Well, that escalated quickly Wow, just wow. In a prior crypto life (like just a few years ago), it was reasoned that the coin holders would consider a successful 51% attack as a full-out compromise of the chain, and dump everything, never to return. Now they just keep holding the coin, and the devs keep shilling. They even mentioned successful double spends! What a fucked up crypto world we live in now. I guess you can't fix stupid.
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OK, you win if you can get one Core Dev to agree with your assertion that a second layer solution is as secure as a first layer solution.
Ok if you are going to debate with me, you need to stop putting words in my mouth or twisting what I type. I never fucking said this, anywhere. I said that Bitcoin can still become the dominate crypto and service the whole world without a first layer privacy solution.
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No it isn't. Just because 99.9999999999999% of people right now don't own Bitcoin, doesn't mean it can't "handle the world at large".
You can't prove that it can., And you can't prove that it can't. Bitcoin can be the dominant crypto in the entire world and handle the world at large without a first layer privacy solution. FACT. How does that bit of news FEEL to you?
Prove this assertion, you cannot. And you can't prove that it can't. So impasse? Nanner nanner?
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BTC is the best for store of value but is still unable to handle the world at large
a) I totally disagree b) You're using a generalized, boil-the-ocean argument c) As opposed to what shitcoin that can? and there are many edge cases that others can fit just fine.
What edge cases are so crucial and desparately needed? 99.999999999999% of people don't even own Bitcoin right now.Welll, Well welll... the bolded is your argument against yourself from your first fallacy. No it isn't. Just because 99.9999999999999% of people right now don't own Bitcoin, doesn't mean it can't "handle the world at large". For instance privacy as a second layer will never compete with a first layer solution period, go ahead and ask any expert you want.
Clarify/quantify 'never compete'? Bitcoin is competing the hell out of all the other shitcoins, and winning like a boss. Its utility, security, and universal adoption is miles ahead of anything else. The vast majority of Bitcoin users feel the privacy issue is a non-argument. All of your online devices are insecure, your data you freely give over to OS creators and Social Media platform providers, where it is then sold, or hacked, or both. Your IoT devices are listening to your every conversation. How about we fix those privacy problems first, eh? Crypto doesn't care what you FEEL, it doesn't change facts. Bitcoin can be the dominant crypto in the entire world and handle the world at large without a first layer privacy solution. FACT. How does that bit of news FEEL to you?
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BTC is the best for store of value but is still unable to handle the world at large
a) I totally disagree b) You're using a generalized, boil-the-ocean argument c) As opposed to what shitcoin that can? and there are many edge cases that others can fit just fine.
What edge cases are so crucial and desparately needed? 99.999999999999% of people don't even own Bitcoin right now. For instance privacy as a second layer will never compete with a first layer solution period, go ahead and ask any expert you want.
Clarify/quantify 'never compete'? Bitcoin is competing the hell out of all the other shitcoins, and winning like a boss. Its utility, security, and universal adoption is miles ahead of anything else. The vast majority of Bitcoin users feel the privacy issue is a non-argument. All of your online devices are insecure, your data you freely give over to OS creators and Social Media platform providers, where it is then sold, or hacked, or both. Your IoT devices are listening to your every conversation. How about we fix those privacy problems first, eh? Just sayin'.
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Just look at the comments: irony, tone deaf, pot calling kettle, they all fit the scenario. Roger Ver is some piece of (shit) work. Also, I'd love to debate with these asshats on why they believe that having 10,000+ shitcoins all vying for world attention is better that the world consolidating on the best, most logical one (i.e., Bitcoin TM). The only people that are against Bitcoin TM maximalism either a) hate Bitcoin TM, b) are idealogically just against a single crypto winning the hearts and minds of the world public, or c) have something to personally and directly gain from all of its shitcoin competitors. Or all of the above. None of these beliefs make any sense or do the crypto space any good. At all. Period.
