It's a slow decline so people rationalise it, it started in 2007 and we were all fine oh what is an hour or 2 every so often, now its a daily thing

We've already wasted way too much money on wind and solar that brought F all too the grid but money for a few greenies and politicians, and its going to take too long to spin up any new energy production so you're forced to kill as much demand as possible

Theres obviously a shortage of personal production, people can't get solar, batteries and inverters into the country fast enough. The fastest growing theft market right now is solar panels and batteries from trucks as people are desperately overpaying to shield themselves and fund this black market


We only have 1 energy provider in the country, the government, and they failed to bring online new power stations and the old ones are failing or have been switched off, along with sabotaging of plants and supply chains, so we're forced to have black outs everyday for 2-8 hours


Definitely makes for bleak reading, Lebanon is already at 638,580,412 Lira a coin, its sad to see wealth being destroyed but at least this time we have bitcoin as an option.

As soon as your local currency hits cent satoshi parity is there really an excuse not to use it as a better accounting system?


Won't be long before they hit Peso satoshi parity


It's from the how Pantheon I think


Nice product placement nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8

https://video.nostr.build/915117252cf63959dc1f770885fe732373f0886dde6955df30f740b2476032be.mp4


24 hour electricity lol haven't had it in a while


Things have to work in mysterious ways or we wouldn't pay attention when they happen


Bitcoin is absolutely ripping in #Argentina, new all time high at 33 million Pesos a coin and showing absolutely zero sign of slowing down its already up 161% this month

If you're in a non-g7 nation you better pay attention, Argentina is the future of your local currency, they're just ahead of the curve

https://m.primal.net/HTzk.png

https://www.reuters.com/world/americas/argentina-inflation-tops-160-spotlighting-challenge-milei-2023-12-13/


Lol I guess we're just going to have to wait for covenants to happen before the poors like myself can go back on-chain


Damn tough break man! Good luck with the the rebuild


New wrench attack list drop

nostr:note1n5xzpd0gfsypwpmcxempl6507gerws94wc5emt3r03z03jd6k79s65srfr


One way in, no way out! Lol CoinJoin and keep them trapped in the circular economy, now what you gonna do? Sell out, on, hodl or spend your Bitcoin


Some people don't even know their coins have a history of being joined and still head off to exchanges and find out the hard way


lol you must be talking crazy, if we had something like that it's going to make it so much harder to do chain analysis. Think of the regulators man


Make art not war


I believe STAMPS are unprunable or so i've heard, I guess pushing on the ordinals bros as OCEAN has done, is seeing them seek to push back with an even worse option


Just another costly regrettable tatoo


If you are planning to #coinjoin or you've already mixed coins, go into it knowing that it could become a one way street as KYC exchanges avoid coins with a mixing history like the plague

https://thebitcoinmanual.com/articles/exchanges-avoiding-coinjoined-btc/


Looks like the damage control and cope is in full swing
https://www.ledger.com/blog/a-letter-from-ledger-chairman-ceo-pascal-gauthier-regarding-ledger-connect-kit-exploit


Lol don't use dapps kids, they only thing they decentralise is you from your money


Well if you're using a device, connecting it to the net using 3rd party software and a third party node, what do you expect?

Loads of people are still using ledgers to generate keys, hold keys and sign via open source software that have a focus on security, i've yet to hear ledger drama with something like green, specter or sparrow

Ledger has been taking L's thats for sure, first to admit that, but people are using it ways that it shouldn't

Seed phrases are great too, but people still screen shot them and store them in online note pads and email accounts, soooo are seed phrases a failure?


Lol another day another industry-crippling failure as #ledger wallet users F around and find out that having your keys on a hardware device and tethering it to an internet-connected device isn't all that smart

Moral of the story keep your keys off the net and don't use #dapps

https://cointelegraph.com/news/multiple-dapps-using-ledger-connector-compromised


The median fee rate on the lightning network has doubled in response to increased transaction costs.

This brings the fee rate to 50 ppm or 0.005% fee.
https://image.nostr.build/5642b128b853ea3eb64e38b72c4a32cf85989a3cbe98bdbaeeda50eb6ab4b0d9.jpg#m=image%2Fjpeg&dim=1508x1200&blurhash=%2314Kplcr%3FI%3FHpItRBi-COVB4K%24%5ERS%7D%24*%3DMof%23qNZ%7EC%3D%7C%252TIt7JQI%3ARjI%3AxGk%3Bb%5E%3DgxaOUw%7Ce.WBPT%3Dz%252O%3BXRwzrsI%3Ars%24*%3D%7CTI-Cs%3BJ%25SKNZjFP9xuO%3D-CX8wg%2B%7DR%25wM&x=29c338ac1bef1968a849e164665add45e816174c693811a25081759a2c5a6557
#lightning #lightningnetwork


Lol ice bucket challenge getting a second life


Look at me, I am your mempool now
https://m.primal.net/HToi.png


Lol we can talk about other stuff, you need only ask


DBZ did this to me


GM! All good down here, powers on so I can't complain, almost holiday time, but got a few tasks to crack out before the end of the week and you?


If the ETF goes live it only drives more liquidity for these PSBT trading on-chain, I do think it has to get much bigger before it blows up in everyones faces, if I think back to UST and all those other NFT scams of the previous cycle it got stupid big


How long does it take for these guys to run out of money? Geez


#Switzerland has an estimated 7.7 billion Swiss francs ($8.81 billion) of Russian assets frozen in its financial institutions and if that's not bad enough these banks are now charging clients fees on frozen accounts

And people think #Bitcoiners are crazy? Make it make sense!

To call Bitcoin a digital Swiss bank account is an insult to Bitcoin, Swiss bank accounts are clearly not very safe

https://www.rt.com/business/588938-swiss-banks-russian-frozen-account-fees/


Sometimes time freedom is worth more, monetising your time through a salary doesn't always work for everyone


Lol please do, and put all this ETF talk to bed


Lol is that what the kids call thicc these days?


Lol they're 25% right I say, at least better for privacy but being a cash maxi is also only going to work for a short period of time and only in western countries, who wants to hold cash if you're in the 3rd world? You need a stack of notes to do anything its just impractical and dangerous, having had cash stolen from me before I know the deal

Ask Indians how they feel about cash after the shit show that was the conversion to the new rupee, ask Zimbabweans how cash worked out for them

I guess some people are just here as examples to the rest, go ahead lose our shirt not my problem


Lol kissing those last advertises goodbye, but if they get canned by the app store, its tickets most Twitter peeps claim to be smart but i'm sure won't be able to figure out how to get around not using a native app

This is going to be fun there is only 1 bird app and its purple


DLC contracts on #nostr and leveraging zaps? Let the bounty programs start to flow freely, nostr:npub1fmunwy3lljfyzlgyuyman79lxwm4efz6pzlgqjwc400pr9l708qquvje8w, I'm sure theres a lot of skills we can crowd source from the nostr community to get stuff down now that theres a place to create paid tasks

Let the games begin, daddy likey, daddy likey alot!

https://www.youtube.com/watch?v=3_STomyKxa8


testing resolvr applications :)

## Problem Description
This isn't a real problem, but its gets the point across.

## Acceptance Criteria
Just apply and I'll pay you.

## Additional Information
STAY HUMBLE AND STACK SATS


Sitting on your hands and not saying what you feel or doing what you really wanted is the death of many souls


Lol increase your stack and sun your sack


Weird since they're murdered their own newsletter platform in Revue you'd think they'd let substackers get more play now, I guess you'll either need to do threading and link in the end to try and get some play or use your own domain that might not get flagged

Still playing algo games only works for so long, thats why i stopped Twitter and just focused on nostr, hopefully it pays off in the long term


A big fan of Insomniac games, loved their work with Spyro back in the day, and breathing new life into the #Spiderman gaming franchise was not going to be easy but they did an amazing job

But they're making headlines for another reason, some hackers have hit them with a 50 #bitcoin #ransomware attack.

https://gamerant.com/insomniac-games-ransomware-attack-wolverine/


Those who don't back up, telling me why they don't back up
https://media.tenor.com/Ac-w1nJmetIAAAAC/austin-powers-dangerously.gif


As the push for the #ETF comes closer or so the rumours say, the push for more KYC is inevitable, the walled gardens where many people transact is going to become stricter over time.

The travel rule is just the next layer in trying to restrict peoples us of their #Bitcoin

https://thebitcoinmanual.com/articles/btc-travel-rule/


Lol dude must be down bad, going from the white house to shilling NFTs in discord


That's one way to pamp traffic that clients would completely fold under


The game of stacking ye o'l sats never ends


 With the recent spike in Liquid #bitcoin usage we managed to give you a rare glimpse inside Blockstream HQ with nostr:npub1qg8j6gdwpxlntlxlkew7eu283wzx7hmj32esch42hntdpqdgrslqv024kw
https://video.nostr.build/f33be57f572cccad0c39212fe7940824f128da5562e9d60632aa73b43b14da34.mp4


I was browsing #Robosats today and saw someone willing to do a local P2P trade, I was so stoked to see it, I simpy had to take the offer and grab the sats

https://m.primal.net/HTca.png


Oh no of course you could move there or work there etc, its not the only way, i'm just wondering how they figured this would be an attractive option


Skills aren't evenly disrupted, just because there are people doesn't mean a country doesn't lack in a certain sector, labour availability doesn't automatically equal skills in every market

Each country can do as they like, if it works for them good for them, just weird that its so pricy versus other countries


Oef, not a good look, as an African myself, I clearly know when and where I am not wanted


A bit? lol who has a million bucks or 22 BTC right now? And what do you really get for that kinda cash? You must be bawling already, lol keep the poors out


How about no? Lol Why do you need to charge 1 million bucks? I thought your country is on a deflationary Bitcoin standard and you're stacking so many sats that you're in the black.

I thought business and tourism is up so dramatically and its stimulating the economy, why would you be charging more than even EU countries for shilling their passport shitcoin?

https://www.imidaily.com/grecos-geopolitics/el-salvadors-1-million-citizenship-program-over-priced-unclear-structure/


Lol a lot of people don't realise how costly KYC bitcoin is, it might seem cheaper and easier on the front end but the costs are comign down the line


Lol sad sacks having to drop LNURLs or QR code screenshots like a bunch of cavemen


Lol worst Bitcoin you'll ever spend, only people moving there are already VC funded, were fiat rich already or getting a sweet heart deal to shill these products

Why would you need a 1m a pop if you're stacking so much #Bitcoin and you're in profit? What happened to the Volcano bonds?


