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1dullgeek@nostrplebs.com
npub1k8ly...d3qu
Christian, Geek, #GoPackGo, #Bitcoin, Pilot Anarcho Christian? Maybe Happily Married 30+years
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1dullgeek 6 months ago
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1dullgeek 7 months ago
When it comes to the importance of Bitcoin becoming a medium of exchange, I generally agree. But I'm skeptical about it's urgency. I think the path to that is first becoming a universally recognized store of value. I don't think we can get to medium of exchange without the majority of people wanting Bitcoin. But I think it's going to happen on it's own. If enough people want bitcoin, they will naturally be willing to trade for it. The only question is if they'll be able to. If the infrastructure that Bitcoin has will support being able to earn and spend Bitcoin. But necessity is the mother of invention. When we get to the point where people universally want it, that will create incentive for a lot more brains to work on that problem than we have now. I guess I'm not worried. I think it's required. And I think it's going to happen. I'm sure there's a gap in my thinking. Would love to hear what it is.
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1dullgeek 7 months ago
"Fractional reserve is just banking" this seems like it translates to: If you need someone else to hold your Bitcoin for you, you risk rehypothication. Doesn't bitcoins qualities allow me to not need an external bank? View quoted note →
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1dullgeek 7 months ago
What I wish @Marty Bent had asked in TFTC #620: "Isn't slower block propagation a feature when there are transactions that contain OP_RETURN > 80 bytes?" "Doesn't that create a higher cost for including spam in the chain?"
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1dullgeek 10 months ago
Bitcoin is not crypto. That word was only after there was more than one thing that needed description and people wanted to lump what they thought of as similar things into a category. When Bitcoin was the only, no one called it crypto. They called it Bitcoin. So when you say crypto, you're really saying "all the Bitcoin wannabes" Conclusion: Bitcoin is not crypto.
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1dullgeek 10 months ago
I'm watching Arcane. And it ranges between compelling and stupid. I'm in a stupid stretch and I don't know if I can put up with it to get to the end.
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1dullgeek 10 months ago
GM Nostr! I'm trying to get my son started in Bitcoin. Suggestions for good "bitcoin for beginners" books or resources? Specifically looking for resources that do not include shitcoinery I'm looking more for "how to" resources. Like: - how to pick and use a software wallet - how to pick and use a hardware wallet - what are seed phrases and how to store them - what is multisig and how and when to use it NOTE: I already know all this stuff. I'm looking for reference materials for my adult son that could help him learn in addition to information from me. @BTC Sessions is already on the list of resources I've given him. Are there any "bitcoin for beginners" books that he could read?
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1dullgeek 10 months ago
GM! It's a sunny day today and I'm going to safety pilot for a friend and then fly my airplane back from maintenance. Excited!
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1dullgeek 10 months ago
I have finally got my wife to the point where she's willing to read a book on Bitcoin. She wants to do this, in part, because she wants a different perspective than mine. She likes stories. And primarily learns thru stories. Any suggestions for a book that might help her understand Bitcoin a little better?
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1dullgeek 10 months ago
Good morning! I hope your day is productive and enjoyable.
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1dullgeek 10 months ago
Twitter was neutral? Elon made X partisan? That's the most revisionist history thing I've heard in a while. I remember Twitter removing posts and deplatforming anyone who tried to reference the NY post story about the hunter Biden laptop. That's what @Rabble thinks is neutrality? I'll take community notes any day over that crap. Has @Rabble read the Twitter files? View quoted note →
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1dullgeek 11 months ago
I'm looking for a mythical service to try and live on a #Bitcoin standard. Does anyone know of any such service? Or maybe I'm missing some of the features of Fold, Swan, Strike or River?image
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1dullgeek 11 months ago
Totally irrational pet peeve: NVIDIA is pronounced en-vid-ee-ah NOT nuh-vid-ee-ah NOR nih-vid-ee-ah If that small subset of the world will please correct their pronunciation, I will be able to stop losing my mind. Gentle reminder: I know this is irrational.
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1dullgeek 11 months ago
Without fail, when I start looking at the political system, I end up freaking out that I don't have enough Bitcoin.