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61  Local / Ελληνικά (Greek) / Re: Cash fungibility... on: May 08, 2024, 12:38:31 PM
Αν έχει τα κότσια η ΕΚΤ, ας βγει αύριο να πει ότι το 500άρικο παύει να είναι legal tender και να τα επιστρέψει όλα ο κόσμος στις τράπεζες μέχρι την 31/12/2024.

Δεν θα το κάνουν όμως... και ξέρεις γιατί;

Γιατί η Μαφία όντως έχει πολλά «μωβ τούβλα» και είναι διαπλεκόμενοι με κυβερνήσεις.

Μόνο με μια ξαφνική/έκτακτη κρίση («δεν φταίμε εμείς, για λόγους ανωτέρας βίας») θα τα καταργήσουν όλα και θα είναι η χρυσή/μοναδική ευκαιρία να σπρώξουν το CBDC υποχρεωτικά στο 100% του πληθυσμού (με επιδόματα τύπου UBI μπορούν να πιάσουν 80-90% penetration, αλλά όχι 100%).

Βάσει λογικής δηλαδή δεν μπορώ να σκεφτώ άλλο σενάριο πως θα γίνει η κατάργηση του μετρητού χωρίς κοινωνικές αντιδράσεις...
62  Bitcoin / Bitcoin Discussion / Re: Governs' oppression of bitcoiners may turn against them on: May 06, 2024, 10:17:38 PM
If they were smart, they would try to stack as many sats as possible (it's easy to become a wholecoiner when you earn 5 digits per month) and escape the rat race, but they won't even do that...
Pardon me, but if you earn 5 digits per month, haven't you already escaped rat race?  Tongue
Someone who works 12+ hours per day hasn't really escaped the rat race... it's not like MEPs are sitting all day and doing nothing.

Whether they produce something useful or not is up for debate.

But I think they could escape the rat race for good if they worked 4-8 years, bought a nice amount of BTC and then retired. So far nobody has done it.
63  Local / Ελληνικά (Greek) / Re: Cash fungibility... on: May 06, 2024, 09:35:07 PM
Μπορώ να δώσω κι άλλα λινκ, αλλά μάταιος κόπος θα είναι...

Μέχρι και σε μαγαζί με μοτοσυκλέτες δεν δέχονται €500άρικα.
Αναλόγως πως το θέτεις, αν πας σε αντιπροσωπεία να αγοράσεις καινούρια μηχανή της οποίας θα δηλωθεί η αξία εξ ολοκλήρου, ναι δε θα δεχθούν γενικά τα μετρητά, γιατί όλες οι αγορές άνω των €500 πρέπει να φαίνονται με μεταφορά η κάρτα. Δε διαφωνώ ότι γενικά αρχίζει να αποθαρρύνεται η χρήση μετρητών προωθώντας τραπεζικές συναλλαγές και μόνο, αλλά ότι το παράδειγμα που έθεσες δεν ήταν επίκαιρο.
Δεν χρειάζεται να κολλάς στο παράδειγμα, αλλά στην ουσία.

Ή είναι κάτι legal tender ή δεν είναι.

Τα «άκουσα ότι η ΕΚΤ απαγόρευσε το 500άρικο, άρα δεν το δέχομαι» δεν είναι δικαιολογία. Δεν υπάρχει ανακοίνωση απαγόρευσης πουθενά (μέχρι στιγμής).

Προφανώς η κατάργηση του μετρητού δεν μπορεί να γίνει μπαμ και κάτω υπό κανονικές συνθήκες (εννοώ όσο δεν υπάρχει κάποια έκτακτη κρίση όπως υπερπληθωρισμός) και γίνεται σταδιακά (σαλαμοποίηση).

Ξεκίνησαν από το 500άρικο (σταμάτησε να το τυπώνει η ΕΚΤ δήθεν λόγω τρομοκρατίας, όμως παραμένει legal tender) και από ό,τι φαίνεται ο επόμενος στόχος είναι το 200άρικο...

