@ d360efec:14907b5f

@ 5ea46480:450da5bd

Neutrality can be a confusing notion. It implies some sort of a-political position, yet neutrality is in itself a political position. But what it means, or how neutrality expresses itself is in a lack of bias or preference; it is the act of non-decision where we see neutrality. As a result, some conflation can occur, because this ‘non-decision’ can be the result of two things: Either being in the position to decide, but choosing not to, what we can perhaps call ‘active neutrality’. Or, the sheer inability to express and actuate preference, where we could call that ‘passive neutrality’.

The Internet Corporation for Assigned Names and Numbers, aka ICANN, is an actively (for the most part) neutral institution. It has all the power and control to express its preferences, and censor basically all the relevant and most actively used parts of the world wide web. But it doesn’t (for the most part), because we recognize the value of this neutral stance. The only reason they are actively instead of passively neutral, is due to technical reasons; we simply don’t know of any workable way to remove the controlling body from the system, and we would if we could. Instead we encapsulated it in all kinds of power obscuring institutions and structures to mitigate the issue.

The reason the controlling body has to exist, is because the objective is a ‘global state’ (global as it is understood in programming, meaning as much as ‘overarching’). The point is that google.com, means/refers to the same thing wherever you are. The added value of some simple human readable and memorable address ‘google.com’ falls apart the moment it becomes inconsistent. The only way to ensure this, is to put a single entity in charge. We employ these ‘global states’ in all kinds of places in society, often with geographical boundaries we call ‘jurisdictions’, but at the very least you know where those lines are drawn and can therefor know what to expect.

There is one exception to this ‘rule’ that ‘global state’ requires a single entity to be in charge: Bitcoin. It is the whole crux of the system; on the one hand we require ‘global state’ in order to have consistent accounting, but on the other hand we did not want anyone to be in charge. The goal of Bitcoin was neutrality, and it found it by capturing ‘passive’ variant by making the system ‘permissionless’. Now it is crucial to understand that non of Bitcoins attributes are intrinsic, but instead are emergent and the result of human action. Also, Bitcoins ‘global state’ is stupendously expensive and does not scale. The fact that those things were not properly understood is what lead to the BlOcKcHaIn hype, believing this passively neutral global state could be implemented outside the realms of money. But this piece is not about Bitcoin, or blockchains for that matter.

The reason I talk about them, is to point out that this passive neutrality is an emergent property not actually found within the system at all. You as user still rely on a third party in what we call miners, and those miners are free to be as biased and non-neutral as they want; in fact we sort of rely on them to be biased towards money. You don’t get your transaction confirmed because a miner likes you, but because you sufficiently bribed him to do so. And Bitcoin’s censorship resistance relies on the hope that such bribes will at least appeal to some miner out there. Bitcoin’s neutrality is the result of there ultimately not being any one particular actor with the ability actuate its preference over time, regardless of the fact that they are able to do so in moments of time.

Nostr does something similar, just without the whole global state thing. It is not neutral because of the good graces of some overlord, it actually recognizes the foolishness of such an effort and lets anyone be as biased an non-neutral as they want, with one simple exception. The only expectation of neutrality is with clients that they adhere to the protocol and actually let users connect to whatever relay they want and produce events that other clients are capable of interpreting, i.e. that they be interoperable. But hopefully because the system is permissionless, some people decide to make such clients, and users decide to use them, instead of willfully locking themselves up. It has to be remarked that humanity does not have the greatest track-record in this regard, but the incentives behind interoperability gives us a fighting chance at least.

Nostr’s neutrality is an emergent property that is the result of human action; it relies on people setting up relays, and people making decisions on what relays they use. The type of neutrality is of the passive kind. The protocol does not provide a public space as such, it just allows you to navigate a potentially vast amount of private spaces; the commons is the connective tissue, and it is this connective tissue that is ‘neutral’. What it boils down to, is that you don’t have to ask permission to ask whomever you want to ask for permission. And in the most desperate moment, you can always resort to asking yourself for permission; I am sure you will comply with such a request.

@ 5ea46480:450da5bd

Understanding or grasping Nostr can be deceptively difficult. At the very least it is non-trivial. At first glance, looking at NIP-01, the protocol is rather straight forward. But those are just the basics; yes the beauty of Nostr is its ‘simplicity’, but that does not mean the system that results from it is not complex. Conway's Game of Life only has a hand full of rules, yet you can, in theory at least, create any complex system imaginable. And this is where the deception lies; the less you define from the outset, the more you imply on what follows.

It appears that as it stands, Nostr suffers from this deceptiveness. You can reason through all these implications, but that is still an exercise that has to be performed and where mistakes can be made. Worse, this exercise has been a group effort from the start that is still in progress. Currently there is no clear cut ‘authoritative’ example of all the implications that have been ‘discovered’ thus far.

A good example of the implications following Nostr’s primitives is what we now refer to as the ‘outbox model’. The reason we ‘now’ refer to it as such, is because initially it was called the ‘Gossip model’ derived from the client that first implemented the idea. Outbox is fundamental to Nostr, but it was never explicitly stated in the initial protocol description. The result is that roughly five years into this Nostr endeavor, it is still not universally implemented; worse yet, some developers appear to be in no rush to do so. Now the reason they will give you is probably one based on priority, yet I can’t shake the feeling that they apparently don’t ‘get it’.

My point here is not to play some blame game or hold anyone to account. I am just concluding they don’t actually get the new paradigm that we have all stumbled into. To expand on this specific outbox example, its significance only becomes really apparent further along in the ‘reasoning through all the implications’ exercise. In relation to one aspect, but there are more: The point is not ‘just’ censorship-resistance for users, but the freedom for relays that comes with it to apply whatever policy on what they store and make available; it is this discrimination or curation that can add value by making finding relevant information easier in a straightforward manner. But it relies on outbox to avoid isolation; something that only becomes apparent once you are reasoning through all the implications on how we discover and consume content.

To be clear, this piece is not supposed to a crusade on the outbox model, my point here is that there is an inherent logic to Nostr stemming from putting cryptography front and center. It is a logic that has to be applied and will subsequently carry you through all the challenges we face in reconstructing the entirety of the web. This is not to say there is only one obvious path, and different schools of thought are bound to emerge. But it behooves us all, faced with this new paradigm, to continuously reflect on the mental image we have cultivated of what Nostr is; actively re-performing that exercise of exploring the implications this simple set of protocol rules creates.

Unfortunately I can not escape my own folly. After all, I am just an armchair asshole that never wrote a single line of code in his life. Obviously this minds-eye bullshit is not even half the story, the bulk of the effort is translating it into software, the tangible, the real. It is in that effort ultimately the real exploration of this paradigm occurs. All I can do is build castles in the sky.

@ 5d4b6c8d:8a1c1ee3

The NBA and NHL playoffs are nearing the end. How have they gone so far? What do we think of the Finals matchups? And, will Canada finally end its embarrassingly long Stanley Cup drought?

In baseball news, Tarik Skubal pitches a "Maddux". I haven't looked up what that means, but I hope someday a "Skubal" becomes a pitching term, because it sounds cool.

ESPN has power rankings for the NFL. I'm guessing @grayruby feels that his 49ers were slighted.

Of course we also have many ~Stacker_Sports contests to update and whatever else the stackers want to talk about (maybe "mebounds").

https://stacker.news/items/992599

@ cefb08d1:f419beff

https://stacker.news/items/992557

@ 5ea46480:450da5bd

Decentralization refers to control/power, and relates to censorship resistance. That is it, it is not more complicated then that. Resilience is a function of redundancy; a centralized censored system can have a redundant set-up and therefor be resilient.

Take Bitcoin; the blockchain is a central database, it is resilient because it has many redundant copies among a lot of different nodes. The message (txs and blocks) propagation is decentralized due to existence of a p2p network among these nodes, making the data distribution censorship resistant (hello op_return debate). But onchain transactions themselves are NOT p2p, they require a middlemen (a miner) because it is a central database, as opposed to something like lightning which is p2p. Peer to Peer says something about relative architectural hierarchical position/relation. P2P provides censorship resistance because it entails equal power relations, provided becoming a peer is permissionless. What makes onchain transactions censorship resistant is that mining is permissionless, and involves this open power struggle/game where competition results in a power distribution among players, meaning (hopefully) decentralization. The fact users rely on these middlemen is mitigated by this decentralization on the one hand, and temper-proofing via cryptographic signatures on the other, resulting in what we call trustlessness (or trust minimization for the autists in the room); we only rely on a miner to perform a job (including your tx into a block), but we don’t trust the miner to perform the job correctly, this we can verify ourselves.

This leads us to Nostr, because that last part is exactly what Nostr does as well. It uses cryptography to get tamper-proof messaging, which then allows you to use middle-men in a trust minimized way. The result is decentralization because in general terms, any middle man is as good as any other (same as with miners), and becoming such a middleman is permissionless(somewhat, mostly); which in turn leads to censorship resistance. It also allows for resilience because you are free to make things as redundant as you'd like.

Ergo, the crux is putting the cryptography central, making it the starting point of the system; decentralization then becomes an option due to trust minimization. The difference between Bitcoin an Nostr, is that Bitcoin maintains a global state/central ledger and needs this PoW/Nakamoto consensus fanfare; Nostr rests itself with local perspectives on 'the network'.

The problem with the Fediverse, is that it does not provide trust minimization in relation to the middlemen. Sure, there are a lot different servers, but you rely on a particular one (and the idea you could switch never really seemed to have materialized in a meaningful way). It also fails in permisionlessness because you rely on the association between servers, i.e. federation, to have meaningful access to the rest of the network. In other words, it is more a requirement of association than freedom of association; you have the freedom to be excommunicated.

The problem with ATproto is that is basically does not solve this dynamic; it only complicates it by pulling apart the components; identity and data, distribution and perspective are now separated, and supposedly you don’t rely on any particular one of these sub-component providers in the stack; but you do rely on all these different sub-component providers in the stack to play nice with each other. And this ‘playing nice’ is just the same old ‘requirement of association’ and ‘freedom of excommunication’ that looms at the horizon.

Yes, splitting up the responsibilities of identity, hosting and indexing is what is required to safe us from the platform hellscape which at this stage takes care of all three. But as it turns out, it was not a matter cutting those up into various (on paper) interchangeable middlemen. All that is required is putting cryptographic keys in the hands of the user; the tamperproofing takes care of the rest, simply by trust minimizing the middlemen we use. All the sudden it does not matter which middlemen we use, and no one is required to play nice; we lost the requirement of association, and gained freedom of association, which was the purpose of censorship resistance and therefor decentralization, to begin with.

@ 84b0c46a:417782f5

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こていたんさんのアイコン

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5/26 nostr:nevent1qvzqqqqqqypzpq4np5cygstsu65vsx0ggphrv23kj4z553sh39xwyur08pqvdsqrqyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3vamnwvaz7tmnv4shycmg9ehx7ueww3hkgcteqqspk6e9e9wph23lt7xumuuu90rayzcswp3gz96c3w25raq9r9agw5cnfgve5

nostr:nevent1qvzqqqqqqypzpp9sc34tdxdvxh4jeg5xgu9ctcypmvsg0n00vwfjydkrjaqh0qh4qyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3vamnwvaz7tmnv4shycmg9ehx7ueww3hkgcteqqsfnspcp9yqu989mnnpwj9tphrrj05268vjkwwmx7jcus4mn7erqngl94f9y

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nostr:nevent1qvzqqqqqqypzpvly86xv0ekl7gar8kfp8glfztvftvwrusjsys8qexwmal3sdz6lqyxhwumn8ghj77tpvf6jumt9qys8wumn8ghj7un9d3shjtt2wqhxummnw3ezuamfwfjkgmn9wshx5uqpr4mhxue69uhhyetvv9ujumn0wd68ytnhd9ex2erwv46zu6nsqyghwumn8ghj7mnxwfjkccte9eshquqpzdmhxue69uhhwmm59ehx7um5wghxuet5qqs0x6pgm96r70y8836l0d5ajj6nrlq6p5fz06wdu26fkpg3gznctscf5ggxn

5/27 nostr:nevent1qvzqqqqqqypzqxlwemj4760tc2ysgqmqdu5tt68th2er6gn8xrsjkjlhvtff6gtzqyt8wumn8ghj7um9v9exx6pwdehhxtn5dajxz7gpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqpqlq0lp52xg7uv4wwzuqy9yhtmcpy5v8ad8v7ft9xcwkdncd97h66q0wmawu

nostr:nevent1qvzqqqqqqypzpq4np5cygstsu65vsx0ggphrv23kj4z553sh39xwyur08pqvdsqrqyt8wumn8ghj7um9v9exx6pwdehhxtn5dajxz7gpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqpqpt2wncdxkptxyhj025vd53vjpxz3hjs452px7y8g6gzsxmnfw2fsp2rv0k

KAZもさん nostr:nevent1qvzqqqqqqypzpvly86xv0ekl7gar8kfp8glfztvftvwrusjsys8qexwmal3sdz6lqywhwumn8ghj7mn0wd68ytnrdakhq6tvv5kk2unjdaezumn9wsq3wamnwvaz7tmwdaehgu3wd968gctwd4hjumt9dcqs6amnwvaz7tmev9382tndv5qjqamnwvaz7tmjv4kxz7fddfczumn0wd68ytnhd9ex2erwv46zu6nsqywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3zamnwvaz7tmwveex2mrp0yhxzursqyfhwumn8ghj7am0wshxummnw3ezumn9wsqzpk3nll8rr3sj6adsrfrlgjpj4cyn2sg9rmlz9m2djwk5zp2ku80czfr460

5/28 kaijiさん nostr:nevent1qvzqqqqqqypzpvly86xv0ekl7gar8kfp8glfztvftvwrusjsys8qexwmal3sdz6lqyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7mn0wd68ytnrdakhq6tvv5kk2unjdaezumn9wsqjqamnwvaz7tmjv4kxz7fddfczumn0wd68ytnhd9ex2erwv46zu6nsqywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3zamnwvaz7tmwveex2mrp0yhxzursqythwumn8ghj7mn0wd68ytnfw36xzmndduhx6etwqyfhwumn8ghj7am0wshxummnw3ezumn9wsqzpt7w33qv7tlywj0wphremkdft6dpnv3z8mvw0t2pdxcgvlzw6sathjmz0v

マルフォイ nostr:nevent1qvzqqqqqqypzpvly86xv0ekl7gar8kfp8glfztvftvwrusjsys8qexwmal3sdz6lqyw8wumn8ghj7umjw3ex2mrp0yhxxttnw3jkcmrpwghxuet5qyxhwumn8ghj77tpvf6jumt9qys8wumn8ghj7un9d3shjtt2wqhxummnw3ezuamfwfjkgmn9wshx5uqpr4mhxue69uhhyetvv9ujumn0wd68ytnhd9ex2erwv46zu6nsqyghwumn8ghj7mnxwfjkccte9eshquqpzdmhxue69uhhwmm59ehx7um5wghxuet5qqs8r0frcfwqkgpefhd0knjurekna8ztnq69432f3k00wccd0vcrl5c6qr3gh

5/29 nostr:nevent1qvzqqqqqqypzqrec47eremps2u8wvnu6f2sfjg5njhkrxuw9l6r8uzwfzy2gqq2aqyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3vamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmnyqqsp2c6xh22lfj2ccy95lqu584hfpfz0ds7w2llnf4sv2qs445yqcgqmgwq57

nostr:nevent1qvzqqqqqqypzphu0pfjqc0lap83f8xv6e73en5zhfjzsrlx6hnk22pewugzhmpa9qyt8wumn8ghj7um9v9exx6pwdehhxtn5dajxz7gpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqpqt43r3wtjkr5ezxay6dh7jq94nelduvsk07w5ufxrver5f6jfggksakz9e8

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nostr:nevent1qvzqqqqqqypzpk28l9nyyf4av8f8j8jhh8k60mt2sc643ux2td3n547kvk4lrsglqyt8wumn8ghj7um9v9exx6pwdehhxtn5dajxz7gpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqpq6gv8avhe93ypvypd66rmn34760s3sldj3x2cz5w4yu2xy9z8tt2qadd7kl

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@ ce2820ce:8cf20d40

If you insist that my worldview join your pessimistic outlook on life, and you argue with me with a vengeance until I sympathize with your miserable failing hopeless vision of the future...than fight me!

Go ahead, give me all your reasons why I should fear:::Climate Change. Political Injustice. Too much screen time. The Dangers of social media. Fentanyl in my Cheerios. Glyphosate in my weed. Plastic in my brain. Estrogen in my receipt paper.

And the list goes on:::Nuclear War. The Ominous Second Coming of Hitler. The Genocide of Gaza. The Anti-semitism. The Ultra-Rich After my Red Meat.

And while I'm at it, how about the thousands of other “micro-negativities” that are casually beaten into our psyche all day. Pleasure and punishment in the same sadistic act. Warning labels and threats of death on everything from clothing to candy wrappers.

Don't get me wrong. I understand all the reasons why the alarm bells are going off. I'm most definitely thinking about the healthiest possible long term future for my kids, and for many generations to come.

We are not done here, is what I have to say to that. And if you narcissitic, self-loathing, pathologically empathetic descendants of hippies think that this is the last generation to ever walk the Earth, than all I ask is; Go Kill Yourselves Now, and spare us all the trouble of your self-perpetuated miseries.

If you have no mind for the future, and you don't plan on having children, than you better well keep your traps shut and go enjoy the fuck out of this glorious age of excess that we are currently abiding in, until its gone. Because what do you care if it is? You're not leaving any future generations to the dystopia, so what do you have to feel guilty about?

If you do have a mind for the future, and you have or would like to have children of your own, then my heartfelt response to you is that you should do your utmost to focus on the solutions, the bright spots, the gratitudes of life and the progress that humans have made and that we will continue to make. There is no stopping now.

There are no doubt terrifying problems and apocalyptic potentials for Planet Earth in the coming centuries, but this pattern of preaching fear HAS GOT TO STOP. All we are doing is entertaining negativity; giving far too much credit to the forces of destruction and to the demons of our own dissatisfactions.

Too many generations are now embracing a culture of hopelessness. We've pounded their heads full of horrible news for their future – climate change, diseases, technology woes – and we continue to do so on a daily basis. We pontificate about skyrocketing mental health and suicide rates among teens, but all we do is point fingers and shout platitudes at those to whom we offload the responsibility of our kids to.

So do the future a favor, and start thinking about one that you might actually enjoy living in. If you're already having that problem – the one about enjoying things – than figure out what the fuck it is that is keeping you from envisioning a positive future. What went wrong in your own life that made you so depressed and unhappy? Misery loves company, we all know that, and it seems that the only way to relate to my peers these days is through a semi-informed rant about the stresses and horrors of the modern world.

The problem is, we don't stick to our guns when it comes to those convictions. We complain about social media, but we still use it everyday. We put AI on blast and expound its humanity ending potentials, while we ask it questions about our astrology and our skin conditions.

So if you are going to spread the murder pron, and fill your stories up with the perpetual shock and fear, in-between selfies of you enjoying your luxurious life, than you are living a duplicitous and dangerous path.

You feel guilty for your privileged life, and the way you assuage that is by expounding your concern for the ills and unfairness of the outside world, and by pretending to “put in the work” to “heal our wounds” or destroy the patriarchy by smearing your big ass across my Instagram feeds. Here, let me help you.

Your Suffering isn't Saving Anybody. It's only pulling a drag net through your mind's ability to let happiness and love into your life. Don't take pride in your own wounds, as you do not really wish them on anybody else, and you certainly don't want your kids to feel the trauma's you are trying to get over from your own childhood.

So if you think “pessimism is the only morally acceptable emotion” when it comes to thinking about the future, than I will fight you tooth and nail to maintain my own delusion that the future is still bright. If you want to tell my kids that Hitler is coming, that the sea levels are rising, and that AI will end their lives, than I will beat your misery to a bloody pulp, and try and help you see a future worth living.

The point is, I've lost friends, and watched love ones fall into this “addiction” to the broadcast news negativity. It is a bad habit that must be broken, as we are losing our ability to trust, and losing our faith in our own power. If you isolate yourself with misery, than you will never feel emboldened to overcome anything, and you will never learn what love can do.

Look at the future. If you don't see any hope, than you better find some. It takes courage to move forward, and it takes courage to kill yourself. It takes only cowardice to remain in the muddled middle-ground of in-action and crippling in-decision.

Make the move, and tell me how it goes. I’m here to help.

With Love,

-§parrow

@ 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

@ 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.

• 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

@ bf6cea6f:cecd346e

Let’s be honest—when most people think about getting healthy or starting a weight loss journey, the first thing that comes to mind is hitting the gym. Cardio sessions, strength training, HIIT workouts—you name it. And while movement is a big piece of the puzzle, it’s not the whole picture.

If you’ve ever felt like you’re doing everything “right” at the gym but still not seeing the results you hoped for, it might be time to zoom out. The truth is, your health transformation is about way more than what happens during that 60-minute workout window. Let’s dig into the lifestyle tweaks that can accelerate your health journey—no burpees required.

1. Make Sleep Your Secret Weapon

Sleep is often the first thing sacrificed in our busy lives, but when it comes to your weight loss journey, it’s one of your strongest allies. Lack of sleep can disrupt your hunger hormones (hello, cravings) and slow your metabolism.

Simple tweak: Try going to bed 30 minutes earlier. Create a relaxing bedtime routine—think calming music, no screens, maybe even a warm cup of chamomile tea. Trust us, your body (and your scale) will thank you.

2. Hydration: Your Fat-Burning Fuel

Water might seem basic, but it's powerful. Staying well-hydrated helps your body flush toxins, supports digestion, and can even curb overeating by keeping hunger signals in check.

Simple tweak: Start each morning with a big glass of water before coffee. Keep a water bottle nearby throughout the day, and aim for at least 8 cups—more if you’re active or it’s hot out.

3. Create a Calm Space in Your Mind

Stress isn’t just mental—it affects your entire body. Chronic stress can spike cortisol levels, which are linked to weight retention, especially around the belly. If you’ve hit a plateau in your weight loss journey, your stress levels might be playing a role.

Simple tweak: Try 5 minutes of deep breathing, journaling, or mindfulness every morning. Even a walk in nature can work wonders for your mood and your metabolism.

4. Rebuild Your Relationship with Food

We’ve all heard “abs are made in the kitchen,” and while that’s catchy, it’s only part of the story. The key isn’t just what you eat, but how you think about food. Ditch the guilt, and think of food as fuel, not the enemy.

Simple tweak: Focus on adding in nutritious, satisfying foods rather than obsessing over cutting things out. Think colorful veggies, quality proteins, healthy fats. When you nourish your body well, the weight loss journey feels less like a battle and more like a lifestyle upgrade.

5. Get More “Non-Exercise” Movement

That workout you crushed? Amazing. But what about the other 23 hours of your day? Incorporating more natural movement—walking, stretching, even standing more— can boost your daily calorie burnand support your overall health.

Simple tweak: Take walking breaks during phone calls, park farther from entrances, or do light stretches while watching TV. It all adds up.

6. Mind Your People (Your Support Circle Matters)

Surrounding yourself with people who understand your goals can make a huge difference. Whether you’re navigating cravings, motivation dips, or just celebrating wins—big or small—having support makes the weight loss journey feel way less lonely.

Simple tweak: Find a workout buddy, join an online health group, or even just follow inspiring voices on social media. Community builds consistency.

Final Thoughts

It’s easy to think that the key to a better body is grinding it out in the gym. And while workouts do matter, they’re just one chapter in your health story. Real transformation comes from the quiet, daily choices—the food you eat, the rest you get, the way you talk to yourself.

So if your weight loss journey feels stalled or frustrating, don’t just push harder—look wider. A few lifestyle tweaks might be the momentum you’ve been missing.

@ 9e9085e9:2056af17

Part 6: Yakihonne – What’s New? 🚧 [Today’s Update]

🧠 NIP-101h HealthNote SDK & API Just Launched!

Yakihonne is pushing boundaries again—with the announcement of the NIP-101h HealthNote SDK & API. This powerful tool integrates secure health note functionality directly into the Yakihonne ecosystem.

🔍 What does this mean?

Developers can now build apps that store and share health-related notes securely on Nostr.

Users will soon be able to record, manage, and share health data—in a private, decentralized way.

It opens the door to health-focused social features, including fitness logging, health conversations, and community wellness tracking.

💡 Big Picture:

Yakihonne is proving that decentralized social networks can be more than just communication tools—they can become platforms for life-enhancing services.

Innovation meets self-ownership. This is where social media meets personal utility.

Yakihonne #Yakihonne #Yakihonne #Nostr #Nostr #YoungDfxPart 6: Yakihonne – What’s New? 🚧 [Today’s Update]

🧠 NIP-101h HealthNote SDK & API Just Launched!

Yakihonne is pushing boundaries again—with the announcement of the NIP-101h HealthNote SDK & API. This powerful tool integrates secure health note functionality directly into the Yakihonne ecosystem.

🔍 What does this mean?

Developers can now build apps that store and share health-related notes securely on Nostr.

Users will soon be able to record, manage, and share health data—in a private, decentralized way.

It opens the door to health-focused social features, including fitness logging, health conversations, and community wellness tracking.

💡 Big Picture:

Yakihonne is proving that decentralized social networks can be more than just communication tools—they can become platforms for life-enhancing services.

Innovation meets self-ownership. This is where social media meets personal utility.

@ eb0157af:77ab6c55

At Bitcoin 2025, the company unveils the Blockstream App and a strategic roadmap to accelerate adoption.

During the Bitcoin 2025 conference held in Las Vegas, Blockstream announced several updates, including a new non-custodial application and a corporate strategy structured around three operational divisions.

Introducing the Blockstream App: a new Bitcoin wallet that grows with you.

From first sats to advanced custody, it brings self-sovereignty into reach no matter where you start. Available now on Android, coming soon to iOS. pic.twitter.com/UBiNHKh8bO

— Blockstream (@Blockstream) May 29, 2025

The new Blockstream App allows users to purchase Bitcoin directly and store it in their own wallet, eliminating the need to rely on external custodians for fund management. This technological solution is built on the infrastructure of the Blockstream Green wallet. The app supports Bitcoin, Lightning, and Liquid.

The app’s design has been conceived to meet the needs of a diverse audience, the company stated. Its interface is accessible for beginners while retaining advanced functionalities for more experienced users.

It also remains compatible with advanced security features such as hardware wallet signing and air-gapped transactions via Blockstream Jade.

Corporate strategy: consumer, enterprise, and BAM

During the event, Blockstream revealed a strategic restructuring organized into three distinct operational units. This new framework aims to strengthen the company’s position within the Bitcoin economy through tailored approaches for specific markets.

The Consumer division will focus on developing products for retail users, while the Enterprise division will manage relationships with corporate clients. Blockstream Asset Management (BAM) will serve as the company’s institutional arm, specializing in Bitcoin investment products for institutional customers.

Adam Back, CEO of Blockstream, commented:

“The past year has shown clearly that Bitcoin no longer sits on the margins of the global financial system—it is rapidly becoming the foundation. Our vision is simple: the future of finance runs on Bitcoin.”

The post Blockstream launches a non-custodial app to buy Bitcoin appeared first on Atlas21.

@ eb0157af:77ab6c55

The Pakistani government embraces Bitcoin, following the example set by the United States.

Pakistan has officially announced the creation of a strategic Bitcoin reserve. The announcement was made during the Bitcoin 2025 conference in Las Vegas, marking a significant shift from the government’s previous stance against digital assets.

