bobby
Bobby

#hodljesus
#hodlbitcoin

Public Key

npub10cnmvpgt7ppgzhlw8rpm359twwqz5yrjd5v06k8uelv9z4u359ss2k94en

NIP-05 Address

bobby@nostrplebs.com

NIP-57 Address

justchipmunk1@primal.net

Profile Code

nprofile1qqs8ufakq59lqs5ptlhr3sac6z4h8qp2zpex6x8atr7vlkz327g6zcgpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsaj5qnt

Publishing to

relay.damus.io

nos.lol

Author Public Key

npub10cnmvpgt7ppgzhlw8rpm359twwqz5yrjd5v06k8uelv9z4u359ss2k94en

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Last Notes

2024-05-05 03:44:52

Guilty! 🤣🤣🤣
#note19gz…7fw3

2024-04-27 22:49:50

This is the future. When your grandma eventually gets into Bitcoin, it’s probably going to be via a fedimint.
#note1y9s…p878

2024-04-26 16:42:10

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Thanks for doing the good work. 👊🏻

2024-04-26 16:41:35

We knew this day was coming one day. Important regulative fight. USG wants BTC to only be purchased on ETFs because they can control it, manipulate it, and even steal it.
#note1eua…8sf5

2024-03-13 11:28:18

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The Reason For God by Tim Keller is also a well-written and well-reasoned book

2024-03-13 11:26:41

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I think you’re on to the right idea. Truth is what corresponds to reality. Anything else is fantasy. If God exists, then it makes sense that morality comes from him. Intuition may be accurate but it can also be corrupted. Therefore it is unreliable for determining truth.
If intuition was always accurate, everyone would be incredibly rich. But others intuition makes them make bad decisions a lot. For instance, no one would say that an addict’s intuition is correct.

2024-03-13 04:02:33

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If morality is objective, then that means that most differences people have with morality would be wrong. Or all could be wrong, but most could not be right.

2024-03-13 04:00:53

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Maybe, but you won’t know until you read it. I realize my bias here but in my experience most of my atheist friends are pretty unaware of great philosophical arguments in favor of Christianity.

2024-03-12 17:17:09

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Agreed. It’s way more than “digital gold.”

2024-03-12 17:16:03

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That’s exactly what CS Lewis does in Mere Christianity.

2024-03-12 17:15:05

Bullish
#note1c9e…uhsu

2024-03-09 19:46:53

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Agreed. I’m a Xian who doesn’t want a “Christian nation.” Throughout the church’s history, both Protestants and Catholics have persecuted Xian denominations they disagreed with. People were tortured and burned at the stake. As long as your people gain power, you’re safe. But that can change throughout the years.

2024-03-09 19:44:21

One of the many beautiful reasons to love Bitcoin!
#note1nsj…acq3

2024-03-09 19:43:55

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Beautiful! One of the many reasons I love Bitcoin.

2024-03-09 12:42:08

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I think you’re right but if this cycle looks more like earlier cycles because the ETFs are selling so much Bitcoin, bye bye Coinbase. And there the next FTX. I think these ATH “glitches” are Coinbase going into supply shock.

2024-03-09 12:13:26

Coinbase Conspiracy
They don’t actually have the #Bitcoin they’re selling. This cycle Bitcoin is moving so fast that exchanges are running out of Bitcoin. They don’t have to prove reserves so they can continue to sell paper Bitcoin.
The big crash that ends this bull cycle for Bitcoin is Coinbase going down.
Again, don’t use Coinbase. If using KYC exchange, use Strike.

2024-03-03 04:57:21

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Truth

2024-03-03 04:56:31

If your only premise for buying/believing in #bitcoin is that it's digital gold, you still have undervalued it by at least 1000x.

2024-02-28 23:39:08

We already know nation states are mining #Bitcoin. Why wouldnt they be buying too? Probably printing fiat just to hold the better asset.
https://m.primal.net/HgCh.jpg

2024-02-28 19:19:04

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Guilty

2024-02-28 19:18:38

We need to help our normie friends who will ape into Bitcoin not buy it via Coinbase
#note1u67…s346

2024-02-28 19:17:47

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Only KYC bitcoin I buy now is strike. Keep up the good work!

