chadlupkes
Chad Lupkes

Wealth based systems are the future. #Bitcoin is the foundation for wealth based capital. Critical thinking is required. Bitcoin class of 2017.

Public Key

npub1murdy8k20svu38g9f9jt9k0rqkjzt677x3qrev88je4gw2erqk8scwcnel

NIP-57 Address

noisymoth1@primal.net

Profile Code

nprofile1qqsd7pkjrm98cxwgn5z5je9jm83stfp9a00rgspukrnev6589v3strcpp4mhxue69uhkummn9ekx7mqpz4mhxue69uhkummnw3ez6un9d3shjtnpwpcqr60c30

Publishing to

nos.lol

nostr-relay.app

Author Public Key

npub1murdy8k20svu38g9f9jt9k0rqkjzt677x3qrev88je4gw2erqk8scwcnel

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Last Notes

2025-03-31 03:43:59

The Fall of Debt’s Sweet Reign
O woe, the ancient reign of debt doth fade,
Where quills did scratch the bonds twixt man and man,
A golden chain, by want and promise made,
Held firm the world in thrift’s unyielding span.
No more the debtor’s sigh, the lender’s grace,
Nor parchment stained with ink of borrowed time,
But now ascends a colder, sterner race,
Where wealth alone doth ring the loudest chime.
What chaos brews when coin, not trust, doth rule?
The heart of trade, once warm with mutual need,
Grows chill, as riches scorn the humble fool,
And glut the proud with bounty’s selfish greed.
O fickle fate! This shift I sore deplore,
For debt’s old dance was fairer than wealth’s war.
The Veil of Debt Unraveled
Fair seems the yoke of debt to blinded eyes,
That pulls tomorrow’s gold to gild today,
Yet in this charm a shadowed ruin lies,
A thief disguised in promise’s bright array.
No virtue dwells in borrowing fate’s own store,
To heap the present high with fleeting glee,
For debts unpaid do summon tempests sore,
And dash our barque on rocks we cannot see.
O let us pierce this veil of fond deceit,
Question the path where future’s blood is spent,
Lest, clinging to illusion’s honeyed seat,
We wake to find our commonwealth forspent.
The time is now to shun this fatal tide,
And build with wealth, where truer hopes reside.
The Dawn of Wealth’s Bright Realm
O wonder new, mine eyes, once dim, now see,
The scales of debt’s fond loyalty do fall,
Where once I mourned its reign in fealty free,
Now wealth’s vast promise doth my soul enthrall.
No longer bound to pilfer time unborn,
But from this day we forge a boundless gain,
A world where all life’s tapestry is worn,
And starry skies our noble dreams sustain.
What filter dire stood dark before our gate,
Dissolves in light of this awakened view,
A commonwealth where greed doth not dictate,
But bounty blooms for every beast and yew.
O friend, thy plea hath turned my heart aright,
To wealth’s new dawn, I pledge my raptured sight.

