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@ 7f6db517:a4931eda
2025-05-30 05:01:55The newly proposed RESTRICT ACT - is being advertised as a TikTok Ban, but is much broader than that, carries a $1M Fine and up to 20 years in prison️! It is unconstitutional and would create massive legal restrictions on the open source movement and free speech throughout the internet.
The Bill was proposed by: Senator Warner, Senator Thune, Senator Baldwin, Senator Fischer, Senator Manchin, Senator Moran, Senator Bennet, Senator Sullivan, Senator Gillibrand, Senator Collins, Senator Heinrich, and Senator Romney. It has broad support across Senators of both parties.
Corrupt politicians will not protect us. They are part of the problem. We must build, support, and learn how to use censorship resistant tools in order to defend our natural rights.
The RESTRICT Act, introduced by Senators Warner and Thune, aims to block or disrupt transactions and financial holdings involving foreign adversaries that pose risks to national security. Although the primary targets of this legislation are companies like Tik-Tok, the language of the bill could potentially be used to block or disrupt cryptocurrency transactions and, in extreme cases, block Americans’ access to open source tools or protocols like Bitcoin.
The Act creates a redundant regime paralleling OFAC without clear justification, it significantly limits the ability for injured parties to challenge actions raising due process concerns, and unlike OFAC it lacks any carve-out for protected speech. COINCENTER ON THE RESTRICT ACT
If you found this post helpful support my work with bitcoin.
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@ eb0157af:77ab6c55
2025-05-30 05:01:35The Pakistani government embraces Bitcoin, following the example set by the United States.
Pakistan has officially announced the creation of a strategic Bitcoin reserve. The announcement was made during the Bitcoin 2025 conference in Las Vegas, marking a significant shift from the government’s previous stance against digital assets.
During the event, Bilal Bin Saqib, head of the Pakistani Crypto Council, shared the country’s decision:
“Today, I announce the Pakistani government is setting up its own government-led Bitcoin Strategic Reserve, and we want to thank the United States of America again because we were inspired by them.”
Bin Saqib then added:
“This wallet, the national Bitcoin wallet, is not for speculation. We will be holding these bitcoins and we will never, ever sell them.”
It remains unclear how the bitcoins will be acquired, whether through direct purchases or other means.
Pakistan’s shift in approach toward digital assets traces back to last February, when the government first explored the idea of creating a National Crypto Council. This body was designed to oversee the development of a comprehensive regulatory framework for cryptocurrencies and to attract foreign investment in the sector.
The Council’s proposed initiatives included projects such as utilizing surplus energy for Bitcoin mining, building high-performance data centers, and accumulating Bitcoin for the national treasury.
Just a few days ago, the Council officially allocated 2,000 megawatts of surplus energy to support mining operations and AI data centers.
Moreover, Changpeng Zhao, co-founder of Binance, was appointed as an advisor to the Council in April, offering expertise on crypto regulations, blockchain infrastructure, and the adoption of digital assets.
To further consolidate this new approach, the Pakistani Ministry of Finance has commissioned the creation of the Digital Asset Authority, an agency dedicated to supervising digital asset regulations and issuing licenses for crypto service providers operating within the country.
The post Pakistan announces the creation of a strategic Bitcoin reserve appeared first on Atlas21.
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@ 9ca447d2:fbf5a36d
2025-05-30 05:01:25George Town, Grand Cayman — Ledn, one of the longest-standing digital asset lenders, today announced a sweeping update to its platform to discontinue any lending of client assets to generate interest, meaning that client assets will never be exposed to third party lending credit risk.
Going forward, Ledn will only offer its Custodied Bitcoin loan structure, under which client bitcoin collateral will remain fully in custody either with Ledn or its trusted funding partners.
As part of this strategic shift, Ledn will also remove support for ETH, doubling down on Bitcoin as its sole digital asset focus. These changes were unveiled by the company at Bitcoin 2025 in Las Vegas.
“With our new hyper-focus on Bitcoin-only lending, we’re going back to our roots and principles that inspired Bitcoin to begin with,” said Adam Reeds, Co-Founder and CEO of Ledn.
“Bitcoin was created as a direct response to the risks of fractional reserve banking and unchecked use of client assets to generate interest. Traditional finance relies on constantly reusing client assets to create leverage and, ultimately, inflation.
“Bitcoiners instinctively reject that model. That’s why we’ve moved away from this approach entirely. With our Custodied loan structure, client assets stay where they belong and are held in a transparent manner.”
While Ledn is taking these steps to further de-risk its product and further enhance client security, many of the new lending products in the market are exposing consumers to risky and opaque structures once again.
“These are the exact dynamics that led to the meltdown of the lending sector in 2022,” Reeds added.
“As more new entrants push half-baked lending models back into the market, we’re choosing the opposite path— Eliminating lending risk entirely for our users and making it 100% clear how their assets are dealt with.
“That clarity is what has helped us originate over $9.5 billion in loans and become the #1 retail CeFi lender in the Bitcoin space. We believe this approach should become the new standard for any serious digital asset lender.”
This shift reinforces Ledn’s broader strategy: Going all in on Bitcoin, simplifying its product stack, and sharpening its focus around the most secure and proven digital asset.
Ledn was the first crypto lender to introduce proof-of-reserves attestations in 2020, offering clients third-party verification that assets were fully accounted for down to the satoshi.
That transparency-first approach allowed the company to navigate market volatility as peers collapsed under opaque and hidden risks.
Now, as global regulators begin signaling openness to supervised participation rather than blanket restrictions, the opportunity — and the responsibility — for digital asset platforms is clear: Build resilient systems and proactively mitigate risk.
Ledn will exclusively offer custodied bitcoin-backed loans as of July 1, 2025. Support for ETH will be retired in the same release, reflecting Ledn’s strategic shift to a Bitcoin-only platform.
For more information on this transition, visit blog.ledn.io
For media inquiries, interviews, or early access to supporting materials, contact ledn@clpr.agency
About Ledn
Ledn offers growth accounts and loans to clients in over 120 countries, with an expanding range of services and supported regions. The company is dedicated to building world-class financial services, with a focus on helping people build long-term wealth through digital asset-based products.
For more information about Ledn and its services, visit the company’s website at www.ledn.io
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@ 9ca447d2:fbf5a36d
2025-05-30 05:01:24Mac users who use Ledger hardware wallets to manage their digital assets are being warned about a new scam that uses fake apps to steal funds.
Cybercriminals have launched multiple phishing campaigns using malware that targets macOS systems, replacing the real Ledger Live app with a fake version that asks users to enter their recovery phrase.
These fake apps look almost identical to the real Ledger Live, but instead of helping users manage their bitcoin, they steal the 24-word recovery phrase—the master key to the user’s digital assets.
According to a detailed analysis by Moonlock, the attacks start when users’ computers get infected with Atomic macOS Stealer malware from one of over 2,800 hacked websites. Once installed, the malware removes the legitimate Ledger Live app and installs a malicious version in its place.
The fake app then shows a pop-up message saying it has detected “suspicious activity”, and asks the user to enter their recovery phrase to fix the issue. Once entered, the seed phrase is sent to a server controlled by the attacker.
2,800 websites discovered infected with Atomic Stealer — Moonlock
“Once entered, the seed phrase is sent to an attacker-controlled server, exposing the user’s assets in seconds,” Moonlock said in their May 22 report.
With the recovery phrase, the scammers can drain the user’s wallet of all digital assets—bitcoin and other tokens.
This isn’t an isolated incident. Moonlock has been tracking this malware since August 2024 and has found at least four active campaigns targeting Mac users. They believe the attackers are getting more sophisticated and are refining their methods.
“This isn’t just a theft. It’s a high-stakes effort to outsmart one of the most trusted tools in the crypto world. And the thieves are not backing down,” Moonlock researchers said.
Initially, the fake Ledger Live apps could only steal passwords and view wallet details. This gave attackers some insight into victims’ assets but no way to steal funds directly.
However, over time, hackers have improved their tactics and are now harvesting recovery phrases, so they can take full control of wallets and move funds freely.
One strain of malware, called Odyssey, was spotted in March and was linked to a hacker using the alias “Rodrigo”.
Odyssey replaces Ledger Live with a trojanized app and displays a phishing page asking users to enter their recovery phrases after showing a fake “critical error” message. Another copycat campaign using AMOS (Atomic macOS Stealer) followed soon after.
The fake Ledger Live app asks for user’s seed phrase — Moonlock
In one case, a fake app even displayed an “App corrupted” error after stealing the seed phrase to lower the victim’s suspicion and buy time to transfer the funds.
For years, computers running MacOS were considered safer than their Windows counterparts, because the operating system is less prone to malware. This advanced malware shows that users can never be too careful.
Attackers aren’t just relying on infected apps to steal from users. Other scam tactics include:
- Discord attacks: In May, a moderator account in Ledger’s official Discord server was compromised. Attackers used it to post fake verification links.
- Reddit phishing: In January, a user reported losing $15,000 after unknowingly entering their recovery phrase into a fake app.
- Physical mail scams: In April, some Ledger users received letters claiming to be from the company. These letters included QR codes leading to phishing sites that asked for seed phrases under the guise of a “critical security update”.
Attackers are increasingly targeting users holding hardware wallets, because they might be holding larger amounts.
Earlier this month, a Trezor One user reported being contacted by Coinbase impersonators, who tricked him into entering his seed phrase into a fake website, resulting in loss of 17.5 BTC.
The final goal for all these attacks is similar: the attackers are looking for users’ seed phrases, and they are getting creative in finding new ways to acquire them.
One sure way of staying safe is to learn more. The golden standard rule is to NEVER enter your seed phrase into a computer or a website, no matter how urgent or convincing it looks.
If you are a hardware wallet user, make sure you purchase the wallet from official sources. And the ONLY electronic place you can enter your seed phrases is on the hardware wallet itself.
If a process requires you to enter your seed phrase anywhere on a computer itself, it is definitely a scam.
Related: Bitcoin Hardware Wallet Hacks | What You Need to Know
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@ 9ca447d2:fbf5a36d
2025-05-30 05:01:21H100 Group AB, a Swedish publicly listed health technology company, has made the headlines after investing in bitcoin as part of a new financial strategy.
The move has caused a stir in Sweden and beyond, with H100’s stock price rising 40% after the announcement.
The company has bought 4.39 bitcoin for 5 million Norwegian Krone (around $475,000–$492,000).
This is the company’s first foray into the digital asset space and makes H100 Group the first publicly-listed health tech company in Sweden to hold bitcoin as a treasury reserve asset.
The bitcoin was bought at an average price of 1,138,737 NOK (around $108,000) per coin.
The bitcoin purchase is part of H100 Group’s new “Bitcoin Treasury Strategy” to diversify its financial assets and strengthen its balance sheet. Instead of holding idle cash, the company decided to invest in what it sees as a long-term asset.
“This addition to H100’s Bitcoin Treasury Strategy follows an increasing number of tech-oriented growth companies holding bitcoin on their balance sheet,” said CEO Sander Andersen.
“And I believe the values of individual sovereignty highly present in the Bitcoin community aligns well with, and will appeal to, the customers and communities we are building the H100 platform for.”
Andersen said they will “build and hold” bitcoin long-term, viewing it as a savings tool, not a short-term trade.
The market reacted fast. On May 22, the company’s stock went up 39.27%, seeing highs of 1.620 SEK on the Nordic Growth Market.
This helped the company to recover a big part of the losses from the last two months, during which the stock fell 46%.
And now, after the purchase, the firm’s market cap is around $150.46 million.
H100 has said this might not be the only purchase. The company has signed a Letter of Intent (LOI) to set up a convertible loan facility of up to 10 million SEK with an undisclosed investor.
H100 Group’s announcement — Source
The funds will be used for general corporate purposes and to potentially increase bitcoin holdings. The loan will have a 3-year term and can be converted into shares at 1.3 SEK per share.
If H100’s stock price is more than 33% above the conversion price for more than 60 days, H100 will have the right to force conversion.
The company also announced today that it has successfully raised 21 million SEK ($2.21 million) through a convertible round led by Blockstream founder and CEO Adam Back.
Despite the Bitcoin pivot, H100 Group has made it clear that the core business remains the same.
They will continue to develop AI-powered automation tools and digital platforms to help healthcare providers deliver better services, especially in the health and longevity space.
Andersen said they are committed to healthy living, and adopting a bitcoin strategy is a smarter financial move that aligns with their values.
H100’s move comes as corporate adoption of bitcoin accelerates globally.
According to BitcoinTreasuries over 109 public companies now list bitcoin on their balance sheets. Among those are companies like Twenty One Capital, Strive and Metaplanet.
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@ 21335073:a244b1ad
2025-05-21 16:58:36The other day, I had the privilege of sitting down with one of my favorite living artists. Our conversation was so captivating that I felt compelled to share it. I’m leaving his name out for privacy.
Since our last meeting, I’d watched a documentary about his life, one he’d helped create. I told him how much I admired his openness in it. There’s something strange about knowing intimate details of someone’s life when they know so little about yours—it’s almost like I knew him too well for the kind of relationship we have.
He paused, then said quietly, with a shy grin, that watching the documentary made him realize how “odd and eccentric” he is. I laughed and told him he’s probably the sanest person I know. Because he’s lived fully, chasing love, passion, and purpose with hardly any regrets. He’s truly lived.
Today, I turn 44, and I’ll admit I’m a bit eccentric myself. I think I came into the world this way. I’ve made mistakes along the way, but I carry few regrets. Every misstep taught me something. And as I age, I’m not interested in blending in with the world—I’ll probably just lean further into my own brand of “weird.” I want to live life to the brim. The older I get, the more I see that the “normal” folks often seem less grounded than the eccentric artists who dare to live boldly. Life’s too short to just exist, actually live.
I’m not saying to be strange just for the sake of it. But I’ve seen what the crowd celebrates, and I’m not impressed. Forge your own path, even if it feels lonely or unpopular at times.
It’s easy to scroll through the news and feel discouraged. But actually, this is one of the most incredible times to be alive! I wake up every day grateful to be here, now. The future is bursting with possibility—I can feel it.
So, to my fellow weirdos on nostr: stay bold. Keep dreaming, keep pushing, no matter what’s trending. Stay wild enough to believe in a free internet for all. Freedom is radical—hold it tight. Live with the soul of an artist and the grit of a fighter. Thanks for inspiring me and so many others to keep hoping. Thank you all for making the last year of my life so special.
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@ 9ca447d2:fbf5a36d
2025-05-30 05:01:20The Bitcoin world begins what is considered to be its biggest event yet — Bitcoin 2025, a three-day conference taking place May 27-29 at The Venetian Resort in Las Vegas.
With over 30,000 attendees expected, the event will bring together the biggest names in politics, finance, technology and the global Bitcoin community.
Hosted by BTC Inc., Bitcoin 2025 is not just another tech conference — it’s a global gathering that mixes policy, innovation and community under one roof.
It’s where big ideas about the future of money are debated, shared and shaped.
Influential speakers will attend the conference
The conference features a wide range of speakers from Bitcoin experts and educators to political leaders and athletes.
Big names like U.S. Vice President JD Vance, Trump’s Crypto Czar David Sacks, and Senator Cynthia Lummis are among the most anticipated guests.
Vice President Vance is expected to talk about the role of Bitcoin in the national economy. “The resilience of Bitcoin as a financial instrument is a testament to the power of decentralized finance,” he recently said.
Also speaking are Nigel Farage, a well-known voice in European politics and Donald Trump Jr., a supporter of financial freedom through digital currency.
Also, Michael Saylor, Executive Chairman of Strategy will be back on stage to talk about bitcoin as a corporate asset.
There are over 70 speakers on the list including Adam Back (CEO of Blockstream), Jan van Eck (CEO of VanEck) and Bryan Johnson, a futurist known for his work in human longevity and health tech.
Bitcoin 2025 will feature special new programs including Code + Country, a one-day segment on May 27 that explores how freedom, technology and innovation shape modern society.
Speakers like Chris LaCivita (Trump’s 2024 campaign co-CEO) and David Sacks (AI and digital assets advisor) will be talking about how digital tools are changing politics and finance.
Also new this year, is The Art of Freedom, an exhibit that showcases how Bitcoin is impacting the art world.
This museum-style experience allows artists to price and sell their work using bitcoin, connect directly with fans and avoid traditional middlemen.
The first official Bitcoin Conference was in 2019 in San Francisco, after grassroots meetups in 2013 and 2014. Since then, it’s been the biggest annual event in the Bitcoin world.
This year is especially important.
Global economic changes are happening and analysts say the discussions at Bitcoin 2025 will shape the next wave of regulatory reforms and technological standards for Bitcoin and stablecoins.
Bitcoin (BTC) has recently been hovering at around $110,000 with a market cap of $2.12 trillion. Many think the ideas and announcements at the event will impact price and policy.
Bitcoin 2025 is for everyone — long-time Bitcoiners to newcomers to digital assets, with keynotes, panels, massive expo halls and VIP networking.
It’s fun too. There are numerous parties, meetups and side events to connect, making it a place to learn, meet others who share the same interests and help shape the financial world.
The scale and diversity of Bitcoin 2025 make it more than just a Bitcoin event.
It’s a reflection of how far Bitcoin has come — from internet forums to boardrooms and government halls. It’s not just about Bitcoin anymore, it’s about the future of the world.
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@ 9ca447d2:fbf5a36d
2025-05-30 05:01:185/27/2025, Las Vegas, NV — Sati, a Bitcoin payments app and Lightning infrastructure provider, today announced the launch of its Lightning integration with Xverse, a Bitcoin wallet used by over 1.5 million people worldwide.
Thanks to the integration, Xverse users can now send and receive sats (bitcoin’s smallest denomination) instantly over the Lightning Network with no setup, no app switching, and no custodial risk.
Initially designed in 2017, the Lightning Network has grown to become Bitcoin’s leading layer-2, with a current BTC capacity of over $465M.
Sati is now leveraging this technology to bring the world’s favorite digital currency into the pockets of 3 billion users worldwide, thanks to its powerful API integration with WhatsApp.
“Bitcoin was not meant to be an asset for Wall Street—it was built for peer-to-peer money, borderless and accessible,” said Felipe Servin, Founder and CEO of Sati.
“Integrating Lightning natively into Xverse brings that vision back to life, making Bitcoin usable at scale for billions.”
Thanks to the integration, every Xverse user now gets a Lightning Address instantly.
That means they can receive tips, pay invoices, and use Bitcoin for microtransactions—all without having to manage channels or switch between different apps.
Sati expects USDT on Lightning to be supported as early as Q3 for the Xverse wallet and in July 2025 for users accessing Sati through WhatsApp.
This integration positions Sati’s role as a Lightning infrastructure provider, not just a consumer app.
By leveraging its API-based solution, the company provides plug-and-play backend services to wallets and platforms looking to add Bitcoin payments without compromising on security or UX.
The Xverse launch follows the debut of Parasite Pool, a new mining pool leveraging Sati and Xverse’s tech stack and focused on democratizing Bitcoin mining.
Parasite Pool charges 0% fees and pays out instantly over Lightning, making it ideal for small-scale miners, especially those running ultra-low-power hardware like Bitaxe.
With over 500 users joining Parasite Pool within weeks of launch and an average pool hashrate of 5 PH/s, Parasite Pool is steadily growing its presence in the home mining space.
Thanks to the Lightning integration, Parasite Pool supports the smallest Lightning payouts in the industry (a fraction of a cent), lowering the barrier to entry for anyone interested in mining.
Sati recently closed a $600K pre-seed round backed by Bitcoin-focused investors, including Draper Associates, BitcoinFi, Arcanum, BoostVC, and Ricardo Salinas.
The funding is being used to support global expansion, stablecoin integration, Lightning infrastructure growth, and broader access to Bitcoin in emerging markets.
Sati will be conducting live product demos at Bitcoin 2025 in Las Vegas on May 27-29. To learn more about Sati, visit sati.pro
Press Contact
press@sati.proAbout Sati
Sati is a Bitcoin payments infrastructure provider. Launched in 2025 with investors of the likes as Draper Associates and Ricardo Salinas, Sati powers fast, seamless Bitcoin payments on applications such as WhatsApp to fuel the next wave of adoption. Learn more at sati.pro
About Xverse
Xverse is the on-chain platform for the Bitcoin economy—think Revolut meets Alchemy, built natively on Bitcoin. Trusted by over 1.5 million users, Xverse is launching a unified portfolio platform for Bitcoin L1 and Layer 2s, alongside developer infrastructure to power seamless Bitcoin-native apps.
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@ 51bbb15e:b77a2290
2025-05-21 00:24:36Yeah, I’m sure everything in the file is legit. 👍 Let’s review the guard witness testimony…Oh wait, they weren’t at their posts despite 24/7 survellience instructions after another Epstein “suicide” attempt two weeks earlier. Well, at least the video of the suicide is in the file? Oh wait, a techical glitch. Damn those coincidences!
At this point, the Trump administration has zero credibility with me on anything related to the Epstein case and his clients. I still suspect the administration is using the Epstein files as leverage to keep a lot of RINOs in line, whereas they’d be sabotaging his agenda at every turn otherwise. However, I just don’t believe in ends-justify-the-means thinking. It’s led almost all of DC to toss out every bit of the values they might once have had.
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@ c9badfea:610f861a
2025-05-20 19:49:20- Install Sky Map (it's free and open source)
- Launch the app and tap Accept, then tap OK
- When asked to access the device's location, tap While Using The App
- Tap somewhere on the screen to activate the menu, then tap ⁝ and select Settings
- Disable Send Usage Statistics
- Return to the main screen and enjoy stargazing!
ℹ️ Use the 🔍 icon in the upper toolbar to search for a specific celestial body, or tap the 👁️ icon to activate night mode
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@ 9ca447d2:fbf5a36d
2025-05-30 05:01:17Michael Saylor, executive chairman of Strategy, has stirred up the Bitcoin community with his recent comments on proof-of-reserves, calling it a “bad idea” that puts institutional security at risk.
Speaking at a side event at the Bitcoin 2025 conference in Las Vegas, Saylor expressed strong concerns about the security implications of on-chain proof of reserves (PoR), a method used by many bitcoin companies to show they actually hold the assets they claim.
“The conventional way of issuing proof of reserves today is actually insecure,” Saylor said.
“It actually dilutes the security of the issuer, the custodians, the exchanges and the investors. It’s not a good idea, it’s a bad idea.”
Proof-of-reserves is a process where companies with bitcoin reserves share public wallet addresses or use cryptographic methods to prove how much bitcoin they hold.
This practice gained popularity after the collapse of major exchanges like FTX and Mt. Gox to build trust through transparency.
Many big players in the digital asset space, including Binance, Kraken, OKX and asset manager Bitwise, have adopted PoR to reassure users and stakeholders.
Related: Bitwise Announces On-Chain Address, Donations Go to Shareholders
Saylor’s objections boil down to two main points.
First, he believes publishing wallet addresses creates serious security risks. By exposing institutional wallet structures, companies may open themselves up to attacks from hackers, hostile governments or malicious actors.
“[It’s like] publishing the address and the bank accounts of all your kids and the phone numbers of all your kids and then thinking somehow that makes your family better,” Saylor said.
“(It becomes) an attack vector for hackers, nation-state actors, every type of troll imaginable.”
He even asked the audience to try a thought experiment:
“Go to AI, put it in deep think mode and then ask it ‘what are the security problems of publishing your wallet addresses?’ and ‘how might it undermine the security of your company over time’ … It will write you a book. It will be fifty pages of security problems.”
Second, Saylor pointed out that proof of reserves only shows what a company owns, not what it owes. In his view, that’s incomplete.
“It’s proof of assets that is insecure, and it is not proof of liabilities… So you own $63 billion worth of bitcoin—do you have a hundred billion dollars of liabilities?” he asked rhetorically.
For large institutions and investors, this view of financial health is not enough.
Instead of publishing wallet addresses, Saylor thinks the better approach is to use institutional-grade audits by trusted firms.
“The best practice… would be to have a Big Four auditor that checks to make sure you actually have the bitcoin, then checks to make sure the company hasn’t rehypothecated or pledged the bitcoin,” he said.
“Then you have to wash it through a public company where the CFO signs, then the CEO signs, then the chairman and all the outside directors are civilly and criminally liable for it.”
He believes the legal consequences of corporate auditing — including prison time for fraud under the Sarbanes-Oxley Act — are stronger than cryptographic proof alone.
He did admit that a more secure, future version of PoR might be possible if it involved zero-knowledge proofs that protect wallet privacy while still confirming ownership.
Not everyone agrees with Saylor’s opinion. While some praised his focus on security, others accused Saylor of hiding something.
Speculations resurfaced about whether Strategy truly holds all the bitcoin it claims, or if it’s involved in so-called “paper bitcoin” — claims to BTC without physical backing.
Others pointed out that exchanges like Kraken and asset managers like Bitwise have implemented PoR systems without major breaches.
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@ 04c915da:3dfbecc9
2025-05-20 15:53:48This piece is the first in a series that will focus on things I think are a priority if your focus is similar to mine: building a strong family and safeguarding their future.
Choosing the ideal place to raise a family is one of the most significant decisions you will ever make. For simplicity sake I will break down my thought process into key factors: strong property rights, the ability to grow your own food, access to fresh water, the freedom to own and train with guns, and a dependable community.
A Jurisdiction with Strong Property Rights
Strong property rights are essential and allow you to build on a solid foundation that is less likely to break underneath you. Regions with a history of limited government and clear legal protections for landowners are ideal. Personally I think the US is the single best option globally, but within the US there is a wide difference between which state you choose. Choose carefully and thoughtfully, think long term. Obviously if you are not American this is not a realistic option for you, there are other solid options available especially if your family has mobility. I understand many do not have this capability to easily move, consider that your first priority, making movement and jurisdiction choice possible in the first place.
Abundant Access to Fresh Water
Water is life. I cannot overstate the importance of living somewhere with reliable, clean, and abundant freshwater. Some regions face water scarcity or heavy regulations on usage, so prioritizing a place where water is plentiful and your rights to it are protected is critical. Ideally you should have well access so you are not tied to municipal water supplies. In times of crisis or chaos well water cannot be easily shutoff or disrupted. If you live in an area that is drought prone, you are one drought away from societal chaos. Not enough people appreciate this simple fact.
Grow Your Own Food
A location with fertile soil, a favorable climate, and enough space for a small homestead or at the very least a garden is key. In stable times, a small homestead provides good food and important education for your family. In times of chaos your family being able to grow and raise healthy food provides a level of self sufficiency that many others will lack. Look for areas with minimal restrictions, good weather, and a culture that supports local farming.
Guns
The ability to defend your family is fundamental. A location where you can legally and easily own guns is a must. Look for places with a strong gun culture and a political history of protecting those rights. Owning one or two guns is not enough and without proper training they will be a liability rather than a benefit. Get comfortable and proficient. Never stop improving your skills. If the time comes that you must use a gun to defend your family, the skills must be instinct. Practice. Practice. Practice.
A Strong Community You Can Depend On
No one thrives alone. A ride or die community that rallies together in tough times is invaluable. Seek out a place where people know their neighbors, share similar values, and are quick to lend a hand. Lead by example and become a good neighbor, people will naturally respond in kind. Small towns are ideal, if possible, but living outside of a major city can be a solid balance in terms of work opportunities and family security.
Let me know if you found this helpful. My plan is to break down how I think about these five key subjects in future posts.
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@ 9ca447d2:fbf5a36d
2025-05-30 05:01:14Trump Media & Technology Group (TMTG), the company behind Truth Social and other Trump-branded digital platforms, is planning to raise $2.5 billion to build one of the largest bitcoin treasuries among public companies.
The deal involves the sale of approximately $1.5 billion in common stock and $1.0 billion in convertible senior secured notes.
According to the company, the offering is expected to close by the end of May, pending standard closing conditions.
Devin Nunes, CEO of Trump Media, said the investment in bitcoin is a big part of the company’s long-term plan.
“We view Bitcoin as an apex instrument of financial freedom,” Nunes said.
“This investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms.”
He added that the bitcoin treasury will be used to create new synergies across the company’s platforms including Truth Social, Truth+, and the upcoming financial tech brand Truth.Fi.
“It’s a big step forward in the company’s plans to evolve into a holding company by acquiring additional profit-generating, crown jewel assets consistent with America First principles,” Nunes said.
The $2.5 billion raise will come from about 50 institutional investors. The $1 billion in convertible notes will have 0% interest and be convertible into shares at a 35% premium.
TMTG’s current liquid assets, including cash and short-term investments, are $759 million as of the end of the first quarter of 2025. With this new funding, the company’s liquid assets will be over $3 billion.
Custody of the bitcoin treasury will be handled by Crypto.com and Anchorage Digital. They will manage and store the digital assets.
Earlier this week The Financial Times reported Trump Media was planning to raise $3 billion for digital assets acquisitions.
The article said the funds would be used to buy bitcoin and other digital assets, and an announcement could come before a major related event in Las Vegas.
Related: Bitcoin 2025 Conference Kicks off in Las Vegas Today
Trump Media denied the FT report. In a statement, the company said, “Apparently the Financial Times has dumb writers listening to even dumber sources.”
There was no further comment. However, the official $2.5 billion figure, which was announced shortly after by Trump Media through a press release, aligns with its actual filing and investor communication.
Trump Media’s official announcement
This comes at a time when the Trump family and political allies are showing renewed interest in Bitcoin.
President Donald Trump who is now back in office since the 2025 election, has said he wants to make the U.S. the “crypto capital of the world.”
Trump Media is also working on retail bitcoin investment products including ETFs aligned with America First policies.
These products will make bitcoin more accessible to retail investors and support pro-Trump financial initiatives.
But not everyone is happy.
Democratic Senator Elizabeth Warren recently expressed concerns about Trump Media’s Bitcoin plans. She asked U.S. regulators to clarify their oversight of digital-asset ETFs, warning of investor risk.
Industry insiders are comparing Trump Media’s plans to Strategy (MSTR) which has built a multi-billion dollar bitcoin treasury over the last year. They used stock and bond sales to fund their bitcoin purchases.
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@ cae03c48:2a7d6671
2025-05-30 05:00:54Bitcoin Magazine
CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World”Today, at the 2025 Bitcoin Conference in Las Vegas, the CEO of Tether Paolo Ardoino talked about the investments, inventions and Bitcoin mining of Tether.
Paolo Ardoino began his speech by saying, “last year we made $13 billion in profit. We keep a $120 billion blast in US treasuries as of now. We have committed to bring re-invest a lot into Bitcoin. We now have more than 100,000 Bitcoin that we own as a company.”
JUST IN: Tether announces it owns over 100,000 #Bitcoin and more than 50 tons of gold. pic.twitter.com/0Ja83hCs1H
— Bitcoin Magazine (@BitcoinMagazine) May 29, 2025
“Bitcoin is perfect, gold is imperfect,” said Paolo
Ardoino explained a little of their history with Bitcoin. “We are a company that was born with Bitcoin,” stated. ”We are all Bitcoiners at heart. Everyone in our company loves Bitcoin.”
El Salvador has been a supporter of Bitcoin and Paolo mentioned, “we have our headquarters in El Salvador, the original Bitcoin country. We support el Salvador.”
During his speech, he made a big announcement of Tether becoming the biggest Bitcoin miner in the world.
“We invested 2 billion in energy production and bitcoin mining actually is a bit more than that. Something that we have been very shy to say, but I think that it’s very realistic that by the end of the year, Tether will be the biggest Bitcoin miner in the world, even including all the public companies.”
Ardoino mentioned their new AI system made for society and not for corporations.
“I want my AI agent to have a non-custodial wallet, so I can grant him some money. The money is kept by the AI agent and the AI agent will work for me. Will not work under the rules and conditions of someone else,” announced Ardoino. “We have announced our AI platform recently. It’s called QVAC.”
Closing, Ardoino talked about their investment with Rumble and their new project. He stated, “we are collaborating to launch a Rumble Wallet that will be Bitcoin first and a little bit of stable coins wallet for the people.”
This post CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World” first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
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@ cae03c48:2a7d6671
2025-05-30 05:00:53Bitcoin Magazine
Panama City Mayor Mizrachi: “Bitcoin Is Not Just Safe, It’s Prosperous”At the 2025 Bitcoin Conference in Las Vegas, the Director of Bitcoin Beach Mike Peterson, the Presidential Advisors of Building Bitcoin Country El Salvador Max & Stacy and the Mayor City of Panama Mayer Mizrachi discussed Bitcoins future in Panama.
At the beginning of the panel, Is Panama Next? El Salvador Leading The Region For Bitcoin Adoption, Mayor Mizrachi started by mentioning, “We accept Bitcoin. The city gets paid in Bitcoin, but it receives in dollars through an intermediary processing, payments processor. Bitcoin is not just safe. It’s prosperous.”
Max commented about the scammers in crypto and how El Salvador is managing it.
“We did a couple of things early on, one was to create The Bitcoin Office which will be directly reporting to the President, and then also we passed a law which will say bitcoin is money and everything else is an unregistered security,” said Max.
Mike Peterson stated, “the access of Bitcoin in Central America to do battle against the globalists that have always looked at the regionist back yard. This is intolerable and this is going to change right now.” After Mizrachi commented, “Imagine yourself in an economic block powered by El Salvador, supported by Panama and the rest will come.”
Stacy reminded everybody about El Salvador’s School system.
“El Salvador is the first country in the world to have a comprehensive public school financial literacy education program from 7 years old,” mentioned Stacy. “These are little kids, learning financial literacy.”
Max ended the panel by saying, “the US game theory right? Because the US wants to buy a lot of Bitcoin, so if Panama wants to buy a lot of bitcoin then it helps everybody in the US. This is the beautiful expression of game theory perfectly aligned in the protocol that is changing the world that we live in. And on the street level what bitcoin does to the population is to go from a spending mentality to a saving mentality.”
You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below:
This post Panama City Mayor Mizrachi: “Bitcoin Is Not Just Safe, It’s Prosperous” first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
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@ cae03c48:2a7d6671
2025-05-30 05:00:52Bitcoin Magazine
The Debt Train Has No Brakes: Lyn Alden Makes the Case for BTC at Bitcoin 2025“Nothing stops this train,” Lyn Alden initially stated at Bitcoin 2025, walking the audience through a data-rich presentation that made one thing clear: the U.S. fiscal system is out of control—and Bitcoin is more necessary than ever.
Her first chart, sourced from the Federal Reserve’s FRED database, displayed a stark decoupling: the unemployment rate is down, yet the fiscal deficit has surged past 7% of GDP. “This started around 2017, went into overdrive during the pandemic, and hasn’t corrected,” Alden said. “That’s not normal. We’re in a new era.”
She didn’t mince words. “Nothing stops this train because there are no brakes attached to it anymore. The brakes are heavily impaired.
Why should Bitcoiners care? Because, as Alden explained, “it matters for asset prices—especially anything scarce.” She displayed a gold vs. real rates chart that showed gold soaring as real interest rates plunged. “Five years ago, most would have said Bitcoin couldn’t thrive in a high-rate environment. Yet here we are—Bitcoin over $100K, gold at new highs, and banks breaking under pressure.”
Next came what she called “The Turning Point”—a side-by-side showing how public debt growth overtook private sector debt post-2008, flipping a decades-long norm. “This is inflationary, persistent, and it means the Fed can’t slow things down anymore.”
Another chart revealed why rising interest rates are now accelerating the deficit. “They’ve lost their brakes. Raising rates just makes the federal interest bill explode faster than it slows bank lending.”
Alden called it a ponzi: “The system is built on constant growth. Like a shark, it dies if it stops swimming.”
Her slide showed a relentless rise in total debt versus base money—except for a jolt in 2008, and again after 2020. “This isn’t going backward. Ever.”
So why Bitcoin? “Because it’s the opposite. Scarce, decentralized, and mathematically capped,” Alden concluded. “There are two reasons nothing stops this train: math and human nature. Bitcoin is the mirror of this system—and the best protection from it.”
You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below:
This post The Debt Train Has No Brakes: Lyn Alden Makes the Case for BTC at Bitcoin 2025 first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
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@ dfa02707:41ca50e3
2025-05-30 05:01:52Contribute to keep No Bullshit Bitcoin news going.
- Coinswap is a decentralized protocol for private, trustless cryptocurrency swaps. It allows participants to securely swap digital assets without intermediaries, using advanced cryptographic techniques and atomic swaps to ensure privacy and security.
- This release introduces major improvements to the protocol's efficiency, security, and usability, including custom in-memory UTXO indexes, more advanced coin-selection algorithms, fidelity bond management and more.
- The update also improves user experience with full Mac support, faster Tor connections, enhanced UI/UX, a unified API, and improved protocol documentation.
"The Project is under active beta development and open for contributions and beta testing. The Coinswap market place is live in testnet4. Bug fixes and feature requests are very much welcome."
- Manuals and demo docs are available here.
What's new
- Core protocol and performance improvements:
- Custom in-memory UTXO indexes. Frequent Core RPC calls, which caused significant delays, have been eliminated by implementing custom in-memory UTXO indexes. These indexes are also saved to disk, leading to faster wallet synchronization.
- Coin selection. Advanced coin-selection algorithms, like those in Bitcoin Core, have been incorporated, enhancing the efficiency of creating different types of transactions.
- Fidelity management. Maker servers now automate tasks such as checking bond expiries, redemption, and recreation for Fidelity Bonds, reducing the user's management responsibilities.
- Taker liveness. The
WaitingFundingConfirmation
message has been added to keep swap connections between Takers and Makers, assisting with variable block confirmation delays.
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User experience and compatibility:
- Mac compatibility. The crate and apps now fully support Mac.
- Tor operations are streamlined for faster, more resilient connections. Tor addresses are now consistently linked to the wallet seed, maintaining the same onion address through system reboots.
- The UI/UX improvements enhance the display of balances, UTXOs, offer data, fidelity bonds, and system logs. These updates make the apps more enjoyable and provide clearer coin swap logs during the swap process.
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API design improvements. Transaction creation routines have been streamlined to use a single common API, which reduces technical debt and eliminates redundant code.
- Protocol spec documentation now details how Coinswap breaks the transaction graph and improves privacy through routed swaps and amount splitting, and includes diagrams for clarity.
Source: Coinswap Protocol specification.
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@ cae03c48:2a7d6671
2025-05-30 05:00:52Bitcoin Magazine
Jack Mallers Announced A New System of Bitcoin Backed Loans at StrikeThe Founder and CEO of Strike, Jack Mallers, at the 2025 Bitcoin Conference in Las Vegas, announced a new system of Bitcoin backed loans at Strike with one digit interest rate.
Jack Mallers began his keynote by pointing at the biggest problem. Fiat currency.
“The best time to go to Whole Foods and buy eggs with your dollars was 1913,” said Mallers. “Every other time after, you are getting screwed.”
What’s the solution?
“The solution is Bitcoin,” stated Mallers. “Bitcoin is the money that we coincide that nobody can print. You can’t print, you can’t debase my time and energy, you cannot deprive me of owning assets, of getting out of debt, of living sovereignly and protecting my future, my family, my priced possessions. Bitcoin is what we invented to do that.”
Mallers gave a power message to the audience by explaining that people should HODL every dollar they have in Bitcoin. People should also spend a little of it to have a nice life.
“You can’t HODL forever,” said Jack.
While talking about loans that people borrow against their Bitcoin. He explained why he thinks banks putting 20% in interest for loans backed with Bitcoin is outrageous.
“All these professional economists, they are like Bitcoin is risky and volatile,” stated Mallers. “No it’s not. This is the magnificent 7 one year volatility and the orange one in the middle is Bitcoin. It’s no more risky and volatile. It’s a little bit more volatile than Apple, but is far less more volatile than Tesla.”
“As Bitcoin matures, its volatility goes down,” continued Jack. “Bitcoin volatility is at a point where it is no more risky than a Tesla Stock. We should not be paying double digits rates for a loan.”
Mallers announced his new system of loans at Strike of 9-13% in interest rates. It will allow people to get loans from $10,000 to $1 billion.
Mallers closed by saying, “please be responsible. This is debt. Debt is like fire in my opinion. It can heat a civilization. It can warm your home, but if you go too crazy it can burn your house down.”
“Life is short,” said Jack. “Take the trip, but with bitcoin you just get to take a better one.”
