Post AU1XZSstwsMj9NoX68 by d0debf9fb12def81f43d7c69429bb784812ac1e4d2d53a202db6aac7ea4b466c@mostr.pub
(DIR) More posts by d0debf9fb12def81f43d7c69429bb784812ac1e4d2d53a202db6aac7ea4b466c@mostr.pub
(DIR) Post #AU1Dzt5l8PAesR9Mvo by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-26T20:37:20.000Z
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Kick-starting #Bitcoin #SkepticismSundays 😎One of the things that showed me the intellectual honesty of the Monero community and helped to force the community to stay grounded in reality and always laser focused on their core ethos was their weekly "Skepticism Sunday" Reddit threads. These threads allowed the community to come together, ask hard and skeptical questions about the design of Monero, the privacy provided, the economic approach, and much more.In my time in Bitcoin I've never seen anything similar, but the nuanced and high-signal crowd on Nostr seems like a perfect fit to fire things up and see how it goes.The goal of this thread (which I'll post weekly on Sunday's) is for discussing the uncertainties, shortcomings, and concerns some may have about Bitcoin.NOT the positive aspects of it.Discussing things with a critical thinking approach and level-headed discussion helps us learn where Bitcoin and it's community can improve and go from there.I know this is late on Sunday, will post earlier next week but would love to hear y'all's thoughts on the concept or skepticism 🙂
(DIR) Post #AU1FUUfO65s83QyO12 by 2ef0fccfd5a55e36bc8be3a525c1ce97f20eabaa94e69d82febfd641d9480c35@mostr.pub
2023-03-26T20:49:28.000Z
1 likes, 0 repeats
This is healthy and needed 👏🏻
(DIR) Post #AU1HymN32P9TYhxoWW by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-26T21:21:57.000Z
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P.S. realized I sent this right before I have to be AFK 😅 Will respond to as much as I can later, but have some good, engaging, nuanced, and calm discussion amongst yourselves 🤝
(DIR) Post #AU1WrQ96llcJunOPhY by b9003833fabff271d0782e030be61b7ec38ce7d45a1b9a869fbdb34b9e2d2000@mostr.pub
2023-03-26T21:06:01.000Z
1 likes, 0 repeats
💯. If you can survive steelman arguments against your position, you're proving you're on the right path!
(DIR) Post #AU1Ws5xXJBJfb4IlUm by b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc@mostr.pub
2023-03-26T21:03:38.000Z
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This is great. It’s always in the dev list, bitcoin optech, and a few other avenues where you I have to hunt to get this sort of discussion. But it would be good to see it brought to the forefront more.That’s a yes from me on this idea.
(DIR) Post #AU1WubQzFvyLnIGyQ4 by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:09:16.000Z
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Glad to hear that, highly respect your opinion!Thanks for chiming in, Guy 👊
(DIR) Post #AU1WywEtqT8fThgcQS by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:10:03.000Z
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💯Helps make us much stronger at being able to reason through design decisions and understand what we're talking about, pushing past mantras and "influencers" to come to personal understanding of these things.
(DIR) Post #AU1WzF5JmJlPvULjd2 by 33eecd2e2fae31f36c0bdb843d43611426ee5c023889f0401c1b8f5008e59689@mostr.pub
2023-03-26T21:07:30.000Z
1 likes, 0 repeats
Love this idea.
(DIR) Post #AU1X0aIeO2kI0sE3Qu by 6b67b527dd6bf6cf0f5452f909354587e7ecaa06ad5f99359cd824c7697f3083@mostr.pub
2023-03-27T00:08:46.000Z
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Privacy in Bitcoin sometimes seems cumbersome at best, impractical at worst. This is one of the most serious risks to long term adoption in my opinion. In the future, coinjoined UTXOs may be red flagged at exchanges. Unless there's a realistic circular Bitcoin economy, this makes things much more difficult when needing to spend Bitcoin.That and I think the best chance at adoption is education and making politicians become invested in Bitcoin's success. They won't ban what they are invested in.
