Tim Bouma

I just set up my own custom handle on BlueSky - @trbouma.supername.app (I own this domain name) I gotta say, a custom handle instills ownership. A similar thing can be done with nip05, I've done it and my handle here is trbouma@openbalance.app which is the

The use of the word “handle” to mean a nickname or pseudonym originates from CB (citizens band) radio culture in the United States during the mid-20th century. CB radio users needed a way to identify themselves while maintaining some anonymity, so they adopted unique names or pseudonyms, which became…

MV=PQ money x velocity = price × quantity Lightning does not increase money supply, it increases velocity. It is only a 'scaling' solution in that it can facilitate a higher PQ.…

app seed address funds pay zap deposit withdraw #wordsfornormies…

Don’t pay with apps, pay with zaps!…

This is a great book…

I know a lot of people dunk on Modern Monetary Theory (#MMT), but it’s actually quite good and illuminating (as opposed to its application). The theory came about in the early 90s when Warren Mosler was trying to understand central bank monetary operations, during a time when fully fiat…

Just imagine a micropayment system that routes around everything……

Seeing the ultimate free digital reality where no app can restrict your zaps.…

I’m also seeing some worrying stuff, like: ‘your personhood to government can be easily proven by your bank because you have an account with them’…

Really interesting to see the lawyers hit the fintech conference circuit talking about custodial systems as ‘emerging technology’.…

Real apps FTW.…

This is what the internet was designed for folks. This is what #nostr is designed for, too!…

The bitcoin technology inversion event: 1 pizza for 10,000 bitcoin -> 10,000 pizzas for 1 Bitcoin Similar to what happened to the internet: Internet over the phone lines -> Phone lines over the internet…

Don’t pay by app. Pay by zap!…

The two things that are the root of what matters in this ‘new economy’ Making of real things. Management of real money (bitcoin). Act accordingly.…