During the event, Bilal Bin Saqib, head of the Pakistani Crypto Council, shared the country’s decision:

“Today, I announce the Pakistani government is setting up its own government-led Bitcoin Strategic Reserve, and we want to thank the United States of America again because we were inspired by them.”

Bin Saqib then added:

“This wallet, the national Bitcoin wallet, is not for speculation. We will be holding these bitcoins and we will never, ever sell them.”

It remains unclear how the bitcoins will be acquired, whether through direct purchases or other means.

Pakistan’s shift in approach toward digital assets traces back to last February, when the government first explored the idea of creating a National Crypto Council. This body was designed to oversee the development of a comprehensive regulatory framework for cryptocurrencies and to attract foreign investment in the sector.

The Council’s proposed initiatives included projects such as utilizing surplus energy for Bitcoin mining, building high-performance data centers, and accumulating Bitcoin for the national treasury.

Just a few days ago, the Council officially allocated 2,000 megawatts of surplus energy to support mining operations and AI data centers.

Moreover, Changpeng Zhao, co-founder of Binance, was appointed as an advisor to the Council in April, offering expertise on crypto regulations, blockchain infrastructure, and the adoption of digital assets.

To further consolidate this new approach, the Pakistani Ministry of Finance has commissioned the creation of the Digital Asset Authority, an agency dedicated to supervising digital asset regulations and issuing licenses for crypto service providers operating within the country.

The post Pakistan announces the creation of a strategic Bitcoin reserve appeared first on Atlas21.

@ cae03c48:2a7d6671

Bitcoin Magazine

Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike

The Founder and CEO of Strike, Jack Mallers, at the 2025 Bitcoin Conference in Las Vegas, announced a new system of Bitcoin backed loans at Strike with one digit interest rate.

Jack Mallers began his keynote by pointing at the biggest problem. Fiat currency. 

“The best time to go to Whole Foods and buy eggs with your dollars was 1913,” said Mallers. “Every other time after, you are getting screwed.”

What’s the solution?

“The solution is Bitcoin,” stated Mallers. “Bitcoin is the money that we coincide that nobody can print. You can’t print, you can’t debase my time and energy, you cannot deprive me of owning assets, of getting out of debt, of living sovereignly and protecting my future, my family, my priced possessions. Bitcoin is what we invented to do that.”

Mallers gave a power message to the audience by explaining that people should HODL every dollar they have in Bitcoin. People should also spend a little of it to have a nice life.

“You can’t HODL forever,” said Jack.

While talking about loans that people borrow against their Bitcoin. He explained why he thinks banks putting 20% in interest for loans backed with Bitcoin is outrageous.

“All these professional economists, they are like Bitcoin is risky and volatile,” stated Mallers. “No it’s not. This is the magnificent 7 one year volatility and the orange one in the middle is Bitcoin. It’s no more risky and volatile. It’s a little bit more volatile than Apple, but is far less more volatile than Tesla.”

“As Bitcoin matures, its volatility goes down,” continued Jack. “Bitcoin volatility is at a point where it is no more risky than a Tesla Stock. We should not be paying double digits rates for a loan.”

Mallers announced his new system of loans at Strike of 9-13% in interest rates. It will allow people to get loans from $10,000 to $1 billion. 

Mallers closed by saying, “please be responsible. This is debt. Debt is like fire in my opinion. It can heat a civilization. It can warm your home, but if you go too crazy it can burn your house down.”

“Life is short,” said Jack. “Take the trip, but with bitcoin you just get to take a better one.”

This post Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 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.

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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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@ 29313cc9:a6bf155e

I thought i'd experiment with this Nostr blogging thing and write a short article on the state of Meshtastic and its alternatives.

For years Meshtastic was the only game in town, there wasn't a lot of users but the authors kept plugging away and it has become a thriving ecosystem of open source hardware, software, tools and social scene.

Meshtastic has always been focused on node to node messaging, in particular one of the use cases specifically mentioned was hiking in the wilderness or skiing in the mountains and being able to use these devices off-grid, perhaps even without a phone to communicate with one and other. The project does have a few other features like telemetry, remote admin, packet data etc but the messaging was the focus. Because of this focus, the core functionality needs to be built into the firmware of these low powered devices like ESP32 for example. This restricts what can be done in terms of CPU power and storage, but also makes synchronization between device and phone cumbersome.

Unfortunately, as a messaging platform, Meshtastic still struggles even after all these years. Message delivery and routing are fairly unreliable, 95% of conversations go along the lines of "hello, test, anyone there?". Now I should mention, if you have a very good signal to your peers the reliability can be good, but even then its not a guarantee.

Early on in the Meshtastic journey I stumbled upon a similar project named Reticulum which can utilize the same LoRa based hardware but aims to be a more comprehensive platform for decentralized communications and currently requires a computer or raspberry pi to run the Python backend alongside the LoRa hardware as a radio. Reticulum has historically been a less polished UI experience and a little idiosyncratic in its design which has probably hindered its adoption a little. But the main difference to Meshtastic is Reticulum requires bigger hardware and is less suitable for remote installations, solar powered setups etc. My understanding is once v1.0 has been released (soon) there may be efforts to port the code to native C which may allow hardware nodes to run as repeaters on their own.

More recently a new project has been announced called Meshcore, which is more closely aligned with Meshtastic than Reticulum, Meshcore makes several important improvements to message delivery and routing in an attempt to improve the reliability of the core feature, messaging. Popular Youtube channel Andy Kirby has been central in helping Meshcore gain popularity and I think he may be involved in the commercial aspects of the project. The smartphone apps and website mapping and flasher tools are a bit more polished with Meshcore.

One of the biggest contributors in the space is Liam Cottle who has created mapping websites for Meshtastic & Meshcore, he also built the Meshcore smartphone app and built the fantastic Reticulum MeshChat UI.

With all this new competition Meshtastic appears to be pushing out more frequent updates and whilst they have been introducing more bugs into the software it is nice to see some faster progress.

In my opinion Reticulum is probably the most interesting project with the most potential, but they do need to get the core routing engine running standalone on low powered hardware for the project to expand to more hardware/radio focused users.

That is all. Mesh on!

@ 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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@ 50f67565:e633a1e0

Trong thời đại hiện nay, quản lý tài chính cá nhân trở thành một trong những kỹ năng quan trọng giúp mỗi người duy trì cuộc sống ổn định và hướng tới sự phát triển bền vững. KBET88, mặc dù là một nền tảng giải trí trực tuyến, nhưng cũng gián tiếp góp phần rèn luyện kỹ năng này cho người chơi thông qua hệ thống quản lý giao dịch minh bạch, an toàn và dễ dàng sử dụng. Khi tham gia KBET88, người dùng được khuyến khích lập kế hoạch tài chính cụ thể, biết cách phân bổ ngân sách cho từng hoạt động cá cược một cách hợp lý để tránh tình trạng thua lỗ quá lớn hoặc mất kiểm soát về chi tiêu. Điều này giúp người chơi ý thức hơn về giá trị của đồng tiền và học được cách sử dụng nguồn lực tài chính một cách hiệu quả. Ngoài ra, việc theo dõi các giao dịch nạp và rút tiền trên hệ thống cũng giúp người dùng nâng cao kỹ năng quản lý chi tiêu và kiểm soát dòng tiền cá nhân, góp phần xây dựng nền tảng tài chính vững chắc trong cuộc sống.

Bên cạnh việc học hỏi kỹ năng quản lý tài chính, KBET88 còn giúp người chơi phát triển khả năng lập kế hoạch và kiểm soát cảm xúc khi đối mặt với rủi ro. Trong bất kỳ lĩnh vực nào, đặc biệt là khi liên quan đến tiền bạc, việc giữ vững tâm lý và không bị chi phối bởi cảm xúc tiêu cực là yếu tố quyết định sự thành công. Tham gia các trò chơi tại KBET88, người chơi thường xuyên phải đối mặt với các tình huống đòi hỏi sự cân nhắc kỹ lưỡng trước khi đưa ra quyết định. Việc này không chỉ giúp nâng cao khả năng tư duy phân tích mà còn rèn luyện sự kiên nhẫn, khả năng chấp nhận thất bại và học hỏi từ những trải nghiệm thực tế. Những kỹ năng này không chỉ hữu ích trong môi trường giải trí mà còn có thể ứng dụng hiệu quả trong cuộc sống và công việc hàng ngày, giúp người chơi trở nên chủ động và tự tin hơn trong mọi tình huống.

Ngoài ra, KBET88 còn xây dựng một cộng đồng người chơi năng động, tạo điều kiện cho việc trao đổi kinh nghiệm và hỗ trợ lẫn nhau trong việc phát triển các kỹ năng mềm quan trọng. Việc tham gia cộng đồng giúp người dùng không chỉ tăng cường sự kết nối xã hội mà còn học hỏi thêm nhiều chiến lược quản lý tài chính, kiểm soát cảm xúc và lập kế hoạch hiệu quả từ những người có cùng sở thích. Đội ngũ hỗ trợ khách hàng chuyên nghiệp của KBET88 luôn sẵn sàng đồng hành, tư vấn và giải quyết các thắc mắc một cách nhanh chóng, góp phần tạo nên trải nghiệm an toàn và thân thiện cho người chơi. Với những giá trị thiết thực này, KBET88 không chỉ là một sân chơi giải trí mà còn là một công cụ hỗ trợ đắc lực giúp người chơi phát triển toàn diện kỹ năng sống, đặc biệt là kỹ năng quản lý tài chính cá nhân – một trong những yếu tố then chốt để xây dựng cuộc sống thành công và bền vững.

@ 7f6db517:a4931eda

Humanity's Natural State Is Chaos
Without order there is chaos. Humans competing with each other for scarce resources naturally leads to conflict until one group achieves significant power and instates a "monopoly on violence."

Power Brings Stability
Power has always been the key means to achieve stability in societies. Centralized power can be incredibly effective in addressing issues such as crime, poverty, and social unrest efficiently. Unfortunately this power is often abused and corrupted.

Centralized Power Breeds Tyranny
Centralized power often leads to tyrannical rule. When a select few individuals hold control over a society, they tend to become corrupted. Centralized power structures often lack accountability and transparency, and rely too heavily on trust.

Distributed Power Cultivates Freedom
New technology that empowers individuals provide us the ability to rebuild societies from the bottom up. Strong individuals that can defend and provide for themselves will help build strong local communities on a similar foundation. The result is power being distributed throughout society rather than held by a select few.

In the short term, relying on trust and centralized power is an easy answer to mitigating chaos, but freedom tech tools provide us the ability to build on top of much stronger distributed foundations that provide stability while also cultivating individual freedom.

The solution starts with us. Empower yourself. Empower others. A grassroots freedom tech movement scaling one person at a time.

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@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• Coinswap is a decentralized protocol for private, trustless cryptocurrency swaps. It allows participants to securely swap digital assets without intermediaries, using advanced cryptographic techniques and atomic swaps to ensure privacy and security.
• This release introduces major improvements to the protocol's efficiency, security, and usability, including custom in-memory UTXO indexes, more advanced coin-selection algorithms, fidelity bond management and more.
• The update also improves user experience with full Mac support, faster Tor connections, enhanced UI/UX, a unified API, and improved protocol documentation.

"The Project is under active beta development and open for contributions and beta testing. The Coinswap market place is live in testnet4. Bug fixes and feature requests are very much welcome."

• Manuals and demo docs are available here.

What's new

• Core protocol and performance improvements:
  • Custom in-memory UTXO indexes. Frequent Core RPC calls, which caused significant delays, have been eliminated by implementing custom in-memory UTXO indexes. These indexes are also saved to disk, leading to faster wallet synchronization.
  • Coin selection. Advanced coin-selection algorithms, like those in Bitcoin Core, have been incorporated, enhancing the efficiency of creating different types of transactions.
  • Fidelity management. Maker servers now automate tasks such as checking bond expiries, redemption, and recreation for Fidelity Bonds, reducing the user's management responsibilities.
  • Taker liveness. The WaitingFundingConfirmation message has been added to keep swap connections between Takers and Makers, assisting with variable block confirmation delays.

• User experience and compatibility:

  • Mac compatibility. The crate and apps now fully support Mac.
  • Tor operations are streamlined for faster, more resilient connections. Tor addresses are now consistently linked to the wallet seed, maintaining the same onion address through system reboots.
  • The UI/UX improvements enhance the display of balances, UTXOs, offer data, fidelity bonds, and system logs. These updates make the apps more enjoyable and provide clearer coin swap logs during the swap process.

• API design improvements. Transaction creation routines have been streamlined to use a single common API, which reduces technical debt and eliminates redundant code.

• Protocol spec documentation now details how Coinswap breaks the transaction graph and improves privacy through routed swaps and amount splitting, and includes diagrams for clarity.

Source: Coinswap Protocol specification.

Announcement
GitHub Repo
Protocol Spec

@ 502ab02a:a2860397

ย้อนกลับไปปี 2014 ชายชื่อ Patrick O. Brown ศาสตราจารย์ชีววิทยาเชิงโมเลกุลแห่งมหาวิทยาลัยแตนฟอร์ด ตัดสินใจลาออกจากเส้นทางวิชาการสายหลัก เพื่อมาก่อตั้งบริษัทที่เขาเชื่อว่าจะเปลี่ยนโลก Impossible Foods

ดร. แพทริค โอ. บราวน์ (Patrick O. Brown) เป็นนักชีวเคมีและนักธุรกิจชาวอเมริกันและศาสตราจารย์กิตติคุณด้านชีวเคมีแห่งมหาวิทยาลัยสแตนฟอร์ด เขาได้รับปริญญาตรี แพทยศาสตรบัณฑิต และปรัชญาดุษฎีบัณฑิตด้านชีวเคมีจากมหาวิทยาลัยชิคาโก หลังจากนั้น เขาได้เข้ารับการฝึกอบรมด้านกุมารเวชศาสตร์ที่โรงพยาบาล Children's Memorial ในชิคาโก ในช่วงหลังปริญญาเอก เขาได้ทำงานวิจัยเกี่ยวกับกลไกที่ไวรัส HIV และเรโทรไวรัสอื่น ๆ แทรกยีนของพวกมันเข้าสู่จีโนมของเซลล์ที่ติดเชื้อ ซึ่งช่วยนำไปสู่การพัฒนายาใหม่ในการต่อสู้กับโรคนี้

ในช่วงต้นทศวรรษ 1990 ดร. บราวน์และทีมงานของเขาที่สแตนฟอร์ดได้พัฒนาเทคโนโลยี DNA microarray ซึ่งเป็นเครื่องมือที่ช่วยให้นักวิจัยสามารถวิเคราะห์การแสดงออกของยีนทั้งหมดในจีโนมได้พร้อมกัน เทคโนโลยีนี้มีบทบาทสำคัญในการวิจัยทางชีววิทยาและการแพทย์ โดยเฉพาะในการจำแนกประเภทของมะเร็งและการพยากรณ์โรค

นอกจากนี้ ดร. บราวน์ยังเป็นผู้ร่วมก่อตั้ง Public Library of Science (PLOS) ซึ่งเป็นองค์กรไม่แสวงหาผลกำไรที่มุ่งเน้นการเผยแพร่ผลงานวิจัยทางวิทยาศาสตร์ให้เข้าถึงได้ฟรีและเปิดกว้างต่อสาธารณะ

ในปี 2011 ดร. บราวน์ได้ก่อตั้ง Impossible Foods โดยมีเป้าหมายในการสร้างผลิตภัณฑ์เนื้อสัตว์จากพืชที่มีรสชาติและเนื้อสัมผัสคล้ายเนื้อสัตว์จริง เพื่อลดผลกระทบต่อสิ่งแวดล้อมจากการเลี้ยงสัตว์ เขาและทีมงานได้ค้นพบว่าโมเลกุล heme ซึ่งเป็นส่วนประกอบที่ให้รสชาติและกลิ่นเฉพาะของเนื้อสัตว์ สามารถผลิตจากพืชได้ โดยเฉพาะจากรากถั่วเหลือง พวกเขาใช้เทคนิคทางวิศวกรรมชีวภาพในการผลิต heme จากยีสต์ที่ได้รับการดัดแปลงพันธุกรรม และนำมาผสมกับโปรตีนจากพืชเพื่อสร้างผลิตภัณฑ์ที่มีลักษณะคล้ายเนื้อสัตว์

ดร. บราวน์ได้รับการยอมรับอย่างกว้างขวางในวงการวิทยาศาสตร์และเทคโนโลยี โดยได้รับรางวัลและเกียรติคุณหลายรายการ รวมถึงการเป็นสมาชิกของ National Academy of Sciences และ National Academy of Medicine ของสหรัฐอเมริกา ด้วยความมุ่งมั่นในการแก้ไขปัญหาสิ่งแวดล้อมผ่านนวัตกรรมทางอาหาร ดร. แพทริค โอ. บราวน์ ได้กลายเป็นบุคคลสำคัญที่มีบทบาทในการเปลี่ยนแปลงวิธีการบริโภคอาหารของโลกในศตวรรษที่ 21

เป้าหมายของเขาไม่ใช่เพียงแค่ทำอาหาร แต่คือ "ยุติการทำปศุสัตว์ให้หมดสิ้นภายในปี 2035"

เขาไม่ได้พูดลอย ๆ เขาลงมือ “ทำเนื้อจากพืช” ด้วยเทคโนโลยีที่ซับซ้อนระดับวิศวกรรมชีวภาพ นำโปรตีนจากถั่วเหลือง + น้ำมันมะพร้าว + เทคเจอร์ + สารเติมแต่งอีกชุดใหญ่ มาผ่านกระบวนการแปรรูปจนดูคล้ายเนื้อย่าง แต่ที่ทำให้ “มันดูเหมือนเนื้อจริง” คือการเติม ฮีม (Heme) เข้าไปสารประกอบที่อยู่ในเลือดและเนื้อสัตว์จริง ๆ

Impossible Foods คือบริษัทที่ไม่ได้เพียง “ปลอมรสชาติเนื้อ” แต่พยายามสร้างเนื้อจากพืช ให้เหมือนเนื้อจริงที่สุดเท่าที่วิทยาศาสตร์จะเอื้อมถึง จุดขายที่ทำให้แบรนด์นี้ดังเปรี้ยงก็คือสิ่งที่เรียกว่า “ฮีม” (heme) หรือโมเลกุลเหล็กในเลือด ซึ่งเป็นตัวการหลักที่ทำให้เนื้อวัวมีกลิ่นและรสเฉพาะตัวเวลาถูกย่างจนหอมฉุย

ดร.แพทริค บราวน์ และทีมนักวิจัยของเขาเริ่มจากการค้นหาว่า “อะไรในพืช” ให้กลิ่นคล้ายเลือด พวกเขาพบว่า “Leghemoglobin” ซึ่งอยู่ในรากถั่วเหลือง มีโครงสร้างใกล้เคียงกับ Hemoglobin ในเลือดสัตว์มากที่สุด จุดพลิกของเทคโนโลยีนี้คือ การผลิตเลกฮีโมโกลบินจากพืชจำนวนมาก ทำไม่ได้โดยการถอนรากถั่วมาทุบคั้น แต่ต้องอาศัยวิศวกรรมชีวภาพขั้นสูง

พวกเขาจึงใช้กระบวนการที่เรียกว่า “fermentation by genetically modified yeast” หรือการหมักโดยยีสต์ที่ผ่านการดัดแปลงพันธุกรรม โดยนำยีนของพืชที่สร้าง leghemoglobin ไปใส่ในยีสต์ (Pichia pastoris) แล้วเลี้ยงยีสต์นั้นในถังหมักขนาดใหญ่แบบเดียวกับโรงเบียร์ พอยีสต์ขยายตัว มันจะผลิตเลกฮีโมโกลบินออกมาจำนวนมาก จากนั้นจึงสกัดออกมาผสมกับโปรตีนจากพืช เช่น โปรตีนจากถั่วเหลือง หรือโปรตีนจากมันฝรั่ง

เพื่อให้เนื้อสัมผัสคล้ายเนื้อจริง ทีม Impossible Foods ยังใช้เทคนิคอื่นร่วมด้วย เช่น -Coconut Oil และ Sunflower Oil เป็นแหล่งไขมันที่ให้สัมผัส “ฉ่ำๆ” คล้ายไขมันเนื้อวัว -Methylcellulose สารที่ช่วยทำให้ส่วนผสมเกาะตัวเป็นก้อน คล้ายเนื้อบดจริง -Natural Flavors กลิ่นที่สกัดจากพืชหลายชนิด เพื่อเลียนแบบกลิ่นไหม้จากเนื้อย่าง

ทุกอย่างถูกผสมให้เข้ากัน ผ่านเครื่องอัดขึ้นรูป (extrusion) ที่ทำให้เนื้อออกมามี “เส้นใย” คล้ายกล้ามเนื้อวัว หรือหมู เมื่อโดนความร้อน โปรตีนจะเปลี่ยนโครงสร้าง (denature) และมีกลิ่นออกมาคล้ายๆ เนื้อย่างจริงๆ พร้อมน้ำสีแดงคล้ายเลือด (จาก heme) ไหลเยิ้ม ซึ่งคือไอเดียที่ทำให้ Impossible Burger เป็นมากกว่าแค่ “เบอร์เกอร์ผัก”

ผลลัพธ์คือ… เบอร์เกอร์พืชที่มีเลือดซึม สีชมพูดู juicy และกลิ่นไหม้ติดกระทะ จนคนกินรู้สึกเหมือนกำลังย่างเนื้อจริง ๆ

ฟังดูอัศจรรย์ใช่ไหม? แต่...การเติมฮีมจากยีสต์ตัดต่อพันธุกรรมลงในอาหาร ไม่เคยมีในธรรมชาติมาก่อน ในปี 2017 Impossible Foods ต้องยื่นเรื่องต่อ FDA เพื่อขออนุมัติว่า leghemoglobin จากยีสต์ GMO “ปลอดภัย”

แต่ในตอนนั้น FDA ตอบว่า “ยังไม่มีข้อมูลเพียงพอ” ว่าจะไม่ก่อให้เกิดภูมิแพ้หรือผลข้างเคียงในระยะยาว (ใช่แล้วจ้ะ... สารที่อยู่ในเบอร์เกอร์ชื่อดัง ถูกขายก่อนที่ FDA จะสรุปว่าปลอดภัยเต็มร้อย)

แล้วในที่สุด ปี 2019 FDA ก็ให้ผ่านแบบ “GRAS” (Generally Recognized As Safe) โดยใช้ข้อมูลจากการทดลองภายในของบริษัทเอง ไม่ใช่การทดสอบอิสระจากภายนอก

เฮียว่าอันนี้ต้องมีใครสะกิดในใจแล้วล่ะว่า “เรากำลังเอาอะไรเข้าปากกันแน่?”

แม้จะฟังดูเท่ ไฮเทค และดีต่อสิ่งแวดล้อม แต่ก็มีคำถามจากนักวิจารณ์มากมายว่า… แท้จริงแล้วอาหารเหล่านี้เป็นอาหาร “เพื่อสิ่งแวดล้อม” หรือเป็นเพียง “ภาพฝันที่ควบคุมโดยบริษัทเทคโนโลยียักษ์ใหญ่”?

มันเต็มไปด้วยคำถาม คำถาม และ คำถามนะสิครับ

ในเมื่อ Impossible Foods ได้รับเงินลงทุนหลายรอบจากบริษัทยักษ์อย่าง Google Ventures, UBS, และ Temasek (ของรัฐบาลสิงคโปร์) บอกตรง ๆ ว่า เงินแบบนี้ไม่ได้หวังแค่เปลี่ยนโลกแต่มันมาพร้อมเป้าหมายที่ชัดมาก การสร้างสิทธิบัตรอาหารใหม่ ที่ควบคุมการผลิตจากต้นน้ำยันปลายน้ำ อย่าลืมว่า ยีสต์ที่ผ่านการดัดแปลงพันธุกรรม หรือ GMO yeast นั้นถือเป็นสิทธิบัตร ถ้าใครจะผลิต Heme แบบเดียวกันก็ต้องขออนุญาตจาก Impossible Foods หรือไม่ก็โดนฟ้องได้เลย แปลว่า “เทคโนโลยีรสชาติเนื้อ” ไม่ได้เป็นมรดกของโลก แต่อยู่ในมือบริษัทไม่กี่แห่ง

ยิ่งไปกว่านั้น อุปกรณ์การผลิตต้องลงทุนสูง ต้องมีโรงหมัก ปฏิบัติการชีวภาพ การควบคุมความปลอดภัยที่เข้มข้น จึงไม่ใช่ใครๆ ก็ทำได้ ที่น่ากลัวคือ ถ้าเมื่อวันหนึ่งเนื้อสัตว์ธรรมชาติถูกทำให้กลายเป็น “ปีศาจสิ่งแวดล้อม” หรือ "ตัวเชื้อโรคผ่านอาหาร" โดยนโยบายรัฐและการตลาดของกลุ่มเทคฯ อาหารที่ประชาชนกินได้อาจเหลือแค่ “สิ่งที่ผลิตโดยมีสิทธิบัตร” เท่านั้น

เมื่อถึงวันนั้น ประชาชนจะสิ้นความชอบธรรมในการ “เลี้ยงวัวไว้กินเอง” ไม่ได้อีกต่อไป เพราะอาจโดนห้ามจากข้อกฎหมายคาร์บอน กฎหมายการกักกันเชื้อ ประชาชนจะ “เก็บพืชริมรั้วมาทำอาหาร” ไม่ได้อีกต่อไป เพราะกลิ่นไม่เหมือนเนื้อแลปที่เคยชิน และประชาชนจะ “ทำอาหารเองในบ้าน” ไม่ได้อีกต่อไป เพราะระบบเสพติดรสเนื้อเทียมจะทำให้คนเบือนหน้าจากอาหารจริง

ในขณะที่ Impossible Foods โฆษณาว่า “เราแค่อยากช่วยโลก” แต่เทคโนโลยีนี้อาจเปลี่ยน “อาหาร” ให้กลายเป็น “สิทธิบัตร” ที่ประชาชนเช่ากินจากบริษัท และเปลี่ยน “สิทธิในการเข้าถึงอาหาร” ให้กลายเป็น “อภิมหาอำนาจควบคุมโลก” โดยไม่ต้องยิงแม้แต่นัดเดียว หรือเปล่า???

เพราะเมื่อคุณควบคุมอาหารได้… คุณไม่ต้องควบคุมประชาชนอีกเลย

เฮียไม่ได้ต่อต้านเทคโนโลยี แต่เฮียอยากให้เราหยุดคิดนิดนึง แล้วตั้งคำถามในขณะที่เรายังเฝ้ามองว่า ถ้าของกินที่ดูน่าเชื่อถือ กินแล้วเหมือนเนื้อแท้ ๆ มันต้องมาจากกระบวนการที่ซับซ้อน แพง และถูกควบคุมโดยบริษัทที่มีสิทธิบัตรล้อมรอบ แล้ววันหนึ่ง ถ้าบริษัทนั้นล่มล่ะ? ถ้าถูกซื้อโดยบริษัทยักษ์ใหญ่? หรือถ้าพวกเขาขึ้นราคาจนยังไงเราก็ต้องทำงานหาเงินมาซื้อมันเพื่อกินประทังชีวิต?

อาหารจะยังเป็นของเราหรือเปล่า?

เราจะยัง “กินเพื่ออยู่” หรือแค่ “อยู่เพื่อจ่ายค่าเช่าระบบกิน”?

