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Bitcoin Signal
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Bitcoin News and Promotion
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BitcoinSignal 2 years ago
I have a soft spot for Roger Ver. He was very passionate about supporting bitcoin many years ago. And he played mono red in Magic the Gathering. Unfortunately he is either very out of touch with what is happening on bitcoin now or is lying his ass off. Roger said he didn't know of any privacy tools on bitcoin. WTF? There is Joinmarket, Samourai and Wasabi which have been around for years! Not to meantion all the new projects which are building better privacy on lightning such as Ark, Fediments and others. Roger also claims nobody was claiming bitcoin couldn't scale to p2p transactions in the early days. This is totally false! Anyone can see Hal Finney explaining how bitcoin couldn't scale as originally designed and offering solutions. This is a reminder to all everyone. Bitcoin is not well understood by even many folks who should know better. Have your facts ready to set the record straight. It may mean the difference between your friends and family being rich or getting rekt'd! Roger Ver questions bitcoin privacy tools: Roger Ver claims nobody was saying bitcoin couldn't scale p2p transactions: Hal Finney talking about scaling back in 2010!
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BitcoinSignal 2 years ago
For anyone who uses Bitwarden. Go into your settings and make sure your KDF algorithm is set at the recommended level or higher. Argon2id is a good algorithm. Changing these settings to something higher will make it more difficult for someone to guess your password if the Bitwarden encrypted passwords are ever leaked. Account Settings -> Security -> Keys The KDF algorithm is what LastPass had set to quite low which had many people concerned their passwords would be discovered when LastPass was hacked.
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BitcoinSignal 2 years ago
I have been learning from some folks living in El Salvador that it is possible to invest in real estate in El Salvador with only bitcoin! This largely avoids all the banking hassles which one might have trying to wire money from the USA to a "third world country". A hack could be, get a mortgage in the US for a home. Sell the home. Then use the money to buy bitcoin which you use to purchase a home in El Salvador. Slowly pay off the loan in the USA. What do you think? That being said, the banking situation in El Salvador is getting better! See the interview with Gladys from elsalvadorr11.com.
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BitcoinSignal 2 years ago
Is this the highest Bitcoin fees have have ever been in terms of sats/byte for a priority transaction?
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BitcoinSignal 2 years ago
Update your LND node if you have one. I heard by Matt Odell on TFTC there is a bad bug which isn't publicly known and is being fixed.
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BitcoinSignal 2 years ago
The Number Zero and Bitcoin series by Robert Breedlove is good. Zero is an idea, like Bitcoin, which cannot be stopped because the idea is so useful to the the individuals who adopt it.