In the gym 4 days in a row now. Getting in shape for the coming bull market or apocalypse whatever comes next.
Bitcoin maxis are mostly rekt shitcoiners so this is understandable.
I got the same opinion.
Popular opinion is that kyc coins will trade at a premium. Very few believe the opposite. It will definitely become illegal to hold and use non kyc coins in most jurisdictions.
Beautiful. There isn’t many people who gets it.
It feels like we live in a parallel world observing the madness.
In my opinion is it obvious that Bitcoin is unique and something that can never be recreated.
But I guess it’s extremely hard to get people to understand that.
I don’t necessarily think it’s bad that people get rekt on shitcoins. A lot of them eventually ends up as fervent bitcoiners. Everyone gets it at the price they deserve.
But I respect the fact that you are making content that might stop people from harming themself financially.
Lmao. This is one of the dumbest videos I have seen.
Bitcoin is the OG cryptocurrency.
The Bitcoin blockchain is the most secure and decentralized blockchain in the world.
The white paper isn’t a holy scripture that determines what Bitcoin is or isn’t.
But I guess it’s impossible to understand Bitcoin unless one lived through and fought in the block size wars.
Are you even a bitcoiner if you haven’t used Base yet?
To understand Bitcoin you need to understand money, history, technology and a whole lot more. But way to many bitcoiners ignore “crypto”. Many bitcoiners are even afraid of “crypto”.
Bitcoin spawned “crypto”.
“Crypto” isn’t a threat to Bitcoin. Monero makes anonymous payments easier. Tron gives unbanked access to cheap and permissionless usage of usd. Tron and Monero expands on Bitcoin’s use case. In the long term this will be obvious. Let people gamble on memes and jpegs. Everyone buys Bitcoin at the price they deserve.
To understand Bitcoin you have to understand “crypto” as well.
Would you prefer drivechains or a hard fork to introduce tail emission?
Bitcoin need more fees to survive long term.
It’s either some radical change or else the base layer btc transactions fees will have to go up a lot pushing most economic activity to other layers like lightning, wrapped btc on shitcoins, centralised custodials etc.
Reduce the circulating supply of btc. Make mining more sustainable long term.
Bitcoin is the only asset you can truly own. Why? It’s the only asset you can bring with you to the grave. Every other assets or property will be inherited or repossessed.
Die with your seed phrase memorized without backups and the coins will be yours forever.
Not a bad thread when it comes to the centralisation part. Doing ligthning non custodial is hard. Using a centralised service makes it easy and convenient, but it feels completely wrong as it goes against core Bitcoin principles.
I feel I can’t onboard (non technical) people to lightning with good conscience knowing it’s to hard for them. Alternatively using a service like Wallet of Satoshi is even worse. Not your keys, nor your coins. It’s not Bitcoin, but an iou. And centralised custodians usually end up getting people rekt. Plus privacy concerns.
Bitcoiners bashing samourai wallet is so cringe. If you dont understand that monero expands on bitcoins functionality you are redacted.
Monero is in many ways similar to what bitcoin were 10 years ago. Bitcoin has changed and it can’t be what we thought it would be back then. And that is fine. But it’s also the reason why we need monero.
The wbd episode was a great listen.
Contrary to popular belief. There will come a time when non kyc coins will be worth more then kyc coins.