Hey Nostr, what are your thoughts on Nunchuk as a non-KYC multisig solution?
Hahaha well if Eminem can do it, I reckon the POTUS can do it
Hang them by the neck.
Very bizarre. I almost wonder if it's a deep fake?
There's a pandemic?
Now this is how we change the world
We will indeed. And hopefully some of us will understand that it was all a deliberate distraction from the ongoing murder and theft.
1000 days left
If Western governments had any sense, they would fire up the printers and stack as much bitcoin as they can before everyone else finds out. Probably a few countries are already doing that ahhh beautiful game theory
This is true but if large mining pools are forced to censor transactions, it doesn't matter who or where you are.
I think about this a lot.
Bitcoin's open ledger means it has the potential for CBDC-style surveillance. But I think this is easily solved by using privacy protocols that already exist (lightning, cashu, fedi, Monero, coinjoins, etc). Thus the only people who might get trapped are those still holding KYC coins, and/or coins on exchanges or ETFs. Sadly I suspect that's the majority, but fortunately I believe enough people are already using these protocols that it's now trivial to hide.
I think a more legitimate threat is if mining becomes too centralised, then the large pools could be forced by their nation's authorities to implement censorship which leads to whitelists or blacklists, where, for example, any "anonymous" bitcoin (such as mentioned in the previous paragraph) is deemed illegal and prevented from transacting on-chain.
One counter to this is simply not transacting on-chain, but you'd need to be very well prepared in advance and would also need to be holding your stack off-chain. As far as I know, that's not really a good option just yet.
A more solid counter is game theory. By which I mean that there are many big players in bitcoin, including likely some countries quietly holding, who are interested in keeping their holdings anonymous and hence would not push for such regulation. Both on an organisational and an individual level. Remember governments are all just groups of individuals and any that understand bitcoin are very likely stacking already.
Another good counter is to push for more decentralising mining! Easier said than done, but at least there is growing awareness of this issue now.
Some small things we can do include home mining and simply continuing to educate those around us. Orange pilling remains tough but the low-hanging fruit here is educating existing holders about non-KYC and why it's so important.
Is that kind of what you were thinking about too? Very curious to hear your thoughts and what you think the risks are.
Itβs actually shocking how stupid this guy sounds when he talks about bitcoin. Pet rocks. Sex trafficking and money laundering are the only use cases. Satoshi will come back one day and erase all the coins. The government will have to βclose it down.β
And people actually trust him to run a bank? π€¦π»ββοΈ
https://video.nostr.build/a75e340e4128f139a42fcb486ec1dfeab5ab2585c9bd2fd1e25575e943dc5fa8.mp4
I don't believe one word of it. He just has to say all that because his career depends on the masses believing the same.
In fairness, it wasn't her intellect that got her the job
I'd point out the typo if I wasn't scared of her exploding
Don't get me wrong, it's still fucking yuge :))




