Lonelypumpkins

🐤

Public Key

npub1jextjwgfkzspzk7h0yl6j27a8aqkaumncwajsrmmvsff5gt20q7slys82z

NIP-05 Address

Profile Code

nprofile1qqsfvn9e8yympgq3t0thj0af90wn7stw7deu8wegpaakgy56y948s0gpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsmdkmn2

Publishing to

relay.damus.io

nos.lol

Author Public Key

npub1jextjwgfkzspzk7h0yl6j27a8aqkaumncwajsrmmvsff5gt20q7slys82z

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Last Notes

2026-03-02 17:12:33 UTC

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WKUK! Truly a gem...RIP Trevor Moore

2026-03-02 16:58:24 UTC

https://mempool.space/tx/0d872cd3364a5f86a472c2a459a9f53dfcd5d4adeb8ee81ef197b269f18fc5d5
That seems like an expensive fee...and by expensive I mean greater than fees paid by all transactions combined in the previous 10 blocks. Lucky Foundry

2026-03-02 16:55:11 UTC

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👍

2026-02-28 15:20:24 UTC

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Making a distinction between the 3 main CJ implementations might clear this up a bit.
The CJ txns in question are samourai/ashigaru tx0 transactions, not JM or wasabi txns. The latter two don't depend on op_return.
For the first two, the initial transaction, known as tx0, uses op_return in a size that AFAIK exceeds said filtering attempt. Tx0 gets UTXO's into uniform pre-determined sizes, and initiates coordination with other collaborators.

2026-02-22 19:20:25 UTC

1. Decentralization of mining pools is a good idea and worthy of promotion
2. Pushing for BIP-110 is a good idea and worthy of promotion
These two have become conflated, IMO, and it's lamentable. They're two separate topics...it's possible for someone to have the opinion that one is a good idea and the other isn't.
Reminds me of 2016-17 when Roger Ver would conflate reddit "censorship" with his frustrations regarding the lack of consensus for a hard fork to increase base block size.
Being out of consensus becomes quite costly, in a hurry. A lot of people learned that the hard way in 2017-18. Seems like some people are gonna learn that later this year.

2026-02-06 02:38:38 UTC

https://nostr.download/f1304a4d64d50533086901e4021ef98285b6f3b94c5acf56a69e75b1f7c220b7.jpg https://nostr.download/fb3bd5650656860abe2540801cef540cf96a3a7f3f67743b7ef219ae31a413ec.jpg

2026-02-05 13:54:28 UTC

"Bail out bitcoin" 🤣
#nevent1q…sf87

2026-02-03 14:57:31 UTC

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TIL...imperial boomerang 🪃

2026-01-22 18:55:10 UTC

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Cash for Clunkers program...#neverforget

2025-12-19 01:05:09 UTC

WORD5 #441 3/6
⬛⬛🟧🟪🟪
⬛🟪🟪🟪🟪
🟪🟪🟪🟪🟪
https://word5.otherstuff.ai

2025-12-15 20:57:40 UTC

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Negative outcomes resultant from quantum FUD >>> negative outcomes resultant from quantum

2025-12-15 12:17:48 UTC

Anyone else notice how every time a solo miner has found a block this year, an article is written about how impossible solo mining is? It's always framed that way.
Go play roulette with 37 other people, and have each person bet on one number. Then every spin, when someone wins, write an article about how there was a 97.4% chance of that not happening.
https://bitbo.io/news/solo-miner-wins-block/

2025-12-11 17:58:42 UTC

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A no for me

2025-12-11 16:46:25 UTC

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He had to make the choice every day, for ~5,000 days, to keep hodling. Simple, not easy.
Hopefully those ~500 coins exist as UTXOs and not as Mt Gox claims...lots of people made the right decision pre-2014, but ended up getting Goxxed.

2025-12-10 20:02:28 UTC

Powpow & friends dropped the price of dollars again today...When are we set to hear from the orange council of elders on what the bitcoin monetary policy changes will be?

