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River
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Invest in #Bitcoin with confidence Zero-fee recurring buys | Bitcoin Interest on Cash | Proven full reserve custody | Support: https://river.com/support

Weโ€™ve upgraded our mission statement!

River envisions a future where every human has Bitcoin savings, every business has Bitcoin in their treasury, and the majority of global payments are made using Bitcoin

Employees at River flowed into our HQ in Columbus for our first annual River Retreat!

It was a special experience, and amazing to bring the whole company together. What a start to Q4 ๐Ÿ™Œ

Bitcoin is a global network, and we embody that at River. We have employees from 10 different states, 6 different countries, and 5 different continents! ๐ŸŒŽ

Much like #Bitcoin

Once you see it, you canโ€™t unsee itโ€ฆ

Happy Friday ๐ŸŠ

Hope everyone has a recharging weekend! Enjoy some sun and good company ๐Ÿ™Œ๐Ÿผ

River was founded on the idea of developing a simple foundation to best serve clients

We build infrastructure from scratch, minimize external code dependencies, and focus on security of #Bitcoin

Be on the lookout for exciting product launches here soon!

The biggest innovations in history are the ones where you donโ€™t know how you lived without it

#Bitcoin is becoming one of these

We reached out on Twitter too - always feel free to DM us, give us a call, or reach out to support@river.com with any questions ๐Ÿ’ช๐Ÿป

Something as simple as QR codes will make it easier for merchants to do business in #Bitcoin https://video.nostr.build/d939df87936b91d96405c65af6d4c75a1e0e0e1fed879534e4f20a9146cb7913.mov

Are you asking the right questions of your #Bitcoin qualified custodian?

- Do you use a third-party custodian?

- Do you build and own your infrastructure?

- Do you encourage and allow self-custody?

- Do you offer phone support if needed? https://video.nostr.build/88bef885674bde44c34fe1e7fc7a5e865ec84e07f01d33d85f7694398192397f.mov

โšก๏ธThere were 869k Lightning payments from us, Wallet of Satoshi, and THNDR GAMES in July 2023 alone

That is more than what the entire Lightning Network did just 18 months ago!

Research Analyst Sam Wouters breaks it down below ๐Ÿ‘‡ https://video.nostr.build/9c30e9f45faf24aa9daec51a831a1c276a6667804bb0207efc9d9391b9d1d8cb.mov

PoW is one of the most underrated aspects of #Bitcoin

Donโ€™t trust. Verify.

Why isnโ€™t our financial system as simple as Bitcoin?

Your money is your money. You should be able to access it when you need it.

This is why we build on Bitcoin.

Our engineering team is working on something big ๐Ÿ‘€

Keep an eye out in Q4 ๐Ÿค

Asset holders will realize #Bitcoin is an answer to their problems as their resources get perpetually devalued from an inflating currency.

Some are just forced to realize this sooner.

Store you economic energy in an incorruptible and scarce digital asset instead.

What are UTXOs? (Unspent Transaction Output) ๐Ÿค”

They can likened to physical coins. If you want to spend 5 cents, you cannot spend half of a dime,

Instead, you must spend the entire dime and receive a nickel as change ๐Ÿช™

This is worth reading about ๐Ÿ‘‡

https://river.com/learn/bitcoins-utxo-model

We continue to hit all-time highs โšก๏ธ

Weโ€™re excited for future of the Lightning Network! nostr:note1xpvkwsaags5cnf63ez6kfmp5yq7hkes5nmr8acpsjtgs65kkvl7stkqaeh

During the Blocksize Wars, people said #Bitcoin would never do more than 7 transactions per second on-chain.

Yeah about thatโ€ฆ

It did 7 in May and July ๐Ÿ“ˆ

With the Lightning Network under constant development, what will the user experience look like in a few years from now? โšก๏ธ

๐Ÿ“ˆPotential upgrades to LN UX include:

- More affordable channel management

- Zero interactivity requirements for end-users

- Intuitive node & wallet backups

- Improved privacy for senders & receivers

- Reusable payment identifiers (without 3rd party service)

We wrote a Learn article if youโ€™d like to see more! ๐Ÿ‘‡

https://bit.ly/47q2oXO