How to build a secure computer for storing digital crypto assets

[pstrusi]

We don't believe on Bitcoin for many reasons, but one of the very simple reasons is that it is easily replicated.
Things that have value around the world are unique, there are like 3K copies of Bitcoin. It is too easy to copy.

You are right, Soft Engs don't like Bitcoin, it is a glorified database with a penalty on newly created items. Who would pay money for that? It is like I create a MySQL database and I ask you to pay me money every time you insert a record, hilarious.

It had value when it was unique and was part of a group of people that used it to bypass regulations, or buy items in underground markets, nowadays is just another asset that you can buy with dollars. With many many flaws.

If you look at all big names around Bitcoin they have the same personality, none of them have an engineering background, the ones they understand sofware forked the coin and made something better, like Ethereum, for example.

I wonder if David Kielman was alive and saw what his coin has become to, if he would actually try to exploit it.
Pretty much like Craig has been saying all along, someone with several PHDs, one of them in Security, an eminence in many fields is throwing up every time people talk about their coin. It was never intended to be the most bizarre representation of greed in the markets. It was supposed to be something to create an equal economic system to get rid of the actual rooted one, and it became so much a part of it that it sucks.

So yeah, we don't like shitcoins, because we understand them.

I've read all of your replies in this thread and I'd genuinely like to thank you for the intelligent info. I wish I had been a software engineer, instead, I've been an analyst and trader for too long but at least I can code Algos. It's a different war as you can imagine. Any career gives us valuable wisdom, still, I think yours is more fulfilling in the creative process.

I think the same about bitcoin but from an economic perspective. It does not have any intrinsic value. What's unique about it nowadays? It has some capabilities but so do the 3k of other coins.

 

[Drawdown Addict]

I think the same about bitcoin but from an economic perspective. It does not have any intrinsic value. What's unique about it nowadays? It has some capabilities but so do the 3k of other coins.

I think the lack of intrinsic value is a major issue, and it is related to the fact that it doesn't solve a problem.
People do not use Bitcoin on a daily basis simply because they don't have to.
Crypto fans will tell you that they fire transactions when they want to and will give you examples of goods they bought with Bitcoin, but at the end of the day they keep buying their bread and butter with fiat.

We can enumerate many reasons but here are a few:

• Lack of protection. Crypto transactions cannot be returned in case of a dispute.
• Banks and financial institution on a race to keep control of cryptos. Coiners see that as an "adoption" but it is simply another asset on the same hands. The minute you have to provide your passport in order to operate with cryptos it denies the whole purpose of it.
  
• Constant conversion to fiat to understand their value. It is not a principal currency in any country so people have to convert it to their standard currency to understand the cost of goods.
  
• Volatility. Something that has a value of x, tomorrow might have increased/decreased a 20% suddenly. It was amazing when people kept seeing their accounts going green for years, but speak to the ones that bought Bitcoin at 60K and you will see a completely different picture.
  
• Environmental issues. People do not care much about this one, otherwise it would have disappeared already, but it is obvious that is not efficient so it can't become a standard the way it is now.
• Scarcity. It was limited to have a number of coins, so there won't be for everyone. The ones that have it keep saying that they belong to a futuristic elite, and they ones that don't have any cannot care less about it. Coiners will bring divisions like Satoshis and fancy names like that in order to make them available for everyone but why wouldn't you use another coin that is not limited? Simple as that.
  
• It is not a hedge against inflation. We have seen Bitcoin dropping the very same way market did, and even more. What did institutions do to hedge their risk? The same they always do, buy gold. Why? because it is unique, it is a metal, a standard and cannot be replicated with proper regulations in place.
• It is not an alternative in difficult times like international conflicts. Many have pointed out that they have sent Bitcoin to help people in need, but they don't include in the story that they are able to send those coins to people that have an infrastructure in place, with electricity and an internet connection, now try to do that in a war zone and you will see the result. Cryptos work in established societies where we have proper infrastructures in place. Places where they don't really need them.
• Greed. It is obvious that many are in because it is a way to increase their belongings, their value in fiat by trading the coin in the markets. Once cryptos have stopped the insane volatility they were showing, traders have moved to other fields looking for more action.
• Link to Tether, probably the worst one. Bitfinex is able to produce Tethers out of thin air, making them an unfair player in the market. Many would say that they behave exactly like the Fed and I agree, but again, that doesn't solve a problem, it replicates one.

