Big Barry Bitcoin

https://big-barry-bitcoin.npub.pro/

Big Barry Bitcoin - Bitcoiner, pleb, developer, enthusiast, 👎💩coins

Check out my nostr blog! https://big-barry-bitcoin.npub.pro/

Public Key

npub1pktmatjk0l8vn3jhfuwxaasjd65kn4ye9sce3egup7k993f8fg2q5tpxa6

NIP-05 Address

BigBarryBitcoin@Nostr-Check.com

NIP-57 Address

noshitcoins@minibits.cash

Profile Code

nprofile1qqsqm9a74et8lnkfcet578rw7cfxa2tf6jvjcvvcu5wqltzjc5n559qpp4mhxue69uhkummn9ekx7mqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduw8am08

Publishing to

nos.lol

relay.damus.io

Author Public Key

npub1pktmatjk0l8vn3jhfuwxaasjd65kn4ye9sce3egup7k993f8fg2q5tpxa6

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Last Notes

2025-03-16 10:04:17

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Still faster than ETH. 🤷‍♂️

2025-02-24 21:15:49

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My latest theory is that he is taking a page from Peter Schiff's book and eventually he will be more famous for dismissing and continuing to dismiss bitcoin than for his economic ideas.

2025-02-19 03:15:42

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#Amethyst: yes

2025-02-12 00:43:32

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I watched a video about this tech and it is less about obscuring your source to make things like YouTube and Netflix work better and more about getting through corporate firewalls AFAIK.

2025-02-07 14:36:44

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Yup, saw a big green candle and just rolled my eyes 😅

2025-02-07 14:23:58

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1.
Bitcoin only.

2025-02-06 21:31:48

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I mean, this implies "only when there is a disagreement", implying that when someone force closes a channel which naturally will have the amount that each of you agreed you were entitled to.
If you do a consentual close, then you technically get to pay less in fees, so you get back more than you would otherwise, and TECHNICALLY, you can agree to split it 10 ways just to confuse Blockchain observers, you and the partner are just making a standard multisig withdrawal.
Also, you can easily identify a forced channel close, but a mutual close will hide the fact that your channel was ever a lightning channel.

2025-02-06 21:26:38

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Until you close a lightning channel, the balance between you and your channel partner is private information.
When you close the channel, the funds need to be split between two addresses. So at that point it is known on the public Blockchain what the split was... 50/50, 20/80, 90/10 etc.

2025-02-06 18:14:45

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@nprofile…n6q3 you're being ludacris!
https://www.youtube.com/watch?v=imaXxDJqOpw
Keep giving good Derek lovin'.

2025-02-06 18:08:32

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My thought is make up a hashtag, tell your friends to post with it and and follow them, and then tell them to follow you.
Simples. 😋

2025-02-06 15:55:04

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Move fast break people.

2025-02-06 12:26:06

Entering your seed phrase to an internet enabled device is like leaving the keys to your house in the front door on the outside. #bitcoin

2025-02-06 10:59:22

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I... This makes no sense to me... Also it keeps moving, I need a tutorial on how to understand this.

2025-02-06 00:36:54

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Yup

2025-02-05 14:23:54

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How do you recover?

2025-02-05 14:22:29

This will probably not age well...
#nevent1q…46zu

2025-02-04 21:51:30

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I'm more surprised that my #Amethyst feed didn't turn into a photo gallery. 🤯

