Focus and zoom out
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"It might feel as if the promised future is perpetually out of reach, but building Lightning is a lot like climbing a mountain. Climbers never really see the summit until they’re standing on top of it. They often can’t even see over the next ridge. Planning the ascent is important, but most of the time you’re simply concentrating on the next foothold. But the steps add up. Just like the view from the top is the reward for all that effort, a brighter monetary future will be our reward for building the network bit by bit." --Roy Sheinfeld
A concise exploration of a technical challenge that also reveals an underlying truth, providing a compelling narrative. It's easy to become disillusioned by Bitcoin's unmet lofty expectations, but it's essential to maintain a clear view of our origins. We must measure our progress based on our actual starting point, rather than against an idealized past or unrealistic hopes. Let's examine an insightful piece by Roy Sheinfeld, the CEO of Breez
The Past, Present, and Future of Offline Payments
https://medium.com/breez-technology/the-past-present-and-future-of-offline-payments-1ddb46054e11
Inflation In A Hyperbitcoinized World
https://allenfarrington.medium.com/inflation-in-a-hyperbitcoinized-world-a51500a473e6
In a hyperbitcoinized world, inflation can still occur despite the limited supply of 21 million BTC. This challenges traditional economic models and raises questions about the nature of inflation.
To explore this concept further, you can listen to Allen Farrington's 2021 analysis on the subject.
“Izzy said there could be inflation in a hyperbitcoinized world. And she's right. Calm down, maxis, calm down!
Explaining why this is true sheds light on yet another of Bitcoin’s quasi-magical properties and paints our hyperbitcoinized future an even rosier shade of orange. This is good for Bitcoin.” --Allen Farrington
Gossip is a desktop client for NOSTR
Custodial wallets have your information
Coinjoins are super important for privacy.
Elon should deploy @Starlink satellites running #bitcoin / #BitcoinLayer2 node to the moon using @SpaceX, so we can have constant communication and value transfer capabilities even on the dark side of the moon.
Fiat inflation not only acts as a concealed tax on the general population but also serves as the catalyst for the most negative aspects of our system, fueling both the war machine abroad and the growth of a surveillance state at home.
It promotes a culture that rewards reckless and detrimental decisions, while penalizing those who live prudently and prepare for the future. It is a force that robs us of our wealth, our principles, and our resilience.
Great book to read
“The foregoing considerations are by no means an exhaustive account of the cultural and spiritual legacy of fiat inflation. But they should suffice to substantiate the main point: that fiat inflation is a powerhouse of social, economic, cultural, and spiritual destruction.” --Guido Jorg
How Inflation Destroys Civilization
by Hulsmann, Guido Jorg
Inflation doesn’t only make us poorer. It harms our culture, mental well-being, and the moral foundations of civilization itself.
https://store.mises.org/How-Inflation-Destroys-Civilization-P11279.aspx
Mobile Bitcoin Wallets Directory
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India's IT ministry looks to block Proton Mail on request of Tamil Nadu police
Test
This tiny, tamper-proof ID tag can authenticate almost anything
MIT engineers developed a tag that can reveal with near-perfect accuracy whether an item is real or fake. The key is in the glue on the back of the tag.
https://news.mit.edu/2024/tiny-tamper-proof-id-tag-can-authenticate-almost-anything-0218
This new tag ID tech shared a major security vulnerability with traditional RFIDs: A counterfeiter could peel the tag off a genuine item and reattach it to a fake, and the authentication system would be none the wiser.
To solve this the researchers have developed an antitampering ID tag that still offers the benefits of being tiny, cheap, and secure by mixing microscopic metal particles into the glue that sticks the tag to an object, and then use new ID tech to detect the unique pattern those particles form on the item’s surface. Akin to a fingerprint.
The future of encrypted email!
The Death of Decentralized Email
A historical review of the multi-decade centralization and capture of the email protocol.
https://blog.lopp.net/death-of-decentralized-email/?utm_medium=email&utm_source=hs_email
Every day, law-abiding citizens leverage encrypted email to safeguard their privacy. This widespread adoption strengthens the concept of decentralized email, a crucial defense against the concerning trend of email centralization, as Jameson highlights in his blog post.
If we all encrypt we cannot be targeted.
npub.cash – everyone with a Nostr public key (npub) now has a Lightning address!
How to Set Up and Use the Start9 Embassy Personal Server
The Start9 Embassy is a personal server that allows individuals to reclaim privacy, data, and monetary sovereignty by running their own Bitcoin software stack. This guide will walk you through setting up, building, and using the Start9 Embassy from start to finish.