Dude, that was only, like, twenty years ago.
"An armed society is a polite society."
er.com/origin/7f/7fdba1a24634bf99069f6487a671d512_w200.gif
Of course they do. They're dealing with all the regulatory B.S., interfacing with ACH in a way that doesn't freak out banks, etc. If you want to be able to easily buy KYCed bitcoin from your checking account or wire transfer, they do a good job and they earn that profit.
I tried Swan recently to see if they were better and… goddamn, that's one janky service!
Today I'm raising some concerns based upon observations of a withdrawal I recently made from Coinbase. I suspect the issues I'm pointing out apply to many exchanges and custodians across the ecosystem.
https://blog.lopp.net/problems-with-coinbase-withdrawal-fees/
If you'd used the order book instead of buying like a noob, you would have paid much lower fees for your purchase! Seems disingenuous. 🤨
The withdrawal fees can be a problem, but they are basically taking on the risk of fee spikes after you place the order, and they're disclosed in advance. Would be better if there were an option to dial down the priority, but it's never really been a problem for me, especially now that they support Lightning.
That reminds me: I really should do something with Whorecoin.com. ;)
Not by itself, though. I don't know who nostr:nprofile1qqsyeqqz27jc32pgf8gynqtu90d2mxztykj94k0kmttxu37nk3lrktcpz9mhxue69uhkummnw3ezumrpdejz7qg3waehxw309ahx7um5wgh8w6twv5hsz9mhwden5te0d4kx26m49ehx7um5wgcjucm0d5hspyest0 is in the Real World, so I need a solution that can tie that pubkey to a person I want to, e g., but something from.
But if, e.g., I had signatures on an attestation of RW identity from, say, four other accounts whose judgement I trust, that would be great.
With PGP, despite having a clear way to sign other folks' keys, this never became really usable. But maybe this time will be different…
Without a widely-used web of trust or some other simple method of checking fingerprints and matching to identities out-of-band, self-signed certs aren't very useful.
Definitely does seem like a problem we could solve with freedom tech, tho.
That's not wrong, at least to the extent I understand ActivityPub. In practice, FidoNet was pretty hierarchical, with echo posts and mail flowing down/up through hubs to nodes in a tree. At least, it was strongly that way in the US, thanks to long-distance rates.
I've often compared nostr to UUUCP, which still had some hub-and-spoke tendencies, but which in my experience was a lot more mesh-like than Fido-technology networks.
För context, I operated a BBS that was a hub for several Fido-type networks and a UUCP gateway from 1992 to 1998. Good times. 👍
Probably once for the nostalgia, because it's been decades since I played. Wouldn't watch regularly for the same reason I never play: no time.
Maybe our generations will be paying D&D in the retirement home, tho. ;)
You have my vote.
10 REM I IS A PROGRAMMER
20 PRINT "HACK THE WORLD!"
30 GOTO 20
In what way is Bitcoin "more easily controlled" than Monero?
As for Monero being easier, I literally spent a morning this week resyncing the entire Monero blockchain because the db file got corrupted. I've been running Bitcoin nodes since 2012 and have never had to do that, because file corruption only affects individual blocks and crashes only affect the tip of the chain.
I've also hosted a Lightning node for two years. It's not that hard.
What's the main point?
What does a fiat company have to do with a freedom tech?
Fiat isn't censorship-resistant, though. And Coinbase et al. are necessarily fiat enterprises. Useful, yes, but transitional.
