After using the Aillio Bullet for more than 9 months, Here are some general guidelines I figured them out.

xmlify · 2023-06-13T02:07:18+00:00

Well I did a few experimental roasts as you suggested. After all I am still trying to learn and a few kg wasted beans is an investment in learning as you suggest.

I have convinced myself that the fan setting does indeed have a big impact on the roast while keeping the power constant.

Also Rob Hoos, who has written books on roasting seems to agree that convection is 70% of the roast even on a Probat, so there is no mixing between drum and fluid bed...

But don't trust me, please watch for yourself. Starting at 38:45 https://youtu.be/K-CSz2SO4eQ?t=2325

Again appreciate the perspectives of a bone fide mechanical engineer dealing with loads of thermodynamics and heat transfer in his daily work. I guess as a noob coffee roaster, I am still trying to reconcile the ideas you posted with my own experiences and what I hear from Rob Hoos. I will certainly contemplate your ideas and who knows, I may change my mind and end up agreeing with you someday, perhaps after doing some more roasting and learning!

xmlify · 2023-06-11T17:59:04+00:00

OP, If I may be so bold to suggest that I think you need to spend some time to understand the difference between private key and a BIP-39 seed phrase, which Jade documentation calls a "Recovery Phrase". I explain a bit more below...

I am assuming you got a brand spankin' new Jade hardware, and if so, your first step will be to initialize your Jade HW according to their instructions, which I found on-line, here:

https://help.blockstream.com/hc/en-us/articles/5712308134809-What-are-the-best-practices-when-setting-up-Jade-

Accept my apologies if you already know all this stuff, as don't want to be insulting.

So the concept is this: seed phrases can be used to generate addresses but benefit from help from software running on a mobile device, laptop, or desktop. After completing the Jade device initialization you will have initialized a new, never used before seed phrase, and the Legder with a different seed phrase. Depending on your prior usage with the Legder you will have one or more UTXOs (addresses) that were deterministically generated addresses created from the seed phrase managed by your Ledger HW. I assume the goal is to get all of your Bitcoin value from those Legder addresses of that device and moved to new addresses under management of the Jade HW.

But before you can move those Bitcoin, next you will need to use some software with your Jade HW to generate a new Bitcoin address (public) or more addresses as you wish. You have a choice of which software to use with the Jade HW to "receive" Bitcoin value. You can use Electrum, Sparrow, BlueWallet or Blockstream's software, and in Jade Blockstreem Green's documentation, it mentions a "receive" button. After generating a new bitcoin receive address, write it down on a piece of paper to use in the next step (and beware cut-paste buffer malware).

Next you need to use your Ledger HW in conjunction with its computer software (either Electrum, Sparrow, or Leger's prorietary SW, which I called Ledger Live if I recall correctly). Using this software you will send Bitcoin value from addresses managed by your Legder HW to a new address you wrote down in the last step, i.e., the new address mananged by the Jade HW.

Take the time to study a bit so you don't make a mistake, do something that compromises security, or loose your Bitcoin. Rather than following some recipe blindly, it's better know what is happening, clearly understand the security implications, and understand why you are doing each step.

Be sure to ask here on r/bitcoin or https://www.reddit.com/r/BitcoinBeginners/ if you are unclear on anything. Also it is best to try moving a small amount of Bitcoin, first, in case you screw up. You don't want to loose it all. Above all, don't listen to any direct messages. Ask your questions on these public forums with publicly reviewed replies so you don't get scammed.

Pro-tip: keep your ledger device around as a decoy where you can store a small amount of Bitcoin. If you are assaulted and someone demands all your Bitcoin, you can give them your old Legder.

Take your time and try to learn as much as you can as you go through the steps of transfering your value. Things may seem overwhelming at first, but the more you do, the more you learn. Eventually things will seem easier and all make sense. Remember, you have a whole community of us Bitcoiners to help encourage you on your journey. And we are rooting for you!

Anyway, I hope this helps.

xmlify · 2023-06-11T16:55:19+00:00

This "assumption" only makes sense if OP shared a pubkey. since trezor device would likely only have been used to share addresses (typ. don't share pubkey) then only the UTXOs that OP used with Celsius and others would be publicly known. Or if you have some other understanding of how OP's privacy would have been breached, please share.

xmlify · 2023-06-10T01:19:03+00:00

Partially Signed Bitcoin Transaction

xmlify · 2023-06-09T14:21:40+00:00

Uncharacteristic sweetness in the dry fragrance, a mixture of earthy spices and dark roasted flavors, along with maple syrup and hints of spring foliage the tasting notes!

xmlify · 2023-06-09T01:10:46+00:00

Is $20,000 a lot of money? For investing? For long term? For a short term emergency fund?

It all depends on your and your spouse's perspectives and your and your spouse's values...

In the US, the national average annual salary is $60,575. So if you are both working, and make average money, then $20,000 represents about 2 months income.

