greg

[Craig Raw 🐦 @craigraw]

My attempt to protect users from scam apps on the @AppStore has gotten my Apple Developer account flagged for termination - ironically, for "dishonest activity".

Unless it's reversed by June 30, all new installs of Sparrow Wallet will fail, and development on macOS will end.

The context: since 2023, more than a dozen fake "Sparrow" apps have appeared on the App Store, as recently as April this year. Users have contacted me after losing their savings, in some cases their life savings, to these impersonators.

I'm the developer of the real Sparrow Wallet, a desktop app, and I hold the registered US trademarks for the name and logo. I have publicly warned @Apple and the community about these fake apps from early 2024, but they keep appearing.

The app @Apple flagged was a placeholder that was never published. Its only purpose was to warn users that Sparrow is desktop-only and that other "Sparrow" apps aren't mine. This approach may have been misguided, but there was nothing dishonest about it.

I'm confident this is an automated misclassification that Apple would reverse on review - but I may be terminated before a human ever looks at my appeal. The cost would fall on @Apple's own users: blocked installs and no updates for a tool people rely on, which opens the door for more fakes.

If you value Sparrow, a repost would help. @AppleSupport

[Sparrow Wallet 🐦 @SparrowWallet]

Unless @Apple's decision to terminate @craigraw's Apple Developer account is reversed by June 30, all new installs of Sparrow will fail, and development on macOS will end. If you value Sparrow, a repost would help. @AppleSupport

[Plan C @TheRealPlanC]

https://t.co/fQNTzBr1bK

[Matt Walsh @MattWalshBlog]

I've said before that ship captains during the age of discovery were some of the most impressive human beings to ever live. We have trouble appreciating just how unimaginably great these men were. They had to play the role of navigator, cartographer, astronomer, logistics manager, military commander, judge, police captain, diplomat, CEO, recruiter, accountant and governor, all at the same time, and all under extreme duress, out in the middle of the ocean, cut off from the rest of the world where the penalty for one wrong decision was the death of everyone on board. These are some of the most brilliant and gifted human beings the world has ever known. Nobody on Earth today can come close to matching them. They had a level of both skill and physical courage that just doesn't exist on the planet today.

[greg @YieldYak11]

@JoshMandell6 The question of "how many BTC would I need to set aside to cover the expenses of raising a child?" is half of the equation IMO.

The other half is how do you best unlock the value from the BTC to pay for said expenses of raising a child? Sell BTC, Loan against BTC, etc.

[greg @YieldYak11]

@bensig @Ledger @SparrowWallet very simple with a coldcard.

[greg @YieldYak11]

Proof of Work is hard. That’s the point.

If it were easy, it’d be called “Proof of Vibes”—and your “money” would be as durable as a screenshot. ⛏️😌

[greg @YieldYak11]

even the beach isn’t safe. 🌊

Sand dollars now going for $1.25 (up 25¢) — seashells officially enter the “too expensive to be cute” phase. 🐚💸

[greg @YieldYak11]

@COLDCARDwallet B/c I miss bbm ;)

[COLDCARD @COLDCARDwallet]

If your hardware only works with one app, that’s not self-custody.

COLDCARD lets you build the setup that fits you.

We’re giving away a COLDCARD Q to help someone upgrade their #Bitcoin security.

To enter:
- Like
- Repost
- Comment why you want to win a COLDCARD Q

[greg @YieldYak11]

@bensig CALC :

Can you run it with the same 8 BTC stack but can you simulate a delayed exit from work. I.E start the reliance on BTC loans in 10 years vs today.

[Adam Back @adam3us]

@Shep_Finance @theragetech @LukeDashjr no censoring the timechain.
and no spamming the timechain!

[Luke Dashjr @LukeDashjr]

Some people seem to want to argue that there is already CSAM in Bitcoin's blockchain. This is false. Bitcoin today does not support images at all - only arbitrary data up to 80 bytes (or 95 in the coinbase).

Exploits like "Inscriptions" work by _misinterpreting_ script code, and _bypassing_ existing policy rules. They are not actually storing images, but merely putting gibberish code on the chain, which they later themselves (not Bitcoin) _misinterpret_ as images.

This distinction is very real and relevant. If you don't differentiate between "data that can be misinterpreted to produce CSAM" and "data that correctly interpreted displays CSAM", then literally _all data_ is CSAM, with _no exceptions at all_. This tweet would be CSAM. Google's logo would be CSAM. Your phone's operating system would be CSAM. Literally anything _can_ be misinterpreted as CSAM.

