Try linking coinos with NWC.


I remember during the GBTC carry trade when it was trading at a premium. Lots of people saying similar stuff. And we all know how it ended.

Maybe they're smarter or at least less degen as in not leveraging too much.


https://www.abc.net.au/news/2024-11-17/solar-flooded-australia-told-its-okay-to-waste-some/104606640

Imagine the struggle...

It's so simple. Mine Bitcoin at the grid. Problem solved.


Thanks!

I just saw that coinos added bolt12 too. Looks like it works!


Big zap!


How does the MSTR play come undone?


We should, but the meaning might be missed


Gold digger


Where in WA?


So there's no cost for nodana?


Mmm

Why am I not seeing the vid? Just msg


Hivetalk is just a chat though isn't it?


R.I.P


So sorry to hear that.


Mike wouldn't throw a fight.


Right...

Maybe 11


Pidgin


Love how the reporter handled that. She looks like she's about 15


Barbie as in hot?


So much truth right there


https://youtu.be/izGwDsrQ1eQ?si

I miss the 80's like it were yesterday.


She needs to be fired


Sh$tcoin supercycle


What'd she say?


https://stacker.news/items/696154/r/OT

I wrote about something similar a while back. I'd like to see a lot of the functionality happening in the background or on a home server.


It can be both. Besides, we can't stop them


bolt12, coin joins, payjoin


They do zaps?


Yes, but not for the right reasons


Lol

Are you winning?


Lol

I'm always getting monero reply guys interrupting my fun. Don't you have anything better to do?


Ummmm...

Not sure what you're talking about.

What you can do is generate a new seed on the jade. Make a note of the identifier. Then restore the wallet on electrum or sparrow. See if the identifier matches.

If it matches then you can probably trust the Jade so start again with a new seed. Consider using a passphrase too.


You are starting with a brand new seed phrase aren't you?


Thanks!


What feature do we ALL want?


Good luck with that. It's a gamble


Is BS and disappointing to see rootstock doing partnerships with scams.

Cardano is centralized and we can easily swap between the two (not that you would ever want to) on a DEX. Why would you want to use Cardano to do smart contracts? If they say bitcoinOS has zero knowledge proofs then why do you need another block chain?


Devastating...


Probably not just yet.

It looks like Trump will also bring in a yuge sh$tcoin pump reking institutions and nation states. This is how they'll learn


An announcement of an announcement?

Did Justin Sun buy Foundation or something?


Told ya


South Korea, Vietnam and Malaysia?


8. We have dual funded LN channels now. I can open a channel with my butcher. They pull payments through as I purchase meat each week.

Maybe not many are doing this, but it is possible today. A crackdown would see it flourish too.


How many longs just got rekt?


Pardon? I thought you said $90000


Same in Australia

Not a peep


Sand is hard


Trust me. You wouldn't want to tangle with THIS tinsel


We're so....so early....

For Xmas


OK China

You're up


Not for long


Good times


We're up

And I had to splash my face twice


A.D.A


Yes, easy on a node like Start9. Or if you're using their cloud service it should just work


Never retire!


Looks like we're just getting started


Lightning is crYpt0's best kept secret


Immigration fixes this


Muun wallet will cause more pain in a high fee environment


One in a billion


Its nice to dream sometimes


*dopey


Funny on a number of levels


True

But also increases the cost to open and close a channel


I think retail is just starting to wake up now.


Just so you can interact with it. Ask it questions, give more examples or simplify it a little.


Good idea. Next time do 10 sats though


WTF??!!!


What else us able to do it?


Don't know if I can trust chatGPT alone with my kids. I want an offline version, limited to dictionary functionality.


A.D.


I think they have bigger fish to fry. There's still a cost to take someone down.

If you don't do anything like KYC'D base layer bitcoin it exposes you to $5 wrench attacks and social engineering attacks too. You have to do something to at least stop this.

I meant the individual mint. You have an anonymity set of everyone in that particular mint. Yes, its custodial so that's the trade off. There is apparently a way to pay a LN invoice from various mints but I think it isn't released yet.


Right out of the box? Not running a node? Straight from the exchange?


Look, if the FBI or other 3 letter agencies want to find out all your financial activity they'll probably be able to no matter the source of money you're using. What I'm saying is that LN is good enough and its getting better. There's unannounced channels, multi part payment and trampoline routing. More recently (and yet to be fully rolled out) are bolt12 and blinded paths. Then there's also all the ecash mints which give an anonymity set of all the users in the mint.

There are other tools too. Coin joins like join market and wasabi (joinstr also in testing phase). There are state chains and UTXO swaps. There's liquid, there's silent payments and there is payjoin.

There will be more too. I'll admit that it is slow but eventually there will be privacy focused wallets that do a lot of this in the background giving the user the "landing" your meme suggests. For now there's some hoops to jump through.

I don't really have a problem if people want to hold bitcoin and whenever they need to spend they swap into XMR for the payment. I just don't think its necessary and you definitely don't want to be holding it for too long. It also doesn't guarantee absolute privacy (especially for noobs).


I heard that the whirlpool maxi's moved to monero. No wonder you hate lightning


Lol


This info doesn't need to come from government. Such a waste of time.


Then why would I say it?

BTW, do you own bitcoin?


Don't you worry about my stack darling.

Generally I only spend with LN. If it needs to be more private, you can use an ecash mint.


It does take more effort to get better privacy with bitcoin. If thats your priority then thats what you should do.


It is actually bitcoin


I want an LLM dictionary device for kids. They can carry it around and ask it questions when they want to know what the word means.


How does one make money on twitter?


Stale block


I have a variety of LN wallet that I use for different purposes. Yes, zapping on nostr is custodial which I keep a small amount of sats. Sometimes its nice to know who zapped you so you can return the favor.

Where's the evidence of surveillance in a noKYC'd UTXO that does a few coin join rounds and then opens an unannounced LN channel?

I believe that you can get good privacy with bitcoin. It's just a few more steps. There's really no need to use monero.


Thanks for sharing. Didn't know about that.

But no. They weren't all the people I zapped.


I did this in my 20's. Any coins left over from my night out, or whenever I broke a note went into an icecream container. After a year I took it to the bank and was surprised to have about $500


Sh$tcoiners love to ignore lightning.

If some rando on the internet says its not private also doesn't make it so.

LN is good enough. Its growning, its instant, and its getting better. You don't need to use sh$tcoins.


Yeah?

Then tell me who did I last zap?


Is 100 TB a day for facebook accurate?


You mix yourself?


You'd have to ask the centralized exchanges.


Go on


You don't need monero

You can transact privately with bitcoin and that makes monero redundant.

The monero community is good for hearing criticism of bitcoin and also for dunking on every now and then.


Why would you want to convert into monero?


Might need more RAM too


Dont forget a sh$tcoiner too


Do we have an "after" clip?


So did 100k sats


Over 3m sats IMO


Not me bro


It would have to eat some of golds market share to get a 10x


https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/42cff93cd4f75411a735fd942c9726be6c9767a37dee05956b1a0368fe222f5f.webp

Retail still sleeping


2c to mine and 2c for security


I think around 10 years ago it felt like there were some news agencies that were at least more neutral. Now its too obvious


Lol


No wonder you're still here


I was also "from the left"

Its so difficult to find a neutral news source these days.


Mass mining exodus out of US to countries with cheaper electricity? https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/3da9c3276249bada79c9480f78f5f1211e9a445cc60431039de530ff2c77d91c.webp


Sad but true


A fake AF wannabe scammer vs OG scammer


A puppet is a particular type of scammer no?


We do need more melting Karen's on nostr don't we


You'd think people might want to get in before the most powerful country in the world does their "strategic bitcoin reserve"

Maybe they just don't trust a scammer?


Any live streams happening at the moment? On Amethyst there's just music. YouTube just crypto scams.


#ocean hash rate is the pump we should be watching.

https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/eb0e749bab4110459b6b59497b9898286a6faaecfa5fd1d25d3bbc4c6c66f64e.webp


I was just about to say this. Pretty funny


Wouldn't one simply type "where to vote?"


And into a headlock


There will be no Creed allowed in my citadel. I will scour the internet for any evidence upon entry. If I find but a "like" you will be rejected


I didn't know Mostro was live yet.


https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/90f9d5641f45e451d805964f442bbb69a61afff1dc1bfb01869e00b0e4857b41.webp

Hmmm... Under 2sats/vb


Satoshi won't likely be around to upgrade his keys. Same with all the other lost coins.


I asked this last week. No response. No invoice generation. Nothing to see either


Back into cash?


Minibits?


Great

Thanks!


BTW it looks like receiving is still working. Just spending is not


I just found out


How long has it been down for?


Yes


Thanks for trying


Thanks anyway


I had some success with phoenix before. Just seeing if it works with other wallets like strike or ecash


Testing again a bolt12 offer. Only if you are NOT using phoenix send a small single or double digit zap. I'll pay you back here on nostr. Thanks

lno1zrxq8pjw7qjlm68mtp7e3yvxee4y5xrgjhhyf2fxhlphpckrvevh50u0qtuqcdjc2kmt470wpfwjma0qf8848rm0rfxn64vsjqrx8c8j30edjqsz0ren5eezua4kt9hkady7h22dwvw3q330a76dwtpdm7ayrv776h3sqvcyj254mx8dvm2vmp4000vmr9dxez9zpn4wtwjmx3kfe3p2c5ccl82cd04870u5h60lf73l7lcx24nllkwtqgnwwa2q90snq8qjtmzswmsf4fke55e3jev54d9y3zukhczjkwltwqqshu84e9cj4nekdqj5dyz98m9guc

#bolt12
#test


reading boosts is kinda like advertising except they go for like 15 minutes


I don't really care, nore have I really looked into it, but it looks like ETH bags are generally moving to solana.


Halloween duplo https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/3d858d4aa923680f4518a39ee360b2ca0bea4cc780d18ca20c85cbcccd7bde23.webp


Common Ocean! Take these precious sats off these retarded hands


I couldn't name one of his albums or songs. I just know its him when I hear it.


Its a virus, will drain wallet


Correct answer


Depends what you want to do. Taproot for LN, segwit for coin joins, either for cold storage.


RGB is working with Cordano? WTF


Looks like it generates LN invoices


I'm not a fan, but will give credit where credit is due. He has a solid fan base so good for him


OK, it might be good enough to hide your UTXO from your friend. But not for anyone doing onchain analysis


Lol


This guy secures your bitcoin

nostr:nevent1qqs2xvut0jklwllp2q7n7fkym67uwu6j96z8p7huke2amqwua0xve7spz9mhxue69uhkummnw3ezuamfdejj7q3qaz9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgsxpqqqqqqz32zevh


Steady lad


What are you using on the back end?


Yes

But everyone can agree he's unique. You hear it, you know its him.


Correct


They millisats?


Watch the price all day


Boom!


https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/9a55d219e60809c82563a326d1a8e9caf39ac2a4c63d20cd53397c1bd02bc668.webp

More friends


Trust the experts on topics they no nothing about.


