Bitcoin Custody Rules Have Changed | Michael Tanguma SLP763

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.

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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Wore the “Bugle News” red shirt in Vegas

Hugs are underrated

Next year hug inbound!!

When details on the Sasha Vegas run?

Is my fountain subscriber working now?

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Flair espresso maker is a manual plastic free(in brewing chamber, not overall) and sub $400 option. Great shots and durable af

Need that Vegas event to happen again this year

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2026 prediction: in 2025 Mike Brock was only teetering. 2026 will bring his real crash out.

BANGER

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Quantum is a fake and gay VC scam until it can factor a random three digit integer. Until then my young kids are smarter.

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Continued love from the Seattle crew

Great rip!! 🫡👍🏻

Mid and upper models of Flair Espresso maker are plastic free in the brewing areas and around $400-500. Tradeoff is it’s manual but that is just more proof of work. Pair with a metal hot water kettle and you’re all set.

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Great vibes

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Ordered more soap, love it. Enjoy having both cedarwood soap and deodorant.

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What is the use case for Arca versus an Umbrel? Umbrel for picture and non sensitive storage and Arca can save highly sensitive items like passwords or seeds?

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I worked for a year at a PE roll up of wood related business (wood pellets, chips, sawmills) AMA.

What if my month of supplies is all beans and rice because I’m trying to save sats? Still gay?

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French CTV 🤣🤣🤣

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The Palmer luckey game boy clone is AWESOME! Highly recommend

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Going to be a great summer!!!

Outro song is 🔥🔥

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Surge Credit is awesome and strictly superior to terrible lying Lava

Stop pushing lava it is a scam,

Came back and listened again after another assassination attempt on Trump. Fuck…

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BIP 361 is theft. Any incoherent equivocation to the contrary should be ridiculed. I’m fine with a new optional address format WITHOUT theft.

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Freeze = stolen Orwellian fake speech by suits

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With love to the lady from MIT, this is the most brain dead quantum take possible. There are so many quantum mitigation schemes and papers coming out that you cannot even realistically keep up. Saying that no one cares, no one is working on it, or not enough resources are devoted is absolutely insane. If anything I’d argue too many resources are devoted to a threat that has never demonstrated any physical scaling and is objectively dumber at math than a fifth grader.

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How many ways and times must we reinvent CTV with no advantages someone can succinctly explain.

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Bugle guest spots are the best

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Hero series has been awesome

🤣🤣🤣 Plebs segregating themselves is pretty hilarious

the core dev, lorinc, finding a critical consensus bug from sloppy coding in 110 was hilarious.

110 is an attack on Bitcoin. Doesn’t mean Core is perfect either.

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Bugle Vegas party this year?

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Listened again, 👍🏻👍🏻👍🏻

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