Old school cool. This site is over 25 years old. I still laugh. I am going to Hell.

I am better than your kids.

I am better than your kids

David Bailey and Brian Armstrong are two of the worst Bitcoin Advocates on the planet. Why don't most people $ee thi$?

Bitcoin: "The Asian EVASION" TLDR: "Asia isn't getting the right Bitcoin information and education, huge missed opportunity." ==== I have watched many of the Bitcoin Podcasts out of Bitcoin Prague. As an American, I am totally saturated with my online, home schooled Bitcoin education. Proven by my not being overly impressed by Mallers and Saylor's presentations. It has nothing to do with them at all. It just has to do with, what has been said and what is being said today on Bitcoin. Starting with Satoshi, he ran out of things to say, even got frustrated at one point emailing: "I can explain it to you but I can't understand it for you." The most unanticipated reveal to me in listening to these recent presentations was in this one: "The State of Bitcoin in the World — Jack Lee, Parker Lewis, Abubakar Nur Khalil, Rikki &Joe Nakamoto" The reveal was down to one person, Jack Lee. Jack clearly explained why adoption is so tough in Asia, think China. For one thing, fingers point directly (again) to "Bitcoin Magazine" and how they hosted a "Bitcoin - Asia" conference. As Lee explained, it was mostly Crypto. Asians, unlike America, are not getting the "there is no second best" message or the difference between Crytpo and Bitcoin (I am attaching one of my favorite images to explain it.) So why is this? - Most of us thought China 'banned' mining, they didn't - China doesn't care if you hold Bitcoin as Property, it's a problem when it is currency and you try to take it (thus the - possible - Shanghai Bitcoin ETF will be an excellent onramp for the Chinese government and us - not necessarily the citizens.) - If you listen (you should) to Bitcoin Mechanic/Giacomo (Dorsey funded Ocean) you know the Chinese (alongside American VCs like a16z) are funding the Ordinals/Inscriptions/Runes/Stamps initiative - They also explain how the Chinese manipulate the ASICs and Pools So, why isn't there more of a push, to push out "Bitcoin Magazines'" approach of BINO/Bitcoin Obfuscation (like Coinbase CEO Brian Armstrong does to)? Easy. It's the money. It's so great, for them, keep the people thinking there is a second best as their customers lose their money and then the government can say, "see, we tried to tell you?" No you didn't, it's about you, you all know Bitcoin is the best but you can make a ton of money off altcoins and you know they are zero threat to your money machine or any government (read politicians) anywhere. I wish BTC Prague or Swan's Pacific Bitcoin could go on a true/blue Asian tour. One problem, the Chinese government may not like the truth on Bitcoin? Satoshi NAKAMOTO picked an Asian name, I wonder why, it's sad if he was Asian and the adoption is so poor. Let's make him or her proud of choosing Asia and Bitcoin. Bitcoin. For everyone. The People. Special thanks Jack Lee wherever you are, we have three Jacks now: Jack Mallers Jack Dorsey Jack Lee This post dedicated to Asian people everywhere, a huge hobby of mine is cooking, I cook all various regions from Thai, to Vietnamese, to Japanese, to Chinese. I love all your food so much, I tell people I am ASIAN because of your food, I sort of am, Cauc-ASIAN. Much Bitcoin love to all of you Asians.

Maybe you can fix stupid? What if someone on here came up with new altcoin called Ethereum 2.0? (think BTCSV etc) and market it as: - We made a mistake we realize POS isn't working and POW is best - It will help in mass adoption - We can reuse the RoadMap - Vitalik can still act like he is in charge - You Upcycle by using existing Mining/Pool infrastructure (No need to have 32 ETH in order to be able to mine) - Truly Decentralized ...but there is one tweak to the RoadMap, Ethereum 2.0 actually points to and is purely Bitcoin, ETHSV? This would fix stupid?