2024-02-28 17:42:42

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Can someone turn this clip into a Bitcoin hype video making fun of Cramer?

2024-02-28 17:41:55

I must've watched this clip a hundred times.
#note134f…22jq

2024-02-25 06:05:10

More bullish on ecash than ever before. Amazing what's being developed here. Bitcoin scaling solution of the future. Great work @npub12rv…85vg
#note1cld…h3l9

2024-02-20 04:15:45

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Most I've met are #2 or #3

2024-02-19 05:30:34

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lnteresting. So, as long as "innocent until proven guilty" remains a standard in American justice, there really is no proof without reasonable doubt?

2024-02-19 01:55:35

I'm very familiar with ways in which you can buy non-KYC bitcoin and have some ideas on how to turn KYC bitcoin into non-KYC bitcoin.
But what are the easiest and best ways to have a boating accident with zero paper trail?

2024-02-15 14:25:31

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Yep. He wasnt havin any of Genslers BS.

2024-02-15 04:01:05

Joe Kernen wasnt havin any of Gensler's foolishness today. #bitcoin
#note17hl…gcty

2024-02-13 15:33:57

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You're assuming a lot in most of your points. Biggest assumption is that the US dollar will continue to be strong. This is highly unlikely. Every world currency eventually is replaced. Watch some videos by Ray Dalio talking about this. I believe weare right on the dividing line between an emerging new world currency. IMO, it's either the Yuan or it's Bitcoin. Until China becomes a free country, it's not going to be the Yuan.

2024-02-13 13:51:18

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sounds a lot like Biden's "Stop shrinkflation" campIgn

2024-02-13 13:43:44

I think ecash and/or fedimint solutions is the best way a bitcoin standard is implemented.
In the future:
L1 - Settlement layer and place where major funds are moved. Equivalent to wiring funds today. Basically too impractical for your everyday needs but critically important as this runs the whole thing.
L2 - This is the credit card layer. This is the rails that the regular economy is built on.
L3 - Ecash/Fedimint - This becomes the operability layer which is the UI for the Bitcoin standard.
#note1unt…3r9d

2024-02-12 14:43:20

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That would be the smart play

2024-02-12 05:06:56

Biden now a Bitcoin maxi??? Elizabeth Warren is going to have some words.
https://m.primal.net/HcJz.jpg

2024-02-12 04:05:46

"The NFL is rigged!"
https://m.primal.net/HcJd.jpg

2024-02-12 04:01:15

"Bitcoin is not crypto!"
https://m.primal.net/HcJd.jpg

2024-02-12 02:26:17

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https://m.primal.net/HcJJ.jpg

2024-02-12 02:26:05

Announcer acknowledge Jay-C and Beyoncé but no Jack Dorsey (@npub1sg6…f63m)?? Sweet Satoshi shirt by the way!

2024-02-10 01:44:18

Just wait until the end of the year.
#note143y…vud2

2024-02-04 04:26:48

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The fiat world thinks Bitcoiners are crazy conspiracy theorists, and we all know the fiat world is crazy not to see it.

2024-01-30 20:12:26

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same here. We have some local bitcoiners in my area looking to experiment with fedi.

2024-01-20 02:46:44

The Fed thinks it will pay this off in 2027!! Imagine any business that operates in a loss that long!
“But what happens when its costs exceed its income? In this case, the Fed creates a “deferred asset,” which is a negative liability whose value is the cumulative value of the shortfall in earnings. Once the Fed returns to earning a positive net income, it will pay down the value of the deferred asset until it reaches zero, at which point the Fed will resume sending remittances to the Treasury. As of Nov. 8, 2023, the Fed had accumulated a deferred asset of $116.9 billion. In April 2023, the New York Fed estimated that the Fed will return to positive net income in 2025. Combining those New York Fed projections with the latest data on net income, we estimate that the Fed will carry this deferred asset until mid-2027, after which it will resume transfers to the Treasury.”
https://www.stlouisfed.org/on-the-economy/2023/nov/fed-remittances-treasury-explaining-deferred-asset#:~:text=For%20most%20of%20the%20past,2022%2C%20remittances%20due%20became%20negative.
#note15r6…r3um

