nobu.maeda
Nobu Maeda

Building a mobile friendly Bitcoin/Fiat DEX protocol

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npub1w27whyf6860xztr5pqtdn8fywkwj82evemcvktc6cm5dl7vypgkqp9cuc8

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nprofile1qqs8908tjyara8np936qs9ken5j8t8fr4vkvauxt9udvd6xllxzq5tqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsuxuzh0

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relay.damus.io

nos.lol

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npub1w27whyf6860xztr5pqtdn8fywkwj82evemcvktc6cm5dl7vypgkqp9cuc8

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Last Notes

2024-08-07 03:53:54

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You also don’t get any reward, potential or tangible, even if you happened to have built the most important software project the world have ever seen.

2024-08-06 19:07:28

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And imagine doing something that you know will net you no profit, no status, no fame. That’s what an pseudonymous open source developer like Satoshi was like.

2024-08-06 04:09:57

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I suggest the opposite, to go more all-in on Bitcoin. Use Nostr beyond a medium for media, and make a layer 2 open decentralized protocol for Bitcoin/fiat exchanging

2024-08-05 10:34:48

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Are we over WoS being the only truly usable wallet for Zaps?

2024-08-05 08:38:51

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Want to. But my @npub1dll…0tz5 is still syncing, for 3 hours now. Last started just 3 weeks ago.
We need much better P2P solutions to have a chance of de-coupling ourselves from centralized exchange chokepoints.

2024-08-05 01:58:12

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Thanks. I didn’t see this particular one, but I know of Mostro and RoboSats. I also know of a few efforts to try to standardize order formats on top of Nostr. I guess n3xB is one of them.
Main difference I see is n3xB wants to establish a neutral protocol that uses nostr as the primary database. Where-as most other efforts are existing P2P trading solutions trying to have some level of inter-compatibility with each other, and using Nostr as a cache or backup to their central trade coordinators.
I see it as trying to make Mastodon work with Blue Sky, instead of creating Nostr. Still hoping for a Nostr like, common neutral protocol first approach to P2P solutions, along with a intercompatible layered approach. I took the first stab at it by creating a defined spec and a base library implementation. Will see if the developer community think this is a worthwhile approach vs the likes of Mostro/RoboSats etc that already exists

2024-08-03 20:30:21

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Not asking for myself. But how could Satoshi himself have gotten any open source development support? Or an anonymous team doing for example, coinjoin/mixing, etc? We need an ecosystem that can support anonymous developers without them running away with it.

2024-08-03 01:34:28

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What if I propose to use the Nostr network to bootstrap a global decentralized P2P order book to exchange between fiat & Bitcoin? To no longer serve as a backup to centralized social media, but also as the defacto, natively decentralized and non-custodial way to onboard people to Bitcoin? Ensuring the on-ramp & off-ramps can never be closed, at least until the entire world is using Bitcoin natively in every single transactions.

2024-08-03 01:28:33

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Until all transactions in the world are conducted natively with Bitcoin, decentralized P2P is the best we’ve got. Native Bitcoin adoption will require price stability, and we are easily a decade away from widespread Bitcoin adoption at the mom and pop merchant level.
Platforms like Vexl is good. But they are like Blue Skys and Mastodon before Nostr. We need an open protocol for decentralized exchange. Not a lot of inter-incompatible little silos of centralized P2P solutions.
In particular, Vexl’s starting screen asking for my phone number tho, is not a good sign whatsoever…

2024-08-03 01:24:38

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Monero has its utilities, mostly as a stop gap for privacy transactions. But it has little chance to become the world’s store of value, medium of exchange, adefacto of account. To do so it requires a market cap and liquidity large enough such that there’s small enough volatility to be half of all of the world’s transactions. Its simply not happening.
Monero is the short time preference version of Bitcoin where it cannot wait for price stability and privacies properties to emerge. These properties are slow to emerge on Bitcoin because of the need to be a ‘sly and roundtable way to introduce something they can’t stop’. In fact, Monero is effectively slowed, if not already stopped, because its simply not sly enough. Monero is the idealistic but impossible perfect that is in the way of the practical and already working good that is Bitcoin.
Medium of exchange and privacy properties will continue to improve on Bitcoin, at a rate that will not overly alarm, and effectively penetrate the authoritarians. Only Bitcoin has a chance to truly separate money from the state and become the one defacto money for humanity.

