ok to say it again
before hardware wallets were a thing. before export wallet was a thing.. (before terminology got redefined)
OG bitcoiners called an offline wallet (paper or airgapped)
they called a cold wallet a node on home computer(with internet to stay in sync and make payments online)
they called a hot wallet a node on public server

luke did not paper wallet nor have hardware wallet. he had keys on a node which was exposed, as it can be seen he was spending value of his wallet in september. it was not old coins from 2011. it was a utxo from 2022 that got spent in september, then the change returned to the wallet in september.. then later stolen at the new year

there are 3 main types of outstanding loan statuses
loans payable non-current(more then a year)
loans payable current(within a year)
loans in default(overdue/unpaid)

i consider the third as DEBT

loans can just sit on balance sheets as liabilities and be swapped around and stuff
but true debt, means you are being chased because your not sticking to arrangements or not paying obligations

its like mortgages. people dont see it as debt. they see it as an agreement with the bank.. its not until the debt collectors come knocking that they start to sweat

20 years 400 years.. doesnt matter. breaking the signing policy of fund movement breaks bitcoin no matter the delay

as for "20 years" (satoshi stash at risk in just 6 years!!. thus bad idea again

when people start working at 18 they put funds into a pensions pot. and dont touch it until they are 68
that is 50 years they dont touch their retirement money.. just saying

so you* want to steal satoshis stash in just 6 years time... um nah

not your key not your coin. so dont be greedy trying to get some other persons coin just because they have more patience than you*
(*not u personally but "you" as in the content of the proposal)

bitcoins security is the absolute requirement of a private key to sign a tx movement of coin.. any change to that which does not require key signing WILL BREAK BITCOINs security model

..
its as bad as saying
"in 2029 the first 20,000 people to post a picture of themselves with a 'shoe on head' can get 50coins unlocked from a 2009 stash"

what kind of security/value system is that

the end supply limit is a known limit. the current PRODUCTION rate is a known amount

the production rate is known to half every 210,000 blocks (~4 years) and doing the math can calculate everything you need to know.

as for then what people do within these limits. well thats within the limits. its not like are creating extra

..
as for wanting to put into rule a way to take funds off keys (even though u suggest after 400 years) goes against the security of requiring key signing in the first place
that would break bitcoin, allowing such a back door even with a massive delay

once you implement a rule that allows spending via not using a key signing a tx message process.. whats next. changing the suggested 400 years into 40 months. ?.. now that would break bitcoin

if you are dreaming that the german leaders surrender(resolving the war) looked like they were on their knees pleading for their life waving their white underwear on a stick....while having guns pointed at them..  you would be wrong

if you think the war ended by citizens rioting and "taking the capital" you are wrong
if you think the war ended by citizens walking the streets protesting. you are wrong

this is what the german surrender actually looked like

https://upload.wikimedia.org/wikipedia/commons/thumb/4/43/Field_Marshall_Keitel_signs_German_surrender_terms_in_Berlin_8_May_1945_-_Restoration.jpg/780px-Field_Marshall_Keitel_signs_German_surrender_terms_in_Berlin_8_May_1945_-_Restoration.jpg

its the german leader(highest ranking officer) signing a piece of paper

when you realise that riots and wars are not "the revolution".. but instead the chaos/ fear/ stress between revolutions..
you then look to how governments change outside of the stuff on the streets.
changing a government is about paper. signing people into power and signing out of power. legislation works by paper

the turmoil inbetween is just the resentment and the resurgence inbetween

it should be noted that DooMAD(and a few buddies of his) are an antagonising snake oil salesmen phishing an alternative network as if it is as secure, better than and pretends that be bitcoin
(however, it IS another network. so treat is so. be cautious about value put into other networks)

he is just upset that i kill his (and his buddies) broken promise sales pitches which they only want to mention the very very small instances of "best case" scenario

yes do your own research. but make sure that research is not from the buddy group of snake oil salesmen(confirmation bias nonsense echo chamber)..
read the code. learn the technology. research how its different to bitcoin. and also to be risk awareness, look for the flaws not the hopes/dreams