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Guys really, c'mon... I'm seeing 'This user is currently ignored.' ever other fucking post now...
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I can understand why 12-year-old girls get have wealthy parents hand them iPhones. They're cute and all the other kids have them.
Let's quantify that a bit. No kids could afford these phones on their own, with money out of their own pocket.
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A cryptocurrency has to endure for decades in order to "make it".
Bitcoin has endured it's first decade, and is still the most popular and garners the most support by many orders of magnitude.
Other shitcoins have not. Thousands have died off or are simply zombie coins with no future.
Any new coin launched today is just reinventing the wheel, it is DOA. Nobody cares except the devs trying to scam people.
Bitcoin is the past, present, and future of cryptocurrency. Everybody realizes this now.
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OT: Here's Tim Cook's plan to get more people to upgrade their iPhones and turn Apple revenue aroundhttps://finance.yahoo.com/news/apos-tim-cook-apos-plan-142600035.html- In an interview with CNBC, CEO Tim Cook laid out his plan for getting revenue back on track by encouraging customers to upgrade their iPhones.
Cook said he will focus on the factors Apple can control, like marketing its trade-in program and developing a payment plan for iPhones, rather than those he can't, like trade tensions between the U.S. and China.
A payment plan for a smart phone? Really? Here's an idea Tim, why don't you try making an iPhone that's actually fucking affordable? At $1000+, you've priced iPhones right out of the Average Joe mainstream market. Even in China. It's a fucking phone for god's sake, not a Rolls Royce. Fuck Apple, Pixel phones all day every day!
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7 1,000,000 TPS (w/ LN), Visa has 47000
FTFY. Now fk off newb troll.
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I hate to admit it but today I bought a gold coin.
After 1.5 years of break, this is the first gold I bought.
Gold may see some serious action this year.
Why should you hate to admit it? I own some gold. And some silver. I see PMs as complementary to Bitcoin. The goals are the same, they are aligned: a hedge against the total fuckery that is the world global fiat-based monetary system. It doesn't have to be either-or like some people paint it.
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You guys do realize that 99% of normies coming into Bitcoin are going to just buy their coin on sites like Coinbase or Gemini and leave them there? And with all this back and forth debate about the "right" personal coin security, and the pitfalls if you get it "wrong", who could blame them.
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We had an explosion of whizbangery a decade ago. We had not come close to riding that to its natural conclusion before wizards that thought they knew better perverted the system.
Oh well, devs gotta dev.
I thought you were a dev. Nah he's just a fucking hack.
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Oooh, all the regular trolls are back in force, along with a few new ones. Guess we're going up soon.
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Just look at this graph of the US budget surplus/deficit ratio. Its been 2 generations since there was a surplus and even that is questionable as some say monies were borrowed against the SS trust fund or something along those lines. I am just sick and tired of being ripped off and lied too...pretty simple really. Is it to much to ask that "they" not do this anymore? Here's the irony though. I lived through that Clinton era of govt surplus, and oh boy how you should have heard the Republicans/Conservatives screaming about how "it's our tax money, how dare they hold it!" and "they should spend it on something good, like infrastructure!" and "the economy works best when the govt works in a deficit!". I shit you not. I bet all of them would KILL for a govt surplus instead of the huge deficits and national debt that we have now. They let political bias cloud their sanity. (For the record I am a libertarian, a fiscal conservative)
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TBH though, it's moot. I don't think anyone cares anymore after what happened in the Bitcoin community. Satoshi envisioned that the fork chain with the shortest PoW record would get "attacked and killed off" by the miners. Never fkn happened. In fact, they kept all forks alive because "reasons", selfish fucking reasons. So it's a non-argument that has lost its meaning.
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It's impressive, until you realize that all these crossfitter women are all 18-20 yrs old and < 5'-2" tall. And former gymnasts or cheerleaders. Show me a vid of a 35-40+ yr old doing that's at least 5'-8" tall, and I'll really be impressed.
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