I'd never heard of Yubikeys until today actually Guess I should research them

True

I don't understand. I didn't see any issue with security keys Which makes my worried that I'm missing something deeper 😃

Cleansing my mind, after reading all day on 'Fork Talk'

Makes me bullish 🙂; confirmation that we're so early that even the bitcoiners don't recognize bitcoin when it's staring them in the face

1A2KCYi3bWnLtrQN2Byty21eUYmG5b8Xbz ‎

Let me ask a different question. Assuming that you agree that we can't get 8 billion people directly onto Lighting, each with their own on-chain funding UTXO, that means that hyperbitcoinization requires custodians: What's the best form of custodial bitcoin, if it's not cashu?

I loved this. Nice introduction to bitcoin, very easy to read and an inspiring end to the book

Dathon Ohm agreed to do this with you!? Nice. I hope you can link to the transactions when it's set up I've kinda ignored the details of Bitcoin Script, this might be a little project to get me into studying it 📚

I ignored bitcoin for very many years because I understood the blockchain well enough to know that it can't scale on-chain. I figured that the best case scenario was that it replaces gold and is used by banks and big businesses once a year to settle credit agreements, with the financial system still fundamentally based on credit So I bought a little "just in case", then ignored all the technical developments until the summer of this year Then I saw this video on Lightning and went full hyperbitcoinization crazy when I realised those crazy nerds have solved instant settlement 🙂 https://youtu.be/yKdK-7AtAMQ

Actually, I was wrong. Flash did link - in a comment - to the story. I'll edit my first comment now

So set up the on-chain bet, where the payout is enforced by bitcoin You can't claim it's "rigged", if it's enforced by the most well known trustless programmable money

Calle mentions a bounty here: https://njump.me/

The latest Phoenix wallet (one of the more common Lightning wallets) uses Taproot

What do you mean by 0-conf channels? You mean a totally standard Lightning channel, but where you consider the channel "open" even before the funding transaction is confirmed? So a total beginner, who has never held any bitcoin before, can receive their first 10-sat payment and build a channel from it immediately? The fees for the funding transaction could be greater than 10 sats Who will provide inbound liquidity for the 0-conf channels? For tiny amounts, I don't think there is any alternative to Cashu and Ark To get a balance that is safe and secure, after your first few small payments, I think an Ark round is the only cheap option Non-custodial Lightning only makes sense when your balance is a bit bigger That's why I hope to see wallets mix all of these systems, allowing users to gradually transition through all of them

That's not a serious piece. It's long, but I can't take it seriously After a "round", an Ark user has an on-chain balance that they can unilaterally spend at any time, and which nobody can steal from them But that pleb slop doesn't educate the reader about anything interesting like that

Another oversimplifying rant from The Bitcoin Standard It seems to be one of those books that uses "obvious" to distract from its weaknesses

Perhaps the best book on the intersection of economics and technology, and Wikipedia doesn't know about it 😮

Reading "The Bitcoin Standard" now. I can't take it very seriously. Gross oversimplification, and no nuance Then this kind of childishness as a pathetic way to take a dig at Keynes 🙂 I'm so glad that I read Lyn Alden's "Broken Money" first, to show me that thoughtful and well-read bitcoiners exist!