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This is a thread for random discussions that gets posted everyday at 5am central.
Tell us what you're doing today, ask questions, or vent about your life. Whatever you want, let it rip!
I love moving sats from exchange wallets to my own addresses. When we do this, we are active contributors to bitcoin's scarcity.
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Anyone in the house going to El Salvador for Adopting Bitcoin conference?
If so, would love to hear about your itinerary/dates. Want to make sure when book, I don’t cut any stay short
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I'm considering it but haven't decided.
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You know you want to. Attendee/speaker list looks strong. Witnessing the merchants in a warm location is also a big draw. As is the prospect of finding connections to land a lightning gig.
Feels like it’ll be one to regret my end, but give us a shout if you do end up justifying some absence from SN in favour of pupusa research.
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You could book flights with Bitcoin here https://future.travel/ https://bitcoin.travel/
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This Celsius disclosure is crazy. Makes me think what if all Bitcoiners went no kyc today what would happen to the KYC businesses? Would they go bust? (strike, river, swan) I am certain it would drastically raise the bar for entry. Thus slower adoption but way better privacy for all who use BTC.
I have heard about the dual approach a KYC stack and a no kyc stack but I’m just torn on how I should go forward with my accumulation strategy because now I do every I can to not only accumulate sats but also use them and donate them. Thinking should I go full no KYC in 2023 just use bisq and ATMs or just keep status quo and take my chances with being dox (which already happened because of ledger and casa leaks)
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The dual-stack model is probably the best approach to hedge.
The inconvenience (and potential premium) in the short-term will far outweigh the inconvenience in the long-term. Also adds an additional incentive to mine.
When the time comes, anyone looking to take advantage of fiat gains should probably prioritise spending KYC stack. Banks (for now) want to see evidence that those have been in your possession, especially for big purchases like houses etc. Eventually that won't be the case, but compliance officers are checking boxes no matter how ineffective the paper trail is. The more barriers they introduce the bigger advertisement for non-KYC HODLing.
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I have a feeling the people doxxed in the Celcius disclosure don't know enough to care that they've been doxxed.
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Hey, plebs, make your bids with LN!
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People are not going to stop being dumb anytime soon too :(
The last two years have made such a strong case for BTC yet it went over the masses' heads.
The truth is that adoption of another kind of money is extremely hard when most people are too dumb to realize its benefits and the state/state-influenced-corporates are competent enough to spew propaganda every now and then.
It's going to take a long time.
This is partly why I like the idea of Taro on LN - we have to lead the masses in with something, and pure organic hard/sound money adoption may not be fast enough.
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No. Taro will not drive more adoption. Taro is another "story"... Read here: #78245
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No one has any idea that they need it yet.
People in the west have had little reason until now than to trust their 'stable' currency. They will remember the name, when they are searching for a solution to their problems.
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