š§ Biomedical engineer by day | š¦šŗinline skater by night | šBitcoiner all day every day!
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npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f Profile Code
nprofile1qqs86frn7n4j25nzl9lch3wtgvvew5pl9mfapvfnkx67g53flgasplcpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsf3vqrv
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2025-11-15T02:17:51+01:00 Event JSON
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Last Notes npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt One positive thing at the moment is everyone is talking technical bitcoin again. Technical bitcoin is what interested me in the first place, itās probably what interests most high conviction bitcoiners too. Talk cryptography and tech more, and macro less. Cold, unstoppable, immutable math is where itās at. Attract the next wave of autists, we HODL real good. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt And itās wrong of me to seek more understanding? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt What do humans screw up when rolling dice? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I feel like this is disingenuous though. They should be compared as a % of total supply given the vast majority of financial activity is fiat npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt This is this bear marketās FTX moment. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Trust wallet wins again! npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The owners want to exit or want liquidity from the sale npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt When you think youāve come up with a genius new energy idea - pump-less pumped hydro - and then realise your dumbass just forgot clouds exist. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Which side of the BIP-110 has the following position: Nodes default to low OP_RETURN value (83 bytes or less). OP_RETURN value of your node can be increased if you want. OP_RETURN usage fee is like 100x normal fee rate per vbyte. Because thatās my position. You can put your BS in the blocks if you want, but you need to pay out the arse to do it. Knowing that itās extremely expensive, most people wonāt use it so the default OP_RETURN size can be reduced. Incentive of OP_RETURN user is to minimise the size of their data as much as possible, or to be using it for a price-insensitive use case like (INSERT EXAMPLE HERE??). Long term either OP_RETURN users are driven out because itās too expensive, or they are forced into developing extremely data efficient use cases. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt āCommandā economy. Businesses are capitalist but the state has the right to part ownership, and often does. The government isnāt democratic so they donāt play politics but just get on with governing. When their government wants something done, they arenāt impeded by any opposing parties or government bodies. When they say go left, 1 billion people go left. That being said Iāve been told the government itself is terrified of its people to an extant. 1 billion people mad at you isnāt something you can just ignore. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Nostr reminds me of the early days of the US; women fled the whites manās world to live with the Native Americans, but no Native American women fled to the white manās world. Nostr is the native Americans, and since coming to nostr I havenāt looked back. I canāt imagine how a nostr-native child who has only experienced nostr could use Instagram full of ads, or the mind-poisoning X algoritihm and not come straight back to nostr. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The store of value aspect enables the currency to move significant value. If 10% of Bitcoin is P2P, but the market cap is $30 trillion, thatās more P2P Bitcoin activity than occurring today. Along as the protocol remains the same and works for those who want P2P, does it matter that paper bitcoin exists? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt My current approach to success in a customer facing trade is proving very effective: 1) be attractive 2) fix their problem and a problem they didnāt know they had as well 3) clean up your mess 4) smile a lot 5) explain what happened, why it happened, and what they can do (or what I have done) to prevent it happening again Iām getting ~10-20% of customers sending glowing feedback through about me, where previously feedback was only complaints about the bill. A lot of feedback is customers specifically asking for me and not the others on my team for future jobs. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Is this too simple to be considered the correct path forward? If OP_RETURN size was default 80 bytes (83) but customisable to 10000 bytes would everyone be happy? Is there a technical reason that the majority of nodes require larger OP_RETURN size for the propagation of the information stored within? Itās not enough for just those who want this to run the larger size, majority with small default? Like, if you want the extra features you enable it. Default is extra feature turned off. Why does this not work? #nevent1qā¦daju npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The babes arenāt here npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt GM Nostr š§” Real talk ā Satooshies are here for the next generation of Bitcoiners. Reusable cloth nappies that stack sats and handle the homestead life. Orange-pilled and built different. Whoās copping some for their mini-pleb? š¶ā” #Satooshies #Bitcoin #Nostr **free product alpha for whoever actually wants to do this xx https://blossom.primal.net/fc752336e62a34db6f86e3bd21dbb1c13b5f887b2804b18abb163cf7967da261.