The City of Santa Monica is making history by opening an official Bitcoin office. The city council unanimously voted to pilot the office in partnership with the nonprofit Proof of Workforce at no cost to the city.|

cross-posted from: https://lemmy.ml/post/17822508

1624227344 sats = 960k USD

All over lightning, confirming in under a second for pennies in fees

cross-posted from: https://lemmy.ml/post/17823614

In this episode we discusses the political landscape of Bitcoin, focusing on Trump's recent Bitcoin-friendly stance and its implications. We explore the need for a Democratic Bitcoin strategy, the importance of grassroots education, and how Bitcoin aligns with progressive values, emphasizing its potential for global financial inclusion and environmental benefits. In a crucial election year, these issues, and bitcoin education for everyone, including progressives and democrats, is more important than ever.

My guest today is Jason Maier. Jason is a high school math teacher, educator, and author of “A Progressive’s Case for Bitcoin.”

Had dinner with some boomer-age family friends tonight who shared stories about their grandparents and other relatives who survived (or didn’t survive) the holocaust.

One family, posing as Christians, managed to escape Poland to the US in 1939. They had to travel through Nazi Germany and Italy on their journey.

This family invested much of their life savings into expensive camera equipment to not raise suspicion, as they were traveling under the pretense of going on holiday.

The conversation developed into all the ways people attempted to conceal and travel with wealth as they fled their homeland. Apparently, sewing diamonds into clothing was a common tactic.

These close friends were struck to hear how Bitcoin enables the storage and transfer of wealth by simply knowing a secret number. I told them of the work @gladstein and others are doing to get Bitcoin knowledge and tools into the hands of political activists and refugees.

“Fuck You Money” is a world changing technology. Let us not lose site of what really matters here 🫡 🤙

From nostr https://njump.me/nevent1qvzqqqqqqypzpz9zcw6zpd9qyacx4xrqp50aw39vdn739cspkaqcn0j77jet82j9qyfhwumn8ghj7mmxve3ksctfdch8qatz9uq3vamnwvaz7tmjv4kxz7fwdehhxarj9ehx2ap0qqsy98wlnfyk6ltxrgptyq6ysxhfwenseqawk08yz493yhdqsmcq4rgc787rs

"The Oslo Freedom Forum, held annually by the Human Rights Foundation, has become a worldwide cornerstone for human rights activists. This year, the 16th edition of the forum was centered around the theme "Re-claim Democracy." It brought together activists, thinkers, and leaders to discuss the challenges of rising authoritarianism and how bitcoin can support activists fighting against oppressive regimes."

Link without paywall: http://archive.today/L1n4y

Curious to hear people's stories

cross-posted from: https://discuss.tchncs.de/post/17018320

The outcome of this hearing could have profound effects on the cryptocurrency world. A ruling in favor of COPA [Crypto Open Patent Alliance] would not only curtail Wright’s ability to claim he is Satoshi Nakamoto but also set a strong precedent for handling similar cases in the future. It would reinforce the notion that baseless and harmful legal actions against community members and developers will not be tolerated.

cross-posted from: https://lemmy.ml/post/16448198

Globally, people are losing faith in our institutions. Our financial institutions, our governments, our media, our medical systems, even democracy as a concept in many cases. And for sound reasons. Proposed upgrades to Bitcoin's protocol would enable use of the chain (and L2s) for things aside from just money. On the world's most secure document: the bitcoin ledger. It will change everything and here's why.

The root problem is that we are building systems which rely on trust and time and time again, that trust has been broken. We have to trust that the people elected or appointed to those positions will do their jobs faithfully. But, of course, like us, they are humans and fallible. Subject to stupidity, greed, misdirection, and error whether through malice or accident. Take money, for example. Money has to be trust-able, so it is entrusted, for all its faults, to the most stable and neutral institutions humanity has ever created: the state. And yet, the state often abuses that authority to print money they shouldn't leading to inflation and hyperinflation, particularly for unpopular wars of conquest. Every failed state ends in hyperinflation, because it's a tool in the state's toolbox and they will use it when they have no other options. They'll turn on that money printer if they need to. And time after time, they have. There are ways to create trustless systems, where we do not have to trust individual actors to administer them faithfully, only for them to be mostly rational actors subject to the same laws of math and physics as the rest of us. Instead, the system administers itself according to some form of protocol. Bitcoin did this for money 15 years ago, it was created by Satoshi in the wake of the nearly total collapse of the global financial system (2008 financial crisis) to create a system which could not suffer the same fate. We all had to bail the banks out because they were "too big to fail", which was true, Bernanke won a nobel prize in economics for his analysis of this and the bailouts likely prevented the worst economic period since the great depression had the entire banking system be allowed to fail. You may not know who Bernenke is, but if you were alive during this time period, you know his face, he was the guy who had to sell the bailouts to the world as an idea. The reality is, fractional reserve banking is a ponzi scheme, and had the banks failed and people realized it, it would have stopped functioning. Our debt-based world order would have collapsed. No credit could be issued to build roads or fund schools or do anything because there would be no money in the banks to use as collateral and nobody would trust it. Just like in the US great depression. You can argue it's a sneakily beautiful ponzi scheme which drives the engine of human progress if you are a die-hard capitalist, but you can't argue it's not a ponzi scheme.