Wow!

What are the odds? 1/200,000,000?


My wife everyday


Ross?


All your models are destroyed


You missed 100


Maybe its OK while fees are low. You'll have to look at your onchain footprint. I'm not sure its the best way to get a more private UTXO as muun isn't a real LN wallet. They use atomic swaps.

Sending into a LN wallet like Zeus or Electrum, then looping some out might be better.

There's also liquid (onchain-liquid-LN-onchain)

Or a simple custodial wallet like coinos.io or blink. Send onchain withdraw LN

Conjoins are another option


Epoch?


Thanks!


Mmm, how do you find it?


While you're there, I want to test out restoring a seed. You know what command that is?


Thanks!

Thought it would be something simple


I was able to pay a 20 invoice, but yes I think that goes towards paying the fee credit debt.


To start interacting with it you type in terminal ./phoenixd right? Then you should be able to type other commands. If you notice at the bottom of the screenshot it just leaves me hanging. When I type other commands, they don't work


I'm trying to interact with phoenixd but all the guides I find are a little light on the details. I sent 20 sats to the bolt12 offer and it went through so it looks like it is working. After starting (./phoenixd) I'm unable to use any of the commands like:

- phoenix-cli getinfo
- phoenix-cli getbalance

Is there something I'm missing?

#asknostr
#phoenixd

https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/4dbaf9495a9e4f6faa9e1f32d6157596528ceba155761a18d83fd00113d73763.webp


https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/c3ece5e05e38ba1200231f16f41f4a4844c6cbcf9807604dcf084bbcf74341c5.webp

They keep them busy for a while


No, it means they get more sats.


Not necessarily. I'd be careful using it when fees go up again too


We only got 50 years?


Nice!

I've been waiting for this


Yeah, I was the guy in the corner watching the party.


Where we going?


I just had an IRL experience of that "they don't know about bitcoin" meme.

Everyone was having a great time talking about the usual social niceties.

I just can't play along... Give me some truth talking bitcoiners around here


Lol

Every Czech I know are direct AF


Plebs selling to wall street creates a stablecoin.


Lightning us getting better. Its's usually people that want to add stuff to bitcoin who say stuff like that.


Which client?


That wood?


Cambodia?


https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/08d309d2f54a2d22d945b7de915236581646fdeadbbec922be1b9f2afe93987f.webp

Is this the one?


Maybe its the other sh$tcoins?


Gates us coming for our sats.

Stack harder!


I wonder if we'll see some new forks


Love to see it!

Do we know how much hash they wereining with yet?


Thanks, this is great!

Considered posting this on stacker.news


https://bitbox.swiss/blog/bitbox-10-2024-lugano-update/

Apparently this is it!


Its clear

They're too dangerous


Is stemstr.app gone? I see nothing, also can't pay an invoice for access

#stemstr
#asknostr


Sounds like a civil war.

It has happened many times.


Lol


Lol.

What can the UK do these days? This isn't 1824 anymore


Imagine the closed channel costs


https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/da8cb0a767046eb5be490061373603caea7f8014f69024437af84a64e09dad36.webp

proof of steak


coinos.io ?


Still so funny after all these years


This


How's he going to sell bitcoin to wall st if he's associated with crypto anarchists?

Time to pivot


Wasn't this originally Rusty's project with CLN? CLN must have it working.

Ocean can pay out LN invoices to CLN nodes with bolt12.


What's not compatible? Phoenixd or the others?


It's scared.


The bolt12 address only works with other phoenix wallets. I had people try from Strike and one of the Cashu wallets. Won't work with Oceans LN payouts either.

What is the difference with phoenixd? I know they were one of the first to implement bolt12.


Where can I ask questions about phoenixd? Trouble shooting bolt12 stuff

#asknostr


Do you think its a funding issue?


I thought the whole point of taproot was to make multisig undistinguished from single sig.

Which wallet is working on this so I can send them some sats. Its been 3 years...

#asknostr


The premiums on these ATMs in Australia is ridiculous. Its like 20% and you still need to KYC.

These boomers are really getting scammed on this, but I see them everywhere


I didn't need to know this


I used to think this way

I still do, but I used to too


I like the idea

Not how much it costs


What insects?


They don't have money to buy.

Why would they buy when they can suvk you dry?


Best of luck!


Does it apply to bitcoin already bought?


Which way is it heading? I'm near Perth


Another year till the last dump?


Consider being a nym artist


Sounds like stock take


Will they learn?


How does she learn to code?


Lucky you only need to do that once


Pretty cool that you can put a msg there. Wen solo mining?

https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/6b058080c7f1dbdb177bb962e1e9446fa788c85f668cf625491ab65b3962cd84.webp


Was it one of Max's sh$tcoins?


This is why you don't simp for Elon

nostr:nprofile1qqsvvgymtym2afgf9enhuwqhkffjnc0mtusxa29ca979n49txkkxurqpz9mhxue69uhkummnw3ezuamfdejj7tjg9tx


Yeah, its my custodial wallet of choice.


Is he from the old Bitcoin Dad pod? He sounds familiar


Doesn't sound cringe.

Write it out!


I think if you're DCAing it will work out for you.


They make good products so they can continue harvesting your info for as long as possible


Lol

Partnership in core... He loves losing


Who? CSW?


Low action

Sounds nice!


Hard fork with something like if you haven't moved your coins in 20 years they are now permanently burned.


https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/3987a11d29abe6d20b5f4c688d55ed49656cda6ba538f228fc1a047340a981c2.webp

I'm also a fan


What are you using? An S19?


Dual funded with equal amounts? Or you mean sending LN payments as a CJ?


I like how they didn't take the NFT's

Just for fun


Why did universities give them a PHD then?


Yes


I want one!


Hair


nostr:nprofile1qqs8fl79rnpsz5x00xmvkvtd8g2u7ve2k2dr3lkfadyy4v24r4k3s4sppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qg4waehxw309aex2mrp0yhxummnw3ezucn89ur9eu8h Are you up for a stacker.news AMA?


Which part of Australia is that?


Chinese English names: wind, apple, job, money


I see the new terminator movie just dropped


Where can I buy that cap with the word Bitcoin but in the Metallica shape?

#asknostr


Thanks for trying.

Seems only Phoenix works for now.


I'd probably get more sats saying GM on nostr.

It would be easier too


This is beyond my level of understanding.

If this is true, my question would be why was whirlpool so popular if it was really that easy to unscramble? I think they had over 10k bitcoin moving around before the arrests.

And also if it were true, why didn't someone show us just ONE example of where their conjoined UTXO's went. Just to prove it didn't work and stop people from using it.


Facts


I believe through sparrow wallet it was blinded.


Not your money


You mean threw the money away as in fees paid to samurai?


Sounds like a good idea

Could someone just start a mint to steal the sats? Then do it over and over again?


Weren't they already paying most if their salary to taxes? Why did it take so long to leave?


Once again... The internet


Lol


Its to hang clothes up


Prove it


Didn't Epstein die on Trumps watch?


Thats human readable, I didn't think it will work yet


We're talking about something like 9 sats here.


What's your bolt12 address?


This is my "current" habit. Usually what happens is I increase to 5-6 and then quit for a while. Then usually get suckered back in a social situation which starts the cycle again.


2-3

Black coffee at home. If I have a 3rd it's usually a flat white when I'm out.


Hmmm, thanks anyway.


Thanks!

It worked. Which wallet are you using?


Did it go through?


I'm testing out bolt12. Can someone try a little zap? Let me know if it goes through and I'll zap you back.

lno1zrxq8pjw7qjlm68mtp7e3yvxee4y5xrgjhhyf2fxhlphpckrvevh50u0qtuqcdjc2kmt470wpfwjma0qf8848rm0rfxn64vsjqrx8c8j30edjqsz0ren5eezua4kt9hkady7h22dwvw3q330a76dwtpdm7ayrv776h3sqvcyj254mx8dvm2vmp4000vmr9dxez9zpn4wtwjmx3kfe3p2c5ccl82cd04870u5h60lf73l7lcx24nllkwtqgnwwa2q90snq8qjtmzswmsf4fke55e3jev54d9y3zukhczjkwltwqqshu84e9cj4nekdqj5dyz98m9guc

#bolt12
#asknostr


I can't handle seeing kids killed like that... Its beyond words


Pretty cool! What kind of tool is that?


Which one is it? I haven't seen human readable bolt12 addresses before


Doesn't lightning fix this? A coin joined UTXO opens a channel and the sats can move freely. Maybe not in larger amounts.


Nice passphrase!


This is amesome!
nostr:nevent1qqsqqqqq2h8f3aym4q4eltxh2q99m2f7yd0zkc7lg8fn9qpmhtgkcfcpz9mhxue69uhkummnw3ezuamfdejj7q3qv6qjdzkwgaydgxjvlnq7vsqxlwf4h0p4j7pt8ktprajd28r82tvsxpqqqqqqzycpe59


She will with Alby Go. You can run the LN node for the family.


Before you do, set up Albyhub with phoenixd on the back end. Then NWC to nostr, stacker.news, wavlake etc.

Here's a guide:

https://stacker.news/items/701233/

Do this before taking any more dumps on LN.


Wow...


Go and school nostr:nprofile1qqs9qp2dql3vmuetzq6hw77eeaeej2j2ughers22wch0m2jm7c05w4g7fd4xj on how awesome LN is.


They're fast


nostr:nprofile1qqsw9n8heusyq0el9f99tveg7r0rhcu9tznatuekxt764m78ymqu36cpzdmhxue69uhhwmm59e6hg7r09ehkuef0qy2hwumn8ghj7enjv4h8xtn4w3ux7tn0dejj7qg4waehxw309aex2mrp0yh82arcduhx7mn99ueat4s3

Did your bitaxe find a testnet 4 block yet?


Got it!

Thought I might need to delete those but emoji s first. Didn't need to.

Thanks!


https://stacker.news/items/265121/

This?


Sports?


Kids, but I enjoy it too


Looks nice!


Looks like an exchange taking their cut and calling it a network fee.


So the mint does individual bolt12 offers?


Its called mobilo

I think its a German company. You can make some pretty cool stuff with it.


https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/f4d6b55bc084b0123311580e258eccbbc411bbf305b8c8c1f34aea0ebb34f3e8.webp

Build


Nope


https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/5bbc52be538a48f16b5cc88dfe95220b4bdace8f24bda953f74f6b76375dbedb.webp

Do you know what this is?


This


The people with no data coming up might be the most interesting.


If there's a breakthrough in mining tech it might be possible. But not like 2010-2013


Try zap me, I'll let you know


Good find!

Hope this isn't a hint for everyone to leverage long


Last one,

So why use it with Albyhub? Its for all the NWC stuff?


Are you busy?


I think I might be missing something... What's to manage if its just 1 channel?

I like that acinq won't close the channel if you haven't used it for a while. Also that its easy to restore a channel on another device.


