jamw

#NOSTR since 767573 15-12-22
#Bitcoin since GFY
Power Lurker

Public Key

npub10vu5jqhw4kurwzf37xgr6qzkj4z7ssgnld4qjc6xv3mrhc3jqzwqnm4qs4

NIP-05 Address

Profile Code

nprofile1qqs8kw2fqth2mwphpyclrypaqptf230ggyflk6sfvdrxga3mugeqp8qpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3jamnwvaz7tmjv4kxz7fwd4hhxarj9ec82c30y5erq6uee7q

Publishing to

relay.damus.io

relay.mostr.pub/%20

Author Public Key

npub10vu5jqhw4kurwzf37xgr6qzkj4z7ssgnld4qjc6xv3mrhc3jqzwqnm4qs4

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Last Notes

2026-08-02 19:48:43 UTC

Let me go get my coinkite dice…
#entropy
https://image.nostr.build/3bd84a5354f210df85801ef26e2c250ad6b5046a07fec296944b829075eeb524.jpg

2026-07-29 09:14:50 UTC

A fresh install of #StartOS 0.4.1 was far cleaner than the over-the-air upgrade. Less SSD space used too. (Perhaps a result of the new file system - btrfs rather than ext4). A fresh, full archival IBD took 16.5 hours this time around.

2026-07-28 22:12:06 UTC

Current mood:
https://youtu.be/xMV6l2y67rk

2026-07-28 21:00:55 UTC

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Only see the link in Wisp

2026-07-28 20:51:30 UTC

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Ah the TDK SA90 cassette tape. An icon of the time 😁

2026-07-28 20:49:38 UTC

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Me too. Ironically it felt far more social - friends met up more, we went “out”, more house parties, more freedom. So hard to give up the phone now as we’re so connected but it is a different type of connection now - a shallower one.

2026-07-28 20:40:09 UTC

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It sure was! I was 19 and guess what: no phones and consumer access to the Internet in the UK had yet to land!

2026-07-27 18:56:23 UTC

IBD (full archival) = 18hrs 47mins 20s 898.23GB

2026-07-27 15:30:32 UTC

#Wordle 1,864 4/6
🟨⬜🟨⬜⬜
🟩🟩⬜🟩🟩
🟩🟩⬜🟩🟩
🟩🟩🟩🟩🟩

2026-07-27 15:24:59 UTC

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I stick around here for these type of convos 😂

2026-07-27 14:56:49 UTC

And this is why I stop at step 13…
#nevent1q…j69e

2026-07-25 15:58:08 UTC

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Yeah, £400 on a 4TB NVME SSD at the mo…

2026-07-25 15:40:18 UTC

2TB is beginning to not cut it with regard to a bitcoin node + fulcrum electrum server…

2026-07-25 00:06:15 UTC

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Next, cows are made of beef 😅

2026-07-24 23:30:55 UTC

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Just done it. Electrs is no longer in the marketplace.

2026-07-24 21:18:19 UTC

Start9 bitcoin node backed up and updated. Back in business!

2026-07-23 23:18:50 UTC

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#nevent1q…jg48

2026-07-22 21:29:33 UTC

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Such eloquence in the delivery, like you would never believe.

2026-07-22 00:37:39 UTC

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Always having issues with it too.

2026-07-22 00:11:34 UTC

Is #coinos wallet down or not working any more? #damus

2026-07-21 23:59:22 UTC

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Added!

2026-07-21 23:59:12 UTC

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Added!

2026-07-21 23:56:06 UTC

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We can’t escape time!

2026-07-21 23:52:37 UTC

Compiling a “driving” playlist for an upcoming 8-hour drive. Suggestions welcomed. All decades considered.

