Nick Slaney

👀

npx @moneydevkit/agent-wallet init

Is self-custody lightning btw

moneydevkit is self custody lightning btw

Ori uses moneydevkit under the hood. It’s for people who think the latest AI advancements are cool but can’t really approach getting it setup for themselves.

If you are into openclaw and you want your agent to be capable like Ori, you can use our simple one line self-custodial agent wallet with

npx @moneydevkit/agent-wallet init

And you can access our l402 services. We’re calling the brand unhuman

https://unhuman.coffee

https://unhuman.domains

https://unhuman.design

https://unhuman.autos

https://unhuman.health

Also, you can make your own L402 services with mdk, https://docs.moneydevkit.com/l402

Tell me about your l402 service and I’d be happy to talk about adding it to Ori, there are a sizable amount of Ori’s in group chats across the globe

Hi nostr,

We have https://ori.bot on WhatsApp now.

Ori is an AI that can actually do things for you

Here’s a 34s video showing how Ori is more capable than ChatGPT and Claude.

npx @moneydevkit/agent-wallet init

One line agent payments have fun

With replit + moneydevkit the agent can now take you entirely from 0 to website with prod global payments in minutes. No signup, no onboarding. Just say “add moneydevkit”

Nostr: a p2p hellthread network

Hi nostr

Today we’re launching our public beta at moneydevkit.com

It’s the fastest, easiest way for anyone to take payments online.

So fast actually, I set the world record from deployed website to production payment (4:38.94). https://v.nostr.build/VaPmy43L3K7i1E1v.mov

Try it for yourself: npx @moneydevkit/create

npm i @moneydevkit/nextjs

Under the hood, we’re using self custody lightning (can I say that here? 😆), but you don’t need to worry about any of that. Just install the library, paste a few code snippets (or have your agent do it like I did), and take payments.

hi nostr

We’re testing moneydevkit on mutinynet. If you want to give it a try dm me

Really struck by people asking us about stablecoins.

It’s clear no one has actually tried to use these things.

The stablecoin ecosystem was already fragmented across two coins and n+1 chains, now with everyone issuing their own stablecoin, the whole thing is a disaster.

Any broadly compatible UX has you choosing which coin, which chain, “ONLY DEPOSIT USDC ON SOLANA”

It’s clear that banks / VCs think stablecoins are it, but for normal people doing normal things, the UX is absolutely abysmal.

It is web3 all over again. It’s the third time I’ve seen the crypto playbook in action and it still falls flat.

• big partnerships
• lots of money
• all marketing, no substance

“But Nick the stablecoin UX will be simple, you will just have a bank account and dollars, everything else will be in the background”

That’s great for people with these theoretical bank accounts, but ultimately what you’re talking about is slightly upgraded tradfi, not access and tam increasing internet money.

What we see with moneydevkit is many, many more people being able to generate value online, and the same barriers to entry to accepting value online. Stablecoins are not on a path to fix this meaningfully. They’re on a path to create a new visa, which is ultimately uninteresting and cannabalistic as opposed to generative. We are going much bigger.

Have been thinking about the maple syrup op recently. I realized this year I have many more trees than I thought. I can get much more sap than I can boil at this point.

More sap —> bigger evaporator —> sugar shack

When you have abundance in one area you have to scale to make the finished product. It’s a bit of a jump but worth it to be able to give syrup to more friends. Just have to take the leap sometimes :)

Does Luke suck to work with? Clearly

Is he out over his skis on the csam stuff? Yeah I think so

Is Luke the reason people are running knots? Not really. People are mad at core, and core can fix this with one simple trick.

Literally just bring back datacarriersize and let people do the thing that everyone says does not matter.

I’d like to repeat that no amount of nytimes hit pieces will make me think that Luke Dash Jr is a bad dev who is bad for bitcoin.

And people who think this is a good strategy do not understand the problem

Oh Nick Szabo’s back 👀

It seems like core thinks that if Luke just goes away everything will be fine, but I don’t think people really are following Luke as much as they’re reacting to how core was moving.

The nice part is that it’s much easier to smooth things over with your users than to make someone disappear

Idk I think people should be free to have bad ideas in private

I moved to NH with the free state project in 2013.

That has a certain connotation to it now, because a lot of people who moved really sort of just flailed their arms around and made a performative scene. Still do.

What made me come back, and stay, were the people who got in deep and changed things. A lot of freedoms here the loud ones talk about that were unlocked by the quiet ones.

As a poor startup founder I’ve been using desktop Linux and the worst part is manually updating discord every day

My most controversial bitcoin opinion is Dennis Porter made the best use of the Bitcoin engagement farm by flexing it into state level advocacy that’s led to more state level legislation than dedicated Bitcoin think tanks

And most of the influencer hate against him is jealousy / envy. It’s a countersignal.

