So the thread started with someone asking about "the most trusted forms of collateral"
— basically they wanted to know what they should put up to *borrow* some money.

Enter LoyceV, cutting through all the noise with a single word:
 
Predictable? Sure. But coming from Loyce, it carries the weight of gospel.

I’ll be blunt — I don’t want *any* government, especially the US government, having control over whether my transactions go through. The next step after that is obvious: gatekeeping whose transactions get included by requiring KYC. That’s not decentralization — that’s the exact opposite of what Bitcoin stands for.

All this talk about miners dying, sovereigns taking over, etc. 
Article: https://cointelegraph.com/magazine/bitcoin-mining-industry-dead-2-years-halving-bit-digital-ceo/

Question: do you care who mines your transactions — or are you happy letting governments do it for you?

I just read this:

Jimmy Song slams Core devs

So... I'm confused. Isn't Jimmy a dev himself? If he wanted the limit to stay,
why didn’t he just code it that way? 

Also, if the 80-byte limit is gone, does that mean people can now put unlimited
data into Bitcoin for free? Or are fees/miners stopping that? 

Feels like this should be old news since apparently the upgrade has been in the
works for MONTHS, but I only just found out. Am I missing something obvious? 

Maybe Loyce or someone with more knowledge can clear this up?

Satoshi vanished (2010/11).
Nicolas appeared (2012).
Loyce V took the stage later.

Three masks. One mind.

The "V"?
V = Van.
Nicolas *van* Saberhagen.

I’m calling it now:
Loyce V is Nicolas.

lol no — the second you report your bitcoin to the irs,
your privacy is gone forever.

and this is the same government running the biggest ponzi
ever with social security — forcing young people to keep
paying in when it may not even pay out in the 2030s.

that’s who you want to trust with your bitcoin activity?

===============================================================
                     Newbie Question About Privacy
===============================================================

Hi everyone, 

I’m still pretty new to Bitcoin and I’ve been wondering
something about privacy. If Satoshi designed Bitcoin to be
anonymous, then why should the government have any business
knowing what I’m doing with my coins? 

I mean, Satoshi is (supposedly) sitting on hundreds of
Bitcoins and nobody knows who they are. If that’s possible
for them, then shouldn’t I also be able to hold and use
Bitcoin without anyone looking over my shoulder? 

Also, I’ve seen people talk about Monero. From what I’ve
heard, everyone already knows the only real reason to use
Monero is for tax evasion. If that’s the case, then why
wouldn’t Bitcoin just work the same way? Am I missing
something obvious here? 

Sorry if this is a dumb question, but I’m trying to
understand where the line really is between privacy and
regulation when it comes to Bitcoin. 

===============================================================

@davis196

So far, no one has offered a viable solution. I still believe a decentralized mechanism *must* exist—one that depends solely on the Bitcoin network itself, without relying on any custodians or third parties.

franky, i only ever wanted to be friends with loyce.but alas, it seems he views me with deep skepticism, and now i fear he’s even put me on ignore. maybe i get a bit carried away with my admiration for loyce, but the truth is, bitcoin wouldn’t be what it is without him.







 

Honestly, I don’t see Sarcophogus working for Bitcoin at all. For one, it’s built on Ethereum — why would I want to tie my Bitcoin to a completely different network? Then there are the attestation fees, which add up if you try to use it long-term, and the whole resurrection-date thing is impossible to predict reliably. Plus, it depends on oracles or monitoring nodes, so if any of those fail, your emergency access fails too. Conceptually it’s interesting, but practically it just doesn’t solve the problem for Bitcoin.

I'm honestly shocked and saddened to be called a troll. I came here in good faith with a genuine concern, and to have that brushed aside as "trolling" feels defamatory and deeply hurtful.




The problem is that posting my address publicly is exactly what I'm afraid of doing -- it defeats the entire purpose of my request. I was hoping for a solution that could protect my privacy without exposing me further.



This is simply not true, and frankly damaging to my reputation. I've admired your work for a long time, but admiration is not "obsession." Being mischaracterized like this is hard for me to accept.