(side note: there are far far more flaws and bugs in LN that i have not even mentioned. the main ones i do mention are the ones that have been experienced by users and/or LN DEVS have experienced/admitted as being a problem)

without needing to recompile LN software. without needing to change code of LN. LN with just a setting change within the app is compatible with multiple currencies

also LN has wallets that can create LN balance without even needing to lock mainnet coins of any of those networks

LN is not forced or locked to only work with bitcoin!!

also bitcoin(legacy) transaction formats are not LN compatible. segwit(newer format) is the bridge gateway format of LN. and multiple networks need segwit to bridge to LN
these "segwit" formats have orchestrated that legacy mainnet fee's be classed as premium 4x segwit fee's
(actual code is legacy * 4.. its not segwit / 4.. thus in true code its not "segwit is discount" its "legacy is premium")

thus promoting native legacy as being expensive to promote utility of these newer bridge formats, to then be one step closer to recruit users to another network and stop users wanting to use bitcoin

LN is not a bitcoin feature. it is its own network with its own rules and can be used without or without other currencies
LN is a separate network where payments(onion payments) are nothing like bitcoin.
LN can function without bitcoin. yep you can get 'imbound balance' withut needing a funding locked amount of bitcoin under your control. (temp ID does not need any funding to create a channel of msat balance)(aka unbaked/fractional reserve)
LN is not bitcoin

---

LN's aim is to take people away from using bitcoin. which is what all crap coins try to do
taking users away fro bitcoin is not "scaling bitcoin" it is instead de-populating bitcoin

LN love bitcoin fees going up because once they can lock people into LN people wont want to leave due to bitcoin fee fears. and thats how they recruit people into their altnet

LN has bad monetary policy. no network accounting system and its not as private as it promotes
it literally gossips peoples node funding address and also a tagged name too .

the lack of utility makes it easy to 'listen to the noise' of channel updates to see where payments move from and too. without even needing to 'peel the onion'
its not what it promises to be

..
as for the fee thing

firstly to set up LN people need to move funds from a bitcoin wallet to an LN wallet. and THEN split that LN wallet value into multiple channels. meaning MULTIPLE transactions just at set up.. more then they pretend to suggest

then when closing closing multiple channels does not go to a bitcoin wallet but back to the master key of the LN wallet. which then to completely escape out of LN needs another movement out

so the whole process to truly enter and escape LN full is more transactions than it suggests

so unless you are making more then several payments for goods/services per (time you want to use LN) its not worth using LN

also when using LN where they use 1% of value per channel as LN fee. if you are 7 hops away from your destination. the fee becomes 7% of value.. which again can end up being more then using bitcoin, which is just sats/byte. which is cheaper when you start spending a sufficient amount
in short LN only works on very small purchases

..
some will say you can avoid chanel closing by using multiple channels to "rebalance" but by rebalancing your channels you then off-balance other peoples balance. meaning they then rebalance theirs to counter your act. and suddenly instead of people just moving value to buy goods or services they are liquidity balance fighting to try getting to a equilibrium.. in short they waste more balance on LN fee's fighting each others rebalance attempts against each other
..
there is liquidity issues with LN too
if you want to move <0.02btc(<$400) 5 hops. means those 4 middlemen need $400 spare JUST FOR YOU to succeed
meaning for you to move $400 needs $1600 spare liquidity in the network for just YOUR payment to go through

if you were to have a netwkrk of 1million users of only $400 per channel where each node has 4 channels
it requires ALOT of value to be locked just to let one person at a time to move value across a network

the more users on LN causes more bottlenecks. more payment failures
..
 there are many flaws in LN not talked about. let alone their utopian promises broken and yet alone the silly sales pitches of saying LN is the solution to bitcoin

