Lonelypumpkins

🐤

Public Key

npub1jextjwgfkzspzk7h0yl6j27a8aqkaumncwajsrmmvsff5gt20q7slys82z

NIP-05 Address

lonelypumpkins@nostrplebs.com

NIP-57 Address

lonelypumpkins@walletofsatoshi.com

Profile Code

nprofile1qqsfvn9e8yympgq3t0thj0af90wn7stw7deu8wegpaakgy56y948s0gprpmhxue69uhhyetvv9ujumn0wdmksetjv5hxxmmd69yc0t

Publishing to

relay.noswhere.com

Author Public Key

npub1jextjwgfkzspzk7h0yl6j27a8aqkaumncwajsrmmvsff5gt20q7slys82z

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Last Notes

2024-08-16 23:27:58

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Dunning-Kruger at its finest

2024-08-16 15:52:20

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might be the info you're looking for

2024-08-16 15:33:13

Playing with multisig is inexpensive at current fee rates, or free with testnet...specter, sparrow, electrum & nunchuk allow you to build multisig wallets from hot keys, cold keys, or a combination.
Imagine BTC goes from 0.13% of global assets to 1.3% in the next year...are you still comfortable with your present setup? Tinker and learn while things are relatively quiet, and txn fees are around as cheap as they get.

2024-08-15 18:06:07

https://bitbo.io/news/sec-approves-microstrategy-leveraged-etf/
lol...why?

2024-08-07 11:17:03

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take solace in knowing your sats are immune to such chicanery

2024-08-05 22:10:18

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👋

2024-05-26 10:41:42

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if you're not gonna run your own node, Wasabi might be the best light wallet to run these days privacy-wise, coinjoin functionality/drama aside

2024-05-23 17:06:51

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🤔

2024-05-16 09:15:02

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

2024-05-15 15:04:47

"Vanguard Adds New $100 Account Closure and Outgoing Transfer Fee"
Just a coincidence that VG never had an exit fee for decades, in Jan 2024 blocks bitcoin ETF buys, then in May 2024 announces steeper exit fee than all of their competitors, right?

2024-05-09 12:55:19

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"he is a she/her".
Roger that.

2024-05-08 23:17:32

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

2024-05-08 20:20:27

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available on antennapod...sharing from there links it as soundcloud

2024-05-08 17:32:06

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I'd suggest CC over trezor.
the model T does have more functionality over the original model. both can be pwned easily if the attacker has physical access to the device.
both have btc only firmware you can run, but that doesn't change the fact that the company spends a lot of their time working on shitcoin BS instead of working on making a better hodl storage device.
do trezors have value? probably.
in a world where CC are available, would I ever suggest one for storing someone's hodl? no.
if price doesn't make sense for a CC, it shouldn't make sense for a trezor either...just repurpose an old phone and run bluewallet or envoy on it.
passports are solid choice too, btw

2024-05-06 18:12:38

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for someone who earns median W2 income in the US, which is a more valuable asset for the federal gov in a given year?
1. the taxes they pay on wages and capital gains
2. the cumulative demand on the price of USD that results from transacting in USD, and their holdings of USD instruments (cash, bank deposits, MM funds, bonds)

2024-05-06 18:02:30

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https://youtu.be/ojXxuibPLp4?si=f33WeCPnhR8-TTvZ

2024-05-03 12:02:45

TIL there is an ETF that tracks Nancy Pelosi's portfolio 🤡
Outperforms the S&P500 so far, ofc
https://finance.yahoo.com/quote/NANC?.tsrc=fin-srch

2024-05-01 21:38:50

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Shadowbane can always sniff it out though...
https://m.primal.net/ICFw.jpg

2024-05-01 16:09:40

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once sparrow is set up and talking to coldcard via the channel of your choice, send and receive a few test transactions.
setting up a wallet on sparrow and receiving are important steps, however the true crux of testing a new setup is to spend out of it.

2024-05-01 16:00:30

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

2024-04-28 18:46:06

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I'm an advocate of not asking questions that imbue an aspect of social pressure to do a certain thing or tacitly imply that one's timeline should be hastened.
ie if in a relationship, "when are you getting engaged?"
if engaged, "have you set a date yet"?
if married, "when are you having kids?"
These are plans for the partners to decide on their own timelines...or not if that's their prerogative.

2024-04-28 13:33:03

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original Ocean's Eleven, Sammy Davis Jr?
that one gets stuck in my head sometimes too

2024-04-28 13:31:56

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what do American UTXO's look like?

2024-04-24 21:55:57

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the bitcoin is always in your custody, never the coordinator. they never have/had the ability to stand between you and your sats.

2024-04-23 15:24:06

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If the transaction itself pays to a certain pool's address, that might be out of band in the context that it's not calculated in the txn fee...certainly more transparent than using a credit card to pay a pool to include a txn.
I have wondered about that...if pools currently monitor the mempool for transactions that pay to their own publicly known addresses. One could pay a small txn fee and have one of the outputs be a certain pool's address, so that pool's incentive to include it is much more than other pools'.

