LAMike

7 ms·

31.
by LAMike 3y ago
Why?
32.
by LAMike 3y ago
You'll have much, much bigger problems if SHA256 is cracked by quantum computers. Like airplanes falling from the sky and national power grid outages type of problems.
33.
by LAMike 3y ago
No, Wall St. joined the party 15 years late and allowed retail investors to get a 10,000x return before buying it on behalf of their clients.
34.
by LAMike 3y ago
Maybe because its the best performing asset of the past decade? Just a guess
35.
by LAMike 3y ago
> When I started with BTC 12 years ago Wow, you must be rich and retired from Bitcoin right? You had the opportunity to by at single/double digits and you secured generational wealth? Hoping this is true :)
36.
by LAMike 3y ago
Yes, the computers that power the Bitcoin network (the biggest supercomputer in the world) does produce a lot of heat. That can be a positive sum solution for those in cold climates, who are already paying hundreds or thousands a month to s
37.
by LAMike 3y ago
Keep hoping, keep coping... one day your wish might come true! But more likely, people in our generations will still be working until they are 70+, and their 401k will have some allocation to a Bitcoin ETF.
38.
by LAMike 3y ago
Don't worry, the 401k your company manages for you will make sure there is an allocation to a Bitcoin ETF! Also not your keys, not your coins. If you can write 12 words, you can secure your own funds.
39.
by LAMike 3y ago
> Finally a workaround for high transaction fees! Never heard or used Lightning Network? Try it out on Cash App or run a node on an old laptop if you want to learn more. > once the exchanges hold most of the coins Exchanges hold a sin
40.
by LAMike 3y ago
Will there be an API to upload lessons in bulk?
41.
by LAMike 3y ago
Distribution of Bitcoin has been happening for 15 years, because you can't live inside of a Bitcoin, and people need to survive. You don't understand economics if you think people will never spend their savings, when the time is r
42.
by LAMike 3y ago
It's Satoshi, and good luck on Mars, I'm sure Elon would be a great leader for you
43.
by LAMike 3y ago
> Bitcoin transactions aren't exactly exploding. And now that chain is also getting cluttered with trash jpegs (Ordinals). Pick one, it can't be empty and cluttered at the same time > I would be happy if it goes down because
44.
by LAMike 3y ago
First off, props for admitting that LN could get 10 million users on board in 11 days, even with a conservative 10 tx/s estimate. If you look into channel factories, this could scale the potential users to 100 million users in less tim
45.
by LAMike 3y ago
> Cope
46.
by LAMike 3y ago
I encourage you to find out the difference between "crypto" and Bitcoin I think the Lightning Network has the potential to onboard millions of people today, and billions in the future. Check out how to run you're own node, be
47.
by LAMike 4y ago
Hopefully this pivot allows them to realize promoting altcoins like Doge will not take them very far, and go deeper on the Lightning Network integration to enable their customers to move funds and use apps made on L2/Nostr
48.
by LAMike 4y ago
> Bloomberg said Irrelevant East Coast media company comments on Bitcoin lol
49.
by LAMike 4y ago
Congratulations on seeing this product all the way through production, a lot of people would have given up with all the headwinds of the past two years
50.
by LAMike 4y ago
Figma wouldn't be a 20B buyout without WASM, you're coping hard right now
51.
by LAMike 4y ago
An open sourced Electron/Desktop app for editing videos sourced from Youtube might be successful, but everything runs in the browser and it's more universal. With WASM, things get more interesting because the capabilities will get
52.
by LAMike 5y ago
Just like the Internet, Bitcoin is built on layers. The Layer 2 technology, like the Lightning Network will fix the "infinite data on disk" problem. > centralization of the miners will continue to increase Ask yourself: why do
53.
by LAMike 5y ago
Then what happens when AWS goes down? Bye bye Ethereum. There is only 2,500 ETH nodes today, most run on "cloud" services which cost hundreds of dollars a month, soon to be thousands
54.
by LAMike 5y ago
I wrote my name in the Bitcoin blockchain 6 years ago, I barely knew Javascript. For a blockchain like Bitcoin to fit all of its transactions in only 420GB is an engineering feat that should be admired The blockchain data will never be &q
55.
by LAMike 5y ago
If anyone wants to learn about BSV, simply Google "Florida perjury Craig Wright"
56.
by LAMike 5y ago
> The MobileCoin transaction fee is currently around 50p ($0.60) It costs 1 SAT to send money over the Lightning Network, but you can't run a pump and dump on that so "MobileCoin" it is
57.
by LAMike 6y ago
Tulip Mania? Never heard of that one!
58.
by LAMike 6y ago
> please just kill me I don't want to live in this bizzaro reality. Don't kill yourself, just buy Bitcoin and relax
59.
by LAMike 6y ago
What do you mean people can't agree about the number of ETH? Look up #SupplyGate on Twitter > I don't see why running a full node is such a huge problem. Of course you don't lol > Do you think this means ETH will someho
60.
by LAMike 6y ago
I think they're both overvalued, but as BTC reaches 100k, it will drag Coinbase along with it past AirBnB and possibly Stripe

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