:00:48

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Did I ever suggest you are not free to not shop in places that do not accept fiat? Anyway, let's be honest -- it's a moot point, because you are willing to use fiat left and right!

2024-08-08 16:40:24

Then why not start with something that is not (primarily) LARPing?
LARPing gives people a false sense of accomplishment, thereby diminishing the impulse toward real action.
#nevent1q…8rr0

2024-08-08 16:39:11

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Who are you to say what anyone else chooses to accept as payment? 🧐

2024-08-08 15:51:03

The truth about your bitcoin city/town circlejerks
https://image.nostr.build/78e1651e55bbe05a7c692331c1c4b1a98242af42d1d8d3ea775bc841fcbc0ae2.jpg

2024-08-06 21:53:06

Can someone explain to me the whole Nashville meme in bitcoin?
Unlike Austin, the city is not at all a tech hub, so why is it such a draw?

2024-08-06 21:52:05

Definitely. I remember the first time I made something novel and someone gave me money for it. Almost surreal experience.
#note1l0a…uhh4

2024-08-04 23:22:56

Retardation is emergent and prolific under fiat
No one is "running the show" top down

2024-07-28 15:04:14

Peter Thiel believes deeply in the State and Government
He believes States can "fix things," if only his people are in control
He doesn't understand Bitcoin. He doesn't understand or appreciate technology.
He knows saying the phrase "I love freedom & technology" is popular.
https://image.nostr.build/474838028cb81e944c1c12d75f1c54a3b7777dfcfb4c44d8d06d2c1c494cae91.jpg

2024-07-27 18:02:33

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Total nonsense. Not at all needed and dumb for people with small stacks to invest in startups. This is fiat on bitcoin!

2024-07-23 20:12:57

My comments now that Taproot Assets has been released on mainnet.
https://stacker.news/items/619883

2024-07-21 04:19:14

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The "purpose" of the humbling is for the retards to all shut up so people like me can get on with our work... Some people just need others to be humbled. There is no true freedom for me until I am free of the evil that surrounds me.

2024-07-20 14:44:07

Thinking I might end up going to Nashville. 🤷‍♂️
@npub1sg6…f63m if there is anyone you think I should connect with you might be able to help intro me to re. the advanced energy & aerospace tech, would greatly appreciate it. Having call with V- this week.

2024-06-12 17:31:28

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Maybe literature, I suppose, it doesn't serve me to keep learning more when I am unable to do anything with it. If I am learning something, I prefer twitter threads and research papers.

2024-06-12 00:24:00

Anyone have book suggestions?

2024-06-09 17:56:34

New toy
https://image.nostr.build/5a587f8d51f72f9532a28412398158b4f1c5cefdf3e0c54205410828f433fc8d.jpg

2024-05-28 19:33:38

Woah, this is super bullish for Nostr. I haven't been on here much lately, but it seems the non-bitcoiner normies (who think they're edgy because hYperBorEan, or whatever niche) are coming. Idk how they got here, but they're here. Lfg 🚀
#nevent1q…j6mj

2024-05-28 18:20:06

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Oh, look, a collectivist. Thank you for confirming I was right to call you a statist cuck, fucking retard. Have fun staying poor, shitcoiner.

2024-05-28 17:52:34

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Ok, statist cuck
If you cannot live without THEIR words forming your ideas, it is laughable to think you will ever seize freedom without living on THEIR terms 🤡
How weak must you think bitcoin is to need the word "money" to draw strength? 🤦‍♂️

2024-05-28 17:47:29

BITCOIN IS NOT MONEY
BITCOIN IS NOT PROPERTY
BITCOIN IS NOT A COMMODITY, CURRENCY, SAVINGS, OR AN ASSET
BITCOIN CONFERS NO RIGHTS
Bitcoin is a software messaging protocol. MESSAGES.
Bitcoin enables free speech and association without interdiction.
Interfering with speech or association is not just unconstitutional, it is the foundation of tyranny anywhere, and enacted only by criminal, violent assault.
It must also be understood of course that all taxation interferes with the natural rights of persons to freely associate.
There are no "bitcoins", bitcoin cannot be "owned", and the notion of "title" to bitcoin is an abstraction under the reality that bitcoin will recognize and not reverse valid transactions signed under duress or downstream of criminal trespass. There is no such thing as "title" to "bitcoins" because it is fungible cash, you cannot correctly say "these coins" vs "those coins".
This is not something to convince any authority of for there is no valid authority that may govern speech or association. Of course, people may be fooled into acting dead and impotent, like a trapped animal oblivious to the fact his cage was never locked.
Every time someone talks about regulation and government, they are supporting the government, supporting its frame as a valid owner of all humans. This is the peak of high time preference behavior, a total moral capitulation and submission. And it is only possible first by promoting LIES about what bitcoin is, for if you state the truth, it is too obvious that all the regulatory ideas are invalid and unlawful.
Bitcoin is software, it exists, it does not grant rights. If you burn a piece of wood and survive the night from the heat, it does not make warmth a right being given to you. You are USING the wood and it has certain behavior. It is anthropomorphization where the person being fictitiously constructed is none other than daddy government. But you are alone with the laws of physics, and other people trying to lie to you about the nature of the world.
Bitcoin is first and foremost Freedom of Association tech.
If you tell someone it's XYZ money thing, you guarantee someone else has set the mimetic framework / terrain.
If you start with association, it may spur a person to consider association mechanisms and attack vectors.

