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    Home Unlabelled Bitcoin The Monetary Sovereignty War-cry: Proof of Keys - [Jan/3➞₿🔑∎]

    Bitcoin The Monetary Sovereignty War-cry: Proof of Keys - [Jan/3➞₿🔑∎]

    January 03, 2019

    Bitcoin The Monetary Sovereignty War-cry: Proof of Keys - [Jan/3➞₿��∎]

    The Monetary Sovereignty War-cry: Proof of Keys - [Jan/3➞₿��∎]

    Posted: 02 Jan 2019 04:33 PM PST

    TO All Soldiers for Monetary Sovereignty:

    Every January 3rd the Bitcoin community participates in a Proof of Keys celebration by demanding and taking possession of all bitcoins and other cryptocurrency held by trusted third parties on their behalf. You can do this by withdrawing all Bitcoin and other cryptocurrency to wallets where you hold the private keys and perform network consensus for validation.

    On 9 Dec 2018 Trace Mayer introduced the annual Proof of Keys celebration.

    This cultural tradition enables you, the individual, to prove your monetary sovereignty and strengthen the Bitcoin network by using a full-node for an economically substantive transaction(s). Together, on this day, all of us get to celebrate our monetary independence from trusted third parties (which are security holes!). And we strengthen the decentralization of the Bitcoin network in the process!

    ​

    This is a way for you to invest in yourself. There are a lot of people who want to keep you weak, dependent and enervated when it comes to your monetary sovereignty. You must take the personal responsibility and summon the desire to take action to declare your monetary independence and prove to yourself that you, and no-one else, hold the private keys to your own money.

    ​

    There has been much discussion on Reddit, Twitter and Youtube for those who need help with how to do this safely and securely. And those who were trained this year can become teachers next year. Even though we may be ensconced in our cold storage; we must never forget the new user and leave them behind and stranded on the battlefield of control over their money.

    ​

    Some helpful interviews about Proof of Keys include Crypt0 News, Crypto Cast Network, Let's Talk Bitcoin - With Andreas Antonopolous and What Bitcoin Did. Some helpful discussion includes storing bitcoins , Bitcoin's Security Model and Bitcoin Miners and Invalid Blocks.

    ​

    Perhaps most important is how this tradition helps educate, teach and train new users of Bitcoin. The effect on yourself is much more important than that on third parties or the Bitcoin network.

    ​

    Hopefully, everything will go smoothly and there will be no losses of funds, no shady behaviors or delays by exchanges or other third-parties and no significant Bitcoin network congestion. But even if there is, those are very minor costs to pay in the battle for monetary sovereignty.

    ​

    And if you already keep your bitcoins safely in cold storage and still want to join the community and participate then consider skipping a meal and instead buying $20+ worth of bitcoins and moving them into cold storage. Take more scarce territory on the Bitcoin blockchain!

    ​

    After all, having Proof of Keys is much better than 'Proof of Roger', MtGox, Silk Road), Bitfinex, Bitstamp, or some other possibly untrustworthy third party!

    ​

    There have even been some articles about third parties halting withdrawals in preparation like HitBTC.

    This video of Roger Ver was recorded on July 14, 2013 at the MTGOX headquarters. MtGox declared bankruptcy Feb 2014 announcing 850,000 bitcoins belonging to customers were missing.

    In conclusion, this magic Internet money thing is about a lot more than just making money. The battle over our monetary sovereignty is now a personal fight by each of us. We have rallied around the banner of Bitcoin because (1) it is the soundest and hardest money that is strictly limited in amount that the world has ever known and (2) it is a censorship-resistant decentralized network. But to maintain those properties requires eternal vigilance and protection by those who yearn for those protections.

    ​

    Thus, this battle over monetary sovereignty has only two possible outcomes: either (1) control of their own lives by the people themselves the world over or (2) control of the people and their lives by political and economic elitists.

    ​

    So, fellow soldiers on the battlefield of monetary sovereignty, every January Third join me in a Proof of Keys!

    ​

    Sincerely,

    Trace Mayer

    ​

    submitted by /u/bitcoinknowledge
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    Daily Discussion, January 03, 2019

    Posted: 02 Jan 2019 11:00 PM PST

    Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

    If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

    We have a couple chat rooms now!

    Please check the previous discussion thread for unanswered questions.

    submitted by /u/rBitcoinMod
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    Judge bitcoin by yearly lows, not all time highs.

    Posted: 02 Jan 2019 04:18 PM PST

    Today marks the day, The Bitcoin protocol has been running for 10 years. In just a decade, Bitcoin has become the most secure and robust transaction settlement network in the digital age, allowing for truly borderless and uncensorable value transfer. Happy Birthday, Bitcoin!

