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@d01abcb3eb
10,045 sats stacked
stacking since: #1237788longest cowboy streak: 1npub16qdte...tyasfwwsph
0 sats \ 0 replies \ @d01abcb3eb 21 Nov \ on: Bitcoin Billionaire Dumps Entire $1.3 Billion BTC Stash After 14 Years bitcoin
Oh, thanks for bringing this to attention. Decrypt does some really awesome serious journalism - often offering really good insight into what is going on. MSM at it's best! <3
Not really into international politics, but have aligning views on Bitcoin's big bang being in P2P payments. This seems indeed not get much attention. Any ideas for a remedy? I for one think that most people just do not understand what money is, and thus take the charades around it at face value. This is likely a problem.
Setting limits in a fiat number is just another political scam. Either it should tied to the consumer price index or be set in sats. Everything else is just deception and vote farming.
Could Blixt for Android be a viable alternative? I've only used it on iOS, and since there are guarantees for background execution there at all receiving while the app is not active obviously doesn't work. But, on Android this is said to work iiuc. However, with Blixt you need to find/choose an LSP yourself, keep track of your liquidity, and periodically check in to contend fraudulent force closures.
I'd advise not to look into these deals and their background too deeply, and just be happy about them. Disappointment may be experienced by those that do; they may find that these deals have been in progress for quite some time and are now just rebranded to play along on the political stage.
I have yet to encounter this conundrum. I obey Thier's law, and only spend sats when nothing else is accepted. When that is the case, I'm pretty sure the receiver keeps them (or at least that I've used the sats very well). When it's not the case, I do my very best to obey Gresham's law, and dump my bad money first. The only exception is when I'm influencing - meaning that I pay extra for spending sats to make an observable statement to potentially swayable audiences. And then there is not much focus on what the seller does with the sats after the transaction.
Yeah, indeed. I also think the author uses LLMs. However, so do some (mostly?) respected scientists. As long as the author accepts the responsibility of the produced text I can't blame them. I mean, equivalently, an expert programmer vibe coding is ok as long as it's still his/her head that rolls if there are faults.
I've actually read the whole thing. I really recommend it.
What the author argues is that even if there is no code change there is a suffering of loss due to the fact that we are where we are as a consequence of Core v30 having opened Pandoras Box.
I remember when Bitcoin ETFs were introduced in the US. The noise predicted the end of MSTR. That didn't really happen. Quite the contrary. I for one am curious to see what happens next.
Perhaps you recall how the US waged a War on Drugs during the 1990s or the Prohibition Era in the 1920s. These aggressive campaigns to "filter" things out of society likely had the result of enriching the people who were willing to break the law.
This is a strange comparison. From what I gather, mempool filtering is a way for node runners that they do not wish to relay transactions that effectively make self-custody more prohibitive (due to they making transactions and the running of nodes more expensive while offering nothing). The other examples are brain-dead governments just abusing power as normal.
And before anyone comes to me with spam drivel, I don't want to hear it. It's a trap people have been forced into - to define spam. What I want to hear is a concise definition of what bitcoin transactions ought to contain. When we got that, everything that isn't enveloped should just not be there.
MSTR has often shown volatility. I've bought some more, and have buy orders at lower prices ready as well. Although I want to believe in bitcoin as a freedom tool and MoE, and do my part the best I can to aid this process, my faith in that those that really need this can make it happen is not very high.
This is a common confusion. While BOLT12 is often advertised together with blinded paths, one can use blinded paths with BOLT11 as well. LND does support this as far as I know. However, network support is more uncertain, meaning that payments with blinded paths may fail because nodes on the path do not play ball. In addition, BOLT12 doesn't need to use blinded paths, and if I understand correctly no major implementation has a really good implementation yet. For instance, a public CLN node cannot create a BOLT12 invoice with blinded paths that doesn't reveal the recipient's node id. Not sure where Eclair is here, and donno at all about newer stuff like Alby, LDK, Electrum, etc. either.
I realized that Strike is also an option - https://strike.me/en/faq/where-is-strike-available-wr/
I wouldn't mind more options!
Yes, I understand this critique.
Although I for one do not gamble, I do find prediction markets quite interesting for gauging the development of current events. Of course, having skin in a game and benefiting from a specific outcome may yield some problems (c.f. e.g. Obituary tv series ;) ), but in a society where it gets increasingly difficult to gather data using surveys etc. (for different reasons), prediction markets may serve multiple purposes, of which not all are necessarily bad.
Thanks. I often read his articles as they are quite insightful - even for people that are not crypto enthusiast. He focused on debt creation and fiat growth in his previous article as well. I'm definitely buying the dip.
Politicians will always favor borrowing from the future to get re-elected in the present, because when the bill comes due, they won’t be in office.
Totally agree there. And also think that there is nothing to gain by not doing exactly this.