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I don't want to work for the state or the banking system. I only want to work for myself and my family. To do that I must cut the state and the banking system out if my life. They won't let me go willingly because they consider me their slave. But their power rests upon my work, which I hereby withdraw.
Replying to Avatar Luffy

Xapo

https://nostpic.com/media/4a5e53ff3b78d5bdb88a5b5ea51681db5ecf35aa7ad6fc2bf1a21d8e5c96391b/dd6ad758ce4ca28019be12678f7760e9193c07c0471e249cc0f09a96a4046d23.webp

They sponsored bitcoin 2024. I'm tired of grifters.

Fees going from 150/yr to have an account with them --> 1000/yr. If you want to keep fees at 150/yr just add a small 2BTC! 🤔🤔🤔

I'd encourage any Xapo users to message support and see if you can get a refund and Options to close the account. They have to know a bitcoin company encourages self custody.

Stupid clowns.

https://nostpic.com/media/4a5e53ff3b78d5bdb88a5b5ea51681db5ecf35aa7ad6fc2bf1a21d8e5c96391b/a720d30e04d2461f6abc70986016003ffb474a03b0e76353442a823c51f11063.webp

Also, they will close your account if you have conjoined coins

It records you the whole time as you checkout. This stuff is in supermarkets now in the UK, Aus, Ireland

What reason could there possibly be to wear a mask...

what hotels are people going to? I've literally never seen this.

“Thanks for picking that up for me! I will Venmo you the money.”

“Oh I don’t have Venmo but I can do bitcoin, CashApp, or PayPal”

*radio silence*

Even if bitcoin has world-class UX, I’m not sure if we’ll ever see widespread adoption until we can figure out how to release the absolute chokehold Venmo has on people, especially millennials.

CashApp may not be self custody but at least I can live my bitcoin life if someone uses it to send me money. Venmo has normalized digital payments so much that it’s changed how people behave and has become a verb. Nobody bothers to split bills anymore and they have stopped carrying cash. Why? Because they “can just Venmo you”.

I can see stack overflow error happening in real time when I tell my friends I don’t have Venmo because I don’t believe they created the social feature in good conscience and think it’s an awful thing for Venmo to try and normalize the destruction of financial privacy. Yes, you can now make transactions private, even if it’s not the default. No, I don’t care. I’m dying in this hill. I don’t want to link my fiat ass bank account to ANOTHER system when PayPal, which owns Venmo does the exact same thing. And you know what? People have been using PayPal since the dawn of the Internet 2.0. You already have it! And if I’m going to use a newer, mobile, digital payment solution, it’s going to be CashApp because at least I can turn that money you owe me into bitcoin, which is what I actually prefer you pay me back in. To add to that, Block and Jack Dorsey have done so much for the Bitcoin ecosystem. Of course I want to support CashApp!

In my experience the hierarchy is:

1. Venmo

2. Zelle

3. Cash (middle ground for “you don’t want to set up CashApp? Weird because I don’t want to set up Venmo!”)

4. “I’ll get your lunch next time”

5. MAYBE PayPal or CashApp

6. Not getting your money back

7. bitcoin

So what do I want? Obviously the Bitcoin Standard, but if I can’t have that I want to make cash great again and more people using bitcoin compatible payment solutions.

I encourage everyone to join me in a crusade of maximum pain for anyone trying to use something that is not this. We all deserve better! A win-win would be if Venmo integrated bitcoin so then all my Venmo using friends could transact with whoever they wish, using a free and open monetary protocol.

For starters it would probably help if I was more often in the scenario of needing to pay people back instead of the other way around…

No need. Bitcoin is the only thing you mentioned that is global. All that other crap is US only. This is why bitcoin will win.

If some random guy comes up to a woman on the street and starts asking personal questions, she will smile and lie through her teeth. It's a safety thing.

So you're saying that in this example, even though you didn't own the private key, you do own the bitcoin?

But if there is no way to enforce that ownership claim, what does it even mean? A court won't enforce it, the bitcoin network won't enforce it. Do you just track the utxo as it moves around and tell people that it's yours?

If you generated a low entropy seed, sent coins to one of the addresses, and then the coins got moved by someone else. Are you claiming that you would still own those coins even after you no longer control them?

lol. Intellectual property is a state construct - you can't "own" information, because anyone can potentially copy or independently create the same information without removing your access to it.