Bada₿it

More detail if you select to show the page as a desktopsite.
https://image.nostr.build/de6859cfe971c7cf40b255021058953d862a7ef53970b0bd8d85f65982624e74.jpg

2024-03-08 07:25:39 UTC

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Time to get introduced to Peach.
https://peachbitcoin.com/

2024-03-03 11:19:33 UTC

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And you didn't understand I was reffering to the same?
That's not a funny joke, tbh. It's one of those sad jokes, sad in the sense that you can't accept that you were wrong to post those pictures but are still trying to win the argument.
A funny joke would be you now getting doxxed, then I would genuinely laugh 😂

2024-03-03 11:04:24 UTC

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Must be a difficult life you have, seeing no shades or colors at all, just black and white.

2024-03-01 14:00:09 UTC

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Spec Attack!

2024-02-14 18:24:41 UTC

Friendly reminder to not buy the paper.

2024-02-07 20:40:49 UTC

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Bisq indeed has high volume XMR trades (a few power users), but the absolute majority of trades are not with the Monero trading pair.
There is no "major" demand. It's at best niche compared to demand for bitcoin. Atomic swaps have been a buzzword for many years, glad to see there is finally smth happening there..

2024-02-07 20:30:11 UTC

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Why swap to a slow bleeding privacy coin every month, if you can use the best SoV privately already today?
You are forgetting that you also need to acquire Monero before you "hit the send button". The swapping to non-kyc Monero can also be considered tedious and expensive. Not a lot of apps and low liquidity. Acquiring bitcoin non-kyc is a breeze with Peach, Robosats or Hodlhodl, because there is demand and adoption.
The reason that the happy few can transact cheaply on Monero today is because adoption is so low, hence fees remain low. Monero is not even processing 10% of Bitcoin's onchain txs (again small anonset, and even disregarding all the LN tx here). Demand is just so low that it's a "fraction of a cent" now, but this is not sustainable if you think Monero will be successful and adopted more widely.

2024-02-07 19:23:08 UTC

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Lol, have you read the article?
“Senders have amazing privacy on Lighting on a general level,” Giorgio said.
That's right, "amazing" sender privacy just like I claimed.
Receiver privacy is being worked on, but let's not claim Monero doesn't have any challenges. It can't scale, there could be an inflation bug, etc. Bitcoin made the right choice to build on a foundation of transparency, and to add privacy later. The market has been confirming this time and time again.
Also, Bisq and Robosats are Bitcoin decentralized exchanges that happen to offer an xmr trading pair. Xmr trading is very limited to almost non existent on them.

2024-02-07 19:07:38 UTC

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Monero is a bad store of value asset, meaning you need to swap in and out every time you want to use it, else you lose purchasing power. These swaps reduce the anonset further.
If you instead open a LN channel with a non-kyc, conjoined Bitcoin UTXO, you can spend when and where you want privately, without losing purchasing power over time.

2024-02-07 18:38:52 UTC

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When you spend through Lightning, your anonset is practically the entire LN network.

2024-02-07 14:58:46 UTC

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True, but Bitcoin did a 20x prior to that..
Bitcoin has had ridiculous tx fees indeed, but scaling is being worked on. One onchain tx can now allow for thousands of L2 tx.
Monero privacy is impacted though by the small anonset. Having less and less ways to obtain xmr will hurt adoption and the anonset at play.

2024-02-06 22:53:26 UTC

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Good for you but won't happen.

2024-02-06 14:40:45 UTC

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It's getting slapped back to 100 USD. But price doesn't matter, right?

2024-02-05 16:58:35 UTC

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Use Mutiny or Zeus to set up a LN channel from a non-kyc/coinjoined UTXO, then use this Lightning channel to spend.

