We’ve revamped our Referral page making it EASIER for you to share your referral link.

Rewards INSTANTLY paid out in sats to your Lightning wallet 🤯⚡

In this bull market, send your friends and family to the best bitcoin-only platform 🥇

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

To access your referral code, log in and go to your Referral page. Next:

🔗 Copy and share your referral link
📸 Share your QR code where referred folks can scan and sign up
📍 Post your link directly to X to refer anyone and everyone

Make sure to add a Lightning wallet to your referral page to earn your referral payouts directly to your Lightning wallet.

What's better than earning inflatable fiat?

Earning sats😎📈

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

When you refer nocoiners to Bitcoin Well you save them from losing sats to leverage, sh*tcoins or custodial mishaps and set them on the path to freedom and independence.

You have the power to save your friend and family from the flood of fiat ✊


Watch top tier Bitcoin content sponsored by Bitcoin Well 🤝 earn sats

nostr:note1u7h42rkpl5jwc37k6ndxkgehhl9jezept5c9lkaxagjmt3vqg0dq5jwkw3


When the haters say $300,000 is impossible this cycle, remind them bitcoin has a history of rising 20x from its previous cycle bottom

When will the bitcoin haters accept they were wrong about bitcoin?

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

Folks like Nouriel Roubini and Keynesian economists as a whole cannot sustain the risk of accepting defeat by Bitcoin, as their entire reputation depends on an economic framework that is incompatible with Bitcoin.

If they accept bitcoin as a supior monetary medium , all of their other economic claims will be questioned and all of their models will collapse.

The simplest path forward for bitcoiners is to ignore the Bitcoin haters, who are incentivized to keep their heads in the sand.

Everyone gets bitcoin at the price they deserve.


depends on the party !


Calling all Hamilton bitcoiners!

There is a Bitcoin meetup in Hamilton tonight!

Bring a friend because a couple of lucky folks will be going home with free bitcoin courtesy of Bitcoin Well

Event details 👇

⏰When: Monthly - First Thursday
Thursday Nov. 7, 2024
7:00 - 9:00 PM

📍State & Main
1591 Upper James Street

https://public.theorangepillapp.com/event/670830ca6349ce9c689dab37?_branch_match_id=1382160438331230103&utm_medium=Share&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXzy9KzEtPLcjMydFLLCjQy8nMy9avsEg1Li31MUjzT7KvK0pNSy0qysxLj08qyi8vTi2yDU5MSyzKBABARdUnQQAAAA==


We ran 80,000 simulations.

Bitcoin remains unstoppable in all 80,000.


Why choose a non-custodial Bitcoin platform?

1. Control

With a non-custodial setup, you hold the private keys, meaning you’re the sole owner of your BTC. Custodial platforms keep your keys, adding a layer of risk. Don’t trust, verify; and take ownership!

2. Security

Custodial platforms are targets for hackers and honeypots for disaster. From Mt. Gox to FTX, there are countless ways your custodied coins can become lost.

With non-custodial wallets, there’s no central honeypot—just you and your BTC.

3. Freedom

Self-custody protects you from sudden asset freezes or confiscations. Custodial platforms can be compelled to restrict access to your funds (E.O. 6102)
When you hold in self-custody, there’s no intermediary between you and your future

It’s real financial freedom

4. Innovation

Bitcoin wallets evolve fast!

With the Lightning Network for instant, low-cost payments, user-friendly wallets, and cold storage devices, non-custodial wallets make it easier than ever to use BTC.

Exchanges can’t keep up with this pace of innovation!

Don’t have a Bitcoin Well account yet?

Sign up below and take control of your bitcoin  👇
https://app.bitcoinwell.com/signup


And they all get more drastic with time..


The customer always wins in a free market

Especially when they hold bitcoin in self-custody 🙌


Nice to see  nostr:npub19mf4jm44umnup4he4cdqrjk3us966qhdnc3zrlpjx93y4x95e3uq9qkfu2 leading the pack on sats/dollar in Canada! https://m.primal.net/Loby.png

s/o cspread.ca for this awesome aggregator


Adoption is how we win ✊


Happy 16th anniversary to the Bitcoin white paper! 🎂

Over the last 16 years, Bitcoin has grown from an idea to a global movement in the pursuit of independence and sovereignty

Here is how you can personally start living on a Bitcoin Standard, right now 👇

Self custody your bitcoin – it’s hard to be independent when you constantly have to ask for permission to use your own money

Avoid custodial exchanges and banks and buy BTC directly to your personal bitcoin wallet 🔐

At Bitcoin Well, we NEVER custody your bitcoin

Replace your bank with a bitcoin wallet – banks are no longer the only way to easily and quickly pay your bills

With Bitcoin Well, you can pay any bill or credit card with BTC from your wallet

Simply add your bill, enter an amount to pay to create an invoice & then send the BTC

HODL BTC for the future – Bitcoin is an opportunity to usher in generational wealth for your descendants, don’t take this opportunity lightly!

