martinneustein
Martin Neustein

Germans LOVE to save in fiat money, although it doesn’t make sense and loses value.
Wait till they find out about Bitcoin, 99% are still absolutely clueless.
Germans are old and very risk-averse, they don’t like stocks, they were traumatized in 2000 with the burst of the dotcom bubble and the Telekom „Volksaktie“, which for many was their first investment in stocks.
When they find out that Bitcoin is the best savings device EVER… boy, buckle up! There is SO much money in German fiat savings accounts (almost 3 TRILLION).

2023-10-25 05:23:57 UTC

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Tax-free after 12 months - not everything is bad in Germany. :)

2023-10-25 05:21:45 UTC

Yes, I will sell some Bitcoin one day, but only as much as I need to become financially free ALSO in fiat terms.
Why? Because I already messed up two times and lost Bitcoin. It‘s just to manage risk and to protect me from my own stupidity.
The rest will remain in Bitcoin forever. And will go to OpenSats.org.
I don’t need to become crazy rich, I don’t want to become a target for envy people. I don’t crave material stuff. I already have everything I need. Except freedom.

2023-09-09 05:36:03 UTC

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This is so important. Awesome job, guys. 👍🏻

2023-08-15 18:55:32 UTC

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Great video, great project!

2023-08-15 18:40:23 UTC

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Yes. I use raid for >10 years now (mirroring). Sooner or later every hard disk will fail (occurred twice for me).

2023-08-15 16:19:09 UTC

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This guy ^^ is mining AND heating with excess (!) PV energy.

2023-08-15 16:17:17 UTC

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This guy, and there‘s another guy from Germany sharing his experience with PV mining. I deleted my Twitter account, I‘m sure you‘ll find him.
It’s very interesting, we have the highest energy prices in the world, but with a smart setup, it seems to be to really doable to do PV mining. https://cdn.nostr.build/i/398f919d0ee2b030c0031a0d404db3dd15dcbba79afc622b54bf5aa1547fdf19.jpg

2023-08-13 04:41:03 UTC

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Very interesting, thank you for this!

2023-08-12 13:53:04 UTC

Even after years of deep diving into #Bitcoin you still discover mind-blowing new aspects.
Unbelievable.

2023-08-11 16:07:42 UTC

I just lost 25% of my money trying to „diversify“ into „less risky“ assets than #Bitcoin.
I consulted a professional financial advisor. Big company, good reputation. Conservative, low risk assets. You want to be smart, get a second opinion, do some risk management.
I never lost so much many in such a short time, not even when I traded shitcoins like a maniac. fml.

2023-08-07 06:50:41 UTC

Let’s say you have 2 BTC.
Would you be comfortable holding these 2 BTC on a standard single signature HWW, e.g. a Trezor or a Ledger?

2023-08-06 10:23:21 UTC

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I did some work on the German translation for Mastering the Lightning Network on transifex. Which languages do you need?

2023-08-02 12:10:55 UTC

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Es sind oftmals eben einfach irgendwelche Leute, die zur richtigen Zeit am richtigen Ort waren und jetzt Meinungsführer oder so was spielen. Wenig Wissen, viel Meinung, sehr laut - ich will sie mal angry young men nennen.
Tucker-Carlson-Fanboys, Klimaleugner, Wissenschaftsverweigerer überall, und ich hab schon richtig viele geblockt. Auch von den ganz Bekannten kommt da unfassbarer Scheissdreck.
Das Protokoll ist neutral. Die lauten Spinner hast du überall. Die builden selten, die haten nur. Man sollte ihnen nicht das Feld zu überlassen. Es gibt auch großartige Leute.
Die größte Gefahr für Bitcoin ist meines Erachtens aber auch genau dieses toxische Grundrauschen in der Community, weniger die Technik. Immer wenn die Arschlöcher übernehmen, zerstören sie alles, feiern sich dafür, haben keinen Plan für danach und lassen einen Trümmerhaufen zurück. Rein destruktiv, rein verhindernd, ohne eigene Ideen, ohne Willen, Probleme zu beseitigen. Wie die Republikaner bzw. Trump, die AfD, Hitler.
Statt ihr Versagen einzugestehen, ziehen sie dich wenn‘s schlecht läuft auch noch mit in den Abgrund der totalen Vernichtung.

2023-07-31 12:33:08 UTC

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So? Why didn’t you do it?
She‘ll know, just a matter of time.

