Hi all, This is my first post on here - woohoo! My name is Bailey, a 25-year-old Bitcoin Enthusiast since 2015. I am the founder of mrsatoshi.com, bitbyte.news, and thebitcoinlegacyproject.orgAt the beginning of this month, I announced my upcoming book Orange Pill'd - An anthology of 250 individual Orange Pill'd stories from fellow Bitcoiners in 72 different countries. Here is a short rundown of what the book is about:
"Orange Pill'd is a captivating exploration of the human experience in the digital age. It is a powerful anthology that brings together 250 Orange Pilled stories from Bitcoiners around the world, revealing the transformative impact of the world's most revolutionary digital currency, Bitcoin.
From tales of financial freedom and empowerment to accounts of challenges and personal growth, Orange Pill'd takes you on a journey through the lives of individuals who have been forever changed by their encounters with Bitcoin. Each story is presented on a single page, accompanied by a hand-drawn illustration that adds an intimate, diary-like feel to the collection.
Discover how Bitcoin has sparked a global movement, uniting people from diverse backgrounds and experiences in their quest for a more decentralized, transparent, and equitable financial system. With a mix of inspiring, heartwarming, and thought-provoking stories, Orange Pill'd offers a unique window into the hearts and minds of those who have dared to embrace the promise of a better future.
Whether you are a seasoned Bitcoin enthusiast or a complete beginner, Orange Pill'd invites you to delve into the personal narratives that define this groundbreaking movement and to share in the triumphs, challenges, and dreams of those who have been Orange Pill'd."I am really excited for this book and hope you find it interesting! You can learn more about my book & pre-order it too at orangepilldbook.com - you get a 30% discount for pre-ordering & can obviously pay with BTC & LightningAdditionally, here is a free 28-page sample of the book for you.
https://publuu.com/flip-book/138614/352040/page/1 The book comes out on July 31 on Amazon, Kindle, and Barnes & Nobles. I would love any feedback or commentary on your thoughts, and I am also happy to answer any questions you may have  If you want to connect on Twitter - I am always eager to follow more Bitcoiners. twitter.com/baileyjakob1Thanks all & keep stacking!
Hey there, will try to read the sample you put up within this week if I manage to. Did you know there is a recent release of a book called "Bitcoin: die orange Pille" (almost the same title like your book: "Bitcoin: the orange pill") from German author and book critic Ijoma Mangold. See: https://www.amazon.de/Die-orange-Pille-Warum-Bitcoin-ebook/dp/B09XY5ZRMLAre you from the US and were you aware of this very similar named book on Bitcoin? In any case, welcome to the forum and thanks for sharing. |
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Happy BTCitcoin-pizza day (even though a little late).
Strangely, this year I didn't see much new articles about it nor any mentions outside the very core-Bitcoiner-news.
We probably have to wait until the next massive bull market for mainstream media to pick up on any of this Bitcoin lore. Let's see, my guess is May 22nd, 2024 could already be different.
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They would never find my private keys and I’m pretty confident I could stand a good amount of torture to ensure I didn’t give them up too.
A good idea is to keep like 5% of your bitcoin stash somewhere separate to the other 95%. That way if you are ever threatened with arrest, prison time or even a $5 wrench attack (adjusted to $9 wrench due to brrrrr induced money printing) you can give up the smaller stash and keep your big stash.
