Nope. Not really. Only exposed upon spending. Which is why address reuse is discouraged.

But in the old days, addresses were keys themselves. So the first few million coins ever created were created unwisely. Some of those have never been spent since creation.

Bitcoin consensus rules are almost perfect. I think it was an error to permit bitcoins to be spent if public keys were exposed in the blockchain, but I can see why it is slightly hard to enforce this computationally…

I predict someday we will see a new consensus rule that says you can’t leave pubkeys exposed for long and remain spendable…bitcoin isn’t for dead people.

Consider pool mining for lightning sats…you becoming part of the economy helps the network for real. Lotto mining doesn’t meaningfully help anyone (as of today, it’s altruistic money wasting and bitcoin can’t depend upon users working against their own self interests in the long run)

Buy Bitcoin. This is financial advice.

Liana wallet with time locks kinda would make a good bribe, of sorts. Convents would be even better.

How does the bribe work? You give a judge or political official bitcoin that can’t be spent for 10 years.

That’s it. That’s the bribe. Everything else takes care of itself.

Silver hasn’t even 2x’d prior high over 40 years ago and people are like woohoo!

I’ve humored nostr:npub1qqvt0m3nlvjnssmrn33w9yh7cuq2dx5nkz8wxax9hk5hrjdnj4jqz8cn3w ‘s uncommon views by engaging in his content. It’s been interesting and even sometimes entertaining. I challenge Ben to watch this 14 minute flat earth video: https://youtu.be/hnDzWQDt8e0

I’d agree, but most people don’t have real money though. Or at least most people won’t store substantial sums in bitcoin, at least for the near future.

I landed on Bitkey for my nephew…he’s 14 and struggling to understand the finer concepts of digital security (he literally SMS texted his 12 word seed phrase from the Blockstream wallet from his mom’s phone to his new phone…some people, perhaps most people, shouldn’t be allowed to see seed phrases!)

Oh, this is clever. https://delvingbitcoin.org/t/chain-code-delegation-private-access-control-for-bitcoin-keys/1837

I feel like something similar could be achieved using standard multisig setup but picking random keypaths for each change address (and keeping track of keypath per change output…which could be easily done with a deterministic way just like the original idea behind keypaths).

Could a custodian see every transaction? Yeah, but they’d have a few hundred million or billion keys to check…which isn’t as good on a privacy scale as the scalar tweak, I presume.

I also just learned @bitkey has an inheritance feature. So much to learn, so little time…maybe nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 has thoughts on the inheritance problem? Privacy and inheritance and KISS are a tough mix.

This is kind of a big deal, and something I need to learn more about…

nostr:npub1tkey6tcfk0jf2ageje7xvqnnph4443h4pc4aqesuqjeywyke073qfmwral hardware wallet (of nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m fame) now has some privacy preserving functionality that still permits collaborative multisig https://bitkey.build/not-our-keys-not-our-business/

Curious what exactly this means and if my all time favorite nostr:npub1casacasahesdrpu6npfth2t0ae37a2cdwwg3c4fkt30v7gzffx3q7wtzdc could implement this… nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp

My that makes perfect sense

It’s all gonna die. In fact, it already mostly has. But it’s gonna keep failing slowly for a long time.

I guess I should have said humans, presuming the sign is being technical.

Believe it or not, not all shit is created equal. One can literally investigate the shit out of shit and tell if that shit came from a human (via microbiology)

I don’t think you understand collapse. They’re always collapsing. The dollar is always collapsing.

I’ve been in bitcoin since 2010. I’ve been watching this longer that most people. Everyone waiting for a collapse is blind to the fact that it’s been happening for a while now…and it might slow down or speed up, but it will eventually collapse.

Of course. Anyhow who doesn’t hate themselves or money would choose the same. Obliterating the in phase 1:1 is how you trade time for a higher ratio of stock price to bitcoin price.

If you really want to invest in MSTR, you should be thinking 2035

It’s ok to be greedy, but greed requires time.

Proof of reserves should be easy, I agree. But I see it as silliness to expect MSTR to not take full advantage of the in phase nature of MSTR and bitcoin price rises and destroy it for the purpose of increasing btc per share.

I would think their strategy had failed if they failed to obliterate the 1:1 moves…there is always a cost to getting something valuable. Time is the cost here.

I’m sorry you didn’t buy in 2020 like I did.

Then you are quite clearly wrong about the time frame. You’re complaining about the phase shift between bitcoin and MSTR price…as of this is the first time the prices were not in phase.