It manages 1 channel or multiple/many?


Currently running it with start9/LND. Just wondering with phoenixd would you only need 1 channel opened to acinq?


What does it take to be a coordinator?


https://nostpic.com/media/86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072/fcb11dd1edff8cb447984e39fcb0f7a2d29c4044e0b882fe4e072af2c967f9bc.webp

Relax

Everything is fine


Half a million sats?


They don't accept bitcoin?


Did you give him some sats or what?


Looks like the problem was with nostr.build

Not tor.


What's a nip-98 token? I can't upload a photo on Amethyst


Why?


That's what it takes sometimes. A different angle for someone to start understanding bitcoin.


Looks like nostr:nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgsppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgawaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skctc87ckyu is down.


If the website is down, is the ability to mine a block also down?


Which pub?


Maybe its just that bitcoiners know they don't need tether.


Switched from solo mining to nostr:nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgspzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcc9vs79 till they find a block. 10 days now


Who's going to buy it though? Better to use sats


A raid implies stealing sats


nostr:nprofile1qqsp986339w392eunnwzdjezhkaem6gcuhcul7vfg0ecvrh48fzpsqcpzemhxue69uhkzarvv9ejumn0wd68ytnvv9hxgqgkwaehxw309a3xjarrda5kuetj9eek7cmfv9kqz9nhwden5te0v4jx2m3wdehhxarj9ekxzmny9u9z7ty0 I just found this site on stacker.news where you can use lightning to bet on the US election.

https://beta.predyx.com/category/us-elections

Haven't tried it out yet but looks pretty cool. Can sign in with LN too.


Thank nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnszynhwden5te0wahhgtn4w3ux7tn0dejszxthwden5te0wdjkuerfwshxummnvekxzun99e3k7mgrcp7e2 who uses 3 of them to mine secretly in his airbnb

I wonder if they'll ever find out...


Mmmm, well there you go.

There's also the Canaan miner that does around 4TH for $150


Next step is to set up receiving zaps.


Price is nice, but I haven't seen how much hash its able to generate. Which is kinda the most important thing.


Sounds like a heavy product


Do paid relays get reply guy?


Maybe he just talked a lot about that stuff at uni. Billionaires need to have their capital somewhere that either increases in purchasing power or earns a yield. If they really did nothing their money would melt away.


Popular topics?


Sometimes we get snagged


APK for v0.1.0:
 https://gitlab.com/-/project/61899800/uploads/8126e8f147ec28a15ec2b88af1be580c/Joinstr_v0.1.0_release.apk

test out joinstr with signet. They need some feedback.


I don't block

Here are the common themes of your writing:
- You're all computer illiterate
- I've been in this longer than you
- maximalists can F off
- If you don't get it you're retarded

Besides these common themes I see general vagueness. Spit it out bro. Say what you mean.


I look at it from more of an economic angle. What is the cost of flying planes to release chemicals? What is the effect? Would it be worth the cost?


The theory is fine, Lightning has many possible vulnerabilities with respect to privacy but so does Monero, even Monero has been under attack and vulnerable for a long time.

Theory is fine but you have to put the attack into practice.

I feel that many of you here are aspergers and don't understand that things are not black and white.

To your regret, Lightning offers a good level of privacy for the sender and it is easy to get a good level of privacy for the receiver through swaps without having to resort to a shitcoin.

😉


Forked from where?


I don’t recall you posted a question about one of the block’s timestamps being in the past compared to the older block, but here is the answer. 🫡
(Study what you preach, not only in spirit but in practice) https://i.nostr.build/M0br29CEN3yypSgN.jpg


Your "whataboutism" is just a difference in opinion. Your writing might get more traction if you didn't insult as much.

You seem to be imaginining a particular stereotype of bitcoiner and basically lumping anyone that disagrees with you into that pile. Good luck with that.


Or simping for Elon.


They also use USD in El Salvador. Maybe he just continues to use that.

We'll see. He'll get it sooner or later just like everyone else.


Probably Parker


OT

#bitcoin Father, Husband, Bitcoiner, Musician, Composer, Traveler, Dhama Believer, Lard Maximalist


Looks like you had a good one


Where can I get one?


$2 million dollar bitcoin?


Evil empire


Your npubs reputation for mine.

You lose and don't pay I will shame you everyday. Shame me if I don't pay too.

Its better than some random running away with 200k


Fork amethyst


Look like an onchain TX


I saw that they'll need to check with the court to see if the way they "hacked" the network was legal.


I felt like Saylor was deliberately trying to distance himself from Saif.


Canaan

https://shop.canaan.io/products/avalon-nano-3-sept-future-with-au-adaptor?VariantsId=10389


Hezbollah didn't verify

You'd think they might be smarter than that.


Show us the math bro

Where's your work?


This pager attack is crazy! Did they really manufacture a bomb and Hezbollah didn't verify?

Imagine every IPhone 12 exploding across the world at the same time....

https://www.abc.net.au/news/2024-09-18/hezbollah-members-reportedly-injured-by-exploding-pagers/104363422


Would you borrow for that?


https://fountain.fm/episode/3QQZCHaUoDwtE8S63A9Z

Saylor wants yield on bitcoin. Who would borrow bitcoin? How would they pay it back?


I was just thinking what happened to that guy. Haven't heard of him for years


You git it?


More like how pointless a new testnet is going to be if people are going to use industrial miners to scam with.


That's right. They have to earn it.

I remember Kerry Packer sent his son to work herding cows in the outback. He had to prove himself


Which sh$tcoin are they launching on?


The stacker.news NWC doesn't seem to be working. Maybe its an issue on their side though. They have 2 strings one for sending and one for receiving


LMAO!


As for gov, we'll have to wait and see. Still only 5k BTC circulating on lightning. A lot of laggards just hodling their sats onchain. A rise in price combined with consistent high fees should get more people willing to start learning about lightning.

I know some devs have given up on it but I see it getting easier to run a LN node. Start9 is just a fee clicks. Albyhub has a lot of potential as you have integration with nostr and zaps.

The biggest problem is the uninitiated forced closes when onchain fees spike.


What's wrong with duckduckgo?


Its not recorded onchain. We just need more people running LN nodes or at least using LSP's.


Do they come with any signet?


On liquid?


They've been around for a while now. I think lightning has fixed the need for these, but lots if bitcoiners still doing payments on the base layer.


Got it!

Thanks


Never forget


Enjoy the moments,they won't last for long.


You end up consolidate those small UTXO'S when you withdraw from Wasabi. But this can be costly, even with zero coordinator fees. Keep an eye on how many sats came in and how many go out.


This is the stuff that consumes my free time


This case fits the #bitaxe supra 401 board like a glove. I've been running it for 2 hours and temperature & fan speed show no difference. I like the design, the two pieces press fit together. It is very secure, and a little twist with a sharp edge at the seam will pop it apart if needed.
https://i.nostr.build/qYdn4Vwxp37rPXQw.jpg
https://www.thingiverse.com/thing:6759987

I removed the screen and reinstalled it after sealing the case. It somewhat supports the screen which is nice.

nostr:nevent1qqswvxcq58qfx4xqyleyu2pm8pf6hyfe99w9av5ls5vh6hhtpdnetaspz3mhxw309ucnydewxqhrqt338g6rsd3e9upzph4t08d058ptuj62d5av5y6hkm92pd6yhar26556ttjxg2y908ngqvzqqqqqqy79wfkd
#bitaxegobrrr


Similar stuff, but on a boat instead of the motorbike


I guess you're not on stacker.news


Yeah

Maybe cause it was also an amazing time when I was younger and traveling the world. I think he has some interesting philosophy like romantics and .... (Can't remember, but more structured people).

The sequel Lola was also great.


Zen and the Art of Motorcycle Maintenance - Robert Pirsig


My problem is usually with the people interviewing her. She make some huge sweeping statements and no one questions her in more detail.

This is why I can't listen to her anymore.


How would that work? When a new merchant is verified a note of it is automatically relayed?


No music?


Did #albyhub remove the "friends & family" app? I saw it on the recent BTCsessions video


It would be funny if we had the top 6 months ago


There's a bitaxe group on telegram. Maybe best to ask there. https://image.nostr.build/68d584ad94f8cb1dea6c52908e05965a7a344a006f10dcccdc02811b8dfd6dd0.jpg


Check that you've entered the right details and port for whichever pool you're using.


Does it show anything on the screen?


Black rock or their clients?


Nice one. I'll have to keep an eye out on gum tree. I see most are using FB marketplace, but there's so many scammers


How'd you get a $50 Dell?


Why?


Why would they walk away when the hornets nest got kicked?


Try brushing your teeth with your left hand.


There must also be some ecash scams


Large population of dense people. Most will love that the gov is there to protect them from mean words and "conspiracy" theories that sometimes become true.


Mine too, just having some issues getting it to work with stacker.news and wavlake.com


Amazing!


Melbourne


We hit ATH 6 months ago.


Interesting!


https://www.abc.net.au/news/2024-09-11/raygun-ranked-number-one-in-the-world-explainer/104335934

Lol


I guess we're on a sats standard

Bits maximalists in disbelief


Lol


The premium is usually really high too


Remember electrum?

Still going


Who's music can he use?


That was weird. I liked it though

Nice work!


So you're saying monero scales 8 billion people on the base layer? Why don't other block chains just put dynamic blocks and we don't need to argue anymore cause it works.

Because it hasn't been tested yet.


nostr:nprofile1qqsp986339w392eunnwzdjezhkaem6gcuhcul7vfg0ecvrh48fzpsqcprpmhxue69uhhyetvv9ujumrpwaskcmr9wshxzu30qy28wumn8ghj7mn0wd68ytn00p68ytnyv4mqz9nhwden5te0v4jx2m3wdehhxarj9ekxzmny9u892t2l

Are we still on? I'm OK with putting your npub against mine as a kinda "trust me bro" bet.

I just want to add 1 term. If trump gets assassinated before the election bet is off.

That would be chaos.


Some of us didn't think we'd see fees this low ever again.

That's what it is for now. Everything has tradeoffs. People who want to put in $50 will have to start with custodial LN, liquid or an ecash/fedimint IOU. If they don't continue to stack, then they will stay there. Hopefully they'll learn the benefits of bitcoin and continue to stack towards selfsovereignty by either transferring that onchain in a larger UTXO, or into a self custodies LN channel for spending.

The stuff you argue about for Bitcoin is the same stuff your other block chains will need to deal with once they get significant adoption. Which is unlikely ever to happen.


That example isn't unique to bitcoin alone. It applies to all KYC'd "crypto" including monero.

I mean, thats one of the reasons bitcoiners have this HODL culture. In most countries there IS a capital gains tax from spending bitcoin. So why would one spend it when they could spend their worse money first.

There's an argument that this kind of thing might be good as it shows why noKYC often comes at a premium but its worth it.


Custodial LN is like leaving your bitcoin on an exchange. If someone is selling on darknet markets AND using custodial LN then they kinda have a death wish.

