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Big Barry Bitcoin
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Big Barry Bitcoin - Bitcoiner, pleb, developer, enthusiast, ๐Ÿ‘Ž๐Ÿ’ฉcoins Check out my nostr blog! https://big-barry-bitcoin.npub.pro/

Obviously do your own research, but beyond bugs and you using compromised software or not checking fees carefully etc. a coinjoin is pretty risk free.

I wanted to differentiate coin join and mixing because mixing is done behind closed doors and you give up your bitcoin to someone else for some time during the process, while coin joins make you part of the process and you never release bitcoin without simultaneously claiming the same amount of bitcoin elsewhere.

How does this work? Everyone anonymously submits inputs to go into a coin join following some rules, then create new identities, and submits their output addresses so no one knows which inputs and outputs belong to the same person, then a transaction is made and everyone needs to sign it.

Each participant only signs the transaction if it allocates the correct amount of bitcoin to them as they were expecting.

The transaction is invalid until everyone signs it so until everyone is happy, no money moves. Of course it is the software you are using that does all of that work on your behalf, so if the software is compromised, so too might be your bitcoin.

Good ol' Satoshi bragging again, this time about coining the term CoinJoin ๐Ÿ˜„.

21 Million was not enough!?! ๐Ÿ‘€ I know you have that much, you showed me yesterday.

I think the running recommendation is to STAY AWAY FROM MIXERS and use coin join tools instead.

Coin joining takes a bit of research and time to familiarise yourself with it. It is also a bit more expensive afaik, but there's 0 risk of losing your money this way.

So... 50% cheaper mixer but they take 100% of your money, or more expensive coin join but you get privacy and you never lose your money.

I made this when the price was stuck at 58k.

We all know the true value of Bitcoin (probably more than that, but that was the biggest number I could think of at the time). But whenever you look at the price, it shows as something different, namely 58k... just like the double slit experiment.

Don't worry, this wasn't TA or chart theory, just the fact that when you are not looking at the charts, you know what your Bitcoin is worth, but when you observe, it gives a different result, so stop looking at the price.

Phew* ๐Ÿซก

I think they said "LND Contributor" and think we would hear "senior core dev" and not "Lightspark employee who made a pull request".

๐Ÿคทโ€โ™‚๏ธ

Probably not everyone but I believe many of us here on nostr will stay and keep building for Bitcoin because it is the function that matters more than the value. But I guess it also depends on what caused the value to drop 90%.

Also, knocking 90% off is leaving 10% on, so it's knocking a zero off. So $60k = $6k... what we had 5 years ago (or even 4 years ago). I think many will be buying "the" dip.

Zap.store IS a link. Once you have that, you can get Amber from that app.