Loving these kinds conversations that explore the future of building cyberspace, nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev and nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft. Thanks for the thought provoking dialogue!
Open protocols are amazing
nostr:naddr1qqgrxwrfw5m8garwdvm85aenwajxgq3ql2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqxpqqqp65wxtanuc
It's going to be impossible for businesses with zero Bitcoin on their balance sheet to compete with businesses flush with Bitcoin when the price really starts to rise. BTC poor companies will not be able to keep pace with the incredible innovation the BTC rich companies will be able to push.
If you struggle to see the value of Bitcoin, clearly you've never had the inconvenience of receiving a $1 billion gold delivery from someone you don't trust.
Fiat widens the wealth gap because it allocates fresh inflation to the asset holders. The rich get richer. Bitcoin reduces the wealth gap because it allocates coins to those who produce value. The producers get richer.
Working to keep up with inflation is like paddling against the wind. People don't realize they are being robbed when the wind is slow enough, especially if you tell them it's unavoidable. But the wind is picking up, and people are starting to notice. Bitcoin is a sail.
Introducing a new feature in our Nostr Relay app for Umbrel 🚀
Now you can sync the private relay on your Umbrel with your public relays, and back up your past & future Nostr activity, even if the connection between your client (like Damus) and your private relay goes down.
Just enter your NIP-05 or npub, and you’re all set!✨
→ Demo: https://www.youtube.com/watch?v=yXwcZZ3u2LE
→ Nostr Relay for umbrelOS: https://apps.umbrel.com/app/nostr-relay
Unit bias is when people think they are better off buying a "whole" shitcoin because they can't afford a whole Bitcoin.
Imagine if we could get coinmarketcap to denominate Bitcoin in sats instead of wholecoins.
Sign the petition! https://www.change.org/chancellor-on-brink
Honestly surprised this hasn't happened yet. Signed. Sats are the standard.
Bitcoin wins because it transcends their box.
I understand it better when I realize there is a part of me that loves the comfort, stability, and belonging I feel when I'm able to join the ranks of the collective strength. It seems evolution is served by some individuals lazily surrendering to the status quo to contribute to what has worked in the past, while others challenge the status quo to force change into something better. But how can you prove it's better without the war?
A new level of video quality from nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4um full of wisdom gems. I recently listened through Joseph Campbell's six part YouTube series, The Power of Myth, a couple of times, so this comes at a good time for me while I'm loving thinking through these patterns of meaning making and the human experience.
NEW: HRF announces the Bitcoin Bounty Challenge
20 BTC up for grabs for 10 UX improvements to Bitcoin (mainly focused on mobile wallets) requested by dissidents and human rights groups from across the world 🌍
Bounty #1: Open Sourcing the Design Guide
2 BTC to port the Bitcoin UI Kit from Figma to an open-source Penpot (@Penpotapp) project
Currently, the Bitcoin UI Kit is only available in a proprietary Figma file format
Bounty #2: Serverless Payjoin
2 BTC to deploy a production-ready version 2 payjoin protocol which may send and receive payjoin transactions without requiring a sender or recipient to operate a public server
Bounty #3: End-to-End Encrypted Nostr Group Chats
2 BTC for the creation of end-to-end encrypted group chats powered by any popular Nostr client that do not leak metadata to third parties
Users must be able to chat with at least two other Nostr users
Bounty #4: Silent Payments
2 BTC for a mobile Bitcoin wallet which can send and receive Silent Payments in a private manner without requiring the user to run a full node
https://bitcoinops.org/en/topics/silent-payments/
Bounty #5: Human Readable Offers
2 BTC for a human-readable BOLT 12 offer generator feature integrated into a popular iOS or android bitcoin wallet
Bounty #6: Self-custodial Mobile Lightning Address
2 BTC for an easy-to-setup self-custodial mobile Lightning address generator integrated into a popular iOS or android bitcoin wallet
Bounty #7: Mobile Border Wallets
2 BTC for the integration of @BorderWallets optionality in addition to a seed phrase for a popular iOS or android wallet
