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35 sats \ 1 reply \ @OT 2h \ on: Huge US Chip Breakthrough — And a Big Warning for All tech
This stuff if fascinating! One of my favorite books read these last few years was Chip War.
Have you ever been to China? I lived in China for 15 years so I think I have more of an insight than westerners following the China news. The main one is that reporting often augments the image of what's actually happening.
BTW, I don't know how this all plays out, I'm just watching it from the sidelines. I just find it interesting how you keep repeating that China has won. I wouldn't be too confident if I were you.
You seem to be quite the China bull. Just wondering if you have an answer as to why the wealthy and the talented continue to leave China?
In the podcast they both agree that if they aren't able to mitigate this kind of attack then the project isn't worth saving. I've also seen some say that these attacks should make it stronger. If they all ran a miner the reorgs would likely stop.
The other thing that I forgot to mention is that their community is discussing what to do about this and some are talking about proof of stake or going back to asics.
I don't know how he can say that miners earned an extra 7 BTC in that time. There's no way to tell what the market would of paid if the fees were still over 1sat/vb. Surely they would have paid more as anyone wanting to make a TX would have to have paid at least 1 sat/vb.
Unless of course it's the "ordinals" people who are minting BRC20 tokens BECAUSE fees are less than 1sat/vb. But this would just be keeping their party going a little longer. When fees are high they'll likely sell their Bitcoin to try and scam elsewhere.
From the video he's talking about how these guys do money laundering without any trace. What didn't make sense to me is why the gov is worried about Bitcoin ("crypto") when there IS a trace on the block chain.
Has there ever been a peaceful transition from a reset? Wasn't this what DOGE was meant to fix? Cutting the fat.
I remember that which is why I was surprised to see the recent video.
If I were in charge I'd have the miners in shipping containers so they can be easily moved when the IMF inspects.
It might be a bit early to be asking for a lifetime access. Still looks kinda interesting I might have a play with it later.
Yeah, it happens all the time. So frustrating... I'm holding off on blaming Zeus as its likely something to do with CalyxOS. It usually works after 3 or 4 attempts so I usually just keep trying.
I probably lean towards no.
The interesting thing is that it's a funny question for a Bitcoin forum as this is exactly how block space works! Yes for Bitcoin, no for theme parks. I guess the difference is the social issue of being seen walking straight through where as with Bitcoin they're just addresses.