2024-01-20 02:45:58

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2024-01-20 02:36:26

This is pretty incredible
#note1wrv…mke5

2024-01-18 16:38:07

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Beauty is that you can/should and that should be encouraged. However, especially at certain amounts it’s going to be impossible at some point for the normie user to self custody due to fees and technical know how. Fees alone are already through the roof and this is just the beginning. So, what do you do when the cost of fees exceeds the amount you are putting into cold storage?
What’s your solution?

2024-01-18 01:45:48

Fedimints and Cashu are how we win #note1a4r…6hvk

2024-01-18 01:44:27

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Fedimints and Cashu answer the scale question. If your grandma gets orange pilled, she’s going to have a tough time figuring out how to self-custody via a multisig solution. But “banks” make sense to her. Trust will build in local communities. Mass adoption will start trusting second and third parties.

2024-01-17 16:13:34

Old but good one! 🤣
#bitcoin
#securityfails https://image.nostr.build/4d3fa0db27de9fc4e98d444bce6926701c605afefcb59ea6a80debcd29697229.jpg

2024-01-14 14:07:20

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Face to face view of a tropical fish. Eyes are on the left and right.

2024-01-14 01:41:44

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I saw one of your tweets where you show how ecash implementation basically allows lightning nodes to receive funds with no channels or inbound liquidity. Is this already being implemented?
Couldnt this be a great way to scale custody for your everyday non-technical user? You could technically form a Bitcoin bank for your local community?

2024-01-14 01:29:14

I think this exposes the need for us to work hard at L3 solutions (fedimint, cashu, liquid). Scaling custody with normies means we need solutions that uphold as much sovereignty as possible while promoting incredibly easy UX designs.
https://primal.net/e/note1ufx797hm3fg249gfryy9hag9fl4uu6csg5edvvluhge5zalc2smqnuxqgt

2024-01-13 21:58:08

We're still way early. Bitcoin is super cheap.
https://primal.net/e/note10mv6jtj6ey4vfufr6qm9yahvtqx955kj2nsvmapqejg9grps229qj4cd5z

2024-01-13 21:57:04

We're still way early. Governments have means, tricks, and power to kick the can down the road, but it will catch up. Bitcoin is still cheap.

2024-01-13 19:29:30

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This is why most hotel gyms stink. You are almost better off getting a day pass at a local gym. Many give these out for free.

2023-07-20 05:16:46

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2023-04-19 04:01:40

Writing a fiction book based on what life might be like in 2065 with Bitcoin at hyperbitcoinization and a polarized world that either has chosen institutional slavery with universal basic income and those that have adopted a #bitcoin standard. Throw in a mix of espionage, innovation, space, treasure hunting, and uncovering the real identity of Satoshi Nakamoto. Would anyone be interested in works like that? #nostr

2023-04-03 04:15:26

If I wanted to create a store on #nostr using #lightning #bitcoin, what would be the best way to do that?

2023-03-27 04:14:31

Heard a CNN video report on how it appears the dollar is losing reserve status. No surprise from #plebs and maxis. Of course they blamed recent events instead of all the real issues but still surprising they said that much.

2023-03-27 04:12:41

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Exchanges will know how much you’ve purchased but there are ways without selling that they won’t know where it’s gone.

2023-03-27 04:09:34

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Yes. I created a doc you can print out to write down all your binary numbers. You will need a list of the BIP 39 word bank. And, you will most likely need to use Ian Coleman’s tool on an air gapped computer.