The crazy thing is, Bitcoin worked. It has kept every promise it made. For 15 years, it has faithfully administered a financial system with a known, transparent, limited supply of 21 million coins which can be transferred across the globe in seconds for pennies in fees. And it has continued to grow no matter which metric you measure it by. Through pandemics, wars, international conflict, attempted bans by major world powers, tick tock, next block, the blockchain continued to function. Not a single hour of downtime, not a single bank holiday, not a single hack or breach of security or protocol. Now, it has a market cap of over 1 trillion USD, which is bigger than the GDP of Israel, the Netherlands, Turkey, or Switzerland, countries with tens of millions of people. It's been consistently over 800 billion for a while now. It moves hundreds of millions of dollars of value on the regular. I can send a transaction to anybody on the planet with a cell phone and halfway reliable internet for under a cent in under a second.

Nobody can make Bitcoin print money it's not supposed to print. Nobody can transfer money without the private key of that coin. Nobody can force the network to do anything outside of its protocol, even if they bought every Bitcoin in existence. Even if they had a trillion dollars and 1,000 people with AKs ready to die for it. It's mathematically, computationally, financially, and logistically infeasible. I think the question is, long-term, how can be we build political and social systems which are equally trustless where we don't have to put people in positions of power. Just like democracy did to monarchy in spreading power around and reducing the damage one corrupted individual could do, we can now do that again in an order of magnitude greater in the same direction towards greater democratization. Whether you're a capitalist, a communist, or a member of the federation of planets, this tech has serious promise for making your ideal global vision come true. It's a matter of setting up the system correctly and getting adoption of it. It can be used for voting systems, for the collection of taxes, for the administration of public funds, goods, and markets. It can be used for a lot more than just money. With smart contract functionality, Bitcoin will be the ledger upon which all this is built.

I'm excited to be here with all of you. We are early. Most people I know don't own any crypto. The future is coming. Thank you Satoshi for your gift to the world.

Hello everyone!

I made a site where you can make bets online with an electrum multisig wallet (p2wsh). I made the UX easy as possible for onboarding and I'd like to hear your feedback about it. The website is currently live on BTC testnet3. I made a cheesy tutorial as well!

The site is: https://olivetitan.com

You can get testnet coins from https://cryptopump.info, https://bitcoinfaucet.uo1.net/ and many others.

I think this is the safest way to bet online currently. BTW you get proof, that you lost :)

No one can cheat.

I'm also looking into bitVM and exploring how that can help. Still learning!

Thank you for reading and hope you have a great time! ♥

NOTE: Do not use LTC, it asks for real LTC, not testnet

I stopped coming back to Lemmy 6 months ago after seeing there was not enough traction. Is there any good community for Bitcoin or just Crypto that is active with daily users?

The mod for this community (lemmy.ml) seems to have disappeared long ago (no posts, no comments, and I reached out to them many months ago and they have never got back to me)

The main mod for lemmy.world/c/bitcoin is just a squatter, who specifically mentioned to me that they are there to hand it over to the Reddit Bitcoin mods if they ever appear.

discuss.tchncs.de/c/bitcoin seems to have the most active mod, although I haven't checked the other bitcoin communities recently. I think it would be good to move activity over there, unless people think there is a better sub.

Where can I buy $500 gift cards for amazon.com with cryptocurrency?

When bitcoin topped $70,000 recently, I went to a few gift card outlet websites. But when I actually went to add a $500 gift card for amazon.com to my cart, they said it was "currently unavailable".

Did amazon.com stop selling gift cards to third parties? Or was this a temporary supply problem during the ATH?

Where can I currently buy a few $500 gift cards for amazon.com using cryptocurrency?

