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Jack Spirko 9mo ago

"Bitcoin is old technology"

Um Bitcoin is a protocol. It was created in 2008-2009.

HTTP was created in 1989 and you use it every day.

SMPT was created in 1982 and you use it every day.

TCP/IP was created in 1973 and you still use it every day.

UDP was invented in 1980 and you use it daily.

IMAP which you use daily was created in 1986.

Every website you use daily uses FTP for file updates it was invented in 1971.

Every website you access relies on DNS to get to it, it was created in 1983.

Shitcoiners that make this argument are complete fucking tech retards.

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PermaNerd 🌱 πŸ’» 9mo ago

I think you can remove the word tech from that last sentence.

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Jack Spirko 9mo ago

They are retarded about many things, but in this instance the modifier fits.

9e
twofish 9mo ago

If the supply chain uses it, but _I_ don't then it must not be important...

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Neigsendoig Cocules 9mo ago

I get it, while BTC is an old protocol, it's still better than many of the poopcoins on the market, including stablecoins. I'd say Monero is an exception, since it's essentially a privatized BTC without the privacy implications of pseudonymity.

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Jack Spirko 9mo ago

There are many issues with XMR, lack of liquidity is one.

More though, it isn't private. The chain is but most people using it are not using good privacy protocols on their networks, and even if you are is the other party?

In general nope.

TBH Stables have a better use case and over the next year you will see just how true that is.

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Neigsendoig Cocules 9mo ago

As far as I'm aware, XMR is essentially trying to be BTC, but private when done right and with good OPSEC. While I get the criticism XMR gets, I'll still advocate for it and potentially Zano too, since I sometimes advocate for very few poopcoins, but only when said poopcoins have utility when properly utilized.

Stablecoins on the other hand are a whole different ball game, especially since they'll eventually be weaponized if I am to believe blackpilled doomposters.

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bitcoinpoorguy ζ―”η‰ΉεΉ£ε‚’δΌ™ πŸ‡­πŸ‡° 9mo ago

πŸ’―

Apps come and go.

Protocols stick around.

Because apps are built on protocols.

Protocols are just set of rules that makes a system functional.

a5
πŸ«₯ 9mo ago

# as an interesting side note, the IRS mainframes are from the 1960s, and the code is in COBOL, apparently they keep postponing the upgrade because once the contractors see what they're doing, they'll probably blast it out in nostr!

https://rumble.com/v6r7l64-the-secret-reason-the-irs-can-never-replace-its-archaic-mainframes.html

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WayfinderAK 9mo ago

Everything except the one about FTP is spot on. The vast majority of websites don't use FTP anymore.