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BTC_Behaviorist
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Behavioral psychology and other stuff.

When I hear the phrase "opt out", I sometimes think of this scene from Merlin: https://youtu.be/LxiLUEgN6vQ

What disappears are, among other things, state-funded journalists and academics.

Watch out for the fakes:

Haven't been active here for a little while. Been pre-occupied with adjusting to my switch to Fedora and i3.

However, I have been gathering more data on seed phrase memorization. Will post more on that relatively soon.

#linux #bitcoin

Thanks! Yes, I'm aware. I intentionally used 24 words for demonstration purposes. A memory technique that works with 24 words should obviously work for 12 as well. One difference though is that you will probably not need the vertical lines with 12 words – just dividing up the seed in 3 groups of 4 words each should be enough.

A simple way to memorize a 24 word seed.

Write your words like this:

Cover up all words with a paper and slide it to the right, revealing 4 words at a time. Only work with groups of 8 words at the time, as indicated by the vertical lines. For each group, try saying the next 4 words in your head before revealing them. If you can't, reveal them anyway by moving the paper, say them, and then cover up all words in the group of 8 again. You will likely have to move the paper back and fourth a lot during the first practice round.

Do 3 trials a day – not more, cramming is a waste of time. One trial means that you have worked with each group of 8 until you have recalled the words just once when covered up by the paper. The first trial should take less than 3 minutes if done right! Speed will grow proportionally from that. You want to be able to remember the words at least as fast as you are able to read them.

I'm still doing some testing and will provide more data later. The preliminary results suggests that total practice time should be less than 15 minutes if spread out over a week.

Note: I'm not suggesting that anyone only store their seed in memory. I view this as one backup among several, and whether it's a good idea to memorize a seed depends on personal circumstances.

What lightning wallet would you recommend when using RoboSats?

#bitcoin #asknostr #lightning

Horrible OpSec, but I can't resist sometimes.

Replying to Avatar Cyph3rp9nk

Liquid Network

Liquid Network is extremely undervalued. People are still thinking about coinjoins and arguing among themselves when they have a much cheaper method.

Remember that transactions on Liquid are confidential, only the signer of the transaction and the receiver can know what amount has been sent, for them Borromean ring signatures are used.

Manual for Dummies:

- You make a peg-in of the amount you want to anonymize, if you have an elements node (Liquid node) or use the decentralized Exchange Tdex the cost will be only the cost of the chain transaction, if you do not have any of the above available you can make a peg-in with sideswap for 0.1%.

- Once you have converted your btc inside Liquid to L-BTC you make a peg-out with sideswap, do not make a peg-out of the same total amount that you have made the peg-in and try to space it in time if there are several. The cost of the sideswap peg-out is 0.1% plus the fee of the chain transaction.

One way to avoid also performing the peg-in is to buy L-BTC directly for example on Bisq.

In the best case, the whole operation will cost you the fee of two blockchain transactions and 0.1% in the worst case 0.2% plus the two blockchain transactions, I recommend you to set up your own node elements or use the decentralized Exchange tdex to perform the peg-in without permission and avoid that 0.1%.

When you make a peg-out you receive btc that are retained in the federation, the allocation is random, so seen from the outside, Liquid is like a classic mixer but without centralized custody as it is federated, your coins enter the federation and when you leave with a peg-out you are given other coins that are not your initial coins thus breaking the heuristics of your initial coins.

All this is done without any KYC, you can increase the anonymity using tor or a vpn in sideswap so that there is no trace of your ip.

Coinjoining when moving in and out of Bisq is such a pain. I really like the idea of just buying L-BTC instead. That said, I just checked and there are no current offers to buy L-BTC. Not sure if anyone would take an offer if created. Also, seems like you can't buy L-BTC directly with fiat. You have to get BTC first.

They are affiliated with the Samourai team. If you don't like them, Ronin Dojo is not a suitable option for you.

A few weeks ago I made a bet with a no-coiner over 1 gram of gold that #bitcoin will be greater than $30K in 5 years. I should have raised the stakes.

Here's something I've found helpful for staying focused. I divide up the day into different 'time zones' or windows where I'm only allowed to use the computer for certain tasks. Each window is signaled by a different desktop background.

For example, I have a two-hour window in the morning where I'm only allowed to use my computer for creating stuff – writing, coding, and so on. In that window, I use this background: