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0 sats \ 0 replies \ @BallLightning 18 Feb \ parent \ on: Segwit Address Explained (Bech32) bitcoin
So maybe it is even safe to type bitcoin address by hand :)
I personally and most of my close people won't be affected by the defunding of the government of the United States of America.
Actually I do see merit in ecash. I liked the idea of the mutiny wallet before it was discontinued (it uses fedimint, which is different from cashu, but the same idea basically). Note that if you want to cross the mint boundaries, you are still subjected to the lightning fees, and if you have base fees in your route, the problem is the same.
But the real advantage of ecash is that it works around the problem "you need to have money to receive money", which is very good. Unfortunately it comes at the expense of custody of your bitcoin. That said if you have only a small quantity in ecash, this, I think, is a completely acceptable tradeoff. Something like continuing the idea of the mutiny wallet, but where the wallet automatically allocates your funds to ecash, lightning or onchain depending on the amounts might just work for regular people. I hope developers will try to do it.
Sidenote: I remember when everybody was hating muun wallet because of the way it worked. Well, it did allow you to receive few sats just after you downloaded it and no amount of screaming that it's not a real.lightning wallet and that it is not scalable prevented people from using it. Well, instead of screaming, first acknowledge the problem and think about fixing or at leas working around it, instead of insulting users.
Bitcoin is very hard to use by most people. People aggressively argue with me about this, but try sending someone new 1 sat to demonstrate the technology? No you can't. (I've literally been accused of "missing the plot" (what plot, bro?) by pointing out that very small transactions on lightning may be extremely uneconomical due to base fees on routing nodes). The whole lightning "you need money to receive money, but don't worry, it's only at the start" betrays the great ignorance on the bitcoiners part.
Also people like DarthCoin love to insult people for being stupid and that he doesn't need them, but if you want widely accepted money you will need not only people you think are stupid, but actually stupid people to use it. Furthermore you need to accept that your actual enemies and people who you hate or they hate you should also be able to use it.
On the technical side I don't see a scalable solution that will scale for all the people on earth. But for this part I am hopeful that it is solved (once upon a time I didn't expect something like lightning either).
In most people not cleaning the teeth at the dentist at least once a year will lead to loss of alveolar bone leading to loss of teeth. This will happen even without cavities. It was significant mechanism of tooth loss throughout history and many wild animals today lose their teeth by this mechanism (which in their case obviously leads to death).
I've only heard of this but has it actually been implemented? It seems to suffer in that it incentivises letting hard to treat or chromic cases die, as they will never actually be healthy. Type 1 diabetes will surely not be incentivised to be treated that way.
I was thinking for a long time about healthcare incentives i different systems. If the doctor is paid by an hour, he is incentivised to slack and skip some necessary procedures. If he is paid on work done, he is incentivised to do unnecessary procedures. I don't see how this is fundamentally solvable.
I have been asking the same question. Since before bitcoin existed. What gives (at the time fiat) money value? I haven't received satisfactory answer, although i have received thousands of answers the authors of which thought were satisfactory.
I think men who will use these robots are men who otherwise would not have any sex at all. So no birthrate decline from"
If you are using a p2p platform to buy bitcoin, is there a way (besides cash in hand) to prevent your bank from knowing who you are sending money to? Has it ever happened that some criminal is selling bitcoin from illegal activity on these platforms, and when he is caught, the authorities asks people why have they sent him money?
I never paid attention to pop culture so i went from not getting the references to not getting the references. Beside that i can see in the mirror that I am older. No surprise here. I hang out mostly with way younger people now because people my age have children and families and don't leave their homes at all (even those that don't have children don't go out or do much stuff), so i kind of get many of young people's references.
I don't really think you can use bitcoin as a unit of account while most of the items you buy are priced in your local currency. When your merchant prices items in bitcoin then you will be able to do that. And pricing items in dollars and showing you the equivalent price in bitcoin does not count.
I don't know if bitcoin will become widespread, but 5 years is very short term. I think you should be thinking in multidecades instead of years.
And btw i think there already are places in the world where there are lightning terminals in shops.
Zeus mobile very rarely succeeds in under 20 seconds. I am not sure why. Does it have trouble finding routes or routes fail I don't know... I will appreciate some debugging info being shown while the payment is in progress.
What? Even if you were trading slaves the same still applies. You need a counterparty to your trade.
But i have no idea where these slaves came to your mind. Do you thought the counterparty is a slave?
Anyway, you are either deliberately hostile for no reason or you really can't grasp the concept that every trade has a seller or a buyer. The good thing is that my comments will also be seen by other people.