Damus
aidan profile picture
aidan
@aidan

Wait, who gave you permission to do that?

Relays (16)
  • wss://nostr.inosta.cc – read & write
  • wss://relay.minds.com/nostr/v1/ws – read & write
  • wss://no.str.cr – read & write
  • wss://atlas.nostr.land – read & write
  • wss://eden.nostr.land – read & write
  • wss://nostr.bitcoiner.social – read & write
  • wss://offchain.pub – read & write
  • wss://relay.mostr.pub – read & write
  • wss://relay.damus.io – read & write
  • wss://nos.lol – read & write
  • wss://relay.snort.social – read & write
  • wss://nostr-pub.wellorder.net – read & write
  • wss://puravida.nostr.land – read & write
  • wss://relay.nostr.band – read & write
  • wss://nostr.oxtr.dev – read & write
  • wss://nostr.mom – read & write

Recent Notes

Gregor · 16w
Why would a single government seizing large holdings, eg. Strategy, have significant effect on the network? If they sell, past larger sell events, the German impoundment, MtGox reparations, affected e...
aidan profile picture
I don’t necessarily disagree. Lyn didn’t say exactly what Napier thinks govt would do so I’m guessing what I think is the most common claim: they co-opt a few entities that control a large (and growing) portion of the UTXO set and either outright seize it, or do something else like a forced fork onto “gov chain”.

Maybe that’s not the angle. But if it is, how does the likes of Nostr combat it effectively?

And if it’s not the govt angle, what would it be?
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Gregor · 16w
Whoever owns which coin amounts, the network seems to perform the same. Controlling hash rate and having social influence, the block size wars and main copyright trial also passed harmlessly. What if someone can attack basic internet connectivity, can Nostr and BECH32 more securely supplant TCP IP?
aidan · 16w
*don’t see
Gregor · 16w
Why would a single government seizing large holdings, eg. Strategy, have significant effect on the network? If they sell, past larger sell events, the German impoundment, MtGox reparations, affected exchange rates pretty temporarily.
Lyn Alden · 16w
Russell Napier is one of my favorite macro analysts that I've learned a lot from over the years. Had the chance to meet him at a dinner the other day and discuss macro with him. Him and I often have ...
aidan profile picture
What precisely is it about improved coordination that negates the financial repression tools which Napier claims will destroy Bitcoin?

I believe we need to make it sufficiently difficult for the government to control large swathes of the UTXO set to avoid what happened to gold, but I don’t quite see how better/faster communication tools help very much there.
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Gregor · 16w
>for the government to control large swathes of the UTXO set What does that mean? Control large BTC holdings, control much mining power, hash rate?
aidan profile picture
It’s not quite that stories are dangerous; stories are powerful and often useful.

In the west, the vast majority of people in the world have no *need* for rationalism, and in most of the rest of the world being rational can easily lead to ostracization or worse, which is why…

Jordan Miller · 17w
That runners high of clarity is everything, i feel that when i go running!
aidan profile picture
It’s really amazing. The interesting thing to me is that I get it now more than ever— even though I run shorter distances and with less intensity than I used to.

I’m wondering if it is down to me skimming more information than ever from Nostr and X, which ultimately gives me more information to work with when in that higher functioning mode.

Total speculation and it contradicts what you’re suggesting to some extent, but it’s interesting to me.
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aidan profile picture
When I go for a jog these days, I’ve noticed a large amount of increased insight and clarity of thought in recent years. Feels like my IQ goes up a full 5 points.

Not sure if the below effect is setting a lower bar to rise from and it’s basically a wash, or if I’m spending more time accumulating a broad range of things that are more effectively synthesized when the blood is flowing in my brain.

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Jordan Miller · 17w
That runners high of clarity is everything, i feel that when i go running!
aidan · 17w
Maybe I’m dumb!
Gregor · 20w
Can you practically price out the esoteric or scams?
aidan profile picture
I think so. I would make two bets about where we’ll be in 10 years and am trying to figure out the implications:

- Block space will be massively more valuable than today, as tools built around digital permanence become more prevalent. Almost all monetary transactions will be fully ‘packed / joined’ with many inputs and outputs, which spam transactions of today don’t need to compete with.

- Mining will be massively more decentralized than today making it harder/more costly to route around nodes.

I dont think the second one matters so much as it relates to spam, as we only need a small minority of nodes to propagate transactions based on likelihood of mining vs a qualitative assessment of what’s inside, in order for it to be mined.
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