1st Class Bitcoin citizen: Owning private keys 🔑 and verifying you have bitcoins on those keys yourself with a personal full node 🛡
Tyrant for small blocks 🔫
Three years ago I made a bet with
@ErikVoorhees
.
We bet that the marketcap of a bag of coins he posted on his account to his followers will decrease in value if held on a 3 year period compared to just holding
#Bitcoin
.
@disclosetv
First the app/passport will segregate between vaccinated/not vaccinated, and after everyone uses it it will introduce new parameters like good citizen/bad citizen based on your behaviour.
This "passport" is just a backdoor chinese social score system.
I will end on a good note and the best moment for me of this trip. Was at Point Break Coffee Shop in El Tunco and received the bill and reached for my wallet and the waiter said "No, we'd prefer payment with Bitcoin". That made my day. There is a new world out there.
"If you call it shitcoins, I wanna know about it because I know there's opportunity because you're being dumb (..) because you've got a closed mind."
@RaoulGMI
I don't care which is the next country to adopt
#Bitcoin
as legal tender. I already adopted it for myself. I will accept bitcoin for any debt or payment. This is what matters: that all people adopt it for themselves. It's the sovereign way. Countries don't matter.
But decided the next day to call the english support line of chivo. After explaining the situation they said, I kid you not, these exact words: "Please call Lightning to reimburse you."
In this industry there is this perception that shitcoins will always perform like Bitcoin did. And so many people lose money and never come back.
Just hold
#Bitcoin
if you want to go for the long run.
Forgot to add one thing. Everyone that did have chivo had no sats in it. So seems the ones that did get the $30 just sold them. Also a local lady told me her family would never install an app from the gov and don't want their money. People still feel the pain from the past.
Now my biggest pet peeve of this experience is that most LN wallets (bitcoinbeach and chivo and others) show the balance of the shop or the waiter whenever I wanted to tip or pay the bill. This is unacceptable from a privacy point of view.
This is a short tutorial how to get Bitcoin Core working on the new RockChip RK3566, a small SBC that has an M2 socket directly on it. The board itself is also more slim and would make for a great full node for travelers.
Every time Bitcoin was attacked, it became stronger. When bcash was attacked, it got crippled so bad that it could be irreversible. That is how you know which is the real Bitcoin, if anyone had any doubts.
@francispouliot_
@pierre_rochard
@BitcoinErrorLog
So many times in history when politicians created inflation by printing money they blamed the entrepreneurs in order to divert public's anger. That's how you get to communism.
Since then the ratio of the bag of coins compared to Bitcoin marketcap decreased from 56% to 47%.
These coins have been handpicked by Erik who is an OG that owns an exchange and has the highest knowledge about all the "tech" in crypto world. You're better than him.. right anon?
@PeterSchiff
@adimugri
Gold does not have to be a corporation to be a security. It's does not need any officers. All the SEC has to allege is that people buy gold in anticipate of selling it for a profit, and that others profit from their efforts to help generate profits for all gold owners.
After 100,000 blocks from eip1559 ETH network managed to completely remove low fees on their network.
Congrats on this. Seriously.
More incentives to move to some other shitcoin.
All my friends and people I talk to about Bitcoin say the same thing: "I'll wait for it to go down and I'll buy too this time". All of them say the same thing! All of them!
Another question I asked everyone was "what's the maximum supply of Bitcoin?" but nobody knew to answer this question. I was expecting that adopting btc as legal tender would come with some education from
@nayibbukele
.
The ETH network is governed by politics: there are situations where ethereans consider it's opportune to confiscate the funds of an user even if there is no bug involved nor any rules of the protocol have been broken. In other words on ETH your property rights are not guaranteed.
You all heard the horror stories of Chivo wallet but I have the best. Paid $125 for a dinner and funds went out of my Phoenix account but never reached their chivo wallet. Had to pay with cash to settle the bill. The waitress was sweating bullets (no kidding).
The big chains in the capital do accept Bitcoin but most of the small shops do not. Except El zonte all other small towns have almost no BTC acceptance. I asked people why not and 90% of the time they said they don't understand it.
Video posted on r/btc. Leaving aside the shitcoin mentioned, it's quite peculiar to have the border patrol ask questions based on a sticker.
Have good opsec out there.
Didn't get the money back even to this day. Guess it's a donation now.
@Bitcoinbeach
wallet on the other hand is much better. It would help if they used LNURL static qr codes instead of ones thst have to be scanned with a camera but it works.
@Shizcrey
@mysticryuujin
@etherealcapital
@ErigonEth
I'm glad you asked. It indeed does, and I just made a script which calculates ether supply.
blockReward 41,231,174.59375
uncleReward 2,865,967.375
issuance 44,097,141.96875
+ 60m sale and 12m foundation
Everyone's a scammer!
If you only want to buy bitcoins and store for long term, there's hundreds of wallets and backup products that are advertised to you. But if you don't plan to interact with your coins you don't need any. They're just after your money!
Use Tails OS!
Thread:
The El Zonte residents usually don't check if you actually paid them but trust you. Many times they look overwhelmed but it's understandable. Nonetheless they seemed happy.
@PeterSchiff
The idea that Gold is scarce as there's only 244k metric tons is nonsense. One gold ounce merely represents an arbitrary quantity of 100 billion atoms. So, it's the total number of atoms that must be considered. With a supply of 244k vigintillion atoms are anything but scarce!
I knew about the Argentina fiat horror stories but never realized how bad it is until I talked to a bitcoiner from there. Imagine having your currency devalued in 10 years vs the usd from 3 units to 100. He says 100 is the "official" price but 200 is the real, black market one.