    Posted: 03 Jan 2019 12:15 AM PST

    Remember

    Posted: 02 Jan 2019 08:03 AM PST

    Bitcoin featured in "The Times" paper on its 10th Anniversary

    Posted: 02 Jan 2019 02:51 PM PST

    Just to let you know that yesterday I paid my dinner with BTC. Lisbon, Portugal.

    Posted: 03 Jan 2019 02:13 AM PST

    [Jan/3��]

    Posted: 03 Jan 2019 12:32 AM PST

    Proof of Keys over the last 9 years -UPVOTE if you think we should carry on the trend for year 10!

    Posted: 02 Jan 2019 01:24 PM PST

    10 Years to the First Bitcoin !

    Posted: 02 Jan 2019 11:05 AM PST

    Happy 10th birthday bitcoin ! Starting the Tour de Satoshi at Palazzo Medici Riccardi in Florence in this moment!

    Posted: 03 Jan 2019 12:16 AM PST

    Bitcoins immune system is awesome.

    Posted: 02 Jan 2019 11:26 AM PST

    Risk of Bitmain 51% attacking the network -> Antbleed, Dragonmint and others pushed it almost out of business.

    Bitpay became a bad player -> BTCServer, opennode and others are making them obsolete.

    Attacks of fear doubt and confusion -> people learn early "don't trust verify".

    Hackers targeting bitcoiners computers -> Hardware wallets were born

    Mybitcoin.com scammed users with half of their bitcoins -> motivation for the creation of the Electrum Wallet.

    MTGoxxed and other exchanges hacked or scam -> People hodling to their own keys.

    Coinbase supported many attacks on bitcoin -> decentralized exchanges on the rise.

    Blockchain.info, bitcoin.com name squatting scam -> part of the user education program.

    Scaling debate takeover attempts -> Segwit #UASF, Lightning network.

    ElextrumX Server dev added an altcoin as default -> Electrum Personal Server and Electrs came shortly after.

    Centralized shitcoins discourse 'more advanced', flippening' -> First large scale smart contract deployed is the Lightning network, others are sidechains and Simplicity.

    Internet censorship getting stronger -> Blockstream Satellite, gotenna, locha mesh.

    Bad actors, please keep those attacks coming.

    Fellow bitcoiners, cheers!

    submitted by /u/_revealer_
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    Happy 10th anniversary everybody!

    Posted: 02 Jan 2019 03:41 PM PST

    "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 🍻🥂☕️🥃🍷🍹

    submitted by /u/akaash00
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    "The Times 03/Jan/2009 Chancellor on brink of the second bailout for banks"

    Posted: 02 Jan 2019 11:15 AM PST

    Super Cool. BitMEX put an advertisement on The Times 03 Jan 2019.

    Posted: 02 Jan 2019 09:07 PM PST

    HODL all the way!

    Posted: 03 Jan 2019 03:01 AM PST

    My keys, my coin

    Posted: 02 Jan 2019 09:32 PM PST

    Best Practices When Using a Hardware Wallet

    Posted: 03 Jan 2019 01:50 AM PST

    Newspaper reference from Block Zero

    Posted: 02 Jan 2019 12:49 PM PST

    ��Happy 10th birthday bitcoin!��

    Posted: 02 Jan 2019 04:00 PM PST

    Bitcoin 10th anniversary article on The Guardian (UK)

    Posted: 03 Jan 2019 02:26 AM PST

    The "Happy Birthday Bitcoin" advertisement in the current Times has actually two more full pages with explanations

    Posted: 03 Jan 2019 02:12 AM PST

    List of exchanges to blacklist for failing Proof of Keys event.

    Posted: 02 Jan 2019 12:04 PM PST

    Seems like we should go ahead and get a list going on the exchanges that fail the proof of keys event.

    ​

    Current list of exchanges that have apparently FAILED proof of keys event:

    ​

    Exchange - Source:

    ​

    HitBTC - https://www.reddit.com/r/Bitcoin/comments/abokuo/psa_hitbtc_freezes_customers_accounts_ahead_of/

    ​

    Please share any news you find so we can keep this list up-to-date as the PoK event unfolds.

    submitted by /u/spectrefax
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    HitBTC invites wrath of Bitcoin community on Proof of Keys day

    Posted: 02 Jan 2019 11:45 PM PST

    thank you for proof of keys

    Posted: 02 Jan 2019 12:10 PM PST

    wishing you all a safe 2019, trust in numbers, trust in each other, never hand over full control.

    special thanks to trace mayer for taking the idea and making it a thing.

    submitted by /u/sotashi
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    Lightning VS Raiden: can watchtowers and monitoring services scale?

    Posted: 03 Jan 2019 02:13 AM PST

    Proof of Keys ��

    Posted: 02 Jan 2019 10:58 AM PST
    Read more
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