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The Humble Administrator’s Garden in Suzhou, now a UNESCO World Heritage Site, was built over 16 years starting in 1513 by Wang Xianchen. After his death, his son inherited the garden — and quickly lost it to gambling. A Chinese proverb captures this: 富不过三代 — “Wealth doesn’t last beyond three generations.” How do Bitcoiners plan to break this cycle and preserve generational wealth? image
Been trying out what might be among the world's first ARK transactions on Bitcoin mainnet. Here I send some sats from the @ArkLabs wallet to my Phoenix wallet (using a LN swap). Bullish!
My favorite VPN provider, MullvadVPN.net, finally accepts Lightning payments natively. image
Bitcoin is the best asset in the world to invest in. Humans are natural hoarders and collectors, drawn to things that are scarce—whether trading cards, paintings, or watches. However, all of these can be reproduced, and they are inherently illiquid. Bitcoin, on the other hand, is the first and only asset that is truly scarce and fully liquid and with a fixed monetary supply that no one controls, making it inherently desirable. Over time, as its value stabilizes, Bitcoin will likely become the foundational money for global trade.
I realized that the only thing I need is a good supplier of rib-eye steaks and a good griller. Convenient, tasty and healthy.
I made a simple Fiat/BTC/Sats calculator. Some issues with existing ones include that your data is sent to a backend instead of being converted locally, the inability to easily copy and paste, and the readability issue that arises from not being able to see the exact amount due to the non-display of all eight decimal points. Link here: image
If KYC is the illicit activity, AML feels like terrorizing activity. image
So glad I sold my iPhone and got back to the Pixel. Apple products have for long been hostile to Bitcoin and dectralized systems in general. It started when Apple banned all Bitcoin apps many years ago. Currently on an iPhone when you click or scan a Bitcoin QR code you can't even select which wallet you want to use. Happy Amethyst user now.
Come visit us at the @mempool booth at #BtcPrague the coming days! image
Had lunch at Strahov Monastery Brewery, they accepted Lightning using pay.offchain.cz PoS! #BtcPrague image
It was really awesome to see the amount of talks, side events, beach parties and general excitement around #nostr at @TheBitcoinConf. It's a movement and it's happening! image
Watching Lopp talking about the second most important technology today at PlebFi image
In 2 years from now on this day (estimated) the Bitcoin block reward will go from 6.25 to 3.125 BTC and the yearly inflation rate will go from ~1.8% to ~0.9%.