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Never stop being silly https://blossom.primal.net/5132aa0601bcd64b672f37c7e46f004940d0ccab77183a1c094c31fe024d3875.png npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Itās interesting to me to go to other perspectiveās source material and to see if the conclusion derived from it makes sense. Iām a strong advocate for āif you want to prove an idiot wrong, let them speakā. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Itās gotta be the best time to be a mischievous teenager: - Use Nostr as your noKYC communication app - Use Bitcoin so your parents canāt touch your money - Sneak out of the house to meet up with your friends, silently ride 10 miles away on your 60 mph e-bike - Infinite pornog available - AI to do all your homework How fucking good. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Nostr and Bitcoin have the same problem - most people are reactive and only use the tools they need when they need them. Nostr = freedom to communicate, people only understand it when their communication tool is taken away. Bitcoin = freedom to transact, people only understand it when their ability to transact is taken away. The average person never thinks they will have these problems, so they havenāt found a tool to help them with the problem theyāll never have and canāt understand yet. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Ever hear the saying āall hat and no cattleā? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Block height 945042, celebrating the birth of my first born son, who is perfect in every way. My wife is incredible and I am in awe of her power. Both are in great health and we now sleep 5 to our bedroom including our dogs. I have found my peace, I truly hope you find yours. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Jump up then start the backwards rotation second. The vertical height gives the space for the rotation to complete. Youāre so close. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt 3 body problem - it will make you feel so small. In a way it makes you confront the inevitability of the end, so you might as well live the best life you can. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Project Hail Mary movie review: Amaze. Amaze. Amaze. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt If you ditch the conspiracy echo chamber thinking for minute⦠Thereās a large movement from psychologists pushing for the reduction of social media use by kids as itās SO bad for their developing brains. Diary of a CEO dropped on episode on this a few weeks back. https://fountain.fm/episode/qI3wvLqQAX04bmGvm1hx Thatās it. Itās literally just because people love their kids, and the social media companies put profit over public health concerns. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt A personal favourite of mine is āitās never wrong to be kind.ā I find myself in situations where there is no clear path forward, and I think of this quote and search for the kind path forward. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt That might be the coolest website Iāve seen in 10 years npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Is anyone making a personalised social media aggregator? Like it could take your X, Nostr, Insta etc. feeds and strip out ads and post of accounts you donāt follow? No infinite scrolling, your feed only shows all the new posts since you last looked? Open Claude bot with read-only API access to your accounts, phone app or browser feed. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iāve had a few people around me getting interested. Theyāre people whoāve watched me ride out a cycle or 2 and not sell. Asking questions about the tech not the price too so thatās cool. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Be humble stack sats w/e Take your bitchass buy-the-fucking-dip $300 BTC DCA and buy MSTR $150 strike Feb 2027 calls instead. MSTR ~0.8 MNAV @ current share price of $110 BTC @ $65K. Return to MNAV of 1 fair value is $137.50 with BTC still at $65K. Upside of 25% without BTC price changing. July 2025 MNAV was 1.6, share price of $415, BTC $120K. Return to MNAV of 1.6, BTC price fixed at $65K, share price at $220. Upside of 100%. Saylor recently tarred and feathered for being too autistic to be a pedophile, blowing up at my beautiful boy @nprofileā¦f62l on WBD. Sentiment bottoming Bullish MSTR here, expecting revert to MNAV parity at 1, good (price and size) execution of more BTC purchases sub their average price ($76K) MNAV back to premium up to 1.5. Targets: MNAV at 1, BTC $100K, MSTR $170 MNAV at 1.5, BTC $100K, MSTR $$320 *ignored increase in BTC holdings from potential future purchase because who the fuck knows how hard in the paint Saylor can go here npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Luke Gromen is straight up chilling in that lake side house right now š«” npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Salesmen have to sell. Positioning themselves to attract the next tier of capital allocators. Equity purchasers have tapped out. Bonds / yield chasers are the current target. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Going to start slapping some āSend sats for titsā stickers around the place #nevent1qā¦5qt7 npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Cheap hack for reducing phone screen time usage: enable grayscale colour filters. Nothing removes the emotional /dopamine spiking impact quite like sucking the colour out of whatever thing is on your phone. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Merry Christmas you filthy animals npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I have anecdotally found this to be the opposite. Raising my T improves mood and drive, low T is cranky, low energy depressive person. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt MSTR MNAV at ~1.1, $162 a share. Starting to look tasty npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I wonder if the nature of the vaccination process (kids all rolling into the same room) created the favourable environment for spreading of the flu? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Replaced my previous btc tracking habit (checking iOS stocks app) with this last week. Feeling very informed npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iād love to see someone make a direct cans for sats recycling business. In Aus itās 10c per can, you could pay people 9c per can in sats and theyād probably take it. Inb4 AML problems #nevent1qā¦nx7v npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Bear market goal: enter the 1000 pound lifting club. 200 pounds to go, LFG npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Seeking consensus here: Would you update your Trezor or just use import key in another brand device, shift the funds to a new wallet? #nevent1qā¦jyzz npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Is this the 2nd or 3rd cycle where the top was marked by the mass availability of collateralised lending products? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Yessir npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt If I was MSTR I would be trying to buy out bitcoin treasury companies with MNAVs < 1 right now absorb their discounted bitcoin. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The right amount of leverage is āI wonāt even miss this moneyā. Like 5% of your income per week in repayments. You can probably find 5% of bullshit in your spending to cover the repayment every week without blinking. 10%, maybe thatās getting tougher, some small lifestyle adjustment needed to keep the budget working. 20%, now youāre going to start having liquidity problems in a few weeks time you didnāt anticipate. 50%, sweet Jesus who wrote you this loan? Can I short them? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I gave you an honest shot @nprofileā¦ss9p 𤷠https://blossom.primal.net/43bbcfaf266ad840a35fe47ab225b8559a2e3bf79e1149651873620e5d74c6bb.png npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt 10 bucks to have a go Dave, itās a fair deal. https://blossom.primal.net/f67a61dbb20df02887ab334c2f2cf4a01b188f2999650f7e3cda5ab0fc54e064.png npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt You know other countries develop and approve drugs right? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The anti-vax movement seems strong on Nostr. Can anyone point me to a substantive piece (article, research paper etc.) to try to better comprehend this point of view? All of the anti-vax people I know IRL are to put it politely, not good advocates for the movement. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Itās 2025. No social media (minus nostr). Not reading the news. are-watching Futurama. Life is good. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Hooray Iām a statistic! npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Oh whoops I meant 100 million bits / sats per bitcoin, not to make a new decimal point. My bad. I think the name just makes sense, āhow many bits in a bitcoin?ā š¤· npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Bits makes more sense than sats, 10mil bits to a bitcoin. Use a lowercase b with a dollar sign for bits, uppercase b with dollar sign for whole coin. Show exchange rate (950 bits = $1 on the screen) prior to purchase npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Libertarianism as a movement seems to be full of difficult and unlikeable people, with a mindset of extreme individualism and independence. They struggle to form and maintain large enough social groups to make meaningful change. Conservative and progressive parties attract compatible, socially cohesive people working on (in essence) the reduction of societal friction through standardisation of interaction. Libertarianism conversely aims to remove any standardisation and leaves maximum societal friction. You are free to conduct your business how you individually please, but so is your customer, competitors etc. Libertarianism has meritocratic success outcomes, and abandons the unproductive. This is detrimental to at least the lower 50% of society. So a libertarian party relies on hyper-individualistic, high-merit people, forming a group and coming to a consensus which is all the exact opposite of their nature. It may happen occasionally but it seems unsustainable. Anthropologists say the single biggest success contributor for Homo sapiens was their ability to form larger communities over Neanderthals who could only form small communities. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I feel the reasons for why you might be a #knots person really should make you a #monero advocate npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt @npub13wlā¦np8z I stuck to my plan, where you at my dude? https://blossom.primal.net/a3b86f929b8262678fe0bba8f5836e08438dba64bfe5feb70207b2c7d2e850e2.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt World of Warcraft, it changed the world npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt MSSP npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Life is short, people donāt want to go deep on your bullshit. Theyāve barely got time for their own bullshit. