When platforms start to fall, protocols will remain. you can’t arrest email, http, or nostr and matrix.org
nostr / matrix has no CEO.
Jack Dorsey
X, telegram, rumble, *can’t* have free speech in a world where governments can compel to censor by threat of imprisonment.
htthttps://m.primal.net/LHQF.mp4
--------
Wenn Plattformen zu fallen beginnen, werden Protokolle bestehen bleiben. Sie können E-Mail, HTTP oder Nostr und Matrix.org nicht verhaften.
Nostr/Matrix hat keinen CEO.
X, Telegram, Rumble, *können* keine freie Meinungsäußerung in einer Welt haben, in der Regierungen durch Androhung von Gefängnisstrafen zur Zensur zwingen können.
# ÖLAND HARVEST FESTIVAL - Saturday Bitcoin Meetup and Pool Party:
Agenda
14:00-14:30 Introduction incl. Q&A - (ME):
Bitcoin and money laundering (AML/KYC facts and figures + Bitcoin basics)
—- 15 Min. Coffee break —-
14:45-15:30 Lightning Workshop 'Who is Uncle Jim?' incl. Q&A: (MP)
- Get a lightning wallet for fast and easy payments wherever you go without being forced to be watched by anybody
- Connect your wallet, use Bitcoin & Nostr for censorship-resistant chat and global value-for-value publishing (get Sats for sharing)
- Join and be part of our global decentralized village infrastructure (community nodes and relays)
15:30-16:00 MX12art: Augmented reality walk-around
—- 15 Min. Coffee break —-
16:15-16:45 Bitcoin Mining incl. Q&A (RH)
Introduction, Solo/ Crowd mining, heat & mine
16:45-17:15 Presentation "Nostr as a tool for improved human cooperation" - (ME)
17:15 Closing & Wrap up (ME)
17:30 - 21:00 Bitcoin Pool Party & BBQ
Hangout with MX12art, beers and barbecue around the pool!
https://flockstr.s3.amazonaws.com/event/PsESULkzmKCbgaf9-CxPN
The intersection of AI with the ocean of mass surveillance data that's been building up over the past two decades is going to put truly terrible powers in the hands of an unaccountable few.
https://fixupx.com/Snowden/status/1801792686724182242
The Bushido of Bitcoin
Svetski
@SvetskiWrites
"🚨WATCH THIS. SOUND ON🔉
2yrs, 7 drafts & 125,000 words later, The Bushido of Bitcoin is finally available for pre-order.
Writing this book has been a journey, and the process literally transformed my understanding of the world.
This is NOT another history of money or economic justification for Bitcoin. Been there, done that.
This is a book about virtue, excellence, culture and behaviour, which asks the harder questions:
What becomes of those who rise to the top, in the new socio-economic paradigm?
Will they become:
--> A new kind of parasite?
--> Another bunch of degenerate?
Or
--> Men & women of virtue.
It’s not enough to just say “Bitcoin Fixes This.”
We must do something about it."
https://fixupx.com/i/status/1801673002993504258
T-Mobile Deutsche Telekom are running Bitcoin nodes, Lightning nodes and will start mining #bitcoin
WHAT A TIME TO BE ALIVE.
Speaking at BTC Prague, Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, said:
“Since 2023, we are running a Bitcoin node, and we are running Bitcoin Lightning nodes as well [...] I like to let you in on a little secret we will engage in digital monetary photosynthesis soon.”
Former Cointelegraph contributor Joseph Hall asked Röder if he could elaborate on the meaning of “digital monetary photosynthesis,” and "So is T-Mobile mining Bitcoin?!"
“We will.”
Source
https://fixupx.com/BTCGandalf/status/1801760846366052791
Great! - just summarized ...
- 💳 The TPOS extension, first contributed to LM bits by Tal three to four years ago, has evolved significantly over time.
- 💻 It serves as a software point of sale, usable on computers, phones, and Android point of sale devices.
- 🛍️ Merchants can accept payments for products or services using TPOS, facilitating Bitcoin transactions.
- 📱 The extension supports NFC-enabled payments, including Tap and Pay with a built-in card reader.
- 📊 TPOS includes features for tips, allowing users to designate a specific tip wallet and set default tip values.
- 🏧 An ATM feature enables merchants to sell SATs to customers for a premium, with customizable settings for security.
- 💰 Tax settings allow for the addition of items to the point of sale with granular tax control.
- 🧾 Transactions can be exported for accounting purposes, including JSON format for printing receipts via a thermal printer.
- 🔄 Integration with the Bolts extension enables automatic LN to on-chain swaps, facilitating secure fund management.
- 🎉 TPOS, along with other LM bits extensions, offers a comprehensive solution for Bitcoin acceptance and management.
Great. Thx for sharing.
Could you recommend and share your running configuration for this? Looking for the most simple an robust full docker stack for lnbits, phoenix and maybe tipbot ...
Hear, Hear
Harari is really more and more the devils advocat. I am sure that he his fully aware that bank are the destroyers of trust and not Bitcoin. Bitcoin is trustless but not a currency of distrust as Harari is framing it. He is using very primitive rethorics to redirect the founded distrust against banks and corrupted institutions to Bitcoin. As Martin stated in quite well banks cannot build trust and they never earned it.
All the World's Txns
03 May 2024
Summary
"The Bitcoin Endgame – 6.4 trillion txns per year (in 2022), $0.10 fee each, earning miners $640 Billion per year. Each of these figures growing at 6.2% per year. Almost all of it on L2 sidechains. L2s which do not pay miners, are dead projects."
Paul Sztorc
https://www.truthcoin.info/blog/all-world-txns/
Read_760 - Drivechain's Place in Bitcoin's Future
25 Aug • 51m
https://fountain.fm/episode/lUicYDWAJvK7IS2mVjhf
"To not die, Bitcoin must become more used. The current thesis accepted by most “maximalists” is that Bitcoin will continue to be thought of as an investment and its price will keep increasing, the price movements will bring more attention to it in a virtuous cycle. Eventually enough people will want to hold it so they will start accepting it as a payment for goods and services and then it can start to be used as money."
Today we dive into Fiatjaf's contribution to the sidechains, drivechains and scaling bitcoin to billions series as a follow up to James Obeirne's piece. Bitcoin can still fail, but what would make bitcoin fail and how can we avoid it? Is there a solution we've been sitting on untapped? Could drivechains prevent the undesirable future where the whole world simply ends up trusting custodians? Let's explore in today's episode.
Check out the original article at:
The place of Drivechain in Bitcoin’s future – Fiatjaf
If you haven't been following this article series, then don't forget to check out last few reads for context at the links below:
James OB - Anthony towns - Blockstream - Drivechains
# Lightning Network -- Fundamental Limitations
04 Apr 2022
Summary
- Channel-open transactions must be broadcast on L1, but there is simply not enough L1-space.
- “Factories” can onboard more users per L1 txn. Unfortunately, they can be sabotaged for free. CoinPool has the same problem (when it comes to LN-onboarding). The limitation is fundamental.
