Value for Value āš”ļø


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Episode Summary

Welcome to the The Confab, the term derives from "confidential talk", which was commonly used in the Prohibition Era for meetings and conversations that took place in the smoky, rule-breaking speakeasies of that time. The informal, privacy focused and clandestine nature of Ungovernable Misfits lends itself to these discussions.Ā  So, grab a seat and a stiff drink from the concealed bar, listen and revel in the conversation.On this episode, Urban Hacker drops-in to speak with Max Show Discussion I. The Importance of Privacy in BitcoinĀ  Ā A. Explanation of Bitcoin's transparent nature and UTXO modelĀ  Ā B. Risks of public transaction historyĀ  Ā  Ā  1. Physical security risks from revealing wealthĀ  Ā  Ā  2. Liability for others' misuse of your BitcoinĀ  Ā C. Comparison to privacy in traditional financial systemsII. The Loss of Privacy ToolsĀ  Ā A. The shutdown of Samourai Wallet, Whirlpool, and WasabiĀ  Ā B. Expressing concern over the lack of pushback and people cheering the loss of these toolsĀ  Ā C. Acknowledging the bravery of the developers who were arrestedIII. Advice for Users Affected by the Loss of Privacy ToolsĀ  Ā A. Recommendations for users with funds in Samourai WalletĀ  Ā  Ā  1. Do not panic, funds are safeĀ  Ā  Ā  2. Disable auto-update, consider restoring to a new deviceĀ  Ā  Ā  3. Prioritize using your own Dojo or setting up a new nodeĀ  Ā B. Discussing the privacy implications of using Wasabi going forwardĀ  Ā  Ā  1. Technical limitations and centralization concernsĀ  Ā  Ā  2. Potential for further shutdownsIV. Exploring Alternative Privacy SolutionsĀ  Ā A. JoinMarketĀ  Ā  Ā  1. How it works, maker-taker modelĀ  Ā  Ā  2. Challenges around liquidity and fixed denominationsĀ  Ā  Ā  3. Potential for collaborative setupsĀ  Ā B. Using MoneroĀ  Ā  Ā  1. Benefits of Monero's privacy-by-default approachĀ  Ā  Ā  2. Considerations around KYC, exchange interactions, and node operationĀ  Ā  Ā  3. Recommendations for using Monero as a spending toolV. Call to Action and ClosingĀ  Ā A. Encouraging people to take privacy seriously and not give upĀ  Ā B. Highlighting the importance of running your own nodeĀ  Ā C. Offering help and consulting services from the guest, Urban HackerĀ  Ā D. Wrap-up and appreciation for the guest's time and insightsLOOKING FOR A CYBER SECURITY CONSULT?Visit Urban's website https://urbanhacker.net/cybersecurity/ to book a free 30 minute call!IMPORTANT LINKSĀ https://freesamourai.comhttps://p2prights.org/donate.htmlhttps://www.courtlistener.com/docket/68467223/united-states-v-rodriguez/https://x.com/frankcorva/status/1795509090946363682SHOW SPONSORSFOUNDATION (https://foundationdevices.com/ung
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  • KYC is nasty