2023-03-26 21:52:27

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Yeah, the more I read on this RESTRICT Act, the more I don’t like it. It’s opening the door for govt censorship. It’s not just about TikTok dance videos.
#[0]

2023-03-25 16:32:19

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That’s one thing the Fed has been successful at doing

2023-03-25 16:05:23

US banks borrowed almost $500 billion last week and depositors have moved $500 billion since Silicon Valley Bank collapsed. The WSJ reported that over 200 banks are in a similar situation as SVB. If all this hits before the US can raise the debt ceiling, we’d be looking at a catastrophic default. If they manage to raise it in time, we are still looking at the same outcome.
The Fed is out of solutions and can’t kick the can down the road anymore.
https://nostr.build/i/nostr.build_b957db39e66b6cee22251ef5a2d2fbd615b23127bfed6af49c91e20396057fe6.jpeg

2023-03-25 15:57:46

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100%. Add to that list the amount of trash China and India dumps into the ocean which is responsible for about 99% of the ocean’s garbage.

2023-03-25 15:03:38

This is interesting. Don’t get hung up on the word “crypto.” This is good for Bitcoin. As the Fed Govt starts to make it harder to buy and sell Bitcoin, one potential game theory is that states will rise up and lead the way causing a split between the US Fed Govt and Bitcoin friendly and even possibly states that use a Bitcoin standard. This may be the catalyst to turn the US to exit fiat into a Bitcoin standard out of necessity. But it could lead to Civil War.
https://twitter.com/jquantanalytics/status/1639576301513080837?s=46&t=g4WX3U3S7yju4k8JqsOqRA

2023-03-25 04:40:11

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It’s their best attempt at controlling Bitcoin (which is fruitless)

2023-03-25 04:36:34

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When you say STFU, I can’t help but read smugness. If you don’t understand Lightning or coinjoins and don’t want to learn, I can’t help you. Have a good day.

2023-03-25 04:13:29

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Sats do equal sats as in they count the same economically. I’m very aware of privacy and the complexity of KYC sats. Your question was unclear and was asking if non KYC sats and KYC sats can be on the same wallet, and the answer is yes because sats are sats.
However, privacy is a different issue. Your KYC sats are not private and won’t be unless you do some work as I stated earlier. One option would be to route those KYC sats through Lightning channels and then bring them back on chain. You effectively change the coins. Coinjoins through services like Whirlpool would also be a nice edition to making them private.
If you don’t understand that KYC sats and non KYC sats can be on the same wallet, I would respectfully suggest that you have more to learn. The smug attitude is unnecessary to someone who was just trying to help.

2023-03-25 03:58:07

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I was referring to pleb34. Your answer seemed to be at the misunderstanding of his question.

2023-03-25 03:25:41

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Are you asking “Is there a way that KYC sats can become private sats?” If that’s what you’re asking, then the question is still yes but you have some work.

2023-03-25 03:24:23

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Your question wasn’t about privacy.

2023-03-25 03:23:10

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??? You can put them on the same wallet.

2023-03-25 03:22:20

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Sats are sats. You can use different addresses so others don’t know they belong to the same keys, but sats are sats.

2023-03-25 02:59:17

The only hope for the American and global banking system.
https://nostr.build/i/nostr.build_a01cb05be119c69c6115cd996249c5ccf5593e6de9c39cc701b7233e9d805b2d.jpeg
#skullofsatoshi
#bitcoin
#plebchain

2023-03-25 02:01:26

Fortune and glory.
https://nostr.build/i/nostr.build_e0f42b779ca75a704971315f358805397d91c05a83f1d0a7788a2e93a81f0c48.jpeg

2023-03-25 00:46:05

US bank deposits fell by almost $100 billion this week. Once people stop trusting the banks, the ponzi is over.

2023-03-24 01:43:06

Awesome video by Ray Dalio on changing world orders and why the US dollar is on its last breath.
https://youtu.be/xguam0TKMw8
#bitcoin
#plebchain

2023-03-20 03:59:23

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Depends on the time frame. I think 1 or 2.

