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I think a lot of people will need a third party to control their money, even if Bitcoin becomes truly mainstream.
Central banks will continue to exist in our lifetime, but Bitcoin will continue to grow each year and eventually will establish itself as a third way of payment: Cash, Card, Bitcoin.
There will be pros and cons for each method, some people will prefer different ones at different times.
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Live View Link: https://solo.ckpool.org/users/bc1qur803aawe2l43jpf4z99z9clyc79dwdavyzfaq{ "hashrate1m": "17.5P", "hashrate5m": "17.7P", "hashrate1hr": "18.4P", "hashrate1d": "10.4P", "hashrate7d": "2.07P", "lastshare": 1644393009, "workers": 29, "shares": 309748000000, "bestshare": 162522946904.1102, "bestever": 162522946904, "worker": [ { "workername": "bc1qur803aawe2l43jpf4z99z9clyc79dwdavyzfaq", "hashrate1m": "17.5P", "hashrate5m": "17.7P", "hashrate1hr": "18.4P", "hashrate1d": "10.4P", "hashrate7d": "2.07P", "lastshare": 1644393009, "shares": 309748000000, "bestshare": 162522946904.1102, "bestever": 162522946904 } ] } Bitcoin Difficulty: 26.690.525.287.406 Bestshare: 162.522.946.904150.663.796.374 115.733.784.525 93.975.932.192 9.442.801.260 5.896.178.467 3.170.315.216 1.170.153.839 1.084.552.431 78.508.474 |
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You need to have a reasonable connection, otherwise you'll end up with stale blocks |
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I would like to know two things:
How were the Bitfinex bitcoins stolen?
How were the bitcoins seized?
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Holen wir uns diesen Block!  |
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Hey guys,
does having a suffix ".1", ".3" etc. in my CKPool address invalidate my blocks?
Eg., if my address is "bc1q3et775a3z04rfyrsgpkepg0akprs8yvvu8cqxx" and if I send to the pool the user "bc1q3et775a3z04rfyrsgpkepg0akprs8yvvu8cqxx.2".
Will I be able to receive blocks on the correct address? Or should I remove the suffix and leave just the address?
What happens if multiple miners report for the same exact user?
Having the suffix allows you to see the reporting individually per worker, it won't invalidate your blocks. That way you will also know which worker in particular found the block, by looking at the best share of each. |
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I'm looking at what would be the best way to send custom data between peers using lightning. So far, I think keysend is the best way to do it, but the lightning server needs to be configured to explicitly accept these messages. It's not on by default. It seems that projects like juggernaut use this approach, since they explain how to enable keysend in their github. Is there any other way?. I'm thinking that maybe lnurl can be used to transfer custom data somehow, but haven't explored that path yet. |
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This was a great quiz. There were many obscure things that I had no idea, and also many things that I knew 100%. So, half of the points sounds about right  |
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If I'm ever in any kind of Virtual Reality world, and I need to buy or sell goods or services, I will be using Bitcoin.
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Maybe, they will start this in franchise fees but later on, they will start accepting bitcoin in the restaurant itself. Because only few can afford to pay franchise fee as only those interested will of course set-up this restaurant. So they can very well afford to convert their fiat to btc if the owner wants btc payment as franchise fee. But it would be nice to hear if they will accept btc as payment also from regular diner. And if they can explore other cheaper payment methods like LTC or XRP.
Yes, that's their plan: Chief Development Officer Thomas Flaherty told me it is the first step to one day accepting bitcoin for transactions in the chain's restaurants. |
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Wings and Rings is a sports bar/restaurant that has been operating since 1984. They now have more than 85 locations around the world, and are planning to keep expanding into the future. Thomas Flaherty, Chief Development Officer of Wings and Rings and Bitcoiner since 2015, has mentioned that they want to start accepting Bitcoin in the restaurant one day. The first step towards that goal happened earlier this year, and it was the ability to accept Bitcoin as payment for their franchise fee, which is currently set at $40,000. Something worth noting is that they are only accepting Bitcoin, not any other cryptocurrency. They usually get around 6-20 new franchisees every year, but they don't have a clear plan about how to manage the influx of bitcoins into their system: One option would be to immediately convert it to U.S. dollars and deposit it into the bank. Another would be to convert a portion of it and then keep the remainder for potential investment gains. Here's the full story.