2024-04-30 02:51:32

The overwhelming majority of great technologies were invented in the West / West-allied nations.
Steam Engine: England
Internal Combustion Engine: France
Basic Oxygen Steelmaking: Austria
EAF Steelmaking: Scotland
Bessemer Steelmaking: England
Carbon Fiber: America
Integrated Circuits: America
Jet Engine: England/Germany
Silicon Carbide Fibers: Japan
Airplane: America
Container Ship: America
Modern LEDs: Japan
Fucking food itself (Haber-Bosch): Germany
Cement: England
Fracking: America
Nuclear Energy: America
CNC Machining: America
Pick-and-place: Japan
Drones: America
Bitcoin: America
MOSFET (underpins internet): America
The Internet: America
Fiber Optics: India
LASER: America
3D Printing: America
Vulcanized Rubber: America
MIMO: America
GaN devices: Japan
OLEDs: America
GPUs: America
Cellphone-to-sat coms: America
Cloud Compute: America/England
Hypersonic Glide Vehicles: America
Nanocrystalline Alumina Fibers: America
Shall I go on?
Never invested in a commodity.
None of them.
Never will.
"Omg you're missing out"
Maybe.
You're missing out on being in the room where the great leaps forward in human civilization take place and being a multi-trillionaire.
Keep your tyrannical wastelands.
https://image.nostr.build/b0331c55b32f7254c711a81a4599b5176fd1e19a88f6df5a6f5e0927303b8798.jpg

2024-04-03 12:40:03

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How a new class of geothermal turbine that uses sCO2, which can be utilized anywhere on the planet simply drilling into hot rock, in conjunction with low cost directed energy drilling methods could make geothermal the best "nuclear" energy source, without the impediments around nuclear energy developing nations face to the greatest degree.
That it will bring so much energy growth to both developing and developed countries, it will reduce the global price of oil and the global conflict of the petrodollar by disincentivizing war, regardless of how quickly bitcoin defunds it.
That due to on grid energy project development inefficiencies and corruption in Western countries, developing countries could initially take the global lead in this transition, especially as behind the meter markets, including bitcoin mining and AI datacenters continue to grow.
That the company working on this also has the capability to greatly improve natural gas turbogen efficiency, reliability, and upfront cost, including operating on sour (corrosive) natural gas that goes almost entirely unutilized.
At some point, I will need to broach the subject that these technologies are coupled to the military industrial complex and where I fit into all of this on the materials & manufacturing side. I will bring something up that may seem a bit bizarre, but true, which is that until it is demonetized, advanced weapons systems will be made: better that some of those profits go into bitcoin. We'll see how that goes. I'd say it's still better that the US retains upperhand over CCP, etc, but don't need to go into that.
Finally, I will bring up how more than just the things themselves, it is how they are achieved that matters. That I am trying to put together a fully bitcoiner LP base as this could mark a turning point of bitcoin beginning to fix things in a big way at the level of atoms, with orders of magnitude greater efficiency than the fiat world. And that if bitcoiners do not take ownership of this arc, it will be inevitably consumed by the shitcoiners who are diversifying their mimetic territory through faux industrialism (e.g. A16Z, et al "American Dynamism").
Ultimately, I hope Jack will be interested in continuing the conversation.

2024-04-03 05:42:39

So, uhh, TIL, it's not the pricey charity dinner entrance, but the auction that gets you. 😬🥲
Looking forward to our conversation @npub1sg6…f63m, thanks for sharing some of your time! 🤙
https://image.nostr.build/8c5ab18a004ada641ccca4a20bf2371c04612191d70c7728d9ecc60933c8fc1e.jpg

2024-03-28 20:15:43

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Very gay. Teslas are peak fiat because they represent clinging to the delusion that the fiat world is a-ok via a simulacrum of great technology through faux-ambition, a cope that shitcoiner Elon Cuck gladly provides.