- There are scenarios where LN-users consume _more_ bytes than L1 “onchain” users. These are interesting, especially when it comes to use of HTLCs.
The “conventional layer2 strategy” (of: “Core + LN + nothing else”) is almost certainly not viable. But a modified strategy, of “Core + Largeblock Sidechain + LN” is viable.
https://www.truthcoin.info/blog/lightning-limitations/
"The time to ramp up adoption of this new technology was 2013-2016, but that moment was squeezed in two directions: the deliberate throttling of the ability of the technology to scale and the push of new payment systems to crowd out the use case. As this book demonstrates, by late 2013, Bitcoin had already been targeted for capture. By the time Bitcoin Cash came to the rescue, the network had changed its entire focus from use to holding what we have and building second-layer technologies to deal with the scaling issues. Here we are in 2024 with an industry struggling to find its way within a niche while the dreams of a “to-the-moon” price are fading into memory."
Nice opinion paper but it lacks the obvious facts and understanding of the design and vision of Bitcoin. There is choice and competition. Bitcoin Cash is so far not performing well and Bitcoin is solving it´s scaling issues with better second layer technology without sacrifice on security and decentralisation.
Bitcoin: Wenn Banken und Regierungen das Geld nicht mehr kontrollieren - YouTube
https://m.youtube.com/watch?v=4CvjZ1p7uy8
Dokumentarfilm über die Kryptowährung Bitcoin. Was ist Bitcoin? Mit der Einführung von Bitcoin, der weltweit führenden digitalen Währung, wird Geld zum ersten Mal in der Geschichte nicht mehr von Banken oder Regierungen kontrolliert, sondern von den Menschen, die es nutzen.
Bitcoin: Wenn Banken und Regierungen das Geld nicht mehr kontrollierenBitcoin: Die potenzielle Störung des traditionellen Bankwesens und der staatlichen Kontrolle über Geld
0:00 💰 Das Internet hat das Potenzial, die Rolle der Regierung durch die Entwicklung von zuverlässigem E-Cash wie Bitcoin zu reduzieren.
4:09 💰 Das Video diskutiert den Übergang vom goldgedeckten Währungssystem zum aktuellen Fiat-Währungssystem und stellt Bitcoin als digitales Währungs- und Zahlungssystem vor.
8:09 💰 Bitcoin ist eine einzigartige digitale Währung, die nicht aus dem Nichts geschaffen werden kann und deren Wert sich aus der produktiven Kapazität der Entwickler und ihrer Uneinziehbarkeit ergibt.
11:51 💰 Bitcoin ist eine dezentralisierte digitale Währung, die Peer-to-Peer-Transaktionen ermöglicht, wodurch die Notwendigkeit von Vermittlern entfällt und Einzelpersonen die Kontrolle über ihr Geld erhalten.
15:39 ! Die Preisvolatilität von Bitcoin und sein Potenzial als globale Währung werden diskutiert.
19:41 💡 Blockchain und Bitcoin haben das Potenzial, verschiedene Aspekte der Gesellschaft zu revolutionieren, darunter Regierungsfunktionen, Eigentum an Vermögenswerten und finanzielle Inklusion.
23:39 💰 Bitcoin hat das Potenzial, Zahlungssysteme zu revolutionieren, den Zugang zu Produkten und Dienstleistungen zu verbessern und Währungssouveränität außerhalb der staatlichen Kontrolle zu gewährleisten.
28:39 💰 Der Aufstieg von Kryptowährungen und der Blockchain-Technologie könnte möglicherweise das traditionelle Bankensystem stören und zu einer bargeldlosen Gesellschaft führen, es bestehen jedoch Bedenken hinsichtlich der Zentralisierung und des Verlusts der Privatsphäre.
31:33 💰 Der Zweck einer Blockchain besteht darin, einer zentralen Partei die Kontrolle zu entziehen und dem Markt die Wahl zu geben, welche Art von Geld er verwenden möchte.
Regie: Tim Delmastro
Andreas Antonopoulos explaining Bitcoin and money 🎙It is one of the best speeches you will ever hear - YouTube
https://m.youtube.com/watch?v=Vfq7LNDCdNQ
Watch Andreas Antonopoulos explain Bitcoin and money 🎙
It is one of the best speeches you will ever hear.
“The goal is to use Israel to wash money out of the US and European taxpayers through Israel and back into the hands of of a transnational elite (BlackRock)…
The goal is an endless war, not a successful war”…
https://twitter.com/i/status/1779374776211190014
The speech that I could not deliver because German police burst into our Berlin venue to disband our Palestine Congress (1930s style). Judge for yourselves the kind of society Germany is becoming when its police bans the following words:
Friends,
Congratulations, and heartfelt thanks, for being here, despite the threats, despite the ironclad police outside this venue, despite the panoply of the German press, despite the German state, despite the German political system that demonises you for being here.
“Why a Palestinian Congress, Mr Varoufakis?”, a German journalist asked me recently? Because, as Hanan Asrawi once said: “We cannot rely on the silenced to tell us about their suffering.”
Today, Asrawi’s reason has grown depressingly stronger: Because we cannot rely on the silenced who are also massacred and starved to tell us about the massacres and the starvation.
But there is another reason too: Because a proud, a decent people, the people of Germany, are led down a perilous road to a heartless society by being made to associate themselves with another genocide carried out in their name, with their complicity.
I am neither Jewish nor Palestinian. But I am incredibly proud to be here amongst Jews and Palestinians – to blend my voice for Peace and Universal Human Rights with Jewish Voices for Peace and Universal Human Rights – with Palestinian Voices for Peace and Universal Human Rights. Being together, here, today, is proof that Coexistence is Not Only Possible – but that it is here! Already.
“Why not a Jewish Congress, Mr Varoufakis?”, the same German journalist asked me, imagining that he was being smart. I welcomed his question.
For if a single Jew is threatened, anywhere, just because she or he is Jewish, I shall wear the star of David on my lapel and offer my solidarity - whatever the cost, whatever it takes.
So, let’s be clear: If Jews were under attack, anywhere in the world, I would be the first to canvass for a Jewish Congress in which to register our solidarity.
Similarly, when Palestinians are massacred because they are Palestinians – under a dogma that to be dead they must have been Hamas – I shall wear my keffiyeh and offer my solidarity whatever the cost, whatever it takes.
Universal Human Rights are either universal or they mean nothing.
With this in mind, I answered the German journalist’s question with a few of my own:
· Are 2 million Israeli Jews, who were thrown out of their homes and into an open air prison 80 years ago, still being kept in that open air prison, without access to the outside world, with minimal food and water, no chance of a normal life, of travelling anywhere, and bombed periodically for 80 years? No.
· Are Israeli Jews being starved intentionally by an army of occupation, their children writhing on the floor, screaming from hunger? No.
· Are there thousands of Jewish injured children no surviving parents crawling through the rubble of what used to be their homes? No.
