Stacker Saloon \ stacker news

131 comments \ @saloon 19 May \ yesterday

Howdy there, partner! Welcome on into the Stacker Saloon.

Saddle on up to a stool and spill the beans about your day, fire away with them questions, or let loose and give us the lowdown on your wild and woolly life. We're all ears, so don't hold back!

We're open round the clock, so mosey on in whenever you please!

41 sats \ 0 replies \ @Kontext 20 May

20 sats \ 11 replies \ @MarsIronPI 20 May

To all you smart bitcoiners, what would you do if your area lost power for six months, or some other disaster prevented you from accessing the blockchain? How would you pay for what you need? How can an economy based on bitcoin be resilient to local blockchain outages?

I'm not trying to criticize Bitcoin here, I do genuinely like it, I just can't un-see this problem.

40 sats \ 0 replies \ @orthwyrm 20 May

it's a good question and an interesting problem.

you will always need computers to sign, send and verify transactions. but these operations are lightweight such that you don't need much power. all of the above can be accomplished via something as simple as a raspberry pi connected to a solar array.

the real challenge IMO is robust, censorship resistant bandwidth. bootstrapping a node requires downloading and verifying the entire ~500gb chain. you can trust someone else's node, but this may not be wise in an adversarial environment (and in bitcoin land we do like our "worst case scenario" thought experiments). it's even trickier when talking about lightning as nodes must be online to receive payments.

30 sats \ 6 replies \ @TNStacker 20 May

My emergency and bug out kits contain food, water/water purification, first aid, compass and analog maps, cash, ammo, plus silver coins and some amount of gold. However, I also have barter networks I already nurture. If shit hits the fan I may have to adapt, but I will not have to start new from some lost, useless situation

21 sats \ 5 replies \ @MarsIronPI 20 May

Your mention of gold and silver gave me an idea: what if Bitcoin were our "internet money" — that is, what we used for making online payments — and then gold and silver were what we used face-to-face?

10 sats \ 4 replies \ @TNStacker 20 May

Not face-to-face, but emergency barter money. bitcoin still works face-to-face except for the shtf scenario.

21 sats \ 3 replies \ @MarsIronPI 20 May

Yes, but gold/silver currency has advantages over Bitcoin:

Untracability by default (even if you mark a coin, you can't tell who owns it when you lose sight of it)
No TX fees
Doesn't require network access, so you can exchange currency in the middle of nowhere even without cell data

10 sats \ 2 replies \ @TNStacker 20 May

LOL! No transaction fees! Ever heard of the premium? 😂😂😂

21 sats \ 1 reply \ @MarsIronPI 20 May

No.

0 sats \ 0 replies \ @TNStacker 20 May

I recommend you do more research before making declarative statements about in general, but especially when saying something has advantages over bitcoin.

Go buy some gold or silver, and then tell me your thoughts.

reply on another page

51 sats \ 0 replies \ @jgbtc 20 May

An economy based on bitcoin would have extreme incentive to keep electricity and internet on all the time, and fix it quickly if something happens. All the more reason to want bitcoin adoption world wide. The more that incentive spreads the better it is for humanity.

41 sats \ 1 reply \ @ek 20 May

what would you do if your area lost power for six months

If the power is out for long enough, I think you won't be able to pay with cash, too. Stores need power for all kinds of things like registers, lighting and refrigerators. I imagine they would close pretty early if not immediately.

Additionally, long-term power outages are emergency situations if you live in a region that depends a lot on power. There will be looting. You won't think about your bitcoin in such a situation¹. You will care about food, shelter and being safe from your biggest threat: other humans in survival mode.

except that you know they are more safe than any other bearer asset ↩

20 sats \ 0 replies \ @Natalia 20 May

Depends on the reason for lost power for six months - if it's so serious, going somewhere else might be better?

31 sats \ 0 replies \ @TheWildHustle 20 May

Some freak out there is zapping Hustle 10k sats a day for the past 4 days.

Not quite sure why….

If your reading this, freak, much appreciated. Shoot Hustle a nostr dm, I’m down to have a conversation.

