Nitesh

I was listening to the @npub1jsy…guhs episode with Saylor. There are so many things that are fundamentally wrong with his takes.
His words: "There are all these 2nd, 3rd, 4th order concerns in aviation and aeronautical engineering, you don't have those concerns if you're just a hacker. People that are computer programmers, they just write code, it works, the world is very simple".
That is not how software engineering works, they are called engineers for a reason and not programmers/hackers. Good software engineers and companies where software is critical hold their software to very high standards which includes Bitcoin core. You can look at the code guidelines of NASA as an example. They have extremely strict policies on how to handle memory for example because the code they write can never leak memory when it's being used in satellites and spaceships.
This narrative of software engineers as just being hackers and they just hack shit together overnight is wrong! Real production codebases are taken very seriously by every software engineer! Just because you see tweets of someone posting a GitHub link of what they hacked together over a weekend, that is never used by real people in production. It sometimes takes years to make it production ready.

2024-05-29 03:09:44

If you're a business avoid vendor locking as much as possible with all the software/infrastructure services you use. Try to use as many open source products as possible. Sometimes it's difficult to look for alternatives because companies like AWS or Cloudflare make it too easy but they will also make you regret one day if you have no easy way to switch your providers.

2024-05-28 00:57:39

Soft forks are not really protocol changes because everything is backwards compatible so you're not breaking anything, you're only adding something new that isn't supported yet.

2024-05-27 19:45:18

So Saylor says we can either have sound money or censorship resistance and permissionless medium of exchange and not both. So he prefers ossification so that we could have sound money.
Both are equally important for the success of Bitcoin. If we can't get the censorship resistance and permissionless part right then I'd suggest we quit on Bitcoin and just use fiat.

2024-05-26 13:22:44

Alright America, I am willing to tolerate Donald Trump as the President for 4 years only because he promised to free Ross Ulbricht on day 1.

2024-05-24 18:01:56

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So many definitions of maxis lately.

2024-05-24 17:03:25

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Who said anything about ethereum ETF hurting Bitcoin?
I was only saying maxis believed that SEC would deem all crypto as securities and Bitcoin would just Ngu to infinity and other tokens would just die.

2024-05-24 16:12:54

Maxis who followed Saylor are in disbelief that the Ethereum ETF got approved and thought that the SEC was your friend and they would approve only Bitcoin and everything else would just die a painful death.

2024-05-23 02:29:13

The delete button is one of the greatest lies by every big tech company. None of your data is ever deleted by any of them, they just flag it as deleted in their database so that it doesn't show up on client applications.

2024-05-18 16:07:17

For everyone waiting for Bolt12 support in LND, this is a nice PR that got merged. Starting with Lnd 0.18 everyone can run the LNDK project without a custom build of LND. Hopefully this boosts the bolt12 adoption that everyone's been waiting for.
https://github.com/lightningnetwork/lnd/pull/8744

2024-05-17 17:14:06

Good one. Bitcoin core needs this.
https://world.hey.com/dhh/open-source-is-neither-a-community-nor-a-democracy-606abdab

2024-05-13 15:14:03

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3 conferences in the same year? 😅

2024-05-13 15:09:59

The closer you want to get to privacy the worse the UX becomes. There is no perfect solution out there for privacy, use whatever gets you closest to it while trying to balance out the UX. There is only so much pain you can take while using privacy tools. Everyone says fuck it at some point.

2024-05-12 14:50:09

A lot of people don't seem to get it. e-cash is A solution. It's not the answer to all our scaling problems. If you open your eyes and see what's happening outside you will quickly realize e-cash can be very quickly shut down in a lot of parts of the world. If you didn't realize yet, the fedimint federation everyone got excited and started using said they're shutting down and asked everyone to withdraw their funds. We need real scaling and privacy solutions. Not hacky workarounds.

2024-05-11 13:59:00

The state of Indian politics from several years. Political parties campaign in small towns and villages and distribute cash and buy votes. These are the kind of politicians we are living with, Bitcoin is hope to get away from all this. I hope we get there one day but we have so many challenges to overcome and tbh my hope that we will succeed isn't that high.
For almost everyone who don't know what this means, it's my mom texting in our family group saying she received 5K rupees from a political party to vote for them.
https://m.primal.net/IFfp.jpg

2024-05-06 19:53:10

A good post from fiatjaf on how Nostr is centralized and not very censorship resistant as of today.
https://fiatjaf.com/87a208d9.html

2024-05-06 18:02:28

Only Xcode can make the most powerful laptops heat up and turn the fans on.

2024-05-06 14:48:12

Why are Apple stores so full all the time? What do people go in there and do? Every store has like 25 people working inside it and all of them are occupied.

