brock
Brock

📈🔥🚀
Bitcoin only. NOSTR only.

(…Not financial advice, do your own research, opinions my own…)

⛳️🏌️‍♂️ 🍻 🥩🍷

Public Key

npub1dl3snacnxj9qu5a5llsch0qld4vrvv2s0pv5wh0ntsq80ndz304ql234z9

NIP-57 Address

magentaladybug4@primal.net

Profile Code

nprofile1qqsxlccf7ufnfzsw2w60lcvths0k6kpkx9g8sk28the4cqrhek3gh6spz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsduptda

Publishing to

relay.damus.io

nos.lol

relay.primal.net

Author Public Key

npub1dl3snacnxj9qu5a5llsch0qld4vrvv2s0pv5wh0ntsq80ndz304ql234z9

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Last Notes

2024-09-05 18:43:44

My wife breaks out in keto rash a few days into strict carnivore diet. Any idea how to treat / manage without breaking ketosis?
@npub1508…twu3

2024-08-31 11:18:11

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The cost of enforcing regulation will be the downfall of regulation. Bitcoin fixes this.

2024-08-30 16:09:30

Perhaps we need some different voices getting in front of the institutions to accelerate bitcoin adoption.

2024-08-28 12:27:32

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This is the stupidest thing I’ve heard this week. WTF is that guy and why does he matter?

2024-08-27 20:50:55

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True. It represents the productivity of all past & future buyers.

2024-08-27 16:43:51

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Utilizing NOSTR makes Twitter obsolete.
IMO, there are far too many bitcoiners who are far too reliant on Twitter for their reach. At this point, it is a challenge to the bitcoiners who are reliant on Twitter to figure out how to change their business models to achieve success without the reach afforded by the centralization of twitter.

2024-08-27 15:57:25

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I want more of these tangible insights on NOSTR. Thanks!

2024-08-27 14:59:57

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Except for golf clubs…there is always budget for golf clubs.

2024-08-27 00:13:44

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Why is @npub1cj8…rz4u still on Twitter?

2024-08-24 23:03:19

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“Show me the incentives and I’ll tell you the outcome.” -Charlie Munger
NOSTR has an incentive problem.

2024-08-17 17:30:56

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I wonder how much the bitcoin price action impacts the mood and activity on NOSTR…do you think there will be a boom of activity over the next 12 months if the cycle ends up playing out like it has in the past?

2024-08-17 11:36:08

Halving cycle over halving cycle, bitcoin sets the risk-free rate for investing money.
Wall Street isn’t ready for the implications … 🫨🤯🫥

2024-08-17 10:46:08

Network effects are critical for social networks / digital products to work. This is because every connection compounds the value of the product.
Facebook achieved its network effect by starting at elite universities and teasing false scarcity in the roll out of their product. It was cool to be on Facebook and not everyone had the opportunity. When a new user base had the opportunity to participate they opted in, and many became instantaneous heavy users.
While the free speech angle of NOSTR is cool, the network effect isn’t happening. I follow 800+ accounts but the same couple dozen individuals are active … and there isn’t a lot of compounding effect in the engagements.
How does this change? Will the NOSTR developers make it long enough to let the network effects occur naturally? Are the financial incentives enough to make this ecosystem function?

2024-08-17 02:06:31

I have had a ‘Nym where I don’t zap. It is much more “followed” than this account and that’s fine. But I’ve learned somethings since I went legit.
From this account, I have been zapping like crazy on this account. Two things I’ve noticed…
(1) besides @npub1qny…95gx and @npub1sg6…f63m no major influencer zaps in any meaningful amount.
(2) my zaps are meaningful on @npub12vk…pugg “most zapped in last 4 hours” search.
Both are entirely pathetic. Be better NOSTR…

2024-08-16 15:41:28

How much longer can “THEY” suppress bitcoin’s purchasing power?

2024-08-15 15:45:20

It’s been quiet on the Commercial Real Estate market front.

2024-08-15 02:21:35

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What’s the timeline you’re thinking? How suddenly are we talking?

2024-08-14 14:24:30

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(1) accountability is defused in most companies
(2) most of the workforce is completely oblivious to macroeconomics
(3) not enough proven examples of bitcoin clearly helping companies

2024-08-14 13:30:32

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What does this accelerated charging approach do to long-term battery health? Does the battery lose its charge faster when idle? Battery technology has so many trade-offs.
And the baseline for batteries is considerably worse than ICEs run on hydrocarbons.

2024-08-14 11:00:08

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Amazing!

2024-08-14 10:57:57

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He has a legal obligation to his TSLA shareholders, after all.

2024-08-14 01:21:39

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Which RTJ is that?

