Kudos for jumping feet-first into the free for all. Before I sling shit, I would like to recognize your effort, and also state that my counterpoints (such that they are) may be irrelevant. That said... 1. We have several smaller parties.
2. Anyone who wants to volunteer to host a party just posts on WO that they are hosting a party and hat members who want to come will respond to the post.[/b] The host will list how many WOs and friends they can accommodate what city the party will be in and what activities they will do.
Reasonable. You might want to look at how far 600watt got the 1K planning, before giving up altogether on the one party to rule them all plan. After all, wouldn't it be fun to get the whole happy gang together? WO hat holdler dinner only: The limit for this dinner is 25 people. We will meet at a high end restaurant at a Vegas Casino the location of which will be disclosed the day before. A reservation will be made to ensure they can accommodate a party this large. Checks will be separate and each member responsible for paying their bill of course. No non WO Hat members at the dinner bc secret plans for global domination will be discussed.  Dinner time is at 6pm. Semi-private get-togethers for dinner in Vegas have a decidedly ooky history in the Bitcoin space. #justsayin Look it up. Fourth event: Brothel adventure. At 6am WO members still awake and ready to party will join Slayer in his limo and head to Pahrump, a small town an hour away. If more than 20 are still in the game at this point it is easy to get extra transportation in the blink of an eye. Brothel adventure is for WO members only, no guests allowed. The limo will head back to Vegas at 10am.
A Pahrump trip without a stop at Front Sight? What are you thinking? We'd have to clear our heads from the partying from the night before, but even an extra day to shake out the cobwebs would make it worth the effort. |
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At some point you realise, exchanges don't let you withdraw large amounts and banks close your accounts at the mere mention of Bitcoin due to money laundering and liability concerns. Your money is locked into the system, allowing only a few trickles into your bank account.
But then again. Banks are digging their own graves. Can't get money out of the system? The system becomes the new money. All is a question of time.
The guy I buy from regularly on Localbitcoins had his fiat bank account shut down. He’s started a new one & created a bogus company so he can continue to trade. It’s not difficult to work around money laundering, we have two official businesses but I have 8 directorships. You just filter the money into/through as many companies as you can to reduce taxes. Besides when bitcoin goes to the moon you won’t want to cash it all out, you’ll be able to live on bitcoin (hopefully). Shelby sez: Raw and unfiltered, folks. And free of any commentary from yours truly. |
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https://www.sec.gov/news/press-release/2019-87The Securities and Exchange Commission today sued Kik Interactive Inc. for conducting an illegal $100 million securities offering of digital tokens. The SEC charges that Kik sold the tokens to U.S. investors without registering their offer and sale as required by the U.S. securities laws. sucks for ETH, 'crypto' perhaps, btc maybe Kik has been building a crypto legal warchest. They feel SEC has far overstepped their regulatory authority in the crypto space. They say that they want this fight. May be sour grapes -- marshalling the crypto faithful to donate to the legal fund -- but who am I to say? |
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Facts are simple and facts are straight
Facts are lazy and facts are late
Facts all come with points of view
Facts don't do what I want them to
Facts just twist the truth around
Facts are living turned inside out
Facts are getting the best of them
Facts are nothing on the face of things
Facts don't stain the furniture
Facts go out and slam the door
Facts are written all over your face
Facts continue to change their shape
Reported for plagiarism. (j/k) I know its from a more obscure title by the Talking Heads. Still waiting... |
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^
Indeed only JJG Will fight with text of words @some point
Probably after 2 waters and a sparkling water....
JJG will be the MC for the party.  Facts are simple and facts are straight Facts are lazy and facts are late Facts all come with points of view Facts don't do what I want them to Facts just twist the truth around Facts are living turned inside out Facts are getting the best of them Facts are nothing on the face of things Facts don't stain the furniture Facts go out and slam the door Facts are written all over your face Facts continue to change their shape |
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The problem with metals, besides that I can't buy a jug of milk with it, is that tyrannical states can and will just take it. Metals are for the rebuilding phase, not the purge phase. And bitcoin is for getting a safe distance while it all blows over.
Get off the drugs. It's far easier for the state to make Bitcoin unusable than metals. And confiscating metals is even less feasible than confiscating guns. Even Shlomo Nakamoto says Bitcoin is useless vs state actors. Then you don't understand the tech, or politics, or both. Bitcoin is global. Somewhere is going to be fine with it, even if your local corner of the world ain't. And if you are not willing to leave a soviet-level state, then that's entirely on you. Because it's so useful if the G7 or G20 banned Bitcoin but someone in North Korea has a 486 with the magical ledger of imaginary, valueless tokens on it! The state can easily destroy and prevent the use of Bitcoin because running a police state in the digital world is cheap and cost effective (see Facebook, Twitter, the nation of China) while running a police state in the physical world requires orders of magnitude more resources. Pretending it's harder to stop Bitcoin than metals is a flat out lie. They require the govt's own infrastructure to even work at all. Martin Armstrong has been talking for years about people getting harassed for transporting precious metals across international borders, or having the PMs confiscated. PMs are almost completely useless, aside from international settlements and reserve holdings. Edit: Open your eyes - we're not heading toward a more open world. Governments around the world are starving for money, and putting tighter restrictions on moving money internationally. I'm going to take a silver coin on my next trip (in 2-3 months time probably). If it causes any problems whatsoever I will report all the details here. Consider it a public service. I used to always have a 1oz gold eagle in my pocket. Out for a bite ... off to work ... air travel, whatever. I gave up the practice some years ago. In theory, should not be a problem. US CBP does not admit to caring about anything under $10,000. Would take a rather large-ish silver coin to get to that limit. Then again, why tempt fate? |
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Afaik transaction malleability breaks LN. So Segwit is necessary for LN as it fixes transaction malleability. Also BIP 114 for MAST requires Segwit.
