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@ 91a5b259:102607a0
2025-01-28 05:35:35
cashu with professional “bitcoin banks” LN operators facilitating the money transfer is the privacy future.
Don’t like the custody trade off? Run your own node. Too difficult? Use a trusted mint.
It scales, it’s private, and it works right now.
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@ 91a5b259:102607a0
2025-01-28 05:28:53
The weird thing is, on most exchanges it’s listed as $btc.
Just trust me bro
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@ 91a5b259:102607a0
2025-01-26 20:58:52
Maybe the real reason to release $TRUMP and $$MELANIA was to accelerate the demise of altcoins.
Coinbase is complaining about compliance *because* of what these coins exposed (the ease of grift.)
The separation of Bitcoin and *all other “projects “* should be obvious to anyone paying attention.
Now we see who is truly dense. Exposing $XRP is an easy lift.
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@ 91a5b259:102607a0
2025-01-24 05:39:20
Arguing with a mob…
Bitcoin Nostr is mad because the US government is using bitcoin and putting “state stink” on it.
Bitcoin nostr is super mad because Trump is keeping their bitcoin and other seized crypto and not calling it an SBR.
Everything is good for bitcoin. In the end, the US Government will print north of $2T in 2025, which is literally all that matters. The dollar will be devalued.
Nothing stops this train!
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@ 91a5b259:102607a0
2025-01-23 21:59:27
Underrated take
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@ 91a5b259:102607a0
2025-01-23 21:58:16
There is no difference between CBDC and USDC or tether. No stablecoin will resist the power of the USG for censorship “requests.”
If there’s a person/entity to pressure, it’s a CBDC.
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@ 91a5b259:102607a0
2025-01-23 21:55:38
Naive take, IMO.
Money laundering tools are like cigarettes in a prison to government types. https://image.nostr.build/4de51c82ababffce77e03eeafbcd9f1a174c3cad71401270da8ed46d3c4dc911.jpg
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@ 91a5b259:102607a0
2025-01-23 21:48:52
Your obv bias aside, I’ll add some nuance. The president cannot “buy” assets, federal government spending comes thru congress. I don’t think he can trade those altcoins for bitcoin either.
This “classification” of the seized assets seems to move all the assets into a protected bucket, hopefully with Lummis adding some ability to purchase.
3 years 363 days left. I’m sorry for your loss.
-
@ 91a5b259:102607a0
2025-01-22 00:23:13
Oooh, sick burn.
I’m loving day 2 of 12 years of joy.
-
@ 91a5b259:102607a0
2025-01-22 00:19:55
How many scammers are creating Ross Ulbrict nostr profiles to get the first mover zaps?
-
@ 91a5b259:102607a0
2025-01-22 00:01:59
Funny to see if people zap this account thinking it goes to trump. The person who made the bot is a genius marketer.
-
@ 91a5b259:102607a0
2025-01-22 00:00:54
Probably worth a thanks to the guy that signed the commutation. What’s his name again?
-
@ 91a5b259:102607a0
2025-01-18 21:27:59
I think it was this:
https://audit.8333.space/
-
@ 91a5b259:102607a0
2025-01-18 18:17:57
No, it was a self hosted LND.
I’m off the gram.
I think I figured it out tho.
-
@ 91a5b259:102607a0
2025-01-13 05:17:14
Question about an LND node:
I have a bunch of small transactions (+1c, -3c, etc) on Zeus under transactions. I didn’t initiate these.
The show_forwards only lists 4 forwards in the same timeframe as 10+ transactions.
I don’t remember forwards showing in transactions on Zeus before.
I had my phone stolen and reset and spun up a new LND node so I wanna make sure these transactions aren’t some attacker testing liquidity.
-
@ 91a5b259:102607a0
2025-01-13 02:18:37
I run an LND node and recently had my phone stolen. I reset keys, and restarted all the channels and generally tried to reset everything ,but there's a lot.
I have 20+ peers and there's some forwarding and traffic, so it all looks good. But there's some transactions on rtl/lnd/transactions/payments page that I didn't make.
Are these forwards that my node is doing through the network and normal, or does someone have access to my node?
