What's the minimum viable open dime gift?
...In terms of spend efficiency utxo constraints.
So they could technically be sold out?
Blackrock: "Sorry, we're at capacity now. Come back for the newly printed IOUs tomorrow"
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
Matt, on the KYC front, if you move out of your country, your bitcoin becomes KYC free.
Thoughts on that ?
I'm listening to RHR right now
Well... Try to sell it and then re-enter the country. See if it stayed KYC free.
I think it's pretty safe to assume that at least the G-7 will share the KYC data. Especially as soon as they start tying some enforcement actions to it. (State) Criminals from other countries will find their ways to access the data as well.
So let's rather stick with the notion that you can never delete the KYC record, no matter what you do. You can obfuscate the future movements of the coin, but you'll keep wearing the target on your back until you change your identity.
Dang. Good point. So many of those gifted open dimes and Sats cards are getting progressively useless if not cashed.
I did give a handful with the instructions to "open on x anniversary / on 18th birthday... "
☠️☠️☠️
They need the budlight boot.
#m=image%2Fjpeg&dim=768x1020&blurhash=_ME.%3BDMwENf5s%2CWWt7.TVrxZn%24NIa%7DoeW%3DROxwRjayoLWBWaRPt8Rjayj%5Bn%24S*RPWAj%3FWVbHof%25gRPRkWCs%2Bj%5BflIWV%5Bxsf7bIWCV%40%251RkIpWCxtjZWBS5WVobj%5BWXj%3FWB&x=9b64a2f519edebfd4eae96001eee9f176e5e3cb6cf40ac711953d473bd9330b6
Interpretation?
It's little overwhelming visual for me.
Who can explain me this? #asknostr
nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp evaluates passphrase backups as "mediocre" and considers SeedXOR the superior alternative. He argues that passphrases are flawed due to their 2-2 setup, posing a risk of losing funds if one part is lost. Nevertheless, the same vulnerability exists for SeedXOR (2-2, 3-3, …). I don’t see any downside as long as the passphrase has a 256 bit entropy. Multiple backups are essential for both solutions.
Lopp on Passphrase backup:
„This gives you a security model that's the same as a 2 of 2 multisig setup. Do you know why 2 of 2 multisig isn't popular? Because it has 2 single points of failure - if you lose either part, you're screwed. I've seen quite a few people over the years get locked out of their funds because they forgot or lost the passphrase that accompanied their seed phrase.“
Lopp on SeedXOR backup:
„Seed XOR is, in my opinion, a superior way to achieve the properties that folks try to get with a "25th word passphrase" or via naive seed splitting, while decreasing the complexity and improving plausible deniability. Note that this is essentially an N of N (2-of-2 / 3-of-3 / etc) split backup, so you're going to want multiple sets of XOR'd backups to ensure that losing a single plate doesn't cause catastrophic loss.“
Good points. They are pretty similar in effect.
I'd argue that plausible deniability is little better since each XOR part looks like a seed. And that it might also imply more care from the holder when storing than just a (shorter) passphrase.
I agree passphrase is easier to understood and to use. And the security is the same IF treated well. But it's a big if.
Still 2. To merge them, you have to use them as inputs in a single transaction.
Learned some new things from Bezos.
https://open.spotify.com/episode/5D4rToJ6IW2JsilsvuKeA1?si=Vk_307_UR-2IYH4KekatuQ
I can't stand how slow Lex speaks, but of you're saying it's worth it, I might add it to the list.
Conor 😭😭😭
Ronaldo looks annoyed af 😭
https://video.nostr.build/bdc79eb9c605b3a405997701d6c4de69e6668ecab8fd54dac920f32df50909ad.mp4
#m=image%2Fjpeg&dim=680x561&blurhash=%23WIzhl%25L-.%251xtM%7CkCR*of%7EVxaS4R*t6M%7CbHoej%5Bxuj%5BM%7CR*j%5BnioLkCWV%24*aeRkNGWCoyj%5Baej%5BtQR*oLxZfit6ayR*oKSNRkjZsojZfkoeayR*s.s%3AWCR*WXR*oLofaf&x=6a5112916890d60ef6163e2a0bdb25c31f0f8a05b86a6dfaefd2bcc405d847ef
It will hyperboost B-commerce.
- More purchases in Bitcoin will come through nostr than through all other channels or direct combined.
Preparations for tomorrow almost ready, all these are down! Our national cultural thing is to eat fish soup and fish and potato salad and trust me, they're not as healthy as they sound. Our Eve dinner is a gallbladder killer.
French have mirepoix and Americans holy trinity I believe, we have base taste combo of celery, parsley (both roots) and carrots. But I'm doing grilled pumpkin with kurkuma as a soup base this year, it tastes nearly the same.
Bloody delicious thing our Christmas dinner is!🤩
https://nostrcheck.me/media/public/nostrcheck.me_2723930453184570171703339799.webp #christmas #foodstr
Zavidim; enjoy! 🎄
I don't recall seeing any actual economics there for as far as I can remember. On the other hand, lot of anti-economics nonsense, normative judgment and politics.
Wasn't he supposed to be constrained by the lack of power in the congress?
So how is it; what powers does the president have there and how much support he gets in the congress?