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0 sats \ 0 replies \ @purpurato 18 Jun \ on: How does it feel when 1 sat is worth more than 1 unit of your local currency? AskSN
My national 💩coin with ticker COP passed that barrier long ago, today 1sat = 4.3 COP.
It really doesn't make much difference, there's nothing priced below 1000 COP and the smallest coins are 100. Everyone is a millionaire and accounting has to be done with a ridiculous number of zeros.
Clearly we should've taken 3 zeros from it long ago, but no politician dares to take the step and be the one that "made everyone poorer".
Hey thanks for your help @koob, appreciated 👍
maybe you could open a channel to my node? you sell those?
I'm reading it but not sure I'll finish it, feels like an amass of patched rags stick together in order to make 'a book' but no coherent structure.
Just my 2 sats. I'm quite dumb and things need to be explained to me as clear as water for me to understand.
I think that's what I liked about 'The bitcoin standard' there are just a few ideas and they are thoroughly explained theoretically and with examples.
I was about to drop this on the first paragraph, I don't like the arrogance of people stating their ideas as facts and proceeding to explain to you as you haven't figured how the world is, this is a pretty common trait among bitcoiners btw.
Taken out the grandiose language and the pedantic way of expressing his ideas, there are some good things to recover, but when it comes to the interesting parts of it we're just left blank. As I understand he means contracts to be fulfilled voluntarily just to keep your identity (GPG) clean. But this greatly limits the scope of contracts. There is no mention to game theory or the like. As the size of the contract grows, both parties are incentivized not to fulfill their end of it, that's how most rugs occur.
I liked the content of the article as I felt it related to a recent interesting post #1003623
I never understood why SN didn't operate that way and kept the custodial wallet model. I think the UX was better that way.
Personally I don't mind to leave a few thousands sats on a custodial service, no need for bonds or other fancy trust methods. Most custodial services like Wallet of Satoshi rely simply on a typical trust model, their business depends on them not rugging their own clients, that's enough for me.
There's so much to be said about this subject, I will take the time to write a post about it.
Basically yes, legalizing works, how to do it is the question, but prohibition clearly doesn't work, it's been proven time and again, US people know.
Pretty solid for year one 👏
Nice goals for year 2. Going to Linux is the way, you'll never come back to Windows.
Reminds me of this
People are constantly seeking more of whatever and feeling always unsatisfied, and off course it never ends.
And there's also the obsession with quantification, as if success was clearly measurable by the amount of USD of your income, but no questions about being fulfilled, having contributed on something meaningful or sharing your success with your employees...
Suggesting this is a rug is very bad faith. I'm on the Telegram group and the guy is ALWAYS answering to requests from users and everyone is quite happy with the product and the way it's handled. Once they found the problem they immediately disclosed to everyone and are trying to fix it.
I have some sats on Coinos and I fully understand it's a custodial service and there are risks, if you don't understand it that's your problem.
What saddens me is that people trying to build cool things are immediately crushed once there is an issue.
Anon what are your products and what have you done for the community?
Living in the countryside and growing your own food, I thought this would be one of the first ones to come up.
There's also BitTipBot I think they're both clones from lntxbot