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How do tax havens collect the money required to fund their city’s services, upkeep and maintenance? I believe the city’s source of income wouldn’t only come from the value added tax. That would be stupid. But I’m a stupid pleb, and I am always wrong. DYOR.
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Can we even define bitcoins as a private cryptocurrency?
*snip*
Not sure if they do, but they shouldn't. Sometimes governments/entities are pretty lax on bitcoin because it's traceable to a certain extent; probably using something like Chainalysis. The moneros and zcashes on the other hand, nope. Probably hence why Coinbase doesn't have them listed; to save their asses from potential problems concerning the SEC. Hahaha while the government’s center of attention is starting to go to “private cryptocurrencies”, they don’t know that as long as Bitcoin’s anon-set increases because of increasing usage, then privacy to use Bitcoin also increases.  |
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OP, if everything goes according to the Bitcoin Bonds’ proposal/plans, it would build real value for the holders of the bond, and the HODLers of Bitcoin. Plus it will actually build mining infrastructure that would increase value for the network. Samson Mow explains, https://twitter.com/bloombergtv/status/1462941957198647301 |
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I have always believed that corporations, and billionaires will HODL Bitcoin. I have always believed that nation-states will start to HODL too, if corporations HODL them. I have always believed that Bitcoin will become a global reserve currency. BUT El Salvador’s Bitcoin City built around a volcano powering it, might be one of the craziest, most positive ideas to add value for Bitcoin!
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How have I not seen this topic? OP, good on you! Plus it would help you to think that HODLing Bitcoin “is not the same” as merely investing in Bitcoin. HODLing is what the word means, to HODL. Although, sell if you truly need another currency, but always leave some coins in cold storage. |
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Ethereum, high fees. Solana, not robust enough, went down for hours. Avalanche, slowing down/starting to show the same problems.
I believe it should be questioned. Are decentralized databases truly built for “apps on a blockchain”?
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The government is making a narrative that “almost no one saw INFLATION coming”? Almost no one? It’s in the news, it’s right in front of everyone, everyone noticing the surging prices for basic needs, and the government claims “almost no one saw it coming?  |
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Who is underming the the current financial system. It’s not just happening in the United States, it is global as well. Don’t be scammed by their narratives that it’s an external entity causing the destabilization. It’s internal, caused by their own BRRRRR-money printing.  |
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How much would be a good college education for the students next to our generation? It would be so unaffordable, that students will indebted heavily with student loans by the time of graduation. OR, go to a low-rated college, and find it very difficult to get a good job to pay for the student loan.  |
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Good luck to all from 50k to 80k as I do think 🤔 the winner is going to be in that range.
https://twitter.com/100trillionUSD/status/1459842799000555532$98K Nov and $135K Dec prediction still in play Six digits by December, “still in play” according to PlanB. Do you believe there’s currently a “very low” probability for Bitcoin to do that, or should everyone be open-minded? I doubted him twice before, but he was always right. Because if Bitcoin surged to $75,000 this week, the mood and price predictions will change again. |
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Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
“Trading to meet daily needs and pay their bills” is not very sustainable for plebs like us who are under-capitalized, and neither have the talent nor the skill to be truly profitable in “trading”. This advice might not be what you want, but getting a job, and saving some of your salary in Bitcoin by buying dips is the safest, and less stressful. |
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Another funny meme about Proof of Stake. Which is true, because the developers/implementors of such a network does have control over issuance, when to issue, how much to issue, and to which entities to issue.  |
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OP, another wallet for Lightning to include in your list. It’s non-custodial, https://blixtwallet.github.io/I haven’t tried, or downloaded it, but it claims to be a wallet that focuses on good UX/UI for usability, and for users who want to try the Lightning Network for the first time. |
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https://bitcoinmagazine.com/culture/hillary-clinton-fears-bitcoin-will-undermine-dollar-as-world-reserve-currency
Former democratic presidential candidate Hillary Clinton spoke about Bitcoin and crypto’s ability to weaken governments during a video panel discussion at the Bloomberg New Economy Forum in Singapore on Friday.
Hillary warned, “What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with them has the potential for undermining currencies, for undermining the role of the dollar as the reserve currency, for destabilizing nations, perhaps starting with small ones but going much larger.”
Few understand, and it includes Hillary Clinton. BUT her blame, I believe, is wrong. Instead of blaming Bitcoin, she should blame the people behind the current banking/fiat/financial system on why Bitcoin can potentially undermine the U.S. Dollar as the reserve currency.  Buy the DIP, and HODL!
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The screenshot was posted, and shared by grubles in Twitter.  All of the NFTs generated, and issued in the Ethereum and Solana networks are all available FOR FREE, contained in this zip/tar file, downloadable through the BitTorrent network. |
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What would be the costs of a “two-round” Proof of Work algorithm compared to regular POW? More or less, for the same level of security? More or less, for the same incentives? What feature would make it more attractive for the mining cartel?
TRPoW does not affect the competition edge of a miner. So If everything stays the same, a miner will have a lower electricity bill with more or less the same earning potential. So, it will reduce the miners business cost and increase their profit. The mining cartel will make more money with less running cost. Have you received some feeback from a Core Developer, or from someone who is not a pleb? No offense to the members of this forum. Plus no offense to you, but how can we know that your proposal isn’t like the Space Ghost meme that says, “I am new to Bitcoin, and I am here to fix it”? |
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If the purpose of the proposal is merely to copy Ethereum’s implementation of burning a percentage of fees, you should take into consideration that, 1. Ethereum doesn’t have a supply cap, and 2. Ethereum will be implementing Proof of Stake, and abandon the current model. Plus what will be the purpose of burning fees? Fees will be the miners’ main source of incentive to secure the network. Why should the protocol give them less incentive? |
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What would be the costs of a “two-round” Proof of Work algorithm compared to regular POW? More or less, for the same level of security? More or less, for the same incentives? What feature would make it more attractive for the mining cartel?
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OP, I believe that feature should be implemented for all credit cards/electronic bank cards owned by shopaholics if they’re inside the shopping mall. Hahaha.
But good feature to have for security, and spending limits.
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