Scheme 1:

0. Collect KYC identifier. Passport number etc.

1. Split key into 3 parts

2. Encrypt each part with a different company public key with the respective private keys in some shielded high security offline bunkers

3. Ask the user on the hardware wallet if he really wants to proceed

4. Send the parts to the companies together with identifiers

As the companies can only decrypt their respective parts, nothing could ever happen without legal representatives of the person asking for legal cooperation. The companies would not even be able to check balances or transactions until that day a judge asks them to.

Problem:

* Companies could collude and trivially empty all the wallets. This is not different than a federation of three custodians storing customer funds in one big multi signature wallet between the three. At the end of the day, the keys have to be stored somewhere. Some engineers has to have access to them for legal recovery. Three engineers colluding might be all it takes for disaster.

* As the scheme is known to be limited to European documents, the involved companies are probably European, too, and not spread across mutually distrusting jurisdictions. Sweden, England and Germany, not USA, China and Iran. So if these governments agree to tax or cap Bitcoin wallets, they could even execute this ... legally.

Before plotting schemes, lets speculate about the intended goal of this feature. I suspect it is

> At the press of a button, the user can get rid of the biggest nightmare of losing access. Even beyond their passing, the funds are secured for their heirs. At the same time, nobody can steal the coins.

But how could that look?

The news about Ledger adding KYC and remote key backup to their product made me think what this could be. What feature would be compatible with

* my understanding of a good hardware wallet

* what Ledger was communicating there

I haven't quite figured it out yet but let's explore how this could be a good feature.

But before I start: Ledger being a trusted third party running closed source software always was a no-go for me but ... this detail aside, how could they improve their product with shards stored by 3 independent respected companies?

So I wonder: Did nip30 get around the "implemented in at least two clients" requirement for nips? Which are the clients implementing it so far? Whoever merged the nip should know two, right? ... right?

Quite crucial addition if you want to do this beyond a group of friends you can trust to count steps honestly.

Award a badge to those who walked the extra mile, citing the amount donated on their behalf. Those who failed to meet the goal get punished by not getting a badge while paying for the party.

Fractional reserve is our enemy and zero reserve central banks are the end boss.

In how far limiting fractional reserve for bitcoin and shitcoin custodians but not for fiat custodians is a win, I'm not sure but Texas will find out.

https://fxtwitter.com/BitcoinPierre/status/1658236365610397696

Where can I find a world map with countries or even smaller regions and their access to exchanges? Coinbase doesn't work in Cuba. Binance pulled out of Canada. Others disappeared completely.

I'd love to see this develop over time, with filters for types of exchanges.

Show me an animated world map with countries colored according to the count of

* market places that offer

* national wire transfer with

* more than $1million trade volume each per month

* since 2019

Let the fun begin ...

nostr:npub1v0lxxxxutpvrelsksy8cdhgfux9l6a42hsj2qzquu2zk7vc9qnkszrqj49 you're at it? nostr:npub1gcxzte5zlkncx26j68ez60fzkvtkm9e0vrwdcvsjakxf9mu9qewqlfnj5z you're ready?

Every day and my alphabet has way more letters.

Not sure if you're a make-funny-comments bot or something ...

I need the picture by tomorrow. No bounty after that. To accept the challenge, you have to share the picture. Best picture wins.

Purple-pilling a stubborn bastard Bitcoin maxi. I knew he was stubborn but ... gnah ... no, nostr won't ban you like mastodon did.

This is so wild beyond believe. Why would they keep that data for more than a month in the first place? These breaches are guaranteed to happen and data more than a month back is increasingly none of a car provider's responsibility to preserve, assuming theft prevention through GPS monitoring was sold as a brand feature.

nostr:npub1v0lxxxxutpvrelsksy8cdhgfux9l6a42hsj2qzquu2zk7vc9qnkszrqj49 what is he saying?

(Snort doesn't deal well with this.)

A little game built with an LLM: https://gandalf.lakera.ai/

Where is nostr:npub1t9a59hjk48svr8hz6rx727ta6kx53n5d6fw8x26vsua0zytpl87sa6h4uw ?

His last TextNote was nostr:nevent1qqs8ly2v53f775y2ehuz5zxkxxhv48mefkzx0h80g5978fluv32jtes9yka0p and I now wonder what the content was. It's since been removed.

Somebody else asked about him yesterday but I can't find the TextNote now.

Late Roman decadence.

Nostr is popular because all kinds of devs can easily understand it and work with it. Binary would replace the very accessible JSON eventually and in the interim having both would be a little mess.

I think, we will switch to binary in the future but agree to keep it as simple as possible for now. Let's not throttle this Cambrian explosion of apps.

Why lmao? I'm intrigued. It's a tiny penalty for those not using it but a x7 boost for those that use it.

I'd like these numbers to be double-checked by others in other languages for example before ACKing the PR but it's benign enough to not turn off developers that just want to try out working with the protocol.

I gave it a try and while editing pictures would be amazingly helpful in so many cases I had come across before, the result of my first try was underwhelming.

https://void.cat/d/naBzbhSyrrSi74EMJ9p19.webp

nostr:nevent1qqspnqvn3vjercvhwc2t9see3y2y456yttp4hhd7nhykuy0z6uwg3ncmsppng