@MichaelRoerade @BTCJSON1 @Anthony16438428 No, I'd say there's a strict thread model difference:

1) Azteco/BATM: shop owner *may* record your face on security cameras, register the gift card id, connect the two (plus cash serial numbers in extreme cases) and pass the intelligence to the attacker: very low probab.;

... @MichaelRoerade @BTCJSON1 @Anthony16438428 ...

2) Bisq/Robosats: each individual seller learns for sure an identifiable fiat bank/fintech ID, which *may* be yours (or maybe of your relative/friend/client/local hobo, no strict check, you can use different ones), and he *may* record it and give it to the attacker;

...

@_joerodgers @mir_btc @GiorgiaMeloni Traditionally she comes from the "Social Right", which is the most statist part of the post-fascist (thus pretty much statist, even if at least anticommunist) Italian right. Her economic statism is still the same in absolute terms, but since every single other party and ... @_joerodgers @mir_btc @GiorgiaMeloni ... politician, globally but particularly in Italy, moved towards full communism in the last 30 years, she look almost mildly pro-free-market by comparison. Vocally pro-regulation, pro-spending, pro-deficit, pro-debt, thus implicitly pro-fiat, but almost "anti-tax" if compared...

Bitcoin is not dead nor dying: it's stronger than ever. Bitcoin Maximalism is not dead nor dying: it's stronger then ever.

But my thesis is that the average quality of article about "the Death of Bitcoin Maximalism" is slowly dying. Look at this increasingly cringe obituaries: First "antima" wave (2018/2019):

April 2018:
truthcoin.info/blog/bitcoin-p…
June 2018:
news.bitcoin.com/how-to-fight-c…
October 2018:
hackernoon.com/post-bitcoin-m…
November 2018:
uglyoldgoat.com/blog/the-death…
February 2019:
newsbtc.com/news/why-this-…

Most long-term Blbitcoiners are too tired to engage with this bullshit again, but for the one of you new around here: "PoS" is logically broken (specifically: circular), as explained to Wei Dai in 1998 and as definitely crystalized by Andrew Poelstra here:
diyhpl.us/~bryan/papers2… Specifically: a method to vote about the current transactional chronology which uses as a weight the current transactional chronology has literally "nothing at stake": it can only work assuming centralized checkpoints, either in code or in social circles ("weak subjectivity").

Hey @pete_rizzo_, I blocked by the OP from responding on your thread where you discuss "maximalism" @MrHodl, but as a self-identifying "maxi" I'd deny it's about finding moral issues in people trading shitcoins or in shitcoiners improving shitcoins. I wouldn't find any. Specifically:
1) I think people buying any kind of shit if they think the relative price will go up (or viceversa) are honest market actors helping price discovery. Considering shitcoins behave as leveraged bitcoin derivatives, I think trading them can be *risky*, not immoral.
..

0/n
Politicians, normies and MSM-pundits call #Bitcoin "Virtual Money", but it is actually the VERY OPPOSITE of that!

Bitcoin is really a huge step in the process of (RE-)DE-VIRTUALIZATION of Money!

The process of money virtualization had already started very long ago.
👇🧵 1/n
The first step of money virtualization was COINAGE. Money was still a physical token, but its market value was often driven by INFORMATION printed on it, more then by metal content (especially when political power mandated that, or when people didn't independently verify).
👇

1/15

Not sure who could find this interesting, but since some people asked me about it, here's a very quick thread about my "complicated relationship status" with the Swiss Confederation, in light of recent events.

👇🧵🇨🇭

... 2/15

I moved to (Italian) Switzerland from Milan with my family in 2016. Back then I considered the Confederation as a dream of market freedom, power decentralization, institutional competition, property right protection. In 2018 my family moved back to Milan, but I stayed.

...

For #Bitcoin newbies:

💸Energy consumption by the network does NOT depend on the NUMBER of transactions!

📈Energy consumption is a COST for miners: they will always try to REDUCE it increasing efficiency!

🪙 Keynesian monetary policies cause POLLUTION: hard money FIXES that! A couple more (advanced):

⛏️There CANNOT be, even in theory, anything "cheaper" than Proof of Work, for the same amount of SECURITY!

⚡️Every COST is ultimately paid in consumption of free ENERGY from environment, there really aren't alternatives (only inefficient deviations).

@btkicio @umbertoravizza Ok, quick thread here.

1/n
There are 2 different issues in Bitcoin: privacy & censorship-resistance (connected but not the same). The former is about attackers not being able to cheaply spy on you. The latter about attackers not being able to prevent you from spending sats.
... @btkicio @umbertoravizza ...
2/n
The connection is due to the fact that intelligence about you can be used to hurt you in retaliation for your transactions (including the one to your future self: saving/hodling). This threat is just a fear-based kind of censorship. But let's just consider the latter.
...

1/10
Ok, everybody had some fun hating on @Ledger for the leak. Sure, they were sloppy, & it's good that many new (& some old) users are (re)discovering the importance of privacy in #Bitcoin (here's my 2-part article about this fundamental topic: bitcoinmagazine.com/articles/a-tre…). 2/10
Still, I see 2 (opposite) kinds of weird take circulating about the lessons learned. The first kind consists of people minimizing the security risks involved in having your personal identity & addressed publicly associated with some #Bitcoin possession. Their argument goes:

1/5

Hard Times create Strong Tools.

