🥝🇳🇿Bitcoin meetup tomorrow (Saturday 12th) in Wellington, New Zealand. Fork & Brewer @ 2pm! All welcome.

This week has taught me one thing: Those who use BTC as collateral to borrow money are helping to push Bitcoin adoption further into the future -- the same effect as those who promote shitcoins. They want to earn now 20%, rather than 200% later. When their short-term investments fail, they are forced to sell their BTC, which drives down the price of BTC. That in turn makes ignorant people think that Bitcoin is failing, so they sell too. The only backstop to that selling are those who stack and hodl.

Just found $200 in an old online poker account. Swiped me some cheap sats!

I am just fed up with the FTX news, even though it is huge news. But life goes on.

On the bright side you stack more with fiat, we are all here for the technology right? New block is also added every 10 minutes, tick tock next block.

Have a great day people!

So I wake up and realize that the fiat value of my btc stack has taken a major hit for what seems like the 50th time over the past year. So why am I so happy to watch Sam Bankman Fraud go up in flames?

Had the pleasure of doing a real-life test of our orange pilling 🍊💊 web app on Monday! I went to the Miami Bitdev meetup, and after we all went for drinks at a bar called The Anderson here in Miami.

So I ordered a drink and it was the perfect opportunity to ask the bartender if he'd be open to me giving him his tip in bitcoin.

The first thing he said was "I don't have a bitcoin wallet" so I explained what our web app does and that he didn't need one at the moment to receive his tip.

He went to grab his phone and in the meantime, I loaded a $10 tip via Strike -

Then once the QR Code with his tip was generated I had him scan it and explained to the bartender that he had to claim the tip via email and the site would walk him through downloading a wallet to withdraw his sats.

I set the expiry date for his tip to 30 Days to give him enough time to withdraw his sats.

As of right now it's been 3 days and his progress hasn't moved, he's still stuck in the download wallet screen. (This is a feature we added where you can see what stage the person who received the tip is sitting in)

This will be the perfect user scenario for us to start building out email reminders to incentivize the user to complete their onboarding and withdraw their sats.

In case anyone wants to give the app a try here are 1000 sats up for grabs! https://lgt.st/RNfXfM

Also in case you want to follow our journey building this app we post weekly updates on our progress:

#Buildinpublic: Bolt 🔩 Fun Week 1 - Lightsats ⚡️ #Buildinpublic: Bolt🔩Fun Week 2 - Lightsats ⚡️ #Buildinpublic: Bolt🔩Fun Week 3 - Lightsats ⚡️ #Buildinpublic: Bolt🔩Fun Week 4 - Lightsats ⚡️

Here's our twitter account so you can also follow us there @Lightsats21