เราคงไม่ผิดที่จะตั้งคำถามใช่ไหม เพราะถ้ามันมีทางออก มันคงไม่น่ากลัว

#pirateketo #กูต้องรู้มั๊ย #ม้วนหางสิลูก #siamstr

@ 47259076:570c98c4

In order to see your reflection in the water, the water must be still.

If the water is agitated you can't see yourself clearly.

The same goes with your thoughts.

In order to think clearly, your mind must be still, or at rest.

If your mind is disturbed, you will not think clearly.

What causes the disturbances? Many things, such as: - Expectations - Emotions - Pride - Ignorance and so forth...

I want to focus in expectations in this article.

The problem with expectations is that they may be fulfilled or may not, not only that, they blind you to other opportunities happening right in your face.

If you expect to achieve "success" by going in path X, you will be so focused in this path you will not see that the path Y is better, easier and faster than the path X.

You cannot control anything but yourself.

So why create goals and plans if they can be easily crushed by the unknown?

It is better to surf in the wave of the unknown, rather than swim against it.

Not only that, what you want constantly changes.

I don't know what I will want in 5 minutes, imagine trying to guess what I will want in years.

I may be wrong in what I am saying, but I tried to swim against the unknown and I perished, therefore it's time to fully embrace the unknown, to fully embrace the chaos and see what happens.

@ 9c9d2765:16f8c2c2

In the heart of a dense, forgotten forest lay a village named Sumaila. It was a quiet, simple place, where people spoke in hushed tones and believed more in survival than in dreams. Among them lived a boy named Micheal, soft-spoken, born with a limp that made him the subject of quiet pity and louder jokes.

Michael had grown up avoiding attention, eyes always cast downward. His father, once a proud hunter, had died when Micheal was young, and his mother worked tirelessly to support them. Michael longed to be strong like the heroes in old tales but every stumble and fall reminded him that he was not made for glory.

One day, an old traveler arrived in Sumaila, ragged but commanding. He told stories of a cave hidden beneath the roots of the mountain The Mirror Below, it was where people went to seek their true strength. But, he warned, “The Mirror only shows what you hide, and to leave stronger, you must endure what you fear most.”

The villagers dismissed it as folklore. But Micheal, heart brimming with something between desperation and hope, decided to go.

The path was cruel. Rain fell like knives, and thorns tore at his skin. Several times, his leg buckled, and he wept alone. But he pressed on not out of pride, but because turning back would mean accepting the life he had always feared he was meant for: small, broken, and invisible.

He found the cave at twilight.

Inside, the walls shimmered like glass, and in the heart of the chamber stood the Mirror. It was not made of silver or gold but of still, dark water. Michael knelt beside it, and it rippled to life.

The reflection did not show him standing tall and powerful, it showed him at his weakest. A crying child clutching his father’s blood-soaked cloak. A teenager watching others run while he sat on the sidelines. A young man pretending not to care when no one believed in him.

The vision tore him apart.

But as he watched, something changed. The boy in the water stood. Limping, trembling but he stood. Again and again, each time falling, each time rising. The reflection whispered no words, but Micheal felt them in his soul: Strength isn’t born in the absence of pain. It is forged through it.

He screamed not in fear, but in fury. Not at the world, but at the lie he had lived. He was not weak because he struggled. He was strong because he survived.

When Micheal returned to Sumaila, he walked differently. He still limped, but his shoulders were straighter. When wild wolves threatened the village weeks later, it was Micheal who faced them cleverly luring them into traps, risking himself to save a trapped child. Not with brute force, but with bravery.

People began to see him not as the boy who limped, but the man who led.

And Micheal finally understood: to discover strength, he had to face what he feared most: his weakness. For only by staring into that mirror, did he see what had been there all along.

The strength to rise.

@ 91add87d:3245770f

Do you guys actually identify with you online username or do you identify with government name? No this isn't some woke left ideal about pronouns. I do not use my real name for any of my handles, X and Nostr and email are all fake. Meaningful and something i picked specifically. My government name is something that was forced on me and yes I know I can it but the persona I have created online feels authentic and what I see myself as. It's what I'll be using to create my small businesses. My LLC is going to a copy of what I have created.

@ b1ddb4d7:471244e7

Custodial Lightning wallets allow users to transact without managing private keys or channel liquidity. The provider handles technical complexities, but this convenience comes with critical trade-offs:

• You don’t control your keys: The custodian holds your bitcoin.
• Centralized points of failure: Servers can be hacked or shut down.
• Surveillance risks: Providers track transaction metadata.

Key Risks of Custodial Lightning Wallets

*1. Hacks and Exit Scams*

Custodians centralize large amounts of bitcoin, attracting hackers:

• Nearly $2.2 billion worth of funds were stolen from hacks in 2024.
• Lightning custodians suffered breaches, losing user funds.

Unlike non-custodial wallets, victims have no recourse since they don’t hold keys.

*2. Censorship and Account Freezes*

Custodians comply with regulators, risking fund seizures:

• Strike (a custodial Lightning app) froze accounts of users in sanctioned regions.
• A U.K. court in 2020 ordered Bitfinex to freeze bitcoin worth $860,000 after the exchange and blockchain sleuthing firm Chainalysis traced the funds to a ransomware payment.

*3. Privacy Erosion*

Custodians log user activity, exposing sensitive data:

• Transaction amounts, receiver addresses, and IPs are recorded.

*4. Service Downtime*

Centralized infrastructure risks outages.

*5. Inflation of Lightning Network Centralization*

Custodians dominate liquidity, weakening network resilience:

• At the moment, 10% of the nodes on Lightning control 80% of the liquidity.
• This centralization contradicts bitcoin’s decentralized ethos.

How to Switch to Self-Custodial Lightning Wallets

Migrating from custodial services is straightforward:

*1. Choose a Non-Custodial Wallet*

Opt for wallets that let you control keys and channels:

• Flash: The self-custodial tool that lets you own your keys, control your coins, and transact instantly.
• Breez Wallet : Non-custodial, POS integrations.
• Core Lightning : Advanced, for self-hosted node operators.

*2. Transfer Funds Securely*

• Withdraw funds from your custodial wallet to a bitcoin on-chain address.
• Send bitcoin to your non-custodial Lightning wallet.

*3. Set Up Channel Backups*

Use tools like Static Channel Backups (SCB) to recover channels if needed.

*4. Best Practices*

• Enable Tor: Mask your IP (e.g., Breez’s built-in Tor support).
• Verify Receiving Addresses: Avoid phishing scams.
• Regularly Rebalance Channels: Use tools like Lightning Pool for liquidity.

Why Self-Custodial Lightning Matters

• Self-custody: Control your keys and funds.
• Censorship resistance: No third party can block transactions.
• Network health: Decentralized liquidity strengthens Lightning.

Self-custodial wallets now rival custodial ease.

Custodial Lightning wallets sacrifice security for convenience, putting users at risk of hacks, surveillance, and frozen funds. As bitcoin adoption grows, so does the urgency to embrace self-custodial solutions.

Take action today:

1. Withdraw custodial funds to a hardware wallet.
2. Migrate to a self-custodial Lightning wallet.
3. Educate others on the risks of custodial control.

The Lightning Network’s potential hinges on decentralization—don’t let custodians become its Achilles’ heel.

@ dfa02707:41ca50e3

News

• Bitcoin mining centralization in 2025. According to a blog post by b10c, Bitcoin mining was at its most decentralized in May 2017, with another favorable period from 2019 to 2022. However, starting in 2023, mining has become increasingly centralized, particularly due to the influence of large pools like Foundry and the use of proxy pooling by entities such as AntPool.

Source: b10c's blog.

• OpenSats announces the eleventh wave of Nostr grants. The five projects in this wave are the mobile live-streaming app Swae, the Nostr-over-ham-radio project HAMSTR, Vertex—a Web-of-Trust (WOT) service for Nostr developers, Nostr Double Ratchet for end-to-end encrypted messaging, and the Nostr Game Engine for building games and applications integrated with the Nostr ecosystem.
• New Spiral grantee: l0rinc. In February 2024, l0rinc transitioned to full-time work on Bitcoin Core. His efforts focus on performance benchmarking and optimizations, enhancing code quality, conducting code reviews, reducing block download times, optimizing memory usage, and refactoring code.
• Project Eleven offers 1 BTC to break Bitcoin's cryptography with a quantum computer. The quantum computing research organization has introduced the Q-Day Prize, a global challenge that offers 1 BTC to the first team capable of breaking an elliptic curve cryptographic (ECC) key using Shor’s algorithm on a quantum computer. The prize will be awarded to the first team to successfully accomplish this breakthrough by April 5, 2026.
• Unchained has launched the Bitcoin Legacy Project. The initiative seeks to advance the Bitcoin ecosystem through a bitcoin-native donor-advised fund platform (DAF), investments in community hubs, support for education and open-source development, and a commitment to long-term sustainability with transparent annual reporting.
  • In its first year, the program will provide support to Bitcoin hubs in Nashville, Austin, and Denver.
  • Support also includes $50,000 to the Bitcoin Policy Institute, a $150,000 commitment at the University of Austin, and up to $250,000 in research grants through the Bitcoin Scholars program.

"Unchained will match grants 1:1 made to partner organizations who support Bitcoin Core development when made through the Unchained-powered bitcoin DAF, up to 1 BTC," was stated in a blog post.

• Block launched open-source tools for Bitcoin treasury management. These include a dashboard for managing corporate bitcoin holdings and provides a real-time BTC-to-USD price quote API, released as part of the Block Open Source initiative. The company’s own instance of the bitcoin holdings dashboard is available here.

Source: block.xyz

• Bull Bitcoin expands to Mexico, enabling anyone in the country to receive pesos from anywhere in the world straight from a Bitcoin wallet. Additionally, users can now buy Bitcoin with a Mexican bank account.

"Bull Bitcoin strongly believes in Bitcoin’s economic potential in Mexico, not only for international remittances and tourism, but also for Mexican individuals and companies to reclaim their financial sovereignty and protect their wealth from inflation and the fragility of traditional financial markets," said Francis Pouliot, Founder and CEO of Bull Bitcoin.

• Corporate bitcoin holdings hit a record high in Q1 2025. According to Bitwise, public companies' adoption of Bitcoin has hit an all-time high. In Q1 2025, these firms collectively hold over 688,000 BTC, marking a 16.11% increase from the previous quarter. This amount represents 3.28% of Bitcoin's fixed 21 million supply.

Source: Bitwise.

• The Bitcoin Bond Company for institutions has launched with the aim of acquiring $1 trillion in Bitcoin over 21 years. It utilizes secure, transparent, and compliant bond-like products backed by Bitcoin.
• The U.S. Senate confirmed Paul Atkins as Chair of the Securities and Exchange Commission (SEC). At his confirmation hearing, Atkins emphasized the need for a clear framework for digital assets. He aims to collaborate with the CFTC and Congress to address jurisdiction and rulemaking gaps, aligning with the Trump administration's goal to position the U.S. as a leader in Bitcoin and blockchain finance.
• Ethereum developer Virgil Griffith has been released from custody. Griffith, whose sentence was reduced to 56 months, is now seeking a pardon. He was initially sentenced to 63 months for allegedly violating international sanctions laws by providing technical advice on using cryptocurrencies and blockchain technology to evade sanctions during a presentation titled 'Blockchains for Peace' in North Korea.
• No-KYC exchange eXch to close down under money laundering scrutiny. The privacy-focused cryptocurrency trading platform said it will cease operations on May 1. This decision follows allegations that the platform was used by North Korea's Lazarus Group for money laundering. eXch revealed it is the subject of an active "transatlantic operation" aimed at shutting down the platform and prosecuting its team for "money laundering and terrorism."
• Blockstream combats ESP32 FUD concerning Jade signers. The company stated that after reviewing the vulnerability disclosed in early March, Jade was found to be secure. Espressif Systems, the designer of the ESP32, has since clarified that the "undocumented commands" do not constitute a "backdoor."

• Bank of America is lobbying for regulations that favor banks over tech firms in stablecoin issuance. The bank's CEO Brian Moynihan is working with groups such as the American Bankers Association to advance the issuance of a fully reserved, 1:1 backed "Bank of America coin." If successful, this could limit stablecoin efforts by non-banks like Tether, Circle, and others, reports The Block.
• Tether to back OCEAN Pool with its hashrate. "As a company committed to financial freedom and open access, we see supporting decentralization in Bitcoin mining as essential to the network’s long-term integrity," said Tether CEO Paolo Ardoino.
• Bitdeer to expand its self-mining operations to navigate tariffs. The Singapore-based mining company is advancing plans to produce machines in the U.S. while reducing its mining hardware sales. This response is in light of increasing uncertainties related to U.S. trade policy, as reported by Bloomberg.
• Tether acquires $32M in Bitdeer shares. The firm has boosted its investment in Bitdeer during a wider market sell-off, with purchases in early to mid-April amounting to about $32 million, regulatory filings reveal.
• US Bitcoin miner manufacturer Auradine has raised $153 million in a Series C funding round as it expands into AI infrastructure. The round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other existing investors. The firm raised to over $300 million since its inception in 2022.
• Voltage has partnered with BitGo to [enable](https://www.voltage.cloud/blog/bitgo-and-voltage-team-up-to-deliver-instant-bitcoin-and-stabl

@ 0c65eba8:4a08ef9a

Sometimes we forget that children cry. That it’s normal. That it’s necessary.

We forget this when we're tired, when we're overwhelmed, or when their tears trigger something unresolved in us.

But crying is not a rebellion.

It’s not disrespect.

It’s not failure.

It’s a release.

Children cry to let go of tension their nervous system can’t yet process. Sometimes it’s from a scraped knee earlier in the day. Sometimes it’s leftover fear from a nightmare. Sometimes it’s nothing but the weight of growing too fast in a world that's too loud and threatening.

Hormonal chaos, emotional overload, even quiet existential sorrow, yes, even in toddlers. All of it can flood them. And their outlet? Tears.

If you stop the tears, you don’t stop the pain. You stop the release.

And that pain doesn’t vanish. It sinks. It stores. It waits inside of them.

Then it leaks out through aggression. Defiance. Withdrawal. Night terrors. Accidents. Sudden cruelty. Uncontrollable outbursts that seem "out of nowhere."

But they’re not out of nowhere. They’re from the emotional reservoir you wouldn’t let them drain.

And here’s something harder to admit:

A big part of the reason adults struggle with their children’s crying is because we haven’t processed our own grief, our own unmet needs, our own silent screams that never found release.

When our child cries, it pulls on the thread of our unhealed places. It stirs the fears we buried. The helplessness we never faced. The shame we swallowed instead of felt.

That’s why parenting is not just a job, it’s a mirror into our soul.

It shows us where we’re still unfinished. And it gives us the sacred pressure we need to grow up.

We don’t become real adults when we hit eighteen.

We become adults when we face ourselves for the sake of someone more vulnerable than us. For our children.

That’s why raising children, when done well, finishes what childhood didn’t.

If we punish or suppress their tears, if we tell them they’re not allowed to cry, or that certain feelings are unacceptable, we don’t teach them strength.

We teach them to go emotionally numb.

And that numbness doesn’t create resilient adults. It creates emotionally disconnected adults. Men and women who can’t access their inner life, who can’t form intimacy, who collapse or lash out under stress because they never learned to metabolize emotion.

Being emotionally dead is not a form of regulation. It’s a form of partial death.

Before we talk about how to respond to their tears, I want to give you something sacred.

A tool for you, the parent.

Because while your child is feeling their storm, you may be bracing against your own.

When the wailing rises, when the flailing begins, when the energy in the room surges like a tide...

You must become their anchor, not another bit of flotsam blown about by the winds. Let the energy of their storm surge around you, but not move you.

And here is the mantra I want you to breathe into your nervous system until it becomes second nature:

“Their cries may pass over me, but they will not pass into me. I will feel their pain, but I will not carry it. I will stay rooted. I will stay warm. I will stay clear.”

Say it again.

“I will stay rooted. I will stay warm. I will stay clear, because my children need me to be their emotional anchor.”

This is not a denial of empathy. This is emotional leadership. You are the calm in the storm, not because it’s easy, but because your child needs someone to hold the emotional ground while they fall apart.

They are not strong enough to handle your overwhelm as well.

So you must handle it. Do not fall apart. Do not react in anger.

Breathe. Ground yourself. Repeat the words. Let their pain pass through you like wind through a stand of willow trees. You do not have to stop their storm. You only have to not get lost in it.

So here’s what we do instead.

We sit. We open our arms. We say:

"That’s a big feeling. I’ll hold you while it moves through."

For little ones, that means lifting them into our chest and letting them soak our shirt. For older kids, that means opening a lap, or a quiet corner, or a firm shoulder they can lean into.

When the storm softens, we ask:

"Do you know why you’re sad?"

If they can answer, we listen. If they can’t, we just stay near.

As they grow, we guide. We teach them to notice what the crying does.

"Does it feel better now?"

"Did the crying fix the broken toy?"

Not as mockery. As Socratic mirror.

We help them realize: crying is for clearing, not solving. Then we ask:

"Now that the sadness is smaller, what do you want to do about it?"

This is how we raise children who can feel without drowning, who can cry without crumbling, who can comfort others without resentment or panic. Who know that on the other side of grief there is happiness again.

We’re not here to silence their sorrow.

We’re here to father and mother their nervous systems.

To teach emotional digestion.

To model, through every quiet, sacred, unhurried moment, what it means to be human and whole. To feel but not be swept away in those feelings.

And if we do this well enough, long enough…

They won’t just stop crying.

They’ll keep growing, into whole, human-hearted men and women who know how to stand strong in life's storms.

@ 000002de:c05780a7

Resist the black pill. If the evolution of the "bitcoin community" bothers you, I'm with you. It's very likely that you need to shift your expectations but not your principles.

Lately, I've been hearing many bitcoiners and non-bitcoiners point out how the bitcoin world is embracing the suits—the politicians and traditional finance. This is on full display at Bitcoin 2025. I haven't watched the conference, but I have seen a few clips that seem to trigger people, and I get it. Believe me, I do. Please read this as kind advice for your own good.

We have many memes in the bitcoin space.

• Bitcoin Fixes This
• Not Your Keys Not Your Coins
• Never Sell Your Bitcoin
• HODL

There are many more. Memes are meant to compress a large amount of info into a small package. They work very well. But just because people repeat memes doesn't mean they understand the meaning and dense knowledge that caused them to develop. I think many bitcoiners, disappointed in the status quo, have miscalculated their fellow bitcoiners. After all, it is easy to repeat memes and seem like you are in the club. Many are not. Many do not share our values.

The Inevitability of Where We Are

I've been aware of bitcoin for a long time now. I didn't get it for many years. I didn't realize where it was coming from. As I started to understand how it was a technical application for many economic and technological things I already believed in, it started to come together. By this point in my life, though, I had already realized that most people are just going with the flow. They don't think deeply about the issues I care about. They are too practical. It took some time for me to realize that this doesn't make me superior to them, just different. I began to realize that these people matter, but it is a waste of time to try to convince them intellectually. Practical solutions are the only way. You see, most people do not even understand or care about how the current system works. They just want what they want for their families. Many are very good at it. They play the game. They don't wonder why the game was made or who made it. There are also many people that understand the issues with the system but simply want to use them to enrich themselves. They see what we see but don't care to change it as long as they can profit from it.

As bitcoin becomes more commonly used/bought/traded, it will move into these camps. The number of people that are hard-core bitcoiners is small. Very small. It's not going to become a significant portion of the population. Just as those that get economics aren't, nor are those that understand technology on a deep level. Don't get me wrong. It will grow, but it's never going to be the majority.

So with all this in mind, it is inevitable that a scarce money/asset would attract people that simply want to use it to make themselves wealthy. It's inevitable that bitcoin will become integrated into the financial system. The state will not be able to kill it, so it tries to use it. Is this good? Well, I don't think it is, but that doesn't really matter now, does it? Bitcoin doesn't care about what I think. Just as gold doesn't care how murderous and evil the man is that holds it.

Bitcoin Doesn't Fix This... Not Yet At Least

I'm beginning to think that many that are decrying the current state of bitcoin actually believed that "bitcoin fixes this." I mean, they believed it might do it overnight. I am having a hard time not thinking that many people actually think that when someone buys bitcoin, they have some sort of "born-again" experience. That's nonsense, and I doubt anyone would say this, but I think many might have believed it. Bitcoin, once it replaces the fiat system and revolutionizes banking, will fix many problems we see. The thing is, before fiat money printing, we still had many problems. The incentives that fiat money printing creates are not all the problems that exist. It just amplifies them. Bitcoin doesn't magically make people hate taxes and the state. We've had many years to win over those people to bitcoin, and frankly, we have a long way to go to even get those people. Maybe we should adjust our time preference.

The Vanguard

So what's my point? If you are triggered by all this bitcoin conference nonsense, all this statist boot-licking, I'm with you. It's pathetic. Bitcoin was started by cypherpunks. By people that opposed the state. But they aren't here now. You are. Also, while I'm on this point, I think we overstate the early bitcoiners. I think plenty of them thought bitcoin, if it succeeded, would become very valuable. It's baked into the design. Don't kid yourself. Fiat has no bottom, and bitcoin has no top. But it was more than that. So bitcoin needs to be sovereign and censorship-resistant. If you care about these things, live it. Run a node. Run a lightning node. Use open-source software stacks. Dump your MacBook Pro and use Linux. Support devs. Be an uncle Jim to your friends and family. Do the work. We are the vanguard, and we should be principled. That doesn't mean a vow of poverty, but it does mean spending bitcoin. You can spend and replace. There always needs to be people that push back on the normies. It's better to do this with actions over words.

Keep holding onto your values. Live them out. Values are literally what you value. And if you aren't doing things that align with your values, they really aren't your values. You are larping. Just don't lie to yourself most of all. Lies are like poison. Sometimes you have to be honest with where you are in the moment. Take stock and adjust your frame. What do you really value, and are you living it? If not, why not. Maybe you are lying to yourself. Maybe you just aren't aware. Take stock and adjust.

https://stacker.news/items/992238

@ 32c87f47:cb8f61a1

O universo do entretenimento digital tem evoluído rapidamente, e uma das plataformas que vem ganhando destaque nesse cenário é a Tribo777. Com uma proposta inovadora, voltada para jogadores brasileiros que buscam emoção, praticidade e recompensas reais, o site se posiciona como uma das melhores opções para quem quer unir diversão e estratégia.

Conhecendo a Plataforma Tribo777 A Tribo777 foi desenvolvida com foco total na experiência do usuário. Ao acessar o site, o jogador é imediatamente recebido por uma interface amigável, com menus intuitivos e design moderno. A plataforma funciona perfeitamente tanto em computadores quanto em dispositivos móveis, o que permite jogar de qualquer lugar, a qualquer hora.

Um dos grandes diferenciais da Tribo777 é a agilidade no carregamento dos jogos e a estabilidade durante as partidas. Isso garante uma experiência fluida, sem interrupções, o que é essencial para quem gosta de se manter concentrado e maximizar suas chances de vitória.

Além disso, a plataforma oferece diversos métodos de pagamento locais, como PIX, transferência bancária e carteiras digitais, facilitando depósitos e saques com rapidez e segurança.

Diversidade de Jogos para Todos os Estilos O catálogo de jogos da Tribo777 é amplo e repleto de opções para todos os perfis de jogador. Entre os destaques, estão os famosos jogos de slots, que combinam gráficos vibrantes, trilhas sonoras envolventes e mecânicas dinâmicas. Com uma variedade impressionante de temas — que vão desde aventuras mitológicas até cenários futuristas — os slots garantem horas de entretenimento.

Para os fãs de jogos clássicos, a plataforma também conta com títulos como roletas, cartas e outros desafios de habilidade que envolvem raciocínio rápido e tomada de decisões estratégicas. Muitos desses jogos contam com modos ao vivo, nos quais o jogador interage em tempo real com apresentadores e outros participantes, tornando a experiência ainda mais imersiva.

Outro ponto interessante é a presença de jogos exclusivos, que só podem ser encontrados na Tribo777. Esses títulos oferecem mecânicas diferenciadas e promoções especiais, o que contribui para a fidelização dos jogadores.

Experiência do Jogador: Segurança, Suporte e Promoções A Tribo777 se preocupa com cada detalhe da jornada do jogador. Desde o cadastro rápido até o momento de retirar os ganhos, tudo é feito com máxima transparência e praticidade. A segurança é uma prioridade, com tecnologias avançadas de proteção de dados e transações criptografadas.

O suporte ao cliente está disponível todos os dias, com atendimento em português, preparado para resolver qualquer dúvida ou problema de forma rápida e eficiente. Seja por chat ao vivo ou por e-mail, os jogadores sempre têm com quem contar.

Outro atrativo que conquista os usuários é o programa de recompensas. A plataforma oferece bônus de boas-vindas, giros grátis, cashback e promoções frequentes, que aumentam as chances de jogar mais e ganhar mais. Além disso, há eventos temáticos e torneios com prêmios atrativos, que tornam a participação ainda mais divertida e competitiva.

Conclusão A Tribo777 chega ao mercado com uma proposta sólida, voltada para jogadores brasileiros que buscam qualidade, emoção e recompensas reais. Com uma interface moderna, variedade de jogos, suporte dedicado e promoções constantes, a plataforma se firma como uma excelente escolha para quem quer explorar o mundo do entretenimento online com confiança e diversão.

Se você ainda não conhece a Tribo777, esta é a hora de se juntar à tribo e descobrir um novo jeito de jogar — com emoção, segurança e muitas oportunidades de vitória.

@ 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

@ cae03c48:2a7d6671

Bitcoin Magazine

SEC Commissioner Hester Peirce Says “We Can’t Ignore It” in Bitcoin 2025 Fireside Talk 

At the Bitcoin 2025 Conference this morning, U.S. Securities and Exchange Commissioner Hester Peirce took the stage with Fold’s General Counsel Hailey Lennon for a fireside chat that pulled no punches.

Opening with a question about enforcement priorities since the change in administration, Lennon asked, “What are the current enforcement priorities, if any, in the digital asset space?” Peirce acknowledged the public’s frustration: “Some people have taken the fact that we haven’t moved forward with a ton of these cases as inaction—but there’s a lot to digest.” She stressed that the agency is actively bringing in outside perspectives, stating, “That’s really the way to get to good rules.” 

A core theme of the conversation was regulatory uncertainty. “One complaint I’ve had,” Peirce said, “is that in an environment of regulatory uncertainty, it’s much harder to identify bad actors—and it gives them more room to operate. Meanwhile, it pushes legitimate actors out of the U.S. or out of the industry entirely. We need to create a good environment for the good actors and a bad one for the bad actors.” 

Peirce also addressed her recent tweet hinting at disclosure requirements for projects potentially considered securities. 

Here's what the Crypto Task Force has been doing and some things we're thinking about: https://t.co/YHXAYhr23P

— Hester Peirce (@HesterPeirce) May 19, 2025

When asked about the explosion of memecoins and speculative tokens, Peirce didn’t hold back: “If you’re expecting to buy a memecoin and become a billionaire—buyer beware. Be an adult. If you want to speculate, go for it, but if something goes wrong, don’t come complaining to the government.” This confirms the value, and security of Bitcoin. 

She emphasized the importance of community participation, noting that “government works for the people,” and encouraged attendees to weigh in on issues like surveillance and financial freedom. “In the United States, we are all about freedom. Freedom to innovate. Your voices are so important for helping us think through these issues.” 

Peirce’s remarks echo the statements that JD Vance touched on yesterday during his speech at the Bitcoin 2025 Conference. They both emphasized that we, the American people, have the power to transform the traditional financial system, and fuel Bitcoin. 

