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29 sats \ 1 reply \ @lightcoin 8 Apr \ on: Tariffs as a Pragmatic Compromise econ
As the saying goes, "two wrongs don't make a right". Part of the reason the world is so screwed up is because so many people who claim to have good principles fold like a house of cards when it comes down to it. It is sad to see another one gone.
For me, the argument against tariffs is simple: taxation is theft, theft is bad, tariffs are taxes, so tariffs are bad. Repeal the tariffs -- and all other taxes!
You could borrow against your BTC to pay for the house, or at least a down payment. You can also do the same for the mortgage payments. But ideally if you have mortgage payments, you have income you can use to pay. And ideally, the price of BTC goes up enough over time that paying back the loan is "free" (it could also go the other way and you get liquidated if you cannot maintain your collateral ratio, so be careful with that). There is also the option of selling BTC for fiat to buy the house / make the down payment, which likely has tax implications and of course you lose exposure to BTC price movements. Good luck and happy house hunting!
You had a chance to reply to my OP re: the statement of VTXO's being centrally coordinated shitcoins
If you shared a full explanation of why you claim that VTXOs are a scam, and that explanation was not supported by opinions, factual errors, or logical fallacies, then I would consider responding to the claim directly. But that's not what you did. You did a drive-by name-calling and left it at that. There is nothing there of substance to respond to. Time scamming.
but are clearly confused about what Bitcoin is
VTXO's are literally centrally coordinated shitcoins being shilled as scaling
no technical explanation only ad hom
pRoNoUnS iN tHe BiO
and more ad hom
exactly the quality of argumentation I expect from a time scammer
Worth mentioning Zerosync as well, which doesn't help with IBD per se but enables a node to sync to the chain tip with full security faster than proof-less syncing.
Have you looked at Winden? https://winden.app/s
It is based on the Magic Wormhole protocol:
also shared in #848887
I think it is I who should be thanking you for agreeing with me, since it seems that you no longer feel this way:
I dont agree about your replace -- Bitcoin does not link an on-chain address to an off-chain entity.