RoboSats Twitter (https://nitter.net/RoboSats/status/1670064891275759618)
Extremely informative thread on different P2P structures, and an early history of bitcoin P2P escrow schemes.
Worth a read! 🤖👍
Clearly explains how a Lightning hold invoice functions in a P2P exchange like RoboSats. See the RoboSats docs too: https://learn.robosats.com/docs/escrow/#what-is-a-hold-invoice
Quote Tweet Thread @JonnyJi50127056 :
"LA CUSTODIA Y LA CONFIANZA EN LOS INTERCAMBIO P2P DE #BITCOIN
Una de las formas más simples de conseguir Bitcoin es en los intercambios de P2P, sitios donde el comprador/vendedor puede intercambiar directamente de una persona a otra los bitcoin a cambio de..." (https://nitter.net/JonnyJi50127056/status/1669841091615440905)
Matt Corallo is one of Bitcoin’s most prolific developers and opinionated voices… especially on social media. Having been in the space for nearly a decade and a half, he’s earned the right to an occasional grudge. In this new recurring newsletter, we’ll see what’s grinding Matt’s gears this month.
—
If I've learned anything in my nearly 15 years of working on bitcoin, it's that building trustless stuff on bitcoin is Hard (with a capital H). For the last 14 years, I've spent probably tens of thousands of hours trying to create the best user experiences for people who want to use bitcoin in a truly noncustodial way. Yet, every day feels like more of an uphill battle than the last.
...
Given the options today, Lightning, directly on a bitcoiner's device, is the only viable option here and ultimately must play an important role in any wallet wishing to consider itself a standard-bearer for Bitcoin.
https://spiralbtc.substack.com/p/custodial-solutions-are-not-solutions?triedRedirect=true
I think it is more like "people must better than centralized mass formation media" otherwise humanity is dead.
Nostr is already better and will be home for educated life forms.
NIP 13 introduces the PoW, as a means of spam deterrence.
https://github.com/nostr-protocol/nips/blob/master/13.md
There's another nip (not yet published) that will introduce reputation.
#nips #nostr #PoW #spam
No. But cosmic with Nixos and Fedora.
Aus The ₿itcoin Myths debunked
#24 - Quantencomputer würden die Sicherheit von Bitcoin brechen?
Obwohl ECDSA unter Quantencomputern unsicher ist, gibt es Quantencomputer noch nicht und wird es wahrscheinlich auch eine Weile nicht geben. Das DWAVE-System, über das in der Presse oft geschrieben wird, ist, selbst wenn alle seine Behauptungen wahr sind, kein Quantencomputer einer Art, der für Kryptographie verwendet werden könnte. Die Sicherheit von Bitcoin hängt bei richtiger Verwendung mit einer neuen Richtung bei jeder Transaktion von mehr als nur ECDSA ab: Kryptografische Hashes sind unter QC viel stärker als ECDSA.
Die Sicherheit von Bitcoin wurde so konzipiert, dass sie abwärtskompatibel aktualisiert werden kann und bei einer drohenden Bedrohung aktualisiert werden kann (vgl. Aggarwal et al. 2017, „Quantenangriffe auf Bitcoin und wie man sich davor schützt“).
Siehe die Auswirkungen von Quantencomputern auf die Public-Key-Kryptografie.
Das Risiko von Quantencomputern besteht auch für Finanzinstitute wie Banken, da sie bei der Transaktionen.
