@ 7f6db517:a4931eda

Influencers would have you believe there is an ongoing binance bank run but bitcoin wallet data says otherwise.

- binance wallets are near all time highs
- bitfinex wallets are also trending up
- gemini and coinbase are being hit with massive withdrawals though

You should not trust custodians, they can rug you without warning. It is incredibly important you learn how to hold bitcoin yourself, but also consider not blindly trusting influencers with a ref link to shill you.

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If you found this post helpful support my work with bitcoin.

@ eb0157af:77ab6c55

Speaking to Atlas21 microphones, Marco Argentieri, CEO of Ark Labs, talked about the Ark protocol, its synergy with LN and the debate on OP_RETURN.

During the Tuscany Lightning Summit 2025 in Viareggio, Marco Argentieri, CEO of Ark Labs, explained to Atlas21 microphones why Ark is not a competitor to the Lightning Network and discussed the role that the protocol can play in the ecosystem.

The conversation opened with a reflection on Bitcoin’s role as programmable money: “I believe Bitcoin must be programmable money not only because Satoshi himself put a script in Bitcoin, therefore a programming language, but also because when you start working with merchants, companies, payment processors, we realize that we need Bitcoin to be programmable to make payments effective,” Argentieri explained.

According to the CEO of Ark Labs, the success of the swap model that made wallets like Muun popular shows users’ desire to use LN, but without its technical complexity. “Muun was one of the first wallets to use this model and is still today among the most downloaded precisely for its simplicity,” the CEO observed.

But programmability doesn’t only serve end users. Argentieri draws attention to merchants, who represent the other side of the coin in payments. “Those who receive payments – merchants – for accounting reasons and to have regularity of cash flow, would like to have a less volatile currency,” he explained. The solution, for Argentieri, could be represented by derivative contracts that allow accepting bitcoin without suffering volatility, exploiting hedging strategies, and to do this “you need Bitcoin to be programmable.”

Ark as complementary technology

Regarding the initial perception of Ark as a “Lightning killer,” Argentieri clarified: “It was short-term marketing” that generated misunderstandings. “From the beginning I have always seen Ark and Lightning as two completely different and complementary technologies.”

Ark Labs’ strategy demonstrates this: “The first thing we did was a partnership with swap provider Boltz,” Argentieri recounted. Lightning channel managers need continuous swaps to rebalance channels: in this way Ark helps Boltz not to have to introduce an additional blockchain, the CEO of Ark Labs commented.

According to Argentieri, the synergy relationship works in both directions: “Lightning helps Ark because Ark is based on a client-server approach with operators, and Lightning can be used as a lingua franca to go from one ark to another.” The result is a system that Argentieri describes as “banks that cannot confiscate your funds.”

On the issue of self-custody scalability, the CEO of Ark Labs provided a realistic assessment of current limits: “It is mathematically impossible for every user to have their own UTXO. Ark offers a solution through VTXOs (Virtual Transaction Output).” Argentieri used a comparison to clarify the difference: “I always describe a UTXO as having your own land, like buying a beachfront house in Miami in the sixties. It’s your property, but if you want to sell it will be slow and expensive.” VTXOs, instead, are “like an airbnb – very simple to enter and exit, but you have to pay rent.”

The crucial aspect is unilateral exit from the network: “Ark gives the possibility of not doing vendor lock-in. It’s like a rental where I know that eventually I can always transform it into a house. I won’t do this with a few satoshis, I’ll wait to accumulate enough to afford a whole UTXO,” Argentieri stated.

B2B before retail

Argentieri sees Ark primarily as B2B infrastructure rather than retail: “Initially there was the idea of Ark as a mobile wallet for coffee payments, but I think it’s the opposite.”

“Doing the same things that can already be done with traditional fintech systems is a mistake.” The real opportunity, according to the CEO of Ark Labs, lies in use cases that only Bitcoin can enable: “When there are still Bitcoin startups that would like to pay their employees in bitcoin but cannot due to lack of infrastructure, there is the potential.”

The approach foresees initial adoption oriented to the corporate world: “Bitcoin must first take companies and sophisticated operators. There are the new use cases that you couldn’t do before Bitcoin.” The famous “coffee paid with bitcoin”? It’s not a technological problem, it’s an adoption problem, Argentieri commented.

Arkade: platform for off-chain contracts

Arkade, “the name of our online platform,” represents the practical implementation of this vision, Argentieri explained, specifying that it is “a set of technologies and approaches.” The goal is to create “the first platform to execute Bitcoin contracts off-chain instead of on-chain, using Ark to give unilateral exit from the network.”

The architecture maintains Bitcoin philosophy: “I believe the UTXO model is much better than the Ethereum model, but obviously we have to make these contracts off-chain.”

The OP_RETURN case

On the OP_RETURN debate, Argentieri expressed two positions: “At a technological level I am in favor of removal because we are seeing that the ecosystem is looking for other approaches,” he explains. But the problem is not technical, it’s political: “Bitcoin is not just technology but also people, humans, culture.”

The criticism of the CEO of Ark Labs concerns timing: “I am against the fact that Bitcoin Core in version 29 has this modification because many people are not in favor currently. There’s no hurry, let’s do it in version 30 so we have another six months to deepen the debate.”

For Argentieri, the discussion revealed a governance problem: “From a political point of view, this shows a communication error. Bitcoin is no longer a toy for kids but an industry.” And like every mature industry, it needs adequate governance structures, the CEO of Ark Labs suggested. Argentieri’s proposal includes the introduction of specialized figures: “Just as there are core developers, there could be core communicators who say ‘wait, let’s think about it’ before making decisions that impact the community.”

The post Marco Argentieri: “Ark will make Lightning more efficient, it’s not a competitor” appeared first on Atlas21.

@ 9ca447d2:fbf5a36d

Neutron, Asia’s leading Bitcoin Lightning infrastructure company, announced the upcoming launch of Neutron Lend, a non-custodial, bitcoin-backed lending product designed for individuals and businesses who want access to liquidity without selling their bitcoin.

The service is currently open for waitlist sign-ups, with public access expected by end of June 2025.

As Bitcoin adoption accelerates, many holders are looking for secure ways to borrow against their bitcoin while maintaining control of their assets. Neutron Lend addresses this need with a multi-signature custody model, competitive interest rates, and a clear, transparent loan structure.

Key Features of Neutron Lend

• Borrow $10,000 to $1,000,000 USDT
• Non-custodial 3-key multi-sig (User, Neutron, Neutral Custodian)
• 50% Loan-to-Value (LTV)
• Principal + interest paid at loan maturity
• Introductory interest rates between 6% and 12% APR, based on tier
• Extension options available (with admin fee and adjusted rates)

Loans are fully collateralized with bitcoin and managed securely using a multi-sig wallet where users retain one of the keys. Neutron does not rehypothecate collateral, and no party can move the funds unilaterally.

“As Bitcoin continues to redefine the future of finance, I’m proud to introduce Neutron Lend a product built for those who believe in the long-term value of their BTC but need liquidity today,” said Albert Buu, CEO of Neutron. He added:

“Traditional finance simply doesn’t understand the needs of Bitcoiners: they force you to sell your most trusted asset or leave you without options.

“With Neutron Lend, our users can secure USDT loans against their BTC collateral at competitive rates, unlocking capital to invest, grow, and diversify without ever parting with their bitcoin.

We see a massively underserved market of HODLers and innovators who deserve access to flexible, transparent lending solutions. At Neutron, we’re here for you, empowering the Bitcoin community with the financial tools they’ve been waiting for.”

Now Open for Waitlist Registration

Neutron Lend is currently in waitlist phase. Early users will receive:

• Priority access to the platform at launch
• Limited-time introductory rates

The platform is expected to begin rolling out globally by end of June 2025.

Media Contact:
info@neutron.me

Learn More and Join the Waitlist: www.neutron.me/lend

About Neutron

Neutron is a Bitcoin Lightning infrastructure company based in Asia, offering scalable financial tools across the Bitcoin ecosystem. Its products include a Lightning-as-a-Service API (Neutron Economy), the consumer-facing Neutronpay app, and now Neutron Lend, bringing secure, flexible Bitcoin-backed lending to market.

@ cae03c48:2a7d6671

Bitcoin Magazine

Michael Saylor’s Strategy Announces Initial Public Offering of 2,500,000 STRD Shares

Today, Strategy (Nasdaq: MSTR; STRK; STRF) has announced that it plans to conduct an initial public offering of 2,500,000 STRD shares of Strategy’s 10.00% Series A Perpetual Stride Preferred Stock. 

JUST IN: Michael Saylor's Strategy announces Initial Public Offering of STRD stock to raise more money to buy #Bitcoin pic.twitter.com/ow29eNaW89

— Bitcoin Magazine (@BitcoinMagazine) June 2, 2025

“Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital,“ stated the company in the announcement.

The STRD Stock will offer non-cumulative cash dividends at an annual rate of 10 percent, paid quarterly in arrears on March 31, June 30, September 30 and December 31 of each year, beginning on September 30, 2025. If dividends are not declared, they will not accumulate, and Strategy says it is not required to make up for missed payments.

Strategy may be able to redeem all outstanding STRD shares if the total number falls below 25 percent of the original issuance or if certain tax events occur. In such cases, holders will receive the liquidation preference of $100 per share plus any declared and unpaid dividends.

The company stated, “if an event that constitutes a “fundamental change” under the certificate of designations governing the STRD Stock occurs, then, holders of the STRD Stock will have the right to require Strategy to repurchase some or all of their shares of STRD Stock at a cash repurchase price equal to the stated amount of the STRD Stock to be repurchased, plus declared and unpaid regular dividends, if any, that will have accrued to, but excluding the fundamental change repurchase date.”

Also today, Strategy (MSTR) acquired another 705 Bitcoin for about $75 million, further expanding its position as the largest corporate holder of Bitcoin as more public companies continue to adopt Bitcoin treasury strategies.

BREAKING: STRATEGY BUYS ANOTHER 705 #BITCOIN FOR $75 MILLION pic.twitter.com/WBgKUcbbEP

— Bitcoin Magazine (@BitcoinMagazine) June 2, 2025

According to their SEC filing on June 2, they bought Bitcoin at an average price of $106,495 each between May 26 and June 1, bringing their total holdings to 580,955 BTC. The acquisition was funded by selling some of their preferred shares through an at-the-market (ATM) equity offering.

The company raised $74.6 million by selling a combination of its preferred stock classes, including 353,511 shares of STRK preferred stock for $36.2 million and 374,968 shares of STRF preferred stock for $38.4 million. With this purchase, Strategy’s average acquisition price across all its Bitcoin holdings stands at $70,023 per coin.

This post Michael Saylor’s Strategy Announces Initial Public Offering of 2,500,000 STRD Shares first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ cae03c48:2a7d6671

Bitcoin Magazine

Canadian Company SolarBank Adopts Bitcoin Treasury Strategy

Today, SolarBank Corporation (NASDAQ: SUUN), a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America, has announced the integration of Bitcoin as a strategic reserve asset into its corporate treasury strategy, following the footsteps of MicroStrategy and SharpLink Gaming.

SolarBank has also applied to open an institutional account with Coinbase Prime (NASDAQ: COIN), enabling secure Bitcoin custody, USDC services, and a self-custodial wallet for its Bitcoin holdings.

JUST IN: North American construction engineering company SolarBank adopts a Strategic Bitcoin Reserve pic.twitter.com/b2xvVARjZZ

— Bitcoin Magazine (@BitcoinMagazine) June 3, 2025

The company cited several strategic advantages for adopting Bitcoin as a reserve asset:

• Financial Resilience: Bitcoin holdings will serve as a hedge against inflation and currency debasement.
• Clean Energy Off-set: Emissions tied to Bitcoin mining will be counterbalanced by SolarBank’s renewable energy generation.
• Market Appeal: The move targets tech-savvy investors interested in digital assets, DeFi, and blockchain.
• Competitive Differentiation: SolarBank aims to differentiate itself as a first-mover in combining renewable energy with Web3 and DeFi principles.

“As the adoption of Bitcoin continues to grow, SolarBank believes that establishing a Bitcoin treasury strategy taps into a growing sector that is seeing increasing adoption,” commented Dr. Richard Lu. “In a world of ever-increasing energy demand and treasury complexity, SolarBank delivers renewable energy solutions and recurring revenues, now combined with all of the benefits of holding Bitcoin.”

SolarBank further emphasized that its core focus remains on renewable energy development, highlighting several recent achievements: 

• A $100 million U.S. solar deal with CIM Group targeting 97 MW of projects.
• A $49.5 million agreement with Qcells to deploy US made solar technology.
• A $41 million partnership with Honeywell to develop landfill-based solar farms. 
• A $25 million credit facility from RBC to expand its battery energy storage portfolio.

With over 1 GW of projects in development and partnerships with Fortune 500 companies, SolarBank continues to generate recurring revenues through long-term contracts while accelerating decarbonization efforts.

“The actual timing and value of Bitcoin purchases, under the allocation strategy will be determined by management,” stated the company in the press release. “Purchases will also depend on several factors, including, among others, general market and business conditions, the trading price of Bitcoin and the anticipated cash needs of SolarBank. The allocation strategy may be suspended, discontinued or modified at any time for any reason. As of the date of this press release, no Bitcoin purchases have been made.”

This post Canadian Company SolarBank Adopts Bitcoin Treasury Strategy first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ cae03c48:2a7d6671

Bitcoin Magazine

Vegas Comedown, or Was Bitcoin 2025 Too Noisy?

“Shitcoin Magazine,” tweeted Bitcoin educator and author Knut Svanholm about the event that BTC Inc, the parent company of Bitcoin Magazine, organized in Las Vegas last week. Dancing cows dashed across my feed. “It’s a political convention now,” I overheard two attendees saying as they exited the Nakamoto stage, heads shaking. Nigel Farage, the inflammatory British politician and leader of Reform UK, was shouting on stage about becoming prime minister. A somewhat calmer personality, Vice President JD Vance spoke about “crypto” and thanked Coinbase.

Word on the (online) street is that Bitcoin 2025 was captured by political and shitcoin-y interests. Our own technical editor, Shinobi, opted out of mass surveillance and bailed for freer pastures at the Oslo Freedom Forum. Erik Cason was uncharacteristically polite (“shitcoin adjacent”), though he was there in person, happily signing the Cryptosovereignty book that Bitcoin Magazine Books published in 2023.

“None of my Bitcoiner friends come here anymore,” said Ben, an entrepreneur who runs a Bitcoin business, on the fence about coming back next year.

Whenever I mention that I work for Bitcoin Magazine, I usually have to field questions about shitcoinery and political shilling (Are you a MAGA dude now?!). Coming to Vegas was inspection time for me — or at least a chance to see what it is that troubles so many people.

With the glamor of the Strip itself and its sensory overload, it’d be easy to be dazzled — plus, it was the first time I had left Fort Europa for the land of the free in years, first time in Vegas, and first time at an American Bitcoin event. It’d be easy for me to simply dismiss the haters by paraphrasing Taylor (“haters gonna hate, hate, hate, hate…”).

While sitting down in the whale pass area the Deep, a hipster-looking gentleman started talking to me about how Bitcoin is fundamentally broken and that I should investigate his energy-based shitcoin instead. Waiting for Vance’s speech in the main hall, I was introduced to three young dudes dressed up to perfection and barely out of college, at the conference “to land a job in the industry” — i.e., grifters. A mid-60s technology dude interjected himself into the conversation, bragged about how he worked on tech for Microsoft in the ’90s, and explained how blockchain (not Bitcoin) is the future — only to have us scan the NFC card he had implanted in his left hand. Ugh.

Thus, it wasn’t difficult to see the things all these people online had objected to: Our conference was a party, or “an elaborate Bitcoin extraction scheme,” a “circus, shitcoin fest,” or stablecoin mania. Plus:

pic.twitter.com/VfD4ViXlFS

— Daniel Prince (@Princey21M) May 30, 2025

They’re not wrong. But honestly, you don’t have to look.

Here’s an underappreciated order to the known universe: To each successful movement or phenomenon, parasites and fraudsters are drawn. It’s why the shitcoin guys are around Bitcoin events and why the politicians are pandering to our cause. Vegas itself is the center of gravity for that sort of thing — gambling, nudity, alcohol, prostitution, and other dopamine-inducing stimulants. I first titled this tak_e_ What Hookers in Vegas Can Teach Us About Politicians at Bitcoin 2025; the simple observation is that fraudsters, grifters, and scammers go to where the value is. Parasites feed off healthy, growing, flourishing organisms.

“Scammers flooding in,” as Tomer Strolight post-conference tweeted, is thus the least surprising thing ever.

We’re succeeding, growing, and becoming if not respectable then at least a household name. The FT and WSJ covering us feel somewhere between “…then they laugh at you“ and “…then they fight you” stages.

Running around meeting people — hardcore Bitcoiners I’ve only ever met online, authors and writers and editors I’ve worked with (they were all in Vegas, since that was the place to be…) — and attending the sum total of three presentations, I felt what Wayne Vaughan of Bitcoin First described:

The Bitcoin Conference 2025 was different and in many ways disappointing.

Good:
The private events were excellent opportunities to reconnect with old friends and meet new people.

Bitcoin has grown up. We’re finally legit.

Neutral:
The conference was dominated by politics and…

— Wayne Vaughan (@WayneVaughan) May 30, 2025

You can just meet people, just do things.

To make an obvious analogy: The internet is littered with porn, gambling, and cat videos, and it’s the most successful technology in a generation. You don’t have to look; you can just work and provide value instead of wasting away your life talking to shitcoiners or being annoyed at politicians and other fraudsters doing their things.

“Cozying up to any government is a bad idea,” concluded the WSJ piece, citing a “wing” of purist Bitcoin that we all feel. Yes, agreed. But the puritism that its opposite requires condemns us to irrelevancy — belittles and betrays the broader mission.

So yeah: the grifters, the parasites, the politicians, and the financial engineers are here. Good for them. That they’re here is a sign of victory.

Knock me over with a feather, haters.

Come join us for Bitcoin 2026 and see for yourself.

This post Vegas Comedown, or Was Bitcoin 2025 Too Noisy? first appeared on Bitcoin Magazine and is written by Joakim Book.

@ 00ea1f73:71c6e344

Je suis en train de construire un outil de référencement collectif de marques et fabricants proposant des produits 100 % en matière naturelle (ce qui veut essentiellement dire "sans plastique").

Voici les étapes de ma progression ces dernières semaines en tant que non développeur pour créer cela tout en privilégiant des outils open source.

Etape 1 : faisons simple, du texte organisé

J'ai commencé par réunir mes idées dans Anytype. Leur approche "tout est un objet" laisse une flexibilité incroyable pour organiser ses données. On peut s'en servir comme simple outil de prise de note ou comme outil de gestion de projet. Le fonctionnement "local first" de l'application me donne la main sur mes données : elles sont stockées en local sur mon ordinateur et mon téléphone, qui se synchronisent entre eux.

Anytype permet depuis peu de publier sur Internet les "objets" de son choix (pages, notes, albums…) mais cela reste limité pour proposer à des visiteur une navigation fluide entre des objets liés (dans mon cas des marques et des matières par exemple). De plus, il n'est pas encore possible d'y automatiser la mise en forme de contenus à partir de données.

Ainsi, après avoir réuni les informations et préparé les contenus "à la main" pour trois marques seulement dans Anytype, j'ai eu besoin d'automatisation, et donc d'une vraie base de données. Je conserve quand même Anytype pour organiser mes idées et la suite du projet. Je l'utilise aussi pour la vie quotidienne (liste de course partagée, journal…).

Etape 2 : structurons une base de données

Baserow est une alternative à Airtable qui permet de gérer une base de données comme un tableur. Les formules utilisables dans les tableaux m'ont aidé à générer automatiquement les contenus de marque à partir des données que je réunissais. J'ai obtenu des données bien ordonnés dans de beaux tableaux sans avoir plus besoin de réécrire tout le contenu pour chaque marque.

J'ai passé un peu de temps à apprendre la syntaxe des formules de Baserow, j'ai mis à jour le contenu des trois premières marques, généré automatiquement celui d'une quatrième et… je me suis rendu compte que ça n'allait pas le faire.

Un point crucial de mon projet est la gestion et l'affichage des catégories de produits proposés par chaque marque, histoire que cela soit pratique de trouver les alternatives naturelles pour ce que l'on cherche sur le site. Or, dans Baserow il n'y avait pas moyen de générer mes contenus catégorisés de manière dynamique. J'étais contraint de modifier sans cesse des formules de plus en plus complexes, et donc avec un risque d'erreur de plus en plus grand. Cela reste un tableur, plus net pour gérer des données, mais moins fourni en termes de formules.

Avec une seule marque traitée en plus, mon "backend" v2 n'aura pas duré longtemps !

Etape 3 : courage, passons aux choses sérieuses

A ce moment là, j'ai sérieusement douté de ma capacité a créer ce site avec des outils open source et j'ai été tenté de retourner vers Bubble. À mon avis, Bubble est l'outil "no code" (ou de "programmation visuelle") le plus abouti. Je l'avais déjà utilisé efficacement avec We Do Good pour réaliser des prototypes de fonctionnalités, même utilisés provisoirement en production.

C'est génial, avec Bubble, des semaines de travail classique entre développeurs et designers pour arriver à une version utilisable se transforment en heures, voire en jours pour tester et valider des prototypes.

Mais… avec Bubble on n'a pas accès à ce qui se passe derrière l'interface de programmation. On devient en fait prisonnier de leur langage de programmation propriétaire. Si on a besoin de faire différemment, s'ils augmentent leurs prix de manière inadaptée, ou si un blocage se présente pour une autre raison, il faut tout refaire à zéro ou faire développer des nouvelles fonctionnalités (plugins) qui enrichissent Bubble.

J'ai alors décidé de passé au niveau supérieur en terme de technicité, avec des outils tout de même accessible aux non initiés motivés : une base de données dans Supabase connectée à une interface créée avec Plasmic. Avec Supabase j'ai accès aux paramétrages les plus fins sur les données et avec Plamic je construis visuellement ce dont j'ai besoin, comme avec Bubble.

Malgré l'interface visuelle très complètes de Plasmic, certaines fonctions dont j'ai besoin demandent des formules personnalisées utilisant un peu de code. L'avantage, c'est que là ou j'avais appris le language Bubble utilisable seulement avec Bubble, j'apprends maintenant les languages ouverts et universels du web sql et javascript, avec un peu d'aide de l'"IA" pour comprendre les fonctions et erreurs de syntaxe.

J'apprendre en faisant directement ce que j'ai envie, et c'est beaucoup plus efficace et motivant !

Plasmic me laisse aussi récupérer et réutiliser l'ensemble du code source ailleurs si j'en ai besoin un jour.

Je devais en passer par là

Chaque version de mon "backend" a été utile et même nécessaire à la suivante.

Avec mon expérience d'entrepreneur du web, je sentais depuis le départ que j'aurais besoin d'une solution robuste de base de données ainsi que de pouvoir intervenir sur le code facilement. Cependant, au démarrage, je n'avais pas envie de me plonger là-dedans. Finalement, bien m'en a pris ! La structuration de données que j'avais initialement imaginée est très différente de celle à laquelle j'arrive maintenant.

Je n'aurais pas eu une base de données claire et bien organisée dans Supabase si je n'avais pas fait précédemment une itération dans Baserow. Je n'aurais pas créé les tables et liaisons utiles dans Baserow si je n'avais pas créé les premiers contenus sous forme de texte avec liaisons dans Anytype.

De plus, je n'aurais pas trouvé l'énergie de me lancer sur ce nouveau projet si je n'avais pas commencé par une version très simple et non "scalable". C'est un vrai progrès personnel : j'ai toujours travaillé en essayant de concevoir le maximum de choses d'avances, pour me rassurer et limiter les risques, et parce que c'est ce qu'on apprend à l'école. Les problèmes, c'est que je dépensais pour cela une énergie folle et que bien sûr, la réalité ne correspond jamais vraiment aux prévisions.

En me lançant avec une première version pas du tout aboutie mais fonctionnelle, je me suis autorisé à faire plus d'erreur, à m'exposer et à me concentrer sur du concret.

Références

Pour moi, favoriser l'open source est essentiel car cela fait partie des outils fondamentaux pour défendre ma liberté et celle des autres.

Tous les outils que j'utilise ou ai utilisé pour ce projet sont open source, sauf Anytype qui est juste "open core" (c'est à dire qu'ils publient leur code mais n'autorisent pas tous les usages avec). Ils présentent aussi tous des plans gratuits bien pratiques pour se lancer sans contrainte financière.

• Anytype : https://anytype.io/
• Baserow : https://baserow.io/
• Supabase : https://supabase.com/
• Plasmic : https://www.plasmic.app/

J'ai aussi testé ou envisagé sans les retenir quelques autres solutions comme WordPress ou Silex. Provisoirement, en attendant d'avoir créé toutes les interfaces dont j'ai besoin avec Plasmic, j'utilise NocoDB, connecté à Supabase, pour disposer d'une interface visuelle équivalente à Baserow (avec des formules moins avancées mais la possibilité de me connecter plusieurs bases de données si besoin).

J'utilise beaucoup Alternative.to pour trouver les outils dont j'ai besoin, on y peut filtrer les applications selon de nombreux critère, je le recommande.

Ensuite, il faut tester et se lancer, voire tester en se lançant !

opensource #nocode #lowcode #vibecoding #ia #produitsnaturels #zeroplastique #nostrfr

@ cae03c48:2a7d6671

Bitcoin Magazine

How Strategy (MSTR) Built Their Capital Stack to Accelerate Bitcoin Accumulation

MicroStrategy—now operating as Strategy—has built the most aggressive Bitcoin treasury in the world. But its true innovation isn’t just holding Bitcoin. It’s in how it finances the accumulation of Bitcoin at scale without giving up control or diluting shareholder value.

The engine behind this? A meticulously designed capital stack—a multi-tiered structure of debt, preferred stock, and equity that appeals to different types of investors, each with unique risk, yield, and volatility preferences.

This is more than corporate finance—it’s a blueprint for Bitcoin-native capital formation.

What Is a Capital Stack?

A capital stack refers to the layers of capital a company uses to finance its operations and strategic goals. Each layer has its own return profile, risk level, and repayment priority in the event of liquidation.

Strategy’s capital stack is designed to do one thing exceptionally well: convert fiat capital into Bitcoin exposure—efficiently, at scale, and without compromise.

The Stack: Ordered by Priority

Strategy’s capital stack comprises five core instruments:

1. Convertible Notes
2. Strife Preferred Stock ($STRF)
3. Strike Preferred Stock ($STRK)
4. Stride Preferred Stock ($STRD)
5. Common Equity ($MSTR)

These layers are ranked from highest to lowest in repayment priority. What makes this structure unique is how each layer balances downside protection, yield, and Bitcoin exposure—offering institutional investors fixed-income alternatives with varying degrees of correlation to Bitcoin.

Strategy’s Capital Stack illustrated by Chris Millas

Convertible Notes: Senior Debt with Optional Upside

Strategy’s capital stack begins with convertible notes—senior unsecured debt that can convert into equity.

• Downside: Low risk, high priority in liquidation
• Upside: Modest unless converted
• Appeal: Institutional debt investors seeking protection with optional Bitcoin-adjacent upside

These notes were Strategy’s earliest fundraising tools, enabling the company to raise billions in low-interest environments to accumulate Bitcoin without issuing equity.

Strife ($STRF): Investment-Grade Yield

Strife is a perpetual preferred stock designed to mimic high-grade fixed income.

• 10% cumulative dividend, paid in cash
• $100 liquidation preference
• No conversion rights or Bitcoin upside
• Compounding penalties on unpaid dividends
• Low volatility, medium risk profile

Strife targets conservative capital—allocators who want predictable income without equity or crypto exposure. It’s senior to other preferreds and common stock, making it a high-quality fixed-income proxy built atop a Bitcoin treasury.

Strike ($STRK): Yield + Bitcoin Optionality

Strike is convertible preferred stock—bridging fixed income and equity upside.

• 8% cumulative dividend
• Convertible into $MSTR at $1,000 strike
• Paid in cash or Class A shares
• Bitcoin exposure via conversion option
• Medium volatility, low risk

Strike appeals to investors who want income with optional participation in Bitcoin upside. In bullish Bitcoin cycles, the conversion option becomes valuable—offering a hybrid between bond-like stability and equity-like potential.

Stride ($STRD): High Yield, High Risk

Stride is the most junior preferred—non-cumulative, perpetual stock issued with high yield and few protections.

• >10% dividend, only if declared
• No compounding, no conversion, no voting rights
• Highest relative risk among preferreds
• Liquidation priority above common equity, but below all others

Stride plays a crucial role. Its issuance improves the credit quality of Strife, adding a subordinate capital buffer beneath it—similar to how mezzanine debt protects senior tranches in structured finance.

Stride attracts yield-hungry investors, enabling Strategy to raise capital without compromising more senior layers.

Common Equity ($MSTR): Pure Bitcoin Beta

At the base is Strategy’s common equity—the most volatile, least protected, but highest potential instrument in the stack.

• Unlimited upside
• No dividend, no priority
• Full exposure to Bitcoin volatility
• Voting rights, long-term ownership

Common equity is for conviction-driven investors. Over the past four years, this layer has attracted capital from funds and individuals aligned with Strategy’s Bitcoin thesis—investors who want maximal upside from a corporate Bitcoin strategy.

The Big Picture: Saylor Is Targeting the Fixed Income Market

This isn’t just a financing mechanism—it’s a direct challenge to the $130 trillion global bond market.

By issuing instruments like $STRF, $STRK, and $STRD, Strategy is offering Bitcoin-adjacent yield vehicles that absorb demand from across the capital spectrum:

• Institutional investors seeking investment-grade yield
• Hedge funds chasing structured upside
• Yield hunters willing to go down the stack for returns

Each instrument behaves like a synthetic bond, yet all are backed by a Bitcoin accumulation engine.

As Director of Bitcoin Strategy at Metaplanet, Dylan LeClair put it: “Saylor is coming for the entire fixed income market.”

Rather than issue traditional bonds, Saylor is constructing a Bitcoin-native capital stack—one that unlocks liquidity without ever selling the underlying asset.

Why It Matters: A Model for Bitcoin Treasury Strategy

Strategy’s capital structure is more than innovation—it’s a financial operating system for any public company that wants to monetize Bitcoin’s rise while maintaining capital discipline.

Key takeaways:

• Every layer matches a specific investor need: From low-risk debt to speculative yield
• Capital flows in, Bitcoin stays put: Preserving treasury position while scaling
• No single instrument dominates: The stack is diversified by design
• Control is retained: Most securities are non-voting, non-convertible

For corporations serious about building a Bitcoin-native balance sheet, this is the playbook to study.

Saylor isn’t just stacking Bitcoin—he’s engineering the financial infrastructure for a monetary paradigm shift.

Disclaimer: This content was written on behalf of Bitcoin For Corporations. This article is intended solely for informational purposes and should not be interpreted as an invitation or solicitation to acquire, purchase, or subscribe for securities.

This post How Strategy (MSTR) Built Their Capital Stack to Accelerate Bitcoin Accumulation first appeared on Bitcoin Magazine and is written by Nick Ward.

@ 6ad3e2a3:c90b7740

"Modern science is based on this principle: give us one free miracle and then we'll explain the rest."

— Terrence McKenna

I always wondered why a pot of water boils on the stove. I mean I know it boils because I turned on the electricity, but why does the electricity cause it to boil? I know the electricity produces heat, and the heat is conducted through the stainless steel pot and into the water, but why does the heat transfer from stovetop to the water?

I know the heat from the stove via the pot speeds up the molecules in the water touching it and that they in turn speed up the molecules touching them and so on throughout the pot, but why do speedy molecules cause adjacent molecules to speed up?

I mean I know they do this, but why do they do this? Why couldn’t it be that sped-up molecules only interact with sufficient speedy molecules and ignore slower ones? Why do they interact with all the molecules, causing all of them to speed up? Or why don’t the speedy ones, instead of sharing their excited state, hoard it and take more energy from adjacent slower molecules, thereby making them colder, i.e., why doesn’t half the water boil twice as fast (on the left side of the pot) while the other half (right side) turns to ice?

The molecules tend to bounce around randomly, interacting as equal opportunists on the surrounding ones rather than distinguishing only certain ones with which to interact. Why do the laws of thermodynamics behave as such rather than some other way?

There may be yet deeper layers to this, explanations going down to the atomic and even quantum levels, but no matter how far you take them, you are always, in the end, left with: “Because those are the laws of physics”, i.e., “because that’s just how it is.”

. . .

The Terrence McKenna quote, recently cited by Joe Rogan on his podcast, refers to the Big Bang, the current explanation adopted by the scientifically literate as to the origins of the universe. You see there was this insanely dense, infinitesimally small micro dot that one day (before the dawn of time) exploded outward with unimaginable power that over billions of years created what we perceive as the known universe.

What happened prior? Can’t really say because time didn’t yet exist, and “prior” doesn’t make sense in that context. Why did it do this? We don’t know. How did it get there? Maybe a supermassive black hole from another universe got too dense and exploded out the other side? Highly speculative.

So why do people believe in the Big Bang? Because it comports with and explains certain observable phenomena and predicted other phenomena which were subsequently confirmed. But scratch a little deeper for an explanation as to what caused it, for what purpose did it occur or what preceded it, and you hit the same wall.

. . .

Even if we were to understand at a quantum level how and why the Big Bang happened and what preceded it, let’s assume it’s due to Factor X, something we eventually replicated with mini big-bangs and universe creations in our labs, we would still be tasked with understanding why Factor X exists in the universe. And if Factor X were explained by Process Y, we’d still be stuck needing an explanation for Process Y — ad infinitum.

Science can thus only push the wall back farther, but can never scale it. We can never arrive at an ultimate explanation, only partial ones. Its limitations are the limitations of thought itself, the impossibility of ever creating a map at a scale of one mile per mile.

@ e8646d56:72dab368

eee

@ cae03c48:2a7d6671

Bitcoin Magazine

MARA Announces Over $100 Million in Bitcoin Mined in May 2025

Today, MARA Holdings, Inc. (NASDAQ: MARA) reported a record high month of bitcoin production in May 2025, mining 950 BTC worth over $100 million at the time of writing. A 35% increase from April and the highest monthly output since the April 2024 halving event. MARA did not sell any bitcoin in May.

JUST IN: MARA mined 950 #Bitcoin worth over $100 MILLION in May

They HODLed all of it pic.twitter.com/Z4v1zoEfga

— Bitcoin Magazine (@BitcoinMagazine) June 3, 2025

“May was a record-breaking month for MARA with 282 blocks won, a 38% increase over April and a new monthly high,” said the Chairman and CEO of MARA Fred Thiel. “Our total bitcoin holdings surpassed 49,000 BTC during May and the 950 bitcoin produced were the most since the halving event in April 2024.”

The company mined 282 blocks during the month, a 38% rise over the previous month, and now holds 49,179 BTC, worth roughly $5.23 billion at the time of writing.

“Our fully integrated tech stack is a key differentiator, and MARA Pool is the only self-owned and operated mining pool among public miners, offering greater control and efficiency,” stated Thiel. “Operating our pool means no fees to external operators and retention of the full value of block rewards. Production in May also benefitted from block reward luck. Since launch, MARA Pool’s block reward luck has outperformed the network average by over 10%, contributing to our industry-leading block production.”

Operational efficiency also improved, with energized hashrate rising 2% from 57.3 EH/s to 58.3 EH/s. MARA’s average daily bitcoin production hit 30.7 BTC, which is 31% more than the last month from April.

“We remain laser-focused on transforming MARA into a vertically integrated digital energy and infrastructure company,” commented Thiel. “We believe this model gives us tighter operational control, improves cost-efficiency, and makes us more resilient to shifts in the broader economy.”

Earlier this month, on May 8, MARA released its first quarter 2025 earnings, posting 213.9 million dollars in revenue. A 30 percent increase over the same period last year. The company’s bitcoin holdings surged 174 percent year over year, rising from 17,320 BTC to 47,531 BTC as of March 31, with an estimated value of 3.9 billion dollars at the time. In Q1, MARA mined 2,286 BTC and acquired an additional 340 BTC. Operational performance also strengthened, with energized hashrate nearly doubling from 27.8 EH/s to 54.3 EH/s, and cost per petahash per day improving by 25 percent.

This post MARA Announces Over $100 Million in Bitcoin Mined in May 2025 first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ bf47c19e:c3d2573b

Čini se da se svet kreće u pogrešnom smeru - rastući troškovi, opadajući životni standard i rastuća nestabilnost. Šta je koren problema? Naš novac je pokvaren.

Naučite više na satsvsfiat.com.

U ovom videu Džo Brajan se služi jedinstvenom i zanimljivom pričom kako bi pokazao da uzrok većine naših problema jednostavno leži u kvalitetu našeg novca. Ovaj video, koji je dostupan svima i svuda, sklapa kockice između današnjih izazova i njihovih osnovnih uzroka uz predstavljanje rešenja: Bitkoin.

Molimo vas da naučite o Bitkoinu - popravite novac i popravićete svet 🧡

@ 3eab247c:1d80aeed

Global Metrics

Here are the top stats from the last period:

• Total Bitcoin-accepting merchants: 15,306 → 16,284
• Recently verified (1y): 7,540 → 7,803 (the rest of our dataset is slowly rotting; help us before it's too late!)
• Avg. days since last verification: 398 → 405 (more mappers, please)
• Merchants boosted: 22 (for a total of 4,325 days, someone is feeling generous)
• Comments posted: 34

Find current stats over at the 👉 BTC Map Dashboard.

Merchant Adoption

Steak n’ Shake

The US 🇺🇸 is a massive country, yet its BTC Map footprint has been lagging relative to other countries ... that is until now!

In what came as a nice surprise to our Shadowy Supertaggers 🫠, the Steak ’n Shake chain began accepting Bitcoin payments across hundreds of its locations nationwide (with some international locations too).

According to CoinDesk, the rollout has been smooth, with users reporting seamless transactions powered by Speed.

This marks a significant step towards broader Bitcoin adoption in the US. Now to drop the capital gains tax on cheesburgers!

SPAR Switzerland

In other chain/franchise adoption news, the first SPAR supermarket in Switzerland 🇨🇭 to begin accepting Bitcoin was this one in Zug. It was quickly followed by this one in Rossrüti and this one in Kreuzlingen, in what is believed to be part of a wider roll-out plan within the country powered by DFX's Open CryptoPay.

That said, we believe the OG SPAR crown goes to SPAR City in Arnhem Bitcoin City!

New Features

Merchant Comments in the Web App

Web App users are now on par with Android users in that they can both see and make comments on merchants.

This is powered by our tweaked API that enables anyone to make a comment as long as they pass the satswall fee of 500 sats. This helps keep spam manageable and ensure quality comments.

And just in case you were wondering what the number count was on the merchant pins - yep, they're comments!

Here is an 👉 Example merchant page with comments.

Merchant Page Design Tweaks

To support the now trio of actions (Verify, Boost & Comment) on the merchant page, we've re-jigged the design a little to make things a little clearer.

What do you think?

Technical

Codebase Refactoring

Thanks to Hannes’s contributions, we’ve made progress in cleaning-up the Web App's codebase and completing long overdue maintenance. Whilst often thankless tasks, these caretaking activities help immensely with long-term maintainability enabling us to confidently build new features.

Auth System Upgrades

The old auth system was held together with duct tape and prayers, and we’re working on a more robust authentication system to support future public API access. Updates include:

• Password hashing
• Bearer token support
• Improved security practices

More enhancements are in progress and we'll update you in the next blog post.

Better API Documentation

Instead of relying on tribal knowledge, we're finally getting around to writing actual docs (with the help/hindrance of LLMs). The "move fast, break everything" era is over; now we move slightly slower and break slightly less. Progress!

Database Improvements

We use SQLite, which works well but it requires careful handling in async Rust environments. So now we're untangling this mess to avoid accidental blocking queries (and the ensuing dumpster fires).

Backup System Enhancements

BTC Map data comes in three layers of fragility:

• Merchants (backed up by OS - the big boys handle this)
• Non-OSM stuff (areas, users, etc. - currently stored on a napkin)
• External systems (Lightning node, submission tickets - pray to Satoshi)

We're now forcing two core members to backup everything, because redundancy is good.

Credits

Thanks to everyone who directly contributed to the project this period:

• Comino
• descubrebitcoin
• Hannes
• Igor Bubelov
• Nathan Day
• Rockedf
• Saunter
• SiriusBig
• vv01f

Support Us

There are many ways in which you can support us:

• Become a Shadowy Supertagger and help maintain your local area or pitch-in with the never-ending global effort.

• Consider a zapping this note or make a donation to the to the project here.

@ cae03c48:2a7d6671

Bitcoin Magazine

Adam Back Invests SEK 21 Million to H100 Group Bitcoin Treasury Strategy

Today, H100 Group AB announced it has entered a SEK 21 million convertible loan from an investment agreement with Adam Back, with the option to expand his investment to SEK 277 million through a five-tranche convertible loan deal. The proceeds will be used to buy Bitcoin in alignment with H100 Group’s long-term Bitcoin treasury strategy.

H100 Group AB (Ticker: H100) secures a SEK 21M ($2.1M) commitment from @adam3us , with rights to invest an additional SEK 128M ($12.8M) in tranches—bringing the total contemplated raise to SEK 277M (~$27.7M). pic.twitter.com/c0HgMSRxut

— H100 (@H100Group) June 3, 2025

Under the agreement, Back may invest up to SEK 128 million across four additional tranches, with guaranteed participation of at least 50%. Each tranche is twice his committed amount, demonstrating his support for H100’s long-term growth.

The press release said, “Adam Back may request the Second Tranche within 90 days from signing of the Initial Tranche, the Third Tranche within 90 days from signing of the Second Tranche, the Fourth Tranche within 90 days from signing of the Third Tranche and the Fifth Tranche within ninety 90 days from signing of the Fourth Tranche. In the event Adam Back does not request a Future Tranche within the deadline, the right to request subsequent Future Tranches lapses.”

The convertible loans have no interest and have a five year maturity. At any time, Back may convert the loans into shares of the Company. Conversion prices are fixed per tranche: SEK 1.75 per share for the initial tranche, rising to SEK 5.00 by the fifth tranche. H100 retains the right to force conversion if the stock price exceeds the conversion rate by 33% over a 20 day period. Full conversion of the initial tranche would result in 12 million new shares and a 9.3% dilution.

“Upon request of a tranche Adam Back is obliged to invest in the relevant Tranche with SEK 15,750,000 in the second tranche, SEK 23,625,000 in the third tranche, SEK 35,437,500 in the fourth tranche, and SEK 53,156,250 in the fifth tranche,” stated the press release. “The contemplated size for each tranche is twice the entitled amount of Adam Back.”

“We have been around since 2014 and we work with our investors to put Bitcoin in a balance sheet back then and since then,” said Adam Back at the 2025 Bitcoin Conference. “I think the way to look at the treasury companies is that 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.”

This post Adam Back Invests SEK 21 Million to H100 Group Bitcoin Treasury Strategy first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 2dd9250b:6e928072

Durante a década de 1990, houve o aumento da globalização da economia, determinando a adição do fluxo internacional de capitais, de produtos e serviços. Este fenômeno levou a uma interdependência maior entre as economias dos países. Justamente por causa da possibilidade de que um eventual colapso econômico em um país resulte no contágio dos demais. Diante disso, aumentou a preocupação com os riscos incentivando a utilização de sofisticados modelos e estratégias de avaliação de gestão de risco.

Na década, ganharam destaque ainda os graves problemas financeiros enfrentados, entre outros, pelo banco inglês Barings Bank, e pelo fundo de investimento norte-americano Long Term Capital Management.