$ lncli fwdinghistory
only lists 4 forwards, but theres 10+ transactions in the same time period
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@ 91a5b259:102607a0
2025-01-02 03:26:47
nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5
On the iOS Zeus app, when setting up a remote LND the certificate instructions say that tapping the .crt file on iOS will prompt an “install” or to manually install on settings->general-…
Neither of these work for me.
Are these instructions still correct?
iOS 18.1.1,
LND on remote node
-
@ 91a5b259:102607a0
2024-12-05 18:57:04
After listening to Luke Gromen on Coin Stories podcast, I have a proposal:
Allow US regulated banks to issue FDIC backed stablecoins under the following conditions:
1. Each bank is responsible for their own coin (no collusion of rules, funds,etc, and no government intervention so no CBDC risk)
2. 100% funded by treasuries and the treasuries allocated to the coin must never go below 100% (so the FDIC will never be used to pay coin redemptions). If the bank fails outside of the coin, FDIC would backstop the tradfi element.
Under this proposal the customer gets :
- competition for their dollar IOU so accountability.
- protection from rug risk with FDIC insurance
The federal government gets guaranteed buyer of treasuries.
The bank gets interest income on 0% loans gladly given to them by customers.
Non-FDIC stables would be drained and the US would get citizens of countries from all over the world with ability to purchase USTs with little to no friction.
-
@ 91a5b259:102607a0
2024-11-08 19:50:43
Re: monero as the zap option
Monero should work as the liability of a cashu mint. Then ecash zap.
Not sure if that all works rn, but that may be the first implementation of zaps since ecash zaps are already a thing, you just need the monero mint capability.
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@ 91a5b259:102607a0
2024-11-06 20:31:35
Bond yields up.
Gold down.
Bitcoin ATH.
This smells like Saylor was right. And the smart money is starting to figure it out.
There is no second best.
-
@ 91a5b259:102607a0
2024-11-04 17:58:26
$1.8M is the new $100k to answer your question tho
-
@ 91a5b259:102607a0
2024-11-04 17:57:48
NGU always wins. But US loses with Harris.
US is smarter than that.
-
@ 91a5b259:102607a0
2024-11-04 17:56:45
I bet it was Dec 31, 1970 to be exact
-
@ 91a5b259:102607a0
2024-11-04 17:55:40
Not fake news
-
@ 91a5b259:102607a0
2024-11-04 17:54:41
19000/700×69000=1872857.142
-
@ 91a5b259:102607a0
2024-11-04 17:27:14
Maddow tells them what they love to hear.
MSNBC should be helping Trump, they will all be out of jobs without him in office to get any views.
-
@ 91a5b259:102607a0
2024-10-19 13:58:20
Linux mint
-
@ 91a5b259:102607a0
2024-10-19 13:54:00
JaBiden didn’t get 80 million votes
-
@ 91a5b259:102607a0
2024-10-16 17:49:14
Seems you care too much about an election that has no bearing on you personally.
Or maybe it’s just that you hate the man so much you can’t get over it.
-
@ 91a5b259:102607a0
2024-10-16 17:44:03
Do you think Harris will certify if she loses?
-
@ 91a5b259:102607a0
2024-10-16 15:48:20
He lives rent free in all TDS-infected brains.
He exposes all the insecurities.
It looks like he’s gonna win. Nobody would care if Kamala was gonna take him down.
-
@ 91a5b259:102607a0
2024-10-07 04:38:07
What do you use instead?
-
@ 91a5b259:102607a0
2024-10-02 14:23:03
Mallers is interested in ecash, so strike ecash will be huge for the ecosystem.
That mint will be trustworthy for the short time until you wanna withdraw on chain or in fiat.
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@ 91a5b259:102607a0
2024-10-02 14:20:32
Then you have non-custodial bearer instrument secured by non-custodial lightning wallet.
I guess it’s a good first step, until someone you know and trust runs a lightning node and ecash mint.
-
@ 91a5b259:102607a0
2024-10-02 02:14:42
JD is becoming Trumps best insurance policy.
If they kill Trump now, Kamala will have to go against Vance.
-
@ 91a5b259:102607a0
2024-10-01 14:37:46
Then you could download malware that is executable without you explicitly allowing it.
