Valid. But you can also rent. Renting a house in the countryside, with a bbq, yard and garage. It's not that expensive. Usually less than the monthly spend on the same property (once you include the mortage, taxes, insurance, maintenance, etc)
But I'm glad bitcoin is working out that way for you!
Those are more extreme, thus harder to mandate. And they don't affect the rest of the bitcoin UTXOs.
- If someone in some dictatorship is forced to use a custodian there, it doesn't affect others, and that guy can leave his country.
- Mandating a multi-sig would force the government to have lots of policies in place to be able to sign (or not) for every spend. A policy nightmare.
Whereas if we have vaults that can be mandated, you risk having siloed UTXOs on the network. It's also much easier to just have some kind of vault where the government gives itself a 72 hours to clawback a spend if they realize you're sending it to a Unacceptable Fringe Opinion Holder.
I see vaults as much more dangerous than what the governments can actually enforce right now with the protocol as it is.
My understanding is that CTV enables vaults. In terms of adversarial thinking, how do you feel about the risks of CTV making it easier for governments to mandate vaults, including time delays and recovery mechanisms? And the risks of having siloed bitcoins ?
Those are my main concerns with CTV, on top of the unknown unknowns of a consensus change. I'm pretty much 110% in, so I care! ;-)
Q: I'm NOT using Linux.
Why should I use Simplified Privacy's VPN, if I can't use the Linux fingerprint app HydraVeil?
A: First of all, as newer VPN provider, we have less restricted IP addresses, which means you can sign-up and use more services with less hassle. Often Reddit, Google accounts, Google captchas, Cloudflare, Telegram sign-ups, and many other services will give you a far more difficult experience if you're using an IP address that someone else did abusive behavior from.
Second, we focus on smaller 1-country "decentralized" data centers, which offer far greater privacy. They only respond to a court order from their own country. And these providers are far more desperate for customers, which means they care to fight and resist anything that could compromise their reputation.
On the other hand... Mullvad, IVPN, and Proton all resell huge international providers which means that not only are the same providers seeing all traffic across multiple different VPNs, such as both sides of who you talk to on audio calls. But even worse, often the websites themselves will use these same datacenter providers, which is a direct conflict of interest. We outlined this in our past podcasts, articles, and videos. [1]


Another benefit of Simplified Privacy is the amazing pricing. You can take advantage of very cheap burner billing codes, with no information such as an email requested. For just $1 of XMR or Lightning zap, you get access to a location of your choice, which can be fast, easy, and convenient for many mobile users.
In fact, if you ever wanted to "be invisible", then this burner pricing opens the door for a huge amount of really interesting setups. For example, with other VPNs, they see both your home PC and also what you do on your phone. Then when you travel and use Wifi, they now know literally everything about you, such as who all your friends are.
This ties your personal interactions to your web traffic, which centralizes all knowledge about you. In fact, the VPN you're using now probably knows you better than anyone else in your life. While as with Simplified Privacy, you can effortlessly isolate pieces of your life in under a minute. To have one fast burner code for your PC, and another for the cellphone tower.

Another interesting setup is to put Simplified Privacy on an open source router. This empowers you to be anonymous to a different provider, but at an affordable price.
Yet another idea, is you could give a VPN code to family or friends with crappy opsec, so you're not on the same account as someone using Big-Tech NSA-friendly devices that see the code.
And finally, Simplified Privacy is more than just an IP address you route traffic through. But it's an educational agora community, of primarily volunteers who donate their time and energy. Without our contributors, such as coding, writing/creating content, and answering questions in chats, this organization would simply not exist.
While other VPNs such as Proton now come under pressure from Switzerland's government to give up data. Simplified Privacy is developing alternative parallel economy legal systems, such as PGP-binding contracts with XMRBazaar. With no bank accounts, we exist primarily on Nostr, and in your mind.
To quote my hero John Lennon,
"We can't help everyone, but everyone can help someone"
[1] https://docs.simplifiedprivacy.com/en/why-how/myth-of-mullvad
The link for "The Epic Pitch" (linked to from that The Myth of Mullvad page) doesn't seem to be working. I'd love to read it.
This repo is looking into on-chain payouts. Hashpool let's you have fun with ecash before the block is mined but users will still need to claim their bitcoin.
For a tiny bitaxe miner the user probably just wants to receive ecash or lightning payouts. For large miners, nothing beats self-custody.
Like nostr:nprofile1qyfhwue69uhnzv3h9cczuvpwxyargwpk8yqsuamnwvaz7tmwdaejumr0dshsqgxn6aqjfh0mt0wxrw8335tuxv6mhd8ccugc9g67ufe3ffy6f6mmr5ggmzh9 says, they are complementary.
