Join me today for Episode 939 of Bitcoin And . . .
Topics for today:
- El Salvador to School 80,000 Employees in BTC
- Binance in Trouble Again
- All March Payroll Numbers Revised DOWN
- GitWorkshop Dot Dev and Bitcoin Core Releases on nostr is LIT
- Do Not Sleep on Bitaxe
#Bitcoin #BitcoinAnd
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Articles:
https://bitcoinmagazine.com/business/bitcoin-lightning-startup-tmrw-raises-1-3-million-funding
https://cointelegraph.com/news/el-salvador-bitcoin-certifications-government-employees
https://www.coindesk.com/business/2024/08/21/bitcoin-miner-bitfarms-to-buy-rival-stronghold-digital-for-175m-in-stock-debt/
https://decrypt.co/245674/binance-fresh-class-action-lawsuit-money-laundering-allegations
https://primal.net/e/note1yv8ayyghwfxkt9lyjx49zy3adantarar2q0758ktz6rvcapes7jsc07j83
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https://primal.net/e/note17qa876qxchnhwu72zhjvx2fhks6q5gpevqdwvj9gft8mr9fakemst8jp8e
https://www.nobsbitcoin.com/bitaxegamma-5th-major-revision-with-bm1370-asic-from-antminer-s21-pro/
https://www.nobsbitcoin.com/stratum-benchmarking-tool-v0-1-0-released/
https://www.nobsbitcoin.com/seedsigner-v0-8-0/
https://www.nobsbitcoin.com/opensats-announces-lts-vitor-pamplona/
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[00:00:00]
David Bennett:
Good morning. This is David Bennett, and this is Bitcoin and, a podcast where I try to find the edge effect between the worlds of Bitcoin, gaming, permaculture, podcasting, and education to gain a better understanding of all. Edge effect is a concept from ecology describing a greater diversity of life where the edges of 2 systems overlap. While species from either system can be found at the edge, it is important to note there are species in the overlap that exist in neither system, and that is what I seek to uncover. So join me in discovering the variety of things being created as Bitcoin rubs up against other systems. It is 9:20 am Pacific Daylight Time. It's the 21st day of August, 2024. And this is episode 939 of Bitcoin and it's a palindrome episode. Yes, it is. And it should have been an interview that I did with Tomic from the Get Albie crew yesterday. And it was a was a great interview.
It was great. I was I mean, it was we had a great time on this interview. We talked about all kinds of stuff. Not just Albie. We talked about all manner of of other things and it's dead. It died on the vine. And the reason it did is because I was using, like a dumbass, I was using beta software without any kind of backup whatsoever. So this is something that nobody should do. Alright? I was using I was using HiveTalk, but you gotta understand that HiveTalk is beta. I should have understood that. And there's no recovery of this. Hell, I even went into inspect after I talked to Bitcarrot, about the possibility that maybe the data is still there held locally inside the the the web page because I'd never shut down the room after I figured out that I was probably hosed. And sure enough, bit Carrot comes back and she says, look, it's saved as a blob. So she gives me, like, you know, like, oh, a website that I went to go to to kind of look at, you know, how blobs function and where they may be and how to go find them. And so I used the inspect tool and I scoured the HiveTalk URL for that particular room, the Bitcoin and room that I had set up for that interview.
And I just couldn't find the blob. It's just gone. So it was like about an hour and 20 minutes. I'm going to try to do my level best to reschedule that thing with Tomic because there's some information about Git Alby that I think everybody really needs to know. Nobody's asking some of these questions about all manner of things like why did the custodial wallet go away? And what's the attitude towards doing business with United States citizens? And you know, we we really did get into it. We really did, do we we did the thing where we're you know, he's answering the questions that I'm asking that that I think are important questions to ask after so many things happened over this last year that has really kind of driven innovation away from the united not only away from the united states but away from united states citizenry hell it's like and I've said it before in the podcast it's like nobody wants to do business with a united states citizen and I to tell you the truth after the way that our justice department acts and the rest of the regulatory community in the united states act I kind of can't blame them.
Be that as it may, I'm going to do everything that I can to get Tomic back on the show and this time I'm just going to have OBS recording everything in the background as a backup because I know that OBS works. It always works it's never failed me before I'm just going like and I'm just going to do that every single time when I do interviews is to have OBS just recording shit in the background so that this kind of crap doesn't happen again anyway Alright. News. Bitcoin Magazine, Vivexin. Bitcoin lightning startup, TMRW, has raised $1,300,000 in funding. And I assume that TMRW is short for tomorrow. Miami based Bitcoin startup TMRW has raised $1,300,000 in pre seed funding to develop its social payments app, which is powered by the Bitcoin Lightning Network.
Maple VC led the funding round, and Bitcoin Angel investors like Brad Mills joined that round. TMRW aims to leverage the Lightning Network's speed and low cost to enable cross border peer to peer payments via Lightspark and Zerohash. The app uses universal money addresses an open payment standard built on Lightning to send fiat and bitcoin instantly across borders this allows TMRW to facilitate fast affordable remittances to regions like the Caribbean where traditional providers charge extraordinarily high fees Remittances are a major use case for Bitcoin and Lightning as they offer significant cost savings compared to legacy finance.
Co founder Alexandra Lutchman said the app shows how Bitcoin can unlock borderless payments for family and friends worldwide. The startup wants to illustrate Bitcoin's everyday utility and make payments social. The app includes features like adding messages, emojis, and images to payments. Adding an image to a payment. So like when I send like a a picture of a pile of dog poop when I send rent I don't know whatever TMRW also helps onboard new users by allowing them to earn Bitcoin rewards and see how their contacts use Bitcoin TMRW is running pilots in the Caribbean and has opened its iOS beta to US users. I wonder how long that shit's gonna last. The funding will help extend into the American market and make Bitcoin and fiat transfers available globally.
Bitcoin Lightning has seen growing adoption for remittances and cross border transfers as it offers significant cost savings compared to traditional providers. So yet another another company entering into the fray for cross border remittances. And I would imagine that you're gonna see a lot more. So just saying. Let's move on to El Salvador. Let's run down south where El Salvador is launching Bitcoin certifications for its civil servants, Arjeet Sarkar, Cointelegraph. The National Bitcoin Office of El Salvador will train and provide bitcoin instruction and certifications to 80 1,000 government employees.
That's a big class. The Bitcoin friendly Central American nation has launched a training program for public servants to impart knowledge about the strategic management and public policies around Bitcoin. The 100 holy shit 160 hour long virtual and asynchronous training session titled Certification and Public Administration 1 is divided into 7 modules, each detailing several concepts, laws, skills, and management related to the use of Bitcoin as legal tender. Stacy Herbert, director of On BTC, expects the training of civil servants will have a compounding effect on El Salvador's Bitcoin driven economy. Quote, these education products projects, sorry, projects are very low time preference commitments to the long term success of El Salvador and its Bitcoin as well as its tech policy, end quote.
The Bitcoin certification drive is conducted by the Higher School of Innovation in Public Administration, which president Nayib Bukele inaugurated August of 2021. According to ONBTC also known as the Bitcoin office the curriculum is designed specifically quote to strengthen the standard of excellence in governance and public administration in El Salvador. So 80,000 80,000 civil servants in El Salvador are going to take a 7 module 160 hour long Bitcoin course. I honestly think that they probably should have taken smaller bytes. Sure, it's 7 modules, but I mean just the title alone Certification in Public Administration 1 that suggests that there will be Certification in Public Administration 2 and possibly 3. Okay? But dude, 7 modules of concepts, laws, skills and management related to the use of Bitcoin as legal tender over a 160 this is a for long enough to know that this is this is a little this is a little bit large of an elephant to break down and eat. Okay?
My wife teaches at the at a university. I mean, I know what it looks like when she develops a course. Right? And I know what her students say about how much work those courses are. That's and that honestly dudes a 160 hours that's a lot. That's gonna be a lot of stuff. So I've I'm even though that El Salvador isn't gonna listen to me, I kind of advise that they break that thing into 2 parts and make these 7 modules part of certification public administration. 1 and 2 and half that 160 hour virtual and asynchronous training sessions in, cut them into 2 different parts. I'm just I I just think that that's a little too much for a whole for 80,000 civil servants to have to swallow.
I know maybe I'm being a little nice but, you know to the civil servants but honestly my gut feeling is that that's not going to go the way that Naiib Bukele wants it to go but we'll have to see. On to Bitfarms. It looks like Bitfarms who has not only been courted not once but twice by Riot Farms but is now pretty much clearly embroiled in what's going to end up being a hostile takeover by Riot of Bit Farms. Well, in the meantime Bitfarms seems to have time to buy rival Stronghold Digital for $175,000,000 in stock and debt. CoinDesk Sheldon Reback is writing this one. Bit coin miner Bitfarms said that it has agreed to buy rival Stronghold Digital for $175,000,000 in stock and assume debt.
The offer comprises $125,000,000 in stock based on 2.52 Bitfarms shares for each one of Stronghold's a premium of 71% to Stronghold's 90 day volume weighted average price on NASDAQ as of August 16th Bitfarms said in a statement. It equates to $6.02 per share versus SDIG or Stronghold Digital's closed last night of $2.93 Wow. Shares are currently higher by 64% pre market to $4.80 And BITF is lower by 7% to $2.19 Bitcoin miners have been coming to terms with April's 50% cut in the reward that they receive for adding blocks to the blockchain. And the reduction has put pressure on the entire industry, which leads me to a question that I'm not, reading from the the the new story at this point. It leads me to a question.
How many times have miners been through this having before and you still have yet to develop a proper strategy for having honestly how long is it going to take or my question is also this do they really give that much of a shit about mining are they just in it to smoke as much money as they possibly can and then punch out later on because they just don't care about the longevity because that's what it looks like to me it looks like there are several not all but it looks like there are many miners in the space that don't actually care about the mining they don't actually care about bitcoin they really only care about sucking as much money down as they possibly can as fast as they possibly can and not spend the time not get the expertise that's necessary to develop a proper strategy for having events.