Onchain fees are 2-3 sats/vb at the moment. Anyone can open a self custodial channel and turn on MPP so that small denominations are getting routed around.

I think it would be naive to think they didn't have LN nodes up and running, but like I said,  they're a black box. They make sh$t up like with the bitcoin fog guy and get away with it. Who knows what they really can or can't derive from the LN network.


What happens to your npub on day 22?


No, using different usernames or relays now


64% funded. Let's go Nostrplebs!!

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

nostr:note1aev0t587nkp8ts072w2f4vxd6efrtft2nskhyne3daqst36cwpfqtnanrk


I smell cope.

Its imagination that monero will overtake bitcoin as the dominant money on privacy alone. Plebs can get caught using monero too if they aren't careful with how they acquire/spend it. You didn't provide more details and chainalysis is a black box


I love it!


Do you know what block it starts?


Might be a similar issue.

Make sure your phone is set to the right time zone. And set the VPN to a similar time zone. See if that works. I'm sure that was fixed when I did it


Wow...


I had this issue a while back. Which OS are you using? Calyx?


The letter is a cheap way for them to threaten you than actually calling you in for an audit.


Poor


Depends if you can sell them or not


GM and PV from the nostr:npub1exhs75tcymvhhhn6x8pqg2y9take523wwhda39d483rdgc5v4x5s6jhdxk #austriches.

#bitcoiner #nostr #plebchain https://i.nostr.build/t8zyo1RhITPmBEDL.jpg


Thanks!

Looking forward to reading it


Hi everyone!

here is the free PDF of my bitcoin novel „Walking Banks“ for everyone to download (hosted on nostr.build):

https://d.nostr.build/UlE0X93faO1XxD9l.pdf

It is a murder mystery thriller with Bitcoin as a key plot element without being the focus of the story itself. Please feel free to share it with fellow Nostriches if you like.

I wrote this book for two reasons:

a) To provide a couple of hours of enjoyment. „Walking Banks“ does not aim to be high literature, but rather an entertaining read.

b) To contribute in my own small way to the growth of the Bitcoin community and network. Bitcoin has become well integrated into the lives of those interested in finance and freedom, but discussions about it often remain confined to those bubbles, reaching only a select niche. I believe the next important step for Bitcoin is to become a common topic in everyday pop culture - whether in art, music, films, books, or other media. This book is thus my attempt to "orange pill" a broader audience by weaving Bitcoin into a fictional story. My hope is that it sparks curiosity about it in the reader in a natural way, without being too forceful or preachy, for readers who might not usually consider these topics but enjoy a good murder mystery.

I believe Bitcoin and Nostr are joined at the hip, as both stand for freedom, sovereignty, and independence in an increasingly controlled and surveilled world. Everything that helps Nostr also helps Bitcoin, and vice versa, so I hope I can contribute a bit this way to Nostr's exclusivity and value content proposition.

Thanks to  nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx, whose advocacy for Nostr brought me here,  nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu whose work at the HRF is inspirational,  nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac who told me about  nostr:npub1nxy4qpqnld6kmpphjykvx2lqwvxmuxluddwjamm4nc29ds3elyzsm5avr7 so that I can host the file and to  nostr:npub1smreuk4gcs0k3jdz8zzckzxy6c7pkr8x6nafd5e2jr0jt0vrkpeqvpxn8w, who first put the idea of sharing the book on Nostr into my head!

I hope you enjoy the read.
AH White

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

#nostr #bitcoin #books #grownostr #literature #artstr #nostrplebs #btc #freedom #artonnostr #bookstr


I wonder how much it costs for such an attack...


Why are my normie friends buying new >$50k cars? Did they not get the msg?


Depends on the product. We bought some old 2nd hand hardwood furniture. It will last 4eva


Blocked it using amethyst. Its working


Didn't know XRP army was still a thing. They don't have anything better to do?


Which pool are they mining with?


Which sites are taking it down?


Homeschooling? Yes


I started with a Nokia around 2001 I think


Lol


Looks pretty cool. Is this real or marketing though?


I mostly agree. Just one thing. It's probably not going to work out well for you if you do everything yourself. I think this gets mixed up in the ethos of holding your own keys (which you MUST do yourself). When you're building out an idea it's best to collaborate with people who specialize in fields you can't possibly compete in. Maybe you're a Dev, your design skills are probably not good enough. Maybe you want to sell something, your website skills aren't good enough.

The division of labor.

Its still a thing with or without Bitcoin.


Not gonna lie, it looks kinda scary.


There might be some underlying bias. Like if you listen to your gut feeling and do the alternative and were wrong, then the feeling is strong towards "trust gut". However if you go with the gut and were wrong we don't get the same kind of emotional reaction and its quickly forgotten.


How far away is it? It might take a few hundred years


Hi


It looks the same


I plan on trying it soon.


Amir is the only guy I heard utter the words "darkfi"

I thought it was pretty cringy too.

I think Amir just has this problem that he can't handle being into something thats somewhat mainstream. I know some musicians who are like that too. When something becomes cool like rock, punk, hip hop they all like "they're all sell-outs" and move into something more obscure.

Amir has this problem. Bitcoin is too mainstream for him. Monero might even be too.

Good luck to him


The BBC has been biased for some time now. It's hard to find a news site that tells unbiased news


Is it you?


Mine too


Could be a VPN

Does Palestine even have internet access at the moment?


Philippines?


Exposes the chest and neck

Don't do it


Welcome


The odds

A bitaxe has a miniscule chance of finding a block. The one found in July might have been running 5-6 bitaxes 2TH/s. The recent one was probably not running bitaxes as it was something like 30PH/s. They just got lucky solo mining.

If you're using an old laptop it might be something like a trillion to one odds. Use it to run a node or a nostr relay. You need something more powerful to mine bitcoin.


And BTW, I should clarify my position.

South park nailed it a long time ago. The US elections for as long as I can remember have always been the giant douche vs turd sandwich. Always has been.

I'm not from the US and don't really have any relevant opinion on the outcome. The mainstream media in Australia also hate Trump so it might be more annoying seeing them lose it from time to time.

There are 3 reasons I think Trump will win. The first is that I had a late night call from a friend in 2021 telling me that Trump would get back into office. He also said that he'd put his life on it. I told him you probably shouldn't bet your life on something like like that, but he has held this view since.

The second is that I heard on Hell Money podcast on bitcoin and astrology that it looks like a Trump win in November. I'm not a believer in Astrology, but she was right about the craziness in March with the halving and launch of Runes. So why not?

The third (and only somewhat logical) reason is the photo of Trump pumping his fist with blood and the American flag. The mainstream media can suppress and censor the image, but when voters actually go to the polls to vote they will see it and it will influence their decision.

So, I'm interested to know why you think Kamala will win. Is it because she's leading in the polls or controls the mainstream media?


Cool, let's see if Odel has time


Ok


So who is a liquid user that we can both reasonably trust?


I'm OK with liquid but Odel doesn't have a liquid wallet unfortunately.

OK, 100k sats is significant. My bad. But having a 100k sat UTXO is probably not going to work out in the future.

Lightning is for transacting. Liquid can be too, it just has few users.


Needs to be on lightning bro. Its built for smaller amounts like 100k sats. Its instant and private.

nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgprdmhxue69uhhyetvv9ujucnfw33k76twwpshy6ewvdhk6qguwaehxw309ahx7um5wghx6at5d9h8jampd3kx2apwvdhk6qg5waehxw309aex2mrp0yhxgctdw4eju6t0udvd2m might have a lot on his plate but if he's OK. I'm good.

We could also find a trusted 3rd party where we each send 100k sats to now, and when the results are in they send one of us 200k


Fees are low at the moment yes, but that can change in a moments notice.

Let me look around to see if there's a safe way to bet with LN. It should be possible with hold invoices, its just they don't usually hold for that long.


So cute


That was unexpected...


Is that LN? It would need to be settled in LN as we don't know what onchain fees are going to be at the time.

We might need to talk more about the terms. Like if its contested and both sides don't agree etc


A fly you can get up and try to squash. The government you cannot.


By stealing it?

I might take you up on that...


Wasn't Trump still in price when COVID started? Then why did the Biden administration have a say in what Facebook was doing at the time?


Let's just call them sats from now on.


Terrible


What a funny thing to do... Its tempting though. They grow so fast.


buy bitcoin


The funniest is when they say solana ecosystem


I thought stable sats is based on traders doing their thing (some go long, some go short). So I don't see how it is akin to printing fiat.


Ahh, I remember this clown from the time he said Bitcoin would go negative. Lol

How's he doing these days?


https://image.nostr.build/1aad464a467475951348c9db76729dcb247583938992bfe5b02e2d822025b6e4.jpg

This was huuuge!


If there's an mETH ETF there will likely be others. Maybe they won't make it in time for this bullrun, but I'd imagine scammers being creative on how they will get some of the big boy $$$.

Like imagine a company with stonks doing the MicroStrategy play but with a basket of sh$tcoins.


I doubt it

Most people/companies/nations still need to go through a sh$tcoin phase to appreciate bitcoin. We all need to learn


Literally my only PR. Lol

You get one for joining too


Weird statement to make... Pivot into bitcoin? I'm pretty sure if was the COVID hysteria that got Normie's to pivot into bitcoin.


Thats what I thought, but on the Zeus screenshot it said custodial


Is it really custodial? Or is that an error msg?


It is weird that people can still get interest only loans. I thought they took it away, but they must have brought it back. Our politicians would all be effected after all.

As long as you have the stable job/income, banks are happy to lend as much as they can. Its earning them interest after all, and we all know property can never go down right?


Must be an old video. You can't get anything for $300k these days.

I'd love to see more property getting built to bring the costs down. Doesn't look like it's going to happen and everyone still thinks its up only.


Reminds me of something....


South Sydney as in the shire?


Finally some good news out of Europe


Hey


Close the bank account, take the cash and buy on bisq or hodlhodl.


Disable notifications


What a zinger


I think he was posting too much and not getting enough engagement


Wonder how it works with bitcoin then... Must be silent payments. Not sure there would be many using base layer bitcoin for tipping. Maybe as payments for products, services or gigs.


Cake wallet has lightning?


A capsicum yes


The question is if bitcoiners can produce things... Might be the next generation of bitcoiners who weren't able to buy it so easily.


Definitely

I've listened to a couple of audio books on home schooling. Free to Learn and Unschooled. I'd be interested to hear about your approach, if its any different to basically kids learning by themselves and we just support their interests.


What's going on there?


Anyone using Wormhole William?

