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TheBitcoinManual
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Normal people sharing our experience and knowledge around all things #bitcoin • Get our Free eBook • Not financial advice - ➡️ https://thebitcoinmanual.com

Two tragic stories of poor opsec, one dude leaves a picture of his seed on Google cloud and hands over access to a phishing email and loses about 5 BTC

Next dude gets a phishing call from "Trezor" and inputs his seed holding 45 BTC into a scam site, you really have to question why some people get into Bitcoin if this is how much effort and thought they put into storing their funds

https://krebsonsecurity.com/2024/12/how-to-lose-a-fortune-with-just-one-bad-click/

Replying to Avatar Yarnlady 🧶

Everything reminds me of her

Watch only wallet for iPhone 6, just to remind you to stack harder

Replying to Avatar Luxas

Lol we all have that friend we only know by their nickname and we'll be like anyone know what "sleepy" or "peanut"s real name is?

Replying to Avatar pleb_world

Is this "other stuff" in the room with us now?

Sellers gotta sell, gotta fund the holidays, pay bills and chase high time preference purchases, i say let them, i'll take the sats, let it rip down, we honestly didn't spend enough time in the 70s and 80s

In 2016, I pre-ordered the iPhone 7 and purchased it cash for $1240 (US equivalent at the time in South African rands), that was a 2BTC mistake that I will never financially recover from and one I refuse to make again

https://video.nostr.build/2d25d959c770b40ec0473f85375e0dbf34b4888442b4b505122734e2079a164a.mp4

Lol no tax pro but the way I understand it staking is an income-generation activity, same like putting money into a money market account, or savings account in both cases you're getting paid by new inflation, but where staking can differ is if the staked funds are locked or if they are liquid, because if they're locked you have to release the staking contract first so its kinda like being forced into an unrealised gains tax

Would be interesting to see if this passes, would really kill the proof of stake model since most people stake with 3rd party so it would be easy to pressure them to pay taxes

Where something like a LN node earning an income on your liquidity you kinda on your own, not that i think LN routing income should be categorised as staking but I can see them making a case for that too