2024-01-28 09:28:08 UTC

Can you smell the ocean, anon?
https://m.primal.net/HZbq.jpg

2024-01-27 09:27:18 UTC

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Hashrate increase confirmed 😂
https://m.primal.net/HZUA.jpg

2024-01-27 08:57:11 UTC

A blue dildo appears..
https://m.primal.net/HZUA.jpg

2024-01-26 12:42:58 UTC

Genuine art on the blockchain, part 2 ❤️ #OceanMining
https://m.primal.net/HZNo.jpg

2024-01-25 14:05:24 UTC

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Very big anonset also lol.

2024-01-25 14:05:04 UTC

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So that's like what, some tens of thousands of users? That's cute.

2024-01-25 06:04:28 UTC

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It will become unusable and centralized as it can't scale. That's obvious, no?
https://nitter.net/giacomozucco/status/1749150808782839895#m

2024-01-25 05:57:21 UTC

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So how come I can make hundreds of tx with only one onchain tx? You do not consider this multiplier scaling? That would be disingenuous tbh.

2024-01-25 05:54:41 UTC

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https://nitter.net/giacomozucco/status/1749150808782839895#m

2024-01-25 05:23:32 UTC

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It can't scale.

2024-01-24 20:14:54 UTC

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That's because no one is using it. If more people would use it, you'll run into problems fast.

2024-01-24 12:24:38 UTC

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Yes it does. LN scaled Bitcoin. How does Monero scale to the same level?

2024-01-24 12:23:29 UTC

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It doesn't scale, so there's that..

2024-01-23 23:00:48 UTC

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Interested to hear how his favourite coin Monero is planning to scale..

2024-01-23 22:19:30 UTC

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Best way forward is sell and rebuy non-kyc if your stack is still small. Otherwise mix it and leave it, then start building non-kyc stack and keep it separated (different derivation path).

2024-01-22 10:12:14 UTC

Yesterday, 85% of all tx on Bitcoin were monetary, non-spam/scam tx. The highest since October.
Udi is now doing whatever it takes to keep his "magic" alive, begging people for 300 btc so they can have groundbreaking cat jpegs on Bitcoin. Udi the Innovator.
https://m.primal.net/HYlz.jpg

2024-01-21 19:28:13 UTC

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Might trigger alerts at his bank though, so better to spread the buys out over a few months.

2024-01-21 19:23:47 UTC

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Peach is indeed recommended. You can buy 10 tranches of 1k in 10 days.

2024-01-21 10:28:59 UTC

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What's an affliate?

2024-01-14 17:14:57 UTC

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Oof.

2024-01-14 17:13:45 UTC

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Not sure if there's medical consensus on that, it's quite a controversial topic it seems.

2024-01-14 12:21:21 UTC

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Also, the quantity of fails should not matter. Either you're stupid, either you're not. There is tremendous evidence suggesting the man is stupid. If you wish to ignore that, good luck to you..

2024-01-14 12:07:29 UTC

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These were clearly his suggestions, which make him certified smolbrain stupid.
Feast your eyes on the stupidity of a man that does things like looking directly into the sun.
https://www.youtube.com/watch?v=mvndXb-7XtU
But like I pointed out, this is a futile discussion.

2024-01-14 11:51:01 UTC

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https://www.youtube.com/watch?v=zicGxU5MfwE
But I guess if you still support that man today, you have a particular knack for ignoring facts.

2024-01-14 11:26:18 UTC

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Remember how he proposed to inject people with disinfectants to beat the corona virus?
That should suffice...

2024-01-14 08:32:50 UTC

Yesterday, 72% of tx on Bitcoin were shitcoin mints/tx.
I guess fees didn't solve the spam.

2024-01-14 08:15:56 UTC

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He's an idiot though.

2024-01-06 09:48:34 UTC

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Bitcoin miners:
https://m.primal.net/HWmH.jpg

2024-01-05 16:40:23 UTC

Marvel at that sweet, sweet adoption in 2023 😅
https://m.primal.net/HWgE.jpg

2023-12-31 09:07:12 UTC

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🫂

2023-12-30 21:38:04 UTC

Bitcoiner logic.
https://m.primal.net/HVyV.jpg

2023-12-30 11:12:07 UTC

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Highly advise you to watch Giacomo Zucco's recent talks on ordinals and censorship (it's not censorship). Giacomo is undecided on solutions for the spam (it's spam) but could see a viable option in removing the witness discount.

