It's human nature to want to seem to be more successful and happy than they actually are. I think most people boasting about success are actually dreaming about success or hoping to have success in the future. It's very normal.

It's very bad to commit such a serious crime against a innocent working man. Heartless.
And very stupid because bitcoin is very easy to track on the open ledger so they should have put some time to find out which addresses are his so they know how much there is to take.

The part of the ocean between UK and europe is called the english channel. This is unfair and should be renamed to europe's channel.

USA recently commanded the world to rename the gulf of mexico to the gulf of america, and the world obeyed. With that example set we should use the same logic to justify renaming the english channel to europe's channel.

It doesn't matter that it has always been called the english channel because the gulf of mexico was always called gulf of mexico.

It is time for the world to change all maps to have that part of ocean now known as europe's channel.

What do you think? Do you have any comments or thoughts about why this change is good or bad?

I see many videos on youtube where they tell you to get residency visa in countries that are unlikely to be involved in a world war 3.

Is it really enough to have a residency visa? I think the country you are a citizen in can still force you to come back to join the war if they want to. Either they already have such a law or they can create one when it's time. The country you would have a residency visa at would have to deport you. I think the only way to avoid such a situation is by getting citizenship in a country that is unlikely to join a war, so residency is not enough.

And it might not even be enough with dual citizenship. Because the origin country could change the law and forbid dual citizenship and then the country you got a dual citizenship at would have to remove your citizenship and deport you. So you would have to renounce your citizenship with the country you think is likely to join a war.

I think what makes it more difficult to understand and learn about this like what an account and wallet is because every project has their own definition of what it is. In some cases the wallet is the app. And in other cases wallet is something inside the app, not the app itself. The problem is all projects try to explain how it works in abstract ways that simplify too much. Ideally there should be explanations for all experience levels, like beginner, intermediate, expert. When they explain in beginner terminology it makes it harder for intermediate users to understand because the intermediate doesn't know what a wallet is but knows what a master private key is and child key and how a HD wallet works so if those kind of universal terminology was used it would be easier to switch between wallet software. But now I know what an account is in Sparrow.

How to turn off tor after closing wasabi wallet?
It says somewhere in wasabi docs that tor keeps running after shutting down wasabi because otherwise you could get deanonymized if you close the tor route immediately after done with wasabi and start one when opening your wallet.
It just isn't enough information about it in the docs. But what if I want to be able to use internet without tor? And only want wasabi to use tor?

Separation of Supervision - Makes stablecoins almost same thing as cbdc.
AML/KYC - No privacy.
Transaction Freezing - They will freeze all stablecoins that are anonymous. They say they only require AML/KYC for large transactions but that's just officially. They also in the shadows do mass surveillance with coinanalysis to track all transactions and if a transaction is anonymous they will freeze it.

This is bad news but it's always bad news when there is progress with regulations. Crypto is meant to be unregulated and censorship resistant.

I will never use a stablecoin again. Expect many bitcoiners to be mad when they sell their bitcoin before bear season starts. Their stablecoins will be frozen.

What's the difference between a wallet and an account?
Can a seed phrase create multiple master private keys? Is that what accounts are? Are they master keys? So it would be same thing as creating a sparrow wallet on a different computer?
And a wallet is an xpub?
When you go to send tab, you can send from addresses that are in that xpub aka wallet? Or can you combine from multiple xpubs aka wallets in the send tab?

I need my own node if I am using a wallet with many addresses I don't want linked to same identity.
But if I don't have my own node, then I can still have good privacy if I only have 1 address per wallet and use tor to connect to the public node?
If yes, then I am guessing I can accomplish that by only exporting 1 public address from the hardware wallet at a time? For example if I have a sparrow wallet that is brand new and unused, then i connect the hardware wallet and export 1 address to sparrow. Now I can get balance for my address from a public node and send transaction and other things and they won't know my other addresses.
Later if I want to use another address, I would need to create a new sparrow wallet that is unused and then repeat by exporting the other address from hardware wallet to the other sparrow wallet?
It is more work like this but it works pretty well to protect privacy?