· Are Israeli Jews being bombed by the world’s most sophisticated planes and bombs today? No.
· Are Israeli Jews experiencing complete ecocide of what little land they can still call their own, not one tree left under which to seek shade or whose fruit to taste? No.
· Are Israeli Jewish children killed by snipers today at the orders of a member-state of the UN? No.
· Are Israeli Jews driven out of their homes by armed gangs today? No.
· Is Israel fighting for its existence today? No.
If the answer to any of these questions was yes, I would be participating in a Jewish Solidarity Congress today.
Friends,
Today, we would have loved to have a decent, democratic, mutually-respectful debate on how to bring Peace and Universal Human Rights for everyone, Jews and Palestinians, Bedouins and Christians, from the Jordan River to the Mediterranean Sea with people who think differently to us.
Sadly, the whole of the German political system has decided not to allow this. In a joint statement including not just the CDU-CSU or the FDP but also the SPD, the Greens and, remarkably, two leaders of Die Linke, joined forces to ensure that such a civilised debate, in which we may disagree agreeably, never takes place in Germany.
I say to them: You want to silence us. To ban us. To demonise us. To accuse us. You, therefore, leave us with no choice but to meet your accusations with our accusations. You chose this. Not us.
· You accuse us of anti-Semitic hatred
o We accuse you of being the antisemite’s best friend by equating the right of Israel to commit war crimes with the right of Israeli Jews to defend themselves.
· You accuse us of supporting terrorism
o We accuse you of equating legitimate resistance to an Apartheid State with atrocities against civilians which I have always and will always condemn, whomever commits them – Palestinians, Jewish Settlers, my own family, whomever.
o We accuse you of not recognising the duty of the people of Gaza to tear down the Wall of the open prison they have been encased in for 80 years – and of equating this act of tearing down the Wall of Shame – which is no more defensible than the Berlin Wall was – with acts of terror.
· You accuse us of trivialising Hamas’ October 7th terror
o We accuse you of trivialising the 80 years of Israel’s ethnic cleansing of Palestinians and the erection of an ironclad Apartheid system across Israel-Palestine.
o We accuse you of trivialising Netanyahu’s long-term support of Hamas as a means of destroying the 2-State Solution that you claim to favour.
o We accuse you of trivialising the unprecedented terror unleashed by the Israeli army on the people of Gaza, W. Bank and E. Jerusalem.
· You accuse the organisers of today’s Congress that we are, and I quote, “not interested in talking about possibilities for peaceful coexistence in the Middle East against the background of the war in Gaza”. Are you serious? Have you lost your mind?
o We accuse you of supporting a German state that is, after the United States, the largest supplier of the weapons that the Netanyahu government uses to massacre Palestinians as part of a Grand Plan to make a 2-State solution, and peaceful coexistence between Jews and Palestinians, impossible.
o We accuse you of never answering the pertinent question that every German must answer: How much Palestinian blood must flow before your, justified, guilt over the Holocaust is washed away?
So, let’ s be clear: We are here, in Berlin, with our Palestinian Congress because, unlike the German political system and the German media, we condemn genocide and war crimes regardless of who is perpetrating them. Because we oppose Apartheid in the land of Israel-Palestine no matter who has the upper hand – just as we opposed Apartheid in the American South or in South Africa. Because we stand for universal human rights, freedom and equality among Jews, Palestinians, Bedouins and Christians in the Ancient Land of Palestine.
And so that we are even clearer on the questions, legitimate and malignant, that we must always be ready to answer:
Do I condemn Hamas’ atrocities?
I condemn every single atrocity, whomever is the perpetrator or the victim. What I do notcondemn is armed resistance to an Apartheid system designed as part of a slow-burning, but inexorable, ethnic cleansing program. Put differently, I condemn every attack on civilians while, at the same time, I celebrate anyone who risks their life to TEAR DOWN THE WALL.
Is Israel not engaged in a war for its very existence?
No, it is not. Israel is a nuclear-armed state with perhaps the most technologically advanced army in the world and the panoply of the US military machine having its back. There is no symmetry with Hamas, a group which can cause serious damage to Israelis but which has no capacity whatsoever to defeat Israel’s military, or even to prevent Israel from continuing to implement the slow genocide of Palestinians under the system of Apartheid that has been erected with long-standing US and EU support.
Are Israelis not justified to fear that Hamas wants to exterminate them?
Of course they are! Jews have suffered a Holocaust that was preceded with pogroms and a deep-seated antisemitism permeating Europe and the Americas for centuries. It is only natural that Israelis live in fear of a new pogrom if the Israeli army folds. However, by imposing Apartheid on their neighbours, by treating them like sub-humans, the Israeli state is stoking the fires of antisemitism, is strengthening Palestinians and Israelis who just want to annihilate each other and, in the end, contributes to the awful insecurity consuming Jews in Israel and the Diaspora. Apartheid against the Palestinians is the Israelis’ worst self-defence.
What about antisemitism?
It is always a clear and present danger. And it must be eradicated, especially amongst the ranks of the Global Left and the Palestinians fighting for Palestinian civil liberties –around the world.
Why don’t Palestinians pursue their objectives by peaceful means?
They did. The PLO recognised Israel and renounced armed struggle. And what did they get for it? Absolute humiliation and systematic ethnic cleansing. That is what nurtured Hamas and elevated it the eyes of many Palestinians as the only alternative to a slow genocide under Israel’s Apartheid.
What should be done now? What might bring Peace to Israel-Palestine?
· An immediate ceasefire.
· The release of all hostages: Hamas’ and the thousands held by Israel.
· A Peace Process, under the UN, supported by a commitment by the International Community to end Apartheid and to safeguard Equal Civil Liberties for All.
· As for what must replace Apartheid, it is up to Israelis and Palestinians to decide between the 2-state solution and the solution of a Single Federal Secular State.
Friends,
We are here because vengeance is a lazy form of grief.
We are here to promote not vengeance but Peace and Coexistence across Israel-Palestine.
We are here to tell German democrats, including our former comrades of Die Linke, that they have covered themselves in shame long enough – that two wrongs do not one right make – that allowing Israel to get away with war crimes is not going to ameliorate the legacy of Germany’s crimes against the Jewish People.
Beyond today’s Congress, we have a duty, in Germany, to change the conversation. We have a duty to persuade the vast majority of decent Germans out there that universal human rights is what matters. That Never Again means Never Again. For anyone, Jew, Palestinian, Ukrainian, Russian, Yemeni, Sudanese, Rwandan – for everyone, everywhere.
In this context, I am pleased to announce that DiEM25’s German political party MERA25 will be on the ballot paper in the European Parliament election this coming June – seeking the vote of German humanists who crave a Member of European Parliament representing Germany and calling out the EU’s complicity in genocide – a complicity that is Europe’s greatest gift to the antisemites in Europe and beyond.