Outro grande destaque foi a fraude superior a US$ 7 bilhões sofrida pelo banco Société Generale em Janeiro de 2008.

O Barings Bank é um banco inglês que faliu em 1995 em razão de operações financeiras irregulares e mal-sucedidas realizadas pelo seu principal operador de mercado. O rombo da instituição foi superior à US$ 1,3 Bilhão e causado por uma aposta equivocada no desempenho futuro no índice de ações no Japão. Na realidade, o mercado acionário japonês caiu mais de 15% na época, determinando a falência do banco. O Baring Bank foi vendido a um grupo financeiro holandês (ING) pelo valor simbólico de uma libra esterlina.

O Long Term Capital Management era um fundo de investimento de que perdeu em 1998 mais de US$ 4,6 bilhões em operações nos mercados financeiros internacionais. O LTCM foi socorrido pelo Banco Central dos Estados Unidos (Federal Reserve ), que coordenou uma operação de socorro financeiro à instituição. A justificativa do Banco Central para esta decisão era "o receio das possíveis consequências mundiais da falência do fundo de investimento".

O banco francês Société Generale informou, em janeiro de 2008, uma perda de US$ 7,16 bilhões determinadas por fraudes efetuadas por um operador do mercado financeiro. Segundo revelou a instituição, o operador assumiu posições no mercado sem o conhecimento da direção do banco. A instituição teve que recorrer a uma urgente captação de recursos no mercado próxima a US$ 5,0 bilhões.

E finalmente chegamos ao caso mais problemático da era das finanças modernas anterior ao Bitcoin, o caso Lehman Brothers.

O Lehman Brothers era o 4° maior de investimentos dos EUA quando pediu concordata em 15/09/2008 com dívidas que superavam inacreditáveis US$ 600 bilhões.

Não se tinha contas correntes ou talão de cheques do Lehman Brothers. Era um banco especializado em investimentos e complexas operações financeiras. Havia feito pesados investimentos em empréstimos a juros fixos no famigerado mercado subprime, e o crédito imobiliário voltado a pessoas consideradas de forte risco de inadimplência.

Com essa carteira de investimentos que valia bem menos que o estimado e o acúmulo de projetos financeiros, minou a confiança dos investidores na instituição de 158 anos. Suas ações passaram de US$ 80 a menos de US$ 4. Acumulando fracassos nas negociações para levantar fundos; a instituição de cerca de 25 mil funcionários entrou em concordata.

O Federal Reserve resgatou algumas instituições financeiras grandes e tradicionais norte-americanas como a seguradora AIG no meio da crise. O Fed injetou um capital de US$ 182, 3 bilhões no American International Group (AIG).

Foi exatamente essa decisão do Fed em salvar alguns bancos e deixar quebrar outros, que causou insegurança por parte dos clientes. E os clientes ficaram insatisfeitos tanto com os bancos de investimentos quanto com as agências de classificação de risco, como a Standard & Poor's que tinha dado uma nota alta para o Lehman Brothers no mesmo dia em que ele quebrou.

E essa foi uma das razões pelo qual o Bitcoin foi criado. Satoshi Nakamoto entendeu que as pessoas não estavam mais confiando nem no Governo, nem nos Bancos Privados que o Governo federal restagatava quando eles quebravam e isso prejudicou muita gente. Tanto que o “hash” do Genesis Block contém o título do artigo “Chancellor on brink of second bailout for banks” (Chanceler à beira de segundo resgate para bancos, em português) da edição britânica do The Times.

Esse texto foi parcialmente editado do texto de ASSAF Neto, CAF (2014).

@ 7f6db517:a4931eda

What is KYC/AML?

• The acronym stands for Know Your Customer / Anti Money Laundering.
• In practice it stands for the surveillance measures companies are often compelled to take against their customers by financial regulators.
• Methods differ but often include: Passport Scans, Driver License Uploads, Social Security Numbers, Home Address, Phone Number, Face Scans.
• Bitcoin companies will also store all withdrawal and deposit addresses which can then be used to track bitcoin transactions on the bitcoin block chain.
• This data is then stored and shared. Regulations often require companies to hold this information for a set number of years but in practice users should assume this data will be held indefinitely. Data is often stored insecurely, which results in frequent hacks and leaks.  
• KYC/AML data collection puts all honest users at risk of theft, extortion, and persecution while being ineffective at stopping crime. Criminals often use counterfeit, bought, or stolen credentials to get around the requirements. Criminals can buy "verified" accounts for as little as $200. Furthermore, billions of people are excluded from financial services as a result of KYC/AML requirements.

During the early days of bitcoin most services did not require this sensitive user data, but as adoption increased so did the surveillance measures. At this point, most large bitcoin companies are collecting and storing massive lists of bitcoiners, our sensitive personal information, and our transaction history.

Lists of Bitcoiners

KYC/AML policies are a direct attack on bitcoiners. Lists of bitcoiners and our transaction history will inevitably be used against us.

Once you are on a list with your bitcoin transaction history that record will always exist. Generally speaking, tracking bitcoin is based on probability analysis of ownership change. Surveillance firms use various heuristics to determine if you are sending bitcoin to yourself or if ownership is actually changing hands.  You can obtain better privacy going forward by using collaborative transactions such as coinjoin to break this probability analysis.

Fortunately, you can buy bitcoin without providing intimate personal information. Tools such as peach, hodlhodl, robosats, azteco and bisq help; mining is also a solid option: anyone can plug a miner into power and internet and earn bitcoin by mining privately.

You can also earn bitcoin by providing goods and/or services that can be purchased with bitcoin. Long term, circular economies will mitigate this threat: most people will not buy bitcoin - they will earn bitcoin - most people will not sell bitcoin - they will spend bitcoin.

There is no such thing as KYC or No KYC bitcoin, there are bitcoiners on lists and those that are not on lists.

---

If you found this post helpful support my work with bitcoin.

@ 7f6db517:a4931eda

What is KYC/AML?

• The acronym stands for Know Your Customer / Anti Money Laundering.
• In practice it stands for the surveillance measures companies are often compelled to take against their customers by financial regulators.
• Methods differ but often include: Passport Scans, Driver License Uploads, Social Security Numbers, Home Address, Phone Number, Face Scans.
• Bitcoin companies will also store all withdrawal and deposit addresses which can then be used to track bitcoin transactions on the bitcoin block chain.
• This data is then stored and shared. Regulations often require companies to hold this information for a set number of years but in practice users should assume this data will be held indefinitely. Data is often stored insecurely, which results in frequent hacks and leaks.  
• KYC/AML data collection puts all honest users at risk of theft, extortion, and persecution while being ineffective at stopping crime. Criminals often use counterfeit, bought, or stolen credentials to get around the requirements. Criminals can buy "verified" accounts for as little as $200. Furthermore, billions of people are excluded from financial services as a result of KYC/AML requirements.

During the early days of bitcoin most services did not require this sensitive user data, but as adoption increased so did the surveillance measures. At this point, most large bitcoin companies are collecting and storing massive lists of bitcoiners, our sensitive personal information, and our transaction history.

Lists of Bitcoiners

KYC/AML policies are a direct attack on bitcoiners. Lists of bitcoiners and our transaction history will inevitably be used against us.

Once you are on a list with your bitcoin transaction history that record will always exist. Generally speaking, tracking bitcoin is based on probability analysis of ownership change. Surveillance firms use various heuristics to determine if you are sending bitcoin to yourself or if ownership is actually changing hands.  You can obtain better privacy going forward by using collaborative transactions such as coinjoin to break this probability analysis.

Fortunately, you can buy bitcoin without providing intimate personal information. Tools such as peach, hodlhodl, robosats, azteco and bisq help; mining is also a solid option: anyone can plug a miner into power and internet and earn bitcoin by mining privately.

You can also earn bitcoin by providing goods and/or services that can be purchased with bitcoin. Long term, circular economies will mitigate this threat: most people will not buy bitcoin - they will earn bitcoin - most people will not sell bitcoin - they will spend bitcoin.

There is no such thing as KYC or No KYC bitcoin, there are bitcoiners on lists and those that are not on lists.

---

If you found this post helpful support my work with bitcoin.

@ 9dd283b1:cf9b6beb

To all territory owners,

• Can I co-found a territory with someone? Is it on the roadmap to be able to do so?
• Can I automatically split the territory rewards with other stackers?
• Can I rename the territory in the future?

Thanks

https://stacker.news/items/996796

@ 7f6db517:a4931eda

Nostr is an open communication protocol that can be used to send messages across a distributed set of relays in a censorship resistant and robust way.

---

If you missed my nostr introduction post you can find it here. My nostr account can be found here.

---

We are nearly at the point that if something interesting is posted on a centralized social platform it will usually be posted by someone to nostr.

We are nearly at the point that if something interesting is posted exclusively to nostr it is cross posted by someone to various centralized social platforms.

We are nearly at the point that you can recommend a cross platform app that users can install and easily onboard without additional guides or resources.

As companies continue to build walls around their centralized platforms nostr posts will be the easiest to cross reference and verify - as companies continue to censor their users nostr is the best censorship resistant alternative - gradually then suddenly nostr will become the standard. 🫡

Current Nostr Stats

---

If you found this post helpful support my work with bitcoin.

@ 0b884d0d:9abbd54a

Conceitos chaves

Neste artigo você vai entender um pouco dos conceitos chave desse novo conjunto de ferramentas para aplicar justiça de forma descentralizada e anárquica.

Antes de continuar a leitura, quero elucidar alguns termos que serão constantemente usados neste artigo.

• Private Law Society (PLS)
• Uma organização sem fins lucrativos com o objetivo de criar novas soluções para tornar cada vez mais viável a aplicabilidade de uma justiça privada e descentralizada
• Ao mesmo tempo, um conjunto de protocolos e softwares de código aberto com o mesmo propósito
• Links úteis
  • Perfil Nostr: nostr:npub1p79dx59d5gctllar73cqnucqft89gpkfmydxj4mmk2jj69s7hn3sfjatxx
  • GitHub: https://github.com/PrivateLawSociety
  • Sobre: https://privatelawsociety.net
• Bitcoin Justice Protocol (BJP)
• Um protocolo estabelecido pela Private Law Society
• Também um software de código aberto disponível no GitHub da Private Law Society
• Links úteis
  • GitHub: https://github.com/PrivateLawSociety/pls-bjp
  • Sobre: https://privatelawsociety.net/bjp
  • Implementação oficial da PLS: https://pls-bjp.vercel.app/
• Web Of Trust (WoT)
• Uma base de dados com avaliações entre usuários Nostr relatando confiança/desconfiança e se um usuário teve relações comerciais ou não com outro
• O objetivo é ser um repositório de reputação para chaves Nostr
• Links úteis
  • GitHub: https://github.com/PrivateLawSociety/pls-wot
  • Sobre: https://privatelawsociety.net/wot
  • Implementação oficial da PLS: https://pls-wot.vercel.app/
  • Meu fork com o grafo: https://pls-wot-kiuusai.vercel.app/

Prefácio

Recentemente saiu um episódio no BetterMoney podcast sobre o projeto de justiça privada Private Law Society.

Muitos bons pontos foram levantados neste excelente episódio pelos participantes nostr:npub12mllp29adf2fw0eeahmseczcu3y4625qyn3v4uwfvkpzlshnmj3qs903ju e nostr:npub1wsl3695cnz7skvmcfqx980fmrv5ms3tcfyfg52sttvujgxk3r4lqajteft. Mas neste entorno permanecem ainda muitas dúvidas sobre o projeto em si, seu funcionamento, princípios, objetivos e funcionalidades.

Venho através deste artigo, apresentar resumidamente o projeto, a filosofia por trás do mesmo e dar a minha visão de como este conjunto de protocolos chamado Private Law Society tem a capacidade de não só transformar o mundo como o conhecemos, mas de tornar boa parte do "poder judiciário" obsoleto e irrelevante em vários aspectos, se assim os indivíduos o quiserem.

Mas afinal, o que é essa tal de PLS?

PLS é um acrônimo para Private Law Society (Sociedade de Leis Privadas em uma tradução livre). Além de uma organização sem fins lucrativos e totalmente Open Source, trata-se de um conjunto de softwares disponíveis no GitHub de forma a estruturar um protocolo de justiça privada descentralizado com colateral em Bitcoin. Falei grego para você? Vamos com calma dissecar estes conceitos...

Sociedade de leis privadas, a "utopia" libertária se tornando realidade

Quem é adepto do movimento libertário e/ou estuda o tema, provavelmente já ouviu falar nesse termo. Originalmente cunhado por David Hume, o filósofo e idealista escocẽs. O projeto toma este nome com o intúito, talvez de forma ambiciosa, mas com certeza visionária e audaz, de trazer uma solução prática e simples de estabelecer contratos voluntários entre duas ou mais partes, as quais livremente escolhem os seus "árbitros" ou "juízes" para fazer valer a lei. Como realmente uma justiça paralela a qual o contrato faz lei entre as partes.

Para uma introdução sobre o conceito, indico este vídeo do canal AnCapSu que trata sobre o tema de forma resumida.

Essa ideia, simples a priori esbarra no problema da aplicabilidade da força, ou ao menos era o que se pensava, antes da criação de ferramentas como o Bitcoin e soluções como Taproot e Bitcoin Scripts. Agora, com uma propriedade realmente soberana, programável e incensurável, essa ideia começa a ganhar forma.

Basicamente, uma dúvida plausível para uma pessoa leiga no assunto seria: "Tá, entendi. Esse tal de bitcoin é realmente bom, seguro e o Estado não tem poder de controle sobre ele. Mas como isso pode gerar essa tal de sociedade de leis privadas? É só uma forma de dinheiro."

A resposta para isso é: Dinheiro programável, chaves privadas e reputação!

BJP: contratos colateralizados em Bitcoin

Bitcoin, Nostr e Taproot: a chave para a aplicação da justiça privada

Se você já está minimamente envolvido com o ambiente Bitcoin, Nostr e afins, deve saber o que é um par de chaves públicas e privadas e como isso funciona. Existe uma chave pública e privada, a pública é a forma de identificação no sistema e a privada é a que gera as assinaturas. Daí é possível determinar que quem publicou a mensagem, seja na blockchain do Bitcoin, seja na rede Nostr, é o dono daquela chave pública em específico. Assim, se institui uma forma de identidade digital.

O que muita gente não sabe, ou não dá o devido valor, é que depois do soft fork Taproot da rede Bitcoin (ocorrido em 2021), os antigos Bitcoin Scripts tomaram outra forma e maior capacidade, se tornando mais práticos, leves e funcionais. Isso é o que dá base hoje para "contratos inteligentes" no Bitcoin e toda a parafernalha de Ordinals, Runes e coisas do gênero. O que pra muitos foi uma maldição que encheu a mempool, na verdade também se provou uma bênção, a qual é a base do BJP (Bitcoin Justice Protocol) da Private Law Society. A atualização permitiu com que scripts mais complexos pudessem ser desenvolvidos de forma mais simples, fossem mais leves e tivessem uma melhor privacidade. O BJP se empodera disso, fornecendo uma solução ao mesmo tempo que simples, inovadora para casos de uso de contratos. Primariamente na camada nobre do Bitcoin e posteriormente na Liquid Network, para aqueles que querem poupar em taxas e terem mais privacidade.

Por sua vez, o Nostr funciona também com criptografia de curvas elípticas, assim como nosso querido Bitcoin. Para ser mais preciso, o mesmo algoritmo é usado tanto no Nostr quanto no Bitcoin. O Secp256k1. Na prática isso significa que toda chave Nostr também é uma chave Bitcoin em potencial. O BJP se apropria dessa interconexão para possibilitar a criação de contratos jurídicos.

BJP: uma multisig sofisticada?

Ok, até agora vimos o que torna esse tal de BJP possível, mas como ele funciona e como eu posso usá-lo na prática?

Bem grosseiramente falando, o BJP é um software que facilita a criação de carteiras multisig específicas para contratos jurídicos. Com ele, você constrói uma multisig não convencional com Taproot que assegura o cumprimento do contrato mediante concordância de todas as partes "clientes" do contrato ou do número mínimo de árbitros configurados previamente + um dos clientes.