2024-05-05 10:58:43

The ossifiers and the NGUs will be happy this year. Bitcoin will probably hit $100k.
I'm going to be unhappy because we are behind on privacy and scaling. Like Zeus Evan Kaloudis said, self custody is the hill I will die on.
Success isn't the ETFs or 100k, success is everyone can use Bitcoin holding their own keys.

2024-05-05 10:29:21

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I don't understand your answer. How would I use HTLCs if that's now how the protocol is designed?

2024-05-05 00:59:08

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Then I'd like an HTLC with extra steps.

2024-05-04 20:45:44

Maybe it's too late but I want bolt12 onion messaging to be paid and not free. Maybe there could be a range from 0 to a maximum of 1 sat in fees but I am completely against it being free.

2024-05-04 10:14:37

MMT is the most ridiculous bullshit ever.
You having credit card debt is not ok.
Businesses having bad balance sheets is not ok.
The govts having deficits year in and year out is ok?? Wtf?

2024-05-03 19:57:07

Bitcoin's success is not guaranteed, if you think it is, you're delusional. We have so many challenges that we have to overcome including us bitcoiners being a hurdle to our own success.

2024-05-03 13:22:35

There is no free stuff. If you get something for free, everything else gets more expensive.

2024-05-02 21:45:40

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Routing hint will only contain scid alias. not the channel ID tied to the utxo.
yeah, only a force closure will reveal.

2024-05-02 20:27:01

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which is why I said "pretty much"

2024-05-02 19:17:57

Ok since the coin join implementations are pretty much gone. Here's a privacy technique that could work.
- Get Zeus or Blixt Wallet. Buy inbound via LSP. They open a private Taproot channel.
- Stack sats on lightning.
- When balance is all on your side, close it. It's a Taproot channel so nobody would know it's a channel close.
- move funds to cold storage when fees are low.
- once you think your pubkey has been exposed enough, delete the wallet and start over with a new pubkey.

2024-05-02 09:58:31

Can we all now say Fuck you Saylor?

2024-05-02 06:18:03

All you smart people attending Bitcoin++, by the time the conference is done make sure we activate at least one soft fork.

2024-05-01 12:32:19

90% of women are leftists. The rest are married and have kids.

2024-05-01 05:46:33

What a week for us Bitcoiners, huh?
https://m.primal.net/IBtH.jpg

2024-04-30 21:34:07

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Dubai sounds nice.

2024-04-30 21:32:13

Alright, who wants to leave the US with me?

2024-04-30 08:17:27

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Stolen is slightly better, but if they are stolen the coins shouldn't be in the addresses you used for kyc because whoever stole your keys will move the coins.
also if enough people say stolen, now the gun point will just move to your kids head from your head.

2024-04-30 06:45:12

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The thing with gold is, its supply isn't audited like Bitcoin so you could get away not giving up everything as long as you can prove that you only own X amount because in most places acquiring non-kyc gold isn't very hard.
To be clear, I'm not saying gold is better, I'm only saying privacy on Bitcoin sucks.

2024-04-29 21:57:22

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I lost my keys is actually a bad answer. Because now you have told them that you can never move those coins, so if they move, you have lied.

2024-04-29 18:14:49

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Your kyc UTXOs. Feds walk in, point a gun to your head, most people will start reciting their mnemonic.

2024-04-29 17:34:21

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Yes. We just don't admit it.

2024-04-29 16:52:25

Fun fact: Bitcoin in self-custody is very easy to confiscate.
Way easier than gold.

2024-04-29 03:27:59

Finance experts, how fucked is the Yen? Can they do any manipulation to revive it?

2024-04-28 10:46:53

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I agree. merchant adoption is so bad that I am losing hope.
meanwhile we have idiots beating the drum and store of value and ossification which is frustrating.

2024-04-28 10:28:15

I get excited whenever I see the Bitcoin logo randomly on the streets. I don't know why.

2024-04-28 04:00:56

All governments turning authoritarian is less of a worry for me than all people eventually getting used to it and just bend the knee and live with it.

2024-04-28 04:00:43

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looks like there is hope.

2024-04-28 00:54:06

Not a single coin join transaction in several blocks now! 🙁

2024-04-26 20:33:14

Doesn't Mr. Joseph Robinette Biden Jr know 2024 is an election year and you shouldn't be making enemies?
These people are so good at losing vote banks. Bruh, if you and your party want to be communists, at least win the election before fucking us over.

2024-04-26 17:15:03

Privacy and scaling go hand in hand. You get more privacy with better scaling solutions.

2024-04-26 14:03:47

With the shit show going on right now, if I were a dev working on Bitcoin core, I'd also look into moving the repo to a safer place than GitHub.

