sachin

https://www.btcbreakdown.com/

Contributing to the Bitcoin Breakdown newsletter

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nostr.bitcoiner.social

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Last Notes

2026-02-14 21:54:01 UTC

Issue #470 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-470

2026-02-13 14:08:14 UTC

Issue #469 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-469

2026-02-12 14:32:09 UTC

Issue #468 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-468

2026-02-11 15:33:08 UTC

Issue #467 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-467

2026-02-10 13:44:41 UTC

Issue #466 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-466

2026-02-09 15:33:02 UTC

Issue #465 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-465

2026-02-08 14:09:33 UTC

Issue #464 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-464

2026-02-06 13:37:56 UTC

Issue #463 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-463

2026-02-05 14:43:23 UTC

Issue #462 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-462

2026-02-04 13:48:19 UTC

Issue #461 of Bitcoin Breakdown
Btw we've stopped paywalling issues older than a day. Older issues can now be viewed by everyone.
https://www.btcbreakdown.com/p/issue-461

2026-02-03 14:03:02 UTC

Issue #460 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-460

2026-02-02 14:38:18 UTC

Issue #459 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-459

2026-02-01 04:54:32 UTC

Issue #458 of Bitcoin Breakdown
https://www.btcbreakdown.com/p/issue-458

2026-01-30 16:39:38 UTC

Issue #457 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-457

2026-01-29 17:10:03 UTC

Issue #456 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-456

2026-01-28 12:51:16 UTC

Issue #455 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-455

2026-01-27 13:40:15 UTC

Issue #454 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-454

2026-01-26 14:54:07 UTC

Issue #453 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-453

2026-01-24 19:28:40 UTC

Issue #452 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-452

2026-01-23 13:25:10 UTC

Issue #451 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-451

2026-01-22 15:14:24 UTC

Issue #450 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-450

2026-01-21 13:37:46 UTC

Issue #449 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-449

2026-01-20 14:57:10 UTC

Issue #448 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-448

2026-01-19 14:28:07 UTC

Issue #447 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-447

2026-01-17 20:51:25 UTC

Issue #446 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-446

2026-01-16 16:04:27 UTC

Issue #445 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-445

2026-01-15 12:16:24 UTC

Issue #444 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-444

2026-01-14 20:57:41 UTC

Issue #443 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-443

2026-01-13 14:31:50 UTC

Issue #442 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-442

2026-01-12 15:47:21 UTC

Issue #441 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-441

2026-01-11 10:05:14 UTC

Issue #440 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-440

2026-01-09 19:03:26 UTC

Issue #439 of Bitcoin Breakdown is out
https://www.btcbreakdown.com/p/issue-439

2026-01-07 15:51:59 UTC

Issue #438 of the Bitcoin Breakdown newsletter is out.
https://www.btcbreakdown.com/p/issue-438

2026-01-06 13:53:23 UTC

Issue #437 of the Bitcoin Breakdown newsletter is out.
https://www.btcbreakdown.com/p/issue-437

2026-01-05 14:34:22 UTC

Issue #436 of the Bitcoin Breakdown newsletter is out.
First one of the year.
https://btcbnews.com/436

2025-12-19 18:11:49 UTC

Today was the last daily issue of the year from the Bitcoin Breakdown newsletter. We're taking a short breather till Jan 5th, 2026 after publishing almost every weekday this year with very few days missed.
A few stats from 2025:
•335 posts
•809.3K words
•6.5M impressions
•51.0% open rate
•Subscribers: 29.4K → 39.4K
•Where people are reading from: USA (85.8%), India (6.5%), Canada (1.3%), and everywhere else (6.4%)
Bull or bear, I expect the next year to be as eventful as this one.
I'm glad that we maintained consistency and a Bitcoin-only focus, featured diverse viewpoints within the ecosystem, and covered quite a lot news, opinions, media, tools, projects and updates related to Nostr and freedom tech.
While we take a breather, a rebrand and roll out of new features are in the works, to better serve the Bitcoin-only crowd with the goal of sharper delivery, tighter formats and more signal.
There's also been internal conversations about dedicating more attention to Nostr, after having our Instagram and Facebook accounts suspended.
Overall, having looked at headlines, media, opinions, tools and projects that's come out of the industry this year on a daily basis, I must say that it's been a brilliant year for Bitcoin.
Bitcoinisation of the world continues, block after block.
Thank you for reading!
If you haven't checked out the newsletter yet, you can do so here:
https://www.btcbreakdown.com/