Yeah its still super tiny, but fees are only going to rise over time, ordinals or not, and LN isn't ideal for everyone in its current state


What normally looks like a complete ghost town is starting to show signs of life, has the whole #ordinals fee bumping pushed more users to look for alternatives, seems like it the last month of mempool data shows a bit of spike in Liquid Network transactions

Blocks are still pretty empty with loads of space, I guess some people who are fee sensitive are willing to accept the trade off and finding value in the side chain

https://m.primal.net/HTYr.png


He who controls their keys, controls the amount of fucks given


Lol bunch of bots the lot of them


There's a reason TikTok has TikTok Lite and Facebook subsidize connections to their platform with telcos, they want to force people into these walled gardens so they avoid looking at other options.

This market is ready for adoption, they just need the tools

nostr:note1jusqgrtfeem0eh87ntvhdkw73d7c4n0am3xs2ss2evjwkqfdhjdqh6ehry


These geezers keepin it real😎
https://www.youtube.com/watch?v=GBuTTz1-IQU


Damn drinking out of a goblet is way too extra for me


Lol let them flag it, let them use it as an attack vector and let them end up with les sats


#Bistream is a Bitcoin powered protocol for atomically exchanging your sats for digital files.

https://thebitcoinmanual.com/articles/bitstream/


Oef! Lol makes me feel grateful that my country is such a shit show our government could never pull this off, we can't even keep the power on for 24 hours at a time


Freedom to transact is priceless

When people don't understand why CBDCs are bad, show them examples like this:

https://image.nostr.build/0b67bfad27238e2f27431bc0b07b11dfe79b539acc5abf9fb0e96771b0c3542c.jpg


Totally, which is why I am glad its being done on L2s like Liquid, RGB and Taproot assets, so even if its captured it doesn't affect the base chain or end up with a fork situation

Still, a very real threat that it becomes such a big on-ramp/trading pair for Bitcoin that it can reduce access to the network for many users


Starting to play with decentralized trust ranking in Spring v0.12.

You can estimate, adjust and publish trust scores for other users - these are estimated from your recent interactions.

https://void.cat/d/T5HriPK2C8QSd7cGsoJVL6.webp

nostr:npub1wmr34t36fy03m8hvgl96zl3znndyzyaqhwmwdtshwmtkg03fetaqhjg240 has been advocating the TrustNet as a web of trust implementation, useful for spam filtering etc.

The algorithm has two steps - first, each user publishes 'trust assignments' - that's trust scores your can now publish with Spring. These are published as 10629 replaceable events with a list of 'p' tags and a score, typical size will probably be ~100 pubkeys. We provide an estimate based on past interactions, but it can't be precise - you may and should adjust it to match your actual relationships.

The second step is that apps can download trust assignments of users close to your network (contacts, people you like/zap a lot etc) and run a calculation akin to PageRank, but it's not global - it's local to your network. The result will be several thousand pubkeys with non-zero trust ranks - a much wider network of users who could be trusted.

This way the trust ranking is a) based on everyone's actual relationships, because you can adjust the trust scores you're publishing, and b) efficient and can be used by any app - it just needs to download several hundred trust score lists and run the trustnet algo periodically and store results in local cache.

Spring only does step one at the moment. When enough people publish their trust assignments we will add the second step and let you calculate your own trust ranks. Spring will show the trust ranks under profiles, and will use it for spam filtering later. Other apps will probably find other uses for it.

More on TrustNet here: https://cblgh.org/trustnet/


FUCK EASY

I'm fed up with easy.
You don't want easy.
The road to hell is paved with good intentions, and one of said intentions is making things too easy.

Easy is staying on the couch.
Easy is not putting on your running shoes.
Easy is watching the porn, eating the junk food, binging the fucking stupid series.

Easy is not sticking out.
Easy is shutting up when you should be speaking out.
Easy is compliance.
Easy is saying the same thing, thinking the same thing, and liking the same thing as everyone else.

Easy is kicking the can down the road.
Easy is short-term gain for long-term losses.
Easy is starting up the money printer.
Easy is "papering over" failures.

Easy is "This is too hard. This is not for me. Someone else should take care of it."
Easy is not educating yourself.
Easy is not taking responsibility.
Easy is trusting a third party.
Easy is not holding your own keys.

Easy is comfortable.
Easy is not having to think.
Easy is not having to understand.
Easy is the coddling of the mind.

Doing things right is hard. Understanding things right is hard too. As is changing the status quo. But there's no improvement without change, no change without pain.

Fuck easy.


Agreed! I am not too concerned with shitcoins they aren't there to compete they are there to enrich the founders, but stablecoins are a growing market and have a lot of influence, if tomorrow USDT and USDC decide to no longer support ETH for example that chain is dead.

Tether is already holding more funds than some countries, this thing is huge!


Just because its on a chain doesn't mean its not their rails, if you want to use government issued currency you gotta play by their rules, and pay their fees.

I think that people should use stablecoins knowing that and hedge accordingly, you never know when you become the unfriendly country, entity or person


Looks like the wildcat banks/shadow banks are starting to become more like bank banks, Tether has been black listing addresses and funds for sometime now when working together with authorities and now they're ramping it up with anew voluntary wallet-freezing policy

Designed to comply with Sanctioned persons on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List.

https://tether.to/en/tether-introduces-new-policy-to-strengthen-ecosystem-security/


Imagine thinking you're doing the right thing, going self custody only to get rekt proper


What are we snacking on?


OEF! Another valuable lesson learned by those who chose to trust and not verify, instead of checking the software they downloaded users simply assumed a wallet with the #Ledger logo and sitting on the official #Microsoft store was legit and ended up giving up their funds in the process

Keep your funds safe kids, these scammers will stop at nothing to snap up your hard earned satoshis

https://www.bleepingcomputer.com/news/security/fake-ledger-live-app-in-microsoft-store-steals-768-000-in-crypto/


Trezors are pretty solid too, we don't get them easily where I am from so I haven't given it the run around


Everyones needs and willingness to spend are different, i've personally moved over to the blockstream jade, but theres the cold card and bitbox, which are also great devices to get started with all focusing only on Bitcoin


#Ledger sure is doing its best to erode its market share in the signing device market, they had an early lead and many people including myself got one and recommended it, it was sort of staple of self custody in the previous cycle

But after major pains like data leaks of customer lists, launch of ledger recovery exposing the backdoor on devices and now the ledger live tracking, the drama sure has to be a PR nightmare and a win for other devices

Ledger obviously thinks going after the wider shitcoin market is better than building a device that promotes privacy, self custody and hard money

https://nitter.net/rektbuildr/status/1732542258698694875?ref=nobsbitcoin.com


I've had cent sat parity in my local currency before and it is glorious, won't be long before we hit it again, then there's no point in using your fiat


100% man, its just about chasing the cashflow and if you can get in and out and your number is now bigger than it was before you got in, a situation that doesn't happen often but sometimes it does and it emboldens them to keep trying to replicate it and fail

Over a long enough time frame you're going to get cleaned out


Yes its tied to the key you used to create the wallet, your key accesses the greenlight node, and you'll be able to port it in future to your own setup


Go and tell a bitcoiner no wit an stack so fat
Hey why u wanna go and do that love huh?
Hey why u wanna go and do that do dat
Hey why u wanna go and do dat dat dat


Arguing with crypto bros is a losing game, don't waste your time you're not going to make any progress, how do I know this? Here's a chart of a delisted stable coin #binance kicked off its platform because it pumped 50% lol

The asset doesn't matter, the narrative doesn't matter, the only thing that matters is can these gamblers trade it

https://m.primal.net/HSzg.png


Lol let them burn the fees, and I will pick up the rest of cheese


I'll be hard pressed to use anything other than nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n  's GreenWallet now that it has the easiest to use self-custodial mobile lightning wallet on the market.  Onboarding someone with this wallet is about as easy as it was with Wallet of Satoshi ; user downloads GreenWallet, adds a lightning wallet, and you send them some sats via lightning to get their wallet started.  They get inbound liquidity from the LSP and subsequent deposits over the initial channel require a small fee to enlarge the channel via splicing.  In addition to this excellent first step, users are then able to expand into on-chain btc, and liquid all under the same simple 12 word recovery (I tested recovering the wallet into Green Wallet, and even the lightning wallet was just as I left it). The UI is also fantastic, it's the gold standard as far as I'm concerned and the wallet I'll be suggesting to new btc users 😃

Get the wallet today and test out sending 10000 sats to justbrian@blixtwallet.com as well today 😉

https://video.nostr.build/5d4b7d325f4a715060e9dc59a13216e9d9a397a5a06605aab46fd384592f3d30.mp4

#bitcoin #lightning


You have to enable experimental features on the main screen settings option before you login


Hey anon! Just a reminder to acquire your daily stack of sats!

https://m.primal.net/HSyO.webp


What happens in Vegas?


We thought they were gaslighting us with 'unhosted wallets'. It turns out they almost succeeded in fooling us with this ploy. They were simply trying to divert our attention so they could gaslight us with the term 'stablecoins' and almost succeed.

Thank you for shining a light on this #[0]

https://i.nostr.build/3OBX.png


Fablecoins, because you have to believe in the fiarytale of value


With all this talk about AI and how it's going to drive deflation and so many improvements in the way we work, it also changes the way we deal with scammers who are also using this technology to get people to part with their money

https://thebitcoinmanual.com/articles/ai-phone-scams/


👀

https://youtu.be/pZ-Yi7A-o_A?si=BDixFhJhRB81truv


happy to lend my completely unqualified opinion to the discussion I own a few sats doesn't that mean I have a say? lol


A great tutorial by the nostr:npub1tg779rlap8t4qm8lpgn89k7mr7pkxpaulupp0nq5faywr8h28llsj3cxmt peeps on how to manage your UTXO set and ensure you don't over pay on your transaction fees, which is going to grow in importance as fees continue to rise for on-chain transactions
https://bitbox.swiss/blog/what-is-utxo-consolidation/


I am not a fan of ordinals but storing data in the chain is kinda all it does, how we interpret it is subjective, sure this additional data is used for speculation, people will get cleaned out, lose their Bitcoin, stuff up the UTXO set, thats life, thats what happens when you open things up to the world people will misuse any tool you give them

While I'd love for ordinals to f off to another chain or layer two, if we try to patch things, we might only create new incentives that we don't get understand

I think this is all a bit overblown and I don't think the ordinals market has the legs to sustain itself forever, I think this is a trend, I could be wrong of course, but in the end, most people who get into this space will lose their shirts and hopefully learn from it

 — This is a comment on: https://yakihonne.com/article/naddr1qqxnzdesxyurwd3jxuengv3nqyw8wumn8ghj7mn0wd68ytfsxyh8jcttd95x7mnwv5hxxmmdqyw8wumn8ghj7mn0wd68ytfsxgh8jcttd95x7mnwv5hxxmmdqy08wumn8ghj7mn0wd68ytfsxghxgmmjv9nxzcm5dae8jtn0wfnsz9rhwden5te0wfjkccte9ejxzmt4wvhxjmczyqewrqnkx4zsaweutf739s0cu7et29zrntqs5elw70vlm8zudr3y2qcyqqq823czk5wnz


The uproar over nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze filtering what they consider to be transaction spam reminds me very much of when people were raging at Primal for filtering Semisol out of the trending feed.