Επειδή την έζησα την εποχή μετάβασης από δραχμή σε ευρώ, αν ήθελαν θα μπορούσαν εξαρχής να μην υπάρχει ούτε €500, ούτε €200, ούτε €100.

Αλλά βλέπεις έπρεπε να πείσουν τον Γερμανό (που είχε χαρτονόμισμα των 1000 DM)...

Όπως επίσης και η Ελβετία έχει χαρτονόμισμα των 1000 CHF.

Περιττό βέβαια να αναφέρω ότι το 2002 έβρισκες πιτόγυρο με απ' όλα μέσα με κόστος €1,2, ενώ σήμερα δίνεις €3,6.

Άρα το 500άρικο του σήμερα είναι περίπου σαν €170 του τότε. Συν η χρυσή λίρα που είχε μόνο €74, ενώ σήμερα έχει €600.

Θέλω να πω ότι σε μια σχετικά εύρωστη οικονομία (όχι την ελληνική προφανώς) δεν θα ήταν παράξενο να κυκλοφορούν πιο συχνά 500άρικα σε σχέση με το 2002. Στην Γερμανία τα βλέπεις πιο συχνά, είναι μεγάλοι cash lovers οι Γερμανοί.

ΥΓ1: Σε ΑΤΜ με αυτόματη κατάθεση δεν έχω δοκιμάσει αν περνάει το 500άρικο (σπανίως τα πετυχαίνεις όπως είπα), μέχρι 200άρι δέχονται κανονικά.

Βέβαια το ΑΤΜ πάει πακέτο με KYC, οπότε...

ΥΓ2: Όσον αφορά τις μοτοσυκλέτες και γενικά τις αγορές άνω των €500, δέχονται μετρητά (έχω ακούσει για αγορά €12000), τα οποία μετά πάνε και τα καταθέτουν στην τράπεζα.

Είναι ένα παραθυράκι για να παρακάμψουν το όριο.

Όμως ακόμα κι αν υποθέσουμε ότι θες να αγοράσεις κάτι που κοστίζει περίπου €500 (ένα καλό κράνος μηχανής, ένα τζάκετ), είναι παράνομο να μην δεχτούν το 500άρικο (εφόσον δεν είναι πλαστό ή προσημειωμένο).

ΥΓ3: Το αν στραβώσει κάποιος επειδή δεν έχει αρκετά ρέστα είναι άλλο θέμα και δεν έχει σχέση με το legal tender status που συζητάμε.

Αν ας πούμε παραγγείλεις καφέ των €2 και πληρώσεις με 50άρικο ή 100άρικο, πάλι θα σε στραβοκοιτάξει ο ντελιβεράς.

Προσωπικά το θεωρώ υπέρτατη μαλακία/τεμπελιά να μην ξεκουνιέται ο κόσμος (συνήθισε με τα lockdowns μάλλον) και να κάνει παραγγελίες των €2, όμως καλώς ή κακώς είναι υποχρεωμένος κάποιος να δεχτεί την πληρωμή με legal tender.

Ακόμα κι αν είσαι μαζόχας και θες να πληρώσεις κάτι που κοστίζει €500 με 50.000 κέρματα του 1 σεντ (κάποιοι το έχουν κάνει για σπάσιμο σε τράπεζες, εφορίες και αλλού), πάλι είναι υποχρεωμένοι να το δεχτούν (μετά την καταμέτρηση βεβαίως).

ΥΓ4: Αν εγώ είμαι Bitcoin maxi μαγαζάτορας και πω «δεν δέχομαι ευρώ, μόνο BTC», πάλι παράνομος θα είμαι, γιατί δεν θα δέχομαι legal tender.

