Cykros

https://search.marginalia.nu

🇵🇸🏴‍☠️

Public Key

npub1lcetwt8hcd9gagdytu4e35ufykxek0elfvx8q3spugmgj9x0ev0q363apw

NIP-05 Address

Profile Code

nprofile1qqs0uv4h9nmuxj5w5xj972uc6wyjtrvm8ul5krrsgcq7yd5fzn8uk8spz4mhxue69uhhyetvv9ujumt0wd68ytnsw43qz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqyv8wumn8ghj7mn0wd68ytn0wejhymtfdejzumr0dsqsqqgkwaehxw309aex2mrp0yh8qunfd4skctnwv46qaep6ey

Publishing to

Author Public Key

npub1lcetwt8hcd9gagdytu4e35ufykxek0elfvx8q3spugmgj9x0ev0q363apw

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Last Notes

2026-09-10 02:41:46 UTC

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Credit bubbles go until they can't anymore. Bitcoin isn't here to kill fiat. It's to be an Ark so that when fiat implodes under its own fragility, there is a monetary asset with sound money principles and means of exchange that are permissionless and verifiable over long distances in a very short amount of time.
Arguably the more people opt out of fiat, the sooner its fragility gets to it, as the whole issue is that it is backed by an indefinitely large web of rehypothecated real collateral.
Calling it fiat is something of a confusing point I suppose, because it's really just credit -- ledger money, and not technically the same thing as true fiat which only draws value by mandate (and is actually even worse). The taxation mandate plays a role, as do reserve type requirements, but it is still more a promise that in the future these notes will be accepted for real shit.
Even in antiquity when ledger money was in broad use, largely before gold had been monetized and other commodity money had other drawbacks (such as spoilage or supply issues), debt jubilees would be the pressure relief when these systems would become unsustainable. The issue with a debt jubilee though is that you are at the end of the day robbing the ones who are saving their own resources and financing economic activity (with more or less corruption and exploitation of course) and they're keen on avoiding being the bag holder. Sound money provides a solution that requires no one to hold the bag, and the jubilee to not be required. If you have a hybrid system, you end up somewhere in between which realistically is more likely. But prohibitions on riba/usury have at times had us closer to sound money than others.
But yes, it sounds like you're calling out the cartoonish oversimplification (one of many I hear often). Monetary literacy is quite low. Even in Bitcoin where it's better than average I'd still deem it sophomoric.

2026-09-09 23:59:48 UTC

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Lol, also think its everyone else's job to look out for what content your kid sees, eh?
This isn't the nanny platform you're looking for -- maybe Hunter Biden will spin up something you're more interested in.

2026-09-09 15:58:02 UTC

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It's also not your personal fiefdom. Use the mute button gramps.

2026-09-09 15:51:51 UTC

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They had potential, but needed a little work to be less dense. May be opting for crumbled pork rinds and a little more parmesan next time.
I do really need a meat grinder though too. It's better than hot dogs but storebought ground beef is sorta gross...

2026-09-09 15:01:51 UTC

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Jealous. I just had some carnivore meatballs topped with melted sharp cheddar. That steak looks magical.

2026-09-09 15:00:49 UTC

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It's up to a jury, and those who would track them down so a jury has anything to hear.
While they should see a jury if caught, I'd be lying if I said I want to see the idea that Bitcoin can't be used privately given any more steam.
It is admittedly harder to get much of an anonymity set when you're trying to hide hundreds of bitcoin though.

2026-09-09 11:23:17 UTC

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I guess always is a long time. Arguably though, prior to having a deep state pulling strings based in Europe, there just was no deep state though. Just some statesmen and wealthy Americans, and average folk. Though I think it's unlikely there was ever a time that they weren't being approached by European power brokers. The whole civil war was fought for the South's right to sell goods directly to Europe so as to carve out America's industrial base and keep us as an agrarian colonial outpost after all.

2026-09-09 11:18:54 UTC

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https://image.nostr.build/9af474ada323d1bd6d08a1e0130368d81c499ce3b64f55e8401fdfca5c1023e2.jpg

2026-09-09 11:17:51 UTC

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It's weird how much Americans don't get just how much the victims of ISIS by and large were other Muslims. And how much their funding and direction came right out of the halls of the American deep state (as well as our greatest ally).
Not to say there's anything inherently American about the deep state, which has always been centered in Europe. But Obama's administration gave us ISIS, and they did ultimately do their job, and now rule Syria.