6-responsive-adult


That doesn't look like food


Its that easy?


https://image.nostr.build/60773a9d60cffebadc651e841bcde7a5ea407c9c58fd8a98a95ffe3ad487fd3f.jpg

Why must I have a twitter account for testnet 4 sats?

nostr:nprofile1qqswx0lxtu0au3xxmst7avu0mtg0e6h3et58ygyyxvhdrceyjc536sspr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uzx28ay
nostr:nprofile1qqsrk63a8wentzpk5ex3eqpf9wtww6vwcddzuh9y2800567n4ulwhpqpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhshh5hk7


Its not just Alby to be fair. This often happens when fees suddenly spike.


https://image.nostr.build/f0129aac582d1f0e2fbabed7329290bf1a20875caf6107c8239a4676b5c649bf.jpg

Before buying that flashy new toy for your kid, give them a piece of string first.

#kids
#savesats


It sounds like a lot of channels got forced closed during that fee spike the other day.


Don't consolidate UTXO'S.

https://stacker.news/items/658444/


That sux

I had mine banned a few years ago and couldn't get it back. Automated response from bots.

Thats why we nostr


I'm pretty sure there will be starlink competitors. There's also the idea for mesh nets.

But you bring up a good point. We should be doing more to prepare for these kind of situations.


Maybe he just kept some of his shares from before


It could be you next


You can hear Americans smacking their lips while chewing their gum from a mile away


I got into vipassana meditation about 20 years ago. Although I'd like to practice it more, I can't really find time to get back into it.


In LN or is it a custodial wallet?


https://image.nostr.build/89731a7e816913f12683e659c19cf68beb49546e582756a014d0dad8b332a6a6.jpg

ocean.xyz got 3 blocks today


https://image.nostr.build/89731a7e816913f12683e659c19cf68beb49546e582756a014d0dad8b332a6a6.jpg

#ocean.xyz got 3 blocks today


Lol


Nah, Americans are just loud. It's funny watching them try to be humble too. Lol


boltz.exchange


Get him on nostr


I wonder who is the trust and executer...


Does he have his own phone?


This!

How about hardware wallets signing? Still waiting....


They look empty if anyone cared to look


Between android and iOS too


I was hoping they would have added receiving for silent payments.


Undefined equals zero


And it wasn't even his


Can you withdraw it?


Thats very creative of you

Run along now


Is that in WA?


He works on lightning too.

So should you


Better if it wasn't done on a Mac


Its emerged but still pretty loud! Lol


There's always goinh to be something to spend it on. Build a theme park or something


A $20 million BTC fixes this.


It only for owls


How will apple take their cut?


How?


Pay 283 people and wait 1 year


Is that the libertarian paradise in the EU? When did they start sh$tcoining?


He might get a free trip back to the motherland


I know there's not much we can do, but its only been 6 months. How much will they have in 5 years? 10?


Not good


Lol


He looks young there


Its not hard


Saylor?


Who?


This is worth getting killed by your wife.


Might not need it if they can do it without one

https://stacker.news/items/643429/


Didn't China get the most in 2008?


This explains it well.

Thanks!


You have waited a long time for this moment.


Looks like a normal TX on mempool.space


Never use coinbase


*theirs not my


Bolt 12?


Might not bro


Was it the jazz or the coffee?


Well, the example people like to give is the $5 wrench attack. They force you to send them sats to their address, and later on you can reverse the transaction by changing to an output address that you control.


Terrible

Why would they risk it?


It pays itself


*2015 & 2018


And see the same argument go round and round again


I heard somewhere at Bitcoin Lake they do something similar.


Sounds like a good idea. But wouldn't some of the chats get super long?


Thanks for this reminder


IDK about kycing the whole chain. My example is that you need everyone using Bitcoin to know the difference between address types. Like imagine I swap bitcoin for cash, wait a few days before reversing the transaction cause my trade partner doesn't know the difference between bc1q and bc1x.


Robert Pirsig


What if you only have 3 nickels?


Them 1 sat/vb?

You never know. I didn't think we'd see 2 but here we are.


Let's start with 100k


Will the new one be able to swap out a 2TB SSD? I hear the old Mac mini's made awesome nodes.


Who said we're getting op_cat?


That would take days


You love it though


Good question.

I think the main incentive is that its best to play along. Then there are others like if you can hold it longer it should be worth more in the future. If thats the case, wouldn't you invest some time, energy or sats to help secure the network? To stop it from centralizing or to help grow the network.


He could

But wouldn't he have better or more important things to do?


https://image.nostr.build/caceac8b763091cdcaadacd2b45a96b8550957c08a841d921d09e1f7020d6eca.jpg

This chart says otherwise.

How would they track the LN payments happening between opening and closing the channel? You could have channels open for years too.


Maybe as a classification. But there's a big difference between bitcoin and crypto. Thats what people mean when they say it.

The original Mona Lisa is different from all its copies yet they are all paintings...


Water


So clear...


What makes you think that Monero won't also be gamed?

I don't see how its possible for AI to see inside every unannounced channel. Lets not forget that here are hops between different channels too.

The other suggestions about using Graphine and ditching windows/google I agree


I see monero bugs talk about it. And I do believe that AI will make tracing users on the base layer easier for authorities, but also easier for users. This should simply drive more lightning adoption for everyday transactions and hopefully encourage more ordinary users to buy noKYC sats and conjoin.


Jordan


Its an ideal for non custodial LN wallets to strive towards WoS. Phoenix is pretty close. I like Electrum personally as it has coin control.

Anyway the extra inconvenience is worth holding your own sats.


Onchain fees are pretty low now. Close channel  into liquid


It did have a similar "capitulation" feel to March 2020.


How far can the signal go?


I think you'd analysis is a little naive. Few exchanges with thin order books are a playground for pump and dumps. Whales probably have other more lucrative sh$tcoins to play with for now, but I wouldn't count it out.


There's no point on buying monero on kraken.


I've found multiculturalism to be a net positive.


Where is the test?


They love to ignore lightning


It is with lightning


Check the fees at the moment. Also check out lightning


Aren't you an Australian immigrant yourself? I'd have a guess that a last name ending in "ski" would originate from Macedonia


Didn't monero drop 20% when Binance delisted? Wasn't that a dump?

BTW, where can you even buy XMR? It being so illiquid there's likely a lag on the dump


Lol


https://stacker.news/items/619262/r/OT

I've had a few bad experiences with them. This was a recent story about a scammer who likes to use PayPal as its easy to claw back your money.


I wouldn't, but if thats your last choice use hodlhodl or robosats


Retail died


Not the ones who won't let us buy the dip


Looks like I might need to buy one of those.


More interesting is the BTC pair


Slay our hero's


Do you have many channels?


What did genXers do?


Sounds like its money for enemies becoming money for enemies. Bob can hold soverign bitcoin and Alice can buy an ETF.

No need to leave the internet cause the worst people or corporations are also using it. Right?


How much are they going for?


Nice to learn a new word.

But if I mention Gary or Linda or Bob you probably wouldn't have heard of them as they failed and went on to work at KFC.


How about all the companies that failed cause their CEO wouldn't listen or evolve to change?


I think lightning for everyday payments gives us "enough" privacy. If you are buying something illegal it might be better to trade some BTC for XMR for that trade at this point in time. I don't think it will work out well for monero in the long run. As Bitcoin adopts more privacy tools it won't make sense to hold anything else.

Just because BTC has become mainstream and there are a bunch of influencoor moon boiz, doesn't mean that bitcoin can't have cypher punks. Kinda like how fiat money has bank accounts yielding interest, it also has cash that you can transact privately p2p.


Wow....


Only 21 million I've been told


All them intellects bought HEX

Lol


Or you could bury some steel washers in your backyard


They sing it like this in China.


Lol


Ahh... Good ol Glass. Always crazy


So Zeus for the point of sale and Alby for receiving capacity?


I'd love to believe that, but the odd are not in its favor. I think the latest bitmain model does 350TB/s. Thats 700 plebs with a bitaxe per machine. How many machines are they making?


Good question

I feel like they've stopped working on it. But for something that important you'd think it should always be able to sign.

If not, import it into another wallet


They are different tools right. Not enough people use liquid unfortunately. I think liquid is complementary to lightning as in its a good way to refill a LN channel.

Conjoins are better for larger amounts. They might be more expensive but the funds are self custodial.


This


No, it works well. Some dust still gets through though


Mmm... So like stable sats or DLC's


Brrr
 https://image.nostr.build/087c29182bace662bc7f1192dc0dc4b5c4e9cf6ec4580ea00cfe8a2063a45de0.jpg


Bitaxes are not securing the network. I wish it were true though


What backs the USD here?


When is cake doing lightning?


Makes sense, they don't have it do they


https://image.nostr.build/c24f1c37c71572d64f0ecc41aba3e4b6ff75366f6d58cfe99bdf7bc5be771004.jpg

This was fun...


If we can get the cost down on an open dime type product similar to what an 2GB USB costs now (~$5) we can have small change exchanging hands without using the time chain.


I had mine banned 3 or 4 years ago. No human to appeal to. Although I lost all my content, I found that I don't really need YouTube anymore.


Coinbase?


Why not


Lol


You could argue that its a safeguard against $5 wrench attacks. If you still have the money and can reveal it, it was never laundered


I have one, its pretty cool IMO


Their algorithm is creepy in that sense. I've found that leaving items in your cart for long periods of time can get you a pretty big discount if you wait long enough. However, their algorithm might have realized I'm tight AF so this hasn't happened for a while.


Who got robbed?


Not a good idea to consolidate if you value privacy at all.


Arbitrage


Sorry, I don't understand. Where would the 5x more hash come from the bitaxes?


I think we have some good pleb pools. We need to join forces and start finding blocks


Thats right. Its not strategic if you announce it before doing it


Lightning?


How so? A conjoin is a collaboration and collaboration is like what communities do. NoKYC is just like a cash purchase right?


Monero bugs?


There will be more


Wait...not sure about green wallet


Sideswap and green wallet


Thanks for sharing!


Was my first also


Not all bitcoiners like this.


Just posing you mean


Not going to happen and thats a good thing


The crowd applause was the worst part about the "strategic reserve"


It's not strategic if you announce it


This
nostr:nevent1qqsg3tttg2xa00er90xe5t98p99dgwsmpr5ya88j0d9eerw88q9vt5qpz9mhxue69uhkummnw3ezuamfdejj7q3qj3de6gaj70jdr9muf0nq29wwps3wqxdqz3g7e5e67yyquhn6grksxpqqqqqqz5ep4gw


I'm more shocked by the applause. WTF are these bitcoiners thinking!?


The change could be paid out with any token through atomic swaps. As soon as the onchain TX confirms the change is released.


Getting schooled?


I wrote something about this issue.

https://stacker.news/items/506979/r/OT

Get credit with the company/service or get the change in lightning. Keep them UTXO's whole!


https://open.spotify.com/episode/2HeokIKLi0kRmGATY6QtQq?si=lzfaWJQ8TRWrgoP1loNlng

This was painful... Yet I had to listen to the whole thing over 3 days. I thought Vlad did a good job arguing for bitcoin and Justin's arguments were pretty weak. He can't really commit to even 1 other coin.

The most ironic thing was the lightning pill at the end. Vlad has been kinda sh$tting on lightning for a while but it was showing him how it worked that got some interest from Justin.