"Bitcoin: HEAT is COOL and COOL is COOL" Byproducts can super useful and a side business for profitability. Famous Byproducts: SAWDUST - from making lumber STRAW - from harvesting grain WHEY - making cheese One of my favorite quotes from mining bitcoin is: "Bitcoin doesn't waste energy, it uses waste energy." Bitcoin mining unlocks some more of the Bitcoin bricks, every ~ 10 minutes, in a Bitcoin house made up of 21,000,000 bricks already built. Like the Wizard of Oz, the curtain lifts a little bit more every during those new blocks, some of which is made up of simple code, the halving is simply 6 hard coded lines. During the mini Bitcoin reveal parties where there is always the same one color, orange balloon, there is always a byproduct to the curtain pulling effort. Heat. This Bitcoin byproduct of heat, is heating Bath Houses in New York City, to pools and floors all around the world. But it's freaking hot in the desert, like the Sonoran desert of Phoenix, Arizona, or Dubai hanging out in the Arabian desert. They don't need heat, they need cool, so is anyone working on that part of the Bitcoin Mining giving back Rabbit hole? Note this "Nature" article: https://www.nature.com/articles/542023a News Feature Published: 02 February 2017 "How heat from the Sun can keep us all cool" XiaoZhi Lim Nature volume 542, pages23–24 (2017) <snip> As demand for air conditioning climbs, some see a solution in the very thing that makes us sweat: the Sun. <snip> "The gas-squeezing step is needed because to shed heat outdoors efficiently, the refrigerant must be very hot before it goes through the condenser, explains Colin Chia, co-founder of the Singaporean company Ecoline, which developed Hotel Star Sapphire’s air-conditioning system. In electrical units, this is done mechanically. But there is another way — simply using heat. One of the oldest air conditioners to be built on this principle burned wood to supply the heat and was introduced at the World Exhibition in Paris in 1878. It was “a marvellous old machine”, says Christian Holter, chief executive of SOLID, a company in Graz, Austria, that specializes in large-scale solar-thermal cooling and heating systems. Called absorption chillers, the devices use heat from the Sun to boil the refrigerant out of a solution — typically water from a salt solution, or ammonia gas from water. Then the gaseous refrigerant goes through condensation and evaporation stages similar to those in compression systems (see ‘Two ways to chill’)." My Open Ended Conclusion: One of the first Air Conditioners (Paris 1878) was wood burning. Why can't we heat and cool things from the same Bitcoin mining HEAT byproduct?

Making a Bitcoin Mountain out of a Mt. Gox Molehill. Mostly a nothing burger because of two words, "In Kind." Bitcoin will move from a terrible custodian to hopefully the best custodian, individual Bitcoiners or the 'Flavor of the Bitcoin Month next best Custodian.'

Think of Bitcoin as food. What if there was one scarce dish, only 21,000,000 to feed Billions of people? It comes down to worldwide consumption and two charts for me. 1) The total amount technically possible to Consume, $900T (Jesse Meyers, @croesus_BTC, update BTC today over $1T as it eats into the $900T) 2) Best Asset Class 8 out of 11 years? (All while, anyone in the world benefits from Bitcoin Pad Thai or Bitcoin Pho or Bitcoin Pizza or Bitcoin Pasta or Bitcoin Cheeseburgers)

Old School: "History Repeats" New School: "History Rhymes" I am old school. History Repeats not Rhymes, look at these three examples, any others worth noting? Medical: 1930s Economics: October 30, 1978 (Nashua Telegraph) Political: April 1890 (Attica Kansas ) "Inscription" Snopes: TRUE

Snopes

FACT CHECK: Does This Photograph Show an Anti-Democratic Gravestone?

Photographs show an 1890 gravestone with an anti-Democratic epitaph?

Bitcoin has allowed me hope on two fronts: 1) Interest in anything Economic 2) Renewed Interest in Social Media (NOSTR) I have two throw away accounts left on Social Media, one on X and one on here. Sadly, I fell for the Blue Checkmark and paid for a year so I feel I have to 'get my value' out of what I paid for but it's a terrible online existence. Exactly like I felt when I left FakeBook in 2017 and LinkedIn in 2022. Super empty. I want to help here, especially on the development side but I struggle with people not adopting Ocean and adopting (via complacency - non action is adoption) Spam.

Now cancelled Scott Adams was a genius whom I respected and admired as he helped me as I suffered inside Corporate America for decades.