And this is precisely my fear -- that no matter what I do, there will always be yet another list. It feels like I can never escape, and that leaves me in a constant state of anxiety about my Bitcoin privacy.

@apogio 

Honestly, I just don't know. The only thing I could ever think of as a workaround would be to keep cycling my coins into new addresses so none of them stay "tagged" for long. But man, that seems like a huge pain in the ass, and it doesn't really feel like a real solution either.

Hey all, I had a random idea and I’m curious if anyone’s tried something like this. Please, no “just use Coinbase” or “2-of-3 multisig” replies—those aren’t what I’m talking about. 

Imagine a Bitcoin wallet with an Emergency Access feature, kind of like Proton’s system for email/files: 

• You pick a handful of trusted contacts (friends/family).
• If something happens and you can’t access your wallet, they can request access.
• There’s a wait period (a few days?)—during that time, you could approve or deny. If you do nothing, access is automatically granted.
• Ideally, it would preserve maximum security, so your keys aren’t exposed unnecessarily, but the funds are accessible to your trusted people.
  

I know it sounds wild—maybe it requires some kind of clever cryptography or smart contract wizardry—but I wanted to put it out there and see if anyone has brainstormed anything similar. 

Again: please skip the standard “use multisig” or “use Coinbase” responses—looking for something genuinely new or creative.

Can I get started with "no money down" and guaranteed cash flow too?  
Because that’s about the level this pitch is at.  

If someone actually wants to live in Thailand, fine. But as an
"investment" for a foreigner not even on the ground? The only ones
making real money are the developers and the management company. 

@BitHodlers 

Since you seem so confident in your critique… maybe you can explain how the RandomX algorithm works? 

If you don’t know or have to look it up, then it’s clear we’re on roughly the same page — clueless together. 😉

Oh, and Loyce — just let me know the easiest way for me to get you my Bitcoin address. 
If it helps, I can even post it right here in the thread so you’ll know exactly which one to take off the list. 

As many of you know, Loyce publishes blockchain snapshots — 
including the big lists of all Bitcoin addresses with a balance.

While I understand this is all public information on the blockchain, 
I personally feel uncomfortable having my Bitcoin address included in those lists. 

My concern is that it makes my address more visible than it otherwise would be, 
and potentially draws unwanted attention from people who might try to target it. 

So I’d like to respectfully ask: 
Loyce, would you consider making an exception and removing my Bitcoin address from your published lists? 

I know it’s a small request in the grand scheme of things, 
but it would go a long way toward easing my privacy concerns.

Speaking of age… there’s even a whole other thread about it:
Do you want to live a long life of 100 years?

Meanwhile in this thread we’re debating whether LoyceV is 688 years old. 
Funny how 100 years feels like a stretch to most people, yet Loyce is cruising along like it’s nothing.

Haha, I love the idea of LoyceV making it to the year 2525. But let’s weigh the evidence for a second:

Pros for his age being real:
- He’s obviously got the wisdom and sharpness of someone who’s seen centuries of nonsense.
- No one else could survive the forum wars, crypto crashes, and meme floods like he has.

Cons against it:
- If he were truly 688, he probably would’ve invented Bitcoin way earlier than 2009. I mean, come on… centuries of experience, a knack for tech—he’d have been a crypto pioneer centuries ago.
- Also, time travel, extreme longevity, or vampire bloodlines might be required, and I haven’t seen him flaunt either.

But then again… maybe he’s just been playing the long game, waiting for the perfect moment to drop Satoshi-level wisdom. Can’t rule it out entirely!

Hey LoyceV, I might need to appeal to your ancient wisdom here. 
After all, LoyceVmobile is what... 7,975 years old? Older than you, even. Surely with that kind of age and experience, you’ve got some secret workaround for dealing with idiots who spam useless junk in threads. 

I didn’t make this topic self-moderated, and now I totally get why you always do. Is there some hidden trick from the Stone Age of Bitcointalk that lets me fix this, or am I stuck hammering out the clowns one by one? 😅