It does have utility though: You can snort blow through a $100 bill off a hooker's ass. |
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Meantime we seem to be stuck at or around $50k. God this being poor is hard.  |
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If it makes your life complete and comfortable and like how its pleases you then you achieved something that I think 90% or more will never achieve.... Many are maybe wealthy and saying I do X when X happens and so on ... but when it finally happens is greed having the best of them and they want more, many can never be happy cause they always wants more, I have decided for my self what I want how I wanna live and so on and so on... when I meet my goals I will not back down to much and make sure I do what I want, I already know I'm not gonna be the wealthiest man alive or whatever and I know that more and more wealth shouldn't be the goal.... Figuring out what one wants is maybe the most when one is gaining more wealth as he ever had thought before, goals are changing life opportunities are changing and so on, but important is to have some and when its there to appreciate them  That with some corn stash on the side  You know, this forum is surprisingly good for thoughts on how to handle a fuckton of new wealth. Without it I'd probably be rolling around naked in a room full of $100 bills or something..... Not that the above is a bad thing, but it would require me to cash in the coins and that would be a bad idea. Better idea is to think about what makes you happy, what you may have always wanted, and not to let what you want grow into some weird next level of a "boat for my boat!" sort of thing. Interesting stuff. |
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Yeah looks like the sale is wrapping up again.
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Calling him dangerously insane because he argues for synthetic beef isn't a great starter. Producing beef is incredibly wasteful, not to mention you have to butcher an animal.
I'm a proud carnivore, yet I would gladly switch to synthetic meat when it is similar in taste and cost. There's simply no reason not to. Agreed. I see no extra value in the death and suffering of an animal, and would appreciate synth meat if it tasted like the real thing. |
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Can Governments Stop Bitcoin?In the end, the only way to kill Bitcoin may be to make it so that people don’t need it anymore. If no one wants a devaluation-proof, censorship-resistant, permissionless, borderless, non-discriminatory, teleporting financial asset, then no one will feed it energy, and it will die. Why do I think we will have no problem from competition from governments. My guess is if it comes to that, they will just use the old trusty truncheon. Meantime dropped another $100 into the bitcoin machine. It's like of like dropping a quarter in a slot machine as you walk buy except that Bitcoin always pays you off... Edit: Back above 50k. Good. |
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i too am fine with the current setup of small blocks. i want to be able to have my own local copy of the blockchain to verify transactions and holdings for myself. so occasional transfers where i dont mind 1 percent say or 100 buck fees to move something. but sooner or later its gonna be a whales only game with full blocks with large enough transactions where like say a minimum $20k USD miner fee will price plankton like myself out.
The blockchain is currently 320GB. Take your $100 and buy yourself a 4tb hard drive and store some porn on the free space. Bear in mind that many, many bitcoin users do not verify their blocks themselves (including myself. I powered down my full node a couple of years ago). you are asking them to support your need. Do you actually run a full node yourself BTW? I found it was providing no benefit and simply the fact that I *could* if I wanted to was good enough for me. Either way, fees are artificially high. Which is what I'm saying. I run several full nodes here, the latest is on a 1tb SSD. Trust me, you want SSD for speed although when I set the latest one up I just used one of my other local nodes as the only "trusted" node and it downloaded in under a day. Doing a network sync to remote peers takes the ass end of forever these days, mostly due to latency. I like running my own nodes, gives me a feeling I'm helping the network. Back in the day it was needed for p2pool, but I don't know if anyone's still running that anymore (well, other than Antpool who just lifted the code IIRC). But it is handy if you need to do some quiet research on transactions without blabbing it to blockchain.com or others. |
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Sometimes you instantly regret getting something when you haven't thought about the negative consequences of that thing that you only saw the good sides of. https://imgur.com/gallery/y8G9HAe |
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If it dips more I will grab more PayPal btc.
Fine. I just set up the account. And I got tons of virtual confetti and some fake coins.... I feel cheap and degraded now. Because for the first time I don't have all of my keys. Hm. |
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We are all poor now.
Does anyone have a map of the soup kitchens and homeless shelters?
Do they still have Obama phones or is Biden handing out some sort of tin cans?
Where can we get the government cheese? I remember it as a kid, that stuff was *delicious* |
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So 0.2T was taken out of crypto since yesterday.