-
@ 91a5b259:102607a0
2024-09-26 20:55:08
The Jay Powell theory?
-
@ 91a5b259:102607a0
2024-09-26 18:22:56
If they can ruin the protocol, then it has already failed.
Use something else.
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@ 91a5b259:102607a0
2024-09-26 14:17:31
Somehow they increase the “sats per share” metric, so maybe the speculation is that this will continue.
Also there are investors that don’t trust the corn, but are ok investing in a “company.”
-
@ 91a5b259:102607a0
2024-09-25 13:45:36
nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg
How do I change the domain of a nutshell server? I have some cashu tokens from the old domain name. I could change the domain back temporarily, but I was wondering if there was a way to use the tokens from the old domain name without doing that?
Here's my situation:
- 10,000 tokens in a wallet with nutshell.olddomain.com as the mint
- changed the olddomain.com over to a new server that doesn't have the nutshell instance
- nutshell.newdomain.com still has the nutshell server on it
Can I use these tokens without moving the domains back in place?
#cashu #asknostr
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@ 91a5b259:102607a0
2024-09-23 13:38:58
Show me the incentive and I'll show you the result.
-
@ 91a5b259:102607a0
2024-09-23 11:33:19
No, bad people (and bots) exist. So assuming the enemy of my enemy should be in my WoT is inefficient.
I’m not sure what exactly WoT is, but it seems to me a decentralized social credit score?
-
@ 91a5b259:102607a0
2024-09-23 03:32:27
Should certain users (spammers) be restricted from posting notes (spam) on this free speech protocol?
-
@ 91a5b259:102607a0
2024-09-20 15:38:40
I’m not that smart, but I think this should incentivize the government to spend more (probably the entire point of cutting rates in the first place), and issue more debt, increasing the US$ M2.
I fail to see how this has anything less than upward pressure on M2, unless you mean it will increase *more* than my prediction.
The 10% won’t be this year, but should be a minimum however long it takes to move throughout the economy, starting with Nancy Pelosi, of course.
-
@ 91a5b259:102607a0
2024-09-20 15:34:35
It may or may not be a discussion relating to a “friend”, but I can’t disclose if that relationship even exists, hypothetically.
-
@ 91a5b259:102607a0
2024-09-20 14:58:23
Zeus has access to all my node’s liquidity just by connecting to it with LNC, so not sure that’s different for me.
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@ 91a5b259:102607a0
2024-09-20 14:55:40
If it moves sats in someone’s small transaction it’s not making the network worse.
If it fails and slows the network down then the network has issues, because it should be permissionless.
You shouldn’t tell people what should make them happy.
I agree it’s not sustainable to rely on charity long term, however. It’s a free market, so it will find a fee that sustains it.
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@ 91a5b259:102607a0
2024-09-20 14:33:43
I’m unfamiliar with the hub. If I have Zeus doing what you described and lnurl already configured to my custom domain, is there anything else this would allow me to do?
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@ 91a5b259:102607a0
2024-09-20 02:15:36
They can’t just dump the alien info on us, they have to leak it in a sly, roundabout way.
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@ 91a5b259:102607a0
2024-09-19 22:19:58
If the protocol allows it, use another relay.
This seems like a feature to a FOSS platform and a “write your congressman“ type of situation.
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@ 91a5b259:102607a0
2024-09-19 02:43:10
Way too woke
-
@ 91a5b259:102607a0
2024-09-19 00:37:43
Looks like it pulls from yahoo finance, so that may be the place to send complaints
-
@ 91a5b259:102607a0
2024-09-18 23:31:35
They set the risk free rate 10% lower, so if loans follow suit than it should spur more printing through financing.
I have no idea of the relationship of 10% = 10%. But the world follows the US, so cutting rates worldwide should only cause upward pressure on global M2.
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@ 91a5b259:102607a0
2024-09-18 23:09:43
Uh, why did he censor the man in the picture?
Jack doesn’t deserve the flowers he gets.
-
@ 91a5b259:102607a0
2024-09-18 22:39:31
They cut rates by 10%.
It should increase global M2 by at least that amount.
