GM everyone. Food for thought:
goodzilla
npub12uzx...h29w
I believe in decentralization [of power] & open source & privacy!
Make love not war!
The last episode on the ledger debacle. It should be clear by now that this company lost all trust. It should also be pretty obvious that they received half a billion from investors who wants to get something in return. Their actual business model is not generating enough revenues - its a one-off model. Subscriptions (recovery-service) is needed to drive customer lifetime value.
Don't trust companies! Always verify!
#opensource
This is the way!

X (formerly Twitter)
Bitcoin News (@BitcoinNewsCom) on X
NEW: π¨Ledger CEO "The only concern is if we get subpoenaed by a government" π±π
Whats your experience with bitbox?
Seems pretty good and open source.


BitBox shop π
Official store for BitBox hardware wallets and backup accessories
It is never about human rights or democracy. Money money money...


This is insane. Ledger a new Trojan horse if true...


This is fraud!


Wow! Ledger seems to hijacking their hardware wallets with a backdoor to seed phrases. Even if you don't not use their recovery service, the backdoor is still their - means you have to trust Ledger!

BeInCrypto
Ledger Sparks Outrage With ID-Based Seed Phrase Recovery
Crypto wallet manufacturer Ledger is under fire for releasing a firmware upgrade that includes a subscription-based feature called 'Recover.'
The more I see about framework the more I am into their vision of producing highly reusable tech components:
Old documentary but now more important than ever about the FED:
How does bitcoiners view rootstock.io ?
I am really curious to learn more about the btc ecosystem.
Hmmm need to learn more about this new btc backed stablecoin:
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Sovryn - The Leading Decentralized Bitcoin Trading and Lending Platform
Sovryn is a decentralized platform for Bitcoin trading and lending. Experience fast, secure, and low-cost transactions with user-friendly DeFi feat...
How this all could play out?
Create the problem - destroy banks.
Deliver the solution - CBDCs.
"Your deposits are only save with CBDCs operated by us (fed)"
People will fall for that but I hope BTC can save as many as possible...
GM everyone!
I was thinking about this formula a lot which describes when change happens:
C = D x V x F > R
C = change
D = dissatisfaction
V = vision
F = first steps
R = resistance
If the the product of D, V, F is bigger than R -- change happens.
How will people change with the current potential financial crisis? Will D big enough? Do they see BTC (V) as a beneficial solution?
Interesting times!
USDC looks like CBDC. The recent black swan event could be used to "save" the peg by the FED or Wallstreet.
USDC can act like a bank already:
"In other words, they can kick out anyone from the system, rendering his funds useless. And they can stop entire USDC token from moving anything."
https://ylv.io/circle-usdc-technical-overview/
I would not wonder if $USDC stable coin is meant to be a kind of CBDC injected like a tojan horse. Wallstreet (e.g. Black Rock) is invested in Circle (issuer)...
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