One of the better ways to preserve your seed phrase I’ve seen.

What have you seen ? #Bitcoin

Gold and Silver Coins in the Middle Ages: A Comparison with Bitcoin and Monero

Precious metals like gold and silver have always been valuable due to their rarity and durability. They are well-suited as a medium of exchange and store of value. However, verifying their authenticity is not always easy. Gold can be adulterated with cheaper metals, resulting in a lower amount of genuine gold. In contrast, Bitcoin is protected from such manipulation through its decentralized system and the motto "don't trust, verify".

To combat the problem of metal manipulation in the Middle Ages, coins were minted with guarantees of authenticity under threat of severe punishment. Melting down coins was also prohibited to protect the purity of the metals. Through these measures, people could trust in the purity of the metals, but it required a ruler to enforce these rules.

Gold coins typically had a consistent gold content, but this could be altered by minters or rulers themselves. With a "coin reform" or "coin exchange", the minting process was changed or the metal content adjusted. Often, one-tenth of the wealth was withheld when exchanging old coins for new ones - ten old coins were exchanged for nine new ones. This was a tax on people's wealth and was not very popular.

In comparison, Bitcoin cannot prevent such taxation. One could divide Bitcoin into legitimate and illegitimate categories, similar to how certain gold coins were accepted on markets in the Middle Ages. A "Bitcoin exchange" could be implemented where only verified Bitcoins are considered valid after withholding one-tenth of the wealth.

Monero, on the other hand, prevents such practices through its fungibility.

A strategic beef reserve is a fantastic idea 🥩

Wonder if he’s ever read about aggry beads and the speculative attack on the West African monetary system by the Europeans… Hard money shouldn’t be hard to understand after something so unconscionable.

Proud to say I never stopped calling people/things retarded.

I was pretty disappointed with his description honestly for 2 reasons.

1) He described FTX as a blockchain, which is super inaccurate and doesn’t explain any of what happened there to people who don’t know.

2) Huge elephant in the room that they both seem to love Trump so much and had been talking about him and showering praises on him quite a bit up to this point. He says all shitcoins are scams meant only for pump and dumps, but doesn’t address that the sitting president started his term with a shitcoin scam.

You can almost always tell where people are at in their bitcoin journey.

Hear about Bitcoin,

Research and buy Bitcoin,

Distracted by shitcoins,

Buy shitcoins,

Realize shitcoins are a scam,

Buy bitcoin,

Research Bitcoin more,

Become a Bitcoin maxi.

It seems to be a natural progression.

How do I borrow against my #BTC to buy more #Bitcoin?

Withdraw from all KYC services you use directly to Wasabi or Joinmarket. Otherwise you are pointlessly adding to the normal risk that comes with KYC over an easily applied level of protection.

Fees are super low too.

Let me know when suddenly happens and I’ll apologize to every shitcoiner ever.

Until then, im bored of this.

HFSP (for now)

🍻👊🏻🧡

sadly bitrefill does not take XMR directly even though they take other crypto like LTC, BCH, Tron, usdt, etc, so we can't tell how much they receive from swaps for example, people that use an instant exchange to send xmr and receive other coins in the other end, but according to those swapping tools like the Orange Fren aggregator most swaps are also done with XMR as a pair, then this means any shop, big or small, can have active XMR users who can't actually pay in XMR

Ride-sharing or public transport payments can track a person’s movements. #PaymentHistory