Linking your ID card to a device that is permanently connected to the Internet, with satellite coverage, traceable even when turned off, and from which you cannot even remove the battery... what could possibly go wrong?

The debate that Willy Woo has reignited about quantum computing and taproot is interesting. While I believe that it will take many years and decades to see quantum computing as we imagine it, I do believe that taproot was a design flaw in every respect. As I have mentioned many times, there is widespread suspicion that taproot was approved due to pressure from Core members who had stakes in mining pools. But the truly amusing aspect is that taproot addresses are less secure than segwit addresses, significantly less secure, given that taproot addresses permanently display the public key. A state attacker, for example, could collect Taproot addresses (and other vulnerable ones such as P2PK and Bare multisig/scripts with direct pubkeys) and decrypt their private key. In segwit addresses (also P2PKH and P2SH/P2WSH), this is not possible, since the public key is not exposed; it is only possible at the moment of spending, which is when the public key is exposed, i.e., while it is in the mempool waiting to be confirmed. This reduces the window to minutes and greatly reduces exposure to attack. The example to follow is that of Signal and SimpleX, which improve their encryption algorithms with every step they take and prepare for quantum computing well in advance. Meanwhile, Bitcoin is more concerned with allowing spam and shitty protocols like Citrea. This has less and less of a future.

Nacho Escolar: “El narcotráfico se arregla con regulación: límites al efectivo, más control sobre la compraventa de inmuebles caros y medidas alrededor de las criptomonedas” Empieza fuerte la campaña contras las criptomonedas en España. No conozco ningun caso de venta de droga más allá que el de la deepweb donde se opere con criptos, y este mercado es ridículo comparado con el del sistema fiat.

Guys, never listen to idiots who recommend this nonsense. What usually happens is: - BTC falls 60–80% at some point in the cycle (something quite normal historically). - Your LTV goes up, you get a margin call. You don't have the cash to put up more collateral because you spent it on your lifestyle. - Some or all of your BTC is liquidated at the bottom of the market. - Or the platform has problems (Celsius, BlockFi, etc.) and your funds are frozen for months/years. And that's not even counting the abusive interest rates on these loans and the abusive collateral. What you have to do is the hardest thing: - Get out of the debt system. - Only spend what you have. - Save.

The vampire says that #Bitcoin will not be included in the reserves of any EU central bank because reserves must be liquid, secure, and unaffected by criminal activity.

Good morning!

Working is necessary and intrinsic to human nature. If you lived alone in the forest, you would have to go out hunting, farming, raising animals, building a home, etc. When we live in a specialized society, we make a social pact whereby we offer goods and services in exchange for other goods and services, and that is how a society progresses, by working and trading. Working for others is not a problem either, as Marxism argued. If it were so easy to be an entrepreneur, we would all be entrepreneurs. The problem, as I say, is not working for someone else; the problem is that the fruits of your labor are taken by someone else, in this case the government. Karl Marx manipulated this simple axiom to exhaustion with surplus value. Western democracies have gradually been transformed into neo-communist systems. We started in the 1950s and 1960s with tax regimes of 10% of GDP, and now we are at 50% in many cases, but like the frog that was slowly boiled, no one has complained. So think about it: more than half of your time is spent working for the government. Isn't that surplus value according to the communists? It's a joke.

Jajaja el sistema esta corrupto hasta la medula, quiere que comas mierda y mueras pronto

I feel identified

Good morning!

The goal of a Bitcoiner is not to get rich; the goal of a Bitcoiner is for the bastards who work for the government to starve to death. This changes things a lot, because you go from a vain goal to an epic goal, to a personal battle, to a momentous battle in defense of pure humanism. A moral battle.

One of Bitcoin's main objectives was to avoid paying taxes, which most people have forgotten.

Everyone who has advocated for Bitcoin to be only a store of value is a bad actor, remember that. Not being able to use Bitcoin as money is what governments want, because it prevents one of its main features, black markets and tax evasion, which is essentially preventing you from being robbed. Governments love the idea of Bitcoin as a store of value, where it increases in price and you sell it through the cash register and pay taxes. If you can afford to use Bitcoin as money, things change, because in that case, Bitcoin has an outlet beyond the traditional KYC circuits. So anything that allows Bitcoin to be used as money is welcome.

I don't know Square's terms of use for Bitcoin, but just the fact that Bitcoiners can use their bitcoins on a daily basis is already the best news of the year, even better than ETFs. For Bitcoin to succeed, it must be used as money, as a bank, and as a store of value.

Unique and unrepeatable

Good morning! My day begins at Nostr.