James Deane (@JamesDeane_ca) header
James Deane (@JamesDeane_ca) profile picture

Instigator, Social Artist, Investor, Burner, Entrepreneur, and sometimes I take pictures.

vancouver
Joined March 2013
Photo by James Deane (@JamesDeane_ca)Photo by James Deane (@JamesDeane_ca)Photo by James Deane (@JamesDeane_ca)Photo by James Deane (@JamesDeane_ca)Photo by James Deane (@JamesDeane_ca)Photo by James Deane (@JamesDeane_ca)Photo by James Deane (@JamesDeane_ca)Photo by James Deane (@JamesDeane_ca)Photo by James Deane (@JamesDeane_ca)Photo by James Deane (@JamesDeane_ca)
Post Ren Faire sleep over Fire Jam
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James Deane retweeted
.@swell_school recently asked me “Given what happened to people’s bodies when cheap calories became widely available, what do you think will happen to people’s brains as cheap thinking becomes widely available?” and I cannot stop thinking about it.
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James Deane retweeted
The money printer doesn't hand out cash evenly. That's the part people miss. New money enters at specific points. Whoever touches it first spends it at yesterday's prices. Whoever touches it last spends it after prices have already moved. The order runs like this: 1. The central bank creates it 2. Primary dealers and large banks receive it 3. Government contractors and large corporations receive it 4. Asset owners receive it, as it bids up stocks and property 5. Wage earners receive it last, as a 3% raise 6. Savers receive it as a bill Everyone in the first three slots got richer. Everyone in the last two paid for it. Richard Cantillon described this in the 1730s. Nearly three centuries later the machine still runs, and it still runs in the same direction. You were never going to save your way out of a system where your distance from the printer decides your outcome. The only move is holding something the printer can't reach. Drop a question below. I read every reply.
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You don’t have to like Donald Trump to understand why millions of Americans voted for him. And you don’t have to like the MAGA crowd either. But if your explanation for an election result is that half the electorate is stupid, racist or evil, you’re probably not very interested in understanding ordinary people or democracy.
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James Deane retweeted
The anti-data center people are hilarious. They don't understand economics, believe fake water-use propaganda, treat electricity demand as evil, think buildings full of computers are somehow uniquely bad. They sound similar to the old 5G truthers, but there's more of them
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James Deane retweeted
I am getting a lot of questions about a Bitcoin multi-sig setup so I thought I'd create this quick guide. This is now the gold standard for serious self custody. Any single device can fail or have a flaw. Multi-sig removes the single point of failure. 1) The equipment: Mix your hardware brands. A bug in one vendor's firmware cannot touch a setup where the other two keys come from different manufacturers. -Trezor Safe 5 (wallet 1) -Blockstream Jade (wallet 2) -BitBox02 (wallet 3) -Sparrow Wallet (desktop-only) as your coordinator 2) Generate your keys: Set up all three devices completely independently. Secure the 12 or 24 word seed phrase for each. You now have three unrelated wallets. 3) Export the public keys: Open Sparrow. Plug in each device and export its XPUB. XPUBs only read balances, they cannot move funds. This step is safe. Make sure all three devices use the same script type, for example Native SegWit. Mixing address types across devices will cause errors in Sparrow. 4) Build the vault: New Wallet, Multi-Signature 2-of-3. Import all three XPUBs. Sparrow merges them into a single vault. Save and print the Wallet Configuration File. This is your blueprint and this is where people get caught out. Two seeds spend your Bitcoin. Three XPUBs find it. Bitcoin locks multi-sig funds to all three public keys simultaneously. Feed Sparrow only two XPUBs and it generates completely different addresses. Your balance shows zero. The coins are still there, you just cannot see them. XPUBs cannot move your funds, but anyone holding them can see your entire balance and transaction history. Keep a copy of the blueprint wherever a seed lives, and store it with the same care. 5) Test it: Send $5 to your new multi-sig address, then spend it back out. Sparrow will ask you to sign with any two devices. If the spend works, your setup works. Do not skip this. 6) Separate your backups: Never store them in the same place. For example... -Home: Seed 1 + blueprint -Close relative's home: Seed 2 + blueprint -Third location: Seed 3 + blueprint You can also keep an extra copy of the blueprint on its own somewhere separate. It cannot spend anything by itself. The absolute rule is that no single location should ever hold two seeds. Two seeds plus the blueprint is a spendable wallet and the blueprint is not secret enough to rely on as protection. Why 2-of-3 works: House burns down? Retrieve the other two seeds and recover everything. One device compromised by a firmware flaw? Your Bitcoin is safe. They need two. I have not covered passphrases to keep this simple. I hope this helps. Happy to assist if anyone needs any support.
