Paraguayans are waking up realizing that their money in the bank isn’t really theirs.

18 years ago today, Satoshi published the Bitcoin whitepaper.
Back then it was just an idea on a mailing list. Now it’s the foundation of a new monetary system.
Worth reading again.

Chainalysis was just hacked too. In their statement they call full names, email addresses, and organization roles “non-sensitive customer data.” They probably forgot they work in the crypto industry… 🤦‍♂️
https://www.chainalysis.com/blog/security-incident-october-30/

organization roles

I thought nothing from Europe could surprise me anymore.
Well, France just proved me wrong again. What’s next? A tax on breathing air?!
https://kulturegeek.fr/news-362953/lassemblee-nationale-adopte-taxe-gigaoctet-parti-socialiste

Paraguay is becoming the hub where sovereign individuals move, meet, and build toward freedom together. 💪

It's happening. Sovereignty in full. See you on 22.11! 🇵🇾

A man doesn't need much to be happy.

Bitcoiner's daily mantra.

Paraguay isn’t growing fast by luck.

36% of students want to found a firm at graduation, 46% within five years (world: 15% / 28%). One in three is already trying. One in six already runs one.

Now compound that with the fact that the median age is 29.

Young country. Low, simple taxes. Light rules. Cheap power.

This country will continue to grow over the next 10–20 years.

All the recent exploits in the open-source Bitcoin ecosystem make me wonder about the future of FOSS development.

In its current form, it’s too exposed. It isn’t only well-intentioned people watching the code. Attackers now scan GitHub for vulnerabilities and exploit them before maintainers can ship a fix.

Developers are under unhealthy pressure. They know the enemy is watching and will abuse any crack left in the code, and they’ll do it lightning fast.

That’s why they have to improvise with private encrypted side channels to talk about bugs, and with patches released before the code itself, so users can update without broadcasting the scope of the changes.

I think this is going to be one of the hardest problems for the space. In this case, transparency doesn’t work in our favor.

We are in the middle of the Great Hardening, and I am still convinced open source is the right way to build software. We just have to stay one step ahead of attackers and have the right tools to make the code literally bulletproof before it ever reaches production.