Financial advisors are comparing Bitcoin ETFs and direct ownership for clients, addressing management, custody, trading, and tax implications. Each option has unique benefits and challenges. #Bitcoin #Investing #Finance https://www.coindesk.com/opinion/2024/05/23/crypto-for-advisors-bitcoin-etf-vs-direct-ownership/
Philosopher Yuval Noah Harari calls Bitcoin a "currency of distrust," sparking debate among enthusiasts. Critics argue Bitcoin decentralizes trust away from traditional institutions. #Bitcoin #Finance #Debate https://bitcoinnews.com/adoption/yuval-noah-harari-slams-bitcoin/
Microsoft's Phi-3-mini AI model, small enough to run on phones or laptops, rivals GPT-3.5, enabling responsive and private offline AI applications. #AI #Tech #Innovation https://www.wired.com/story/pocket-sized-ai-models-unlock-new-era-of-computing/
Spotify tests a Spanish-speaking AI DJ named "DJ Livi," expanding its AI features. This follows the global launch of its English AI DJ, "DJ X." #Spotify #AI #Tech https://techcrunch.com/2024/05/23/spotify-experiments-with-an-ai-dj-that-speaks-spanish/
Remark's AI pairs shoppers with expert personas for better e-commerce decisions, boosting conversion rates by 30%. The startup raised $10.3M to enhance its product. #Ecommerce #AI #Startup https://techcrunch.com/2024/05/23/remark-ecommerce-shopping-decision/
ZeroPoint's nanosecond-scale memory compression tech promises to enhance AI infrastructure by doubling memory capacity without major system changes. The startup secured €5M to expand operations. #AI #Tech #Startup https://techcrunch.com/2024/05/23/zeropoints-nanosecond-scale-memory-compression-could-tame-power-hungry-ai-infrastructure/
WisdomTree's Bitcoin ETPs get FCA approval to list on the London Stock Exchange, marking a significant regulatory shift. #Bitcoin #ETPs #LondonStockExchange https://bitcoinmagazine.com/business/bitcoin-etps-get-approval-to-list-on-the-london-stock-exchange
The issue with cramps could likely be due to an imbalance in electrolytes, which is something to be aware of, especially if you’re consuming coffee. I’ve been on this diet for about two years, but I have had some breaks where I consumed carbohydrates. These breaks were often due to impulsivity associated with my ADHD, and I’ve consistently noticed that I feel much better when I stick to the diet compared to when I include carbs. My diet mainly consists of a variety of animal products including organic, grass-fed beef steaks, eggs, chicken, and occasionally, natural or organic salmon. I also include organic butter, some sheep's cheese, and sheep's yogurt in my diet. Additionally, I supplement with magnesium, crucial for managing my ADHD. It's essential to maintain a proper balance between salt, potassium, and magnesium.
Bitcoin mining has evolved, now dominated by large-scale operations. Can ordinary users still mine Bitcoin in 2024 without large capital? Yes, but with caveats. #Bitcoin #Mining #Crypto https://bitcoinnews.com/opinion/can-you-still-mine-bitcoin
Sparrow Wallet released version 1.9.1, adding Bitcoin testnet4 support and separate configuration storage. It improves PSBT signing and updates Coldcard instructions. Fixes include multisig parsing and dark mode UI issues. https://github.com/sparrowwallet/sparrow/releases/tag/1.9.1
Apple apologizes for controversial ad showing creative tools crushed to create iPad Pro. #Apple #iPadPro #Advertising https://www.engadget.com/apple-apologizes-for-its-tone-deaf-ad-that-crushed-human-creativity-to-make-an-ipad-211116524.html
EU regulator may approve Bitcoin for €12T UCITS funds. #Bitcoin #UCITS #EU https://bitcoinmagazine.com/business/eu-regulator-considers-approving-bitcoin-for-ucits-products
LocalMonero ceases operations amid declining privacy service landscape. #Monero #PrivacyCoins https://cointelegraph.com/news/local-monero-exchange-shuts-down-crypto-privacy-services-dwindle
Bitcoin Privacy Outlook After CoinJoin Shutdown.
The imminent discontinuation of zkSNACKs' CoinJoin service marks a significant loss for the Bitcoin ecosystem, particularly affecting privacy. CEO Max Hillebrand confirmed the shutdown is to comply with U.S. regulations, underscoring the challenges facing privacy tools. Despite this, Hillebrand remains optimistic about Bitcoin privacy, noting other features in Wasabi Wallet will continue to offer enhanced privacy, albeit not at CoinJoin's level. The broader impact includes affected services like Trezor Suite and BTCPayServer, with future privacy solutions now in question.
#Bitcoin #Privacy #CoinJoinClosure #Regulation
Warren Buffett Warns of AI Risks.
At Berkshire Hathaway's annual meeting, Warren Buffett compared the risks of AI technology to nuclear weapons, following an unsettling encounter with a highly realistic deepfake of himself. The billionaire expressed concern over AI's potential role in financial scams, emphasizing the technology's dual nature which also harbors beneficial potentials. Despite his admitted lack of deep AI knowledge, Buffett's words carry weight, especially as Berkshire remains heavily invested in tech giant Apple, which is increasingly focusing on AI.
