Helping run OpenSats Bush Bash Japan organizer: bushbashjapan.fyi 🇦🇺 🇯🇵 4M - Multi-sig, Multi-jurisdiction, Multi-vendor, Multi-entropy

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4M Multi-sig - more than one signer Multi-jurisdiction - kept in different places Multi-vendor - from different vendors Multi-entropy - using different forms of entroy That's the gold standard for self-custody.
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America’s corporate governance system is broken, and it’s killing public companies. Look no further than Cracker Barrel: Decades of brutal mismanagement have seen one incompetent CEO after another walk away with a massive paycheck while customers and actual shareholders take a beating. Why does this keep happening? Because proxy advisory firms like ISS are corrupt. They blindly rubber-stamp failing boards year after year, protecting the corporate elite while burning shareholder value to the ground. The root of the rot is index funds. There's no question that indexing one's money is a smart financial move for most people. But just because you passively index your investments doesn't mean your corporate votes should be handed over to the managers of your fund so they can play politics. Right now, passive funds hold massive, unchecked voting blocks while having zero skin in the game themselves. It is time for a simple rewrite of the rules: We need to index the votes of index fund investors. Passive index funds should be forced to automatically split their votes to proportionately mirror those of retail and active institutional shareholders — the people actually doing the research, risking their capital, and fighting for performance in the companies they hold shares in. No more rubber-stamping. A change like this will immediately strip corrupt gatekeepers like ISS of their toxic influence. True accountability happens when lazy, overpaid boards actually answer to the stakeholders they represent, rather than screwing them over. Actual, logic-driven governance when your money is passive happens when your vote passively follows the voting decisions of the actual market. We need to stop letting passive capital protect active incompetence. By stripping index funds of their arbitrary voting power and empowering engaged investors, we will finally torch corporate cronyism and usher American capital markets into a golden age of capitalism.
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GM ☕️
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We went from "spam will ruin everyone's ability to run a node" to "get a real computer" super fast.
This was never about protecting the user's ability to run Bitcoin on low compute hardware. It was about control. Protecting decentralization was their argument, now the mask came off: they were always trying to become the center.
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5 cents per metric, congratulations @glassode that's a whole new level of greed if you consider paying for that, just point your AI to bitview.space : it's free forever, with no tracking, no rate limit, and even more data
Your AI agent can now buy Glassnode data. x402 pays from your @coinbase balance via Coinbase for Agents, or your USDC wallet. Try : "Use Glassnode data to tell me if the Bitcoin market is overheated" glassno.de/451fVoR
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“On one side was Google, the big name, the fancy offices, all of that. On the other side I could work on Bitcoin, which I found both technically fascinating and genuinely important.” - @danielabrozzoni opensats.org/blog/developer-…
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“A global decentralized protocol should also have a broad and decentralized base of people who understand it deeply enough to maintain, review, and challenge it.” opensats.org/blog/developer-…
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"Finding the floor" a rough set of slides tracing the search that led to the rarity meter, coinflow, extended cointime, and bedrock frameworks and models floor.bitview.space
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We are grateful to @OpenSats for their grant in support of crucial onion service features and improvements!
The @torproject and WireGuard are two major projects supported by OpenSats. Our impact report takes a closer look: opensats.org/blog/open-infra…
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The @torproject and WireGuard are two major projects supported by OpenSats. Our impact report takes a closer look: opensats.org/blog/open-infra…
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If true, and especially if this is becoming routine, very troubling. Curious what lawyers/law profs would do in this situation. SCOTUS has never weighed in on this practice. Thoughts, @OrinKerr, others? teddit.net/r/GlobalEntry/s/B…
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Nym21 has been an OpenSats grantee since December 2024, with his grant renewed in July 2025. That support lets him work on the Bitcoin Research Kit full-time and keep it free to use, verify, and self-host. opensats.org/blog/developer-…
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i dont think votes should be public otherwise board members can be easily pressured like you are trying to do right now without betraying the trust of my other board members, the social pressure campaign to force seedsigner funding hurt more than it helped opensats is not perfect, nor will everyone agree with funding decisions, but we will continue to improve, and i think we have shown strong results i make no money from opensats, it is a volunteer board seedsigner should apply again
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We are expanding our Bitcoin Stewardship Commitment to support @OpenSats' Red Team Fund, which backs researchers red teaming critical Bitcoin software. This joins our ongoing support for @bitcoinpolicy on sound Bitcoin public policy and @bitcoinbrink on open-source Bitcoin development. AI capabilities are advancing rapidly, making vulnerabilities in Bitcoin software easier to find and exploit. Bitcoin’s defenders need access to the best available AI models and the compute required to use them at scale, helping them find and fix vulnerabilities before attackers can exploit them. We are grateful to @Rob1Ham, @callebtc, and the broader Bitcoin Red Team for their critical work to date. Protecting the network that underpins our most important asset is prudent long-term stewardship and part of our fiduciary responsibility. For additional context, see the @Strive Bitcoin Stewardship Commitment:
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OpenSats published a post today on how they're structured, and it's worth reading. Their post, "Avoiding Single Points of Failure," lays out the organizational principles they built the institution around. No benevolent dictator, majority and supermajority vote thresholds on a nine-person board, 100% passthrough with the operations budget funded separately, volunteer board and volunteer committees, bitcoin-native treasury in geographically distributed multisig, and a no-shortcuts-no-exceptions application process that treats every applicant the same regardless of reputation or relationships. Every one of those design choices addresses a real failure mode. The supermajority threshold on structural changes means the institution is hard to redirect from within. The passthrough model means the fundraising imperative does not distort grant decisions. The bitcoin-native treasury means there is no bank relationship to pressure. The uniform process discipline means the institution cannot quietly route preferred applicants around the queue. I have been direct about the problems in Bitcoin's development funding landscape. Fairness requires being equally direct when something is working. OpenSats is closer to what a solution looks like than almost anything else currently operating at their scale.
OpenSats has allocated $36,688,950 USD to free and open-source projects and sent ~41.9 billion sats to 426 grantees in 40+ countries. Our guiding principles keep us focused and efficient. 🧡🌐 opensats.org/blog/avoiding-s…
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OpenSats has allocated $36,688,950 USD to free and open-source projects and sent ~41.9 billion sats to 426 grantees in 40+ countries. Our guiding principles keep us focused and efficient. 🧡🌐 opensats.org/blog/avoiding-s…
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If you're contemplating getting set up with Unchained, taking action within the next few days will simultaneously support @OpenSats bitcoin security research. Helping a friend get started via our new referral program is another way to contribute to this initiative.
Unchained is invested in a robust, secure bitcoin ecosystem. Through the month of August, for each new Unchained client we will donate $50 to @OpenSats to support open-source bitcoin development and security research.
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Had a great time meeting everyone in Hong Kong as well as enjoying amazing roast duck. Happy to be back in Japan - feels like I could sleep a week.
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