10 sats \ 0 replies \ @cointastical 25 Apr \ on: Judge acquits Backpage co-founder Michael Lacey on most counts libertarian
I'ld forgotten about that dude.
And just first learned of Larkin's death:
RIP
In the U.S., to interact with a bank, Strike requires KYC with the data harvesting organization PLAID. i.e., you must give Plaid permission to rifle through your bank account history, and to keep doing so further whenever they wish to.
So I only use Cash App with my bank account.
If I need to convert BTC to USD into my bank, Cash App is the quickest, most convenient. Not the least expensive, but for small amounts that's OK.
But when I go to transfer from Stacker.News, for instance, to Cash App, I cannot (Issue #1109).
But Strike can. So I can deposit LN to Strike, then from Strike send to the Cash App LN invoice.
Other differences between Strike and Cash App. With Cash App I have a debit card. I can deposit BTC (via LN even) and have the proceeds immediately available for spending on the debit card.
10 sats \ 0 replies \ @cointastical OP 25 Apr \ parent \ on: JACK Dorsey / Cash App - FIX YO SH!T bitcoin
Update: That's back working now
This list is shrinking:
KYC-Free-Instant-Exchanges
https://cointastical.github.io/KYC-Free-Instant-Exchanges/
Show me justification how hourly is better than daily. Hell, show me a reason daily is better than weekly, even.
It's the only wallet on my phone that will pay a zero amount LN invoice when depositing to Cash App. Sure, I could install better wallets with better LN support, but Strike solves that issue for me.
How about paying directly from the app to a bank account or mobile phone to someone in eight countries in Africa,
)Ghana, Kenya, Nigeria, Rwanda, Benin, Ivory Coast, Senegal, Togo)
as well as Philippines, Guatemala, Mexico, and Vietnam.
Sure, the user doesn't actually send Bitcoin and the recipient gets fiat, but Strike is sending Bitcoin, underneath, cross-border for these remittance payments.
Send $5 and the recipient gets like $4.90-ish (depending on Strike's exchange rate vig) in their currency. Compare that to the cost with traditional remittnce and be shocked.
Best part for me is I don't deposit from my bank (though strike accepts.debit card or direct deposit), I deposit via LN (Lightning Address is usename@Strike.me), convert to USD wallet funds, and then use those funds to send the remittance.
just integrating Lightning to begin with took us 4 months and the number of users using it still does not justify the initial investment made.
I figured I'ld sign up, but found I already had signed up.
I suspect that occurred at the time of seeing this (which I probably saw, because I read a lot of bitcoin-related posts):
https://blog.kagi.com/accepting-paypal-bitcoin
So while I'm not a paying user (yet), a few marketing touch points have occurred now. I'm going to consider the Pro plan, since there is ChatGPT included.
I could count on one hand the number of times I've been to an Arby's before this year -- either an Arbys wasn't nearby or there were other fast food outlets that I preferred, so I don't remember what their prices used to be. But lately I've found them to be the only remaining affordable fast food option, assuming you are willing to buy the same thing every day (or their loss-leader special, no drink, no fries).
But I used to go days on end where the BK Whopper two for $6 (or was it $5 even??) was my primary daily nourishment. I haven't been inside a BK in over a year or more since I last saw their menu prices.
Nowadays, if I'm splurging (and really hungry), for lunch I find this almost reasonable:
- Chipotle Chicken Burrito, $9 (Plus pay with Cash App debit card and get a 5% discount on the amount charged.)
This title of this post is incorrect.
The ZiG is backed by a basket consisting of foreign currencies and precious metals, one of which is gold.
About the only good this might bring is further discussion about alternatives to pure fiat.
Well I wrote the article about five years ago, but edited it with additions and deletions over the years.
Crypto Words was probably included at the time I first hit the Publish button.
Really old list here, with lots of defunct sources now, but some others that you might not be aware of and might want to add:
Here's a great article on one of these topics ... Monetary Attribute #2: Hardness
The May Scale of Money Hardness and BitCoin
https://blog.stakeventures.com/articles/the-may-scale-of-money-hardness-and-bitcoin
Almost none of the OTC brokers on the list below are KYC free, as most "OTC Desks" today are just normal exchanges, or miners, etc.
If you asking about KYC Free, then essentially find a seller on a KYC free P2P and in the chat negotiate for the larger amount, the seller can create a new offer that is hidden to all except you, with your terms (that you had negotiated).
Lots of scammers out there ... Caveat emptor.
You can see the moment at which there was no further debate as to what to do:
23:45 DBordello What chain is Mt. Gox on 23:45 gavinandresen Eleuthria: if you can cleanly get us back on the 0.7 chain, ACK from here, too 23:45 MagicalTux DBordello: we stopped import before the fork 23:45 Eleuthria alright
Which is further evidence that it is economic nodes and not miners who control Bitcoin. In this case, there was mt. Gox with like 80% (educated guess) of the economic activity of Bitcoin at the time. So a miner (pool) switches to follow the will of the economic nodes (i.e., whichever side Mt. Gox was on), even when that one pool alone had majority hashrate (both sides combined).
Nomics had sunset in 2023.
Here's the latest archive that was saved:
https://web.archive.org/web/20210829083116/https://nomics.com/guides/cryptocurrency-otc-desks/
I'll edit the article.