Spencer

laser eyes till fiat dies. bitcoin stacker, kid unschooler, wisdom seeker, weight lifter, food cooker

Public Key

npub144mf9j88sxt3yu0lfrsx2e4ukcqajanpfz9ehdav7ufddp92dutqhz9926

NIP-05 Address

spencer@iris.to

NIP-57 Address

spencer@getalby.com

Profile Code

nprofile1qqs26a5jerncr9cjw8l53cr9v67tvqwewes53zumk7k0wykksj4x79spz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dswx6x38

Publishing to

relay.damus.io

nos.lol

Author Public Key

npub144mf9j88sxt3yu0lfrsx2e4ukcqajanpfz9ehdav7ufddp92dutqhz9926

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Last Notes

2024-09-04 10:44:49

- reply

My zap attempts aren't going through on this note of yours?

2024-09-04 03:59:48

I cannot figure out the ecash cashu UX. Shouldn't I be able to hold the ecash without redeeming it and incurring the redemption fee?

2024-09-04 02:43:26

I'm far prefering a nostr experience where I lower my default zap amount to feel the freedom of zapping everything I like without a second thought, basically replacing likes with zaps.
But it seems that to be doing this right, I should be using ecash? Is this possible on Android? Feeling wofully ignorant on ecash.

2024-08-30 19:50:39

Abundance leads to freedom, and freedom leads to virtue.
Here's this idea beautifully captured in this cool except from the book Chronicles from the Future - The Amazing Story of Paul Amadeus Dienach.
"They “live” the joy of nature, the joys of travel, love, music and dance, of kindness, friendship and the thrill of beholding the aesthetic. They enjoy the unimaginable, for our times, pleasure of working on what they really want, on what their souls desire, without anyone pressuring them! In this way, their inner world becomes enriched. They say that when you follow your inclinations, the aversion to evil is created automatically inside you. And the more you climb this spiritual mountain, the clearer you see life."

2024-07-21 20:03:09

The physical universe is networked energy in constant exchange according to the laws of physics.
Bitcoin is networked energy in constant exchange according to individual choice.
Choice, which is a form of love, is a higher form of energy.
Bitcoin upgrades universal law.

2024-06-26 18:32:32

"[Hank Rearden] had a few hundred dollars in cash, left in his wallet, nothing else. But the odd, glowing warmth in his mind, like the feel of a distant handshake, was the thought that in a secret safe of his bedroom there lay a bar of solid gold, given to him by a gold haired pirate."
-Atlas Shrugged
Thank you, Satoshi. You're the best pirate I've ever seen.
https://image.nostr.build/ca4889a580dffe448214af8653d514f4c78937c48e0fbc778739ebb454bf45d7.gif

2024-06-15 19:52:29

https://image.nostr.build/0db415089acf6f28fe2ff3364ab0c0b5237f01241c2d6c0e8c3e67e94fdaf6bb.jpg

2024-06-15 14:00:47

"What's wealth but the means of expanding one's life? ... I'm manufacturing time. ... That's the savings account I'm hoarding. Is there any sort of safety vault that could protect this account in the outside world?" - Ellis Wyatt, Atlas shrugged
Bitcoin is time.

2024-05-15 15:03:31

Bitcoin is a tsunami. https://image.nostr.build/594f64664a60d846605a36a9341dc52328d0c3609155681166bb7b9dd107eefe.jpg

2024-05-13 22:59:00

Why is the Bitcoin price of volatile?
Bitcoin has no use except for its use as money. So it's either worth zero because nobody else accepts it as money, or Bitcoin is extremely valuable because everybody wants to be paid in bitcoin.
What do you think volatility would look like if a new money were emerging from zero?

2024-05-13 22:58:33

I'm done trying to convince people that bitcoin is the answer. Now I'm just going to probe them for what they think the solutions are. Dilution, censorship, control, housing scarcity, wealth gap, financialization, social security Ponzi scheme?

2024-05-01 22:43:15

- reply

when citadels?