The user of the wallet should be easily able to choose to use border wallet functionality to create their seed
Bounty #8: Easy Mobile Multisig
2 BTC for the implementation of a “tap or airdrop to create 2 of 3” multisig functionality for an open-source popular iOS or android wallet
The wallet must be self-custodial, with a method for users to recover funds using open-source software
Bounty #9: Frost Multisig Wallet
2 BTC to a FROST-powered dynamic mobile multisig that allows the user to modify the signer set without moving funds to a new address
The wallet must be self-custodial
Bounty #10: @CashuBTC
0.5 BTC for a fully-functional iOS Cashu app
0.5 BTC for a fully-functional Android Cashu app
0.5 BTC for an open-source Cashu web widget for anonymous paywalled content
0.5 BTC for Cashu-TS backup restore
*****
We are launching with an initial set of 10 bounty challenges
More bounties might be added as we go
An individual or team who fully solves any of the ten challenges will be eligible to receive a bounty of 2 BTC
For transparency: submissions will be shared with external industry experts to help us discern whether submissions meet bounty requirements
HRF will be making decisions in a charitable way for bounty submissions that make a good faith effort to meet the requirements
We will be leaning to the spirit, not the letter, of the law
Individuals and teams are encouraged to contact bounty at hrf dot org with any questions during the bounty process
HRF retains final approval on allocating prize funds
The Bitcoin Bounty Challenge will run until December 31, 2024
Any unclaimed bounties will convert into general operating funding for the HRF’s Bitcoin Development Fund on January 1, 2025
An individual or team may collect any amount of bounties
If a leading wallet maker or for-profit corporation would like to compete, we would be delighted
To claim a bounty submit proof to bounty at hrf dot org
For full terms and conditions visit hrfbounties.org
This project was born out of 6 months of field research where HRF staff met with + interviewed a) dissidents and human rights NGO leaders from around the world and b) Bitcoin developers
The goal was to settle on a mix of desired upgrades to Bitcoin that seemed somewhat realistic
We fully expect a handful of these bounties to be claimed by the end of next year
We fully expect the bounties to spark debate, arguments, new ideas, criticism, and other stuff that may indirectly help Bitcoin and Bitcoin users
We *do not expect* all of bounties to be claimed
You all have 523 days left
Good luck!
And big thanks to @BitcoinMagazine for covering the news :)
This boots-on-the-ground curated list of high value Bitcoin bounties thrills me to the core. Inspiring work. 🫡
Excellent video! Thanks for your work! We've been unschooling our kids for 15 years now. It's a beautiful life. It's hard to see so many people stuck in the old way. Zapped ⚡!
"Where I once would fear the cost of truth, now I only ask: What is the cost of lies?"
The HBO miniseries Chernobyl is a powerful presentation of the destructive power of noble lies.
"When the truth offends, we lie and lie until we can no longer remember it is even there, but it is still there. Every lie we tell incurs a debt to the truth. Sooner or later, that debt is paid. That is how an RBMK reactor core explodes."
"Why worry about something that isn't going to happen? Oh, that's perfect. They should put that on our money."
Like a runaway reactor core, the noble lies also infect our money. "The banks are safe. Bonds are risk free yield. Inflation is necessary for growth. Homes are good investments. The stock market is responsible retirement."
I look at this less from the lens of "saving the dollar"
and more like:
Saving the American population from a head-on collision with the fierce reality of an emerging monetary system that can't be outcompeted with. It will wreck havoc on nation states that continue to ignore it's growth and value proposition (relative to fiat) on the global stage.
What Kennedy is saying here is REALLY important - and not just for the US, but for any country trying to navigate this emerging situation.
https://twitter.com/WalkerAmerica/status/1682053387406196739
It's not about "backing" the dollar with Bitcoin. It's about strengthening the US balance sheet with Bitcoin.
Center your country in the Tao
and evil will have no power.
Not that it isn’t there,
but you’ll be able to step out of its way.
Give evil nothing to oppose
and it will disappear by itself.
- Tao Te Ching on Bitcoin
Governing a large country
is like frying a small fish.
You spoil it with too much poking.
- Tao Te Ching