Justin is a bullsh$t artist. He says he's up to date with everything happening in bitcoin and yet had no idea what nostr was or the 2 biggest LN wallets WoS and Phoenix.

Mind you, the lightning experience that Justin had is only possible due to low onchain fees at the moment. Lightning still has a long way to go, but we need it or something similar. Something that is bitcoin, instant, cheap and sovereign.

nostr:nprofile1qqs9qp2dql3vmuetzq6hw77eeaeej2j2ughers22wch0m2jm7c05w4g7fd4xj


Lol

Shame I missed that one...


I don't think its that cheap. The chips alone are at least $12


exactly!

I thought it was ~500GH/s


Wow...

Where?


Solid advice, I'll keep it in mind


Once a year or every few.


Tis


Hate to say WoS just has a better user experience.


Wen?


How so fast?


I have a nerdaxe. It is based off bitaxe


https://youtu.be/rwru3q10LW0?si=pfyZy-GISid9-1P5

This guy says it best.


I need some friends using this


I Want You Back is one of the top bass lines of all time.


Really? Why stop? Did Bitcoin win already?


Hash rate is pumping!


Did MicroStrategy?

Remember that?


Looks like the fact checker was an algorithm. Any human that actually read this would have no problem.


Dalsium


Must verify all keys from now on


*in heaven


I feel like he could flip on his bitcoin position again


Didn't bitmain at one point had patents on mining chips?


Thats what it looks like?

I thought it self destructs like on Inspector gadget.


He's got some moves


One in a trillion


https://m.youtube.com/watch?v=uzIw425evUQ&pp=ygUOTWFyY3VzIHJvYmVydHM%3D

Everyone gets into jazz at the time they deserve


Mmm, 1 by 1 they all come around.


I know what I would do


You can swap LN with on-chain


Amazing story and some solid advice.

Bitcoin came into my life and meditation kinda went out. Might be time to do some of both


Is that like Calyx or Graphine?

Does it work on all Motorola models?


Would be nice, but windows users don't know that Linux exists.


Lol

At first I thought that said compiled

Both are funny!


Go to the bank and demand 1 penny


Sauce?


Would have been fun


Gun without ammunition?


Good for you!


I'd love to have that workshop!


Why did mempool.space remove liquid from their website?


Mine is still up.


Lol

The UK....


ZZ top?

Thats showbiz. It looks cool!


If its that urgent, join 7 exchanges and buy $10k on each.

Otherwise lock in an OTC wire transfer


What do you mean?

You might have misunderstood. Some banks like COM were blocking payments into exchanges. Just wondering if its still happening.


Lol


I love how it shoots it out at the end


Are many banks still flagging payments into your exchange?


Divine intervention or luck?


They're going to try yet another sh$tcoin.


That would be nice


Thats what I was thinking. Its in every movie!


Is it him? Remember Balaji was here for about 5mins too


What's the capacity? Does that depend on the mint?


Looks like mempool.space removed liquid


You literally have a picture of your biceps.

Lol


But the floor will get wet


I think there's a bit more nuance than "seed oil bad".

I personally don't wear sunglasses and very rarely apply sunscreen. But one thing I don't do is f$ck around with the sun. That means I try to avoid the hottest hours of the day in summer, and get some in the morning or afternoon. There's also the factor of time in the sun as well as recent sun exposure (already tanned?).

If I need to be out in the middle of a hot summers day I'll wear sunscrean and I think I'll be OK.

About seedoils, honestly IDK. Apparently the Japanese live the longest and they eat rice. Is rice a seed? I know its a carb, and carbs are meant to be bad too


So you're saying 7 years to onboard the world to monero was long enough? Sounds pretty high time preference to me.


I doubt it. But it might make nice story to tell.


Whay i cant figure out is how they got my number to appear on the receivers phone...


I got a phone call today from a random number. The guy said that he had a missed call from my number and he was calling back. I had 100% not called this number, and it has happened on a number of occasions with different people.
Its pretty obvious that the person on the other line is not a scammer as the conversation usually ends pretty quickly when I say I didn't call their number.

So I'm trying to understand what's happening here. Have I been Sim swapped? How did they receive a missed call from my number where my phone has no evidence of making the call. My bank account and everything else seems to be fine. I have pretty good passwords on my email and other accounts.

Any idea what's happening here?

#asknostr


How much is the rent?


How about the initial idea of Satoshi? It didn't have any value for about a year. Satoshi left without spending his coins too. Then there's the low time preference of halving every 4 years or so for over 100 years.

Monero took a sh$tcoin and changed the supply parameter. How long did that take? A day? A week? (It took litecoin about 8 hours I hear). Monero also took a high time preference to mine out the coins in like 7 years.

They are not the same.


Sell it to me bro


A million dollars ain't what it used to be


Tear hashes

Lol


Where abouts in WA are you based?


Thanks!

That worked


Amethyst


Come and lye under the midday summer Australian sun for a couple hours. You'll be begging for chemical paste


https://sendsats.lol/

He mentioned this last week


Remember lots of noobs start sh$tcoining before bitcoining.


The interactions I can agree with. But its worth sticking around. Its still early and with more people who share similar interests more interaction is bound to follow.


I'm having trouble with calyx too


Interesting....

Sounds like you went all out!

I just set this up recently


Doesn't seem to have had much effect on temperature so far. There's a gap that I cut where the electrical chord goes which gives a little breathing room.


Baby cucumber packages make a great solo miner cover


Nostr DM's?


lol

Don't you have anything better to do?


Having trouble adding an image to my notes in Amethyst. Its saying no permission but I definitely have camera/photos enabled.

Any idea?


Sign up seems to get stuck in "connecting" loop (nsec bunker)


What miner are you using? Is it like a 50sat payout each block found?


Someone mentioned the gox coins moving. It was meant to pay out some time in July


It was fun

See you in 4 years


I didn't know antifa could code


Amazing!


How many wallets use silent payments now?I know cake does


Buy them

They'll make good fishing weights


No cover?


Satoshi disagrees


I'd love to hear more solutions for people that live in countries where owning a gun to defend yourself is almost impossible.


He really goes to town on them doesn't he


Is that also with older versions?


What do you put your solo miner in? I feel like this should be protected somewhat from dust?

#nerdaxe
#bitaxe
#solomining


That would be nice indeed


Too much happening...

Can't keep up


Which AI was that?


What a waste of precious sats


They’re busy I guess. Takes some time to look into it and “get” it


This stuff is insane…

It changes everything


Your next article should be about a multisig with keys stored on google chrome, facebook and instagram.

As a “computer illiterate” I look forward to reading it. Well… have it read to me by chatGPT that is


DCA is the way to go


Not if you’re calling yourself “ultrasound money”

But I guess they could call it something else like they’ve done too


Knowledge is required to hold your own keys. And extensive knowledge is required if you want to do this well


A bit misleading. Should be unknown instead of infinite

They can change the code at any time as they have done in the past


Can you expand on 11? “Computer illiterates think knowledge is required to use Bitcoin.”


Pegged to the USD that is


CNY is too


Going lower too


Or do both. One real, one nym


They can still stack in custodial wallets like WoS until the have enough to afford an onchain TX into cold storage or open a non custodial LN wallet.

Onchain TX don’t work for buying a coffee. LN feels like the way it should work


I don’t think we need a block size increase at the moment. LN is good for everyday spending


Cool!


They look amazing!

I used to have a pink piggy bank when I was a kid too


I always had scammer vibes from him. Listen to how he talks.

Still I like the idea of that global P2P exchange he’s been working on, and he’s apparently working with someone who does state chains (can’t recall his name).


Good luck!


Looks like fun


A bitaxe supra?


I guess it’s half true

The trading part that is


Would be nice to get a little maze on the back of a hardware wallet
https://m.primal.net/Iipf.jpg
https://m.primal.net/Iipg.jpg


OBW?


Calyx or Graphene affected?


Great book!


Someone about to dump?


What is that?


Interesting

So you get the template info from miners mining with those pools?


I’m interested in it, but happy to wait a while for more competition and accuracy


He doesn’t know how they’re “made” does he?


Sometimes for fun I like to look at the monthly against Bitcoin

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


Made in the USA

lol


I think it was 14 BTC


They look good!


Nice!

I just got this nerdaxe which is doing between 3-400GH. Might see if I can push it a bit harder

Haven’t seen any flashing lights though…😢
https://m.primal.net/IeVU.jpg


> 600GH Is that an Ultra?


Looks like hashes went down slightly on the screen.

How often does this happen?


Ok


lol


The way it should be


They’re hungry!
https://m.primal.net/IgRF.jpg


I like it. Nice and simple, and probably the cheapest HWW too


Joinstr Electrum Plugin v0.1.0 (Pre-alpha) Released

"A pre-alpha release for electrum plugin to try joinstr protocol is available. Joinstr is a protocol for coinjoin using nostr. I have also updated docs and website. Feel free to share your feedback after reviewing the code, docs and testing the plugin."

https://www.nobsbitcoin.com/joinstr-electrum-plugin-v0-1-0-pre-alpha/


How long will it go for?


So it’s a taproot wallet on the backend?


It’s been a while since reading. Might have to revisit when I get the chance


This is pretty cool!
https://m.primal.net/IeVU.jpg


You don’t think the average computers will increase in computational capacity?


1 in a trillion is still possible


Probably looking for your hardware wallet


It seems to happen at the most random times
https://m.primal.net/IcBb.jpg


https://m.youtube.com/watch?v=jP7pEgBpaO0&pp=ygUSQWFudG9wIHBhc3NwaHJhc2Vz

This might just be what you’re looking for (but the example is with a 24 word seed)


More blood through brain good


You disease!


https://www.businessinsider.com/jack-dorsey-fiatjaf-nostr-donation-2024-6
https://m.primal.net/IbIk.jpg


Any python wizards out there?  nostr:npub1v6qjdzkwgaydgxjvlnq7vsqxlwf4h0p4j7pt8ktprajd28r82tvs54nzyr says this is blocking mainnet joinstr. Joinstr is a project to do coinjoins over nostr. This is the 'other stuff' we keep hearing about.

https://gitlab.com/1440000bytes/joinstr/-/issues/7


Which coordinator is that?


Someone told me it is currently failing


So true!

nostr:note1qa5kstqhhag7h7na3jt065scdyn3t0ujqgxvxwe9e4f0xj8xjlrsk954a0


It’s interesting…

I’ll have to think more deeply about ever using this though


Still many do not know about lightning. Especially in crypto circles


Sounds like a true maximalist. Only difference is that he says it with a smile


lol those amounts


Anyone using a Lucky Miner? What’s it like? I got someone telling me it’s the same as a bitaxe

#asknostr
#bitaxe
#luckyminer
https://m.primal.net/IVcB.jpg


This is messed up


https://thebitcoinmanual.com/articles/btc-payjoin/

Love the idea of having silent payments with payjoin on BTCpay. I think it’s good for businesses selling goods for over a 100k sats for the next 5-10 years.


