@netzschleuder@social.skewed.debitcoin: Bitcoin transactions (2009-2013)
A network of Bitcoin transactions spanning January 2009 to April 2013. Nodes are public-key "addresses" at some time within the given period, and each edge is marked with the time (at a resolution of seconds) of the transaction.
This network has 6336770 nodes and 16057711 edges.
Tags: Economic, Cryptocurrency, Unweighted, Timestamps
@heiseonline@social.heise.de
@Techmeme@techhub.socialQ&A with Square product chief Willem Avé on Block's restructuring in 2024, AI automation, investing in crypto, the Lightning Network, and more (Nilay Patel/The Verge)
https://www.theverge.com/podcast/839062/square-product-ch…
@rainerzufall_le@mastodon.social"Bitcoin is crashing hard, reaching historic lows of well below the $70,000 mark. At the time of writing, the token is hovering just above $63,000, levels we haven’t seen since October 2024."
"According to Coindesk, the average cost to mine one Bitcoin is currently around $87,000 — far higher than its current going rate, making it an extremely unprofitable proposition."
🥳🥳🥳
@kubikpixel@chaos.social»Kursrutsch geht weiter — IT-Aktien im Minus, Bitcoin kratzt an 60.000 US-Dollar:
Für die IT-Branche sieht es an den Börsen weiter nicht gut aus, zugleich fällt der Bitcoin auf immer neue Tiefstwerte. Experten sehen eine Kurskorrektur.«
Ich sag's mal so, in der Realität ist der Finanzkurs noch lange nicht ;) Gesten war es schon in den News aber ich bin gespannt ob dies länger andauert.
📉
@malik@Mastodon.SocialNanny nanny boohoo https://ard.social/@tagesschau/116024070834530931
@heiseonline@social.heise.de
@cdarwin@c.imAs Bitcoin prices continue to plummet and electricity costs climb,
it’s become tough out there for a crypto miner.
The hash price index, which is used to determine how much revenue miners can make by mining crypto,
reached its lowest point on record this week, according to mining services company Luxor Technology.
According to Coindesk, the average cost to mine one Bitcoin is currently around $87,000
— far higher than its current going rate,
making it an e…
@Techmeme@techhub.socialMichael Saylor's Strategy acquired 10,624 bitcoin for $962.7M between December 1 and 7, its largest purchase since July; its stock is down ~40% in 2025 (James Hunt/The Block)
https://www.theblock.co/post/381668/michael-saylors-strategy-buys-more-bitcoin
@heiseonline@social.heise.deTech-Aktien und Bitcoin ziehen nach starken Verlusten wieder an
Nach drei Tagen mit starken Verlusten gewinnen Anleger wieder Vertrauen in Technologiewerte. Die bisherigen Höchstkurse bleiben unerreicht.
htt…
@memeorandum@universeodon.comBitcoin drops 15%, briefly breaking below $61,000 as sell-off intensifies, doubts about crypto grow (CNBC)
https://www.cnbc.com/2026/02/05/bitcoin-price-today-70000-in-focus.html
http://www.memeorandum.com/260205/p133#a260205p133
@mho@social.heise.deNature is healing...
#Bitcoin
@pre@boing.worldPrem ghinde thinks that Alan is killing bitcoin.
Alan is paid in government money, and saves in bitcoin. He's an imaginary straw man.
Alan doesn't plan to spend his bitcoin though. Just stack it until he sells it. And this doesn't build the bitcoin network.
Without transitions, when the block rewards run out, there will be no money for miners. Miners will need fees, which means transactions.
Since he's paying in bank money, he's funding bankers instead of miners. He's encouraging retail to accept bank money instead of miners and lightning liquidity providers.
Unlike Alan, Prem lives on the bitcoin standard. All in. Spending sats because he has no bank money to spend. It can be done, he insists. Today. Mostly by using gift vouchers bought with bitcoin.
He's sad that people here are buying drinks from the hotel with bank cards instead of lightning.
Stop watching the price, he says, it's only a measure of government money's collapse. Change your yardstick. Account in bitcoin. Dollars aren't even money, they are currency. If you must measure, do it against gold.
Since moving to el Salvador he had learned Spanish, until he even dreams in Spanish. Try to dream in bitcoin.
Every transaction is a vote, so stop voting for bank money.
I think the main trouble with this is that tax event in every purchase, and the fact my employer won't set a wage in bitcoin even if they would convert to bitcoin to pay me.