2025-12-09 22:24:51 UTC

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Remember a year or two ago when JPow was asked "why 2% inflation target?" in a congressional hearing, and he danced around, saying how getting people to think it's gonna be 2% makes it more likely to trend toward 2% via self-fulfilling prophecy, and never answered the question of why 2% is beneficial for people?
It's the rate of theft they think they can get away with...that sweet spot of max theft coupled with low enough risk of people catching on.
People fight accepting this fact so hard...

2025-12-09 22:18:26 UTC

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I haven't heard the "I have nothing to hide" logic from someone in a while...I like to ask if they have curtains on their windows, and if they like to close the door when they're relieving themselves in a bathroom.

2025-12-04 20:17:34 UTC

Do you frequent a business that uses Square POS and want to give them a nudge to enable bitcoin payments? Here's an email template for you:
****Subject: Accepting Bitcoin at Square Terminals
****Mods to make (blanks to fill in): 8, first two paragraphs & signature
{Business/contact name}, my name is {name} and I've been a customer and fan of {business} for a few years. I've been to the {location} location several times and especially enjoy the {unique item} there.
I know that {business} uses Square terminals for your POS system. Early in November, Square made it so that any merchant can very easily accept bitcoin payments. They even put up the website btcmap.org and list business that accept bitcoin payments:
https://btcmap.org/
To accept bitcoin payments, there is a change to your Square settings that has to be made and it's really easy. Here's a how-to from Square:
https://my.squareup.com/help/us/en/article/8554-accept-bitcoin-payments-with-square-alpha
It's up to merchants if they want bitcoin payments to be received into their account as bitcoin, get converted to USD instantly, or some custom split (ie 50/50). If you like, you can stick with the default of having 100% of the payments to come in as USD.
As local bitcoin enthusiasts who also support local businesses, we'd be really excited to be able to pay at our favorite places in bitcoin!
I'd be happy to answer any questions that you might have about this.
Thanks,
{name}
{organization}

2025-11-09 19:15:01 UTC

Coffee meetup on the East Shore! Two weeks from today.
#nevent1q…pytx

2025-11-09 18:47:38 UTC

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State run grocery stores went really well in USSR though...people lined up around the corners for that!

2025-10-31 22:07:40 UTC

Greetings Bitcoiners! Happy White Paper Day!
What's white paper day, you might ask? On Halloween 2008, 17 years ago today, Satoshi Nakamoto published the Bitcoin white paper on a cryptography mailing list. He/she/they had made references about working on a novel peer to peer money and payments system in this very specific corner of the internet, and October 31st, 2008 is when it was actually released. I don't know about you all...cryptography mailing lists were not one of the places I was hanging out in 2008. Suffice it to say, Bitcoin was not on the radar of many at that time.
In it, Satoshi describes a new network of nodes that allows for peer to peer transactions, in contrast to transactions that necessitate trusting a third party, as is the case for banks, credit cards, and modern fiat payment apps. All of the parts that Satoshi put together were existing technologies. The novel idea was how Satoshi combined digital signatures, peer to peer networking, game theory, economics, and proof-of-work (PoW) to create Bitcoin.
There's a memorable scene in the movie Flash of Genius, which is a biographical drama about Robert Kearns, the inventor of the intermittent windshield wiper. Ford more or less stole his invention, and Kearns sued them over it. In the courtroom scene, Ford's lawyers argued that the components of the intermittent wiper motor were all standard electronic components that anyone could freely purchase from RadioShack and assemble themselves, therefore Kearns' argument shouldn't hold water, since he only devised a certain way to string them together. Kearns (played by Greg Kinnear) pulled out a copy of A Tale of Two Cities, and read the first sentence..."It was the best of times, it was the worst of times". He argued, did Dickens invent the word "it"? No. Did he invent the word "was"? No, and so forth. Kearns argued, it's how Dickens strung them together that's meaningful in this circumstance, he argued, and this "flash of genius" moment is what distinguishes a novel idea.
Satoshi incorporated various existing technologies in such a way in the white paper. Each component was an existing technology, however, no one ever had the idea or gumption to string them all together in such a way as to make something so profound. A critical component is PoW, invented by Adam Back. Through PoW and digital signatures, Satoshi invented, some say discovered, digital scarcity. Until then, anything digital was infinitely copyable, which made digital cash impossible. Payments relied on trusted third parties to be the arbiters of truth. This is an incredible power that financial intermediaries alone possessed. Like Prometheus stealing fire from the gods and giving it to man, Satoshi released a knowledge onto the world that could never be undone. If you're familiar with that portion of Greek mythology, and what the fate of Prometheus was for this action, it's unsurprising that Satoshi wanted to stay pseudonymous, eventually disappearing completely in late 2010.
The white paper is only 8 pages long, 9 pages including references. The first 2 pages are pretty easy to grok, and then it goes further under the hood. Page 3 brings up proof-of-work (PoW). Today happens to be the best day of the year to check it out if you never have before.
Don't miss an upcoming hiking and lunch event, at 9am on Sat, Nov 8th! Details below.
Happy White Paper Day everyone!
Proof of Hike, 9am, Sat Nov 8th
Peters Mountain Appalachian Trail
2300 Peters Mountain Rd
Halifax, PA 17032
40°24'43.1"N 76°55'48.6"W
What3words: enchanting.endearing.keys
Lunch afterwards:
Boro Bar & Grille
4425 N Front St
Harrisburg, PA 17110

