Given what we know of the author — he was not nice, or a good person, or wise — I think it more likely that he found other people hellish only because of the hell already within him!
Trial and error with smaller and smaller payments, unfortunately. It doesn’t have a reliable “empty this Lightning wallet” payment mechanism, last time I checked.
BlueWallet is sunsetting their custodial lightning product. Self-custody, without trusted managers, is the bitcoin way. So this move is for the best. Unless everyone just moves their sats to Wallet of Satoshi, that is — in which case custodian risk is amplified and centralized!
This is something I worry about. The more usable and liquid Wallet of Satoshi is, the greater the risk it imposes on those who perhaps can least afford a rug pull. People for whom a million sats is a significant chunk of money, and who may not know what ‘custodial’ means.
So: now is an excellent time to upgrade your mobile lightning setup. And if you’re an Uncle Jim type, to help those in your obit do the same. There are options: Breez, Phoenix, Muun.
Personally, I’ll keep on using custodial lightning for amounts lower than 100-200k sats or so. Cashu is coming along nicely, for example, and has significant privacy guarantees. Anything beyond that threshhold goes on-chain, though.
Biola Class of 2006 here. This was my world.
You’ll need to host the file somewhere and paste its URL to use it as a profile photo. I host my profile photo on my own web server. What others do, I don’t know — maybe ask around to find out!
This book on bitcoin’s game theory is going to give me a pretty serious mental workout. Can’t wait!
https://www.amazon.com/Bitcoin-Game-Theoretic-Analysis-Gruyter-Textbook/dp/3110772833
Is this how to quote-re-note?
#[0]
ser. ser.
Nostr/bitcoin entanglement means that every misstep by Facebook or Twitter is a setup for new people to hop aboard the bitcoin ship. Social media refugees are looking for alternatives that don’t surveil or censor. Nostr welcomes them — and invites them into the bitcoin world too.
1. Follow more people than you’d follow on Twitter (I look for who else has liked note I like). Can always unfollow if they prove to be annoying!
2. Lots of relays. This works best on desktop, not mobile, where it’ll eat your battery before noon.
On Presidents' Day, Americans celebrate the civic virtues of founding fathers like George Washington. There is another founding father who deserves celebration too: Satoshi Nakamoto.
Like Washington, Satoshi walked away from power. And so bitcoin now roams free.
The abstract above is from a new paper with #[0], to appear in "The Satoshi Papers" (pending review). It's going to be a cool and totally unique collection.
Yes, this is a working paper (not peer-reviewed). And it’s a SoK — a survey piece, not new research. The authors, I believe, plan on building much more substantive quantitative research atop the basic ideas explored here.
Bitcoin is my favorite controlled substance