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Hendrix
cbd92008e1fe949072cbea02e54228140c43d14d14519108b1d7a32d9102665b
#Bitcoin #Privacy #FOSS #Freedom

If it were me I would start fresh. Dont want any doubts about your cold storage.

They are attempting to erode freedoms across the board. Movement, encryption, payments, introduction of a CBDC. They will not be happy until everything is monitored and controlled they way they have centrally planned.

These are "sold" as preventing terrorism or child abuse

Going for the low hanging fruit, who would argue against something sold as preventing terrorism or child abusers. They want everything open so that the tech lords can do their bidding with AI to find incorrect opinions.

2023: We only scan for Child Abuse.

2024: Small update, we added more terms to catch criminals. They are also bad people.

2025: These protestors are causing disruption so we need to see what they are planning so addibg some more terms.

2026: Fact Check, you have an incorrect opinion, are you sure you want to send this message?

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The city I work in has a historic culture of key money for leases. Most of the leases on the market are being sold by +70 year old owner operators, but at incredibly unrealistic values. At some point soon this market is going to come crashing down as they can't carry on working forever and their kids and grandkids aren't interested.

Elon will continue to fold. Any regime can make Telsas life difficult. I expect a lot of them are paying Tesla through subsidies and those are teats Elon is not going to want to stop sucking on.

In Phoenix you have the 12 seed words. Phoenix open a channel to your wallet when you deposit with them. Phoenix cannot take the funds and if they went out of business you could force close the channel and recover the funds in another wallet.

Both non custodial but Munn is not a lightning wallet. They do on chain payments in the background to make it work which is why the high fee environment has somewhat borked it.

On the flip side Munn can do on chain Phoenix not.

I dont think its the writing of the 12 words thats difficult. Its doing it offline, everyone is too used to using apple passwords. Few people will want to wrote it down, fewer still stamp it in steel.

Tor capacity is a little surprising but not that anyone who needs reliability is in a data centre.

I run a couple of lightning nodes one I would class as a reasonable size routing node and its tough and very much a hobby that costs me money and is a PITA when it goes down.

However Its relativly easy to run a lightning node with a few channels for personal payments which is all most people need. Hopefully one day this could be done on a phone to make it easier.