I'm just saying quote after 3 years of ongoing discussions quote I am proud to announce this transformative acquisition which is a decisive step in securing a strong future for Bitfarms CEO Ben Gangadon said in a stat statement by vertically integrating with power generation expanding our energy trading capabilities and securing 2 high potential sites for hpc slash AI or high performance computing and artificial intelligence with significant multi year expansion potential we're executing our strategy to diversify beyond Bitcoin mining to create greater long term shareholder value end quote Bitfarms is itself fending off an approach by Riot Platforms which in June abandoned an attempt to buy the company in favor of just simply overhauling the board and building its stake in the Toronto based company before engaging in further takeover attempts.
It now owns almost 19% of Bitfarms. Stronghold in May said that it was exploring strategic alternatives that could include the sale of the company. Well, looks like that shit's gonna happen. Now, here's here's the thing. As much as as I sound like I might not like the fact that Riot is going after Bitfarms, I honestly kinda don't care. Okay? It's just that the only thing that I care about it is the fact that we're bringing our legacy attitudes into this space and it's it's like bringing poison into a food factory. At one point or another there's going to be spillage and someone's going to get hurt.
Be that as it may I kind of I'm kind of thinking that this is this is what's going on is that Riot has successfully changed the board of Bitfarms enough so that Riot through proxy of Bitfarms is going to be able to start buying up a whole bunch of assets so that by the time Bitfarms or Riot actually acquires and they will acquire Riot or bitfarms that they will not only be acquiring bitfarms but through their proxy takeovers will be scooping up maybe 2 or 3 other mining firms all at once and if you think about that strategy see that's the strategy that they seem to be working on they don't seem to give a shit about the fact that wow we just totally didn't expect what to happen after the halving oh bullshit you knew exactly what was coming down the pipe with the halving And the fact that you that all these people continuously get themselves into trouble, it's no wonder that Riot started getting or hammering on Bitfarms and has changed their board significantly to the point that they're able to direct bitfarms to use their money and their capital and all of their stuff all their leverage to buy other companies so that when Riot buys bitfarms they will buy way more than just bitfarms it's a kind of a beautiful strategy I kind of dig it in fact but it is legacy strategy I'm just saying it's like it's like you know carton you know cyanide into tyson chicken farms chances are good at one point or another someone's going to get hurt like Binance which has been hit with yet a brand new spanking brand new fresh class action lawsuit over money laundering allegations Sebastian Sinclair decrypt A new class action lawsuit has been filed against Binance in the United States Western District Court of Washington this time, not not Southern District of New York. No. No. No. This is in my neck of the woods right now, the Western District Court of Washington state accusing the company and its founder, Changpeng Zhao, of enabling widespread money laundering in violation of United States financial regulations. The lawsuit brought by former exchange users Philip Martin, Natalie Tang, and Yatin Khanna and filed Friday alleges that Binance's negligent compliance practices allowed bad actors to use the platform to launder stolen crypto causing significant financial harm to US users a rep for Binance didn't immediately answer questions Okay. Well, the complaint details how Binance, under Zhou's leadership, allegedly operated as an unlicensed money lawn or money transmitting business and willfully ignored anti money laundering requirements and facilitating transactions that help criminals obscure the origins of illicit funds.
According to the plaintiffs, Binance's rapid ascent to becoming the world's largest crypto exchange was fueled by its deliberate evasion of US regulations, which would have otherwise curbed its access to the lucrative American market The lawsuit also alleges that Zao who founded Binance in 2017 prioritized profits over legal compliance creating an environment where US users were encouraged to bypass the platform's minimal compliance checks The plaintiffs claimed that Binance's failure to implement robust AML and Know Your Customer protocols turn the exchange into a hub for laundering crypto often stolen through hacks and other illicit activities the fresh class action lawsuit comes on the heels of a series of legal actions against ZOW and Binance In November of 2023, Zhou and Binance reached a plea agreement with the US Department of Justice where Zhou admitted to failing to maintain an effective AML program. And as part of the settlement, Binance agreed to pay over $4,000,000,000 in penalties and Zhou had to step down as CEO.
Additionally, Zhou himself was fined $50,000,000 for his role in the company's violations, which included facilitating transactions with users in sanctioned jurisdictions such as Iran and North Korea. Ach, the humanity. Oh my sorry. Drinking a little bit of coffee here. So the the Binance problems just continue on and on and on. But, you know, it really wasn't said just these people that are bringing this lawsuit, this Philip Martin and Natalie Tang and Yat and Kana, that their negligent compliance practices allowed bad actors to use the platform to launch stolen crypto causing significant financial harm to U. S. Users how how If I'm just if I'm a degen trader and I'm trying to day trade Doge against ether or something like that how is it that somebody laundering money on the same platform causes me significant harm?
Unless unless these people were unable to get their money back out of the platform because the United States regulators closed it down or or caused it not to be able to you know be part of I don't know somehow or another affected these people's ability to get their money back off the platform then I'm not sure how somebody you know laundering money is going to cause them not to be able to do their degen trading. It doesn't make a lot of sense to me if somebody has more inside information on exactly how money laundering on Binance caused significant financial harm to U. S. Users, please, please let me know in a boostagram.
I think we're being lied to, by the way. I do. I think we're being lied to. I think we were lied to back in March. And you ask, well, who lied to us? The United States Bureau of Labor Statistics. I have a screenshot here that I took off at TradingView earlier this morning. And, this is all out of Mace news. But if you've used TradingView, you have the option of getting, like, news stories in your feed on the, like, the right you know, wherever it is you put your pain. Mine's on my lower right hand side. And I can scroll through, you know, through news. And I was looking at the, Dow Jones Industrial, chart. So the news that would come across is context specific in trading views. So it's all about the United States markets. And I noticed that there was a lot of similar headlines that read thusly.
United States Bureau of Labor Statistics March 2024 manufacturing payroll level revised down 115,000 on unadjusted bias absolute revision of 0.9 percent. Alright. So they told us back in March well, March April maybe April that March manufacturing payroll level was a 115,000 more than it actually was because they've revised it down to a 100 by 115,000 so whatever the number was that we got for the March numbers of manufacturing payroll you know people that get a paycheck in the manufacturing sector. Yeah, it was $115,000 more than it should have been. Well, this doesn't this shouldn't surprise you.
And it doesn't surprise me. But I got 5 stories in a row that are all the same. USBLS March leisure and hospitality payroll level revised down $150,000 USBLS March 2024 professional and business services payroll level revised down 358,000 that's a -1.6 percent adjustment USBLS March 20 24 private payroll level revised down 100 no, 819,000 or point minus 0.0 no no no no. Minus 0.6 percent. And finally, the USBLS preliminary March 20 24 non farm payroll level was also revised down 818,000 or 0.5 percent to the negative so there's 55 all March every single every single sector was revised down every single sector in their payroll was revised down this is all jobs they fucking lied to us and you're going you're so naive of course they lied to us I know but at one point or another if somebody's tapping on your head you know you had that friend in high school and he would just like you know he sits sits in back of you and he would just tap the back of your head and it would just annoy you And then you got to the point where you just didn't move your head because maybe if you didn't react, you just he'd just stop and but then you end up with that friend that's a, like, a freaking autist and he just doesn't give a shit. And he just will tap the back of your head for like hours and hours and hours if you let him and finally you turn around and you say stop and that's where I'm at right now that's where I'm at this is it's like this every single time like none of the numbers that were ever told are actually true, and it's not out of incompetence.
It's out of them flat ass lying to your ass. Let's see what else they're lying about and run the numbers. CNBC Futures and Commodities Oil. Wow. Taking it on the chin again. 1.13% to the downside. $72.34 for West Texas Intermediate. Brent is down almost a full point to $76.50. Natural gas down 2 a third following trend with oil, which is usually not the way it goes, but it's $2.14 per 1,000. Gasoline is down 2.68%, $2.19 a gallon. Okay. So why? Well, it's it appears that there is a cease the well, the issue with China is that their market is contracting. Their Well, the issue with China is that their market is contracting. Their manufacturing is contracting, and they're not buying as much oil as they usually buy. Gold is down a quarter of a point, but still at $2545.
Silver is down scant. Platinum is up 1.6. Copper is up 0.75. And palladium swinging for the fences with 2.73% to the upside. Ag, biggest winner today looks like it's gonna be cocoa. 1.15 percent to the upside. Biggest loser today is rough rice. No. It's wheat. 2.3% to the downside probably because the wheat crop is coming in. I can tell because I I live in the Palouse, and it's one of the largest wheat producing places in in in the world. And it looks to me like they had a massive, massive crop. Anyway, live cattle down 2 thirds of a point. Lean hogs up a a full point. Feeder cattle down a half. The Dow is up but scant. I mean, 0.03%.
S and p is up a 5th of a point. Nasdaq is up a 5th of a point. And the S and P mini is up 0.72%. Clark Moody dashboard flashing a price of 59,840. That is a $1,180,000,000,000 market cap, and we can only get 23.9 ounces of shiny metal rocks with our 1 Bitcoin of which there are. 19,742,858.62 of and fees are still low. Average fees per block clocking in 0.06 BTC on average on a per block basis and how many blocks but there are 130 and they're carrying 265,000 unconfirmed transactions waiting to clear at high priority rates of 4 satoshis per vByte Low priority is 4 satoshis per vbyte.