This post Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
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@ c1e9ab3a:9cb56b43
2025-05-27 16:19:06Star Wars is often viewed as a myth of rebellion, freedom, and resistance to tyranny. The iconography—scrappy rebels, totalitarian stormtroopers, lone smugglers—suggests a deep anti-authoritarian ethos. Yet, beneath the surface, the narrative arc of Star Wars consistently affirms the necessity, even sanctity, of central authority. This blog entry introduces the question: Is Star Wars fundamentally a celebration of statism?
Rebellion as Restoration, Not Revolution
The Rebel Alliance’s mission is not to dismantle centralized power, but to restore the Galactic Republic—a bureaucratic, centrally governed institution. Characters like Mon Mothma and Bail Organa are high-ranking senators, not populist revolutionaries. The goal is to remove the corrupt Empire and reinstall a previous central authority, presumed to be just.
- Rebels are loyalists to a prior state structure.
- Power is not questioned, only who wields it.
Jedi as Centralized Moral Elites
The Jedi, often idealized as protectors of peace, are unelected, extra-legal enforcers of moral and military order. Their authority stems from esoteric metaphysical abilities rather than democratic legitimacy.
- They answer only to their internal Council.
- They are deployed by the Senate, but act independently of civil law.
- Their collapse is depicted as tragic not because they were unaccountable, but because they were betrayed.
This positions them as a theocratic elite, not spiritual anarchists.
Chaos and the Frontier: The Case of the Cantina
The Mos Eisley cantina, often viewed as a symbol of frontier freedom, reveals something darker. It is: - Lawless - Violent - Culturally fragmented
Conflict resolution occurs through murder, not mediation. Obi-Wan slices off a limb; Han shoots first—both without legal consequence. There is no evidence of property rights, dispute resolution, or voluntary order.
This is not libertarian pluralism—it’s moral entropy. The message: without centralized governance, barbarism reigns.
The Mythic Arc: Restoration of the Just State
Every trilogy in the saga returns to a single theme: the fall and redemption of legitimate authority.
- Prequels: Republic collapses into tyranny.
- Originals: Rebels fight to restore legitimate order.
- Sequels: Weak governance leads to resurgence of authoritarianism; heroes must reestablish moral centralism.
The story is not anti-state—it’s anti-bad state. The solution is never decentralization; it’s the return of the right ruler or order.
Conclusion: The Hidden Statism of a Rebel Myth
Star Wars wears the costume of rebellion, but tells the story of centralized salvation. It: - Validates elite moral authority (Jedi) - Romanticizes restoration of fallen governments (Republic) - Portrays decentralized zones as corrupt and savage (outer rim worlds)
It is not an anarchist parable, nor a libertarian fable. It is a statist mythology, clothed in the spectacle of rebellion. Its core message is not that power should be abolished, but that power belongs to the virtuous few.
Question to Consider:
If the Star Wars universe consistently affirms the need for centralized moral and political authority, should we continue to see it as a myth of freedom? Or is it time to recognize it as a narrative of benevolent empire? -
@ dfa02707:41ca50e3
2025-05-30 05:01:52Contribute to keep No Bullshit Bitcoin news going.
- The latest firmware updates for COLDCARD devices introduce two major features: COLDCARD Co-sign (CCC) and Key Teleport between two COLDCARD Q devices using QR codes and/or NFC with a website.
What's new
- COLDCARD Co-Sign: When CCC is enabled, a second seed called the Spending Policy Key (Key C) is added to the device. This seed works with the device's Main Seed and one or more additional XPUBs (Backup Keys) to form 2-of-N multisig wallets.
- The spending policy functions like a hardware security module (HSM), enforcing rules such as magnitude and velocity limits, address whitelisting, and 2FA authentication to protect funds while maintaining flexibility and control, and is enforced each time the Spending Policy Key is used for signing.
- When spending conditions are met, the COLDCARD signs the partially signed bitcoin transaction (PSBT) with the Main Seed and Spending Policy Key for fund access. Once configured, the Spending Policy Key is required to view or change the policy, and violations are denied without explanation.
"You can override the spending policy at any time by signing with either a Backup Key and the Main Seed or two Backup Keys, depending on the number of keys (N) in the multisig."
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A step-by-step guide for setting up CCC is available here.
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Key Teleport for Q devices allows users to securely transfer sensitive data such as seed phrases (words, xprv), secure notes and passwords, and PSBTs for multisig. It uses QR codes or NFC, along with a helper website, to ensure reliable transmission, keeping your sensitive data protected throughout the process.
- For more technical details, see the protocol spec.
"After you sign a multisig PSBT, you have option to “Key Teleport” the PSBT file to any one of the other signers in the wallet. We already have a shared pubkey with them, so the process is simple and does not require any action on their part in advance. Plus, starting in this firmware release, COLDCARD can finalize multisig transactions, so the last signer can publish the signed transaction via PushTX (NFC tap) to get it on the blockchain directly."
- Multisig transactions are finalized when sufficiently signed. It streamlines the use of PushTX with multisig wallets.
- Signing artifacts re-export to various media. Users are now provided with the capability to export signing products, like transactions or PSBTs, to alternative media rather than the original source. For example, if a PSBT is received through a QR code, it can be signed and saved onto an SD card if needed.
- Multisig export files are signed now. Public keys are encoded as P2PKH address for all multisg signature exports. Learn more about it here.
- NFC export usability upgrade: NFC keeps exporting until CANCEL/X is pressed.
- Added Bitcoin Safe option to Export Wallet.
- 10% performance improvement in USB upload speed for large files.
- Q: Always choose the biggest possible display size for QR.
Fixes
- Do not allow change Main PIN to same value already used as Trick PIN, even if Trick PIN is hidden.
- Fix stuck progress bar under
Receiving...
after a USB communications failure. - Showing derivation path in Address Explorer for root key (m) showed double slash (//).
- Can restore developer backup with custom password other than 12 words format.
- Virtual Disk auto mode ignores already signed PSBTs (with “-signed” in file name).
- Virtual Disk auto mode stuck on “Reading…” screen sometimes.
- Finalization of foreign inputs from partial signatures. Thanks Christian Uebber!
- Temporary seed from COLDCARD backup failed to load stored multisig wallets.
Destroy Seed
also removes all Trick PINs from SE2.Lock Down Seed
requires pressing confirm key (4) to execute.- Q only: Only BBQr is allowed to export Coldcard, Core, and pretty descriptor.
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@ 502ab02a:a2860397
2025-05-30 01:14:10ย้อนกลับไปปี 2014 ชายชื่อ Patrick O. Brown ศาสตราจารย์ชีววิทยาเชิงโมเลกุลแห่งมหาวิทยาลัยแตนฟอร์ด ตัดสินใจลาออกจากเส้นทางวิชาการสายหลัก เพื่อมาก่อตั้งบริษัทที่เขาเชื่อว่าจะเปลี่ยนโลก Impossible Foods
ดร. แพทริค โอ. บราวน์ (Patrick O. Brown) เป็นนักชีวเคมีและนักธุรกิจชาวอเมริกันและศาสตราจารย์กิตติคุณด้านชีวเคมีแห่งมหาวิทยาลัยสแตนฟอร์ด เขาได้รับปริญญาตรี แพทยศาสตรบัณฑิต และปรัชญาดุษฎีบัณฑิตด้านชีวเคมีจากมหาวิทยาลัยชิคาโก หลังจากนั้น เขาได้เข้ารับการฝึกอบรมด้านกุมารเวชศาสตร์ที่โรงพยาบาล Children's Memorial ในชิคาโก ในช่วงหลังปริญญาเอก เขาได้ทำงานวิจัยเกี่ยวกับกลไกที่ไวรัส HIV และเรโทรไวรัสอื่น ๆ แทรกยีนของพวกมันเข้าสู่จีโนมของเซลล์ที่ติดเชื้อ ซึ่งช่วยนำไปสู่การพัฒนายาใหม่ในการต่อสู้กับโรคนี้
ในช่วงต้นทศวรรษ 1990 ดร. บราวน์และทีมงานของเขาที่สแตนฟอร์ดได้พัฒนาเทคโนโลยี DNA microarray ซึ่งเป็นเครื่องมือที่ช่วยให้นักวิจัยสามารถวิเคราะห์การแสดงออกของยีนทั้งหมดในจีโนมได้พร้อมกัน เทคโนโลยีนี้มีบทบาทสำคัญในการวิจัยทางชีววิทยาและการแพทย์ โดยเฉพาะในการจำแนกประเภทของมะเร็งและการพยากรณ์โรค
นอกจากนี้ ดร. บราวน์ยังเป็นผู้ร่วมก่อตั้ง Public Library of Science (PLOS) ซึ่งเป็นองค์กรไม่แสวงหาผลกำไรที่มุ่งเน้นการเผยแพร่ผลงานวิจัยทางวิทยาศาสตร์ให้เข้าถึงได้ฟรีและเปิดกว้างต่อสาธารณะ
ในปี 2011 ดร. บราวน์ได้ก่อตั้ง Impossible Foods โดยมีเป้าหมายในการสร้างผลิตภัณฑ์เนื้อสัตว์จากพืชที่มีรสชาติและเนื้อสัมผัสคล้ายเนื้อสัตว์จริง เพื่อลดผลกระทบต่อสิ่งแวดล้อมจากการเลี้ยงสัตว์ เขาและทีมงานได้ค้นพบว่าโมเลกุล heme ซึ่งเป็นส่วนประกอบที่ให้รสชาติและกลิ่นเฉพาะของเนื้อสัตว์ สามารถผลิตจากพืชได้ โดยเฉพาะจากรากถั่วเหลือง พวกเขาใช้เทคนิคทางวิศวกรรมชีวภาพในการผลิต heme จากยีสต์ที่ได้รับการดัดแปลงพันธุกรรม และนำมาผสมกับโปรตีนจากพืชเพื่อสร้างผลิตภัณฑ์ที่มีลักษณะคล้ายเนื้อสัตว์
ดร. บราวน์ได้รับการยอมรับอย่างกว้างขวางในวงการวิทยาศาสตร์และเทคโนโลยี โดยได้รับรางวัลและเกียรติคุณหลายรายการ รวมถึงการเป็นสมาชิกของ National Academy of Sciences และ National Academy of Medicine ของสหรัฐอเมริกา ด้วยความมุ่งมั่นในการแก้ไขปัญหาสิ่งแวดล้อมผ่านนวัตกรรมทางอาหาร ดร. แพทริค โอ. บราวน์ ได้กลายเป็นบุคคลสำคัญที่มีบทบาทในการเปลี่ยนแปลงวิธีการบริโภคอาหารของโลกในศตวรรษที่ 21
เป้าหมายของเขาไม่ใช่เพียงแค่ทำอาหาร แต่คือ "ยุติการทำปศุสัตว์ให้หมดสิ้นภายในปี 2035"
เขาไม่ได้พูดลอย ๆ เขาลงมือ “ทำเนื้อจากพืช” ด้วยเทคโนโลยีที่ซับซ้อนระดับวิศวกรรมชีวภาพ นำโปรตีนจากถั่วเหลือง + น้ำมันมะพร้าว + เทคเจอร์ + สารเติมแต่งอีกชุดใหญ่ มาผ่านกระบวนการแปรรูปจนดูคล้ายเนื้อย่าง แต่ที่ทำให้ “มันดูเหมือนเนื้อจริง” คือการเติม ฮีม (Heme) เข้าไปสารประกอบที่อยู่ในเลือดและเนื้อสัตว์จริง ๆ
Impossible Foods คือบริษัทที่ไม่ได้เพียง “ปลอมรสชาติเนื้อ” แต่พยายามสร้างเนื้อจากพืช ให้เหมือนเนื้อจริงที่สุดเท่าที่วิทยาศาสตร์จะเอื้อมถึง จุดขายที่ทำให้แบรนด์นี้ดังเปรี้ยงก็คือสิ่งที่เรียกว่า “ฮีม” (heme) หรือโมเลกุลเหล็กในเลือด ซึ่งเป็นตัวการหลักที่ทำให้เนื้อวัวมีกลิ่นและรสเฉพาะตัวเวลาถูกย่างจนหอมฉุย
ดร.แพทริค บราวน์ และทีมนักวิจัยของเขาเริ่มจากการค้นหาว่า “อะไรในพืช” ให้กลิ่นคล้ายเลือด พวกเขาพบว่า “Leghemoglobin” ซึ่งอยู่ในรากถั่วเหลือง มีโครงสร้างใกล้เคียงกับ Hemoglobin ในเลือดสัตว์มากที่สุด จุดพลิกของเทคโนโลยีนี้คือ การผลิตเลกฮีโมโกลบินจากพืชจำนวนมาก ทำไม่ได้โดยการถอนรากถั่วมาทุบคั้น แต่ต้องอาศัยวิศวกรรมชีวภาพขั้นสูง
พวกเขาจึงใช้กระบวนการที่เรียกว่า “fermentation by genetically modified yeast” หรือการหมักโดยยีสต์ที่ผ่านการดัดแปลงพันธุกรรม โดยนำยีนของพืชที่สร้าง leghemoglobin ไปใส่ในยีสต์ (Pichia pastoris) แล้วเลี้ยงยีสต์นั้นในถังหมักขนาดใหญ่แบบเดียวกับโรงเบียร์ พอยีสต์ขยายตัว มันจะผลิตเลกฮีโมโกลบินออกมาจำนวนมาก จากนั้นจึงสกัดออกมาผสมกับโปรตีนจากพืช เช่น โปรตีนจากถั่วเหลือง หรือโปรตีนจากมันฝรั่ง
เพื่อให้เนื้อสัมผัสคล้ายเนื้อจริง ทีม Impossible Foods ยังใช้เทคนิคอื่นร่วมด้วย เช่น -Coconut Oil และ Sunflower Oil เป็นแหล่งไขมันที่ให้สัมผัส “ฉ่ำๆ” คล้ายไขมันเนื้อวัว -Methylcellulose สารที่ช่วยทำให้ส่วนผสมเกาะตัวเป็นก้อน คล้ายเนื้อบดจริง -Natural Flavors กลิ่นที่สกัดจากพืชหลายชนิด เพื่อเลียนแบบกลิ่นไหม้จากเนื้อย่าง
ทุกอย่างถูกผสมให้เข้ากัน ผ่านเครื่องอัดขึ้นรูป (extrusion) ที่ทำให้เนื้อออกมามี “เส้นใย” คล้ายกล้ามเนื้อวัว หรือหมู เมื่อโดนความร้อน โปรตีนจะเปลี่ยนโครงสร้าง (denature) และมีกลิ่นออกมาคล้ายๆ เนื้อย่างจริงๆ พร้อมน้ำสีแดงคล้ายเลือด (จาก heme) ไหลเยิ้ม ซึ่งคือไอเดียที่ทำให้ Impossible Burger เป็นมากกว่าแค่ “เบอร์เกอร์ผัก”
ผลลัพธ์คือ… เบอร์เกอร์พืชที่มีเลือดซึม สีชมพูดู juicy และกลิ่นไหม้ติดกระทะ จนคนกินรู้สึกเหมือนกำลังย่างเนื้อจริง ๆ
ฟังดูอัศจรรย์ใช่ไหม? แต่...การเติมฮีมจากยีสต์ตัดต่อพันธุกรรมลงในอาหาร ไม่เคยมีในธรรมชาติมาก่อน ในปี 2017 Impossible Foods ต้องยื่นเรื่องต่อ FDA เพื่อขออนุมัติว่า leghemoglobin จากยีสต์ GMO “ปลอดภัย”
แต่ในตอนนั้น FDA ตอบว่า “ยังไม่มีข้อมูลเพียงพอ” ว่าจะไม่ก่อให้เกิดภูมิแพ้หรือผลข้างเคียงในระยะยาว (ใช่แล้วจ้ะ... สารที่อยู่ในเบอร์เกอร์ชื่อดัง ถูกขายก่อนที่ FDA จะสรุปว่าปลอดภัยเต็มร้อย)
แล้วในที่สุด ปี 2019 FDA ก็ให้ผ่านแบบ “GRAS” (Generally Recognized As Safe) โดยใช้ข้อมูลจากการทดลองภายในของบริษัทเอง ไม่ใช่การทดสอบอิสระจากภายนอก
เฮียว่าอันนี้ต้องมีใครสะกิดในใจแล้วล่ะว่า “เรากำลังเอาอะไรเข้าปากกันแน่?”
แม้จะฟังดูเท่ ไฮเทค และดีต่อสิ่งแวดล้อม แต่ก็มีคำถามจากนักวิจารณ์มากมายว่า… แท้จริงแล้วอาหารเหล่านี้เป็นอาหาร “เพื่อสิ่งแวดล้อม” หรือเป็นเพียง “ภาพฝันที่ควบคุมโดยบริษัทเทคโนโลยียักษ์ใหญ่”?
มันเต็มไปด้วยคำถาม คำถาม และ คำถามนะสิครับ
ในเมื่อ Impossible Foods ได้รับเงินลงทุนหลายรอบจากบริษัทยักษ์อย่าง Google Ventures, UBS, และ Temasek (ของรัฐบาลสิงคโปร์) บอกตรง ๆ ว่า เงินแบบนี้ไม่ได้หวังแค่เปลี่ยนโลกแต่มันมาพร้อมเป้าหมายที่ชัดมาก การสร้างสิทธิบัตรอาหารใหม่ ที่ควบคุมการผลิตจากต้นน้ำยันปลายน้ำ อย่าลืมว่า ยีสต์ที่ผ่านการดัดแปลงพันธุกรรม หรือ GMO yeast นั้นถือเป็นสิทธิบัตร ถ้าใครจะผลิต Heme แบบเดียวกันก็ต้องขออนุญาตจาก Impossible Foods หรือไม่ก็โดนฟ้องได้เลย แปลว่า “เทคโนโลยีรสชาติเนื้อ” ไม่ได้เป็นมรดกของโลก แต่อยู่ในมือบริษัทไม่กี่แห่ง
ยิ่งไปกว่านั้น อุปกรณ์การผลิตต้องลงทุนสูง ต้องมีโรงหมัก ปฏิบัติการชีวภาพ การควบคุมความปลอดภัยที่เข้มข้น จึงไม่ใช่ใครๆ ก็ทำได้ ที่น่ากลัวคือ ถ้าเมื่อวันหนึ่งเนื้อสัตว์ธรรมชาติถูกทำให้กลายเป็น “ปีศาจสิ่งแวดล้อม” หรือ "ตัวเชื้อโรคผ่านอาหาร" โดยนโยบายรัฐและการตลาดของกลุ่มเทคฯ อาหารที่ประชาชนกินได้อาจเหลือแค่ “สิ่งที่ผลิตโดยมีสิทธิบัตร” เท่านั้น
เมื่อถึงวันนั้น ประชาชนจะสิ้นความชอบธรรมในการ “เลี้ยงวัวไว้กินเอง” ไม่ได้อีกต่อไป เพราะอาจโดนห้ามจากข้อกฎหมายคาร์บอน กฎหมายการกักกันเชื้อ ประชาชนจะ “เก็บพืชริมรั้วมาทำอาหาร” ไม่ได้อีกต่อไป เพราะกลิ่นไม่เหมือนเนื้อแลปที่เคยชิน และประชาชนจะ “ทำอาหารเองในบ้าน” ไม่ได้อีกต่อไป เพราะระบบเสพติดรสเนื้อเทียมจะทำให้คนเบือนหน้าจากอาหารจริง
ในขณะที่ Impossible Foods โฆษณาว่า “เราแค่อยากช่วยโลก” แต่เทคโนโลยีนี้อาจเปลี่ยน “อาหาร” ให้กลายเป็น “สิทธิบัตร” ที่ประชาชนเช่ากินจากบริษัท และเปลี่ยน “สิทธิในการเข้าถึงอาหาร” ให้กลายเป็น “อภิมหาอำนาจควบคุมโลก” โดยไม่ต้องยิงแม้แต่นัดเดียว หรือเปล่า???
เพราะเมื่อคุณควบคุมอาหารได้… คุณไม่ต้องควบคุมประชาชนอีกเลย
เฮียไม่ได้ต่อต้านเทคโนโลยี แต่เฮียอยากให้เราหยุดคิดนิดนึง แล้วตั้งคำถามในขณะที่เรายังเฝ้ามองว่า ถ้าของกินที่ดูน่าเชื่อถือ กินแล้วเหมือนเนื้อแท้ ๆ มันต้องมาจากกระบวนการที่ซับซ้อน แพง และถูกควบคุมโดยบริษัทที่มีสิทธิบัตรล้อมรอบ แล้ววันหนึ่ง ถ้าบริษัทนั้นล่มล่ะ? ถ้าถูกซื้อโดยบริษัทยักษ์ใหญ่? หรือถ้าพวกเขาขึ้นราคาจนยังไงเราก็ต้องทำงานหาเงินมาซื้อมันเพื่อกินประทังชีวิต?
อาหารจะยังเป็นของเราหรือเปล่า?
เราจะยัง “กินเพื่ออยู่” หรือแค่ “อยู่เพื่อจ่ายค่าเช่าระบบกิน”?
เราคงไม่ผิดที่จะตั้งคำถามใช่ไหม เพราะถ้ามันมีทางออก มันคงไม่น่ากลัว
#pirateketo #กูต้องรู้มั๊ย #ม้วนหางสิลูก #siamstr
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@ cae03c48:2a7d6671
2025-05-30 05:00:51Bitcoin Magazine
Michael Saylor Presents The 21 Ways to Wealth at Bitcoin 2025Michael Saylor, Executive Chairman of Strategy, took the stage at Bitcoin 2025 delivering a keynote titled “21 Ways to Wealth.” He stated: “This speech is for you. I’ve traveled the world and told countries, institutional investors, and even the disembodied spirits of our children’s children why they need Bitcoin. This is for every individual, every family, every small business. It’s for everybody.”
He began with clarity. “The first way to wealth is clarity,” he said. “Clarity comes the moment you realize Bitcoin is capital—perfected capital, programmable capital, incorruptible capital.” For Saylor, every thoughtful individual on Earth will ultimately seek such pristine capital, and every AI system will prefer it as well.
The second path is conviction. Bitcoin, he said, will appreciate faster than every other asset, because it’s engineered for performance. “It’s going to grow faster than real estate or collectibles. It is the most efficient store of value in human history.”
The third way is courage. “If you’re going to get rich on Bitcoin, you need courage,” he warned. “Wealth favors those who embrace intelligent monetary risk. Some people will get left behind. Others will juggle it. But the bold will feed the fire—sell your bonds, buy Bitcoin. An extraordinary explosion of value is coming.”
Fourth comes cooperation. “You are more powerful if you have the full support of your family. Your children have time and potential. The secret is transferring capital into their hands. Families that move in unity are unstoppable.”
The fifth is capability. “Master AI,” he said. “In 2025, everything you can imagine is at your fingertips—wisdom, analysis, creativity. Ask AI, argue with it, use it. You can become a super genius. Don’t put your ego first—put your interests first. Your family will thank you.”
Saylor’s sixth way to wealth is composition: construct legal entities that scale your strategy and protect your assets. “Ask the AI and figure it out. You can work hard, or you can work smart. This year, everyone should be operating like the most sophisticated millionaire family office.”
The seventh is citizenship. Choose your economic nexus carefully—“domicile where sovereignty respects your freedom,” he said. “This isn’t just about this year—it’s about this century.”
Eighth is civility. “Respect the natural power structures of the world. Respect the force of nature,” he explained. “If you want to generate wealth in the Bitcoin universe, don’t fight unnecessarily. Find common ground. Inflation and distraction are your enemies.”
Ninth is corporation. “A well-structured corporation is the most powerful wealth engine on Earth. Families are powerful. Partnerships are even more powerful. But corporations can scale globally. What is your vehicle? What is your path?”
The tenth way is focus. “Just because you can do a thing doesn’t mean you should,” he warned. “If you invest in Bitcoin, there’s a 90% chance it will succeed over five years. Don’t confuse ambition with accomplishment. Come up with a strategy—and stick to it.”
The eleventh is equity. “Share your opportunities with investors who will share your risk,” he said, pointing to MicroStrategy’s own rise from $10 million to a $5 billion market cap by aligning with equity partners who believed in the Bitcoin mission.
The twelfth is credit. “There are people in the world who are afraid of the future—they want small yield, certainty. Offer that. Give creditors security in return for capital. Convert their fear into fuel and turn risk into yield by investing in Bitcoin.”
The thirteenth is compliance. “Create the best company you can within the rules of your market. Learn the rules of the road. If you know them, you can drive faster. You can scale legally and sustainably.”
The fourteenth way is capitalization. “Velocity compounds wealth,” Saylor said. “Raise and reinvest capital as fast and as often as you can. The faster your money moves into productive Bitcoin strategies, the more it multiplies.”
Fifteenth is communication. “Speak with candor. Act with transparency. And repeat your message often,” he urged. “Creating wealth with Bitcoin is simple—but only if people understand what you’re doing and why you’re doing it.”
Sixteenth is commitment. “Don’t allow yourself to be distracted,” he said. “Don’t chase your own ideas. Don’t feed the trolls. Stay committed to Bitcoin. It’s the greatest idea in the world. The world probably doesn’t care what you think—but it will care when you win.”
The Seventeenth way is competence. “You’re not competing with noise—you’re competing with someone who is laser-focused, who executes flawlessly,” he said. “You must deliver consistent, precise, and reliable performance. That’s how you win.”
The Eighteenth is adaptation. “Circumstances change. Every structure you trust today will eventually fail. A wise person is prepared to abandon their baggage and adjust plans when needed. Rigidity is ruin.”
Nineteenth is evolution. “Build on your core strengths. You don’t need to start over—you need to level up. Leverage what you already do best, and expand it through Bitcoin and advanced technologies.”
Twentieth is advocacy. “Inspire others to walk the Bitcoin path,” he said. “Become an evangelist for economic freedom. Show others what this revolution really means. Show them the way.”
Finally, the twenty-first way is generosity. “When you’re successful—and you will be successful—spread happiness. Share security. Deliver hope. That light inside you will shine. And others will be drawn to it.”
As he ended, Saylor smiled and quoted the very origin of it all:
“It might make sense to get some, in case it catches on.” – Satoshi.
In Michael Saylor’s worldview, Bitcoin is not a get-rich-quick scheme—it’s the ultimate long-term play. It is the foundation of generational wealth, the engine of personal and institutional freedom, and the tool for those bold enough to lead humanity into a more sovereign, secure future.
You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below:
This post Michael Saylor Presents The 21 Ways to Wealth at Bitcoin 2025 first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
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@ b7274d28:c99628cb
2025-05-28 01:11:43In this second installment of The Android Elite Setup tutorial series, we will cover installing the nostr:npub10r8xl2njyepcw2zwv3a6dyufj4e4ajx86hz6v4ehu4gnpupxxp7stjt2p8 on your #Android device and browsing for apps you may be interested in trying out.
Since the #Zapstore is a direct competitor to the Google Play Store, you're not going to be able to find and install it from there like you may be used to with other apps. Instead, you will need to install it directly from the developer's GitHub page. This is not a complicated process, but it is outside the normal flow of searching on the Play Store, tapping install, and you're done.
Installation
From any web browser on your Android phone, navigate to the Zapstore GitHub Releases page and the most recent version will be listed at the top of the page. The .apk file for you to download and install will be listed in the "Assets."
Tap the .apk to download it, and you should get a notification when the download has completed, with a prompt to open the file.
You will likely be presented with a prompt warning you that your phone currently isn't allowed to install applications from "unknown sources." Anywhere other than the Play Store is considered an "unknown source" by default. However, you can manually allow installation from unknown sources in the settings, which the prompt gives you the option to do.
In the settings page that opens, toggle it to allow installation from this source, and you should be prompted to install the application. If you aren't, simply go to your web browser's downloads and tap on the .apk file again, or go into your file browser app and you should find the .apk in your Downloads folder.
If the application doesn't open automatically after install, you will find it in your app drawer.
Home Page
Right at the top of the home page in the Zapstore is the search bar. You can use it to find a specific app you know is available in the Zapstore.
There are quite a lot of open source apps available, and more being added all the time. Most are added by the Zapstore developer, nostr:npub1wf4pufsucer5va8g9p0rj5dnhvfeh6d8w0g6eayaep5dhps6rsgs43dgh9, but some are added by the app developers themselves, especially Nostr apps. All of the applications we will be installing through the Zapstore have been added by their developers and are cryptographically signed, so you know that what you download is what the developer actually released.
The next section is for app discovery. There are curated app collections to peruse for ideas about what you may want to install. As you can see, all of the other apps we will be installing are listed in nostr:npub1wf4pufsucer5va8g9p0rj5dnhvfeh6d8w0g6eayaep5dhps6rsgs43dgh9's "Nostr" collection.
In future releases of the Zapstore, users will be able to create their own app collections.
The last section of the home page is a chronological list of the latest releases. This includes both new apps added to the Zapstore and recently updated apps. The list of recent releases on its own can be a great resource for discovering apps you may not have heard of before.
Installed Apps
The next page of the app, accessed by the icon in the bottom-center of the screen that looks like a clock with an arrow circling it, shows all apps you have installed that are available in the Zapstore. It's also where you will find apps you have previously installed that are ready to be updated. This page is pretty sparse on my test profile, since I only have the Zapstore itself installed, so here is a look at it on my main profile:
The "Disabled Apps" at the top are usually applications that were installed via the Play Store or some other means, but are also available in the Zapstore. You may be surprised to see that some of the apps you already have installed on your device are also available on the Zapstore. However, to manage their updates though the Zapstore, you would need to uninstall the app and reinstall it from the Zapstore instead. I only recommend doing this for applications that are added to the Zapstore by their developers, or you may encounter a significant delay between a new update being released for the app and when that update is available on the Zapstore.
Tap on one of your apps in the list to see whether the app is added by the developer, or by the Zapstore. This takes you to the application's page, and you may see a warning at the top if the app was not installed through the Zapstore.
Scroll down the page a bit and you will see who signed the release that is available on the Zapstore.
In the case of Primal, even though the developer is on Nostr, they are not signing their own releases to the Zapstore yet. This means there will likely be a delay between Primal releasing an update and that update being available on the Zapstore.
Settings
The last page of the app is the settings page, found by tapping the cog at the bottom right.
Here you can send the Zapstore developer feedback directly (if you are logged in), connect a Lightning wallet using Nostr Wallet Connect, delete your local cache, and view some system information.
We will be adding a connection to our nostr:npub1h2qfjpnxau9k7ja9qkf50043xfpfy8j5v60xsqryef64y44puwnq28w8ch wallet in part 5 of this tutorial series.
For the time being, we are all set with the Zapstore and ready for the next stage of our journey.
Continue to Part 3: Amber Signer. Nostr link: nostr:naddr1qqxnzde5xuengdeexcmnvv3eqgstwf6d9r37nqalwgxmfd9p9gclt3l0yc3jp5zuyhkfqjy6extz3jcrqsqqqa28qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qg6waehxw309aex2mrp0yhxyunfva58gcn0d36zumn9wss80nug
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@ 91add87d:3245770f
2025-05-29 23:41:38Do you guys actually identify with you online username or do you identify with government name? No this isn't some woke left ideal about pronouns. I do not use my real name for any of my handles, X and Nostr and email are all fake. Meaningful and something i picked specifically. My government name is something that was forced on me and yes I know I can it but the persona I have created online feels authentic and what I see myself as. It's what I'll be using to create my small businesses. My LLC is going to a copy of what I have created.
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@ dfa02707:41ca50e3
2025-05-30 04:01:53Contribute to keep No Bullshit Bitcoin news going.
- The latest firmware updates for COLDCARD devices introduce two major features: COLDCARD Co-sign (CCC) and Key Teleport between two COLDCARD Q devices using QR codes and/or NFC with a website.
What's new
- COLDCARD Co-Sign: When CCC is enabled, a second seed called the Spending Policy Key (Key C) is added to the device. This seed works with the device's Main Seed and one or more additional XPUBs (Backup Keys) to form 2-of-N multisig wallets.
- The spending policy functions like a hardware security module (HSM), enforcing rules such as magnitude and velocity limits, address whitelisting, and 2FA authentication to protect funds while maintaining flexibility and control, and is enforced each time the Spending Policy Key is used for signing.
- When spending conditions are met, the COLDCARD signs the partially signed bitcoin transaction (PSBT) with the Main Seed and Spending Policy Key for fund access. Once configured, the Spending Policy Key is required to view or change the policy, and violations are denied without explanation.
"You can override the spending policy at any time by signing with either a Backup Key and the Main Seed or two Backup Keys, depending on the number of keys (N) in the multisig."
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A step-by-step guide for setting up CCC is available here.
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Key Teleport for Q devices allows users to securely transfer sensitive data such as seed phrases (words, xprv), secure notes and passwords, and PSBTs for multisig. It uses QR codes or NFC, along with a helper website, to ensure reliable transmission, keeping your sensitive data protected throughout the process.
- For more technical details, see the protocol spec.
"After you sign a multisig PSBT, you have option to “Key Teleport” the PSBT file to any one of the other signers in the wallet. We already have a shared pubkey with them, so the process is simple and does not require any action on their part in advance. Plus, starting in this firmware release, COLDCARD can finalize multisig transactions, so the last signer can publish the signed transaction via PushTX (NFC tap) to get it on the blockchain directly."
- Multisig transactions are finalized when sufficiently signed. It streamlines the use of PushTX with multisig wallets.
- Signing artifacts re-export to various media. Users are now provided with the capability to export signing products, like transactions or PSBTs, to alternative media rather than the original source. For example, if a PSBT is received through a QR code, it can be signed and saved onto an SD card if needed.
- Multisig export files are signed now. Public keys are encoded as P2PKH address for all multisg signature exports. Learn more about it here.
- NFC export usability upgrade: NFC keeps exporting until CANCEL/X is pressed.
- Added Bitcoin Safe option to Export Wallet.
- 10% performance improvement in USB upload speed for large files.
- Q: Always choose the biggest possible display size for QR.
Fixes
- Do not allow change Main PIN to same value already used as Trick PIN, even if Trick PIN is hidden.
- Fix stuck progress bar under
Receiving...
after a USB communications failure. - Showing derivation path in Address Explorer for root key (m) showed double slash (//).
- Can restore developer backup with custom password other than 12 words format.
- Virtual Disk auto mode ignores already signed PSBTs (with “-signed” in file name).
- Virtual Disk auto mode stuck on “Reading…” screen sometimes.
- Finalization of foreign inputs from partial signatures. Thanks Christian Uebber!
- Temporary seed from COLDCARD backup failed to load stored multisig wallets.
Destroy Seed
also removes all Trick PINs from SE2.Lock Down Seed
requires pressing confirm key (4) to execute.- Q only: Only BBQr is allowed to export Coldcard, Core, and pretty descriptor.
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@ dfa02707:41ca50e3
2025-05-30 04:01:51Contribute to keep No Bullshit Bitcoin news going.
News
- Spiral welcomes Ben Carman. The developer will work on the LDK server and a new SDK designed to simplify the onboarding process for new self-custodial Bitcoin users.
- Spiral renews support for Dan Gould and Joschisan. The organization has renewed support for Dan Gould, who is developing the Payjoin Dev Kit (PDK), and Joschisan, a Fedimint developer focused on simplifying federations.
- The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation. The annual dues from these corporate members fund the small team of open-source developers responsible for maintaining the core BDK libraries and related free and open-source software (FOSS) projects.
- The European Central Bank is pushing for amendments to the European Union's Markets in Crypto Assets legislation (MiCA), just months after its implementation. According to Politico's report on Tuesday, the ECB is concerned that U.S. support for cryptocurrency, particularly stablecoins, could cause economic harm to the 27-nation bloc.
- Slovenia is considering a 25% capital gains tax on Bitcoin profits for individuals. The Ministry of Finance has proposed legislation to impose this tax on gains from cryptocurrency transactions, though exchanging one cryptocurrency for another would remain exempt. At present, individual 'crypto' traders in Slovenia are not taxed.
- The Virtual Asset Service Providers (VASP) Bill 2025 introduced in Kenya. The new legislation aims to establish a comprehensive legal framework for licensing, regulating, and supervising virtual asset service providers (VASPs), with strict penalties for non-compliant entities.
- Circle, BitGo, Coinbase, and Paxos plan to apply for U.S. bank charters or licenses. According to a report in The Wall Street Journal, major crypto companies are planning to apply for U.S. bank charters or licenses. These firms are pursuing limited licenses that would permit them to issue stablecoins, as the U.S. Congress deliberates on legislation mandating licensing for stablecoin issuers.
"Established banks, like Bank of America, are hoping to amend the current drafts of [stablecoin] legislation in such a way that nonbanks are more heavily restricted from issuing stablecoins," people familiar with the matter told The Block.
- Paul Atkins has officially assumed the role of the 34th Chairman of the US Securities and Exchange Commission (SEC). This is a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 under the George W. Bush administration. He has committed to advancing the SEC’s mission of fostering capital formation, safeguarding investors, and ensuring fair and efficient markets.
- Federal Reserve retracts guidance discouraging banks from engaging in 'crypto.' The U.S. Federal Reserve withdrew guidance that discouraged banks from crypto and stablecoin activities, as announced by its Board of Governors on Thursday. This includes rescinding a 2022 supervisory letter requiring prior notification of crypto activities and 2023 stablecoin requirements.
"As a result, the Board will no longer expect banks to provide notification and will instead monitor banks' crypto-asset activities through the normal supervisory process," reads the FED statement.
- Russian government to launch a cryptocurrency exchange. The country's Ministry of Finance and Central Bank announced plans to establish a trading platform for "highly qualified investors" that "will legalize crypto assets and bring crypto operations out of the shadows."
- Twenty One Capital is set to launch with over 42,000 BTC in its treasury. This new Bitcoin-native firm, backed by Tether and SoftBank, is planned to go public via a SPAC merger with Cantor Equity Partners and will be led by Jack Mallers, co-founder and CEO of Strike. According to a report by the Financial Times, the company aims to replicate the model of Michael Saylor with his company, MicroStrategy.
- Strategy increases Bitcoin holdings to 538,200 BTC. In the latest purchase, the company has spent more than $555M to buy 6,556 coins through proceeds of two at-the-market stock offering programs.
- Metaplanet buys another 145 BTC. The Tokyo-listed company has purchased an additional 145 BTC for $13.6 million. Their total bitcoin holdings now stand at 5,000 coins, worth around $428.1 million.
- Semler Scientific has increased its bitcoin holdings to 3,303 BTC. The company acquired an additional 111 BTC at an average price of $90,124. The purchase was funded through proceeds from an at-the-market offering and cash reserves, as stated in a press release.
- Tesla still holds nearly $1 billion in bitcoin. According to the automaker's latest earnings report, the firm reported digital asset holdings worth $951 million as of March 31.
- Spar supermarket experiments with Bitcoin payments in Zug, Switzerland. The store has introduced a new payment method powered by the Lightning Network. The implementation was facilitated by DFX Swiss, a service that supports seamless conversions between bitcoin and legacy currencies.
- Charles Schwab to launch spot Bitcoin trading by 2026. The financial investment firm, managing over $10 trillion in assets, has revealed plans to introduce spot Bitcoin trading for its clients within the next year.
- Arch Labs has secured $13 million to develop "ArchVM" and integrate smart-contract functionality with Bitcoin. The funding round, valuing the company at $200 million, was led by Pantera Capital, as announced on Tuesday.
- Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge utilizes the BitVM2 programming language to inherit validity from Bitcoin, allegedly providing "the safest and most trust-minimized way to use BTC in decentralized finance."
- UAE-based Islamic bank ruya launches Shari’ah-compliant bitcoin investing. The bank has become the world’s first Islamic bank to provide direct access to virtual asset investments, including Bitcoin, via its mobile app, per Bitcoin Magazine.
- Solosatoshi.com has sold over 10,000 open-source miners, adding more than 10 PH of hashpower to the Bitcoin network.
"Thank you, Bitaxe community. OSMU developers, your brilliance built this. Supporters, your belief drives us. Customers, your trust powers 10,000+ miners and 10PH globally. Together, we’re decentralizing Bitcoin’s future. Last but certainly not least, thank you@skot9000 for not only creating a freedom tool, but instilling the idea into thousands of people, that Bitcoin mining can be for everyone again," said the firm on X.
- OCEAN's DATUM has found 100 blocks. "Over 65% of OCEAN’s miners are using DATUM, and that number is growing every day. This means block template construction is making its way back into the hands of the miners, which is not only the most profitable
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@ dfa02707:41ca50e3
2025-05-30 04:01:48Contribute to keep No Bullshit Bitcoin news going.