2024-04-07 23:23:12

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uncanny valley x 100

2024-03-30 15:50:59

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the physical limitations of gold are what allowed the legacy financial system to insidiously deviate from the gold standard to the debauchery that currently exists

2024-03-06 15:24:22

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close approximation...to be more accurate, you'd want to make those candidates several years older than the US median life expectancy

2024-03-06 15:14:15

Sparrow wallet continuing to wipe the floor with other wallets...
#note1uy4…4t2g

2024-01-11 21:37:48

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A reminder to those affected that value in your brokerage account isn't actually yours...what you hold, buy and sell is at the pleasure of daddy custodian.
When your value is in sats, it's been set free, to do with whatever you wish.

2024-01-11 21:34:44

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What a coincidence! I also sold some dollars today.

2023-12-20 02:04:56

https://image.nostr.build/9f62c9bddcd970281f874bc97e49c312e0589a0838063c98f8b56ca7f85a3c3e.jpg#m=image%2Fjpeg&dim=500x635&blurhash=_EEL%3FD%2510058E1%24%24%252%3D%7BWBI%3BIoRixaRj%3FwozDi%250enM%7CkCJ%3AxZw%5DxaNHELt6tmRjV%3FxaM%7BWBofoyI%3BRis.xuxaR-Q-of%25MIpNHt6WB%24*s.IoNGt7oLxt4oWB%25MocxaWXj%5B&x=5ec2afe3c1b6d38536ccac80a768484496c8ed7d58a0d77ee8d732102fd2742f

2023-12-06 13:05:02

https://image.nostr.build/903451e2408184274f51c6a2667742d921b92ba013e23aabbe67f4cf984e6818.jpg

2023-12-04 14:59:31

RIP Sticky Vicky
https://en.m.wikipedia.org/wiki/Sticky_Vicky

2023-12-02 14:54:09

I don't listen to a lot of top 40 radio. Hearing some today, and amazed by the lack of original songs.
Almost every song is a rehash/remix of another song from the past few decades.

2023-11-24 10:26:57

some things you can do with any sats you might happen to have in WoS...
(1) Send the sats to another lightning wallet...since WoS was the easiest (and most cucked) mobile lightning wallet available, there's gonna be a learning curve if WoS is the only lightning experience you've had. Breez and Muun are probably now the easiest mobile lightning wallets available. Muntiny can run as a webpage, a cool feature...make sure to keep that seed phrase safe though. The self-custodial lightning wallets will require either your node or a LSP's node operating in the background, and these are the most bulletproof options, with the greatlest amount of logistics required. Bitbanana (previously known as Zap), Zeus, and Blue Wallet are some mobile options here.
(2) Send the sats to yourself on-chain. WoS will send on-chain txns as long as your balance is great enough (probably 10k sats of so). An interesting note is that in order to use WoS to receive on-chain, they charge a 0.5% fee (which is very uncommon for wallets to do and demonstrates that they held the keys the whole time).
(3) Buy something with the sats...some options are Bitrefill, extending your VPN term, or swag from lightning.store.
(4) Donate the sats to your favorite cause.

2023-11-19 12:36:08

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Cheers Dan! Next meetup is 3pm on Sat, Dec 16th at the Barn at Creek's Bend in Carlisle

2023-11-12 18:43:14

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Ahh...I didn't see that one. I remembered they had canons from different well-known bitcoiners and Odell was among them, and it's not there today.
So they're saying that following what they themselves described as best practices (or a writer who they're promoting on their site anyway) will get one kicked off of their platform then now, no?

2023-11-12 17:18:10

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Bitcoiners should strive for this goal

2023-11-12 17:16:20

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They're algorithm will be x hops.
In this statement, it says deposting directly to/from, so that's zero hops.
Like playing 7 degrees of Kevin Bacon, if they were to say we're kicking out anyone who's within 7 hops of a CJ, they wouldn't have any self-custody customers.

2023-11-12 15:58:34

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Have they been living up to the ideals they've promoted over the years? No, due to the companies they get into bed with.
If someone wants to acquire sats in a KYC fashion, would I recommend Swan them? Not my first choice nowadays...could do a lot worse though.

2023-09-21 21:38:58

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I'd put the 2024 halving likelihood
somewhere between Punxsutawney Phil still being relied upon for weather advice in 2024, and the sun coming up tomorrow.

2023-09-19 14:38:36

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Doxxing Cobra was faketoshi's ploy all along...

2023-09-16 22:20:10

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Great to have you! Your contributions to the meetup dialogue were awesome.
Cheers to building local communities of bitcoiners.

2023-09-11 16:13:56

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Nice troll guys

2023-09-08 19:55:30

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We keep learning about the iceberg beneath the surface that is/was Swan custodian train wrecks.