Mining. Let's see what the hash rate's doing. 576 exahashes per second, so mining industry as a whole is still doing as we haven't lost as much as I kind of thought anyway so now from silent but deadly which was episode 938 of Bitcoin and the bird with 5,000 sats and the bird says nothing the bird the bird oh my god okay Jor with a1000 says thanks for your work I've been enjoying the shows and appreciate the way that you think you're lucky that I have more than 3 brain cells that I can rub together right now but that may not last I'm just saying wartime with a1000 I think he's got steak knife up here as an emoji I appreciate that oh oh oh oh and I boosted myself a 100 satoshis as a test directly in the fountain app on my phone and I use the iPhone and I said does this message from boosting this episode go directly to Noster and so what I what I did is I shared the episode directly to fountain and then when I put in the or when I put in the message part and did the boost or no wait I didn't share it I'm sorry I didn't do that I boosted the episode and it went directly to nostr and so Noster got the following message does this message from boosting this episode go directly to Noster and then the episode the episode URL of this particular episode this silent but deadly episode came along for the ride and it directly went to Noster so if you're if you're asking yourself how do you use Fountain to get messages to Noster The only way that it looks like you can do it is you actually have to boost an episode and say something.
Otherwise it won't go. And I don't like like up here where the bird the bird the it's like at the bird the and then like an underline says nothing I don't know I'd have to go back and look at at the bird's feed and see if this 5,000 sat boost is actually in there but says nothing because he didn't actually write anything Anyway, all this to say that the Fountain integration with Nostr looks like it's getting better and better and better. Let's see. Is there anybody else? Yes, there is. Cbrooklyn with 500 says we have a site no. I'm not reading this cbrooklyn. I'm not going to name the name of the shit coin that everybody seems to be fascinated with on nostril all of a sudden I'm not going to do it I'm not I'm sorry I'm sure you're a fascinating person and a good guy and all of that, but I'm not saying the name. I'm going back to the bird. The the bird.
500 sat says nothing again. C broken, 500 sat says in the fed. Now that shit I will read. Pies to Pleb with 420 says thank you, sir. No. Thank you. God's death with 237. Thank you, sir. No. Thank you. And the broken ruler says great rip. None you bidness. I also have a beta version of Fountain Noster, and I tried to share this directly from Fountain, but I had to copy paste and do it in Amethyst. Do you know if there's a way to do it completely on Nostr? Well, I know how to do it on Fountain. And that's the way that I was able to do it. Otherwise, you just have to paste the the episode URL into Nostr if you wanna send it that way. But fountain will pick pick that up because I was talking to Oscar Mayer and he said that any time that anybody paste a URL from a show on fountain that fountain is actively looking for that on nostr for its own URLs.
So it's basically saying it's basically like fountain is somehow or another scraping all of nostr relays for, fountain. Fm/episode and then whatever and then there's an episode URL or there's a the rest of the URL after that but it's just gobbledygook so but every time it sees that on nostr it will put it into the feed the fountain feed of the episode that has the same URL that you put out on Noster. If that doesn't make any sense, I understand. We're all trying to figure this stuff out. Pies to Pleb, also put the URL of this particular show into a boost. But there's no actual boost. So what's happening here is that the broken ruler pies the pleb, and I can't pronounce this guy's handle because it's just a bunch of symbols, all 3 of those people put this episode URL directly into Nostr, but I'm reading it from fountain.
See how that works? That's the way this fountain integration is going so far. And then zplbzx says listen to some of fountain. Fmforward/radiotoday pleasantly surprised. Do you know where these artists are from? Is that sourced from Wavelake? Great episode. And I don't know how he got this in here because the only URL that he's putting in here is the fountain. Fmradio. So there may be some other way to do this to put a note in directly into fountain without a boost. I haven't found it yet. If you guys know how to do that, please let me know. I want to dust off my geyser page.
Geyser.fundgeyser.fund forward slash project forward slash the bitcoin and podcast all one word if you want to support this show in a different way not through boost but you want to go to geyser dot fund and support this show there then go to geyser.fundgeyser.fundprojectthebitcoinandpodcast and you'll be able to send me satoshis over at geyser.fund which is now fully integrated with nostr itself so you can use your nostr credentials to sign in to geyser but I think I I really hadn't been using it So now what I'm doing is that not through my normal outlets of getting the show out after I finish it. I am now adding geyser entries into my geyser project page.
And that is the bitcoin and podcast all one word over there on geyser so there there'll be like the full episode all the show notes yada yada yada that's all gonna be in the form of geyser. So if you want to help support geyser. Fund as well as support the bitcoin and podcast then go to geyser. Fundforward/projectforward/thebitcoinandpodcast. That's the weather report. Welcome to part 2 of the news you can use. Dan Conway Dev on nostr. Dan Conway dev, d e v, has this note. And it's gonna link into a couple of things here. So this is one of the first things that I saw this morning. It says, hashtag gitgitvia nostr. Just got 10 times easier with a git or a git plugin included in ngit 1.4.
Clone with the nostr URL any branch prefixed with prforward/ is an open proposal on nostr. Submit it to as a, proposal via Nostr by pushing a branch with a prforward/ prefix. See git workshop dot dev for a quick start guide. I love the feedback. Okay. So maybe that didn't mean anything to you. But remember when Jack, of Twitter fame was say and he still has an open he still as far as I know he still has an open bounty. And I think it's 1 Bitcoin for developing GitHub like the version control kind of stuff that you know like if I'm you know working with a team of people and we're all working on a piece of software most of us will use GitHub as a version control system and it does a whole lot a whole lot of other stuff but that's where we go and get all manner of programs and that's where we get our Bitcoin Core from and if we're not getting it directly from them the people like the people that build my server or my, my node, is server 1 or no. I'm sorry. Start 9, and I have a server 1. They're going to GitHub to pull this thing down. Alright. So that's what GitHub is, right? That's a repository for all this software and that's where all the developers of that software continuously work on it and refine it and that's where you get the term pull request from. Well it appears that we are one step closer to having GitHub actually on Nostr. Now, it's not there yet. Okay? It's just it's just not. But this is a step in the right direction.
So git via Nostr that's the hashtag just got 10 times easier with a git plugin included in ngit 1.4 so one of the first things that I saw that I think was done with this was I noticed a Fiat Joff, has a note on Noster that says Bitcoin Core releases are being published by Leanne W. J. As torrents advertised on Noster. And I'm like what the hell is that? So I click I go to the event the in event that fiatjoff it's a nostr event that fiatjoff put up and I end up looking at dtan.xyz. What is dtan.xyz? Think of torrents. Remember the old torrent page? You know, where you would go download movies and music and all that kind of stuff? Dtanxyz is a noster based torrent and I've told you about this before.
And you can also go there to get music and you can get full length h265 or 264 movies. You know like high definition movies you can get standard definition movies you can get all the movies you can get all the TV shows well maybe not all of them but there is a huge library of media that's being stacked up on this dtan dtan.xyz. But now I'm looking at, I took a screenshot and we blow it up here. I'm looking at l a a n w j. Lianwj on dtan.xyz and it's her it's her nostr credentials it looks like that's logging her in because dtan is nostr based and sure enough it's Bitcoin Core 27.1 in almost every flavor you can imagine that you can download as a torrent.
Now remember that this all kind of went through noster and it's kind of fuzzy in my head how how this was it git let's see what was it? Git workshop git remote nostr ngit this whole ecosystem that's called gitworkshop.dev. That's gitworkshop.dev. It's still a little fuzzy about how it all works. But I'm looking at the distributions of Bitcoin Core 27.1 in Arm Linux, Arm64 Apple, Code Designers, PowerPC, RISC V64, x86, x86 for Linux. I'm looking at I mean it's just a huge amount that's just touching the surface of all these different distributions of Bitcoin Core 27.1 but it's accessible via Nostr and your Nostr credentials instead of going to BitcoinCore/bitcoincore over on GitHub.
It doesn't mean that it's better. It doesn't mean that Bitcoin Core or the GitHub version is better than than this. It's a different way of doing it and by God we need as many different ways of doing the same shit as we possibly can because they are coming after us. Now I'm gonna give you just a brief the brief description, the how it works description on workshop. Dev. Git is a decentralized version control system yet most FreedomTech projects use centralized walled gardens on top of Git as a social and collaboration layer for code changes.
Gitworkshoppe. Dev and git remote nostr and ngit are tools to enable code collaboration over nostr protocol. Gitworkshop. Dev provides a visual interface to discuss proposals and open issues. Git remote nostr enables proposal creation review and incorporation using standard Git tools and ngit handles repository setup and advanced proposal submission. And then there's a details button, but I don't want to get into it because we've got other stuff to do. What I'm saying here is that we are getting very very close to just being able to move all of your GitHub stuff which is now owned by Microsoft so definitely a walled garden and I've seen issues where developers are getting their GitHubs closed down and I don't want to conjecture as to the reasoning why but it's the fact that it can happen means that you need to get off of GitHub and it so happens that if you go to gitworkshop.dev that's gitworkshop.dev if you're interested in looking to, you know, maybe migrate to someplace else this might be the place for you.
Okay. Bitaxe gamma, the 5th major revision with BM 13 70 ASIC chips from Antminer S21 Pro seems to be alive. Okay. Bitax Gamma is wait. Well, no. Let's not do that one. Let's do I'm gonna because that's just a rehashing. The Bitax Gamma is a go. The newest member of the BitX lineup features the BM 13 70 ASIC from the S21 Pro. So far, we've been able to pull 1 to 1.2 terahashes per second off this single chip at 15 joules per terahash. Not bad. Massive shout out to Altair Tech for the early S21 Pro Hashboard, Public Pool BTC for the proto build, jpc0mps for the pro tips, and the entire community at osmuglobal for the open source bitcoin mining.
Huge thanks to OpenSats for the funding so I can work on bitaxe every single day. The bitaxe gamma features the bm1370 from the s 21 miner pro or s 21 prominer. Although not open sourced, bitmain claims that the 13 seventy's efficiency is 15 joules per terahash. The Antminer Pro has a nominal hashrate of 234 terahashes per second using 195 chips across 3 hashboards. Prototype bitaxegamma 600x have been built and they are indeed hashing. There might be, might still be some hardware issues. Initial BM 1370 firmware support has been added to ESPminer. This still needs some work. Be sure to check out the hardware issues for known bugs and let's see if there's anything else. Okay. So this is the latest addition to the Bitaxe lineup of solo miners.