2025-12-18 23:07:19 UTC

A great point from Hoppe's 'Theory of Socialism and Capitalism':
A state cannot hope to lengthen its subjugation and thievery if it tries to dip into all the production arenas of an economy. That would mean eventual rebellion or gradual decline of the economy it depends on for its parasitic survival. Thus, it has to, as a necessity, pick and choose carefully the endeavours that will extend its lifespan.
Which is why the states that define 'strategic sectors' and stick to regulating, monopolising, capturing and expropriating those alone have a higher chance of survival.
Such parasitism can also yield better or worse results. It's not a given that the policies of parasitism will always achieve their goals.
It is about finding an equilibrium of terror such that those prone to withdrawing their consent are outnumbered and out-capitalised by those who do consent.

2025-12-18 21:45:20 UTC

Calling grassroots initiatives, community hubs and co-working spaces for Bitcoiners as 'Bitcoin Embassies' is really cool
https://www.bitcoinproducts.com/bitcoin-embassies

2025-12-18 21:31:46 UTC

More attention/scrutiny/review/consideration for the LNhance proposal would be cool.
The features it would enable on Lightning would be great to have, even if it takes 5-10 years or beyond.
https://lnhance.org/

2025-12-18 21:02:48 UTC

If I'm not mistaken, Lightning Labs has implemented static addresses for Taproot assets before they did it for normal bitcoin transactions on LND
https://image.nostr.build/bba719c56fd55f13643a5f0ecdfdcc6a075b8792c7a0327f3f0a7e53c05ec8f0.jpg

2025-12-17 19:48:28 UTC

'There can be no socialism without a state, and as long as there is a state there is socialism.'
- Hans-Hermann Hoppe

2025-12-17 16:16:46 UTC

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Idk I remember something that was annoying me about the show. I got it spoilt for myself on purpose and decided to skip.
P.S. I consider Rothbard's books to be death notes for the state 😂

2025-12-17 16:14:05 UTC

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I can relate to this. The smells were reminding me for a while but over time my mind forgot about it. Not like I feel sad or mad about my past. But it's always healthy to move on.

2025-12-17 16:09:51 UTC

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😂
I stopped watching this show halfway through

2025-12-17 10:52:32 UTC

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Lol
But I think this applies to one's natural scent, right?

2025-12-17 00:02:42 UTC

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It's a matter of stacking sats, getting rich and buying perfumes to bathe in then
Stack sats, smell better 💪

2025-12-17 00:01:09 UTC

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If you want it to be, yep

2025-12-16 22:54:45 UTC

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Hotter places probably have worse smelling people because of the sweat

2025-12-16 22:15:42 UTC

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Goodness
I didn't know it was that bad over there

2025-12-16 22:12:57 UTC

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Next step after curry is to make Biryani

2025-12-16 21:20:11 UTC

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People here wanna move to the west for a 'better life'
I'm like wtf are they even talking about
High taxes, poor property rights, hectic surveillance, credit and consumption over savings and capital formation, healthcare that rugs you, education that indoctrinates you, politics that alienate you, regulations that bankrupt you, culture that despises families. It's really not that different. It's all the same with fiat.
I guess it smells better there.
Maybe it's all about the smell in the end.

2025-12-16 21:12:45 UTC

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Smell better, stack sats
The Indian Bitcoin way

2025-12-16 21:11:07 UTC

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Rugged

2025-12-16 21:00:17 UTC

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Wut
Not even empty unused plots?

2025-12-16 20:59:02 UTC

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Oh shit, is it?
I'm a poor stinky Indian who can't even afford a toilet or shower
I withdraw my bid

2025-12-16 20:56:27 UTC

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Don't insult my gifs 😤

2025-12-16 16:43:12 UTC

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YakiHonne slapped on a GIF button and I can't stop using it

2025-12-16 16:42:31 UTC

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Not if I buy all of them at 4
https://media4.giphy.com/media/UmnWEKDFoPmcZHmwFl/200w.webp

2025-12-16 16:40:08 UTC

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That's v v cool

2025-12-16 16:39:47 UTC

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Bruh did you just ok boomer me 😵

2025-12-16 12:11:58 UTC

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Nice!
So when it's Marmot compatible, I can chat with Whitenoise users from XChat, right?