[greg @YieldYak11]

Every Bitcoin reflects the future cost of energy to create it. A price drop isn’t weakness—it’s a rare chance to purchase tomorrow’s production cost at today’s discount.

[Robert ₿reedlove @Breedlove22]

George Washington on why every nation aspiring to greatness needs #Bitcoin

“We may one day become a great commercial and flourishing nation. But if, in the pursuit of the means, we should unfortunately stumble again on unfunded paper money or any similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy.

Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.”

[BTG @BowTied_Golfer]

@wojcap Tipping implies the club doesn’t pay the staff enough. Grow up

[Stack Hodler @stackhodler]

Bitcoin wealth levels and primary focus:

Stage 1: You have less than $1 million worth of BTC
Primary focus: Capital Accumulation

Get to $1 million worth of BTC as quickly as you can.

Today that's 8.69 BTC.
Soon it will be 6.15 BTC.
Then 1 BTC.

Stay laser-focused on your business until you bank your first 7 figures.

Do not waste your finite time and attention thinking about trading in and out of assets at this level.

You should be stack-only.

Focus on being useful to others like the robots are coming for your job.

Because they are.

Don't think the path you're on will get you where you need to go?

Then change your path.

Channel your efforts into opportunities with uncapped upside and use various forms of leverage (personal brand, AI tools, code, relationships) for non-linear growth.

Just remember: Working harder isn't the answer. You can accelerate your capital accumulation if you work smart.

Just make sure your upside isn't capped.

One unit of input should lead to multiple units of output.

And your work should ideally compound like your assets.

Where to start?

Helping other people make more money in their business is a good rule of thumb.

E.g. AI is a new tool that few people know how to use effectively.

So help them leverage AI in their business.

There's a million niches within that one obvious idea.

You can figure it out and make anything happen.

If you want to.

Stage 2: You have between $1-$5 million worth of BTC.
Primary focus: Capital Allocation & Preservation

At this point you should increasingly focus on your own investor psychology, mindset, and risk management.

You have some momentum at this stage.

Keep it rolling.

Keep stacking Bitcoin and milking your personal cashflow.

But realize that you're closing in on escape velocity.

And your main job is to not screw it up.

BTC's 40-50% CAGR means you're looking at adding $400-$500K to your net worth on autopilot.

When taking taxes into consideration, that's like earning close to $1 million per year in income and saving all your after tax income.

Something that very few people ever manage to do.

This is the point where your BTC starts to make money faster than you likely can through your own effort.

Which means you should shift a portion of your time into mastering your investing psychology.

You need to be mentally prepared for likely market scenarios.

You need to have a plan.

You need to know yourself, and know how you'll react when volatility strikes.

Do you need a cash pile that helps you sleep at night?

How long of a runway do you need to not panic sell the next dip?

These are questions you must address.

You're on your way to generational wealth.

And you cannot afford to screw up at this stage.

Stage 3: >$5 million in BTC. Escape velocity.

Focus on Time Allocation.

Many people in the fiat world don't see $5 million as "enough" to retire.

But that's because inflation is usually outpacing the returns of their "safe" investment portfolio.

But if you have $5 million in BTC, you're adding ~$2 million to your net worth each year, and it's compounding (as long as you have a long time horizon).

You can spend $20K-$25K a month and still watch your wealth accelerate.

At this point, you should take a minute to recognize that the future is uncertain.

AI and robotics will soon change everything as we know it.

And you will never have as much time as you do now.

At this point, you need to be deliberate with how you allocate your time.

Imagine you only had 5 years left to live; would you be spending your days as you are now?

What would you change?

You've essentially solved the money problem.

Now your focus should be on how to live well in a way that doesn't require extreme extravagance.

That way when you get to $100 million net worth in the next decade you know how to enjoy your good fortune without relying on ever more money to do so.

Find activities that you enjoy and that you can compound over the long-term.

Do things that make you feel alive and don't lead to a "hangover" later.

Prioritize your health and family.

Congratulations, you've won the money game.

And your reward is that now you get to pick a new game to play.

Choose your next adventure wisely.

[greg @YieldYak11]

I wonder how much demand there is for Sberbank Bitcoin-linked structured bonds product.

Any good way to judge the demand for the product offering?

[Bitcoin for Freedom @BTC_for_Freedom]

You learn who your true friends are when you enthusiastically tell them about Bitcoin; if they show no interest, they likely don't trust you on other matters either.

[greg @YieldYak11]

The acquisition of BTC miners by traditional datacenter and cloud providers isn’t a fluke—it’s a logical convergence. CoreWeave was just the opening move. Compute is king, and miners built the castle.