Have seen some back and forth about MSTR and the hard core maxis, but no one seems to be addressing the biggest risk IMO which is even if Saylor is exactly as advertised, what happens when someone in the deep state asks him to turn over his keys for “national security?”
Does he have a plan for that. Would love to see a journalist like say nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech ask him that. Does he have a contingency plan, where somehow if that happens, all the coins get auto-distributed via trust to shareholders?
We can all see the debt growing, the crises forming, the state acting increasingly desperate with censorship and flooding the country with illegals. That it would ask for the coins doesn’t seem that farfetched especially after the 6102 precedent.
(Also applies to ETFs obviously.)
I’m an MSTR shareholder, FWIW, would love nothing more to be totally off-base about this risk.
What part of Not Your Keys, Not Your Coins do you not understand exactly?
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#bitcoin #btc #decentralized #nokyc #stacksats #nokyc #bisq #nostr #nigeria #china #india #turkey
This IMHO, is why bisq is better than robosats. I think robosats can rug you like this because robosats is a website, and bisq is just open source code.
Normies only care about NGU. They don't even know how to get their btc out of an exchange.
Everybody thinks that this case is an outlier IMHO and it won't happen to them. Well, this isn't their only mechanism of attack. The IRS also uses chain anal to track traceability, and if your original buy doesn't trace to the final sale on your taxes then that could be another excuse for an audit. If you coinjoin you are rolling the dice.
One of the rules in self custody is to not put your coins in an environment that exceeds your own technical skills. This is a dangerous idea for long term storage. Do at your own risk.
Federated does not equal decentralized. Nostr is not advertised as being federated while mastodon is. Nostr is mostly decentralized. Of course when I say decentralized, do understand that the term is a gradient, not a dichotomy like decentralized vs centralized.
This might be why #keet is a good idea. I'm glad we have that in our back pocket.
“Human rights organizations will say ‘hey but you're treating these criminals very badly’... where were they before when these criminals were killing people every day?” — nostr:npub1clfjjuhrnr2dyrxknvdgg5v4dnq55t5svkk34r76rpwzqf5cjdas7rk28k and I discuss western media treatment of Nayib Bukele and #ElSalvador on nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8
#Titcoin
Government: the most powerful gang.
Gangs: any less powerful gang.
Law enforcement: thugs with a monopoly on violence.
Gang bangers: thugs without a monopoly on violence.
Law abider: anyone subservient to the biggest gang.
Criminal: anyone not subservient to the biggest gang.
Amethyst doesn't use algorithms. Not sure about Primal. I don't like Primal though.
How would you even know if someone is 'misusing' it?
What platforms support TOR?
For better or worse, I found out you can setup your own custodial cashu mint at
There you can enable the cashu extension after you setup a wallet. Obviously use at your own risk.
You can create your own wallet/mint here at your own risk
Then enable the cashu extension
In the cashu extension you can copy out the mint URL
I can imagine these businesses will want to keep it a secret if they are running this software which makes it hard to vote with your satoshi.
I also think about having plausible deniability. Using lightning as it was intended is about the most normal thing you can do with bitcoin, and it offers moderate privacy. The problem is with all these LSPs moving in.