Zaelus

Techno-optimist and first principles seeker. I try to remember to question everything. I want to learn everything.

Know thyself, and endure. In enduring, grow strong.

Public Key

npub1rc8mqg42fssvsmrnz0nsajvtru8ytt5q2k44xz6jc8wxa3l8h4nqjcer0w

NIP-05 Address

entropicbeing@getalby.com

NIP-57 Address

entropicbeing@getalby.com

Profile Code

nprofile1qqspurasy24ycgxgd3e38ecwex937rj946q9t26npdfvrhrwclnm6es5ugkmk

Author Public Key

npub1rc8mqg42fssvsmrnz0nsajvtru8ytt5q2k44xz6jc8wxa3l8h4nqjcer0w

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Last Notes

2024-09-14 22:07:10

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I hope you end up being wrong, but my instinct tells me you are right. But most of this community refuses to consider these kinds of things, which I think is a mistake. Blind optimism has never been and never will be a beneficial way to view anything.

2024-09-14 22:04:14

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Black Myth: Wukong. Was always a big fan of the story growing up, so to see it re-imagined in this way is amazing. Also, some of the most amazing graphics I've seen in my 30+ years of gaming.

2024-08-21 17:03:50

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I know these kind of small, tightly knit communities exist, but it's sometimes difficult to find one. It's difficult to find a place where you belong and where you can meaningfully contribute. I wish it were easier to find like-minded people.

2024-08-19 05:31:44

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Was referring to the mutant dude lol

2024-08-16 05:46:07

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I didn't know you were capable of saying something like a normal human 😂

2024-08-13 14:15:12

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I do not actually believe that. This post came from a moment of frustration, where I had just seen a bunch of meme and hype quote spam, and found it strange that most people talk about Bitcoin only in a present tense if they aren't parroting "1BTC=1BTC" or posting a meme or vague hype quote about how Bitcoin is the only logical future and how it will kill evil fiat. There's no substance in any of that. Along with this, I clearly don't understand money, according to many of the replies. I'm a newcomer to Bitcoin and Nostr and decentralized protocols and such in general, so my perspective is still trying to form, whereas everyone else apparently has known everything there is to know about all of this for at least 15 years (according to some guy who told me I was an idiot). So I knew I was going to get roasted, but it was a learning opportunity that I felt would be worth it.
I just want the weight of the potential impact to be reflected more in the discourse. I want to be able to talk about the intricate details and have thought experiments and discuss hypothesis with people for how things can *actually* happen, and things that *are* happening. I'm just sick of the memes and the hype quotes.

2024-08-08 20:36:38

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I think this is very accurate and something that the majority of people wouldn't be able to wrap their head around. I've thought about similar concepts before... the main thought I end up arriving at is: in a hypothetical world where government and religion didn't exist, would things be better for all? Or would something somehow more sinister take their place? I wish it were easier to find out answers for questions like this.

2024-08-07 21:27:27

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Well, I hope the status quo shifts in this direction.

2024-08-07 21:16:56

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And what do you propose we do about this situation? Because while your points here all seem valid (at least to me), it looks like the majority rules and what you're laying out here just isn't the way things are actually happening.

2024-08-07 19:26:00

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This all makes perfect sense to me and I agree with you on how it seems apparent that some kind of large conflict is looming.
And yes, absolutely, we're nowhere close to having the average non-tech savvy person being able to have easy, secure access to self custody and use it in a way that they don't have to first dedicate time and focused effort to studying and understanding it.

2024-08-07 19:05:43

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Your last statement is interesting... why do you think that's the case? What's your speculation on the timeline for this happening? I said in another comment that I hope I live long enough to see it, because I genuinely have no idea how the timeline might play out. Things seem to be changing so rapidly now.

2024-08-07 17:29:08

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Care to expand on what you mean by this for those of us who don't know whatever it is you know?