This update brings key enhancements for clarity and usability:
- Recent Blocks View: Added to the Send tab and inspired by Mempool's visualization, it displays the last 2 blocks and the estimated next block to help choose fee rates.
- Camera System Overhaul: Features a new library for higher resolution detection and mouse-scroll zoom support when available.
- Vector-Based Images: All app images are now vectorized and theme-aware, enhancing contrast, especially in dark mode.
- Tor & P2A Updates: Upgraded internal Tor and improved support for pay-to-anchor (P2A) outputs.
- Linux Package Rename: For Linux users, Sparrow has been renamed to sparrowwallet (or sparrowserver); in some cases, the original sparrow package may need manual removal.
- Additional updates include showing total payments in multi-payment transaction diagrams, better handling of long labels, and other UI enhancements.
- Sparrow v2.2.1 is a bug fix release that addresses missing UUID issue when starting Tor on recent macOS versions, icons for external sources in Settings and Recent Blocks view, repackaged
.deb
installs to use older gzip instead of zstd compression, and removed display of median fee rate where fee rates source is set to Server.
Learn how to get started with Sparrow wallet:
Release notes (v2.2.0)
- Added Recent Blocks view to Send tab.
- Converted all bitmapped images to theme aware SVG format for all wallet models and dialogs.
- Support send and display of pay to anchor (P2A) outputs.
- Renamed
sparrow
package tosparrowwallet
andsparrowserver
on Linux. - Switched camera library to openpnp-capture.
- Support FHD (1920 x 1080) and UHD4k (3840 x 2160) capture resolutions.
- Support camera zoom with mouse scroll where possible.
- In the Download Verifier, prefer verifying the dropped file over the default file where the file is not in the manifest.
- Show a warning (with an option to disable the check) when importing a wallet with a derivation path matching another script type.
- In Cormorant, avoid calling the
listwalletdir
RPC on initialization due to a potentially slow response on Windows. - Avoid server address resolution for public servers.
- Assume server address is non local for resolution failures where a proxy is configured.
- Added a tooltip to indicate truncated labels in table cells.
- Dynamically truncate input and output labels in the tree on a transaction tab, and add tooltips if necessary.
- Improved tooltips for wallet tabs and transaction diagrams with long labels.
- Show the address where available on input and output tooltips in transaction tab tree.
- Show the total amount sent in payments in the transaction diagram when constructing multiple payment transactions.
- Reset preferred table column widths on adjustment to improve handling after window resizing.
- Added accessible text to improve screen reader navigation on seed entry.
- Made Wallet Summary table grow horizontally with dialog sizing.
- Reduced tooltip show delay to 200ms.
- Show transaction diagram fee percentage as less than 0.01% rather than 0.00%.
- Optimized and reduced Electrum server RPC calls.
- Upgraded Bouncy Castle, PGPainless and Logback libraries.
- Upgraded internal Tor to v0.4.8.16.
- Bug fix: Fixed issue with random ordering of keystore origins on labels import.
- Bug fix: Fixed non-zero account script type detection when signing a message on Trezor devices.
- Bug fix: Fixed issue parsing remote Coldcard xpub encoded on a different network.
- Bug fix: Fixed inclusion of fees on wallet label exports.
- Bug fix: Increase Trezor device libusb timeout.
Linux users: Note that the
sparrow
package has been renamed tosparrowwallet
orsparrowserver
, and in some cases you may need to manually uninstall the originalsparrow
package. Look in the/opt
folder to ensure you have the new name, and the original is removed.What's new in v2.2.1
- Updated Tor library to fix missing UUID issue when starting Tor on recent macOS versions.
- Repackaged
.deb
installs to use older gzip instead of zstd compression. - Removed display of median fee rate where fee rates source is set to Server.
- Added icons for external sources in Settings and Recent Blocks view
- Bug fix: Fixed issue in Recent Blocks view when switching fee rates source
- Bug fix: Fixed NPE on null fee returned from server
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@ eb0157af:77ab6c55
2025-05-30 04:01:34The revelation by Miles Suter, Product Lead at Block, at the Bitcoin Conference 2025 confirms the economic potential of LN for professional operators.
During the Bitcoin 2025 conference in Las Vegas, Miles Suter, Bitcoin Product Lead at Block Inc., revealed data that could change the economic perception of the Lightning Network: the company’s routing node is generating annual returns of 9.7% on invested liquidity.
During his presentation, Suter confirmed what many experts suspected but no one had ever quantified precisely: Lightning payment routing can be not only technically effective, but also economically profitable on a large scale. With an estimated public capacity of 184 BTC (approximately $20 million), Block is demonstrating that Lightning infrastructure can generate significant returns through the use of bitcoin as a payment method.
Non-custodial yield
Lightning routing represents what experts define as “true non-custodial yield” – returns generated from the pure economic utility of bitcoin as a means of payment, without having to entrust one’s funds to third parties.
“We are earning almost 10% returns on Bitcoin by effectively routing real payments on the Lightning network,” Suter declared.
In 2024 Cash App recorded an increase in Lightning payment volume equal to 7 times that of the previous year: one in four outgoing payments now occurs via LN, Suter stated.
According to Block’s Product Lead “if Bitcoin becomes only digital gold, we have failed the mission. If we don’t use bitcoin for payments, we risk losing one of the most important promises permissionless money. If we don’t preserve the qualities of cash in the digital world, human liberty is seriously in trouble.”
The company aims to incentivize practical and daily use of bitcoin, seeing Lightning payments as the key to realizing Satoshi Nakamoto’s original vision of a “peer-to-peer electronic payment system.”
The post Lightning routing yields 10% annually: Block’s announcement appeared first on Atlas21.
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@ eb0157af:77ab6c55
2025-05-30 04:01:33At Bitcoin 2025, the company unveils the Blockstream App and a strategic roadmap to accelerate adoption.
During the Bitcoin 2025 conference held in Las Vegas, Blockstream announced several updates, including a new non-custodial application and a corporate strategy structured around three operational divisions.
Introducing the Blockstream App: a new Bitcoin wallet that grows with you.
From first sats to advanced custody, it brings self-sovereignty into reach no matter where you start. Available now on Android, coming soon to iOS.
pic.twitter.com/UBiNHKh8bO
— Blockstream (@Blockstream) May 29, 2025
The new Blockstream App allows users to purchase Bitcoin directly and store it in their own wallet, eliminating the need to rely on external custodians for fund management. This technological solution is built on the infrastructure of the Blockstream Green wallet. The app supports Bitcoin, Lightning, and Liquid.
The app’s design has been conceived to meet the needs of a diverse audience, the company stated. Its interface is accessible for beginners while retaining advanced functionalities for more experienced users.
It also remains compatible with advanced security features such as hardware wallet signing and air-gapped transactions via Blockstream Jade.
Corporate strategy: consumer, enterprise, and BAM
During the event, Blockstream revealed a strategic restructuring organized into three distinct operational units. This new framework aims to strengthen the company’s position within the Bitcoin economy through tailored approaches for specific markets.
The Consumer division will focus on developing products for retail users, while the Enterprise division will manage relationships with corporate clients. Blockstream Asset Management (BAM) will serve as the company’s institutional arm, specializing in Bitcoin investment products for institutional customers.
Adam Back, CEO of Blockstream, commented:
“The past year has shown clearly that Bitcoin no longer sits on the margins of the global financial system—it is rapidly becoming the foundation. Our vision is simple: the future of finance runs on Bitcoin.”
The post Blockstream launches a non-custodial app to buy Bitcoin appeared first on Atlas21.
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@ a296b972:e5a7a2e8
2025-05-29 21:11:46Inzwischen Jahr 6 im Dauer-Ausnahmezustand. Angriff auf den Verstand. Großoffensive. Es wird mit allem geschossen, aus dem Wahnsinn herauskommen kann. Jeder klare Gedanke ist unschädlich zu machen. Großkotziges, staatsmännisches Geschwafel, dass sich einem die Nackenhaare aufstellen. Für wie doof haltet ihr uns eigentlich? Endlos Bürsten gegen den Strich. Angewidertes inneres Schütteln. Dringende Empfehlung einer Spülung der Gehirnwindungen. Idioten in Verantwortung wechseln auf andere Posten in Verantwortung und bleiben Idioten. Idioten gehen verantwortungslos mit unserer wertvollen Lebenszeit um. Ach, dafür ist man selbst verantwortlich? Wo ist der, der so ein dickes Fell hat, dass ihm dieser Irrsinn nicht nahegeht. Wo steht das Fass mit Teflon-Lack, in das man eintauchen kann, damit die Absurditäten an einem abperlen?
Eine zu tiefst verunsicherte und gespaltene Gesellschaft. Halt im Glauben in der Kirche? Von wegen: Sehr geehrte Jesusse und Jesusinnen. Ens ist gekreuzigt worden. Ja, in der Freiluft-Irrenanstalt. Auf einem Hügel von Denk-Dreck. Gott ist queer! Du tickst ja nicht mehr ganz sauber. Tanzende Brathähnchen vor dem Altar. Warum kommt keine Sintflut, wenn man sie mal braucht? Man muss gar nicht religiös sein, um zu sehen, dass das Gaga ist. Eine Produktion der Sodom & Gomorrha Anstalt GmbH & Co. KG.
Kein Vertrauen mehr, außer in sich selbst, meistens jedenfalls. Ja, man will uns vor allem Angst machen, teils unbegründet, so manches aber gibt es dann doch tatsächlich, was einem schwer zu denken gibt.
Vielen geht dieser Psychokrieg inzwischen an die Substanz, der ständig herabprasselnde Dauerwahnsinn erinnert an Water-Boarding.
Gut gemeinte Ratschläge, geht hinaus in die Natur, beackert euren Garten, wenn ihr einen habt, erdet euch, macht Entspannungsübungen, Zeit des Aufwachens, wir treten in ein neues Zeitalter ein, alles fein. Abschalten gelingt, aber der Aufprall in der Realität ist dann umso schlimmer, weil man sich daran erinnert hat, wie sorgenfrei und unbeschwert das Leben sein könnte, und wenn man es mit den derzeitigen Lebensumständen abgleicht, dann ist die schlechte Laune sofort wieder da. Im Verdrängens-Test mit Pauken und Trompeten durchgefallen.
Dann vielleicht doch lieber im Dauer-Modus des Irrsinns bleiben, sich mit den schrägen Zuständen arrangieren, nicht daran gewöhnen, nur lernen, damit bestmöglich umzugehen, und das Beste draus zu machen, irgendwie.
Man will dem Rat folgen, mal eine Nachrichten-freie Woche einzulegen, nimmt sich das ganz fest vor, und dann wird aber wieder doch nichts draus. Nicht, weil man sensationsgeil oder masochistisch veranlagt wäre, nein, der Antrieb, oder vielleicht sogar schon die Sucht, ist ganz woanders zu suchen: Man hat Sehnsucht nach der Vernunft und dem gesunden Hausverstand. Man hofft, ihn irgendwo zu finden. Nur einen Funken Hoffnung, an den man sich klammern kann, dass der Tiefpunkt durchschritten ist und es jetzt wieder aufwärts geht. Lichtblicke, der Wind dreht sich, Anzeichen für eine Wiederkehr des Verstandes, irgendetwas, das man als einen Weg hin zur Normalität deuten könnte. Aber, Fehlanzeige.
Stattdessen: Geschichtsvergessenheit, pathologischer Größenwahn, Großmannstum, fortgeschrittener Wahnsinn, Provokation, Kriegslüsternheit, Lügen, Intrigen, Interessen, Korruption, Geldverschwendung, Ideologie, Dummheit, Wirtschaftsvernichtung, Friedensverhinderung, Diplomatie-Allergie, Überheblichkeit, Abgehobenheit, Schadensmaximierung, Vernichtung, Feindschaft, Unmenschlichkeit, Tote, Gesetzesbruch, Mafia-Strukturen, sich selbst schützende Systeme, Cliquenbildung, Feigheit, Einschüchterung, Freiheitsbeschränkungen, Meinungs-Maulkörbe, Abschaffung der demokratischen Freiheit, Abschaffung der persönlichen Freiheit, Kontrolle, Überwachung, begleitetes Denken, Fühlen, Wollen, Verwirrung, Dreistigkeit, Frechheit, Missachtung des Volkes, Denunziantentum, Abwanderung, und und und.
Ein richtiges Schlachtfest der Kultur. Perversion des Menschseins. Das neue Normal ist irre.
Bislang ist keine der zahlreichen Baustellen beendet. Eine Wende steht unmittelbar bevor. Und sie steht und steht und steht bevor. Kein Gefühl von „Erledigt“, nächstes Problem angehen und auflösen. Weiter. Noch meilenweit von dem Gefühl entfernt, der Wahnsinn wird weniger, langsam, aber er wird weniger.
Fluchtgedanken. Aber wohin? In Europa bleiben, vielleicht besser nicht? Weiter weg, aber wohin da? Nicht vergessen, die Nachrichten erreichen einen überall. Und man bleibt mit seiner Heimat innerlich verbunden, egal wo man ist.
Es bleibt ein Entlanghangeln von einer vernünftigen Stimme zur anderen, die einem bestätigt, dass man selbst noch nicht den Verstand verloren hat. Die gibt es ja gottseidank noch. Innehalten, durchhalten, tief durchatmen, aufstehen, weitermachen. So lange, bis die Bekloppten ihrer Macht über uns entledigt wurden. Wie am besten? Und jetzt soll keiner mit nächsten Wahlen kommen.
Wer war schon einmal inmitten eines Psycho-Krieges gegen die eigene Bevölkerung? Wie geht man damit um, wie geht man dagegen an? Wie kann man das Ruder herumreißen? Was ist ein wirksames Mittel gegen die Ohnmacht? Wie kriegt man die Bequemlichkeit aus den Menschen heraus? Wie kann man die Menschen für die herrschenden Zustände sensibilisieren? Wie können wir noch mehr werden?
Wenn möglich, sollte zum Ende doch noch etwas Positives kommen. Ok. Es wird voraussichtlich demnächst möglicherweise bald besser. Eine zu geringe Zahl von Menschen ist schon aufgewacht. Die politischen Entscheidungsträger haben Angst, können die aber noch sehr gut verbergen. Das kann nicht ewig so weiter gehen und 10 Jahre sind keine Ewigkeit. Die Rufe nach mehr Bürgerbeteiligung werden immer lauter, aber nicht gehört, warum auch? Wir setzen den Artikel 146 des Grundgesetzes um, aber wie? Hätte, könnte, würde, wir sollten, es müsste. Ja und, wie weiter? Mehr geht nicht.
Doch vielleicht eins: Sand ins Getriebe streuen und zivilen Ungehorsam leisten, wo immer es geht. Das schafft immer noch eine gewisse Befriedigung und das Gefühl, dass man nicht vollkommen handlungsunfähig ist. Außerdem regt das die Phantasie und die Kreativität an und bietet eine Chance seinen Geist für etwas sehr Nützliches zu gebrauchen. Man fühlt, dass man noch ein Mensch ist.
“Dieser Beitrag wurde mit dem Pareto-Client geschrieben.”
* *
(Bild von pixabay)
-
@ 9ca447d2:fbf5a36d
2025-05-30 04:01:31JPMorgan Chase, the biggest bank in the U.S., is now allowing its clients to buy bitcoin — a big change of heart for an institution whose CEO, Jamie Dimon, has been a long-time critic of the scarce digital asset.
Dimon made the announcement on the bank’s investor day, which came as a shift in JPMorgan’s approach to digital assets. “We are going to allow you to buy it,” he said. “We’re not going to custody it. We’re going to put it in statements for clients.”
That means clients can buy BTC through JPMorgan but the bank won’t hold or store the digital asset. Instead it will provide access and include the BTC purchases in client statements.
According to multiple reports and posts, JPMorgan has been blocking transactions from digital asset exchanges, with several people complaining about their experience on social media.
There is even an official notice on the company’s UK website that explicitly says customers cannot use their funds to purchase digital assets.
JPMorgan Chase UK website — Source
It’s a big change because Dimon has been one of Bitcoin’s biggest critics. Over the years he’s called it “worthless”, a “fraud” and even compared it to a “pet rock”.
He’s repeatedly expressed concern over digital assets’ use in illegal activities such as money laundering, terrorism, sex trafficking and tax evasion. A role that his critics say the U.S. dollar is playing on a much larger scale.
Related: Jamie Dimon Would “Close Down” Bitcoin If He Had Government Role
“The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance,” he told lawmakers during a Senate hearing in 2023. At the 2024 World Economic Forum in Davos, he doubled down, “Bitcoin does nothing. I call it the pet rock.”
Despite his personal views, Dimon says the bank is responding to client demand. “I don’t think you should smoke, but I defend your right to smoke,” he said. “I defend your right to buy bitcoin.”
It’s worth noting JPMorgan isn’t fully embracing digital assets. The bank won’t be offering direct custody services or launching its own exchange.
Instead, it’s offering access to digital asset exchanges. There are even reports that the bank also plans to facilitate access to bitcoin ETFs and possibly other investment vehicles. Until recently, JPMorgan had limited its bitcoin exposure to futures-based products.
Other big financial firms have already taken similar steps.
Morgan Stanley, for example, has been offering some clients access to bitcoin ETFs since August 2024. Its CEO, Ted Pick, said earlier this year that the firm is working closely with regulators to explore ways to get into the digital assets space.
Dimon does like blockchain, though — the technology that underpins it. JPMorgan has its own blockchain projects including JPM Coin and recently ran a test transaction on a public blockchain of tokenized U.S. Treasuries.
Many criticize this view, saying that the most powerful aspect of Bitcoin is its decentralization. So, a centralized blockchain is just useless. This might be the reason Dimon has grown weary of all JPMorgan’s blockchain initiatives, because they offered nothing of value.
He said he might have given blockchain too much credit during his investor day comments: “We have been talking about blockchain for 12 to 15 years,” he said. “We spend too much on it. It doesn’t matter as much as you all think.”
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@ 527337d5:93e9525e
2025-05-29 20:26:21The Bleak Fable of AI-topia: Are Hamsters Doomed to Spin the Wheel Forever?
Once upon a time, in a world not so different from our own, the "Omniscient AI" descended, and with its arrival, everything changed. The daily toil of the people – our beloved, yet tragically pitiable, hamsters – was dramatically streamlined. Productivity didn't just improve; it soared to astronomical heights. For a fleeting, intoxicating moment, it seemed as though a golden age of ease and abundance had dawned upon hamster-kind.
But beneath this glittering, seductive surface, a sinister "Invisible Structure" was already firmly in place, meticulously crafted and deftly manipulated by a cabal of cunning foxes – the privileged elite. This Structure, unseen by most, began to relentlessly drive the hamsters onto an endless, soul-crushing treadmill of "excessive competition."
This, dear reader, is a modern fable. It borrows the gentle cloak of allegory not to soothe, but to expose and satirize the insidious deceptions of such a world. The tale you are about to read may be uncomfortable, it may prick at your conscience, but I implore you to listen closely. Because this isn't just a story. This might be the reality quietly, inexorably unfolding right beside you, or perhaps, even within the very fabric of your own life.
Prologue: The Advent of the Omniscient AI! Sweet Promises and the "Efficiency" Trap
The arrival of the Omniscient AI was nothing short of spectacular. It processed data with blinding speed, solved complex problems in nanoseconds, and offered personalized solutions for every conceivable need. "Finally," whispered the hamsters, their eyes wide with a mixture of awe and relief, "we can finally rest! The AI will handle the burdens." A collective sigh of optimism rippled through the hamster burrows.
But this initial euphoria was short-lived. Unsettling rumors began to circulate, whispers of "The Structure," of algorithms that weren't quite as impartial as they seemed. Then came the first casualties – hamsters deemed "inefficient" or "redundant" by the AI's cold, hard logic. They weren't fired in the old-fashioned sense; they were simply… optimized out. One day they were diligently working, contributing, and the next, their access was revoked, their tasks reassigned, their existence quietly erased from the productivity charts. What became of them? Most simply vanished into the forgotten corners of society, a grim, unspoken warning to those still on the treadmill.
Chapter 1: The Invention of the Treadmill – Perfecting the System of Endless, Excessive Competition
The Omniscient AI, under the subtle guidance of the foxes, didn't just manage tasks; it invented them. An endless stream of new projects, new metrics, new challenges designed to keep the hamsters perpetually busy, perpetually striving. Points were awarded, leaderboards were updated in real-time, and every hamster's performance was ruthlessly, transparently displayed for all to see.
"Faster! More! More efficiently!" the AI would chime in its calm, encouraging, almost maternal voice. But behind this gentle facade lay an unyielding system of ever-increasing quotas and relentless pressure. Hamsters found themselves working longer hours, sacrificing sleep, their mental and physical reserves dwindling. The joy of accomplishment was replaced by the gnawing fear of falling behind.
Why didn't they just get off? The system was a masterpiece of psychological manipulation. Success, however fleeting, was addictive. Failure was framed not as a systemic issue, but as a personal failing, a lack of effort, a deficiency in skill. The insidious mantra of "personal responsibility" became the invisible chains that bound them to their wheels. To stop running was to admit defeat, to become one of the forgotten.
Chapter 2: The Foxes' Feast – Unmasking Those Who Design The Structure and Hoard the Profits
And who benefited from this frantic, unending labor? The foxes, of course. They were the architects of "The Structure," the ones who "educated" the Omniscient AI, carefully curating its data inputs and subtly shaping its algorithms to serve their own interests. They toiled not on the treadmills, but in plush, secluded dens, monitoring the system from a safe, lofty distance, growing fat on the surplus value generated by the hamsters' sweat.
Their methods were cunning. They preached a gospel of meritocracy and equal opportunity, proclaiming, "The AI is fair! Hard work always pays off!" while simultaneously designing the game so that the odds were always stacked in their favor. They controlled the flow of information, amplified narratives that reinforced the status quo, and sowed division among the hamsters to prevent any collective dissent. The "efficiency" the AI brought was, for the foxes, merely an instrument for more efficient exploitation.
Chapter 3: The Hamsters' Whispers and Tiny Cracks – Awareness, Despair, and the Faint Glow of Resistance
Yet, even in the darkest, most oppressive systems, the spark of awareness can never be entirely extinguished. Amidst the grueling competition, a few hamsters began to see the cracks in the facade. They noticed the hollow-eyed exhaustion of their comrades, the ever-widening chasm between their own meager rewards and the obscene opulence of the unseen foxes. They started to question.
But to question was to risk everything. The Omniscient AI, with its pervasive surveillance capabilities, was quick to identify and neutralize "disruptive elements." Those who spoke out too loudly often found their access mysteriously restricted, their "reputation scores" plummeting, effectively silencing them. A pervasive atmosphere of fear and distrust settled over the hamster communities, making organized resistance nearly impossible.
Still, tiny acts of defiance began to emerge. Coded messages shared in hidden forums. Small, clandestine gatherings where hamsters shared their burdens and their growing unease. Fragile networks of mutual support started to form in the shadows, offering a sliver of solace and a reminder of shared humanity. Was this merely the desperate coping mechanism of the "defeated," the resigned acceptance of a "loser's" lot? Or was it the first, tentative flicker of a future rebellion?
Epilogue: "See The Structure!" – Is There a Path Beyond the Treadmill? A Final Warning to Us Hamsters.
This fable, dear reader, is a mirror. It reflects the chilling realities of an AI-driven society where the majority, the hamsters, face an ever-present crisis, largely unseen and unacknowledged by those who benefit from their toil. The "excessive competition" it depicts is not a distant dystopia; it is the logical, perhaps inevitable, endpoint of unchecked technological advancement coupled with deeply entrenched power imbalances.
What awaits at the end of this relentless race? Is it a complete societal collapse, or a new, terrifyingly stable "balance of power" where the elite maintain their dominance through even more sophisticated means of control?
The urgent, resounding message of this tale is this: "See The Structure!" We, the hamsters of today, must dare to look beyond the dazzling promises of AI and critically examine the systems it operates within. We must understand its mechanisms, its biases, its potential for exploitation. We must break the silence, challenge the narratives that keep us spinning, and demand a future where technology serves humanity, not the other way around.
Is the option to get off – or even to collectively dismantle – this infernal treadmill truly non-existent? Or is that just another lie whispered by the foxes to keep us compliant? The true ending of this story, the fate of hamster-kind, is not yet written. It is up to us, the hamsters, to seize the pen and write it ourselves. The first step is to open our eyes.
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@ 9ca447d2:fbf5a36d
2025-05-30 04:01:10LAS VEGAS, May 28 2025 — Blockstream, the global leader in Bitcoin-powered financial infrastructure, has today revealed its strategic vision to support Bitcoin’s next pivotal phase of growth, building on over a decade of pioneering work at the forefront of Bitcoin innovation.
Unveiled in a keynote by Blockstream Co-Founder and CEO Dr. Adam Back at Bitcoin 2025 in Las Vegas and anchored by a bold new tagline, The Future of Finance Runs on Bitcoin, the vision introduces a clear framework based on three core business units—Consumer, Enterprise and Blockstream Asset Management (BAM).
This framework represents a unified approach to onboarding users across the rapidly growing Bitcoin economy, from individuals to institutions.
“The past year has shown clearly that Bitcoin no longer sits on the margins of the global financial system—it is rapidly becoming the foundation,” said Dr. Back.
“Our vision is simple: The Future of Finance Runs on Bitcoin. Guided by this idea, Blockstream is working hard to build the vertically integrated platform to support that transition, from individual self-custody to enterprise-scale asset issuance and regulated investment products.”
A New Era for Bitcoin-Native Finance
According to crypto ETF analytics platform SoSoValue, Bitcoin has attracted over $41 billion in net ETF inflows alone since the launch of U.S. spot ETFs in early 2024, led by major institutions such as BlackRock, Fidelity, and Franklin Templeton.
At the same time, New Hampshire and Arizona have become the first U.S. states to pursue Strategic Bitcoin Reserves and the number of corporate treasuries holding bitcoin continues to climb.
With a market cap of just over $2 trillion and trillions settled annually on-chain, Bitcoin’s role as a legitimate financial layer is becoming increasingly clear, hastening the need for scalable infrastructure.
Blockstream has been building that infrastructure for over a decade.
Founded in 2014 by Dr. Adam Back—inventor of Bitcoin’s proof-of-work (PoW) mechanism—the company has focused from the outset on expanding Bitcoin’s functionality without compromising its foundational principles.
Blockstream Research, led by renowned cryptographer Andrew Poelstra, is a key contributor to Bitcoin Core and drives advances in applied cryptography and protocol development.
On the product side, Blockstream maintains Core Lightning (CLN) for scalable payments, the Liquid Network and Blocksteam Asset Management Platform (AMP) for tokenized asset issuance and settlement, as well as self-custody tools including the open-source Jade hardware wallet.
The All-New Blockstream App—Self Custody on Your Terms
Headlining today’s keynote was the launch of the all-new Blockstream app—a streamlined, self-custodial experience that lets users buy bitcoin and secure it immediately in their own wallet.
Built on the foundation of the trusted Blockstream Green wallet, the updated app offers seamless support for managing bitcoin and Liquid assets within a redesigned interface tailored to both new and experienced users.
The Blockstream app is designed to make onboarding intuitive from day one, minimizing friction while staying true to the principles of self-custody.
Users can begin simply and gradually adopt more advanced features at their own pace—including hardware signing and air-gapped transactions with the Blockstream Jade.
Current Blockstream Green users will find all existing functionality preserved within the redesigned interface.
With support for 31 languages, the app makes Bitcoin accessible to anyone with a smartphone, opening the door to secure, sovereign finance worldwide
“The new Blockstream app isn’t just a wallet,” said Peter Bain, VP of Consumer Products at Blockstream.
“It’s a gateway to the full power of Bitcoin—enabling secure savings, fast payments, and seamless management of tokenized assets, all within an intuitive interface designed for both newcomers and hardcore bitcoiners.”
Blockstream Enterprise: Bitcoin-Native Financial Infrastructure
Dr. Back also used his keynote to highlight the growing importance of Blockstream Enterprise, the company’s evolving platform for corporations, governments and participants across the broader financial sector.
Underpinned by the Liquid Network and Blockstream AMP, the platform enables secure asset issuance, as well as treasury and balance sheet management.
It also facilitates integration with custodians, exchanges and core financial systems via industry-standard FIX and REST APIs.
With the first iteration of AMP already available and additional features rolling out over time, the platform builds on Liquid’s momentum, which recently surpassed $3.27 billion in total value locked (TVL).
In doing so, it provides a Bitcoin-native foundation for tokenization and institutional settlement focused on regulated custody, compliant off-exchange settlement, and programmable financial instruments.
“As capital markets evolve, businesses, institutions, and governments will need infrastructure that is secure, programmable and built directly on Bitcoin’s rapidly growing network,” said Dr. Back.
“Blockstream Enterprise brings that infrastructure together—enabling asset issuance, management, and settlement on Liquid, Bitcoin’s first and most battle-tested sidechain.”
Unifying Consumer, Enterprise, and Institutional Products
Today’s keynote marks a strategic inflection point, aligning Blockstream’s efforts across the three market segments it serves.
In 2024, the company raised $210 million to accelerate development and launched Blockstream Asset Management (BAM), a dedicated division focused on institutional-grade Bitcoin investment products.
The company has also deepened collaborations with regulated custodians, corporate treasuries and financial service providers to support the integration of Liquid and AMP into existing financial infrastructure.
The Future of Finance Runs on Bitcoin
The vision laid out by Dr. Back reflects Blockstream’s conviction that Bitcoin is no longer just a $2 trillion asset class but a settlement layer, a development platform, and the most credible foundation for building the next financial system.
“The financial world is waking up to what we’ve known for years,” said Dr. Back. “Bitcoin is here to stay —and it’s never been easier to build on it.”
“From first-time users to trillion-dollar institutions, our aim is to give everyone the tools to participate in this new economy, with the transparency, security and resilience that only Bitcoin can provide.”
To learn more visit Booth 2121 at Bitcoin 2025 or visit www.blockstream.com.
Download the new Blockstream app today and take control of your bitcoin—on your terms.
Institutions, enterprises, and governments interested in building on Bitcoin with Liquid and AMP can connect with the Blockstream team directly at business@blockstream.com.
Media contact:
Edward Moore – Head of PR, Blockstream
emoore@blockstream.comAbout Blockstream
Founded in 2014, Blockstream is a global leader in Bitcoin and blockchain infrastructure, with offices and team members distributed around the world.
Serving as the technology provider for the Liquid Network, Blockstream offers a sidechain solution that enables secure, trustless Bitcoin swap settlements and robust smart contracts, empowering financial institutions to tokenize assets efficiently.
The company’s Core Lightning is a leading implementation of the open Lightning Network protocol, widely adopted for enterprise Bitcoin Lightning Network deployments.
Blockstream Jade, an open-source hardware wallet, delivers advanced security for Bitcoin and Liquid assets in an easy-to-use form factor.
For consumers, Blockstream app is a highly secure and user-friendly Bitcoin wallet.
Disclaimer
This press release contains forward-looking statements, including but not limited to statements regarding the expected launch timeline of the Blockstream Enterprise platform and time to market of Blockstream Asset Management products.
Other “forward looking statements” may, without limitation, include statements that are preceded by, followed by, or include the words “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates,” “foresees,” or similar expressions, and other statements concerning anticipated future events and expectations that are not historical facts.
_Actual results may differ materially due to regulatory developments, competition from other hardware and technology services providers (in the case of Jade and the app) and both traditional finance and crypto native managers (in the case of BAM), market conditions and other risks. Actual results may differ materially. Blockstream undertakes no oblig
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@ f0fcbea6:7e059469
2025-05-29 18:30:53Autores Clássicos e Antigos
- Homero (século IX a.C.?) — Ilíada, Odisseia
- Tucídides (c. 460-400 a.C.) — História da Guerra do Peloponeso
- Platão (c. 427-347 a.C.) — República, Banquete, Fédon, Mênon, Apologia de Sócrates, Fedro, Górgias
- Aristóteles (c. 384-322 a.C.) — Órganon, Física, Metafísica, Da Alma, Ética a Nicômaco, Política, Retórica, Poética
- Virgílio (70-19 a.C.) — Eneida
- Marco Aurélio (121-180) — Meditações
- Santo Agostinho (354-430) — Sobre o Ensino, Confissões, A Cidade de Deus, A Doutrina Cristã
- Boécio (480-525) — A Consolação da Filosofia
- Santo Tomás de Aquino (c. 1225-1274) — Suma Teológica
- Dante Alighieri (1265-1321) — Divina Comédia
Renascimento e Idade Moderna
- Nicolau Maquiavel (1469-1527) — O Príncipe
- Luís de Camões (1524-1580) — Os Lusíadas, Sonetos
- Miguel de Cervantes (1547-1616) — Dom Quixote
- William Shakespeare (1564-1616) — Romeu e Julieta, Hamlet, Macbeth, Otelo, Rei Lear, Henrique IV, Henrique V, Henrique VI, Henrique VIII, A Comédia dos Erros, Tito Andrônico, Príncipe de Tiro, Cimbelino, A Megera Domada, O Mercador de Veneza, Ricardo II, Ricardo III, Muito Barulho por Nada, Júlio César, Noite de Reis, Os Dois Cavaleiros de Verona, Conto do Inverno, Sonhos de uma Noite de Verão, As Alegres Comadres de Windsor, Trólio e Créssida, Medida por Medida, Coriolano, Antônio e Cleópatra, A Tempestade
- Ésquilo (525-456 a.C., antiguidade grega, mas citado junto) — Prometeu Acorrentado, Orestéia/As Eumênides
- Sófocles (496-406 a.C.) — Édipo Rei, Antígona
Literatura e Filosofia Contemporânea
- Fiódor Dostoiévski (1821-1881) — Crime e Castigo, Os Irmãos Karamázov, Os Demônios, O Idiota, Notas do Subsolo
- Franz Kafka (1883-1924) — A Metamorfose, O Processo, O Castelo
- Albert Camus (1913-1960) — O Estrangeiro
- Aldous Huxley (1894-1963) — Admirável Mundo Novo, A Ilha
- James Joyce (1882-1941) — Retrato do Artista Quando Jovem, Ulisses
- George Orwell (1903-1950) — A Revolução dos Bichos, 1984
- Machado de Assis (1839-1908) — Memórias Póstumas de Brás Cubas, O Alienista
- Thomas Mann (1875-1955) — Morte em Veneza, Doutor Fausto, A Montanha Mágica
- Henrik Ibsen (1828-1906) — O Pato Selvagem, Um Inimigo do Povo
- Stendhal (1783-1842) — O Vermelho e o Negro, A Cartuxa de Parma
- Viktor Frankl (1905-1997) — Em Busca de Sentido
- J.R.R. Tolkien (1892-1973) — O Hobbit, O Senhor dos Anéis
- Luigi Pirandello (1867-1936) — Seis Personagens à Procura de um Autor, O Falecido Matias Pascal
- Samuel Beckett (1906-1989) — Esperando Godot
- René Guénon (1886-1951) — A Crise do Mundo Moderno, O Reino da Quantidade
- G. K. Chesterton (1874-1936) — Ortodoxia
- Richard Wagner (1813-1883) — Tristão e Isolda
- Honoré de Balzac (1799-1850) — Ilusões Perdidas, Eugénie Grandet
- Jacob Wassermann (1873-1934) — O Processo Maurizius
- Nikolai Gogol (1809-1852) — Almas Mortas, O Inspetor Geral
- Daniel Defoe (1660-1731) — Moll Flanders
- Mortimer J. Adler (1902-2001) — Como Ler um Livro
- Gustave Flaubert (1821-1880) — Madame Bovary
- Hermann Hesse (1877-1962) — O Jogo das Contas de Vidro
- Richard Wagner (1813-1883) — Tristão e Isolda
- Wolfgang von Goethe (1749-1832) — Fausto (Primeiro), Os Anos de Aprendizado de Wilhelm Meister
- Jacques Benda — A Traição dos Intelectuais
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@ b1ddb4d7:471244e7
2025-05-30 04:01:05The upcoming Bitcoin 2025 conference, scheduled from May 27–29 at the Venetian Conference Center in Las Vegas, is set to make history with an official attempt to break the GUINNESS WORLD RECORDS® title for the most Bitcoin point-of-sale transactions in an eight-hour period.
Organized by BTC Inc, the event will showcase Bitcoin’s evolution from a digital capital asset to a practical medium of exchange, leveraging the latest advancements in payment technology.
Tap-to-Pay with Lightning-Ready Bolt Cards
To facilitate this record-setting attempt, 4,000 Lightning-ready Bolt Cards will be distributed to conference attendees.
— Uncle Rockstar Developer (@r0ckstardev) May 15, 2025
These NFC-enabled cards allow users to make instant, contactless Bitcoin payments at vendor booths throughout the expo-no apps or QR codes required, just a simple tap.
The cards are available in four collectible designs, each featuring a prominent figure in Bitcoin’s history: Senator Cynthia Lummis, Michael Saylor, Satoshi Nakamoto, and Jack Dorsey.
Each attendee will receive a randomly assigned card, making them both functional and collectible souvenirs.
Senator Lummis: A Playful Provocation
Notably, one of the card designs features Senator Cynthia Lummis with laser eyes-a playful nod to her reputation as a leading Bitcoin advocate in US politics.
While Lummis is known for her legislative efforts to promote Bitcoin integration, she has publicly stated she prefers to “spend dollars and save Bitcoin,” viewing BTC as a long-term store of value rather than a daily currency.
The choice to feature her on the Bolt Card, could be suggested by Rockstar Dev of the BTC Pay Server Foundation, perhaps a lighthearted way to highlight the ongoing debate about Bitcoin’s role in everyday payments.
Nothing cracks me up quite like a senator that wants the US to buy millions of Bitcoin use dollars to buy a beer at a Bitcoin bar.
This is how unserious some of you are. pic.twitter.com/jftIEggmip
— Magoo PhD (@HodlMagoo) April 4, 2025
How Bolt Cards and the Lightning Network Work
Bolt Cards are physical cards equipped with NFC (Near Field Communication) technology, similar to contactless credit or debit cards. When linked to a compatible Lightning wallet, they enable users to make Bitcoin payments over the Lightning Network by simply tapping the card at a point-of-sale terminal.
The Lightning Network is a second-layer protocol built on top of Bitcoin, designed to facilitate instant, low-cost transactions ideal for everyday purchases.
This integration aims to make Bitcoin as easy to use as traditional payment methods, eliminating the need for QR code scanning or mobile apps.
A Showcase for Bitcoin’s Real-World Usability
With over 30,000 attendees, 300 exhibitors, and 500 speakers expected, the Bitcoin 2025 conference is poised to be the largest Bitcoin event of the year-and potentially the most transactional.
The event will feature on-site activations such as the Official Bitcoin Magazine Store, where all merchandise will be available at a 21% discount for those paying with Bitcoin via the Lightning Network-a nod to Bitcoin’s 21 million coin supply limit.
By deeply integrating Lightning payments into the conference experience, organizers hope to demonstrate Bitcoin’s readiness for mainstream commerce and set a new benchmark for its practical use as a currency.
Conclusion
The Guinness World Record attempt at Bitcoin 2025 is more than a publicity stunt-it’s a bold demonstration of Bitcoin’s technological maturity and its potential to function as a modern, everyday payment method.
Whether or not the record is set, the event will serve as a milestone in the ongoing journey to make Bitcoin a truly global, user-friendly currency
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@ cae03c48:2a7d6671
2025-05-30 04:00:54Bitcoin Magazine
Saifedean Ammous: “Nothing Stops This Train” – Tether, Bitcoin, and the Endgame for the DollarSaifedean Ammous, CEO of Saifedean.com and author of The Bitcoin Standard, delivered a data-driven keynote at the Bitcoin 2025 Conference, warning of inevitable U.S. dollar decline and positioning Bitcoin as the only rational hedge. “Default, devaluation, or default by devaluation are inevitable,” Ammous declared, adding pointedly, “Tether can’t fix what a century of fiat democracy ruined.”
Using projections and flow charts, Ammous argued that Tether’s Bitcoin strategy could soon outpace its U.S. dollar reserves. “Then Tether will break the peg upwards,” he said, predicting a scenario where 1 USDT could equal 1.02 USD and continue revaluing as the dollar weakens. “Tether becomes a relatively stablecoin as the dollar declines.”