Μπορώ να πω ότι δέχομαι συμπληρωματικά και BTC (και XMR και LTC)... δεν μπορώ να πω αυθαίρετα ότι δεν δέχομαι ευρώ ή μου χάλασε το POS ή ό,τι άλλο μου έρθει.
64  Bitcoin / Legal / Re: EU is set to delagalise decentralised mixers on: May 06, 2024, 08:38:52 PM
The future is that we are all KYCed. They're copying Xi Jin Ping's model.

I couldn't have summed it up better myself. That's the dream, or rather nightmare, that I have. And it involves going in the opposite direction for which Bitcoin was created. But the bad thing is that I see a majority of people who are going to embrace this willingly.

We are already KYC'ed. Every one of us have an ID and a tax number. The gov owns the real world as they own the virtual world. If you don't like to be KYC'ed on the internet, why don't we do something about real-world KYC enforcements? Is there a difference really? Can you go to a bank and have an anonymous bank account? Play in a  casino without showing your ID first? You can't even buy a six pack unless you do KYC first Tongue

We didn't have to do any of these because crypto was new. Now it is not anymore... Crypto has been "institutionalized".

None of us are really free. It is an illusion of freedom.
Even mobile phones/SIM cards got KYCed...

I tried to warn people 15+ years ago, but they didn't wanna listen. Still have forum posts from that era.

Apparently it was for the "greater good" (fighting terrorism & pranksters). Cheesy
65  Local / Ελληνικά (Greek) / Re: The Great Reset and the Rise of Bitcoin | Award Winning Documentary on: May 06, 2024, 06:01:05 PM
Από εδώ το πάνε, από εκεί το πάνε, έχουν σκοπό να καταργήσουν το privacy ποικιλοτρόπως:

Vodafone using sim card tech for blockchain-based digital wallets on mobile phones | Future Focus

https://finance.yahoo.com/video/vodafone-using-sim-card-tech-050036346.html

Πρακτικά δηλαδή μας πιάνει όλους (όσους έχουν SIM κάρτα). Δύσκολο να μην έχει κάποιος κινητό στην εποχή που το ζητάνε παντού πλέον (από ιδιωτικές εταιρίες για SMS code, μέχρι gov.gr).

Να θυμίσω στους νεότερους (που ίσως δεν το πρόλαβαν) ότι κάποτε (μέχρι το 2009) τα καρτοκινητά στην Ελλάδα ήταν ανώνυμα και η ταυτοποίηση ήταν προαιρετική:

Τέρμα στην ανωνυμία των χρηστών καρτοκινητών τηλεφώνων

Quote
Τέρμα στην ανωνυμία των χρηστών καρτοκινητών τηλεφώνων, καθώς από χθες, τυπικά, άρχισε η εφαρμογή της διαδικασίας ταυτοποίησης των συνδρομητών καρτοκινητής τηλεφωνίας, όπως προβλέπεται από το νόμο (Ν.3783/2009).

Όπως ανακοίνωσαν οι εταιρίες κινητής τηλεφωνίας που λειτουργούν στη χώρα μας, όλοι οι νέοι συνδρομητές καρτοκινητής θα πρέπει να δηλώνουν τα στοιχεία ταυτότητας τους, προκειμένου να ενεργοποιηθεί η σύνδεσή τους, ενώ οι υφιστάμενοι συνδρομητές, που έχουν ενεργοποιήσει τη σύνδεσή τους μέχρι και τις 7 Νοεμβρίου, θα πρέπει να δηλώσουν τα στοιχεία τους μέχρι και τις 30 Ιουλίου 2010, προκειμένου να συνεχίσουν να χρησιμοποιούν το καρτοκινητό τους. Σε αντίθετη περίπτωση η σύνδεση θα διακόπτεται.

https://www.e-kyklades.gr/travel/tourism?categoryid=&regionCd=&articleid=13881&lang=el

Και που εναντιώθηκα τότε (εκεί γύρω στο 2008 ανακοινώθηκε το μέτρο), τα @@ μου πήρα...