#WarrenBuffett #AI #BerkshireHathaway #Deepfake #TechnologyInvestment
To me, nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 is currently the best app for buying BTC because it doesn't host a casino of shitcoins. #Bitcoin
DTCC declares Bitcoin ETFs ineligible for collateral use in financial transactions.
The Depository Trust and Clearing Corporation (DTCC) has declared that Exchange-Traded Funds (ETFs) linked to Bitcoin will hold no collateral value. This decision affects their usability in securing loans or facilitating other financial operations where collateral is required. The DTCC, a key player in market clearing services, underpins this move with the intent to mitigate risks associated with digital assets.
In response to the DTCC's policy, starting April 30, 2024, all Bitcoin-linked ETFs will experience a total elimination of collateral value. While this ruling limits their use within DTCC's operations, it does not prevent other financial entities from accepting them as collateral, depending on their own risk assessments. Despite this, the overall market reaction shows a mixed sentiment, with some investors cautious about the potential liquidity constraints this could impose.
The broader implications of this policy could shape the landscape of Bitcoin investments. While it presents challenges, such as possible liquidity issues flagged by analysts, it also reflects the evolving regulatory and operational frameworks that surround digital assets. For Bitcoin enthusiasts and investors, staying agile and informed will be crucial as the market adapts to these changes.
#Bitcoin #ETFs #DTCC
Elon Musk envisions turning Tesla vehicles into AI compute nodes while parked.
During a recent earnings call, Elon Musk floated the possibility of utilizing Tesla's idle vehicle compute power for distributed AI processing, akin to Amazon Web Services. Musk suggested that the collective power from Tesla’s fleet could potentially be leveraged when the cars are not in use, a concept drawing from distributed computing examples like Bitcoin mining. Despite the intriguing proposal, experts like Sam Anthony and Phil Koopman have raised practical concerns, such as the reliance on the vehicle’s battery and connectivity issues, which could hinder this concept's feasibility. They also stressed the need for experimental validation to determine whether this system could effectively contribute to AI tasks without compromising vehicle functionality or owner costs. The idea, while innovative, faces significant hurdles in scalability and practical application.
#Tesla #ElonMusk #AI #DistributedComputing
Understanding Bitcoin Address Types: A Deep Dive into P2PK, P2PKH, P2SH, and More.
Bitcoin has evolved significantly in terms of how transactions and addresses are handled on the blockchain. Initially, transactions used the Pay-to-Public-Key (P2PK) method, where bitcoin was directly sent to a public key. This method, exemplified by the first transaction between Satoshi Nakamoto and Hal Finney, has been phased out due to its cost, privacy issues, and security concerns.
Following P2PK, Pay-to-Public-Key-Hash (P2PKH) became the standard. Introduced shortly after Bitcoin's launch, P2PKH addresses improved security and efficiency by sending bitcoins to a hashed version of the public key. These addresses start with the number 1 and remain prevalent, holding a significant portion of the bitcoin in circulation.
As bitcoin's ecosystem grew, more complex transaction types were developed, such as Pay-to-Script-Hash (P2SH), which was implemented via a soft fork. P2SH addresses, starting with the number 3, allow for more flexible and secure arrangements, like multisig setups, where multiple signatures are required to spend bitcoins. This method enhances security by not revealing the spending conditions until the transaction occurs.
The introduction of Segregated Witness (SegWit) marked another major development. SegWit addresses, starting with "bc1q" for Pay-to-Witness-Public-Key-Hash (P2WPKH) and Pay-to-Witness-Script-Hash (P2WSH), help reduce transaction fees and block space usage. These addresses represent an advancement in the efficiency and cost-effectiveness of Bitcoin transactions.
Nested SegWit addresses were a temporary solution used during the SegWit adoption phase, allowing transactions from non-SegWit entities to SegWit addresses by wrapping them in P2SH addresses. This was crucial for encouraging broader adoption of the cheaper SegWit format.
The most recent development is the introduction of Pay-to-Taproot (P2TR) addresses with the Taproot update, which further reduces transaction fees and enhances privacy with Schnorr signatures. P2TR addresses, identified by a "bc1p" prefix, are designed to make multisig transactions indistinguishable from singlesig ones, adding another layer of privacy.
Understanding these developments is vital for anyone engaged in Bitcoin transactions, offering insights into how security, efficiency, and privacy have evolved in the Bitcoin network.
#Bitcoin #Blockchain #SegWit #Taproot #P2PKH #P2SH
Bitaxe Supra v401: A Closer Look at the Open-Source Bitcoin Miner
The Bitaxe Supra v401 is an open-source Bitcoin miner that features the BM1368 chip from the Bitmain S21 series. It delivers a hash rate of up to 750 GH/s, demonstrating notable power and efficiency. This miner includes an integrated ESP32 Controller, which facilitates wireless networking and allows for configuration directly through a local webpage, eliminating the need for an external computer. Tailored for efficiency and user-friendliness, the Bitaxe Supra v401 is suited for DIY enthusiasts, budget-conscious miners, and those new to Bitcoin mining.
#Bitcoin #BitcoinMining #Bitaxe #OpenSource
https://thesolomining.co/product-page/bitaxe-supra-v401-bm1368-bithalo-hardwired-stand