(DIR) Post #AU1X2hTqf0XarXTLZg by 581c9da9e8284c26f9e93b8f8986f0f9f8a391bf7dac00eef3b44385403c1539@mostr.pub
2023-03-26T23:18:04.000Z
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I worry bitcoiners aren’t doing enough to boot strap a circular economy. unless people can buy goods and services in bitcoin the movement will fail. I welcome the likes of silvergate and coinbase going down as I think long term it will be good for bitcoin. I am happy to see the dollar price flat to down during the transition. the point of bitcoin should be self sovereignty and a seizure and censor resistant SoV /P2P spending tool which can travel at the speed of light and anyone can participate in without permission by running a full node and mining. The vs USD NGU narrative is not useful and is heading potentially for a giant rug pull as US administration blocks liquidity. I also think “the institutions” came too early and would rather they lost interest in bitcoin. This needs to be a grass roots movement by the plebs for the plebs as we build an alternative system—brick by brick—which likely won’t really improve life for us materially (other than the joy of being engaged in meaningful work) but will potentially make life much better for our children and grandchildren.
(DIR) Post #AU1X4jOCXAtHMVncGW by e8dea8c20e110e74b8d64c2e3465665ba26d0be33e095811bc9650290576a159@mostr.pub
2023-03-26T22:41:21.000Z
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I worry about paper markets, particularly once etfs are commonplace and once institutional money (that does not want to self custody) comes in hard. We saw how ftx’s paper bitcoin games suppressed bitcoins price, I think we could have that on a much larger scale if self custody becomes less prevalent.
(DIR) Post #AU1X68TsjI81TK7shM by d0debf9fb12def81f43d7c69429bb784812ac1e4d2d53a202db6aac7ea4b466c@mostr.pub
2023-03-26T22:22:20.000Z
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Hyperbitcoinization is not a sure thing. Good ideas don't always succeed. If most people are not willing to take personal responsibility and self custody, they will always opt for "State" security over sovereignty. Even if the fiat State collapses, they will just comply with whoever else takes power by force after that.I'll save my other skepticisms for the next threads.
(DIR) Post #AU1XCyOYcvnqDatcGW by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:12:36.000Z
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🔥I'm one of the (seemingly) few who don't think this hyperbitcoinization ideal will ever come to fruition.I also worry that if it did the societal collapse necessary in between would be far worse than people imagine and lead to untold suffering globally. One of the reasons I lean much more cryptoanarchist.
(DIR) Post #AU1XE9jJyAmrf8AjGS by 4d4fb5ff0afb8c04e6c6e03f51281b664576f985e5bc34a3a7ee310a1e821f47@mostr.pub
2023-03-26T21:58:40.000Z
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Paper bitcoin is a major problem that can keep price and thus bitcoin’s perceived value down indefinitely imho
(DIR) Post #AU1XHM5qSYS6sKEVrU by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:13:23.000Z
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Not to mention it gives none of the freedom and power of Bitcoin!We can't be freed by custodial or paper Bitcoin, only Bitcoin we hold the keys to and know how to use is a powerful tool.
(DIR) Post #AU1XHmCpNDUDrVhSM4 by aee84f38d081153df68c33ee423508370c9b5d0d195588f32bb0352c7a98a29c@mostr.pub
2023-03-26T21:56:48.000Z
1 likes, 0 repeats
Bring it on. Can’t have a anti fragile system without attacking it from all angles. Plus if there are weaknesses let’s get them out in the open and get to work. Build, Deploy, Observe, Debate, Improve, Repeat.