2024-03-01 14:47:37

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I fully tore my Achilles falling off the edge of a gnarly mountain bike trail a year and a half ago. You're gonna wanna disrespect seed oils, grab one of these, and consider moving to El Salvador for your recovery.
https://based.getchroma.co/product/ironforge-the-compact-deep-red-nir-powerhouse-backordered-expected-to-ship-january/

2024-02-15 04:46:05

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Have him reach out to @ BTC_Bernoulli on Twitter or Clubhouse. He went from mechanical/fluids in aerospace to mining. Aerospace is pretty broad. Lots of engineering work when looking at large facility scale optimization.

2024-02-14 02:18:17

Are any of my followers here into mining? May have an interesting opportunity due to my background in aerospace & materials with an interesting gen technology that no one else has.

2024-01-12 09:03:15

Seeing disgusting content on Twitter from charlatans really shows just how important Nostr is. A lot of info will get wiped and Dark City'd. People will play into false narratives and affinity scam since there will be no chain of costly signaling. I wrote before about the idea of relational contracting on Nostr within very narrowly defined sorts of business relationships, and even there, I couldn't fully grapple with the mechanics of how it would work. What will be more interesting however is to see cryptographic proof of what a pubkey has been thinking or at least claiming to think for a decade. Nostr may end up being just as critical to rooting out fraud in the world as bitcoin.
Imagine a world in which no one alive has ever posted anything not on Nostr. The people who think Nostr has fallen off in importance are fools who do not realize monetary transactions take place via contracts, that contract scalability is tied to relationships, and failure to have tools that sufficiently scale relationships to capture the total economic capacity in equilibrium is how the state weasels its way into existence i.e. Nostr is what outcompetes and supplants statism.

2023-10-20 03:49:19

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English motherfucker, do you speak it? No one knows your hick intellectual-yet-idiot lingo.

2023-10-17 02:33:31

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Lol, and you think I'm off the mark. This has been the bio all day.
https://image.nostr.build/e5b3604eb060767d415addbbd0eb54d255de4e6cb6406d4b04d18e5d316cda31.jpg

2023-10-17 01:22:00

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Over the years I have had my share of commentators opining on what I should or shouldn't do with my businesses/technologies, and I am richer for not listening to them.

2023-10-16 23:04:31

Capitalism is not immoral. Do not bring pastoralism or luddism to my feed. Capitalist enterprise is the only sustainable way to transform the nature of the world. I wish it were obvious. I wish I had no alpha, for it would already be done.
#nevent1q…ru2z

2023-10-16 18:00:00

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Or maybe have some situational awareness of the world, realize not everything is about you, and that you are a mimetic LARPer as you shared an image pushing various unhealthy high linoleic acid fats. Heuristics are great, for you. Here's another one for you, Chesterton's Fence. Now get out of here.

2023-10-16 17:51:26

Do you also hate toxic seed oils?
Tell people about bitcoin, and they might buy some. Tell people about this, and I might be able to restore human health in the world. We'll see.
https://trylola.com

2023-09-27 17:47:41

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If it were in a 2-of-2 multisig where you get part of it as it is paid off, there would be no problem. Try the calculator.

2023-09-27 17:21:16

Fuck this anarcho-tyranny... I wonder how many decades it will last.
Bitcoiners can barely wrap their heads around standard of value -- hard to be bullish on effective private security and rule-of-law services becoming available all that soon.
#nevent1q…gn87