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Late to what party though? Mining Bitcoin with your CPU?, that party was alive and well in 2009. You're late to that one in 2022. Mining Bitcoin with your GPU?, that party was alive and well in the early 2010s. You're late to that one in 2022. And so on. Some things have changed, but others remain the same. For example, the ideas behind why Bitcoin price keeps rising are still valid today. Also in 2022 it's simpler to buy Bitcoin. There are also new things happening in 2022, like the new applications in the third layer, on top of lightning. Heaps of new opportunities there. And many new things will continue to happen in the future. You're late to some parties, just in time for other parties, and early for new parties. |
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It's natural to have movements like this pop up when the purchasing power of your salary keeps getting lower and lower every year, and you're expected to do more and more for the same salary. Society in many countries seems to be designed so that the vast majority of people spend most of their time working at a job and getting paid enough to almost survive, paycheck to paycheck. Rich people need working class people to serve them basically. They need people to clean their homes, build their homes, make their cars, serve them at the bar, cook them a meal at a restaurant, etc. Rich people are only able to enjoy a rich life when there's working class people around them. If you are the only person in an island, it doesn't matter how much money you have. This is all relatively fine until the working class people is fed up, which is what's starting to happen. Working class people are starting to realize they will never get enough money to buy a home in some parts of the world. We're now living in a world in which the super rich are buying multi-million apartments and keeping them empty, similar to just buying fine art for example while a lot of people are becoming homeless. This is Manhattan's Billionaires' Row, which started around a decade ago. And the rich people pay less taxes in those units than normal apartments. It's the same in London's Billionaires' row. It's happening everywhere. If the wealth inequality grows too much, we'll see social unrest in that place, and also movements like anti-work and protest would start to appear. Here you can see how the inequality in the US is large compared to other countries, and this data is from 2019, pre-covid. Now things are considerably worse:  |
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Excellent thread, here are a couple of Physical Bitcoin collectibles that are not in the original post, using a similar format: April 11, 2015Denarium coins are presented in this forum. They recently had started their company in Finland with the intention to provide affordable Bitcoin physical coins worldwide. These were available from 2015 to 2020.  https://bitcointalk.org/index.php?topic=1021159.0There's even a collectible about this collectible, The Denarium Souvenir Book. It tells the story of these coins over the years, full of images.  November 09, 2021Frank from Alpen Coin, who has been producing great collectible coins from Switzerland, announced the Alpen Coin 1 Million Satoshi Gold Plated Bar in this forum as a raffle. A total of 100 bars were sold here in this forum.  https://bitcointalk.org/index.php?topic=5369780.msg58378182#msg58378182 |
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Congrats on your one hundred million sats!
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The IMF is basically proof of stake, where the big players get richer, and the small players get poorer. How does it work?, first the IMF generates a certain amount of SDR out of thin air: IMF Governors Approve a Historic US$650 Billion SDR Allocation of Special Drawing Rights Then, they distribute those SDR to their members. This is how it's distributed: the allocation is distributed to member countries in proportion to their quota shares at the Fund. The quotas for each member are available here: https://www.imf.org/en/About/executive-board/members-quotasHere are some examples: - United States: 17.43%
- Japan: 6.47%
- China: 6.40%
- Germany: 5.59%
- United Kingdom: 4.23%
- El Salvador: 0.06%
Moreover, interest is paid to countries that hold SDR, and interest is charged to countries receiving a loan. Here's a list of countries with loans from the IMF: https://www.imf.org/external/np/fin/tad/balmov2.aspx?type=TOTALHere's an interesting view from the 2015 congressional report titled: Bitcoin: Questions, Answers, and Analysis of Legal IssuesConcern About International Monetary Fund Authority
One issue that has received some attention is the ability of the International Monetary Fund (IMF) to defend a traditional currency of one of its member countries from a speculative attack involving a digital currency such as Bitcoin because the IMF’s Articles of Agreement do not explicitly permit it to acquire a currency not issued by one of its members. At least one commentary examines possible options for amending or reinterpreting the IMF’s authority. Basically the IMF is not able to acquire Bitcoin. That's probably one of the reasons why it doesn't want El Salvador to keep it as legal tender. |
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Another thing I like about Bitcoin is that there's no one blocking your money when you're travelling on holidays.
