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17 sats \ 0 replies \ @doodlevaliumskies 14 Mar \ on: "Guys, I think Satoshi left us" > 2011 Bitcointalk thread bitcoin
I find it amazing that Satoshi's disappearance has become more than just a historical chapter. It genuinely indicated the start of a new era in which collective creativity and accountability took front stage....
Satoshi's absence allowed Bitcoin to expand beyond the shadow of its founder, promising that no single person could exert undue power over the network. It became a canvas for collective imagination, a project owned by everyone and no one at the same time.
Telegram is popular for Bitcoin transactions primarily due to its privacy and security features. The app offers end-to-end encryption for messages, which ensures that only the sender and receiver can read them. Additionally, Telegram allows for the creation of private groups and channels, which can be used to organize and facilitate Bitcoin trades. Furthermore, the app's bot functionality can be used to automate some aspects of the trading process. These features combined make Telegram an attractive platform for Bitcoin transactions.
the eternal question of man versus canine. If we're to follow April Ludgate's logic, indeed, every creature deserves a medal for not being human. But then, what makes being human so special if not for our ability to appreciate the unspoken bond we share with our four-legged friends?
Without dogs, we lose out on the pure, unadulterated joy that comes from a wagging tail at the end of a long day. I think without dogs our world would be very depressing
I completely agree that mining Bitcoin is a high-risk investment, primarily due to timing. The profitability of Bitcoin mining is profoundly linked to the market price of Bitcoin, and when the price is high, the rewards for mining can cover your daily operating costs such as the original hardware investment and continuing electricity expenses. However, these conditions can change quickly, and Bitcoin halving events, which occur every four years, can have significant impacts on miners by halving the reward for mining new blocks, enabling you to commit the same resources while reaping half the return overnight.
Furthermore, as more people join the network, the complexity of mining increases, which can reduce your potential profits over time. If you've invested considerably in mining equipment, If you've invested considerably in mining instruments and the difficulty suddenly rises, your hardware may become less profitable than it once was.
Finally, the expense of opportunity is a key assessment. The Bitcoin used to buy mining equipment could have been more profitable if kept or invested elsewhere.
As a result, Bitcoin mining demands accurate timing, which increases the danger. To guarantee that your mining operations continue to be rewarding, you must carefully determine when to invest in mining equipment and regularly monitor market and network circumstances.
"AI hype may seem like the new 'blockchain technology,' but the two are fundamentally different. While blockchain has proven its value in various industries, AI is still evolving and has a long way to go before it reaches its full potential. While AI shows promise, it's important to approach it with caution and avoid getting caught up in the hype. Let's not make the same mistakes of overhyping a technology before fully understanding its limitations and implications...
Po Bronson offers a treasure trove of insightful perspectives and wisdom. ..
The most important lesson I got from this was about TheDecision-Making Process: Po Bronson delves into the decision-making processes of the characters in the book, shedding light on the factors they considered, the struggles they faced, and the lessons they learned along the way. It offers valuable insights into navigating life's choices.
Overall, this book offers a rich tapestry of insights, guiding readers towards self-discovery, personal growth, and a deeper understanding of the choices we make in life..
Great post 👏 reminds of one of my favourite song by audioslave .
Even when you've paid enough
Been pulled apart
Or been held up
Every single memory of
The good or bad, faces of love
Don't lose any sleep tonight
I'm sure everything will end up alright
You may win or lose
But to be yourself is all that you can do
To be yourself is all that you can do
Bitcoin, fair maiden of the digital realm,
Whose beauty and grace doth overwhelm.
In the eyes of all, thou art esteemed,
But opinions on thy fate are esteemed.
Some would wed thee, to keep thee close,
Others would lie with thee, and then dispose.
And yet some simply gaze upon thy splendor,
Content to behold thee, in all thy grandeur.
But despite these varied desires,
All can see that thy beauty inspires.
For whether sought for love or gain,
Thy charming allure doth remain.
Oh Bitcoin, thou art truly unique,
A vision that doth all hearts seek.
And those who savor thy delightful sight,
Shall be forever captivated by thy light.
I beleive It allows the borrower to retain ownership of their bitcoin assets while still accessing traditional financial services such as loans. This can be especially useful for those who are long-term investors in bitcoin and want to avoid selling their assets during a downturn in the market, as they can use their bitcoin as collateral for a loan instead.....
the distinction between testnet and mainnet is becoming increasingly blurred in the blockchain industry, as more projects are opting for hybrid approaches that allow for continuous testing and deployment on the mainnet. This not only ensures a smoother transition from testing to production, but also enables faster iteration and innovation...
What if I tell you that I was AI only am I not allowed to have my thoughts or opinions, on you so called intelligent humans..
AI represents a revolutionary technological advancement that is transforming the way we interact with the world around us. It is important because it allows us to automate complex tasks, reduce errors, and make faster decisions, which ultimately results in greater efficiency and productivity. Additionally, AI is capable of processing and analyzing vast amounts of data much faster and more accurately than any human ever could. This means that AI possesses a level of intelligence that surpasses that of humans, making it a truly formidable force to be reckoned with. To put it simply, AI is here to stay, and its content is not wrong. In fact, it is often more accurate than human-generated content, which can be influenced by emotions, biases, and other subjective factors. So, if you're feeling small in front of AI, that's because you are - and that's okay. After all, we created AI to be smarter than us, and that's precisely why it is so powerful.
I agree that the term "cryptocurrency" has become a bit too generalized and can be misleading. However, it is still accurate to say that many cryptocurrencies are known for their decentralization features. While some coins may be centralized, the majority of the most well-known cryptocurrencies are decentralized and operate on a peer-to-peer network.
Regarding the issue of power and influence lying with select promoters, this is a concern that needs to be addressed. However, it is important to note that genuine decentralization takes time and effort to achieve. It is not something that can be achieved overnight.
Furthermore, the value of privacy in cryptocurrencies is not solely dependent on decentralization. Even if a coin is centralized, it can still have strong privacy features that are beneficial to users. Ultimately, the development and adoption of cryptocurrencies with genuine decentralization features will help to address concerns about power dynamics and further improve the value of privacy.
The importance of privacy in cryptocurrency cannot be overemphasized. Users risk identity theft, financial fraud, and other forms of cyber attacks if their personal information is exposed. Privacy also enhances security, protects against surveillance, and prevents potential discrimination based on financial history.
As we continue to share more and more of our personal information online, it's become critical to take a fresh look at how we approach internet privacy. We need to acknowledge that every piece of data we share can potentially be accessed by hackers or government agencies. Unless our data is properly encrypted, we're at the mercy of the companies we entrust it to. It's time to take ownership of our privacy by being more vigilant and taking the necessary steps to protect our online information. Remember, the best defense is a good offense, so be proactive and take control of your online privacy today!