burn the bridge Profile Banner
burn the bridge Profile
burn the bridge

@econoalchemist

Followers
28,970
Following
1,669
Media
1,964
Statuses
10,580

I wrote some guides on #Bitcoin self-custody, censorship resistance, & privacy. Now I co-host @pod256

Joined December 2018
Don't wanna be here? Send us removal request.
Explore trending content on Musk Viewer
Pinned Tweet
@econoalchemist
burn the bridge
4 years
Pinned thread of threads so they are easier to find. As I make more I'll add them here. BIP85 & ColdCard:
@econoalchemist
burn the bridge
4 years
1/19 A thread on BIP85, setting up a @COLDCARDwallet from scratch, & using a primary seed to derive entropy for @bluewalletio & Bitcoin Core. "One seed to rule them all, One Key to find them, One Path to bring them all, And in cryptography bind them."
Tweet media one
43
197
739
92
134
581
@econoalchemist
burn the bridge
3 years
The question is not "Who is going to let us?". The question is "Who is going to stop us?".
Tweet media one
131
508
4K
@econoalchemist
burn the bridge
2 years
I left the security of my fiat job in the city for the prospects of living free in the country. I'll make my own way with a shipping container, a few #Bitcoin miners, & some old fashioned ingenuity. Wish me luck.
Tweet media one
Tweet media two
179
114
2K
@econoalchemist
burn the bridge
3 years
1/18 #Bitcoin blockchain data received by satellite connection instead of an internet connection. Made possible by @Blockstream A thread on installing & operating a #Bitcoin satellite node on a RaspberryPi. The power of censorship resistance grows stronger everyday.
Tweet media one
71
523
2K
@econoalchemist
burn the bridge
3 years
1/34 Home mining for non-KYC #bitcoin An thread on setting up an ASIC Bitcoin miner at home with the goal of generating a non-KYC stack. -Procurement -Electrical infrastructure -Ventilation requirements -Noise treatment -Connecting to a pool -Operational costs/rewards
Tweet media one
40
281
1K
@econoalchemist
burn the bridge
2 years
1 miner online in the new home. Testing VPN failovers. Ticking like a Swiss pocket watch.
52
53
832
@econoalchemist
burn the bridge
2 years
#bitcoin self-custody in a nutshell.
Tweet media one
41
116
773
@econoalchemist
burn the bridge
4 years
1/19 A thread on BIP85, setting up a @COLDCARDwallet from scratch, & using a primary seed to derive entropy for @bluewalletio & Bitcoin Core. "One seed to rule them all, One Key to find them, One Path to bring them all, And in cryptography bind them."
Tweet media one
43
197
739
@econoalchemist
burn the bridge
2 years
During queen Elizabeth's lifetime, GBP value decreased by 99.998%
38
123
734
@econoalchemist
burn the bridge
2 years
6.22 #BTC to a lone wolf who took a chance.
@ckpooldev
Dr -ck
2 years
Congratulations to a bitcoin miner with only 126TH who solved a solo block on see:
48
141
1K
25
33
706
@econoalchemist
burn the bridge
3 years
Was hoping to run this #Bitcoin mining setup longer but the boss has been getting a little too vocal about vaccines and I'm sick of arguing with the kids' teachers about masks. We found our dream home far, far from 🤡🌎 My next setup will be an immersion cooling system.
54
30
683
@econoalchemist
burn the bridge
3 years
How it started: How it's going:
Tweet media one
Tweet media two
37
45
660
@econoalchemist
burn the bridge
2 years
Whether you want to run 1 ASIC or several, buy a BlackBox or build your own; now you have my support and I'm dedicating my time to helping you succeed. I believe anyone can mine #Bitcoin at home and now Steve has given me the resources to make that a reality.
@SGBarbour
Steve Barbour
2 years
Dear #bitcoin plebs, I am very happy to announce that @econoalchemist has joined @upstreamdatainc as our official 'Mining Support Specialist' for our home and commercial #blackbox and ASIC customers. Can't think of a better person to join us in this role!! #mineupstream #ohmm
71
32
696
77
50
652
@econoalchemist
burn the bridge
2 years
1/17 Build your own #Bitcoin home mining enclosure for under $150, with a 20dB attenuation. A thread based on a DIY indoor version of @SGBarbour 's #BlackBox
Tweet media one
26
139
659
@econoalchemist
burn the bridge
3 years
1/28 Don't take chances rolling the dice. A thread on verifying @COLDCARDwallet firmware, generating a 24-word seed phrase with dice, verifying the dice rolls, backing up the seed with a 3D printed @blockmit_com jig, and stress testing the backup.