#bitcoin #bitfest
@metacurity@infosec.exchangeIt's a great time to be a crypto criminal!
Ilya Lichtenstein, Bitcoin hacker behind massive crypto theft, credits Trump for early prison release
https://www.cnbc.com/2026/01/02/bitcoin-hacker-ilya-lichtenstein-bitfinex-razzlekhan.html…
@nohillside@smnn.chGiven that #bitcoin was hyped as the replacement of gold during a crises, the current #crypto crash is nothing but amazing https://paulkrugman.substac…
@heiseonline@social.heise.de
@timbray@cosocial.ca1/ I hate Bitcoin with a probably-unhealthy intensity and have a hook set up so I get notified on big moves (e.g. down 5.3% today). When they come in I glance at the chart and occasionally get stuck for a few minutes. Stock markets have been explained as an argument between buyers & sellers as to the correct value of the underlying real-world thing. But…
#Bitcoin
@Techmeme@techhub.socialThe US CFTC launches a pilot program allowing BTC, ETH, and USDC to be used as collateral in US derivatives markets (CoinDesk)
https://www.coindesk.com/policy/2025/12/08/cftc-launches-digital-assets-pilot-allowing-bitcoi…
@gwire@mastodon.socialI reckon this headline has been sitting in someone's drafts for a while now.
> Bitcoin’s Long Slide Explained by ‘Number Go Down’
https://www.bloomberg.com/news/newsletters/2026-02-06/bitcoin-s-fall-from-all-tim…
@netzschleuder@social.skewed.debitcoin: Bitcoin transactions (2009-2013)
A network of Bitcoin transactions spanning January 2009 to April 2013. Nodes are public-key "addresses" at some time within the given period, and each edge is marked with the time (at a resolution of seconds) of the transaction.
This network has 6336770 nodes and 16057711 edges.
Tags: Economic, Cryptocurrency, Unweighted, Timestamps
@jdrm@social.linux.pizza
@jerome@jasette.facil.servicesWe might get surprised by what else in our economy will go down as a result of the #bitcoin crash
@vosje62@mastodon.nlAch ... Die koers van de bitcoin...😇😇
Via https://www.google.com/search?q=koers bitcoin
@Techmeme@techhub.socialBitcoin dived below the $73,000 mark on Tuesday, hitting its lowest price since November 2024 as heavy selling resumes amid mounting geopolitical concerns (Liz Napolitano/CNBC)
https://www.cnbc.com/2026/02/03/bitcoin-price-today.html
@memeorandum@universeodon.comBitcoin Drops to Lowest Price Since Trump Was Elected as Crypto Faces Slump (David Yaffe-Bellany/New York Times)
https://www.nytimes.com/2026/02/05/technology/bitcoin-price-drop-crypto-market.html
http://www.memeorandum.com/260205/p127#a260205p127
@newsie@darktundra.xyzCryptomixer platform raided by European police; $29 million in bitcoin seized https://therecord.media/cryptomixer-service-takedown-bitcoin-seized
@pre@boing.worldA panel on bitcoin treasury companies.
Because investment law makes it hard for institutions to buy bitcoin in their funds. You can't own BTC in you tax free ISA. So some companies that do hold bitcoin, notably microstrategy, became proxy investments. If you can't hold BTC you could maybe own a company that owns BTC instead.
Microstrategy started because it's ceo realized it's dollar treasury was being debased by dollar printing. So tried buying BTC instead, with fantastic success.
Copycat companies proliferated. They boomed and then busted. One panelist calls that a grift. A way to memeticly pump share price.
A line can be drawn between profitable companies just storing their profit in bitcoin Vs those raising debt to buy without having a profitable business.
Imagine a world transiting from using seashells for money to using gold coins. A company gathers seashells from investors to buy gold coins, which will do better than sea shells. Trouble is the next step where the company pays back it's investors with... More seashells.
If you own shares in the company, you do not own bitcoin. You'll just get more old fashioned bank money.
Still. It's worked as marketing, more people being convinced BTC has value.
If you do buy a treasury company, check it's bitcoin not "digital assets" including shitcoins.
#bitfest #bitcoin #bitcoinTreasuryCompanies
@heiseonline@social.heise.deBitcoin fällt auf tiefsten Stand seit April 2025
Der Bitcoin hat seit seinem Rekordhoch im November rund 47.000 Dollar verloren. Wie steht es aktuell um die bekannteste Kryptowährung?
https://www.
