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lopp-1
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"Get out of the way of our
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lopp-1
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If you're worried that nonmonetary use of block space will compromise the integrity of Bitcoin as money, then you're worried that financial sovereignty may not be the most valuable use case for the system and you're worried it can't compete for scarce block space. Maybe you should be. As I see it, the way things are going, the biggest threat to Bitcoin as money doesn't come from "spammers." Rather, it comes from the Number Go Up narrative pushers who tell folks that ETFs and trusted third parties are fine to use because you'll get rich regardless. That line of thinking is what causes demand for block space to drop, thus making it so cheap that people can afford to play stupid games with the available block space.
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Is backing up your multisig wallet descriptor on the blockchain halal or haram? 😅 Either way, you can do it with the tool at https://multisigbackup.com/
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Why is Bitcoin so hard to understand? It's a complex multifaceted system and few folks view it with a comprehensive perspective. #repost https://blog.lopp.net/nobody-understands-bitcoin-and-thats-ok/
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My fireside chat with @APompliano at Bitcoin Investor Week about securing your bitcoin in this adversarial environment: https://www.youtube.com/watch?v=POXhTSHoVG4
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A crypto entrepreneur is accused of torturing an Italian man for weeks with a chainsaw & taser in an attempt to extort millions of dollars from him. Oddly, the suspect didn't seem to be lacking for money - his apartment costs $30K+ per month. https://nypost.com/2025/05/23/us-news/kentucky-crypto-investor-allegedly-tortured-captive-italian-tourist-for-weeks-in-luxury-nyc-apartment-sources/
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