It's beyond me why Zcash is not regarded as a complete shitcoin. Here's the first reason Zooko states for why Zcash will switch to Hybrid Proof-of-Stake: "It reduces supply of ZEC by locking up staked ZEC and increases demand for ZEC by giving people something else to do with it." Not enough demand for "money"? People have no idea what to do with their "money"? Let's lock it up and reward investors with dividends! Now imagine someone looking at this chart, even adding it to their own blog post, and then linking said post with the comment "Zcash is winning": Am I thinking about this the wrong way perhaps? What am I missing about this amazing currency?

I can't help but think that the Satoshi press conference is some kind of Banksy prank. Either way, it's certainly a good method for guaranteeing a full house.

What's up with all the seemingly generated comments and profiles that are faking engagement at YakiHonne? Not a good look.

I don't understand why you would announce the end-all-be-all solution of a decentralized, user-controlled Internet on a centralized, corporate-owned blog platform. How can I trust you to bring about this amazing new Internet technology when you're unable to publish a simple Web page under your own control? 🤔

"We may not be the best in presenting ourselves, but what matters is that we onboarded the FBI" to Tether's compliance systems, he added. "We onboarded the U.S. Secret Service. We have thank-you letters from the DOJ … We think we are doing, you know, the best we can." — Paolo Ardoino Tether already looks a lot like a semi-private U.S. CBDC. And it makes sense, since the Federal Reserve banks are privately owned, too. May as well extend the current collaborations with some kind of permanent oversight board, stacked with more government bureaucrats.

Pubky looks promising. I already believed that the Mainline DHT could be the best way of resolving DIDs in a truly decentralized fashion, when I saw this idea a while ago: https://did-dht.com

@laanwj I have some Markdown suggestions for your @Bitcoin Core Project release content... 1. Use `<h2>` and lower (i.e.`##`, `###`) for headlines in the article content 2. Use a proper link element for the magnet links (i.e. `[Magnet link](magnet:?xt=urn:btih:e18e92024...)`

Bitcoin Core Project on Nostr

You can configure Substr for multiple relays and arbitrary username/pubkey pairs, so this is how I'm reading @fiatjaf's articles now (and finally not missing any, because new ones will pop up in my feed reader):

fiatjaf on Nostr

(Also, that content was great for fixing a bunch of content styles, URI parsing/linking, and more.)

Hey Brits, what's a good link I could give to a future-coiner living in the UK, who was just asked by a freelancer in Ghana to pay invoices in BTC, but who has no idea how bitcoin works at all? No knowledge, no wallet, no coins. Where do I send them?

Feedbin picked up my Substr blog's article update. Nothing surprising there; it's just always great to see multiple open protocols working seamlessly in combination.

Initially, I didn't want to spend the whole Sunday on this, but it's basically almost done now. I started building a nice server-side renderer for long-form content on our Nostr relay: The next step is to create human-readable URLs, i.e. `/@username/article-id`. But my favorite feature will be `/@username/articles.rss`, because if it doesn't have an RSS feed, it's not a blog.

Fun fact from #hcpp24: I asked one of the crew how many payments during the conference she would estimate have been done via #LightningNetwork vs #Monero. She said about 30% XMR, but that she wished everyone used Lightning, because of how slow the Monero payments are. Point of Sale is just bad UX for anything taking longer than a few seconds. Only really committed merchants will tolerate that, and even then it's rough for them.

Anyone else here going to HCPP next week? Finally got all the things booked (except for onward travel, naturally).

Embarrassing typos are the worst on a protocol, where a lot of clients don't properly deal with delete requests. :/

The German federal police just executed a major, concerted crackdown on non-KYC exchanges: "The operators of the now shut down exchange services are accused of knowingly concealing the origin of criminally obtained funds on a large scale through inadequate implementation of legal requirements for combating money laundering (so-called know-your-customer principle), and thus of having made themselves liable to prosecution for money laundering and operating criminal trading platforms on the Internet in accordance with Sections 127, 261 Paragraph 1 Sentence 1 No. 2 and Paragraph 4 of the Criminal Code." https://www.bka.de/DE/Presse/Listenseite_Pressemitteilungen/2024/Presse2024/240919_PM_finalexchange.html And they're actively threatening all past users of these exchanges: https://www.finalexchange.de/en

Casual reminder that Intellectual Property is not real property, and IP laws are simply government-imposed monopolies.

Property Rights and Intellectual Property

A friend of mine is recording a Ripple/finance event in Switzerland right now, where a woman from Bhutan is schooling the whole room on bitcoin, and she's saying that her government is literally trying to on-board every single citizen to it. Furthermore, apparently BTC is already the effective reserve currency of the country, and they're using it for Forex trading of their own currency as well.

GN