100% I love Steganography. I have heard people do cross reference common photographs for pixel deviation but, You can always make false positives which is really fun too.
I don't think anyone actually understands what the threat is nor what kind of applications quantum computing accomplishes. Besides if quantum computing cracks both ECDSA and SHA-256, literally every system breaks. This is the equivalent of the "What if the government detonates an EMP, how will you use bitcoin then?" argument. Yeah, I guess the perfect money wouldn't help if the world blows up. Lol
By definition black markets are not permissioned. If I told you "Hey here's a thing just like bitcoin but private" what's your first question?
-How is it just like Bitcoin but private? Does it have a supply cap? Does it have a similar network size? Market capitalization? Auditability?
Since the answer to all of those questions is No, then you would say, That was a lie right?
Monero's marketing is based on a lie. It is just a token that has some neat tricks to obscure sender, recipient, and amount. It does not have all of the properties necessary to be a good money technology. Namely scarcity. Even with scarcity, the network (and anonymity set) is too small for more market capitalization.
So, the overall point is Black markets are good because of the freedom and anonymity. The answer is not to then use the currency popular to the biggest black market (which by the way would be Ramen noodle packets because prisons have the largest black markets and that's what they use). The answer is to make markets more free and anonymous by making authority obsolete in a market, which is what bitcoin does. Anonymity comes when people use it as it is an opt in feature since the beginning of trade. (Knowing you trade partner and all that)
Lol, I was mocking you, genius.I simply said what you said to me. Boy, you seem angry. Been losing your wealth by saving in Monero?
If I saw this chart, I'd be angry too.
How would they know who accepts it? (through the protocol, not meatspace.)
Sparrow does. Do you mean on Mobile?
pacman... Arch BTW.
Yeah, I didn't know if you guys collected manure at all. I didn't mean be a factory but, more so if you had excess fuel, here's a use case type thing.
Points 1&2- yeah custodians can rug you, this can happen with literally anything(yes with XMR)
Points 3&5- if you cheat, your channel peer gets compensation. If they cheat and you don't catch them for 2 WEEKS using a lightning wallet, watchtower, lightning node software, yes you got your money stolen. That seems reasonable because if you do catch them they risk node access, all of their channel funds, and reputation.
Point 4- yeah, don't let people use your computer and route over tor.
Yes, I conceded that if you try to steal your peer's funds, you DO lose your funds. My bad, I should have stated that caveat.
Force-closes are extreme circumstances. and the HTLC has a lock to avoid scams. giving someone 2 weeks to see they were being cheated is a feature not a bug. in most cases the collaborative close is used and you get on chain funds as soon as the txn is confirmed. it would be much quicker if threat actors weren't a concern in the real world. having the entire financial record on chain at the rate cash or credit is used would need storage the size of a Colosseum to verify. keeping rapid transactions off chain for velocity and on chain for settlement is the best way to keep a system decentralized.
lol, and again, read the thread. some force closed channels were returned to their on chain address. the other 4 channels in question were still open and active channels that were later collaboratively closed. and a nice telegram scammer to throw into the mix. no funds were lost.
did you read the thread or just the headline? no funds were lost. they returned to the on chain address when the channel force-closed. (By the way Alby was a custodial node service so, not a great example of a sovereign use of lightning.)
I'm kind of tired of hearing this "never sell your bitcoin" grift. Yea, that's great in a world of corporate finance where apparently there are huge lines of lemmings to give you money for basically free.
However, on the retail side, almost no good options exist without significant counterparty risk. I resorted to having to use Unchained because my use was for an investment so i formed an LLC and was able to make that work. Great.
Hearing some of the latest content from people like Mark Moss telling you once again to never sell your coin, but also failing to mention as someone who should be an expert has been liquidated himself in BTC lending.
Just tread lightly with all this influencer bullshit fallacy of never selling coin. Do what you need to do. Live below your means. Take care of yourself and your family - you're not going to live forever. And in the words of nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx, live freely.
Selling is when you exchange currency for an asset or good. You should absolutely SPEND your bitcoin which is exchanging a monetary asset for another asset or good. You should never sell your bitcoin for a fiat coupon.
usually distraction from military activitiess. Syria is likely. The domestic healthcare charade is another distraction. No one was that upset about health insurance before that guy got popped. now, everyone has a very large diatribe about the ways insurance screws you over. has the "a threat to our democracy" vibe.
cool, link me one instance and I'll conceded. But technically there's no way a lightning contract "loses" funds. You simply force close the channel, the funds return to your on chain address. What I find is people like you don't use things correctly, don't have access to your on chain addresses, you don't have a self hosted node active, or have watchtowers for any counterparty risk. You say things like:
I lost my Bitcoin when I used lightning!
"what happened?"
well Ididn'tb write my on chain private key down, I deleted my wallet then my channel partner force closed while I was trying to move funds!
-So in short YOU did that yourself. You threw away the combination to your vault and expected to be able to access it.
Check out voyage for quick clean updates from Npubs you follow. No extra bells and whistles, just straight notes.