2025-09-28 21:15:10 UTC

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Standard 22LR or subsonic?

2025-09-19 11:38:26 UTC

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Can't spell crypto without C-R-Y

2025-08-28 16:07:47 UTC

Which wallets are people using to build <1 sat/vbyte transactions?

2025-08-27 18:33:38 UTC

Welcome to Nostr @nprofile…80mx !

2025-08-20 21:11:00 UTC

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Great video...I can't remember if Lysiak wrote about overlap between big sugar and big tobacco in Fiat Food, incentives certainly check out though

2025-08-20 11:47:22 UTC

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Since the majority of bitcoin exists in self-custody wallets, the BIS is proposing that the majority of bitcoin should be considered "bad" bitcoin.
Why stop at bitcoin? They should be able to say which cars, houses, pieces of art, or gold coins are "bad" too!
To them, value isn't subjective and determined my market participants...it's whatever the hell they say it is.
#nevent1q…6eyj

2025-08-15 13:56:11 UTC

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TIL that FHE = fully homomorphic encryption
Interesting

2025-08-15 12:12:50 UTC

Happy Nixon Shock anniversary!
On this date 54 years ago, the US "temporarily" went off the gold standard.
Median income in 1971 was $10k/yr, and gold was $35/oz. Yearly earnings paid in gold was 286 oz.
How about 2025? Median income is $62k/year, and is gold $3.3k/oz.
Yearly earnings paid in gold is 19 oz.
Our median earnings, the average of what our scarce time is worth, dropped 93% in those "temporary" years. Cheers! 🍻
https://wtfhappenedin1971.com/

2025-08-13 21:55:51 UTC

Whether the play store hammer is actually coming down or not, it is a great mental fire drill of what your phone wallets becoming inaccessible would mean.
Some people I've orange pilled (well, up to the point of stacking at least some sats, anyway) have everything on a phone wallet. Gonna reach out to them and tell them to check on their seed word backups...make sure they still have them, and they're legible.

2025-08-13 21:03:11 UTC

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Just did fresh blue wallet install, worked as usual

2025-08-13 21:00:53 UTC

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The few self custody wallet apps I checked are still available on the play store...wondering the likelihood of this actually going into effect.

