Nostr Web Client

Get a life, seriously. Turning into a sect won't help the cause.

Your bitcoin is traceable by design, nothing can be done about that. You still need to move some funds on-chain to open a channel. That's the moment you're busted. Or your node operator, to start with.

I see posts about "no-KYC sats" here and there. Would that even be an issue which sats are KYC and which are not if the onion routing helped?

L2 "solutions" won't solve the problems rooted in L1. They are merely crutches. And crutches break over time.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

lightning's problem is its brittle network topology

the use of onions was specifically about reducing the chances of an attacker knowing the whole path, but for practical reasons the endpoints are not anonymised from each other

also, it's not a sect if you are chasing after the real thing, all cults are about a false goal, that is promoted by a person or group

monero sacrifices supply rate guarantees to get its anonymity and this is not anacceptable trade off

the fixed supply is far more important than the anonymity

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Discussion

Laeserin 1y ago

I suspect the wide availability and popularity of Bitcoin makes people forget how essential its design is to fulfilling the nature of money.

People view it as the commodity that it is and get bored and want to tinker around, but money should be a commodity. My money should be boring.

Code something else.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

and stop adding BIPs ffs!

jamw 1y ago

Yes. Losing sight of what sound money is and tinkering because you can is a ngmi approach.

RealJohnDoe 1y ago

WORD!..🧡😐

Luxferre 1y ago

The most boring money is called Tether. Really, if you pull your head out of sand, you'll see people use USDT-TRC20 for transaction convenience the most. Heck, I have some too (because fuck ERC20 with those fees). But will I use them for any serious business? No, I'll use Monero... or whatever will suit my privacy needs best at the moment, because I'm not a slave of brands and dogmas.

Saberhagen The Nameless 1y ago

"this is not an acceptable trade off"

*for you*

I always find this argument kind of funny. Other critical components of Bitcoin rely on cryptographic assumptions that would be catastrophic if wrong and you trust those. I never see you talk about those.

What about the downsides of having a transparent chain?

-Surveillance

-Non-fungibility

-Targeted mining censorship

You keeping up with the Roman Sterlingov case?

A common theme from many great minds that paved the way for the creation of Bitcoin placed ***great*** emphasized on "privacy", "anonymity", and "untraceability". Many Bitcoiners now ignore, don't know about it, or treat it as a side issue. They weren't arguing about "fixed supply" or NGU.