The internet gave the world access to free transfer of information
Bitcoin gives the world access to a universal savings account (with embedded property rights)
Communication, preservation of wealth. These are important tools.
@jevidon Making new supersonic jets, but also potentially (and somewhat accidentally) better turbines for natural gas generators that new data centers need for on site power gen
@btcjvs@rich07840 Presumably people also move it to exchanges and hit the sell button
“Whoa it seems like self custody might be over… is that bullish for price? lol, execute market sell order”
(An overreaction, but not entirely irrational)
@WillManidis Ken Griffin’s $240m purchase of the top four floors of the RAMSA supertall by central park helped make that building possible
But it’s just a boring sky condo (with tremendous views) compared to the opulence/impact of Gardner’s home
@TheStalwart A) Bitcoin is a 24/7 buyer of hashrate. Mining can be combined with a data center so long as rewards are higher than cost of power. AI tokens likely way more profitable today
B) if there’s buyers, asics will keep getting made. Will definitely ebb and flow
Reward may go up too
@kinetic_finance It can be seen as part of their broader economic strategy that can be highly adversarial to the West
US stock market (and retirement funds) riding high on AI. What if uhhh, an adversary were to pop this bubble/slow its momentum by releasing free versions?
Curious times
@CL207 Lots (most?) of the flat land near the Ferris wheel/Star ferry terminal is infilled land right? Elsewhere the mountain slope goes all the way to the water. Been making new land there for a while!
Proposals exist to do this with Manhattan too
@austincampbell The exit-espousers I’ve seen are primarily low income, net worth, and frankly skill. Most would be surprised to hear about both ongoing taxation and the exit tax as they are uninformed about such practical matters
We must see different groups
@BenJustman Forkers could buy wine too. Might have to start making white for them. May need a lower price point too if they find their economic energy lagging
@0x0B17C019 You can squeeze them in your hands and realize why these objects usually have nice chamfered edges instead of perfectly square corners that dig into your palms like needles
@BitPaine Im a user of the Q in part because its so easy to use as a signer. Made it trivially easy to bring my own entropy, whether from a different HWW, dice, or whatever
Entering passphrase on device, verifying full addresses on screen, etc
Great device. Tragic tho :(
@FractalEncrypt@denverbitcoin Yes
He’s referencing the possibility of bad entropy on your seed
The seed and passphrase are combined into the HMAC512 blender to get your private key
So you can use BEEF 12x as your seed, and still be safe if you have a sufficiently complex passphrase
@Juniormind1@coinjoined If victim bought on KYC exchange, they can price provenance
Instead of “here’s the keys to the compromised wallet”
It’s: here’s proof that my exchange account transferred to this address (at compromised wallet). Exchanges have relevant paper trails
@BTCTacoHodl Per this summary, if you did dice you’re good. The failure is downstream of using Coldcard to generate your entropy which isn’t the case when you roll dice
Ditto for passphrase if it’s strong enough, as that’s in addition to the seed
https://t.co/X769x6rMlS
@TheBTCTherapist There are some write up’s on X. TLDR the RNG fails due to a bug in the code, so the Coldcard combines UID with clock for entropy instead of erroring out.
Since UID and clock have limited values the end result is only keys generated from the combination of those values IIRC.
@brikk_@TheGuySwann Short answer is you verify it on a second device/software from a different vendor
Dice rolls on a Coldcard? Ok good. Now run that same sequence thru the https://t.co/82Lc8dWlHF seedtool… yep, same result, good to go
Fairly advanced tho
@SteveW928@bowtiedcrake@BitPaine Ok backup the seed phrase (??? Silly name), yep got it into my notes app in my iPhone, auto backs up to the cloud so I’ll never lose it
What’s the next step?