mrldotsh
Mr. L

Fix the money, fix the world! 🧡⚡️

Public Key

npub1njsejpxx4x04slle73wl56u6kf4yef57m05xl5ukjt9f4s63lrqq2v2875

NIP-05 Address

mrldotsh@getalby.com

NIP-57 Address

mrldotsh@getalby.com

Profile Code

nprofile1qqsfegveqnr2n86c0lulgh06dwdty6jv560dh6r06wtf9j56cdgl3sqpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqg0waehxw309ajjumn0wvhxcmmv6mlws4

Publishing to

relay.nostr.band

e.nos.lol

relay.damus.io

Author Public Key

npub1njsejpxx4x04slle73wl56u6kf4yef57m05xl5ukjt9f4s63lrqq2v2875

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Last Notes

2024-10-08 03:42:59

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Probably also 0% 😄 But coins will get lost, I think we can’t do anything about this? 🤷‍♂️
If by deflation you mean price movements, then I‘d say we could look at the PC/chip market.
Don’t know if we would call it optimal, but it’s a working market, still.
Even if prices drop ~50% every year or two, or computing power doubles every year or two for roughly the same price.

2024-10-06 09:46:13

People will benefit from #Bitcoin even if they don’t own it themselves.
Just like the printing press, #Bitcoin will make the world a better place for everyone.
#note12m9…tz0e

2024-10-06 09:33:12

#Bitcoin Game Theory:
#Bitcoin will change the „business model“ of countries.
As soon as countries start to accumulate Bitcoin, the increase in purchasing power can change the „business model“ dramatically.
They will see surpluses, deficits.
Then, countries no longer rely on taxes and printing presses.
Countries can lower taxes to attract wealthy people und corporations.
They‘ll start competing for wealth and brain power.
People will benefit massively.

2024-10-02 07:10:25

The rumors are true.
I bought again.
Not to state the obvious, but... hence, the price dump.
Sorry for ruining #uptober

2024-09-24 19:50:50

Gold is scarce.
Bitcoin is finite.
#note1cqp…v847

2024-09-23 19:14:09

We‘ll always need money.
Let’s choose the best form of money.
For quite some time, I was a fan of „The Venus Project“ (https://www.thevenusproject.com/).
It envisions a future without war, military, crime, poverty, nation-states, and even without money.
How? In short, through technology and automation.
The key aspect was to get so efficient in everything we want to produce, that everything becomes free (as in „gratis“) and everyone can just pick up what they need at the next local store.
I always found this intriguing.
I liked the idea.
I could understand why we wanted to live in such a world.
Who wouldn’t want to get everything they need, for free?
But something didn’t add up.
I couldn’t point to it at that time.
Jacque Fresco, the founder, always seemed so sure about it. We don’t need a money.
But something bugged me.
Money is a tool.
Yes, our fiat money is broken.
It’s a broken tool. But a tool nonetheless.
What is it a tool for?
To store value, to transfer value. AND: to *measure* value.
Measuring value is a key aspect we often don’t understand well enough when it comes to money.
We don’t think of „measuring value“ when we „use“ money.
Not in the same sense as we measure length, for example.
Why?
Because the measuring tool, Fiat money, is broken.
It changes it’s own „length“ constantly.
We call it inflation.
Inflation hinders us to use the tool properly.
We constantly need to adjust to new units.
But we will always need to rely on a tool to measure value.
Even if everything is highly automated.
It can only become virtually free, but never *really* free.
We live on a planet with finite resources.
Even if we can produce anything through automation and don’t require costly human labor anymore, we will be bound to the constraints of a finite planet and it’s finite resources.
Many things may become „dirt cheap“, yes.
We may even consider it virtually free because it’s so cheap to, say, even buy/rent transportation.
But it can’t become totally free.
High automation combined with finite resources will require us to put a price on any resource we want to consume.
The free market mechanism need to be able to work.
If a once abundant resource becomes scarce, its price needs to rise.
If it wouldn’t rise, we’d exhaust the resource completely.
The price needs to rise.
We‘ll always need a money.
As such, we need to use the best money there is.
If we‘d still use Fiat money, the ones with the money printer will end up consuming all resource until there’s nothing left, just because they can pay any price they’re asked.
We’ll always need a money.
Let’s use a tool capable to *measure* value.
Let’s use a tool with constant units.
21 million. Never more.
#Bitcoin
https://m.primal.net/KzXR.jpg
https://m.primal.net/KzXQ.png
https://m.primal.net/KzXo.png
https://m.primal.net/KzXz.png