 

[Cryptjitsu]

2. Setup a new google email account. Secure this google account with a 2FA
2a. Install google chrome or google chrome beta and login with the account above

You have got to be trolling.

 

[johnarb]

You have got to be trolling.

Oh you're laughing? Instead of taking advantage of valuable info I shared, lol

I'll throw you a bone since I don't need it anymore as I live in Asia

Mexc exchange is a non-kyc exchange, all you need is an email (google fake email you're laughing at) and you can withdraw non-kyc bitcoins up to 20 btc's a day by exchanging your altcoins

VPN to south korea or mexc will reject you

You're welcome

 

[Cryptjitsu]

Oh you're laughing? Instead of taking advantage of valuable info I shared, lol

I'll throw you a bone since I don't need it anymore as I live in Asia

Mexc exchange is a non-kyc exchange, all you need is an email (google fake email you're laughing at) and you can withdraw non-kyc bitcoins up to 20 btc's a day by exchanging your altcoins

VPN to south korea or mexc will reject you

You're welcome

I wouldnt know ANYTHING about MEXC or non-KYC CEXs.
But anyway.

Using gmail is the specific part I was making fun off.
Especially from a Linux guy.
That is pretty funny.

 

[johnarb]

I wouldnt know ANYTHING about MEXC or non-KYC CEXs.
But anyway.

Using gmail is the specific part I was making fun off.
Especially from a Linux guy.
That is pretty funny.

Using fake gmail on a dedicated linux builit from scratch, with no ties to real world identity, anyway you should read the whole thread and intents

I suppose you don't also know about throw away prepaid sims...

 

[Cryptjitsu]

Using fake gmail on a dedicated linux builit from scratch, with no ties to real world identity, anyway you should read the whole thread and intents

I suppose you don't also know about throw away prepaid sims...

Google collects your data, whatever they can, aside from whatever you submit when making the account. It's silly to use gmail in the first place, if you have such a concern for privacy & security. That's the point

 

[johnarb]

Google collects your data, whatever they can, aside from whatever you submit when making the account. It's silly to use gmail in the first place, if you have such a concern for privacy & security. That's the point

Yes, but in context of the thread, privacy is sacrificed to Google dot com in order to utilize the required tools, i.e. storage of information and web extension

Remember, dedicated linux computer with no ties to real-world accounts, think of it as a burner phone, but in this case burner computer,

Sure, there are other steps that could be done, in addition to VPN, such as a dedicated ISP on a prepaid non-kyc phone hotspot, but as mentioned in the thread, the goal is not to protect from certain adversaries

If nation state actors or a wealthy individual or team that has vast amount of resources are after you, they will surely get you, the life question you'd have to ask is how you got to that point where they are after you and this thread is not your answer

 

[Drawdown Addict]

Yes, but in context of the thread, privacy is sacrificed to Google dot com in order to utilize the required tools, i.e. storage of information and web extension

Remember, dedicated linux computer with no ties to real-world accounts, think of it as a burner phone, but in this case burner computer,

Sure, there are other steps that could be done, in addition to VPN, such as a dedicated ISP on a prepaid non-kyc phone hotspot, but as mentioned in the thread, the goal is not to protect from certain adversaries

If nation state actors or a wealthy individual or team that has vast amount of resources are after you, they will surely get you, the life question you'd have to ask is how you got to that point where they are after you and this thread is not your answer

 

[Cryptjitsu]

Yes, but in context of the thread, privacy is sacrificed to Google dot com in order to utilize the required tools, i.e. storage of information and web extension

Remember, dedicated linux computer with no ties to real-world accounts, think of it as a burner phone, but in this case burner computer,

Sure, there are other steps that could be done, in addition to VPN, such as a dedicated ISP on a prepaid non-kyc phone hotspot, but as mentioned in the thread, the goal is not to protect from certain adversaries

If nation state actors or a wealthy individual or team that has vast amount of resources are after you, they will surely get you, the life question you'd have to ask is how you got to that point where they are after you and this thread is not your answer

You can just run your own email server, considering the steps you have outlined here. Or at least use protonmail. Other anon email services already exist.
Also, why use Chrome? I stopped using Chrome for everything over a year ago, and Im kinda late to that party.