boom boom boom

You may not like it, but this is what peak performance looks like.

Bitcoin has lived in my mind rent free everyday for over a decade. Wild.

I can't believe how good the game theory of Bitcoin is. Amazes me everyday. The block size The supply cap The difficulty adjustment (absolute genius) The ~10min block intervals The fee market The private/public keys The UTXO set The p2p network The adversarial and anti-fragile nature of it all Just incredible foresight. Never seen anything like it before.

When you realise computers and the internet are tools for freedom, not just entertainment...

10 things I like about Bitcoin    - Open source - Finite supply - Fair distribution - Decentralised - Sticks to the rules - Seizure resistant - Censorship resistant - No downtime - No leader or central authority - It's global

@ODELL in disbelief.

X marks the spot where a thriving community once lived. h/t @Sound Money

The road to hell is paved with good intentions.

For your safety.

Changes to cryptocurrency and other payments - CommBank

To help keep you safe and protect you from fraudulent transactions, we’re making changes to cryptocurrency payments.

LFG

A step by step guide for newcomers on how to self custody, alongside an important FAQ on how to improve.

Sparrow Wallet 101: Self Custody Your Bitcoin | Ministry of Nodes

This article describes how to self custody your bitcoin using your laptop or desktop PC.

DIY MULTISIGNATURE WALLETS FOR SELF CUSTODY There's been a bit of chatter around DIY multisignature wallets using hardware wallets from different vendors. As you dip your toes into it, here are some questions you might want to ask yourself.👇 1. What do I need to back up? What exactly am I backing up here? 2. What do I do if I lose one of the hardware devices? 3. What do I do if one hardware device is compromised? 4. What do I do if a hardware device updates to a new firmware that is no longer compatible with the multisignature software tool I'm using? 5. What do I do if the multisignature software tool I'm using is no longer compatible with a hardware device I'm using? 6. How often do I check my hardware devices to see if they're still functioning? 7. How often do I update the firmware to my hardware devices? Will this break anything? Have I tested post firmware update? 8. Where do I physically store my hardware devices? 9. Where do I store the seeds to the hardware devices? 10. Have I tested recovering my multisignature wallet? 11. Have I tested recovering my multisignature wallet in an alternative software to the multisignature tool I'm currently using? Do I get the same result? 12. Have I tested creating and signing a transaction from my multisignature wallet using all possible combinations? 13. If I need to restore my multisignature wallet, does the order of the devices matter in the software tool I'm using? Have I tested this? 14. Device specific considerations - Would you be comfortable with keeping (for eg) a Trezor One in a location that others have access to? 15. Have I thought about this setup from an inheritance perspective in the event something unforeseen were to happen to me? Side note: some examples of multisignature wallet software tools include electrum, caravan, specter, sparrow and lily. Whilst multisignature wallets add considerable security to your Bitcoin, DIY options right now present opportunities to shoot yourself in the foot if you're not careful. Some of the questions are deeply personal. It takes time and effort to understand the complexities involved. Freedom doesn't come for free.

Have they considered stopping the printing of money?

Search "bring back the guillotine" on Twitter and click the Latest tab. Thousands of hits. Thousands. Well before I tweeted it. Yet my account is the one that gets permanently banned. Sus af.

PSA: The electricity at my place will be out tomorrow from 7am to 5pm AEST (ridiculous, I know). As such, the Ministry of Nodes website, webstore and BTCPayServer will be down. Not your keys, not your coins. Not your node, not your rules. Not your home, not your hash. Not your ISP, not your connection. Not your grid, not your power.

"Bring back the guillotine" chanted on Twitter. Next day Daniel Andrews, Premier of Victoria resigns. 🤔

"Bring back the guillotine" tweets are getting more attention on Twitter than my original post ever did. Streisand effect, phenomenon in which an attempt to censor, hide, or otherwise draw attention away from something only serves to attract more attention to it.

How scared must they be if low level shit kicker Twitter accounts like mine are permanently banned for even joking about death penalty consequences for politicians?

Remember when everyone started Googling "mass formation psychosis" and Google put up this disclaimer? Never forget.