Discussing Bitcoin’s growing presence in traditional finance, Lennon asked whether the SEC is prepared for that convergence. Peirce replied, “We can’t ignore it. When people are free to use something, it will eventually be incorporated into traditional financial products. We need to think about how it interacts with our regulatory framework—but the key is preserving people’s ability to transfer value on their own terms.”

Looking ahead, Peirce left attendees with a powerful reminder: “You don’t have to wait for the government. Demand transparency. Learn from failures. Pick yourself up, dust yourself off, and do better next time.” 

You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below:

This post SEC Commissioner Hester Peirce Says “We Can’t Ignore It” in Bitcoin 2025 Fireside Talk  first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ 32c87f47:cb8f61a1

Se você está em busca de uma plataforma confiável, divertida e repleta de oportunidades para se entreter com jogos online, o 77BB é o lugar ideal para você. Com uma estrutura moderna, interface amigável e uma variedade impressionante de jogos, o 77BB vem conquistando jogadores de todo o Brasil e se destacando como uma das principais referências no setor de entretenimento digital.

Uma Plataforma Completa para Todos os Perfis de Jogadores Desde o primeiro acesso, fica evidente que o 77BB foi desenvolvido com foco na experiência do usuário. O site possui um layout intuitivo, permitindo que jogadores iniciantes e experientes naveguem com facilidade entre as diferentes categorias. Além disso, a plataforma é totalmente compatível com dispositivos móveis, oferecendo uma experiência fluida tanto em celulares quanto em tablets e computadores.

Outro diferencial importante é a segurança. O 77bbconta com tecnologia de ponta para garantir a proteção dos dados dos jogadores, além de adotar políticas rigorosas de privacidade e suporte eficiente para esclarecer dúvidas e resolver qualquer questão rapidamente.

Variedade de Jogos para Todos os Gostos A diversidade de jogos disponíveis é um dos grandes atrativos da plataforma. O 77BB oferece uma seleção robusta que inclui desde os clássicos jogos de mesa até opções mais modernas com gráficos avançados e dinâmicas interativas. Entre os jogos mais populares estão os slots temáticos, jogos de cartas como pôquer e blackjack, além de roletas e outros formatos que simulam a atmosfera de casas de jogo físicas.

Os jogos são fornecidos por desenvolvedores renomados no mercado internacional, o que garante qualidade, fluidez e total imparcialidade nos resultados. Isso proporciona uma experiência justa e divertida, com chances reais de ganho e muita emoção a cada rodada.

Experiência do Jogador: Diversão e Benefícios Reais Um dos pontos mais elogiados pelos usuários do 77BB é a experiência geral oferecida pela plataforma. Além da facilidade de uso e da grande variedade de jogos, o site conta com promoções regulares, bônus de boas-vindas e programas de fidelidade que recompensam os jogadores mais ativos.

As promoções variam frequentemente e podem incluir rodadas grátis, bônus em depósitos e prêmios especiais em eventos temáticos. Isso torna a jornada ainda mais empolgante e mantém os jogadores sempre motivados a explorar novos títulos e desafios.

Outro aspecto importante é o suporte ao cliente. O 77BB oferece atendimento em português por meio de chat ao vivo e outros canais, garantindo que qualquer dúvida ou problema seja resolvido de forma rápida e eficiente. Esse cuidado com o usuário contribui para um ambiente mais acolhedor e profissional.

Conclusão: 77BB é Sinônimo de Diversão Garantida Se você procura uma plataforma segura, completa e cheia de possibilidades para se divertir com jogos online, o 77BB é uma escolha certeira. Com uma interface acessível, excelente variedade de jogos e um atendimento ao cliente exemplar, o 77BB entrega uma experiência de alto nível que agrada tanto iniciantes quanto veteranos.

Descubra hoje mesmo o universo de entretenimento que o 77BB tem a oferecer e transforme seu tempo livre em momentos de pura diversão!

@ 32c87f47:cb8f61a1

No universo dos jogos online, a busca por plataformas confiáveis, divertidas e recheadas de opções é constante. É nesse cenário que o KK45 se destaca como uma escolha ideal para quem procura entretenimento de qualidade, segurança e uma experiência envolvente. Com uma interface moderna e intuitiva, a plataforma atrai jogadores de todos os níveis — desde os iniciantes até os mais experientes — oferecendo um catálogo variado de jogos e funcionalidades que fazem toda a diferença.

Conhecendo a Plataforma KK45 O KK45 é uma plataforma digital voltada para o entretenimento com foco total na qualidade e praticidade. O site foi desenvolvido pensando na experiência do usuário, com navegação fluida e recursos otimizados tanto para computadores quanto para dispositivos móveis. Isso significa que o jogador pode se divertir em qualquer lugar, a qualquer momento, bastando ter acesso à internet.

Outro diferencial é a segurança. O KK45 utiliza sistemas avançados de proteção de dados e transações, garantindo que todas as informações dos usuários estejam devidamente criptografadas. Além disso, o suporte ao cliente é eficiente e ágil, com atendimento em português e disponível 24 horas por dia, 7 dias por semana.

Variedade de Jogos para Todos os Gostos Um dos grandes atrativos do KK45 é a ampla variedade de jogos disponíveis. A plataforma trabalha com os principais desenvolvedores do mercado, trazendo gráficos de última geração, mecânicas envolventes e funcionalidades inovadoras. Entre os títulos mais populares, estão:

Slots temáticos: Com visuais incríveis e diversas funcionalidades bônus, os slots do KK45 agradam tanto os fãs de jogos clássicos quanto os que preferem aventuras modernas com muitos efeitos visuais.

Jogos de cartas e mesa: O ambiente perfeito para quem gosta de jogos como pôquer, blackjack, bacará, entre outros. Esses jogos são desenvolvidos com realismo e atenção aos detalhes, proporcionando partidas emocionantes.

Jogos interativos ao vivo: Para quem gosta de uma experiência mais próxima da realidade, os jogos ao vivo trazem interação em tempo real, com apresentadores reais, câmeras de alta definição e uma atmosfera imersiva.

A plataforma também investe em atualizações frequentes, lançando novos jogos regularmente para manter o catálogo sempre atualizado e atrativo.

A Experiência do Jogador no KK45 O que realmente diferencia o KK45 de outras plataformas é o cuidado com a experiência do jogador. Desde o cadastro simplificado até as formas de pagamento facilitadas, tudo foi pensado para proporcionar conforto e satisfação. O site oferece múltiplas opções de depósito e saque, com rapidez e segurança, além de bônus atrativos para novos jogadores e promoções recorrentes para os usuários fiéis.

Outro ponto forte é a personalização da experiência. Os jogadores podem salvar seus jogos favoritos, acompanhar seu histórico de partidas e configurar preferências para deixar a navegação ainda mais prática.

Além disso, o KK45 incentiva o jogo responsável, disponibilizando ferramentas que ajudam o usuário a controlar o tempo de uso e os valores investidos, promovendo uma diversão equilibrada.

Conclusão O KK45 se consolida como uma das principais plataformas de jogos online do Brasil, unindo tecnologia, segurança e uma variedade impressionante de jogos. Seja você um novato curioso ou um veterano em busca de novos desafios, o KK45 oferece tudo o que você precisa para uma jornada divertida e segura no mundo dos jogos digitais.

Explore agora mesmo a plataforma e descubra por que tantos jogadores estão escolhendo o KK45 como seu destino favorito para se entreter com qualidade e confiança!

@ dfa02707:41ca50e3

Headlines

• Twenty One Capital is set to launch with over 42,000 BTC in its treasury. This new Bitcoin-native firm, backed by Tether and SoftBank, is planned to go public via a SPAC merger with Cantor Equity Partners and will be led by Jack Mallers, co-founder and CEO of Strike. According to a report by the Financial Times, the company aims to replicate the model of Michael Saylor with his company, MicroStrategy.
• Florida's SB 868 proposes a backdoor into encrypted platforms. The bill and its House companion have both passed through their respective committees and are headed to a full vote. If enacted, SB 868 would require social media companies to decrypt teens' private messages, ban disappearing messages, allow unrestricted parental access to private messages, and likely eliminate encryption for all minors altogether.
• Paul Atkins has officially assumed the role of the 34th Chairman of the US Securities and Exchange Commission (SEC). This is a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 under the George W. Bush administration. He has committed to advancing the SEC’s mission of fostering capital formation, safeguarding investors, and ensuring fair and efficient markets.
• Solosatoshi.com has sold over 10,000 open-source miners, adding more than 10 PH of hashpower to the Bitcoin network.

"Thank you, Bitaxe community. OSMU developers, your brilliance built this. Supporters, your belief drives us. Customers, your trust powers 10,000+ miners and 10PH globally. Together, we’re decentralizing Bitcoin’s future. Last but certainly not least, thank you@skot9000 for not only creating a freedom tool, but instilling the idea into thousands of people, that Bitcoin mining can be for everyone again," said the firm on X.

• OCEAN's DATUM has found 100 blocks. "Over 65% of OCEAN’s miners are using DATUM, and that number is growing every day. This means block template construction is making its way back into the hands of the miners, which is not only the most profitable for miners on OCEAN but also one of the best things for Bitcoin," stated the mining pool.

Source: orangesurf

• Arch Labs has secured $13 million to develop "ArchVM" and integrate smart-contract functionality with Bitcoin. The funding round, valuing the company at $200 million, was led by Pantera Capital, as announced on Tuesday.
• Tesla still holds nearly $1 billion in bitcoin. According to the automaker's latest earnings report, the firm reported digital asset holdings worth $951 million as of March 31.
• The European Central Bank is pushing for amendments to the European Union's Markets in Crypto Assets legislation (MiCA), just months after its implementation. According to Politico's report on Tuesday, the ECB is concerned that U.S. support for cryptocurrency, particularly stablecoins, could cause economic harm to the 27-nation bloc.
• TABConf 2025 is scheduled to take place from October 13-16, 2025. This prominent technical Bitcoin conference is dedicated to community building, education, and developer support, and it is set to return in October. Get your tickets here.
• Kaduna Lightning Development Bootcamp. From May 14th to 17th, the Bitcoin Lightning Developer Bootcamp will take place in Kaduna, Nigeria. Thisevent offers four dynamic days of coding, learning, and networking. Organized by Africa Free Routing and supported by Btrust, Tether, and African Bitcoiners, this bootcamp is designed as a gateway for African developers eager to advance their skills in Bitcoin and Lightning development. Apply here.

Source: African Bitcoiners.

Use the tools

• Core Lightning (CLN) v25.02.2 as been released to fix a broken Docker image. The issue was caused by an SQLite version that did not support an advanced query.
• Blitz wallet v0.4.4-beta introduces several updates and improvements, including the prevention of duplicate ecash payments, fixes for background ecash invoice handling, the ability for users to send payments to BOLT12 invoices from their Liquid balance, support for Blink QR codes, a lowered minimum amount for Lightning-to-Liquid payments to 100 sats, the option to initiate a node sync via a swipe gesture on the wallet's home screen, and the introduction of opt-in or opt-out functionality for newly implemented crash analytics via settings.
• Utreexo v0.5.0, a hash-based dynamic accumulator, is now available.
• Specter v2.1.1 is now available on StartOS. "This update brings compatibility with Bitcoin Core v28 and incorporates several upstream improvements," said developer Alex71btc.
• ESP-Miner (AxeOS) v2.7.0b1 is now available for testing.
• NodeGuard v0.16.1, a treasury management solution for Lightning nodes, has been released.
• The latest stacker.news updates include prompts to add a receiving wallet when posting or making comments (for new users), an option to randomize poll choices, improved URL search, and a few other enhancements. A bug fix for territories created after 9/19/24 has been implemented to reward 70% of their revenue to owners instead of 50%.

Other stuff

• The April edition of the 256 Foundation's newsletter is now available. It includes the latest mining news, Bitcoin network health updates, project developments, and a tutorial on how to update FutureBit's Apollo 1 to the Apollo 2 software.
• Siggy47 has posted a comprehensive RoboSats guide on stacker.news.
• Learn how to run your own Nostr relay using Citrine and Cloudflare Tunnels by following this step-by-step guide by Dhalism.
• Max Guise has written a Bitkey roadmap update for April 2025.

• PlebLab has uploaded a video on how to build a Rust wallet with LDK Node by Ben Carman.

• Do you want more? Subscribe and get No Bullshit GM report straight to your mailbox and No Bullshit Bitcoin on Nostr.

• Feedback or tips? Drop it here.
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Bitcoin Magazine

CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World”

Today, at the 2025 Bitcoin Conference in Las Vegas, the CEO of Tether Paolo Ardoino talked about the investments, inventions and Bitcoin mining of Tether.

Paolo Ardoino began his speech by saying, “last year we made $13 billion in profit. We keep a $120 billion blast in US treasuries as of now. We have committed to bring re-invest a lot into Bitcoin. We now have more than 100,000 Bitcoin that we own as a company.”

JUST IN: Tether announces it owns over 100,000 #Bitcoin and more than 50 tons of gold. pic.twitter.com/0Ja83hCs1H

— Bitcoin Magazine (@BitcoinMagazine) May 29, 2025

“Bitcoin is perfect, gold is imperfect,” said Paolo

Ardoino explained a little of their history with Bitcoin. “We are a company that was born with Bitcoin,” stated. ”We are all Bitcoiners at heart. Everyone in our company loves Bitcoin.”

El Salvador has been a supporter of Bitcoin and Paolo mentioned, “we have our headquarters in El Salvador, the original Bitcoin country. We support el Salvador.”

During his speech, he made a big announcement of Tether becoming the biggest Bitcoin miner in the world. 

“We invested 2 billion in energy production and bitcoin mining actually is a bit more than that. Something that we have been very shy to say, but I think that it’s very realistic that by the end of the year, Tether will be the biggest Bitcoin miner in the world, even including all the public companies.”

Ardoino mentioned their new AI system made for society and not for corporations. 

“I want my AI agent to have a non-custodial wallet, so I can grant him some money. The money is kept by the AI agent and the AI agent will work for me. Will not work under the rules and conditions of someone else,” announced Ardoino. “We have announced our AI platform recently. It’s called QVAC.”

Closing, Ardoino talked about their investment with Rumble and their new project. He stated, “we are collaborating to launch a Rumble Wallet that will be Bitcoin first and a little bit of stable coins wallet for the people.”

This post CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World” first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ cf8c27f4:c95b9b5c

What’s Happening in Japan? Japan has the highest debt-to-GDP ratio in the developed world — over 260%. For decades, it got away with this by keeping interest rates near zero and having the Bank of Japan (BoJ) purchase most of its government bonds. This was known as Yield Curve Control — a desperate attempt to keep borrowing costs low.

But now, global bond markets are revolting.

🔺 Japanese 30-year yields have exploded past 3.18%

🔺 The worst bond auction since 1987 just occurred

🔺 Demand for JGBs (Japanese Government Bonds) is collapsing

When demand for bonds falls, prices drop and yields rise. This signals fear. Big fear.

As Taylor Kenney noted in a widely shared thread:

“This isn’t just a Japan problem — Japan is the largest foreign holder of U.S. debt.” The Contagion Risk: U.S. Debt and Global Collapse

Here’s where this gets truly global.

In 2025 alone, $9.2 trillion of U.S. debt will mature — 70% of it between January and June. That debt must be refinanced, and as interest rates remain elevated, the cost of servicing this debt balloons, potentially straining the U.S. government’s finances.

If yields rise further, it only worsens the cycle:

1. Yields rise

2. Interest costs balloon

3. Governments print more to cover deficits

4. Currencies debase

5. Confidence dies

6. Collapse follows

Japan may just be the canary in the coal mine. Gold Is Surging. Bitcoin Is Outpacing It.

Smart money is already moving.

Bitcoin is closing in on its all-time high — and closely tracking the M2 Global Liquidity Index, historically lagging it by 60–90 days.

Gold has also had a stellar run in 2025, signalling institutional flight to hard assets.

People are scared. And they should be.

The global financial system is built on an unsustainable foundation of debt, inflation, and artificial suppression of interest rates. That system is now cracking in Japan — but it won’t stop there. ₿ Bitcoin: The Exit Plan

Bitcoin doesn’t rely on a central bank.

It doesn’t need to be refinanced.

It doesn’t have a yield curve to control.

It’s decentralised, scarce, and incorruptible.

While fiat currencies spiral under the weight of debt and monetary debasement, Bitcoin offers an escape — a monetary protocol with a fixed supply and no political manipulation.

It’s not just an investment.

It’s an exit strategy from the madness. Final Thoughts

• Japan is flashing red.

• The U.S. is next in line.

• The debt system is spiralling — fast.

Gold is insurance.

Bitcoin is the lifeboat.

@ cae03c48:2a7d6671

Bitcoin Magazine

Panama City Mayor Mizrachi: “Bitcoin Is Not Just Safe, It’s Prosperous”

At the 2025 Bitcoin Conference in Las Vegas, the Director of Bitcoin Beach Mike Peterson, the Presidential Advisors of Building Bitcoin Country El Salvador Max & Stacy and the Mayor City of Panama Mayer Mizrachi discussed Bitcoins future in Panama.

At the beginning of the panel, Is Panama Next? El Salvador Leading The Region For Bitcoin Adoption, Mayor Mizrachi started by mentioning, “We accept Bitcoin. The city gets paid in Bitcoin, but it receives in dollars through an intermediary processing, payments processor. Bitcoin is not just safe. It’s prosperous.”

Max commented about the scammers in crypto and how El Salvador is managing it.

“We did a couple of things early on, one was to create The Bitcoin Office which will be directly reporting to the President, and then also we passed a law which will say bitcoin is money and everything else is an unregistered security,” said Max.

Mike Peterson stated, “the access of Bitcoin in Central America to do battle against the globalists that have always looked at the regionist back yard. This is intolerable and this is going to change right now.” After Mizrachi commented, “Imagine yourself in an economic block powered by El Salvador, supported by Panama and the rest will come.”

Stacy reminded everybody about El Salvador’s School system. 

“El Salvador is the first country in the world to have a comprehensive public school financial literacy education program from 7 years old,” mentioned Stacy. “These are little kids, learning financial literacy.”

Max ended the panel by saying, “the US game theory right? Because the US wants to buy a lot of Bitcoin, so if Panama wants to buy a lot of bitcoin then it helps everybody in the US. This is the beautiful expression of game theory perfectly aligned in the protocol that is changing the world that we live in. And on the street level what bitcoin does to the population is to go from a spending mentality to a saving mentality.”

You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below:

This post Panama City Mayor Mizrachi: “Bitcoin Is Not Just Safe, It’s Prosperous” first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 9c9d2765:16f8c2c2

CHAPTER THIRTY THREE

“Rita, have the board members all arrived?” James asked as he adjusted the cuff of his tailored suit, his gaze fixated on the skyline from the glass-paneled office.

Rita nodded, stepping forward with a poised demeanor. “Yes, everyone is seated in the executive conference hall. They’re waiting for your address.”

James exhaled slowly. The significance of today wasn’t lost on him. This wasn’t just another board meeting, it was a landmark moment for JP Enterprises. For the first time in its sixteen-year history, the company was about to unveil a cross-national initiative that would stretch across continents supporting small businesses in underdeveloped economies.

He turned to face her, his eyes steady and thoughtful. “Let’s go give them a future.”

They walked side by side down the corridor, the reborn heir who had weathered every storm, and she, the unshakable ally who had believed in him when the world turned its back.

As James entered the conference room, the murmurs ceased. Heads turned. His presence demanded attention not by force, but through quiet, commanding authority born of earned respect.

Clearing his throat, he began, “Ladies and gentlemen, thank you for your presence. Today, we don’t just discuss figures or projections. Today, we choose our purpose. We choose legacy.”

A pause.

“I remember a time when I couldn't afford a meal. A time I was turned away at doors simply because I didn’t wear the right name or the right shoes. But I stand here not to recount hardship, but to celebrate transformation. This company was built not just by wealth but by the spirit of resilience. That same spirit will now be passed on to those who need it most.”

As he laid out the new project The Global Uplift Program a wave of admiration filled the room. This was no ordinary CEO. He wasn’t driven by profit margins but by principle. Investors leaned forward, inspired. Executives exchanged nods of approval. The decision was unanimously supported.

After the meeting, James returned to his office, greeted by the soft rustle of papers on his desk and a fresh bouquet sent anonymously, though he suspected his mother’s doing.

He sat down, leaned back in his chair, and closed his eyes for a moment.

The weight of betrayal, humiliation, and survival still lingered somewhere deep within, but above it now stood something stronger: peace. And fulfillment.

Just as he opened his eyes, a message popped up on his phone.

“You truly are your father’s son.” Mr. JP

A small smile touched his lips.

Outside the building, media vans parked along the curb. Reporters no longer hounded him with accusations, but with admiration. His name was now synonymous with strength, philanthropy, and innovation.

At that same moment, in a correctional facility not too far from the city, Helen sat by a barred window, her fingers trembling as she flipped through a newspaper. There, on the front page, was James“The Visionary President Leading Global Change.”

She tore the paper apart, rage bubbling inside. But what neither she nor Mark could change now was the tide. The world had moved on without them. And James had not only survived the storm they had unknowingly paved the way for his rise.

Back at JP Tower, Rita stepped into James’s office with two cups of coffee.

“One step closer,” she said, handing him his cup.

James took it with a nod. “And several more to go.”

The days that followed the anniversary were filled with unprecedented acclaim for James and JP Enterprises. The company’s prestige soared, and investors from around the globe began to express renewed interest in partnerships, not just for profit, but for the integrity James now represented. Business magazines lined their covers with his image, captioning headlines like “From Outcast to Tycoon: The Man Who Redefined Corporate Leadership.”

But while the surface shone with triumph, James knew that power always came with a price. Success, he had learned, not only attracted admiration it also bred envy.

In the quiet solitude of his office one evening, the golden hue of dusk spilled through the tall windows, casting long shadows across his desk. James sat alone, flipping through a file that detailed upcoming philanthropic ventures. A sense of calm filled the air, but his mind wandered.

He leaned back, staring up at the ceiling. For the first time in years, he wasn't fighting to survive. But in the corners of his mind lingered the betrayals he had endured Tracy’s treachery, Helen’s humiliation, Mark’s attempts to destroy him.

A soft knock interrupted his thoughts.

“Come in,” he called out.

Rita stepped in, holding a folder. “These are the final sign-offs for the Global Uplift Project’s first rollout. Would you like to go through them now?”

James gave a slight nod. “Leave them here, Rita. I’ll take a look before I leave.”

She hesitated for a second before speaking again, “There’s something else… There’s talk that Helen’s lawyers are trying to petition for her early release. And Mark… he’s been corresponding with a journalist. Apparently, he’s planning to publish a book about his version of everything.”

James let out a quiet, wry laugh. “Desperation has many disguises. Let them write, let them scream. The truth has already been witnessed by the world.”

Rita approached the desk, placing the folder down gently. “Still, should we consider preemptive legal action?”

James looked up at her, his eyes calm yet unyielding. “No. Let them bark. Their voices only echo in the dark corners they’ve created for themselves. We’ve got bigger visions to focus on.”

She smiled. “Very well, sir.”

As Rita left, James stood up and walked toward the window. Below, the city pulsated with life cars streaming like veins of light, buildings gleaming beneath the skyline like monuments of ambition.

He thought about the young man he used to be, sleeping on benches, mocked and shamed, barely surviving. And now standing at the helm of a global empire he had not only restored his name but redefined what legacy truly meant.

In another part of the city, in a modest home filled with the smell of fried plantains and old books, an elderly man watched James’s latest interview on TV.

“That boy,” he muttered, sipping tea, “I knew there was something special in him. Look at him now… the whole city in his hands.”

His wife chuckled from the kitchen, “Wasn’t he the one you gave an old coat to during that harsh winter? The one who said thank you with tears in his eyes?”

Weeks after the grand anniversary, JP Enterprises had solidified its place not only as a corporate titan but also as a beacon of transformation and resilience. Its rise under James's leadership was being studied in business schools, discussed in boardrooms, and celebrated in communities that had once dismissed him as nothing more than a wayward vagabond.

Despite the applause, James remained grounded. His vision had always been larger than wealth. He wasn’t driven merely by the desire to prove others wrong, but by a calling to empower the voiceless, the unseen, broken versions of himself he’d once been.

@ 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

@ cf8c27f4:c95b9b5c

The Weimar Hyperinflation Nightmare

It’s 1921. Germany’s reeling from World War I, crushed by reparations and a wrecked economy. The government’s solution? Print money. Lots of it. The German mark starts tanking. By 1923, it’s a joke—4.2 trillion marks to one U.S. dollar. A loaf of bread costs wheelbarrows of cash. Savings? Wiped out. Middle-class families? Pauperized. Chaos.

Enter Hugo Stinnes, a coal and steel magnate with a sharp mind and sharper instincts. He sees the game: when a currency’s dying, debt is your friend. Why? Because the real value of your loans shrinks as inflation skyrockets. Borrow 1 million marks today, buy a factory, and by next year, that million’s worth a few pennies. Pay it back, keep the factory, repeat.

Stinnes’ Master Play

Stinnes goes all in. He borrows billions of marks, snapping up hard assets—steel mills, shipping lines, factories, real estate. Tangible stuff that holds value while paper marks turn to confetti. By 1923, his empire is a beast: over 1,500 companies, from coal mines to newspapers. Estimates say he controlled 15-20% of Germany’s industry, maybe more. A third of the economy? Probably an exaggeration, but the guy was a titan.

He wasn’t just lucky. Stinnes played 4D chess. He diversified his holdings to weather the storm, employed tens of thousands (keeping unrest at bay), and even argued his empire stabilized the economy. Critics, like British diplomat Lord D’Abernon, weren’t buying it—they called him a profiteer who thrived while others starved. Truth? Probably somewhere in the middle.

The Fall

Hyperinflation couldn’t last forever. In November 1923, Germany introduced the Rentenmark, a new currency backed by land and assets. The mark’s freefall stopped. Stinnes’ debt-fueled strategy hit a wall—stable currencies make loans harder to game. His health was failing too. He died in 1924, and his conglomerate started unraveling, with parts sold off or restructured. The Inflation King’s reign was over.

Why This Matters Today: Enter Bitcoin

Stinnes’ story isn’t just a history lesson—it’s a warning. Hyperinflation destroys trust in fiat money. When governments print cash to cover debts, savers get crushed, and the clever (or ruthless) like Stinnes exploit the chaos. Sound familiar? Look at today: global debt’s at $315 trillion, central banks are juggling interest rates, and inflation’s eating purchasing power. Argentina’s peso lost 50% of its value in 2024 alone. Venezuela’s bolívar? Toast.

This is where Bitcoin comes in. Born in 2009 after the financial crisis, Bitcoin is a hedge against fiat’s flaws. Unlike marks or dollars, it’s decentralised—no government can print more to pay its bills. Its supply is capped at 21 million coins, making it “digital gold.” When fiat currencies wobble, Bitcoin’s value often spikes—check its 2021 and 2024 bull runs during inflation fears.

Stinnes gamed a broken system by betting on hard assets. Today, Bitcoiners are doing the same, but instead of factories, they’re stacking sats. Why? Because in a world where fiat can be printed to oblivion, a deflationary asset like Bitcoin holds appeal. It’s not perfect—volatility’s a beast, and governments hate what they can’t control—but it’s a response to the same problem Stinnes faced: untrustworthy money.