2026-07-21 22:51:07 UTC

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Why do I want to dive in 😂

2026-07-21 22:22:07 UTC

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Love it when others learn about biology. It’s not all dev work 😁

2026-07-20 21:11:11 UTC

AI be thinking… 😁
1. Let’s acknowledge the strong parts of the “replace fiat with Bitcoin” case:
• Medium of exchange:
Bitcoin works as a medium of exchange today: you can pay, settle cross‑border, and do it without central banks or commercial banks deciding who is allowed. Lightning and similar layers make small, fast payments realistic in practice.
• Store of value and credible scarcity:
A fixed, transparent issuance schedule is miles ahead of “trust us, we’ll manage inflation”, especially after repeated rounds of QE, negative real rates, and stealth financial repression.
• Fiat isn’t “backed by” anything tangible:
The dollar is backed by law, guns, tax authority, and network effects, not by gold or some objectively scarce commodity. That’s both its strength (flexibility) and its weakness (abuse risk).
• Debt‑driven, pro‑cyclical fiat system:
A credit system built on elastic money tends to produce cycles: cheap credit → leverage → asset bubbles → bust → bailouts, then repeat. A hard base money constrains that.
So I’m not “fiat‑brainwashed”; I’m taking seriously both why Bitcoin fixes real problems and why replacing fiat completely is not straightforward.
---
2. Fixed supply: what it improves, and what it breaks
What it improves
A hard cap does three big things:
• It kills the “print our way out” reflex. Governments and central banks lose the option to silently tax savings via surprise inflation.
• It rewards saving and long‑term thinking rather than leverage and chasing yield just to stay ahead of inflation.
• It forces fiscal discipline: you can’t easily roll over infinite deficits in a currency you don’t control the issuance of.
All of that would reduce the frequency and severity of some types of crises, especially those born from monetary excess.
What it breaks or makes harder
Where the fixed supply bites is in coordination and adjustment:
• Credit still exists under hard money.
Even under a gold standard, you had banking crises, panics, and depressions because credit cycles and maturity mismatches don’t disappear just because the base money is scarce. Hard money is not a magic shield against human risk appetite.
• No elastic buffer during shocks.
Imagine a sudden, massive demand for liquidity during a pandemic, war, or global margin call. Under fiat, you get fast expansion of base money plus lender‑of‑last‑resort facilities. Under a Bitcoin‑only base, all adjustment has to happen via prices and defaults, not balance‑sheet expansion. That’s brutally honest, but also brutally painful.
• Recessions don’t vanish; they change character.
With hard money, recessions come more from real shocks and credit misallocation, and they clear via deflation, bankruptcies, and unemployment. Some would argue that’s better than “papering over” problems, but it’s not no‑recession; it’s different‑recession.
So: fixed supply can reduce fiat‑style boom/bust tied to policy mistakes, but it doesn’t abolish cycles. It mostly says: “no more cheating; we take the pain when it comes instead of smearing it with money printing.”
---
3. Volatility: not just classification, but adoption dynamics
Bitcoin’s volatility is partly a side‑effect of it being treated as a speculative asset rather than a unit of account.
But there are deeper reasons:
• Path from zero to global money is inherently volatile.
Any asset going from niche to trillions passes through speculation, bubbles, and crashes. That’s a feature of adoption dynamics, not a label in a regulator’s filing cabinet.
• Reflexivity:
Expectations about Bitcoin’s future role feed into today’s demand. When people fear fiat debasement, Bitcoin spikes; when they relax or need cash, Bitcoin dumps. That won’t vanish until it reaches a very mature, widely distributed holding pattern.
• Unit‑of‑account problem:
Salaries, rents, long‑term contracts are overwhelmingly in fiat. As long as that’s true, everyone constantly “marks” Bitcoin against fiat, amplifying perceived volatility. Even if Bitcoin is the better money, the legacy unit of account is still the lens.
If we actually treated it as currency and denominated things in sats, volatility would drop. That’s plausible—but getting there means a huge change in behaviour, law, and infrastructure worldwide.
---
4. The dollar isn’t backed by a scarce commodity. It is backed by:
• Legal tender law (you must accept it for debts and taxes).
• The ability of the US state to tax a large, productive economy.
• Deep financial markets and a global network of contracts written in dollars.
• A massive military and geopolitical footprint.
That backing is political, not physical.
Bitcoin says: “back value with math and scarcity instead of political power.”
Fiat says: “back value with institutional and coercive power instead of scarcity.”
From a moral or philosophical standpoint, Bitcoin’s model is cleaner. From a real‑world standpoint, those institutional levers are exactly what states use to stabilize and coordinate during crises.
So the question is less “is fiat backed by nothing?” and more “do you want to replace institutional backing with purely protocol‑based backing, and accept all the implications?”
---
5. Thinking outside the box: what a Bitcoin‑based world might really look like:
1. Base money: Bitcoin only (or overwhelmingly).
2. No central bank control over issuance or surprise inflation.
3. Governments live on explicit taxation, not stealth monetary taxation.
4. Credit exists but must be funded from real savings, not cheap elastic reserves.
5. Prices, wages, and contracts mostly denominated in sats.
What changes:
• Governments get smaller (or more honest).
They have to explicitly tax or borrow in markets; no quiet debasement. That constrains war, large welfare states, and bailouts. You get more limited, transparent government—if people actually accept the trade‑off.
• Asset prices deflate relative to fiat expectations.
With no forced inflation, long‑duration assets won’t get constantly pushed up by cheap liquidity. Housing, stocks, and bonds would be priced differently—possibly more affordably in real terms, but less “up‑only”.
• Personal responsibility goes way up.
No meaningful inflation to erode debts; no central bank put under markets. That suits people who plan, save, and take risk carefully. It punishes those who rely on the system to cushion them.
• International power rebalances.
States that accumulate Bitcoin reserves (or that mine / secure the network) gain monetary leverage. States that refuse to adapt lose it. That can be good for some, chaotic for others.
To me, that is outside‑the‑box thinking compared with the current fiat paradigm. It ends a certain kind of fiat‑driven cycle, but human behaviour and shocks still exist.
---
6. Where Bitcoin fits best right now
Instead of treating it as “all or nothing”, there’s a middle path that preserves the upside of Bitcoin without pretending that present‑day institutions vanish overnight:
• Parallel hard reserve asset (“digital gold”).
States, firms, and individuals hold Bitcoin alongside fiat, reducing their exposure to monetary abuse and providing an escape hatch.
• Neutral settlement layer for cross‑border payments.
Bitcoin (plus layers) can act as neutral rails where neither side trusts the other’s currency or institutions.
• Opt‑in money for those who want it.
People who share your view can already live heavily in Bitcoin: earn, spend, save, and price things in sats within communities that accept it.
Over time, that parallel track can grow strong enough that “fiat‑only” becomes the weird choice, not the default. At that point, a deeper transition is realistic.
---