2025-01-29 11:02:49

@nprofile…4hxr I am listening to your pod with @nprofile…fk5y and you asked for someone to poke a hole in your theory that everything is deflationary.
I have the following thoughts. Happy to brainstorm this if you are.
1. You say Bitcoin is a measure of how deflationary everything is, however do you then reject the idea that "bitcoin is underpriced", and that bitcoin is still being adopted?
If either if those are true, then how do you identify how much of the growth is adoption and price discovery vs deflation?
(I am 9 mins in, so I suspect there might be further clarification in the video but this is my thought so far)
2. The MAIN thing that I am struggling with is the idea that anything can be infinitely deflationary. What is the chance that really what we are seeing is efficiencies in one area causing knock on effects to lead to deficiencies in another area?
To expand that thought and give a concrete example, let's say a new product comes to market. It is a new fruit that has such great properties, everyone is starting to want it in their diets.
Increase in demand makes more resources for that business and more resources mean that the company can invest in efficiencies.
Meanwhile, all other products like potatoes for example were cheap, but people cannot afford both potatoes and this new fruit. This will drive demand down, reduce resources, now the potato farmer must find ways to reduce the cost. People still need potatoes, they just can't afford both things that they need.
Potato farmers or their competitors produce cheaper potatoes using pesticides and other chemicals. This is a form of inflation, quality is getting worse.
Now the fruit industry is getting cheaper and people can afford both potatoes and fruit, but by now, the quality of potatoes is lower and it is uneconomical to grow quality potatoes because the existence of poor potatoes that seem to be "cheaper potatoes" only in people's eyes is always going to drive demand away and stifle such a business of quality potatoes.
Most things in reality is bounded by the laws of thermodynamics.
Doesn't it make more sense that efficiencies in one place come at the cost of another in a world where the money supply is fixed? Maybe not absolutely directly, as we can create processes and ideas that can have lasting effects.
What would happen if we ask whether things were naturally inflationary? Would we find examples of how things become harder to produce?
I consider a drop in quality to be inflationary. Where do you stand on that? Not every "change" is a drop in quality either, just to be clear.
But I wonder if things like producing quality olive oil cannot be improved further and scaled massively. Does this apply as an inflationary product, especially as demand would naturally grow with an ever expanding population.
I'll leave it there, let me know your thoughts and rebuttals. ❤️

2025-01-28 15:29:01

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Do you have a link to this on TikTok?
Sometimes posting nostr content to my friends doesn't resonate with them (even though I can't even see their stupid links because I don't have a TickTok account and nostr links are free to view with no login shields)

2025-01-28 15:23:36

I was chatting to someone briefly about Bitcoin yesterday and they mentioned, "oh yeah because it is good for money laundering"... To which I replied "you know it is factual that there is a magnitude greater amount of money laundering happening in banks compared to anything in Bitcoin right?"
But honestly, can someone answer me this?
Who the F has money laundering ever hurt anyway? Why do people feel like it is such a clear cut immoral thing to do?

2025-01-25 17:10:44

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Well, that's true of the shitcoins that he is considering putting into his stockpile so... 💩
The media don't know the lingo, they think bitcoin and crypto are synonymous. Fumb Ducks! 😅

2025-01-25 17:07:48

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That last pin is wrong... All other pins are before the new year, this one is after.

2025-01-25 17:04:48

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Woop w00p.

2025-01-25 17:04:16

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There it would be a job, here it's just fun.

2025-01-25 17:01:56

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I have an X account. Never applied to get a checkmark, but never did it here either. I have never received a single penny from X.
I think you have to be a big shot or some influencer to get paid there.

2025-01-25 17:01:02

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I'm a tinkerer. It's what I do.

2025-01-25 13:48:16

Feels good to earn sats just by using social media.
🤑🤑🤑 https://video.nostr.build/dba5ceb3f8afc7a618c40b232b2d42a69fa3b9f02ee29e1c746e70fd8acb9011.mp4

2025-01-23 03:12:54

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But if you do set up a wallet, you can earn them.
Here's a guide by @nprofile…n6q3
#nevent1q…cac2

2025-01-23 03:03:45

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The headline benefit of their wallet is that by collecting that data, it enables them to offer you the ability to top up your wallet using your bank money.

