Earning in bitcoin needs to take off for spending in bitcoin to take off,

GN

GM, we made it barren Britain. Still beautiful! 🚂 ✈️ 🚗 🚢

Responsibility is the absolute most important thing I’ve learnt in Bitcoin.

If we spent less time talking about Bitcoin and more time becoming exceptionally good at something else…engineering, farming, manufacturing, medicine, software, education…and then use Bitcoin where it genuinely improves that work, then maybe we wouldn’t be in this mess.

Great article “Money is for strangers” from Rahim Taghizadegan @Rahim Taghizadegan about why we need to stop talking amongst ourselves about a Bitcoin economy as though it’s already here and start building one.

scholarium

Geld ist für Fremde

Was an Bitcoin falsch ist: Notizen eines Sympathisanten, der es seit 2009 verfolgt.

It’s especially relevant in light of the Coinkite fiasco, which exposed the gap between the slogan “Don’t trust, verify” and what, in practice, became “Trust, don’t verify.”

GM! We’ve had to cut some of the branches off of the apple trees because they’re so full with apples this year. Incredible weight! 🍎 🍏 #farmstr

Explain this ColdCard flaw to me like I’m 12. “Imagine every Bitcoin wallet is supposed to pick a secret number from an unimaginably huge lottery. Because of this bug, affected Coldcards were accidentally picking from a much smaller lottery. The attacker figured that out and started generating every possible “winning ticket” from that smaller pool. For each one, they checked the public Bitcoin blockchain: “Does this address have bitcoin?” If the answer was yes, they’d found the correct private key and could spend the coins. They weren’t targeting specific people. They were generating vulnerable wallets until they found ones that happened to contain bitcoin. That’s what made the flaw so dangerous.”

My unopened ColdCard has been interred into the box of Bitcoin keepsakes.

Living by example is the only way I like to influence people now. I have never recommended cold storage to anyone I know because I never wanted that responsibility. I also stopped recommending Bitcoin to people a while back, because I could not face them calling me up to say they’ve lost their savings because of an error, an exchange or a hardware wallet. I wouldn’t be able to handle it, I would be totally and utterly distraught. Freedom has a price. In my eyes, it’s up to each individual to decide whether they’re willing to learn, accept the responsibility, and pay for it. To the people that lost their Bitcoin. Tomorrow is a new day. To the people that work at Coinkite. I cannot fathom the weight you must be carrying. May this become a lesson that strengthens the entire ecosystem.

I feel sick. Horrifying news. Thoughts and prayers with all of those affected. I feel the deep violation. #mk3

Made clotted cream. Send help. 🤤 #homemade

I feel good from my head to-ma-toes!