2026-09-09 11:14:45 UTC

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The attacks on them by the state to implode society were mostly the fun ones. Encouraging hedonism, divorce is liberating, leaving wealth to your children will spoil them, so spend it all!
They did have 'nam. But not WWII, as their parents had. And not a lack of housing affordability, as Gen X somewhat had, and millenials very much ran into (and presumably zoomers just huddle under bus stops but they have tiktok).
For what it's worth, each generation of fiat has it worse than the last -- that's sort of how it works. The boomers at least got in while the currency was sort of kind of almost gold backed (the real gold standard ended in the 30's with 6102, but the Eurodollar system that carved out Bretton woods didn't really build up steam until they at least were getting some productive assets -- and in many cases even owned homes).
They're gonna get annoyed at the salt though, because aside from some of the psy-ops, they largely see what they got as having come from an improved productivity through technology their generation did indeed help create -- they just didn't get wildly debased because their wealth was already heading strongly into assets. Prior generations, however, would have had more of a difficulty becoming as wealthy because the younger generations would have provided competition in the market place -- what boomers got instead was future generations that had no choice but to pay them rent. Rent does seem to be the root of the resentment.
We'd go a long way by removing a lot of the tax benefits of real estate ownership. I don't quite think we need to address anything about rent inherently, but the idea that you're going to be subsidized in your endeavor to withhold living space while demanding ransom for it is a bit silly. I'm not holding my breath on that happening with a real estate tycoon in the White House though. AOC will probably do it, but also while raising the fuck out of all of the taxes and killing productivity in the first place.
tl;dr stack sats and build your citadel.

2026-09-08 20:56:32 UTC

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Also, this does explain why Linux is so cuddly. Cats know, and it kicks their murder instinct into gear.
Even your cat is a honeypot 😄

2026-09-08 20:53:22 UTC

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Don't worry I found you a thousand count of diphenhydramine for $10.
https://a.co/d/04x28j4n

2026-09-08 17:49:48 UTC

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We like to pretend it's impossible to reverse the fiat system and get back to full collateralization of the iou's, but if you think about it like a household balance sheet it's not that hard to see that it is possible -- it just requires a lot of discipline. If you're in a bunch of credit card debt, but can work productively enough to pay your interest each month and a portion of your principle, however small, you'll eventually get out of debt.
The same goes with a national balance sheet. They do have some tricks up their sleeve though, such as being able to lean heavily on the interest rates they're charged, and requiring that to do business with others in a society, mandating institutions to hold government debt. It'd be like walking into a bank and not asking for a loan, but rather, telling them they're lending you money, and by the way that it'll be at 2.0% if they'd like to stay in business.
That they're ever NOT able to manage their debt is just a sign of just how grossly irresponsible they are when it comes to managing their (our) finances.
We'll see where it goes with their push for stablecoin adoption though, and the economic warfare. DOGE's spectacular failure notwithstanding, it does seem like there's some sincere desire to actually change the long term trajectory in the current administration that hasn't really been there in over a century. I don't remotely think they'll have anything balanced by the end of this administration's term or even likely the decade (we'll see about next decade) but it is a big ship to turn around.
It will be interesting to see to what degree they use bitcoin to ride a wave of collateralization, and to what degree bitcoin is used by those looking to escape from their system, as BOTH of these things are happening, making bitcoin something that can simultaneously be working for and against the efforts of the fiat hegemons.

2026-09-08 17:41:32 UTC

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The thing about fiat is, there are many fiat systems that are interconnected with somewhat separated economies. You can very much have most of them die off and have their resources picked over for pennies on the dollar, and in the consolidation, be left with one or a few systems that actually are more or less close to collateralized. This seems to be more likely the playbook being used in the economic warfare we're seeing. Particularly with things like the Yentervention which involved dumping Euros to buy Yen. Europe has had a big red X painted on it, and is being targeted for pillaging in hopes to prop up the dollar as its assets get reappropriated.
There's a lot of pseudocolonies that become a lot easier to jump on once some of those nations are dealt with.

