Bitcoiners who like to take their self custody seriously often use tools like fire resistant metal plates to write their recovery seed words through a center punch tool. Products like the coinkite seed plates backup exist but it is also possible to roll your own using washers and bolts. For BIP39 only the first 4 letters of each word are necessary. You can also setup multisig or seed x0r to make sure a thief doesn’t breach into your seeds with just one plate, often stored on multiple geographic locations.
I wonder if some similar strategy exists for normal master passwords. Could be a nice idea for a low-tech-product-for-high-tech-solutions product. Perhaps a metal card where the user can manually punch a QR code.
I don't have two keys. I do keep a fallback method like restore keys written on a safe place.
I did find out however that my old Ledger X can do U2F and GPG so I'm trying to learn how to use it. This Ledger was my first first hardware wallet but I got a coldcard which in my opinion is a better bitcoin wallet. I had no idea what to do with the ledger - second hand market for these things are a big nope. I was pleasantly surprised when I found out there are apps that allow the Ledger to perform some of the Yubikey functions.
While in Brazil a person very close to me suffered a very destructive paranoid psychotic crisis. We've tried help from the public healthcare but their earliest waiting time was 1 month. I've slept for days at the door because she was convinced there were Russian cameras and radioactive emitters planted at our house and wanted to run away. That person stopped to eat and bath and wasn't thinking rationally. We couldn't wait a month.
It was the worst time of my life. I had to pay a private psychiatrist to treat her. A very good one - we plotted together a plan to partake on her fantasy and administer a risperidone injection which was super effective. She is fine now and visits said doctor once in a year only.
Sure you can go to a general clinic but the doctor will forward you to the proper specialist queue which might take months or even years.
I mean am I wrong? I'm assuming you are from the US, Canada or Europe when you say central banks have a net positive impact on society so I can presume you are clearly speaking form a point of privilege. You've never suffered through strict capital controls and hyperinflation. You can participate in any investment scheme without the need to supply spurious amounts of impossible documentation. You are not sanctioned. You may even have born in the right place. Am I wrong? Doesn't that sound like privilege to you?
The "legacy banking system" you are referring to is probably something similar to the ECB or the FED. Only 13% of the world population live under a stable financial system or democracy. So please check your financial privilege.
The problem here is not a bet on crypto but a company that basically went "oh hey sorry too bad the USD displayed on your account is actually UST. K thx bye".
Tether truthing the eminent doom of tether is all well and good but why aren't we talking more about YCombinator promoting startups that burned their customer's money by sending it to anchor protocol UST ponzinomics while lying that those investments were held in USDC and USD?
I’ve tried using á RockPro64 with FreeBSD 13.0-CURRENT and although it runs just fine without hacks I’ve noticed the performance is not that good. FreeBSD is not big.little aware so it doesn’t distinct between the A53 and A72 cores. Cryptographic hardware acceleration is not very good. On the other hand most Linux distros work quite well.
Then there is the piece of flaming crap that is the ASMedia PCI-E SATA card that they sell along with the board on their store. That thing cannot handle 2 SSDs and its not a problem with power delivery. Replacing it with some marvel based cards.
> Inflation encourages spending
> Incentive to spend.
So less crap being produced and bought in a whim and more decision making process on purchasing long lasting quality products (like it used to be). Less cheap plastic trinkets, less planed obsolescence.
Please sign me up for that wonderful deflationary world!
Nothing you wrote makes any sense. We are talking about stable coins. Where does speculations fits here? Also could you make an argument without making accusations?
That's a rare situation. The first thing a government does when their economy starts to colapse is to force the population to use and save in their dying currency while restricting access to foreign currency to prevent capital flight. Just look at Russia and Argentina.
> Remember, with a stablecoin, there is no upside to holding.
As always people around here tend to see the world from their point of privilege. If you are in Turkey, Sudan or Venezuela right now there is a huge upside in holding a stable coin pegged to the dollar. Only 13% of the world population is lucky enough to live on a stable democracy with a stable economic system.
I don't think that's enough to qualify as a privacy measure. Those encrypted files will still be on your account paid through your credit card and authenticated by phone. They know when you connect and how much data you have, download and send.
As for the rest of your comment, I pretty much like having my own stuff and I dislike giving money to hostile corporations like Microsoft and Google.
I wonder if some similar strategy exists for normal master passwords. Could be a nice idea for a low-tech-product-for-high-tech-solutions product. Perhaps a metal card where the user can manually punch a QR code.