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Free Market Maximalist

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Replying to Avatar Jack Spirko

And organized crime

OK. So the ID is fixed, but the sending/receiving addresses are independently ratcheted (2 ratchets), and only the ratcheted addresses are exposed during transmit.

I'm so used to thinking of id's and addresses as the same because they are both identifiers. Here the identity is fixed and private while the addresses are ephemeral and public.

Got it. The nuance is missing in the marketing material in SimpleX. Both have identity, but your identity system is ratcheted, just like the messages, allowing for forward secrecy of the identity too. Is that right?

Yes I like Keychat's ability to monetize without depending on grants, but it's all for not if users can't protect themselves from a privacy perspective. SimpleX managed to work without requiring identity, which is why I asked this question.

Remember, as much as you want to believe bitcoin is money, the reality is that you are dealing with cryptography. So that means storing a private key in the form of 12 words. I know to you they are just twelve words, but in cryptography, it's actually a very special number that only you know. The moment that number escapes you, or leaked, is the moment your money is lost forever. Welcome to self sovereignty. It would take someone longer than the end of the universe to guess that number.

Frequent large cash withdrawals can suggest pre-crime or exercising property rights. #PaymentHistory

FTFY

How is a data management system better than a file format?

Well you're in good hands. It's a race to the bottom, and they are getting exceedingly good at it.

Gresham's law says the majority of your customers will be those on a bitcoin standard.

Oh how I love nostr:nprofile1qqs9xtvrphl7p8qnua0gk9zusft33lqjkqqr7cwkr6g8wusu0lle8jcpp3mhxue69uhkyunz9e5k7qg4waehxw309ajkgetw9ehx7um5wghxcctwvsqs6amnwvaz7tmwdaejumr0ds2g5zx8