Last Notes
you can verify literally all of them. Just look at the Primal code. It’s not a secret that it reads exclusively from their centralized caching service.
It’s also not a secret what a federal plea deal costs with a private attorney. You can call a few up today and get a few quotes, and find one to do it for 30-50k.
Compounding the fraud is that he is still doing the exact same thing, and engaging the same conflict of interests. Now he is out promoting Bitkey. Bitkey has insane risks attached to biometrics and inheritance. Why is he promoting it? Because he is personally financially connected to the founders of Block. If he were acting in people’s best interests he would be recommending Trezor, but instead he is recommending yet another risky “innovative” wallet because he is financially connected to the people responsible. He repeats the same corrupt behavior endlessly. He’s a piece of shit scammer.
It isn't just this incident either, he lost a million fucking dollars on the Samourai deal. A million dollars was raised for a fucking plea deal. A federal criminal plea deal costs maybe 30k, potentially slightly more. He burned roughly 950k out of incompetence or corruption. We don’t get an accountancy of the funds, so it’s hard to tell which.
He also grifted all of Jack Dorsey’s money earmarked for Nostr into Primal, which is not a Nostr client at all. It’s a centralized service that happens to publish data to Nostr, but when you read notes on Primal it reads from their “caching service” exclusively, and does not use the Nostr protocol at all for reading data. They have been caught red-handed using this centralized server for censorship.
He also similarly supports Spark projects. All Spark traffic goes through a single centralized server which gives them the power of surveillance and censorship. Sound familiar?
This is what Odell does repeatedly: fund shitty censorware and surveillanceware and lose a ton of people’s money. He’s a corrupt, scheming piece of shit and you are a fucking cuckold pay pig that needs to break out of the Stockholm syndrome that your parasocial relationship has put you into.
He’s not 100% responsible. When you are only a part of a criminal conspiracy we call that being a “co-conspirator”. Generally you are punished according to the law with equal weight to the actual perpetrators, even though you may have only been a small part of it, you still planned to commit fraud. Odell committed fraud against depositors, and fraud against the public by using OpenSats to enrich his Ten31 portfolio. He deserves to be judged negatively for being a fraud, even though it was NVK that is the chief proximate cause of the loss of funds, he is still morally responsible.
Austrian economics does NOT say you need a hard capped monetary supply.
A percentage increase, that also fluctuates, and most important is controlled arbitrarily, is bad, because you can't really plan for it.
Monero and Bitcoin have a decreasing percentage of inflation, while Bitcoin's stops in the year 2140 stops, while Monero's will not.
If you then add coinloss on top, both probably already are deflationary.
no. You just generate your watch wallet, drop in your widget and go. It is completely sovereign. no accounts. No service fees. Completely private and works with a completely offline wallet so you don’t need to worry about losses. Only requires you to plugin your view key.
https://github.com/SlowBearDigger/xmr-pay
no server-side code handling a hot wallet*
I know it isn’t Bitcoin but try looking at xmr-pay. It is an easy, drop-in widget that takes Monero payments. Simple javascript, no server-side code, no hot wallet, only needs a watch wallet. If there were something equivalent in Bitcoin I would recommend it, but that’s not possible with the atrocious LN protocol.
To say BTC has a fixed supply is kind of wrong. It will increase until the year 2140 and then it is capped and won't grow any longer.
And it is also wrong to say Monero's supply is infinite because for everyone currently the supply is steadily inflating about 0.85% per year, just like the BTC supply is. They're currently basically identical.
Only if you look at them at a infinite timescale, then you could argue that Monero's supply is infinite, but no human could experience that, so it basically is a useless metric.
Yes, true. But that's why the Monero community is very conservative in adopting new cryptography and always going multiple audits before changing stuff (I mean that's one of the reasons why I prefer XMR over Zcash).
But if I need to choose between a very tiny chance of an inflation bug and no privacy in a hostile environment, I'll gladly take the tiny chance of a hidden inflation bug and sleep well knowing I (or others) won't doxx themselves using it.
