Viewing profile — rufusroflpunch

I will hop on that gravy train as well.

I am thoroughly addicted to nostr. I've been building a browser extension for Safari for it, and I feel like I'm part of something amazing being built.

Damus is great and my client of choice. However, the TestFlight beta might still be filled up. If it is, I would recommend pairing a web client with an extension like nos2x/alby (c…

https://www.nostr.directory This tool lets you broadcast your pub key on twitter using a specified format, and the app will add you to the directory, and you can use it to find oth…

What are you getting at, exactly? Are you implying they don't need to fire these people, they just want to? Or are you saying they think they need it, but they really don't?

We're not going to electrify everything.

I don’t think this one example they provided is indicative. Didn’t the BIS just give their okay for banks to hold 2% of reserves in Bitcoin? Also, didn’t FASB just change their acc…

They have managed to concoct a system where people have locked billions in staking while keeping only a tiny fraction of their own Eth staked. Vitalik’s addresses have sold tens of…

Swan Bitcoin is a service for buying Bitcoin, an asset that they do not control or have any influence over. Not remotely the same thing as pumping and dumping token after token.

Never trust a project with its own token.

The simple answer to this is to pay less attention to driving!

I have to say, I think nostr shows a lot of promise. I think there is something special there.

Sorry, I did not mean to insinuate anything resembling cover for these stablecoins. I do not own any and I never would. In fact, I only own Bitcoin and I don’t keep any on any exch…

I think that is a fair critique, but that will be coming at some point, very likely. Either a law requiring 100% liquid reserves, or a law bringing them into the FDIC system.

It’s not really any less of a dollar than any other dollar is. All of our digital dollars are just bank liabilities. Circle and Tether are just banks with dollar liabilities. Their…

No, think of it like burning oil. Imagine it took >1 barrel of oil's worth of energy to burn a barrel of oil. That would be inefficient. So, we're trying to find solutions to trigg…

Joe Biden was a lifelong U.S. Senator, Vice President and a Presidential candidate. They were providing lists of people to silence, just weeks before he was elected as President. A…

I think it's a blatant first amendment violation. Twitter are acting as agents to state to silence individuals. The federal government cannot pick and choose who gets to speak.

What incredible feat of mental gymnastics if in this video?

There are some subjects for which it is not possible to have a productive discussion at all anywhere, and this is one of them. This is an ideological difference so strong that it m…

I would argue it's not necessarily a problem to have liabilities for which you do not have assets on hand, whether it's Bitcoin or some security. The difference between these two s…

This is like pretending there’s no difference between USD and Turkish Lira. There are substantial and material differences between Bitcoin and nearly all other cryptocurrencies.

It matters a bit, as it seemed that FTX had $1+ billion in Bitcoin customer liabilities which have evaporated.

Hopefully it is just a matter of them still trying to figure out the depth and nature of the crimes.

Crypto is a tiny, tiny fraction of global ponzi markets like government bonds or real estate. There is not nearly enough liquidity in crypto to make a difference in those.