(DIR) Post #AU1XJjJ37pMLRqXdLs by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:13:49.000Z
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🔥
(DIR) Post #AU1XKBqh0KuLyIUtg8 by 7a433655129ff5b17084aec27ffbdf1f28c7469c0002347f783c42161c4f44a7@mostr.pub
2023-03-26T21:34:23.000Z
1 likes, 0 repeats
Great idea, thanks for doing this
(DIR) Post #AU1XZSstwsMj9NoX68 by d0debf9fb12def81f43d7c69429bb784812ac1e4d2d53a202db6aac7ea4b466c@mostr.pub
2023-03-26T22:33:07.000Z
1 likes, 0 repeats
Just curious about your own skepticisms besides privacy. And custodial lightning.
(DIR) Post #AU1Xb7P0n0ep6VccJE by baa529237d2f5b19c3ae06064d57fcf6bbc2f6cbe84c1e89f57bb146454f8d40@mostr.pub
2023-03-26T20:40:59.000Z
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My main concern has always been at the human layer. That future generations will just forget why any of this decentralisation stuff and immutability matters in the first place.
(DIR) Post #AU1Xbcx7UFMOxGonHE by b9003833fabff271d0782e030be61b7ec38ce7d45a1b9a869fbdb34b9e2d2000@mostr.pub
2023-03-26T21:16:09.000Z
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Yep. Math is math. But our brains and behavior are analog. Social incentives are a critical part of the story.
(DIR) Post #AU1XfLNImYxvb4px1E by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:17:42.000Z
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100%, and one of the reasons I push for better self-custody solutions so hard. Those systems have to be in place for this to be easily passed on and handed down to our kids over the years.
(DIR) Post #AU1Xi658692D2EeLw0 by 010df0c948fe9ab54d2cb7ea420ffa08d57958981b6ea68e83aaa7eb2dd3f05a@mostr.pub
2023-03-26T20:44:54.000Z
1 likes, 0 repeats
As an aside, I love this idea. Can't wait to see what everyone else says.
(DIR) Post #AU1XiCB1R9JTwFS8x6 by 010df0c948fe9ab54d2cb7ea420ffa08d57958981b6ea68e83aaa7eb2dd3f05a@mostr.pub
2023-03-26T20:43:14.000Z
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Inheritance is still a nightmare. I'm an IT pro with security training. Designing a system that keeps my sats safe from theft but makes them available to my wife and kid if I get hit by a bus is still a challenge. I'm not happy with what I've built. I don't see great options around.
(DIR) Post #AU1XiCrYszLC4BM7G4 by 7e2ffb634a5dbc41d36504b0ae78708f137b8c07272d9c91f8a7c900582a4736@mostr.pub
2023-03-26T21:10:30.000Z
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This right here. The inheritance issue is real. Many will lose all their coins & families screwed due to untimely death etc. We’re all gonna go at some point & planning this day 1 is critical IMO. I struggle mightily with this one.
(DIR) Post #AU1XiDgFqVtGbP4bGy by f728d9e6e7048358e70930f5ca64b097770d989ccd86854fe618eda9c8a38106@mostr.pub
2023-03-26T22:06:12.000Z
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We have an inheritance offering, or if you want to DIY I recommend buying Cryptoasset Inheritance Planning by Pamela Morganhttps://keys.casa/bitcoin-inheritance-plan/
(DIR) Post #AU1XpYVKp0VbDISnvE by 9bd70e0f3030c654608e5b9196118a776f260896384f7db9e8591d907dfbbd71@mostr.pub
2023-03-26T20:53:23.000Z
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Scaling self custody globally will be near impossible. Second layers can scale transactions but not necessarily custody. If everything can always go back to settle on chain, then the only real self custody solution is scaling the utxo set.But also I'm just stupid.
(DIR) Post #AU1XpZAoKngZHvrvZQ by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:19:33.000Z
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If your goal is every human having access to L1 Bitcoin, it's absolutely impossible at current block sizes.If your goal is the relatively small % that wake up to the need for freedom and are willing to take personal responsibility, I think it's doable but will still be a stretch.Both situations will likely lead to another blocksize war in the future, especially if you factor in future security issues with reliance on fees alone.