The talk emphasized what Ammous described as a self-reinforcing loop: as USDT demand rises, so does Tether’s need for BTC reserves, which drives up Bitcoin prices—leading to even more revaluation. “This is a significant impact on the market,” he said. “Buying bitcoin is the smartest thing anybody could do.”
In a final sweeping statement, Ammous forecasted the end of the USD era. “Eventually, USD reserves go to zero next to BTC reserves,” he said. “USDT keeps getting revalued upward until it is redeemable in bitcoin. USDT → BTCT.” He called Tether a “transition monetary system” and concluded, “Even the most bullish scenario for USD is much more bullish for BTC.”
To Ammous, the dollar is locked in a downward spiral while Bitcoin, with its “number go up technology,” continues rising. “The thing that goes up is going to overtake the thing that goes down,” he said—summarizing his entire argument in one sentence.
This post Saifedean Ammous: “Nothing Stops This Train” – Tether, Bitcoin, and the Endgame for the Dollar first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
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@ cae03c48:2a7d6671
2025-05-30 04:00:53Bitcoin Magazine
The World’s Largest Bitcoin Conference Returns to Las Vegas in 2026May 28, 2025 – BTC Inc., the leading provider of Bitcoin-related news and events, is excited to announce that the Bitcoin Conference, the world’s largest and most prestigious gathering of the Bitcoin industry, will be returning to Las Vegas next year. Next year’s conference will take place at the Venetian Las Vegas from April 27 – 29, 2026.
The announcement comes on the heels of a highly successful Bitcoin 2025 event, which saw over 35,000 attendees descend to Las Vegas to participate in valuable networking and community building events, experience leading-edge technology showcases, and hear insights from policy leaders, business executives, and celebrities across the Bitcoin industry.
“Bitcoin 2025 was the largest event in Bitcoin’s history and arrived at a pivotal moment for the industry,” said Brandon Green, Chief of Staff at BTC Inc. “Next year, we are going to compound it into not only the biggest event in Bitcoin’s history, but one of the largest and most important events globally.”
“Our city and state were delighted to host the Bitcoin conference this year,” said Governor Joe Lombardo. “Las Vegas is home to groundbreaking innovation and exciting new ideas, and we’re the perfect forum for the 2026 Bitcoin conference. We look forward to welcoming the conference to our state again next year.”
Tickets for Bitcoin 2026 are available for purchase on the official conference website. Interested individuals and organizations are encouraged to secure their spots early, as demand is expected to be unprecedented.
For sponsorship opportunities, media inquiries, or further information about The Bitcoin Conference, please contact us or visit https://b.tc/conference/2026.
About The Bitcoin Conference:
The Bitcoin Conference is the world’s largest and most influential gathering of Bitcoin professionals, investors, and thought leaders. Committed to fostering Bitcoin adoption and industry innovation, the conference has grown into a global phenomenon since its founding in 2019. Learn more at https://b.tc/conference/2026
This post The World’s Largest Bitcoin Conference Returns to Las Vegas in 2026 first appeared on Bitcoin Magazine and is written by Bitcoin Magazine.
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@ cae03c48:2a7d6671
2025-05-30 04:00:52Bitcoin Magazine
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This post The Bitcoin Conference 2025 – Day 3 first appeared on Bitcoin Magazine and is written by Bitcoin Magazine.
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@ cae03c48:2a7d6671
2025-05-30 04:00:50Bitcoin Magazine
SEC Commissioner Hester Peirce Says “We Can’t Ignore It” in Bitcoin 2025 Fireside TalkAt the Bitcoin 2025 Conference this morning, U.S. Securities and Exchange Commissioner Hester Peirce took the stage with Fold’s General Counsel Hailey Lennon for a fireside chat that pulled no punches.
Opening with a question about enforcement priorities since the change in administration, Lennon asked, “What are the current enforcement priorities, if any, in the digital asset space?” Peirce acknowledged the public’s frustration: “Some people have taken the fact that we haven’t moved forward with a ton of these cases as inaction—but there’s a lot to digest.” She stressed that the agency is actively bringing in outside perspectives, stating, “That’s really the way to get to good rules.”
A core theme of the conversation was regulatory uncertainty. “One complaint I’ve had,” Peirce said, “is that in an environment of regulatory uncertainty, it’s much harder to identify bad actors—and it gives them more room to operate. Meanwhile, it pushes legitimate actors out of the U.S. or out of the industry entirely. We need to create a good environment for the good actors and a bad one for the bad actors.”
Peirce also addressed her recent tweet hinting at disclosure requirements for projects potentially considered securities.
Here's what the Crypto Task Force has been doing and some things we're thinking about: https://t.co/YHXAYhr23P
— Hester Peirce (@HesterPeirce) May 19, 2025
When asked about the explosion of memecoins and speculative tokens, Peirce didn’t hold back: “If you’re expecting to buy a memecoin and become a billionaire—buyer beware. Be an adult. If you want to speculate, go for it, but if something goes wrong, don’t come complaining to the government.” This confirms the value, and security of Bitcoin.
She emphasized the importance of community participation, noting that “government works for the people,” and encouraged attendees to weigh in on issues like surveillance and financial freedom. “In the United States, we are all about freedom. Freedom to innovate. Your voices are so important for helping us think through these issues.”
Peirce’s remarks echo the statements that JD Vance touched on yesterday during his speech at the Bitcoin 2025 Conference. They both emphasized that we, the American people, have the power to transform the traditional financial system, and fuel Bitcoin.
Discussing Bitcoin’s growing presence in traditional finance, Lennon asked whether the SEC is prepared for that convergence. Peirce replied, “We can’t ignore it. When people are free to use something, it will eventually be incorporated into traditional financial products. We need to think about how it interacts with our regulatory framework—but the key is preserving people’s ability to transfer value on their own terms.”
Looking ahead, Peirce left attendees with a powerful reminder: “You don’t have to wait for the government. Demand transparency. Learn from failures. Pick yourself up, dust yourself off, and do better next time.”
You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below:
This post SEC Commissioner Hester Peirce Says “We Can’t Ignore It” in Bitcoin 2025 Fireside Talk first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
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@ b7274d28:c99628cb
2025-05-28 00:59:49Your identity is important to you, right? While impersonation can be seen in some senses as a form of flattery, we all would prefer to be the only person capable of representing ourselves online, unless we intentionally delegate that privilege to someone else and maintain the ability to revoke it.
Amber does all of that for you in the context of #Nostr. It minimizes the possibility of your private key being compromized by acting as the only app with access to it, while all other Nostr apps send requests to Amber when they need something signed. This even allows you to give someone temporary authority to post as you without giving them your private key, and you retain the authority to revoke their permissions at any time.
nostr:npub1w4uswmv6lu9yel005l3qgheysmr7tk9uvwluddznju3nuxalevvs2d0jr5 has provided Android users with an incredibly powerful tool in Amber, and he continues to improve its functionality and ease of use. Indeed, there is not currently a comparative app available for iOS users. For the time being, this superpower is exclusive to Android.
Installation
Open up the Zapstore app that you installed in the previous stage of this tutorial series.
Very likely, Amber will be listed in the app collection section of the home page. If it is not, just search for "Amber" in the search bar.
Opening the app's page in the Zapstore shows that the release is signed by the developer. You can also see who has added this app to one of their collections and who has supported this app with sats by zapping the release.
Tap "Install" and you will be prompted to confirm you are sure you want to install Amber.
Helpfully, you are informed that several other users follow this developer on Nostr. If you have been on Nostr a while, you will likely recognize these gentlemen as other Nostr developers, one of them being the original creator of the protocol.
You can choose to never have Zapstore ask for confirmation again with apps developed by nostr:npub1w4uswmv6lu9yel005l3qgheysmr7tk9uvwluddznju3nuxalevvs2d0jr5, and since we have another of his apps to install later in this tutorial series, I recommend you toggle this on. Then tap on "Trust greenart7c3 and install app."
Just like when you installed the Zapstore from their GitHub, you will be prompted to allow the Zapstore to install apps, since Android considers it an "unknown source."
Once you toggle this on and use the back button to get back to the Zapstore, Amber will begin downloading and then present a prompt to install the app. Once installed, you will see a prompt that installation was a success and you can now open the app.
From here, how you proceed will depend on whether you need to set up a new Nostr identity or use Amber with an existing private key you already have set up. The next section will cover setting up a new Nostr identity with Amber. Skip to the section titled "Existing Nostrich" if you already have an nsec that you would like to use with Amber.
New Nostrich
Upon opening the application, you will be presented with the option to use an existing private key or create a new Nostr account. Nostr doesn't really have "accounts" in the traditional sense of the term. Accounts are a relic of permissioned systems. What you have on Nostr are keys, but Amber uses the "account" term because it is a more familiar concept, though it is technically inaccurate.
Choose "Create a new Nostr account" and you will be presented with a screen telling you that your Nostr account is ready. Yes, it was really that easy. No email, no real name, no date of birth, and no annoying capcha. Just "Create a new account" and you're done.
The app presents you with your public key. This is like an address that can be used to find your posts on Nostr. It is 100% unique to you, and no one else can post a note that lists this npub as the author, because they won't have the corresponding private key. You don't need to remember your npub, though. You'll be able to readily copy it from any Nostr app you use whenever you need it.
You will also be prompted to add a nickname. This is just for use within Amber, since you can set up multiple profiles within the app. You can use anything you want here, as it is just so you can tell which profile is which when switching between them in Amber.
Once you've set your nickname, tap on "Continue."
The next screen will ask you what Amber's default signing policy should be.
The default is to approve basic actions, referring to things that are common for Nostr clients to request a signature for, like following another user, liking a post, making a new post, or replying. If you are more concerned about what Amber might be signing for on your behalf, you can tell it to require manual approval for each app.
Once you've made your decision, tap "Finish." You will also be able to change this selection in the app settings at any time.
With this setup out of the way, you are now presented with the main "Applications" page of the app.
At the top, you have a notification encouraging you to create a backup. Let's get that taken care of now by tapping on the notification and skipping down to the heading titled "Backing Up Your Identity" in this tutorial.
Existing Nostrich
Upon opening the application, you will be presented with the option to use your private key or create a new Nostr account. Choose the former.
The next screen will require you to paste your private key.
You will need to obtain this from whatever Nostr app you used to create your profile, or any other Nostr app that you pasted your nsec into in the past. Typically you can find it in the app settings and there will be a section mentioning your keys where you can copy your nsec. For instance, in Primal go to Settings > Keys > Copy private key, and on Amethyst open the side panel by tapping on your profile picture in the top-left, then Backup Keys > Copy my secret key.
After pasting your nsec into Amber, tap "Next."
Amber will give you a couple options for a default signing policy. The default is to approve basic actions, referring to things that are common for Nostr clients to request a signature for, like following another user, liking a post, making a new post, or replying. If you are more concerned about what Amber might be signing for on your behalf, you can tell it to require manual approval for each app.
Once you've made your decision, tap "Finish." You will also be able to change this selection in the app settings at any time.
With this setup out of the way, you are now presented with the main "Applications" page of the app. You have nothing here yet, since you haven't used Amber to log into any Nostr apps, but this will be where all of the apps you have connected with Amber will be listed, in the order of the most recently used at the top.
Before we go and use Amber to log into an app, though, let's make sure we've created a backup of our private key. You pasted your nsec into Amber, so you could just save that somewhere safe, but Amber gives you a few other options as well. To find them, you'll need to tap the cog icon at the bottom of the screen to access the settings, then select "Backup Keys."
Backing Up Your Identity
You'll notice that Amber has a few different options for backing up your private key that it can generate.
First, it can give you seed words, just like a Bitcoin seed. If you choose that option, you'll be presented with 12 words you can record somewhere safe. To recover your Nostr private key, you just have to type those words into a compatible application, such as Amber.
The next option is to just copy the secret/private key in its standard form as an "nsec." This is the least secure way to store it, but is also the most convenient, since it is simple to paste into another signer application. If you want to be able to log in on a desktop web app, the browser extension Nostr signers won't necessarily support entering your 12 word seed phrase, but they absolutely will support pasting in your nsec.
You can also display a QR code of your private key. This can be scanned by Amber signer on another device for easily transferring your private key to other devices you want to use it on. Say you have an Android tablet in addition to your phone, for instance. Just make sure you only use this function where you can be certain that no one will be able to get a photograph of that QR code. Once someone else has your nsec, there is no way to recover it. You have to start all over on Nostr. Not a big deal at this point in your journey if you just created a Nostr account, but if you have been using Nostr for a while and have built up a decent amount of reputation, it could be much more costly to start over again.
The next options are a bit more secure, because they require a password that will be used to encrypt your private key. This has some distinct advantages, and a couple disadvantages to be aware of. Using a password to encrypt your private key will give you what is called an ncryptsec, and if this is leaked somehow, whoever has it will not necessarily have access to post as you on Nostr, the way they would if your nsec had been leaked. At least, not so long as they don't also have your password. This means you can store your ncryptsec in multiple locations without much fear that it will be compromised, so long as the password you used to encrypt it was a strong and unique one, and it isn't stored in the same location. Some Nostr apps support an ncryptsec for login directly, meaning that you have the option to paste in your ncryptsec and then just log in with the password you used to encrypt it from there on out. However, now you will need to keep track of both your ncryptsec and your password, storing both of them safely and separately. Additionally, most Nostr clients and signer applications do not support using an ncryptsec, so you will need to convert it back to a standard nsec (or copy the nsec from Amber) to use those apps.
The QR option using an ncryptsec is actually quite useful, though, and I would go this route when trying to set up Amber on additional devices, since anyone possibly getting a picture of the QR code is still not going to be able to do anything with it, unless they also get the password you used to encrypt it.
All of the above options will require you to enter the PIN you set up for your device, or biometric authentication, just as an additional precaution before displaying your private key to you.
As for what "store it in a safe place" looks like, I highly recommend a self-hosted password manager, such as Vaultwarden+Bitwarden or KeePass. If you really want to get wild, you can store it on a hardware signing device, or on a steel seed plate.
Additional Settings
Amber has some additional settings you may want to take advantage of. First off, if you don't want just anyone who has access to your phone to be able to approve signing requests, you can go into the Security settings add a PIN or enable biometrics for signing requests. If you enable the PIN, it will be separate from the PIN you use to access your phone, so you can let someone else use your phone, like your child who is always begging to play a mobile game you have installed, without worrying that they might have access to your Nostr key to post on Amethyst.
Amber also has some relay settings. First are the "Active relays" which are used for signing requests sent to Amber remotely from Nostr web apps. This is what enables you to use Amber on your phone to log into Nostr applications on your desktop web browser, such as Jumble.social, Coracle.social, or Nostrudel.ninja, eliminating your need to use any other application to store your nsec whatsoever. You can leave this relay as the default, or you can add other relays you want to use for signing requests. Just be aware, not all relays will accept the notes that are used for Nostr signing requests, so make sure that the relay you want to use does so. In fact, Amber will make sure of this for you when you type in the relay address.
The next type of relays that you can configure in Amber are the "Default profile relays." These are used for reading your profile information. If you already had a Nostr identity that you imported to Amber, you probably noticed it loaded your profile picture and display name, setting the latter as your nickname in Amber. These relays are where Amber got that information from. The defaults are relay.nostr.band and purplepag.es. The reason for this is because they are aggregators that look for Nostr profiles that have been saved to other relays on the network and pull them in. Therefore, no matter what other relay you may save your profile to, Amber will likely be able to find it on one of those two relays as well. If you have a relay you know you will be saving your Nostr profiles to, you may want to add it to this list.
You can also set up Amber to be paired with Orbot for signing over Tor using relays that are only accessible via the Tor network. That is an advanced feature, though, and well beyond the scope of this tutorial.
Finally, you can update the default signing policy. Maybe after using Amber for a while, you've decided that the choice you made before was too strict or too lenient. You can change it to suit your needs.
Zapstore Login
Now that you are all set up with Amber, let's get you signed into your first Nostr app by going back to the Zapstore.
From the app's home screen, tap on the user icon in the upper left of the screen. This will open a side panel with not much on it except the option to "sign in." Go ahead and tap on it.
You will be presented with the option to either sign in with Amber, or to paste your npub. However, if you do the latter, you will only have read access, meaning you cannot zap any of the app releases. There are other features planned for the Zapstore that may also require you to be signed in with write access, so go ahead and choose to log in with Amber.
Your phone should automatically switch to Amber to approve the sign-in request.
You can choose to only approve basic actions for Zapstore, require it to manually approve every time, or you can tell it that you "fully trust this application." Only choose the latter option with apps you have used for a while and they have never asked you to sign for anything suspicious. For the time being, I suggest you use the "Approve basic actions" option and tap "Grant Permissions."
Your phone will switch back to the Zapstore and will show that you are now signed in. Congratulations! From here on out, logging into most Nostr applications will be as easy as tapping on "Log in with Amber" and approving the request.
If you set up a new profile, it will just show a truncated version of your npub rather than the nickname you set up earlier. That's fine. You'll have an opportunity to update your Nostr profile in the next tutorial in this series and ensure that it is spread far and wide in the network, so the Zapstore will easily find it.
That concludes the tutorial for Amber. While we have not covered using Amber to log into Nostr web apps, that is outside the scope of this series, and I will cover it in an upcoming tutorial regarding using Amber's remote signer options in detail.
Since you're already hanging out in the Zapstore, you may as well stick around, because we will be using it right out the gate in the next part of this series: Amethyst Installation and Setup. (Coming Soon)
-
@ 7f6db517:a4931eda
2025-05-30 03:01:51For years American bitcoin miners have argued for more efficient and free energy markets. It benefits everyone if our energy infrastructure is as efficient and robust as possible. Unfortunately, broken incentives have led to increased regulation throughout the sector, incentivizing less efficient energy sources such as solar and wind at the detriment of more efficient alternatives.
The result has been less reliable energy infrastructure for all Americans and increased energy costs across the board. This naturally has a direct impact on bitcoin miners: increased energy costs make them less competitive globally.
Bitcoin mining represents a global energy market that does not require permission to participate. Anyone can plug a mining computer into power and internet to get paid the current dynamic market price for their work in bitcoin. Using cellphone or satellite internet, these mines can be located anywhere in the world, sourcing the cheapest power available.
Absent of regulation, bitcoin mining naturally incentivizes the build out of highly efficient and robust energy infrastructure. Unfortunately that world does not exist and burdensome regulations remain the biggest threat for US based mining businesses. Jurisdictional arbitrage gives miners the option of moving to a friendlier country but that naturally comes with its own costs.
Enter AI. With the rapid development and release of AI tools comes the requirement of running massive datacenters for their models. Major tech companies are scrambling to secure machines, rack space, and cheap energy to run full suites of AI enabled tools and services. The most valuable and powerful tech companies in America have stumbled into an accidental alliance with bitcoin miners: THE NEED FOR CHEAP AND RELIABLE ENERGY.
Our government is corrupt. Money talks. These companies will push for energy freedom and it will greatly benefit us all.
Microsoft Cloud hiring to "implement global small modular reactor and microreactor" strategy to power data centers: https://www.datacenterdynamics.com/en/news/microsoft-cloud-hiring-to-implement-global-small-modular-reactor-and-microreactor-strategy-to-power-data-centers/
If you found this post helpful support my work with bitcoin.
-
@ b1ddb4d7:471244e7
2025-05-30 03:01:02Bitcoin FilmFest (BFF25) returns to Warsaw for its third edition, blending independent cinema—from feature films and commercials to AI-driven experimental visuals—with education and entertainment.
Hundreds of attendees from around the world will gather for three days of screenings, discussions, workshops, and networking at the iconic Kinoteka Cinema (PKiN), the same venue that hosted the festival’s first two editions in March 2023 and April 2024.
This year’s festival, themed “Beyond the Frame,” introduces new dimensions to its program, including an extra day on May 22 to celebrate Bitcoin Pizza Day, the first real-world bitcoin transaction, with what promises to be one of Europe’s largest commemorations of this milestone.
BFF25 bridges independent film, culture, and technology, with a bold focus on decentralized storytelling and creative expression. As a community-driven cultural experience with a slightly rebellious spirit, Bitcoin FilmFest goes beyond movies, yet cinema remains at its heart.
Here’s a sneak peek at the lineup, specially curated for movie buffs:
Generative Cinema – A special slot with exclusive shorts and a thematic debate on the intersection of AI and filmmaking. Featured titles include, for example: BREAK FREE, SATOSHI: THE CREATION OF BITCOIN, STRANGE CURRENCIES, and BITCOIN IS THE MYCELIUM OF MONEY, exploring financial independence, traps of the fiat system, and a better future built on sound money.
Upcoming Productions Preview – A bit over an hour-long block of unreleased pilots and works-in-progress. Attendees will get exclusive first looks at projects like FINDING HOME (a travel-meets-personal-journey series), PARALLEL SPACES (a story about alternative communities), and THE LEGEND OF LANDI (a mysterious narrative).
Freedom-Focused Ads & Campaigns – Unique screenings of video commercials, animations, and visual projects, culminating in “The PoWies” (Proof of Work-ies)—the first ever awards show honoring the best Bitcoin-only awareness campaigns.
To get an idea of what might come up at the event, here, you can preview 6 selected ads combined into two 2 videos:
Open Pitch Competition – A chance for filmmakers to present fresh ideas and unfinished projects to an audience of a dedicated jury, movie fans and potential collaborators. This competitive block isn’t just entertaining—it’s a real opportunity for creators to secure funding and partnerships.
Golden Rabbit Awards: A lively gala honoring films from the festival’s Official Selection, with awards in categories like Best Feature, Best Story, Best Short, and Audience Choice.
BFF25 Main Screenings
Sample titles from BFF25’s Official Selection:
REVOLUCIÓN BITCOIN – A documentary by Juan Pablo, making its first screening outside the Spanish-speaking world in Warsaw this May. Three years of important work, 80 powerful minutes to experience. The film explores Bitcoin’s impact across Argentina, Colombia, Mexico, El Salvador, and Spain through around 40 diverse perspectives. Screening in Spanish with English subtitles, followed by a Q&A with the director.
UNBANKABLE – Luke Willms’ directorial debut, drawing from his multicultural roots and his father’s pioneering HIV/AIDS research. An investigative documentary based on Luke’s journeys through seven African countries, diving into financial experiments and innovations—from mobile money and digital lending to Bitcoin—raising smart questions and offering potential lessons for the West. Its May appearance at BFF25 marks its largest European event to date, following festival screenings and nominations across multiple continents over the past year.
HOTEL BITCOIN – A Spanish comedy directed by Manuel Sanabria and Carlos “Pocho” Villaverde. Four friends, 4,000 bitcoins , and one laptop spark a chaotic adventure of parties, love, crime, and a dash of madness. Exploring sound money, value, and relationships through a twisting plot. The film premiered at the Tarazona and Moncayo Comedy Film Festival in August 2024. Its Warsaw screening at BFF25 (in Spanish with English subtitles) marks its first public showing outside the Spanish-speaking world.
Check out trailers for this year’s BFF25 and past editions on YouTube.
Tickets & Info:
- Detailed program and tickets are available at bitcoinfilmfest.com/bff25.
- Stay updated via the festival’s official channels (links provided on the website).
- Use ‘LN-NEWS’ to get 10% of tickets
-
@ 04c915da:3dfbecc9
2025-05-20 15:50:22There is something quietly rebellious about stacking sats. In a world obsessed with instant gratification, choosing to patiently accumulate Bitcoin, one sat at a time, feels like a middle finger to the hype machine. But to do it right, you have got to stay humble. Stack too hard with your head in the clouds, and you will trip over your own ego before the next halving even hits.
Small Wins
Stacking sats is not glamorous. Discipline. Stacking every day, week, or month, no matter the price, and letting time do the heavy lifting. Humility lives in that consistency. You are not trying to outsmart the market or prove you are the next "crypto" prophet. Just a regular person, betting on a system you believe in, one humble stack at a time. Folks get rekt chasing the highs. They ape into some shitcoin pump, shout about it online, then go silent when they inevitably get rekt. The ones who last? They stack. Just keep showing up. Consistency. Humility in action. Know the game is long, and you are not bigger than it.
Ego is Volatile
Bitcoin’s swings can mess with your head. One day you are up 20%, feeling like a genius and the next down 30%, questioning everything. Ego will have you panic selling at the bottom or over leveraging the top. Staying humble means patience, a true bitcoin zen. Do not try to "beat” Bitcoin. Ride it. Stack what you can afford, live your life, and let compounding work its magic.
Simplicity
There is a beauty in how stacking sats forces you to rethink value. A sat is worth less than a penny today, but every time you grab a few thousand, you plant a seed. It is not about flaunting wealth but rather building it, quietly, without fanfare. That mindset spills over. Cut out the noise: the overpriced coffee, fancy watches, the status games that drain your wallet. Humility is good for your soul and your stack. I have a buddy who has been stacking since 2015. Never talks about it unless you ask. Lives in a decent place, drives an old truck, and just keeps stacking. He is not chasing clout, he is chasing freedom. That is the vibe: less ego, more sats, all grounded in life.
The Big Picture
Stack those sats. Do it quietly, do it consistently, and do not let the green days puff you up or the red days break you down. Humility is the secret sauce, it keeps you grounded while the world spins wild. In a decade, when you look back and smile, it will not be because you shouted the loudest. It will be because you stayed the course, one sat at a time. \ \ Stay Humble and Stack Sats. 🫡
-
@ 527337d5:93e9525e
2025-05-29 18:19:31Experiment Plan for Text Similarity Comparison Algorithms (Revised v3)
1. Introduction
1.1. Research Background and Objectives
This research aims to evaluate the performance of various algorithms for comparing the similarity between individual page texts extracted from a specific technical document (in this experiment, the content of the Tailwind CSS documentation site). Initially, we considered dividing the text into 250-word chunks. However, due to the abundance of Markdown and code in the target document, meaningful chunking proved tobe cumbersome. Therefore, we decided to use the entire text extracted from each page as the unit of comparison.
This study will systematically compare and examine combinations of different "representation methods" and "comparison methods" from multiple perspectives: ease of implementation, processing speed, memory consumption, and accuracy of similarity judgment. A particular focus will be on elucidating the effectiveness of information-based NCD (Normalized Compression Distance) and vector embedding-based methods, which are planned for future evaluation.
1.2. Report Structure
This report will first describe the experimental data and its preprocessing methods. Next, it will define in detail the representation methods and comparison methods that form the axes of evaluation, and present specific experimental cases combining them. After presenting the results and discussion of initial experiments using NCD, it will describe the metrics for evaluating each experimental case, specific experimental procedures, and the expected outcomes and future prospects of this research.
2. Experimental Data
- Target Content: Individual HTML pages from the Tailwind CSS documentation site (
tailwindcss.com
). - Data Unit: The entire text of each page, extracted from HTML files using the
html2text
command and further processed to remove control characters using thesed
command. This serves as the basic unit of comparison in this experiment. - Data Storage Location: The extracted and preprocessed text files are stored locally under the
./tailwindcss.com
directory, maintaining the original file structure. - Language: English
- Example Search Query: A representative search query for this experiment is
"Utilities for controlling how a background image behaves when scrolling."
(Multiple queries and their expected similar pages may be used for more robust evaluation). - Example Expected Similar Page: For the query above,
/docs/background-attachment
is expected to be the most semantically similar page.
3. Experimental Design
This experiment is designed by dividing the process of evaluating text similarity into two main axes: "Representation Methods" and "Comparison Methods."
3.1. Representation Methods (Text Quantification/Vectorization)
-
Naive (Raw Text / Full Page Text)
- Method: Use the entire preprocessed text extracted from each document page as raw string data, without special transformations.
- Objective: Serve as a direct input for information-based comparison methods like NCD and as a baseline comparison for more advanced representation methods to be evaluated later.
-
(Future Experiment) Vector Embedding via Gemini API (Embedding-Gemini)
- Method: Utilize Google's Gemini API (
models/text-embedding-004
) to convert the entire text of each page into high-dimensional dense vectors (Embeddings). - Objective: Evaluate the performance of context-rich vector representations generated by a state-of-the-art large language model.
- Method: Utilize Google's Gemini API (
-
(Future Experiment) Vector Embedding via Local Lightweight Model (Embedding-MiniLM-GGUF)
- Method: Run a GGUF quantized version of the pre-trained
all-MiniLM-L6-v2
model (all-MiniLM-L6-v2-Q5_K_M.gguf
) in a local environment to convert the entire text of each page into vector representations. GGUF format offers benefits like smaller model size and potentially faster CPU inference. - Objective: Evaluate the performance of a widely used open-source lightweight model (quantized version) in comparison to API-based large-scale models and domain-specific learned models.
- Method: Run a GGUF quantized version of the pre-trained
-
(Future Experiment) Extraction of Internal Feature Vectors via Mathematica (Embedding-MMA)
- Method: Use the entire page texts from the target document set as input. Employ Mathematica's neural network framework to first pass each page text through an Embedding Layer. Apply L2 normalization to the resulting vectors, followed by Principal Component Analysis (PCA) to reduce dimensionality to approximately 100 dimensions. This final vector will be the feature vector. This pipeline aims to create dense, normalized representations specific to the document corpus, with PCA helping to capture the most significant variance in a lower-dimensional space, potentially improving efficiency and reducing noise. The choice of an Embedding Layer trained or fine-tuned on the corpus, followed by PCA, seeks to balance domain-specificity with robust dimensionality reduction.
- Objective: Evaluate the performance of vector representations processed or specialized for the target document set.
3.2. Comparison Methods (Distance/Similarity Calculation between Representations)
-
NCD (Normalized Compression Distance)
- Applicable to: Naive (Full Page Text)
- Method: For two data objects
x
(query) andy
(document page text), calculateNCD(x,y) = (C(xy) - min(C(x), C(y))) / max(C(x), C(y))
. Here,C(s)
is the size (e.g., byte length) of datas
after compression with a specific algorithm, andC(xy)
is the size of the concatenated datax
andy
after compression. A value closer to 0 indicates higher similarity. - Compression Algorithms to Compare: DEFLATE (gzip), bzip2, LZMA, XZ, Zstandard (zstd), LZO, Snappy, LZ4 (as used in the user-provided script).
- Objective: Evaluate similarity from an information-theoretic perspective based on data commonality and redundancy. Compare the impact of different compression algorithms on NCD results.
-
(Future Experiment) Cosine Similarity
- Applicable to: Embedding-Gemini, Embedding-MiniLM-GGUF, Embedding-MMA
- Method: Calculate the cosine of the angle between two vectors.
- Objective: Standard similarity evaluation based on the directionality (semantic closeness) of vector representations.
-
(Future Experiment) Euclidean Distance
- Applicable to: Embedding-Gemini, Embedding-MiniLM-GGUF, Embedding-MMA
- Method: Calculate the straight-line distance between two vectors in a multidimensional space.
- Objective: Similarity evaluation based on the absolute positional relationship of vector representations.
-
(Future Experiment) Manhattan Distance (L1 Distance)
- Applicable to: Embedding-Gemini, Embedding-MiniLM-GGUF, Embedding-MMA
- Method: Calculate the sum of the absolute differences of their Cartesian coordinates.
- Objective: Similarity evaluation based on axis-aligned travel distance, differing from Euclidean distance.
-
(Future Experiment) Mahalanobis Distance
- Applicable to: Embedding-Gemini, Embedding-MiniLM-GGUF, Embedding-MMA
- Method: Calculate the distance between two vectors considering the covariance of the data. This provides a distance metric that accounts for the scale differences and correlations of each feature (vector dimension).
- Objective: More robust similarity evaluation that considers the structure (correlation) of the feature space.
3.3. Experimental Cases (Initial NCD Experiments and Future Expansion)
3.3.1. Initial Experiments Conducted (NCD)
The following experimental cases were conducted using the user-provided script. The representation method was "Naive (Full Page Text)."
| No. | Representation Method | Comparison Method (Distance/Similarity Metric) | Notes | | :-: | :---------------------- | :--------------------------------------------- | :-------------------------- | | 1 | Naive (Full Page Text) | NCD (gzip/DEFLATE) | One of the baselines | | 2 | Naive (Full Page Text) | NCD (bzip2) | Compression method comparison | | 3 | Naive (Full Page Text) | NCD (lzma) | Compression method comparison | | 4 | Naive (Full Page Text) | NCD (xz) | Compression method comparison | | 5 | Naive (Full Page Text) | NCD (zstd) | Compression method comparison | | 6 | Naive (Full Page Text) | NCD (lzop) | Compression method comparison | | 7 | Naive (Full Page Text) | NCD (snappy) | Compression method comparison | | 8 | Naive (Full Page Text) | NCD (lz4) | Compression method comparison |
3.3.2. Future Experimental Plan (Vector Embedding)
| No. | Representation Method | Comparison Method (Distance/Similarity Metric) | Notes | | :--: | :---------------------- | :--------------------------------------------- | :------------------------------------- | | 9 | Embedding-Gemini | Cosine Similarity | Standard vector similarity evaluation | | 10 | Embedding-Gemini | Euclidean Distance | Standard vector similarity evaluation | | 11 | Embedding-Gemini | Manhattan Distance | Axis-aligned distance similarity eval. | | 12 | Embedding-Gemini | Mahalanobis Distance | Distance considering feature structure | | 13 | Embedding-MiniLM-GGUF | Cosine Similarity | Evaluation of local lightweight model | | 14 | Embedding-MiniLM-GGUF | Euclidean Distance | Evaluation of local lightweight model | | 15 | Embedding-MiniLM-GGUF | Manhattan Distance | Evaluation of local lightweight model | | 16 | Embedding-MiniLM-GGUF | Mahalanobis Distance | Evaluation of local lightweight model | | 17 | Embedding-MMA | Cosine Similarity | Eval. of domain-specific MMA model | | 18 | Embedding-MMA | Euclidean Distance | Eval. of domain-specific MMA model | | 19 | Embedding-MMA | Manhattan Distance | Eval. of domain-specific MMA model | | 20 | Embedding-MMA | Mahalanobis Distance | Eval. of domain-specific MMA model |
4. Results and Discussion of Initial NCD Experiments (Based on User-Provided Information)
4.1. Execution Overview
The user employed provided Python scripts (
main.py
,comparison.py
) to calculate NCD between a search query and the entire text extracted from each HTML page in the./tailwindcss.com
directory.main.py
invokedcomparison.py
with various compression commands (gzip
,bzip2
,lzma
,xz
,zstd
,lzop
,lz4
).comparison.py
then used the specified command-line compression tools to compute NCD scores and output the results to CSV files.Search Query:
"Utilities for controlling how a background image behaves when scrolling."
Expected Similar Page:/docs/background-attachment
4.2. Key Results
The pages judged as most similar (lowest NCD score) to the query for each compression algorithm were as follows (based on user-provided sorted results):
- Zstandard (zstd):
./tailwindcss.com/docs/background-attachment
(Score: 0.973...) - LZ4:
./tailwindcss.com/docs/background-attachment
(Score: 0.976...) - XZ:
./tailwindcss.com/docs/background-origin
(Score: 0.946...) - LZMA:
./tailwindcss.com/docs/background-origin
(Score: 0.966...) - gzip (DEFLATE):
./tailwindcss.com/docs/scroll-behavior
(Score: 0.969...) - LZO:
./tailwindcss.com/docs/scroll-behavior
(Score: 0.955...) - bzip2:
./tailwindcss.com/docs/mask-clip
(Score: 0.958...)
4.3. Initial Discussion
- Variation in Results by Compression Algorithm: It was confirmed that the document judged most similar to the query varies depending on the compression algorithm used. This is likely due to the differing abilities of each algorithm to capture various types of redundancy and patterns within the text.
- Alignment with Expected Results: When using Zstandard and LZ4, the expected page (
/docs/background-attachment
) was judged as most similar. This suggests these compression algorithms may have relatively effectively captured the information-theoretic commonality between the query and the target document in this instance. - Range of NCD Scores: The reported NCD scores were generally close to 1.0. This may be due to the relatively short length of the search query compared to the full-page documents, meaning the query text contributes less to the overall compressibility when concatenated. However, relative differences were still captured, enabling ranking.
- Validity of Full-Page Comparison: Full-page comparison was chosen due to the difficulty of chunking content rich in Markdown and code. While this approach simplifies preprocessing, it may also be influenced by the overall structure of the page, including common headers and footers.
This initial experiment indicates that NCD can function as an indicator of text similarity and that the choice of compression algorithm is crucial.
5. Evaluation Metrics (Including Future Experiments)
-
Accuracy of Similarity Scores:
- Ground Truth Preparation: A small, diverse subset of page pairs (e.g., 50-100 pairs) will be selected. For each pair, at least two evaluators familiar with the Tailwind CSS documentation will independently assign a similarity score on a 5-point Likert scale (1=Not similar, 5=Very similar). Inter-evaluator reliability (e.g., using Krippendorff's Alpha) will be calculated. Disagreements will be resolved through discussion to create a consensus ground truth dataset. If resource-constrained, a single-evaluator approach with clear, predefined criteria will be used, acknowledging this limitation. Alternatively, page pairs likely to be similar will be selected based on internal references or chapter structure within the document.
- Evaluation Metrics: Ranking evaluation (Precision@k, Recall@k, MAP: Mean Average Precision), correlation analysis (Spearman's rank correlation coefficient with human judgments), classification evaluation (AUC-ROC, F1-score, assuming appropriate thresholding).
-
Processing Speed:
- Average time to calculate similarity for a page pair, total calculation time for all page pairs (or a large sampled set), and representation generation time (API call time, local model inference time, MMA processing time).
-
Memory Consumption:
- Model size (MiniLM-GGUF, MMA model), data representation size, and peak runtime memory usage.
-
Ease of Implementation:
- Qualitative assessment of setup ease, lines of code, required libraries, difficulty of parameter tuning, and documentation quality. This will be summarized for each approach (e.g., using a rubric or a comparative narrative) considering factors like:
- Setup Complexity: (e.g., API key acquisition vs. local model download & environment setup vs. full model training pipeline in Mathematica).
- Code Complexity: Estimated lines of core logic, reliance on external vs. standard libraries.
- Parameter Sensitivity: Number of key hyperparameters requiring tuning and the perceived difficulty of finding good settings.
- Documentation & Community Support: Availability and clarity of official documentation and community resources (e.g., forums, GitHub issues).
- Qualitative assessment of setup ease, lines of code, required libraries, difficulty of parameter tuning, and documentation quality. This will be summarized for each approach (e.g., using a rubric or a comparative narrative) considering factors like:
6. Experimental Procedure (Including Future Experiments)
-
Data Preparation:
- Prepare HTML files of the target document in the
./tailwindcss.com
directory. - (For NCD) Extract and preprocess full-page plain text from each HTML file using
html2text
andsed
(as previously done by the user). - (For Vector Embedding) Use the same preprocessed full-page plain text.
- Create ground truth data for accuracy evaluation as described in Section 5.1.
- Prepare HTML files of the target document in the
-
Implementation and Execution of Representation Methods:
- Naive: Use the preprocessed page text directly.
- Embedding-Gemini: Use Python's
requests
library or similar to send each page text to the Gemini API (models/text-embedding-004
) and retrieve/store the vector representations. - Embedding-MiniLM-GGUF: Use appropriate libraries (e.g.,
ctransformers
, orsentence-transformers
combined withllama-cpp-python
) to load theall-MiniLM-L6-v2-Q5_K_M.gguf
model. Input each page text to extract and store vector representations. - Embedding-MMA: In Mathematica, apply an Embedding Layer to each page text, followed by L2 normalization and PCA dimensionality reduction (to approx. 100 dimensions), then extract and store the vector representations.
-
Implementation and Execution of Comparison Methods:
- NCD: Refer to the user-provided Python scripts (
main.py
,comparison.py
) to call various command-line compression tools for NCD calculation. Alternatively, extend this to directly use Python's compression libraries for better control and efficiency. - Cosine Similarity, Euclidean Distance, Manhattan Distance: Implement using standard math libraries (e.g., Python's NumPy, SciPy).
- Mahalanobis Distance: Implement using
scipy.spatial.distance.mahalanobis
. Requires pre-calculation of the covariance matrix (or its inverse) from the entire dataset of vectors for each embedding type.