Na prática, um script Taproot é montado com a seguinte lógica:

``` Clientes = {Lista de chaves públicas dos clientes}

Árbitros = {Lista de chaves públicas dos árbitros}

Quorum = Número mínimo de árbitros para aprovar a transação

Se todos os Clientes concordarem: Libera gasto Senão se 1 dentre todos os Clientes concorda e ao menos o Quorum de Árbitros concorda: Libera gasto Senão Bloqueia gasto ```

Esse algoritmo garante que o contrato seja efetuado e esteja de acordo com a vontade de todas as partes envolvidas, ou, se entrar em "disputa judicial", o número mínimo de árbitros designados para "fazer valer a lei", concorde junto com a parte lesada para onde os fundos devem ir.

Um exemplo prático:

Aqui temos um exemplo prático de aplicabilidade de um contrato feito através do BJP. Nesse caso, tendo a concordar com o nostr:npub1narc0ect9jf0ffnvcwg8kdqlte69yxfcxgxwaq35eygw42t3jqvq4hxv0r e discordar do nostr:npub12mllp29adf2fw0eeahmseczcu3y4625qyn3v4uwfvkpzlshnmj3qs903ju quando o primeiro comenta no recente episódio do BetterMoney Podcast:

19:30 Eu discordo do Júlio. Acho que a PLS seria perfeita pro contrato de aluguel. O locatário coloca o colateral e o proprietário vai ter certeza de que não vai tomar calote.

E se uma das partes tentar levar pra justiça estatal, não vai ter nenhum nome no contrato, apenas chaves públicas.

E está certo. O exemplo prático que acabei de citar reforça isso. Não há nada que impeça também, de no contrato, ter uma cláusula a qual envolver a justiça estatal cause algum prejuízo ou perda de causa imediata para a parte expositora. Não estou fazendo recomendação alguma, fazendo apologia a qualquer prática ou aconselhando usar deste tipo de artifício, se o que falo possa ser interpretado como crime pela lei positivada (não sou advogado). Mas, no campo das ideias e das possibilidades no mundo real, é uma possível solução/alternativa.

Vamos ao exemplo...

Adriano Calango quer alugar um apartamento de Beto Lagartixa. Só que ambos não se conhecem e não confiam suficientemente um no outro para fazer um contrato. Ambos decidem então escrever um documento. Word, Pdf ou um texto puro. Não importa. Lá estão todas as cláusulas, o caução do aluguel, multas estabelecidas para uso indevido, penalidades, dia de pagamento, decisão sobre multa de atraso, enfim, qualquer detalhe desse contrato.

Adriano Calango, escolhe Célsio Jacaré, seu amigo como seu árbitro pessoal. Beto Lagartixa escolhe Danilo Crocodilo, seu amigo, como seu árbitro pessoal. Ambos escolhem Eduardo Cobra, um réptil íntegro, com reputação ilibada e que já fez vários julgamentos, como um árbitro em comum para seu contrato. Daqui temos: dois contratantes, duas testemunhas e um juíz.

Adriano Calango então, acessa o site da PLS BJP para criar o contrato. Configura os clientes (ele e Beto Lagartixa), configura todos os árbitros, anexa o arquivo e cria o contrato na rede Bitcoin.

Um evento Nostr criptografado é criado e um link de compartilhamento do contrato é disponibilizado. Adriano Calango compartilha esse link com todos os usuários disponíveis.

Todos os usuários verificam os detalhes do contrato e se o documento do contrato bate com o contrato assinado. Todas as partes ativamente concordando, a nossa multisig é criada.

Um arquivo do contrato é disponibilizado para acessar a multisig do contrato posteriormente. Todos os usuários salvam esse arquivo e o mantém guardado em um local seguro. O objetivo disso é ter redundância. Se um dos participantes perder este arquivo, outro pode compartilhar o mesmo para possibilitar o acesso à multisig do contrato.

Adriano Calango e Beto Lagartixa depositam os devidos colaterais no contrato. Seja o caução de aluguel ou um montante separado para ser empenhorado. Isso é definido pelo acordo feito previamente.

Se tudo ocorrer bem, assim que Adriano Calango resolver se mudar e Beto Lagartixa não tiver nenhuma objeção quanto a isso, ambos voltam para o contrato previamente feito e concordam quanto aos montantes que cada um receberá de volta. Dividem o preço da taxa entre si e cada um tem sua propriedade de volta.

Digamos que Adriano Calango não cumpriu com parte do contrato, atrasando o pagamento de alguns meses. Por outro lado, Beto Lagartixa também não cumpriu parte de seu acordo, deixando de fornecer serviços prescritos no contrato como segurança de condomínio e um elevador funcional. O caso então é levado aos árbitros. Célsio Jacaré argumenta a favor de Adriano Calango, questionando Beto Lagartixa sobre os serviços não prestados pelo mesmo e que claramente no contrato estavam previstos como parte inclusa no custo do aluguel. Danilo Crocodio retruca sobre a inadimplência de Adriano Calango, defendendo seu amigo/cliente, Beto Lagartixa. Eduardo Cobra, ao ouvir calmamente todos os argumentos de ambos os lados, então decide: - Adriano Calango foi inadimplente por três meses. Portanto terá uma multa de 35% sobre seu patrimônio - Beto Lagartixa terá uma multa de 25% sobre o seu patrimônio, pois não prestou o serviço com a devida qualidade - O restante do patrimônio será devolvido para seus respectivos donos - Dos valores da multa: - 90% será dividido entre cada árbitro. 30% para cada - Os 10% restantes serão queimados em taxas para os mineradores

Note que não foi usado nenhum meio coercitivo para solucionar o caso e penalizar os réus em seus devidos processos. Tudo foi aceito voluntariamente previamente, inclusive da parte dos árbitros. As multas aplicadas são meramente ilustrativas. Em um cenário real, tais penalidades seriam acordadas previamente e na falta das mesmas, todas as partes discutiriam até entrar em um acordo quanto a decisão. É totalmente plausível que, por exemplo, a penalidade fosse queimar todo o valor das multas em taxas para os mineradores, se assim todos aceitassem. O mecanismo de mineração nesse cenário também se torna um possivel meio de aplicação de força em um julgamento.

Só esta parte do ecosistema já faz boa parte dos casos de uso da justiça estatal obsoleta, dando maior descentralização, privacidade e soberania para os indivíduos.

Nesse cenário temos novamente a "utopia" libertária sendo definitivamente aplicada. Não há dedo do Estado no meio, todos os contratos foram previamente acordados entre as partes e não houve violação ao PNA (Princípio da Não Agressão). Todo o processo foi estritamente voluntário desde o começo.

WoT: A digitalização da reputação

Quem vê o projeto a primeira vista, pode pensar:

Ah Calango. Legal essa solução com bitcoin e tal. Mas eu vou sempre precisar gastar meus bitcoins toda vida que fizer um contrato? Tem contratos que isso não vale a pena!

Sim. Isso é verdade. Tanto que foi genialmente um caso citado pelo nostr:npub12mllp29adf2fw0eeahmseczcu3y4625qyn3v4uwfvkpzlshnmj3qs903ju. Há casos que os valores são tão pequenos que não compensa criar todo um documento de contrato para, por exemplo, comprar um livro ou algo do tipo. Ou, algumas vezes, o próprio indivíduo não quer gastar dinheiro ou travar valores para manter esse contrato. Mas não é o único caso de uso. Lembre-se que mesmo com colaterais aplicados, normalmente as pessoas não gostam de entrar em decisões judiciais ou confusões em geral. Idealmente todos querem traçar o caminho feliz da história. Então, mesmo para firmar contratos com colateral em Bitcoin usando o BJP, é plausível que um usuário queira pesquisar o "histórico" de outro usuário na rede para averiguar se é uma boa ideia ou não se envolver com aquele indivíduo em específico.

Naturalmente o ser humano já pratica esse cálculo de reputação e analisa o ambiente a sua volta para entender a hierarquia e reputação dele e de outros indivíduos em um grupo. Somos seres sociais e naturalmente na nossa cabeça já montamos uma espécie de rede de confiança na nossa cabeça com a imagem que formamos de um indivíduo X ou Y com base na nossa comunidade. Hierarquia, lideranças, influência, são características naturais do ser humano.

A partir desse cenário, surgiu a ideia de gerar uma solução para uma melhor visualização da reputação entre usuários do protocolo. O objetivo é ser primariamente um repositório com avaliações de usuários sobre outros usuários, os classificando positivamente ou negativamente e informando se houve ou não negócios/fechamento de contratos com o mesmo. A ideia é realmente simples e o objetivo é deixar o protocolo aberto para as mais diversas formas de interpretação desses dados. Seja com modelos matemáticos, visualização e interpretação pessoal ou até mesmo o uso de inteligência artificial para o auxiliar o usuário a tomar suas decisões.

WoT: o nome é conhecido, mas a proposta é diferente

Veja que há uma diferença prática na WoT da PLS e outros projetos de WoT espalhados pela internet afora e pelo Nostr. A maioria dos projetos de WoT são para determinar se uma pessoa/chave privada é ou não relevante a partir da visão de outra chave privada. É o caso de serviços de WoT como o da Coracle.Social, Vertexlab.io e mais recentemente da nova implementação de WoT Relays. Serviços como estes tem o objetivo de reduzir ou eliminar spam e falsidade ideológica (fakes), assim como oferecer uma espécie de algoritmo de recomendação, similar ao que é feito em redes sociais como YouTube e Instagram.

Note que em nenhum momento o objetivo da WoT da PLS é definir por A + B quem é ou deixa de ser confiável ou inconfiável, afinal, confiança é algo estritamente relativo. Nenhum projeto pode ter a audácia de tentar classificar pessoas como confiáveis ou inconfiáveis a nível de estabelecimento de contratos. A PLS entende isso e respeita esse caráter subjetivo da confiança. De igual maneira, nunca foi o objetivo de qualquer projeto de WoT sério fazer algo similar ao que é feito em países como a China, onde pessoas têm alguma espécie de "crédito social". Fique tranquilo. Nosso objetivo não é tornar os episódios distópicos de Black Mirror em realidade 🤣

Visualização em grafo: uma proposta elegante

Desde que entrei de cabeça no projeto da PLS, uma coisa que veio sendo falada nas reuniões era sobre a criação de novas ferramentas para visualizar a rede de formas mais intuitivas, que ajudassem os usuários ao julgar pessoas como confiáveis ou não para estabelecer contratos, e ao mesmo tempo, resolvessem o problema de UX que é uma simples tabela com avaliações entre usuários da rede. A tendência é, a partir do momento que o projeto comece a ter adesão, que o número de notas cresça exponencialmente, e com isso, a visualização da reputação dos indivíduos seja pouco intuitiva. Uma solução apresentada para este problema foi a criação de um frontend com grafos, ou melhor, a criação de uma forma de visualização da sua rede de confiança em particular. A partir disso, foi gerada uma bounty no projeto para a implementação desta solução, a qual eu orgulhosamente estou construindo (na verdade está pronta para uso. Mas ainda quero melhorar algumas coisas). O objetivo é simples: dar ao usuário mais uma forma de contemplar os dados da WoT, de forma mais particular e intuitiva. Facilitando a tomada de decisões.

A natureza da confiança humana em sintonia com a tecnologia

Bolhas virtuais, vilarejos e mineiros

Uma possível crítica que o projeto possa receber é a possibilidade de ataques de spam ou cancelamento em massa corroer ou inviabilizar a utilidade do protocolo. Ataque Sybil também. Entretanto, são espantalhos até bem inocentes quanto ao projeto em questão.

Como havia mencionado anteriormente, a base do projeto em si é propositalmente simples e não se propõe a dar uma solução definitiva para a visualização dos dados postos no protocolo. A tabela de avaliações hoje existente no site da WoT da PLS é apenas uma das inúmeras formas de interpretar estes dados. E uma forma efetiva para problemas como esse, é justamente a implementação de uma visualização por grafo, onde os usuários podem ver redes de confiança sendo tracejadas a partir do ponto de vista específico de uma npub em particular.

Aqui a lógica de um antigo ditado é aplicada:

"O amigo do meu amigo é meu amigo"

Da mesma maneira também podemos formular outras afirmações como:

"O inimigo do meu inimigo é meu amigo"

"O inimigo do meu amigo é meu inimigo"

"O amigo do meu inimigo é meu inimigo"

Se tais derivações fazem sentido para você ou não, não cabe a mim dizer. Novamente, confiança é intrinsecamente algo de caráter subjetivo. Vai de cada um decidir quem é ou não confiável. É justamente por isso que estou implementando diversos filtros de avaliações no meu fork da PLS.

Na prática é o velho jogo de política de sempre. Como bem citado uma vez pelo filósofo e youtuber Platinho, ao citar Carl Schmitt:

"O que define que estamos falando do campo da política é falar de tribalismo. Aliado e inimigo. Quando a galera reclama que estamos falando de poítica igual falamos de futebol, a crítica é equivocada. Política é igual futebol."

Isso também se reflete na cultura mineira (e rural do Brasil em geral), por exemplo. O clássico "cê é fi de quem?". Perceba que essa é uma forma de procurar por um caminho de confiança já estabelecido. Quem tem parente em interior sabe, que uma das coisas mais comuns é os mais velhos, seja ou tio, mãe ou avô perguntar sobre um amigo que você leve para o ambiente familiar (meu filho, esse seu amigo é filho de quem?) É algo até instintivo do ser humano procurar por rotas de confiança e trabalhar de certa forma com o QI (Quem Indica). Goste você ou não, é assim que a natureza humana se expressa e é assim que a dinâmica social é montada.

Vendo que é natural a formação de bolhas, não é uma boa ideia em si interpretar os dados da WoT da PLS simplesmente de uma forma numérica bruta. A melhor forma é fazer uma abordagem individual, com base na sua rede de confiança ao invés de puramente o número de avaliações positivas e negativas.

O grafo da PLS busca justamente tornar mais intuitivo, prático e sistemático essa pesquisa natural. Essa implementação é além de uma ferramenta, uma forma de expressão social muito forte, tanto em âmbito social quanto jurídico, à medida em que a dinâmica social e jurídica se entrelaçam no tecido social.

Adriano Calango ataca novamente

Para um exemplo prático, voltemos a falar dele, Adriano Calango.

Adriano Calango conhece a WoT da PLS já faz um tempo e já avaliou todos os seus parceiros comerciais e amigos aos quais tem laços de confiança já firmes e maduros. Ele procura alguém para alugar uma casa Rolante, RS. ´Ele vê alguns perfis de síndicos no Nostr que moram na mesma cidade que ele com casas disponíveis para alugar. Mas quer ter uma noção que não está se metendo em encrenca ou lidando com algum síndico chato que inferniza a vida dos inquilinos.

Dito isso, ele acessa a WoT da PLS e vai na página do grafo. Percebe que seu amigo Bruno Jabuti, ao qual já havia avaliado positivamente anteriormente, avaliou positivamente um professor de Jiu-jitsu, conhecido como Carlos Camaleão. Que além de ser avaliado positivamente por Bruno Jabuti, recebeu várias avaliações positivas de outros usuários conhecidos de Adriano Calango. Carlos Camaleão, por sua vez, avaliou positivamente um síndico da região chamado Diego Iguana. Na descrição Carlos Camaleão descreve como em todo o tempo que ele foi inquilino de Diego Iguana sempre foi bem tratado e como seu condomínio estava sempre bem organizado e era cuidadosamente zelado, e como sempre que havia alguma falha de infraestrutura, o problema era rapidamente resolvido. Adriano Calango considera firmar um contrato de aluguel com Diego Iguana.

Assim, temos o seguinte caminho de confiança estabelecido:

Adriano Calango 👍 -> Bruno Jabuti 👍 -> Carlos Camaleão 👍 -> Diego Iguana

Passando-se alguns dias, Adriano Calango é abordado por Denis Jacaré em uma DM no Nostr oferecendo aluguel baratíssimo e com poucas exigências. Denis Jacaré foi informado que Adriano Calango estava a procura de um imóvel novo para residir. Adriano Calango, então, pega a chave Nostr de Denis Jacaré e joga na parte de "target" na página do grafo na PLS WoT. Ele percebe que Denis Jacaré tem várias avaliações negativas de inúmeros usuários, mas não consegue ainda bater o martelo quanto a confiabilidade de Denis Jacaré. Ele então insere sua própria chave Nostr no campo de "main rater" e vê que tem um caminho tracejado entre a sua npub e a de Denis Jacaré. Pra sua surpresa, ele vê que Carlos Camaleão deu a Denis Jacaré uma avaliação negativa, por conta que no período em que sua filha era inquilina do mesmo, prestou um péssimo serviço. O condomínio vivia com o elevador quebrado, a portaria muitas vezes não funcionava e tinha falta de luz constante. Denis Jacaré não tomava providẽncia nenhuma quanto a isso e ainda fazia questão de causa intriga entre os inquilinos e tentar jogar uns contra os outros. Adriano Calango, então percebe que Denis Jacaré não é confiável com base na rede de confiança definida por Adriano Calango.

Nesse caso temos o seguinte circuito estabelecido:

Adriano Calango 👍 -> Bruno Jabuti 👍 -> Carlos Camaleão 👎 -> Denis Jacaré

Adriano Calango aborda Diego Iguana para estabelecer um contrato. Agora é a vez de Diego Iguana pesquisar o histórico de Adriano Calango. Pois ele quer manter a comunidade de seu condomínio saudável e não deseja aceitar inquilinos baderneiros ou barraqueiros.

Diego Iguana faz então o caminho inverso de Adriano Calango, pondo a npub de Adriano Calango como "target" e a própria npub como "main rater". Daí Diego Iguana consegue ver que Carlos camaleão deu uma nota positiva para Bruno Jabuti e Bruno Jabuti deu uma nota positiva para Adriano Calango. Os dois então fecham negócio.

Neste exemplo, o grafo da WoT da PLS serviu como uma "bússola de confiança" para Adriano Calango e Diego Iguana firmarem um contrato no BJP com seus árbitros e advogados.

Considerações finais

Neste artigo você pôde aprender os conceitos básicos da Private Law Society, motivos de certas escolhas de design, viu exemplos práticos de casos de uso e um pouco das bases filosóficas que norteiam o ecosistema da PLS. Também pôde compreender um pouco mais sobre o conceito de WoT na PLS e como isso pode ser útil com o passar do tempo e a adesão de novos usuários no sistema.

Se este conteúdo te agregou de forma positiva em algo, considere mandar um ZAP ou fazer uma doação anônima por um dos meios disponibilizados na descrição do meu perfil Nostr. Este artigo foi feito com muito carinho e dedicação. Sua doação me encoraja a continuar produzindo e lhe mantendo informado. Se não pode ou não quer contribuir financeiramente, considere engajar no conteúdo reagindo, compartilhando e comentando. Toda a ajuda é bem vinda. Agradeço de coração sua paciência e atenção para ler até aqui.

Em breve trarei novidades sobre o desenvolvimento do grafo da WoT e logo mais, vídeo novo no meu canal do YouTube. Até mais!

@ 1c5ff3ca:efe9c0f6

Just calling it Open is not enough - Herausforderungen öffentlicher Bildungsinfrastrukturen und wie Nostr helfen könnte

Ich möchte gerne mit euch teilen, an welchen Konzepten ich arbeite, um die öffentliche Bildungsinfrastruktur mit Hilfe von Nostr zugänglicher und offener zu gestalten. Ich arbeite im Bereich öffentlicher Bildungsinfrastrukturen, besonders im Feld von Open Educational Resources (#OER). OER sind offen lizenzierte Bildungsmaterialien, die mit einer offenen Lizenz, meist einer Creative Commons Lizenz, versehen sind (CC-0, CC-BY, CC-BY-SA). Durch die klare und offene Lizenzierung ist es leicht möglich, die Lernmaterialien auf die individuellen Bedarfe anzupassen, sie zu verbessern und sie erneut zu veröffentlichen.

Seit vielen Jahren wird einerseits die Entwicklung freier Bildungsmaterialien gefördert, andererseits werden Plattformen, insbesondere Repositorien gefördert, die diese Materialien verfügbar machen sollen. Denn irgendwo müssen diese Materialien zur Verfügung gestellt werden, damit sie auch gefunden werden können.

Das klappt allerdings nur so mittelgut.

Herausforderungen

Nach vielen Jahren Förderung kann die einfache Frage: "Wo kann ich denn mein OER-Material bereitstellen" nicht einfach beantwortet werden. Es gibt Services, bei denen ich mein OER hochladen kann, jedoch bleibt es dann eingeschlossen in dieser Plattform und wird nicht auf anderen Plattformen auffindbar. Außerdem sind diese Services häufig an bestimmte Bildungskontexte gebunden oder geben Content erst nach einer Qualitätsprüfung frei. Dies führt dazu, dass ein einfaches und gleichzeitig öffentliches Teilen nicht möglich ist.

Diese und weitere Herausforderungen haben ihren Ursprung darin, dass Service und Infrastruktur in der Architektur öffentlichen Bildungsarchitektur ungünstig vermischt werden. Als Infrastruktur verstehe ich hier die Bereitstellung einer öffentlichen und offen zugänglichen Bildungsinfrastruktur, auf der Daten ausgetauscht, also bereitgestellt und konsumiert werden können. Jedoch existiert eine solche Infrstruktur momentan nicht unabhängig von den Services, die auf ihr betrieben werden. Infrastrukturbetreiber sind momentan gleichzeitig immer Servicebetreiber. Da sie aber die Hand darüber haben wollen, was genau in ihrem Service passiert (verständlich), schränken sie den Zugang zu ihrer Infrastruktur mit ein, was dazu führt, dass sie Lock-In Mechanismen großer Medienplattformen in der kleinen öffentlichen Bildungsinfrastruktur replizieren.

Es ist in etwas so, als würde jeder Autobauer auch gleichzeitig die Straßen für seine Fahrzeuge bauen. Aber halt nur für seine Autos.

Anhand einiger beispielhafter Services, die bestehende Plattformen auf ihren Infrastrukturen anbieten, möchte ich die Herausforderungen aufzeigen, die ich im aktuellen Architekturkonzept sehe:

• Upload von Bildungsmaterial
• Kuration: Zusammenstellung von Listen, Annotation mit Metadaten
• Crawling, Indexierung und Suche
• Plattfformübergreifende Kollaboration in Communities -> Beispiel: Qualitätssicherung (was auch immer das genau bedeutet)
• KI- Services -> Beispiel: KI generierte Metadaten für BiIdungsmaterial

Material Upload

Der Service "Material-Upload" oder das Mitteilen eines Links zu einem Bildungsmaterial wird von verschiedenen OER-Pattformen bereitgestellt (wirlernenonline.de, oersi.org, mundo.schule).

Dies bedeutet konkret: Wenn ich bei einer der Plattformen Content hochlade, verbleibt der Content in der Regel auch dort und wird nicht mit den anderen Plattformen geteilt. Das Resultat für die User: Entweder muss ich mich überall anmelden und dort mein Material hochladen (führt zu Duplikaten) oder damit leben, dass eben nur die Nutzer:innen der jeweiligen Plattform meinen Content finden können.

Der "Open Educational Resource Search Index" (OERSI) geht diese Herausforderung an, indem die Metadaten zu den Bildungsmaterialien verschiedener Plattformen in einem Index bereitgestellt werden. Dieser Index ist wiederum öffentlich zugänglich, sodass Plattformen darüber auch Metadaten anderer Plattformen konsumieren können. Das ist schon sehr gut. Jedoch funktioniert das nur für Plattformen, die der OERSI indexiert und für alle anderen nicht. Der OERSI ist auf den Hochschulbereich fokussiert, d.h. andere Bildungskontexte werden hier ausgeschlossen. Der Ansatz für jeden Bildungsbereich einen passenden "OERSI" daneben zustellen skaliert und schlecht und es bleibt die Herausforderung bestehen, dass für jede Quelle, die indexiert werden soll, ein entsprechender Importer/Crawler geschrieben werden muss.

Dieser Ansatz (Pull-Ansatz) rennt den Materialien hinterher.

Es gibt jedoch noch mehr Einschränkungen: Die Plattformen haben sich jeweils auf spezifische Bildungskontexte spezialisiert. D.h. auf die Fragen: Wo kann ich denn mein OER bereitstellen, muss immer erst die Gegenfrage: "Für welchen Bildungsbereich denn?" beantwortet werden. Wenn dieser außerhalb des allgemeinbildendenden Bereichs oder außerhalb der Hochschule liegt, geschweige denn außerhalb des institutionellen Bildungsrahmens, wird es schon sehr, sehr dünn. Kurzum:

• Es ist nicht einfach möglich OER bereitzustellen, sodass es auch auf verschiedenen Plattformen gefunden werden kann.

Kuration

Unter Kuration verstehe ich hier die Zusammenstellung von Content in Listen oder Sammlungs ähnlicher Form sowie die Annotation dieser Sammlungen oder des Contents mit Metadaten.

Einige Plattformen bieten die Möglichkeit an, Content in Listen einzuordnen. Diese Listen sind jedoch nicht portabel. Die Liste, die ich auf Plattform A erstelle, lässt sich nicht auf Plattform B importieren. Das wäre aber schön, denn so könnten die Listen leichter auf anderen Plattformen erweitert oder sogar kollaborativ gestaltet werden, andererseits werden Lock-In-Effekte zu vermieden.

Bei der Annotation mit Metadaten treten verschiedene zentralisierende Faktoren auf. In der momentanen Praxis werden die Metadaten meist zum Zeitpunkt der Contentbereitstellung festgelegt. Meist durch eine Person oder Redaktion, bisweilen mit Unterstützung von KI-Services, die bei der Metadateneingabe unterstützen. Wie aber zusätzliche eigene Metadaten ergänzen? Wie mitteilen, dass dieses Material nicht nur für Biologie, sondern auch für Sport in Thema XY super einsetzbar wäre? Die momentanen Ansätze können diese Anforderung nicht erfüllen. Sie nutzen die Kompetenz und das Potential ihrer User nicht.

• Es gibt keine interoperablen Sammlungen
• Metadaten-Annotation ist zentralisiert
• User können keine eigenen Metadaten hinzufügen

Crawling, Indexierung und Suche

Da die Nutzer:innen nicht viele verschiedene Plattformen und Webseiten besuchen wollen, um dort nach passendem Content zu suchen, crawlen die "großen" OER-Aggregatoren diese, um die Metadaten des Contents zu indexieren. Über verschiedene Schnittstellen oder gerne auch mal über das rohe HTML. Letztere Crawler sind sehr aufwändig zu schreiben, fehleranfällig und gehen bei Design-Anpassungen der Webseite schnell kaputt, erstere sind etwas stabiler, solange sich die Schnittstelle nicht ändert. Durch den Einsatz des Allgemeinen Metadatenprofils für Bildungsressourcen (AMB) hat sich die Situation etwas verbessert. Einige Plattformen bieten jetzt eine Sitemap an, die Links zu Bildungsmaterial enthalten, die wiederum eingebettet script-tags vom Typ application/ld+json enthalten, sodass die Metadaten von dort importiert werden können.

Beispiel: e-teaching.org bietet hier eine Sitemap für ihre OER an: https://e-teaching.org/oer-sitemap.xml und auf den jeweiligen Seiten findet sich ein entsprechendes script-Tag.

Das ist schon viel besser, aber da geht noch mehr:

Zunächst ist dieser Ansatz nur für Plattformen und Akteure praktikabel, die über IT-Ressourcen verfügen, um entsprechende Funktionalitäten bei sich einbauen zu können. Lehrende können dies nicht einfach auf ihrem privaten Blog oder ähnliches umsetzen. Zum anderen besteht immer noch ein Discovery Problem. Ich muss nach wie vor wissen, wo ich suchen muss. Ich muss die Sitemaps kennen, sonst finde ich nichts. Statt eines Ansatzes, bei dem Akteure eigenständig mitteilen können, dass sie neuen Content haben (Push-Ansatz), verfolgen wir derzeit einen Ansatz, bei dem jede Plattform für sich Content im Pull-Verfahren akquiriert. Dies führt an vielen Stellen zu Doppelarbeiten, ist ineffizient (mehrere Personen bauen genau die gleichen Crawler, aber halt immer für ihre Plattform) und schliesst vor allem kleine Akteure aus (lohnt es sich einen Crawler zu programmieren, wenn die Webseite "nur" 50 Materialien bereitstellt?).

Anstatt erschlossene Daten zu teilen, arbeiten die Plattformen für sich oder stellen es höchstens wieder hinter eigenen (offenen oder geschlossenen) Schnittstellen bereit. Das ist wohl nicht das, was wir uns unter einer offenen und kollaborativen Gemeinschaft vorstellen, oder?

Bei der Suche stehen wir vor ähnlichen Herausforderungen, wie bereits oben geschildert. Obwohl verschiedene OER-Aggregatoren in Form von Repositorien oder Referatorien bereits viele der "kleineren" Plattformen indexieren und somit eine übergreifende Suche anbieten, ist es nicht möglich, diese Aggregatoren gemeinsam zu durchsuchen. Dies führt im Endeffekt dazu, dass die User wieder verschiedene Plattformen ansteuern müssen, wenn sie den gesamten OER-Fundus durchsuchen wollen.

• An vielen Stellen wird Content doppelt erschlossen, aber immer für die eigene Plattform
• Es gibt keinen geteilten Datenraum, in den Akteure Content "pushen" können
• Es gibt keine plattformübergreifenden Suchmöglichkeiten

Plattformübergreifende Kollaboration

Das wäre schön, oder? Mir ist schleierhaft, wie #OEP (Open Educational Practices, genaue Definition durch die Community steht noch aus) ohne funktionieren soll. Aber es gibt meines Wissens nach nicht mal Ansätze, wie das technisch umgesetzt werden soll (oder doch? let me hear).

Ein Szenario für solche plattformübergreifende Kollaboration könnte Qualitätssicherung sein. Gesetzt, dass sich zwei Plattformen / Communities auf etwas verständigt haben, dass sie als "Qualität" bezeichnen, wie aber dieses Gütesiegel nun an den Content bringen?

Plattform A: Na, dann kommt doch alle zu uns. Hier können wir das machen und dann hängt auch ein schönes Badge an den Materialien.

Plattform B: Ja, aber dann hängt es ja nicht an unseren Materialien. Außerdem wollen/müssen wir bei uns arbeiten, weil welche Existenzberechtigung hat denn meine Plattform noch, wenn wir alles bei dir machen?

• Obwohl nun #OEP in aller Munde sind, gibt es keine technischen Ansätze, wie (plattformübergreifende) Kollaboration technisch abgebildet werden kann

KI-Services

Was ist heute schon komplett ohne das Thema KI zu erwähnen? Mindestens für den nächsten Förderantrag muss auch irgendetwas mit KI gemacht werden...

Verschiedene Projekte erarbeiten hilfreiche und beeindruckende KI-Services. Beispielsweise, um die Annotation von Content mit Metadaten zu erleichtern, Metadaten automatisch hinzuzufügen, Content zu bestimmten Themen zu finden oder (halb-)automatisch zu Sammlungen hinzuzufügen. Aber (vielleicht habt ihr es schon erraten): Funktioniert halt nur auf der eigenen Plattform. Vermutlich, weil die Services nah am plattformeigenen Datenmodell entwickelt werden. Und da die Daten dieses Silo nicht verlassen, passt das schon. Das führt dazu, dass an mehreren Stellen die gleichen Services doppelt entwickelt werden.

• KI-Services funktionieren oft nur auf der Plattform für die sie entwickelt werden

Zusammenfassung der Probleme

Wir machen übrigens vieles schon sehr gut (Einsatz des AMB, Offene Bidungsmaterialien, wir haben eine großartige Community) und jetzt müssen wir halt weiter gehen.

(Die OER-Metadatengruppe, die das Allgemeine Metadatenprofil für Bildungsressourcen (AMB) entwickelt hat, bekommt für ihre Arbeit keine direkte Förderung. Gleichzeitig ist sie eine zentrale Anlaufstelle für alle, die mit Metadaten in offenen Bildungsinfrastukturen hantieren und das Metadatenprofil ist eines der wenigen Applikationsprofile, das öffentlich einsehbar, gut dokumentiert ist und Validierungsmöglichkeiten bietet.)

Betrachten wir die gesamten Plattformen und die beschriebenen Herausforderungen aus der Vogelperspektive, so lassen sich drei ineinander verschränkte Kernbestandteile unterscheiden, die helfen, die beschriebenen Probleme besser zu verstehen:

• User
• Service
• Daten

User: Auf (fast) allen Plattformen agieren User. Sie laden Material hoch, annotieren mit Metadaten, sind in einer Community, suchen Content usw. Egal, ob sie sich einloggen können/müssen, irgendetwas bieten wir unseren Usern an, damit sie daraus hoffentlich Mehrwerte ziehen

Service: Das ist dieses irgendetwas. Die "Webseite", die Oberfläche, das, wo der User klicken und etwas tun kann. Es ist das, was den Daten oft eine "visuelle" Form gibt. Der Service ist der Mittler, das Interface zwischen User und Daten. Mithilfe des Services lassen sich Daten erzeugen, verändern oder entfernen (Es gibt natürlich auch viele nicht-visuelle Services, die Interaktion mit Daten ermöglichen, aber für die meisten normalen Menschen, gibt es irgendwo was zu klicken).

Daten: Die Informationen in strukturierter maschinenlesbarer Form, die dem User in gerenderter Form durch einen Service Mehrwerte bieten können. Ungerenderte Daten können wir schwieirg erfassen (wir sind ja nicht Neo). Das können entweder die Metadaten zu Bildungmaterialien sein, die Materialien selbst, Profilinformationen, Materialsammlungen o.ä.

Meines Erachtens nach haben viele der oben beschriebenen Herausforderungen ihren Ursprung darin, dass die drei Kernbestandteile User, Service, Daten ungünstig miteinander verbunden wurden. Was kein Vorwurf sein soll, denn das ist genau die Art und Weise, wie die letzten Jahre (Jahrzehnte?) Plattformen immer gebaut wurden:

• User, Service und Daten werden in einer Plattform gebündelt

Das heisst durch meinen Service agieren die User mit den Daten und ich kann sicherstellen, dass in meiner kleinen Welt alles gut miteinander funktioniert. Sinnvoll, wenn ich Microsoft, Facebook, X oder ähnliches bin, weil mein Geschäftsmodell genau darin liegt: User einschließen (lock-in), ihnen die Hohheit über ihren Content nehmen (oder kannst du deine Facebook Posts zu X migrieren?) und nach Möglichkeit nicht wieder rauslassen.

Aber unsere Projekte sind öffentlich. Das sind nicht die Mechanismen, die wir replizieren sollten. Also was nun?

Bildungsinfrasstrukturen auf Basis des Nostr-Protokolls

Nostr

Eine pseudonyme Person mit dem Namen "fiatjaf" hat 2019 ein Konzept für ein Social Media Protokoll "Nostr - Notes and Other Stuff Transmitted By Relays" wie folgt beschrieben:

It does not rely on any trusted central server, hence it is resilient, it is based on cryptographic keys and signatures, so it is tamperproof, it does not rely on P2P techniques, therefore it works.

Fiatjaf, 2019

Die Kernbestandsteile des Protokolls bestehen aus:

• JSON -> Datenformat
• SHA256 & Schnorr -> Kryptographie
• Websocket -> Datenaustausch

Und funktionieren tut es so:

User besitzen ein "Schlüsselpaar": einen privaten Schlüssel (den behälst du für dich, nur für dich) und einen öffentlichen Schlüssel, den kannst du herumzeigen, das ist deine öffentliche Identität. Damit sagst du anderen Usern: Hier schau mal, das bin ich. Die beiden Schlüssel hängen dabei auf eine "magische" (kryptografische) Weise zusammen: Der öffentliche Schlüssel lässt sich aus dem privaten Schlüssel generieren, jedoch nicht andersherum. D.h. falls du deinen öffentlichen Schlüssel verlierst: Kein Problem, der lässt sich immer wieder herstellen. Wenn du deinen privaten Schlüssel verlierst: Pech gehabt, es ist faktisch unmöglich, diesen wieder herzustellen.

Die Schlüsselmagie geht jedoch noch weiter: Du kannst mit deinem privaten Schlüssel "Nachrichten" signieren, also wie unterschreiben. Diese Unterschrift, die du mit Hilfe des privaten Schlüssels erstellst, hat eine magische Eigenschaft: Jeder kann mithilfe der Signatur und deinem öffentlichen* Schlüssel nachprüfen, dass nur die Person, die auch den privaten Schlüssel zu diesem öffentlichen Schlüssel besitzt, diese Nachricht unterschrieben haben kann. Magisch, richtig? Verstehst du nicht komplett? Nicht schlimm, du benutzt es bereits vermutlich, ohne dass du es merkst. Das ist keine fancy neue Technologie, sondern gut abgehangen und breit im Einsatz.

Merke: User besitzen ein Schlüsselpaar und können damit Nachrichten signieren.

Dann gibt es noch die Services. Services funktionieren im Grunde wie bereits oben beschrieben. Durch sie interagieren die User mit Daten. Aber bei Nostr ist es ein kleines bisschen anders als sonst, denn: Die Daten "leben" nicht in den Services. Aber wo dann?

Wenn ein User einen Datensatz erstellt, verändert oder entfernen möchte, wird dieses "Event" (so nennen wir das bei Nostr) mit deinem privaten Schlüssel signiert (damit ist für alle klar, nur du kannst das gemacht haben) und dann mehrere "Relays" gesendet. Das sind die Orte, wo die Daten gehalten werden. Wenn ein User sich in einen Service einloggt, dann holt sich der Service die Daten, die er braucht von diesen Relays. User, Service und Daten sind also entkoppelt. Der User könnte zu einem anderen Service wechseln und sich dieseleben Daten von den Relays holen. Keine Lock-In Möglichkeiten.

Merke: User, Service und Daten sind entkoppelt.

Zuletzt gibt es noch die Relays. Relays sind Orte. Es sind die Orte, zu denen die Events, also die Daten der User, ihre Interaktionen, gesendet und von denen sie angefragt werden. Sie sind sowas wie das Backend von Nostr, allerdings tun sie nicht viel mehr als das: Events annehmen, Events verteilen. Je nach Konfiguration dürfen nur bestimmte User auf ein Relay schreiben oder davon lesen.

Das Protokoll ist von seinem Grunddesign auf Offenheit und Interoperabilität ausgelegt. Keine Registrierung ist nötig, sondern nur Schlüsselpaare. Durch kryptografische Verfahren kann dennoch die Authentizitität eines Events sichergestellt werden, da nur die Inhaberin des jeweiligen Schlüsselpaares dieses Event so erstellen konnte. Die Relays sorgen dafür die Daten an die gewünschten Stellen zu bringen und da wir mehr als nur eines benutzen, haben wir eine gewisse Ausfallsicherheit. Da die Daten nur aus signierten JSON-Schnipseln bestehen, können wir sie leicht an einen anderen Ort kopieren, im Falle eines Ausfalls. Durch die Signaturen ist wiederum sichergestellt, dass zwischendurch keine Veränderungen an den Daten vorgenommen wurden.

Beispiel: Ein Nostr Event

Hier ein kleiner technischer Exkurs, der beschreibt, wie Nostr Events strukturiert sind. Falls dich die technischen Details nicht so interessieren, überspringe diesen Abschnitt ruhig.

Jedes Nostr Event besitzt die gleiche Grundstruktur mit den Attributen:

• id: Der Hash des Events
• pubkey: Der Pubkey des Urhebers des Events
• created_at: Der Zeitstempel des Events
• kind: Der Typ des Events
• tags: Zusätzliche Metadaten für das Event können in diesem Array hinterlegt werden
• content: Der textuelle Inhalt eines Events
• sig: Die Signatur des Events, um die Integrität der Daten zu überprüfen

json { "id": <32-bytes lowercase hex-encoded sha256 of the serialized event data>, "pubkey": <32-bytes lowercase hex-encoded public key of the event creator>, "created_at": <unix timestamp in seconds>, "kind": <integer between 0 and 65535>, "tags": [ [<arbitrary string>...], // ... ], "content": <arbitrary string>, "sig": <64-bytes lowercase hex of the signature of the sha256 hash of the serialized event data, which is the same as the "id" field> }

Die verwendeten Eventtypen sowie die existierenden Spezifikationen lassen sich unter https://github.com/nostr-protocol/nips/ einsehen.

Wichtig ist auch: Du kannst einfach anfangen, Anwendungen zu entwickeln. Die Relays werden alle Events akzeptieren, die dem o.g. Schema folgen. Du musst also niemanden um Erlaubnis fragen oder warten, bis deine Spezifikation akzeptiert und hinzugefügt wurde.

You can just build things.

Exkurs: Nostr für Binärdaten - Blossom

Ja, aber... das ist doch nur für textbasierte Daten geeignet? Was ist denn mit den Binärdaten (Bilder, Videos, PDFs, etc)

Diese Daten sind oft recht groß und es wurde sich auf das Best-Practice geeignet, diese Daten nicht auf Relays abzulegen, sondern einen besser geeigneten Publikationsmechanismus für diese Datentypen zu finden. Der Ansatz wird als "Blossom - Blobs stored simply on mediaservers" bezeichnet und ist recht unkompliziert.

Blossom Server (nichts anderes als simple Medienserver) nutzen Nostr Schlüsselpaare zur Verwaltung Identitäten und zum Signieren von Events. Die Blobs werden über ihren sha256 Hash identifiziert. Blossom definiert einige standardisierte Endpunkte, die beschreiben wie Medien hochgeladen werden können, wie sie konsumiert werden können usw.

Die Details, wie Authorisierung und die jeweiligen Endpunkte funktionieren, werden in der genannten Spezifikation beschrieben.

Nostr 🤝 Öffentliche Bildungsinfrastrukturen

Wie könnten Herausforderungen gelöst werden, wenn wir Nostr als Basis für die öffentliche Bildungsinfrastruktur einsetzen?

Material-Upload

• Es ist nicht einfach möglich OER bereitzustellen, sodass es auch auf verschiedenen Plattformen gefunden werden kann.

Mit Nostr als Basis-Infrastruktur würden die Metadaten und die Binärdaten nicht an den Service gekoppelt sein, von dem aus sie bereitgestellt wurden. Binärdaten können auf sogenannten Blossom-Servern gehostet werden. Metadaten, Kommentare und weitere textbasierte Daten werden über die Relay-Infrastruktur verteilt. Da Daten und Service entkoppelt sind, können die OER Materialien von verschiedenen Anwendungen aus konsumiert werden.

Kuration

• Es gibt keine interoperablen Sammlungen
• Metadaten-Annotation ist zentralisiert
• User können keine eigenen Metadaten hinzufügen

Sammlungen sind per se interoperabel. Auf Protokollebene ist definiert, wie Listen funktionieren. Die Annotation mit Metadaten ist an keiner Stelle zentralisiert. Das Versprechen der RDF-Community "Anyone can say anything about any topic" wird hier verwirklicht. Ich muss mir ja nicht alles anhören. Vielleicht konsumiere ich nur Metadaten-Events bestimmter Redaktionen oder User. Vielleicht nur diejenigen mit einer Nähe zu meinem sozialen Graphen. Jedenfalls gibt es die Möglichkeit für alle User entsprechende Metadaten bereit zu stellen.

Crawling, Indexierung und Suche * An vielen Stellen wird Content doppelt erschlossen, aber immer für die eigene Plattform * Es gibt keinen geteilten Datenraum, in den Akteure Content "pushen" können * Es gibt keine plattformübergreifenden Suchmöglichkeiten

Keine Doppelerschließungen mehr. Wenn ein User im Netzwerk ein Metadatenevent (öffentlich) veröffentlicht hat, ist es für alle konsumierbar. Der Datenraum ist per se geteilt. Plattformübergreifende Suche wird durch die Kombination aus Relays und NIPs ermöglicht. In den NIPs können spezielle Query-Formate für die jeweiligen NIPs definiert werden. Relays können anzeigen, welche NIPs sie untersützten. Eine plattformübergreifende Suche ist im Nostr eine relay-übergreifende Suche.

Plattformübergreifende Kollaboration

• Obwohl nun #OEP in aller Munde sind, gibt es keine technischen Ansätze, wie (plattformübergreifende) Kollaboration technisch abgebildet werden kann

Nostr ist der technische Ansatz.

KI-Services

• KI-Services funktionieren oft nur auf der Plattform für die sie entwickelt werden

Es gibt im Nostr das Konzept der Data Vending Machines (s. auch data-vending-machines.org). Statt also einfach nur eine API zu bauen (was auch schon sehr schön ist, wenn sie offen zugänglich ist), könnten diese Services auch als Akteure im Nostr Netzwerk fungieren und Jobs annehmen und ausführen. Die Art der Jobs kann in einer Spezifikation beschrieben werden, sodass die Funktionsweise für alle interessierten Teilnehmer im Netzwerk einfach nachzuvollziehen ist.

Die Services könnten sogar monetarisiert werden, sodass sich hier auch Möglichkeiten böten, Geschäftsmodelle zu entwickeln.

Fazit

Die Open Education Community ist großartig. Es sind einzigartige und unglaublich engagierte Menschen, die sich dem hehren Ziel "Zugängliche Bildung für Alle" -> "Offene Bildung" verschrieben haben. Wir verwenden Creative Commons Lizenzen -> Commons -> Gemeingüter. Es ist okay, dass viele Projekte von Sponsoren und Förderungen abhängig sind. Was wir machen, ist im Sinne eines Gemeingutes: Öffentliche Bildung für alle. Also zahlen wir als Gemeinschaft alle dafür.

Was nicht okay ist: Dass das, wofür wir alle gezahlt haben, nach kurzer Zeit nicht mehr auffindbar ist. Dass es eingeschlossen wird. In öffentlich finanzierten Datensilos. Es muss für alle auch langfristig verfügbar sein. Sonst ist es nicht zugänglich, nicht offen. Dann ist das O in OER nur ein Label und Marketing, um für eine ABM-Maßnahme 3 Jahre Geld zu bekommen. Denn nichts anderes ist Content-Entwicklung, wenn der Content nach drei Jahren weggeschmissen wird.

Und dasselbe gilt für OEP. Offene Lernpraktiken, sind auch nur eine Phrase, wenn wir die passende technische Infrastruktur nicht mitdenken, die wirkliche Offenheit und Kollaboration und damit die Umsetzung offener Lernpraktiken ermöglicht.

Und wenn wir uns jetzt nicht Gedanken darüber machen, die Infrastruktur für offenes Lernen anzupassen, dann werden wir vermutlich in einigen Jahren sehen können, was bei politischen Umorientierungen noch davon übrig bleiben wird. Wenn die Fördertöpfe komplett gestrichen werden, was bleibt dann übrig von dem investierten Geld?

Wir brauchen Lösungen, die engagierte Communities weiter betreiben können und denen kein Kopf abgeschlagen werden kann, ohne dass wir zwei neue daneben setzen könnten.

Wir müssen uns jetzt Gedanken darüber machen.

Wie offen will öffentliche Bildungsinfrastruktur sein?

@ 9ca447d2:fbf5a36d

Trump 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.

@ e136fbe5:b6e8325d

Trong thời đại công nghệ số và đô thị hóa nhanh chóng, Việt Nam đang chứng kiến làn sóng chuyển mình mạnh mẽ từ các thành phố truyền thống sang những khu đô thị thông minh với hệ thống hạ tầng hiện đại, kết nối số và lấy người dân làm trung tâm. Trong bối cảnh đó, EV8 đóng vai trò ngày càng quan trọng khi trở thành giải pháp hỗ trợ thiết thực cho mục tiêu phát triển đô thị bền vững, thân thiện với môi trường và thuận tiện cho người dân. Xe điện EV8 không chỉ giúp giảm thiểu ô nhiễm không khí, tiếng ồn mà còn tối ưu hóa quá trình di chuyển trong nội đô với công nghệ định vị, quản lý năng lượng và kết nối tức thời thông qua nền tảng số. Khi hạ tầng giao thông thông minh đang dần được hoàn thiện, EV8 kết hợp cùng các hệ thống đèn tín hiệu, trạm sạc công cộng, ứng dụng điều hướng, và dữ liệu thời gian thực để mang lại trải nghiệm di chuyển hiệu quả, an toàn và dễ dàng hơn. Điều này giúp người dùng không chỉ tiết kiệm chi phí mà còn chủ động trong từng hành trình, đồng thời nâng cao chất lượng sống trong môi trường đô thị văn minh. Tính linh hoạt, thân thiện và khả năng tích hợp công nghệ chính là những yếu tố khiến EV8 trở thành sự lựa chọn lý tưởng cho cư dân các thành phố thông minh tương lai.

Không dừng lại ở khía cạnh giao thông, EV8 còn đóng góp vào việc xây dựng một hệ sinh thái đô thị đa chiều với khả năng tương tác giữa con người và công nghệ. Nền tảng EV8 không chỉ cung cấp phương tiện di chuyển mà còn kết nối người dùng với mạng lưới dịch vụ tiện ích đô thị như thanh toán điện tử, quản lý năng lượng cá nhân, theo dõi chỉ số môi trường xung quanh, và nhận cảnh báo giao thông thông minh. Qua đó, EV8 góp phần thúc đẩy hành vi sống xanh, có trách nhiệm, đồng thời khuyến khích người dân sử dụng công nghệ để giải quyết các vấn đề của đời sống hàng ngày. Việc EV8 đồng hành cùng các đô thị thông minh không chỉ mang ý nghĩa công nghệ mà còn là sự cam kết về giá trị cộng đồng – tạo ra một môi trường sống hiệu quả, bền vững và kết nối cao. Đặc biệt, những chiến dịch cộng đồng và chương trình ưu đãi tích hợp như tích điểm sử dụng xanh, hoàn tiền khi tham gia các hoạt động bảo vệ môi trường, hay hỗ trợ tài chính cho người dân chuyển đổi sang xe điện đều là minh chứng cho tầm nhìn dài hạn của EV8 trong việc đồng hành cùng quá trình xây dựng thành phố tương lai. Nhờ sự hiện diện của EV8, các đô thị tại Việt Nam đang tiến gần hơn đến chuẩn mực sống thông minh – nơi công nghệ phục vụ con người một cách thiết thực và bền vững, đồng thời khẳng định vai trò tiên phong của EV8 trong việc kiến tạo tương lai đô thị số.

@ 7f6db517:a4931eda

People forget Bear Stearns failed March 2008 - months of denial followed before the public realized how bad the situation was under the surface.

Similar happening now but much larger scale. They did not fix fundamental issues after 2008 - everything is more fragile.

The Fed preemptively bailed out every bank with their BTFP program and First Republic Bank still failed. The second largest bank failure in history.

There will be more failures. There will be more bailouts. Depositors will be "protected" by socializing losses across everyone.

Our President and mainstream financial pundits are currently pretending the banking crisis is over while most banks remain insolvent. There are going to be many more bank failures as this ponzi system unravels.

Unlike 2008, we have the ability to opt out of these broken and corrupt institutions by using bitcoin. Bitcoin held in self custody is unique in its lack of counterparty risk - you do not have to trust a bank or other centralized entity to hold it for you. Bitcoin is also incredibly difficult to change by design since it is not controlled by an individual, company, or government - the supply of dollars will inevitably be inflated to bailout these failing banks but bitcoin supply will remain unchanged. I do not need to convince you that bitcoin provides value - these next few years will convince millions.

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If you found this post helpful support my work with bitcoin.

@ b1ddb4d7:471244e7

Starting January 1, 2026, the United Kingdom will impose some of the world’s most stringent reporting requirements on cryptocurrency firms.

All platforms operating in or serving UK customers-domestic and foreign alike-must collect and disclose extensive personal and transactional data for every user, including individuals, companies, trusts, and charities. 

This regulatory drive marks the UK’s formal adoption of the OECD’s Crypto-Asset Reporting Framework (CARF), a global initiative designed to bring crypto oversight in line with traditional banking and to curb tax evasion in the rapidly expanding digital asset sector.

What Will Be Reported?

Crypto firms must gather and submit the following for each transaction:

• User’s full legal name, home address, and taxpayer identification number
• Detailed data on every trade or transfer: type of cryptocurrency, amount, and nature of the transaction
• Identifying information for corporate, trust, and charitable clients

The obligation extends to all digital asset activities, including crypto-to-crypto and crypto-to-fiat trades, and applies to both UK residents and non-residents using UK-based platforms. The first annual reports covering 2026 activity are due by May 31, 2027.

Enforcement and Penalties

Non-compliance will carry stiff financial penalties, with fines of up to £300 per user account for inaccurate or missing data-a potentially enormous liability for large exchanges. The UK government has urged crypto firms to begin collecting this information immediately to ensure operational readiness.

Regulatory Context and Market Impact

This move is part of a broader UK strategy to position itself as a global fintech hub while clamping down on fraud and illicit finance. UK Chancellor Rachel Reeves has championed these measures, stating, “Britain is open for business – but closed to fraud, abuse, and instability”. The regulatory expansion comes amid a surge in crypto adoption: the UK’s Financial Conduct Authority reported that 12% of UK adults owned crypto in 2024, up from just 4% in 2021.

Enormous Risks for Consumers: Lessons from the Coinbase Data Breach

While the new framework aims to enhance transparency and protect consumers, it also dramatically increases the volume of sensitive personal data held by crypto firms-raising the stakes for cybersecurity.

The risks are underscored by the recent high-profile breach at Coinbase, one of the world’s largest exchanges.

In May 2025, Coinbase disclosed that cybercriminals, aided by bribed offshore contractors, accessed and exfiltrated customer data including names, addresses, government IDs, and partial bank details. 

The attackers then used this information for sophisticated phishing campaigns, successfully deceiving some customers into surrendering account credentials and funds.

“While private encryption keys remained secure, sufficient customer information was exposed to enable sophisticated phishing attacks by criminals posing as Coinbase personnel.”

Coinbase now faces up to $400 million in compensation costs and has pledged to reimburse affected users, but the incident highlights the systemic vulnerability created when large troves of personal data are centralized-even if passwords and private keys are not directly compromised. The breach also triggered a notable drop in Coinbase’s share price and prompted a $20 million bounty for information leading to the attackers’ capture.

The Bottom Line

The UK’s forthcoming crypto reporting regime represents a landmark in financial regulation, promising greater transparency and tax compliance. However, as the Coinbase episode demonstrates, the aggregation of sensitive user data at scale poses a significant cybersecurity risk.

As regulators push for more oversight, the challenge will be ensuring that consumer protection does not become a double-edged sword-exposing users to new threats even as it seeks to shield them from old ones.

@ 472f440f:5669301e

Marty's Bent

via nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqy0hwumn8ghj7mn0wd68yttjv4kxz7fwvf5hgcm0d9hzumnfde4xzqpq85h9z5yxn8uc7retm0n6gkm88358lejzparxms5kmy9epr236k2qtyz2zr

A lot of the focus over the last couple of months has been on the emergence of Strategy competitors in public markets looking to build sizable bitcoin treasuries and attract investors of all shapes and sizes to drive shareholder value. The other big topic in the bitcoin development world has been around OP_RETURN and the debate over whether or not the amount of data that can be shoved into a bitcoin transaction should be decided by the dominant implementation.

A topic that is just as, if not more, important that is not getting enough appreciation is the discussion around open source bitcoin developers and the lingering effects of the Biden administration's attack on Samourai Wallet and Tornado Cash. If you read our friend Matt Corallo's tweet above, you'll notice that the lingering effects are such that even though the Trump administration has made concerted efforts to reverse the effects of Operation Chokepoint 2.0 that were levied by the Biden administration, Elizabeth Warren, and her friends at the Treasury and SEC - it is imperative that we enshrine into law the rights of open source developers to build products and services that enable individuals to self-custody bitcoin and use it in a peer-to-peer fashion without the threat of getting thrown in jail cell.

As it stands today, the only assurances that we have are from an administration that is overtly in favor of the proliferation of bitcoin in the United States. There is nothing in place to stop the next administration or another down the line from reverting to Biden-era lawfare that puts thousands of bitcoin developers around the world at risk of being sent into a cage because the government doesn't like how some users leverage the code they write. To make sure that this isn't a problem down the line it is imperative that we pass the Blockchain Regulatory Clarity Act, which would not hold bitcoin developers liable for the ways in which end users leverage their tools.

Not only is this an act that would protect developers from pernicious government officials targeting them when end users use their technology in a way that doesn't make the government happy, it will also protect YOU, the end user, looking to transact in a peer-to-peer fashion and leverage all of the incredible properties of bitcoin the way they were meant to be. If the developers are not protected, they will not be able to build the technology that enables you to leverage bitcoin.

So do your part and go to saveourwallets.org. Reach out to your local representatives in Congress and Senators and make some noise. Let them know that this is something that you care deeply about and that they should not only pay attention to this bill but push it forward and enshrine it into law as quickly as possible.

There are currently many developers either behind bars or under house arrest for developing software that gives you the ability to use Bitcoin in a self-sovereign fashion and use it in a privacy-preserving way. Financial privacy isn't a crime. It is an inalienable human right that should be protected at all cost. The enshrinement of this inalienable right into law is way past due.

#FreeSamourai #FreeRoman

Headlines of the Day

MicroStrategy Copycats See Speculative Premiums Fade - via X

Square Tests Bitcoin Payments, Lightning Yields Beat DeFi - via X

Get our new STACK SATS hat - via tftcmerch.io

Bitfinex Moves $731M Bitcoin to Jack Mallers' Fund - via X

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Final thought...

Should I join a country club?

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@ 7f6db517:a4931eda

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"Privacy is necessary for an open society in the electronic age. Privacy is not secrecy.  A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world." - Eric Hughes, A Cypherpunk's Manifesto, 1993

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Privacy is essential to freedom. Without privacy, individuals are unable to make choices free from surveillance and control. Lack of privacy leads to loss of autonomy. When individuals are constantly monitored it limits our ability to express ourselves and take risks. Any decisions we make can result in negative repercussions from those who surveil us. Without the freedom to make choices, individuals cannot truly be free.

Freedom is essential to acquiring and preserving wealth. When individuals are not free to make choices, restrictions and limitations prevent us from economic opportunities. If we are somehow able to acquire wealth in such an environment, lack of freedom can result in direct asset seizure by governments or other malicious entities. At scale, when freedom is compromised, it leads to widespread economic stagnation and poverty. Protecting freedom is essential to economic prosperity.

The connection between privacy, freedom, and wealth is critical. Without privacy, individuals lose the freedom to make choices free from surveillance and control. While lack of freedom prevents individuals from pursuing economic opportunities and makes wealth preservation nearly impossible. No Privacy? No Freedom. No Freedom? No Wealth.

Rights are not granted. They are taken and defended. Rights are often misunderstood as permission to do something by those holding power. However, if someone can give you something, they can inherently take it from you at will. People throughout history have necessarily fought for basic rights, including privacy and freedom. These rights were not given by those in power, but rather demanded and won through struggle. Even after these rights are won, they must be continually defended to ensure that they are not taken away. Rights are not granted - they are earned through struggle and defended through sacrifice.

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If you found this post helpful support my work with bitcoin.

@ 866e0139:6a9334e5

Autor: Milosz Matuschek. Dieser Beitrag wurde mit dem Pareto-Client geschrieben. Sie finden alle Texte der Friedenstaube und weitere Texte zum Thema Frieden hier. Die neuesten Pareto-Artikel finden Sie in unserem Telegram-Kanal.

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Die neuesten Artikel der Friedenstaube gibt es jetzt auch im eigenen Friedenstaube-Telegram-Kanal.

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Auch wer das Kriegsgeschehen bisher nicht im Detail verfolgte (das tat ich auch nicht), horcht nun auf: Einem Nicht-Atomstaat – der Ukraine – ist ein gleichzeitiger, koordinierter Schlag gegen vier teils tausende Kilometer voneinander entfernte russische Luftbasen gelungen. Eine nicht unerhebliche Zahl strategisch wichtiger Flugzeuge wurde zerstört. Ein Angriff im hintersten russischen Hinterland, selbst jenseits der Taurus-Reichweite, durchgeführt mit Billigdrohnen, wirft erhebliche Fragen über geheimdienstliches Versagen in Russland und eklatante Mängel in der Luftverteidigung auf.

Es gibt wohl Momente, in denen Geschichte nicht geschrieben, sondern geflogen wird. Unspektakulär, relativ still, surrend, von einem LKW aus abgefeuert, mit einem Stück Technik, das kaum mehr kostet als das Gerät, auf dem ich diesen Text schreibe.

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Ein Angriff auf die Friedensverhandlungen

Die Ukraine hat sich erstmals weit über das Schlachtfeld hinaus erhoben – geografisch, technisch, symbolisch. Die Triade der atomwaffenfähigen Luftstreitkräfte Russlands – ein Heiligtum sowjetischer Machtprojektion – wurde durch das schwächste Glied in der Logikkette der Militärdoktrin beschädigt: den Überraschungseffekt. Drohnen, wie aus dem 3D-Drucker, haben eine strategische Achillesferse bloßgelegt. Nicht mit Hyperschall, sondern mit Hartplastik und GPS. Das erste Opfer dieses Angriffs dürften die Friedensverhandlungen in Istanbul sein.

Dass die Ukraine strategische Luftstützpunkte der russischen Atomwaffe angreift – koordiniert, tief im Landesinnern – wäre bereits für sich eine Zäsur. Doch dass dies unter stillschweigender Duldung oder gar Mithilfe westlicher Dienste wie der CIA erfolgt sein dürfte, während Trump zugleich als Friedenstaube auftritt, verschiebt das strategische Koordinatensystem. Die alten Verträge – START etc. – wirken wie rissige Abkommen aus der Steinzeit. Wenn die USA von der Operation wussten, darf sich Russland getäuscht fühlen. Washington kann nicht gleichzeitig Frieden mit Moskau betonen und eine Aktion dulden oder mittragen, die offensichtlich das Ziel hat, die russische Atommacht zu schwächen, woran die USA prinzipiell Interesse hätten. Falls Trump nichts davon wusste, muss man sich fragen: Regiert eigentlich er oder der „Swamp“, den er austrocknen wollte?

Egal wie man es wendet: Die Operation Spinnennetz war mehr als nur ein Angriff auf russische Flugzeuge auf russischem Gebiet. Militärisch gewinnt die Ukraine dadurch wenig, symbolisch und politisch aber viel, denn der Hauptgegner der Ukraine sind gerade nicht die hundert Millionen Dollar teuren Bomber der Russen, sondern die schleichende Kriegsunlust der Europäer – und ein Amerika, das sich mehr mit sich selbst beschäftigt als mit dem Fortgang eines Krieges, in dem es längst selbst Partei ist.

Damit sich die Reihen wieder schließen, muss der Feind sich zeigen – deutlich, fassbar, bedrohlich. Eine russische Reaktion, die auch europäische Hauptstädte erschüttert, wäre strategisch nützlich. Der Angriff war daher wohl weniger eine militärische Tat als eine psychologische Operation im Kampf um Wahrnehmung und Willen. Aus Sicht der Ukraine ist das verständlich, für sie geht es um ihre Existenz. Dafür wiederum braucht es eine erhöhte Alarmstufe.

https://www.youtube.com/watch?v=1JlQLewOAmA

Solidarität durch Eskalation?

Die kalkulierte Demütigung könnte einem Drehbuch folgen: Putin soll nun die Rolle des Eskalators übernehmen. Tut er es, war die Operation erfolgreich – denn Europas Kriegstüchtigkeit hängt nicht nur von Panzerzahlen ab, sondern von der Bereitschaft zur Konfrontation. Der Feind, den es braucht, muss sich jetzt allen ins Gedächtnis brennen.

So gesehen ist der eigentliche Coup nicht der Schaden in Djagilewo, Iwanowo oder Olenia – sondern das noch bevorstehende unsichtbare Nachspiel. Europa und die Welt betreten nun gänzlich neues Gelände, in welchem ein militärisch gedemütigtes Russland gleichzeitig Friedenswillen gegenüber Europa bekunden, rote Linien verteidigen und seine Integrität als Atom-Macht bewahren muss. Das Dilemma für Putin besteht nun darin, Stärke zu beweisen ohne sich noch mehr zum Feindbild des Aggressors machen zu lassen.

Fakt ist: Wir sind einem III. Weltkrieg gerade so nah wie seit der Kuba-Krise nicht mehr.

Und wer sich über ein russisches “Pearl Harbor” freut, sollte mal in ein Geschichtsbuch schauen, wie es am Ende für Japan ausging.

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@ 32e18276:5c68e245

6 years ago I created some tools for working with peter todd's opentimestamps proof format. You can do some fun things like create plaintext and mini ots proofs. This short post is just a demo of what these tools do and how to use them.

What is OTS?

OpenTimestamps is a protocol for stamping information into bitcoin in a minimal way. It uses OP_RETURN outputs so that it has minimal impact on chain, and potentially millions of documents are stamped all at once with a merkle tree construction.

Examples

Here's the proof of the ots.c source file getting stamped into the ots calendar merkle tree. We're simply printing the ots proof file here with otsprint:

``` $ ./otsprint ots.c.ots

version 1 file_hash sha256 f76f0795ff37a24e566cd77d1996b64fab9c871a5928ab9389dfc3a128ec8296 append 2e9943d3833768bdb9a591f1d2735804 sha256 | --> append 2d82e7414811ecbf | sha256 | append a69d4f93e3e0f6c9b8321ce2cdd90decd34d260ea3f8b55e83d157ad398b7843 | sha256 | append ac0b5896401478eb6d88a408ec08b33fd303b574fb09b503f1ac1255b432d304 | sha256 | append 8aa9fd0245664c23d31d344243b4e8b0 | sha256 | prepend 414db5a1cd3a3e6668bf2dca9007e7c0fc5aa6dc71a2eab3afb51425c3acc472 | sha256 | append 5355b15d88d4dece45cddb7913f2c83d41e641e8c1d939dac4323671a4f8e197 | sha256 | append a2babd907ca513ab561ce3860e64a26b7df5de117f1f230bc8f1a248836f0c25 | sha256 | prepend 683f072f | append 2a4cdf9e9e04f2fd | attestation calendar https://alice.btc.calendar.opentimestamps.org | --> append 7c8764fcaba5ed5d | sha256 | prepend f7e1ada392247d3f3116a97d73fcf4c0994b5c22fff824736db46cd577b97151 | sha256 | append 3c43ac41e0281f1dbcd7e713eb1ffaec48c5e05af404bca2166cdc51966a921c | sha256 | append 07b18bd7f4a5dc72326416aa3c8628ca80c8d95d7b1a82202b90bc824974da13 | sha256 | append b4d641ab029e7d900e92261c2342c9c9 | sha256 | append 4968b89b02b534f33dc26882862d25cca8f0fa76be5b9d3a3b5e2d77690e022b | sha256 | append 48c54e30b3a9ec0e6339b88ed9d04b9b1065838596a4ec778cbfc0dfc0f8c781 | sha256 | prepend 683f072f | append 8b2b4beda36c18dc | attestation calendar https://bob.btc.calendar.opentimestamps.org | --> append baa878b42ef3e0d45b324cc3a39a247a | sha256 | prepend 4fb1bc663cd641ad18e5c73fb618de1ae3d28fb5c3c224b7f9888fd52feb09ec | sha256 | append 731329278830c9725497d70e9f5a02e4b2d9c73ff73560beb3a896a2f180fdbf | sha256 | append 689024a9d57ad5daad669f001316dd0fc690ac4520410f97a349b05a3f5d69cb | sha256 | append 69d42dcb650bb2a690f850c3f6e14e46c2b0831361bac9ec454818264b9102fd | sha256 | prepend 683f072f | append bab471ba32acd9c3 | attestation calendar https://btc.calendar.catallaxy.com append c3ccce274e2f9edfa354ec105cb1a749 sha256 append 6297b54e3ce4ba71ecb06bd5632fd8cbd50fe6427b6bfc53a0e462348cc48bab sha256 append c28f03545a2948bd0d8102c887241aff5d4f6cf1e0b16dfd8787bf45ca2ab93d sha256 prepend 683f072f append 7f3259e285891c8e attestation calendar https://finney.calendar.eternitywall.com ```

The tool can create a minimal version of the proofs:

``` $ ./otsmini ots.c.ots | ./otsmini -d | ./otsprint

version 1 file_hash sha256 f76f0795ff37a24e566cd77d1996b64fab9c871a5928ab9389dfc3a128ec8296 append 2e9943d3833768bdb9a591f1d2735804 sha256 append c3ccce274e2f9edfa354ec105cb1a749 sha256 append 6297b54e3ce4ba71ecb06bd5632fd8cbd50fe6427b6bfc53a0e462348cc48bab sha256 append c28f03545a2948bd0d8102c887241aff5d4f6cf1e0b16dfd8787bf45ca2ab93d sha256 prepend 683f072f append 7f3259e285891c8e attestation calendar https://finney.calendar.eternitywall.com ```

which can be shared on social media as a string:

5s1L3tTWoTfUDhB1MPLXE1rnajwUdUnt8pfjZfY1UWVWpWu5YhW3PGCWWoXwWBRJ16B8182kQgxnKyiJtGQgRoFNbDfBss19seDnco5sF9WrBt8jQW7BVVmTB5mmAPa8ryb5929w4xEm1aE7S3SGMFr9rUgkNNzhMg4VK6vZmNqDGYvvZxBtwDMs2PRJk7y6wL6aJmq6yoaWPvuxaik4qMp76ApXEufP6RnWdapqGGsKy7TNE6ZzWWz2VXbaEXGwgjrxqF8bMstZMdGo2VzpVuE

you can even do things like gpg-style plaintext proofs:

``` $ ./otsclear -e CONTRIBUTING.ots -----BEGIN OPENTIMESTAMPS MESSAGE-----

Email patches to William Casarin jb55@jb55.com

-----BEGIN OPENTIMESTAMPS PROOF-----

AE9wZW5UaW1lc3RhbXBzAABQcm9vZgC/ieLohOiSlAEILXj4GSagG6fRNnR+CHj9e/+Mdkp0w1us gV/5dmlX2NrwEDlcBMmQ723mI9sY9ALUlXoI//AQRXlCd716J60FudR+C78fkAjwIDnONJrj1udi NDxQQ8UJiS4ZWfprUxbvaIoBs4G+4u6kCPEEaD8Ft/AIeS/skaOtQRoAg9/jDS75DI4pKGh0dHBz Oi8vZmlubmV5LmNhbGVuZGFyLmV0ZXJuaXR5d2FsbC5jb23/8AhMLZVzYZMYqwjwEPKWanBNPZVm kqsAYV3LBbkI8CCfIVveDh/S8ykOH1NC6BKTerHoPojvj1OmjB2LYvdUbgjxBGg/BbbwCGoo3fi1 A7rjAIPf4w0u+QyOLi1odHRwczovL2FsaWNlLmJ0Yy5jYWxlbmRhci5vcGVudGltZXN0YW1wcy5v cmf/8Aik+VP+n3FhCwjwELfTdHAfYQNa49I3CYycFbkI8QRoPwW28AgCLn93967lIQCD3+MNLvkM jiwraHR0cHM6Ly9ib2IuYnRjLmNhbGVuZGFyLm9wZW50aW1lc3RhbXBzLm9yZ/AQ3bEwg7mjQyKR PykGgiJewAjwID5Q68dY4m+XogwTJx72ecQEe5lheCO1RnlcJSTFokyRCPEEaD8Ft/AIw1WWPe++ 8N4Ag9/jDS75DI4jImh0dHBzOi8vYnRjLmNhbGVuZGFyLmNhdGFsbGF4eS5jb20= -----END OPENTIMESTAMPS PROOF-----

$ ./otsclear -v <<<proof_string... # verify the proof string ```

I've never really shared these tools before, I just remembered about it today. Enjoy!