2024-08-01 08:37:00

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Centralized Bitcoin exchanges are even worse.

2024-07-31 07:13:40

What makes Nostr and E-cash so attractive to developers and easy to built on top of? Asking for a friend

2024-07-31 07:10:03

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Maybe, just maybe, he is under a different pseudonym on Nostr vs Twitter. Just maybe

2024-07-29 08:45:43

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Liquidity and UX are very poor unfortunately. They are like the Mastodons of P2P before Nostr existed.

2024-07-29 08:44:41

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Absolutely. But you can also always find a different counterparty if its a decentralized P2P platform.

2024-07-29 08:42:48

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I am not sure how Monero fixed bridging the global economy, which the majority still sell product and services only for fiat, into anything.
Not to mention those who held onto Monero instead of Bitcoin, has diminished in purchasing power relative terms.
Both can exist at the same time. People are free to choose. But P2P solution is currently sorely inadequate nevertheless

2024-07-27 19:45:25

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Just like you are not using centralized services for your social media. Don’t use centralized services for your Bitcoin. Then you’ll never be chain analyzed. Pay with Bitcoin. Or use P2P exchanges. Make P2P exchanges the standard

2024-07-24 02:57:04

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My hope goes a step further. That the orderbook of Peaches can be interoperable with that of Robosats, and with Bisq, and with HodlHodl, etc. That’s the idea behind n3xB. Because as it is, the liquidity of all of these individually is low. But together, it might amount to something.

2024-07-24 02:50:03

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Thanks! If you know anyone might be interested in a project like this, providing feedback, critique or insights. Please help spread the word.

2024-07-24 02:49:02

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Thanks. At this point, need to get community feedback and some indication this is a good direction if this is to be an open interoperable solution like Nostr itself. Not good at marketing and building community here unfortunately…

2024-07-24 02:31:25

Last year I posted about the n3xB project - a proposal for an open protocol to facilitate Bitcoin exchanging across a globally shared order book, hosted using Nostr.
A year later today, I got the idea a lot more fleshed out - including a Rust library implementing the protocol, along with a demo iOS/macOS application and demo videos showcasing how this can work.
Hoping to get more interest and feedback on the idea. The hope is to make this an open standard for the decentralized exchanging of Bitcoin, similar to how Nostr itself is an open standard for decentralized social media applications.
Checkout the revamped portal for the project at n3xB project at https://n3xb.io/

2024-05-29 18:02:12

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Skimmed this also. I don’t agree with the take re: AI. But lets not get distracted from building a open protocol for a shared Bitcoin/fiat order book on Nostr~

2024-05-29 17:29:22

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Gave it a quick read. Interesting on thinking about every layer as an order book. Unfortunate that CivKit was used as the example of an actual ‘order book’ built on top of Nostr, as the CivKit project is completely dropped as I understand it. Not to mention that CivKit, at least to me, is very complex. While n3xB is meant to be ‘naive’ (as simple as possible), if not at least to start with.
Whether Nostr is handling too much too quickly, whether Nostr will be a success, or whether n3xB will go anywhere at all, nobody knows. The good part of an open development landscape is anyone can pick up anything and experiment with it. And only through experimentations would we know what the free market will accept and find useful.
BUIDL

2024-05-29 17:05:33

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Looking for feedback. And eventually someone to build the ‘Damus’ & ‘Alby’, etc of n3xB

2024-05-29 17:04:38

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Yes sir. Some update to BUIDL on n3xB.
First implementation of the n3xB protocol library completed, written in Rust.
Also an example implementation & app built on top of n3xB as a demo.
https://n3xb.io/fatcrab.html

2024-05-29 13:41:25

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Not familiar with Dhruv Bansal. Can you give some pointers or elaborate?