2025-08-11 00:50:32 UTC

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https://nostr.download/773789d83256ce5b0d6f256869eb7a639bb4b13410b3ceb596bb0a458d478a3c.jpg

2025-08-10 01:41:12 UTC

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🙏

2025-08-10 00:00:37 UTC

Yikes...searched for ashigaru wallet on DDG, top search result link (and only one on first page of results that looks like the site itself and not an article on it) goes to what seems like ashigaru's website on first glance. However, if you click anything under "menu" it asks you which shitcoin wallet you use, and please enter seed phrase to connect. Aye yi yi

2025-07-29 11:03:45 UTC

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There have been past instances of some company claiming they're now accepting bitcoin/crypto, and when going through the PoS process, you had to either log into coinbase and pay through them, or connect your crypto wallet via some metamask BS...no option to just show an invoice address and amount (or lightning invoice) and pay via wallet of our choice like we're all used to.
Theres the interoperable/sovereign way to do it, and there's the KYC/cucked way to do it.

2025-07-29 09:48:07 UTC

https://bitbo.io/news/paypal-bitcoin-merchant-payments/
"To complete a payment, buyers connect their existing bitcoin wallets to the PayPal checkout.
The digital assets are then exchanged on platforms such as Coinbase or Uniswap, converted to PayPal’s stablecoin (PYUSD), and finally settled in U.S. dollars for the merchant."
Doesn't sound like bitcoin payments to me...sounds like hooking up one's Coinbase account to another's PayPal account. When paying bitcoin at a PoS, "connecting my wallet" has never been a step.

2025-07-28 21:50:57 UTC

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Agree

2025-07-10 13:32:01 UTC

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TY sir!

2025-05-29 16:28:21 UTC

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Fiatcoin is a better term, I've come to think...stablecoin has a marketing aspect to its name that makes it seem like there's less risk.
When money supply doubles every 10 years, stable isn't the term that comes to mind.

2025-05-20 16:28:51 UTC

https://bitbo.io/news/jpmorgan-bitcoin-etf-access/
"We are going to *allow you* to buy bitcoin."
That says it all, folks

2025-05-14 18:11:26 UTC

Rediscovering Opeth, spending some time digesting albums outside my past history of Deliverance/Ghost Reveries/Watershed.
Working on Heritage now...taking a few listens, and it's definitely growing on me.

2025-04-22 18:33:46 UTC

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https://video.nostr.build/819dfa703be2724b287e1c7c3f26c3934bb93610e37864fd5972f9115ab68858.mp4

2025-04-22 18:32:42 UTC

https://bitbo.io/news/eth-btc-low-whale-selling/

2025-03-26 17:22:47 UTC

https://image.nostr.build/dec5df6fcc0fb1f39cfbad628fd73643380b26274e531be249ebdebc330e51c3.jpg

2025-02-02 18:42:56 UTC

Favorite passage in "Bitcoin: 1/🤡🌎" so far...
"Many battles, verbal and physical, are fought over fruitless causes. Make sure the hill you're prepared to die on has a valley worth living in beneath it. Finding something worth fighting for is what makes living worth dying for."
h/t @nprofile…nevq @nprofile…gfjm

2025-02-02 01:02:28 UTC

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https://image.nostr.build/c411f43f1e77313d79424014e9943acb37258d8248a3cc4440ffddc60a73726d.jpg

2025-02-01 22:39:50 UTC

https://image.nostr.build/0a4d2d2623d8c36b171c78fa82dd2cfbb228e491190c5a8e935db00a1cea6035.jpg

2025-01-31 22:36:48 UTC

https://image.nostr.build/12cb34c0e694b412518de2a7f6b678a6017a595e0ce06bf034d8f05b8f27b089.jpg

2025-01-29 11:56:17 UTC

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First thought...anyone on Android and wants to run an app that's dropped from app stores can just get an apk file, install from that, and pass that file along to friends to continue use if it's dropped from app stores!
Second thought...the venn diagram overlap of people who are interested in using TikTok and people who know how to side load an app from apk file is probably rather thin.

2025-01-19 19:02:08 UTC

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

2025-01-09 18:04:49 UTC

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fluffypony was a fan of luxury watches, or "timepieces" as he called them...mark another point in the shitcoin column.
PS I wonder how the gulag is treating him these days...

