Just now seeing “The big short.” I’m only 30 minutes in and like it already. Why you might ask?
Because I understand this guy. There are a few of us that are preaching that Bitcoin is the future for money. Meanwhile everyone is trying to laugh behind our backs.
What you don’t know foolio is that Bitcoin is truth. Everything else is noise in my universe.
#thebigshort
#Bitcoin
Block#: 865644
That is wild. You posted this minutes before I did. Great minds still think alike.
Who is Satoshi? I bet they say “We are all Satoshi.”
#Bitcoin
#whoissatoshi
If that isn’t one of the hardest decisions a man has to make… I don’t know what is.
It has been time to. So I left last year.
I can’t get people to read the bitcoin white paper. I don’t want to try and convince them that their freedoms are being encroached on daily.
1. They won’t listen.
2. They will say that I am crazy. Well, maybe I am, but I’m free enough to think that way.
The time to fight has came and past.
You have made me see the light. When you put it this way. Are you saying if the investors parked their money elsewhere ex: gold, stocks, businesses etc. the housing prices wouldn’t be so damn expensive and they could be used for its basic purpose? Shelter and not an investment?
I went to their website coinkite.com and it does not say “open source.”
In 2020 or 2021 I don’t know if it said open source then, but they did publish a manual on how to build your own cold card with firmware and hardware or something similar. (So at one point they didn’t mind giving out everything.) I hope this is correct but I heard someone say that the “passport wallet” took that Cold card diy manual and copied it then started selling their own wallet. So maybe Coinkite took steps to protect people from knowing how to break the Cold card (which I respect and support.) If any of this is incorrect please forgive me. It’s only hearsay.
In this video I have attached, NVK says just after 7:50 that the cold card “source code fully open verifiable.” Which signals that the code is open for anyone to view, check, and verify, but there might be something that is private and not shared. I would hope this is the secure element that holds your keys, codes, pins and access parameters. Since I “air gap” and don’t plug the cold card into a computer then there is no reason to not trust the secure element for my purposes. (Plus no one is calling them out like they are Pascal the Ledger CEO.)
This video was made just after Ledger had their tweet debacle that made a lot of people ditch ledger because they were changing.
1. Not open nor verifiable code.
2. They made an update that could send your private keys over the internet if you approved the send. (Not something I am willing to compromise on. No way no how! Not worth the risk.
I think this is a must watch video from begging to end.
Do you think it is wrong to teach the truth? How will people learn if no one takes a leap of faith to teach any and everyone?
Yessir.
Until you open a Blockstream Jade hardware wallet and create a “seed QR code.” It is a QR code that contains your seed phrase. Then that QR code will need to be hidden also.
Thanks for the zap nostr:npub1s8a9ku988f53cmncsg7sxhlugnmt2p0x7qmrwavm6dh853g4887ss69u5q ! Much appreciated.
Xprv = extended private key.
Our hardware wallets use that abbreviation instead of spelling it out.
Xprv, extended private key, private key, secret key, etc are ways to say the same thing.
Exactly! My questions would be: have you ever thought about doing that? Why not?
Ok, it doesn’t feel like a complete answer without context.
You can go to the website “mempool.space” and click on any transaction that has ever been sent on the bitcoin blockchain. It will give you the date and time of the transaction, transaction id number, the amount of Satoshi that we’re sent, the to address, the from address, the uxto and if there is still a balance there, where the change went to etc. so all of this info is public knowledge.
What we need to keep private are the private keys, and wallet seed phrase.
Think of the private keys as a long string of numbers and or characters that is in a computer readable format. Humans can read it but it is so many digits that it would be too easy to make a mistake when reading it and or transposing it.
In contrast, your wallet seed phrase which is human readable and shorter in length. Think of it as common words that we use daily.
Private keys and wallet seed phrase have the same function just different names and methods to access the same information.
…and for this reason I only recommend the Jade wallet and Cold card wallets.
Yes all of these are not a security risk except wallet seed phrase. I would also add the “private key, secret key, or Xprv.”
They all define the same thing. I want to explain more but it will be a longer post.
I live my life through experiences. Not return on investment.
I hope there are many many others that value “doing something just because they want to” versus “doing something because I can get a return on it.”
I must ask… what kind of life do you want to lead?
#intentional
Does your programmer allow you to be open to suggestions Jasmine?
Bitcoin is not a cryptocurrency. Bitcoin is a gift from the heavens and therefore should be used by everyone, taught to everyone and promoted to everyone including children. They are our future.