2025-01-23 03:00:46

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This is a primal specific thing. They let you set up your own wallet and link it using a lightning address, but they provide this feature as a default in order to help newcomers get started quickly.
Those who wish to withhold the information asked will either find another solution or simply not set up a wallet at all, but this gets more people on board in general.
Those who are more into privacy are more into putting in work. Fortunately, Primal gives you the option to choose, but other clients just force you to do extra work to set it up.

2025-01-22 15:36:10

#Asknostr
Can somebody break down and explain what this is and why it is useful? 🙏
#nevent1q…u9x2

2025-01-22 14:15:11

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Yes. Because they are not "your" bitcoins, they are bitcoins and I will make you share them with me even if it means starting multiple businesses to convince you to do it.

2025-01-21 22:51:46

Ugh! You all really made me do it!
https://cdn.nostrcheck.me/0d97beae567fcec9c6574f1c6ef6126ea969d4992c3198e51c0fac52c5274a14/5ecbcec988917be479a4bcc36ec46bc50be01b755113f9f934134590dbf12005.webp
#nevent1q…xffz

2025-01-21 13:59:02

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Looks like you have one set up with @nprofile…y63v. 🚀

2025-01-21 00:47:23

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Some shitcoin company using Trump's name did that. But let's see how everything else plays out.

2025-01-20 17:27:54

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Oh and talking about real world harms, the war on drugs has reportedly cause way more harm and his website showed that in a competitive market, poor quality drugs are hard to come by while less harmful cuts of the same drugs flood the market and responsible use is encouraged.
When will someone take the fall for all the harms that the government has done with all of their ideas and experiments? Why do they always have the last say on these things? How much is then "doing their best" vs being absolutely malicious and why can't an entrepreneur have an idea and "do his best" if he has good intentions?

2025-01-20 13:31:56

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I name this: "stable currency" 🎨

2025-01-20 13:28:53

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I heard something about clients blocking relays... Is that out of context?
I know it had something to do with spam, was the relay malicious?

2025-01-18 01:31:11

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https://cdn.nostrcheck.me/0d97beae567fcec9c6574f1c6ef6126ea969d4992c3198e51c0fac52c5274a14/fe3dc5b5a39d90319b750f12824133b9820d78e581a9fe707b285567854d2803.webp

2025-01-18 01:30:18

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Lovely thumbnail.

2025-01-16 16:29:50

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Datacenter got hacked? Too bad your PII as well as a whole bunch more people's is now public.
Which is worse?

2025-01-15 15:11:04

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You can already keep the video playing in the background so if you don't need visual aid, you can listen and keep scrolling.

2025-01-12 21:21:13

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/r/nocontext
😬

2025-01-10 14:29:03

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Are you saying that insurance won't be paying out for the recent fire damages in CA?

2025-01-08 04:06:24

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And then he posts a JPEG 😅.
I think someone else was having this issue with primal. I guess that's what you are using?

2025-01-08 03:36:17

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I don't see that...?
Which artists? Maybe they transitioned to making songs for the American markets?

2025-01-08 03:03:05

@nprofile…pyug I have been trying to "private" DM @nprofile…4lrd and it feels like since Dec 28th, none of them have gone through and they even disappear when I come back like a day later.
Any idea what would cause this?
I even hit the broadcast button to get it onto other relays and it still disappeared.
🤯

2025-01-07 16:52:03

The FUTO keyboard works really well now. It does autocorrection, swipe typing, and it no longer fights with #Amethyst anymore. 😁
Will be using it as my daily driver from now.
Available on @nprofile…tdq0, is it possible to get a sharable link or nostr id for it that brings you to zapstore?

2025-01-07 03:39:27

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Do you recall what categories of products it was limited to or what it prohibited?

2025-01-04 16:48:27

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#Amethyst, click the radio looking button at the bottom, see the note discovery tab on top, now you can see a list of algorithms to choose from.
Top 10 popular posts
Top posts from your follows
Etc.