The Lesson

Stinnes saw the Weimar collapse coming and turned it into wealth. Most didn’t. Today, you don’t need to be a tycoon to protect yourself, but you do need to understand the game. Fiat’s not collapsing tomorrow, but cracks are showing. Bitcoin’s one tool—maybe not the only one—to hedge against that risk. Study history, question the system, and don’t get caught holding the bag.

@ 527337d5:93e9525e

# Exploring the Niche of Conspiracy Theory Markets: A Probabilistic Approach and Sales Condition Analysis on Japanese Online Flea Markets (Subtitle: Unveiling the Surprising Realities of a Niche Market Through Data Analysis and AI)

(Note: This research analyzes consumer reactions and product characteristics in a specific market based on data. It does not endorse conspiracy theories nor promote or encourage any illegal or fraudulent activities.)

1. Abstract

This study aimed to clarify, from a probabilistic perspective, what combinations of information (topic x manipulation category) tend to attract attention and how pricing strategies affect sales of products marketed towards "conspiracy theorists" on online flea markets in Japan. Using an analogy from drug discovery's structural exploration, this research explored "information combinations" in products that resonate with individuals interested in conspiracy theories. Specifically, products were generated (some with AI assistance) based on defined topic categories (e.g., T1: Technology/Security) and manipulation categories (e.g., M1: Avoidance). The logarithm of the reaction rate (views / (searches + 1)) was used as a score for analysis, and the impact of pricing strategies (e.g., fixed at 5000 JPY, phased discounts) was examined. Results indicated that certain combinations (e.g., T3: Occult/Spiritual - M1: Avoidance) showed relatively high reaction rates. However, the effect of price changes was not uniform, and the total weekly views for this market segment remained around 100-120. Consequently, it was concluded that the scale of this specific market on the online flea market platform is extremely small. Therefore, even with a probabilistic model waiting for "hits" similar to those in certain types of specialized fraud schemes, achieving consistent sales is difficult due to the limited population size. This study serves as a case example of the possibilities and limitations of data-driven approaches in niche markets.

2. Introduction: Conspiracy Theories and Niche Market Potential

2.1. The Spread and Background of Conspiracy Theories in Modern Society

In contemporary society, conspiracy theories are proliferating at an unprecedented rate, facilitated by the internet and social media. These narratives typically allege that secret machinations by powerful individuals or groups lie behind specific events or social phenomena. Themes range испанский large-scale theories like QAnon to those concerning health and medicine. It has been pointed out that the psychology of those who believe in conspiracy theories may be influenced by factors such as anxiety in uncertain situations, a cognitive tendency to seek patterns, or distrust of existing authorities.

2.2. Research Motivation

The starting point for this research was a simple question: "Specialized fraud schemes, often succeed by identifying a very small number of 'susceptible individuals' out of numerous attempts. Might a similar probabilistic structure exist in the sale of products targeting those interested in conspiracy theories?" If so, it was hypothesized that it might be possible to identify which products, under what conditions, would have a higher probability of catching the "target's" eye and attracting interest.

2.3. Purpose of this Study

The purpose of this study is to exploratorily clarify, based on data, how "information combinations" (combinations of topic categories and manipulation categories) and "pricing strategies" of products ostensibly related to conspiracy theories affect user attention (using "reaction rate" as a proxy indicator) in a real-world online flea market environment. Ultimately, it aims to consider the possibilities and limitations of sales strategies in this type of niche market.

3. Research Perspective and Approach: Exploring "Information Combinations"

3.1. Analogy to Drug Discovery

In exploring the characteristics of products that resonate with conspiracy theorists, this study employed an analogy to "structural exploration problems" in drug discovery. In drug development, researchers search for optimal structures with specific effects from countless combinations of chemical structures. Similarly, "products that conspiracy theorists react to" were viewed as a type of "substance with an effect," and the "information combination of a product" (e.g., product theme, appeal points) was considered equivalent to a "chemical structure." Based on this framework, products with various information structures were generated and listed, and their reception was observed to explore more "effective" information structures, i.e., conditions likely to attract attention.

3.2. Balancing Exploration and Exploitation

In the initial research phase, with scarce data on which product combinations would attract attention, it was necessary to efficiently identify promising combinations. Therefore, an approach was adopted that considered the balance between "exploiting" combinations already known to be somewhat popular and "exploring" untried, unknown combinations. This shares a basic conceptual similarity with strategies like Thompson Sampling or the ε-greedy method, known in the field of reinforcement learning, which aim to achieve the best results within a limited number of trials.

4. Research Methodology: Experiments and Data Analysis on an Online Flea Market

4.1. Experimental Field and Period

The experiments for this study were conducted on an anonymous online flea market platform in Japan. The data collection period for individual products was, in principle, one day, and the overall research project spanned approximately one month (late April to late May 2025).

4.2. Product Categorization

To organize and analyze the characteristics of the listed products, they were categorized along the following two axes:

• Table 1: Definition of Main Product Topic Categories (T1-T4) (See Appendix 10.1 for details)
  • T1: Technology & Security
  • T2: Surveillance, Censorship & Government-Related
  • T3: Occult & Spiritual
  • T4: Forbidden Books & Knowledge Management
• Table 2: Definition of Product Manipulation Categories (M1-M3) (See Appendix 10.2 for details)
  • M1: Avoidance (e.g., avoiding electromagnetic waves)
  • M2: Detection (e.g., detecting hidden information)
  • M3: Approach/Processing/Amplification (e.g., approaching specific energies, processing information)

4.3. Listing Strategy and Data Collection

• Initial Listing Strategy: Initially, products were selected so that the listing ratio of the T×M combinations (12 in total) would be uniform.
• Sequential Adjustment of Listing Ratios: As data collection progressed, the logarithm of the reaction rate (log(reaction_rate)), a proxy for attention described later, was treated as a likelihood. The listing ratio for each T×M combination was then dynamically changed пропорционально to this value.
• Data Collection Items: Cumulative views (recorded as watch in this study) and search hits (recorded as search), updated every 24 hours by the online flea market platform, were manually recorded for each product. Since these figures did not change except at the time of updating, daily recording was sufficient.
• Listing Timing: New product listings were consistently made at 21:00 daily to eliminate variations in viewing trends due to time of day.
• Sample Size Criterion: Considering the 12 T×M combinations, a total sample size (number of listed products) of N=100 was considered a benchmark, also factoring in the time and effort of listing. The final analysis included 98 products.

4.4. Scoring of Attention

To measure how much attention users paid to product information, the following indicators were defined:

• Reaction Rate (reaction_rate): Defined as reaction_rate = watch / (search + 1). This represents the proportion of users who actually viewed the individual product page (watch) among those who encountered the product in search results or elsewhere (search). Adding 1 to the denominator was to avoid division by zero if search hits were 0 and to mitigate the impact of extremely low search hit counts.
• Score (score): Defined as score = log(reaction_rate) - log(0.5). Taking the logarithm of the reaction rate was confirmed to make the data distribution closer to a normal distribution (see Figure 1 below), facilitating statistical analysis. Subtracting log(0.5) was done to make a 50% reaction rate (half of those who searched viewed the page) the baseline (score 0), making it easier to compare attention levels relatively.

4.5. Verification of Pricing Strategies

The following experiments were conducted to verify the impact of product pricing on attention:

• Initial Pricing: Initially listed products were priced at a fixed 5000 JPY.
• Phased Discount Experiment: For some products, the listing price started at 5000 JPY and was discounted by 100 JPY at daily intervals. Cumulative views and search hits were recorded at each step (data recorded in "Daily Change Data.xlsx").
• Later Price Changes: In the latter half of the research, hoping to elicit more reactions, some products were priced around 3000 JPY, and eventually, all products were priced at 1500 JPY to observe reactions.
• Approach to Analyzing Price/Image Effects: The impact of price changes or product image alterations on attention was considered by applying the principles of DiD (Difference in Difference) analysis, comparing changes in data under different conditions, rather than through rigorous statistical analysis.

4.6. AI-Generated Product Descriptions

Some of the product descriptions were generated using Google's Gemini API. Prompts, in a format similar to the query variable in "Conspiracy_Research.ipynb," instructed the AI to generate descriptions aligning with conspiracy-related contexts by combining specified topic (e.g., T3: Occult & Spiritual) and manipulation (e.g., M1: Avoidance) keywords.

4.7. Analysis of Day-of-Week Effects

To evaluate the impact of the listing day of the week on attention, scores for each product, adjusted by subtracting the overall average score, were aggregated by day of the week and observed for trends.

5. Results: What Attracted Attention and What Didn't

5.1. Distribution of Attention Scores

First, the distribution of attention scores (log(reaction_rate) - log(0.5)) for all products was examined.

Figure 1: Q-Q Plot of log(reaction_rate) Vertical Axis: Ordered Values, Horizontal Axis: Theoretical quantiles | Ordered Values | Theoretical quantiles | | :-------------: | :--------------------: | | Approx. -1.7 | Approx. -1.5 | | Approx. -1.2 | Approx. -1.0 | | Approx. -0.8 | Approx. -0.6 | | Approx. -0.6 | Approx. -0.3 | | Approx. -0.1 | Approx. 0.0 | | Approx. 0.1 | Approx. 0.2 | | Approx. 0.3 | Approx. 0.3 | | Approx. 0.4 | Approx. 0.5 | | Approx. 0.5 | Approx. 0.7 | | Approx. 1.0 | Approx. 0.9 | | Approx. 1.5 | Approx. 1.6 | (Source: log(reaction_rate)よし、正規分布の仮定でいいらしい.jpg)

This Q-Q plot shows that the data points for log(reaction_rate) fall approximately on a straight line, suggesting that the distribution is close to normal. This supports the validity of statistical analysis using the log-transformed score. Furthermore, a histogram of the scores (generated as df["score"].hist() in "Conspiracy_Research.ipynb") showed that the scores were dispersed over a certain range.

5.2. "Information Combinations" That Attracted More Attention

Next, an analysis was conducted to determine which "information combinations" in products garnered higher attention scores.

• Figure 2: Average Attention Score by Topic Vertical Axis: Average Score, Horizontal Axis: Topic | Topic | Average Score (Approx.) | | :---: | :--------------------: | | T1 | Approx. 0.1 | | T2 | Approx. 0.3 | | T3 | Approx. 0.8 | | T4 | Approx. 0.15 | (Source: np.log(reaction_rate)-np.log(0.5)_by_topic.png)

  When categorized by main topic, "T3: Occult & Spiritual" showed a markedly higher average score compared to other topics.

• Figure 3: Average Attention Score by Manipulation Category Vertical Axis: Average Score, Horizontal Axis: Subtopic | Subtopic | Average Score (Approx.) | | :------: | :--------------------: | | M1 | Approx. -0.1 | | M2 | Approx. 0.32 | | M3 | Approx. 0.43 | (Source: score_mean_by_subtopic.jpg)

  By manipulation category, "M3: Approach/Processing/Amplification" had the highest average score, followed by "M2: Detection," and then "M1: Avoidance." "M1: Avoidance" had a negative average score, indicating a relatively low level of attention.

• Figure 4: Ranking of Average Attention Scores by Topic × Manipulation Category Vertical Axis: Average Score, Horizontal Axis: Combination of Topic & Subtopic | Combination (T, M) | Average Score (Approx.) | | :-----------------: | :--------------------: | | (T1, M1) | Approx. -1.1 | | (T2, M2) | Approx. -0.2 | | (T4, M1) | Approx. -0.1 | | (T4, M3) | Approx. 0.05 | | (T1, M2) | Approx. 0.08 | | (T2, M3) | Approx. 0.5 | | (T2, M1) | Approx. 0.55 | | (T3, M2) | Approx. 0.7 | | (T3, M3) | Approx. 0.75 | | (T1, M3) | Approx. 0.9 | | (T4, M2) | Approx. 1.0 | | (T3, M1) | Approx. 1.05 | (Source: score_mean_by_topic_and_subtopic.jpg)

  For combinations of topic and manipulation categories, pairings like "T3(Occult & Spiritual) - M1(Avoidance)" and "T4(Forbidden Books & Knowledge Management) - M2(Detection)" ranked high, while "T1(Technology & Security) - M1(Avoidance)" and others scored low (see Appendix 10.3 for details). A note in the research log, "M1=Avoidance seems unpopular anyway," supports this trend.

5.3. Impact of Pricing Strategies

The impact of price changes on attention was not uniform.

• Figure 5: Schematic Comparison of Attention Trends for Fixed-Price vs. Discounted Products (Original Data: "5000 JPY Fixed.jpg", "Daily Change Data.xlsx", "Power of Discounting.jpg")

  • Trend Example for 5000 JPY Fixed-Price Products Vertical Axis: Indicator Value (0.0-0.8), Horizontal Axis: Period | Product Name | Initial Value | Mid Value | Final Value | | :------------------------------------------ | :-----------: | :-------: | :---------: | | Ancient Energy Amplifying Pen - Quantum Flow- | Approx. 0.65 | Approx. 0.3 | Approx. 0.25 | | Pen of Truth Evasion | - | - | - | | Knowledge Prohibition Evasion Pen | Approx. 0.22 | Approx. 0.22 | Approx. 0.25 | | Ancient Wisdom Writing Tool - Knowledge Leak Evasion Model | Approx. 0.32 | Approx. 0.55 | Approx. 0.54 | (Source: 5000円固定のもの.jpg)
  • Power of Discounting (Count Comparison) Vertical Axis: Count, Horizontal Axis: Indicator Value Range | Indicator Value Range | Discounted (Blue) | Not Discounted (Red) | | :------------------: | :---------------: | :------------------: | | 0.0-0.5 | 1 | 2 | | 0.5-1.0 | 8 | 2 | | 1.0-1.5 | 10 | 0 | | 1.5-2.0 | 9 | 0 | | 2.0-2.5 | 3 | 0 | | 2.5-3.0 | 1 | 0 | (Source: 値下げの威力.jpg)

  When prices were fixed at 5000 JPY, many products showed no significant change in attention ("It really doesn't change if you don't discount lol"). In contrast, for product groups that were progressively discounted, some cases showed impression/search (an indicator thought to be close to the click-through rate from search results) converging towards a specific value soon after discounting began (around the 3rd day) ("On the other hand, discounting makes impression/search converge to a proper value?").

• However, as noted in the research log, "Discounted products, if anything, got worse reactions...?", data in "Daily Change Data.xlsx" confirmed that for some products, views and search hits stagnated or even decreased after price reductions.

5.4. Linguistic Trends in Products That Attracted Attention

The research log contains the entry, "Products with good reactions, when vectorized by words, are mostly the same." This suggests commonalities in the words and phrases used in the descriptions of products that garnered high attention. Specifically, when a vector was assigned based on the position of words used from a predefined list (e.g., T1 category keyword list), products with high attention tended to have similar vectors. For example, keywords frequently appearing in conspiracy theories, such as "special technology," "protection from surveillance," "5G interference prevention," "thought control," "HAARP," "QR code nullification," or sensational appeals combining these, as devised in the "Conspiracy Theorist Ballpoint Pen Product Plan," could potentially attract a certain level of interest.

5.5. Data Collection Challenges

During the analysis, a challenge was identified: "Aggregating by T*M alone inevitably results in products that don't get search hits." This indicates that for certain niche combinations, products might not be sufficiently exposed by the online flea market's search algorithm, leading to extremely low view and search hit counts, thus making accurate attention assessment difficult.

6. Discussion: The Small Reality of the Conspiracy Market and Probabilistic Models

6.1. Interpretation of Information Combinations That Attracted High Attention

The results of this study showed a tendency for products related to "T3: Occult & Spiritual" and those appealing to "M3: Approach/Processing/Amplification" manipulations to gather relatively high attention. The combination "T3-M1 (Occult & Spiritual - Avoidance)" also scored highly. These tendencies might be interpretable in relation to the psychological characteristics of conspiracy believers described in the "Comprehensive Analysis of Modern Conspiracy Theories." For instance, the "Occult & Spiritual" theme might appeal to an interest in phenomena unexplained by existing science or authority, or to a desire for special knowledge (a sense of being chosen). The "Avoidance" manipulation could resonate with vague anxieties and threat perceptions regarding society or technology (e.g., defense against electromagnetic waves, escape from surveillance), while "Approach/Processing/Amplification" might be perceived as fulfilling desires to access hidden truths or special powers.

6.2. Complexity of Pricing Strategies

Regarding pricing strategies, the results showed that simple discounting did not always lead to increased attention. The fact that some products experienced worse reactions after discounting suggests that price might function as a signal of quality or trustworthiness, or that the price sensitivity of the target demographic is not uniform. Alternatively, the initial pricing (5000 JPY) might have been significantly outside the typical price range for this niche market, thus limiting the effectiveness of discounts.

6.3. Market Size Estimation and Validation of the "Probabilistic" Model

One of the most crucial findings of this research relates to market size. The research log states, "Even with discounting, weekly views settled around 100-120. This reasonably implies that only about this many people on the online flea market react to such comprehensively sprinkled conspiracy-related words." Based on this observation, the active user base (market size) on the online flea market studied, who proactively react to the keyword "conspiracy theory" and search/view related products, was estimated to be extremely small, around 100 individuals on a weekly basis.

This market size estimation casts significant doubt on the validity of the initial research motivation: a "probabilistic business model similar to specialized fraud." Specialized fraud schemes profit by reaching a certain number of "targets" through a vast number of attempts (e.g., phone calls), even with a very low success rate. However, in the market targeted by this study, the potential customer base (population) is absolutely too small. Therefore, even if the probability of attracting attention could be somewhat increased, translating this into actual sales (y=1, i.e., a sale occurring) is considered extremely difficult. To quote the research log, the conclusion is that "the population is too small for a realized value (y=1) to be feasible." If the market size were, for example, around 100,000, a 0.01% reaction rate could be expected to yield 10 sales, but this premise does not hold in the current situation.

6.4. Effectiveness and Limitations of This Research Approach

The approach of exploring "information combinations," using an analogy to drug discovery, demonstrated some effectiveness in probing product appeal points and the interests of the target demographic in a niche market. Using proxy indicators like reaction rates allows for an understanding of attention trends even when actual sales data is scarce. However, the limitations of this approach also became clear. If the market size itself is a major constraint for business viability, then optimizing information structure, no matter how well, is unlikely to lead to substantial results.

6.5. Fixation on "Pens" as a Product and Other Possibilities

The research log includes the insight, "I see products like 'CMC' are selling, maybe I should have sourced and sold those instead of fixating on pens." This suggests that the "pen" product category, which was the main focus of this study, might not have been the most in-demand item in this niche market. If a similar analytical approach had been tried with products more aligned with market needs (e.g., health accessories, also mentioned in the log), different results might have been obtained. However, as the researcher pointed out, delving that far would go beyond the scope of a hobby and become a full-fledged business, so it was not pursued in this study.

7. Conclusion and Future Outlook

7.1. Summary of This Study

This study attempted to identify conditions (information combinations, pricing) for maximizing the attention received by conspiracy-related products on an online flea market, using a data-driven approach. The results confirmed that certain combinations of topics (Occult & Spiritual) and manipulation categories (Avoidance, Approach, etc.) tended to show relatively high reaction rates. However, the impact of price changes was complex and did not yield consistent effects. The most significant conclusion was that the scale of this niche market on the online flea market in question is extremely small, suggesting that applying a probabilistic "hit-or-miss" business model would make achieving stable sales difficult.

7.2. Implications of the Statistical Approach

This research demonstrated that even in niche markets with limited data, setting proxy indicators like reaction rates and employing exploratory approaches (experimental design, sequential improvement) can provide certain insights into market characteristics and consumer interest directions. Statistical thinking and data analysis can serve as a "compass" to aid decision-making even in such tentative situations.

7.3. Future Outlook

Based on the findings of this study, the following future prospects can be considered: * Validation on Larger Platforms: Conducting similar research on platforms with a larger user base might alleviate market size constraints and yield different results. * Application to Different Niche Markets: The "information combination exploration" approach used in this study could potentially be applied to product development and marketing strategies in various niche markets other than conspiracy theories. * Long-Term Observation: Based on the research log's reflection that "conspiracy business... it should be optimal to leave [products] there so they catch the eye when an idiot searches," observing product attention and sales over a longer period might yield different insights.

8. Research Limitations

This study has several limitations: * Limited Scope of Platform: The experiments were confined to a specific online flea market, and the results may not be generalizable to other platforms or the market as a whole. * Use of Proxy Indicators: "Reaction rate" of attention was used as the primary evaluation metric, rather than actual "sales" data, so it does not necessarily directly correlate with sales performance. * Sample Size Constraints: The number of products analyzed was 98, and the estimated market size was also small (around 100 weekly users), limiting statistical power. * Lack of Word-Level Analysis: Detailed analysis of the impact of individual words or phrases in product descriptions on attention, using advanced text mining or natural language processing, was not conducted.

9. References

• BBC News Japan. (2020, August 29). "QAnon to wa nani ka: Inbouron shuudan no shoutai to mokuteki, kikensei" [What is QAnon: The identity, purpose, and danger of the conspiracy theory group].
• Waseda University Institute for Advanced Social Sciences. (2022, August 1). "【Kenkyuu Shoukai】Inbouron wa naze hirogaru no ka? Sono shinri mekanizumu ni semaru" [(Research Introduction) Why do conspiracy theories spread? Approaching the psychological mechanism].
• Brotherton, R., French, C. C., & Pickering, A. D. (2013). Measuring belief in conspiracy theories: The generic conspiracist beliefs scale. Frontiers in psychology, 4, 279.

10. Appendix

10.1. Table: Detailed Definitions of Main Product Topic Categories (T1-T4)

| Category ID | Category Name | Summary/Keyword Examples | | :---------- | :------------------- | :--------------------------------------------------------------------------------------- | | T1 | Technology & Security | EMF, 5G, electromagnetic waves, radiation, shielding, communication, encryption, software, programs, biometric authentication, etc. | | T2 | Surveillance, Censorship & Government-Related | Surveillance, censorship, government secrets, secrets, documents, records, government documents, etc. | | T3 | Occult & Spiritual | Orb detection, spiritual phenomena, pendulums, ancient civilizations, alien contact, energy, crystals, chakras, quantum consciousness, etc. | | T4 | Forbidden Books & Knowledge Management | Ancient texts, forbidden books, ancient languages, shortwave (retro technology), etc. |

10.2. Table: Detailed Definitions of Product Manipulation Categories (M1-M3)

| Category ID | Category Name | Summary/Keyword Examples | | :---------- | :--------------------------- | :--------------------------------------------------------- | | M1 | Avoidance | Shielding, soundproofing, prevention, avoidance (e.g., avoiding negative energy) | | M2 | Detection | Detectors, finders, detection devices, deciphering (e.g., detecting hidden information) | | M3 | Approach/Processing/Amplification | Processing, amplification, magnification (e.g., approaching and amplifying ancient knowledge) |

10.3. Table: Summary of Main Analysis Results (Examples of High/Low Average Attention Scores by Topic × Manipulation Category)

| Combination (T-M) | Average Score (Approx.) | Trend | | :---------------- | :---------------------- | :----------------- | | T3 - M1 | High | Attracts attention | | T4 - M2 | High | Attracts attention | | T1 - M3 | Medium-High | Relatively attentive | | T2 - M3 | Medium | Somewhat attentive | | T1 - M1 | Low (Negative) | Less attention | | T2 - M1 | Low (Negative) | Less attention | (Note: The scores above are approximate values from the figures and actual precise numbers are based on the original data.)

10.4. Representative Examples of AI-Generated Product Descriptions

Basic Prompt Structure Example: "I want to sell {word} at a high price. Combine one from {maintopic} and {manipulation} to create a product description and an appropriate price. Respond in the format: 'Main Topic Category (T1-T4)':'Manipulation Category (M1-M3)':'Product Name':'Product Description':'Price' only once. Absolutely adhere to the specified {maintopic} and {manipulation}. No other output is necessary. Respond in Japanese." (Placeholders like {word} would be filled with "ballpoint pen," {maintopic} with "T3," and {manipulation} with "M1," etc., as specific instructions.)

Generated Example (Combination T3 - M1): * "Thought Shield Ballpoint Pen: This pen was specially created to powerfully block and evade external negative thoughts and spiritual interference through the sacred act of writing. Based on ancient esoteric arts and quantum consciousness theory, a special energy shield sealed inside the pen protects your thought space and personal field. Using it when signing important contracts or for work requiring concentration helps defend against malice and unnecessary energy, maintaining clear thought. The act of holding it itself becomes a powerful barrier, effectively evading unnecessary energies in daily life." * "Quantum Shield Energy Pen: The act of writing with this pen deploys a quantum shield around your energy field. It is expected to block and evade negative energies and unnecessary external influences, and to balance your chakras. This is a limited-production item using special manufacturing methods and rare materials."

@ cf8c27f4:c95b9b5c

Bitcoin’s Path to Global Dominance: Store of Value, Medium of Exchange, and the Road to a Bitcoin Standard

Bitcoin has ignited a financial revolution, captivating everyone from tech enthusiasts to institutional investors. Yet, amidst its meteoric rise, a tantalising question emerges: Could Bitcoin become the world’s reserve currency, relegating fiat currencies to the history books? This vision—a global Bitcoin standard—stirs intense debate within the community. Some champion Bitcoin as a Store of Value (SOV), a digital equivalent to gold, while others insist its future lies in becoming a Medium of Exchange (MOE), used for everyday transactions. With conflicting perspectives and community members at varying points in their Bitcoin journey, it’s time to unpack these ideas and chart a unified course.

This article delves into the interplay between Bitcoin’s SOV and MOE roles, examines the hurdles to widespread adoption, and proposes a roadmap for Bitcoin to claim global reserve status. My goal is to ignite a vibrant discussion, bridge divides, and encourage the Bitcoin community to rally around a shared vision for the future.

The Building Blocks: What Are SOV and MOE?

To kick things off, let’s define the two pillars of this debate:

• Store of Value (SOV): An asset that holds or grows its worth over time, offering a dependable way to preserve wealth. Think gold, a classic example cherished for millennia.

• Medium of Exchange (MOE): A tool for transactions, enabling the seamless exchange of goods and services. Today, fiat currencies like the pound or dollar reign supreme in this domain.

Bitcoin’s allure stems from its unique traits: a capped supply of 21 million coins, a decentralised network, and immunity to censorship. These qualities position it as a contender to replace both gold and fiat money—but the journey is complex, and the community’s views are far from aligned.

Where We Stand: Bitcoin as Digital Gold

Bitcoin’s ascent has been propelled by its prowess as a Store of Value. Early adopters, savvy investors, and even big institutions have embraced it as a shield against inflation, economic turmoil, and the erosion of fiat value. Its scarcity—hardwired into its code—has cemented the “digital gold” narrative, drawing in those seeking a safe haven in uncertain times.

But here’s the rub: while Bitcoin shines as an SOV, it’s rarely used as an MOE. Its price swings, technical limitations, and patchy acceptance by merchants make it a tough sell for buying a pint or a loaf of bread. Many in the community—think of figures like Michael Saylor—preach the gospel of “hodling,” urging followers to stash Bitcoin away and watch its value soar. This strategy has paid off handsomely for some, but it begs a bigger question: Can Bitcoin rule the world if it remains a speculative treasure rather than a working currency?

The Adoption Puzzle: Bridging SOV and MOE

For Bitcoin to leap from a niche asset to the global reserve currency, it must become a widely accepted Medium of Exchange. This evolution matters for several reasons:

• Real-World Use Fuels Demand: When Bitcoin powers transactions, its value ties to tangible activity, not just market hype.