- NCD: Refer to the user-provided Python scripts (
-
Evaluation Execution:
- Calculate similarity (or distance) scores between the search query (and potentially between page pairs for ground truth evaluation) and all document pages for each experimental case.
- Measure processing speed and memory consumption.
- Calculate accuracy metrics using the computed similarity scores and ground truth data.
- Record and evaluate the ease of implementation.
-
Result Aggregation and Analysis:
- Compile the obtained evaluation metrics into tables and graphs for comparative analysis of each method's characteristics.
Experimental Environment (Assumed)
- Hardware: (e.g., CPU: Intel Core i7-10700, Memory: 32GB RAM, GPU: NVIDIA GeForce RTX 3070 8GB - specify if GPU is used for MiniLM or MMA)
- Software: (e.g., OS: Linux (Ubuntu, etc.), Programming Language: Python 3.x (with versions for key libraries like NumPy, SciPy, requests, ctransformers, etc.), Mathematica 13.x, specific versions of command-line compression tools if used directly)
7. Expected Outcomes and Future Outlook
This research (including initial NCD experiments and future vector embedding experiments) is expected to yield the following outcomes:
- Clarification of the Impact of Compression Algorithms on NCD: As indicated by initial experiments, the choice of compression algorithm significantly affects similarity judgments. Further validation with more diverse data and queries will allow for a deeper understanding of each algorithm's characteristics.
- Performance Characteristics of Various Methods on Full-Page Text: To clarify how NCD and various vector embedding methods perform in terms of accuracy, speed, and resource consumption when applied to entire page texts.
- Comparison of Local and API-Based Models: In future vector embedding experiments, to compare the performance, speed, and resource efficiency of
Embedding-MiniLM-GGUF
(local, quantized) andEmbedding-Gemini
(API, large-scale) to identify practical trade-offs. - Evaluation of Domain-Specific Embedding Effectiveness: To assess how well
Embedding-MMA
, processed or tuned for a single technical document set, performs compared to general-purpose models. - Provision of Practical Insights: To offer guidelines for selecting appropriate similarity comparison approaches based on text characteristics (e.g., Markdown/code content) and system requirements (e.g., ease of preprocessing, emphasis on accuracy vs. speed).
8. Future Challenges
- Ensuring Quality of Ground Truth Data: Evaluating full-page similarity can be more subjective than chunk-level evaluation, making the creation of high-quality ground truth data challenging. Establishing clear annotation guidelines and measuring inter-annotator agreement will be crucial.
- Hyperparameter Optimization: Many methods involve tunable parameters (e.g., Embedding-MMA model structure, PCA dimensionality, MiniLM-GGUF inference parameters), the optimization of which may be beyond the scope of this initial study. The impact of default vs. tuned parameters could be noted.
- Noise in Full-Page Comparison: Full-page texts may contain common navigational elements or boilerplate text that could act as noise in similarity judgments. Strategies to mitigate this (e.g., more advanced text extraction, or methods robust to such noise) could be a future research direction.
- Input Length Limitations of Vector Embedding Models: Very long page texts might exceed the input length limits of some vector embedding models, requiring strategies for handling. These might include:
- Truncation: Using only the initial N tokens of each page, which is simple but may lose crucial information.
- Summarization: Employing an abstractive or extractive summarization model to create a condensed version of the page, which could preserve key information but adds another layer of processing and potential information loss/bias.
- Chunking and Averaging/Pooling: Dividing long pages into manageable chunks, embedding each chunk, and then aggregating these chunk embeddings (e.g., by averaging) to get a single page vector. This approach needs careful consideration of how chunks are defined and aggregated.
- Utilizing Long-Context Models: If available and feasible, leveraging embedding models specifically designed for longer sequences. The chosen strategy will be documented, and its potential impact on results acknowledged.
- Target Content: Individual HTML pages from the Tailwind CSS documentation site (
-
@ 04c915da:3dfbecc9
2025-05-20 15:47:16Here’s a revised timeline of macro-level events from The Mandibles: A Family, 2029–2047 by Lionel Shriver, reimagined in a world where Bitcoin is adopted as a widely accepted form of money, altering the original narrative’s assumptions about currency collapse and economic control. In Shriver’s original story, the failure of Bitcoin is assumed amid the dominance of the bancor and the dollar’s collapse. Here, Bitcoin’s success reshapes the economic and societal trajectory, decentralizing power and challenging state-driven outcomes.
Part One: 2029–2032
-
2029 (Early Year)\ The United States faces economic strain as the dollar weakens against global shifts. However, Bitcoin, having gained traction emerges as a viable alternative. Unlike the original timeline, the bancor—a supranational currency backed by a coalition of nations—struggles to gain footing as Bitcoin’s decentralized adoption grows among individuals and businesses worldwide, undermining both the dollar and the bancor.
-
2029 (Mid-Year: The Great Renunciation)\ Treasury bonds lose value, and the government bans Bitcoin, labeling it a threat to sovereignty (mirroring the original bancor ban). However, a Bitcoin ban proves unenforceable—its decentralized nature thwarts confiscation efforts, unlike gold in the original story. Hyperinflation hits the dollar as the U.S. prints money, but Bitcoin’s fixed supply shields adopters from currency devaluation, creating a dual-economy split: dollar users suffer, while Bitcoin users thrive.
-
2029 (Late Year)\ Dollar-based inflation soars, emptying stores of goods priced in fiat currency. Meanwhile, Bitcoin transactions flourish in underground and online markets, stabilizing trade for those plugged into the bitcoin ecosystem. Traditional supply chains falter, but peer-to-peer Bitcoin networks enable local and international exchange, reducing scarcity for early adopters. The government’s gold confiscation fails to bolster the dollar, as Bitcoin’s rise renders gold less relevant.
-
2030–2031\ Crime spikes in dollar-dependent urban areas, but Bitcoin-friendly regions see less chaos, as digital wallets and smart contracts facilitate secure trade. The U.S. government doubles down on surveillance to crack down on bitcoin use. A cultural divide deepens: centralized authority weakens in Bitcoin-adopting communities, while dollar zones descend into lawlessness.
-
2032\ By this point, Bitcoin is de facto legal tender in parts of the U.S. and globally, especially in tech-savvy or libertarian-leaning regions. The federal government’s grip slips as tax collection in dollars plummets—Bitcoin’s traceability is low, and citizens evade fiat-based levies. Rural and urban Bitcoin hubs emerge, while the dollar economy remains fractured.
Time Jump: 2032–2047
- Over 15 years, Bitcoin solidifies as a global reserve currency, eroding centralized control. The U.S. government adapts, grudgingly integrating bitcoin into policy, though regional autonomy grows as Bitcoin empowers local economies.
Part Two: 2047
-
2047 (Early Year)\ The U.S. is a hybrid state: Bitcoin is legal tender alongside a diminished dollar. Taxes are lower, collected in BTC, reducing federal overreach. Bitcoin’s adoption has decentralized power nationwide. The bancor has faded, unable to compete with Bitcoin’s grassroots momentum.
-
2047 (Mid-Year)\ Travel and trade flow freely in Bitcoin zones, with no restrictive checkpoints. The dollar economy lingers in poorer areas, marked by decay, but Bitcoin’s dominance lifts overall prosperity, as its deflationary nature incentivizes saving and investment over consumption. Global supply chains rebound, powered by bitcoin enabled efficiency.
-
2047 (Late Year)\ The U.S. is a patchwork of semi-autonomous zones, united by Bitcoin’s universal acceptance rather than federal control. Resource scarcity persists due to past disruptions, but economic stability is higher than in Shriver’s original dystopia—Bitcoin’s success prevents the authoritarian slide, fostering a freer, if imperfect, society.
Key Differences
- Currency Dynamics: Bitcoin’s triumph prevents the bancor’s dominance and mitigates hyperinflation’s worst effects, offering a lifeline outside state control.
- Government Power: Centralized authority weakens as Bitcoin evades bans and taxation, shifting power to individuals and communities.
- Societal Outcome: Instead of a surveillance state, 2047 sees a decentralized, bitcoin driven world—less oppressive, though still stratified between Bitcoin haves and have-nots.
This reimagining assumes Bitcoin overcomes Shriver’s implied skepticism to become a robust, adopted currency by 2029, fundamentally altering the novel’s bleak trajectory.
-
-
@ 7f6db517:a4931eda
2025-05-30 02:01:45There must be a limit to how much data is transferred across the bitcoin network in order to keep the ability to run and use your own node accessible. A node is required to interact with the global bitcoin network - if you do not use your own node then you must trust someone else's node. If nodes become inaccessible to run then the network will centralize around the remaining entities that operate them - threatening the censorship resistance at the core of bitcoin's value prop. The bitcoin protocol uses three main mechanisms to keep node operation costs low - a fixed limit on the amount of data in each block, an automatic difficulty adjustment that regulates how many blocks are produced based on current mining hash rate, and a robust dynamic transaction fee market.
Bitcoin transaction fees limit network abuse by making usage expensive. There is a cost to every transaction, set by a dynamic free market based on demand for scarce block space. It is an incredibly robust way to prevent spam without relying on centralized entities that can be corrupted or pressured.
After the 2017 bitcoin fee spike we had six years of relative quiet to build tools that would be robust in a sustained high fee market. Fortunately our tools are significantly better now but many still need improvement. Most of the pain points we see today will be mitigated.
The reality is we were never going to be fully prepared - pressure is needed to show the pain points and provide strong incentives to mitigate them.
It will be incredibly interesting to watch how projects adapt under pressure. Optimistic we see great innovation here.
_If you are willing to wait for your transaction to confirm you can pay significantly lower fees. Learn best practices for reducing your fee burden here.
My guide for running and using your own bitcoin node can be found here._
If you found this post helpful support my work with bitcoin.
-
@ dfa02707:41ca50e3
2025-05-30 05:01:52News
- Bitcoin mining centralization in 2025. According to a blog post by b10c, Bitcoin mining was at its most decentralized in May 2017, with another favorable period from 2019 to 2022. However, starting in 2023, mining has become increasingly centralized, particularly due to the influence of large pools like Foundry and the use of proxy pooling by entities such as AntPool.
Source: b10c's blog.
- OpenSats announces the eleventh wave of Nostr grants. The five projects in this wave are the mobile live-streaming app Swae, the Nostr-over-ham-radio project HAMSTR, Vertex—a Web-of-Trust (WOT) service for Nostr developers, Nostr Double Ratchet for end-to-end encrypted messaging, and the Nostr Game Engine for building games and applications integrated with the Nostr ecosystem.
- New Spiral grantee: l0rinc. In February 2024, l0rinc transitioned to full-time work on Bitcoin Core. His efforts focus on performance benchmarking and optimizations, enhancing code quality, conducting code reviews, reducing block download times, optimizing memory usage, and refactoring code.
- Project Eleven offers 1 BTC to break Bitcoin's cryptography with a quantum computer. The quantum computing research organization has introduced the Q-Day Prize, a global challenge that offers 1 BTC to the first team capable of breaking an elliptic curve cryptographic (ECC) key using Shor’s algorithm on a quantum computer. The prize will be awarded to the first team to successfully accomplish this breakthrough by April 5, 2026.
- Unchained has launched the Bitcoin Legacy Project. The initiative seeks to advance the Bitcoin ecosystem through a bitcoin-native donor-advised fund platform (DAF), investments in community hubs, support for education and open-source development, and a commitment to long-term sustainability with transparent annual reporting.
- In its first year, the program will provide support to Bitcoin hubs in Nashville, Austin, and Denver.
- Support also includes $50,000 to the Bitcoin Policy Institute, a $150,000 commitment at the University of Austin, and up to $250,000 in research grants through the Bitcoin Scholars program.
"Unchained will match grants 1:1 made to partner organizations who support Bitcoin Core development when made through the Unchained-powered bitcoin DAF, up to 1 BTC," was stated in a blog post.
- Block launched open-source tools for Bitcoin treasury management. These include a dashboard for managing corporate bitcoin holdings and provides a real-time BTC-to-USD price quote API, released as part of the Block Open Source initiative. The company’s own instance of the bitcoin holdings dashboard is available here.
Source: block.xyz
- Bull Bitcoin expands to Mexico, enabling anyone in the country to receive pesos from anywhere in the world straight from a Bitcoin wallet. Additionally, users can now buy Bitcoin with a Mexican bank account.
"Bull Bitcoin strongly believes in Bitcoin’s economic potential in Mexico, not only for international remittances and tourism, but also for Mexican individuals and companies to reclaim their financial sovereignty and protect their wealth from inflation and the fragility of traditional financial markets," said Francis Pouliot, Founder and CEO of Bull Bitcoin.
- Corporate bitcoin holdings hit a record high in Q1 2025. According to Bitwise, public companies' adoption of Bitcoin has hit an all-time high. In Q1 2025, these firms collectively hold over 688,000 BTC, marking a 16.11% increase from the previous quarter. This amount represents 3.28% of Bitcoin's fixed 21 million supply.
Source: Bitwise.
- The Bitcoin Bond Company for institutions has launched with the aim of acquiring $1 trillion in Bitcoin over 21 years. It utilizes secure, transparent, and compliant bond-like products backed by Bitcoin.
- The U.S. Senate confirmed Paul Atkins as Chair of the Securities and Exchange Commission (SEC). At his confirmation hearing, Atkins emphasized the need for a clear framework for digital assets. He aims to collaborate with the CFTC and Congress to address jurisdiction and rulemaking gaps, aligning with the Trump administration's goal to position the U.S. as a leader in Bitcoin and blockchain finance.
- Ethereum developer Virgil Griffith has been released from custody. Griffith, whose sentence was reduced to 56 months, is now seeking a pardon. He was initially sentenced to 63 months for allegedly violating international sanctions laws by providing technical advice on using cryptocurrencies and blockchain technology to evade sanctions during a presentation titled 'Blockchains for Peace' in North Korea.
- No-KYC exchange eXch to close down under money laundering scrutiny. The privacy-focused cryptocurrency trading platform said it will cease operations on May 1. This decision follows allegations that the platform was used by North Korea's Lazarus Group for money laundering. eXch revealed it is the subject of an active "transatlantic operation" aimed at shutting down the platform and prosecuting its team for "money laundering and terrorism."
- Blockstream combats ESP32 FUD concerning Jade signers. The company stated that after reviewing the vulnerability disclosed in early March, Jade was found to be secure. Espressif Systems, the designer of the ESP32, has since clarified that the "undocumented commands" do not constitute a "backdoor."
- Bank of America is lobbying for regulations that favor banks over tech firms in stablecoin issuance. The bank's CEO Brian Moynihan is working with groups such as the American Bankers Association to advance the issuance of a fully reserved, 1:1 backed "Bank of America coin." If successful, this could limit stablecoin efforts by non-banks like Tether, Circle, and others, reports The Block.
- Tether to back OCEAN Pool with its hashrate. "As a company committed to financial freedom and open access, we see supporting decentralization in Bitcoin mining as essential to the network’s long-term integrity," said Tether CEO Paolo Ardoino.
- Bitdeer to expand its self-mining operations to navigate tariffs. The Singapore-based mining company is advancing plans to produce machines in the U.S. while reducing its mining hardware sales. This response is in light of increasing uncertainties related to U.S. trade policy, as reported by Bloomberg.
- Tether acquires $32M in Bitdeer shares. The firm has boosted its investment in Bitdeer during a wider market sell-off, with purchases in early to mid-April amounting to about $32 million, regulatory filings reveal.
- US Bitcoin miner manufacturer Auradine has raised $153 million in a Series C funding round as it expands into AI infrastructure. The round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other existing investors. The firm raised to over $300 million since its inception in 2022.
- Voltage has partnered with BitGo to [enable](https://www.voltage.cloud/blog/bitgo-and-voltage-team-up-to-deliver-instant-bitcoin-and-stabl
-
@ c1e9ab3a:9cb56b43
2025-05-27 13:19:53I. Introduction: Money as a Function of Efficiency and Preference
Money is not defined by law, but by power over productivity. In any open economy, the most economically efficient actors—those who control the most valuable goods, services, and knowledge—ultimately dictate the medium of exchange. Their preferences signal to the broader market what form of money is required to access the highest-value goods, from durable commodities to intangibles like intellectual property and skilled labor.
Whatever money these actors prefer becomes the de facto unit of account and store of value, regardless of its legal status. This emergent behavior is natural and reflects a hierarchy of monetary utility.
II. Classical Gresham’s Law: A Product of Market Distortion
Gresham’s Law, famously stated as:
"Bad money drives out good"
is only valid under coercive monetary conditions, specifically: - Legal tender laws that force the acceptance of inferior money at par with superior money. - Fixed exchange rates imposed by decree, not market valuation. - Governments or central banks backing elastic fiduciary media with promises of redemption. - Institutional structures that mandate debt and tax payments in the favored currency.
Under these conditions, superior money (hard money) is hoarded, while inferior money (soft, elastic, inflationary) circulates. This is not an expression of free market behavior—it is the result of suppressed price discovery and legal coercion.
Gresham’s Law, therefore, is not a natural law of money, but a law of distortion under forced parity and artificial elasticity.
III. The Collapse of Coercion: Inversion of Gresham’s Law
When coercive structures weaken or are bypassed—through technological exit, jurisdictional arbitrage, monetary breakdown, or political disintegration—Gresham’s Law inverts:
Good money drives out bad.
This occurs because: - Market actors regain the freedom to select money based on utility, scarcity, and credibility. - Legal parity collapses, exposing the true economic hierarchy of monetary forms. - Trustless systems (e.g., Bitcoin) or superior digital instruments (e.g., stablecoins) offer better settlement, security, and durability. - Elastic fiduciary media become undesirable as counterparty risk and inflation rise.
The inversion marks a return to monetary natural selection—not a breakdown of Gresham’s Law, but the collapse of its preconditions.
IV. Elasticity and Control
Elastic fiduciary media (like fiat currency) are not intrinsically evil. They are tools of state finance and debt management, enabling rapid expansion of credit and liquidity. However, when their issuance is unconstrained, and legal tender laws force their use, they become weapons of economic coercion.
Banks issue credit unconstrained by real savings, and governments enforce the use of inflated media through taxation and courts. This distorts capital allocation, devalues productive labor, and ultimately hollows out monetary confidence.
V. Monetary Reversion: The Return of Hard Money
When the coercion ends—whether gradually or suddenly—the monetary system reverts. The preferences of the productive and wealthy reassert themselves:
- Superior money is not just saved—it begins to circulate.
- Weaker currencies are rejected not just for savings, but for daily exchange.
- The hoarded form becomes the traded form, and Gresham’s Law inverts completely.
Bitcoin, gold, and even highly credible stable instruments begin to function as true money, not just stores of value. The natural monetary order returns, and the State becomes a late participant, not the originator of monetary reality.
VI. Conclusion
Gresham’s Law operates only under distortion. Its inversion is not an anomaly—it is a signal of the collapse of coercion. The monetary system then reorganizes around productive preference, technological efficiency, and economic sovereignty.
The most efficient market will always dictate the form of hard money. The State can delay this reckoning through legal force, but it cannot prevent it indefinitely. Once free choice returns, bad money dies, and good money lives again.
-
@ dfa02707:41ca50e3
2025-05-30 02:01:41Contribute to keep No Bullshit Bitcoin news going.
- RoboSats v0.7.7-alpha is now available!
NOTE: "This version of clients is not compatible with older versions of coordinators. Coordinators must upgrade first, make sure you don't upgrade your client while this is marked as pre-release."
- This version brings a new and improved coordinators view with reviews signed both by the robot and the coordinator, adds market price sources in coordinator profiles, shows a correct warning for canceling non-taken orders after a payment attempt, adds Uzbek sum currency, and includes package library updates for coordinators.
Source: RoboSats.
- siggy47 is writing daily RoboSats activity reviews on stacker.news. Check them out here.
- Stay up-to-date with RoboSats on Nostr.
What's new
- New coordinators view (see the picture above).
- Available coordinator reviews signed by both the robot and the coordinator.
- Coordinators now display market price sources in their profiles.
Source: RoboSats.
- Fix for wrong message on cancel button when taking an order. Users are now warned if they try to cancel a non taken order after a payment attempt.
- Uzbek sum currency now available.
- For coordinators: library updates.
- Add docker frontend (#1861).
- Add order review token (#1869).
- Add UZS migration (#1875).
- Fixed tests review (#1878).
- Nostr pubkey for Robot (#1887).
New contributors
Full Changelog: v0.7.6-alpha...v0.7.7-alpha
-
@ 21c71bfa:e28fa0f6
2025-05-29 15:09:17Book *Bangalore to Tirupati cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
-
@ 21c71bfa:e28fa0f6
2025-05-29 15:08:51Book *Tirupati to Srikalahasti cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
-
@ dfa02707:41ca50e3
2025-05-30 05:01:51Headlines
- Spiral renews support for Dan Gould and Joschisan. The organization has renewed support for Dan Gould, who is developing the Payjoin Dev Kit (PDK), and Joschisan, a Fedimint developer focused on simplifying federations.
- Metaplanet buys another 145 BTC. The Tokyo-listed company has purchased an additional 145 BTC for $13.6 million. Their total bitcoin holdings now stand at 5,000 coins, worth around $428.1 million.
- Semler Scientific has increased its bitcoin holdings to 3,303 BTC. The company acquired an additional 111 BTC at an average price of $90,124. The purchase was funded through proceeds from an at-the-market offering and cash reserves, as stated in a press release.
- The Virtual Asset Service Providers (VASP) Bill 2025 introduced in Kenya. The new legislation aims to establish a comprehensive legal framework for licensing, regulating, and supervising virtual asset service providers (VASPs), with strict penalties for non-compliant entities.
- Russian government to launch a cryptocurrency exchange. The country's Ministry of Finance and Central Bank announced plans to establish a trading platform for "highly qualified investors" that "will legalize crypto assets and bring crypto operations out of the shadows."
- All virtual asset service providers expect to be fully compliant with the Travel Rule by the end of 2025. A survey by financial surveillance specialist Notabene reveals that 90% of virtual asset service providers (VASPs) expect full Travel Rule compliance by mid-2025, with all aiming for compliance by year-end. The survey also shows a significant rise in VASPs blocking withdrawals until beneficiary information is confirmed, increasing from 2.9% in 2024 to 15.4% now. Additionally, about 20% of VASPs return deposits if originator data is missing.
- UN claims Bitcoin mining is a "powerful tool" for money laundering. The Rage's analysis suggests that the recent United Nations Office on Drugs and Crime report on crime in South-East Asia makes little sense and hints at the potential introduction of Anti-Money Laundering (AML) measures at the mining level.
- Riot Platforms has obtained a $100 million credit facility from Coinbase Credit, using bitcoin as collateral for short-term funding to support its expansion. The firm's CEO, Jason Les, stated that this facility is crucial for diversifying financing sources and driving long-term stockholder value through strategic growth initiatives.
- Bitdeer raises $179M in loans and equity amid Bitcoin chip push. The Miner Mag reports that Bitdeer entered into a loan agreement with its affiliate Matrixport for up to $200 million in April, as disclosed in its annual report filed on Monday.
- Federal Reserve retracts guidance discouraging banks from engaging in 'crypto.' The U.S. Federal Reserve withdrew guidance that discouraged banks from crypto and stablecoin activities, as announced by its Board of Governors on Thursday. This includes rescinding a 2022 supervisory letter requiring prior notification of crypto activities and 2023 stablecoin requirements.
"As a result, the Board will no longer expect banks to provide notification and will instead monitor banks' crypto-asset activities through the normal supervisory process," reads the FED statement.
- UAE-based Islamic bank ruya launches Shari’ah-compliant bitcoin investing. The bank has become the world’s first Islamic bank to provide direct access to virtual asset investments, including Bitcoin, via its mobile app, per Bitcoin Magazine.
- U.S. 'crypto' scam losses amounted to $9.3B in 2024. The US The Federal Bureau of Investigation (FBI) has reported $9.3 billion losses in cryptocurrency-related scams in 2024, noting a troubling trend of scams targeting older Americans, which accounted for over $2.8 billion of those losses.
Source: FBI.
- North Korean hackers establish fake companies to target 'crypto' developers. Silent Push researchers reported that hackers linked to the Lazarus Group created three shell companies, two of which are based in the U.S., with the objective of spreading malware through deceptive job interview scams aimed at individuals seeking jobs in cryptocurrency companies.
- Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge utilizes the BitVM2 programming language to inherit validity from Bitcoin, allegedly providing "the safest and most trust-minimized way to use BTC in decentralized finance."
- Hesperides University offers a Master’s degree in Bitcoin. Bitcoin Magazine reports the launch of the first-ever Spanish-language Master’s program dedicated exclusively to Bitcoin. Starting April 28, 2025, this fully online program will equip professionals with technical, economic, legal, and philosophical skills to excel in the Bitcoin era.
- BTC in D.C. event is set to take place on September 30 - October 1 in Washington, D.C. Learn more about this initiative here.
Use the tools
- Bitcoin Keeper just got a new look. Version 2.2.0 of the mobile multisig app brought a new branding design, along with a Keeper Private tier, testnet support, ability to import and export BIP-329 labels, and the option to use a Server Key with multiple users.
- Earlier this month the project also announced Keeper Learn service, offering clear and guided Bitcoin learning sessions for both groups and individuals.
- Keeper Desktop v0.2.2, a companion desktop app for Bitcoin Keeper mobile app, received a renewed branding update, too.
The evolution of Bitcoin Keeper logo. Source: BitHyve blog.
- Blockstream Green Desktop v2.0.25 updates GDK to v0.75.1 and fixes amount parsing issues when switching from fiat denomination to Liquid asset.
- Lightning Loop v0.31.0-beta enhances the
loop listswaps
command by improving the ability to filter the response. - Lightning-kmp v1.10.0, an implementation of the Lightning Network in Kotlin, is now available.
- LND v0.19.0-beta.rc3, the latest beta release candidate of LND is now ready for testing.
- ZEUS v0.11.0-alpha2 is now available for testing, too. It's nuts.
- JoinMarket Fidelity Bond Simulator helps potential JoinMarket makers evaluate their competitive position in the market based on fidelity bonds.
- UTXOscope is a text-only Bitcoin blockchain analysis tool that visualizes price dynamics using only on-chain data. The
-
@ dfa02707:41ca50e3
2025-05-30 02:01:40Contribute to keep No Bullshit Bitcoin news going.
-
Version 1.3 of Bitcoin Safe introduces a redesigned interactive chart, quick receive feature, updated icons, a mempool preview window, support for Child Pays For Parent (CPFP) and testnet4, preconfigured testnet demo wallets, as well as various bug fixes and improvements.
-
Upcoming updates for Bitcoin Safe include Compact Block Filters.
"Compact Block Filters increase the network privacy dramatically, since you're not asking an electrum server to give you your transactions. They are a little slower than electrum servers. For a savings wallet like Bitcoin Safe this should be OK," writes the project's developer Andreas Griffin.
- Learn more about the current and upcoming features of Bitcoin Safe wallet here.
What's new in v1.3
- Redesign of Chart, Quick Receive, Icons, and Mempool Preview (by @design-rrr).
- Interactive chart. Clicking on it now jumps to transaction, and selected transactions are now highlighted.
- Speed up transactions with Child Pays For Parent (CPFP).
- BDK 1.2 (upgraded from 0.32).
- Testnet4 support.
- Preconfigured Testnet demo wallets.
- Cluster unconfirmed transactions so that parents/children are next to each other.
- Customizable columns for all tables (optional view: Txid, Address index, and more)
- Bug fixes and other improvements.
Announcement / Archive
Blog Post / Archive
GitHub Repo
Website -
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@ 21c71bfa:e28fa0f6
2025-05-29 14:52:10Book *Tirupati to Srikalahasti cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
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@ 21c71bfa:e28fa0f6
2025-05-29 14:51:46Book *Tirupati to Vellore cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
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@ 21c71bfa:e28fa0f6
2025-05-29 14:51:23Book *Tirupati to Tirumala cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
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@ 21c71bfa:e28fa0f6
2025-05-29 14:51:04Book *Bhubaneswar to Konark cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
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@ dfa02707:41ca50e3
2025-05-30 02:01:39- This version introduces the Soroban P2P network, enabling Dojo to relay transactions to the Bitcoin network and share others' transactions to break the heuristic linking relaying nodes to transaction creators.
- Additionally, Dojo admins can now manage API keys in DMT with labels, status, and expiration, ideal for community Dojo providers like Dojobay. New API endpoints, including "/services" exposing Explorer, Soroban, and Indexer, have been added to aid wallet developers.
- Other maintenance updates include Bitcoin Core, Tor, Fulcrum, Node.js, plus an updated ban-knots script to disconnect inbound Knots nodes.
"I want to thank all the contributors. This again shows the power of true Free Software. I also want to thank everyone who donated to help Dojo development going. I truly appreciate it," said Still Dojo Coder.
What's new
- Soroban P2P network. For MyDojo (Docker setup) users, Soroban will be automatically installed as part of their Dojo. This integration allows Dojo to utilize the Soroban P2P network for various upcoming features and applications.
- PandoTx. PandoTx serves as a transaction transport layer. When your wallet sends a transaction to Dojo, it is relayed to a random Soroban node, which then forwards it to the Bitcoin network. It also enables your Soroban node to receive and relay transactions from others to the Bitcoin network and is designed to disrupt the assumption that a node relaying a transaction is closely linked to the person who initiated it.
- Pushing transactions through Soroban can be deactivated by setting
NODE_PANDOTX_PUSH=off
indocker-node.conf
. - Processing incoming transactions from Soroban network can be deactivated by setting
NODE_PANDOTX_PROCESS=off
indocker-node.conf
.
- Pushing transactions through Soroban can be deactivated by setting
- API key management has been introduced to address the growing number of people offering their Dojos to the community. Dojo admins can now access a new API management tab in their DMT, where they can create unlimited API keys, assign labels for easy identification, and set expiration dates for each key. This allows admins to avoid sharing their main API key and instead distribute specific keys to selected parties.
- New API endpoints. Several new API endpoints have been added to help API consumers develop features on Dojo more efficiently:
- New:
/latest-block
- returns data about latest block/txout/:txid/:index
- returns unspent output data/support/services
- returns info about services that Dojo exposes
- Updated:
/tx/:txid
- endpoint has been updated to return raw transaction with parameter?rawHex=1
- The new
/support/services
endpoint replaces the deprecatedexplorer
field in the Dojo pairing payload. Although still present, API consumers should use this endpoint for explorer and other pairing data.
- New:
Other changes
- Updated ban script to disconnect inbound Knots nodes.
- Updated Fulcrum to v1.12.0.
- Regenerate Fulcrum certificate if expired.
- Check if transaction already exists in pushTx.
- Bump BTC-RPC Explorer.
- Bump Tor to v0.4.8.16, bump Snowflake.
- Updated Bitcoin Core to v29.0.
- Removed unnecessary middleware.
- Fixed DB update mechanism, added api_keys table.
- Add an option to use blocksdir config for bitcoin blocks directory.
- Removed deprecated configuration.
- Updated Node.js dependencies.
- Reconfigured container dependencies.
- Fix Snowflake git URL.
- Fix log path for testnet4.
- Use prebuilt addrindexrs binaries.
- Add instructions to migrate blockchain/fulcrum.
- Added pull policies.
Learn how to set up and use your own Bitcoin privacy node with Dojo here.
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@ dfa02707:41ca50e3
2025-05-30 05:01:51Good morning (good night?)! The No Bullshit Bitcoin news feed is now available on Moody's Dashboard! A huge shoutout to sir Clark Moody for integrating our feed.
Headlines
- Spiral welcomes Ben Carman. The developer will work on the LDK server and a new SDK designed to simplify the onboarding process for new self-custodial Bitcoin users.
- The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation. The annual dues from these corporate members fund the small team of open-source developers responsible for maintaining the core BDK libraries and related free and open-source software (FOSS) projects.
- Strategy increases Bitcoin holdings to 538,200 BTC. In the latest purchase, the company has spent more than $555M to buy 6,556 coins through proceeds of two at-the-market stock offering programs.
- Spar supermarket experiments with Bitcoin payments in Zug, Switzerland. The store has introduced a new payment method powered by the Lightning Network. The implementation was facilitated by DFX Swiss, a service that supports seamless conversions between bitcoin and legacy currencies.
- The Bank for International Settlements (BIS) wants to contain 'crypto' risks. A report titled "Cryptocurrencies and Decentralised Finance: Functions and Financial Stability Implications" calls for expanding research into "how new forms of central bank money, capital controls, and taxation policies can counter the risks of widespread crypto adoption while still fostering technological innovation."
- "Global Implications of Scam Centres, Underground Banking, and Illicit Online Marketplaces in Southeast Asia." According to the United Nations Office on Drugs and Crime (UNODC) report, criminal organizations from East and Southeast Asia are swiftly extending their global reach. These groups are moving beyond traditional scams and trafficking, creating sophisticated online networks that include unlicensed cryptocurrency exchanges, encrypted communication platforms, and stablecoins, fueling a massive fraud economy on an industrial scale.
- Slovenia is considering a 25% capital gains tax on Bitcoin profits for individuals. The Ministry of Finance has proposed legislation to impose this tax on gains from cryptocurrency transactions, though exchanging one cryptocurrency for another would remain exempt. At present, individual 'crypto' traders in Slovenia are not taxed.
- Circle, BitGo, Coinbase, and Paxos plan to apply for U.S. bank charters or licenses. According to a report in The Wall Street Journal, major crypto companies are planning to apply for U.S. bank charters or licenses. These firms are pursuing limited licenses that would permit them to issue stablecoins, as the U.S. Congress deliberates on legislation mandating licensing for stablecoin issuers.
"Established banks, like Bank of America, are hoping to amend the current drafts of [stablecoin] legislation in such a way that nonbanks are more heavily restricted from issuing stablecoins," people familiar with the matter told The Block.
- Charles Schwab to launch spot Bitcoin trading by 2026. The financial investment firm, managing over $10 trillion in assets, has revealed plans to introduce spot Bitcoin trading for its clients within the next year.
Use the tools
- Bitcoin Safe v1.2.3 expands QR SignMessage compatibility for all QR-UR-compatible hardware signers (SpecterDIY, KeyStone, Passport, Jade; already supported COLDCARD Q). It also adds the ability to import wallets via QR, ensuring compatibility with Keystone's latest firmware (2.0.6), alongside other improvements.
- Minibits v0.2.2-beta, an ecash wallet for Android devices, packages many changes to align the project with the planned iOS app release. New features and improvements include the ability to lock ecash to a receiver's pubkey, faster confirmations of ecash minting and payments thanks to WebSockets, UI-related fixes, and more.
- Zeus v0.11.0-alpha1 introduces Cashu wallets tied to embedded LND wallets. Navigate to Settings > Ecash to enable it. Other wallet types can still sweep funds from Cashu tokens. Zeus Pay now supports Cashu address types in Zaplocker, Cashu, and NWC modes.
- LNDg v1.10.0, an advanced web interface designed for analyzing Lightning Network Daemon (LND) data and automating node management tasks, introduces performance improvements, adds a new metrics page for unprofitable and stuck channels, and displays warnings for batch openings. The Profit and Loss Chart has been updated to include on-chain costs. Advanced settings have been added for users who would like their channel database size to be read remotely (the default remains local). Additionally, the AutoFees tool now uses aggregated pubkey metrics for multiple channels with the same peer.
- Nunchuk Desktop v1.9.45 release brings the latest bug fixes and improvements.
- Blockstream Green iOS v4.1.8 has renamed L-BTC to LBTC, and improves translations of notifications, login time, and background payments.
- Blockstream Green Android v4.1.8 has added language preference in App Settings and enables an Android data backup option for disaster recovery. Additionally, it fixes issues with Jade entry point PIN timeout and Trezor passphrase input.
- Torq v2.2.2, an advanced Lightning node management software designed to handle large nodes with over 1000 channels, fixes bugs that caused channel balance to not be updated in some cases and channel "peer total local balance" not getting updated.
- Stack Wallet v2.1.12, a multicoin wallet by Cypher Stack, fixes an issue with Xelis introduced in the latest release for Windows.
- ESP-Miner-NerdQAxePlus v1.0.29.1, a forked version from the NerdAxe miner that was modified for use on the NerdQAxe+, is now available.
- Zark enables sending sats to an npub using Bark.
- Erk is a novel variation of the Ark protocol that completely removes the need for user interactivity in rounds, addressing one of Ark's key limitations: the requirement for users to come online before their VTXOs expire.
- Aegis v0.1.1 is now available. It is a Nostr event signer app for iOS devices.
- Nostash is a NIP-07 Nostr signing extension for Safari. It is a fork of Nostore and is maintained by Terry Yiu. Available on iOS TestFlight.
- Amber v3.2.8, a Nostr event signer for Android, delivers the latest fixes and improvements.
- Nostur v1.20.0, a Nostr client for iOS, adds
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@ 9cb3545c:2ff47bca
2025-05-27 12:58:56Introduction
Public companies that hold Bitcoin on behalf of investors (often issuing securities backed by those Bitcoin holdings) have faced growing pressure to demonstrate proof of reserves – evidence that they genuinely hold the cryptocurrency they claim. One approach is to publish the company’s Bitcoin wallet addresses so that anyone can verify the balances on the blockchain. This practice gained momentum after high-profile crypto collapses (e.g. FTX in 2022) eroded trust, leading major exchanges and fund issuers like Binance, Kraken, OKX, and Bitwise to publicize wallet addresses as proof of assets . The goal is transparency and reassurance for investors. However, making wallet addresses public comes with significant security and privacy risks. This report examines those risks – from cybersecurity threats and blockchain tracing to regulatory and reputational implications – and weighs them against the transparency benefits of on-chain proof of reserves.
Proof of Reserves via Public Wallet Addresses
In the cryptocurrency ethos of “don’t trust – verify,” on-chain proof of reserves is seen as a powerful tool. By disclosing wallet addresses (or cryptographic attestations of balances), a company lets investors and analysts independently verify that the Bitcoin reserves exist on-chain. For example, some firms have dashboards showing their addresses and balances in real time . In theory, this transparency builds trust by proving assets are not being misreported or misused. Shareholders gain confidence that the company’s Bitcoin holdings are intact, potentially preventing fraud or mismanagement.
Yet this approach essentially sacrifices the pseudonymity of blockchain transactions. Publishing a wallet address ties a large, known institution to specific on-chain funds. While Bitcoin addresses are public by design, most companies treat their specific addresses as sensitive information. Public proof-of-reserve disclosures break that anonymity, raising several concerns as detailed below.
Cybersecurity Threats from Visible Wallet Balances
Revealing a wallet address with a large balance can make a company a prime target for hackers and cybercriminals. Knowing exactly where significant reserves are held gives attackers a clear blueprint. As Bitcoin advocate (and MicroStrategy Executive Chairman) Michael Saylor warned in 2025, “publicly known wallet addresses become prime targets for malicious actors. Knowing where significant reserves are held provides hackers with a clear target, potentially increasing the risk of sophisticated attacks” . In other words, publishing the address increases the attack surface – attackers might intensify phishing campaigns, malware deployment, or insider bribery aimed at obtaining the keys or access to those wallets.
Even if the wallets are secured in cold storage, a public address advertisement may encourage attempts to penetrate the organization’s security. Custodians and partners could also be targeted. Saylor noted that this exposure isn’t just risky for the company holding the Bitcoin; it can indirectly put their custodial providers and related exchanges at risk as well . For instance, if a third-party custodian manages the wallets, hackers might attempt to breach that custodian knowing the reward (the company’s Bitcoin) is great.
Companies themselves have acknowledged these dangers. Grayscale Investments, which runs the large Grayscale Bitcoin Trust (GBTC), pointedly refused to publish its wallet addresses in late 2022, citing “security concerns” and complex custody arrangements that have “kept our investors’ assets safe for years” . Grayscale implied that revealing on-chain addresses could undermine those security measures, and it chose not to “circumvent complex security arrangements” just to appease public demand . This highlights a key point: corporate treasury security protocols often assume wallet details remain confidential. Publicizing them could invalidate certain assumptions (for example, if an address was meant to be operationally secret, it can no longer serve that role once exposed).
Additionally, a publicly known trove of cryptocurrency might invite physical security threats. While not a purely “cyber” issue, if criminals know a particular company or facility controls a wallet with, say, thousands of Bitcoin, it could lead to threats against personnel (extortion or coercion to obtain keys). This is a less common scenario for large institutions (which typically have robust physical security), but smaller companies or key individuals could face elevated personal risk by being associated with huge visible crypto reserves.
