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. 

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?

Bitcoin Layer 3 Can Do It All

Soon Bitcoin miners may be using the lightning network for communicating hash instead of the regular internet. Lightning is opening up the unlimited potentials we first saw at the start of the decentralised cambrian crypto moment. 

It's become clear that The lightning Network is the second truly decentralised DAO (bitcoin being the first). and that on this, we are seeing a wild new ecosystem immerge. Layer three apps.  Redphone, peer to peer phone calls, Impervious, VPN,s lightning powered Lapps, Stakwork, Next Cloud, PhotoPrim, The Umbrel app store,  to name just a few. There is culture too, check out Plebnet and Sphinxchat. Hell, we could clone Etherium again on this thing and it would be more decentralised. It's good to see things happening the right way on layer 2. The possibilities on bitcoin layer three powered by lightning are wide open.  

In Bitcoin 100x is Just a Few Years

To think about super wealthy people in bitcoin you might imagine someone with a super stak of say 1000 bitcoin. Turns out that is the technical term threshold for a whale. It's a wild unrealistic number to most of us now. At around 35 million bucks worth its beyond achievable with a normal work life balance. Even 10 bitcoin or 1 billion sats seems like a stretch of dreams at the moment. Certainly for people just discovering this stuff. But it wasn't soo long ago that ten bitcoin could be had for a week's wages, so in a bitcoiners mind there is a confusing new perspective here. It wasn't so long before that that a whale stak could have been had for half of your weeks wages. It is the time and not the amount that starts to become more significant.

10 years ago the price of one btc rose to surpass $1. This means basically anyone who was around at that time could afford to be a whale now. Not many people did that, but it was not the money that made it happen, it was the time.  The fact that this person held on over this time is the most significant factor. In bitcoin 100x is just 5 years and we all have time (most of us poor people anyway). Now time is worth a lot. You know the phrase, we are bringing it back, now money is only time. If you have a few years, you can be a whale.