BTC smart contracts:

๐——๐—ฒ๐˜…๐—ฒ๐˜€
bisq
boltz
p2p derivatives

๐—Ÿ๐—ผ๐—ฎ๐—ป๐˜€/๐—น๐—ฒ๐—ฎ๐˜€๐—ฒ๐˜€/๐˜†๐—ถ๐—ฒ๐—น๐—ฑ
hodlhodl loans
lightning pool
joinmarket

๐—”๐˜€๐˜€๐—ฒ๐˜๐˜€
RGB
Omni
Counterparty

๐—š๐—ฎ๐—บ๐—ฏ๐—น๐—ถ๐—ป๐—ด
atomic odds
hodlhodl prediction market

๐—ข๐˜๐—ต๐—ฒ๐—ฟ
lightning
sphinx chat
open timestamps

Bitcoin consumes stranded energy, renewable energy, and waste heat because that's where miners generate the biggest gains.

Anything which profitably consumes stranded energy, renewable energy, and waste heat reduces pollution and promotes renewables.

Ergo bitcoin helps the environment.

Today, @grubles showed (twitter.com/notgrubles/status/) that the 15 tps *per user* number from 2018 is higher now, and can be over 100,000 tps per user under optimized conditions (e.g. no network latency). Lightning gives that tps to *every user* -- consequently the network scales massively. More users = ever more tps.

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Visa has an upper bound on their tps number due to having one database hooked up to a few powerful processing centers. But every LN user has their own database and runs their own processing center so the scaling factor doesn't depend on a central coodinator and has no upper bound. /2

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In 2018 the lightning network could do 15 transactions per second *per user.* (source: youtu.be/txcjxSRDvqQ) The phrase "per user" is important because that means there is no upper bound. If lightning has a million users then it can do 15 million transactions per second. This property, of scaling up with the number of users, is called linear scaling, and it's a whole 'nother league compared to bounded scaling, which is the type of scaling that centralized systems (such as Visa) can do. /1

IF you are a wallet dev/maker, what are you waiting to adopt PayJoin/BIP78 ?!?

en.bitcoin.it/wiki/PayJoin_ado

โœจ ๐ŸŒ•
โญ๏ธ ๐Ÿš€

:bitcoin:
|๐Ÿ‘
/ \_
โ”โ”โ”โ”โ”โ”“ ๏ผผ๏ผผ
โ”“โ”“โ”“โ”“โ”“โ”ƒ ๏ผผ๏ผผ
โ”“โ”“โ”“โ”“โ”“โ”ƒ
โ”“โ”“โ”“โ”“โ”“โ”ƒ ๐Ÿงธ
โ”“โ”“โ”“โ”“โ”“โ”ƒ
โ”“โ”“โ”“โ”“โ”“โ”ƒ
โ”“โ”“โ”“โ”“โ”“โ”ƒ
โ”“โ”“โ”“โ”“โ”“โ”ƒ
โ”“โ”“โ”“โ”“โ”“โ”ƒ

Yield farming options on bitcoin include these:

โ€ข Hodlhodl loans (up to 12% APY) - start here: lend.hodlhodl.com/

โ€ข Lightning Pool (up to 8% APY) - start here: lightning.engineering/pool/

โ€ข Bisq market maker (up to 5% APY) - start here: bisq.network/

โ€ข Liquidity bot (up to 5% APY) - start here: satbase.org/liquidity-bot/

โ€ข Joinmarket yield generator (up to 0.5% APY) - start here: github.com/JoinMarket-Org/join

All of these options are no-kyc and use native btc smart contracts.

Mastodon is cool, but it has many flaws. Here is an alternative idea that you may be interested in (quite an obvious idea that many people have had, but no one was working on it):

github.com/fiatjaf/nostr

BTC will win smart contracts. It has so many tools to build with:

- DLCs
- RGB
- Omni
- Rainbow network
- Moneysocket
- Shadowchains
- Spacechains
- Statechains
- Softchains
- Drivechains
- Just plain old escrow

I especially like DLCs because they let you create "if this then that" recipes where any public event of your choice results in either an outgoing payment or an incoming payment. Futures markets, derivatives, leverage, trading, volatility management---DLCs make all of that possible.

It's great to see people choosing the free and open source software! Here are my top picks.

Router: pfsense
Operating system: Pop!_OS
Browser: ungoogled-chromium
Recording: OBS
Video editing: Kdenlive
Messaging: Ferdi
IRC: Weechat
Password manager: Bitwarden_rs
2FA Authenticator: Aegis
Social media: Pleroma
Calendar & Contacts: Nextcloud
Sync to mobile: Davx5
VPN routing: Zerotier
VPN recommendation: Mullvad
Money: Bitcoin
Payment processor: BTCPayServer
Torrents: Transmission
Movies: Radarr
TV: Sonarr
Trackers: Jackett
Media centre: Jellyfin
Media player: VLC
Homepage: Homer

These are the examples of "privacy software" listed on the wiki article by that name:

โ€ข GNU Privacy Guard (GPG)
โ€ข Pretty Easy privacy
โ€ข Portable Firefox
โ€ข Pretty Good Privacy (PGP)
โ€ข Secure Shell (SSH)
โ€ข I2P
โ€ข Tor
โ€ข uProxy

I can think of others.

โ€ข Password managers
โ€ข Ricochet
โ€ข Protonmail clients
โ€ข Electrum personal server
โ€ข Coinjoin wallets
โ€ข Bisq

Anyone have more?

If everyone gets some bitcoin it could have a deflationary effect on the US dollar. As the value of their bitcoin goes up, companies will feel less need to raise the prices of their goods and services, and wage earners won't feel as desperate for a raise. Even as more dollars get printed, prices and wages may not rise because a lot of those new dollars flow into bitcoin. When monetary supply increases but not prices/wages, that's deflation.

Trump 2017: I don't like bitcoin and other cryptocurrencies

Trump 2021: Bitcoin only, there is literally no alternative

5 bitcoin privacy tools:

1. Coinjoins hide senders & recipients

2. Payjoins hide amounts

3. Paynyms conceal your other addresses when receiving money (easier than using a server like btcpay)

4. Coin control conceals your other addresses when sending money

5. Lightning minimizes the tx data you add to the blockchain

Combined, btc privacy is pretty good! Looking forward to wabisabi and coinswap in the future.

Also want: a wallet that lets you payjoin *within a coinjoin* ๐Ÿคฏ

New year, new release ๐Ÿ™‚

I just tagged the first release candidate for v0.9.3 of c-lightning.

Your mission, should you chose to accept it, is to help us test the new version

github.com/ElementsProject/lig

Why is bitcoinhackers.org the example used by Mastodon docs on how to block an entire server???

docs.joinmastodon.org/user/mod

When the monetary supply inflates, the inflators have two ways to distribute the new money: either everyone gets equal shares or some (usually favored businesses) get more than others.

In the latter case monetary inflation equals asset inflation because the companies who receive the new money are now worth more. In the former case pricing signals are disrupted b/c every good or service is priced at a percentage of the total money supply which is suddenly reduced.

Both cases hurt economically.

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