Nathan

Cohost of the I’d Rather Be Right podcast. #Bitcoin

Public Key

npub1emycpzamqz7fc04tfshj862ypf02wafqrdj6rprzh3mssr3euvmqzs5axc

NIP-57 Address

pinkstarfish1@primal.net

Profile Code

nprofile1qqsvajvq3wasp0yu8645ctera9zq5h48w5spkedps33tcacgpcu7xdspz4mhxue69uhkummnw3ezucm0d9hx7uewd9hshfn4vy

Publishing to

nostr.coinos.io

Author Public Key

npub1emycpzamqz7fc04tfshj862ypf02wafqrdj6rprzh3mssr3euvmqzs5axc

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Last Notes

2024-08-13 02:23:27

@npub12qx…q8u9 discussing the important of #Nostr in his new book.
https://m.primal.net/Jxsa.jpg
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2024-08-07 03:21:28

I think Bitcoin, in the long term, will positively impact politics & shrink DC.
But until then politics matters.
It impacts your life & it impacts the lives of others often in ways that have lifelong consequences. Dismissing it completely is foolish.
Don’t believe me? I'll leave it to @RobertACaro who writes the following in chapter one of his new book "Working" (midway through I'll substitute "political power" w/ "politics” in brackets):
————————————————
People are always asking me why I chose Robert Moses and Lyndon Johnson to write about. Well, I must say I never thought of my books as stories of Moses or Johnson. I never had the slightest interest in writing the life of a great man. From the very start I thought of writing biographies as a means of illuminating the times of the men I was writing about and the great forces that molded those times-particularly the force that is political power.
Why political power? Because [politics] shapes all of our lives. It shapes your life in little ways that you might not even think about. For example, when you're driving up the Triborough (now Robert F. Kennedy) Bridge in Manhattan in New York, you may notice that the bridge comes down across the East River in Queens opposite 100th Street. So why do you have to drive all the way up to 125th Street to cross it, and then basically drive back, which adds almost three totally unnecessary miles to every Journey across the bridge?
Well, the reason is political power. In 1934, Robert Moses was trying to get the Triborough Bridge built, and he couldn't because there wasn't enough public or political support for the project. William Randolph Hurst, the publisher of three influential newspapers in New York, owned a block of tenements on 125th Street. Before the Depression, the tenements had been profitable, but now poor people didn't have jobs, and couldn't pay their rent. Hearst was losing money on the buildings and he wanted the city to take them off his hands by condemning them for some project. Robert Moses saw that the project could be the Triborough Bridge, and that's why the bridge entrance is at 125th Street. That's a small way in which [politics] affects your life. But there are large ways, too.
Every time a young man or woman goes to college on a federal education bill passed by Lyndon Johnson, that's [politics]. Every time an elderly man or woman, or an impoverished man or woman of any age, gets a doctor's bill or a hospital bill and sees that it's been paid by Medicare or Medicaid, that's [politics]. Every time a black man or woman is able to walk into a voting booth in the South because of Lyndon Johnson's Voting Rights Act, that's [politics]. And so, unfortunately, is a young man-58,000 young American men-dying a needless death in Vietnam. That's [politics]. It affects your life in all sorts of ways. My books are an attempt to analyze and explain that power.
https://amzn.to/4dcNVRk

2024-07-23 17:38:22

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A case would be dope. Maybe @npub1lrj…zvrj can make a case for the #bitkey? And add a strap hole for it?

2024-07-23 04:15:20

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It hasn’t stopped me. I just say it. People are cool with it or not. This includes family, friends, coworkers, and strangers.
Honestly, most people don’t care one way or the other. A small percentage are either enthusiastic or yell at you. 🤷‍♂️

2024-07-23 03:11:58

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There’s a currency display setting in the settings. But I don’t think that changes how much you can use w/ mobile pay. I’m pretty sure the limit is a fiat limit. When I toggled between USD, EUR, and GBP, it was always 200 fiat units. I don’t see how to make it a bitcoin/sats specific limitation. (I’m on iOS. So maybe it’s different on android?)
I kinda wonder if it was built with the plan to just add lightning to it.
And yes, I’d like if it I could add a few more fingerprints. (5 would be great instead of 3.)
Cc: @npub1sg6…f63m

2024-07-23 02:58:31

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Makes sense now. Thanks!

2024-07-23 02:42:00

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Here: https://primal.net/e/note1qg7rkldjsfgaqavk92k5gvmynr77rm05tvkxvw5pu8t3telwvjyqtz752m

2024-07-23 02:40:34

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For 6, are you saying you can’t just recover the whole wallet without a bitkey?
Because I think that’s correct. So it’s probably worth buying an extra.
And yes, I’m fighting the $200 issue now. See my posts from a bit ago.