2024-08-07 15:28:42

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Well said. That's my biggest issue with content creators like her... we can identify what's wrong all day long, but if nobody bothers to even make the slightest attempt to provide some form of actionable information or useful plan or idea for what to do about it, do we really gain anything? Usually they give some lukewarm "just be prepared" type of sentiment at the end of a multi-hour doom and gloom discussion and it's just like 🤷‍♂️

2024-08-06 21:29:15

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This makes sense and I appreciate your succint answer.
I think the source of my confusion was consuming too much media where the implication seemed to be that fiat would just stop/die out, we'd then stop valuing BTC in fiat, and then we'd switch over to this new perfect system. Rather, what I needed to realize was that future value will be derived from our current system and there will be a lot of calibration over time as you mentioned. Up until now I have never heard any of the Youtubers, etc. I've been watching directly address this.
Of course my question seems stupid in hindsight, but I guess the fact that it does seem stupid now is a good indicator of exactly why I needed to ask it.

2024-08-06 20:55:47

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It was the actual exchange and not a scammer, but it still bothered me a little... but yeah, I agree, they should already have all of those details since you pretty much have to give all of that upon account creation.

2024-08-06 20:26:25

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Yeah, I realize I might have come across as a little too aggressive with my tone, but I stand by everything I wrote despite that. I get tired of seeing variations of the same memes and hype quotes recycled on a daily basis and want to take part in some more focused discussion from time to time.
It's pretty interesting to me that the committee thing has been commented on several times. I think that people misunderstood me there... there's clearly a significant amount of sensitivity to even an implication of such a thing in the community. I was just writing the random musings in my head, I never wanted to imply that a committee of any kind is *actually* needed.

2024-08-06 20:21:30

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I appreciate your perspective. My question is a product of naivete and ignorance, but also a strong desire to question new things I learn.
The analogy I have in my head is like when you give a new piece of software to a complete newbie who has no idea how things are supposed to work, and you just see what they naturally trend towards attempting to do and watch what they break. That's basically me right now with this new paradigm.

2024-08-06 20:10:14

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I think this is exactly my issue. I'm in the process of trying to mold my mental framework into something new that is ready to adapt to what is coming in the future. And it's not as easy as I would have liked.

2024-08-06 20:05:24

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I disagree with you, because I have learned the value of humility plenty well in my life without needing to be ridiculed every time.
If I see someone else asking questions like what I did in the future, I can now pay it forward, but I'm happy to know I can do so without your type of attitude.

2024-08-06 20:03:16

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Do you think I shouldn't have asked the questions I did? Do you think my desire to learn and understand was not a good enough reason to ask what everyone else thinks is a stupid question? What do you think I should have done instead?

2024-08-06 20:01:47

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Yeah, I'm not afraid to ask stupid questions, and I'm not afraid to admit that I have gaps in my knowledge and ignorance. Despite your comment here which isn't cool at all, I benefitted from all the replies on this post, even yours.

2024-08-06 19:59:15

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Thank you again for your reply.

2024-08-06 19:54:42

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This makes a lot of sense to me. Definitely complicated with a lot of moving parts. I just hope I get to live long enough to see it play out.

2024-08-06 19:44:10

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I feel like that would've been a completely fair question for someone to wonder about in 1990. Being told "you're just overthinking" is to me more akin to saying "I don't know and I don't like to think about this so you shouldn't either". I'm not saying that's what you were doing, but I find it completely natural to question things and attempt to address ignorance and see what other perspectives are out there. The painful part is when people forget that not everyone has the same level of knowledge or perception as them.
I've gotten a lot of really useful replies and some recommendations of learning resources, so I feel like this post was productive.
I never tried to imply a plan was actually needed. I was just writing out my random thoughts.

2024-08-06 19:40:19

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I value it based on the historical precedent of all who have come before me.
Check out the rest of the replies and my replies to them... I've gained some perspective from this post and identified where my knowledge is lacking. I guess I'm just not afraid to ask stupid questions.

2024-08-06 19:38:46

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Thanks for the recommendations, I'll look these up.

