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0 sats \ 0 replies \ @Gar 3 Feb \ on: Hello Stackers! Bold is a credit card backed by your bitcoin stack. AMA! bitcoin
Still not launched yet, eh? Website says join the wait list?
The band is great. Truly original. You can recognize their sound immediately. I think the key is their drummer and the sophisticated syncopation and dynamic time signatures they use. Songs weave their parts together and build to crescendos that somehow resonate and evoke feelings. I never get tired of it.
Well, with a general purpose computer, one can do their own public key cryptography. This represents a very powerful capability for the individual.
Modern cryptography was once classified by the US government as a munition and sanctioned for export.
Of course we won that battle in the crypto wars of the 1990s thanks to some very brave nerds who saw the importance of it. Have we won the war though?
One can detect the trend where computers are becoming more and more curated and controlled walled gardens. Phones and tablets are locked down and Windows and Macs are becoming more and more so. Apps are getting canceled from app stores. Could they someday outright prohibit some apps? Ban running your own software?
Sure seems like some in power would like that capability.
I could envision some future dystopia where TSA wonders what kind of troublemaker I am because I have a linux laptop with a LUKS partition.
"What do you you use this for sir?"
I could be running my own large language model on there with computing capacity of 10^23 integer or floating-point operations per second or other such prohibited naughtiness.
Would have like to have seen it here: "They may start moving fiat into crypto, as an antidote to inflation."
And perhaps lack of pain or prosperity actually makes us sick.
The long arm of the U.S. law strikes again. This story is pretty light on details. It is unclear what, in actual fact, the people did wrong. Seems like they talked to somebody in North Korea about cryptocurrency. For that, 63 months in prison.
I think it is just fine as part of a larger strategy. If it's a single point of failure in your setup then it's obviously a bad idea.
What about privacy? If you're exposing your xpub to any old app, they can track all your future transactions and change addresses. Would have been nice to know which wallets work with your own node.
Another gem from the Biden twitter account:
https://twitter.com/POTUS/status/1730211325383434419
Lots of fun to be had in the replies.