2024-07-23 02:36:22

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It’s denominated in dollars though. I would presume it adjusts based on the dollar price of bitcoin.
And fees may not be that low forever.
I still don’t get it. People should rarely be sending .00296605 bitcoin on chain.
https://m.primal.net/JauA.png

2024-07-23 02:15:35

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*UTXO. Typing fast and making mistakes. Mistakes on NOSTR are so fun. It’s a place where they never die and haunt you forever. 😂

2024-07-23 02:04:47

@npub1sg6…f63m: I just received my Bitkey and I set it up.
I’m wondering how the Mobile Pay function actually works.
Is it working with Cash App and making a credit & then settling up on chain sometime later?
Otherwise I can’t see why 1) there should be a $200 limit and 2) why there should be an ability to send $1 (who should do this on chain? Nobody!), and 3) why it’s (only) in dollars and not #Bitcoin or Sats.
I don’t want a bunch of small UXTOs. And I don’t think we should be suggesting low information bitcoiners should do so either.

2024-07-16 22:40:22

Guess the answer to the #Bitcoin trivia question without knowing the question.
For background, this is general bar trivia.
My guess: Satoshi Nakamato.
https://m.primal.net/JTNo.jpg

2024-07-15 18:05:01

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Today. $1 million today will be worth a lot more than $1 million in 5 years.

2024-06-07 16:27:07

@npub1sg6…f63m: I can buy Semler Scientific (“SMLR”) on Robinhood but not Cash App. Any chance we can fix that? I like supporting fellow #Bitcoin equities by owning some of their shares and want to do so on Cash App, not Robinhood because I don’t trust Vladimir Tenev & Cash App is a real Bitcoin company.
https://m.primal.net/IcIq.png
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2024-05-20 21:03:52

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https://www.judiciary.uk/wp-content/uploads/2024/05/COPA-v-Wright-Judgment.pdf

2024-05-20 21:03:36

The humility and ethics of Satoshi are obvious to all who read his writings.
He was (or is) a humble person even though he was (or is) a genius.
Some people think we are living in a terrible timeline. But this makes me think we are living in one of the better ones.
https://m.primal.net/IIwx.jpg

2024-05-15 19:16:21

https://apple.news/AI3mH2Q4nQPa-ZGG8NXeatQ
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2024-05-10 22:38:10

🤣
(No, I can’t and won’t try to explain how the group chat got here.)
https://m.primal.net/IFUg.jpg

2024-05-10 22:23:45

https://m.primal.net/IFUV.jpg

2024-05-06 16:47:40

Bitcoin is a Rorschach test.
You see what you want.
https://m.primal.net/IDuc.jpg

2024-05-05 17:50:29

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https://www.washingtonpost.com/dc-md-va/2024/02/25/legos-washington-artist-dulles-kennedy-center/?utm_source=facebook&utm_medium=acq-nat&utm_campaign=content_engage&utm_content=WAPO_DRX_CONTREM_COUSA_FB_SO_WTRF_CONTNPROMO_SITEV_30030DCPC_1PCD_XXXX_REGNONSUBSDCM_X1865_STDCX_AXXEN_FBIGOA_CPMR_CT_EN_PG_ACLINKS&fbclid=IwAR2RC4is6Nq861o1V45yq-imboNl-5Vv-R6bTAMcy5d7U3U4RtAipmwX5EY_aem_AQS6xJnfW4hFL6X6uYq09blu6Y8cUkQqhViKiVAxV4D6dl1_uFaSSciGeLOsexFIuQ7DhZ1YClW-QTfYxmU_v8Ma&utm_id=6564799303227&mibextid=QwDbR1

2024-05-05 17:50:19

@npub1mm0…nm32: do you work with Lego artists? Haha
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2024-05-04 16:24:47

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I read the Ashlee Vance one. I enjoyed it. I haven’t gotten to the Walter Isaacson one yet.
But that’s not at least 50 years old!
I’m really trying to compile a list of great books that have survived the test of time and clearly aren’t being recommended because they are the new thing. I also worry we’re all engaged in group think, just reading the same best sellers. Bitcoiners read a lot but I worry we’re all reading the same thing creating a bubble.

