fee.org: Can Dollarization Fix Argentina’s Inflation Problems? -- https://tinyurl.com/2hdobol4 -- Dollarizing may be a quick and effective solution to a pressing issue, but in order for Argentina to escape its seemingly permanent crisis, the list of changes is going to have to be more extensive. #liberty #news
Someone once said if an article title ends in a question mark the answer is usually no.
I just broadcasted it, maybe it won't take too long.
So you own the garden then? Because it sounds like you all pay for dirt you could have owned yourself. What is a casual relationship in terms of technology?
I'm opening a lightning channel for 1sat/vb. I think I can squeeze it in somewhere in a day or 2.
Until they change the howey test, if the asset/token is expected to increase in value and is issued by a central party, group, or individual it is probably a security.
Bitcoin's issuance is determined by miners, randomly, and value is not guaranteed by any central authority, group, or individual. Then you exchange bitcoin for a token that someone says should keep it's value or increase seems like a business to me.
The processes sounds like putting a hat on a hat. Just my 2 bits.
Every cloud service is built on open source too, so this open source AI could go south real fast. I've got no skin in the game but I think you AI fans should stay vigilant.
the legend Super Testnet has produced the first valiant attack on ordinal inscriptions by inscribing a 0-value transaction, causing joy from hater maxis, and panic from JPG grifters like me
but the situation is not as bad as it sounds, here's my understanding:
he created an inscription on a 0-value input, 0-value output transaction 🤣
https://blockstream.info/tx/2814d0a3c9e6dd5b88911a6280fc3899391f5c47072eb11593af2838160fad2f
which he claims has broken ordinal theory. however i believe this is incorrect and the key is the difference between "ordinal theory" and "inscription numbers"
"ordinal theory" is the made-up system of tracking individual satoshis throughout their history, but nothing was actually broken here
satoshis are still numbered from their creation and correctly tracked to their current locations
what *was* broken is "inscription numbers" - this is just an arbitrary way of tracking what order inscriptions occurred
note the difference between ordinals and inscriptions
ordinals is a tracking system
inscriptions are the actual jpg files: monkey penises, nostr:npub1avw2c2syd82p5nddqgm5cs8czl3rn6ymek0k6x0zujjsuy5m30fqt7j3gh, etc
"inscription numbers" are just a vanity metric putting an order to which inscriptions came first.
some collectors like having the 100,000th inscription, for example or whatever
these are all messed up now, because super_testnet's transaction exposed some logic in the software
personally, i think this is totally fine. in fact, i think inscription numbers were broken already early on anyway
so in summary:
- if hoping to inscribe the 4-millionth inscription, you're gonna have a hard time getting that right because the tracking is broken
- the ownership of your existing and new ordinals are all totally fine, monkey pensis are safu
- "rare" sat tracking unaffected
if you want to cause more chaos, you can use super_testnet's exploiter tool and wreak more havoc
https://github.com/supertestnet/breaker-of-jpegs
turns out the 0-value inscription for the attack was actually awarded to the miner of that block
and the inscription says "you will use soma and you will like it"
https://ordinals.com/inscription/c1e0db6368a43f5589352ed44aa1ff9af33410e4a9fd9be0f6ac42d9e4117151i0
soma is a proposed concept for a "spacechain" which can be a future maxi-approved way to do collectibles without bloating the blockchain as much
https://github.com/nbd-wtf/soma
that's all for now, will post updates and please correct me if anything is wrong.
and make sure to follow me if you want to get scammed with my next grift!
Let's give it some time for the exploit to propagate. Cheesy popcorn time.
Not sure, maybe sarcasm. It's my understanding that folks running supertestnets process will begin breaking ordinals from the beginning to today, such that brc20 tokens can no longer be tracked or even reassigned, and inscription numbers will forever be off by one. I could be wrong but I've got my popcorn.
So someone creates a protocol to allow anyone to post what they want and folks are already trying to shut, certain folks, up. Remove the zapping feature and bitcoiners will happily leave. You all can go back to ads models or subscription models.
Haha, so we are in the raging 20s again?
I love seeing these correlation posts on Reddit. It is very easy to check. Take the 10y s&p 500 chart and overlay it with bitcoin's 10 yr chart. Nothing will line up so no correlation. The Fed already published a report stating even they couldn't find anything that correlates with bitcoin, which confused them because it also doesn't seem to follow in micro/macro trends either.
What "dollar" are you referring to?
It's hard to sympathize with folks who refused to listen and laughed at bitcoiners for more than a decadem too.
That would be a problem for ssl/tls operations using a cipher algorithm utilizing sha1 but in bitcoin mining operations that doesn't really apply. I thought op was referring bitcoin mining.
Will they be able to withdraw it from an ATM or from a bank?
Here in the US a great deal of people, mostly 40+ years of age, use cash. So when the digital deposits come in they will want to withdraw it for cash.
You could probably get away with just drawing ₿'s on any bikini. But you might get people staring at your ₿'s.