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Wednesday 23 February 2022

Start 9

 My next node project will be on Start 9. Really excited and inspired by what they are doing. 

https://start9.com



Get on SPHINX


I've been running a Shpinx node for a few months now and it is great, chat, photos, calls videos calls and podcasts all in the same slick set up. I recommend it, especially for content creators looking to monetise and for people who want to break out of the Zukerburger. 

Impervious - The Internet on Lightning

Layer 3 bitcoin is the new internet https://www.impervious.ai

You Can't Own Bitcoin You Only Know It

Can we stop saying own and sovereign, bitcoin doesn't recognise ownership, or the law or nations for that matter. Knowledge is all that there is. Math is the only law it knows. You don't own bitcoin you only know the keys or where they are, in that way ownership as we have known it is changed and we can have joint and amorphous knowledge systems. Owning is so last century. 

Wednesday 16 February 2022

Peak Irony - How Ethereum Has Saved us from the Metaverse.. Until Soon..ish

Toying with ideas about electricity and bitcoin is a new philisophical muse of the movement. Projecting into a future where the price of energy goes to near zero for bitcoin hodlers and near infinity for no coiners seems pretty clear. 

Only bitcoin winner need to be focused on energy costs and they seem to be getting it for less and less, where the general public are probably I think going to pay more of their fiat salaries to energy along with their essentials. The ecological effects of higher general energy costs in the short term I think are positive for the ecology. But according to boomer and new crypto enthusiast Raoul Pal, in an interview with Robert Breedlove, energy prices are trending down, not up, and have been for decades. This helped me relax about the plight of the uninitiated. It seems energy and electricity prices will not be likely to hurt the poor here, not from bitcoin at least. This also got me thinking about the same concept with Etherium not with energy specifically but with GPU's. The conclusion is a hilariously relevant take on the current state of crypto for the current technologically minded web3 world. 

Etherium mining has created a massive increase in the price of graphics cards and played a role in the chip shortage that has built up till now over the last few years. The price increase has tempered increased demand from the public for VR metaverse experiences. The public who have had nothing else to do whilst locked up from covid. The fact that the latest GPU can cost up to 10 thousand dollars and may not arrive for months can put you off setting up a serious VR cave and checking out. So etherium has probably played a significant role in preventing people from falling into the "metaverse" and I don't just mean Facebook I mean I kind terrible new digital life. VR and hyper computerised otherworldly ness have been restricted, by Ethereum which was supposed to be a key component of this kind of thing.

But it gets more bazaar as next up Etherium people plan to change their consensus mechanism from graphics card heavy proof of work to hopefully-energyless proof of stake. Something that has been talked about for years and delayed repeatedly seems like it might actually happen soon. This would mean that there could be a flood of GPUs and a glut in excess chip demand coming to market.A win for gammers and metaverse enthusiasts. Possibly a loss for the real world though.

//Soon imagine you might be able to get a RTX 3090 for $100 and people might run three of them just for fun. One for each eye ball and one for the big screen. The pull of the metaverse will be strong, high resolution, Mark Zurkerburger might actually take it all before we know it and a Ready Player One dystopia may be unavoidable. Vitalic monty burns twiddling away in a sensory deprivation pod simulator zooming in with an avatar at another Etherium foundation meeting. Hopefully chiming in on a way to manoeuvre the etherium back onto POW and merge ETC to a side shard, a VINE? Virtual Initial Network Engine actually merging ETH back into ETC with advanced compression to trying to cut Amazon web servers out of the equation.

I still like the forest and this is peak irony and that's why I am considering buying some etherium-classic not because I like it, but to save society from itself. No I'm not really, but if you're into that kind of thing makes about as much sense. Isn't that what Elon said? The most ironic thing is the most likely?