Over the past 6 months, I've spent over 500 hours studying how #Bitcoin will change the world.

Here 👇 is my TOP 5 of the most exciting developments for 2023.

>> MEGA THREAD 🧵 << Image
1. The Lightning Network.

This comes as no surprise to those familiar with Bitcoin. The Lightning Network is already the killer app for #Bitcoin as MoE.

Orange-pill your friends by showing them the wonders of LN and explaining to them how it works simply and clearly! 👇
2. Web5

Most bitcoiners don't yet understand the magnitude of #Web5.

Half of the Web's problems can be solved by the advent of Self-Sovereign-Identity.
And the other half by Decentralized Web Nodes.

👇 Enter the 🐇 🕳️
3. Value4Value

Selling information used to be impossible, but it turned out that in addition to a technical revolution (Lightning), the right mindset was also needed.

A mindset of abundance and fairness, a new way of looking at value.
4. Fedimint

I lied to you earlier.
The Lightning Network is not yet ready for 8 billion people.

But what if I told you that Fedimint not only improves the LN scalability but also helps the Global South with self-custody?

See for yourself 👇
5. Sovereign Computing

#Bitcoin reminded us of the importance of personal responsibility, even in areas beyond finance.

This paved the way for Sovereign Computing, the path to freeing ourselves from intermediaries and regaining our autonomy to compute.
What do you think of this TOP 5? Did I forget something?
Tell me in the comments 👇
Don't go away, because we are not done yet: now we have honorable mentions!

These 👇 are 3 projects that showed promise but ultimately failed to make it into the rankings.
a. Keet & Holepunch 🕳🥊️

Keet is a peer-to-peer, serverless Chat App, built with the Holepunch Platform.
The Holepunch platform aspires to be the go-to place for developers to build decentralized applications.

Will they succeed? Go check this thread 👇
b. 🍐 Pear Credit is a p2p open protocol that allows anyone to issue 💳 Credit tokens in a way that is scalable and private.

@BitcoinErrorLog described it as “Lightning for Data”.
Intrigued? See here 👇
@BitcoinErrorLog c. Nostr claims to be “the simplest open protocol that is able to create a censorship-resistant global "social" network once and for all.”

Is that true? Let’s find out 👇
@BitcoinErrorLog That's a wrap!

I myself apply Value4Value to what I write.
If this thread 🧵 was valuable to you, you can give value back! 💝

• ⌛ Time | follow me

• 🧠Talent | comment/RT/translate

• 🎁 Treasure | ⚡pippellia@getalby.com

The way you prefer. 🙏 Thank you!

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More from @pippellia

Dec 26
Value4Value will unlock the full potential of the Creator Economy.

Powered by #Bitcoin and Lightning ⚡ it will forever change the way we understand Value.

>> A THREAD🧵 <<
What is Value4Value?

Value4Value is a monetization model, a content format, and a way of life.

It starts from the realization that information wants to be free, always.
Information wants to be free as in freedom because we humans are social beings, and we share what we like.

To imprison information is to fight against our own nature.
Read 18 tweets
Dec 22
Bitcoin Twitter is abuzz with excitement about a protocol that promises to decentralize social media: #Nostr.

But all that glitters is not gold, ehmm not #Bitcoin.

A 👇 Thread 🧵
What is #Nostr?

Nostr stands for “Notes and Other Stuff Transmitted by Relays”.

(I love the name 🤣)
According to the official repo, it is “the simplest open protocol that is able to create a censorship-resistant global "social" network once and for all.”

Is that true?
Read 20 tweets
Dec 19
⚡ Lightning Network for kids

If you're a Bitcoiner and you can't explain in 5 min to a 5yo how the Lightning Network works

Read this 👇 now🧵
The Lightning Network (LN) is a payment system for instant transactions that no one in the world can break or control.

Its most popular implementation uses #Bitcoin as a base and is therefore called a “Bitcoin Layer 2”.
The fundamental element of the LN is the Channel.

All payments are sent through these channels and always* reach their destination.
Read 16 tweets
Dec 12
• Holding #Bitcoin on exchanges is easy but very dangerous.

• Holding #Bitcoin requires you to be your own bank - which is still too hard for many.

Thanks to @fedimint, there is now a third way.

👇 A thread 🧵
Holding Bitcoin is too difficult?

Many hard-core bitcoiners will be outraged by what I said.

Remembering 12 magic words is not difficult, right?
Running your own node is not difficult, right?
The reality is that it is too difficult, for a big portion of the world.

• 3 billion people do not have access to the Internet.
• 1 billion people do not have access to electricity.
• 770 million people are illiterate.
Read 23 tweets
Dec 8
“The use of credit cards today is an act of faith...
...The cardholder in particular has no protection against surveillance.”

This is how starts the legendary paper titled Untraceable Electronic Cash

a technology that soon will be part of #Bitcoin 👇 🧵 Image
Electronic payments are generally very bad for privacy because they can be traced.

Cash bills do not have your name written on them, credit cards do have it – which turn them into tools of surveillance.

But then in 1990 …
… David Chaum, Amos Fiat and Moni Naor published a paper titled Untraceable Electronic Cash in which they describe a mechanism for high-privacy electronic payments.

Here 👇 is how it works🧵
Read 13 tweets
Dec 5
Imagine if everything you say could be:

• listened to
• censored

This is how things work on the Web, but not for much longer thanks to @keet_io!

An app that every bitcoiner should be aware of🧵 Keet simply explained
What is Keet?

Keet is a peer-to-peer, serverless Chat App, built with the Holepunch Platform.

It enables high-quality, low-latency video calls as well as the exchange of messages, files and value ⚡
If you think these things existed before, think again!

Communications on the Web are almost always intermediated, and that has proven to be a big problem for both privacy and free speech.
Read 21 tweets

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