2026-09-08 17:38:10 UTC

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It's technically possible to reduce the supply of dollars without totally running into massive issues with fiat, but at the stage we're at, it'd be a very slow grinding process and need to involve real economic expansion to offset the reduction in actual money supply. Given MV=PQ (monetary stock times velocity = price of goods * quantity of goods), if you drive up the quantity of goods while reducing the supply of money (and expanding the velocity of it), even if your prices fall a bit, you can avoid the situation where there is on net a bunch of debt being unable to be serviced.
It would require a drastic increase in efficiency, both by cutting wasteful malinvestment (most of government spending) as well as technological achievements. It's the sort of thing Bessent is trying to say we're going to do when he says "grow out of it" on the assumption that AI is going to make us more productive (even while we refuse to let it do what it's good at, let alone before we figure out how to make it good at doing what we really need).
Practically speaking you're more likely to run a 2 minute mile. But it's within the realm of physical possibility.

2026-09-08 16:51:13 UTC

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Better get out there and take down more trees! https://blossom.yakihonne.com/3c3e26c6e875829770beb1d190e4998d713bfbab43cb85d0e92acf5d11072e83.jpeg

2026-09-08 16:37:00 UTC

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A hard fork WILL be what saved bitcoin, if it is saved. If only because of the 2106 problem requiring it.
https://fountain.fm/episode/wMCkDxdDunIOrGAhhGvM
#nevent1q…7xxr

2026-09-08 12:11:08 UTC

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Yes, there are mobile companion apps and a browser extension that works like nos2x (mostly anyway, at least from a UX perspective). They they coordinate over nostr relays to generate a valid schnorr signature which is passed to your nostr client.

2026-09-08 12:07:57 UTC

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If this is your concern, best to use disposable nyms. Free speech doesn't absolve you of people listening to and remembering or even noting down/recording what you said.

2026-09-08 11:24:07 UTC

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Yes -- you regenerate new shares, but keep the same npub (and technically, the same nsec they're derived from, which I think is why @nprofile…pt5w is less than enthused). It at least lets you reduce the attack surface on your nsec even beyond what amber or nos2x offer though. If your full key is ever compromised, you're still out of luck though, and at the mercy of nip05, WoT, and the not much else.

2026-09-08 11:21:47 UTC

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Even something akin to bitcoin's script hash in place of a pubkey wouldn't really solve the issue, as a compromised key is still a compromised profile (just like a compromised quorum is still lost Bitcoin, even if you used a 5 of 9 with hardened derivation paths and timelocks).
WoT, attestations, and announcements regarding burned keys in some of the ways PGP key servers have made use of seem the most hopeful option, along with NIP-05. It's messy, but I sure don't see a solution aside from something more akin to a centralized DNS-like option.
The UI around some of these tools could perhaps be played with though to make it more apparent when and if an npub has been abandoned as compromised. Something like "this npub used to point to this nip05, but the nip05 has been revoked or changed" in bright red letters.

2026-09-08 11:13:10 UTC

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I'm not sure I follow. Frostr lets you rotate out your key shares because of the frost stuff. If you remove that, you're just looking at something like nos2x.
Or is your concern what happens if the FULL nsec is compromised? In which case, I do have to agree that it does still leave you without any recourse.
Seems like the benefit is that it reduces the attack surface on the nsec by not having it all in one place.

2026-09-08 11:02:28 UTC

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Have you checked out frostr? Been around a little while. Based on Frost, so it's not the most trivial, but you seem to find the ability to rotate valuable enough that it's probably worth your while to do so. https://frostr.org/apps

2026-09-08 10:59:10 UTC

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You know Coinbase will hold your sats directly and not charge you an expense ratio if that's your game, right?

2026-09-08 10:57:34 UTC

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Lol also the Coinbase users who just slept through them all.
That 6102 will happen one of these days though...

2026-09-08 10:51:46 UTC

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Marginalia is awesome, particularly for browsing "small web" sites such as neocities and other small hobby pages. Seems they've added some cool stuff since I last visited. Neat.

2026-09-08 10:48:32 UTC

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It definitely is, and it has a lot of footguns that I don't dispute.
I would like to know how else you'd consider bypassing a situation where any object on you can be expected to be removed from you while still maintaining custody of your coins.
If there's a better scheme that meets that use case I'd say we can dispense with it entirely. So far though, it does remain the gold standard for not needing to juggle optical disks, paper print outs, or risking online encrypted transmission of wallet files (unless you're gonna use Electrum's mnemonic words, but they're not really any better).

2026-09-08 10:44:00 UTC

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It's finally cooling down enough to go outside! What you need is a good pile of wood to split. It'll warm you up while you split it, and then again when you burn it.
You could use a hydraulic splitter if swinging the splitting maul or axe around isn't your speed, but that does take most of the fun out of it (as well as a good chunk of that initial warmth).