In both cases, my take was the same: you can use a different client, and you can mine to a different pool.

#Bitcoin and #Nostr are both open protocols.

If you don't like what Ocean is doing, then don't give them your hashpower. If you agree that ordinals are transaction spam, you should point your hashpower to this pool.

Also, FWIW, it appears that whirlpool transactions were simply caught up in this filtering as an Innocent bystander due to their OP_RETURN byte size. 🤷

Not saying you shouldn't express your views on Nostr. Rage away if you want to and try to change other's minds about it if you feel compelled to. But more importantly, vote with your hashpower. 💪🫡


Either way I am stacking!

https://m.primal.net/HSqR.jpg


I've been messing around with Greenlight as my LN wallet now, a little clunky at times, but I like where this is going

nostr:note1wskqfxmvhpp4kf3a2ptt3lur8nycp5668kee0jadceud26qt39uqyrgrfv


Alright fellow psychopaths.  I need your help.

For a few weeks now I've been drafting this turn-key response to FinCEN and their absurd proposal for CVC mixing, etc.

I want you to take action and use what I wrote in this proposal to post comments into the register - less than a minute to perform and all the links are in the document.

Accelerate.  Take Action.  #Bitcoin

https://egodeath.capital/blog/fincen-may-be-violating-your-rights-bitcoin


There are so many Malawians here in South Africa, and when you hear their stories of how they had to get here, its never a straight line, always filled with drama, but people still think its worth it, they are hard workers and just trying to get closer to a harder money, despite how bad the South African Rand is and our economy, they still see it as harder money

I hope that Bitcoin does bring hard money to countries across the region so people don't have to chase these weird fiat incentives and can build wealth without the need to leave their friends, family and even children


Oef this pool is getting off to a rough start


 Google is really doing a great job of destroying its SERP relevancy, in a bid to get more traffic to their own products, Google Group Forum pages are not only indexed but getting a ranking boost

 As expected everyone who is anyone has started posting articles as discussions to try and rank and drive traffic to sites that might not have gotten those rankings given their domains ability to rank

What a shit show

https://www.seroundtable.com/google-groups-ranking-boost-search-36488.html


Today nostr:npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5 and I explain the new nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze mining pool and its tides system. We also welcome our new sponsor Coinkite!
https://bitcoinexplainedpodcast.com/@nado/episodes/episode-86-ocean-tides-hktbg

Addendum: it looks like they added additional filtering related to inscriptions, beyond the op_return stuff we mention (which inscriptions don't use)


PSA: “Inscriptions” are exploiting a vulnerability in #Bitcoin Core to spam the blockchain. Bitcoin Core has, since 2013, allowed users to set a limit on the size of extra data in transactions they relay or mine (`-datacarriersize`). By obfuscating their data as program code, Inscriptions bypass this limit.

This bug was recently fixed in Bitcoin Knots v25.1. It took longer than usual due to my workflow being severely disrupted at the end of last year (v24 was skipped entirely).

Bitcoin Core is still vulnerable in the upcoming v26 release. I can only hope it will finally get fixed before v27 next year.


Lol onlyGrams


ETFs are a black box rife for rehypothecation, let them get rekt like everyone else who tries to be a custodian


Lol facts, I see so many people shit on Liquid but they using custodial LN and don;t even run a node like daddy chill, you hating on a federation but you're opening yourself up to single points of failure


Don't be giving your DNA to companies, they can't keep it safe, if they can't keep your personal information safe, what makes you think they can keep your money safe or your privacy?

Oef, 6.9 million people doxed

https://www.bbc.com/news/technology-67624182


It might not be the solution we wanted but Sophon did do quite the job in cleaning up the mempool and reduce BRC-20 inscriptions for a solid month before getting shut down

https://thebitcoinmanual.com/articles/sophon/


Agreed, as country either mining it which you can easily show on-chain and then move it however you like/mix it and if you're buying from exchanges that record stands.

While you could recycle UTXOs or ask someone to send a UTXO to a "verification" address also to spoof your buys at least it would be better than going on one persons tweets


Lol maybe, only time will tell, happy to be proven wrong and they are full reserve, which is pretty easy, sign the keys


Aren't state funds supposed to be open to public review? How would that be different from showing how many treasuries you own, as a country or how much gold you own?

Not that we can audit those down to the last cent, you can bs about your gold for example, but Bitcoin you don't need to it, its fully auditable. Why get into bitcoin then?

Worst case they have 0, maybe they have some just not as much as they say or maybe they're full reserve, but I don't see why we can't question it?


Lol DCA tweets, but wheres the on-chain evidence? wouldn't this be public funds? why the need to keep it a secret on-chain?


Lol because his the only one saying he is buying Bitcoin and posting charts based on his own tweets lol why is this so hard to grasp?


Lol how am I a fed? You the one taking the side of the government in this one, wtf?


I don't get the point of the whataboutism you're pitching, should we not ask if this is real? Just take another politicians word for it because he says Bitcoin?

If El Salvador has bitcoin or not, wouldn't matter to me, because I have no connections to the country, I am just saying if you can't verify whats the point of using Bitcoin?

Why are you so triggered by such a simple question?


What has that got to do with signing keys or providing independent verification of your claims? It costs nothing


So these #bitcoin portfolio chart of El Salvador tweeted out by Bukele is making the rounds on Twitter, but its based on his own tweets and people are foaming at the mouth in the comments, brain dead "bitcoiners" who clearly trust and don't verify

Has this guy provided any proof that the country has purchased any Bitcoin? Asking for a friend

This dude is providing MSTR like updates but no verification? Sign the keys put as at ease, lol is this another CSW moment?

https://m.primal.net/HSaL.jpg

https://nayibtracker.com/


Normies DM'ing me after reading some MSM news headline be like:

Relax, don't you know yesterdays price is not todays price

https://m.primal.net/HSVM.jpg


If the fed cuts rates, the rally will have some serious legs, how long this current one lasts on the "front running the ETF" idea I don't know and eventually if no news comes within the next few weeks there would likely be a correction downward.

I think its still too early for a real run, the halvening is still 5 months away and that also takes a while to kick in


#gm :) https://image.nostr.build/9f8adad819e5e7cc6a65e7d012d9583136e8f3b5569bf2b8d76f0d51b10d3b6f.jpg https://video.nostr.build/1505e1eefe7021abeeede1d6c0600cef1f334ab0f478cdc82ce4260d44050648.mp4


Let the FOMO begin, makes my personal stacking goals harder but i'm here for the long run and enjoy the entertainment of people thinking they're smarter than #bitcoin, grab your popcorn lessons are going to be dished out hard

I'm already seeing new on-chain celesius like products rolling out, the leverage is getting ready


Lol fomo is coming, we can only watch and cringe


Lol who would have thought a coindesk intern claiming an ETF would be approved would kick off such a mega run


Business is clearly taking note of what's happening in the #Bitcoin space with #UMA borrowing from the success of Lightning Addresses to roll out its own KYC'd version and universal routing address for various currency transfers

https://thebitcoinmanual.com/articles/uma/


NRC-20, NostrSwap and "Nostr Assets" are scams that exist only to steal your money. Do not fall for it. Tell your children.


The University of Oklahoma will be implementing its first ever Bitcoin course in Fall 2024, taught by yours truly.

LFG 🫡


We're Ghana Make It


Lol Zaps were bear market cope, now up only hodl till I die every sat counts takes over


#shitpost #memes

https://m.primal.net/HSHc.webp


Double dosing are we?


Looks like Bitcoin Talk has decided it will distance itself from speaking about Mixers and allowing them to promote services on their platform, hmm, will #nostr still have mixer conversations?

Should mixers come over to nostr and start using zapvertising to promote their services? Who is going to stop them?

Let's talk about mixers baby!

#mixertalk

https://bitcointalk.org/index.php?topic=5476162.60


The keys are on the phone, lol no one knows where the node is


oef, tough break! If you don't host it you don't own it, they just want your money and want you to rent everything

nostr:note1w9nrgvnltnhzssc2qdkuw49r3m23e83jd9hrmxwfeyu05gcd4rkqr6ul92


Lol anything before the first cup of coffee can wait


Very cool to see hardware signing devices start to adopt Lightning Support, BitBox will be adding Lightning to their mobile wallet app and you can manage it all non-custodially with your keys tucked away safely on your #Bitbox

https://bitbox.swiss/blog/bringing-lightning-to-the-bitboxapp/


Lol I take my punishment everyday

https://media.tenor.com/5a_IMJ9m0TMAAAAC/pain-punishment.gif


BIG NEWS: Primal for iOS is now live on the App Store.

This release comes with an integrated lightning wallet, ability to zap and get zapped, send & receive lightning payments, and buy small amounts of sats via an in-app purchase. I will talk in detail about our wallet approach soon.

We worked really hard to make the Nostr onboarding experience as smooth as possible, and give new users the ability to send and receive zaps without friction. Please try the app and let us know your thoughts! 💜🤙

https://m.primal.net/HRoA.png

https://apps.apple.com/app/primal/id1673134518


Lol rek them all, you wanted to support miners and the security budget, this is the price you have to pay


✨ WELCOME TRAVELERS ✨

Today I'm announcing a new project called FIND ME ON NOSTR. The goal is to spread the word and onboard new users to this incredible protocol. To accomplish this, I have distributed QR codes throughout NYC linking to my profile (https://www.fmon.io/zach). Some of these QR codes are hiding NFC chips, which contain a sat reward of up to 10,000 sats!

So start exploring, and if you come across a Find Me on Nostr sticker, tap it with your phone and let the sats rain down!