Tweet media one
23
167
640
@econoalchemist
burn the bridge
2 years
1/24 Mining #Bitcoin from home on a private network is an essential part of maintaining a permissionless operation. A thread on using @pfsense , @WireGuardVPN , & @mullvadnet to build a robust home network & route mining traffic through multiple VPN tunnels without added latency.
Tweet media one
29
191
627
@econoalchemist
burn the bridge
3 years
1/24 Build a self-custodial Lightning node with @RaspiBlitz A thread on Lightning for beginners.
Tweet media one
13
184
607
@econoalchemist
burn the bridge
2 years
Build your own router. Keep the relationship with your ISP strictly business.
Tweet media one
24
76
578
@econoalchemist
burn the bridge
2 years
1/10 Getting started with cold storage can be simple; striving for verification, privacy, & security can start to add layers of complexity. A thread on beginner, intermediate, & advanced user guides I wrote on getting started with @COLDCARDwallet
Tweet media one
38
143
582
@econoalchemist
burn the bridge
1 year
$350/mo last winter to heat this home with natural gas. This winter, $350/mo in electricity gets me a warm home plus ~1.1m sats/mo. @upstreamdatainc BlackBox + @CryptoCloaks duct adaptors did the trick.
Tweet media one
22
58
580
@econoalchemist
burn the bridge
3 years
Mined my first 1,000,000 sats. Took 16 days. Cost about $160.00. My utility provider could have obtained the electricity I used from coal, hydro, solar; I don't know where they got it. It doesn't matter, that's on them to source it. I paid for it & can use it however I want.
24
37
562
@econoalchemist
burn the bridge
2 years
My wife & I have been paying $1.51/oz for grass fed beef from the store. This @beefinitiative box cost us $0.70/oz delivered. Plus we paid in #bitcoin and it supports based ranchers like @kandccattle & @JasonWrich . I'm stoked on this.
Tweet media one
Tweet media two
49
44
557
@econoalchemist
burn the bridge
4 years
Decided to fuck around today and set up a fresh non-KYC savings account.
Tweet media one
32
78
548
@econoalchemist
burn the bridge
3 years
My day job is the side gig now.
Tweet media one
Tweet media two
34
18
537
@econoalchemist
burn the bridge
2 years
Holy mother of god. In their bankruptcy filing, Celsius included in clear text the names, dates, txs, & amounts of every single user on the platform. The 14,532 page .pdf archive is at:
@hdevalence
henry 🌘
2 years
wait, *what*
Tweet media one
61
281
2K
68
130
555
@econoalchemist
burn the bridge
2 years
1/18 Storing clear text secrets without risking it all. A thread on @COLDCARDwallet 's Seed XOR function, what it is, and how to use it.
Tweet media one
29
133
539
@econoalchemist
burn the bridge
3 years
Get your #bitcoin off the exchange and into self-custody. Today.
16
58
528
@econoalchemist
burn the bridge
2 years
Decided to organize my gun room this weekend.
Tweet media one
84
17
517
@econoalchemist
burn the bridge
3 years
1/35 A thread on getting started with #bitcoin self-custody: How to: - setup a new @COLDCARDwallet - secure a seedphrase with @CypherSafe - receive & send #bitcoin using PSBT with @SparrowWallet Welcome to the wonderful world of radical responsibility ;)
Tweet media one
14
141
518
@econoalchemist
burn the bridge
2 years
1/25 #Bitcoin on-chain privacy is becoming increasingly important as govts trend toward tyranny, as money gets weaponized, and as data breaches become more targeted. This @BitcoinMagazine article covers using @SamouraiWallet 's Whirlpool on mobile.
85
148
499
@econoalchemist
burn the bridge
2 years
Just to clarify, the shipping container is just for the miners. My family & I are living in our dream home next to the shipping container.
31
4
490
@econoalchemist
burn the bridge
9 days
This is a dark day for privacy advocates everywhere. But by no means does the fight end here.
13
83
500
@econoalchemist
burn the bridge
2 years
In an uncanny turn of events another solo #Bitcoin miner solved a block, raking in 6.14 BTC, only 255 blocks after the last solo block find.
@ckpooldev
Dr -ck
2 years
Congratulations to yet another small miner solving a block solo with only 116TH on ! They haven't even been mining a week with this hashrate!
