Got back to my daily routine today 100% always good to get back to what works we can easily be swallowed into the distractions of this world that take us off our path to greatness.
Sigh, let's hope I can make the trust algorithm good enough we can stop some of the low quality shit self-voted into the main page ... otherwise we'll need users to tell us explicitly they don't like stuff or raise the cost to post.
A user who is very active maintains several accounts (at least 5 of them ... they keep adding more). All of these accounts have built up quite a bit of trust by virtue of being quite active and occasionally posting good content.
Today, they posted 10+ meh podcasts and articles, and within 5 minutes of posting them they upvote them from their other accounts ... They basically end up deciding what's on the main page rather than users deciding.
It's good they're doing it because it's making me aware the algo needs improvement and provides the data for me to test new algos ... but it's also sad that I'm allowing them to abuse everyone's attention.
There's a lot I can do to prevent it. Cluster detection in the trust graph or accounting somehow for content users aren't upvoting.
Is the problem that the podcasts and articles are getting 10 or 20 sats upvoted from an account or two with trust, or is the problem that quality posts aren't getting even a half dozen upvotes and on average well under $0.05 (~100 sats) tipped (which, if it they were getting 100 sats, that would cause them to be vaulted up above the posts with $0.01 (~20 sats))?
For the amount of sats airdropped daily (yield), seeing essentially just five or ten upvotes max on most "quality" posts even indicates 99% (or whatever) of visitors are essentially stacking only and not upvoting content they like and want to see more of.
I mean, I've thought about it. It's realanonymous money.
One could scrape the linked posts and do some data crunching to generate leads on interesting content.
Create a few accounts and watch those websites via rss.
Funnel all the sats to the same account.
Yes, part of the magic is the uniquely small value they have yet are still able to be transferred. We can start dealing in millisats on the lightning network but that's even more of a trust-required situation than sending 1 sat on the lightning network.
It would be interesting to see Bitcoin adoption in countries where 1 sat is equivalent to that countries "dollar" denomination (and whether or not this causes transaction issues in daily life).
I am not quite sure this economy exists (perhaps Venezuela might qualify).
We might be thinking about this wrong. 1 sat = 1 dollar could mean sats become more valuable or the dollar becomes less valuable. If 1 sat increases in value, then sats lose some of their magic. If dollars lose value, nothing changes.
Good insight - I suppose, it's more about what $1 can purchase when 1 sat = 1 dollar.
If the dollar inflates to the point in which anything less than a dollar (by today's standards - pennies, nickels, etc) has zero utility then the dollar becomes the base denomination and a 1:1 ratio would have no material impact on transaction capabilities
I hate technical analysis (1 sat = 1 sat), but if you look at weekly candles and RSI levels, the current market we are seeing is equivalent to when Bitcoin was 5k on March 2020 and when Bitcoin was $3k in December 2018
Zelensky and Putin are in love with each other no matter what the media tells you. But their society forbids their love…so they cause war so that they can see one another’s face on TV.
It comes full circle. First trump is accused of peeing on Obama's bed in Russia, now putin and zelenskyy are pooping on each other's bed. What's the deal with billionaires and confusing a bed with the toilet?
I just realized Elvis fell asleep on the toilet and died... this is spooky
A passive NFC card with access to your sats is such a bad idea I really don't know where to start with you guys. For someone that lives in a world where opsec is essential, to think you would expose your sats with no authorization on a device that can be read from meters away that you carry around everywhere you go is discombobulating.
Have you never had your cards skimmed?
I dont know if theres any way to secure the lnurl accept have an app popup a confirmation on your phone but at that point you might as well use your lightning wallet
Some do, it's actually an intent registration but the nfc tag needs to have the right prefix to trigger the right intent (like pub sub) Zap and BW have limited nfc uri support but I havent found documentation or where its handled in the source or where the format is defined.
If you are so afraid to go outside because one bad guy will attack you, why do you not stay hidden into your "vault-house"? Life is full of unexpected situations, live it and enjoy the experience, take your own risks and responsibilities. As a bitcoiner youhave full responsibility on your own way how to store, use and secure your stash. Use the damn method of 3 levels stashing, no need to carry with you all your BTC, damn it.
these cards are supposed to be your spending cash, are NOT ALL your cash. You have a dedicated wallet that manage them, with limited amount, that you can refill any time you want.
skimming works with regular visa cards, not with these. Even if a thief will rob you, mostly if they do not see any name/number on it, they don't even know what is that and will throw it away. Even if they put it into a ATM will not work :)
Ad hominem only proves you're a dick. I'm not being afraid by pointing out security problems. Go on being a dick, I'm not interested in fixing you.
Its fine to have spending cash, but you don't store your money out in the open at the checkout counter while you're shopping. You want control over your property at all times. This NFC card prevents you from having this control.
Skimming is skimming, you're not refuting my argument, you're dismising it. If there's a store that takes bitcoin, its going to attract people that know how to steal bitcoin from these things if they become remotely popular.
How is repeating my point and laughing refuting it? I don't even need to open your link to know you're pointing to rfid shielding envelopes. Those are a false sense of security. The instant you pull your card out of it, you get skimmed. It has happened way too many times to my wife and I over the past year and we're getting really tired of having to cancel our card, order a new one, and update all the online accounts with the new card number.
Obsession? Hiding? You're setting up a strawman and arguing against it. good job.
OK boomer, keep your sats locked into a hidden wallet inside a mountain, guarded by an army, because someday somebody will steal them from you with a skimming technique and the shop owner will withdraw all your sats from a damn NFC card.
Business idea for the future: NFC cards protection slip
Soon many bitcoiners will use those NFC Boltz cards and will look to protect them from bad guys...
https://www.aliexpress.com/item/32959268383.html
There could be some basic hardware breaker on the card that by default keeps the NFC antenna disconnected. Like a spot on the card that you need to press and then it starts working.
I thought of this as well, but it only reduces the exposure (like the rf blocking sleeve). When the tag is activated by the reader that's a signal for a skimmer to read it a second time. The electrical contact interface is much more secure than rfid. Even QR-code is more secure. The simpler, less gimmicky method is just to print some business cards with a single-use lnurl-pay qr code. Just hand the cashier the card and they throw it away after using it.