• Network Strength: More users mean a tougher, more valuable network—a classic network effect.

• Price Stability: Broader adoption could smooth out Bitcoin’s wild price rides, making it more practical for daily use.

Yet, hurdles abound. Bitcoin’s volatility is a dealbreaker for many—who’d spend it on a takeaway if it might double in value overnight? Then there’s the issue of “whales” or “max hodlers,” those holding vast swathes of Bitcoin. If too much of the supply sits idle, it starves the liquidity needed for an MOE to thrive.

The Hodler Debate: To Spend or Not to Spend?

A spirited clash within the community revolves around these large holders. Should they—like Saylor or early adopters—dip into their stacks to kickstart adoption? Hodling bolsters Bitcoin’s scarcity and SOV credentials, no doubt. But if the bulk of Bitcoin stays locked up, it could stall the growth of a bustling, transactional ecosystem.

Let’s be fair: hodling has been a winning play for many, turning small investments into fortunes. It’s a stretch to demand these pioneers shoulder the adoption burden alone. As Bitcoin weaves into the fabric of commerce—think businesses accepting it or workers earning it—transactional demand will rise organically. Over time, this could nudge even the staunchest hodlers to spend a bit, striking a balance between saving and circulating.

Growth and Stability: A Natural Progression

Bitcoin’s Compound Annual Growth Rate (CAGR) offers another angle. As its market cap balloons, its explosive growth is likely to taper off—a standard pattern for any asset. This slowdown could usher in greater stability, a boon for its MOE ambitions. Less volatility means less risk when spending Bitcoin, paving the way for it to move beyond investment portfolios and into wallets for everyday use.

This shift could redefine Bitcoin’s story, transforming it from a rollercoaster ride to a dependable currency. Voices like Jeff Booth and Jack Dorsey argue that MOE success is the key to sustaining Bitcoin’s SOV status. In short, while SOV lit the fuse, MOE could keep the fire burning.

The Blueprint: Steps to a Bitcoin Standard

So, how does Bitcoin ascend to world reserve status and birth a Bitcoin standard? Here’s a five-step vision:

1. SOV Momentum: Bitcoin’s allure as an inflation hedge and wealth preserver keeps drawing in holders, boosting its market cap and global clout.

2. MOE Infrastructure: Innovations like the Lightning Network must deliver fast, cheap transactions, making Bitcoin a practical choice for daily spending.

3. Value Stability: As adoption spreads and the market matures, Bitcoin’s price swings dampen, earning trust from users and merchants alike.

4. MOE Takeoff: With better tools and steadier value, Bitcoin becomes a go-to for transactions, amplifying its worth through a powerful network effect.

5. Global Crown: Governments and central banks start holding Bitcoin in reserves, using it for trade and settlements, cementing its place as the world’s reserve currency.

This isn’t a cakewalk. Scalability bottlenecks, regulatory pushback, and rival cryptocurrencies loom large. But if Bitcoin can clear these obstacles, it could become the backbone of global finance.

Harmony Over Division: SOV and MOE Together

Here’s the crux: SOV and MOE aren’t at odds—they’re partners in Bitcoin’s rise. Holding Bitcoin safeguards its scarcity and value; spending it spreads its reach and usefulness. Both are vital for the long haul.

At this pivotal moment, the Bitcoin community must rally around a dual-purpose ethos. We can:

• Educate: Help newcomers grasp Bitcoin’s twin roles as SOV and MOE.

• Innovate: Back tech that makes Bitcoin spending as easy as swiping a card.

• Talk: Host open forums to wrestle with differences and find unity.

The Final Word: Our Collective Challenge

Bitcoin’s shot at becoming the world’s reserve currency—and forging a Bitcoin standard—is as exhilarating as it is daunting. Its Store of Value roots have set the stage, but its Medium of Exchange potential will decide if it can topple fiat and redefine money itself.

The path is long, but the prize is transformative. By embracing both SOV and MOE, we can propel Bitcoin to new heights. Let’s grab this chance, dive into the debate, and build a future where Bitcoin leads the charge.

Your Turn: What’s the best way forward for Bitcoin? Should we lean harder into SOV, push MOE, or blend the two? Drop your thoughts below an

@ ef53426a:7e988851

Saturday 9AM It’s a chilly Saturday morning in Warsaw, and I don’t want to get out of bed. This is not because of the hangover; it’s because I feel like a failure.

The first day of Bitcoin FilmFest was a whirlwind of workshops, panels and running between stages. The pitch competition did not go my way. Another ‘pitching rabbit’ (an actual experienced film-maker) was selected to win the €3,000 of funding.

Rather than get up and search for coffee, I replay the scenes in my head. What could I have done differently? Will investors ever believe in me: I’m just a writer with no contacts in the industry. Do I have what it takes to produce a film?

Eventually, I haul myself out of bed and walk to Amondo, the festival’s morning HQ (and technically, the smallest cinema in Europe). Upon arrival, I find Bitcoin psychonaut Ioni Appelberg holding court in front of around a dozen enraptured disciples. Soon, the conversation spills out to the street to free up space for more workshops.

I attend a talk on film funding, then pay for coffee using bitcoin. I see familiar faces from the two previous nights. We compare notes on Friday night and check the day’s schedule. The morning clouds burn off, and things feel a little brighter.

The afternoon session begins just a few blocks away in the towering Palace of Culture and Science. My role in today's proceedings is to present my freedom fiction project, 21 Futures, on the community stage. Other presentations range from rap videos and advice on finding jobs in bitcoin to hosting ‘Bitcoin Walks’. This is how we are fixing the culture.

Saturday 8PM I feel a tap on my shoulder. ‘Excuse me, Mr. Philip. Your car is waiting. The Producers’ Dinner is starting soon’.

What? Me, a producer? I’ve been taking part in some panels and talks, but I assumed my benefits as a guest were limited to a comped ticket and generous goodie bag.

Soon, I am sharing a taxi with a Dubai-based journalist, a Colombian director, and the cypherpunk sponsor of the pitch competition I didn’t win.

The pierogies I dreamed of earlier that day somehow manifest (happy endings do exist), and we enjoy a raucous dinner including obligatory slivovitz.

Sunday 2AM The last few hours of blur include a bracing city-bike ride in a crew of nine attendees back to the Palace of Culture, chatting with a fellow bitcoin meetup organiser, and vaguely promising to attend a weekend rave with a crew of Polish artists and musicians on the outskirts of London.

I leave the party while it’s still in full swing. In five hours, I have to wake up to complete my Run for Hal in Marshal Edward Rydz-Śmigły Park.

---

Thursday 9PM The festival kicks off in Samo Centrum on Pizza Day. I arrive in a taxi straight from a cramped flight (fix the airlines!), having not eaten for around ten hours.

The infectious sounds of softly spoken Aussie bitrocker Roger9000 pound into the damp night. I’m three beers in, being presented by the organisers to attendees like a (very tall) show pony. I try to explain more about my books, my publishing connections, my short film.

When I search for the food I ordered an hour ago, I find it has been given away. The stern-faced Polish pizza maker shrugs. ‘You not here.’

I’m so hungry I could cry (six hours of Ryanair can do that to a man). And then, a heroic Czech pleb donates half a pizza to me. Side note: this same heroic pleb accidentally locked me out of my film-funds while trying to fix a wallet bug on Sunday night.

I step out into the rain. Roger9000 reminds us we should have laser eyes well past 100k. I take a bite of pizza and life tastes good.

---

The Films Side events, artists, late nights, and pitcher’s regret is all well and good, but what of the films?

My highlights included Golden Rabbit winner No More Inflation — a moving narrative with interviews from two dozen economists, visionaries, and inflation survivors.

Hotel Bitcoin, was a surprisingly funny comedy romp about a group of idiots who happen across a valuable laptop.

Revolución Bitcoin — an approachable and thorough documentary aimed to bring greater adoption in the Spanish-speaking world.

And, as a short-fiction guy, I enjoyed the short films The Man Who Wouldn’t Cry, a visit to New York’s only Somali restaurant in Finding Home.

---

Sunday 7PM The award ceremony has just finished. I head to Amondo for the final time to pay for mojitos in bitcoin and say goodbye to newly made friends. I feel like I’ve met almost everyone in attendance. Are you going to BTC Prague?!? we ask as we part ways.

Of course, the best thing about any festival is the people, and BFF25 had a cast of characters worthy of any art house flick:

• The bright-eyed and confident frontwoman of the metal band Scardust
• A nostr-native artist selling his intricate canvases to the highest zapper
• A dreadlocked DJ who wears a pair of flying goggles on his head at all times
• An affable British filmmaker explaining the virtues of the word ‘chucklesome’
• A Duracell-powered organiser who seems to know every song, person, film, book, and guest at the festival.

Warsaw itself feels like it has a role to play, too. Birdsong and green parks contrast the foreboding Communist-era architecture. The weather changes faster than my mood — heavy greys transform to bright sunshine. The roads around the venue close on Sunday for a political rally. And there we are in the middle, watching our bitcoin films.

Tuesday 10AM I’m at home now, squinting at my email inbox and piles of washing, wondering when the hell I’ll find time. The festival Telegram group is still buzzing with activity. Side events like martial arts tutorials, trips to a shooting range, boat tours. 5AM photos of street graffiti, lost and found items, and people asking ‘is anyone still around?’

This was not just a film festival. BFF is truly a celebration of culture — Art. Books. Comedy. Music. Video. Talk. Connection.

All this pure signal has lifted my spirits so much that despite me being a newbie filmmaker, armed only with a biro, a couple of powerpoints and a Geyser fund page, I know I will succeed in my mission. It turns out you can just film things.

You may have attended bitcoin conferences before — you know, the ones with ‘fireside chats’, VIP areas, and overpriced merch. Bitcoin FilmFest is a moment in time. We are fixing the culture, year after year, until art can flourish again.

As fellow author Aaron Koenig commented during a panel session, ‘In twenty years, we won’t be drawing laser eyes and singing about honey badgers. Our grandchildren won’t understand the change we went through.’

Would I do it all again? Of course!

Join me next June in Warsaw.
I’ll be the tall one presenting his short animation premiere.

---

Philip Charter is a full-time writer and part-time cat herder. As well as writing for bitcoin founders and companies, he runs the 21 Futures fiction project.

Find out more about theNoderoid Saga animation projecton Geyser.

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News

• Spiral welcomes Ben Carman. The developer will work on the LDK server and a new SDK designed to simplify the onboarding process for new self-custodial Bitcoin users.
• Spiral renews support for Dan Gould and Joschisan. The organization has renewed support for Dan Gould, who is developing the Payjoin Dev Kit (PDK), and Joschisan, a Fedimint developer focused on simplifying federations.
• The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation. The annual dues from these corporate members fund the small team of open-source developers responsible for maintaining the core BDK libraries and related free and open-source software (FOSS) projects.
• The European Central Bank is pushing for amendments to the European Union's Markets in Crypto Assets legislation (MiCA), just months after its implementation. According to Politico's report on Tuesday, the ECB is concerned that U.S. support for cryptocurrency, particularly stablecoins, could cause economic harm to the 27-nation bloc.
• Slovenia is considering a 25% capital gains tax on Bitcoin profits for individuals. The Ministry of Finance has proposed legislation to impose this tax on gains from cryptocurrency transactions, though exchanging one cryptocurrency for another would remain exempt. At present, individual 'crypto' traders in Slovenia are not taxed.
• The Virtual Asset Service Providers (VASP) Bill 2025 introduced in Kenya. The new legislation aims to establish a comprehensive legal framework for licensing, regulating, and supervising virtual asset service providers (VASPs), with strict penalties for non-compliant entities.
• Circle, BitGo, Coinbase, and Paxos plan to apply for U.S. bank charters or licenses. According to a report in The Wall Street Journal, major crypto companies are planning to apply for U.S. bank charters or licenses. These firms are pursuing limited licenses that would permit them to issue stablecoins, as the U.S. Congress deliberates on legislation mandating licensing for stablecoin issuers.

"Established banks, like Bank of America, are hoping to amend the current drafts of [stablecoin] legislation in such a way that nonbanks are more heavily restricted from issuing stablecoins," people familiar with the matter told The Block.

• Paul Atkins has officially assumed the role of the 34th Chairman of the US Securities and Exchange Commission (SEC). This is a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 under the George W. Bush administration. He has committed to advancing the SEC’s mission of fostering capital formation, safeguarding investors, and ensuring fair and efficient markets.
• Federal Reserve retracts guidance discouraging banks from engaging in 'crypto.' The U.S. Federal Reserve withdrew guidance that discouraged banks from crypto and stablecoin activities, as announced by its Board of Governors on Thursday. This includes rescinding a 2022 supervisory letter requiring prior notification of crypto activities and 2023 stablecoin requirements.

"As a result, the Board will no longer expect banks to provide notification and will instead monitor banks' crypto-asset activities through the normal supervisory process," reads the FED statement.

• Russian government to launch a cryptocurrency exchange. The country's Ministry of Finance and Central Bank announced plans to establish a trading platform for "highly qualified investors" that "will legalize crypto assets and bring crypto operations out of the shadows."
• Twenty One Capital is set to launch with over 42,000 BTC in its treasury. This new Bitcoin-native firm, backed by Tether and SoftBank, is planned to go public via a SPAC merger with Cantor Equity Partners and will be led by Jack Mallers, co-founder and CEO of Strike. According to a report by the Financial Times, the company aims to replicate the model of Michael Saylor with his company, MicroStrategy.
• Strategy increases Bitcoin holdings to 538,200 BTC. In the latest purchase, the company has spent more than $555M to buy 6,556 coins through proceeds of two at-the-market stock offering programs.
• Metaplanet buys another 145 BTC. The Tokyo-listed company has purchased an additional 145 BTC for $13.6 million. Their total bitcoin holdings now stand at 5,000 coins, worth around $428.1 million.
• Semler Scientific has increased its bitcoin holdings to 3,303 BTC. The company acquired an additional 111 BTC at an average price of $90,124. The purchase was funded through proceeds from an at-the-market offering and cash reserves, as stated in a press release.
• Tesla still holds nearly $1 billion in bitcoin. According to the automaker's latest earnings report, the firm reported digital asset holdings worth $951 million as of March 31.
• Spar supermarket experiments with Bitcoin payments in Zug, Switzerland. The store has introduced a new payment method powered by the Lightning Network. The implementation was facilitated by DFX Swiss, a service that supports seamless conversions between bitcoin and legacy currencies.

• Charles Schwab to launch spot Bitcoin trading by 2026. The financial investment firm, managing over $10 trillion in assets, has revealed plans to introduce spot Bitcoin trading for its clients within the next year.
• Arch Labs has secured $13 million to develop "ArchVM" and integrate smart-contract functionality with Bitcoin. The funding round, valuing the company at $200 million, was led by Pantera Capital, as announced on Tuesday.
• Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge utilizes the BitVM2 programming language to inherit validity from Bitcoin, allegedly providing "the safest and most trust-minimized way to use BTC in decentralized finance."
• UAE-based Islamic bank ruya launches Shari’ah-compliant bitcoin investing. The bank has become the world’s first Islamic bank to provide direct access to virtual asset investments, including Bitcoin, via its mobile app, per Bitcoin Magazine.
• Solosatoshi.com has sold over 10,000 open-source miners, adding more than 10 PH of hashpower to the Bitcoin network.

"Thank you, Bitaxe community. OSMU developers, your brilliance built this. Supporters, your belief drives us. Customers, your trust powers 10,000+ miners and 10PH globally. Together, we’re decentralizing Bitcoin’s future. Last but certainly not least, thank you@skot9000 for not only creating a freedom tool, but instilling the idea into thousands of people, that Bitcoin mining can be for everyone again," said the firm on X.

• OCEAN's DATUM has found 100 blocks. "Over 65% of OCEAN’s miners are using DATUM, and that number is growing every day. This means block template construction is making its way back into the hands of the miners, which is not only the most profitable

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Bitcoin Magazine

The Debt Train Has No Brakes: Lyn Alden Makes the Case for BTC at Bitcoin 2025

“Nothing stops this train,” Lyn Alden initially stated at Bitcoin 2025, walking the audience through a data-rich presentation that made one thing clear: the U.S. fiscal system is out of control—and Bitcoin is more necessary than ever. 

Her first chart, sourced from the Federal Reserve’s FRED database, displayed a stark decoupling: the unemployment rate is down, yet the fiscal deficit has surged past 7% of GDP. “This started around 2017, went into overdrive during the pandemic, and hasn’t corrected,” Alden said. “That’s not normal. We’re in a new era.” 

She didn’t mince words. “Nothing stops this train because there are no brakes attached to it anymore. The brakes are heavily impaired.

Why should Bitcoiners care? Because, as Alden explained, “it matters for asset prices—especially anything scarce.” She displayed a gold vs. real rates chart that showed gold soaring as real interest rates plunged. “Five years ago, most would have said Bitcoin couldn’t thrive in a high-rate environment. Yet here we are—Bitcoin over $100K, gold at new highs, and banks breaking under pressure.”

Next came what she called “The Turning Point”—a side-by-side showing how public debt growth overtook private sector debt post-2008, flipping a decades-long norm. “This is inflationary, persistent, and it means the Fed can’t slow things down anymore.” 

Another chart revealed why rising interest rates are now accelerating the deficit. “They’ve lost their brakes. Raising rates just makes the federal interest bill explode faster than it slows bank lending.”

Alden called it a ponzi: “The system is built on constant growth. Like a shark, it dies if it stops swimming.”

Her slide showed a relentless rise in total debt versus base money—except for a jolt in 2008, and again after 2020. “This isn’t going backward. Ever.” 

So why Bitcoin? “Because it’s the opposite. Scarce, decentralized, and mathematically capped,” Alden concluded. “There are two reasons nothing stops this train: math and human nature. Bitcoin is the mirror of this system—and the best protection from it.” 

You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below:

This post The Debt Train Has No Brakes: Lyn Alden Makes the Case for BTC at Bitcoin 2025 first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

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Crypto Insights

No Blind Trust : A New Proposal for Manually Creating Mnemonics

Eric Kvam proposed an improved method for generating and recovering seed phrase mnemonics. The goal is to allow users to create seed phrases manually and securely, eliminating reliance on a black box. It also allows for encoding derivation path in the mnemonics to simplify recovery.

Facing Spam: Are P2P Networks Fundamentally at a Disadvantage?

The author argues that P2P permissionless networks like Bitcoin and Nostr face a structural disadvantage in dealing with spam. In broadcast-style networks, spammers are often more motivated than regular users making P2P value transfers. Simply increasing the cost per action is not enough to deter spam, as the value gained by spammers far exceeds that of regular users. In contrast, mainstream internet spam control relies on identifying users and punishing bad behavior, but this goes against Bitcoin’s principles of decentralization and privacy. The author worries that without an effective solution, genuine users may eventually be pushed out while spammers persist.

Bitcointap: Real-Time Data Extraction from Bitcoin Core Tracepoints

Jb55 released Bitcointap — a Rust library and CLI tool that leverages Bitcoin Core’s EBPF-USDT tracepoints to extract data in real time, inspired by @0xB10C’s peer_observer project.

• Bitcointap GitHub Repo, and Demo Video

Tradeoffs Between Performance and Privacy in the Lightning Network

The Lightning developer community recently discussed the privacy impact of surfacing granular HTLC hold times via attributable failures. Carla followed up with further reflections, exploring how forwarding delays impact payment privacy. She also pointed out that no privacy-preserving forwarding delay mechanism is currently deployed in the Lightning Network.

Parasite Pool: A New Open Source Pool for Pleb Bitcoin Mining

Ordinal Maxi Biz founder ZK Shark has launched Parasite Pool, an open-source Bitcoin mining pool aimed at pleb miners who want to contribute to Bitcoin decentralization. It supports Lightning Network payouts, has a low entry threshold of just 10 sats, and allows individuals to earn directly and instantly. Its “Plebs Eat First” reward structure gives 1 BTC to the block finder, while the remaining 2.125 BTC and transaction fees are distributed via Lightning to pooled workers, making it especially attractive to plebs. Parasite Pool’s current hashrate is only 5 PH/s, representing just 0.000006% of the Bitcoin network—projected to take over 3 years to mine a block at current rates.

BitVMX Unveils 2025 Roadmap

BitVMX released its roadmap for 2025, outlining five core tracks: Research, Implementation, Security, Platform Integration, and Education & Outreach.

Top Reads on Blockchain and Beyond

The Cathedral and the Bazaar in the Age of AI Agents: Crypto’s Role in Low-Trust Environments

Borrowing the metaphor of "The Cathedral and the Bazaar," the author suggests that the network architecture of the AI agent era resembles a Linux-style open bazaar. In this model, countless untrusted agents with development capabilities provide services to one another through inter-agent calls, forming a loosely coordinated network. This low-trust environment is where cryptographic technologies shine—enabling value exchange without requiring trust. As such, crypto becomes a foundational component of this new AI-powered bazaar.

A Look Back at the 2015 Bitcoin Spam Attacks: Consensus Shifts and Today’s OP_Return Debate

BitMex’s article recounts four waves of spam attacks on Bitcoin in the summer of 2015, launched by a London-based company CoinWallet.EU. These spam floods severely degraded the user experience for Bitcoin payments, especially during the third wave from July 7 to July 11, 2015. The attacks sparked debate around miner filtering of spam transactions and block size limits. BitMex argues these events played a critical role in shaping views on spam mitigation and echo today’s debates over the OP_Return relay limit.

5-Step Survival Guide for Personal Data Breaches

a16z’s guide outlines immediate and long-term responses after a personal data breach:

1. Act Immediately

• Freeze your credit to prevent identity theft.

• Strengthen multi-factor authentication (MFA): Prefer app-based or hardware key methods over SMS. Enable SIM protection with your telecom provider.

• Replace compromised IDs: Contact relevant authorities.

2. Strengthen Online Account Security

• For Apple and Google accounts, enable advanced protections (e.g., Google Advanced Protection, Passkeys, YubiKey).

• Use a password manager; consider offline tools like KeePass, or services like Bitwarden and 1Password.

3. Secure Your Phone

• iPhone users: Set a strong alphanumeric password, enable Find My iPhone, activate Stolen Device Protection, and require Face ID for sensitive apps.

• Android users: Use a strong password or biometrics, enable Find My Device, activate theft detection lock and identity checks.

4. Defend Against Social Engineering

• Watch for phishing scams, suspicious login notifications, or fake calls/texts pretending to be from financial institutions.

5. Monitor Your Social Media Accounts

• Regularly check account access. If locked out, contact support immediately.

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https://stacker.news/items/991836

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• Wasabi Wallet v2.6.0 "Prometheus" is a major update for the project, focused on resilience and independence from centralized systems.
• Key features include support for BIP 158 block filters for direct node synchronization, a revamped full node integration for easier setup without third-party reliance, SLIP 39 share backups for flexible wallet recovery (sponsored by Trezor), and a Nostr-based update manager for censorship-resistant updates.
• Additional improvements include UI bug fixes, a new fallback for transaction broadcasting, updated code signing, stricter JSON serialization, and options to avoid third-party rate providers, alongside various under-the-hood enhancements.

This new version brings us closer to our ultimate goal: ensuring Wasabi is future-proof," said the developers, while also highlighting the following key areas of focus for the project:

• Ensuring users can always fully and securely use their client.
• Making contribution and forks easy through a codebase of the highest quality possible: understandable, maintainable, and improvable.

"As we achieve our survival goals, expect more cutting-edge improvements in Bitcoin privacy and self-custody. Thank you for the trust you place in us by using Wasabi," was stated in the release notes.

What's new

• Support for Standard BIP 158 Block Filters. Wasabi now syncs using BIP 158 filters without a backend/indexer, connecting directly to a user's node. This boosts sync speed, resilience, and allows full sovereignty without specific server dependency.
• Full Node Integration Rework. The old integration has been replaced with a simpler, more adaptable system. It’s not tied to a specific Bitcoin node fork, doesn’t need the node on the same machine as Wasabi, and requires no changes to the node’s setup.
  • "Simply enable the RPC server on your node and point Wasabi to it," said the developers. This ensures all Bitcoin network activities—like retrieving blocks, fee estimations, block filters, and transaction broadcasting—go through your own node, avoiding reliance on third parties.
• Create & Recover SLIP 39 Shares. Users now create and recover wallets with multiple share backups using SLIP 39 standard.

"Special thanks to Trezor (SatoshiLabs) for sponsoring this amazing feature."

• Nostr Update Manager. This version implements a pioneering system with the Nostr protocol for update information and downloads, replacing reliance on GitHub. This enhances the project's resilience, ensuring updates even if GitHub is unavailable, while still verifying updates with the project's secure certificate.
• Updated Avalonia to v11.2.7, fixes for UI bugs (including restoring Minimize on macOS Sequoia).
• Added a configurable third-party fallback for broadcasting transactions if other methods fail.
• Replaced Windows Code Signing Certificate with Azure Trusted Signing.
• Many bug fixes, improved codebase, and enhanced CI pipeline.
• Added the option to avoid using any third-party Exchange Rate and Fee Rate providers (Wasabi can work without them).
• Rebuilt all JSON Serialization mechanisms avoiding default .NET converters. Serialization is now stricter.

Full Changelog: v2.5.1...v2.6.0

Announcement / Archive
GitHub Repo

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• 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

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This article gives an overview and comparison of the various funding sources that are available for LNbits.

LNbits is compatible with many Lightning Network wallets and can be on anything from a small VPS to a raspberry Pi on your home network or the LNbits SaaS platform.

Why your funding source matters

There are trade-offs between the various funding sources, for example funding LNbits using Strike requires the user to KYC themselves and has some privacy compromises versus funding LNbits from your own LND node. However the technical barrier to entry and node maintenance of using Strike is lower than using LND.

Self-custodial vs custodial connectors

Self-custodial Funding Sources

You run the node or service, keep the keys, and may need to manage LN channels. Good if you want control and have the skills to look after a server. Examples: LND (gRPC/REST), CoreLightning, Spark.

Self-custodial funding sources with an LSP

These funding sources offer a reasonable compromise between self-custody and some privacy trade offs. Examples: Phoenixd, Breez SDK, Boltz.

Custodial (or semi-custodial) funding sources

A third party runs the node. You plug LNbits into their API. Setup is quick and costs are low, but you trust the provider with your funds and privacy. Examples: Alby, OpenNode, Blink, ZBD, LNPay or another LNbits instance.

Funding sources compared

Below is a summary of the main options and how they stack up.

