5 sats \ 0 replies \ @flix2 15 Jan \ on: How to buy KYC less bitcoin? bitcoin
https://localsats.org/ seems interesting. Few people on it yet, but the ultra simple system has potential.
I have been testing Robosats vs Bisq for speed and liquidity today.
Robosats was faster and cheaper in fees. (Paid 4% above market)
Bisq had more liquidity and better overall price despite paying higher miner fees. (Paid 2% above market)
I used an instant payment method for both, so trade was completed in ~1 hour.
There is still some room for improvement I suppose... if market makers were online 24/7 you could probably complete a Robosats trade in 5 minutes. Bisq is limited by waiting for block confirmations.
OK, I got sent some nice tools and guides on Twitter. I'll add them here for anyone else who is interested:
Why am I asking this?
I want to create the most paranoid, coldest of cold storage. No hardware. No software. No trusted third party at all. I will use dice and the BIP39 wordlist to create a seed, then derive addresses from that seed, backup the seed in some long lasting physical form (stone or metal), bury it deep for at least 20 years and send some btc to those addresses every month as savings.
Happy to read any criticism of this plan or ideas!
Not 100% there yet, but aiming for this by next year:
📱 GrapheneOS — Android
📶 Silent Link - eSim card
💬 Matrix - messaging
🔑 Bitbox— Bitcoin
🔨 Seedor- metal backup
💜 Nostr — Social Media
⚡ Phoenix - LN wallet
🖥️ Self-hosting - Start9, umbrel.
💱 Bisq, Robosats - exchange
I'd be happy to pay a few sats to watch a video with no ads.
I don't get why YT is not at the very least experimenting with micropayments.
Oh well, some other platform will do it first and users will go there.
A dollar in 1913 bought the same amount of basic goods as in 1877.
Imagine living with stable prices for a generation.
In fact there was deflation in many products as productivity increased.
In college we use to improvise parties in under 24hrs all the time. You just need everyone to pitch in and bring something... and a place to do it.
Some ideas (I'm thinking of doing something similar).
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People: gather them into a message group so that they can all follow the countdown.
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Location: Pick a place with flexible booking, do a house party (Airbnb?) or do it in a public space (park?).
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Supplies: buy from a supplier with return policy for excess or have the party at a business (Bitcoin café?)
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Payment: charge in advance, but have a return policy of 50% for those who cancel in the last 24hrs.
But the easiest way is to do it in a place you own (or some other bitcoiner in the community), supply some stuff yourself (beer, snacks...) and ask everyone that comes to bring something... that way the food, drink amount should match the number of people.
StreetCyber is awesome. You can also buy stickers of their most iconic prints here:
https://streetcyber.store/collections/sticker
But if you want somewhere cheaper or where you can start from zero... El Salvador shows a lot of promise. Buying land there to start a new community would be relatively easy.
New Hampshire Free State Project is very interesting. https://www.fsp.org/
They have had more success than any of the 100s of similar ideas that have floated around in the past 30 years.
They will push us up the tech stack until we have built a complete Bitcoin ecosystem with our own hardware, app store, communications, payments... there will be an open source, sovereign internet.
They cannot stop it.