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@pillar
382,715 sats stacked
stacking since: #46342longest cowboy streak: 10
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0 sats \ 0 replies \ @pillar 23h \ on: What’s the best strategy to buy peer-to-peer Bitcoin? bitcoin
https://next.laseca.net/
https://www.meetup.com/bitcoin-barcelona/
That wouldn’t be the case with a stranger, it would be hard to trust someone that you meet online or even on a meet-up to give them cash and wait for the BTC transaction to be over.
This happens regularly without troubles. I've witnessed hundreds of trades in meetups and other similar gatherings, never an issue.
404 sats \ 4 replies \ @pillar 28 Sep \ on: the more mempools differ, the slower compact blocks transfer bitcoin
The premise that some marginal improvement on miner efficiency is a higher priority than nodes being sovereign on their private mempools is... funny.
0 sats \ 0 replies \ @pillar 17 Sep \ parent \ on: Cashu vs custodial Lightning bitcoin
That's true. But if they're going to ask that to everybody, it's pretty much the "rug EVERYONE" scenario, only with the fact that they forgive you if you surrender.
Having said that, it feels convoluted. Let's add an extra layer to our stack to avoid accounts... so we can then make accounts?
1202 sats \ 3 replies \ @pillar 17 Sep \ parent \ on: Cashu vs custodial Lightning bitcoin
On the can be rugged bit.
I think it's important to nuance the effect of ecash having no concept of identity.
A regular custodian, like Wallet of Satoshi, can decide to rug YOU specifically and intentionally. The cops can come over and say: "we don't like this john@doe.com, freeze him", and WoS would be able to do it.
On the other hand, while an ecash mint can rug you, it can only...
  • Rug EVERYONE (basically stop working).
  • Rug people randomly here and there. ... but they can't rug YOU specifically.
I think this changes the game theory around the custodian relationship quite a bit and has serious implications regarding how government may relate to a normal custodian vs an ecash mint.
63 sats \ 0 replies \ @pillar 20 Aug \ parent \ on: Cost to employ a €60k worker across Europe - #1 France - €95k for €40k take-home charts_and_numbers
Technically it's only 48K taxes strictly on the 85K income.
The other 7K come from the other taxes. Mostly VAT.
But I'm afraid it is right.
31 sats \ 0 replies \ @pillar 8 Aug \ on: GitHub CEO: Future devs will not code, they will manage AI | Thoughts? AI
My thought is I'm seeing a guy who makes money selling AI as a service insisting on how AI as a service is going to be massive and inevitable.
I mean.
110 sats \ 1 reply \ @pillar 31 Jul \ on: Two economists are walking in a forest... lol
It's not just two economists... It's Bernanke and Krugman!
44 sats \ 1 reply \ @pillar 25 Jul \ on: SNZ presents - N A K A M O T O - issue #18 meta
I never imagined my degeneracy would end up in a zine, what a lovely day.
I love how you respected my typo on the first episdoe.
Here, have some sats.
36 sats \ 1 reply \ @pillar 23 Jul \ on: Best FOSS Speech Recognition App for Grapheme OS? tech
If it works for you, I simply record myself with a normal recorder app then turn the recording into speech with https://whishper.net/.
Finally, you can use an LLM to clean the transcript into decently structured text if you need that.
Operation Saylor - Episode 37/120
13.3k sats \ 11 comments \ @pillar 20 Jul bitcoin
41 sats \ 0 replies \ @pillar 10 Jun \ on: Is the brain a biological computer? AskSN
I think looking at a baby laugh is proof enough that human brains and LLMs are two different things.
If you haven't watched it, you might enjoy this movie. Came to mind with your reference the brain's soul.
27 sats \ 2 replies \ @pillar OP 26 May \ parent \ on: Gresham's Law has nothing to do with Bitcoin bitcoin
Good call.
Lyn making a wrong move is quite a sight. I think it's the first time I see that.
0 sats \ 0 replies \ @pillar OP 26 May \ parent \ on: Gresham's Law has nothing to do with Bitcoin bitcoin
Well, if you want to take Wikipedia as a common definition...
Under Gresham's law, "good money" is money that shows little difference between its nominal value (the face value of the coin) and its commodity value (the value of the metal of which it is made, often precious metals, such as gold or silver),
Gresham's Law has nothing to do with Bitcoinpablohere.contrapeso.xyz/writings/gresham-law-has-nothing-to-do-with-bitcoin.html
10.3k sats \ 19 comments \ @pillar 26 May bitcoin
126 sats \ 1 reply \ @pillar 8 May \ parent \ on: "Wages, adjusted for inflation and housing, are higher than they've ever been." charts_and_numbers
I remember having tea with a Turkish man and having him tell me with a straight face: "I'm not having any children with this inflation and economy. I just won't."
That cuts deep.
11 sats \ 1 reply \ @pillar 4 Mar \ on: The Rise of the Perpetual Trust Politics_And_Law
@k00b, I don't know if you are a polymath, but your content consumption surely looks like one's.