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!
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/
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"It's difficult to make Big Brother work without payment surveillance."
WATCH. BOOKMARK. WATCH AGAIN. >> https://youtu.be/CyieujRFk3g?t=13818
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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.
Recent discussion on IRC about Joinmarket and it occurs to me that the issue of Wasabi using a server is both subtle and little understood. Even more confusing when you consider Joinmarket also uses servers, for messaging. I'll try to explain in a bit of detail and point out how this may be a material difference in the privacy model (although it's hard to state clearly): (1/n)
"Coinbase will make EOS, MKR and REP fully available for trading on its professional platform sometime Tuesday. http://ow.ly/1X6O50pz9Vo @baidakova writes"
I just have to say, what the fucking fuck. CB has long been an anti-bitcoin bucket shop. But what irks me is that they're getting rich doing it. Is this how the government pays them back for being KYC lackeys? Where are these famed regulations people talk about? This just can not possibly end well for their customers.