Hang on, let me do the math here. If it goes to zero, I can buy... All of it. Don't think for a moment that I wouldn't.
By the time it's feasible to do so, I think everyone actively using Bitcoin (I.e. hasn't lost their keys) will have moved any significant sum to some sort of novel quantum-difficult wallet.
Realistically, there may also be some sort of regulation (or at least convention) beyond simple finders-keepers by then.
I don't particularly like AI, but I think this adds value to the market.
I'm curious though. Why did you choose ecash over BTC/Lightning?
When Bitcoin's tax goes to 100%, will Monero still be a shitcoin?
https://simplifiedprivacy.com/bitcoin-transparent-monero-taxes/cash-use-case.html
More tax evasion today?
Someone with a copy of your private keys could easily post an excuse like this. I'll be watching your activity for a while to see if any more contradictory or untrustworthy behavior comes from this npub.
A "Nostr Account" is your private key. You won't be able to continue using this "account" if it was hacked since someone can simply impersonate you at will any time in the future. Persistent public-private keypairs are not foolproof.
Many Bitcoiners want to hold their coins instead of spending them. Would you rather give up a valuable, deflationary asset or some of your government issue pretend money?
Self-custody is likely to be important for a church due to the risk of illicit government action (unfortunately). There is a minimum threshold of technical knowledge to do this though, so it may or may not work in every situation. It's going to be very hard to do this if you don't have any trustees able to operate a Tezor for example.
A multi-share backup would be the best way to safeguard the seed phrase if you've got a number of trustees who can be trusted not to lose the shares or hand them over to the first goon who shows up at the door with an FBI badge. You can choose an appropriate threshold to reduce the risk of too many shares being lost while still distributing trust over a sufficient number of hopefully trustworthy people.
You could "get started" with small amounts by appointing a trustee to set up and custody a software wallet for the church, but there's a risk of the trustee being compromised or making a mistake, so a multisig wallet would be best. Blue Wallet is compatible with both iOS and Android and supports multisig, but I haven't used it myself and can't vouch for its security practices.
A republic can get a fresh start if enough people become aware of the rot and choose representatives and executives who are willing to do the hard work. We had a better system than Rome to begin with, so provided we can get it functioning again, we will outlast the Roman republic.
https://www.youtube.com/watch?v=xyfUOQlgGlI
I'm not vouching for this guy as I'm not very familiar with his channel, but he says Uptober doesn't usually start at the beginning of the month.
The lower it goes, the more coins the whales end up selling to ordinary people stacking sats. The whales still see Bitcoin as a risk asset because they think in terms of short term profit.
Same. The Greyjay team is usually very quick with fixes, rendering Google's cat and mouse game practically moot for end users. It's worth paying for, but you're not forced to pay.
That really makes a case for functional languages and commenting your code, doesn't it?
SimpleX actually has some of its cryptography written in Haskell IIRC, and OCaml is another good option that's a little more pragmatic in its design.
Have you ever tried OCaml or Zig?
Probably 30 days from the time it triggered. I've seen this happen to family.
This usually happens to new users. It appears that they're trying to reduce the incidence of people buying BTC and sending it off to scammers, but it is NOT a good look for freedom money fans. There's got to be a better way to do this.
Breaking news: Spawn of Satan found running an unjust court room and persecuting the innocent in violation of the law... again.
C is pretty good for what it is.
C++ is a mess.
Rust is not the answer.
YouTube is slowly eating itself alive in the name of information control and advertising/malvertising revenue.
Meanwhile, Rumble is happily eating the lunch that YouTube turned its nose up at and Odysee just announced it no longer needs ads to make money.
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