I can’t wrap my head around how people secured #mstr ‘s #bitcoin to limit as much counter party risk as possible. What is it.. like a 11/23 multi sig set up? 😂

Some might argue that its too late now to orange-pill people, cause bitcoin is too expensive now (100k).

Is the era of orange-pilling people coming to an end? since its no longer the same price opportunity?

#asknostr #bitcoin #grownostr

#asknostr Anyone want to play Texas hold 'em at lightning.poker ?

I am sitting at the London table. 1k sats buy in. Stakes 5/10 sats

#poker

Tag the post where I said I was begging for donations. And find the post where I said I was asking for donations.

How many of my posts did you read? Reading is fundamental. You want promotion for your site by tagging me. Or do you want embarrassment on the world web for not reading clearly. Perhaps both.

nostr:note1v4clgjxkuhymwv0qu88knppup9hp67nk3pzdumwz2sf4t5zyz8as8vl57k

My government is going to start rolling out a UBI in 2025. At the moment, more than 30% of our population already receives government grants (type of social security) and about 50% of households in the country have at least one member in the household that collects grants from the government

My opinion is that UBI will be a disaster, especially in my country, where so many people are already receiving these grants and with about 3% of the population contributing about 75% of all the income tax. Those paying the tax (and are capable) will just leave the country at a faster pace. No one wants to pay excessive tax for other people and you just have to fend for yourself

What does #nostr think about this?

Will bitcoin protect you enough even if the country is virtually collapsing entirely? Should bitcoiners start making plans to leave as well? (Note that the government won't change it's ways. It will remain corrupt, incompetent and power hungry until the end)

#asknostr

Nothing is more conducive to serendipity than running errands.

Love it

Next order over 500 000 sats will get a free and unique "Max".

Stamped with blockheight 869069... upside down. An happy little accident :)

I will have to look at my setup again, but I set my multi-sig up with sparrow. You need the QR code that is the combination of all three public keys. Without that you won't be able to "recover" somewhere else unless you have all 3 keys. I think that was the Sparrow.txt file.

What is the incentive for Bitcoin miners to continue operating a few halvings down the road when the subsidy is <1 BTC? Transactions will of course become more expensive, but I worry about a death spiral scenario where a meaningful percentage of mining goes offline due to on-chain fees remaining low, due to L2 network scaling, Bitcoin banks, and the like.

#asknostr #Bitcoin

#asknostr

LEARNING 2 of 3 multisig and have question:

Supposing I have only the seed words from 2 of the coldcards

If I have the coldcard multisig export file that I used to create the wallet in sparrow, the .txt file, is that file enough to rebuild the wallet if for whatever reason the third seed was lost or compromised? Or similarly the sparrow wallet export file as .txt since they’re the same.

Do I need to secure generic .json files from all three coldcards as well? or is that overkill?

I just want to make sure that I sufficiently back up everything that needs to be backed up for a multisig setup.

Will zap for guidance. Thank you.

Movie or show?

I smoked and ate myself into a coma.

Yes I had to google coma vs. comma to write this note.

What the fuck are you people up to right now? I’m bored.

I thought y’all talking about bitcoin all the time was boring as hell…

This micro strategy shit is WAY worse🥱

Making money is not a personality.

A new hobby I discovered whilst here. Berg watching.

What do early retirees and self employed people do for health insurance? #asknostr