selim ∞/21e6

#bitcoin - learning to write, writing to solve.

[selim ∞/21e6 @selimcyavuz]

I just showed my friend how to restore a wallet with seed phrases using @bluewalletio and he was really impressed.

Teach your friends how to send, receive transactions. Tell them they can create unlimited amount of wallets and have full control over their money.

All for free.

[Atlas Phoenix BTC @AtlasPhoenixBTC]

Re: Cold Card Hack

Hello fellow Bitcoiners,

It’s been nearly one week since my wallet was drained.

I lost my entire bitcoin stack, presumably the most in the entire attack - an amount I’m more than embarrassed and ashamed to even admit publicly. This was not only my life savings but my time, energy, hardcore conviction and identity after 13 years in this space.

I am posting pseudonymously as I’ve always preferred to stay out of the spotlight - and privacy (inspired by Satoshi) is something I value. I debated whether or not I should say anything at all, but after much deliberation I decided it may be beneficial for other victims who are struggling.

While this incident certainly forced upon me the darkest days of my life so far - I have now accepted it and will slowly put together my life again. I came from nothing and did everything right (except rolling the damn dice apparently 😅). I stayed away from trading, exchanges, shitcoins, ICOs, NFTs, false prophets, etc and quietly and consistently built up over the years through all the ups and downs - never spending frivolously on material goods but instead using bitcoin as my sense of freedom and security - with the hopes to pass it on to my future children.

Even though that peace, freedom and security is now gone - I am beyond grateful for the journey and life that bitcoin enabled me to have.

To all the other victims, as cliche as it is to say “it’s only money” - true wealth, as I’ve learned over and over again is in health, family, and friendships. I’d be lying if I told you I’m not afraid of the uncertainty ahead, but I know by taking one step at a time it will be possible to rebuild. Trust me if I can come to these realizations, you can too! The hardest challenges in life make us stronger and turn us into the best versions of ourselves - don’t give in to the hopelessness. By being in this community you are apart of something special that the majority of the world still hasn’t realized yet. It’s still early!

Thanks to all the wonderful people in the community I’ve been DMing over the past week - your kind words of support mean the world to me and helped me start to believe in myself again.

To the hacker: you still can do the right thing here and come clean - you have prompted a serious wake-up call that has brought the community together which will bring more resilience for the future. Doing the noble thing now will prevent a lifelong hunt.

To all the amazing bitcoiners who have jumped to action from the very beginning to support each other and mitigate further damage - it’s been a beautiful thing to watch.

To the @blocks team and especially @intangiblecoins, your efforts are inspiring and provide me with hope. Believe me when I say that IF I ever get my coins back you will all be taken care of very well, along with massive donations to the open source community.

For now I will withhold any judgement towards @nvk and the @Coinkite team - while I’m still processing this loss and dealing with the gravity of building my life up from the ruins - I have 0 anger or resentment. Bitcoin security is a tough job, mistakes are made, and lessons are learned by all. I made mistakes by trusting and not verifying as well as not having a more robust security solution so the responsibility must be shared, hindsight is 20/20 and even though it’s tough: I’m okay admitting that. Bitcoin humbles all.

Having said all that… I’M NOT FUCKING LEAVING!!! I will start building a new stack from the ground up like all the other plebs as my conviction in Bitcoin is even stronger today then when I got my first coins in 2013.

This was never about the money - it was always about the revolution, and that can’t be stopped. We will win.

Let’s keep our heads high.
The march continues.
It’s time to rebuild.

PS: Thanks for everything Satoshi ❤️

-M

[jack @jack]

bitcoin is not crypto

[selim ∞/21e6 @selimcyavuz]

@w_s_bitcoin @CedYoungelman Do you have a different take on your thoughts about the S curve with the inverse hyperbolic tangent model, now that a full cycle has been through since?

[selim ∞/21e6 @selimcyavuz]

Some math:

Range of inverse hyperbolic tangent:
(-∞, ∞)

(inception of bitcoin, end of fiat)

(any bitcoin amount wasn’t enough to buy dollars, any dollar amount won’t be enough to buy bitcoin)

[halfin @halfin]

Running bitcoin

[Erik Cason @Erikcason]

1/ Over the last decade that I have been involved with Bitcoin, much of my thinking about it and what it is has changed and evolved dramatically.

Today I believe that Bitcoin is the most monumental event in the last two millennia of human history,

Here is why:

[selim ∞/21e6 @selimcyavuz]

@NeilJacobs Bitcoin (being accurate all the time, obeying the laws of science, and with no leak in the system) was there first with significant adoption and infrastructure.

Just like there is no second mathematics, anything outside of bitcoin that aims to be money is actually irrelevant.

[Shinobi @brian_trollz]

“So, in the interests of survival, they trained themselves to be agreeing machines instead of thinking machines. All their minds had to do was to discover what other people were thinking, and then they thought that, too.”

[Daily Dose of Philosophy @PhilosophyDose_]

"A bird in a cage is safe but God didn't create birds for that."

- Paulo Coelho

[An0maly @LegendaryEnergy]

This aged well https://t.co/CIXUesywfQ

[FRANCIS ⚜️ BULLBITCOIN.COM @francispouliot_]

The precise moment @jordanbpeterson's mind was blown by Bitcoin mining @saifedean

[selim ∞/21e6 @selimcyavuz]

@JohnXReed Settings and privacy —> content preferences —> muted —> muted words

[selim ∞/21e6 @selimcyavuz]

@efecini @1971Bubble @ilginelcora @alicanvergin Love to see it. We need more of these in Turkey!

[selim ∞/21e6 @selimcyavuz]

@BlueCollarBTC21 Also deflationary vs inflationary system will incentivize people to focus on their interests rather than being a constant competitor. Solves a lot of problems in the long term.

[selim ∞/21e6 @selimcyavuz]

@godlovesrobots And it’s not often you get to realize that most people are too distracted to believe how fast it’s actually happening

[Luke Rudkowski @Lukewearechange]

From CEO of Telegram, very powerful words that deserve to be read.

[selim ∞/21e6 @selimcyavuz]

@lisafriedrich_ It seems like people who question and are good with abstract concepts tend to grasp the idea of #bitcoin. I believe ‘N’s are intuitive while ‘S’s tend to rely on senses

[selim ∞/21e6 @selimcyavuz]

@newdadbitcoin @BitcoinCarl_ While the fiat is collapsing and the price of everything is going up nonstop, I’d recommend waiting for the post-hyperbitcoinization time :)

[selim ∞/21e6 @selimcyavuz]

@nvcoelho @bluewalletio Also no more mining fee manipulation by china

[selim ∞/21e6 @selimcyavuz]

@1971Bubble Fractioning works well for the authorities. Covid has different levels in each country, so they can have easier control over their own territory with their own narratives. Same story played out with radio when it came out, except it was within the countries. In short = control.