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Matt Carvalho
865b6bd38e22481c4589bc4b060a0c0cc1304fbdca9a0e3388d4282da8bb83a2
chronicling the products layered upon the bitcoin protocol. dying on the crypto(graphy)-abolitionism hill.

I've just found out nostr:npub18m4nmc2wchzgcmzvnluqjzxyrpshp64mwje2vuz60kulny3v6c0qtgcl2x is on Nubank's board. Onboarding 90M+ Latin Americans to Lightspark's UMA would be neat! πŸ‘Œ

Nubank's remittances offering is weak, they already sell bitcoin via Paxos, and Revolut is investing heavily in Brazil πŸ‡§πŸ‡·, so the pieces are falling into place! 🀞

What if we recycled the dollar sign as the sats symbol? ♻️

#Bitcoin will replace fiat currencies, leaving $ up for grabs.

No need to buy new keyboards.

But $ represents the opposite of our values. Wouldn't it be more symbolic to trash both fiat and $? πŸ—‘οΈ

the lack of a sats symbol is certainly not the largest problem around, but it's one of them. we can fix them all. rest assured that this is not distracting the team from the most pressing issues (force closes included)

Many sats symbol ideas faded in and out throughout the years, none reaching full consensus. In this post, we'll go on an archeological journey to uncover most past symbol ideas: https://blog.bitkit.to/the-quest-for-the-ultimate-sats-symbol-a-post-mortem-ba7d6c56a513

We have a surprise announcement! 🎁

For #Bitcoin to be adopted globally, it needs to be as user-friendly as possible β€” even when it comes to seemingly minor details.

And there's one detail we've been missing for years: a unique and recognizable symbol for sats.

Reaching consensus on a new symbol is hard, but it's worth the effort.

A sats symbol has the potential to transcend language barriers, akin to $, Β₯, €, or Β£.

So we decided to embark on this quest.

Read our announcement: https://blog.bitkit.to/we-still-need-a-sats-symbol-d1471d46131d

it's fascinating to watch the growing awareness of the "zero interest rate phenomenon". i hear about it in every non-#bitcoin tech circle nowadays

now that the concept of malinvestments is mainstream, i wonder how close people are to grasping what fixes this... ⏳

regulated exchanges have an easier time implementing Lightning withdrawals than deposits because sender privacy is pristine, unlike receiver privacy.

i wonder if blinded paths/bolt12 will make it harder for exchanges to integrate Lightning withdrawals πŸ€”

awesome to see nostr:npub18m4nmc2wchzgcmzvnluqjzxyrpshp64mwje2vuz60kulny3v6c0qtgcl2x's Lightspark contributing back to the community

it'd be easier for them to stay in their lane after the backlash they've received, glad they didn't

hope their fresh perspective will be valuable 🀞

https://github.com/lnurl/luds/pull/252

congrats to the brazilian Hashdex team πŸ‡§πŸ‡· for making it into the selected 11 and all, but seriously... $DEFI gotta be the worst possible ticker for a BTC ETF. DeFi is the antithesis of everything #bitcoin stands for.

TIL the term "hyperbitcoinization" was coined by a BSVer

watching a random iPhone 15 vid, and the top comment advocates for violence as a fix to a small problem

i wonder what they'd advocate for if there was a virus spreading around the globe

seeing how frequently people pay to the right mETH address through the wrong network makes me glad we have bolt11 invoices

Nunchuk's Byzantine is one more example of their top-notch product thinking πŸ‘Œ

one of my fav product teams in the industry

excited to see whatever they're building next!

check it out: https://nunchuk.io/blog/byzantine

kudos nostr:npub1qp302p7ry80x8xpcafm4d4szpxvzy8r70lyveg39gk0xgycwu35s06yn58

Prime Trust rugs nostr:npub10wq297er7xzf6yfwljtvhrxscgqgdtzgxlh7c6meuwue8j5r0ajs90achh users > silence

Fortress (supposedly) rugs nostr:npub18p63njhaxftx3m8luk2h0umj8p3cmfx09kv9hqhext7gr5ea585qsc0k8k > loud and clear backlash

Swan’s larger mindshare only partially accounts for the disparity. There's a deeper lesson lurking here… 🍿

I wonder when (or if) nostr:npub1aghreq2dpz3h3799hrawev5gf5zc2kt4ch9ykhp9utt0jd3gdu2qtlmhct will introduce paid apps on their Store to bring in SaaS revenue.

How low is the willingness to pay of FOSS enthusiasts?

How can you market COSS to them without inciting a PR crisis like the update-checks-leaking-IPs incident? nostr:note1vtvrrd0l65p7aprsdq40s6vw6vfzh2dsqy3sperc96cgze9t03fsrykpue

what my mind pictures when I hear Fedimint promoted as "second-party custody":