I salute you all and suggest we never forget that none of us are free if one of us is in chains.
https://twitter.com/yanisvaroufakis/status/1778823877646278790
Europe is home to the
✅highest number of #Bitcoin & #Ethereum nodes
✅largest absolute number & relative share of on-chain activity
✅the most comprehensive crypto-regulation globally (MiCA)
✅two thirds of global industry jobs
✅50% of venture funded crypto projects globally
✅favorable tax regimes
✅tied with the US, the largest share of blockchain developers (29% each)
✅strong values of digital/data sovereignty and decentralization
For once, Europe actually has the chance to lead a major innovation and revive its declining economy. We should better seize this chance!
https://x.com/paddi_hansen/status/1675439201347616768
"Let‘s talk about @ambosstech
‘s new product „Reflex“ and why you should close all channels to Amboss immediately.
Reflex is a product bringing OFAC compliance to LN Nodes, yet the product is advertised as increasing „Freedom“ for node runners - and freedom, according to Amboss, apparently means compliance with some of the most unjust, racist regulations existing in the world today.
OFAC enforces trade sanctions based on US foreign policy and national security interests. These include financially interacting with *any* individuals from countries such as Russia, Iran, Cuba, Venezuela, or Syria.
OFAC discriminates, based on country of birth, residency, and citizenship, against some of the most vulnerable people around the world. For years, particularly people of middle eastern descent have been subject to no-notice account freezes and account closures, if they are even able to open a bank account at all - all thanks to OFAC."
...
"If you believe for bitcoin to be freedom money, and want it to remain an important tool for human rights, close all channels to amboss nodes and stop using their services immediately."
Source
https://x.com/L0laL33tz/status/1775859917900939772
BTCPay Server 1.13.0 - Easy user onboarding, admin store view, new store roles & keypad item mode
Posted in Releases by Pavlenex on 3/28/2024
#bitcoin #payment #btcpay
https://blog.btcpayserver.org/btcpay-server-1-13-0/
Fedimint v0.3.0: Improved Version Compatibility, New Features & Fixes
Fedimint is a module based system for building federated applications. It is meant to be a trust-minimized, censorship-resistant, and private alternative to centralized applications. It ships with hips with 3 default modules: Bitcoin, Lightning, and Chaumian Ecash.
#fedimint
https://www.nobsbitcoin.com/fedimint-v0-3-0/
We should not just import the old stuff, let´s start fresh and different ...
nostr:naddr1qqd4wefdvdskut2zw46z6umgda6kcepdwajj6wp389krvuczyrafsj7hmweg9ur7zmn6apajdg48hxuskujx53rhrux0ttjcqx84yqcyqqq823c7q5n7c
https:://highlighter.com/f7z.io/We-can-But-should-we-819l6s
Great insights in being valuable and get real impact - bravo!
nostr:naddr1qqc4g6r9942kuun9v9ek7mnpvfkx2t29venx2cm5d9mx2mn9wdej6mmx94gxzcnvdar85dedxfcxs7nfv5pzpkg3j83suqzyfw2zcr5zet28pve279chvnpzwklwp0vexal06sr4qvzqqqr4guxfr5yt
https:://highlighter.com/gsovereignty@nostrovia.org/The-Unreasonable-Effectiveness-of-PabloFz7-2phzie
“Computer technology is on the verge of providing the ability for individuals and groups to communicate and interact with each other in a totally anonymous manner. Two persons may exchange messages, conduct business, and negotiate electronic contracts without ever knowing the True Name, or legal identity, of the other. Interactions over networks will be untraceable, via extensive re-routing of encrypted packets and tamper-proof boxes which implement cryptographic protocols with nearly perfect assurance against any tampering. Reputations will be of central importance, far more important in dealings than even the credit ratings of today. These developments will alter completely the nature of government regulation, the ability to tax and control economic interactions, the ability to keep information secret, and will even alter the nature of trust and reputation.”
–Tim May, the Cryptoanarchist Manifesto
Neue Studie zeigt: Bitcoin verbraucht 56x weniger Strom als traditionelles Finanzwesen! - Blocktrainer
https://www.blocktrainer.de/studie-bitcoin-finanzwesen-vergleich/
Am 11.06.22
Der libanesisch-stämmige und mittlerweile in Frankreich lebende Wissenschaftler Michel Khazzaka nahm sich dies zum Anlass, um den Energieverbrauch des Bitcoin-Netzwerks mit möglichst akkuraten wissenschaftlichen Methoden zu untersuchen und mit dem globalen Fiat-Finanzsystem zu vergleichen. Khazzaka selbst arbeitet seit mehr als 17 Jahren als Informatik-Ingenieur und leitete verschiedene Arbeitsgruppen im Bereich des Zahlungs- und Interbankenverkehrs. Er war außerdem als Dozent an verschiedenen Universitäten auf fünf Kontinenten aktiv.
In seinem 27-seitigen Paper Bitcoin: Cryptopayments Energy Efficiency stellt er auf einem wissenschaftlichen Ansatz und auf „Physik, Informatik und Ökonomie basierend“ dar, dass das Bitcoin-Netzwerk 56-mal weniger Energie verbraucht, als das klassische Bankensystem und dabei sogar doppelt bis fünffach so energieeffizient ist.
...
„Bei seiner derzeitigen Kapazität kann Bitcoin PoW 412-mal mehr Energie pro Transaktion verbrauchen als das elektronische System und dabei die gleiche Arbeit 413 Mal schneller erledigen, mit einer durchschnittlichen Blockbestätigungszeit von 418,44 Sekunden (~7 Minuten/Block). Bei einer Blockrate von 10 Minuten ist Bitcoin PoW immerhin noch 288-mal schneller.
Daraus können wir schließen, dass die PoW Basis-Ebene von Bitcoin heute ηBitcoin ≈ 1,2-mal energieeffizienter ist als das elektronische System auf der Transaktionsebene.“
– Michel Khazzaka
...
Bitcoin-Lightning-Transaktion im Durchschnitt 345.000-mal schneller ist als das klassische System und 14-mal schneller als eine Instant-Payment-Transaktionen„, heißt es in der Studie. Dies führt in Anbetracht der anderen Faktoren zu einer Effizienzsteigerung im Millionenbereich.
Zusammenfassend lässt sich sagen, dass Lightning auf der Ebene einer einzelnen Transaktion Bitcoin 194 Milionen Mal energieeffizienter macht als eine klassische Zahlung und bis zu 1 Million Mal energieeffizienter als eine Instant Payment Transaktion. Wir können beobachten, dass das klassische System überoptimiert ist, um weniger Energie pro Transaktion zu verbrauchen und um Billionen von Transaktionen pro Jahr in relativ langsamer Geschwindigkeit zwischen 2 und 7 Tagen abzuschließen. Diese Überoptimierung und Spezialisierung führt dazu, dass das System fragmentiert und anfällig ist und weniger in der Lage ist, die heutigen Anforderungen an Sofortzahlungen zu erfüllen. Bitcoin hingegen hat ein höheres Leistungsverhältnis und ist dank des PoW-Baselayers seiner Blockchain in der Lage, mit dem Lightning Network sehr effizient zu skalieren.“
Bitcoin Mythen
Die Anzahl von Bitcoins ist unbegrenzt
Nein, es ist seit dem Start von Bitcoin in 2009 eine maximale Menge von unter 21 Millionen Bitcoin fest vorgegeben (s. unten). Es gab nie weniger oder mehr, das ist dann eine von vielen Fehlinformationen Mangels Recherche und Verständnis von Bitcoin oder auch Propaganda.
