Bitcoin's security budget is $170 at the moment.

You can opt out of caring about 12 old men deciding on the price of overnight bank money.

The bitcoin paradox: Bitcoin is a hedge for both inflation and deflation. 🤔

Busting out the retro Unchained coozie for a day at the beach

What am I looking at here?

Every Monday morning

85 View quoted note →

And we're off

Seaside

Laser-eyed at two miles high

Here's a primer on the most secure way to hold bitcoin.

What is multisig? - Unchained

GM

Stacking sats into cold storage is the number one thing you can do for bitcoin adoption and it's not even close. Number Go Up FTW

Running Primal. Can someone zap this post to test out my zap connectivity? I'll send the sats back!

Riding high in Telluride 👀

Any ideas on this? https://x.com/ts_hodl/status/1700303811942727731?s=46&t=NhTpMz9GUSmLDKahAny3BQ

Sitting on this plane, thinking back to the times I would eat the snacks in tiny bites as slowly as possible to maximize the time I could keep my mask pulled down below my chin.

Nation states are coming. https://www.forbes.com/sites/irinaheaver/2023/08/24/omans-bold-bitcoin-play-11-billion-investment-on-bitcoin-mining-infrastructure/

Embarrassing failure of an orange-pilling last night. I was at a neighborhood party and a neighbor asked me about bitcoin. We talked for a bit and he asked me how to get some. I said I'll send you some right now and you can send me cash via zelle. I tell him to download Phoenix wallet. So far so good. I fired up Strike, loaded up $100 and tried to send. Failure #1: the $100 apparently needs to clear before I can send it anywhere. First time that's happened to me and I use Strike somewhat regularly. Ok, no problem, I'll just send it from my node. So I fire up @ZEUS , scan the QR, and hit send, and it spins.....and spins......and spins......and spins......and then times out. No indication of why it couldn't complete before timeout. I have plenty of overall outbound capacity, and no trouble connecting to the node. I guess my set of channels aren't well enough connected or the outbound capacity isn't in the right channels. Failure #2. So at this point I'm really starting to look like an asshole. Final attempt, I guess I'll try sending on chain from my node. So I ask him to switch to an on chain address and send the sats...success! Well, only on my side. Phoenix gave him no notification of receipt and the balance didn't show up in his wallet until after it was confirmed. Failure #3. Needless to say, this guy is probably not too impressed.

A scammer pretending to be from Coinbase called me last night. I'm a little annoyed at myself for shutting it down so quickly instead of trying to string him along. Next time. Be careful out there.