Primal.net is NOT an option if you care about your privacy and security of your #data.

Don't be like the people that choose instant-convenience credit over #cash.

Make the difference here and now. Drop #Primal, help build the ultimate UX from the ground up to have #PII security built-in from the get-go. We can no longer afford compromises.

Remember: These relatively low #timechain fees can be dangerous. Many wallets still don't allow full #fee control when making a TX. All it takes is for the fees to suddenly spike up again for weeks straight and your #channel will remain unopened, unclosed, balance in limbo, etc

When fees are low, it may be a good idea to pay on the highest end of the spectrum.

Getting there.. Old node has been decommissioned, and new node up.

Next up, channels.

If anyone wants to open a #channel, hit me up.

And lastly, just need to connect this up to a reverse-proxy a few thousand KMs away to route #Lightning Addresses and #cashu.

#Start9 0.3.6 can't come soon enough... And yet, I miss the days of running every service individually on docker containers, linking them up, etc - But nowadays, we have to build upon more solid foundations, for what comes next.

Absolutely, just lately I've been finding them coming out in full force due to recent goings on with Bitcoin - Tends to happen at least once a cycle.

In effect, it's amusing to see the numerous excuses they have for defending Insert_💩🪙 _Here when they don't understand the basic principles behind Bitcoin.

In fact, what's worse? Shitcoiners, or NoCoiners that don't want to be helped?

I'm of the opinion they are one and the same, just one group has slightly more gambling tendencies than the other 🤣

Shitcoiners confusing accessibility and availability with #scarcity 🤦

Just because #shitcoins are getting delisted from exchanges, doesn't make them more scarce 🤣

Shitcoins aren't getting more scarce. #Bitcoin, however, is. And it being available on #centralized exchanges means nothing for its scarcity.

There's something here... 👇

nostr:nevent1qvzqqqqqqypzqx07l4lnnjtd9lmklplhvfaw0y29hjt3mz4jxgzsqkfe5k5380p0qy88wumn8ghj7mn0wvhxcmmv9uq32amnwvaz7tmwdaehgu3wdau8gu3wv3jhvtcqyqdcjytvy7zvqfhp9ru2ffewv3qsa7nes57zy0ys8fwwdzpzmpwtvegptqw

Bitcoin is the first global, permissionless money network.

If anything, laws and governments should adapt. Companies must change from the traditional process, and should build their products to be decentralised as their very foundation. Exclude no one, include everyone, and make sure no one can do anything about it.

Question - With FPPS it seems like one gets paid regardless of whether a block is found on that day, instead you're paid for the hash your provide, every single day.

On Ocean, you're paid only when a block is found.

Having tested both though, what I saw was that on Ocean when a block was found I'd get paid for my hashrate on that day, but not for all the other days.

So just trying to understand what I'm missing and how payouts are comparable (even with a differen time preference).

Would they allow Twitter?

If so, why? What would be the difference (to them)?

TIL the main developer for #Frostwire, one of the last-standing #Gnutella network clients, is an avid #Bitcoiner. They might just be among us.

I called out Primal on this a while ago.

The response? None. Immediately dropped Primal.

I don't think #banks understand what's coming for them.

Here's a real-world, first-person scenario.

I value my my freedom and energy spent and reward received more than the BS security they pretend to offer (I've worked in the legacy financial industry, I've seen it).

I'm seeing more and more people switch to OS' like #GrapheneOS where many bank apps just don't run, and that list is increasing over time.

Personally, I've reached a point I solely access my legacy fiat via a website. If that's, AT ALL, compromised at any point, me and my family are much more prone to reconsider our current life and plan our #fiat exit than we are giving up our values, and relocating to a more #Bitcoin friendly/needful country.

I know that, for those in a position to do so, they feel exactly the same way.

We're all just waiting for our very own personalized straw that breaks the camel's back.

For those that are not, I hope they have contingency plans in place.

Anyone notice how shitcoiners create vaporware with the name of actual #Bitcoin products?