2024-05-29 13:09:46

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For the next cyberpunk evolution, what if I propose that Nostr can be the trojan horse for building a network of P2P fiat on/off ramps? Think an open protocol for Bisq that can also be mobile friendly. Instead of building monolithically, (a Bisq stack & its own order book, a Robosat stack & its own order book, etc), a shared liquidity pool can be formed so that any new trading application can be additive to the liquidity of the shared global order-book, instead of fracturing it?
I have written the first working version of the n3xB protocol library, along with a fun demo implementation. Looking for feedback, and the special people/teams that will build the Damus to n3xB. Someday becoming the challenger to the Binances of the world, like how Nostr is growing to be a viable challenger to Twitter, etc.
https://n3xb.io/fatcrab.html

2024-05-29 13:01:16

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What if I propose that Nostr can be the trojan horse for building a network of P2P fiat on/off ramps? Think an open protocol for Bisq that can also be mobile friendly. Instead of building monolithically, (a Bisq stack & its own order book, a Robosat stack & its own order book, etc), a shared liquidity pool can be formed so that any new trading application can be additive to the liquidity of the shared global order-book, instead of fracturing it?
I have written the first working version of the n3xB protocol library, along with a fun demo implementation. Looking for feedback, and the special people/teams that will build the Damus to n3xB. Someday becoming the challenger to the Binances of the world, like how Nostr can is growing to be a viable challenger to Twitter, etc.
https://n3xb.io/fatcrab.html

2024-05-29 11:32:47

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How about for discovering Bitcoin/Fiat open orders? Any interest?
Written the first working version of the n3xB protocol library, working atop of the #nostr relay network. Along with a demo implementation in the form of Rust/Swift/macOS app. Looking for feedback. Hoping it’ll one day reach the person that will write the ‘Damus’ of n3xB.
https://n3xb.io

2024-05-28 15:41:15

Things might have gotten a bit over-complicated. Let me try to untangle this once more:
- n3xB is an in-development open protocol for creating P2P Bitcoin exchanges & order book on top of the Nostr network. Think n3xB is to Coinbase, as Nostr is to Twitter.
- Fatcrab is a fictional sh!t coin simulating fiat, with a website simulating an online bank. This is created only for the purpose of this demo.
- Fatcrab trade engine is built with Rust on top of the n3xB protocol library to facilitate trading between Fatcrab and testnet/signet Bitcoin.
- OceanSea is an App built with Swift and compiled so far for macOS to provide a demo UX for using the Fatcrab trade engine.
The OceanSea macOS App, link to Fatcrab webbank, Video overview & demo, along with Github codebases can be found at
https://www.n3xb.io/fatcrab.html

2024-05-27 17:55:08

Got a landing page for the OceanSea x Fatcrab project, including the compiled & working macOS binary for the OceanSea Trading app. Check it out
https://www.n3xb.io/fatcrab.html

2024-05-21 14:17:41

Just made another video. Demonstrating how the OceanSea apps are used to make and take a Fatcrabs buy order using Signet Bitcoin.
Will have the actual OceanSea macOS app binary out in a few days
https://www.youtube.com/watch?v=SyISpbvGv3A

2024-05-15 16:46:45

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Just created a video overview of the Fatcrab demonstration project. Its mean to demonstrate how the n3xB Bitcoin exchange protocol library can be used to create a mobile friendly decentralized fiat on/off ramp around a Nostr based global order book. More collaterals (including the macOS demo app itself) to come over the coming days
https://www.youtube.com/watch?v=I6Mgb76GsYA

2024-05-15 16:41:36

2024-04-29 16:57:24

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What is the computing resource need to run LSP? Higher than a Lightning routing node I presume, but less than a Nostr node?

