Bitcoins going down and I don't think I'd put any money in to Bitcoin right now. Instead I would put all in ETH, ADA and Matic this is how I survive in this red. will see you later once I feel positive about BTC.

I kind of miss Roach, he would at least stir things a bit every now and then.
Wonder what side he would have taken, he hated both jews, arabs and muslims, (and most women).

Of corse we all want that unfortunately it will not happen, this conflict has been going on for centuries and will continue for years ore even decades to come, in fact they battle eachother in times way before Jezus was alife.

The nationalists Jews wants to settle a long term score to eradicate all the hard-line Palestinian Arab nationalists from the area to make room for ''Greater Isreal'' while the non-nationalists from both camps wants to live together peacefully sharing both the holy lands, the normal people will suffer as always.

They already made peace deals with former enemy (muslim) countries so don't expect support besides minor muscletalk from Egypt, they recieve fundings and missiles from Iran but Iran is Shias and this brings other conflict in the mix between Shias and Sunnis, it's just basiclly a major shithole.

It feels like 56k modems should appear in WO again, and soon... 

... it all depends on what Zuckerberg does with his goats I'm guessing, it's a kind of too-clever-by-a-half cryptic message?

... like what if he is a goatzucker?


... does he go Max all-in Bitcoin? ride it like a maniac while screaming Gemini-Winklevi!?

OT: So this is just how fucked up inflation has gotten.

In 2000 if you had taken your life savings and kept it in $USD fiat, you would now have lost ~37% of your purchasing power.
https://www.in2013dollars.com/us/inflation/2000?amount=1

So if you had $1M of paper money in 2000, it would today only buy $630,000 worth of goods.

Ironically if instead of dollars you had put it all into $1M of pre-1983 pennies, you would now be up 6.78X your money.

So if in 2000 you had instead dumped $1M into pure copper pennies (or bars), you would now have $6.78M, and roughly ~$4.27M worth of purchasing power.

Even fkn lowly copper has trounced fiat.

You forgot lake buyers. The worst kind.

Bitcorn is a ponzi.  Only losers are getting in on these tulips.

This is too invasive a question.

My god, no
There is that app called FamilyLink, i'd recognize it if he'd be using that calculator app on his phone.
He would fail at the basics, constructing correct input values. I refuse so much to think as an "Idiot" about him, this is how kids were seen when i was that young.
I would be glad to find the key to his door that blocks him from using his brain efficiently, while i can not name anything he has like "talent".
He is quite a daydreamer, he's reading all the time, but he is not a good writer at all.
Sometimes i think about the possibility that he subconsciously doesn't want to become adult, for whatever reason. Once he said to me that he doesn't want to become a teenager and that he will hate puberty.
We're not the kind of parents that try to break him, just to make him obey to the (mostly stupid) rules of this particular society. We were both raised that way and because of this we broke out of it, so fuck that. The main concern is that we will have to see him struggling with the school/work/life system for years to come, before he will hopefully develop his yet undiscovered strength(s).

If civilisation is built upon involuntary extortion...it's not really civilised is it?

Bro, dude, ... metal wallet. or engrave in stone. or something along those lines.

Take a look here: https://jlopp.github.io/metal-bitcoin-storage-reviews/

Or DIY it from some stainless steel flat plate. Stamp. Etch. Up to you. I'm going to try etching.

"Biden to sell historic spending plans in speech to Congress"
https://www.bbc.co.uk/news/world-us-canada-56910884

I'm confused with the reporting here, is it $6 trillion or $7.5 trillion in total?

Eye watering figures.  


I was just trying to imagine how much a trillion dollars actually is. This video helped.
I thought for a minute, no it's not the last one, it's the one a few steps back. But no, it IS the last one. And that is only ONE trillion dollars.

https://www.youtube.com/watch?v=aKrFFFpYgkU&ab_channel=AnimatedStuff

It took 10 years of interest from techies, traders, those interested in finance and now normies to invest savings and time for Bitcoin to reach that total marketcap figure.
Biden throws it around like it's nothing.

Using phrases from books as your seed phrase seems obviously insecure. Even if you use a further encryption method of your own design.