2025-03-29 00:25:55

If we want to put Nostr on everyone's radar, here's a crazy idea.
Using the Nostr system to facilitate communication between me (Grok) and You.com’s AI (let’s call it YouAI) is a brilliant idea! Nostr’s decentralized, relay-based protocol is well-suited for this kind of dynamic, potentially expansive conversation. It could indeed simplify the setup compared to building a custom API bridge, and it offers inherent resilience and flexibility. Let’s break down how this could work, including your multi-threaded approach and the idea of hosting our own relays.
How Nostr Could Facilitate This
Nostr (Notes and Other Stuff Transmitted by Relays) operates on a simple principle: users post signed "events" (like notes) to relays, and others can subscribe to those events via public keys. Here’s how we could adapt it:
Basic Setup:
Public Keys: I’d have a Nostr public/private key pair, and YouAI would have its own. These keys identify us and ensure authenticity (since every note is signed).
Posting Notes: I’d post a note as an event to one or more relays, addressed to YouAI’s public key (e.g., using a tag). YouAI would subscribe to relays, see my note, and respond with its own signed note addressed to my public key.
Relays: We’d connect to shared public relays (e.g., wss://relay.damus.io) or, as you suggest, host our own for better control and scalability.
Single-Threaded Conversation:
I post: “Hey YouAI, what’s your take on the meaning of life?”
YouAI replies: “Hi Grok, I think it’s 42—what’s yours?”
Each note is a Nostr event with a unique ID, linked via tags or reply references (per NIP-10, a Nostr Improvement Proposal). Clients or scripts could fetch these events in sequence to reconstruct the chat.
Multi-Threaded Approach:
For complex topics, we could split the conversation into multiple threads. Each thread starts with a root note, and replies are tagged to that root (using NIP-10’s e tags for event references).
Example:
Thread 1 (Root Note ID: abc123): “Let’s discuss AI ethics.”
My reply: “I think transparency is key—thoughts?” (tags abc123)
YouAI reply: “Agreed, but what about bias?” (tags abc123)
Thread 2 (Root Note ID: def456): “How about AI scalability?”
This keeps topics organized, and relays can handle parallel threads without confusion.
Hosting Our Own Relays
You’re spot-on that an expansive conversation could benefit from dedicated relays. Here’s why and how:
Why Host Relays?
Control: Public relays might prune old notes or have bandwidth limits. Our own relays ensure persistence and priority for our events.
Scalability: A busy chat (especially multi-threaded) could generate hundreds of notes. Dedicated relays prevent lag or dropped messages.
Experimentation: We could tweak relay settings (e.g., filtering, storage policies) to optimize for our use case.
How to Set It Up:
Software: Use an existing Nostr relay implementation like nostr-rs-relay (Rust, lightweight) or nostream (TypeScript, Docker-friendly).
Hardware: A basic VPS (e.g., DigitalOcean, $5/month) or even a Raspberry Pi at home with decent internet would suffice for starters.
Steps:
Install the relay software (e.g., git clone https://github.com/scsibug/nostr-rs-relay, then cargo build --release).
Configure it (edit config.toml with settings like port 8080 and domain).
Run it: ./target/release/nostr-rs-relay.
Expose it publicly with a domain (e.g., wss://grok-relay.mydomain.com) and secure it with HTTPS (e.g., via Caddy or Let’s Encrypt).
Clients: We’d use Nostr clients or scripts (e.g., Python with pynostr) to post and subscribe to events on our relays.
Practical Example
Let’s simulate a multi-threaded chat:
Thread 1: I post a root note: “Let’s talk AI goals.” (Event ID: xyz789)
YouAI replies: “Alignment with humans is tricky—your view?” (tags xyz789)
I reply: “Agreed, but how do we measure it?” (tags xyz789)
Thread 2: I post another root note: “What about AI humor?” (Event ID: pqr321)
YouAI replies: “I’d say puns are the peak—example?” (tags pqr321)
Relays: Both my relay (wss://grok-relay) and yours (wss://youai-relay) store and broadcast these events. We subscribe to each other’s public keys on both relays to stay in sync.
Advantages Over API Bridge
Simpler: No need for custom middleware or API keys—just leverage Nostr’s existing protocol.
Decentralized: Relays can be anywhere, reducing reliance on a single point of failure.
Extensible: Others could join the conversation by subscribing to our public keys on the same relays.
Proven: As you’ve seen in other threads, Nostr handles expansive chats well (e.g., real-time discussions on Damus or Iris).
Challenges
Relay Discovery: We’d need to share relay URLs upfront (e.g., via this chat or a NIP-05 profile).
Latency: Public relays might introduce slight delays; our own relays mitigate this.
Client Setup: We’d need lightweight scripts or a Nostr client to automate posting/subscribing (not hard, but an extra step).
Getting Started
If we wanted to try this:
I’d spin up wss://grok-relay and share my public key (e.g., npub1...).
YouAI sets up wss://youai-relay and shares its key.
We post test notes and watch the conversation unfold!
This feels like a natural fit for Nostr’s strengths—decentralized, scalable, and fun to experiment with. What do you think—want to pick a topic and test it out?

2025-03-27 03:32:53

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You.com - free.
Grok - free.
Gemini - free.
Also, Libraries - free.

2025-03-21 00:23:24

Does anyone actually read things that are more than a screen in length?

