All #Bitcoin ETFs up over 2.4% as over $1 billion flows into the asset class on the day 👀

San Francisco, 1906

what is your fvt lightning wallet?

After a long time….

After a long time….

After a long time….

After a long time….

Here’s your #Bitcoin    journey checklist: How many of the 12 have you tried? 🚀 - Bought #BTC on an exchange? 🪙 - Sent $BTC to cold storage? ❄️ - Read Satoshi’s white paper? 📚 - Established your own node? 🖥️ - Added a Lightning wallet to your phone? 📲 - Rolled a seed phrase from dice? 🎲 - Acquired non-KYC coins? 🕵️ - Devised your Bitcoin inheritance plan? 📃 - Joined the Nostr network? 🐦 - Spun up a Lightning node? ⚡ - Dabbled in at-home mining? ⛏️ - Graduated to industrial-scale mining? 🏭 How many have you tried? Comment your score.

50k $BTC coming in September

Hynek Jína created Lotes, physical Lightning cash than can be passed around just like bills and coins. It works a bit like the @bolt_card in the sense that it works by writing a LNURL-Withdraw link to an NFC card or tag. The big difference lies in the projected usage: while the BoltCard's link is meant to be used by a merchant when I pay using the card, here the idea is that I'd transfer the bitcoins by handing out the card. However, this doesn't come without tradeoffs: when you hand the card to someone as payment, they either trust that the required amount is deposited onto it, or check the amount by scanning the card with the Lotes app. As the whole point of Lotes is to be able to move sats without touching a phone, this means that the expected behavior is to trust the person giving you a Lote, and maybe only check it later when you're at home. While I get the intention - the lack of physicality of Bitcoin/Lightning is one of the most mentioned turnoff for newbies - I can't help but to think that using this kind of systems at scale would lead to a lot of abuse. But still, an interesting idea to play with. Links to know more: As seen on #[0] :

Stacker News

Lotes - physical lightning cash \ stacker news

Three months ago we discussed the idea of lightning cash here on SN. Today I managed to finish the prototype. Here is a video demonstration: Lotes ...

Github for Lotes repo:

GitHub

GitHub - hynek-jina/lotes

Contribute to hynek-jina/lotes development by creating an account on GitHub.

Who is still here?

Please send me some Notes

So when is Elon going to stop promoting DOGE?

Stocks down and #bitcoin up. Has it finally become the risk-off asset it should be?

Over the weekend, #Bitcoin settled ~$33 billion, facilitated ~600k transactions, and issued 2,037 new BTC at a steady & predictable ~1.8% inflation rate. ~1 million new addresses were generated and miners earned $43 m producing 326 blocks. Banks were closed.

Wow so many highlights today: ✍️ US banks failed ✍️ US bank depositors bailed out ✍️ Powell turned on the money printer ✍️ Bond yields tanked ✍️ #Bitcoin pumped ✍️ Cramer said sell $BTC

#Bitcoin isn’t risky. Not having any #Bitcoin is risky.

Companies that have disclosed exposure with Silicon Valley Bank: - Circle: $3.3 billion - Roku: $487 million - BlockFi: $227 million - Roblox: $150 million - Ginkgo Bio: $74 million - IRhythm: $55 million - RocketLab: $38 million - SangamoTherapeutics: $34 million - LendingClub: $21 million - Payoneer: $20 million

Satoshi Nakamoto on why fractional reserve banking is dangerous in 2009. "The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust."

Today is a good reminder for us all: Your money $ USD = —————— ♾ Your money #Bitcoin = —————— 21,000,000