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Wicked
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My name's Wicked ✌️🍎🍻. I'm an apple who loves art, math, programming, and Bitcoin. Exit fiat, save in bitcoin, and take it into self custody. Learn UTXO mgmt. https://wickedsmartbitcoin.com/

The Counterparty burn address aside, here's the 2nd address with the most "whole coins" (UTXOs worth exactly 100,000,000 sats).

19GP1D3BPe8K8uvbTaqxLzXPyBFj9GhHrL

Looks like they acquired most of their bitcoin back in 2013, spend some in 2017, then split the rest up into whole coins and have been HODLing all 342 of them ever since.

https://mempool.space/address/19GP1D3BPe8K8uvbTaqxLzXPyBFj9GhHrL nostr:note1v3xd0t36y6mpp65hyvnej97j3992phhye4uw82fneytnps4d499q0c3cqr

What's the story behind the 1CounterpartyXXXXXXXXXXXXXXXUWLpVr Bitcoin address? It controls the most "whole coins" (UTXOs worth exactly 100,000,000 sats) of any address. 1,283 whole coins to be exact. https://mempool.space/address/1CounterpartyXXXXXXXXXXXXXXXUWLpVr

Bitcoin’s 12-CAGR is about to fall off a cliff. 😅

All of the new users are using IOUs instead of real bitcoin. I don’t mind having the cheap block space while it lasts.

What happens to really old notes? Do relays delete them after a while? It’d be cool if there was also a consensual way to delete notes, if the user could mark one for deletion or set an expiration date, at which point the relays could delete them and free up space.

I don’t think so but we’ll see…

1 sat/vB txns are finally starting to get confirmed. Time for some UTXO management.

I think I’ve run out of time to update that one but we’ll see. 😅

Imagine letting the IRS FUD you into consolidating all of your bitcoin into one wallet.

Yeah, if we ever clear 1 sat/vB again I wonder how many of them will be consolidated into larger UTXOs.

I’ve set up Alby Hub which is a non custodial one and seems to be working great as long as you keep it running in the background on your desktop.

Nah because the cost to include them as inputs would be more than they’re worth…so it wouldn’t be worth it.

I guess we’ll just let them keep burning their sats.

Nope, it doesn’t. As long as you keep your zapping wallet off the books. 🤫

Already following him…I think he’s still got me blocked on twitter though. 😅

What are some of the highest signal bitcoin focused accounts to follow on nostr?

The thing I don’t understand about the new IRS rules is whether any of the separate wallet accounting matters if all you ever do is buy, sell, or spend using the same exchange. And I’m assuming that moving between your own wallets still doesn’t reset the cost basis, right?