The invention of TCP/IP, with its fundamentally decentralized and censorship-resistant design, was at least partially driven by the adversarial mood of the Cold War and the nuclear scare. 2/5

Strong Tools create Good Times.

The general optimistic mood of the turn of the century, when people were celebrating the "end of history" and the "dot com revolution", was at least partially driven by the success of the Internet in connecting the world.

For your delight: (yet another🥱) #covid19 thread
(yay!😩)

1/n
I'll try, for once, to post a few tweets that are as politically & ethically neutral as possible (but I still think fascists suck!) and only deal with *NUMBERS* (thanks @andhans_jail for the gif). 2/n
For some reason, most of my Twitter timeline seems now full of a weird version of "Price Technical Analysis", taking random data-points, projecting lines (often curve, sometimes ECCCCHXPONENTIAAAAAL!!!!), extrapolating magical functions, predicting trends, etc.

@Decentraliz3d @Geo_Front @andreneves Wrong. We can coordinate orders of magnitude betters w/o governments. @Decentraliz3d @Geo_Front @andreneves 1/n
In this crisis, state intervention:
- made the healthcare of most health-regulated countries less efficient, less flexible, more corrupt;
- made diseases easier to spread by forced mass-schooling almost everywhere, and distorted incentives to avoid private cars in favor ...

1/n THREAD👇👇👇

Ok, it's time for a long (& quite educational) tweetstorm about my experience with the #LNTrustChain2 (y'all know what that is: the 2nd edition of the very cool Lightning Network experiment launched some time ago by @hodlonaut). This is what happened to me.

... 2/n

I lost all the #sat I got. My judgment got clouded somehow and my payee is no longer active. So now not only are my sat intrinsically worthless; they have no market value either. I knew passing the torch was a bad idea, I just never realized it was this bad!😔

THE END (n=2)

"Justice being taken away, then, what are kingdoms but great robberies? For what are robberies themselves, but little kingdoms? The band itself is made up of men; it is ruled by the authority of a prince, it is knit together by the pact of the confederacy; the booty is divided... ...by the law agreed on. If, by the admittance of abandoned men, this evil increases to such a degree that it holds places, fixes abodes, takes possession of cities, and subdues peoples, it assumes the more plainly the name of a kingdom, because the reality is now manifestly...

Lol. The inner beauty of SJW-ism is how self-defeating it is in the long run. Many feminists want to force female quotas in every social event, but many gender-apologists want to force everybody to consider as female any male who feels such, but many gay-apologists want to... ...force everybody to admit that the romantic love of a male for another male is somehow superior & thus something to be proud of, but many islam-apologists want to kill homosexuals, but many anti-religion militants want to ban religions (including Islam, I guess), but new-age...

This is the battle of our lifetime. #No2X was just a friendly picnic compared to this. GO LNP/BP!!!

https://twitter.com/theonevortex/status/1149291446073040896

If we lose, let's remember that truth is NOT a democracy!!! And Twitter is not Sybil-resistant anyway!!!
But, if we win, than THERE IS CONSENSUS, and Bitcoin Twitter (which is the true Bitcoin decision layer) has spoken!!!

This is very well written, but I think it's an obvious fallacy: if Eric can figure it out, regulators can as well. When it's relevant enough to threaten monetary policies & financial surveillance, they will just close the loophole. Remember: they took 13 YEARS to shut down Egold!

https://twitter.com/ercwl/status/1141814943089602560

E-gold launched in 1996, leveraging smart loopholes. After 13 years of activity, in 2009, when it was actually relevant, they shut it down and put its creator in jail. The fallacy is thinking that regulators are bounded to their current rulings. Read this:
en.m.wikipedia.org/wiki/E-gold

This "transparent Bitcoin" narrative is retarded beyond belief. "Hard" money simply CANNOT work if it's not "dark" money as well. If the state wants to tax via inflation, it will ban "hard" alternative, just as w/ physical gold & e-gold. Bitcoin can be "hard" because it's "dark". If it wasn't, it would be useless. Sentences like "cash fiat will be banned to protect negative interest rates, so you will not be able to buy bitcoin w/ cash", overlook the fact that the SAME political agenda will push to ban bitcoin to protect negative interest rates".

I love @rusty_twit, but I'm (still?) seriously unconvinced by his arguments about long term security concerns. Thread:

https://twitter.com/rusty_twit/status/1133482122159640577

1) Let's start w/ timing. It's noteworthy that block subsidy is NOT necessarily going to reduce in purchasing power terms! The halving process influences nominal values in sats, not in actual purchasing power. Block subsidy may even very well INCREASE in purchasing power terms!

Let's start a chain. I left Bitcoin mostly because @Excellion turned my wife into a hat model, and now I'm always alone while she is parading on hat catwalks around the world. #ReasonsYouLeftBitcoin

https://twitter.com/Excellion/status/1131596272903737345

https://twitter.com/BuzzLightyearz_/status/1131603128896380928?s=19