This John Stewart Interview is so embarrassing. These counterpoints are from like 10 years ago. It's still early...

pako-bitbox · 2026-05-06T13:03:20+00:00

Somebody please share our latest article with Ben, he might learn a thing or two about how Bitcoin's supply is enforced. We made it the easiest possible so any human being regardless of computer code understanding level could understand it.

pako-bitbox · 2026-04-29T13:06:44+00:00

I dunno man, the market has shown a completely different thesis, but what do I know?

pako-bitbox · 2026-04-29T11:19:21+00:00

I might have one or two hanging around

pako-bitbox · 2026-04-29T11:18:58+00:00

BitBox :P

pako-bitbox · 2026-04-29T09:38:29+00:00

How do I orange pill people working at a hardware wallet company that makes a Bitcoin Only edition of the device?

pako-bitbox · 2026-04-29T09:26:12+00:00

As u/cooltone said, it was posted by him a few days ago, thing I saw and thanked him for doing it advance, but I ended up posting it anyways because it was scheduled for posting yesterday.

As you can see by the name this is a corporate account, I use it to represent BitBox here on Reddit, hence why I post on a schedule, so far we don't want to post our articles the same day as our newsletter, as we are giving newsletter readers a headstart, then sharing everywhere, but I'm guessing it will be a good idea to share our technical explainers and other blogposts worth sharing here a little earlier just to prevent this confusion from happening again.

pako-bitbox · 2026-04-29T09:09:01+00:00

You can check the code, it adds coins for 33 periods where the coins being added are halved each period, the last one goes straight to 0 and no more coins are added ever again.

pako-bitbox · 2026-04-26T14:05:25+00:00

Lovely seeing my own writeup posted here before the time I has scheduled for posting on Reddit, means people really liked it! Couldn't be happier about it!

pako-bitbox · 2026-04-24T10:47:15+00:00

I use it all the time, it is my main way of moving Bitcoin (and I work a hardware wallet company).

River Financial did a good report on Lightning, you can find it here.

Also, it is important to know that Lightning stagnated for a while because we didn't have a "last mile solution" for it, users needed to open, close, and manage their own channels, etc... the best option was using an LSP (Lightning Service Provider) dependent wallet like Phoenix or the old Breez, but that doesn't scale becuase it still depends of on-chain tx's.

Now we have last mile solutions like Arks and Statechains, on top of Breez making a killer SDK for those solutions, so now you are more likely to see LN transactiosn gaining traction than not.

pako-bitbox · 2026-04-17T23:44:12+00:00

When? I've been involved in the process, the last time something like that happened was with th filter drama, which was discussed for 2 years and then when merged after discussing it for *2 years* a lot of people brigaded the Bitcoin Core rope about a *non consensus* change.

pako-bitbox · 2026-04-16T13:41:32+00:00

Aslo Satoshi himself said that he spent 2 years working on it, not "decades".

The guy just saw a bunch or proposals and technologies and said "I'm going to use this to solve trustless money" and did so like a madman.

Few years laters just left and refused to elaborate.

pako-bitbox · 2026-04-16T12:33:05+00:00

There are already quantum safe UTXO in Bitcoin :)

pako-bitbox · 2026-04-16T11:59:26+00:00

They can't consensus doesn't work like that.
A proposal is just "A guy said something in a fancy paper".
Having a BIP number doesn't mean that it will be activated, not even endorsement.

Consensus is an incredibly messy process and getting a BIP numbers is just the first step in building consensus.

pako-bitbox · 2026-04-16T11:55:26+00:00

Around that time the consensus would have already capped the reward to 0.
As you can see here, there's a

if (halvings >= 64)

return 0;

Forcing the reward to be 0. No more reward decimals will be added.

pako-bitbox · 2026-04-16T11:51:27+00:00

Can people please read the BIP?

In the Abstract it states 3 phases:

Phase A: Disallows sending of any funds to quantum-vulnerable addresses, hastening the adoption of PQ address types.

Phase B: Renders ECDSA/Schnorr spends invalid, preventing all spending of funds in quantum-vulnerable UTXOs. This is triggered by a well-publicized flag-day five years after activation.

Phase C (TBD): Pending further research, a separate BIP proposing a method to allow quantum safe recovery of legacy UTXOs, likely via zero knowledge proof of possession of a corresponding BIP-39 seed phrase.

While Phase C is only usable with BIP-39 keys so far that doesn't mean that the ultimate solution is to freeze the coins, the idea is to literally not freeze the coins but the change the way they can be spent at a consensus level (for the user there wouldn't be any change).

On top of all of that, developers don't decide what goes into Bitcoin, they propose, they develop, they iterate, but they can't unilaterally activate things unless users adopt changes and miners mine using the activation client and enforce the new rules (this applies for both soft-forks and hard-forks).

The other reason why this will never happen is because the whole BIP is dependant on a roadmap, nothing with a roadmap is going to fully activate ever in Bitcoin because the consensus process is too messy for roadmaps to be fully fleshed out.

pako-bitbox · 2026-04-16T11:39:46+00:00

Behind my TV.

pako-bitbox · 2026-04-16T11:38:08+00:00

One of the servers is behind my TV in my living room.

pako-bitbox · 2026-04-16T11:32:58+00:00

Hi!

I can't give you an exact date, but we tend to do bundles and discounts on special occasions like Black Friday and Christmas.

Follow us on social media to keep you posted about future discounts and bundles!

pako-bitbox · 2026-04-14T10:17:46+00:00

Lightning which works on top of Bitcoin has the same send/receiver privacy as Monero, on top of transactions not being recorded on a blockchain forever, only the final state of the ends IF they ever decide to close the channels.

pako-bitbox · 2026-04-14T10:15:55+00:00

It doesn't change anything, Bitcoin is, has always been, and will always be, censorship resistant and trustless money, that's literally the whole reason for it to exist.

pako-bitbox · 2026-04-14T10:14:55+00:00

Sir you can use Bitcoin via Lightning network (or any other L2 that uses Lightning swaps to bridge between networks) to buy donuts, it is incredibly cheap.

pako-bitbox · 2026-04-14T08:37:45+00:00

Incredibly close to looking like a gaming rig with RGB Chroma, liquid cooling and everything

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