@cryptocoin

384 stacked

"PoS enables a more centralized structure. The participants who can stake more (often the rich), in theory, can accumulate greater control just by staking more."

[...]

"Haven’t we seen the problems with this kind of system already? Just open your eyes and you will see that we have been living in this system for a while now and look where it has brought us."

"The proof-of-stake models are relatively newer and remain in their early stages, both in adoption and implementation. Also, there is a higher level of confusion around the feasibility of some of these models as more and more variations are coming out that have not been fully tested."

From his Tweet for this video:

Today's #LightningSession: Having trouble getting inbound channels to accept payments on your lightning node? Here are 3 ways to get that liquidity flowing!

Mentions: @getumbrel @thunderhubio @voltage_cloud @bitrefill @BTC_LN

https://twitter.com/BTCsessions/status/1482415561610911745

This is the Tweet that starts off the thread:

What exactly are they? Why do we need them? How do they enable trustless payments?

I’ve been working with lightning for years, let me break it down for you

https://twitter.com/JohnCantrell97/status/1482746466703716357

Here's another SN post with someone else's Bitcoin News of the Week: https://stacker.news/items/8194

Here's another SN post on it, linking to the press release published on VISA website: https://stacker.news/items/8199

Saylor liked it:

“Money is a technology by which we transport value over time and space.” - @PierrePoilievre on #Bitcoin

https://twitter.com/saylor/status/1482738586197843968

Poilievre has a Youtube video [20 minutes] where this video clip in the Tweet came from. The 10 minutes clip matches up with the 20 minute video starting at about 0:04:45.

For transparency,

after posting this SN post I see this:

He’s the scam. Investigate who you’re giving sats too. He’s full of shit not been there in YEARS and has been caught lying and scamming. Give to the Red Cross not this fool. He’s worse than a Nigerian Prince.

https://twitter.com/joshconditt/status/1482723514323025923

and this:

He’s been “isolated” from country aka ran out. He has zero power. Zero influence. Over 70% of their debt is to China. He’s not a friend. I’ve researched and documented on my time line extremely well. Your sats your decision but read the facts!

https://twitter.com/joshconditt/status/1482723514323025923

A couple other recent SN posts, regarding Tonga:

Tonga's Hunga Tonga volcano just had one of the most violent volcano eruptions ever captured on satellite https://stacker.news/items/8121

Tonga to copy El Salvador’s bill making Bitcoin legal tender, says former MP https://stacker.news/items/7898

Following is a Tweet by former Tongan MP Lord Fusitua, who has been advocating for the Island nation's government to follow El Salvador's lead and make bitcoin legal tender there.


Thank you fam I appreciate it. I’m still in NZ but the family are safely evacuated to higher ground. Thank you for asking that means a lot 🙏 ❤️

In BTC to our TN1🇹🇴 Node in https://t.me/liquidityfortonga [see Tweet for Bitcoin address, or Telegram group]

Or in fiat to: https://givealittle.co.nz/cause/funds-for-tonga-from-the-trillionaire-thugs

https://twitter.com/LordFusitua/status/1482695931493445637

The 2021 recommendation by so-called legacy bitcoin gurus to borrow fiat dollars against bitcoin collateral to avoid tax consequences is ill-advised for all but the most sophisticated investors.

It is a fine way for the foolish to lose their hodl.

Many of these friends have chosen not to work and are living off their mortgaged hodl under the delusion bitcoin will go up to $100,000, $300,000, or even $1 million and are living off of dollars borrowed against bitcoin.

The legacy terms of borrowing dollars against bitcoin are simply not favorable for the average investor, especially now. And I say this without equivocation.