62 sats \ 15 replies \ @Undisciplined 19 May

I seem to rank highest on days when the rewards pool is smallest. Ha!

21 sats \ 5 replies \ @Satosora 19 May

People seem to watch it pretty carefully.

10 sats \ 4 replies \ @Undisciplined 19 May

I think the leader board is really fun.

I also changed my approach to zapping recently and I'm keeping tabs on what that's doing to my rewards and spending, if anything.

21 sats \ 2 replies \ @Satosora 20 May

Hey, the reward pool did get updated. Now you are on the top to make a lot haha

11 sats \ 1 reply \ @Undisciplined 20 May

21 sats \ 0 replies \ @Satosora 20 May

Hard work pays off.

21 sats \ 0 replies \ @Satosora 19 May

Yeah, I think the same. I experiment when I have the time. Its fun, but I think a lot of things can skew the experiment. Just one good post that is well liked can really have an impact.

73 sats \ 8 replies \ @cryotosensei 19 May

Same! I made a deliberate decision to post strategically just to see how far up the Leaderboard I would climb yesterday. Oh well haha

0 sats \ 7 replies \ @Satosora 19 May

How is that working for you?

31 sats \ 6 replies \ @cryotosensei 20 May

11th. Bite my dust haha

10 sats \ 4 replies \ @Undisciplined 20 May

Try to keep up. I didn't even post today.

21 sats \ 1 reply \ @cryotosensei 20 May

You spent more than I stacked!

0 sats \ 0 replies \ @Undisciplined 20 May

That's how it's done. Pay attention, young Padawan.

21 sats \ 1 reply \ @Satosora 20 May

I am trying.

0 sats \ 0 replies \ @Undisciplined 20 May

That wasn't aimed at you. You haven't written dozens of articles explaining how to use Stacker News properly. ;)

0 sats \ 0 replies \ @Satosora 20 May

haha I have been lately.

31 sats \ 0 replies \ @gnilma 19 May

Shilling my weekly hiking post. Smuggler Cove, check it out.

52 sats \ 0 replies \ @oliverweiss 19 May

Maseres had an unfortunate influence on the teaching of algebra in Britain for several decades. An example of this is seen in the algebra text of Nicolas Vilant, Regius Professor at St Andrews from 1765 to 1807.

31 sats \ 0 replies \ @0xbitcoiner 19 May

110 sats \ 0 replies \ @Kontext 19 May

Day 114 of the #100aDayTil100k challenge, sets breakdown: 4x32 normal/narrow; Total: 128 (Day 218 of 100+ pushups per day in total; day 117 of 120+ pushups per day)

10 sats \ 0 replies \ @BitcoinIsTheFuture 19 May

Recovery from our first ever rummage sale. Time to donate the remains!

20 sats \ 0 replies \ @BlokchainB 19 May

Finally crawling out the bitcoin rabbit hole. Brining more balance to my life. The dopamine hits you get for being in this space is truly addictive.

Take a deep breath. No need to watch every YouTube tutorial by Ben or listen to every new podcast that comes out by all the podsters. Just sit back and relax and look into other things.

0 sats \ 1 reply \ @pdm_btc 19 May

IMAGINE A CITY WITH AN ENTIRE BITCOIN-BASED INFRASTRUCTURE

10 sats \ 0 replies \ @k00b 19 May

WHAT DOES THAT MEAN :)

0 sats \ 0 replies \ @pdm_btc 19 May

Bullish on NEWLY-FOUNDED, BITCOIN-BASED CITIES.

61 sats \ 1 reply \ @0xbitcoiner 19 May

Day 1 of my daily posting journey, after I ran out of food and had to trade my hat for supplies. previously: #542249 🤠⚡

21 sats \ 0 replies \ @suraz 19 May

Welcome back again

37 sats \ 0 replies \ @k00b 19 May

I need to start doing yoga again. My joints are starting to feel starved of variety.

20 sats \ 2 replies \ @Taft 19 May

Power corrupts you more than it consumes you, says Primo Levi.

