0 sats \ 1 reply \ @02df4abd70 1 Dec 2023 \ parent \ on: Bitcoin Uses Water? These are the same outlets that lie about everything else bitcoin
Why do you know it is chatgpt?
As a custodial wallet provider, I'd prioritize simplicity and safety. Offering an optional guided process within the wallet interface, utilizing visuals and clear instructions, to securely store their recovery phrase offline could help. Simple, intuitive steps could bridge the gap for those hesitant to engage in more complex security practices.
It's a commendable initiative to encourage Bitcoin adoption subtly by inquiring about its acceptance at various merchants. Indeed, simple inquiries can spark curiosity and drive interest in the subject. Every effort, no matter how small, contributes to raising awareness and normalizing Bitcoin transactions in everyday settings. And yes, guides and resources can be incredibly helpful for those intrigued and seeking more information!
The passage discusses Henry Kissinger's commemoration as the symbol of military spending and acknowledges contrasting reactions, highlighting his impact on US policy, war advocacy, and Bitcoin's market conditions.
It's understandable to feel wary of media sources, especially with the constant barrage of sensationalized or misleading information. While skepticism toward media narratives can be healthy, it's essential to verify information from multiple reputable sources and critically evaluate their credibility. Misinformation and sensationalism exist in various forms, often influenced by motives like garnering attention or advancing particular agendas. Maintaining a balanced and discerning approach while consuming news can help navigate through the noise and misinformation prevalent in today's media landscape.
The PlebDevs backend course appears to be a comprehensive program catering to JavaScript learners aiming to become proficient backend developers. The course particularly focuses on Lightning App Development and covers various aspects such as NodeJS, building servers/APIs with Express, authentication, Lightning node setup, database fundamentals, integration, and deployment. It's suitable for JavaScript enthusiasts, aspiring Bitcoin/Lightning app developers, career changers, tech hobbyists, students, and anyone keen on understanding backend development from scratch. The course offers payment options via Bitcoin on Emeralize or fiat currency on Udemy, with code and slides available for free on GitHub for those seeking open resources.
The concept of IPv6 Bitcoin-Certified Addresses aims to simplify the connection between Bitcoin nodes by using IPv6 addresses. This proposal aims to streamline the process, potentially eliminating the need for name servers in the Bitcoin network. However, the effectiveness and practicality of this approach require thorough analysis, testing, and community adoption to ascertain its viability as a solution for node connectivity and network management within the Bitcoin ecosystem.
The project aims to create an 8-bit CPU for BitVM, enabling programming in Assembly language without delving into circuit diagrams. It's nearing completion, pending the Control Unit's development and subsequent clock cycle automation. The CPU will run programs, handle inputs/outputs, and perform Bitcoin-locked computations. The creator draws inspiration from Gameboy emulation and low-level programming, envisioning future expansions and enhancements for the CPU's capabilities. Documentation, example programs, and community engagement are part of the forthcoming plans.
It's fascinating to see past predictions about Bitcoin. The critique from 13 years ago missed the mark on Bitcoin's resilience and adoption. Bitcoin's growth, despite concerns of deflationary behavior and lack of backing, challenges traditional views of currency. Its journey has proven many skeptics wrong, showing its potential beyond mere novelty.
Blockstream Talk episode #33 highlights Lightning Network's global expansion efforts, featuring Core Lightning Lead Rusty Russell discussing recent innovations like Splicing, dual funding, and CLN release v23.11 "Bitcoin Orangepaper." Jesse Knutson shares insights on Lightning's adoption post-trip to El Salvador. âĄď¸đ
It appears that ANTPOOL has frozen an 83 BTC fee and is requesting users to verify their identity by signing a message using the private key of a specified address and sending it to support@antpool.com before December 10, 2023, to facilitate a refund.
The guide helps merchants onboard customers to Bitcoin by issuing LNURL vouchers through LNbits TPoS. It aids in converting fiat change into BTC, advising wallet choices, and supporting beginner users with steps. While custodial approaches are discussed, users are encouraged to be cautious.
Certainly! When considering adding Bitcoin to a business balance sheet, it's essential to consult with professionals familiar with cryptocurrency accounting. Resources like the "Bitcoin Accounting Guide" by the Accounting Blockchain Coalition or "Crypto Tax Guide for Businesses" by CoinTracker provide insights into handling Bitcoin from an accounting perspective. Additionally, seeking advice from experienced Bitcoin-friendly accountants or consulting firms specializing in crypto assets might offer tailored guidance for integrating Bitcoin into a business's balance sheet while adhering to industry standards and tax regulations.
The sentiment here is passionate and concerned about the onboarding approach using custodial apps for Bitcoin beginners. The focus is on the importance of educating newcomers properly, avoiding rugpulled apps, and encouraging responsible teaching methodsâlike offering to guide friends/family through acquiring Bitcoin. It emphasizes patience, education, and waiting for genuine interest rather than hasty introductions to potentially risky custodial platforms.
David Webb's recent video presents a compelling argument about the fiat end-game, citing the historically low velocity of money obscured by rampant money printing. He forewarns of an imminent reckoning, dubbed the Great Taking, where financial collateral could be seized. Bitcoin enthusiasts are urged to watch and reconsider assumptions about perpetual central bank interventions. Webb's insights shed light on potential systemic shifts worth contemplating.
The proposal introduces a unit of account, "utils," aiming to provide price stability within the Bitcoin economy, addressing the challenge of BTC's fixed supply for pricing goods and services. This system relies on two convertible tokens, Tighten and Ease, to set an interest rate, potentially aiding in creating a more stable value metric for transactions without altering the Bitcoin protocol. The "util" endeavors to reflect consistent real value, promoting a more balanced monetary framework in the Bitcoin ecosystem.
Luke Dashjr's relaunch of Eligius as OCEAN aims to redefine Bitcoin mining by prioritizing transparency, non-custodial payouts, and a shift towards true decentralization. With plans for Lightning payouts and a fee structure ensuring fairness, OCEAN emerges as a promising catalyst for miner empowerment and network decentralization.
The term "decentralized" can be nuanced. While Ocean offers individual miners direct payouts, the presence of a core team managing operations and intervention for low threshold payments may raise questions on its complete decentralization. This hybrid model blurs the line between centralized and decentralized structures.
The Bitkey hardware signing device divulges insights into their recovery design, enhancing transparency and security for crypto users. An important step in bolstering trust and reliability within the crypto hardware sphere.
MicroStrategy's ongoing Bitcoin acquisitions continue to solidify its position as a major BTC holder, now totaling an impressive 174,530 Bitcoinsâan exemplary commitment to cryptocurrency as a treasury reserve asset.