“(and "proper" wide-scale bitcoin adoption, for that matter)” this is something that we see. The amount of people that were on not your keys not your coins is, believe it or not, going down as a percentage of the total. The other issue is, that “taking self custody” through a surveillance ledger shitcoin shilling device for example might also not help. So what is “proper” adoption? It’s a definition for everyone to have a totally different meaning. For us, being around proper bitcoiners and supplying what they need is all that matters. In the end it’s about the proof of work and the friends we make along the way. View quoted note →

Which signing devices in its standard workflow connect to the manufacturer’s remote server? Out of our open source/source verifiable, bitcoin only choices on our website: @Foundation Passport core checks the authenticity of the device through their envoy app. When using envoy it connects to the foundation node as a standard. @BitBox connects to the bitbox node when using the bitbox software. @Blockstream Jade uses the blind oracle pin server. ….. @COLDCARD has no “in house” companion app you use, the verification of authenticity is a number shown at startup of the device to check with a number on the sealed bag. You’re basically forced to make choices about your privacy. With the @SeedSigner you’re basically forced to learn how to use certain coordinator software. @TwentyTwo Devices uses third party applications such as @nunchuk_io The questions that we receive almost daily are about “the optimal” choice. There is no optimal choice. It’s all trade offs. That’s why we offer them all.

This concept is seriously interesting. A bet on hitting the block reward. If this scales sufficiently it could be multiple blocks in a six hour time frame, mined by “for rent” miners. Guaranteed income for miners, you either hit more or less than what you “gambled”. View quoted note →