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btconboard #LNHANCE or #CTV
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All views are my own. Tech finance manager, Bitcoin believer.

I think this highlights a key advantage of Bitcoin, liquidity. It’s easy to transfer, sell, etc. So BTC is strictly better than real estate in this regard. A bitcoiner likely would not be in this situation, they could sell or transfer their BTC in minutes.

And this gets convoluted because when people say “cash” it isn’t physical cash, it’s in some sort of account with varying levels of liquidity(usually very liquid but not always) and security.

Study after study on GLP1s (Ozempic, Wegovy, etc.) show a consistent data point everyone is overlooking, the vast majority of users are women. Why? Women are actually less likely to be obese than men so statistically if these drugs were being prescribed responsibly then men should be more likely to take them.

My anecdote is that most women I know, none of whom are obese, are offered these drugs proactively by doctors purely for vanity. This is not healthy (both literally and spiritually) for society.

Sources

https://pubmed.ncbi.nlm.nih.gov/38976257/

https://www.niddk.nih.gov/health-information/health-statistics/overweight-obesity

BuT wE sHoUlD lEaVe tHe Us dUe to RegUlAtOrY UnCerTainTY

If just the noise from a bunch of computers and their fans is actually enough to hospitalize you and this isn’t just a straight up lie, I would strongly encourage you to exercise more, eat healthier, and take control of your health. It would be so sad to be that fragile (of course an exception for truly genetic conditions that are unavoidable). I’ve lived next to really loud stuff like trains and factories and the idea any were potentially bad enough to send me to the emergency room is hard to believe. https://time.com/6982015/bitcoin-mining-texas-health/

🫡🫡. Best to buy the phone yourself and load Graphene yourself. The graphene website has amazing documentation and it’s quite easy

Replying to Avatar Lyn Alden

Financial privacy isn’t always about the government or corporations. Sometimes it’s simply about peers. Here’s an anecdote.

In Egypt, people born into lower socioeconomic statuses often don’t have a lot of flexibility for their life path. It’s often largely set by family and tradition, especially for women. And so, it’s kind of the luck of the draw how constructive their family is.

In certain social circles, a girl is generally considered the responsibility of her father. If she dates, has sex, doesn’t wear hijab, etc, then it is considered to reflect badly on him.

Once she marries, responsibility over her is transferred to her husband. He will usually control the main income, he will often control the family finances even if she does have an income, and he will often control most major decisions. And divorce is structured in favor of men here. Initiating a divorce as a woman comes with more limitations and consequences.

Many fathers push their daughters to marry pretty early so that they can relieve themselves of responsibility for her, even if she’s not thrilled about the prospective husband. She can be pressured socially, economically, and sometimes even physically. And at that socioeconomic level, she likely isn’t fluent in other languages, likely has not been exposed to outside ideas very much, is likely surrounded by people who would take her father’s side against her, and so the direction and pressure from her family is mainly how she contextualizes her role in the world.

So in many cases, someone goes from a girl with little power to a wife with little power at a young age, and with limited economic, social, or legal recourse if it ends up not being a good path. A decent percentage of fathers and husbands are abusive, unfortunately. In theory there are safeguards against this, but in practice it’s easy to fall through the cracks.

I know a family that owns an apartment building in Cairo, and they employ a husband and wife as live-in assistants to oversee the property and their family, like a casual butler and maid basically. He cleans, runs errands, and provides security, while she cleans and cooks. The husband and wife come from a low socioeconomic background, and have both been working for the family for 15 years, and are heavily trusted. They make like $4k/year USD equivalent combined, plus receive free basic shelter and a used car.

The husband and wife do not have bank accounts, so they just save in physical Egyptian cash that quickly devalues. Inflation in Egypt hurts people like them the most. With their extended family, they also own a unit for themselves in an apartment building in a poor neighborhood. It’s an unfinished raw brick building that they don’t live in. Their extended family all contribute to the shared building structure and underlying small land lot, and they own their unit within the structure and can choose to invest in finishing it with electricity and plumbing and flooring and furniture to live in, or just leave it as an empty brick hull. Many remain unfinished like that indefinitely throughout Cairo; it’s basically treated as illiquid savings and optionality.

Anyway, one day when the wife was getting a raise from the family that employs her, she asked that her raise be kept private from her husband. She wanted to have autonomy over that portion; their combined income is otherwise mainly under his control. Her husband is by all accounts a nice guy, but that is the common way of doing things in their socioeconomic circle. A private raise would let her keep a tiny bit of pocket cash in her own control. One of the things she wanted to do with some of her own money was send a tiny bit each month to a family member that needed help. So the family agreed to keep her raise private.

As her pocket cash eventually grew a bit, the next challenge arose: how to keep it safe and secret while living in a 250 square foot living area with her husband and daughter. She went back to her employer and asked if she could keep her private savings with them as an informal bank. They agreed to do that for her as well.