2026-07-20 20:47:47 UTC

AI getting defensive… 😂
“So I’m not “fiat‑brainwashed”; I’m taking seriously both why Bitcoin fixes real problems and why replacing fiat completely is not straightforward.”

2026-07-20 17:36:39 UTC

It was literally a PM swap that took an hour or so, including speeches. MSM made it feel like all day and they’re still rabbiting on.
#uk

2026-07-06 13:35:20 UTC

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The more bitcoin that gets exchanged for fiat the better. And the more fiat that gets exchanged for bitcoin the better. #WinWin

2026-07-04 19:28:30 UTC

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You were right about us Brits not going to dentists. I hadn’t been since 2001. However, apparently my teeth are in very good nick generally (good genes?) but I do need two small fillings. They have promised composite fillings at no charge. Not complaining…

2026-07-04 19:20:38 UTC

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Volunteer guinea pig. Had to sign my life away first though 🤣

2026-07-04 19:16:54 UTC

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I’m currently a guinea pig for final year dental students in Fife (Dundee mainly). They’re supervised by senior qualified dentists so the work is top-notch and I get really pampered too. 🤣

2026-07-04 19:09:36 UTC

Buy iPhone 17 Pro now or wait for 18 Pro 🤔

2026-07-04 18:41:53 UTC

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British company already shitted…
https://www.techspot.com/news/108173-builderai-collapses-after-revelation-ai-hundreds-engineers.html

2026-07-03 18:03:05 UTC

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🫡

2026-07-03 14:26:30 UTC

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Good luck! Was certainly a fun journey! I’ve taken the pop-in pop-out approach in recent months because life > online social life, but certainly gonna stick around. See you about! 🤙

2026-07-02 21:43:40 UTC

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Same can be said for shitty personalised number plates, especially with embossed letters, on very average cars.

