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@Alice_and_the_Wonderland
stacking since: #739549longest cowboy streak: 40
0 sats \ 0 replies \ @Alice_and_the_Wonderland 8h \ on: What Should Be Scaled Down? ideasfromtheedge
Obviously not in the drug market
For example:
- Instead of 0.00042 BTC, you’d see 42 bitcoin (under the new unit system).
I believe the example is incorrect. It should state that 0.00042 BTC is equivalent to 42,000 bitcoins under BIP-177, not 42 bitcoins as it only replaces base unit.
Anyway, this proposal is truly groundbreaking.
I found the US monetary system is also rather confusing, which inspired me to propose a similar initiative called
DIP-177. I encourage you to take a look at the proposal #987360.Here's brief excerpt:
Specification
- New Base Unit: What we currently call a "cent" will now be referred to as "dollar."
- Deprecated Terms: Terms like "cent," "penny," "nickel," "dime," and "quarter" will be phased out for everyday value references.
- USD Code: The currency code "USD" will continue to represent the aggregated value of one hundred of these new "dollars." So, 1 USD will equal 100 "dollars"
I believe Jack Dorsey's approach to this issue is so brilliant and excellent.
wouldn't it be better to use tor and i2p?
That approach could reveal the traffic pattern again to ISP. Perhaps enabling YouTube streaming or something similar might help in terms of obfuscating inbound traffic?
the Treasury Dept will publish a list of occupations that traditionally receives tips for which this deduction is eligible.
Will zapping to contents be considered tipping?? Just curious
Little extreme case here, but if government begins seizing property or cash, forcing CBDC like crap in the name of preventing future crimes, people may come to appreciate the value of self-sovereignty and turn to BTC as a truly tangible asset they can own.
Quantum asymmetrical encryption algo? As far as i know, symmetrical encryption algorithm like AES is already quantum proof in some level.
The attacker persuaded Suman that his Trezor One hardware wallet and its funds were at risk and walked him through a “security procedure” that involved entering his seed phrase into a website that looked exactly like Coinbase, in order to “link his wallet to Coinbase”.
Everything seemed fine until it all suddenly fell apart.
I tried this a few months ago, but I couldn’t find a way to make it profitable, always ended up spending more sats than I earned.
Why can't people just get a grip on sats and stick to them? why complicate things further with these ludicrous alternatives?
Cool!!
But…
- is it open source??
- is it end to end encrypted?(I believe it is.., and should..)
- u not fed?