The idea, which was always inevitable, is to plug Lightning into the existing banking infrastructure of IBANs and SEPA. As a result, merchants can accept bitcoin with instant settlement, it enables MiCA-compliant on- and off-ramps for bitcoin, and companies can pay their employees in bitcoin, all with only minimal KYC and fees.
Bringin Bitcoin to Retail Banking with the Breez SDK
“In a system that depends on irresponsible government spending (especially for perpetual war) and fiat printing to cover that irresponsibility, alarm bells cannot be allowed to work. There must be no pure price signals.” --MacroScope
I wonder how many really understand the bitter opposition by policymakers to #Bitcoin and especially an ETF.
Build your own “do-everything-yourself” Bitcoin full node that will make you a sovereign peer in the Bitcoin and Lightning network.
No need to trust anyone else.
Great article!
MULTISIG, SHAMIR'S SECRET SHARING, & MPC COMPARED
Taking a closer look at threshold security models for institutional-grade bitcoin custody.
https://bitcoinmagazine.com/technical/multisig-shamirs-secret-sharing-mpc-compared
"Bitcoin will probably crash again but it is neither a Ponzi scheme nor a bubble – it’s something far worse: It is an inherently secure, tightly-controlled asset with a regulated supply, and is therefore a subversion to the whole basis of free-market financial capitalism." -- Alan Kohler
Is Bitcoin potentially more detrimental than a Ponzi scheme?
Could Bitcoin be a permanent fixture while fundamentally challenging our existing system?
Is this a potential threat akin to an insurgent assault on nations?
What if a disruptive asset like Bitcoin jeopardizes the security and stability of our financial systems, undermining the foundations of our achievements?
Explore the risks associated with Bitcoin in Alan Kohler's latest article.
Alan Kohler: Bitcoin is not a Ponzi bubble. It’s worse – an insurrection
https://www.thenewdaily.com.au/finance/2024/03/06/alan-kohler-bitcoin-insurrection
Signal Protocol is becoming the standard for ETEE
To comply with DMA, WhatsApp and Messenger will become interoperable via Signal protocol
The Signal Protocol is a non-federated cryptographic protocol that offers end-to-end encryption for voice and instant messaging conversations. It includes the Double Ratchet Algorithm, which ensures secure message exchange between parties by deriving new keys for each message and incorporating Diffie-Hellman calculations into the key derivation process. The protocol has been widely adopted by various messaging apps like Signal, Wire, and WhatsApp for its robust security features and encryption capabilities.
BITCOIN HAS NO TOP BECAUSE FIAT HAS NO BOTTOM: UNDERSTANDING MONETARY DEBASEMENT
“Of all measurement instruments, the clock is the most valuable because so many of the things we sacrifice to create are not fungible. The massive clock towers of Europe, with their enormous loud and resonant bells, broadcasting time, fairly across the town and even the countryside, rather than the last relics of the medieval, were the first building block of the wealthy modern world.” -- Nick Szabo
A Measure of Sacrifice by Nick Szabo from 2002
https://nakamotoinstitute.org/library/a-measure-of-sacrifice
Family Dollar to Close Nearly 1,000 Stores
The chain has struggled for years. Its parent company, Dollar Tree, cited inflation, theft and reduced government benefits as challenges that had prompted the closings.
https://www.nytimes.com/2024/03/13/business/family-dollar-stores-closing.html
A great business case is for a brand called
The Satoshi “The Sat store”
A Bitcoin satoshi is the smallest denomination of the cryptocurrency Bitcoin, named after its creator, Satoshi Nakamoto. One bitcoin is divisible into 100 million satoshis, with each satoshi equal to 0.00000001 bitcoin.
Currently, $1.00 = 1,377 sats
A Declaration of the Independence of Cyberspace
Introducing Devin, the first AI software engineer
And setting a new state of the art on the SWE-bench coding benchmark
Worried about SIM swaps? Now, you have options.
This guide dives into additional methods to enhance your phone's security, such as two-factor authentication (2FA).
21 tips for securing your bitcoin
https://blog.keys.casa/21-tips-for-securing-your-bitcoin
Efani ( @efani. @haseeb ), a reputable service provider, employs an 11-layer authentication protocol to safeguard against unauthorized number porting by hackers. It's encouraging to witness various companies prioritizing this concern.
This hardware wallet is designed for mobile use and operates without requiring any power. Utilizing NFC technology for all functions and featuring a display, it stands out for its simplicity. Its core functionality focuses on displaying and securely signing transactions, embodying the essential purpose of a hardware wallet. While currently in the pre-order phase,
Popular video doorbells can be easily hijacked, researchers find
https://techcrunch.com/2024/02/29/popular-video-doorbells-eken-tuck-hijacked-researchers/
Linux market share passes 4% for first time; macOS dominance declines
Report: Linux was on 6.34 percent of computers last month if you count ChromeOS.
https://arstechnica.com/gadgets/2024/03/linux-continues-growing-market-share-reaches-4-of-desktops/
“Whether you're a rekt crypto bro or a friend of fiat, there is one thing that is especially difficult to accept. The one thing that sets Bitcoin apart: it all works without anyone in charge.” --Gigi
The global community involved in cryptocurrencies and traditional currencies is probably surprised as Bitcoin, once more, has not ceased to exist. It continues to surge towards record highs, despite being viewed as an unsupported speculative bubble resembling the historical tulip mania by conventional fiat and cryptocurrency enthusiasts.
Here is this great read:
“Dear Crypto & Fiat Bros”
An open letter to the confused and dismissive.
Wallets Directory
"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
Coinjoins are super important for privacy. https://video.nostr.build/aa4d58cc04776f683f74a2951fd095124a95f1bd69a00e49ede4a9982381e0d8.mp4