2024-05-04 16:20:04

What’s the best fiction and the best nonfiction book you’ve read that’s at least 50 years old? 📚
(Not including the Bible not Quran. Those are pretty common answers.) #Bookstr

2024-05-01 00:31:56

@npub1mm0…nm32 has made me think about the importance of patrons on the world. Here is another example but it wasn’t called that. #Bookstr
https://m.primal.net/IBpj.jpg
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2024-04-27 19:08:24

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Different areas of law & the unique properties of bitcoin.

2024-04-27 18:10:45

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Can you provide a link to the response?

2024-04-27 17:10:47

Everybody, it’s the change the name of your family group chat to “The ₿itcoin Chat" challenge. Let's see what kinda trouble we all get into. 😂
https://m.primal.net/IAdY.jpg

2024-04-21 20:02:33

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Your

2024-04-21 20:02:28

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Set up you lightning wallet!

2024-04-17 01:16:42

Texas isn’t the freedom and private property rights utopia many Bitcoiners think it is:
https://ij.org/press-release/supreme-court-says-texas-ranchercan-sue-over-flooding/

2024-04-15 00:22:08

In the wake of Japan’s 🇯🇵 attack on Pearl Harbor.
https://m.primal.net/HvMe.jpg

2024-04-11 02:33:07

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I don’t trust anything that isn’t from a Dan on Nostr. Be a Dan.

2024-04-10 16:24:53

How does dan have both the absolute best and the absolute worst takes?

2024-04-10 16:17:24

The Den of Dans is open & permission-less. The Council of Bens is elitist & exclusionary.
Join the Den of Dans today!
#note1m5g…j4tf

2024-04-10 15:46:32

This is a petition to rename #NOSTR “Den of Dans”.

2024-04-10 15:14:31

Let’s bring this #Dan bit to Xitter and see how long it takes before Dark Brandon becomes Dark BranDan.

2024-04-10 15:11:20

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Except CSW.

2024-04-10 15:08:52

We are all #Dan. (Except CSW.)

2024-04-08 20:18:31

🤣
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2024-03-29 00:53:42

Of all the worlds we could live in, it still amazes me we live in this one.
This a world🌍 where not only was #Bitcoin discovered but Satoshi acted completely ethically during both its creation and release.
It could have, and probably probabilistically should have, been very different.

2024-03-21 03:49:11

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I’ll wait then. Right now, I know they’ve got a plan that while messy & not as great as I (or, I suspect they, would like, will allow for recovery.

2024-03-21 03:44:32

Is there any inheritance/estate planning mechanism with #Bitkey? Can you add more than one person’s fingerprint?
It’d make a lot of sense for some folks I know but I hesitate to recommend it without a way for their family to recover their funds if they pass.
Cc: @npub1sg6…f63m

2024-03-20 00:43:29

It was fun!
#note1ejd…x43h

2024-03-09 05:27:44

Currently, this is my favorite chart.
$MSTR vs the Magnificent Seven & #BTC from the day MicroStrategy announced their first #bitcoin purchase until today.
That’s the power of putting your company on a bitcoin standard & then intelligently using your access to the capital markets to buy more bitcoin.
https://m.primal.net/HjCC.png

2024-02-28 17:22:57

It’s official.
You would have been better off buying $MSTR on the day they announced their first #bitcoin buy than buying $NVDA.
And #bitcoin isn’t close to a cycle top yet.
#Bitcoin > AI.
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2024-02-26 20:57:06

The real flippening is nigh.
https://m.primal.net/HfSj.png

2024-02-23 05:31:33

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more context:
https://m.primal.net/HebZ.jpg

2024-02-23 05:13:17

Politicians interfering with the free market is as old as our country. #bookstr
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2024-02-22 06:03:19

Stack sats & read stacks of books.

2024-02-22 02:09:45

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#bookstr
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2024-02-22 01:25:28

From "The Prize: The Epic Quest for Oil, Money, & Power" by Danile Yergin
#bookstr
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2024-02-19 03:38:14

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https://amzn.to/3UQqXcJ

2024-02-19 03:37:02

#Gerrymandering is as old as the country itself.
I don’t know if that makes me feel better or worse.
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2024-02-06 20:36:45

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Even worse, many end up in a russian prison. I'm pretty sure Putin sees Tucker as a useful idiot. (And Putin is likely correct.) I don't expect a hard hitting interview. (I'd love it if both Putin and I are wrong about Tucker but I don't think we are.)

2024-01-28 01:57:29

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I think that was an entirely new law and not an enforcement of their competition laws.
I'm really limiting this discussion to the EUs competition laws vs the USA competition laws. (If we open it up to all laws I think the USA is better).
What I'm suggesting is that this is one of the few, perhaps only, areas of law where the EU laws result in better outcomes than USA laws.