2026-09-08 10:27:13 UTC

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Porn removed? The fuck?
Filter what you want, but this is nostr; you aint removing shit.

2026-09-08 10:24:20 UTC

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Good shit as always.
I like the idea of a history show, but think Bitcoin history may be more narrow than you could be helpful in covering (though it is indeed important). Monetary history, particularly things like the advent of the Eurodollar system, the move from LIBOR to SOFR, the petrodollar arrangement, and things like the repo market (and how it formed out of a loophole in the law to go on to become the primary funding method of banks and shadow banks world wide) would all be valuable lessons that a lot of Bitcoiners gloss right past because "fiat = the federal reserve", which is like the 8 bit color understanding, even if mostly sort of kind of true.
Idk, maybe a tangent, maybe something that just comes up when relevant in macro news, but I'm constantly grinding my teeth over some of the things bitcoiners have to say about this while getting the smug smirks from any of the macro guys that clearly recognize how low resolution most of our grasp is on the monetary system.

2026-09-08 10:17:47 UTC

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It's getting a lot less interesting to follow unless someone leaks a Blockstream pgp key...
I'm still curious about those 10 identical outputs from the original peg out though. And some of the other flaking off.

2026-09-08 10:16:23 UTC

GM
Didn't get this uploaded last night, but it was my first time cooking venison. Came out awesome. https://blossom.yakihonne.com/1afe7ff6de8d88988a2dc434fc8257cf77fb2ea5caed909aeba3a5a7d083851c.jpeg

2026-09-08 09:59:48 UTC

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'Nobody runs an electrum server' 🤡
Let's just pretend EPS and electrs don't run trivially on a raspberry pi alongside your full node.
https://fountain.fm/episode/LBO5QLIGu9Y8PRUqosyl
#nevent1q…a6ry

2026-09-07 20:00:13 UTC

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Frostr does the trick, but the UX could use some polish.

2026-09-07 19:46:22 UTC

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That I'm a bit less interested in. There are already patents around a tattoo based subvocal mic though, for doing basically lipsync to text.
Neural implant is a little too hard to be sure of a filter.

2026-09-07 12:22:58 UTC

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Never thought I'd be pining for Pulseaudio...
Jack would do fine too though. Not sure if OSS would handle it -- fairly sure ALSA can't without an abstraction layer.

2026-09-07 00:34:17 UTC

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I used to think I wanted this. But anyone who's typed many commands on termux knows that you don't want a command prompt on your phone; you want a proper keyboard.
Having the ability to run shell scripts and use a Bluetooth keyboard is pretty key, but the Android/Graphene UI just makes more sense for most things on a mobile device. If anything we're moving to more voice, less typing, even from what we have.
I would like a subvocal keyboard though. Talking out loud is less than ideal in public or crowded areas.

2026-09-07 00:28:37 UTC

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People thought we were nuts for saying that the inclusion of systemd on Ubuntu and Debian was perilous for all Linux software and the Unix philosophy itself.
As it continues to, for no good reason, become a required dependency of more and more pieces of software. We no longer have a GNU/Linux ecosystem; we have a GNU/Systemd/Linux ecosystem, and everything else, being pushed out to the margin.
Guess I'm glad this at least exists for BSD. Hope we can bring it to decent Linux systems soon too.

2026-09-07 00:22:27 UTC

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The lack of BIP-39 support I think is a major point of friction. I agree it has technical downsides. It's also what people have chosen to use despite that because as far as a backup solution goes it is unparalelled.
They really should add the ability to at least import a BIP-39 key directly. I get I can make a wallet with Sparrow and import it to Core and be happily on my way, but the friction is enough to stop most people from bothering with Core at all. Refusing to include it doesn't protect users from footguns nearly as much as it ensures they'll use less optimal solutions in the first place.
We live in the world we have, not the one we wish we had.

2026-09-06 22:55:02 UTC

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Gold got hacked by the telegraph though.
Just not quite in the same way.

