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Dug
Dug@primal.net
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Being the man my dog thought I was (also GFY) he liked knots
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DugandRupe 4 months ago
Hey Silver, how are you getting on? Feeling at all squeezed? Wondering if there will be a point when physical coins become actually priceless? Held silver for ages and this is wild. Gold also currently at all time highest; 2026, may I gently introduce to you something you may want to learn about, The Weimar Republic. 😘👌 image
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DugandRupe 4 months ago
“The company doesn’t determine the price their stock trades at” Michael Saylor. A touch fiat minded for my liking, would have like to hear an exploration of the risks of the zombie companies getting over their skis (see #naka), investors getting rinsed, them puking their coins on the market, Bitcoin suffering. Long term, I don’t give a shit, but taking on debt, while better for companies, is not what the individual should do (Michael loves the metaphors, so where was the unemployed guy taking on credit card deal to buy bitcoin analogy?). The companies would ideally be taking responsibility for this actions and realise unintended consequences. Buying a treasury company is a play, an investment, it is absolutely, positively, not saving. Act accordingly and view treasury companies in an appropriate light. To go back to MS’s quote, the valuation of these firms is not based on what they do, at best it is dependent on Bitcoin’s price. View as a leveraged punt, ethically they are making a good decision for their company and their shareholders (even if the market is acting irrationally), but along the way it could get wild. Good work @Danny Knowles after returning to an early MS podcast, seeing everything in a slightly different light.
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DugandRupe 4 months ago
Ga nostriches, completely slipped my mind through the day, while Jan 8th was when Bitcoin became a proof of work network, Jan 10th was “running Bitcoin” when a second computer was added to the network, it is in fact today that is my favourite anniversary (well not favourite, but significant, they are all awesome and help me think of the excitement that was going through then cypherpunks as they saw their proof of work show results ) Today, block 170, was when Bitcoin was shown to be peer to peer electronic cash, with Satoshi sending Hal the first ever Bitcoin transactions. Happy peer to peer electronic cash day!!!! image
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DugandRupe 4 months ago
Interest shout, with us interesting the “final 90 days” before the next major crash.
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DugandRupe 4 months ago
@allen and @gladstein , always adding to the bibliography and realised I hadn’t included “why Bitcoin is freedom money”, and as I add it, it finds some very suitable company. Along with the orange pilling genius @A u s t i n | Open Source Fitness ! Also, disregard other references, they are in no way spoiling a surprise later in the book! 🫡🙌 image
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DugandRupe 4 months ago
Gm nostriches, beginning to enjoy my weekly routine of having someone to share my thoughts with. No matter what shit goes down in the week, there is a point not too far off that I can reflect on it with someone who doesn’t judge and provide a helpful counterpoint. Also, new kitchen friend has been hanging around for a couple days, so may start seeing if they have anything they’d like to share with me!!! Today’s task, final read through a paper (my favourite research topic yet) before submitting to the American conference, this year being held in Phili, so @MartyBent, I’ll be looking you up!!!
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DugandRupe 4 months ago
Very very late to the ”John Wick” party, but half an hour into the first, I’m already beginning to build a connection with the title character. Should I worry I can relate well to a contact killer? image
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DugandRupe 4 months ago
Never mind UTXO consolidation due to low fees (dude, if you haven’t does this already, what have you been doing these past few months), come on freaks, now’s the time to obfuscate the connection between when you withdrew from an exchange and where the UTXO reside. It isn’t cheap, but can you put a price on the state not being able to connect your KYC information with the sats on your hardware wallet? Yeah, maybe join market isn’t ideal at the moment, but self custodial, and while that samurai case is going on, the best is definitely the enemy of the good. image
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DugandRupe 4 months ago
Nostr zaps is pretty fun, need to up my zapping game. If I’m not the one finding the circular economy, who will take the torch forward. #nostrzaps my sent zaps should be a bit higher, but no need to whine about presenting myself as the one great zapper on nostr!!! image
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DugandRupe 4 months ago
Gm nostriches, watching “I like me” the story of John Candy last night, pretty interesting, dare I say “heart warming” in places, excuse me while I 🤮. But what was the lesson I’m taking from it, from half way through? “I said, you’ve got a good steady job, you’ll likely get a promotion in a few years and you get a company car in the deal. I don’t think that comedy route is the right option” From the people who had his best interests at heart, they were parroting exactly what they had been taught from the Prussian origin education system (cheers @Max ). Do the classes, get the qualification, become a mindless cog the machine (able to pay the taxes); some people can’t see anything else. As my eyes begin to open, I see those risks, I see struggling to make rent, being turned down for a loan, yeah, maybe uncomfortable and yeah it could all go to shit, but think about the alternative; Waking up every Monday morning, dreading the monotony of the 200th Monday that was the same as every other, with the next 200 stretching out ahead of you, no variation, no interest, no risk, no joy. To quote Orwell, “a man really dies when his brain stops working”, if you do the same job everyday without thinking, are you really alive? Reject the easy path, embraced the hard path (🫡🙌 @FRANCIS - BULLBITCOIN.COM ), maybe look after your weight and moderate your booze, but JC had more issues he was dealing with that most (getting to that part of the movie), but just go be a bit more pirate @M A D E X !! I’m not saying I’m doing everything I could, but I’m working hard, doing things my easy path doesn’t need to know about to make my life intellectually more interesting, just need to fashion a little more space in the routine to just get a little more fun and risk into the mix. Fucking around with some AI last night and with some rather random prompts got this spat out and feeling it sort of hits a spot. image