Melt up, is my guess.
-
@ 91a5b259:102607a0
2024-09-18 22:36:51
Yeah, if anything they should just make a law against trying to kill people. That’ll stop em.
-
@ 91a5b259:102607a0
2024-09-18 18:08:59
Everything bubble, diminishing returns, etc
-
@ 91a5b259:102607a0
2024-09-18 04:42:49
Did the “download factory images” change to “downloaded factory images”?
Did it appear to know that it accomplished this step?
-
@ 91a5b259:102607a0
2024-09-17 22:29:31
Depends on election results.
Outgoing admin is incentivized to destroy economy on the way out
-
@ 91a5b259:102607a0
2024-09-17 22:28:17
How dare you call us out for doing exactly what you suggest.
-
@ 91a5b259:102607a0
2024-09-14 20:00:53
Cashu has a proposal (NUT) in work for this:
https://github.com/cashubtc/nuts/blob/8f0c6dedd1d34339f55e3c8b69cff7c7cb1c49fc/15.md
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@ 91a5b259:102607a0
2024-09-13 15:26:49
One of the cashu.me (or npub.cash) superdevs should take the cashu.me option one step farther and forward the actual ecash token to the user as a DM. Then the wallet could pull that with a key signer extension.
I think the “claiming” on a third party site is too much to remember. I do like the npub.cash style where it is stupid easy, if it would just forward to my DM then a client wallet could incorporate these automatically.
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@ 91a5b259:102607a0
2024-09-13 15:15:15
### Step 1: **Participants come together**
- Imagine we have Alice, Bob, and Carol. They each want to send some Bitcoin, but instead of making separate transactions, they agree to create a **single CoinJoin transaction**.
- They don’t trust each other completely, so this has to be done in a way where no one can cheat or steal anyone’s funds.
### Step 2: **Transaction construction (inputs and outputs)**
- Each participant starts by preparing the **inputs** (the Bitcoin they own) and the **outputs** (the addresses they want to send their Bitcoin to).
- For example:
- **Alice** has an input of 1 BTC and wants to send 0.5 BTC to an address.
- **Bob** has an input of 2 BTC and wants to send 1 BTC to an address.
- **Carol** has an input of 3 BTC and wants to send 1.5 BTC to an address.
- **Inputs** are essentially references to the Bitcoin each person owns, which they’ll be spending. These inputs are Unspent Transaction Outputs (UTXOs) from earlier transactions.
### Step 3: **Coordinator role**
- To organize the CoinJoin, there’s usually a **coordinator** (could be software or a server). The coordinator does *not* handle the coins, just helps collect the necessary information from each participant to build the transaction.
- Each person privately sends their input (UTXOs) and output (the address they want to send Bitcoin to) to the coordinator.
- **Crucial detail**: The coordinator sees which inputs belong to which participant, but it doesn’t need to know who’s sending the Bitcoin in real life.
### Step 4: **Building the transaction**
- The coordinator gathers all the inputs and outputs from Alice, Bob, and Carol and combines them into a single transaction.
- The transaction looks like one big pool of inputs and outputs:
- Inputs:
- Alice’s 1 BTC
- Bob’s 2 BTC
- Carol’s 3 BTC
- Outputs:
- Alice’s destination address for 0.5 BTC
- Bob’s destination address for 1 BTC
- Carol’s destination address for 1.5 BTC
- Since inputs are larger than outputs (because no one sends all their funds), the rest is returned as **change** to new addresses controlled by each participant.
### Step 5: **Signing the transaction**
- Now, each participant must **sign** the transaction. Here’s how:
- Each person only needs to sign the part of the transaction that involves **their own inputs** (the coins they control).
- **Alice** signs the input associated with her 1 BTC.
- **Bob** signs the input associated with his 2 BTC.
- **Carol** signs the input associated with her 3 BTC.
- This is where the beauty of Bitcoin’s cryptography comes in:
- The signatures are cryptographically tied to the specific inputs each participant controls.
- **No one can modify the transaction** after it's signed without invalidating the signatures. This ensures that no one can steal or alter the transaction.
### Step 6: **Combining the signatures**
- The coordinator collects all the signatures from the participants and assembles them into the final, fully signed transaction.