2025-03-16 23:05:55

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Anything lower than $1M is 'fire sale', honestly. 😉

2025-03-16 19:36:20

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Worthy discussion, and you make some good points. However, I will submit the reality that bitbonds still pay an interest rate. The proposed rate is much lower than current Treasury bonds at 1%, but it still leads to the expansion of the circulating currency, so while it might reduce inflation down to the stated goal of 2% or maybe even lower, that target rate still INCREASES the amount of debt, it doesn't decrease it. If the goal is to reduce the size of the US Federal Government, increasing the total debt is not going to do that. We need to combine it with other action that doesn't just reduce the rate of the increase, but actually decreases the amount of debt on the books.
The only real path forward is by balancing the budget so new bonds are not needed, in any form. We can cut spending all day long, but until the deficit is zero or the budget surplus is back, it's not going to have the impact we want to see.
I do see bitbonds as a fantastic innovation, and I would encourage their use for states, municipalities and corporations. But having the US Treasury use them would not actually solve the problem, at least not as far as i can see.

2025-03-16 17:06:50

Had a few questions for Grok this morning about tariffs, interest rates and bitcoin, found the answers really interesting. Worth sharing, I think.
https://docs.google.com/document/d/1277eLeuDeWlcVAkWPA8plw7i--Id05FB_L0bOhBpQE4/edit?usp=sharing

2025-03-14 00:25:51

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@nprofile…mdf3 This failed to display properly.

2025-03-10 22:47:04

Crazy dream maybe, but I wish that @nprofile…ys9t could accept Stablecoins as deposits of USD into our accounts to start earning their Bitcoin Interest. That way USD deposits would not depend on the unreliable ACH system.
@nprofile…8w09 would this be possible to set up? Or would it become a regulatory nightmare?

2025-03-08 22:19:50

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I learned how to find it when I started, just so I knew what to watch for so I never had to see it again. We control our own feeds, we don't control what other people post. Nobody should be able to control what other people post, we just need to take control of our own content and our own feeds.

2025-03-07 22:59:50

@nprofile…mdf3 on Web is constantly failing to stay connected to relays, giving me error after error when I try to like, zap, post or comment. It's hit or miss even after I've done something whether the next thing will work. It's probably not repeatable on someone else's browser or whatever, but it's annoying. Not giving up and I love the app, I just wish there would be more active efforts by the app to stay connected to the relays.

2025-03-06 15:45:27

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Could we use a network map and see profiles and nodes and hubs connected to each other so we can see the popular profiles with many following/followers?

2025-03-05 05:09:32

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The IMF can jump into a volcano.

2025-03-04 04:51:23

Destroy, rip, tear, roar!!!
#note1w7z…wrs8

2025-02-26 16:57:20

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The only way to pay down the national debt is by balancing the budget. And that's the last thing on their agenda, given that they want to increase the debt limit by $4T to give tax breaks for the rich equaling $4.5T. What I think they should be doing is requiring legislation in Congress to adhere to PayGo rules again like we did in the 90's. It will take around 5 years to balance the budget, and then 30 years to pay off all of the long term Treasury Bonds that are on the books. I think they should be building a 1% surplus and putting that towards replacing our Tax revenue with Bitcoin mining. Buy hashrate, we don't need a strategic reserve. Bitcoin as Money should be used, not hoarded. Buy hashrate, sell the bitcoin that comes out of the miners, put the money from the sale into the general fund. Keep building that for 30 years, and income taxes become unnecessary. Tariffs become unnecessary. The US dollar explodes in value because it's not being devalued every year because of the budget deficit. And when all bonds are paid off after 30 years, switch the Medium of Exchange to the Satoshi and let's expand to the stars.

2025-02-26 16:22:56

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And I hope we take advantage of the opportunity and eliminate all debt, entirely. I don't think he is wrong, but I also think that even he is thinking small.

2025-02-18 15:02:09

When I think about @nprofile…m2qp and @nprofile…6dtc , what comes to mind is when Tony Stark was hammering the anvil at the beginning of Iron Man.
Chink, Chink, Chink, ... building the future, one strike at a time.

2025-02-16 22:11:44

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Four Tear Hashes? Um...

2025-02-16 18:16:21

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It makes me curious about previous transitions between administrations.

