vancha112 joined the room.
|09:31:44||vancha112||Hey everyone :)|
|09:35:58||vancha112|| For a non-technical bitcoin user, just someone that wants to have a bunch of bitcoin in a wallet to maybe donate to open source software projects or something, I'm looking for a way to buy a bunch of bitcoin (the minimum amount) somewhere. I've found coinbase (lot's of people recommended that for how secure it was), but I am afraid of Identity fraud. Coinbase does not let me obscure sensitive data from my ID card (and according to official state guidelines it is very ill-advised sending a full picture of your id card to anyone. |
|09:36:33||vancha112||does anyone know of a good alternative to coinbase, that at least allows you to create an account with a bit less personal data?|
In reply to @vancha112:matrix.org for storage of personal wealth I'd recommend using a hardware wallet with multiple, distributed backups (hopefully all encrypted with some passphrase, which is in a sealed envelope with your lawyer) — otherwise, keep your coins off custodial systems in general (not your keys, not your coin)
For a non-technical bitcoin user, just someone that wants to have a bunch of bitcoin in a wallet to maybe donate to open source software projects or something, I'm looking for a way to buy a bunch of bitcoin (the minimum amount) somewhere. I've found coinbase (lot's of people recommended that for how secure it was), but I am afraid of Identity fraud. Coinbase does not let me obscure sensitive data from my ID card (and according to official state guidelines it is very ill-advised sending a full picture of your id card to anyone.
|17:42:48||vancha112||If it's not recommended to just keep them on your pc without so much encryption that it's no longer convenient, is there a trustworthy online wallet that you'd recommend?|
|18:10:39||Remæus||the encryption is for the backups, your online wallet (the one you might have connected to the Internet) can still be self-hosted and/or non-custodial|
|18:11:51||Remæus||I use both Green Wallet (by Blockstream) and BitPay on Android, though the Shildbach Wallet is the optimal choice if you don't need advanced features (like multi-signature spending)|
|19:16:32||Remæus||to be clear, wallet usually means "a collection of keysigning pairs"|
|19:16:59||Remæus||Bitcoin allows for other types of contracts to have deposit addresses, as well|
|20:52:56||gamaflow900||How do you safely go from Monero to Bicoin on Shildbach Wallet?|
|22:25:15||eric||sell monero for bitcoin somewhere, using your bitcoin address as final payment / withdrawal destination|
|22:31:17||gamaflow900||Will it be enough for personal privacy?
Or do I need to go trough a mixer first?
The Monero that I brought, where aquired through fiat bank transfer, and are curently stored in an online monero wallet|
|22:35:57||eric||it depends on how the sender constructs their transaction; from a public exchange, it's hard to imagine your coins not having some "taint"|
|22:36:21||eric||probably better to arrange on Bisq, or ideally anonymously elsewhere|
|23:58:23||gamaflow900||It was a P2P exchange (accept the online wallet), no KYC, and the details kept to a minimum.
My problem to begin with was, that Bisq required som Bitcoins I didn't have, so now I have stepped into the crypto exchange market.
Face to face exchanges are bot feasable here, so Bisq or other P2P exchange is my only solution, unless someone wants to share a farm?
How do I remove the "taint" from the Monero I have aquired, before transfering to the Shildback?|
|19 Jan 2021|
|04:19:09||@geovalfu:matrix.org joined the room.|
|21:38:09||Remæus||In the worst cases you can contact a miner (or rent hashrate) for fresh coins; to remove taint, CoinJoin and shuffle|
|21:45:03||eric||if it isn't KYC'd, it's very unlikely some future actor is going to be able to track you down — if you're using TOR, etc. even your broadcasting IP would be concealed to a State actor|
|21:45:14||eric|| * if it isn't KYC'd, it's very unlikely some future actor is going to be able to track you down — if you're using TOR, etc. even your broadcasting IP would be concealed to a State actor|
|23:14:43||OngBak||Redacted or Malformed Event|
|20 Jan 2021|
|01:39:44||BlastaMasta joined the room.|
|19:43:33||@nigakniga:matrix.org joined the room.|
|19:50:54||@nigakniga:matrix.org left the room.|
|21 Jan 2021|
|09:44:46||vancha112|| Hey everyone :) It seems I've overlooked something that has been brought to my attention after I wanted to know more about bitcoin: The massive energy requirements to keep it all up and running. Does anyone know of an alternative cryptocurrency that has a more efficient replacement for the "proof of work" than bitcoin has? and if so, if that alternative would have the possibility to be scalable? |
|14:24:53||@geovalfu:matrix.org left the room.|
|20:00:43||gamaflow900||Monero seams more scalable, since the scalability is managed by the organisation behind Monero, unlike Bicoin that needs some consensus, and can be slow to adapt.
Monero uses a tad more current to begin with, as the connections are encrypted, but it's easier to crunch, when everyone can get mining on Monero.
With Bitcoin it isn't feasable to mine, unless you have a farm, but Bitcoin is also more widespread.
The bigger the blocks get, the more power hungry the mining gets.
There are some crypto currencies, which focuses specifically on power consumption, but those arent widespread.
|20:05:18||gamaflow900||On the other hand, think how much CO2 regular cash produces when produced, transported, and replaced.
That has to be taken into the consideration, when argueing whether electronic coins are eco friendly or not.|
There are no newer messages yet.