Hier ist eine meisterhafte Antwort auf Angriffe auf Bitcoin mit Quantencomputing von Andreas Antonopulous.
https://v.nostr.build/0BuaCXiQKBe8p9xB.mp4
#quantum_proofing #bitcoin
Citadel v0.2.3 and #Citadel Nirvati Technical Preview Are Available to Download As Alpha Software
"Citadel is modern, mostly open source and soon to be fully FLOSS #Bitcoin #Node implementation originally based on Umbrel, but we have moved most of our codebase away from Umbrel."
https://www.nobsbitcoin.com/citadel-v0-2-3-and-citadel-nirvati-available/
Moving self-hosting beyond servers
Recently, self-hosting has been getting more popular. It promises independence of centralized cloud providers, and is giving control back to users. So far, there have been many issues with self-hosting that made many existing solutions impractical to use in practice, or at least significantly diminished the benefits. Self-hosting should be as simple as using cloud providers, but in a sovereign manner. That is why we are building Nirvati. In this post, I want to explain some of the conceptual drawbacks in currently available solutions, such as CasaOS, umbrelOS or startOS; and try to explain how we are building a better platform. Nirvati’s benefits are not just at the software level, but extend to the underlying concepts and ideas. This is why we can’t easily improve an existing software, but decided to build one from scratch.
Who owns your server?
Right now, many popular software projects that facilitate self-hosting are not really open source. While startOS is a notable exception, other solutions, such as umbrelOS or CasaOS claim to be “open”, but delay code releases, or don’t really have an open source license that allows any modifications. This considerably takes away control of “your” server. If you depend on a company to sustain the development of a software, that company could make arbitrary decisions (removing apps via an update, charging a fee for updates, take away download servers, ...) which could significantly impact what you can do with “your” server. Nirvati fixes this by using a Copyleft license. That basically means that you as a user can do anything you’d like with the code. There is just one exception: If you share (or sell) software based on our code with your modifications, you need to grant the same rights to your users we granted you. This ensures that even if a company decides to build a hosting solution or an alternative software on top, their version stays completely open, and we can merge back improvements. As part of the commercial backing, many systems hide support for 3rd party apps, or don’t support them at all, which makes you depend on another service with no easy way to opt out. In contrast, Nirvati allows you to add 3rd party app stores right into the main apps list, not a separate, hidden menu.
Day two of Bitcoin no longer being legal tender in El Salvador. Some updates...
#ElSalvador #Bukele #IMF #Bitcoin
"There are a lot of people who seem to misunderstand what Legal Tender means and also how IMF loans work
Bitcoin is no longer legal tender, anyone claiming the contrary is at best misinformed. I've attached what the actual law changes are so you can read for yourself that the language was changed, removing all references as bitcoin as money or legal tender, plus the actual conditions, such as the govt accepting bitcoin for things such as taxes, are now prohibited. I've also attached a screenshot of what the definition of legal tender is
El Salvador will not be able to buy Bitcoin with the loan, either direct or indirect. This is just an ignorant cope from a lot of bitcoiners tbh. Yes, money is fungible but the IMF isn't evil because they are dumb. They set the terms and it is at their sole discretion if the sprit of those conditions are being met. This isn't my opinion this is literally how every IMF loan has been structured for decades. Read a book. I'm so tired of seeing this cope. I will once again offer this: if you think I'm wrong and that El Salvador will take this money and then use it, either direct or indirect, to buy bitcoin, then let's bet 1 Bitcoin on it. If you're right, I send you one bitcoin. If you're wrong, you donate one bitcoin to @MyfirstBitcoin_
What about the one bitcoin per day program? I don't know. The language of the draft agreement doesn't seem to prohibit the continuation of that program and therefore I would have presumed that it would continue. That said, the fact they have been skipping days for the first time ever and with zero explanation makes me wonder. There is a screenshot of a three day gap in purchases from earlier this week and you can look this all up yourself on the blockchain of course
Final thoughts: The IMF is the enemy. Yesterday, today, tomorrow and EVERY DAY. This isn't necessarily about the content of the changes it's about making a deal with the devil. If you lay down with dogs, you get fleas"
https://fixupx.com/jdennehy_writes/status/1885346352621617615
"He sniffed the sweetness of the tawny grass, which entered his brain and set his thoughts whirling on from the particular to the universal."
Martin Eden -Jack London
#MicroStrategy has no chill ...