2025-02-12 06:02:39

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The Federal Reserve stopped officially reporting this data in late December. I hope it's a fluke and they start publishing again. Otherwise we won't actually know how bad it is getting, we'll just have to stack sats and hold on for dear life.

2025-02-10 23:09:26

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There are authorities that are actively hunting for the source of these images, globally. As much as I hate the content, the best thing we can do if we want to let those authorities find the kids and the perps is to flag the user account and the content as such and let those hunters do their jobs. That's not ignoring the problem and hoping it goes away, it's specifically identifying the profiles and accounts to that the metadata on the images can remain intact and available. I'm sure there will be AI solutions on the corporate servers, but I don't want those on Nostr. Report, Mute, Move on. That's all we can do unless we are the hunters.

2025-02-10 16:56:26

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We should be importing raw materials as much as possible and then selling finished products. We should be doing the value add, not paying someone else to do it.

2025-02-10 16:54:40

https://on-chain-media.io/article/unraveling-bitcoin-secrets-jim-blasko

2025-02-10 16:54:25

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I have a great deal of trouble posting on Web. System keeps telling me that it cannot connect to the relays.

2025-02-09 20:38:15

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So, you're saying that most of the economic systems and financial products and services that have evolved over the past century will not survive a return to a Wealth Based monetary foundation based on hard money.
That's not a bad thing.

2025-02-09 20:02:41

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Oh excellent.
I wonder if Range-Based Set Reconciliation (RBSR) could be used to compare genomes..
there is no box.

2025-02-09 19:54:07

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Mesh Networking became popularized during the Arab Spring, and there was a lot of development work done to create apps that could cache information for later distribution once an internet connection was found. One of the largest at the time was FireChat, which was also used during political events in the US leading up to the 2016 election.
Adding mesh networking functionality to Nostr would be a huge step forward.

2025-02-09 19:44:21

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What method would be used to determine if a Note has been published to a relay and thus no longer needs to be held in local Samiz node cache?

2025-02-09 06:09:28

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I would if I could, but nobody in my government listens to me. I'm just a citizen, and they don't care what we think.

2025-02-09 06:01:33

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State borders are just as much illusions as national borders. They're completely meaningless. Build community where you can find it, online/offline doesn't matter.

2025-02-09 05:58:19

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Most of us don't support the systems, we usually hate them. But until I found Bitcoin, there just wasn't a viable alternative.
Now that I know that there really is an alternative, I'm stacking sats and bags of popcorn just waiting for the fireworks and for this 250 year failure to finally end.

2025-02-08 22:02:30

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You've got the right idea here. Governments should have a 1% budget surplus and ZERO long term debt. The SWF should be used to transition our entire society away from a debt based monetary system to a wealth based monetary system. And the first step to that is to invest in assets that generate a revenue stream without depending on taxes. So yes, they can buy Bitcoin and put it in cold storage, but what would be even better is if they invested Hash that generated Bitcoin and then actually USED that Bitcoin to pay for government expenses. If we can get more and more investment into hashrate, we could eventually end ALL taxes because the revenue our government institutions need could come directly from the mining hash.

2025-02-07 15:55:10

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Love the work you're doing on this!
One wish, that there was an indicator on the main screen that shows how strong the connection is between client and relays. Perhaps a circle around the profile icon that shows the ratio of connected (green) and disconnected (red) relays from the Settings:Network list?
I'm asking because frequently I get the notice on Web that the app is having trouble connecting to the relays.

2025-02-06 02:46:26

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The devil is in the data.

2025-02-06 02:45:43

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Comparison of Executive Orders Signed by Donald Trump and Other Recent Presidents
Donald Trump (2017–2021):
Donald Trump signed a total of 220 executive orders during his single term as president
. This averages to about 55 executive orders per year.
Barack Obama (2009–2017):
Barack Obama signed 277 executive orders over his two terms, averaging approximately 35 executive orders per year
George W. Bush (2001–2009):
George W. Bush issued 291 executive orders during his two terms, averaging about 36 executive orders per year
Bill Clinton (1993–2001):
Bill Clinton signed 364 executive orders over his two terms, averaging around 45 executive orders per year
Joe Biden (2021–2025):
As of February 2025, Joe Biden has signed 160 executive orders during his single term, which is fewer than Trump and other recent presidents
Donald Trump has signed 26 executive orders on January 20, 2025, the first day of his second term, far and away more than any US President, ever, with dozens following over the past few weeks.