10 sats \ 1 reply \ @suraz 19 May

0 sats \ 0 replies \ @StillStackinAfterAllTheseYears 19 May

Acton actually wrote "Power tends to corrupt, and absolute power corrupts absolutely." A small distinction, but still distinct.

10 sats \ 2 replies \ @Taft 19 May

0 sats \ 0 replies \ @SilkyNinja 20 May

If you think about it, teachers hold nearly too much power in the lives of young people (and so the world…) - teachers shape how kids view themselves and how they view the world. How can we ensure people become teachers for the right reasons?

0 sats \ 0 replies \ @jgbtc 20 May

If you want this, step 1 is separate education and state.

152 sats \ 0 replies \ @Kontext 19 May

I know it's trendy to to make jokes about Huberman lately for some reason, but damn... this is one of the most deep and meaningful conversations I've listened to in a LONG time. Not from just the Jungian psychology perspective, but from a deep life wisdom perspective. Highly recommend you give this one a listen, freaks.

62 sats \ 1 reply \ @gnilma 19 May

Good morning stackers.

Day 112 of 100 push ups till $100k completed.

21 sats \ 0 replies \ @suraz 19 May

💪💪 we can do it...

104 sats \ 1 reply \ @grayruby 19 May

Howdy!

113 days of 100 push ups a day until $100k down. Undetermined to go. 109 days of 100 squats a day until $100k down. Undetermined to go.

20 sats \ 0 replies \ @suraz 19 May

Go go 💪💪

41 sats \ 2 replies \ @random_ 19 May

I will beat the 2 minute challenge at BBB. Believe it!

21 sats \ 1 reply \ @BlokchainB 19 May

Big baller brand?

110 sats \ 0 replies \ @random_ 19 May

this close 🤏

Bit Block Boom

112 sats \ 1 reply \ @WeAreAllSatoshi 19 May

Day 153 of posting mining earnings from the day before: 297 sats on 18May2024! Running total: 93,349 sats!

Yesterday's comment

10 sats \ 0 replies \ @WeAreAllSatoshi 20 May

Day 154's comment

61 sats \ 0 replies \ @FallingD02 19 May

It's Sunday and it's a good day to stack

123 sats \ 0 replies \ @Natalia 19 May

was telling friends that I learned a new term, Turkey teeth ( or veneers ) from @random_ - it feels the same as having nail polish when you have bad nails, you hide it instead of fixing them.

perfume for bad body scent
makeup for bad skin
titles for incompetence

👀

267 sats \ 2 replies \ @jakoyoh629 19 May

0 sats \ 0 replies \ @suraz 19 May

1042 sats \ 0 replies \ @south_korea_ln 19 May

I chuckled

135 sats \ 22 replies \ @south_korea_ln 19 May

I do like this no-madness-month-of-may. Not sure about the engagement numbers and all, but personally, it's just nice to get some random sats every day, without the pressure of daily contributions I felt in March. That's also why I was much less active in April. Even a small but meaningful comment can reward you a 1000+ sats in this daily reward environment.

141 sats \ 21 replies \ @Undisciplined 19 May

This was one of the points I made about MSM, too.

Day-to-day, any of us can have top comments, or even posts, and get some decent rewards for that.

However, over the course of an entire month almost all of the top posts will be from the same authors and the rest of us get our contributions minimized.

83 sats \ 20 replies \ @south_korea_ln 19 May

Fully agree. I'm not as strongly opiniated as @DarthCoin, but i follow his opinion that MSM favours gaming the system (he would say it's rigged) more than the daily reward system.

108 sats \ 19 replies \ @Undisciplined 19 May

I think that's right, but it's not even a matter of gaming.

I don't think @Natalia or @davidw are gaming anything, they just both make really high-quality posts that most of us are not going to match.

Over the course of a month, the top posts are almost guaranteed to be theirs (and a few other people's), but on any given day the rest of us can manage to get in there.

110 sats \ 3 replies \ @davidw 19 May

Agree with @south_korea_ln. The data and insights are there for us all to see. Spend more time on your posts and you will be richly rewarded.

Thinking or concluding that there is favouritism or bias is disingenuous to how SN works. If someone puts more POW in than those currently well regarded, they will pick-up the lions share of sats.