🇪🇺 ECB chief Lagarde says she "is confident" that Bitcoin will not end up in the EU central bank reserves.
https://junkflex.com/bitcoin/lagarde.mp4
:reward: Share > Like > Comment = ⚡️21
:topreward: Top Comment = ⚡️500
(For 24 hrs Only)
Then for sure it will ...
nostr:note1uz4s8rxevrkqdlfj3yeq52qd0g4u5wrr3rtz5t7vmkkcypy8k8wsrgg57l
IMF loans comes with strings attached and they will not be ok with buying more Bitcoin with it.
Jeffrey Sachs: "U.S. Leaders Are Stupid & Arrogant!"
Renowned economist Jeffrey Sachs doesn't hold back in this explosive interview. He exposes U.S. arrogance, the misunderstandings and failures of global institutions, and why we can't trust our leaders. From Ukraine to Nord Stream, from deep state politics to global power struggles - this is a must-watch conversation!
🎥 Watch now: https://youtu.be/2DmVkaivKyw
Never is early enough.
Hej, looking forward to meetup. We do Lightning nodes in Conil for SMBs so far it´s three and counting 🙂
Conil btcmap.org
Bukele failed his people as a economist, he spent to fast to much money on debt and now he accepted a deal with the devil the #IMF!! It is not about Bitcoin and the reserves they are developing great but he did not have enough for the amount of reckless spending.
Learn the basics from Milei and the Austrian economists Mr. Bukele !!
Here is the background:
https://www.bbc.com/news/articles/c20e3l3xllwo
"El Salvador has struck a $1.4bn (£1.1bn) loan deal with the International Monetary Fund (IMF) after agreeing to scale back its controversial bitcoin policies.
The global lender said risks related to the adoption of the world's largest cryptocurrency had eased now that businesses will be allowed to decide whether or not to accept bitcoin.
In 2021, El Salvador became the first country in the world to make bitcoin legal tender.
This week, the cryptocurrency briefly hit a fresh record high of more than $108,000.
"The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies," the IMF announcement said.
"Legal reforms will make acceptance of Bitcoin by the private sector voluntary. For the public sector, engagement in Bitcoin-related economic activities and transactions in and purchases of Bitcoin will be confined."
The deal, which is aimed to help support El Salvador's economy, still needs to approved by the IMF's executive board.
The IMF had opposed the Salvadorean President Nayib Bukele's crypto-friendly policies, warning they could become an obstacle to it offering financial assistance.
Still, Bukele celebrated on social media as bitcoin rallied after Donald Trump's US election victory in November.
..."
Danke für den Interessanten Beitrag.
Die Kernaussagen basieren auf einem Modell der Werteebenen (Spiral Dynamics), das zwar interessante psychologische und soziologische Einsichten bietet, aber aus meiner Sicht stark vereinfachend und normativ wirkt.
Es wird hier unterstellt, dass Gesellschaften und Individuen sich linear auf bestimmten "Werteebenen" entwickeln, wobei die Ebenen hierarchisch strukturiert erscheinen.
Dies widerspricht (m)einer libertären Sichtweise, die Vielfalt und individuelle Selbstbestimmung als Grundprinzipien der Freiheit betrachtet, anstatt gesellschaftliche Entwicklungen in Kategorien zu zwingen.
Das Model zeigt zwar interessante Differenzierungen auf, ist jedoch aus libertärer Sicht zu kollektivistisch und zentralistisch geprägt und genau da sind aud meiner Sicht die Ursachen der aktuellen Demokratie-Krise zu sehen.
Ein dezentralisierter, individueller Ansatz, der auf Freiwilligkeit und Marktmechanismen basiert, wird nicht berücksichtigt, obwohl er eine zunehmend tragfähige Alternative zu den beschriebenen Wertesystemen darstellt.
