William K⚡Santiago🔑☢️'s avatar
William K⚡Santiago🔑☢️
williamsantiago@getalby.com
npub1h3fz...96sj
CEO, C4 CCSSA at PrivKey LLC, Blockchain strategist, cybersecurity. The Mission: The Separation of Money and State.
This handy tool converts a Lightning Network invoice into a printable, easy-to-read paper version that embeds the original LN details. It could prove especially valuable for individuals seeking Lightning payments from companies or businesses, and I anticipate such utilities gaining traction as Bitcoin transactions grow in popularity. Bullish Invoice
Lightning Network: Enabling Seamless Value Exchange In this insightful piece, Roy Scheinfeld from Breez explores the remarkable velocity and widespread accessibility of the Lightning Network, positioning it as a universal bridge among diverse Layer 2 protocols like Ark, Liquid, and Cashu. At its heart, the essay contends that this efficient value transmission mechanism unleashes economic potential in ways reminiscent of how the internet has liberated the flow of information. The key proposition is that Bitcoin's frictionless value movement empowers resources to permeate even the most overlooked or peripheral spaces, thereby activating the distinctive innovations and contributions these areas hold. It's an inspiring read that paints a bright picture of Bitcoin's expansive possibilities ahead. The Utility of Bitcoin: Moving Value Like Information Being able to transmit value like information, as fast as a text message, has profound implications for society. Bitcoin unlocks that.
GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: — Courage — Justice — Temperance — Wisdom Think for yourself and strive to be a sage. On this Monday, meet the week's dawn with steadfast resolve, letting courage and justice anchor your actions in pursuit of a virtuous life.
GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: — Courage — Justice — Temperance — Wisdom Think for yourself and strive to be a sage. On this Sunday, face the day with serene discipline, letting wisdom shape your choices and temperance steady your path toward excellence.
Just like most government services, which are typically inefficient and authoritarian, authorities must impose them on the populace by force. That's why currencies are dubbed "fiat"—mandated by decree. CBDCs will be no different; they'll be thrust upon us too.
GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: — Courage — Justice — Temperance — Wisdom Think for yourself and strive to be a sage. On this Saturday, let reason guide your actions, and with quiet resolve, embrace the challenges of the day as opportunities to grow in virtue.
The stablecoin duopoly is ending The stablecoin market, long dominated by Tether and Circle's USDC with roughly 85% of the $300 billion supply, is fracturing as new entrants erode their duopoly through lower issuance costs, yield-sharing innovations, and regulatory shifts. Intermediaries like exchanges, wallets, and DeFi protocols—such as Phantom's Bridge-issued Phantom Cash and Hyperliquid's USDH—are launching proprietary stablecoins to capture user deposit yields, while emerging players like Ethena's USDe ($14.7 billion supply), PayPal's PYUSD, and Ondo's USDY gain traction by offering competitive returns, contrasting Tether's zero-yield model and Circle's limited sharing via Coinbase. Fixed costs have plummeted thanks to white-label providers like Anchorage and Stripe's Bridge, enabling easier entry, and post-GENIUS regulations now allow banks like JPMorgan and Bank of America to issue stablecoins backed by high-quality liquid assets without new charters, potentially via consortia including Paxos and Robinhood. Enhanced cross-chain swapping technologies further commoditize stablecoins, diminishing network effects and fueling a "race to the bottom" on yields, with the market poised for explosive growth as competition intensifies.
GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: - Courage - Justice - Temperance - Wisdom Think for yourself and strive to be a sage. Seneca believed fear is a self-imposed affliction that can be overcome through rational reflection, acceptance of nature’s course, and a commitment to living virtuously.
Tether Adds Over 8,800 Bitcoin Worth $1 Billion, Boosting Treasury Holdings Tether purchased nearly 8,889 bitcoin today, adding more than $1 billion worth of the asset to its balance sheet. Tether is gearing up to introduce USAT, a stablecoin that adheres fully to U.S. regulations and targets the domestic American audience. Earlier this year, the company revealed plans to reintegrate USDT with Bitcoin through Taproot Assets, beginning with issuance on Bitfinex and seamless integration with the Lightning Network. Are traditional central banks and established financial players tuned in to these shifts? Or are they moving too sluggishly to keep pace with crypto innovations and AI broadly, ultimately saddling everyday people with fiat obligations and stunted economic growth?
Gold and Bitcoin, as sound money, endure with stoic resilience, unmoved by the fleeting whims of markets or the folly of human excess.
It's Knot a Serious Project A comprehensive compilation of controversial actions and statements by Luke Dashjr. The article by Jameson Lopp sharply critiques Luke Dashjr, the sole maintainer of the Bitcoin Knots project, portraying him as unfit for such a critical role in open-source Bitcoin software due to a pattern of security lapses, opaque development practices, and polarizing ideological stances. It details alarming incidents like a compromised server hosting Knots binaries without any rebuild or verification, Luke's personal loss of 20 BTC from poor key management (eschewing offline storage), and the project's lack of signed commits or transparent merge processes, which undermine code integrity and community trust. Lopp also chronicles Luke's history of conflicts in the Bitcoin Core community, including baseless accusations against peers, opposition to privacy tools like mixing, advocacy for state crackdowns on illegal uses, and fringe beliefs such as Sedevacantist Catholicism and monarchism, all framed as evidence of his authoritarian tendencies and deviation from Bitcoin's decentralized ethos. Ultimately, the piece argues that these traits—prioritizing personal dogma over security, consensus, and freedom—make Knots a risky "knot a serious project" for users relying on robust, collaborative maintenance, though an alternative to both Knots and Core will eventually emerge that embodies the missing characteristics of transparency, security, and ideological neutrality, prompting many like myself to switch and run this new implementation.
GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: Courage, Justice, Temperance, Wisdom, think for yourself and strive to be a sage. On this Sunday, awaken with serene determination, letting virtue guide your path. Each moment offers a chance to cultivate wisdom and inner strength. Approach advice from older generations cautiously. The world they knew has changed dramatically. Their lives followed a pattern similar to their predecessors: work diligently, secure a job, rely on the system. That era is over. Many are entrenched in old mindsets and struggle to grasp today's realities or anticipate the future. Don't base your life on an obsolete framework.
GM #plebchain, stay humble, keep stacking bits/sats, embody these virtues: Courage, Justice, Temperance, Wisdom, think for yourself and strive to be a sage. On this Saturday, greet the morning with calm resolve, anchoring your soul in virtue. Let each action reflect a steadfast commitment to wisdom.