Basanta Goswami

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Basanta Goswami

Basanta Goswami

@Basanta_Goswami

i only read and reply on x. posts are exclusively on nostr. https://t.co/z0AnHyoDGA

Katılım Kasım 2017
495 Takip Edilen1.1K Takipçiler
Bitshala
Bitshala@bitshala_org·
Waking up to Day 3 of the BOSS Summit in Dharamshala🏔️ Basanta is on stage right now dropping the alpha on Spark L2. The thesis? Moving UTXOs without on-chain transactions. If we can securely transfer the ownership of a UTXO completely off-chain without touching the mempool or paying base-layer fees, the scaling implications for Bitcoin are massive.
Bitshala tweet mediaBitshala tweet media
Bitshala@bitshala_org

No internet? No problem. Bala just dropped the ultimate cypherpunk demo at the BOSS Summit: From Off-Grid to On-Chain He literally broadcasted a live Bitcoin transaction using Mesh Radio. No ISPs, no Wi-Fi, no cellular data. Just pure radio waves bypassing the traditional internet layer to hit the mempool. When we say we are building unconfiscatable money for uncertain times, this is exactly what we mean. Mind blown. Here is the repo used to connect meshtastic to bitcoin core:github.com/BTCtoolshed/Me…

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Basanta Goswami
Basanta Goswami@Basanta_Goswami·
@niftynei not gonna attempt to explain why you are wrong using tweets because its not possible, but summarizing a psychedelic experience as "don't do drugs" and "ego doesn't need death" is not something anyone with 20k+ followers should do
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nifty, btc++ econ edition Vienna 🇦🇹, May 27+28
dont do drugs kids
Bryan Johnson@bryan_johnson

This was the most profound experience of my life. I am stunned beyond comprehension. This molecule is without peer. The 27mg dose opened up what felt like pure consciousness and intelligence. A majestic reveal of existence itself. In all its incomprehensible glory and majesty. It is impossible to explain with words. Whatever you imagine, multiply it by 1,000 and then add infinite width and depth and dimensions. But entrance was not granted without prerequisite. Existence demanded that I submit. That I say yes; without attachment and without condition. Yes to existence; yes to the dissolution of self; yes to release control; yes, to all. My ego registered the ask and panicked. It wanted control. It was desperate for control. It pleaded to escape from the torrent of light and essence that threatened to rip my sanity into chards. The urge to eject was overwhelming. Terror thundered throughout my mind and body. It took everything within me to release. I overcame and was treated with bliss that defies imagination. A euphoria colored with perfect harmony of all things. An orchestra of essence washed over me and swept me up in dance. It was home. The highest aspiration of intelligent life. For some reason, stored and tucked away as the ultimate prize. A single concept emerged in omnipresence: we cannot grok the preciousness of our existence. Yet it is everything we’ve ever wanted and more. The state we long for without knowing it exists. This caused me great pain and heartache. A swell of loyalty and devotion emerged inside me, pledging allegiance to existence. To become a warrior and caretaker of life on earth. To protect at any cost the candle of consciousness that has miraculously emerged in this part of the galaxy. What awaits will wipe all your tears, soothe all your sorrows, and infinitely exceed your wants.

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Basanta Goswami
Basanta Goswami@Basanta_Goswami·
@niftynei i don't think you understand what "ego" exactly means in the context of an ego death experience
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Basanta Goswami
Basanta Goswami@Basanta_Goswami·
@benthecarman it's not me pinging mutinynet, but i use the tip height api to figure out if the url entered by the user is a valid mempool server url
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benthecarman
benthecarman@benthecarman·
Mutinynet is getting over a million requests a day just asking the tip height. Blocking some IPs, wtf are you savages doing
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grubles
grubles@notgrubles·
What makes Bitcoin better as money is building tools and infrastructure that make it better as money. Not distracting everyone's time away from that.
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Harlan Carradine Investigates ➿
Harlan Carradine Investigates ➿@HarlanCarradine·
Posting AI garbage to praise Coinbase is peak fiat. Unfollowed.
TFTC@TFTC21

Coinbase is quietly lobbying to kill Bitcoin's de minimis tax exemption. The company reportedly told legislators that "no one is using Bitcoin as money" and that a Bitcoin de minimis exemption would be "DOA." Meanwhile, they're pushing for the exemption to apply only to stablecoins, specifically regulated, dollar-pegged stablecoins like USDC. Coinbase made $1.35 billion in stablecoin revenue in 2025, up 48% year over year, almost entirely from interest earned on U.S. Treasuries held in USDC reserves. Bloomberg estimates that number could surge 7x under the GENIUS Act. Every person who uses USDC for payments instead of Bitcoin is a person whose dollars are sitting in Coinbase's reserve pool generating risk-free yield for Coinbase. A de minimis exemption for Bitcoin would let people spend it freely for everyday purchases without triggering a taxable event. That makes Bitcoin a direct competitor to USDC as a payment method. Coinbase doesn't want that competition. They want you locked into their centralized stablecoin ecosystem where they clip yield on every dollar you park there. The irony is that a de minimis exemption doesn't even make sense for stablecoins. They're pegged to the dollar. They don't fluctuate in value. There's no capital gain to exempt. The exemption matters for Bitcoin precisely because it does fluctuate, and without it, every coffee purchase becomes a taxable event. Senator Lummis proposed a $300 de minimis exemption that would cover Bitcoin. The House framework only covers stablecoins under $200. The Bitcoin Policy Institute has already warned that Bitcoin is being deliberately excluded from these talks. A de minimis exemption that covers stablecoins but not Bitcoin isn't a tax framework. It's a subsidy for Coinbase's treasury management business disguised as consumer protection.

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The Bitcoin Dialectic 🎙️
The Bitcoin Dialectic 🎙️@Digvijay_BTC·
"I could take a knife and just stab you in the heart." That's not a normal thing to say mid-podcast to someone you just met, @Basanta_Goswami. Yet somehow… it restored my faith in humanity
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Basanta Goswami
Basanta Goswami@Basanta_Goswami·
@BrainHarrington That's a fake account. Also, nostr with web of trust solves that exact problem of retards like you not being able to figure out fake shit from real
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BlueWallet
BlueWallet@bluewalletio·
Should we bring Lightning back?
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Mathias Buus 🕳🥊
Mathias Buus 🕳🥊@mafintosh·
A day like today is a good reminder why communication should not require servers. Become a 🍐. Join @keet_io.
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What about it!?
What about it!?@FelixSchlang·
This is nuts. @TeamYouTube has just disabled our ability to live stream 5 minutes before the launch. WAI is not allowed to live stream again. They’re saying I’m not old enough…
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Rob Hamilton
Rob Hamilton@Rob1Ham·
Ossified Bitcoin is state captured Bitcoin.
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Vishal
Vishal@vishalxl·
Nostr, rostra, and other such solutions work on self-signed messages But sometimes, you don't want to sign a message. This is when you want to share information, but don't want to be sued, for example, for a bad review in Japan. Rostra is well placed to have such sharing
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