Many moons back, in 2015, there was a mining company. They rebranded and resold mining gear, then offered hosting. Then it devolved in to a classic Ponzi. Our machines were converted to "hashlets", little more than crappy graphics on a screen. Then, when that stage of the scam drew to it's inevitable demise, they evolved again, creating a whole new coin, with Wall St backing. Funny thing, the twat behind it actually was a protoge of a wall st wanker.
Anyway, long story short, the bell end is now in prison for robbing people.
Last time I fell for a scam.
You'll for one again. Well, you already did if you're invested in bitcoin. I won't invest until the lightning network essentially replaces the on chain/mining aspect of bitcoin. I think it may happen after every bitcoin is mined to be honest, and it's the only way bitcoin prevents an ultimate death in my opinion.
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And the fact that lightning relies on "the on chain/mining aspect of bitcoin" doesn't bother you? How is it going to "replace" it, if it depends on it?
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I don't think he understands bitcoin or lightning. If he has questions I'm sure there's enough smart people here who can help him though...
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I don't think so either. Which is why I thought those questions might help him think about it.
Had I bothered to have a quick look at his profile first, I would not have even responded.
Lesson learned, thank you.
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