HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH

Law, Laurie, Susan Sabett and Jerry Solinas. American University Law Review 46, no.4 (April 1997): 1131-1162.

This research Essay was prepared by NSA employees in furtherance of the study of cryptography. The contents of the report do not necessarily represent the position or policies of the U.S. Government, the Department of Defense, or the National Security Agency. The authors are mathematical cryptographers at the National Security Agency's Office of Information Security Research and Technology.

To keep life challenging and fun, as a right handed person, I sometimes eat with my left hand. Try it 🤪

There are dozens of Bitcoin "layer 2" projects with millions in VC funding and huge followings on X.

None of the Bitcoiners I know has even heard of them. These projects don't go to Bitcoin conferences, they go to shitcoin conferences.

Layer 2 is this cycle's scam. Be safe.

Australia social network bill is insane. Are people up in arms over it at all?

You basically can’t criticize your government… that’s loss of democracy full stop.

Congrats to all #Bitcoin HODLers, you legends have survived the longest bear market in #Bitcoin history.

🤔 hmmm

Let me know if you need NIP 5 addresses ending with rugmedaddy.info. These can be used to create QR stickers, cards etc. and shared with people at conferences.

The Bitcoin ATM before I try to use it. The Bitcoin ATM while I try to use it. The Bitcoin ATM after I try to use it. Seriously, are these things just there for illustration?

Short break from research camp bc the White Stripes are suing Donald Trump 🤘

"The stuff you argue about for Bitcoin is the same stuff your other block chains will need to deal with once they get significant adoption. Which is unlikely ever to happen."

Not true.

Even with the same traffic Monero would have similar fees as it does right now because of dynamic blocksize. The reason Bitcoin fees get high when more people are trying to use it is users are bidding on limited block space to get their transactions in.

>Onchain fees are 2-3 sats/vb at the moment

why do people keep making this dumb "but it's not raining today" argument? we've both seen the fee charts many many times. $50 UTXOs have become unspendable more often than solana downtime. if maxis get the adoption they feel entitled to, $50 UTXOs will become unspendable all the time. everyone will be forced into a custodial lightning wallet unless they are wealthy enough to be the custodian.

Yes on-chain btc fees are crazy low now, which I assume is due to low use. If true, that is not a good argument for scaling.

And no, I am NOT saying darknet market evasion is the reason for privacy. I'm saying if users have to actually calculate the capital gains/loss on every little purchase, they will avoid using Bitcoin for cash to not have to do that. The only way to make them feel that they do not have to, is if it's private against advanced adversaries.

All the deep state has to do is to make an example of ONE REGULAR person for SMALL amounts, and the entire bitcoin lightning as cash concept will be killed. They can promote that person in the media all day.