You have the $5 wrench Wrecking Bar https://www.harborfreight.com/12-in-gooseneck-wrecking-bar-69288.html in which criminals are trying to get your BTCThe 5% / 95% might work for that. Once you get the police, courts, and so on involved it becomes a different story. In a lot of countries, if they have proof that you have the private keys and are hiding them they may or may not lock you up until you give them over. Or just make your life miserable until you do. However, they will be watching those addresses that they think belong to you and if those coins ever move you are going to be getting an anal probe from the government that even Paul would appreciate. https://www.youtube.com/watch?v=EU6gPaQrQrQ-Dave You already mentioned it briefly with "they will be watching those addresses" - Which I think is the main issue here, chain-analysis will probably work well to connect all the dots and even find "hidden" keys. Maybe not the private ones to directly have access, but watching via the public addresses. Except for the 1%, maybe 2% of folks that really know what they are doing, I would guess that the vast majority of people storing their BTC does not do so in a truely private / hidden way. |
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Just when I thought they couldn’t pull out anything worse than all the mistakes they’ve done before! So in order to bring those fearful people who hated Bitcoin for being decentralized we’re inserting a possible backdoor so everybody who practiced self-custody before is now at risk? Then what’s the point of a Ledger, paying a company who’s been hacked before to “safely” store the most important information of my wallet? WTF do they have a brain to think?? This sounds almost funny, it’s so bad it wouldn’t fit even as a 1st of April joke
It does sound like a bad joke for anyone that really knows what Bitcoin is, what it stands for, what it is capable of, and why it was created in the first place. For everyone else, this probably sounds like a great solution. "Of, finally they solved the lost-your-seed-and-you're-fucked issue." Let's see how this plays out in the long run. I would very much hope to see this has a major impact and creates a big disruption in the hardware-wallet sector. But I kind of doubt it will change much in the mid-long. Hope I'm wrong. |
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I made a post about this in the HW wallet section right after Ledger made this announcement, and since then I've learned a lot more about what kind of clusterfuck this really is and how dangerous Ledger products are for people who value not only their privacy but security. Needless to say, I'm no longer going to put up even a feeble defense for any of their actions as I used to do.
They fucked all of their current customers who likely didn't buy the device they thought they did, i.e., one from which the private keys couldn't be extracted without the owner's consent. Now that they've disclosed that it can be done, I think they've also fucked themselves as a company--but time will tell. One thing is for sure: I'm going to be following this drama very closely.
My personal suspicion is that Ledger is being pressured by government agencies to implement this service, or at least to announce that key exfiltration is possible so as to circumvent whatever illegal surveillance law they'd be violating if they got Ledger to seize users' funds for whatever reason. I didn't come up with that theory, of course, but I believe it fully.
Tbh, I would be suprised if this actually damages their company in the long run. Just think about what happens to trust towards CEXes after another big one goes down: Short dent, people look for alternatives (DEXes, storing their corns locally etc.) and after a while the majority is back using CEXes. So yeah, for some period of time it will leave a mark, then a new generation of hardware-wallet-users comes along and everything is back to usual business. I hope I am wrong, but not too optimistic. That being said, regarding the real reason why Ledger does this shit... Maybe government pressure, maybe some inside folks are already working for the government, maybe some CEO is best-buddy with an intelligence-exec... who knows. What I personally hope to see are many more open-source hardware wallet solutions, where some of them manage to become the new industry standards. |
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Any open spot please - will edit when I figuered out which still open.
Thanks, that's awesome tldr-hodl & MJ!
1 - Kryptowerk
(or random if already taken please)
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Love to see it. Some great effort from their side, really well made looking flyers.
Thanks for joining and taking some footage of their "pamphlets", MJ!
Looking forward to someone jumping in here with some photos of their actual booth.
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Question... Does it include digital cert from original buyer with view key? Thanks, sweet coin!  That's actually a good question and reminds me I recently got a few Lealana XMR without the "digital paperwork".  Is there any way to get it via the coin's serial number from smoothie directly? |
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https://www.youtube.com/watch?v=9scIevuymZMAndreas Antonopoulos is live just now discussing the ledger f-up. So far his stance is pretty clear and I am happy to see there is spotlight on all the potential problems a closed-source centralized company such as Ledger poses. Especially after they have been caught lying about fundamental features of their security-chip on their hardware wallets.
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Ledger has a nice track-record of fuck-ups, imho. First they just stopped support for their older hardware wallets. Such as Ledger HW (1) and Ledger Nano (1). Then they managed to leak their customer database including email, clear name, address etc. Now openly admitting to lying in regards of the possibility for private-key extraction from their security chip seems like the logical next step. Disgusting but not surprising. https://www.binance.com/en/feed/post/539103"The original tweet from Ledger customer service stated, “Technically speaking, it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not.” And: "Critics shared an alleged Ledger post from November that stated, “A firmware update cannot extract the private keys from the Secure Element,” implying that the company contradicted itself." |
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I really wonder what the f was going on in their heads when stealing such a unique piece.
Is there really an underground market for this? I doubt it. Just hope this item somehow finds its way back to RYR.