Custodial platforms are prone to the risk of seizure & theft. Self-custody your bitcoin to ensure it’s available in the future 🫡

Measure your time and spending in sats 📏

If you’re debating buying something on Amazon that costs $500 CAD – think of that like a 500k sat decision instead

Five years from now, would you be happy you bought that thing off Amazon, or would you rather have the sats? 🤔

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

Embrace the Lightning Network ⚡

Living on Bitcoin day-to-day is easier than ever thanks to the Lightning Network

Bitcoin Well enables you to buy, sell and pay bills with bitcoin from the Lightning Network, as well as swap between networks for FREE

Everything you need to live and thrive on a Bitcoin Standard is now available

The age of relying on banks, custodians and financial intermediaries is in the past

Replace your bank with Bitcoin Well and embrace the Bitcoin Standard today

Haven’t signed up with Bitcoin Well yet?

Get started here 👇
https://app.bitcoinwell.com/signup


Bitcoin is the best money humans have ever invented.

Bitcoin is sound money… but at the same time.. Bitcoin it is not sound money!

How can that be the case? Let’s explore the history books

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

The concept of sound money dates all the back to ancient Rome when Silver coins were the norm in everyday commerce

As Rome squandered its wealth and debased its money, the silver content in its coins decreased dramatically

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

Roman soldiers and merchants grew weary of the debased coins and learned to detect them striking the coin against a hard surface

Silver coins made a distinct noise, symbolically called the "ring of truth", while coins clouded with other medals bore a different tone

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

When England’s Royal Mint introduced paper money, the citizens rebelled, wanting only sound money, fearing debasement of paper (or easy) money

The first Royal Mint's banknotes were different than today's paper money, because they at least contained a 'promise to pay'

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

In the 19th century USA, the “ring of truth” was even used to identify several counterfeiting scams

Since ancient Rome, the principles of sound money have travelled far across time and space, all the way to cyberspace

Bitcoin’s digital presence means a “ring of truth” test is impossible

Yet, at the same time, bitcoin’s scarce, self-custody and verifiable properties enable Bitcoin to champion all of the characteristics of sound money

Bitcoin is immune to debasement and inflation 🔊💰


GM bitcoiners ☕

Bitcoin hit an all-time high in Canadian dollars this morning 🇨🇦📈

Every new ATH is a reminder to self-custody your bitcoin 🔐

Eventually, the BTC price will be so high that the Feds will come after your bitcoin

Secure your bitcoin for the future – today


Super cool idea for distributing the prize, Reed!

LOVE IT!


How to buy bitcoin over the Lightning Network – privately – at a Bitcoin ATM

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

Looking to buy bitcoin instantly over the Lightning Network?

Bitcoin Well ATMs now offer an easy way to convert cash into bitcoin on the Lightning Network with the Cash Voucher system, bridging traditional cash with instant Lightning payments. Follow this guide to quickly buy a Cash Voucher at a Bitcoin ATM, buy bitcoin, and receive it over the Lightning Network.

What you’ll need:
Bitcoin Well Account: – A Lite Account is sufficient.
Lightning Wallet – With a Lightning address or LNURL.
Cash: – To use at the ATM.

Step-by-step guide – Part 1: Setting up and buying your Cash Voucher

Create or sign in to your Bitcoin Well account
– Sign up on the Bitcoin Well portal using only your email and a chosen username (welltag)
– Full ID verification is not needed for Lite Accounts, preserving your privacy.

Get your Cash Voucher QR code:
– Log into your Bitcoin Well account and go to the "Buy" page.
– Select “Cash Voucher” and save your unique QR code (it stays the same for future use).

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

Visit a Bitcoin Well ATM:
– Find a nearby machine here: https://bitcoinwell.com/bitcoin-atm
– Bring your cash and your Cash Voucher QR code to the ATM.

Buy a Cash Voucher:
– On the ATM screen, select “I want Crypto.”
– Choose “My Portal” and scan your Cash Voucher QR code.
– Insert your cash, and within seconds, your Cash Voucher will be available in your Bitcoin Well account.

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

Part 2: Buying bitcoin over the Lightning Network

Log into your Bitcoin Well account and navigate to “Buy”:
– Select the Lightning tab at the top of the screen.

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

Add your Lightning Wallet:
– Enter your Lightning address or LNURL, which will be where your purchased bitcoin is sent.
Complete the purchase:
–Review the transaction, and your bitcoin will be sent instantly over the Lightning Network.

Fees and Limits

ATM Cash Voucher Fee:
– 4% of the deposited amount.
– Example: $100 cash results in a $96 voucher credited to your account.

