Ah, so this is how they solve the deficit. Prediction: they'll negotiate by replacing the increase with a low wealth tax (which of course they'll ratchet up over time).

This is serious

Tim Reynolds is the founder of Jane Street Capital. He currently runs a set of luxury resorts.

He's a rich guy who likes Bitcoin, and is giving back. Not every rich guy who likes Bitcoin can say the same :)

Even the article post-verdict can't articulate the state's case. Everyone seems to have been bamboozled by Chainalysis proprietary tools.

To be fair, it's possible Roman is guilty of what they're accusing him, it's just hard to verify.

(Not that this should be a crime in the first place - there are legitimate reasons for wanting privacy, and Bitcoin Fog helped)

The acceleration should look even more dramatic if you denominate this chart in purchasing power held. As the price goes up they'll be able to accumulate less BTC, as was designed. Praise be Satoshi 🙇

To be fair, I'd rather have the ETF than hold my Bitcoin on blockchain.com 😅

Yeah I love the aesthetic and build quality of ThinkPads

Graphene has been great. Was some effort to migrate things like passwords, but generally pretty easy.

A few minor inconveniences I add to it like having location off and not choosing to use Google maps (although it's possible). Also changed the keyboard to gboard (no network access) and use the pixel camera (also no network access) to make things a bit better.

I've progressively been moving my life away from Google and Apple for a couple of years now.

Besides from some university computers and the odd AWS instance, I only really tried Linux when I decided to buy an old ThinkPad and set up a new Bitcoin node. I chose Ubuntu because it just seemed the simplest with lots of support.

Recently I've moved away from my MacBook since it's about 9 years old and not coping so well, but I wanted to make the final switch so I don't rely on Apple at all (moved to GrapheneOS 1.5 years ago).

Bought a newish refurbished ThinkPad and installed Ubuntu again just because I'm used to it. It's so simple and clean, and I love using FOSS - people dedicate so much time crafting it (Ubuntu, LibreOffice etc) for almost no financial reward, the least I can do is use it :)

This is great 👏

I had a very elaborate scheme involving Coinos to try get around the Phoenix static swap in address

Hello

I'm not an expert, but I somehow managed to roll a set of dice enough times to get 256 bits of entropy. I also added a passphrase.

Dice rolling is an excellent method to mitigate risks of RNGs because you're obviously generating verifiable entropy in front of your own eyes.

Here is a straightforward guide, maybe not for Grandma, but easy enough for non-experts like me:

I assume the process should work on devices that copied the Coldcard's firmware, so Passport wallet may be able to do this process too.

I was on the beach in South Africa's "Wild Coast". Some friends and I saw dolphins swimming in the waves so we rushed in to try swim with them.

I should have been suspicious at how quickly I managed to swim out. We really did swim with these dolphins though which was incredible. But my friends were both frequent swimmers and surfers and water polo players, while I prefer running. I got tired and told them I was swimming back.

But as I was swimming it felt like the shore kept getting further away, and the waves were quite big so I kept losing sight of the beach altogether. I got really scared since I was exhausted and wasn't getting anyway and only then realized I was in a riptide.

I only vaguely remembered what to do (you're supposed to swim horizontal to the shore) so I started swimming backstroke diagonally towards it. I really thought I wouldn't make but I gave everything I had and was encouraged when I started getting closer.

I tried to explain to my friends that I thought I was going to die (they swam back in a few minutes later without much effort since they had experience with riptides). I got a tiny bit of sympathy 😅 Thought about it constantly for weeks, but I'm good now and still swim in the sea. Have read shitloads about riptides!

Sorry to hear. Stay strong and you'll get through it.

Any podcast app

So I finally tried to move to a SIPP and did loads of paperwork, but turns out my current pension doesn't allow transfers out.

Yet another reminder why having as much wealth in Bitcoin is critical - you don't have to ask permission to make a transaction.

Funny how keen people are to signal their disapproval of Bitcoin ETFs which are private and audited financial products provided by multiple institutions (okay fine yes there are only 3 custodians across them). Yes, not Bitcoin, still technically confiscateable but 100x better than holding a UST ETF or even $ in a bank account, and probably a gateway to people learning more (I wouldn't have discovered Bitcoin and become self sovereign later on had it not been for the services of an exchange which I used for way too long as my storage).

But, many of the same people are pushing for and celebrating governments holding Bitcoin in their treasuries and buying it with tax payer money.

I'll take individuals and businesses getting Bitcoin price exposure via private audited financial products rather than politicians rugging tax payers any day of the week.

"peer-to-peer" lol

Still reading, but this quote is revealing:

It shows how he thinks about decentralisation being about the ability of a project to continue once it's developers retire, and not as resistance to state-level attacks. Gets to the heart of why there's such a significant divide between earnest Bitcoin and Ethereum people.

I just don't understand who's buying these tokens? How are VCs turning their fee investment/cost into more money?

Has anyone ever met a person who's spent money on these? What's the pitch even?

My suspicion is that a lot of the volume could be wash trading, and if miners are linked to the VCs then maybe the high cost of minting is more than offset by people overbidding their fee rates in response.

Just looked this up, thanks! Seems there could be some restrictions but may be possible.

These days you need to be a full time investor AND financial advisor to be able to manage your fiat money.

I do, in this thing called Bitcoin 😋

Not in mine. UK based, and I can only choose from 4 index funds 😪