2024-09-16 19:43:35

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They can try :)
https://m.primal.net/KsBz.jpg

2024-09-15 08:15:10

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Totally ok in my opinion.
You have to take more at first when engaging in new topics.
On the other hand, you might bring value even if you only ask questions.
Maybe you ask a question never ask before, shining a completely new light on a topic?

2024-09-07 12:12:43

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😂 👌

2024-09-07 11:00:01

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🧡

2024-09-07 10:57:15

„Slow is smooth and smooth is fast“
– Navy Seals
One of the best trained people have a low time preference.
https://m.primal.net/KhwF.jpg

2024-09-05 19:50:49

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😄👍

2024-09-05 19:45:28

„How many #nostr or #bitcoin users are there anyway?“
I call it the „@npub1der…xzpc -index“ 😂
#note1sk4…tgsc

2024-09-05 19:44:09

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Most are probably Bitcoiners, too.

2024-09-05 19:43:28

„NoBoDy iS oN NoStr. I DoNt gEt AnY LiKeS“
Well, @npub1der…xzpc has ~144k followers.
So, there are at least that many #nostr users.
https://m.primal.net/KfrS.jpg

2024-09-05 19:38:10

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Is it „slay your heroes“-season again?

2024-09-05 18:22:13

Work so hard on things you enjoy, that you even forget to spend time on social media.
Just another way of #GoingGalt I guess?

2024-08-31 06:31:16

2016: $1k
2017: $20k
2020: $20k
2021: $58k
2024: $58k
2025: 👀
Said differently:
Whatever the price will be in 2025, that will be the price in 2028
https://m.primal.net/KWes.jpg

2024-08-31 05:41:26

Everything is good for #nostr
#note1jkc…yh32

2024-08-30 15:49:38

Not matter how long you are in #Bitcoin, the minute you stack sats, the price dumps.

2024-08-29 18:19:28

https://www.youtube.com/watch?v=GdkNMNEeeZA

2024-08-29 18:18:17

When did #Bitcoin last blow your mind?

2024-08-29 05:54:51

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Always has been 🔫

2024-08-29 05:54:32

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Few.

2024-08-29 05:48:50

insert into nostr (notes) values ('GM');

2024-08-29 04:33:34

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Try here
- https://nostr-resources.com/
- https://nostrapps.com/

2024-08-28 04:41:58

#nostr for long form content?
Like a replacement for blogs, ghost.org/substack,…
Any recommendations?
Just write a long post here?
Simple markdown formatting would be nice 😃

2024-06-30 21:26:21

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Mama Döner

2024-06-13 21:02:52

Finished setting up a brand new #Bitcoin wallet that I'll be giving away soon.
Always feels like a special occasion 🧡

2024-06-08 11:38:51

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Any ideas on how to improve this?
Where do people struggle most?

2024-03-25 09:56:17

"hOsTeD wAlLeTs"
#note1nlw…lte0

2024-03-25 09:54:32

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We should also not give into the phrasing of "hosted" vs. "unhosted" wallets.
There are seed phrases.
There are signing devices.
Some are connected to the internet.
Some are not connected to the internet.

2024-01-14 19:00:49

never mind...
#note1wss…hs4m

2024-01-11 20:25:14

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you're a funny cyborg 😃👌

2024-01-11 20:24:08

Twitter is fun lately because boomers entered the #Bitcoin land.

