nostr:npub1vfl7v8fgwxnv88u6n5t3pwsmzqg7xajclmtlfqncpaf2crefqr9qu2kruy and nostr:npub19utm2h58uxynuqx30w459f056cqnl8d6qywa25n6gecahd9klk7qq45rrk
Do you think that the higher TX fees are worth it?
Yes IMO. The resilience of the entire #Bitcoin system lies in its decentralization. The moment it reaches a point where you can't have a node in the hands of just anyone without significant investment, the network's security will be concentrated in a few hands and won't be as resilient. On the other hand, layer 1 is not designed for frequent transactions. If you need frequent transactions with low fees, there's layer 2 with LN (Lightning Network) and other applications that will undoubtedly emerge in the short term, or even, layer 3. Layer 1 should be reserved for long-term holding, it is the property settlement layer.
A good explanation of three #Bitcoin layers by nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m
No. Every inch by which the blockchain's blocks are enlarged significantly undermines the network's decentralization. We wouldn't be able to run #Bitcoin nodes on a RasPi with a TB SSD.
The data of 40 million Spaniards is up for sale. Now, go ahead and tell the Tax Agency about the #bitcoin you own. Tomorrow, someone hacks their systems, and the day after, you have four friends at your doorstep executing the $5 wrench attack.
Never give your personal data when acquiring #bitcoin. Keep your privacy.
#bitcoin #nokyc
Los datos de 40 millones de españoles a la venta. Ahora vas y le dices a Hacienda los #bitcoin que tienes. Mañana crackean sus sistemas y pasado mañana tienes a cuatro amigos en la puerta de tu casa practicando el ‘$5 wrench attack’
#bitcoin #nokyc
In the same way it was financed when the standard was gold. Spending only what can be spent without generating debt for future generations to pay. Obviously, this means reducing expenditure, since spending can only match what citizens are willing to pay, not through debt. Perhaps in this way, the state would focus solely on what it should: defense, security, and justice. The rest could be left to the free market, which would provide more efficient and cheaper services, giving citizens the choice.
#Bitcoin
Someone with #bitaxe Supra up&running?
Some figures of sats reward mining in pool (not solo/lottery mining) are highly appreciated.
Amén, irmão!!
You are already in. No matter which way, you will find yours. Once you see it, you only can go further and deeper.
For me, Bitcoin Standard (Saifedean Ammous) is a must and a good point to start the way.
Let un know. A B plan is key nowadays, and it certainly doesn’t align with the direction society is heading in the EU and US.
Regardless, fiat is destined to continually decrease in value relative to Bitcoin, no matter the pace at which this occurs.
I'm convinced that the halving will have a significant impact on Bitcoin's appreciation against fiat currencies, though in my opinion, it will be less than that seen in previous cycles. Let’s see.
Don't you think the effect of the upcoming halving is already factored into the latest #bitcoin rally? This halving is very different from the previous ones, both in terms of market capitalization and in the awareness of institutional players now involved in the game
#halving #bitcoin #price
Daría risa si no fuera extremadamente serio. Es una forma muy eficiente de debilitar nuestra sociedad, de convertirla en manejable, dependiente y frágil. Todo lo contrario a una sociedad resiliente.
It's a pathetic attempt to control access to a platform just because it allows access to content protected by intellectual property licenses. Something that can be bypassed using a VPN. The way things are going, occurrences like this will become increasingly common, and in each instance, we'll find a way to circumvent them and completely disregard their pathetic bans.
#freedom #liberalism #stateisevil
They can ban whatever the hell they want. Europe is going to shit. Now it's downright a duty to disobey and tell them all to go fuck themselves.
The situation inevitably leads to a point where, sooner or later and in one way or another, we as citizens consider civil disobedience as the only alternative to maintain minimal levels of freedom.
It's true, it's inevitable, it's there and always will be.
Bitcoin will be the store of value of the future or it will be zero. It will be worth millions or it will be worth zero. It's that slight possibility of being worth zero and the mathematical complexity of its model that necessitates its study if you want to understand it, which makes adoption slow and new entrants struggle to grasp the enormous possibilities that Bitcoin offers.