2023-09-07 16:55:28

#cafebitcoin Sept 6th 2023
"Saving for the long term is really hard in the fiat world. You have to gamble, because you don't know what share of the future you have."
Tomer Strolight

2023-09-06 20:52:11

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Except in 2017, it wasn't just sock puppets trying to push the shitcoiner narrative.
Well, maybe it was mostly sock puppets.
Thanks Roger! Go play with Bcash.

2023-09-06 20:48:57

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Also, if you're buying a safe from a store, employees with potential backdoor access shouldn't know that one of their safes are in your house, right?
That's one item you probably don't wanna fill out the owner's registration card for...

2023-08-28 16:57:49

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Check out open source fitness...dude was talking about it on Blue Collar Bitcoin pod in past few weeks.
Walking 10k steps/day and having an 8 hour eating window are free and promote great health and discipline.

2023-08-28 11:49:18

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Great idea...question about standards/technicals when signing a message proving knowledge of a pubkey associated with a bitcoin address possessing UTXOs of a certain value...
For single sig, it's easy. One privkey-->one pubkey-->one address. Verify the UTXOs on the ledger, here's a signed message corresponding to its pubkey, done.
For multisig, it's more complex. I can give you an address and you can verify the UTXOs, that's easy. But I'd need to give you all of the pubkeys that combine to make the address, so you can calculate it yourself, and then sign however many messages with those individual it would take to reach the spending threshold.
It'd take more effort to create, and more effort to verify. I wonder if there are already standards that exist for this, or if there are any in the works.

2023-08-23 16:04:46

Lunch thought...what an inefficiency that breakfast/lunch wait staff has to deal with..."white" and "wheat" are basically the same word when spoken.

2023-08-21 16:51:02

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Let's see...that's all the new supply, plus 1,584 more coins, gobbled up per day. If carried on through the current halving epoch, that'd be all new supply + 428k coins. If the same demand remains through next halving epoch, that'd be current supply + about 3m coins over those 4 years.
So call it 3.5m coins over next 4.5 years.
Haven't looked at liquid vs illiquid supply in a while...I think liquid supply is only 1-2 million coins.
The only way that this can carry on is for long-term hodlers to become more enticed by what they can trade their sats than they're enticed by hodling them.
Hodlers are very enticed by holding sats 😎

2023-08-16 21:07:19

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TIL that inflation is a right-wing talking point.

2023-08-09 14:13:43

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Sustainable 2-5% daily yield...makes sense.
You could start with $1 and own all the world's assets in under two years at 5% daily return.

2023-07-31 16:16:33

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I forget where, but I heard recently that end to end encrypted chats are in the works for some nostr projects.

2023-07-19 15:34:25

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Some bathing suits I've owned have a little mesh pocket on the inside of the waistband. I am comfortable putting a folded $20 bill in there, in case I want a sno-cone or something. If the ocean decides it's gonna take that $20, so be it...I accept the risk for the functionality it offers.
Not gonna put my life savings in that little pocket, though.

2023-07-19 15:10:13

I regrettably am going to discontinue using #orangepillapp. I dig the idea and was able to connect with some bitcoiners, however their marketing has become really sleazy. The bar keeps getting lower. Hopefully they'll change their approach and can earn my recommendation and subscription again.

2023-07-14 11:24:01

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Send fiat via ach...you're giving your privkey to counterparty & trusting that their fear of violent retribution by the state will keep them from sweeping all your funds to themselves.
Send sats...you're giving your counterparty the agreed upon amount and only the agreed upon amount, and trusting the network, and the impossibility of reversing a SHA-256 hash.
I know which one I trust...

2023-06-02 16:34:46

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Good source of signal, and Twitter made my account read-only when I wouldn't give them my cell phone number.

2023-05-17 22:04:00

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NVK has said something to the effect of when considering your setup, figure that BTCUSD is 10x what it is now...it'll probably be there sooner than you think, and when it's there, fees might be high and you'll be more anxious about moving your hodl around.

2023-05-17 21:02:25

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I think up to 5% is reasonable...but then again, if someone had $2k of BTC and wanted to buy a coldcard, I would support that decision. New security devices that increase your knowledge & experience are valuable in that respect though too.
Also keep in mind that if you're comparing it to other investments, 5% might sound like a high expense, but there are zero ongoing expenses for hodling.

2023-05-16 16:37:38

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Ledger moves further and further down my list of favorite/recommended HW device every year...
They used to be what I'd give friends/family when setting them up with their own sats, but I can't in good conscience give them a Ledger anymore. Primary reason is I know they'll be inundated with shitcoin nonsense whenever they use the native app. Now I can add this to the list.

2023-05-04 15:06:09

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How does one monetize stolen CC info these days? Not by ordering online and having it shipped to your house...

2023-04-19 16:12:13

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Realistically, you'd need probably 60-70% of hash rate to pull off a sustained 51% attack.
144 blocks/day...having 51% means you would on average mine 3 more blocks/day vs the other chain. Luck comes into play here too...the minority HR chain might have slightly less than 50% of HR, but over the next hour maybe they find 5 blocks and the majority HR chain finds 1.