I have a friend I've tried orange-pilling before, bit he wasn't ready, so I didn't insist.
However, he seems more interested now.
His Bitcoin experience is limited to buying a small amount of corn on Binance and forgetting about it for a few years. About 2 years ago he told me the phone he had Binance on was broken, he had moved to a new phone and asked me if I could help him regain access to his account (for which he couldn't remember his password) so he could sell it.
That was a facepalm / blood curdling moment for me, even though I didn't show it. I was at the stage of self-custodying my corn in cold storage, with the seed phrase engraved on steel plates and a passphrase, and here he is, losing access to his Binance IOUs he believes to be bitcoin just because he can't remember his password...
Now, he mostly sees Bitcoin as a way to get rich. That's understandable, but I'd like to show him that Bitcoin is much more than that.
He is 'awake' to the fact the current system is broken and is a bit of a conspiracy theorist, perhaps too indiscriminately and without enough critical thinking.
I have a technical background and am fascinated by how Bitcoin works, the blockchain, mining, signatures, the UTXO model etc. But I don't want to overwhelm him with all that just yet.
He doesn't even use a desktop or laptop, only a smartphone. And I'm afraid self-custody is something he's not ready for yet.
I was thinking I could start with LN. He could install WoS and I'd show him some cool, practical stuff, like send him some sats using QR codes, using amounts small enough that even if he loses it all it won't matter. To show him the use cases and simplicity before getting into the theory.
(FYI I'm running a full Bitcoin node and Electrs, but not a lightning node, so can't be an LN Uncle Jim)
What do you guys think? Can you suggest other concepts that are good for the first few lessons, or content, like articles or video, preferably ones that don't require a long attention span? I have a lot I'd happily share with him, buy it's too much for his (for now) moderate level of interest and willingness to engage.
You could choose Bitkit, Mutiny or Blixt. These wallets are similar to Phoenix, but allow you to connect to any LSP/node.
Muun <<
https://www.zapread.com/i/-8L
Hi Anita.
First of all I really like what you are doing!!
How can I take part or support your projects in Africa? I think I can’t support you financially but I’m motivated to help in any other way. Is there anything that comes into your mind?
You're thinking about it in terms of "a relay" and that's not what nostr is. It's many, and the notes and profile information is distributed across them. If someone wants to see the notes of an npub, they ask all the relays they are connected to. Gossip model stuff pushes the search out further too. One relay taking something down should have no affect.
If you have suggestions to building nostr the way you prefer a distributed protocol to be, you may want to post those here: https://github.com/nostr-protocol/nips
while I see the point and for sure also think that we need to use known language I very much agree with @kr and I dislike paying.
Just because a transfer of value is involved I don't think it is a "payment" It should not feel like a payment and not like the typical payment (buyer vs. seller) relationship.
I want to support an artist, I want to upvote a comment, I want to say thank you, ...
"boost" seems to be neutral, universal, positive to me... and it's picking up.
(funnily enough just today: I had started the conversation in Alby to change "send sats" to "boost" when Alby detects some tipping details on Twitter, YouTube, etc. - should we? )
Looks targeted at being a Validating Lightning Signer device:
https://gitlab.com/lightning-signer/docs/-/wikis/Design/Embedded%20Device%20Requirements
WTF?! I tried to read almost all comments from top posts and after I refreshed the page, now I see that the top 20 posts have even more "unread" comments !
OMG SN is on fire today, can't keep up with reading all.
Nice! Reminded me of this post I read a while back on why Bitcoin is Galt's Gulch
https://thomashepner.net/posts/galts-gulch
Howdy partners! Just HODLing onto my hat here. Just hit 70 days!
https://m.stacker.news/5133
Some issues with certain P2P exchanges:
Now that blocks are full every time an the time,
LocalCoinSwap - They now use a static bitcoin address per account. To get financial privacy where all your transactions are not easily identified through chain analysis, creating a new account for each trade is possible, just not really manageable. There is no Replace By Fee (RBF), though you can adjust the slder to adjust the fees.
Noones - Haven't tried it. They have geofenced the U.S.A. They ID require verification. To me, it was no loss when LocalBitcoins, and then Paxful shut down -- as I don't use Verification mandatory exchanges, ... P2P or otherwise. It does support LN though, so it will likely gain some
RoboSats - mobile app is deemed "alpha" yet.
Many of them are fairly decent, but have too little liquidity (e.g., HodlHodl). Makes it hard to find a counterparty.
I could go on.
Thanks for doing the AMA, Alex! Love your writing and appreciate the work you do.
Curious about your take on KYC and anti money laundering regulations and their role in preventing corruption (or at least making it more difficult to use the proceeds). In your human rights work, do you ever see a case for it, or do you see it as a largely ineffective and harmful endeavour?
Controversial topic in the Bitcoin space, but there are a lot of earnest people who really believe in the benefits (and probably see Bitcoin as an impediment).
I'm doing a video tutorial in Spanish about creating and using Electrum wallet on Tails (is a portable operating system that protects against surveillance and censorship.)
Bitcoin is a lifelong friend
Blocks every 10, until the end
It doesn't break nor does it bend
Just sign a transaction and hit send
Woke up with a headache, which does not bode well. I will probably work half a day and relax the rest of the day. Get a full night of rest, maybe sleep in tomorrow.
Silent.Link works globally... whenever there's coverage
https://www.zapread.com/i/9BS
Day 82 of snailposting everyday 'til BTC hits $100k.
__@_'-'
https://nostr.build/i/nostr.build_2cdc388b75d212e1d688bb239513deb3bda599fde3a33496ed29f55d41f506ba.jpg
I find your takes on this situation kind of strange to be honest. I've spent quite a bit of time in BD and Dhaka and have lots of friends and contacts there who, to a person, have been very happy with the recent developments, esp. the selection of Yunus as interim leader. This includes people who were Hasina supporters in the past.
I just find it strange how big the delta is between what you have been posting about and what my friends in Bangladesh have expressed.
I don't have strong opinions on this myself, but was happy when I saw the news about Yunus because I know how widely respected he is there.
This one -- announced a long time ago, but takes a long time to do a book to an academic standard put out by an academic press. They're being super rigorous about it, which I love.