2024-04-29 16:16:04

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It’s admittedly a lot more work than I expected. I’ve done first draft of the base protocol. And built an example trade layer, along with an iOS app on top for demonstration. Stuck at getting Apple Developer license. It’s close to a full KYC process over there and I don’t want to get doxxed….
Worst case I’ll post about what I worked on so far with a much inferior Mac only version of the demo app. The work can be see on GitHub real time tho.
Ultimately the hope is others build their own intercompatible projects on top of n3xB, or to port existing solutions on top to be intercompatible, instead of me building yet another exchange verticals app besides what’s already out there (Bisq / RoboSat / Mostro etc)

2024-04-25 20:28:04

They are fighting you, have always been, no signs of slowing down. Chokepoints, Binance, ETFs, now Samurai. Are you going to sit there and pretend ‘we win’ is the inevitable next step? Are you going to stop LARPing and fight back? Or are you just gonna coil up and surrender? Your choice anon

2023-11-14 16:05:08

Working on Bitcoin is thankless, profitless work. LARPers going to stack and leech off builders’ time. This incentive misalignment is one of the achilles heel of Bitcoin. Why so few projects around Bitcoin got big.
Don’t agree with this note? Go to the App Store or any sizable search engines (whichever one you want) and search “Bitcoin Wallet”. See how many non-custodial Bitcoin-maxi projects are there. And how much centralize shitcoin scams are there instead.
Don’t like this note? Stop LARPing and start building.

2023-05-29 20:06:38

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Interesting

2023-05-29 06:40:43

Haven’t been too active the past bit. But finally completed an entire revamp of the n3xB protocol write-up after various feedback and inspiration from other related projects. I consider this v0.2.
Will build the n3xB order book engine next. And then proceed to build the first trade engine on top, and finally a mobile client. Have not quite decided whether Lightning is better or on-chain is better. On-chain (similar to Bisq) has much lower counterparty risk as a Lightning escrow is a custodial trusted 3rd party (RoboSats/Mostro/CivKit).
Further explanations of the protocol itself, along with example implementation of trade engine and message flow can be all found in the n3xB GitHub repository. Would love to see constructive feedback!
https://github.com/nobu-maeda/n3xb

2023-05-15 14:06:12

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Here is one such proposal requiring no NIP
https://github.com/nobu-maeda/n3xb

2023-04-27 17:04:09

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Instead of going ahead and building yet another trade platform around this trade mechanics, I am going to do more protocol specification work in hope of making n3xB a shared language on a common order book between multiple P2P solutions. With the hope of getting Mostro (#[1]) to be the first platform that talks ‘n3xB’. And eventually others that wants to build different solutions, clients, or trade mechanics on n3xB without completely fracturing the network effect and the otherwise thin volumed P2P order book.

2023-04-27 16:58:36

Just uploaded to Github a repro demonstrating the usage of a 2 of 2 multisig to lock-up trade and bond amounts atomically funded by both the buyer and the seller. The locked amount can be payed out (more going to the buyer than the seller) by both parties signing (after buyer paid seller fiat, for example). If both parties cannot reach an agreement to unlock the locked up funds, an arbitrator can sweep the funds only after a timeout on a fixed number of blocks. This trade mechanics is basically what Bisq is doing today, except implemented with less on-chain Txs (2, instead of Bisq still using 4). Also, this exercise also demonstrates that this can relatively easily be implemented using Block/Spiral’s Bitcoin Development Kit.
https://github.com/nobu-maeda/n3xb-bdk-derisk

2023-04-21 19:23:51

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Several building order books on top of Nostr. Hoping to catch and unify them before they get walled into silos.

2023-04-21 04:19:02

The goal is to have a single protocol for common trade offer discovery - creating deep liquidity pool. The competition should be on trade mechanics and client user experience, not by fragmenting into silo’ed order books. The latter would be more like Mastodon and former more like Nostr itself. We need to be more like Nostr itself.
The time to do it is now and there’s no time to wait, before many platforms get ossified into their own closed ecosystems. United we stand. Divided we fall.

2023-04-20 06:28:42

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I have been working on something similar, but feel like we should collaborate instead of compete. I have no interest in carving another solution out when there’s Bisq and Mostro and RoboSats, etc. Check your DM to further discuss. Thanks!