There are people out there engagement farming as much as him and ending up on the wrong side of many bitcoin “issues” du jour

Gotta hang on to the freedom tech

The miner previously famous for announcing they were only going to mine ofac compliant blocks has launched a private txn submission product whose main feature is easily bypassing mempool policy.

Pieter Wuille in an interview with optech said “[Out of band payments and private mempools are] our biggest enemy. Among the top contenders of the biggest threats to Bitcoin in the short to medium term”

If private mempools become more attractive than the p2p mempool built into core, Bitcoin will have a serious centralization problem. Now imagine the company running that private mempool also has a press release out that they only mine ofac compliant blocks. See where this is going?

So much of this conversation has been caught up in jpeg this and censorship that, when in reality this is the real problem.

Literally the ofac block company is standing up the service that could actually seriously harm Bitcoin. Knowingly? I don’t know, and honestly I’m sure the core devs had something to say about it, but I’m surprised the social media hornets nest did not.

Instead of hearing this very compelling message in support of core’s actions, I’ve been reading all this shit about this core dev actually isn’t very smart and mempool policies are censorship Actually.

It is such a missed opportunity to align actual significant efforts to maintain bitcoin’s decentralization and neutrality with the social immune system of the Bitcoin community. I wish I had put it together sooner.

Core is supposed to write good code, but there’s this secret other thing that needs to be done, and that’s making sure people run it. I don’t think it’s entirely the Core devs’ jobs, but I think the bit would have helped a lot. Code is law but it’s nothing if no one runs it.

I feel like no one wanted to stir the pot? But every core dev is adjacent to a professional pot stirrer. What are the influencers good for if not this?

And now, instead of being a little mean to one of the literal worst miners, core has to deal with people questioning whether they’ll even run their code. It’s a shame because I think the threat is real, and the actions are justified. Being a little clearer about the reasons why would do a lot.

David Bailey really did it

All the buckling up was worth it 🥹

If I were wanting to make a big impact on bitcoin payments and I was working with big fintech apps with Bitcoin capability.

I’d ship Pay to lightning from fiat. Buy / send out in one step (after confirmation of course)

• no btc exposure for people who don’t want it
• maximal compatibility globally
• further shores up the access argument. Big fintechs can make this happen for many users

Ideas are meaningless without execution and the ability to follow through.

If you’re only able to copy someone else, you’re always a step behind.

How can c= generate such a return with just routing?

Lightning liquidity is the most underestimated part of the network.

It’s part of what we solve at moneydevkit, but here’s a bit about how we did it at Block

1. Real transactions.

Cash is one of the biggest lightning services on the network. It connects millions to lightning, and as Miles pointed out, more and more people are using it everyday.

By nature of cash being custodial, we had insights into what people were using lightning for. This was part of the original thesis of c=.

There are some big players out there that node runners have no idea about 🤷🏻‍♂️. Lightning privacy works very well. Apologies monero trolls.

2. Liquidity in our favor

Most people buy bitcoin on cashapp and withdraw (based)

That transaction flow is ideal for lightning, and in the right hands, you can flex it to pay for and make a handsome return on your own payments and operations.

For the plebnet inclined— c= is an inbound generator. For its capacity it’s typically had 1-3X+ more inbound than outbound. This is a very unique position on the network.

3. Strategy

The management the team did not only improved the experience for Cash users, it compounded payments and fees going through our channels.

We expected to get some return, but we were pretty blown away by the volumes and takes.

The ROI we collected was not from Cash.

This was just step 0.5. The next steps were to flex our position and liquidity to bolster bigger and higher value things. One of those was Square.

In the end, the real value comes from real people making real payments. It’s why I’ve always harped on this:

We don’t need X protocol or Y L2. The technology is there. We need to do the hard part of bringing it to real people now.

For you nostr folks consider— on-chain fees were never even a thought in our minds. Our margins were fat.

Huge shout out to the c= team, I wish I could be there celebrating with you.

10% ROI on Block's bitcoin and building the first Square lightning integration are huge accomplishments and hard won. Both unprecedented, I am so proud of all of you.

We put together an amazing team and did exactly what we set out to do. I am so happy some of this work finally gets to see the light of day. Teams that start from nothing and put out the results you did are rare and extremely valuable. Most startups only dream of hitting $1M ARR.

This is the work that makes the dream happen. Considering what it took, you guys are miracle workers. It's my sincere hope that work like this can shine through more often at Block unimpeded.

Congrats to the team that built this. A huge accomplishment. This is how it starts.

People do not want to “be on chain” they just want to do normal things.

There is no UX path that starts with “well first they will learn crypto with stablecoins and then…”

The first part of that statement is already garbage.

