When you're on vacation and the machines at the hotel gym only go up to 200 pounds.

OOOH YEAHHH FEEL THE BU... GETTING WEAKER

…Biden’s wants us to mine harder…? nostr:note1cqtqcadlgwc059s97ucfm75xcc2auadn2p0jkvcyhjlcku6mg6aq006fca

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#memes #funny

Ecash gift cards

Is lightning still reckless? It has been 6 years.

imho Nostr needs no ETFs, not more wallets, or any other "money" addition.

We got logos now, so we should do something about the "branding", something we all can use to "market" Nostr to other people.

Just a random thought that occured to me while peeking at trending.

I am also a big fan of science riction good sir.

LOL

gm, life is beautiful, suffering is optional

follow me for more inspirational content

CTV and Cold Channels.

Today in Bitcoin, to make a channel, you must first receive Bitcoin on-chain and then transfer it to a channel with your partner interactively. This is a minimum of two transactions just to open a channel and the channel opening cannot be batched.

With CTV, channels can be hidden inside your pubKey so that when you're paid and the transaction is committed on-chain (can even be batched using only one UTXO), that on-chain commitment is sufficient to use your channel. No need to dump the channel details on-chain.

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Did you know that #Bitcoin Core did NOT initially have a 21M cap limit?

Because of a C++ quirk, the original code that enforces the halvings would have restarted the halvings after the last halving, around 2214.

This was fixed with BIP42 in 2014.

(fix in pic)

Buying a #Bitcoin ETF is like buying fire insurance on a house, and then leaving the contract inside. When the house burns, so goes the contract.

One good thing about the #BitcoinETF, it will likely reduce fee pressure brought on by traders during bull markets.

Wall street won't do it on chain, they will all just keep trading paper and derivatives.

can someone explain to me why the ETF is more attractive to investors than the GBTC? like why is this a bigger deal than the GBTC listing?

Bitcoin is being hijacked buy Wall Street and everyone is excited. 🤦‍♂️

You know they will leverage the shit out of it and rehypothecate.

When the shit hits the fan they will try to manipulate it and when that clearly won't happen they'll fork away and blacklist the current chain transactions.

Applying my selfish filter, today, I don’t need covenants. And I personally don’t expect to need them for a long time (if ever). BUT, they allow increased density at the UTXO layer, which (hopefully) means lower fees for me, whether I use them or not.

I think of it kind of like a chartered bus. If a bus line decides to operate, it makes denser use of the shared road than if the bus didn’t exist. So either more people get to travel, or there’s less congestion (than if those passengers were all in cars), or potentially both. The existence of busses makes the road more valuable and my drive less congested whether I ride the bus or not.

It’s not a perfect analogy (nothing ever is), but that’s how I justify it to myself.

The alternative to densification is either different tradeoffs (like Lightning) or, more likely, trust-based intermediaries. The value of Bitcoin derives from its censorship resistance, so staving off centralized third parties is in my interest (even if I don’t personally use those features).

Final note: arguments of this sort have been made about Drivechains—that they increase the value by making denser use of mainchain block space whether mainchainers use sidechains or not. But this argument doesn’t apply because of the increased incentives for miner centralization. Covenants do not have this changes-the-incentives drawback.