Try it out: https://github.com/jb55/ots-tools

@ 127d3bf5:466f416f

In the Name of Allah, the Most Gracious, the Most Merciful,

"Permission to fight (against disbelievers) is given to those (believers) who are fought against, because they have been wronged and surely, Allah is Able to give them (believers) victory" [Quran 22:39]

"Those who believe, fight in the Cause of Allah, and those who disbelieve, fight in the cause of Taghut (anything worshipped other than Allah e.g. Satan). So fight you against the friends of Satan; ever feeble is indeed the plot of Satan."[Quran 4:76]

Some American writers have published articles under the title 'On what basis are we fighting?' These articles have generated a number of responses, some of which adhered to the truth and were based on Islamic Law, and others which have not. Here we wanted to outline the truth - as an explanation and warning - hoping for Allah's reward, seeking success and support from Him.

While seeking Allah's help, we form our reply based on two questions directed at the Americans:

(Q1) Why are we fighting and opposing you?\ (Q2) What are we calling you to, and what do we want from you?

As for the first question: Why are we fighting and opposing you? The answer is very simple:

(1) Because you attacked us and continue to attack us.

a) You attacked us in Palestine:

(i) Palestine, which has sunk under military occupation for more than 80 years. The British handed over Palestine, with your help and your support, to the Jews, who have occupied it for more than 50 years; years overflowing with oppression, tyranny, crimes, killing, expulsion, destruction and devastation. The creation and continuation of Israel is one of the greatest crimes, and you are the leaders of its criminals. And of course there is no need to explain and prove the degree of American support for Israel. The creation of Israel is a crime which must be erased. Each and every person whose hands have become polluted in the contribution towards this crime must pay its*price, and pay for it heavily.

(ii) It brings us both laughter and tears to see that you have not yet tired of repeating your fabricated lies that the Jews have a historical right to Palestine, as it was promised to them in the Torah. Anyone who disputes with them on this alleged fact is accused of anti-semitism. This is one of the most fallacious, widely-circulated fabrications in history. The people of Palestine are pure Arabs and original Semites. It is the Muslims who are the inheritors of Moses (peace be upon him) and the inheritors of the real Torah that has not been changed. Muslims believe in all of the Prophets, including Abraham, Moses, Jesus and Muhammad, peace and blessings of Allah be upon them all. If the followers of Moses have been promised a right to Palestine in the Torah, then the Muslims are the most worthy nation of this.

When the Muslims conquered Palestine and drove out the Romans, Palestine and Jerusalem returned to Islaam, the religion of all the Prophets peace be upon them. Therefore, the call to a historical right to Palestine cannot be raised against the Islamic Ummah that believes in all the Prophets of Allah (peace and blessings be upon them) - and we make no distinction between them.

(iii) The blood pouring out of Palestine must be equally revenged. You must know that the Palestinians do not cry alone; their women are not widowed alone; their sons are not orphaned alone.

(b) You attacked us in Somalia; you supported the Russian atrocities against us in Chechnya, the Indian oppression against us in Kashmir, and the Jewish aggression against us in Lebanon.

(c) Under your supervision, consent and orders, the governments of our countries which act as your agents, attack us on a daily basis;

(i) These governments prevent our people from establishing the Islamic Shariah, using violence and lies to do so.

(ii) These governments give us a taste of humiliation, and places us in a large prison of fear and subdual.

(iii) These governments steal our Ummah's wealth and sell them to you at a paltry price.

(iv) These governments have surrendered to the Jews, and handed them most of Palestine, acknowledging the existence of their state over the dismembered limbs of their own people.

(v) The removal of these governments is an obligation upon us, and a necessary step to free the Ummah, to make the Shariah the supreme law and to regain Palestine. And our fight against these governments is not separate from out fight against you.

(d) You steal our wealth and oil at paltry prices because of you international influence and military threats. This theft is indeed the biggest theft ever witnessed by mankind in the history of the world.

(e) Your forces occupy our countries; you spread your military bases throughout them; you corrupt our lands, and you besiege our sanctities, to protect the security of the Jews and to ensure the continuity of your pillage of our treasures.

(f) You have starved the Muslims of Iraq, where children die every day. It is a wonder that more than 1.5 million Iraqi children have died as a result of your sanctions, and you did not show concern. Yet when 3000 of your people died, the entire world rises and has not yet sat down.

(g) You have supported the Jews in their idea that Jerusalem is their eternal capital, and agreed to move your embassy there. With your help and under your protection, the Israelis are planning to destroy the Al-Aqsa mosque. Under the protection of your weapons, Sharon entered the Al-Aqsa mosque, to pollute it as a preparation to capture and destroy it.

(2) These tragedies and calamities are only a few examples of your oppression and aggression against us. It is commanded by our religion and intellect that the oppressed have a right to return the aggression. Do not await anything from us but Jihad, resistance and revenge. Is it in any way rational to expect that after America has attacked us for more than half a century, that we will then leave her to live in security and peace?!!

(3) You may then dispute that all the above does not justify aggression against civilians, for crimes they did not commit and offenses in which they did not partake:

(a) This argument contradicts your continuous repetition that America is the land of freedom, and its leaders in this world. Therefore, the American people are the ones who choose their government by way of their own free will; a choice which stems from their agreement to its policies. Thus the American people have chosen, consented to, and affirmed their support for the Israeli oppression of the Palestinians, the occupation and usurpation of their land, and its continuous killing, torture, punishment and expulsion of the Palestinians. The American people have the ability and choice to refuse the policies of their Government and even to change it if they want.

(b) The American people are the ones who pay the taxes which fund the planes that bomb us in Afghanistan, the tanks that strike and destroy our homes in Palestine, the armies which occupy our lands in the Arabian Gulf, and the fleets which ensure the blockade of Iraq. These tax dollars are given to Israel for it to continue to attack us and penetrate our lands. So the American people are the ones who fund the attacks against us, and they are the ones who oversee the expenditure of these monies in the way they wish, through their elected candidates.

(c) Also the American army is part of the American people. It is this very same people who are shamelessly helping the Jews fight against us.

(d) The American people are the ones who employ both their men and their women in the American Forces which attack us.

(e) This is why the American people cannot be not innocent of all the crimes committed by the Americans and Jews against us.

(f) Allah, the Almighty, legislated the permission and the option to take revenge. Thus, if we are attacked, then we have the right to attack back. Whoever has destroyed our villages and towns, then we have the right to destroy their villages and towns. Whoever has stolen our wealth, then we have the right to destroy their economy. And whoever has killed our civilians, then we have the right to kill theirs.

The American Government and press still refuses to answer the question:

Why did they attack us in New York and Washington?

If Sharon is a man of peace in the eyes of Bush, then we are also men of peace!!! America does not understand the language of manners and principles, so we are addressing it using the language it understands.

(Q2) As for the second question that we want to answer: What are we calling you to, and what do we want from you?

(1) The first thing that we are calling you to is Islam.

(a) The religion of the Unification of God; of freedom from associating partners with Him, and rejection of this; of complete love of Him, the Exalted; of complete submission to His Laws; and of the discarding of all the opinions, orders, theories and religions which contradict with the religion He sent down to His Prophet Muhammad (peace be upon him). Islam is the religion of all the prophets, and makes no distinction between them - peace be upon them all.

It is to this religion that we call you; the seal of all the previous religions. It is the religion of Unification of God, sincerity, the best of manners, righteousness, mercy, honour, purity, and piety. It is the religion of showing kindness to others, establishing justice between them, granting them their rights, and defending the oppressed and the persecuted. It is the religion of enjoining the good and forbidding the evil with the hand, tongue and heart. It is the religion of Jihad in the way of Allah so that Allah's Word and religion reign Supreme. And it is the religion of unity and agreement on the obedience to Allah, and total equality between all people, without regarding their colour, sex, or language.

(b) It is the religion whose book - the Quran - will remained preserved and unchanged, after the other Divine books and messages have been changed. The Quran is the miracle until the Day of Judgment. Allah has challenged anyone to bring a book like the Quran or even ten verses like it.

(2) The second thing we call you to, is to stop your oppression, lies, immorality and debauchery that has spread among you.

(a) We call you to be a people of manners, principles, honour, and purity; to reject the immoral acts of fornication, homosexuality, intoxicants, gambling's, and trading with interest.

We call you to all of this that you may be freed from that which you have become caught up in; that you may be freed from the deceptive lies that you are a great nation, that your leaders spread amongst you to conceal from you the despicable state to which you have reached.

(b) It is saddening to tell you that you are the worst civilization witnessed by the history of mankind:

(i) You are the nation who, rather than ruling by the Shariah of Allah in its Constitution and Laws, choose to invent your own laws as you will and desire. You separate religion from your policies, contradicting the pure nature which affirms Absolute Authority to the Lord and your Creator. You flee from the embarrassing question posed to you: How is it possible for Allah the Almighty to create His creation, grant them power over all the creatures and land, grant them all the amenities of life, and then deny them that which they are most in need of: knowledge of the laws which govern their lives?

(ii) You are the nation that permits Usury, which has been forbidden by all the religions. Yet you build your economy and investments on Usury. As a result of this, in all its different forms and guises, the Jews have taken control of your economy, through which they have then taken control of your media, and now control all aspects of your life making you their servants and achieving their aims at your expense; precisely what Benjamin Franklin warned you against.

(iii) You are a nation that permits the production, trading and usage of intoxicants. You also permit drugs, and only forbid the trade of them, even though your nation is the largest consumer of them.

(iv) You are a nation that permits acts of immorality, and you consider them to be pillars of personal freedom. You have continued to sink down this abyss from level to level until incest has spread amongst you, in the face of which neither your sense of honour nor your laws object.

Who can forget your President Clinton's immoral acts committed in the official Oval office? After that you did not even bring him to account, other than that he 'made a mistake', after which everything passed with no punishment. Is there a worse kind of event for which your name will go down in history and remembered by nations?

(v) You are a nation that permits gambling in its all forms. The companies practice this as well, resulting in the investments becoming active and the criminals becoming rich.

(vi) You are a nation that exploits women like consumer products or advertising tools calling upon customers to purchase them. You use women to serve passengers, visitors, and strangers to increase your profit margins. You then rant that you support the liberation of women.

(vii) You are a nation that practices the trade of sex in all its forms, directly and indirectly. Giant corporations and establishments are established on this, under the name of art, entertainment, tourism and freedom, and other deceptive names you attribute to it.

(viii) And because of all this, you have been described in history as a nation that spreads diseases that were unknown to man in the past. Go ahead and boast to the nations of man, that you brought them AIDS as a Satanic American Invention.

(xi) You have destroyed nature with your industrial waste and gases more than any other nation in history. Despite this, you refuse to sign the Kyoto agreement so that you can secure the profit of your greedy companies and*industries.

(x) Your law is the law of the rich and wealthy people, who hold sway in their political parties, and fund their election campaigns with their gifts. Behind them stand the Jews, who control your policies, media and economy.

(xi) That which you are singled out for in the history of mankind, is that you have used your force to destroy mankind more than any other nation in history; not to defend principles and values, but to hasten to secure your interests and profits. You who dropped a nuclear bomb on Japan, even though Japan was ready to negotiate an end to the war. How many acts of oppression, tyranny and injustice have you carried out, O callers to freedom?

(xii) Let us not forget one of your major characteristics: your duality in both manners and values; your hypocrisy in manners and principles. All*manners, principles and values have two scales: one for you and one for the others.

(a)The freedom and democracy that you call to is for yourselves and for white race only; as for the rest of the world, you impose upon them your monstrous, destructive policies and Governments, which you call the 'American friends'. Yet you prevent them from establishing democracies. When the Islamic party in Algeria wanted to practice democracy and they won the election, you unleashed your agents in the Algerian army onto them, and to attack them with tanks and guns, to imprison them and torture them - a new lesson from the 'American book of democracy'!!!

(b)Your policy on prohibiting and forcibly removing weapons of mass destruction to ensure world peace: it only applies to those countries which you do not permit to possess such weapons. As for the countries you consent to, such as Israel, then they are allowed to keep and use such weapons to defend their security. Anyone else who you suspect might be manufacturing or keeping these kinds of weapons, you call them criminals and you take military action against them.

(c)You are the last ones to respect the resolutions and policies of International Law, yet you claim to want to selectively punish anyone else who does the same. Israel has for more than 50 years been pushing UN resolutions and rules against the wall with the full support of America.

(d)As for the war criminals which you censure and form criminal courts for - you shamelessly ask that your own are granted immunity!! However, history will not forget the war crimes that you committed against the Muslims and the rest of the world; those you have killed in Japan, Afghanistan, Somalia, Lebanon and Iraq will remain a shame that you will never be able to escape. It will suffice to remind you of your latest war crimes in Afghanistan, in which densely populated innocent civilian villages were destroyed, bombs were dropped on mosques causing the roof of the mosque to come crashing down on the heads of the Muslims praying inside. You are the ones who broke the agreement with the Mujahideen when they left Qunduz, bombing them in Jangi fort, and killing more than 1,000 of your prisoners through suffocation and thirst. Allah alone knows how many people have died by torture at the hands of you and your agents. Your planes remain in the Afghan skies, looking for anyone remotely suspicious.

(e)You have claimed to be the vanguards of Human Rights, and your Ministry of Foreign affairs issues annual reports containing statistics of those countries that violate any Human Rights. However, all these things vanished when the Mujahideen hit you, and you then implemented the methods of the same documented governments that you used to curse. In America, you captured thousands the Muslims and Arabs, took them into custody with neither reason, court trial, nor even disclosing their names. You issued newer, harsher laws.

What happens in Guatanamo is a historical embarrassment to America and its values, and it screams into your faces - you hypocrites, "What is the value of your signature on any agreement or treaty?"

(3) What we call you to thirdly is to take an honest stance with yourselves - and I doubt you will do so - to discover that you are a nation without principles or manners, and that the values and principles to you are something which you merely demand from others, not that which you yourself must adhere to.

(4) We also advise you to stop supporting Israel, and to end your support of the Indians in Kashmir, the Russians against the Chechens and to also cease supporting the Manila Government against the Muslims in Southern Philippines.

(5) We also advise you to pack your luggage and get out of our lands. We desire for your goodness, guidance, and righteousness, so do not force us to send you back as cargo in coffins.

(6) Sixthly, we call upon you to end your support of the corrupt leaders in our countries. Do not interfere in our politics and method of education. Leave us alone, or else expect us in New York and Washington.

(7) We also call you to deal with us and interact with us on the basis of mutual interests and benefits, rather than the policies of sub dual, theft and occupation, and not to continue your policy of supporting the Jews because this will result in more disasters for you.

If you fail to respond to all these conditions, then prepare for fight with the Islamic Nation. The Nation of Monotheism, that puts complete trust on Allah and fears none other than Him. The Nation which is addressed by its Quran with the words: "Do you fear them? Allah has more right that you should fear Him if you are believers. Fight against them so that Allah will punish them by your hands and disgrace them and give you victory over them and heal the breasts of believing people. And remove the anger of their (believers') hearts. Allah accepts the repentance of whom He wills. Allah is All-Knowing, All-Wise." [Quran9:13-1]

The Nation of honour and respect:

"But honour, power and glory belong to Allah, and to His Messenger (Muhammad- peace be upon him) and to the believers." [Quran 63:8]

"So do not become weak (against your enemy), nor be sad, and you will be*superior ( in victory )if you are indeed (true) believers" [Quran 3:139]

The Nation of Martyrdom; the Nation that desires death more than you desire life:

"Think not of those who are killed in the way of Allah as dead. Nay, they are alive with their Lord, and they are being provided for. They rejoice in what Allah has bestowed upon them from His bounty and rejoice for the sake of those who have not yet joined them, but are left behind (not yet martyred) that on them no fear shall come, nor shall they grieve. They rejoice in a grace and a bounty from Allah, and that Allah will not waste the reward of the believers." [Quran 3:169-171]

The Nation of victory and success that Allah has promised:

"It is He Who has sent His Messenger (Muhammad peace be upon him) with guidance and the religion of truth (Islam), to make it victorious over all other religions even though the Polytheists hate it." [Quran 61:9]

"Allah has decreed that 'Verily it is I and My Messengers who shall be victorious.' Verily Allah is All-Powerful, All-Mighty." [Quran 58:21]

The Islamic Nation that was able to dismiss and destroy the previous evil Empires like yourself; the Nation that rejects your attacks, wishes to remove your evils, and is prepared to fight you. You are well aware that the Islamic Nation, from the very core of its soul, despises your haughtiness and arrogance.

If the Americans refuse to listen to our advice and the goodness, guidance and righteousness that we call them to, then be aware that you will lose this Crusade Bush began, just like the other previous Crusades in which you were humiliated by the hands of the Mujahideen, fleeing to your home in great silence and disgrace. If the Americans do not respond, then their fate will be that of the Soviets who fled from Afghanistan to deal with their military defeat, political breakup, ideological downfall, and economic bankruptcy.

This is our message to the Americans, as an answer to theirs. Do they now know why we fight them and over which form of ignorance, by the permission of Allah, we shall be victorious?

@ 7f6db517:a4931eda

Bank 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.

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If you found this post helpful support my work with bitcoin.

@ e4950c93:1b99eccd

Marques

Cosilana est une marque allemande qui crée des vêtements exclusivement en coton biologique, soie et laine pour les femmes, les bébés et les enfants.

Matières naturelles utilisées dans les produits

• Coton (biologique)
• Soie
• Laine (mérinos)

Catégories de produits proposés

Cette marque propose des produits intégralement en matière naturelle dans les catégories suivantes :

#Vêtements

• Tailles vêtements : bébés, enfants, femmes
• Sous-vêtements : culottes
• Une pièce : bodies, combinaisons
• Hauts : débardeurs, pulls, t-shirts, vestes
• Bas : leggings, pantalons, shorts
• Tête et mains : bonnets, gants
• Nuit : pyjamas

#Maison

• Linge : couvertures, turbulettes

Autres informations

• Certification GOTS
• Fabriqué en Allemagne
• Fabriqué en Europe
• Déclaration de laine de mouton sans mulesing et de bien-être animal

👉 En savoir plus sur le site de la marque

Où trouver leurs produits ?

• Le mouton à lunettes (zone de livraison : France, Belgique, Luxembourg)
• Mama Owl (en anglais, zone de livraison : Royaume Uni et international)
• Chouchous (zone de livraison : France et international)

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📝 Tu peux contribuer à cette fiche en suggérant une modification en commentaire.

🗣️ Tu utilises des produits de cette marque ? Partage ton avis en commentaire.

⚡ Heureu-x-se de trouver cette information ? Soutiens le projet en faisant un don pour remercier les contribut-eur-ice-s.

@ b1ddb4d7:471244e7

Bitcoin 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:

• Unique Bitcoin-Video Ads: Part One
• Unique Bitcoin-Video Ads: Part Two

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

@ c4f5e7a7:8856cac7

I've managed to amass three SN profiles.

Is there a way to combined these?

@k00b @ek

https://stacker.news/items/995836

@ dfa02707:41ca50e3

Contribute 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."

• A step-by-step guide for setting up CCC is available here.

• 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.

Blog Post / Archive
GitHub Repo
CCC Guide
Key Teleport site

@ 7f6db517:a4931eda

Nostr is an open communication protocol that can be used to send messages across a distributed set of relays in a censorship resistant and robust way.

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If you missed my nostr introduction post you can find it here. My nostr account can be found here.

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We are nearly at the point that if something interesting is posted on a centralized social platform it will usually be posted by someone to nostr.

We are nearly at the point that if something interesting is posted exclusively to nostr it is cross posted by someone to various centralized social platforms.

We are nearly at the point that you can recommend a cross platform app that users can install and easily onboard without additional guides or resources.

As companies continue to build walls around their centralized platforms nostr posts will be the easiest to cross reference and verify - as companies continue to censor their users nostr is the best censorship resistant alternative - gradually then suddenly nostr will become the standard. 🫡

Current Nostr Stats

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If you found this post helpful support my work with bitcoin.

@ b1ddb4d7:471244e7

When Sergei talks about bitcoin, he doesn’t sound like someone chasing profits or followers. He sounds like someone about to build a monastery in the ruins.

While the mainstream world chases headlines and hype, Sergei shows up in local meetups from Sacramento to Cleveland, mentors curious minds, and shares what he knows is true – hoping that, with the right spark, someone will light their own way forward.

We interviewed Sergei to trace his steps: where he started, what keeps him going, and why teaching bitcoin is far more than explaining how to set up a node – it’s about reaching the right minds before the noise consumes them. So we began where most journeys start: at the beginning.

First Steps

• So, where did it all begin for you and what made you stay curious?

I first heard about bitcoin from a friend’s book recommendation, American Kingpin, the book about Silk Road (online drug marketplace). He is still not a true bitcoiner, although I helped him secure private keys with some bitcoin.

I was really busy at the time – focused on my school curriculum, running a 7-bedroom Airbnb, and working for a standardized test prep company. Bitcoin seemed too technical for me to explore, and the pace of my work left no time for it.

After graduating, while pursuing more training, I started playing around with stocks and maximizing my savings. Passive income seemed like the path to early retirement, as per the promise of the FIRE movement (Financial Independence, Retire Early). I mostly followed the mainstream news and my mentor’s advice – he liked preferred stocks at the time.

I had some Coinbase IOUs and remember sending bitcoin within the Coinbase ledger to a couple friends. I also recall the 2018 crash; I actually saw the legendary price spike live but couldn’t benefit because my funds were stuck amidst the frenzy. I withdrew from that investment completely for some time. Thankfully, my mentor advised to keep en eye on bitcoin.

Around late 2019, I started DCA-ing cautiously. Additionally, my friend and I were discussing famous billionaires, and how there was no curriculum for becoming a billionaire. So, I typed “billionaires” into my podcast app, and landed on We Study Billionaires podcast.

That’s where I kept hearing Preston Pysh mention bitcoin, before splitting into his own podcast series, Bitcoin Fundamentals. I didn’t understand most of the terminology of stocks, bonds, etc, yet I kept listening and trying to absorb it thru repetition. Today, I realize all that financial talk was mostly noise.

When people ask me for a technical explanation of fiat, I say: it’s all made up, just like the fiat price of bitcoin! Starting in 2020, during the so-called pandemic, I dove deeper. I religiously read Bitcoin Magazine, scrolled thru Bitcoin Twitter, and joined Simply Bitcoin Telegram group back when DarthCoin was an admin.

DarthCoin was my favorite bitcoiner – experienced, knowledgeable, and unapologetic. Watching him shift from rage to kindness, from passion to despair, gave me a glimpse at what a true educator’s journey would look like.

The struggle isn’t about adoption at scale anymore. It’s about reaching the few who are willing to study, take risks, and stay out of fiat traps. The vast majority won’t follow that example – not yet at least… if I start telling others the requirements for true freedom and prosperity, they would certainly say “Hell no!”

• At what point did you start teaching others, and why?

After college, I helped teach at a standardized test preparation company, and mentored some students one-on-one. I even tried working at a kindergarten briefly, but left quickly; Babysitting is not teaching.

What I discovered is that those who will succeed don’t really need my help – they would succeed with or without me, because they already have the inner drive.

Once you realize your people are perishing for lack of knowledge, the only rational thing to do is help raise their level of knowledge and understanding. That’s the Great Work.

I sometimes imagine myself as a political prisoner. If that were to happen, I’d probably start teaching fellow prisoners, doctors, janitors, even guards. In a way we already live in an open-air prison, So what else is there to do but teach, organize, and conspire to dismantle the Matrix?

Building on Bitcoin

• You hosted some in-person meetups in Sacramento. What did you learn from those?

My first presentation was on MultiSig storage with SeedSigner, and submarine swaps through Boltz.exchange.

I realized quickly that I had overestimated the group’s technical background. Even the meetup organizer, a financial advisor, asked, “How is anyone supposed to follow these steps?” I responded that reading was required… He decided that Unchained is an easier way.

At a crypto meetup, I gave a much simpler talk, outlining how bitcoin will save the world, based on a DarthCoin’s guide. Only one person stuck around to ask questions – a man who seemed a little out there, and did not really seem to get the message beyond the strength of cryptographic security of bitcoin.

Again, I overestimated the audience’s readiness. That forced me to rethink my strategy. People are extremely early and reluctant to study.

• Now in Ohio, you hold sessions via the Orange Pill App. What’s changed?

My new motto is: educate the educators. The corollary is: don’t orange-pill stupid normies (as DarthCoin puts it).

I’ve shifted to small, technical sessions in order to raise a few solid guardians of this esoteric knowledge who really get it and can carry it forward.

The youngest attendee at one of my sessions is a newborn baby – he mostly sleeps, but maybe he still absorbs some of the educational vibes.

• How do local groups like Sactown and Cleveland Bitcoiners influence your work?

Every meetup reflects its local culture. Sacramento and Bay Area Bitcoiners, for example, do camping trips – once we camped through a desert storm, shielding our burgers from sand while others went to shoot guns.

Cleveland Bitcoiners are different. They amass large gatherings. They recently threw a 100k party. They do a bit more community outreach. Some are curious about the esoteric topics such as jurisdiction, spirituality, and healthful living.

I have no permanent allegiance to any state, race, or group. I go where I can teach and learn. I anticipate that in my next phase, I’ll meet Bitcoiners so advanced that I’ll have to give up my fiat job and focus full-time on serious projects where real health and wealth are on the line.

Hopefully, I’ll be ready. I believe the universe always challenges you exactly to your limit – no less, no more.

• What do people struggle with the most when it comes to technical education?

The biggest struggle isn’t technical – it’s a lack of deep curiosity. People ask “how” and “what” – how do I set up a node, what should one do with the lightning channels? But very few ask “why?”

Why does on-chain bitcoin not contribute to the circular economy? Why is it essential to run Lightning? Why did humanity fall into mental enslavement in the first place?

I’d rather teach two-year-olds who constantly ask “why” than adults who ask how to flip a profit. What worries me most is that most two-year-olds will grow up asking state-funded AI bots for answers and live according to its recommendations.

• One Cleveland Bitcoiner shows up at gold bug meetups. How valuable is face-to-face education?

I don’t think the older generation is going to reverse the current human condition. Most of them have been under mind control for too long, and they just don’t have the attention span to study and change their ways.

They’re better off stacking gold and helping fund their grandkids’ education. If I were to focus on a demographic, I’d go for teenagers – high school age – because by college, the indoctrination is usually too strong, and they’re chasing fiat mastery.

As for the gold bug meetup? Perhaps one day I will show up with a ukulele to sing some bitcoin-themed songs. Seniors love such entertainment.

• How do you choose what to focus on in your sessions, especially for different types of learners?

I don’t come in with a rigid agenda. I’ve collected a massive library of resources over the years and never stopped reading. My browser tab and folder count are exploding.

At the meetup, people share questions or topics they’re curious about, then I take that home, do my homework, and bring back a session based on those themes. I give them the key takeaways, plus where to dive deeper.

Most people won’t – or can’t – study the way I do, and I expect attendees to put in the work. I suspect that it’s more important to reach those who want to learn but don’t know how, the so-called nescient (not knowing), rather than the ignorant.

There are way too many ignorant bitcoiners, so my mission is to find those who are curious what’s beyond the facade of fake reality and superficial promises.

That naturally means that fewer people show up, and that’s fine. I’m not here for the crowds; I’m here to educate the educators. One bitcoiner who came decided to branch off into self-custody sessions and that’s awesome. Personally, I’m much more focused on Lightning.

I want to see broader adoption of tools like auth, sign-message, NWC, and LSPs. Next month, I’m going deep into eCash solutions, because let’s face it – most newcomers won’t be able to afford their own UTXO or open a lightning channel; additionally, it has to be fun and easy for them to transact sats, otherwise they won’t do it. Additionally, they’ll need to rely on

@ 5c9e5ee4:72f1325b

For too long, the autistic experience has been framed through a neurotypical lens, focusing on "differences" and "deficits." However, a profound perspective emerging from within the autistic community offers a radical reinterpretation: that autistic individuals are not inherently "broken" but rather possess a unique, often unyielding, perception of truth that challenges the very foundations of neurotypical society. From this viewpoint, autism is less about a disorder and more about a clarity of vision that apprehends the world as fundamentally "untrue" in many of its social constructs.

This perspective posits that what many autistic individuals perceive as "corrupted" or "untrue" in society isn't a subjective internal experience, but an objective reality of falsehoods, deception, and manipulation. The rejection of these elements is not a personal preference but a natural, logical response to what is genuinely illogical and dishonest.

The Core of the "Untrue" World:

• Honesty as a Default State: For many autistic people, directness and factual accuracy are paramount. Social conventions like "white lies," indirect communication, or performative politeness are not merely nuanced social skills; they are perceived as outright forms of deception and inauthenticity. The natural inclination is towards what is straightforward and verifiable.
• Logic Over Social Grace: An unwavering adherence to logic means that actions or systems that lack rational basis—such as engaging in flattery, suppressing truth for social harmony, or participating in inefficient rituals—are viewed as fundamentally nonsensical and therefore "untrue."
• Authenticity as a Non-Negotiable: The concept of "masking"—the exhausting act of suppressing one's natural autistic traits to conform—is seen as a deeply painful betrayal of self. A society that implicitly demands such a performance is deemed "corrupt" because it stifles genuine self-expression.
• Aversion to Hypocrisy: A strong sense of justice and an acute awareness of inconsistency mean that any disjuncture between stated values and actual behavior is immediately flagged as a profound untruth.

Social Groups: Formed Around a "Proudly Believed Lie"?

This critical autistic perspective extends to the very fabric of social organization. It suggests that many groups, whether religious, political, scientific, or economic, are not built on shared objective truths, but rather on "proudly believed lies." These shared narratives or belief systems, even if they contradict logic or verifiable facts, serve as the glue that binds the group, fostering identity, comfort, and a sense of belonging. The "pride" in these beliefs makes them resistant to critical examination, even when confronted with evidence.

For example: * In religion, this "lie" might be a dogma that provides solace but defies logic. * In politics, it could be an ideology based on selective truths that serve power. * In economics, it might be assumptions about markets or growth that are presented as infallible. * Even in science, while ideally pursuing truth, the social aspects of the scientific community might, at times, cling to paradigms that become "proudly believed lies," resisting new evidence.

The Disconnect: Why Autistics Are "Discredited"

If autistic individuals are part of the "5% who see it as it is"—those who perceive these societal untruths with clarity—then a natural tension arises with the "10% who want control." This controlling minority, it is argued, relies on these "untruths" to maintain power and influence over the "85% who are happy following."

From this viewpoint, the discrediting of autistic people—labeling their directness as "social deficits," their sensory experiences as "disorders," or their logical critiques as "inflexibility"—is not accidental. It is a strategic mechanism employed by the controlling "10%" to neutralize those who expose the underlying untruths, thereby safeguarding their constructed reality and maintaining influence.

In conclusion, the autistic perspective challenges us to re-evaluate the very nature of truth in our society. It suggests that what many perceive as social norms might, in fact, be a pervasive web of "untruths," and that the autistic individual's unique wiring allows for a crucial, unvarnished perception of this reality. It is a powerful call for authenticity and a profound questioning of how much of our world is built on what is genuinely true, versus what is merely believed.

@ 472f440f:5669301e

Marty's Bent

via me

I think we'll look back at last weekend as one of the most pivotal points in human history. Ukraine's Operation Spider Web is one of the more shocking things I've seen in terms of military operations in my life. It validates something that many bitcoiners, many cypherpunks, and many prescient individuals have been talking about for decades now at this point, which is asymmetric drone warfare.

The Sovereign Individual is a book that many bitcoiners have talked about throughout the years due to how prescient it was in terms of the inevitable emergence of a digital currency outside the control of central banks and governments. The book was written in the mid-90s, so the fact that the two authors were able to predict that something like bitcoin would emerge less than 20 years after writing the book is pretty incredible. However, digital currencies leveraging cryptography were not the sole focus of the book. Another portion of the book was dedicated to the idea of asymmetric drone warfare and its effects on society overall.

It seems pretty clear today that this is another call from The Sovereign Individual that is coming true. Obviously, unless you've been living under a rock, you've noticed that Ukraine has been using drones in the battlefield to target strategic Russian assets and individual soldiers over the last year. The amount of battlefield videos I've seen of Russian soldiers running from autonomous drones that are hunting them down has been increasing significantly over the last six months. The footage is truly harrowing. It is a death that I wouldn't wish on anybody. With Operation Spider Web Ukraine has increased the stakes of this type of drone warfare by going deep into Russian territory and targeting strategic long-range bombers, some of which had the ability to deploy nuclear warheads. This is sure to incite a reaction from Russia. No one will be surprised if, by the end of the week, Russia has started a shock and awe campaign that goes deep into Ukrainian territory in retaliation for the kamikaze drone strikes on their long-range aircraft. I pray for peace and a quick resolution to this war, and every other war for that matter.

I didn't come here to pontificate and give my thoughts on this particular war, but I would like to focus on this new tactic of war and what it means for military budgets moving forward. The Sovereign Individual laid it out clearly when they wrote in the 1990s that at some point in the future autonomous drones would be leveraged in the battlefield and prove to be asymmetric because of the fact that they are extremely cheap to produce. When you compare the price it cost to produce one of these drones to the price of the equipment they are destroying, things get pretty crazy. With tens of thousands of dollars of drone equipment the Ukrainian army destroyed tens if not hundreds of millions of dollars worth of long-range missile aircraft. And it did so without putting any Ukrainian military personnel in harm's way. Directly, at least.

When you consider the return on investment of deploying these drones compared to sending in soldiers, tanks, and your own aircraft, it becomes pretty obvious that this is going to quickly become the most logical way to fight a war moving forward. The question that remains is how quickly do other governments recognize this and implement it into their own defense strategies? As an American looking at our military budget, which is quickly approaching $1 trillion in annual spend, I'm forced to question whether or not most of that money is simply being wasted, considering the fact that we live in a time where these asymmetric battlefield strategies now exist. Why build new fighter jets when a Somali pirate, or nefarious individual for that matter, could use a $200 drone to destroy it in a matter of seconds with no threat of direct physical harm?

I'm no military expert, but if I were at the helm of the Defense Department, I would seriously be forcing those below me to focus a ton of effort on this problem and create plans to make sure that we are sufficiently protected from these risks. The only way to protect from these risks is to build the capabilities yourself. When it comes to the risk reward from a defense tech investment perspective I think a majority of the effort should be focused on defensive drone technologies and capabilities.

With that being said, it does seem like the US military is privy to this asymmetric reality that we currently live in. Defense contracts with Andruil make this pretty clear. Andruil is certainly ahead of the curve when it comes to autonomous drone warfare and defense against it. As an American, even though I don't like war, or the military industrial complex, knowing that the military is working with companies like Andruil does give me some comfort. However, the other side of that coin is that it is very unnerving when you consider that the government creating these public-private partnerships could lead to some Orwellian outcomes here at home. It may make some of you feel uncomfortable, but I believe the ideal scenario is that any individual has access to these types of defensive drone technologies in the future. The end goal being to create a nuclear game theoretical outcome where violence is reduced because one always has to assume that anyone they intend to attack has access to sufficient and formidable defensive technologies.

It's truly scary times we're living in as we transition further into the Digital Age. Part of the reason that I've dedicated my whole life to bitcoin is because I truly do believe that if you fix the money, you can fix the world. That is not to say that kinetic wars or physical violence will not exist in the future. It certainly will. But I believe sound money and open access to these systems and tools creates conditions which are much more suitable for cooperation and less so for conflict.

Multi-Signature Bitcoin Custody Is Replacing Single-Point Solutions

Jesse Gilger made a compelling case for why multi-signature Bitcoin custody represents the future of secure storage. He explained how Gannett Trust's approach ensures "not all of the keys are going to be at any one entity," fundamentally reducing the honeypot risk that plagues centralized custodians. This distributed model means no single point of failure can compromise your Bitcoin, whether through hacking, internal fraud, or regulatory seizure.

"I was on the list. I got the email. 'You were affected.'" - Jesse Gilger

Jesse's firsthand experience with the Coinbase data breach drives home why centralized custody is fundamentally flawed. While Coinbase holds keys for 10 of 12 Bitcoin ETFs, smart money is moving toward multi-institutional setups where Gannett holds a key, Unchained holds a key, and a third party holds a key. This alignment with Bitcoin's decentralized ethos isn't just philosophically pure—it's pragmatically superior for protecting generational wealth.

Check out the full podcast here for more on MSTY risks, Bitcoin retirement strategies and nation-state adoption dynamics.

Headlines of the Day

MicroStrategy Copycats See Speculative Premiums Fade - via X

Square Tests Bitcoin Payments, Lightning Yields Beat DeFi - via X

Get our new STACK SATS hat - via tftcmerch.io

Bitfinex Moves $731M Bitcoin to Jack Mallers' Fund - via X

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Ten31, the largest bitcoin-focused investor, has deployed $150.00M 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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Final thought...

Trying to imagine the future my children are going to live in gets harder by the day.

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@ c9badfea:610f861a

Monospace

𝙰𝙱𝙲𝙳𝙴𝙵𝙶𝙷𝙸𝙹𝙺𝙻𝙼𝙽𝙾𝙿𝚀𝚁𝚂𝚃𝚄𝚅𝚆𝚇𝚈𝚉 𝚊𝚋𝚌𝚍𝚎𝚏𝚐𝚑𝚒𝚓𝚔𝚕𝚖𝚗𝚘𝚙𝚚𝚛𝚜𝚝𝚞𝚟𝚠𝚡𝚢𝚣

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Script

𝓐𝓑𝓒𝓓𝓔𝓕𝓖𝓗𝓘𝓙𝓚𝓛𝓜𝓝𝓞𝓟𝓠𝓡𝓢𝓣𝓤𝓥𝓦𝓧𝓨𝓩 𝓪𝓫𝓬𝓭𝓮𝓯𝓰𝓱𝓲𝓳𝓴𝓵𝓶𝓷𝓸𝓹𝓺𝓻𝓼𝓽𝓾𝓿𝔀𝔁𝔂𝔃

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Fraktur

𝔄𝔅ℭ𝔇𝔈𝔉𝔊ℌℑ𝔍𝔎𝔏𝔐𝔑𝔒𝔓𝔔ℜ𝔖𝔗𝔘𝔙𝔚𝔛𝔜ℨ 𝔞𝔟𝔠𝔡𝔢𝔣𝔤𝔥𝔦𝔧𝔨𝔩𝔪𝔫𝔬𝔭𝔮𝔯𝔰𝔱𝔲𝔳𝔴𝔵𝔶𝔷

Fraktur - Bold

𝕬𝕭𝕮𝕯𝕰𝕱𝕲𝕳𝕴𝕵𝕶𝕷𝕸𝕹𝕺𝕻𝕼𝕽𝕾𝕿𝖀𝖁𝖂𝖃𝖄𝖅 𝖆𝖇𝖈𝖉𝖊𝖋𝖌𝖍𝖎𝖏𝖐𝖑𝖒𝖓𝖔𝖕𝖖𝖗𝖘𝖙𝖚𝖛𝖜𝖝𝖞𝖟

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Sans Serif - Italic

𝘈𝘉𝘊𝘋𝘌𝘍𝘎𝘏𝘐𝘑𝘒𝘓𝘔𝘕𝘖𝘗𝘘𝘙𝘚𝘛𝘜𝘝𝘞𝘟𝘠𝘡 𝘢𝘣𝘤𝘥𝘦𝘧𝘨𝘩𝘪𝘫𝘬𝘭𝘮𝘯𝘰𝘱𝘲𝘳𝘴𝘵𝘶𝘷𝘸𝘹𝘺𝘻

Sans Serif - Bold

𝗔𝗕𝗖𝗗𝗘𝗙𝗚𝗛𝗜𝗝𝗞𝗟𝗠𝗡𝗢𝗣𝗤𝗥𝗦𝗧𝗨𝗩𝗪𝗫𝗬𝗭 𝗮𝗯𝗰𝗱𝗲𝗳𝗴𝗵𝗶𝗷𝗸𝗹𝗺𝗻𝗼𝗽𝗾𝗿𝘀𝘁𝘂𝘃𝘄𝘅𝘆𝘇

Sans Serif - Bold Italic

𝘼𝘽𝘾𝘿𝙀𝙁𝙂𝙃𝙄𝙅𝙆𝙇𝙈𝙉𝙊𝙋𝙌𝙍𝙎𝙏𝙐𝙑𝙒𝙓𝙔𝙕 𝙖𝙗𝙘𝙙𝙚𝙛𝙜𝙝𝙞𝙟𝙠𝙡𝙢𝙣𝙤𝙥𝙦𝙧𝙨𝙩𝙪𝙫𝙬𝙭𝙮𝙯

Sans Serif - Double-Struck

𝖠𝖡𝖢𝖣𝖤𝖥𝖦𝖧𝖨𝖩𝖪𝖫𝖬𝖭𝖮𝖯𝖰𝖱𝖲𝖳𝖴𝖵𝖶𝖷𝖸𝖹 𝖺𝖻𝖼𝖽𝖾𝖿𝗀𝗁𝗂𝗃𝗄𝗅𝗆𝗇𝗈𝗉𝗊𝗋𝗌𝗍𝗎𝗏𝗐𝗑𝗒𝗓

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Serif - Italic

𝐴𝐵𝐶𝐷𝐸𝐹𝐺𝐻𝐼𝐽𝐾𝐿𝑀𝑁𝑂𝑃𝑄𝑅𝑆𝑇𝑈𝑉𝑊𝑋𝑌𝑍 𝑎𝑏𝑐𝑑𝑒𝑓𝑔ℎ𝑖𝑗𝑘𝑙𝑚𝑛𝑜𝑝𝑞𝑟𝑠𝑡𝑢𝑣𝑤𝑥𝑦𝑧

Serif - Bold

𝐀𝐁𝐂𝐃𝐄𝐅𝐆𝐇𝐈𝐉𝐊𝐋𝐌𝐍𝐎𝐏𝐐𝐑𝐒𝐓𝐔𝐕𝐖𝐗𝐘𝐙 𝐚𝐛𝐜𝐝𝐞𝐟𝐠𝐡𝐢𝐣𝐤𝐥𝐦𝐧𝐨𝐩𝐪𝐫𝐬𝐭𝐮𝐯𝐰𝐱𝐲𝐳

Serif - Bold Italic

𝑨𝑩𝑪𝑫𝑬𝑭𝑮𝑯𝑰𝑱𝑲𝑳𝑴𝑵𝑶𝑷𝑸𝑹𝑺𝑻𝑼𝑽𝑾𝑿𝒀𝒁 𝒂𝒃𝒄𝒅𝒆𝒇𝒈𝒉𝒊𝒋𝒌𝒍𝒎𝒏𝒐𝒑𝒒𝒓𝒔𝒕𝒖𝒗𝒘𝒙𝒚𝒛

Serif - Double-Struck

𝔸𝔹ℂ𝔻𝔼𝔽𝔾ℍ𝕀𝕁𝕂𝕃𝕄ℕ𝕆ℙℚℝ𝕊𝕋𝕌𝕍𝕎𝕏𝕐ℤ 𝕒𝕓𝕔𝕕𝕖𝕗𝕘𝕙𝕚𝕛𝕜𝕝𝕞𝕟𝕠𝕡𝕢𝕣𝕤𝕥𝕦𝕧𝕨

---

Regional Indicator Symbols

🇦 🇧 🇨 🇩 🇪 🇫 🇬 🇭 🇮 🇯 🇰 🇱 🇲 🇳 🇴 🇵 🇶 🇷 🇸 🇹 🇺 🇻 🇼 🇽 🇾 🇿

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Pseudo-Asian

卂 乃 匚 ᗪ 乇 千 Ꮆ 卄 丨 ﾌ Ҝ ㄥ 爪 几 ㄖ 卩 Ɋ 尺 丂 ㄒ ㄩ ᐯ 山 乂 ㄚ 乙

---

Circled

ⒶⒷⒸⒹⒺⒻⒼⒽⒾⒿⓀⓁⓂⓃⓄⓅⓆⓇⓈⓉⓊⓋⓌⓍⓎⓏ ⓐⓑⓒⓓⓔⓕⓖⓗⓘⓙⓚⓛⓜⓝⓞⓟⓠⓡⓢⓣⓤⓥⓦⓧⓨⓩ

---

Squared #1

🄰🅱🄲🅳🄴🅵🄶🅷🄸🅹🄺🅻🄼🅽🄾🅿🅀🆁🅂🆃🅄🆅🅆🆇🅈🆉 🅰🄱🅲🄳🅴🄵🅶🄷🅸🄹🅺🄻🅼🄽🅾🄿🆀🅁🆂🅃🆄🅅🆆🅇🆈🅉

Squared #2

🄰🄱🄲🄳🄴🄵🄶🄷🄸🄹🄺🄻🄼🄽🄾🄿🅀🅁🅂🅃🅄🅅🅆🅇🅈🅉

Squared #3

🅰🅱🅲🅳🅴🅵🅶🅷🅸🅹🅺🅻🅼🅽🅾🅿🆀🆁🆂🆃🆄🆅🆆🆇🆈🆉

Squared #4

🅐🅑🅒🅓🅔🅕🅖🅗🅘🅙🅚🅛🅜🅝🅞🅟🅠🅡🅢🅣🅤🅥🅦🅧🅨🅩

@ b1ddb4d7:471244e7

When Sergei talks about bitcoin, he doesn’t sound like someone chasing profits or followers. He sounds like someone about to build a monastery in the ruins.

