/ IL_V is on Nostr

"675d02c7472e4926a0462672bff7086f3d17240655b612468496b2689a1236baeb80bce1ee4afdc732d086ce3f7eb3986a154986b007b25e25fe2b9444cb5ffd"

Last Notes

2024-09-16 14:23:15

Censoring AI to average people based on hash power. I.e you can only use ai with so much hash power. Anything over that is not for you to use.

2024-09-11 07:04:54

Does bitcoin constantly need to be under attack in order to remain strong, decentralised and anti-fragile?

2024-09-03 16:45:38

Any centralised system is like an addiction, because it makes the experience extremely smooth and simple. Think of X vs Nostr.
This idea ties in nicely with Bitcoin mining where miners are dependant on a centralised pool (antpool or foundry) to guarantee payouts regardless of whether a block is found or not, which keeps the cashlow of the hashers steady. The same idea as a monthly salary, a nice drip that prevents volatility on the balance sheet.

2024-08-30 15:49:02

Spam is always protocol valid. If you get too much spam on email the email becomes unusable. If u get too many spam phone calls the phone becomes unusable. The same is with the blockchain, if its full of non financial data done intentionally by the attackers and many are too ideological to separate the difference.

2024-08-29 16:14:56

A soft fork is like adding a new word to a language. A hard fork is like re-defining an already existing word. I.e Table now means something else.

2024-08-28 06:16:34

- reply

I just did this right after waking up. What an experience. Thanks!

2024-08-27 08:08:46

From 1980 till the end of 2023 the inflation adjusted return of gold is Negative 4%. Lol.
No second best.

2024-08-27 07:13:36

Bitcoin creates an actual opportunity cost.
“Should I do X or buy bitcoin” X being hire more people, take a holiday etc.
“Is the work you’re going to produce for the world more valuable, than saving the work you have already produced” Money Matters podcast 27.08.24

2024-08-27 07:08:58

“If my time on Earth was infinite it would carry no value to me.” J. Mallers

2024-08-25 12:36:15

You cannot have infinite money (printed forever) in a world where the resources are limited. (Can’t be printed forever)

2024-08-23 07:39:29

Bitcoin had to emerge during a period of minimal trust towards institutions. Otherwise it wouldn’t be adopted.

2024-08-23 07:17:05

We are in a society now where young people have no hope.
Yolo mentality and sports betting along with the anxiety and prescription medication for the same is the general idea of how an average young person lives their life.
You cannot have a society where young people are not hopeful.

2024-08-23 07:12:05

Here I will be posting some notes and insights from various podcasts/books. For future reference.

2024-06-12 19:03:29

Wassup