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The bullish part is that theyāve discussed whether they should use bitcoin in central bank reserves 𤷠npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Yo Weeb of Trust, anyone got a good anime recommendation? Cypberpunk / ghost in the shell style? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Ready the Hyperion series., or the Dark Forest series. Best 2 sci-fi series youāll ever come across. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Knots is putting up some real numbers. The plebs donāt know whatās best for themselves though, only the devs can tell you what you should think. https://blossom.primal.net/110562282a77b09b63770471b50429e23d1f99c0648165d54ed33c0e9171c88e.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The closing section of that article, āunnamed crypto lawyerā agrees with the knots side. Every other section admits itās a low risk attack vector, but they all admit itās a risk. The knots side of the argument is acknowledging the risk, and deciding its not a risk they want to take. At this point I think both core and knots proponents understand you can chop up, compress, encrypt, encode etc data and get it onto the blockchain as it is. Itās not a technical competency thing, itās a conservative vs progressive view point. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Australian housing feels like itās at a top in the market purely because no one is talking about how the price could go down. Every forum immediately shuts down negative rhetoric, housing only ever goes up etc. Introducing the 5% deposit scheme for first home buyers has only locked in exit liquidity for investors 𤷠npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I am a reasonably technical lay-person, has anyone got a strong reason why the OP_RETURN data size increase is necessary or wanted? Is it a case of improving the infrastructure before we need it? Building out infrastructure and letting the use cases develop? I think I understand that the alternative uses of the Bitcoin network are maxing out the 80 byte limit, increasing the size of the block chain. Then, they are also using the UTXO address (or something) to post their data, bloating both the blockchain and the UTXO set. As these UTXOs are not valid transactions they can not ever be spent and will sit in the UTXO set for eternity. The UTXO set is stored in memory (RAM - expensive) and the blockchain is in storage (cheap). The workaround is to just increase the OP_RETURN size to stop the UTXO bloat. Blockchain gets bigger so more storage is needed by nodes, but nodes are mostly SPV nodes and donāt store the blockchain anyway. These nodes do require the UTXO set in RAM (somewhat). If the UTXO set were to get too large, nodes become too expensive and as a result the total number of nodes drops, reducing the security of the network as a whole. The Bitcoin core developer stance is they are being neutral to the various forms of users of the Bitcoin network by increasing the data limit. In effect, large OP_RETURN data transactions take up larger portions of each block without increasing the total block size beyond the already established 4MB maximum. So weāre still having the same maximum block size, just itās likely itāll be used more frequently. The OP_RETURN data is optional to store on a full node, so you donāt need store it. The growth of the blockchain size is still inline with previous projections if you assumed full size blocks for every block. So technically, nothing changes. Thus the developer stance of neutrality. The issue is then philosophical, being that a 100kb file size is well⦠concerning. 100kb allows for 640 x 480 pixel JPEG to be stored directly on the blockchain. I guess thatās the crux of the issue then right? Plausible deniability that running a bitcoin node isnāt distributing illicit material goes straight out the window. So the only nodes you can run would be lightweight nodes, and no one ever stores the full blockchain or theyāll get SWATed for CSAM. This is where I donāt get the WHY of the change. Why enable the undesirable use cases of the Bitcoin network because itās ātechnically neutralā to do so, when clearly youāre opening the door to certain doom? Please help me understand. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Currently reading Mastering Bitcoin. Is this still relevant? Are there sections which no longer apply? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The first time my wife has been interested in buying bitcoin was listening to Roman Yampolskiy on The Diary of a CEO. It was the first time she had heard someone very credible in a seperate field casually endorse it, without the sales pitch of a Bitcoiner behind it. Maybe itās not the message but the messenger? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Encouraging vlogs on a bitcoin-centric social media platform seems like a psyop. Your face in video⦠Your voice⦠a reasonable assumption that you own bitcoin⦠RIP and salute to the vloggers, may your future involuntary donation to violent criminals be worth the temporary clout. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt 106900 npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Thatās how it works. No account just display name, messages sent over Bluetooth so really a max effective range of 300ish metres. Messages can hop peer-to-peer. Verify other users via checking their fingerprint (string of characters) matches up with yours and when you get out of Bluetooth range bitchat uses NOSTR to message. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt When did you know it was time to leave the corporate world and go out on your own? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Preston Piss Michael Sayless Gin Alden npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Bitchat is so sick. I have mixed feelings in that Iām grateful I donāt need it but simultaneously it would be cool if I actually got to use it. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt You stopped listening literally moments before she explained where she got it from and why itās relevant lol npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The anti-government bitcoin bet is this simple: - 195 nation-state governments globally - statistically some of these must suck - āsuckyā government is subjective and relative to each individual - at any one time, people are moving capital away from sucky nation-states and into safe havens outside of government control - a % of this is allocated to bitcoin npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt This is about the craziest election prediction market graph Iāve seen yet. The upcoming Australian election, much like the Canadian election, highlights just how much impact the US political landscape has had internationally. The Liberal (conservative) party aligned themselves with Trump, you can see almost to the day that when tariff talks turned serious, Australians turned away. All the Labor Party have had to do is to seem sensible and pragmatic, and to stay the Australian-first party line. There is no single-issue policy deciding the election. For the Bitcoiners, neither party have offered anything meaningful. For added context, the Labor party is centrist-left, not progressive left. https://blossom.primal.net/eb51436669e640119b50377539a7004986e6b4e95a9ef59ad2bfc30342a1d16a.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Someone needs to tell Kanye about Nostr, my mans canāt help but get banned on everything else. He would probably bring in 100k new users overnight too. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Youāre not my real mum. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt A $1200 second hand 500cc motorbike is about the highest fun / $ thing money can buy. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Anyone used Ledn B2X in small, repeating cycles to stack sats? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Long term assuming the credit card launches fine, who knows in this crazy short term. I just figured $2.69 was just wayyyy undervalued, market cap was equal to the value of the bitcoin in the treasury. Thats gotta be a reasonable floor right? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Closed at $3.80 today, youāre welcome. #nevent1qā¦zn77 npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Financial goal: hit escape velocity. Expenses lower than passive income. Thats it, keeping it simple. Grow the income side, reduce expense side. Donāt fret the details. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Go on lads! npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iāve got 2 points of Bitcoin maxi rhetoric Iām struggling with at the moment, maybe you can help me out. In a BTC-only world, my biggest concern is the rebirth of financially-driven wars in geopolitics. Bitcoiners say without infinite money, wars are unsustainable, however I think nations will start analysing the potential profit from seizing other nationsā BTC. Especially given there can be no sanctions on the permissionless transactions. The nation-state equivalent of a $5 wrench attack is a 50000 BTC invasion to seize150000 BTC. My other concern is that I donāt understand how credit can work in a BTC-only world with deflationary prices, I feel like we would end up with no social mobility. The rich stay rich, the poor canāt grow their wealth as they wonāt have access to capital to expand their businesses. I guess you could raise capital via selling equity in the business. Raise 1 BTC to buy a machine that has positive sats flow, pay dividends to your equity holders. The compression of prices without credit brings prices closer to the cost of production. The machine would need to return more BTC than the deflation rate, or no one would take the deal. It feels really economically restrictive? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iāve settled on the idea of the 2-tier system being the most likely. All international trade in BTC, substantial savings of citizens in BTC but the majority of internal domestic activity in the fiat of your country. Well run nations will have small debt, small new currency issuance and attempt to maintain a peg ratio to BTC. Allows for the creation of credit (weāll never escape the need for a young person needing a mortgage) but likely requires high interest rates. Citizens of these countries will be able to hold a cash balance in fiat and savings in BTC. Poorly run nations will inflate their currency against BTC endlessly and their citizens will maintain both cash and savings in BTC, only using the fiat of their county when required. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Oooooft RIP LNP https://m.primal.net/QMiP.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Possibly some free alpha for my NOSTR freaks in our goon cave. Fold App (FLD - Fold Holdings) with 1485 Bitcoin ($125mil) in its treasury trading at $2.69, market cap $126 mil⦠Trying to work out this valuation, assets minus liabilities minus a % on cash burn rate? I canāt use Fold as a non-US based person, is it a good user experience? 