3 sats \ 0 replies \ @anonporridge 19 Nov 2022 \ on: Grayscale Bitcoin Trust (GBTC) Refuses to Show Proof of Reserves due to Security bitcoin
Security through obscurity is generally considered bad practice, https://en.wikipedia.org/wiki/Security_through_obscurity
Easy psychological exploit.
This is a serious security vulnerability that remains unpatched, especially in straight males.
The narrative shift acknowledging the positive utility of bitcoin mining to creative a profit incentive to completely tamp down on this GHG emission problem is going to leave our heads spinning.
Yes. It might require a drastically reduced human population to support based on the resource limitations of this planet though.
But those things won't be seen as valuable or special when everybody has them, so the desire and drive of the human heart will move on to pursue some other scarce thing.
Perhaps people will decide that owning an apartment in Manhattan and a homestead in the country are too pedestrian and true luxury is spending your life as a homeless wanderer, because that's hard for normal people to pull off and if you can, it becomes a status symbol.
There is no satisfying the insatiable desire of the human soul.
“Desire is the root of suffering.” - the Buddha
Next time try offering a 10% discount when paid with bitcoin, and provide instructions on using the Strike app so people don't have to deal with buying the coins directly.
Then receive with a lightning payment.
Number one fix in my mind.
Allow student loans to be eliminated by bankruptcy.
If loan agencies realize that giving out student loans to people who end up with worthless degrees and no job prospects who can't pay back the loan, and will eventually just declare bankruptcy to wipe the slate clean, it should naturally create a more generative incentive structure and make loaners more careful about who they loan to.
The inability to bankrupt your way out of student loans has perverted the entire system.
Alternatively, make college free (like many other countries) but increase the bar to actually get in and send the remainder to trade school.
Starlink is a centralized internet provider just like all the others.
It's nice to have multiple options, backups, and redundancies, but don't be lulled into thinking that you can hook up to Starlink and trust that you'll never get surveilled, censored, or booted.
Musk in particular is absolutely willing to play ball federal authorities and would without question provide backdoor access to at least allow surveillance.
Microstrategy is not a fortune 500 company.
The lowest market cap on the list is ~$25 billion. MSTR is only $3 billion.
Yes.
The clearest evidence to me was introspective observation of the existence of my own soul, its relationships, and its reactions.
This is a statement that someone of literally any religious or spiritual belief can make. Because it can be used to support any belief, it makes it a worthless piece of 'evidence' for anyone who exists outside your own head.
As an atheist, I think that's perfectly fine.
Although I think that standard of evidence can equally support any of the thousands of varieties of religious beliefs that currently exist throughout the world.
To each their own. Freedom of religious expression and consequently from religious laws that are not your own is a critical part of what makes America great.
Correct me if I'm off, but this answer makes it sound like you came to recognize the utility of a belief in god rather than became convinced through evidence that there actually is one.
In other words, do you believe that even if there actually is no god, the belief itself is simply a useful delusion to subject yourself to? A fantasy that you choose to engage in (faith) that helps a person manage the extreme difficulty of life.
So does the right.
Hence why Russia is trying to block self custody.
Make no mistake, the right wing would turn on bitcoin freedom on a dime whenever they take power again.
Sign of things to come.
Soon every news site with a paywall will have an option to throw a couple pennies through lightning to unlock any article without needing a subscription.
If your device gets destroyed by an EMP, in all likelihood all the electronic communications in your immediate environment will also be wiped out, so it wouldn't matter if you had an EMP ruggedized hardware wallet to begin with.
You have bigger problems that not being able to move your bitcoin.