A #Bitcoin DCA keeps poverty away 🧔 • Memes • #BTCorGFY • Staying humble & stacking #sats through DCA + BTFD is how you store your time & energy in #BTC

Joined July 2024
Bitcoin hasn't failed us. We have failed Bitcoin.
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You never truly own real estate. At best, you're just renting it from the government.
This quoted post is unavailable.
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I don't know who needs to hear this, but there are more important things in life than Bitcoin.
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This one aged well...
Replying to @blk014
It’s when the project makers could have a ā€œbugā€ in the entropy generation for later retrieval.
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All I can think right now is there were people who literally gifted coldcards to their loved ones for Christmas 😐
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The Bitcoin Experience retweeted
NVK used open-source code from Trezor to build Coldcard. Then Foundation forked Coldcard’s code to create Passport. NVK got mad and switched Coldcard to a Commons Clause license so competitors could no longer use their code. But because he couldn’t simply relicense the GPL code he took from Trezor, he had to remove and replace it. And during that rewrite, he introduced the RNG flaw. That flaw stayed unnoticed for 5 years because nobody had an economic incentive to spend weeks auditing code they were no longer allowed to build on. His greed caused his downfall. Do I get this right?
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The Bitcoin Experience retweeted
The thing that makes me so angry is that this didn’t have to happen. There were so many warning signs. But too many people chose tribalism, sponsorship and purity. First of all Coinkite only had a handful of employees, they never employed a full dev team. Instead they were run primarily by an ego maniac who not only refused to cooperate with the larger community but was outright hostile to anyone that didn’t fawn over him. Coinkite was not ISO certified, they held NO standard formal security certifications. Instead demanding that every single user should ā€œdon’t trust, verify.ā€ Verification is the very reason tech companies hold certifications. They did no third party audits. This is the part that makes me sick to my stomach that anyone was ever recommending them. And they had no bug bounty program. If you know anything about software, anything at all, those are three HUGE red flags. Furthermore NVK himself aggressively went after his competition. He registered a long list of domains and squatted on them so Seedsigner couldn’t use them. See @sesi_the_man He pivoted his ā€œopen source codeā€ to new licensing that is "source available" instead of FOSS. See @zherbert It seems the bitcoin community wrote this all off because… those products made themselves available for other use cases? Even if Coldcard had been secure, it should have never been pushed onto normies with limited technical abilities. ā€œAnyone can roll dice.ā€ Sure. But should someone who has never even heard the word entropy be required to securely create their own? Absolutely fucking not. There are way too many things that can go wrong. And clearly, a lot has gone wrong. Do better. Godspeed.
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The Bitcoiners who stayed humble and stacked sats, unfortunately, got humbled into oblivion when they lost the sats they stacked. This tragedy is the biggest stain on Bitcoin, in my opinion.
i thought coldcard was the best and holy shit i was completely wrong have been trying my best to help people move for the last two days with no sleep, exhausted, broken, tragic my comms are overwhelmed by people, trying to respond to everyone if you are reading this and think your coldcard setup is fine because dice/passphrase/multisig, strongly consider moving anyway to reduce risk
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Weird question, but are any good actors out there, who have the technical skills, in the process of sweeping funds from coldcards in an effort to get them before bad actors do? I mean, get them yourself so that you can then return them to the true owners, before they get robbed
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Not a good look, @saylor Just my 2 sats...
He made space in his busy day to acknowledge a major thing that happened.
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Will the Coldcard situation cause Bitcoin to drop to $40k?
16%Yeah!
12%Not sure...
72%Nah!
25 votes • Final results
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So, for the ultimate paranoid Bitcoiner, is it best practice to have a multi-sig wallet created entirely by rolling dice or flipping a coin 256 times? 😐 @w_s_bitcoin
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Just want to say thanks to @saifedean for his email regarding the @COLDCARDwallet security issue. Nowadays, I rarely check this space, and I wouldn't have known about this until maybe too late. What an absolute shit show. I have no words for the people who lost their stack šŸ˜”
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Gamers out there, help her out 🧔 #gamer #gamers #gaming
Altar survey for my BA dissertation - If you are familiar with the game Journey could you please answer this short survey for my dissertation? It's very much appreciated! Thank you LINK: docs.google.com/forms/d/e/1F…
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If you're not ready for $40K Bitcoin, you probably should be. Just my 2 sats...