Μπόλικοι οι υποστηρικτές του μέτρου στα fora να υποστηρίζουν την ταυτοποίηση για Χ/Ψ λόγους (τρομοκρατία, φαρσέρ).

Πλέον θεωρείται κάτι «φυσιολογικό» και η ζωή συνεχίζεται (15 χρόνια μετά το έγκλημα δεν έπεσε, αλλά αυτό είναι άλλη ιστορία). Πιθανότατα εξίσου φυσιολογικό θα θεωρείται και το CBDC/Digital ID το 2040 εικάζω.
66  Bitcoin / Bitcoin Discussion / Re: Governs' oppression of bitcoiners may turn against them on: May 06, 2024, 05:10:41 PM
Some (math) facts:

99% of the people worldwide don't even hodl a single satoshi. They may have heard about BTC, but they've never used it.

Only 1% uses Bitcoin and even there, only 1% of the 1% cares enough about deeper issues...

Do you honestly expect governments to care about the subset of a minority?

Hell, most people don't even realize how exactly the fiat Ponzi works:

https://www.reddit.com/r/Bitcoin/comments/1clh38i/banking_system_visualized_watch_the_full_series/

The funny thing is, there are European elections coming up next month and most people will vote for politicians that can do absolutely nothing to change the financial system.

But even if they could, why would they change a financial system that rewards them at least 10000 EUR per month? (some get paid even more by bribes/lobbyists)

If they were smart, they would try to stack as many sats as possible (it's easy to become a wholecoiner when you earn 5 digits per month) and escape the rat race, but they won't even do that...
67  Local / Ελληνικά (Greek) / Re: Τι απαντάτε στο επιχείρημα με τη μεταβλητότητα; on: May 06, 2024, 04:42:10 PM
Αν μπορεί κάποιος να βάλει ελληνικούς υπότιτλους, θα κάνει τεράστια χάρη σε πολλούς κοιμισμένους:

https://www.reddit.com/r/Bitcoin/comments/1clh38i/banking_system_visualized_watch_the_full_series/
68  Bitcoin / Bitcoin Discussion / Re: Edward Snowden Final Warning for Bitcoin on: May 06, 2024, 10:30:40 AM
Imagine if Satoshi was a scared little P***Y as some people around here when he was designing Ditigal CASH...
Maybe he was scared:

https://www.reddit.com/r/Bitcoin/s/pLhd7mF9IX
69  Bitcoin / Bitcoin Discussion / Re: Edward Snowden Final Warning for Bitcoin on: May 05, 2024, 09:38:33 PM
For some unfathomable reasons some people need to have everything private.
What happened to the opensource movement, they are anti privacy?

Privacy is centralized in a sense.
What do you mean by that?
70  Bitcoin / Bitcoin Discussion / Re: Edward Snowden Final Warning for Bitcoin on: May 05, 2024, 12:57:59 AM
Personally, I don't like optional privacy in altcoins (like LTC or Zcash). Only 10% of ZEC's transactions use shielded addresses, which kinda defeats the purpose. I don't even understand why Snowden used to shill ZEC. Huh

I prefer mandatory privacy (XMR, BEAM etc.)

When it comes to BTC, some people argue that transparency is needed to avoid (rare) bugs like this one.

Theoretically if this bug happened on XMR nobody would ever notice it (well, unless someone was dumb enough to dump so many coins in an exchange Grin).
71  Local / Ελληνικά (Greek) / Re: Cash fungibility... on: May 04, 2024, 11:13:20 PM
Μπορώ να δώσω κι άλλα λινκ, αλλά μάταιος κόπος θα είναι...