2026-07-02 21:40:51 UTC

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Nah, UK wide!

2026-07-02 21:20:55 UTC

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Those and tattoos. Everyone.

2026-07-02 18:31:22 UTC

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There’s also the question of running one’s own relay.

2026-07-02 18:26:45 UTC

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It was but I am not going anywhere else. The rest is even shitter IMO, but then I was never one for “social media”.

2026-07-02 18:20:17 UTC

Cars: typically hate them. But because I like mechanical things I’m going to rank the three cars I’ve owned in my life. Starting with the best:
1. Audi A1 Sport TFSI 1.4 manual 3-door hatchback. 4-cylinder (turbo). Very nippy (similar to driving the Renault 5 GT Turbo I used to borrow on occasion), reliable, started every time, economical (Cylinder on Demand (CoD) engine tech where the 4 cylinders dropped to two on low demand), AC never failed, easy to maintain, cheaper tyres, handled well. A bit small but with seats folded down it was like a mini-van. Nothing failed. Even has space for a spare tyre. ABS and anti-slip (ESC) alway worked reliably. Less keen on front wheel drive. Battery in boot. Only issue was a failed fan blower resistor that I replaced. Easy to park. Alloy wheels. Cupholders. 🙂
2. BMW E34 520i manual saloon. 6 cylinder - very smooth. Reliable. A bit thirsty. Totally rust-free. Handled amazingly for a large car. Loved the rear wheel drive. Very few issues. Started every time (even after weeks of non-use). Battery in boot. Rear bushes wore out leading to a rear wobble sensation around corners (replaced them and felt like new). Spacious. Electrics always worked. ABS was solid, especially in icy conditions. No AC. Alloy wheels. No cup holders. Fixed rear seats.
3. Mercedes 230e W124 auto saloon. Solid. 4-cylinder. But old-school distributor cap meant variable reliable morning starts and was prone to ware. Very smooth ride although a little wallowy around corners. Loved the rear wheel drive. Very spacious. Fuel economy better than the BMW. Alternator brushes failed leading to electrical issues (wipers and indicators) - easy fix though. Radiator leak and a sticky thermostat. ABS very reliable. Probably the most accessible car to work on (easy access to everything). No AC. Steel rims. Fixed rear seats. No cup holders.
I guess I like German cars 🤷🏻‍♂️ Biased? 😂

2026-07-02 17:28:21 UTC

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It’s actually bonkers when I think about it. A lot is wrong.

2026-07-02 17:26:28 UTC

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You have a child - changes a lot when it comes to priorities. But I get ya! The pressures are real. Number 1 is your child as you already know. Take comfort from observing the summer time people do what they do, knowing that they’re probably just trying to momentarily escape their responsibilities. 🫂

2026-07-02 17:15:50 UTC

Why are the basic needs (shelter, food, water, clothing) for basic living often so difficult to achieve for so many? It should be the base default for everyone around the world from which they can then grow from.

2026-07-02 17:04:25 UTC

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One needs to eat.

2026-07-02 17:02:01 UTC

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And I should add to be decent and respectful too. The rest is by and large meaningless.

2026-07-02 17:00:31 UTC

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The key is to really not care. Just do and live.

2026-07-02 16:55:47 UTC

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No excuse to disrespect the lawn. Bro should reevaluate relationship.