2024-03-14 05:41:46

https://image.nostr.build/79471bfa08fecd888e81c004e4fefd8336f4114981f85631d7ba0fac20e698f0.jpg

2024-03-10 14:59:39

Had a good Bitcoin conversation on Facebook that I think is worth sharing.
Me...
Yeah, the price is volatile. Don't dismiss Bitcoin for behaving as expected during its adoption phase.
Friend...
now we can all sleep better knowing that our "future currency" can fluctuate every time a whale sneezes lol
Me...
do you realize how much price volatility bonds are suffering right now, despite being universally adopted as the current world reserve asset?
Have you considered what Bitcoin's short term price volatility would look like if it were universally adopted as the world reserve asset?
Friend...
Hundreds of countries will relinquish control of their currency why? Because bitcoin is a cool idea? Ill take things that will never happen for $100.
On top of that adoption is technically challenging for 99% of people. People cant even properly secure their passwords and now all of a sudden the illiterate world is going to store and maintain bitcoin without getting it all stolen by bad actors? And that money is uninsured to boot? Bitcoin is a cool concept, it has showed it has value to some but it will never be what you think it is. Nobody is going to give all the power to bitcoin whales. I sure as hell wont.
Me...
all great thoughts worthy of careful consideration.
Hundreds of countries don't have control over their currency, but are controlled by the few that do.
Most people will never deal with bitcoin technical challenges, but will instead transact and protect their accounts using a growing suit of apps backed by bitcoin.
Yes, money is power. The key is to break the cycle so that power is not also money. In Bitcoin, more money can never give you control over the money. In fiat, more money does give you more control over the money, which leads to more money and power.
What kinds of things are you watching for that would get you to reconsider your current outlook?
Friend...
Hundreds of countries flock to the USD. Thats what I meant about that. As an American I think thats a good thing. That allows this country to keep operating at a deficit for as along as we need. Do i agree with that on principle? No. But my trust in that system is more a result of my distrust of bitcoin whales than it is trust in our gov.
How is the power not in the hands of whales right now?
Me...
Obviously, the hundreds of countries that don't control the money have much to benefit by flocking to a system of money that can't siphon their wealth away.
It's true that Americans benefit from the dollar, but at terrible cost to the rest of the world. Time to build a better system.
Bitcoin whales only have one, temporary power - to manipulate the price while bitcoin adoption is minimal. Current bitcoin adoption is around 0.1% of global wealth. But even now attempts to manipulate the price to exploit people are guaranteed to bleed Bitcoin into the hands of people who simply buy and hold. Bitcoin whales have no power to exploit. Fiat whales certainly do, like getting overleveraged on financial derivatives only to get bailed out by working class taxpayers.
Why do you think you're more willing to trust a fiat system that gives a ruling class the power to put themselves above the rules, rather than to trust a Bitcoin system that enforces the same rules for everyone?
...
Now it's been several days with no response

2024-03-05 23:46:10

The Bitcoin price always seems high, until you realize it's going to infinity.

2024-02-09 12:29:28

The truth is that food, housing, clothing, comfort, and travel are more abundant than ever. The reality is that fiat inflation has stripped wealth away from people so that these things feel more expensive than ever. Bitcoin reveals the truth: true prices, measured in a money that cannot be printed, are falling for everyone around the world, and will forever.

2024-02-05 21:06:53

Civil society is built on the technology of laws that allow humans to cooperate and resolve conflicts based on sets of rules, rather than resorting to physical force. Clearly, there are huge advantages to cracking the code for figuring out how to cooperate civilly with each other rather than resolving everything with physical force.
Bitcoin is the next major advance in civil technology for exponentially better cooperation.
All other civil systems that have been built so far in order to help humans cooperate suffer from the same major flaw - the rules and the enforcement of the rules are physically separate. It's just a piece of paper that won't stop a bad guy from breaking the rule.
For example, in the case of physical property, it is always possible for a thief to kill and steal the property. A police force is then retroactively tasked with resolving the injustice. The rules of civil property rights and the enforcement of those rights are physically separate.
But with Bitcoin, a thief can kill and still not have access to the digital property, to the bitcoin. The rules of bitcoin rights and the enforcement of bitcoin rights are inseparable. Bitcoin is a set of rules that a bad guy *can't* break.
Yes, a police force will still be dispatched to catch the murderer, but bitcoin opens the door to making theft impossible, which removes a major incentive for violence. Great, you killed the dude, now what? You get nothing. You would have gotten more by cooperating. Now you are a fugitive.
Bitcoin is an amazing civil technology that not only creates a fair set of rules by which people can cooperate, but it also enforces the rules with astonishing power and efficiency - far more efficient than any police or military could ever hope to enforce any other set of rules.
Bitcoin creates the reality where anyone in the world, from the poorest to the richest, can literally hold and enforce their own property rights in their head, without guns, police, or armies. Bitcoin builds the reality of enforced property rights into the human brain. Crazy! I suspect society changes in amazing ways as the implications of this ripple out.

