Same. The good that they are doing by buying bitcoin is maybe reversed by their kyc custodial strategy. But at least they are learning about it. That’s still good.
Education time! 🫡
Yeah, PoW can be built into the binary version of the npub (no nonce), or into a hash of any values. To prove we aren’t just reusing an old PoW i guess it should be a hash of the contents of the signed message. The PoW verification would work nicely into the signature verification flow.
Why is nsec needed? Cant one just add PoW to the signed message?
User drafts message -> pressed add PoW -> user client sends message to PoWaaS -> PoWaaS sends back an LN invoice -> user’s client pays invoice -> PoWaaS sends back nonce
Maybe we need a PoW provider market
Why?
The real custodian play would be to buy on Fidelity and then transfer to Coinbase for long term storage haha
You’ve probably said this before, but why are you a custodian user?
nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 and nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l tried too, with their ridiculously low limits. Might have to check out nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en
? Neither of those are hardware wallets. Isn’t OP referring to vanguard not allowing purchases of bitcoin ETFs?
And maybe far too, iff organizations exist to do it effectively, since sometimes much greater need is not very close.
And if the cost of self custody is $250, then that means for a 5 year hold you need to have a stack of $25000 before self custody is cheaper.
Will be interesting to see whether the regulated institutions also rug or not.
Three and a half months ago I unexpectedly left my last fiat job behind after the company imploded. It was my third layoff in three years.
I put out the call on Nostr, where I had spent the entire year building a new community on a beautiful decentralized freedom protocol, and the outpouring of support was nothing short of heartstopping.
In the weeks that followed, while recovering from surgery, I talked to founders, builders, and dreamers who encouraged me to forge a new path doing what I do best in the bitcoin world. I went to Nashville for my first Nostr conference, met a giant flock incredible plebs in real life, and came back home inspired and rejuvenated.
On January 3rd, the 15th anniversary of the Genesis Block, I joined nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h as the Head of Marketing to help grow this unique and revolutionary community space and push the limits of what a “bitcoin bar” can be, at the exact moment that bitcoin is emerging from the ashes of a brutal bear market and is about to take the entire world by surprise once again.
I don’t even have the words to express my gratitude and respect for everyone who believed in me along the way and shared my vision.
We are the revolution. And we will win.
LET’S FUCKING GO! 🔥🙏🫂💜🫶⚡️🤙
nostr:note1d3ehpfuw960ljdkasrfj65qwrpl2rj8whxy88dh67al9f6vfcuksde8m04
So glad to hear it 🫂🫂🫂
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