RT @rusticbison
Thread on the concept of borrowing fiat using Bitcoin as collateral (and re-rolling your loans, based on the assumed increasing value of the collateral), and how dangerous this can be with Bitcoin.

Imagine your balance sheet looks like this right now:

You guys who don't follow regular fedi might get a chuckle out of this.

We've all heard of the "fediblock" -- the great blocklist that NAS and any server with fun people are on.

P from FSE created a new relay that includes only instance that are on the fediblock list lol


I'm pretty sure they just doing this so they can have a current phone number.

why should you write CLI & terminal software in 2019?

well, there are plenty of reasons, but a really good one is that desktop computing is in a state of relentless decline (backed by megacorp fiat that it be murdered ASAP) and the terminal will still be cockroaching along decades after it's impossible to use any of the GUI paradigm stuff that worked just fine in like 1998-2010.

Tried using one of these the other day. The onboarding process was a UX/privacy/fiat nightmare. Perfect use case for digital cash (make it "coin operated"), not sure why they don't have an option to pay with cryptocurrency.

Nouriel Roubini (@Nouriel) is an extraordinary talented propagandist!

Notice how everything he says about the general scam industry (/#crypto) is true, while everything he says about is a false.

The conflating of the two is not by accident.

Roger Ver who's lying 100% of the time, is a complete amateur compared to this guy!

We need to immunize against this by more clearly differentiating from the non-bitcoin crypto/blockchain industry.


Here is a 2-wallet Samourai Stowaway spend. Neither output displays the true spend amount which is, in effect, "stowed away" via a trusted cooperation between 2 wallets.
oxt.me/transaction/546458c3470 … Based on an idea from G Maxwell w/algo guidelines from @laurentmt

great blog post from Nopara73 about "Pay to endpoint" the new technique to add privacy to trabsaction proposed by blockcstream:

Cold Card wallet needs no website or computer to operate, unlike Trezor or Ledger. The security chips use secure elements, and pins can be programmed to brick the wallet in a duress situation. Back up of the wallet is accomplished through removable hi reliability, military grade SD cards available on the site.They are shipping NOW. Next level security for the truly paranoid.

@djbooth007 @orionwl If you report someone on your local instance, it goes to that instance's mod team. If you report someone on a remote instance, it goes to your instance's mod team plus a report is sent to the remote instance's mod team. For BitcoinHackers, the mod team is @nvk and @[email protected]

Twitter is like a single mastodon instance or subreddit where the server operators/moderators are lunatics that are conducting social experiments on you.

Bitcoin Mastodon

Bitcoin Maston Instance