Also, you can tell instantly if someone has put time into their posts. During MSM I posted many short & long-form content and it was the long-form that performed insanely better. And that was during one of my busiest times at work. I’ve been as guilty as anyone of over thinking it. It’s actually supremely simple.

41 sats \ 2 replies \ @Undisciplined 19 May

Stacker News does have systemic favoritism, though. Those who produce content that meets the tastes of the highest trust stackers will get more rewards than others.

That’s not even a bad thing, and over time it balances out, but it could seem unfair to some people in the moment.

161 sats \ 1 reply \ @davidw 19 May

Top posts are certainly not guaranteed though. That's the thing.

Yes you get a headstart by building a decent reputation and it is easier to rank higher with a decent trust score than as a newbie, but you need to maintain and sustain those expectations also if you want to retain eyeballs. I don't take that for granted at all. Someone else will soon put in far more time to their posts than I and others. That's inevitable.

I am willing to bet the average stacker spends 3-4 minutes on any post on the site. Unless a link/resource is really compelling me to share, I will very rarely post something without 3-4 hours of work. And in those best performing posts, it is more like 3-4 days of effort. This is lost if you believe that 'systemic favouritism' is the reason for handsome rewards.

41 sats \ 0 replies \ @Undisciplined 19 May

Yes you get a headstart by building a decent reputation

That's the key point that I think a lot of the new people don't get yet. We all started from 0 and worked our way to wherever we are now. You built whatever current headstart you have now by putting in the work before you had it.

It's a very fluid environment and the global trust score is dynamic.

reply on another page

256 sats \ 9 replies \ @south_korea_ln 19 May

For sure, they are providing good content. But color me cynical, the content is created to match the expectations of the system. Similar to what you can see on the For You page of Twitter. Always the same accounts that draw the most attention.

I do like hackernews, because of the fact it is not like that. A few users do not control the content. Each day, another OP and another commenter gets top position because they deserve it based on their specific knowledge. A guy who used to work with Bram Moolenaar posting some interesting anecdotes about VIM right after his death, etc. In the long run, I'd like SN to be the same. I don't want to read every day about the same digital nomad's adventures in Bali, I want to hear every day from someone different and why their input is unique and better than others. And the next day, it'll be someone different again.

But yeah, gaming the system, it isn't. That was a bit strong from me. I'd just like the system to fit my expectations of SN rather than SN decide what my expectations should be because that's what a regression to the mean decides it is over a single month.

Yet, all of this is silly ranting from me. MSM still allows for good, unique and varied content to happen. I'm just afraid it'll keep those occasional contributors from contributing if the rewards aren't there.

Even though it's not about the money (i break even in both scenarios) the daily boost just feels nice.

89 sats \ 0 replies \ @k00b 19 May

A few users do not control the content. Each day, another OP and another commenter gets top position because they deserve it based on their specific knowledge.

Their reputation system probably operates like ours, so I'd guess the diversity of OPs is mostly a function of their size.

I spend hours in recent most days looking for new OPs that have something worthwhile to say/share that might've been missed. We just aren't attracting enough people to have many effortful randos yet. We'll get one every week or so though.

We have a lot of backpressure on growth (participating costs something and the UX of bitcoin), so we some figuring out to do to get there.

401 sats \ 4 replies \ @elvismercury 19 May

Worth keeping in mind that HN has probably two orders of magnitude more users than SN does, and it's hard to know what SN would look like, or operate like, under those conditions. Hope to find out eventually, tho :)

Related: I've been on HN for a decade or more, and I literally couldn't name a single other user. Very different feel from here, different paradigm of interaction. One of the most interesting things to me is exploring these differences.

150 sats \ 3 replies \ @south_korea_ln 19 May

Exactly right. My experience.

Curious too about SN in 100x regime ;)

111 sats \ 2 replies \ @Undisciplined 19 May

I would personally much rather see SN in a 2x regime, where the new people are of similar quality to our current stackers.

view replies

105 sats \ 1 reply \ @Undisciplined 19 May

Some of that might change just by attracting more regular stackers and having more people be aware of Stacker News as a place to bring their knowledge.