2023-12-28 23:10:22 UTC

A question for all the brave ordinal defenders and cEnSorShiP warriors out there.
https://m.primal.net/HVkR.jpg

2023-12-25 08:32:53 UTC

Noooooo, spam is a legitimate use case. Nooooooo...
https://m.primal.net/HVJt.jpg

2023-12-20 19:20:33 UTC

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https://image.nostr.build/a4ef15a62a07eae801665589b18924d78b300849eb1acaace6ded3784b224c43.jpg#m=image%2Fjpeg&dim=824x486&blurhash=i86%40K%259t53%7D%24Rz9%7E-YxcI_whSfNY%24jWZI%5BxZavS2D%7CxZ%255Iwfm%24_RiR%25s%2BXSnhnmOFn%7CskR.ohjXI-s%3AslS5oNWEk9avad&x=f4c43569c450f16cf7be59e9ef5c3b63ba261e672f7d10cd7041c61bd6e75bcd

2023-12-20 11:07:35 UTC

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One major asset manager getting rekt is somewhere in there as well, possibly provoking the next bear.

2023-12-20 11:06:23 UTC

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Paper dilution would then split the exchange rate of paper vs physical bitcoin?

2023-12-19 07:42:07 UTC

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So much for the "art" use case and Udi's "bringing back the magic into Bitcoin".
They're just minting shitcoins. Same as it ever was.

2023-12-17 20:09:24 UTC

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If I only want to receive emails that pay me 1 sat, and my inbox is then flooded with scam emails that are all paying 1 sat, does that make those emails "not spam"?

2023-12-17 16:21:44 UTC

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Here's looking at you, kid.

2023-12-17 10:43:08 UTC

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I think (or hope) we are currently seeing a glimpse of a distant future where 500 sat/VB is the new standard. I expect fees to come down again in the short term (months).

2023-12-17 10:24:41 UTC

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Hold on and wait until those sats are worth much more.

2023-12-16 19:23:07 UTC

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Lightning is not independent from L1. How can newbies adopt Lightning at the current fee rates?

2023-12-16 18:08:35 UTC

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Meanwhile small users are priced out of using Bitcoin as money. Because of ordinary spam.

2023-12-16 17:17:06 UTC

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https://image.nostr.build/6b0442f677d28d2039ac15cd91b626089e9bf8dc0b205b5571d9c5ac105c4ba4.jpg#m=image%2Fjpeg&dim=657x472&blurhash=rCK%2CS%5EIn%7EdyC0Ow5A0I-5Y09WAE6NN-gkUxZn%23%24%7E05xbaQr%3BxbSwwJoO%24y8%7Cxuozs6xuV%5BadXANGVtI%5DNINGNNxWbWxZe%3AS7sks*WsRQSgWZjERo&x=4b781e82f1cbb58b782a686254fc6a3a4103fbcbb04d06d40a1061e50c559d93

2023-12-16 15:33:36 UTC

Marvel at the #adoption of Bitcoin as #money..
https://m.primal.net/HUBO.jpg

2023-12-10 08:47:50 UTC

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100% true. I don't like though how (shitcoin) products close to Bitcoin are getting more and more compliant, even though it was always going to happen. It's important that we keep on repeating these risks.

2023-12-10 08:11:47 UTC

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The censorship we should be livid about.

2023-12-09 18:44:24 UTC

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This is just getting embarassing now, honestly. You guys are making a fool out of yourselves, comparing a configurable setting with censorship.
Can everyone stop censoring my 100 byte op_return tx please?

2023-12-08 16:28:57 UTC

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On my boat.