Viele der beschriebenen Herausforderungen (z. B. Umweltprobleme, soziale Konflikte) können durch den Rückzug des Staates und die Einführung (wirklich) freier Märkte und privater Vereinbarungen besser gelöst werden - hierbei stellen die deutschen, staatlichen "Privatisierungen" z.B. im Bereich Gesundheit oder der Bahn eben keine wirklich freie Märkte her, sondern im Gegenteil konzern-staatliche Oligopole.
Gesellschaften sollten nicht danach beurteilt werden, auf welcher "Werteebene" sie sich befinden, sondern ob sie die Freiheit des Individuums respektieren und fördern.
Anstatt Werteebenen als evolutionäre Stadien zu betrachten, sollte der Fokus auf der freiwilligen Kooperation zwischen Individuen liegen, unabhängig von deren Weltbildern.
Prima, sehr gehaltvoller Artikel. 😇Vielleicht etwas umfangreich für ELI5 ? Mehr Fokus auf leichten Einstieg und Vorteile und etwas weniger technische Begriffe, dann ist es noch besser.
Prof. Dr. Rupert Scholz – #Meinungsfreiheit – ein #Grundrecht in Gefahr? - YouTube
https://m.youtube.com/watch?v=hDsVR3DN-mA
Prof. Dr. Rupert Scholz, Professor emeritus der Universität München (Lehrstuhl für Öffentliches Recht und Verwaltungswissenschaften), von 1981 bis 1988 Senator in Berlin, 1988 bis 1989 Bundesverteidigungsminister.
Von 1990 bis 2002 Mitglied des Deutschen Bundestages, 1998 bis 2002 Vorsitzender des Rechtsausschusses.
Rupert Scholz ist einer der bekanntesten Staatsrechtler Deutschlands, Mitherausgeber und -autor des führenden Kommentars zum Grundgesetz Dürig/Herzog/Scholz.
Referat zum Symposium „Meinungsfreiheit - ein Grundrecht in Gefahr“ des Netzwerks Kritische Richter und Staatsanwälte – KRiStA (https://netzwerkkrista.de), 16.11.2024 im Volkspark Halle (Saale)
➡️@ecopolis .news⬅️
"Let‘s talk about @ambosstech
‘s new product „Reflex“ and why you should close all channels to Amboss immediately.
Reflex is a product bringing OFAC compliance to LN Nodes, yet the product is advertised as increasing „Freedom“ for node runners - and freedom, according to Amboss, apparently means compliance with some of the most unjust, racist regulations existing in the world today.
OFAC enforces trade sanctions based on US foreign policy and national security interests. These include financially interacting with *any* individuals from countries such as Russia, Iran, Cuba, Venezuela, or Syria.
OFAC discriminates, based on country of birth, residency, and citizenship, against some of the most vulnerable people around the world. For years, particularly people of middle eastern descent have been subject to no-notice account freezes and account closures, if they are even able to open a bank account at all - all thanks to OFAC."
...
"If you believe for bitcoin to be freedom money, and want it to remain an important tool for human rights, close all channels to amboss nodes and stop using their services immediately."
Source
By EZ in News — Mar 25, 2024
Julian Assange US Extradition Appeal Ruling to be Delivered Tomorrow
https://www.nobsbitcoin.com/julian-assange-appeal-ruling-to-be-given-tomorrow/
"London's High Court will hand down its ruling on Tuesday on whether WikiLeaks founder Julian Assange will be able to appeal against extradition from Britain to the United States, in what could be his final legal challenge in British courts," reported Reuters.
El Salvador Has Thousands More Bitcoins Than Previously Known
March 15, 2024
El Salvador has moved over 5,000 BTC into a cold wallet, nearly doubling its known stash of the digital asset.
The country's President, Nayib Bukele, referred to the new setup as "our first #Bitcoin piggy bank" and stored the cold wallet in a physical vault within the national territory.