2023-04-19 10:15:48

Just shared my super naive playground of using Nostr for some of the offer discovery and trade initiation flows onto Github. The purpose is just to derisk, and not meant to reflect too much on the actual implementation for the initial PoC. Still working on my other playground that tries to construct a multi-sig across multiple BDK powered wallets.
Will update the proposals once again with all my learnings once both of these are complete.
https://github.com/nobu-maeda/n3xb-nostr-derisk

2023-04-19 08:55:57

It seems Nostr based P2P marketplace is all the rage these days. And people are viewing it as if these are competing solutions.
My intention has always been to create a single open order-book on Nostr that no one owns. There is literally no money to be made in this. And I’m doing this anon so even repuation and glory upside is highly limited. The only reason to do this is to create ways for on-off/ramp into and out of Bitcoin. My stack gaining purchasing power is more than enough motivation for me.
When I started nobody was talking about this. Now it seems to be all the rage. I am more than happy to drop n3xB completely if someone already got this vision built.
The competition should not be at the protocol/order-book level. The competition should be competing clients, liquidity providers and arbitrators - NOT competing order books and protocols. If it’s the latter then we already have it in the form of Bisq and RoboSats, and would be zero reason to put this on Nostr. The only reason to put this on Nostr is to have an inter-operable, highly liquidity order-book, instead of having wall gardened orderbooks, albeit P2P, etc that we already got today.
If anybody is building ‘competing protocols’ that is also meant to be an interoperable order-book, we should talk. One of us should drop. I’m more than happy not building protocols and build mobile clients and UX instead. DM me.

2023-04-16 19:12:58

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Taproot adoption should help with this?

2023-04-16 19:07:55

Some men are dangerous because they are violent, antisocial.
We are more dangerous because we are not - we are far more dangerous to the establishment because we want a better world to be built.

2023-04-16 18:32:27

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Thanks. But not bothering with Zaps until there’s a better non-custodial way of doing so.

2023-04-15 02:53:31

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To be the downer that I usually am, really hoping we have more self-custody Zap supported LN solutions before we jump up and down on how much more Zap capabilities we are adding to Nostr.
Last I tried, it’s nearly impossible to have Zap possible even if one runs a Rasp based LN node. There isn’t even a low effort solution if one runs their own VPS (which is centralized enough as its cloud based).
Basically 90%+ of LN doing Zaps are just one custodial solution to another, mostly Wallet of Satoshi.
Its not good and we don’t need more incentives for fully custodial LN adoption.
Nostr and Wallet of Satoshi amongst others needs to stop this non-sense. Take a look at Bluewallet as a role model. Have a roadmap towards shutting custodial Ligthtning down.

2023-04-15 02:48:47

I am going to admit up front. I’m mostly anon LARPing. Despite Tor and not using CC and VPN and anon E-mail and all that. I highly, highly doubt someone sufficiently determined is not going to be able to doxx me if wanted.
I am not sure how Satoshi did it. Question if some people actually know who Satoshi is and just not telling. Good Bitcoin doesn’t care who Satoshi is, one way or another.

2023-04-15 02:45:03

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I want to take everything above back. Whats generated by GPT-4 is actually pretty rubbish. It gave me some ideas. But most of it is wrong. It basically just made up non-existing functions and modules. Partly because BDK interfaces have changed drastically since GPT-4 trained its data set. Partly because lying confidently is what GPTs does all the time.
This is similar for Github Co-Pilot.

2023-04-08 07:51:17

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People are just being ideologues. Twitter is still a for profit company first. Keeping politically free and balance is one thing. Whether to host competitors is a business decision, not a matter of censorship.
Haters gonna hate. Just like some hate Bitcoin, others hate Elon. Hate’s all the same

2023-04-08 07:49:19

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How would the DAO come up with the funds to buy out Twitter from the previous public shareholders?

2023-04-08 07:42:07

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That entropy of the universe will only increase?

2023-04-08 07:38:11

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This for Nostr conference?

