Bertha

I get most of my signal from the ridiculous news articles that are clearly paid for manipulation on TradingView.

I think true innovation in Bitcoin still lives at the protocol level. Protocol enhancements should obsolete most service based businesses.

Time locking sats with at time of withdrawal fee setting. Seems like the ultimate self custody tool?

Everyone knows we’re going above 112k quit trying to convince us otherwise

When you sign a transaction you provide two bits of evidence. The signature of the hash of the transaction you are signing that is mixed with a random number, and a random point on the elliptical curve that was computed with the random number. With the random point plus the public key the verifier can validate you must have the private key to the public key and that signature was made with the same private key because they can produce the same random point with those two data points ?

In school when you did algebra you were given various values for a or b or x and y and if you were given enough real life values for those things you could figure out all the values of the other letters in the equation. When you sign a Bitcoin transaction you need to use a random number to prevent people eventually having enough values for the a/b/x/y and figure out your private key if you do multiple transactions with it. Deterministic nonces (nonce = random number) are based off the hash of the transaction you’re signing so will only ever be used once. This prevents signers messing up the random number that protects your private key. This is what I think I learned this weekend. Now I think I know why NVK keeps mentioning them in Bitcoin Review.

Let’s have some way of having vaults before states stack too much and get short term regulation ideas.

BITCOIN SEASON 2 is one of the most thought provoking podcasts i listen to. My gut is that Bitcoin needs to evolve to stay alive as that’s how it came to life. Many risks in that strategy but rolling if life forms don’t evolve they become extinctZ

I don’t really mind the concept of Citrea building on top of Bitcoin. I guess it’s the free market in action. Success or failure will happen. That said more focus on self custodial features would be my preference. Self custodial features preserve and strengthen the baseline value proposition of the network. But increasing those features has a less obvious payoff for market participants. I would hope that such features benefit miner pools to retain the incentives. I would pay 10x fees to lock my coins up in a way that prevents spends for a period of time but allows transactions in the future - obviously there are probably better setups and that requires more thought. The incentives of promoting self custodial confidence seems like a long tail opportunity.