Bitcoin has a use case?
Now they just need to match the ease of use #BCH has!
Hmmm.
1. run a Bitcoin Cash Node
That's it!
No hoops. FAST & Easy.
#btc #bch
My guess is everyone dumping Monero for Bitcoin
From the "Privacy Shmivacy" files:
"Every phone call you make and text you send passes through an invisible system so critical that the FBI queries it millions of times annually. Most Americans have never heard of it. But this âultimate little black bookââa system that maps not just phone numbers, but traces the patterns of number ownership and manages important parts of our daily communicationsâis about to vanish behind layers of private ownership and regulatory resistance.
August 2024âs quiet announcement that Koch Equity Development (described by Bloomberg as, âa private investment arm of Koch Inc.â, which recently rebranded earlier this year from Koch Industries Inc. to simply, Koch Inc.) would acquire iconectiv (formerly Telcordia) for $1 billion barely made headlines outside of industry publications. The deal appeared, at surface level, to be about phone number portabilityâthe system that lets consumers keep their numbers when switching carriers.
The reality is far more concerning.
This investigation reveals how America's most sensitive telecommunications infrastructure could soon be controlled by a private conglomerate that is simultaneously fighting to weaken federal regulatory authority."
https://www.hackingbutlegal.com/p/the-secret-system-behind-every-call
#privacy #technology
Signal.org
SimpleX.chat
No worries
What are #Monero flaws?
Having their livelihood bound to Bitcoin via industry sponsorships skews their messages heavily toward profit motives, thereby blurring the truth of the influencers' messages.
This is likely the reason McCormack changed the name of his podcast. He could only question whether LN was true self custody so many times before secretly realizing the BS he was shilling.
The ideals that make (made?) Bitcoin amazing exist in a few other coins, inspite of influencers consistently saying Bitcoin is the only one, a number of others are also decentralized, censorship resistant, limited supply.
Unfortunately Bitcoin (BTC) is no longer designed this way. It is now a convoluted mess of Layer 1 (to fix banking), Lightning Network (to fix Bitcoin), FediMint (to fix LN), eCash (to fix FefiMint). All of which takes hours to setup and learn each step, all to make bitcoin Peer to Peer Electronic Cash again.
In the meantime,
BCH has Selene.cash which download & installs in about 30 seconds, and immediately opens up to a receive QR, and POS.cash , which in less than 10 minutes becomes a non-custodial point of sale cash register.
You can add XMR & LTC to the list of much faster, cheaper & easier to use cryptocurrencies that are not built around add-ons, and work great right out of the box.
#BCH #LTC #XMR
What's wrong with https://www.getmonero.org/ ?
Bitcoiners are all like busy building a better mousetrap with Lightning, Liquid, BOB, Tornado Cash, Wasabi, CoinJoin and whatever other Mickey Mouse mouse noodleing they come up with.
Meanwhile, Monero, Litecoin, Bitcoin Cash, Doge, are all selling mice for pennies because they've caught so many.
I've had a small Lightning channel of 1M sats closing for MONTHS. I can't bump it. There's only 10K sats on my side, so I don't really care. I decided to go back through old Plebnet chats and found the node owner. He didn't know he had 990,000 sats sitting there in limbo đź His node is dead because of hardware issues. I showed him the nostr:nprofile1qqsrk63a8wentzpk5ex3eqpf9wtww6vwcddzuh9y2800567n4ulwhpqpzdmhxue69uhhqatjwpkx2urpvuhx2ue0532llr Accelerator. He's going to get his sats back! đ«đđ€đ»
Litecoin, BCH & Monero don't have this problem. Just saying.
Great video to show those who think Sweden's tax system is far better than the US.
Unfortunately, the article goes on to essentially say, stick with your regular out of the box Google/Android OS, as it is the most secure.
The car will last for years & years. But the engine will likely need new head gaskets more often than you would like.
I can tell! The early months were fun. Then I started asking myself questions like, How will 2.1 quadrillion units be enough for 10 billion people? or If bitcoin has a limited supply and 1% or so gets lost every year won't it ultimately consolidate into being owned by just a few people? Or worse, just become worthless.
Then I found out about the Blocksize War, discovered Litecoin, Monero, Bitcoin Cash and others. Some are shitcoins, built to scam, but the 3 I just mentioned are all excellent, decentralized coins designed to work as Bitcoin was meant to. Instead bitcoin has been hijacked not to revolutionize tradfi, but to replace it with familiar custodianship and centralized control.
"It seems to be the only money..."
It sounds like you've switched from one kinda Maxi to another.
BCH & LTC fit the bill as well, without the superiorty complex. Doge has some great aspects too. There are many cryptos that make great money. It's probably a good idea to get used to swapping them all, cuz it's essentially tribal money, and taxes will have to be paid in USD.
For those of you with your hearts broken and heads spinning because you are finally catching on to #Michael Saylor bullshit. You may as well rip the Band-Aid off and read Hijacking Bitcoin too.