(PS, the map on https://www.fmon.io/ should be helpful 😉)
https://i.nostr.build/AJDq.jpg


A lot of grifters in this space, I take solace that most of them if not all are net consumers with high time preference and will eventually run out of bitcoin


Lol interest rates are nowhere near high enough that scammers like this can sit around on sponsorships and daddys money to add zero value. Same on brands don't know how else to market and keep funding these knob heads


The reality is the same, the perception and selective enforcement of certain rules makes it seem like its not


Who are these nutters who are excited to spend 1.6 BTC to 2.6 BTC for this CyberCuckTruck? To paraphrase Elon, it is financial irresponsible to buy anything other than Bitcoin

Where is the value? Where is the utility? Is this just a hummer for EV bros?

https://www.roadandtrack.com/news/a46001430/tesla-cybertruck-pricing/


Several brands have vowed to stop zapvertising, oh wait! I see sats in my wallet

nostr:note1wuphnhx003nsp7gt9q30ewa7vg9fuzf8vyyzejzywmn69a3t5c6s9u9fdj


Load up them ASICS best way to drain em


After the shut down of the #Sophon bot that was sniping #BRC-20 minting and killing new issuance for a month, the token trading came back with a vengeance, but some genius has built a new sniping bot that is absolutely taking ordinal traders to town and I love it

I am so here for it, lets see if #MEV gets these token trading off Bitcoin and to move to a side chain or an L2

https://protos.com/how-a-quant-sniped-millions-from-bitcoin-ordinals/


Do you have a cool Bitcoin story to share? Why not pitch it to #Azteco and bag yourself $200 or roughly 500k sats at current prices

https://azte.co/bitcoin-vouchers/writers-wanted

https://m.primal.net/HRiE.png


Weak hands, what ever happened to he who signs with cryptographic keys beware


Until I can spend bitcoin directly for things, I ain't spending it


Lol seriously guys, whoever is selling their Bitcoin to Saylor, can you stop it, MSTR are on their way to owning 200k BTC and here I am trying to figure out how I can squeese another 1 million sats out of my monthly salary

https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-16130-bitcoins-and-now-holds-174530-btc_11-30-2023


Lol many "influencers" weren't going viral they were paying for it


By time African countries get access to LN, it's such a ballache using the current services, having LN on-ramps is key once that cash goes into Bitcoin it ain't coming out, we just keep recycling it in the system

In the 3rd world even the slightest saving in fees is a massive incentive driver

nostr:note1l4q0cckkxj2q33dk85myc8mftdp4e3vkkkx04fzf2x0mche2gxjq8yx9d5


Lol you mean our property, how can it be owned by an individual, what are you talking about?


Lol you mean because the CPCs have gone way down due to less competition, companies dont care about free speach they care about cash flow and converting users


Elon tells advertisers to go F themselves,
Also Elon: #Twitter running unlabelled ads as posts

https://www.wired.com/story/ftc-x-ads-investigation/


LOL! I see what you did there, naught naughty

https://media.tenor.com/eh5z0wkCNzgAAAAC/naughty-naughty-naughty.gif


I'm with you on that, he has drummed up a tonne of media since he took over, and I think there are industries like news, influencers, marketers, finance and scams lol that are tethered to Twitter and would go down with it.

Sucks we can't see the inner workings, I mean if he can get his burn rate down to a manageable level and offer cheaper reach to users vs say a Meta or Google, you might have something there

LinkedIn isn't the most popular social platform but it found a niche that makes it a sizable chunk of change


Too soon? We're all thinking it, come on admit it!
https://m.primal.net/HRgc.jpg


I heard the Phillipines is blocking them too


Bold move cotton, lets see if it works out for him. Wonder how low CPC/CPA drops on Twitter and if it attracts other advertisers who never paid attention before, to come in, while others can't because they would look dumb to backtrack


playing with shopstr.store tonight

https://shopstr.store/npub1z8gtve683pa6nfknfv37kvfgwd6tgkc6rvtpatz5evvrc5lqpmmszk36vw


I DRINK YOUR MILKSHAKE, I DRINK IT UP!

https://media.tenor.com/Ud9yvK_mEZkAAAAC/there-will-be-blood-i-drink-your-milkshake.gif


Maybe if they weren't busy listing unregistered securities, they could focus on customer support


Lol 1 ETH transaction can run on a single drop of blood

https://media.tenor.com/OZj-pBcG5C8AAAAC/theranos-spoof-documentary-spoof.gif


Remove it anally and kill it with fire


Let them keep paying their 8 dollars, I put mine into Bitcoin and my time in to nostr, I figure focusing here has more upside than centralised platforms. There's so much going on here, and so much future growth ahead


LOL Bitcoin Dad Jokes are *chefs kiss*


If you've been stacking sats for the last few years and you're looking for a benchmark against your Rand holding normies in SA, then here you go!

https://thebitcoinmanual.com/articles/btc-top-1-south-africa/


Me after my Bitcoin miner empties my pool

https://www.youtube.com/watch?v=A0Z1IjE_LXg


ROFL, wake me up when swimming pools get us out of poverty


Lol that was me a few years ago with all my shitcoin bags


I have brain hemorrhaging just reading that title


😁🤙
https://video.nostr.build/587cdbb7da5f2ebb54fd2406930fd18fb335c67471a26155f82ad4555c0622fd.mp4
#Bitcoin #Nostr #Plebs


Lol how does anyone find content without a cronjob picking posts for you based on arbitary data points


Lol I call him Shitcoin Bumtrain


thats a lot of corn, looks like the shitcoining will need a lot of liquidity


Order now and we'll throw in some extra floride


You might been hurt, babe
That ain't no lie
You've seen them all rug and go, oh

I remember you told me
That it made you believe in
No crypto, no cry

Maybe that's why
Every little price pump I do
Never seems enough for you

You don't want to lose it again
But #BTC is not like them

Baby, when you finally
Get to use money that doesn't need trusting
Guess what
It's gonna be BTC

https://m.primal.net/HRcQ.jpg


If this is the first of many, then I am so here for it, the amount of shilling that went on dragging in brain dead celebs to shill financial contracts/securities was always going to end badly.

While I am no fan of the #SEC I am not going stand against them cleaning house, so many more paid shills need to get rekt so they can keep their mouths shut and stop giving financial advice/ marketing pitches for #ponzis

https://www.ccn.com/news/cristiano-ronaldo-sued-binance-nfts/


Lol one day we're going to feel like that about $100 000k


Lol old dude ripped people off but he dead now relax


PAMP the hash rate


So India and Africa is where you're focusing I assume?


Lol thats one hell of a 3rd party, practically a rager


Too late, lol nostr piracy issues here we come!


Made a new thing, don't sue me https://dtan.xyz/


Pity Charlie couldn't live long enough to see him being spectacularly wrong on his view of #Bitcoin but may he rest in peace.

Many of us won't see real #hyperbitcoinisation in our lifetime, but we're still here fighting the good fight to ensure future generations enjoy a hard money standard

https://www.bbc.com/news/business-67562529


Bitcoin #mining is a hugely competitive enterprise and if you get into it without doing the math you will end up wrecking yourself, this isn't some free money printer anyone can spin up.

In a hostile place like South Africa, its even harder, it doesn't mean theres no one mining here, its just not of any real scale

https://thebitcoinmanual.com/articles/btc-mining-in-south-africa/


Sniffing Vitalik's butthole makes you think crazy things, the pure cope of these dudes, just admit you made a mistake, sell up and move on, but no you going to double down on being a dumbass


Someone else also made a good point, they are keen to move to Bitcoin with their shitcoining, because of the choke points coming to other chains with securities laws and how exchanges are being targetted


Unwashed, in my own lane, thriving


Yeah I miss it, always kept me up to date with the latest banter, the shows that are on Youtube today don't have the same style, just basically reading coindesk articles into the camera with ad reads in between so lame


What in the viltrumite empire are you doing?


Who has the reverse of that side bet?


ZEUS v0.8.0-beta5 is now available.

## New in beta5

- LND v0.17.2
- Dynamic LSP fees
- Tap to enlarge QRs
- New sending lightning animation
- Express Graph Sync on by default
- Updated default LN fee limits
- Removed 50k onboarding limit
- Onboarding improvements
- UI improvements

## Links

Blog post: https://blog.zeusln.com/zeus-v0-8-0-open-beta/

GitHub: https://github.com/ZeusLN/zeus/releases/tag/v0.8.0-beta5

ZEUS documentation: https://docs.zeusln.app/
Embedded node FAQ: https://docs.zeusln.app/for-users/embedded-node/faq
Fee structure: https://docs.zeusln.app/lsp/fees

Android

Universal APK: https://zeusln.app/zeus-v0.8.0-beta5-universal.apk
arm64-v8a APK: https://zeusln.app/zeus-v0.8.0-beta5-arm64-v8a.apk
Manifest: https://zeusln.app/manifest-v0.8.0-beta5.txt
Manifest Signature: https://zeusln.app/manifest-v0.8.0-beta5.txt.sig

PGP Key: https://zeusln.app/PGP.txt

iOS

Apple TestFlight: https://testflight.apple.com/join/vVnODWoi
IPA: https://zeusln.app/zeus-v0.8.0-beta5.ipa https://image.nostr.build/cf74df9c7141ed7c18f4976773fb912b6a651f5b479b25bfea2b2091afd53642.jpg


Bring back Keiser Report on Nostr
nostr:note1lqeyrjkl4pmkdqgqpzcg0wvwrc47vvukv2c5rfuqfm8l7jyvmfgqcgxgft


Stunning and brave


Lol now I know what ada bros are eating


Lol Slaaaaay king!

https://media.tenor.com/8Zja0UiDKJgAAAAC/jaime-marod.gif


Thats why they want to tether their scams to Bitcoin before they are shut off


You either learn that early or get burned and learn it anyway


I'm digging the vibes your putting out, may your pull out game remain strong


GM LOVE Warriors 💜
#freedom
https://m.primal.net/HRXC.jpg


Over a long enough time frame they all get rekt, I just don't see how anyone with two brain cells can't see these people have no idea what they are talking about, its nuts


Yeah that would be dope, most sites either use Facebooks comment function or plugins like Disqus, definitely think theres a market for it especially if normies can sign in and get a set of nostr keys attached to their legacy mediums ie gmail and facebook

Then you're cooking


Lol time to make up for all those lost GMs, I can't even get myself to go on Twatter anymore


NEW Article - After last week's settlement, Binance's Chief Compliance Officer Noah Perlman has more power at the world's largest crypto exchange than ever before. However, the media has ignored his ties to scandals ranging from FTX to Jeffrey Epstein.

https://unlimitedhangout.com/2023/11/investigative-reports/binances-noah-perlman-ties-to-ftx-epstein-and-gemini-earn/


Why is kitty so pensive?


Lol I think about that too, but I really think the fact that most of the info is on aggregated data sites like social media is what fucks it all up, I think the old internet where you had to do it yourself and there was a barrier to entry to put up content was better, and we don't have real tools to filter except remaining offline or checking in periodically


Yeah people are going to do things with their freedom, and its going to be things you don't like, if enough people don't like it IE relays, you have to spin up your own and eat the economic costs, simple as!


Your #Bitcoin continues to appreciate in value and there are #scammers who will do anything to try and get a hold of it, while most of this should end up in your spam folder, some might not.

https://thebitcoinmanual.com/articles/btc-blackmail-emails/


Depending on which method you use LIFO for example, you could check your wallet and pick the UTXOs you want to sell and the price it was purchased at and the price today using on-chain data

If you're using an exchange you will need to request your full account data and apply the same logic, the amount you want to sell and your buy prices


Lol, so true, the salary is the opioid of the masses


Snows out, nose out


If there's enough attention coming to nostr, the ads will come while it might not be network serving it will be in the form of "content" in feeds.

People be selling, you can't stop em from selling


# My experience after boarding thousands of people to Nostr.

Bitcoiners are easy, as we are familiar with keys management.
"This is your private key, it's randomly generated, you'll need it to sign your messages and you'll need to keep it safe, like your Bitcoin private keys. And this is your public key, people can find you with this."
then points them to a tutorial on setting up NIP-05 verification, NIP-07 login, etc.

