This is the way!
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This is the way!
Couldn’t agree more!
This is the way!
Same with Wallet of Satoshi and Zeus. Amazing wallets apps out there now.
I personally find this to be a gross over-simplification. Humans need to be careful of glorifying our thoughts and thinking. There is much more to biological life and consciousness than thinking. AI is far from what we are. If anything, Bitcoin needs to be involved. As at least Bitcoin is constantly maintaining a kind homeostasis. This is a function much more akin to biological life. Thinking takes us away from the conscious experience.
Thanks for drawing attention to this issue. You captured it well. I am very passionate about this subject, and so is the people I work with at . The mining industry certainly needs healing.
Much respect to you too brotha. Always happy to have a civil conversation.
That’s cool, you are entitled to your opinion. I am a little unsure you quite understand what a chain rewrite would entail, because BlackRock having influence over Bitcoin mining companies certainly does not lead to that possibility. It would require so much more. I have also rarely ever, maybe never, seen monero being accepted at any merchant I have interacted with. I pay for my life using bitcoin, I don’t see how that would be remotely possible using monero. I also very much disagree on many levels that it’s hopium to think the world will move to a Bitocin standard. But this thread of replies is long enough. Again, I am happy to agree to disagree.
While it’s good to be wary of all of that stuff, I certainly do not find it any reason to store my wealth in a less secure network. Bitcoin is money. Everyone will own money. That is inevitable. If you wish to own some coin on a network that no powerful entities hold, you will likely never have money that the rest of the world accepts as a medium of exchange. Those entities hold Bitcoin because it is secured by energy. Energy is power. Bitcoin gives power to anyone that holds it. I can’t say the same for the other coins.
If a coin is secured by less hash power, then it is easier for a state actor (as an example) to come up with enough hashrate to rewrite the chain. The more energy at your disposable, the more capable you are of creating a longer chain and rewriting the networks history. This has not happened yet, but it’s possible. It is why Bitcoin is so secure. The amount of energy required to rewrite Bitcoin is immense. This isn’t as true for the others.
Customer Success at Abundant Mines Author of The Ancient Way of the Mind