The best is yet to come.
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btcschellingpt
btcschellingpt@primal.net
npub1nvfg...e7zd
Bitcoiner
Rational optimist
#AUStrich
OpenSats
Bitcoin Brisbane
bitcoinbushbash@nostrplebs.com
Honeybadger Noob Day
Working on https://primal.net/EscapeHatch
Open source ftw
In software, trust follows from transparency which is why critical encryption, and all widely adopted protocols are *open*
Examples include TCP/IP, HTTP, SMTP, DNS, Tor, Bitcoin, Nostr and some AI models
The acceleration in the progress of AI models always appeared likely to be overtaken by open source models, and increasingly is being proven to be so
The closed source walled-garden approach can be brilliant for a short period of time .. and it looks like the sun is setting
For those of you old enough, there’s some direct parallels to the battle of AOL Online vs the open Internet .. and we all know how that ended
I love seeing Open source win 🏆
In-kind ETF redemption
Lot of chatter about US ETFs requesting permission to allow in-kind redemptions for AP’s .. essentially massive insto’s .. not retail
Really behind the 8-ball compared to Monochrome Bitcoin ETF in Australia (IBTC) which was established as a bare trust enabling:
- in-kind submissions
- in-kind redemption
- and means unit holders are the *legal owner* of the underlying asset
- which means that in-kind activities don’t trigger tax events since no change to legal ownership
I don’t own ETF units, but if you wanted the optimal setup this is close to it imo .. ETF makes easy onboarding and then once you’ve learned what you’ve got, you can take actual ownership
Not your keys, not your coins
Tick Tock, Next Block
Simply, this is how Bitcoin succeeds: a slow inexorable unstoppable monetary heartbeat
Unique features
Increasingly sought
Increasingly needed
One block at a time 🧡
"Seeing Ross walk free under an open sky" was one of my objective criteria for "Bitcoin has succeeded" many years back
Honestly, I thought it was the one that would be fulfilled later
Happy and emotional to see Ross walk free under an open sky 🧡
Thankful that has setup new donation capability to help Ross quietly restart life in his own time. Grateful for boltz.exchange for being able to send massive fucking zap that converts into on-chain corn for Ross
Now give the man some space and time with family
Bitcoiners do not forget their own.

Donate to help Ross Ulbricht | #FreeRoss

Ross is free
Today is very very good day
Autonomy & Sovereignty
Related but different
Excellent read from @rarepassenger


The Autonomous Individual
Thoughts on being a sovereign individual.
Good reminder of why an always-on VPN is part of your basic privacy tools 👇
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GM #AUStriches
So did the important thing happen, or no?


GM #AUStriches 😎
So did the important thing happen .. or no?


Is quantum any near-term threat to Bitcoin?
Yeah, Nah!
Approachable piece from @TEN31 on the state of quantum and the reality of timelines and effort required to be any level of viable threat
".. something like 50% of bitcoin are currently held in re-used addresses .."
🤯 I mean, what the actual fuck are people doing?🤷♂️


Quantum Leap?
Disentangling fact from fiction in bitcoin and quantum computing
Hell yeah
This is going to be a banger🔥🔥🔥
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New to Bitcoin?
This essay is a great read and one i enjoyed that helped me learn - @Stephan Livera kindly pointed me in this direction many years ago .. it’s still good 🔥


Bitcoin Is Worse Is Better · Gwern.net
2011 essay on how Bitcoin’s long gestation and early opposition indicates it is an example of the ‘Worse is Better’ paradigm in which an ugly...
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