I still remember one time when I was trying to pay with my card and it got blocked, the transaction didn't go through. Had to use an emergency card. Apparently I had to inform the bank that I was travelling, and had to tell them where and when I would be, beforehand. That's just nonsense, it's my money, I should be able to spend it anywhere and any time I want to.
With Bitcoin you don't need the permission of anyone to use your own money.
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Für die Blockparty 12 oder auch als Reservierung für länger sind noch 3 Plätze frei.
Wer mitmachen möchte einfach ab diesen Beitrag schauen ob schon drei neue was geschrieben haben und wenn nicht erst kurz schreiben und dann gleich die Coins senden (auch ohne ein ok von mir).
Sollten sich schon drei gemeldet haben dann wären wir natürlich voll.
Ich bin die nächste Woche im Urlaub und melde mich wenn ich wieder da bin, dann mach ich den neuen Beitrag auf. Sollte ich Zeit, Lust und Mobilfunknetz haben, dann melde ich mich auch schon früher.
Viele Grüße und eine stressfreie und gute Woche,
Willi
Just for Info:
Block 1 haben wir bei einem Luck von 13% gefunden
Block 2 haben wir auch einem Luck von 13% gefunden
Block 3 arbeiten wir dran und sind derzeit bei einem Luck von 47% --> wird also blad Zeit den dritten Block zu finden
Abgeleitet aus der Diff im Vergleich zu den erzeugten falid shares
Thanks willi, I would like to have one of those 3 spots. +++++++++++++++++++++++++++++++++++++++
Groupbuy Wallet: 3KWE8HcunSfvfNBy3CdXZdQ2HyvierBxeT
Return Wallet: bc1qn68wks2q955waqdtp2x33pn4vmtycfvk6cfee6
Your stake: 0.01 BTC
Your TX: 03c9ac0a30b46bec68ed7697602024e3ed04522e98ecf2e19da52d6b0eee1a69
+++++++++++++++++++++++++++++++++++++++ |
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Live View Link: https://solo.ckpool.org/users/bc1qywxkfhfaggkzv0e5aj8rttwj922j876x9mu3x8{ "hashrate1m": "20.9P", "hashrate5m": "21P", "hashrate1hr": "19.7P", "hashrate1d": "13.2P", "hashrate7d": "3.02P", "lastshare": 1643374804, "workers": 32, "shares": 464489000000, "bestshare": 1073309575534.961, "bestever": 1073309575534, "worker": [ { "workername": "bc1qywxkfhfaggkzv0e5aj8rttwj922j876x9mu3x8", "hashrate1m": "20.9P", "hashrate5m": "21P", "hashrate1hr": "19.7P", "hashrate1d": "13.2P", "hashrate7d": "3.02P", "lastshare": 1643374804, "shares": 464489000000, "bestshare": 1073309575534.961, "bestever": 1073309575534 } ] } Bitcoin Difficulty: 26.643.185.256.536 Bestshare: 1.073.309.575.534181.701.631.684 173.200.436.776 77.924.871.262 60.554.517.928 6.612.196.058 1.537.538.524 96.671.779 57.090.675 |
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