spacestr

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bennet
Member since: 2025-11-26
bennet
bennet 7d

If you're in the UK, you can't buy bitcoin on a centralised exchange until you pass a test. The FCA calls this an "appropriateness assessment", and it’s supposed to prove you understand how risky and volatile it all is. This is a routine bit of friction that UK stackers will be familiar with. But last week a thought struck me: what if they made you pass a test before opening an ordinary fiat bank account? Prove you understand where your money actually goes, who legally owns it, and how much of it is really protected? So I built it! Ironically I expect only bitcoiners will be able to pass it. https://bennet.org/blog/fca-knowledge-test-fiat-banking/

bennet
bennet 9d

Thanks, that’s really great to hear! 🙏

bennet
bennet 16d

Just published an interactive explainer on the Lightning network ⚡️ It includes a liquidity routing puzzle, which I think is a fun way to grasp the channel liquidity concept. https://bennet.org/learn/how-lightning-network-actually-works/ As always, comments and shares appreciated. Keep stacking. #bitcoin #lightning

#bitcoin #lightning
bennet
bennet 25d

Just published my explainer + tutorial on Silent Payments (BIP-352): https://bennet.org/learn/silent-payments-bitcoin-privacy/ Publish one reusable `sp1` address and share it anywhere, yet every payment lands on a different on-chain address, with no public link between them. No XPUB, no sender interaction. Sparrow + a Frigate server makes it practical to set up and test today, even without running your own node. #bitcoin #privacy

#bitcoin #privacy
bennet
bennet 25d

Thanks for the kind words, 🙏 Lots more to come!

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