It's a very small unit. You can hold it in your hand. Although I wouldn't suggest it if it's actually mining because you could probably get burned. In either event, I want to say this. When BitAxe first came out I was like, whatever dude. I don't care. And and not not to throw shade on the developers I'm just like I'm not a miner I've never really been interested in mining is what I'm getting at but for some reason this bitaxe gamma the fact that this is the 5th time that they've released something or or 6th or 7th time that they've released, you know, a new BitX. And I think they're maybe it's because the repetition that's a marketing thing the repetition of the word BitX is starting maybe it's starting to seep into my brain but somehow or another when I saw this it unlocked the fact that you know what they're not that expensive and I was I remember feeling the same way before I got my set up my first bitcoin node I was like I'm just I should I should do a full node but, but the price point for the Raspberry Pi and the software provided by my node BTC which was my first node and the fact that I could easily build it myself and I was able to do the whole thing in about an hour and get it up and running the price point and the ease of which I was able to get into it was the best thing that ever happened to me not because I got a Bitcoin node out of it but because I started learning more about what bitcoin was now I'm getting the same feeling this time about mining I didn't want to get into mining because I didn't want to buy it like you know at s19 I didn't want it you know worrying away in one of the rooms of my house heating the living shit out of it. But honestly that would have been the only way that I could figure out how do mining farms work? How does solo mining work? And now though now in in the palm of my hand I can have a bitaxe and I can do solo mine or I can plug it into a pool a mining pool and how does that work I can switch mining pools how well how does that work and I'm not going to be taken to the cleaners or have a loud ass machine in the back of my house just running at all hours of the night this is an entry point mining product and that's what I was not understanding about BitAxe in general so if you've ever been interested in mining then BiddaX is probably the way that we get into mining so that we can learn all about the rest of it without this massive upfront cash investment that's what I'm saying so I'm probably going to be getting a BiddaX after a while and it'll probably be running next to my, Raspberry Pi, first node Bitcoin and Lightning Network node and next to my server 1 from start 9 and, like, right on the side of all that is probably gonna now be a a bit axe because it just makes sense because I might wanna learn how to use Stratum.
Right? Like Stratumv2? Well, Stratum benchmarking tool version 0.1.0 has been released. It's a comprehensive benchmarking tool for measuring Stratum V2 and Stratum V1 protocol performances in different contexts meant to help the mining industry understand the benefit of the new protocol. Now, again, I might I I don't see any reason why I wouldn't be able to plug my bitaxe into stratumv2 and see and learn how that shit works and with this benchmarking tool that's been developed by GitGad19 as being supported by OpenSats it allows anyone to measure the performance of Stratumv2 versus Stratumv1 in various mining scenarios like maybe a bitaxe and solo mining and generate reports Stratum V2 protocol for pooled mining decentralized transaction selection by allowing individual miners to create block templates enhancing security and performance through an encrypted binary protocol And the tool is available for immediate testing by any miner or a mining pool that's interested in understanding the enhancement of Stratum V2.
Quote, we're eagerly eagerly looking forward to seeing reports that you've made. This can be tested on CPU miners or ASICs. And if you need help, join our discord and our community. We'll gladly help you out. And that was stated in a, in well, it was stated in a statement. Dear but there's the one I'm getting. This locks back into using a bidax as a point of entry, a non, you know, crush you know, monetary crushing entry into mining. You don't need to go and, you know, do all the stuff. You can simply get the single hash board with a single chip, plug it into 5 volts DC, and then plug that son of a bitch into whatever it is you plug it into and let it run and learn how mining works without a massive upfront cost and one of the ways that mining is going to work in the future is with stratumv2 we really need stratumv2 to help decentralize mining pools doesn't mean mining pools will go away it just means that me as a miner will be able to use stratumv2 to select my own templates to switch between pools, to do all kinds of shit, and if I if it wasn't for a situation where I could buy a, you know, a little cheap bit axe not that it's cheaply made but just that I can afford it I wouldn't have an entry point to look and examine it how does stratumv2 work how do mining pools work how does mining work what does it mean to be a solo miner it doesn't mean that I'm going to get rich or get the 3 point whatever BTC or 3.125 BTC per block because I accidentally hit a block like some of the other ones have that's that's not why that's not the real value the real value is learning how to mine without it crushing your wallet.
Now, seed signer version 0.8.0 has been released, and it's called the low time preference release. Seed signer offers anyone the opportunity to build a verifiably air gapped stateless Bitcoin signing device using inexpensive publicly available hardware components which is usually less than $50. Quote, it's admittedly been a minute since our last release. We've always built carefully and deliberately and we continue to refine our software so Bitcoiners everywhere can have a better and better permissionless signing device announce the project so the highlights let's see yeah quality of life improvements new animated QR scanning UI and frame by frame feedback oh nice much better animated QR scanning progress estimation calculations smarter rendering of outgoing animated QRs UX improvements where when entering BIP 39 passphrases, 2 new community created 3 d printable enclosure designs, and more. Adding limited support for Electrum seeds is meant to help legacy OG users eventually migrate away from Electrum and into more standardized wallet software. Full integration with Electrum Electrum is not planned. It's not planned.
Alright. So if you are a seed signer user, you might want to go check this thing out. I like the fact that it does have animated QR codes. Some people bitch about those. I can't bitch either way because I've never used one, but it is what it is. Last up, OpenSats has announced long term support for Vitor Pamplona. They are proud to announce that Vitor Pamplona has been granted long term support for his exceptional contributions to the nostril ecosystem announced the program. Vitor, the creator of the amethyst nostr client for Android and an architect of the new hyper private DM protocol has also developed Sheetster a collaborative spreadsheet client and crafters a Nostr based resume builder. Oh, shit. I might have to go look at that. Quote, in every line of code, I see the potential to reshape the world. Amethyst is more than a project. It's my commitment to a verifiable web, end quote, Vitor Pamplona. Vitor aims to enhance topical discussions, value for value exchanges, and user collaboration on Nostra Android apps. He will restructure Quartz and Amylite for cross platform support simplify code enhance documentation integrate amethyst caching and support kotlin notebooks additionally vytor will publish new NIPs and testbed apps and a private direct messaging model quote the best part of nostra is yet to come yeah no shit dude thank you open sats and all donors behind it said the developer in response to the announcement so there you go vitor Pamplona being extra cool. I need to click on this crafters thing and see what this is all about.
Crafters. Oh, it's a GitHub. So Vitor Pamplona is on GitHub. And I would advise Vitor Pamplona to start looking seriously at the, git developer stuff that we were talking about earlier. Let's see what the read me says. I mean, I'm just kind of interested. Oh, it's live at crafters. Amethyst. Social. So let's go over there. Join Nostr, log in, sign in with extension. Okay, since I've got Albie and I can do that, and I'm in. I'm in. Wow, this is weird. Hold on for a sec. Holy shit. This is interesting. I don't think I've ever seen this before and yet it has my fountain my fountain URL to the Bitcoin and podcast up there in the right hand side. And then on top it says none you Dan business.
And I don't know how that happened because I've never been here before. But there's a see there are Oh interesting. Okay. So I'm looking at this resume and at the top it says summary. If I click on that it gives me a pop up editable window. If I go to interest I can add an interest. If I go to skills, I can add a new skill. Education, I can add a college or high school experience. I can add experiences, publications, patents, awards, languages, and volunteering. It's a very simple layout, but I'm going to let's see. Hold on for a second. Interest. I don't know.
Podcasting. And I'm gonna add that. And it didn't stick. It did not stick. Okay. So it's in development clearly, but this could be very interesting. A your resume as a native event kind on a social network that well, when this is the whole thing about Nostr Like if I were to take down my or take a copy of the code that that renders my resume on Linkedin and I just throw it up on Twitter you know what's going to happen? No, I mean it's unreadable, right? It's just it's just gonna be the code. Twitter doesn't know what to do with it. I could throw it up on Instagram. Instagram doesn't know what to do with it. But Nostr is different. Because all the Nostr clients either will is able to read a certain event kind or can't, but always has the potential to read any event type if the developer of that client wants to do the work to get that in, then all of a sudden over a 100 different clients on Nostr my resume would be instantly renderable readable to like a 100 different clients.
So you don't you don't get this with walled gardens. They don't allow it. They don't allow it. And I would I it took me 3 clicks to get into crafters. Amethyst. Social and that's because of things like get albie and insect bunker and then there's at least one other one that I can't remember the name of right now. But it makes it so easy to log in with my credentials in 3 clicks to something that as far as I can tell I've never been to before. I don't know how none you Dan, d a n, business got in here. Maybe it's reading, my in pub from something that I did do that on back in the day.
It's early days, ladies and gentlemen, but the bet like like what Vitor was saying in his statement about getting long term support from OpenSats, the best of Nostr is yet to come. Alright. That's the end of the morning roundup. Dad says jokes. If we remove all of the margarine from earth the world would be a butter place. There you go. There's your dad says jokes. Okay. So, really gonna try to get, Tomac back on the show. However, he was on his way to Riga and, honey badger and I really one of these days I really want to go to those things just just once just just to see them, because I think honestly it's very possible from what I hear that those are that those and bit block boom are actually the Bitcoin conferences that you want to go to and most of the other ones just aren't as good as as well just aren't what they're cracked you know cracked up to be Anyway, one of these one of these days. So understand that I might not be able to get Tomic on, in a couple, you know, for a couple of weeks. Maybe I'll get lucky. You know, maybe he wants to do one later today.