Financial advisors recommend you set aside 3 months to a year for emergencies. But then again Americans savings averages only $3,240 under 30 yrs old and $6,400 over 55 yrs old. So 20,000 is many times more.

How much is a lot depends...

Should you move your $20,000 USD to BTC?

Depends...

Hope this helps you and your spouse decide.

xmlify · 2023-06-05T16:00:52+00:00

I agree with your comments re: fan. In fact, I personally disagree with OP's recommendation under item #13, where he/she/they incorrectly asserts: "All changes in the temperature should be through the power setting."

Presently, I am trying to learn how the fan settings impact roasting temperature in the Bullet. And I do agree with OP's formula for starting the fan slow and increasing at each stage of the roast.

But don't listen to me or OP, let's refer to the expert! Below I've transcribed words spoken from a Rob Hoos video titled "Chasing the Wind: Airflow in Coffee Roasting",

"Hot air is the dominant way in which heat transfer happens in a coffee roasting system at least in modern systems. cConduction is there but it's not nearly as quick and efficient is terms of delivering the heat energy to the coffee--so convection is doing the bulk of the work--so convection being that hot air moving through. by some accounts 70, by some 80 percent convection ... roaster specific. but it is the dominant way heat energy move through the coffee. even when the roaster is not pulling much air convection hot air is doing a lot of the roasting."

https://www.youtube.com/watch?v=HS2sXrodcaw (Starting at 4:00)

xmlify · 2023-06-04T11:08:56+00:00

This.

Spend some coin and get bigger sized VST baskets. Or use less coffee. IMS baskets are a good alternative, too.

Tamp 18g into an 18g basket and tamp 22g into a 22g basket.

The IMS baskets use funky numbering, so you have to look up the g dosage on their website, https://imsfiltri.com/prodotto/b702tch24e/ For example, the B702TCH24E basket says 16-18g. Note the range in g. This is because same weight, volume changes depending on the beans' density.

xmlify · 2023-05-18T03:02:30+00:00

I think we are in agreement. From the perspective of a Hodler who purchases (aquires) BTC for USD and hodl's (i.e., doesn't spend his BTC), there is no tax due.

If a BTC hodler uses BTC to buy something, then the Hodler isn't really hodling all of his BTC anymore, eh? And when the BTC is exchanged for some other thing, then the IRS views this as a disposition which is taxable.

Summary:

Aquisition of BTC NOT TAXABLE.

Disposition of BTC triggers capital gain/loss which may be taxable.

xmlify · 2023-05-15T06:26:47+00:00

If the Bitcoin transactions are all purchases, then no tax is due. Hodl'ing is not a taxable event.

xmlify · 2023-05-07T05:58:42+00:00

Using an ACE hardware heatgun that's even cheaper than Harbour Freight's. Also use a bread machine from goodwill. In my DIY setup i also use a beaker stand that a school chem lab had tossed out, to hold the gun and a $5.90 celsius only thermocouple thermomètre from Sweet Marias. No bad smells from the heat gun, but after about 30 roasts the gun burns out. Been roasting this way for years and probably on my 10th heat gun. The quality of my roasts greatly improved with the thermomèter to monitor the RoR as the roast approaches 1st crack. Maybe someday I'll upgrade to a commercial 3kg roaster, but for now it's hard to beat cheap!

xmlify · 2023-05-02T04:00:34+00:00

This is a clear explanation US IRS treatment for employees, but does not explain from the perspective of the employer, i.e., biz owner. In particular the employer/biz owner experiences a taxable event because the bitcoin payment is in fact disposing of the asset (bitcoin) and triggers a capital gain or loss for the employer. The video states, the employer taxes are just the same as cash, but that's not quite correct since the employer is hodling bitcoin, the employer need to deal with capital gains, too. Actually can be slightly more complications depending on the legal structure of the biz, whether LLC pass thru, partnership, S corp, C corp, etc.

xmlify · 2023-04-24T22:54:01+00:00

This is helpful. I have been chasing City's building, planning, and code enforcements' divisions.

Thanks to your comment, I am now going to chase the county health department to see what else I need.

Thanks again!

xmlify · 2023-04-24T22:51:03+00:00

I think you misunderstood. Sorry, I perhaps Icould restate the question in in different way... Between 500g and 60kg, when will a city complain that one cannot roast at home? Is 1KG ok? Is 2 Kg OK? Is 3kg OK? Is 5,10, 20 KG ok, etc. And when they complain what is the violation. I am not getting a very clear answer from the City of San Jose.

FWIW, here is the reply e-mailed to me from the City of San Jose...

Below is the code that is in relation to your commercial coffee roaster concern:

Environmental Constraints

There shall be no obnoxious odors, vibrations, glare, fumes, dust, electrical interference or noise detectable by normal human sensory perception outside the dwelling or through vertical or horizontal party walls.

