0 sats \ 0 replies \ @DiedOnTitan 2h \ parent \ on: Open source is neither a community nor a democracy opensource
Very well said. This aligns with my own experience. Open source, like other volunteer projects, generally allows new people to insert themselves and participate in some niche and often overlooked aspect. If that participation creates value, your influence grows. If you stick with it long enough, you essentially become the hub of that sphere of influence that you have built. These hubs do not usurp the work of others, but rather enhances the overall project and over time you become the trusted and indispensable go-to person for that area. It's a very empowering feeling and one that carries over to other aspects of life.
With only upside potential and no downside risk, this can really take off. Rent becomes an investment opportunity. Love it.
As an added incentive to entice residents to pay with Bitcoin those who do will automatically be eligible to split any future price appreciation over and above the paid bitcoin 50/50 with the property anytime for up to 180 calendar days after they originally paid.
THAT is a pretty sweet orange pill move right there. I presume that if Bitcoin depreciates relative to fiat you will not punish them, in which case, this makes a whole lot of sense sats.
What is the one creature that poops cubes?
Spongebob Squarepants is not the correct answer.
Wombats poop cubes.
The early bird gets the worm, but the second mouse gets the cheese.
Speaking of which: Nacho keys, nacho cheese.
There are indeed aspects to the Bitcoin protocol that cannot be manipulated or changed:
- Fixed supply: There will never be more than 21mm.
- Immutable ledger: Transactions once validated under a few blocks cannot be double spent, changed, or deleted.
- Consensus rules cannot be arbitrarily changed.
- Decentralized: No single entity has control over the entire network.
Other PoW monetary systems like Wampum bead belts for example, used by Native Americans were not easily manipulated either. Not with the technology they had at the time. Trade worked for centuries with it. Gold could be diluted, but served humanity pretty well for millennia. I am bullish on the immutable properties of Bitcoin as well, but the price to fiat can, has, and will get manipulated.
One day I got a knock at my door. I opened the door and no one was there. I looked down and saw a snail. I picked it up and threw it across the yard. 6 months later I got a knock at the door. I opened it up and the snail said, "Hey! What the hell was that all about?"
Bitcoin is the purest, most accurate, most unable to be manipulated base layer of a value communication system ever utilized.
I would be careful with this claim. Certain aspects of bitcoin can and are frequently manipulated...namely the price. Whales can manipulate the price all day long. Buy $1 billion in BTC, sell $1 billion in BTC, the price gets thrown around like a pitbull shaking a chew toy. Normies get their panties knotted in a twist when the price drops 50% in a day or two. Grizzled veteran hodlers see a buying opp.
We have seen ordinal jockeys manipulate the tx fee dramatically. Look at the sat/vB on block 840005 as a recent example.
China banning mining caused a huge (temporary) drop in hashrate.
ETFs and big exchanges like Coinbase building up huge reserves of Bitcoin could re-hypothecate and cause pricing distortions....and so on.
21 sats \ 0 replies \ @DiedOnTitan 15 May \ parent \ on: How do you optimize your learning? alter_native
I don't take notes, typically. Nor do I highlight. But I look up every single word that I don't know. And I frequently look up the etymologies of words as well. This practice has improved my vocabulary immeasurably. Also, I concentrate when I read so that I comprehend what I am reading. Sometimes I will catch myself scanning without internalizing. I will then reread what I glossed over so I capture the meaning of the sentence or paragraph.
Reading is key. Reading high quality material accelerates learning. You get decades of an author's knowledge and experience condensed into a few hours of focused reading. I can feel my brain and spirit growing when reading good stuff. Optimize your learning by reading great books. Full stop.
Dave is wrong. An ounce of gold in 1924 was $20.84 and today it is $2,370. That is 8.7% average return over a century.
All of his fiat denominated assets, and those of his followers, will have their day of reckoning. Fiat is speculation.
That sounds fascinating and intriguing. And it adds color to your exoself idea with a very concrete example. A physical extension of a person that made their house an extension of their body or mind.
I was thinking more of a metaphysical extension of one's being captured in art or writing where a person's physical being, which inevitably withers, is replaced by a metaphysical embodiment of their mind which if done well has the potential for immortality. When one thinks of Socrates for example, although he did not write a single word, Plato captured his dialogues in a timeless manner where we have a very good sense of who he was shaped by Plato's writings that survive.
There are more abstract examples, such as Euclid, who gave us Elements, which laid the foundation for mathematics. His writing tells no story with no characters, but the progression of his theorems are so elegantly structured that we get a sense of the greatness of his mind - or exoself.
And of course, Satoshi gave us Bitcoin which has every possibility of surviving for centuries and positioning his exoself among the very greats in history.
I am curious what other concepts could be effectively illustrated this way?
Comparing the size of celestial bodies for one.
The vast majority of people exist exclusively within themselves and when they die, they are completely and utterly forgotten. To put it in your terms, they have no exoself. The only people we know of from 100 or 1,000+ years ago are those who have:
- Lived a life worth writing about.
- Wrote something worth reading. And this is a high bar, because the vast majority of writing will not survive the cruel threshing machine of time.
Chess is debatable. Taking of pieces, if you squint really hard, is an abstract form of killing. It is however notable that checkmate does not actually remove the king from the board, but puts him into an impossible position.
To be clear, the difference between Chess and Call of Duty could not be more stark.