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ChipButty
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This is an example of what normies won't deal with. They want Twitter to give them their password if they lose it. They look at someone like you who lost your Nostr keys and think if you can do it so can they. It's the same with self-custody bitcoin, most normies are not going to do it, they will let Coinbase or JP Morgan do it for them despite what some maxi's believe because the risk is too much for them to cope with.

Replying to Avatar Bert

What is your passphrase best practice?

Was asked about the following setup:

nostr:npub1s0vtkgej33n7ec4d7ycxmwt78up8hpfa30d0yfksrshq7t82mchqynpq6j Passport, uses encrypted backup with SDcard. Access code to unencrypt is in physical distributed location that would take significant time to travel. SDCard only is a risk as it can burn/break etc.

So the client uses a physical steel backup with 24 words, again a different location. On a different location holds the passphrase on steel.

How do you rate this setup? There’s redundancy in both the SD Card, Steel seed phrase and steel passphrase. Do you think a double backup for the passphrase is required?

Would love more input on best practices around this. nostr:npub15c88nc8d44gsp4658dnfu5fahswzzu8gaxm5lkuwjud068swdqfspxssvx nostr:npub17h7h2jzhq3hn06h93jvz67sfjxaq3jvk7kenjrazht28aun33hks42sd76

A passphrase can be safely stored in a Password Manager.

I deleted my Twitter account before Elon bought it but the simplicity of Twitter is what most people want, there's no way they are going to replace something they use with something more complicated if the end result is just the same i.e. shit posting on social media.

Because Nostr is messed up. Anyone (Nostr maxi's) who think Nostr is going to replace Twitter are in fairyland. As long as users have to deal with relays it won't get any more than a tiny fraction of the number of Twitter users ever. Currently a debate on here is whether small relays are better than large relays. It's ridiculous.

Ya need to change your cereal & you'll be golden. Homemade granola is the way to go & it's about as easy as it gets šŸ‘

The conferences are all the same people talking all the same things anyway. I'd rather stack sats than pay for a ticket, flight, & hotels when I can get all that info for free with the videos they release (or I've already heard it before). That's my cynical take on bitcoin conferences!

Replying to Avatar Mike Brock

Someone privately asked me why I am wasting my time refuting the hyperbitcoinization narrative. They suggested that if I’m right, it doesn’t matter in the end. They also suggested this represents an unnecessary argument *within* the bitcoin conversation.

One, I don’t feel like I’m wasting my time at all. Because my goal isn’t even to convince people who hold the view that hyperbitcoinization is inevitable. In fact, given their predilection for simple, self-consistent narratives and their tendency to dismiss my attempts as nuance as a ā€œlack of critical thinking skillsā€, I don’t actually expect to convince them of anything. But I do want to debate them, if for no other reason than I can test the strength of my own ideas. Which for me, is pretty important to being intellectually honest with one’s self. Alas, it does not surprise me that they refuse the opportunity of debate. Because, well, you can guess where I’m going.

The audience for things like this are always the unconvinced. The people who are coming to bitcoin for the first time and trying to make sense of it. I seek to give them a theory of bitcoin I think makes sense, and steers it towards its potential. That focuses people on believable use cases, that will hopefully, on balance direct research and development into more productive products and ideas.

Also, I am just generally fascinated by people who think they have everything figured out, and can smugly claim that something in the future is ā€œinevitableā€. I’ve never thought anything about the future is inevitable. To me, the future is an epistemic fog-of-war. The fact some people think they see it with overwhelming clarity (even in the narrow issue of money and markets) by playing forward some theory from a first principles foundation, says to me something about human nature that, quite frankly, I see as the seeds of fanaticism at worst, and sophistry at best.

As for the worry that I’m trying to create unnecessary discord within the bitcoin conversation, this just offends my intellectual and truth-seeking sensibilities. If I think something is wrong, and I feel strongly enough about it that I want to say something about it, then I’m going to. I don’t know what to tell you. Suggesting that it’s counterproductive to engage in a debate against a relatively popular strain of thought, in a field I work in, that I think is wrong, is just bizarre to me.

It’s the anti-intellectual golem showing up again.

I've been skeptical of the hyperbitcoinization story for a long time, it's similar to the idea that bitcoin will destroy the banks story that was popular when I first got into bitcoin. Banks are far too powerful to be destroyed by bitcoin, they might adopt it somehow, or custody it, or sell it but they will never be destroyed or replaced by bitcoin.

Yeah I had Wallet of Satoshi orginally & they closed down then something weird happened with my Alby wallet & my sats disappeared. Primal wallet doesn't seem to work so I've not been interested in setting up another wallet for Nostr. Fortunately my Coldcards & Sparrow work great! Thanks though šŸ‘

He's referring to ordinals & other non-bitcoin things being added onto the blockchain. Some people are very upset with it & consider it to be degrading. Others feel it's nothing to be concerned about.

Not necessarily. I think Guy is being overly pessimistic on this. It's similar to the "AI is going to kill all humans" cowd talk, far too gloomy. Humans have a tendency to fear new/unfamiliar technologies & sometimes think the worst. I'd say governments with their goddamn censorship laws are more of a threat to the internet than anything else right now. P.S. I'm a big Guy Swann fan by the way! šŸ‘

That depends entirely on where you are from. Of course those from down south assume that their accent is the only true English accent but up north where I come from parse & pass don't sound the same at all. You could still use an English accent but a Yorkshire one instead of American & get the same result. šŸ‘

Fyi, it's St Paddy not St Patty.

Jfc he's STILL at it? I assumed he gave up & realized his huge mistake a long time ago. Not that bitcoiners would welcome him back with open arms but he could acknowledge he was wrong. In hindsight the blocksize war was a good thing to have happened when it did, but damn that guy is stubborn.