Governments essentially want to monitor your activities and transactions when using their fiat currency. It's as if you're entering their territory, and they need to verify your identity and keep tabs on your actions within their domain.
When you intend to leave their domain by exchanging their fiat currency, it's presumed that you've undergone KYC/AML procedures since you already possess their fiat currency.
GM #plebchain, stay humble, stack bits/sats, and think for yourself.
GM #plebchain, stay humble, stack bits/sats, and think for yourself.
Lightning is a privacy filter like a bar tab privacy balance.
Kraken no longer supports Lightning withdrawals for German clients
Be ready for the actions that central banks may take under uncertain economic conditions, as they wield their authority in the name of “protecting users,” but are actually limiting individuals' self-sovereignty and autonomy.
The NEXT Bitcoin President Exposes Her Bitcoin Plan!
https://youtu.be/4_sQ9rNf8U8?feature=shared
For Suriname.
In 2016 the median home in America was worth 646 bitcoins.
Today a median home in America is worth 6 bitcoins.
For bitcoiners this home has become 99% cheaper.
The article reports on a study claiming that microphones on smart devices are being utilized for “Active Listening” to collect and analyze user conversations, enabling targeted advertising.
This practice, allegedly employed by major advertising companies, allows them to monitor users' behavior and preferences through their device's microphone, which can be activated without the user's knowledge or consent.
The article raises concerns over privacy violations and potential abuses of this technology, emphasizing the importance of understanding these practices to protect one's digital security and personal information.
Report alleges that microphones on devices are used for “Active Listening” to deliver targeted ads
This article argues that both former President Trump and Vice President Harris are contributing to the growing national debt, contrary to their claims of fiscal responsibility.
The author contends that their economic plans will add approximately four trillion dollars to the deficit over ten years, according to the Penn Wharton Budget Model study.
This increase in spending, instead of addressing the underlying issues, perpetuates a cycle of inflation and harm to America's financial stability.
The article calls for a return to fiscal responsibility and limited government to ensure a brighter economic future.
Trump and Harris Ignore a Great Danger Facing America
https://mises.org/power-market/trump-and-harris-ignore-great-danger-facing-america
The Central African Republic Adopts Bitcoin As Legal Tender
The African country has become the second nation in the world to adopt bitcoin as legal currency.
https://bitcoinmagazine.com/business/the-central-african-republic-adopts-bitcoin-as-legal-tender
HOTEL BITCOIN - TRÁILER OFICIAL (HD)
Amending the US Constitution, Bill of Rights, and Declaration of Independence is akin to forking the Bitcoin blockchain. Alter any part without consensus, and you're left with two versions, forcing each state (or sovereign individual) to choose which path to follow, much like deciding between competing blockchain forks.
Getting Started Stacking Sats - Noob Journey
https://darth-coin.github.io/beginner/getting-started-stack-sats-en.html
Pollerama: A nostr based polls app with Proof of Work/Contact Lists filtering.
Is Willies's Bitcoin Cave boring?
https://pollerama.fun/respond/a48dc1d9db0dd88ceb85b913e8ada27fd24c90479a0917916355803c9e332f71
"Rollups have become the narrative focus of scaling Bitcoin lately, becoming the first thing to truly “steal the limelight” from the Lightning Network in terms of wider mindshare. Rollups aim to be an off-chain layer two that is not bound or constrained by the liquidity limitations that are central to the Lightning Network, i.e. end users required someone allocate (or “lend”) them funds ahead of time in order to be able to receive money, or intermediary routing nodes requiring channel balances that can facilitate the movement of the payment amount all the way from sender to receiver.
These systems were originally developed to function on Ethereum and other Turing complete systems, but as of late the focus has shifted to porting them to UTXO based blockchains such as Bitcoin. This article is not going to discuss the current state of things being implemented on Bitcoin currently, but going to discuss the function of an idealized rollup that people are aiming for in the long term depending on features Bitcoin currently does not support, namely the ability to verify Zero Knowledge Proofs (ZKPs) on Bitcoin directly."
Bitcoin Rollups - The Rock Or The Hard Place?
A look at the scalability limits of rollups, and the choices in making decisions regarding maximizing it.
https://bitcoinmagazine.com/technical/bitcoin-rollups-the-rock-or-the-hard-place
The article discusses the scalability limitations of rollups, which is a solution to address Ethereum's (smart contract test network) scalability issues.
Ethereum's smart contract test network will eventually migrate its projects finally to Bitcoin's blockchain (production network blockchain). In due course, features that Bitcoin currently lacks, such as the ability to directly verify Zero Knowledge Proofs (ZKPs), will be supported on the Bitcoin production network blockchain. This development will enable the migration of Ethereum projects to the Bitcoin production network blockchain.
It's not a question of if this will happen but rather when it will occur. As these capabilities are implemented, the prospects for interoperability and seamless integration between the two networks will grow.
"Lightning achieved a many-to-one mapping of transactions to transactions... But creating even a single UTXO per user is, arguably, not good enough. So there are many proposals out there to achieve even greater scaling by allowing multiple users to share a single UTXO in a self-sovereign way. Again, collapsing another “space” dimension of scaling users into one UTXO."
— Peter Todd
"An argument for doing a consensus cleanup soft-fork first, prior to enabling any new opcodes or other features for new types of L2’s, is that we’d learn more about how willing the wider community is to implement what should be a relatively uncontroversial soft-fork that arguably benefits everyone."
— Peter Todd
Peter Todd has conducted a comprehensive analysis of various Layer 2 covenant proposals and their associated soft forks to evaluate the core concepts, costs, and benefits of each. As Bitcoin moves towards genuine "L2's" for scaling purposes, what are the potential trade-offs and possibilities for its future?
Continuing this thorough analysis, Peter Todd examines Bitcoin's Layer 2 solutions, including soft fork and covenant proposals such as CTV, OP_CAT, and SIGHASH_ANYPREVOUT. What are the trade-offs between these scaling options? How might they affect Bitcoin's future, and which path offers the best balance of innovation and security?
Soft-Fork/Covenant Dependent Layer 2 Review
https://petertodd.org/2024/covenant-dependent-layer-2-review
Bitcoin Lighting transaction value exchange from one individual to another without a 3rd party bank.
Pay for your coffee with Bitcoin quickly and easily.
Can your coffee machine do this?