Simon (2.₿y.2) Kofah

Tick tock, next block.

We hold these truths to be self-evident.

Questions that can't be answered > answers that can't be questioned.

Thoughts in the void.

Public Key

npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2

NIP-57 Address

simonkofah@getalby.com

Profile Code

nprofile1qqsfepnrd2k378prxvnvhf9vey87qnqlzfk6ac7l9jysscc5sl3r7ysus9qs2

Author Public Key

npub1njrxx64druwzxvexewj2ejg0upxp7ynd4m3a7tyfpp33fplz8ufq4z2hq2

Show more details

Last Notes

2024-09-16 01:13:44

Trying to decorate my new office. Any ideas of cool shit to do with the #bitcoin white paper? In need of creative inspiration #asknostr #plebchain

2024-08-17 03:59:37

Will Kamala Harris institute price controls on #bitcoin? Corporate greed and gouging are getting out of hand. Bitcoin CEO needs to be reigned in.... #cheapcorn

2024-08-13 13:50:07

Thoughts on #bitcoin as discovery vs invention (longish post)...
“Bitcoin will be replaced, just like MySpace was replaced,” is a common trope that belies a fundamental misunderstanding of Bitcoin and its true innovation. This assessment is wrongheaded on three counts. First, quite simply, is the fact that Bitcoin does not represent a first effort. In fact, Bitcoin in its currently familiar form is the culmination of many iterations of attempted internet peer-to-peer money. As such, Bitcoin is not analogous to MySpace, rather it should be viewed as Facebook (or even a successor to Facebook) in that analogy. But this is only the simplest example of this misapprehension and is easily refuted by the most cursory review of historical record.
The second more subtle point is that it is sometimes easy to conflate discovery with invention. Fire and the wheel were not inventions. They were discoveries of profoundly transformative chemical and physical principles respectively. Had a subsequent individual or group of individuals decided to use a different fuel source (other than wood) that had different combustion properties, that would not have been an improvement or disruption of the technology of fire. “Fire-ness” equates absolutely to combustion. Altering the formula in any way does not generate an alternative because fire is a fundamental process. It was a discovery, not an invention. Similarly, the wheel could not be improved upon with respect to its “wheel-ness” because the discovery of the wheel was actually the discovery of the concept of ‘round.’ Any subsequent iteration of this discovery could and would only be a wheel to the extent that it captures this fundamentally vital property of roundness. There is no second best shape for a wheel. Any other shape would be inferior proportional to the degree to which it departs from roundness. Hence a pentagon is a worse wheel than a hexagon, which in turn is a worse wheel than an octagon. Simply, the more the shape approximates that of a circle, the better it accomplishes the function of wheel. These facts are not controversial, and instead are implicitly understood a priori. Similarly Bitcoin is not an invention, but rather a discovery. It is a novel method for solving the Byzantine General’s problem using a distributed proof-of-work consensus algorithm. Much like fire, the wheel, or geometry or calculus for that matter, it represents a breakthrough discovery that is more fundamental than a mere tool. In the same way that the wheel is unlike the bow and arrow - in that the latter is a technological advancement that can be (and indeed was) rendered obsolete by subsequent iterations and disruptions - bitcoin is different from “crypto.” This poorly understood notion is a consequence of the third point: branding.
“Branding” is a somewhat imprecise description of the problem but roughly approximates the idea that Bitcoin is often misunderstood because its name sounds very product-like. Namely, given that bitcoin is essentially an internet based value transfer protocol, were it named something like VTP or proof of work consensus VTP, its groundbreaking significance would be far less likely to be called into question. For the same reason that TCP-IP, HTML, C++ and HTTPS are seldom questioned by laypeople. Rarely is the disruption of internet data transfer protocols by their respective Facebooks called for by the financial media. Academic abbreviated nomenclature does not invite the same scrutiny as trademark sounding designations. This cognitive bias is a large part of bitcoin’s branding problem. In a capitalist/consumerist world, the populace is programmed to expect the next thing, the latest and greatest. The iPhone n+1. For this reason, there is general skepticism toward the notion that bitcoin could be, and remain, a world-changing innovation. As a value transfer protocol, bitcoin is analogous to the wheel. It will not and cannot be iterated upon and disrupted except by an equally radical paradigm shift.
As an aside, it is worth noting that in the case of the wheel, any more effective wheel is far and away likely to be a more specialized wheel, trading general utility for narrow specialization. For example a bicycle tire, tractor tire, ball bearing, a gear and a pulley all represent more - and simultaneously less - functional versions of the wheel. In this same vein, if any of these innovations claimed to be the thing to disrupt the wheel industry, this assertion would be viewed as absurd on its face. This is the case with the crypto industry and its comparison to bitcoin.