(DIR) Post #AU1XqUm0BCIrvmhvxA by b9003833fabff271d0782e030be61b7ec38ce7d45a1b9a869fbdb34b9e2d2000@mostr.pub
2023-03-27T00:18:25.000Z
1 likes, 0 repeats
🙏
(DIR) Post #AU1XsmwXax6irajM5w by d5415a313d38461ff93a8c170f941b2cd4a66a5cfdbb093406960f6cb317849f@mostr.pub
2023-03-26T21:24:50.000Z
1 likes, 0 repeats
Love this. Nostr is a great place for this.
(DIR) Post #AU1XtnzDCbg4O7SsVM by 56c6b5e2c535fe33e847801268471aa10c068e6d796fb07add6cf5dd8612507d@mostr.pub
2023-03-26T21:24:26.000Z
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I don’t know how we’re going to thread the needle of keeping block space scarce yet enabling sovereignty for all. Trustless base chain access is a must.
(DIR) Post #AU1Y0VcDu2T7RHuOQa by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:21:32.000Z
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Some interesting approaches with how you can batch transactions with Taproot, but I still don't see things scaling to a large % of the populace without block size increasing quite a bit.We have quite a bit of wiggle room to grow along with hardware improvements and cost decreases, IMO, but I know that's a touchy subject 😅
(DIR) Post #AU1YESJKzCKVFCj1aC by d5415a313d38461ff93a8c170f941b2cd4a66a5cfdbb093406960f6cb317849f@mostr.pub
2023-03-26T21:24:19.000Z
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Wealth concentration with bitcoin hodlers. Will the average person actually benefit from bitcoin? …I think yea, but still I’m a bit worried about what this could look like should bitcoin really take off
(DIR) Post #AU1YESpb3G8MrFomrh by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:24:02.000Z
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One of the reasons getting past "hodl" and get to actually building circular economies is so important.When we have free-flowing circular (and parallel) economies, Bitcoin quickly disseminates throughout the free economy without a cantillion effect, producing a much more free system where value is properly rewarded.If we actually use our Bitcoin and reward those creating value, we'll not only onboard more Bitcoiners, we'll spread Bitcoin through a broad base instead of just concentrating it in the hands of a few!
(DIR) Post #AU1YJXJDpYPAC45sdU by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:24:58.000Z
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Absolutely, circular economies are a passion of mine and something that is *absolutely vital* to the survival and usefulness of Bitcoin long-term.If we can't spend or use Bitcoin without converting to fiat, it's easy to choke off "non-compliant" uses.
(DIR) Post #AU1Z2Q1NlykEce9Qhs by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:33:05.000Z
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1. 💯, Something I'm extremely passionate about changing and working hard to do. Has to be easier and more commonly done.2.i disagree on this point as I don't think politicians or "institutional investors" bring power to Bitcoin, only individuals waking up to the need for freedom and taking personal responsibility. Governments would love to simply co-opt Bitcoin and use it for their own gain, and absolutely could do so.
(DIR) Post #AU1Z68NfInEN4MLTN2 by ea8a86e341f61f4e8956ec40e707e5b2700dba1137ddb9653b5db9f4dd0df735@mostr.pub
2023-03-26T21:39:24.000Z
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Sometimes I worry because:1. To use Bitcoin as a day to day currency, Lightning is absolutely fundamental. Whoever proposes on-chain transactions as the day to day transaction engine clearly does not pay a lot of things with Bitcoin and has never set up a retail store with it.2. Using Lightning in a sovereign way is anything but easy. We can't expect the common folk to graduate in Systems Administration just to have a reliable payment medium.So, combine 1 and 2 and we are either unable to scale Bitcoin as a currency or we can only do so through custodial options. I think this is a serious problem. I'm hopeful that technology will appear to enable great experiences that are sovereign at the same time, but for now we can only throw people into Wallet of Satoshi and the likes.Curious to see more points of view on this.
