The Bitcoin 5th column is real, and growing. Like deep cover Soviet moles but loyal to the ideals of a global individualist movement, not a socialist one.
We collect a regular paycheck, but watch the growing value of Bitcoin with more than idle interest. We might fit in as loyal corporate workers, but are secretly working to overthrow the economic system that allows the bourgeois management class to rule. Our manifestos come from Tim May and Eric Hughes. Builders of the world, unite!
My experiences are the norm, I think. Identity credentials are rarely
checked, and most people don't care too much. (An important point is that
in a cash economy, identity is almost irrelevant. It's only in non-cash, or
"account-based," economy that True Names are demanded. Lots of interesting
issues to discuss here, which I won't now.) https://mailing-list-archive.cryptoanarchy.wiki/archive/1995/08/133cdf9b737ddcac9f007724132184275f6276bb918f2daa7e95c613b22c3acf/
I'm continuing my exploration of the cypherpunks mailing list. Here is a mail from Tim May discussing the rationale and risks of a cashless society which is eerily relevant for today (it's 1992 folks!)
RT @[email protected]
Join Blockstream Core Tech Engineer Dr. @[email protected] this Wed. at 15:00 UTC for a live webinar on getting started on #clightning! Topics include how you might use c-lightning, building basic apps using c-lightning, & its strengths over other implementations. ⚡️ https://www.bigmarker.com/blockstream/Getting-Started-with-c-lightning3-2019-09-04-03-00-pm
Some say governments can force people to use their debased fiat money.
As fiat and even hard assets stop functioning as reliable ways to store unseizable value, Bitcoin will increasingly become the only useful measure of personal wealth.
Government workers, like everyone else, will demand a salary priced in Bitcoin.
As people realize the government can't create or seize Bitcoin to pay them, they will be forced to directly exchange productive work for Bitcoin instead.
Nice LTB podcast about Erlay, Dandelion and Bitcoin in Hong Kong with @christinabahk and Leo. I really like these interviews with people who have regional knowledge about Bitcoin.
Watching Schnorr signatures presentation by Peter Wuille at SF Bitcoin developpers meetup, that's a bit hard but fascinating
A couple of weeks back in Manchester I remember saying to Paddy McCorry "the canonical Bitcoin user is probably a Nigerian trader paying a businessman in China to avoid capital controls" - which I was entirely making up, albeit based on a few vague understandings of how the word actually works.
Now listen around 36-38 minutes to the new LTB podcast 402 "The Tools and the Work pt 2" (sorry not on website yet). Quote "millions to hundreds of millions per day .. in bitcoin".
"Concentrated power is not rendered harmless by the good intentions of those who create it." - Milton Friedman #bitcoin
Cool, this is about as cypherpunk as it gets :)
It was a mixing service (centralized). I don't read Dutch but someone just linked this on IRC: https://www.fiod.nl/fiod-en-om-halen-witwasmachine-voor-cryptovaluta-offline/
Know a student interested in working on projects at the intersection of the #LightningNetwork, #Bitcoin and off-grid communication using the @goTenna Mesh? Check out our new internship opportunities this summer in Brooklyn! 📻⚡️🕸️⛵️
"It's difficult to make Big Brother work without payment surveillance."
WATCH. BOOKMARK. WATCH AGAIN. >> https://youtu.be/CyieujRFk3g?t=13818
Connect your Blocksat enabled full node to a goTenna Mesh radio! You can now receive blockchain data via satellite AND relay signed bitcoin transactions or Blocksat API data without a direct internet connection! 🛰️📻🕸️ @Blockstream @gotenna #MuleTools
The ZmnSCPxj hits just keep on coming:
I haven't actually read the detailed proto description, but the outline sounds very smart already.
" a European trader who wants to buy gas from an Iranian supplier and a European manufacturer who wants to sell aircraft parts to an Iranian company. Instead of the trader paying the Iranians for the gas, they would transfer the money to their fellow European manufacturer (in lieu of payment from its Iranian customer). At the same time, the Iranian aircraft company would pay its compatriot gas supplier for the supplies sent to Europe. Hence no cross-border money flows."
Excellent discussion about privacy tech for Bitcoin by @waxwing on the Cryptovoices podcast. I always appreciate Adam's ability to communicate clearly about what are technically complicated subjects.
Afterthought to the afterthought: according to what I see in ZeroLink/Wasabi docs, the original scenario is in fact correct, because the first stage is "input registration phase" in which the "Alices" give their utxos and proofs of ownership (and blinded outputs), so the coerced server could bifurcate its behaviour at this first phase.
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