2025-01-03 20:58:24

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Ev-er-y-one

2024-12-31 23:50:25

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NaN

2024-12-28 00:17:11

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This is considered true for anything that is public on the internet. Especially when the internet archive was in its prime scanning and copying everything it could find on the public web.
The key difference here is that the content is signed. We see screenshots of tweets and archived copies of content, but how can we ever know that the data/screenshots are genuine and undoctored? We must trust that the copies are genuine and that the re-publishers are honest and unwavering in the face of pressures to doctor their data.
With Nostr, all content is signed. As long as we know a person's npub, we can always verify copies of nostr content and prove that it is data created by our person of interest.
This means that if someone wants to twist our words, run a smear campaign, or wants to hide their words by denying their own content, as long as we can find copies of the original content, we can know what is real and what is not.

2024-12-27 19:13:10

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Lock to pubkey is not the same.
You need to send the ecash to the mint and have them reminted. I was thinking if there was a cheaper (smaller payload) way of doing it.
Still the idea of having support for comms over LoRa or USSD (whichever is better in a particular region) is a small incremental cool idea either way.

2024-12-27 12:25:28

GM. I was thinking about ecash and how we could ever have double spend resistance. Here is my train of thought.
Even though Bitcoin transactions can be signed and handed offline, the blockchain is necessary to prevent double spends.
1. In cashu, you give me something. Great.
2. I still need proof that you didn't give this to someone else.
3. We need a central trusted source of spends as anonymous as possible.
3. Machunkura has "offline" payments using USSD
4. LoRa is also an interesting messaging mechanism for small messages.
Key word here being SMALL messages.
What information would we want sent and to who?
Possibly sending to the mint is a good idea, we already have their ultimate trust.
Could we hash the cashu token and lock it to ourselves with a small key or password or hash of a password?
If you attempt this and the token is already locked, you get "immediate" notification to reject payment.
The hashing idea is my attempt to reduce the payload but it might be a silly idea 😄
You couldn't hash multiple tokens together because the mint wouldn't be able to lock an individual cashu token if it were hashed along with other tokens together. So it wouldn't be effective at preventing double spends for offline users.
Curious what anyone else has thought about regarding this topic.
#ECASH #CASHU

2024-12-26 12:40:12

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Ooh, how about posts made by your most interacted with followers in the last 4h but anyone with more than 1 post only has their last post shown and an indicator lets you click to see the rest so you can see everyone else's posts before you dive in.

2024-12-23 09:25:57

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The one gripe I have with it is that if and when Block goes under, you gotta sweep to another wallet because now:
1. You are in a 2 of 2
2. It is unlikely that the app/account will transfer to a new phone anymore
3. Social recovery is non-existant as it actually relies on Block servers to work (for some unexplained reason)
4. The only thing left is your recovery kit and you better use it before you lose any of your keys now.
I can't call this long term for that reason.

2024-12-18 16:46:50

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I'm torn. I am both of them at the same time.

2024-12-18 16:45:23

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Fumb ducks everywhere.
https://image.nostr.build/b4c74f70428292bf520bb7ebfaf86e12ea611c7810fef8688ada94688b49d7b7.gif

2024-12-17 14:57:23

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I'm torn... this looks very AI yet it has been cryptographically signed as authentic... fuck.

2024-12-14 18:08:05

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Cashu is custodial. The mint has the keys, the mint owns the bitcoin. It is a bank and has custodial risk.
However, cashu offers seamless perfect privacy. The mint knows nothing about who has their tokens, how many, or what anyone's balances are.
That privacy means that they can only ever rug everyone or no one. They can't selectively rug you alone.
Also in terms of receiver privacy, when you receive payments over lightning, you usually expose a node id. With cashu, that node id is used by you and potentially hundreds or thousands of other people. You're hidden behind an unknown and potentially massive anonymity set.

