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821  Other / Meta / Re: Ban request for user: franky1 on: January 07, 2022, 11:37:42 AM
Right. franky1, from what I can tell, is an OG bitcoiner. I think he probably wants to see bitcoin succeed.
But, really, what does that mean? Alright, so we both have a common goal. However, each want it to succeed in another way. I personally see it succeeding as long as there's consensus for something whether that's big blocks or second layers. Franky disrespects that. He wants us to do as he says. He can't comprehend that what has distinguished Bitcoin is this significant detail.
For second layers, a consensus is not needed -- as long as the second layer is compatible with the rules, a second layer is possible, even if no one agrees with the implementation of the second layer.

I think franky1 has his own way of thinking about how to approach problems. This is likely different than many other people's ways to approach problems. I think it is franky1's goal to change people's minds via his posts. I cannot say that franky1 changed my mind, but I can say that I thought about things I might not have necessarily thought about had I not read his posts.
822  Other / Politics & Society / Re: Revolution in Kazakhstan caused BTC price & hashrate drop? on: January 07, 2022, 10:16:06 AM
According to this source, sharp increase in liquefied petroleum gas, resulting in days of protest. All the financial markets have dipped recently, not just crypto, so it isn't clear on how large of an effect this has.
The situation may or may not be affecting the price of bitcoin. However, it is very likely to be affecting the hashrate. The internet was cut off in Kazakhstan in response to the violence in the streets.

After China banned bitcoin mining in its country, many miners who were previously mining in China, moved their equipment to Kazakhstan, and without internet access, the miners have no way to broadcast their found blocks. So the internet blackout has rendered their mining equipment useless, at least for the time being.
823  Economy / Service Discussion / Re: Mozilla says they'll accept Bitcoin & crypto donations on: January 07, 2022, 10:09:07 AM
To be frank, if you are complaining about the entity that you disclose your KYC information, in order to claim a tax deduction, or if you are wanting to not disclose your KYC information (which will result in you not receiving 50% of your donation back), you are just being stubborn.

But not if you live on country where donation to US-based organization isn't tax deductible. Why bother revealing my identity if i can't get tax deduction or only wanted to donate small amount of money?
or if you are wanting to not disclose your KYC information (which will result in you not receiving 50% of your donation back), you are just being stubborn.
And yet, if you look at the list of large donations for Tails (https://tails.boum.org/sponsors/index.en.html), there are dozens of large anonymous donations, including 300 Monero, 7 Bitcoin, and 50,000 euros. Since donations lower than $1,000 are not listed, there will be likely be hundreds more anonymous donations at these levels.

If you think paying to protect your privacy is stubborn, that's fine. You don't get to decide for everyone else though. People pay for VPNs, VPSs, email hosting, various pieces of software, entirely separate hardware and devices, etc., all in the name of protecting their privacy. If they want to protect their privacy by not claiming a few bucks of tax relief, then that's their prerogative. And of course, there are countries other than US which will have different laws and requirements regarding claiming tax relief.

All these other companies accept anonymous bitcoin and other crypto donations directly. There is no reason that Mozilla can't do the same.
If you donate under whatever bitpay's threshold is ($3000?), you do not have to disclose your identity (you have to provide your name, but it is in no way verified), nor create an account.

I don't think it would be unreasonable to expect to be able to donate 3 separate times, amounts near BitPay's limit before they make you verify your identity in order to donate. If you have that kind of money to donate, it is reasonable to expect the person is in a high tax bracket. So before you have been forced to verify your identity, you will have already given up thousands of dollars in reduced tax liability.

The cost of a VPN is generally in the range of $20-$40 per year. The annual cost of most other privacy measures is similarly nominal.


I don't think every donor that disclosed their identity for tax purposes is listed on that website. I would presume people have the option to not make their identity public, but still receive a receipt for their donation so they can receive a deduction for the donation.
824  Other / Meta / Re: Ban request for user: franky1 on: January 07, 2022, 09:48:22 AM
And also, I agree with this:

however, I don't think he is posting in bad faith.
That's the key here.  If I thought franky1 was posting about LN topics simply to piss everyone off, I'd absolutely support a ban.  But I've read his posts before, and I really think he's posting sincerely and is not trolling.
Right. franky1, from what I can tell, is an OG bitcoiner. I think he probably wants to see bitcoin succeed.

After a number of years of reading franky1's posts, I have come to the conclusion that he believes what he writes. I have posted previously that I do not agree with very much of what Franky says, and I probably would not agree with most of his interpretation of facts, however, I don't think he is posting in bad faith.

