Matt Carvalho 's avatar
Matt Carvalho
_@me.mattcrv.com
npub1sedk...ekcj
chronicling the products layered upon the bitcoin protocol. dying on the crypto(graphy)-abolitionism hill.
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mattcrv 1 year ago
hey @Egge, I'm loving my mattcrv@npub.cash, congrats! is there a way I could set up to receive the ecash notes via DM? Or at least get notified via DM when there are notes to be claimed?
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mattcrv 1 year ago
Are there other exchanges doing this? Xapoimage charges a fee for deposits of less than 0.0007 BTC (~$36). That's reasonable considering how expensive it is for them to consolidate those UTinyXOs.
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mattcrv 1 year ago
Do you agree with @Luke Dashjr that APIs to submit out-of-band transactions directly to pools are an attack? If yes, you have 2 options: 1. Run Libre Relay to propagate non-std txs and render Marathon's Slipstream obsolete. 2. Try to change consensus. Complaining will only expose your lack of understanding of the incentives at play.
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mattcrv 1 year ago
Bitcoin is NOT for everyone. It's only for those who can afford on-chain fees.
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mattcrv 1 year ago
Many criticize @David Marcus' decision to promote UMA instead of "an off-the-shelf LNURL implementation with an LUD-18-based compliance and LUD-21". I think it’s perfectly logical. Lightspark is targeting VASPs that want to provide a cheap, compliant and instant FX solution to their users. Those institutions don't care if what's under the hood is LNURL or something else. If they cared, they'd have implemented LNURL already β€” the building blocks have been around for years.
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mattcrv 1 year ago
dang, @strike has some fierce competition for ranking in the app stores image
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mattcrv 1 year ago
The biggest threat that will attract regulatory scrutiny to Bitcoin isn't covenants, Taproot Assets, Lightspark's UMA, or any of Bitcoin Twitter's villain of the week. It's adoption. More bitcoiners, more regulators' eyeballs. πŸ€·β€β™‚οΈ
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mattcrv 1 year ago
I've just found out @David Marcus is on Nubank's board. Onboarding 90M+ Latin Americans to Lightspark's UMA would be neat! πŸ‘Œ Nubank's remittances offering is weak, they already sell bitcoin via Paxos, and Revolut is investing heavily in Brazil πŸ‡§πŸ‡·, so the pieces are falling into place! 🀞
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mattcrv 1 year ago
What if we recycled the dollar sign as the sats symbol? ♻️ #Bitcoin will replace fiat currencies, leaving $ up for grabs. No need to buy new keyboards. But $ represents the opposite of our values. Wouldn't it be more symbolic to trash both fiat and $? πŸ—‘οΈ image
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mattcrv 1 year ago
it was an honor to host this panel at Satsconf featuring @calle , @EVAN KALOUDIS and Nickolas! timely convo on custodial vs self-custodial wallets/solutions:
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mattcrv 1 year ago
We have a surprise announcement! 🎁 For #Bitcoin to be adopted globally, it needs to be as user-friendly as possible β€” even when it comes to seemingly minor details. And there's one detail we've been missing for years: a unique and recognizable symbol for sats. Reaching consensus on a new symbol is hard, but it's worth the effort. A sats symbol has the potential to transcend language barriers, akin to $, Β₯, €, or Β£. So we decided to embark on this quest. Read our announcement: https://blog.bitkit.to/we-still-need-a-sats-symbol-d1471d46131d
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mattcrv 1 year ago
it's fascinating to watch the growing awareness of the "zero interest rate phenomenon". i hear about it in every non-#bitcoin tech circle nowadays now that the concept of malinvestments is mainstream, i wonder how close people are to grasping what fixes this... ⏳
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mattcrv 1 year ago
regulated exchanges have an easier time implementing Lightning withdrawals than deposits because sender privacy is pristine, unlike receiver privacy. i wonder if blinded paths/bolt12 will make it harder for exchanges to integrate Lightning withdrawals πŸ€”
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mattcrv 1 year ago
congrats to the brazilian Hashdex team πŸ‡§πŸ‡· for making it into the selected 11 and all, but seriously... $DEFI gotta be the worst possible ticker for a BTC ETF. DeFi is the antithesis of everything #bitcoin stands for.
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mattcrv 2 years ago
TIL the term "hyperbitcoinization" was coined by a BSVer
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mattcrv 2 years ago
watching a random iPhone 15 vid, and the top comment advocates for violence as a fix to a small problem i wonder what they'd advocate for if there was a virus spreading around the globe image
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