The Commoner 's avatar
The Commoner
TheCommoner@primal.net
npub1m26g...4rxh
Just a dork that knows how to get in trouble LIFE = BITCOIN LIBERTY = NOSTR JUSTICE = PROOF OF WORK
The Commoner 's avatar
TheCommoner 1 year ago
WAIT - SO IF YOU HAVE 0.01btc A.K.A. ONE MILLION SATS…. THAT MAKES YOU A SATILLIONAIRE??? THAT’S FUCKING COOL… I FEEL LIKE THAT MEANS I KNOW A LOT OF PEOPLE WHO ARE TREMENDOUSLY VALUABLE TO THE NETWORK!!! AND PROBABLY A COUPLE WHO ARE SO VALUABLE TO THE NETWORK THAT WHEN THEY INEVITABILITY DECIDE TO “FALL OFF THE GRID” … THEIR DISAPPEARANCE WILL BE FELT BY AN UNUSUALLY LARGER NUMBER OF US! ACTUALLY I KIND OF FEEL LIKE THAT IS ALMOST A CURSE OR MAYBE IT’S THE BEAUTY OF THE NETWORK… THOSE THAT BENEFIT THE MOST IN THE NETWORK AND ARE PRONE TO THOUGHTS OF GRANDEUR OR MEGALOMANIA END UP FUCKING AWAY ALL THE VALUE THEY CAPTURED OUT THOSE THAT CAME BEFORE THEM CAPTURED AND TRANSFER IT TO THOSE THAT ARE BEST ALIGNED WITH THE INCENTIVES OF THE NETWORK???
The Commoner 's avatar
TheCommoner 1 year ago
I WRITE THIS AS A REPLY EARLIER AND THOUGHT I WOULD PUT IT HERE AS WELL…. HOPE IT RESONATES WITH YOU FWIW -I BELIEVE ROI WILL BE A THING IN A BITCOIN WORLD…HOWEVER THE DENOMINATOR OF WHAT WE MEASURE THE “RETURN” IN CHANGES FROM MORE SATS TO MORE VALUE…. AGAIN THIS IS JUST MY SMALL BRAIN TALKING OUT LOUD HERE…BUT THIS CONCEPT OF CHANGING THE DENOMINATOR FROM PURELY MORE SATS TO MORE VALUE I THINK IS THE IMPORTANT THING… WHEN WE MOVE TO A WORLD WHERE THE THING WE MEASURE VALUE IN CAN’T BE PRODUCE INFINITELY THEN WHAT BECOMES IMPORTANT ISN’T MORE OF THAT THING RATHER IT BECOMES THE VALUE WHICH THAT THING REPRESENTS AND (THIS IS WHAT JEFF BOOTH IS GETTING AT WHEN HE SAYS WE BECOME 8 BILLION PEOPLE IN SERVICE TO ANOTHER INSTEAD OF TRYING TO EXTRACT FROM EACH OTHER)… OUR INCENTIVES CHANGE FROM OBTAIN MORE TO INCREASE VALUE FOR ALL…. THIS IS THE WAY
The Commoner 's avatar
TheCommoner 1 year ago
BITCOIN MEETUP - MADISON, WI TONIGHT 7-9 PITCHER’S PUB BE THERE OR BE…. SOMEWHERE ELSE I GUESS?
The Commoner 's avatar
TheCommoner 1 year ago
I SURE HEAR A LOT OF PEEPS TALKING ABOUT LIVING THE BITCOIN STANDARD BUT THEN THEIR BUSINESS OFFERS EVERYTHING IN FIAT TERMS FIRST? THIS SEEMS ODD
The Commoner 's avatar
TheCommoner 1 year ago
WE ARE LIVING IN A WORLD THAT HAS MANY, MANY, MANY PARALLEL SYSTEMS OPERATING AT THE SAME TIME. BITCOIN IS CURRENTLY THE SINGLE MOST DECENTRALIZED AND SECURE OPERATING SYSTEM THAT ALL OTHER SYSTEMS ARE SLOWLY TRANSITIONING OVER TO OPERATING ON AS WE/THEY ALL REALIZE THIS.
The Commoner 's avatar
TheCommoner 1 year ago
AS I WATCH MEMPOOL.SPACE - I CAN’T HELP CHANNELING @Marty Bent AND FEELING LIKE MAYBE THIS WEEK WILL COULD BE THE WEEK!!! STAY FROSTY OUT THERE! AND KEEP YOUR HEAD ON A SWIVEL
The Commoner 's avatar
TheCommoner 1 year ago
If you are a Bitcoin VC company and you are focused on beating some IRR base on some FIAT valued comparison…you are still measuring and thinking in the system you are trying to give less energy to… The return for Bitcoin is only…does this company strengthen the Bitcoin network. PERIOD FULL STOP … with that in mind…the real return is in the reach of the companies ability to operate on bitcoin and the ability of the company to incentivize users to the network. We need to get this right.
The Commoner 's avatar
TheCommoner 1 year ago
SO I WAS HANGING OUT WITH THE FAMILY BY THE LOCAL FISHING SPOT…NOT PLANNING ON FISHING…BUT THE KIDS WERE REALLY INTERESTED…THIS DUDE (YOUNGER DUDE) FISHING WITH HIS BROTHER SAYS TO ME THAT I AM WELCOME TO USE ONE OF THE EXTRA POLES HE HAS SITTING THERE. WELL MY KIDS WERE ECSTATIC AND SO WE TOOK HIM UP ON THE OFFER AND FISHED WITH HIS GEAR FOR ABOUT AN HOUR … CATCHING ONE FISH FOR EACH KIDS TO REAL IN AND RELEASE… ANYWAY THE POINT OF THE STORY IS THAT I DIDN’T HAVE ANY CASH BUT I ASKED HIM HE USED BITCOIN AND HE DID!!! WE ARE SO GOING TO WIN!!!
The Commoner 's avatar
TheCommoner 1 year ago
OK SO TODAY IS THE DAY-I HOPE SOMEONE CAN HELP ME AS I FINALLY BUCKLE DOWN AND FIGURE OUT WHY I HAVE BEEN HAVING SO MANY PROBLEMS WITH MY NODE AND RUNNING ANYTHING :( IF I CAN’T FIGURE IT OUT IN THE NEXT 48 HOURS I AM RAGE QUITTING, SELLING EVERYTHING, GETTING DIVORCED, AND LIVING IN A VAN DOWN BY THE RIVER