32
38
382
38
31
470
@econoalchemist
burn the bridge
1 year
I'm at the "fuck it... let's get some goats" stage of my #Bitcoin journey.
Tweet media one
35
17
471
@econoalchemist
burn the bridge
3 years
48 hours into home mining for non-KYC #bitcoin 103k sats confirmed, another 50k sats pending confirmation. Cost $19.58 in electricity.
Tweet media one
43
29
452
@econoalchemist
burn the bridge
3 years
If federal law overrides state law then how did I get so fucking high off this weed I bought at a Colorado dispensary?
@townhallcom
Townhall.com
3 years
PSAKI: "We know that federal law overrides state law." She goes on to say that this legal aspect is "unquestionable."
2K
388
959
24
40
436
@econoalchemist
burn the bridge
2 years
Take your hash with you on the go with the @braiins_systems backpack:
29
93
467
@econoalchemist
burn the bridge
2 years
Check out the engine room of an @upstreamdatainc Hash Hut combo. Natural gas Chevy V8 means service parts are available at any auto parts store. Captured gas means bringing stranded energy directly to market through #bitcoin mining.
37
84
449
@econoalchemist
burn the bridge
4 years
Hear me out @jack
Tweet media one
17
29
423
@econoalchemist
burn the bridge
2 years
Fuck Bill Gates. Get out & shake a rancher's hand. Learn their story, pass it on. Vern is a 3rd gen rancher ordered off his 130,000 acres & barred from owning cattle. Thousands like him are being shut down & replaced with a synthetic food supply. Read:
Tweet media one
12
85
419
@econoalchemist
burn the bridge
3 years
Lock = True I now have a direct receiving link from a @Blockstream satellite to a RaspberryPi.
Tweet media one
31
28
386
@econoalchemist
burn the bridge
7 months
Your government will manufacture a crisis, coerce you into taking a deadly vaccine, then gaslight you into thinking they had no part in the resulting damage. Those who speak out against it are silenced by the government's media arm. Guillotines are needed now more than ever.
Tweet media one
23
76
369
@econoalchemist
burn the bridge
2 years
#Bitcoin benefits stray animals.
@HadjPadjOptions
#Bitcoin2024 😈
2 years
Couple of my #bitcoin miners will keep stray cats warm this winter
21
37
271
8
32
339
@econoalchemist
burn the bridge
3 years
I'm honored to announce that I'm collaborating with @BitcoinMagazine to bring my censorship-resistant, self custody, & non-KYC focused #Bitcoin content to a wider audience. I'm truly humbled for all the community support & really excited for what the future has in store.
38
32
342
@econoalchemist
burn the bridge
4 years
Over 100 dice rolls & over 120 stamps later, I'm happy with how the washer backup turned out. Time to start the long & tedious journey from KYC to non-KYC.
Tweet media one
Tweet media two
24
35
331
@econoalchemist
burn the bridge
3 years
If you had to guess: What percentage of #Bitcoin hashrate is controlled by home miners worldwide?
132
11
300
@econoalchemist
burn the bridge
2 years
1/24 Preserve the anonymity gained in Whirlpool by making every spend a CoinJoin. My latest article with @BitcoinMagazine covers how to use the spending tools found in @SamouraiWallet & @SparrowWallet step-by-step.
34
110
312
@econoalchemist
burn the bridge
4 years
1/56 @SamouraiWallet + @RoninDojoUI A thread on privacy, anonymity, & options. -Samourai Mobile Wallet -Ronin CLI -Dojo full node -Ronin UI -Whirlpool GUI -Electrum -Explorer -OXT -KYCP
Tweet media one
19
104
322
@econoalchemist
burn the bridge
3 years
I don't know where this is going but I'm looking forward to anything that empowers the smallest minority, the individual. To think that in the last year mining at home has gone from a Coleman cooler & some duct tape to this level of engineering initiative blows my mind.
@jack
jack
3 years
Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. If we do this, we’d follow our hardware wallet model: build in the open in collaboration with the community. First some thoughts and questions.
2K
6K
38K
7
21
316
@econoalchemist
burn the bridge
3 years
Part 1 of a 5-part series: The Importance of Self-Custody & the Dangers of KYC. A thread for total Bitcoin beginners to share a message I wish I had received when I was first starting out.