If you disagree with what franky1 is saying, I would encourage you to engage in a fact-based discussion with him to try to change his mind. In doing so, you should also be open to having your mind be changed, if a sufficient fact pattern were to emerge.
That sounds great, but was attempted in many topics already. If franky1 would keep his crusade in just one topic, I don't think anyone would complain about it.
franky1 has a particular opinion. This opinion is true for all threads that relate to the subject his opinion is about. There is no reason for franky1 to keep his opinion limited to a certain number of threads just because he disagrees with other forum members.

People disagreeing with you is a part of life. The fact that franky1 disagrees with you, is not a microaggression. You can try to change his mind if you wish.
825  Bitcoin / Project Development / Re: Send SMS all around the world with lightning! on: January 06, 2022, 11:01:23 AM
I am curious as to who their target market is. I kinda get the vibe that this person is running this website as a school project and/or a POC, rather than trying to run at scale and profit from his service.

I see a use for it for people who travel to foreign countries and are on mobile carriers that have insane rates for some of them.
It's actually why I asked about MMS. But even some texting rates are as high as $0.50 a text and your "international internet" speed is 2G.

https://www.t-mobile.com/travel-abroad-with-simple-global

Not sure it's a BIG market but I do see a demand for it.

-Dave

Why would someone pay for this when there are so many free alternatives? There is iMessage, WhatsApp, and Signal to name a few that can all send the equivalent of a text message to a person's phone number (who is also using a similar app), just to name a few. All are free and feature end-to-end encryption, which ensures the app maker cannot see your message (which is not the case for this service).

If you are traveling abroad, you probably need some kind of data plan from a carrier, either your US-based carrier or a carrier in the country you are traveling to (or the carrier of another country). This service does not get around that.

Because if you are dealing with a large number of people SMS is a standard, it works on all phones, you don't have to think about who has what app.

Yes, I am a fringe case with this but I can sit in the worksite and send messages though a web client to all who need them knowing that they get it without thinking and all it costs me is $0.02 works for me.
If I can do an MMS with a picture going "How difficult is is not to route the data connections through the high voltage conduit?Huh" even better.

International data plans are not always cheap or convenient and if there is an issue dealing with it is a pain.

-Dave

If you want to send some type of group text, you have somewhat of a point, as not everyone will necessarily use the same platforms. However, if you are trying to communicate with an individual, it is trivial to know if they are on a particular platform.

If you are going to communicate with anyone while overseas, you more or less will need some kind of internet package.
826  Other / Meta / Re: Ban request for user: franky1 on: January 06, 2022, 09:19:58 AM
After a number of years of reading franky1's posts, I have come to the conclusion that he believes what he writes. I have posted previously that I do not agree with very much of what Franky says, and I probably would not agree with most of his interpretation of facts, however, I don't think he is posting in bad faith.

If you disagree with what franky1 is saying, I would encourage you to engage in a fact-based discussion with him to try to change his mind. In doing so, you should also be open to having your mind be changed, if a sufficient fact pattern were to emerge.

As a result of the above, I would strongly oppose banning franky1.
827  Bitcoin / Project Development / Re: Send SMS all around the world with lightning! on: January 03, 2022, 04:43:25 PM
I am curious as to who their target market is. I kinda get the vibe that this person is running this website as a school project and/or a POC, rather than trying to run at scale and profit from his service.

I see a use for it for people who travel to foreign countries and are on mobile carriers that have insane rates for some of them.
It's actually why I asked about MMS. But even some texting rates are as high as $0.50 a text and your "international internet" speed is 2G.

https://www.t-mobile.com/travel-abroad-with-simple-global

Not sure it's a BIG market but I do see a demand for it.

-Dave

Why would someone pay for this when there are so many free alternatives? There is iMessage, WhatsApp, and Signal to name a few that can all send the equivalent of a text message to a person's phone number (who is also using a similar app), just to name a few. All are free and feature end-to-end encryption, which ensures the app maker cannot see your message (which is not the case for this service).

If you are traveling abroad, you probably need some kind of data plan from a carrier, either your US-based carrier or a carrier in the country you are traveling to (or the carrier of another country). This service does not get around that.
828  Economy / Service Discussion / Re: Mozilla says they'll accept Bitcoin & crypto donations on: January 03, 2022, 05:50:39 AM
Donations to Mozilla are tax-deductible.
Donations to all the entities I listed above are tax deductible as well. Tor provides an option to give your name alongside your donation to receive an acknowledgement document from them for tax purposes (or to donate anonymously if you wish). Tails give an email address you can contact to receive a donation receipt if you want one. If I want to claim tax deduction on my donation, then I'd be much happier giving only my name to the Tor project than I would giving my full KYC info and scans of documents to BitPay.
Again, if you don't disclose your KYC information, you are giving up what could amount to ~50% of the value of your donation in the form of a tax deduction. So if there was a way to donate to them without disclosing your KYC information, doing so would effectively mean you are paying 50% of your donation in the name of "privacy".

