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Early_To_Risa@sh.itjust.works

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Anon gives up on Bitcoin in 2010 (sh.itjust.works)

submitted 1 day ago by Early_To_Risa@sh.itjust.works to c/greentext@sh.itjust.works

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[–] LibreHans@lemmy.world 0 points 13 hours ago (1 children)

Not useful to law abiding citizens, exactly.

Are the senators and state legislators who advocate for bitcoin strategic reserves all criminals? You don't know what you're talking about.

The scarcity is debatable because of forks.

A fork will never be considered bitcoin by my bitcoin node, and nobody who runs a bitcoin node is incentivized to increase the limit on bitcoin as it would only devalue their bitcoin. Again, you don't seem to understand even basic concepts about bitcoin.

which leads to a transaction limit of 7 transactions per second

Oh my, you're stuck in a narrative from 2017. Again, you don't know anything about bitcoin or the lightning network.

[–] Saledovil@sh.itjust.works 0 points 8 hours ago (1 children)

Are the senators and state legislators who advocate for bitcoin strategic reserves all criminals? You don’t know what you’re talking about.

They're trying to dump their bags on the US government. Is it illegal? Sadly no. Should it be? Yes.

A fork will never be considered bitcoin by my bitcoin node,

Your opinion won't matter. You don't own an exchange, you aren't a major bitcoin miner, and you're not a platform landlord or newspaper editor.

and nobody who runs a bitcoin node is incentivized to increase the limit on bitcoin as it would only devalue their bitcoin. Again, you don’t seem to understand even basic concepts about bitcoin.

The people I mentioned above don't want Bitcoin, they want actual money. If devaluing Bitcoin will let them get more money, they'll do it in a heartbeat.

Oh my, you’re stuck in a narrative from 2017. Again, you don’t know anything about bitcoin or the lightning network.

To make an analogy for the lightning network, imagine each time you made a credit card payment, you have a to roll a die, and only if it comes up as a six, your payment goes through.

[–] LibreHans@lemmy.world 1 points 7 hours ago (1 children)

They’re trying to dump their bags on the US government. Is it illegal? Sadly no. Should it be? Yes.

If they are dumping their bags now, which SHOULD make them criminals, what were they when they bought those bags? You make zero sense.

Your opinion won’t matter. You don’t own an exchange, you aren’t a major bitcoin miner, and you’re not a platform landlord or newspaper editor.

Again you show zero understanding or knowledge of bitcoin. Node runners showed miners who is in control in 2017, and they will happily do so again.

To make an analogy for the lightning network, imagine each time you made a credit card payment, you have a to roll a die, and only if it comes up as a six, your payment goes through.

That's cute, previously you pretended that only onchain exists, and now you're a lightning expert, an expert who is unable to run a well connected node. Okay.

[–] Saledovil@sh.itjust.works 1 points 7 hours ago

If they are dumping their bags now, which SHOULD make them criminals, what were they when they bought those bags? You make zero sense.

They're using their influence on the government to enrich themselves. Textbook corruption. Shouldn't be surprised that you don't understand that.

Node runners showed miners who is in control in 2017, and they will happily do so again.

Node runners gained a victory so grand in 2017, that it can't be spoken aloud, for the heavens would cave in under such splendor.

That’s cute, previously you pretended that only onchain exists, and now you’re a lightning expert, an expert who is unable to run a well connected node. Okay.

Are those 'well connected nodes' in the room with us right now?