$500,000 to 14 projects targeting global education, Lightning Network innovation, decentralized communication, and easing access to financial freedom tools for nonprofits

🌍🌏🌎🎁

https://bitcoinmagazine.com/business/human-rights-foundation-grants-500000-to-14-bitcoin-projects-worldwide

Grant #1: USD E-Cash by Dr. Calle, leveraging the Cashu protocol for a secure USD-based Chaumian e-cash system that respects your privacy. Funding will support the full development of this project 🔒💸

Grant #2: BTC Pay Server provides free open source software for organizations that rely on Bitcoin, it is a critical tool for nonprofits operating in challenging environments. Funding will support enhancing the platform's user experience and extend its capabilities 🌐

Grant #3: BOB Space, for its Builders Residency Program in Thailand. Funding will help launch a new cohort, to be dedicated to identifying weak spots in Bitcoin’s decentralization, and making those into strengths 🌱 📡

Grant #4: YiBao, a non-profit that advocates for democracy and human rights within the Chinese-speaking world. Funding will enable translating key Bitcoin educational materials into Chinese and promoting financial freedom inside the world’s biggest Communist country 🇨🇳

Grant #5: The Bitcoin Innovation Hub, led by Noble Nyangoma in Uganda, offers a range of vocational training and financial literacy to women and men, centered around using and earning Bitcoin. Funding will support the addition of classes such as carpentry, baking, and valuable digital skills.

Grant #6: Bitcoin Dada, founded by Lorraine Marcel, is on a mission to empower African women with Bitcoin knowledge. Funds will support expansion across Africa, the creation of multilingual educational resources, and promote women-led businesses adopting Bitcoin 💪

The grants in this round to both Bitcoin Dada and The Bitcoin Innovation Hub are generously supported by Strike’s nonprofit initiative. Big shout out to Strike and everyone else that makes our work possible! ⚡

Grant #7: The Bitcoin Design Foundation contributes essential user research, aiding Bitcoin wallets and companies in enhancing UX to guarantee Bitcoin's accessibility for all 🎨📲

Grant #8: Bitcoin Optech is a vital resource for the Bitcoin developer community, offering insights into the most important Bitcoin technical conversations. Funds will be allocated towards operational expenses and growth strategies.

Grant #9: Damus, the first #NOSTR client on iOS, is expanding to Android! Funding enables this critical initiative which makes this open source client available to millions of new users in authoritarian countries and the developing world.

Grant #10: Bitcoin Core Developer Pablo Martin's contributions help maintain Bitcoin as a secure digital currency, pivotal for activists and individuals in high-risk environments. HRF is proud to support Pablo! 🛡👨‍💻

Grant #11: LNbits aims to decentralize custodianship and provides users with a robust suite of Bitcoin tools they can run for themselves. Funding will support the core contributors’ salaries, bounties, and educational outreach efforts through workshops and video tutorials ⚡

Grant #12: The Bitcoin Policy Summit 2024, organized by Bitcoin Policy Institute, is a critical platform for discussing how Bitcoin can play a role in protecting human rights. Funding will support event logistics, speaker travel, and attendance by human rights advocates 🏛️🗣️

Grant #13: Video series "Bitcoin for Billions" by #Bitcoin educator Paco de la India, is making Bitcoin accessible to millions in India, in a variety of local languages. Funding will be used for research, content creation, translation, and promotion 🎥🇮🇳

Grant #14: Scalar School in Brazil, established by Luciana, is nurturing a new wave of Bitcoin and Lightning developers across South America. The grant will go towards teachers’ salaries, training workshops, and university outreach 🌎🇧🇷

The Bitcoin Development Fund is committed to facilitating $2 million of grants in 2024, aiming to bolster innovative technical, educational, and community-driven Bitcoin initiatives worldwide

Submit your application at hrf.org/bdfapply

Until today Bitcoin has only been briefly above $69k. Today marks the first day it has been at that level without a rapid retrace. Congratulations to those holding strong.

cross-posted from: https://lemmy.ml/post/11793765

Most of these transactions took a few minutes and around $1 in fees. Bitcoin lightning is pennies in fees, but the account shown is on main chain.

If you know somebody who wants to contribute to Ukraine but doesn't want to deal with the hassle, cost, or availability of international bank wires, this is a great way. Most major cities have several Bitcoin ATMs and in many countries you can buy Bitcoin online easily.

Transaction list: https://www.blockchain.com/explorer/addresses/btc/357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P

Proof this address is really owned by the Ukraine govt: https://twitter.com/Ukraine/status/1497594592438497282