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alanbwt
Member since: 2023-01-27
alanbwt
alanbwt 13h

Run a node. Verify transactions. Strengthen the network. Become self-sovereign.

alanbwt
alanbwt 17h

Review of Boethius: The Consolation of Philosophy (523 AD) This is probably the best book you can read other than the Bible if you are depressed, at the end of your rope, or grappling with existential questions. Boethius was a Roman nobleman falsely accused and imprisoned by the conquering Ostrogothic rulers. He wrote this book while awaiting execution. The result is an internal dialogue about what ultimately matters when everything is stripped away. How much do philosophy, morality, and all these abstractions mean when one is facing death? He explores all sides of this question with intellectual honesty and arrives at an inspiring conclusion. He finds consolation. And yet he still suffers. It is often called one of the greatest works of the Middle Ages. And Boethius himself is considered one of the last true Romans. The book lives up to its reputation.

alanbwt
alanbwt 17h

“If you meet the Buddha on the road, kill him.” — Alan Watts quoting Linji Yixuan

alanbwt
alanbwt 1d

Them: Bitcoin or …? Me: Bitcoin.

alanbwt
alanbwt 2d

Jesus never asks us to do anything he isn’t willing to do himself. He practices what he preaches.

alanbwt
alanbwt 2d

Have a blessed Sunday.

alanbwt
alanbwt 4d

Critiques aside, this is a hilarious impersonation. 10/10 delivery

alanbwt
alanbwt 4d

The market appears to be discounting all Bitcoin treasury companies to 1x mNAV or lower, which makes sense given Bitcoin owned by treasury companies is often encumbered by debt, dividends, and other obligations. Whereas Bitcoin in the wild is free, unencumbered, able to move anywhere on Earth in ten minutes without anyone’s permission.

alanbwt
alanbwt 4d

It is rational for Saylor to want to buy Bitcoin himself and sell stonks to you. The important question is whether it is rational for you to buy his stonks instead of cold hard sats.

alanbwt
alanbwt 6d

Running RDTS on Bitcoin Knots version 29.3.1 on one of the two nodes that I manage as of today. Bitcoin is a monetary network, not an arbitrary data storage network.

alanbwt
alanbwt 5d

Yes, Bitcoin ETFs, Bitcoin Treasury companies, basically any tradfi paper Bitcoin play where you don’t actually get to hold the keys is a Suitcoin.

alanbwt
alanbwt 24d

It’s not used as money more than Bitcoin. Not even close. Lightning alone processes over $1B per month in transactions, compared to Monero’s 600K. If you include on-chain, Bitcoin is orders of magnitude higher usage as a medium of exchange.

alanbwt
alanbwt 24d

Yes, the problem is you still need to trade in/out of it, which is when the privacy breaks down. If it cannot create a sufficient circular economy, its future prospects are extremely limited. And for those use cases where privacy is direly needed, there are already a number of ways you can achieve that with Bitcoin.

alanbwt
alanbwt 24d

Monero bros are, broadly speaking, well-intentioned. The problem is they haven’t thought through the game-theoretic outcomes sufficiently. To put it simply, Monero is a terrible Trojan horse. It’s hardly on any major exchanges, sees limited usage, and thus cannot enter the fiat walls of Troy. Bitcoin is The Way.

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"This is it." Author @npub109gj5765thuet2hj2nk2j9r89a03xm2cpd0jp8rel2mqd68cn04s5wvahd | Dev @npub1fjh05rc223et4emdwex3ec34qya339szfe2w6yf8vcguuqrclh6s8us2yr

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