2025-01-09 18:01:30 UTC

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also, good quote, wealth earned property walks in silence

2025-01-09 18:00:01 UTC

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the guy in the article first popped on my radar today, reading this article in bitbo...didn't realize he's known in the space, via douchbaggery or otherwise

2025-01-09 17:56:12 UTC

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is this "loaded" or someone else? I didn't realize the guy in the bitbo article was known elsewhere

2025-01-09 17:42:28 UTC

https://bitbo.io/news/court-orders-bitcoin-keys/
So although he owes $1.1 million in taxes and restitution, he has to turn over all his priv keys, valued at $124 million, to the court?
Makes sense.

2025-01-04 19:58:21 UTC

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h/t @Seb Bunney The Hidden Cost of Money
#note1s0n…hq8r
https://m.primal.net/NSDG.jpg

2025-01-03 22:21:09 UTC

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🔥

2024-12-27 13:30:50 UTC

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awesome! this has been a long time coming! (3.5 years)
looking forward to tinkering
#note1t74…qy34

2024-12-24 15:12:25 UTC

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👍

2024-12-24 14:50:55 UTC

Million Sat Bacon:
1 pound thick-cut bacon
1/3 cup packed brown sugar
1 teaspoon freshly ground black pepper
1/8 teaspoon cayenne pepper (optional)
1/4 cup pure maple syrup
Preheat oven to 350°F
Cover baking sheet with aluminum foil, place wire rack on top of foil. Lay out bacon on a single layer on rack.
Mix dry ingredients, rub mixture on top of bacon. Drizzle top with maple syrup.
Bake 40 minutes until carmelizes, or until desired crispiness.

2024-12-23 10:18:22 UTC

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I remember learning from him that sim swap attacks pose a risk to cold storage sats

2024-12-20 17:14:40 UTC

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IBIT expense ratio a little more than 12 basis points in that case...

2024-12-20 16:20:36 UTC

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😵‍💫

2024-12-20 16:19:56 UTC

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https://fountain.fm/clip/BYYgqSIjxqtBbv6Acysg

2024-12-20 16:16:35 UTC

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No one who runs a node would ever want to HF to dilute themselves, and in the process, undermine the inflation schedule everyone's been opting into since 2009.
Unless, ofc, one expects to find it more profitable to spin off a shitcoin that one can exert undue influence over. S2X companies were in this position in 2017, had their own client and repository, and pulled out at the last minute b/c they realized that being out of consensus is gonna be more costly than they were expecting. Ver & crew tried it anyway, to their detriment.
If I were a betting man, which I am, I'd say it's realistic to expect Blackrock to try this at least once. Beauty of hodling your own sats is that you share in the outcome of both sides...bitcoin and cuckcoin/inflationcoin/happycoin/ESGcoin/Larrycoin

2024-12-20 15:58:50 UTC

Shitcoins are one of the most frustrating things to me...such a destructive distraction.
Peddlers use false association with bitcoin to try to gain themselves credibility. Like a scam artist who goes to your church and swindles old people there.

2024-12-17 18:15:41 UTC

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that's an apt articulation

2024-12-17 17:19:51 UTC

TIL: Nasdaq-100 is a stock index that holds the top 100 non-financial companies listed on Nasdaq. This index is tracked by many passive index funds, notably mega-ETF QQQ. Being in this list is a big deal for a publicly traded company, as it means that lots of funds will be buying their shares irrespective of price/PE/opinion, because they have to own what's in the index. The index is reassessed periodically (quarterly?) for who belongs and who doesn't, and they have 3 substitutions this month.
In: Microstrategy, Palantir, and Axon Enterprise
Most of you are familiar with MSTR. Palantir sells spyware, and Axon is a tech/weapons company whose best seller is the Taser.
Out: Illumina, Super Micro Computer, and Moderna.
Illumina develops genetic research products, SMCI makes AI hardware, and Moderna was one of two companies who brought COVID vaccines to market.
I'm getting a kick out of this info, for reasons I can't quite articulate.

