702 sats \ 4 replies \ @03182e07e0 17 Apr 2023 \ on: I'm losing my faith bitcoin
Ooh, I feel like I'd like to reply to some of the points on that post and/or re-enforce:
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mainstream Bitcoiners advocating for hodl, don't spend: it's interesting because I think there are different mainstream influencers... Traders tell you to trade, crypto/investors tell you to invest but I feel like the people on lightning are on board with the spend and replace thing. I don't think either are more mainstream than the other, rather they target their niches. I'm bullish on benbtc reaching more normies and hopeful for more of that.
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I agree that we shouldn't recommend custodial bitcoin wallets, however I do see the appeal for lightning addresses and social fund raising that requires an always on server.
I wanted to offer someone time to install phoenix wallet in their own time and I'm experimenting with the reverse: give them a lnbits URL with a lnurlw link and they can claim it in their own time.
Re: developers, it's definitely clown world. I was talking to people in the bitcoinology meetup about this. Devs get in by project but then get to stay in the club and get funded even if they're not productive. Also there's tonnes of drama.
overall, great read.
It's better than that.
It's specifically using the "NXP NTAG 424 DNA"
This gives you the ability to use it's cryptographic features to add a deterministic but unique hash on every LNURL which your server will be able to verify with a secret key.
With this, you can prevent replay attacks, so it's safer to use our in the public.
You can buy these cards elsewhere, but you'd have to buy them in bulk to get a good price.
GENESIS