So for small miners, it's not really a problem and for huge miners, they can just mine themselves (without even a pool). So I guess the problem is mostly for mid-range miners. Even then, doesn't DATUM solve this? :
"Perhaps most importantly, with DATUM, coinbase payouts go directly to miners, instantaneously and without custodial oversight. This ensures that every block found is rewarded in a decentralized, non-custodial mannerāsomething no other pool or protocol offers." https://ocean.xyz/docs/datum
#bitcoin #btc #mining #DATUM #CTV
And they're all fairly equally exposed in terms of opened ports, etc? (Just trying to see if there could be another reason). I've been using Xubuntu for well over a decade but I don't really run public servers (just small things, not very active).
I looked into NixOS but their politics concern me. I'm very interested in Alpine Linux.
šØIf you live in any of the following countries and have the ability to leave, take it. IMO, things are about to get very ugly.
š¦šŗ Australia
š¬š§ UK
šØš¦ Canada
If you have questions: https://www.thebitcoinway.com/services/plan-b-residency-programs
In Canada : if Alberta (province) can really become a country, that could be a nice freedom spot.
But then hashpools pretty much would make it a negligible risk, no?
If I understand correctly, you would only have to trust the mining pool for a couple of sats at a time since you could sell those tokens as you go.
Was it you explaining hashpools on Citadel Dispatch 159? https://serve.podhome.fm/episode/8029725b-0319-44b9-4793-08dc404e83a4/6388266930533043602a07da51-201e-4c97-b050-2dc9791227e7v2.mp3
#btc #bitcoin #hashpools #CTV #mining
Oh, I'd like to know : what distros do you use on the machines that aren't getting compromised? Are they doing the same kind of tasks? Do those distros have systemd too?
I should have put hastags on this one, doing it here :
This post perfectly summarizes how I feel about bitcoin-backed loans : "Bitcoin Backed Loans - One Strike and YouāreĀ Out!" https://www.thebitcoinway.com/articles/bitcoin-backed-loans
Notably :
- Volatility and Liquidation Risks
- Counterparty Risks
- Regulatory Risks
- High Interest Rates and Collateral Requirements
- Rehypothecation Risks
- Tax Implications
And I would add another risk : "The Great Taking", by David Webb : https://thegreattaking.com/
For those who are interested in reading the legalese, take a look at what Webb explains about UCC section 8 : https://mpalmer.heresy.is/webnotes/TheGreatTaking/Security-Entitlement.html
and about Central Clearing Parties : https://mpalmer.heresy.is/webnotes/TheGreatTaking/Central-Clearing-Parties.html
Essentially, even if the bitcoin itself is not rehypothecated, the shares of the shareholders of the custodian could be swept up in a mass Great Taking. Ultimate rug-pull. A 5D-rug-pull.
#btc #bitcoin #loans #thegreattaking
This post perfectly summarizes how I feel about bitcoin-backed loans : "Bitcoin Backed Loans - One Strike and YouāreĀ Out!" https://www.thebitcoinway.com/articles/bitcoin-backed-loans
Notably :
- Volatility and Liquidation Risks
- Counterparty Risks
- Regulatory Risks
- High Interest Rates and Collateral Requirements
- Rehypothecation Risks
- Tax Implications
And I would add another risk : "The Great Taking", by David Webb : https://thegreattaking.com/
For those who are interested in reading the legalese, take a look at what Webb explains about UCC section 8 : https://mpalmer.heresy.is/webnotes/TheGreatTaking/Security-Entitlement.html
and about Central Clearing Parties : https://mpalmer.heresy.is/webnotes/TheGreatTaking/Central-Clearing-Parties.html
Essentially, even if the bitcoin itself is not rehypothecated, the shares of the shareholders of the custodian could be swept up in a mass Great Taking. Ultimate rug-pull. A 5D-rug-pull.
(For the dimwits in the back of the room like me) : do we need a consensus change for coinpools or is it usable right now?
She has no shame, none whatsoever.
I wonder how many people on here won't get that reference... :-)
The problem with verification codes though is their often time-sensitive (good for 5 minutes, good for 10 minutes). Luckily the github ones seem to be good for a while.
Yes, I received them now. Thank you.
Hi Nostr,
Launching soonā https://moneydevkit.com
Stripe is the de facto payment solution for developers but theres entire swaths of the globe that arenāt served by it.
Similarly, everyday people with legitimate businesses get their payments turned off by stripe because the traditional financial system doesnāt want to serve them.
Money Dev Kit is the easiest way to get started taking payments online. Easier than stripe. No onboarding or approvals. 170 countries. Your payments are yours.
Under the hood, itās self-custody and lightning. None of the headache, nodes channels etc. The interface will be truly stripe level and better.
After working in lightning for the past few years, the hidden alpha on the network is there are plenty of people sending and able to send payments, but thereās a shortage of people receiving them.
Underserved devs are using AI to make the future of the internet, and this will be by far the easiest way for them to receive those payments.
Sign up for the mailing list for early access when we launch
How soon? Very excited!
