no bullshit bitcoin
8.43K subscribers
348 photos
154 videos
66 files
5.85K links
No Bullshit Bitcoin Is a Bitcoin News Desk Without Ads, Paywalls, or Clickbait.

support us: https://geyser.fund/project/nobsbitcoin

rss: https://nobsbitcoin.com/rss/

nostr: https://nobsbitcoin@primal.net
Download Telegram
Growth of LocalBitcoins volume in 2019 vs. 2018

Egypt ๐Ÿ‡ช๐Ÿ‡ฌ - 69.8%
Colombia ๐Ÿ‡จ๐Ÿ‡ด - 59.8%
Peru ๐Ÿ‡ต๐Ÿ‡ช - 47.7%
Argentina ๐Ÿ‡ฆ๐Ÿ‡ท - 44.7%
Chile ๐Ÿ‡จ๐Ÿ‡ฑ - 36.3%
Venezuela ๐Ÿ‡ป๐Ÿ‡ช - 33.2%
Hong Kong ๐Ÿ‡ญ๐Ÿ‡ฐ - (18.5%)
Iran ๐Ÿ‡ฎ๐Ÿ‡ท - (52.1%)

source: https://twitter.com/lawmaster/status/1221371566421880832
Proof Wallet

A tool to create multisig wallets using PSBTs, hardware wallets, and bitcoin core.

twitter release thread: https://twitter.com/hodlwave/status/1223780197394190337

github: https://github.com/hodlwave/proof-wallet
Eclair v0.3.3 released

- Multipart payment support
- Trampoline routing

https://github.com/ACINQ/eclair/releases/tag/v0.3.3
Miner Income: Fees vs Issuance

source: https://twitter.com/lawmaster/status/1224308279813267457
BTCPay Server Version 1.0.3.156 released

- Sats as a currency for invoice creation
- Fix seed import theme issues
- Better form text on create invoice page
- C-Lightning Rest support
- BTCPay configurator support

https://hub.docker.com/r/btcpayserver/btcpayserver/tags
BitMEX Research updates lightning network private channel analysis

They estimate ~28% of channels are private accounting for ~12% of total capacity.

https://blog.bitmex.com/lightning-network-part-7-proportion-of-public-vs-private-channels/
Bitcoin Optech #83

- Eclair 0.3.3
- tool for experimenting with taproot/tapscript
- talk about schnorr signatures w/ precomputed public keys
- interactive LN funding tx construction proposal

https://bitcoinops.org/en/newsletters/2020/02/05/
Popular bitcoin back rewards program Lolli allegedly holding user funds hostage with forced additional KYC upon withdrawal.

Support screenshot shows them forcing a user to add bank account information in order to withdraw bitcoin rewards. Important reminder to keep funds held with custodians to a minimum to reduce this risk going forward.

source: https://twitter.com/cryptopahmp/status/1224818590186000384
Lightning Labs announces $10M Series A investment round and beta launch of Lightning Loop channel balancing tool.

Blog: https://medium.com/@lightning_labs/entering-the-decade-of-lightning-8c4a4d31167f

Lightning Loop: https://lightning.engineering/loop/
Blockstream Green v3.3.3

- Ledger Nano X support via Bluetooth for iOS (USB on Android)
- GDK 0.0.27

blockstream.com/green
Recent Podcasts

Stephan Livera - Pierre Rochard & Saifedean Ammous - https://stephanlivera.com/episode/147/

BitcoinTina on Bitcoin - Part 1 - http://bitcoinmagazine.btc.libsynpro.com/bitcointina-on-bitcoin-part-1
Redditor posts alleged IRS audit request

- Includes request for all bitcoin addresses and transactions

https://www.reddit.com/r/Bitcoin/comments/f11uu5/anyone_want_to_see_what_an_irs_audit_looks_like/
List of US Marshals seized bitcoin auctions

Current market value would be over $1.8B if they had not sold.

https://jlopp.github.io/us-marshals-bitcoin-auctions/
Self-Payments Could Be a Key to Lightning Privacy

> Alice could route the payment all the way back to herself โ€ฆ a โ€œself-payment,โ€ with Dave taking a very big โ€œfee.โ€ The fee would in actuality be the real payment.

https://bitcoinmagazine.com/articles/paying-yourself-self-payments-could-be-a-key-to-lightning-privacy
Swiss Regulators Propose New KYC/AML Rules

https://www.finma.ch/en/news/2020/02/20200207-mm-finiv/

> FINMA also proposes amending the client identification threshold values in its Anti-Money Laundering Ordinance (AMLO-FINMA) from CHF 5,000 to CHF 1,000 for exchange transactions in cryptocurrencies. Through these measures, FINMA is implementing the international standards approved in mid-2019 and acknowledging the heightened money-laundering risks in this area.
Inside Chainalysisโ€™ Multimillion-Dollar Relationship With the US Government

> The FBI plans to spend millions more in the next two years, and will overtake the IRS as the U.S. government's most prolific Chainalysis partner. On Dec. 18, 2019, it paid Chainalysis $377,500 for "Virtual Currency Tracing Tools," with an option to spend at least $3,628,775 through 2022.

https://www.coindesk.com/inside-chainalysis-multimillion-dollar-relationship-with-the-us-government