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Running Bitcoin, Lightning, and now on Nostr

I liked it better when this guy disappeared.

They quickly went dark with the whole push when it backfired on them. I don’t think we’ll ever see that skull again.

They were going to drop firmware allowing extraction of private keys to their servers along with a trusted 3rd party. To use this service you’d have to KYC the wallet. Being closed source no one can verify how this actually works, if it’s a back door. They also have a history of losing customer data so they can’t keep private keys safe (no 3rd party can). It’s basically an open door for a new 6102 and they were called out on it. They didn’t expect the backlash and quickly pulled the firmware but how would anyone know if this type of thing isn’t already on their device? Lets not forget the proprietary ledger live software you need to use to update and setup with where their servers know what you have on your device.

Now think of how many normies own these devices.

"They'll accuse the U.S. government of making money out of thin air. Maybe we do, but we're the U.S. government."

-Brad Sherman

I think about this quote from time to time.

Gradually, then suddenly.

One by one the dominoes will fall. The race for governments to acquire the most Bitcoin has likely begun in silence. Wait until that cat is out of the bag. Things going to get interesting.

My favorite part of the “change the code” attack is how quickly Bitcoiners neutered it. Quickly adopting the mascot and debunking any and all FUD associated with the movement. Now the FUDsters have lowered the bar adopting bitboy as their newest peddler of lies. Really bringing out their best.

Bitcoin will win. Bitcoin will become the world reserve currency. Why?

Because it is backed by truth and some of the wildest, smartest, fast acting, highest integrity individuals on the planet.

Me, I’d go for stripes. Whole table can be run from that corner without touching more than one solid if your good at cue placement.

Not damage. Bitcoin continues to die in the minds of no coiners. Every time it doesn’t die it prompts a level of self reflection and interest. Eventually it’s enough for them to start asking questions and seeking answers. Game theory plays out. Bitcoin black hole swallows another. Cycle continues until hyperbitcoinization.

Lightning is only a few sats per TX. No way it was an extra $3.

A case of they don’t know what they don’t know. Where those who aren’t ignorant are very aware of what they don’t know.

FTX no longer selling paper Bitcoin. Binance under investigation for having an open trading book for some members. This next run is going to melt the world.

There’s been moments in Bitcoin that have you think there’s no way to top. Bitcoin sign guy was one of them. Solid event that really captured some eyeballs. This is one of those events. A very well placed add with perfect timing.

I’m thinking more in terms of base layer staying as is and the development taking place on layer 2. The risk of screwing something up on layer 1 becomes greater as more people become dependent of it. Point remains that Bitcoin just needs to exist as fiat dies it’s inevitable death.

It brought me great joy watching Bitcoin raise from the ashes as the rest of the world collapses. Through all the turmoil of clown worlds collapse there is a beacon of hope shining bright in the smoke filled skies. One by one they will come for the orange light.

All Bitcoin needs to do is continue to work as is. The fiat system needs to constantly adjust rates to compensate for the unhinged money printing and the inflation that comes with it. Like a Rube Goldberg machine vs a solid block of diamond. This is why some say Bitcoin is inevitable.