dba.monster

Universal unhosted wallet access advocate. Meat maximalist.

Migrated to Nostr. Find me there. This website sucks now.

[dba.monster @dbamonster]

@jetpen @LynAldenContact You can no longer create an account here with VPS or Tor.

Which guarantees that no genuine whistleblower is going to be here. Only distractions and propaganda.

[dba.monster @dbamonster]

@DelcinMaria He said this in a recent interview/podcast. It's on YouTube. Very good. Recommend.

[dba.monster @dbamonster]

@secsovereign @rektsorekt @nic_carter It is called slop.

[Bugle.News 📯 @bitcoin_bugle]

Nayib Bukele Announces Sweeping Arrests Of Suspected Members Of $58K Gang To Combat Growing Bearishness In El Salvador

[dba.monster @dbamonster]

@rastapopulas @ThatsAarthi This phenomenon is described here.

https://t.co/bGCfOIAkmZ

[Andrew @andy_surfie]

@DrewPavlou Ronaldo R9 is the greatest.

[dba.monster @dbamonster]

Chocolate sausage roll.

[dba.monster @dbamonster]

@Digvijay_BTC @DelcinMaria 1-click backup is an app interface problem. You can contribute or donate to the Phoenix project (or any of the other LN projects).

And this is unrelated to the existence of seed phrases.

[dba.monster @dbamonster]

@DelcinMaria It is generally better to be cautious with fixing with code, what is a real world problem.

Reversibility is a real world contract problem (accidental payments aside).

[dba.monster @dbamonster]

@DelcinMaria Yes, it's a work around. I am sure someone will figure out reversibility in the future.

But reversibility or the lack of it, is not make-or-break for Bitcoin.

Ultimately reversibility will be used in the application layer (L2/L3) for most users.

[dba.monster @dbamonster]

@Digvijay_BTC @DelcinMaria No one cares about iPhone moment for Bitcoin.

I want my money protocol to last forever. It has to outlive entire corporations (Apple) let alone a product line (iPhone).

Even seed oil had its moment. I don't care about moments.

[dba.monster @dbamonster]

@Digvijay_BTC @DelcinMaria If billions will never be able to own a utxo anyway, how does seed backup hold anything back.

Billions can install and use one of the many LN wallets freely available online. Back up the node and channel.

[dba.monster @dbamonster]

@Digvijay_BTC @DelcinMaria Are you trying to imply that Phoenix etc are not good enough?

[dba.monster @dbamonster]

@Digvijay_BTC @DelcinMaria Existence of seed phrases has nothing to do with any of this.

In the near future, people will still be able own utxos at low dollar value. For that purpose, seed phrases are fine. They're not holding anything or anyone back.

[dba.monster @dbamonster]

@Digvijay_BTC @DelcinMaria That is the point. How are seed phrases holding back wallet adoption? It is a nonsensical thing to say.

[dba.monster @dbamonster]

@DelcinMaria More features = more broken shit.

[dba.monster @dbamonster]

@DelcinMaria This convenience is certainly not a valid reason to want reversibility on chain.

Don't pay on chain if you don't trust the other party.

[dba.monster @dbamonster]

@Digvijay_BTC @DelcinMaria Cold storage is only a problem if you've been lucky to accumulate enough. For most of the 8B, it is not required.

But even if someone only has $500 worth, pen/paper still works and costs practically nothing.

[dba.monster @dbamonster]

@Digvijay_BTC @DelcinMaria Cold storage is stuff you don't spend until you need it. Your savings.

For spending, wallets exist. Heaps of them.

I said cold storage on a device can't be trusted. Should've been more specific and said "backup of cold storage".

But certainly not 'anything'.

[dba.monster @dbamonster]

@Digvijay_BTC @DelcinMaria You don't need to cold store your phone/live/spending wallet.

You don't use cold storage to buy apple.

This is not hard to understand.

You've either not given it much thought or you're a scammer.

[dba.monster @dbamonster]

@DelcinMaria @Digvijay_BTC Any improvement has to be physical pen/paper type or even colder storage. Nothing on a device will be trusted beyond a point.