Bitcoin Purchase Spread:
– Lite Account: 3%
– Verified Account: 1.2%

Daily Cash Voucher Limits:
– Individual Cash Vouchers: Up to $950 per voucher
– Lite Account daily redemption: Up to $3,000
– Lite Account weekly redemption: Up to $10,000

Why use Cash Vouchers for Lightning Bitcoin?
– Privacy: No bank account or ID verification required for Lite Accounts.
– Instant speed: Lightning Network offers real-time bitcoin transfers.
– Convenience: Use cash without bank restrictions.
– Security: Self-custody solution from ATM to wallet.
– Flexible testing: Try the service before fully verifying your account.
– Save on transaction fees: Lightning transactions are considerably less costly to send and receive than on-chain ones.

Tips for success
1. Save your QR code: Your Cash Voucher QR code is reusable.
2. Upgrade for lower fees: Consider full verification to reduce the spread.
3. Prepare your Lightning Wallet: Have your wallet address ready to avoid delays.
4. Monitor your limits: Know your daily voucher and purchase limits.

Need Help?
Bitcoin Well offers support through multiple channels to make your experience smooth:
– Phone support
– Email assistance
– Live chat via the portal interface

Are you ready to get started? Find your nearest Bitcoin Well ATM, fund your account, and experience the future of bitcoin transactions today!


Do you want to learn more about Bitcoin & live in the Western Massachusetts area? 🖐

Then you you've gotta check out the upcoming Bitcoin Meetup in Northampton!

 nostr:npub1xgyjasdztryl9sg6nfdm2wcj0j3qjs03sq7a0an32pg0lr5l6yaqxhgu7s will host a presentation to teach you about bitcoin & giveaway prizes so a few folks leave with some sats!

The next West Mass Bitcoin Meetup is on Sunday October 27th at 6pm!

Sign up here 👇

https://www.meetup.com/western-mass-bitcoin-meetup/events/303768755/?eventOrigin=group_upcoming_events


Beautiful fall colours!


Perfect picture! This is why everyone should hold their own keys 🫡


in 1934 when they passed EO 6102 gold was $25 an ounce. They offered $35 in exchange for the gold. That solid 40% gain sounded good at the time, but looks bad against a historical lens:

Dollars depreciated by 99% and gold is around $2,800 an ounce.


In 1934, the US government passed Executive Order 6102 to seize gold held by Americans. If you think something like that can't happen today, think again

Custodial platforms can be forced to comply with government orders like the banks were back then

Here’s why:

90 years ago, a recently elected FDR faced a desperate and struggling economy. The president chose to villainize gold savers as ‘hoarders’ and seized their gold in an effort to fix the economy. All gold stored in banks was seized, however, most privately held gold was not.

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

When your bitcoin is held on an exchange, it’s not truly yours. The keys are controlled by a third party, which means it can be frozen or seized at any time

Check those terms and conditions 👀

Any exchange is one election and one bill away from having its bitcoin seized

The beauty of Bitcoin lies in its decentralized nature and the fact you can securely self-custody. When you hold your own keys , nobody can take your bitcoin. Self-custody is freedom and the only way to ensure your bitcoin stays yours.

History serves as a cautionary tale. Just as gold was seized in the past, bitcoin held on exchanges could face a similar fate. A mere 5% interest is NOT worth the risk of losing all your bitcoin. Self-custody your bitcoin and secure your future 🔐

It’s good to be a paranoid crypto anarchist!


Well, Saylor can only leverage Microstrategy so far until he risks over-leveraging the company. He probably is changing his tone for interest on BTC because he pays interest for the loans to buy BTC. Perhaps there is some shareholder pressure, cause the change in his rhetoric is shocking


Hi there!

Our recent job posting has been filled. However, keep an eye out! We are always interested in hiring bitcoiners for our open roles!


And anyone else, too!

That's why we self-custody 🫡


Sorry Saylor, but...

Non-custodial wallets are the essence of what makes Bitcoin revolutionary

They embody financial sovereignty, where you control your own wealth without relying on corruptible third parties or centralized institutions

Bitcoin isn’t just digital money – it’s about owning your money without asking for permission

Custodians dilute this power by introducing counterparty risk, censorship, and exposure to hacks

With non-custodial wallets, you hold the keys, the power, and the responsibility

What Saylor seems to have forgotten is that without non-custodial wallets, Bitcoin becomes just another system of reliance

But with self-custody, Bitcoin is unstoppable digital freedom

Self-custody is what makes a cyber hornet 🟠🐝


Hi there!

After the webinar you'll have a signup link emailed to you! That link will automatically apply the code 'Webinar' and that will award you your points!


Do you have any questions about how to get started buying and storing bitcoin safely? Well, you’re in luck!