LN only functions well for small amounts. trying to move more then $500 dont work once you have to move value beyond a few hops to a destination

LN does not solve all bitcoin value needs or transaction needs

oh and dont try confusing lightning with bitcoin
they are 2 separate networks for separate niche/usages

bitcoin relies on a blockchain and bitcoins never leave the blockchain, bitcoin has no value limit bottleneck or middleman requirement to co-sign agree to operate as payment path(route)

lightning is a multi-currency token payment system(words with many currencies and works without any currency) with less security but is used for small amounts people dont care risking

silly people advertise lightning and people experience lightning . experience its multi channel locks needed to have multiple route to get most exposure to destinations. experience all the middle men possible bottlenecks. yes they experience payment event speeds of a few seconds for small amounts.. but then when it comes to using bitcoin they experience a whole different thing and then realise LN is not bitcoin and never was

be sure to define the differences

im a bitcoin maximalist. but also a realist so that people can be aware of reality and not the utopian.
i love bitcoin but its always best to keep it real.

bitcoin is not a scarce resource
there are going to be 2,099,999,997,690,000 sharable units. these units combine at a rate of 100,000,000 to be a basket term called a (btc) bitcoin, meaning bitcoin is devidable by 100,000,000 units
yep enough units for all 8 billion people to have some division of a btc

whats special about bitcoin is the limit mentioned above or simplified to being called "21m btc". its a known factor and should never change.. unlike fiat that increments its supply forever

decentralised network
the network and distribution of the blockchain data is decentralised. but the powerhouse of the protocol decisions is a current risk factor. everyone relies too much on "core" and even some core devs including the main maintainer has said so. this needs to change to be less vulnerable to abuse. its slow but it can happen

Store of Value
store of value is not the same as the scarce thing just mentioned in previous parts
the store of value is not even the market price
the store of value is an amount/cost that sits below the markets. this number increases steadily over the years
2012(<$2) 2017(<$1k) 2021(<$10k) 2022(<$15k)
this store of value is about the underlying acquisition cost that anywhere on the planet no one can get bitcoin for. which then forms a non zero bottom value. its mainly formed by the most efficient mining costs on the planet setting this store of value limit

golds value $900,, golds spot market $1904(premium today)
golds SoV is today 47%

ethereums  value $40,, ethereums spot market $1300(premium today)
ethereums SoV today is 3%

bitcoins value $15.5k,, bitcoins spot market $18.5k(premium today)
bitcoins SoV today is 84%

the value lock of $15k is a non zero bottom so knowing whatever the price was in 2022, atleast $15k of a btc was value locked and couldnt be lost

dont worry about the (FAKE) sale of addresses
those are scams

if they could grab the value from addresses. they would do it themselves.. not try seling addresses

those scams dont have access to private keys. they are instead idiot newbies just selling public addresses to other idiots newbies that dont know about bitcoin.

i want you to save yourself time
again you cannot reverse engineer the true private key from the public address...

there are more computations to force than there are grains of sand in the universe if you tried backward engineering. even if it was a project of trying 100,000 attempts a second for the rest of your life and then passing down to your offspring and then your descendants, after 2 millenia later, they wont be any closer

lets give an example
saoshi(bitcoin inventor) has a bitcoin address of coins that the address was used a few times thus generated signatures to pull out the public key and other things.. yet. 14 years later.. no on has been able to backward hack those funds.
and thats with many many people trying and many years trying.

thats the beauty of bitcoin its not backward hack-able

the only option if the hardware from years prior is destroyed. is to re-enact your life from years ago. remember the way you thought about things. the hobbies and interests. the room you were in. what things your eyes seen and mind thought about that would later that fateful day of making the wallet would have come to mind that day to have created that wallet

list(on paper for you to see) all your hobbies, interests, girlfriends names, pet names. songs, books, games. inspirational messages. favourite foods, drinks. everything you can think of that as a 24yo you would have considered to MAKE a wallet. and re-enact the process as if you are doing it the first time. see what comes to mind

its the only way.