To be frank, if you are complaining about the entity that you disclose your KYC information, in order to claim a tax deduction, or if you are wanting to not disclose your KYC information (which will result in you not receiving 50% of your donation back), you are just being stubborn.

BTW, I would also be hesitant to support the tor project in general, as IMO, it really just gives people a false sense of privacy.
829  Bitcoin / Bitcoin Discussion / Re: Andreas Antonopoulos says to stop using paper wallets, do you agree? on: January 02, 2022, 08:39:26 PM
Let's counter his arguments: how often has a paper wallet leaked millions of customer addresses?
Not really a fair comparison. How could a paper do that?
Exactly, that's my point Smiley

Quote
Consider this scenario:
You said you have a printer without WIFI. Maybe you bought it with cash, maybe with a credit card that shows your real name. That information is stored somewhere on a server. The shop gets hacked and the data gets leaked. Does that make your product (the printer) worse? Would you stop using it and throw it away?
Everybody has a printer, nobody cares about it, and nobody is going to hit you on the head with a $5 wrench to ask you about your printer. But just in case, you can pick one up at a store, wear a mask inside, and pay in cash.
Some printers have features that do not work well with printing confidential information. For example, some printers will save the last n pages it has printed so the user can easily reprint something they spilled coffee on. Sure, you can probably disable this feature, but it is one more thing you need to worry about.

Should someone who knows how to make them secure, understands the risks & vulnerabilities and such use them if they want to? 100% yes.
The thing about paper wallets is that it really never makes logical sense to use one. In all cases, the potential risks involved in using a paper wallet include all risks involved in using a wallet stored in digital format and include additional risks not involved in storing a wallet in digital format.

For example, when you generate your private keys, you must rely upon the RNG of your OS. This is true regardless of whether you are creating a paper wallet or a wallet that will be stored on a USB drive. If you are creating a paper wallet, you must expose your private key to any "eyes" (including cameras) that can see in the room you are in. If you are creating a wallet that will be stored on a USB drive, you never need to expose the private keys to "eyes looking in the room".

While you are storing your paper wallet, if someone is able to access your paper wallet, they can ~instantly make a copy of the paper wallet with a camera (they can also take the actual paper wallet, however there may be some situations in which an adversary can see the paper wallet, but cannot remove it). With a wallet stored on a USB drive, an adversary would need to connect the USB drive to a computer, or other equipment in order to make a copy (or they can remove it, if possible). If there is any encryption applied to a paper wallet, the exact same encryption can be applied to a wallet being stored on a USB drive.

When you spend any coin stored on a paper wallet, you again will need to expose the private keys to the "eyes looking in the room", and again this is not the case for a wallet being stored on a USB drive.

If you were to replace "USB drive" with "Hardware Wallet" above, you would have incrementally greater security because HW wallets generally have a "cool-down" period in between unsuccessful attempts to use the HW wallet.
830  Bitcoin / Bitcoin Discussion / Re: Andreas Antonopoulos says to stop using paper wallets, do you agree? on: January 02, 2022, 09:07:29 AM
Using a paper wallet increases the scope in which your private key can potentially be compromised compared to a hardware wallet or an encrypted wallet on a hard drive. This is true for both when you are creating a paper wallet, and when you are spending coin that you have stored on a paper wallet.
831  Other / Meta / Re: TheBitcoinTalkShow - First episode is here! on: January 02, 2022, 03:26:59 AM
We don't know yet. He said in the video that he is a Bitcoin ninja


Is it TryNinja?