But for normies, (and even crypto bros who still think their account of a trading website is their wallet) all of that will be super intimidating.

A lot of clients have been trying to make the experience smoother, hiding private keys, auto nip-05 generation, etc. but key management discussion will come up when there's a need to 'log in' somewhere else, ie, a laptop or a tablet.

## What I think will help.

A key management app that works on both mobile and desktop. Encrypted key syncing between clients, works as a signing app on mobile and maybe a browser extension on desktop, a plus if it's also a Lightning wallet, double plus if non-custodial. Whoever did this will become the go to onboarding method which could be beneficial for LN node runners.

## User retention

After finally getting their keys sorted, the second, most difficult thing is to get them to *stay*

New users are greeted with empty feeds, irrelevant home feeds, and an unreliable search function.
I agree with nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m here, we need a better search and indexing service. But this service doesn't come without a cause and no one should be doing it for charity. I think apps should have it's own client-side / customizable algorithm for discovery, a lot of apps are already implementing this and people are using hashtag and hashtag follow functions but there should also be a reliable indexing service, I see service providers and app developers paying for these service in the future but there's a need to get the money flowing.

## Other stuff

Money and crisis drive innovation, we see a lot of non-custodial wallets rolling new Nostr specific features after the incident with WoS, but what will make it sustainable is to increase the value of the network. Forget ad revenue for a bit, this is where I see development in 'Other Stuff' coming in. Marketplaces, data vending machines, AI bots, community management platform, note taking services, etc. many of these exist today but it'll take some time to become truly usable, once they are and value is created, people will be using Bitcoin for more than zaps, which in turn will create economic value to the network, attracting more value, growing and incentivizing better service infrastructures.

It might seem counter intuitive to focus on those use case before sorting out onboarding and user retention problems, but I think that it might be necessary, so for you early adopters, seek out new, fun things to use, try them, give feedback, zap to support, and help grow the 'other stuff' and I believe that will result in a better overall development of the whole network.


I am sure there is a portion of laundering, that makes sense, but for this to work, they need to attract average everyday people to jump into the market so they can obscure their trades, hard to run money laundering if all transactions are you.

I think like Mevlin said theres also gamblers, naive traders, people influenced by social media trying to get rich quick and a few venture firms funding the apps and platforms all forming what seems totally nonsensical


Lol the only problem we have from having a great economy is the free will of the people, if only we can enslave them to do as our spreadsheet predictions say.

This is the thinking of life time grifters who never created anything of value


Reddit is still useful for some topics and to get the opinions of people who are just smart enough to be stupid


It might not always be applicable but for those who are still fiat minded and have paper losses you could use #Bitcoin tax loss harvesting which a strategy where investors sell Bitcoin at a loss to offset capital gains from other investments, thereby reducing their overall tax liability.

https://thebitcoinmanual.com/articles/btc-tax-loss-harvesting/


Miners and people who want to disrupt the bitcoin network to push their own, but there is a growing secondary market for this nonsense clearing around 5 million in trading per day, so there are those thinking they are benefiting trading these "assets"


Bolt12 and CTV looking good right now


Even then, how does that help those miners? They can't guarantee those fees end up back with themselves, that would be quite the gamble


No idea, wil need to wait for an indexer pull together this recursive inscription to check what it is and I'm not going to waste my time checking


Would you be interested in my new brand of noodles? Its called Tres Ramen


Lol i'm just here in the comments waiting for my node to sync don't mind me


So some BSV peeps are disrupting the chain to try and drive users to their chain? I wonder how they are calculating the ROI on this, for every bitcoin block that is full how many are really moving to BSV to offset what they are spending?

As for the gamblers, I assume the vast majority end up with overpaying for a few satoshis in their wallet, when these tokens eventually go to zero, once they exhaust buyers for this stuff they keep creating, so how long before that reality has them hitting the wall?


Whose money are they laundering? Is this deals with criminal enterprises or helping people get money out of certain countries? I see BRC-20 tokens are pretty popular in the East, for some reason


According to Dune reports BRC-20 bros have already spent 2,546.98 BTC in fees, how much more money do these people have?Geez, i had to pay 82k sats for a transaction today competing with these numb nuts


Lol its sync the whole chain or swim time
nostr:note1ylu5zrw5va0sxmyhvucy2a5avz4n96yfnrrlpmaw3zv7p5pp6atsvvpz5h


Damn, that ramps up the insanity even more


Am I the only one who wonders where these people are getting their money? I thought we're in a recession, how are people spenidng $7000 in fees to inscribe a video into the timechain?

#ordinals users really break my brain

https://m.primal.net/HRQP.png


Lol Toke and create distributed notes this is the way


LOL 824 dollar fees, I am not ready for it and I will never be ready for it and you can't make me


It's an old address format, I wasn't using segwit or taproot so it was a little more pricy


Lol paying 235 sats per vbyte just hurts, but hey that's the running cost for self custody these days 😉
https://m.primal.net/HRPG.png


Yowzers! That is one hell of a bug, i see there is another thread linked about it, another reason why you should have a bitcoin only wallet, adding more complexity to your wallet only adds more vulnerabilities and chances to stuff it up


Bitcoin’s price soared to $43,360 on #Bittrex as the platform has stated that next month, 04 December it will be shutting down. The troubled exchange had both an international and US based site, with the US site shutting down a year ago but without US liquidity exchanges are clearly suffering and this one is going down hard

This is what happens when you try to play the game of selling unregistered securities, i'm sure the higher ups made bank in the time that this exchange was in operation so it was worth it for them

Oh well, if you are using this site, and have any funds on it, time to remove it or lose it

https://www.thestreet.com/crypto/markets/bitcoin-price-breaks-43000-on-exchange-following-shutdown-news


A lot of it is content for contents sake, fluff to put in between the ad reads


Lol couldn't find out in the thread they don't provide enough info for anyone to source the problem, but the main issue is using a hot wallet to hold 11 BTC who does that?


I knew this day would probably come, but didn't expect it so soon.

I am being investigated for running an illegal money transmission business in Canada (nodeless)

Under the advice of my lawyers I need to shut down the main instance of it.

As you guys know I made Nodeless completely open source in the event that this happens, so that others who don't live under communism can run a honest, privacy focused payments business.

To my clients who are using it, I'm very sorry for the short notice but you'll need to find a new payment processing solution this weekend.

DM me on telegram and I will personally walk you through setting up a btcpayserver instance that you can self host, or even your own instance of nodeless.

I can't give much more information than this, not even supposed to say this much, but I owe it to you guys to let you know what's going on.

To install nodeless on your own server, you can get started here:
https://github.com/nodeless-io/nodeless-monolith


On Friday the 24th someone posted to the Bitcoin Talk Forum stating that he lost 11 BTC from my Bitcoin Core 25.0 wallet. I can't imagine the emotions you must be going through right now, yet another lesson for everyone to ensure that your security is up to scratch

https://m.primal.net/HROq.png

You can read the horror story here:

https://bitcointalk.org/index.php?topic=5475282.0


Lol not creepy at all, now let us scan your rectum so you can get to drive or get a phone lol wtf? So glad I live in Africa where governments are too busy stealing to bother with nonsense like this


Lol for the cost of a gold check even you can scam twitter users


Fedimint support in Mutiny 👀👀

Hopefully done over the weekend.

https://github.com/MutinyWallet/mutiny-node/pull/867


These days there are some great self-custodial Bitcoin Lightning wallets to choose from. Some even integrate an LSP so you don't have to manage your own channel liquidity.

Here is a simplified overview of the major players and how their fee arrangements differ.

https://m.primal.net/HQrU.png

As Bitcoin on-chain fees rise, you should have a basic understanding of where LSP costs are incurred so you can plan accordingly.

For example, funding your wallet will allow you to send, but if you are receiving lightning payments you will require inbound liquidity.

If you want to receive a payment on a new wallet, an on-chain transaction may be required on behalf of the user by the LSP in order to provide the necessary capacity.

In high Bitcoin fee environments this can sometimes result in unforeseen transaction fees. Be aware.

The devs are working hard and shipping improvements and new features all the time.

As these products develop I'll attempt to publish any  relevant updates.

⚡


# My Quick Non Custodial Lightning Wallet Comparison

After the recent incident with nostr:npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rq decision to exit the us app store. (Thank you for not forcing draconian KYCs on your users and being transparent about the decision) A lot of people have been looking for alternative solutions for their zapping needs, but each solution has its own tradeoffs so here's a quick run down of what I've been playing with recently.

## Move to a Different Custodial Wallet

There are a few options available, the one I think has the most complete feature set for Nostr user is  nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm as you can use it to log in to Nostr services, create lightning address to receive zaps, send zaps on desktop, and use Nostr Wallet Connect feature to send zaps from many mobile clients. It provides a good set of features, also can handle keys for your on-chain wallet (non-custodial) But with the recent growth and attention it has been receiving, Alby is also a target for regulations and government attacks.

I'd still say this is fine for users who are not tech savvy, it takes a few seconds to set up and should answer all of your zapping needs, at least for now, but be aware that it faces the same risk WoS faces.

## Move to a Non-Custodial Wallet

So you want to completely eliminate the risk of censorship and surprises and decided to go non-custodial, not your keys, not your Bitcoins, it should be simple, right?

Well, not really. You see, lightning is not Bitcoin, to truly operate a lightning wallet without and third party you'd need to run your own Bitcoin node along with your own Lightning implementation of choice and a whole bunch of other stuff, and if you are already doing that, I bet you're feeling pretty superior right now.

### So, what about all these 'non-custodial lightning wallets' then?

Compared to just Bitcoin, things get a little bit more complicated for Lightning, you'll need to open channels, manage liquidity, ensure connectivity, and be online to use the network. Non custodial lightning wallets are wallets that lets you create, and keep your own keys (or what normal people would call seed, or the 12-words) but will do all the other stuff on your behalf, tasks such as creating and funding channels, routing payments, managing liquidity are done by the service providers and as of now, there are no established standards on how this is done and each wallet will have their own set up.

### wait, why should I care about all of that?

Well, to put it simply, you might not always be able to recover your wallet in any other wallets, Lightning is complicated and it requires more than your seed backups to restore your wallets as channels and channels balances are stored separately, this might change in the future but it is the current reality, so, just be aware!

## These are the non-custodial wallets I've tried for this note.

1. Phoenix
One of the oldest non-custodial lightning wallet, a simplified version of Eclair, also made by the same company, ACINQ. In phoenix, you create and store your own keys, but the wallet will use your keys to open channels and sign transactions for you. Recovery is simple enough as I've moved my phoenix wallet from phones to phones many times without any difficulty, just use the twelve-word backup phrase on their app. But if you need to recover the wallet in a different app then that will be a problem as you'll need the channel backups to close your channel and I can't find any ways to export that from the app. The app is available as apk though if it ever gets removed from playstore. Also, while simple, phoenix offers no special features for Nostr users.

