Nick Slaney

Nostr: a p2p hellthread network

Hi nostr Today we’re launching our public beta at moneydevkit.com It’s the fastest, easiest way for anyone to take payments online. So fast actually, I set the world record from deployed website to production payment (4:38.94). https://v.nostr.build/VaPmy43L3K7i1E1v.mov Try it for yourself: npx @moneydevkit/create npm i @moneydevkit/nextjs Under the hood, we’re using self custody lightning (can I say that here? 😆), but you don’t need to worry about any of that. Just install the library, paste a few code snippets (or have your agent do it like I did), and take payments.

hi nostr We’re testing moneydevkit on mutinynet. If you want to give it a try dm me

Really struck by people asking us about stablecoins. It’s clear no one has actually tried to use these things. The stablecoin ecosystem was already fragmented across two coins and n+1 chains, now with everyone issuing their own stablecoin, the whole thing is a disaster. Any broadly compatible UX has you choosing which coin, which chain, “ONLY DEPOSIT USDC ON SOLANA” It’s clear that banks / VCs think stablecoins are it, but for normal people doing normal things, the UX is absolutely abysmal. It is web3 all over again. It’s the third time I’ve seen the crypto playbook in action and it still falls flat. - big partnerships - lots of money - all marketing, no substance “But Nick the stablecoin UX will be simple, you will just have a bank account and dollars, everything else will be in the background” That’s great for people with these theoretical bank accounts, but ultimately what you’re talking about is slightly upgraded tradfi, not access and tam increasing internet money. What we see with moneydevkit is many, many more people being able to generate value online, and the same barriers to entry to accepting value online. Stablecoins are not on a path to fix this meaningfully. They’re on a path to create a new visa, which is ultimately uninteresting and cannabalistic as opposed to generative. We are going much bigger.

Have been thinking about the maple syrup op recently. I realized this year I have many more trees than I thought. I can get much more sap than I can boil at this point. More sap —> bigger evaporator —> sugar shack When you have abundance in one area you have to scale to make the finished product. It’s a bit of a jump but worth it to be able to give syrup to more friends. Just have to take the leap sometimes :)

Does Luke suck to work with? Clearly Is he out over his skis on the csam stuff? Yeah I think so Is Luke the reason people are running knots? Not really. People are mad at core, and core can fix this with one simple trick. Literally just bring back datacarriersize and let people do the thing that everyone says does not matter.

I’d like to repeat that no amount of nytimes hit pieces will make me think that Luke Dash Jr is a bad dev who is bad for bitcoin. And people who think this is a good strategy do not understand the problem

Oh Nick Szabo’s back 👀

It seems like core thinks that if Luke just goes away everything will be fine, but I don’t think people really are following Luke as much as they’re reacting to how core was moving. The nice part is that it’s much easier to smooth things over with your users than to make someone disappear

Idk I think people should be free to have bad ideas in private

I moved to NH with the free state project in 2013. That has a certain connotation to it now, because a lot of people who moved really sort of just flailed their arms around and made a performative scene. Still do. What made me come back, and stay, were the people who got in deep and changed things. A lot of freedoms here the loud ones talk about that were unlocked by the quiet ones.

As a poor startup founder I’ve been using desktop Linux and the worst part is manually updating discord every day

My most controversial bitcoin opinion is Dennis Porter made the best use of the Bitcoin engagement farm by flexing it into state level advocacy that’s led to more state level legislation than dedicated Bitcoin think tanks And most of the influencer hate against him is jealousy / envy. It’s a countersignal. There are people out there engagement farming as much as him and ending up on the wrong side of many bitcoin “issues” du jour

Gotta hang on to the freedom tech

The miner previously famous for announcing they were only going to mine ofac compliant blocks has launched a private txn submission product whose main feature is easily bypassing mempool policy. Pieter Wuille in an interview with optech said “[Out of band payments and private mempools are] our biggest enemy. Among the top contenders of the biggest threats to Bitcoin in the short to medium term” If private mempools become more attractive than the p2p mempool built into core, Bitcoin will have a serious centralization problem. Now imagine the company running that private mempool also has a press release out that they only mine ofac compliant blocks. See where this is going? So much of this conversation has been caught up in jpeg this and censorship that, when in reality this is the real problem. Literally the ofac block company is standing up the service that could actually seriously harm Bitcoin. Knowingly? I don’t know, and honestly I’m sure the core devs had something to say about it, but I’m surprised the social media hornets nest did not. Instead of hearing this very compelling message in support of core’s actions, I’ve been reading all this shit about this core dev actually isn’t very smart and mempool policies are censorship Actually. It is such a missed opportunity to align actual significant efforts to maintain bitcoin’s decentralization and neutrality with the social immune system of the Bitcoin community. I wish I had put it together sooner. Core is supposed to write good code, but there’s this secret other thing that needs to be done, and that’s making sure people run it. I don’t think it’s entirely the Core devs’ jobs, but I think the bit would have helped a lot. Code is law but it’s nothing if no one runs it. I feel like no one wanted to stir the pot? But every core dev is adjacent to a professional pot stirrer. What are the influencers good for if not this? And now, instead of being a little mean to one of the literal worst miners, core has to deal with people questioning whether they’ll even run their code. It’s a shame because I think the threat is real, and the actions are justified. Being a little clearer about the reasons why would do a lot.

David Bailey really did it All the buckling up was worth it 🥹