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Because as @Scoresby has pointed out multiple times, why doesn't CoinOS or WalletofSatoshi get the same hate
Personally, I've advocated against both. I'm not even advocating against Spark with the intensity I advocated against coinos. Here's a random one y'all apparently never read: #1464906 - it's not the strongest, not the weakest. I'm sure you can use the search function.
extra jerky or extra scammy
Yes, the Spark dude is extra scammy and jerky because that's the Meta/Libra dude. Was even too scammy for US Congress - the palace of professional scammers. But whatevs. That doesn't even matter.
Hopefully, that protects me from a lot of rugpulls.
I hope so.
lesson in humility from ColdCard
Explain what you mean.
David A. Marcus (Romanian: Mărcuș; born April 12, 1973) is a French-born American entrepreneur. He was the co-creator of Diem, a cryptocurrency project initiated by Facebook. He is the former president of PayPal and Vice President of Messaging Products at Facebook where he ran the Facebook Messenger unit from 2014 until 2018. In December 2017, Marcus was appointed to the Coinbase Board of Directors, from which he stepped down in 2018. In 2021, he stepped down from Facebook. As of May 2022 he is the co-founder and CEO of Lightspark, a cryptocurrency startup which works on bitcoin and the Lightning Network.[1][2]
so... would you say that the hate is more about the person and their associations than the technology?
i already think bitcoin is a lifestyle brand for most people, so I wouldn't be surprised.
I didn't intend to be hateful, nor do I harbour any, but I can hazard a guess about those who do.
Calling a service non-custodial (as lightspark does) when the means for enforcing custody hasn't been built out for the consumer crosses a line. Bitcoiners being intransigent on what it means to hold corn in self-custody is as old as the first exchange/custody wallet hacks.
Bitcoiners being intransigent on what it means to hold corn in self-custody is as old as the first exchange/custody wallet hacks
True, but I'd also like to point out that Hal Finney believed that in the future people would mostly be using layer 2s through bitcoin banks. I think self-custody is going to have to exist along with custodial solutions: #1030571
Hal Finney believed that in the future people would mostly be using layer 2s through bitcoin banks
You understand that this is exactly what I pointed to above, right? If it's only about what people say, and not about the actual code (which is even harder for Spark because half the stuff is proprietary) then maybe there are more lessons to be learned from the Coldcard fuckup than just "be humble".
My fear is that we lose the plot if these distinctions become meaningless. Calling something non-custodial when it isn't is an Orwellian move and, imo, an attempt at the erosion of this distinction.
Yes, the Spark dude is extra scammy and jerky because that's the Meta/Libra dude. Was even too scammy for US Congress - the palace of professional scammers. But whatevs. That doesn't even matter.
Didn't know that. Is important context.
Explain what you mean.
Just to not get overly righteous about stuff in Bitcoin. Because even the "gold standard self custody" solution that all the maxis were hyping turned out not to be.
Just to not get overly righteous about stuff in Bitcoin. Because even the "gold standard self custody" solution that all the maxis were hyping turned out not to be.
So you prefer to be scammed then? Because I think recommending something and warning about something are different things altogether.
My question would be: is k00b's disclaimers not sufficient? He explicitly says you should treat it as custodial. So why layer on extra hate on top of that.
I've said it more than once today that the disclaimers are good. I don't know if they're good enough because I personally didn't have to be convinced to not use that option. If they rug and no one cries then it worked. Let's hope that doesn't happen.
Am I layering on hate though? I've been doing my best all day not to. I'm not going to use it. I don't recommend anyone to use it. If you use it anyway, I hope you get to keep your sats without any trickery or insane withdrawal fees.
Just curious about what drives the hate. Because as @Scoresby has pointed out multiple times, why doesn't CoinOS or WalletofSatoshi get the same hate, given that they're also custodial and vulnerable to rugging?
I just wonder if it isn't some Twitter drama I'm not aware of, like the founders of Spark are extra jerky or extra scammy or something.
Me, I'm old and slow, but also careful. So in that sense I don't tend to jump on these things until I develop an understanding of them. Hopefully, that protects me from a lot of rugpulls.
Lastly, it feels like to me people haven't learned the lesson in humility from ColdCard. You may love this service and hate that service, and you may feel your bitcoin righteousness burning.... but didn't the ColdCard incident teach any of us to slow down in both righteous indignation and righteous promotion of anything?