Um, let me remind you: Bitcoin went from $1000 to $36,000 during Trump's presidency. That's 3500% up. If you want to resort to this soundbite, at least make sure it doesn't work in the other way around.

I'm trying to see the connection with Bitcoin here.

Alright, then, what's the source of the truth, according to the Democrats you?  

That's the article I remember reading: https://www.reuters.com/legal/bankman-fried-used-customer-funds-100-mln-us-political-donations-prosecutors-say-2023-08-14/. I agree that it might be fake news, but where can I verify it?

Given the current block height, and given the announced chain tip from other nodes, how does it estimate when it will finish syncing? There is no known time that it takes to verify a block. It can be filled with lots of complicated scripts like this one and take up to even 12 minutes, or just by one transaction which is a 4 MB long message, and thus can be verified very quickly.

What's the optimal approach? Average verification time of the past x blocks?

Edit: I'm trying to sync the testnet3. I've reached the recent spam phase, and it went from 89 minutes remaining to 100. 

Why isn't Trump getting the credit for "not screwing it up" during his previous presidency?

What massively different will it be comparably to his previous presidency? You're giving me the impression that he'll now turn 180º and start attacking the market. What's the argument that supports this claim?

FTX was literally a money laundering business for Biden and a contributor to the Ukrainian war.

Yep, pretty much. It's the sad reality.

Every privacy-oriented service is already in the striking zone. LocalBitcoins has started demanding KYC long time ago. LocalMonero has shut down, probably because it seemed too risky to continue operating after the recent events with attacks in privacy services.

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It's absurd how frequently we introduce the concept of "taint" into discussions about privacy. Those who believe certain bitcoins are "tainted" have fallen victim to a narrative that only harms the space.

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I'm just kindly asking everyone in this thread to pause and realize that oppressive regimes have been the status quo for humanity since the beginning. From the Roman Empire and the Persians to the Qing Dynasty of China and the Russian tsars, hundreds of years before Jesus was born up until a century ago, a few totalitarian motherfuckers oppressed the populace and treated them as animals. And if that isn't shitty enough, it took the horrors of massive genocides resulting from the World Wars to start ... "laying the path" toward freedom.

It's only recently in humanity's calendar that ordinary people have begun to enjoy even a small measure of freedom. And now, there come these gimps who say people don't need privacy, the prerequisite for freedom. What a sham. Your descendants would feel sorry.

Freedom isn't free. It isn't a "natural default" like oxygen, and it certainly shouldn't be taken for granted.

Could you really buy that stock for only $200? I mean, besides the glitch, would the broker really permit you?

I don't need laws for the obvious in life, but there's a law about privacy, and you said there isn't.

The Bitcoin community in the last few months:



I have a hard feeling that we shouldn't be praising about that person. He accepts lightning, and other crypto for his donations. So what? It's naive to think that he's pro-Bitcoin, because Bitcoin literally takes the power of him. And, judging by his previous presidency, it's highly likely that he won't abide by his promises.

Embarrassing would be the last adjective I'd use, but so be it, if you want. You want privacy, because it's none of our business what you're doing with your money. Same goes for "honest people" who mix their coins.

Or... You know, obfuscate your Bitcoin activity. That's "something to protect yourself".

Article 12 from Universal Declaration of Human Rights:

So, here's my truth: I don't need laws to protect my privacy. I can simply practice it myself.

Πολύ ήρεμα το είχα πάρει αυτό το θέμα πριν 2 χρόνια. Αν ένας οικονομόλογος θεωρεί το Bitcoin τουλίπες, εν έτη 2022, τότε ή είναι κακόβουλος και επίτηδες δε λέει την αλήθεια, ή αδαής; Ποιο από τα δύο είναι χειρότερο για έναν οικονομολόγο που ήθελε να γίνει και πρωθυπουργός;

Προσπαθώ να μη βλέπω τα πράγματα προκατειλημμένος, αλλά έχουν πάει λίγο κουβά οι Κέυνς οικονομολόγοι τα τελευταία χρόνια;

Total Goals: 41

62 and 63, thanks!

BlackJack username: blackhatcoiner

Hopefully, someone understood that nonsense. Fortunately, the person you were replying to didn't even try.

That's what I was thinking as well.

There's a theory that makes Len Sassaman a potential candidate for that: https://evanhatch.medium.com/len-sassaman-and-satoshi-e483c85c2b10.

If everything was done by a single person, then why was Satoshi a big blocker in forum posts and emails, and a small blocker when writing software? In this mail, Satoshi argues for 100 GB added in the blockchain everyday. In this forum post, he makes it clear that running a node is not the intended configuration for the average user, which is another way to say "only large farms will verify the blockchain".

