Refusing to spend Bitcoin is foolish high time preference thinking. You can always trade some privacy to use a KYC service like nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 and never touch your stack. Not like you have privacy when paying with fiat anyway.
How do you expect Bitcoin to be global money if even you yourself won't use it as such?
Maybe I’ll be proven wrong, but my guess is like NFTs broadly if you let it play out long enough they gradually collapse on their own. Maybe not completely disappear, but this incredibly expensive level of irrationality cannot go on forever.
I would recommend starting here and then gradually branch out with some of the other tutorials in the description: go to YouTube, find the BTCsessions channel, watch Secrets to Buying & Spending Bitcoin with Almost No Fees!
If folks want to stack amid high fees check out nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 has great videos on how to do so using Lightning and Liquid. These are fun and easy to use. Nothing is perfect, life is a series of tradeoffs given limited resources and unlimited desires.
In completely unrelated news, I am saddened to announce that I lost by Bitcoin in a tragic google drive accident
Respectfully disagree. If the end state is the same(preventing coinjoins), it feels like a distracting semantics hamster wheel to even debate filter vs censor.
At best you’re totally right and it stops here. At worst this drives social consensus towards this becoming censoring by your state definition, and a startling number of people already seem on board with this.
We are unfortunately in a world where waking up and Ocean, F2Pool, and Foundry all “filtering” coinjoins is a very real possibility. In this world I think an immediate and aggressive social rejection of “filtering” is a must. We are indisputably at least on the slippery slope. If we don’t charge back up, we might just keep sliding down forever.
I’m personally highly skeptical pleb miners with a small to modest number of rigs will be both capable of and have the desire to construct blocks. It does require some dedicated skill and effort many don’t have (including me). For now it’s completely unknown how many can and will construct blocks, if few do this argument falls apart. Time will tell…
Stop buying or using Ledger products and just get a coldcard from nostr:npub1wu4aye7ll0lnrrg638e90sehzsgpzx5t39t3mwl05aa0d0ap08esdz3vw0 already
https://www.nobsbitcoin.com/ledger-live-tracks-and-sends-out-all-user-information-by-default/
Here is my understanding of the ongoing controversies around the nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze saga. I think there is a lot of generalizations and misunderstandings happening. I'll ELI5 the situation as I understand it. Please correct me if any of my facts are wrong. My opinions are my own, dont correct those. I can amend those myself.
Ocean is not specifically targeting coinjoins. It is only samurai implementation that is being affected (and I believe unintentionally).
I believe ocean is intentionally targeting inscriptions, yes. To be clear, I do not agree with what they are doing but I also do not believe they are out of bounds.
Miners are free to set parameters on their node. This is not controversial. Ocean is setting the upper threshold for data size to a lower parameter than what is the current norm in order to bulk filter out inscriptions.
As a side note, it's my opinion that suppressing oceans right to set parameters and filter out the blocks they feel to be spam is an act of centralization in trying to force Ocean to follow the current status quo. Ocean is well within their rights to construct block templates however they see fit. Their ability to mine that template is the checks and balances that decentralization offers.
The unintended result is also filtering out samurai coinjoin transactions. To be clear, other coinjoins are still fine.
And finally, exactly zero blocks have been mined by Ocean since knots was implemented. So their impact has been exactly zero.
If you don't like what they are doing, you're free to point your hashrate elsewhere. Ocean is free to construct their block templates however they wish. That is their right as a miner. It will be to no avail if they dont have hashrate behind them. Just like on nostr you're free to mute spammers, Ocean is free to set their parameters to exclude what they feel to be spam on the blockchain. If you disagree, simply move your hash and everything they are doing is moot. It's that easy.
THE SYSTEM IS WORKING EXACTLY AS INTENDED
I think “specifically targeting” is completely irrelevant. This only happened because they ran down the slippery slope of “filtering”. You break it you bought it.
Fair but it being not perfect does not in any way translate to censoring consensus transactions being the answer.
Dude, I fell out of my fucking chair laughing at this.
What do you recommend? For all lightning outside of Nostr using lightning is very easy imho. But the LNURL need for Nostr is my tripping point. Haven’t found a great iOS option yet. Maybe need to try mutiny?
🚨 NEW BITCOIN MONTHLY EPISODE 🚨
nostr:npub15c88nc8d44gsp4658dnfu5fahswzzu8gaxm5lkuwjud068swdqfspxssvx, nostr:npub14nm7ulfn8qrrqcczrfp650e9w52wt9u5rp78e2j2y8whuqp8059q7ajwut covering the following topics
Some topics
-Phishing Campaign Targeting Blockstream Store Users
-StartOS open source
-Counterfeit Ledger Live App
-Fraudulent Bitbox App
-Record BTC Transaction Fee
-Sparrow Wallet Update
-Zeus Beta Release
-Gemini UK's Bitcoin Transfer Restrictions
-Incident Report: User Losing 25 BTC
-Mutiny Wallet's Decision Regarding Zaps to Zeus Users
Will this hit fountain.fm?
Tomorrow on #AnotherFuckingBitcoinPodcast I’m having a #BitcoinTalk (& #NostrTalk ) with nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s AKA Wild Bill AKA Will Casarin 🤙
What questions do you have for Will?
The future of nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 ?
His favorite notes?
The “other stuff” he’s most excited for?
Ostrich facts?
#footstr ?
Let me know 👇
Subscribe to THE #Bitcoin Podcast so you don’t miss this one 🫂
Parker Lewis on a recent podcast brought up the topic of long term financial sustainability and incentives for relays and other Nostr services. Would be great to have a Nostr expert address head on.
Haha, fair. I’m trying to nail down a LNURL option that I don’t hate. Always open to suggestions.
If you are not using a password manager and 2 factor authentication (2FA) for everything you need to stop whatever you are doing and start right now.
I am constantly amazed by how many people I meet keep passwords on a physical or digital post it note. This is a recipe for disaster. It’s only a matter of time until you’re totally screwed.
Bounty doubled, want to earn 20k sats? Send me confirmed identity of any bank or financial intermediary canceling bitcoiners who use privacy tools. We need to boycott them ASAP!
An essential skill everyone should have. Improves your health, wealth, and happiness.
Foundation is my favorite book series of all time, and I hated the Apple show. So disappointing. Was so excited when announced.
