Compass mining.
Muun wallet.
Samourai.
Discussion
Not familiar with compass mining.
What happened with Muun wallet?
And how is what happened to samourai his fault? That team was based and the government is corrupt.
Compass mining fiasco was insane, a shit ton of people trusted his word & bought miners with them.
Everyone got Rekt badly.
---
He didn't actually do any DD with Muun, it was painfully obvious when feees went up & Muun rocked all their customers who tried to us their LN balance with insane fees which are up the whole balance because they weren't really operating a LN wallet.
---
He shilled Samourai which was operating a central dojo/node for people who downloaded the app without their own Dojo - further - he knowingly invested his VC money into them when they were clearly bragging about criminals using the service.
Samourai also was running a chainalysis company alongside those doxxed Xpubs from their centralized dojo - now the government has all that shit.
He leads people to the slaughter, more than welcome to keep simping.
I’m not going to comment on compass because idk anything about that
But he has publicly stated that Muun was not a lightning wallet and that there are tradeoffs. So I’m not going to blame him for that or agree that he hasn’t done any DD.
If you ran your own dojo then it wasn’t a problem right? Also I need some evidence they were selling data to chainalysis. I find that hard to believe. And what criminals were they bragging about? They are providing a service. If a criminal walked into your restaurant to buy food, is it a crime to serve that person? Government claims all kinds of people are criminals based on their own corrupt motives. Since when are businesses supposed to act as law enforcement? The real criminals are in DC. Would you prefer that they become compliance bros like wasabi and censor certain addresses?
My dude, they were collecting Xpubs & ran a chainalysis firm themselves called OXT which the government left up and running.
You can't guarantee that they weren't using those doxxed Xpubs to deanon the rest or if they weren't that the government won't be able to.
Good luck with that.
& he stated the muun stuff AFTER not before. So again....
& you can dig your head in the sand with compass but that one was the worst one by far.
Zero DD money grabbing Manlet who portrays himself as an expert but hes not.
Now he's leading all y'all to a non FOSS HWW in Cuckkite.
Good luck.
Wouldn’t the chainalysis help them figure out if the whirlpool actually works well? I think the xpub is a problem though. We’ll see what happens with the mixed coins.
If they weren't collecting Xpubs I'd be more attune to this take, but you're not erring on the side of caution and giving people you don't know the benefit of the doubt.
It's a dangerous attitude that has infected Bitcoiners in this last cycle.
It wasn't this way until the influencers started rising.
A lot of speculation right now. You could be right but… what if no one ends up arrested in the upcoming months as a result of all this? Wouldn’t that mean their service was secure and effective?
Why does that matter?
How are people using their Samourai Wallets today?
What did people have to do to clear their wallets?
Are they sleeping easy? Or are they considering that shit pwned by default due to the current situation.
The government can do nothing & still have all the relevant info just monitoring.
How long do you think the government was monitoring Samourai?
If Odell ends up in court because he knowingly invested into a company that claims that criminals use their platforms - that's illegal.
So many potholes, good luck.
His (and other's) warning about yield farming through Celsius, blockfi, etc saved me from getting rekt, so I do have a bias, but I believe he is a good faith actor and I appreciate his contributions.
I don't trust him any more than I trust anyone else on the internet. I learned the hard way years ago not to trust product recommendations in this space from ANYONE. At the end of the day you have to DYOR and take responsibility for your own decisions.
I don't think he's leading anyone to slaughter. I think there are too many lemmings following him and others blindly as a mental shortcut, and that's inherently dangerous.
Every single Bitcoiner warned about those firms, you had to be mentally ill to dive into that BS.
Easiest shit to see ever.
He's definitely leading people to products, intentionally.