In the software, he lowered the block size limit from 32 MB to 1, IIRC. That doesn't make sense, even for 2010. It would be trivial to add a lot more than 144 MB every day for "large server farms". Or was this arbitrary? AFAIK, the 32 MB limit wasn't a deliberate decision, it was just naturally the maximum size, if we ignore the number of database locks, which made it effectively 500-750k bytes.

Edit: If you're not convinced about Nick being Satoshi, then have you read this?

Except that you should always expect that the blocks will be filled. In the worst, spammers will fill it with garbage. May I remind you that spammers currently pay for highest priority? I'm pretty sure there will still be around if they can spam for free.

Doesn't work that way. If a spammer sees they can fill blocks with movies, expect movies on-chain. We've already seen this on BSV, and we all know what is its demand.

You've misunderstood the assignment. There's a supply too in demand and supply, not only demand. If you're doubling the block size every four years, transaction fees will drop a lot. When mempool weighs less than the block size, miners are incentivized to even confirm 0.01 sat/vb. For your math to apply, demand (for on-chain volume) needs to double every four years.

That's my definition of scaling as well, but I was more concerned about the linear growth. What's your opinion about growing linearly?

Responding to your mail:
The problem with this is that OP_RETURN is often viewed as a way to store the message indefinitely. But, I agree that it can work, if your purpose is not to store arbitrary data on-chain.

Alright. In the present epoch, it's 16. In the subsequent epoch, it's 32, then 64, then 128, and so on. Do you understand that the on-chain volume doesn't escalate at the same pace, ensuring the system's sustainability? What's your plan for 25 years ahead, when the block size surpasses 1 GB, there's no competition in the fee market, and Bitcoin inevitably comes to an end?

It's not surprising that you find franky1's replies reasonable and correct.

So, you don't see any reason why an honest person would need privacy when spending bitcoin. That's not a new perspective, so don't feel unique. If you don't mind, could you share your full name and the latest banking transactions you've made over the last 12 months? It should be fairly easy. Just log in to your bank account, go to the transactions section, and you should see a "Transaction Report" that can be viewed as a PDF. Upload it on a temporary file service like this, and share it with us in here.

Μπες στο Discord server και θα καταλάβεις τι εννοώ, αν κι έχουν σβηστεί πολλά μηνύματα. Ο ένας ήθελε να γίνει η συναλλαγή δίπλα στο σπίτι του, ο άλλος σε δημόσιο χώρο. Ε, θίχθηκε ο ένας όταν του είπε το προφανές, ότι είναι επικίνδυνο αυτό που ζητάει (να γίνει η συναλλαγή δίπλα στο σπίτι του). Μια άλλη φορά είχα διαβάσει για έναν (σε αυτό το φόρουμ) που του πήρε τα λεφτά, και γρήγορα μπήκε σε αμάξι κι έφυγε χωρίς να του στείλει τα crypto. (Ήταν αδαής βέβαια, και τα έβαλε σε CEX, κι απ' όσο ξέρω του τα πάγωσαν)

Το κοντινότερο πράγμα σε αυτό που ζητάς είναι αυτό το group με άτομα που παρευρίσκονται σε meetup σε τακτική βάση, κι έχουν χτίσει ένα μικρό reputation.

Γενικά, άμα διαβάσεις τι νόμους πάνε να επιβάλλουν θα τραβάς τα μαλλιά σου. Δε θα μου κάνει εντύπωση αν απλά το self-custody γίνει παράνομο κάποια στιγμή στο μέλλον.

Θέλει υπομονή. Αν το πάνε στα άκρα, πιστεύω θα αρχίσουμε να συναλλάσουμε peer-to-peer, γιατί δε θα έχουμε εναλλακτική. Η μεταβατική περίοδος από crypto<->ηλεκτρονικό fiat (π.χ., revolut) σε crypto<->f2f-trades, προβλέπω πως θα είναι κάπως επίπονη. Ίσως και να μη γίνει καν, και να δούμε απότομη αύξηση του adoption, για το οποίο αμφιβάλλω βέβαια.

Μπα...

Υπάρχει αυτό: https://discord.gg/9J9dQVhG3v. Είναι Discord server του "Bitcoin & Blockchain Tech meetup", έχει ένα κανάλι για exchange over-the-counter, αλλά όπως μπορείς να δεις και μόνος σου υπάρχουν παρεξηγήσεις όταν ανταλλάσεις face-to-face. Θα βρεις κάποιον πιστεύω, εκτός αν θέλεις να πουλήσεις / αγοράσεις ένα εξωφρενικό ποσό.