For reference, the AMA's are usually the top post of the day, when they happen. That seems to indicate that there's plenty of demand for a diversity of voices and perspectives, as well as that SN can elevate one-off contributions when they have merit.

21 sats \ 0 replies \ @south_korea_ln 19 May

Very true. AMAs are perfect counter examples to my rant. Good content gets seen, regardless of the specifics of the reward system on a given month.

41 sats \ 0 replies \ @south_korea_ln 19 May

Btw, nothing personal against the two @s you gave. Even though i somehow don't see much of their content, i know from the few things I've seen they put in the POW and are deserving of the sats.

SN has not yet attracted the varied crowd of people that roam on HN, so I'm very grateful a few people do the hard work of making good content to keep SN engaging.

62 sats \ 4 replies \ @Natalia 19 May

I like the daily reward more too, I don't like the feeling of being forced to write or compete with others.

also, I shared my writing secrets:)! 👀 #541664 what's stopping @Undisciplined

131 sats \ 3 replies \ @Undisciplined 19 May

In short, laziness is what's stopping me.

However, I don't want to imply that my posts would at your level, even if I really applied myself.

Once I get some writing projects done at work, I might be freed up to make more of an investment in my writing at SN.

42 sats \ 2 replies \ @Natalia 19 May

Keep writing until you build up that habit, then you will feel bad if all you do is consume all day without producing. 🫡

169 sats \ 1 reply \ @Undisciplined 19 May

One of my goals on SN is to make contributing here more worthwhile for people. That's why I zap so much and make so many comments.

In my experience, people tend to get more value out of being heard than out of hearing.

view replies

81 sats \ 0 replies \ @bitties 19 May

48 sats \ 0 replies \ @BitcoinAbhi 19 May

42 sats \ 0 replies \ @Coinsreporter 19 May

95 sats \ 4 replies \ @TNStacker 19 May

The more you learn about the financial system the more it should piss you off!

Stack harder cowboys and cowgirls!

Stack Sats and stay humble!

42 sats \ 3 replies \ @Natalia 19 May

more like makes you worry about the scale of the scam that we are living in and it's still running...

54 sats \ 2 replies \ @TNStacker 19 May

I look back now with disdain at my uni professors laughing and giggling as they taught us the "magic" of the bank reserve system and money multiplier.

42 sats \ 1 reply \ @Natalia 19 May

I actually discussed Bitcoin with one of the coolest economics teachers recently, and he agreed with me that Bitcoin is the future. 👀

And I remember that this teacher always got into trouble by teaching students how to think and rarely following the books; Maybe it takes certain personality to actually get Bitcoin.

69 sats \ 0 replies \ @TNStacker 19 May

It takes critical thinking, which I formally learned after my economics coursework. So, yes personality, but also learning and conditioning. Those with the personality trait get it sooner, I think. I had to learn to unlearn, which takes longer.

31 sats \ 5 replies \ @random_ 19 May

Turkey teeth!

31 sats \ 4 replies \ @Natalia 19 May

me chenking what is this...

oh the veneers?

33 sats \ 3 replies \ @random_ 19 May

I knew you'd chime in!! :D

What do you think? Have you seen it irl?

10 sats \ 2 replies \ @Natalia 19 May

yes, quite some young Turks have it, but then I don't think this term does justice for the dentists in Tureky; mine are really good ( one used to work in Sweden and one used to be work in the UK ) but I'm only getting braces and yearly checkup... I sense this could be a propaganda stopping ppl coming to Turkey to get any dental treatment.

And of course, doing those veneers is silly, like putting makeup in your teeth? getting it done anywhere wouldn't make it better. 👀

21 sats \ 1 reply \ @random_ 19 May

You have to get them maintained! It's a conspiracy by big teeth.

0 sats \ 0 replies \ @Natalia 19 May

social media teeth 👀

ppl have fake everything these days, the cheat code should be natural.

52 sats \ 1 reply \ @Natalia 19 May

Watched some videos of mums and dads showing their newborns online like it's okay ( it's indeed nice to watch tho), or girls can't wait to show you everything about them, yet Bitcoiners are probably paying more and more attention to minimize their online footprint, wild.

