Holy Shit!!!
9.7% REAL yield on a payment network while holding the keys to their BTC the entire time!!
Holy shitballs that is absolutely insane! This has to be the craziest thing to come out of the conference this year. I don’t think people will get how big of a deal this is.
Things are about to change big time. This is fucking nuts.

🤣🤣🤣 I’m dying
Next up:
2,100 sats to anyone who can find me an aerial drone shot of the El Salvador volcano mining (or a high res photo that I can Ai into a drone shot), or any other useful video around the El Salvador mining operation.
First one that has something I like gets 2,100. Any that add something I find useful will get 210 sats
#AskNostr
#ZapWork
#Bitcoin
#Sats4That
1000 sats to the first person who digs up the link to my thread filled with videos of people posting their miners. I never finished saving them and I'm too lazy to scroll or search for it.
Go
So I get an email about every other day from:
"A huge innovator and pioneer in Crypto! Bob McSmartGuy has been in crypto for years, and has received accolades and raised millions in capital from super important names like Ycombinator, Defi dick buddies, and Rao Paul Ventures! His breakthrough in advanced super smart contracts and artifical decentralized intelligence neural networkologies had made him one of the most respected CEOs in all of crypto. We recently added WBTC support to our innovative system that gets risk free yield from sustainable trade networks. He is truly bringing financial empowerment to the world and expanding the world of Bitcoin and Defi. Would you be interested in setting up an interview in the coming weeks? We know your audience would love it!.
Sincerely, Jacob"
-------------------------
And I always wonder if I'm the only one who actually gives a serious response to them. And I always talk directly to "Jacob" not who or what he is representing.
I bring it up just because this is one I sent this morning:
>> "Unfortunately, you have the wrong show here. I advise people away from crypto and think there is no long term future in it. It is built on a very fundamental misunderstanding of the major economic principles that make money (and base communication protocols) aggressively consolidate toward one over long time spans.
Defi and “crypto” broadly have no future with separate blockchains and floating, illiquid tokens. Doesn’t matter how much cool stuff they build. It’s like building a platform where you have to speak Elvish, a new made up language, just to use it. Someone will build it with English and the one that requires people to speak Elvish will die, no matter how cool it’s features seem initially.
My focus is on Bitcoin, economics, internet history, cypherpunk philosophy, and the revolutionary breakthrough of POW as a consensus mechanism. What you describe *sounds* like it’s related, but it’s actually antithetical to the content of my show, rather than complimentary.
However when he realizes that everything not being built on Bitcoin is destined for the internet graveyard, and he shifts back to Bitcoin only, I’ll be happy to entertain a conversation at that time. If he makes it that long at least. He will inevitably either leave the industry, or shift back to Bitcoin.
No hate, just the simple truth. That's my 2 sats at least.
Thank you for your interest, genuinely, but I suggest you not invest your own time and energy too heavily into “crypto.” Compare the long term chart against Bitcoin and there is exactly zero ambiguity as to its future. I’ve been explaining it for 7 years, and I’ve yet to be wrong in that trajectory or on how to protect yourself in this industry through 2 major cycles. I have plenty of episodes covering why in much greater detail if you are ever interested in listening 😄
Good luck!
- Guy Swann"
------------------------------
I've done this for some time off and on. I often wonder if I've ever made someone who just does emails for some crypto company to leave or become Bitcoin only 🤣
It's so incredibly hard to hear someone go off about "how expensive everything is" and how "we dont get paid enough" and "how low wages are"...
Then explain to them that inflation literally causes all of this, and that the reason it feels like running on a treadmill is because **by default you get poorer if you dont get at least a 7% raise every year.**
And then they say "but nobody would buy anything if money got more valuable, it would ruin the economy."
Mothafukr you are LITERALLY linking the chains that you complain about weighing you down.
What idiot thought bright purple LED street lamps were a good idea?
It’s kinda funny that Twitter is totally having a stroke right now. Nothing is loading and I can’t even respond to a bunch of people arguing with me in a thread 😂
Few seem to have any concept of how much easier life would be if money got more valuable over time rather than less.
ESPECIALLY during a period of massive technological deflation. Imagine if everything you needed for your living standard was 10% cheaper/better quality each year? The literal opposite of the current system.
Happy NY “Disagreement” Day #Bitcoin
May the spirit of GFY live on forever.
“On this day in 2017, at the height of the Blocksize Wars, a select group of powerful miners, businesses, and figures in the Bitcoin industry under an intiative by the Digital Currency Group, had a meeting that later came to be called the "New York Agreement." They believed that their combined market, hashing, and social power allowed them to make the decision to unilaterally push a hard fork to increase the Bitcoin blocksize despite virtually no support from the large development community and a significant portion of Bitcoin's user base. This was the beginning of what was called the SegWit2X proposal and the first major attempt to change the consensus rules of the network through attempted dominance of the hash power. After the success of the UASF, support dwindled as the deadline came closer, and the lack of developer support & talent resulted in a major bug causing the forked network to immediately grind to a halt upon execution due to an "off-by-one" bug. The SegWit2X chain never produced a block.
• Celebrate by committing to something at the beginning of the day, and then back out at the last minute 🤣”
All other social media now is just the places I go looking for things to share on #Nostr 🤣
Social has become the dominant mode by which we experience the internet. Its purpose is to filter information through our social tribes. Which is a GREAT thing, not a bad one as many assume.
The bad part is that it has been owned by platforms, rather than the user. It always necessitated a protocol from the beginning, and was never going to work otherwise. But now seeing its potential and that it’s completely open and permissionless to build on, this is going to change the entire web from top to bottom.
I now have over 4,600 notes. Don’t underestimate the value of building a foundation in this place, because we will be able to use it for a million things that were never possible on closed, centralized systems.
Slow and steady wins the race.
Brace yourselves, the printer is coming…
“It’s important that the economy grows faster than the debt”
— Bessent, Treasury Secretary
They are realizing cutting the budget and freezing the debt machine isn’t in the cards, and so they go back to the old playbook.
A truth I was surprised to discover:
Most people want slavery. They just want to be comfortable. And the moment a little bit of freedom causes discomfort, they rush back to their cage.
Then to delude themselves because they can’t accept that reality, they label all things uncomfortable as “slavery” and all things comfortable as “freedom.” Convincing themselves that because their cage is “nice and safe,” this means they are actually free.