I asked mostly to understand better the strength of the passphrase. Are you sure it's really as weak as you make it sound? If I use a password manager to generate a random passphrase that is extremely strong with 200+ bits of entropy, you think it can be brute forced in 2-3 years with a couple GPU?

Also isn't it unnecessary to have 24 words in seed phrase instead of 12? I've read a few dicussion about that and that is what I think most agreed on. But the videos I watched of people setting up hardware wallets, they only have the choice of 24 words seed phrases.

what is the point if the stable coins are tied to fiat and regulated like fiat? We might as well use fiat then.

What i was thinking about is if its possible for a bitcoin address to be reversed to the public key? And then that public key reversed to see which xpub created it? I remember reading something about that.
I know it's not possible to know which master private key created the xpub but I don't know about the other things. Because if you can with an address do some algorithm to see which xpub it comes from, then you can find out all the other addresses that the xpub has created. Is any of this possible?

Can I without worry share my seed phrase publicly online if I only use a hidden wallet which uses a strong passphrase?

I will focus this explanation about usa because i know they do this stuff I'm going to say so everything I say is about usa.

Before police started having bodycams, we all know how terribly corrupt they used to be. With bodycams it became more difficult for them to be as blatantly corrupt as they used to be. But when we talk about the feds, the do everything in secret. That's what they are known for, especially CIA. Classified everything as a rule of thumb. That gives them freedom to be as corrupt as they want to be. No one will know because it's all done in the shadows. It's their word against ours.

Knowing all of the above, I think you can use your imagination on the countless amount of threats we innocent citizens face. They can do anything they want against us. We just have to hope they don't look in our direction. If we step on their foot in the line to buy a coffee, then that could be the motivation they needed to steal all your crypto.

There is a law in usa which lets feds force anyone the want to put a backdoor. They do it with a gag order so they can't tell anyone about it. Anything made in usa can't be trusted.

It's not about a total all encompassing attack against crypto. FBI is well known by now to be a political weapon and they have gone after very ruthlessly anyone who isn't left wing. If you say anything that is supportive of trump, maybe you will get swatted or have some fbi guy visit you. If they know you have crypto then they maybe will try to attack it.

With everything I've said, do you really trust a proprietary security chip?

I don't understand, can you please try explaining again? Do you mean that trezor suite connected to Model One, will receive the pin I enter? Do I enter the pin on the hw wallet device or do I enter the pin on computer that have trezor suite? You said Model One has a randomized keypad. Is that keypad on the hw wallet device or is it on trezor suite? It sounds very strange that trezor suite would be able to know what the pin is. There would be no reason to buy a Model One, it defeats the purpose of buying a hw wallet. Model One sounds like a medium warm or lukewarm wallet, not entirely hot wallet but not entirely cold wallet.

  I am not sure on the terminology I should use to correctly ask my questions so don't read it too literally. This topic is about Ledger and Trezor hardware wallets.

I want to understand better how a hardware wallet works compared to a wallet like sparrow or electrum for example.

In sparrow and electrum wallet, the server will know all your public addresses that are inside your wallet.
Is it the same way with a hardware wallet? When I connect the hw wallet to a third party wallet, will the server know all the addresses that are inside my hw wallet?

What I think is confusing is that hw wallets can have more than just bitcoin. They can have other coins like eth and sol and many more. That means a server shouldn't be able to get all the addresses on the hw wallet.

I am guessing it might be that the third party wallet will automatically get all the hw wallet addresses for every blockchain, then it's up to the third party wallet how it has been built. The third party wallet could and it seems to be the standard, query all addresses at the same time. All Bitcoin addresses get sent to a bitcoin server, all eth addresses get sent to a eth node, etc, everything done at the same time.

But in theory there could be third party wallet that give you a choice to not query all addresses at the same time.

