Do you know about handy library that would help with #nostr and #bitcoin keys and addresses derivations?
And is this schema true?
(Meaning that you could derive nsec from bitcoin seed and vice versa?)
#asknostr
Very subjective comparison of cost and security trade-off on #bitcoin on-chain, lightning, ark, Last mile, and custodial lightning..
The idea is that Last mile offers better security than custodial lightning and is cheap as that. However it has other disadvantages compared to more robust solutions.
Is there such a thing as an inverse timelock in #bitcoin?
A condition that a given transaction is only valid if it is mined before a certain block height?
I love lightning, but it’s very frustrating at the same time. It’s simply cheaper to use custodians.. and I believe that it isn’t necessary. The crucial part of sovereignty is ability to sign the message. Which doesn’t require any costs. Therefore I believe that there is some way how to make self-custody fast and cheap. And here is my current way of thinking. This approach is kind of naive but maybe there is some potential. Maybe it motivates you to improve it into something even better.
Diversification has its importance
- Having a place to live
- Spending time with your family
- Study
But saving is simply #bitcoin. Owning a fiat is a luxury that a normal person cannot afford in the long run.
#Bitcoin is a global race. It's not about if everyone will use it, but who will use it first.
Do you want big corp to figure it out before your family and neighbors?
In Czechia 🇨🇿, we manage to maintain a map of places where you can pay with #bitcoin quite well.
Currently being on the 🥇first place of BTC Map Leaderboard 💪
In total, it's one business per circa 13k people.
See your results on this page:
Jak bitcoin chrání svobodu a jaké jsou možnosti jeho používání? Žádná veliká překvapení pro lidi, se kterými jsem měl možnost někdy mluvit 🙂
Můžete to použít pro rovnání vlastních myšlenek. A nebo jako materiál pro někoho, kdo se na #bitcoin stále neměl čas podívat.
Samotná přednáška je cca 20 minut.
#Bitcoin is available to only circa 20M people as of now.
Assuming 1 transaction per month per serious user. Which is needed even if we would have better lighting tools..
…but we will find the way for everyone who appreciates the freedom in the future 🚀
Na blog Jednadvacet jsem sepsal článek jak a hlavně proč používat Lotes.
Aneb o možnosti darování bitcoinu nováčkovi nebo způsobu jak bitcoin použít jako anonymní hotovost..