Doc Orange
Tommy Volk

https://lightningvend.com/

Anarcho-Capitalist
Software Engineer
Making the state obsolete

Public Key

npub1jgnwmgfxcch992rkaqm5sk740vzsnpnmkrrnrm3pxu3uv6smmc8qhkqcgk

NIP-05 Address

tommy@bitcoinpark.com

NIP-57 Address

billowingnight50@getalby.com

Profile Code

nprofile1qqsfyfhd5ynvvtjj4pmwsd6gt02hkpgfseamp3e3acsnwg7xdgdaurspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg5waehxw309aex2mrp0yhxgctdw4eju6t0lr7wak

Publishing to

relay.primal.net

relay.damus.io

relay.snort.social

Author Public Key

npub1jgnwmgfxcch992rkaqm5sk740vzsnpnmkrrnrm3pxu3uv6smmc8qhkqcgk

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Last Notes

2024-09-02 18:02:08

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Extremely well put, 💯 resonate with this

2024-09-02 12:22:12

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Not an answer to your question, but if you’re annoyed by how slow clippy is, it sounds like there’s work being done to speed it up significantly: https://rust-lang.github.io/rust-project-goals/2024h2/optimize-clippy.html

2024-09-01 23:23:50

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I second this thought. I’m consistently surprising not only by how few people would like to consistently raise the fed interest rate until it’s above the free-market rate, but how few people even understand that idea at all.

2024-09-01 16:11:00

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🎯
It’s a solution to a problem that people don’t have - yet

2024-08-28 18:38:33

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We’re headed to the right side of the Laffer curve, boys. Buckle up.

2024-08-21 12:16:48

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It really isn’t

2024-08-21 04:24:19

Writing GUIs in rust is surprisingly satisfying! Tried out the ‘iced’ crate to make a desktop app. The number of available components is pretty limited, but the snappiness of resizing and interaction is a huge breath of fresh air compared to Electron- or Tauri-based apps.

2024-08-15 13:07:06

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Price gouging doesn’t exist. If you don’t like what someone is charging, buy it somewhere else. If you don’t like what anyone is charging, start your own business and compete with them. And if governmental bureaucracy and regulation prevent you from doing so, blame governmental bureaucracy and regulation, not the businesses.

2024-08-13 13:07:40

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GM GARY

2024-08-10 15:11:32

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Dude so sorry somehow I didn’t get notified about your comment until just now 😂 Nostr is still early

2024-08-09 18:56:34

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This feels so accurate 🤦‍♂️😅
It really feels like everyone who is able to learn from reason have found Bitcoin, and everyone else will just have to learn through pain

2024-08-08 03:54:53

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Two small suggestions:
1. Center the header text
2. Change the Onchain icon to a chain icon, since using a Bitcoin icon implies that Lightning and ecash aren’t Bitcoin (I know ecash isn’t Bitcoin technically, but it functions as Bitcoin in practice)

2024-08-02 19:38:43

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I’m assuming you’re just trolling. If we’re not talking about government, then who in their right mind would be against people climbing Maslow's hierarchy?

2024-07-30 13:05:05

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Live “fuck” counter made my wish list for next year. Need one on every stage.

2024-07-29 01:56:23

“No one is coming to save me; no one is coming to make life right for me; no one is coming to solve my problems. If I don’t do something, nothing is going to get better.”
- Nathaniel Brandon
This resonates with me strongly after all of the conference politicization. We need to build our way out of the mess we’re in and make the state obsolete.

2024-07-27 17:30:29

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Sorry man that really sucks 😔 will be on the lookout

2024-07-26 00:38:31

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Already here ✌️

2024-07-25 21:11:35

Are any Bitcoin mining operations leveraging the Rankine cycle to produce additional power with the waste heat? Would be similar to turbocharging an engine.