I've alerted him about the fact that everything has got trashed, and that I really wanna do that one again. But he hasn't gotten back to me yet. Sad, sad day, yesterday. Was really hoping to bring that to you which is why there was no show yesterday. Monday, I am running out unless I get canceled on for the 3rd time. I'm gonna be running out and talk to the lawyer, interview the lawyer for the King Ranch at her place. And so I'm really keeping my fingers crossed that that one will work. That one's definitely not gonna be on beta software. I'm gonna be lugging my entire mobile recording studio along with me and that one always works. So keep your fingers crossed for me and listen out for an interview with Tom Ek from ALBI.
It's gonna be well worth your time. I'll see you on the other side. This has been Bitcoin and and I'm your host, David Bennett. I hope you enjoyed today's episode and hope to see you again real soon. Have a great day.
Good morning. This is David Bennett, and this is Bitcoin and, a podcast where I try to find the edge effect between the worlds of Bitcoin, gaming, permaculture, podcasting, and education to gain a better understanding of all. Edge effect is a concept from ecology describing a greater diversity of life where the edges of 2 systems overlap. While species from either system can be found at the edge, it is important to note there are species in the overlap that exist in neither system, and that is what I seek to uncover. So join me in discovering the variety of things being created as Bitcoin rubs up against other systems. It is 9:20 am Pacific Daylight Time. It's the 21st day of August, 2024. And this is episode 939 of Bitcoin and it's a palindrome episode. Yes, it is. And it should have been an interview that I did with Tomic from the Get Albie crew yesterday. And it was a was a great interview.
It was great. I was I mean, it was we had a great time on this interview. We talked about all kinds of stuff. Not just Albie. We talked about all manner of of other things and it's dead. It died on the vine. And the reason it did is because I was using, like a dumbass, I was using beta software without any kind of backup whatsoever. So this is something that nobody should do. Alright? I was using I was using HiveTalk, but you gotta understand that HiveTalk is beta. I should have understood that. And there's no recovery of this. Hell, I even went into inspect after I talked to Bitcarrot, about the possibility that maybe the data is still there held locally inside the the the web page because I'd never shut down the room after I figured out that I was probably hosed. And sure enough, bit Carrot comes back and she says, look, it's saved as a blob. So she gives me, like, you know, like, oh, a website that I went to go to to kind of look at, you know, how blobs function and where they may be and how to go find them. And so I used the inspect tool and I scoured the HiveTalk URL for that particular room, the Bitcoin and room that I had set up for that interview.
And I just couldn't find the blob. It's just gone. So it was like about an hour and 20 minutes. I'm going to try to do my level best to reschedule that thing with Tomic because there's some information about Git Alby that I think everybody really needs to know. Nobody's asking some of these questions about all manner of things like why did the custodial wallet go away? And what's the attitude towards doing business with United States citizens? And you know, we we really did get into it. We really did, do we we did the thing where we're you know, he's answering the questions that I'm asking that that I think are important questions to ask after so many things happened over this last year that has really kind of driven innovation away from the united not only away from the united states but away from united states citizenry hell it's like and I've said it before in the podcast it's like nobody wants to do business with a united states citizen and I to tell you the truth after the way that our justice department acts and the rest of the regulatory community in the united states act I kind of can't blame them.
Be that as it may, I'm going to do everything that I can to get Tomic back on the show and this time I'm just going to have OBS recording everything in the background as a backup because I know that OBS works. It always works it's never failed me before I'm just going like and I'm just going to do that every single time when I do interviews is to have OBS just recording shit in the background so that this kind of crap doesn't happen again anyway Alright. News. Bitcoin Magazine, Vivexin. Bitcoin lightning startup, TMRW, has raised $1,300,000 in funding. And I assume that TMRW is short for tomorrow. Miami based Bitcoin startup TMRW has raised $1,300,000 in pre seed funding to develop its social payments app, which is powered by the Bitcoin Lightning Network.
Maple VC led the funding round, and Bitcoin Angel investors like Brad Mills joined that round. TMRW aims to leverage the Lightning Network's speed and low cost to enable cross border peer to peer payments via Lightspark and Zerohash. The app uses universal money addresses an open payment standard built on Lightning to send fiat and bitcoin instantly across borders this allows TMRW to facilitate fast affordable remittances to regions like the Caribbean where traditional providers charge extraordinarily high fees Remittances are a major use case for Bitcoin and Lightning as they offer significant cost savings compared to legacy finance.
Co founder Alexandra Lutchman said the app shows how Bitcoin can unlock borderless payments for family and friends worldwide. The startup wants to illustrate Bitcoin's everyday utility and make payments social. The app includes features like adding messages, emojis, and images to payments. Adding an image to a payment. So like when I send like a a picture of a pile of dog poop when I send rent I don't know whatever TMRW also helps onboard new users by allowing them to earn Bitcoin rewards and see how their contacts use Bitcoin TMRW is running pilots in the Caribbean and has opened its iOS beta to US users. I wonder how long that shit's gonna last. The funding will help extend into the American market and make Bitcoin and fiat transfers available globally.
Bitcoin Lightning has seen growing adoption for remittances and cross border transfers as it offers significant cost savings compared to traditional providers. So yet another another company entering into the fray for cross border remittances. And I would imagine that you're gonna see a lot more. So just saying. Let's move on to El Salvador. Let's run down south where El Salvador is launching Bitcoin certifications for its civil servants, Arjeet Sarkar, Cointelegraph. The National Bitcoin Office of El Salvador will train and provide bitcoin instruction and certifications to 80 1,000 government employees.
That's a big class. The Bitcoin friendly Central American nation has launched a training program for public servants to impart knowledge about the strategic management and public policies around Bitcoin. The 100 holy shit 160 hour long virtual and asynchronous training session titled Certification and Public Administration 1 is divided into 7 modules, each detailing several concepts, laws, skills, and management related to the use of Bitcoin as legal tender. Stacy Herbert, director of On BTC, expects the training of civil servants will have a compounding effect on El Salvador's Bitcoin driven economy. Quote, these education products projects, sorry, projects are very low time preference commitments to the long term success of El Salvador and its Bitcoin as well as its tech policy, end quote.
The Bitcoin certification drive is conducted by the Higher School of Innovation in Public Administration, which president Nayib Bukele inaugurated August of 2021. According to ONBTC also known as the Bitcoin office the curriculum is designed specifically quote to strengthen the standard of excellence in governance and public administration in El Salvador. So 80,000 80,000 civil servants in El Salvador are going to take a 7 module 160 hour long Bitcoin course. I honestly think that they probably should have taken smaller bytes. Sure, it's 7 modules, but I mean just the title alone Certification in Public Administration 1 that suggests that there will be Certification in Public Administration 2 and possibly 3. Okay? But dude, 7 modules of concepts, laws, skills and management related to the use of Bitcoin as legal tender over a 160 this is a for long enough to know that this is this is a little this is a little bit large of an elephant to break down and eat. Okay?
My wife teaches at the at a university. I mean, I know what it looks like when she develops a course. Right? And I know what her students say about how much work those courses are. That's and that honestly dudes a 160 hours that's a lot. That's gonna be a lot of stuff. So I've I'm even though that El Salvador isn't gonna listen to me, I kind of advise that they break that thing into 2 parts and make these 7 modules part of certification public administration. 1 and 2 and half that 160 hour virtual and asynchronous training sessions in, cut them into 2 different parts. I'm just I I just think that that's a little too much for a whole for 80,000 civil servants to have to swallow.
I know maybe I'm being a little nice but, you know to the civil servants but honestly my gut feeling is that that's not going to go the way that Naiib Bukele wants it to go but we'll have to see. On to Bitfarms. It looks like Bitfarms who has not only been courted not once but twice by Riot Farms but is now pretty much clearly embroiled in what's going to end up being a hostile takeover by Riot of Bit Farms. Well, in the meantime Bitfarms seems to have time to buy rival Stronghold Digital for $175,000,000 in stock and debt. CoinDesk Sheldon Reback is writing this one. Bit coin miner Bitfarms said that it has agreed to buy rival Stronghold Digital for $175,000,000 in stock and assume debt.
The offer comprises $125,000,000 in stock based on 2.52 Bitfarms shares for each one of Stronghold's a premium of 71% to Stronghold's 90 day volume weighted average price on NASDAQ as of August 16th Bitfarms said in a statement. It equates to $6.02 per share versus SDIG or Stronghold Digital's closed last night of $2.93 Wow. Shares are currently higher by 64% pre market to $4.80 And BITF is lower by 7% to $2.19 Bitcoin miners have been coming to terms with April's 50% cut in the reward that they receive for adding blocks to the blockchain. And the reduction has put pressure on the entire industry, which leads me to a question that I'm not, reading from the the the new story at this point. It leads me to a question.
How many times have miners been through this having before and you still have yet to develop a proper strategy for having honestly how long is it going to take or my question is also this do they really give that much of a shit about mining are they just in it to smoke as much money as they possibly can and then punch out later on because they just don't care about the longevity because that's what it looks like to me it looks like there are several not all but it looks like there are many miners in the space that don't actually care about the mining they don't actually care about bitcoin they really only care about sucking as much money down as they possibly can as fast as they possibly can and not spend the time not get the expertise that's necessary to develop a proper strategy for having events.
I'm just saying quote after 3 years of ongoing discussions quote I am proud to announce this transformative acquisition which is a decisive step in securing a strong future for Bitfarms CEO Ben Gangadon said in a stat statement by vertically integrating with power generation expanding our energy trading capabilities and securing 2 high potential sites for hpc slash AI or high performance computing and artificial intelligence with significant multi year expansion potential we're executing our strategy to diversify beyond Bitcoin mining to create greater long term shareholder value end quote Bitfarms is itself fending off an approach by Riot Platforms which in June abandoned an attempt to buy the company in favor of just simply overhauling the board and building its stake in the Toronto based company before engaging in further takeover attempts.