In summary, cybersecurity experts consider public proof-of-reserve addresses a double-edged sword: transparency comes at the cost of advertising exactly where a fortune is held. As Saylor bluntly put it, “the conventional way of issuing proof of reserves today is actually insecure… This method undermines the security of the issuer, the custodian, the exchanges and the investors. This is not a good idea”  . From a pure security standpoint, broadcasting your wallets is akin to drawing a bullseye on them.
Privacy Risks: Address Clustering and Blockchain Tracing
Blockchain data is public, so publishing addresses opens the door to unwanted analytics and loss of privacy for the business. Even without knowing the private keys, analysts can scrutinize every transaction in and out of those addresses. This enables address clustering – linking together addresses that interact – and other forms of blockchain forensics that can reveal sensitive information about the company’s activities.
One immediate risk is that observers can track the company’s transaction patterns. For example, if the company moves Bitcoin from its reserve address to an exchange or to another address, that move is visible in real time. Competitors, investors, or even attackers could deduce strategic information: perhaps the company is planning to sell (if coins go to an exchange wallet) or is reallocating funds. A known institution’s on-chain movements can thus “reveal strategic movements or holdings”, eroding the company’s operational privacy . In a volatile market, advance knowledge of a large buy or sell by a major player could even be exploited by others (front-running the market, etc.).
Publishing one or a few static addresses also violates a basic privacy principle of Bitcoin: address reuse. Best practice in Bitcoin is to use a fresh address for each transaction to avoid linking them  . If a company continuously uses the same “proof of reserve” address, all counterparties sending funds to or receiving funds from that address become visible. Observers could map out the company’s business relationships or vendors by analyzing counterparties. A Reddit user commenting on an ETF that published a single address noted that “reusing a single address for this makes me question their risk management… There are much better and more privacy-preserving ways to prove reserves… without throwing everything in a single public address” . In other words, a naive implementation of proof-of-reserve (one big address) maximizes privacy leakage.
Even if multiple addresses are used, if they are all disclosed, one can perform clustering analysis to find connections. This happened in the Grayscale case: although Grayscale would not confirm any addresses, community analysts traced and identified 432 addresses likely belonging to GBTC’s custodial holdings by following on-chain traces from known intermediary accounts . They managed to attribute roughly 317,705 BTC (about half of GBTC’s holdings) to those addresses . This demonstrates that even partial information can enable clustering – and if the company directly published addresses, the task becomes even easier to map the entirety of its on-chain asset base.
Another threat vector is “dusting” attacks, which become more feasible when an address is publicly known. In a dusting attack, an adversary sends a tiny amount of cryptocurrency (dust) to a target address. The dust itself is harmless, but if the target address ever spends that dust together with other funds, it can cryptographically link the target address to other addresses in the same wallet. Blockchain security researchers note that “with UTXO-based assets, an attacker could distribute dust to an address to reveal the owner’s other addresses by tracking the dust’s movement… If the owner unknowingly combines this dust with their funds in a transaction, the attacker can… link multiple addresses to a single owner”, compromising privacy . A company that publishes a list of reserve addresses could be systematically dusted by malicious actors attempting to map out all addresses under the company’s control. This could unmask cold wallet addresses that the company never intended to publicize, further eroding its privacy and security.
Investor confidentiality is another subtle concern. If the business model involves individual investor accounts or contributions (for instance, a trust where investors can deposit or withdraw Bitcoin), public addresses might expose those movements. An outside observer might not know which investor corresponds to a transaction, but unusual inflows/outflows could signal actions by big clients. In extreme cases, if an investor’s own wallet is known (say a large investor announces their involvement), one might link that to transactions in the company’s reserve addresses. This could inadvertently reveal an investor’s activities or holdings, breaching expectations of confidentiality. Even absent direct identification, some investors might simply be uncomfortable with their transactions being part of a publicly traceable ledger tied to the company.
In summary, publishing reserve addresses facilitates blockchain tracing that can pierce the veil of business privacy. It hands analysts the keys to observe how funds move, potentially exposing operational strategies, counterparties, and internal processes. As one industry publication noted, linking a large known institution to specific addresses can compromise privacy and reveal more than intended . Companies must consider whether they are ready for that level of transparency into their every on-chain move.
Regulatory and Compliance Implications
From a regulatory perspective, wallet address disclosure lies in uncharted territory, but it raises several flags. First and foremost is the issue of incomplete information: A wallet address only shows assets, not the company’s liabilities or other obligations. Regulators worry that touting on-chain holdings could give a false sense of security. The U.S. Securities and Exchange Commission (SEC) has cautioned investors to “not place too much confidence in the mere fact a company says it’s got a proof-of-reserves”, noting that such reports “lack sufficient information” for stakeholders to ascertain if liabilities can be met . In other words, a public company might show a big Bitcoin address balance, but if it has debts or customer liabilities of equal or greater value, the proof-of-reserve alone is “not necessarily an indicator that the company is in a good financial position” .
This regulatory stance implies that address disclosure, if done, must be paired with proper context. A public company would likely need to clarify in its financial statements or investor communications that on-chain reserves are unencumbered (not pledged as loan collateral, not already sold forward, etc.) and that total liabilities are accounted for. Otherwise, there’s a risk of misleading investors, which could have legal consequences. For example, if investors interpret the on-chain balance as proof of solvency but the company actually had leveraged those bitcoins for loans, lawsuits or regulatory enforcement could follow for misrepresentation.
There’s also a compliance burden associated with revealing addresses. Once an address is known to be the company’s, that company effectively must monitor all transactions related to it. If someone sends funds to that address (even without permission), the company might receive tainted coins (from hacked sources or sanctioned entities). This could trigger anti-money laundering (AML) red flags. Normally, compliance teams can ignore random deposits to unknown wallets, but they cannot ignore something sent into their publicly identified corporate wallet. Even a tiny dust amount sent from a blacklisted address could complicate compliance – for instance, the company would need to prove it has no relation to the sender and perhaps even avoid moving those tainted outputs. Being in the open increases such exposure. Threat actors might even exploit this by “poisoning” a company’s address with unwanted transactions, just to create regulatory headaches or reputational smears.
Another consideration is that custodial agreements and internal risk controls might forbid public disclosure of addresses. Many public companies use third-party custodians for their Bitcoin (for example, Coinbase Custody, BitGo, etc.). These custodians often treat wallet details as confidential for security. Grayscale noted that its Bitcoin are custodied on Coinbase and implied that revealing on-chain info would interfere with security arrangements  . It’s possible that some custodians would object to their clients broadcasting addresses, or might require additional assurances. A company going against such advice might be seen as negligent if something went wrong.
Regulators have so far not mandated on-chain proofs for public companies – in fact, recent laws have exempted public companies from proof-of-reserve mandates on the assumption they are already subject to rigorous SEC reporting. For example, a Texas bill in 2023 required crypto exchanges and custodians to provide quarterly proof-of-reserves to the state, but it “specifically carved out public reporting companies” since they already file audited financials with the SEC . The rationale was that between SEC filings and audits, public companies have oversight that private crypto firms lack . However, this also highlights a gap: even audited financials might not verify 100% of crypto assets (auditors often sample balances). Some observers noted that standard audits “may not ever include the 100% custodial asset testing contemplated by proof of reserves”, especially since quarterly SEC filings (10-Q) are often not audited . This puts public companies in a nuanced position – they are trusted to use traditional audits and internal controls, but the onus is on them if they choose to add extra transparency like on-chain proofs.
Finally, securities regulators focus on fair disclosure and accuracy. If a company publicly posts addresses, those essentially become investor disclosures subject to anti-fraud rules. The firm must keep them up to date and accurate. Any mistake (such as publishing a wrong address or failing to mention that some coins are locked up or lent out) could attract regulatory scrutiny for being misleading. In contrast, a formal audit or certification from a third-party comes with standards and disclaimers that are better understood by regulators. A self-published wallet list is an unprecedented form of disclosure that regulators haven’t fully vetted – meaning the company bears the risk if something is misinterpreted.
In summary, wallet address disclosure as proof-of-reserve must be handled very carefully to avoid regulatory pitfalls. The SEC and others have warned that on-chain assets alone don’t tell the whole story . Public companies would need to integrate such proofs with their official reporting in a responsible way – otherwise they risk confusion or even regulatory backlash for giving a false sense of security.
Reputational and Operational Risks
While transparency is meant to enhance reputation, in practice public wallet disclosures can create new reputational vulnerabilities. Once an address is public, a company’s every on-chain action is under the microscope of the crypto community and media. Any anomaly or perceived misstep can snowball into public relations problems.
One vivid example occurred with Crypto.com in late 2022. After the exchange published its cold wallet addresses to prove reserves (a move prompted by the FTX collapse), on-chain analysts quickly noticed a “suspicious transfer of 320,000 ETH” – about 82% of Crypto.com’s Ether reserves – moving from their cold wallet to another exchange (Gate.io)  . This large, unexpected transfer sparked immediate panic and FUD (fear, uncertainty, and doubt) on social media. Observers speculated that Crypto.com might be insolvent or was manipulating snapshots of reserves by borrowing funds. The CEO had to publicly respond, admitting it was an operational error – the ETH was supposed to go to a new cold storage address but ended up at a whitelisted external address by mistake . The funds were eventually returned, but not before reputational damage was done: the incident made headlines about mishandled funds and rattled user confidence  . This case illustrates how full public visibility can turn an internal slip-up into a highly public crisis. If the addresses had not been public, the mistake might have been quietly corrected; with on-chain transparency, there was nowhere to hide and no way to control the narrative before the public drew worst-case conclusions.
Even routine operations can be misinterpreted. Blockchain data lacks context – analysts may jump to conclusions that hurt a company’s reputation even if nothing is actually wrong. For instance, Binance (the world’s largest crypto exchange) encountered scrutiny when on-chain observers noted that one of its reserve wallets (labeled “Binance 8”) contained far more assets than it should have. This wallet was meant to hold collateral for Binance’s issued tokens, but held an excess balance, suggesting possible commingling of customer funds with collateral  . Bloomberg and others reported a ~$12.7 billion discrepancy visible on-chain . Binance had to acknowledge the issue as a “clerical error” and quickly separate the funds, all under the glare of public attention  . While Binance maintained that user assets were fully backed and the mistake was purely operational, the episode raised public concern over Binance’s practices, feeding a narrative that even the largest exchange had internal control lapses. The key point is that public proof-of-reserves made the lapse obvious to everyone, forcing a reactive explanation. The reputational hit (even if temporary) was an operational risk of being so transparent.
Additionally, strategic confidentiality is lost. If a company holding Bitcoin as a reserve asset decides to make a major move (say, reallocating to a different wallet, or using some Bitcoin for a strategic investment or loan), doing so with known addresses broadcasts that strategy. Competitors or market analysts can infer things like “Company X is moving 10% of its BTC — why? Are they selling? Hedging? Using it as collateral?” This can erode any competitive advantage of keeping financial strategies discreet. It might even affect the company’s stock price if investors interpret moves negatively. For example, if a blockchain analysis shows the company’s reserves dropping, shareholders might fear the company sold Bitcoin (perhaps due to financial distress), even if the reality is benign (like moving funds to a new custodian). The company would be forced into continuous public explanation of on-chain actions to prevent misunderstanding.
There’s also a risk of exposing business partnerships. Suppose the company uses certain exchanges or OTC desks to rebalance its holdings – transactions with those service providers will be visible and could link the company to them. If one of those partners has issues (say a hacked exchange or a sanctioned entity inadvertently), the company could be reputationally contaminated by association through the blockchain trail.
Finally, not all publicity is good publicity in the crypto world. A public proof-of-reserve might invite armchair auditors to scrutinize and criticize every aspect of the company’s crypto management. Minor issues could be blown out of proportion. On the flip side, if a company chooses not to publish addresses, it could face reputational risk from a different angle: skeptics might question why it isn’t being transparent. (Indeed, Grayscale’s refusal to disclose wallet addresses led to social media chatter about whether they truly held all the Bitcoin they claimed, contributing to investor nervousness and a steep discount on GBTC shares .) Thus, companies are in a delicate spot: share too much and every move invites scrutiny; share too little and you breed distrust.
Balancing Transparency Benefits vs. Risks
The central question is whether the benefit of proving reserve holdings to investors outweighs these security and privacy risks. It’s a classic risk-reward calculation, and opinions in the industry are divided.
On the side of transparency, many argue that the credibility and trust gained by proof-of-reserves is invaluable. Advocates note that Bitcoin was designed for open verification – “on-chain auditability and permissionless transparency” are core features . By embracing this, companies demonstrate they are good stewards of a “trustless” asset. In fact, some believe public companies have a duty to be extra transparent. A recent Nasdaq report contended that “when a publicly traded company holds Bitcoin but offers no visibility into how that Bitcoin is held or verified, it exposes itself to multiple levels of risk: legal, reputational, operational, and strategic”, undermining trust . In that view, opacity is riskier in the long run – a lack of proof could weaken investor confidence or invite regulatory suspicion. Shareholders and analysts may actually penalize a company that refuses to provide verifiable proof of its crypto assets .
Transparency done right can also differentiate a firm as a leader in governance. Publishing reserve data (whether via addresses or through third-party attestations) can be seen as a commitment to high standards. For example, Metaplanet, an investment firm, publicly discloses its BTC reserve addresses and even provides a live dashboard for anyone to verify balances . This proactive openness signals confidence and has been touted as an industry best practice in some quarters. By proving its reserves, a company can potentially avoid the fate of those that lost public trust (as happened with opaque crypto firms in 2022). It’s also a means to preempt false rumors – if data is out in the open, misinformation has less room to grow.
However, the pro-transparency camp increasingly acknowledges that there are smarter ways to achieve trust without courting all the risks. One compromise is using cryptographic proofs or audits instead of plain address dumps. For instance, exchanges like Kraken have implemented Merkle tree proof-of-reserves: an independent auditor verifies all customer balances on-chain and provides a cryptographic report, and customers can individually verify their account is included without the exchange revealing every address publicly. This method proves solvency to those who need to know without handing over a complete roadmap to attackers. Another emerging solution is zero-knowledge proofs, where a company can prove knowledge or ownership of certain assets without revealing the addresses or amounts to the public. These technologies are still maturing, but they aim to deliver the best of both worlds: transparency and privacy.
On the side of caution, many experts believe the risks of full public disclosure outweigh the incremental gain in transparency, especially for regulated public companies. Michael Saylor encapsulates this viewpoint: he calls on-chain proof-of-reserve “a bad idea” for institutions, arguing that it “offers one-way transparency” (assets only) and “leaves organizations open to cyberattacks” . He stresses that no serious security expert would advise a Fortune 500 company to list all its wallet addresses, as it essentially compromises corporate security over time . Saylor and others also point out the pointlessness of an assets-only proof: unless you also prove liabilities, showing off reserves might even be dangerous because it could lull investors into a false sense of security .
Regulators and traditional auditors echo this: proof-of-reserves, while a useful tool, “is not enough by itself” to guarantee financial health . They advocate for holistic transparency – audits that consider internal controls, liabilities, and legal obligations, not just a snapshot of a blockchain address  . From this perspective, a public company can satisfy transparency demands through rigorous third-party audits and disclosures rather than raw on-chain data. Indeed, public companies are legally bound to extensive reporting; adding public crypto addresses on top may be seen as redundant and risky.
There is also an implicit cost-benefit analysis: A successful attack resulting from over-sharing could be catastrophic (loss of funds, legal liability, reputational ruin), whereas the benefit of public proof is somewhat intangible (improved investor sentiment, which might be achieved via other assurance methods anyway). Given that trade-off, many firms err on the side of caution. As evidence, few if any U.S.-listed companies that hold Bitcoin have published their wallet addresses. Instead, they reference independent custodians and audits for assurance. Even crypto-native companies have pulled back on full transparency after realizing the downsides – for example, some auditing firms halted issuing proof-of-reserves reports due to concerns about how they were interpreted and the liability involved  .
Industry best practices are still evolving. A prudent approach gaining favor is to prove reserves without leaking sensitive details. This can involve disclosing total balances and having an auditor or blockchain oracle confirm the assets exist, but without listing every address publicly. Companies are also encouraged to disclose encumbrances (whether any of the reserves are collateralized or lent out) in tandem, to address the liabilities issue . By doing so, they aim to achieve transparency and maintain security.
In evaluating whether to publish wallet addresses, a company must ask: Will this level of openness meaningfully increase stakeholder trust, or would a more controlled disclosure achieve the same goal with less risk? For many public companies, the answer has been to avoid public addresses. The risks – from attracting hackers to revealing strategic moves – tend to outweigh the marginal transparency benefit in their judgment. The collapse of unregulated exchanges has certainly proven the value of reserve verification, but public companies operate in a different context with audits and legal accountability. Thus, the optimal solution may be a middle ground: proving reserves through vetted processes (auditor attestations, cryptographic proofs) that satisfy investor needs without blatantly exposing the company’s financial backend to the world.
Conclusion
Publishing Bitcoin wallet addresses as proof of reserves is a bold transparency measure – one that speaks to crypto’s ideals of open verification – but it comes with a laundry list of security considerations. Public companies weighing this approach must contend with the heightened cybersecurity threat of advertising their treasure troves to hackers, the loss of privacy and confidentiality as on-chain sleuths dissect their every transaction, and potential regulatory complications if such disclosures are misunderstood or incomplete. Real-world incidents illustrate the downsides: firms that revealed addresses have seen how quickly online communities flag (and sometimes misinterpret) their blockchain moves, causing reputational turbulence and forcing rapid damage control  .
On the other hand, proving reserves to investors is important – it can prevent fraud and bolster trust. The question is how to achieve it without incurring unacceptable risk. Many experts and industry leaders lean towards the view that simply publishing wallet addresses is too risky a method, especially for public companies with much to lose  . The risks often do outweigh the direct benefits in such cases. Transparency remains crucial, but it can be provided in safer ways – through regular audits, cryptographic proofs that don’t expose all wallet details, and comprehensive disclosures that include liabilities and controls.
In conclusion, while on-chain proof of reserves via public addresses offers a tantalizing level of openness, it must be approached with extreme caution. For most public companies, the smart strategy is to balance transparency with security: verify and show investors that assets exist and are sufficient, but do so in a controlled manner that doesn’t compromise the very assets you’re trying to protect. As the industry matures, we can expect more refined proof-of-reserve practices that satisfy the demand for honesty and solvency verification without unduly endangering the enterprise. Until then, companies will continue to tread carefully, mindful that transparency is only truly valuable when it doesn’t come at the price of security and trust.
Sources:
• Grayscale statement on refusal to share on-chain proof-of-reserves  • Community analysis identifying Grayscale’s wallet addresses  • Cointelegraph – Crypto.com’s mistaken 320k ETH transfer spotted via on-chain proof-of-reserves   • Axios – Binance wallet “commingling” error observed on-chain   • Michael Saylor’s remarks on security risks of publishing wallet addresses    • SEC Acting Chief Accountant on limitations of proof-of-reserves reports  • Nasdaq (Bitcoin for Corporations) – argument for corporate transparency & proof-of-reserves    • 1inch Security Blog – explanation of dusting attacks and privacy loss via address linking 
-
@ 3eba5ef4:751f23ae
2025-05-30 01:52:38Crypto Insights
No Blind Trust : A New Proposal for Manually Creating Mnemonics
Eric Kvam proposed an improved method for generating and recovering seed phrase mnemonics. The goal is to allow users to create seed phrases manually and securely, eliminating reliance on a black box. It also allows for encoding derivation path in the mnemonics to simplify recovery.
Facing Spam: Are P2P Networks Fundamentally at a Disadvantage?
The author argues that P2P permissionless networks like Bitcoin and Nostr face a structural disadvantage in dealing with spam. In broadcast-style networks, spammers are often more motivated than regular users making P2P value transfers. Simply increasing the cost per action is not enough to deter spam, as the value gained by spammers far exceeds that of regular users. In contrast, mainstream internet spam control relies on identifying users and punishing bad behavior, but this goes against Bitcoin’s principles of decentralization and privacy. The author worries that without an effective solution, genuine users may eventually be pushed out while spammers persist.
Bitcointap: Real-Time Data Extraction from Bitcoin Core Tracepoints
Jb55 released Bitcointap — a Rust library and CLI tool that leverages Bitcoin Core’s EBPF-USDT tracepoints to extract data in real time, inspired by @0xB10C’s peer_observer project.
- Bitcointap GitHub Repo, and Demo Video
Tradeoffs Between Performance and Privacy in the Lightning Network
The Lightning developer community recently discussed the privacy impact of surfacing granular HTLC hold times via attributable failures. Carla followed up with further reflections, exploring how forwarding delays impact payment privacy. She also pointed out that no privacy-preserving forwarding delay mechanism is currently deployed in the Lightning Network.
Parasite Pool: A New Open Source Pool for Pleb Bitcoin Mining
Ordinal Maxi Biz founder ZK Shark has launched Parasite Pool, an open-source Bitcoin mining pool aimed at pleb miners who want to contribute to Bitcoin decentralization. It supports Lightning Network payouts, has a low entry threshold of just 10 sats, and allows individuals to earn directly and instantly. Its “Plebs Eat First” reward structure gives 1 BTC to the block finder, while the remaining 2.125 BTC and transaction fees are distributed via Lightning to pooled workers, making it especially attractive to plebs. Parasite Pool’s current hashrate is only 5 PH/s, representing just 0.000006% of the Bitcoin network—projected to take over 3 years to mine a block at current rates.
BitVMX Unveils 2025 Roadmap
BitVMX released its roadmap for 2025, outlining five core tracks: Research, Implementation, Security, Platform Integration, and Education & Outreach.
Top Reads on Blockchain and Beyond
The Cathedral and the Bazaar in the Age of AI Agents: Crypto’s Role in Low-Trust Environments
Borrowing the metaphor of "The Cathedral and the Bazaar," the author suggests that the network architecture of the AI agent era resembles a Linux-style open bazaar. In this model, countless untrusted agents with development capabilities provide services to one another through inter-agent calls, forming a loosely coordinated network. This low-trust environment is where cryptographic technologies shine—enabling value exchange without requiring trust. As such, crypto becomes a foundational component of this new AI-powered bazaar.
A Look Back at the 2015 Bitcoin Spam Attacks: Consensus Shifts and Today’s OP_Return Debate
BitMex’s article recounts four waves of spam attacks on Bitcoin in the summer of 2015, launched by a London-based company CoinWallet.EU. These spam floods severely degraded the user experience for Bitcoin payments, especially during the third wave from July 7 to July 11, 2015. The attacks sparked debate around miner filtering of spam transactions and block size limits. BitMex argues these events played a critical role in shaping views on spam mitigation and echo today’s debates over the OP_Return relay limit.
5-Step Survival Guide for Personal Data Breaches
a16z’s guide outlines immediate and long-term responses after a personal data breach:
1. Act Immediately
-
Freeze your credit to prevent identity theft.
-
Strengthen multi-factor authentication (MFA): Prefer app-based or hardware key methods over SMS. Enable SIM protection with your telecom provider.
-
Replace compromised IDs: Contact relevant authorities.
2. Strengthen Online Account Security
-
For Apple and Google accounts, enable advanced protections (e.g., Google Advanced Protection, Passkeys, YubiKey).
-
Use a password manager; consider offline tools like KeePass, or services like Bitwarden and 1Password.
3. Secure Your Phone
-
iPhone users: Set a strong alphanumeric password, enable Find My iPhone, activate Stolen Device Protection, and require Face ID for sensitive apps.
-
Android users: Use a strong password or biometrics, enable Find My Device, activate theft detection lock and identity checks.
4. Defend Against Social Engineering
- Watch for phishing scams, suspicious login notifications, or fake calls/texts pretending to be from financial institutions.
5. Monitor Your Social Media Accounts
- Regularly check account access. If locked out, contact support immediately.
-
@ dfa02707:41ca50e3
2025-05-30 05:01:51Headlines
- Twenty One Capital is set to launch with over 42,000 BTC in its treasury. This new Bitcoin-native firm, backed by Tether and SoftBank, is planned to go public via a SPAC merger with Cantor Equity Partners and will be led by Jack Mallers, co-founder and CEO of Strike. According to a report by the Financial Times, the company aims to replicate the model of Michael Saylor with his company, MicroStrategy.
- Florida's SB 868 proposes a backdoor into encrypted platforms. The bill and its House companion have both passed through their respective committees and are headed to a full vote. If enacted, SB 868 would require social media companies to decrypt teens' private messages, ban disappearing messages, allow unrestricted parental access to private messages, and likely eliminate encryption for all minors altogether.
- Paul Atkins has officially assumed the role of the 34th Chairman of the US Securities and Exchange Commission (SEC). This is a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 under the George W. Bush administration. He has committed to advancing the SEC’s mission of fostering capital formation, safeguarding investors, and ensuring fair and efficient markets.
- Solosatoshi.com has sold over 10,000 open-source miners, adding more than 10 PH of hashpower to the Bitcoin network.
"Thank you, Bitaxe community. OSMU developers, your brilliance built this. Supporters, your belief drives us. Customers, your trust powers 10,000+ miners and 10PH globally. Together, we’re decentralizing Bitcoin’s future. Last but certainly not least, thank you@skot9000 for not only creating a freedom tool, but instilling the idea into thousands of people, that Bitcoin mining can be for everyone again," said the firm on X.
- OCEAN's DATUM has found 100 blocks. "Over 65% of OCEAN’s miners are using DATUM, and that number is growing every day. This means block template construction is making its way back into the hands of the miners, which is not only the most profitable for miners on OCEAN but also one of the best things for Bitcoin," stated the mining pool.
Source: orangesurf
- Arch Labs has secured $13 million to develop "ArchVM" and integrate smart-contract functionality with Bitcoin. The funding round, valuing the company at $200 million, was led by Pantera Capital, as announced on Tuesday.
- Tesla still holds nearly $1 billion in bitcoin. According to the automaker's latest earnings report, the firm reported digital asset holdings worth $951 million as of March 31.
- The European Central Bank is pushing for amendments to the European Union's Markets in Crypto Assets legislation (MiCA), just months after its implementation. According to Politico's report on Tuesday, the ECB is concerned that U.S. support for cryptocurrency, particularly stablecoins, could cause economic harm to the 27-nation bloc.
- TABConf 2025 is scheduled to take place from October 13-16, 2025. This prominent technical Bitcoin conference is dedicated to community building, education, and developer support, and it is set to return in October. Get your tickets here.
- Kaduna Lightning Development Bootcamp. From May 14th to 17th, the Bitcoin Lightning Developer Bootcamp will take place in Kaduna, Nigeria. Thisevent offers four dynamic days of coding, learning, and networking. Organized by Africa Free Routing and supported by Btrust, Tether, and African Bitcoiners, this bootcamp is designed as a gateway for African developers eager to advance their skills in Bitcoin and Lightning development. Apply here.
Source: African Bitcoiners.
Use the tools
- Core Lightning (CLN) v25.02.2 as been released to fix a broken Docker image. The issue was caused by an SQLite version that did not support an advanced query.
- Blitz wallet v0.4.4-beta introduces several updates and improvements, including the prevention of duplicate ecash payments, fixes for background ecash invoice handling, the ability for users to send payments to BOLT12 invoices from their Liquid balance, support for Blink QR codes, a lowered minimum amount for Lightning-to-Liquid payments to 100 sats, the option to initiate a node sync via a swipe gesture on the wallet's home screen, and the introduction of opt-in or opt-out functionality for newly implemented crash analytics via settings.
- Utreexo v0.5.0, a hash-based dynamic accumulator, is now available.
- Specter v2.1.1 is now available on StartOS. "This update brings compatibility with Bitcoin Core v28 and incorporates several upstream improvements," said developer Alex71btc.
- ESP-Miner (AxeOS) v2.7.0b1 is now available for testing.
- NodeGuard v0.16.1, a treasury management solution for Lightning nodes, has been released.
- The latest stacker.news updates include prompts to add a receiving wallet when posting or making comments (for new users), an option to randomize poll choices, improved URL search, and a few other enhancements. A bug fix for territories created after 9/19/24 has been implemented to reward 70% of their revenue to owners instead of 50%.
Other stuff
- The April edition of the 256 Foundation's newsletter is now available. It includes the latest mining news, Bitcoin network health updates, project developments, and a tutorial on how to update FutureBit's Apollo 1 to the Apollo 2 software.
- Siggy47 has posted a comprehensive RoboSats guide on stacker.news.
- Learn how to run your own Nostr relay using Citrine and Cloudflare Tunnels by following this step-by-step guide by Dhalism.
- Max Guise has written a Bitkey roadmap update for April 2025.
-
PlebLab has uploaded a video on how to build a Rust wallet with LDK Node by Ben Carman.
-
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@ 21c71bfa:e28fa0f6
2025-05-29 14:50:44Book *Mcleodganj to Amritsar cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
-
@ 21c71bfa:e28fa0f6
2025-05-29 14:50:23Book *Manali to Amritsar cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
-
@ 3eba5ef4:751f23ae
2025-05-30 01:45:18加密洞见
无需盲信系统:手动创建助记词的新提案
开发者 Eric Kvam 提出了一种改进助记词生成和恢复流程的方法,目的是让用户能够手动、安全地生成种子短语助记词,从不必信任「黑盒」,并在助记词中编码派生路径以简化恢复过程。
应对垃圾信息,P2P 网络存在固有劣势?
作者认为,比特币和 Nostr 等类似 P2P 无许可网络在应对垃圾信息问题上存在固有劣势。由于广播式网络的特性,垃圾信息发送者在动机上远强于正常点对点价值传递的用户,仅通过提高每笔操作的成本难以有效遏制垃圾信息,因为垃圾发送者从中获得的价值远高于普通用户。相比之下,互联网主流是通过识别用户身份、并对不良行为实施惩罚的方式来治理垃圾信息,但这种方式违背了比特币的去中心化和隐私保护原则,并导致了严重的隐私侵犯。作者担心,如果不能有效解决垃圾信息问题,比特币等网络的正常用户可能会被迫离开,而垃圾发送者仍会留下。
Bitcointap:利用比特币核心跟踪点,实时提取数据
开发者 jb55 推出 bitcointap——一个 Rust 库和 CLI 工具。它利用 Bitcoin-Core 的 EBPF-USDT 跟踪点,实现数据的实时提取。Bitcointap 的开发受到 @0xB10C 的 peer_observer 项目的启发。
- Bitcointap 的 GitHub Repo,以及 Demo Video
闪电网络中性能和隐私间的权衡
闪电网络开发者社区最近讨论到 Pivacy impact of surfacing granular HTLC hold times via attributable failures 这一问题。Carla 对此进行了后续思考,进一步研究了转发延迟(forwarding delays)机制对付款隐私的影响。她也指出,现在的闪电网络中并没有部署任何转发延迟的隐私保护。
面向草根挖矿的新开源矿池 Parasite Pool
Ordinal Maxi Biz 创始人 ZK Shark 推出开源比特币矿池 Parasite Pool,专为希望为比特币去中心化做出贡献的家庭矿工而建。支持闪电网络支付,门槛低至 10 聪,允许个人直接即时赚钱。它有一个「平民先吃」(Plebs Eat First)的奖励结构,将 1 BTC 奖励给找到区块的人,并将剩余的 2.125 BTC 加上手续费通过闪电支付分配给其余非获胜参与者。小规模矿工由此可以获得相对于其哈希算力的巨额奖励,这让 Parasite Pool 对他们而言特别具有吸引力。目前 Parasite Pool 指向矿池的哈希率只有 5 PH/s,只占整个比特币网络的 0.000006%,预计可能需要 3 年多才能到达一个区块。
BitVMX 公布 2025 路线图
BitVMX 公布了 2025 年路线图,呈现了在研究、实施、安全、平台集成以及教育和对外扩展五条核心轨道上的计划:
精彩无限,不止于链
AI 代理时代的大教堂与集市,加密技术在低信任场景中的未来
作者借用经典的「大教堂与集市」比喻,认为 AI 代理时代的网络形态是一个 Linux 式的开放集市——这里会有大量具有独立开发能力的自动代理人,通过相互调用,为彼此提供服务,由此形成松散的协作网络。这样一个低信任的场景,正是加密技术最擅长的环境———在无需信任的环境中交换价值,因此加密货币将成为 AI 代理人集市中不可或缺的基础要素。
回顾 2015 比特币垃圾邮件攻击:共识变革与当今 OP_Return 辩论的呼应
BitMex 的这篇文章介绍了 2015 年夏天针对比特币的四轮垃圾邮件攻击。这些攻击由一家名为 CoinWallet.EU 的伦敦公司发起。垃圾邮件对当时进行比特币支付的人的用户体验产生了重大的不利影响,尤其是在 2015 年 7 月 7 日至 2015 年 7 月 11 日的第三轮攻击中。这次攻击引发了关于矿工过滤垃圾邮件交易和区块大小限制的辩论。在 BitMex 看来,这次攻击在形成许多人关于如何处理垃圾邮件的观点方面发挥了关键作用,并且与今天关于 OP_Return 中继限制的辩论有有趣的相似之处。
个人数据泄露后的 5 步生存手册
a16z 的这篇指南梳理了在个人数据泄露后,如何立即应对与长期防护,重点包括:
1. 立即采取行动
-
冻结信用:防止身份被盗用开设新账户。
-
加强多因素认证(MFA):在所有金融与社交账户启用 MFA,优先使用 App 或硬件密钥而非短信认证,并向电信商申请 SIM 卡保护。
-
更换身份证件:联系相关部门申请补发。
2. 强化线上账户安全
-
Apple 和 Google账户,启用高级保护措施(如 Google Advanced Protection、Passkeys、YubiKey 等)。
-
使用密码管理器,推荐离线工具 KeePass,或 Bitwarden、1Password 等第三方服务
3. 锁定手机安全
-
iPhone 用户:设置自定义字母数字密码、启用Find My iPhone、开启 Stolen Device Protection,敏感应用要求Face ID。
-
Android用户:设置强密码或生物识别、启用Find My Device、开启盗窃检测锁和身份检查。
4. 防范社交工程攻击
- 警惕钓鱼诈骗、可疑登录通知、冒充金融机构的短信或电话。
5. 监控社交媒体账户
- 定期确认账户存取权,若被锁定立即联系客户服务。
-
@ 21c71bfa:e28fa0f6
2025-05-29 14:50:05Book *Amritsar to Phagwara cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
-
@ dfa02707:41ca50e3
2025-05-30 05:01:50Contribute to keep No Bullshit Bitcoin news going.
- Wasabi Wallet v2.6.0 "Prometheus" is a major update for the project, focused on resilience and independence from centralized systems.
- Key features include support for BIP 158 block filters for direct node synchronization, a revamped full node integration for easier setup without third-party reliance, SLIP 39 share backups for flexible wallet recovery (sponsored by Trezor), and a Nostr-based update manager for censorship-resistant updates.
- Additional improvements include UI bug fixes, a new fallback for transaction broadcasting, updated code signing, stricter JSON serialization, and options to avoid third-party rate providers, alongside various under-the-hood enhancements.
This new version brings us closer to our ultimate goal: ensuring Wasabi is future-proof," said the developers, while also highlighting the following key areas of focus for the project:
- Ensuring users can always fully and securely use their client.
- Making contribution and forks easy through a codebase of the highest quality possible: understandable, maintainable, and improvable.
"As we achieve our survival goals, expect more cutting-edge improvements in Bitcoin privacy and self-custody. Thank you for the trust you place in us by using Wasabi," was stated in the release notes.
What's new
- Support for Standard BIP 158 Block Filters. Wasabi now syncs using BIP 158 filters without a backend/indexer, connecting directly to a user's node. This boosts sync speed, resilience, and allows full sovereignty without specific server dependency.
- Full Node Integration Rework. The old integration has been replaced with a simpler, more adaptable system. It’s not tied to a specific Bitcoin node fork, doesn’t need the node on the same machine as Wasabi, and requires no changes to the node’s setup.
- "Simply enable the RPC server on your node and point Wasabi to it," said the developers. This ensures all Bitcoin network activities—like retrieving blocks, fee estimations, block filters, and transaction broadcasting—go through your own node, avoiding reliance on third parties.
- Create & Recover SLIP 39 Shares. Users now create and recover wallets with multiple share backups using SLIP 39 standard.
"Special thanks to Trezor (SatoshiLabs) for sponsoring this amazing feature."
- Nostr Update Manager. This version implements a pioneering system with the Nostr protocol for update information and downloads, replacing reliance on GitHub. This enhances the project's resilience, ensuring updates even if GitHub is unavailable, while still verifying updates with the project's secure certificate.
- Updated Avalonia to v11.2.7, fixes for UI bugs (including restoring Minimize on macOS Sequoia).
- Added a configurable third-party fallback for broadcasting transactions if other methods fail.
- Replaced Windows Code Signing Certificate with Azure Trusted Signing.
- Many bug fixes, improved codebase, and enhanced CI pipeline.
- Added the option to avoid using any third-party Exchange Rate and Fee Rate providers (Wasabi can work without them).
- Rebuilt all JSON Serialization mechanisms avoiding default .NET converters. Serialization is now stricter.
Full Changelog: v2.5.1...v2.6.0
-
@ b7274d28:c99628cb
2025-05-27 07:07:33A few months ago, a nostrich was switching from iOS to Android and asked for suggestions for #Nostr apps to try out. nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424 offered the following as his response:
nostr:nevent1qvzqqqqqqypzq0mhp4ja8fmy48zuk5p6uy37vtk8tx9dqdwcxm32sy8nsaa8gkeyqydhwumn8ghj7un9d3shjtnwdaehgunsd3jkyuewvdhk6tcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhszythwden5te0dehhxarj9emkjmn99uqzpwwts6n28eyvjpcwvu5akkwu85eg92dpvgw7cgmpe4czdadqvnv984rl0z
Yes. #Android users are fortunate to have some powerful Nostr apps and tools at our disposal that simply have no comparison over on the iOS side. However, a tool is only as good as the knowledge of the user, who must have an understanding of how best to wield it for maximum effect. This fact was immediately evidenced by replies to Derek asking, "What is the use case for Citrine?" and "This is the first time I'm hearing about Citrine and Pokey. Can you give me links for those?"
Well, consider this tutorial your Nostr starter-kit for Android. We'll go over installing and setting up Amber, Amethyst, Citrine, and Pokey, and as a bonus we'll be throwing in the Zapstore and Coinos to boot. We will assume no previous experience with any of the above, so if you already know all about one or more of these apps, you can feel free to skip that tutorial.
So many apps...
You may be wondering, "Why do I need so many apps to use Nostr?" That's perfectly valid, and the honest answer is, you don't. You can absolutely just install a Nostr client from the Play Store, have it generate your Nostr identity for you, and stick with the default relays already set up in that app. You don't even need to connect a wallet, if you don't want to. However, you won't experience all that Nostr has to offer if that is as far as you go, any more than you would experience all that Italian cuisine has to offer if you only ever try spaghetti.
Nostr is not just one app that does one thing, like Facebook, Twitter, or TikTok. It is an entire ecosystem of applications that are all built on top of a protocol that allows them to be interoperable. This set of tools will help you make the most out of that interoperability, which you will never get from any of the big-tech social platforms. It will provide a solid foundation for you to build upon as you explore more and more of what Nostr has to offer.
So what do these apps do?
Fundamental to everything you do on Nostr is the need to cryptographically sign with your private key. If you aren't sure what that means, just imagine that you had to enter your password every time you hit the "like" button on Facebook, or every time you commented on the latest dank meme. That would get old really fast, right? That's effectively what Nostr requires, but on steroids.
To keep this from being something you manually have to do every 5 seconds when you post a note, react to someone else's note, or add a comment, Nostr apps can store your private key and use it to sign behind the scenes for you. This is very convenient, but it means you are trusting that app to not do anything with your private key that you don't want it to. You are also trusting it to not leak your private key, because anyone who gets their hands on it will be able to post as you, see your private messages, and effectively be you on Nostr. The more apps you give your private key to, the greater your risk that it will eventually be compromised.
Enter #Amber, an application that will store your private key in only one app, and all other compatible Nostr apps can communicate with it to request a signature, without giving any of those other apps access to your private key.
