non custodial user friendly mobile lightning wallets, especially on the receiving side where you also have an always on and inbound liquidity requirements
most will be using custodial solutions, out of those that don't most will be using mobile wallets, some will use a cheap external signing device with their mobile
over time I expect many if not most to move to proper bitcoin ownership, full self custody, but it will be longer than 3 years and will be motivated by increasingly burdensome regulation which will take a bit to roll out but seems inevitable
If Stacker News would automatically create new posts from CD episodes and the sats from post votes would go directly to your v4v node... would that get you excited? :)
The beauty is that since it's all based on open technologies, it's fairly doable. Stacker News could get the episodes rss feed with your LN node and forward the sats there...
And from your (podcaster) perspective this could potentially give you value prioritized community discussions.
How are the plans to get v4v on comments on ActivityPub going? (on bitcointv)
extremely easy to use mobile lightning wallets without channel/liquidity management that offer extremely good privacy guarantees with minimized custodial risk
Hmmm, that made me wonder if there could be argument made that 51% of worlds energy should be used to power its monetary/value network.
@dergigi, what's your take on that?
The human brain uses 20% of the bodies energy to allocate the other 80%. If bitcoin uses 20% of society's energy to allocate the other 80% it would be kind of poetic.
How do you think Bitcoin bloggers can also tap into the V4V model? Is anyone looking at giving writers an integration like the poddy boys and girls have, RSS feeds should be easy to connect to things like breez and sphix
I agree with that one. I think "KYC/AML" is being positioned as bad-thing-prevention policies, whereas in practice those are purely User Exclusion policies.
We should be asking: Why would you want to exclude those people? Why are you excluding especially people of color and people without ID?
With newcomers, should we be hardcore no-KYC maximalists (thus making it harder for new folks to join) or should we let them first go through KYC path and learn gradually (easier to join, but will cry later)?
the reality is going to be a combination of all of the above with other tools as well but if I had to pick one I would go with federated lightning enabled chaumian mints, pretty cool set of tradeoffs if it works as expected
You say it was the Snowden leaks that turned you on to the need for personal privacy. Can you remember what the first step you took was on that journey?
congrats, this is the hardest question I've had to answer so far, not sure tbh, love trying new shit, someone recently got me a $300+ bottle of macallan rare cask that may have been the best I have ever had but that seems like cheating considering I will never spend that many sats on a bottle, aberfeldy 12 may be my favorite bang for buck wise
Here in the Peoples Republic of Minnesotastan a spirits distillery isn't permitted to serve beer or wine, so a few of us beer drinkers have now acquired a taste for whiskey.
They are new so you won't find their brand for a couple years yet, but they do sell an Irish American blend Keepers Heart, though that's found in just a couple states.
Do you think the truckers protest all around the world will change something (in good) for general freedom, or will be used (as many times) as a distraction and end up in a failure?
always love to see people standing up for their rights, will both be a massive force for good and used as a distraction, cautiously optimistic, we cannot back down, there is no other option
As you know it is very difficult to be private with bitcoin. What is the incentive to keep using bitcoin and not jumping over to a privacy coin if you’re ultimately looking for privacy? Why go through the headache with bitcoin if I can atomic swap over to something else and just spend with that coin and not have to worry about all the privacy issues of bitcoin
Everything has tradeoffs. I expect bitcoin to become the global reserve currency with everything else trending to zero against it. It is the most censorship resistant and robust network at the protocol level and it is hard to see any other chain overcoming that lead. As a result it seems more productive to me to try to make it easier to use bitcoin privately because it will win whether we make that a reality or not. That said, in the short term it seems completely reasonable to use monero as an additional tool when it comes to transactional privacy with the overwhelming majority of savings held in bitcoin.
Thanks for all the work, especially helping people understand the importance of privacy, and supporting open source developers!
It seems like the block size war is over, but the next one might be censorship, and governments trying to control Bitcoin rather than killing it.
Any recommendations for what can regular people do to help spread the importance of realizing people have the power to opt out, ie don’t use KYC exchanges, or accept Bitcoin without KYC, etc?
Cheers, glad to hear you find the content helpful, that's why I do it!
I could talk about this topic for hours but will keep it short and sweet here.
Lead by example and stop using regulated services yourself.
When we onboard friends and family we should be giving them their first sats ourselves with non custodial mobile wallets. Let them feel the empowerment that sovereign bitcoin usage brings individuals, explain the tradeoffs that come with using regulated bitcoin services, direct them to resources and education that go into more detail or walk them through it yourself. We should not just be blindly sending people we care about to regulated services, especially without explaining the tradeoffs.
Local meetups are going to grow in importance as we transition into a proper bitcoin circular economy and they have the potential to greatly accelerate that transition. If you already have a local meetup consider participating, if you do not then consider creating one.
Support open source contributors, projects, and resources focused on the goal of sovereign bitcoin usage.
They have different tradeoffs. Signal has proper encryption and message privacy guarantees while anyone can message me on telegram without knowing my phone number.
autonomous drone swarms built with off the shelf parts
will have positive and negative effects
positive: censorship resistant physical trade
negative: attacks on individuals and infrastructure, including miners and nodes, blame won't be easily attributable making attacks less costly and more common
Hey dude how's your day going? What software do you use to record remote podcasts? We're just getting going with the Bitcoin Journey and still trying to find the best setup. Also, got any privacy focused advice for the actual calls? We're thinking of using jitsi.
jitsi is great but call quality is not the best, if the conversation is going to be posted publicly anyway I prioritize quality over privacy tradeoff wise, zencastr and restream are solid
And from your (podcaster) perspective this could potentially give you value prioritized community discussions.
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