2023-09-27 16:51:34

Shortly before my Twitter account was obliterated by a fiat egomaniac, I wrote a thread laying out my predictions for how a bitcoin ETF could underpin a fiat 2.0 that purports to be atop (fractionally reserved) bitcoin. Here is the 12 part synopsis:
1. Operation Chokepoint 2.0 made Utah ILCs and other banks of the style that underpin lending startups unwilling to touch "crypto".
2. Before that, it would have been plausible to start a business that originates fiat loans for the purchase of bitcoin (sort of a layaway/mortgage style).
3. If the bitcoin were held in a 2-of-2 deadlocked arrangement between customer and lending company, it ensures company cannot rehypothecate, and ensures the loan is at least eventually paid off.
4. It is a great business, and as the calculator on https://faucet21.com shows, it allows people to end up with a lot more bitcoin.
5. As companies like Swan, Unchained, Strike, and River with mediocre business models chase greater revenue for investors, those companies and others will build lending tools like this, but for a bitcoin ETF rather than bitcoin.
6. In this way, they can gain 10x higher fees on 10x the investment capital (note, this is effectively the money printer getting connected directly into bitcoin purchasing) all the while triggering NGU. I anticipate the ETF will actually be 1:1 for a long time because there is an end game.
7. It will become the standard for noobs to get in this way and the bitcoin price will rise into the millions -- most influencers, podcasts, and conferences will dismiss the problems due to NGU.
8. Then when the bitcoin ETF rivals the pension or housing bubbles, perhaps even just low tens of trillions, the 6102 will be announced, and the ETF will turn into fiat 2.0.
9. There will be a conversion window turning all fiat 1.0 into fiat 2.0 (maybe all tied to a central federal reserve account that individuals have access to), so there is your first large chunk of devaluation.
10. There will be top down attempts to force all contracts to be denominated in fiat 2.0 -- large companies will pay salaries in it, BlackRock will rent houses in it, and fiat cash will be eliminated for total surveillance.
11. If it does not fall within days to weeks, fiat 2.0 will fail shortly thereafter as it trades at a significant discount on the international markets due to its market estimated amount of underlying bitcoin combined with huge counterparty risk and lack of auditability.
12. Nations that minimize the violence and theft they carry out in this tumultuous time may emerge as new global Schelling points and private companies will step in to further stabilize these regions by providing voluntary rule of law and insurance services.
Many will be rekt, bitcoin will be fine
Tick tock, next block

2023-09-26 21:22:47

Anyone have an idea of what will bring more users to Nostr? Based on NostrBand Stats, the real users have been about 8k for past 6 months or so. Totally sideways.

2023-09-26 13:57:42

Well, it finally happened, that fiat scumbag kicked me off his grifting platform. Has Nostr improved much in past couple months? Seems it's been a bit sideways in terms of adoption.
https://image.nostr.build/5b843069da19895e724919f3411283dfe92f05cd5453741592e9135154b1ed38.jpg

2023-09-20 22:31:26

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Hope to see you there, Jack
https://heaviside.substack.com/p/the-forgotten-fourth-function-of
https://image.nostr.build/70c69545b545f2631f758cc9355921b1a37b815ea5be3e6f9b539ca4250599b1.jpg

2023-09-02 22:26:01

Please help me find more online bitcoiner-run businesses. I am building a directory with this criteria: 1) no shitcoins other than fiat; 2) not-bitcoin-specific products; 3) no KYC auto-conversion to fiat; 4) can ship to >100mm people.
https://stacker.news/items/242308

2023-08-03 20:32:58

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Incredible what is possible when you gouge customers on fee to compensate for your inability to manage fraud risk

2023-07-07 21:38:20

What's in your cold storage arsenal?
https://nostr.build/i/4323b0cc1f8ed2e79400218d258fcfbcd7cb5d50b446273db90ab23f265c80df.jpg

2023-06-25 02:37:42

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Why strip? Ribeye is superior. If you want something leaner, flank steak or bavette is more flavorful.

2023-06-09 18:11:50

Don't zap me. Byte me.
https://nostr.build/i/97087887056ac196bb49f583a97af6cfa7dab5346620753a2cce412575f1ffc8.jpg

2023-05-29 23:30:39

All right, let's see how my attempt to restart carnivory goes.
https://nostr.build/i/5a6716aa6b594337cc7065cf65edf5725cc9bed10f68cf919f1449ed1d42d493.jpg

2023-05-27 14:55:05

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~100 or so iirc

2023-05-22 05:39:16

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Well, I include that in hardware device since you would probably run it on a raspberry pi zero ;)

2023-05-22 05:34:24

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You still need to rely on hardware device for that

2023-05-22 05:28:42

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You can also grab your entropy by the balls. No further verification needed. 🤙
https://21baller.com

2023-05-09 16:02:52

A Nostr relay will become the next Delaware
Will not explain

2023-04-17 02:12:06

I can't believe the way we used to live
https://i.imgur.com/632q1rW.jpg

2023-04-15 00:34:02

After fiat dies, people will invest their bitcoin foolishly and lose it until the world reaches a state in which the general foolishness level is rather low, and then a new threshold for foolishness will be established. Alas, the first "iteration" may take many decades.

