Rune

@nikitabier Is it open source?

new app who dis

The use case for Bitcoin today is not as a payment rail but instead as a store of value, and those storing wealth in Bitcoin are typically not doing so for merely a day, week, or even a year. Bitcoin is a long-term savings mechanism.

@Square @CashApp Fire 40% of your staff, pass the savings on to your customers. I’ll go spend +$25 at the business accepting Bitcoin.

$25 in bitcoin for spending $1. Not a typo. Use @CashApp to pay with bitcoin at a Square seller and get $25 in bitcoin back. Here’s how it works: 1️⃣ Open the bitcoin map on Cash App to discover a Square business that accepts BTC 2️⃣ Spend $1+ of BTC (or Cash balance over Lightning) at a participating Square seller 3️⃣ Earn $25 in BTC* Learn more at btc.day.

@MarioNawfal 🎯 Spot on. It's not about nukes or regimes. It's about the petrodollar and debt. Bitcoin is the only true off ramp..

🇺🇸🇮🇷The war nobody is framing correctly is about the dollar, not the nukes... Iran was selling 90% of its oil to China in yuan. Not dollars. It was part of a broader BRICS push to bypass the dollar in global energy trade. Venezuela was doing the same. Trump took out both within weeks of each other. That's not a coincidence. The entire American economic model runs on one assumption: the world buys and sells oil in dollars, and those dollars get recycled back into U.S. debt. The GCC is the engine of that system. Saudi Arabia, UAE, Qatar, Kuwait, and Bahrain sell oil in dollars and reinvest the proceeds into American assets. That cycle funds the $39 trillion in national debt that keeps the American economy functioning. Iran threatened that system in two ways. It sold oil outside the dollar. And it had the military capability to threaten the GCC nations that anchor the petrodollar. A nuclear-armed Iran could eventually coerce its neighbors into abandoning the dollar entirely. Now look at what the war actually achieved. Iran's ability to threaten the GCC militarily is being degraded. Gulf states that were quietly diversifying toward China are now completely dependent on American protection again. The F-35 sale to Saudi Arabia locks Riyadh into the U.S. weapons ecosystem for decades. And every Iranian oil sale in yuan that gets taken offline is a sale that reverts back to dollars. The consequences if this fails are existential. If the U.S. withdraws from the Middle East without securing the petrodollar system, the GCC could become client states of whoever guarantees their security next. Japan and South Korea would question American reliability. Europe would accelerate its pivot away from Washington. Dollar demand collapses and America can no longer finance its debt. That's why there's no real off-ramp. The nukes are the justification. The missiles are the pretext. The dollar is the reason. And the people paying the price are everyone caught in between. Source: CNBC, Breaking Points, WSJ

@TFTC21 @gladstein Storage costs are near zero, so what’s the actual problem? Because data storage doesn’t seem to be it.. Note a full node sits at around 750GB

Tadge Dryja, the co-inventor of the Lightning Network, just dropped an update on Utreexo, one of the most underappreciated scaling projects in bitcoin. The problem is straightforward. Every bitcoin node that wants to validate transactions has to store the entire UTXO set, every unspent output on the network. Right now that's 11GB and growing. As more transactions hit the chain, as inscriptions and other data-heavy outputs pile up, every node operator has to store all of it. The UTXO set doesn't get pruned like old blocks can. It just grows. Utreexo eliminates the entire UTXO set from your node. Instead of storing 11GB of data, a Utreexo node stores less than 1KB of hashes and still fully verifies every transaction. It's not a light client. It's not trusting anyone else. It's full validation with radically less storage. The tradeoff has always been bandwidth. Utreexo nodes need to download extra proof data to verify transactions without storing the full set. Until recently, syncing the blockchain with Utreexo took 2-3x the data download of a normal node, pushing into terabytes. That problem is now being solved, new aggregator techniques from SwiftSync have eliminated the extra download overhead. The implementation is still being finalized, but the hard part appears to be behind them. Two things worth noting: First, Utreexo is quantum safe. The accumulator and aggregator are built entirely on hash functions, not elliptic curve cryptography. Whatever quantum computing does to bitcoin's signature scheme, it won't touch Utreexo. At a time when the quantum conversation is heating up, that's a meaningful design advantage. Second, Utreexo directly addresses the tension around "spam" on bitcoin. Inscriptions, BRC-20 tokens, and other data-heavy outputs bloat the UTXO set that every node has to carry. Pruning helps with old block data but doesn't touch the UTXO set. Utreexo makes the entire debate irrelevant, if your node doesn't store the UTXO set at all, the size of it doesn't matter. New releases are out for both utreexod (BTCD-based) and Floresta (rust-based, built with rust-bitcoin). Both are in testing mode, not ready for real funds yet, but ready for developers and node operators to try. This is the kind of quiet, foundational work that actually scales bitcoin at L1. No token. No VC round. No press tour. Just better engineering.

@TeslaLoverGirls Hurry Mode Enabled. Zero fucks given.

