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0 sats \ 0 replies \ @avo 5 Jul \ on: Who is Satoshi Nakamoto? Where did the idea of Bitcoin really come from? 🤔⚡ bitcoin_beginners
My understanding is that Bitcoin is the culmination of the evolution of ideas in the quest for digital money without the use of a centralized monitoring entity. Satoshi overcame the the last hurdle of this quest by solving the double-spend problem and introduced it in his whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System".
Please correct me where necessary.
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https://www.pdf-xchange.com/company
I initially signed into SN with my Lightning wallet and all is going well except for a red notification in settings:
"Please add a second auth method to avoid losing access to your account"
I have added my email more than once but still see this, how can I correct?
You kind of lost me with your focus on separate "wallets" and no mention of coin control, addresses or UTXOs.
An important concept to know when thinking about Bitcoin privacy is that wallets (Jade, Sparrow or any other) do not actually hold the funds.
Be careful with AI.
""just works" with all devices"
In my view this is just a way for you to take market share from Ledger who already successfully took this path long before you. One can poke holes in any concept of course, but promoting HWW use with an internet-connected-Pegasus-Cellebrite-compromised device (iPhone) over a non internet-connected device such as CC makes me chuckle. Stupid-simple logic beats smart-complex logic for me. How has Satoshi successfully held his stash for so long, with simplicity or complexity?
I agree with you.
A passphrase allows for backup in separate locations and increases entropy of seed, not sure how one can argue against that.
Musig is something different and of course is most secure, with the tradeoff of complexity.
The Bitbox article going around makes a comment against passphrases that someone might see you enter it in public....no!
Passphrases are for cold storage only, never take a HWW out in public. If one needs to spend somewhere use Lightning or hot wallet with small amount on phone.
Personally do not give any credibility to what anyone in the current administration says. Reds like to claim they are best at running the economy but in reality, the opposite is often true.
The economy of the long-time blue-ruled state California, (full of immigrants, gays and progressives) has just surpassed that of Japan.
How is that possible when they are doing everything wrong according to the Right?
Facts are facts.
https://www.businessinsider.com/california-economy-fourth-largest-japan-us-china-germany-2025-4
Personally like putting a small amount on main wallet and setting up a passphrase wallet (on same seed) where majority of funds are kept. I have a long complex passphrase both memorized and on steel in a separate location from hardware wallet and seed. To get to the big stash, the passphrase would need to be entered into the hardware wallet. If seed is in some way cracked and small stash was moved, this would alert me before large stash was gone. I am skeptical about all the different ideas in regard to a $5 wrench attack and think a savvy thief might just make you show your Sparrow wallet (for example) to show your different wallets.
Remember when I tried to encourage you a few years back to buy some Bitcoin? You would have more than doubled more money now.