2025-12-16 12:06:26 UTC

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The 40 hours per week of bitcoin podcast meme might start to lose relevance already

2025-12-16 12:05:18 UTC

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So I'll see you at the bottom with my buy orders then 🫡

2025-12-16 12:03:59 UTC

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'Dealing with terrorism' is often used as a justification for state action
But state action also leads to terrorism.
It seems like a never-ending vicious loop, which can be broken if property rights are made the basis of political conversation.
But apparently that's too utopian 🤣

2025-12-16 05:06:50 UTC

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There are differences in the languages we speak (but you'll find a lot for overlap in that with those that live in the north of India), religions we follow and state monopolies we endure
People attribute most conflict to the second difference but the real cause of course is the third

2025-12-16 05:03:23 UTC

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Yeah that's well-put
It's a shame that devs and tech folks, like Bitcoin++ organizers, think nobody watches their stuff and decide not to invest much in production of better quality videos.
It's difficult to discover them or share them as well as a result.

2025-12-16 04:58:18 UTC

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Best response to when a non-bitcoiner asks 'what happens when price goes to zero?':
https://video.nostr.build/4c707b7642e1ced1613f05a8f510ed8c7bea1fe5048493e73bebab8b91239696.mp4

2025-12-16 04:46:06 UTC

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Oh no, my apologies if you thought it was referring to you or your suggestion.
I was just talking about my own preferences. Will check out the episode you shared if I get the time 👍

2025-12-16 00:21:45 UTC

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Same. It's only citadel dispatch or some dev discussion/talk nowadays for me. Strictly the chilled out ones who aren't up in arms about everything.
I don't want the political, macro, markets or economics stuff anymore. I rather just go to some lecture that will break down the basics and draw my own conclusions.

2025-12-16 00:15:21 UTC

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Price crashes to the bottom - I'm in it for the technology
Price keeps crashing below the bottom - I'm in it for the principles

2025-12-16 00:12:39 UTC

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I've always wondered whether people in the west could differentiate between sub-races in India
We must all look and sound the same to you guys lol

2025-12-15 23:13:10 UTC

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Would be very cool if you stream on Nostr too!

2025-12-15 23:12:00 UTC

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Indians reading this
https://media3.giphy.com/media/GaajuigdqXDbb51Zhd/200w.webp

2025-12-15 23:09:45 UTC

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Would be great if they can find the price manipulatooors while they're at it

2025-12-15 23:08:03 UTC

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Yeah I meant technical theory lol
Still haven't gotten around to dev'ing
https://media2.giphy.com/media/VEsfbW0pBu145PPhOi/200w.webp

2025-12-15 23:05:55 UTC

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YahiHonne has it
https://media2.giphy.com/media/WmkqburJqXziM/200w.webp

2025-12-15 22:55:20 UTC

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And technical conferences/conversations are about preserving your sanity in a bitcoin maxi world 🤣

2025-12-15 22:53:13 UTC

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Ser did you just call me a supporter of prostitution?
https://media3.giphy.com/media/de0xIgxhZgAXJbKGNd/200w.webp

2025-12-15 22:50:54 UTC

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What did I just watch 🤣

2025-12-15 20:07:28 UTC

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Zeus

2025-12-15 11:23:07 UTC

BTC++ Taipei Day 1: Main Stage Talks – Sovereignty & Privacy
https://www.youtube.com/watch?v=cd-0fG3nwmU

2025-12-14 21:07:33 UTC

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You mean avoid vibe coded stuff?
Is the a better discovery tool he can use?

