• KinNectar@kbin.run
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    11 months ago

    Red pill all the way. Personal experience gains to be had. Also of course there is the prospect of crypto billionairedom.

    • DragonTypeWyvern@literature.cafe
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      11 months ago

      Depending on your starting point there’s a lot better opportunities out there that are less vulnerable to losing it all to a random hacker.

      • KinNectar@kbin.run
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        11 months ago

        I’m not saying I won’t be buying real estate in San Francisco, Magic The Gathering cards, and shares in big tech, but a solid backbone of 1000x value bitcoin is hard to beat on multiples.

      • KinNectar@kbin.run
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        11 months ago

        Actually bitcoin on a physical harddrive purchased at $50 or below stored in a safety deposit box is pretty ironclad.

          • psud@lemmy.world
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            11 months ago

            Spinning hard drives last for decades. You can pretty absolutely protect yourself by storing two with multiple copies of the key each

            • BCsven@lemmy.ca
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              11 months ago

              They are succeptible to magnetic degradation, its why you go to open a jpeg from 8 years ago and some are suddenly corrupt. You have to leave them in a RAID setup with sonething self healing like ZFS. They are way more reliable than cold storage SSD ( which can start bitrot in as little as a month) but for cold storage magnetic tape is better

              • psud@lemmy.world
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                11 months ago

                Tape is just as susceptible to magnets, though it is a more stable medium. It’s not like they’ll be exposed to significant magnetic fields though

                • BCsven@lemmy.ca
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                  11 months ago

                  Its not just significant magnetic field ( apparently we do have geo magnetic storms that corrupt data) it is that assigning the 1 /0 bit is not permanent. The 1 or 0 you store fades with time as it wants to lose its assigned magnetism. You might be fine for 10 years, or you might lose a critical bit corrupting a file. it is why archival experts suggest if it is critical data stored offline you need to store on two or more different mediums, because “1 copy is not a backup”. Anyway, we are getting deep in the weeds of data entropy and recovery and I think your original comment was meant as being helpful to the lay-person…whom may not actually care to much if they lose a file or two, unless it is a crypto wallet key–i would trust those M series BluRay archival format since the laser alters the disk, but printing out on paper as another copy

          • explodicle@local106.com
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            11 months ago

            That was a lot more difficult before BIP39 seed phrases were invented. You could of course write down anything, but there would’ve been a lot of room for error.

      • psud@lemmy.world
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        11 months ago

        Many of us are tech nerds. We know that those who lost bitcoin to hacks trusted coin exchanges too much.

        The people who kept their wallet offline are fine Those who kept their wallet in the cloud are poor

      • explodicle@local106.com
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        11 months ago

        Since we get all the information we have now: the correct answer was Bitcoin Armory. You’d have a dedicated computer just for signing transactions, carried back and forth over flash drives.

    • greenskye@lemm.ee
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      11 months ago

      Red pill effectively kills your current spouse and kids if you have any. Also trying to re-engineer the relationship with your original spouse all over again seems like it’d be really creepy. If you go back, you effectively need to find someone else. Couldn’t do that.

        • greenskye@lemm.ee
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          11 months ago

          Sure, but you’re throwing away your current spouse and kid in favor of a do over. That’s pretty cold.

          • psud@lemmy.world
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            11 months ago

            Is it unethical to leave a partner? Should we censure Paul Simon for 50 ways to leave your lover?

            (Not addressing the kid bit, since it does seem a tad cold to unexistify someone for little fault of their own, also no one but you mentioned kids)

            • greenskye@lemm.ee
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              11 months ago

              I mean if you were going to divorce your partner, then by all means take the red pill. You’d probably both be better off then. I was speaking of presumably happy marriages.

              • psud@lemmy.world
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                11 months ago

                I guess if you’re in the perfect partnership you and your partner could simultaneously take the red pill :)