AI and Bitcoin are discoveries. They reveal themselves once we’ve fully harnessed the power of moving atoms at the speed of light, fueled by an inordinate amount of energy. The entire century before this was just preparation.

The world is converging on two forces: AI and Bitcoin. It’s probably not a coincidence that both rely on power-hungry chips and vast amounts of energy—two sides of the same coin. Prediction: an energy race is coming to see who dominates both fields. The next 10 years will be wild. P.S. We thought the Internet was our final form. Turns out it was just a stepping stone to discovering AI and Bitcoin. 😀

Part of the infatuation with Bitcoin vaults is believing that you can “have your cake and eat it too”: mixing spending with saving. In reality, people don’t give a shit what they use for spending (e.g., they’ll move USDT on Tron if it’s convenient). They only care about security for generational wealth. You can observe this behavior empirically: when people pick a payment solution, their #1 priority is convenience—“I just want to pay, and pay fast.” That’s why PayPal, custodial LN, and USDT dominate. But for savings, it’s all about preserving purchasing power and security. So at its core, the “problem” vaults try to solve is mixing high-time preference usage with low-time preference usage. And you end up with these Frankenstein setups that are suboptimal for both spending AND saving.

Nostr might be a great alternative to Medium or Substack for long-lived, long-form content. I’d love to see a separate category for blogs and articles—it would help keep them organized and distinct from quick notes. Off-the-cuff thoughts vs. deep dives.

Self-custody is the cornerstone of Bitcoin. The day self-custody dies, Bitcoin dies with it. Nunchuk is fully committed to improving free self-custody tools—it’s 1000x more important than our paid services. Principle over money. View quoted note →

Whether you like Elon or not, you must give him credit for buying Twitter and possibly changing the trajectory of history by keeping free speech alive. Some would look at it as a victory, but I’d rather look at it as a strong lesson/warning for Bitcoin, of what to AVOID. We don’t want things to get so bad that the whole thing comes down to depending on the act of one single individual to survive. The (naive) architecture of the Internet allowed information to be centralized and censored. It’s not a victory, it’s a walking disaster. Even if Elon can temporarily protect free speech, how long can it last? All efforts must ensure Bitcoin remains as decentralized as possible. View quoted note →