@primonatura@mstdn.social @Techmeme@techhub.socialMalaysian authorities are using drones, power sensors, and tips to hunt Bitcoin miners over power theft, which cost a state energy company $1.1B over five years (Bloomberg)
https://www.bloomberg.com/news/articles/20
@kazys@mastodon.socialThe biggest problem with Bitcoin is that its proponents didn't understand that it is itself a fiat currency. Strip away the consensus that it's valuable, and you're left with valueless cryptographic proofs of work that nobody wants.
@Billybobbell@twit.social"Tether is the treasury for Bitcoin and a coterie of related businesses. When Bitcoin crashes and people are panicking, they create Tether out of thin air to buy Bitcoin. That allows the game of musical chairs to continue. They simply cannot disclose how much reserves they have to back the peg because it is designed as an instrument of market manipulation."
Great comment from the FT
@pbloem@sigmoid.socialMoltbook is to AI as NFTs are to Bitcoin.
It primarily shows how unserious and uncritical the community is around a technology that is not in itself worthless, but requires a very careful and critical attitude.
NFTs showed that nobody was interested in the fundamentals that made bitcoin interesting as a technology. Moltbook shows that all the AI Kool Aid crowd is more than happy to be taken in by parlor tricks.
@timbray@cosocial.caYawn, another Btc-down-5% day. For those who watch this space closely, the spot price is regularly drifting down below the average price of the Btc in the MicroStrategy treasury. There’s a certain smell in the air…
#bitcoin
@cdarwin@c.imBitcoin has plunged more than 30 percent and Ether is down around 40 percent in recent months,
as gains from President Trump’s pro-crypto policies evaporated.
https://www.nytimes.com/2025/12/03/technology/cryptocurrencies-tu…
@heiseonline@social.heise.de
@thoralf@soc.umrath.netJammern die Bitcoin-Jünger schon und verlangen nach staatlicher Hilfe oder akzeptieren sie, dass sie gezockt haben und man beim zocken eben auch verlieren kann?
Der ganze Blockchain-Hype war die gleiche völlig überkochte Kacke, wie es das KI-Thema jetzt ist.
@metacurity@infosec.exchangeThe complexity and effort that went into this scam are amazing.
Inside a Wild Bitcoin Heist: Five-Star Hotels, Cash-Stuffed Envelopes, and Vanishing Funds
https://www.wired.com/story/bitcoin-scam-mining-as-service/
@pre@boing.worldDay two introduced again by Mad bitcoins .
Then the history of art on bitcoin includes satoshi and his original logo, ASCII art in the Blockchain, Cassius coins with scratch off keys, these pictured images of fake satoshi and 200 logos.
Exploded from there, trading cards, the rare Pepe's.
What makes it bitcoin art?
Symbology. The logo. Religious symbology. Is it a cult?
Memes. Memes catch and go in a fashion which is unpredictable and fits the whole history to a timeline.
Art builds culture and heros proliferate bitcoin culture for all.
Art traditionally goes up in value but none of it seems to outpace bitcoin itself.
Some is for sale in the gallery but it'll unlikely be a better but then 30 percent discount bitcoin today 😆
#bitfest #art #bitcoin
@netzschleuder@social.skewed.debitcoin_alpha: Bitcoin Alpha trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin Alpha platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 3783 nodes and 24186 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@nohillside@smnn.chAnders gesagt: Seit Trumps Amtsantritt (und dem Jubel der Cryptobros über goldene Zeiten) ist Bitcoin um 22% gefallen.
Bitcoin Erases Year's Gain as Crypto Bear Market Deepens - Slashdot https://news.slashdot.org/story/25/11/17/024…
@Techmeme@techhub.social @heiseonline@social.heise.deNoch ein paar der zuletzt hier besonders häufig geteilten #News:
Kryptobörse verschenkt versehentlich 44 Milliarden Dollar
@jdrm@social.linux.pizzaEl schadenfreude de ayer viendo caer las cotizaciones de bitcoin, google y microsoft no lo paga nadie, ni mastercard
@pre@boing.worldBritain is broken, in various ways. Could adopting bitcoin help it bounce back?
Renegade Investor thinks so.
Central banks printing money causes government debt and artificially low interest rates. Their monetary policy is political and done for bankers not for people.
Bitcoin monitory policy is fixed.
