Damus
Guga Figueiredo profile picture
Guga Figueiredo
@gugabfigueiredo

Super user philosophy

Relays (8)
  • ws://umbrel.local:4848 – read & write
  • wss://atl.purplerelay.com – read & write
  • wss://bostr.nokotaro.work – read & write
  • wss://eu.purplerelay.com – read & write
  • wss://nostr.data.haus – read & write
  • wss://purplepag.es – read & write
  • wss://relay.primal.net – read & write
  • wss://relayable.org – read & write

Recent Notes

Guga Figueiredo profile picture
Trusting any select elite to maintain Bitcoin true to its mission (however you define that) is like trusting the government to maintain sound monetary policy.

Don't trust, verify
Slay your heroes
Stay humble, stack SATs
Not your keys, not your Bitcoin

Simple wisdom trumps virtue signaling

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franzap · 3w
show me a community where bitcoin/nostr entrepreneurs hang
Bitcoin Well · 4w
We have been fed a lie about "survival of the fittest." Peter Kropotkin showed us the truth 100 years ago: The species that survive aren't the ones that compete the most ruthlessly. They are the ones...
Guga Figueiredo profile picture
"Survival of the fittest" is a misinterpretation of evolutionary theory. The ones that survive are the fittest. If you die you die. Being the fittest today is not a guarantee of survival in the future. Past performance is not a guarantee of future results.

While cooperation is a long term trend, competition is the environmental pressure driver. Cooperate to what end? There is no assured final destination.

Bitcoin is not the first tool to allow that. It is just the best we've had in history.

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Sovereign Engineering · 4w
The whole point is for it to NOT be remote, and that's where it really is. You've got to experience it.
Club Orange · 6w
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Matthew Kratter · 7w
Is Bitcoin Core A Meritocracy? https://blossom.primal.net/62a5285cec7c248ec0624169ea615c8c00ea1b5557f11e4cdc9cad59127b7396.mp4
Guga Figueiredo profile picture
Core v Knots is like any other political debate.

If any bitcoin implementation is to hold the status of reference implementation, I'll hold their maintainers and defenders to the same standards I hold politicians, bankers and CEOs, in that I dont trust them or what they say at face value.

Core crowd is behaving like the situation party, Knots like the oposition. People claiming their side is the source of truth are sheep.

The world is better with many implementations of bitcoin. Just like the world is better without a single central control goverment.

The world is better because both Core and Knots exist, but no one should trust whatever their supporters say at face value.

I am very skeptic of Core folks right now. I think they are failing miserably at making people feel at ease. While I understand that is not their core skill, because they hold a very privileged position as maintainers of the reference implementation, I do expect that thry try harder.
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Club Orange · 8w
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Liberty Farmer · 9w
People seem to forget there have been wars since way before fiat. Bitcoin doesntcm change this. Nevermind the fact that they can easily step up their propaganda to make it seem like it is justified ...
Guga Figueiredo profile picture
War and violence have been in a historical downtrend even before fiat and bitcoin as well. Humanity has been moving towards more peaceful conflict resolution systems for millennia. current armed conflicts, lasting decades are a consequence of fiat systems "protecting the economy" from any crisis at any cost, than war is just signed off as a crisis, instead of bad political work.
Liberty Farmer · 9w
Only the past 60 years or so. And in death counts, mainly. This is largely due to a few factors, but most importantly, we don't just line up accross from each other, run and kill one another. Technology, planes, bombs/missles, drones, satellites, radio and tv feeds, and even the Geneva Convention h...
ODELL · 9w
there will still be wars under a bitcoin standard some will even be fought specifically for bitcoin related reasons bitcoin doesnt fix this
Guga Figueiredo profile picture
I disagree.

But I will say that it depends on what you mean by fix it. I think the use of violence will be attempted under a bitcoin standard. I also believe it will be proven VERY penalizing for the perpetrator.

Under a bitcoin standard the financial cost for wars is not as easily obfuscated.

Fiat protects the economy in times of crisis, war being a crisis, allowing for wars to last far beyond any ideological justification has degrated beyond public support, since objectives are not ever reached to completion.

Making it expensive is the fix. Its not about suddenly everyone forgets that violence is a thing.. it just makes sure that the incentives for violence are very small compared to peaceful conflict resolution, in the short and long terms.
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idsera · 18w
Yes, try nostr:npub1cm3rpgj7457yjuqnvdalxaauakqu0ndkpkyp5cldkyutpz4xszpsmk96wt, I even translated the wallet to Portuguese Brazilian. It's a Spark wallet but with lightning compatibility. If you test, let me know what you think.
Super Testnet · 18w
Zeus wallet uses my zaplocker protocol to get close to this in a lightning compatible way Matt Corallo also has a spec for this that is better than zaplocker, but it is not adopted yet See also my hedgehog protocol -- that's not lightning though
calle · 53w
"Everyone goes through their shitcoin phase; it will end up BTC-only" is the most idiotic take of all. Just because your parents produced a mentally challenged child doesn’t justify nation-state-lev...
Guga Figueiredo profile picture
I agree in sentiment.

but I don't think this could have gone down any differently. there was no way the us government would do Bitcoin only reserves. it's the best strategy in the long run for the country and people. but not for politicians. realistically, it was never going to happen.

for the hopeful, game theory will create the incentives for other nations to create their own portfolio.

then, I think Pierre said it best

https://x.com/BitcoinPierre/status/1896257173828829329

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