On Jan. 12, 2009, Satoshi Nakamoto, the pseudonymous creator of the Bitcoin system, sent Hal Finney, a well-regarded cryptographer and computer scientist, 10 bitcoin (BTC). This test transaction, sent before BTC had a quotable price, was a harbinger of the many peer-to-peer transfers to come enabled by the world’s first cryptocurrency network.
Running Bitcoin
Mood
Great solution for those who scared of self custody or can’t afford open source hardware wallet Download Blockstream green wallet create new wallet write down 12 or 24 go to watch only copy and paste xpub delete wallet after wallet deleted click watch only paste xpub private is not on device this maybe the solution for those who can’t afford a hardware wallet or prefer to not deal with one to send from this wallet delete the watch only setup new wallet add wallet then restore wallet NOT YOUR KEYS NOT YOUR COINS
🚨🔥
💪🏽
😮
Liquid network opens up plenty of opportunities low fees lightning DCA into bitcoin saving emergency funds in USDT with hardware wallet DeFi and spending accounts close your bank and become your own 💪🏽
Will River offer Direct Deposit in bitcoin
Keet.io is a Peer-to-Peer Chat App, built with the Holepunch platform that allows anyone to create apps that don't use any servers.
DISTRIBUTED TRUST AND SINGLE POINTS OF FAILURE....
Yet the key advantage of Bitcoin really resides in the way it handles trust in transactions, and eliminates single points of failure.
With the traditional system, you need to trust that the rules and mechanisms will not lead to errors and that every single counterparty involved operates properly. If one counterparty along the chain is somehow compromised, then the whole chain will be compromised.
With Bitcoin, the set of rules and mechanisms underpinning the system makes fraud, manipulation and errors impossible.
As Bitcoin software is open source, anyone in the world can access it and review it. In Bitcoin's 10-year track record, no security flaw has ever been uncovered. No one has found a way to change a signed transaction, or modify the blockchain.
Additionally, the beauty of a distributed system is that you don't need to trust any single one of its components as there is no single point of failure. Compromising one or a few nodes would not compromise the network. To fraudulently modify pending transactions or the blockchain of past transactions, one would need to take control of the majority of the computing power of the network.
Ultimately, where the risk lies is your digital wallet, as it stores your private keys. Anybody who accesses your private keys can spend the funds in the wallet. This is the reason why offline wallets, referred to as 'cold-storage', are frequently used to prevent hacking. But from the moment your transaction is signed, it is safe. There are no single points of failure, and you don't need to place your trust in any single party.
Is there a better trust system than one in which you don't need to trust anyone?
To many fees headaches
Bitcoin vs Banks 🤣
Bitcoin Gives You Access to the Best Bank in the World: Yourself
Why chase cash back when can stack sats with The bitcoin company and Bitrefill
Virtual pre paid debit card in app bill pay and on ramp cash at a retail store 🫡
Lighting and onchain
Cashu
Fedimint
Scritcash
Minimint
Webimint
LNbits
And wallets
Cashu
Nutstash
ENuts
Minibits
Fluttermint
Open source Hardware wallets for using bitcoin as a store of value
To me this system replaces the old and brings a new financial system .Be your own Bank
cashuAeyJ0b2tlbiI6W3sicHJvb2ZzIjpbeyJpZCI6IlVUNW5YdVpabEZOYiIsImFtb3VudCI6MSwic2VjcmV0IjoiNTlRV1BuK2ZZdHJqZnB0R2JvZ25SbWFFRkE1Y1N5SDVXd2VlS3hJMWhoVT0iLCJDIjoiMDM4YzhhMzhkNGU5ZTViNjMzOGFmOWNjZjVlZWM5YzNjYjU1ZGJjYTAzYjlmNWFmYTZhMjU3MTkwMjZlMjYzMmRlIn1dLCJtaW50IjoiaHR0cHM6Ly9udXRzLnNlbWlzb2wuZGV2In1dfQ
