
Who’s been checking out Bitch@?
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EditWho’s been checking out Bitch@?
Just helped a friend the other day boot up a Multibit HD wallet from 2013 that hadn't been opened in more than a decade. It took a day to get current, but it connected, downloaded and verified blocks, and he sent a transaction to his new keys without a hitch. Wild. Multibit was the goat.
#Bitcoin has "no intrinsic value" in exactly the same way language has no intrinsic value. The value of both is derived from the network it creates and what what is possible only with if that network exists. A society without language to communicate information is so poor it's hardly worth calling it a "society." The same is true for Bitcoin and sound money. Keep watching. The world of bitcoiners will keep getting wealthier, and the fiat world will keep getting poorer. You are invited anytime you would like to stop having fun staying poor using money that explicitly steals from you and says its for your benefit.
People don't realize that #Bitcoin can conquer a $100+ trillion market simply because of multisig and the unbreakable reliability of its settlement. There is no collateral that can even come close to any of the 5 most important traits you want in a perfect collateral. Bitcoin destroys all of it. - quick to exchange - easy to verify - easy & quick to liquidate at any time on any day - cant be damaged, perfectly portable - completely unmatched in mitigating trust and custody concerns Literally nothing is even in the same ballpark.
Ai is becoming the most invasive surveillance tool ever, it’s explicitly bypassing all encrypted communications, sandboxing, and privacy implementations so that it has “the right context.” It is literally reading passwords off your screen. For a little bit of convenience, we are losing literally every major barrier we have built for privacy and security in one swing.
"hate speech" and "misinformation" is EXACTLY what free speech was enshrined to protect, because every single person in power believes that speech that threatens them is necessarily incorrect and "dangerous." If you cant think hard enough to realize the label of what is "truth" is the very principle in question, then you are destined to live in a cage built of your own ignorance.
I’m gonna stop referring to the “fed’s decisions” and start exclusively calling it “our central banks new price controls.” It’s foolish that we go by their fake names instead of calling a spade a spade.
So #Monero is being persistently 51% attacked right now by paying miners who merge mine a shitcoin token and reorging all of the blocks produced by the rest of the network. And miners are staying because they are making like 300% what the other miners are making do to the shitcoin. Looks like they’ve had a few 6 block reorgs and it’s still just rolling like this. 🤯😬 Experiments in malicious crypto economics in real time. https://moneroconsensus.info/?s=09
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