2026-09-06 22:49:08 UTC

About time someone did a proper public service announcement about centralized side chains. Been sick of hearing influencers back this shitchain for years now.
At least Cashu tells you it's a toy and you're probably gonna lose everything. Blockstream actually tries to get people to take Liquid seriously.
And got hacked for double what Coinkite lost.
@nprofile…zfer can we be done with this silliness yet? This only ever had the support it did because your name appears in the white paper. Not sure how you think about legacy, but custodied sidechains and hardware signers that phone home seem like a step down from your earlier achievements.
I'm not even mad here -- this thing was such a bad idea from first glance I'm just shocked there was so much Bitcoin to be hacked in the first place.
#nevent1q…m6m2

2026-09-06 22:02:41 UTC

https://blossom.yakihonne.com/55dd41ee5530dbe11840aaac340795740a80ea7f06b990053cfd3652f17aedd7.jpeg
Steak came out looking good. https://blossom.yakihonne.com/be37208556d14c67b5dedfee61437835c705681e4ec2123d38518ddee5fc15fe.jpeg
Little overcooked but... https://blossom.yakihonne.com/9ee2f18d51f32b47048c2cf94a17856458d7c651199fba148247e27e2616fe3e.jpeg
I managed to eat most of it.

2026-09-06 00:43:47 UTC

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You can split your coins. Just send them to yourself with a transaction that BLV doesn't allow. Op_if is probably cheapest, but op_return over 83 bytes probably easiest. Then you can send transactions on Luke Coin without any concern as your Bitcoin have already been moved to safety.
Obviously mind the utxo management with coinjoined stacks and all.

2026-09-06 00:39:44 UTC

Took the Bitcoin out for a paddle today. Saw some cool birds up close. This one even made a call as it took off -- don't think I've heard a blue heron call before.
https://blossom.yakihonne.com/fc8151cc1262a2ad16411a69774821669e6e0a693b7ce7b8974b41c14b46980d.jpeg https://blossom.yakihonne.com/6a6a760b48d5a55d6d96efece4f360e9e9babf07ffd372ec7d8c6077ec1e4274.jpeg

2026-09-05 15:01:23 UTC

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Between the unverifiable supply and the history of successful hard forks speaking volumes about centralization, I consider it a bit like a Cashu alternative more than anything. It offers some privacy, but is for funds which would not be life changing if they disappeared.
I don't personally find much use for it but I could see it being handy for swapping through as an alternative to lightning or sub swaps for larger amounts, and things like that, where a coinjoin protocol alone doesn't leave you quite sleeping well at night.
Though, I'm very interested in some of what @nprofile…g27a has been doing with combining wabisabi, zerolink, joinmarket, and payjoin to address some of the short comings of each system. Taking real advantage of our low fee market lately.

2026-09-05 14:43:21 UTC

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We're glad you still come to grace us with your presence and flowers 🫶

2026-09-05 14:41:38 UTC

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Just like the one you shared, they're also not Bitcoin.

2026-09-05 13:15:29 UTC

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They're relying on it to dig out of debt.
And they're doing this while at odds with many other aspects of the powers that shouldn't be, like Christine Lagarde, Ursula Von de Leyen, and the majority of the European banking industry that had been riding America around since the advent of the Eurodollar system.
But yea I guess some people thought they'd all sit it out and get poor on the sidelines. Despite 'Bitcoin is for enemies' being quite an old meme.
I suppose if people thought it profound to learn that money is printed by the Fed, asking them to understand offshore dollars, repo, and the difference between LIBOR and SOFR is just too much to expect. Even though the total amount of bank reserves in existence is only about double Bitcoin's current market cap. Even after it exploded from a mere $50B or so before the GFC. There's a lot more to money than Jeckyll Island.

2026-09-05 13:01:25 UTC

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Lol I meant 'was his exit on a motorcycle' but glad I accidentally amused haha.

2026-09-05 01:52:56 UTC

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It would for like, half of them.
I went to the Gathering one year, and it was wild how night and day sets felt like a totally different crowd despite all being juggalos. Turns out, there's the sub-group that got brought in from the Psychopathic Records network where it was like, D&D nerds, and then there was the ones that came in from their street team, going back to the Dog Beats days, which is much more an urban hip hop crowd.
I was doing merch for Powerglove (a nerdy video game cover speed metal band), and the reception during the day was very positive; it was NOT so much at night.

2026-09-05 01:45:33 UTC

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There's these two as well: https://bsvblockchain.org/
https://bitcoincash.org/en/

2026-09-05 01:17:31 UTC

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It's gotta be hard for you on Nostr not being able to just silence everyone for calling out your bullshit.
Good luck with your fork though. I'd rather sell it than use it to put ordinals on your new chain.

