the pace of back-and-forth re: OP_RETURN has gotten so fast and detailed that I can’t keep up right now

macro tonight, let’s zoom out: 20YR treasury. the rise in yield has been relentless post-covid, a true bear market. keep the analysis simple, what’s the trend? even if the pace of sell-off tapers—as appears to have happened recently—will it reverse? if you think not, you believe inflation will continue to be structurally higher than the prior decade. the market is speaking this view.

Katie Martin is technically correct but the market for teeth is unfortunately saturated.

#lunchstr

forgot to mention that nostr can’t do dm’s at all 😂 ‘tis but a scratch

how twitter became a life-hack, and how nostr will replace it: starting with the 140 char limit, twitter grew rapidly in its niche: social media which is text-based but witty, quick, fun. this, in opposition to long-form content and its severity and time consumption. then you sprinkle in a battle for censorship resistance which is (mostly, albeit imperfectly) won. then you expand optionality to introduce long text. then you integrate intelligent communication with the data that exists within the internet. and here we are. culturally, it is a haven for those off-the-cuff, free speech induced bursts of pure identity. it is free, fun, wild! but when called upon, it morphs into a global socratic society with the most proven thought leaders in their respective fields dissembling and recreating the forefronts of collective knowledge. life. hack. nostr will be the same, through its own path. quietly eroding certain aspects of twitter’s grip (think dave > grok, real censorship resistance) while introducing a forefront of its own: native integration of the internet’s very own money. at times along the way nostr feels like a cheap knockoff, the critics proclaim “it’s so slow, so buggy, so weird! keys and clients? where is the ‘nostr app’?” at times it feels incredible, too good to be true, even for its own supporters, “primal? that’s custodial! damus? iOS? Apple censorship! hey, ross is here! yeah but he’s going to shitcoin!” and at times it feels like nothing at all. here we are. we post. we zap. we read. we meme. we log off and touch grass (if we’re lucky) and nostr is… just here. we come back. we go again. it just feels real, normal. to nostriches, the world has changed, spoken to us, revealed a reality that has consumed our identities and renewed them. to others, the world waits for no one and tomorrow brings with it their next challenges, their next discussions, their next battles of ideology, policy, governance, science, technology, war, economics, athletics, religion, morality. each battle is a war of ideas; each brings new life to nostr, the only fair battleground for all. nostr, where you can raise your own army, fund your own strategy, build your own revolution on your own foundation. not because an algorithm says you’re right. not because an authority has silenced your opposition or frozen their war chest. not because you have paid for victory from your stash of paper. but because of the strength of your voice, the sweat of your brow, the truth of your heart. you prove your work here. and here alone. the world has seen this and it has spoken, and the time will come for those who wait. and for us, who are here now, how special it is! i truly love you all and i cherish this time while nostr is unburdened by the weight it will come to bare. let’s keep this thing going #grownostr this was my first real attempt at long form writing, apologies for my capitalization and punctuation style which many find difficult to flow with. hopefully you still enjoyed and if you read this far (and are still reading for some reason you psycho) thank you! you are awesome. shameless tags will now follow as my ego craves visibility @ODELL @corndalorian @Derek Ross @Damus @jack @Jeff Booth @MartyBent @DETERMINISTIC OPTIMISM 🌞 @Adam Back @fiatjaf @Gigi @wiz @Cameri🐦‍🔥 @jack mallers @Lyn Alden @Snort @Guy Swann @Edward Snowden

this is making the rounds on twitter, rightfully so. absolutely hilarious stuff. the fact people like this exist (“i have no clue what’s going on but im going to double down, proudly proclaim ignorance, and loudly defend that you don’t know either”) is an absolute blessing. thank you for your service!

Pierre Rochard knows how mining works.

maybe this helps: the question is not, how much bitcoin settles on-chain at any time t? the question is, if I want to send an on-chain transaction right now at time t, how much will it cost and how assured can I be it will settle? and once you start asking it like this you will see that there is not any sort of security budget issue or empty blocks issue, complete nonstarters

how did i forget etfs in my list of adoption waves smh

every “adoption wave” is actually just different levels of grift speed running their own hype cycle into irrelevance (ICOs/shitcoins/rugpull exchanges/nfts on bitcoin!/btc treasury/sbr) but the public nature of the network captures attention at the fringes and maxis are born. this is why only the bottoms matter.

one day, 1 day will equal one day, 1 day

maths/ 2B people adopt bitcoin 1 on-chain tx per year 2e9 / 365 / 144 = 38,052 transactions per block this is >10x capacity. 🤔 if this were within an order of magnitude i could see ossification being more tenable but 10x is a lot. so yes let’s return to vault talk now please!

every time money changes hands there is a transaction that occurred. that transaction involved a buyer and a seller. a market price was calculated for a rendered service and settled by the transaction. no exceptions :)

the logic of violence forever trumps the logic of logic

allow me to dictate how this works because I am the authority^TM here: 21 sat zap = 1 like any other amount = specific v4v determination of your content’s worth 1 like = acknowledgment that i’ve seen your post and will not further reply, did not actually like it enough to zap comment = specific 1:1 discussion point to the OP repost = i agree and literally could not have said it better myself quote = i agree (or disagree) and here is further, general elaboration on the OP any questions?

my actions would indicate a belief that bitcoin goes higher from here

i love when bitcoin moves like this. makes everyone shit their pants it’s so relentless

the best part of this all: seeing hundreds of plebs I’ve never seen before on nostr and twitter hyperspreading bitcoin knowledge and individualism. it’s glorious to see the cyber hornets stirred.

“self-censor because I am right and you are wrong” fucking unbelievable how deep of a hole these core-ons are digging themselves. AGAIN THIS IS ALL COMING FROM A GUY WHO STILL WONT RUN KNOTS. i’m actually so angry. they are so fucking pathetically blind.