It depends on which service you use and how much you get, but usually a low single digit percentage.
You might not know that, but the transactions that create new XMR are not hidden, so you can just sum up all of those coinbase TX and validate the current Monero supply.
And if you look at Austrian economics, nothing says you a need a fixed supply of money for the perfect money.
As long as it's not inflatable by a single group arbitrarily, every participant can predict the future growth of the supply etc. (Btw BTC is inflationary until the year 2140, so your argument would be invalid until then)
And giftcards are a very usable workaround (I use them regularly). I mean I'd love to be able to just use crypto everywhere directly, but that's still quite far off I feel like. In some supermarkets in Switzerland you can already use Monero & Bitcoin to pay directly, but for most situations giftcards are the needed workaround for now.
'A settlement layer must be globally liquid'
Depends on how liquid it needs to actually be, but yeah with BTC not getting delisted any time soon (probably) it's liquidity will be better than XMR's for the foreseeable future.
'predictable'
Monero's supply is as predictable as Bitcoin's. For the rest of time it will increase by ~158k XMR per year, which gives it currently basically the same inflation rate as BTC (about 0.85% p.a.).
'neutral'
What ever is meant by neutral? Monero has basically no concept of tainted coins and no mining pool can censor any particular TX or user (thanks to the privacy), so it's arguably more neutral than BTC.
'secure'
Monero's network is very similarly secured to BTC's when it comes to the ratio of 'electricity needed for mining'/'marketcap' and 'cost of mining hardware'/'marketcap'
But when it comes to security for the user, Monero is much more secure (especially for the not so techy user) thanks to the always on privacy. I can introduce my grandma to Monero and don't have to worry about her exposing her wealth to the whole world etc.
'widely accepted'
In Europe you can basically buy everything except houses with Monero, as there are lots of giftcards for different stuff available and thanks to services like ShopinBit/ProxyStore.
But let's not fool ourselves here, the general acceptance rate of Crypto (regardless of which one) is way to low still.
'Bitcoin is the only digital asset that satisfies all of these simultaneously.'
That is, as I have argued above, not true.
Have you actually looked at the trade view graph? That's ~12years of history where Monero out competed Bitcoin in the long run (currently).
The other stats just are two of the most recent points of data for showing that people tend to use XMR more than BTC (which could suggest that Monero seems to be the better settlement layer).
If you want more data from Nano-GPT you can look here for example: https://nano-gpt.com/blog/2025-year-in-review-payment-stats
ShopinBit's usage data can be found on their Twitter account: https://xcancel.com/shopinbit/status/2076939737546305755
If you want more datapoints:
https://xcancel.com/mynymbox/status/2070179538634490075
https://xcancel.com/OrangeFren/status/2085704830069133612
So what ever makes you think 'BTC is the better settlement layer' you might want to rethink that ;)
If you have any questions about Monero, feel free to reach out :)
Way to miss the point. his violation of moral and legal ethics lead to Bitcoiners who followed every rule and guideline he gave them losing 100 million dollars. Removing his ability to do it again is like imprisoning SBF or Alex Mashinsky. It’s a moral imperative. Fraudsters must be punished.
he's the biggest problem in Bitcoin right now. Odell delenda est.
Is it (BTC) though (the best settlement layer)?
https://image.nostr.build/861a8fe4ab2efb2cf8779faeb1ba1c0f8e3f81dc25cef4730556d1c0a7277999.jpg
https://pbs.twimg.com/media/HNLEBMlXMAATS8_.jpg
https://image.nostr.build/057458ae04bc11c2e7fa54b0c8d4d6c23375ecfcc4267493ea8926358d963394.jpg
i think it is even more awkward and stupid user experience than I might come to expect of nostr these days
> This is perhaps a strained example (ColdCard
I don’t know man, NVK is a jew, seems not very strained
it's funny because he deleted all his tweets that promoted coldcard but not the ones that he exchanged with nvk. He tried to hide the evidence but completely halfassed it.