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The Bitcoin Experience retweeted
In 1891, a British doctor named George Murray took a 46-year-old woman dying of myxedema, the end stage of severe hypothyroidism, and reversed it by injecting her with an extract of sheep thyroid. She lived another 28 years on that treatment and died in 1919 of an unrelated heart condition. (PMID21205773) We're going to spend the next 90 days on why that first bridge connecting the ancestral to modern biocehmical evolution wasn't a fluke, and how it might shape the way you look at food and the concept of nutrients. The whole series will rest on one idea -> Eating a specific organ can support that same organ in your own body aka Like supports like. While most have come to file it under superstition, it's the principle medicine was built on, before it learned to isolate the active molecules and sell them one at a time, as we're starting to see again with modern peptides. Through the 1880s, surgeons removing the thyroid to treat goiter kept producing the same disaster: patients developing full myxedema(severe hypothyroidism) afterward. By the time Murray took his patient, the field already accepted that myxedema was the thyroid going missing. His move was to run that backwards. If losing the gland causes the disease, supplying what the gland makes should reverse it. There was no synthetic thyroid hormone to reach for, thyroxine wouldn't be isolated until 1915, so he prepared an extract from fresh sheep thyroid and injected it under her skin. Within months she was unrecognizable from the patient who walked in. In 1920 Murray published the full life-history of that first patient. Over 28 years she moved from injections to oral thyroid extract, went through the equivalent of around 870 sheep's worth, stayed well the entire time, and died in old age of heart failure rather than the disease. Within a year, Hector Mackenzie showed that feeding fresh thyroid by mouth worked as well as injecting it. The organ could just be eaten, and a failing human organ recovered on the strength of an animal one. That practice has a name: organotherapy, treating a human organ with preparations of the matching animal organ. Endocrinology grew directly out of it. The historian Merriley Borell traced how British physiologists took these crude glandular results and built the entire concept of internal secretions, which is to say hormones. (PMID11610067) The thyroid is the cleanest example there is: a clear deficiency, a clear replacement, a durable result, documented for 28 years. But it get's far more nuanced. There are strong arguments for the hormones t1, t2, t3, and t4 being the reasoning behind this particular organs success, not some unknown signaling mechanism. The imprecise nature and 1000s of anecdotes using raw glandular, which have very small amounts of these hormones when compared to pharmaceutically concentrated forms, lends credence to further exploration. Not every organ has this much data and evidence to dig through, but over the next thirteen weeks, we'll dive into all the ones that do and which are still phenomenological. We're starting here because the cleanest case is also the oldest, and it has been sitting inside the origin story of endocrinology for 130 years. The thing now dismissed as folk medicine is the same thing that produced thyroid hormone, insulin, and the whole concept of a hormone. We're going to walk you through every aspect of the research, including clinical data, signature data, current peptide sciences, and the studies we have invested in heavily to solidify all this work. By the end of this series, you will thoroughly understand the power foods contain beyond their basic vitamins and minerals and get access to never-before-seen studies; not hyperbole, we discovered studies that were buried in old libraries across the world that were never uploaded to the internet. Stay Tuned!
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The Bitcoin Experience retweeted
Venice built the greatest commercial empire in European history without a central bank, without industrial policy, and without a single economic development agency. While Byzantine bureaucrats strangled Constantinople with regulations and Frankish kings debased their currencies, Venetian merchants created wealth through voluntary exchange and sound money. The lagoon dwellers who fled Attila's hordes in 452 AD had nothing but salt marshes and fish. No natural resources. No agricultural surplus. No inherited infrastructure. What they possessed was something far more valuable: distance from the coercive apparatus of mainland states. This geographic accident forced them to survive through trade rather than taxation, commerce rather than conquest. Venice's constitution deliberately fragmented power to prevent any single authority from controlling trade. The Doge held ceremonial functions while competing merchant families checked each other's ambitions. No guild could monopolize an industry without rivals organizing alternative trading networks. When the state tried to restrict private commerce in 1297 with the Serrata del Maggior Consiglio, it marked the beginning of Venice's decline, not its peak. The Venetian ducat maintained its gold content for over 500 years while every other European currency suffered debasement. Merchants could calculate profits across decades, plan investments across generations, and accumulate capital without worrying about monetary manipulation. Compare this to England, where Henry VIII cut silver content by 83% in just 20 years. Voluntary association and sound money create abundance. Coercion creates poverty. Venice proved this. The same economic laws that enriched Venetian merchants still operate today, waiting for governments brave enough to get out of the way.
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This was one year ago...
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The Bitcoin Experience retweeted
Farmers have figured out that the cheapest pesticide is a strip of flowers. When you plant wildflowers through a crop field, not just around the edge but in strips running through the middle, you get ladybugs, lacewings, hoverflies, and parasitic wasps living in the field instead of visiting it. They eat the aphids, the caterpillars, and the mites for free, all summer long. In controlled trials, fields with tailored flower strips had leaf-beetle numbers 40 to 50% lower and crop damage cut by around 60%, enough to drop below the threshold where spraying was even considered worth it. The flowers attract a standing army to our fields. We spent decades engineering chemicals to kill the insects eating the crop, when the insects that eat those insects would have worked for the price of seed.
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The Bitcoin Experience retweeted
Any help would be much appreciated 🧔
Does anybody know how I can get in touch with @virtualben89? It's about a Bitcoin lightning channel I have opened with his node many years ago and I cannot close it, because I'm missing the channel.db file 😩
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