Cyrus = Ninja
I don't think it is Cyrus. I am fairly confident the person in the video is someone who is not an admin, nor a global moderator but is a moderator/patroller. Although, if an admin or global mod has an alt that is also a patroller, it could be that person.
832  Economy / Web Wallets / Re: GPU mining 2013, back today and on: January 02, 2022, 03:04:34 AM
@OP, if you have the patience (I think you do, since you forgot about those coins for this long), I'd recommend to install Bitcoin Core on your local machine (if you don't have a lot of disk space, with the 'prune' option turned on) directly from the link on the top of the forum. Then when it's done syncing (can take a few days if your PC is fairly modern), drop the wallet.dat into the right directory and send it to e.g. a hardware wallet from there.
It appears the OP is dealing with possibly a hundred dollars worth of coin. The cost of a hardware wallet alone is likely going to exceed the value of his old coin.
833  Economy / Service Discussion / Re: Mozilla says they'll accept Bitcoin & crypto donations on: January 02, 2022, 02:54:00 AM
It's a shame, though, because Mozilla will get no donations from privacy conscious users until they stop using BitPay.
Donations to Mozilla are tax-deductible. In order to claim a deduction on your tax return, you will generally need to give identifying information to the entity you are donating to (or their agent), so they can produce the documentation you need to support the donation in the event you are audited. I doubt many people, privacy-conscious or otherwise, are going to forgo a tax deduction so they can incrementally improve their privacy.


This is also not new, nor is it news. According to their FAQ, they have been accepting bitcoin since November 2019.
834  Other / Meta / Re: Bitcointalk posts as nft on: January 02, 2022, 02:03:21 AM
Having concert tickets tracked via a back-end database operated by a concert venue would mean the concert venue could arbitrarily transfer a ticket from one person to another, without the consent of the owner. If there is a dispute, there is no real way for a ticket holder to prove their case, other than their word.

With a NFT on the other hand, a venue could mind a number of NFTs up to the capacity of their venue for a particular concert. Any time the NFT changes hands (is transferred) this transaction is visible on the blockchain, and the buyer can be certain that a ticket was in fact issued by the venue. If a buyer were to buy a concert ticket, the buyer might similarly check the authenticity of the ticket via the venue's website, however unlike with a NFT, if the ticket is for some reason invalidated, there would not really be any way to know what happened, or who was responsible.

With a back-end database, a venue could potentially scam x percent of customers undetected. With a NFT, the issuer cannot scam a customer without it being obvious they have done so.

If you are denied admission to an event, after the fact, if you have an NFT ticket, you can prove that you actually had a valid ticket to the event if you were to complain. If you had an electronic ticket linked to the venue's private database, the venue could potentially deny that your ticket was valid.

Are venues scamming customers in ways you're describing a problem that exists anywhere in the world? Looks to me as if it's mostly a solution in search of a problem.
I don't think it would be possible to know. I know that airlines will generally sell 10x% (100% + x) of seats based on the assumption that some ticket holders will not show up.

The posts you quoted were specifically regarding why a NFT is superior to a back-end database with regards to trusting the entity issuing the NFT. I would expect that cost to transfer a NFT to generally be cheaper than using a back-end database, given that a back-end database will typically involve third-party intermediaries (such as StubHub), which will charge their own fees (which are very substantial).

There is also the issue of price transparency on the secondary market. It is not easy to know with certainty what others are paying for similar seats when using a back-end database.

There is also a very low barrier to entry into the NFT marketplace. This makes it easier for people to offer competing marketplaces that charge lower fees.
835  Bitcoin / Project Development / Re: Send SMS all around the world with lightning! on: January 01, 2022, 10:45:48 PM
I am curious as to who their target market is. I kinda get the vibe that this person is running this website as a school project and/or a POC, rather than trying to run at scale and profit from his service.

Used IP addresses are logged and recorded so it's better to use Tor browser when sending SMS with this website (if possible).
They obviously have the ability to read the content of your message. I would presume that the average customer would probably say who is sending the message in the body of the message, so I am not sure how much additional privacy is gained from using tor.

I did not understand the point of the project, does it look like a paid spam service? Huh

It would be fine if you could get a phone number from a country, receive messages, send messages, or buy a phone number using the Lightning network or make payments through it, but sending a message from a random number doesn't sound like a good idea.
I agree. I am struggling to think of a use case for this type of service. My first thought is that a business might need to communicate with customers, however I think it is pretty unusual for someone to need to buy the ability to send one message.
836  Other / Meta / Re: @theymos - Request: Multisig addresses for treasurers on: January 01, 2022, 10:20:29 PM
I don't use TOR, it's slow af for me and I don't see the benefit when most exit nodes are NSA from what I read...
The exit node may know what you read, but not who and where you are as long as you don't tell them.
A state-level actor could possibly execute a timing attack against a tor user. Also, if a single entity is running enough tor nodes, they will be able to serve as all three nodes in your circuit at least some of the time, and would know who you are (to an extent), and what you are doing.

I might have missed the announcement so I apologize if it's old news but it looks like OgNasty and minerjones are no longer treasurers:

The "T19 multisig" is a 3-of-5 multisig between theymos, achow101, SaltySpitoon, hilariousandco, and DarkStar_.

