social media is merely the first popular nostr enabled use case - there will be many different types of tools that use nostr as an interoperable communication protocol - none of us can comprehend the many creative use cases that will emerge

No Bullshit Bitcoin

Swap Service: An Orderbook For Performing Submarine Swaps Over Nostr

Swap service is an orderbook for performing submarine swaps over Nostr and a way for bitcoin users to earn yield on their bitcoin.

the nostr protocol continues to evolve and grow - nostr clients continue to get easier to use and more robust - meanwhile centralized platforms continue to decline the masses will use nostr eventually - as their current tools fail they will seek out better alternatives

The military arm of the Palestinian militant group said that it will halt bitcoin donations for "the safety of the donors...especially in light of the intensification of the prosecution and the doubling of the hostile effort against anyone who tries to support the resistance through this currency."

No Bullshit Bitcoin

Hamas to Stop Accepting Bitcoin Donations Due to Privacy Risk for Donors

Hamas, which is listed as a terrorist organization by the U.S. and U.K., has been accepting bitcoin donations for some time, apparently using platf...

Contributors to 49 open source projects including nostr, damus, amethyst, nostros, and snort are eligible for free tickets to Bitcoin 2023 in Miami. Deadline for applications is tomorrow. 🤙 Apply Here: https://b.tc/conference/opensource If you are a contributor to a project that is not listed you should apply anyway. Exceptions will be made on a case by case basis.

we live in a bubble, most people still do not expect inflation to continue and get worse, billions will be surprised as it happens

Spiral has provided 70+ open source grants worth $7M+ to 40 grantees and 10 projects across 20+ countries. Truly impressive. 🔥🔥🔥 It was an honor to host their team at Bitcoin Park in Nashville:

there are definitely valid criticisms to Signal - phone number required, not being able to run your own server, reliance on intel SGX - but it strikes a pretty amazing tradeoff balance, grateful that it exists, most people would be better off if they used it more unreal how many people tell me "Signal is compromised" then proceed to use imessage for 90% of their chats

RHR IS LIVE, JOIN US IN THE LIVE CHAT

nostr - a censorship resistant permissionless communication protocol - is needed now more than ever

No Bullshit Bitcoin

Brazil Court Bans Telegram (Again) For Not Sharing Information

The court ordered telephone operators and app stores to remove the app immediately.

rabbit hole recap will be live at 3P ET / 1900 UTC today https://RHR.tv

All the drama is exhausting, too many people act in bad faith, you don’t have to believe me, and you definitely shouldn’t trust me, but I try my best to act in good faith and call things how I see them. Gotta say though, having opposing tribes attack my character in consecutive weeks makes it clear to me that I should keep pushing forward.

1. Coldcard was FOSS and bootstrapped - nvk and peter denied interested VC investors. 2. Foundation cloned code, announced slightly different hardware, raised money from those same VCs pre-product. 3. Coldcard changed software license to allow everything but that. No longer FOSS. Coldcard source code is verifiable and reproducible. It can be modified and built but not sold. You can even add your own entropy during seed generation. I personally disagreed with their decision to change the license but it does not change the security of the product. NVK is a friend. Coinkite is a sponsor of RHR. Ten31 is an investor in Coinkite. I have used and recommended their products before all of that but transparency is important. I am personally grateful their team continues to build robust bitcoin hardware. My family relies on it.

Silicon Valley Bank was the 16th largest bank. When it failed it was the second largest bank failure in history. First Republic Bank was the 13th largest bank with $200B in deposits. It is about to fail. The entire ponzi banking system is unraveling in real time. This will get messy.

The US banking system is so fucked that the 13th largest bank is about to go under and nobody is surprised. First Republic Bank had $200B in deposits in the fall, now they are worthless.

Had the pleasure of sitting down with the great team at LNMarkets for a wide ranging interview 🤙

#61 - Matt Odell, LNM fam & Lightning friends

Building Trustless Trading on Bitcoin ⚡

Trust Wallet is a mobile wallet owned by Binance. It is a horrible wallet and nobody should use it but it also happens to be one of the most used cryptocurrency and bitcoin wallets in the world. They launched a browser extension version of the wallet in November. Ledger’s team discovered and reported a critical vulnerability in it within three days. Impressive work that appears to have saved millions in potential losses.

Ledger

Funds of Every Wallet Created With The Trust Wallet Browser Extension Could Have Been Stolen Without Any User Interaction | Ledger

Seed generation of Trust Wallet was flawed, the total entropy was only 32 bits. We have created a file containing all possible seeds. Fortunately, ...

Institutions will never protect our rights - they are too easily corrupted. We must defend them ourselves - open source tools that empower individuals are the only real path forward.

Every successful custodian is forced to require KYC eventually. https://www.theblock.co/post/227943/bybit-moves-to-impose-mandatory-kyc-rules-for-all-services