well, what can the Lebanese treasury ministry/central bank possibly do to maintain a manipulated official rate in a barely functional controlled market if the free-market rate is falling in a functioning free-market? It's never been possible to control anywhere else this has happened, and so I agree with you, they would be wiser to abandon the peg in the calmest possible way

Not sure what to make of this story. Has anyone heard of this person before? Seems a bit self-important for a person that's done pretty much nothing except sit around exhaling bad breath with some apparent words mixed in




link: https://bitcointalk.org/index.php?topic=5197543

In exciting new news, new to Bitcoin, a brand-new complete nobody has newly announced that their new meaningless opinion is the same thing as what he said 2 seconds earlier.

Dubbed "Bitcoin's Invisible Man" (so-called because of their publicity-shy transparency), Mr. Nobody tweeted every minute of the day last week in the most objective way yet:



Mr. Nobody went on to explain that God had recently told him the truth about everything, ever:



In conversation with his imaginary friend Bitcoin Re-hash, Nobody went on to say:



I think we can all agree Bitcoin friends, this is groundbreaking stuff from Mr Something-or-other!  Be sure to subscribe to his feeds to find out the next important chapter in this story!!!



Wow! I literally cannot contain my excitement about this! Everyone should reply to tell us what they think about this crucial development in Bitcoin, we need to make sure it gets the attention it deserves!!

not really

these days, almost all of the money goes to servicing old government debts multiple decades in the past, so in a way you are paying for these things: from the 1930's, 1940's. 1950's, 1960's....



I disagree

If for instance, you live in the US and pay US federal taxes, some of your tax dollars are being used to pay for the Manhattan Project (assuming the funding is still outstanding, a distinct possibility), or certainly for the Vietnam War.

If I paid for the Vietnam War, I would find it weighing on my conscience. I guess everyone's conscience is different

ugh.

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did the dollar peg not fail in the black market recently? it's hard to tell, we're relying alot on hearsay from Lebanese people living this situation, but I've heard that the LBP/USD peg is meaningless now when doing cash business in a free market

you meant "existing offchain solutions"


I think it's important to remember that this is a very immature tech. There are people working on other possibilities for offchain tech, check out the Scaling Bitcoin conference videos for a few examples.


There is a very long time to wait before any problems with Bitcoin's present miner incentive scheme begin to show. Literally decades. I expect that either Bitcoin will switch to a 2nd layer solution that outperforms blockchain tech, or that Bitcoin itself will be wiped out by something unknown. I also expect that either could take a long time to happen, again, perhaps decades.

In the meantime, the mining reward schedule that we're already using along with payment channels on the 2nd layer can buy a huge amount of time for people to work on a permanent solution. And there are risks in switching to a constant inflation schedule, most of the people who took an interest in Bitcoin did so because the inflation schedule was designed to go to zero, people were attracted by those economic principles.

So what are the inflation-happy people going to do if we all stop using Bitcoin and switch to another anti-inflation money? Will you keep following us every time we change to the latest non-inflating money, and start the same debate all over again? Bitcoin already is the "we-don't-want-inflation-leave-us-alone" coin


So thanks for your help, but no thanks

so what depends on openssl? libbtc?

i would resist the urge to rely on a mouse.

you will end up learning to use the command line no matter what, once you're up to speed, the mouse will become a spare part. And if you stop using a desktop, your machine will have more RAM to use for Bitcoin and Lightning (RPis share RAM between the CPU and the GPU, you can change how much the GPU uses in the file /boot/config.txt)

it uses BTC

why would people talk about Lightning for BTC if it used a different coin? I don't know how you got such inaccurate information

---

I've got a suggestion for you. Don't do it. I'm not convinced you won't make a mistake, and Lightning's still too rough around the edges for people who don't know what they're doing to start going on adventures with it

your answer doesn't make any sense to me, but I'm glad you solved the problem, whatever it was

there's a very simple reason.

I use Tor for most websites, because it adds noise to the signal, and that helps people who need Tor (including sometimes me). So if you're using Tor anyway for regular websites (loads of normal websites have a .onion version now, e.g. DuckDuckGo) that have a .onion url, guess what? The .onion site is faster to load, because the extra latency of sending it back out of Tor through an exit (and then back into Tor and only then on to your browser) is avoided, .onion traffic goes into Tor once and then straight back out to you.