2023-07-31 12:29:52 UTC

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What problem does it solve?
What „problem“ did the internet solve?
It’ll open up a new dimension of possibilities and innovations. Time-space compression.
Krugman didn’t understand it then, Krugman doesn’t understand it now.

2023-07-26 08:19:46 UTC

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Hast auch Urlaub? Guten Morgen!

2023-07-26 08:17:28 UTC

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Looks like it’s the only option to be really non-custodial.
However, I see 2 problems:
- syncing has to be FAST (<= 1s)
- payment has to be FAST (< 3s)
I‘m always imagining the situation in a queue at the cashier. Waiting 30s for your node to sync and then hope(!) that your payment via Tor goes thru… not acceptable. People behind you will murder you.

2023-07-03 08:00:22 UTC

HODLing is great and will make you rich, but we shouldn’t forget that Bitcoin is most importantly about one thing: distribution.

2023-06-27 08:12:14 UTC

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Killing Flash was the best move ever. Flash was a security nightmare and a crappy system overall. Remember Flash on Linux?

2023-06-26 21:15:59 UTC

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Bitcoin is an open protocol, it works with any operating system. Limiting it to Android would be against the ethos.

2023-06-26 21:03:42 UTC

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Everyone I know who has gone to a Google-free phone returned after a while, because it’s just shitty. And I’m not gonna carry a second phone with me just to have 200$ in BTC on me. I’d rather use a credit card then.

2023-06-26 20:55:23 UTC

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What can you do with an Android phone that you cannot do with an iPhone? Which innovation do you mean? I use iPhones from the very beginning and I do not miss anything.
If Zaps grow to a relevant size they‘ll allow them again. Like they allowed wallets. Like they allowed Tor. I cannot believe they want to lose customers by disallowing Zaps.
And I’m pretty sure they are already looking into a Bitcoin/Lightning integration into their payment system. They don’t want to leave out. It might be custodial, which is ok for the amount of money you are supposed to have on your phone. They even offer savings accounts with interest rates nowadays. I see a good chance that a custodial solution by Apple might drive Bitcoin adoption more than anything else before. And it might work better than anything else - faster, more reliable. I tried out almost every Lightning wallet, sent BTC between them back and forth, also to and from my own node. The result is a catastrophe. Slow, timeouts and failures all the time. Maybe 50% success rate. It should be 99.9%, it has to.

2023-06-23 03:09:13 UTC

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It seems one c-lightning-rest version (10.2) had an additional „msat“-String in the returned balance, that shouldn’t be there.

2023-06-19 16:22:47 UTC

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It is a missing element in out bathrooms, that’s for sure. If I ever own a house, it‘ll have one.

2023-06-19 08:15:26 UTC

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I read many clients store their keys in remote locations, so they have to get on a plane to get hold of their keys (or even only one key).
To do that every 6 months is quite an effort.

2023-06-19 06:38:52 UTC

Anyone else looking into Blockstream Greenlight?

2023-06-19 06:36:53 UTC

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It affects almost every industry. We do SW development, we have to make use of it. We’re early, but we shouldn’t fall behind. It’s tricky in law I guess, on one hand, the sheer amount of text in nowadays petitions seems unmanageable for humans, on the other hand, you cannot trust an AI that makes up references and stuff.

2023-06-07 17:53:59 UTC

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I found this AI course helpful, although it’s for developers:
https://t.co/ffuzlZ6vgT
But you get an idea how to get better results from ChatGPT.

2023-06-06 05:09:28 UTC

What‘s left on Bitcoin Twitter is unbearable.

2023-06-05 14:45:21 UTC

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I believe in July, and exchanges etc. have 12 to 18 months to meet the regulations.

2023-05-31 06:57:35 UTC

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I‘ll reinstall it, when they‘re there. At its current state, I don’t think it’s a useful wallet.

2023-05-31 06:51:40 UTC

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Bullish, yes. But also bizarre. :)

2023-05-31 06:49:25 UTC

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I didn’t read his book.
I didn’t listen to his podcast appearances.
Too much annoying noise around him and his thesis.
It’s supposed to be a academic paper. Why does market it so aggressively? Why is he so thin-skinned?
Not sure if I‘ll ever invest time in this.

2023-05-30 04:35:26 UTC

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I feel you. They‘re blocking my payments to PocketBitcoin now. And they refuse to tell me why.