The closer you look, the less you see.

Close to 0.05

Is this the pump for ant? LoL

What’s the part in white?

Rational fee structure is the only method to prevent an uncensored system from flooding of spam when usage grows. Fee is not an enemy.

I heard SmartBCH is dead, who would have thought that smart EMV side-chain is not smart at all. #liquid

Because of the people who believe bitcoin is one of the cryptos.

Lmao so many comments worry about food and shelter while they don’t even make in bitcoin yet.

Visa and MasterCard can easily morph into L2 of bitcoin, not so for all the banks.

Doggocoin

#Coinbase occasionally (like every month) put my account under review / lock my account despite that I haven’t used them for over 2 years and my balance is below $0.01 USD. Any clues on what they are doing?

Onchain settlement is important that’s the reason gold standard ships gold all over the world, when someone said fuck it lets just do L2 and forget about base layer settlement then born the fiat standard. L2 always trades security (or something else) with connivence, it is unavoidable paradox. I still haven’t got to the L1 scaling video yet, your response is fast and content rich 👌

Idk if confirmation is not important why confirm transactions at all, it doesn’t make sense whether RBF or not. Not confirmed transaction is not valid in view of blockchain.

I like the argument of asking not to distinguish coins but I don’t ask others to do anything, I let them do whatever they want, if for whatever reason they are against my interests I turn to other who isn’t. I haven’t used cash for a long time, all my transactions can be seen by my bank anyway, if they laughed at my purchases what else can I do?

I often see argument from XMR community saying XMR is fungible like cash. I agree XMR may be fungible but cash certainly isn’t. Every single bill has a unique ID number, no one cares or records it so it acts “like” fungible, but if (a big if) government requests all merchants to record all cash transactions in ID then it is suddenly not that private anymore. The fact that it can be done but not done due to difficulty or lack of necessity is what holding the fort. While an open ledger like bitcoin, on the other hand, is very easy to track by anyone. The fact that if you care you have choices to break the track but if you don’t care you are good to go is what I think the opposite of what private cash currently is.

I see transparent ledger as a double-edged sword, it may be bad for individuals but certainly good for public fund users. If public ledger is the answer to less corrupted government then I am all in!

You pay for the access to a service you may or may not use, subscription in a nutshell. Every single company on earth wants to sell subscriptions, says it all.

DCA and smash buy

Convenience has another name: insecurity; security has another name: inconvenience. Keep in mind.

Part if the rent is a kind of service subscription which you may or may not need, isn’t it?

I never liked Liquid it doesn’t make sense to me. Not sure why p2p settlement is important? Gold backed reserves clearly took away settlement from day to day users, and it worked, if gold standard can revive with corruption portion removed then it is ideal to me. BTW I think all L2 took away settlement from base layer that is how scaling is possible to improve in magnitudes. In another extreme, BCH bros clearly don’t care about settlements at all they somehow love 0 conf lol.

By decentralizations I mean distribution of power and influence. No doubt bitcoin core and some companies have big influence but what I believe is changes reinforce central power or in other words central power is required to implement changes. Bigger the changes bigger the central finger heads. Just look at ETH they can update whatever they want because they have ETH foundation and Vitalik and all their changes reinforce their power.

As more players get in an existing player should be facing more resistance to implement changes thus central power degrades. This is why I think a mature blockchain shall have fewer and fewer hardforks. There are a lot BIPs being proposed but the trend is they are getting harder to implement. This is exactly what I want to see.

I think most people in cryptos are still thinking let’s make better bitcoin. While I think the better question should be what else can we do with it? Gold has been existing on earth since billions of years ago, human discovered the use cases (currency, conductor) without asking God to add or alter any character of the substance. Functions can be discovered, Ordinals is a perfect example, even though I don’t like it, it opens doors to a lot possibilities.

Agreed

I will need to take a look at the video thanks. Everything comes with pros and cons there is no prefect thing in the universe.

Gold is bad at verifiability and diversifiability thus gold backed federal reserve system was born which was in effect a layer 2 system but with central corruption. Bitcoin doesn’t have onchain privacy but is that a problem if a decentralized L2 can deal with it? I guess I just weight decentralization and stability more than anything else. I see other people may weight privacy more. So let’s agree to disagree.🤙