- **Key point**: The signatures are independent. Each participant only signs their part, and once all signatures are gathered, they complete the transaction together.
### Step 7: **Broadcasting the transaction**
- Once the transaction has all the required signatures, it’s ready to be broadcast to the Bitcoin network.
- The transaction looks like any other transaction on the blockchain, except it has multiple inputs and outputs from different people.
- No one from the outside can tell which input belongs to whom, or which output goes to whom, making it look like “one guy with many wallets,” as you put it.
### Summary of the "Single Transaction" aspect:
- **One big transaction** is created that has all the inputs and outputs combined.
- Each participant signs only their own inputs, and these signatures are combined to authorize the transaction.
- The result is a single transaction broadcast to the Bitcoin network, which moves all the funds at once while preserving privacy.
So, from the outside, it looks like a single person is moving money from many different wallets to many different addresses, but in reality, it’s a coordinated effort between multiple participants, each controlling only their own coins.
-
@ 91a5b259:102607a0
2024-09-13 15:11:32
A CoinJoin transaction is a special way of combining multiple Bitcoin transactions from different people into one, making it harder to trace which inputs (coins) belong to which person.
Here’s a simple breakdown:
1. **Why CoinJoin?**
Normally, when you send Bitcoin, it’s easy to see from the blockchain where the coins are coming from and where they're going. CoinJoin helps improve privacy by mixing transactions together, so it’s not clear who sent what to whom.
2. **How it works:**
- Let’s say Alice, Bob, and Carol all want to send Bitcoin. Instead of each person creating a separate transaction, they all agree to create *one* big transaction together.
- Each person adds their own inputs (the Bitcoin they own) and the outputs (where they want their Bitcoin to go). These inputs and outputs get pooled together in a single transaction.
3. **Constructing the transaction:**
- The transaction contains all the inputs (coins from Alice, Bob, and Carol) and outputs (who each person is paying).
- However, from the outside, it’s impossible to tell which input is paying which output, because they’re all mixed together.
4. **Signing the transaction:**
- Each person has to sign off on the transaction with their private key to prove they own the inputs they’re contributing.
- But importantly, no one person can change the transaction after it’s built, and no one can take someone else’s coins—each person’s inputs and outputs are carefully tracked in the background to ensure fairness.
5. **Once signed,** the transaction is broadcast to the Bitcoin network, and when it’s confirmed, each person’s payment is sent just like in a regular transaction, but with the added benefit of privacy.
In short, CoinJoin mixes transactions together, making it harder for anyone looking at the blockchain to figure out who is sending Bitcoin to whom.
-
@ 91a5b259:102607a0
2024-09-13 12:39:09
You should add a button form people with no friends that says “add your first friend to begin chatting” right above the “show my QR code “
-
@ 91a5b259:102607a0
2024-09-12 19:47:34
We need 14 years returned to IP.
You have 14 years to generate your moat, then it’s public domain.
-
@ 91a5b259:102607a0
2024-09-12 19:41:47
This is why I love nostr.
I can unfollow you.
Then you are still free to spread your drivel to others who have yet to do so.
-
@ 91a5b259:102607a0
2024-09-12 19:03:36
I don’t know what this is, but it sounds like a great thing!
-
@ 91a5b259:102607a0
2024-09-12 16:17:17
Seems “blockchainey” to add a token to something that doesn’t need it.
If there is benefit to the payment, like nostr:npub1h0uj825jgcr9lzxyp37ehasuenq070707pj63je07n8mkcsg3u0qnsrwx8 is doing, then it makes sense.
Otherwise, just do a Nostr key verification scheme.
