“The Guy who has read more about Bitcoin than anyone else you know.” Adjectives: Smart/Sexy Host of Bitcoin Audible 🎧
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npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Profile Code
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2025-06-20T19:23:02Z Event JSON
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Last Notes npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I want to go back to a world where irresponsible and corrupt banks crashed and went out of business. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann If you can't reasonably defend your position on an issue or handle talking sensibly with someone who disagrees with you, that is a sign of a serious mental weakness or insecurity that you should probably work on. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Bitcoin dips $20k in a shock candle… Now this is the Bitcoin I remember. 😆🫡 https://blossom.primal.net/bf3d3e437f716a223679976874ef35779a4545113406eb72c538769d38320810.mp4 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I just realized something else funny about this… I have no idea what you look like. So you could just be a total scammer putting a shoe on your ahead and I’d have no idea 🤣🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Listen to the audio quality, this is 100% Sora 2 generation https://i.nostr.build/Va5oUCIGj3EYviCK.gif #note15r5…sxz4 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann So what are we gonna do to celebrate block 1,000,000? npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Jesus Christ #nevent1q…25uf npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Only in a society with some degree of freedom, can a generation grow up so entitled as to think the natural state of the world is having whatever you want whenever you want it. And that somehow “free markets” stole this from them. This is the foundational logic of socialism. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Anybody want some coffee? https://blossom.primal.net/a0b2a5df078b3c11c046a7bfaadea5f3efa499bfde9f5a06537901c574d74741.jpg npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann That aside, I also just couldn't think of a book that hit this topic directly rather than an off hand mention. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Hmm, honestly probably episodes of the show rather than any specific book might be the better option there. A few by Brandon Quittem have covered this specifically and might have references for furhter going down this rabbit hole. Maybe this is a good one to start with: https://fountain.fm/episode/N5LRk7aLo55rhvuRgBhv npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Who knew you could make slinkies cool #nevent1q…cgx2 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann The Faketoshi book is just wild man. The details and frauds he committed throughout this entire debacle enter into the realm of hilarity they are sometimes so brazen. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann not at all, but its still just insane. I've dealt with it personally and the banker gets quite a fun conversation about Bitcoin whenever it comes up. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann this is so insane... #nevent1q…j87s npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Debt based money and privacy cannot coexist. You can't issue unsustainable debt without vetting borrowers on a deeper and deeper level. Credit based money is inextricably tied to ever more invasive surveillance. "Surveillance capitalism" and debt based money are the same thing. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It's amazing how politically convenient mainstream economics is for government power. I wonder if they would actually fund and educate people on expressly false economic theory because it gave them astronomical amounts of power 🤔... nah, that's just silly talk. https://blossom.primal.net/1caa5ec7cef92d3250f94fd0b12b86cdf5c10b11a3c825b8e449832bce4df533.gif npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Hint, it won't be retail payments or ecommerce. And everyone is misunderstanding what #Bitcoin's greatest value proposition is. #nevent1q…e0jr npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I'll tell you something, everything I've ever seemed to actually succeed at never felt like I was succeeding. To the contrary, it seems to always feel like i'm fucking up over and over and over again until something starts working. The most important factor seems to just be keeping at it despite feeling like an idiot and like nothing is making progress... but showing up again anyway. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Works more often than you’d think though 🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann What will drive #Bitcoin's first $100 trillion? https://v.nostr.build/TX5zFh0TnNNgQK3g.mp4 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann https://blossom.primal.net/cf9643a3ae50f5d5cee84c3733ceadc19d43b0b07728589b0a1aa1b2220f24be.gif npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Just amazing. Beautiful work https://blossom.primal.net/d37f118d0c24a6a58203fa44f6bb10f28aeec8b18c95db775d424687046d2a65.gif npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann lol, sorry but you can politely fuck right off telling em what I should or shouldn’t talk about 🤣 With respect 🫂 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann “the computer is the bicycle of the mind" — Steve Jobs In an extremely similar way... "the LLM is the piano for a software engineer." npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Just a PSA If you are using a “quote” to suggest someone was evil that has literally only 1 or 2 words in quotations with the rest is filled in… Example: He said black people were “destructive” and that they were all “criminals.” There’s a 99.73% chance that the quote is utter bullshit. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Gun control stops violence in exactly the same way censorship and propaganda stops people from ever being wrong. In other words, it doesn’t. The 1st and 2nd Amendments are the 1st and 2nd for a reason. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann There is no greater coward than someone who can't defend their beliefs with anything other than violence. The coward second in line is the one who celebrates it because they value their own vapid opinion more than human life itself. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Oh, voluntary trade is violence? I don’t think you know what the word “capitalism” means. And if you think the US has it, you definitely don’t know what it means. Free markets don’t have central banks. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Socialism is just a violent religion for the economically illiterate. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I am a techie, and have narrated a great many things with my beautiful voice, but I am not a veteran. Did a show with the bitcoin vets recently so that might be why you thought that. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann $102K #Bitcoin price is now considered low. Think about how quickly that happened. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Issuing loans from nothing is still money printing, still inflated the supply, and allows them to make interest loaning out capital that they never owned. If I give you a loan to buy a car, but I never owned the car (or its value), then you paying me rent for it through the loan is essentially fraud. Yes this is how the banking system just works, but I’m saying it’s normal operation is a horrible system. 😁 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Possible, but I’d like harder evidence than merely a correlation to total node count. I’ve seen and even got messages from people saying they are finally spinning up their first node. It could be possible that people are actually feeling pressured to do so. That wouldn’t be unprecedented either, as we know when contentious issues arise, node counts tend to rise as well. Both due to likely Sybil, but also because people who care feel like they need to stake their claim on what path they support and don’t want to feel like passive observers. Interesting either way. Appreciate the update. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Try to have an honest conversation with someone… I don’t think it’s possible anymore. I just keep getting blocked and called some dumb new name they came up with to categorize the most retarded version of any particular opinion. 😂 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It’s been said numerous times by many people in certain, but I’m one who has used that phrase quite often so you are likely correct that you heard me say it npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Redeem for the value of the loan if someone can’t repay. The “repossess” version of real estate except that it just repays the loan and what’s left over goes back to the borrower. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Unchained, Firefish, and I *think* Debifi. Ledn doesn’t do multisig which is sad, but they do proof of reserves which any company that does custody without proof of reserves is a scam, imo. Still don’t understand how that’s not a standard already in Bitcoin. Coinfloor has been doing it for like a decade. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Actually banks issue money as loans from nothing and without needing any reserves. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann This is so stupid 🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Nah, it’s because scammers don’t actually want their tokens, they just trade them. Trusting bitcoin enough to buy it once and hold it for 10 years produces 1/100th of the transactions as someone who buys a crypto and then sells it when it goes up, then shorts it when it drops, buys it when it’s low, pumps it in his TG group, sells it at the high, stakes it to get another shitcoin governance token, withdraws it to redeem their airdrop, and buys 10 different super rare NFT diamond kitties to their address. But ask yourself, which of those two has more confidence and more desire to own which money? npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I would argue you have made a mistake about what “using money” means. Ask yourself which of the entire ecosystem do people want more and which do they trust the most? If you confuse the payment network for the money you’re gonna have a bad time. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Fiat: Only the political and banking class can print money. #Crypto: Everyone can print their own money. #Bitcoin: Nobody can print money. One of these is not like the others. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann If it’s actually the moon, there are no stars in front of it, so the moon, concerningly, has a large chunk missing since the star is obviously behind it. If the star is actually in front of it, then we have an entirely different problem 🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann https://fountain.fm/episode/XZ5O1bKOWeLr8J3bjeRf npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I generally halt my exploration of probiotics right around the time things get near my asshole. 🤣 #nevent1q…73nk npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann People are awesome, but they’d be even awesomer if they didn’t suck so much. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Imagine believing that earning money -- the act of working hard to do things for other people, to produce more of what others need, and explicitly not yet consuming anything -- is a burden that deserves to be taxed to prop up the govt, the most parasitic and destructive cancer on earth. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann You are projecting you're value lens onto people who dont have it. The overwhelming majority, especially politicians and those with true political power, see Bitcoin as a toy. It isn't a concenr because its small and unthreatening. Of course I don't see governments as full of people who are retarded. I do however see it as an institution full of people who are *arrogant,* and arrogance makes people blind. Specifically, blind to things that have humble beginnings, dismissed as if they could never threaten their power structure. This isn't new either, things with humble beginnings are almost universally dismissed by the established structure of power throughout all of history. It didn't make any of them stupid. It made them to blinded by their own importance to see that their paradigm could be changing. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Nation states will (and are) begin to adopt or show interest in #Bitcoin, but they will be distracted, unenthusiastic, and see it as a very low priority. Basically something that gets attention and makes them look "forward thinking" but is of no great import on their agenda. Take advantage of this. We are beginning into the very bottom curve of nation state adoption, and we probably have a good 5 years (at least) before getting into the turn up where some major nations start to panic and #Bitcoin makes its way much higher on the concern/priority list. Don't make the mistake of thinking this is over, or that the opportunity is dwindling, or you'll miss what is still the greatest opportunity in history to front run the next global reserve. #nevent1q…29lv npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann We will never see #Bitcoin below $100K again https://blossom.primal.net/48daf15cc1d1da9f699da57c763087eabba04f8d8ce03af356263292ca4d77d9.gif npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I am deeply confused by this post. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Was about to post the same npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Everyone can start by cutting their hair the same way 🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Adam is legend. We could all be more like Adam. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann This is the way npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Redditors are vicious without a cause. Bitcoiners are vicious with a cause. 😆 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Still my favorite thing about Bitcoiners is how vicious they are about every little Issue 🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I’m a knotzi 🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann A lesson I learned the hard way. My son will know the truth 🫡😆 #nevent1q…jrfk npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann 🤣🤣 #nevent1q…nz8j npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It was once understood that competing implementations are good for #Bitcoin. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann @nprofile…4kfn @npub1w74…u642 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Yeah they have frozen stolen/hacked funds numerous times in the past. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann No. Its an annoying problem (and i do run knots), but its not existential. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann No they can't "censor" the transaction because its attached to bitcoin/lightning which they can do nothing about. But they can "destroy" a particular balance. Tether basically vouches/signs for all balances of USDT that they issue, and so they can revoke the legitimacy of the coins at any time and simply claim "we won't redeem these particular coins anymore." So if someone steals a billion in USDT, they can make it so they can't spend it and as long as people check the USDT validity, it would be easy to see they shouldn't accept it and it would look like "counterfeit" USDT. Don't know the precise mechanisms at play here, but I'm like 99% sure this is the relationship. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Correct. I keep it in there until I'm ready to use it, or I have enough that I want to just put it in cold storage. But i leave it as long as I can because my cost basis is when i hit "send." npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It's because I use gift cards religiously and because I put every single business, travel, and investment expense through Fold as well. The big kicker is the giftcards though. I use numerous services that haven't seen an actual bank card of mine in years. The referrals obviously make a difference too, but I got maybe 10-20 referrals after this video and then haven't even posted my link again since then. So I've gotten maybe 2-3 in that 8 months. Lastly... it goes up with the #Bitcoin price. So if I have $8k in there already, it changes quite a bit if Bitcoin goes up $20k or so in price. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I use Fold for everything and I'm desperately waiting for their credit card (been on the list since the day they announced it), but right now the only credit card I use is Apple because I can send the apple cash directly to Fold and swap to bitcoin. There's probably a more direct option and I've heard that Mercury was offering something (who I'm considering for my business banking), but i don't really like the other crypto companies that offer credit cards (I've heard people who say they like Gemini credit card tho, haven't used them myself) and I'm just waiting on Fold so I can have it all in one place. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Debit cards (banks) make money on interchange fees. But Fold decides not to. Instead they take that fee and give it to the customer in sats, and then just charge a monthly for the banking service. So if you use it right, you can get tons of rewards because you are just earning your own interchange fees that the bank usually earns off of you. With the gift cards, retailers sell gift cards in bulk at discounts, and then the sellers pass that discount onto the buyer. Because literally billions of dollars in gift cards go unused, and it locks in the buyer to the service so they gain by having guaranteed return customers until the balance of the card is used. Then there is just general rewards. If you give someone a free coffee after they buy 8, then not only do you reward loyal customers, but you also ensure that they will stop by a 9th time get a free coffee, and probably pick up a breakfast sandwich and a danish to go with it. Then they'll start earning rewards to their next free one.... its a way to entice customers to stick around and have a way to stay ahead of the million other things that will pull us one way or another during the day. Rewards actually make a ton of sense, which is why they are so prevalent, and the setup for the companies I use in this example are both sustainable and really clever actually. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Btw, this is now about $11,700 still doing this since I made this video. #nevent1q…dk05 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Yes! I genuinely didnt' understand it. I installed a plugin on wordpress for podcast hosting just to test something, and before I thought i had done anything it was broadcasting a bunch of duplicate feeds with nothing in them. I thought they were supposed tp *pull* the show episodes to the website (which they also did). Then when i found they had randomly created duplicates I deleted all of it and removed the plugin entirely... and it fixed nothing 🤦🏻♂️ npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Who’s been checking out Bitch@? npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Of course the weather agency says this. They say it every year, and when you actually look at it, they just figure out some obscure set of stats or time frames or locations or anything at all so that they can call it a “record.” Literally every day has “record” weather if you can change your criteria to whatever you like. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It wouldn’t mean that you don’t follow people or don’t have followers. It would only be an avenue for someone *outside* of your web of trust to get a post *inside* it. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann No, I think it’s extending and the impact of the halving cycle is basically gone. Plus the broad recognition of the “4 year cycle” now would suggest it’s going to break down because as soon as everyone expects a pattern, the pattern tends to stop working. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Oooo that’s a good one 😆 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann https://blossom.primal.net/1384becc1ce614502517edaefc06b633a8cf3ce0b73d0915b55b451dcd23bc74.jpg npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Sir... this is a Wendy's npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Dude... @nprofile…ysyl is pretty dope. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann "I should have just listened to more episodes of Bitcoin Audible..." 🤣 https://blossom.primal.net/f7993f94e7cb470f6c2b207e21c8bfa93cb659a6b17c3c3cdaae68aecd143e64.gif #nevent1q…f4fe npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann 100%, I'm just reversing the claim that stupid people make and using their own words. I also have a very ranty episode about this topic from probably like 5 years ago 🤣 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Just helped a friend the other day boot up a Multibit HD wallet from 2013 that hadn't been opened in more than a decade. It took a day to get current, but it connected, downloaded and verified blocks, and he sent a transaction to his new keys without a hitch. Wild. Multibit was the goat. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann lol, but more to the point, one communicates ideas, while the other communicates value. To communicate an idea you broadcast it (speech), to communicate value you must trade for it. Its more like a weight where you must have something on the other side of the scale for it to even be measurable. They have distinct ways to transmit the two different mediums. So really, you can't "buy language" for the same reason you can't "think money" or "speak heavy objects." But both are very costly to create and sustain, a cost that is absolutely worth it, as they allow society to exist. In fact, one could argue that language and money are quite possibly the two greatest emergent investments in human history. 🤔 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann It only costs years of time and energy. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann #Bitcoin has "no intrinsic value" in exactly the same way language has no intrinsic value. The value of both is derived from the network it creates and what what is possible only with if that network exists. A society without language to communicate information is so poor it's hardly worth calling it a "society." The same is true for Bitcoin and sound money. Keep watching. The world of bitcoiners will keep getting wealthier, and the fiat world will keep getting poorer. You are invited anytime you would like to stop having fun staying poor using money that explicitly steals from you and says its for your benefit. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann People don't realize that #Bitcoin can conquer a $100+ trillion market simply because of multisig and the unbreakable reliability of its settlement. There is no collateral that can even come close to any of the 5 most important traits you want in a perfect collateral. Bitcoin destroys all of it. - quick to exchange - easy to verify - easy & quick to liquidate at any time on any day - cant be damaged, perfectly portable - completely unmatched in mitigating trust and custody concerns Literally nothing is even in the same ballpark. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I am. Just not on centralized Ai run by major platforms. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Then your previous statement doesn’t make any sense, imo. It doesn’t decrypt anything and because you read it on your device doesn’t suggest that it wasn’t an encrypted communication. So yes, it was encrypted, but also yes, the Ai gets around it by reading it at the same time you do. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I need to inform you, that your plain English messages that you read in Signal aren’t encrypted while you are reading them. Ai watches your screen while you use it, it doesn’t need to decrypt anything. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Ai is becoming the most invasive surveillance tool ever, it’s explicitly bypassing all encrypted communications, sandboxing, and privacy implementations so that it has “the right context.” It is literally reading passwords off your screen. For a little bit of convenience, we are losing literally every major barrier we have built for privacy and security in one swing. https://blossom.primal.net/36819088184b6d7674f0485dba8ecbd44088c64ab4aa246ff23498cf474d0216.mp4 npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann "hate speech" and "misinformation" is EXACTLY what free speech was enshrined to protect, because every single person in power believes that speech that threatens them is necessarily incorrect and "dangerous." If you cant think hard enough to realize the label of what is "truth" is the very principle in question, then you are destined to live in a cage built of your own ignorance. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Price controls don’t work, they just cause disruption and misallocation. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I’m gonna stop referring to the “fed’s decisions” and start exclusively calling it “our central banks new price controls.” It’s foolish that we go by their fake names instead of calling a spade a spade. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Pools centralizing isn't the problem. Polls controlling what the miners mine, *since* they centralize, is the far more concerning issue. In other words, if a pool couldn't attack the network even if they have 60% of the hash power, then the existence of the pool isn't that big of a deal. This is the point of DATUM. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann The problem with pool centralization is pools controlling the blocks and miners all essentially being blind "light clients" instead of full nodes. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann Again, this is about whether or not pools are building the blocks or not. I didn’t say DATUM would make pools small. Your point is correct, but not relevant. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann 1PH dominated by like 4 pools (pretending to be 6) is a concern. 1PH with individual miners constructing blocks themselves, that doesn’t worry me. Don’t make the mistake of thinking simple scale will protect a highly vulnerable structure. npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann I didn’t say “Monero is dying.” Can you point to anything in my post that is at all inaccurate? npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev TheGuySwann This is why DATUM and @nprofile…cyul are the most important projects in Bitcoin. Pools who control the blocks are an enormous liability, although this attack isn’t perfectly straightforward due to the shitcoin incentive. #nevent1q…6mzt