Episode 2 – Fractional Reserve Banking is Obsolete

Dude, BIP39 words with Shamir Secret Sharing on an open standard is like a wet dream I once had.😅

I agree with @npub1az9xj85cm… . Knostr needs to fix the filters.

Physical access is root access. 🤝

Without video, how do I see shirtless @npub1az9xj85cm… ?

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dB near zero ⚡

OpNext was great. Run your testnet4 CTV + CSFS client. https://.GitHub.com/average-gary/bitcoin Has Sv2 enabled branch too.

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Happy to discover this AI and coding podcast

Does ecash enable blinded auditing for bitcoin books? 🤔

First 30min is 🤌🤝🔥

"Wingman will be a nostr-native dev matching site" -@Alex_Gleason_🐍 @npub1q3sle0kvf…

"@npub10pensatlc… doesn't zap enough" -@Alex_Gleason_🐍 @npub1q3sle0kvf…

Being average is going to pay off so well. 🤝

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If it doesn’t have in app unilateral exit, it’s custodial, period. This is not negotiable. If something is not implemented then it simply doesn’t exist for the average user. 99.99999% of Spark users don’t even know a CLI app exists let alone how to use it. Without local caching and unilateral exit actually implemented in the app and having hard dependency on operator cooperation to exit then it’s custodial. Listen I actually like Spark and think it makes reasonable tradeoffs in a world without covenants, but as it stands it’s a custodial product. Happy to revise this once we see an actual implementation of unilateral exit and more operators and LSPs, but it’s just the honest reality today.

If it doesn’t have in app unilateral exit, it’s custodial, period. This is not negotiable. If something is not implemented then it simply doesn’t exist for the average user. 99.99999% of Spark users don’t even know a CLI app exists let alone how to use it. Without local caching and unilateral exit actually implemented in the app and having hard dependency on operator cooperation to exit then it’s custodial. Listen I actually like Spark and think it makes reasonable tradeoffs in a world without covenants, but as it stands it’s a custodial product. Happy to revise this once we see an actual implementation of unilateral exit and more operators and LSPs, but it’s just the honest reality today.

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Glad to hear privacy efforts aren’t dying 👍🏻👍🏻👍🏻

Best quarterly update

Art is sometimes used for money laundering.

Go watch Operation Orchestra in youtube.

THE BLOCK TEMPLATE FOR MINING IS NOT AS IMPORTANT AS THE COINBASE TRANSACTION. THE COINBASE PAYOUT DETERMINES WHO GETS PAID. THE TEMPLATE DETERMINES HOW MUCH. WE NEED MORE POOLS. #eHash

A NAVY FIGHTER PILOT?!?! But is he coming to the Bitcoin Veterans Summit 2025?!?

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God, Bitcoin, Glory

Missed the window to run for Governor in Virginia. But with a few years planning, could run.

Participate in the Bitcoin tax revolt against inflation.

Great episode. Fedimint is getting interesting.

OP_ValidateMessageSignature OP_VMS VMS aka CSFS

That's OSMU taking the bitaxe donations. Need more manufacturing implementations. Just like Core

libbitcoinkernel maximalism

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Payjoin is awesome and appreciated 🫡🫡

When do we get a Wives Meetups at the Park? But it's just a spa day where the other wives can orange pill my wife. 🙏

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Love the Schwartz shoutout

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Set up a test account with Iris. The automatic npub.cash address you mentioned is amazing.

I thought clawstr was a shitcoin before I saw Derek talk about it on nostr. For the record, I am 99.99999999% sure Marti has nothing to do with it. The only reason I am not 100% sure is because I can't prove a negative. :)

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Came back and listened again after another assassination attempt on Trump. Fuck…

Second listen through.

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It's fun listening to people pontificate about AI that don't understand it's wizardry.

Mid and upper models of Flair Espresso maker are plastic free in the brewing areas and around $400-500. Tradeoff is it’s manual but that is just more proof of work. Pair with a metal hot water kettle and you’re all set.

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Pioneer or die.

High signal

👍🏻🫡 Thanks for the Fed acknowledgment, classy move

⚡️⚡️FINANCE BRO PODCASTS ARE THE REAL SHITCOIN!!!!

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We should have a nostr key signed fork of Core. What would be the bar for signing with your nsec? #asknostr

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Probably do either have to go custodial lightning or Cashu for Nostr until we get covenants. Full self sovereign lightning is likely just too hard and niche to reach critical mass on Nostr.

What's the intro/outro song clip from?

Strike bill pay is a game changer. I know," not your keys, not your bitcoin", but if I must use a bank, I would rather use a bitcoin 100% reserve bank.

@npub1tr4dstapt… fedimints could do social recovery.

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Only 35min in but already pondering MuSig or FROST. Don't think it could be blinded though. 🤔

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Colin is great.

https://github.com/m1sterc001guy/roastr Roastr exists.

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Great technical explainer for the SEC chain and how you can do a synthetic stable coin yield pegged to bitcoin. Wen Tether in US markets?

Hi. I'm the dork who asked you a question about Fountain at NosVegas without realizing you were @npub16le69k9hw… . I have a better question this time and I would like to know @npub1s5yq6wadw… 's take too. Why would fixed income investors seek 10-ish% returns when the CPI numbers look fudged? https://primal.net/e/nevent1qqsrxrwdvfsssapmahaz532s87r97gf…