See the last section "On Altcoins": https://www.lopp.net/bitcoin-information/investment-theses.html

Some stats on BTC and Shitcoin forks: https://forkdrop.io/how-many-bitcoin-forks-are-there

Access to money/savings that doesn't steal from you over time is still pretty high on the hierarchy of needs.

Someone without food or shelter or community likely also has mental illness, antisocial behaviors and/or substance addictions.

Sound money is the furthest thought in their mind.

You might be thinking, "well if they just HODL a little bit, BTC could help their situation."

Unlikely. If someone has the fortitude to HODL and do research, they are unlikely to end up homeless in the first place.

BTC is most attractive to productive people who work hard and feel they are getting robbed by inflation.

BTC needs more productive people building things holding and championing it. We have enough NgU freeloaders already.

The example OP used is like saying, "look, this sports car can't go up stairs, therefore walking is the superior form of transport."

LLMs are not meant to count instances of a character in a string. We have better tools for that.

Someone who programmed in raw assembly in 1980s would probably say a Python dev in 2010 is basically writing English (and is not a 'true' programmer).

Now imagine that Python dev is looking ahead 30 years at someone chatting with an LLM to produce code. Maybe, its the PMs that are going to lose their jobs. Maybe the devs of tomorrow look a lot more like the PMs of today.

In a sense, yes. But also, spellcheck (and wordprocessing in general) made it easier than ever to become an author. Which may have increased demand for human editors.

Likewise, with LLMs its never been easier to be a project manager. So the demand for human devs may still increase even if the number of devs per project decreases.

That's why its called "artificial" intelligence

Its just predicting the statistical likelihood of the next token based on the corpus of human language in writing.

Autocorrect isn't an author, therefore LLMs aren't developers. But thanks to spell-check, and autocorrect, human authors don't need to hire as many human editors and proof-readers.

Likewise, project managers may not need to hire as many devs to write software that meets their requirements.

If someone has such a generator/reactor, they could probably earn more by selling the technology than mining BTC.

People often get too focused on the energy component of mining.

Capital management, energy, and operations. It takes all three to mine BTC effectively. Just having free energy does not necessarily give you a competitive edge.

You also need to have good operations (machines, internet, shelter, heat management, personnel to build, maintain and troubleshoot machines, etc.)

You also need good capital management. How many ASICs do you buy? When/what price do you buy them? Do you raise equity or debt to buy machines? Do you sell machines opportunely? What do you do with the sats you earn?

As far as attacks go, this is why we have the difficulty adjustment. If a powerful miner wants to cause havoc, they could take hash offline after a large upward difficulty adjustment and cause longer than usual blocktimes for the next 2016 blocks. Or they could bring lots of hash online and make blocks go really fast for 2016 blocks.

However, a powerful miner is unlikely to do this kind of attack because it would make them uncompetitive from a capital management and operations standpoint

Indeed. I have earned more from SN this week than I would have earned by mining with a single antminer s19 post-halving.

If you can write popular content about bitcoin in English while living in a low-cost country, it's certainly possible SN can pay for your groceries.

Last year SN was exploited using a wallet-drain bug #217122

But the user who found those neglected sats decided to give most of them back.

Maybe he would have been the first user to earn a living on SN

Keep shaming me with your made up morals while I laugh from my citadel feeling 10BTC richer.

Imagine going thru life asking, "did I earn this?" What a waste of thought!

Respecting the protocol means understanding the consequences of every interaction.

If a thief gets away with it, they earned it. The onus is on society/network/protocol to catch them. And on the individuals to avoid becoming a victim.

Its not distain for humans. Its ultimate respect for protocols.

If someone disrespect the protocol, they deserve what the protocol decides is their fate.

I accidentally turned my ASIC miner off for a few hours and missed a block. That miner stole it from me. If they were good natured and honest, they would send me that block reward for my mistake. /s

If we could rely on people being good-natured, we wouldn't need bitcoin.

Furthermore, what is to stop me from claiming every txn I made was a mistake? In fiat world, you can clawback almost any payment if you make a big fuss about it. There's an entire industry of scammers who exploit "good natured" people, because fiat allows them to get away with it.

Finders keepers. Code is law. Honestly, the coins are in my possession now and I am the true owner according to the only rules that matter (consensus).

Those who have proven incapable of HODL are not entitled to a second chance. What if they burn it next time? Better to let them learn and re-earn the hard way.

I am not more likely to give someone a random payday just because I just had one myself.

Go plead to the FBI and use the violence of the state if you want to steal it from me using fiat laws and customs as justification for your theft.

Otherwise, I'll just assume I earned it as a tip for delivering a pizza in 2012 and the customer just got around to sending it.

Might be working. You just need to share with us your IP address too (to get clearnet peers)

Once you have a public channel, your node should begin to broadcast both tor and clearnet addresses on the network's Gossip.

Depends what Internet Provider you use for Clearnet. Many choose to go with Cloud proxy or VPN.

If you want to serve fast payments locally, then would be ideal to use a Paraguay IP.

The geographic location of the node does not matter if using Tor. The packets will hop around the globe regardless.

https://glr.com.py is still the only node using a clearnet IP from Paraguay.

Many LN wallets/nodes use a non BIP39 seed phrase

Satoshi is the biggest hodler, that greedy bastard!

If only he would spend those coins, and dump the exchange rate (temporarily) and buy himself an island, and a fleet of Bugatti. Only then, would he become a generous saint /s

This idea that saving is greedy is a product of the fiat system. Those closest to the money printer are responsible for distributing the new money to the people.

Since Bitcoin has fair issuance, there is no longer a duty by the rich to spend. In fact, by holding, he makes everyone richer.

HODL is the opposite of greed.

How greedy must someone be to spend a token he can earn back tomorrow in order to benefit from the use of another person's time that they can never get back?

Kinda confusing. I expected the "Mining" tab to show the percent hashrate from Volcano power.