Avatar
Jack D
21580a98aaf64f7d66705abe7bf7a7acf4ee440fcf6b59d0b76e16217824d895
bitcoiner

I'm noticing more and more places these days offering a 3% discount for paying in cash. I'm also noticing places going cashless.

If it's true the p2sh change confiscated coins, Core (or what was know just as Bitcoin at the time) probably should not have merged it. But unfortunately, most hashpower makes the rules as defined by the primary rule.

Seems the subtext doesnt even get it. Anyone who plays games knows what slop is. Slop is hitting the cue ball hoping something random goes in. Isn't that the perfect description of AI output?

What's the point of using Alby Hub? You hold the keys, but it's also not private like running your own? What's the benefit, adding a node to the network?

Seems like IP routing has the same or similar issue that LN has. While it doesnt have "fees", you can kind of think of ping time as a fee. The bigger the graph gets, the more hops you have to take, and the longer the request takes. This drives networking toward many nodes connecting to central router for efficiency. I expect LN to solve this issue in a similar manner.

This one connected a couple of dots for me. Something I have been thinking about for a while is how much the increased velocity of media, through the internet, has changed society. News used to take days to arrive, and you'd get a couple of pages of it. People weren't so focused on it because it was the past and minimal in content.

My point is the privacy aspect of bitcoin is not the issue here. Your government is. EU is making it illegal to be private in your holdings. Not many options if you intend to follow the law.

It is antifreeze. It is a food ingredient that has antifreeze properties so is used as non-toxic antifreeze. People associate words with bad things regardless on context. In this case it's "antifreeze", but probably also how chemical names sound.

Yeah, I think this is probably what he meant, but it is a gross way of thinking about it. It's like saying a niche web forum isn't successful because not everyone in the world is using it. In reality it's more like how http was successful the moment people started using it because it was better than alternatives.

Actual privacy doesn't matter to the law though. Law enforcement blindly trusts whatever chainalysis says is reality. It's the k9 unit of digital assets.

It is trivial to gain forward privacy on bitcoin if that's what you want. It's easier than verifying altcoin privacy claims are sufficient. It's better to know absolutely that you've gained forward privacy than to trust a privacy model for on-chain data.

Regardless of on-chain tech, "This will give you privacy." Is better than "Maybe this will stay private." So you might want to practice that hygiene with whatever tech you use.

I dont know anything about this situation in the EU, but it sounds like it has nothing to do with chain privacy unless you intend to break the law. They probably just want sums and not UTXO's to be declared.

Chain privacy gains you nothing if you buy on regulated exchange. The sum is attached to your name. If you don't use an exchane, you still would be required to declare a sum. Gaining privacy means leaving the EU, not switching to a privacy coin.

Replying to Avatar Cyph3rp9nk

This assumes Core is deliberately trying to make it easier. It's the crux of his argument, but it's not their stated goal.

The whole debate is the same as fullrbf, same arguments from both sides. Same boogymen.

Filtering doesn't remove it from the chain. Who decides what a "regular" transaction is? Isn't it regular if it follows the chain consensus rules and pays the fee? Limits? No. That's like saying bitcoin transactions limit the number of transactions.

Of course I had to get the orange one... for reasons.

#vr #virtualreality #bigscreenvr

Why are the new taxes we will soon be paying (the ones we will pay for not supporting American productivity) not being used to directly offset the taxes we pay for being productive in America?

Something I've been working on: bip370.org

This was inspired by bip174.org, but aims to provide a more complete map with PSBTv2 fields. It also uses a PSBTv2 class I wrote for Caravan.

#psbt