**pros**
- Simple, clean interface.
- Channel splicing is great, no more dead channels with useless liquidity, simple management
- ACINQ runs onw of the largest Lightning node.
- transparent policies regarding channel opening fees, swap-in wallets, etc.

**cons**
- no Nostr wallet connect, but can still be used to send zaps.
- ACINQ is stingy with routing fee
- no lnUrl, lnAddress support

2. Breez
Just like Phoenix, Breez offers a clean user interface and a simple back up solution, instead of a seed back up phrase, Breez backsup your wallet to a cloud service, of your choice, which is a bit unnerving, but you can encrypt the file and recovery is easy enough, just re-link the back up and your wallet is back on a new phone. No Nostr specific feature though.

**pros**
- easy to use
- connects with a lot of services
- transparent

**cons**
- no lnUrl, lnAddress
- though can be transparent, most advanced information are hidden in the advanced section
- no back up phrases for on-chain wallet / keys

3. nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5
This is perhaps the most feature packed wallet on the list, but unfortunately, also the most difficult to get started. The playstore version does not support embedded node so you'll need to be running a node somewhere and use Zeus to connect to it. However, if you go to their website and download the Latest beta you can run a neutrino node on your phone and use it to manage your own channels. But you;ll need to manage your own channels, so that's a bit difficult for most people, or maybe I'm just missing something. Zeus supports NIP-05 generation, lnAddress (semi-custodial) so it can be used for Nostr.

**pros**
- feature packed
- connects to your own node
- does lnAddress magic
- also nip05
- node on your phone!

**cons**
- need to install apk or testflight (as of now)
- connects to your own node
- need to open / close channels
- node on your phone!

4. nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg
I really like Mutiny. One thing that sets it apart from other wallets is that it's a web app (but it runs locally on your phone.) So you'll never have to worry about it being removed from any appstore, ever. Just go to their website with your browser and click start using Mutiny and it'll install a web app on your phone. The set up is simple, seed phrase back up and your are ready. The  minimum funding to start using the wallet is a bit high though, at 100,000 sats so it's not great for onboarding newbies, and they charge a 40k sat fees if you wanted to fund the wallet with another lightning wallet. (funding it with on-chain wallet can be cheaper, depending on the network. Mutiny supports Nostr Wallet Connect so you can use it to easily send zaps, but does not have lnAddress for receiving zaps.

** pros **
- cool design
- no app store
- runs anywhere
- simple to set up
- has NWC

**cons**
- high initial funding tx fee
- no lnAddress
- can be confusing at first for people used to appstore.

### notable mentions

Blixt is also interesting, it runs a neutrino node on your phone and offers the same benefits as zeus, but the UX is quite confusing and difficult to use and does not support any Nostr specific features.

## Conclusion

I don't see a clear winner here but.
**if you just want to keep you zaps safe for the moment** -> Phoenix or Breez
**if you want to use it mainly for sending zaps** -> Mutiny, Phoenix, Breez are fine, Mutiny has NWC
**if you want to use it to receive zaps** -> Zeus (grab the v8.0 beta version) and learn to use it.
**if you want to send and receive zaps now and don't really care about going non custodial** -> Alby

If anyone has further suggestions, feel free to leave them in the comments!
Stay free!


Lol me underwater on my Bitcoin buys since the last bull run, finally moving into the black

https://m.primal.net/HRLN.jpg


Its a pandemic of the newly unbanked


Hodler
https://image.nostr.build/453f268f9d6091d00c84021e4b368810ec560d20f5170859a4afd400e2dd20a6.jpg
Nostr user
https://image.nostr.build/8392ae0b8acdfeddaaaef16a0268752dc71c6c1c18423a6896a96126efd983f5.jpg
Blackrock
https://image.nostr.build/1ee967a49faeee0d3185d8a698d484b56e253a4799540496a8debf4f742f5cac.jpg
Miner at halving
https://image.nostr.build/fce50b270a4d997b3d6f238dce8badcb25529ce1854979bda7f3206c4b7a2e3b.jpg


Reality comes for us all eventually and people will need to make a decision, do you want to run your own channels, leverage an LND hub or eCash mint that manages it for you or hopefully we will have covenants that can make LN channels easier to create and manage


How so?


If you like messing around with #Bitcoin tech and love gadgets then you should add this item to your Christmas wish list, going to make tinkering on Bitcoin a lot more fun, especially for those who love Lightning
https://thebitcoinmanual.com/articles/satslink/


I don't know why they don't just add support for connecting your own node bing bang boom


Can't be having avenues where sats can flow around quickly if you want that spot ETF in the US, anyway, US peeps will just need to start running nodes, don't see this as a bad thing, the training wheels are coming off


Time to run your on LN node US bros and babes, its been real now you get to try out real Lightning


To our valued Wallet of Satoshi community in the United States of America,

We've dedicated ourselves to providing the best Bitcoin experience with Wallet of Satoshi, being at the forefront of Lightning usability and adoption. However, we've made the difficult decision to remove our app from the U.S. Apple and Google app stores, and will not serve U.S. customers going forward.

This decision doesn't come lightly. Our commitment to providing a secure, user-friendly, and compliant platform globally is unwavering. Our top priority is the safety and interests of our customers and our company.

We understand this may be disappointing news and we share your frustration. We're hopeful that future developments will allow us to revisit and possibly resume our operations in the U.S.

For our existing users in the USA, rest assured that you have full access to your Bitcoin funds. You can seamlessly withdraw and transfer them to another wallet.

We deeply appreciate your support and understanding. We remain committed to bringing the benefits of Bitcoin to as many as possible.

Stay tuned for updates, and thank you for being a part of our community.

Peace, Love and Bitcoin,
The Wallet of Satoshi Team 🧡


oef! Big fat finger energy
nostr:note1hxhxzph4utnfj4a3v837g8cs6krxchdf0acaz5m7t4d2a55q986srz8lgt


Now to get nostr followers to buy you the coffee


Didn't this guy make the brc-20 sophon bot that was sniping ordinals? Now he goes the other way, I guess money talks everyone is in it for a piece of that VC funding


It has not been a good few weeks for exchanges, CZ steps down and #Binance is fined,  #Kraken is used by the SEC, #Poloniex was hacked for about 100 million and now another chinese exchange linked to Justin Sun has been hacked in #Huobi for $87 million in crypto assets

Seems a little fishy to me

https://blockworks.co/news/htx-hack-ethereum-crypto-assets


Token burning can be used to create a 1 way peg to a side chain or it can be used by #altcoins to pretend they can engineer digital scarcity on the same rate as #Bitcoin or better and create "ultra sound money"

https://thebitcoinmanual.com/articles/token-burning/


Stumbled on this article, stating Ukraine aid totals 233 billion, damn thats like 32% of the total #Bitcoin market cap, I wonder where all that money went to and what it was actually used for

https://www.visualcapitalist.com/visualizing-233b-in-ukraine-aid/


Yeah, i don't think this product is really aimed at the average user, its for people who run applications or services and value uptime and don't really consider privacy.


Depends who you want privacy from, and who you are comfortable with, do you want your own nodes IP open thats literally in your home, and open to the general public on the clearnet?

or do you want a company seeing all your interactions


How is a loss of a rocket a success? lol


Lol it's been a pretty busy couple of days Space X Starship blows up, #OpenAI sacks their CEO, #Binance CEO admits to money laundering and #Kraken is used for shilling unregistered securities

This is like day time soap opera kinda drama

https://www.reuters.com/business/finance/us-sec-sues-kraken-operating-crypto-trading-platform-without-registering-2023-11-20/


Like home miners, home nodes are part of the ecosystem as a failsafe, but the majority are pretty centralised, especially LN nodes

https://m.primal.net/HQwF.png


Are you running a self hosted node but it's just not as reliable or fast as you would like?

Maybe you'd like a backup #node, or one that deals with clearnet and you can keep your private node behind tor, maybe you need a node for business payments and want to keep things separate

Running a cloud node is pretty easy these days and here's how to do it
https://thebitcoinmanual.com/articles/cloud-node-voltage/


We're all rusting on the inside


No money, bad taste, in my own lane, flourishing


Wow this one was not on my bingo card for 2023, 4 billion dollar settlement and admitting guilt, at least CZ is giving me the chance to get some cheaper sats lol

Wonder how Binance reacts now with the new CEO will they be playing ball with regulators or will they give up on the US market


I think Fedmint with fedipool is working on something like this


Oef, wonder how much is left in binances treasury after this


This was not on my Bingo Card for 2023, #biance CEO stepping down plead guilty to violating criminal US anti-money laundering requirements and paying Billions in fines, wow

https://www.fnlondon.com/articles/watch-back-fn-takes-the-stage-at-the-european-blockchain-convention-20231120


I don't have Umbrel anymore I've switched over to StartOS is their another front end I could use if I don't want to self host?


Ah okay thanks, will have a look into it, yeah I thought it was a custom event and I was missing out on the action, prediction markets could be a great way to get people using nostr


Lol jolly good one ey guv'nah, i'm going to share this with the gesyer that lives up the apples and pears


can you drop the client you're using for this event type, I'd like to check it out, thanks


#OrangeClock 🧡🕰 in stock 👀 nostr:npub1l5pxvjzhw77h86tu0sml2gxg8jpwxch7fsj6d05n7vuqpq75v34syk4q0n  https://www.gobrrr.me/product/orange-clock/ and nostr:npub17tyke9lkgxd98ruyeul6wt3pj3s9uxzgp9hxu5tsenjmweue6sqq4y3mgl https://btc-hardware-solutions.square.site/product/orange-clock/21?cs=true&cst=custom


GM! Just a reminder that Tether has frozen $225 million worth of USDT apparently related to pig butchering scams, I wonder if they return it to the people who lost money?

What happens to the money backing those USDT that is now frozen? Does Tether just claim it as their own, or do they have to give it up to authorities?

Anyway, i'd rather deal with a stuffed mempool than that kinda drama

https://www.coindesk.com/business/2023/11/20/tether-freezes-225m-linked-to-human-trafficking-syndicate-amid-doj-investigation/


Oef, I thought they would have given up by no, stop trying to make BCH or BSV happen its never going to happen


Google will stop at nothing to get you in their walled garden, is this really the best way to drive share holder value? Especially when you wasted billions on developing BARD


Happy Birthday!