Tesla’s brakes and maneuverability are truly outstanding. The car’s advanced Automatic Emergency Braking and precise handling helped prevent a serious accident. $TSLA

JUST IN: IRS guidance reminding drug dealers & thieves they must report their income goes viral, as tax season approaches in the US.

@TFTC21 @maxkeiser Great, but it’s not visible in the Cash App map where you can find square vendors accepting BTC..

Square just auto-enabled Bitcoin Lightning payments across 4 million U.S. merchant terminals. No opt-in required. Sellers receive USD by default. This is the most significant Bitcoin payments infrastructure move since the Lightning Network launched. Every coffee shop, barber, and food truck on Square can now accept sats over Lightning at zero fees through 2026. Jack Dorsey's Block didn't ask for permission. They flipped the switch.

@unusual_whales True. But there is a slight difference. The US started one of the wars and not the other.

Rubio: "There was a couple of leaders in Europe who said that this was not Europe's war. Well, Ukraine is not America's war and yet we've contributed more to that fight than any other country in the world."

@KobeissiLetter Easy 🫡💰

BREAKING: Iran’s Speaker of the Parliament provides trading advice to investors trading US markets: “Pre-market so-called ‘news’ or ‘Truth’ is often just a setup for profit-taking. Basically, it is a reverse indicator. Do the opposite: If they pump it, short it. If they dump it, go long. See something tomorrow? You know the drill.”

@KobeissiLetter If it was a US-owned route, I bet the US would be happy to put tolls/tariffs on a route like this. But when it’s the other way around, it’s considered illegal… 🤔

BREAKING: Iran has drafted legislation to create the "Hormuz Law" which is expected create a formal toll system for the Strait of Hormuz. Preliminary details include: 1. Hormuz Law to introduce fees on navigation and pollution in the Strait of Hormuz 2. Draft legislation also includes creation of a "regional fund" 3. The move is seen as an attempt to formalize long-term tolls on global shipping routes 4. The US has called these tolls on the Strait of Hormuz both "illegal" and "unacceptable" The Strait of Hormuz situation is becoming even more complicated.

@MarioBojic @CommunityNotes this is false / misinformation

🚨🇩🇰BREAKING: Danish PM Mette Frederiksen resigns after heavy defeat of her party in general elections. This happened after the Patriotic DPP led by Morten Messerschmidt won big in the elections. Messerschmidt plans to stop military aid to Ukraine and launch mass REMIGRATION.

@TFTC21 Agree

The TSA has a 95% failure rate. Not 80%. Ninety-five. In 2015, DHS sent 70 undercover agents through TSA checkpoints with fake bombs and weapons. 67 got through. That's a 95% failure rate. One agent set off the metal detector, got the enhanced pat-down, and still had a fake explosive taped to his back that screeners missed. The TSA's response was to classify the test results so the public couldn't see them. In 24 years, the TSA has not foiled a single terrorist plot or caught a single terrorist. Not one. Its $1 billion behavioral detection program identified exactly one person resembling a terrorist in two decades. This agency costs $11.5 billion a year. It was created in response to 9/11, but 9/11 was not a failure of airport security. What actually made flying safe was reinforced cockpit doors and passengers who will no longer sit passively during a hijacking. Not the liquid ban. Not the shoe removal. 80% of European airports use private screening. Israel hasn't had a hijacking since 1968. 22 US airports already use private contractors and outperform TSA-screened airports. Abolish the TSA. Replace it with the model that 80% of the developed world already uses.

@Jason Care to explain?

$tao > $btc

@BitPaine They still lack proof of reserves

Michael Saylor has literally the *least fraudulent* business model in the history of mankind. $MSTR does two things: raise capital and buy bitcoin. He clearly and openly states the statistics and performance underlying every single equity he has issued on his website. He clearly and openly delineates how he expects his equities to perform and the math behind them on his earnings calls. The only possible way he could be committing fraud is if he were not actually buying bitcoin with the capital he is raising, but the company is audited and third parties track likely addresses on an open blockchain. Literally any other company on the face of the planet has a higher likelihood of being fraudulent.

This is the greatest Michael Saylor #Bitcoin Strategy explanation of all time.

@TheBTCTherapist I guess the only path forward is nostr if you guys continue to be banned..

A lot of people have been wondering what happened to Carl ₿ Menger. He was an awesome Bitcoin account I enjoyed for years. He sent me this a few months ago. I’m not going to share our specific conversation but this is happening to more than just me. Hope you are paying attention

People spend 40 years working for money And 0 hours learning about money

🚨 Here is the full 40 minutes of my crew and I exposing California fraud, Minnesota was big but California is even bigger... We uncovered over $170,000,000 in fraud as these fraudsters live in luxury with no consequences. Like it and share it, the fraud must STOP. We ALL work way too hard and pay too much in taxes for this to be happening. These fraudsters have been able to defraud American taxpayers for years without any pushback from the public and politicians. It is time to EXPOSE IT ALL and end America's fraud crisis.

@TPmarketwatch Why now?

Just did the biggest one time smash buy of Bitcoin I've ever done.