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@Jon_Hodl
stacking since: #7693longest cowboy streak: 22
141 sats \ 0 replies \ @Jon_Hodl 14h \ parent \ on: What Collateral To Use On Robosats? bitcoin_beginners
If the counterparty is a fed/chainal/bad actor, then they know that your Revolut account is being used to buy bitcoin and they can attach that sale to your KYC’d identity.
If the person selling is an honest actor, then it just looks like you paid them for something and that’s all but I can 100% guarantee that Revolut is building a social graph with each and every transaction regardless of what it’s for. They can absolutely recognize patterns and quickly determine who is doing something “unconventional” and will begin to monitor your account.
Amazonngidt cards with cash is the best way to privately buy on RoboSats because it’s the only payment method on the site that can be sent electronically without the need to KYC to buy.
I can also 100% guarantee you that Amazon is doing their own “chain analysis” of when and where a gift card is purchased and then compare it to when, where, and what account applied the credit.
If you buy in San Diego with cash and that card is applied to an account in New York later that same day, I guarantee that raises some suspicion with Amazon and may illicit an “investigation”.
41 sats \ 0 replies \ @Jon_Hodl 14h \ parent \ on: What Collateral To Use On Robosats? bitcoin_beginners
I would never sell on RoboSats because it opens you up to a lot of counterparty risk imho.
I know several people who had multiple bank accounts shut down because they sold sats on RoboSats.
I only buy with RoboSats.
To the best of my knowledge, the maker bond has to be bitcoin on lightning.
Maybe I misunderstand the question though.
I don’t l ow of anything like that but I think this is an opportunity for a bubble machine to do something like this
Yeah. At the very least, everyone should be using dice rolls to add physical randomness to their wallet when their seed phrase is generated.
- Trusting any random wallet to generate their seed phrase and just hoping that it’s both honest and that their random number generator (RNG) is random enough. It’s not difficult to generate your own physical entropy.
- Not stamping their seed phrase into metal.
I love that you’re doing this.
I had the same thought recently since I’m not sure how much value boosts actually provide to the advertiser.
This seems like a much better way to generate more revenue for territory owners as well as more value for the advertiser.
I would like to own land, have a home in Portugal, and a camper van so I can travel all around for extended periods of time.
Aside from that, I don’t think there’s much else I really even want.
I’m not pushing back on anything you’re saying. I’m simply adding to it.
Miners are the only ones that can censor transactions the way that they do but I guess all I am saying is that individual actors choose to omit certain types of data that they don’t need/want/like.
Nostr paid relays work in a similar way. They are able to censor and not relay a specific message or block certain users.
It’s not just miners either. It’s also nodes.
For instance, I think I purge any txs over 2GB in my MemPool.