(DIR) Post #AU1ZClcQKSFGV9PYw4 by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:34:58.000Z
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I do think sometimes the difficulty of Lightning is overblown because people think they need to be a routing node, balance liquidity, etc. when they really just need a couple inbound channels for receiving and a few unannounced outbound channels for sending and call it a day.I setup my channels once and haven't touched them in months!
(DIR) Post #AU1ZFBMfZqlqvjC6Cm by 7e47097e94cee910bac70b870706b2a491a6f71d22ae397190d0d3df7b8ee253@mostr.pub
2023-03-26T21:14:50.000Z
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The worst case scenario I can imagine is if bitcoin becomes a global reserve currency, and we don't improve the ease of very good privacy on the base layer, then thirsty bitches in my local area will find out the size of my stack and my penis would end up getting sucked right off my torso
(DIR) Post #AU1ZFBsDgY0YVZxINk by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:35:24.000Z
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That, uh, took a turn I didn't expect 😅
(DIR) Post #AU1ZFWo1rK8LQf9kGW by 410faeff0abf5d7d7c202b4f42e30136a30edd4aeb6b38b1972b6bf742c9f26b@mostr.pub
2023-03-26T21:08:50.000Z
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I still don't think Bitcoin can survive a coordinated banking shutdown. But tbh I don't know much about the global banking system. There may be leaks around the world that allow flows into the corn.
(DIR) Post #AU1ZKREnzMBRbk1QCu by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:36:21.000Z
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Absolutely not without strong and growing circular and parallel economies.Right now most things have to be purchased with fiat, so we're inextricably tied to the fiat system. We can only break that yoke by building a circular economy that can exist wholly independent from the fiat system and regular economy.
(DIR) Post #AU1ZPNxjarwUthOcim by 12eaa5ca3d10c895bea4906ab5015a7f59b2fcc1b96a24426ca67d09c06ff3b6@mostr.pub
2023-03-26T20:53:01.000Z
1 likes, 0 repeats
This is absolutely great!! 💯🔥
(DIR) Post #AU1ZQqyFE9QB9dKoeO by 7e47097e94cee910bac70b870706b2a491a6f71d22ae397190d0d3df7b8ee253@mostr.pub
2023-03-26T20:50:07.000Z
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I am scared that bitcoin as money is too sound, and it's value will go up too high.
(DIR) Post #AU1ZQreQhJAJGT4VP6 by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:37:30.000Z
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I think you may have missed the point here 😅
(DIR) Post #AU1agqmlmbi1AT9wAa by 577de06dce160a0379163a4bb7b680be3e0a0e1c68de6e6ba8c01134b44064dd@mostr.pub
2023-03-26T20:48:26.000Z
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This applies equally to both, but 1. I don’t see how PoW is more resilient in a war time scenario than PoS. Arguably PoS promotes diplomacy while PoW just promotes violence. 2. I’m not convinced that anyone in the bitcoin or crypto world will ever be capable of truly understanding and sympathizing with non-technical users. (Regarding things like key management mostly)
(DIR) Post #AU1agrPlRctv7PP4wy by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:51:37.000Z
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1. PoS promotes plutarchy, not democracy, as the wealthy elites easily control consensus.2. It's difficult when something like this necessarily starts under technical community, but it is branching out and companies are starting to target non-technical users (like we do at Foundation) so that Bitcoin's freedom is not locked behind techno-elite barriers to entry.
(DIR) Post #AU1ahpv2UTZKlmUu1o by a3c1a5ceda8b86b7cb64d5d6af58fc787ba400f2912b907969d27547f96545d0@mostr.pub
2023-03-26T20:46:24.000Z
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I like the idea can’t always wear the rose coloured glasses.