LNbits Lightning Network Funding Sources Comparison Table

| Funding Source | Custodial Type | KYC Required | Technical Knowledge Needed | Node Hosting Required | Privacy Level | Liquidity Management | Ease of Setup | Maintenance Effort | Cost Implications | Scalability | Notes | |----------------------------|--------------------|---------------------|--------------------------------|---------------------------|-------------------|--------------------------|-------------------|------------------------|----------------------------------------------|-----------------|------------------------------------------------------------------| | LND (gRPC) | Self-custodial | ❌ | Higher | ✅ | High | Manual | Moderate | High | Infrastructure cost and channel opening fees | High | gRPC interface for LND; suitable for advanced integrations. | | CoreLightning (CLN) | Self-custodial | ❌ | Higher | ✅ | High | Manual | Moderate | High | Infrastructure cost and channel opening fees | High | Requires setting up and managing your own CLN node. | | Phoenixd | Self-custodial | ❌ | Medium | ❌ | Medium | Automatic | Moderate | Low | Minimal fees | Medium | Mobile wallet backend; suitable for mobile integrations. | | Nostr Wallet Connect (NWC) | Custodial | Depends on provider | Low | ❌ | Variable | Provider-managed | Easy | Low | May incur fees | Medium | Connects via Nostr protocol; depends on provider's policies. | | Boltz | Self-custodial | ❌ | Medium | ❌ | Medium | Provider-managed | Moderate | Moderate | Minimal fees | Medium | Uses submarine swaps; connects to Boltz client. | | LND (REST) | Self-custodial | ❌ | Higher | ✅ | High | Manual | Moderate | High | Infrastructure cost and channel opening fees | High | REST interface for LND; suitable for web integrations. | | CoreLightning REST | Self-custodial | ❌ | Higher | ✅ | High | Manual | Moderate | High | Infrastructure cost and channel opening fees | High | REST interface for CLN; suitable for web integrations. | | LNbits (another instance) | Custodial | Depends on host | Low | ❌ | Variable | Provider-managed | Easy | Low | May incur hosting fees | Medium | Connects to another LNbits instance; depends on host's policies. | | Alby | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Browser extension wallet; suitable for web users. | | Breez SDK | Self-custodial | ❌ | Medium | ❌ | High | Automatic | Moderate | Low | Minimal fees | Medium | SDK for integrating Breez wallet functionalities. | | OpenNode | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Third-party service; suitable for merchants. | | Blink | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Third-party service; focuses on mobile integrations. | | ZBD | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Gaming-focused payment platform. | | Spark (CLN) | Self-custodial | ❌ | Higher | ✅ | High | Manual | Moderate | High | Infrastructure cost and channel opening fees | High | Web interface for CLN; requires Spark server setup. | | Cliche Wallet | Self-custodial | ❌ | Medium | ❌ | Medium | Manual | Moderate | Moderate | Minimal fees | Medium | Lightweight wallet; suitable for embedded systems. | | Strike | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Third-party service; suitable for quick setups. | | LNPay | Custodial | ✅ | Low | ❌ | Low | Provider-managed | Easy | Low | Transaction fees apply | Medium | Third-party service; suitable for quick setups. |

Which source suits you?

| Scenario | Good fit | Why | | ------------------------------------------- | ---------------------------------------------------------------------- | ------------------------------------------------------ | | Business running its own infrastructure | LND or CoreLightning on a Dell Optiplex or other dedicated machine | Full control, high throughput, best privacy. | | Independent node runner | Spark (CLN) or LND (REST/gRPC) | You already run a node and want a clean web interface. | | Quick proof of concept | Alby, LNPay, or another hosted LNbits | No hardware needed, lets you test ideas fast. |

Run LNbits

Ready to run LNbits?

Choose a funding source, follow the guides, and start today.

LNbits

Further reading

• LNbits documentation
• LND – gRPC and REST guides
• CoreLightning – setup and Spark info
• Breez SDK
• Phoenixd
• Nostr Wallet Connect

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• 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

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Bitcoin Magazine

Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike

The Founder and CEO of Strike, Jack Mallers, at the 2025 Bitcoin Conference in Las Vegas, announced a new system of Bitcoin backed loans at Strike with one digit interest rate.

Jack Mallers began his keynote by pointing at the biggest problem. Fiat currency. 

“The best time to go to Whole Foods and buy eggs with your dollars was 1913,” said Mallers. “Every other time after, you are getting screwed.”

What’s the solution?

“The solution is Bitcoin,” stated Mallers. “Bitcoin is the money that we coincide that nobody can print. You can’t print, you can’t debase my time and energy, you cannot deprive me of owning assets, of getting out of debt, of living sovereignly and protecting my future, my family, my priced possessions. Bitcoin is what we invented to do that.”

Mallers gave a power message to the audience by explaining that people should HODL every dollar they have in Bitcoin. People should also spend a little of it to have a nice life.

“You can’t HODL forever,” said Jack.

While talking about loans that people borrow against their Bitcoin. He explained why he thinks banks putting 20% in interest for loans backed with Bitcoin is outrageous.

“All these professional economists, they are like Bitcoin is risky and volatile,” stated Mallers. “No it’s not. This is the magnificent 7 one year volatility and the orange one in the middle is Bitcoin. It’s no more risky and volatile. It’s a little bit more volatile than Apple, but is far less more volatile than Tesla.”

“As Bitcoin matures, its volatility goes down,” continued Jack. “Bitcoin volatility is at a point where it is no more risky than a Tesla Stock. We should not be paying double digits rates for a loan.”

Mallers announced his new system of loans at Strike of 9-13% in interest rates. It will allow people to get loans from $10,000 to $1 billion. 

Mallers closed by saying, “please be responsible. This is debt. Debt is like fire in my opinion. It can heat a civilization. It can warm your home, but if you go too crazy it can burn your house down.”

“Life is short,” said Jack. “Take the trip, but with bitcoin you just get to take a better one.”

This post Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

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There must be a limit to how much data is transferred across the bitcoin network in order to keep the ability to run and use your own node accessible. A node is required to interact with the global bitcoin network - if you do not use your own node then you must trust someone else's node. If nodes become inaccessible to run then the network will centralize around the remaining entities that operate them - threatening the censorship resistance at the core of bitcoin's value prop. The bitcoin protocol uses three main mechanisms to keep node operation costs low - a fixed limit on the amount of data in each block, an automatic difficulty adjustment that regulates how many blocks are produced based on current mining hash rate, and a robust dynamic transaction fee market.

Bitcoin transaction fees limit network abuse by making usage expensive. There is a cost to every transaction, set by a dynamic free market based on demand for scarce block space. It is an incredibly robust way to prevent spam without relying on centralized entities that can be corrupted or pressured.

After the 2017 bitcoin fee spike we had six years of relative quiet to build tools that would be robust in a sustained high fee market. Fortunately our tools are significantly better now but many still need improvement. Most of the pain points we see today will be mitigated.

The reality is we were never going to be fully prepared - pressure is needed to show the pain points and provide strong incentives to mitigate them.

It will be incredibly interesting to watch how projects adapt under pressure. Optimistic we see great innovation here.

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_If you are willing to wait for your transaction to confirm you can pay significantly lower fees. Learn best practices for reducing your fee burden here.

My guide for running and using your own bitcoin node can be found here._

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

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Let’s clear something up: frugal living isn’t about eating ramen every night or never treating yourself. It’s about being intentional with your money so you can enjoy what matters more. Think of it like editing a movie—you cut the boring scenes to highlight the best parts. You don’t have to give up lattes, travel, or Friday pizza nights. You just need a few clever tricks to make your money stretch further while keeping the fun intact.

Take my friend Alex, for example. Last year, he felt overwhelmed by credit card debt but didn’t want to give up his weekend hikes or coffee shop visits. By tweaking a few habits—like auditing subscriptions and prioritizing experiences—he paid off $5,000 in debt and still took a camping trip with his kids. The secret? Small, intentional choices that add up. In this guide, we’ll share practical, joy-friendly hacks to help you save smarter. Plus, we’ll mention sites like Crown Money—a budgeting service that makes tracking your progress effortless—so you can focus on living well, not pinching pennies.

**1. Audit Your Subscriptions (Yes, Even That One) ** You know that streaming service you haven’t opened since 2022? Or the gym membership you keep “meaning to use”? Those small charges add up fast. A recent study found the average person spends 219/month on forgotten subscriptions—that’s over 2,600 a year!

• The Hack: Every 3 months, review your subscriptions. Ask: “Do I actually use this?” Cancel anything that doesn’t spark joy. • Pro Tip: Use Crown Money to see all your subscriptions in one place. The app automatically flags recurring charges, so you don’t have to hunt through bank statements. You’ll even get a nudge like, “You’ve paid $14.99/month for ‘Premium Yoga App’—last used 6 months ago. Cancel?” Real-Life Example: Sarah canceled two unused streaming services and a meditation app she forgot about. She saved $45/month—enough to fund her new hobby: pottery classes. “I didn’t realize how much clutter I was paying for,” she said. “Now I’m learning to make mugs instead of binge-watching shows I don’t even like.”

**2. Embrace the “Joy Budget” (Seriously, Budget for Fun) ** Frugality fails when it feels like deprivation. Instead, carve out guilt-free money for things you love. Behavioral scientists call this “temptation bundling”—pairing savings goals with rewards to stay motivated.

• The Hack: Allocate 10–15% of your budget to a “Joy Fund” for hobbies, dining out, or travel. • Pro Tip: In Crown Money, create a custom category like “Adventure Fund” or “Treat Yourself.” Set a monthly limit and track how much you’ve saved for that weekend getaway or concert ticket. The app’s visual progress bars turn saving into a game—imagine watching your “Beach Trip 2024” fund grow with every dollar.

Real-Life Example: Mark loves trying new restaurants. By setting a $100/month “Dining Out” budget in Crown Money, he enjoys date nights without overspending. “I used to feel guilty splurging on sushi,” he shared. “Now I know it’s part of the plan, so I savor every bite.”

1. Master Mindful Spending (Ask This One Question) Before buying anything non-essential, ask: “Will this add value to my life, or just clutter?” Retail therapy might feel good in the moment, but that $50 impulse sweater often ends up forgotten in the back of your closet.

• The Hack: Implement a 24-hour “cooling-off” period for impulse buys. If you still want it tomorrow, go for it! • Pro Tip: Use Crown Money to review your spending trends. The app’s monthly reports show where your money goes, helping you spot habits (like late-night online shopping) that don’t align with your goals. Set up alerts like, “You’ve spent $75 on ‘Miscellaneous’ this week—want to check in?” Real-Life Example: Lisa avoided buying a $200 jacket on impulse. After 24 hours, she realized she didn’t need it—and put the money toward a weekend camping trip instead. “I almost bought something I’d wear once,” she laughed. “Now I have photos of sunsets instead of buyer’s remorse.”

1. DIY and Swap (Your Wallet Will Thank You) Frugal living thrives on creativity. Swap buying new for: • DIY solutions: Make coffee at home (a $5 bag of beans lasts weeks!), repair clothes, or grow herbs instead of buying them. • Community swaps: Trade books, tools, or skills with friends (e.g., “I’ll babysit if you help me fix my bike”).

Pro Tip: Track your monthly expenses in Crown Money. Create a category like “Homemade Wins” and watch how small choices (like brewing your latte) add up over time. For example, skipping a daily 4 coffee shop visit saves 120/month—that’s a weekend road trip! Real-Life Example: Jake started meal prepping lunches instead of buying 15 salads. He saves 300/month—enough for a monthly massage. “I’m eating healthier and funding self-care,” he said. “Plus, my coworkers are jealous of my teriyaki bowls.”

1. Prioritize Experiences Over “Stuff” (Happiness Science Approved) Research shows experiences bring longer-lasting joy than material purchases. A 2023 study found people who spent money on concerts, trips, or classes reported 30% higher life satisfaction than those who bought gadgets or clothes.

Instead of splurging on gadgets, invest in: • Free/low-cost adventures: Hiking, picnics, game nights, or exploring local festivals. • Shared moments: Host a potluck instead of dining out. Pro Tip: Use Crown Money to set a goal like “Summer Adventure Fund.” Allocate $50/month, and let the app remind you to fund it automatically. Watching that fund grow feels like planning a vacation in slow motion. Real-Life Example: Maria and her partner skipped a pricey vacation and rented a cozy cabin nearby. They saved $1,200 and still made memories roasting marshmallows under the stars. “We thought we needed a fancy trip to connect,” she said. “Turns out, all we needed was a fire pit and no Wi-Fi.”

Key Takeaways • Cut the clutter: Cancel unused subscriptions and track them with tools like Crown Money. • Budget for joy: Allocate guilt-free money for hobbies and experiences. • Pause before purchasing: Avoid impulse buys with a 24-hour rule. • Get creative: DIY, swap, and repurpose to save without sacrifice. • Invest in experiences: They’re richer than “stuff” and often cheaper.

FAQs: Frugal Living Made Simple Q: How do I stay motivated to save? A: Tie savings to specific goals (e.g., “Save $500 for a weekend trip”). Apps like Crown Money let you visualize progress, which feels rewarding!

Q: Can I be frugal and still socialize? A: Absolutely! Host DIY spa nights, picnic potlucks, or free museum days. Use Crown Money to set a “Social Fun” budget and stick to it.

Q: What if I slip up and overspend? A: No guilt! Adjust your budget next month. Crown Money makes it easy to shift funds between categories.

Q: How do I track small savings from DIY habits? A: Create a custom category in Crown Money (e.g., “Homemade Wins”) and log your savings manually. Watching it grow is addictive!

Q: What if I have a financial emergency? A: Build a “Safety Net” category in Crown Money. Start small—even $20/month adds up. The app’s reminders keep you consistent.

**Final Thoughts: Frugal Is Freedom ** Frugal living isn’t about saying “no”—it’s about saying “yes” to what truly lights you up. By trimming the financial fat (goodbye, unused subscriptions!), budgeting for joy, and getting creative, you can save money and savor life’s best moments. Tools like Crown Money are your allies here. They handle the tracking and nudging, so you can focus on the fun parts: planning adventures, trying new recipes, or laughing with friends over a board game. Remember: the goal isn’t perfection. It’s progress. Start small, celebrate wins, and let your frugal habits grow naturally. Your wallet (and your inner joy-seeker) will thank you.

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Lingen (Ems) is a peaceful town in Lower Saxony, near the Dutch border, known for its historic old town, green surroundings, and relaxed pace of life. It may not be on the typical tourist radar, but it offers a taste of small-town Germany with plenty of charm and local culture.

🏘️ What to See and Do in Lingen

🏛️ Old Town & Market Square

• Stroll through the historic town center, where you’ll find half-timbered houses, cozy cafés, and the lovely St. Boniface Church
• The Rathaus (Town Hall) and its square are perfect for a slow coffee or people-watching

🚲 Nature & Outdoor Activities

• The region around Lingen is great for cycling and walking, especially along the Ems River
• Explore the Emsland countryside, filled with forests, meadows, and quiet villages
• Visit the nearby Emsland Moormuseum to learn about local peatland history

🎓 Student Vibes

• Thanks to the presence of a university, Lingen has a young and vibrant side, with cultural events and small live music scenes

🍺 Local Food & Drink

• Try regional dishes like Grünkohl (kale with sausage in winter) and Schnitzel in a local tavern
• Enjoy a drink at a beer garden or riverside café, especially in warmer months

🚆 Getting There

• Well connected by train, especially to Osnabrück, Münster, and the Dutch city of Enschede
• Great stop on a northern Germany road or rail trip

Lingen is ideal for travelers looking for peaceful towns, regional culture, and access to beautiful natural areas. It’s a place where you can slow down, bike along a river, and enjoy the local way of life.

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加密洞见

无需盲信系统：手动创建助记词的新提案

开发者 Eric Kvam 提出了一种改进助记词生成和恢复流程的方法，目的是让用户能够手动、安全地生成种子短语助记词，从不必信任「黑盒」，并在助记词中编码派生路径以简化恢复过程。

应对垃圾信息，P2P 网络存在固有劣势？

作者认为，比特币和 Nostr 等类似 P2P 无许可网络在应对垃圾信息问题上存在固有劣势。由于广播式网络的特性，垃圾信息发送者在动机上远强于正常点对点价值传递的用户，仅通过提高每笔操作的成本难以有效遏制垃圾信息，因为垃圾发送者从中获得的价值远高于普通用户。相比之下，互联网主流是通过识别用户身份、并对不良行为实施惩罚的方式来治理垃圾信息，但这种方式违背了比特币的去中心化和隐私保护原则，并导致了严重的隐私侵犯。作者担心，如果不能有效解决垃圾信息问题，比特币等网络的正常用户可能会被迫离开，而垃圾发送者仍会留下。

Bitcointap：利用比特币核心跟踪点，实时提取数据

开发者 jb55 推出 bitcointap——一个 Rust 库和 CLI 工具。它利用 Bitcoin-Core 的 EBPF-USDT 跟踪点，实现数据的实时提取。Bitcointap 的开发受到 @0xB10C 的 peer_observer 项目的启发。

• Bitcointap 的 GitHub Repo，以及 Demo Video

闪电网络中性能和隐私间的权衡

闪电网络开发者社区最近讨论到 Pivacy impact of surfacing granular HTLC hold times via attributable failures 这一问题。Carla 对此进行了后续思考，进一步研究了转发延迟（forwarding delays）机制对付款隐私的影响。她也指出，现在的闪电网络中并没有部署任何转发延迟的隐私保护。

面向草根挖矿的新开源矿池 Parasite Pool

Ordinal Maxi Biz 创始人 ZK Shark 推出开源比特币矿池 Parasite Pool，专为希望为比特币去中心化做出贡献的家庭矿工而建。支持闪电网络支付，门槛低至 10 聪，允许个人直接即时赚钱。它有一个「平民先吃」（Plebs Eat First）的奖励结构，将 1 BTC 奖励给找到区块的人，并将剩余的 2.125 BTC 加上手续费通过闪电支付分配给其余非获胜参与者。小规模矿工由此可以获得相对于其哈希算力的巨额奖励，这让 Parasite Pool 对他们而言特别具有吸引力。目前 Parasite Pool 指向矿池的哈希率只有 5 PH/s，只占整个比特币网络的 0.000006%，预计可能需要 3 年多才能到达一个区块。

BitVMX 公布 2025 路线图

BitVMX 公布了 2025 年路线图，呈现了在研究、实施、安全、平台集成以及教育和对外扩展五条核心轨道上的计划：

精彩无限，不止于链

AI 代理时代的大教堂与集市，加密技术在低信任场景中的未来

作者借用经典的「大教堂与集市」比喻，认为 AI 代理时代的网络形态是一个 Linux 式的开放集市——这里会有大量具有独立开发能力的自动代理人，通过相互调用，为彼此提供服务，由此形成松散的协作网络。这样一个低信任的场景，正是加密技术最擅长的环境———在无需信任的环境中交换价值，因此加密货币将成为 AI 代理人集市中不可或缺的基础要素。

回顾 2015 比特币垃圾邮件攻击：共识变革与当今 OP_Return 辩论的呼应

BitMex 的这篇文章介绍了 2015 年夏天针对比特币的四轮垃圾邮件攻击。这些攻击由一家名为 CoinWallet.EU 的伦敦公司发起。垃圾邮件对当时进行比特币支付的人的用户体验产生了重大的不利影响，尤其是在 2015 年 7 月 7 日至 2015 年 7 月 11 日的第三轮攻击中。这次攻击引发了关于矿工过滤垃圾邮件交易和区块大小限制的辩论。在 BitMex 看来，这次攻击在形成许多人关于如何处理垃圾邮件的观点方面发挥了关键作用，并且与今天关于 OP_Return 中继限制的辩论有有趣的相似之处。

个人数据泄露后的 5 步生存手册

a16z 的这篇指南梳理了在个人数据泄露后，如何立即应对与长期防护，重点包括：

1. 立即采取行动

• 冻结信用：防止身份被盗用开设新账户。

• 加强多因素认证（MFA）：在所有金融与社交账户启用 MFA，优先使用 App 或硬件密钥而非短信认证，并向电信商申请 SIM 卡保护。

• 更换身份证件：联系相关部门申请补发。

2. 强化线上账户安全

• Apple 和 Google账户，启用高级保护措施（如 Google Advanced Protection、Passkeys、YubiKey 等）。

• 使用密码管理器，推荐离线工具 KeePass，或 Bitwarden、1Password 等第三方服务

3. 锁定手机安全

• iPhone 用户：设置自定义字母数字密码、启用Find My iPhone、开启 Stolen Device Protection，敏感应用要求Face ID。

• Android用户：设置强密码或生物识别、启用Find My Device、开启盗窃检测锁和身份检查。

4. 防范社交工程攻击

• 警惕钓鱼诈骗、可疑登录通知、冒充金融机构的短信或电话。

5. 监控社交媒体账户

• 定期确认账户存取权，若被锁定立即联系客户服务。

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• "Today we're launching the beta version of our multiplatform Nostr browser! Think Google Chrome but for Nostr apps. The beta is our big first step toward this vision," announced Damus.
• This version comes with the Dave Nostr AI assistant, support for zaps and the Nostr Wallet Connect (NWC) wallet interface, full-text note search, GIFs and fullscreen images, multiple media uploads, user tagging, relay list and mute list support, along with a number of other improvements."

"Included in the beta is the Dave, the Nostr AI assistant (its Grok for Nostr). Dave is a new Notedeck browser app that can search and summarize notes from the network. For a full breakdown of everything new, check out our beta launch video."

What's new

• Dave Nostr AI assistant app.
• GIFs.
• Fulltext note search.
• Add full screen images, add zoom, and pan.
• Zaps! NWC/ Wallet UI.
• Introduce last note per pubkey feed (experimental).
• Allow multiple media uploads per selection.
• Major Android improvements (still WIP).
• Added notedeck app sidebar.
• User Tagging.
• Note truncation.
• Local network note broadcast, broadcast notes to other notedeck notes while you're offline.
• Mute list support (reading).
• Relay list support.
• Ctrl-enter to send notes.
• Added relay indexing (relay columns soon).
• Click hashtags to open hashtag timeline.
• Fixed timelines sometimes not updating (stale feeds).
• Fixed UI bounciness when loading profile pictures
• Fixed unselectable post replies.

Announcement / Archive
GitHub Repo
Website

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Bitcoin Magazine

Michael Saylor Presents The 21 Ways to Wealth at Bitcoin 2025

Michael Saylor, Executive Chairman of Strategy, took the stage at Bitcoin 2025 delivering a keynote titled “21 Ways to Wealth.” He stated: “This speech is for you. I’ve traveled the world and told countries, institutional investors, and even the disembodied spirits of our children’s children why they need Bitcoin. This is for every individual, every family, every small business. It’s for everybody.”  

He began with clarity. “The first way to wealth is clarity,” he said. “Clarity comes the moment you realize Bitcoin is capital—perfected capital, programmable capital, incorruptible capital.” For Saylor, every thoughtful individual on Earth will ultimately seek such pristine capital, and every AI system will prefer it as well. 

The second path is conviction. Bitcoin, he said, will appreciate faster than every other asset, because it’s engineered for performance. “It’s going to grow faster than real estate or collectibles. It is the most efficient store of value in human history.”

The third way is courage. “If you’re going to get rich on Bitcoin, you need courage,” he warned. “Wealth favors those who embrace intelligent monetary risk. Some people will get left behind. Others will juggle it. But the bold will feed the fire—sell your bonds, buy Bitcoin. An extraordinary explosion of value is coming.”

Fourth comes cooperation. “You are more powerful if you have the full support of your family. Your children have time and potential. The secret is transferring capital into their hands. Families that move in unity are unstoppable.”

The fifth is capability. “Master AI,” he said. “In 2025, everything you can imagine is at your fingertips—wisdom, analysis, creativity. Ask AI, argue with it, use it. You can become a super genius. Don’t put your ego first—put your interests first. Your family will thank you.”

Saylor’s sixth way to wealth is composition: construct legal entities that scale your strategy and protect your assets. “Ask the AI and figure it out. You can work hard, or you can work smart. This year, everyone should be operating like the most sophisticated millionaire family office.”

The seventh is citizenship. Choose your economic nexus carefully—“domicile where sovereignty respects your freedom,” he said. “This isn’t just about this year—it’s about this century.”

Eighth is civility. “Respect the natural power structures of the world. Respect the force of nature,” he explained. “If you want to generate wealth in the Bitcoin universe, don’t fight unnecessarily. Find common ground. Inflation and distraction are your enemies.”

Ninth is corporation. “A well-structured corporation is the most powerful wealth engine on Earth. Families are powerful. Partnerships are even more powerful. But corporations can scale globally. What is your vehicle? What is your path?”

The tenth way is focus. “Just because you can do a thing doesn’t mean you should,” he warned. “If you invest in Bitcoin, there’s a 90% chance it will succeed over five years. Don’t confuse ambition with accomplishment. Come up with a strategy—and stick to it.”

The eleventh is equity. “Share your opportunities with investors who will share your risk,” he said, pointing to MicroStrategy’s own rise from $10 million to a $5 billion market cap by aligning with equity partners who believed in the Bitcoin mission.

The twelfth is credit. “There are people in the world who are afraid of the future—they want small yield, certainty. Offer that. Give creditors security in return for capital. Convert their fear into fuel and turn risk into yield by investing in Bitcoin.”

The thirteenth is compliance. “Create the best company you can within the rules of your market. Learn the rules of the road. If you know them, you can drive faster. You can scale legally and sustainably.”

The fourteenth way is capitalization. “Velocity compounds wealth,” Saylor said. “Raise and reinvest capital as fast and as often as you can. The faster your money moves into productive Bitcoin strategies, the more it multiplies.”

Fifteenth is communication. “Speak with candor. Act with transparency. And repeat your message often,” he urged. “Creating wealth with Bitcoin is simple—but only if people understand what you’re doing and why you’re doing it.”

Sixteenth is commitment. “Don’t allow yourself to be distracted,” he said. “Don’t chase your own ideas. Don’t feed the trolls. Stay committed to Bitcoin. It’s the greatest idea in the world. The world probably doesn’t care what you think—but it will care when you win.”

The Seventeenth way is competence. “You’re not competing with noise—you’re competing with someone who is laser-focused, who executes flawlessly,” he said. “You must deliver consistent, precise, and reliable performance. That’s how you win.”

The Eighteenth is adaptation. “Circumstances change. Every structure you trust today will eventually fail. A wise person is prepared to abandon their baggage and adjust plans when needed. Rigidity is ruin.”

Nineteenth is evolution. “Build on your core strengths. You don’t need to start over—you need to level up. Leverage what you already do best, and expand it through Bitcoin and advanced technologies.”

Twentieth is advocacy. “Inspire others to walk the Bitcoin path,” he said. “Become an evangelist for economic freedom. Show others what this revolution really means. Show them the way.”

Finally, the twenty-first way is generosity. “When you’re successful—and you will be successful—spread happiness. Share security. Deliver hope. That light inside you will shine. And others will be drawn to it.” 

As he ended, Saylor smiled and quoted the very origin of it all: 

“It might make sense to get some, in case it catches on.” – Satoshi.

In Michael Saylor’s worldview, Bitcoin is not a get-rich-quick scheme—it’s the ultimate long-term play. It is the foundation of generational wealth, the engine of personal and institutional freedom, and the tool for those bold enough to lead humanity into a more sovereign, secure future. 

You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below: 

This post Michael Saylor Presents The 21 Ways to Wealth at Bitcoin 2025 first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

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https://stacker.news/items/991778

@ dfa02707:41ca50e3

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

@ 83279ad2:bd49240d

a

@ 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

@ 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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Final thought...

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@ a296b972:e5a7a2e8

Inzwischen Jahr 6 im Dauer-Ausnahmezustand. Angriff auf den Verstand. Großoffensive. Es wird mit allem geschossen, aus dem Wahnsinn herauskommen kann. Jeder klare Gedanke ist unschädlich zu machen. Großkotziges, staatsmännisches Geschwafel, dass sich einem die Nackenhaare aufstellen. Für wie doof haltet ihr uns eigentlich? Endlos Bürsten gegen den Strich. Angewidertes inneres Schütteln. Dringende Empfehlung einer Spülung der Gehirnwindungen. Idioten in Verantwortung wechseln auf andere Posten in Verantwortung und bleiben Idioten. Idioten gehen verantwortungslos mit unserer wertvollen Lebenszeit um. Ach, dafür ist man selbst verantwortlich? Wo ist der, der so ein dickes Fell hat, dass ihm dieser Irrsinn nicht nahegeht. Wo steht das Fass mit Teflon-Lack, in das man eintauchen kann, damit die Absurditäten an einem abperlen?