Lockdown during pandemic was funded by money printing, and caused a big inflation pump and government debt increase. It caused the current cost of living crisis.
Lockdown could have been impossible under a bitcoin standard.
In pounds the cost of living has gone up lots over the last decade. But in bitcoin it's gone down massively.
He thinks wealth redistribution is taking money from productive people and giving it to those who aren't increasing the country wealth. Here I disagree entirely. Wealth is reality being taken from the workers and given to the capital owners. We are redistributing wealth towards the rich currently. Taking the wealth created by workers to give to idle owners.
I also wonder, would limited government power be good? Did the lockdown save lives? Would it do do under a worse pandemic? Limited government power may be double edged.
Not sure why he thinks immigration is funded by government, rather than immigrants increasing the country wealth. Seems to think bitcoin could reduce immigration, which I find unbelievable and undesirable.
This talk I disagree with quite a lot.
#bitcoin #bitfest #britain
@Techmeme@techhub.socialIlya Lichtenstein, sentenced in Nov. 2024 to five years in prison for hacking Bitfinex, has been released early due to First Step Act, Trump's prison-reform law (CNBC)
https://www.cnbc.com/2026/01/02/bitcoin-hacker-ilya-lichtenstein-bitfinex-razz…
@gwire@mastodon.socialThe US federal government might consider decriminalising ransomware in order to help shore up Bitcoin.
@netzschleuder@social.skewed.debitcoin_trust: Bitcoin OTC trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin OTC platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 5881 nodes and 35592 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@Techmeme@techhub.socialThe FBI says fraudsters bilked Americans out of $333.5M via bitcoin ATM scams from January through November 2025, up from roughly $250M in 2024 (Lucien Bruggeman/ABC News)
https://abcnews.go.com/US/scammers-notched-333-million-bitcoin-atm-scam…
@memeorandum@universeodon.comEric Trump's cryptocurrency firm loses half its value in half an hour (Edward Helmore/The Guardian)
https://www.theguardian.com/us-news/2025/dec/02/eric-trump-american-bitcoin-stock
http://www.memeorandum.com/251202/p126#a251202p126
@pre@boing.worldDespite much opinion to the contrary, the government money we use is crappy.
I'm at bitfest in Manchester to find out if Bitcoin could be a better money.
It could hardly be worse.
The mood is still good, people are joking about recent devaluation rather than crying. Those who aren't all in are trying to buy more at the discount.
After an introduction by Mad Bitcoins, Joe Bryan explains the problem with government money.
He imagines an island on which two types of money are tried, with a dividing wall between them.
When economic problems hit, government can just print more money on the fiat side. Everyone now using money which is worth less. Distorting prices, inflating asset prices, making the rich (who hold assets) richer and the poor (who have to pay inflated prices) poorer. Driving wealth inequality.
On the hard money side, government must tax properly. Take in more from the rich rather than inflating to take it from the poor. Reducing wealth inequality.
On the government money side, the wealthy monitize houses, stocks, resources. Saving in money is impossible, its inflated away. So they save in assets and hording resources. Capital is misallocated. The youth can't afford houses. Poverty traps are caused. The only way out is printing more for benefits. Making it all worse. More economic crises, more printing. More government debt.
Eventually, the wall is broken. Government money people can save in the hard money instead. It reduces the value of government money further. More printing. More inflation.
Eventually, war. Funded by printed money.
The dollar is the best of a bad bunch all other government money is falling in value even faster.
I wonder, is bitcoin really this better money though? It's limited, hard, and can't be printed without energy investment.
I'm still unsure that fixing money fixes the world.
--
Note: "crypto" is mostly more like government money than bitcoin. It can be printed indefinitely by it's makers, does not cost it's makers to print. Crypto is usually just a scam people to get more bitcoin. Bitcoin is not crypto.
#bitfest #bitcoin
@netzschleuder@social.skewed.debitcoin: Bitcoin transactions (2009-2013)
A network of Bitcoin transactions spanning January 2009 to April 2013. Nodes are public-key "addresses" at some time within the given period, and each edge is marked with the time (at a resolution of seconds) of the transaction.
This network has 6336770 nodes and 16057711 edges.
Tags: Economic, Cryptocurrency, Unweighted, Timestamps
@Techmeme@techhub.socialBitcoin fell below $70,000, its lowest level since President Trump's election in November 2024 and down 44% from its October 2025 peak, as global markets fall (Muyao Shen/Bloomberg)
https://www.bloomberg.com/news/articles/20
@pre@boing.worldMandleduck from zbd has a presentation on the history of gaming in bitcoin.