While the mainstream world chases headlines and hype, Sergei shows up in local meetups from Sacramento to Cleveland, mentors curious minds, and shares what he knows is true – hoping that, with the right spark, someone will light their own way forward.

We interviewed Sergei to trace his steps: where he started, what keeps him going, and why teaching bitcoin is far more than explaining how to set up a node – it’s about reaching the right minds before the noise consumes them. So we began where most journeys start: at the beginning.

First Steps

• So, where did it all begin for you and what made you stay curious?

I first heard about bitcoin from a friend’s book recommendation, American Kingpin, the book about Silk Road (online drug marketplace). He is still not a true bitcoiner, although I helped him secure private keys with some bitcoin.

I was really busy at the time – focused on my school curriculum, running a 7-bedroom Airbnb, and working for a standardized test prep company. Bitcoin seemed too technical for me to explore, and the pace of my work left no time for it.

After graduating, while pursuing more training, I started playing around with stocks and maximizing my savings. Passive income seemed like the path to early retirement, as per the promise of the FIRE movement (Financial Independence, Retire Early). I mostly followed the mainstream news and my mentor’s advice – he liked preferred stocks at the time.

I had some Coinbase IOUs and remember sending bitcoin within the Coinbase ledger to a couple friends. I also recall the 2018 crash; I actually saw the legendary price spike live but couldn’t benefit because my funds were stuck amidst the frenzy. I withdrew from that investment completely for some time. Thankfully, my mentor advised to keep en eye on bitcoin.

Around late 2019, I started DCA-ing cautiously. Additionally, my friend and I were discussing famous billionaires, and how there was no curriculum for becoming a billionaire. So, I typed “billionaires” into my podcast app, and landed on We Study Billionaires podcast.

That’s where I kept hearing Preston Pysh mention bitcoin, before splitting into his own podcast series, Bitcoin Fundamentals. I didn’t understand most of the terminology of stocks, bonds, etc, yet I kept listening and trying to absorb it thru repetition. Today, I realize all that financial talk was mostly noise.

When people ask me for a technical explanation of fiat, I say: it’s all made up, just like the fiat price of bitcoin! Starting in 2020, during the so-called pandemic, I dove deeper. I religiously read Bitcoin Magazine, scrolled thru Bitcoin Twitter, and joined Simply Bitcoin Telegram group back when DarthCoin was an admin.

DarthCoin was my favorite bitcoiner – experienced, knowledgeable, and unapologetic. Watching him shift from rage to kindness, from passion to despair, gave me a glimpse at what a true educator’s journey would look like.

The struggle isn’t about adoption at scale anymore. It’s about reaching the few who are willing to study, take risks, and stay out of fiat traps. The vast majority won’t follow that example – not yet at least… if I start telling others the requirements for true freedom and prosperity, they would certainly say “Hell no!”

• At what point did you start teaching others, and why?

After college, I helped teach at a standardized test preparation company, and mentored some students one-on-one. I even tried working at a kindergarten briefly, but left quickly; Babysitting is not teaching.

What I discovered is that those who will succeed don’t really need my help – they would succeed with or without me, because they already have the inner drive.

Once you realize your people are perishing for lack of knowledge, the only rational thing to do is help raise their level of knowledge and understanding. That’s the Great Work.

I sometimes imagine myself as a political prisoner. If that were to happen, I’d probably start teaching fellow prisoners, doctors, janitors, even guards. In a way we already live in an open-air prison, So what else is there to do but teach, organize, and conspire to dismantle the Matrix?

Building on Bitcoin

• You hosted some in-person meetups in Sacramento. What did you learn from those?

My first presentation was on MultiSig storage with SeedSigner, and submarine swaps through Boltz.exchange.

I realized quickly that I had overestimated the group’s technical background. Even the meetup organizer, a financial advisor, asked, “How is anyone supposed to follow these steps?” I responded that reading was required… He decided that Unchained is an easier way.

At a crypto meetup, I gave a much simpler talk, outlining how bitcoin will save the world, based on a DarthCoin’s guide. Only one person stuck around to ask questions – a man who seemed a little out there, and did not really seem to get the message beyond the strength of cryptographic security of bitcoin.

Again, I overestimated the audience’s readiness. That forced me to rethink my strategy. People are extremely early and reluctant to study.

• Now in Ohio, you hold sessions via the Orange Pill App. What’s changed?

My new motto is: educate the educators. The corollary is: don’t orange-pill stupid normies (as DarthCoin puts it).

I’ve shifted to small, technical sessions in order to raise a few solid guardians of this esoteric knowledge who really get it and can carry it forward.

The youngest attendee at one of my sessions is a newborn baby – he mostly sleeps, but maybe he still absorbs some of the educational vibes.

• How do local groups like Sactown and Cleveland Bitcoiners influence your work?

Every meetup reflects its local culture. Sacramento and Bay Area Bitcoiners, for example, do camping trips – once we camped through a desert storm, shielding our burgers from sand while others went to shoot guns.

Cleveland Bitcoiners are different. They amass large gatherings. They recently threw a 100k party. They do a bit more community outreach. Some are curious about the esoteric topics such as jurisdiction, spirituality, and healthful living.

I have no permanent allegiance to any state, race, or group. I go where I can teach and learn. I anticipate that in my next phase, I’ll meet Bitcoiners so advanced that I’ll have to give up my fiat job and focus full-time on serious projects where real health and wealth are on the line.

Hopefully, I’ll be ready. I believe the universe always challenges you exactly to your limit – no less, no more.

• What do people struggle with the most when it comes to technical education?

The biggest struggle isn’t technical – it’s a lack of deep curiosity. People ask “how” and “what” – how do I set up a node, what should one do with the lightning channels? But very few ask “why?”

Why does on-chain bitcoin not contribute to the circular economy? Why is it essential to run Lightning? Why did humanity fall into mental enslavement in the first place?

I’d rather teach two-year-olds who constantly ask “why” than adults who ask how to flip a profit. What worries me most is that most two-year-olds will grow up asking state-funded AI bots for answers and live according to its recommendations.

• One Cleveland Bitcoiner shows up at gold bug meetups. How valuable is face-to-face education?

I don’t think the older generation is going to reverse the current human condition. Most of them have been under mind control for too long, and they just don’t have the attention span to study and change their ways.

They’re better off stacking gold and helping fund their grandkids’ education. If I were to focus on a demographic, I’d go for teenagers – high school age – because by college, the indoctrination is usually too strong, and they’re chasing fiat mastery.

As for the gold bug meetup? Perhaps one day I will show up with a ukulele to sing some bitcoin-themed songs. Seniors love such entertainment.

• How do you choose what to focus on in your sessions, especially for different types of learners?

I don’t come in with a rigid agenda. I’ve collected a massive library of resources over the years and never stopped reading. My browser tab and folder count are exploding.

At the meetup, people share questions or topics they’re curious about, then I take that home, do my homework, and bring back a session based on those themes. I give them the key takeaways, plus where to dive deeper.

Most people won’t – or can’t – study the way I do, and I expect attendees to put in the work. I suspect that it’s more important to reach those who want to learn but don’t know how, the so-called nescient (not knowing), rather than the ignorant.

There are way too many ignorant bitcoiners, so my mission is to find those who are curious what’s beyond the facade of fake reality and superficial promises.

That naturally means that fewer people show up, and that’s fine. I’m not here for the crowds; I’m here to educate the educators. One bitcoiner who came decided to branch off into self-custody sessions and that’s awesome. Personally, I’m much more focused on Lightning.

I want to see broader adoption of tools like auth, sign-message, NWC, and LSPs. Next month, I’m going deep into eCash solutions, because let’s face it – most newcomers won’t be able to afford their own UTXO or open a lightning channel; additionally, it has to be fun and easy for them to transact sats, otherwise they won’t do it. Additionally, they’ll need to rely on

@ dfa02707:41ca50e3

Contribute 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

• @hexlorn made their first contribution in #1858.
• @umk0m1qk made their first contribution in #1864.

Full Changelog: v0.7.6-alpha...v0.7.7-alpha

GitHub Repo

@ 1ef61805:f18312cc

**Inside OpSec Academy’s One-on-One Approach to Digital Sovereignty ** As digital infrastructure becomes increasingly opaque and centralised, a growing number of individuals are seeking to understand—not just use—the tools that protect their privacy and autonomy online. While many solutions promise security at the click of a button, few teach the underlying principles or offer environments that prioritise verifiability and user control.

OpSec Academy’s new one-on-one training, "OpSec Intensive," takes a different approach. Delivered in person and fully offline, the full-day session provides practical, tool-based instruction inside a secure, USB-booted environment—designed from the ground up to leave no trace.

At the heart of the session is OpSecOS v1.2, a live operating system that routes all traffic through Tor, uses system non-persistence, and comes preconfigured with a suite of open-source tools for password management, communication, and private finance. The OS runs from a USB stick, allowing participants to explore and build their own private computing workflows without touching the host machine.

Learning in Context: Why One-on-One? While group training can provide a general introduction to privacy concepts, it often lacks depth and adaptability. OpSec Intensive is structured as a one-on-one session to allow real-time feedback, personal threat modeling, and tailored instruction based on the participant’s specific context and technical background.

This format also makes space for slow, deliberate learning—a rarity in cybersecurity training, where content is often condensed or overly abstract. In OpSec Intensive, participants move through each phase at their own pace, working directly with an experienced instructor to build confidence and competence.

Structure and Content of the Day The curriculum spans both foundational theory and hands-on practice, beginning with basic OpSec principles before moving into technical tool use.

Topics include: * Booting and verifying OpSecOS * Secure USB creation and system verification * Navigating a non-persistent, Tor-routed live environment * Password and credential management * Offline use of KeePassXC * Strategies for vault organisation and redundancy * Bitcoin wallet setup and recovery * Single-signature and multisignature wallet creation using Sparrow, Electrum, and Feather * Understanding xpubs, derivation paths, and recovery flow * Seed phrase security * Entropy generation and validation using offline tools like iancoleman.io * Best practices for cold storage and physical backups * Network privacy and decentralised communication * Using Mempool.space to visualise Bitcoin transaction data * Setting up Nostr clients (Snort, Iris) for decentralised messaging * Discussion of traffic fingerprinting and Tor considerations

A Shift Toward Practical Sovereignty The tools and workflows covered in OpSec Intensive are not theoretical. Participants leave the session with configured environments, tested backups, and an understanding of what each tool does—and what it doesn’t do.

This reflects a broader shift in how privacy-conscious individuals are approaching digital security. Rather than relying on packaged services or closed-source software, there’s growing interest in verifiable, modular tools that prioritise autonomy and resilience over ease-of-use.

In that context, OpSec Academy’s offering sits somewhere between a workshop and an apprenticeship: not a lecture, but a process of guided, hands-on learning designed for the long haul.

To learn more or enquire about availability, visit opsecacademy.org.

@ 32e18276:5c68e245

Damus OpenSats Grant Q1 2025 Progress Report

This period of the Damus OpenSats grant has been productive, and encompasses the work our beta release of Notedeck. Since we sent our last report on January, this encompasses all the work after then.

Damus Notedeck

We released the Beta version of Notedeck, which has many new features:

Dave

We've added a new AI-powered nostr assistant, similar to Grok on X. We call him Dave.

Dave is integrated with tooling that allows it to query the local relay for posts and profiles:

Search

The beta release includes a fulltext search interface powered by nostrdb:

Zaps

You can now zap with NWC!

And More!

• GIFs!
• Add full screen images, add zoom & pan
• 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

Damus iOS

Work continued on the iOS side. While I was not directly involved in the work since the last report, I have been directing and managing its development.

What's new:

Coinos Wallet + Interface

We've partnered with coinos to enable a one-click, non-KYC lightning wallet!

We now have an NWC wallet interface, and we've re-enabled zaps as per the new appstore guidelines!

Now you can see all incoming and outgoing NWC transactions and start zapping right away.

Enhanced hellthread muting

Damus can now automatically mute hellthreads, instead of having to do that manually.

Drafts

We now locally persist note drafts so that they aren't lost on app restart!

Profile editing enhancements

We now have a profile picture editing tool so that profile pictures are optimized and optionally cropped

Conversations tab

We now have a conversations tab on user profiles, allowing you to see all of your past conversations with that person!

Enhanced push notifications

We've updated our push notifications to include profile pictures, and they are also now grouped by the thread that they came from.

And lots more!

Too many to list here, check out the full changelog

Nostrdb

nostrdb, the engine that powers notecrumbs, damus iOS, and notedeck, continued to improve:

Custom filters

We've added the ability to include custom filtering logic during any nostrdb query. Dave uses this to filter replies from kind1 results to keep the results small and to avoid doing post-processing.

Relay index + queries

There is a new relay index! Now when ingesting notes, you can include extra metadata such as where the note came from. You can use this index to quickly list all of the relays for a particular note, or for relay timelines.

NIP50 profile searches

To assist dave in searching for profiles, we added a new query plan for {kind:0, search:} queries to scan the profile search index.

How money was used

• relay.damus.io server costs
• Living expenses

Next quarter

We're making a strong push to get our Android version released, so that is the main focus for me.

@ dfa02707:41ca50e3

Contribute 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

@ dfa02707:41ca50e3

Contribute 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."

• A step-by-step guide for setting up CCC is available here.

• 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.

Blog Post / Archive
GitHub Repo
CCC Guide
Key Teleport site

@ b1ddb4d7:471244e7

Bitcoin 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:

• Unique Bitcoin-Video Ads: Part One
• Unique Bitcoin-Video Ads: Part Two

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

@ 06639a38:655f8f71

You might notice the styling of this site has changed. That's because I've made a custom Drupal theme using TailwindCSS and daisyUI. For these CSS frameworks / components I've also seperate Drupal theme everyone could use:

https://www.drupal.org/project/tailwind_css 
https://www.drupal.org/project/daisy_ui 

What else?

1. Wrote my third OpenSats progress report, read it here
2. Added Nostr-PHP RelayListMetadata class (NIP-65) and tests, see PR
3. Added Nostr-PHP PersistentConnection class and tests, see PR

@ 84b0c46a:417782f5

MAKIMONO

Simple Long Form Content Editor (NIP-23)

機能

• nostr:npub1sjcvg64knxkrt6ev52rywzu9uzqakgy8ehhk8yezxmpewsthst6sw3jqcw や、 nostr:nevent1qvzqqqqqqypzq4jsz7zew5j7jr4pdfxh483nwq9vyw9ph6wm706sjwrzj2we58nqqyxhwumn8ghj77tpvf6jumt9qys8wumn8ghj7un9d3shjtt2wqhxummnw3ezuamfwfjkgmn9wshx5uqpr4mhxue69uhhyetvv9ujumn0wd68ytnhd9ex2erwv46zu6nsqyxhwumn8ghj7mn0wvhxcmmvqqsgcn99jyn5tevxz5zxsrkd7h0sx8fwnqztula423xh83j9wau7cms3vg9c7 のようにnostr:要素を挿入できる （メニューのNアイコンから挿入またはnostr:note～～のように手動で入力）

• :monoice:のようにカスタム絵文字を挿入できる(メニューの🙂アイコンから)

:monopaca_kao:

:kubipaca_karada:

• 新規記事作成と、既存記事の修正ができる

やることやったこと

• [x] nostr:を投稿するときにtagにいれる

• [x] 画像をアップロードできるようにする（NIP-96） できる

• [x] 投稿しましたログとかをトースト的なやつでだすようにする
• [ ] レイアウトを整える
• [ ] あとなんか

test

nostr:naddr1qvzqqqr4gupzpp9sc34tdxdvxh4jeg5xgu9ctcypmvsg0n00vwfjydkrjaqh0qh4qqxnzde58q6njvpkxqersv3ejxw9x9

@ b1ddb4d7:471244e7

When Sergei talks about bitcoin, he doesn’t sound like someone chasing profits or followers. He sounds like someone about to build a monastery in the ruins.

While the mainstream world chases headlines and hype, Sergei shows up in local meetups from Sacramento to Cleveland, mentors curious minds, and shares what he knows is true – hoping that, with the right spark, someone will light their own way forward.

We interviewed Sergei to trace his steps: where he started, what keeps him going, and why teaching bitcoin is far more than explaining how to set up a node – it’s about reaching the right minds before the noise consumes them. So we began where most journeys start: at the beginning.

First Steps

• So, where did it all begin for you and what made you stay curious?

I first heard about bitcoin from a friend’s book recommendation, American Kingpin, the book about Silk Road (online drug marketplace). He is still not a true bitcoiner, although I helped him secure private keys with some bitcoin.

I was really busy at the time – focused on my school curriculum, running a 7-bedroom Airbnb, and working for a standardized test prep company. Bitcoin seemed too technical for me to explore, and the pace of my work left no time for it.

After graduating, while pursuing more training, I started playing around with stocks and maximizing my savings. Passive income seemed like the path to early retirement, as per the promise of the FIRE movement (Financial Independence, Retire Early). I mostly followed the mainstream news and my mentor’s advice – he liked preferred stocks at the time.

I had some Coinbase IOUs and remember sending bitcoin within the Coinbase ledger to a couple friends. I also recall the 2018 crash; I actually saw the legendary price spike live but couldn’t benefit because my funds were stuck amidst the frenzy. I withdrew from that investment completely for some time. Thankfully, my mentor advised to keep en eye on bitcoin.

Around late 2019, I started DCA-ing cautiously. Additionally, my friend and I were discussing famous billionaires, and how there was no curriculum for becoming a billionaire. So, I typed “billionaires” into my podcast app, and landed on We Study Billionaires podcast.

That’s where I kept hearing Preston Pysh mention bitcoin, before splitting into his own podcast series, Bitcoin Fundamentals. I didn’t understand most of the terminology of stocks, bonds, etc, yet I kept listening and trying to absorb it thru repetition. Today, I realize all that financial talk was mostly noise.

When people ask me for a technical explanation of fiat, I say: it’s all made up, just like the fiat price of bitcoin! Starting in 2020, during the so-called pandemic, I dove deeper. I religiously read Bitcoin Magazine, scrolled thru Bitcoin Twitter, and joined Simply Bitcoin Telegram group back when DarthCoin was an admin.

DarthCoin was my favorite bitcoiner – experienced, knowledgeable, and unapologetic. Watching him shift from rage to kindness, from passion to despair, gave me a glimpse at what a true educator’s journey would look like.

The struggle isn’t about adoption at scale anymore. It’s about reaching the few who are willing to study, take risks, and stay out of fiat traps. The vast majority won’t follow that example – not yet at least… if I start telling others the requirements for true freedom and prosperity, they would certainly say “Hell no!”

• At what point did you start teaching others, and why?

After college, I helped teach at a standardized test preparation company, and mentored some students one-on-one. I even tried working at a kindergarten briefly, but left quickly; Babysitting is not teaching.

What I discovered is that those who will succeed don’t really need my help – they would succeed with or without me, because they already have the inner drive.

Once you realize your people are perishing for lack of knowledge, the only rational thing to do is help raise their level of knowledge and understanding. That’s the Great Work.

I sometimes imagine myself as a political prisoner. If that were to happen, I’d probably start teaching fellow prisoners, doctors, janitors, even guards. In a way we already live in an open-air prison, So what else is there to do but teach, organize, and conspire to dismantle the Matrix?

Building on Bitcoin

• You hosted some in-person meetups in Sacramento. What did you learn from those?

My first presentation was on MultiSig storage with SeedSigner, and submarine swaps through Boltz.exchange.

I realized quickly that I had overestimated the group’s technical background. Even the meetup organizer, a financial advisor, asked, “How is anyone supposed to follow these steps?” I responded that reading was required… He decided that Unchained is an easier way.

At a crypto meetup, I gave a much simpler talk, outlining how bitcoin will save the world, based on a DarthCoin’s guide. Only one person stuck around to ask questions – a man who seemed a little out there, and did not really seem to get the message beyond the strength of cryptographic security of bitcoin.

Again, I overestimated the audience’s readiness. That forced me to rethink my strategy. People are extremely early and reluctant to study.

• Now in Ohio, you hold sessions via the Orange Pill App. What’s changed?

My new motto is: educate the educators. The corollary is: don’t orange-pill stupid normies (as DarthCoin puts it).

I’ve shifted to small, technical sessions in order to raise a few solid guardians of this esoteric knowledge who really get it and can carry it forward.

The youngest attendee at one of my sessions is a newborn baby – he mostly sleeps, but maybe he still absorbs some of the educational vibes.

• How do local groups like Sactown and Cleveland Bitcoiners influence your work?

Every meetup reflects its local culture. Sacramento and Bay Area Bitcoiners, for example, do camping trips – once we camped through a desert storm, shielding our burgers from sand while others went to shoot guns.

Cleveland Bitcoiners are different. They amass large gatherings. They recently threw a 100k party. They do a bit more community outreach. Some are curious about the esoteric topics such as jurisdiction, spirituality, and healthful living.

I have no permanent allegiance to any state, race, or group. I go where I can teach and learn. I anticipate that in my next phase, I’ll meet Bitcoiners so advanced that I’ll have to give up my fiat job and focus full-time on serious projects where real health and wealth are on the line.

Hopefully, I’ll be ready. I believe the universe always challenges you exactly to your limit – no less, no more.

• What do people struggle with the most when it comes to technical education?

The biggest struggle isn’t technical – it’s a lack of deep curiosity. People ask “how” and “what” – how do I set up a node, what should one do with the lightning channels? But very few ask “why?”

Why does on-chain bitcoin not contribute to the circular economy? Why is it essential to run Lightning? Why did humanity fall into mental enslavement in the first place?

I’d rather teach two-year-olds who constantly ask “why” than adults who ask how to flip a profit. What worries me most is that most two-year-olds will grow up asking state-funded AI bots for answers and live according to its recommendations.

• One Cleveland Bitcoiner shows up at gold bug meetups. How valuable is face-to-face education?

I don’t think the older generation is going to reverse the current human condition. Most of them have been under mind control for too long, and they just don’t have the attention span to study and change their ways.

They’re better off stacking gold and helping fund their grandkids’ education. If I were to focus on a demographic, I’d go for teenagers – high school age – because by college, the indoctrination is usually too strong, and they’re chasing fiat mastery.

As for the gold bug meetup? Perhaps one day I will show up with a ukulele to sing some bitcoin-themed songs. Seniors love such entertainment.

• How do you choose what to focus on in your sessions, especially for different types of learners?

I don’t come in with a rigid agenda. I’ve collected a massive library of resources over the years and never stopped reading. My browser tab and folder count are exploding.

At the meetup, people share questions or topics they’re curious about, then I take that home, do my homework, and bring back a session based on those themes. I give them the key takeaways, plus where to dive deeper.

Most people won’t – or can’t – study the way I do, and I expect attendees to put in the work. I suspect that it’s more important to reach those who want to learn but don’t know how, the so-called nescient (not knowing), rather than the ignorant.

There are way too many ignorant bitcoiners, so my mission is to find those who are curious what’s beyond the facade of fake reality and superficial promises.

That naturally means that fewer people show up, and that’s fine. I’m not here for the crowds; I’m here to educate the educators. One bitcoiner who came decided to branch off into self-custody sessions and that’s awesome. Personally, I’m much more focused on Lightning.

I want to see broader adoption of tools like auth, sign-message, NWC, and LSPs. Next month, I’m going deep into eCash solutions, because let’s face it – most newcomers won’t be able to afford their own UTXO or open a lightning channel; additionally, it has to be fun and easy for them to transact sats, otherwise they won’t do it. Additionally, they’ll need to rely on

@ dfa02707:41ca50e3

• 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 in docker-node.conf.
  • Processing incoming transactions from Soroban network can be deactivated by setting NODE_PANDOTX_PROCESS=off in docker-node.conf.
• 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 deprecated explorer field in the Dojo pairing payload. Although still present, API consumers should use this endpoint for explorer and other pairing data.

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.

#FREESAMOURAI

Learn how to set up and use your own Bitcoin privacy node with Dojo here.

Announcement / Archive
GitHub Repo

@ 6be5cc06:5259daf0

Introdução

O princípio do sola scriptura, pedra angular da teologia protestante desde a Reforma do século XVI, estabelece que apenas a Escritura constitui a autoridade final e suprema em questões de fé e prática cristã. Este princípio, formulado inicialmente por Martinho Lutero e sistematizado pelos reformadores subsequentes, pretende oferecer um fundamento epistemológico sólido para a teologia, livre das supostas corrupções da tradição eclesiástica.

Contudo, uma análise rigorosa revela que o sola scriptura incorre em contradições lógicas fundamentais que comprometem sua viabilidade como sistema epistemológico coerente. Este artigo examina essas contradições através de três perspectivas complementares: filosófica, exegética e histórica.

A Contradição Performativa Fundamental

O Problema da Autoreferência

O sola scriptura enfrenta um dilema epistemológico insuperável: afirma que apenas a Escritura possui autoridade final em matéria de fé, mas essa própria regra não é explicitamente ensinada na Escritura. Trata-se de uma contradição performativa clássica, onde o enunciado viola suas próprias condições de possibilidade.

Esta situação configura uma falácia de petitio principii (círculo vicioso), pois exige que se aceite uma doutrina que não pode ser sustentada pelas premissas do próprio sistema. Para estabelecer o sola scriptura, seria necessário recorrer a uma autoridade externa à Escritura – precisamente aquilo que o princípio pretende rejeitar.

Fundacionalismo Mal Estruturado

Do ponto de vista epistemológico, o sola scriptura apresenta-se como um fundacionalismo defeituoso. Pretende funcionar como axioma supremo e auto-evidente, mas falha ao não fornecer a base textual que sua própria metodologia exige. Um verdadeiro fundacionalismo escriturístico deveria ser capaz de demonstrar sua validade através de uma prova explícita nas próprias Escrituras.

O Testemunho Contrário das Escrituras

Limitações do Registro Escrito

A própria Escritura reconhece as limitações do registro textual. João 21:25 declara explicitamente: "Jesus fez também muitas outras coisas. Se cada uma delas fosse escrita, penso que nem mesmo no mundo inteiro haveria espaço suficiente para os livros que seriam escritos."

Este versículo é particularmente problemático para o sola scriptura, pois reconhece que nem todos os ensinamentos de Cristo foram preservados por escrito. Como pode a Escritura ser suficiente se ela própria admite sua incompletude?

A Valorização da Tradição Oral

Paulo, em 2 Tessalonicenses 2:15, oferece uma instrução que contradiz frontalmente o sola scriptura: "Assim, pois, irmãos, ficai firmes e conservai os ensinamentos que de nós aprendestes, seja por palavras, seja por carta nossa."

O apóstolo valoriza inequivocamente tanto a tradição oral ("por palavras") quanto a escrita ("por carta"), estabelecendo um modelo de autoridade dual que o protestantismo posterior rejeitaria.

A Necessidade de Autoridade Interpretativa

A narrativa do eunuco etíope em Atos 8:30-31 demonstra a inadequação da Escritura isolada como autoridade final. Quando Filipe pergunta se o eunuco entende o que lê, a resposta é reveladora: "Como poderei entender, se alguém não me ensinar?"

Este episódio ilustra que a mera posse do texto bíblico não garante compreensão adequada. É necessária uma autoridade interpretativa externa – no caso, representada por Filipe, que age com autoridade apostólica.

A Complexidade Hermenêutica

Pedro, em sua segunda epístola (3:16-17), reconhece a dificuldade interpretativa inerente às Escrituras: "Suas cartas contêm algumas coisas difíceis de entender, as quais os ignorantes e instáveis torcem, como também o fazem com as demais Escrituras, para a própria destruição deles."

Esta passagem não apenas reconhece a complexidade hermenêutica dos textos sagrados, mas também alerta sobre os perigos da interpretação inadequada. Implicitamente, sugere a necessidade de uma autoridade interpretativa confiável para evitar distorções doutrinárias.

O Paradoxo Histórico da Canonização

A Dependência da Tradição Eclesiástica

Um dos argumentos mais devastadores contra o sola scriptura emerge da própria história da formação do cânon bíblico. Os concílios de Hipona (393 d.C.) e Cartago (397 d.C.) foram responsáveis pela definição oficial do cânon das Escrituras tal como conhecemos hoje.

Este fato histórico cria um paradoxo insuperável: aceitar a Bíblia como autoridade única requer aceitar a autoridade da tradição eclesiástica que a definiu. O próprio cânon bíblico é produto da tradição apostólica e da deliberação conciliar, não de autodefinição escriturística.

A Circularidade da Autopistia

Tentativas protestantes de resolver este dilema através do conceito de "autopistia" – a suposta capacidade das Escrituras de se auto-autenticar – apenas aprofundam o problema circular. Como determinar que as Escrituras possuem esta propriedade sem recorrer a critérios externos? A própria doutrina da autopistia não é explicitamente ensinada na Escritura.

Implicações Teológicas e Epistemológicas

A Fragmentação Interpretativa

A história do protestantismo oferece evidência empírica das consequências práticas do sola scriptura. A multiplicação de denominações e interpretações divergentes sugere que o princípio, longe de fornecer clareza doutrinária, pode na verdade contribuir para a fragmentação teológica.

Se a Escritura fosse verdadeiramente suficiente e auto-interpretativa, seria razoável esperar maior convergência hermenêutica entre aqueles que aderem ao sola scriptura. A realidade histórica sugere o contrário.

A Alternativa Católica e Ortodoxa

As tradições católica e ortodoxa, embora enfrentando suas próprias tensões epistemológicas, mantêm pelo menos coerência interna ao reconhecer explicitamente múltiplas fontes complementares de autoridade: Escritura, Tradição e Magistério (no caso católico) ou Escritura e Tradição (no caso ortodoxo).

Estas posições evitam a contradição performativa do sola scriptura ao não reivindicar que sua própria metodologia epistemológica seja derivada exclusivamente da Escritura.

Conclusão

A análise crítica do sola scriptura revela contradições estruturais que comprometem fundamentalmente sua viabilidade como princípio epistemológico. O princípio incorre em contradição performativa ao estabelecer uma regra que não pode ser derivada de suas próprias premissas, configura um fundacionalismo mal estruturado ao carecer de base textual explícita, e enfrenta o testemunho contrário da própria Escritura, que reconhece suas limitações e a necessidade de autoridades interpretativas externas.

O paradoxo histórico da canonização – onde o próprio cânon bíblico depende da autoridade tradicional que o sola scriptura pretende rejeitar – representa talvez o golpe mais decisivo contra o princípio protestante.

Isso não implica necessariamente a falsidade do protestantismo como sistema teológico, mas sugere que seus fundamentos epistemológicos requerem reformulação substancial. Uma teologia protestante intelectualmente honesta precisaria reconhecer as limitações do sola scriptura e desenvolver uma epistemologia mais nuançada que leve em conta a complexidade das fontes de autoridade religiosa.

A busca pela verdade teológica, independentemente de compromissos confessionais, exige o reconhecimento rigoroso das limitações e contradições inerentes aos nossos sistemas epistemológicos. No caso do sola scriptura, essa honestidade intelectual revela um princípio que, por mais central que seja para a identidade protestante, não pode sustentar o peso epistemológico que tradicionalmente lhe foi atribuído.

@ de54d599:77efc747

When it comes to gift-giving, the most memorable presents are those that tell a story. Veuve Clicquot, a champagne house known for its bold innovation and timeless elegance, has created something truly special with its Personalised Arrow gift—a tribute not only to fine champagne but to the destinations that hold meaning in our lives.

A Destination Worth Celebrating The Veuve Clicquot Personalised Arrow is more than elegant packaging—it’s a symbol. Inspired by classic road signs, the bright, arrow-shaped tin can be customised with the name of any city or location, along with the exact distance from Reims, France, where the champagne is produced. Whether it's your hometown, a honeymoon destination, or the place where you first met someone special, this gift turns a bottle of bubbly into a personal journey.

Inside the Arrow: Yellow Label Champagne Tucked inside the tin is Veuve Clicquot's iconic Yellow Label Brut, a globally beloved champagne known for its depth, liveliness, and balance. With a composition dominated by Pinot Noir and complemented by Chardonnay and Meunier, it delivers notes of citrus, brioche, and stone fruit—perfect for toasting any occasion. It’s a champagne that’s as dynamic and enduring as the stories behind each personalised location.

Beautifully Designed with the Planet in Mind The tin is crafted from 30% recycled materials and is 100% recyclable, aligning with Veuve Clicquot’s sustainability commitments. Its removable sugarcane-based backing adds a thoughtful eco-friendly touch to a design that’s made to last long after the bottle is enjoyed.

A Gift That Connects People and Places This unique keepsake is ideal for birthdays, anniversaries, weddings, or corporate gifts—it’s perfect for anyone who values meaningful moments and sophisticated taste. More than just a drink, it's a celebration of where you've been, and where you’re going.

With the Veuve Clicquot Personalised Arrow, every toast becomes a story—one that starts with a location and ends in a lasting memory.

@ 7f6db517:a4931eda

People forget Bear Stearns failed March 2008 - months of denial followed before the public realized how bad the situation was under the surface.

Similar happening now but much larger scale. They did not fix fundamental issues after 2008 - everything is more fragile.

The Fed preemptively bailed out every bank with their BTFP program and First Republic Bank still failed. The second largest bank failure in history.

There will be more failures. There will be more bailouts. Depositors will be "protected" by socializing losses across everyone.

Our President and mainstream financial pundits are currently pretending the banking crisis is over while most banks remain insolvent. There are going to be many more bank failures as this ponzi system unravels.

Unlike 2008, we have the ability to opt out of these broken and corrupt institutions by using bitcoin. Bitcoin held in self custody is unique in its lack of counterparty risk - you do not have to trust a bank or other centralized entity to hold it for you. Bitcoin is also incredibly difficult to change by design since it is not controlled by an individual, company, or government - the supply of dollars will inevitably be inflated to bailout these failing banks but bitcoin supply will remain unchanged. I do not need to convince you that bitcoin provides value - these next few years will convince millions.

---

If you found this post helpful support my work with bitcoin.

@ 06639a38:655f8f71

1) How did you spend your time?

I continued to write and publish more detailed weekly updates here: https://nostrver.se/blog. These updates are also cross-posted via Nostr as long-form content.

All commits on the main branch from 01-03-2025 till 30-04-2025: https://github.com/nostrver-se/nostr-php/commits/main/?since=2025-03-01&until=2025-04-30 

NIP-19 bech32-encoded entities

This has been implemented in the library, see https://github.com/nostrver-se/nostr-php/pull/68 

Added getTag method to the Event class

https://github.com/nostrver-se/nostr-php/commit/5afa38a45d3371bf79c78cda4d93be3ecef86985 

Added a profile class to fetch profile metadata of a given pubkey

https://github.com/nostrver-se/nostr-php/commit/0e6cbbb80b08b2b38722d4cef68205c64b70b205 

Drupal nJump module which implements Nostr-PHP

This Drupal module which is providing these Nostr features is FOSS and uses the Nostr-PHP library for doing the following:

• Request the event from one or more relays
• Decode the provided NIP-19 identifier

For now this module is way for me to utilize the Nostr-PHP library with Drupal for fetching events.
Any event and a NIP-19 identifier can now be fetched with the following URL pattern:
https://nostrver.se/e/{event_id|nevent1|note1|addr1}

As an example, take this URL https://nostrver.se/e/nevent1qvzqqqqqqypzqmjxss3dld622uu8q25gywum9qtg4w4cv4064jmg20xsac2aam5nqqsqm2lz4ru6wlydzpulgs8m60ylp4vufwsg55whlqgua6a93vp2y4g3uu9lr fetches the data from one or more relays. This data is then being saved as a (Drupal) node entity (in a database on the server where this website is hosted, which is located in my tiny office). With this saved node, this data is now also available at https://nostrver.se/e/0dabe2a8f9a77c8d1079f440fbd3c9f0d59c4ba08a51d7f811ceeba58b02a255/1 where the (cached) data is server from the database instead. It's just raw data for now, nothing special about it (yet).

Contributions to the library

• NIP-04 + NIP-44
  https://github.com/nostrver-se/nostr-php/pull/84 
  https://github.com/nostrver-se/nostr-php/pull/88
• NIP-05 internet identifier lookup
  https://github.com/nostrver-se/nostr-php/pull/89
• Allow verification of Event objects
  https://github.com/nostrver-se/nostr-php/pull/86
• Work in progress: NIP-17 direct messages
  https://github.com/nostrver-se/nostr-php/pull/90

All these contributions are made by Djuri who is working on the Nostr integration in https://satsback.com and on a private messaging browser client https://n17.chat.

Removed the CLI tool from the library

See https://github.com/nostrver-se/nostr-php/pull/93 

New / updated documentation at nostr-php.dev

I started to explore what is possible generating documentation using Goose as an AI agent and Claude as the LLM provider. Bootstrapping new pages with documentation works very well while I point to several resources to be used as input for the LLM (using the example snippets in the Nostr-PHP library and the Nostr NIP repository).
All commits on the master branch from 01-03-2025 till 30-04-2025: https://github.com/nostrver-se/nostr-php.dev/commits/master?since=2025-03-01&until=2025-04-30 

• Updated the page how to handle tags on a event, see https://nostr-php.dev/guides/manage-tags-on-an-event#getting-specific-tags
• Added a instructions to try out the library online at https://nostr-php.dev/guides/get-started
• Work in progress, NIP-19 documentation: https://github.com/nostrver-se/nostr-php.dev/tree/feat/nip19docs and https://nostr-php.dev/guides/nip19

Some analytics

Source: https://packagist.org/packages/swentel/nostr-php/stats 

Other Nostr stuff I would to mention I worked on

NIP-B0 web bookmarks with CCNS.news

I moved https://ccns.nostrver.se to a own domain https://ccns.news and has integrated NIP-B0 which we worked out how to handle web bookmarks via Nostr. Before this NIP was merged, there were already some other Nostr clients handling web bookmarks:

• https://yumyu.me
• https://pinja.app

Also Fiatjaf started to work on an annotation noting tool (browser extension) called Lantern (which is a fork of https://hypothes.is) integrating Nostr for creating highlights and annotations on a webpage with text. This extension can also be used to bookmark web pages.

On CCNS.news there is a global feed now: https://ccns.news/global which fetches all the web bookmark events with kind 39701 from several public Nostr relays. I had a rough idea to compare feeds generated with NDK and Nostr-PHP (for both using the same set of relays):

When you post a bookmark now on the site, a kind 39701 event is transmitted to some Nostr relays (take a look at this event for example). Optionally you can also publish this content as a note to the network.

2) What do you plan to work on next quarter?

• Already work in progress:
  • Review and merge PR with NIP-17
    https://github.com/nostrver-se/nostr-php/pull/90
  • Implement NIP-65 with RelayListMetadata class
    https://github.com/nostrver-se/nostr-php/pull/100
  • Implement DMRelayList class
    https://github.com/nostrver-se/nostr-php/blob/main/src/Event/List/DmRelaysList.php
  • Review and implements extra metadata fields for profile
  • https://github.com/nostrver-se/nostr-php/pull/94
  • Implement PersistantConnection class
    https://github.com/nostrver-se/nostr-php/pull/99
  • Review and merge PR NIP-13 proof of work
    https://github.com/nostrver-se/nostr-php/pull/97
  • Review and merge PR for implementing methods (TODO's) on Relay and RelaySet class
    https://github.com/nostrver-se/nostr-php/pull/95
• Planned:
  • Research how the revolt/event-loop package can be used to serve as a sort of a message bus for handling async and concurrent requests in the library
  • Build a stable 2.0.x release
    • By default and full async concurrent requests support
• Add / update documentation on https://nostr-php.dev:
  • Direct messages with NIP-04 and NIP-17
  • Encrypted payloads with NIP-44
  • Instructions how to bootstrap a Nostr profile with a given pubkey
• Host the https://nostr-php.dev website as a static website using Blossom.
  See https://github.com/lez/nsite  and https://github.com/hzrd149/nsite-ts

3) How did you make use of the money?

• Livings costs

4) Is there anything we could help with?

I would love to see a (closed/private) digital place with other Nostr OpenSats grantees where we can share our experiences and challenges. We could give feedback to each other as a form of encouragement. For example I'm curious how other grantees are explaining the work they to other which are not familiar with FOSS, Nostr and/or Bitcoin.

@ 3b13c372:3e1e7ef2

For those who believe every bottle should tell a story, Veuve Clicquot’s Personalised Arrow Champagne offers the perfect blend of sophistication and sentiment. More than a premium Champagne, this collector’s piece is a tribute to the places that shape our lives—wrapped in unmistakable Veuve Clicquot style.

At the heart of the package is a 750ml bottle of Veuve Clicquot Yellow Label Brut, a Champagne celebrated for its balance of power, freshness, and finesse. It’s crafted predominantly from Pinot Noir, supported by Chardonnay and Meunier, creating a vibrant, structured wine with layers of pear, citrus, and brioche.

What sets this gift apart is its outer casing: a bold, arrow-shaped metal tin that can be personalised with the name of your chosen city or destination (up to 15 characters). Alongside your customisation, the arrow displays the distance from that location to Reims, France—the spiritual home of Veuve Clicquot.

This elegant detail turns the bottle into a statement. Whether you’re celebrating a new home, a wedding, a farewell, or just sending a thoughtful gift, the Personalised Arrow adds meaning to the moment. It’s functional, too—keeping your Champagne cool for up to two hours—making it ideal for celebrations on the go.

Veuve Clicquot’s Personalised Arrow Champagne is a thoughtful way to connect a bottle of world-class wine with a personal journey. A toast to the people and places we never forget—wrapped in signature yellow, and stamped with your own message.