2024-08-06 19:38:13

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It's an ongoing process for me. I'm still learning and don't have a solid foundational knowledge of economics and money. So maybe my original post was not a good idea, but I am fine with getting roasted and beat up as long as I learn something new or gain more perspective, and I definitely feel like all of these replies have helped me to do that.

2024-08-06 19:34:04

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I agree with what you wrote here much more. Once the current system degrades enough, we'll have the transition moment.

2024-08-06 19:31:27

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I will absolutely be the first one to admit I still have a ton of ignorance about how markets work. I only finally sat down about 2 months ago and began to properly study and try to understand Bitcoin, and economics for that matter. Like I said in my other reply to you, I think that the majority of discourse in the community has led me astray because it completely lacks practical substance.
Of course I get it that it's fun to hype and meme and shit. But I still couldn't help but feel confused and find a situation I really can't understand when I tried to think about things long term. Everyone just talks about the near term. Price fluctuations, the adoption beginning to ramp up, all the changes starting to happen this year. But the key things I was curious about, I could never find an answer for.
I think the majority of people despise the current system just as I do, but they do to such a degree that they aren't even willing to admit that what comes next must grow from it and be directly linked to in a way we can't avoid. It's not necessarily a bad thing, I think, it's just how things will happen.

2024-08-06 19:23:11

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I think you are misguided in assuming all other things will be measured against BTC. That's purely impossible and completely discounts all of history. We aren't primitive people who just started bartering and realized we needed a currency. We are transitioning gradually from an extremely complex, corrupt, mismanaged system with hundreds upon hundreds of years of precedent.
So as some of the other people replying have already helped me realize: we will be using our current system as a jumping off point for valuation of BTC as we transition toward a different future.

2024-08-06 19:20:20

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Thanks for your replies. I think your first sentence is the key answer to what I was wondering, and the realization I'm coming to reading all these replies. A lot of the hyping up and meming really does a huge disservice to the people who have a need to learn and understand the practical implications of things.

2024-08-06 19:16:53

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You're just doing what I said and writing some random quote that doesn't mean anything. I wasn't implying a committee is needed, it was just part of my random musings. How can it be a new measuring stick when we're going to be completely and inexoriably biased by the current system? Gradually then suddenly right? We're going to gradually transition from the current system to BTC, so no, BTC will not be a new measuring stick, the old one will and we will then mold our mental frameworks around the new system based off of the old.

2024-08-06 19:13:40

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How do you extract some useful information from 1BTC=1BTC when you need to pay rent, or an electrical bill, or buy food, or get paid for some form of future job?

2024-08-06 19:08:50

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I'm not sure. I'm just a random guy who tries to understand the economy and Bitcoin and think about the future. So maybe I am. Mainly the part that confuses me is all the people who say "don't value your BTC in fiat" and "1BTC=1BTC". How do these sentiments fit with price discovery? I think this is the core of what bothers me, people in the community just seem to accept this and shower it in praise and likes. But I don't agree with that, I want more details.

2024-08-06 19:02:51

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I think that this applies more to a scenario where a currency is first being created. But we won't be in that scenario, we'll be shifting out of a deeply corrupt and mismanaged centralized system of fiat to something new. The new system will not be completely unaffected by this transition.

2024-08-06 19:01:02

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I agree that it will be this way at a high level, but I was curious to see if people had tried to hash out any more specifics on the subject.

2024-08-06 19:00:01

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It's different because of the core narrative of 1BTC=1BTC and "don't value your BTC in fiat". All I'm trying to do is think about what that can actually seriously mean from a logical perspective.
At some point if the current system dies, a new system must replace it, and 1BTC=1BTC is completely meaningless.

2024-08-06 18:58:14

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Even if we don't need a grand plan, do you just refuse to even think about it? All I'm trying to do is think about what the future may hold, and I noticed that there's an overabundance of memes and stupid quotes and a lack of any kind of questions like this. I get it that it ruffles peoples feathers, but maybe that's an indicator that it should be discussed more.