2024-12-16 23:19:24 UTC

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this info might be too late for today's visit...ask if the vet can write you a prescription for you to bring to a pharmacy of your choosing...you'll get charged way more for meds at a vet vs a pharmacy.
no hate on vets, a big chunk of their profits come from selling meds, and they're entitled to make revenue. that said, once you know you can get 100 caps of gabapentin from your pharmacy for $15 or the vet for $75, it's an easy choice, especially for maintenance meds.
also, metacam is brand name liquid vet form of meloxicam, and expensive. human meloxicam tabs are super cheap.
some vet drugs don't have an exact or close equivalent that pharmacies carry. most do though, so always ask.

2024-12-12 17:18:25 UTC

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sorry you two..."crypto couple" is already taken. continue the search for your brand please.

2024-12-09 18:33:20 UTC

Recent text to a newcoiner, who brought up price action to me recently:
Thought regarding BTC price action...once people get off zero (taking one's assets from 0% BTC to some small amount), the daily/hourly price can be mesmerizing, but it can make people do dumb things, like buying high and selling low. Human psychology often makes us do stupid things when it comes to trading...some of the best performing accounts at traditional brokerages belong to clients who've been dead for years, because they're not moving things around in their portfolio, tripping themselves up.
We see the hourly and daily moves in the price...that's like waves at the beach. The trend, however, is like the tide. And the tide's coming in.

2024-12-05 14:47:06 UTC

A thought about framing...$100,000 sounds expensive...2.4x median US income.
Another way to frame it is in the context of $900T of global assets. That number is ofc kind of augmented d/t all kinds of BS debt shenanigans, however it's a reference point.
Current BTC market cap...$2T
Current global assets...$900T
BTC currently makes up 0.22% of global assets. Gold is about 9x that (~2%). Is it reasonable for BTC value to reach that of gold, 2% of global assets? 5%? 10%?

2024-11-28 17:50:52 UTC

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the sudden arrival and slow departure of the ordinals craze, and accompanying time of high fees

2024-11-27 20:36:39 UTC

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mandibles

2024-11-25 12:27:03 UTC

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success in this context is a process, not an endpoint. in 2000, could have said internet is succeeding even though majority of world has never been online.
what would be bitcoin's success to you?

2024-11-25 10:45:19 UTC

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I say yes...does depend heavily upon definition of success though.
To me it's succeeding now as well, even though probably >99% of people have never sent or received actual sats, lightning or on-chain

2024-11-21 22:24:34 UTC

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let's see...alleged prize for one reposter 10k sats, 250 reposts so far.
expected value 10k/250 = 40 sats.
nah

2024-11-20 22:07:23 UTC

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interesting pod...thanks for sharing!
kinda funny that he happened to shit on Unchained (your competitor) in the process of revealing his info source. They deserve it, they didn't keep their customer data safe...still funny though

2024-11-20 17:46:58 UTC

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https://m.primal.net/McVw.mp4

2024-11-20 17:00:10 UTC

https://fountain.fm/clip/N4Jaz0012hKDOKR2hLzq
a profound and eloquent 3 minutes from
@npub1cn4…3vle as heard on @npub1rxy…hnp8 last week.
"Don't compare yourself to other people. Decisions are made at the margin. You wake up every day, you contribute value to the people around you. You gotta put that value somewhere. Bitcoin's the best place to put that value, period...It's been the correct answer for the last 15 years, it'll be the correct answer for the next 1500 years."

2024-11-19 15:05:21 UTC

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yes sir, or more focusing attention on TR anyway. No devs on my payroll though, unfortunately.
I have no idea how the coding of segwit wallet integrations compares with TR...for all I know, TR may be way more difficult.
As a humble user, I will run the best wallet and node software that's available. Doing P2WSH multisig on Electrum, Spectre, Caravan, Nunchuk and Sparrow has been available for years, and is amazing as-is, which I'm thankful for.