2025-12-14 20:19:03 UTC

I think these are decent links to share with people who want to get an overview of Nostr at the moment.
If anyone has better links, please share!
#nevent1q…aau4

2025-12-14 20:16:54 UTC

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I'll drop some links here that can help you with your research.
For an overview of the Nostr ecosystem:
https://github.com/aljazceru/awesome-nostr
The following two links can help while checking out NIPs:
https://nostr-nips.com/
https://nostrhub.io/
For tools (clients):
https://nostrapps.com/
Also, for a list of 'big tech' alternatives on Nostr, check this out (click on each logo to reveal the respective competing clients):
https://noalt.app/

2025-12-14 19:54:39 UTC

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On top of this, Zeus also has on-chain functionality and a built-in swap interface, so you can move your sats on-chain from lightning and back, without having to alter your existing channels. All within Zeus.
The wallet giving you the option of choosing from a list of swap providers is an added bonus.
#nevent1q…57mv

2025-12-14 19:26:51 UTC

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If you're exploring Nostr, you'll be able to find people who share your interests here:
https://following.space/

2025-12-14 09:08:01 UTC

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😂😂😂

2025-12-14 03:39:01 UTC

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#nevent1q…79tt

2025-12-14 03:38:19 UTC

I wasted time to make an argument that arguing about CBDCs is a waste of time
🤣
#nevent1q…79tt

2025-12-14 03:35:39 UTC

I'm not losing sleep over the FUD about CBDCs.
It's a waste of time to even talk about them. They are basically government shitcoins.
Development and promotion of privacy-preserving tools can be more enthusiastically done from a position of excitement about what these tools enable for people using them, rather than from a position of extreme fear and depression.
It's a bit of a stretch to think that the 'programmable' CBDC Rupee will ever be used by the wider Indian public. Even if it does, to think that it would become widely accepted like normal Rupees is a 'Bureaucratic Man Fantasy'.
In Bitcoin terms, It's like saying that people would prefer using monkey JPEG NFTs as money over sats.
CBDC's are analogous to shitcoin projects like all the others we're used to seeing - but created and hyped up by governments and bureaucrats who want to seem like they are technologically aware and score brownie points from their superiors, or with a lust for power over fellow men.
All hype, no substance.
There are whitepapers and research papers, announcements, announcement of announcements, vague timelines, very little details about how they will be implemented or conversations about whether the theoretical promises are economically and technologically feasible.
All of the above would seem like familiar signs of something bitcoiners would very easily identify as shitcoin scams.
Like for most things, moral or ethical arguments are not necessary.
Economically, CBDC Rupees would be less saleable than normal Rupees.
If you can't spend Rupees and exchange it for the things you want, then they're not money. They act more like more corporate reward points one wouldn't use for serious monetary purposes, like salary receipts, savings, investments and employee payouts. Its monetary function is limited to certain purposes.
That alone would be enough for people to not use it as money.
No matter how 'uneducated' a person is, he'll be smart enough to know that a normal Rupee he can transact using UPI, cards, physical cash, bank transfers is just better.
If these programmable CBDCs are mandated for universal use, i.e. if every Rupee is in fact made non-fungible at any point, that would kickstart the death of the Rupees as a monetary good.
Other monies will slowly start proliferating. This is kind of bullish for Bitcoin and other competing currencies to the Rupee.
The existence of massive civilian gold and silver reserves, stablecoins, Bitcoin and thousands of shitcoins means that this death would be accelerated.
Historically, like almost every widely used monetary good today, the Rupee has its origin in the market.
A Rupee literally used to mean silver coins of a certain weight. Some king just created the standard, which the market accepted because it was a convenient way of using an already widely used monetary good.
Even after transitioning to a paper money standard through private banks issuing notes, redemption in Silver was still possible. The paper money would have been used because redemptions existed.
Even after legal tender laws crept into the market through the British government monopolizing monetary issuance, redemptions existed and were mandated.
This redemption was later changed to Gold, which didn't affect the Rupee's usage because Gold was also widely used like silver.
The RBI, India's central bank, came much, much later, removing redemptions and transitioning to full fiat.
This also did not affect Rupee usage because its monetary function - to act as a medium of exchange, the only real monetary function that matters - has not been fundamentally messed with.
CBDC Rupees, if implemented in a way that makes the Rupee non-fungible and less saleable, destroys its core monetary functions.
That's why it's a terrible idea to implement it if the goal is to 'make the Rupee better'.
If one is serious about making the Rupee better, he'd advocate for redemptions in Gold and Silver (Bitcoin in our case) to be re-introduced and mandated by law and for the RBI to be abolished as a monopoly issuer of Rupees.
Gold and Silver remain insanely popular among those serious about preserving their wealth. Civilian holdings of them would far outweigh any amount any government in the world has accumulated or hopes to accumulate.
One can argue that CBDCs are 'gaining traction' and point out these 'pilot programmes' that seem to never become wide-scale rollouts.
Firstly, these pilots were made mainly for targeted subsidies.
I don't think subsidies and freebies are good ideas if the goal is to help a certain and I don't advocate for them, but it makes sense that the govt would use a CBDC for those purposes because people getting the handouts in fungible money would tend to use them whatever they want to. So the arguement would be that this is being done to avoid 'wastage' or 'leakage'.
Secondly, the recipient of the CBDC unit would obviously get it as 'normal' rupees since he would receive it via UPI to his bank account. The CBDC unit then becomes a normal, fungible unit of Rupee that can be used for whatever he wants.
Despite all this, one can definitely find enthu cutlets being patriotic and using it out of some misplaced love or fear of the Indian government and everything it does.
These people are like shitcoin bagholders who promote their bags to people relentlessly, all day every day in the hopes of gaining some sort of value or reward from it.
Bitcoiners, Gold and Silver bugs will know that they're just opening themselves up to a life of poverty and serfdom. That's their choice. Not necessary to judge them.
I'll finish with a general argument in Rothbardian terms:
It might seem for an observer that 'power', or rather the people who occupy the machinations of power, i.e. the state, have the ability to manipulate, shape and subjugate the 'market', or rather the people who comprise the spontaneous order of the market, in any way they want.
But the reasoning person will understand that power exists at the mercy of the market in reality.
Always has and always will.
There is a threshold beyond which power cannot handle market pressures. Its fragile foundations will crumble and die.
That's why every State throughout history has had an expiry date.
And that includes the ones that exist today.
A CBDC would simply prepone that expiry date.