Μέχρι και σε μαγαζί με μοτοσυκλέτες δεν δέχονται €500άρικα.
72  Bitcoin / Bitcoin Discussion / Re: Edward Snowden Final Warning for Bitcoin on: May 04, 2024, 01:53:52 PM
If I had to take a guess, I'd say WEF/BlackRock wouldn't like it very much... Roll Eyes

Yeah but I don't think anyone truly down with the bitcoin ethos (miners included) has ever really cared what those two entities have to say about... anything.
But they do care about their profitability (which is directly affected by BTC/USD and ETF inflows), don't they? Wink

Eventually - if/when - we get invaded by aliens, a one-world government might not be such a bad idea. We'll really need to get our shit together. Until then we'll continue to argue with anyone who holds different beliefs than we do.
An informal one-world government already exists and people keep arguing about West vs Russia (controlled opposition).

Be careful what you wish for, because this might turn into a global technocracy/dictatorship (we got a small taste back in 2020-2021)...
73  Bitcoin / Bitcoin Discussion / Re: Edward Snowden Final Warning for Bitcoin on: May 04, 2024, 01:15:20 PM
Privacy sidechain? Liquid network might be what you're looking for since they implement Confidental Transaction. For something easier or lighter on Bitcoin on-chain, MimbleWimble or other form of non-interactive CoinJoin probably are better option than CT.

Litecoin, which signaled MWEB into activation in May 2022, has always been something of a test environment for features later implemented in Bitcoin. Litecoin was the 1st to have SegWit, a Lightning Network, and now MWEB, which is an optional privacy enhancing feature, used by Grin as default.

Here's a pretty in-depth article about how it all works. I honestly don't see why this can't also be integrated with BTC, if miners signaled for it... maybe there's a good reason but I don't know what it is.
If I had to take a guess, I'd say WEF & BlackRock wouldn't like it very much... Roll Eyes
74  Bitcoin / Bitcoin Discussion / Re: Edward Snowden Final Warning for Bitcoin on: May 04, 2024, 11:00:55 AM
Bitcoin is not an TCP/IP equivalent, Bitcoin is just a transaction processor.

So if you want to put it in analogy, Intel 8086 made in 1978 was the first processor of the x86 family.
From your logic, we should only use the original instruction set and never add any new instructions or superscalar pipelines and we should stick forever with 16 bits.
Well, go ahead - switch to 8086 from 1978, any other are just forks (shitcpus).

The TCP/IP analogy was made up by uneducated Bitcoin fanboy who tried to imply that Bitcoin is the backbone of cryptocurrency and even if something better comes, Bitcoin will stay relevant.
That everything else will be just a second layer for it, the problem with this logic is that other projects have their own evaluation based on usage and Bitcoin "standard" is just a pipe dream.
You can see it on charts when Bitcoin gets into bear market but some projects don't react at all or even go up.

Sleep tight! Kiss

Seems like you're just a troll, I will not continue discussion with you.
Not only you are a troll, but also technically illiterate.

I mentioned the x86 analogy first to prove a point: you need to have backwards compatibility at all costs to be successful in the IT field.

That's why we have monstrous x86-64 CPUs (instead of lean and mean RISC) with tons of legacy baggage (including 16-bit/DOS compatibility), Windows, even WINE on Linux...

Intel/AMD stick to the x86 standard, they don't do hard forks (Itanium teached them a lesson), they only do "soft forks" (instruction additions from x86-64 to AVX-512).

So stop bringing strawman arguments and embarrassing yourself!

You don't even remember that way better technologies (Commodore Amiga, SGI, RISC) went the way of dodo.

That's because the IBM PC/x86 standard offered BC and absorbed every single exotic technology (modern Nvidia/AMD GPUs are like Blitter/SGI on steroids).

Guess what? Bitcoin seems to follow the exact same path.

It absorbed NFTs (Ordinals) from ETH and now they're also trying to absorb smart contracts (BitVM) without compromising backwards compatibility (legacy addresses, 1MB blocks etc.)