Original bitcoin nodes had a half built poker game built in, though removed later.
SatoshiDice was an early betting game, just betting on random numbers from the hash nonce.
7 years ago Mandleduck made saru tobi, an iOS game with bitcoin rewards which was initially accepted but the decision reverted by apple. 1 cent transactions on chain was never going to scale anyway.
Collectable gaming cards on chain were a fashion for a while.
The early things failed in 2018 when transaction fees spiked, and fees became more than gaming rewards could be. Most games moved to ETH, till it to became expensive.
Lightning network is more suitable than on chain transactions but solana and dedicated chains still rule really.
Still today gamers mostly reject bitcoin as a scam and of course app stores don't allow payments outside their own system. So things remain tricky.
#bitcoin #bitfest
@netzschleuder@social.skewed.debitcoin: Bitcoin transactions (2009-2013)
A network of Bitcoin transactions spanning January 2009 to April 2013. Nodes are public-key "addresses" at some time within the given period, and each edge is marked with the time (at a resolution of seconds) of the transaction.
This network has 6336770 nodes and 16057711 edges.
Tags: Economic, Cryptocurrency, Unweighted, Timestamps
@metacurity@infosec.exchange"Already paranoid about scams, hacks and market turmoil, wealthy crypto investors have lately become terrified about a much graver threat: torture and kidnapping."
https://www.nytimes.com/2025/11/17/business/how-to-not-get-kidnapped-for-you…
@pre@boing.worldRob Gaskell of Sundial is presenting on a layer two protocol designed to enable bitcoin to generate yield.
Most bitcoin is still, in long term hodl. Not helping anyone.
Sure, you could lend your bitcoin for interest but that would count as a tax event and also involve losing custody.
What if a programmable sidechain to help with scaling, allow borrowing and lending and products retail and institutions like?
His solution is called Sundial and doesn't need new protocol changes or forks.
Hard to say what it actually does though? Presumably something like liquidity in sidechains? Didn't really seem to get what he actually is building. 🤷
#bitfest #bitcoin
@netzschleuder@social.skewed.debitcoin: Bitcoin transactions (2009-2013)
A network of Bitcoin transactions spanning January 2009 to April 2013. Nodes are public-key "addresses" at some time within the given period, and each edge is marked with the time (at a resolution of seconds) of the transaction.
This network has 6336770 nodes and 16057711 edges.
Tags: Economic, Cryptocurrency, Unweighted, Timestamps
@Techmeme@techhub.socialSouth Korean cryptocurrency exchange Bithumb says it accidentally sent $44B worth of bitcoin to customers as promotional rewards and has recovered 99.7% of it (Hyunjoo Jin/Reuters)
https://www.reuters.com/world/asia-pacific/cryp…
@pre@boing.worldThe conference also has a cinema room, showing bitcoin based films. Not mine, but I'm here for "finding home" by avi burra. Who did q&a after.
A short Travelog about a visit a cypherpunk in Prague for BTC Prague. Which was a much bigger bitcoin conference.
Lots of shots of a beautiful European city, and brief interviews with the people there. Many at restaurants where meals are paid for with bitcoin.
I guess they have a circular economy there of some sort.
Conclusion seems to be that fixing the money is important but building community is even more importanter.
#bitfest #film #bitcoin
@netzschleuder@social.skewed.debitcoin_trust: Bitcoin OTC trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin OTC platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 5881 nodes and 35592 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@Techmeme@techhub.socialCambodia extradites Chen Zhi, the chairman of online scam conglomerate Prince Group, to China; in October, the US DOJ seized $12B in bitcoin belonging to Chen (Gabriele Steinhauser/Wall Street Journal)
https://www.wsj.com/world/asia/cambodian-s…
@Techmeme@techhub.socialInvestors have pulled $3.5B from US-listed bitcoin ETFs so far in November, almost equaling the previous monthly record for outflows of $3.6B set in February (Bloomberg)
https://www.bloomberg.com/news/articles/2025-11-24/…
@pre@boing.worldOne room at the conference center is dedicated to an art gallery, showing pictures and images inspired by satoshi and bitcoin. Some are impressive and colourful, but some I find myself ideology opposed to their point of view.
Bitcoiners as a group tend libertarian and capitalist. Is there common cause between them and me, a more anarchist and socialist tending individual?