Where does it go, to the exchanges temporarily or people really taking profit.
That is an interesting question. But hey in the meantime it looks like Bitcoin is on sale.... |
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Cool hat stuff....
Hey man, can you make me a Fred Flintstone hat? After listening to that Bloomberg bit I'm yelling YABBA DABBA DOO!!! at every ATH......  That is amazing! Keeps the original motif with the "holy fuck, ATH" bit as well. Merited and will wear with pride along with my original one. |
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I actually think bitcoin helps kill that narrative.
Who do we think is writing the news anyway? It isn't democrats, republicans, brexiters, socialists, POC, fascists... Umm well wait. It IS pretty close to that alst one... but not quite.
Honest answer: It's people who want to make money. Currently the best way to make money in news is to post or print salacious crap that people can use to reinforce their existing beliefs and beat other people over the head endlessly. Since there is very little observable consequences for news-as-crap*, people can happily buy it up with no regrets. Hell, even Facebook's shit-based AI figured this out, and spend most of 2020 happily stoking a race/religious/political war just to increase "engagement" and ad impressions because it works. So although I like the Canadian musician bit, that needs something bigger of a hook. Can you possibly develop a psychosis that would interest the "common man"? Maybe promote sex with aliens or something. *Lack of consequences does not mean no deaths, a lot of people are dying of Coronavirus. However they usually can't post about it and wind up gurgling away as they drown in their own bodily fluids on a respirator. Since they're gone, no one notices. Likewise with endless stimmy checks the economic impact of erronious decisions is muted as well. |
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Plus the CNN narrative and choir are not going to very warm towards bitcoin. We might as well get used to hearing that it is white supremacy, toxic male, environmental disaster tulips. I will eat my shoe if they present it a different way.
Well, how do we get ourselves out there as more accurate sources of information. I understand that in the "penny paper" dot.com information economy what sells is salacious crap as opposed to facts, but we should be trying for just a BIT more accuracy. Maybe we need someone as an interesting spokesman. Maybe a flaming gay rich bitcoin dude building Rancho Apocalypse II to catch peoples' attention but then saying basic facts and truths about what bitcoin is, how it works, etc? Or someone driving around the country buck naked in a top notch Lambo at 55mph. That would probably garner some attention, bring the click shit to CNN and allow a more rational discussion. Hm.... |
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Not sure i would call 55k the bottom.  We shall, as they say, see.... Meantime ordering some internal and external upgrades to the homestead. Not jumping into another wealth bracket, just doing all those little things I always wanted to do and having someone ELSE do them. Stimulate the economy and all. Hey way, in "trickle down" economics I am the um..... trickler...... |
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(Answer: It's money, I earned it, here is your share as is fair enforced through threat of violence)
ftfy. *sigh* Laws on murder and rape are also enforced through threats of violence so this argument breaks down pretty quickly. There are some people in society that simply don't understand other options, that is life. From my point of view, I view basic taxes to be the price for living in a civilized society, and not paying my share would result in my being a grubby freeloader. Since I do not value being a freeloader or parasite I don't consider them to be a bad thing. |
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In fact i'm Mr Nobody for local tax office as i have always been under the radar, and that concerns me. I'll have to explain them that money came from a GPU, and not from drugs.
much of my stack is from gpu mining from 2011-2012. one thing i did is sign the payout addys for the pools i used with my name and what the pool or whatever was, plus the approx gear used. those will have the whole payout history from that pool. thats if you still control those addys of course. i also have receipts from the GPUs and pics of the rigs, screenshots etc. see if you can find anything like that. That works. I made sure to pay taxes on all mining profits made, minus the equipment costs and electricity bills. Partially because I wanted bitcoin to be seen as real "money earned" (and you pay taxes on money earned, that's the point) and partially because if it ever went anywhere I didn't want some IRS person saying "well you never paid taxes when you mined it, so it's all ours!". This worked out well. Even when the IRS said "Why the hell are you reporting all this?" (Answer: It's money, I earned it, here is your share as is fair) |
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Yup. There goes 57k.
I did pop by a bitcoin ATM and sold $1k at 55 yesterday. Mostly to see that the process worked and to feel some crispy fiat. Looks like I may have sold at the bottom again. :-)
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God, bitcoin just crashed to 55,500. The horror!!!!!
:-)
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