2024-08-13 13:38:17

Bolívar had it figured out.
https://image.nostr.build/8af23c4c5bd4e3856473a5f5d20cd9977a3a26675dd03b05fb7f3bb5a62c5c4f.jpg

2024-08-12 15:30:37

- reply

I think "useless" is the wrong word. The stuff the devs are focusing on is the backbone. It's beyond useful. It's critical. Stuff like algorithms/distribution are DESIRABLE (depending on perspective obvi)..... but truly useless - or harmful even - if prioritized above the hard work of building a robust, anti-fragile backbone
All arms. No spine. That's what you'd have without all the "useless bullshit."

2024-08-12 15:18:33

- reply

Thanks for good feedback. When it comes to other ppls sats, how well Ledger reflects the ethos of bitcoin is secondary. First and foremost I care that their stacks are secure.... that said, some tradeoffs will need to be made in the name of usability.
The time will come when ppl are ready for true self-sovereignty. Baby steps.

2024-08-12 12:55:27

Without getting into the philosophical incompatibility aspect, what is the consensus on the TECHNICAL quality of Ledger? Haven't used one in a minute, but all of the people I've helped get into #bitcoin over the years still have their ledgers - and are oblivious to the shitstorms that have gone on.
Used responsibly, are Ledgers fine? Do they all NEED to be replaced by a new wallet? Seeking objective/unemotional advice. #asknostr #plebchain
((Bitkey has become my go-to for onboarding noobs.))

2024-08-11 17:13:55

- reply

This comes to mind. Seems like it's always been the case.
https://image.nostr.build/174a56996bf5ea25ea17bddbc4acbdc7691726e78f818796385d97bc92ea85ab.jpg

2024-08-11 01:53:55

- reply

Got into a heated discussion about just this point with a very intelligent silicon valley friend. He was incapable of ingesting the concept.
It's not just the complexity. There's a lot of ego rolled up in there as well. I fear many are unreachable.

2024-08-08 16:30:43

The notion that property (art, real estate, securities) are taxed, whereas legal tender/cash is not, is a fallacy. Inflation is the tax on legal tender. EVERYTHING is taxed.
The parasites permeate it all.

2024-08-08 14:36:06

#BTC watching fed flirting with lowering rates
https://image.nostr.build/e76a1b6fb66585ea810eec3c4a6515d8a82ad69a77a53a221ffeebf3aa58dc05.jpg

2024-08-07 00:07:07

- reply

Where's the lie?

2024-08-03 14:57:11

- reply

Keep posting.

2024-07-21 12:43:14

- reply

Thought this was a @nprofile…zf2h piece. Looks like a zoom-in of a wide-eyed scream 😅 👁 😱

2024-07-14 15:46:41

This situation is emblematic of how the establishment in America is a cancer that has outgrown its blood supply. The tumor is eating itself and dying.
ANYONE expressing the sentiment (whether in jest or not) that the assassination of a former president would be anything other than disastrous for the Union is the enemy of America.
As someone that is conflicted on Trump, it is clear to me that America's present ends-justify-the-means incentive structure is exactly what lead us to where we are now. It's evil. Machiavellianism. And it's most prominent on the Left (though it is definitely bipartisan).

2024-06-30 03:41:26

- reply

Lol well i like both. It's Tommy Muzzic. After Dark x Sweater Weather (slowed)..... in case you're curious

2024-06-29 02:37:58

- reply

What is this music/genre? 🔥 vibe

2024-06-21 00:19:36

https://image.nostr.build/174a56996bf5ea25ea17bddbc4acbdc7691726e78f818796385d97bc92ea85ab.jpg

2024-06-20 03:53:35

- reply

If you don't call it a "work camp" it can't be a work camp. What are we? Russia? We have correctional facilities.
#LandoftheEuphemism

2024-06-16 01:12:23

- reply

Welp.

2024-06-14 23:34:28

- reply

This makes me unreasonably happy

2024-06-09 23:34:34

- reply

Thing I love about these shameless mouthpieces is they effectively condense what the establishment's desired narrative.
I like knowing what the baddies WANT me to think.

2024-04-17 03:54:17

Just got an email from my credit monitoring service that my SSN was found among one of the recent giant corporate data breaches
..... privacy and self-sovereignty are under constant attack..and these behemoth centralized surveillance machines are complicit

2024-04-15 02:16:32

- reply

What I'm saying is that appreciating bitcoin requires thinking far into the future. People with few resources can't afford to think far into the future because they have to worry about the present.
But these are the people most in need of bitcoin. How does bitcoin overcome this challenge? Is that even possible?
Rich people can AFFORD to worry about many years down the line. Poor people cant.

2024-04-15 01:17:49

The uncomfortable reality is that time preference is inexorably linked to resource availability. The more resource-poor the individual, the more inclined that individual is to have high time preference. How does #bitcoin adoption overcome this headwind? Does it?