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Could not find it on their site
Same, I checked some of their bricks, but the Bitcoin-themed one didn't pop up so far. Their pricing seems through the roof. But maybe it's just because we are used to industrialized products, looks like they do a lot of manual finishing on their products. Still... paying $1k to store away 10k appears kind of strange to me. Anyhow, cool massive Bitcoin brick in their video for sure. |
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https://www.msn.com/en-us/money/personalfinance/is-ledger-s-new-bitcoin-key-recovery-feature-safe-experts-have-doubts/ar-AA1bpgQo"When Ledger, a Paris-based hardware wallet-maker, announced a new key-recovery feature this week, it thought the move would be popular. Allowing users to recover their private keys – much like you can recover your password if you forget it – would help onboard customers, the company believed. Potential crypto users are known to be turned off by crypto's unforgiving self-custody ethos ("not your keys, not your coins"). But a key recovery service would offer more comfort." [ Excerpt] " Security concernsThe news of the update provoked a storm of criticism from the crypto community, with accusations that Ledger’s new offering contradicts its past statements about keeping private keys off the internet. In particular, Crypto Twitter piled on the tweet Ledger’s official account posted in November, assuring users of the safety of their devices."
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https://www.btc-echo.de/news/ledger-fiasko-bitcoin-community-in-aufruhr-164403/"Ledger Recover ist eine geplante Wallet-Funktion, die in der Bitcoin-Community gelinde gesagt für Kopfschütteln sorgt. Die Kernfunktion dieses “Sicherheits”-Features ist es, die Seedphrase, also den geheimen Sicherheitsschlüssel zu den eigenen Kryptowährungen, in drei Teile aufzusplitten und diese verschlüsselt in einer Cloud zu speichern. " Und: "Laut Ledger verfügen alle drei Unternehmen, die die Seedphrase-Anteile verwahren, über eigene starke Sicherheitsvorkehrungen. Sollte nur eines von ihnen kompromittiert werden, wäre das für die Angreifer nutzlos"
Meine Meinung: Ledger hatte sich mit seinen Kundendaten-Leaks und dem Support-Stopp älterer Hardware-Wallets bereits viel Skepsis eingefangen. Der jetzige Schritt, dieses einschneidende Sicherheits-Risiko auf den jetzigen Wallets (wenn auch optional) zu erlauben, anstatt eine dezidierte neue Wallet für diesen Zweck heraus zu bringen, wird wohl einen weiteren Vertrauensverlust bedeuten.
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That's an mazing API. Seems to work very well and is indeed very useful.
A question about economy fee - how exactly do you get the data for it and what would be an accurate estimation of # of blocks until confirmation for this fee?
What does minimum fee mean? If I go lower what exactly could happened compared to this metric?
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got mine yesterday  love the COA! does anyone happen to know if ICG or some other grading company would slab these? I don't see why not as the dimensions seems work, but to be sure since it is square shaped, you can email ICG @ customersatisfaction@icgcoin.comInterested to hear if this would indeed work. Becuase if so, then the other non-square shaped HODL bars could also be submitted to grading if put into a squared slab with some foaming to keep it in place? Just wondering, cause I love these tiny bars but thought grading was not possible. I don't believe the mini-bars (rectangular) will work for grading because at least one of the dimensions is greater than 40mm. Oh, this made me just check their actual dimensions. And you are right: It's 50x29 mm. Having grading made available for bigger coins would be so cool, though. Would allow for Squrrelbits 60mm coins and some other rare items to be graded. |
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Just read your proposal. Sound like a cool fun program (app?). - Which platform do you plan to release this for? Will it be open-source? Do you plan to sell it or give away for free?
Not sure if I get your idea right - do you want a program to write fictional quotes (speech) with reference to Bitcoin or do you want a program that gives you the current rate (quote) for Bitcoin? Why would you need AI / huge data for that? Do you want to make projections into the future?
Slightly confused, English is not my native language, haha.
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Stable-coins are possibly one of the biggest factors for some of the huge increases of value in the whole crypto market. Some coins are allegedly (!) fully backed, some aren't. Which means it is possible that there is a massive liquidity bubble, that could burst because it is actually created out of thin air. If this is indeed the case, then stable-coins buying Bitcoin or other crypto to back up their issued coins is a crazy, almost ponzi-like move. https://bitcointalk.org/index.php?topic=5453119.0Ofc, it could be the case that indeed these stable coins are fully backed by liquid assets, then not much to worry about. |
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