if you can think of just some of it. try some of those combinations. as that is atleast a more possible route then reverse engineering a public key.
the odds are more in your favour re-engineer the initial events leading towards the past wallet creation process.. the odds are against reverse engineering from the final public key

dont get too obsessed or stressed about it. if the funds have not moved yet(government found private key) i doubt they have it to move it now. so dont think about stressing self and worrying to need to solve it right away, do it calmly and patiently when you have spare time. the coins are not going anywhere so you have time. and plenty of it

its not something you might solve in a weed(unless you already know most of the words initially used). it may take a longgg while.
but instead of being a project you hand down as inheriters to attempt to force. the odds are less than that by working forward from your hobbies/interests and whatever you would have envisioned as a easy rememberable phrase back then

you do not have the "secret"(private key)
what you are describing as your "secret" is not what the bitcoin community call a private (secret)

what you have managed to reverse is not the private key you have just reversed from public address(human easier readable) to public KEY(less human readable)

yes converting public key to public address shows address.. but its not the part that comes before the ECDSA cycle which would be a TRUE "secret"(private key)


you cant reverse the public key (you personally call secret but its not) to become the TRUE secret(private key).

..
if you used a brain wallet years ago.
then im afraid you have to try and revisit your memories of events playing out in the past to try to re-enact the day you made the wallet. or find the device that was used and hope some IT guy can repair the device to retrieve the data

yep im afraid you will have to interrogate your brain. are you someone that would have backed it up. EG engrave brainwallet in metal and bury it in garden.
store it in a bank safety deposit vault. underlined certain words in your favourite book, etc

instead of just trying to remember a brain-phrase

imagine you are 24 again. and making a brainwallet for first time.
what were your interests. what subjects, hobbies and wors would you have back then thought "thats easy to remember because"

dont try remembering the phrase. .. try to remember the subjects of interest at 24 that you would have thought about when making the wallet that you would as a 24yo thought that would be easy to remember

EG if your obsessed with music back then. would you have as a 24yo been inspired to brainwallet a lyric

before doing a full seminar(requires spending to rent space, and organising event) do a small "meet-up" such as a informal chat with locals at a cafe/bar
EG put up posters/spread the word/gossip with people that you will be at X drink establishment(or your own business/shop) between [time suitable] each day a certain week for anyone to pop in and have a chat.

where you can gauge the interest and discuss things they may want see, or may be of interest for them to hear if there was a bigger seminar.  ask questions, answer questions. gauge the interest and the mood. find out what they want to know and then formulate something that will meet their expectations to want to attend

hint at things informally about ticket prices (gauge the local economy acceptance of how much is acceptable) and figure out how many tickets to offer and thus what amount is needed to cover overall organisation costs..

find out who locally is "expert" in topics. or runs businesses and work out who is good enough to be spokes-people or who from your chats local people want to see as spoke-people

in short
meetups if popular, become seminars, which if popular become regional conferences, which if popular become national conferences

if you are depositing funds that are a 100% uxto from a stolen stash.
or every serial number of bank notes deposited at a bank are from a known bank robbery.. the % of suspicion is 100%

however there is a % /rating system of suspicion its not boolean...
there is a scale with thresholds.. whether its bitcoin or fiat