2024-11-19 14:50:44 UTC

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All of the benefits of TR that were touted prior to its activation have not yet been realized AFAIC...unless talking about shitcoinery on BTC.
With segwit, it was activated in Aug 2017, and wallets had incorporated it before year end...first the "wrapped" segwit addresses, embedded in P2SH, then native segwit in early 2018.
TR is a different story. Activated mid 2021, certain wallets here and there began rolling it out, as single sig. The TR advantages of transactional privacy (CISA) and decaying multisig (ie starts as 3 of 5, then in a year becomes 2 of 5, then 1 of 5) to me have value only when applied to multisig scenarios, and have yet to be incorporated into wallets.
Single sig TR isn't much of an improvement over single sig P2WPKH...it was way more meaningful to update from legacy to segwit addresses, however TR, as it stands now, doesn't offer near the benefit to change one's setup.

2024-11-19 13:06:35 UTC

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AFAIK:
uses Schnorr signatures instead of ECDSA
addresses start with bc1p, not bc1q like V0 segwit addresses
has more abilities regarding multisig...before TR, when spending from multisig as P2SH or P2WSH, had to include pubkeys of all signers, whereas TR only has to reveal aggregate pubkeys & signatures. this may or may not involve cross input signature aggregation, which I'm unsure of current use/availability.

2024-11-18 19:48:26 UTC

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Some info surfaced a while ago (2023?) about some of the promotions he was running, prior to the adoption of his current nym. See if you can find it.
IIRC, he was hawking get rich quick schemes.
There may be some signal in his videos currently, but I'd wager he'll eventually move to cash in his social capital in the space and exit scam in some way. Strong Richard Heart vibes...that dude put out legit content for years, then used his social capital to fleece people.

2024-11-18 19:41:16 UTC

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sure is

2024-11-13 16:53:24 UTC

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Thank you AC for going down the rabbit hole and educating yourself to make great low time preference moves for your family's future!
Many of us have people in our lives that reap the benefits of our financial discipline and our delayed gratification...also, we get our moxie stress tested every few years as well.
I'm sure she's appreciative of your efforts, and although she might not vocalize it, her actions demonstrate her commitment to you and your family, and you'll both enjoy a more prosperous life together because of your diligence.

2024-11-06 12:22:32 UTC

if one owns a Chuck-E-Cheese, it puts one in a great position denominating one's debts in Chuck-E-Cheese tokens

2024-11-04 00:30:43 UTC

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the other day I was trying to think of an example of rent seeking, and I just realized the perfect example...Ticketmaster

2024-10-31 18:30:10 UTC

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yeah, the term "rent seeking" kinda suggests that it involves charging rent.
slum lords are a thing, and arguably extractive from society d/t milking govt housing contracts. being a landlord and/or charging rent is positive in most cases probably.

2024-10-31 18:11:46 UTC

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a classic example of rent seeking is someone who installs a chain across a river, and when a boat gets hung up in it, charges them to raise the chain.
there's some overlap with extortion.

2024-10-31 17:40:24 UTC

Greetings Central PA Bitcoiners!
Two meetups lined up for November: an educational meetup on Saturday, Nov 9th, and our monthly coffee meetup on Sunday, Nov 24th. See below for a sneak peak of Nov 9th meetup.
After 6 months of chop, the exchange rate of bitcoin against the US Dollar is approaching its former ATH (all-time high). The ATH has already been breached when measured against other fiat currencies, and exceeded 100k Canadian Dollars yesterday. Keep in mind the shortcomings of these fiat measurement tools, though. Fiat currencies, due to constant debasement, AKA legal counterfeiting, bleed value continuously.
Imagine if other measurement tools that we rely on constantly changed in value! For example, say your height is 60" this year, and next year it's 63". This wasn't because you actually grew, though...it'd be because the length of an inch keeps insidiously getting smaller. Imagine if a carpenter were building you a house, and that when he showed up every morning to work on it, the length of each inch on his measuring tape decreased by some inconsistent amount overnight. How do you think that your house would turn out?
Value is subjective, and the fluctuating value of a thing can only be measured against the fluctuating value of another thing. Another way to measure bitcoin's value would be against assets scarcer than fiat currencies. Some examples are stocks (the S&P 500), precious metals (gold), or residential housing (the Case-Shiller Index). When measuring bitcoin's value against these scarcer assets, we've still got a bit to go before we eclipse the ATH, set for each of these in 2021. Compared to three years ago, we're still 24% under the ATH priced in stocks, 38% under the ATH priced in gold, and 16% under the ATH priced in houses.
Keep staying humble, and keep stacking sats.
-------------------------------------
The Nov 9th educational meetup will be geared towards what steps one can take to improve their financial sovereignty. Beginners welcome!
Topics:
What does it mean to increase one's sovereignty?
What is the staircase of sovereignty?
What does it mean to get off zero?
The importance and significance of getting off zero
Approachable steps that incrementally increase sovereignty
What is a seed phrase? Why are they so powerful?
Cold vs hot storage
Ideas for leveling up your skills and setup
Hope to see you there!
~Lonelypumpkins
Central PA Bitcoiners

