pull down to refresh
0 sats \ 0 replies \ @q 5 Oct \ on: EU's Climate Hypocrisy: Tariffs on Chinese EVs Reveal True Priorities econ
We can first of all declare that tariffs in the long run are bad for domestic innovation because the real competition is played out and there is no incentives to improve anymore.
Regarding the situation with China, actions must be taken because Chinese producers receive government subsidies, making it impossible to compete fairly. The challenge is to balance maintaining domestic innovation with reducing CO2 emissions, without ignoring the impact of external market forces.
I don't now how valid this data is might suspect that China needs to make some actions:
https://ourworldindata.org/grapher/co-emissions-per-capita?tab=chart&country=CHN~European+Union+%2828%29
burgers and beer somewhere around 2015 at Room 77 in Berlin, this was during a time when I did not practise spend and replace. Think it was like 0.27 BTC
21 sats \ 0 replies \ @q 30 Jun \ parent \ on: What Made You Become Bitcoin Maximalist? bitcoin_beginners
What is called Bitcoin core today it's former name was Bitcoin-Qt. Managed to forgot my password for my first encrypted wallet, I spent one weekend trying to test all combinations around 2011, The issue was my frequency on typing the password was so high that two letter could swap and if I concentrated to write it correct it would become in the correct order but could some times fail when my mussle memory just made the dance on the keyboard.
Don't remember exactly year but started using the Bitcoin wallet on android by Schildbach which I used in Berlin to buy beer and burgers at Room 77. And also went with Myceliym which was early with Hierarchical Deterministic addresses.
Was doing some reckless stuff with blockchain.info wallets where your wallet was the id in the URL, but it was convenient.
In the past, I've taken my maximalism in stages. Back in 2016, I was a dedicated Ethereum enthusiast, but by 2018, my opinion changed after a revealing experience - I worked as a freelance on project for a ICO as utility token that turned out to be a scam, much like 99.999% of other ICOs. I kept the payment in ETH from that job until around 2019, when my maximalism kicked in. At that time, I decided to exchange all my shit coins and airdrops and Bitcoin forks like Bitcoin Cash and Bitcoin SV for bitcoin . The COVID-19 pandemic and the subsequent money printing by governments around the world strengthened my conviction, so I swapped all my fiat money in bitcoin using dollar-cost averaging.
To provide some context, I received my first Bitcoin in late 2010 and became deeply involved in the whitepaper, trying to understand its concepts. In 2011, I started buying Bitcoin. I later switched to Ethereum, in 2017 and sold almost all my holdings for fiat. I didn't return to Bitcoin until 2019 again.
It depends on how far we would venture into a dystopian world. If CBDCs (Central Bank Digital Currencies) are implemented sensibly, they would not be linked to your identity or a score reflecting your status as a good citizen. However, I think we can agree that even if the intentions are for the greater good, there is a slippery slope here; over time, this system could be used for controlling and establishing totalitarian central control over all people, tying the necessity of having a job directly to putting food on the table.
In such a scenario, we could end up in multiple situations where people might consider Bitcoin as a solution:
-
Some individuals might find themselves in a situation where all benefits of being a "good citizen" have disappeared for various reasons. The CBDCs might not be accessible to these groups, or they might not function in their favor. These individuals might be interested in acquiring some satoshis and could obtain them by offering something of value, whether it be labor or a tangible asset, in exchange for Bitcoin.
-
There are those who want to transact with businesses not accepted in the CBDC-regulated world. For example, a vendor selling fruits may not be able to conduct transactions using CBDCs if their business is prohibited from selling certain products due to regulations, such as CO2 emissions or other politically driven narratives.
-
There will always be those seeking the best store of value, which might lead them to bitcoin. It's common sense to seek this even if it's illegal. For instance, during the hyperinflation in Austria, it was illegal to possess foreign currency. Although you couldn't buy it from banks, there was a black market for it. In a CBDC world, you would need to offer some value in transactions that do not directly trace back to buying bitcoin, but people are creative and find ways around these restrictions.
Hehe this feels allot it was made with chatGPT. It starts to feel that majority of what you read on these kind of communities are more and more generated stuff.
Yes I'm doing something called envelope budgeting since a while back. Previous I just set a side a fixed amout of fiat for bitcoin and savings the first thing when the pay check arrived.
Today I'm budgeting more granual to have more options to change my behaviour.
A tool I use is https://actualbudget.org
They always do on-chain transactions with submarine-swaps it is not a real lightning wallet. Use Phoenix or Breez for the best non-custodial experience.
Tether is one of the biggest buyers of US treasure bonds, they will exist as long as they fuel the fiat ponzi.
They are not meant for using as a piggy bank.
- You cannot make a backup by design
These card are meant for as reusable secure gift cards (thereby no backup) or as mentioned before off chain swap.
For a piggy bank solution tapsigner is better. Possible to make a backup.
When people are using the paper notes for paying for stuff.. Almost non of the users understands how new paper notes are issued or why and how different stuff have a price.
When people are using the plastic cards almost non of the users understand how it works, they don't understans the cryptographic algorithms which protects the credentials for your payment information which the merchants system pass up streams, almost non of the user understands that visa/mastercard never touched their money but takes a fee anyway.
There is so many things in the society which people using everyday but have no clue about how it works and why. They just accept it because it is more convenient to use it than the alternatives.
I have a demonstration in action with the problem of using seed phrases
#275973
Please avoid it
If you try the seed vault and getting stuck in why you can only add one seed add the seed here
Advanced/tools --> Temporary seed
My parents raised me with the simple belief that money comes from hard work. Even though my parents were the wealthiest in the neighborhood/town, it wasn't often that I could simply point at something and get it. If I wanted something, I had to earn it, and by 'earn it,' I mean I had to work to collect money.. This is decades before bitcoin.
I can observe my friends' kids today, aged 10-13, who seem to have almost no understanding of the value of money. I often witness them spending money freely during vacations as if it were limitless, only to end up disappointed when their pockets are empty, leading them to start begging for more...
I have a kid, well it is some years before I can start sending sats (but I can hodl), I will not force sats but I will encourage that. It is important that the kid understand that it is an opportunity to earn some hard money by doing stuff at home and for what rate.
No, It was when Stacker news was new and single letter nicknames was avaible, didn't put so much thought in it and q was the first random letter which was not in use.
Most likely I did not use a passphrase of the length 30. But I remeber that I used to combine 3 different passwords to secure wallets which is about that length. I have withdrawn funds from the wallet once so it cannot be an imposible passpharse and most likely I did not used a password manager for it.
I don't remember, I have tested my passwords I used during that time, so probably it is not with special characters