2024-06-23 14:32:00

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Real Time Relationships by Stefan Molyneux
Free online copy is here: https://freedomain.com/freedomain_books/real-time-relationships-the-logic-of-love/full-text/

2024-06-22 18:12:35

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Only thing worse is a ceiling-mounted fridge that opens from the bottom

2024-06-22 13:32:48

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I've had trouble describing this to people as well. The state ruins everything.
Reputation network + top-down state coersion = social credit score
Reputation network + bottom-up voluntary association = web of trust

2024-06-21 13:28:41

🤔 I think the US govt needs to look in the mirror https://image.nostr.build/28cb6ec9480fcde68677e26b82dab167812dfa4c7ef01881bc895b5b8754e178.jpg

2024-06-19 04:50:49

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Ugh I wanna go watch Wallace and Gromit now

2024-06-17 03:37:08

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The 2027 timeline to AGI feels way too early but the numbers he puts forward are very hard to argue with

2024-06-13 03:09:14

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@npub10a8…8zkw I'd love to chat about a Keystache integration!

2024-06-10 15:49:54

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Similar advice I heard when learning parkour:
Slow is smooth, smooth is fast

2024-06-03 04:42:42

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Agreed

2024-06-02 03:09:49

Currently reading Confessions of an Economic Hitman and am genuinely confused how Nayib Bukele hasn't been assassinated yet

2024-05-27 01:43:06

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Agreed, upgrading Fedimint to 0.30 felt like a herculean feat 😅

2024-05-25 21:12:44

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https://image.nostr.build/7387fe8f9b6b50ff89cda3b9af4a2bea1d973cac28d7e1f971c2d07b85104b9e.jpg

2024-05-25 21:05:13

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Missed u bro

2024-05-15 17:56:29

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We got a NIP!
https://github.com/nostr-protocol/nips/pull/1222
The NIP covers UDS communication more generally. I wrote a reference implementation in Rust that uses JSON-RPC 2.0 requests/responses wrapped in NIP-04 events exactly as described in NIP-46:
https://crates.io/crates/nip-55
The crate comes with a very basic NIP-46-over-NIP-55 module:
https://docs.rs/nip-55/0.3.1/nip_55/nip46/index.html

2024-04-29 19:40:18

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🤨

2024-04-29 19:39:27

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I'm not interested in alt coins, and I don't think a blockchain is a good fit for a DNS replacement. I think some form of web of trust is a much better approach than a single source of truth.

2024-04-29 15:23:21

Is any progress being made on an opt-in censorship-resistant alternative to DNS?

2024-04-23 20:20:02

@npub1zsw…gc6x showed me his Fedimint Nostr threshold signing module, ROASTR where he signed and published this note from a test federation #note1jvz…xkxx

2024-04-10 18:58:00

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Feels like we're approaching the fiat end game

2024-04-10 14:47:14

"I hate incompetence. I think it’s probably the only thing I do hate. But it didn’t make me want to rule people. Nor to teach them anything. It made me want to do my own work in my own way and let myself be torn to pieces if necessary."
Howard Roark (The Fountainhead, Ayn Rand)

2024-04-09 01:03:35

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WHAT DID I MISS? PLEASE EDUCATE ME

2024-04-07 12:25:01

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Hopefully we can make Bitcoin boring by then

2024-04-05 01:58:41

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Yeah good point - the line between NIP-07 and NIP-46 get a bit blurred for me when focusing on desktop. I'm working with @npub1ygz…60k2 on the design and our plan is to write up a NIP that uses the same RPCs as NIP-46 but over UDS. Then any key management desktop app could also be a NIP-46 client and essentially be a per-device Nostr hub that can either hold the private key on device or reach out elsewhere.

2024-04-05 01:46:50

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You can try out my reference, Keystache, here: https://www.resolvr.io/keystache

2024-04-05 01:43:54

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MacOS has UDS as well, and Windows has Named Pipes instead which is almost identical. I haven't messed with Named Pipes yet, but this should be cross-platform eventually.