I was a bit surprised to notice this by the way.
I guess this shows that the concept of using multisig for treasurers works. I am curious to know what lead to the change.
837  Economy / Reputation / Re: Bitcointalk Charity and its funds on: December 31, 2021, 04:56:04 PM
Unfortunately if they can't really provide any evidence of where the money is gone I think greed probably got to them.
I don't think the lack of being able to prove their expenses is evidence of wrongdoing. They did not agree to prove their expenses and continued operating for years without proving their expenses, but did receive additional donations after their level of documentation was well known.

Someone asking questions is not evidence of guilt.

I'm curious of all the TXIDS that happened during the spit that cabalism mentioned. Also, as escrow, why you agreed vs keeping the funds in escrow?
As a charity, their intention is obviously to spend their donations on charitable causes. The only way to spend donations is to distribute money to those able to spend money on causes the charity wants to help.
838  Bitcoin / Mining speculation / Re: 2021, time for a new general & diff speculation thread... on: December 31, 2021, 04:47:34 PM
I've often wondered why Bitmain bother selling miners rather than just using them.
Bitmain sells its miners at a high price. The price Bitmain sells its miners for is the expected value of mining revenue, based on anticipated future growth in difficulty, and estimated costs associated with running the miner (electricity, and repairs), and the price of bitcoin, minus some discount rate to account for the possibility that difficulty will rise faster than anticipated, or that the price of bitcoin will be lower than anticipated.

So in essence, Bitmain is removing the risk of high difficulty growth from their balance sheet and allowing their customers to assume this risk. As Phil alluded to, this also happens to help them finance their manufacturing operation.

While it's possible that Bitmain does the kind of analysis and planning that you suggest, my bet is that they will essentially charge whatever the market will bear.  There are a variety of factors that fit into that, but competition usually matters as well. The semiconductor shortage has thrown a monkey wrench into every miner manufacturer's plans. We have seen Bitmain adjust pricing in response to competition in the past (e.g Spondoolies in particular).

BTC price and current trends in BTC uptake all factor into what folks are willing to pay. We have seen in the past a batch sell out in record time, and then the next batch is announced a few days later at a higher price. While I haven't paid close attention at an individual level, I don't expect that the practices of the past are ignored.
I would argue that Bitmain charging what the market will bear, and charging a price in accordance with what I describe in my above post are one and the same.

Any rational buyer will perform the above analysis before buying a miner, so it would be sensible for a rational seller (Bitmain) to perform the above analysis to know what a rational buyer would be willing to pay.

Obviously, the difficulty is unknown. The semiconductor shortage has resulted in the EV of miners increasing because the difficulty has not increased at the rate that one might expect it to increase prior to the shortage.
839  Other / Meta / Re: Have you had the feeling of a certain arbitrariness by moderators? on: December 31, 2021, 04:40:03 PM
The last one I can remember who pissed off about this was nutildah, who seems to have left the forum for good as a result.
I am not aware of any case in which nutildah had any action taken against him for *arbitrary* reasons.

I am talking about feelings and perceptions here, so not something objective.

I am sure nutildah was pissed off for what he perceived as, I don't know if arbitrary, but I am sure that he perceived as unfair.
I am not aware of any instance in which any action was taken against nutildah for what any reasonable person would perceive as arbitrary or unfair.

The only way for something to not be arbitrary when a reasonable person might perceive the action to be arbitrary is when confidential information is used to make the decision, and the information is kept confidential after the action is taken. It would be very rare for something like this to happen. The only time in which I can potentially see something like this happening would be when someone is banned for ban evasion. However, it is very rare for ban evasion cases to be prosecuted, even when the evidence is in plain sight (the person generally needs to be actively causing problems for this rule to be enforced), and if the person is banned for ban evasion, they will know if they were evading a ban.
840  Bitcoin / Mining speculation / Re: 2021, time for a new general & diff speculation thread... on: December 31, 2021, 06:50:39 AM
I've often wondered why Bitmain bother selling miners rather than just using them.
Bitmain sells its miners at a high price. The price Bitmain sells its miners for is the expected value of mining revenue, based on anticipated future growth in difficulty, and estimated costs associated with running the miner (electricity, and repairs), and the price of bitcoin, minus some discount rate to account for the possibility that difficulty will rise faster than anticipated, or that the price of bitcoin will be lower than anticipated.

So in essence, Bitmain is removing the risk of high difficulty growth from their balance sheet and allowing their customers to assume this risk. As Phil alluded to, this also happens to help them finance their manufacturing operation.
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