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Bam ⚡️ بام
4f11dd018fdc89ca8f8f1d7195f9b373dd5708e3f5a3b227cae8fa40cdeb9f3c
Founder of @CypherBox & B21 Arabic | Open-source Bitcoin Development and Education Cypherbox.io

Enjoying my 7 minutes of peace before the next Middle East war kicks off 🍹

This is the problem in bitcoin. We need more reliable custodians, not less. This whole space is fighting over stupid shit that nobody gives a f about while discouraging individuals and businesses to run custodial services with redemption capabilities.

Unfortunately many Bitcoiners are deeply entrenched in complex setups and Lightning channels, viewing custodial solutions as a betrayal of Bitcoin's principles.

Our repo is open for contributors @jb55 we implemented Coinos and will do Blink soon: https://github.com/Bamskki/Cypher-Box

Geyser page: https://geyser.fund/project/cypherbox

New Coinos popup menu with onchain, Lightning net, and Liquid payments coming soon on nostr:npub1ru72lujfmp648n0v52f30pmzwnvf80jztr373pt7yhpevsuaf2useyag29 ! (This is Figma only)

LBTC is interesting in this case, because Coinos is a custodian of an IOU of Bitcoin issued by the Liquid federation. So the risk is compounded in holding a balance of it. It’s still useful for confidential payments and you can redeem it to Lightning instantly by paying to someone else (0.1% coinos fee).

Don’t forget to connect a cold wallet and click ''Withdraw' to enforce real ownership when your balance is large enough 🤗

I think I’m morosexual, which means I'm attracted to lovable morons. DMs are open strictly for Nostr girls with zero Kelvin IQ 😎

https://blossom.primal.net/e2aff520d27fde1380527ea31d42b2d9743286871bd043520b6fc9801d71a92e.mp4

Idk about you but I’m scoping this dip and hope it dips more so I can fill my 1M capsule faster 💊 #Bitcoin

530,000 sats left 🌡️

https://blossom.primal.net/ed19999a74c114ddcb76e752abe52317cc532a5d876e84793d0e804716d74d90.mov

Reasons why people don’t like using Bitcoin (besides tax implications and volatility):

There is no structured framework for Bitcoin users to save and liquidate their funds in a fast, affordable, secure, and intuitive manner.

Bitcoin educators need to update their curriculum. The good old “not your keys, not your coins” mantra is no longer enough in an era of unpredictable onchain fees where poor UTXO management can make transacting a frustrating experience, discouraging users from doing anything other than hoarding large amounts in cold storage.

I’m building a unified dashboard interface that connects all their storage methods: exchanges, hot and lightning wallets, cold storage.. etc., and allows for seamless swapping between them upon reaching subjective thresholds. It’s called @Cypher_Box and I think it will fix most UX problems in Bitcoin.

It’s here, now, and forever.

I’m still gonna do it for ideological reasons (hatred of fiat). But it feels shitty ngl. I miss the old days when builders used to get more appreciation from the community.

I thought that if I made my Bitcoin projects free and open-source then people would fund them. I was wrong. I’m starting to think that the more rational strategy is just to hodl bitcoin and not waste time on education and development.

I thought that if I made my Bitcoin projects free and open-source then people would fund it. I was wrong. I’m starting to think that the more rational strategy is just to hodl bitcoin and not waste time education and development.