2024-01-28 01:51:22

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The EU competition laws are why apple was forced to ditch lightning for USB-C. It sounds like they will be forced to allow apps outside of the app store (definitely the EU).
I just found out I can edit messages in a group chat that involves an adroid user which is why I posted this post. I don't know if that's a result of the EU but it wouldn't surprise me if it was.

2024-01-28 00:30:58

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*Better than the USA

2024-01-28 00:28:29

This is a deeply nerdy question but does anyone besides me think that the European Union's competition laws (antitrust for those of us in the United States) have been better for consumers and thus the world?
(Note: It's possible hyperbitcoinization obviates the need for competition laws. But in the current fiat world, I think they are needed.)

2024-01-25 03:42:47

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Yep, just a political football, even for Republicans:
https://m.primal.net/HZEc.jpg

2024-01-25 01:39:03

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I agree completely.
https://m.primal.net/HZEF.png
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2024-01-15 02:55:29

If you’re not a part of at least one group chat where all of the group chat members would be fired if a transcript of it was ever publicly released, I don’t even want to know you.

2024-01-10 00:03:34

More from my friend from law school.
No, he doesn't spend his time on Bitcoin Twitter or Nostr or at Bitcoin conferences or meetups. And he lives in Amsterdam!
What I'm trying to say is there are more of us than people realize.
#note1xym…knw6
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2024-01-09 23:47:13

An unsolicited message from a good friend from law school:
https://m.primal.net/HXLH.jpg

2024-01-09 05:25:59

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Yeah, but he maintained it by keeping a clean balance sheet & keeping voting control with his class B shares that give him 10 votes vs the 1 vote per class A shares.

2024-01-09 05:23:22

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Some if them got seeded with some amount if cash so they have been buying. But my guess is the buying has been done via OTC desks or maybe Coinbase (as that's their custodian).
But the real big flows will come post approval &
launch.

2024-01-08 18:53:27

THE ONLY REASON @npub1qny…95gx SHOULD TEMPORARILY COME BACK TO X FKA TWITTER.
https://m.primal.net/HXBL.jpg

2024-01-07 15:49:22

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I've been wondering if a relay must grand access to clients to both read and write to the relay. Or could a relay exist that allowed certain users to read and write but only allowed other users to read.

2024-01-07 01:19:43

The problem with most Rubicons we cross is they aren't as easy to identify as a river. We think they're somewhere ahead of us when, in fact, they're somewhere far behind us.

2023-12-31 19:02:32

To honor the new year, I'm going to smash buy #bitcoin at midnight. Who's with me!?!

2023-12-26 19:25:10

1,089,599
And that's still way too. High.
My guess is that was the all time high for solana in #bitcoin.
#note18a9…62x6

2023-12-24 04:15:27

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🤷‍♂️

2023-12-24 03:19:52

Solana is worth1,108,880 #bitcoin right now.
No way this holds over the next decade.

2023-12-24 03:01:38

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Nope

2023-12-24 01:48:35

The impending quantitative hardening makes me qualitatively hard. 🍆
#note1gnl…evlv

2023-12-21 05:22:27

There’s no bigger betrayal than when an all iPhone group chat member becomes an android user.
This feels deeply personal.

2023-12-18 21:20:40

Does #bitcoin hit a new all time high (in USD) *before* the halving?

2023-12-16 05:20:20

As I get older (& hopefully wiser?), the more I think about how *knowing* and *understanding* are two very different things.

2023-12-16 03:16:25

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*kid

2023-12-16 03:16:16

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Seems like that’s an issue with his parents. Charge the kick market rent and for his share of the groceries and things will sort themselves out quickly.

2023-12-16 03:11:03

I’m $40,000 richer. Apparently.

2023-12-16 01:32:58

#note1kzf…hxe2
This to me is the biggest risk of ordinals. The JPEGs become child porn, & we find out later it’s a three letter agency who was doing it in purpose with the plan to attack node runners for trafficking in kiddie porn.
I think this is a very low probability event but it’s non zero probability event too.

2023-12-15 18:57:56

“[Ordinals are] God’s way of saying you’re making too much money.” - Robin Williams
https://m.primal.net/HTwt.jpg

2023-12-15 18:34:00

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There actually are though. You see some states pass laws that automatically raise or lower tax rates based on tax revenue target hits or misses.

