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All views are my own. Tech finance manager, Bitcoin believer.
GM! You’re never going to retire your bloodline unless you own self custodied Bitcoin and hold the seed phrase yourself.
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Fountain: Podcasts & Music
THE Bitcoin Podcast • SAVEOURWALLETS.ORG, MINING POOL CENTRALIZATION, VIBE CODING WALLETS, FILTERS, & MORE| Matt Corallo • Listen on Fountain
"We need to get the law changed so that developers, so that people running these kinds of wallets are protected so that we can have access to these...
GM! The Bitkey tradeoffs are perfectly reasonable for a noob with a modest stack. The Bitkey marketing is an attack on Bitcoin.
Have a great Friday!
GM! You can just take self custody and hold your own steel backup and instantly be amongst the most sovereign individuals to ever live, but 99.99% are too scared. Wild time to be alive!
👍🏻⚡️🫡
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Fountain: Podcasts & Music
THE Bitcoin Podcast • ROCKSTAR DEV: SQUARE ENABLES BITCOIN, CENTRAL BANKER CANCER, RIPPLE SUCKS, BITCOIN FIXES THIS (VEGAS 2025) • Listen on Fountain
In this episode of The Bitcoin Podcast, Walker America interviews Rockstar Dev at the Bitcoin conference in Las Vegas, discussing Bitcoin adoption,...
👍🏻👍🏻👍🏻
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Fountain: Podcasts & Music
Citadel Dispatch • CD162: SETH FOR PRIVACY - PAYJOIN, SILENT PAYMENTS, AND CAKE WALLET • Listen on Fountain
Seth is VP of Cake Wallet, a self custody bitcoin wallet available on ios, android, and desktop. We discuss their privacy focused features and how ...
I think we need more thought around your “grip” on your keys, aka the strength of your backups in these discussions. At one extreme, No backup = no grip, your key could be lost at any time and you couldn’t do anything about it. At the other extreme, A seed phrase in steel (if singlesig) is an ironclad backup. Bitkey is somewhere more towards the seed phrase end, but still a good ways off of it. There are multiple sources of outside dependencies, e.g. on Block and your Apple/google cloud account.
Again it’s a great tradeoff for noobs with a modest stack. But it’s important to not gloss over the massive nuance.
Woke up today and decided to keep my seed phrase. May even go crazy and do it again tomorrow.
Seedless is safer is an attack on Bitcoin. Bitkey makes totally reasonable tradeoffs for noobs with modest stacks. But this is dishonest marketing at best.
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Fountain: Podcasts & Music
Rabbit Hole Recap • FREEDOM TECH IS HOPE | Rabbit Hole Recap #359 • Listen on Fountain
- ross ulbricht speaks https://primal.net/e/nevent1qqsy2emj5836hau0p29qzlmxtgacv3hkwj8z4zautv3fsxcutyaz54q3z42y7
- square accepting bitcoin
- bitco...
GM! “Seedless is safer” is an attack on Bitcoin
Amidst the “seedless is safer” debacle a point lost on that model is that Block in the last two years they’ve laid off ~2k people, the stock has been flat for almost 8 years, they have a trailing twelve month return on assets below 2%, and thus could present an shareholder activist or acquisition target.
Block getting taken out Elon style is a very real possibility people should consider. To be clear they’re profitable so they won’t disappear, but it’s a reasonable concern that someone else owns or controls it in the next several years, especially if Bitcoin takes off and legacy players feel the need to catch up.
GN!
qq: if a transaction is all that’s needed for sovereign and resilient BTC self custody, then why did we bother with all this seed phrase, descriptor, and running nodes shit? All an unsafe collective delusion?
GM! I’m happy to pay in BTC and support BTC only companies. But static pricing in sats is not workable at this stage of adoption. For now we need dynamic pricing based on USD converted into sats. Almost everyone is still earning in USD and even when everyone gets paid in BTC, the amount of sats will likely decline over time. Expecting me to pay 40%+ more than a few months back when the good or service is essentially unchanged is a poor value proposition.
GM! A few months into Strike Bill Pay + Privacy.com to pay all bills and online purchases. Conclusion: pretty great and will keep using. I would love for BTC direct payment to become more widespread, but until then I think this is the best sovereignty minded personal finance combo out there.