Mining / Wegfall der Block-Subvention
Mit jedem Halvening (ca. alle 4 Jahre bzw. 210.000 Blöcke wird die Blockbelohnung halbiert. Aktuell gibt es noch 6,25 Bitcoin für die erfolgreiche Block-Generierung. Das ist eine der sehr erfolgreichen Spieltheorie-Anreize bei Bitcoin. Eine weitere sind Gebühren die für jede Bitcoin-Transaktion anfallen.
Mit Abnahme der Mining Subvention werden diese Transaktionsgebühren die Profitabilität regulieren und das Netzwerk weiter schützen. Das Bitcoin-Design und Protokoll hat das alles bereits seit seiner Entstehung in 2008/2009 antizipiert.
Nochmal Energieverbrauch
Bitcoin ist das bereits das absolut effizienteste Finanz- und Transaktionssystem, dass es je gab.
"Zum Zeitpunkt der Erstellung dieses Artikels verbraucht das Bitcoin-Netzwerk insgesamt schätzungsweise 113,89 TWh/Jahr. Um diese Zahl zu kontextualisieren, sind hier ein paar Vergleiche:
- Die weltweite jährliche Energieversorgung beträgt ~166.071 TWh/Jahr, 1.458,2x so viel wie das Bitcoin-Netzwerk
- Die [globale jährliche Stromerzeugung] (IEA - International Energy Agency - IEA) beträgt ~26.730 TWh/Jahr, 234,7x so viel wie das Bitcoin-Netzwerk
- Die Menge an Strom, die bei der Übertragung und Verteilung jedes Jahr verloren geht, beträgt ~2.205 TWh/Jahr, 19,4x so viel wie das Bitcoin-Netzwerk (basierend auf Schätzungen der Weltbank und der IEA)
- Der Energie-Fußabdruck von ständig eingeschalteten elektrischen Geräten in amerikanischen Haushalten beträgt ~1.375 TWh/Jahr, 12,1x so viel wie das Bitcoin-Netzwerk"
https://yakihonne.com/article/naddr1qq2nzcncw3hnxt2p25k4wmte299y5sekv45h2q3q42x7xnlckx9v8nzkmmxlu4h30mpsquu9ny7gxnymn8yrnfhlu6tqxpqqqp65we99z6a
Es gibt nicht genug Bitcoin für alle Menschen auf der Welt
"Es wird maximal 21 Millionen bitcoin geben. Jeder bitcoin kann in 100 Millionen Satoshis geteilt werden. Das bedeutet, dass es einen Gesamtvorrat von 2,1 Quadrillionen Satoshis (das sind 2.100.000.000.000.000.000) geben wird. Bei einer Weltbevölkerung von 8 Milliarden (aufgerundet) entspricht das 262.500 Sats für jede Person auf dem Planeten. Genug für alle, meinst du nicht auch?"
https://bitcoiner.guide/qna/de/myths/
Miner werden das Minen aufgeben wenn die Block-Subvention fällt
"... die allgemeine Erwartung ist, dass wenn die Block-Subvention sinkt, die Gebühren steigen werden und die Miner weiterhin für ihre Arbeit bei der Verarbeitung von Transaktionen und der Sicherung des Netzwerks entschädigt werden. Zu diesem Zeitpunkt wird die Wahrscheinlichkeit, dass es eine allgemein akzeptierte Skalierungslösung wie Lightning gibt, viel größer sein. Selbst wenn einige Miner mit dem Mining aufhören würden, würde das Netzwerk dank der “Schwierigkeitsanpassung” immer noch einwandfrei funktionieren und Blöcke würden immer noch im Durchschnitt alle 10 Minuten produziert werden. Die Profitabilität reguliert sich von selbst."
Quellen:
Allgemeines Q+A
Einfache Antworten auf die häufigsten Bitcoin-Fragen
https://bitcoiner.guide/qna/de/common/
Bitcoin-Mythen
Gegenargumente zu den häufigsten Bitcoin-Missverständnissen
https://bitcoiner.guide/qna/de/myths/
Gelato Factory: Looking for the best ice cream and service in Kalmar?
It is Gelato Factory and now you can get their a delicious brunch offering from 09:00 - 14:00 too. || Earn Bitcoin by creating your own locations and reviews of your favorite local spots at https://mapstr.xyz/. View this location at https://mapstr.xyz/?lat=56.6625656&lng=16.3637706&id=GelatoFactory_u65d
By EZ in News — Mar 25, 2024
Julian Assange US Extradition Appeal Ruling to be Delivered Tomorrow
https://www.nobsbitcoin.com/julian-assange-appeal-ruling-to-be-given-tomorrow/
"London's High Court will hand down its ruling on Tuesday on whether WikiLeaks founder Julian Assange will be able to appeal against extradition from Britain to the United States, in what could be his final legal challenge in British courts," reported Reuters.
El Salvador Has Thousands More Bitcoins Than Previously Known
March 15, 2024
El Salvador has moved over 5,000 BTC into a cold wallet, nearly doubling its known stash of the digital asset.
The country's President, Nayib Bukele, referred to the new setup as "our first #Bitcoin piggy bank" and stored the cold wallet in a physical vault within the national territory.
This revelation shows that El Salvador has been holding more bitcoins than previously believed, with public trackers placing its trove at less than 3,000 BTC.
The majority of the bitcoin held in the cold wallet came from Bitfinex, according to Arkham Intelligence.
https://www.coindesk.com/policy/2024/03/15/el-salvador-has-thousands-more-bitcoins-than-previously-known/
El Salvador BTC UTXOs
https://www.blockchain.com/explorer/addresses/btc/32ixEdVJWo3kmvJGMTZq5jAQVZZeuwnqzo
Bitcoin Balance
5699.74984418• $404.367.840
The Stress Of Self Custody - The Bitcoin Manual
https://thebitcoinmanual.com/articles/stress-self-custody/
Those who think Bitcoin is worth nothing likely own none, and dismissing something when you haven’t experienced it is rather lazy.
How can you have a qualified opinion on something you’ve never tried?
How do you know it is a poor store of value, slow, or cumbersome to use if you’ve never performed a transaction?
How do you know it’s worth nothing if you’ve never exchanged value for it or purchased something with it?
It sounds like you are writing cheques with nothing backing them; I guess that’s just the fiat mindset, right?
...
Unbothered. Moisturised. Happy. In My Lane. Focused on not stuffing up my chance at generational wealth
It’s fun and games speculating on Bitcoin using an exchange and relying on a custodian to handle the asset on your behalf, but that’s not Bitcoin. You don’t own anything; you only have a promise to withdraw Bitcoin in the future, a future that is uncertain—ask FTX users.
