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unboxingelf

596 karma · joined December 17, 2021

study bitcoin

if you don't believe me or don't get it, I don't have time to try to convince you, sorry.

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unboxingelf··on GitHub is down again
1 engineer, 1 month, 1 million lines of code.
unboxingelf··on Threads edges out X in daily mobile users, new data shows
Who cares. From one walled garden to the next. Renting identities on permissioned networks is so tiresome.
unboxingelf··on If AI replaces workers, should it also pay taxes?
I argue there is a more fundamental problem with the money: Debasement.

Debasement is an invisible tax and its effects far outweigh individuals bypassing taxes.

unboxingelf··on Windows 11 adds AI agent that runs in background with access to personal folders

  It's a massive flaw in how Azure works and why it's 10x more complicated than AWS or GCP.
Wait until you try OCI.
unboxingelf··on Show HN: ChartDB Agent – Cursor for DB schema design
Nice thanks, I was finally able to design the schema for my dog turd tracker. The foreign key to the smells table was a great suggestion!
unboxingelf··on macOS Tahoe
You’re not the only one.
unboxingelf··on macOS Tahoe
Who is macOS designed for? I assume a non negligible customer base are software professionals and this iOSification of the desktop is borderline hostile. I don’t get it.
unboxingelf··on I want everything local – Building my offline AI workspace
In addition to self hosting, anonymous access to hosted inference is another interesting path.

There’s a “A Decentralised LLM Routing Marketplace” being built out on nostr that leverages ecash.

https://www.routstr.com/

unboxingelf··on Genie 3: A new frontier for world models
The Simulation Theory presents the following trilemma, one of which must be true:

1. Almost all human-level civilizations go extinct before reaching a technologically mature “posthuman” stage capable of running high-fidelity ancestor simulations.

2. Almost no posthuman civilizations are interested in running simulations of their evolutionary history or beings like their ancestors.

3. We are almost certainly living in a computer simulation.

unboxingelf··on Foreign Scammers Use U.S. Banks to Fleece Americans
KYC only hurts law abiding citizens.

Criminals just use stolen identities (from breaches of KYC data).

unboxingelf··on Delta Chat is a decentralized and secure messenger app
The analogy works in the visibility sense and I see why you might assume there’s a blockchain involved in Nostr. But to clarify, there is not.

It’s worth highlighting as there are many affinity scammers spinning up tokens/blockchains called “Nostr”.

unboxingelf··on Delta Chat is a decentralized and secure messenger app
Nostr doesn’t have a blockchain or token.

Notes and Other Stuff Transmitted by Relays.

It’s just signed json messages distributed by [websocket] relays.

unboxingelf··on Show HN: Qrkey – Offline private key backup on paper
superbacked, now free and open source, does exactly this.

https://superbacked.com/

unboxingelf··on Block to roll out Bitcoin payments on Square
Lightning is a layer two protocol on Bitcoin. It supports any Lightning wallet including CashApp.
unboxingelf··on Mistral OCR
Take a look at MCP, Model Context Protocol.
unboxingelf··on Mistral OCR
We’ll just stick LLM Gateway LLM in front of all the specialized LLMs. MicroLLMs Architecture.
unboxingelf··on No Bitcoin ETFs at Vanguard? Here's why
The rare, correct Bitcoin take on HN.
unboxingelf··on Apple introduces M4 chip
Apple is UX-first, not privacy-first.
unboxingelf··on Crypto Mixer Samourai Wallet's Co-Founders Arrested for Money Laundering
Albiet a KYC mixer whose database will inevitably be leaked.

But I digress.

unboxingelf··on Crypto Mixer Samourai Wallet's Co-Founders Arrested for Money Laundering
> No, but it's reasonably suspicious

So you agree there may be valid, legal, usecases for this technology for Americans?

The fact of the matter is Americans used to have a degree of financial privacy and the state is in the late stages of revoking it. Far more crime is done with USD than Bitcoin.

unboxingelf··on Crypto Mixer Samourai Wallet's Co-Founders Arrested for Money Laundering
Have you ever considered there may be legitimate use cases for such technology? Like normal Americans maintaining financial privacy?

Cash was a private, p2p currency before it was basically replaced with corporate, permissioned and surveilled credit.

Bitcoin is pseudonymous p2p money but the ledger is public. Obfuscating bitcoin to prevent 3rd parties from seeing your balance is not money laundering.

unboxingelf··on We have 4 days to contest KYC being required by internet services
Why elect a king when you already have a private group of bankers running the show
unboxingelf··on Movie industry demands US law requiring ISPs to block piracy websites
Digital information wants to be free.
unboxingelf··on Why the 2% inflation target? (2023)
This guy gets it. Bitcoin fixes this.
unboxingelf··on Bluesky and the AT Protocol: Usable decentralized social media
Bluesky is not decentralized. It requires a phone number to sign up and has a CEO. The only thing remotely decentralized about it is the ambition of federation.

If you want a decentralized social network, checkout nostr or mastadon. And of those two, only nostr is censorship resistant.

unboxingelf··on I don't want anything your AI generates
This will age well.
unboxingelf··on Amazon and iRobot call off their planned acquisition
https://archive.is/lrr0Z
unboxingelf··on Bitcoin is dead, but it was a good try
The same phenomenon occurs when he talks about securities like TSLA or Dogcoin.

Your entire comment lacks substance.

unboxingelf··on Bitcoin is dead, but it was a good try
When the fed prints money they debase the currency. Debasement reduces the purchasing power of the existing currency in supply. This means the dollars I traded my time and energy for can purchase less. Bitcoin does not have this problem.
unboxingelf··on Bitcoin is dead, but it was a good try
first: https://99bitcoins.com/bitcoin-obituaries/

> most people would call me a "Bitcoin Maximalist" (I also loved Ethereum).

I would not call you a Bitcoin maximalist. Ethereum is the opposite of Bitcoin.

> Bitcoin is not decentralized

false. Bitcoin mining pools are becoming centralized, but that is only block production. And miners are economically incentivized to include transactions because of the open fee market. Bitcoin validation is extremely decentralized. I run a node and I choose the ruleset. It’s so decentralized it takes years for a change to make it’s way in. Many argue Bitcoin is ossifying.

> nobody gives a damn about having ether.

Agreed. I’d rather own Apple stock.

> NOBODY WANT CRYPTOCURRENCIES

I want Bitcoin because I’m tired of my wealth being stolen through inflation.

In closing, you don’t sound like a Bitcoin maximalist to me. You sound like a cryptocurrency speculator that hasn’t done the work to understand what Bitcoin is.

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