2023-04-08 19:15:35

#[0] recommend 420

2023-04-01 15:59:42

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Good article and in principle correct, but I disagree with both the "rule of thumb" and general conclusions around risk.
At a first glance, it appears sound, but the flaw is that bitcoin is actually the *only* thing in the universe that is perfectly ELASTIC, whereas "fiat liabilities" always have optionality and inelasticity. In practice, you always have the choice to not spend bitcoin... how painful that is depends on circumstance, but to suggest fiat liabilities simply "liquidate" bitcoin as if it were automatic is disingenuous.
The variance across circumstance is rather large. Moreover, I would say the biggest mismatch is in the opposite direction most of the time. The real mismatch is the perceived circumstance one thinks one is in and how they imagine it might play out. People are overl fearful, yet will put zero weighting on the possibility of their fiat going poof overnight, say, due to being personally targeted. Low, but not zero risk.
The more compelling and robust version of this article focuses on the corporate balance sheet where the liabilities are more pressing and much shorter duration. Similarly, the elderly retiree. From the mismatch problem it can be pointed out that an index that actually tracks the liabilities directly would be superior to fiat. You want food? Ok, you are a fool to only hold dollars and zero CALM shares for food you want in 3 months for fear of volatility, especially if you want to eat eggs.

2023-03-27 06:37:32

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Ran a drill through yourself? Now that's really considering the edge cases. I can't say for sure I'd be able to recover my keys if I run a drill through my head so hopefully that doesn't happen.

2023-03-26 21:39:08

Who is building MyDukaan on Nostr? 🤔
https://i.imgur.com/VAiiAZy.png

2023-03-25 15:33:18

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And damnit it's not "silicone" 🤦‍♂️

2023-03-25 15:32:29

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The *implicit* error in your premise is thinking that mining is somehow special, and it is not.
EVERY technology and business must minimize input energy costs that go intot the thing being done. Bitcoin ensures that choices are made in this direction over time, by impoverishing those who fail to lower energy costs quickly enough.
HOWEVER, if every bitcoiner refuses to understand the fundamentals of technology itself, we will see fiat thinking repeated on bitcoin until bitcoin does its thing, via negativa, and the foolishness is drained out. But the foolishness can only drain out if there is somewhere for it to drain *toward*. And if 99.99% of the planet (really, the coins) insists in idiocracy (including OGs), the exit will be a small, slow one and civilization will slosh around in foolishness for 200 years!
Do people have the free will to choose a different path?

2023-03-25 07:35:18

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No. Gold and silver acted a bit like on-chain bitcoin and Lightning in some ways: gold was simply too valuable for micro transactions such as buying a drink since it's hard to physically move, store, or measure a tiny fleck of gold.
As soon as you can operate purely on s2f factors via credit and checking banking by which the volumetric value becomes irrelevant, you have a fractional reserve so you are not *really* on a "gold" standard.
If you want to understand more about coinage, William Jevons' *Money and the Mechanism of Exchange* from 1875 goes through mind-numbingly excruciating detail of the compositions of all sorts of coins.
Anyway, the key takeaway is that silver still had monetary advantages over gold in some dimensions (divisibility), but neither has any advantage in any way over bitcoin. Nor does any other monetized asset class such as equities or real estate have any advantage over bitcoin within any narrow domain, so 100% all monetary premiums will be absorbed by bitcoin. RE & Equities have a monetary premium of >2x to put a conservative floor on it.

2023-03-17 05:10:12

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This is extremely dangerous to our democracy. Someone remove this racist hate speech. #NostrEndsDemocracy
#[0]

2023-03-11 18:51:10

Apparently I'm a left curver now 😂
https://i.imgur.com/UMq8Mpp.jpg

2023-03-11 15:16:20

It's fiat economics 101 weekend
https://i.imgflip.com/7e4544.jpg

2023-03-10 07:49:06

Want sats? Reply with a meme and stay on Schelling point reply chain. 69 sats for each reply. The fifth to last person on chain when contest ends on 3/10 8 PM PST wins 21,000 sats + 50 sats per reply. Multiple replies allowed, but not 2 in a row. No bots/Sybils. Let the meme games begin.

2023-03-05 21:00:10

People make comments that are far too flippant. I would gladly turn on a mode where I have to pay 100 sats per note and everyone else does to (perhaps it could be a toggle and continuously variable on a per note basis). In the traditional, tribal world, there is a true opportunity cost to one's words since you have a limited time with a limited number of people to share your thoughts. The internet removed that scarcity, so people shout aimlessly and arrogantly.
When one's thoughts are costly and hodl'd it is easier to hear those who are sincere. Spam is not a binary problem, it is an analog problem. "Well said" or "you're amazing" as a note response to a "celebrity" is actually a form of spam.
Accosting Michael Saylor IRL to say "thank you so much for what you do for bitcoin" is spam. You will not learn or humble yourself, but costliness will shut you up so those who have something to communicate about can do so efficiently.