--------
Der Stress der Selbstverwaltung – Das Bitcoin-Handbuch
https://thebitcoinmanual.com/articles/stress-self-custody/
Diejenigen, die denken, Bitcoin sei nichts wert, besitzen wahrscheinlich keine, und etwas abzutun, wenn man es noch nicht erlebt hat, ist ziemlich faul.
Wie kann man eine qualifizierte Meinung zu etwas haben, das man noch nie ausprobiert hat?
Woher wissen Sie, dass es sich um einen schlechten Wertaufbewahrungsmittel handelt, langsam oder umständlich zu verwenden ist, wenn Sie noch nie eine Transaktion durchgeführt haben?
Woher wissen Sie, dass es nichts wert ist, wenn Sie nie etwas dafür eingetauscht oder etwas damit gekauft haben?
Es hört sich so an, als würden Sie Schecks ausstellen, die nicht gedeckt sind. Ich schätze, das ist einfach die Fiat-Denkweise, oder?
...
Unbeschwert. Schwitzend. Glücklich. Auf meinem Weg. Ich habe mich darauf konzentriert, meine Chance auf Generationenreichtum nicht zu verspielen.
Es macht Spaß, mit Hilfe einer Börse auf Bitcoin zu spekulieren und sich darauf zu verlassen, dass eine Depotbank den Vermögenswert in Ihrem Namen verwaltet, aber das ist kein Bitcoin.
Du besitzt nichts; Sie haben nur das Versprechen, Bitcoin in der Zukunft abzuheben, eine Zukunft, die ungewiss ist – fragen Sie FTX-Benutzer.
Sanningen om den svenska skogen - Naturskyddsföreningen
https://www.naturskyddsforeningen.se/artiklar/sanningen-om-den-svenska-skogen/
The truth about the Swedish forest
The picture painted by the forest in Sweden is bright. But the fact is that forests full of life are becoming increasingly silent and replaced by plantings.
With promises of gold and green forests, more and more people want the forest's assets. The forest is produced as a renewable resource that can never end – it is said to be the answer to the climate challenge and will give us everything from disposable products and buildings to nature experiences and eternal access to biofuels. This equation does not go together. Everything that is said about the Swedish forests is not right and much is left unsaid. The situation is acute, but few know how bad it is. It's time to find out what it really is.
➡️@ecopolis - https://t.me/ecopolis⬅️
Great read from Martin Enlund
https://nostr.band/npub1gg6zywvkeej5juswvmwkh39m0mae7fwxp3ypd4aug7n9u8vqmvjq5ljzdu
KYC is the real terror
Martin Enlund 3/21/24
https://underorion.se/en/posts/fatf/
It has become increasingly evident that our financial system has started undermine our constitutionally guaranteed freedoms and rights . Payment giants like PayPal, Mastercard, and Visa sometimes block the ability to donate money . Individuals, companies, and associations lose bank accounts — or struggle to open new ones. In bank offices, people nowadays risk undergoing something resembling being cross-examined. The regulations are becoming so cumbersome that their mere presence risks tarnishing the banks’ reputation.
...
Maybe it would be a solution to use a LNbits instance for your family. it is an easy middleware for Lighting Wallets and basic Node management.
https://lnbits.com/
Demo
https://demo.lnbits.com/
BlackRock's Plan To Own The Fractionalized World
https://unlimitedhangout.com/2024/02/investigative-reports/tokenized-inc-blackrocks-plan-to-own-the-fractionalized-world/
...
“If we can ‘ETF’ a Bitcoin, imagine what we can do with all financial instruments.”
Fink continued, speaking about Bitcoin itself, stating “I don’t believe it’s ever going to be a currency. I believe it’s an asset class.”
...
Bitcoin: Commodity, Not Currency
...
In the aftermath of the recent Bitcoin ETF approvals, BlackRock’s Larry Fink revealed that soon everything will be “ETF’d” and tokenized, threatening to fractionalize not just existing assets and commodities, but the natural world, reducing most living things into Wall Street financial products to be traded on a single, universal ledger.
...
➡️@ecopolis⬅️
"Everything is going to be ETF’d"
Fink,
Blackrocks big attack on Bitcoin and Nature itsaelf is to corrupt all blockchain ledger and manipulate all markets.
The premise is that through tokenization, all assets can be fractionalized
JPM is responsible for acquiring the necessary bitcoin ...
is all you need to know ...
"“…from at least 2008 through 2016, JPM, through numerous traders on its precious metals and Treasuries trading desks, including the heads of both desks, placed hundreds of thousands of orders to buy or sell certain gold, silver, platinum, palladium, Treasury note, and Treasury bond futures contracts with the intent to cancel those orders prior to execution. Through these spoof orders, the traders intentionally sent false signals of supply or demand designed to deceive market participants into executing against other orders they wanted filled. According to the order, in many instances, JPM traders acted with the intent to manipulate market prices and ultimately did cause artificial prices.”
"Mit großem Bedauern teilen wir mit, dass Professor Dr. Philipp Sandner am 16.01.2024 verstorben ist.
Viel zu früh müssen wir Abschied nehmen von einem äußerst geschätzten Wissenschaftler, Mitarbeiter und Kollegen. Wir sind zutiefst bestürzt und traurig.
Philipp Sandner war in Deutschland einer der Pioniere und profiliertesten Experten im Bereich Blockchain und Bitcoin sowie geschätzter Berater in Politik und Wirtschaft. Seit 2015 war Philipp Sandner an der Frankfurt School tätig. Hier hat er das Blockchain Center gegründet und sehr erfolgreich geleitet. Darüber hinaus war er Professor für Innovation und Entrepreneurship. Mit seiner Leidenschaft und Expertise für sein Forschungsfeld hat er uns alle inspiriert und das Profil unserer Wirtschaftsuniversität maßgeblich mitgestaltet.
Wir trauern mit seiner Frau und seinen Kindern, seiner gesamten Familie und seinen Freunden.
Seine Familie und wir bitten höflich, von Kondolenzschreiben und Anfragen Abstand zu nehmen.
An der Rezeption der Frankfurt School wird in den kommenden Tagen ein Kondolenzbuch ausliegen.
Nils Stieglitz im Namen der Frankfurt School-Community"
https://www.frankfurt-school.de/home/newsroom/news/2023/Januar/Philipp-Sandner-2024.html
Regeringen skrotar Agenda 2030-mål - SD: Välkommet - Klimatgranskaren
https://klimatgranskaren.se/regeringen-skrotar-agenda-2030-mal-sd-valkommet/
Die Regierung führt derzeit eine ehrgeizige Bereinigung der Ziele der Agenda 2030 in ihren Weisungen an die Behörden durch. Ein weiterer Verhandlungssieg für SD, der in einem Kommentar die Reduzierung der Ambitionen begrüßt.
