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0 sats \ 0 replies \ @OT 10h \ on: What’s the best strategy to buy peer-to-peer Bitcoin? bitcoin
Local meetups should be easiest. Otherwise there are some p2p platforms like Robosats, Hodlhodl, Peach and Bisq.
Since around 2020 there's been a lag behind gold. Anyone have any idea what explains that? Is it gold has stood the test of time and isn't going away any time soon, where as Bitcoin is still a "just in case" hedge to gold?
Artist: You owe me money for copyright of my work.
LLM: Actually you need to pay me to include your work in my model.
There are many bitcoiners in China. Usually they let foreigners do their thing. If they break a serious law or criticize the CCP it could be risky but I highly doubt they would have it confiscated.
I also doubt many bitcoiners are running a node over there. The firewall is pretty intense.
I'm only 1/3 of the way through. It maybe similar to free private cities as he talks about having land in different parts of the world where bitcoiners (he often used the word "web3") can visit, work together on. The first part of the book is setting up the arguments so I haven't dug too deeply into the ideas yet.
who still reads books?
I think most of the regular stackers seem to.
I'm currently reading The Network State by Balaji. It's a bit of a grind but some of the ideas are interesting to think about.
Are you using LN? You can send a LN transaction from a LN channel into an exchange. It's hard to trace where the LN payment came from.
Consider coin joining with Wasabi or Join market for onchain privacy. Spend or sell (if you have to) with LN.
After conjoining it does make it more difficult to sell on an exchange. If you don't think that Bitcoin was really meant for p2p trade then better not coin join.
Stagger it out over a few days.
Could be days weeks or months.
I would then send those coinjoined UTXO's from the wasabi hotwallet in larger UTXO sets back to cold storage
I think this it's generally a good idea to have larger UTXO's in cold storage as it's likely that fees will be high in the future. I wouldn't consolidate ALL of these UTXO's though.
Sounds like a plan!
I would have a look at the original cold storage UTXO's. Maybe send them into Wasabi one at a time and also at different times. That would depend on how they were bought, but consolidating them all in one TX might be a bad idea.
You also need to think about how many rounds you want to do.