I think we can agree that the government money system is broken, disagree about the aims of a replacement system, and disagree on the actual effects of a bitcoin based system.
Some say bitcoin is money for enemies. We do need to transact with people without having to agree with them.
#bitfest #bitcoin #art
@netzschleuder@social.skewed.debitcoin_trust: Bitcoin OTC trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin OTC platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 5881 nodes and 35592 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@pre@boing.worldThis months newsletter is on it's way to email boxes all the wonderful beautiful financially sovereign anarchists who asked for it.
The rest of you fiat flops can read it here:
#newsletter #digest
@netzschleuder@social.skewed.debitcoin_trust: Bitcoin OTC trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin OTC platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 5881 nodes and 35592 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@Techmeme@techhub.socialPublicly traded Bitcoin miner Bitfarms says it will wind down its BTC operations and pivot to AI infrastructure after posting a net loss of $46M in Q3 (Logan Hitchcock/Decrypt)
https://decrypt.co/348573/bitfarms-wind-down-bitcoin-mining-pivot-ai-aft…
@netzschleuder@social.skewed.debitcoin_alpha: Bitcoin Alpha trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin Alpha platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 3783 nodes and 24186 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@Techmeme@techhub.socialBinance says it will convert $1B in stablecoin reserves held in its SAFU into bitcoin over the next 30 days, as BTC falls to its lowest level since November (Danny Park/The Block)
https://www.theblock.co/post/387786/binance-1-billion-safu-bitcoin
@pre@boing.worldFinally, Martin from BTC Prague wonders how to empower bitcoiners in the UK.
He's inspired by many UK scientists and artists and creators.
But he thinks it's declining. Socialism and regulation reducing freedom.
His home country had a peaceful velvet revolution, ending communism in the 80s.
And it now has a law that there is no capital gains tax on long term held bitcoin!
The UK, he thinks, needs to build new strong bitcoin based money to have it's own peaceful revolution.
#bitfest #bitcoin #uk
@netzschleuder@social.skewed.debitcoin_alpha: Bitcoin Alpha trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin Alpha platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 3783 nodes and 24186 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@Techmeme@techhub.socialBhutan unveils a pledge of up to 10,000 bitcoin to develop Gelephu Mindfulness City; Arkham says Bhutan holds 5,984 bitcoin, ranking 7th among sovereign holders (Vismaya V/Decrypt)
https://decrypt.co/352685/bhutan-pledges-10000-bitcoin-worth-1b-fund-mind…
@pre@boing.worldThe conference is over now. I likely wouldn't have come for just a bitcoin thing, but I am very interested in redecentralizing the web, so it's attachment to the nostr day pulled me in.
Everyone I met was friendly and interesting and seems much more interested in making a better money system than in making money for themselves.
Our government and bank money systems are dysfunctional in all kinds of ways which are often less visible than they should be too people using them, especially to those in Europe and America who benefit from the way those systems exploit the global south.
I'm not convinced that fixing that would end wars and fix broken government as some seem to think, but I am sure our money is the source of many problems.
There are many bright, well meaning, and intelligent people building to improve bitcoin in fascinating ways with the hope of having a parallel system to transition to. With lots of work still to be done.
Can it work?
I'm sure I don't know, and I'm sure even if it's a better system it'll come with it's own unfairness and cruelty. Money will continue to be a source of suck and worry.
I'm told that the bigger conferences are often full of shitcoin scammers and suit wearing banksters who are in fact all in it too get rich and rip people off, but I found none of that here.
Here there is a real community of people trying to make the world a better place and improve the lives of their neighbours and governance of their countries.
And in the end building community is the most radical and effective way to change the world regardless of the problems of it's money system.
I had a great time. Thanks to those organising it.
#bitfest #bitcoin
@Techmeme@techhub.socialInvestors pulled $523M from BlackRock's IBIT bitcoin ETF on Tuesday, its largest single-day outflow since launch; BTC fell ~30% from its October all-time high (Sidhartha Shukla/Bloomberg)
https://www.bloomberg.com/news/articles/20
@pre@boing.worldShort panel on merchant adoption.
Hipster burgers here in Manchester takes bitcoin. The owner says people are generally more curious than dismissive.
Gresham's law implies that people spend their worst money first. They want rid of it. When you give merchants your bank money you give them the worst money. Be kinder to merchants!