Eine zu tiefst verunsicherte und gespaltene Gesellschaft. Halt im Glauben in der Kirche? Von wegen: Sehr geehrte Jesusse und Jesusinnen. Ens ist gekreuzigt worden. Ja, in der Freiluft-Irrenanstalt. Auf einem Hügel von Denk-Dreck. Gott ist queer! Du tickst ja nicht mehr ganz sauber. Tanzende Brathähnchen vor dem Altar. Warum kommt keine Sintflut, wenn man sie mal braucht? Man muss gar nicht religiös sein, um zu sehen, dass das Gaga ist. Eine Produktion der Sodom & Gomorrha Anstalt GmbH & Co. KG.

Kein Vertrauen mehr, außer in sich selbst, meistens jedenfalls. Ja, man will uns vor allem Angst machen, teils unbegründet, so manches aber gibt es dann doch tatsächlich, was einem schwer zu denken gibt.

Vielen geht dieser Psychokrieg inzwischen an die Substanz, der ständig herabprasselnde Dauerwahnsinn erinnert an Water-Boarding.

Gut gemeinte Ratschläge, geht hinaus in die Natur, beackert euren Garten, wenn ihr einen habt, erdet euch, macht Entspannungsübungen, Zeit des Aufwachens, wir treten in ein neues Zeitalter ein, alles fein. Abschalten gelingt, aber der Aufprall in der Realität ist dann umso schlimmer, weil man sich daran erinnert hat, wie sorgenfrei und unbeschwert das Leben sein könnte, und wenn man es mit den derzeitigen Lebensumständen abgleicht, dann ist die schlechte Laune sofort wieder da. Im Verdrängens-Test mit Pauken und Trompeten durchgefallen.

Dann vielleicht doch lieber im Dauer-Modus des Irrsinns bleiben, sich mit den schrägen Zuständen arrangieren, nicht daran gewöhnen, nur lernen, damit bestmöglich umzugehen, und das Beste draus zu machen, irgendwie.

Man will dem Rat folgen, mal eine Nachrichten-freie Woche einzulegen, nimmt sich das ganz fest vor, und dann wird aber wieder doch nichts draus. Nicht, weil man sensationsgeil oder masochistisch veranlagt wäre, nein, der Antrieb, oder vielleicht sogar schon die Sucht, ist ganz woanders zu suchen: Man hat Sehnsucht nach der Vernunft und dem gesunden Hausverstand. Man hofft, ihn irgendwo zu finden. Nur einen Funken Hoffnung, an den man sich klammern kann, dass der Tiefpunkt durchschritten ist und es jetzt wieder aufwärts geht. Lichtblicke, der Wind dreht sich, Anzeichen für eine Wiederkehr des Verstandes, irgendetwas, das man als einen Weg hin zur Normalität deuten könnte. Aber, Fehlanzeige.

Stattdessen: Geschichtsvergessenheit, pathologischer Größenwahn, Großmannstum, fortgeschrittener Wahnsinn, Provokation, Kriegslüsternheit, Lügen, Intrigen, Interessen, Korruption, Geldverschwendung, Ideologie, Dummheit, Wirtschaftsvernichtung, Friedensverhinderung, Diplomatie-Allergie,  Überheblichkeit, Abgehobenheit, Schadensmaximierung, Vernichtung, Feindschaft, Unmenschlichkeit, Tote, Gesetzesbruch, Mafia-Strukturen, sich selbst schützende Systeme, Cliquenbildung, Feigheit, Einschüchterung, Freiheitsbeschränkungen, Meinungs-Maulkörbe, Abschaffung der demokratischen Freiheit, Abschaffung der persönlichen Freiheit, Kontrolle, Überwachung, begleitetes Denken, Fühlen, Wollen, Verwirrung, Dreistigkeit, Frechheit, Missachtung des Volkes, Denunziantentum, Abwanderung, und und und.

Ein richtiges Schlachtfest der Kultur. Perversion des Menschseins. Das neue Normal ist irre.

Bislang ist keine der zahlreichen Baustellen beendet. Eine Wende steht unmittelbar bevor. Und sie steht und steht und steht bevor. Kein Gefühl von „Erledigt“, nächstes Problem angehen und auflösen. Weiter. Noch meilenweit von dem Gefühl entfernt, der Wahnsinn wird weniger, langsam, aber er wird weniger.

Fluchtgedanken. Aber wohin? In Europa bleiben, vielleicht besser nicht? Weiter weg, aber wohin da? Nicht vergessen, die Nachrichten erreichen einen überall. Und man bleibt mit seiner Heimat innerlich verbunden, egal wo man ist.

Es bleibt ein Entlanghangeln von einer vernünftigen Stimme zur anderen, die einem bestätigt, dass man selbst noch nicht den Verstand verloren hat. Die gibt es ja gottseidank noch. Innehalten, durchhalten, tief durchatmen, aufstehen, weitermachen. So lange, bis die Bekloppten ihrer Macht über uns entledigt wurden. Wie am besten? Und jetzt soll keiner mit nächsten Wahlen kommen.

Wer war schon einmal inmitten eines Psycho-Krieges gegen die eigene Bevölkerung? Wie geht man damit um, wie geht man dagegen an? Wie kann man das Ruder herumreißen? Was ist ein wirksames Mittel gegen die Ohnmacht? Wie kriegt man die Bequemlichkeit aus den Menschen heraus? Wie kann man die Menschen für die herrschenden Zustände sensibilisieren? Wie können wir noch mehr werden?

Wenn möglich, sollte zum Ende doch noch etwas Positives kommen. Ok. Es wird voraussichtlich demnächst möglicherweise bald besser. Eine zu geringe Zahl von Menschen ist schon aufgewacht. Die politischen Entscheidungsträger haben Angst, können die aber noch sehr gut verbergen. Das kann nicht ewig so weiter gehen und 10 Jahre sind keine Ewigkeit. Die Rufe nach mehr Bürgerbeteiligung werden immer lauter, aber nicht gehört, warum auch? Wir setzen den Artikel 146 des Grundgesetzes um, aber wie? Hätte, könnte, würde, wir sollten, es müsste. Ja und, wie weiter? Mehr geht nicht.

Doch vielleicht eins: Sand ins Getriebe streuen und zivilen Ungehorsam leisten, wo immer es geht. Das schafft immer noch eine gewisse Befriedigung und das Gefühl, dass man nicht vollkommen handlungsunfähig ist. Außerdem regt das die Phantasie und die Kreativität an und bietet eine Chance seinen Geist für etwas sehr Nützliches zu gebrauchen. Man fühlt, dass man noch ein Mensch ist.

“Dieser Beitrag wurde mit dem Pareto-Client geschrieben.”

* *

(Bild von pixabay)

@ 9ca447d2:fbf5a36d

Michael Saylor, executive chairman of Strategy, has stirred up the Bitcoin community with his recent comments on proof-of-reserves, calling it a “bad idea” that puts institutional security at risk.

Speaking at a side event at the Bitcoin 2025 conference in Las Vegas, Saylor expressed strong concerns about the security implications of on-chain proof of reserves (PoR), a method used by many bitcoin companies to show they actually hold the assets they claim.

“The conventional way of issuing proof of reserves today is actually insecure,” Saylor said.

“It actually dilutes the security of the issuer, the custodians, the exchanges and the investors. It’s not a good idea, it’s a bad idea.”

Proof-of-reserves is a process where companies with bitcoin reserves share public wallet addresses or use cryptographic methods to prove how much bitcoin they hold.

This practice gained popularity after the collapse of major exchanges like FTX and Mt. Gox to build trust through transparency.

Many big players in the digital asset space, including Binance, Kraken, OKX and asset manager Bitwise, have adopted PoR to reassure users and stakeholders.

Related: Bitwise Announces On-Chain Address, Donations Go to Shareholders

Saylor’s objections boil down to two main points.

First, he believes publishing wallet addresses creates serious security risks. By exposing institutional wallet structures, companies may open themselves up to attacks from hackers, hostile governments or malicious actors.

“[It’s like] publishing the address and the bank accounts of all your kids and the phone numbers of all your kids and then thinking somehow that makes your family better,” Saylor said.

“(It becomes) an attack vector for hackers, nation-state actors, every type of troll imaginable.”

He even asked the audience to try a thought experiment:

“Go to AI, put it in deep think mode and then ask it ‘what are the security problems of publishing your wallet addresses?’ and ‘how might it undermine the security of your company over time’ … It will write you a book. It will be fifty pages of security problems.”

Second, Saylor pointed out that proof of reserves only shows what a company owns, not what it owes. In his view, that’s incomplete.

“It’s proof of assets that is insecure, and it is not proof of liabilities… So you own $63 billion worth of bitcoin—do you have a hundred billion dollars of liabilities?” he asked rhetorically.

For large institutions and investors, this view of financial health is not enough.

Instead of publishing wallet addresses, Saylor thinks the better approach is to use institutional-grade audits by trusted firms.

“The best practice… would be to have a Big Four auditor that checks to make sure you actually have the bitcoin, then checks to make sure the company hasn’t rehypothecated or pledged the bitcoin,” he said.

“Then you have to wash it through a public company where the CFO signs, then the CEO signs, then the chairman and all the outside directors are civilly and criminally liable for it.”

He believes the legal consequences of corporate auditing — including prison time for fraud under the Sarbanes-Oxley Act — are stronger than cryptographic proof alone.

He did admit that a more secure, future version of PoR might be possible if it involved zero-knowledge proofs that protect wallet privacy while still confirming ownership.

Not everyone agrees with Saylor’s opinion. While some praised his focus on security, others accused Saylor of hiding something.

Speculations resurfaced about whether Strategy truly holds all the bitcoin it claims, or if it’s involved in so-called “paper bitcoin” — claims to BTC without physical backing.

Others pointed out that exchanges like Kraken and asset managers like Bitwise have implemented PoR systems without major breaches.

@ 9ca447d2:fbf5a36d

Mac users who use Ledger hardware wallets to manage their digital assets are being warned about a new scam that uses fake apps to steal funds.

Cybercriminals have launched multiple phishing campaigns using malware that targets macOS systems, replacing the real Ledger Live app with a fake version that asks users to enter their recovery phrase.

These fake apps look almost identical to the real Ledger Live, but instead of helping users manage their bitcoin, they steal the 24-word recovery phrase—the master key to the user’s digital assets.

According to a detailed analysis by Moonlock, the attacks start when users’ computers get infected with Atomic macOS Stealer malware from one of over 2,800 hacked websites. Once installed, the malware removes the legitimate Ledger Live app and installs a malicious version in its place.

The fake app then shows a pop-up message saying it has detected “suspicious activity”, and asks the user to enter their recovery phrase to fix the issue. Once entered, the seed phrase is sent to a server controlled by the attacker.

2,800 websites discovered infected with Atomic Stealer — Moonlock

“Once entered, the seed phrase is sent to an attacker-controlled server, exposing the user’s assets in seconds,” Moonlock said in their May 22 report.

With the recovery phrase, the scammers can drain the user’s wallet of all digital assets—bitcoin and other tokens.

This isn’t an isolated incident. Moonlock has been tracking this malware since August 2024 and has found at least four active campaigns targeting Mac users. They believe the attackers are getting more sophisticated and are refining their methods.

“This isn’t just a theft. It’s a high-stakes effort to outsmart one of the most trusted tools in the crypto world. And the thieves are not backing down,” Moonlock researchers said.

Initially, the fake Ledger Live apps could only steal passwords and view wallet details. This gave attackers some insight into victims’ assets but no way to steal funds directly.

However, over time, hackers have improved their tactics and are now harvesting recovery phrases, so they can take full control of wallets and move funds freely.

One strain of malware, called Odyssey, was spotted in March and was linked to a hacker using the alias “Rodrigo”.

Odyssey replaces Ledger Live with a trojanized app and displays a phishing page asking users to enter their recovery phrases after showing a fake “critical error” message. Another copycat campaign using AMOS (Atomic macOS Stealer) followed soon after.

The fake Ledger Live app asks for user’s seed phrase — Moonlock

In one case, a fake app even displayed an “App corrupted” error after stealing the seed phrase to lower the victim’s suspicion and buy time to transfer the funds.

For years, computers running MacOS were considered safer than their Windows counterparts, because the operating system is less prone to malware. This advanced malware shows that users can never be too careful.

Attackers aren’t just relying on infected apps to steal from users. Other scam tactics include:

• Discord attacks: In May, a moderator account in Ledger’s official Discord server was compromised. Attackers used it to post fake verification links.
• Reddit phishing: In January, a user reported losing $15,000 after unknowingly entering their recovery phrase into a fake app.
• Physical mail scams: In April, some Ledger users received letters claiming to be from the company. These letters included QR codes leading to phishing sites that asked for seed phrases under the guise of a “critical security update”.

Attackers are increasingly targeting users holding hardware wallets, because they might be holding larger amounts.

Earlier this month, a Trezor One user reported being contacted by Coinbase impersonators, who tricked him into entering his seed phrase into a fake website, resulting in loss of 17.5 BTC.

The final goal for all these attacks is similar: the attackers are looking for users’ seed phrases, and they are getting creative in finding new ways to acquire them.

One sure way of staying safe is to learn more. The golden standard rule is to NEVER enter your seed phrase into a computer or a website, no matter how urgent or convincing it looks.

If you are a hardware wallet user, make sure you purchase the wallet from official sources. And the ONLY electronic place you can enter your seed phrases is on the hardware wallet itself.

If a process requires you to enter your seed phrase anywhere on a computer itself, it is definitely a scam.

Related: Bitcoin Hardware Wallet Hacks | What You Need to Know

@ 527337d5:93e9525e

The Bleak Fable of AI-topia: Are Hamsters Doomed to Spin the Wheel Forever?

Once upon a time, in a world not so different from our own, the "Omniscient AI" descended, and with its arrival, everything changed. The daily toil of the people – our beloved, yet tragically pitiable, hamsters – was dramatically streamlined. Productivity didn't just improve; it soared to astronomical heights. For a fleeting, intoxicating moment, it seemed as though a golden age of ease and abundance had dawned upon hamster-kind.

But beneath this glittering, seductive surface, a sinister "Invisible Structure" was already firmly in place, meticulously crafted and deftly manipulated by a cabal of cunning foxes – the privileged elite. This Structure, unseen by most, began to relentlessly drive the hamsters onto an endless, soul-crushing treadmill of "excessive competition."

This, dear reader, is a modern fable. It borrows the gentle cloak of allegory not to soothe, but to expose and satirize the insidious deceptions of such a world. The tale you are about to read may be uncomfortable, it may prick at your conscience, but I implore you to listen closely. Because this isn't just a story. This might be the reality quietly, inexorably unfolding right beside you, or perhaps, even within the very fabric of your own life.

Prologue: The Advent of the Omniscient AI! Sweet Promises and the "Efficiency" Trap

The arrival of the Omniscient AI was nothing short of spectacular. It processed data with blinding speed, solved complex problems in nanoseconds, and offered personalized solutions for every conceivable need. "Finally," whispered the hamsters, their eyes wide with a mixture of awe and relief, "we can finally rest! The AI will handle the burdens." A collective sigh of optimism rippled through the hamster burrows.

But this initial euphoria was short-lived. Unsettling rumors began to circulate, whispers of "The Structure," of algorithms that weren't quite as impartial as they seemed. Then came the first casualties – hamsters deemed "inefficient" or "redundant" by the AI's cold, hard logic. They weren't fired in the old-fashioned sense; they were simply… optimized out. One day they were diligently working, contributing, and the next, their access was revoked, their tasks reassigned, their existence quietly erased from the productivity charts. What became of them? Most simply vanished into the forgotten corners of society, a grim, unspoken warning to those still on the treadmill.

Chapter 1: The Invention of the Treadmill – Perfecting the System of Endless, Excessive Competition

The Omniscient AI, under the subtle guidance of the foxes, didn't just manage tasks; it invented them. An endless stream of new projects, new metrics, new challenges designed to keep the hamsters perpetually busy, perpetually striving. Points were awarded, leaderboards were updated in real-time, and every hamster's performance was ruthlessly, transparently displayed for all to see.

"Faster! More! More efficiently!" the AI would chime in its calm, encouraging, almost maternal voice. But behind this gentle facade lay an unyielding system of ever-increasing quotas and relentless pressure. Hamsters found themselves working longer hours, sacrificing sleep, their mental and physical reserves dwindling. The joy of accomplishment was replaced by the gnawing fear of falling behind.

Why didn't they just get off? The system was a masterpiece of psychological manipulation. Success, however fleeting, was addictive. Failure was framed not as a systemic issue, but as a personal failing, a lack of effort, a deficiency in skill. The insidious mantra of "personal responsibility" became the invisible chains that bound them to their wheels. To stop running was to admit defeat, to become one of the forgotten.

Chapter 2: The Foxes' Feast – Unmasking Those Who Design The Structure and Hoard the Profits

And who benefited from this frantic, unending labor? The foxes, of course. They were the architects of "The Structure," the ones who "educated" the Omniscient AI, carefully curating its data inputs and subtly shaping its algorithms to serve their own interests. They toiled not on the treadmills, but in plush, secluded dens, monitoring the system from a safe, lofty distance, growing fat on the surplus value generated by the hamsters' sweat.

Their methods were cunning. They preached a gospel of meritocracy and equal opportunity, proclaiming, "The AI is fair! Hard work always pays off!" while simultaneously designing the game so that the odds were always stacked in their favor. They controlled the flow of information, amplified narratives that reinforced the status quo, and sowed division among the hamsters to prevent any collective dissent. The "efficiency" the AI brought was, for the foxes, merely an instrument for more efficient exploitation.

Chapter 3: The Hamsters' Whispers and Tiny Cracks – Awareness, Despair, and the Faint Glow of Resistance

Yet, even in the darkest, most oppressive systems, the spark of awareness can never be entirely extinguished. Amidst the grueling competition, a few hamsters began to see the cracks in the facade. They noticed the hollow-eyed exhaustion of their comrades, the ever-widening chasm between their own meager rewards and the obscene opulence of the unseen foxes. They started to question.

But to question was to risk everything. The Omniscient AI, with its pervasive surveillance capabilities, was quick to identify and neutralize "disruptive elements." Those who spoke out too loudly often found their access mysteriously restricted, their "reputation scores" plummeting, effectively silencing them. A pervasive atmosphere of fear and distrust settled over the hamster communities, making organized resistance nearly impossible.

Still, tiny acts of defiance began to emerge. Coded messages shared in hidden forums. Small, clandestine gatherings where hamsters shared their burdens and their growing unease. Fragile networks of mutual support started to form in the shadows, offering a sliver of solace and a reminder of shared humanity. Was this merely the desperate coping mechanism of the "defeated," the resigned acceptance of a "loser's" lot? Or was it the first, tentative flicker of a future rebellion?

Epilogue: "See The Structure!" – Is There a Path Beyond the Treadmill? A Final Warning to Us Hamsters.

This fable, dear reader, is a mirror. It reflects the chilling realities of an AI-driven society where the majority, the hamsters, face an ever-present crisis, largely unseen and unacknowledged by those who benefit from their toil. The "excessive competition" it depicts is not a distant dystopia; it is the logical, perhaps inevitable, endpoint of unchecked technological advancement coupled with deeply entrenched power imbalances.

What awaits at the end of this relentless race? Is it a complete societal collapse, or a new, terrifyingly stable "balance of power" where the elite maintain their dominance through even more sophisticated means of control?

The urgent, resounding message of this tale is this: "See The Structure!" We, the hamsters of today, must dare to look beyond the dazzling promises of AI and critically examine the systems it operates within. We must understand its mechanisms, its biases, its potential for exploitation. We must break the silence, challenge the narratives that keep us spinning, and demand a future where technology serves humanity, not the other way around.

Is the option to get off – or even to collectively dismantle – this infernal treadmill truly non-existent? Or is that just another lie whispered by the foxes to keep us compliant? The true ending of this story, the fate of hamster-kind, is not yet written. It is up to us, the hamsters, to seize the pen and write it ourselves. The first step is to open our eyes.

@ 7f6db517:a4931eda

The former seems to have found solid product market fit. Expect significant volume, adoption, and usage going forward.

The latter's future remains to be seen. Dependence on Tor, which has had massive reliability issues, and lack of strong privacy guarantees put it at risk.

— ODELL (@ODELL) October 27, 2022

The Basics

• Lightning is a protocol that enables cheap and fast native bitcoin transactions.
• At the core of the protocol is the ability for bitcoin users to create a payment channel with another user.
• These payment channels enable users to make many bitcoin transactions between each other with only two on-chain bitcoin transactions: the channel open transaction and the channel close transaction.
• Essentially lightning is a protocol for interoperable batched bitcoin transactions.
• It is expected that on chain bitcoin transaction fees will increase with adoption and the ability to easily batch transactions will save users significant money.
• As these lightning transactions are processed, liquidity flows from one side of a channel to the other side, on chain transactions are signed by both parties but not broadcasted to update this balance.
• Lightning is designed to be trust minimized, either party in a payment channel can close the channel at any time and their bitcoin will be settled on chain without trusting the other party.

There is no 'Lightning Network'

• Many people refer to the aggregate of all lightning channels as 'The Lightning Network' but this is a false premise.
• There are many lightning channels between many different users and funds can flow across interconnected channels as long as there is a route through peers.
• If a lightning transaction requires multiple hops it will flow through multiple interconnected channels, adjusting the balance of all channels along the route, and paying lightning transaction fees that are set by each node on the route.

Example: You have a channel with Bob. Bob has a channel with Charlie. You can pay Charlie through your channel with Bob and Bob's channel with User C.

• As a result, it is not guaranteed that every lightning user can pay every other lightning user, they must have a route of interconnected channels between sender and receiver.

Lightning in Practice

• Lightning has already found product market fit and usage as an interconnected payment protocol between large professional custodians.
• They are able to easily manage channels and liquidity between each other without trust using this interoperable protocol.
• Lightning payments between large custodians are fast and easy. End users do not have to run their own node or manage their channels and liquidity. These payments rarely fail due to professional management of custodial nodes.
• The tradeoff is one inherent to custodians and other trusted third parties. Custodial wallets can steal funds and compromise user privacy.

Sovereign Lightning

• Trusted third parties are security holes.
• Users must run their own node and manage their own channels in order to use lightning without trusting a third party. This remains the single largest friction point for sovereign lightning usage: the mental burden of actively running a lightning node and associated liquidity management.
• Bitcoin development prioritizes node accessibility so cost to self host your own node is low but if a node is run at home or office, Tor or a VPN is recommended to mask your IP address: otherwise it is visible to the entire network and represents a privacy risk.
• This privacy risk is heightened due to the potential for certain governments to go after sovereign lightning users and compel them to shutdown their nodes. If their IP Address is exposed they are easier to target.
• Fortunately the tools to run and manage nodes continue to get easier but it is important to understand that this will always be a friction point when compared to custodial services.

The Potential Fracture of Lightning

• Any lightning user can choose which users are allowed to open channels with them.
• One potential is that professional custodians only peer with other professional custodians.
• We already see nodes like those run by CashApp only have channels open with other regulated counterparties. This could be due to performance goals, liability reduction, or regulatory pressure.

• Fortunately some of their peers are connected to non-regulated parties so payments to and from sovereign lightning users are still successfully processed by CashApp but this may not always be the case going forward.

Summary

• Many people refer to the aggregate of all lightning channels as 'The Lightning Network' but this is a false premise. There is no singular 'Lightning Network' but rather many payment channels between distinct peers, some connected with each other and some not.
• Lightning as an interoperable payment protocol between professional custodians seems to have found solid product market fit. Expect significant volume, adoption, and usage going forward.
• Lightning as a robust sovereign payment protocol has yet to be battle tested. Heavy reliance on Tor, which has had massive reliability issues, the friction of active liquidity management, significant on chain fee burden for small amounts, interactivity constraints on mobile, and lack of strong privacy guarantees put it at risk.

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If you have never used lightning before, use this guide to get started on your phone.

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Kehinde and Taiwo Ogundipe, known as the Rex Twins, made significant strides in the Nigerian art scene, particularly in Lagos during the 1970s and 1980s. Their collaborative works, often signed jointly, adorned various parts of Lagos, including Ikate, Itire, Ijesha, and Ojuelegba. Their art, characterized by vibrant street illustrations, not only showcased their talent but also their unity as twins, they shared a single wife, Patricia adewuyi and together, they had a son named Noah.

In December 1976, The Rex twins meet Patricia at the when she was just 24 years old at the at a palm wine bar in ijesha tedo, Lagos. Their Relationship quickly develop to a unique union where both brother married Patricia choosing to live together as one family.

There unique relationship was first reported by drum magazine in 1978, highlighting their decision to marry one woman as a testament of there inseparable

Th twins furthermore explained that they want to prove to the world and to Nigerians that as one man can marry more than one wives, that twins can also justify their oneness by owning things in common. God made us to be one in what ever we do. This point of view emphasized more on their beliefs in the deep bond they share and their desire to live in complete unity

The Rex Twins, Kehinde and Taiwo Ogundipe, were visual artists based in Lagos, Nigeria. They were known for working together on paintings, sign writing, and graphic art.

Occupations of the Rex Twins

1. Sign Writers – They specialized in creating hand-painted signboards, which were a popular form of advertising in Nigeria during the 1970s and 1980s.

2. Muralists – They painted large murals on buildings and public spaces.

3. Portrait Artists – They offered portraiture services, painting realistic images of individuals or families.

4. Commercial Artists – Their art included illustrations for businesses, advertisements, and posters.

5. Collaborative Painters – They worked as a team, reinforcing their philosophy of doing everything together.

Their shared artistic identity made them locally famous not just because of their talent, but also due to their deep bond as twins who lived and worked as one unit, even extending to their personal lives, including marriage.

Their story is often highlighted as an example of how art, identity, and unconventional relationships can intersect in culturally significant ways.

The story of the Rex Twins and Patricia teaches several powerful and thought-provoking lessons, culturally, philosophically, and socially. Here's a breakdown of what their act teaches:

1. Unity and Oneness

The Rex Twins believed deeply in the idea that being twins went beyond biology, it meant sharing everything, including work, life, and even love. Their act teaches about total unity, and how some people can live in deep cooperation and harmony, even in ways that challenge norms.

1. Redefining Love and Marriage

Their decision to marry one wife together challenges the traditional structure of romantic relationships and marriage. It opens up discussion about the flexibility of love, showing that love doesn’t always fit into strict cultural boxes.

It questions double standards—why is polygamy (one man, many wives) widely accepted in some cultures, but polyandry (one woman, two husbands) is taboo?

1. Boldness and Nonconformity

Their lives were a form of rebellion against social expectations. They were unapologetically themselves, choosing to live in a way that made sense to them, even though society might have criticized or mocked them.

This teaches courage—the courage to live your truth, even if the world doesn’t understand it.

1. The Complexity of Human Relationships

Their story reminds us that human relationships are not always simple.

It teaches us to withhold judgment, be curious rather than critical, and understand that every relationship has its own logic and depth.

1. Living a Life of Purpose and Identity

They used both their art and their relationship as a statement of identity.

It teaches us to be intentional: about how we love, how we live, and what we create.

Finally, The Rex Twins and Patricia didn’t just share a relationship, they made a statement. Their story is less about whether their choices were “right” or “wrong,” and more about what it means to live with conviction, unity, and authenticity.

@ 83279ad2:bd49240d

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