Stuck In The Middle | The Confab 04: Seth For Privacy

Update: 2024-07-10

Description

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. So, grab a seat and a stiff drink from the concealed bar, listen and revel in the conversation.

On this episode, Seth For Privacy drops-in to speak with Max

Show Discussion

I. Introduction and Background
- Explanation of the "Confab" format and the importance of private conversations
- Acknowledgment of the changing privacy landscape and the need for reasonable voices

II. The State of Bitcoin Privacy
- Discussion of the loss of Samourai Wallet and the impact on Bitcoin privacy
- Challenges with using Lightning Network for private transactions

III. The Role of Monero
- Appreciation for Monero's narrow focus on digital cash and its privacy improvements over time
- Comparing the strengths and weaknesses of Bitcoin and Monero for privacy

IV. Strategies for Maintaining Privacy
- Exploring the concept of using Monero as a "layer 2" for Bitcoin
- Importance of understanding the trade-offs and risks of various privacy techniques

V. Emerging Privacy Solutions
- Overview of silent payments and the potential of Bolt 12 for Lightning privacy
- Discussion of Monero's upcoming "full chain membership proofs" upgrade

VI. Practical Considerations and Cautions
- Advice on using Monero wallets and managing inputs/outputs
- Warnings about the risks of cross-chain swaps and custodial services

VII. Spending Monero and Finding Merchant Acceptance
- Recommendations for services like Cake Pay and Coin Cards
- Importance of in-person purchases to maintain privacy

VIII. Conclusion and Closing Thoughts
- Appreciation for the guest's honesty and nuanced approach to privacy
- Encouragement to continue the conversation and collaborate on solutions

IMPORTANT LINKS

SHOW SPONSORS

FOUNDATION (https://foundationdevices.com/ungovernable)

Foundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.

As a sovereign computing company, Foundation is the antithesis of today’s tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can’t be evil,”

Thank you Foundation Devices for sponsoring the show.

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(00:00:00 ) INTRO 🏴‍☠️🖕

(00:01:08 ) BOOSTS ⚡️

(00:03:06 ) THANK YOU FOUNDATION 🤝

(00:04:40 ) Welcome to The Confab Seth

(00:10:24 ) Dipping the Toes Into the Monero Water

(00:12:04 ) Monero as a Privacy Tool 🛠

(00:17:33 ) Different Risks for Different Pricks

(00:22:04 ) Laptop + Start9 = Good 👍 Node Setup

(00:24:39 ) Storing Wealth In Bitcoin Without Privacy

(00:34:43 ) Coming Back Around to Lightning

(00:39:51 ) The 💩 Coin Wallets

(00:42:01 ) Influencer Infiltration