2024-08-06 18:56:15

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So would it be logical to say that it would likely just naturally evolve out of the value system we currently use? So like... purely hypothetical here, BTC goes to 10 million USD per coin and that coincides with the "switch over" point to where we start using BTC as the monetary system... we'd use the current value of things as the basis for starting out the new value system? Like, okay my $1M house now only costs 0.1BTC.

2024-08-06 18:52:09

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I can see you're part of the pithy hype quote squad.
Infinity divided by 21 million. So you think all of existence falls under the reign of Bitcoin, huh? So if there's 21 million universes, 1 BTC = 1 universe?
I'm trying to get some actual level-headed and serious discussion on what I wrote. I'm not a fucking troll. I've identified a gap in the discussion around Bitcoin and I wanted to try to see peoples thoughts on it. You reply with this bullshit because you somehow took offense to what I wrote. This is why you need to reevalute what your long term goal is for Bitcoin.
I'm not talking about a place that we're even close to getting to yet, I'm sure this would be decades, if not more. But eventually if Bitcoin does what it is meant to do, it will not be represented by fiat currency, can we at least agree on that?
I'm asking if anyone has considered how we will value it at that point. Maybe it would be in terms of units of energy?

2024-08-06 18:47:06

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Please feel free to help me gain perspective and see the correct way to think of it. So far I've gotten a few replies to this that all say absolutely nothing of any substance and seem to be purely emotional reactions.

2024-08-06 18:42:36

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Why do you feel like this is any kind of sufficient answer to anything at all?

2024-08-06 18:31:24

I see constant talk about how Bitcoin is the way of the future, how it's the answer, the solution to the corrupt and mismanaged fiat system, a revolution, a way to put the power back in the hands of the people, digital capital, how it has so much utility, how it is the perfect money...
But I never
ever
ever
see anyone talking about how we'll actually value it in a future where it has achieved the goal that everyone idolizes. Why? Why does it feel like there's no true long-term plan?
Lots of people say "don't value your Bitcoin in fiat", but they just stop there. They don't even bother with trying to extend that thought. I feel like this is a mistake to not take it further.
Imagine a future where Bitcoin has become our new primary store of value and we no longer value Bitcoin in fiat. How will we value it at that point? What will one BTC be representative of?
How will we determine this new system of value? How will we arrive at a consensus for it? Will this somehow naturally and organically grow out of the decentralized nature as the system becomes more and more widespread and adopted and used, similar to the dynamics involved in the emergence of the first currencies? Or will there need to be some form of committee formed to make a decision about how we value BTC? Will governments play a role in this?
All the talk of "0.1 BTC is all you need" and "whole coiners" is all purely based on fiat, and doesn't address anything about the long term future of Bitcoin.
I was wondering if people can tell me if any thought is actually being put towards this. I'd like to read about any progress towards this, or about thought experiments for it, or see videos or listen to podcasts that discuss it. So any kind of recommendation of reading materials or other information would be greatly welcome.
Memes and pithy hype quotes aren't going to do shit for us. If this truly is a revolution, we need plans, and we need to ask the hard questions and deal with the tough discussions and start to think about the goal we all dream of actually being realized. Memes and parroting "stack sats" are the lowest of the low hanging fruit.
#Bitcoin

2024-07-31 15:42:41

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How do we get the majority of Bitcoiners to stop posting memes and pithy hype statements and spend time focusing on actual important issues like this?

2024-07-31 00:29:26

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Agreed, it's UI/UX is still definitely rough and awkward in a few places. I like to actually swap between it and Gossip. Gossip feels even more weird, kind of like an application from the 90s or something, but I appreciate the amount of lower-level info it provides.
Thanks for the info... I guess in these specific cases it's probably like you said, they haven't really had a reason.

2024-07-31 00:23:01

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Both noStrudel and Gossip give feedback on the status of every event generated from your key.