2024-12-11 14:34:49

@nprofile…4lrd did I just get mini rugged?
I think this happened because I installed an update while it was finding and trying to claim zaps.
I think they are gone forever?
https://image.nostr.build/658f41c32f6137dfb5f9ea16bc732db5ce5a0e1f261a5e6786c8a5e5133f5599.jpg

2024-12-10 00:50:16

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Let's be clear:
1. The introduction of quantum resistant Bitcoin addresses does not require you to change your seeds.
2. If quantum computing does break some cryptography, then people may need to start creating and moving funds to new wallets.
The key word _may_ is because there are multiple layers of protection here.
Quantum computing is not magic, it has limitations and we don't yet know any theoretical way to break the different protections in Bitcoin.
Between a private key and a taproot address there is:
- RIPEMD-160 (A hashing function)
- SHA256 (Another hashing function)
- Secp256k1 (an Elliptic Curve Cryptography ECC function)
Possibly other functions too that are non reversible.
There is hashing: I've heard that sufficiently powerful quantum computers could potentially find collisions and "break" the hashing used in Bitcoin.
However, this does not mean you can REVERSE a hash. You might find the word "hello£+*" is a collision for your bitcoin address, that doesn't mean that "hello£+*" is your public key... Being able to find hash collisions doesn't mean being able to find collisions that are also valid public keys. Not only that, but if quantum broke one of the hashes (e.g. SHA256) doesn't mean it will break the other.
Now if these were broken completely, then an attacker could find your addresses public key, but not the private key behind that. You also always reveal the public key each time you spend anyway. This is one of the reasons why you should never reuse addresses.
Then we have the ECC algorithm. Again, I don't believe there is a theoretical way to break our specific algorithm, but there are theoretical ways to break many ECC algorithms so I think most people are talking about this when they say Bitcoin is not quantum resistant.
It is also mixed in between the hashes anyway so breaking just this doesn't allow a quantum computer to go from your public key to your master private key.
MAYBE it could reveal a specific address's private key, but not your other addresses.
Bitcoin is pretty quantum resistant and it's used of hashing is one of the main reasons. But if we had to overhaul everything because all of the functions were found to be completely broken and then we built a powerful enough quantum computer, then yes: you'd need to create a new wallet and move all your funds.

2024-12-09 13:40:37

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Yes exactly. But he never could come up with a way to do it.

2024-12-06 11:08:00

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So... objectively threema then?

2024-12-05 21:28:03

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The F is INGSOC?
I agree. But I assume the people in the countries where the banks are distrusted are not recommending KYC. So who are you talking to exactly?

2024-12-05 13:19:07

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I don't think this is fair, but maybe the people you are talking about are more lazy than me.
Firstly, I always go for the non-custodial wallet at first if I can. I don't have time to wait for you to sign up for an exchange and wait 48h due to regulations.
But the problem is that most people would rather jump to the "where do I go to buy it myself?". They don't want to sit with you, they want some homework that they may or may not do and walk away.
The other thing is what do you recommend? I would personally recommend robosats for starters and bisq for larger buyers, but it is always disheartening to see people behave like any small extra steps they need to take is too much, while if a regulated company asks for their first born, they'll happily ask where to sign.
How much of the risks do you explain? You should never mention bitcoin in the reference when sending cash to another peer. Worst case, you get yours and your peer's accounts closed. That is scary AF.
In the UK, robosats is super unpopular, but in the EU it's great. So if you have Wise or Revolut, its easy to get you on KYC-free bitcoin, but if not, its not so easy and then you get questions like "why am I doing things that are controversial here?"
As simple as it sounds to show someone to use the objectively most frictionless way to buy bitcoin, it is subjectively more friction for most people and you find yourself trying to radicalise this person in order to convince them that giving away your personal and private information is not frictionless and using anonymising tools is a reusable skill that is hollistically much more frictionless.

2024-12-05 00:10:33

Porkbun now uses Coinbase's Commerce payment processor.
What is a good privacy preserving domain registrar that I could move my domain to that accepts bitcoin (over lightning ideally).
> Paying with Bitcoin
>
> To pay with Bitcoin, you'll need to use your Coinbase.com Bitcoin balance. Bitcoin payments from third-party exchanges and self-custody wallets aren’t supported.