I have also read 2 things that seem contradicting. There is a popular scam where they sell used hw wallets after they have copied the seed phrase so they can recover it later when the new owner puts money into it. That's why they officially warn to never buy second hand hw wallets. But I've also read you can create new seed phrase and private keys. You can have several wallets inside the he wallet and switch between them so third party wallets will not know about the other wallets you have on the hw wallet. If that's possible then the scam threat isn't that serious if you just create a new seed phrase?

A friend asked me if she can just create a new address in her hw wallet, will it be secret address? Or is it likely coinanalys or some bitcoin server would be able to link that new address to all the other ones inside the hw wallet?

Your post comes across as if you are uncertain. I don't know if you intended that. For example when you say "If.." as if you don't know if that is how it works and then making some wild guesses like "if that's how it works in bitcoin then it must be the same in ethereum".


VPNs are easy to trace. Anyone can just enter a simple command into their terminal to find out which VPN provider the IP belongs to. Switching servers don't change the VPN provider unless you switch to a server belonging to a different VPN provider. This was also just meant to be a simple example.


Not sure what you mean but with bitcoin you definitely need your own node.


You should explain why otherwise I have to use my imagination and guess what you are talking about.


Again you don't make any real argument here. You are just giving an opinion and I have to use my fantasy what you are talking about.


They have more than enough volume. Another benefit is you can mix stable coins which can be great during bear season or a longer lasting choppy market.

More volume isn't necessarily a good thing. If the other users who are mixing btc are not using tor then they don't actually count. You need other tor users to blend in with. And if they get deanonymized in any other way then that also doesn't count. Bitcoin is very difficult to have privacy in so most people are going to be denonymized. And when wallets like wasabi and other wallet have built in features for coinjoin then you will get a lot of users who know nothing about privacy, mixing their btc and they can make it seem like you have lots of transactions to blend in with but they actually don't help you.


You are wrong because you assumed I was right when I said you need lots of ETH to run a node. To run a validator you need lots of ETH but to run a node it's very similar to running a bitcoin node. So anyone can easily run an ethereum node for the privacy and security beneifits.

But it seems like you can't have an eth node on TOR though so that's a big and valid downside. But if you really believe that VPNs are great for privacy then that's not a problem. It's only a problem if you want tor.

I've been trying to find a secure and private wallet solution on bitcoin chain but it's quite a challenge. There seems to be downsides with every solution. I started wondering if things might be better on ethereum chain if I would keep wrapped btc there. I know that must be triggering to read this on bitcoin forum but please be open minded when you continue reading and then we can objectively discuss this.

That's why this topic is about the comparison on privacy between Ethereum and bitcoin. I don't necessarily mean eth vs btc coins. I mean the blockchains and everything we currently have built on them, not in the future or the past.

Both blockchains have by default bad privacy because they have completely open and transparant ledger. But it's still possible to have some privacy although how much is up for debate.

In bitcoin you have to do coin control to not mix UTXOs. You absolutely need your own bitcoin node otherwise coin control doesn't matter. You need TOR to hide your IP. VPN is unreliable and easier to trace than tor. For example, they can see which VPN provider you use. Another example if if you conjoin and almost everyone else us using TOR, and the few who use VPN all use a different provider. That means you are maybe the only one who used the vpn provider and then when you take the btc out on the other side you use the same vpn provider, easily tracked. Lastly you need coinjoin.

In ethereum I am not sure I understand everything. But instead of not mixing UTXO you should do same thing but not mix accounts aka addresses. Ethereum node requires a huge investment so we can't expect everyone to run their own node. What privacy penalties does that have? Maybe not having a node in ethereum isn't as important for privacy as it is in bitcoin? That would be convenient if that is the case because it takes a lot of resources to to run a bitcoin server (an SSD with 2 TB storage capacity). Additionally it seems that even if you had your own node, you can't run it with TOR (http://whonix.org/wiki/Ethereum#ETH_vs_Tor_generally). There are many "mixing" smart contracts and networks on ethereum so at least there ethereum has the advantage over bitcoin.