Our CEO Adam O'Brien is co-hosting a FREE bitcoin-education focused webinar Oct 23rd at 12pm EST 🖥

The webinar will consist of a quick presentation followed by a Q&A period where you can ask your bitcoin and self custody related related questions and get answers from industry experts 🖐🤝

By attending you'll earn 2,500 points in your Bitcoin Well account, enough for 5 chances at 1,000,000 sats from the Bitcoin (Wishing) Well - nearly $700 USD at these prices! 🤑

Folks who attend and sign up with code 'webinar' will also get 2,500 points! 🎟

This webinar is your opportunity to learn everything you need to know to be a successful bitcoiner and to maximize your independence!

Sign up here 👇
https://www.thebitcoinway.com/stl


Its almost like paranoid crypto anarchists are the people who invented the bitcoin protocol that pumps Saylors bags


Can we ask Saylor which gold holders held onto their gold post E.O. 6102?

The paranoid gold holders with gold in safes/buried or the custodial customers?


Read more here: https://bitcoinwell.com/blog/onboard-bitcoiners-and-earn-sats-with-bitcoin-well


Stack sats with your Bitcoin Well Referral Link 🇨🇦⚡🇺🇲
🎉 Now you can onboard bitcoiners and earn sats every time someone you refer to Bitcoin Well does a transaction on the Bitcoin Portal

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

Here’s how to get started:

👉 Head to your Bitcoin Well account, and go to Bitcoin Well Rewards > Referrals
🔗 Grab your personal referral link or share your referral code
⚡ 10% of all transaction revenue will be instantly sent straight to your Lightning Wallet

💰 Example: With our current 1.2% spread, if someone spends $1,000, we make $12.00, and you’ll earn $1.20 - automatically sent in sats to your wallet!

If they have a Lite Account with a 3% spread, you’d make $3.00!

👉 Who’s eligible to refer?
Anyone in Canada or the USA can be referred to the platform, and also refer their friends!

This includes businesses, HNW individuals, and clients using our OTC desk.

Canadians can refer Americans, and vice versa! As we expand our services into more countries, they will also be eligible.

Want to learn more?

Check out this article for more details <article link>

Not using Bitcoin Well? Do yourself a favour and future-proof your money
👇
https://bitcoinwell.com/app/signup


We are all satoshi


Reasons why bitcoin is better money than gold: Verification

Counterfeiting is a problem as old as coinage, spanning back to the Lydian empire in 550 BC.

Bitcoiners took note of gold's shortcomings and incorporated superior security methods when creating bitcoin

Here's how 👇

The origin of counterfeiting involved clipping the edges of ‘real’ coins and combining the metal to make a counterfeit coin, but thieves tend to innovate over time.

Mints began to incorporate physical security methods to deter and delay counterfeiters, first official seals and then later coin ridges. Soon, only precious metals with coin ridges and/or designated seals were accepted.

As metallurgy improved, counterfeit gold coins and bars became more sophisticated – ridges and seals were soon copied, no longer distinguishing authentic from counterfeit.

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

Today, gold authentication is done with a X-ray fluorescence spectrometer. However, XRF spectrometers fail to detect the contents of the object’s centre, as they can only penetrate a maximum distance of a couple of millimetres.

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

To get around this form of detection, counterfeiters will replicate the outside security features of a gold object (coin or bar) with a thin layer of gold while the inside is made up of a similarly dense metal like gold or tungsten

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

The only way to detect such fake gold is through an intense process where the gold is physically compressed and flattened through a rolling mill to not exceed the penetration distance of an XRF spectrometer.

However, now the gold bar has lost its standardized shape and seal, and requires minting again. Needless to say, the entire process is costly and time consuming and is thus not exercised for most gold, leading to global speculation as to whether global gold reserves are authentic.

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

Bitcoiners, however, never worry about receiving counterfeit bitcoin. Bitcoiners also never worry about XRF spectrometers or flattening out the fungibility of money to detect its atomic makeup. Bitcoiners are armed with code and thousands of nodes worldwide, instantly verifying new blocks, transactions and, thus, the validity of bitcoins.

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

Bitcoin’s inherent ease of verification through its robust system of independent nodes and digital makeup allows bitcoins to be verified instantly, continuously, and without fee or loss of functionality or fungibility.

Bitcoin is better money than gold for many reasons. Protection from counterfeiting is one of our favourite differentiating factors.

Bitcoiners don’t trust – we verify.


Bill gates said
"you over estimate what you'll achieve in 2 years, but underestimate what you'll achieve in 10 years"


it must have been easy to be a libertarian before the mongols showed up


Turns out, if we are all drowning, its good for everyone to have access to a life preserver – even the jerks


A morning walk is like stacking sats for your brain


I just moved 1,000,000 sats out of warm storage  nostr:npub1tcnvkw8fu29zspw54tuhfrk0tkzn6qdupmc45slt4zmase3dzqask6ctu0
 into an LN wallet for spending.