"12 Word$" Did I miss the big Trezor announcement in Prague? If it is their new hardware wallet I don't get these things. I am a huge fan of Dorsey and his hardware wallet. But iIt is a Billion dollar business. My take, I simply went with the cheapest "seed signer." I got my 12 words. No matter how glamorous or expensive or marketing you make it, you are paying for 12 words. So, my 'old' Jade sits and gathers dust and I don't care if I ever touch it again at this point. I think we are in a bit of a lull with Bitcoin price for one reason, people like me. As an old three decade data/analytics guy, I am not impressed by many of the sexy charts showing the ETF or Power Law analysis or comparing to the past trends (i.e. before the ETFs). It comes down to my strategy and I think there are a lot like me. A few years back, I was done, with my Jade. I 'had enough ' and wasn't going to buy anymore Bitcoin. I am a Smash Buy Guy and it's too putzy and boring to do DCA. Then FTX etc. The Drop. I just shook my head, dusted off the Jade, doubled my stack. I am at the same point now. I am done stacking. No need for greed. However, if people are dumb enough to let this thing drop down to $16k again....then I will...dust off the old Jade. "IF... THEN ...ELSE" code and RTFM has made developers Billions in income, until AI? Until then, no need in the future to get Jade 16.0 or Block .37 Or Trezor A56AB with an HD camera/xQR (made up) code/Starlink enabled/Laser Pointer/Lighter for "only" $512. I have my 12 words in my 'tight' UTXO(s). It's exhausting to me. I am a psycho?

Asking for a friend, is btc prague affiliated with "Bitcoin Magazine" under BTC Media LTC? I don't know why I always thought Prague was independent, cool, and Bitcoin only but not if it is linked to David Barnum and Bailey. I hope the BTC Media LTC events are following Bitcoin's true lead and ticket prices are headed toward zero if so. Not a fan. Bitcoin is open source so should the events or at least the access to these events should be free worldwide via streaming.

Either most apps have the worst built in 'search' function or I am a developer and I think differently on how search should function, or I have the gene where I just don't understand apps various ways to use search function. Today's App (which I love and use constantly, @Fountain , is it just me or are you listening to a podcast and struggle to get back to the home search? I "go to show", swipe like crazy various ways, and most of the times just close down the app and go back into it? Just me?

I apologize to the Bitcoin Development community, I am finally running a node. It was one of the easiest technical things (if you can even call a couple clicks technical) I have ever done. I did post this on TwiX: Sorry to even ask this, I am finally running a node and this is so damn basic. But to speed up the initial download/synching process, since the data is 100% static as of the past 10 minutes. Can't someone just zip up the ledger at a point in time, then download locally to underused CPUs/GPUs worldwide, unpack, then do a quick synch to catchup/synch in real time? No different than how TurboTax does it on their (old) CDs or initial download and as the software/tax law changes you do updates? In this case, it's not software updating it's simply data.

I absolutely love Jack Mallers which right there is one of the dumbest statements ever if you even remotely understand Bitcoin. He's super complex and smart, that said, can anyone tell me what is on his hat? I bet there is a hilarious reason behind it. From:

jack mallers

Why the SEC pivot?&#10;&#10;Because banks get crushed being forced to buy negative real yielding bonds. Selling #Bitcoin  and now “Crypto” ETF...

"Two Jacks and a Saylor: Are they on the same page?" Big fan of Jack Dorsey, he's following Saylor's lead with Block. I always thought Jack Dorsey (JD), Jack Mallers, and Michael Saylor were all on the same page. That's naive. I am still a superfan of all three men but Dorsey to me has the most pure intent when it comes to Satoshi's vision. I followed the public blow up with JD and a16z. I also listened intently to JD in Portugal. He was crystal clear on why he was there, for Open Source which completely houses Bitcoin/NOSTR thus he was wearing his infamous SATOSHI shirt and NOSTR hat. He explained how much Big Tech has TAKEN from Open Source and has never GIVEN back to Open Source efforts. Read, no one is giving big money, other than JD, back into Open Source: Dorsey: Bitcoin/NOSTR: - OpenSats $21 Million Donation May 4, 2024

Bitcoin News

Jack Dorsey-Backed Initiative Donates $21M to Bitcoin Nonprofit Opensats to Bolster Development

On May 3, Opensats disclosed receiving a $21 million contribution from Jack Dorsey&#039;s #startsmall initiative.