Is that so hard to understand?
75  Local / Ελληνικά (Greek) / Re: Τι απαντάτε στο επιχείρημα με τη μεταβλητότητα; on: May 04, 2024, 02:02:32 AM
Ο εκτυπωτής πήρε μπρος ξανά:

https://www.reddit.com/r/Bitcoin/comments/1cj6ye7/the_fed_has_officially_restarted_the_money/

Πρόεδρος Εδεσσαϊκού FED edition:

https://www.reddit.com/r/Bitcoin/comments/1cj5dan/this_has_to_be_satire_right/

 Cheesy
76  Local / Ελληνικά (Greek) / Re: The Great Reset and the Rise of Bitcoin | Award Winning Documentary on: May 04, 2024, 01:48:03 AM
Ενδιαφέρουσα συμπτωσούλα:

https://www.youtube.com/watch?v=R47h_ux-nE8

Quote
US Release MAY 3, 2024: www.findingmoneyfilm.com
An intrepid group of economists is on a mission to instigate a paradigm shift by flipping our understanding of the national debt — and the nature of money — upside down. FINDING THE MONEY follows Stephanie Kelton, former chief economist on the Senate Budget Committee, on a journey through Modern Money Theory or "MMT," to inject new hope and empower democracies around the world to tackle the biggest challenges of the 21st century: from climate change to inequality.

MMT = Keynes Reloaded

Γενικά για να φέρεις το πόπολο εκεί που θες (CBDC + smart contracts) αρκεί ένα (προπαγανδιστικό) «ντοκυμαντέρ»... Cool

Στο εντωμεταξύ μαζεύουν μπιτκόνια (μέσω της BlackRock) και κλείνουν mixers... Roll Eyes

Μα θα πει κάποιος «τα BTC δεν είναι της BlackRock, είναι του κόσμου».

Έτσι λέγανε κάποτε και για τις τράπεζες (πριν δημιουργηθεί η FED, επί Gold Standard) ότι ο χρυσός που μαζεύουν είναι του κόσμου (των καταθετών).

Είδαμε πόσο καλά πήγε κι αυτό...

Θα κοτσάρουν ESG score (social credit score) στο BTC ETF και άντε γειά! Angry

Η BlackRock δεν είναι καν CEX όπως η Binance, δεν έχει επιλογή withdraw BTC. Μόνο USD μπορείς να κάνεις withdraw (μετά την μετατροπή), ούτε ένα σατόσι! Και φυσικά θα φορολογηθείς αναλόγως (κάτι που δεν ισχύει για hodl BTC/unrealized profits).
77  Bitcoin / Bitcoin Discussion / Re: Edward Snowden Final Warning for Bitcoin on: May 03, 2024, 10:56:39 PM
I hate to break it to you, but Bitcoin is the TCP/IP of money. It's as ossified as the ancient IPv4.

Well, I hate to break it to you as well, but you are simply wrong.

Bitcoin is just another cryptocurrency project, it was first (decentralized) project - that's it.

It's not as important as you may think, it was important in the evolution of other projects - yes.

But it is not required for the cryptocurrency ecosystem to live.

It's late where I live, maybe someone else will answer your other funny assumptions.
https://www.reddit.com/r/Bitcoin/comments/1cfw1nf/the_creator_of_gmail_on_the_promise_of_bitcoin_at/

According to your "logic", TCP/IP and the internet aren't needed either for Bitcoin, because we have Blockstream's satellite and radio waves. Roll Eyes

Sorry to break it to you, but if Bitcoin goes to zero for whatever reason (nuclear WW3 or whatever), then literally every cryptocurrency will go to zero.

Bitcoin for the cryptocurrency ecosystem is the equivalent of USD for the fiat ecosystem.

Sleep tight! Kiss
78  Bitcoin / Bitcoin Discussion / Re: Samourai Wallet seized by the feds on: May 03, 2024, 10:22:31 PM


Does it still sound like a conspiracy theory?