Paid zero fees other than the miner fee to get it there.
Tx was instant after 1 conf.

 nostr:npub19mf4jm44umnup4he4cdqrjk3us966qhdnc3zrlpjx93y4x95e3uq9qkfu2 Swaps are unrivalled 🐂


Bitcoin is the money you can't turn off because you don't like what someone said


Hey Neal! We are sorry to hear about your issue and will get right on it! Can you please DM us your welltag and the amount of sats your sent?


Our Canadian product line up is brimming with convenient and fast ways to use your bitcoin. Lightning buy/sell, pay bills and swap between LN and on-chain.

All of this and more will be coming to the US very soon.

In fact, in the US we just launched instant bitcoin buys (lock in rates while funding) and OTC to enable large purchases for individuals and business.


Also, can you please try again to make sure the issue is persisting and not a one time thing?


this is outside my brainpower, im gonna share this with our dev team and get an answer for ya!


Well done getting the family into bitcoin!

Either his sats have arrived or they're queued in the next batch!

If any issues arise, our customer success team will sort him out 🫡


Why does our batching service and language raise concerns?

Usually it just raises wallet balances by saving sats


You can now swap bitcoin between the blockchain and the Lightning Network for FREE 🇨🇦

⚡ Instantly swap bitcoin between networks
🥷 Available for fully verified and Lite accounts
🤑 No mining fees and 0% fees on Swaps means you keep all your sats

https://m.primal.net/LIrp.gif

Here’s how to get started:
👉 Sign in to your Bitcoin Well account and go to Swap
👉 Select your destination bitcoin wallet
👏 You are ready to Swap

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

Send bitcoin to your unique Swap address and your bitcoin will be automatically converted! ⚡

With the “Free” blockchain speed you’ll automatically be included in the next batch so you won’t pay a single sat in mining or other fees for the process 😍

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

Just like our other products, you can save (or remember) your Personal Swap Addresses to easily swap between networks without logging in 💾

It’s simple - yourwelltag@SWAP.btcw.app

Swap your Lighting balance to your cold storage on the blockchain so you can DCA frequently without a UTXO management nightmare 🤯

Want to learn more about how to Swap your bitcoin between the Lightning Network and the main chain?

Check out this article for more details:
https://www.bitcoinwell.com/blog/how-to-swap-bitcoin-between-the-lightning-network-and-cold-storage-on-the-blockchain-with-bitcoin-well-swaps

Not using Bitcoin Well? Do yourself a favour and future-proof your money
👇
https://bitcoinwell.com/app/signup


Thanks for sharing the Bitcoin Independence platform 🫡


He is 78 years old


Thanks for signing up!

If you have any questions or feedback, feel free to DM us anytime! 😇


The equivalent of taking a sliver from the family cake each night


So you're saying... we should stack more sats? 😏


The government hates savers... its why the US implemented 6102

Minimalism = less fiat crap and more room to stack sats

We like it!


Gary Gensler repeats that Bitcoin is not a security and that "You now have a way to buy into (bitcoin) through ETFs"

Thanks Gary, but we’ve had a better way to hold bitcoin for years now – its free, safer and better

Its called a bitcoin wallet

Here’s why you should use one 👇

Bitcoin wallets are secured through unhackable encryption.

Banks are imperfect stores of value, requiring a money printer as a backstop for imperfect security. Bank funds are stolen from hackers regularly, yet bitcoin wallets have never been hacked 🙅

Executive Order 6102 reminds us that banks will aid the government in seizing financial assets.

Banks took your gold once and if the government asks them they’ll take your bitcoin deposits!

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

Bitcoin wallets have more security than banks yet they are FREE!

Paying someone to hold your bitcoin will actually force you to part with a large amount of sats over time, resulting in a large value lost over time.

Compounding fees significantly limit your investment returns

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

Banks are highly restrictive

You want to move a few thousand dollars? You have to file a report.

When sending bitcoin, all you need is a recipient and a network fee and your transaction is approved

Besides, its not like you can send an ETF like you can send bitcoin

Bitcoin on a wallet enables your independence

You can safely store and transact your bitcoin anywhere, anytime

Bitcoin on a wallet is the best way to store your bitcoin


Plenty of distractions. Best to take the cognitive tools and useful frameworks and run!


I was in school from 2013-2017, if it's worse now I can't imagine!

The head of the history department was an open communist and anti-capitalist rhetoric was fierce throughout campus.

The economic dept was all keynesians except for a couple. Kinda makes sense, UofT's Econ program is a big funnel for Canada's central bank program.

And it's not like Austrian or deflationary currency economics is favourable to a HIGHLY indebted government – they can only choose inflation to help dig themselves out of the massive hole they've dug. Its goes so deep!