As is the case for many people like her, even though she doesn’t have a bank account, she does have a smartphone. Over time, certain types of mobile wallets and their widespread adoption could improve her ability to save privately and in less debase-able ways, and that don’t rely on the particular helpfulness of her employer. And if not her, then maybe her daughter one day.

A shoutout to all the devs working on such wallets and their ease of use; there are certainly plenty of people in the world who could benefit from them!

Privacy = security and I think most bitcoiners accept that. But this is an amazing example of why privacy can enhance equality. Thanks for sharing!

The search algorithm in Microsoft Outlook is the worst.

nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s is there any way to get sendsats.lol or some equivalent to work with a CLN node behind tor?

I just get a time out error after 4 seconds, I’m guessing would need significantly more time to even somewhat reliably connect to a tor node.

A difficult conversation we need to have as a community about the threats we are creating via KYC and complacency https://yakihonne.com/article/btconboard@vlt.ge/jXrGxmHlN6L8v4I5WQ3Zj

Non KYC options like Nunchuk or Casa. For more advanced users Liana offers advanced timelock based security.

Unchained is still quite safe overall and presents a strong deterrent. However people treat it like it’s impregnable and that’s just not the case. I don’t want by life savings doxed in database next to my wallet descriptor and home address. That’s just unwise imho.

If it can be it has never been advertised or publicly mentioned. I’m doubtful they’d have a monetizable service they’d keep secret

I somewhat agree with a few caveats:

1) it often doesn’t take 3-5 days. Even per their website “Note: It can take up to three business days for Unchained to sign.” I have spoken with multiple folks who had a transaction go through in less than 48 hours. That’s scary. Not having a specified minimum time interval is in and of itself worrisome.

2)For tens or hundreds of Bitcoin bad guys could certainly sit with you for few days, lock you in your basement, kidnap a family member or pet, or even a desperate government could throw you in jail, etc. Important to keep in mind you have to dox yourself to use their product versus other options where you don’t. So your a hacked database away from this being public. Personally I would assume that’s inevitable as that’s just the consistent pattern with KYC data. It’s 100% strictly better than an ETF, but I think it’s problematic how people treat it like it’s impregnable.

GM! If you use a 2 of 3 collaborative multisig like Unchained someone can just show up at your house, force you to submit a transaction*, and sit with you for a day until it’s processed and they have all your bitcoins. This setup is not half as robust as people like to think.

*99% of people keep at least one key at home and can ask for the custodian to sign for a second, and if you think video verification will save you then you’re dreaming.

I think the best way to defeat all the dumbest proposals flying around is just to let these people talk without interruption. They’ll foot gun their own nonsense

PSA: if the drivechains people convince the majority of miners, they can start using drivechains WITHOUT a fork. We need to be prepared for active resistance. Bitcoin isn’t static by default exactly in the way most plebs think it is.

I agree this idea is bad and messes with important incentives in Bitcoin.

However it’s an OPINION piece. If we want to be freedom and free speech maxis even idiots have the right to share their thoughts. Like an editorial in a newspaper isn’t the paper saying they agree with that position.

I refuse to provide my real name to buy boring shit online. I should not have to risk my personal safety to buy t shirt or other dumb crap. Past KYC leaks have lead to dozens of threats to me and my family and it’s something I wouldn’t wish on anybody. Privacy = safety.

RFK can win, to me that’s the only logical conclusion from watching that debate and seeing the democrats eat themselves. Fine if you think he shouldn’t, but he can.

GM! In a society with freedom of thought and speech everyone can and should have their own opinions. We will often disagree. We just all need to be open to being wrong.

GM! Stealthily the best news this week after Assange going free: the US government bureaucracy will no longer be able to deny your constitutional right to a jury trial. It had become standard procedure for federal agencies to build their own separate kangaroo courts with no juries where they controlled everything. Fucking insane anyone thought that was legal or ethical.

https://finance.yahoo.com/news/supreme-court-curbs-sec-house-143209539.html

Just curious, what would swing your decisions to solo “lottery” mine versus say pool mining with Ocean and getting paid via lightning? Just a pain to setup CLN with Bolt12? Hopefully that setup should get easier with time

I hate it passionately but cars are expensive af and free public transit = lots of sats stacked

If they are on Nostr I haven’t found them. The host is a pretty based bitcoiner though so I’d expect him to join soon if he hasn’t already

GM! No KYC data is safe and it will all eventually be leaked, whether accidentally or maliciously https://finance.yahoo.com/news/hedge-fund-billionaire-drops-suit-212947869.html

May I ask why folks hate on LinkedIn so much? Almost every job I’ve ever gotten was in some way through that platform. There’s ridiculous noise there too, but it’s super powerful to network and find jobs. I think it’s very valuable as an individual to just have a page, never publicly post, show your direct projects credentials and accomplishments, and not use it like social media.