2024-01-10 12:21:57

Controlling #Bitcoin UTXOs directly will probably be out of reach for most in the future.
Assume the following
- no tech changes
- $1 = 1 sat
- low fees like today, 30 - 50 s/vB
If you're not a Satoshi Millionaire, would you even *want* to spend 1.000-10.000 sats for 1 TX?
(Assuming $ = today's purchasing power)

2024-01-01 11:13:01

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Elixir and the Erlang BEAM are still so underrated pieces of technologies.
Many of today's software challenges could be built on this platform in a simple, clean way.
I'm currently working on a side project as well (hope to be able to open source it soon). Not a big project, but the platform and ecosystem offer all the moving parts and with relatively little code, you'll have a robust system up and running in no time.
Still love to work with this language and ecosystem 🧡
#note1ngy…mypf

2023-12-31 17:20:23

Little project I‘m working on:
„Mempool Monitor“ 👀
Monitors current #Bitcoin fee rates, notifies you if configurable thresholds are crossed.
Nice for when you want to know when is a good time to manage your UTXOs.
Not yet live, but would be nice to get early feedback.
How does it work?
1. You’ll configure lower/upper threshold of sat/vB
2. You‘ll get messages:
- low fees: fee < lower threshold
- in range: lower < fee < upper
- high fees: fee > upper threshold
Current MVP would send you a #nostr DM.
Works and was easy to add.
However, Nostr clients won’t notify you reliably in time, it seems so far.
I‘m open for other potential notification channels.
One could also be a more technical one: calling a Webhook of your service.
This would open up future uses cases, like executing scripts on your side.
Let me know what you think.
I hope I‘ll be able to get an MVP version online in the coming week(s).
The basic setup and service already works (alpha, but the screenshot is not faked 😊).
UI is completely missing, though.
https://m.primal.net/HWFR.png

2023-12-31 14:50:22

Do mobile push notifications when receiving DMs work reliably for you?
I'm currently using Primal or Damus client.
It does not seem to work for me all the time on Damus.
Don't think it is available on Primal yet?

2023-12-21 06:39:27

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🧡

2023-12-17 07:47:21

Anyone figured out how Nunchuk is implementing their „Honey Badger“ plan (I.e the one with Inheritance Plan)?
Their docs only get me so far but doesn’t seem to answer all questions. #note1dhv…eth8

2023-12-17 07:43:44

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I‘m curious about this too.
- the inheritance key: Nunchuk says it’s a 2-of-4 setup. But if the conditions for claiming the inheritance are met, isn’t it effectively a 1-of-4?
Because they also mention that „all funds“ can only be moved if 2 of your own keys are used (the platform key should only be able to co-sign to the configured amount).
So, I suspect that the inheritance key has also the sole signing rights if time-restricted conditions are met?
What am I missing here?
Can the inheritance setup be restored in e.g. Sparrow as well?
- platform key: where exactly does the primary key reside? It must be a software key. But is this key also synchronized to the cloud and available on the desktop app or does it reside only in the mobile app? And how do I know, it does not internally have the majority of/sole signing rights. Given that the co-signing amount is configurable and is denominated in $ and not sats, this is still a little confusing to me and I haven’t figured out how that could be implemented without custom logic on their servers (I.e. in a trustless way) and restored on e.g. Sparrow.

2023-12-12 06:03:09

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🧡

2023-12-10 05:59:51

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Not really a fan of Nest.js anymore.
I like to default to Elixir nowadays.
Elixir + Phoenix + Ash Framework 👌

2023-12-04 20:21:51

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https://1btc-equals-1btc.mrl.sh/

2023-11-25 06:07:06

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Fun fact: I took a closer look at #Bitcoin because of Taleb‘s Antifragile.
His work essentially gave me the initial push before I really fell into the rabbit hole.
It’s ironic knowing now that he he later turned his back on #Bitcoin, but I still value his work and books.
Skin in the Game is one concept that I also really think is needed and missing in a lot of areas in today’s world, especially in areas like politics.