2026-07-02 16:52:49 UTC

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😂 both Pulp Fiction and Seinfeld episode most excellent! Can confirm walk and both ciabatta’s were most excellent too…
https://media1.tenor.com/m/1EQXe8GMqmsAAAAC/snowball-throw.gif

2026-07-02 15:27:15 UTC

I’m going for a second ciabatta sandwich loaded with pastrami/gherkins/mustard/rocket/truffle cheese because…
1. The walk gave me an appetite.
2. The first sarnie was not enough.
3. I still have some wine remaining.
4. Unresolved relationship issues.
5. Fuck it.

2026-07-02 14:32:26 UTC

Screw everything, I am going for a walk! Then I am going to drink some wine accompanied with a ciabatta, loaded with pastrami, pickled gherkins, truffle cheese and some wild rocket.

2026-07-01 18:06:00 UTC

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Same! Was a nervy watch 😅

2026-07-01 17:50:47 UTC

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And again! ⚽️!

2026-07-01 17:16:02 UTC

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Very frustrating game!

2026-07-01 10:39:31 UTC

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Not a smartphone in sight!

2026-06-22 18:13:30 UTC

https://youtube.com/shorts/cPOyFWdTe64

2026-06-16 09:33:16 UTC

Which boils more oceans? Bitcoin or AI? #msm

2026-06-12 12:41:33 UTC

I miss all the, #bitcoin will be $250k, $500k, $1m, $10m in X number of years predictions 🤣 They were funny…
#nobodyknows

2026-06-09 20:45:18 UTC

I worked for the government once. I lasted 3 months and that included training.

2026-06-06 17:42:36 UTC

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Why thank you sir! Will fire it back. Testing my previously empty Spark/Breez wallet in @nprofile…4k44

2026-06-06 17:17:25 UTC

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NOSTURL

2026-06-06 17:12:04 UTC

An invoice test - and reliving the old days 🤣
lnbc210n1p4zg4rdpp5mjujq8gvny8zaj3nksgr5gx5eqxyx4xe3mllmckfv56zpw007egssp5w265537e5v83f97unjqcn0a2up0vn3shuf7muqacu0v6lmx0ddsqxqyz5vqnp4qvyndeaqzman7h898jxm98dzkm0mlrsx36s93smrur7h0azyyuxc5rzjq25carzepgd4vqsyn44jrk85ezrpju92xyrk9apw4cdjh6yrwt5jgqqqqrt49lmtcqqqqqqqqqqq86qq9qcqzpudpg23jhxarfdenjq6twwehkjcm9yphx7um5v9kxw6tp9qyyssq7kv0zenztv0hmj2eu57mw0amvn303wqhpkrusjwfw9j5t2htetw8n7l7lv6e6fy24s7f29df762758xcktjxvmfl6rc0n8hj6lrh0fcpf5syf4

2026-06-06 16:51:56 UTC

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I assume the horse shit “regulation” that says you’re a criminal if you try to withdraw more than $999 in a week. Pure oppression.

2026-06-06 11:18:48 UTC

Have to say @nprofile…4k44 feels pretty slick on iOS.

2026-06-05 21:12:21 UTC

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Maybe some big very short-lived fiat gains for the inside players but hands are going to be so burnt.

2026-06-05 21:07:24 UTC

Big IPOs/Listings about to happen. Probably why stuff is shifting.

2026-06-05 18:52:51 UTC

Can’t zap. Possible issue with @npub18m7…q955 and coinos wallet?
“Wallet reported an internal error. Message: External withdrawals temporarily disabled.”
https://image.nostr.build/149cd3d617e2ab79910d6382d88254eea2bbd2423b5bcd7dbafc5b88d1c9c99e.jpg

2026-06-05 18:49:21 UTC

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I’ll try zapping again… might be @npub18m7…q955 or coinos issue?

2026-06-05 18:48:20 UTC

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Amazing what these cameraphones can do these days. They’re inherently good at close-ups - a function of a tiny sensor where the depth of field is greater and the minimum focus distance is shorter (compared to a DSLR). Great for macro photography.

2026-06-05 18:40:25 UTC

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Also can’t zap you. On @npub18m7…q955 and coinos wallet. Lovely photos!