It now owns almost 19% of Bitfarms. Stronghold in May said that it was exploring strategic alternatives that could include the sale of the company. Well, looks like that shit's gonna happen. Now, here's here's the thing. As much as as I sound like I might not like the fact that Riot is going after Bitfarms, I honestly kinda don't care. Okay? It's just that the only thing that I care about it is the fact that we're bringing our legacy attitudes into this space and it's it's like bringing poison into a food factory. At one point or another there's going to be spillage and someone's going to get hurt.
Be that as it may I kind of I'm kind of thinking that this is this is what's going on is that Riot has successfully changed the board of Bitfarms enough so that Riot through proxy of Bitfarms is going to be able to start buying up a whole bunch of assets so that by the time Bitfarms or Riot actually acquires and they will acquire Riot or bitfarms that they will not only be acquiring bitfarms but through their proxy takeovers will be scooping up maybe 2 or 3 other mining firms all at once and if you think about that strategy see that's the strategy that they seem to be working on they don't seem to give a shit about the fact that wow we just totally didn't expect what to happen after the halving oh bullshit you knew exactly what was coming down the pipe with the halving And the fact that you that all these people continuously get themselves into trouble, it's no wonder that Riot started getting or hammering on Bitfarms and has changed their board significantly to the point that they're able to direct bitfarms to use their money and their capital and all of their stuff all their leverage to buy other companies so that when Riot buys bitfarms they will buy way more than just bitfarms it's a kind of a beautiful strategy I kind of dig it in fact but it is legacy strategy I'm just saying it's like it's like you know carton you know cyanide into tyson chicken farms chances are good at one point or another someone's going to get hurt like Binance which has been hit with yet a brand new spanking brand new fresh class action lawsuit over money laundering allegations Sebastian Sinclair decrypt A new class action lawsuit has been filed against Binance in the United States Western District Court of Washington this time, not not Southern District of New York. No. No. No. This is in my neck of the woods right now, the Western District Court of Washington state accusing the company and its founder, Changpeng Zhao, of enabling widespread money laundering in violation of United States financial regulations. The lawsuit brought by former exchange users Philip Martin, Natalie Tang, and Yatin Khanna and filed Friday alleges that Binance's negligent compliance practices allowed bad actors to use the platform to launder stolen crypto causing significant financial harm to US users a rep for Binance didn't immediately answer questions Okay. Well, the complaint details how Binance, under Zhou's leadership, allegedly operated as an unlicensed money lawn or money transmitting business and willfully ignored anti money laundering requirements and facilitating transactions that help criminals obscure the origins of illicit funds.
According to the plaintiffs, Binance's rapid ascent to becoming the world's largest crypto exchange was fueled by its deliberate evasion of US regulations, which would have otherwise curbed its access to the lucrative American market The lawsuit also alleges that Zao who founded Binance in 2017 prioritized profits over legal compliance creating an environment where US users were encouraged to bypass the platform's minimal compliance checks The plaintiffs claimed that Binance's failure to implement robust AML and Know Your Customer protocols turn the exchange into a hub for laundering crypto often stolen through hacks and other illicit activities the fresh class action lawsuit comes on the heels of a series of legal actions against ZOW and Binance In November of 2023, Zhou and Binance reached a plea agreement with the US Department of Justice where Zhou admitted to failing to maintain an effective AML program. And as part of the settlement, Binance agreed to pay over $4,000,000,000 in penalties and Zhou had to step down as CEO.
Additionally, Zhou himself was fined $50,000,000 for his role in the company's violations, which included facilitating transactions with users in sanctioned jurisdictions such as Iran and North Korea. Ach, the humanity. Oh my sorry. Drinking a little bit of coffee here. So the the Binance problems just continue on and on and on. But, you know, it really wasn't said just these people that are bringing this lawsuit, this Philip Martin and Natalie Tang and Yat and Kana, that their negligent compliance practices allowed bad actors to use the platform to launch stolen crypto causing significant financial harm to U. S. Users how how If I'm just if I'm a degen trader and I'm trying to day trade Doge against ether or something like that how is it that somebody laundering money on the same platform causes me significant harm?
Unless unless these people were unable to get their money back out of the platform because the United States regulators closed it down or or caused it not to be able to you know be part of I don't know somehow or another affected these people's ability to get their money back off the platform then I'm not sure how somebody you know laundering money is going to cause them not to be able to do their degen trading. It doesn't make a lot of sense to me if somebody has more inside information on exactly how money laundering on Binance caused significant financial harm to U. S. Users, please, please let me know in a boostagram.
I think we're being lied to, by the way. I do. I think we're being lied to. I think we were lied to back in March. And you ask, well, who lied to us? The United States Bureau of Labor Statistics. I have a screenshot here that I took off at TradingView earlier this morning. And, this is all out of Mace news. But if you've used TradingView, you have the option of getting, like, news stories in your feed on the, like, the right you know, wherever it is you put your pain. Mine's on my lower right hand side. And I can scroll through, you know, through news. And I was looking at the, Dow Jones Industrial, chart. So the news that would come across is context specific in trading views. So it's all about the United States markets. And I noticed that there was a lot of similar headlines that read thusly.
United States Bureau of Labor Statistics March 2024 manufacturing payroll level revised down 115,000 on unadjusted bias absolute revision of 0.9 percent. Alright. So they told us back in March well, March April maybe April that March manufacturing payroll level was a 115,000 more than it actually was because they've revised it down to a 100 by 115,000 so whatever the number was that we got for the March numbers of manufacturing payroll you know people that get a paycheck in the manufacturing sector. Yeah, it was $115,000 more than it should have been. Well, this doesn't this shouldn't surprise you.
And it doesn't surprise me. But I got 5 stories in a row that are all the same. USBLS March leisure and hospitality payroll level revised down $150,000 USBLS March 2024 professional and business services payroll level revised down 358,000 that's a -1.6 percent adjustment USBLS March 20 24 private payroll level revised down 100 no, 819,000 or point minus 0.0 no no no no. Minus 0.6 percent. And finally, the USBLS preliminary March 20 24 non farm payroll level was also revised down 818,000 or 0.5 percent to the negative so there's 55 all March every single every single sector was revised down every single sector in their payroll was revised down this is all jobs they fucking lied to us and you're going you're so naive of course they lied to us I know but at one point or another if somebody's tapping on your head you know you had that friend in high school and he would just like you know he sits sits in back of you and he would just tap the back of your head and it would just annoy you And then you got to the point where you just didn't move your head because maybe if you didn't react, you just he'd just stop and but then you end up with that friend that's a, like, a freaking autist and he just doesn't give a shit. And he just will tap the back of your head for like hours and hours and hours if you let him and finally you turn around and you say stop and that's where I'm at right now that's where I'm at this is it's like this every single time like none of the numbers that were ever told are actually true, and it's not out of incompetence.
It's out of them flat ass lying to your ass. Let's see what else they're lying about and run the numbers. CNBC Futures and Commodities Oil. Wow. Taking it on the chin again. 1.13% to the downside. $72.34 for West Texas Intermediate. Brent is down almost a full point to $76.50. Natural gas down 2 a third following trend with oil, which is usually not the way it goes, but it's $2.14 per 1,000. Gasoline is down 2.68%, $2.19 a gallon. Okay. So why? Well, it's it appears that there is a cease the well, the issue with China is that their market is contracting. Their Well, the issue with China is that their market is contracting. Their manufacturing is contracting, and they're not buying as much oil as they usually buy. Gold is down a quarter of a point, but still at $2545.
Silver is down scant. Platinum is up 1.6. Copper is up 0.75. And palladium swinging for the fences with 2.73% to the upside. Ag, biggest winner today looks like it's gonna be cocoa. 1.15 percent to the upside. Biggest loser today is rough rice. No. It's wheat. 2.3% to the downside probably because the wheat crop is coming in. I can tell because I I live in the Palouse, and it's one of the largest wheat producing places in in in the world. And it looks to me like they had a massive, massive crop. Anyway, live cattle down 2 thirds of a point. Lean hogs up a a full point. Feeder cattle down a half. The Dow is up but scant. I mean, 0.03%.
S and p is up a 5th of a point. Nasdaq is up a 5th of a point. And the S and P mini is up 0.72%. Clark Moody dashboard flashing a price of 59,840. That is a $1,180,000,000,000 market cap, and we can only get 23.9 ounces of shiny metal rocks with our 1 Bitcoin of which there are. 19,742,858.62 of and fees are still low. Average fees per block clocking in 0.06 BTC on average on a per block basis and how many blocks but there are 130 and they're carrying 265,000 unconfirmed transactions waiting to clear at high priority rates of 4 satoshis per vByte Low priority is 4 satoshis per vbyte.
Mining. Let's see what the hash rate's doing. 576 exahashes per second, so mining industry as a whole is still doing as we haven't lost as much as I kind of thought anyway so now from silent but deadly which was episode 938 of Bitcoin and the bird with 5,000 sats and the bird says nothing the bird the bird oh my god okay Jor with a1000 says thanks for your work I've been enjoying the shows and appreciate the way that you think you're lucky that I have more than 3 brain cells that I can rub together right now but that may not last I'm just saying wartime with a1000 I think he's got steak knife up here as an emoji I appreciate that oh oh oh oh and I boosted myself a 100 satoshis as a test directly in the fountain app on my phone and I use the iPhone and I said does this message from boosting this episode go directly to Noster and so what I what I did is I shared the episode directly to fountain and then when I put in the or when I put in the message part and did the boost or no wait I didn't share it I'm sorry I didn't do that I boosted the episode and it went directly to nostr and so Noster got the following message does this message from boosting this episode go directly to Noster and then the episode the episode URL of this particular episode this silent but deadly episode came along for the ride and it directly went to Noster so if you're if you're asking yourself how do you use Fountain to get messages to Noster The only way that it looks like you can do it is you actually have to boost an episode and say something.