2023-03-05 18:15:11

Nostr-pilling may progress far more swiftly than orangepilling primarily because "buying in" does not require *buying* in.
https://i.imgur.com/kpYp8HW.png

2023-03-05 06:52:58

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Well I'm actually more interested in a marketplace for certain types of *labor* of the variety where the tasks are highly commoditized, repeatable, legible, predictable, and most importantly, discretizable -- if you have a series of labor transactions where you need each thing to work such as paying a developer to build an app, there is risk at the size of the entire project, but for a delivery of a physical item, risk is bounded, acceptable, and low enough that it can more easily be overcome through costliness of breech of contract.
Why not http? Nostr is better for real time, dynamic interactions that combine encrypted DMs, the critical relational aspect that allows trust, easy payment integration, and mutability resistant and Sybil resistant transaction history. Also eliminates single point of failure.

2023-03-05 06:06:46

A delivery app for anything is probably a good marketplace app for nostr. Rather than selecting different items, the requests are placed in text format: e.g. [2 lbs ribeyes, 1 lb butter, 1 gallon raw milk, and a Makita impact driver]. Zero collaboration with stores, no browsing for cleaner UI, just know what you want. The note includes geolocation, order parameters, and allows runners to filter for their area. Different bid/ask approaches are possible.
When a contract is agreed upon, the buyer zaps the runner the fee amount (say $10). The runner then purchases the items and physically delivers the items. An image of the receipt could then be posted to Nostr on a thread for the contract. Then upon physical hand-off, the buyer zaps the receipt note with the stated amount (and can include a tip).
In the event the buyer breaches the contract, the runner retains possession of the goods, and may even be able to return the goods, while also keeping the fee that was paid up front. In the event the runner fails to deliver the goods, their reputation will prevent them from continuing in this line of work with that ID, and bootstrapping a new one will require taking a number of much lower profit orders.
Rather than relying on a 3rd party to decide platform or deplatform in a binary way, everyone can chose who to interact with, and it can be done in a ranked way. For instance, you might choose to bid more for people with higher ratings, which then incentivizes people do things continuously better rather than merely acceptably. The images of receipts and some heuristics around those may suffice to have very high Sybil resistance.
The client could have a tool for filtering notes such that it is easy to verify a history of transactions, and you could even have parameters for degrees of trust in a single click. The client would also have a price conversion showing the dollar amount matching the sats sent at that time, and you could even have it hooked up to an image recognition AI service that extracts the total on the receipt to auto-generate an LN invoice.
Since the threshold of trust is lower than the transaction size, and only needs to exceed the value of the fee, it seems relatively easier to bootstrap, and perhaps could be bootstrapped fairly easily with a vouching system that does not need to be overly complex since after a few weeks of history, it no longer needs the vouching of others to remain trustworthy. I think this might fulfill the concept of a fully transferable relational contracting capability.
This allows delivery of restaurant or grocery food or any other IRL item. It also is structured in such a way that it allows the purchase of bitcoin by runners at a negative rate since they can use a credit card when buying. One challenge however is that runners may need to quickly turn their bitcoin back into dollars since the sort of people doing deliveries might not have enough liquidity to cover a day's worth of shopping.
Am I thinking about this correctly, or do I have something off? Is there a good way to monetize this with any amount of defensibility? Maybe a highly reliable client that charges a very small rake on fees? Perhaps partnering with LSPs? Of course, does have some privacy challenges, though you would use a separate keypair from your primary ID as a starting point.
My general view is there is a sweet spot of latency for a good first marketplace product: e-commerce, craigslist, UpWork, or Airbnb and you don't actually need Nostr quite as much; ride-share, and it's hard to have good UX without critical mass and more precision around mapping and dispatching probably harder; it also seems easier to bootstrap than plumbing, painting, electrical, auto repair, or the like, but that would likely be a good follow on.