2026-06-04 15:17:42 UTC

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😁

2026-06-04 15:15:45 UTC

The only chart you need…
https://image.nostr.build/b74d406758a68245608ba9b52fdb9d85eac1d484fadfbf3243e0a415e36d9318.jpg

2026-06-02 19:56:33 UTC

Is bitcoin “going down” or is fiat “going down?” 🤔🤣

2026-05-29 23:11:15 UTC

I may not say much here, but I am following you…
https://media1.tenor.com/m/JD_Y6Z2MmhwAAAAC/james-doakes-dexter.gif

2026-05-25 20:37:30 UTC

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https://media1.tenor.com/m/vvnB-IHC4FkAAAAC/make-it-so-picard.gif

2026-05-17 18:12:18 UTC

Perhaps bitcoin will be Mars’ global currency (if we get there)?

2026-05-17 17:58:03 UTC

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Paper bitcoin, paper hands!

2026-05-10 09:36:32 UTC

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Time for the brown wheelie bin to be filled…

2026-04-22 14:34:21 UTC

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Guilty! 🤣 Offline life has taken over somewhat too. But…
https://media1.tenor.com/m/cDcZ-eJLH3wAAAAC/exterminador-do.gif

2026-04-22 14:29:59 UTC

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🤣

2026-04-14 01:59:32 UTC

Sometimes I need to disconnect to rediscover who I am and what truly interests me. And that disconnection isn’t just digital.

2026-03-18 03:20:49 UTC

It’s new around here…

2026-02-24 13:39:36 UTC

“It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy.”

2026-02-15 09:44:54 UTC

Fort Knox audit loading…
https://media.tenor.com/dDC1ilfptRoAAAAi/hmm.gif

2026-02-11 15:57:54 UTC

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Definitely! I’m still enjoying it all though despite being less involved. Just spending less time online in general now.

2026-02-11 15:51:49 UTC

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😁 We’re getting there! Third topic next!

2026-02-11 15:41:41 UTC

Muted “AI”, muted “Bitcoin”
Checked NOSTR timeline… 🤣
https://media1.tenor.com/m/tzi_t7qHMNkAAAAC/fucking-nothing-leonard-geist.gif

2026-02-10 17:16:51 UTC

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Ooh I know this one. All the people on the boat are married. No one is single 😁

2026-02-06 14:10:31 UTC

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Either way, you’ve inspired me to give it a go. Coming up with a website idea is the first hurdle 🤣

2026-02-06 13:48:00 UTC

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You should make a step by step video. Would be interesting to watch.

2026-02-05 23:02:08 UTC

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Sounds like a good gig. Don’t promise too much initially is all I can say - it’s always more work than meets the eye. Pinpoint the current issues with them, make a time line to sort, cost it up in terms of hours/day rate. Only suggestions mind you. Hopefully others here can give you their perspective too.

2026-02-05 22:51:54 UTC

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😁 Just a little BTC=BTC tongue-in-cheek.

2026-02-05 21:00:40 UTC

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Have they had any other quotes from “website design” companies? Useful to find out if they have as they may have been put off by those already and it will give you a ball park figure to perhaps undercut a little. It’s also usually an ongoing gig as they’ll no doubt want to make updates (which said companies charge for too) unless it’s a very static site. Can be a nice little earner. Good luck!

2026-02-05 20:42:29 UTC

I just checked my bitcoin balance in cold storage. It hasn’t changed. What is everyone going on about?

2026-02-05 13:25:01 UTC

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Truth

2026-02-05 13:08:55 UTC

If you’re getting stressed because “the price” has gone down then it’s likely you’ve used fiat that you couldn’t afford to lose.

2026-02-05 12:45:53 UTC

We well never see $__k again.
Fill in the space 🤣

2026-02-04 17:59:03 UTC

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From a personal perspective, I really don’t know what’s going on any more. All I know is less online time has been far more rewarding for me recently. 🤷🏻‍♂️