Lol I guess it could be an option for custodial LN users and maybe stablecoin use if USDT comes to taproot assets, other than that, its only other use case is shitcoining


Nostr assets is a protocol that uses your npub to create transaction events tied to a certain Tapoot asset or even Satoshis allowing you to transact directly with your nostr account and later redeeming those events for Bitcoin or Taproot Assets on Lightning

https://thebitcoinmanual.com/articles/nostr-assets/


Hopefully he brings the change you all have been hoping for, all the best


Lol yeah seems like they're kinda like a custodian that offers you swapping nostr event IOU's and then you can go back to them and claim it for real sats etc, wether it will catch on, no idea


Lol thats proper it just shows these new nodes/plug and play systems with all this additional software and features only add complexity, keep it simple and you'll be okay


While those on a USD standard only see #Bitcoin reclaiming half of its value from the all time high, the folks in non-dollar countries don't see it that way.

After the latest round of currency devaluation, Bitcoin has hit a new all time high in #Nigeria, 1 Coin now costs 30 604 969,78 NGN

Crappy 3rd world currencies like my own native South African Rand are sounding the alarm bells, and to me is an advantage as it encourages some of us to ditch the sinking ship earlier than those on "harder" fiat currencies

https://www.forbes.com/sites/digital-assets/2023/11/17/amid-naira-fx-oscillation-bitcoin-surges-to-all-time-high-in-nigeria/


Wow man, what a game! You guys made quick work of the Indians, never saw them get outplayed like that the entire tournament, what a heart break for their fans

At least one SA can say they won a world cup, Go Labuschagne!


Lol thankfully I don't have normal social media, but when I did, I saw way too much TS for my liking

*this message is brought to you by ricky bobby


I did a break down of it here, I checked out their mainnet, they seem to be the only relay supporting these event types, have yet to see anyone else supporting it or talking about adding it

https://thebitcoinmanual.com/articles/nostr-assets/


I did a break down of it here,
https://thebitcoinmanual.com/articles/nostr-assets/


Lol yeah I also checked out their twatter timeline it goes from little to no engagment to a whole bunch of asian accounts commenting, weird AF


I am not sure what to make of this article, apparently, Nostr Assets, has temporarily suspended its deposit function for the third time this month due to an overwhelming increase in user activity.

I haven't seen much of a surge in nostr use in terms of users or events, so what's going on here? If I look at the nostr assets main net explorer I don't see anything

So what am I missing?

https://www.cryptopolitan.com/nostr-assets-halts-deposits-surgingactivity/


Sweet will definitely hit you up if I get stuck, now we're playing the waiting game


I've been having trouble with my #umbrel node for some time now, spent hours reading through forum posts and trying to SSH into the node to get it to update, eventually I gave up and left my #node offline for months

When I had the strength and time, I tried again to see if it would work but nothing I could find online would help

So I'm officially moving to #StartOS and lets see how this goes, while it has a lot less marketplace apps, its got the ones I want so pretty happy with my switch, lets see how it goes once i'm fully sync'd

https://m.primal.net/HQhY.png


So people fap to this?


Lol Probably, if I win I have 1 Bitcoin, if I don't, I won't need the bitcoin


Lol when ledger anal beads?


Exactly, privacy for who? We'll protect you from our competitors isn't privacy, but people are too lazy to dig into it, they so comfortable with these trade offs even if the products are getting worse


I've seen it many times, people being an expert in one thing and then thinking they can transfer their insights to another thing, humility is in short supply


Good morning Meowitnam!

https://media.tenor.com/nYb_fxFMXDwAAAAC/good-morning.gif


Gotta be relatable even when you can't relate to the average joe


Lol lets block all cookies but our own, so we can have more data than competitors is what they're saying


Lol thank goodness I left Twitter, those people are nuts, even if you did do the homework and wrote over 700 articles, they'll still tell you to prove it

nostr:note1hxwht2k9fg99u58vwys4t0n4ltchul7dqgng6snju5q5x392v83smmn9vc


Working on injecting fresh liquidity


Lol let it wash over you, take your time, and have your coffee


Welcome to the club


Lol how else are you going to fatten them up so you can pinch their fat rolls? this is a long game


Does he have more than 1 song? More power to him for turning it into a lucrative career though


100% I'm with you there, bad bets always get cleared out over a long enough time period, and I am always here for the drama, to pick up cheap sats


Massive game, both teams have been in superb form, but I still think India has the edge, but the Aussies have shown anything can happen on the day.

Really thought we (South Africa) had enough to beat you guys, but I was proven wrong, tight game though, so man i'm so torn


I wonder how big and how sustainable this market becomes, this higher fees change the calcs for miners and might bring in miners who overinvest thinking this will go on into the future or new miners coming online to try and capture some of the action only to see these fees dry up and rek them


The mempool looks like a stuffed cabbage and its showing no signs of slowing down, fees are bumping up slightly and Bitcoin miners are loving it.  The significant surge in transaction fees net miners around $30 million in 10 days.

Who is trading these ordinals? Seriously? Who is buying this stuff and how are they not running out of money?

https://beincrypto.com/bitcoin-ordinals-boosts-miners-earnings/


What was the bs reason for the ban hammer?


This ain't mamas mempool anymore


The most simple protocol always wins


Freshly baked 🤤
#foodstr #foodchain #yumstr #homemade
https://i.nostr.build/WoVk.jpg
https://i.nostr.build/QlWP.jpg
https://i.nostr.build/69x2.jpg


Time to make ethanol and mine Bitcoin


Preaching to the choir here, but you may find this guide helpful if you wish to step up your nostr sovereignty.

https://blog.lopp.net/how-to-exit-x-to-social-network-sovereignty/


Thats one major oef!


Lol one ring to rule them all


The Nostr long-form content mobile app is here for you to test

iOS: https://testflight.apple.com/join/0ImVdAfI
Android: https://play.google.com/store/apps/details?id=com.yakihonne.yakihonne

Feel free to enjoy the experience and report us with feedbacks via DMs or hashtags

#nostr, #yakihonne, #mobile-app, #the-nostr


Lol AI comes for all our jobs, he is just ahead of the curve


Too many of them have been riding their luck, but over a long enough time frame your luck will run out


Yeah no-kyc is great but they are still a tech company hiding behind the DAO label, and no one is really running that infrastructure in any meaningfully distributed way.


Our poor mempool, will have to tell my kids about how I used to get 1sat/vbyte on-chain when I send them funds on the liquid network, kinda annoyed people are funding it, but I look at the silver lining which is adoption of L2s and side chains, we need the push if we are going to onboard the next billion


Bitcoin could use 100% "green" energy and people will still hate it, because they'll claim its energy that should be used for other use case, this green energy movement will never be pleased with Bitcoin

And those that try to mine on unreliables will get creamed over a long enough time frame, so while it makes for good PR, its not a realistic thing to push for


Yeah I am with you, no one is saying you should hodl on liquid, i get a lot of crap from people who are maxis when I talk about liquid but then these same people are using hosted LN wallets lol

I think its an avenue that people can explore, the incentive is there, if you can save on fees, why not? It also makes it easier to consolidate funds and do coin control for your base chain footprint to be a little better

I think that Liquid like LN still needs to get more adoption from exchanges which will happen as ordinals force people to L2s.

As for moving ordinals to liquid, I don't see it, the whole thing is about spamming node block space, that gives the ordinals their perceived premium, maybe some will bridge to liquid who knows?


It's been a few years since the DEFI buzzword popped up and projects like DEXs, bridges, staking services, borrowing services and more launched on different chains, pretending to be open services.

The truth is they are just a bunch of tech companies, the most decentralized DeFi sector is DEXs, where only four projects control 54% of market share. While sectors like liquid stakers control 90% of that sector lol

DEFI is such a joke!

https://protos.com/at-most-four-services-control-the-majority-of-any-defi-sector/


If you're in the  Vancouver, North Vancouver, West Vancouver, Burnaby, New Westminster, or Richmond area, and have some free time you could earn 1 million sats in a bounty program for helping onboard a local business to accept #Bitcoin payments

https://coinos.io/bounties


they never do until they are behind bars


Hulk smash


I'm already calling this one, this is going to be a shitshow, get the fireworks ready along with the i told you so's


Lol easy to pay high interest rates when you making it up as you go along


How he is still allowed to operate and shill scams is beyond me


Lol Okay guys where have we heard this one before? There's a new shitcoin casino called M2 is based out of Abu Dhabi but its incorporated out of the Bahamas, and its currently offering stupid yields of 10% on Bitcoin deposits

On top of that red flag, Kevin O'Leary has already started promoting this casino on social media

Lol have we learned nothing from #FTX, #Celsius and #BlockFi? Clearly we're going to see the same mistakes of the last bull run repeated with a new set of names

https://m.primal.net/HQWP.png


Central banks on their way to inject some much needed liquidity into the market through backdoor programs that are not QE

https://m.primal.net/HQUb.mp4


This is the way, great to see the market for spamvertising evolve, let the sats flow where they may


LOL 100% thanks for all the fish


Bitcoin block propagation is the process of disseminating newly mined blocks to all nodes on the Bitcoin network and we take a look at how the magic happens

https://thebitcoinmanual.com/articles/block-propagation/


Is there a way to see how many possible addresses would be affected and their holdings?

I'm sure people are filling in that form even if they spun up a wallet recently, this story is picking up pace. Its definitely working for them traffic and PR wise, they got over 300 mentions in different articles over this week


A startup named Unciphered is trying to make a name for itself by pushing out research claiming a number of bitcoin wallets were designed with baked-in flaws that leave a backdoor in the code that hackers could easily break open.

If you are a hodler prior to 2012 and you're still using legacy addresses, I mean damn son, why haven't you moved to segwit or taproot?

I don't mind the fud, always a good reminder to check in on your stack and if it shakes a few people out and I can get some cheap sats, even better

https://gizmodo.com/old-bitcoin-wallets-security-flaws-randstorm-unciphered-1851020470


Hope you find a new home here,  I never found traditional social worked for me either, got bored of it pretty quickly


I would like to know too, I think Yaki adding this option would be great, and with recurring zaps you could even do subscriptions


It's a slow grind but I am sure nostr will benefit from bitcoin upcycles flooding people into the ecosystem with a few remaining sticky


Botanix Labs have been working on a new side chain proposal dubbed #Spiderchain, which is an EVM-style Turing complete smart contract blockchain that achieves their consensus using a Proof of Stake mechanism

https://thebitcoinmanual.com/blockchain/spiderchains/


I think you can have KYC without PII you don't need to have the identity of the person to provide personalised services, all the data collected via your service or platform can be attributed to a nym

KYC as it stands today is just a way to keep track of what people are doing with their money and as we move to more programmable money, this data can be used to funnel people into certain directions and purchases


Agreed, and I have more control over my feed, so if I see rubbish I only have myself to blame lol 😄


Glad to see you join the crew, I gave up on X, my feed was unsuable, so happy to see you on here 😉


Yet another example of why KYC is a danger to you and can come back to bite people long after they used a service. Recently a group of hackers claim to have stolen 70,000 customer photos and the private information of 300,000 clients of Coin Cloud, a recently bankrupt Bitcoin ATM provider.