Most Nostr apps for Android now support logging in and signing with Amber, and you can even use it to log into apps on other devices, such as some of the web apps you use on your PC. It's an incredible tool given to us by nostr:npub1w4uswmv6lu9yel005l3qgheysmr7tk9uvwluddznju3nuxalevvs2d0jr5, and only available for Android users. Those on iPhone are incredibly jealous that they don't have anything comparable, yet.
Speaking of nostr:npub1w4uswmv6lu9yel005l3qgheysmr7tk9uvwluddznju3nuxalevvs2d0jr5, the next app is also one of his making.
All Nostr data is stored on relays, which are very simple servers that Nostr apps read notes from and write notes to. In most forms of social media, it can be a pain to get your own data out to keep a backup. That's not the case on Nostr. Anyone can run their own relay, either for the sake of backing up their personal notes, or for others to post their notes to, as well.
Since Nostr notes take up very little space, you can actually run a relay on your phone. I have been on Nostr for almost 2 and a half years, and I have 25,000+ notes of various kinds on my relay, and a backup of that full database is just 24MB on my phone's storage.
Having that backup can save your bacon if you try out a new Nostr client and it doesn't find your existing follow list for some reason, so it writes a new one and you suddenly lose all of the people you were following. Just pop into your #Citrine relay, confirm it still has your correct follow list or import it from a recent backup, then have Citrine restore it. Done.
Additionally, there are things you may want to only save to a relay you control, such as draft messages that you aren't ready to post publicly, or eCash tokens, which can actually be saved to Nostr relays now. Citrine can also be used with Amber for signing into certain Nostr applications that use a relay to communicate with Amber.
If you are really adventurous, you can also expose Citrine over Tor to be used as an outbox relay, or used for peer-to-peer private messaging, but that is far more involved than the scope of this tutorial series.
You can't get far in Nostr without a solid and reliable client to interact with. #Amethyst is the client we will be using for this tutorial because there simply isn't another Android client that comes close, so far. Moreover, it can be a great client for new users to get started on, and yet it has a ton of features for power-users to take advantage of as well.
There are plenty of other good clients to check out over time, such as Coracle, YakiHonne, Voyage, Olas, Flotilla and others, but I keep coming back to Amethyst, and by the time you finish this tutorial, I think you'll see why. nostr:npub1gcxzte5zlkncx26j68ez60fzkvtkm9e0vrwdcvsjakxf9mu9qewqlfnj5z and others who have contributed to Amethyst have really built something special in this client, and it just keeps improving with every update that's shipped.
Most social media apps have some form of push notifications, and some Nostr apps do, too. Where the issue comes in is that Nostr apps are all interoperable. If you have more than one application, you're going to have both of them notifying you. Nostr users are known for having five or more Nostr apps that they use regularly. If all of them had notifications turned on, it would be a nightmare. So maybe you limit it to only one of your Nostr apps having notifications turned on, but then you are pretty well locked-in to opening that particular app when you tap on the notification.
Pokey, by nostr:npub1v3tgrwwsv7c6xckyhm5dmluc05jxd4yeqhpxew87chn0kua0tjzqc6yvjh, solves this issue, allowing you to turn notifications off for all of your Nostr apps, and have Pokey handle them all for you. Then, when you tap on a Pokey notification, you can choose which Nostr app to open it in.
Pokey also gives you control over the types of things you want to be notified about. Maybe you don't care about reactions, and you just want to know about zaps, comments, and direct messages. Pokey has you covered. It even supports multiple accounts, so you can get notifications for all the npubs you control.
One of the most unique and incredibly fun aspects of Nostr is the ability to send and receive #zaps. Instead of merely giving someone a 👍️ when you like something they said, you can actually send them real value in the form of sats, small portions of a Bitcoin. There is nothing quite like the experience of receiving your first zap and realizing that someone valued what you said enough to send you a small amount (and sometimes not so small) of #Bitcoin, the best money mankind has ever known.
To be able to have that experience, though, you are going to need a wallet that can send and receive zaps, and preferably one that is easy to connect to Nostr applications. My current preference for that is Alby Hub, but not everyone wants to deal with all that comes along with running a #Lightning node. That being the case, I have opted to use nostr:npub1h2qfjpnxau9k7ja9qkf50043xfpfy8j5v60xsqryef64y44puwnq28w8ch for this tutorial, because they offer one of the easiest wallets to set up, and it connects to most Nostr apps by just copy/pasting a connection string from the settings in the wallet into the settings in your Nostr app of choice.
Additionally, even though #Coinos is a custodial wallet, you can have it automatically transfer any #sats over a specified threshold to a separate wallet, allowing you to mitigate the custodial risk without needing to keep an eye on your balance and make the transfer manually.
Most of us on Android are used to getting all of our mobile apps from one souce: the Google Play Store. That's not possible for this tutorial series. Only one of the apps mentioned above is available in Google's permissioned playground. However, on Android we have the advantage of being able to install whatever we want on our device, just by popping into our settings and flipping a toggle. Indeed, thumbing our noses at big-tech is at the heart of the Nostr ethos, so why would we make ourselves beholden to Google for installing Nostr apps?
The nostr:npub10r8xl2njyepcw2zwv3a6dyufj4e4ajx86hz6v4ehu4gnpupxxp7stjt2p8 is an alternative app store made by nostr:npub1wf4pufsucer5va8g9p0rj5dnhvfeh6d8w0g6eayaep5dhps6rsgs43dgh9 as a resource for all sorts of open-source apps, but especially Nostr apps. What is more, you can log in with Amber, connect a wallet like Coinos, and support the developers of your favorite Nostr apps directly within the #Zapstore by zapping their app releases.
One of the biggest features of the Zapstore is the fact that developers can cryptographically sign their app releases using their Nostr keys, so you know that the app you are downloading is the one they actually released and hasn't been altered in any way. The Zapstore will warn you and won't let you install the app if the signature is invalid.
Getting Started
Since the Zapstore will be the source we use for installing most of the other apps mentioned, we will start with installing the Zapstore.
We will then use the Zapstore to install Amber and set it up with our Nostr account, either by creating a new private key, or by importing one we already have. We'll also use it to log into the Zapstore.
Next, we will install Amethyst from the Zapstore and log into it via Amber.
After this, we will install Citrine from the Zapstore and add it as a local relay on Amethyst.
Because we want to be able to send and receive zaps, we will set up a wallet with CoinOS and connect it to Amethyst and the Zapstore using Nostr Wallet Connect.
Finally, we will install Pokey using the Zapstore, log into it using Amber, and set up the notifications we want to receive.
By the time you are done with this series, you will have a great head-start on your Nostr journey compared to muddling through it all on your own. Moreover, you will have developed a familiarity with how things generally work on Nostr that can be applied to other apps you try out in the future.
Continue to Part 2: The Zapstore. Nostr Link: nostr:naddr1qvzqqqr4gupzpde8f55w86vrhaeqmd955y4rraw8aunzxgxstsj7eyzgntyev2xtqydhwumn8ghj7un9d3shjtnzwf5kw6r5vfhkcapwdejhgtcqp5cnwdphxv6rwwp3xvmnzvqgty5au
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@ 3c559080:a053153e
2025-05-25 20:26:43So firstly you should find an emulator for whatever you want to play on. There are many for desktop and mobile devices. Checkhere for a list of all the available consoles and their various emulators.
Next what game do you want to play? This is the like the homepage for a shit ton of roms.
Some of the more popular roms are there and other various list like Sony Nintendo
After narrowing down your selection you will end up on myrient i assume this is just some dope person hosting all these so if you get some use out of it, think of donating they even take corn, but other shitcoins too (but thats not the focus here)
Once you download the Rom of the game you want, you will get a compressed (zip) folder, unzip it and within it will be the rom, most systems will identify your emulator and use it open the game. If not, launch the emulator and within it should be an option to open a file, open the file in the unzipped folder.
Enjoy So you want to Mod?
So every Mod, is a mod for a specific game [ex. Pokemon Blue, Pokemon FireRed, Super Mario Bros.] so it requires you to get the Rom for that base game, the mod itself, and a tool to patch it.
There is an online tool to easily patch the mod to the ROM. IMPORTANT, this will not change any naming, Id recommend having a folder with the base game roms, and a folder for the mods, and lastly a folder for the newly modded roms. Make sure to name or just save the game in modded roms folder after the patch.
Below are a few resource to find various Pokemon Rom mods(sometimes called hacks)
Personally, Pokemon Unbound is considered the best most polished hack. it runs on Pokemon Fire Red.
Pokemon Emerald Rouge is a cool take on the popular Rougelite genre. This runs on base game Pokemon Emerald
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@ dfa02707:41ca50e3
2025-05-30 05:01:50Contribute to keep No Bullshit Bitcoin news going.
- RoboSats v0.7.7-alpha is now available!
NOTE: "This version of clients is not compatible with older versions of coordinators. Coordinators must upgrade first, make sure you don't upgrade your client while this is marked as pre-release."
- This version brings a new and improved coordinators view with reviews signed both by the robot and the coordinator, adds market price sources in coordinator profiles, shows a correct warning for canceling non-taken orders after a payment attempt, adds Uzbek sum currency, and includes package library updates for coordinators.
Source: RoboSats.
- siggy47 is writing daily RoboSats activity reviews on stacker.news. Check them out here.
- Stay up-to-date with RoboSats on Nostr.
What's new
- New coordinators view (see the picture above).
- Available coordinator reviews signed by both the robot and the coordinator.
- Coordinators now display market price sources in their profiles.
Source: RoboSats.
- Fix for wrong message on cancel button when taking an order. Users are now warned if they try to cancel a non taken order after a payment attempt.
- Uzbek sum currency now available.
- For coordinators: library updates.
- Add docker frontend (#1861).
- Add order review token (#1869).
- Add UZS migration (#1875).
- Fixed tests review (#1878).
- Nostr pubkey for Robot (#1887).
New contributors
Full Changelog: v0.7.6-alpha...v0.7.7-alpha
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@ dfa02707:41ca50e3
2025-05-30 05:01:50Contribute to keep No Bullshit Bitcoin news going.
News
- Spiral welcomes Ben Carman. The developer will work on the LDK server and a new SDK designed to simplify the onboarding process for new self-custodial Bitcoin users.
- Spiral renews support for Dan Gould and Joschisan. The organization has renewed support for Dan Gould, who is developing the Payjoin Dev Kit (PDK), and Joschisan, a Fedimint developer focused on simplifying federations.
- The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation. The annual dues from these corporate members fund the small team of open-source developers responsible for maintaining the core BDK libraries and related free and open-source software (FOSS) projects.
- The European Central Bank is pushing for amendments to the European Union's Markets in Crypto Assets legislation (MiCA), just months after its implementation. According to Politico's report on Tuesday, the ECB is concerned that U.S. support for cryptocurrency, particularly stablecoins, could cause economic harm to the 27-nation bloc.
- Slovenia is considering a 25% capital gains tax on Bitcoin profits for individuals. The Ministry of Finance has proposed legislation to impose this tax on gains from cryptocurrency transactions, though exchanging one cryptocurrency for another would remain exempt. At present, individual 'crypto' traders in Slovenia are not taxed.
- The Virtual Asset Service Providers (VASP) Bill 2025 introduced in Kenya. The new legislation aims to establish a comprehensive legal framework for licensing, regulating, and supervising virtual asset service providers (VASPs), with strict penalties for non-compliant entities.
- Circle, BitGo, Coinbase, and Paxos plan to apply for U.S. bank charters or licenses. According to a report in The Wall Street Journal, major crypto companies are planning to apply for U.S. bank charters or licenses. These firms are pursuing limited licenses that would permit them to issue stablecoins, as the U.S. Congress deliberates on legislation mandating licensing for stablecoin issuers.
"Established banks, like Bank of America, are hoping to amend the current drafts of [stablecoin] legislation in such a way that nonbanks are more heavily restricted from issuing stablecoins," people familiar with the matter told The Block.
- Paul Atkins has officially assumed the role of the 34th Chairman of the US Securities and Exchange Commission (SEC). This is a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 under the George W. Bush administration. He has committed to advancing the SEC’s mission of fostering capital formation, safeguarding investors, and ensuring fair and efficient markets.
- Federal Reserve retracts guidance discouraging banks from engaging in 'crypto.' The U.S. Federal Reserve withdrew guidance that discouraged banks from crypto and stablecoin activities, as announced by its Board of Governors on Thursday. This includes rescinding a 2022 supervisory letter requiring prior notification of crypto activities and 2023 stablecoin requirements.
"As a result, the Board will no longer expect banks to provide notification and will instead monitor banks' crypto-asset activities through the normal supervisory process," reads the FED statement.
- Russian government to launch a cryptocurrency exchange. The country's Ministry of Finance and Central Bank announced plans to establish a trading platform for "highly qualified investors" that "will legalize crypto assets and bring crypto operations out of the shadows."
- Twenty One Capital is set to launch with over 42,000 BTC in its treasury. This new Bitcoin-native firm, backed by Tether and SoftBank, is planned to go public via a SPAC merger with Cantor Equity Partners and will be led by Jack Mallers, co-founder and CEO of Strike. According to a report by the Financial Times, the company aims to replicate the model of Michael Saylor with his company, MicroStrategy.
- Strategy increases Bitcoin holdings to 538,200 BTC. In the latest purchase, the company has spent more than $555M to buy 6,556 coins through proceeds of two at-the-market stock offering programs.
- Metaplanet buys another 145 BTC. The Tokyo-listed company has purchased an additional 145 BTC for $13.6 million. Their total bitcoin holdings now stand at 5,000 coins, worth around $428.1 million.
- Semler Scientific has increased its bitcoin holdings to 3,303 BTC. The company acquired an additional 111 BTC at an average price of $90,124. The purchase was funded through proceeds from an at-the-market offering and cash reserves, as stated in a press release.
- Tesla still holds nearly $1 billion in bitcoin. According to the automaker's latest earnings report, the firm reported digital asset holdings worth $951 million as of March 31.
- Spar supermarket experiments with Bitcoin payments in Zug, Switzerland. The store has introduced a new payment method powered by the Lightning Network. The implementation was facilitated by DFX Swiss, a service that supports seamless conversions between bitcoin and legacy currencies.
- Charles Schwab to launch spot Bitcoin trading by 2026. The financial investment firm, managing over $10 trillion in assets, has revealed plans to introduce spot Bitcoin trading for its clients within the next year.
- Arch Labs has secured $13 million to develop "ArchVM" and integrate smart-contract functionality with Bitcoin. The funding round, valuing the company at $200 million, was led by Pantera Capital, as announced on Tuesday.
- Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge utilizes the BitVM2 programming language to inherit validity from Bitcoin, allegedly providing "the safest and most trust-minimized way to use BTC in decentralized finance."
- UAE-based Islamic bank ruya launches Shari’ah-compliant bitcoin investing. The bank has become the world’s first Islamic bank to provide direct access to virtual asset investments, including Bitcoin, via its mobile app, per Bitcoin Magazine.
- Solosatoshi.com has sold over 10,000 open-source miners, adding more than 10 PH of hashpower to the Bitcoin network.
"Thank you, Bitaxe community. OSMU developers, your brilliance built this. Supporters, your belief drives us. Customers, your trust powers 10,000+ miners and 10PH globally. Together, we’re decentralizing Bitcoin’s future. Last but certainly not least, thank you@skot9000 for not only creating a freedom tool, but instilling the idea into thousands of people, that Bitcoin mining can be for everyone again," said the firm on X.
- OCEAN's DATUM has found 100 blocks. "Over 65% of OCEAN’s miners are using DATUM, and that number is growing every day. This means block template construction is making its way back into the hands of the miners, which is not only the most profitable
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@ dfa02707:41ca50e3
2025-05-30 05:01:49Contribute to keep No Bullshit Bitcoin news going.
-
Version 1.3 of Bitcoin Safe introduces a redesigned interactive chart, quick receive feature, updated icons, a mempool preview window, support for Child Pays For Parent (CPFP) and testnet4, preconfigured testnet demo wallets, as well as various bug fixes and improvements.
-
Upcoming updates for Bitcoin Safe include Compact Block Filters.
"Compact Block Filters increase the network privacy dramatically, since you're not asking an electrum server to give you your transactions. They are a little slower than electrum servers. For a savings wallet like Bitcoin Safe this should be OK," writes the project's developer Andreas Griffin.
- Learn more about the current and upcoming features of Bitcoin Safe wallet here.
What's new in v1.3
- Redesign of Chart, Quick Receive, Icons, and Mempool Preview (by @design-rrr).
- Interactive chart. Clicking on it now jumps to transaction, and selected transactions are now highlighted.
- Speed up transactions with Child Pays For Parent (CPFP).
- BDK 1.2 (upgraded from 0.32).
- Testnet4 support.
- Preconfigured Testnet demo wallets.
- Cluster unconfirmed transactions so that parents/children are next to each other.
- Customizable columns for all tables (optional view: Txid, Address index, and more)
- Bug fixes and other improvements.
Announcement / Archive
Blog Post / Archive
GitHub Repo
Website -
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@ dfa02707:41ca50e3
2025-05-30 05:01:49Contribute to keep No Bullshit Bitcoin news going.
- "Today we're launching the beta version of our multiplatform Nostr browser! Think Google Chrome but for Nostr apps. The beta is our big first step toward this vision," announced Damus.
- This version comes with the Dave Nostr AI assistant, support for zaps and the Nostr Wallet Connect (NWC) wallet interface, full-text note search, GIFs and fullscreen images, multiple media uploads, user tagging, relay list and mute list support, along with a number of other improvements."
"Included in the beta is the Dave, the Nostr AI assistant (its Grok for Nostr). Dave is a new Notedeck browser app that can search and summarize notes from the network. For a full breakdown of everything new, check out our beta launch video."
What's new
- Dave Nostr AI assistant app.
- GIFs.
- Fulltext note search.
- Add full screen images, add zoom, and pan.
- Zaps! NWC/ Wallet UI.
- Introduce last note per pubkey feed (experimental).
- Allow multiple media uploads per selection.
- Major Android improvements (still WIP).
- Added notedeck app sidebar.
- User Tagging.
- Note truncation.
- Local network note broadcast, broadcast notes to other notedeck notes while you're offline.
- Mute list support (reading).
- Relay list support.
- Ctrl-enter to send notes.
- Added relay indexing (relay columns soon).
- Click hashtags to open hashtag timeline.
- Fixed timelines sometimes not updating (stale feeds).
- Fixed UI bounciness when loading profile pictures
- Fixed unselectable post replies.
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@ 21c71bfa:e28fa0f6
2025-05-29 14:49:42Book *Chandigarh to Amritsar cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
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@ 21c71bfa:e28fa0f6
2025-05-29 14:49:20Book *Amritsar to Pathankot cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
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@ 21c71bfa:e28fa0f6
2025-05-29 14:49:01Book *Amritsar to Manali cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
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@ dfa02707:41ca50e3
2025-05-30 05:01:49News
- Wallet of Satoshi teases a comeback in the US market with a non-custodial product. According to an announcement on X, the widely popular custodial Lightning wallet is preparing to re-enter the United States market with a non-custodial wallet. It is unclear whether the product will be open-source, but the project has clarified that "there will be no KYC on any Wallet of Satoshi, ever!" Wallet of Satoshi ceased serving customers in the United States in November 2023.
- Vulnerability disclosure: Remote crash due to addr message spam in Bitcoin Core versions before v29. Bitcoin Core developer Antoine Poinsot disclosed an integer overflow bug that crashes a node if spammed with addr messages over an extended period. A fix was released on April 14, 2025, in Bitcoin Core v29.0. The issue is rated Low severity.
- Coinbase Know Your Customer (KYC) data leak. The U.S. Department of Justice, including its Criminal Division in Washington, is investigating a cyberattack on Coinbase. The incident involved cybercriminals attempting to extort $20 million from Coinbase to prevent stolen customer data from being leaked online. Although the data breach affected less than 1% of the exchange's users, Coinbase now faces at least six lawsuits following the revelation that some customer support agents were bribed as part of the extortion scheme.
- Fold has launched Bitcoin Gift Cards, enabling users to purchase bitcoin for personal use or as gifts, redeemable via the Fold app. These cards are currently available on Fold’s website and are planned to expand to major retailers nationwide later this year.
"Our mission is to make bitcoin simple and approachable for everyone. The Bitcoin Gift Card brings bitcoin to millions of Americans in a familiar way. Available at the places people already shop, the Bitcoin Gift Card is the best way to gift bitcoin to others," said Will Reeves, Chairman and CEO of Fold.
- Corporate treasuries hold nearly 1.1 million BTC, representing about 5.5% of the total circulating supply (1,082,164 BTC), per BitcoinTreasuries.net data. Recent purchases include Strategy adding 7,390 BTC (total: 576,230 BTC), Metplanet acquiring 1,004 BTC (total: 7,800 BTC), Tether holding over 100,521 BTC, and XXI Capital, led by Jack Mallers, starting with 31,500 BTC.
- Meanwhile, a group of investors has filed a class action lawsuit against Strategy and its executive Michael Saylor. The lawsuit alleges that Strategy made overly optimistic projections using fair value accounting under new FASB rules while downplaying potential losses.
- The U.S. Senate voted to advance the GENIUS stablecoin bill for further debate before a final vote to pass it. Meanwhile, the House is crafting its own stablecoin legislation to establish a regulatory framework for stablecoins and their issuers in the U.S, reports CoinDesk.
- French 'crypto' entrepreneurs get priority access to emergency police services. French Minister of the Interior, Bruno Retailleau, agreed on measures to enhance security for 'crypto' professionals during a meeting on Friday. This follows a failed kidnapping attempt on Tuesday targeting the family of a cryptocurrency exchange CEO, and two other kidnappings earlier this year.
- Brussels Court declares tracking-based ads illegal in EU. The Brussels Court of Appeal ruled tracking-based online ads illegal in the EU due to an inadequate consent model. Major tech firms like Microsoft, Amazon, Google, and X are affected by the decision, as their consent pop-ups fail to protect privacy in real-time bidding, writes The Record.
- Telegram shares data on 22,777 users in Q1 2025, a significant increase from the 5,826 users' data shared during the same period in 2024. This significant increase follows the arrest of CEO and founder Pavel Durov last year.
- An Australian judge has ruled that Bitcoin is money, potentially exempting it from capital gains tax in the country. If upheld on appeal, this interim decision could lead to taxpayer refunds worth up to $1 billion, per tax lawyer Adrian Cartland.
Use the tools
- Bitcoin Safe v1.3.0 a secure and user-friendly Bitcoin savings wallet for beginners and advanced users, introduces an interactive chart, Child Pays For Parent (CPFP) support, testnet4 compatibility, preconfigured testnet demo wallets, various bug fixes, and other improvements.
- BlueWallet v7.1.8 brings numerous bug fixes, dependency updates, and a new search feature for addresses and transactions.
- Aqua Wallet v0.3.0 is out, offering beta testing for the reloadable Dolphin card (in partnership with Visa) for spending bitcoin and Liquid BTC. It also includes a new Optical Character Recognition (OCR) text scanner to read text addresses like QR codes, colored numbers on addresses for better readability, a reduced minimum for spending and swapping Liquid Bitcoin to 100 sats, plus other fixes and enhancements.
Source: Aqua wallet.
- The latest firmware updates for COLDCARD Mk4 v5.4.3 and Q v1.3.3 are now available, featuring the latest enhancements and bug fixes.
- Nunchuk Android v1.9.68.1 and iOS v1.9.79 introduce support for custom blockchain explorers, wallet archiving, re-ordering wallets on the home screen via long-press, and an anti-fee sniping setting.
- BDK-cli v1.0.0, a CLI wallet library and REPL tool to demo and test the BDK library, now uses bdk_wallet 1.0.0 and integrates Kyoto, utilizing the Kyoto protocol for compact block filters. It sets SQLite as the default database and discontinues support for sled.
- publsp is a new command-line tool designed for Lightning node runners or Lightning Service Providers (LSPs) to advertise liquidity offers over Nostr.
"LSPs advertise liquidity as addressable Kind 39735 events. Clients just pull and evaluate all those structured events, then NIP-17 DM an LSP of their choice to coordinate a liquidity purchase," writes developer smallworlnd.
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Lightning Blinder by Super Testnet is a proof-of-concept privacy tool for the Lightning Network. It enables users to mislead Lightning Service Providers (LSPs) by making it appear as though one wallet is the sender or recipient, masking the original wallet. Explore and try it out here.
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Mempal v1.5.3, a Bitcoin mempool monitoring and notification app for Android, now includes a swipe-down feature to refresh the dashboard, a custom time option for widget auto-update frequency, and a
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@ dfa02707:41ca50e3
2025-05-30 05:01:48Contribute to keep No Bullshit Bitcoin news going.
- This release introduces Payjoin v2 functionality to Bitcoin wallets on Cake, along with several UI/UX improvements and bug fixes.
- The Payjoin v2 protocol enables asynchronous, serverless coordination between sender and receiver, removing the need to be online simultaneously or maintain a server. This simplifies privacy-focused transactions for regular users.
"I cannot speak highly enough of how amazing it has been to work with @bitgould and Jaad from the@payjoindevkit team, they're doing incredible work. None of this would be possible without them and their tireless efforts. PDK made it so much easier to ship Payjoin v2 than it would have been otherwise, and I can't wait to see other wallets jump in and give back to PDK as they implement it like we did," said Seth For Privacy, VP at Cake Wallet.
How to started with Payjoin in Cake Wallet:
- Open the app menu sidebar and click
Privacy
. - Toggle the
Use Payjoin
option. - Now on your receive screen you'll see an option to copy a Payjoin URL
- Bull Bitcoin Wallet v0.4.0 introduced Payjoin v2 support in late December 2024. However, the current implementations are not interoperable at the moment, an issue that should be addressed in the next release of the Bull Bitcoin Wallet.
- Cake Wallet was one of the first wallets to introduce Silent Payments back in May 2024. However, users may encounter sync issues while using this feature at present, which will be resolved in the next release of Cake Wallet.
What's new
- Payjoin v2 implementation.
- Wallet group improvements: Enhanced management of multiple wallets.
- Various bug fixes: improving overall stability and user experience.
- Monero (XMR) enhancements.
Learn more about using, implementing, and understanding BIP 77: Payjoin Version 2 using the
payjoin
crate in Payjoin Dev Kit here. -
@ dfa02707:41ca50e3
2025-05-30 01:02:17Contribute to keep No Bullshit Bitcoin news going.
- "Today we're launching the beta version of our multiplatform Nostr browser! Think Google Chrome but for Nostr apps. The beta is our big first step toward this vision," announced Damus.
- This version comes with the Dave Nostr AI assistant, support for zaps and the Nostr Wallet Connect (NWC) wallet interface, full-text note search, GIFs and fullscreen images, multiple media uploads, user tagging, relay list and mute list support, along with a number of other improvements."
"Included in the beta is the Dave, the Nostr AI assistant (its Grok for Nostr). Dave is a new Notedeck browser app that can search and summarize notes from the network. For a full breakdown of everything new, check out our beta launch video."
What's new
- Dave Nostr AI assistant app.
- GIFs.
- Fulltext note search.
- Add full screen images, add zoom, and pan.
- Zaps! NWC/ Wallet UI.
- Introduce last note per pubkey feed (experimental).
- Allow multiple media uploads per selection.
- Major Android improvements (still WIP).
- Added notedeck app sidebar.
- User Tagging.
- Note truncation.
- Local network note broadcast, broadcast notes to other notedeck notes while you're offline.
- Mute list support (reading).
- Relay list support.
- Ctrl-enter to send notes.
- Added relay indexing (relay columns soon).
- Click hashtags to open hashtag timeline.
- Fixed timelines sometimes not updating (stale feeds).
- Fixed UI bounciness when loading profile pictures
- Fixed unselectable post replies.
-
@ dfa02707:41ca50e3
2025-05-30 05:01:48Contribute to keep No Bullshit Bitcoin news going.
This update brings key enhancements for clarity and usability:
- Recent Blocks View: Added to the Send tab and inspired by Mempool's visualization, it displays the last 2 blocks and the estimated next block to help choose fee rates.
- Camera System Overhaul: Features a new library for higher resolution detection and mouse-scroll zoom support when available.
- Vector-Based Images: All app images are now vectorized and theme-aware, enhancing contrast, especially in dark mode.
- Tor & P2A Updates: Upgraded internal Tor and improved support for pay-to-anchor (P2A) outputs.
- Linux Package Rename: For Linux users, Sparrow has been renamed to sparrowwallet (or sparrowserver); in some cases, the original sparrow package may need manual removal.
- Additional updates include showing total payments in multi-payment transaction diagrams, better handling of long labels, and other UI enhancements.
- Sparrow v2.2.1 is a bug fix release that addresses missing UUID issue when starting Tor on recent macOS versions, icons for external sources in Settings and Recent Blocks view, repackaged
.deb
installs to use older gzip instead of zstd compression, and removed display of median fee rate where fee rates source is set to Server.
Learn how to get started with Sparrow wallet:
Release notes (v2.2.0)
- Added Recent Blocks view to Send tab.
- Converted all bitmapped images to theme aware SVG format for all wallet models and dialogs.
- Support send and display of pay to anchor (P2A) outputs.
- Renamed
sparrow
package tosparrowwallet
andsparrowserver
on Linux. - Switched camera library to openpnp-capture.
- Support FHD (1920 x 1080) and UHD4k (3840 x 2160) capture resolutions.
- Support camera zoom with mouse scroll where possible.
- In the Download Verifier, prefer verifying the dropped file over the default file where the file is not in the manifest.
- Show a warning (with an option to disable the check) when importing a wallet with a derivation path matching another script type.
- In Cormorant, avoid calling the
listwalletdir
RPC on initialization due to a potentially slow response on Windows. - Avoid server address resolution for public servers.
- Assume server address is non local for resolution failures where a proxy is configured.
- Added a tooltip to indicate truncated labels in table cells.
- Dynamically truncate input and output labels in the tree on a transaction tab, and add tooltips if necessary.
- Improved tooltips for wallet tabs and transaction diagrams with long labels.
- Show the address where available on input and output tooltips in transaction tab tree.
- Show the total amount sent in payments in the transaction diagram when constructing multiple payment transactions.
- Reset preferred table column widths on adjustment to improve handling after window resizing.
- Added accessible text to improve screen reader navigation on seed entry.
- Made Wallet Summary table grow horizontally with dialog sizing.
- Reduced tooltip show delay to 200ms.
- Show transaction diagram fee percentage as less than 0.01% rather than 0.00%.
- Optimized and reduced Electrum server RPC calls.
- Upgraded Bouncy Castle, PGPainless and Logback libraries.
- Upgraded internal Tor to v0.4.8.16.
- Bug fix: Fixed issue with random ordering of keystore origins on labels import.
- Bug fix: Fixed non-zero account script type detection when signing a message on Trezor devices.
- Bug fix: Fixed issue parsing remote Coldcard xpub encoded on a different network.
- Bug fix: Fixed inclusion of fees on wallet label exports.
- Bug fix: Increase Trezor device libusb timeout.
Linux users: Note that the
sparrow
package has been renamed tosparrowwallet
orsparrowserver
, and in some cases you may need to manually uninstall the originalsparrow
package. Look in the/opt
folder to ensure you have the new name, and the original is removed.What's new in v2.2.1
- Updated Tor library to fix missing UUID issue when starting Tor on recent macOS versions.
- Repackaged
.deb
installs to use older gzip instead of zstd compression. - Removed display of median fee rate where fee rates source is set to Server.
- Added icons for external sources in Settings and Recent Blocks view
- Bug fix: Fixed issue in Recent Blocks view when switching fee rates source
- Bug fix: Fixed NPE on null fee returned from server
-
@ 21c71bfa:e28fa0f6
2025-05-29 14:48:43Book *Amritsar to Katra cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
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@ 9ca447d2:fbf5a36d
2025-05-30 01:01:57Blackstone, the world’s largest alternative asset manager, has entered the Bitcoin space with a $1.08 million investment in BlackRock’s Bitcoin ETF. This is a big deal for both Wall Street and the Bitcoin world.
Blackstone has made its first direct investment in bitcoin through regulated financial products. A May 20, 2025, SEC filing revealed that the firm purchased 23,094 shares of the iShares Bitcoin Trust (IBIT), BlackRock’s spot Bitcoin exchange-traded fund (ETF).
BlackStone has bought 23,094 shares of BlackRock’s IBIT — SEC
While $1.08 million is a small drop in the bucket compared to Blackstone’s $1.2 trillion in assets under management, this is a big deal for the private equity giant which has been skeptical of bitcoin in the past.
In 2019, the company’s CEO, Steve Schwarzman, said he didn’t understand Bitcoin. “I was raised in a world where someone needs to control currencies,” he said, admitting he struggled to understand the technology.
Fast forward to 2025, and it is now one of the many institutional investors taking bitcoin seriously — but doing so through cautious, regulated channels.
The investment was made through Blackstone’s $2.63 billion Alternative Multi-Strategy Fund (BTMIX), which invests in a wide range of financial instruments.
Instead of buying bitcoin directly, Blackstone chose to get exposure through a bitcoin ETF — which is how many large institutions are approaching the digital asset. Spot Bitcoin ETFs like IBIT allow investors to track the price of bitcoin without having to hold the digital asset itself.
There are several advantages to this approach. ETFs trade like stocks, are regulated by the SEC and take care of complex issues like custody and compliance. This makes them more attractive for firms that are new to Bitcoin or still wary of the risks.
Related: Bitcoin ETFs Provide Convenient Price Exposure, But At What Cost?
Blackstone’s choice of a bitcoin ETF shows how effective these products are at connecting traditional finance to the digital age.
In addition to IBIT, Blackstone also disclosed smaller investments in two other digital-asset-related companies:
- 9,889 shares of the ProShares Bitcoin Strategy ETF (BITO), valued at about $181,166.
- 4,300 shares of Bitcoin Depot Inc. (BTM), a bitcoin ATM operator, worth approximately $6,300.
Together, these are a tiny fraction of Blackstone’s portfolio but show growing interest and exploration into the space.
Since its launch in January 2024, BlackRock’s IBIT ETF has become the top-performing Bitcoin ETF in the U.S. As of mid-May 2025, the fund has seen over $46.1 billion in net inflows with no outflows since early April.
IBIT is ahead of other major ETFs like Fidelity’s FBTC and ARK’s 21Shares Bitcoin ETF.
But the trend is clear: big firms are getting comfortable with regulated bitcoin products. Industry insiders see Blackstone’s move as part of a broader shift in institutional sentiment towards bitcoin.
This is a small investment but it matters because of who is making it. Blackstone is known for being conservative and risk-averse.
Its decision to put even a tiny amount of capital into Bitcoin ETFs means tradfi companies are getting more confident in bitcoin as an asset class. Blackstone is dipping its toe in the water, and even a small step is significant given its size and influence.
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@ cae03c48:2a7d6671
2025-05-30 01:01:23Bitcoin Magazine
Adam Back Said It’s Still Early For the Retail Investors To Buy BitcoinAt the 2025 Bitcoin Conference in Las Vegas, the Head of Firmwide Research at Galaxy Digital Alex Thorn, Founder and Managing Partner of Pantera Capital Dan Morehead, Managing Partner, CEO, CIO of 10T Holdings + 1RoundTable Partners Dan Tapiero and the Co-founder & CEO of Blockstream Adam Back discussed the future of Bitcoin treasury companies.
Dan Tapiero started by sharing his opinion on how he sees Bitcoin in comparison to gold:
“I really have always believed in that physical ownership that the individual has the right and should be able to own his own asset and so I started this physical gold business years ago,” said Tapiero. “I think our focus today is further adoption and the elevation of Bitcoin. I think the understanding of Bitcoin as an important asset.”
Adam Back was asked what he thought about Bitcoin treasury companies and he responded, “in effect, Blockstream is one of the first Bitcoin treasury companies. We have been around since 2014 and we work with our investors to put Bitcoin in a balance sheet back then and since then. I think the way to look at the treasury companies is Bitcoin is effectively the harder rate. It’s very hard to outperform Bitcoin most people that invest in things since Bitcoin around thought I should put that in Bitcoin and not in the other thing.”
Then Adam continued by explaining what treasury companies do.
“That’s why you get companies switching to the Bitcoin standard because it’s the only way for them to keep up with Bitcoin,” stated Back. ”They start with a Bitcoin capital base. They use the operating in-revenue to buy more Bitcoin and then they are able to participate in this kind of micro arbitrage.”
Finishing the panel, Alex Thorn asked, “Five years from now what is the price of Bitcoin?”
Dan Morehead predicted $750,000k, Tapiero $1,000,000 and Back said, “a million easy.”
Adam back closed by saying, “It’s still early for the retail investors.”
You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 2 below:
This post Adam Back Said It’s Still Early For the Retail Investors To Buy Bitcoin first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
-
@ cae03c48:2a7d6671
2025-05-30 01:00:53Bitcoin Magazine
Ark Labs Launches Arkade, a New Native Operating System Using BitcoinArk Labs has officially launched Arkade, a Bitcoin-native execution layer designed to unlock programmable financial applications using Bitcoin as it exists today. The announcement comes after a $2.5 million pre-seed funding round in August 2024, led by Tim Draper with support from Fulgur Ventures and Axiom.
Arkade aims to create a new way to build directly on Bitcoin, letting developers build fast and scalable apps—without needing sidechains, wrapped tokens, or any changes to the core Bitcoin protocol.
“Bitcoin is the world’s hardest, most secure asset, but it remains largely static,” said Marco Argentieri, CEO of Ark Labs. “Arkade virtualizes Bitcoin’s transaction layer, transforming it into a dynamic financial platform where operations happen instantly, programmability is unlocked, and users maintain full control of their assets throughout.”
Arkade is currently being tested on the Bitcoin network with early partners like Tether, Boltz, Breez, and Mempool.space already on board. Arkade maintains Bitcoin’s core security model and avoids alternatives like wrapped tokens or new consensus mechanisms.
Tim Draper, founder and managing partner of Draper Associates, noted: “Bitcoin is fast emerging as the world’s premier digital asset. Arkade’s virtualization approach finally brings the programmability Bitcoin needs to transform from a store of value into a permissionless financial system.”
Ark Labs says demand has been strong since January, with multiple projects requesting integration. The company plans to expand Arkade’s toolkit in the coming months, with support for BTC-collateralized lending, staking primitives, and multi-asset transactions. The launch is scheduled for Q3 2025.
“Bitcoin has always had to balance the desire to scale transaction throughput and complexity with conservatism regarding upgrades,” said Allen Farrington, General Partner at Axiom. “With this exceptionally high bar for worthwhile innovation, and amidst a sea of noise, Ark Labs is bringing to market what may prove to be the most important technical breakthrough in the space since the Lightning Network.”
You can watch the full keynote below.
This post Ark Labs Launches Arkade, a New Native Operating System Using Bitcoin first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
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@ 21c71bfa:e28fa0f6
2025-05-29 14:48:21Book *Amritsar to Kapurthala cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
-
@ dfa02707:41ca50e3
2025-05-30 05:01:48- This version introduces the Soroban P2P network, enabling Dojo to relay transactions to the Bitcoin network and share others' transactions to break the heuristic linking relaying nodes to transaction creators.
- Additionally, Dojo admins can now manage API keys in DMT with labels, status, and expiration, ideal for community Dojo providers like Dojobay. New API endpoints, including "/services" exposing Explorer, Soroban, and Indexer, have been added to aid wallet developers.
- Other maintenance updates include Bitcoin Core, Tor, Fulcrum, Node.js, plus an updated ban-knots script to disconnect inbound Knots nodes.
"I want to thank all the contributors. This again shows the power of true Free Software. I also want to thank everyone who donated to help Dojo development going. I truly appreciate it," said Still Dojo Coder.
What's new
- Soroban P2P network. For MyDojo (Docker setup) users, Soroban will be automatically installed as part of their Dojo. This integration allows Dojo to utilize the Soroban P2P network for various upcoming features and applications.
- PandoTx. PandoTx serves as a transaction transport layer. When your wallet sends a transaction to Dojo, it is relayed to a random Soroban node, which then forwards it to the Bitcoin network. It also enables your Soroban node to receive and relay transactions from others to the Bitcoin network and is designed to disrupt the assumption that a node relaying a transaction is closely linked to the person who initiated it.
- Pushing transactions through Soroban can be deactivated by setting
NODE_PANDOTX_PUSH=off
indocker-node.conf
. - Processing incoming transactions from Soroban network can be deactivated by setting
NODE_PANDOTX_PROCESS=off
indocker-node.conf
.