2024-07-31 00:00:30

Oh shit, look, the identity of the special guest is finally revealed!!! 💩
https://www.4029tv.com/article/trump-bitcoin-event-delayed-due-to-security-concern/61738786

2024-07-30 23:51:14

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I just made a post about this a couple days ago: #note1ka3…p7w2
Using noStrudel, it will show you the status of every event generated from your account. I've started noticing that with any event whether it be a reaction, zap, note, etc. just as you mentioned, there's always at least a few relays that don't accept it for one vague reason or another.
The thing that really bothers me about it is that with most of them you can't go and see what rule you broke or what the specific cause was if they don't include it in the 5-6 word error.

2024-07-30 23:24:42

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Awesome, thanks! I'll check these out.

2024-07-30 23:24:18

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Completely agree on all counts.

2024-07-30 23:20:44

When you buy BTC on an exchange and then want to send it to another address but they block your transaction, call you on the phone, make you confirm your name, birth date, address, and verbal confirmation of the address you are sending it to and that you understand what you're doing prior to allowing the transaction...
Wouldn't they be logging this information and using it for some form of reporting to some other organization? Because I know they sure as fuck don't actually care about the safety of your assets. Is it for liability? "You can't complain about us if you lose it because you gave confirmation" type of thing?

2024-07-29 21:46:22

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Would you be willing to post some educational resources - links/books/articles/etc. - you think can provide what you're describing here?

2024-07-27 20:58:40

I think the core of what we were all truly hoping for in our hearts from hearing Trump speak was just a shred, an iota, just a CRUMB of evidence that he truly understands Bitcoin's higher purpose and potential for the future.
Do you feel like that's what we got?

2024-07-27 20:38:27

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Dude really tried to say that he was the reason Bitcoin price was rising from 2016-2020 🙄

2024-07-27 20:14:31

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PRESIDENT PLEASE NO MORE ELECTRICITYYYYYYYY

2024-07-27 19:50:33

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Hahaha I was thinking the same thing... and the saying "minutes away" every single time 🙄

2024-07-27 19:49:49

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It legit is higher after every commercial break.

2024-07-27 19:29:11

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Feeling the stress from having to keep delaying... MINUTES AWAY

2024-07-27 19:13:41

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David Bailey said "who better to lead the orange party than Trump" 🤣 🤣

2024-07-26 21:58:40

Are there scams going on right now where people are posting fake QR codes pretending to be part of an event from the Bitcoin conference? I'm seeing multiple videos on YouTube that seem like Elon trying to convince you to deposit BTC to some random wallet address in order to get 2x back for free.

2024-07-26 03:56:35

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Using @ and pasting their pubkey or username should work.

2024-07-25 15:35:38

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Thanks, I didn't know that.

2024-07-25 14:40:12

What can or should be done about these failures to post to relays? I assume I wrote something that broke a rule, but I have no way to find out.
I tried to find some kind of list of policies or rules or something for each relay but wasn't able to find anything useful. Unless I missed it, they don't have actual websites with stuff like that listed. Just wondering if anyone has advice. How would you find out what policy you violated or why you were blocked? Is it even worth worrying about, or should you just add more relays to your publish list and move on? #asknostr
https://image.nostr.build/43e59148c1d1e333876dd89b1f1aacdfd562eba19346fc36c3d433375f1cc79f.png

2024-07-25 02:34:08

Seen on X, has me cracking up 🤣
"Ethereum is the mother asshole from which all shitcoins spring."

2024-07-24 16:36:39

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Any idea what actually caused that?

2024-07-23 19:14:10

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Very interesting, it definitely must be per-client. Here's what I see on Primal:
https://image.nostr.build/9d7c470f4574a2053485c404088378c61d0f7a0979b4361d4c971e6f364d18ae.png

2024-07-23 19:11:56

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I say hell yeah to that... but only if you agree that it belongs.
I just hate the fact that traditional social media has made the decision for us because apparently people expressing honest dissent or getting their feelings hurt is not part of what *they* think should ever be allowed. Who gives a shit about what's truthful or right, *they* get to decide.