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James Deane retweeted
i often think about this…
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This take is solid gold! LOLZ
The bip110 chain wont make blocks. If there are no blocks, transaction wont confirm. If tx cant confirm, you can’t have your money stolen. Therefor bip110 is quantum-secure Checkmate coretards
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James Deane retweeted
BIP-110 and The Blocksize War. The most important lesson from the blocksize war is that Bitcoin consensus parameters are either good enough or they're not. Optimization is not the point. The point of Bitcoin consensus is that, when something is good enough, it should and does become almost impossible to change. The 21 million supply cap was good enough from the beginning. Would a different supply cap have been better? I don't know, maybe. But that doesn't matter. What matters now is that it won't change. Satoshi never established a "correct" block size limit. He did add a limit after Bitcoin's inception, but he also expressed some vague intentions to raise it in the future, and then he disappeared. This created a massive controversy over what to do when blocks began to fill up. The "small blockers" understood that the block size couldn't be unlimited, that whatever the limit was, blocks would eventually fill up again, and that scaling transactions to the whole world would need to occur on secondary layers. The "big blockers" argued that forking to a reasonably higher limit (especially just that one time) wouldn't compromise node decentralization. They were almost certainly right about that. But that wasn't the point. The point was that the block size either needed to be good enough and then stop changing, or the network would have to fight the same consensus battle forever over whether to increase the block size again. Today, the BIP-110 movement is trying to change Bitcoin's consensus to combat arbitrary data (spam) on the blockchain. The key question during this controversy is: Are Bitcoin's existing consensus limits on spam good enough? The answer is yes. 1. The maximum block size already limits onchain data growth to a roughly linear trajectory, while the cost of hardware, storage, and computation continues to fall exponentially. This means that, even though spam makes running a node more expensive, the total cost is likely to continue declining or to remain stable. 2. Arbitrary data has to compete for limited block space by paying a competitive fee rate, just like every other transaction. 3. You cannot prevent spam on Bitcoin. It is impossible. There is also no objective definition of spam, and trying to enforce one via consensus would ultimately destroy the entire purpose of the network. BIP-110 proponents reject this laissez faire attitude toward consensus-valid spam. They admit BIP-110 will not, and cannot, stop spam. But they argue Bitcoin should still do everything it can to reduce spam, even if it doesn't work. In fact, the stated purpose of the BIP is not any quantifiable reduction in arbitrary data, but rather to "send a message" that arbitrary data is not welcome on Bitcoin and to "reprioritize" Bitcoin as money. If you support BIP-110, I'm sorry, but that's just not how this thing works. This is not a homeowners association. Bitcoin is a free market system of anarchy and economic incentives that offers a viable alternative to central banking, and it is the first practical opportunity in modern history to separate money from the state. Bitcoin is money. Obviously. But the free market will determine how people use it. Not me or you. And not BIP-110.
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This tweet thread perfectly encapsulates the insanity with the censorship advocates within Bitcoin. Fork off already.!!
The marketing team at BIP-110 makes me think that IF BIP-110 is truly necessary THEN Bitcoin isn't what I thought it was.
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James Deane retweeted
Jeff Bezos asked a room to imagine going back a hundred years. When almost everyone was a farmer. And telling those farmers that in 2018 there’d be a job called “massage therapist.” Bezos: “They would not have believed you.” Then a friend took it further. Bezos: “Forget massage therapist, there are dog psychiatrists.” He looked it up. Bezos: “Sure enough, you can easily hire a psychiatrist for your dog.” The room laughed. The point under the laughter wasn’t funny at all. Every time a major technology shift hits, we do the exact same thing. We count the jobs it will destroy. We never count the ones it will create. Because we can’t. They don’t have names yet. The fear is always specific. AI will replace accountants. AI will replace radiologists. AI will replace drivers. The fear has job titles and timelines and projections. The opportunity has none of those things. Because you can’t name what doesn’t exist yet. A farmer in 1920 could understand losing his job to a tractor. He could not understand gaining a career as a social media strategist. Not because he lacked intelligence. Because the entire chain of inventions between his world and that job hadn’t been built yet. Radio. Television. The internet. Smartphones. Social platforms. Creator economies. Every single link in that chain had to exist before “social media strategist” could even be a sentence. That’s where we are with AI right now. Everyone is staring at the tractor. Nobody can see the thing seven inventions away that doesn’t have a name yet. The fear is loud because it fits inside language we already have. The opportunity is silent because it doesn’t. Every technological revolution in history created more jobs than it destroyed. Every single one. Not because anyone planned it. Because human needs expand faster than machines can fill them. We didn’t need massage therapists when we were breaking our backs on farms. We needed them after machines freed our backs and stress replaced labor. The demand didn’t disappear. It migrated somewhere no one was looking. That is exactly what’s happening right now. The jobs AI creates won’t make sense to us yet. They’ll sound as absurd as “dog psychiatrist” would’ve sounded to a farmer in 1920. Until someone is running a $200 hourly practice with a six-month waitlist. The entire conversation right now is about what we’re about to lose. Nobody is talking about what we’re about to gain. Because the gains don’t have vocabulary yet. A hundred years from now, someone will stand on a stage and describe the jobs we couldn’t imagine today. And the audience will laugh. The same way we just did.