2023-03-20 03:00:23

I really think Bilajis thesis is plausible even if it isn’t probable in the timeframe he has tossed out.
However, here is how Bilajis $1M Bitcoin price in 90 days could be accurate.
1. Unrealized losses from long term Treasuries at ridiculously low rates are held by many banks.
2. Stock prices fall as a result of these liabilities growing on banks balance sheets.
3. Falling stock prices create distrust in banks.
4. Distrust creates bank runs causing failing banks.
5. Fed tries to stop contagion with inflationary QE measures.
6. Due to inflation being severe still, Fed increases rates only intensifying the problem.
7. Smart money starts to exit banks into hard assets (Bitcoin being most attractive).
8. Bitcoin price starts to moon.
9. As banks fail and Fed keeps inflating currency, Bitcoin decouples from dollar and moons like crazy.
#bitcoin
#plebchain

2023-03-20 02:45:57

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“Improving liquidity provision” sounds so sophisticated.
ELI5: “Fire up the money printers.”

2023-03-20 00:37:28

Be prepared when hyperinflation hits, this is the narrative others will start spinning as the world fiat system goes broke.
https://nostr.build/i/nostr.build_6cf32914ac1b9a3f816e933ff4806acd75dd0cb009d680e0e9e02fa6a214f79a.jpeg
#bitcoin
#plebchain

2023-03-19 22:58:17

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I’m definitely still skeptical but wondering if he just became Bitcoin maxi. He said as much in the Spaces last night that we are all Bitcoin maxis now. Whatever he feels about “crypto,” he is giving one excellent use case for Bitcoin.

2023-03-19 21:22:44

I get that many think Balajis is just fishing for engagement. Maybe he is. However, his game theory ideas on the future have been fascinating thought experiments.
https://nostr.build/i/nostr.build_5ca7bb6d4d176ce85610e4d1f86517a4bcd53de6e62935a50488bf2ead64e10b.jpeg
#bitcoin
#plebchain

2023-03-19 12:34:30

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Just depends on what you want to use it for? If you expect on routing payments through your node, you’re going to need channel sizes that are larger and good inbound liquidity. If you’re just wanting zaps from Nostr, you can get by with smaller channel sizes.
Correct. You can’t receive any more sats than your inbound liquidity of the incoming channel.

2023-03-19 04:19:08

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Is demand higher than normal currently?

2023-03-19 04:12:09

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Why not do both?

2023-03-19 04:11:10

Is it just me or did it seem that routing Lightning payments took a little longer to find routes tonight?
#bitcoin
#plebchain

2023-03-19 03:57:45

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I think this could work

2023-03-19 03:50:03

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Was in South America and was trying to say “excuse me” (disculpe). Instead I was saying “escupe.” People were very confused to why I was asking them to spit.

2023-03-19 03:47:15

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True. Have you noticed a higher volume of routing payments tonight?

2023-03-19 03:46:44

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So, book would be built on trust?

2023-03-19 03:45:35

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Moved some sats around tonight and had some trouble routing Lightning payments. My guess is that there’s an unusually high volume of people moving sats.

2023-03-19 03:43:04

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My best advice:
1. Open up a few decently funded channels with trusted peers. Don’t worry about inbound liquidity unless you plan on opening some kind of store or bank with it. As you spend sats, you’ll naturally get inbound liquidity.
2. Utilize Zeus and a VPN so you can control your node away from where it’s located.

2023-03-19 03:37:40

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Congrats!

2023-03-19 00:02:38

Balajis just said that he’s a #Bitcoin maxi now on the Twitter space. Interesting conversation.

2023-03-18 16:09:26

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Would you have to run some type of escrow 2 of 2 arrangement to make it work?

2023-03-13 10:49:07

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You can do this with Muun

2023-03-13 10:20:59

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The Fed has promised to offer an unlimited amount of liquidity (cash) to banks in the form of loans. They’re offering loans to cover the banks loans from the US Govt effectively making the US banks leveraged lenders.

2023-03-13 01:15:45

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They are definitely scared of what’s possibly coming.