pull down to refresh
@teemupleb
207,876 sats stacked
10 sats \ 0 replies \ @teemupleb 12 Jun \ on: What is a job you could never imagine doing? AskSN
Blowjob hihi
“We would say to the vendors, ‘Look, accept bitcoin, and at the end of the day, if you don’t want to keep the bitcoin, we’ll buy it off you,’” Scotford recalled.
“When we first started, maybe 30–40% of the vendors were cashing up every day or at the weekends. Lee would be walking around with big fistfuls of money, cashing out vendors.”
But over time, something shifted — they started keeping their bitcoin.
“Eventually, the vendors started to learn themselves that, ‘Oh, actually it’s better to keep it.’ They would then pay for their tables in the markets using bitcoin. They thought, ‘Well, I don’t want to keep this bitcoin, I don’t really know what to do with it, but I can pay for my table.’ So there, the circular economy starts to happen.”
This was a great insight regarding how to bootstrap a circular economy.
I am firmly persuaded that as Bitcoin takes holdix taxes will have to return to what they were in ancient Greece : willing donations to the state treasury, and something people openly took pride in.
I liked this idea.
I thought the banking cartel (which assumingly governs Connecticut politicians) approves Bitcoin now because of Blackrock’s green flag
On June 2, a sports-betting marketing company called SharpLink Gaming SBET -2.45%decrease; red down pointing triangle said it had closed a $425 million private placement led by blockchain company Consensys Software, to become the largest public corporate holder of ether. The announcement, however, sent shares of Nasdaq-listed SharpLink, which is based in Minneapolis, down 28%. The next day, a Canadian renewable-energy company called SolarBank fared better. Its stock closed up more than 1% after announcing its bitcoin treasury strategy.
Also, reading into this excerpt from the article, for them it doesn’t seem to make much of a difference whether it’s a Bitcoin treasury strategy or ETH treasury strategy.
If I was a crooked politician in a non-native English-speaking country, I would make sure to overdub all American movies and TV shows in the local language so the people wouldn’t get exposure to spoken English.
This way they would have less international work opportunities, they would be poorer, stay in my country and pay more taxes to fund my corrupt undertakings hahahaha
I agree. Even the educated French who read and write English well often have a terrible pronunciation that makes my ears bleed.
Efficient verbal communication should be a priority when learning a new language.
20 sats \ 0 replies \ @teemupleb 10 Jun \ parent \ on: Bitcoin Core Commits¹ Fall To 10-Year Lows bitcoin
Yeah the bigger its market value in dollars gets, the more careful the dev community is with changes. This is not some shitereum that comes up with a new “roadmap” every two years.
This is why you never keep any meaningful amounts in custodial wallets.
They might change their terms of service, you don’t read the email notifications they send, and after 12 months of inactivity your money is gone.
Inflation is powerful, so that 66->800 number is a little ridiculously inflated(!)... a billion dollars isn't what it used to be.
I read the whole article and didn’t see any mention about inflation destroying purchasing power.
The leftist journalists and authors rarely mention that. Either they don’t understand dilution of money or intentionally and out of bad faith leave it out to scam their readers.
Except that most ETF providers and Saylor use Coinbase Custody.
Popping that would be quite high impact.
The GPT-fication eats and dumbs down all online content and it’s like a cancer trying to kill original creativity but in the end, it’s all cyclical and humanity will prevail.
I wonder what oracle they use for the result.
Some Craig Wright can’t just turn up and say he’s Jesus and then the bet settles Yes.
I don’t understand why they’re begging IMF for $1.4 billion. That’s peanuts money in Bitcoin and even in crypto.
Sure Tether, Blockstream, Jan3 et al. can crowdfund some tiny $1.4 billion bond offering. Something smells here.
154 sats \ 1 reply \ @teemupleb 7 Jun \ parent \ on: Should we worry about scaling Bitcoin now? AskSN
Blitz Wallet has a similar approach: very low amounts are e-cash tokens, then when you cross a threshold, they become Liquid BTC, and finally once you have enough, it opens a self-custodial Lightning channel for you.
If they just check my age in a bar when showing my ID, it’s fine, but I’m not comfortable letting them take a photo of it etc.
Otherwise I will soon be “coinbased” and my personal info is sold on darkmarkets by minimum wage Bangladeshi support agents.
I’m not comfortable with sharing my biometric data either.
A common trend in the city where I live is that the best quality gyms use facial recognition to access the gym. The alternative is to go to the 80s style poor-quality Arnold gyms, so often convenience here trumps privacy.
Don't let the Orange Man turn you off from bitcoin.
A while back I was talking to an American no-coiner (apparently left-leaning) and he asked me with a serious face: “But isn’t Bitcoin controlled by Trump”?