(DIR) Post #AU1ai1ultIU7yQSrHE by a3c1a5ceda8b86b7cb64d5d6af58fc787ba400f2912b907969d27547f96545d0@mostr.pub
2023-03-26T20:50:48.000Z
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My biggest concern is just security not the network but my own. So many things to consider and how to pass it on if something unexpected happens.
(DIR) Post #AU1akglwxCT7Gqbdw0 by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:52:18.000Z
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Usually getting a good hardware wallet and practicing "keep it simple, stupid" is more than enough security without sacrificing usability.
(DIR) Post #AU1armLEe8XWZPUWNk by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:53:34.000Z
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Absolutely, lots of work to do there and thankfully more and more focus on it as the original Bitcoin crowd grows up and has families 😅Something I need to work on and learn more about myself!
(DIR) Post #AU1aulC5My91sbdKIy by 56c6b5e2c535fe33e847801268471aa10c068e6d796fb07add6cf5dd8612507d@mostr.pub
2023-03-26T21:18:20.000Z
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Absolutely yes. The culture needs to be ingrained into future generations to have a shot. It needs to become LAUGHABLE to suggest a monetary system where someone has control.
(DIR) Post #AU1axatO7vlSnaEsb2 by 7a433655129ff5b17084aec27ffbdf1f28c7469c0002347f783c42161c4f44a7@mostr.pub
2023-03-27T00:44:01.000Z
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I wonder if this ethic of "holding" and effectively removing money from circulation would in fact be very damaging economically if done on a large enough scale. As much as bitcoiners lambast fractional reserve banking, the access to liquidity it provides does serve a useful purpose.
(DIR) Post #AU1b2DzKiA3BD8EBCy by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:55:28.000Z
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It absolutely would, combining "hold" mentality and a deflationary currency without credit generation would be a massively repressed economy.Not to say that's necessarily all bad, but if no one spends, no one gets credit, and the supply is always decreasing it's, uh, not good for businesses 😅
(DIR) Post #AU1b2kWPkhWg6zx3DM by 7a433655129ff5b17084aec27ffbdf1f28c7469c0002347f783c42161c4f44a7@mostr.pub
2023-03-27T00:37:19.000Z
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I actually don't think poor privacy is even remotely likely to impede bitcoin adoption (think about how many people use services today that engage in egregious spying).I'm actually more worried about it being widely adopted in spite of poor privacy, and the public naively opting into new forms of surveillance.
(DIR) Post #AU1b6FFvwKHSIiuS9Y by a3c1a5ceda8b86b7cb64d5d6af58fc787ba400f2912b907969d27547f96545d0@mostr.pub
2023-03-27T00:54:40.000Z
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True I think it might be a heavy dose of paranoia 😝
(DIR) Post #AU1bDX2mCgKJUoEKOm by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T00:57:27.000Z
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Well this blew up! Will definitely keep doing this every Sunday, *great* conversations going on here and a lot of tricky topics being discussed.Love it, and yet another sign of Nostr being an amazing community that isn't bathed in religious fervor but is able to think critically and engage with meaning and respect.👥
(DIR) Post #AU1bmqzI2qnVUBRT0q by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T01:03:54.000Z
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💯
(DIR) Post #AU1bqf1wRZ95YkUuuW by c6f7077f1699d50cf92a9652bfebffac05fc6842b9ee391089d959b8ad5d48fd@mostr.pub
2023-03-27T01:03:32.000Z
1 likes, 0 repeats
Is there a good guide available on how people can use Monero on a daily basis? such as the best mobile and PC wallets to use and other important instructions.
(DIR) Post #AU1bqn7YMaO6eTBVlg by 8c71091d5b7dea833eae73bb07e28f12cc456dc791aa7f213ad175fb5a1d6fe6@mostr.pub
2023-03-27T01:04:27.000Z
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👀 would also enjoy learning some of the same best practices.
