Yes, and you can install them through Umbrel also but if node is pruned, they won't work.
Just did the same few months ago. Node works fine but Downsides are that you cannot use lightning, mempool or electrum.
That theory is clearly wrong. Stealing would be if we agreed $95 pay and you pay only $90. Then you would steal $5.
Another example:
If you sell me 10 apples for the prize of $10. Then I notice that another store sells 10 apples for $8. Does it mean that you've now stolen $2 from me? 🤔
But it is not stealing we agree with the conditions.
You arrange the $100 job, I agree to work and get paid $95, you get $5 profits. But one needs to understand that this $5 is not free to you, you worked for it, you had to negotiate with the customer and with the about the job and pay.
Often those negotiation are hard and sometimes the worker do bad job and it's your job as an employer to fix all.
It will start only after BTC dollar prize exceeds the block height. Sorry but I don't make the rules
You don't keep that surplus for youself, it's for the company profit and company profits have 3 very important functions in economy (we can talk about them also).
About the risks. If the company fails you get bankrupt, but the worker is not, they got paid as was negotiated all the way.
You as an employer need to also do work to find a suitable worker, a work that doesn't pay unless you find a worker that is willing to work for you and will succeed at the job. If the job is dangerous, you would need to pay higher wage and do more work to find a worker with suitable skills and willingness to work for you.
The worker can always start a business and work for themselves, but there's definitely many reasons why many workers decided to work for someome else.
You have interesting way to look at this, I almost thought the same before I started studying austrian economic theory.
Do you believe that every company should be non-profit?
Ok, I see that as a necessary and important part of the economy.
Example:
You have a company and have more work to do than you can do by yourself, so you want to offer a productive job for someone with the needed skills.
Let say there's a $100 job. You as an emloyer need to calculate the correct pay for the employee so that your company can get the job well done + get some profits. You would not pay that $100 directly to the employee, right?
You as a ceo of your company take a multiple risks running the company and it's not charity so your goal is to make some profit and with that profit you plan to expand and employ even more people, which is very good for the economy, right?
Nice. So do you think that the surplus value is needed and it's a important part of the economy, or do you think like Marx that it's just a way to exploit the workforce? 🤔
gm
The rise in prizes is not inflation, it's the consquence of inflation.
What are those little things you love in economics?
What could stop him?
That makes you a loser.
We need to scam central banks in their own game with #bitcoin, we need to scam corrupt govs in their own game with #freedom.
If you play with their rules, you're losing automatically, and hence the question, do even want to win?
🤯
Mathematics seems to confirm that either of these is true:
1. Satoshi have already break the ECDSA
2. Satoshi generated their public keys without knowing the PRIVATE KEYS!
https://bitcointalk.org/index.php?topic=5481972.0&ref=upstract.com
What would it mean if Satoshi really didn't ever have any private keys for any of those coins we think was generated by Satoshi?
#bitcoin #satoshi #ecdsa
🤯
Mathematics seems to confirm that either of these is true:
1. Satoshi have already break the ECDSA
2. Satoshi generated their public keys without knowing the PRIVATE KEYS!
https://bitcointalk.org/index.php?topic=5481972.0&ref=upstract.com
Exactly. #Bitcoin doesn't make me to not want to eat or to have fun or save time by driving a car. But it surely makes me to think if I really need that third new smart phone with those cool new features within a year, or do I really need to fly twice a year to other side of the world to have vacation.
All those things mean that more resources will be saved and those who really needs them will get them cheaper.
