Report: Bitcoin vs the $156 Trillion Global Payments Industry
- "Worldwide adult ownership of financial accounts has risen from 51% in 2011 to 76% in 2021 according to The Global Findex Database 2021, and an estimated 10% of the global population does not have a government-issued ID to open an account."
- "There is roughly 2.34 million bitcoin stored on 20 major exchanges as of June 2023." 500k is held on Coinbase, and 630k BTC is held on Binance.
- "An estimated 70% of users hold bitcoin on exchanges and 80% in mobile or desktop wallets, so there is a significant overlap between the 32.9 million active entities and exchange users."
- "89% of consumers do not engage in payments and hold their bitcoin to make a profit. U.S. consumers are discouraged from spending bitcoin through taxation rules that turn transactions into taxable events."
- "El Salvador’s central bank reported that from January to May 2022, Chivo Wallet processed $52 million in remittances or 1.6% of its total estimated volume of $3.175 billion. This number is relatively high, given how new Bitcoin is to many people."
https://www.nobsbitcoin.com/report-river-bitcoin-vs-payments/
Citadel v0.2.3 and Citadel Nirvati Technical Preview Are Available to Download As Alpha Software
- Citadel v0.2.3: the default version of Citadel. "This version will soon be replaced by the new Nirvati release, but is currently the version with the most features and also features an app store with a variety of apps."
- Citadel Nirvati edition (technical preview): "The next generation of Citadel. 100% open source, most parts rebuilt from scratch, and a lot more features in the core. Apps are still mostly missing, including basic Bitcoin & Lightning features."
https://www.nobsbitcoin.com/citadel-v0-2-3-and-citadel-nirvati-available/
Jack Dorsey's #startsmall Pledges $5M Over 5 Years To Support Bitcoin Developers
"Brink is very grateful for this extended pledge to support our Bitcoin developer funding efforts. $1,000,000 a year for each of the next 5 years means that we can help make Bitcoin development a sustainable career for the talented developers that are building, securing, testing, and reviewing the Bitcoin Core codebase," said Brink's Mike Schmidt.
https://www.nobsbitcoin.com/jack-dorseys-startsmall-pledges-5m-over-5-years-to/
Blockstream's ASIC Miner To Launch in Q3 of 2024
Blockstream has announced that it plans to reveal its much anticipated Application-Specific Integrated Circuit (ASIC) miner in Q3 of 2024.
Bitcoin Optech #255: Taproot Annex
Zeus v0.7.6 Update Rejection By Apple Highlights A Need For Open Alternatives
Zeus v0.7.6 update has been rejected from Apple's App Store, once again highlighting the issue of Apple's walled garden policies.
Bitcoin Volunteer Opportunity Board for FOSS Projects Launched
Bitcoin Volunteer Opportunity Board for FOSS projects is an initiative by the Bitcoin Product Community. It aims to connect FOSS Bitcoin projects and volunteers.
https://www.nobsbitcoin.com/bitcoin-volunteer-opportunity-board-for-foss-projects-launched/
Bitcoin Satellite v0.2.4 on Bitcoin Core v25.0 Released
"The Blockstream Satellite network broadcasts the Bitcoin blockchain around the world 24/7 for free, protecting against network interruptions and providing areas without reliable internet connections with the opportunity to use Bitcoin."
https://www.nobsbitcoin.com/bitcoin-satellite-v0-2-4-on-bitcoin-core-v25-0-released/
Olso Freedom Forum 2023 Day 2 Livestream
Oslo Freedom Forum is a global conference series produced by the Human Rights Foundation (HRF) that brings together the world’s most engaging human rights advocates, journalists, artists, tech entrepreneurs, and world leaders.
Zapping Notes Is Not Allowed, Says Apple, As The Battle For Zaps on App Store Continues
Damus, a popular Nostr client on iOS, is still being forced to remove zap button from user posts on the App Store, as Apple considers it a way of "selling digital content."
https://www.nobsbitcoin.com/the-battle-for-zaps-on-damus-continues/
Atomic Wallet Heist Tops $100 Million, Method Still Unknown, Says Surveillance Firm Elliptic
"We are tracking well over 5,500 crypto wallets believed to have been compromised in the attack," the surveillance firm said.
https://www.nobsbitcoin.com/atomic-wallet-heist-tops-100-million/
Tails v5.14: LUKS2 with Argoin2id, Backups, Captive Portal Detection, Electrum Donations
- "It's a major version with a new backup feature in Tails Installer, automatic upgrade of the Persistent Storage to LUKS2, and captive portal detection."
- "Many people use Tails to secure their Bitcoin wallet and donations in Bitcoin are key to the survival of our project, so we integrated a way to donate from Electrum in Tails."
Stacker.news Improvements: Tech Sub, Markdown Shortcuts & More
https://www.nobsbitcoin.com/stacker-news-improvements-tech-sub-markdown-shortcuts-more/
MyNode v0.3.18: Enabled mempoolfullrbf, App Upgrades
BitMask v0.6.0 Beta: Mainnet Support, Taproot, RGB, Carbonado
BitMask is a browser extension that allows users to access decentralized applications on the Bitcoin blockchain using protocols like RGB.
Mnemonikey: Human-Readable PGP Key Backups
Mnemonikey lets you save your PGP identity as a list of English words and use these words to recover lost keys or derive new subkeys.
https://www.nobsbitcoin.com/mnemonikey-pgp-key-backups-for-humans/
Core Lightning v23.05.1: Bugfix Release
"This is a bugfix-only release which repairs several crashes reported in the wild. It is a recommended upgrade for anyone on v23.05."
Jack Dorsey on Twitter, AI Regulation, Freedom Tech and More
Damus To Be Removed From Apple's App Store in 14 Days Due To Zaps
"This would be a watershed moment: If people can’t transact freely p2p on their platform, this has huge implications for the entire ecosystem of apps with lightning integration and v4v."
https://www.nobsbitcoin.com/damus-to-be-removed-from-apples-app-store-in-14-days/
Oslo Freedom Forum 2023 Day 1 Livestream
Oslo Freedom Forum is a global conference series produced by the Human Rights Foundation (HRF) that brings together the world’s most engaging human rights advocates, journalists, artists, tech entrepreneurs, and world leaders.