Lets evaluate which has better privacy. Or maybe they have almost the same level of privacy?
As a bonus, if it turns out many of us think that ethereum has equal or better privacy, we could also discuss the security between having btc on bitcoin vs having wrapped btc on ethereum.

wasabi cold wallet with VM possible?
In the wasabi docs I got my hopes up for a moment that it's possible to transfer some kind of file which is then signed then transferred back. But it seems that is only used with coldcard.
I would have liked if it's possible to transfer that file to another VM and then sign it there and then transfer back to the first VM again. The first VM is wasabi hot wallet and the second wallet is wasabi cold wallet which is the same software but the VM doesn't have an internet connection which makes it a cold wallet.
But is this possible with Wasabi?

Also is there really no way to do multi signing? It  would be great to be able to multi sign on different devices. Multi signing is the most secure feature a wallet can have because it protects against both hackers and robbers with threat of violence. The biggest threat then would be a vulnerability or back door in wasabi wallet.

The replies explaining how to use pypi are probably going to be helpful for someone but in my case and maybe this is something others haven't thought about, is Pypi dropped support for PGP signing. Pypi strips away and excludes any signing if someone tries to sign their package. Pypi uses a different way to verify based on Open ID Connect (OIDC). I think it's less secure and I don't like it. They made it that way because most people think it's complicated to use GPG. It's unfortunate they don't want to support both methods of verification.

I assume you know but in case others don't, is same thing as going to network setting in bitcoin-qt and then checking "deny incoming connections". This setting is about if you want your node to be public for everyone to use to use or if you want it to be private for yourself only.

If the solution was making bitcoin core a public server then that would be a bit contradictory to romanz/electrs whos selling point is it's made to be a private personal electrum server even though it can also handle being public if you configure it that way.

Fortunately/unfortunately changing listen to 1 did not solve the error.

Why would anyone use bitcoin instead of cash as money?
Cash is much superior because it can't be controlled and has no tracking or ledger or anything like that.
It makes no sense how people can be happy with a currency that has no privacy.

Satoshi had a good idea about "no one will know it's your bitcoin address". But the problem is that because bitcoin is so easily tracked and we have firms like coinanalysis, it's too hard to not have your identity linked to your bitcoin address.

But the point is that Satoshi understands privacy is important if your will use something as money. His idea was good but it failed because he didn't foresee how weak that privacy is about "no one will find out it's your bitcoin address".

I don't know the correct terminology for the difference between 127.0.0.1 and the range 10.0.0.0 to 10.255.255.255. Everything is local but it's not some thing. That range is for LAN? and 127.0.0.1 is for same machine.



electrum_rpc_addr is already by default 127.0.0.1:50001 so I didn't need to make that change.
I think I understand now that daemon-p2p-addr is for electrs to connect to bitcoin-qt. I think it's very  strange though that it can't be done locally. It makes me wonder why it can't be done locally, is there a good reason for why not?
Hopefully there are no security downsides to it being done this way. But it's still good that other electrum clients can't find my electrum server as long as I don't change the electrum_rpc_addr.

But Unfortunately it wasn't fixed with -daemon-p2p-addr 10.152.152.10:9111
It only changed the error to now being "receiving on an empty and disconnected channel". I can't find any useful information on on that error. It seems most people with that error solved it with -whitelist=download@127.0.0.1 on bitcoin-qt configuration. I tried that but it doesn't help. I tried also -whitelist=download@10.152.152.10
I also tried setting maxconnections to 12. It was default before.

It's very difficult for me to solve this because I'm pretty much just guessing and shooting in the dark because I don't have such a deep understanding of how everything works. And I think it shouldn't be this hard for an end user to start using electrs. Maybe it's because it's on whonix that it's more difficult.

The bitcoin.conf is quite standard and mostly defaults:

Also have rpcuser and rpcpassword configured but I of course won't share what it is set to.