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adhoc32
searching PlanetScale…
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31.
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by
adhoc32
5y ago
It is cheap for a global reserve currency. That's the ultimate goal.
32.
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by
adhoc32
6y ago
Miners pay for the electricity they consume which includes environmental taxes. Why ban them?
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by
adhoc32
6y ago
It will take decades for Bitcoin to become the global reserve currency. Until then people will speculate on the price and won't use it as a currency. It's a natural process, I cannot imagine another way for Bitcoin to be globally
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by
adhoc32
6y ago
Also this: https://99bitcoins.com/bitcoin-obituaries/
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by
adhoc32
6y ago
Of course they don't contribute to Bitcoin's technology, they are not coders. Using Bitcoin as a speculative asset is part of the adoption process. It is not yet a currency, it will take many years to be completely adopted. It
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by
adhoc32
6y ago
How? It's impossible to know if someone has lost his private keys or the address is dormant.
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by
adhoc32
6y ago
You assume that early adopters still hold their Bitcoins. You are (mostly) wrong.
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by
adhoc32
6y ago
Friendly advice, buy 20$ of Bitcoin to feel how it works before judging it. It might change your mind.
39.
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by
adhoc32
6y ago
Bitcoin bubbles burst all the time. Everyone have the opportunity to buy "cheap". Why do you care if some people take the risk to "hodl"? You can still get in (and take the same risk) without buying _their_ coins.
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by
adhoc32
6y ago
That is correct, my mistake. Anyway, Bitcoin is neither of them.
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by
adhoc32
6y ago
Most probably a US ban will crash the price, but it will recover in time. Also it will establish a black market in the US which is the worst possible scenario for the authorities as they would have absolutely no control over it.
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by
adhoc32
6y ago
The inflation may be constant each year but over the years it accumulates. Check yourself the inflation impact on your savings: https://www.rl360.com/row/tools/inflation-calculator.htm With inflation rate 2% after
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adhoc32
6y ago
Sure, but it costs money to store it and maintain it in a good shape. Also try sending the equivalent value of 100$ using a Honda Civic. Barter economy is impractical.
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by
adhoc32
6y ago
Please stop calling it Ponzi. A Ponzi scheme is a well defined scam with structural hierarchy. People lower in the hierarchy are obliged to pay the upper level money in order to stay in the game. They also try to recruit others in order to
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by
adhoc32
6y ago
At that time it will be impossible to ban because a large percentage of the US population will be exposed to it. If in spite of that they do decide to ban it there is not much they can do except ban the exchanges. The Bitcoin network is imp
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by
adhoc32
6y ago
no, a car for example devaluates over time.
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by
adhoc32
6y ago
There is the hyperbitcoinization scenario. If this holds you'll be an early adopter.
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by
adhoc32
6y ago
That it is a hedge against inflation because of the network effect and vice versa.
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by
adhoc32
6y ago
You're right.
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by
adhoc32
6y ago
A bitcoin address is the double hash with two different algorithms of the public key. Hardware wallets do not expose the public key to check the balance, they use the address. The public key is broadcasted when a transaction is signed so th
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by
adhoc32
6y ago
It needs lighting speed factorization to break Bitcoin. The public key of a bitcoin address is exposed only when the transaction is broadcasted on the network. The attacker would have about 10 minutes to factorize the public key before the
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by
adhoc32
6y ago
Use a hardware wallet
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by
adhoc32
6y ago
Hardware wallets generate a new address for each transaction (receive & transmit). It's impossible to maintain a blacklist feed.
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by
adhoc32
6y ago
Newbie question: Is it possible that the interstellar space is actually quite dense and only around stars the density drops due to the solar wind?
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by
adhoc32
6y ago
Too bad it has only 8GB and no SD card.
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adhoc32
6y ago
"A variable name can contain any UTF-8 symbols (except special ones, white-spaces; the leading character cannot be a digit) and is case-sensitive." This is terrible.
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by
adhoc32
6y ago
The pretrained model is unavailable. edit: downloading now, maybe the server was overloaded.
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by
adhoc32
6y ago
Fix the angles first, then move in parallel to the target. It's quite easy.
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by
adhoc32
6y ago
You will burn. Just don't.
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by
adhoc32
6y ago
But each block is used by multiple different files. Owning a block of a forbidden URL does not prove that you're committing a crime. Owning all blocks of that URL is an strong indication but still not a proof to justify raiding.
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