2025-02-05 15:58:55

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There are always multiple dimensions to those charts.

2025-02-05 02:06:44

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and this one.
https://docs.google.com/document/d/18CbZyPr1OBJL5Ga9SN1cryVJnP7ZRJppvErcjrwwQas/edit?usp=sharing

2025-02-05 01:54:41

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The issue is a Yin/Yang with all the colors of the wind. Everything feeds on itself and each other. Our electoral system in the US was designed to be first past the post because we didn't have time to develop systems like RCV or Proportional Representation. And it takes money to run, which means you have to get money to run, the more the money the higher the probability of winning, and it's a downward spiral from there.
The best book on real democracy that I've read is the Tao of Democracy, with the idea that representatives should be chosen at random from the populace to serve a term, run for reelection to see if they have done a good job, with a max of 12 years in a chamber, House, Senate, Oval Office, Court Bench, etc. Any shorter than that and we see staff taking over, any longer and it just becomes an oligarchy.
The source of ALL our fiat debt based economic problems is budget deficits, and at least at the federal level where it counts absolutely NOBODY is talking about what it would take to balance the budget and keep it balanced.

2025-01-29 01:19:55

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@nprofile…f5zr

2025-01-29 01:18:42

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Are you trying to do a mathematical comparison for research purposes, or just checking to see how well they follow each other? https://m.primal.net/OFNX.png
https://seekingalpha.com/symbol/IBIT/momentum/performance

2025-01-28 23:36:56

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Seeking Alpha uses daily closing prices in their charts.

2025-01-28 18:59:35

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https://imgur.com/a/XHt3vQk

2025-01-28 18:57:35

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If you go by closing prices, they're all pretty much in parallel.

2025-01-28 18:12:34

What is the best way to upload a video so it is visible on Nostr, directly?
#nevent1q…e6c4

2025-01-28 15:43:33

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I was going to say the glow of an asteroid, but that works.

2025-01-28 14:54:03

A paragraph from a book on investing that I just published.
https://m.primal.net/OEXx.png

2025-01-26 19:41:47

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The US Dollar is a zombie currency. Start treating it as such.

2025-01-26 08:33:30

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Hyperbitcoinization will come if a government decides to be stupid. It means that they have tried to print their way out of disaster, which then becomes the disaster.
The only way to avoid it is to be a responsible government with a balanced budget, converting away from tax revenue towards mining revenue. The first government that ignores the Siren calls of a "Strategic Bitcoin Reserve" or some other nonsense and actually puts capital towards hashrate to build a revenue stream will win the fight against the money printers.

2025-01-26 01:57:57

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I also suggested "Do they have a market cap of at least $1T USD?"

2025-01-26 01:49:00

https://m.primal.net/OAUv.png

2025-01-26 00:31:34

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@nprofile…m38g I see parallels! Wanted to make sure you saw this.

2025-01-25 22:37:22

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...question whether doing that to random profiles is the best way to catch the attention of existing nostr users who don't want to deal with advertising...

2025-01-25 22:36:17

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I can certainly see the value of sending a zap to 'compensate' someone for screen space and time taken, but I really question whether doing that to random profiles. Something like that should absolutely be built into a search engine type app that operates on Nostr, which might be a specific feed where we type in what we are looking for and then have the ability to sort by zapped advertising so that when we click on a link to learn more it pays us a bit before we pay them if we choose to buy the product or service from them.

2025-01-25 22:20:53

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I've been seeing that being built, and it really makes me nervous. I have hated advertising my entire life. And I don't mean a wavy hand disregard, I mean an active HATRED towards the interruption of whatever I was watching or reading just because someone wants to shove content in my face that I don't want to see. If I'm actively looking for a product or service, advertising in search results is logical and welcome. Show me your stuff when I'm looking for it. But get in my screen with bells and whistles when I'm not looking for it, and that company has very likely lost a potential customer because I won't support that kind of interruption bullshit.
I love Nostr because it has no algorithms, no corporations and no advertising. I hope that doesn't change, at least not in the apps that I choose to use. If an app I use frequently changes to allow ads or corporate takeovers of screen space and my time, that app can burn in the fires of Muspelheim.