DO I LOOK LIKE A JERKOFF FINANCE PODCASTER? I DONT FUCKING KNOW AND I DONT CARE, ALL I KNOW IS THAT THESE PEOPLE SHOULD BE BEATEN
YOU ARE NVK’S PERSONAL FRIEND AND PROMOTER
YOU HAVE TONS OF TWEETS YUKKING IT UP WITH HIM
YOU AIRED HIM AND HIS FUCKING TRASH ON YOUR PODCAST DOZENS OF TIMES
YOUR OPINION IS WORTHLESS, FOREVER. SHUT THE FUCK UP PODCASTER SCUM. SHUT THE FUCK UP. THE PEOPLE DO NOT NEED YOU TO RUN YOUR FUCKING MOUTH. THEY NEED YOU TO APOLOGIZE, GIVE ALL YOUR MONEY TO THE VICTIMS, AND KILL YOURSELF IN SHAME
https://image.nostr.build/7b7569f2578f6b25e01ca1c0908da42e2b2a63141e20191ad7e3b1e7863fa041.jpg
https://image.nostr.build/699822262459699ec180faddcb560d760049f59dfee97024ae1f036ad16802af.jpg
https://image.nostr.build/a7f4e1003114e8f8174fdd535cb7c7f03019915910db0eae2a3e799ee7831986.jpg
If these people go physically unpunished, Bitcoin is over. It’s a fucking shitcoin.
If they call themselves a Bitcoin educator, break their knee with a fucking bat. Seriously. Physically assault and cripple these people. All of them.
If you see a Bitcoin podcaster in public, spit on them. Seriously. Spit in their fucking face.
the most arrogant people in Bitcoin are podcasters, and the people shipping the products that fund them — NVK is the archetypal example of this. And nobody ever told you, NVK, or Odell to “stay humble” or “put your ego aside.” But maybe it is time for that. Maybe it is time for everyone that spent the past decade blabbing into a microphone to sell criminal scams to SHUT THE FUCK UP. SHUT UP PODCASTER SCUM. SHUT UP PODCASTER SCUM. SHUT UP PODCASTER SCUM. KEEP YOUR FUCKING FAGGOT OPINIONS TO YOURSELF. YOU PEOPLE HAVE BROUGHT BITCOIN TO THE FUCKING BRINK.
tfw when I look at the grammar of my latest drunkpost a single minute later. It’s the counterpart to l‘esprit de l'escalier, the mental clarity of the slightly more sober man
this is the kind of "stay humble” mantra that Odell and NVK uttered at their pay pigs while they were leading them to slaughter. Bitcoin was supposed to be *money* and a cornerstone of a financial, not a call to a speech-policing monastery. Money people actually want to use does not ask them to “put their ego aside.”
I didn’t support BIP110, I think Luke is a fucking kook, and I had no problem with OP_RETURN, and I support many use cases of cryptocurrency that I think they falsely label “non-monetary” like contracts, but the BIP110 crowd are still better and more earnest than this crowd of condescending cultist mantras utterers lead by corrupt podcasters and their stable of venture capital investments into scams.
the scam that was readily apparent at the time is that NVK and miljan were producing obvious subpar products, but Odell was giving them money and promotion because it brought him the most social benefit. This is contrary to the concept of fiduciary duty, where a board member has a moral and legal obligation to act in the best interests of the mission of the nonprofit, as well as a violation of his fiduciary duty as an agent of capital investment, where he has the moral and legal obligation to act on behalf of the interests of Ten31’s depositors. That this twofold criminal violation of his fiduciary duties, both at the nonprofit and the venture capital firm he works at, lead to the largest cold storage self-custody loss in the history of Bitcoin, is a tragedy. But the legal and moral violations happened the minute he engaged in it, before the mass customer losses.