(Essentially $15 Million for Bitcoin and $5 Million for NOSTR) - His company Block just announced the creation of a 3nm ASIC - Getting into Bitcoin Home Mining kits - He supports Ocean and supports the people rightly concerned with SPAM and keeping mining/pools/nodes truly decentralized - Hasn't publicly supported SPAM/Ordinals/Inscriptions/Runes/Stamps - NOSTR champion - Buying BTC for Block's Books - Understands the Africa/unbanked/underbanked - BTC SOV and MoE Mallers: Bitcoin/NOSTR: - Massive Supporter of Bitcoin - LN guru and visionary - Is indifferent on SPAM/Ordinals/Inscriptions/Runes/Stamps by his comments here, basically thanking them for financially supporting the Bitcoin Network's Health

SoundCloud

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(Never mind most of the panel underwhelmed by simply thinking the attack is a 'nothing burger.) - NOSTR basic user - I thought he understood Africa/unbanked/underbanked, but not if SPAM isn't a threat? -BTC is SOV and MoE Saylor: Bitcoin/NOSTR: - Bitcoin Chad - Pro LN - Supportive of SPAM/Ordinals/Inscriptions/Runes/Stamps with his Orange Checkmark work - NOSTR, no public support, a few posts - Bitcoin Development, rumors are he tried to shut down ARK from donating - I heard one comment in a Lightning Round with Natalie about Saylor talking Africa - Has Saylor ever publicly supported Ocean or given money to Open Source projects? - BTC a SOV (I align with this:

Bitcoin: "As Digital Money or Digital Property is Friction Free"

Bitcoin Commodity Saylor Data

) I agree with 99% of what Dorsey is doing, 98% of Saylor, and about 90% of Mallers (he's still a green horn with massive mentors.) My favorite, albeit crappy, title I achieved in my BI Corporate America career was 'Principal Solutions Engineer' (even though they never listened to me when I said it should be Principle not Principal. Coders are all about precision.) But I do like Solutions, so what will it take? Open Source is way harder than Closed/Corporate/Legacy/FIAT. So much of it was 'organic' with TCP/IP, SMTP, VOIP, Linux, and now Bitcoin and NOSTR. There are so many ways to 'armchair quarterback' why something will fail, no different than NOSTR or Bitcoin, but you also have to plan for your success. We have to plan for Bitcoin/NOSTRs success. What does that look like? How can we help in a positive way, I can't give millions but I can donate a ton of my precious time. (Only my cancer advocacy is more important.) Projects I would love to help: - Decentralization of Nodes -

X (formerly Twitter)

Bitcoinapolis: BIP-110 S̷P̷A̷M̷ 🤓 (@Bitcoinapolis55) on X

Fantastic analysis of the SPAM issue, summed up by a partial sentence: "...so yah 77% of the UTXOs are useless and are a waste of resources."

"...so yah 77% of the UTXOs are useless and are a waste of resources." - Decentralization of the miners/Pools I am pro JD's Ocean, but how do we overcome the $$$$$ incentive when people go with the disingenuous because greed overrides what is right? How do we take Ocean from Minority to Majority? - Developers: How do we make sure we are funding the 'right' projects and are not just turning into shills or supporting those developers who losers like a16z/Bitcoin Magazine support? Once again, most pressing, elevating Ocean. If you look at our past, some of the best projects and things never made it to mass adoption. Mainly because people with the FIAT money had the best marketing and advertising. Satoshi had a little budget, how can we get back on the right path and incentivize people to go with Ocean and Bitcoin Knots? I can't help but think of the story of the guy who developed the Weber Grill. How many demos he had to do in order to get mass adoption. Fueled simply by passion, for his product. How can we recapture Bitcoin and make it boring again, and move all the SPAM and other non-monetary projects like the Orange Check off the Bitcoin Base Layer onto L2+? We capture stranded energy for Bitcoin Mining, how do we capture stranded passion for Bitcoin advocacy? We can't simply let 2 Jacks and a Saylor do everything. There is power in numbers, not images.