Nostr Web Client

Disagree.

You *can* use conjoin if you want to, or have some important reason to, but the point of bitcoin IMO isn’t to be secretive about your wealth.

If you live in a nice house or drive a nice car, people will know you are wealthy anyway, and there is nothing wrong with being wealthy. You don’t need to hide it as though it’s something to be ashamed of.

The point of bitcoin isn’t to hide who you are or what you are doing, it’s to be able to be it and do it, whether or not people want to permit it or approve of it.

You want to hide it if the communists can otherwise seize it. But the point of BTC is that it’s not seizable by the communists and therefore defeats communism.

I see a lot of this “freedom tech” being touted as the ability to hide from he authorities, when instead I think the message should be it gives the power to be right in the sights of the authorities but they’re powerless to do anything about it.

The real fuck you isn’t, you don’t know who I am, it’s you know exactly who I am, and you can’t do shit about it. nostr:note1lr7cahh2mdsrpv3n3ftqw7nsuz3ql3r77z0y9k0f7raczky4hk4qy3hhv3

Legion XXI 2y ago

I somehow disagree with your disagreement. If you have a Bugatti and live in a mansion, no one really knows how much exactly you have. They might break into your house and rob some stuff or your car but most of your wealth is probably somehow protected, in banks, real estate and other financial third parties or instruments. Hard to get to those!

And while I agree that Bitcoin has the property of being unconfiscatable, you don’t want to be in a position where you are a target. There are stories from the UK, Canada and Sweden among others, where criminals broke in, tied down people for hours and finally got ahold of seed phrases, access to wallets, etc.

It’s easy to think we are all tough guys, ready to defend what’s ours (we should be!) but it might be a different story when you have a family to protect and a bunch of violent guys decide to pay you a visit.

Don’t wanna scare anybody with this, we should be out building community, spreading the Bitcoin wonders and teaching to those who are ready for it, but a little bit of prudence and privacy in managing your wealth should be encouraged.

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Discussion

Chris Liss 2y ago

Don't get me wrong -- I am 100 percent for prudence and not making yourself a target, but whether you have 20 million or 100 million dollars really doesn't matter to someone trying to rob you. You're obviously rich and have stuff they want.

And I'm not against coinjoining if you want to, only the ethos on this site that you should hide your identity to post anything, hide your interest in freedom tech and freedom money because otheriwse you're a target.

It's not really freedom tech IMO if you have to hide.

Also, why aren't people robbing Saylor? Because they assume he has a custody solution that makes him unrobbable. I think that's something to normalize too.

Legion XXI 2y ago

Correct! Or all the other prominent and very public Bitcoiners who are easier to meet than Saylor. Make yourself unrobbable with a custody solution that fits your case.