@ 7f6db517:a4931eda

---

"Privacy is necessary for an open society in the electronic age. Privacy is not secrecy.  A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world." - Eric Hughes, A Cypherpunk's Manifesto, 1993

---

Privacy is essential to freedom. Without privacy, individuals are unable to make choices free from surveillance and control. Lack of privacy leads to loss of autonomy. When individuals are constantly monitored it limits our ability to express ourselves and take risks. Any decisions we make can result in negative repercussions from those who surveil us. Without the freedom to make choices, individuals cannot truly be free.

Freedom is essential to acquiring and preserving wealth. When individuals are not free to make choices, restrictions and limitations prevent us from economic opportunities. If we are somehow able to acquire wealth in such an environment, lack of freedom can result in direct asset seizure by governments or other malicious entities. At scale, when freedom is compromised, it leads to widespread economic stagnation and poverty. Protecting freedom is essential to economic prosperity.

The connection between privacy, freedom, and wealth is critical. Without privacy, individuals lose the freedom to make choices free from surveillance and control. While lack of freedom prevents individuals from pursuing economic opportunities and makes wealth preservation nearly impossible. No Privacy? No Freedom. No Freedom? No Wealth.

Rights are not granted. They are taken and defended. Rights are often misunderstood as permission to do something by those holding power. However, if someone can give you something, they can inherently take it from you at will. People throughout history have necessarily fought for basic rights, including privacy and freedom. These rights were not given by those in power, but rather demanded and won through struggle. Even after these rights are won, they must be continually defended to ensure that they are not taken away. Rights are not granted - they are earned through struggle and defended through sacrifice.

---

If you found this post helpful support my work with bitcoin.

@ dfa02707:41ca50e3

Contribute 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

@ dfa02707:41ca50e3

Good 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

@ 5d4b6c8d:8a1c1ee3

Howdy stackers, this is the place to share your ~HealthAndFitness triumphs and challenges.

I was glad to hit my step goal today, since it's gloomy and rainy here. Once again, I ate too many cookies. Gotta stop being a cookie monster.

How'd you all do, today?

https://stacker.news/items/996659

@ 06639a38:655f8f71

Nostr-PHP

All commits on the main branch between 19-05 and 25-05: https://github.com/nostrver-se/nostr-php/commits/main/?since=2025-05-19&until=2025-05-25 

• Merged PR #95 finish implementing methods Relay and RelaySet
• Merged PR #90 implementing NIP-17 private direct messages

• Made some progress on the persistentConnection class for fetching messages from a relay in runtime (realtime)

New release: 1.8.0

What's Changed

• feat: Implement NIP-05 lookups by @dsbaars in https://github.com/nostrver-se/nostr-php/pull/89
• NIP 44 implementation fix and test improvements by @dsbaars in https://github.com/nostrver-se/nostr-php/pull/88
• remove CLI tool from library - https://github.com/nostrver-se/nostr-p… by @Sebastix in https://github.com/nostrver-se/nostr-php/pull/93
• Add extra metadata fields for profile by @dsbaars in https://github.com/nostrver-se/nostr-php/pull/94
• Finish implementing methods Relay and RelaySet by @dsbaars in https://github.com/nostrver-se/nostr-php/pull/95
• Implement NIP-17 Private Direct Messages by @dsbaars in https://github.com/nostrver-se/nostr-php/pull/90

Full changelog: https://github.com/nostrver-se/nostr-php/compare/1.7.1...1.8.0 
Link: https://github.com/nostrver-se/nostr-php/releases/tag/1.8.0

@ 7f6db517:a4931eda

People forget Bear Stearns failed March 2008 - months of denial followed before the public realized how bad the situation was under the surface.

Similar happening now but much larger scale. They did not fix fundamental issues after 2008 - everything is more fragile.

The Fed preemptively bailed out every bank with their BTFP program and First Republic Bank still failed. The second largest bank failure in history.

There will be more failures. There will be more bailouts. Depositors will be "protected" by socializing losses across everyone.

Our President and mainstream financial pundits are currently pretending the banking crisis is over while most banks remain insolvent. There are going to be many more bank failures as this ponzi system unravels.

Unlike 2008, we have the ability to opt out of these broken and corrupt institutions by using bitcoin. Bitcoin held in self custody is unique in its lack of counterparty risk - you do not have to trust a bank or other centralized entity to hold it for you. Bitcoin is also incredibly difficult to change by design since it is not controlled by an individual, company, or government - the supply of dollars will inevitably be inflated to bailout these failing banks but bitcoin supply will remain unchanged. I do not need to convince you that bitcoin provides value - these next few years will convince millions.

---

If you found this post helpful support my work with bitcoin.

@ 472f440f:5669301e

Marty's Bent

Sorry for the lack of writing over the last week. As many of you may already know, I was in Las Vegas, Nevada for the Bitcoin 2025 conference. It was my first time in Las Vegas. I had successfully avoided Sin City for the first 34 years of my life. But when duty calls, you have to make some personal concessions.

Despite what many say about this particular conference and the spectacle that it has become, I will say that having attended every single one of Bitcoin Magazine's conferences since 2019, I thoroughly enjoy these events, even if I don't agree with all the content. Being able to congregate with others in the industry who have been working extremely hard to push Bitcoin forward, all of whom I view as kindred spirits who have also dedicated their lives to making the world a better place. There's nothing better than getting together, seeing each other in person, shaking hands, giving hugs, catching up and reflecting on how much things have changed over the years while also focusing on the opportunities that lie ahead.

I think out of all the Bitcoin magazine conferences I've been to, this was certainly my favorite. If only because it has become abundantly clear that Bitcoin is here to stay. Many powerful, influential, and competent people have identified Bitcoin as an asset and monetary network that will play a large part in human society moving forward. And more importantly, Bitcoin is proving to work far better than anybody not paying attention expected. While at the same time, the fiat system is in woeful disrepair at the same time.

As a matter of reflection and surfacing signal for you freaks, here are the presentations and things that happened that I think were the most impactful.

Miles Suter's Block Presentation

https://youtu.be/iUXomXuXcuA

This presentation was awesome for many reasons, one of which being that we often forget just how dedicated Block, as an organization with many companies - including Cash App, Square, the open source organization known as Spiral and more recently, BitKey and Proto - has been to bitcoin over the last eight years. They've worked methodically to make Bitcoin a first-class citizen in their business operations and slowly but surely have built an incredibly integrated experience across their brands. The two big announcements from Block during the conference were the enablement of Bitcoin payments in Square point-of-sale systems and the amount of revenue they're making on their Lightning node, c=, from routing payments.

Right now, the Bitcoin payments and point of sale systems is in beta with many merchants testing it out for the next six months, but it will be available for all 4 million square merchants in 2026. This is something that many bitcoiners have been waiting for for many years now, and it is incredible to see that they finally brought it across the line. Merchants will have the ability to accept bitcoin payments and either convert every payment into fiat automatically, convert a portion of the bitcoin payment into fiat to keep the rest in sats, or simply keep all of the bitcoin they receive via payments in sats. This is an incredible addition to what Square has already built, which is the ability of their merchants to sweep a portion of their revenues into bitcoin if they desire. Square is focused on building a vertically integrated suite of bitcoin products for merchants that includes the ability to buy bitcoin, receive bitcoin, and eventually leverage financial services using bitcoin as collateral so that they can reinvest in and expand their businesses.

via Ryan Gentry

What went a bit underappreciated in the crowd was the routing node revenue that c= is producing, \~9.7% annualized. This is a massive validation of something that many bitcoiners have been talking about for quite some time, which is the ability to produce "yield" on bitcoin in a way that reduces risk significantly. Locking up bitcoin in a 2-of-2 multisig within Lightning channels and operating a Lightning routing node has been long talked about as one of the ways to produce more bitcoin with your bitcoin in a way that minimizes the threat of loss.

It seems that c= has found a way to do this at scale and is doing it successfully. 10% yield on bitcoin locked in Lightning channels is nothing to joke about. And as you can see from the chart above in the grainy picture taken by Ryan Gentry of Lightning Labs, this routing node "yield" is producing more return on capital than many of the most popular staking and DeFi protocols.

This is a strong signal to the rest of the market that this can be done. It may take economies of scale and a high degree of technical competency today. But this is incredibly promising for the future of earning bitcoin by providing valuable goods and services to the market of Bitcoiners. In this case, facilitating relatively cheap and instantly settled payments over the Lightning Network.

Saifedean Ammous' Bitcoin and Tether Presentation

https://youtu.be/SFUiGTayVL8

This was one of the best presentations at the conference. Saifedean Ammous is a friend, he has been an incredible influence on my personal bitcoin journey, and I feel comfortable in saying he's been a strong influence on the journey of hundreds of thousands, at least, if not millions of people as they've attempted to understand bitcoin.

This presentation is a bit spicy because it puts a pin in the balloon of hopium that stablecoins like Tether are mechanisms that could bail out the market for US Treasuries in the medium to long-term if they take enough market share. As one always should do, Saif ran the numbers and clearly illustrates that even in the most optimistic case, Tether's impact on the market for treasuries, their interest rates, and curbing the growth of the debt held by the US federal government will be minimal at best.

One of the most interesting things that Saif points out that I'm a bit embarrassed I didn't recognize before is that much of the demand for Tether that we're seeing these days is replacement demand for treasuries. Meaning that many people who are turning to Tether, particularly in countries that have experienced hyperinflationary events, are using Tether as a substitute for their currencies, which are operated by central banks likely buying U.S. treasuries to support their monetary systems. The net effect of Tether buying those treasuries is zero for this particular user archetype.

Saif goes on to explain that if anything, Tether is a weapon against the US Treasury system when you consider that they're storing a large portion of the stablecoin backing in Treasuries and then using the yields produced by those Treasuries to buy bitcoin. Slowly but surely over time bitcoin as a percentage of their overall backing of Tether has grown quite significantly starting at 0% and approaching 10% today. It isn't hard to imagine that at some point within the next decade, Bitcoin could be the dominant reserve asset backing tethers and, as a result, Tether could be pegged to bitcoin eventually.

It's a fascinating take on Tether that I've never heard before.

Nothing Stops this Train from Lyn Alden

https://youtu.be/Giuzcd4oxIk

Lyn's been saying it loudly for quite some time now; "Nothing stops this train." She's even been on our podcast to explain why she believes this many times over the last five years. However, I don't think there is one piece of content out there that consolidates her thesis of why nothing stops the train of fiscal irresponsibility and unfettered debt expansion and why that's good for bitcoin than the presentation she gave at the conference. Definitely give this one a watch when you get a chance if you haven't already.

Overall, it was a great week in Vegas and I think it's safe to say that bitcoin has gone mainstream. Whether or not people who have been in the bitcoin industry and community for a while are okay with does not really matter. It's happening and all we can do is ride the wave as more and more people come to recognize the value prop of bitcoin and the social clout they can gain from supporting it. Our job here at TFTC is to help you discern the signal from the noise, continue to champion the self-sovereign usage of bitcoin and keep you abreast of developments in the space as they manifest.

Buckle up. Things are only going to get weirder from here on out.

Bitcoin's Mathematical Destiny

Sean Bill and Adam Back make a compelling case for Bitcoin's inevitable march toward $1 million. Sean points out that Bitcoin represents just a tiny fraction—2 trillion out of 900 trillion—of total financial assets, calling it a "tiny orange dot" on their presentation to Texas pensions. He emphasizes that reaching parity with gold alone would deliver a 10x return from current levels. Adam highlights the mathematical impossibility of current prices, noting that ETF buyers are absorbing 500,000 BTC annually while only 165,000 new coins are mined.

"Who's selling at these prices? It doesn't quite add up to me." - Adam Back

The institutional wave is just beginning. Sean revealed that while 50% of hedge fund managers personally own Bitcoin, only 3% have allocated institutional funds. Combined with emerging demand from nation states and corporate treasuries meeting Bitcoin's fixed supply, the price trajectory seems clear. Both guests stressed the importance of staying invested—missing just the 12 best performing days each year would turn Bitcoin into a losing investment.

Check out the full podcast here for more on pensions allocating to Bitcoin, cypherpunk banking, and commodity trading insights.

Headlines of the Day

Panama Canal Eyes Bitcoin for Payment Option - via X

U.S. Warns of Imminent Chinese Threat to Taiwan - via X

Get our new STACK SATS hat - via tftcmerch.io

Saylor's Bitcoin Strategy Explodes Globally Amid Doubt - via CNBC

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Ten31, the largest bitcoin-focused investor, has deployed 158,469 sats | $150.00M 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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Final thought...

Moving is the least fun part of the human experience.

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Get this newsletter sent to your inbox daily: https://www.tftc.io/bitcoin-brief/

Subscribe to our YouTube channels and follow us on Nostr and X:

@ 8bad92c3:ca714aa5

Key Takeaways

Michael Goldstein, aka Bitstein, presents a sweeping philosophical and economic case for going “all in” on Bitcoin, arguing that unlike fiat, which distorts capital formation and fuels short-term thinking, Bitcoin fosters low time preference, meaningful saving, and long-term societal flourishing. At the heart of his thesis is “hodling for good”—a triple-layered idea encompassing permanence, purpose, and the pursuit of higher values like truth, beauty, and legacy. Drawing on thinkers like Aristotle, Hoppe, and Josef Pieper, Goldstein redefines leisure as contemplation, a vital practice in aligning capital with one’s deepest ideals. He urges Bitcoiners to think beyond mere wealth accumulation and consider how their sats can fund enduring institutions, art, and architecture that reflect a moral vision of the future.

Best Quotes

“Let BlackRock buy the houses, and you keep the sats.”

“We're not hodling just for the sake of hodling. There is a purpose to it.”

“Fiat money shortens your time horizon… you can never rest.”

“Savings precedes capital accumulation. You can’t build unless you’ve saved.”

“You're increasing the marginal value of everyone else’s Bitcoin.”

“True leisure is contemplation—the pursuit of the highest good.”

“What is Bitcoin for if not to make the conditions for magnificent acts of creation possible?”

“Bitcoin itself will last forever. Your stack might not. What will outlast your coins?”

“Only a whale can be magnificent.”

“The market will sell you all the crack you want. It’s up to you to demand beauty.”

Conclusion

This episode is a call to reimagine Bitcoin as more than a financial revolution—it’s a blueprint for civilizational renewal. Michael Goldstein reframes hodling as an act of moral stewardship, urging Bitcoiners to lower their time preference, build lasting institutions, and pursue truth, beauty, and legacy—not to escape the world, but to rebuild it on sound foundations.

Timestamps

00:00 - Intro
00:50 - Michael’s BBB presentation Hodl for Good
07:27 - Austrian principles on capital
15:40 - Fiat distorts the economic process
23:34 - Bitkey
24:29 - Hodl for Good triple entendre
29:52 - Bitcoin benefits everyone
39:05 - Unchained
40:14 - Leisure theory of value
52:15 - Heightening life
1:15:48 - Breaking from the chase makes room for magnificence
1:32:32 - Nakamoto Institute’s mission

Transcript

(00:00) Fiat money is by its nature a disturbance. If money is being continually produced, especially at an uncertain rate, these uh policies are really just redistribution of wealth. Most are looking for number to go up post hyper bitcoinization. The rate of growth of bitcoin would be more reflective of the growth of the economy as a whole.
(00:23) Ultimately, capital requires knowledge because it requires knowing there is something that you can add to the structures of production to lengthen it in some way that will take time but allow you to have more in the future than you would today. Let Black Rockck buy the houses and you keep the sats, not the other way around.
(00:41) You wait until later for Larry Frink to try to sell you a [Music] mansion. And we're live just like that. Just like that. 3:30 on a Friday, Memorial Day weekend. It's a good good good way to end the week and start the holiday weekend. Yes, sir. Yes, sir. Thank you for having me here. Thank you for coming. I wore this hat specifically because I think it's I think it's very apppropo uh to the conversation we're going to have which is I hope an extension of the presentation you gave at Bitblock Boom Huddle for good. You were working on
(01:24) that for many weeks leading up to uh the conference and explaining how you were structuring it. I think it's a very important topic to discuss now as the Bitcoin price is hitting new all-time highs and people are trying to understand what am I doing with Bitcoin? Like you have you have the different sort of factions within Bitcoin.
(01:47) Uh get on a Bitcoin standard, get on zero, spend as much Bitcoin as possible. You have the sailors of the world are saying buy Bitcoin, never sell, die with your Bitcoin. And I think you do a really good job in that presentation. And I just think your understanding overall of Bitcoin is incredible to put everything into context. It's not either or.
(02:07) It really depends on what you want to accomplish. Yeah, it's definitely there there is no actual one-sizefits-all um for I mean nearly anything in this world. So um yeah, I mean first of all I mean there was it was the first conference talk I had given in maybe five years. I think the one prior to that uh was um bit block boom 2019 which was my meme talk which uh has uh become infamous and notorious.
(02:43) So uh there was also a lot of like high expectations uh you know rockstar dev uh has has treated that you know uh that that talk with a lot of reference. a lot of people have enjoyed it and he was expecting this one to be, you know, the greatest one ever, which is a little bit of a little bit of a uh a burden to live up to those kinds of standards.
(03:08) Um, but you know, because I don't give a lot of talks. Um, you know, I I I like to uh try to bring ideas that might even be ideas that are common. So, something like hodling, we all talk about it constantly. uh but try to bring it from a little bit of a different angle and try to give um a little bit of uh new light to it.
(03:31) I alsove I've I've always enjoyed kind of coming at things from a third angle. Um whenever there's, you know, there's there's all these little debates that we have in in Bitcoin and sometimes it's nice to try to uh step out of it and look at it a little more uh kind of objectively and find ways of understanding it that incorporate the truths of of all of them.
(03:58) uh you know cuz I think we should always be kind of as much as possible after ultimate truth. Um so with this one um yeah I was kind of finding that that sort of golden mean. So uh um yeah and I actually I think about that a lot is uh you know Aristotle has his his concept of the golden mean. So it's like any any virtue is sort of between two vices um because you can you can always you can always take something too far.
(04:27) So you're you're always trying to find that right balance. Um so someone who is uh courageous you know uh one of the vices uh on one side is being basically reckless. I I can't remember what word he would use. Uh but effectively being reckless and just wanting to put yourself in danger for no other reason than just you know the thrill of it.
(04:50) Um and then on the other side you would just have cowardice which is like you're unwilling to put yourself um at any risk at any time. Um, and courage is right there in the middle where it's understanding when is the right time uh to put your put yourself, you know, in in the face of danger um and take it on. And so um in some sense this this was kind of me uh in in some ways like I'm obviously a partisan of hodling.
(05:20) Um, I've for, you know, a long time now talked about the, um, why huddling is good, why people do it, why we should expect it. Um, but still trying to find that that sort of golden mean of like yes, huddle, but also what are we hodling for? And it's not we're we're not hodddling just merely for the sake of hodddling.
(05:45) There there is a a purpose to it. And we should think about that. And that would also help us think more about um what are the benefits of of spending, when should we spend, why should we spend, what should we spend on um to actually give light to that sort of side of the debate. Um so that was that was what I was kind of trying to trying to get into.
(06:09) Um, as well as also just uh at the same time despite all the talk of hodling, there's always this perennial uh there's always this perennial dislike of hodlers because we're treated as uh as if um we're just free riding the network or we're just greedy or you know any of these things. And I wanted to show how uh huddling does serve a real economic purpose.
(06:36) Um, and it does benefit the individual, but it also does uh it it has actual real social um benefits as well beyond merely the individual. Um, so I wanted to give that sort of defense of hodling as well to look at it from um a a broader position than just merely I'm trying to get rich. Um uh because even the person who uh that is all they want to do um just like you know your your pure number grow up go up moonboy even that behavior has positive ramifications on on the economy.
(07:14) And while we might look at them and have uh judgments about their particular choices for them as an individual, we shouldn't discount that uh their actions are having positive positive effects for the rest of the economy. Yeah. So, let's dive into that just not even in the context of Bitcoin because I think you did a great job of this in the presentation.
(07:36) just you've done a good job of this consistently throughout the years that I've known you. Just from like a first principles Austrian economics perspective, what is the idea around capital accumulation, low time preference and deployment of that capital like what what like getting getting into like the nitty-gritty and then applying it to Bitcoin? Yeah, it's it's a big question and um in many ways I mean I I even I barely scratched the surface.
(08:05) uh I I can't claim to have read uh all the volumes of Bombber works, you know, capital and interest and and stuff like that. Um but I think there's some some sort of basic concepts that we can look at that we can uh draw a lot out. Um the first uh I guess let's write that. So repeat so like capital time preference. Yeah. Well, I guess getting more broad like why sav

@ 7f6db517:a4931eda

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"Privacy is necessary for an open society in the electronic age. Privacy is not secrecy.  A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world." - Eric Hughes, A Cypherpunk's Manifesto, 1993

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Privacy is essential to freedom. Without privacy, individuals are unable to make choices free from surveillance and control. Lack of privacy leads to loss of autonomy. When individuals are constantly monitored it limits our ability to express ourselves and take risks. Any decisions we make can result in negative repercussions from those who surveil us. Without the freedom to make choices, individuals cannot truly be free.

Freedom is essential to acquiring and preserving wealth. When individuals are not free to make choices, restrictions and limitations prevent us from economic opportunities. If we are somehow able to acquire wealth in such an environment, lack of freedom can result in direct asset seizure by governments or other malicious entities. At scale, when freedom is compromised, it leads to widespread economic stagnation and poverty. Protecting freedom is essential to economic prosperity.

The connection between privacy, freedom, and wealth is critical. Without privacy, individuals lose the freedom to make choices free from surveillance and control. While lack of freedom prevents individuals from pursuing economic opportunities and makes wealth preservation nearly impossible. No Privacy? No Freedom. No Freedom? No Wealth.

Rights are not granted. They are taken and defended. Rights are often misunderstood as permission to do something by those holding power. However, if someone can give you something, they can inherently take it from you at will. People throughout history have necessarily fought for basic rights, including privacy and freedom. These rights were not given by those in power, but rather demanded and won through struggle. Even after these rights are won, they must be continually defended to ensure that they are not taken away. Rights are not granted - they are earned through struggle and defended through sacrifice.

---

If you found this post helpful support my work with bitcoin.

@ 88cc134b:5ae99079

content...

@ 9ca447d2:fbf5a36d

Trump 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.

@ 88cc134b:5ae99079

@ 8d34bd24:414be32b

Many people today believe that the church has replaced Israel and that the promises given to Israel now apply to the church. When we say this, we are calling God a liar.

Can you imagine a groom promising to love and cherish his wife until death do they part and then saying, “I’m keeping my promise by loving and cherishing a new and different wife.”? We would never consider that man to be honest, faithful, and good. If God promised to protect and guide Israel, to have a descendant of David on the throne, and to give them the land, we can only trust Him if He fulfills these promises.

When we say the church has replaced Israel, we make two mistakes. We raise up the church beyond what is right and we put down Israel. We need to be careful because God promised Abraham:

“And I will bless those who bless you, And the one who curses you I will curse. And in you all the families of the earth will be blessed.” (Genesis 12:3)

and He reiterated this promise to Israel during the Exodus:

“He couches, he lies down as a lion,\ And as a lion, who dares rouse him?\ Blessed is everyone who blesses you [Israel],\ And cursed is everyone who curses you [Israel].” (Numbers 24:9) {clarification mine}

When we curse Israel or the Jews, we will be under God’s curse. Now this does not mean that every criticism of a particular action by Israel’s leaders brings a curse. Today’s nation of Israel is led by fallible men like every other nation, so there are mistakes made or corruption by particular leaders. It does, however, mean that generalizations against Israel and the Jews are wrong and of Satan.

Paul specifically warned the church against thinking they had replaced Israel in God’s blessing and love.

If the first piece of dough is holy, the lump is also; and if the root is holy, the branches are too.

But if some of the branches were broken off, and you, being a wild olive, were grafted in among them and became partaker with them of the rich root of the olive tree, do not be arrogant toward the branches; but if you are arrogant, remember that it is not you who supports the root, but the root supports you. You will say then, “Branches were broken off so that I might be grafted in.” Quite right, they were broken off for their unbelief, but you stand by your faith. Do not be conceited, but fear; for if God did not spare the natural branches, He will not spare you, either. Behold then the kindness and severity of God; to those who fell, severity, but to you, God’s kindness, if you continue in His kindness; otherwise you also will be cut off. And they also, if they do not continue in their unbelief, will be grafted in, for God is able to graft them in again. For if you were cut off from what is by nature a wild olive tree, and were grafted contrary to nature into a cultivated olive tree, how much more will these who are the natural branches be grafted into their own olive tree?

For I do not want you, brethren, to be uninformed of this mystery—so that you will not be wise in your own estimation—that a partial hardening has happened to Israel until the fullness of the Gentiles has come in; and so all Israel will be saved; just as it is written,

“The Deliverer will come from Zion,\ He will remove ungodliness from Jacob.”\ “This is My covenant with them,\ When I take away their sins.” *From the standpoint of the gospel they are enemies for your sake, but from the standpoint of God’s choice they are beloved for the sake of the fathers*; for the gifts and the calling of God are irrevocable**. For just as you once were disobedient to God, but now have been shown mercy because of their disobedience, so these also now have been disobedient, that because of the mercy shown to you they also may now be shown mercy. For God has shut up all in disobedience so that He may show mercy to all. (Romans 11:16-32) {emphasis mine}

Paul warns that although the Jews were pruned away due to rejection of Him and gentiles were grafted into Him by faith, if we reject God’s word, we can be pruned away and if the Jews return to Jesus, they can be grafted back in. He predicts that the Jews will return. “…that a partial hardening has happened to Israel until the fullness of the Gentiles has come in; and so all Israel will be saved.” He also says regarding Israel that “the gifts and the calling of God are irrevocable.” Yes, Israel rejected Jesus and was punished for doing so, but they will be called back to God and trust in their Messiah, Jesus. In the end, all the promises of God to Abraham, Jacob, David, and others regarding Israel, will be brought to complete fulfillment.

Both the Old and New Testaments talk about Israel being punished for rejecting God and their Messiah, but that, after the time of the Gentiles, they will be called back to Him.

and they will fall by the edge of the sword, and will be led captive into all the nations; and Jerusalem will be trampled under foot by the Gentiles until the times of the Gentiles are fulfilled. (Luke 21:24)

After Daniel had been in prayer and repentance for the sins of Israel, the angel Gabriel came with this prophecy about Israel.

“Seventy weeks have been decreed for your people and your holy city, to finish the transgression, to make an end of sin, to make atonement for iniquity, to bring in everlasting righteousness, to seal up vision and prophecy and to anoint the most holy place. So you are to know and discern that from the issuing of a decree to restore and rebuild Jerusalem until Messiah the Prince there will be seven weeks and sixty-two weeks; it will be built again, with plaza and moat, even in times of distress. Then after the sixty-two weeks the Messiah will be cut off and have nothing, and the people of the prince who is to come will destroy the city and the sanctuary. And its end will come with a flood; even to the end there will be war; desolations are determined. (Daniel 9:24-26)

In this prophecy, the prediction of 69 weeks (literally sevens, but meaning groups of 7 years) from the decree to rebuild Jerusalem (by Artaxerxes) to the Messiah was fulfilled to the day when Jesus rode into Jerusalem on a donkey on Palm Sunday.

I always thought it strange that the prophecy predicted 70 sevens and that there was the first 69 sevens (483 years), then \~2,000 years where nothing happens, and then comes the final seven — the Great Tribulation. It didn’t make sense until I realized, the 70 sevens referred to the years of Israel. The time of the gentiles intervenes between the 69th and 70th sevens. This delay happened due to Israel rejecting their Messiah.

When He approached Jerusalem, He saw the city and wept over it, saying, “If you had known in this day, even you, the things which make for peace! But now they have been hidden from your eyes. For the days will come upon you when your enemies will throw up a barricade against you, and surround you and hem you in on every side, and they will level you to the ground and your children within you, and they will not leave in you one stone upon another, because you did not recognize the time of your visitation.” (Luke 19:41-44)

We are now in the time of the Gentiles, the church age, the intermission in the story of Israel. After the church is raptured, the story will return to Israel. The Jews (at least many of them) will finally accept their Messiah. They will suffer through the Tribulation while witnessing to the world and then God will finally fully fulfill His promises to Israel through the Millennial kingdom.

Alas! for that day is great,\ There is none like it;\ And it is the time of Jacob’s distress,\ But he will be saved from it.

‘It shall come about on that day,’ declares the Lord of hosts, ‘that I will break his yoke from off their neck and will tear off their bonds; and strangers will no longer make them their slaves. But they shall serve the Lord their God and David their king, whom I will raise up for them.

Fear not, O Jacob My servant,’ declares the Lord,\ ‘And do not be dismayed, O Israel;\ For behold, I will save you from afar\ And your offspring from the land of their captivity.\ And Jacob will return and will be quiet and at ease,\ And no one will make him afraid.\ For I am with you,’ declares the Lord, ‘to save you;\ For I will destroy completely all the nations where I have scattered you,\ Only I will not destroy you completely.\ But I will chasten you justly\ And will by no means leave you unpunished.’ \ (Jeremiah 30:7-11) {emphasis mine}

Jacob’s distress is the final Tribulation. The 144,000 Jewish witnesses will be saved through the whole Tribulation. Others may become saved and die a martyrs death, but they will then be brought into the millennial kingdom where the Messiah will fill the throne of David and Israel will reach from the River to the Sea.

The Jews have already been saved “from afar, and your offspring from the land of their captivity” with the recreation of Israel in 1947 and the continual return of Jews to their homeland.

God is working to fulfill His promises to Israel and His work is nearly complete.

“O Jacob My servant, do not fear,” declares the Lord, “For I am with you. For I will make a full end of all the nations where I have driven you, Yet I will not make a full end of you; But I will correct you properly And by no means leave you unpunished.” (Jeremiah 46:28)

God promises a “full end of all the nations where I have driven you.” Those nations and people who try to destroy Israel will be destroyed. As Christians we should love what God loves, and despite Israel’s repeated betrayals, God still loves Israel, so we should, too.

May the God of heaven give us a right view of Israel. May we see them as God sees them. May God use us to share the Gospel in such a way as to lead to a harvest of Jews for the Kingdom of God. To God be the glory!

Trust Jesus

@ dfa02707:41ca50e3

• 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 in docker-node.conf.
  • Processing incoming transactions from Soroban network can be deactivated by setting NODE_PANDOTX_PROCESS=off in docker-node.conf.
• 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 deprecated explorer field in the Dojo pairing payload. Although still present, API consumers should use this endpoint for explorer and other pairing data.

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.

#FREESAMOURAI

Learn how to set up and use your own Bitcoin privacy node with Dojo here.

Announcement / Archive
GitHub Repo

@ dfa02707:41ca50e3

Contribute 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

• @hexlorn made their first contribution in #1858.
• @umk0m1qk made their first contribution in #1864.

Full Changelog: v0.7.6-alpha...v0.7.7-alpha

GitHub Repo

@ b1ddb4d7:471244e7

Bitcoin 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:

• Unique Bitcoin-Video Ads: Part One
• Unique Bitcoin-Video Ads: Part Two

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

@ dfa02707:41ca50e3

Headlines

• 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

Contribute 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

• @hexlorn made their first contribution in #1858.
• @umk0m1qk made their first contribution in #1864.

Full Changelog: v0.7.6-alpha...v0.7.7-alpha

GitHub Repo

@ 88cc134b:5ae99079

How about this?

@ dfa02707:41ca50e3

Contribute 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

@ e2c72a5a:bfacb2ee

When the whales cry for help: crypto trader's $100M bet turns community funding experiment

A multimillionaire trader just placed a second $100 million Bitcoin bet days after being liquidated, but what's truly revolutionary isn't the size—it's how he's funding it. James Wynn has turned to the crypto community for donations, receiving stablecoins from 24 users to "fight the market-making cabal" he claims is targeting his positions. This unprecedented crowdfunded leverage experiment raises fascinating questions about market manipulation, community solidarity, and the blurring lines between individual and collective risk in crypto trading.

Is this the birth of community-backed whale trading? Or simply a desperate gambler's last stand? Either way, it reveals how blockchain transparency creates entirely new social dynamics around trading that would be impossible in traditional markets. What happens when your liquidation becomes everyone's battle?

Would you donate to protect a stranger's $100M position? The answer might reveal more about crypto's future than any price prediction.

@ b1ddb4d7:471244e7

Bitcoin 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:

• Unique Bitcoin-Video Ads: Part One
• Unique Bitcoin-Video Ads: Part Two

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

@ 7f6db517:a4931eda

Bank 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.

@ 9ca447d2:fbf5a36d

Trump 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.

@ bf47c19e:c3d2573b

Originalni tekst na bitcoin-balkan.com

---

Bitcoinova potrošnja energije nije „rasipna“

– On je mnogo efikasniji od postojećih finansijskih sistema

– Niko nema moralni autoritet da vam kaže šta je dobra ili loša upotreba energije (npr: gledanje Parova, Zadruge ili Farme)

Hajde da raskrinkamo ovaj FUD (eng. Fear, Uncertainty and Doubt – Strah, Neizvesnost i Sumnju)

U ovom članku istražujem kako je sve oko nas energija, novac je energija, subjektivna upotreba energije i troškovi PoW-a (eng. Proof of work – Dokaz rada) u odnosu na postojeće sisteme upravljanja.

Ideja da je „rad“ energija, započela je kada je francuski matematičar Gaspard-Gustave de Coriolis predstavio ideju da je energija „odrađen rad“. Nekada davno, celokupan posao koji je odrađivan u ekonomiji realizovan je kroz ljuduski rad. Taj rad pokretala je hrana. Pre više hiljada godina, naša potrošnja energije se povećala kada smo pripitomili životinje koje bi mogle da rade umesto nas. Ti novi radnici takođe su morali da budu nahranjeni. Velike količine hrane bile su potrebne da bi se zadovoljile potrebe za energijom, a zajedno sa nama, povećavao se i naš prosperitet.

U poslednjih nekoliko stotina godina napravili smo sjajne mašine koje imaju svrhu izvršavanja tj. proizvodnje odredjenog rada. I mašine i priroda proizvode rad korišćenjem energije (prvi zakon termodinamike). Imamo ekonomiju koja se ne zasniva na novcu, već na radu i energiji.

Sve stvari u našem životu su usko povezane sa cenom energije. Troškovi bilo kog dobra su u velikoj meri odraz energije koja se koristi u proizvodnji tog dobra. Novac, koji predstavlja rad potreban za generisanje dobara i usluga, takođe se može posmatrati kao uskladištena energija.

Početkom 20. veka, ljudi su bili zainteresovani za zamenu zlata ili dolara sa „energetskim dolarom“ ili „jedinicama energije“. Koncept je bio popularan zbog svojih dobrih novčanih karakteristika. Mane? Nije se moglo lako preneti ili skladištiti.

„Da bi muškaraca/ženu naterao da poželi neku stvar, potrebno je samo učiniti stvar teškom za dobijanje.“ – Mark Twain Bitcoin-ov PoW je prvobitno izmišljen kao mera protiv spam email-ova. Tek nešto kasnije, Satoshi ga je prilagodio da se koristi u digitalnoj gotovini.

Ono što PoW rudarenje radi „ispod haube“ je upotreba namenskih mašina (ASIC-a) za pretvaranje električne energije u Bitcoin-e (putem blok nagrade). Bitcoin ima kapitalistički mehanizam glasanja, „rizikovan novac, dobijeni glasovi“ pomoću energije/ASIC-a koji se koriste za generisanje heš-ova (glasova).

Kada je Satoshi dizajnirao PoW, iz temelja je promenio način na koji se formira konsenzus između ljudi od političkih do apolitičnih glasova (heš-ova) pretvaranjem energije. To je najjednostavniji i najpravedniji način da fizički svet potvrdi nešto u digitalnom svetu.

Bitcoin je odlična roba, iskovana iz energije, osnovna roba univerzuma. PoW transformiše električnu energiju u digitalno zlato. Činjenica da je PoW „skup“ je odlika, a ne greška.

Istorijski gledano, obezbeđivanje nečega podrazumevalo je izgradnju fizičkog zida oko svega što je vredno. Knjiga Bitcoin-a je obezbeđena ukupnom sumom energije potrošene za izgradnju digitalnog zida. Bila bi potrebna ekvivalentna količina energije da bi se on srušio (nezaboravna skupoća) @NickSzabo4

„Potrošnja električne energije po transakciji“ je loš KPI, a evo i zašto:

– Potrošena energija je po bloku, a ne po transakciji

– Ekonomska gustina Bitcoin transakcije se povećava (Segwit, taproot, Lightning)

– Trebalo bi da bude definisano sigurnošću ekonomske istorije @LaurentMT . Stopa poboljšanja efikasnosti ASIC-a se usporava. Kako se efikasnost usporava, možemo očekivati porast konkurencije proizvođača kako se marže sužavaju. Sveukupni troškovi rudarenja preći će sa početnih troškova ASIC hardvera na tekuće troškove energije za ostvarivanje rada.

Cena rudarenja Bitcoin-a postaje najniža (višak) vrednost električne energije. Ovo može rešiti problem sa obnovljivim izvorima energije koji imaju predvidivi kapacitet i koji se ne iskorišćava u potpunosti, poput hidroelektrana i gorivog metana.

Aluminijum je bio popularno sredstvo za „izvoz“ električne energije iz zemlje koja obiluje neiskorišćenim obnovljivim izvorima energije (npr. Island). Kako je proizvodnja aluminijuma tokom decenija sazrevala, kWh po kilogramu proizvedenog aluminijuma postajao je efikasniji.

https://www1.eere.energy.gov/manufacturing/resources/aluminum/pdfs/al_theoretical.pdf

PoW je u krajnjem slučaju kupac celokupne električne energije, stvarajući temelj koji podstiče izgradnju novih postrojenja za proizvodnju energije oko različitih izvora energije koji bi inače ostali neiskorišćeni.

„Zamislite topografsku 3D mapu sveta sa žarištima jeftine energije koji su niži, a sa skupom energijom višlji. Zamišljam da je iskopavanje Bitcoin-a slično čaši vode koja se prelila, taložila se po uglovima i ćoškovima i glačala ih. “ – @nic__carter

„Energija koja se koristi za PoW prestaće da raste kada se granični povrat od sagorevanja kWh energije kroz PoW bude jednak graničnom povratu od prodaje tog kWh u mrežu … „ Nakamoto-va tačka“ koja će koristiti između 1-10% svetske energije.“ – @dhruvbansal

Neki se žale da rudarenje Bitcoin-a ne postiže „ništa korisno“, poput pronalaženja prostih brojeva. Bitcoin već radi nešto korisno za društvo. Nije racionalno tražiti od rudara da obavljaju funkciju koja je nesebična bez podsticaja.

Sve zahteva energiju. Tvrdnja da je jedna upotreba energije više ili manje rasipna od druge, potpuno je subjektivna, jer su sve upotrebe plaćene tržišnom stopom za korišćenje te električne energije.

Bitcoin-ova upotreba električnog kapaciteta troši manje količine električne energije od postojećih tradicionalnih sistema koji ne zahtevaju samo napajanje bankarske infrastrukture, već i vojnu i političku mašinu. Kompromis energije je „neto pozitivan“ ishod.

Preko Bitcoin-a, da li je nepoverljivo poravnanje od 1,34T USD između ugovornih strana godišnje, uz dodatni benefit jeftinije energije za sve, vredno 4,5B USD u trenutnim troškovima rudarenja? Mislim da je odgovor odlučno da.

1/ Bitcoin’s energy consumption is not “wasteful.”

- It is much more efficient than existing financial systems
- No one has the moral authority to tell you what is a good or bad use of energy (ex: watching the Kardashians)

Let's debunk this FUD👇

— Dan Held (@danheld) January 18, 2021

@ dfa02707:41ca50e3

Contribute 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."

• A step-by-step guide for setting up CCC is available here.

• 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.

Blog Post / Archive
GitHub Repo
CCC Guide
Key Teleport site

@ e0e92e54:d630dfaa

As some of you know, I lead a quarterly Bible Study through Faith Driven Investor

One of the members from the cohort that just ended forwarded me an email from the US Christian Chamber of Commerce

The summary is: Christians should intentionally be doing more business with Christians.

[Full email at the bottom of this Article]

---

I recanted to my FDI member about a book I read a few years ago, Thou Shall Prosper, by Rabbi Daniel Lapin.

In it he gave the statistics that a single dollar recirculates in the Jewish community 12 times, Muslims 8 times, and Christians only 3 or 4 times.

(I'm probably slightly off on recalling the stats)

But the point being that as a people group, Jews are 4x more wealthy than Christians because Christians value doing business with one another 4 times less than Jews...or said another way, the Jewish people value doing business with one another 4x more than Christians.

Reading the email I was sent, I was further reminded as business owners, leaders, and investors;

If we are truly going to steward that which God has entrusted to us, we should want to re-circulate those resources as many times as possible within the Christian community in order to have the greatest probability of return on image bearers.

What are your thoughts?

---

I Bought a House Through the Christian Chamber - What happened next surprised me

My husband and I just bought a house—but it wasn’t just a transaction. It was a transformation.

With our daughter’s high school graduation behind us, we felt ready to step into a long-held dream: moving to a beach town we’ve thought, talked, and prayed about for years. As part of turning our dream into a reality, we made a very intentional decision:

We would buy our home entirely through the Christian Chamber community.

We wanted to walk the talk—to model what Kingdom commerce really looks like. So we sought Christian-led businesses for every part of the process. What started as a symbolic gesture quickly became a profound experience with two life-changing revelations:

1) The Power of Prayer in Business

Yes, we prayed as a couple—but imagine your Realtor, lender, inspector, and insurance agent all praying with you, too.

We’re not talking about just being “nice people” or listening to worship in the office. We’re talking about Spirit-filled, Jesus-following believers who brought prayer into every decision.

· Our Realtor is also a church planter—her discernment helped us find the perfect house on day one.

· Our lender joined us in prayer—and worked miracles to make the deal smooth and abundantly possible.

· Our inspector's biggest red flag? A bird’s nest in a porch light. (Yes, really.)

· Our insurance agent handled everything—and in Florida, that’s no small feat.

I have bought and sold seven homes in my life, but this was the best experience by far. The layout, the location, the timing, the favor—it was all wrapped in prayer and covered in grace. It wasn’t just business. It was supernatural.

2) Kingdom ROI — A Multiplied Impact

By doing business with Christians, we didn’t just find great service. We created a multiplied Kingdom return.

We know where our vendors give. We know the churches they support, the ministries they fund, and the people they serve.

When they earned from our purchase, those dollars didn’t disappear—they were reinvested into Kingdom causes we could never reach on our own.

This is Kingdom ROI.

It’s a real-life example of the parable of the talents—we didn’t bury our resources. We multiplied them. When you spend money with aligned believers, your impact compounds.

The opposite is also true:

When we spend with businesses that oppose our values, we’re funding platforms that erode the very things we’re trying to protect—our families, our freedoms, and our faith.

We MUST STOP funding the enemy.

The Bigger Picture

Let’s be clear: Studies show that Christians make up 31% of the world’s population, but we control 55% of the world’s wealth—more than $107 trillion in personal assets.

And yet…we’re leaking that wealth into systems that are actively working against us.

Why? Because we do not have the infrastructure to keep it aligned.

Until now.

That’s what we’re building through the U.S. Christian Chamber of Commerce: A national infrastructure that empowers Christians to redirect their dollars, align their values, and multiply their impact.

What If You Did the Same?

· Buy your next product or service from a Christian-led business.

· Hire your next contractor from your local Christian Chamber.

· Invest in a company with eternal impact.

· Launch a Christian Chamber in your region—we’ll help you.

· Join the U.S. Christian Chamber. This is your Chamber, for your nation.

· Meet us in Orlando for SWC 2026, the global gathering of Christian commerce.

Imagine the multiplying power if thousands of us made similar decisions—every day—across this nation.

