"I became convinced that Bitcoin was the real deal."
Adam Soltys is the developer of coinos.io one of the easiest solutions for someone to start accepting bitcoin payments instantly. Only takes seconds, and also does lightning and liquid seamlessly.
He started hosting Bitcoin meetups and getting local businesses to accept Bitcoin. Adam acknowledges that Bitcoin still faces challenges, such as regulatory pressure and attempts to control and censor it.
He believes it's up to individuals to resist these efforts and speak out against them. As the custodian of CoinOS, Adam takes measures to ensure the security of the funds and manages the balance between hot and cold wallets.
He has experienced attacks and exploits but continues to learn and improve the system. CoinOS started as a non-custodial wallet but evolved into a custodial wallet to address scaling issues and provide a user-friendly experience.
Adam sees second-layer solutions like Lightning, Liquid, and eCash as promising and believes that a mix of different solutions will be necessary to scale Bitcoin securely and self-custodially. In this conversation, Adam from CoinOS.io discusses the best path for developers to learn about Bitcoin and its codebase.
He recommends starting with Bitcoin Core and playing with the command-line interface to understand the commands and transactions.
He also suggests reading books like 'Mastering Bitcoin' by Andreas Antonopoulos and taking courses like Base58 to dive deeper into the technical details.
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Chapters
00:00 Learning About Bitcoin
03:07 Getting Involved in the Bitcoin Community
09:11 Challenges and Threats to Bitcoin
14:57 Securing CoinOS and Custodial Wallets
30:14 Learning about Bitcoin Core and its Environment
36:11 Getting Started with Lightning Network
38:48 Running a Custodial Service: Regulatory Risks and Open-Source Continuity
42:50 Bitcoin's Resilience to Regulation and Censorship
46:41 CoinOS: A User-Friendly Bitcoin Wallet for Individuals and Businesses
49:59 The Importance of Onboarding Merchants to Accept Bitcoin
54:23 The Future of Bitcoin: Bitcoin Circular Economies and Daily Transactions