Replies (99)

Zaikaboy's avatar
Zaikaboy 1 year ago
Just a kittens paw away from a rug pull. BTC>ETF MASSIVELY #FreeSamourai #FreeRoss
Bobby's avatar
Bobby 1 year ago
Shillers gotta’ shill…
Anarko 's avatar
Anarko 1 year ago
This is the kind of noise that needs to be tuned out 'at all cost' going forward. One word....'responsability'. 🧡 ODELL
JackTheMimic's avatar
JackTheMimic 1 year ago
She's making a classification error. You AREN'T holding any bitcoin when you have shares of an ETF. But single SIG is not the best hodling solution, but you own 100% more bitcoin than anyone with shares of an ETF.
I love this take, if you’re worried, maybe up your set up, don’t introduce government seizure or third party risk. I love the take because when I think about it, my brain goes smooth!!!!
So dumb people use the gizmo from a company that pays you. Smart people use the (NOT OPEN SOURCE) gizmo from another company that pays you. I am going to avoid your false binary altogether.
BITKEY DOES NOT PAY ME. COLDCARD DOES SPONSOR THE SHOW BUT I WOULD RECOMMEND THEM REGARDLESS AND HAVE SINCE BEFORE THEY SPONSORED. USE WHATEVER YOU WANT. BETTER THAN THE ETF.
Look. As an old bitcoinner i have no real problem with the general idea of your point. My wallets are paper and multisig. The etfs are not bitcoin. I have seedsigners (which nvk attacks) and jades for my QR codes so my family can recover the bitcoin when i die. I have found the actions of the coinkite owner distasteful and anti foss. I dont want to show you disrespect. Your contributions to people who need knowledge have been extremely valuable. And self custody is hard as fuck. I know. I was using a single address in 2011. But its not a binary. And NOTHING is more secure than an actual cold wallet.
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CoinCounter 1 year ago
What if Satoshi lost his keys can can't get to his stack? It's a real possibility. No? What are the odds of permanently accidentally losing access to your ETF?
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CoinCounter 1 year ago
Satoshi probably lost his keys can can't get to his stack. It's a real possibility. No? What are the odds of permanently accidentally losing access to your ETF? There is a single-self party risk in losing access to your own stack. No?
Odell isn't wrong. Everything is a tradeoff. No way the masses use the same tools power users use. It's gonna be OK guys. The reason the vanguard SHOULD use the power tools is to make sure then work and get easier to use. Many lessons are learned and flow through the ecosystem of tools. Your virtue signaling about purity of tools is cool.. until you grow up and try to help normies. We have a long way to go with usability.
Let’s not be too harsh…we need lots of idiots with paper bitcoin so government will be ok only confiscating bitcoin held be third parties…if we educate enough people out of honey pots, they’ll try to confiscate self custodied bitcoin.
lol first time I've heard this. 6102 is coming for thee, but not for me. but surely they will continue to let people using sovereign wallets trade p2p without undue obstruction ot taxation...?
true but only if people know who you are, believe you have something they want and think they can get it. that's a "know your threat model" thing.
Wtf is with all the fear-mongering over single-sig wallets lately? Are single points of failure not enough of an adventure that we need to introduce multi-points of failure? Are we really hoping Elon gets us to Mars just so we have extra places to bury our seedor?
I have aunties, or just middle-aged acquaintances that I know It’ll be irresponsible for me to recommend them to self custody or social multisig setup. Not everyone is able to learn and do it. The ETF is protected by legal system of the USA, which is far better than my country’s. Show me a simple, fool-proof and tolerant setup and I’ll be more than happy to spread it. I don’t think it’s right to tell them : “HFSP! You don’t deserve bitcoin”
Garrett's avatar
Garrett 1 year ago
You gotta put both on both. Ever hear about how people lose hella money rolling their own dice on coldcard?
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Rand 0 years ago
i have a $6 wrench lolz
G's avatar
G 0 years ago
I think there's a lot of truth in this.