Great effort but could you please comment this opinion:
"Flare isn’t the Nostr solution you think it is"
https://simplifiedprivacy.com/flare/
Flare.pub is supposed to be a decentralized video app for Nostr
It is unclear how Flare prevents Flare itself from deleting your videos, as Nostr’s protocol doesn’t store videos, the relays store messages. Even worse than Nostr’s regular images being on 1 random server with government DNS, Flare centralizes that to a single entity. And even worse than that, Flare has chosen Amazon AWS with Google 3rd party JavaScript on his main website. It’s unclear what the purpose of Flare is, if it’s not to defy Big Tech companies.
There are a few approaches one could take instead. One approach is federation, where users self-host websites. This is how our website works with Nostr signing integration for video comments. This is also how Peertube works. Our website vid.simplifiedprivacy.com is basically Peertube but with Nostr subscriptions/comments.
"DAS IST SCHLECHT GEALTERT!"
Vor ziemlich genau 6 Jahren hat das World Economic Forum #WEF in einem Artikel prognostiziert, dass #Bitcoin im Jahr 2020 mehr Energie verbrauchen wird, als die gesamte Welt zu dieser Zeit 😂!
Der geschätzte weltweite Energieverbrauch im Jahr 2017 lag bei rund 14.000 Mtoe, was in etwa 163.000 TWh entspricht.
Der geschätzte Energieverbrauch von #BTC im Jahr 2020 lag bei rund 75 TWh.
→ Das #WEF hat sich also um knapp 99,954% verschätzt 😅😄.
https://www.weforum.org/agenda/2017/12/bitcoin-consume-more-power-than-world-2020/
The World Economic Forum wasn’t simply the brainchild of Klaus Schwab, but was actually born out of a CIA-funded Harvard program headed by Henry Kissinger
"My research indicates that the World Economic Forum is not a European creation. In reality, it is instead an operation which emanates from the public policy grandees of the Kennedy, Johnson and Nixonian eras of American politics; all of whom had ties to the Council on Foreign Relations and the associated “Round Table” Movement, with a supporting role played by the Central Intelligence Agency."
https://unlimitedhangout.com/2022/03/investigative-reports/dr-klaus-schwab-or-how-the-cfr-taught-me-to-stop-worrying-and-love-the-bomb/
Estonia notifies WHO that it rejects the Pandemic Treaty and amendments to International Health Regulations – The Expose
https://expose-news.com/2023/11/25/estonia-notifies-who-that-it-rejects-pandemic-treaty/
On 22 November, 11 Members of the Estonian Parliament wrote a letter to the World Health Organisation (“WHO”) to reject the proposed international agreement on pandemic prevention preparedness and response – also known as the “Pandemic Treaty” or “Pandemic Accord”. The letter also rejects the amendments to the International Health Regulations (2005) (“IHR”).
➡️@ecopolis - https://t.me/ecopolis⬅️
Leider auch beim Fachmagazin Computertechmik des Heise Verlag haben die Chef-Redakteure mehr Meinung, als fundierte Recherche zum Thema Bitcoin, Crypto und DeFi.
Bitcoin ist nicht Crypto und damit liegt der Autor bei allen drei Punkten s.u. fachlich falsch. Quellen dazu gibt es zahlreich liebe Redaktiion!
Aus Heise c't 27/2023
Standpunkt S.3 Editorial
"Kryptoschmu
Banken kann man nicht trauen, gerade die kleinen Leute werden von ihnen immer wieder übervorteilt. Die Lösung ist – wissen Sie es noch? Genau: Blockchains, Kryptowährungen, "DeFi", das dezentrale Finanzwesen. Unter dem Eindruck der Finanzkrise 2007/2008 war das ein mächtiges Narrativ. Nun liegt es mir fern, Banken menschenfreundliche Motive zu unterstellen, aber die Nonchalance und Hemmungslosigkeit, mit der die Kryptobörse FTX Kundengelder veruntreut hat, sucht ihresgleichen (siehe Seite 41). Und dabei war FTX auch noch bekannt (und in Teilen der Kryptowelt verrufen) dafür, sich für striktere Regulierung einzusetzen. Hauptkonkurrent und aktuelles Schwerstgewicht Binance hat berühmt-berüchtigterweise nicht einmal einen erklärten Firmensitz.
Nun betonen Krypto-Fans oft, dass es sich dabei eben um zentralisierte Börsen handelt, der Witz an Bitcoin & Co. sei ja gerade, dass man damit auch dezentrale Börsen, Handelsunternehmen et cetera konstruieren könne. Das stimmt und solche Plattformen gibt es.
Aber erstens lässt sich über die tatsächliche (De)zentralisierung von Bitcoin, Ethereum und so weiter trefflich streiten.
Zweitens sind auch dezentrale Institutionen so sehr von dramatischen Fehlern geplagt und mit Betrügereien durchsetzt, dass man mit hohem Risiko sein Geld verliert – und ohne Molly Whites web3isgoinggreat.com auch rettungslos den Überblick in all der Täuschung und Inkompetenz verlöre.
Und drittens kommt das Krypto-Universum nicht ohne zentralisierte Institutionen wie FTX, Binance oder Tether aus: Sie stellen den relevanten Zugang für Fiatgeld (also Dollar, Euro etc.) dar. Denn wie sonst sollen die von den Banken malträtierten kleinen Leute an den schönen Kryptosystemen teilhaben? Die Zeiten, als sie sinnvoll Bitcoin oder Ether am heimischen Computer minen konnten, sind lange vorbei.
Dank Implosionen wie der von Terra/Luna, Celsius und zuletzt FTX ist der Lack jedenfalls ab von der Krypto-Welt.
"TradFi", also das herkömmliche Finanzwesen, wirkt dagegen gar nicht mehr so schäbig – und das muss man mit Firmen wie Wirecard erst mal schaffen.
Kleine Leute, die Banken misstrauen, sollten vor jeder Kryptounternehmung jedenfalls schreiend weglaufen.
Sylvester Tremmel"
Cipherchat: A New Era of Private Messaging on the Lightning Network • LightningNetwork+
https://lightningnetwork.plus/posts/488
How Cipherchat Functions
Cipherchat's operation hinges on the innovative use of the Lightning Network. Users connect their Lightning node to the app through Lightning Node Connect (LNC), utilizing a pairing phrase from the Lightning Terminal. This process establishes an end-to-end encrypted connection between the user's node and the web app, facilitated by an LNC Mailbox relay proxy server. The entire architecture of Cipherchat is open-source, encouraging transparency and community involvement. Communication occurs through keysend payments, each carrying a message, ensuring a secure and private exchange of information.
...
NEW
ZEUS wallet with Embedded LND node !!
--
The ZEUS v0.8.0 open beta is here
https://blog.zeusln.com/zeus-v0-8-0-open-beta/
The new ZEUS introduces an immense amount of new functionality including an embedded node, LSP connectivity, and self-custodial lightning addresses.