2026-09-05 01:14:50 UTC

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Was it on a motorcycle? 😄

2026-09-04 22:53:48 UTC

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HUNDREDS of dollars.

2026-09-04 21:41:52 UTC

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There's no creation without destruction...

2026-09-04 13:29:07 UTC

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When you're there to create content, not share information, you make it take more time.
At least Opti is a bit more entertaining than some.
The ads are awful though. You wanna loan? How about a nonairgapped signer? Maybe some cloud mining? In between talking about Saylor and the Clarity Act with a bit of Trump?
I mostly listen to hear what acronyms he'll make up for ticker symbols. Wrong names only.

2026-09-04 13:22:09 UTC

GM
What's happening guys? https://blossom.yakihonne.com/953d220cad4810791d843c08397d24b4376b19dc3710e3ce9dfb4d1a6026e0d7.jpeg

2026-09-04 04:24:11 UTC

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Fucking weird.
Almost sounds like a fun sort of headache if the timing is convenient. People pay good money for kaleidoscope vision...

2026-09-03 23:59:34 UTC

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It also is the most feature light client I've found I think. Only being able to like with a ❤️? Not even with color choice? What nonsense is this?
Amethyst wins. In part because you can run moat other clients inside of Amethyst lol. It's like the emacs of nostr.

2026-09-03 06:03:53 UTC

Where did 2 am come from? Was dwarffortress involved?
Seems likely...

2026-09-03 01:45:18 UTC

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Why are our local models taking so mong to materialize??

2026-09-03 01:43:32 UTC

I'm really glad this couch is just the right size to fit everyone nicely: https://blossom.yakihonne.com/cf2f385311686ae8359e239078f3a78a9caf904c68736d44bddb7a0ad7852bfb.jpeg

2026-09-02 21:35:26 UTC

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Lol we already had done the important packing after trying to help him and he told us 'it's summer....'.

2026-09-02 17:39:10 UTC

At what point do we recognize that choosing not to include bip-39 in bitcoin-core results in the vast majority of Bitcoiners barely even recognizing that the Bitcoin Core wallet is a viable option?
I get not generating words, or making it a default option. There are a lot of drawbacks to BIP-39 that give people all sorts of ways to footgun. But given that it IS so widely adopted, and that the ability to back things up on steel is so highly valued, does it really make so much sense to say "just go use something like Sparrow"?
Would it be such a pain to add something like an "importmnemonic" command that takes your 12-24 words and a derivation path to a new wallet.dat? And is it that much better that people are being pushed to using less reviewed software in order to get it instead?
Nothing too strongly against sparrow, though i don't love the refusal to implement miniscript. Just seems like Core is being particularly stubborn on principles rather than acknowledging a real market phenomenon. Can't be too surprised as while the users are very much voting with their feet, there's no actual currency involved in this almost at all, so there's no price signals to drive incentives, but it does seem like we at the very least risk losing more eyeballs on the Core wallet code if it's just going largely unused, which in itself should be concerning (though...I'm somewhat sure it's more used in institutional settings beneath some layers of abstraction).
Curious if anyone's had thoughts or discussions about this, or if the matter was just largely considered settled after it got nack'ed the first time around.

2026-09-02 13:33:30 UTC

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Ah, that clarifies things. I was gonna say, I've heard some weird grumblings about the Red Team work but nothing that passes the muster of anyone that knows much about anything. Rob is 100% on board with responsible disclosure.

2026-09-02 09:30:23 UTC

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He was out til 2 am or so at his first concert ever. Turning 18 a few days before move in has been an interesting experience I think.

2026-09-02 09:25:27 UTC

GM
Kid was supposed to leave to move into college 25 minutes ago.
He's now wandering around wondering what to pack.
I suppose I should be learning something here about time preference?

2026-09-02 09:12:36 UTC

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Well some Americans seem to think Britain is an ally rather than our Arch Rival...

2026-09-02 09:12:05 UTC

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Like, running active nodes? No. Did he point LLM's to find vulnerabilities in the code with the intent of fixing them? Yes.

2026-09-02 09:03:21 UTC

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Chatty thinks there's gonna be a ticker symbol? Make sure Chatty isn't smuggling Blake2B miners -- he sounds wildly bullish.

2026-09-01 18:37:33 UTC

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America's oldest ally.

2026-09-01 18:02:19 UTC

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You mean the one doing pentesting on Bitcoin nodes paid for largely out of his own pocket?
In what universe would people rather vulnerabilities be left undiscovered?