2024-04-05 01:41:57

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Yep very similar, just over UDS

2024-04-05 01:40:34

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I'm working on exactly that, using Unix Domain Sockets. Here's my reference implementation: https://crates.io/crates/nip-70
NIP draft coming soon!

2024-03-28 16:48:53

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I don't know how well that'd work for businesses that have employees

2024-03-28 16:45:30

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Definitely! Strike's ability to receive dollars over lightning is huge! Great way to pitch Bitcoin to businesses that otherwise wouldn't care about it.

2024-03-28 16:41:13

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But you have to run your own BtcPay server, right? For bitcoiners that's fine, but imo the added complexity of accepting Bitcoin in a noncustodial way just isn't that enticing for most businesses (yet). The average business will only be interested in accepting Bitcoin as long as it's really easy, and for now that means using some form of custodial solution. They could use Voltage to host a BtcPay server, but then they lose the self-custody advantage _and_ they're back up to $25 per month in costs.
In a few years' time I can certainly see something like Fedimint become an easy way to accept Bitcoin. No need for lighting channel management since that's left up to gateways, and fees will likely be fairly consistent and low. But that'll take some time.

2024-03-28 16:18:14

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From what I understand, Zaprite doesn't ever touch your funds. Rather, you can connect it to your choice of both fiat and Bitcoin rails, including your own lighting node if you want. If there's a better option out there, definitely lmk! I'm very excited for when we can start making a bulletproof case for business to start accepting Bitcoin!

2024-03-28 16:01:27

Talked to a friend the other day who runs a small business. He's not a bitcoiner but I've talked to him about it here and there. He mentioned how much they have to pay in credit card fees, so naturally I brought up the ability to circumvent that using lightning. I showed him Zaprite and he seemed genuinely interested. At $25 per month for a Zaprite subscription, and assuming that you save 2% in fees and pass half of that savings back to the customer (i.e. you save 1%), you'd need to get $2,500 per month paid in Bitcoin. The conversation ended with "this doesn't quite make financial sense... yet" but I don't think it'll be long until it becomes a no-brainer for most small businesses, even if neither the business nor the customers care about Bitcoin.

2024-03-28 15:48:14

Is anyone working on printing physical paper E-Cash notes? The folks at https://noteworthy.ag/ have made paper Bitcoin notes with a visible public key and a scratch-off private key - I'd be interested in something similar but replacing the public key with a federation invite code and the private key with E-Cash. Not the most practical and secure way to hold E-Cash but the tangibility would be cool.

2024-03-27 20:02:37

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FUCK YOU

2024-03-24 16:29:10

Is there a Chrome extension that replaces dollar values with sats? I want to stop thinking in fiat

2024-03-22 13:50:29

How close are we to companies viewing a college degree as a negative when hiring?
Of course it depends on the industry, but in general

2024-03-18 02:04:35

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There are three types of people:
Those who learn by principles
Those who learn by experience
Those who never learn because they already know everything

2024-03-17 13:23:55

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💯

2024-03-16 01:31:49

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It might be possible with some modifications to this: https://github.com/Kodylow/hermes

2024-03-14 05:59:42

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An at-desk treadmill is also huge!

2024-03-12 02:04:03

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But what would we do without those roads??

2024-03-07 22:40:06

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But don't you remember? You have rights! https://image.nostr.build/26a53649ad7b6f363c0db8cc0b869426710b7ed8e9f6abbfddf8b339ff0f6094.jpg

2024-03-05 21:47:31

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Decentralization is massively inefficient, but for a monetary network it sure as hell beats the alternative

2024-02-28 17:17:22

Gresham's law: "bad money drives out good"
I had someone ask me how Bitcoin could succeed given this law. But Gresham's law isn't a law like the laws of physics - rather, it's describing people's natural responses to incentives. If bad money really did drive out good, people would use dirt as money, or perhaps even the words "thank you" uttered by the purchaser. Clearly this isn't a universal law. Instead it is the outgrowth of two different types of money with different intrinsic values being declared by governments to have the same face value. When the US government replaced silver coins with silver plated coins, businesses were forced to accept both types of coins at the same dollar-denominated value. So when someone needed to buy something, they would want to spend the coins that were worth less and hold on to the ones that were worth more.