I KNOW CHILDREN THAT HOLD KEYS. I MEMORIZED MINE AND I HAVE LITERAL BRAIN DAMAGE FROM SEIZURES. NO FUCKING EXCUSE
I don’t give advice. But transparent chain isn’t a problem if one can carefully think through how they transact and what info they keep in physical and digital form and where they keep it.
Garrett's avatar
Garrett 0 years ago
Wait actually it failed. Strange.
Garrett's avatar
Garrett 0 years ago
It ain't FUD. People should know not to be lazy when rolling dice so they don't lose funds.
No it's not okay. Bitcoin has been captured. It has been neutralised as a tool for freedom and might even become weaponised in the future.
Let's stop pretending that NGU is more important than actual freedom. Because it's not. One of the two is an illusion. You get to pick which one.
What’s funny about the meme is that no super smart early bitcoiner uses non-open source devices like the Coldcard. It’s just Rodolfo, his cronies, and a bunch of newbs who fell for the marketing. Ask developers & OGs what they use: they will either say Bitcoin Core/Electrum/Mycelium or if they use hardware wallets at all it’s an old Trezor that’s 100% open source and still works a decade later (unlike Coldcards, which are unreliable and have a new model update every year).
I genuinely hope you can see the absurdity of your argument. I’ve been very fortunate to have been in bitcoin since mining blocks solo with my laptop in 2010. If you want your misconceptions directly addressed, I’m happy to dispassionately dispel them. But the meaningless banter timer has expired.
You seem to be under the misapprehension that bitcoin private keys are some form of identification. Or that sending transactions necessarily identify the user. Are you familiar with dandelion transaction relay? tor? VPN? I used to run my own bitcoin tx relay where anyone within 20 miles of my antenna could send a transaction inside a wireless message to my gotenna and it would get relayed to the bitcoin network via my ISP.
The fact that single individuals COULD get privacy doesn't address my point. Are you familiar with Chainanalysis? Roman Sterlingov? Samourai and TDev? Sending txs from a particular address (ie with a particular private key) ABSOLUTELY identify the sender if those utxos are KYCed. Doesn't matter if you use a VPN or Tor or whatever the fuck antenna not to send it. and since probably 90+% of the network comes in through KYC onramps it means 2 things, one, those users already need to do *something* to obfuscate their ownership and two, people who bought nonKYC are hiding in MUCH smaller anonset than the entire utxo set. in short, Bitcoin privacy sucks. and nothing you've said so far is relevant.
Telling the IRS "I lost my asset" is going to get you exactly nowhere IRL. and excuse me but its a childish attitude as if all yall maxis are going to disintermediate the assholes who run the world and they're going to shrug their shoulders and say "oh well they said they lost their Bitcoin in a boating accident" 🙄
You must believe theft can’t occur. More power to ya. Did you know there was a time in the US where the IRS could demand credit card records directly from the credit card company without a warrant to monitor population compliance with income tax? Congress outlawed this because IRS was weaponized for political purposes. Remember, the US federal government has not has been given authority to tax income, not possession, and even that expansion of government power required a constitutional amendment. Being stolen from is not a taxable event. Government hasn’t been granted authority from the people to make it so.
it is telling that your argument has been reduced to "privacy isnt necessary because I trust the legal system to do the right thing" so now instead of a protocol that protects users from the whims of Authority, we're trusting Authority 👍 good luck with that. anyway, you didnt understand what I said about dragnet surveillance and your comment about TCP/IP was a non sequitur.
Lucid's avatar
Lucid 0 years ago
Uhhh.... He's explaining his thought process. It's not an opinion as so much as it's the realization of truth. Sorry People don't expect me to be logically consistent. My headline literally says "ignore me, I'm retarded" you stupid bitch.
Hes making a statement of fact. Its an incorrect fact born from ignorance. Its neither an opinion nor a "realization of truth". But clearly you have an invested interest in avoiding any accountability. I'll let the reader decide who's the stupid bitch. Bye.
Lucid's avatar
Lucid 11 months ago
Yeah you're right.