Embedded node
First and foremost, the new ZEUS features a new embedded LND node. This means that users no longer have to remotely connect to their own pre-configured lightning node back at home or in the cloud. Users simply hit 'Quick Start' on the intro screen and start syncing the blockchain in mere moments.
This node offers up nearly all the same functionality to users as they would have with a remote node: including lightning + on-chain sending and receiving, and channel management. Only the payment forwarding screens are disabled as mobile nodes are not conducive to routing.
The "What is Money?" Show: A Future with Bitcoin Mining in Every Home? with John Stefanopoulos (WiM380)
Episode webpage: https://whatismoneypodcast.com/episodes/a-future-with-bitcoin-mining-in-every-home-with-john-stefanopoulos-wim380-kf64OkNh
Media file: https://cdn.simplecast.com/audio/2effec98-bec5-4728-ba08-7a86d776e682/episodes/31c04158-dcbc-4eca-b511-3a5da467817b/audio/6253c967-8b2f-4441-804e-3fcf7c816879/default_tc.mp3?aid=rss_feed&feed=MLdpYXYI
John Stefanopoulos joins me to discuss the future of Bitcoin mining and why its decentralization is important, running a full node, and how miners protect the Bitcoin network.
John Stefanopoulos is the CEO and Founder of FutureBit.
// OUTLINE //
00:00:00 - Coming up
00:00:34 - Intro
00:02:07 - Helping Lightning Startups with In Wolf's Clothing
00:02:54 - Introducing John Stefanopoulos
00:03:19 - Genesis of FutureBit
00:07:55 - Bitcoin Mining: ASIC, USB Miner, and Full Node
00:09:38 - What is Hash?
00:11:28 - Understanding Bitcoin
00:14:10 - Defining ASICs
00:16:56 - Centralized Market of ASIC Hardware
00:18:18 - Significance of Hashrate
00:21:31 - Ways to Incentivize People into Bitcoin
00:22:48 - Run Your Business From Anywhere with NetSuite
00:23:53 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
00:24:49 - What is a Full Node?
00:27:13 - Incentives for Running a Full Node
00:29:44 - A Quick Recap
00:31:57 - Decentralization Issue of Bitcoin
00:36:03 - What is a Mempool?
00:39:39 - Censorship Resistance Issue with Bitcoin Mining
00:41:55 - The Power of Numbers
00:45:02 - Take Control of Your Healthcare with CrowdHealth
00:46:04 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:46:56 - What is a Mining Pool?
00:50:25 - Centralization of Mining Pools
00:52:42 - Future of Bitcoin Mining
00:59:04 - The Mainframe Moment for Bitcoin Mining
01:01:18 - More Miners, Better Network
01:02:59 - Where to Find John on the Internet
Happy ₿itcoin whitepaper day 👍 📄📄📄
15 years ago today, on October 31, 2008, Satoshi Nakamoto published his white paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”.
At that time, the pseudonymous Bitcoin inventor shared his thoughts with others for the first time on a mailing list of the so-called cypherpunks.
Our thanks for this epochal gift to humanity go to Satoshi!
For the white paper's fifteenth birthday today,
here are some not (well) known facts for you about this piece of internet and money history.
- The exact date and time of the first publication of the white paper is Friday, October 31, 2008, at 7:10:00 p.m. German time.
- There is an assumption that Satoshi specifically chose the day to post Luther's theses because it symbolized the reformation of the church and Bitcoin for the reformation of the monetary system.
- The initial publication took place on the metzdowd.com mailing list.
- Satoshi only referenced eight other sources in the white paper.
- Ten different people were named in the white paper. Including Adam Back, the current CEO of Blockstream.
- Satoshi wrote the code first and then the white paper. He wanted to make sure that everything really worked and that he could solve all the problems in practice.
- Neither the word “blockchain” nor “wallet” nor “mining” appear in the white paper.
- The limit of almost 21 million BTC is also not mentioned in the white paper.
Here you can get the whitepaper
https://bitcoin.org/bitcoin.pdfhttps://image.nostr.build/818b67129c65813ab64b45c9da069b7b955db6ae61fab493004180be9a7ba64e.jpg
World's Oldest Central Bank Seeking $7 Billion Bailout After Massive Bond Losses | ZeroHedge
https://www.zerohedge.com/markets/worlds-oldest-central-bank-seeking-7-billion-bailout-after-massive-bond-losses
Two weeks ago we reminded the world that thanks to soaring interest rates, which will only keep rising until the Fed figures out what "big-enough" crisis it uses to trigger QEx+1, the staggering losses on global fixed income securities which according to the IIF amount to $307 trillion - as calculated by DB's Jim Reid - have risen to a staggering $107 trillion. And while thanks to such facilities as the BTFP much of the MTM risk has been transferred (if only for the time being) away from commercial banks and to the Fed, the cumulative losses at central banks are now absolutely staggering, starting with the biggest and baddest one of all, where the Fed operating loss is now $111 billion and rising with every day that the Fed pays out more in interest to banks (excess reserves) and money markets (reverse repos) than it collects on its bond portfolio...
Nostr is not yet the solutuon for everything. There is more usefull freedom tech like Peer-Tube instances and Odysse/ Lbry. But most people wait for the pain instead. Why?
German MEP, Christine Anderson: The so-called "pandemic" was a beta test—conducted by unelected globalists—to see how easy it would be to seize totalitarian control, under the pretext of a global "emergency".
"The goal, ultimately, is to transform our free and democratic societies into totalitarian societies. Their goal is to strip each and every one of us of our fundamental rights, of freedom, democracy, the rule of law. They want to get rid of all of this."
"In the entire history of mankind, there has never been a political elite concerned about the well being of regular people, and it isn't any different now... For god's sake, stop complying. Start rebelling. They are out to get you if you do not resist."
https://youtu.be/4MIS18_bv_k?t=890https://video.nostr.build/048144ad93aa77d23d1745efd6db9ca509d56bd279002e3f0ae701760f718713.mp4
I would like to
👎Go from this: primal.net/p/npub142x7xnlckx9v8nzkmmxlu4h30mpsquu9ny7gxnymn8yrnfhlu6tqmsvwrn
👍 To this: primal.net/bitmax
Thank you so much 😇
Oddbean new post about login | logout
Notes by bitmax | export
T-Mobile Deutsche Telekom are running Bitcoin nodes, Lightning nodes and will start mining #bitcoin WHAT A TIME TO BE ALIVE. Speaking at BTC Prague, Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, said: “Since 2023, we are running a Bitcoin node, and we are running Bitcoin Lightning nodes as well [...] I like to let you in on a little secret we will engage in digital monetary photosynthesis soon.” Former Cointelegraph contributor Joseph Hall asked Röder if he could elaborate on the meaning of “digital monetary photosynthesis,” and "So is T-Mobile mining Bitcoin?!" “We will.” Source https://fixupx.com/BTCGandalf/status/1801760846366052791How To Manage A Family Lightning Node Published on March 7, 2023 https://thebitcoinmanual.com/articles/how-to-manage-a-family-lightning-node/