From: Nostr

The death of Nostr Wallet Auth is a tragedy, can we bring it back?

Mutiny had taken NWC and made it the best way to do "pull" style bitcoin payments for subscriptions and other things.

Reading through the NIP proposal where

tried to share this nice bit of UX with the nostr community was a trip down open source spec hell and it has ended in it withering on the vine.

https://github.com/nostr-protocol/nips/pull/851

Their blog post about it here

https://blog.mutinywallet.com/nostr-wallet-auth/

Everyone expects pull when they pay. An entire industry of SaaS apps is built on users putting in their cc info and forgetting about it for months. We need the same if bitcoin payments will be a thing.

Hi Nostr,

Launching soon— https://moneydevkit.com

Stripe is the de facto payment solution for developers but theres entire swaths of the globe that aren’t served by it.

Similarly, everyday people with legitimate businesses get their payments turned off by stripe because the traditional financial system doesn’t want to serve them.

Money Dev Kit is the easiest way to get started taking payments online. Easier than stripe. No onboarding or approvals. 170 countries. Your payments are yours.

Under the hood, it’s self-custody and lightning. None of the headache, nodes channels etc. The interface will be truly stripe level and better.

After working in lightning for the past few years, the hidden alpha on the network is there are plenty of people sending and able to send payments, but there’s a shortage of people receiving them.

Underserved devs are using AI to make the future of the internet, and this will be by far the easiest way for them to receive those payments.

Sign up for the mailing list for early access when we launch

Stablecoins being denominated in $ does not make them easier to use or for people to pick up

Stablecoins have the same friction of Bitcoin, if you want real $ that you can buy groceries with, you have to buy / sell them. And don’t get me started on all the different chains, bridges, gas fees etc.

Taxes are another thing, but I doubt people are sitting around saying “if only I didn’t have to use bitcoin.tax I would be spending Bitcoin right now”

Similarly, very few people are saying “I would spend in crypto if only there was something just like dollars” they are just using dollars. For those who are not able to use dollars, bills like the genius act are adding kyc to make sure they can’t use stablecoins for payments anyway.

Long term, Bitcoin is more universal, has more liquidity, and with improving tools and applications, will be easier to use than even dollars and bank accounts, let alone stablecoins spread across multiple chains each with their own peculiarities

If someone asked who I was voting for I made it a point to tell them that the Biden administration was specifically putting people in jail in my industry because they didn’t like it. It was a vote either for people who were actively putting people like me in jail, or the ones that actually were throwing us a bone.

What happened to Nostr Wallet Auth?

Why do I see the worst open source dev hell when I try to find out if this is a nip now?

This was the best way to connect with nwc by far, and it looks like the spec was nitpicked to death for no reason

Icymi

DOJ saying it won’t be trying to stretch the definition of money transmission anymore

https://www.defieducationfund.org/_files/ugd/84ba66_4278778963f14119be0ef1c7976bc3b2.pdf

Saylor Medium Of Exchange maxi confirmed https://image.nostr.build/dfff902396dd8212cc921f1b467035ec00adc432a4ce216a5dc39f74dfa1c380.jpg

What bugs me about the van eck guy

He just wants to know what’s going to happen to satoshis bitcoin?

Uncover satoshi so we can shore up the prospectus?

Unhinged

Spend hours telling an AI what to do

Talk to my two year old

It’s all just carefully asking for the right thing

I don’t spend a lot of time in the libertarian meme of picking your exact genre but I’m pretty sure at this point I’m not an ancap.

Don’t get me wrong I have friends who are, and I love everything about the ideology, but it’s hard for me to get behind the real end goal, which appears to me to be burning it all down and replacing it with not much

I rarely pick the “mid” option but I think I’m much more of a minarchist. Or rather I’d love to see ancap work, but I’m not going to let that prevent me from trying to influence our institutions today.

What I see right now is a huge push of the Overton window towards liberty. Doge could very well be the minarchist dream and it seems to be driven by the same sort of thought.

To have many libertarians say “that’s not good enough” and “I’m not aligned with any politician,” …while I understand the sentiment, I think it’s a bit of a shame.

The bitcoin community could stand to get a lot out of the current US administration. I’ve seen x posts about going back to the gold standard, negativity around debanking. Questioning regulatory overreach.

I’m going to do my damndest to try to push these conversations, and at this point I have no shame in working within the current political system.

I half think ancap is a psyop to get libertarians locked in a “I’m more anti state thou” loop instead of actually doing something. It’s performative, and to let it get in the way of changing something at such a prime time would be a mistake.

Gm nostr https://image.nostr.build/e06a5b408713deef9bfae38dabf9b49d9dfd79adcec061e4c4398b8ce3ec8ba0.jpg

Damn vibe coding is real