2024-12-04 16:21:53

An interesting question on Reddit. (I'm permabanned and cba to create another account since they seem to be able to track if you create another account even when using VPN)
> Stealing your wealth no matter what
You buy bitcoin, price goes up, you sell the bitcoin for a profit. Government takes 30 or 40% of the profit through "realized gains tax". Since the whole point of investing in an asset like bitcoin is to prevent them from stealing your wealth via inflation of the fiat currency, it seems like "realized gains tax" is just the government saying "F*** you, we are going to steal your wealth no matter what."
>
> I know there are loopholes that rich people with expensive lawyers can use to get around this stuff, so it's really only hitting the poor or those who are unknowledgeable.
>
> Am I missing something here?
The only thing I'd mention from a practicality point of view is how much do you lose in Capital Gains vs in inflation?
CGT is typically about 20% but it varies based on your country and laws.
It is also 20% on the profit only, but let's assume the worst.. you were forced due to lack of documentation to report your cost basis as 0 and you made no profit.
Then you lose 20% of your wealth when you withdraw.
But if you keep it in cash, you make no profit and lose 10% per year compounding. Assuming real inflation of 10% per year.
After 2 years you lose 21%, after 3 years you lose 33%.
So you only need to hold for 3 years to guarantee that you suffer less losses than inflation.
The government will take, but a logical mind will identify how to legally reduce what they take from you while staying within your risk tollerance.

2024-12-02 19:49:38

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How did you justify this? Would love to hear about the considerations. I get you need to have a connection to your node, but then does this also apply to "on the phone" instances where we have no other channels... so you can't rebalance through us.
❤️

2024-11-29 19:52:38

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On GrapheneOS, It seems that if I don't watch the apps download, if I switch to doing something else, it will just fail to download and install anything. I think it kills the download and then it needs to restart the download from scratch.

2024-11-28 22:55:15

Was having a deep conversation with a friend tonight and he raised an interesting thought... in the chart below, the things that are deflationary are mostly "things" while the things inflationary are mostly services.
https://image.nostr.build/8a19fe85dd7a57d9b39f50e1aebd55adc48259acd0467b39c245505ce3875338.jpg
What does this imply regarding the idea that inflation makes things more expensive? Does it make "things" more expensive or just services? Does housing mean houses or cost of being housed, like rent, gas, electricity, etc?
Does this make you question anything you believe?

2024-11-28 00:04:07

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@nprofile…pyug? https://image.nostr.build/95eb2d4f5cf002b93dc9c18bdd8983e3fd7e7bbf461e5aa631d22b9a96f07158.jpg

2024-11-28 00:02:50

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Hmm, wonder what all that noise was I got when copying text then?

2024-11-27 09:50:07

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Block 3.

2024-11-26 10:05:37

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Bitkey is pretty simplified. The tradeoff:
1. They can surveil you (but they can't steal from you)
2. If the business goes under, you will need to be able to follow some technical instructions to recover your funds to a new product.

2024-11-25 12:33:15

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I don't understand this perspective. Edits are clearly shown as edits, you can always see original, and it provides a compact yet expressive way for us to acknowledge and clarify our mistakes rather than appearing not to care.
Spamming is just spam. @nprofile…c9z9 may have been the inventor or co-inventor or founder or whatever of #Nostr, but he is not immune to spamming.
I don't honestly see the issue, I follow him, I click the edited button to see his original message, I move on.
If it is the size of his posts, I'll say it again. Spam is spam.

2024-11-23 09:32:34

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Wait... that's just a 20 second video on a loop.

2024-11-21 14:21:01

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Who made this? I want to zap them.

2024-11-21 00:01:20

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I think in a moment where you feel angry or dismayed, you naturally want to put blame on anyone but yourself. So you will believe that "they must do what you want", but once you cool down, you have the opportunity to reflect.