We own the wealth. Now let’s build the infrastructure, create the ecosystem, and shift the world's wealth one transaction at a time.



This is our nation and we are One Nation Under God!

---

Jason Ansley is the founder of Above The Line Leader, where he provides tailored leadership support and operational expertise to help business owners, entrepreneurs, and leaders thrive— without sacrificing your faith, family, or future.

• Want to strengthen your leadership and enhance operational excellence? Connect with Jason at https://abovethelineleader.com/#your-leadership-journey

• 📌 This article first appeared on NOSTR. You can also find more Business Leadership Articles and content at: 👉 https://abovethelineleader.com/business-leadership-articles

@ dfa02707:41ca50e3

Good 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

@ dfa02707:41ca50e3

Contribute 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 to sparrowwallet and sparrowserver 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 to sparrowwallet or sparrowserver, and in some cases you may need to manually uninstall the original sparrow 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

Announcement / Archive
GitHub Repo

@ dfa02707:41ca50e3

• 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 in docker-node.conf.
  • Processing incoming transactions from Soroban network can be deactivated by setting NODE_PANDOTX_PROCESS=off in docker-node.conf.
• 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 deprecated explorer field in the Dojo pairing payload. Although still present, API consumers should use this endpoint for explorer and other pairing data.

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.

#FREESAMOURAI

Learn how to set up and use your own Bitcoin privacy node with Dojo here.

Announcement / Archive
GitHub Repo

@ dfa02707:41ca50e3

Contribute 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:

1. Open the app menu sidebar and click Privacy.
2. Toggle the Use Payjoin option.
3. 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.

Announcement
Blog Post / Archive
GitHub Repo

@ b1ddb4d7:471244e7

Starting January 1, 2026, the United Kingdom will impose some of the world’s most stringent reporting requirements on cryptocurrency firms.

All platforms operating in or serving UK customers-domestic and foreign alike-must collect and disclose extensive personal and transactional data for every user, including individuals, companies, trusts, and charities. 

This regulatory drive marks the UK’s formal adoption of the OECD’s Crypto-Asset Reporting Framework (CARF), a global initiative designed to bring crypto oversight in line with traditional banking and to curb tax evasion in the rapidly expanding digital asset sector.

What Will Be Reported?

Crypto firms must gather and submit the following for each transaction:

• User’s full legal name, home address, and taxpayer identification number
• Detailed data on every trade or transfer: type of cryptocurrency, amount, and nature of the transaction
• Identifying information for corporate, trust, and charitable clients

The obligation extends to all digital asset activities, including crypto-to-crypto and crypto-to-fiat trades, and applies to both UK residents and non-residents using UK-based platforms. The first annual reports covering 2026 activity are due by May 31, 2027.

Enforcement and Penalties

Non-compliance will carry stiff financial penalties, with fines of up to £300 per user account for inaccurate or missing data-a potentially enormous liability for large exchanges. The UK government has urged crypto firms to begin collecting this information immediately to ensure operational readiness.

Regulatory Context and Market Impact

This move is part of a broader UK strategy to position itself as a global fintech hub while clamping down on fraud and illicit finance. UK Chancellor Rachel Reeves has championed these measures, stating, “Britain is open for business – but closed to fraud, abuse, and instability”. The regulatory expansion comes amid a surge in crypto adoption: the UK’s Financial Conduct Authority reported that 12% of UK adults owned crypto in 2024, up from just 4% in 2021.

Enormous Risks for Consumers: Lessons from the Coinbase Data Breach

While the new framework aims to enhance transparency and protect consumers, it also dramatically increases the volume of sensitive personal data held by crypto firms-raising the stakes for cybersecurity.

The risks are underscored by the recent high-profile breach at Coinbase, one of the world’s largest exchanges.

In May 2025, Coinbase disclosed that cybercriminals, aided by bribed offshore contractors, accessed and exfiltrated customer data including names, addresses, government IDs, and partial bank details. 

The attackers then used this information for sophisticated phishing campaigns, successfully deceiving some customers into surrendering account credentials and funds.

“While private encryption keys remained secure, sufficient customer information was exposed to enable sophisticated phishing attacks by criminals posing as Coinbase personnel.”

Coinbase now faces up to $400 million in compensation costs and has pledged to reimburse affected users, but the incident highlights the systemic vulnerability created when large troves of personal data are centralized-even if passwords and private keys are not directly compromised. The breach also triggered a notable drop in Coinbase’s share price and prompted a $20 million bounty for information leading to the attackers’ capture.

The Bottom Line

The UK’s forthcoming crypto reporting regime represents a landmark in financial regulation, promising greater transparency and tax compliance. However, as the Coinbase episode demonstrates, the aggregation of sensitive user data at scale poses a significant cybersecurity risk.

As regulators push for more oversight, the challenge will be ensuring that consumer protection does not become a double-edged sword-exposing users to new threats even as it seeks to shield them from old ones.

@ 8bad92c3:ca714aa5

Marty's Bent

It's been a pretty historic week for the United States as it pertains to geopolitical relations in the Middle East. President Trump and many members of his administration, including AI and Crypto Czar David Sacks and Treasury Secretary Scott Bessent, traveled across the Middle East making deals with countries like Qatar, Saudi Arabia, the United Arab Emirates, Syria, and others. Many are speculating that Iran may be included in some behind the scenes deal as well. This trip to the Middle East makes sense considering the fact that China is also vying for favorable relationships with those countries. The Middle East is a power player in the world, and it seems pretty clear that Donald Trump is dead set on ensuring that they choose the United States over China as the world moves towards a more multi-polar reality.

Many are calling the events of this week the Riyadh Accords. There were many deals that were struck in relation to artificial intelligence, defense, energy and direct investments in the United States. A truly prolific power play and demonstration of deal-making ability of Donald Trump, if you ask me. Though I will admit some of the numbers that were thrown out by some of the countries were a bit egregious. We shall see how everything plays out in the coming years. It will be interesting to see how China reacts to this power move by the United States.

While all this was going on, there was something happening back in the United States that many people outside of fringe corners of FinTwit are not talking about, which is the fact that the 10-year and 30-year U.S. Treasury bond yields are back on the rise. Yesterday, they surpassed the levels of mid-April that caused a market panic and are hovering back around levels that have not been seen since right before Donald Trump's inauguration.

I imagine that there isn't as much of an uproar right now because I'm pretty confident the media freakouts we were experiencing in mid-April were driven by the fact that many large hedge funds found themselves off sides of large levered basis trades. I wouldn't be surprised if those funds have decreased their leverage in those trades and bond yields being back to mid-April levels is not affecting those funds as much as they were last month. But the point stands, the 10-year and 30-year yields are significantly elevated with the 30-year approaching 5%. Regardless of the deals that are currently being made in the Middle East, the Treasury has a big problem on its hands. It still has to roll over many trillions worth of debt over over the next few years and doing so at these rates is going to be massively detrimental to fiscal deficits over the next decade. The interest expense on the debt is set to explode in the coming years.

On that note, data from the first quarter of 2025 has been released by the government and despite all the posturing by the Trump administration around DOGE and how tariffs are going to be beneficial for the U.S. economy, deficits are continuing to explode while the interest expense on the debt has definitively surpassed our annual defense budget.

via Charlie Bilello

via Mohamed Al-Erian

To make matters worse, as things are deteriorating on the fiscal side of things, the U.S. consumer is getting crushed by credit. The 90-plus day delinquency rates for credit card and auto loans are screaming higher right now.

via TXMC

One has to wonder how long all this can continue without some sort of liquidity crunch. Even though equities markets have recovered from their post-Liberation Day month long bear market, I would not be surprised if what we're witnessing is a dead cat bounce that can only be continued if the money printers are turned back on. Something's got to give, both on the fiscal side and in the private markets where the Common Man is getting crushed because he's been forced to take on insane amounts of debt to stay afloat after years of elevated levels of inflation. Add on the fact that AI has reached a state of maturity that will enable companies to replace their current meat suit workers with an army of cheap, efficient and fast digital workers and it isn't hard to see that some sort of employment crisis could be on the horizon as well.

Now is not the time to get complacent. While I do believe that the deals that are currently being made in the Middle East are probably in the best interest of the United States as the world, again, moves toward a more multi-polar reality, we are facing problems that one cannot simply wish away. They will need to be confronted. And as we've seen throughout the 21st century, the problems are usually met head-on with a money printer.

I take no pleasure in saying this because it is a bit uncouth to be gleeful to benefit from the strife of others, but it is pretty clear to me that all signs are pointing to bitcoin benefiting massively from everything that is going on. The shift towards a more multi-polar world, the runaway debt situation here in the United States, the increasing deficits, the AI job replacements and the consumer credit crisis that is currently unfolding, All will need to be "solved" by turning on the money printers to levels they've never been pushed to before.

Weird times we're living in.

China's Manufacturing Dominance: Why It Matters for the U.S.

In my recent conversation with Lyn Alden, she highlighted how China has rapidly ascended the manufacturing value chain. As Lyn pointed out, China transformed from making "sneakers and plastic trinkets" to becoming the world's largest auto exporter in just four years. This dramatic shift represents more than economic success—it's a strategic power play. China now dominates solar panel production with greater market control than OPEC has over oil and maintains near-monopoly control of rare earth elements crucial for modern technology.

"China makes like 10 times more steel than the United States does... which is relevant in ship making. It's relevant in all sorts of stuff." - Lyn Alden

Perhaps most concerning, as Lyn emphasized, is China's financial leverage. They hold substantial U.S. assets that could be strategically sold to disrupt U.S. treasury market functioning. This combination of manufacturing dominance, resource control, and financial leverage gives China significant negotiating power in any trade disputes, making our attempts to reshoring manufacturing all the more challenging.

Check out the full podcast here for more on Triffin's dilemma, Bitcoin's role in monetary transition, and the energy requirements for rebuilding America's industrial base.

Headlines of the Day

Financial Times Under Fire Over MicroStrategy Bitcoin Coverage - via X

Trump in Qatar: Historic Boeing Deal Signed - via X

Get our new STACK SATS hat - via tftcmerch.io

Johnson Backs Stock Trading Ban; Passage Chances Slim - via X

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Ten31, the largest bitcoin-focused investor, has deployed 158,469 sats | $150.00M 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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Final thought...

Building things of value is satisfying.

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@ c230edd3:8ad4a712

Chef's notes

Most Santa Maria tri tip roast recipes call for red wine vinegar and dijon mustard. I prefer other ingredients in place of those, but should you like those flavors and textures, they are more traditional.

Keep in mind when cooking and slicing, that the grain of tri-tip runs in 3 directions and the meat is unevenly thick. Pulling the roast when the thin end achieves well done, the thicker end will be a nice medium rare. When slicing, change direction to cut against the grain as you transition through for the most tender outcome.

Details

• ⏲️ Prep time: 10 minutes
• 🍳 Cook time: 1 hour ( with grill heating time)
• 🍽️ Servings: 4-6

Ingredients

• 1.5 - 2 lb Tri-Tip Roast
• 1 Tbsp Kosher Salt
• 1 tsp Black Pepper
• 1 tsp Cayanne Pepper ( substitute all or some with smoked paprika for a milder taste)
• 1 tsp Garlic Powder
• 1 tsp Onion Powder
• 1 Tbsp Rosemary
• 2 Tbsp Stone Ground Mustard
• 1 Tbsp Rice Vinegar
• 2-3 Cloves Garlic, Minced

Directions

1. Mix all dry spices.
2. Pat the roast dry and coat on all sides with seasdoning mix.
3. Cover loosely and allow to sit in fridge for 8-12 hours.
4. Preheat grill to 475 degrees F, allow meat to sit at room temp during this process.
5. Mix vinegar, mustard, and minced garlic.
6. Place meat on hot grill, fat side down and coat the upward side with mustard mix
7. Grill approximately 7-10 minutes.
8. Flip meat, repeat coating and grilling.
9. Flip once more and grill for 2-3 minutes to caramelize the glaze and until the fat begins to render.
10. Remove from grill and let the roast rest for 5 minutes before slicing,
11. Serve with grilled veggies or any side of your choice. This is a bit spicy so it goes well with a salsa fresca and tortillas, too.

@ bf47c19e:c3d2573b

Originalni tekst na bitcoin-balkan.com

---

Pregled sadržaja

1. Bitcoin Je Nosilac Imovine
2. Komprimis: Bezbednost vs Konfor
3. Pregled Novčanika: Istraživanje Hardverskih, Mobilnih, Desktop i Multisig Bitcoin Novčanika
4. Vruće vs Hladno – (hot vs Cold) Bitcoin Novčanici: U čemu je razlika?
5. Bitcoin Novčanik – Backup Fraza
6. Bitcoin Multisignature: Kako radi
7. Zašto Moj Bitcoin Novčanik Stalno Menja Moju Adresu?
8. Moja Preporuka: Neka Procenat Neto Vrednosti Vodi Vaš Izbor Bitcoin Novčanika
9. Da Zaokružimo Priču

U redu, dakle stekli ste neku količinu Bitcoin-a, i koji je sada najbolji način za njegovo čuvanje? Ovde ću vas provesti kroz proces pronalaženja pravog Bitcoin novčanika za vas.

Iako se čini kao jednostavno pitanje, ima iznenađujuće puno nijansi koje treba razmotriti. Koliko Bitcoin-a imate? Koliko često planirate da ga trošite? Da li ste sigurni da su vaši ključevi sigurniji kod vas nego kod offline čuvara? Odgovori na ova pitanja pomoći će vam da pronadjete pravo rešenje za vas.

Bitcoin je nosilac imovine, što znači da i sami možete držati ključeve svog Bitcoin-a. Kada držite svoje Bitcoin ključeve, vi imate direktnu kontrolu nad svojim novcem. Nije povereno nijednoj trećoj strani, poput banke. Trebate držati svoje ključeve onda kada utvrdite da je rizik da ih lično držite manji od rizika da ih čuvar izgubi. Donošenje te odluke oslanja se uglavnom na vaše razumevanje kako i zašto držati svoje Bitcoin ključeve. U ovom članku ću vam pomoći da razumete obe strane.

U ovom članku ćemo istražiti:

• „Nisu vaši ključevi, nije vaš Bitcoin“
• Bezbednost vs Konfor
• Vrste Bitcoin novčanika
• Postavke Multisig-a
• Moja preporuka za izbor najboljeg novčanika za VAS

Zato počnimo polako.

Bitcoin Je Nosilac Imovine

U kriptografiji, javni ključ(public key) se koristi za šifrovanje poruka, a privatni ključ(private key) za njihovo dešifrovanje. Ako bi neko želeo da vam pošalje šifrovanu poruku, šifrirao bi je vašim javnim ključem. Vaš privatni ključ je jedini način za dešifrovanje te poruke, pa sve dok ste jedina osoba koja drži taj privatni ključ, vi ste i jedina osoba koja može pročitati poruku.

Bitcoin koristi kriptografiju javnog/privatnog ključa da bi osigurao transakcije. Privatni ključ se kreira kada napravite Bitcoin novčanik. Novčanik stvara javne ključeve koji se heširaju i koriste kao adrese za prijem Bitcoin-a. Privatni ključ je potreban da bi se dokazalo vlasništvo nad uskladištenim Bitcoin-om na toj adresi kako bi se mogao potrošiti.

Ako lično ne kontrolišete privatne ključeve povezane sa vašim Bitcoin-om, onda zapravo ne posedujete svoj Bitcoin. Drugim rečima, ako menjačnica ili banka drži vaše Bitcoin-e u vaše ime, vi onda nemate direktnu kontrolu nad svojim Bitcoin-ima. Vi prenosite sigurnost svog Bitcoin-a drugoj stranci.

Da biste u potpunosti iskoristili jedinstvene osobine Bitcoin-a kao novca, vi trebate da držite svoje privatne ključeve. Kao što Bitcoineri često kažu „nisu vaši ključevi, nije vaš Bitcoin“. Ovo vam pruža mogućnost držanja vašeg Bitcoin-a pod vašim nadzorom, tako da ga države, banke ili hakeri koji ga ciljaju ne mogu zapleniti ili oduzeti. Ali odabir držanja sopstvenih ključeva dolazi sa odredjenom odgovornošću za bezbednost vašeg Bitcoin-a.

Moj cilj je da vam pomognem da postanete konforni sa mogućnošću držanja svojih ključeva. Do tada, Bitcoin če biti sigurniji na novčaniku vaše menjačnice.

Sada ćemo pogledati koje opcije imate za preuzimanje kontrole nad sopstvenim Bitcoin ključevima.

Bezbednost vs Komfor

Komprimis: Bezbednost vs Komfor

Glavni kompromis koji treba uzeti u obzir prilikom skladištenja vašeg Bitcoin-a je između bezbednosti i konfora. Očigledno je da su i bezbednost i konfor poželjne osobine prilikom čuvanja vašeg Bitcoin-a, ali se međusobno direktno suprotstavljaju.

Gde se vi nalazite u spektru bezbednosti nasuprot konfora?

Postavite sebi ova pitanja da biste stekli bolji utisak o tome koji način čuvanja za vas ima najviše smisla:

• Ukupna vrednost – da li skladištite na nivou od 0,1%, 1% ili 10 +% vaše neto vrednosti u Bitcoin-u? Odgovor bi trebao da vam da vrlo različite metode čuvanja vašeg Bitcoin-a. Očigledno biste bili spremni da pretrpite više neprijatnosti ako to znači zaštitu 50% vaše neto vrednosti.
• Vremenski okvir/dostupnost – Kada i koliko često imate potrebu da trošite svoje Bitcoin-e? Da li je to više kao tekući račun, srednjoročni štedni račun ili je vaš Bitcoin sličniji dugoročnom penzionom računu?

“Pazite da podešavanje vaše zaštite ne bude tako složeno da čak i vi zaboravite kako dostupiti vašom Bitcoin-u“

Od Bitcoinera se mogu čuti upozoravajuće priče o ljudima koji gube svoje Bitcoin-e zbog prekomplikovanih podešavanja čuvanja, što rezultira time da vlasnik zaboravi kako da pristupi svojim novčićima.

Pregled Novčanika: Istraživanje Hardverskih, Mobilnih, Desktop i Multisig Bitcoin Novčanika

Sada kada ste odlučili da nabavite nekoliko Bitcoin-a (pametan potez) vreme je da odlučite gde ćete čuvati vaš Bitcoin. Kada započinjete, ovo vam može dati nadmoćan osećaj. U ovom odeljku ću vam dati kratki pregled opcija kojima raspolažete. Kao i u većini stvari u životu, i ovde se radi o kompromisima.

Hardverski Bitcoin Novčanici

Korisnici čuvaju privatne ključeve na namenskom hardverskom delu.

Prednosti: Privatni ključevi nikada ne dolaze u dodir sa internetom, što smanjuje rizik od njihovih gubitaka. Pogodno za dugotrajno skladištenje. Ako izgubite hardverski novčanik, možete da upotrebite backup seed fraze (eng. seed phrase backup) da biste vratili novčanik.

Mane: Korisnici moraju da obezbede backup seed fraze, što zahteva promišljenu strategiju kako da je zaštite. Preporučuje se da zapišete svoju seed frazu na metal i sačuvate rezervne kopije na više sigurnih lokacija. Ako vam ukradu hardverski novčanik, dolazite u rizik hakovanja vaših sredstava. Napomena: zaštita backup seed fraze je standardna praksa za novčanike gde korisnik kontroliše svoje privatne ključeve.

Primeri: Ledger, Trezor, Coldcard i BitBox

Mobilni Bitcoin Novčanici

Korisnici čuvaju privatne ključeve na mobilnom uređaju.

Prednosti: Jednostavan za upotrebu, dobar za početnike, pogodan za male iznose.

Mane: Najmanje sigurna opcija jer se privatni ključevi nalaze na uređaju povezanom na Internet. Ako napadač stekne fizički pristup vašem telefonu, može proslediti sredstva u njegov novčanik. Nije dobro za dugotrajno skladištenje.

Primeri: Block­stream Green, Samourai (samo za Android), Muun, Blue Wallet, Electrum

Desktop Bitcoin Novčanici

Korisnici čuvaju privatne ključeve na svom desktop/laptop računaru

Prednosti: Dobro korisničko iskustvo.

Mane: Nije baš bezbedno, jer su računari povezani na internet i podložni virusima i napadima. Nije dobro za dugotrajno čuvanje.

Primeri: Bitcoin Core i Electrum (napredni), Wasabi (srednji), Block­stream Green (početni). Wasabi je verovatno najbolji novčanik za privatnost, a Block­stream Green je najbolji početnički desktop novčanik.

Multisignature Bitcoin Novčanici

Korisnik čuva privatne ključeve u posebnom novčaniku za koji je potrebno da potpiše više privatnih ključeva pre nego što može da premešta svoja sredstva. Na primer, u „2 od 3“ multisig (eng. multisignature – više potpisa) novčaniku, korisniku su potrebna bilo koja dva od tri privatna ključa za slanje sredstava.

Prednosti: Jedan od najsigurnijih načina za čuvanje vašeg Bitcoin-a, smanjuje efikasnost fizičkih napada, pogodan za dugoročno skladištenje.

Mane: Teško ga je samostalno podesiti, ali postoji nekoliko servisa koji olakšavaju ovaj proces. Nije pogodno za potrošnju, a to može predstavljati i poentu.

Primeri: Unchained Capital’s Vault (2 od 3), Casa’s Keymaster (2 od 3 i 3 od 5), Block­steam Green (2 od 2), Electrum.

Vruće vs Hladno – (hot vs Cold) Bitcoin Novčanici: U čemu je razlika?

Vrući novčanici su povezani na Internet. To znači da je ključevima lakše pristupiti nego kada su na hardverskom novčaniku, a to takođe znači i da su vaša sredstva ranjiva na napade hakera. Vruće novčanike preporučujem samo za male količine.

Hladni novčanici NISU povezani sa Internetom. To znači da je vašim sredstvima teže pristupiti. Hladni novčanici su manje pogodni za korisnike, ali hakeri mnogo teže mogu da pristupe vašim sredstvima. Hladne novčanike treba smatrati jedinom opcijom za dugoročno čuvanje.

Bitcoin Novčanik – Backup Fraza

Većina novčanika zahteva od korisnika da zapišu „backup seed frazu“. Ovo je mera predostrožnosti u slučaju da izgubite pristup svojim privatnim ključevima/novčaniku. To takođe znači da korisnici moraju biti vrlo oprezni sa svojim rezervnim kopijama jer one sadrže sve potrebne informacije za pristup vašim sredstvima. Tretirajte i čuvajte svoje rezervne kopije na način kao što bi tretirali i čuvali gomilu zlata.

• Ne pravite slike ili snimke ekrana svoje backup fraze
• Ne izgovarajte naglas svoju backup frazu – ikad!
• Ne čuvajte svoju semensku frazu Password Manager Aplikaciji
• Ne koristite Internet uslugu oporavka backup fraze
• Koristite pristupnu frazu (passphrase) da biste dodali još sigurnosti
• Koristite više metoda za pravljenje rezervnih kopija
• Ograničite pristup svojoj backup frazi što je više moguće
• Nikada ne razgovarajte sa ljudima gde, kako i koliko Bitcoin-a čuvate

Tako izgleda „backup seed fraza“

Bitcoin Novčanici Bez Seed-ova

Drugi način za čuvanje Bitcoin-a su novčanici bez seed-ova. Oni su dizajnirani za multisig akaunte, gde korisnici ne kreiraju backup seed-ove, već se oslanjaju na uslugu rezervne kopije. Casa prednjači u novčanicima bez seed-ova sa svojim Keymaster multisignaturnim proizvodom.

Bitcoin Multisignature: Kako radi

Umesto da zahtevaju jedan potpis privatnog ključa za premeštanje sredstava, multisig novčanici zahtevaju više potpisa za premeštanje sredstava. Postoji mnogo načina za pravljenje multisig novčanika, ali iskoristimo postavku 2 od 3 za naš primer.

Kao korisnik, to znači da imate ukupno 3 privatna ključa koji odgovaraju jednom Bitcoin novčaniku. Da biste prebacili sredstva, potrebna su vam najmanje 2 privatna ključa za potpisivanje transakcije. Većina korisnika će fizički odvojiti lokacije svakog ključa kako bi što više smanjili rizik. Samo nemojte biti previše kreativni, da ne prevarite i sebe i na taj način izgubite svoja sredstva (to se dogodilo mnogo puta).

Kao što je gore pomenuto, evo nekoliko primera Multisig­na­ture novčanika

• Block­steam Green Wallet (2 od 2)
• Casa’s Keymaster (2 od 3 i 3 od 5)
• Unchained Capital’s Vault (2 od 3)
• Electrum

Prednosti Multisig-a

Multisig nudi prostor za greške. Ako imate samo jedan privatni ključ i izgubite ga, vaša sredstva će se zauvek izgubiti. Međutim, ako imate podešavanje 2 od 3, možete sebi priuštiti da izgubite jedan privatni ključ i dalje pristupite svojim sredstvima.

Multisig takođe smanjuje šanse za moguće fizičke napade. Recimo da ste fizički ugroženi i primorani da se odreknete svog dragocenog Bitcoin-a. Ako ste imali normalan novčanik (a ne multisig), onda biste lako mogli da prebacite svoj Bitcoin tom kom vas napada. Međutim, ako ste postavili multisig podešavanja, jedan od vaših ključeva je u kući, a drugi ključ na nekom drugom mestu (npr. vaša kancelarija ili sef u banci). Ovakvo razdvajanje ključeva u velikoj meri smanjuje želju tog napadača da uopšte pokuša da preotme vaš Bitcoin.

Zašto Moj Bitcoin Novčanik Stalno Menja Moju Adresu?

Svaki skup privatnih ključeva može generisati bilione javnih ključeva. Ovi javni ključevi se zatim transformišu (kroz matematički proces zvan heširanje) da bi se proizvele javne adrese.

Svaka pojedinačna adresa može da primi Bitcoin. Dakle, svaki skup privatnih ključeva koji posedujete sposoban je da proizvede svoj jedinstveni, masivni skup javnih adresa koje posedujete vi, i samo vi. Svako može da pošalje Bitcoin na te javne adrese, ali samo onaj koji poseduje te privatne ključeve može trošiti Bitcoin sa tih adresa.

Mnogi ljudi vole da uporedjuju privatne ključeve, javne adrese i Bitcoin novčanike sa e-mail adresama. Privatni ključevi su vaša lozinka, javna adresa je vaša e-mail adresa, a novčanik je e-mail domen koji koristite (npr. Gmail, Protonmail, Yahoo itd.). Iako je korisna, ova analogija pomalo obmanjuje, jer sa Bitcoin-om svaka lozinka (privatni ključ) koju posedujete omogućava pristup bilionima potencijalnih e-mail adresa (javnih adresa) za slanje i primanje Bitcoin-a.

Nema razloga za brigu ako vaš novčanik stalno generiše nove Bitcoin adrese. To je zapravo jedna od njegovih karakteristika! Novčanici koji generišu i koriste nove javne adrese pomažu u zaštiti vaše privatnosti od ljudi koji „njuškaju“ na javnom Bitcoin blockchain-u. Samo zapamtite da sve dok vi držite privatne ključeve novčanika, samo vi posedujete sadašnji i budući Bitcoin, poslat na bilo koju javnu adresu koju je generisao vaš novčanik. Samo se pobrinite da privatni ključevi Bitcoin-a budu sigurni, bezbedni i privatni.

Moja Preporuka: Neka Procenat Neto Vrednosti Vodi Vaš Izbor Bitcoin Novčanika

Najjednostavniji način pristupanja izbora koji novčanik će te odabrati za vaš Bitcoin je fokusiranje na pitanje „koliko novca je u igri?“. Drugim rečima, koji procenat vaše neto vrednosti je zaštićen? Evo naše analize, ali naravno, situacija svake osobe je jedinstvena. Koristite ovo kao smernicu, a ne kao apsolutnu istinu.

Male količine (oko 0,1% neto vrednosti) – Koristite mobilni Bitcoin novčanik

• Block­stream Green – ima multisig 2 od 2. To je verovatno najbolji Bitcoin novčanik za iPhone.
• Casa Keymaster (režim sa jednim ključem) – rezervna kopija bez seed-a.

Srednji iznosi (oko 1% neto vrednosti) – Koristite hardverski Bitcoin novčanik

• Ledger
• Trezor
• Coldcard

Velike količine (više od 10% + neto vrednost) – Koristite Multisig Bitcoin novčanik

• Casa Keymaster Multisig —  interfejs koji je jednostavan za korišćenje, možete birati postavke 2 od 3 i 3 od 5. Oni imaju alat za samooporavak, međutim ovo nisam lično koristio, i želeo bih da obavim više istraživanja pre nego što dam pravu preporuku.
• Unchained Capital’s Multisig —  interfejs koji je jednostavan za korišćenje, postavka 2 od 3, može pristupiti finansijskim uslugama zasnovanim na vašem BTC u depozitu.
• Self Hosted Multisig —  korisnici takođe mogu da kreiraju sopstvene multisig postavke. Ovo zahteva mnogo veće tehničko znanje u poređenju sa Unchained i Casa, međutim, ne žrtvujete nikakvu privatnost.

Protip: Rapodelite sredstva koja želite da skladištite dugoročno. Ako imate značajan deo svoje neto vrednosti u Bitcoin-u, u vašem je najboljem interesu da raspodelite svoj ulog. Ovo umanjuje vaš rizik, što smanjuje šanse da budete izbrisani. Na primer, trećinu svog Bitcoin-a čuvajte sa Casa multisig-om, drugu trećinu sa Unchained Capital Vault-om, a preostalu trećinu na hardverskom novčaniku (Cold Card, Ledger ili Trezor).

Da Zaokružimo Priču

Ovo je moj rezime vaših mogućnosti izbora Bitcoin-ovih novčanika i kako odabrati pravi od njih uzimajući u obzir privatne ključeve, načine i stepen zaštite i sigurnosti koji oni pružaju. Ako ste i dalje zastrašeni, bez brige. Preporučujemo da preuzmete kontrolu nad vašim Bitcoin ključevima samo kada budete sigurni u uslugu koja vam se pruža. Ali vas podstičemo da i dalje razmatrate jedinstvenu priliku koju vam pruža Bitcoin: mogućnost da imate apsolutnu kontrolu nad svojim bogatstvom.

Samostalno čuvanje je vremenom sve lakše i lakše. Razmotrite svoju situaciju i odaberite način čuvanja koji najbolje odgovara vama. Ovde sam da vam pomognem, i slobodno mi se obratite sa svim pitanjima koja vas zanimaju.

@ dfa02707:41ca50e3

Contribute 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

• @hexlorn made their first contribution in #1858.
• @umk0m1qk made their first contribution in #1864.

Full Changelog: v0.7.6-alpha...v0.7.7-alpha

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News

• 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.

• 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.

• 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

@ 7f6db517:a4931eda

Nostr is an open communication protocol that can be used to send messages across a distributed set of relays in a censorship resistant and robust way.

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If you missed my nostr introduction post you can find it here. My nostr account can be found here.

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We are nearly at the point that if something interesting is posted on a centralized social platform it will usually be posted by someone to nostr.

We are nearly at the point that if something interesting is posted exclusively to nostr it is cross posted by someone to various centralized social platforms.

We are nearly at the point that you can recommend a cross platform app that users can install and easily onboard without additional guides or resources.

As companies continue to build walls around their centralized platforms nostr posts will be the easiest to cross reference and verify - as companies continue to censor their users nostr is the best censorship resistant alternative - gradually then suddenly nostr will become the standard. 🫡

Current Nostr Stats

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If you found this post helpful support my work with bitcoin.

@ bf47c19e:c3d2573b

Originalni tekst na bitcoin-balkan.com.

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Pregled sadržaja

1. Šta je blockchain?
2. Kako mogu da saznam više o Bitcoin-u?

Ukoliko niste pročitali naš uvodni tekst o Bitcoin-u, i zašto vam je važno da to učinite, onda prvo pročitajte: Šta je Bitcoin i kako on može da nam pomogne?

Bitcoin, sa velikim B na početku, odnosi se na mrežu računara koji održavaju knjigu stanja na akauntima bitcoin digitalne valute, slično kao što banke održavaju knjigu stanja na računima dolara, eura ili neke druge valute. Bitcoin softver, odnosno protokol, takođe omogućava korisnicima da putem interneta pošalju bitcoin-e sa svog akaunta na drugi akaunt, slično PayPal-u ili Venmo-u, ali bez kompanije koja pruža uslugu prenosa. Bitcoin softver je otvorenog koda, tako da svako može da ga pokrene na svom računaru i da se pridružiti mreži.

Najbolji način da se razume kako Bitcoin funkcioniše “iznutra” je da ga zamislimo kao finansijski sistem. Naš trenutni finansijski sistem, koji uglavnom koristi dolare, eure, dinare i druge valute kao „novac“, izgleda otprilike ovako:

Centralne banke i vlade proizvode i distribuiraju novac pozajmljujući ga ljudima, i trošeći ga na oružje, puteve i socijalne programe. Ovaj sistem se naziva sistemom zasnovanom na dugovima, jer svaki put kada banka da zajam, stvara se nova valuta koja ranije nije postojala. Ova valuta ima vrednost jer dug koji ju je stvorio ima vrednost: primalac zajma obećava da će otplatiti svoj dug banci, plus kamate.

Kad god banka odobri kredit, ona stvara novu valutu. Ovo takodje važi i kada podignete hipoteku ili kredit za auto. Takođe se primenjuje i kada Američke Federalne Rezerve kupuju državne obveznice od vlade Sjedinjenih Država. U svakom od ovih slučajeva, banka šalje novonastalu valutu primaocu zajma. Primaoc zajma obećava banci da će u budućnosti vratiti tu valutu, plus kamate. Međutim, ulaz nove valute u sistem znači i da opada vrednost postojeće valute koja je u opticaju. To se dešava kroz proces koji se obično naziva inflacija.

Da bi imali koristi od pogodnih usluga koje nude banke, poput kreditnih kartica i digitalnih transfera novca, normalni ljudi i preduzeća obično novac drže na bankovnim računima. Svaka banka poseduje svoju knjigu sa računima svih svojih klijenata.

Banke su neophodne da bi omogućile digitalna plaćanja koja vršimo svakodnevno, jer su nam potrebne pouzdane strane koje bi proverile da li se sav računovodstveni sistem sabira. U suprotnom, bilo bi lako da neko uradi “copy-paste“ jednog dela digitalnog novca i da ga potroši dva puta, ili da doda par nula na stanje svog računa.

Sada razumemo nekoliko ključnih tačaka o trenutnom sistemu zasnovanom na dugu: banke proizvode novu valutu svaki put kad pozajmljuju novac, a većina ljudi svoj novac čuva u bankama koje im nude pogodnosti.

Bitcoin je malo drugačiji. Hajde da započnemo ovo putovanje sa pitanjem.

Šta ako bi svi posedovali knjigu stanja na računima, baš kao i banka?

Umesto da banke poseduju po jednu knjigu depozita svojih klijenata, šta ako svi poseduju istu knjigu, sa detaljnim opisima svih stanja na računima svih učesnika u ekonomiji? O privatnosti ne morate da brinete ni na trenutak – to ćemo objasniti kasnije.

Hajde da vidimo kako bi transakcija mogla da se izvrši koristeći ovakav bankarski sistem. Recimo da Ana želi da plati Davidu 10 digitalnih „novčića“. Ona tu transakciju zapisuje u e-mail, potpisuje je digitalno kako bi svi bili sigurni da e-mail dolazi od stvarne Ane, i šalje ga svima ostalima. Kada ostali prime taj e-mail, oni ažuriraju svoje knjige, tako što skinu 10 novčića sa Aninog računa i dodaju 10 novčića na Davidov račun.

Zašto bi se neko trudio da evidentira transakciju u svojoj knjizi?

Recimo da će prva osoba koja izvrši sledeće korake dobiti 5 novčića:

1. Proverom da li je prava Ana potpisala transakciju
2. Proverom da li Ana ima dovoljno sredstava na svom računu da plati Davidu 10 novčića
3. Zapisivanje transakcije ukoliko ispunjava uslove 1) i 2)

Primetićete da se ovo mnogo razlikuje od trenutnog monetarnog sistema. U novom sistemu morate da imate novčiće da biste mogli da ih date nekom drugom. Ne postoje banke sa posebnim privilegijama koje mogu da stvore valutu davanjem zajma.

Umesto da dozvoljava samo maloj grupi bankara da prave nove valute, novi sistem omogućava svima da kreiraju novu valutu ako pružaju korisnu uslugu mreži: verifikovanje i evidentiranje transakcija između ljudi. Nazvaćemo ovo nagradom za potvrđivanje.

Kako se svi slože oko pravila sistema? Ona su kodirana u softverskom protokolu otvorenog koda. To znači da svako može besplatno da preuzme pravila sistema sa interneta i da počne da ih koristi za zaradu valute u sistemu. Ako svi koriste isti skup pravila, njihove knjige će se sinhronizovati, jer će prihvatiti i odbiti potpuno iste transakcije.

• Otvoreni kod = svako može da preuzme kod i da ga pročita
• Softverski protokol = skup pravila napisanih u kodu

Kako zaustaviti ljude koji pokušavaju da prevare sistem da bi zaradili “nagradu za potvrdu”?

Recimo da Boris i Marko žele da se obogate – oni bi mogli jedan drugom da plaćaju po jedan novčić u krug, vodeći računa da neko od njih prvi zabeleži transakciju kako bi mogli da zahtevaju nagradu za potvrdu. Pomoću ove šeme oni bi u osnovi mogli da stvore (odštampaju) novu valutu, kad god oni to požele!

Softverski protokol to zaustavlja zahtevajući da osoba koja validira transakciju uradi neki „posao“ sa računarom kako bi je zabeležila. Ovo osigurava da računari moraju da troše energiju za zabeležavanje transakcija, pa bi u tom slučaju varanje sistema bilo veoma skupo. Borisova i Markova šema varanja sistema više nema finansijskog smisla. Da bismo demonstrirali ovaj proces, pogledajmo Filipa i njegov C-Bot računar. Filip je na svoj računar instalirao Bitcoin protokol, koji predstavlja Bitcoin-ov softverski protokol otvorenog koda koji sadrži pravila Bitcoin sistema.

Kako C-Bot Verifikuje Transakcije

Korak 1: Slušanje transakcija

Prvo, C-Bot sluša transakcije (skraćeno “txn”) koje Ana, Boris, Marko i David emituju putem interneta.

Korak 2: Stvara “Heš”

Drugo, C-Bot će prikupiti sledeće delove podataka:

• Sve Bitcoin transakcije koje ljudi šalju
• Tajni broj (objasnićemo kasnije)
• Nonce – neki slučajan broj

C-Bot sve ovo stavlja u heš mašinu. Mašina za heširanje uzima sve ove podatke i proizvodi 256 bitova (bitovi su 1 i 0) koji se jedinstveno uklapaju u te podatke, nazvane ‘heš’. To heširanje je poput otiska prsta podataka. Uvek ćete dobiti isti heš sa istim ulaznim podacima. Mašina za heširanje je takođe jednosmerna: lako je stvoriti heš od nekih podataka, ali ne možete da stavite heš u mašinu i da vratite ulazne podatke.

C-Bot će iznova isprobavati svoju heš mašinu sa drugim nonce-om (slučajnim brojem). Svaki put, on će proveriti da li je mašina proizvela heš za koji Bitcoin softverski protokol kaže da je tačan.

Ovaj proces pronalaženja heša troši puno vremena i energije. Mašina za heširanje je jednosmerna, tako da C-Bot ne može tek tako da stavi ‘tačan’ heš u mašinu i otkrije ulazne podatke. Svaki računar na Bitcoin mreži takođe prolazi kroz ovaj proces pokušavajući da pronađe ‘ispravan’ heš.

Ukoliko bi ovi računari uspeli da pronađu ‘ispravan’ heš bez velikog trošenja energije, mogli bi da prevare sistem. Dva računara bi mogla da prosleđuju transakcije u krug, zarađujući bitcoin-e svaki put kada bi potvrdili transakciju.

Korak 3: Pronalaženje Ispravnog Heša

C-Bot konačno pronalazi heš koji zadovoljava pravila Bitcoin protokola koristeći sve nedavne transakcije. Sada ovaj blok podataka šalje na druge računare. Blok se sastoji od nedavnih transakcija, nonce-a i tajnog broja. Ti drugi računari stavljaju sve ove podatke kroz istu heš mašinu za sebe, da bi proverili da li je heširanje tog C-Bota tačno. S obzirom da znamo da računari ne mogu da varaju u ovoj igri, znamo da je C-Bot morao da izvrši neka izračunavanja sa svojom heš mašinom da bi pronašao ispravan heš.

Heš bloka C-Bota koji je poslat, sada postaje tajni broj koji ulazi u izračunavanje sledećeg bloka. Budući da heš svakog bloka u ‘blockchain-u’ bitcoin-a koristi heš poslednjeg bloka kao ulaz, bila bi potrebna apsurdna količina energije da se prepiše istorija transakcija (lanac blokova, eng. the blockchain)

Budući da se svačija stanja bitcoin-a zasnivaju na transakcijama na i sa njihovih računa, to takođe onemogućava izmenu bilo čijih stanja bitcoin-a.

Čitav ovaj proces poznat je pod nazivom rudarenje bitcoin-a. Svaki računar na mreži pokušava da proba nove podatke kroz heš mašinu, bilione puta u sekundi.

Šta je blockchain?

Blockchain predstavlja istoriju Bitcoin transakcija, koja omogućava bilo kome da utvrdi svoje Bitcoin stanje.

• ‘Block – Blok’ = Grupa Bitcoin transakcija, nonce-a i heša prethodnog bloka
• ‘Chain – Lanac’ = Heš svakog bloka takođe koristi heš prethodnog bloka kao ulaz. Ovo povezuje podatke svakog bloka sa svakim drugim blokom, stvarajući chain – lanac.

Na blockchain-u, prava imena nisu povezana sa bitcoin-ima. Bitcoin-i su povezani samo sa slučajnim nizom brojeva i slova poznatim kao ‘javni ključ’. Ovo korisnike Bitcoin-a i njihova stanja čini poprilično anonimnima za sve koji vode knjigu.

Kada posedujete bitcoin-e, vi imate password za otključavanje vaših bitcoin bankovnih računa. Ovi računi postoje na hiljadama računara širom sveta koji pokreću Bitcoin protokol.

Kako mogu da saznam više o Bitcoin-u?

Ovaj članak vam je dao razumevanje o tome kako funkcioniše Bitcoin protokol i kako se osiguravaju njegova neverovatna svojstva.

Ako želite da saznate više, preporučujem vam ove izvore:

• Šta je Bitcoin i kako on može da nam pomogne?
• Zašto baš Bitcoin?

Ako vam se sviđa moj rad, molim vas da ga podelite sa svojim prijateljima i porodicom. Cilj mi je da svima pružim pogled u ekonomiju i na to kako ona utiče na njihov život.

@ e2c72a5a:bfacb2ee

The $100 million gamble that's turning crypto traders into unlikely heroes. James Wynn just placed his second massive Bitcoin bet after being liquidated days ago, and now claims market makers are deliberately targeting his position. With his liquidation level set at $103,630, Wynn has rallied the crypto community to his defense, receiving donations from 24 users totaling nearly $8,000. This David vs Goliath battle reveals how retail traders are banding together against what they perceive as market manipulation, creating a fascinating power shift in an industry where individual traders rarely had such collective influence. Will the community save Wynn from the "evil

@ b1ddb4d7:471244e7

When Sergei talks about bitcoin, he doesn’t sound like someone chasing profits or followers. He sounds like someone about to build a monastery in the ruins.