2023-12-08 10:39:01 UTC

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Odell and many others are conflating node configurable rules with censorship.
One miner filters tx with more than 42 bytes in op_return, some consider this censorship. However, Bitcoin Core by default filters tx with more than 80 bytes, but those same people do not consider that censorship. However, I am "censored" from sending tx with 100 bytes in op_return.
Another nice example: Nostr relays filtering p*rn or shitcoin talk are also not considered censorship for these people. But filtering spam from the mempool somehow is. And I think we all agree that storing dickbutt pictures on the chain is not the purpose of Bitcoin (p2p electronic cash system) which makes it spam.

2023-12-08 06:57:20 UTC

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Trying my best!

2023-12-07 19:55:35 UTC

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Time to ditch PoW I guess. It's yet another tool for censorship and oppression.

2023-12-07 18:55:15 UTC

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Bitcoin was not designed to store arbitrary data, that is a plain and simple fact. Measures were taken to avoid spam of random data on the chain. However, if fees cannot sufficiently counter a spam attack, other actions might be required. If this situation continues for a year, you'll see opinions on this changing quite fast.
Are you comfortable explaining to people in need that they can no longer rely on Bitcoin as they should understand it's more important that degens can post butt jpegs on chain? That they're ignorant and should have anticipated this as Bitcoin is not only money but also a costly database for storing random data?
Spam filtering is a normal procedure in many technologies, it's dishonest to compare such a thing with government censorship. Everyone will know gov censorship when it happens.
If nostr relays would be filtering token airdrop spam, would you call that "censorship"? Because that's exactly the same thing. So I guess Nostr is not uncensorable? Please expand on this point.

2023-12-07 17:48:49 UTC

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Quit larping and read my message again. Bitcoin is already "censoring". Bitcoin already has rules that "censor" certain tx.
Adding a spam filter is not the censorship you should fear, from the comfort of your cosy couch. Meanwhile people with less means that need Bitcoin more than you are priced out.
That's the adoption I mean. Not the dollar signs you think about when you hear the word adoption.

2023-11-29 20:54:29 UTC

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Dogecoin has 11 billion market cap for ... ?

2023-11-20 21:21:10 UTC

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I'm not talking about covid. I'm asking you about vaccines against smallpox and polio, since you consider vaccines fraud.

2023-11-20 20:21:21 UTC

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So you're claiming the eradication of smallpox and the containment of polio, tetanus, etc. is not due to vaccines but rather a coincidence or a hoax ?

2023-11-20 12:57:35 UTC

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What Bitcoin promises did he make ?

2023-11-20 12:40:58 UTC

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Do you believe vaccines are a hoax ?

2023-11-18 18:03:04 UTC

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Ordinals...

2023-11-18 11:57:06 UTC

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Ordinal degens paying 40.000 sats per sub-millisats transaction ?

2023-11-12 20:42:15 UTC

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I have had similar thoughts on orange-pilled governments. You'd want transparent gov spending as a citizen, except for crucial sectors like defense. Can you imagine govs coinjoining...

2023-11-09 18:42:02 UTC

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They'll run out of money again at some point.

2023-11-07 20:51:34 UTC

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"Every time a Relai user makes a transaction through the Relai app, we collect information about the order. The data we collect includes the user’s
- Currency (EUR or CHF)
- Amount
- IBAN
- Bitcoin wallet address
- Timestamps for order created, executed, exchanged, and payment received
- Trade recurrence (once, weekly, or monthly) - Referral code (if applied)
- Referral commission
- User details for sell orders (which includes first and last name, address, and bank details)
- For incoming deposits, we collect the deposit amount, deposit ID, user details, and bank details
- All exchange orders we place on our third-party exchange partner
- Push notification tokens (if permissions are given in the app)"

2023-11-07 20:49:16 UTC

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Oof, time to read their privacy policy... They effectively store your personal data, and can link it to every single tx you make.
Soft kyc means no forms need to be filled in, but Relai does collect your personal information through your bank wire data. Relai being non-kyc is a common and persistent misconception that we need to get rid of asap.
I suggest you use Robosats or Peach if you want real non-kyc sats.
https://support.relai.app/en/articles/5981616-what-data-does-relai-store

2023-11-07 18:55:10 UTC

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It's satire..

