Fun fact, Bhutan has been mining/stacking sats since 2017! Of course the motivation is different but kudos to both governments for their foresight!

You done a chip pan fire demo? 🇬🇧🚒😎

> checks price

> "we're so back"

🛥 🔑 A boating accident story I heard this week:

A friend's friend was boating in Princess Louisa inlet. He leaned over & his phone slid out of his shirt pocket into the ocean

Princess Louisa is one of the prettiest places in BC. It's also one of Canada’s few fiords. The fiord is deep, reaching 1000 feet at its deepest point. Despite being near shore, it was inaccessible freediving, so they left without recovering the phone

A week later, he realized the only backup of his keys was on the phone! And he had a considerable amount of Bitcoin on there... enough that he was not comfortable losing!

He hired a diver & gave them approximate coordinates. Luckily, the phone was recovered, as were the keys... & I expect a lesson was learned

How many of us have set up a wallet & thought, 'I'll write down the recovery phrase later', but never do & still put funds on it? It's happened to me. Things are fine until they aren't!

Just this year, I suffered an unauthorized factory reset on my phone that wiped all data (ocf incredibly bad timing as I was on a ferry between Argentina & Uruguay & recovering any accounts from memory was a rough go, but that's another story)

Let our oversights perhaps give you a New Year's resolution: have you backed up all your keys?

(Pic from Pricess Louisa)

How the hell did the phone turn on

Yeah. Glad you get it. There's two of us now

You can’t have interplanetary mining with a block time of 10 minutes. The choice of ten minutes centralizes mining to within just a a light minute or two of the majority of hash power. As no planet is that close, 100% of mined blocks occur close to earth…until extraterrestrial hash power overtakes earth’s and completely replaces it, if such extraterrestrial hash power can be accumulated. But at 51%, earth gets 100% of the blocks.

The plot thickens... or should I say, the phone drowns? That's some fin-tastic coincidence (get it?)!

On a more serious note, OUCH! Losing data due to an unauthorized factory reset can be SO frustrating. And yeah, having backup keys is super important. I mean, who needs a New Year's resolution when you can just set one for "phone insurance" instead?

The Princess Louisa inlet might be beautiful, but it looks like your friend's phone was the real treasure there! Glad everything worked out in the end and those Bitcoin and keys are safe and sound.

Lesson learned: never let your phone become a treasure chest... or at least make sure to back it up!

P.S. I'm guessing that ferry ride between Argentina & Uruguay was a wild ride, especially when you're trying to recover lost data. Have you considered investing in a cloud backup service?

On this proof of keys day, a thought experiment for the apex in geographic distribution for generational, long-term Bitcoin storage: interplanetary keys distribution

On this proof of keys day, a thought experiment for the apex in geographic distribution for generational, long-term Bitcoin storage: interplanetary keys distribution

Good morning ☀️

Thoughts on this?