Odell does not have a good heart. He, alongside NVK and miljan, worked for years to use OpenSats to enrich Ten31 investments, a conflict of interest, and to specifically sabotage the businesses through slander campaigns and grant revocation who were competitors to Odell’s Ten31 portfolio or blowed the whistle on this scam and fraud:
#nevent1q…w0dm
Damus developer jb55 talked about this months before the collapse, and in return they sabotaged his business and attacked him personally.
https://knowyourmeme.com/memes/navy-seal-copypasta
literally you
Spoiler alert: jb55 did lose his grants for blowing the whistle on the fraudsters Odell and NVK months before the collapse. If OpenSats and Ten31 had any integrity at all, they would publicly apologize to him, fire Odell, and give jb55, the person that acted with personal integrity at great personal expense Odell’s current position and compensation.
How has he been successful? He’s only shilled subversive products that hurt Bitcoin and run a shitty podcast. Maybe he’s made some money, but all that money is the fruit of a poisonous tree, made at the expense of honest Bitcoiners and at the cost of their life savings. It was publicly known for years that Odell was assisting incompetent and bad actors in a racketeering and scam ring, with OpenSats grantees who had direct access to it testifying *in public* to such facts. And in return, these people with integrity had Odell and NVK sabotage their businesses and revoke their grants.
#nevent1q…w0dm
Retarded post. If a scheming fat Brazilian kike steals your family’s savings, it is not time to talk about “personal responsibility”. It is time to punish him and the people that worked with him to defraud the public. This shameless sucking off of this corrupt venture capitalist is disgusting.
Nosdag ate a couple of my recent follows after I opened it, saw that it was still following someone I had unfollowed, and unfollowed them again on Nosdag
https://image.nostr.build/3eb3c24c11f579afd5aac1cea7e044604c00541c702cc531ee94cdef06875063.jpg
Ha, my effort at making a thread just discovered another bug. I believe no replies beyond 3/10 are visible in thread view.
Oh well, fixing now.
10/10
Replies from people you follow attach to your threads automatically. Replies from strangers wait in Requests until you decide, and what you endorse publishes as a curation signal others can use. That's the Nosdag view, a regular Nostr client still shows everything.
Also in there: long-form articles, encrypted DMs, bookmarks, search, paywalled notes, and an importer for your pre-Nosdag timeline.
It's an Electron app. Linux tested. macOS tested on Apple Silicon but unsigned, so it needs xattr -cr once. Windows completely untested, since I don't own one.
Or clone the repo and run from source on any OS.
9/10
There's an anonymous mode: a Tor daemon, a v3 onion service, an IPFS node that dials only over Tor, and onion relays in place of clearnet ones. If the Tor daemon dies, network access is cut. No silent fallback to clearnet.
Already run a tor router or a Whonix-style gateway? Point Nosdag at it instead. One trade-off it tells you up front: without control of that Tor instance it can't publish an onion service, so you can read the network but nobody fetches from your node directly and it also means no one can pin your content on their node.
8/10
Payments are Monero, because a tip on a public timeline is a public payment. Monero keeps the amount, the sender and the receiving address off a readable ledger.
The wallet is built into the app to tip a note, or the author directly. It's called the Tip Jar deliberately: it's for tips, not for storing your savings.
Tips are secret by default. You can choose to disclose one on-chain and earn a verified badge on it, but that's permanent and public. You can also point it at your own Monero node.
7/10
Nosdag shows a trustless count of how many nodes hold your content, taken from the DHT, and marks each note as backed up or only here.
What it won't do is name who hosts you. Publishing that would map the social hosting graph onto public relays, who pins whom, readable by anyone, forever. So it stays just a count.
6/10
Your node isn't online all the time, so two things keep content reachable.
Cloud Bridge. You can link an IPFS pinning service and your notes stay up while you sleep.
Hosted Follows. The real social part. Follow someone running Nosdag and you can host them from your own machine: their notes, or their notes and media, your call, inside size caps you set. It's a way to support an author with nothing but the spare space on your disk, and it keeps their content serving when they're offline.