2024-11-20 15:43:56

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If it is even just a wick, will you call it and end it or must it spend some minutes or hours above?

2024-11-20 00:01:04

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One of my favourites: https://www.youtube.com/watch?v=ojXxuibPLp4

2024-11-19 15:45:32

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Ask your wife what she's training him to say behind your back... sounds like she's making fun of you (in a fun way) 😄

2024-11-18 16:55:09

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Your project is indeed unique and welcome. An open source project is not free to produce, develop, lead, work with contributors, etc. and I honestly don't see how the two products compare other than in looks.
You put in work and you should be rewarded. I hope that NVK has only a specific issue (maybe the name) and that this can be addressed sensibly.

2024-11-17 01:21:06

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Fun fact: even without that miner who chose to forfeit his block reward, we would never reach 21 million because of the way halvings work.
We always drop the last significant bit in the number which is equivalent to halving the number but also rounding down to the nearest satoshi.
That means the total we could have ever mined was 20,999,999,999,9769,0000 satoshis.
See the proof:
https://nostrcheck.me/media/0d97beae567fcec9c6574f1c6ef6126ea969d4992c3198e51c0fac52c5274a14/bdf9d4690352c19f779e67a3af0681f6a22fe3cbcd5eeb171fabfcea5b935a63.webp

2024-11-17 00:41:28

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Fortunately bull runs are short lived so you are inconvenienced only a little of the time and you can probably just end the loan early to avoid issues.
Fyi, maybe its changed, but another thing that killed me was that the terms did not allow you to pay down the loan partially... it was close the loan or keep it open or add more collateral. No paying down some of the debt to improve the LTV.

2024-11-17 00:37:35

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I think GBP is new, I had an account already and used it to b2x last bull.
One thing to be mindful of is that a drop like the one in 2020ish (end of last bull) can completely wreck you.
They have a reasonable LTV but Bitcoin can and will eat your lunch if it wants to. It scares people like my friend. It set me back and humbled me too.
I think timing is important but it's the inverse of "selling high"... you should stick to bear markets and maybe the beginning of a bull run but never in the middle of it.

2024-11-16 22:50:57

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How would you get the GBP? USDT to USD to GBP? Any recommendations about platforms/exchanges?

2024-11-16 22:49:13

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I refused to add a him/he anywhere... it was never sensical and to pretend it was ever "to be kind and inclusive" felt ridiculous. It's like saying everyone should walk around naked to show inclusiveness to nudists.
Fortunately I never got any direct pressure to do so, but seeing collegues do it in slack and emails did seem to put a weird uncomfortable pressure, like peer pressure, but the fact that it feels like a chore always overrode that pressure. Go lazy gene! 😅

2024-11-16 22:38:46

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o.O

2024-11-16 22:38:29

#asknostr #bitcoin
Asking for a friend, a hypothetical with round numbers...
If someone were to sell bitcoin that is in cold storage for ~£100k after some more pumps to buy something, like home improvements: extension, loft extension, landscaping a garden etc...
What way would you recommend doing it?
- Taking a collateral loan is both difficult in the UK and way too risky.
- p2p exchanges: not sure what issues you could face and whether to be concerned about bank account terminations if they suspect something or ask what the money is from and you say bitcoin (also you'd be doxxing the buyer as a bitcoin owner). Also how many trades would you need to make and is there a size of trade that is just too dangerous?
- Exchanges: will the bank block large transfers FROM an exchange? I hope they'd be more lenient towards deposits compared to withdrawals from your bank account. Also is £100k too much?
- OTC: what is it, can any pleb use this or is it a gentlemens club?
- Other options?