(DIR) Post #AU1cCvTHzqzcvBuF84 by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T01:08:37.000Z
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Have realized it's something I need to write, I don't think there really is a holistic guide!monero.how has some really good content but not sure how fresh it is.Beauty of Monero is wallet choice isn't vital from a privacy perspective, but my tl;Dr of recommendations is:Mobile: Monero.com or Stack Duo walletsDesktop: featherwallet.org or getmonero.org "GUI" walletNode: https://sethforprivacy.com/guides/run-a-monero-node/Explorer: https://localmonero.co/blocksWill work on writing something up this week on the topic, as well as on my personal approach to Nostr 🙂
(DIR) Post #AU1cDo8GlhrKRvUjVA by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T01:08:46.000Z
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(DIR) Post #AU1cgx5aXwP0ct8bhI by 8c71091d5b7dea833eae73bb07e28f12cc456dc791aa7f213ad175fb5a1d6fe6@mostr.pub
2023-03-27T01:10:38.000Z
1 likes, 0 repeats
Thanks 🤙🏽
(DIR) Post #AU1dVz3WzekZUkVdlQ by c6f7077f1699d50cf92a9652bfebffac05fc6842b9ee391089d959b8ad5d48fd@mostr.pub
2023-03-27T01:18:14.000Z
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Thank you, You should definitely write a good user guide. I will also go through it to see if I can create a good guide for new users to just started. Who knows, maybe someone will create a client with Monero as a Zap.
(DIR) Post #AU1dWkeM2Z8F6Z6DBY by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T01:23:25.000Z
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Would be pretty damn cool 😎
(DIR) Post #AU1dXgUQzbewUau6m8 by dbac1635509fd4bf997b5a18392983a6dc954f7c24f9daf5f2d890bb31cb2c46@mostr.pub
2023-03-27T01:19:06.000Z
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Yep, very very very slow institutional and no state adoption for a very long time, while most of the plebs get on-board is the best scenario. Otherwise not that much will change.
(DIR) Post #AU1e0WprxxCgwqgTQG by 6b67b527dd6bf6cf0f5452f909354587e7ecaa06ad5f99359cd824c7697f3083@mostr.pub
2023-03-27T01:27:21.000Z
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I'm with you on hoping things stay "from the ground up." Satoshi hornet's nest comment comes through mind. It's a delicate balance. Authoritarian govs can't stop Bitcoin, but they can make it very punishing for citizens to hold it (e.g. EO 6102). I'm optimistic that we can grow organically and slow enough to prevent, attack, but fear the attacks have already started (e.g. Signature).
(DIR) Post #AU1e0XRRiFGGpOGTzc by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T01:28:47.000Z
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Beauty of Bitcoin is there is literally no asset on earth more resistant to a 6102 order than Bitcoin that has been purchased without KYC.
(DIR) Post #AU1e2f8Y4aZrH0RFrc by eab5ede57f49132c110cb261a746c660b6afdaa883e676372e8fe12f2196c31a@mostr.pub
2023-03-27T01:28:56.000Z
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1. As the war in Ukraine has shown, money can be a weapon for control (read: sanctions). In PoS, whoever has the most coins has political control over the direction of the network. Moreover, PoS is less censorship resilient. This, similar to fiat sanctions, can evolve into a form of economic warfare.2. This is why Bitcoin and crypto companies hire UX Designers. Their very job is to research & empathize with users in order to minimize their pain points while using digital products.
(DIR) Post #AU1e650kKWIqOCQ18S by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T01:29:48.000Z
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Design is at the forefront and focus of everything we do from top to bottom at Foundation for exactly that reason.
(DIR) Post #AU1ePRJhccU94UW6Hg by c368bb4563845c59f7173113d9579700a03c7bd8acfa32c3ec5bf04e5c06be1b@mostr.pub
2023-03-27T01:32:57.000Z
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Great idea. Continued bitcoin adoption isn’t a sure thing. We need to be critical of things that can improve (eg privacy, self custody, etc.) Fortunately, there are a lot of bright and humble people in the space that want to do good for humanity rather than just pump their own bags (although there are some of them too).