Otherwise it won't go. And I don't like like up here where the bird the bird the it's like at the bird the and then like an underline says nothing I don't know I'd have to go back and look at at the bird's feed and see if this 5,000 sat boost is actually in there but says nothing because he didn't actually write anything Anyway, all this to say that the Fountain integration with Nostr looks like it's getting better and better and better. Let's see. Is there anybody else? Yes, there is. Cbrooklyn with 500 says we have a site no. I'm not reading this cbrooklyn. I'm not going to name the name of the shit coin that everybody seems to be fascinated with on nostril all of a sudden I'm not going to do it I'm not I'm sorry I'm sure you're a fascinating person and a good guy and all of that, but I'm not saying the name. I'm going back to the bird. The the bird.
500 sat says nothing again. C broken, 500 sat says in the fed. Now that shit I will read. Pies to Pleb with 420 says thank you, sir. No. Thank you. God's death with 237. Thank you, sir. No. Thank you. And the broken ruler says great rip. None you bidness. I also have a beta version of Fountain Noster, and I tried to share this directly from Fountain, but I had to copy paste and do it in Amethyst. Do you know if there's a way to do it completely on Nostr? Well, I know how to do it on Fountain. And that's the way that I was able to do it. Otherwise, you just have to paste the the episode URL into Nostr if you wanna send it that way. But fountain will pick pick that up because I was talking to Oscar Mayer and he said that any time that anybody paste a URL from a show on fountain that fountain is actively looking for that on nostr for its own URLs.
So it's basically saying it's basically like fountain is somehow or another scraping all of nostr relays for, fountain. Fm/episode and then whatever and then there's an episode URL or there's a the rest of the URL after that but it's just gobbledygook so but every time it sees that on nostr it will put it into the feed the fountain feed of the episode that has the same URL that you put out on Noster. If that doesn't make any sense, I understand. We're all trying to figure this stuff out. Pies to Pleb, also put the URL of this particular show into a boost. But there's no actual boost. So what's happening here is that the broken ruler pies the pleb, and I can't pronounce this guy's handle because it's just a bunch of symbols, all 3 of those people put this episode URL directly into Nostr, but I'm reading it from fountain.
See how that works? That's the way this fountain integration is going so far. And then zplbzx says listen to some of fountain. Fmforward/radiotoday pleasantly surprised. Do you know where these artists are from? Is that sourced from Wavelake? Great episode. And I don't know how he got this in here because the only URL that he's putting in here is the fountain. Fmradio. So there may be some other way to do this to put a note in directly into fountain without a boost. I haven't found it yet. If you guys know how to do that, please let me know. I want to dust off my geyser page.
Geyser.fundgeyser.fund forward slash project forward slash the bitcoin and podcast all one word if you want to support this show in a different way not through boost but you want to go to geyser dot fund and support this show there then go to geyser.fundgeyser.fundprojectthebitcoinandpodcast and you'll be able to send me satoshis over at geyser.fund which is now fully integrated with nostr itself so you can use your nostr credentials to sign in to geyser but I think I I really hadn't been using it So now what I'm doing is that not through my normal outlets of getting the show out after I finish it. I am now adding geyser entries into my geyser project page.
And that is the bitcoin and podcast all one word over there on geyser so there there'll be like the full episode all the show notes yada yada yada that's all gonna be in the form of geyser. So if you want to help support geyser. Fund as well as support the bitcoin and podcast then go to geyser. Fundforward/projectforward/thebitcoinandpodcast. That's the weather report. Welcome to part 2 of the news you can use. Dan Conway Dev on nostr. Dan Conway dev, d e v, has this note. And it's gonna link into a couple of things here. So this is one of the first things that I saw this morning. It says, hashtag gitgitvia nostr. Just got 10 times easier with a git or a git plugin included in ngit 1.4.
Clone with the nostr URL any branch prefixed with prforward/ is an open proposal on nostr. Submit it to as a, proposal via Nostr by pushing a branch with a prforward/ prefix. See git workshop dot dev for a quick start guide. I love the feedback. Okay. So maybe that didn't mean anything to you. But remember when Jack, of Twitter fame was say and he still has an open he still as far as I know he still has an open bounty. And I think it's 1 Bitcoin for developing GitHub like the version control kind of stuff that you know like if I'm you know working with a team of people and we're all working on a piece of software most of us will use GitHub as a version control system and it does a whole lot a whole lot of other stuff but that's where we go and get all manner of programs and that's where we get our Bitcoin Core from and if we're not getting it directly from them the people like the people that build my server or my, my node, is server 1 or no. I'm sorry. Start 9, and I have a server 1. They're going to GitHub to pull this thing down. Alright. So that's what GitHub is, right? That's a repository for all this software and that's where all the developers of that software continuously work on it and refine it and that's where you get the term pull request from. Well it appears that we are one step closer to having GitHub actually on Nostr. Now, it's not there yet. Okay? It's just it's just not. But this is a step in the right direction.
So git via Nostr that's the hashtag just got 10 times easier with a git plugin included in ngit 1.4 so one of the first things that I saw that I think was done with this was I noticed a Fiat Joff, has a note on Noster that says Bitcoin Core releases are being published by Leanne W. J. As torrents advertised on Noster. And I'm like what the hell is that? So I click I go to the event the in event that fiatjoff it's a nostr event that fiatjoff put up and I end up looking at dtan.xyz. What is dtan.xyz? Think of torrents. Remember the old torrent page? You know, where you would go download movies and music and all that kind of stuff? Dtanxyz is a noster based torrent and I've told you about this before.
And you can also go there to get music and you can get full length h265 or 264 movies. You know like high definition movies you can get standard definition movies you can get all the movies you can get all the TV shows well maybe not all of them but there is a huge library of media that's being stacked up on this dtan dtan.xyz. But now I'm looking at, I took a screenshot and we blow it up here. I'm looking at l a a n w j. Lianwj on dtan.xyz and it's her it's her nostr credentials it looks like that's logging her in because dtan is nostr based and sure enough it's Bitcoin Core 27.1 in almost every flavor you can imagine that you can download as a torrent.
Now remember that this all kind of went through noster and it's kind of fuzzy in my head how how this was it git let's see what was it? Git workshop git remote nostr ngit this whole ecosystem that's called gitworkshop.dev. That's gitworkshop.dev. It's still a little fuzzy about how it all works. But I'm looking at the distributions of Bitcoin Core 27.1 in Arm Linux, Arm64 Apple, Code Designers, PowerPC, RISC V64, x86, x86 for Linux. I'm looking at I mean it's just a huge amount that's just touching the surface of all these different distributions of Bitcoin Core 27.1 but it's accessible via Nostr and your Nostr credentials instead of going to BitcoinCore/bitcoincore over on GitHub.
It doesn't mean that it's better. It doesn't mean that Bitcoin Core or the GitHub version is better than than this. It's a different way of doing it and by God we need as many different ways of doing the same shit as we possibly can because they are coming after us. Now I'm gonna give you just a brief the brief description, the how it works description on workshop. Dev. Git is a decentralized version control system yet most FreedomTech projects use centralized walled gardens on top of Git as a social and collaboration layer for code changes.
Gitworkshoppe. Dev and git remote nostr and ngit are tools to enable code collaboration over nostr protocol. Gitworkshop. Dev provides a visual interface to discuss proposals and open issues. Git remote nostr enables proposal creation review and incorporation using standard Git tools and ngit handles repository setup and advanced proposal submission. And then there's a details button, but I don't want to get into it because we've got other stuff to do. What I'm saying here is that we are getting very very close to just being able to move all of your GitHub stuff which is now owned by Microsoft so definitely a walled garden and I've seen issues where developers are getting their GitHubs closed down and I don't want to conjecture as to the reasoning why but it's the fact that it can happen means that you need to get off of GitHub and it so happens that if you go to gitworkshop.dev that's gitworkshop.dev if you're interested in looking to, you know, maybe migrate to someplace else this might be the place for you.
Okay. Bitaxe gamma, the 5th major revision with BM 13 70 ASIC chips from Antminer S21 Pro seems to be alive. Okay. Bitax Gamma is wait. Well, no. Let's not do that one. Let's do I'm gonna because that's just a rehashing. The Bitax Gamma is a go. The newest member of the BitX lineup features the BM 13 70 ASIC from the S21 Pro. So far, we've been able to pull 1 to 1.2 terahashes per second off this single chip at 15 joules per terahash. Not bad. Massive shout out to Altair Tech for the early S21 Pro Hashboard, Public Pool BTC for the proto build, jpc0mps for the pro tips, and the entire community at osmuglobal for the open source bitcoin mining.
Huge thanks to OpenSats for the funding so I can work on bitaxe every single day. The bitaxe gamma features the bm1370 from the s 21 miner pro or s 21 prominer. Although not open sourced, bitmain claims that the 13 seventy's efficiency is 15 joules per terahash. The Antminer Pro has a nominal hashrate of 234 terahashes per second using 195 chips across 3 hashboards. Prototype bitaxegamma 600x have been built and they are indeed hashing. There might be, might still be some hardware issues. Initial BM 1370 firmware support has been added to ESPminer. This still needs some work. Be sure to check out the hardware issues for known bugs and let's see if there's anything else. Okay. So this is the latest addition to the Bitaxe lineup of solo miners.