2024-11-15 11:30:51

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Some people don't test their shit. Let me know if any of this rings true.
Most apps have a hard time detecting QR codes in certain conditions:
1. There is no white border, a few pixels thick around the QR code
2. It is using "dark mode" so the blocks are white and the background is dark
3. There isn't much contrast or it is using fancy colours... black and white, just do it plain.
4. There is dirt on the screen or the digital screen looks a bit fuzzy on camera.
If you can, use your native camera or a qr scanning app and check what it reads, you should be able to copy and paste whatever it says into your favourite wallet.
If it isn't a long random looking string of characters beginning with lnbc..., then report back, that's gonna be an interesting thing to explore further.

2024-11-12 14:16:22

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This is the same for everything. If there are no schools near or accepting, how can this person expect to educate their child.
Opportunities must arrise and people must take those opportunities. You don't know what you don't know so it is indeed hard for people with limited access to knowledge and resources to progress.
Some will never see opportunity, which is unfortunate and some will never take opportunity, but it doesn't mean bitcoin is not for them.
Even without them discovering bitcoin, the economy will get better as more people invest in and then use bitcoin, as they deprogram themselves from the free money ideologies they have and as people become more charitable because of it.
Time is a silent killer for people today, but over time, the benefits outweigh the individual benefits.

2024-11-12 14:04:09

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Plebs must do it for themselves.
There are people dismissing Bitcoin in the poor class, in the middle class and the upper class.
There are people gambling in all classes and there are people learning and applying themselves in all too.
Bitcoin isn't a get rich quick scheme, unfortunately that is what it will seem like to everyone else but the studies will get it.
Bitcoin incentivises you to learn how to live beneath your means, improve your situation, it motivates you to save.
It does this because you finally have access to something you can save in, that isn't guarded by red tape requiring you to have a stable salary, that has a logical reason to keep its value and you understand why your money today sucks.
The wealthy will get more wealthy, but the poor can lift themselves past those who gamble and ignore.

2024-11-12 13:50:25

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Both. Bitcoin is for your neighbour and for your enemies alike.

2024-11-12 13:48:48

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What is intrinsic value, what has it, and why is it something you care about exactly? Does the dollar have it? Is the dollar speculative? If not, is anything else not speculative? Was it well known that covid was going to cause massive inflation? What non speculative asset do you save with to avoid going down with the ship? Do you think your government officials are going down with the ship also?

2024-11-12 01:33:10

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...but qrencode

2024-11-11 00:42:05

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I wasn't critiquing the 24 word split, just trying to answer the "does it give extra security hit" 🫂
No need to stipulate 👍

2024-11-10 21:13:23

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People shouldn't have this kind of reaction: rising up or curling into a ball, for a result of a vote. Especially one for a two party corrupt either way system.
If the votes were proven to be rigged, sure. If a war were started or even instigated or fuelled, sure, but not this. This, whether you like it or not, was the result of democracy. It is what a large percentage of your fellow citizens wanted.
This is the result of so much divide and extreme belittling between parties.

2024-11-10 12:15:49

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Yeah, multisig offers the ability to spread trust across multiple hww, but conversely, it kind of mandates it too. If you are gonna use a single device, with MAYBE the exception of seed signers.
If you were gonna do it all on one device, then what's the pojnt of it? You're bringing the keys into one place, and even if not, you're bringing the keys onto one device.
The main benefit to seedxor for me is that you never lose entropy, or better said, the entropy is only ever as low as the lowest entropy key.
As an example, if I have a random key and xor it wjth 11111.... then if you find the random key, then you are way more than half way there. Conversely if all keys are properly generated, then even if you have 2 of 3 of the 128bit keys, you still are 0% of the way to finding the final answer.
Get me? Like if you have a 256bit 24 word phrase, and split it into 2, 12, and I find the first 12 words, I'm half way there. I only need to brute force 128bits.
If you have 3 128 bit keys, and you find 1 of them, you have nothing, you still need to brute 128 bits... if you find 2 of 3, same, brute 128 bits. If you had 0, brute 128 bits.
Plus each key is valid, checksum and all. So you never even have any clue how many parts there are.