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Rabbit Hole Recap

RABBIT HOLE RECAP #415: AS IS TRADITION

By ODELL and Marty Bent

Aired Jun 25, 2026 · 57m · Last boosted Jun 27, 2026

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Show Notes

Coinkite Warns of Physical Letter Firmware-Update Scam https://blog.coinkite.com/paper-spam/ Camp Nakamoto https://x.com/campnakamoto/status/2069181607341170760 First StratumV2 Block Mined https://x.com/pavlenex/status/2070132430875267538 Law Enforcement and Catholic Groups Warn CLARITY Act Could Create Crypto Crime Loopholes https://bitcoinmagazine.com/news/law-enforcement-catholic-g… India | Frozen Account Leaves Savings Out of Reach In India, a man named Shiva spent years building a savings fund for his son’s wedding. The money came from small jobs and side work, carefully set aside in a separate bank account opened sp...

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Everyone who has boosted RABBIT HOLE RECAP #415: AS IS TRADITION on Nostr, ranked by sats sent, all time.

  1. BitcoinAndSpace2 21k sats
  2. npub1m0gm4…7lad 250 sats
  3. ₿ennett 100 sats
  4. btconboard #LNHANCE or #CTV 100 sats
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Love Nifty bringing the positive vibes grounded in real BTC progress
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Demanding 600 Bitcoin after you stole all of someone’s money is utterly insane
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Bro WTF? Everything about their theft is uncommon compared to white hat. You can’t steal and then extort, that isn’t how white hat works. There’s an inherent power balance where you’re “negotiating” with your victim of whom you stole their money. If I break into your house and steal all your shit, will you feel all good if I offer to give most back?
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If it doesn’t have in app unilateral exit, it’s custodial, period. This is not negotiable. If something is not implemented then it simply doesn’t exist for the average user. 99.99999% of Spark users don’t even know a CLI app exists let alone how to use it. Without local caching and unilateral exit actually implemented in the app and having hard dependency on operator cooperation to exit then it’s custodial. Listen I actually like Spark and think it makes reasonable tradeoffs in a world without covenants, but as it stands it’s a custodial product. Happy to revise this once we see an actual implementation of unilateral exit and more operators and LSPs, but it’s just the honest reality today.
100
If it doesn’t have in app unilateral exit, it’s custodial, period. This is not negotiable. If something is not implemented then it simply doesn’t exist for the average user. 99.99999% of Spark users don’t even know a CLI app exists let alone how to use it. Without local caching and unilateral exit actually implemented in the app and having hard dependency on operator cooperation to exit then it’s custodial. Listen I actually like Spark and think it makes reasonable tradeoffs in a world without covenants, but as it stands it’s a custodial product. Happy to revise this once we see an actual implementation of unilateral exit and more operators and LSPs, but it’s just the honest reality today.
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  • 21,228 via Fountain
    Hey guys, can you ELI5? With Stratum V2, how does an individual miner benefit from the pool's hash? After the miner constructs their block template, do they then submit it to the pool -- then the pool distributes the template around to some % of the pool's hash? Thx!
  • 100 via Fountain
    great episode name