Tweet media one
21
97
314
@econoalchemist
burn the bridge
2 years
1/25 If you're not running your own node, you're trusting someone else's. A guide on the @RoninDojoNode Tanto; the plug & play #Bitcoin full node that enables a private backend for @SamouraiWallet , Whirlpool, & more. Full article from @BitcoinMagazine :
55
82
301
@econoalchemist
burn the bridge
2 years
1/25 Self custody with the @SeedSigner , a project that brings together free & open-source software, inexpensive & general-purpose hardware, & a DIY approach to taking personal responsibility of your #bitcoin Check out the full @BitcoinMagazine guide:
66
75
284
@econoalchemist
burn the bridge
3 years
It took 8 minutes for 50 #Bitcoin home miners to sign up for an S19J Pro. That's 9.5 BTC ($600,000) on the table. Home miners aren't fucking around. Bullish.
@SGBarbour
Steve Barbour
3 years
OK guys closing it now, we got 50 signups I have to assume that's enough to seal 10 deals. If this works out we will make it a business, give us a bit of time to make sure this goes smoothly. We care more about our reputation than making money, not gonna let this fail.
22
4
156
10
23
288
@econoalchemist
burn the bridge
3 years
1/46 Use non-KYC #bitcoin to achieve mobile privacy with a de-Googled phone. A thread on flashing @CalyxOS to a Pixel 4a.
Tweet media one
11
76
288
@econoalchemist
burn the bridge
2 years
The new @COLDCARDwallet MK4 is NFC equipped, among other improvements like USB-C connection & an additional secure element. You can share information with a mobile device instantly, such as addresses, either individually by QR code or a list of 10 addresses via NFC.
16
35
279
@econoalchemist
burn the bridge
3 years
At this rate, I will have achieved ROI in 116 days. 70-days uptime & I'm 60% of the way to breakeven. Not to mention the value of the hardware has more than tripled. What do you anticipate happening with #BTC in the next 4 months? Considered mining?
24
35
269
@econoalchemist
burn the bridge
3 years
The $600 stimulus checks were just dust attacks for the impending privacy invasion.
8
28
264
@econoalchemist
burn the bridge
3 years
Alright, let's see your illegal transaction processing nodes. 📷👇
Tweet media one
@lukechilds
Luke Childs ☂️
3 years
@zndtoshi Best case on the market hands down.
1
0
22
32
11
255
@econoalchemist
burn the bridge
2 years
Flashed @pop_os_official onto one of my PCs, wish I had done this sooner, very easy. Got Ungoogled Chromium & @torproject installed, @bisq_network account migrated, @SamouraiWallet Whirlpool-GUI running, @SparrowWallet setup, but the highlight is this new @RoninDojoNode UI 🔥🔥🔥
Tweet media one
30
38
279
@econoalchemist
burn the bridge
1 year
1/5 Ledger offers new private key backup service that requires KYC documents. Bold move for a company that neglected to secure over 1 million customer records including full name, phone #, email, & physical address.
@Ledger
Ledger
1 year
Exciting update, Ledger has a new product, Ledger Recover, that’s launching soon: 🧵Here’s what Ledger Recover is and what it isn’t, explained by @P3b7_ & in the thread below.
4K
641
2K
16
47
273
@econoalchemist
burn the bridge
2 years
1/20 Bringing your #Bitcoin node, wallet, & miner back into one cohesive device with the @FutureBit Apollo. This thread is the short version of a more detailed guide that can be found on the @BitcoinMagazine website:
38
61
262
@econoalchemist
burn the bridge
3 years
non-KYC #bitcoin for 75% discount (BELOW market price) my initial estimates were conservative + new meter dropped rate from 0.12 to 0.08 Energy cost $7.05/day mining reward 0.00062424/day Miner ran 17 days on this billing cycle, consumed 1,428 of 1,692 total kWh @ $0.0838/kWh
Tweet media one
Tweet media two
Tweet media three
Tweet media four
15
48
266
@econoalchemist
burn the bridge
3 years
I'll be publishing a 5 part series starting tomorrow, 1 part/day. Made for total beginners. 1) Importance of self-custody & dangers of KYC 2) @SamouraiWallet 3) @bluewalletio 4) @SparrowWallet 5) Buying #bitcoin at an ATM for security deposit in first @bisq_network trade.
12
46
251
@econoalchemist
burn the bridge
2 years
1/27 A thread on setting up and securing the @FOUNDATIONdvcs Passport to self-custody #Bitcoin - Unboxing - Supply Chain Validation - PIN -Firmware - Seed phrase - Passphrase - Testing backups - Connect w/ @SparrowWallet - Multisig w/ @COLDCARDwallet - Additional features
43
67
244
@econoalchemist
burn the bridge
2 years
Tomorrow at 17:00 UTC I'll hold a Twitter Space to go through my recent #Bitcoin Home Mining Network Privacy guide published with @BitcoinMagazine . Check out the full guide here:
7
39
238
@econoalchemist
burn the bridge
2 years
100k sats up for grabs in a 4-of-4 multisig I made using @SeedSigner & @SparrowWallet . Each card contains a private key with the PassPhrase-applied fingerprint written on bottom. Figure out the passphrases and the sats are yours. Every 100 likes, I'll drop a new clue.
