Explaining how #Bitcoin Lightning works.

"The Airport Analogy" 🧵👇 1/

Airport = Bitcoin / Lightning Node
Route = Lightning Channel
Airplane = Channel capacity
Passengers = Bitcoin

Let's pretend the Airport is our Bitcoin and Lightning Node, it's the hub that "controls" the routes, airplanes and passengers.

Introducing Recurring #Bitcoin Lightning Payments ⚡

I've been receiving part of my salary (£10 per day) automatically sent to my Lightning Address in sats daily via CoinCorner.

Automatically streaming money like @aantonop talked about many years ago is here.

Mini 🧵 This is helping introduce features we are used to from the legacy system on Bitcoin

Standing orders, direct debits or subscription based payments.

This is the 1st stage of many more to come introducing new capabilities along the way

Streaming like this changes the way we think

Announcing “The Bolt Card” 🧵

Visa? No
Mastercard? No
Lightning? Yes

The Bolt Card is an offline Lightning contactless card, powered by NFC, #Bitcoin Lightning and LNURL.

A global, open, permissionless, decentralised monetary network. Full Thread 👇

https://twitter.com/CoinCornerDanny/status/1526573313962680321?s=20&t=Z_1HVv3X0Kuxc5XVjWTVxg

Announcing “The Bolt Card” 🧵

Visa? No
Mastercard? No
Lightning? Yes

The Bolt Card is an offline Lightning contactless card, powered by NFC, #Bitcoin Lightning and LNURL.

A global, open, permissionless, decentralised monetary network.

2/
So what just happened?!

An offline NFC (contactless) card “tapped” the Lightning enabled POS device, which requested the required payment, my @CoinCorner account grabbed my GBP, turned it into BTC and instantly sent BTC over Lightning to the merchant instantly settled.

While #Bitcoin dips below $40,000

Let's take a look what happened in 2021 building the momentum and foundation for #Bitcoin to continue it's bullish run in 2022 🧵

▪️ El Salvador made #Bitcoin legal tender
▪️ #Bitcoin all time high $69,000 ▪️ @Blockstream and @bitfinex helped El Salvador offer $1 bil #Bitcoin bond and build #Bitcoin City
▪️ Amazon looking into cryptocurrency payments
▪️ @Twitter introduced #Bitcoin tipping
▪️ 56% of #Bitcoin mining reportedly renewable
▪️ Segwit adoption passed 80%

Events from 2021 that are building the momentum for this #Bitcoin bull run

▪️ El Salvador make #Bitcoin legal tender
▪️ 56% of #Bitcoin mining reportedly renewable
▪️ @amazon looking into cryptocurrency payments
▪️ @Twitter want to introduce #Bitcoin for variety of features ▪️ China ban mining - miners relocate looking for renewable energy - further decentralising mining
▪️ @BustaRhymes buys #Bitcoin
▪️ @SpaceX own #Bitcoin
▪️ Multiple #Bitcoin companies become Unicorns
▪️ Lightning infrastructure/nodes expanding at fastest pace to date

So.... we ran the numbers

#Bitcoin Vs the Worlds energy usage

🧵 1/6

Credit: @CoinCornerOllie
Source: medium.com/coincorner/com… 2/6

"We are not here to defend #Bitcoin's energy usage, as it uses this energy to secure the network and will continue to do so as long as Bitcoin is useful."

1/

Introducing “Hoffline”

The 1st automated #Bitcoin hot wallet where the private keys never go online, fully air-gapped.

Take a look at the video and I’ll explain below 👇 2/

High level device overview

1x Offline (Blue)
- Raspberry pi
- Screen
- Camera
- Bitcoin wallet - private keys

1x Online (Orange)
- Raspberry pi
- Screen
- Camera
- Ethernet cable
- Bitcoin wallet - watch only

Cheap cost for setup

#Bitcoin price is dipping

People are scared

It's nice to remember how positive this year has already been and what's to come.

Big thread 👇

▪️MicroStrategy and @michael_saylor DCAing like a boss
▪️@tesla bought $1.5 bil
▪️PayPal offer buy/sell #Bitcoin

1/12 ▪️Argo Blockchain purchased 2 data centers to mine with almost all Hydro electricity
▪️Taproot activation begun
▪️Norways minister of climate hodls #Bitcoin
▪️BlackRock: "#Bitcoin is durable and will be part of investment arena for years"

2/12

1/
Long thread regarding the rumours of the US rushing out regulation regarding self-hosted crypto (#Bitcoin) wallets.

Talking from experience and how it played out with our regulator in the Isle of Man back in 2015.

https://twitter.com/brian_armstrong/status/1331744884856741888

2/
For the purpose of simplicity and to keep it on the experience we went through, I’m going to avoid “DeFi, smart contracts, etc etc” and stick to Bitcoin simply being withdrawn from an exchange.

Long @RayDalio & #Bitcoin Thread

Yesterday Ray one of the world's most respected investors made some negative, but unfortunately uneducated comments about Bitcoin. He did however say he may be wrong and he’s open to being educated, which is what we need to do, educate on Bitcoin 1.
For 10 years arguments against Bitcoin have been the same, yet Bitcoin has continued to grow its user base, infrastructure and value, despite the naysayers.
I feel we’re almost at the point where the requirement for proof is on the skeptics as to why Bitcoin won't work...