2024-07-23 18:53:32

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In noStrudel, it looks like it's just the minimum default reaction. Even if you delete all the quick reacts, you still have the + (thumbs up) and - (thumbs down) reactions.
What's interesting is that I used the thumbs down earlier, and when examining other clients, it doesn't register as a downvote and doesn't even show up in the list of reactions. I'm not quite sure if that's just due to the client itself or if something else weird is going on.

2024-07-23 18:48:57

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It definitely does not get reflected as a dislike/downvote on Primal, and doesn't even show up in the reactions list.

2024-07-23 17:07:56

After getting used to it, I typically use the noStrudel client as my go-to... one thing I've noticed about it that's different from the other more "Twitter-esque" clients like Primal, Snort, etc. is that there's a like AND a dislike button, instead of just heart/like.
Does anyone know if this dislike/downvote button actually gets reflected on other clients in some way if you use it?
It made me realize that one highly underrated thing Nostr provides that has been forcibly taken from us on every other social media platform is the ability to express disagreement or dissent in a way that can't be manipulated or hidden. You can comment, but they can block/filter/delete that too. Maybe the closest thing that still exists is Reddit, but I know there's vote manipulation algorithms they run, so I'm not sure of the degree of honesty.
Interested to hear some other perspectives on this. I feel like downvote functionality is just as important as upvote for true, honest, healthy communication, but I'm not sure if I'm an outlier in that view.

2024-07-23 17:00:28

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Haha, this was my exact thought. Totally thought I was looking at an IV bag filled with bone broth 😵

2024-07-22 21:48:08

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I set aside a few hours over the weekend and read these articles in full. Most of the one from Jeff Booth was familiar to me, because I actually discovered Nostr from watching an interview with him where he was speaking about many similar topics. The Spiral Dynamics one was interesting and made sense as a mental framework for viewing different kinds of awareness.
You're very lucky to have been able to achieve a state of mind where you're completely unphased by the state of things.
I identify with many concepts from the Yellow category, but not to a degree to be able to just be laid back about everything.

2024-07-22 02:01:07

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I think this one is really good: https://river.com/learn/what-is-nostr/

2024-07-21 04:06:59

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Maybe this? It's what I immediately thought of.

2024-07-21 04:06:33

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https://b.tc/conference/2024/speakers

2024-07-20 21:33:20

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Oh, gotcha... I mean I was totally ready to believe it just due to how shitty politicians are 😆

2024-07-20 21:28:48

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Why would they want that? Asking because I genuinely don't know.

2024-07-20 14:36:05

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So even the people attempting to share some truth and information to help people stay aware are just simply "fear porn" to you, huh? Just reduced down to a fucking goofy slang term, huh?
I know you didn't watch the video and immediately discounted this just from what I wrote, so I'd be very interested for you to share some media that is above your "fear porn" threshold.
My instinct tells me that you keenly feel the despair I described. You just try to act more apathetic and nonchalant about it as a way of rationalizing the situation. It's understandable.

2024-07-20 06:00:31

Tonight I went down a rabbit hole that started with understanding the validation process of the blockchain and ended up with learning what rainbow table attacks on known brainwallets are in order to monitor them for incoming transactions and sweep the funds.
What a strange sentence to read if there was no context. This shit is cool. 🤯

2024-07-20 02:34:12

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Bitcoin "representatives" can be, and will be, bought just like anyone else.

2024-07-20 02:15:40

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I agree. After a few more days on Nostr and mulling this over, I think the furthest extent would just be a fully public/visible edit history on a note, if it were to even go that far. But no deletion.

2024-07-20 02:12:16

There's so many important topics in this discussion. I trust Whitney Webb and her investigative journalism. This kind of information about the people who control our data, who control politics, who have ties with every social media platform, the banking system, and all aspects of the media... it really makes me despair to learn these things, because as a normal person with no influence, I don't know what I can do to make any difference in my future. They also talk about how Bitcoin is not free of this influence, which makes perfect sense. The people in power will not relinquish that power without fighting to hold it to the utmost of their ability. They'll do whatever they can to ensure Bitcoin works in their favor like everything else.
I highly recommend taking a few hours to listen to this discussion.
As with all things, remain questioning and skeptical, don't fall for anyone's narrative without doing your own research.
https://www.youtube.com/watch?v=cMYdu-vTuPI

