They don't; they rely on the server they are talking to.
The client itself knows it's addresses and a few other things but for everything else it's querying a server that gives it the info it needs / wants.

That is point of a lite client, it needs very little itself to operate, all the heavy data storage work is done elsewhere.

-Dave

Boring, let me know when the interest rates get back to the mid 2000s or late 1990s. You know when the economy was doing well and people just could not borrow money because they felt like with with no plan.

There is no such thing as free money and every time you see someone who complains about the interest rate going up you should only think of 3 things.

1) Some fat looser sitting in their moms basement who now has to borrow a few more dollars from mom since they don't have and can't get a job.
2) Someone living in a trailer living off the government dime.
3) People who started a business without a plan and have no idea how to run a business if they actually have to pay money to get money to run it.

Money is not free, and if you think the government, the fed or anyone else should give it to you for free then you are just a leach on society.

Yes, during things like the pandemic or an economic implosion like 2007/8 then cheap or free money is fine to keep the economy going. Before and after that, nope. Otherwise you just have a bunch of people who don't understand how money works who then cry that the government is mean and not giving them free money anymore.

-Dave

There is a lot of wiggle room here.
Consumer grade biometric things are not secure think cell phone, cheap fingerprint scanner for door access.
There are better ones that you can get for securing physical access to things but they get expensive quick (read $1000s and $1000s)

But, as a 2nd form of security for small amounts of crypto they are fine. You should not store any life altering amounts of money with just that as security.
The amount will vary person to person. What I care a lot about and consider life altering amounts of money is what Bill Gates would not waste his time looking for if he did not remember where he left it YMWV on the amount. But it's all the same in the end for using fingerprint or face recognition for security.

-Dave

Kind of makes you wonder. If you really want to make something like this would you be better off designing something that used a standard size PC case and chips that were mounted on cards that were then hooked up to industry standard liquid coolers.

Eliminating all the other crap, something like what Butterfly Labs promised with their monarch cards but with more up to date hardware. And not run by a company that cuts and runs with the money.

-Dave

Was thinking it would be interesting to get water from all over the US and if possible other countries and do the same test.
NYC has some of the cleanest water around
https://www.youtube.com/watch?v=xKgCzBgIGhs
https://www.youtube.com/watch?v=IDLkOWW0_xg

Getting some water from Texas may or may not dissolve the paper itself:
https://insideclimatenews.org/news/28092022/texas-is-now-the-nations-biggest-emitter-of-toxic-substances-into-streams-rivers-and-lakes/

But seriously, just the different minerals and

Revlar also now has a different 'softer' paper. https://www.relyco.com/products-by-category/synthetic-papers/revlar-soft.html
However, since it's $270 for the smallest box I am going to hold off on ordering until I can find a client to foot the bill for it.

-Dave

1) Just because they are pro-privacy today does not mean they will be pro-privacy tomorrow. Once you broadcast out there it's out there. Look into using TOR this way even if they can link addresses to wallets it can never come back to your IP.

2) In addition to nodes on RPi there are a few pre packed ones that run done as a VM. Don't know your computer knowledge so can't say if that would be easier or more difficult for for in terms of setup& running one.

Also, when you shut down your node and electrum server it's not just the node that resysncs it's the electrum sever that has to also fill in it's database after your node finishes syncing. As others have said, it's more PC speed (and RAM) dependent then download speed.

-Dave

<shrug>
Why can't it be both?

I can use Coinbase / Gemini and a host of others where I don't care if what I do is known about or anything else and I can use F2F or other forms of transactions where if I want to be a bit more private I can be.

Wait, I do that now.

If I am selling to pay bills / cover expenses then I can't just make money 'appear' [in theory I can but that is how you get tax audits and such] because if I put money into a fiat account and send to the car loan people there will be a trail.

Going out to dinner with a friend and I send him BTC to cover my 1/2 would be no different then handing him some cash out of my wallet.

I posted about it a while ago, that once you have any kind of anonymity lost it becomes harder and harder if not impossible to get it back.

At this point it's not something I worry about. AND as more places start to take BTC, if we want to use it in a commercial environment you will become less and less anonymous anyway. i.e. there is a liquor store in NYC that takes crypto but since it's an age controlled thing they scan your drivers license to have proof of age. I'm am obviously WELL over the drinking age but when I bought there still got my drivers license scanned. If I used BTC instead of my AMEX would I be anonymous?

If you are being legit, paying taxes and everything else there is no way to be anonymous.

-Dave

NO NO AND NO

There are 1000s and 1000s of cases (probably 100s of 1000s) of where foreign courts have ordered things and every court in every other county said nope not going to happen.
There is not a criminal case, and more importantly there is no international agreement of even how to handle crypto. Is it physical property (painting), is it a financial asset (bond) is it physical currency (gold coin) and so on. Stop being a BSV shill / believer and go back to your hole in the ground.

CW is just a scammer, and every time anybody posts thing supporting a scammer like him you are supporting him.

This will grind it's way through the courts and he will loose.

Don't go away mad, just go away.

-Dave

I guess the question is why have all the other accounts that have posted the malware not been banned?
Usually they get banned / nuked when they are posting things like that but users on the list that hosseinimr93 posted are all still here?

Or is it more the altcoin sections that bans for malware wallets are quick.

Reported to github. Looks like this is the new whack a mole.

