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Nick Slaney
nick@nickslaney.net
npub18psf...v73m
MOE maxi
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nick 1 year ago
I need to zap again. How are people zapping in 2024 post apple zap take down?
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nick 1 year ago
@calle cultivating his anti Calle bluesky persona image
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nick 1 year ago
How does a protocol play differ from a platform play? Platform Play - we own the ecosystem - you connect through our own APIs - you play in our sandbox - we decide who gets to play (fragile) - if we go down, you go down Protocol Play - we play a part in a larger ecosystem - you use open source code for your use case - you can use our services, or anyone else’s (but ours are the best) - we decide who uses our services (no one decides who uses the protocol) - the ecosystem’s growth is not limited by us Protocol plays are the future, they’re not controlled or limited by any one entity, they are bigger than the sum of their parts Platforms are monopolies, will likely be treated as such in the future. Platforms don’t have the growth / access potential that protocols do. Since platforms are monopolies, they become captured and corrupted over time
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nick 1 year ago
Not spending your bitcoin when it 20Xs in purchasing power is a very rare thing
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nick 1 year ago
Bitcoin has always been about self-custody
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nick 1 year ago
We need to reclaim sankey diagrams for good
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nick 1 year ago
Doug bf pepper ann gf
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nick 1 year ago
This was an idea I threw on here a while ago, I think it has legs, but like most things nostr needs to be open source. I fleshed out the idea more and am putting it out here before I try to ChatGPT it into reality Video is the way most consume content now a days and it’s about time YouTube and TikTok got disrupted. A protocol like this would- - pay creators directly - distribute and potentially pay for hosting - potentially be very easy to onboard onto as a creator or consumer of content We have a good set of primitives to build this, and I think the incentives line up to make it work. I think something like this turns nostr into a 🚀
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nick 2 years ago
This has been said before but not enough. Do you think we will have digital money someday? True internet currency? If you do (are we going to print bills and make coins forever? Maybe actually), there are two ways to do it. 1) the fed makes a money database (CBDC) 2) decentralized open protocol (Bitcoin) 1 is the naive way to go. The fed makes money now, and has some sort of ledger for the banks it deals with. Just extend that to everyone. The reason why it is naive is the unprecedented power that puts in the hands of the gov’t. Every txn and account balance visible, full discretion over access. The founding fathers couldn’t ever conceive of a way to have that much control. An unelected official could take away the ability for someone to buy food in an instant with no due process. Less obvious, imagine a market regulator having insight into the exact balances, P/Ls of all of the industry players they regulate. You think insider trading / lobbying in congress is bad now? 1 is true and total control. I don’t think most (including in the US gov) really want this? I also don’t think most people understand the implications of 1, especially if it’s packaged as “safe, trusted, just like dollars, fair” 2 is the opposite. Maximum access, no central control, but bad guys will use it. I really liked Natalie Smolenski’s talk at the bitcoin policy summit recently Is there an in between? This is much like the encryption debate— you can’t have backdoored encryption to make sure bad guys don’t use it. The backdoors will be used against the good guys / everyone. Half encryption is no encryption. In a digital currency system, the same principle applies. Bitcoin and lightning built on top of it use cryptography at their core. To try to police or patrol either at the protocol level is to break the things that make them neutral and valuable in the first place. Might as well use the database. This is the fundamental issue we face today. I worry most people won’t realize the importance until it’s too late.
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nick 2 years ago
We need a 4A lobby that’s as strong as the 2A lobby
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nick 2 years ago
I’ve seen many Bitcoin influencers come and go at this point. Generally skeptical of people who just talk about bitcoin (there is only so much to say). End up unfollowing most. Wrong motivations, wrong incentives, weird outcomes.
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nick 2 years ago
The real way to get the normies to nostr is a wordle derivative
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nick 2 years ago
Technical debt jubilee
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nick 2 years ago
Professional Twitter posters are an attack on bitcoin
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nick 2 years ago
Oh yeah and in the future every time bitcoin goes up the news story will be a picture of Larry Fink smiling image
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nick 2 years ago
Bitcoin scaling doomers / busy bodies image
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nick 2 years ago
My child: AHHH Me in my head every time: *I remember you was conflicted, misusing your influence. Sometimes I did the same. Abusing my power, full of resentment. Resentment that turned into a deep depression. Found myself screaming in the hotel room
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nick 2 years ago
View quoted note → Lightning is very much living, it is more alive than any mailing list or Twitter post about scaling bitcoin. It has 100k+ channels over 5 years of main net, btc-at-risk miles on it. We know the flaws of lightning intimately because we’ve been using it, and testing it and improving it. X miracle bitcoin scaling solution is in fantasy land and due to not existing at any scale is as good as dead. They’re fun to think about though.