It sometimes really makes me wonder whether it's done on purpose just to confuse average joe looking it up on his Google Search and clicking the wrong link.

Latest I've heard is the "#Zeus network" ... GFY 🤦

I need to re-consider some of my follows.. 🤦

Peg-in is the process in which you peg on-chain Bitcoin to Liquid Bitcoin (L-BTC). Essentially, the liquid network has its own Bitcoin, which is pegged to on-chain. For it to remain "honest", close to 100% of L-BTC needs to be pegged to actual on-chain Bitcoin.

Liquid is a Layer 2 Bitcoin network developed by Adam Back's Blockstream.

It is a federated network with around 16 companies - As such, it is fairly centralized, and is to an extent custodial, those are the main downsides.

It mirrors Bitcoin's block mining for TXs, but at a faster rate and cheaper fees.

Transactions are also confidential.

It's much easier to peg Bitcoin to Liquid, hence it's accessible.

I wouldn't use it for custody of large amounts, but it's a good way of breaking tracking between UTXOs and potential wallets on the base-layer chain, because of the confidential TXs as well as it being a layer 2 - You enter(peg-in) with a set of UTXOs and exit (peg-out) with a completely different set of UTXOs. Joined in with good UTXO management practices, and you have a good starting practice for privacy.

Peg-ins by themselves aren't super cheap, but they can be worse if you don't use the peg services directly. Example, instead of using Sideswap directlly, one uses Aqua Wallet, which does use Sideswap but for some reason ends up much more expensive in fees. That's been my experience.

Okay okay, hang on - Why do you think the usage of "ecash" means we're on the right path, when there are at least 2 different implementations of it on Bitcoin alone?

I personally have used ecash, but equally have become aware as time goes that we may need to, very much unfortunately, use 2 different terms instead otherwise it WILL cause confusion when I want to pay someone or receive payment.

If only it was possible for cashu and fedimints to be interoperable, then ecash would be the defacto term to use, but it doesn't seem like that'll be true given the4 circumstances.

#Liquid network is fairly decent as first-step deterrent in #UTXO tracking, but if you're not careful with how you peg-in, you'll get CRUSHED by fees.

#Bitcoin #Privacy

TrustWallet.

Everything about it just screams "NO!!", even the name - It's just unfortunate it even exists and many might just fall for it, especially during the upcoming self-custody wars.

It also sets a precedent for pretty much any looking-to-be-compliant and/or KYC wallet out there.

It's the 21st Century Inquisition.

DON'T use wallets that don't let you:

- Manage fees

- Manage UTXOs

- Generate new addresses

Use #Bitcoin nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5, or #Samourai if you still run a #dojo.

I've been thinking about this as well.

Here are my thoughts so far:

First, over the next decade I think we'll further define, cement, and make mass-aware the differences between anonymity and privacy.

It's hard to have both, but it's also hard to make the case for one and not the other. Technologies like Bitcoin and nostr are pushing this, as is the amount of force in the push for anti-privacy by governments and even corps.

Second, might take longer than a decade, but I think the ad-based, data-mining, revenue model is proving to be rotten and it's starting to crumble.

The ad-based model was chosen as an easy exploitation of the internet when it reached the masses - But was never designed to be sustainable. Data-mining specifically will be the hardest of the practices to get rid of and is why educating people on anonymity vs privacy is important, but is also why platforms that allow for those will be the first line of defense. It's just not sustainable as people reclaim their rights to sovereignty. It's precisely why so many consider nostr a different internet altogether - It's the accessibility in running related infrastructure.

Of course, all this hinges on the people actually wanting to fight for rights and sovereignty that was lost over time, on people equally accepting responsibility they once let go of.

Overall, you can absolutely monetize things solely off of digital data, but it's hard to do so without an anchor to a real-world identity - The where, the when, doesn't have to be the who, otherwise you can't ensure data-relevance for whatever you're selling or buying - Those that choose anonymity, even on nostr, may well win out here.

One thing to consider also... Would a form of PoW implementation potentially help in stopping monetization crawlers as it does against spamming, for instance, within communities? 🤔