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Mr⚡2MB 🐇🏴‍☠️
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#Bitcoin Follow the black rabbit Noderunner⚡ Award winning shitposter Irritating to the skin ============== English Français 中文 العربية

Bitcoin is showing us how freedom is really like.

It is our responsibility to introduce the world to it. We all deserve to be free. Humans were created to be free, it is within our nature. So all forms of slavery do not suit us. Bitcoin does.

Do not oppose freedom, do not oppose bitcoin. Bitcoin is for everyone, "rich" and "poor", so if you're not for it, stand aside and let others benifit from it. The only reason you would be against it is that you're against freedom.

"I'll rather have Bitcoin adopt large block sizes like BitcoinCash. That'll speed up transactions and keep it fully decentralised." - the speed of blocks are the same, having empty blocks is what speeds things up, not the size cap.

You can't scale a blockchain up without losing decentralization. We have to be really careful here.

Pushing the blocksize up too much would end up with less nodes/mimers because the blockchain would be too big for many people. And this isn't just about the size of the hard drive, it's about the need for more RAM, CPU and most importantly, the internet bandwidth. Yes, people in first world don't care much about these, people in third world countries do.

Anyway, #Bitcoin blocks are already at up to 4MB which is 1/8th or bcash Max of 32MB.

If bcash magically became the only currency in the world, that shitcoin wouldn't be able to handle the transactions. LN is capable of it. It ain't perfect BUT it's the best we currently have.

"I don't really trust Lightening from the little I know about it. Having to pay a provider to manage a pseudo-centralised node to which you can carry out small quick transactions is kinda scary (but again, I'm paranoid of every centralised thing after seeing how politics has evolved the last few years 🤣)" - run your own node, nobody is pushing you to pay someone to use theirs.

If you really are that paranoid, RUN A NODE. Seriously. If you're connecting your (HW/SW) wallet to anything but your own node, the software is leaking way too much of your info.

If you want to be a part of a decentralised network, be a part of it, not just a user, trusting third parties.

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From a currency perspective, bcashers claim that bcrash is not a SOV but a MOE only. And then they encourage everyone to buy it and to start using it.

Now what I don't understand is if btrash is a MOE only, why don't I just use another shitcoin like litecoin or a CC for purchses? What's so advantageous about using bmash?

Cry harder is exactly right!

"Indeed, except for laundering proceeds from drug trafficking as well as hiding assets from creditors, estranged spouses, and the tax police, cryptocurrencies have no use."

Uhh, El Salvador would like a word.

"In the wake of the second largest bank failure in history, you should be deeply concerned that for more than four decades we have failed miserably at regulating banks."

But bitcoin only started a decade and a half ago.

Quick flashback: The price of bitcoin was around $16k on January 1st.

Today it's around $26, that's an increase of about 62% (in 2.5 months).

If you look at their FAQ, you'll notice they suggest you get a lightning address from WOS or GetAlby which is really strange given they're the ones who are supposed to give you an address.

I still can't believe we're buying bitcoin with paper. Bitcoin sellers must be ultra regarded.

#[0] Problem with the left margin. First time I noticed it.

Because the Egyptian government has a new grand museum, they are slowly bringing out never seen before things from the museum's secret basement storage. However, I'm not sure whether this particular hieroglyph is well known or not.