EG moving $10k of any denomination of funds across a border via hidden in a trunk of a car.. has a higher rating and above a certain threshold.. compared to
having it on your debit card when you travel abroad
compared to
moving $10k within a border to buy your fiancee that wedding ring she expects
..
also to note.about regulations and guidelines(yep you can research it):
just the slight suspicion of say 1% taint or 1 bank note of 100 bank notes being a serial number linked to a robbery, is not enough to freeze accounts. yes there are maybe some investigation going on behind the scenes after deposit at CEX/bank/business level.. . but they have to by regulation let the currency flow.  and not tell you about investigation..
IF certain things meet a threshold, they SAR report it to authorities.. again while letting the currency flow..
IF authorities determine there is significance of a crime the authorities get a court order and then.. an account is frozen
try not to put your unlearned unresearched opinion of how things work to mean more than whats easily available to learn and research, factual process of how MSB's process funds and investigate.
.. people can "earn suspicion points the more they use a service where more and more deposits all have certain flaggable" traits until it meets certain thresholds.

heck i am not even a MSB but i have used them and in my own risk awareness of wanting to secure my value when using a CEX, i actually bothered to research how a CEX(msb) would handle my funds. by reading a CEX user agreement policy, terms and conditions and also the MSB guidelines/handbook of how they work internally with things like the SEC and FATF.. its all available via google. and so i use google and find source information when i want to learn something

regulators tell MSB's of certain thresholds they want to see to trigger a SAR and CEX(msb) create their own methodology to investigate things and rate things to see what meets those thresholds before filing such reports


if you can see something in hard data thats about the source item EG you can see that busd unpegged by looking at actual charts and network data... then it did happen.. but if you are relying solely on social media and media in general, then you are not checking your sources, thus please check sources.

i dont use binance nor stablecoins. so i never checked your specific example nor cared to..
i dont know or care about CZ. my gripe is seeing the amount of people that dont think or dont research
(there is a game called chain of whispers which for humour was branded chinese whispers.. where someone whispers something to another person who whispers it to the next and so on.. where by the end, the message is completely different than the source... that is pretty much how social media works.. the message can get lost in translation in the media circles of each persons opinion of what they read, seen, heard)

its why i keep saying DYOR (do your own research) to people

but now prompted by you.. i just did have a look (today) and yes it appears that on 19th of march 2020 it did depeg temporarily beyond its 99.98% allowable threshold. to go down to 97%
and i checked by looking at chart data. not social media.. and it took me under 15 seconds to load the page and select the 'all' timeline and see the chart wiggles.. much faster than it would take to try finding some social media opinion about some tweet found somewhere that was linked somewhere in some topic on the forum.

i could then try googling the reason for the temporary event depeg. but im not interested in that. but i know i can.
if busd continued to be below a 99% amount for a lengthy period, and it started to affect the whole crypto ecosystem.. . then it would be more interesting to research. but small 1 day events are meaningless over all if they dont effect the ecosystem beyond that day, are not interesting and not worth thinking about 4 years later

so try checking sources and finding full context and content. and relevance

EG lukes actual tweets reveal he had coins on legacy addresses. so when sily people start talking about hardware wallets and passphrases.. they are not talking about actual events. they are saying shouldisms. but those shouldisms can only be true if luke first moved coin from legacy and chose to put his change destination to a HW wallet seeded address(my advice) however just using his node would have and did put lukes stash onto another legacy change address, meaning exposing his wallet(again i mentioned this). as seen by checking his previous spend events before the theft

im not surprised. i blahed it for a reasons..

i blahed it because it was unrelated to the subject lines. it was as if you were trying to throw as many words as you can at a wall and see which one sticks.

(edit)
as others including someone that opposes me all the time(below) have told you it was not a spontaneous order thing.

---

when you realise
that lightning is not the bitcoin network.
and LN onion payments are not in anyway similar to bitcoin payments.
and realise bitcoin never leaves the bitcoin network.
and realise that without needing to recompile a LN node, LN can peg to other networks.. thus can survive without bitcoin

you start to realise LN is not bitcoin, nor a sole feature that solely works or nor functions or nor is unique to bitcoin.
thats its, its own network of a totally different transport system with crappy rules that are not enforced and can allow fractional reserving and value de-pegs(value insecurity)

you start to realise you should not be comparing bitcoin to something based on a separate networks bridging terms

mixing alot of metaphors now.
(ITS MIXED METAPHORES BECAUSE YOUR LINK WAS ABOUT SCALING BITCOIN. WHICH IS ABOUT TRANSACTION CAPACITY(TRANSPORT OF POPULATION) YET GMAX WENT LEFT AND START TALKING ABOUT THE LEGAL PRESENTATION OF THE PROTOCOL. as of 2017+ involving new format and another network as evidence))

so here goes..

