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Kush
c0d472c61d402b4a520804c14247aec97f3778a0a43fe347ce53bae7be75376b
I’m a regular bod born & bred in South London of Jamaican parents. Was fooled into crypto via a scam, got rugged. Went altcoin, got hacked. Found Bitcoin, ain’t looked back!

As we say in South London ‘run them tracks selector’. You’re quite the DJ Delly… easy beats

Yep… stacking sats keeps us humble

Replying to Deleted Account

GM. nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg 's Cashu.me is the single easiest onboarding experience to Bitcoin.

Tipped my HVAC guy in ecash the other day and it took about 60 seconds for him to get cashu up and running and receiving the sats.

Worst case scenario is he never studies bitcoin and the sats get stranded and it's a donation to the network.

Best case is that he's incentivized to study it now.

LoLz! I feel you B. I agreed to settle a P2P fiat debt in bitcoin but decided against cos I’ve a feeling my pal will loose his keys and strand them there precious sats!

Replying to Avatar Five

You should use P2P exchanges whenever you can but I'm afraid the "no bitcoin onramps, only fiat offramps" reality is increasingly true.

In the medium to longterm it won't matter that you operate with lower-value transactions because they keep moving the threshold lower to demand ever more burdensome kyc info for transactions.

Moreover, you will have to deal with sudden account freezes and transaction cancellations if you keep sending money to strangers. It's just a reality of this model, one that cannot be mitigated.

Since the financial surveillance system is increasingly consolidated into one big honeypot, you will not be able to escape with multiple bank account tactics.

One solution is to coinjoin funds or do atomic swaps but that does not erase kyc data. It is a suboptimal solution.

I see three real solutions that remain for freedom-minded people to acquire kyc-free sats:

- Mine bitcoin in a non-kyc way

- Exchange fiat and goods face to face

- Work for it

...and of course you should keep most of your funds in Self-Custody. Maybe some on LN(LSP model makes it easier) and pocket money in #ecash mints.

Realistically you will rarely do option 1 and 2. Working for sats is the best solution and it will bootstrap a freedom economy of Sovereign Individuals.

The best way to get this freedom economy going is in my mind obviously nostr. That's why I am building #satshoot and keep supporting this ecosystem any chance I get.

This is my thesis. What's yours?

#asknostr #kyc #privacy

I hear you on the P2P buying of bitcoin and accept we pay a premium for this. I’ve experienced the increasingly restrictive practices of banks etc on P2P purchases. We can only expect this escalate.

I’m with you 100%… mine non-kyc sats is our first port of call which doubles up by securing the network. Face2Face exchange of fiat and goods is great for making irl connections. I’d say working for sats takes us into the realms of the elite. If we’re earning sats we’ll move to paying our way in sats which is the ultimate network effect.

Will take a look at #satshot

Replying to Avatar Seth

🤔

HaHaHaHaHaHaHaHa!

Replying to Avatar daniele

Say hello to Nstart, Nostr's onbarding tool!

Nstart aims to guide new users to Nostr offering a easy and no-nonsense onboarding wizard, with useful hints about the protocol and some really exclusive features:

- Easy local backup of your nsec or ncryptsec

- Email yourself your ncryptsec, as additional backup location

- Create a multi-signer bunker URL for Nostr Connect (more info below)

- Auto follow the contacts list of some old and trusted Nostr users

- Customize of contact suggestions, useful for onboarding friends & family

Try Nstart live at https://start.njump.me or watch the video below to understand how it works.

A note about the multi-signer bunker. This is really cool stuff made by nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6, that uses FROST to split your nsec in 3 (or more) and distribute each shard to an independent trusted remote signer. This will give you a bunker code that you can use to log in to many web, mobile and desktop apps without exposing your nsec. If you ever lose your bunker code, if the signers vanish from Earth, and it stops working, or if it gets stolen by a malware virus, you can use your nsec to create a new one and invalidate the old one.

More info and source code: https://github.com/dtonon/nstart

Enjoy it and send back any feedback!

https://chronicle.dtonon.com/77b9a397cbbcd63f3bfc78ff2b2c0607e4ffa698a1fad33ab4736593c8ad4f90.mp4

Looking good Peeps

Replying to Avatar Brad Mills

If Bitcoin is digital property and Bitcoiners are becoming autonomous/sovereign individuals, the historical analogy of being paid in Bitcoin for services lines up with pledging allegiance to a nobleman / Lord or Baron & getting a land grant as a fief.

Vassals would receive land grants as a reward for loyalty, but it wasn't that they owned the land, they could use it. The noble retained the rights to the property & could reclaim it on disloyalty or death.

Eventually the descendants of vassals could inherit the land but they would still have to pay homage & fealty to the lord/nobleman to keep it.

Vassals of a lord/baron were expected to do things such as accompany them on travel as an entourage, give them counsel on legal matters, fight with them in battle (or hire a mercenary) & let the lord & his servants use their accommodations when required.

With bitcoin lending & miniscript maturing, this could actually come to fruition a lot sooner than we think.

Imagine giving a fiefdom of 1 BTC to a vassal of your citadel where you are using a composable miniscript multisig setup that allows for your vassal to borrow against the BTC and "work his digital property" ... but the even of disloyalty (he doesn't pay back the loan) or death, the BTC comes back into your treasury.

For viceroys, castellans or other direct reports declare allegiance to your digital citadel, a blockchain property grant of X BTC could be created as a reward to demonstrate your trust & support, or if you want it to be earned it could take the form of a decaying multisig that decays to just a single sig or multisig that is in their control after X time of proving loyalty.

Had another read through. I think the initial payment in bitcoin transfers ownership thus initiating the seeding of another Sovereign Individual.

I think the idea stands up and if real interesting from your point on bitcoin lending. Opens up the potential for an individual/family/community to add value over time. The miniscript, multisig, timelock thing could be well worth exploring

Replying to Avatar Brad Mills

If Bitcoin is digital property and Bitcoiners are becoming autonomous/sovereign individuals, the historical analogy of being paid in Bitcoin for services lines up with pledging allegiance to a nobleman / Lord or Baron & getting a land grant as a fief.

Vassals would receive land grants as a reward for loyalty, but it wasn't that they owned the land, they could use it. The noble retained the rights to the property & could reclaim it on disloyalty or death.

Eventually the descendants of vassals could inherit the land but they would still have to pay homage & fealty to the lord/nobleman to keep it.

Vassals of a lord/baron were expected to do things such as accompany them on travel as an entourage, give them counsel on legal matters, fight with them in battle (or hire a mercenary) & let the lord & his servants use their accommodations when required.

With bitcoin lending & miniscript maturing, this could actually come to fruition a lot sooner than we think.

Imagine giving a fiefdom of 1 BTC to a vassal of your citadel where you are using a composable miniscript multisig setup that allows for your vassal to borrow against the BTC and "work his digital property" ... but the even of disloyalty (he doesn't pay back the loan) or death, the BTC comes back into your treasury.

For viceroys, castellans or other direct reports declare allegiance to your digital citadel, a blockchain property grant of X BTC could be created as a reward to demonstrate your trust & support, or if you want it to be earned it could take the form of a decaying multisig that decays to just a single sig or multisig that is in their control after X time of proving loyalty.

Seems well thought through. I need to give it a couple more reads to make sure I understand the idea