Yeah, that's called Bitcoin
Depends on where you live. In many countries the inflation is much bigger theft factor. One can interpret inflation as a tax, though.
So every army would get weakened evenly if nobody would pay any taxes. Gov's would have to sell the war every time so well that people would pay for it. That could lead to less war 🤔
#m=image%2Fjpeg&dim=1125x1280&blurhash=%7BEMaFc00oh%3FwyC0JkX%25gsis*t7%25MoejEn%7Eo0D%24MxWBV%5Bs8sks%3Bt8%24%24xZofW%3BWCoJjXj%3D%3Fa-%3BjZRjt7t7jrRj9FIU%252xuM%7CM%7Ct7oyMyaLfOM%7BNIR%2BoKof%25gxuods%2CofbIjZV%40%3FbM%7BjZ%25MRjofWBt7&x=6e55837ba8aac3df4b983bfda1b8adc9caf0ec908b06274a7ed304e38e8853cc
Monero is a shitcoin.
- Unlimited supply
- Constant hard forks
- Complex codebase (less people capable of analyzing the code == less security)
- Doesn't actually improve your privacy meaningfully
#m=image%2Fjpeg&dim=1920x816&blurhash=ZdI%23%242IUayRj-%3B%25MWBMx%25MIU-pogRjofj%5BofWBj%5B%7EqoLj%5Bj%5BM%7BWBofofM%7Bt7M%7BofRjR%25kBWBayj%5B&x=97511b7b0918ba3f20be4b717a341e44656acafc9c4677f70e235f3d1d6173a1Looks awesome! I would really like to buy one if you could possibly include a small pocket for coins also, maybe replacing the card pockets other side 🤔
My first long form note is about #Bitcoin and cross-input signature aggregation (CISA).
What do you think about? Could CISA be the next soft fork?
#bitcoin
nostr:naddr1qqxnzdesx56rjwfjxcerwdeeqgst5s9fr97acn8jayqtad8vvfgfxqea0zja3dq0nexsw4h5689gxfsrqsqqqa28gpk8cq
What’s the next Bitcoin soft fork?
According to the unanimous predictions of John Light, @Super Testnet & Alexei Zamyatin, it’s going to be OP_CTV.
John also gives a nod to BIP300, while Super Testnet is one of the developers who theorized Drivechains can get enabled by BitVM.
Learn more by listening to S15 E6 of the Bitcoin Takeover podcast!
#bitcoinpodcast #bitcoindeveloper #covenants #opctv #bip119 #softfork #drivechains #bip300 #bitcointakeover #podcast #bitcointakeoverpodcast #btctkvr https://video.nostr.build/702628a81b32cb97da38bdbd7fd743aa1499e29d46aa358d46377d343c9b0a0d.mp4
CISA would be very nice. It would make tx's bit less expensive and boos scalability by allowing multiple signatures to be combined into one. On top of this, CISA can make coinjoins cheaper by allowing signatures in a single transaction to be aggregated.
SIGHASH_ANYPREVOUT also would be cool so Eltoo could be implemented in it's full potential 🤔
#m=image%2Fjpeg&dim=864x1920&blurhash=%5BRK%5E.*%24%24xoax_N%24zWToJ5FjZj%5EbZ-.RlRkR-EMW-oga%23ElNKS4WFI%3BI%3Baef7Sht7s%3As%3ANFj%3FWBoe&x=e29e972a3f6b87b7cc4a330e584d2e06ab64ee95be9ad6530d8d653af5a15178Looks like a cool version of a classic mahjong!
What's the name of the game?
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Diamond Duck likes Bitcoin, he has diamond hands. Diamond Duck doesn't like the ETF's, because they're just paper and he doesn't have a paper hands.
#art #bitcoin #etf
What are those claimed collateral effects that could happen if large amount of bitcoin will be in centralized custody and behind KYC/AML walls?
I can think of some but most of them are not very positive 🤔
No, one of the most boring.
Why are people thinking that new custodial solution with extensive KYC/AML regulations would be any important?
Relai or Peach in Europe are working nicely.
#m=image%2Fjpeg&dim=887x916&blurhash=%7CrOWQkWBWWWBayoLazofj%5B%25Mf6WCayj%5Bj%40azazayM%7Bayjsj%5BWVj%5Bj%40jsjt%3FwWBaeayj%5Ba%23f7ayayx%5Ejsayayayayj%5BoLkCROj%40azayj%5Bj%40a%7Cj%5Bj%5BjYoLWVbHayj%5Bj%5BfQj%5Bt6Rjj%5BayayaeaykCj%5BR*ayj%40f6j%5Ba%7Daya%7CWB&x=d8336eba7b376ef0767de048896a6b8b613a85dfe1754a5c5d313722342b4a1dNot accurate. World bank and IMF loans money to african leaders against the future of the african people without their permission. A loans which they have to pay back twice.
If efts are approved this week, how it will be any good? 🤔
Isn't it just a new custodial solution, but with full KYC/AML regulations?