Young professional in the US, on the Bitcoin/Lightning network.
Public Key
npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv Profile Code
nprofile1qqs0gmxs44xh8fv4dncexqyennn5cghsa58en3mxkzynt05whkdfyzcpp4mhxue69uhkummn9ekx7mqpz4mhxue69uhhyetvv9ujumn0wd68ytnwv46qyshex0
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Published at
2024-04-13T13:21:55Z Event JSON
{
"id": "764157a1ce8bf071f1ad5a2c4c4c65e0879022239c5d9b792c87fb1856aa8eff" ,
"pubkey": "f46cd0ad4d73a5956cf19300999ce74c22f0ed0f99c766b08935be8ebd9a920b" ,
"created_at": 1713014515 ,
"kind": 0 ,
"tags": [],
"content": "{\"lud06\":\"\",\"website\":\"\",\"picture\":\"https:\\/\\/pbs.twimg.com\\/profile_images\\/1599223032408690688\\/7cvVkgef_400x400.jpg\",\"display_name\":\"A\",\"nip05\":\"\",\"banner\":\"https:\\/\\/pbs.twimg.com\\/profile_banners\\/3168072490\\/1660885691\\/1500x500\",\"lud16\":\"[email protected] \",\"name\":\"A_HODL_21M\",\"about\":\"Young professional in the US, on the Bitcoin\\/Lightning network.\"}" ,
"sig": "1c791eb09ec94b523e04977b19361f6e92460ffe605383a6225c1d4abe1052092a77188e646b8e7d9174cd26d8ab57025fd6bd481f2944ee49d276ab407dc8bc"
}
Last Notes npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Thank God! npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M I’m really glad you guys are Bitcoiners. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Attention to Bitcoin grew by orders of magnitude from 2010-2015, and grew by a large integer multiple during 2015-2020, and still grew a lot from 2020-2025. But now, I think attention is largely saturated. Bitcoin doesn’t hold the attention of the human race like other things—sex, food, entertainment. Bitcoin is money, so it’s rather unreasonable to expect humanity’s interest in Bitcoin to grow beyond their interest in money itself. Therefore, a working hypothesis is that it may be more accurate to model Bitcoin’s price as the product of two functions—a saturating (Hill) power law, and a pure power law. I hope this hypothesis is wrong. https://blossom.primal.net/d46bcd38aa0b3894824bb5f829e35c3cf6039c80e4df616a6b2cd7df22d2ec02.jpg https://blossom.primal.net/c461704785d62282364692a1a40a16801e4dd9d39a7c891844232d30bbdfa2fc.jpg https://blossom.primal.net/195de10e314898dacaf4ec8a2a6773fa359e248353cae4c1449df61b71eef51d.jpg https://blossom.primal.net/e0c51b45e5a2cb655f11407ff13d82be21d05ed8da00943a5e283fedb0e789a9.png npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M I know. I’m referring to the broader ecosystem. Lightning Labs still dragging their feet? Idk. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Cool. Still not sure why BOLT12 hasn’t been prioritized. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Sweet. Was one of the bugs the apparent “double load” of my wallets at startup? Cuz it seems to be fixed, now. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M I’m jealous, I wish such a pizza shop was located near me. Of course, there is a small amount of Bitcoin flow. I pay my barber in BTC whenever I get my haircut, but I don’t have many other local opportunities to spend my sats. The growth of business adoption is so tiny, I suspect business adoption will remain under 2% for the next decade unless something very extreme happens, e.g. all oil out of Hormuz must be paid for in BTC, or Federal Reserve starts accumulating BTC, or major utility corporation adopts Bitcoin and provides a discount to customers who pay their electric bill with BTC, etc etc. Even if none of those things happen, 2% business adoption by 2036 is still excellent progress if the time horizon of this project is 1000+ years. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M What is wisp? npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M People who HODL Bitcoin are also likely to be frugal. They are not likely to drive to a coffee shop and pay 6000 sats for a cup of coffee, merely because the coffee shop has a Square terminal and can thus accept BTC payment, when they can just make the coffee at home. I am once again suggesting that Bitcoin circular economies can be super-catalyzed if utilities corporations begin accepting BTC as payment for electricity, as almost every business uses electricity as an input cost to their business. If there is practically zero B2B flow of Bitcoin then there is also likely to be very little C2B Bitcoin payments. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Average fees, priced in sats, will continue to trend down, because sats are truly scarce, while energy and knowledge are both increasingly more abundant. The price of all things—things that are quite stable in quality, like commodities, or well-defined and standardized services—will trend down when denominated in sats. This includes the fee attached to the transaction of sats. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Okay, I’ll try to remember to do that next time it happens. Thanks. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Can you guys fix the stability of connections to remote nodes? Seems like almost every time I connect to one of my nodes, I get a connection error after a few minutes and I have to restart the app. It happens even if I’m connecting over LAN. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M GIF post test https://blossom.primal.net/35bdff86a52f07311c2c8e18b92629821cba45ccec44f938ec589be91b8fecf1.gif npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M I think gold hit its 2020s peak, and it’s just gonna go down from here. A 220% premium above cost-of-production is ridiculously high in a modern, global, efficient market. Unless inflation really starts to rip higher, I expect gold to descend to $3000-$3500 range within 5 years. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M https://primal.net/e/nevent1qqszhpqndxlxp0p3vf0ng3aj2q5mf00zkztajxddp6zl4kk2gpcg0uc42ld2p npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M https://blossom.primal.net/3a0d3591b0844ef8dcf9ae0d6e311c9bd11132da34c7171c28189538fb45f17e.jpg npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Never heard of hybrid Lightning address. Is that somehow an LNURL address combined with BOLT12 address, so that the payment can be completed using either method? npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Timestamp? npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Just as we went through the phase of “there’s an app for that,” I think we are soon going to go through a decade-long phase of “there’s an AI model (app) for that.” npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Let’s just hope it doesn’t win too hard, lol. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M @npub1aku…sr69 test npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Mining companies should be making an effort to merge with, or acquire, energy generation companies, so they can catalyze Bitcoin circular economies in every nearby industry. Nearly all businesses require electricity, and if their electricity is payable in Bitcoin then they will have an incentive (other than speculation that it’s a store of value) to accept Bitcoin as payment and as a medium of exchange. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Is your barber local to the P-ville, C-ville area? -A, from your local meetup. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Trying to get BOLT12 to work on Umbrel CLN.[email protected] https://m.primal.net/JPde.jpg npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M BOLT12 won’t become really popular until Lightning Labs fully develops it in their LND implementation. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Box of meat from Beck & Bulow. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Latest analysis: 70% chance that the Bitcoin halving will occur on 4/20. https://m.primal.net/Hulq.jpg npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M #Bitcoin chart https://pbs.twimg.com/media/FpnYV6wWcAEQtg3?format=jpg&name=large npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M #Bitcoin https://pbs.twimg.com/media/FpnYV6wWcAEQtg3?format=jpg&name=large npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Nah. I wear mine to work all the time, and around family. npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Wasn’t Zion supposed to do the same thing that Nostr does? An uncensorable social media platform? npub173kdpt2dwwje2m83jvqfn888fs30pmg0n8rkdvyfxklga0v6jg9ssqewqv A_HODL_21M Could be either because we have “NOtes” and “Other” things.