ᏳΛ†§฿¥ on Nostr: Maxis who are still living in a pre Samurai/Whirlpool siezure world. Listen up. ...

Maxis who are still living in a pre Samurai/Whirlpool siezure world. Listen up.

quoting nevent1q…8lhj

I won't recommend onchain bitcoin to anyone because of the glaring lack of privacy and anonymity. It's too easy to fuck things up and be ensnared.

Lightning is a non-starter for someone in the position of receiving $2 or $5 (many small payments) while also not having liquidity.

Obviously it also doesn't scale, because either you're opening a new channel with each transaction, or expanding channel capacity (eithet one is an onchain tx, meaning it's neither private/anon or does it scale).

Next comes ecash. I'm not going to be personally liable for the money of everyone I orange pill by running a mint, and I'm not going to recommend a randomint that will one day surely rug them.

For the same reason, I won't recommend a custodial lightning solution either.

Liquid could kinda work, and at least it has confidential transactions.. but software (and hardware, afaik only Jade supports it) support is very lacking.


Lightning works great for people like us (with its many caveats, thr whole network is one giant hot wallet after all). I have channels with obnoxious amounts of usd worth of liquidity that I opened years ago

In case you guys haven't noticed, that's not most people.


Unfortunately I have observed that the vast majority (and that includes even most bitcoiners) don't care and/or don't understand the value of privacy and anonymity.

Bitcoiners at least understand the fiat scam, that's why we're bitcoiners. But most normies in most places don't.

Normies don't get the tech either. It's a bit like the internet, you have a small minority who has any idea how a computer works and how networking works and why you probably shouldn't be running closed-source apps on closed-source systems running in closed-source hardware.. but most people noy only don't care, they brag about not caring.

Until they're hacked (happened to a noob I know recently), and suddenly they understand why they shouldn't have made their entire digital world as secure as their stupid apple login, because now the "hacker" completely owns them. Then they come crying for help, after years of saying they "have nothing to hide". Well, now that person literally has nothing to hide, it was all pwnd 😁

Anyhow, the point is, I see bitcoin in a bit of a deadend right now unless you're a baller and can put in serious money into it regularly. It's totally unusable in a self-sovereign way for the vast majority of people and I don't see how this is going to change.

That's one half of it. The other half is, damn every single one of you who stubbornly failed to see why privacy WITH anonymity was important (not aimed at you Cyph3rp9nk (nprofile…duh3)), and who're all so surprised now that the complete lack of priv/anon in bitcoin is being weaponized against it.

Yeah, no shit.

Why do you think they want the mass-surveillance?

To enforce tyrannical laws. DUH.

A totally transparent system gave them that ability ON FUCKING STEROIDS.

Now the chicken are coming home to roost.

And believe me, I take no pleasure in any of this. I'm just another guy trying to live in peace and doing my thing, but all the NGU fanatics and their arrogant ignorance could only result in what's coming.

Anyway, so I recommend #monero to people nowdays for transactions, and when/if they reach a certain point where saving makes sense, and they have by then enough capital, then it's time to talk about swapping xmr for non-kyc btc.

But mark my words, all of this is too much for normies. One day they want to sell those btc like normies (kyc cex) and their accounts will be frozen.

They literally don't understand what fully traceable means. 9 out of 10. It's incredible, I don't know what's between their ears.

Transparent chain. All traceable. By design. It'll get you into trouble, unless you fit in the officially approved Statist box (kyc purchases, all traceable, no "suspicious" transfers, FULL SURVEILLANCE AND CONTROL).

It's... not hard to get.

#nostr #btc #bitcoin #grownostr #pow