I love white on black, but seems like some browser or website does not always render them correctly in dark mode, unless they are native white on black.
Shouldn't people be encourage to plan ahead for draconian regulations before they happen?
I''m from the other side of the world. Can someone shed some lights on this matter?
1. Swan is a platform that offer service for people to buy bitcoin and bitcoin only.
2. They encourage all their users to withdraw and self-custody.
3. They are anticipating govt giving problems and help users to think ahead and be prepared.
4. They operate under US law.
Questions:
A: Is 1, 2 and 3 not a good thing for bitcoin?
B: What are the benefit for bitcoin and people wanting to stack bitcoin to have Swan not complying and getting shut down?
C: Some insist people should not buy bitcoin on any regulated platform and that people should just earn bitcoin. But most people cannot earn bitcoin even if they wish to. In my country, I certainly cannot earn bitcoin. And the only way to buy bitcoin is to send fiat to regulated exchanges with KYC. Good thing they still allow withdrawal.
I no longer invest in bitcoin. I save in bitcoin.
One don't invest in money. One don't buy money with money unless you are into money games.
Bitcoin is sound money. Bitcoin is the future of money.
Bitcoin is the best money.
Thus, save in bitcoin.
Can this be said as one of the argument why its useless to increase the blocksize. Add another 100 MB also no use, They will just pack them with useless stuff and cheaply too.
As example, Bip39, all upside, no downside, no controversy. Propose something almost everyone would love, then it'll be accepted and embraced.
if palestinian uses wallet of satoshi, can WOS provider be censored by US or Israe| law? so as much they cant use it anymore? nostr:npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rq
Custodians are never censorship resistant. Use non-custodial if censorship is a concern.
Normally I like to keep to a single good morning note per day, but today deserves two.
Fuck this and fuck Saylor.
GM Nostr (again) 🧡⚡
https://video.nostr.build/fc4c984ffb33dc31018d5da0722b6a917498dcfe3248f2dbbb62b1e4f7fc733e.mp4
While this is "undesirable" to most bitcoiners, it does seems inevitable. When btc 10x, the banks will want a piece of the actions and offer insurance for custodial service of people's bitcoin & many will want it.
Or the banks anticipate the 10x coming and get in now.
Thoughts: Does your coin or tokens or currency failed the following:
Regardless of sophistication, the underlying premise for hard money:
1. Is it radically neutral?
Is the other crypto invented to enrich the creator and early VCs?
Did the creator give a tonnes to himself, sell tonnes to VCs for money?
Can the creator or a small group of people benefit from Seigniorage effect?
BITCOIN is radically neutral.
2. Is it sufficiently decentralized?
There are at least 2 important aspect of decentralization.
1. Can the protocol be easily shutdown? Highly decentralized means extremely hard to shut down.
2. Can the economic policy of the protocol be changed easily? This aspect is very important. In the fiat currency and most shitcoins, just a few people can change the economic policies.
How small a group of people is sufficient to change the economic policies of the token?
Most of the shitcoins can be changed by a small group of people, less than 10% of the participants.
Even if 51% of the participants can changed the economic policies, it's pathetic.
In BITCOIN, not even 51% of the participants can collude to change the economic policies. Arguable 90% of the network participants is needed for economic consensus to change.
3. Auditability and Supply cap.
In BITCOIN, not just we know the supply cap, every sats is auditable and every issuances is predictable and verifiable.
How can PRIVATE general doctor's pay be capped? Can't you charge at whatever rate you want bases on the demand and patients you are serving?
Changing things one cannot accept is always a good endeavor.
But she still can't change the things she cannot change.
What is all these Lightning "sky is falling" stories all about? Is there real existential risk to funds?
Proper Grade A Japanese Matcha is truly at a different level.
Still lots of areas for improvement but I doubt overhaul is the answer. It already have certain level of network effect. These kinda protocol level stuff, overhauling is like doing a new protocol. Ark for example, is one of the potential protocol for scaling and payments. Big changes tend to break things and most will not be keen to break things. Bitcoin is not Ethereum.
He is no fool to spend (fiat) what he cannot keep from falling to save in what he cannot lose (unless he refuse to learn self-custody and insist on keeping them on exchanges).
1. Less secure than bitcoin but more secure than any bitcoin on any exchanges.
2. Very good privacy
Definitely not urban. I got friend purposely moved from KL to Rawang because the cost of living is clearly lower.