What about a separate multisig pool with lots of Bitcoin. Mint rugs, they lose the pool


I do see a lot of opt in to pay a bit extra for “greener” options.

Still think as inflation goes up this stuff will naturally become a lower priority


Kids love airplanes


Aren’t Trump and Biden crypto bros since last week?


In a world priced in bitcoin it should be enough to own a home, car and live comfortably for the rest of their lives.

Probably not in our lifetime though


Mine not able to withdraw at all. No support either


Why America Can’t Regulate Bitcoin

Hearings on Bitcoin (https://www.youtube.com/watch?v=-CCqCsmCDdw) and its derivatives are being held in the USA on a regular basis, and invariably the expert witnesses fail to properly describe the actual processes going on. If they used the correct language and excluded all analogies, the only possible conclusion would be that America cannot regulate Bitcoin under its current legal system. The Constitution guarantees the inalienable rights of American citizens, and therefore Bitcoin is a protected by virtue of it being a form of publishing text. The only way Bitcoin can be made regulable is if the Constitution is changed; and that does not mean adding a new Amendment, it means removing the First Amendment entirely.

Inevitably the anti-Bitcoin protagonists will face a robust and ultimately successful legal challenge that will remove the possibility of any sort of “BitLicense” or interference from the CTFC, FinCEN or any other agency. It will also remove any possibility of interference at the State level. The consequence of adhering to the basic law of the United States will cause America to become the centre of all Bitcoin business for the entire world, and will cause trillions of dollars worth of eCommerce to flow through the USA.

Let me explain why this is the case.

Some say that Bitcoin is money. Others say that it is not money. It doesn’t matter. What does matter are three things; that Bitcoin is, that the Bitcoin network does what it is meant to do completely reliably, and what the true nature of the Bitcoin network and the messages in it are.

Bitcoin is a database, maintained by a network of peers that monitors and regulates which entries are allocated to what Bitcoin addresses. This is done entirely by transmitting messages that are text, between the computers in the network (known as “nodes”), where cryptographic procedures are executed on these messages in text to verify their authenticity and the identity of the sender and recipient of the message and their position in the public ledger. The messages sent between nodes in the Bitcoin network are human readable, and printable. There is no point in any Bitcoin transaction that Bitcoin ceases to be text. It is all text, all the time.

Bitcoin can be printed out onto sheets of paper. This output can take different forms, like machine readable QR Codes, or it can be printed out in the letters A to Z, a to z and 0 to 9. This means they can be read by a human being, just like “Huckleberry Finn”.

At the time of the creation of the United States of America, the Founding Fathers of that new country in their deep wisdom and distaste for tyranny, haunted by the memory of the absence of a free press in the countries from which they escaped, wrote into the basic law of that then young federation of free states, an explicit and unambiguous freedom, the “Freedom of the Press”. This amendment was first because of its central importance to a free society. The First Amendment guarantees that all Americans have the power to exercise their right to publish and distribute anything they like, without restriction or prior restraint.

"
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
"

This single line, forever precludes any law that restricts Bitcoin in any way.

In 1995, the US Government had on the statute books, laws that restrict the export of encryption software products from America without a license. These goods are classified as “munitions”. The first versions of the breakthrough Public Key Encryption software “Pretty Good Privacy” or “PGP”, written by Philip Zimmerman had already escaped the USA via Bulletin Board Systems from the moment it was first distributed, but all copies of PGP outside of the United States were “illegal”. In order to fix the problem of all copies of PGP outside of America being encumbered by this perception, an ingenious plan was put into motion, using the first Amendment as the means of making it happen legally.

The source code for PGP was printed out. (https://en.wikipedia.org/wiki/Pretty_Good_Privacy#Criminal_investigation)

https://miro.medium.com/v2/resize:fit:828/format:webp/1*YarDOJB7sRnR0uuXvqxmQw.jpeg

The original print out of the PGP source code.
It’s as simple as that. Once the source code for PGP was printed in book form, it instantly and more importantly, unambiguously, fell under the protection of the First Amendment. As a binary, the US government ridiculously tries to assert that immaterial software is a device, and not text (software or “binaries” is text that can be run on devices). Clearly the idea that software is a device is patently absurd, but rather than waste money arguing this point in court, printing out PGP removed all doubt that a First Amendment act was taking place.

The printed source code was shipped to another country, perfectly legally and beyond challenge, and then transferred to a machine by OCR (Optical Character Recognition (https://en.wikipedia.org/wiki/Optical_character_recognition), a software tool that can turn a printed page into a text file, removing the need for a person to manually type out a printed page), resulting in a PGP executable that was legally exported from the United States.

The direct analogy to Bitcoin should be vividly clear to you now. PGP and Bitcoin are both:

1. Pieces of software that can be rendered as printed text on paper

2. Software that generates unique blocks of human readable text

3. Designed to generate text that is 100% covered by the First Amendment

The purpose of PGP is to absolutely verify the identity of the sender of a message and ensure that the message was not read or changed in transit. The purpose of Bitcoin is to absolutely verify the ability of the owner of a cryptographic key (which is a block of text) that can unlock a ledger entry in the global Bitcoin network. Both of these pieces of software are messaging systems and services that absolutely fall under the First Amendment in every aspect, from the source code used to generate the software clients that do the message signing to the text the compiled clients generate, send, receive and process.

Bitcoin is text. Bitcoin is speech. It cannot be regulated in a free country like the USA with guaranteed inalienable rights and a First Amendment that explicitly excludes the act of publishing from government oversight.

Bitcoin and PGP generate messages that are initiated by their users. Each of the messages that are generated by these two pieces of software are unique. The only bodies of law that could possibly be invoked regarding their output and source code are Copyright and Patent law respectively. The Bitcoin source is not copyrighted and the core idea of it is not Patented, and in any case, none of this has anything to do with the nature of Bitcoin messages, or your right to publish. Typewriters can include Patented methods in their construction, and those Patents have no bearing on your First Amendment right to publish what you create with a Patented tool.

Copyright gives the generator of these texts privileges under the law imposing fines on someone copying your message without your permission, but Copyright law has nothing to do with exporting, regulating or imposing a tax on the messages themselves, and of course, forbidding the copying of your Bitcoin payment message rather negates the purpose of using Bitcoin.

Taking all of this into account, if any legislator, regulator, three or six letter US agency or other bureaucrat dares to try and regulate Bitcoin, they will be on a hiding to nothing. A legal challenge will be mounted (https://t.co/HfGxuOmyt6), and will have to be mounted, because if the State can legislate against a single piece of software that generates messages, a legal precedent will be created allowing the US government to regulate all software no matter what it does.

Bitcoin’s operation is fundamentally no different to what all email, text messaging and internet connected software does; relay messages. The only difference is in the software that tracks how the messages of the sender and recipient relate to each other. Email is no different to Bitcoin, save for the fact that a record of the sender and recipient and content of your email is not stored in a public ledger one against the other. We know it’s stored in a private database, but that’s another story. Wink wink.

Here is another example (https://www.eff.org/cases/bernstein-v-us-dept-justice ) of case law proving that this reasoning is correct.

https://miro.medium.com/v2/resize:fit:828/format:webp/1*JxSFa9PktMtgZSb9KeEHeg.png

In Bernstein v. US Department of Justice it was established that code is speech and is protected by the First Amendment. This absolutely and unambiguously applies to Bitcoin, with eerie parallels to KYC/AML in Bitcoin. The unconstitutional ITAR requirements are exactly the same as asking Bitcoin traders to register as “Money Transmitters” and seek licenses before they can be paid to transmit text to the Bitcoin network for publication on the public ledger. The Ninth Circuit Court of Appeals found in Bernstein’s favour, and ruled that software was speech protected by the First Amendment and that the government’s regulations preventing its publication were unconstitutional. It is clear to see that Bitcoin falls squarely into the category of protected speech, there is no way around any of this, and the US courts must come to the same conclusion for Bitcoin. Bitcoin is protected speech, and the case law says so explicitly.

The position that Bitcoin is money is fundamentally wrong, and systems like it have existed for many years without gaining the attention of any three letter agencies. Take for example FarmVille, the massively popular farm simulation game on Facebook.

https://miro.medium.com/v2/resize:fit:828/format:webp/1*Y0b6FOSODj3Y1yId9BsCug.png

This hugely popular game is no different to Bitcoin in nature. FarmBucks exist in a closed system, just as Bitcoin does. The only difference is the size of the space where the messages are being sent, and in the case of FarmBucks, the number of users and transactions (messages sent) was large. FarmVille had 83,760,000 monthly active users and not a single one was subjected to KYC/AML to exchange fiat for FarmBucks or FarmCash. Why not? What happened to that money? Why weren’t FinCEN or SEC all over that game as they are on ICOs? No one can explain this adequately. This example is very useful as a tool to pull back the curtain on the people who assert that Bitcoin is a money and is fundamentally different to a money kept in a game. All the rationales they use (mostly in the form of run on sentences) to explain the difference are inaccurate, and never address the fundamental processes; if they did, they would have no choice but to conclude that Bitcoin is no more subject to regulation than FarmBucks or PGP are.

Clearly, allowing legislation to touch Bitcoin means that any software of any kind will suddenly be liable to arbitrary and unconstitutional restriction. It will set a precedent that will be devastating to all software development in the USA, and software is the means by which everything is run, communicated, exchanged and ordered in modern society. In fact, it is impossible to run a modern society without software.

Twitter for example, could find itself being regulated; it transmits messages that are no different in nature to the messages that Bitcoin transmits; the only difference being the publicly maintained ledger and application of the messages. In fact, twitter could turn itself into a Bitcoin company quite easily by adding a few fields to its message JSON schema (https://en.wikipedia.org/wiki/JSON#Example) to include a Bitcoin address for each of its users, adding a page to its client and running its own Bitcoin server pool. Would that extra text suddenly transform Twitter into a bank? Would that suddenly change the nature of each Tweet that is sent on their network, and cause them to be “Money Transmitters”? How is having a Bitcoin address integrated into your Twitter account different to making a promise by hand on Twitter to your followers or in a direct message?

Essentially, Bitcoin allows you to make written contracts with people without knowing them or signing paper; the network and software takes care of identifying and fulfilling the promise, all with cryptographically signed pieces of text. What the people calling for “BitLicenses” are asserting is that because Bitcoin right now has a particular use, it should be exempted from the basic law of the United States of America. That is completely insane, and will have unintended consequences that would be absolutely disastrous for the American economy since almost everything today is mediated by or touches software.

On the other hand, if Bitcoin is left to flourish and the market allowed to define the services, means of setting the value and resolving disputes, Bitcoin as an ecosystem will be extremely robust and widespread, just like the Internet is today, after having grown for twenty years without any regulation or oversight from the State.

