For me, it didn't take long and seemed normal.

Make sure you have enough inbound liquidity in the target wallet. It took me a bit to realize that was my issue.

It's fixed now. Looks like any material is gated by logging in via twitter. Hard pass

Their "school" https://school.taprootwizards.com doesn't have a valid cert

I appreciate the work you and Spiral have done advancing bitcoin and lightning.

Way too much drama to follow but here are two interesting github links: https://github.com/lightningdevkit/rust-lightning/pull/2300 https://github.com/lightningdevkit/rust-lightning/pull/2323

What are some of the difficulties with setting up direct deposit? It's my favorite way to buy bitcoin and wish I could on River.

Good sentiment overall, but no one knows what the price will do. If you're so confident then short bitcoin :)

I'm so relieved. Thanks Paxos Trust Company.

You may be right. I can see some benefits, but also some downsides (torturing the seed phrase out of you, using drugs to trick you, overconfidence in your memory, physical head injury). I haven't seen using a memory backup as being an recommendation from a security expert so i'm skeptical as using it as a selling point for the ease of self custody.

love that!

If you aren't already, it may be worth it to have some fatter UTXOs. I personally use a minimum of about $100 for on-chain.

Remembering a seed phrase is very difficult and bad practice, which I think is line with your oversimplification of self-custody, particularly with large amounts/percentage of your savings. There are a lot of footguns and gotcha's that I have personally messed up with over the years ("testing" on hot device, taking picture, where to store, on what to store, etc), and I consider myself (now) pretty technically knowledgable.

That being said I also think self custody is the most important part of bitcoin and we should help teach/encourage people to do it properly.

Not every address requires a private key! https://bitcoin.stackexchange.com/questions/72700/transactions-without-signatures

This address represents a P2PKH, so the hash160(public key) = 759d6677091e973b9e9d99f19c68fbf43e3f05f9. I don't understand the math well enough to know if there is a public key that satisfies that equation, but if there is, then a private key exists as well.

If you are technical you can understand the concepts of invoices and integrating lightning into an application fairly easily through calling endpoints on a lightning node. This course looks pretty good for that type of thing: https://www.udemy.com/course/pleblabaustin/. If you really want to understand lightning actually works, I would first suggest trying to get a solid understanding of how bitcoin works with Andreas' book: https://github.com/bitcoinbook/bitcoinbook. Just note that the ecosystem is huge and there is a lot of stuff to learn but any progress is worth it.

Well written Jimmy. This reflection challenged me to think about how I immediately accepted S2F as fact and then, when it did not hold true, completely forgot about it. One final thought, maybe the first two paragraphs are not super necessary?

Really awesome that the software/firmware is FOSS! https://github.com/frostsnap/frostsnap

My guess is that Strike also mitigates that risk by having much lower limits on buys/withdrawals. It's hard to follow the differences in exchanges, especially when some of the policies change based on the risk profile of the customer. In general, I buy normally on strike and if I ever get a large inflow of cash, use River.

My first job used J2EE and I never understood it, which made me feel dumb as a young grug. So happy I left that job. So happy I read this today

I hadn't thought of that before! My cache game is not strong. Something I probably need to consider more.

Just a small tidbit I learned about lightning addresses. If you have an address like this: darthcoin@stacker.news, it means that stacker news should return a LNURL pay json object at https://stacker.news/.well-known/lnurlp/darthcoin