🧅 What is onion routing and how does it work? https://voltage.cloud/blog/lightning-network-faq/what-is-onion-routing-how-does-it-work/ #bitcoin #lightning #tor #[3]
🪷 Lotes are #bitcoin physical notes running on lnbits and the #LightningNetwork⚡️.
Upon receiving a lote you validate it to get the sats to your wallet. Then, you fill it up with the same value so you can give it to someone else.
Proof of concept: https://www.youtube.com/watch?v=_cQutic0CX0
What are #bitcoin #LightningNetwork macaroons? https://thebitcoinmanual.com/articles/ln-macaroons/
📣 The April 2023 bitcoin++ conference is all about what's going on in #bitcoin layer-2s: https://btcpp.dev
Building THNDR with Jack Everitt and Desiree Dickerson on Lightning Junkies Episode 53 #bitcoin #lightningnetwork #gaming
A History of #Bitcoin Maximalism
Bitcoin Maximalism isn’t what most people think it is, but there is a logical explanation for how it transformed into what we see today:
I resurrected Ayn Rand with AI and asked her to give a short speech on #Bitcoin:
Ladies and gentlemen,
Thank you for gathering here today to discuss a topic of great importance: the potential of Bitcoin, a decentralized digital currency, as an embodiment of the principles I have long advocated for in my philosophy of Objectivism.
As you know, my philosophy champions reason, individualism, and laissez-faire capitalism. Today, I wish to demonstrate that Bitcoin, as a currency and a system, embodies these values and provides a unique solution to the problems we face in the current financial landscape.
Firstly, let us consider the nature of Bitcoin. It is a decentralized digital currency, operating without the need for a central authority or bank. This in itself is a testament to the power of human reason and ingenuity. Bitcoin's underlying technology, the blockchain, is a product of rational thought, designed to create an immutable, secure, and transparent record of transactions.
This system allows individuals to engage in voluntary exchanges, free from the control and manipulation of centralized entities, such as governments and central banks. In this way, Bitcoin truly represents laissez-faire capitalism in action. The rules governing its operation are determined by consensus among its users, rather than by arbitrary, coercive mandates from central authorities.
Furthermore, the inherent scarcity of Bitcoin – with a cap of 21 million coins – provides a clear value proposition. This scarcity is akin to that of gold, a precious metal which has historically been used as a store of value. In contrast, fiat currencies are subject to inflation and devaluation, eroding the wealth of individuals and enabling the insidious practice of wealth redistribution through monetary policy.
Bitcoin's deflationary nature and decentralized control offer a means to preserve the value of one's wealth, to protect it from the whims of governments and central banks, and to ensure that the fruits of one's labor are secure. This promotes rational self-interest and allows for individuals to plan and invest for their future with greater certainty and freedom.
Moreover, Bitcoin empowers the individual. It enables self-sovereignty over one's finances and provides a means to circumvent the traditional banking system, which often perpetuates corruption, cronyism, and wealth disparity. With Bitcoin, individuals have the power to transact freely, without needing permission or approval from third parties, fostering a true sense of financial independence.
To be clear, I am not advocating for a blind embrace of Bitcoin. Like any technology or system, it has its flaws and challenges. However, I believe that its core principles align with the tenets of Objectivism, and as such, it is deserving of our attention and exploration.
In conclusion, I invite you to consider the virtues of Bitcoin and its potential to advance the cause of reason, individualism, and laissez-faire capitalism in our increasingly interconnected and globalized world. It is up to us, as rational beings, to harness this technology and use it to protect and promote our individual rights, our autonomy, and ultimately, our prosperity.
Thank you.
#bitcoin mining hashrate: 400 EH/s 🚀 
💀⚡️💀⚡️💀⚡️💀
The laser-eyed skulls defend,
The bitcoin realm until the end.
⚡️💀⚡️💀⚡️💀⚡️
I use this icon on my site: https://fontawesome.com/v5/icons/feather?f=classic&s=solid
Same thing happened with “Bitcoin Maximalism” First, it was a pejorative term which Vitalik Buterin created after being upset by how in his view closed minded Bitcoiners are. We embraced the term and wear it proudly. 🤩
Great logo
Careful hating on bitcoiners 😍 
💸 The mass exit from fiat to #bitcoin may be near.
Expect:
• Banks limiting sends to exchanges
• Busy & expensive L1 blockchain
• Less sats / $ as days go by
• HW wallets out of stock
• Panic among nocoiners
Partially these are already true. 
Historically there were only a handful of examples where countries could “correct” rapidly growing inflation:
🇩🇪 Germany, 1924
🇮🇱 Israel, 1985
🇧🇷 Brazil, 1994
🇿🇼 Zimbabwe, 2009
None of it was executed painlessly and without massive losses. Quite the contrary:
Countries needed to devalue their old money, cut public spending & reboot their currency by backing it with hard assets & stable currencies.
In case of the 🇺🇸 $ & 🇪🇺 € the only options will be to support the rebranded money with government owned land, metals, fuel & #bitcoin.
#Bitcoin was built for this moment ✨
https://www.coindesk.com/consensus-magazine/2023/03/13/bitcoin-was-built-was-for-this-moment/
Don’t worry about $/bitcoin as it ultimately won’t matter. Focus on the amount of sats you own. 
Pick 12 random words as your silent personal mantra to find truth, hope, calmness and happiness. #bitcoin
"If you buy a stock, you purchase the future output of a small group of people. If you buy #Bitcoin, you purchase the future output of virtually everyone in the world."
- Parker Lewis
A new anchor price has been established: #milliondollarbitcoin
https://pbs.twimg.com/media/FrmCKLyWIAAlCR_?format=jpg&name=medium