2024-08-13 02:12:43

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I’d love to see how you made this, looks delicious!

2024-08-13 02:10:16

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Could it be that Clinton / Gingrich are the best American political tandem since 1971?

2024-08-13 02:08:24

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Yes, Trump was even bad even before the covid response. Both sides need the money printer brrrrring, neither side wants smaller government.

2024-08-13 01:40:40

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The implications of this are critical. If there is debt against the asset, the debt gets paid - IN FULL - before equity claims are paid.
In a world saturated in more debt then there is future asset value, there is no equity in that system.
We see this show up in the claims on individuals’ productivity both in explicit taxes (income, property, sales, capital gains, etc.) as well as indirect taxes (inflation). The debt taken out by prior generations and large institutions without personal liability for the payment of the debt now has a priority claim on humanity. It must get paid off first.
Freedom is akin to equity. Anything above and beyond the debt is ours to keep. Unfortunately, because of the legal definition of debt, there is less equity value / freedom in the world today.
We’re all subject to the debt commitments we had no part in making.

2024-08-13 01:08:36

📈🔥🚀

2024-08-13 01:00:03

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Every company can’t employ this strategy. As the strategy gets crowded, the market will function similarly to debt markets … at the extreme, if ExxonMobil decides to deploy it, then capital will choose them over Marathon bitcoin mining doing the same strategy. The stability of cashflows is paramount to the fiat debt to build a treasury reserve strategy and bitcoin miners have nearly the opposite dynamic.

2024-08-12 20:15:52

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A friend of mine asked, “what are they REALLY going to do to him?”
I’m very interested in the answer to that question and hope he calls their bluff. Judging from his response on Twitter, I think he just might be daring them to do something tangible.
He knows The People are with him.

2024-08-12 19:52:43

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What are your thoughts on what is taking so long with the sovereigns? Specifically the Middle East, I thought they’d be among the first movers. Even more specifically, Iran since they are among the most impacted by the consequences of the dollar’s reserve status.

2024-08-12 15:30:26

When is @npub1s5y…6q7z going to get a segment on CNBC’s SquawkBox?
#note15l2…lhkr

2024-08-12 15:26:57

When is @preston going to get a segment on CNBC’s SquawkBox?
#note15l2…lhkr

2024-08-11 10:43:28

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Are you referring to selling or dying? Unclear by your message.

2024-08-11 10:38:55

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Glad to have you over here. What’s the secret to getting more followers so quickly?

2024-08-09 13:53:30

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We need more of the content you and your peer group share on Twitter over here. Lots of good vibes but the content is dramatically worse than on Twitter.
I just created this key so that I could be myself on NOSTR. ‘Nyms are fun but we need some legit content here too.
Thanks for coming over and posting.

2024-08-08 15:17:51

In 1971, the world moved from a gold standard to a real estate-backed credit standard.

2024-08-08 14:53:15

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I think we might need to lower our time preference. Look at the challenges facing Twitter right now…and they have advertising. Our alternative is buying bitcoin with the dollars being spent on NOSTR development. Growth isn’t the goal, quality is.

2024-08-08 01:08:27

Miners have to be feeling this low hash price … how many secured flexible credit financing (i.e. revolvers) to weather the immediate post-halving storm? If everyone has the fiat financing, does that just stave off the mass capitulation for later?

2024-08-07 13:48:14

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Do you think that if the Left was more aligned with the Democratic platforms of the 70s-2010 that you might have better luck convincing them that bitcoin circumvents the power of a large government / corporate machine oppressing the freedoms of the individual?
Soon after Occupy Wall Street, it feels like the Left aligned itself with a “govern me harder” platform vs. the previous focus of policies that prioritized the individual over the corporation.
Through the prior lens, pockets of Democrats might have been among the first groups to “get” bitcoin (i.e. Rage Against the Machine). However, now that the D platform aligns with a government / state-aligned corporation … a threat to centralized control is counter to the Left’s current priorities.

2024-08-07 12:20:37

Taleb has serious Bitcoin Derangement Syndrome. He violates two of his key ideas in this clip: (1) he’s dismissing btc on the basis of its volatility, the very trap that he talks about in Antifragile, and (2) dude is sharing his opinion without taking a long or short position on btc - skin in the game or GTFO. He once had great ideas but his hatred for bitcoin has destroyed his ability to act rationally.
#note168j…rxcz

2024-08-07 12:15:17

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Point of clarification — there were only a few of Olympic games before 1913. Wikipedia says only 3 games (1904, 1908, 1912) awarded pure gold medals and “they were smaller”.

2024-08-06 22:53:27

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The comment is relative (between two parties) not absolute (man vs. time).

