@BTCsessions
159,597 sats stacked
stacking since: #19732longest cowboy streak: 1
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The seeds are stored on the ram, but they are encrypted by your master seed, which is located in the secure element. I discuss the tradeoffs and risks in the video.
The coinmiles app is a fiat app, in that you are using credit cards in your name - which of course gives up your privacy. The location data is in regard to ensuring you're not buying gift cards from countries you can't spend them in.
Yes, if you are concerned about this then a fiat sats back app with credit cards requiring location info is not for you.
I use it myself. I keep any non KYC stuff I have separate.
Nowhere in the video do I say that this app is private - I would again assume that is implied when you load up your credit card information. For those looking to live a life with the best privacy and no compromises, stack non KYC, use cash, get a BTC circular economy going, coinjoin, but gift cards with lightning at various vendors that don't require an account, etc.
LOL faster than me! Thanks for sharing man, much appreciated.
Alright fam, thanks so much for the chat! Had an absolute blast and I'll see you guys in the interwebs. Join me Friday for WAWB at 6pm ET and hit up the live chat :)
I do not, unfortunately. I even feel like an idiot navigating command line most of the time. I've dabbled with some very basic stuff in apps, but it's been quite a while. TBH it's tough balancing trying out every new thing, making videos, keeping healthy, and having a family, lol. I'd LOVE to learn to code, but I need to learn how to make days last 34 hours instead of 24.
The default privacy assurances of lightning are pretty decent so that's helpful, but I think there will be a need for on-chain privacy for quite some time, even for the average user. I like to see wallets adding payjoin fake coinjoins and collaborative transactions. I also like how Sparrow wallet has a toggle switch that either optimizes for efficiency or privacy, then automates the rest.
Automation is the key here though. If the default is shitty privacy, that's just what people will do.
And I was always into anyone who could pop and wave really well. Mr Wiggles is a legend.
So many great ones! John Vallis, Jeff Booth, Greg Foss, Francis Pouliot, NVK... just to name a few.
Love lightning addresses. I've experimented with Zebedee and Wallet of Satoshi on this. Alby is a new one for me, and I've now jotted it in my list of things to try!
Tips are definitely sneaking up on traditional youtube revenue. Right now I'd say in a GOOD month, my BTC tips are about as much as 10-20% of my regular YT pay (not including sponsors). That's actually pretty impressive now that I think about it - although YT ad revenue is dismal.
Honestly it's just a waiting game at this point. People will use it, they will see it removes gatekeepers, and they will love that. We haven't hit critical mass yet, but companies like Zebedee and Thunder games focusing on niche markets is probably a big piece of that puzzle.
It depends on what that hardware is protecting. Perhaps for an on the go additional layer of protection that's pretty good. For long term savings, I'm less sold. That said, I'll be testing out the Block device as soon as it drops and letting everyone know my thoughts then!
UI for hardware could be a little more user friendly. If we could get the hardware UI to be as simple out of the box as blue wallet, but with as many features just under the hood, that would be pretty solid. Bitcoiners tend to put WAY too much info front and center rather than keeping it simple.
  1. Home mining (because I'm starting down that rabbit hole)
  2. Currently run Umbrel as my primary but have a Ronin Dojo brrrring away now too.
  3. Honestly this is gonna sound stupid but... Jurassic Park (sometimes my brain needs a break)
  4. I'm bullish on privacy making as many advancements in the next 5 years as scaling has made in the past 5
  5. I default to Muun Wallet now
Hot Wallet - Muun because I can do on-chain/LN in one balance. Blue is a close second Coinjoin - I use Sparrow with whirlpool because I prefer desktop BTC Book - The 7th Property by Eric Yakes Non BTC Book - How To Win Friends and Influence People by Dale Carnegie
Resources that helped me most tended to be pods/videos TBH because I'm a visual learner. Also conversations with other Bitcoiners whenever I had little questions. Books... Inventing Bitcoin my Yan Pritzker was awesome
HAHAHA omg I would do this. I'll teach them all a popping combo, followed by a bit of locking and some beginner floor work. Let's do it.
We need to take our own advice and view education through the lens of low time preference. We want everyone to do a million things out the gate without compromise, but that's not how learning works. Sometimes you're gonna have to get someone to buy KYC sats and use a custodial lightning wallet or a piece of hardware that isn't Coldcard in order to EVENTUALLY lead them down the path of a self-sovereign bitcoiner. You'll never get there if your student turns around after the first couple steps of their journey.