CPI printed 3.4% yesterday. Rate hike odds dropped within minutes.
Same week, Larry Fink said Wall Street needs trillions more dollars. Trump Media quietly added another 4,600 Bitcoin.
Rustin doesn't call that a coincidence. π
Simply Bitcoin
simplybitcoin@primal.net
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Keeping you up-to-date with the peaceful Bitcoin revolution.
Nvidia just lined up $500B in financing with Wall Street's biggest names. Larry Fink says building it out will take 70 gigawatts of power, at $60B a gigawatt. That's $4.2T nobody has sitting in cash.
Dante Cook walks through where that money actually has to come from, and why the answer points straight at Bitcoin.
Bitcoin just split in two.
BIP-110 nodes rejected an Antpool block, creating two chains with two sets of rules.
Only 2.5% of hash rate had signaled support.
Now the minority chain is more than 300 blocks behind and falling.
Hurley breaks down the BIP-110 controversy and what
Less Noise, More Bitcoin π


No Rush. No Pressure. Just Peace.
Bitcoin π 

Bitcoin split into two separate chains this week. Japan's biggest insurers are sitting on $100 billion in unrealized losses. Jamie Dimon just said America's reserve currency status could be slipping away. And Bitcoin kept producing blocks through all of it.
Dante Cook walks through why the same week Bitcoin proved it can survive a civil war, the system it's supposed to replace kept showing why people want out.
BIP-110 could trigger a Bitcoin chain split, hard fork, and even a proof-of-work change.
Samson Mow says only 1β2% of hash rate is currently supporting it and calls the potential outcome a βbig, juicy nothing burger.β
Rustin and Samson break down the BIP-110 controversy and what could happen next.
BIP-110 could trigger a Bitcoin chain split, hard fork, and even a proof-of-work change.
Samson Mow says only 1β2% of hash rate is currently supporting it and calls the potential outcome a βbig, juicy nothing burger.β
Rustin and Samson break down the BIP-110 controversy and what could happen next. π
THE BIP-110 FORK HAS BEGUN!!! 

The biggest scam wasn't convincing you to work harder.
It was convincing you inflation is normal.
Millennials & Gen Z did everything they were told.
Yet the finish line keeps moving.
Hurley explains why. π
If you lost your Bitcoin in the Coldcard & BTCPayServer attack this week...
Our hearts go out to you. π§‘
This is not the end.
Keep your head up. Keep building. Keep stacking.
π¨Update your BTCPayServer immediately!!! π¨
YOUR FUNDS MAY BE AT RISK!!!
The @BTCPay Server attack is real π
1. Server settings > maintenance > update
2. Wait 60 seconds > refresh
3. Verify v2.4.2 in the bottom right hand corner at π

GitHub
GitHub - btcpayserver/btcpayserver: Accept Bitcoin payments. Free, open-source & self-hosted, Bitcoin payment processor.
Accept Bitcoin payments. Free, open-source & self-hosted, Bitcoin payment processor. - btcpayserver/btcpayserver

PSA π¨ Google is currently selling its top sponsored ad slot for "Trezor wallet" searches to a phishing site, not Trezor.
At least one user reports losing his life savings after typing his recovery seed into it. Google took payment for the ad space. The scammer took his Bitcoin.
Trezor has confirmed it and is fighting for a takedown. Google's ad review somehow missed a wallet drainer buying a paid placement above the real company's own website.
Never type your seed phrase into any website, ever. Bookmark your wallet's official site instead of Googling it, sponsored slots get bought by scammers and Google keeps cashing the check.


Boomers that had Bitcoin on exchanges bc they couldn't figure out hardware wallets
A Coldcard co-founder maintained the code behind the wallet's random number generator under a pseudonym for five years. Nobody flagged it because nobody knew it was him.
$116 million and 5,200 wallets later, Rustin walks the timeline and hands you the receipts.
Following the recent Coldcard incident, Nick Neuman, CEO of @Casa explains how Bitcoiners can build a more resilient self-custody setup by eliminating single points of failure:
"I think that there's still a lot of potential for self-custody for the future of humanity."
"People really need to shift their mindset when they are self-custodying their assets. You need to figure out a setup where multiple different providers, companies, security experts, are acting as a check on each other. And if one of them fails, your whole setup doesn't fail."
If you got rid of your Coldcard, you might want to do the same with your BlockClock. 

Multisig Bitcoin cold storage will be the standard going forward.
URGENT: If you own a Coldcard, read this now.
A firmware bug traced to 2021 has drained well over 1,000 Bitcoin, and Dante's tracking the number as it climbs, with reports still coming in.
Affected: MK3, reportedly MK4, Q, MK5. Migrate if you used on device RNG.
Anthony Fauci pleaded the Fifth Amendment 111 times this week, even with a pardon already covering everything he could say.
The same week, the 30-year Treasury yield hit its highest level since 2007.
Hurley connects what got hidden about the money to the virus.