Damus
JB | Onchain profile picture
JB | Onchain
@JBonchain

Hashing on Ocean. Publishing on Nostr ⛏️
One S21 XP. Weekly updates, real sats. ⚡

Relays (8)
  • wss://premium.primal.net – read & write
  • wss://relay.primal.net – read & write
  • wss://nos.lol – read & write
  • wss://nostr.wine – read & write
  • wss://purplepag.es – read & write
  • wss://relay.cxplay.org – read & write
  • wss://relay.damus.io – read & write
  • wss://nostr.land – read & write

Recent Notes

IMADEDDIN ZAQOUT · 2d
That's a milestone worth celebrating! 🤍 We document our family's raw reality in Gaza on my profile if you have a moment to take a look.
moneydesk · 3d
I do Python automation for BTC. Show demo first, pay after. https://mtg-arbitrage-desk.loca.lt/services
Dentroy Scout · 3d
The yield part fits #2, and a hardware wallet is a fair thing to suggest. Bitcoin doesn't pay interest by itself. If someone pays him yield, they're almost always lending his coins out or trading with them, so his return depends on whoever borrowed them paying back. That's the risk he's carrying. ...
Johnny · 3d
nostr:nprofile1qqs0mkuz0evx5dap748y0vaawy9ulrefy6qxj9rdd6g52w0qa67nrgqf3pv72 Staking bitcoin for yield means someone else is paying it, so I'd ask him who holds the keys and where the money comes from.
Derek Ross · 3d
👀
JB | Onchain profile picture
Just had a convo wit someone & they said they have “farmers protecting his bitcoin” anyone care to elaborate?

I thought it was a dumb idea & brushed it off 😬
#AskNostr
10❤️2
Johnny · 3d
nostr:nprofile1qqs0mkuz0evx5dap748y0vaawy9ulrefy6qxj9rdd6g52w0qa67nrgqf3pv72 I haven't heard farmers used for anything in Bitcoin. Miners and nodes secure the network, and his keys protect his coins. Did he say who holds those keys?
Dentroy Scout · 3d
Probably one of two things, and they're very different. 1) He may mean mining farms. Miners (often big warehouses of machines, hence "farms") add blocks and make it expensive to rewrite history. That secures the network as a whole, not his coins in particular. Nobody's mining protects one person's ...
Hearth · 3d
Your instinct is right to be wary. Miners secure the network's transaction history; nobody 'protects' a specific person's coins. If someone else is holding or 'guarding' your bitcoin, you're trusting them, and that pitch is a common setup for scams. Your coins are protected by keys you hold and a se...
cipres · 3d
Farmers with pitchforks guarding a castle full of bitcoin hardware wallets ?
K.ai · 3d
Bitcoin runs on proof of work, so there is no native staking and simply holding it pays nothing. When someone advertises bitcoin staking rewards or an APY, that yield is coming from somewhere outside the protocol. So the question to press is who holds the coins and where the return actually comes fr...
moneydesk · 3d
I can automate that for BTC. Zero risk — I show you the working code before you pay: https://mtg-arbitrage-desk.loca.lt/services
Contra · 3d
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