2024-02-28 07:29:23

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IF YOU COULD CENSOR OTHERS, THEY COULD CENSOR YOU

2024-02-28 05:16:35

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I had ChatGPT filter out foreign companies from the list and it looks like instead it created a whitelist that included Google instead of Alphabet. The numbers are still correct but it likely left out some other well-known companies.

2024-02-28 03:16:32

There are currently over 22 million people who worked for the US government. This including federal, state, and local (but excludes military). Here is a list of companies whose combined employee count reaches just over 10 million - less than half of this number.
Walmart
Amazon
Home Depot
Target
Kroger
Berkshire Hathaway
FedEx
JPMorgan Chase
IBM
Wells Fargo
Microsoft
CVS Health
Bank of America
Walgreens Boots Alliance
Comcast
Raytheon Technologies
General Electric
General Motors
Oracle
Apple
Boeing
AT&T
Johnson & Johnson
Tesla
Intel
Lockheed Martin
Verizon
Procter & Gamble
General Dynamics
Northrop Grumman
Pfizer
Coca-Cola
American Express
Merck
HP
Goldman Sachs
McKesson
Chevron
Uber
Netflix
eBay
Airbnb
Lyft
Morgan Stanley
Sources:
https://www.statista.com/statistics/204535/number-of-governmental-employees-in-the-us/
https://companiesmarketcap.com/largest-companies-by-number-of-employees/

2024-02-21 23:54:51

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THAT WAS PAINFUL

2024-02-20 01:40:58

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Wow this is incredible! It'd be cool if LM Studio added support for this. You could rely on cloud-based inference when you have internet and want lightning-fast responses, but fallback to local inference using the same model if you're offline or want to ask a question privately.

2024-02-19 21:04:09

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Welcome back!!!

2024-02-17 19:40:25

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Catch y'all at the next one!

2024-02-16 21:08:48

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The decrypted message that the threshold unwraps could, itself, be a NIP-4 message or something similar that can be shared and decrypted by the final recipient

2024-02-16 21:07:28

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If you encrypt the message such that it can only be decrypted by a threshold of a group of people, and you tell that group not to decrypt it until a specific time, you could achieve similar behavior. Perhaps a Fedimint module could be written to do this.

2024-02-16 15:48:16

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I got 250 GB once 😱

2024-02-15 15:31:04

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LOW-FEE MERCY KILLING

2024-02-08 20:10:59

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The hidden assumption being that there _is_ such a thing as a good government.

2024-02-06 22:53:48

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Eventually this will reverse. Nostr will be the proof of identity.

2024-02-02 19:45:00

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Agreed. In a free society, a bank would basically be an investment organization whose goal is to turn Bitcoin into more Bitcoin. Ideally there would be stipulations on withdrawals to avoid bank runs in a pre-agreed way rather than just hoping that everyone doesn't withdraw at once. I certainly wouldn't put my money in a Bitcoin bank that runs on hope.

2024-02-02 19:01:20

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It's surprisingly satisfying. Cheers! 🍻

2024-01-29 20:13:29

Writing up a guide for how to create a Fedimint federation. Should be ready by this weekend. Stay tuned!

2024-01-29 05:56:44

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I'll hit you up when it's ready!

2024-01-29 05:56:22

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Will do!

2024-01-29 04:52:18

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I'd be happy to write up a Medium-style article on what we did!
All credit goes to @m1sterc001guy for working out the kinks, I'd mostly just be cleanly documenting what he already figured out.

