pull down to refresh
0 sats \ 1 reply \ @btcthinker 17 Mar \ on: I'm losing my faith (II) bitcoin
It is unreasonable for miners to spend huge amounts of energy to record the cost of a cup of coffee. Handling fees and energy costs eventually reach a balance, and the main chain eventually becomes the settlement layer. As the number of users expands, Bitcoin volatility gradually decreases, which is normal. If central banks start hoarding Bitcoin, prices will surge and level off. Everyone will not use Bitcoin overnight. Progress is slow but gradually penetrates into every level. Don't think that Bitcoiners can control everything outside of the program.
From the emergence of mobile phones to smart phones, the entire process was not designed from the beginning. The author of the QR code never thought that the QR code could be used as money. Don't worry, life will find a way.
As the law adapts to the Internet, the law will adapt to Bitcoin. Compliance is not a problem. If you want to promote Bitcoin to the world, you must accept that different people have the power to effect Bitcoin. But you can keep Bitcoin what you want through the community and running full nodes and even mining.
Value is relative and I think it's pretty cheap right now. If fiat is manufactured without limit, Bitcoin will eventually approach infinity. Ultimately this measurement is meaningless, it still depends on how much a piece of bread is worth in Bitcoin.
10 sats \ 0 replies \ @btcthinker 26 Feb \ parent \ on: Taking the leap to Linux from Windows bitcoin
Please use Remmina's rdp protocol to login to virtualized windows, and you will find that everything is natural.
10 sats \ 2 replies \ @btcthinker 26 Feb \ parent \ on: Taking the leap to Linux from Windows bitcoin
virt-manager can help you virtualize windows and is generally suitable for most situations.
Scam is not innovation.
Characteristics of shitcoins:
- There is no upper limit on coin issuance.
- The coin distribution is not fair and the creators retain a large amount of the coin.
- The newly generated coin is given to the holders of the old coin.
- Only specific entities can participate in the node.
- Decentralization is a good idea, and a decentralization I can control is a better innovation.
- Trust me bro.
It doesn't make any sense, it's just nodes owned by an entity. That would not be group consensus. Many shitcoin nodes are built by the same entity on Amazon servers. Bitcoin has no shortage of nodes, doing so is just a waste of money.
Bitcoin is a network program, a money protocol that is constantly improving. As long as creativity exists, Bitcoin will never be boring.
There were not many transactions in early blocks, but now there are often thousands of transactions in the same block. You can refer to mempool to observe the short-term average.
Transactions need to be verified during synchronization. As the number of transactions increases, the demand for computing power increases.
Wealth is just a collective thinking mode. If everyone perceives gold as stone, will the world lose its wealth?
From a civilized perspective, I think Bitcoin can reduce clearing costs and increase efficiency. Civilization is a mode of constructing order. If you can establish order with the lowest consumption, you will win.
Are ETFs safe? Many people thought FTX was safe until they lost everything. Bitcoin does not rely on third parties to operate, which is counterintuitive to Boomers, which makes it difficult for them to enter the system.
These are just some of the incidents where Bitcoin has seeped into real life, with some ignorant users using technological crutches to try to get their hands on it. We are not counting on those people. Those people will eventually be eliminated. It is only a matter of time.
It takes time to learn Bitcoin. Most people just apply their past knowledge to Bitcoin, but that doesn't mean anything. People can only ask and get answers, or work hard to find knowledge on their own. I think this is a necessary process for growth. Learning about money takes time. Most people unconsciously spend more than ten years learning the concept of money.
You cannot use fiat currency to define the value of Bitcoin. If the value of fiat currency were zero, then even 1 sat would be infinite.
But obviously Bitcoin won't be infinite, so maybe you can exchange other useful items for fees.