2024-10-31 16:19:00 UTC

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Respectfully, I don't think you understand what rent seeking means.
Things that embody rent seeking extract value from a transaction without adding value.
Saving money isn't rent seeking.

2024-10-31 16:12:28 UTC

Happy Bitcoin Whitepaper Day!

2024-10-23 15:01:18 UTC

Happy Mole Day!

2024-10-22 19:12:37 UTC

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ok, I'll take a look tonight

2024-10-22 15:47:54 UTC

Email just went out: (links turn to text, did include video titles in text)
Greetings Central PA Bitcoiners!
Our monthly coffee meetup is this Sunday, Oct 27th, at Denim Coffee in downtown Mechanicsburg. Come join us at 1pm!
This is the second time I've used "then they fight you" in the subject of an email. The first time was in April of this year, and it was referring to the arrest of the Samourai developers. There were some news items this week that evoke that same notion.
1. ECB economists publish a paper attacking bitcoin
2. Italy proposes plan to increase capital gains on bitcoin from 26% to 42%
3. Minneapolis Fed suggests banning or taxing bitcoin to sustain deficits
The hypocrisy is off the charts with these. In the first one, the argument is made that early bitcoin adopters are getting rich and capturing wealth from later adopters, in a zero-sum scenario. Of course, this is not zero-sum, and it's how holders of any capital asset are compensated for their risk and correct choices. People who bought AAPL at $1/share 20 years ago are able to realize profit due to the buyers that value it more than that now. Likewise, today's asset buyers will profit in the future if future buyers value it more than they do now.
A wonderful juxtaposition with these news items is a recent video which compares the current Bitcoin-focused pushback to pushback against past disruptive technologies, entited "Bitcoin and the Death of Energy Misinformation" on Swan's YouTube channel. There is a long history of instances where the old guard attempts to FUD the thing that's disrupting them. For example, the bicycle came to prominence in the 1890's, and disrupted several existing industries: horse and buggy, riding apparel, railway, and public transit. A newspaper article was written that claimed "the bicycle to be the most dangerous thing to life and property ever invented". The bicycle since has become the most ubiquitous means of mechanical transportation worldwide.
Lastly, I'll leave you with this gem of a video I recently came across called "Six reasons to withdraw your bitcoin from exchanges" by Arman The Parman. My favorite is reason #6: "Unless you take coins into your own custody, you will never fully appreciate how bitcoin works. If you don't appreciate it, you won't buy enough of it, and this you will regret." Reminds me of the saying "let your education drive your allocation".
Enjoy the rest of your week, friends. Hope to see you on Sunday!
~Lonelypumpkins
Central PA Bitcoiners

2024-10-07 16:45:08 UTC

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PS @npub1tft…xar5 should turn their comments off on YT...too rife with scams

2024-10-07 16:43:40 UTC

https://youtu.be/qSSj9L9pv2U?si=UBpWLRy8IGf8Fc0L
very sharable...short, thorough, catchy, appeals to wide audience

2024-10-05 14:39:13 UTC

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good question...pretty regular pods for 3 years, then all of a sudden nothing since June.
Josh and/or Dan...proof of life?
#note1hrj…pv0m