if bitcoin was a city with its own road/transport network..segwit is a bridge to a different island. and LN is that other island that can bridge to other coins too..
(proof of unused bus ticket(bitcoin UTXO) to claim island boat ticket(segwit).. does not make LN boats(onion routed msat) the same as bitcoin buses)

its like you want to say "bitcoin is a court because outside of court theres this other mediation thing people use on another island "
there is no logic in it
using a bus ticket(legacy) to convert to a passport(segwit) to use the passport to harbour value(funding lock) to get to a different island by boat(msat). does not make everything now some other thing.

bitcoin is bitcoin and the other island stuff and the bridge offramps stuff are other stuff invented to pretend the other island is bitcoin

yes the bridge tx format(passport(segwit)) that allows users to offramp (harbour value(funding lock)) away from bitcoin and play around outside of bitcoin (with value they think (falsely) still ties them to bitcoin) has terminology of witnesses and witness descriptions and transcripts.. which are court based words
this makes LN the court..

meaning.. LN is the court of witness transcripts and (reliant on segwit passports)

but thats new inventive words .. its not bitcoin based on 2009-2017
the stuff gmax and yourself are trying to push is that instead of bitcoin being property(keys/signatures). some are defining it and legally changing peoples rights..

those using segwit are now some witness statement used in court(LN).. meaning its not do to with moving YOUR property. but about observing movements of value of things no one has ownership of where everyone is just witness to value they had access to witness its movements

sorry but il stick to how bitcoin is represented. by key possession and ownership.. i will not be downgraded to just being a witness to funds moving that used to be considered mine. but not mine if i move them into silly formats made after 2017
(ill stick with legacy thanks.. oh and legacy does not function with LN)

the ATH and the correction were not el-salv related

it was big corp whales of mid 2021 buying. and then shorting in 2022
they held the price below a $17k wall q3-s4 2022 because they had futures bets on that the price will be below $17 by year end. so needed to keep the spot price down to win bets.

..
however el-salv could have used the time time of q3-s4 2022 to buy cheap coin. and then when the un-walled rise occurs they reach their goals to finance their projects easier

el salv president only holds under 2400btc
yet there are other investors that bought a heck of alot more then 2.5k coins in 2021

we have michael saylor who bought hundred thousand plus
DCG(greyscale) added a couple hundred thousand to its trust after 2020
tesla has 10k coins+

black rock, and others too have more coin then el salvador

so you pick the one joker card to pretend the whole deck are not playing cards

but hey the moon has seen man stand on it lets do a doomad and say because the moon didnt use petitions which man can stand by... so that must mean earth, where man also stands must have no peaceful atmosphere or space to breathe, nor able to walk freely without a tether

you must realise in the number of years of living, you have had ample chance in life to learn things. like history

even in india's british empire of a century ago. they used petitions.
even in the civil war days of america. it was not throwing tea off a boat. it was a petition that changed british rule

the womans suffragettes... again petitions.. not chains

bitcoins VALUE was not the ATH

bitcoins PREMIUM was the ATH

value is found at the bottom, premium found at the top

bitcoin did not lose 60% value in 2021-2022

bitcoins value raised from about a $10k- $15k value bottom(below market)
and bitcoin temporarily found a new premium of $70k in 2021

bitcoins market cap is a meaningless number. there was not "wiping off of xxxbillion value

..
please try to use the right terminology. you seem to have everything upside down and also thinking there was some trillion dollar reserve that got wiped