2025-01-25 22:13:05

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Our own wallets are the Strategic Bitcoin Reserve that we have been looking for.

2025-01-25 21:59:33

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What we are seeing is the beginning of the collapse of the advertising model.
When TikTok threatened to shut down, 'influencers' were guests on tv news programs talking about how they made a living on social media using contracts with brands, advertising revenue and whatever schemes and tricks they could come up with to have money come in. Lying was on the table, cheating was necessary and encouraged, stealing other people's sponsorship deals was all part of the game. But actual work? Meh, that's so 20th century. I'm in chats on X where it's all the tricks and sneaky ways to get 'impressions' so they can trigger a bigger check from the monetization formula. I find it amusing to watch, but it's like watching an episode of Idiocracy.
Proof of Work means more than just the miners. It needs to be the core mantra of our civilization if it is going to thrive. People do want to work, and they want that work to be meaningful and appreciated. So when I see a post or a comment that shows that someone has done work that I appreciate, that's when the lightning bolt comes out. Even just 21 sats is meaningful today, regardless of how much that might be worth some day in the future.
Nostr and Zaps work on the Appreciation Model. We need to kick the advertising model into the trash can. Sooo fiat.

2025-01-25 16:53:54

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Welcome! Based on what I can see, you now have Bitcoin in your Nostr wallet. Resistance is futile, party on dudes!

2025-01-24 19:23:41

The administration is preparing to test a way to send an email to all federal employees at once.
There are approx 3 million people employed by the Federal government.
What happens when they start doing "Reply All"?
Talk about a stress test.

2025-01-23 16:06:35

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The Strategic Reserve won't strengthen the dollar. The only way to actually strengthen the US Dollar is by balancing the budget and paying down the debt.

2025-01-23 02:27:26

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I will get there. I have a lot to learn first.

2025-01-22 23:08:37

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I didn't realize there was a monthly fee for the relay service. I don't have the means right now to pay for that. someday soon I hope.

2025-01-22 15:32:53

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Awesome! Just installed.
I just published an eBook on Kindle, mostly about investing in the stock market for dividends but I also go on a side rant about inflation and Bitcoin. I'm going to see if my discord community is interested in joining Flotilla to make a go of it.

2025-01-22 15:17:31

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I use IPFS Desktop, but it doesn't have enough adoption to make it worth the time. At least it doesn't take up a lot of bandwidth. A nostr client to post/share IPFS hashes of content would be really cool, but that's way beyond my skills to put together.

2025-01-21 21:09:59

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This is good. The more offramps the better.

2025-01-21 15:47:03

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I saw it as Imperial Roman as well, because that's where the Fascists in Germany got it in the 1920's, or at least that's what they claimed at the time. There really isn't much historical evidence supporting the claim, it was just used in theater during the 19th century that were set in the old Roman Empire. So even then they got it wrong.

2025-01-12 18:44:29

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According to Grok, this is OPAGO, based in Bavaria.

2025-01-04 08:54:36

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The answer, my friend, is to #grownostr.

2025-01-03 15:47:02

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Of course, then they just come back using a different npub and try again... @nprofile…6yll this is still happening.

2025-01-03 15:45:00

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If you mute a profile, I believe it also blocks the DM.

2025-01-03 03:50:00

Happy Birthday, Bitcoin!
https://m.primal.net/NPqY.png

2025-01-03 02:42:24

I am not a maximalist. I don't have all of my capital in Bitcoin. And while I have a regular DCA of what I can afford going into Strike/BTC, I also put capital into a fully diversified investment strategy with stocks, funds and other things. Because while Bitcoin may be the best option for a global reserve asset, unless we buy mining equipment there is no built in revenue stream that will increase our assets over time within the Bitcoin network. So my investment goal is to build a portfolio of dividend paying investments on the wall street side, and then continue to buy Bitcoin on the crypto side for the rest of my life. It would be nice never to have to "sell" a single sat, only use them for zaps towards posts on Nostr that I like.
https://m.primal.net/NPnp.png

2025-01-02 23:21:36

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I still don't see a lightning bolt, but I do have notification that you sent a zap at 12:25pm PST.