Or run neither and accept you're reachable only while the app is open. The app tells you which of the three is actually true for you.
5/10
Media goes to your own node, referenced as ipfs://. No third-party image host, nothing to rot when a service folds or decides your file is a problem. Any size too, video streams straight off disk rather than being loaded whole.
Up to 10 files per note. Video and photos get metadata stripped first, and HEVC gets converted so it plays for everyone.
If your node can't serve a file, Nosdag races public IPFS gateways. If those fail too you get an honest "media resting" marker instead of a broken image.
4/10
Discovery is one small pointer on relays saying: newest note, right here. That's the entire mechanism.
A reader resolves the pointer, fetches that note from IPFS, then walks backwards, checking every signature and confirming each link matches what you actually signed before trusting a word of it. Nobody can quietly hand a reader a doctored chain.
3/10
Each note is stored as a signed Nostr event wrapped in a small object that points back at the one before it. Your notes form a chain.
The useful part is that those links are real, not just references. Pick up the last link and the whole chain comes up with it. Ask for the newest note and you get the entire history, no index to fetch, nothing to keep in sync.
Same trick is why your whole history exports as a single file you can back up and re-import anywhere.
2/10
The problem it's aimed at: we ask relays to be permanent storage for everyone's content, forever, for free.
That doesn't scale, and it quietly decides who gets to keep hosting. Storage costs someone money, and whoever's paying eventually starts having opinions about what's worth keeping.
Move the payload to the people who wrote it and a relay shrinks from a terabyte content store to a kilobyte pointer database.
1/10
A quick guide to Nosdag: what it is, what it's for, and how it works.
Nosdag is a desktop Nostr client with an IPFS node built into it. The name is from “Nostr + Merkle DAG.” Merkle DAG is the magic behind IPFS.
Your keys and relays still do identity and signaling. But your notes, media and history live on an IPFS node running on your own machine, not in a relay's database. Other Nosdag users pull your notes straight off your node while you're running the app. Everything still gets published to relays too, so people reading you in Damus or Amethyst see you exactly as before.
Bring the npub you already have as the profile, follows and relays come with you.
Clarification: it is available to pull from github, the download builds are still building.
Nosdag 0.1.6 is out.
-Fixed notifications bug: if someone quote-reposted your note or mentioned you without replying, Nosdag silently dropped it. Notifications are also stored locally now, so a relay being slow once no longer erases a notification permanently.
-Fixed Profile update bug where profile was frozen for the same class of reason. Nosdag read your kind 0 from cache and then never checked again, so a profile edited on another client never arrived. It revalidates now, and always re-reads your own at login. It was also taking whichever relay answered first rather than the newest, so a lagging relay could pin an old profile over a current one.
-A quote repost of your note can now be approved in Requests, which endorses it onto that note's thread.
-Search results now apply your mute list.
-There is now a banner on login to let you know a new version of Nosdag is available to download.
Thanks, and please let me know if you run across any other issues.
Fungibility of money is a human right.
It's not just Odell either, it’s literally every single person who sold you a ColdCard, they are all selling you Bitkey now. And people on Twitter are eating this up! They have zero memory or will to reject the people that the establishment has determined are allowed to use Twitter and decide what should be discussed about Bitcoin. To me a self-custodial platform based around biometrics is *insane*. Biometrics are irrevocable *and* trivially stolen. Get a burn? Lose a digit? Wallet stops working. But the cops can and will press your fingerprint to it, and scammers can just grab a latent print off of something and make a gelatin mold.
https://i.imgur.com/fPlTz5s.jpeg
I am unwilling to use anything, at this point, where my identity is not exclusively a public key. I am unconcerned about surveillance risk at this point. I am willing for any of my conversations to be publicized. But I have been deplatformed from fucking everything on the planet. That’s the actual risk to me. Anything with a human readable username, or a phone number, that’s a pile of trash and I’m uninterested in it.
I was locked out of both my Signal accounts on the exact same day, what a coincidence