2024-02-04 12:40:27

Bitcoin is the discovery of digital scarcity. Now, for the first time ever, hoarding wealth makes the world richer rather than poorer.
Savers who hoard Bitcoin drive up the price of Bitcoin, making everyone who uses Bitcoin richer.
Savers who hoard real estate, drive up the prices of homes, making everyone who needs a home poorer.
Before Bitcoin it wasn't possible to hoard your wealth in a digital token that was useless outside of the ledger. This meant hoarding wealth always inflicted artificial scarcity of useful stuff onto the rest of the world. We need money to be scarce. We need stuff to be abundant. Bitcoin is the answer.

2024-01-26 21:07:45

Best curling design ever
#nevent1q…c950

2024-01-18 16:07:02

"Socialism" and "communism" are misleading terme. From now on I think I'll use "bureaucratic society" instead.

2024-01-16 21:38:51

Best ceiling design ever.
#nevent1q…ms8w

2024-01-04 23:00:36

Do not try and rend the debt ceiling - that's impossible. Only try to realize the truth.
What truth?
There is no debt ceiling.
https://image.nostr.build/4695ae920b47a884dec1b99ae7adfb3b5c47c2c88dd75165d743ee0ca5feb65c.jpg#m=image%2Fjpeg&dim=1080x1258&blurhash=%7BFQJcg_MWXRP.7Dj-%3AIB%7EVD*R%2CxaIo%25LM%7BozRiE1-%3BV%40WXxuIU%25L9G-%3BRjM%7B%25fIUxuRj.7IUM%7B%25LIVxtt7RjDjt7xuRjt6ayWBof-%3BV%40IVbIjsjtt7ofbHRQt7tRRPofoyRjR-t6aeNGt6ayayoe&x=cd98258fe0fe30f5e81ab13054c206601f8bce358282513285d2690b03b7e5c3

2023-12-28 20:39:21

https://m.primal.net/HVji.jpg
Fearing bitcoin is like fearing electricity.
Bitcoin isn't a business, or stock, or investment. Bitcoin is a tool. It's a free and open-source protocol that anyone in the world can choose to use as a way to save and transfer value. Money is a ledger. Bitcoin is a perfect, unstoppable, incorruptible ledger.
This cartoon from 1889 captures the social anxiety around a new encroaching technology. The truth was that humans would use electricity to build a better world.
Humans will use Bitcoin to build a better world.
https://commons.wikimedia.org/wiki/File:The_Unrestrained_Demon_%28anti-electricity_cartoon%29_02.jpg

2023-12-28 20:37:56

If you long to build a better world, ask not what Bitcoin can do for you, but ask what you can do for Bitcoin.

2023-12-28 20:36:51

Bitcoin is the American dream embodied in a computer social contract enforced by weapons grade cryptography.

2023-12-28 20:00:43

https://m.primal.net/HVjZ.jpg
In 2043, 1 sat will have about the same purchasing power as $1 in 2023.
Today, total global wealth is $900T.
Assuming 5% compound growth, total global wealth in 2043 will be ~$1.8 quadrillion.
Assuming 3M btc lost, we're left with a total of 1.8 quadrillion sats.
1 sat=$1

2023-12-28 17:06:34

"Bitcoin introduces incentives to a space where they were sorely lacking, and hence can likely form a robust base for near-enough every internet-based distributed system to be built from this point forward." -Bitcoin is Venice
I'd love a home server that I can plug Bitcoin lightning blades, storage blades, and graphics blades into, all running on secure data transfer protocols leveraging Bitcoin conservation of energy in cyberspace. Maybe Michael Saylor and Microstrategy use their substantial engineering skills and balance sheet to expand their business to offer distributed internet solutions, both hardware and software.🤞