It's a very small unit. You can hold it in your hand. Although I wouldn't suggest it if it's actually mining because you could probably get burned. In either event, I want to say this. When BitAxe first came out I was like, whatever dude. I don't care. And and not not to throw shade on the developers I'm just like I'm not a miner I've never really been interested in mining is what I'm getting at but for some reason this bitaxe gamma the fact that this is the 5th time that they've released something or or 6th or 7th time that they've released, you know, a new BitX. And I think they're maybe it's because the repetition that's a marketing thing the repetition of the word BitX is starting maybe it's starting to seep into my brain but somehow or another when I saw this it unlocked the fact that you know what they're not that expensive and I was I remember feeling the same way before I got my set up my first bitcoin node I was like I'm just I should I should do a full node but, but the price point for the Raspberry Pi and the software provided by my node BTC which was my first node and the fact that I could easily build it myself and I was able to do the whole thing in about an hour and get it up and running the price point and the ease of which I was able to get into it was the best thing that ever happened to me not because I got a Bitcoin node out of it but because I started learning more about what bitcoin was now I'm getting the same feeling this time about mining I didn't want to get into mining because I didn't want to buy it like you know at s19 I didn't want it you know worrying away in one of the rooms of my house heating the living shit out of it. But honestly that would have been the only way that I could figure out how do mining farms work? How does solo mining work? And now though now in in the palm of my hand I can have a bitaxe and I can do solo mine or I can plug it into a pool a mining pool and how does that work I can switch mining pools how well how does that work and I'm not going to be taken to the cleaners or have a loud ass machine in the back of my house just running at all hours of the night this is an entry point mining product and that's what I was not understanding about BitAxe in general so if you've ever been interested in mining then BiddaX is probably the way that we get into mining so that we can learn all about the rest of it without this massive upfront cash investment that's what I'm saying so I'm probably going to be getting a BiddaX after a while and it'll probably be running next to my, Raspberry Pi, first node Bitcoin and Lightning Network node and next to my server 1 from start 9 and, like, right on the side of all that is probably gonna now be a a bit axe because it just makes sense because I might wanna learn how to use Stratum.
Right? Like Stratumv2? Well, Stratum benchmarking tool version 0.1.0 has been released. It's a comprehensive benchmarking tool for measuring Stratum V2 and Stratum V1 protocol performances in different contexts meant to help the mining industry understand the benefit of the new protocol. Now, again, I might I I don't see any reason why I wouldn't be able to plug my bitaxe into stratumv2 and see and learn how that shit works and with this benchmarking tool that's been developed by GitGad19 as being supported by OpenSats it allows anyone to measure the performance of Stratumv2 versus Stratumv1 in various mining scenarios like maybe a bitaxe and solo mining and generate reports Stratum V2 protocol for pooled mining decentralized transaction selection by allowing individual miners to create block templates enhancing security and performance through an encrypted binary protocol And the tool is available for immediate testing by any miner or a mining pool that's interested in understanding the enhancement of Stratum V2.
Quote, we're eagerly eagerly looking forward to seeing reports that you've made. This can be tested on CPU miners or ASICs. And if you need help, join our discord and our community. We'll gladly help you out. And that was stated in a, in well, it was stated in a statement. Dear but there's the one I'm getting. This locks back into using a bidax as a point of entry, a non, you know, crush you know, monetary crushing entry into mining. You don't need to go and, you know, do all the stuff. You can simply get the single hash board with a single chip, plug it into 5 volts DC, and then plug that son of a bitch into whatever it is you plug it into and let it run and learn how mining works without a massive upfront cost and one of the ways that mining is going to work in the future is with stratumv2 we really need stratumv2 to help decentralize mining pools doesn't mean mining pools will go away it just means that me as a miner will be able to use stratumv2 to select my own templates to switch between pools, to do all kinds of shit, and if I if it wasn't for a situation where I could buy a, you know, a little cheap bit axe not that it's cheaply made but just that I can afford it I wouldn't have an entry point to look and examine it how does stratumv2 work how do mining pools work how does mining work what does it mean to be a solo miner it doesn't mean that I'm going to get rich or get the 3 point whatever BTC or 3.125 BTC per block because I accidentally hit a block like some of the other ones have that's that's not why that's not the real value the real value is learning how to mine without it crushing your wallet.
Now, seed signer version 0.8.0 has been released, and it's called the low time preference release. Seed signer offers anyone the opportunity to build a verifiably air gapped stateless Bitcoin signing device using inexpensive publicly available hardware components which is usually less than $50. Quote, it's admittedly been a minute since our last release. We've always built carefully and deliberately and we continue to refine our software so Bitcoiners everywhere can have a better and better permissionless signing device announce the project so the highlights let's see yeah quality of life improvements new animated QR scanning UI and frame by frame feedback oh nice much better animated QR scanning progress estimation calculations smarter rendering of outgoing animated QRs UX improvements where when entering BIP 39 passphrases, 2 new community created 3 d printable enclosure designs, and more. Adding limited support for Electrum seeds is meant to help legacy OG users eventually migrate away from Electrum and into more standardized wallet software. Full integration with Electrum Electrum is not planned. It's not planned.
Alright. So if you are a seed signer user, you might want to go check this thing out. I like the fact that it does have animated QR codes. Some people bitch about those. I can't bitch either way because I've never used one, but it is what it is. Last up, OpenSats has announced long term support for Vitor Pamplona. They are proud to announce that Vitor Pamplona has been granted long term support for his exceptional contributions to the nostril ecosystem announced the program. Vitor, the creator of the amethyst nostr client for Android and an architect of the new hyper private DM protocol has also developed Sheetster a collaborative spreadsheet client and crafters a Nostr based resume builder. Oh, shit. I might have to go look at that. Quote, in every line of code, I see the potential to reshape the world. Amethyst is more than a project. It's my commitment to a verifiable web, end quote, Vitor Pamplona. Vitor aims to enhance topical discussions, value for value exchanges, and user collaboration on Nostra Android apps. He will restructure Quartz and Amylite for cross platform support simplify code enhance documentation integrate amethyst caching and support kotlin notebooks additionally vytor will publish new NIPs and testbed apps and a private direct messaging model quote the best part of nostra is yet to come yeah no shit dude thank you open sats and all donors behind it said the developer in response to the announcement so there you go vitor Pamplona being extra cool. I need to click on this crafters thing and see what this is all about.
Crafters. Oh, it's a GitHub. So Vitor Pamplona is on GitHub. And I would advise Vitor Pamplona to start looking seriously at the, git developer stuff that we were talking about earlier. Let's see what the read me says. I mean, I'm just kind of interested. Oh, it's live at crafters. Amethyst. Social. So let's go over there. Join Nostr, log in, sign in with extension. Okay, since I've got Albie and I can do that, and I'm in. I'm in. Wow, this is weird. Hold on for a sec. Holy shit. This is interesting. I don't think I've ever seen this before and yet it has my fountain my fountain URL to the Bitcoin and podcast up there in the right hand side. And then on top it says none you Dan business.
And I don't know how that happened because I've never been here before. But there's a see there are Oh interesting. Okay. So I'm looking at this resume and at the top it says summary. If I click on that it gives me a pop up editable window. If I go to interest I can add an interest. If I go to skills, I can add a new skill. Education, I can add a college or high school experience. I can add experiences, publications, patents, awards, languages, and volunteering. It's a very simple layout, but I'm going to let's see. Hold on for a second. Interest. I don't know.
Podcasting. And I'm gonna add that. And it didn't stick. It did not stick. Okay. So it's in development clearly, but this could be very interesting. A your resume as a native event kind on a social network that well, when this is the whole thing about Nostr Like if I were to take down my or take a copy of the code that that renders my resume on Linkedin and I just throw it up on Twitter you know what's going to happen? No, I mean it's unreadable, right? It's just it's just gonna be the code. Twitter doesn't know what to do with it. I could throw it up on Instagram. Instagram doesn't know what to do with it. But Nostr is different. Because all the Nostr clients either will is able to read a certain event kind or can't, but always has the potential to read any event type if the developer of that client wants to do the work to get that in, then all of a sudden over a 100 different clients on Nostr my resume would be instantly renderable readable to like a 100 different clients.
So you don't you don't get this with walled gardens. They don't allow it. They don't allow it. And I would I it took me 3 clicks to get into crafters. Amethyst. Social and that's because of things like get albie and insect bunker and then there's at least one other one that I can't remember the name of right now. But it makes it so easy to log in with my credentials in 3 clicks to something that as far as I can tell I've never been to before. I don't know how none you Dan, d a n, business got in here. Maybe it's reading, my in pub from something that I did do that on back in the day.
It's early days, ladies and gentlemen, but the bet like like what Vitor was saying in his statement about getting long term support from OpenSats, the best of Nostr is yet to come. Alright. That's the end of the morning roundup. Dad says jokes. If we remove all of the margarine from earth the world would be a butter place. There you go. There's your dad says jokes. Okay. So, really gonna try to get, Tomac back on the show. However, he was on his way to Riga and, honey badger and I really one of these days I really want to go to those things just just once just just to see them, because I think honestly it's very possible from what I hear that those are that those and bit block boom are actually the Bitcoin conferences that you want to go to and most of the other ones just aren't as good as as well just aren't what they're cracked you know cracked up to be Anyway, one of these one of these days. So understand that I might not be able to get Tomic on, in a couple, you know, for a couple of weeks. Maybe I'll get lucky. You know, maybe he wants to do one later today.
I've alerted him about the fact that everything has got trashed, and that I really wanna do that one again. But he hasn't gotten back to me yet. Sad, sad day, yesterday. Was really hoping to bring that to you which is why there was no show yesterday. Monday, I am running out unless I get canceled on for the 3rd time. I'm gonna be running out and talk to the lawyer, interview the lawyer for the King Ranch at her place. And so I'm really keeping my fingers crossed that that one will work. That one's definitely not gonna be on beta software. I'm gonna be lugging my entire mobile recording studio along with me and that one always works. So keep your fingers crossed for me and listen out for an interview with Tom Ek from ALBI.
It's gonna be well worth your time. I'll see you on the other side. This has been Bitcoin and and I'm your host, David Bennett. I hope you enjoyed today's episode and hope to see you again real soon. Have a great day.
Interview with Tomic from Get Alby
Market Updates
Dad Jokes and Closing Remarks