2024-08-06 22:16:11

First rule of negotiation:
Control the clock.

2024-08-06 19:16:16

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Some thoughts:
Facebook started with high-end universities, tuned the initial experience to benefit care-free college students, and created its network effect through elite circles first.
Vine vs. TikTok? No idea.
Google Circles was trying to directly substitute for a product (Facebook) that had an insurmountable network effect. It was too hard to get everyone to start over on an entirely new platform for essentially the same experience. One social network was enough for most everyone.

2024-08-06 18:20:10

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Just be sure you’re allocating your capital efficiently! Would love to see Norway be a leader in bitcoin mining. Good luck!

2024-08-06 18:16:13

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“Put some skin in the game, Nassim. You wrote the book on it, didn’t you?” - Joe

2024-08-06 18:05:29

Bitcoin sets the risk-free rate … “doing nothing” is an entirely viable alternative to “doing something.”
#note1hau…q5vk

2024-08-06 17:56:19

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Not everywhere will be the first. The cost of convincing is real both in actual cost terms as well as opportunity cost terms.
Texas is huge for bitcoin … tons of waste, curtailed, and spare energy in a favorable political / regulatory regime. I’d expect that Texas’s success will be more convincing for other regimes missing out than the pleas of a small group of passionate citizens.
Regimes will get FOMO…good thing for you is that Norway is sophisticated so they’ll be one of the first regimes to realize what they’re missing.

2024-08-06 17:52:43

Bitcoin sets the risk-free rate.
That’s the product.
#note1dh4…ay24

2024-08-06 17:42:32

Debt is a priority claim on an asset.
Equity is the residual claim on the remaining value of the asset.
Simply, these are the legal definitions of the two basic types of financial instruments.

2024-08-06 17:16:38

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Norway has one of the most progressive views on energy and its commercialization in the world. They actively try to export their socialistic approach to energy commercialization to the rest of the world.
It is not surprising that they view bitcoin mining negatively given that bitcoin mining is difficult for any State apparatus to administer and manage.
It will be difficult for them to maintain this position over time but I am bearish on Norway being on the leading edge of jurisdictions embracing bitcoin mining.

2024-08-06 17:03:57

Everyone should be ALL IN on something during their life. 100% conviction and commitment.

2024-08-06 16:45:20

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This is a good observation re: incentives. The “problem” with the deflation of sound money economy is that competition drives the price down to the marginal cost of production of the lowest cost competitor.
In the software space, that means the cost of maintenance which is relatively low compared to the cost of standing the code up. If there is no ongoing profit, there is very little reason to take the risk and make the upfront investment to build.
The result of sound money is smaller, quality oriented goods, services, supply chains, and cultural contributions. As the growth & consumption oriented fiat model has yet to be phased out, there is a huge problem for the bitcoin developers who live in a fiat world but are building for a sound economy.
Props to those fighting the fight.

2024-08-06 16:34:01

https://bitcoin.org/bitcoin.pdf

2024-08-06 14:32:46

One of the things that legacy social media has developed is each platform has its “job to be done.”
LinkedIn … professional
Twitter … current events / commentary
Instagram … showcase / dream
Facebook … community engagement
NOSTR clients don’t have that same definition. Whereas I held on to my LinkedIn profile far longer than the rest, it had clear methods of activating its usefulness - albeit using the legacy system.
While NOSTR is fun for bitcoiners to high five and lament each other, the next step - the most important step, IMO - is coordinating real actions between networked individuals.
I set up my real profile here for that purpose…I’m kinda skeptical sitting here on day 2…let’s see how it goes.
**Shouting into the abyss of the protocol to my 1 (probably bot) follower right now.**

2024-08-06 13:44:08

I agree and am interested in their discovery process. Is the process one full of strategic, collaborative decisions (i.e. current corporate approach) or is it ugly, clumsy, and urgent in the face of tumult?
#note1qmw…j9rs

2024-08-06 07:11:40

Bitcoin should set the “risk-free rate” which is used in all investment decisions for every individual, corporation, and government.
What happens if instead of discounting future cashflows by 10% annually everyone uses 50% against those same cashflows? And how would such a dramatic increase in the cost of money impact the size and timing of the cash flows?
The implications would be massive.

2024-08-06 00:51:34

I look forward to the day I can buy a 1/1 @npub1ndk…gk2v … appreciate the hard work
#note1htw…2f8l

2024-08-06 00:41:35

Just set ours up today. We’re playing that forever lottery.
#note1trz…sx79

2024-08-06 00:37:30

Deleted my last legacy social media account.
NOSTR only. Bitcoin only.