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Welcome to issue #103 of the Bitcoin Breakdown, where you still have time left to unlock a free one-month trial of our premium membership (no payment required to access the trial). Just click here and select the monthly option.

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OPSEC FEATURE ARTICLE

Best Practices for Online Shopping Privacy

Protecting your privacy and security while shopping online is more crucial than ever.

This week’s guide outlines essential best practices, blending operational security strategies with practical steps to ensure your online transactions remain private and secure.

Get free access to this guide via our free 30 days trial available here under the monthly option.

🏆 FEATURE STORIES

• Austin Campbell, founder of Zero Knowledge consulting, writes how Operation Chokepoint 2.0 ultimately harms innovation and entrepreneurship in the US fintech space and reflects a deeper technophobia among federal agencies (Aug 8 | 2 min read).

• Gerald P. Dwyer, Senior Fellow at the Bitcoin Policy Institute, explores the implications of politicians proposing a Strategic Bitcoin Reserve, weighing the potential benefits and drawbacks of the federal government holding bitcoin compared to selling its gold reserves (Aug 12 | 5 min read).

• Peach Bitcoin, a KYC-free peer-to-peer Bitcoin exchange, highlights the synergy between Peach and submarine swaps, showcasing how on-chain and off-chain liquidity solutions empower Bitcoin users to enhance privacy and flexibility in their transactions, while bypassing KYC requirements and minimizing costs (Aug 9 | 3 min read).

• Floppy introduces Octojoin which is a method for achieving Bitcoin privacy through UTXO swaps and silent payment addresses, allowing users to hide payment details and avoid the need for interaction between senders and recipients (Jul 14 | 4 min read).

• Marty Bent, a Bitcoin educator and freak, explores how the recent yen carry trade unwind and the Bank of Japan's rate hikes signal a looming global liquidity crunch, driving significant interest toward Bitcoin as a long-term store of value (Aug 8 | 4 min read).

• Lightspark details how the Lightning Network revolutionizes sending money overseas by offering near-instantaneous transactions with minimal fees, enhanced security, and increased accessibility, making it a game-changer for international money transfers (Aug 6 | 4 min read).

• Lyn Alden explores how modern corporate treasury strategies must adapt to the diminishing importance of balance sheets while highlighting Bitcoin as a potential solution for sustainable capital preservation (Aug 6 | 22 min read).

• Heritage Falodun, CEO of DigiOats, writes how Africa is embarking on a financial revolution as ECOWAS advances the ECO currency initiative, with Bitcoin emerging as a transformative alternative (Aug 6 | 5 min read).

• Jessy Gilger of Unchained Capital explores the advantages of using donor-advised funds (DAFs) for gifting appreciated bitcoin, highlighting their flexibility in charitable donations and potential tax benefits (Jul 22 | 4 min read).

• Bitcoin News publishes a feature on Tahini, a Canadian fast-food chain, that is revolutionizing the industry by combining shawarmas with innovative Bitcoin adoption strategies (Aug 8 | 6 min read).

• Jamie Redman of Bitcoin.com explores the latest and most advanced ASIC bitcoin mining rigs from top manufacturers like Bitmain and Microbt, highlighting their capabilities, cooling technologies, efficiencies, and profitability (Aug 12 | 5 min read).

• ICYMI: Joko of Bitbox warned back in 2022 that hardware wallets could be compromised by malicious manufacturers to steal your Bitcoin seed via nonce manipulation, but their Anti-Klepto protocol mitigates this risk by ensuring transaction randomness, especially relevant in light of the Dark Skippy disclosure recently (Nov 10 2022 | 5 min read).

• Che Kohler of the Bitcoin Manual explains how the Dark Skippy attack threatens Bitcoin security by exploiting vulnerabilities in hardware wallets through compromised firmware, enabling attackers to extract private keys with fewer transactions, while underscoring the importance of thorough security measures in Bitcoin self-custody (Aug 9 | 8 min read).

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🛠️ TOOLS & PROJECTS

• Speed Wallet introduces USDT-L on Lightning Network, offering fast, low-cost stablecoin transactions with enhanced privacy and security, making sh!tcoins even more redundant.

• Super Testnet, that prolific genius, releases Bankify, which turns any cashu mint into a lightning wallet with NWC support.

• B2P Central, a site aggregating bitcoin peer-to-peer offers, now includes RoboSats offers in its search results.

• PlebLab launches PlebTV, a platform similar to Netflix for Bitcoiners, focused on showcasing and preserving educational video content accumulated since 2021.

• PyBLOCK is a new not-for-profit solo mining pool charging a 0.4% fee and does not require registration/KYC.

• Stripe and Bitstamp announce a partnership to simplify the experience of buying Bitcoin for European users.

• ZEUS integrates its Olympus Lightning service provider into Lightning.Pub, enabling quick node setup and management.

• OP.NEXT, a technical and workshop-heavy conference exploring Bitcoin's next soft fork, will take place at the Fidelity Center For Applied Technology in Boston, MA, on Saturday, November 9.

• Cypher.space releases an initial version of its self-hosted, Bitcoin-only platform for setting up a free Bitcoin blog or web shop with value-for-value donation and checkout tools.

• A parody of the Bitcoin Whitepaper written using Gen Z lingo, gets published.

• Awesome L402, is a curated list of resources related to L402, a decentralized payment protocol built on the Lightning Network.

• BitAxe Supra turns sunshine into Bitcoin through Solar Mining.

• Alby announces two new Bitcoin Connect bounties with the first focused on implementing a currency selector in Bitcoin Connect, and the second to increase accessibility to allow usage of Bitcoin Connect with just a keyboard.

💥MEME BREAK

AFFILIATES & REFERRALS

• Bringin offers a secure platform for buying, selling, and converting Bitcoin to Euros, with direct transfers to bank accounts or virtual debit cards, featuring unique off-ramping options and preventing account freezes with dedicated IBANs for each user.

• Blockstream Jade is the best hardware wallet for you to take self-custody with—enjoy a 10% discount off of with code: BITCOINBREAKDOWN.

• Start9 empowers you to run your own Bitcoin node while also joining the sovereign computing paradigm, where concerns over privacy, censorship, hacks, and fees practically disappear—get a 5% discount by using the code: BITCOINBREAKDOWN.

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Until our next transmission,

Naiw

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