I could hardly think of any use case for storing unencrypted data on a public cloud, only if you want to share links publicly and are aware, that the data is indeed PUBLIC the second you upload it.

It would be cool to see the tutorial updated and strongly advise users what they are doing when using a public cloud with unencrypted data.

Sorry, but using a public cloud with rclone without their crypt feature should be a no-go!

See https://rclone.org/crypt/ and use full folder & file name encryption to prevent leaking metadata.

Even with crypt better don't sync confidential things like private keys, passwords or userdata to any public cloud.

Tbh providing "free" Bitcoin to subsequent blocks doesn't play out if some major entity will only mine if it's profitable, since a reorg of the original transaction will also give them fees of the subsequent ones. In fact, it gives even a stronger incentive to try a reorg and suck up all the high fees.

I don't think we are decades away, just think of Bitcoin crashing by "only" 50% in price while the next halving kicks in you can't argue it hasn't been like that before, since 14 years of history and few halvings are not a very accurate statistic - suddenly the reward would be only 25% of what it is now, probably causing shutting down more than 50% of HR which would be available for potential reorgs.

There has been a remote presentation of SimpleX Chat, its design and future development on Monerokon in June this year if you want some more details: https://mastodon.social/@simplex/110623729272875598

I'm personally using it since March / April this year and its development seems to be very focussed and it's becoming more and more stable. Also a desktop application which I have been missing very much since I'm not so keen to type longer conversations on a few inch touchscreen has been released for testing at least for Linux and Mac OS.

Sure, I had to narrow down the char count here and there to fit into the limitation of SN and then such mistakes use to happen.

Please read up on RandomX and the history of Equi-X: https://github.com/tevador/equix/blob/master/devlog.md

Both generate "random" code based on the hash of the last block and you have millions of algorithms which you simply can't put onto silicon, since actually a modern CPU/GPU is simply the best ASIC. RandomX has been out four years now and hasn't been "broken" by any kind of ASIC.

Sure, an old CPU will take x10 or x100 the time to solve, but this is acceptable to mitigate DoS, when an attacker needs 1 second and someone with a 15 year old Pentium needs 100 seconds. Captchas used on hidden services take mostly more with several failures but don't protect the service like this solution does.

The algorithm has been proposed by tevador, who was a co-creator of RandomX used in Monero in 2020: https://lists.torproject.org/pipermail/tor-dev/2020-June/014358.html

RandomX itself is based on the idea to generate random code based on the last block hash, so you can't predict an algorithm to benefit in some way from putting it in silicon, design specs can be found here: https://github.com/tevador/RandomX/blob/master/doc/design.md

Here is a great write-up on the development from RandomX to Equi-X as a DoS protection and why certain design decisions have been made: https://github.com/tevador/equix/blob/master/devlog.md

And finally here is the discussion on Git of the potential benefits and drawbacks of it being implemented: https://gitlab.torproject.org/tpo/core/tor/-/issues/40634

Following an idiot who doesn't even know the difference between inflation and currency exchange rate is stupid. After his logic Bitcoin had an inflation of ~40% p.a. since ATH.

What is the point of "holding" every 150th BTC ever available in someone else's custody? Isn't the whole thing of Bitcoin to have censorship resistance unlike with banks or Paypal? https://twitter.com/BTCGandalf/status/1465337256248500225 My guess is Saylor is just gambling for the profit in USD he expects but still is the bigger fan of banks and Fiat.

Stay away from centralised exchanges, use CoinJoins or Monero.

I would buy one immediately if it only had Monero support integrated. If you are talking about sovereignty and privacy, it's really tough with Bitcoin, even if you connect to the network via Tor. Coin control or even post-coinjoin privacy are really complex and you can lose your complete privacy with a small mistake.

So do you plan to add Monero to the wallet? One might use Bitcoin for storing but Monero for spending.

Since the wallet is fully custodial, it’s pretty much like PayPal.

Monero's proposed hard forks are always broadly discussed publicly with the whole community having the chance to participate and only decided when there broad consensus for the changes, pretty similar to Bitcoin's soft forks. Those soft forks make you also be out, since if you receive e.g. a SegWit output, without updating you will not able to use it.