One thing I've noticed AI is way better doing than people is...listening. When I write out a few thoughts or questions, the AI agent acknowledges each item. How many people actually do that. I'm not a Carl Rogers fan of "active listening" fame...listen, nod and say "uh huh," repeat it back, and say, "Did I get that right?" Supposedly builds trust by "showing" listening and empathy, encourages the speaker to continue, because, "Wow, he actually heard what I said!" Sneaky AI tricks.

We often hear the #bitcoin "store of value" narrative, but to what degree are BTC and stocks actually correlated?

Newhedge

Bitcoin vs US Equities Correlation Chart | Newhedge

Bitcoin vs US Equities Correlation is the 30-day rolling correlation between bitcoin price and the s&p 500 index

charts the Pearson (I assume) correlation. Pink is S&P 500, "orange" is BTC, but blue is the correlation. I superimposed a yellow line at zero (wish the chart emphasized the blue line rather than the others because that's the point of the correlation graph). - If positively correlated, blue is above the yellow line...stocks go up, BTC goes up. Stocks go down, BTC goes down. - If negatively correlated, blue is below the yellow line...stocks go up, BTC goes down. Stocks go down, BTC goes up. - If truly NOT correlated, the blue should be near the yellow line at zero...stocks go up, BTC does SOMETHING else. Stocks go down, BTC does SOMETHING else. The negative correlation is the most ideal for the BTC "store of value" narrative that goes like this: "Bitcoin is a safe haven from stock (or fiat) volatility and devaluation. I'll store my value in bitcoin." Looking at the first chart though, we've clearly been in the positive correlation range more than the negative. And, currently we're at a correlation of 0.7 (strong positive). So, work to be done, keep plugging away doing what we do.

Walk today...

Outside

Every time I check Coracle, those colors make me think it's October or November and I'm ready for Thanksgiving.

Whenever I'm told about a great upgrade that I didn't ask for, I get the feeling that I'm being screwed over. Microsfoft is retiring Skype (iconic name) and moving to Teams (terrible name). Skype really helped me once when my wife's phone went kaput. We could still "call" over Skype via laptop and get everything worked out that was going on. The last thing I want is yet another Windows bloatware on multiple devices and always trying to sync stuff everywhere when I never asked it to sync. Argh.

With all the Nostr vibe coding, time to revisit the Nostr wishlist: http://nostrwiki.crrdlx.infinityfreeapp.com/doku.php?id=wiki:nostr-wishlist #nostr #grownostr

Mooning now.

Sneak peak: Pretty happy with how the Satoshi #Bitcoin Converter app (SBC) is turning out in version 8. I'm still tweaking, but the beta is at

Satoshi Bitcoin Converter v8

Convert between Bitcoin, altcoins, satoshis, and fiat currencies like USD, GBP, and more.

This was my first bitcoin thingee that I made (2013) so it has sentimental value. There are others like this today, there weren't in 2013. That's why I made it. As well as starting something of a hobby for me, I still use the thing. - Back end - totally re-architectured so that it's much cleaner under the hood - Front end - stick with BTC or pick your coin or altcoin, pick your fiat; enter a number in any form field...voila!  Take a look, would love to hear any thoughts, even constructive criticism:

Satoshi Bitcoin Converter v8

Convert between Bitcoin, altcoins, satoshis, and fiat currencies like USD, GBP, and more.

BRICS nations realizing they actually don't need a BRICS token. If this kind of thing grows (and why wouldn't it?), here's much reasoning for the US to get going on that strategic #bitcoin reserve. https://atlas21.com/bitcoin-at-the-center-of-trade-between-china-and-russia-vaneck/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-at-the-center-of-trade-between-china-and-russia-vaneck

A little sneak peak at version 8 (beta) of the Satoshi Bitcoin Converter app. https://satoshibitcoinconverter.com #bitcoin

Fun to watch my web of trust score build on https://grapevine my. The circular graph builds anticipation. Not sure how to interpret the results though.

A #nostr Web of Trust (WoT) score/number alongside every avatar sure would be nice. Coracle is the only client I see with something close. Would love to see (a) more and (b) a more standardized formula (I'm a 26 on Coracle and a 4 on nspace.me, lol). http://nostrwiki.crrdlx.infinityfreeapp.com/doku.php?id=wiki:web-of-trust

Good stablecoin overview. But, a gold- backed stablecoin still seems like jumping hoops to avoid just owning #bitcoin. https://cointelegraph.com/news/the-gold-standard-is-back?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

I can't decide if this is a joke or not. Either way, it probably ain't helping #grownostr. Maybe better, just write: Go to njump.me/start

Although it doesn't matter at this point who #Satoshi is (other than his safety), I find this kind of thing mega-interesting. It's only the biggest mystery in the last few hundred years in my view.

Cryptopolitan

Crypto lawyer sues US DHS to uncover Satoshi Nakamoto’s true identity - Cryptopolitan

Crypto attorney James Murphy just filed a lawsuit against the DHS, demanding the release of information that could expose the true identity of Sato...

A Nostr point of groupthink seems to be: "Value-for-value works." I'm not sure I agree. I think this notion emanates from a bit of hopium for Nostr and its future, as well as from the fact that, indeed, zapping can be done. That is, sats can in fact be quickly zapped to others on Nostr or apps like fountain.fm or zap.cooking. I zap, therefore I am. All of this pleb-to-pleb zapping and v4v apps is awesome. However, I'd bet that 99.99% of what drives creators on Nostr is internal, intrinsic motivation, not zaps. Creators create because there is something burning inside of them clawing to get out. If someone sends a couple of pennies worth of sats, that's just icing on the cake. Those two cents make a ton of difference and keep that internal motivation burning, but it burns regardless. Truth be told though, there are often real costs involved in creating things for Nostr. First, there is time, which holds much value in its own right. There also is the opportunity cost involved. Spending time creating for Nostr means losing out on time that could be spent doing something else, something that might generate much more financial value. Then, there can be very real financial costs such as equipment or hosting or VPS instances and the like. A handful of sats, well, financially don't add up to much of anything in this department. The irony of v4v and Nostr is the mantra, "Stay humble, stack sats." I hate to say it, but the mantra is not, "Stay humble, zap sats." In my view, this dissonance between the urge or pressure to zap others versus the desire to stack sats is the Achilles of v4v. When the United States operated under the Articles of Confederation, the national Congress did not have the power to tax. Instead, the federal government relied on "donations" from the states. If they took in 25% of what they expected for the year, it was a good year. Relying on donations is a tough way to run an operation. Maybe I'm wrong, but I think Nostr apps and "businesses" need to rack their brains to come up with a business model that moves away from v4v donations. When the internal fire of creating begins to wane, creators will say, "It was fun, but now, I'm out."

Pertinent today: "The Hodl Song"

PeakD

The Hodl Song | PeakD

A traditional sea shanty, crypto style.... by crrdlx