pull down to refresh
0 sats \ 0 replies \ @justin_shocknet 21h \ parent \ on: Wallet of Satoshi isn't fully self-custodial, but it isn't custodial... bitdevs
There's still a cohort that believes we need to panic because 8 billion people, most with no assets, will wake up and decide to become sovereign individuals.
Since Bitcoin can't technically accommodate that, ever, they change the meaning of words to fit their delusions.
It is custodial. It's not debatable.
users can never be sure that the operator honestly deleted said key
"Deleting a key" is just hoping the custodian doesn't spend the coin. YOUR COIN IS NOW THEIR COIN. Enough with the cope. This is no different than an SQL database, same exact trust model.
The unilateral exit in a downtime scenario is cope too, no one is onboarding into a Trustodial fake L2 if they can afford their own UTXO/LN Channel. These scams exist for custodians to service dust collectors and cower behind technobabble if the regulator comes looking, the problem with this is that they're lying to users while they do it.
Cowards, frauds, unscrupulous actors, engaging in a trust violation before the first transaction is ever made.
I think the mental gymnastics people will do to justify this fake L2 narrative scamming is downstream of the scaling psychosis. Denying truth about scaling and UX sets your principles off-course just a little bit at first, but as you travel further away from the light, you start defending scammers just to be consistent with the inane views you hold on scaling and UX.
To hypothesize then we must distill the question down to its essence...
Since gold failed to sustain itself in human organization, would the world be a better place if humans were less flawed to such an extent that gold were actually an effective money. Then sure the obvious answer is yes, less shitty humans would improve a lot of conditions.
Something we can credit gold with are the lessons learned from it to improve ourselves. It failed, but at least it failed forward.
Kings didn't clip, Kings had to mint coins with edges because of what happens in circulation
Change goalposts if you must, your OP wasn't about if gold was the best attempt at a solution available... But "what if" it hadn't been a failure (which it was)
Many of the darkest periods happened under it too, correlation yada yada... gold didn't invent the steam engine or factory any more than fiat invented the microchip or the internet.
The revisionist gold history is a myth too, wealth has always been measured in land and legion.
As a currency it was constantly clipped, diluted or substituted. Even then, it was only useful to the extent a governmental monopoly on violence made such use-cases possible, because it doesn't work as money without the governments endorsement.
Since money is a tool, it is self-evident that gold is not a useful enough tool in shaping human organization. Governments are themselves human organizations, shaped by the tools they are built with.
There's no escaping the fact that fiat is gold's legacy. Play "what if" all you want, the result will always be the same. Bitcoin had to be created to break that cycle of golds failure.
Goldbugs sound like college leftists, puerile dullards that insist real communism has never been tried.
If my aunt had balls, she'd be my uncle.
Gold never worked and gold is why fiat exists in the first place.
If we're going to conceive of a magical alt-universe we may as well ask what if Bitcoin existed 5000 years ago. Otherwise, the gold experiment ends the same way every time.
Given that Trump's Secretary of Commerce owns a slice of it, and it holds more treasuries than most countries, it's is safe to assume it was deep state front work.
Yea it's basically the nostr consensus library
The clink sdk is effectively an extension of it and we started exporting it's functions to eliminate the duplicate dep
I vaguely remember looking at NDK once and thinking "wtf does this do beyond nostr-tools?"
This seems a bit optimistic, or at least, I had not considered it before.
Took a long time for me to realize Tether wasn't just scamming or delusional crypto theater, but the tip of the spear on how this transition of the financial system as to work.
lightning.video converts well for adult creators funneling from discovery platforms
It's a disaster, everything is a worse version of an old idea. Maybe 1-2 decent movies a year come out, for the last 10 years at least.
Good news is there's so many great old ones to revisit or discover, old ones I find have become more enjoyable as a trip back to less dark times.
Super hero movies appeal to the primal connection with biblical stories and archetypes, but are marketed to an infantilized soyciety that prioritizes individual escapism or fandom culture over collective moral reflection.
Italy, interesting... I've been expecting it to be the next EU exit over the trade stuff with Meloni in cahoots with Trump... seems even more likely if the smart money is sniffing it out.
Thanks.
It seems to be an impossible challenge to obviate multi-vendor setups with the hardware supply chains that are currently available, but you're definitely raising the bar with these mitigations.
Keep up the good work.
This looks like the most promising hardware signer to date, but I'm still suspicious of anything tailored for these purposes.
If a manufacturer is sophisticated enough to address the concerns of paranoid people like myself, then surely they're sophisticated enough to implement some kind of exfiltration? (Your address of klepto is excellent, but should also give people pause to think about the attacks they don't know about)
IIUC, there are still closed source chips on the board and the mitigation for that is published xrays and an industry certification? Have any 3rd parties done an EMC test?
How would you overcome the objection that obscurity is a last line of defense and that HWW's cary an inherent targeting risk?
Why do you suppose there's not a more general, industry-scale HSM, that supports Bitcoin transactions? Like if YubiKeys supported Bitcoin curves...