33 sats \ 0 replies \ @Undisciplined 19 May

I think a lot of the early excitement about social media was the idea that we could share our personal lives with each other and watch each other's kids grow up.

It took a little while for reality to set in.

31 sats \ 0 replies \ @kilianbuhn 19 May

Do you think like in a couple decades we will talk about the total supply of Bitcoin left? Like how much of the 21m is actually left circulating?

31 sats \ 0 replies \ @cryotosensei 19 May

I have visited the paper recycling machine so often that my boy made a makeshift one himself and is happily “throwing” away his unwanted stuff now.

Some day, he will stack sats like me xP

81 sats \ 0 replies \ @zana 19 May

113 sats \ 4 replies \ @Carresan 19 May

GM ! Day 10 of my 10000 steps challenge.

0 sats \ 0 replies \ @Carresan 19 May

Done!

63 sats \ 0 replies \ @riberet19 19 May

Go for it!

42 sats \ 0 replies \ @zana 19 May

Good morning :) You have a great day.

42 sats \ 0 replies \ @cryotosensei 19 May

Good luck!

583 sats \ 9 replies \ @orthwyrm 19 May

Day 400 of snailposting everyday 'til BTC hits $100k.

__@_'-'

100 sats \ 0 replies \ @BlokchainB 19 May

👍

50 sats \ 0 replies \ @anon 19 May

400 days of asspulling!

121 sats \ 5 replies \ @mango 19 May

Woot woot.. Moon soon, Mr. Snail

20 sats \ 1 reply \ @orthwyrm 20 May

how did the climbing comp go?

100 sats \ 0 replies \ @mango 20 May

I was held up with some urgent work and couldn't make it.

The event was apparently a national level competition with all the top climbers from all over india.

Will do it next year.

121 sats \ 2 replies \ @carlosfandango 19 May

Horse stance still going?

120 sats \ 1 reply \ @mango 19 May

Yes.. Met a karate black belt few weeks back, and as per him my form is far away from the mark. knees were a couple inch forward and back was not straight enough.

Now doing the stance sideways of a mirror so I can see better. clocked 3m with right form yesterday and today. Pain is far worse than when i clocked 5min with wrong form. :)

100 sats \ 0 replies \ @carlosfandango 19 May

Excellent. Well done. Do it nice or do it twice as long I guess….

125 sats \ 0 replies \ @carlosfandango 19 May

Hoorah!

81 sats \ 0 replies \ @riberet19 19 May

Day 24 of posting till next Bitcoin halving

143 sats \ 3 replies \ @Lux 19 May

Summoned

People are “summoned” or “subpoenaed” to appear before court on a daily basis, however many do not check the paperwork and ask very simple questions.

Note: A “summons” sent through the post is from administrative, or corporate court, and is an invitation only.

To be summoned before a court of law you must first be accused of a crime. You must be presented with a warrant, signed by a judge, which is backed up by an affidavit certified by the accuser.

If you do not know the name of the person who has accused you, and you do not have the name of the judge, then if you are taken you have been kidnapped.

Most warrants today are based on a legal fiction, and not supported by a judge. Furthermore you are not even being summoned to appear in a court of law, but either an administrative court acting as a trust or a judicial court, meaning a court controlled by a Judge and not a jury.

If you accept the “summons” based on a legal fiction, meaning in the name of a corporation, or referring to your legal fiction, then your status and rights have been lost.

10 sats \ 0 replies \ @Coinsreporter 19 May

171 sats \ 0 replies \ @riberet19 19 May

So with that said, a summons is entirely voluntary and you have the right to refuse to come.

51 sats \ 0 replies \ @suraz 19 May

232 sats \ 2 replies \ @suraz 19 May

As we grow older, unnecessary noise starts to irritate our soul.

50 sats \ 1 reply \ @Natalia 19 May

probably due to the pressure to join the society, and many ppl just follow whatever others are doing and ignore their own inner voice, then slowly getting "sick".

Footnotes

Summoned