For anyone who still needs to here this!
* GET YOUR BITCOIN OFF EXCHANGES
(While you still can)
* SECURE WITH HARDWARE WALLET
(Keep in a safe place and if you can separate geographical)
* BACK UP YOUR SEED
(Again geographically separated)
TEST THOROUGHLY
*BONUS*
- Watch only wallet on your phone if you must.
- Lightning wallet on your phone for sweets and comics. Preferably with passcodes.
- Set up a multisig and separate keys and backups for even more security, again separate geographically.
- run a node & lightning node
3:50PM
8th November
2024
FIRST OFFICIAL #BITCOIN PAYMENT
To mark the occasion this is now on display in the Pumphreys Coffee Showroom in Blaydon.
Thank you. You’ll always know who you are and we will never tell anon.
Thank you Musqet for helping make this happen,
On the off chance anyone has the lnurl handle: eric@getalby.com
Tried to set up a sub account for my 5year old son and zapped 10k sats to him.
I think my @Alby hub/Alby go allowed me to send it to an already claimed alias (or I didn’t check well enough) 🤦🏻♂️
If it is you could you pop it back to me that would be great and he will be very happy 😃
“Welcome Eric” in the message
https://m.primal.net/LmPl.jpg
It is inevitable and will be painful for many before it gets better.
Get on the #bitcoin and #nostr life rafts, the more people facilitating this the better.
I’ll stick to being that annoying weirdo who doesn’t care how he is perceived.
(Although inevitably at times I will think:“F them if they don’t listen, I tried”😜)
Pay to reject cookies. Jesus what is the world coming to.
Pay us not to show you ads. We will sell your data legally through complex t&c’s which you agree to unwittingly, add spyware to your computer and get hacked anyway.
One of the most #fiat things I’ve seen today.
Can’t wait for #bitcoin and #nostr to consume it all.
(From internal browser in x on iOS) https://image.nostr.build/3e63f28d96df9edd723ea1f21acf40c343293d600acd7661da28f4b947c6c30d.jpg
One for the UK boomer:
Bitcoin is the “buying your council house” of our time. It’s the chance to provide for your children and grandchildren when everything else seems to be going against you.
Study bitcoin
This is the choice presented to us my modern society. HOW do we want to be controlled not IF. This is why tech like #bitcoin, #nostr, privacy tech and free speech are so important.
https://m.primal.net/KBVq.jpg
I would love to have a meetup with business owners, accountants, coders, node runners, self hosting providers etc. all in the same room to try and try to hash this out.
Getting your head around running your own node, lightning node and something like zapier is really hard.
Employers/entrepreneurs just want to focus on making their business better, employing people, spending time with their family and using their skills to do more.
I am not a coder, I am technically proficient and I am struggling.
Let’s work together to make this happen.
All of these questions are valid and need to have swift and easy answers that we can provide in the #bitcoin community in order for merchants to adopt.
We have a great opportunity at the moment and people are receptive.
I myself are digging my way through these question at the moment while trying g to set up a self sovereign payment solution.
To set up a @BtcpayServer and have all the connections required with hosting, exporting data to accounting etc. is a challenge. One that I will not back down from but still a challenge.
I have spoken to a few about #bitcoin and receiving payments in bitcoin and they are very receptive. In their eyes it provides a way to effectively save, reduce their payment costs/losses.
There is a barrier to entry at the moment though.
Here are a few of the questions:
How do I account for this with my accountant?
Is it legal?
How do I set it up?
Are there enough people who will use this?
It’s a lot of learning though, how am I going to find the time to do that?
This obviously has downstream effects for the family. I take inspiration from @sebbunney for this.
As a result, employers are not hiring as much or only hiring part time staff. They then take on more of the burden for the business themselves.
Not only do they limit employment in the area but they in-turn spend less time with their family and significant other. They beg steal and borrow child care from anyone who can help and work way into the night to keep their business going. They are more tired and stressed so the interaction they have with family becomes strained and uncomfortable.
The state of UK payments for shops at the moment is criminal. I deal with lots of independent coffee shops who buy our products and they are all battling with this.
Payment providers a charging variance of a flat fees of 10p + 2.5%, charging an epos rental charge and fee to keep you online.
If you layer this on to the post #covid pandemic’s push towards a cashless society and the fact that banks are now charging for paying in cash (if you can find one open) then small businesses are having a real bad time of it.
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