Trezor Suite is introducing Suite Sync. 🎉 Now you can label wallets, accounts, addresses and having that synchronized between various devices without any email. Privately and only based on your hardware device.

Suite Sync in Trezor Suite

Suite Sync sets a new standard in data storage for labels and more.

And desktop now supports BIP-329 labels exports and imports. Mobile hopefully following next month.

I’m trying to find answers for myself to the previously mentioned questions around @Cashu. Who will operate the mint? Without KYC. It won’t be run by a regulated entity - Mints already exist - it seems this in itself isn’t such a big problem How should a mint be selected in the wallet? - The application can choose a default, but that leads to centralization and additional vulnerabilities. - Select automatically based on defined parameters? Once the scoring is known, it will likely be attackable. - The least bad option today seems to be to set some default mint (for example minibits) and allow easy switching. At least experienced users could consider which mint they use. When they then onboard someone, by sending their first cashu token to a friend they also set the first mint for them. What if a given mint stops working? - If it’s planned, tokens can be automatically moved to another mint. However, the user needs to at least open the app. What if users don’t respond to notifications? - People will lose their funds ⚠️ What if the mint does a rug pull? - People will lose their funds ⚠️ From this, it follows to me that cashu is a great tool for onboarding new users. However, they should move their funds at the first opportunity or above a certain amount to a sovereign solution. Is that simply on-chain? Or is it better to experiment with Ark, Spark? Or Bitkit/Phoenix? View quoted note →

I listened to an interesting podcast where they discussed the pitfalls of a cashu wallet and why it’s likely problematic to support it in the Signal app.
 https://fountain.fm/episode/DcrZUespvsWbHL2wvb35 * Who will operate the mint? It won’t be run by a regulated entity without KYC. * How should a mint be selected in the wallet? * What happens if a given mint stops working? * How can users be migrated? * What if the mint does a rug pull?

What bitcoin app do you recommend to your friends? After checking more than 20 alternatives, I decided to build my own version - designed with each user’s independence in mind. Give it a try and help me make it even better. 🚀

Linky

Linky connects people you care about with simple Bitcoin messaging and payments.

@Linky

Embrace the competitors…

At the last bitcoin meetup, I was intrigued by a 60-year-old bitcoiner who wasn’t interested in any lofty ideas about how bitcoin will improve the world. He simply has bad experiences with the state. Many years ago, he didn’t pay a property tax. It was a relatively small amount. However, over the years, they calculated very high interest on it. Eventually, he wasn’t able to pay it at all. Gradually, debt collectors stripped him of all his official assets. He renounced his citizenship - I’m not sure how he manages it, but he says he only has a passport and a driver’s license. He has to renew the driver’s license every five years, and for that purpose he temporarily arranges citizenship again. I might be using some terms incorrectly. In any case, this person lives in the Czech Republic but doesn’t have any bank account, so he pays for everything he can with bitcoin. 🔥 For that reason, he also dreams of better ways to acquire bitcoin around the world. Like peer-to-peer exchanges even in smaller amounts (for security reasons), based just on location, or cooperating with pensioners who have bank accounts, so they can buy bitcoin for him on exchanges and he gives them cash with an extra fee. And btw his mother is over 80 and collects sats through silly online clicking games. Seems like that the age is not a blocker for using bitcoin at all.

Is there some issue with https://testnut.cashu.space?

It feels weird to see one week old version of an application 😀

Eddie created a “Med-O-Mat” - a honey vending machine. Two things about it caught my attention: 1. The goal wasn’t to use lightning, but to find a working offline payment solution. And bitcoin, with the help of LNbits, turned out to be the best approach. 💪 2. He built it in a small village where most residents are of retirement age and generally not interested in bitcoin. But once he helped the first elderly lady set up an LN wallet and sent her first sats, it triggered a chain reaction. She started showing it to others. It seems that age is not a barrier to bitcoin adoption at all. According to Eddie, locals have even started using these payments in some other businesses. 🔥 https://www.med-o-mat.cz/

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I’m reading Humankind and it’s surprising how good and kind people actually are. And that only fews are trying hard to turn us against each other.

We’re on a mission to provide you an bitcoin onboarding tool for your friends. Help us improve.🙏 View quoted note →

State is a scam. Don’t share their propaganda. Every talking politic is using you as amplifier.

Improving app daily. Aim is to build the best tool for onboarding your friends and family into bitcoin. View quoted note →

Anyone willing to test nostr messenger with cashu payments?

Linky

Linky connects people you care about with simple Bitcoin messaging and payments.

I recommend to download PWA

Running White Noise