Furthermore, as I have said previously, the country that does not enact Bitcoin legislation will become the starting and endpoints of all Bitcoin transactions globally by first mover advantage (https://hackernoon.com/our-submission-to-the-british-governments-digital-currencies-call-for-information-160fbf103bbc). All other jurisdictions will see Bitcoin passing through them untaxed, and there will be nothing they can do about it, as Bitcoin is an unassailable peer to peer network.

We have seen a similar phenomenon with the legal position of encryption in France. SSL was regulated in France until Dominique Strauss-Khan, former managing director of the International Monetary Fund, removed the restrictions (http://www.theregister.co.uk/1999/01/15/france_to_end_severe_encryption/). They knew that “French e-commerce” would take place inside “le pays Roosbeef” if it were not possible to secure French websites with SSL on demand without friction. American Bitcoin businesses (since the endpoints will be in their jurisdiction) will be taxed on their profits, and this will be a percentage of the trillions of global transactions made on the network for every conceivable and inconceivable purpose.

The same is true for any other country. The United States looks set to cripple itself by enacting “BitLicenses” and declaring by fiat that Bitcoin is a currency, or a commodity or legal tender. As I describe above, Bitcoin is none of those things by nature, and the myriad number of applications it can be put to is only just being discovered. Our project Azteco is but one of them, with the potential to reach the billions of unbanked people in the world, and provide them with an easy way to access internet e-commerce, world-wide, with a system that makes payment fraud impossible. The potential benefit to the unbanked and the websites that sell goods on-line and the jurisdictions where those websites operate is without precedent. Only a fool would do something that could harm the advent of this transformation, or shun this new technology and the business building on it.

No legislature will be able to keep up with the advances in software that are taking place; there are too many developers and efficient tools in the wild all over the world, all with equal access to the market. The best the State can possibly hope for is to tax new businesses that use the new tools as they emerge, and encourage entrepreneurs to incorporate in their jurisdictions. If America wants to drive away Bitcoin developers, exchanges and new businesses, by all means, do so and take the consequences. There are many other places in the world where fast internet pipes have been laid and where the government is not so backward. Skype was founded in Estonia, not Silicon Valley, and this is for a reason. All the big Bitcoin exchanges are outside of the USA. There is a reason for that. No one wanting to start a Bitcoin business is planning to move to New York from anywhere, because they know that their business models will immediately come under attack.

For those of you who are frightened of a free market in Bitcoin, rest assured, all the laws that currently exist to do with fraud, theft, misrepresentation and everything else, continue to apply to all people and corporations who use Bitcoin. Bitcoin does not make laws or your personal or corporate obligations moot. When you deal with a company, you retain access to the law and recourse to it. When someone makes a promise to sell you goods with Bitcoin, that promise is not nullified because you are paying with Bitcoin. Good Bitcoin businesses will build dispute resolution systems the way that eBay and Amazon have, so that you never have to go to court to obtain justice if there is a problem. Online, reputation is everything, and bad reputations can destroy your credibility and customer base over night. This is a far more powerful incentive to behave correctly and fulfil promises, which most people do by default in any case, rather than some arbitrary and absurd “BitLicense”.

All the “BitLicenses” in the world could not stop MTGox from having a software problem, and no law can bring back the money lost either directly or through the disruption the event caused by the software error. Once again, entrepreneurs powered by the Internet make life easier and better, not laws and regulations. Regulation does not make software correct; developers do.

I have one recommendation for anyone advocating that there should be a “BitLicense”. Don’t waste everyone’s time, money and resources proposing this anti-American idea. The EFF has better things to do with their time than teach the PGP “Munitions Case” lesson all over again. If it goes to court, your side will lose, and as a consequence, America will lose its head start as all Bitcoin entrepreneurs flee the USA for environments that will allow them to innovate, grow and prosper.

And what can the business people who want a “BitLicense” forced on the software industry say? That they don’t trust themselves? That’s patently absurd. That they do not trust their competitors? If it’s the case that their competitors are not good actors, then the good actors have a market advantage, and remember; a license cannot protect the public from fraud or provide any guarantee of any kind, it can only distort the market.

What these “BitLicense” advocates actually want is a guaranteed market advantage. They are Crony Capitalists. They want to prevent the emergence of a “Golden BB” entrepreneur that might destroy their business, they want to slow down and stifle innovation, so that they can become the entrenched and unassailable gatekeepers. They want to bar new entrants to the market. It simply will not work. And it’s un-American.

The American legislature must let the American dream flourish and extend its power to Bitcoin, or it will be compelled to obey the law, and this has started to happen. Two judges in the USA have now found that Bitcoin is not money, and have thrown out “Money Laundering” charges against two men:

“
U.S. Magistrate Judge Hugh B. Scott ruled in a money laundering case in Buffalo, N.Y. that bitcoin is more like a commodity and is not a form of currency, according to a local news report.

He recommended the money laundering charge be dropped against the defendant since bitcoin isn’t money.

In another money laundering case last year, Miami-Dade Circuit Judge Teresa Mary Pooler stated it is very clear, even to someone with limited knowledge in the area, that bitcoin has a long way to go before it is the equivalent of money.

Archive: https://archive.is/pKQJ2
"

Bitcoin is not money. KYC/AML should not apply to it at all. The Hugh B. Scott ruling is highly significant, because it directly contradicts the idea of BitLicence. And lest there be any doubt, all of this, including legal remedies for breach of promise, applies to “ICOs”, which are also nothing more than text stored in a database. The fact that they are called, “Initial Coin Offerings” is irrelevant to the underlying processes, and it is not illegal to parrot the language and terms of finance, which are not trademarked or copyrighted. The Hollywood Stock Exchange wasn't deceptive because it called itself a “Stock Exchange”. Opponents of Bitcoin and ICOs have no good arguments, and the threadbare pretexts for regulation they’re able to synthesize are as flimsy as fiat.

Listen to this piece read out by a real person (https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_260---Why-America-Cant-Regulate-Bitcoin-e4b4s8/a-ah3bvg) on The Cryptoconomy Podcast.

Read this article in Spanish (https://sovrnbitcoiner.com/por-que-estados-unidos-no-puede-regular-bitcoin/). Translated by Wave @insatwetrust.


I wouldn’t count on it. Prepare for the long haul


Add a hundred years or so to that prediction


Any blocks found?


Visiting some family in China at the moment. Was walking around when I saw this. Facial scans for entering the local primary school. Apparently the people here think this is a good thing as they know who’s allowed in and out.

What could go wrong?

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


I guess the risk might worth the time saved


They wouldn’t want to hold USDT for too long. Risky


I’ve used splice (I think that’s what it was called) for viewing adds and earning some sats.


How about an opendime or a brain wallet?


Cash as in the fiat kind?


How many S19’s is that?


Let’s keep that individual portion growing


Live?


True that


Pretty cool!


Looks like a few 100k sats


lol

HK is now nostr country


Keep the lard. Use it with eggs


Probably the same song repeated throughout the movie


lol

Is it “wrapped”?


Good to know, but looks like they’re still years away


I see middle bell curve


This

I used to think this was smart. It isn’t

nostr:note13q8zfk96wknrh33c2n2edjja9f5t2pha3n6n5j7ru4yegvn8t8kq0z8ljx


Why you here?


Projects that help decentralize and bring the cost of mining down like bitaxe


Do you know the name of the software? My friend mentioned one before but I’ve forgotten the name


Isn’t there software that can be used to consume only excess electricity?


Looks like its optional

For now...


I don’t think you can make the same comparison. Bitcoin is so much bigger than monero.


I was thinking about them the other day.


Where?


We should comtinue to call out coinbase and blackrock. How much can they manipulate with just a few percentage of the supply? Maybe if they end up holding a significant portion like 30%


I thought the whole point of the ETF was that they have to actually have the underlying asset. Otherwise its just like the futures market


There was this thing called "wolfing" where you work for around 4 hours and you get food and accommodation. They are apparently all around the world.

Then there's the 10 day vipassana meditation courses that are free (donations are optional). After doing 1 full course you can then volunteer at the center.


Yeah, I’d like a separate device that I can just ask when out. My kid is starting with the “why’s?” and it would be good to get dictionary answers rather than my estimates


I want a dictionary LLM that I can just ask what the word means. It would ideally be open source and doesn’t collect data like an elexa or Siri


What kind of music are you into?


Could be.

S9’s can’t last forever


Any cheap mining rigs hitting the second hand market?


Nice foot!


He might be jealous


It could be interesting to have every input end up as a LN channel.


One of Cape Le Grand beaches

Esperance WA
https://m.primal.net/IGaJ.jpg


Did you get your Bitcoin off the exchange?


Interesting

Did they say what would happen if you didn’t have any inbound liquidity? Would the payment just bounce back and try again later?


Do you need to run a Ln node?


Once a year?


There should be backups for each key


The Nullarbor
https://m.primal.net/IEqt.jpg


I think more liquidity/competition will bring the costs down. Jam is pretty easy to use too


Why wouldn’t they?


How much of that will now go through joinmarket?


Just need to find an address that matches the last 5 characters


Electrum


Not so fast


Mmm… was waiting for 8sats/vb

Guess I’ll just wait longer


Take care


Not in Hong Kong


Its true

Jimmy never responds to criticism. Its OK to be wrong sometimes. Thats what refines your position after all


This is what made Satoshi such a legendary figure in history


Its funny how golds history is filled with war and pillaging. I'd bet only a small portion would have been dug up without any shenanigans


SYS


I just saw that it might be closing. Unless its a different LN tip bot


My favorite LLM!


Buy on the black market


Buying and holding might be better if mining is too risky.


I think there will be a lot of sats lost too. As for our heirs, if its really worth a lot, that should be enough of a reason to get them to learn.


Good point!

I had some forced closes with Mutiny so might revisit down the track.


If we had another year on top of that balear market it might have played out.


Here's a simple way:
2/2 multisig
- One key held on a HWW with family member A
- One key held on a HWW with family member B
- Lawyer/Trust holds the PIN for HWW A+B and also the xpub (descriptor) to link everything up.


There are companies that charge high fees that you could use.

If you want to do it yourself its going to be quite complex and time consuming. You need to figure out a way to give your heirs access yo your keys when you pass, but unable to while you're alive.


Yes sir!


Sounds good!


Don't cave in. There's no point to bitcoin if you can't hold your own keys


Sounds pretty common to me


GM


It inflates and it was born out of a scam to name a few


Thats it, they can't take it.

Be wary when they say that they have the entire history of whirlpool TX to get people to panick and consolidate all their UTXO's.


All eyes on the US. They can fight it and win


Feels like it


It will be great getting more liquidity on join market. Shame it had to happen this way though


IMO use Calyx or Graphine and keep Phoenix going


Is the FBI above the law?


New day

New attack on bitcoin


They love their fiat safety....


https://m.youtube.com/watch?v=VcJ9jFeVkko&pp=ygUhQ2l0YWRlbCBkaXNwYXRjaCBzYW11cmFpIG1lY2hhbmlj

This from a while back


Who's getting this up and running from where? Git?


Craig should implement collaborative TX with join market.


Jam is awesome!