Tweet media one
Tweet media two
Tweet media three
Tweet media four
9
37
267
@econoalchemist
burn the bridge
2 years
Jack is often subtle in his tweets, but reading between the lines here, I think he's mining #bitcoin at home.
@jack
jack
2 years
Tweet media one
341
362
5K
19
16
247
@econoalchemist
burn the bridge
4 years
A thread of 10 reasons I like @COLDCARDwallet #10 : Tamper evident - Packaging has unique # that you confirm on device. Clear case to see if components have been modified. LED lights confirm flash memory is unaltered.
Tweet media one
Tweet media two
9
73
255
@econoalchemist
burn the bridge
2 years
BECOME UNGOVERNABLE
@Resist_05
Pelham
2 years
Barcelona… Citizens fill balloons with paint and grease so police are unable to use any weapons or batons. RESIST 🔥🔥🔥
Tweet media one
137
2K
5K
4
30
255
@econoalchemist
burn the bridge
2 years
This is what the disbursed #bitcoin donations to the Freedom Convoy truckers looks like on @oxt_btc
Tweet media one
15
52
250
@econoalchemist
burn the bridge
2 years
REJECT DYSTOPIA
@GBNEWS
GB News
2 years
'We should cancel these communists immediately and say get out of my private life' Political commentator Eva Vlaardingerbroek reacts to Dutch banking CEO suggesting 'carbon wallets' should be introduced to regulate citizens' carbon footprints.
158
1K
3K
8
46
254
@econoalchemist
burn the bridge
11 months
Day 5 with a MIG welder. I think I'm ready for a bulldozer.
Tweet media one
36
3
250
@econoalchemist
burn the bridge
11 months
WITHOUT Googling, name a famous historic battle
Tweet media one
Tweet media two
@LeighWolf
🐺
11 months
WITHOUT Googling, name a famous historic battle
Tweet media one
Tweet media two
238
992
13K
22
10
245
@econoalchemist
burn the bridge
3 years
Imagine waking up to an executive order that #Bitcoin holdings in excess of $100 are required to be delivered to the Federal Reserve in exchange for a CBDC. Violations subject to $10k fine or 10 years in prison or both. Are you prepared to hold & transact anonymously?
Tweet media one
30
47
234
@econoalchemist
burn the bridge
3 years
Part 5 of a 5-part series: buying non-KYC #bitcoin at an ATM & installing, securing, & using @bisq_network A thread for total Bitcoin beginners who want to start buying non-KYC #bitcoin
Tweet media one
7
54
237
@econoalchemist
burn the bridge
3 years
That escalated quickly. 72k non-KYC sats/day with 80Th. All for a whopping $6.72 in electricity. A 73% discount.
Tweet media one
6
18
231
@econoalchemist
burn the bridge
5 months
F2Pool appears to be censoring txs involving an OFAC sanctioned address. Something to consider when deciding where to point your miners; join forces with the spineless cucks and shit on free speech or sound off like you have a pair and let freedom reign. Your hash, your choice.
@0xB10C
0xB10C
5 months
My miningpool-observer project recently reported six OFAC-sanctioned transactions as missing from blocks. Four of these transactions were likely filtered by F2Pool. This is the first filtering based on OFAC sanctions I've seen. More in:
73
212
599
13
72
241
@econoalchemist
burn the bridge
2 years
1/20 Take your Whirlpool CoinJoins to the next level by running your own @RoninDojoNode , the Tanto. This is part 3 in a series on Whirlpool CoinJoins published with @BitcoinMagazine :
65
60
214
@econoalchemist
burn the bridge
2 years
Hear me out
Tweet media one
30
15
237
@econoalchemist
burn the bridge
2 years
Well, I fucked up. Apparently there was an entirely different document for a whole other set of utility bill line items. ~$0.13/kWh will be the all-in rate. Much rekt. No way out but to go through it at this point. Fucking YOLO ✌
@econoalchemist
burn the bridge
2 years
It took another 7 weeks for the utility company to install the new pole and 75kva transformer. The rate I negotiated was ~$0.05/kWh all-in plus the pole & transformer were free; so I want to say that it pays to double check every detail, even if it takes 29 weeks.
