mister_monster

wisp is bad ass. What nostr on mobile could've been this whole time. https://github.com/barrydeen/wisp/ Unless I encounter some absolutely unacceptable bugs soon I'm gonna say this is it for me.

Isn't there some service out there that let's you purchase AI tokens with bitcoin and monero and stuff? Where did I see that, I can't find it now.

While I think the connections to nostr and bitcoin drawn in this write up are somewhat tenuous, the idea that agency separates mindless automatons from minds, the implication that this means a mind cannot be created with computation, and many of the points directly derived from the principle about freedom from algorithmic entrapment are compelling, and the concept very much vibes with my ideas about what minds are and is a good framework to explore. I'd love to read the source article about the agency hypothesis presented here. nostr:naddr1qqgr2epkxyekgcfnv43nqef5vcervqglwaehxw309aex2mrp0yh8gmmhv9exgumvd93x2un50yhxxmmd9upzpdlddzcx9hntfgfw28749pwpu8sw6rj39rx6jw43rdq4pd276vhuqvzqqqr4guy05x50

FCKD 😂🤣

MicroStrategy moves 58,915 BTC to a new wallet. Saylor pinky promises it's just because they wanted it in a different wallet because reasons. Things are happening faster than I thought. 📝 d075c912…

Alright bros, let's do this. I have never and don't usually talk price action, but I want to now because it ties very closely in with the future of Bitcoin and a lot of things I've been talking about over the years with regard to the game theory of bitcoin and it's long term viability. Bitcoin is headed for a price collapse very soon, but this one is very different from previous bear markets. Here's the timeline that I expect to see: 1) Bitcoin drops below 100k USD by the end of January. The 4 year cycle may be self fulfilling, maybe not, but we are at the end of one already. Expecting such a blatantly apparent pattern to the point that people treat it like terra firma to not happen this time because reasons is as delusional as expecting the price of some shitcoin to go up forever because tokenomics. Even if I'm wrong, it's bad calculus to bet against it. 2) MicroStrategy begins to liquidate to cover investors. MicroStrategy has been leveraging their Bitcoin purchases by selling shares who's valuation is entirely based on their Bitcoin holdings, then buying Bitcoin with them, thus raising the price of their shares, and on and on over and over. This cannot go on forever. They are the largest non-satoshi holder, so expect this to be an earthquake. 3) ETFs begin to see massive outflows. People love to talk about Bitcoin ETFs as if they're guaranteed demand. They're not. They can smooth volatility, but outflows can happen as easily as inflows, they're speculative also, people will buy and sell them with the price. If the above 2 things happen, this will too. If all this happens, then of course Bitcoin's price will drop significantly. Nothing new. So how is this one different? Well first, it breaks all the prominent models, stock to flow, power law, all broken if Bitcoin peaks around where it is now. Stock to flow is a great idea, but it neglects one fundamental measure, demand. I can have an nft with a stock to flow of infinity, if there's no demand for it it's worthless. Demand for bitcoin cannot be just taken for granted, and if you're serious about trying to find a real world value for it you can't do that. Second, I talk a bit around here about how Bitcoin's value is its security, and the supply cap means security is doomed to failure and therefore so is it's utility and price. If you're interested in my takes on that check out my public bookmarks. I thought before that Bitcoin had one more cycle in it before that process began to become apparent, but now I'm convinced that this is the one and there are a few key indicators. First, Bitcoin dropped below the previous all time high in the last bear market. This has never happened before. Second, Bitcoin reached a new all time high before the last halving, this has also never happened before. Third, this bull market, percentage wise, has been incredibly lackluster compared to previous ones. These are all signs that Bitcoin is experiencing peak hype by speculators, which let's be honest, almost all of you are. The act of predicting the future and making decisions based on that is called speculating. Finally though, and this is the real big one, block space demand is not going up, hash rate is not going up. These are very very bad signs. All previous cycles saw transaction fees skyrocket and hash rate multiply, but not this one. These are signs that the security of the network is decaying. These are indicators that my thesis, that the security of the network will collapse as a result of capped supply, is beginning to occur. And Bitcoin's value, what we are trying to find when we price it, comes only from it's security. So I fully expect that after this peak, which either has recently happened or is going to happen next month, Bitcoin will enter a decade long bear market. I am going to get a lot of hate for saying this, but you always get hate at 6am when you tell everyone you're out of blow and its time to go home. The party can't go on forever. I expect there to be a lot of "what happened?"s and "I don't believe in the mission anymore" and the like. But not everyone will give up, there's those of us that still understand the true value in money like this. So I expect a decoupling of the crypto markets from Bitcoin. I expect some things to begin to have their own market movements independent of Bitcoin. I don't know all what, but from where I sit basically the only big blockchains that have the utility for that are Monero and Ethereum, I don't think it's a bad bet to assume they'll be in that club. I do expect, when the damage is surveyed and with the clarity of hindsight, someone will try to fix the problems in Bitcoin that will lead to this, after whatever infighting inevitably happens. I do not know whether it will succeed. I hope it does. It's not going to happen next year, I expect that it won't happen until the next all time high doesn't arrive. That of course doesn't mean there won't be ups and downs over the next decade. There will be, of course. But I expect no new all time highs for 10 years. I expect the governments to come and tell us they have to ban and regulate this technology to protect investors. We cannot let them do that. The only blockchain community that I know of that outright refuses that offer is the Monero community. I hope we see success there. I'm not just some doomsayer or naysayer. I love bitcoin. I'm not a trader or a number go up guy. Try to find as detailed an explanation as I've given here and elsewhere from the likes of Cramer and Schiff. I'm actually explaining what I see. Those guys will of course gloat, but they don't have a clue. I hope their gloating leads the governments to dismiss us again, we are gonna need it. But there have been serious architectural problems with Bitcoin, and some serious refusal to see what's in front of us, that inevitably led here. I'd say I hope I'm wrong, but I don't. I'm certain I'm not. Even if I'm wrong this time, what I've warned of is coming. But I don't hope I'm wrong because something better can come after. Not better *than* Bitcoin, better *for* bitcoin. And at this point I don't believe there's any other way for that to happen, and I don't believe it's avoidable. And so, I firmly believe, we are on to the next chapter of the story. Let's make it a good one.