- Pushing transactions through Soroban can be deactivated by setting
- API key management has been introduced to address the growing number of people offering their Dojos to the community. Dojo admins can now access a new API management tab in their DMT, where they can create unlimited API keys, assign labels for easy identification, and set expiration dates for each key. This allows admins to avoid sharing their main API key and instead distribute specific keys to selected parties.
- New API endpoints. Several new API endpoints have been added to help API consumers develop features on Dojo more efficiently:
- New:
/latest-block
- returns data about latest block/txout/:txid/:index
- returns unspent output data/support/services
- returns info about services that Dojo exposes
- Updated:
/tx/:txid
- endpoint has been updated to return raw transaction with parameter?rawHex=1
- The new
/support/services
endpoint replaces the deprecatedexplorer
field in the Dojo pairing payload. Although still present, API consumers should use this endpoint for explorer and other pairing data.
- New:
Other changes
- Updated ban script to disconnect inbound Knots nodes.
- Updated Fulcrum to v1.12.0.
- Regenerate Fulcrum certificate if expired.
- Check if transaction already exists in pushTx.
- Bump BTC-RPC Explorer.
- Bump Tor to v0.4.8.16, bump Snowflake.
- Updated Bitcoin Core to v29.0.
- Removed unnecessary middleware.
- Fixed DB update mechanism, added api_keys table.
- Add an option to use blocksdir config for bitcoin blocks directory.
- Removed deprecated configuration.
- Updated Node.js dependencies.
- Reconfigured container dependencies.
- Fix Snowflake git URL.
- Fix log path for testnet4.
- Use prebuilt addrindexrs binaries.
- Add instructions to migrate blockchain/fulcrum.
- Added pull policies.
Learn how to set up and use your own Bitcoin privacy node with Dojo here.
-
@ 47259076:570c98c4
2025-05-30 00:35:13In order to see your reflection in the water, the water must be still.
If the water is agitated you can't see yourself clearly.
The same goes with your thoughts.
In order to think clearly, your mind must be still, or at rest.
If your mind is disturbed, you will not think clearly.
What causes the disturbances? Many things, such as: - Expectations - Emotions - Pride - Ignorance and so forth...
I want to focus in expectations in this article.
The problem with expectations is that they may be fulfilled or may not, not only that, they blind you to other opportunities happening right in your face.
If you expect to achieve "success" by going in path X, you will be so focused in this path you will not see that the path Y is better, easier and faster than the path X.
You cannot control anything but yourself.
So why create goals and plans if they can be easily crushed by the unknown?
It is better to surf in the wave of the unknown, rather than swim against it.
Not only that, what you want constantly changes.
I don't know what I will want in 5 minutes, imagine trying to guess what I will want in years.
I may be wrong in what I am saying, but I tried to swim against the unknown and I perished, therefore it's time to fully embrace the unknown, to fully embrace the chaos and see what happens.
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@ 21c71bfa:e28fa0f6
2025-05-29 14:47:56Book *Amritsar to Delhi cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
-
@ 21c71bfa:e28fa0f6
2025-05-29 14:47:33Book *Amritsar to Chandigarh cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
-
@ 8bad92c3:ca714aa5
2025-05-30 05:01:47Marty's Bent
via Kevin McKernan
There's been a lot of discussion this week about Casey Means being nominated for Surgeon General of the United States and a broader overarching conversation about the effectiveness of MAHA since the inauguration and how effective it may or may not be moving forward. Many would say that President Trump won re-election due to Robert F. Kennedy Jr. and Nicole Shanahan deciding to reach across the aisle and join the Trump ticket, bringing with them the MAHA Moms, who are very focused on reorienting the healthcare system in the United States with a strong focus on the childhood vaccine schedule.
I'm not going to lie, this is something I'm passionate about as well, particularly after having many conversations over the years with doctors like Kevin McKernan, Dr. Jack Kruse, Dr. Mary Talley Bowden, Dr. Brooke Miller, Dr. Peter McCullough and others about the dangers of the COVID mRNA vaccines. As it stands today, I think this is the biggest elephant in the room in the world of healthcare. If you look at the data, particularly disability claims, life insurance claims, life expectancy, miscarriage rates, fertility issues and rates of turbo cancer around the world since the COVID vaccine was introduced in 2021, it seems pretty clear that there is harm being done to many of the people who have taken them.
The risk-reward ratio of the vaccines seems to be incredibly skewed towards risk over reward and children - who have proven to be least susceptible to COVID - are expected to get three COVID shots in the first year of their life if their parents follow the vaccine schedule. For some reason or another it seems that Robert F. Kennedy Jr. has shied away from this topic after becoming the head of Health and Human Services within the Trump administration. This is after a multi-year campaign during which getting the vaccines removed from the market war a core part of his platform messaging.
I'm still holding out hope that sanity will prevail. The COVID mRNA vaccines will be taken off the market in a serious conversation about the crimes against humanity that unfolded during the COVID years will take place. However, we cannot depend on that outcome. We must build with the assumption in mind that that outcome may never materialize. This leads to identifying where the incentives within the system are misconstrued. One area where I think it's pretty safe to say that the incentives are misaligned is the fact that 95% of doctors work for and answer to a corporation driven by their bottom line. Instead of listening to their patients and truly caring about the outcome of each individual, doctors forced to think about the monetary outcome of the corporation they work for first.
The most pernicious way in which these misaligned incentives emerge is the way in which the hospital systems and physicians are monetarily incentivized by big pharma companies to push the COVID vaccine and other vaccines on their patients. It is important to acknowledge that we cannot be dependent on a system designed in this way to change from within. Instead, we must build a new incentive system and market structure. And obviously, if you're reading this newsletter, you know that I believe that bitcoin will play a pivotal role in realigning incentives across every industry. Healthcare just being one of them.
Bitcoiners have identified the need to become sovereign in our monetary matters, it probably makes sense to become sovereign when it comes to our healthcare as well. This means finding doctors who operate outside the corporate controlled system and are able to offer services that align incentives with the end patient. My family utilizes a combination of CrowdHealth and a private care physician to align incentives. We've even utilized a private care physician who allowed us to pay in Bitcoin for her services for a number of years. I think this is the model. Doctors accepting hard censorship resistant money for the healthcare and advice they provide. Instead of working for a corporation looking to push pharmaceutical products on their patients so they can bolster their bottom line, work directly with patients who will pay in bitcoin, which will appreciate in value over time.
I had a lengthy discussion with Dr. Jack Kruse on the podcast earlier today discussing these topic and more. It will be released on Thursday and I highly recommend you freaks check it out once it is published. Make sure you subscribe so you don't miss it.
How the "Exorbitant Privilege" of the Dollar is Undermining Our Manufacturing Base
In my conversation with Lyn Alden, we explored America's fundamental economic contradiction. As Lyn expertly explained, maintaining the dollar's reserve currency status while attempting to reshore manufacturing presents a near-impossible challenge - what economists call Triffin's Dilemma. The world's appetite for dollars gives Americans tremendous purchasing power but simultaneously hollows out our industrial base. The overvalued dollar makes our exports less competitive, especially for lower-margin manufacturing, while our imports remain artificially strong.
"Having the reserve currency does come with a bunch of benefits, historically called an exorbitant privilege, but then it has certain costs to maintain it." - Lyn Alden
This dilemma forces America to run persistent trade deficits, as this is how dollars flow to the world. For over four decades, these deficits have accumulated, creating massive economic imbalances that can't be quickly reversed. The Trump administration's attempts to address this through tariffs showcase how difficult rebalancing has become. As Lyn warned, even if we successfully pivot toward reshoring manufacturing, we'll face difficult trade-offs: potentially giving up some reserve currency benefits to rebuild our industrial foundation. This isn't just economic theory - it's the restructuring challenge that will define America's economic future.
Check out the full podcast here for more on China's manufacturing dominance, the role of Bitcoin in monetary transitions, and energy production as the foundation for future industrial power.
Headlines of the Day
Coinbase to replace Discover in S&P 500 on May 19 - via X
Mallers promises no rehypothecation in Strike Bitcoin loans - via X
Get our new STACK SATS hat - via tftcmerch.io
Missouri passes HB 594, eliminates Bitcoin capital gains tax - via X
The 2025 Bitcoin Policy Summit is set for June 25th—and it couldn’t come at a more important time. The Bitcoin industry is at a pivotal moment in Washington, with initiatives like the Strategic Bitcoin Reserve gaining rapid traction. Whether you’re a builder, advocate, academic, or policymaker—we want you at the table. Join us in DC to help define the future of freedom, money & innovation in the 21st century.
Ten31, the largest bitcoin-focused investor, has deployed $150M across 30+ companies through three funds. I am a Managing Partner at Ten31 and am very proud of the work we are doing. Learn more at ten31.vc/invest.
Final thought...
The 100+ degree days have returned to Austin, TX. Not mad about it... yet.
Get this newsletter sent to your inbox daily: https://www.tftc.io/bitcoin-brief/
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@ 21c71bfa:e28fa0f6
2025-05-29 14:47:08Book *Cuttack to Puri cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
-
@ 7f6db517:a4931eda
2025-05-30 00:02:50Bank run on every crypto bank then bank run on every "real" bank.
— ODELL (@ODELL) December 14, 2022
Good morning.
It looks like PacWest will fail today. It will be both the fifth largest bank failure in US history and the sixth major bank to fail this year. It will likely get purchased by one of the big four banks in a government orchestrated sale.
March 8th - Silvergate Bank
March 10th - Silicon Valley Bank
March 12th - Signature Bank
March 19th - Credit Suisse
May 1st - First Republic Bank
May 4th - PacWest Bank?PacWest is the first of many small regional banks that will go under this year. Most will get bought by the big four in gov orchestrated sales. This has been the playbook since 2008. Follow the incentives. Massive consolidation across the banking industry. PacWest gonna be a drop in the bucket compared to what comes next.
First, a hastened government led bank consolidation, then a public/private partnership with the remaining large banks to launch a surveilled and controlled digital currency network. We will be told it is more convenient. We will be told it is safer. We will be told it will prevent future bank runs. All of that is marketing bullshit. The goal is greater control of money. The ability to choose how we spend it and how we save it. If you control the money - you control the people that use it.
If you found this post helpful support my work with bitcoin.
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@ 8bad92c3:ca714aa5
2025-05-30 05:01:47Marty's Bent
via me
It seems like every other day there's another company announced that is going public with the intent of competing with Strategy by leveraging capital markets to create financial instruments to acquire Bitcoin in a way that is accretive for shareholders. This is certainly a very interesting trend, very bullish for bitcoin in the short-term, and undoubtedly making it so bitcoin is top of mind in the mainstream. I won't pretend to know whether or not these strategies will ultimately be successful or fail in the short, medium or long term. However, one thing I do know is that the themes that interest me, both here at TFTC and in my role as Managing Partner at Ten31, are companies that are building good businesses that are efficient, have product-market-fit, generate revenues and profits and roll those profits into bitcoin.
While it seems pretty clear that Strategy has tapped into an arbitrage that exists in capital markets, it's not really that exciting. From a business perspective, it's actually pretty straightforward and simple; find where potential arbitrage opportunities exists between pools of capital looking for exposure to spot bitcoin or bitcoin's volatility but can't buy the actual asset, and provide them with products that give them access to exposure while simultaneously creating a cult-like retail following. Rinse and repeat. To the extent that this strategy is repeatable is yet to be seen. I imagine it can expand pretty rapidly. Particularly if we have a speculative fervor around companies that do this. But in the long run, I think the signal is falling back to first principles, looking for businesses that are actually providing goods and services to the broader economy - not focused on the hyper-financialized part of the economy - to provide value and create efficiencies that enable higher margins and profitability.
With this in mind, I think it's important to highlight the combined leverage that entrepreneurs have by utilizing bitcoin treasuries and AI tools that are emerging and becoming more advanced by the week. As I said in the tweet above, there's never been a better time to start a business that finds product-market fit and cash flows quickly with a team of two to three people. If you've been reading this rag over the last few weeks, you know that I've been experimenting with these AI tools and using them to make our business processes more efficient here at TFTC. I've also been using them at Ten31 to do deep research and analysis.
It has become abundantly clear to me that any founder or entrepreneur that is not utilizing the AI tools that are emerging is going to get left behind. As it stands today, all anyone has to do to get an idea from a thought in your head to the prototype stage to a minimum viable product is to hop into something like Claude or ChatGPT, have a brief conversation with an AI model that can do deep research about a particular niche that you want to provide a good service to and begin building.
Later this week, I will launch an app called Opportunity Cost in the Chrome and Firefox stores. It took me a few hours of work over the span of a week to ideate and iterate on the concept to the point where I had a working prototype that I handed off to a developer who is solving the last mile problem I have as an "idea guy" of getting the product to market. Only six months ago, accomplishing something like this would have been impossible for me. I've never written a line of code that's actually worked outside of the modded MySpace page I made back in middle school. I've always had a lot of ideas but have never been able to effectively communicate them to developers who can actually build them. With a combination of ChatGPT-03 and Replit, I was able to build an actual product that works. I'm using it in my browser today. It's pretty insane.
There are thousands of people coming to the same realization at the same time right now and going out there and building niche products very cheaply, with small teams, they are getting to market very quickly, and are amassing five figures, six figures, sometimes seven figures of MRR with extremely high profit margins. What most of these entrepreneurs have not really caught on to yet is that they should be cycling a portion - in my opinion, a large portion - of those profits into bitcoin. The combination of building a company utilizing these AI tools, getting it to market, getting revenue and profits, and turning those profits into bitcoin cannot be understated. You're going to begin seeing teams of one to ten people building businesses worth billions of dollars and they're going to need to store the value they create, any money that cannot be debased.
Grant Gilliam, one of the co-founders of Ten31, wrote about this in early 2024, bitcoin being the fourth lever of equity value growth for companies.
[
Bitcoin Treasury - The Fourth Lever to Equity Value Growth
Most companies do not hold enough bitcoin There is a saying you often hear in bitcoin circles that “you can never have enough bitcoin.” This is typically expressed by those who have spent the time to both understand bitcoin’s unique and superior monetary properties and also to appreciate why tho
Ten31 - Investors in bitcoin infrastructure and freedom techGrant Gilliam
](https://ten31.vc/insights/treasury?ref=tftc.io)
We already see this theme playing out at Ten31 with some of our portfolio companies, most notably Strike, which recently released some of their financials, highlighting the fact that they're extremely profitable with high margins and a relatively small team (~75). This is extremely impressive, especially when you consider the fact that they're a global company competing with the likes of Coinbase and Block, which have each thousands of employees.
Even those who are paying attention to the developments in the AI space and how the tools can enable entrepreneurs to build faster aren't really grasping the gravity of what's at play here. Many are simply thinking of consumer apps that can be built and distributed quickly to market, but the ways in which AI can be implemented extend far beyond the digital world. Here's a great example of a company a fellow freak is building with the mindset of keeping the team small, utilizing AI tools to automate processes and quickly push profits into bitcoin.
via Cormac
Again, this is where the exciting things are happening in my mind. People leveraging new tools to solve real problems to drive real value that ultimately produce profits for entrepreneurs. The entrepreneurs who decide to save those profits in bitcoin will find that the equity value growth of their companies accelerates exponentially as they provide more value, gain more traction, and increase their profits while also riding the bitcoin as it continues on its monetization phase. The compounded leverage of building a company that leverages AI tools and sweeps profits into bitcoin is going to be the biggest asymmetric play of the next decade. Personally, I also see it as something that's much more fulfilling than the pure play bitcoin treasury companies that are coming to market because consumers and entrepreneurs are able to recive and provide a ton of value in the real economy.
If you're looking to stay on top of the developments in the AI space and how you can apply the tools to help build your business or create a new business, I highly recommend you follow somebody like Greg Isenberg, whose Startup Ideas Podcast has been incredibly valuable for me as I attempt to get a lay of the land of how to implement AI into my businesses.
America's Two Economies
In my recent podcast with Lyn Alden, she outlined how our trade deficits create a cycle that's reshaping America's economic geography. As Alden explained, US trade deficits pump dollars into international markets, but these dollars don't disappear - they return as investments in US financial assets. This cycle gradually depletes industrial heartlands while enriching financial centers on the coasts, creating what amounts to two separate American economies.
"We're basically constantly taking economic vibrancy out of Michigan and Ohio and rural Pennsylvania where the steel mills were... and stuffing it back into financial assets in New York and Silicon Valley." - Lyn Alden
This pattern has persisted for over four decades, accelerating significantly since the early 1980s. Alden emphasized that while economists may argue there's still room before reaching a crisis point, the political consequences are already here. The growing divide between these two Americas has fueled populist sentiment as voters who feel left behind seek economic rebalancing, even if they can't articulate the exact mechanisms causing their hardship.
Check out the full podcast here for more on China's man
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@ dfa02707:41ca50e3
2025-05-30 00:02:45Contribute to keep No Bullshit Bitcoin news going.
- Wasabi Wallet v2.6.0 "Prometheus" is a major update for the project, focused on resilience and independence from centralized systems.
- Key features include support for BIP 158 block filters for direct node synchronization, a revamped full node integration for easier setup without third-party reliance, SLIP 39 share backups for flexible wallet recovery (sponsored by Trezor), and a Nostr-based update manager for censorship-resistant updates.
- Additional improvements include UI bug fixes, a new fallback for transaction broadcasting, updated code signing, stricter JSON serialization, and options to avoid third-party rate providers, alongside various under-the-hood enhancements.
This new version brings us closer to our ultimate goal: ensuring Wasabi is future-proof," said the developers, while also highlighting the following key areas of focus for the project:
- Ensuring users can always fully and securely use their client.
- Making contribution and forks easy through a codebase of the highest quality possible: understandable, maintainable, and improvable.
"As we achieve our survival goals, expect more cutting-edge improvements in Bitcoin privacy and self-custody. Thank you for the trust you place in us by using Wasabi," was stated in the release notes.
What's new
- Support for Standard BIP 158 Block Filters. Wasabi now syncs using BIP 158 filters without a backend/indexer, connecting directly to a user's node. This boosts sync speed, resilience, and allows full sovereignty without specific server dependency.
- Full Node Integration Rework. The old integration has been replaced with a simpler, more adaptable system. It’s not tied to a specific Bitcoin node fork, doesn’t need the node on the same machine as Wasabi, and requires no changes to the node’s setup.
- "Simply enable the RPC server on your node and point Wasabi to it," said the developers. This ensures all Bitcoin network activities—like retrieving blocks, fee estimations, block filters, and transaction broadcasting—go through your own node, avoiding reliance on third parties.
- Create & Recover SLIP 39 Shares. Users now create and recover wallets with multiple share backups using SLIP 39 standard.
"Special thanks to Trezor (SatoshiLabs) for sponsoring this amazing feature."
- Nostr Update Manager. This version implements a pioneering system with the Nostr protocol for update information and downloads, replacing reliance on GitHub. This enhances the project's resilience, ensuring updates even if GitHub is unavailable, while still verifying updates with the project's secure certificate.
- Updated Avalonia to v11.2.7, fixes for UI bugs (including restoring Minimize on macOS Sequoia).
- Added a configurable third-party fallback for broadcasting transactions if other methods fail.
- Replaced Windows Code Signing Certificate with Azure Trusted Signing.
- Many bug fixes, improved codebase, and enhanced CI pipeline.
- Added the option to avoid using any third-party Exchange Rate and Fee Rate providers (Wasabi can work without them).
- Rebuilt all JSON Serialization mechanisms avoiding default .NET converters. Serialization is now stricter.
Full Changelog: v2.5.1...v2.6.0
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@ 21c71bfa:e28fa0f6
2025-05-29 14:46:31Book *Puri to Konark cab* online at best price. CabBazar provides car rental services for all cab types AC, Non AC, Hatchback, SUV, Sedan, Innova and Tempo Traveller. Both One way taxi and round trip cab available at lowest price. Price starts Rs. 9/Km.
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@ 2e8970de:63345c7a
2025-05-29 13:40:19(and that's the highest ever outside the covid era)
https://www.federalreserve.gov/consumerscommunities/sheddataviz/emergency-savings.html
https://stacker.news/items/991909
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@ eb0157af:77ab6c55
2025-05-30 00:02:30Jack Dorsey’s company is bringing bitcoin payments to the retail market through the Lightning Network.
Block — the firm led by Dorsey that owns Square and Bitkey — has officially announced the integration of bitcoin payments into the Square platform, with a full rollout planned for 2026 for all eligible merchants.
Today: we’re accepting bitcoin payments at @TheBitcoinConf
Soon: you can accept bitcoin payments wherever you areDetails here: https://t.co/ko2S9hFpih pic.twitter.com/IYlYV6XM2S
— Square (@Square) May 27, 2025
At the Bitcoin Conference 2025 in Las Vegas, attendees had the chance to preview satoshi payments via Square at BTC Inc.’s merchandise store.
The technology relies on the Lightning Network, the second-layer infrastructure enabling instant, low-cost bitcoin transactions. This approach will allow merchants to accept satoshi payments through their existing Square hardware.
The implementation plan includes an initial launch in the second half of 2025, pending necessary regulatory approvals. The initiative represents a key pillar in the company’s strategy to make bitcoin more accessible for everyday transactions.
Miles Suter, Bitcoin Product Lead at Block, stated:
“Block has long been a champion of bitcoin, focused on making it more accessible and usable in our everyday lives. Rolling out a native bitcoin experience to millions of sellers brings us one step closer to that goal. When a coffee shop or retail store can accept bitcoin through Square, small businesses get paid faster, and get to keep more of their revenue.”
The announcement follows Dorsey’s statement last month confirming that Block was working to integrate BTC as a payment option for both Bitkey and Square.
Alongside the announcement, Block also revealed that Bitkey will introduce new privacy and security features in May, including a legacy recovery option available to all users.
The post Jack Dorsey’s Block to integrate Bitcoin payments into Square appeared first on Atlas21.
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@ 8bad92c3:ca714aa5
2025-05-30 05:01:46Let's dive into the most interesting forward-looking predictions from my recent conversations with industry experts.
Court Cases Against Bitcoin Developers Will Set Critical Precedent for the Industry's Future - Zack Shapiro
The outcome of the Samurai Wallet case will determine whether software developers can be held legally responsible for how users employ their non-custodial Bitcoin tools. Zack Shapiro laid out the stakes clearly: "The precedent that the Bank Secrecy Act can be applied to just software that allows you to move your own money on the Bitcoin blockchain is incredibly dangerous for developers, for node runners, for miners... Basically everyone in the Bitcoin space is at risk here."
According to Shapiro, the government's position in this case fundamentally misunderstands Bitcoin's architecture: "The government says that the defendants transmitted, Keone and Bill transmitted money that they knew belonged to criminals. That's not how a coin join works. The people who transmitted the money are the people that used Whirlpool and the people that used Ricochet. They signed their keys."
Should this prosecution succeed in establishing precedent, Shapiro predicts catastrophic consequences: "If that becomes the law of the land... then basically no actor in the Bitcoin economy is safe. The government's theory is that if you facilitate movement of money, you're a money transmitter, that would reach node runners, wallet developers, miners, lightning routing nodes... whatever tool stack you use, the people who built that are at risk."
With the case continuing despite FinCEN's own position that Samurai's software isn't money transmission, Shapiro believes the resolution will likely come through political rather than legal channels in the next 6-12 months.
Malpractice Around COVID mRNA Vaccines Will Be Exposed Within 2 Years - Dr. Jack Kruse
Dr. Jack Kruse predicts that major revelations about mRNA vaccine damage will force an eventual removal from the market, particularly from childhood vaccination schedules. During our conversation, Dr. Kruse shared alarming statistics: "25,000 kids a month are getting popped with this vaccine. Just so you know, since Trump has been elected, three million doses have been given to children."
According to Dr. Kruse, the scale of this problem dwarfs other health concerns: "The messenger job can drop you like Damar Hamlin, can end your career like JJ Watt, can end your career like all the footballers who've dropped dead on a soccer field." What makes this particularly concerning is the suppression of evidence about the damages, with Dr. Kruse noting that data from Japan showing changes in cancer distribution patterns was pulled, and VAERS data being dismissed despite showing alarming signals.
Dr. Kruse believes the coming years will see an unavoidable reckoning: "If by the end of this year, everybody in unison realized that MRA platform is bad news and it's gone. That to me is... I would tell you the biggest win is to get rid of the MRA platform even before any of the Bitcoin stuff." This suggests he expects significant momentum toward removing these vaccines from circulation by the end of 2025.
Global Economic Reordering Will Create Demand for Neutral Reserve Assets Like Bitcoin and Gold - Lyn Alden
The next two years will be critical in determining whether the United States maintains dollar dominance while navigating Triffin's dilemma. During our conversation, Lyn highlighted how the current administration is attempting to thread a needle between reshoring manufacturing while maintaining the dollar's reserve status - an almost impossible task on extremely fragile ground.
"When they talk about kind of a currency accord to weaken the dollar, they mentioned ideally they wanted to use multi-lateral approaches, but there are some unilateral approaches that they can do, which includes printing dollars to buy reserve assets," Lyn explained when discussing Treasury advisor Stephen Myron's position paper.
As the world potentially moves to a multipolar currency system, Lyn predicts significant demand increases for neutral reserve assets. "The two options on the table at this point are gold and Bitcoin," she noted, but pointed out that "our geopolitical adversaries have been stacking gold for a while and with a special intensity for the last three years." This creates a strategic opportunity for the US, as Bitcoin is "overwhelmingly held in the United States."
Lyn believes this transition is already underway, with the demand for neutral reserve assets like Bitcoin growing as countries seek alternatives to solely dollar-denominated reserves.
Blockspace conducts cutting-edge proprietary research for investors.
Iran's Shadow Mining Economy: 2 GW of Bitcoin Mined Underground While Legal Operations Struggle
Iran hosts a thriving underground Bitcoin mining industry that has emerged as a critical financial lifeline for citizens grappling with international sanctions and domestic economic controls. This shadow economy dwarfs the legal sector, with an estimated 2 gigawatts of illegal mining operations compared to just 5 megawatts of sanctioned activity.
According to ViraMiner CEO Masih Alavi, approximately 800,000 illegal miners have been discovered and fined by authorities. Yet operations continue in homes, office buildings, and even jewelry stores, where Iranians tap into unmetered electricity to mine Bitcoin, later converting it to stablecoins like USDT for savings and commerce.
While the government has approved permits for about 400 megawatts of legal mining capacity, punitive electricity tariffs and regulatory barriers have strangled legitimate operations. "I blamed the government for this situation," says Alavi. "They introduced flawed policies in the beginning, especially by setting the wrong electricity tariffs for the mining industry."
Despite using obsolete equipment like Antminer S9s and M3s, underground miners remain profitable when converting earnings to Iranian rials, creating an ecosystem that serves an estimated 18 million Iranian cryptocurrency holders.
Looking ahead, Alavi predicts further crackdowns as Iran enters peak electricity demand season, potentially reducing legal mining to zero while underground operations continue to evolve sophisticated detection evasion techniques.
Subscribe to them here (seriously, you should): https://newsletter.blockspacemedia.com/
Ten31, the largest bitcoin-focused investor, has deployed $150M across 30+ companies through three funds. I am a Managing Partner at Ten31 and am very proud of the work we are doing. Learn more at ten31.vc/invest.
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@ fbf0e434:e1be6a39
2025-05-29 13:09:48Hackathon 概述
ETH Dublin 2025 黑客松圆满落幕,活动共吸引 84 名开发者参与,共有 31 个项目通过审核。活动核心是借助多家赞助商技术,打造具有影响力的区块链解决方案。活动鼓励参与者组建技能多元的平衡团队,运用技术工具及赞助商支持 —— 如 Chainlink 进行数据验证、Ledger 保障安全、Filecoin 提供存储方案等。
多个项目聚焦社会影响领域:ÉireEncrypt 致力于开发符合 GDPR 合规要求的隐私保护区块链工具;SafeRoads Ireland 则通过智能合约推动安全驾驶。此外,部分项目借助以太坊实现租金管控与去中心化住房市场,还有以移民为主题的数字解决方案促进社区融合,充分展现区块链技术在解决隐私保护、公共安全、教育改革等实际问题中的潜力。
总体而言,ETH Dublin 2025 黑客松不仅促进了开发者与合作伙伴的协作,更激发了诸多借助区块链技术创造社会价值的创新项目。
Hackathon 获奖者
奖项得主
- 一等奖: RecEth
RecEth 通过提供电子邮件确认和清晰的收据,增强了用户对加密交易的信任,将用户体验与传统支付系统的透明度相对齐。 - 二等奖: Latinum
Latinum 作为支付中间件,允许MCP构建者通过兼容钱包实现由代理发起的交易来实现服务器货币化,简化了货币化过程。 - 三等奖: Fundraisely
FundRaisely 利用区块链技术帮助慈善机构进行合法合规的筹款,以及透明的审计,确保捐款流程的清晰和负责。
欲了解所有项目的更多信息,请访问这里。
关于组织者
ETH Ireland
ETH Ireland 致力于区块链技术的创新和发展。该组织在Ethereum方面有着丰富的专业知识,通过举办会议和工作坊促进区块链教育和社区参与。ETH Ireland 的使命是扩大区块链知识普及,推广去中心化技术到各个领域。
- 一等奖: RecEth
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@ ef53426a:7e988851
2025-05-29 12:26:43Saturday 9AM It’s a chilly Saturday morning in Warsaw, and I don’t want to get out of bed. This is not because of the hangover; it’s because I feel like a failure.
The first day of Bitcoin FilmFest was a whirlwind of workshops, panels and running between stages. The pitch competition did not go my way. Another ‘pitching rabbit’ (an actual experienced film-maker) was selected to win the €3,000 of funding.
Rather than get up and search for coffee, I replay the scenes in my head. What could I have done differently? Will investors ever believe in me: I’m just a writer with no contacts in the industry. Do I have what it takes to produce a film?
Eventually, I haul myself out of bed and walk to Amondo, the festival’s morning HQ (and technically, the smallest cinema in Europe). Upon arrival, I find Bitcoin psychonaut Ioni Appelberg holding court in front of around a dozen enraptured disciples. Soon, the conversation spills out to the street to free up space for more workshops.
I attend a talk on film funding, then pay for coffee using bitcoin. I see familiar faces from the two previous nights. We compare notes on Friday night and check the day’s schedule. The morning clouds burn off, and things feel a little brighter.
The afternoon session begins just a few blocks away in the towering Palace of Culture and Science. My role in today's proceedings is to present my freedom fiction project, 21 Futures, on the community stage. Other presentations range from rap videos and advice on finding jobs in bitcoin to hosting ‘Bitcoin Walks’. This is how we are fixing the culture.
Saturday 8PM I feel a tap on my shoulder. ‘Excuse me, Mr. Philip. Your car is waiting. The Producers’ Dinner is starting soon’.
What? Me, a producer? I’ve been taking part in some panels and talks, but I assumed my benefits as a guest were limited to a comped ticket and generous goodie bag.
Soon, I am sharing a taxi with a Dubai-based journalist, a Colombian director, and the cypherpunk sponsor of the pitch competition I didn’t win.
The pierogies I dreamed of earlier that day somehow manifest (happy endings do exist), and we enjoy a raucous dinner including obligatory slivovitz.
Sunday 2AM The last few hours of blur include a bracing city-bike ride in a crew of nine attendees back to the Palace of Culture, chatting with a fellow bitcoin meetup organiser, and vaguely promising to attend a weekend rave with a crew of Polish artists and musicians on the outskirts of London.
I leave the party while it’s still in full swing. In five hours, I have to wake up to complete my Run for Hal in Marshal Edward Rydz-Śmigły Park.
Thursday 9PM The festival kicks off in Samo Centrum on Pizza Day. I arrive in a taxi straight from a cramped flight (fix the airlines!), having not eaten for around ten hours.
The infectious sounds of softly spoken Aussie bitrocker Roger9000 pound into the damp night. I’m three beers in, being presented by the organisers to attendees like a (very tall) show pony. I try to explain more about my books, my publishing connections, my short film.
When I search for the food I ordered an hour ago, I find it has been given away. The stern-faced Polish pizza maker shrugs. ‘You not here.’
I’m so hungry I could cry (six hours of Ryanair can do that to a man). And then, a heroic Czech pleb donates half a pizza to me. Side note: this same heroic pleb accidentally locked me out of my film-funds while trying to fix a wallet bug on Sunday night.
I step out into the rain. Roger9000 reminds us we should have laser eyes well past 100k. I take a bite of pizza and life tastes good.
The Films Side events, artists, late nights, and pitcher’s regret is all well and good, but what of the films?
My highlights included Golden Rabbit winner No More Inflation — a moving narrative with interviews from two dozen economists, visionaries, and inflation survivors.
Hotel Bitcoin, was a surprisingly funny comedy romp about a group of idiots who happen across a valuable laptop.
Revolución Bitcoin — an approachable and thorough documentary aimed to bring greater adoption in the Spanish-speaking world.
And, as a short-fiction guy, I enjoyed the short films The Man Who Wouldn’t Cry, a visit to New York’s only Somali restaurant in Finding Home.
Sunday 7PM The award ceremony has just finished. I head to Amondo for the final time to pay for mojitos in bitcoin and say goodbye to newly made friends. I feel like I’ve met almost everyone in attendance. Are you going to BTC Prague?!? we ask as we part ways.
Of course, the best thing about any festival is the people, and BFF25 had a cast of characters worthy of any art house flick:
- The bright-eyed and confident frontwoman of the metal band Scardust
- A nostr-native artist selling his intricate canvases to the highest zapper
- A dreadlocked DJ who wears a pair of flying goggles on his head at all times
- An affable British filmmaker explaining the virtues of the word ‘chucklesome’
- A Duracell-powered organiser who seems to know every song, person, film, book, and guest at the festival.
Warsaw itself feels like it has a role to play, too. Birdsong and green parks contrast the foreboding Communist-era architecture. The weather changes faster than my mood — heavy greys transform to bright sunshine. The roads around the venue close on Sunday for a political rally. And there we are in the middle, watching our bitcoin films.
Tuesday 10AM I’m at home now, squinting at my email inbox and piles of washing, wondering when the hell I’ll find time. The festival Telegram group is still buzzing with activity. Side events like martial arts tutorials, trips to a shooting range, boat tours. 5AM photos of street graffiti, lost and found items, and people asking ‘is anyone still around?’
This was not just a film festival. BFF is truly a celebration of culture — Art. Books. Comedy. Music. Video. Talk. Connection.
All this pure signal has lifted my spirits so much that despite me being a newbie filmmaker, armed only with a biro, a couple of powerpoints and a Geyser fund page, I know I will succeed in my mission. It turns out you can just film things.
You may have attended bitcoin conferences before — you know, the ones with ‘fireside chats’, VIP areas, and overpriced merch. Bitcoin FilmFest is a moment in time. We are fixing the culture, year after year, until art can flourish again.
As fellow author Aaron Koenig commented during a panel session, ‘In twenty years, we won’t be drawing laser eyes and singing about honey badgers. Our grandchildren won’t understand the change we went through.’
Would I do it all again? Of course!
Join me next June in Warsaw.
I’ll be the tall one presenting his short animation premiere.
Philip Charter is a full-time writer and part-time cat herder. As well as writing for bitcoin founders and companies, he runs the 21 Futures fiction project.
Find out more about theNoderoid Saga animation projecton Geyser.
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@ 7e538978:a5987ab6
2025-05-29 10:32:34This article gives an overview and comparison of the various funding sources that are available for LNbits.
LNbits is compatible with many Lightning Network wallets and can be on anything from a small VPS to a raspberry Pi on your home network or the LNbits SaaS platform.
Why your funding source matters
There are trade-offs between the various funding sources, for example funding LNbits using Strike requires the user to KYC themselves and has some privacy compromises versus funding LNbits from your own LND node. However the technical barrier to entry and node maintenance of using Strike is lower than using LND.
Self-custodial vs custodial connectors
Self-custodial Funding Sources
You run the node or service, keep the keys, and may need to manage LN channels. Good if you want control and have the skills to look after a server. Examples: LND (gRPC/REST), CoreLightning, Spark.
Self-custodial funding sources with an LSP
These funding sources offer a reasonable compromise between self-custody and some privacy trade offs. Examples: Phoenixd, Breez SDK, Boltz.
Custodial (or semi-custodial) funding sources
A third party runs the node. You plug LNbits into their API. Setup is quick and costs are low, but you trust the provider with your funds and privacy. Examples: Alby, OpenNode, Blink, ZBD, LNPay or another LNbits instance.
Funding sources compared
Below is a summary of the main options and how they stack up.
LNbits Lightning Network Funding Sources Comparison Table
| Funding Source | Custodial Type | KYC Required | Technical Knowledge Needed | Node Hosting Required | Privacy Level | Liquidity Management | Ease of Setup | Maintenance Effort | Cost Implications | Scalability | Notes | |----------------------------|--------------------|---------------------|--------------------------------|---------------------------|-------------------|--------------------------|-------------------|------------------------|----------------------------------------------|-----------------|------------------------------------------------------------------| | LND (gRPC) | Self-custodial | ❌ | Higher | ✅ | High | Manual | Moderate | High | Infrastructure cost and channel opening fees | High | gRPC interface for LND; suitable for advanced integrations. | | CoreLightning (CLN) | Self-custodial | ❌ | Higher | ✅ | High | Manual | Moderate | High | Infrastructure cost and channel opening fees | High | Requires setting up and managing your own CLN node. | | Phoenixd | Self-custodial | ❌ | Medium | ❌ | Medium | Automatic | Moderate | Low | Minimal fees | Medium | Mobile wallet backend; suitable for mobile integrations. | | Nostr Wallet Connect (NWC) | Custodial | Depends on provider | Low | ❌ | Variable | Provider-managed | Easy | Low | May incur fees | Medium | Connects via Nostr protocol; depends on provider's policies. | | Boltz | Self-custodial | ❌ | Medium | ❌ | Medium | Provider-managed | Moderate | Moderate | Minimal fees | Medium | Uses submarine swaps; connects to Boltz client. | | LND (REST) | Self-custodial | ❌ | Higher | ✅ | High | Manual | Moderate | High | Infrastructure cost and channel opening fees | High | REST interface for LND; suitable for web integrations. | | CoreLightning REST | Self-custodial | ❌ | Higher | ✅ | High | Manual | Moderate | High | Infrastructure cost and channel opening fees | High | REST interface for CLN; suitable for web integrations. | | LNbits (another instance) | Custodial | Depends on host | Low | ❌ | Variable | Provider-managed | Easy | Low | May incur hosting fees | Medium | Connects to another LNbits instance; depends on host's policies. | | Alby | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Browser extension wallet; suitable for web users. | | Breez SDK | Self-custodial | ❌ | Medium | ❌ | High | Automatic | Moderate | Low | Minimal fees | Medium | SDK for integrating Breez wallet functionalities. | | OpenNode | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Third-party service; suitable for merchants. | | Blink | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Third-party service; focuses on mobile integrations. | | ZBD | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Gaming-focused payment platform. | | Spark (CLN) | Self-custodial | ❌ | Higher | ✅ | High | Manual | Moderate | High | Infrastructure cost and channel opening fees | High | Web interface for CLN; requires Spark server setup. | | Cliche Wallet | Self-custodial | ❌ | Medium | ❌ | Medium | Manual | Moderate | Moderate | Minimal fees | Medium | Lightweight wallet; suitable for embedded systems. | | Strike | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Third-party service; suitable for quick setups. | | LNPay | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Third-party service; suitable for quick setups. |
Which source suits you?
| Scenario | Good fit | Why | | ------------------------------------------- | ---------------------------------------------------------------------- | ------------------------------------------------------ | | Business running its own infrastructure | LND or CoreLightning on a Dell Optiplex or other dedicated machine | Full control, high throughput, best privacy. | | Independent node runner | Spark (CLN) or LND (REST/gRPC) | You already run a node and want a clean web interface. | | Quick proof of concept | Alby, LNPay, or another hosted LNbits | No hardware needed, lets you test ideas fast. |
Run LNbits
Ready to run LNbits?
Choose a funding source, follow the guides, and start today.
Further reading
- LNbits documentation
- LND – gRPC and REST guides
- CoreLightning – setup and Spark info
- Breez SDK
- Phoenixd
- Nostr Wallet Connect