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!
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.
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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
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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?
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Not face-to-face, but emergency barter money. bitcoin still works face-to-face except for the shtf scenario.
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Yes, but gold/silver currency has advantages over Bitcoin:
  1. Untracability by default (even if you mark a coin, you can't tell who owns it when you lose sight of it)
  2. No TX fees
  3. Doesn't require network access, so you can exchange currency in the middle of nowhere even without cell data
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LOL! No transaction fees! Ever heard of the premium? 😂😂😂
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No.
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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.
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.
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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.

Footnotes

  1. except that you know they are more safe than any other bearer asset
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Depends on the reason for lost power for six months - if it's so serious, going somewhere else might be better?
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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.
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I seem to rank highest on days when the rewards pool is smallest. Ha!
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People seem to watch it pretty carefully.
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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.
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Hey, the reward pool did get updated. Now you are on the top to make a lot haha
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Hard work pays off.
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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.
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Same! I made a deliberate decision to post strategically just to see how far up the Leaderboard I would climb yesterday. Oh well haha
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How is that working for you?
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11th. Bite my dust haha
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Try to keep up. I didn't even post today.
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You spent more than I stacked!
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That's how it's done. Pay attention, young Padawan.
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I am trying.
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That wasn't aimed at you. You haven't written dozens of articles explaining how to use Stacker News properly. ;)
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haha I have been lately.
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Shilling my weekly hiking post. Smuggler Cove, check it out.
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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.
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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)
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Recovery from our first ever rummage sale. Time to donate the remains!
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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.
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IMAGINE A CITY WITH AN ENTIRE BITCOIN-BASED INFRASTRUCTURE
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10 sats \ 0 replies \ @k00b 19 May
WHAT DOES THAT MEAN :)
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Bullish on NEWLY-FOUNDED, BITCOIN-BASED CITIES.
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Day 1 of my daily posting journey, after I ran out of food and had to trade my hat for supplies. previously: #542249 🤠⚡

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21 sats \ 0 replies \ @suraz 19 May
Welcome back again
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37 sats \ 0 replies \ @k00b 19 May
I need to start doing yoga again. My joints are starting to feel starved of variety.
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20 sats \ 2 replies \ @Taft 19 May
Power corrupts you more than it consumes you, says Primo Levi.
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Acton actually wrote "Power tends to corrupt, and absolute power corrupts absolutely." A small distinction, but still distinct.
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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?
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If you want this, step 1 is separate education and state.
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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. https://www.youtube.com/watch?v=SyWC8ZFVxGo
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62 sats \ 1 reply \ @gnilma 19 May
Good morning stackers.
Day 112 of 100 push ups till $100k completed.
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21 sats \ 0 replies \ @suraz 19 May
💪💪 we can do it...
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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.
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20 sats \ 0 replies \ @suraz 19 May
Go go 💪💪
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I will beat the 2 minute challenge at BBB. Believe it!
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Big baller brand?
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this close 🤏
Bit Block Boom
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Day 153 of posting mining earnings from the day before: 297 sats on 18May2024! Running total: 93,349 sats!
It's Sunday and it's a good day to stack
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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.
or
  • perfume for bad body scent
  • makeup for bad skin
  • titles for incompetence
👀
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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.
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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.
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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.
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Exactly right. My experience.
Curious too about SN in 100x regime ;)
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I would personally much rather see SN in a 2x regime, where the new people are of similar quality to our current stackers.
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.
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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.
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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.
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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
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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.
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Keep writing until you build up that habit, then you will feel bad if all you do is consume all day without producing. 🫡
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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.
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!
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more like makes you worry about the scale of the scam that we are living in and it's still running...
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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.
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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.
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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.
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Turkey teeth!
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me chenking what is this...
oh the veneers?
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I knew you'd chime in!! :D
What do you think? Have you seen it irl?
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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. 👀
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21 sats \ 1 reply \ @random_ 19 May
You have to get them maintained! It's a conspiracy by big teeth.
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social media teeth 👀
ppl have fake everything these days, the cheat code should be natural.
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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.
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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.
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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?
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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
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GM ! Day 10 of my 10000 steps challenge.
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Go for it!
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42 sats \ 0 replies \ @zana 19 May
Good morning :) You have a great day.
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Good luck!
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Day 400 of snailposting everyday 'til BTC hits $100k.
__@_'-'
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👍
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50 sats \ 0 replies \ @anon 19 May
400 days of asspulling!
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121 sats \ 5 replies \ @mango 19 May
Woot woot.. Moon soon, Mr. Snail
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Horse stance still going?
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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. :)
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Excellent. Well done. Do it nice or do it twice as long I guess….
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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.
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Hoorah!
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Day 24 of posting till next Bitcoin halving
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143 sats \ 5 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.
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So with that said, a summons is entirely voluntary and you have the right to refuse to come.
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232 sats \ 2 replies \ @suraz 19 May
As we grow older, unnecessary noise starts to irritate our soul.
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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".
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yes you are right.. World is going weird.
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Snail check? 400?
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10 sats \ 0 replies \ @suraz 19 May
Slowly but surely
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Snail has been delayed today because it's a snail, but it's coming,
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