When people start acting like it's gonna go up forever, that's a sure sign the end is nigh. 📝 2917a7d1… Relevant: 📝 ee39f030…

Bitcoin block space demand is at a 14 year low while the price is just below it's ATH that it broke a week ago. These two happening at the same time is a very troubling thing. At the same time, MicroStrategy is leveraging their entire company on the run up. It's a house of cards multiple times bigger than any exchange exit scam you've seen in any cycle before. Is this the cycle when we rug the banks? Until recently I've been thinking not, that we had one more, but it really does look like it. For reference: 📝 ee39f030…

Anybody wanna try out white noise? I created an npub just for it as a stopgap until it supports amber or other remote signers, it's in my kind 0/profile description. Feel free to message it

the most powerful force on earth is to earn your brother's trust.

What's fun on the internet nowadays? It seems like theres very little. Nostr can be fun. What else?

People trying to be bitcoin influencers without preparing for the vigilance with which they'll be received. There's still plenty of number-go-up maxis to prey on though. "Buy my book" smh. You've got to be genuine to have anything valuable to say.

This has to be the most disingenuous person I've had the pleasure of conversing with on nostr thus far. Gotta love it. 📝 7c585e59…

I don't usually do the political thing... Call me crazy. I think they're going to arrest Obama.

Prices.

> Oh my god are people really still talking about the fact that the world is run by people who see the rest of us as resources to be used as desired with no regard for the morality of their actions? We have so much more important stuff to talk about, like stock price numbers and natural disasters that happen 2 or 3 times a year. It's insulting really that we have so many important things to talk about and all the people want to talk about is the government sanctioned worldwide slave market that harvests their children with impunity. Lol I honestly can't believe I'm the only person in my feed so far to talk about this, I'm usually the one not engaging in the political noise of the day.

Create something novel today. Use your mind, your imagination, and create something. Then, use your body to make it real, use your kind to figure out how to do that along the way, and make it real in the world. Enjoy the process, because that is what it means to be a higher being.

So, delving into ecash a little deeper. I think I want to change up my ln stuff for this npub, currently using minibits but it doesn't support multiple accounts and "prefers" their mint. So I want to check out something else, it seems the only cashu client on mobile besides minibits that isn't a just a browser extension is nutstash. Install the APK (online info says it's web only) and I can't input existing npub/nsec, only able to generate a new disposable one, something I'm not interested in doing. "Help" is grayed out, and the online docs say "use with existing nostr clients like alby" (which is already a ln client and also a browser extension, Why would I use a ln client that requires another one???) but no actual info on how to do that, whether it supports amber, nothing. Does anyone know how I can use nutstash with an existing npub? Also does it support ln addresses? It looks kind of funky with regard to that, not seeing a ln address or anything like that really. Minibits was very easy, you generate a wallet, add mints, it spits you out an address, you add it to your kind 0, done. I need help navigating nutstash, and docs seem to be lacking as of right now. Does anyone out there reading this have experience with this?

Bots that auto react my notes get blocked. I don't care how interesting you are, if you auto react, blocked. Quit spamming up my notifications. Do people actually follow accounts that do this? @TheHiddenMind

Why are the nostr.land relays asking me to pay to fetch other people's posts? I'm not doing that lol I'll pay to send posts and make them available to others, they pay to make theirs available to me, thats how that is supposed to work right? Unless it's a Dara vending machine that's senseless.