Ben from lnbits, the first merchant point of sales lightning devices, says merchants are interested because they want to have a broad portfolio. Accepting bitcoin is the easiest way to get it, without "know your customers" banking rules.
#bitfest #bitcoin
@Techmeme@techhub.socialBitcoin miners retooling data centers for AI have boosted their stocks; the CoinShares Bitcoin Mining ETF is up about 90% YTD even as bitcoin has slumped (Vicky Ge Huang/Wall Street Journal)
https://www.wsj…
@netzschleuder@social.skewed.debitcoin_trust: Bitcoin OTC trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin OTC platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 5881 nodes and 35592 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@pre@boing.worldKitchen Mishap takes us through some bitcoin visualisations.
Max keiser promoted KM to buy, and he learned from antonopolis book. So he started trying to graph it since software for money is scary if there's bugs you can lose lots of other people's money.
He spirals blocks around the years, rendering views of the whole chain.
#bitfest #bitcoin #dataVis
@netzschleuder@social.skewed.debitcoin_trust: Bitcoin OTC trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin OTC platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 5881 nodes and 35592 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@Techmeme@techhub.socialMichael Saylor's Strategy creates a $1.44B cash reserve funded by stock sales after cutting full-year profit and BTC yield targets due to bitcoin price drops (Stephen Alpher/CoinDesk)
https://www.coindesk.com/markets/2025/12/0
@netzschleuder@social.skewed.debitcoin_alpha: Bitcoin Alpha trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin Alpha platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 3783 nodes and 24186 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@Techmeme@techhub.socialBitcoin has fallen to ~$78K, down ~7% in 24 hours, over 12% in the past week, and down ~37% since its ATH in Oct. 2025; Ethereum dropped ~18% in the past week (Bloomberg)
https://www.bloomberg.com/news/articles/2026-01-31/bitcoi…
@pre@boing.worldGeyser is a crowdfunding system.
Lots of history of patrons raising funds from the public for art works or public infrastructure.
Kickstarter and the like on the internet made this much easier. But it's all bank money which is conservative and restrictive. Not global. High fees and middle men.
So doing it freely with bitcoin makes some sense. Censorship resistance and global scope.
Geyser has been running and funding projects for a while. Non custodial and money goes to creators only if target reached in time, otherwise returned.
All open source in smart contracts on chain.
#bitfest #bitcoin #crowdfunding
@Techmeme@techhub.socialA UK judge jails a Chinese woman to 11 years and 8 months in prison for laundering bitcoin linked to a £5B investment scheme in which UK seized 61K bitcoin (Upmanyu Trivedi/Bloomberg)
https://www.bloomberg.com/news/articles/20
@pre@boing.worldBit root is explaining why there will only be 21 million bitcoin.
Block rewards every ten minutes halving every for years is an infinite sum tending to that 21m supply. In fact a few sats less due to rounding errors.
She explains why bit shift in the code is the same as halving due to the way binary number representation works.
The code stops shifting at 64 halvings , despite the fact the reward will be zero after 32. This is since c leaves 64 bits shifted off a 64 bit number as undefined.
But could the code just be changed? No. The source code maintainers could try, but node runners would refuse the update, it being against their financial interests to do so. Even if some nodes did do, you on your own node can resist.
When people created forks with more supply, the market sent it's price to zero.
#bitfest #bitcoin
@Techmeme@techhub.socialAnalysis: as crypto sheds $1T , the Trump family's fortune has fallen to ~$6.7B from $7.7B in early September; President Trump's TMTG stake fell by ~$800M (Bloomberg)
https://www.bloomberg.com/news/articles/20…
@Techmeme@techhub.socialHashrate Index: China's bitcoin mining market share rebounded to 14% by the end of October, making it the world's third-largest miner despite China's 2021 ban (Reuters)
https://www.reuters.com/world/asia-pacific/bitcoin-mining…
@netzschleuder@social.skewed.debitcoin: Bitcoin transactions (2009-2013)
A network of Bitcoin transactions spanning January 2009 to April 2013. Nodes are public-key "addresses" at some time within the given period, and each edge is marked with the time (at a resolution of seconds) of the transaction.
This network has 6336770 nodes and 16057711 edges.