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Call for Guest Documentarian – Fire Conclave 2026 – The Fire Conclave fireconclave.org/2026/call-f…
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Some pics I made from our local docompression event. Good times.. 🔥🔥🔥🔥
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James Deane retweeted
This is why we Bitcoin. 🇨🇦
Canada is undisputed world leader in money printing I posted @scottastevenson's tweet on instagram and someone complained that 2007 was a bad start date because it skews to make Canada look bad, so went back to 1968
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James Deane retweeted
Quite possibly a top 5 Bitcoin clip of all-time (I've been in this since 2013)👇 @TomerStrolight:
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James Deane retweeted
I will break down the narrative shift at WEF and geopolitical events as simply and succinctly as I can. For decades the WEF championed a few things: + Open borders immigration + Globalization of supply chains + Climate change mitigation European countries adhered to this the most closely. It got them: + Large unassimilated third world populations + Economic dependence on Russia and China + Hamstrung national economies and energy shortage Regardless of your politics about the ideologies motivating the three main policy points, the implementation of the policies has been disastrous. Meanwhile, China and Russia have not adopted an ideologically motivated set of international or domestic policies but instead have continued to play the global chessboard of realpolitik: calculated, super-rational decision making to increase their spheres of influence, consolidate domestic power, trade pawns for knights, etc. Because China and Russia are rational actors they are all too happy to take up industries considered 'too dirty' or 'expensive' for the West: -> Russia supplies the energy to Europe, such that European countries are directly funding Russia's war on Ukraine -> China supplies the manufacturing to all the West, building up technological and manufacturing dominance in key military domains of electronics, power supplies, drones, robotics, semiconductors, etc. The net-net: + This did nothing to help the climate, since China and Russia make no pretenses about meeting carbon targets of any kind + Globalization of international trade did not have the intended effect of cooling off geopolitical disputes, because the aggressors (Russia and China) developed a market position dominant enough such that the buyers (Europe and NA) became dependent on the lower price. + Third world immigration to developed countries has mostly led to large degrees of social unrest, as the liberal inclusive and egalitarian framework of Western countries is tested by newcomers with different values, that are not keen to assimilate, do not believe in gender equality, etc. The policy points of the WEF should be contextualized as fairly reasonable goals to ensure a degree of economic interdependence among European states in the post WW2 era. How do we avoid another European continental war between France, Germany, England, Italy? The existing common cultural heritage of these countries has made open borders and economic interdependence among them quite nice and friendly in the EU itself. There is nothing the English love more than to vacation in France and complain about French people, and the French are glad to take their money and make fun of the English. They fail utterly when these are extended to trade relationships and population exchange with completely foreign cultures outside the European continent, which includes Russia because of its historical 'outsider' status, or China, both countries which see themselves as historical underdogs competing against 'the West' for their rightful place as leaders of the global order. How has North America reacted to this divergence of ideology and reality? Right now the US and Canada are showing a pure split, which becomes framed as "adherence to the existing international system" or "America First Nationalism" -> Canada is doubling down on the 'international system' and leaning further into international trade dependence, in this case with China, under the false assumptions that China has similar motivations as Canada: mutually beneficial trade that strengthens both countries. China does not want this from Canada, it wants a Vassal state at the American border with looser borders as a base of operations to conduct espionage, sabotage, information gathering, IP theft, cyber crimes, etc. China's biggest dream in this scenario is carte-blanche to deploy a large number of autonomous robotic vehicles and drone platforms as well as digital infrastructure that can pipe information back to Chinese servers to completely map the critical infrastructure it would need to quickly disable in order to gain lead position in a hot-war with USA. Canada's moves are easier to fit into existing international narratives, but worse for its citizens and future geopolitical independence. -> USA is doubling down on its 'America First' rhetoric, which is really a re-statement of realpolitik: that America will pursue its own national priorities as a self-interested rational actor, which means disregard for international law and convention when it suits them, abrogation of trade agreements when convenient, territorial expansion and aggression, military operations against foreign adversaries, and so on. This is extremely polarizing: among American nationalists they see it as a return to virtue and manifest destiny; among Globalists they see it as jingoistic expansion and the end of Pax Americana. Whatever the outcome the previous International System failed in its objections. The climate sacrifices made by Western countries did little to nothing to appreciably limit carbon emissions or global warming in the context of a rapidly industrializing Global South; Multiculturalism and widespread immigration has created greater degrees of social unrest internally and along with supply chain interdependence has not created the economic and cultural exchange to prevent new military conflicts from arising; In more simpler terms, the International System was only a stable and bound configuration with buy-in from all parties; as America defects, Western countries will either need to also pursue their own version of national realpolitik, as I expect Denmark and Germany to do, or else align themselves with a new superpower, as Canada has done with China.
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So true…. So True.
Few sights in modern politics so perfectly symbolize its corrupt condition as Senator Warren fighting on behalf of the banks she claims to oppose
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Elizabeth Warren @SenWarren and the Dems work on behalf of the banking elite. That’s a fact.✅
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