We care deeply about Bitcoiners. At Strike, there is nothing more important than helping our customers' secure their bitcoin.
This week we shipped an update to our emails that renders email-based phishing attempts completely obsolete.
Anti-phishing codes are now live on Strike.
@HealthRanger@chrismartenson If you have self custody, you can move BTC independently. And guess what, that's how people did way before exchanges even existed...
@chrismartenson It's been decades and people don't understand the difference between a fully decentralized ledger and centralized stablecoins... No one ever seized Bitcoin straight for the ledger, technically impossible. Bitcoin not crypto once again
URGENT: Germany’s collective punishment of my family continues. They’ve now frozen my pensioner mother’s bank account, claiming I somehow “control” it too. Her savings are inaccessible — yet she has received no official notice from any German authority. No charges no due process
BREAKING: The FBI and DHS have created a new “anti-tech violent extremism” threat category to monitor and surveil activists protesting artificial intelligence (AI) development and data center construction, per Daniel Boguslaw.
The economy is splitting in two.
Yesterday I toured a new gym in town charging $500/month. They offer blood work, recovery, and concierge-style fitness, but most people are really paying for exclusivity.
They haven’t even opened yet and they’re already 25% sold out.
Later that same day, I talked to a family friend who has owned restaurant chains for 25 years.
He told me they are seeing the highest rate of declined credit cards at the register they’ve ever seen.
Higher than 2008.
"You can't access the bitcoin, so you're not a custodian."
That single sentence from @callebtc , the creator of the Cashu ecash protocol, just unlocked the biggest scaling breakthrough Bitcoin has had in years.
The reason ecash scaling has been limited to small community mints is because running a larger one makes you a money transmitter. Calle's solution: non-custodial Cashu mints running inside hardware enclaves. The bitcoin keys are generated inside the enclave and never leave it. The mint operator literally cannot access them. Even with full admin access to the server, they cannot steal the bitcoin.
Remove the custodial barrier and the design space explodes. Public organizations, businesses, community groups can all run mints without taking on custodial liability.
The security model is battle-tested. ACINQ already uses the same approach with AWS Nitro Enclaves to protect their massive Lightning node holding hundreds of millions in BTC.
The historical lineage is what gets me. In 2004, Hal Finney built RPOW (Reusable Proofs of Work) using IBM's secure cryptographic coprocessor. The server was "more trustworthy than an ordinary bank" because the hardware itself guaranteed the software hadn't been tampered with. Finney's system wasn't tied to an existing currency. Calle's is.
Cashu ecash backed by Bitcoin, running in a modern enclave, is RPOW's spiritual successor. Except this time it's built on the hardest money in human history.
The honest caveats: this doesn't reduce risk to zero. The biggest practical risk is denial of service. The operator could turn the mint off. But since they can't steal the bitcoin, there's no financial incentive to do so.
We're getting closer to having everything we want: privacy, ease of use, and reduced custodial risk, all on Bitcoin rails.
Hal Finney's vision, finally realized.
Never would I have believed five years ago that I would be attacked, smeared and harassed by Adam Back, Shinobi, MrHodl and others for publishing a fully sourced investigation article about Bitcoin Core governance.
It doesn't quite feel compatible with the whole "don't trust, verify" and decentralization mantras.
It really is an unbelievable state of affairs. Appeals to authority, shaming, ad hominems, smears.... Zero engagement with the imo shocking revelations of the articles.