Tim Bouma | Independent Thinker | Pug Owner | Published Author | #SovEng Alum | #Cashu OG | #OpenSats Grantee https://tim-bouma.npub.pro/ 3000 posts
asknostr How much of quantum is just FUD to make everyone believe someone’s ‘solution’? Asking for a friend…. #asknostr… Tim Bouma Dec 14, 2024, 7:12 PM
Benjamin Franklin would arise before dawn to read voraciously for hours. I shitpost.… Tim Bouma Dec 14, 2024, 12:54 PM
nostr This might sound counterintuitive - since #nostr is a relatively open protocol, it’s better to focus one building a singular capability that the whole network can use, rather than adding on ‘features’ which is typical of a walled-garden approach. Embrace the unix philosophy of build one thing and build… Tim Bouma Dec 14, 2024, 12:35 PM
From 1964: Marshall McLuhan to 1979: Ralph Merkle was the golden age for governance and cryptography. Everything we are building on today comes from the foundational ideas developed during that age.… Tim Bouma Dec 14, 2024, 12:15 PM
Bitcoin: In proof of work we trust. Lightning: In penalty-based protocol we trust. Cashu:: In blinded signatures we trust.… Tim Bouma Dec 14, 2024, 12:11 PM
Ralph Charles Merkle — SECRECY, AUTHENTICATION, AND PUBLIC KEY SYSTEMS, published in 1979 The precursor to proof of work. “To solve a puzzle, we must cryptanalyze the cryptogram. Once it is done, we learn the information that was “enpuzzled”, the plaintext of the cryptogram. Just as we can encrypt plaintext to… Tim Bouma Dec 14, 2024, 11:58 AM
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… Tim Bouma Dec 13, 2024, 9:50 PM
Modern day curse: “May a thousand LLMs be trained on your deleted data.”… Tim Bouma Dec 13, 2024, 8:24 PM
All existing payment systems are account-based. They are 100% surveillable and individually ruggable. With Cashu, it’s now possible to create a bearer-token-based payment system. This payment system is much harder to surveil and almost impossible to rug specific individuals.… Tim Bouma Dec 13, 2024, 8:15 PM
ungovernablepug This is what I have to deal with every morning. #ungovernablepug… Tim Bouma Dec 13, 2024, 1:59 PM
Bitcoin has become more than a technology, it’s become an institution.… Tim Bouma Dec 13, 2024, 1:47 PM
Great article. The financial industry is doing what the financial industry does best: financialize. If you're concerned about the long-term viability of Bitcoin you need to spend it into the real economy, not sell it to a financial exchange. Hold first, spend second, sell last.… Tim Bouma Dec 13, 2024, 11:36 AM
After studying MMT I had this key insight: If you are the currency issuer, you can do whatever the f*** you want until you burn the entire economy into the ground.… Tim Bouma Dec 12, 2024, 7:55 PM