2023-11-22 05:32:50

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🧡

2023-11-12 08:04:15

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Yep, I think so too.
> Nobody ever said it’s going to be easy to be your own bank
No, but at the same time it was never easier! 😃
It’s amazing how many cool new products and services are announced and available to take matters into your own hands.
So, I definitely see your point as well when you criticize suggesting WoS for all newbie’s.
I‘m hopeful for the future of Bitcoin. Onboarding new people will only become easier over time.
And perhaps one day, even multi-sig will be so easy that it will be the default. Who knows 😄

2023-11-12 06:10:22

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I am using Phoenix as well. It is a good choice to get into self custody smoothly & quickly.
However, I have also learned that many people struggle with the concept of writing down a seed phrase.
For new comers (that don’t even use password managers), this concept is pretty alien.
Now, I mentioned password managers but not to tell them to store their seed phrases in password managers. That’s not a good thing to do.
I mentioned password managers to highlight the fact that most people are still pretty bad in managing their passwords even in 2023.
So, I kind of get why many resort to WoS because it is very easy to get into BTC.
People are used to having everything managed for them and it being able to recover somehow (I.e. customer support etc.).
IMHO, you‘ll scare these kind of people away (or lead them to failure and fuck up because they lost their seed phrase that was written down on paper).
For these people, I can see why WoS is a good start. Then from there, level up.

2023-11-12 05:50:03

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Which one do you prefer?

2023-11-12 05:28:07

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On iOS, you need to set up https://www.zapplepay.com/ to be able to Zap some Sats.
In Zapple Pay, you can set up donations. You can match the Zap amount and send to Damus if you like.
So, what you suggest is able today already.
Just not built-in in clients. https://image.nostr.build/db1a0ca83e9865a90d9195ba8126a2ba50c0be044b0ec8fa30b361060cb7c9bf.jpg

2023-11-12 05:02:15

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https://image.nostr.build/59bc08c3de6b7d56ba919edb01137fcdc41b962095733e610d739d429693bc86.png

2023-11-11 08:33:23

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🧡

2023-11-11 05:13:09

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Works like a charm, also thanks to @npub1get…0nfm 🧡

2023-11-11 05:00:30

Very bullish on #nostr
Need more connections to all of you 😃
Any recommendations for who to follow?

2023-11-11 04:54:43

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🧡

2023-11-11 04:38:39

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I had the chance to do this for the past two weeks.
Worked wonders.
I was in a place with shitty internet. That helped the most since I couldn’t „access“ all the madness.
So, whatever you plan to do, it’s probably most helpful to not access the internet as well and just focus on the current moments and surroundings.
„This shall pass, too“ 🙂
It’ll get better and everything will be good 😊
The future is bright!

2023-11-09 05:37:31

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TesseracT is a band I come back to every so often.
https://youtu.be/HBuZjg4aSA0

2023-11-06 17:20:59

Just found out about Zapple Pay.
Fucking Awesome! 🤙
#Bitcoin + #nostr = unstoppable ⚡️🚀

2023-10-06 06:47:42

Governments should buy #Bitcoin
Use 5-10% of tax revenue
⬇️
Buy & Hodl
⬇️
Game theory plays out. Other countries follow.
⬇️
Bitcoin Standard & Hyperbitcoinization follows
⬇️
Purchasing power of BTC increases forever
⬇️
No need to rely on future tax revenue
⬇️
Everyone prospers

2023-10-02 17:24:24

#Bitcoin is backed by Bitcoiners.
Calm, innovative, and productive people.
The strongest asset there is 🤝

2023-09-23 05:29:20

Stop over-complicating #Bitcoin hodling.
I‘m not shorting Fiat.
I‘m not speculating.
I‘m not investing.
There’s no plan to sell for a bigger Fiat amount again!
I’m simply saving in #Bitcoin.
That’s it.