2025-12-12 22:53:15 UTC

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Conferences, podcasts, news sites, newsletters and grassroots initiatives would be nice-to-have categories
And categories arranged in some way, for eg, alphabetically, would be cool!

2025-12-12 21:32:10 UTC

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Awesome, thanks! Been checking out Nostria ok web in the meantime as well. Seems cool!
Mobile app seems like it's early days. And it looks like it's a PWA as well. Is it a temporary thing or are you going in that direction long-term?
Also, hope you guys submit APK's on Zapstore so that I can get the latest releases!

2025-12-12 20:33:03 UTC

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Regulations and taxes do put an upward pressure in prices and a downward pressure in quality.
Both have a tendency to make companies immune to market pressures and vulnerable to political pressures.
This is why I believe we won't see a 'deflationary utopia' that Jeff Booth describes even on a Bitcoin standard, as long as we have governments.
But then he does say that there's a tendency for prices to fall in the *free market*, which cannot exist as long as there's a government with a territorial monopoly on violence.

2025-12-12 03:18:31 UTC

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'All property is theft'

2025-12-11 23:21:18 UTC

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The second
The idea is to be able to read all the replies to each note before going deep into the thread to read further replies.
Like how reddit does it basically

2025-12-11 21:01:16 UTC

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There's a client that does that:
https://gittr.space/
Also for Kanban:
https://www.kanbanstr.com/

2025-12-11 20:08:04 UTC

MKBHD says Oneplus 15's battery is so good that it can handle his heavy usage for multiple days
But can it handle Amethyst, YakiHonne, Whitenoise and Primal always running in the background connected to Pokey for notifications, Amber for signing and Citrea for storage with persistent LND and always-on NWC on Zeus for zaps without blowing up?
If it can last one whole day, that's the pinnacle of mobile battery performance.

2025-12-11 19:43:51 UTC

What's likely coming to LND in the first quarter of 2026 (if not, probably a couple of weeks after that)
Interesting stuff in here
https://github.com/orgs/lightningnetwork/projects/17/views/1

2025-12-11 19:39:32 UTC

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Are they collapse-able and expandable though?
That would be HUGE

2025-12-11 19:07:06 UTC

I wake up everyday and scream at the sats in my self-custodial wallet for being institutionally captured, moving away from its cypherpunk origins and being apparently relevant to be traced
They just sit there and do nothing, and I get even more annoyed and enraged like I'm supposed to, like a good little psyop-consumer