2026-09-01 18:00:41 UTC

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Incidentally, it's one of the big complaints I have with Yakihonne. Amethyst lets me zap myself, Nosotros lets me zap myself, but Yakihonne kills the button? What sort of moralistic crap is this?!

2026-09-01 17:59:24 UTC

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Probably for the best. Could have zapped myself a bunch but I try not to do that in public unless I'm feeling particularly frisky. Just didn't read your post well enough.

2026-09-01 16:57:42 UTC

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Too bourgie to sleep under a bridge?
Not that I can talk too much, I slept in a storefront instead of under a bridge because the bridges were too far from where I'd hang out during the day, and mostly just jealous of the van.
Also timing. I sort of just missed the era of affordable portable Internet devices. I thought my combo mp3 player/txt viewer was high tech...

2026-09-01 15:01:09 UTC

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Oh, another thought that just came to me as I was scrolling Twitter...Jim Bianco could be interesting. I don't think most Bitcoin podcast hosts would know how to talk to him -- you might be able to do a bit better there.

2026-09-01 14:06:19 UTC

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Happy Birthday!
Also, isn't actually enforcing rent all but illegal as it is in California?

2026-09-01 10:17:59 UTC

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GM
Today is September 12054, 1993, the September that never ends

2026-09-01 09:37:19 UTC

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Well that's curious, as it's a name that just sort of sounded cool when I was a teenager that I sort of stuck with. Though looking at things like phonetic cabala I have indeed later ascribed some meaning to it through the greek myths around Psyche and Eros (as well as their more general application as mind and heart which) which I assume is what you're getting at. But yes, judging by the conversation I expect I will!

2026-09-01 09:35:14 UTC

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Listening more to this episode, I suppose I should point out why I said it'd make sense to be familiar with Jeff first. He's got a little bit of the Richard Stallman school of semantic usage going on. You guys could have really cool conversations. Or, you could spend an hour arguing about what inflation is defined as.
Sometimes his hair splitting makes a ton of sense. Sometimes, less so. In either case though semantic arguments are boring content (even if people did love his debate with Lyn on What Bitcoin Did back when Peter ran the show when they debated whether QE is actually money printing).

2026-09-01 09:19:58 UTC

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They have that everywhere else. Amethyst is glorious.
It could perhaps use more in line documentation though.

2026-09-01 09:06:36 UTC

@nprofile…za3a I don't think you need me to tell you the names "Luke Gromen, Michael Howell, Lyn Alden, Nik Bhatia" as potential guests, but if you do, consider it said.
Off the beaten path a little more though, I think it could be interesting hearing you talk with Jeff Snider (he's not so big on Bitcoin but is more tapped into Eurodollar mechanics than most, with some signals off the beaten path). Danielle Demartino Booth may be curious at some point -- haven't heard as much from her lately but she's got an interesting angle and of course has history at the Fed. Perry Mehrling is one who I think I've heard on one podcast ever, but who also has a somewhat unique angle on the monetary system. He's got a free course on Coursera called "Economics of Money and Banking" from 2012 and a whole subreddit (/r/moneyview) which says a lot for a college professor who clearly has impacted his students beyond the average (also author of a few biographical books). He's more of a central banking guy but is at least Bitcoin aware and I think could make for an interesting take on things and the way you discuss macro (and importantly, provide perspective for your audience).
It'd almost be amusing too if you chatted with Jack Farley if only because the two of you had shows almost identically named for a minute there, (Money Matters vs Monetary Matters) but he's mostly a name in the space as an interviewer and I'm not sure where things would go as an interviewee. Heck I'd almost rather hear you on his show but it may be slightly off his beaten path.
In any case, love hearing about the constant evolution of the show. Onward an upward.

2026-09-01 08:46:51 UTC

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Awesome show! Looking forward to the book!

2026-09-01 02:22:07 UTC

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https://blossom.yakihonne.com/7a4b2a164660d091dba8c3a523e78d50a588808e85eeeb20ba20c50619210728.jpeg

2026-09-01 02:18:35 UTC

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https://blossom.yakihonne.com/281ae9785f475cde2ce53081e21d0be7c1e0d428c9bdded68b50755e67151f42.jpeg

2026-09-01 02:01:44 UTC

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2 bitcoins in 2010 was lower stakes than a lot of our zaps now. Lol.
Though yea, I don't think we have quite the upside potential those did. After about 250x from here we hit a market cap of about half of the assets on Earth (in terms of today's dollars anyway). After 500x we eclipse them.
Up forever is still the name of the game, but for things like a 10,000x to happen I think we'd need star trek replicators and free energy.