2023-09-02 10:23:38

Leave notes, spread the word.
The world needs more #Bitcoin‘ers 🧡 https://cdn.nostr.build/i/7c9cc13c619e5f8ae520765561e20c4e6f09b199ec013e9452c368db65295a5e.jpg

2023-09-02 04:29:14

Love it when @hackernews meets #Bitcoin and #nostr
You can feel a whole different dynamic than when reading and comparing with other threads.
People involved in freedom-tech just don’t care. They build.
Makes me proud of all of you 🤝🧡
https://news.ycombinator.com/item?id=37351668

2023-08-26 07:03:13

Hyperbitcoinization. It will change everything.
#Bitcoin https://cdn.nostr.build/i/6aeba438cca55536b208c691ffd8b46e836d7e6f33a7470de5ea8c6b0e961a1a.jpg

2023-08-23 09:46:49

Everything is rented except #Bitcoin

2023-08-09 18:21:18

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Can you do the same with the next block? 👀

2023-08-08 17:37:44

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👀

2023-08-01 20:52:05

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https://cdn.nostr.build/i/caf729749a442b371fdc526b96d277a3a4f9c615e9cc21d9b54e2b4d8128562a.jpg

2023-08-01 20:47:14

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Free and open protocols will liberate the web once again.

2023-07-31 12:07:10

How it started: #Bitcoin is for psychopaths and shadowy super coders
How it’s going: #Bitcoin is Big Ken Energy

2023-07-31 12:01:55

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But I also want to kind of keep #nostr 👀

2023-07-29 11:57:43

We‘ve been traveling in and exploring Norway 🇳🇴 for the last 2 weeks.
Beautiful country!
Nice cities.
Friendly and welcoming people.
3 things noticed right away:
- Language
- Infrastructure
- Money
Spoiler: Cash is gone and will not come back.
#Bitcoin can fix this.
Language:
Nearly everyone speaks English and fluently so.
Even in smaller towns and when meeting older folks.
(I only want to highlight this because this is certainly not the case in Austria 🇦🇹 where I come from.)
Communication is easy.
Infrastructure:
We only used public transport.
Oslo - Voss - Bergen - Trondheim - Oslo.
On that route, and within the cities, public transport was easy to use.
Important learning: if you want to hopp on a bus 🚌, you need to indicate this to the bus driver when the bus is approaching the bus stop🙋‍♂️
Otherwise, the bus will not stop and pick you up.
Didn’t expect that.
Learned this quickly, though 😅
They really want to go electric ⚡️
With everything!
Cars, bus, ships,…
And in bigger cities, the share of electric transportation is already pretty high.
And I must say, it is really nice!
Leaving aside why Norway is pushing so hard to go electric: From a pure „user experience“ point of view, we liked it!
Cities seem to be quieter and calmer.
From an outsider view, it also seems to work.
Note: I was only passenger and did not need to use the charging infrastructure myself. Happy to get feedback!
The transition phase also seems to work nicely.
But Norway has the resources and capacity to do so.
They did not kill their oil industry.
They used the revenues to build up the new infrastructure.
Money:
Cash is already gone in Norway.
Everything is digital.
There are sometimes even „cash fees“. So, it’s more expensive to use cash.
The next thing is weird to say as a #Bitcoin‘er:
From a pure user experience view, it is nice!
It’s seamless and nice when you can pay everything by just getting out your phone.
Especially as a foreigner.
But you also experience how old and expensive the current banking system can be.
First, I used my debit card I use at home. Works, but is expensive because they charge quite hefty fees for exchange rates (EUR -> NOK).
After a couple of swipes, I saw the fees and went: „ugh… that’s getting expensive“.
Revolut helped here.
Create a virtual card. Exchange EUR to NOK for free. Add the virtual card to Apple Pay and all the expensive fees are gone.
However, the #Bitcoin‘er in me didn’t really like it.
All the data is now captured by 2 services.
Apple, and Revolut.
But again, from a pure user experience, it was nice and easy to use!
#Bitcoin can fix this.
Same user experience.
Better privacy.
But then something clicked in me.
Cash is gone and will not come back!
We are going digital and it might not be a bad thing even if digital does not mean #Bitcoin right away.
People are getting used to paying digitally.
And this might help the adoption of #Bitcoin
When we speak of cash, we mean the printed paper.
But we are going digital and we will stay there.
In the current system, digital money is debt. It‘s not cash. And in the worst form, it might even be CBDCs. Yuk!
#Bitcoin is digital.
It also works more like cash again, but that’s not important for most people.
Most people don’t care about this distinction.
But the user experience in #Bitcoin is much like with the current banking apps.
It’s digital.
You walk up, order something, get out your phone and pay.
And I argue, societies that are already cashless (i.e. digital) may be primed for a quick #Bitcoin adoption once it starts picking up steam:
They are used to paying digitally.
However, why would I want to switch as a Norwegian?
It’s just one digital money for the other?
The incentives in rich, already digital societies are not there. At least for now.
They also experience inflation, though.
However, it’s not bad enough, yet.
And in countries like Austria, if you want to use #Bitcoin, taxes will be an additional burden.
Cash will go away.
But that might not be bad, since we have #Bitcoin now.
Money is and will be digital.
Societies that already use digital money, might be quick to adopt #Bitcoin.
But there needs to be a reason good enough to make the switch.

