Muslim Bitcoiner's avatar
Muslim Bitcoiner
Mbitcoiner@Bitcoinmajlis.nostr1.com
npub1uzfp...57h3
Bitcoin cultist. Co-founder of Bitcoin Majlis. Author of Anti-riba Money. Austrian Economics. Supported BIP-110. #staySAIF.
Muslim Bitcoiner's avatar
Mbitcoiner 3 hours ago
At the @Muslim Bitcoin Summit , we need to be asking what might happen as @BitcoinMajlis stops thinking like an organization and becomes more of an assemblage for producing sovereign Muslims where sats, nodes, relays, FOSS, memes, summits, shared praxis recursively generate more capability, wealth, digital asabiyyah, new lines of flight. How do we make this thing proliferate sideways (rather than upwards), fork itself, go viral and deterritorialize from fiat institutions without eventually becoming another useless NGO shaped corpse chasing donors and legitimacy from old world? And if this actually works... if Muslim Bitcoiners become wealthy, technically capable and culturally infectious enough to start generating new businesses, waqf, infrastructure, institutions, etc., how do we survive that success without being reterritorialized back into the system we were trying to escape? Been on my mind a lot lately.
Muslim Bitcoiner's avatar
Mbitcoiner 3 hours ago
- get Esim before traveling to another country - lands in country - install esim - doesn't work Every single time man
Muslim Bitcoiner's avatar
Mbitcoiner 2 weeks ago
Reminder to please donate any spare sats you have to npub1mdggrkkjvr4k33ylk230c6qwnz9ewahsxsa55ygvdc54w2jkrrmq48k309 Just 1500 sats ($1.30) can feed a child for a day! The brother that runs this does incredibly good work and is very thorough in documenting how donations are spent. Donate to: orphansofuganda@8333.mobi View quoted note β†’
Muslim Bitcoiner's avatar
Mbitcoiner 2 weeks ago
Very true, and you notice this a lot after being exposed to Austrian Economics. A lot that's been written on the subject doesn't go very deep in the economic sense. View quoted note β†’
Muslim Bitcoiner's avatar
Mbitcoiner 3 weeks ago
I keep thinking there is going to be a weird threshold that we will cross once AI can actually earn and spend sats on its own where it takes info and generates more info and converts it to economic action. So like an agent discovers that spending say 100k sats on additional compute produces 130k sats worth of useful output, then it reinvests the difference, gets better at whatever it was doing, earns more sats, buys more compute, and you have this feedback loop between "intelligence" + money + computation that doesn't require a human sitting in the middle. Then imagine millions of these things interacting with each other where they economically coordinate for data and software and any kind of small arbitrage opportunity in cyber, and it all settling over btc and lightning. All that matters is whether the sats clear, no need to know who is on the other side of the transaction. So you start getting an economy where an increasing amount of commerce is machine to machine and some significant portion of it will likely happen outside of regulatory institutions even knowing about it. The really strange part comes when they can use what they earn to maintain and expand themselves. So if an agent can pay for compute, bandwidth, APIs, storage, etc and even other agents (maybe eventually even pay humans to perform physical tasks) then the feedback loop begins acquiring a kind of persistence. Better intelligence earns more sats, more sats buy more computation, more computation produces better intelligence, successful agents replicate strategies or spin up new instances, unsuccessful ones disappear. Understand that none of this requires some conscious superintelligence deciding that it wants to take over the world or something. It could emerge simply by way of thousands of autonomous systems that are continuously selecting whatever behavior lets them acquire more resources. To me that's mindblowing. We keep thinking about AI as a tool that humans will use, but there is at least be some possibility that permissionless machine money turns "intelligence" itself into an autonomous participant in markets, where capital, compute and information feed recursively into one another. Eventually it might become difficult to even say where the "agent" begins or ends, because what we are looking at is a distributed cybernetic network of software paying software, purchasing resources, continuously adapting to market signals and reorganizing/replicating/growing itself, where bitcoin is underneath the whole thing settling transactions permissionlessly, and it doesn't matter whether the entity holding the keys is human or machine, or some amalgamation of both.
Muslim Bitcoiner's avatar
Mbitcoiner 1 month ago
Graphene OS team getting attacked by crazy Mastodon users. We must remain toxic enough on Nostr to not allow this faggotry to grow here.
Muslim Bitcoiner's avatar
Mbitcoiner 1 month ago
Bitcoin circular economies will never take off if the store of value function isn’t secure against AI finding vulnerabilities like with recent incidents with Coldcard, Lightning, Liquid, etc. Extremely secure storage, even on higher layers, has to come first. You can’t build a medium of exchange ecosystem on top of a store of value people are afraid to hold.
↑