2023-04-06 01:49:05

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Super cool

2023-03-29 22:22:32

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Custodial solution is how one’d kill LN and attack Bitcoin. For all we know Wallet of Satoshi is a FinCEN project

2023-03-29 20:23:06

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Not much we can do about BSA except for creating an unstoppable alternative.
Custodial centralized entities created weak points to be attacked and make the alternative less unstoppable.
Custodial solutions weakens the alternative and helps the BSA continue its existence

2023-03-29 20:18:12

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The dam is showing cracks

2023-03-29 20:17:29

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We need non-custodial Zaps

2023-03-29 20:16:40

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Not a fan of custodial solutions anyways. Its a lose-lose situation

2023-03-29 20:16:06

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How about non-custodial solutions?

2023-03-29 09:54:21

Coded with GPT-4 and asked it to do PSBT with BDK in Rust. Its not perfect. But I ask it to fix things I see incorrect and it understood context and keep digging more into the BDK doc for solutions on its own. Mind is blown.
For example at first it called a method that didn’t exist. I told it that and it fixed it. Then I asked it I want the input amount and output amount to be different since it’s ‘partial’. It done that by just looping through UTXOs in the wallet until it reaches the desired input amount.
I asked if there’s something in the BDK that helps with coin selection. And it found the CoinSelection trait and updated the code to use ‘BranchAndBound’
I still haven’t tried to run it yet. But even if I treat this a pseudo code it’d still be amazing

2023-03-24 09:28:24

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There will still need to be an app specific push server to aggregate in the end. Can do dedup there. My idea here:
https://github.com/nostr-protocol/nips/issues/257

2023-03-23 22:02:26

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Bisq and RoboSats are the only ones I’ll recommend for now.
Anyone wants to help out building a No KYC exchange L2 protocol on top of Nostr should check my site & Github.

2023-03-23 21:59:02

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What prevents relays to generate push? None that I am aware of? The push might be centralized, but doesn’t require centralizing Nostr itself to achieve push.

2023-03-23 21:56:39

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Something wrong with tagging people with Damus it seems.

2023-03-23 21:56:17

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#[2] is #[3]

2023-03-23 21:55:49

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I have said it numerous times. The way Zap was deployed might as well have been an attack on Bitcoin.
Blue wallet took their custodial solution down. Shame on #[2] to keep their’s up.
There are plenty of non-custodial LN solutions that doesn’t require running a node. There’s zero need for a custodial solution. Zaps be damned.

2023-03-23 18:45:23

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Never asked these questions when buying a car, or a phone, or anything for that matters.
But yes, stop dealing with banks.

2023-03-23 02:10:14

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Wouldn’t be a problem if they don’t sell sh!tcoins.
That said, not a bad thing to have the state waste their time on these garbage, while we build.

2023-03-23 02:00:28

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USD is one of the most successful fraud ever. Don’t underestimate the fiat cantillons. Even fools whom have inherited a big gun can do massive damage to all involved.

2023-03-23 01:54:58

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Why we need to make No-KYC coins the standard. This is the same concept as the anonymotity set - the No-KYC set. If every purchase and every transactions are No-KYC, AML will become impractical to conduct.
Too much LARPing, too little Building. If we lose, it’ll be because of the complacency of plebs. #BUIDL.

2023-03-23 01:50:48

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We need way more options, and we need much, much lower friction.
Every normies we fail to onboard, is a potentially enemy in the future fiat army, in the war that we will face if we loses the race.
#BUIDL

2023-03-23 01:47:54

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The number one priority for those in power, is to preserve said power. Exceptions are far and few in between.

2023-03-23 01:46:11

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Under a Bitcoin standard, at T -> infinity: Your boss have to negotiate a pay cut with you, and you have to negotiate a pay raise with your boss.
There shall be no hidden raises nor hidden cuts.

