You’re going to make more money than you ever have in your life and somehow feel poorer than ever. Look at this. You make $65,000. You get a 3% raise every year. 5 years: $75,000. 10 years: $87,000. Sounds alright. Now look at the last 5 years: CPI: +22%. Rent: +28%. Electricity: +35%. Natural gas: +32%. Gasoline: +30%. Car insurance: +50%. Car repairs: +45%. Eating out: +29%. Ground beef: +55%. Coffee: +97%. Now just repeat the last five years twice. Your salary: $65,000 → $87,000. Your rent: $1,948 → roughly $3,200. Ground beef: $6.92 → roughly $16.60/lb. Coffee: $9.30 → roughly $36/lb. Car insurance more than doubles. Electricity up more than 80%. Maintaining the same car costs more than twice as much. And this is where it starts to hurt. You’re making almost $90,000, but maintaining the life you had on $65,000 is becoming harder. So you start compromising. Maybe you move somewhere cheaper. Maybe beef becomes chicken. You eat out less, keep the old car another few years, take fewer trips and put less into savings. Your standard of living just gets downgraded a little at a time while the number on your payslip keeps getting bigger. Like the frog in slowly heating water, each change feels small enough to tolerate until you suddenly realise the whole environment has become unlivable. You did everything you were supposed to do. You worked, got your raises and earned more money. You still got poorer. How long can this keep going before people stop asking why everything is so expensive and start asking what the hell is happening to the money?

A malicious user has likely gained access to Swiss Bitcoin Pay’s internal systems. As a precaution, we are temporarily shutting down our servers while we investigate and secure our infrastructure. At this stage, we believe they may have accessed customer email addresses, Bitcoin addresses and IBANs, transaction history, and hashed passwords. It is not yet clear whether any other information was accessed. User funds are safe, and any amounts owed to users will be fully returned. We do not have a reopening date yet, but we are working as quickly as possible to secure everything properly. We’ll be back stronger!

Join me in today's livestream: - Seed words & timestamps revealed - Revolut shares customer data - Other data breaches and exploits in the Bitcoin space 12:00 CEST (UTC + 2)

There is a myth that #xbt# (b2b) decision making is centralized. The community is open to newcomers and encourages debate. All decisions are made by voting and its not restricted. Only badgering nonsensical voices that are deemed nonproductive are filtered out, which is fine by me. It is not heavyhanded. Alphapool may or may not have had bad intentions but having such a high % of the hadhrate is itself an attack. The community is discussing and is continuing to evaluate the threat. The miners are vendors to the node runners, the network is permissionless for node runners. Its not meant to be fully permissionless for miners. #bitcoin# #b2b#