2023-12-14 17:06:41

And it starts:
https://m.primal.net/HTqu.jpg

2023-12-13 18:32:48

This is what happens to the price of #bitcoin when your currency gets devalued by 50% overnight:
https://m.primal.net/HTlb.jpg

2023-12-12 19:30:31

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I know relay operators can allow only certain folks to join (I.e.: paid relays). Can a relay be set up so unless you pay or are confirmed you can view the relay but not post to it?

2023-12-11 03:56:31

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*must be

2023-12-11 03:55:43

“The tree of #Bitcoin must refreshed from time to time with the blood of leveraged longs and leveraged shorts.” - Thomas Jefferson on #Bitcoin

2023-12-10 19:17:10

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Ive been working on this and ultimately think that’s very high. But I price things in bitcoin. I wouldn’t pay 27,397 bitcoin for the operating company separate from the Bitcoin holdings (and whatever business flows out of the Bitcoin holdings & Saylor’s knowledge of bitcoin. I kinda treat that as an out of the money option if he starts a very successful Lightning business or something like that).

2023-12-10 17:27:05

#note14xd…srqv
@npub1qny…95gx really called it.

2023-12-09 20:30:20

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That’s definitely possible too.

2023-12-09 20:29:35

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I don’t think it achieves what the government would want, I just see it as a potential accidental outcome from bad policy.

2023-12-09 19:22:27

What’s the likelihood we end up with separate lightning networks?
Here’s how I see this happening.
The government passes a law that requires all companies who operate lightning channels to 1) know who they connect to and 2) that who they connect to is a person or entity subject to the laws of the United States.
As of right now, most lightning payments flow through one of these large companies.
This means anyone who connects to the likes of Cashapp, Strike, or River will know that the government knows who they are and they can expect to be subpoenaed to find out who they are connected to.
And suddenly we have a US regulated and surveilled lightning network and then another rest of the world lightning network.

2023-12-08 02:19:07

@npub1sg6…f63m: what if the hardware key didn’t need to be near the same mobile key whose funds it was signing for but could be near another trusted person’s social key so it could be used as a second signer? (Using similar tech as the social recovery.)
I’m thinking two trusted friend/family members exchange hardware keys and, if I’m reading this right, neither can do anything to each other’s funds unilaterally. They can just co-sign for a payment, a change to the mobile limits, or a mobile key recovery.
The only area of concern I see is authorizing changes to trusted contacts (I assume that’s not unilateral, and it must first requested by the mobile key) and security settings (which I assume is the same).m
I’m thinking this reduces geographic risk and even attack risk. (If my hardware key sits across the country, good luck getting more than the set limit.) https://image.nostr.build/0a97c1ff39f3479d89bbbd39c75eeebf65c8766068d711a00f7b3849636a6180.jpg https://image.nostr.build/47bc016ea476fa2f7b85de829384c3bd81cfe6b7b9c376ea0c01265dd8be6d78.jpg

2023-12-08 00:50:45

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https://bitkey.build/content/files/2023/11/Bitkey-Recovery-Features.pdf

2023-12-08 00:50:15

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Ahh. Found it.
https://bitkey.world/en-US
https://m.primal.net/HSwg.png

2023-12-08 00:44:03

I really don’t understand how the recovery works.
Also, isn’t losing *both* the phone and hardware wallet and being able to recover the funds at odds with the later point that it can’t authorize recovery without either the phone or hardware wallet? https://image.nostr.build/3207fe10faa8adba522e2f8a0835463a49c27521c2a0a33561b778f9337040c6.jpg #note14zf…td8v

2023-12-07 05:19:37

When you make a new bestie who hates #Bitcoin as much as you do.
“Big banks and big government: we’re both here for the little guy.” https://image.nostr.build/c039ff1ca92e40e4511bff5fa63d02c226e751288a34e0a3338263029a5a2f53.jpg

2023-12-06 17:28:25

#note1grd…gckk
On rice, the story of Japanese rice is the story of fiat globalism gone crazy. So, in Japan, rice is a staple but according to the government growing and consuming its own rice is also a matter of national security and Japanese pride and heritage. So the
Japanese instituted a bunch of large tariffs on imports (at one point they fully banned imports) and banned exports. But Japan was part of the WTO and this was a clear violation of the WTO. They negotiated that they would buy a quota of foreign rice but they don’t use it. They stick it in warehouses to rot.
At one point, the price of rice started skyrocketing effectively harming poorer nations like the Philippines. So some negotiations took place and they got Japan to agree to release its surplus stock in its warehouses and the price started to come back down.
As far as I’m aware, this is still an ongoing practice. But admittedly, I haven’t kept up with it. So it may no longer be the case they do this.
No surprise that global central planning doesn’t work and often causes insane outcomes.