What is the best book to orange pill someone?
My friends and I do a yearly reading challenge where each nominates a book and we have to read them all by the end of the year.
This year, I want to nominate a book that teaches about the monetary system and about #bitcoin. I am not allowed to nominate a book I have already read, so I am currently torn between @Lyn Alden's Broken Money and The Mandibles.
My friends are smart, interested, and open to impressions, but have not gotten around to do the deep dive on the fiat system. Which should I nominate?
#bookstr #asknostr #AskNostr
Milos
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What are some good resources to learn about running a personal server?
- Full node
- Lightning node
- (cashu mint)
- (nostr relay)
- Email server
- Cloud services & storage
- (websites)
- Other freedom tech
Is there a comprehensive, easy-to-follow guide to digital sovereignty out there?
I am technically inclined, but a beginner.
#AskNostr #asknostr
@Jeff Booth often talks about how the idea of growing out of debt is not realistic. The idea is that as technology improves and productivity grows exponentially, prices will fall, and the real value of the debt will grow, making it harder in real terms to repay.
This makes sense for private debt, but wouldn't this kind of growth solve sovereign debt problems?
If the Fed/CB aims at 2% inflation, this will in time require an ever increasing expansion of the money supply, and if that money enters the system by buying treasuries, then eventually the Fed/CB should end up owning all the debt, at which point the debt crisis is essentially "averted". (Of course, while Cantilloning the benefits of technology away from the many and towards the few...)
Am I missing something here? Any macro #nostriches on here got some thoughts? @Roberto Rios (Peruvian Bull) @Lyn Alden @jack mallers
Paper wallet related question: could I not just write down any 2^256 bit number I can think of to create a private key? If I can, why is this never done? And would I necessarily need software to hash out the public key, or could this also be done offline by hand?
Bitcoin public/private key generation:
Can someone explain why it is infeasible to grab a pencil and a sheet of paper and create a private key by jotting down my favourite numbers and letters?
Wouldn't any 2^(256) number be a valid key?
And if it is, what is it about the hash function that makes it impossible to generate a public key from my made-up private key by hand?