I dunno, it's usually the same media sources that are full of "darkweb" ghost stories that say things like that.

Thought experiment: if Tor really works, and if newspapers aren't lying when they say they don't have intimate connections to intelligence agencies, then how could they possibly know what people are using Tor for?

but not always

I run my own .onion domain, you know why? Nothing nefarious, it's just easier to set up an addressable IP that way. I can login to my Raspberry Pi remotely using the .onion address, then check my lightning node, manage it, or (only in rare cases for now) use it to pay for something.

asking your ISP to give you a static IP to use and configuring it through a router is not such a great option; if you change to a new ISP (or just move to a new place), it all has to be set up again. A .onion domain you can setup in about 5 minutes (less really), and you can take it anywhere without having to go through a whole load of bs. Bitcoin's gonna be supporting I2P and CJDNS sometime soon (and so hopefully Lightning will too). Those 2 are better tech than Tor in many ways, and you can use them just as easily to set up a reachable IP.

so using Tor can easily have nothing at all to do with anonymity (Lightning is designed to be anonymized whether you use it over Tor or not), it's simply a case of practicality for me.

no, the newer RPi's boot direct from USB without firmware updates. The 3B (not 3B+) needed a change to the /boot/config.txt file to specify the UUID of the disk containing the alternative root partition, but 3B+ and the 4 can pick up the /boot folder and the root partition directly from a USB based SATA disk.

Maybe this won't work with USB flash drives? But with USB attached SATA yes, the RPi 4 even has a special new disk-over-USB protocol to make SATA work better than it did with the RPi3.



I'm pretty sure you should be able to get a 5A rated power supply, the RPi4 definitely will want plenty of power as it's processor is more capable than the RPi3, and all the extra RAM also wants more power too.

These microboard style computers often have people talking on forums about how having the higher rated power supply helps improve stability when you're maxing it out, e.g. using the processor alot, or using alot of USB connected devices simultaneously. The RPi4 in particular has had problems with it's power consumption (and overheating) that have been mitigated by updating it's firmware since release (RPi4 is pretty new in stores, and the engineers at the Raspberry Pi co. didn't get it working optimally before it was publicly released, it's still being tweaked)

right, Armory won't work if it can't catch up with Bitcoin's blocks



People have had a lot of problems with Windows and Armory recently, perhaps some change to Windows could've provoked a bug. Do you have another computer (with Linux on it)?

...and that reminds me of that Well Fargo scandal a couple years ago where they got caught signing up 1000's of clients for accounts they (WF) used to perform their own transactions, without the clients knowledge (let alone applying for )



or in any economic model

the fact is, I and other BTC holders are not just speculating on Bitcoin's future, we're speculating on the USD's future too, USD holders are doing the same thing the other way around. We're looking at the world and predicting a changed future, dollar holders are predicting the future will be similar to the recent past. Both are speculative, as no-one knows what the outcome will be. Maybe both will last forever, maybe they'll both be outrun by some other currency.

no, newer RPi's (4 and 3B+) can be booted from USB based storage. If you want to update the Linux kernel (which will improve the stability of the microboard over time), USB booting is the best option long term. But getting up and running booting from SD is fine, just remember that those kernel updates will (very slowly) wear out the SD card too.



...and go for a high current power supply if it's available from the vendor. Some USB devices draw a fair amount of power, the CPU & RAM need power when working hard, so best to deliver as much as the RPi is rated for to keep it stable.

there is no possible method for counting unused addresses anyway.

unless the address is used, it doesn't appear in the blockchain. the only way unused wallets could be miscounted like that would be if a webwallet did so, but you'd be unwise to believe any such unverifiable claims made by webwallet sites, they're pretty heavy on the "marketing rhetoric" (i.e. bs), as you would expect

no, I think that was slush's pool that returned the accidental 100 BTC transaction fee (the original thread was here on Bitcointalk, cannot remember when though). P2pool would've been a nightmare to get overpaid fees refunded, there were usually 100-200 payouts per block, where the 50 or 25 BTC reward (don't think p2pool survived past 12.5 BTC) got paid to that many addresses. They'd all have to have been paying attention (and be sympathetic to the mistake too) to refund it all! Slush's pool is still pretty big last I checked.