Tags: Economic, Cryptocurrency, Unweighted, Timestamps
@Techmeme@techhub.socialA look at Michael Saylor's Strategy, known for buying bitcoin via creative financing strategies, as its stock trades way below its peak amid the crypto downturn (Rob Copeland/New York Times)
https://www.nytimes.com/2026/0…
@netzschleuder@social.skewed.debitcoin: Bitcoin transactions (2009-2013)
A network of Bitcoin transactions spanning January 2009 to April 2013. Nodes are public-key "addresses" at some time within the given period, and each edge is marked with the time (at a resolution of seconds) of the transaction.
This network has 6336770 nodes and 16057711 edges.
Tags: Economic, Cryptocurrency, Unweighted, Timestamps
@pre@boing.worldThomas voegtlin talks about nostr spam. It's very censorship resistance means spam can't be stopped by moderators.
One way to stop spam is require proof of work before your client accepts a message. A large difficult hash.
But big hashing machines are more available to spammers than people.
Can't use likes or zaps cuz they can be faked with sybil attacks.
Instead: notaries and proveably burned satoshis.
Your public messages are classified as ham rather than spam if you burn enough money.
Nostr event types to prove it are suggested. Including burning to upvote others messages
Don't think I like deliberately burning the money, and seems to me a web of trust might work without doing that? Pay to post also peanizes there poor.
But it isn't really burned here, it's shaed out to miners to continue a subsidy when the block rewards run out. So paying miners and these notaries rather than really burning. Okay. Maybe better, but still makes messages mostly for the rich?
#bitfest #bitcoin #nostr
@Techmeme@techhub.socialRussia says a crypto regulatory framework will come into force July 1, 2027; it will ban privacy coins like monero and cap retail investor purchases at ~$4K (Olivier Acuna/CoinDesk)
https://www.coindesk.com/policy/2026/01/29
@netzschleuder@social.skewed.debitcoin_trust: Bitcoin OTC trust network (2017)
A network of who-trusts-whom relationships among users of the Bitcoin OTC platform. Each directed edge (i,j,w) represents the rating of user j by user i, in which i assigns j a weight w on a scale of -10 (total distrust) to 10 (total trust) in steps of 1.
This network has 5881 nodes and 35592 edges.
Tags: Social, Online, Weighted, Signed, Timestamps
@pre@boing.worldDaniel prince from Once Bitten podcast on usury and banking.
Usury is lending money, charging interest.
Aristotle thought money was for use not for interest. He thought usury unnatural.
Many religious quotes saying not to extract interest.
"Money is power" but this is not gold or paper money. It's credit. Infinite money with interest. Which breaks everything.
Imagine a mortgage. Prices of homes inflated by available interest. You have to give a deposit but the bank creates ten times that in new money! Who gets rich here? Banks are printing money. That inflates prices and dilutes money purchase power.
Not just mortgages. Business loans, repair loans, global scale of all of this.
Not only did they create that money, the charge interest on the money they created! And if you don't pay, they take the house.
One judge found this all illegal, but was soon overruled and found mysteriously dead.
What can you do eh? Only opt out. Don't take loans. Use a money that stores value instead of losing it.
#bitfest #bitcoin #banking
@Techmeme@techhub.socialDonald Trump Jr. and Eric Trump's American Bitcoin closed down 38.8% on December 2, wiping out ~$1B in market value; TMTG is down nearly 70% in 2025 (George Steer/Financial Times)
https://www.ft.com/content/18e3bfc1-c2aa-49a0-8c6d-a37255a23017
@pre@boing.worldA panel of people from a few different countries.
The UK, where the event is, and the US currently have money which perhaps is good enough that the people there don't see much need to replace the money. Running global reserve currency helps exploit other poorer countries. The problems are fairly invisible.
But in other countries, poorer countries with even worse money, countries more exploited by debasement of the global reserve currencies, the problems with government money are more evident. They see the need for an alternative more strongly.
Adoption is important though. Money is only money if it's widely accepted. So given the choice of more users or higher price, the panel would all pick more users.
#bitfest #bitcoin
@Techmeme@techhub.socialChina says the December 2020 theft of 127,272 BTC, now worth ~$13B, from Chinese mining pool LuBian is likely a "state-level hacker operation" led by the US (Bloomberg)
https://www.bloomberg.com/news/articles/2025-11-11/c…
@Techmeme@techhub.socialSwiss and German law enforcement agencies jointly shut down Cryptomixer, a major bitcoin mixing platform suspected of laundering money from criminal activities (Ludwig Burger/Reuters)
https://www.reuters.com/business/finance/s
