Nostr Web Client

I noticed that when I make a big deal about people buying #bitcoin for the first time #nonKYC, they are more likely to buy than if I say, "Just buy some on CashApp."

Something about telling people they can pull one over on their tyrant overlords seems to help the orange pill go down easier.

Here is my walkthrough process for new people:

1. Download Aqua Wallet

2. I send them 10k sats

3. Download Tor

4. Navigate to Robosats

5. Use your 10k sats as a down payment retainer to buy your sats

6. Keep stacking to 2-5 mil sats

7. Buy/Setup a Blockstream Jade

8. Send your sats into your newly created cold storage wallet but keep about 100k in Aqua wallet

9. Repeat 6-8

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Discussion

🍊💊⚡️🌽 1y ago

Download on iOS phone? Get to robotsats on tor on iPhone?

Bass 1y ago

onion browser and orbot for iphone

Bass 1y ago

If I were just starting out buying bitcoin in 2024 and didnt know what to do, chances are, I'd shoot myself in the foot and buy kyc sats before I understood the privacy implications. Because of that, I think purple pilling is going to be added to my process, cause robosats requires a retainer and I'm not rich enough to give everyone 10k sats. Get them on Nostr, make them stack zaps via POW while learning about bitcoin. Once they've stacked 10k zaps, then they can effectively use robosats without ever buying KYC. This is happening yall.

#grownostr #bitcoin

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Comte de Sats Germain 1y ago

Practical advice - added to public bookmarks

SuiGenerisJohn 1y ago

What payment method do you use on robosats because all of the payment methods available seem to require KYC and the seller of the sats could be keeping track of that information no?

SuiGenerisJohn 1y ago

The seller or the escrow coordinator

Bass 1y ago

I've thought about this, and I'd be happy for input.

Both parties put their money into robosats multisig for security purposes, however, If I am buying someones bitcoin in exchange for fiat trash, it isn't seen as a transaction by the kyc entity. It would simply show that I am sending some person $x and in the details, i can say anything i want from "gift" to "thanks for the nuclear weapons boss". They also have in person and check options, but the turn around time is anxiety inducing. In fact, you don't even have to have bitcoin setup on cashapp to use it to send people money for this.

SuiGenerisJohn 1y ago

Understood let me give an extreme example however. A Fed plants himself on robosats and sells bitcoin to folks and only accepts cashapp or some other kyc'd source of funds. He can then match the transactions to the real identity of the buyer through legal process aimed at the source.

Lethal Lee 1y ago

What crime has been committed though in that scenario?

stache 1y ago

Aw hell no!

I’m not buyin sats from that f*cka anymore😂🤣

Bass 1y ago

Great point. I've wondered whether the sins of the person who gives me sats could in some way affect me, but me sending a potential murderer money via cashapp still has no direct link to my bitcoin (I believe). If they hold a gun to the guys head and ask him to divulge the identities of random lightning users, what info does he have? A fed, could pose as a seller once they have my cashapp information, and send me dirty coins, but lightning and liquid do a good job of mixing the trail.

Don't get me wrong, I don't think I have it all figured out. I'm just trying to process through the best viable options. Open to correction or info.

SuiGenerisJohn 1y ago

No, I get it. This is all worth thinking through. My point is the anonymity could potentially be confounded where the source of funds is kyc and if a fed or informant 's goal is just to aggregate lists of people attempting to buy anonymously, i would be thinking about that. I dont know this for a fact but I dont think its illegal to buy anonymously (yet), at least in the united states *not legal advice any of this* but I wouldnt be surprised if law enforcement is collecting this information anyway for future purposes. But the separate issue of dirty bitcoin is another thing all together that is way over my head.

Bass 1y ago

Here is a list of payment methods from Bisq, another nonkyc p2p exchange that has similar payment options. It gives a good pro/con list of the options:

https://bisq.wiki/Payment_methods#Payment_method_guides

I have some lingering anxiety over a personal face to face that went sideways locally (which caused me to close up the local btc meetup I was hosting). My threat model was affected significantly by that experience so this is the best of both worlds 😅

SuiGenerisJohn 1y ago

As price goes up we all have to adjust security accordingly and I agree, there is zero chance I would bring cash or thing of value to meet a stranger who might be hoping im carrying my entire wallet with me around my neck like a tard.

nobody 1y ago

Monero fixes this ;)

Bass 1y ago

lol, yes, but with some tradeoffs I'm not willing to overlook for the sake of added privacy. If push came to shove, Monero offers a viable out, which I'm sure will only become more solid overtime. Until then, I will hold the most valuable asset.

nobody 1y ago

#Aqua wallet is not a real lightning wallet. It uses BOLTZ as backend to swap to liquid. If the app is not open when the payment is received, the payment will be stuck in a BOLTZ node for a few - 24 hours. It will eventually fail (and you will be able to issue a new invoice) or it will succeed and you will receive the payment. Either way, your funds are safe, but it's a hassle. Warn the newbies :)

#WOS #WalletofSatoshi is the way to go.

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The Big D-Base 1y ago

#STACKZAPS