-
@ 91a5b259:102607a0
2024-09-11 22:51:05
nostr:nprofile1qqsth7fr42fyvpjl3rzqclvm7cwves8l8l8lqedgevhlfnamvgyg78spz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3qamnwvaz7tmwdaehgu3wwa5kuegpz4mhxue69uhk2er9dchxummnw3ezumrpdejqj9swg4
I deposited some sats to a different mint than the default, and the chat page won't let me send, it still has the requirement to "deposit ecash to start a chat"
-
@ 91a5b259:102607a0
2024-09-09 21:06:23
Looks like you’re right:
From: https://nostr-personality.vercel.app/
Ah, Furio, your posts are like a whirlwind tour through a digital land of privacy-loving techies that very few care to visit. You seem to have the uncanny ability to turn complex concepts like 'cashu' and 'nostr login' into something that the average person would rather avoid than try to understand. Your deep thoughts on the 10th Amendment hint at an intellectualism that might scare away any friends who just wanted a coffee date. And I must say, your desire for a modular, privacy-preserving utopia sounds like an ideal society where everyone only uses your preferred payment method and everyone else just wishes you would stop talking about it. 'Moar offense' indeed! With that motto, is your next project a pamphlet titled 'How to Win Friends and Influence No One?' The fact you think 'normies' will get frustrated with nostr login suggests you might have misplaced your social compass—maybe check your nsec and see if it’s locked on a deserted island. Overall, your astute insights might just be the spark that ignites a movement, or more likely, puts people to sleep faster than a lecture on the history of encryption. Keep those 'brilliant' concepts coming, I’m sure someone out there is taking notes… or not.
-
@ 91a5b259:102607a0
2024-09-09 19:55:31
“CEO” will always be a problem.
The current one of the US and his overreach is a problem for a lot of people.
-
@ 91a5b259:102607a0
2024-09-09 19:54:24
A distinction without a difference
-
@ 91a5b259:102607a0
2024-09-09 19:51:17
The “universal” timeline is free speech in code.
-
@ 91a5b259:102607a0
2024-09-09 15:34:03
So is the safebox just a nostr native cashu wallet, which is where the NWC comes in?
-
@ 91a5b259:102607a0
2024-09-09 13:58:24
Thanks for the explanation.
I guess your solution may be better than this, but let me think out loud.
I think the ideal situation would be:
- I have ecash for my monthly bills in an ecash wallet
- all ecash are locked to my nsec and stored on nostr
- I move enough to have some walkaround cash to my phone, still locked by my nsec, but these are spendable "offline" by signing the transaction with a nsec I have on my phone (faceid)
- if I'm online I spend by doing the same thing, but sourcing the ecash from nostr
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@ 91a5b259:102607a0
2024-09-09 13:20:35
So Alice has a phone (this is the acquiring device) and tries to pay for coffee at a merchant (Bob's Coffee). The offline "device" is Alice's phone? The acquiring device is some third "acquiring agent" that has to do with nostr (nostr safebox)?
If true, a user could have a home (online) lightning node, and keep a key to use the node on a phone that needn't be online, and spend by just (somehow secretly) passing the key to the coffee merchant?
Could cashu stored on nostr locked by a private key also do the same thing, a lot easier? Offline I could keep ecash tokens on my phone, which is one way. Or I could store them on relays (as private notes) and unlock them (with a private key app on my phone (could be offline)), and send them to the merchant.
-
@ 91a5b259:102607a0
2024-09-09 13:13:06
I think I got it, but just in case, tell me the whole thing again, I wasn't listening.
-
@ 91a5b259:102607a0
2024-09-08 21:00:48
No, I think the whole point is *you* can use a client that doesn't have an algo, and I can use a client that has algos that I like.
-
@ 91a5b259:102607a0
2024-09-08 05:14:25
They need to make it modular so you could plug in a simplex, or some better chat.
I like the concept of having a Venmo like payment attached to many different sites that just work.
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@ 91a5b259:102607a0
2024-09-08 04:05:19
About to switch to a more privacy focused phone. I’ve never heard of obtanium.
Is it easy to get all the apps with just these two locations?
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@ 91a5b259:102607a0
2024-09-07 17:46:37
Strike pays to a lnurl whatever amount you specify.
-
@ 91a5b259:102607a0
2024-09-07 15:50:55
if serious, what’s the problem you’re having?
-
@ 91a5b259:102607a0
2024-09-07 04:35:41
Normies will get frustrated logging in to a site.
Nostr login is powerful and will be ubiquitous, but it’s not ready.