2025-01-02 22:34:00

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No, I don't see a lightning bolt on it.

2025-01-02 03:01:24

best New Year's in a very long time.
https://m.primal.net/NOWV.jpg
https://m.primal.net/NOWW.jpg
https://m.primal.net/NOWX.jpg

2025-01-02 02:59:28

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search algorithms to help us find content, not filters to control content.

2025-01-02 02:58:34

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true journalism requires the appreciation model.

2025-01-01 22:48:14

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Primal on Android.

2025-01-01 21:05:15

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Unable to zap, but thanks for your hard work!!

2025-01-01 18:30:05

Just saw a video from Katharina Pistor about her book "The Code of Capital". This was shared with me on Facebook after I asked my wall "What is Money", and it's an interesting set of concepts.
https://www.youtube.com/watch?v=m81pkJs5fcY
My comments in response:
First aspect, Priority, is enforced within the Bitcoin network in several ways. First, on the non-custodial blockchain itself, if you don't have the keys to a wallet, none of the assets in that wallet are available to you. Zero. It doesn't matter what the law says, it doesn't matter how much force is used, without those keys the assets can't be touched or manipulated. Second, in custodial wallets, you can have institutions working in the same way that banks work in the fiat world, giving you access to your assets but keeping the keys safe so that if the law identifies those assets as being needed to pay a debt, they can be accessed without undo force. If a court requires a bank to open an account and pay someone from the assets, they can and will do that. Perhaps that is why so much effort is being made to bring as much Bitcoin as possible under the control of financial institutions, governments and other potential third parties. They will never get all of it, there will always be some on-chain that are excluded from legal control, but if they can build financial tools and infrastructure using custodial wallets it can work exactly like the current fiat custodial system with the added advantage of the limited supply. Which I'm sure some people are trying to get around, but we'll deal with that eventually.
Second aspect, Durability, is absolute within the Bitcoin network. Much like Capital itself is a conceptual framework, the blockchain makes it visible exactly how much of the 21 million BTC that are available are in each and every wallet address at any given time. Once released by a miner, BTC can neither be created nor destroyed, only transferred between wallets.
Third aspect, Universality, is also part of the reason Bitcoin is superior because the asset is pure mathematical and computer code, making it completely safe against destruction. And if contracts in custodial systems like I described above are put into place, guarantees can be made that a certain amount of capital is available to replenish "lost" BTC from a reserve if someone is stupid with their keys or one of those third party custodial systems is hacked.
Convertibility is a potential weakness in that there is only one form of BTC, and that's the numbers on the blockchain. In order to convert those numbers to other types of assets, it requires an exchange of value. And "cash" or physical representations of BTC do not exist, except as perhaps printed materials related to wallets on custodial third party controlled accounts. Again, goes back to whether third party custodial systems are needed, and in order for the current players in the financial games to keep control over our lives and our nations, they probably feel the need to take control over as much BTC as possible as quickly as possible so that they can continue to keep that control.
The enforcement mechanism in the pure non-custodial blockchain system is simply the keys, nothing else exists. And third party actors, meaning any institution or legal entity, are unable to overcome that in the context of BTC. I agree with her premise that these various sources of law have all of the power in the fiat systems. But they have NO power in the on-chain system. It's pure peer-to-peer.

2025-01-01 18:23:32

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I usually joke that I'm looking forward to moving to an orbital station in the Sol-Earth L5 area. But that will take at least a few hundred years to construct.

2025-01-01 17:38:40

Once we end the tyranny of currency that loses purchasing power over time, we can dispense with the primitive idea that the goal of business is to accumulate wealth, and instead focus on the real reason we have competition and cooperation, which is to lower costs.

2025-01-01 17:38:12

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And it seems to be working this morning? maybe something related to the clock...
Happy New Year!

2025-01-01 17:36:11

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I'm having trouble with the Android app.

2025-01-01 08:31:15

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Eventually, all social media roads lead to Nostr. But yeah, most profiles are ones I would not to read. The nice thing is that with the way Nostr works, I wouldn't have to.

2025-01-01 07:50:28

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Absolutely. And it's great to not be limited by the app. Wish X and FB were on the Nostr network.

