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Satstack 𓆀⚡︎
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Replying to Avatar Nostr Memes

#NostrMemes Sponsored Contests Are Back!

This Weekend’s Contest is sponsored by our fren nostr:npub19vem9txx6xl9j2dx0pm2g76g8grsccguq5lsfz8l8u0yek5lynzshkgqpq

Re-meme-ber to touch grass for inspiration and grounding 🌱

May the ₿est Memes prevail ✨

Rules are very simple frens: 1 submission per contestant, this weekend's meme theme is “We’re SO early” focusing on how early or not we actually are! 🚨

Submit your memes as a reply to this note, not a quote reply or noteID reply.

Give a like 🤙 to the meme you want to vote for 🗳️

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🥈 Place Winner 10k sats

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Replying to Avatar Boog

Sold another channel on #magma using nostr:npub19tcpurtt6xulhw0r6sc404j9jraj0h8me2lzs7z2tqewz7l0hpas59nlea . First one for the month of May.

This time made a small profit thanks to the Low transaction fees. I think my goal is to sell one to two channels a month.

Grow the network 💪 provide liquidity!!! 💧 🌊

🫡🧡

Replying to Avatar boston wine

A very dear family friend works for a private equity firm, and she told me yesterday that they’re looking at investing with their first “blockchain” (😬) startup.

The startup is (apparently) still a nascent idea, so it’s not too late. The founder is (allegedly) an intelligent, good-hearted dude, who wants to democratize VC investment using blockchain tokens. Neither seems to really get the difference between Bitcoin and crypto yet…

Needless to say, I hope to steer them in the right direction. I’m trying to strike a balance between being clearly anti-shitcoin while also delivering an accessible message that alienate myself as an advisor in future. (For example, idgaf about inscriptions, but if it keeps this guy from building a crypto business and instead focusing/learning Bitcoin, then it’s a start).

If anyone has feedback on what I’m going to tell her, I’d appreciate it 🙏🫂🫡

Hey [redacted], loved connecting with you yesterday. It’s been too long. One thing I meant to mention, since you said you were speaking with [redacted] about his upcoming crypto project/ideas:

So I’m not sure how much he’s done already, but it sounds like he’s still in a planning stage. I wanted to suggest he may want to look into building his token technology *on* Bitcoin, rather than creating a new blockchain from scratch (or using another crypto platform). There are many reasons, but primarily:

Bitcoin’s existing global adoption and network effects mean a much easier go-to-market for a new business built on the tech; it has already demonstrated for 15 years that it’s resilient, has a valid use case, consistent demand, and cyclical (but always higher) all-time-highs, with a total addressable market of 8 billion people. It commands a respect that’s hard to beat, with a global community of cheerleaders for anyone who contributes to its development and expansion.

Bitcoin’s legit decentralization - thousands of noderunners throughout the world - leads to impressive security and censorship resistance (whereas most blockchains that are ultimately run by a company have a central point of failure, while spending a lot of ad $$ on keywords like “decentralized” and “web3”). An enormous number of world-class developers have reviewed Bitcoin’s code - more than any other crypto project, and more than most FOSS projects in general!

Recent developments (something called Inscriptions) have made it much easier to build programmatic contracts and tokens on top of the Bitcoin blockchain, thereby making obsolete many of the other chains like ethereum (many of which were built to do things that Bitcoin “couldn’t”, but they had to sacrifice the security, decentralization, and hard-money-qualities that make Bitcoin valuable in the first place).

There’s also a proposed change called “covenants” which will give additional flexibility to developers building tokens, tech, and other assets on Bitcoin. Once this change goes through, it’s expected that a lot of the money and human capital from other crypto will migrate to Bitcoin (again because of its network effects, proven reliability, etc). Bitcoin is already beginning to eat traditional asset classes, especially with the advent of ETFs, and it will likely absorb more of crypto’s capital, as well.

Anyway, these are “my two cents”, but whatever the direction, I’m curious and excited to see what he ends up building!

🤙

Replying to Avatar calle

✨ Announcing the release of Cashu.me – a Cashu wallet for the web! ✨

Cashu.me is a Chaumian Ecash wallet for Bitcoin built as a progressive web app (PWA). Today, we're excited to announce its first release and would like to thank all developers and users who have helped to build and improve this wallet. Cashu.me is free and open-source software released under the MIT license.

To get started, open Cashu.me in your browser and install it to add it to your home screen. We recommend to use your device's native browser for the best experience. Beware that Ecash is a bearer asset which means that if you delete your browser data or lose access to your device without a proper backup (see below), you will lose your funds. Use this wallet only for small spending amounts.

New Features

Countless new features for this release give you the best possible Ecash experience. We're bringing this ancient crypto technology back into the 21st century and present you a modern interpretation of the original cypherpunk vision - built on Bitcoin.

At a glance

- Modern UI

- Support for Bitcoin and USD

- Seed phrase backups

- Animated QR codes

- Intelligent coin selection

- Send Ecash offline

- Receive Ecash offline

- Lock Ecash with P2PK

- Discover mints via Nostr

- Swap Ecash between mints

- Remote control with NWC

Read the full release notes here: https://gist.github.com/callebtc/67da3f586ef273df80bf679e464bc3f3

You can host the wallet on your own server. Find the images on Dockerhub or build it yourself with the GitHub repository

https://github.com/cashubtc/cashu.me

Sick 🫡

GM 🤙☕

#Coffeechain #nostr 🍄