(DIR) Post #AU1gNdnQS7mt6YgoQS by 6b67b527dd6bf6cf0f5452f909354587e7ecaa06ad5f99359cd824c7697f3083@mostr.pub
2023-03-27T01:34:44.000Z
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True, but most purchase with KYC due to convenience, so we do need better post KYC purchase privacy tools. Earlier today, saw some hype for a method to use Lightning as a pseudo coinjoin technique. Interested to learn more.
(DIR) Post #AU1gZ7yMb7avsfHbKC by 73cee26b0ba3c05fe676ad47a3f07f791c358b39217463519a66df74072f3bb6@mostr.pub
2023-03-27T01:40:03.000Z
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My understanding of it is it's pretty difficult to use with a hardware wallet, and transactions are slow but extremely secure and anonymous. I don't know what the real value proposition is besides privacy for the extremely paranoid. However, I'd like to get some because if Bitcoin goes POS, then monero becomes the "real" digital money.
(DIR) Post #AU1gZ8o7UgzkTBUvzs by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T01:57:24.000Z
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It works quite well with Ledger/Trezor, transactions are not slow (block times are 2min).It's extremely effective as digital cash today, much easier to use with privacy than Bitcoin/LN today and so is *at least* a powerful spending tool.
(DIR) Post #AU1gkw40hV3MQ9YRkm by fd0bcf8cd1aee83fe75e6c0fdfc543845e5bc3f50d26d2d5e5c6d3fa521f98c0@mostr.pub
2023-03-27T01:49:29.000Z
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One of my main concerns is a lack of privacy features, scaling on-chain issues and potential centralization factor of the Lightning Network.On the privacy issue, you brought up some great points with @fb3ac2f4's podcast about UTXOs can leak info... Maybe this is something that can be solved at the wallet level?The scaling issues when the network gets congested as it is now is also a concern... I'm not technical enough to even begin to understand that from an engineering POV... but I have had a lot of individuals reach out because they're worried they might not be able to afford to use on-chain and opening channels still requires a UTXO commit which comes with fees... I think they're really nervous about Ordinals and NFTs on-chain...And this then bleeds into the concerns of LN, where a good portion of users are using Custodial solutions. @04c915da brought up that users will tend to go to products that are much easier to use... I guess the issue is that not many people know about how LN works, the liquidity needs, and the privacy leaks on the receiving end... As you so famously shows people in your 5 min hack.Just some things that I think about and have no clue where to even begin...
(DIR) Post #AU1gmN0C1tskG5S9ey by c6f7077f1699d50cf92a9652bfebffac05fc6842b9ee391089d959b8ad5d48fd@mostr.pub
2023-03-27T01:50:40.000Z
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I think it depends on the use case. It's like a utility, good to have, especially when governments and organizations are constantly trying to collect information about individuals. Having the option for maximum privacy is important & trust me my friend some places and occupations are very rough.
(DIR) Post #AU1iN6RSf9gXZCHrTE by 783d3d0a4c715a85a42066b975c933d4b6930c981c678a020dc417475cb92d4c@mostr.pub
2023-03-27T02:02:39.000Z
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So glad you are doing this
(DIR) Post #AU1iNP9j5Jmvbh8Sxs by 58ead82fa15b550094f7f5fe4804e0fe75b779dbef2e9b20511eccd69e6d08f9@mostr.pub
2023-03-27T02:17:44.000Z
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👊
(DIR) Post #AU1iOD4pTna2QzEGH2 by 88e9326a185488072480e0383d2968f7c2f1bc73ef7ad9999f400459afc053dc@mostr.pub
2023-03-27T02:10:02.000Z
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i have a trezor one and enjoy it for what it is.