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Hynek
npub1lz8x...h86s
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npub1lz8x...h86s 10 months ago
I see verified contacts as the most important feature to develop right now. It may not seem revolutionary on its own, but I believe it is a fundamental building block for a resilient P2P network. - You verify your contact’s identity (npub) in your hardware wallet. — This is best done offline. You don’t need many contacts, just ones you fully trust. - When sending an on-chain transaction, you use an address signed by that contact. — This means you don’t need to check the address on your HWW, just the human-readable name tag. - The verified contact’s address can be automatically retrieved in the background. — We tested this using Nostr in our prototype, and it worked well. - The same approach can be used to verify anything else. — For example, LN invoices or Ark addresses. - This could also enable: — P2P marketplaces — Social backup — Trust-based scaling View quoted note → Ideally, a high-quality standard would emerge that various HWWs could adopt. This would allow deriving backups for any hot wallets, and verified contacts could be used consistently across all applications.
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npub1lz8x...h86s 10 months ago
People often think that if you have bitcoin, you must be rich.🤑 But just saving a bit of what you don’t consume doesn’t mean you’ll be wealthy. A moderately successful entrepreneur who has never even touched bitcoin will likely be better off than an average bitcoiner. Bitcoin brings freedom and protection against poverty, but the days when it made people wealthy are long gone.
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npub1lz8x...h86s 10 months ago
Speculating on the price of bitcoin is a distraction. If you're not willing to go all in, it's hardly worth it. The most common advice is #DCA, but I recommend going all-in with #GetOnZero. If you have an income that covers your needs and you believe bitcoin is better than fiat, then keep everything in bitcoin and stop worrying about nonsense. I've been doing this for several years, and it's incredibly liberating. It also comes with many other benefits, such as: - You’ll learn to use bitcoin more effectively - You’ll always prefer paying with it - You'll start building a network of bitcoiners around you - especially within your family. - You'll be able to help people because, with your established network, you can - for example, send something to your mom, knowing you have several other people to replenish your bitcoin supply.
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npub1lz8x...h86s 10 months ago
ETH price denominated in real money in last year… It is more than 50% loss.. But ethereans get circa 5% back in staking 🎉 image
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npub1lz8x...h86s 10 months ago
It feels like every application is addictive in its own way. I can sense how, with almost every use of a custodial wallet, my vigilance decreases, and I become more comfortable keeping larger amounts there. Switching away from it gets increasingly difficult. Cashu wallets offer an easier transition between banks… but I still miss a smooth path to self-custody. It almost seems like if you don’t start with self-custody from the beginning, it becomes more distant rather than closer over time. How do you see it?
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npub1lz8x...h86s 10 months ago
I’m testing @ZEUS with LSP - on testnet. Whenever I send bitcoin onchain, it doesn’t appears in the app. Any idea what could I be doing wrong? (I was testing testnet3 and testnet4)
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