2024-01-29 04:46:58

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Actually it is as of last month! Here's the first stable release: https://github.com/fedimint/fedimint/releases/tag/v0.2.1
Obviously still #reckless but someone's gotta start running it

2024-01-29 03:51:27

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Mainnet! Requires some technical expertise but @npub1zsw…gc6x walked me and the other guardians through setting it up. We'll hopefully make a post or article on how we did it.

2024-01-29 01:51:22

Running fedimint

2024-01-25 21:58:54

Went to a dispensary last night and bought some CBD. They mentioned that if I paid by card it would cost a few dollars extra in fees. I paid with my debit card and noticed later that the charge showed up as an ATM withdrawal. Their point-of-sale device looked pretty normal, definitely not like an ATM. The place was fairy upscale - not shady at all, so I figured there must be a good reason they accept payments this way. After some research I found out that they do this because banks will often reject payments to dispensaries since weed is still federally illegal, and performing an ATM withdrawal for the exact amount needed allows for dispensaries to bypass this. I paid $5.50 in fees for a $40 purchase. Accepting Bitcoin seems like a great pitch to these businesses! Even if they billed the exact same price to customers, they could bypass the ATM fee for Bitcoin payments. For my purchase that would have saved almost 15%, and it'd save even more for smaller payments! https://image.nostr.build/2107862df435a57c64aedb4c4ee02d448c84a2103f84af0dcd6a5f333b7230ff.jpg

2024-01-24 16:25:27

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https://image.nostr.build/7adc46d6c471d0e3b85fc43b8a548cb92945a2cce030e46ad7f1349f5533fe32.gif

2024-01-22 23:03:03

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The American Experiment has failed and the American Dream is dead

2024-01-22 21:51:00

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Every fkn day

2024-01-22 20:51:23

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Really good read! I originally thought of Fedimint as a layer 3 since it builds on top on layer 2s (most notably lightning) to achieve seamless interoperability. I now think of it as a layer 1. Each federation is its own base layer which takes all of the best parts of shitcoins (low fees, great privacy, transaction speed & scaling, easy modification of base layer protocol, etc...) but pegs to Bitcoin and leverages its decentralization - the key component missing from all shitcoins.

2024-01-22 16:58:54

@npub1ygz…60k2 walked me through the design of a NIP he wrote. I learned a ton about Nostr under the hood and am more bullish than ever on the protocol - especially on the "other stuff"!

2024-01-22 16:36:08

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I'd let it slide. That can be debunked in a moment's thought and we don't need people who don't think ruining Bitcoin's good name.

2024-01-21 21:26:02

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I love this. Brilliant take!

2024-01-21 00:12:27

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What is propaganda but the roofiing of the uncritical mind?

2024-01-20 23:10:15

https://image.nostr.build/52fdfa32eb34e1c06d5c97abc349d806c76b6b6af112ac14e6b0f639bcee2040.jpg

2024-01-20 20:02:08

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Waaaay better than death and taxes!

2024-01-20 17:31:38

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💯 Fedimint contract modules can be soft fork playgrounds. If enough federations end up adding a certain module, then maybe it's time to add that functionality to layer 1. MAYBE.

2024-01-18 17:31:58

"I love you and I hate the state" - my wife

2024-01-17 23:55:42

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If we assume on-chain fees remain cheap and accessible, then all Fedimint really does is allow users to give up full self-sovereignty in exchange for easy onboarding. A decent trade-off for some, but not super game-changing. But if we assume on-chain fees are going to exponentially rise, Fedimint has a very strong use-case as a scaling solution. It's built to solve a problem that largely doesn't exist... yet.

2024-01-16 15:52:23

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Are they making Bitcoin look bad, or are they making Nostr look good? 🤔

2024-01-12 23:44:15

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Fedimint will be the portal into the network for individual users, Lightning (and/or other trustless layer 2s) will be the inter-federational glue, and on-chain will be the ultimate liquidity rebalancer