"HE SAID 'THE SHERIFF IS NEAR!'" 🤡

Judging by the amount of people whining about charts today, I'd say most of you are not bullish enough.

1 btc still equals 1 btc.

yo.

entire Bitcoin market is a mess. Robinhood and Coinbase are down. two of our LPs behind the scenes have gone down completely.

Strike is online and functioning. Spreads are all over the place across the entire market. I can’t find anything tight, but we are on it. Have been able to improve things in the last 30 minutes or so and still working on it. Dead bodies everywhere out here in the space 🤣

If you have any issues or questions, just hit me up. Happy to help and glad Strike is one of the rare services online serving Bitcoiners when the going gets tough 🫡

Is there any here a liquidity problem on nostr:nprofile1qqsvn0dkjt80raqrxd470c98n7zrdehmcvj6p5hgw3kyku6zyd8z0fqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3qamnwvaz7tmwdaehgu3wwa5kuegufe9k5 nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dstyku22

That’s quite a spread

The tornado cash case is going to likely set the precedent for what “money transmitting” means for purposes of bitcoin. The case will mostly hinge on how “transfer” should be defined within the meaning of Section 1960. As these screenshots show, the government argues that it means “by any and all means” and that “control” is not a prerequisite to be considered a transferor. They use examples like a USB cable being a transferor of data and a frying pan transferring heat from a stove.

By this logic, anyone operating hardware or software which Bitcoin runs through could be deemed a money transmitting business. However, this is obviously overly broad. My guess is, if the judge has common sense, he will see that a line needs to be drawn somewhere. The easiest line to draw is by making control a prerequisite. Otherwise the governments reasoning opens up liability to almost any tech company providing software or hardware.

The line of reasoning is simple:

Are dell and Microsoft money transmitting businesses because their laptops and software enable you to send money to someone in e-commerce? No. What about your ISP whose internet connection enables the transfer of data to complete an internet purchase? No. Why? Because they aren’t exercising control over the transaction, they are just providing the rails that make it possible - and have no further involvement.

Thankfully I had 50 nostr reminders a day to consolidate during low fees

Electronic cash is magical.

If someone force closes a channel on you, and you were the open initiator, are you able to bump the fee of the force close txn?

#asknostr #trivia

Bitcoin has 14x’d since this tweet.

Proof of work

#m=image%2Fjpeg&dim=1411x726&blurhash=i36Hy8%7Eq00M_Rj9FM%7BRPIUD%25IUj%5Dt7t7t7j%5BkCof00D%25%3Fbofj%5B%25Mofofxu%3FbxuM%7BRjayRjWBfQWBxuRjM%7Bt7t7WBofj%5Bay&x=1addbe24b175d9a0ac838eec4834e6e2e86576b65897ba8cdcecb47cde508784

nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze is giving out coinbase tx with only one output.

37dvwZZoT3D7RXpTCpN2yKzMmNs2i2Fd1n

For a total of 6.25000000 BTC

#oceanblockwatcher

#singleoutputblock