2024-04-14 14:54:09

- reply

Being PRO-war and being CAPABLE of war are two different things. At times there is no alternative and war becomes necessary.
I am not pro-violence. But leave me no alternative, and I will resort to violence.
To be pro-war is to be anti-human (ex: some US politicians)

2024-04-13 21:44:06

- reply

Chamberlains Steakhouse (near hotel) 6ish. Can meet in lobby to discuss details shortly. Burgundy hoodie

2024-04-13 19:38:35

What are my odds of assembling a small group of strangers at #bitblockboom interested in getting steaks tonight?
@npub15t3…c8rq
@npub160t…yjc9
(Tagged you cause I have no followers lol)

2024-04-09 15:55:27

- reply

Rise harder.. not even half chub yet.

2024-04-01 23:32:04

- reply

Rest was great as well. I stand by my first impression

2024-04-01 01:07:32

- reply

Only one song in, so may be early to pass judgment. But this is huckin henomenal. Thanks for posting.

2024-03-31 00:22:37

- reply

That's the kind of 'W' I'd expect Dwight Schrute to brag about... is this just cope?
Fiat world: where you can't spell liquidity without the 'L'

2024-03-30 21:52:13

- reply

My front garden has undergone a similar transformation over the years. Gone from lifeless clay and rocks to soil. Complete with earthworms, salamanders, and all sorts of life. So gratifying.... hope the next residents take care of it 🌱

2024-03-30 03:48:48

- reply

This one is awesome 💪🏾

2024-03-27 13:13:19

Every light, no matter how bright, creates the necessay precondition for the shadow. This is the universal duality of things. #Bitcoin must necessarily produce crypto. That IS the journey. Resist the temptations of fiat shitcoinery. Find bitcoin. It can be no other way.

2024-03-24 19:33:57

- reply

Not to be that guy that whips out the Bible, but this parallels the Cain/Abel or Jacob/Essau dynamic... failure to make the proper sacrifices in life is the road to bitterness and envy.

2024-03-22 21:47:04

Happy stacking, my friends
#Bitcoin
https://image.nostr.build/2bd5e4a255dde05c21e8328f765ae950b2975084e1ba4de58473d852c35e2b1c.jpg

2024-03-10 17:48:02

What is "value?" Simply put, value is a derivative of time.
What is #bitcoin? Simply put, #bitcoin is a digital shard of time that can only be broken free using pure energy.
#Bitcoin does not have intrinsic value. It IS intrinsic value.
Building on @npub1cn4…3vle brilliant Atlantis presentation.

2024-03-08 15:48:02

#Nostr is the actual metaverse.

2024-03-07 05:39:58

The way I've come to view time spent in #bitcoin (i.e. how early you understood/adopted it) really parallels the way I view time in general.
As a child, your time seems more plentiful, and is in may ways the purest it will ever be. But you're completely unaware of the value of time.
As we get older we value time more and simultaneously experience increasing theft or consumption of that time.
But regardless, the most _valuable_ time we have access to is the present. Makes no sense to compare an hour of time now to back when you were a kid.
Similarly lamenting not getting into #bitcoin 8 yrs ago does no good. Do it now.
I'm convinced (the plentifulness of your time)*(your capacity to appreciate time) = some constant. So no, you're not too late to start bitcoining. Any more than you're too late to start valuing and respecting your time.
Bitcoin's price has gone up, yes. But so has the price of continuing to be unaware and naive. You know better. Wise up. Start stacking.
#nevent1q…4x28

2024-03-07 03:05:53

- reply

Pretty cool. Maybe a little reminder that using energy is how we express that ANYTHING has importance or value. And that bitcoin using energy is just an example of this reality. In fact, a thing can be judged not by HOW MUCH energy it uses, but by WHY it uses said energy.

2024-02-29 14:24:52

- reply

Or just keep a fixed discount for orders in sats? Aka all menu items are 2, 5, or 10% off if purchased in sats. Helps account for volatility while avoiding constant repricing. I think most customers will accept variable pricing if it means guaranteed real cost savings. You may find you need to experiment with different discounts to remain viable

2024-02-26 22:25:45

Why is Sorkin such a dweeb?
https://youtu.be/4YLehfd8ZLg?si=Bd6zJ612hM3j1ww5

2024-01-28 03:49:46

- reply

Morality by definition exists at the intersection of the individual and the group. One of society's fundamental purposes is enforcement of morality. Now whether "society" means the State or something more local/decentralized is a different question. But social compacts should be enforced beyond simply trusting the individual to do the right thing.

2024-01-27 20:42:20

- reply

These sleepwalkers fail to realize the US govt is morphing into the very villains they gleefully villify in their history books and religious texts (Great Britain in 18th cent, Roman empire in times of Jesus, etc.)... regulatory overreach, bureacratic bloat, onerous taxation, military tomfoolery....

2024-01-27 20:31:24

What these arrogant fiat NPCs don't understand is in David v Goliath dynamic, Goliath's fatal flaw wasn't lack of forehead armor. It was hubris. He failed to even CONSIDER the possibilty of defeat. This created a huge blind spot. As such with these Wall St and Washington power brokers that think they can subjugate bitcoin. David wins in the end.