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Smith
b9c099541a86ca48661297c1840dd1f30f9e3ebe382c189928e3025c815d302d
Bitcoin + Open Source Software + Privacy = Freedom. Stay humble and stack sats🤙

Yes they have issues but it sounds like they are addressing them. Worth a visit to see for myself.

Also have a listen to this episode of Rapid Fire Bitcoin

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Nayib Bukele has just signed into law new Innovation and Technology Manufacturing Incentives Act.

El Salvador now has no tax on income, property, capital gains and import tariffs) on technology innovations, software and app programming, AI, computer and communications hardware manufacturing.

This and the upcoming Bitcoin City make this country very attractive indeed.

https://feedly.com/i/entry/lSCeQryoIaWbgsFxC9qxCuqvZtBBW9kgCBci7y5+T18=_187ee261887:3fbf585:c51640ac

Custodial Lightning Service Tippin.me May Be Exit Scamming

Their support and telegram channel have going silent and users can’t withdraw their funds so this does not look good. It is a reminder of the dangers of using 3rd party custodians Tippin.me and Wallet of Satoshi. If you do use custodial services only keep a vary small amount of sats with them.

https://www.nobsbitcoin.com/tippin-me-potential-rug-pull/

Makes sense #[2]​, like Substack also. Just an idea but like Substack it would help creators to promote the service if they can offer a free subscription. One of the other good things about Substack is the discoverability, have you any ideas how you could help creators be found?

A US Presidential candidate speaking at the Bitcoin 2023 conference in Miami has got to be good for bitcoin. I don't know what Robert F. Kennedy Jr policies are but he clearly supports bitcoin so I will be finding out what they are

https://bitcoinmagazine.com/industry-events/bitcoin-2023-is-robert-f-kennedy-jr-s-first-event-as-presidential-candidate

What Bitcoin Did - Escaping Hyperinflation in a Rolls Royce with Freddie New

In this podcast it was really interesting to learn about Freddie who is Head of Policy at Bitcoin Policy UK. I had heard of the Bitcoin Policy Institute in the US so it was great to hear we had something similar in the UK.

#[0]​ and Freddie discuss how his childhood experiences living in Zimbabwe and Syria shaped his understanding of Bitcoin’s unique properties. This childhood that was a bit different!

They also discuss his amazing efforts in setting up Bitcoin Policy UK, a new and much needed advocacy group promoting Bitcoin to policymakers and the wider public in the United Kingdom.

https://www.bitcoinpolicy.uk/

https://youtu.be/Fdi1kN5QaTo

True and not just the setup, the ongoing management of a LN node is a pain but it is getting better

True but I am finding I can use lightning more and more now. High fees were inevitable but Ordinals made it happen sooner

Montana's Right To Mine Bitcoin Bill Signed Into Law

Bitcoin mining has faced difficulty with regulations at the state and local level before. Montana is among the first states to provide legal protection for bitcoin mining and hopefully more states follow.

https://bitcoinmagazine.com/legal/montana-passes-bill-protecting-bitcoin-mining?ref=nobsbitcoin.com

itcoin Rapid-Fire - Bukele, Bitcoin, & All You Need To Know About Relocating to El Salvador

Great episode #[0]​. Jeremy, the founder of 'Escape To El Salvador' explains what it is like to live in El Salvador and walks us through the process of becoming a resident.

Very little regulation and red tape. No tax on income made outside the country and as bitcoin is legal tender it’s exempt from capital gains tax. I’m now seriously thinking about relocating.

https://youtu.be/E0jvmvbN4N4

Mempools are full and Stacker.News Launches Subs For Bitcoin & Nostr

This must mean we have gone mainstream!

https://www.nobsbitcoin.com/stacker-news-introduces-mvp-of-subs/

Have a good look at the graphic in #[0]​ article. It is a great way to visualise the bank failures in 2008 and compare them to the bank failures in 2023. The 2023 bank failures have only just begun but are much bigger. Many, many more banks will fail in the next few years so Imagine what this graphic will look like at the end of 2025. This is bloody scary!

https://www.discreetlog.com/banking-crisis/