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0 sats \ 0 replies \ @jgbtc 9 Jun \ on: Saylor : Bitcoin quantum threat is a ploy by ‘yo-yo token’ sellers bitcoin
Not to mention literally everything will be affected, not just bitcoin. It's interesting that Bitcoin gets so much attention on this topic when it's probably the technology that deserves the least.
It's been Myanmar since 1989. How long do we need to add (formally Burma). I think after 36 years no one is confused by that.
This is a great idea and it says a lot that the security budget fudders don't just do this. They can do this right now with time lock scripts but instead they want others to bear the burden (typically there's some anti-hodler sentiment involved) so they (e.g. Peter Todd ) want to remove the 21M cap instead.
If out-of-band payments are so lucrative, miners will come up with creative new reasons for them. The end result of this will be a spam free-for-all and probably increased payments via "alternate communication channels". Unintended consequences are the biggest threat.
I'll never understand why a rag like The Economist can be consistently wrong about something for so long, costing its readers significant loss in purchasing power, and yet people keep coming back for more. There seems to be no limit to how much bad advice people will take.
You made the argument above. You said it's not fair that some miners benefit from high fees from out of band transactions, i.e. the spam transactions that exceed the op_return limit.
"At this point, it seems better to make these transactions available to all miners, so at least the miners benefit fairly from the additionally available fees..."
He thinks it's bad that spammers have to pay typically higher fees out of band. This seems to be the common argument given in favor of the PR.
In reality this is a direct result of the spam filter working. Spamming should be expensive as possible.
They take the desired outcome and twist that to be the reason why we should get rid of filters.
You need to have some Bitcoin on lightning for the fidelity bond, so someone who has zero bitcoin would have to get some from another source first.
Mine likes to sleep in the living room where he can keep an eye on everything. If anyone tried to come into the house he would bark like crazy. The main point is to be a deterrent. If someone tried to get in they would know there's a protective dog waiting for them. Would it stop someone very determined? Possibly not, but I would have plenty of advance warning.
This has been literally every critic's main criticism about nostr since day one. It's like he's been in prison for 11 years or something 😂
In spring a lot of bunnies start showing up, and hens start laying eggs, so people associated the two, and made up the story that the bunnies brought the eggs and hide them around the place.