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pailakapo
f61c8e88842f6f87a78ac43e0f9dd4c40c8f7843eed6518b3f7948c33072b2b2
Bitcoin for savings. Cashu for transactions. Freedom and privacy.

If you trust the mint then you can keep the cashu ecash. If you want to cash out (into lightning) you have that option with cashu. The mint will send to a lightning address.

So for the “pay another person” option, if the person takes ecash, you can send them a token. If they take lightning, you can pay the lightning invoice.

He’s probably just farting all over the North Pole also. Ugh, none of our grandchildren will have ocean front property!

I think the incompatibility of ecash tokens should be abstracted away.

I guess it could be abstracted away at the wallet level. I think that’s what Harbor was thinking about.

But I think the mints should do it. It should provide an API to the “other” ecash to convert. So if I send you ecash from Bobs mint, whether it’s cashu or Fedimint protocol, *any* mint could take it and provide you with a fresh one of *their* kind of ecash.

Now that I type the words, though, that sounds like it’s at the wallet level.

I’m really just thinking out loud. I think the ecash mint/melt/multimint swaps/cashu vs Fedimint is all just too confusing for me, and I’m kinda a little educated on this subject.

Yet he persists in listening.

Say it with me... TDS!

I want to add as many npubs as I can.

But I have no idea if I’ve already unfollowed this person previously.

A good feature would be to somehow keep my “dead to me” list and when presented with a “follow” link, make it blood red to know I shouldn’t do this.

What are the biggest threat vectors when using krux seed signer on yahboom like this:

- only connected to computer once, to flash firmware

- generate “good” entropy from camera (700k+)

- print QR code with attached printer.

- scan to get private key on boot up

- sign pbst from sd card

- transfer signed transaction on SD card to pc

- broadcast from sparrow on pc

Paranoid threat I see is:

- stuxnet attached to usb any time it was connected, so krux could get infected

- wrench attack until I multisig

A privacy focused company should have more options to pay without KYC. Google pay and shop pay are the only options.

I always look at these as a honeypot until proven otherwise anyway.

I'm interested in not being tracked. But then I figure they will know where "this phone" is at all times, but cell tower triangulation at least. Then if "this phone" spends most of its time at my house, its like 90% useless, cuz now the history of travels of "this phone" is now associated with me.

If this is a wrong assumption, I'm probably in the market.

Listen, you fantastically retarded motherfucker. I’m going to try to explain this so that you can understand it.

You cannot control an entire country and its people with tanks, jets, battleships and drones or any of these things that you so stupidly believe trumps citizen ownership of firearms.

A fighter jet, tank, drone, battleship or whatever cannot stand on street corners. And enforce “no assembly” edicts. A fighter jet cannot kick down your door at 3AM and search your house for contraband.

None of these things can maintain the needed police state to completely subjugate and enslave the people of a nation. Those weapons are for decimating, flattening and glassing large areas and many people at once and fighting other state militaries. The government does not want to kill all of its people and blow up its own infrastructure. These are the very things they need to be tyrannical assholes in the first place. If they decided to turn everything outside of Washington D.C. into glowing green glass they would be the absolute rulers of a big, worthless, radioactive pile of shit.

Police are needed to maintain a police state, boots on the ground. And no matter how many police you have on the ground they will always be vastly outnumbered by civilians which is why in a police state it is vital that your police have automatic weapons while the people have nothing but their limp dicks.

BUT when every random pedestrian could have a Glock in their waistband and every random homeowner an AR-15 all of that goes out the fucking window because now the police are outnumbered and face the reality of bullets coming back at them.

If you want living examples of this look at every insurgency that the U.S. military has tried to destroy. They’re all still kicking with nothing but AK-47s, pick up trucks and improvised explosives because these big scary military monsters you keep alluding to are all but fucking useless for dealing with them.

Dumb. Fuck. #plebchain #2A

The gun control nut jobs admitted as much when they sent guns to Ukraine. “You have to give the citizens guns, how else can they defend themselves?!”

1. Self host:

- cashu.me wallet

- LND instance

- nutshell mint

2. Open a lightning channel with WoS.

3. Profit

Different ecash implementations. So an ecash token from a Fedimint cannot be redeemed at a cashu mint, or the other way around.

Cashu is focusing on the many small mints where you trust and know your mint operator “trust model.” Cashu is only lightning for fiat on/offramp.

Fedi the company is running an app that will use the Fedimint protocol ecash implementation, but they don’t run mints.

Fedimint protocol mints are federated to a minimum of 4 mint operators with a multisig to the funds. Fedimint can do btc on chain in/out (I believe) as well as lightning.

Fedi should use nostr for their login and for their chat

“Thanks for picking that up for me! I will Venmo you the money.”

“Oh I don’t have Venmo but I can do bitcoin, CashApp, or PayPal”

*radio silence*

Even if bitcoin has world-class UX, I’m not sure if we’ll ever see widespread adoption until we can figure out how to release the absolute chokehold Venmo has on people, especially millennials.

CashApp may not be self custody but at least I can live my bitcoin life if someone uses it to send me money. Venmo has normalized digital payments so much that it’s changed how people behave and has become a verb. Nobody bothers to split bills anymore and they have stopped carrying cash. Why? Because they “can just Venmo you”.

I can see stack overflow error happening in real time when I tell my friends I don’t have Venmo because I don’t believe they created the social feature in good conscience and think it’s an awful thing for Venmo to try and normalize the destruction of financial privacy. Yes, you can now make transactions private, even if it’s not the default. No, I don’t care. I’m dying in this hill. I don’t want to link my fiat ass bank account to ANOTHER system when PayPal, which owns Venmo does the exact same thing. And you know what? People have been using PayPal since the dawn of the Internet 2.0. You already have it! And if I’m going to use a newer, mobile, digital payment solution, it’s going to be CashApp because at least I can turn that money you owe me into bitcoin, which is what I actually prefer you pay me back in. To add to that, Block and Jack Dorsey have done so much for the Bitcoin ecosystem. Of course I want to support CashApp!

In my experience the hierarchy is:

1. Venmo

2. Zelle

3. Cash (middle ground for “you don’t want to set up CashApp? Weird because I don’t want to set up Venmo!”)

4. “I’ll get your lunch next time”

5. MAYBE PayPal or CashApp

6. Not getting your money back

7. bitcoin

So what do I want? Obviously the Bitcoin Standard, but if I can’t have that I want to make cash great again and more people using bitcoin compatible payment solutions.

I encourage everyone to join me in a crusade of maximum pain for anyone trying to use something that is not this. We all deserve better! A win-win would be if Venmo integrated bitcoin so then all my Venmo using friends could transact with whoever they wish, using a free and open monetary protocol.

For starters it would probably help if I was more often in the scenario of needing to pay people back instead of the other way around…

This is the cashu future, imo. The Venmo-like experience.

You have to link your account to venmo = you would onboard some cash to this app.

You send money around with no fees on venmo = cashu is the only way to do this, and it excels at it.

You cash out by sending back to the bank in venmo = same trust model with cashu. You don't really *have* the money until this step.

The "bitcoin standard" venmo.

Using zeus and connecting to self-hosted LND with LNC. It works most of the time, but has connection hiccups. I have a well-connected node with plenty of liquidity in both directions.

Zeus has an lnd on the phone, but buying liquidity doesn't make sense in my scenario.

So I'm exploring using the phone's LND, opening a channel with my node with enough liquidity for most purchases, then if I need larger amounts, switch to my self-hosted node.

Is it as simple as opening a channel in RTL with my node ID? Is this a good plan?

#asknostr