2023-03-23 01:44:16

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Underestimating the enemy is the quickest way to lose. Victory is far from guaranteed. #BUIDL

2023-03-21 04:29:28

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I highly doubt Block is able to build a Bisq like No-KYC Bitcoin ramp, for example.
What you have said is also not confidence inspiring

2023-03-21 03:37:02

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Hope that’s the case

2023-03-21 03:23:27

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It seems to me you were saying that you don’t believe Bitcoin to be able to replace all forms of currencies. I’d assume also means that tools which goes towards this end, including to fight state national currencies as all forms of money, will be deprioritized from the road map.
Again, I hope I am wrong. But I am afraid, it is indeed not up to public companies to take on such positions. And if so, I can understand, even tho still being disappointed at the same time.
Why us pseudonymous FOSS projects exists.

2023-03-21 02:56:45

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More important than to prognosticate what the end state might look like - its to create the future we want to see. I do question the conviction of Block towards Bitcoin if the CEO of one of its division does not believe in a Bitcoin future. Perhaps the limitations of a state regulated public company? I hope I am reading this wrong here.

2023-03-21 00:22:07

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Am curious about people’s thoughts on integrated wallets vs external wallets.
My concern with integrated wallet is people wary of each app having a Bitcoin balance scattered all over these apps. Management is difficult enough. Making sure security is up to snuff on all these hot wallets is another problem.
The alternative tho is difficulty in supporting a lot of custom functionalities that regular wallets might not support or support well. In this case, Zaps.

2023-03-20 21:17:27

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Over throw the central banks and their fiat master

2023-03-20 21:16:45

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You missed the /s

2023-03-20 21:16:08

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Unfortunately they are correct. If the cantillons design to enslave with UX in mind, and we design against UX for impracticalities, we will lose. Imagine we argued against BIP-39 because, why simplify the UX and treat people like dummies?
We are fundamentally apes, except for the few things we manage to focus on. We can’t expect everyone to be expert in everything. It is okay to reduce complexity to others so they can specialize in their domain for us in return

2023-03-20 16:49:33

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#Bitcoin was built with full expectation that the government will fight individual sovereignty at every step. We need to continue that spirit

2023-03-20 08:50:17

Gradually, then Suddenly.
I’m afraid we haven’t done enough to be ready for the suddenly part.

2023-03-20 08:48:47

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Bisq for a normie first timer?
My friend in NY state. Swan doesn’t work in NY state.

2023-03-20 06:39:27

There is no good way to buy #Bitcoin in a No-KYC non-custodial manner. And few are working on solving this. Annoying as there’s no goto recommendation to a friend that asked me about buying Bitcoin. Its infuriating

2023-03-19 04:49:06

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Running lottery on uncensorable decentralized network. Hmm

2023-03-19 02:02:27

If #Bitcoin hits $100k within the next 90 days. Money is the last thing on my mind. Whatever GTFO plan you got, its time to set it into motion then.

2023-03-17 22:38:29

The biggest problem to Bitcoin is plebs getting rich too fast, but doesn’t get any less susceptible to $5 wrench attacks

2023-03-17 22:15:46

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Their understanding is attrocious.
- Throwing RT MTM around, without realizing that RT MTM means full reserved banking
- Not knowing that trying to do full reserved banking has been tried many times and rejected many times by regulators
- Friedberg’s communist idea of increasing taxes for the rich, without realizing that will go into a tax base death spiral
Everything that most Bitcoiner understand very well, while they openly mock Bitcoiners regularly, and embarrass themselves with such conviction that’s both cringe and a sight to behold at the same time.

2023-03-17 22:12:24

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If Bitcoin rises 40x, and USD devalues accordingly, within 90 days… Then Food and Bullets before Bitcoin…

2023-03-17 21:55:39

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Even I don’t buy $1M USD/BTC in 90 days. Even if the Fed printed every single dollar scot free from the ether to cover up all the difference on MTM treasuries debt that all the banks have, it won’t 40x the USD M2 to send Bitcoin to $1M. There’s a lot of existing obligations denominated in USD that people will buy USD to settle them. If USD falls enough, people will cover their USD obligations by buying USDs.
Not sure what Balaji’s smoking here.

2023-03-16 22:19:04

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Most custodial wallet…?

2023-03-16 18:22:24

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Cuz I don’t want to use Wallet of Satoshi. Non-custodial solutions only.