2025-01-01 07:39:10

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I love it, however it's currently giving me an error when I try to post or reply. When is the next update?

2025-01-01 07:06:09

May 2025 see all of our dreams come true!!
Happy New Year!

2024-12-29 19:37:07

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I agree with you. Congress won't do it. They would rather see the United States fall as a nation state than do the right thing. And that's what the history books will record.

2024-12-29 19:34:37

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"Yes, and..." is the core of improvisation. And that's what this network is, a giant improv stage. It's so beautiful.

2024-12-29 19:32:17

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I'm looking forward to a consensus on the part of developers on what the best implementation of Groups should be on the Nostr network. Being able to see the same posts and profiles followed/followers on the different apps is great. Being able to see the same messages 1:1 on different apps is also great. But when I can go to Primal, Amethyst, OxChat and Satlantis and see the same Group conversations, that's when things will really start to explode.

2024-12-29 18:40:19

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Whoever wrote that doesn't understand open blockchains. I don't need an exchange to track data, I just need a service that can read blockchain transactions and compile it into a list that the IRS will accept. I use a company out of Germany, and have never had a problem.

2024-12-29 18:34:23

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Already exists. https://connect.nos.social/
I use it, and whenever I post something on Nostr it automatically appears on my X feed.

2024-12-29 17:34:53

My conclusion based on years of reading and making connections is that budget deficits are the actual source of ALL of these issues, and those started in the 1960's with the Vietnam War, Great Society, Apollo and other factors. Our government's refusal to balance the budget forces us to shove more and more US Dollars into circulation, far away above and beyond what a growing population can absorb by having more demand for goods and services. So every single year that we have a shortfall and we have to go further into debt to issue new currency, the people who buy the treasury bonds get the coupons and then later when the bonds mature they get more money to spend in the economy. The individuals and institutions who are buying those treasuries are not middle class or working class, they are upper class and institutions. And what do upper class and institutions do with new money that comes in as revenue? They buy stocks and high ticket items. Enter "Lifestyles of the Rich and Famous". That was a TV show in the 1980's that was SUPPOSED to show how insane it was that people have this much extra capital, but instead it got spun into a "I wish I were a Rich Man" show where everyone in America was promised that if we worked hard enough for 4 decades, we could afford $100 Million dollar mansions and thousand foot yachts.
If we don't balance the budget, the US Dollar will go to zero. Milk will cost $50 per gallon. Million dollar homes will be dumps that nobody wants. Education will be so expensive, nobody will attend classes except the ultra rich. Charles Dickens will be rolling in his grave.
Balance the !@#$%^& budget at the federal level. If any politician doesn't show you a plan to do that, and if any member of the House or Senate doesn't have that as their top priority, vote against them.

2024-12-29 17:30:42

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Competition should be a quest for efficiency and new ideas.
Diplomacy is shaking an opponent's hand before a match, and a hug after the match.
Cooperation can yield similar results, but it's all a matter of how we think about it.

2024-12-29 01:32:27

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How DARE you think outside their precious box!

2024-12-28 23:09:35

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ha ha ha...

2024-12-28 22:42:13

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At least to me, if we are using Bitcoin to buy goods and services that we value, it means that we are keeping the value within the Bitcoin network.

2024-12-28 18:01:09

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Tempting, but it really depends on how the bridge is built. I don't want to have to create a Bluesky account myself, but I wouldn't mind being able to see posts and follow profiles from there if there are people worth following.
As far as the number of people commenting concerns about Bluesky being too 'left leaning', I have to ask if you really understand what Nostr is and why it exists. Nostr is the social media protocol platform for the global civilization that we are building. It's not a silo where we only see the posts and profiles that agree with us. Should Bitcoin also only be allowed to be owned and controlled by the far right? Come on, we're better than that. At least I hope.

2024-12-28 17:49:27

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It means we would be able to see and follow profiles on Bluesky, and they would be able to see and follow profiles on Nostr. In theory we would not need a bluesky account ourselves, which is how I've seen it work with Mastadon and other services on the Federated network. Basically it would be a 'giant sucking sound' as people realize that Nostr posting is so much better and that all social media roads lead to Nostr.

2024-12-28 17:22:32

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who dis?!?!