-Dave

What @Charles-Tim said that address was emptied last month and never :

https://mempool.space/address/bc1q48eczk7lxwn4tcuzlxuxmwlkvp7l2qu5a0sm4q

Why do you think that address has funds? What wallet are you using that shows it has them?

-Dave

Let's all hang out with people who are more or less strangers and discuss our finances.
There are plenty of medium and large meetups: https://bitcointalk.org/index.php?board=86.0
BUT, smaller groups of people for the 1st time are a bit more difficult to get started.

I can meet user X to do a trade and possibly depending on the location and time grab a beer / dinner.

Getting 5 or 6 is a lot more difficult. I see it a lot with personalty clashes. I might like you and this person and that other one. BUT THAT other one, nah I have no desire to meet up with him, I'll pass on this meeting get me next time.

Happens all the time with the motorcycle club I ride with. Big meetings are OK, and there are a lot of us that hang out in groups of 2 or 3. But try to get 6 people to do something, very difficult.

-Dave

Same place that he gets everything else from, he makes it up as he goes.
Just comes and posts shit trying to get attention.
I do believe this says it all: https://bitcointalk.org/index.php?action=trust;u=2038954


Speak for yourself, I'm going to live forever.....or die trying.

-Dave

Drifting OT from crypto, but https://bitcointalk.org/index.php?topic=5373206.msg61584721#msg61584721
I can an do bash many of the things they do here in NY a lot of the time.

BUT, I will say the DMV process is still one of the better ones. Most likely because the faster they get you in and out the faster they get your money.
When I bought my last car I got my registration and my title before I got the paperwork in mail form the loan company.

Years ago a friend in FL bought a car from me. I drove the car down (overnight), met him at his house we ate lunch he dropped me off at the airport and went to the DMV. I made it though airport security (pre 9-11), got on the plane, flew from PBI to JFK and LANDED before he got out of the DMV. 4+ fucking hours later. THAT was a shit show.  It's supposed to be better now.

Anyway back to this, reading though more of the bill, it looks like it's allowing them to do it themselves and / or use any form of other payment gateway.
Will be interesting to see if it passes and what if anything municipalities will do. I am guessing it's just going to be 3rd party like they take credit cards, and for the larger institutions of NY that do credit card / check processing internally it's not going to happen since there would be more work / expense involved.

-Dave

Looks interesting, AND I LIKE THE IDEA but I think this is an answer in search of a question.
If you are running BTCPay you probably are doing more yourself then someone who is using another gateway to process their transactions.

Now, you are asking them to automate conversions using a 3rd party exchange. Where things CAN go wrong, KYC can be sprung on you and so on.

I would *think* that if I was doing something like this I would want to do my own exchanges. But, that is just me.

-Dave

If you are worried about crossing borders / going through security with BTC on your laptop or leaving it unattended someplace there are still a bunch of laptops with easily removable drives.

With the rugged ones from Dell and Panasonic and others you pop down a panel, push a tab and the drive and caddy come out. You can always get a 2nd one that you have a small drive in so the unit will work and boot with no issues.

-Dave

You can still get a $5 wrench, it's just not as good quality.
I still say that the BEST defense is not letting people know about your BTC holdings.
The 2nd best is having dummy wallets around. Leave some money on an mk 2 cold card, or an old trezor. Someone wants it, they can have it. The other wallet is someplace safe and secure. You need funds you take it out, move it to the wallet that is controlled by the other hardware and put it back. If I show up at your house to sell you an S19 there is no reason for me to know what you are really using as a HW wallet or how much BTC you really have. All I should see is what you want me to see. and that should not be a lot.

-Dave

Call them if you are US based

+1 (888) 908–7930

https://twitter.com/coinbase/status/918525711534538752?lang=en

If you are from another country they do have support lines elsewhere too, if not there are enough places out there to get a US SIM to call them.
As @The Sceptical Chymist pointed out they will close your account for some really odd things. Similar to him I had a checking account with a misspelling of my last name. Gemini sent me an email and CALLED. Coinbase suspended me until I jumped though hoops to get it fixed. I was going to just let it be, but I wanted to keep it open just in case.

-Dave

1) Do not use the default username / password
2) Keep it behind a firewall separate from the rest of your network. VLAN will also work.
3) Only use stock or well known firmware. Finding a post about a random bit of code that can generate 20% more profit is going to get your miner and possibly your network hijacked.

That should just about do it. Some people also say don't buy used you don't know what the old person did, but so long as you re-flash the miner to stock you should be fine.

-Dave

They do not charge a fee in NY. I am guessing with them trying to do as much as possible online that any costs associated with taking cards is more then covered by allowing them to operate 24/7. Thinking about it they can also probably get a much better credit card processing rate since to put it bluntly, they do know where you live and what you drive ;-)

Dispute a charge your vehicle registration and license both get suspended.

Use a stolen card, then you really don't want to get pulled over because you know that it's been flagged.

And so on.

So even if they go with the universally hated BitPay they don't even have to make you jump though the BitPay KYC since as said, they know where you live. And at the 1% rate that BP charges it's still probably less then even the best credit card rates.

-Dave

And so it begins....

https://twitter.com/TwitterDev/status/1621026986784337922


I guess Twitter really does not want people to use their service.
Slightly OT but how many projects came in existence because you could play around with the API for free and then turned into a real paid thing for the developers and a revenue stream for Twitter for the better API access.

Now, just to play around how many programmers are going to pay. My guess that unless it's a a paid project to develop things, not a lot.

-Dave