2023-06-22 04:29:27

What’s your opinion on @nunchuk_io?
https://nunchuk.io/
1. 👍
2. 🤷‍♂️
3. 👎
#Bitcoin

2023-05-29 19:24:43

#Bitcoin‘ers have bigger wrenches. https://nostr.build/i/0cf963c392d4ff206ef48f81339b4a7f12d1a10d187b54b127e2062ad66a595d.jpg

2023-05-08 19:10:41

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Most of the time it’s the simpler solution.
And simple always wins.
But there are use cases where you know from the beginning that a particular service will be scaled up differently than the rest of the service.

2023-05-08 19:06:32

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Well structured monoliths so that you can break out microservices if needed.

2023-05-08 19:03:56

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It’s the future anyway 😃💜

2023-05-07 20:35:41

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I‘m not aware of any wallet that can broadcast the signed transaction at a later point in time automatically.
Though, you can sign, and then broadcast your transaction later manually using the Sparrow Wallet.

2023-05-07 20:29:57

At these fee rates, CPU mining might become attractive again 😂

2023-05-07 07:46:28

What books are you currently reading?
Need some inspiration 🙌

2023-05-06 22:13:09

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#Bitcoin = short Fiat world

2023-05-04 19:09:57

Amazing how fast this space is growing 💜

2023-05-04 05:57:53

Use #Nostr for a DNS-like system? 🤔

2023-04-29 18:13:35

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JPGs are not scarce and they already all exist in this file system: πfs
https://github.com/philipl/pifs

2023-04-29 18:11:53

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Here, have all of it for free:
https://github.com/philipl/pifs

2023-04-29 10:05:03

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💯
He seems to be better at it when he does not have that much time 😄
Simpler, more to the point, easy to follow illustrations 👌

2023-04-29 10:03:38

„#Nostr Spaces“
Anyone working on that already?
#note1sar…t496

2023-04-29 10:02:25

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Interesting thought 🤔
But it would then not be really P2P as the relay would be a „middleman“?
„Nostr Spaces“ could be a thing, though.

2023-04-29 09:48:48

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I watched his last few talks he gave. I think he now knows how to communicate his ideas way better then when he started.
It does resonate much more with me nowadays than a couple of months ago.
I think I get most of what he wants to say.
Not sure about what he has in mind when he says it will be used for more than just finance (i.e. Bitcoin).
I mean, he gives Nostr as an example. But Nostr works differently (from a tech perspective).

2023-04-25 18:40:22

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Bitcoiners are already on this I think :)

2023-04-25 10:58:24

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The HTTP Status Code 402 can finally be put to good use.
https://developer.mozilla.org/en-US/docs/Web/HTTP/Status/402

2023-04-25 05:05:16

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Elixir and Phoenix

2023-04-23 19:58:28

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How the tables have turned

2023-04-23 19:42:55

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Couple of years ago. Maybe 5?

2023-04-23 18:03:10

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A friend of mine did, but don’t how far.
But he had a good time.

2023-04-23 14:08:51

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When others fall over, what’s the common problem?
Writes or reads/filter requests?
My assumption is reads since different filters by the various clients need to be handled?

2023-04-23 13:44:49

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Interesting! Didn’t expect that. Need to read up on this a little bit.

2023-04-23 13:30:44

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MySQL? ElasticSearch?

2023-04-23 13:17:43

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Is this a Postgres? What specs do you need to run it smoothly?