2023-03-04 20:42:10

When you're off of Nostr for half a day and there's something completely new that everyone's talking about like "badges" and you don't want to be the one person who has no clue what's going on.
https://i.giphy.com/media/32mC2kXYWCsg0/giphy.webp

2023-03-04 07:18:00

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So if someone joins Nostr, they're in Iran, and I zap them a few sats, I'd go to jail? 🤔 Maybe if bitcoin were money, but it's not.
#[0]

2023-03-04 00:25:40

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With where Anchor Watch is headed, you will face adversaries and lines of attack far more menacing than anything I could ever see.
That which can happen, will happen. Whatever is correct shall manifest. I know you know there are tradeoffs, and my pointing one out is actually an expression of bullishness for impact the company will end up having... what the net effect will be I am not sure.
As modern nations weaken, there will be a transition. States will eventually lose their special role and become ordinary corporations while the ordinary corporation itself will be dramatically transformed, with complex operational financial management built around miniscript tools like Trident, and perhaps coupled to Nostr reputational identities somehow.
If AnchorWatch becomes the proto-"state" that replaces the state in a protracted interregnum, it "should" be "attacked" mimetically as part of striving toward the ideal of freedom and privacy even if it takes an additional century.

2023-03-03 23:28:28

Insurance... "needed" for "institutional" adoption, or an attack on privacy & sovereignty? 🧐
https://i.imgur.com/W9yl6A0.png

2023-03-01 00:47:52

All right #[0] reply here and I'll zap 21k sats.
https://i.imgur.com/G3pZ52V.png

2023-02-27 15:08:58

When I wake up and find out Twitter has locked my account because I said mean words to someone, but I would have been on Nostr soon enough anyway.
https://i.imgflip.com/7cmful.jpg

2023-02-23 04:30:28

Who will launch the first Nostr Relay into space? 🤔

2023-02-22 02:51:53

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How do I find the tip though? 🤔
#[0]

2023-02-19 21:14:38

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Wow, you're really obsessed with Judaism. I didn't even know that word. Careful, onlookers might think you're even more Jewish than me... In fact, can you prove that you are not Jewish? 😂🤣

2023-02-19 20:38:17

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Bold of you to assume there is any sort of tribal allegiance rather than nothing beyond the infinitely corrupting love of fiat.

2023-02-19 20:29:17

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The "observations" actually line up even better if you say "white privilege". Zoom out. 8 billion people, and the small fraction that control access to money printer are pretty much all white.
Doesn't seem like a joke. Not something I think about at all until others bring if up. Though given being of Jewish descent in the first half of the 20th century had a mortality rate matching climbing, it behooves me to take even jokes seriously.
My grandmother barely escaped Germany before the Nazis had control... the ship's captain actually refused an order to search the ship just before the departure (don't forget, the Holocaust was state theft of funds in order to fund war, the anti-Semitism was just convenient rhetoric for robbery of citizens). So I have the genes of the group that decided to be overly cautious. 🤷‍♂️
https://www.rockandice.com/wp-content/uploads/2017/09/annapurna_summit.JPG?crop=1070:602&width=1070

2023-02-19 20:06:26

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Great. Let's use the correct parameterization, which is specifically, *central bankers*, and their power exists with the buy in of all sorts of people all over the world who work in finance or simply hold fiat. Over-categorization to try to infer and predict, and the belief that it is possible to make such sweeping generalizations is the central pillar of statism.
The evil that exists in this world is emergent and evades categorization. As someone who is Jewish by descent, I can tell you that I was never invited to any world-control meetings, and I was screwed over by the fiat world rather than being given access to the money printer. As the son of immigrants, I did not have the connections that would have made it far easier to obtain venture capital.
Moreover, taking a historical perspective Jews were cut out from participating in economic activity and were not left alone. They were pushed into fiat by being cut out from various other trades, and that they happened to excel in fiat may just be that perpetually being murdered made us smarter -- this would explain why there is an overrepresentation across all skills, Nobel prizes, myself being a co-inventor of the strongest aerospace parts technology in the world, and so on. So perhaps I should thank your sentiment existing in your ancestors that helped make me into what I mean. The sins of those who used their intellect for evil are not my sins. I am an individual, not a branch of a collective.
Taking a historical perspective on monetary transitions, the demand for a credit and checking system to enable more efficient economic trade than directly operating in gold seems like it was likely always inevitable. It is hard to imagine a world in which paper credit and checking would be done honestly for 100 years until "Bitcoin" could be invented. Imagine 100 simulations and tell me, does it happen in even a single one? The industrial revolutions that precede a modern era of networked computers obviously must happen a number of decades after operating directly in gold becomes untenable
I also want to be left alone, and my people are one that perhaps have been the least left alone for millenia so I do not know why you would see me as your enemy.
https://m.media-amazon.com/images/I/51zy6SoQUsL.jpg