I think that the malleability bug is separate from the segwit. I think segwit required the fix in order to work. So segwit in on itself is not required for LN. This is an important difference if true. Can anyone confirm/deny? Segwit is ABSOLUTELY needed for LN to work. In current implementation, sure. But conceptually, no. Don't take my word for it - gmax said so XD. 'Something like LN' is simplified by a malleability fix. But not utterly dependent upon. And segwit is but one of many possible malleability fixes. |
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And what is the practical use of LN? Why is LN "necessary"? And what even is MAST?
Personally I think the jury is still out on LN. I think there will be a wave of competing second layer solutions of which LN, RSK and Liquid are just the start. But decentralised instant Bitcoin transfers are pretty handy. Particularly because you don't want those coffee purchases clogging up the main chain. As for MAST - Bitcoin already uses merkle trees. A block is just a collection of transactions in a merkle tree format. MAST is a twist on the idea: Merklized Abstract Syntax Trees. Basically MAST allows for complex scripts to be appended to the Bitcoin blockchain with just a tiny proof recorded on the blockchain, so the vast majority of the script sits offchain, creating the ability to create Bitcoin smart contracts which are largely offchain. And because they are off-chain, they are private. Well, they're not private because they are offchain. They are private because the only part exposed to the public is the merkle hash. Of course, to activate them, one must reveal the script corresponding to the hash. So no longer private. Yes, multiple separate scripts can be bound up in the single MAST hash, and only the redeemed script requires revealing. But any operative one does. And of course the fact that the script is not onchain means that script management is the responsibility of anyone who might want to redeem a script bound up in that MAST. Yes, that's not really conceptually much different from key management. But still a non-trivial issue. Most importantly: not currently a part of BTC. Standard disclaimers apply. |
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Edit: no need to take my word for it. This is what Andreas says:  You seem to be confusing SegWit with the other cruft bundled into The SegWit Omnibus Changeset. |
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You took your sweet time because it took nearly a year to hit 0.066
I was underwater for a bit, 'tis true. Irrelevant. I'm in for the long haul. Though truth be told, nobody much tried to use the price to hurt my feelings in several weeks. Not like it would accomplish anything anyhow. Cheers! |
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... and they seemed to have gotten their asses handed to them, the bitcoin naysayer nutjobs, no?
No. I would have thought going from 0.18 BTC or whatever it was to 0.05 or whatever it is counts as having your ass handed to you, but I'm not up to date on the new math. If that trend continues after the next blockalypse, I might have some egg on my face. Otherwise, nope. Sorry. Incidentally, my biggest buy in was 15:1. |
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Jbreher is a BCash scammer. 100% fake.  Haha. What -- exactly -- are you claiming with your assertion of "100% fake"? |
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... and they seemed to have gotten their asses handed to them, the bitcoin naysayer nutjobs, no?
No. |
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If this little soiree is going to cost 400 fucking grand ...
Each? A few seem to have settled on 10 grand a piece and 40 people. No idea why and it Weren't me. No, sir. There was no settling and really the idea of charging a entrance fee is ludicrous. This is just low brow flights of fancy. I think what we should really do is look into a pay per view type extravaganza with obstacle courses and medical teams on standby. I am sure the whole cost could be defrayed and the rest sent to a good charity. Or more germane, we'll all talk some about investing in Bitcoin. Which will make the trip tax-deductible. Lotta savvy biz knowledge to be shared amongst the tycoons of industry known as the WO regulars. |
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If you guys ever decide on The Philippines,
P.S. I would not suggest any drugs in the party.
Not even alcohol & caffeine? |
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Level 3 is the name of one of the bigger backhaul innertube providers. |
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Now you are starting to make sense $10k/head is definitely doable and mic did the math pretty perfectly $300-400k can buy pretty much anything you'd ask in a party. (not beyonce sorry) *I am still OK with the second option, drinking Beer  . Don't like to get dressed for parties. Yeah 400 grand surely doesn't sound like plastic chairs, sandwiches and cheap beer BuBut MAYO sammiches. |
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Since we don't really know each others, we might not all have the same moral limits. There might be priests, law enforcement officers, former addicts or even vegetarians among us.
Zing! |
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Hiring an appropriately sized venue entirely (hotel / country house... fuck it - a castle, even) might make security a little less of an issue
Unfortunately, Risto's place burned down. Of course, he turned a little cray-cray before said event, so there's that... |
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If satoshi had wanted changes in bitcoin, he would have stuck around past 2010.
Perhaps. But he left. And rather than no changes, we had The SegWit Omnibus Changeset rammed down our throats. The biggest change ever to happen to the Bitcoin Protocol. Well, since being invented to begin with. |
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