freejulian

25 ms·

61.
by freejulian 9y ago
> Any reason why the Venezuelan Government would continue to keep SMS BTC transactions live? How would they stop them? I could send the transaction via carrier pigeon if I really needed to. I can encode them however I please.
62.
by freejulian 9y ago
Ok, but that's not what we're talking about is it? I'm happy to switch the discussion to Lightning. As a consumer, I don't always need to be online. I can open my channel and only come online when I want to send a payme
63.
by freejulian 9y ago
To each their own I guess. There's numerous reasons I'd feel safer with my savings in Bitcoin.
64.
by freejulian 9y ago
Sure, but if it was Steam and Stripe that caused the insane fees wouldn't the growth have been more organic? I look at that graph and see ridiculous spikes in transactions followed by months of very few. I have a hard time believe Ste
65.
by freejulian 9y ago
> Enough retailers have stopped accepting Bitcoin that there are fewer transactions That's one theory. Another theory is that bad actors were spamming the mempool and have stopped. A quick look at historical mempool stats: https:&
66.
by freejulian 9y ago
> don't you need reliable electricity Electricity is only needed to send a transaction. > and internet first You can send a transaction via sms.
67.
by freejulian 9y ago
How are they going to securely store those USD?
68.
by freejulian 9y ago
Bitcoin Cash was listed in an incredibly dishonest way. They “surprised” announced it at 8pm on a Tuesday night. Along with the “launch” they had disabled selling bch from the fork (you could only buy). The launch coincided with Roger Ve
69.
by freejulian 9y ago
149gb for the txo set, the entire history.
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by freejulian 9y ago
Bitcoin doesn’t need an ssd to sync. Additionally, a bitcoin full node requires just 149gb — and it’s been around much longer than Ethereum! Ethereum is broken.
71.
by freejulian 9y ago
> Raiden is a comprehensive implementation Is the lone implementation which is still on testnet and no ecosystem surrounding it. > ERC20 tokens, something that Bitcoin doesn't even have. Bitcoin has no interest in implementing an
72.
by freejulian 9y ago
https://www.signalplot.com/what-is-bitcoins-correlation-with...
73.
by freejulian 9y ago
Raiden is a poor and incomplete implementation of Lightning. Bitcoin has 3 independent implementations and a developing ecosystem of software around it. Proof of stake is a pipe dream. Such a system can’t reliably achieve consensus due to
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by freejulian 9y ago
Huh? You can’t cherry pick your data and claim something is “well correlated”. Well researched data shows bitcoin has no correlation to any exising asset class which is why it’s a great risk reducer to add to a portfolio.
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by freejulian 9y ago
Bonds, stocks, and real estate are all collapsing as we speak. Have fun with that mindset. I've happily holding my bitcoin I've had for years, even buying more.
76.
by freejulian 9y ago
I never denied that. However, second layer solutions are an afterthought in the Ethereum community. The Bitcoin community has been very vocal about solutions such as rootstock and Lightning Network being the preferred methods of scaling
77.
by freejulian 9y ago
The author seems to gloss over the immense scaling issues Ethereum is facing. Furthermore, his dismissal of Bitcoin makes it clear he’s naive on its roadmap. First, Bitcoin has smart contracts. Not providing a Turing complete scripting lan
78.
by freejulian 9y ago
They should start by getting rid of Swift and all their proprietary APIs. Xcode is a never ending exercise in frustration. Their storyboard UI builder is even worse. And API's are constantly being deprecated and "best developme
79.
by freejulian 9y ago
> Deflation decreases the velocity of currency (less incentive to spend due to rising value), which is bad for the economy (less activity, so fewer job opportunities, leading to even less activity). I think you meant to say significant d
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by freejulian 9y ago
> So, it's not spent from your wallet? Huh? I think this comment shows you don't know what a hardware wallet is. When I spend bitcoin, I spend it using my hardware wallet. > If it can be used to gain access to your wallet,
81.
by freejulian 9y ago
> Inflation encourages reinvestment. Inflation encourages malinvestment. There's always a motivation to invest and earn money from selecting profitable ventures. Inflation forces people to be less selective. > In a deflationary
82.
by freejulian 9y ago
Contrary to popular belief, deflation is good. Inflation benefits those with capital producing assets. For workers, inflation forces them to continuously fight for the same wage they had a year ago.
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by freejulian 9y ago
1) I can take out an insurance policy for my bitcoin, just like you have at your bank 2) Your insurance only applies up to 250k. So keep 250k in your bank, and the rest in bitcoin since it's more secure.
84.
by freejulian 9y ago
> If your debit card was in a safe deposit box, it would have been just as safe. Um, no. When I spend bitcoin, I'm not exposing myself to the risk of someone having complete access to my account. When I use a debit card I am. Hug
85.
by freejulian 9y ago
Safe deposit boxes held in a vault is one of the banking services I'm OK with.
86.
by freejulian 9y ago
As someone who just had funds removed from their bank account via a skimmed debit card, I trust my bitcoin savings infinitely more than my dollar savings. To protect myself from fire or flood, I have one of these: https://cryptos
87.
by freejulian 9y ago
I thought we were talking about security, not insurance?
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by freejulian 9y ago
A hardware wallet is safer than your bank account.
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by freejulian 9y ago
> Facebook themselves have admitted millions of people saw content traced back to the Kremlin-connected Internet Research Agency. Ok, what actual hard evidence is there? Who actually purchased the ads in question? Can we see the ads th
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by freejulian 9y ago
Who purchased these ads? The Russian government? A Russian company? A Russian individual? I'm asking for hard evidence, that's all. Please show me some.

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