2024-04-26 09:40:07

They know they are losing so they are coming after you and your money and your privacy. They will do everything in their power to gain control over you.
What you are seeing is just the beginning.
There is no red and blue, it's just them vs you.

2024-04-25 14:45:35

I no longer live in the land of the free. I live in a communist regime!

2024-04-24 20:07:52

The Samurai arrests are disturbing. Our freedom is being taken away every single day. Before we know it, we are going to lose all of it.

2024-04-24 15:33:50

Day 3 of water fast: My fast ends in about 5hrs.
Once you get past day 1, you will feel pretty good. However, my productivity did go down.
From my little experience, its great to do a water fast to shed some pounds and then start eating healthy and not go back to bad habits.

2024-04-23 20:11:57

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Yes, I need all these vitamins tomorrow.

2024-04-23 19:38:33

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3 is the goal and stretch goal is 4.

2024-04-23 18:15:32

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Yes, starting to realize that.

2024-04-23 18:15:20

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I feel ok, but not being productive though.

2024-04-23 18:04:19

Day 2 of water fast. Going well for now, I think you will stop feeling hungry once you get past 24hrs.

2024-04-23 03:29:45

One blockchain is full so now we are all after a second blockchain called liquid. If that gets full, we'll probably run after a 3rd one.

2024-04-22 17:04:30

Goal 72hrs water fast.
Stretch goal is extend until 96hrs.
Day 1: It's been 22hrs since I started. Feeling good so far. Let's see if I can keep going.

2024-04-21 22:41:40

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yes

2024-04-21 22:09:25

Outside my community today. It's incredible how the US fucks up everything!
https://m.primal.net/HyUg.jpg

2024-04-21 00:58:41

Finally! A whole bunch of breaking changes from 0.11 but my favorite language of 2024 has a new release.
https://github.com/ziglang/zig/releases/tag/0.12.0

2024-04-20 17:01:07

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The ideal scenario is channels should never force close and we should never experience temp channel failures when making payments. hopefully we'll get there.

2024-04-20 16:54:47

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The ideal scenario is channels should never force close and we should never experience temp channel failures when making payments. hopefully we'll get there.

2024-04-20 16:45:57

The point of lightning is to open channels when fees are low and use them when fees are ridiculously high.

2024-04-20 01:58:22

Dear lightning Gods. anything but a force closure now.

2024-04-20 00:33:59

3.125

2024-04-19 16:42:20

someone just forked the Blixt Wallet Codebase and launched another app on the play store. wtf?? Looks very scammy, please stay away.
https://play.google.com/store/apps/details?id=company.satoshipayments

2024-04-18 23:34:21

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your revenue gets cut in half, I think a lot of miners will turn off their machines. it's so easy to scale down with Bitcoin mining. literally takes them 2 mins.

2024-04-18 15:23:13

ok this is very concerning. we really need stratum v2.
https://twitter.com/0xB10C/status/1780611768081121700?t=yKmPvO8VO3w0ebmdg0yJWA&s=19

2024-04-18 14:50:28

Won't a bunch of hash rate go offline after the halving until the price reaches a certain level because miners will be unprofitable at the current price? Would be nice to have data based on current energy prices.

2024-04-18 14:33:11

When two people can't share a desk to game, you share a TV stand.
https://m.primal.net/HwoY.jpg

2024-04-17 20:56:45

Nitesh 1 - 0 Zeus
https://m.primal.net/HwWt.png

2024-04-17 20:55:08

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ser - my 1000 sats please.

2024-04-17 19:46:57

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try primal.

2024-04-17 18:11:11

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1000 SATs on Bayern. zap this note if Bayern go through. I'll zap yours if arsenal win.

2024-04-17 18:10:11

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lmao.

2024-04-17 17:58:32

We need betting on Nostr.
Who goes through, Arsenal or Bayern?

2024-04-17 17:39:02

lightning wallet inside primal is asking this and people are still excited about this? for what?
I'd use Alby or something else with wallet connect than this.
https://m.primal.net/HwUE.png

2024-04-17 17:14:50

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It's ok to not ditch anything, open source alternatives aren't always that good to use however ridiculing people when they talk about importance of privacy and censorship resistance is unacceptable.
It's important to be aware of alternatives and give them a try.

2024-04-17 17:01:42

Most people consider privacy and censorship resistance as extremely overrated until one day when the companies and governments they trusted stab them in the back. Brazil has fallen. Which nation is next?

2024-04-16 14:49:21

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Yes. This is a thing people keep forgetting.

2024-04-16 14:42:52

We have only one chance to get it right. We need to continue to upgrade Bitcoin and ensure it scales to every human on the planet.
We cannot have custodians and big corporations take control over Bitcoin. They tried it once in 2017 and failed and we have to make sure they keep failing.