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₿ a threat through good works Bitcoin Purists OnlyZaps Activate!

In May 2024, I received my first Bitcoin payment through the nostr:npub1musqetp57matzsjcwd2y7tvxe59h85v74pqasnqxk7fhpwazzjpseyv5kr POS terminal. Since then, I’ve accepted more Bitcoin payments, and musqet has enhanced the user interface and made significant improvements to the backend, optimising the system’s performance and reliability for a smoother transaction experience. nostr:npub1drz03a5argy3hcvtcyh5tc6ws0q504skhxlq72lwxzsdp6r4w3yqkvqddy nostr:npub14tqz0qf33h7gc0t76ztca7d8aq2556u2umy3pva99dp064582qpqqjnqxc

https://m.primal.net/LNbb.mov

Correct. When you assemble the bits into the key it is a random 256-bit number, which is a private key for #bitcoin or even #nostr

By extension this could be a master private key that generates all your child keys and seed phrases

Freedom-from things and freedom-to-do things are two sides of the same coin—being free of external manipulation

Jealously guard being free

Keep freedom to transact by regularly transacting and #coinjoin #bitcoin with whatever tool you wish

Support those who make #private, freedom-defending code, despite losing their own freedoms

With #bitcoin you are free to transact any amount you wish around the world

#freesamourai #bitcoin #codeisspeech #whirlpool #samouraiwallet #privacy #ungovernable

https://p2prights.org/donate.html

Current #bitcoin “inflation” rate is 0.8% per year?!? That is ridiculous! Someone, call Jerome!! He’ll straighten #bitcoin out

ONE YEAR LATER…

NASA manager: Charlene? Who’s that?

Subordinate: She’s the one who found the planet last year during her internship

NASA manager: Let’s see who else applied

This #asknostr won’t be for everyone.

It’s targted to the super geeks out there!

In particular any #Cybersecurity #cypherpunk #Cryptography experts.

(For context I’m a former IT Director so I’m not completely ignorant, just I excelled at leading at people and teams while being able to get my hands dirty enough to implement vision coming down from the C-Suite at 30k feet.)

#asknostr

I recall reading research on Quantum Computing almost 20 years ago. And if I was reading it then, we know it was in development prior to that.

Recently I saw a brief documentary on IBM’s Quantum 2 computer (R&D Lab).

One of the things mentioned is it’s potential (not yet realized but expected by 2035) ability to decrypt in seconds due to the super position state of Qubits.

As such, this has a real conflict with #privacy and even potential impacts for #bitcoin #btc and other #proofofwork (for example $KAS #KAS #KASPA comes to mind with its algo prepped for Optical Computing… and perhaps Monero and another #pow )

But even #nostr can be impacted.

My question:

1. Is there any future proof, Quantum Computing resistant encryption out there or in development?

2. If in the #future Qubits can hold a super position long enough to decrypt, how might we combat that?

(I guess that’s the same question as Q1…but in my mind we have to re-envision the #math …the approach to #encryption once optical computing is mainstream and especially controlled by nation states which is what it is at this point as most “world leaders” view it as a strategic national #security imperative which is why they are heavily researching it)

—-

My point being, I’m interested in this conversation and perhaps some of you experts in this field can point me to where that convo is occurring.

Imagine a currency you can borrow but reverts back to its previous owner at some point in the future, like money on a string and a hook? What could you do with that kind of currency if every person knew the currency had this trait? Who would even want it, except to get rid of as fast as possible for something that doesn’t get pulled away

That is what we work for every day. The #fiat currency we earn has a built-in defect that reverts a small but incremental portion back to its originator every day. This is the money in your pocket. Your #fiat does not store your work—its built-in mechanism transfers itself back to the state over long periods of time

Switch to #bitcoin and cut the string

I pains me to keep repeating the obvious, but any investment needs to be measured in #bitcoin Functional terms

You have an investment portfolio? How does it perform in #btc?

You have assets? You have liabilities? How do they shape up when measured in #bitcoin

Any portfolio manager that doesn’t realise this will be left on the garbage pile of poor investment management

#bitcoin #bitcoinfunctional