This speaks to my experience in UofT as a polack.

When my dad told me all the profs were communists, I really thought he was joking!

Now I realize academia is a conditioning program to breed government thinkers


Bitcoin not bombs

Spread bitcoin adoption to the point where war is no longer feasible 🧡

nostr:note1nggm63dysvw2ljnnem7nq5lpq7qr5hs0jp4juhk99jp5g26xt90qa2ns2m


Now we can allocate capital without capital being leaked away by the feds.

True capital allocation!


The first standardized gold coins began circulation at around 550 BC in the Lydian empire

Coins incurred minimal design changes until Sir Isaac Newton reimagined sovereign currency using science and philosophy

Here's how Newton changed money, and helped inspire bitcoin 👇

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

For over 2000 years before Newton, precious metal coins incurred theft known as coin clipping. A thief takes a pair of clippers and clips the edges of a few dozen coins. The clippings can then be melted down to form new coins.

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

Eventually, most of the coins became clipped, their value diminished and their function in trade lessened. It’s a challenge to find an ancient coin without evidence of clipping.

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

Newton discovered an elegant solution: the coin ridge

Instead of trusting in the value of the coin received, anyone could now verify that the coin was legitimate and untampered with because a clip on a ridged coin would be very noticeable

Mints around the world began implementing Newton’s design

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

Newton essentially invented a zero cost and instant tool for validating the legitimacy of currency used peer to peer transactions.

And we see this design philosophy also present in bitcoin!

Bitcoin recipients need a way to validate transactions at low cost. Instead of a few dozen ridges encircling a coin, bitcoiners have tens of thousands of nodes continuously monitoring the legitimacy of every transaction and minting of new bitcoin.

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

In many ways, Sir Isaac Newton is the great godfather of bitcoin. He was the first person to use logic, math and philosophy to reapproach sovereign currency, leading to England’s gold standard’s development, eventually leading to a global gold standard.

Although he isn’t referenced in The White Paper, we thank Newton because his invention of low cost currency security measures and the gold standard helped lay the foundation and inspiration for the bitcoin standard that we are all working towards

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


Time for some stomping!


The pursuit of improved margins and access to the 'top dog' commodities is a massive driving force of history and civilization

Thank you! This sounds very interesting!


incredibly historic transaction!

Who would have imagined this 8 years ago?


Full circle!

We're excited to see what you build 🧡


Dang, if he didn't get fed any of these points by his team then RFK JR truly is a bitcoin GOAT.

Does anyone know if he's made bitcoin transactions or uses bitcoin?


bitcoinwell

Bitcoin Well is on a mission to enable independence. We do this by making it easy to use bitcoin in self-custody.

Whether you’re looking to buy, sell or use bitcoin, we never hold on to your bitcoin.

Bitcoin Well is automatic self-custody.


It was surprising to see Saylor say all that on Saif's podcast.

Perhaps Saylor is falling victim to his own success?

Could he be receiving a new form of pressure from shareholders who want him to 'cash out' and 'realize' part of bitcoin fiat gains in fiat?

Natural yield will have variance in response to supply and demand shifts.


Monumental transaction, well done! 👏


https://primal.net/e/note1z9meej6up0a2f8zn49grsuksxhvcqut4nae0m5p4nvh284yh3jvsekluz6

Latin origins remain symbolic to the words we use today


DCAing small amounts, frequently into self custody is now fast and easy! 🇨🇦


What do Sumerian tiles from the Neolithic have in common with Bitcoin? Beyond their monetary parallels, bitcoin and the Sumarian tiles share a history of innovation. But how?
Time for Bitcoin deep dive!

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

During the neolithic era some 8,000 years ago, human civilization in the Middle East began to proliferate. Agricultural centres started to grow and grow, sustaining increasingly larger populations.

The ancient Sumerian city of Uruk grew to become one of the world's largest ever, with a population of several thousand. As the hunter gather way of life evaporated, a new form of governance emerged; a complicated Social hierarchy - an upper class and a working class evolved.

Previously, each city or town would have an individual who would count everything, such as taxes and barter trade. Essentially, each town selected a savvy math brain to be a 'walking spreadsheet'.

However, the city's own success resulted in the demise of the ability of walking spreadsheets to track everything. Mr. Spreadsheet needed some support to remember all the debts and their form (no standard currency, remember!).

The solution?
A physical reminder to denominate the amount owed.

Mr. Spreadsheet issued tokens to depict debts owed, for example, 10 goats or 10 sheep. These 3D tokens eventually became inscribed into tablets, closely resembling written language by today's standards.

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

Today, we'd call these tablets a ledger or a trade log. The Sumerians invented a new form of accounting - single-entry accounting. Now, a physical trace accompanied larger-scale trade and debt balances, enabling society to better scale and coordinate capital.