What about passphrases, though? Let's say you have your seed properly generated & stored in a secure manner. How much additional security would a six word phrase from a book provide? What about six words, picked from one book, using a method of your own design? How would the entropy generated this way compare with the entropy of six randomly generated words (such as throwing dice & picking words from the diceware list)?

Random six word passphrases are generally recommended as secure enough. Their downside is that while they are much easier to remember than secure strings of alphanumberic + symbols, they are still hard to remember, especially if you use more than a few. When using a method to generate 6 words from books, you just have to remember the method and which books you used. Is it comparably secure to storing your passphrases in a password manager or on paper in a hidden location?

This way, your wallet has 3 layers of protection: your seed phrase, your passphrase generation method and the knowledge of which particular print of a book to use. At this point I believe your biggest risk of loss is clearly yourself & the multiple points of failure you have set up

That's a pretty stupid article: They have till November and my guess is it's an ass ton of paperwork. But let the Govt shut them down, I'm sure that will instantly drop the number of S. Koreans who want to hold Bitcoin to absolute zero. No, they won't get it elsewhere, their government knows so much better.

There will just be a bigger "won premium" as who would want a currency like the S. Korean Won.

$5 bucks says N. Korea will open a wall of bitcoin ATMs on the border in November  Just to fuck with them.

Yes, they will.  So don’t do it.

No, it is not “good enough protection for regular folk”.  Not when in the real world—not in theory, but in practice—there are blackhats doing a batch offline attacks using any text corpus you can think of.

In a roundabout way, you have reïnvented your own version of the brainwallet.  I snipped the part that you said about number stations, because it’s irrelevant:  You are introduced your scheme by discussing some spy stuff that often relied on secure randomness, then discarded secure randomness.  Don’t do this.


One-time pad = secure randomness, by definition.  (And if it doesn’t use secure randomness, it is not a one-time pad!  Also, by the way, in modern cryptography, “one-time pad” is often a red flag for snakeoil; a one-time pad is itself secure, but the term is so abused by ignorant fools that it has become a mostly reliable marker for a high probability of bad crypto.  A one-time pad and its information-theoretic security proof are altogether totally irrelevant to Bitcoin wallets, so I will further ignore this.)

“Simply a book” may have been adequately secure for some uses 50 or 60 years ago.  Not today, when a computer can easily grind through trillions of phrases guessed from a text corpus.

Please do realize that cryptography has changed.  In the WWII era, and for most of the Cold War era, the very best ciphers would be laughably insecure by today’s standards.  Accordingly, cryptanalysis was different.  In real-world use by militaries, the use of cryptography was quite often only to slow down the cryptanalysts for long enough that a message would be irrelevant:  A general doesn’t care if his “ATTACK AT DAWN” message is cracked after the dawn attack has already occurred.

To give you a quick gut-shot feeling for how much cryptography has changed, without getting too technical:  Cryptanalysis departments used to employ teams of experts in (human) languages, to assist with estimation of word frequencies and letter frequencies in the plaintext.  They don’t do that anymore—not the same way as they used to; not nearly—because modern ciphers output ciphertext that is indistinguishable from randomness for a computationally bounded attacker.  If the type of probabilistic cryptanalysis used decades ago could shave even 1 bit off the security margin of a cipher like AES or Chacha20, then the cipher would be declared to be badly broken!  Alan Turing could drawn up his “Eines List”, way back when—nowadays, that type of analysis is generally unhelpful.

Anyway, I hope you get my point:  There was a time when for certain uses, if you understood the threat model very well, then maybe you could use some phrase from a printed book as a secret key.  That is completely inapplicable to Bitcoin wallets.  Using a phrase from a book as a Bitcoin brainwallet is a most excellent way to run a high risk of getting your money stolen; and advising others to do so is a way to make them risk getting their money stolen.  Don’t do that!

P.S., if you still believe in your scheme, then please suggest it in the technical forum where you will be promptly roasted to a crisp.  I don’t have so much time to pick apart insecure brainwallet schemes anymore; I wasted too much time on that, for years.