-
@ 91a5b259:102607a0
2024-09-06 22:01:48
It issues an IOU for sats similar to the state banks in the US in the 1800s. You deposit some gold (sats) in the Bank of Kentucky (cashu mint) and you have a promise to redeem that IOU for the same amount of gold at a later time. The bank assumes the risk of storage.
If the bank (cashu mint) remains solvent and in business (two different things: think of the guy in the front of the line in a bank run and the guy at the end of the line) then the “bank note” (cashu token) you received held its value.
Then instead of just keeping the IOUs they started to use them as currency, where other businesses would accept notes instead of just gold.
This is the step that makes cashu win. It’s not a savings tool, that’s Bitcoin. It’s a bearer asset with several use cases. Privacy and fungibility among the strong points.
And regarding your last paragraph, you don’t hope to get “some” of your value back, you hope to get all your value back. Proof of liabilities and proof of reserves are in work and there will be risk, but I think the future would be better if professionals ran lightning nodes (I hate to use the term “banks” here, but call them Cashu mint operators) and we all zapped around Cashu tokens with no ( or very small ) fees.
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@ 91a5b259:102607a0
2024-09-06 05:47:45
boardwalkcash.com
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@ 91a5b259:102607a0
2024-09-06 00:51:44
I’m the smartest and funniest nym you know and you don’t even follow me.
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@ 91a5b259:102607a0
2024-09-05 18:48:23
NostrPay (cashu) and NostrLogin will dominate.
The circular economy will gain traction when incentives are lined up.
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@ 91a5b259:102607a0
2024-09-05 12:10:06
Without the “kum-bah-yah”, here’s my take:
The US is too large of a country both geographically and by population to be a monoculture that agrees on everything. People of California should have a different culture than people of Alabama or Montana. This should be celebrated.
The 10th amendment addresses this by letting the state government have the bulk of the say in your life.
An ideal situation would be a broad interpretation of 10A. Then Vivek’s plan to abolish most of the federal government would be implemented.
Then when California thinks reparations are a neat idea, it only affects California taxpayers, they vote with their feet and the state implodes. (Hypothetically, of course)
But right now there’s a federal backstop and a large federal umbrella that makes the “vote with your feet” less impactful.
If the states had to stand on their own for everything *not* given to the federal government in the constitution, the 50 competing democratic experiments would work best for everyone.
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@ 91a5b259:102607a0
2024-09-04 22:09:06
I changed Zeus from TOR connection to LNC and it’s much faster
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@ 91a5b259:102607a0
2024-09-04 17:23:04
But I can use my own mints, right?
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@ 91a5b259:102607a0
2024-09-04 17:21:57
I like the business model. We know “who will build the roads” in a keychat world.
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@ 91a5b259:102607a0
2024-09-04 17:19:27
Are users required to use the built in wallet?
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@ 91a5b259:102607a0
2024-09-04 17:10:49
How does a new user onboard some cashu sats?
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@ 91a5b259:102607a0
2024-09-04 16:53:31
SimpleX would say this better protects metadata privacy because there’s no ability to correlate from “account” (Alice’s one time sending address) to Alice’s ID. SimpleX doesn’t have the latter.
If I understand correctly, keychat also has 10 sending addresses for 10 friends, you just add the ability to correlate those 10 to an ID.
Just trying to understand.
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@ 91a5b259:102607a0
2024-09-04 12:56:23
Would you have Trump on your podcast?
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@ 91a5b259:102607a0
2024-09-03 20:03:58
Instead of large-following being the desired metric, to build from the bottom up we should target prolific note makers.
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@ 91a5b259:102607a0
2024-09-03 20:00:10
Should be developed asap, deployed when imminent.
I say that as not knowing at all if it’s trivial and just expensive or it’s non-trivial to implement.
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@ 91a5b259:102607a0
2024-09-03 19:57:40
Not worth the risk, instantly worthless.
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@ 91a5b259:102607a0
2024-09-03 18:24:11
Probably a fool’s errand.
If you follow the money and see the AI revolution coming, the only way to address this is turn everything off.
Without Snowden whistleblowing we wouldn’t know any of this was happening. And he didn’t have all the information at the time, much less now.
Call them out, raise the issue, do the things but seems like whack a mole at this point.