2023-10-19 17:04:45 UTC

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What typo?

2023-10-12 21:24:38 UTC

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Lightning was made possible through SegWit, not Taproot.
Taproot only came much later and had unexpected consequences already with the Ordinals spam.
Don't try to have your merge and splurge and purge on Bitcoin. We don't want that and we don't need that. Main chain needs to ossify, any changes to the base layer should be vetted thoroughly and for a very long time. Drivechains won't happen imo.

2023-10-12 21:12:27 UTC

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So the main chain is touched. We should be very wary of doing that.

2023-10-12 17:02:18 UTC

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Oof, this is not etherium. Let's practice caution and conservatism, before we break something.

2023-10-02 13:48:53 UTC

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How we can easily find and rate public mints.

2023-09-22 14:57:14 UTC

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Fair enough, I get that you're only interested in your ability to transact anonymously. But Bitcoin has outgrown its whitepaper. Satoshi is not Bitcoin. All bitcoiners make up Bitcoin. And that Bitcoin community is more ambitious than merely having a digital cash for the happy few. We want to scale and bring as much of the advantages of Bitcoin to as many people as possible (everyone not anyone). This does not mean allowing censorship or asking the gov for permission. Not sure which maxi is saying that (I for sure am not). Nor is it happening in Bitcoin.
Also, I wasn't aware that my name was on the blockchain. Seems you're confusing privacy with anonymity.

2023-09-22 08:20:10 UTC

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I care about adoption and therefore scaling, yes. If you don't, you're excluding people that might need your solution. Which means it's not a good solution. Which means I shouldn't care about it.
It's easier for anyone in the world to get some bitcoin than to get some monero. So it's effectively more difficult to use Monero. Your viewpoint is quite naive tbh.
If adoption and scaling doesn't matter for you, then good for you. But then why attack Bitcoin all the time ? Jealous about smth ? Hurting because the market proves you wrong at every turn ? Just keep on using your coin and concentrate on Monero's own problems, iso spending all your time aiming and missing at the king.
The Monero fanboi hatred towards Bitcoin is cope grounded in jealousy. No one wants to hold your coin, get over it.

2023-09-22 07:46:05 UTC

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I'm not worried at all. But I would understand normie businesses that would be. Monero is so obvious that it hurts itself badly in terms of gaining meaningful adoption. And adoption is part of the plot, no? Or are you fanbois fine with a coin for the happy few?
The term "Crypto" means a very different thing today. I suggest you keep that in mind for future converstations, or you'll hear this a lot more.

2023-09-22 06:08:24 UTC

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Oof, where did I say I was scared? No need to put words in my mouth :-)
Oh please tell me what the plot is, "crypto" fanboi.

2023-09-21 19:38:54 UTC

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https://image.nostr.build/8f3604cf14a08fac657602b7f5b37ff26ab77a2912826a3d2d0c69a46f49bdff.jpg

2023-09-13 18:03:46 UTC

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Meh. Go for p2p instead.

2023-09-05 19:20:31 UTC

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Ah so here we have it. The crux of the matter. Alas, you're not interested in giving the people better money. Monero is a privileged coin for the happy few that have access to it and can transact anonymously. Bitcoin, however, has a bigger mission.
So please step aside and be gone with your privacy and scaling criticism, as you offer no alternative solutions in terms of a better global money. It's easy to criticize, maybe try some constructive feedback and ideas...

2023-09-05 12:14:57 UTC

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But how do you scale to mass adoption and replace fiat? Or are you just interested in YOUR ability to buy groceries anonymously?

2023-09-05 12:13:30 UTC

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Two can play at that game. Bitcoin is banned in several countries. Your argument is void :-)

2023-09-05 12:09:09 UTC

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Bisq is the measure of adoption now? Lmao

2023-09-05 12:05:27 UTC

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Everything is better than a chain for the happy few.