2023-12-23 12:11:40

Bitcoin isn't an investment opportunity, but a financial inevitably. Savings that is not in Bitcoin will be diluted. Transactions that are not in Bitcoin will be censored. Commerce that is not in Bitcoin will be manipulated. Every person on earth has multiple problems that Bitcoin solves. All sttempts to use any other form of money will lead to pain, thus the world will increasingly choose Bitcoin as money.

2023-12-23 12:11:23

Bitcoin is not a Ponzi scheme, the dollar is. Bitcoin requires no new debt or suckers to persist. It just keeps on working enforcing the rules of the protocol for anyone who chooses to use it. The dollar on the other hand must borrow from future generations to try to keep the scheme going. Without constant injections of new debt, the dollar system collapses.
If you couldn't tell, I've had enough of systematized theft. I am not going to stop talking about how Bitcoin fixes this. Not because it's a good "investment opportunity" but because it literally ends a system of financial slavery.

2023-12-19 18:34:57

Money is a system of information. Bitcoin is a language that cannot lie. Dollars are printed to twist the truth. The world groans, caught in this web of misinformation, confused why we can't break free. Truth will set us free.

2023-12-15 15:29:40

- reply

Watching your interactions, it's shocking how much work there is to be done before the world is really using Bitcoin. But at least it's possible. The solutions are just waiting to be done. Bitcoin makes real solutions possible. With fiat, is hopeless. With Bitcoin, at least there is hope.

2023-12-09 06:12:12

the world feels so much less lonely, so much more hopeful, getting pumped on content like this.
#note1q2r…86ew

2023-12-05 15:49:36

I understand the tendency for people to expect fiat to persist alongside Bitcoin for decades because it feels presumptuous and reckless to say the big ship of fiat will quickly sink. But I don't see any first principles that keep fiat afloat. It's headed into rapid debt default. How can the USD survive for more than ~10 more years?

2023-11-14 23:33:42

The natural behavior for prices is for everything to get cheaper and cheaper. As technology advances, production becomes easier and thus cheaper. But since 1913 the Fed has printed money with the specific goal of reversing this natural trend so that instead everything gets more and more expensive.
For those using dollars over the next 20 years, it will look like everything is continuing to get more and more expensive.
For those using Bitcoin, it will look like everything is getting cheaper, just as it should be and should have been.

2023-11-14 01:42:23

Bitcoin pops all the fiat bubbles.
#nevent1q…f2h3

2023-11-12 02:26:47

There's no need for complex conspiracy theories to explain societal decay when fiat monetary slavery is perfectly sufficient.

2023-08-12 20:47:43

https://cdn.nostr.build/i/8c8259666943e244855a4bd2a7049bb66865e995af41c4c8d15bf6d8d1e6ceb9.jpg
A key decision for every person in the world to make everyday for the next ~20 years is which money to trust. Money controlled by unaccountable politicians? Or money guaranteed by an incorruptible protocol?
This isn't a decision people will make once and be done. They will have to choose every time they transact. Every time they remember money. Every time they awake in the night with the question on their mind again.
Money is a language of value. It takes time to speak a new language. More and more the world will learn to speak Bitcoin because the other languages are corrupted. Bitcoin is incorruptible and unstoppable.

2023-07-07 16:18:14

Is Bitcoin utopian?
No. Utopia is rulers without rules. Bitcoin is rules without rulers.

2023-07-07 15:49:23

- reply

*SoftWar Summary

2023-04-09 08:53:53

My Software Summary
If you have the right to defend your property with violence then you have the right to defend your property with power.
Bitcoin is special because hashing is permissionless like violence. The permissionless power of the people is the ultimate check against corrupt systems. Bitcoin threatens permissionless revolution of the masses against any corrupt adversary every 10 minutes.
Bitcoin is peaceful power. Every additional miner threatens mutually assured preservation of the network, contrasted with each additional army threatening mutually assured destruction of society.