Now this could be used to access accounts with other service providers, create accounts to be used for money laundering and sold to groups, or it can be used to target users they know have bitcoin and try to run scams on these people.

https://protos.com/client-selfies-and-data-stolen-from-bankrupt-bitcoin-atm-firm-hackers-claim/


Lol not all NIPs are ones the market wants


Rootstock (RSK) is a Bitcoin side-chain protocol built to bring Turing complete smart contracts to the Bitcoin network. The chain is secured through Bitcoin miners who participate in merge mining

https://thebitcoinmanual.com/blockchain/rootstock/


He’s so cool https://image.nostr.build/2fc4cdd0f488ad306b62bb8f5dac24089d4521a8f8744e17f62e91ba1351c901.jpg


Amidst what's going on lately, I thought it might be a good time to remind everyone that nostr:npub155m2k8ml8sqn8w4dhh689vdv0t2twa8dgvkpnzfggxf4wfughjsq2cdcvg supports both PayJoin and CoinJoin.

So if you're running a BTCPay instance, you can:

1. Withdraw Bitcoin from exchanges with PayJoin, obscuring the amount to outside observers.
2. Auto-initiate CoinJoin when certain conditions are met (desired Bitcoin amount and fee market).

Bonus: You can easily run your own coordinator, mixing your Bitcoin without using mainstream services and coordinators.

This could be a great asset for local communities with regular Bitcoin flows (e.g., DCA of members) to boost privacy collectively.

The best part? It takes about 20 minutes to set up. I'm considering creating a video guide - would you watch it if I did?

https://m.primal.net/HPxP.png

https://m.primal.net/HPxQ.png

https://m.primal.net/HPxR.png


Enigma Network is a proposed “Settlement Layer” between Bitcoin’s base blockchain and its secondary layers. While not a layer in the traditional sense, it does provide improved throughput and support for other scaling solutions

https://thebitcoinmanual.com/blockchain/enigma/


I can hardly understand this note but I’m excited if you are! nostr:note1y43de0tmeudcqrpm3m7k437znw877nttqa4y99ap48y955lcqcrqmfqlz5


Show me a person who believes the problem can be solved with more manipulation of money, and I’ll you a person who doesn’t understand the root of the problem or money.

#Bitcoin
#Nostr


I'm with you, while self custody eliminates your 3rd party risk, it puts a lot of emphasis on your technical ability to secure your funds and protect it from both online and offline threats, guarding a growing pot of wealth only ups the stakes over time


I am not sure if this is true or not, but if it is man is this one sad story, collecting coins since 2012 and having several boating accidents worth only to see it all gone 11 years later must be heart breaking

As Bitcoin's value grows your stack will come under threat and you need to take better care of it, don't always rely on your current security and learn to improve your storage

Having a passphrase is great, but is pointless if you store it with your seedphrase in an online key storage service.

Having hardware wallets can help, but storing all your coins on one seed phrase isn't good management in my opinion.

Spread your risk around, have different storage methods and check your setup regularly

https://m.primal.net/HPvM.png


Just a reminder to not get distracted with Bitcoin price action and to focus on securing your funds, looks like we have another exchange that has been hit with a multi-million dollar hack

And you don't want to end up being one of the bag holders

https://www.theblock.co/post/262563/justin-suns-crypto-exchange-poloniex-seemingly-hit-by-60-million-hack


Bitcoin rollups are a type of Layer 2 scaling solution designed to increase the scalability of the network by offloading transactions and periodically batching the updated state with the main chain

https://thebitcoinmanual.com/blockchain/rollups/


I am with you, I also didn't keep my mouth shut in the begining, but since then I've cleaned up my act and improved my opsec, while I will be a pain to rob, If someone is motivated to cause me harm not much I can do about that, and in South Africa, its more of a when, than an If, kidnappings are on the rise and making sure you're not a target is an everyday struggle.

My only saving grace are fiat people who flaunt their wealth making themselves easy targets


Looks like the Zuck wants to follow Elon and the Goog in offering an ad free version of their product as long as you pay them ever month.

How about no?

Why can't they just learn to monetise with zaps and let me pay for what I use instead of trying to suck money out of peoples accounts every month?

At what point do people who want to use several social apps give up after running, 2, 3 or 4 subscriptions at a time?

If they are subscribing to platforms, they're less likley to subscribe to creators or tip them since they're already paying for a service. As tradsocial media gets shittier and you have to pay for it, nostr and zaps just keep looking like a bargain

https://m.primal.net/HPkF.jpg

https://about.fb.com/news/2023/10/facebook-and-instagram-to-offer-subscription-for-no-ads-in-europe/


Still gonna need to keep your mouth shut about your sats too


I'm done explaining, do what you want and don't blame me for what happens next

https://m.primal.net/HPkE.jpg


I hate to see stories like this, but its an unfortunate reality, those who see their wealth increase with #Bitcoin will come under attack. While we often preach self custody to protect yourself from 3rd parties, when you take self custody you have to ensure that in-person attacks are part of your security plan

People who didn't do the work, and didn't work for that wealth will covert it and want to take it from you, make sure you store your keys somewhere safe and keep your Bitcoin stash a secret as far as possible

https://cointelegraph.com/news/swedish-bitcoiners-targeted-by-armed-criminals


Surfchains are a proposed scaling solution that uses covenants to create a type of sidechain that requires a “Sponsor” to put up Bitcoin to seed the network with liquidity and have an economic incentive not to act maliciously.

https://thebitcoinmanual.com/blockchain/surfchains/


Looking to meet with local #Bitcoiners? Find out if you have a meetup in your area, or start one of your very own

https://thebitcoinmanual.com/btc-culture/btc-meetups-2/


Welcome to the club, 😉 please feel free to bring your friends


Looks like customers in the UK won't be able to use their exchange accounts as software wallets anymore, I know this is quite popular with novice users who don't want to deal with private keys, but now you're starting to see what you signed up for.

When interacting with the wider bitcoin network you will need to provide additional information and if not transactions will be blocked.

The decision was made in response to new regulations that require virtual asset service providers (VASPs), like exchanges, to share information about the sender and the receiver on both ends of a transaction.

To me this is a good thing, it shows why self-custody is so much better and why non-KYC bitcoin is so important. If you have to use Bitcoin based on someone else's rules, its not your Bitcoin and its not Bitcoin


Indeed, lol all I can do is warn and watch, its going to be painful


Ledger be like, we've listened to our customers and all they really want is to pay us monthly for holding their funds, like a bank, but we're not a bank

https://void.cat/d/E8FNsN3muMK5daqPDM6wh9.webp


🚀 #Bitcoin payments.... ANYWHERE?

Get paid or pay for stuff across all web platforms! With our latest collaboration with #ZapriteApp it comes with such an ease. 🤝✨

#Zaprite is a suite of tools to make running any business on a bitcoin breeze. It allows anyone to seamlessly accept payments in bitcoin and fiat in one integrated platform, whether you're issuing invoices or selling goods or service online.

https://image.nostr.build/a6928682d3f71ce9c87cd690ad2fc317e7e86ffa7927b369b70e9d430be325a7.jpg

🔗 Now anyone can start accepting bitcoin transactions in no time, with two clicks. Whether you run an online store or simply need to generate payment link with lightning method enabled. Upgrade your Checkout experience, customize invoices and payment links to use Alby for lightning-fast payments. ⚡💸

For a quick guide on connecting your account to Zaprite, read our blog: https://blog.getalby.com/get-paid-in-bitcoin-as-a-business-with-zaprite-and-alby/

#LightningNetwork #BitcoinAdoption #Zaprite


It's been doom and gloom for crypto companies for some time, they've been folding, sacking staff, going into administration or straight shutting down, but it's not the case for all of those in the space.

Block, the hodling company behind Cash App and Square stated that Bitcoin revenue accounted for approximately 43% of the $5.6 billion in revenue.

What’s even more incredible is the $44 million profit from its Bitcoin holdings, riding the surge in Bitcoin’s price.

Who says you can't build a business with only Bitcoin?

https://coinpedia.org/news/paypals-pyusd-stablecoin-faces-sec-scrutiny-cryptocurrency-community-reacts/


Mutli-sig has it's place for sure, but it's not a perfect solve for every pleb who wants to self custody, if you're wondering about what the pros and cons are of moving from your single sig, this is a great summary

https://www.youtube.com/watch?v=sjS5qF65Yos


LOL 100% you are the problem for wanting access to the money you put into their bank, how people can still look at this and think this is a reasonable trade off for their wealth is beyond me, and many will need to get burned, just like those who left their bitcoin with exchanges

Its a lesson that is doomed to be repeated with greater and greater losses before people see how valuable bitcoin in self custody is


Thanks I will add them to the list shortly


Just when we thought things were quiet in the Alps, with the failure of Credit Suisse papered over with an acquisition, something at UBS doesn't seem right, with them and regulators talking about new measures to prevent bank runs

Bond portfolios are rekt and liquidity isn't exactly flowing of late, so large withdrawals or multiple withdrawals will be hard to meet. If you're worried about your bank not honouring your deposits, you might want to consider getting some insurance, some decentralised money perhaps?

https://www.reuters.com/markets/europe/swiss-authorities-banks-mull-new-rules-prevent-bank-runs-sources-2023-11-02/


Do you like hanging around #Bitcoiners or want to network with them? Here's where they often hang out each year

https://thebitcoinmanual.com/btc-culture/conferences/


This is the way, make a tutorial, people find it valuable, you get 500k sats

nostr:note1nxuncjjfvw7anqathrjvr7vn8j9wcvt5pvgand2sjvqtl5w872eq2s7f0y


Lol I feel you I've been feeling like that for some time, and I randomly got logged out this week and never bothered to login again and its been great


I'm counting on it being complete mayhem


Lol been pretty quiet, best you come back for the bitcoin bull run im sure this place will be popping


If you're not a fan of Google maps and you're looking for an alternative then check out Yondar, its a nostr based mapping tool 😉

https://go.yondar.me/


Bitcoin nodes are constantly watching out for blocks that might have a kink in the chain and ensure that they get kicked out

https://thebitcoinmanual.com/articles/invalid-block/


When #Bitcoin is not boiling the oceans it's also encouraging miners to bring on new energy sources that happen to fit the green agenda and they're getting mining pools to match

https://thebitcoinmanual.com/articles/green-mining-pools/


Want to curate your nostr experience and bring a little order to your feeds, then check out listr 😉

https://listr.lol/


It’s true and there’s even a chart.
https://nostr.build/i/2334.png nostr:note1juznzajclcq7p2pf7md5p6drvy823xpjed7a56lztfr093a8ce2sxudrnf


Expensive lessons will have to be learned, laziness and convenience comes at a cost


If a block is mined on a fork of the blockchain that is not eventually the longest chain, it will also become orphaned as it fails to have a parent block

https://thebitcoinmanual.com/articles/orphan-block/