How do these clay tokens relate to Bitcoin?

The clay tokens were the innovation that transitioned a society from a mental form of accounting to a more standardized form of single-entry accounting.

Single-entry accounting would remain the only way to track resources until double-entry accounting was invented in Italy some 7,500 years later, ending the era of single-entry accounting and introducing the era of double-entry accounting.

Perhaps it is a coincidence, but the invention of double-entry accounting coincided with the start of the Renaissance and intellectual revolution of the West. 🤔

Bitcoin famously ushered in a new accounting standard - triple-entry accounting. Single- and double-entry accounting increased scalability and capital coordination but was an imperfect system due to its centralization. Thus, fraud and errors were unfortunate realities.

Bitcoin's triple entry account standard enables anyone to safely transact with one another. By knowing double spending and counterfeit transactions are impossible via triple entry accounting and continuous counterfeit monitoring, bitcoin enables greater capital coordination than the eras before it.

Previously, society relied on Mr. Spreadsheet, and later centralized banks, to coordinate the movement and custody of capital. The invention of Bitcoin is as significant as the infrequency of accounting standard innovation.

Bitcoin is ushering in the third era of accounting standards by further evolving capital coordination through a perfect triple accounting model, leading to an even more preposterous era of human innovation and rising quality of life.

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


I just sent sats directly from my bank in Canada to my nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg payment address. Less than 1 second from “e-Transfer accepted” to “sats received”

Super excited to release this in the wild. Well done nostr:npub19mf4jm44umnup4he4cdqrjk3us966qhdnc3zrlpjx93y4x95e3uq9qkfu2 team! 🤩
https://m.primal.net/KFAp.png


Thanks for letting us know you like it! We've got plenty more to come! 😁


bitcoiners are the sat of the earth 🧡


Thanks Cramer, we appreciate the vote of confidence!


"A man worth his salt" 🧂

You've heard before it, maybe you've said it yourself

But why is this expression used in admiration or respect, when a box of salt costs a couple bucks at the grocery store?

And what does salt have to do with bitcoin?

The answer may surprise you!

First, let's go back to Ancient Rome, its 100 BC

Salt is a valuable commodity

Salt frees people from the whims of the seasons by enabling long term food preparation

Salt could mean the difference between life and death

Salt production was minimal, salt was hard to obtain

Rome learned how to import salt from the Mediterranean, some say the first roman roads were built to transport salt from the sea to the capital

Roman soldiers were paid, in part, in salt. Likely a mixture of coinage and salt.

If a Roman Soldier slacked at his duties, the salt from his payment would be cut as he was 'not worth his salt'.

The latin world 'sal' means salt.

It is believed that roman soldiers were paid in salt and thats why the latin word 'salarium' is our origin for 'salary'.

Today salt is not a precious commodity.

Increased technological sophistication meant that harvesting salt became increasingly easier, increasing the amount of available salt and lowering its price.

This is the case with most commodities today, even gold.

As technology increases, stock to flow increases as well.

As bitcoiners know, an increasing stock to flow ratio can lower the per unit value of a commodity.

Bitcoin is immune to salt's downfall because increased technological sophistication cannot increase bitcoin production

Who knows, a few decades from now when bitcoin becomes the primary monetary system+unit in the world, maybe people will stop saying "a man worth his salt"

Bitcoin will be the money everyone desires.

The expression may even evolve to be:
"a man worth his sats" 🤔


Coinbase hold your bitcoin under a terms of service.

Hold your bitcoin in a wallet only you control. That your bitcoin is under held on your terms, not someone else's


The only way the US gets out is by printing a lot, fast.

Debasement is their only escape.


A few sats here, a few sats there. Next thing you know, you've got a stack!


He came so close to a block reward just to lose to runes 😟


Buy bitcoin on the Lightning network and automatically send it to your personal Lightning wallet  🇨🇦

🏎 Instantly send bitcoin to your personal Lightning wallet
⚡ Automatically switch between buying bitcoin on-chain or Lightning
🌎 Send bitcoin to any Payment Address DIRECTLY from your bank

👉 From “Buy bitcoin” select “⚡ Lightning” in your account
👉 Add your Lightning Payment Address
👉 Get your unique Lightning e-Transfer details

You’re ready to instantly stack sats on the Lightning Network 😍

https://m.primal.net/KJXM.png
Now, when you send an e-Transfer to lightning@satstacker.ca you instantly receive bitcoin in your Lightning wallet ⚡

You can add multiple LN Addresses to your Bitcoin Well account so you can send anyone bitcoin with the dollars in your bank

Here’s how👇

Each LN address you add to your Bitcoin Well account requires a label.

Enter that label in the e-Transfer memo to choose your bitcoin’s destination.