2023-02-18 23:01:59

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Identity politics maxis such as Stoney are collectivists. Identical in most ways to a leftist statist, but with a charge reversal. Even under Bitcoin and Nostr, the collectivist cravings persist. Perhaps they will only die off after a few generations. Emotional, irrational hatred of Jews signifies weak mental fortitude and typically low IQ, low literacy, and stupid people are easy to compromise.
https://i.pinimg.com/736x/ab/e8/47/abe84744e00a9495f40384485e563d32.jpg

2023-02-14 05:53:37

Remember Nostr before the growth farmers got here. I 'member
https://i.imgur.com/xpM3sYq.png

2023-02-13 20:24:30

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Yes. You will have a much better experience with a few paid relays. @note14unywklms9zlug9k9y3e8j87uh8wk9sn3ukqunve9w3gl8hzqsmq2pdm5l

2023-02-13 16:37:22

When the parasite Cantillionaire class says the quiet part out loud. Excellent summary of the fiat standard.
https://i.imgur.com/7IfzHP5.jpg

2023-02-09 02:17:49

"you are unable to follow"
Musk doesn't want me to be able to witness the observations of #[0]
I only follow about 550 people, and I don't think I followed anyone today. Wild stuff.
https://i.imgur.com/hEEpof7.jpg

2023-02-06 23:42:50

Are paid relays not grabbing info from the larger unpaid relays? Seems info is getting dropped left and right. Half dozen paid relays on Amethyst, missing replies, and showing 10 followers as opposed to ~300.

2023-02-04 20:34:45

👇
https://i.imgur.com/X9WUDYj.jpg

2023-02-01 00:18:54

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Have you checked relays? Maybe need to use fewer, that can slow things down

2023-01-29 15:57:41

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I told someone the other day I hit 200 followers when #[2] hit 10k, and he has 6.5m followers on Twitter, so that basically makes me a 100k+ follower influencer account of nostr 😂

2023-01-18 23:07:21

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1. The notion of backing is related to the use of physical objects as economic/monetary goods, which exhibit poor divisibility, slow and costly assayability (verifiability), and slow, costly settlement, especially over large physical distances. Hence, the emergence of checking and banking where slips of papers could act as pointers to some other object. With bitcoin, the bitcoin itself is easy to move, divide, and verify so it is possible to use the *thing itself* rather than a trusted 3rd party. Saying it is "backed by energy" is an idiotic thing LARPers with a poor understanding of bitcoin say as a ritual.
2. Nor can you use any currency, digital or physical to purchase things almost everywhere in the currency. Consider all possible pairs (e.g. a slightly crumpled $20 US credit bill in a Bolivian grocery store, an Argentine peso bank acct in Sweden, etc). Using local script is for peasants and slaves, which the person you are talking to may strongly identify with. If he is not, he will understand that he would never hold his entire net worth in dollars rather than "investments".
From this it becomes clearly the only real question is liquidity and latency to obtain the asset of interest to your counterparty at the point of sale. It turns out it is incredibly easy to turn bitcoin into dollars, especially for people who are not turning over >50% of their net worth on a daily basis.
3. "Too volatile" is not an argument. It is volatile. This is a fact. If someone walked up to you and said, "flip a coin: if it lands on heads I shall give you $100, but if it lands on tails, I shall give you $100 million dollars" would your friend say "no thanks, that's too volatile for me"? I think not. Questions have answers. Ambiguous, qualitative, interjections do not. I do not dignify low effort exclamations with "debate" -- sometimes upon feeling embarrassed, sincere inquirers will figure out there is something else they wish to ask.

2023-01-01 08:27:59

I just checked the Chinese Zodiac calendar, and apparently, 2023 is actually the year of the nostrich 🤯 TIL.
Happy New Year, everyone! 🥳
Looking forward to the liberation of discovery & topology of information on the internet with the "next printing press" we have here. 🥹🚀
https://nostr.build/i/1070.png

2022-12-25 03:44:43

Just saw the most amazing 90 second explainer video for nostr. Will be sending this to people next time they ask me to explain nostr to them. Has this been shared here yet?
https://www.youtube.com/watch?v=dQw4w9WgXcQ

2022-12-20 22:19:26

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By using them during the day. The brain runs on contrast largely in determining day vs night. Indoor brightness levels are 100x dimmer indoors than in sunlight, and then 100x brighter artificial light in evening... so 10,000x drop in signal. Lux is a BS metric. Melanopic lux. 👌

2022-12-20 20:44:23

Is it bad form to shill stuff here?
I build high power LEDs to help improve sleep, alertness, mood, and very high power density near IR for acute injuries / wellness. Every product originally a DIY thing I built for myself. Bitcoin/LN payments accepted.
GetChroma.co