This revelation shows that El Salvador has been holding more bitcoins than previously believed, with public trackers placing its trove at less than 3,000 BTC.
The majority of the bitcoin held in the cold wallet came from Bitfinex, according to Arkham Intelligence.
El Salvador BTC UTXOs
https://www.blockchain.com/explorer/addresses/btc/32ixEdVJWo3kmvJGMTZq5jAQVZZeuwnqzo
Bitcoin Balance
5699.74984418• $404.367.840
JPM is responsible for acquiring the necessary bitcoin ...
is all you need to know ...
"“…from at least 2008 through 2016, JPM, through numerous traders on its precious metals and Treasuries trading desks, including the heads of both desks, placed hundreds of thousands of orders to buy or sell certain gold, silver, platinum, palladium, Treasury note, and Treasury bond futures contracts with the intent to cancel those orders prior to execution. Through these spoof orders, the traders intentionally sent false signals of supply or demand designed to deceive market participants into executing against other orders they wanted filled. According to the order, in many instances, JPM traders acted with the intent to manipulate market prices and ultimately did cause artificial prices.”
"Everything is going to be ETF’d"
Fink,
Blackrocks big attack on Bitcoin and Nature itsaelf is to corrupt all blockchain ledger and manipulate all markets.
The premise is that through tokenization, all assets can be fractionalized
BlackRock's Plan To Own The Fractionalized World
...
“If we can ‘ETF’ a Bitcoin, imagine what we can do with all financial instruments.”
Fink continued, speaking about Bitcoin itself, stating “I don’t believe it’s ever going to be a currency. I believe it’s an asset class.”
...
Bitcoin: Commodity, Not Currency
...
In the aftermath of the recent Bitcoin ETF approvals, BlackRock’s Larry Fink revealed that soon everything will be “ETF’d” and tokenized, threatening to fractionalize not just existing assets and commodities, but the natural world, reducing most living things into Wall Street financial products to be traded on a single, universal ledger.
...
➡️@ecopolis⬅️
The "What is Money?" Show: A Future with Bitcoin Mining in Every Home? with John Stefanopoulos (WiM380)
Episode webpage: https://whatismoneypodcast.com/episodes/a-future-with-bitcoin-mining-in-every-home-with-john-stefanopoulos-wim380-kf64OkNh
John Stefanopoulos joins me to discuss the future of Bitcoin mining and why its decentralization is important, running a full node, and how miners protect the Bitcoin network.
John Stefanopoulos is the CEO and Founder of FutureBit.
// OUTLINE //
00:00:00 - Coming up
00:00:34 - Intro
00:02:07 - Helping Lightning Startups with In Wolf's Clothing
00:02:54 - Introducing John Stefanopoulos
00:03:19 - Genesis of FutureBit
00:07:55 - Bitcoin Mining: ASIC, USB Miner, and Full Node
00:09:38 - What is Hash?
00:11:28 - Understanding Bitcoin
00:14:10 - Defining ASICs
00:16:56 - Centralized Market of ASIC Hardware
00:18:18 - Significance of Hashrate
00:21:31 - Ways to Incentivize People into Bitcoin
00:22:48 - Run Your Business From Anywhere with NetSuite
00:23:53 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
00:24:49 - What is a Full Node?
00:27:13 - Incentives for Running a Full Node
00:29:44 - A Quick Recap
00:31:57 - Decentralization Issue of Bitcoin
00:36:03 - What is a Mempool?
00:39:39 - Censorship Resistance Issue with Bitcoin Mining
00:41:55 - The Power of Numbers
00:45:02 - Take Control of Your Healthcare with CrowdHealth
00:46:04 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:46:56 - What is a Mining Pool?
00:50:25 - Centralization of Mining Pools
00:52:42 - Future of Bitcoin Mining
00:59:04 - The Mainframe Moment for Bitcoin Mining
01:01:18 - More Miners, Better Network
01:02:59 - Where to Find John on the Internet