Tweet media one
Tweet media two
Tweet media three
Tweet media four
5
2
55
67
4
228
@econoalchemist
burn the bridge
2 years
This is how you win. One of the cleanest and most elaborate #Bitcoin home mining setups I've seen.
@StateFall
Stateless Money
2 years
Don't beat your utility bill, Eat your utility bill! A quick thread on a home mining project that will profitably heat a home this winter😎. This immersion rig heats water & augments the home furnace🔥 #bitcoinmining #bitcoin #cryptocurrecy @CoinDesk @BitcoinBrains @SGBarbour
Tweet media one
147
399
2K
5
31
222
@econoalchemist
burn the bridge
4 years
I have a friend serving a 120 year + 40 concurrent prison sentence. He recently sent this free-hand, Bic pen work of art to me. Couldn't draw a stick figure when he went in. Visits impossible during scamdemic, moral is low. Wanted him to know a few people out there liked his art.
Tweet media one
11
15
221
@econoalchemist
burn the bridge
3 years
This is an attack on Bitcoin. Neutering censorship resistance in the name of ESG initiatives without objective data. Regulators want to control Bitcoin, the carbon neutral smoke screen is only a means to that end. NgU trends towards regurgitated fiat.
@saylor
Michael Saylor⚡️
3 years
Marathon is acting decisively to expand its US-based mining capacity in a carbon neutral fashion. Publicly traded Bitcoin miners like $MARA are going to drive standards of excellence for other miners around the world & lead the way on ESG initiatives.
469
796
6K
7
30
213
@econoalchemist
burn the bridge
3 years
1/10 I often see people claim that one would be better off spending their money on #bitcoin instead of the electricity needed to mine. I collected some data & put the following info together to help others make that decision. I think most would benefit from mining at home.
9
47
214
@econoalchemist
burn the bridge
2 years
DIY #Bitcoin signing device built with general purpose hardware, open source software, & a 3D printed enclosure. The @SeedSigner is a game changer.
13
26
218
@econoalchemist
burn the bridge
2 years
Two S9s running at full power in an @upstreamdatainc #BlackBox and you can't even hear them on the @TheBitcoinConf expo floor with the lid closed.
14
24
215
@econoalchemist
burn the bridge
2 years
Big day. New pole & transformer going up.
Tweet media one
Tweet media two
19
10
216
@econoalchemist
burn the bridge
2 years
In the town I moved to, one can get a kWh for less than $0.10 and a well whiskey for less than $3.00
15
1
205
@econoalchemist
burn the bridge
2 years
#Bitcoin difficulty is about to hit 31T and the price is at $31k. Good times.
5
14
206
@econoalchemist
burn the bridge
4 years
All you need to know about KYC and #bitcoin is that it's been 11 years and no one has any fucking idea who Satoshi Nakamoto is.
6
12
195
@econoalchemist
burn the bridge
2 years
Am I understanding energy markets correctly here? A #Bitcoin miner with wholesale market access in Amarillo, TX could plug in 1MW worth of miners right now and get paid ~$50/MW for that load? Get paid $1,200 plus mine 0.13 BTC per day?
Tweet media one
15
27
205
@econoalchemist
burn the bridge
3 years
If US infrastructure depends on 1099's for the 2,200 #BTC on Lightning then we have much bigger problems.
5
9
201
@econoalchemist
burn the bridge
3 years
I will continue operating my Lightning node as I always have, without permission. I will not be requesting or providing KYC information.
@BitcoinIsSaving
Bitcoin is Saving
3 years
@gladstein Disastrous, Lightning nodes do so much more than just validate transactions. As written, all of their operators are brokers who should be collecting KYC info and filing 1099s on all channel peers and routed payments.
6
10
97
5
17
195
@econoalchemist
burn the bridge
2 years
1/27 Dive into Whirlpool with a high-stakes example of how a little privacy goes a long way. This @BitcoinMagazine article explores how CoinJoin could have preserved the anonymity of those involved with the Canadian Freedom Convoy #bitcoin donations.
42
50
177
@econoalchemist
burn the bridge
1 year
Removing the "first seen" rule in Bitcoin Core v24.0 with Full-RBF goes against section 2 of the Bitcoin White Paper: "For our purposes, the earliest transaction is the one that counts, so we don't care about later attempts to double-spend" I will be running -mempoolfullrbf=0
48
32
193