2024-07-19 18:26:09

Watched this on my lunch break today and thought it was a really good big-picture summary of the current state of things and some speculation of what is potentially to come.
https://www.youtube.com/watch?v=7-pnnrGSHe0

2024-07-19 14:32:14

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Yeah, there's not enough evidence to dedicate ourselves to any true meaning of it, but the implications are quite interesting to consider. A company linked with Blackrock taking a massive short position on DJT at that exact time... Blackrock sure has been mentioned in multiple parts of the whole assassination attempt. 🤷‍♂️

2024-07-19 14:06:17

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I would be curious to know what you guys think about this: https://x.com/JoshWalkos/status/1813697562609623396

2024-07-19 00:47:20

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Any speculation on how that will play out in the long term?
I'm still learning things, but my instinct is that CBDCs will be destined to fail no matter because people will eventually manipulate them to exploit others just as with the current system.

2024-07-19 00:33:52

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This made me curious so I checked and I get the same result 🤔

2024-07-18 22:17:17

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Was it this one? @npub15qf…cmt5

2024-07-18 13:55:56

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What it stands for and the potential it has are currently unmatched by any other form of social media, but the barrier to entry is still way too high for large-scale adoption.

2024-07-18 13:43:25

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And what would be the counter to that manipulation? Just simply opting out of participating?

2024-07-18 05:46:28

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America is run by people who deny reality and continue to ignore our countries insane debt problems. We're extremely divided and we have worsening inflation that's making things so expensive, along with other problems, therefore the economy is weakening. The rest of the world is ridding themselves of US debt, further weakening the dollar.
America is no longer the world power. Our empire is declining.

2024-07-18 05:36:33

I had never heard of this Professor Wolff before, but I found this chunk of this interview to be extremely effective at painting a very large scale picture of what is going on in the US and world economy right now.
If you want more evidence that further solidifies why Bitcoin makes so much sense, watch this video and think about the impact of what is coming.
https://www.youtube.com/watch?v=JnQMKIdHYqU

2024-07-18 03:57:11

My Bitcoin hype music: https://www.youtube.com/watch?v=ttP3Ij-gHS4

2024-07-18 03:12:54

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lol just checking back to see if you ever got a response, because I was wondering this myself

2024-07-18 03:09:31

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I agree with you. It's a safe assumption that they will not find any method or have the capability to manipulate Bitcoin. Therefore, they can only ever manipulate L2 technologies. This is also why I don't plan on owning any alt coins ever for any serious reason. There's always a human in the loop.
I'm still new to all this and actively learning... but so far Lightning does make sense to me to make transactions faster and more efficient. However, if it becomes compromised to that same level you describe, with the state wanting to know everything you do financially, would there be any reason to keep using it? Does it provide something to Bitcoin that's crucial enough that people wouldn't seek a more secure alternative with more privacy?

2024-07-17 20:46:08

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I just signed up with them last night to set up a wallet via Alby Hub. All I provided was my e-mail address, and then I linked my Nostr account. There was no other KYC aspects (unless I am ignorant of what the term really means, in which case just let me know). The membership does of course have a monthly fee and I think that's where they are going to be getting their income from. As far as setting up the Lightning node/channel (I'm still learning this part), I had to pay to do that initial setup but it didn't seem excessive to me, and now it's working great and I can send and receive and have a nice interface to manage it all from.
Just wanted to try to give my perspective as someone brand new to Nostr and Lightning. So far Alby's process has made everything the most straightforward for me out of other options I've seen.

2024-07-17 18:26:08

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Thanks!

2024-07-17 18:18:12

Now that I am using Alby and set up a Lightning address with them... do I put this on my profile as my NIP-05, or as my LUD16? 🤔 #asknostr

2024-07-17 17:59:42

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Thanks for the reminder 😂

2024-07-17 17:56:14

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I just signed up and got my @getalby address working last night 😁