Privacy will be gone completely in a few years. We will be sharing our cars and homes with strangers. I already share my country with millions of illegals thanks to the US politics in the Middle East. Make a google search and see which country hosts the most refugees(!).

The US has been taking thousands from the Mexican border.

These things happen because of the evil globalist fucks like Klaus Schwab.
Only gullible people believe this is a tinfoil hat conspiracy theory. Most likely triple jabbed ones.

They want to bring Techno-Communism:

https://www.weforum.org/agenda/2016/06/could-capitalism-need-some-marxism-to-survive-the-4th-industrial-revolution/
https://twitter.com/mattgubba/status/1560529318857609217

It's a prerequisite to bring UBI + CBDC.



[ img width=700]https://talkimg.com/images/2024/04/25/raZA1.jpeg[/img]

Does it still sound like a conspiracy theory?

Privacy will be gone completely in a few years. We will be sharing our cars and homes with strangers. I already share my country with millions of illegals thanks to the US politics in the Middle East. Make a google search and see which country hosts the most refugees(!).

The US has been taking thousands from the Mexican border.

These things happen because of the evil globalist fucks like Klaus Schwab.
Well as someone with a family full of conspiracy theorists who somehow came to the conclusion that covid was created by WEF, this is actually a very real and serious threat to Bitcoin, what they are doing right now. And I'm sure that there are some WEF-affiliated people in governments, the IMF, World Bank and others and also rich people who attend Davos meetings who give donations to said people.

I'm sure you remember when they tried to outlaw strong encryption and then people were printing the PGP source code on t-shirts, mugs and so on.

We need to channel that resistance because ultimately, code is free speech protected by the first amendment. You can't be held criminally liable just for writing it.
Maybe your family is onto something:

https://twitter.com/EssexPR/status/1544273335881801728

They didn't create COVID (a variant of flu) per se, but they did orchestrate the COVID hysteria (mass media fearmongering, social media censoring of dissenting voices, lockdowns that destroyed our economy by increasing inflation, forced experimental vaccinations etc).

I was very sad to see Bitcoiners support all this anti-freedom measures back in 2020-2021, but I'll let it slide for a second.

And now they're attacking people's privacy...

These guys control almost all governments (not just the West, but even Russia/BRICs is a controlled opposition), they're not our friends.

The road to hell is always paved with good ("humanitarian") intentions. Wink
79  Bitcoin / Bitcoin Discussion / Re: Edward Snowden Final Warning for Bitcoin on: May 03, 2024, 10:17:47 PM
Have a look at IPv4 and then tell me why can't we ditch it for the superior IPv6. Modern computers/CPUs can easily handle 128-bit numbers, unlike 8-bit CPUs from the early 80s.
It must stay for compatibility, maybe in future it will be ditched altogether.
Thanks for proving my point.

IPv4 will never be ditched. Same for BTC (block size debates and whatnot).

If we could start everything from the beginning, I'm sure many compatibility layers used today wouldn't be required and many things would be designed differently, with encryption and privacy in mind.
But we cannot start everything from the beginning. Trillions of dollars would be required to change all the IT infrastructure globally. Perhaps the A(G)I could do it by itself in the distant future, but that opens a whole new can of worms for humanity.

That's why we have monstrous x86-64 CPUs (instead of lean and mean RISC) with tons of legacy baggage (including 16-bit/DOS compatibility), Windows, even WINE on Linux...

But we don't need Bitcoin running for compatibility reasons, it's not a backbone of cryptocurrency.
I hate to break it to you, but Bitcoin is the TCP/IP of money. It's as ossified as the ancient IPv4.

Imagine if TCP/IP offered default privacy on a protocol level and Tor wasn't even needed... where would the internet be today? Would the elites permit such a global network to exist?
80  Economy / Trading Discussion / Re: Calling out top exchanges and youtubers to stop pushing their 56k modems on ppl on: May 03, 2024, 10:06:57 PM
This aged well. Grin
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