While the mainstream world chases headlines and hype, Sergei shows up in local meetups from Sacramento to Cleveland, mentors curious minds, and shares what he knows is true – hoping that, with the right spark, someone will light their own way forward.

We interviewed Sergei to trace his steps: where he started, what keeps him going, and why teaching bitcoin is far more than explaining how to set up a node – it’s about reaching the right minds before the noise consumes them. So we began where most journeys start: at the beginning.

First Steps

• So, where did it all begin for you and what made you stay curious?

I first heard about bitcoin from a friend’s book recommendation, American Kingpin, the book about Silk Road (online drug marketplace). He is still not a true bitcoiner, although I helped him secure private keys with some bitcoin.

I was really busy at the time – focused on my school curriculum, running a 7-bedroom Airbnb, and working for a standardized test prep company. Bitcoin seemed too technical for me to explore, and the pace of my work left no time for it.

After graduating, while pursuing more training, I started playing around with stocks and maximizing my savings. Passive income seemed like the path to early retirement, as per the promise of the FIRE movement (Financial Independence, Retire Early). I mostly followed the mainstream news and my mentor’s advice – he liked preferred stocks at the time.

I had some Coinbase IOUs and remember sending bitcoin within the Coinbase ledger to a couple friends. I also recall the 2018 crash; I actually saw the legendary price spike live but couldn’t benefit because my funds were stuck amidst the frenzy. I withdrew from that investment completely for some time. Thankfully, my mentor advised to keep en eye on bitcoin.

Around late 2019, I started DCA-ing cautiously. Additionally, my friend and I were discussing famous billionaires, and how there was no curriculum for becoming a billionaire. So, I typed “billionaires” into my podcast app, and landed on We Study Billionaires podcast.

That’s where I kept hearing Preston Pysh mention bitcoin, before splitting into his own podcast series, Bitcoin Fundamentals. I didn’t understand most of the terminology of stocks, bonds, etc, yet I kept listening and trying to absorb it thru repetition. Today, I realize all that financial talk was mostly noise.

When people ask me for a technical explanation of fiat, I say: it’s all made up, just like the fiat price of bitcoin! Starting in 2020, during the so-called pandemic, I dove deeper. I religiously read Bitcoin Magazine, scrolled thru Bitcoin Twitter, and joined Simply Bitcoin Telegram group back when DarthCoin was an admin.

DarthCoin was my favorite bitcoiner – experienced, knowledgeable, and unapologetic. Watching him shift from rage to kindness, from passion to despair, gave me a glimpse at what a true educator’s journey would look like.

The struggle isn’t about adoption at scale anymore. It’s about reaching the few who are willing to study, take risks, and stay out of fiat traps. The vast majority won’t follow that example – not yet at least… if I start telling others the requirements for true freedom and prosperity, they would certainly say “Hell no!”

• At what point did you start teaching others, and why?

After college, I helped teach at a standardized test preparation company, and mentored some students one-on-one. I even tried working at a kindergarten briefly, but left quickly; Babysitting is not teaching.

What I discovered is that those who will succeed don’t really need my help – they would succeed with or without me, because they already have the inner drive.

Once you realize your people are perishing for lack of knowledge, the only rational thing to do is help raise their level of knowledge and understanding. That’s the Great Work.

I sometimes imagine myself as a political prisoner. If that were to happen, I’d probably start teaching fellow prisoners, doctors, janitors, even guards. In a way we already live in an open-air prison, So what else is there to do but teach, organize, and conspire to dismantle the Matrix?

Building on Bitcoin

• You hosted some in-person meetups in Sacramento. What did you learn from those?

My first presentation was on MultiSig storage with SeedSigner, and submarine swaps through Boltz.exchange.

I realized quickly that I had overestimated the group’s technical background. Even the meetup organizer, a financial advisor, asked, “How is anyone supposed to follow these steps?” I responded that reading was required… He decided that Unchained is an easier way.

At a crypto meetup, I gave a much simpler talk, outlining how bitcoin will save the world, based on a DarthCoin’s guide. Only one person stuck around to ask questions – a man who seemed a little out there, and did not really seem to get the message beyond the strength of cryptographic security of bitcoin.

Again, I overestimated the audience’s readiness. That forced me to rethink my strategy. People are extremely early and reluctant to study.

• Now in Ohio, you hold sessions via the Orange Pill App. What’s changed?

My new motto is: educate the educators. The corollary is: don’t orange-pill stupid normies (as DarthCoin puts it).

I’ve shifted to small, technical sessions in order to raise a few solid guardians of this esoteric knowledge who really get it and can carry it forward.

The youngest attendee at one of my sessions is a newborn baby – he mostly sleeps, but maybe he still absorbs some of the educational vibes.

• How do local groups like Sactown and Cleveland Bitcoiners influence your work?

Every meetup reflects its local culture. Sacramento and Bay Area Bitcoiners, for example, do camping trips – once we camped through a desert storm, shielding our burgers from sand while others went to shoot guns.

Cleveland Bitcoiners are different. They amass large gatherings. They recently threw a 100k party. They do a bit more community outreach. Some are curious about the esoteric topics such as jurisdiction, spirituality, and healthful living.

I have no permanent allegiance to any state, race, or group. I go where I can teach and learn. I anticipate that in my next phase, I’ll meet Bitcoiners so advanced that I’ll have to give up my fiat job and focus full-time on serious projects where real health and wealth are on the line.

Hopefully, I’ll be ready. I believe the universe always challenges you exactly to your limit – no less, no more.

• What do people struggle with the most when it comes to technical education?

The biggest struggle isn’t technical – it’s a lack of deep curiosity. People ask “how” and “what” – how do I set up a node, what should one do with the lightning channels? But very few ask “why?”

Why does on-chain bitcoin not contribute to the circular economy? Why is it essential to run Lightning? Why did humanity fall into mental enslavement in the first place?

I’d rather teach two-year-olds who constantly ask “why” than adults who ask how to flip a profit. What worries me most is that most two-year-olds will grow up asking state-funded AI bots for answers and live according to its recommendations.

• One Cleveland Bitcoiner shows up at gold bug meetups. How valuable is face-to-face education?

I don’t think the older generation is going to reverse the current human condition. Most of them have been under mind control for too long, and they just don’t have the attention span to study and change their ways.

They’re better off stacking gold and helping fund their grandkids’ education. If I were to focus on a demographic, I’d go for teenagers – high school age – because by college, the indoctrination is usually too strong, and they’re chasing fiat mastery.

As for the gold bug meetup? Perhaps one day I will show up with a ukulele to sing some bitcoin-themed songs. Seniors love such entertainment.

• How do you choose what to focus on in your sessions, especially for different types of learners?

I don’t come in with a rigid agenda. I’ve collected a massive library of resources over the years and never stopped reading. My browser tab and folder count are exploding.

At the meetup, people share questions or topics they’re curious about, then I take that home, do my homework, and bring back a session based on those themes. I give them the key takeaways, plus where to dive deeper.

Most people won’t – or can’t – study the way I do, and I expect attendees to put in the work. I suspect that it’s more important to reach those who want to learn but don’t know how, the so-called nescient (not knowing), rather than the ignorant.

There are way too many ignorant bitcoiners, so my mission is to find those who are curious what’s beyond the facade of fake reality and superficial promises.

That naturally means that fewer people show up, and that’s fine. I’m not here for the crowds; I’m here to educate the educators. One bitcoiner who came decided to branch off into self-custody sessions and that’s awesome. Personally, I’m much more focused on Lightning.

I want to see broader adoption of tools like auth, sign-message, NWC, and LSPs. Next month, I’m going deep into eCash solutions, because let’s face it – most newcomers won’t be able to afford their own UTXO or open a lightning channel; additionally, it has to be fun and easy for them to transact sats, otherwise they won’t do it. Additionally, they’ll need to rely on

@ bf47c19e:c3d2573b

Originalni tekst na bitcoin-balkan.com.

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Pregled sadržaja

1. Koji Bitcoin Novčanici su Dostupni?
2. Šta je Mnemonic Oporavak ili Seed Fraza sa 12 ili 24 Reči?
3. Kako Čuvati Seed Frazu
4. Saveti za Osiguravanje Vaše Seed Fraze
5. Šta će se Desiti sa Vašim Bitcoin-om Nakon što Umrete?
6. Kako Koristite Seed Frazu za Oporavak Vašeg Novčanika?
7. Ako je Vaša Seed Fraza Sigurna, Biće i Vaša Sredstava!

Za one koji tek ulaze u igru sa kriptovalutama, šansa da vaša Bitcoin sredstva ne budu sigurna i zaštićena može biti pomalo zastrašujuća. Srećom, postoji mnogo user-friendly Bitcoin novčanika, i svaki od njih ima izvrsnu funkciju rezervne kopije, koja vam omogućava trenutan povraćaj Bitcoin sredstava, ako vaš uređaj na kome se nalazi novčanik ikada bude zagubljen ili izgubljen. Ova funkcija, poznata kao „seed fraza“, ili seed fraza za oporavak, predstavlja jedinstveni niz reči koje će vaš novčanik generisati, i koje deluju kao password za vaše lične Bitcoin podatke. Ovaj skup reči omogućava trenutni povraćaj vaših bitcoin sredstava.

Iako možete lako zapostaviti svoju seed frazu, misleći da ćete se kasnije pozabaviti sa njom, uvek je najbolje biti proaktivan kada je reč o osiguranju zaštite vaše fraze za oporavak. Fraza za oporavak je vaša rezervna kopija – pa iako vam neće trebati svaki dan, biće kritična u slučaju da vam se novčanik pokvari. Takođe, fraza za oporavak može da omogući svima pristup vašem bitcoin-u, pa je zato veoma važno da se ona čuva na sigurnom.

U ovom članku, prikazaću vam:

1. Spisak glavnih Bitcoin hardware novčanika koje možete koristiti za skladištenje vaših Bitcoin-a.
2. Sveobuhvatan pregled mnogih metoda koje možete koristiti za čuvanje vaše seed fraze
3. Razne prednosti i mane za svaku od njih
4. Saveti koje možete da koristite da biste maksimizirali ukupnu sigurnost svoje seed fraze
5. Kako sigurno čuvati vašu seed frazu
6. Kako proslediti svoj Bitcoin u slučaju vaše smrti

Kada završite sa čitanjem, trebalo bi da ste na dobrom putu da čuvate svoju seed frazu koristeći najsigurnija i najpouzdanija dostupna sredstva, obezbeđujući najveću zaštitu svojih Bitcoin sredstava bez obzira na to šta se sa vama ili vašim digitalnim uređajima dogodi u budućnosti. Za početak ćemo dati brzi pregled hardware novčanika i šta tačno predstavlja fraza za oporavak.

Koji Bitcoin Novčanici su Dostupni?

Ispod ćete pronaći listu od nekoliko najpopularnijih novčanika koji su dostupni danas. Softverski novčanici rade na vašem telefonu ili računaru, dok su hardware novčanici namenski delovi hardvera (poput specijalizovanog fleš diska) koji omogućavaju lak i siguran pristup vašem bitcoin-u uz jaku sigurnost.

Hardware (poput specijalizovanog USB fleš diska) i Software (na vašem telefonu ili računaru)

Svaki od ovih novčanika će vam dati seed frazu, koja se sastoji od 12 ili 24 reči, što će vam omogućiti pristup svim bitcoin adresama povezanim sa vašim novčanikom – a samim tim i svim vašim sredstvima.

Šta je Mnemonic Oporavak ili Seed Fraza sa 12 ili 24 Reči?

Najjednostavnije rečeno, seed fraza je niz određenih reči u kojima se nalaze sve potrebne informacije kako bi se u potpunosti povratila vaša Bitcoin sredstva. Koji god novčanik odlučite da koristite, generisaće jedinstvenu seed frazu, posebno za vas, a taj softver će vas uputiti da čuvate seed frazu na neki način, gde će biti dostupna u slučaju nužde. Seed fraza će biti jedinstvena i obično sadrži od 12 ili 24 reči, od kojih se neke mogu ponoviti. Pre nego što sačuvate seed frazu, pročitajte odeljak 4) sa našim savetima!

Seed fraza omogućava pristup vašim bitcoin sredstvima svima koji je poseduju- omogućavajući vam da povratite sredstava ako vam se novčanik pokvari, ili omogućavajući lopovu da dobije pristup vašim bitcoin-ima.

To čini vašu seed frazu vrednom poput zlatne poluge. Zbog toga je pravilno čuvanje vaše seed fraze veoma važno – morate uravnotežiti lak način oporavka i sigurnost protiv krađe i hakovanja. Međutim, s obzirom da je vaša seed fraza samo niz reči, ona se može snimati i skladištiti na mnogo jednostavniji način (i mnogo jeftinije!) od zlatne poluge – čineći je potencijalno mnogo sigurnijom.

Primarna svrha seed fraze je da ima neku vrstu fizičkog sredstva za povraćaj Bitcoin sredstava ako vas izneveri novčanik. To uključuje ako vam se sruši sistem na računaru, ako vam se ošteti hard disk, izgubite telefon ili razbijete hardware novčanik – u svakom slučaju gde vaš novčanik postane nepristupačan.

Seed fraze zasnivaju se na specifikacijama otvorenog koda kompatibilnim sa Bitcoin protokolom, što znači da dok god imate svoju seed frazu, možete koristiti mnoge druge vrste novčanika da biste povratili pristup svom bitcoin-u. Recimo da danas posedujete Trezor, ali za 10 godina vam se uređaj pokvari ili Trezor prestane da posluje – možete jednostavno kupiti drugačiji hardware novčanik ili skinuti novčanik na svoj telefon, i pomoću svoje seed fraze povratiti pristup svojim bitcoin-ima.

Kako seed fraza funkcioniše?

Seed fraze funkcionišu slično kao i bilo koji drugi oblik koda, pri čemu svaka reč predstavlja numeričku vrednost koju novčanik razume. Fraze se generišu nasumično na osnovu unapred određene baze reči. Iako ponekad imate mogućnost da smislite sopstvenu seed frazu, omogućavanje novčaniku da generiše seed frazu je najbolja opcija za vašu sigurnost.

Jedna od prednosti koja je svojstvena prirodi seed fraza je ta što se u njima koriste stvarne prepoznatljive reči na engleskom jeziku koje se mogu izvesti i upamtiti bez obzira na male greške kao rezultat ružnog rukopisa. Ovo je suprotno od mnogih drugih nasumično generisanih passworda, gde svaki karakter mora biti jasno čitljiv da bi se password mogao pravilno kreirati, jer su oni jednostavno niz slučajnih karaktera. Stoga seed fraze imaju i prednosti randomizacije, kao i prednosti lako prepoznatljivih i uobičajenih reči.

Zašto Niko Ne Može da Predpostavi Seed Frazu?

Mogli biste da pomislite da bi niz od 24 reči možda bio lak nekome da ga pretpostavi, ili da bi nekome bilo isplativo da napravi računarski ciklus mogućih kombinacija, dok ne pronadje novčanik koji sadrži neke bitcoin-e kako bi mogao da ih ukrade.

Reči za frazu za oporavak ili seed frazu dolaze sa liste koja se sastoji od 2048 reči – pa čak i seed od 12 reči za Bitcoin novčanik ima 2048^12 kombinacija ili 2^132. Procenjuje se da u univerzumu postoji 10^21 zvezda, pa je nepotrebno reći da ovo predstavlja mnogo mogućih kombinacija. Čak i kada bi svaki čovek na Zemlji danas imao 1.000.000 novčanika (čak i bez adresa), to bi iznosilo samo 7.800.000.000.000.000 novčanika – što je oko 2^53. Ovo čini negde oko polovine mogućih kombinacija, ali to bi sakrilo snagu eksponencijalnog rasta.

Kada bi svi na svetu imali po 1.000.000 bitcoin novčanika, mi bismo i dalje koristili samo 0.000000000000000000000001654% od svih mogućih novčanika. To je neuporedivo teže nego pronaći jedno određeno zrno peska u celokupnom pesku koji se nalazi na Zemlji.

Čak i taj pronalazak određenog zrna peska na ovoj plaži bila bi kao šetnja parkom nasuprot pogađanju bilo koje random seed fraze.

Dakle, prilično je sigurno reći da niko uskoro neće pokušati da pogadja bitcoin novčanike. Bila bi potrebna vojska računara i veoma dugačak vremenski period da se pronadje samo jedan novčanik sa sredstvima u tom prostranstvu.

Kako Čuvati Seed Frazu

Neverovatno je važno kako zapisujete i skladištite svoju seed frazu, s obzirom na ogromnu količinu moći koju će oni koji je poseduju imati nad vašim Bitcoin sredstvima. Takođe, budući da je poenta seed fraze da bude lako dostupna gde i kada vam zatreba, čuvanje na nekom sigurnom, ali i pristupačnom mestu, je neophodno. Specifična metoda koju koristite za transkripciju vaše seed fraze je takođe važna, bez obzira na to kako se čuva, jer se neke metode transkripcije pokazale mnogo sigurnijim od drugih.

Pogledajte naš odeljak sa savetima, pre nego što zapišete svoju seed frazu!

Preporučujemo vam da fizički sačuvate svoju seed frazu nakon što vam je softver ili hardware novčanik isporuči. Fizičko skladištenje čini vašu seed frazu manje otvorenom za hakere koji bi mogli da vam ukradu frazu za oporavak iz digitalne memorije vašeg računara ili pametnog telefona.. Međutim, mnogi ljudi će i dalje odabrati neki oblik digitalnih sredstava za čuvanje svojih seed fraza, bilo zato što je to dominantno sredstvo ili jednostavno kao dodatni oblik rezervne kopije. Hajde da pogledajmo kako fizička, a tako i digitalna sredstva koja možete koristiti za čuvanje vaše seed fraze, kako se ona koriste, i specifične prednosti i nedostatke svake od njih.

Zapisivanje Vaše Seed fraze – na Papiru ili Digitalno

Zapisivanje Vaše Seed Fraze na Papir

Naravno, najočigledniji metod unošenja vaše digitalne seed fraze u fizički svet je isti onaj metod koji biste obično koristili za unošenje bilo kog drugog oblika pisanja u fizički svet – olovkom i papirom. Jednostavno zapisivanje vaše seed fraze na papir u potpunosti može biti dovoljno da vam pruži sigurnost koju želite. Međutim, postoje neka upozorenja oko upotrebe olovke i papira koja ovu najjednostavniju metodu čine ne baš tako idealnom za čuvanje nečega toliko važnog kao što je seed fraza.

Kao prvo, sam papir je lako uništiv, a o mastilu da i ne govorimo. U slučaju poplave ili požara, papir će biti uništen, što znači da će i vaša seed fraza biti uništena zajedno sa njim. Naravno, ovo su loše vesti i za svakoga ko verovatno gubi i sav svoj hardver i opremu u požaru ili poplavi. Kao drugu stvar, papir je neverovatno lako zagubiti. Može se oduvati, pomešati sa otpadom ili jednostavno pomešati sa nečim drugim i negde izgubiti, i nikada ga više nećete videti. Iz ovih i više drugih razloga, oni koji žele da zapišu svoju seed frazu u fizički svet, često traže sredstva koja su izdržljivija i trajnija od papira.

Graviranje Vaše Seed Fraze na Čeličnoj Back-Up Ploči

Back-up ploče od nerđajućeg čelika su stvorene kako bi korisnici Bitcoin-a imali način da trajnije urežu svoje seed fraze u fizički svet od puke olovke i papira. Napravljene su od nerđajućeg čelika, na koje se vaša seed fraza može trajno urezati. Budući da je gravura napravljena na čeliku, ona će u slučaju požara ili poplave moći da traje mnogo duže od papira. Ploča može biti bilo šta, od male kartice koju možete držati u novčaniku do većeg komada koji se može trajno čuvati kod kuće ili u sefu.

Bilo koju veličinu pločice da izaberete, možete je kupiti zajedno sa alatima za samograviranje (koji nisu uvek u kompletu), što znači da korisnik ne mora da deli svoju seed frazu sa onima od kojih je kupio ploču. Budući da su ove ploče stvorene posebno za potrebe izdržavanja katastrofe, obično sadrže brojne garancije o njihovoj trajnosti, otporne su na bilo koje elemenate koje možete baciti na njih, od vode do vatre, kao i od prekomernog korišćenja i habanja.

Što se tiče back-up ploča od nerđajućeg čelika, svaki proizvođač nudi svoj jedinstveni spin. Pogledajmo 5 najboljih proizvođača back-up ploča od nerđajućeg čelika na tržištu i da vidimo kako su se pokazali:

Cryptosteel

Sa sedištem u Velikoj Britaniji, Cryptosteel nudi čelične „Kapsule“ i „Kasete“ sa cenom u eurima, s tim da je kapsula približno veličine laserskog pokazivača, a kaseta je veličine, pa, kasete. Kapsula košta 74 eura, a kaseta 108 eura, mada se nude popusti za velike narudžbine. Umesto da zahtevaju gravuru, svaka Kaseta ili Kapsula dolazi sa odredjenom količinom čeličnih pločica koje se mogu staviti prema redosledu vaše seed fraze.

Cena Rezervne Kopije Jedne Seed Fraze: 74 eura

CryptoSteel Shop

Blockplate

Blockplate nudi čelične back-up ploče po ceni od 69 USD za dve – svaka ploča sadrži 12 reči. Njihove verzija jedne ploče, koja izgleda identično, košta 49 USD po paru. Potpuno četvrtaste i malo manje od podmetača, ove ploče vam omogućavaju da svoju seed frazu sačuvate na mreži koristeći samo prosti udarac u sredinu, nisu potrebne pločice sa slovima.

Cena Rezervne Kopije Jedne Seed Fraze: $49 (plus metalna igla za 10 $, ako vam treba)

Block Plate Shop

Hodlinox

Coldbit nudi heavy-duty kartice sa futrolama po ceni od 69 eura i setove za graviranje za dodatnih 20 eura. Takođe se možete odlučiti da sami uradite graviranje pomoću alata koji imate kod kuće, a koji može urezati čelik, poput dijamantske Dremel burgije. Oslanjajući se na čistu doslovnu transkripciju sličnu Hodlinox pločama, ove ploče ipak nude malo veću zaštitu i neke sjajne dizajne.

Cena Rezervne Kopije Jedne Seed Fraze: 29 Eura

HodlLinox Shop

Coldbit

Coldbit nudi heavy-duty kartice sa futrolama po ceni od 69 eura i setove za graviranje za dodatnih 20 eura. Takođe se možete odlučiti da sami uradite graviranje pomoću alata koji imate kod kuće, a koji može urezati čelik, poput dijamantske Dremel burgije. Oslanjajući se na čistu doslovnu transkripciju sličnu Hodlinox pločama, ove ploče ipak nude malo veću zaštitu i neke sjajne dizajne.

Cena Rezervne Kopije Jedne Seed Fraze: 69 Eura (plus 20 eura za set za graviranje, ako vam je potreban)

ColdBit Shop

Billfold by Privacy Pros

Preimenovan u Privacy Pros, brend Billfold je i dalje dostupan po ceni od 89 USD. Koristi dizajn kartice vrlo sličan Cryptosteel Kaseti, sa malim pločicama koje slažete da biste formirali svoju seed frazu.

Cena Rezervne Kopije Jedne Seed Fraze: $89

Privacy Pros Shop

Kriptovanje Vaše Seed Fraze i Njeno Digitalno Skladištenje

Iako se generalno preporučuje da svoju seed frazu ne skladištite digitalno, oni koji su bolje upućeni u digitalnu bezbednost, ovo mogu videti kao floskulu koja se može ignorisati. Iako laici sigurno ne bi smeli da šalju i primaju svoje seed fraze e-mailom, pravilno digitalno kriptovanje i skladištenje sredstvima poput cloud-a ili USB fleš memorije mogu biti jednako sigurna i bezbedna sredstva za skladištenje, kao i fizička sredstva, poput čeličnih back-up ploča. Takođe, kada se oba sredstva koriste zajedno, to vam pruža krajnju mrežu rezervnih kopija u slučaju bilo kakvih hitnih slučajeva.

Kriptovanje možda nije nešto što je lako za svakoga, ali postoje mnoge treće strane koji će se pobrinuti da odrade kriptovanje za vas. Obavezno diskonektujte računar sa Interneta dok unosite seed u računar i izvodite kriptovanje – ne verujte online uslugama kriptovanja!

Odatle, na vama ostaje da odlučite kako ćete da je čuvate, bilo na cloud-u ili na USB fleš memoriji. Prednost čuvanja na cloud-u je u tome što podaci nisu povezani ni sa jednim fizičkim uređajem i može im se pristupiti sa bilo kog mesta pomoću passworda na cloud-u. Međutim, to takođe znači da su podaci nešto pristupačniji nego da se čuvaju na USB fleš memoriji. Zapamtite da ako se odlučite za USB fleš memoriju, ona možda neće moći da se izdrži protiv požara i vode, baš kao što to mogu prosti nefizički podaci na cloud-u. Fleš memorija koja se koristi na USB-u takođe nije dizajnirana da traje duže od 10 godina, pa imajte i to na umu.

Digitalno čuvanje seed fraze preporučujem isključivo informatičarima tj ljudima sa dosta iskustva u kriptiranju informacija. Za 99% nas čekič i čelična pločica koju čuvamo na 2 ili 3 mesta + dodatna 13. ili 25. reč je najbolje rešenje.

Gde i Kako Čuvati Svoju Seed Frazu

Bez obzira da li ste odlučili da svoju seed frazu sačuvate na čeličnoj ploči, USB-u ili jednostavno na parčetu papira, moraćete da je stavite negde – a idealno bi bilo da je stavite na više mesta u slučaju da se jedna uništi ili izgubi.

Najbolji savet koji mogu da vam dam je gde ne trebate da čuvate svoju seed frazu. Na kraju, mesto na koje stavite svoju seed frazu najbolje je da sačuvate za sebe, i zato evo nekoliko mesta na koja definitivno ne želite da stavite seed frazu, ako želite da izbegnete da upadne u pogrešne ruke.

Ne Čuvajte Svoju Seed Frazu u…

1. Sef u Banci: Izgleda kao odlično mesto, zar ne? Pogrešno – banke prave greške, a kako sefovi postaju sve manje popularni, one prave još više grešaka!
2. Sef u Kući: Opet se čini kao odlično mesto – međutim, ovo je prvo mesto koje će provalnik potražiti. Čak i ako ne mogu da otvore sef, većinu malih kućnih sefova moguće je lako premestiti i odneti u kolicima, i kasnije ih razbiti.
3. Ispod Kreveta ili Dušeka: Klasično mesto za skrivanje novca, takođe je jedno od prvih mesta koje će provalnik pogledati.
4. U Frižideru: Možda mislite da maskiranje vašeg seed-a u posudi za hranu izgleda kao dobar način zabune, ali ovo je uobičajena taktika za skrivanje dragocenosti, pa bi provalnici mogli potražiti i ovde.
5. Ormarić za Nakit ili Fioke za Veš: To su uobičajena mesta za čuvanje drugih vrsta dragocenosti, pa će ih provalnik brzo pokrasti.

Budite kreativni, ali ne toliko kreativni da izgubite seed frazu, jer ne možete da se setite gde ste je sakrili.

Takođe je važno razmotriti i mogućnost pravljenja rezervnih kopija vašeg seed-a na više lokacija. Na taj način, čak i ako je jedno mesto potpuno uništeno (recimo da vam oluja odnese kuću), i dalje ćete da imate vaš seed na drugoj lokaciji.

Shamir-ovo Tajno Deljenje – Širite Vašu Frazu za Oporavak

Shamir-ovo Tajno Deljenje (eng. Shamir Secret Sharing), je algoritam koji vam omogućava da svoj seed podelite na više seed-ova koji su sami po sebi beskorisni. Međutim, njihovim rekombinovanjem vratićete vaš seed za oporavak.

Ovo je dobar korak ukoliko želite da podelite vaš seed sa vašim advokatom, računovođom, članovima porodice itd. – jer obezbeđuje da niko od njih nema pristup vašem celom seed-u.

Način na koji Shamir deluje je to što deli vaš seed na više manjih seed-ova koje možete predati pouzdanim pojedincima. Kada postavite Shamir-ov backup, odlučujete koliko ‘deljenja’ želite da kreirate i koliko delova je potrebno za oporavak vašeg celog seeda – na primer, možete da napravite 5 deljenja i kažete da su bilo koja 3 dela potrebna za oporavak vašeg seed-a.

Neki hardware novčanici, poput Trezor Model T, podržavaju Shamir Backups na user-friendly način.

Saveti za Osiguravanje Vaše Seed Fraze

Postoji mnogo opštih stvari koje morate imati na umu kada je reč o držanju vaše seed fraze na sigurnom. Neke od ovih stvari su samo zdrav razum, dok većini ljudi možda ništa neće pasti na pamet bez nečije pomoći. Neće sve metode biti praktične za sve čitaoce, ali imajte na umu da što više bezbednosnih metoda vežbate, vaša seed fraza će biti sigurnija. Učinite koliko god možete da vaša seed fraza bude sigurna i ona će vam biti pri ruci kada vam zatreba.

Ne Pravite Slike ili Screenshotove Vaše Seed Fraze

Ne slikanje vaše seed fraze je dovoljno jednostavno. Svaka slika koju napravite stvara dodatnu spoljnu datoteku koja se može duplirati, izgubiti ili ukrasti. Što je manji digitalni otisak vaše seed fraze, to je bolje. Međutim, postoji mnogo različitih načina na koje se mogu ukrasti fotografije vaše seed fraze, što može iznenaditi prosečnog čitaoca. Prvo, hakeri i ostale treće strane mogu da preuzmu sliku vaše seed fraze putem sigurnosnih kamera, poput onih na bankomatima. Takođe, kamere na računaru, telefonu i drugim ličnim uređajima mogu predstavljati još veći rizik. Iz ovih razloga, umanjivanje ukupne vidljivosti i izloženosti vaše seed fraze, i pre i posle dokumentovanja u fizičkom svetu, je apsolutna potreba.

Ne Izgovarajte Svoju Seed Frazu Naglas – Nikad!

Ako ste ikada razgovarali telefonom i Google Assistant vas je prekinuo, onda znate da vas stalno slušaju. Bilo da ste napolju u javnosti ili ste sami kod kuće, treće strane slušaju. Ako su te treće strane zainteresovane, možda će moći da dobiju pristup vašim ličnim podacima. Iz tog razloga, uzdržavanje od izgovaranja naglas vaše seed fraze treba smatrati vitalnim delom zaštite vaše seed fraze. Lakše je špijunirati nekoga preko zvuka, nego što je to slučaj sa vizuelnim elementima, pa izgovaranje naglas vaše seed fraze čini je mnogo podložnijom presretanju od strane onih koji je mogu zloupotrebiti.

Ne Čuvajte Svoju Seed Frazu u Password Menadžeru

Čuvanje vaše seed fraze u password menadžeru može se činiti sigurnim i prikladnim načinom izrade rezervnih kopija, ali to nosi velike rizike. Seed fraza se mnogo razlikuje od password za recimo vaš Facebook nalog. To je zato što su passwordi samo alati za potvrdu identiteta za centralizovane usluge – što znači da ako izgubite pristup računu ili budete hakovani, možete kontaktirati broj podrške i proći kroz neke korake da biste povratili kontrolu nad svojim nalogom.

Kod Bitcoin-a, prema njegovom dizajnu, ne postoji broj podrške. Ne postoji centralna stranka koja kontroliše Bitcoin transakcije, čineći ga neverovatno slobodnim i otvorenim – ali to takođe znači da morate vrlo ozbiljno da preuzmete odgovornost za svoju seed frazu. Ako padne u pogrešne ruke jer je vaš password menadžer hakovan, možete izgubiti svoje bitcoin-e.

Ne Koristite Online Usluge Oporavka Seed-a

Ako vam neki website traži da unesete svoju seed frazu – čak i ako vam se čini kao pouzdan – dobro razmislite pre nego što to učinite. Većina „usluga online oporavka“ su maskirane prevare, usresredjene samo na kradju seed fraza nevinih ljudi! Ne budi jedan od njih.

Koristite Pristupnu Frazu(dodatnu reč) da Biste Dodali još Sigurnosti

Trezor podešavanje pristupne fraze | Ledger podešavanje pristupne fraze

Ako vaš novčanik podržava dodavanje pristupne fraze, trebalo bi da je koristite. Pristupna fraza je password koji dodate svom seed-u i funkcioniše kao 13. ili 25. reč u vašoj seed frazi. Zbog toga je vaš novčanik mnogo teže ukrasti. Ako se pristupna fraza čuva na drugačijoj lokaciji od vašeg seed-a, vaši bitcoin-i su sigurni čak i ako neko dobije pristup vašoj seed frazi.

Zaštitite Svoju Seed Frazu

Bez obzira da li svoju seed frazu čuvate u digitalnom oblaku ili na čeličnoj ploči, postojanje nekog načina čuvanja koji štiti seed frazu od elemenata kao što su požar i poplava, mora se smatrati obaveznim. Kao što je već rečeno, čelične ploče mogu se napraviti da izdrže većinu katastrofa, a skladištenje na cloud-u pruža nefizička sredstva koja mogu biti jednako sigurna kao i druga sredstva ako koristite pravu enkripciju. Upotreba jednog ili oba ova sredstva može vam pomoći da vam garantuje maksimalnu zaštitu bez obzira na to šta se dogodi.

Koristite Više Metoda za Pravljenje Rezervnih Kopija Kad God Možete

Korišćenje nekoliko različitih metoda za čuvanje vaše seed fraze ima puno prednosti, ali ima i neke nedostatke ako im ne pristupite sa dovoljno pažnje. Iako vam više načina za skladištenje pruža veću zaštitu, to takođe proširuje vaš celokupni profil, što znači da postoji više područja koja su otvorena za napad. Ipak, korišćenje najmanje dve odvojene metode za pravljenje rezervnih kopija obično se smatra dobrom idejom, jer imate rezervne kopije za slučaj da vam se nešto desi! Nikad ne znate šta će se dogoditi, a u tome i jeste poenta seed fraza.

Ograničite Pristup Vašoj Seed Frazi što je Više Moguće

Naravno, neki ljudi mogu da se odluče da svoju seed frazu podele sa pouzdanom trećom stranom, kao sredstvo radi osiguranja njene zaštite, ali, generalno, što je manji broj ljudi sa kojima delite svoju seed frazu, time bolje. Vaša je lična odluka s kim ćete deliti svoju seed frazu, i u vašem je najboljem interesu da to pravo mudro koristite.

Ne Pričajte o Količini Bitcoin-a Koje Posedujete

Nekima je ovo možda najteži savet, ali možda i najvažniji. Ako niko ne zna da imate bitcoin, i koliko ga imate, smanjujete verovatnoću da će neko pokušati da dodje do vaše seed fraze ili novčanika. Zato držite jezik za zubima!

Šta će se Desiti sa Vašim Bitcoin-om Nakon što Umrete?

Kao i sa bilo kojim drugim sredstvom, trebalo bi da imate predstavu o tome kako će se postupati sa vašim Bitcoin-om nakon što umrete. S obzirom da je ovo relativno nova tema, nema puno presedana kada je reč o prenošenju i nasleđivanju Bitcoin-a. Iako mnogi mogu da pomisle da moraju da angažuju advokata, prenošenje Bitcoin-a zaista podrazumeva samo puko prenošenje vaše seed fraze, zajedno sa nekim vašim konkretnim srestvima.

Prilikom pripreme za prosleđivanje vaše seed fraze u slučaju vaše smrti, važno je zapamtiti da prosledite i detaljan zapis o svojoj digitalnoj imovini. Za razliku od fizičkih materijala, digitalna sredstva se ne mogu lako kvantifikovati fizičkom procenom. Ukoliko nije svesna da postoji, ta osoba možda neće znati šta tačno prima. Stoga, ona možda neće zaista primiti ono što ste joj namenili da nasledi. To je takođe razlog zašto bi svi trebali da drže svu svoju imovinu sažetom i što organizovanijom, u slučaju nužde.

Ako razumete engleski jezik preporučujem da pročitate knjigu: Cryptoasset Inheritance Planning od Pamela Morgan

Kako Koristite Seed Frazu za Oporavak Vašeg Novčanika?

Za većinu novčanika, upotreba seed fraze jednostavna je poput pritiskanja pravih tipki i kucanja iste. Odatle, seed fraza će vratiti sav sadržaj i podatke novčanika na bilo koji uređaj koji koristite. Na ovaj način, korišćenje seed fraze znači da možete imati novčanik kod sebe gde god da krenete, bez obzira na sve, čak i ako se novčanik izgubi ili uništi – sve što vam zaista treba je vaša seed fraza.

Opet, ne koristite nikakve online usluge za seed frazu! U najvećem broju slučajeva to su prevare.

Bez obzira da li koristite mobilni novčanik kao što je Muun ili hardware novčanik kao što su Trezor ili Ledger, sredstva za upotrebu vaše seed fraze su u osnovi ista – jedina razlika je hardver koji koristite za to. Kod aplikacija poput Muun jednostavno pokrenete aplikaciju i ona vam daje mogućnost oporavka prethodnog novčanika. Zatim ćete odabrati dužinu svoje seed fraze i uneti je tačno onako kako je prikazana.

Uz hardware novčanike poput onih koje je izradio Trezor, dobićete istu opciju za povratak kada pokrenete uređaj i instalirate firmware. Dobićete isti izbor da odredite dužinu svoje seed fraze, a zatim će zatražiti od vas da je unesete potpuno isto.

Ako je moguče uvjek koristite isti hardware/software wallet prilikom oporavka vaše seed fraze kao što ste koristili kad ste je pravili.

Ako je Vaša Seed Fraza Sigurna, Biće i Vaša Sredstava!

Na kraju dana, važno je da zapamtite da što više brige ulažete u pravilno skladištenje i zaštitu svoje seed fraze, to će vaša sredstva biti sigurnija i za vas i za vaše voljene. Digitalno doba predstavlja širok spektar novih opasnosti, a svet kriptovaluta je leglo za većinu njih.

Ako želite da preduzmete proaktivne mere u obezbeđivanju najveće zaštite vašeg bitcoin-a, čuvanje vaše seed fraze na sigurnom i pristupačnom mestu je neophodno. Vaša seed fraza možda sada ne izgleda kao velika stvar, ali će izgledati kao velika stvar kada dođe vreme da je upotrebite. Ukoliko želite da vi i vaša Bitcoin sredstva budete zaštićeni u slučaju nužde ili čak u slučaju vaše smrti, preduzimanje odgovarajućih sredstava za čuvanje i zaštitu vaše seed fraze je osnovni prvi korak.

@ dfa02707:41ca50e3

Contribute 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

@ b1ddb4d7:471244e7

“Not your keys, not your coins” isn’t a slogan—it’s a survival mantra in the age of digital sovereignty.

The seismic collapses of Mt. Gox (2014) and FTX (2022) weren’t anomalies; they were wake-up calls. When $8.7 billion in customer funds vanished with FTX, it exposed the fatal flaw of third-party custody: your bitcoin is only as secure as your custodian’s weakest link.

Yet today, As of early 2025, analysts estimate that between 2.3 million and 3.7 million Bitcoins are permanently lost, representing approximately 11–18% of bitcoin’s fixed maximum supply of 21 million coins, with some reports suggesting losses as high as 4 million BTC. This paradox reveals a critical truth: self-custody isn’t just preferable—it’s essential—but it must be done right.

The Custody Spectrum

Custodial Wallets (The Illusion of Control)

• Rehypothecation Risk: Most platforms lend your bitcoin for yield generation. When Celsius collapsed, users discovered their “held” bitcoin was loaned out in risky strategies.
• Account Freezes: Regulatory actions can lock withdrawals overnight. In 2023, Binance suspended dollar withdrawals for U.S. users citing “partner bank issues,” trapping funds for weeks.
• Data Vulnerability: KYC requirements create honeypots for hackers. The 2024 Ledger breach exposed 270,000 users’ personal data despite hardware security.

True Self-Custody
Self-custody means exclusively controlling your private keys—the cryptographic strings that prove bitcoin ownership. Unlike banks or exchanges, self-custody eliminates:

• Counterparty risk (no FTX-style implosions)
• Censorship (no blocked transactions)
• Inflationary theft (no fractional reserve lending)

Conquering the Three Great Fears of Self-Custody

Fear 1: “I’ll Lose Everything If I Make a Mistake”

Reality: Human error is manageable with robust systems:

• Test Transactions: Always send a micro-amount (0.00001 BTC) before large transfers. Verify receipt AND ability to send back.
• Multi-Backup Protocol: Store seed phrases on fireproof/waterproof steel plates (not paper!). Distribute copies geographically—one in a home safe, another with trusted family 100+ miles away.
• SLIP39 Sharding: Split your seed into fragments requiring 3-of-5 shards to reconstruct. No single point of failure.

Fear 2: “Hackers Will Steal My Keys”

Reality: Offline storage defeats remote attacks:

• Hardware Wallets: Devices like Bitkey or Ledger keep keys in “cold storage”—isolated from internet-connected devices. Transactions require physical confirmation.
• Multisig Vaults: Bitvault’s multi-sig system requires attackers compromise multiple locations/devices simultaneously. Even losing two keys won’t forfeit funds.
• Air-Gapped Verification: Use dedicated offline devices for wallet setup. Never type seeds on internet-connected machines.

Fear 3: “My Family Can’t Access It If I Die”

Reality: Inheritance is solvable:

• Dead Man Switches: Bitwarden’s emergency access allows trusted contacts to retrieve encrypted keys after a pre-set waiting period (e.g., 30 days).
• Inheritance Protocols: Bitkey’s inheritance solution shares decryption keys via designated beneficiaries’ emails. Requires multiple approvals to prevent abuse.
• Public Key Registries: Share wallet XPUBs (not private keys!) with heirs. They can monitor balances but not spend, ensuring transparency without risk.

The Freedom Dividend

1. Censorship Resistance: Send $10M BTC to a Wikileaks wallet without Visa/Mastercard blocking it.
2. Privacy Preservation: Avoid KYC surveillance—non-custodial wallets like Flash require zero ID verification.
3. Protocol Access: Participate in bitcoin-native innovations (Lightning Network, DLCs) only possible with self-custodied keys.
4. Black Swan Immunity: When Cyprus-style bank bailins happen, your bitcoin remains untouched in your vault.

The Sovereign’s Checklist

1. Withdraw from Exchanges: Move all BTC > $1,000 to self-custody immediately.
2. Buy Hardware Wallet: Purchase DIRECTLY from manufacturer (no Amazon!) to avoid supply-chain tampering.
3. Generate Seed OFFLINE: Use air-gapped device, write phrase on steel—never digitally.
4. Test Recovery: Delete wallet, restore from seed before funding.
5. Implement Multisig: For > $75k, use Bitvault for 2-of-3 multi-sig setup.
6. Create Inheritance Plan: Share XPUBs/SLIP39 shards with heirs + legal documents.

“Self-custody isn’t about avoiding risk—it’s about transferring risk from opaque institutions to transparent, controllable systems you design.”

The Inevitable Evolution: Custody Without Compromise

Emerging solutions are erasing old tradeoffs:

• MPC Wallets: Services like Xapo Bank shatter keys into encrypted fragments distributed globally. No single device holds full keys, defeating physical theft.
• Social Recovery: Ethically designed networks (e.g., Bitkey) let trusted contacts restore access without custodial control.
• Biometric Assurance: Fingerprint reset protocols prevent lockouts from physical injuries.

Lost keys = lost bitcoin. But consider the alternative: entrusting your life savings to entities with proven 8% annual failure rates among exchanges. Self-custody shifts responsibility from hoping institutions won’t fail to knowing your system can’t fail without your consent.

Take action today: Move one coin. Test one recovery. Share one xpub. The path to unchained wealth begins with a single satoshi under your control.