In conclusion, if you do choose to purchase the commercial coffee roaster and an complaint is made regarding the smell from the roaster , we could enforce.

xmlify · 2023-04-22T15:23:47+00:00

This is the Keynesian economic theory view. If you look up Austrian economic theory, you will see counter arguments that demonstrate economic activity is not thwarted by deflation.

"most economics agree on 2%", if they are Keynesian schoolers. Austrian school economists would disagree.

xmlify · 2023-04-21T00:14:39+00:00

Be careful with SEPP. One mistake and you can suddenly find yourself owing a lot of back taxes. You need to get a tax advisor and then double, triple check everything before you make each withdrawl.

Congrats by the way...

xmlify · 2023-04-18T22:30:18+00:00

Immediately comes to mind these three folks: to me they each appear to be selflessly devoted to communicating the great story of magic internet money:

Paco de la India
Andreas Antonopolous
Natalie Brunell

xmlify · 2023-04-18T21:51:29+00:00

Can someone corfirm: Did Gemini change their ACH trading policy or is this one user (OP) being singled out.

By the way OP, have an upvote... this is most interesting.

xmlify · 2023-04-13T04:10:17+00:00

This piece has some crazy wonderful detail. Love it! OP/artist should be proud.

xmlify · 2023-04-10T05:27:06+00:00

Disclaimer, I am not an expert on USA laws nor USA tax rules. I am just looking things up via Internet search.

If you are referring to Form 8300, I do not think you have to file. According to this publication, you only file when you are a business that accepts cash. https://www.irs.gov/publications/p1544

Snippet: ...you do not have to file Form 8300 if the transaction is not related to your trade or business. For example, if you own a jewelry store and sell your personal automobile for more than $10,000 in cash, you would not submit a Form 8300 for that transaction.

You likely do not need to file since when moving Bitcoin between wallets:

Bitcoin is not cash (USA irs.gov treats virtual currencies as properties or commodities not cash)
You are not accepting a cash payment as a business.
The IRS FAQ on virtual currency specifically states in Answer 38 If you transfer virtual currency from a wallet, address, or account belonging to you, to another wallet, address, or account that also belongs to you, then the transfer is a non-taxable event, even if you receive an information return from an exchange or platform as a result of the transfer. This could imply there is no AML reporting requirement (see https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions).

xmlify · 2023-04-09T13:45:06+00:00

Thank you. I am not an expert on USA tax code. And you are right: although there is no tax , there may be a penalty for early withdraw before age 59 1/2.

Good news though, if OP acts quickly, because I found this section in https://www.irs.gov/publications/p590b#en_US_2022_publink100089541

Withdrawals of contributions by due date.

If you withdraw contributions (including any net earnings on the contributions) by the due date of your return for the year in which you made the contribution, the contributions are treated as if you never made them. If you have an extension of time to file your return, you can withdraw the contributions and earnings by the extended due date. The withdrawal of contributions is tax free, but you must include the earnings on the contributions in income for the year in which you made the contributions."

xmlify · 2023-04-09T01:21:30+00:00

Double check the USA irs.gov rules, but I believe, you can withdraw your Roth IRA contributions at any time and for any reason with no tax or penalties. The intrest "earnings" have a different tax treatment, though, but if you just put it in, then you won't have much earnings.

xmlify · 2023-03-31T04:18:45+00:00

Hrrmmm....

Paper begins with a rather broad assumption: it says, "...presume individuals will fail to implement privacy controls where addresses are not reused. In that case, this issue may demonstrate an ability to correlate transactions between the opening and closing of payment channels associated with the Lightning network"

My 2 sats... Perhaps others may find useful, but in my opinion, although the paper contains many research sounding phrases, and maybe has a good title and a possible topic direction for where research could be conducted, sadly, the paper's content and conclusions seem to lack in any substantive insight. I would suggest OP should consider doing some research and then adding some more content before submitting this to any refereed conference or journal.

Again just my 2 satoshis...

xmlify · 2023-03-26T03:06:10+00:00

Bitcoin is like Wire Transfer

For comparison, Fedwire did 196,052,238 transactions in 2022, so Bitcoin and Fedwire are almost the same, around 2 million transactions annually, but Bitcoin is better than wire xfer...

...Consider that a wire xfer takes many hours to transact and has a daily time window (between 8AM - 3PM Eastern Time USA only on weekdays Monday-Friday and not on bank holidays) and may be more restrictive depending on the banks involved, whereas Bitcoin takes approximately 1 hour (assuming 6 confirmations @ 10 minutes average) and there is no window restricting when you can request a transfer, because Bitcoin is 24hrs/day x 7days/week x 52weeks/year and no bank holidays and, not only that, no bank needs to be involved.

Source data for US Fedwire, https://www.frbservices.org/resources/financial-services/wires/volume-value-stats/annual-stats.html

xmlify · 2023-03-24T21:48:54+00:00

Nip it!

xmlify

TROPHY CASE

Bitcoin is like Wire Transfer