Rephrased a lot of this section of my most recent blog post, as it came across as me being satisfied with the status quo of Bitcoin privacy for many people, something which is as far from the truth as possible:
https://sethforprivacy.com/posts/why-i-focus-on-bitcoin/#bitcoins-privacy-can-be-made-good-enough
Thanks for all the great feedback so far!
Gianccomo described it something like: privacy from omission is better than obfuscation , which is better than concealment. Bitcoin/LN > monero > other privacy coins.
We do not use gold day to day for every transaction, yet it has value.
It's been ten years but no one still "gets" bitcoin. Sayler and a few others are very close.
If the bitcoin community focused on frictionless kyc-free on and off ramping from fiat, it would automaticaly discipline the politicians. Which is the purpose of bitcoin.
A more accessible Bisq, for instance.
Fiat has a proven history of usefullness, arbitration and final judgement between armed or hostile international parties. Fiat is the carrot to the stick of power, and cannot or will ever go away even with bitcoin.
In a free market of currencies, not everyone will want to be in bitcoin, the same way not everyone will like the same restaurant or laundry detergeant, or be Honduran.
Can you imagine how much permission you would need to ask for, how many PMs to convince, to build https://nostri.chat on Twitter?
I didn’t have to ask for shit, I just built it.
We are all still not bullish enough on permissionless innovation
Very bullish. Like Zeus and Europa bullish.
To demonstrate this, how do i invest in your DAO token ? /s
Yours ?
As this banking crisis unfolds it is important to remember the root cause; the Federal Reserve. @parkeralewis reminds us that the fiat monetary system is doomed for failure because there is too much debt and not enough dollars.
QE5 started yesterday. The problem will only be exacerbated from here and the only solution is a bitcoin standard.
https://tftc.io/tftc-podcast/403-dissecting-the-banking-crisis-with-parker-lewis/
Reminder. The Banks paid back what they borrowed from the 2008 Bailout.
If we make it to Q10 intact, will Austrians start reading outside their comfort zones, and admit we don't know everything.
Big If , i admit as a Holdler.
Awesome, @Jack will like that others can contribute to a bounty.
Plans to escrow ? Or honor based ?
A more visible privacy/security sub section. Right now it forwards to another site listing a few, but that info could use a treatment on the main site and thus perhaps get more dev attention. In the rush of excitment about nostr i wanted to igmore possible flaws, but its still important for informed consent.
I believe cbdc's are dead on arrival, or pre-birth actually. Drug dealers will not be able to pay in or accept bribes with total control, refutable money. They will not trust it. Graft, drugs, and the criminal element are not errors or bugs in the system, they are natural expressions of human social dynamics and organization. Prison guards need prisoners. A cbdc would be a suicide pill, just like any other command economy or planned city that takes itself too seriously and eventually fails. The economics behind and pushing it are bad. For example the state can demand payment of taxes in cat shit, taxes being a coersed fee for service, but then people will quickly abandon such a state if it also demands we eat it ourselves, or be payed in it. I think we in the non-npc space are entirely too concerned with CBDC's.
Lnurl and Zap management for a project. Suppose i want to receive and send zaps through a bot, Must i go through a service like zebedee or alby, or can i do that through my own LN node ?
Noise
Noxious
Nuisance
I'm pretty sure twitter was a monster that grew out of anyones control. Like any corporation, it is given the gold or lead choice by the state.
Bespan
Retcon
Just set up zaps, can someone "Hello World" me tobsee if its working ? Thanks
