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RT @ThomasSowell
Inflation is a quiet but effective way for the government to transfer resources from the people to itself, without raising taxes.

Steve boosted

RT @GordonGChang
If mishandles , don’t be surprised if tells us we need to rescue , to prevent contagion spreading from there to and global markets. A rescue would be both a strategic mistake and a moral failure—as well as unlikely to succeed.

Steve boosted

v0.9.0 - Support for Bitcoin Core backends, more sanity checks and bugfixes.

v0.10.0 - Adds AnyBlockchain support for the Bitcoin Core RPC blockchain client, a new ureq based esplora blockchain client feature, and improved wallet drain_to support.

v0.11.0 - Adds the flush function to the Database trait to explicitly flush to disk the latest changes on the db that caches blockchain data.

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🚨 We have been remiss in announcing our regularly scheduled (~6 week) BDK releases! here's a catch-up toot thread so you know what you've been missing since our last tweet about 0.6.0:

v0.7.0 - Improved APIs, a more robust signing process and various bugfixes and improvements.

v0.8.0 - New APIs and other minor bugfixes and internal improvements.

Steve boosted

PSA - A hacker is selling 30 million social security numbers & driver licenses of T-mobile customers.

Bitcoiners using T-Mobile are at risk of being SIM swapped. Hold your in cold storage. 👏

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Today I created a regtest bitcoind P2TR descriptor based wallet and spent from it to a legacy wallet. The gist is below for anyone who want's to try it. I built a `bitcoind` docker image and used `bdk-cli` to generate my test xprv but the gist should also work if you build your own `bitcoind` and `bitcoin-cli` as long as you're on the bitcoin v22.0rc2 tag:

Steve boosted

SLP292 @achow101 Output Script Descriptors for

Andrew and I chat:
- seeds
- sometimes you need more than just keys
- industry approach vs Core approach
- backups
- output descriptors approach
- lightning
- taproot
- miniscript

Steve boosted

RT @murchandamus
So far, we've collected 13 responses regarding support for sending to Bech32m addresses.

Bitcoin Core, C-Lightning, Electrum, LDK, Sparrow Wallet

Armory, BitGo, BTCPay, NBitcoin, River, Rust Bitcoin, Trezor, Wasabi

Full table:

Steve boosted

This is really interesting stuff
RT @lopp
Very interesting research from Rene Pickhardt that concludes the base fees for routing lightning payments add too much complexity to pathfinding and by removing them we can make more effective use of multipath payments.

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"we're going to try bring Arti to a production-quality client implementation over the next year and a half"

"Eventually, once our Rust implementation of Tor is a good replacement for our C implementation, we will stop adding new features to the C implementation, and eventually drop support for it entirely."

#Tor is being rewritten in #Rust 😀

Steve boosted

RT @DocumentingBTC
Mechanicville Hydroelectric is the oldest renewable energy facility in the world that’s still running, but it was nearly dismantled as it’s difficult to maintain profitability.

That recently changed, and it’s now profitable, thanks to mining. ♻️


Elmo: Recursive Virtual Payment Channels for Bitcoin

Steve boosted
Steve boosted

President of El Salvador, Nayib Bukele: "Next week I will send to congress a bill that will make a legal tender."

Steve boosted
Steve boosted

RT @gladstein
Historic moment.

El Salvador on track to become the first country to accept Bitcoin as legal tender and to hold Bitcoin as a reserve asset.

The future is wide open.

@JackMallers is a legend.

Steve boosted
Steve boosted

If you are a new Bitcoin HODLer, listen to this episode.

I agree with every single point.

Always amazed at how transparent our little kiddie pool market is sometimes.
RT @TIP_Network
This week, @PrestonPysh is joined by @100trillionUSD & @adam3us. They talk about current market conditions, the Chinese mining migration to the West, the global macro implications of a trillion-dollar Bitcoin market drop of 50%, & much more!


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