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0 sats \ 0 replies \ @metalogician OP 24 Aug 2022 \ parent \ on: Bitcoin and Signature Rights bitcoin
I don't think you understand what's being said, but that's okay. In computer science there are permissions and rights.
Sir, I'm talking about rights in the computer science sense. Like how you can access a folder on a network.
Your private keys give you rights to alter data. You cannot alter the data that I have the signing rights to (my bitcoin).
But @DarthCoin don't you know, the government really cares about us and would never do anything bad. Any information suggesting otherwise is a crazy conspiracy.
Solo thieves aren't the only attack vector. There's also federal agencies, etc. to consider. You're ignoring these considerations to avoid admitting any possible need for any trade off.
I know the point is not to make it impossible. But with the decreased threat of theft comes the increased threat that you will not be able to retrieve your coins. You're ignoring the trade off.
Option A is more secure at the expense of accessibility. Option B is more accessible at the expense of security.
I don't think this eliminates its potential use.
Maybe keep the majority of your coins in 2 of 3 with engraved seed plates, but you can keep an emergency fund in a separate wallet with steganography. Furthermore, you can write more than your seed phrase. Perhaps a short essay where you know the seed phrases are hidden in it. I think it has some usefulness.
Fedimints are looking like a way to completely interrupt on chain surveillance. Each fedimint can function as a mini coinjoin amongst trusted peers.
I like Blue Wallet personally. Self-custodial, non-KYC, bitcoin and lightning, quick and easy to setup and use.
As far as custodial, KYC bitcoin exchange goes, Strike is a great way to acquire bitcoin into a custodial wallet that can send on chain or lightning transactions at your discretion.
You did insult him personally, just without calling him names. He introduced himself and instead of getting to know him you were like "lol, I bet you...." followed by a bunch of bullshit.