2026-09-01 01:56:27 UTC

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It's very cool that it can even be done without a fork but they had to make some design decisions that are annoying. Like, backing up a transaction in what we used to call nonstandard op_return.
Also, as long as your vault address is single sig, you'd better hope its got enough entropy or its no more a vault than any of the coldcards that got drained. Actual covenant op codes would enforce this on chain; presigned tx's and an offsite or destroyed key just hope the original key won't be there to do something otherwise.
But yea, this may keep you from having to pick between appendages and bitcoin.

2026-09-01 01:51:19 UTC

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https://bitcoinerlab.com/guides/miniscript-vault
More in depth code example

2026-09-01 01:45:19 UTC

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Make a multisig cold wallet. Sign a transaction to your staging wallet with an nsequence time lock so that the staging wallet can't spend the keys for lets say, a week after receiving them. With miniscript such that in that time you can live it away from your staging wallet if a wrench attack is why you moved it. Keep the multisig cold wallet backups off site way out of reach. Keep your presigned at home or at least more convenient.
You can tweak this in a lot of ways, but its a basic rubric. Its how https://rewindbitcoin.com/ makes their service work (though their cold storage is single sig AFAIK).

2026-09-01 01:37:05 UTC

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Covenants without a soft fork rely on presigned transactions. If they're single sig cold storage, it can be circumvented.
If it's multisig though, yes, they do solce a fair bit. Arguably the tx may be easier than backing up all the descriptor stuff.
Still more of mess than vaults with ctvand or csfs would be, by a long shot.

2026-08-31 23:15:00 UTC

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Wait current? Damn didn't know they did that, guess I'm heading to fmovies to watch it.

2026-08-31 21:28:21 UTC

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Even better when it's the skin if you ask me. Salmon skin is the bacon of the sea.
But it does make a nice crust if you've got salmon steaks or someone stole your skin.

2026-08-31 21:27:19 UTC

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The 'ceasefire.'
Glory be to the martyrs.

2026-08-31 21:22:49 UTC

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And look at what a piece of shit the platforms his company churns out are.

2026-08-31 21:20:58 UTC

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No worries. It's basically a stripped down Brave without the shitcoining and some other cruft. Brave is generally fine but I'm always on board stripping out unused features.
That they charge to NOT have the 'features' tells you how great those features are lol.

2026-08-31 14:29:53 UTC

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Even better -- if you're on Linux, use Brave-Origin, which is free for Linux (they charge on other platforms).
If you're not on Linux...what's taking you so long?
More seriously, if you're on Android, I'm actually somewhat partial to Yandex browser which also is Chromium based but has better support for extensions than anything else I've seen on mobile (including nos2x). Not sure if there's any big Kremlin boogeyman stuff people should be wary about with it though, so maybe don't take this as my recommendation so much as just information about what I find useful.

2026-08-31 14:06:30 UTC

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If AI takes your job, congratulations on not having a shitty job that nobody should have anymore. Go do something more useful with your life.

2026-08-31 10:35:01 UTC

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Yakihonne has had them for ages...
https://media0.giphy.com/media/xlSZ0f0f5ukE0/giphy.gif?cid=4ea4f8d53768p0qdqjk4tyjx3499h5l8aa54j9t41lvgwsbj&ep=v1_gifs_search&rid=giphy.gif&ct=g

2026-08-31 00:43:02 UTC

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I already spend it regularly enough. My pizza day this year was celebrated buying pizza from my Zeus wallet with my own channel on a node on my phone.
If you compare to custodial fiat solutions you're never going to be happy. Bitcoin isn't for everyone and that's as it should be. Most people don't want freedom. They want someone to call when shit breaks.
We'll get covenants in time but there's a lot of ways to do it. Taproot was rushed through with unforeseen consequences. There's zero rush and plenty of functionality that is at yet barely being used.
This thing's only 17 years old. There's a lot of time in the next thousand years to get it right and fiat isn't going to suddenly stop failing. The pressure it applies as it does will serve as a great teacher as to what we need rather than what the next cool shiny thing might be.

2026-08-30 19:03:43 UTC

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You know, I have an accountant in the family -- I should probably tip her off that there's a ton of bitcoiners she could probably make a killing off of by specializing...