r3ctilinear

4 ms·

1.
by r3ctilinear 2y ago
I hope it's not vulnerable to anchor drag 'accidents'.
2.
by r3ctilinear 2y ago
Since the July 2014 mining pool distribution wake up call (the likely "attack" event you're referring to and blowing out of proportion) Bitcoin mining has become more decentralized and more mindful of safe hash rate distribut
3.
by r3ctilinear 2y ago
I have been using bitcoin since shortly after it's inception. I don't buy any of your spurious claims. Bitcoin survived the blocksize war of 2016 and it's only become more durable and secure since. 51% attack is now outrageou
4.
by r3ctilinear 2y ago
Exactly. People forget that btc is still in price discovery. A brand new global monetary standard isn't priced by edict, the market must figure it out. Of course it's volatile, if it were smooth/predictable then this predicta
5.
by r3ctilinear 2y ago
Absolute sovereignty is the important detail that brings the strategic reserve argument into complete focus. There are many types of wealth but none of them offer the level of freedom against censorship and external interference that bitco
6.
by r3ctilinear 3y ago
Next steps will be: Observation, more observation and if it remains sufficiently interesting then perhaps some bespoke observation. Nothing will be sent in the foreseeable future.
7.
by r3ctilinear 3y ago
People were so distracted by the circus that is 'crypto' that they failed to notice as the original opensource cypherpunk money has been steadily coming of age. Lightning does what these people want. The volatility spooks people b
8.
by r3ctilinear 3y ago
I think it makes sense as a local minimal during a process of iterative compromise. They arrived at 'if it ain't broke don't fix it' and shall stay there until changing conditions break this stability.
9.
by r3ctilinear 4y ago
Keep a modest Bitcoin wallet canary on the computer and run an activity alert from elsewhere. If I'm compromised one of the first things they'll do is steal that money. It's not perfect but it's a data point that gives m
10.
by r3ctilinear 4y ago
Donovan's Brain
11.
by r3ctilinear 4y ago
Weird Al's "Fat" did not mock Michael Jackson. The "Fat" song was a parody which continued on the theme established with "Eat It". Mockery is quite different to parody.
12.
by r3ctilinear 4y ago
With a sidekick called... Murty?
13.
by r3ctilinear 5y ago
Because we let the bean counters decide the beauty of our architecture.. Like an unused muscle, our capability for physical artisan works withers..
14.
by r3ctilinear 6y ago
Incorrect. The proof of work difficulty scales automatically. If the miners/hash-power reduces then blocks become easier to mine. The Bitcoin blockchain could subsist on a minuscule fraction of todays energy usage if the majority of mi
15.
by r3ctilinear 6y ago
"Future changes"? "Who knows"? The more efficient changes ALREADY HAPPENED years ago in the form of Lightning network. The Bitcoin blockchain is the bedrock of this new peoples currency and upon it has been built the Lig