59000 people in the credit card waiting list. Assume average APR of credit card of 21.47%, average of 47% of credit card holders have a carry over balance, average carry over balance is $6580. Potentially approx $39 mil a year ($3.3 mil a month) in interest payments to collect from Foldās current waiting list. Fold spends ~$360K a month cash burn. Fold cost of capital is reported as āaround industry averageā, 8.74%, rounding up to 9%. Fold would be paying ($6580 x 0.09) x (59000 x 0.47), $16.4 mil a year, $1.3 mil a month for this credit. Looking at ~$2 mil a month in free cash flow before additional costs and losses around providing credit (no idea what to deduct here). Cash burn rate goes from -$360K a month, to $1.64 mil. Long term, assume some Bitcoin purchasing into treasury once profitable of like 10% of profits, accruing $160K BTC a month. Bitcoin Yield (%) = ((BTC per share at end of period / BTC per share at start of period) - 1) Ć 100 Modelling out 2 years from credit card launch, assume BTC average price of $100K (insert your optimistic BTC price here) $160K / $100K x 24months = 38.4 BTC 50mil shares (approx fully diluted)) , assume no capital raises via equity. ((((1485 BTC + 38.4 BTC)/50 mil) (1485 BTC /50mil)))-1)*100 = ~2.6% BTC yield. 2.6% BTC yield just on re-invested profits, plus assumed BTC in treasury price appreciation. Assume some credit rating increase, ability to issue convertible bonds to buy BTC etc. Essentially, $20mil a year in profit, 50 mil shares gives a DCF enterprise value of $480mil, add in 1485 BTC to enterprise value, $580 mil total. Gives a share price of $11.71. Assume my analysis is full of holes (bitcoiners donāt carry a card balance maybe?), but I see the path forward. Pretty bullish at current price, unless credit card product gets denied. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt 1 WEEK UNTIL THE CAPS LOCK WILL RISE AGAIN @nprofileā¦0fd0 https://m.primal.net/QKEz.png npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Thatās fair. I wonder if framing it as, given roads and public transport infrastructure are a monopoly of the state, and no private infrastructure can really be built for mass public use (with very limited exceptions, toll bridges, tunnels etc), is the stateās obligation here to reap the highest reward for the tax payer by incentivising the most productive use of the infrastructure with the least cost? Or does that just lead back to letting individuals make their own appropriate economic choice is best? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Wildcard play: Social security is going to get bailed into treasuries npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Looking for the Nostr opinion on this: Assumption: Public transport is not profitable, itās a service paid for by our tax dollars. We collect fare money by the users of the service so they pay a higher portion of the costs as they use it. Given we all pay the bill in some way whether we use it or not, we all have a vested interest in the service. The more people that use it, the trains, buses etc required, more routes to cover and more time slots. The net effect of increased public transport usage is less cars on the road, less wear on infrastructure etc less cost to the tax payers on net. Public transport produces a net saving for the tax payers greater than the cost of providing it. Given this, reducing the cost of fares to 0 benefits everyone. Why not go a step further and PAY people to take public transport. Give them their carrot, $1 a fare. My vested interest in this is I HAVE to drive my car full of tools around between jobs. So if you donāt HAVE to transport anything but yourself, maybe stay off the road and get in a bus lol. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Went offline for a week in this tiny home, skinny dipping in the billabong and catching up on books š¤ https://m.primal.net/QGCi.jpg https://m.primal.net/QGCk.jpg https://m.primal.net/QGCm.jpg https://m.primal.net/QGCn.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iām looking at commodity price charts (mostly construction materials) and theyāve stayed flat or gone down minimally over the last few months of volatility. Does the real economy just not give a fuck about tariffs? Is all the noise just finance people adjusting their PE ratios and selling off stocks? Is it too soon to see the flow-on effects? Howard Lutnick said the āeasiest way to find a fraudster is to stop payments and listenā. Is this actually just Wall Street? https://m.primal.net/QFcP.jpg https://m.primal.net/QFcQ.jpg https://m.primal.net/QFcS.jpg https://m.primal.net/QFcT.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt How to make a half-decent coffee from instant coffee, maybe your camping or in some off-grid AirBnB with no fancy coffee machines. Before adding the boiling water put the coffee grounds in your cup first and mix with a splash of milk. This will stop any burning of the coffee grounds. Also add a pinch of salt to bring a little more flavour out. Then boiling water, milk, generously stir. Itās no Melbourne Magic but itāll get the job done. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Did you read their financial results? EPS beat $0.07 up to $0.30 per share, income up from $6.7 mill to $131mil. Theyāve downsized, right-sighted the operational business and got themselves well capitalised. Now theyāre making moves, M&A page on their investor news website. Seems like thereās some adults running the show, not saying itās going to the moon but my shares donāt owe me anything and at this point I have no interest in selling. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iām loving seeing the forced moment of thought this has created in GME holders.