I'm noticing as Twitter withers away and nostr replaces it: the lack of algorithmic content makes it much more difficult to manufacture consent. It's wild how many psyops I'm missing out on by just following friends / WoT.

POV: you weren't at PubKey for the meetup last night to hear us discuss soft fork activations

Things I'm hoping we'll talk about: BIP 8 / BIP 9/ Speedy Trial Inquisition How do soft forks get activated, anyway? PubKey, this Monday 4/3, 7 PM, see you there! https://iris.to/note1eut6kd6nm6zzx2nyweae9kr68f03g6upratcz5yzzzgvmly4tj6smu6fzy

"Nearly all threshold ECDSA based TSS implementations are vulnerable to key extraction attacks despite having undergone multiple security audits." TL,DR: Most MPC implementations appear to be vulnerable. Bitcoin users unaffected.

No Bullshit Bitcoin

Verichains Discovers Critical Key Extraction Attacks in TSS for MPC Wallets and Digital Asset Custody: Native Bitcoin MultiSig Not Affected

Verichains announced that it discovered critical Key Extraction Attacks in many popular Threshold Signature Scheme (TSS) implementations, a Multi-P...

Thought exercise: if a nation-state actor decided to choke off all the exchange on-ramps and restrict or prohibit the exchange of BTC to fiat, what would you wish you had done differently? what would you wish you'd done sooner? I think I would wish that I had used Bisq exclusively and mixed all my sats before sending to either cold storage or some physical bearer device (e.g. OpenDime, SatsCards). Which means I should probably start doing that right now.

Chokepoints, chokepoints everywhere

Cloudflare Disables Access to 'Pirated' Content on its IPFS Gateway * TorrentFreak

Cloudflare helps to provide access to millions of websites on the regular web. The company also offers an IPFS gateway, making it easier to access ...

Reading this when I'm 2/3 of the way through writing a book hits different :-|

That Greenpeace sculpture is right up there with calling Trump supporters "deplorables" - it's not convincing anyone that wasn't already convinced, but it gives their opponents some amazing branding for free. Can't wait to see it on a satscard :)

They're going to cut Kraken off from ACH, sic the DOJ on Binance, and as for Coinbase:

It's all so tiresome

GM to everyone except fiat apologists

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arbed_out (@arbedout) on X

First they laugh at you, then they fight you, then they resent you for making them look foolish, then they smear you, then they start in with the p...

No words to describe how much Nostrica FOMO I'm feeling rn

Slaves lose everything in their chains, even the desire of escaping from them. -- Jean-Jacques Rousseau, watching normies scramble from bank to bank in the midst of a crisis (maybe)

Just don't dance.

Last Friday the Chinese government brokered an agreement between Iran and Saudi Arabia to restore diplomatic relations and bring a halt to the years-long undeclared conflict between both countries. Meanwhile, after spending two absolutely wasted decades in first Iraq and then Afghanistan, the government of the United States spent last Friday cleaning up a regional bank blowup at the behest of members of their political donor class. Years from now this will be written about in history textbooks as the signpost for when the post-WWII 'rules based order' came to an end.

CNBC

The China-brokered Saudi-Iran deal has big repercussions for the Middle East — and the U.S.

The deal is "a much needed pressure valve amid heightened regional tensions" — but significant changes are far from guaranteed, analysts told CNBC.

One down, one to go

Spare a thought for the people in your life stil trapped in the fiat mindset today.

1) The FDIC, the Treasury and the Federal Reserve have decided that SVB depositors will be made whole. This means that Circle will be able to redeem USDC at par. This means USDC will continue to exist. See Jeremy Allaire's thread celebrating here:

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Jeremy Allaire - jda.eth / jdallaire.sol (@jerallaire) on X

Update thread on USDC We were heartened to see the US government and financial regulators take crucial steps to mitigate risks extending from the ...

2) Last year we learned that, in the event of a contentious Ethereum fork, the 'winning' chain will de-facto be whichever one Circle believes is 'valid' (see screenshot of Circle's August 9, 2022 statement before the merge). 1) + 2) = 3) Circle exists because Treasury has decided to allow them to exist, which means any forks that are recognized by Circle as valid for USDC are - in their judgement - not going to get them on Yellen's bad side and have her reconsider that decision. So, yeah, Ethereum is officially captured by the State, I don't make the rules.

I'm not certain what the ideal amount of Roku's $487mn of funds - out of a corporate treasury of $1.9 billion - should have been stored away in an m-of-n Bitcoin multisig. But clearly the answer is not 'zero'. It turns out 'zero' loses you $487 million dollars! Even for companies with significantly less exposure, if you find yourself not being able to make payroll - either b/c of exposure to Rippling or to SIVB diretly - how can you justify not keeping at least two weeks of payroll in an asset that doesn't require an intermediary between you and your employees, once you dig yourself out of this mess?