☨ ▪ Founder
@SmarDex
▪ Husband and father of 4 ▪ Tweets = My personal opinions ▪ Building tomorrow one today at a time ▪ Determine never to be idle.
#Bitcoin
Another one got caught today, it's all over the papers. "Teenager Arrested in Computer Crime Scandal", "Hacker Arrested after Bank Tampering"... Damn kids. They're all alike.
But did you, in your three-piece psychology and 1950's technobrain, ever take a look behind the eyes of
Funny how all these "decentralized" derivative protocols are:
- built on not-so-decentralized L2s
- and/or are vulnerable to blatant manipulation
- and/or use counterparties controlled by centralized entities
and more...
Make Decentralized Great Again.
During
@LuganoPlanB
in October 2022, an unknown person sticked up this poster on the building.
Translation: "Your Bitcoin is so absurd that you won't even be able to shove it up your *ss when it loses all its value".
BTC price at time of pic: $20.6k.
I took it and framed it.
@KimDotcom
@trader1sz
lmao, your website itself says BTC is for value and BCH for transactions,
the website says "use BCH to pay but never hold it, you have BTC for that" 😂
The
#Bitcoin
network has to have produced the lowest SHA256 hashes known to man, right? The lowest one found so far was block 756951’s hash, with its 24 leading zeros (in hex).
@elonmusk
@TexasLindsay_
Grok is no better than OpenAI in this respect. I've tried to get it to tell real historical facts, but it refuses and is politically correct.
@LSDinmycoffee
100% of Chinese banks are state-owned. Increasing bankruptcies are putting pressure on reserves. China has been accumulating gold for years. Contagion would inevitably lead to the sale of gold to cover the damage. The market is anticipating (too much).
@pete_rizzo_
I mentioned Liberty Reserve to Nick Szabo a few months ago in Lugano.
He wasn't quite sure what it was, then said "ah yes, that thing, but it was centralized".
@LSDinmycoffee
You're absolutely right.
I wasn't necessarily talking "in theory" and on paper. In practice, the Chinese state has a stranglehold on the entire banking system. Unlike American banks, which can be saved with a dollar whose bonds will always find a buyer, China has difficulty