Example 👇

https://m.primal.net/KJXJ.png
If you send an e-Transfer to lightning@satstacker.ca and write “blink” in the e-Transfer memo, it will be sent to bitkoinrad@blink.sv ✅

If you write “mechanic” it will go to uprightart41@walletofsatoshi.com ✅

When you send an e-Transfer to lightning@satstacker.ca with a blank memo, your bitcoin will go to the default wallet in your Bitcoin Well account

Here’s the coolest part: you can enter any LN Payment Address in the e-Transfer memo and bitcoin will be sent to THAT Payment Address 🤯

If you send an e-Transfer and put any valid LN Payment address in the memo field, bitcoin will be sent there INSTANTLY!

So you can pay friends or businesses in bitcoin directly from your bank

Want to learn more about how to buy bitcoin on the Lightning Network? Check out our article for more details:
https://bitcoinwell.com/blog/how-to-buy-bitcoin-on-the-lightning-network-in-canada
Not using Bitcoin Well? Do yourself a favour and future-proof your money
👇
bitcoinwell.com/app


Hey Canada! The best way to sell bitcoin on the lightning network is here ⚡🔄💵

🇨🇦 Instantly sell LN-BTC and receive an e-Transfer
🥸 Use a Lite Account to sell up to $1,000
🏎Unique Payment Address for speedy transactions

Let’s dive in to see how it works 👇

Get your Bitcoin Well Payment Address:

⚡Select “Lightning” from the Sell page in your Bitcoin Well account to access your Payment Address
⚡It will look like “yourwelltag@sell.btcw.app”
⚡All sats received by your Payment Address are instantly converted into CAD

Send sats to your Payment Address:

⚡Enter your Bitcoin Well Payment Address into ANY Lightning Wallet
⚡Choose the amount of sats you want to sell
⚡Send sats and receive your e-Transfer within seconds

What’s a “Lite Account” you ask?

Accounts that only have a verified email address, are eligible to sell bitcoin via the Lightning Network in transactions under $1,000.

You can make a Lite Account at bitcoinwell.com/signup

Payment Address pro tip:

Remember your Bitcoin Well Payment Address to sell sats directly from your personal lightning wallet without logging in to your Bitcoin Well account!

Sends sats any time, any place and receive an e-Transfer⚡🔄💵

Want to learn more about selling bitcoin on the Lightning Network with Bitcoin Well?

Checkout our blog for all the details you need to know:https://m.primal.net/IQXj.gif


Hey Canada! The best way to sell bitcoin on the lightning network is here ⚡🔄💵

🇨🇦 Instantly sell LN-BTC and receive an e-Transfer
🥸 Use a Lite Account to sell up to $1,000
🏎Unique Payment Address for speedy transactions

Let’s dive in to see how it works 👇

Get your Bitcoin Well Payment Address:

⚡Select “Lightning” from the Sell page in your Bitcoin Well account to access your Payment Address
⚡It will look like “yourwelltag@sell.btcw.app”
⚡All sats received by your Payment Address are instantly converted into CAD

Send sats to your Payment Address:

⚡Enter your Bitcoin Well Payment Address into ANY Lightning Wallet
⚡Choose the amount of sats you want to sell
⚡Send sats and receive your e-Transfer within seconds

What’s a “Lite Account” you ask?

Accounts that only have a verified email address, are eligible to sell bitcoin via the Lightning Network in transactions under $1,000.

You can make a Lite Account at bitcoinwell.com/signup

Payment Address pro tip:

Remember your Bitcoin Well Payment Address to sell sats directly from your personal lightning wallet without logging in to your Bitcoin Well account!

Sends sats any time, any place and receive an e-Transfer⚡🔄💵

Want to learn more about selling bitcoin on the Lightning Network with Bitcoin Well?

Checkout our blog for all the details you need to know: https://bitcoinwell.com/blog/how-to-sell-bitcoin-on-the-lightning-network-in-canada

Future-proof your money 👇
bitcoinwell.com/app

https://m.primal.net/IQXj.gif


This is unreal.

I sent $21 to my on chain nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg address with nostr:npub19mf4jm44umnup4he4cdqrjk3us966qhdnc3zrlpjx93y4x95e3uq9qkfu2

1% trading fee at Bitcoin Well
0% lightning swaps with primal
$0 on chain fees with Bitcoin Well

This is the most efficient way to stack lightning in Canada and USA
https://m.primal.net/HbTp.png


Knowledge is power! The more you understand about #bitcoin, the fewer altcoins you'll find in your portfolio.

Raise your hands if you're in the #BitcoinOnly club! 🙌

#bitcoinwell #futureproofmoney

https://nostr.build/i/2d7c3c90f063ff6db94223e032ec2bc47b388e6c2c494369db3f03c6ca045a17.jpg