It's going up forever, Laura.
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Pay people to make no kids just have lots of fun sex. Problem solved.
Just a thought . Not a real solution.
Next up, Vasectomy Passports. TBH, that would solve a fair amount of problems.
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Bitcoin community generally not interested with smart contract or other usage with high complexity, so it's not surprising you have hard time. But after short research (thanks to this thread), i found out RSK already support token, although there are few information/documentation about it.
RSK is very good at doing smart contracts. It's reasonably fast, and transactions are cheap.
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It’s a hell of a lot easier to have “fuck you” money when your 60 than when your 40.. You only need like 25 years worth of “fuck you” money if your 60, if you are 40 then you need 45 years worth of “fuck you” money..
Wrong way to think about it. The goal is not to have a USD bank account that you drain and reaches 0 when you die. The goal is to have enough assets to generate sufficient yearly income indefinitely. That is independent of age.
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Lightning ALREADY does milli-sats. I agree a fork is likely, but even if Bitcoin never did add further digits past the dot, lightning will have evolved to the point that channel management is so automatic that a closing channel would clear the millisats to somewhere else, like another channel, before closing.
If channel management was free and automatic, yeah, that would be a game-changer. Definitely doable.
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In "real" world, yes, my point was that VR worlds usage might be in other tokens, as they are 'native' for particular worlds, as MANA is for Decentraland. It is a 'currency' of that particular world. I think that large % of commerce might at some point occur in the VR "worlds", but i could be wrong about that, of course.
Oh, yeah, I can definitely see that happening. Bitcoin L2s like Stacks can support native tokens with their own monetary policy.
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Bitcoin would likely be for more affluent enjoying the "reality" in their enclaves/citadels, and the majority would live using doge, shib, mana (or name some other s-coin example) in the virtual worlds (apart from the time spent on dreadful "work" in Amazon warehouses, Walmart, etc.)
Bitcoin is quite usable for casual commerce at $1m/coin with L2 like Lightning. But that will start to have trouble at $100m/coin. But Bitcoin can adapt. I foresee a (soft/hard) fork for sub-sat values coming in the near future.
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I wanted to ask my friend about Cuban, since to some extent I think *he* is the lucky one... sold a useless business (broadcast.com) at the height of the dotcom bubble.
Looks like he got about $1b in 1999. If he had invested that in S&P 500, he'd have $5.4b today. His estimated net worth is $4.3b. Marc Cuban's new book, "How to lose $1b."
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Low 60s...
Boring...
Incredible how far we've come
6s were pretty boring, too. Next thing you know, the 600s will be boring.
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Smart contracts? Yes this is a VERY interesting idea. And the lightning network is built on them, for example.
Lightning doesn't do smart contracts. That would be Liquid.
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Pretty sure that will be deemed Ex Post Facto and deemed Unconstitutional if it even makes it to the final bill. You can't have punitive tax policy put into effect after the decision has already been made. The result would be far too destabilizing and I think it will be nullified in the courts.
You would think so, but it could stand. https://www.law.cornell.edu/supct/html/92-1941.ZO.htmlCourt repeatedly has upheld retroactive tax legislation
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Most exchanges will KYC with your name, passport, and a selfie.
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Valkyrie Bitcoin Strategy ETF changed its ticker to $BTFD. Institutions are wising up to how things work now.
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I haven't written much since computer printers got affordable. My handwriting is almost illegible now as I'm out of practice.
You're not the only one. I can barely sign my own signature these days.
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Back in the day there were no calculators so multiplication tables were supposed to be memorized from 1 x 1 up to 12 x 12
a grid that was 12 by 12.
We had classroom contests to complete the worksheet fastest. The speed of my handwriting was the limiting factor in how fast I could complete it.
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Wait for what? You guys - parting with your coins for a fiat loan, instead of market selling and market buying back - constitutes the end of BTC as we know it. Not my cup of tea. That said, I do hope you get them back. This is a test of the emergency fiat system. Keep fiat bank account at a minimum, and if an emergency need arises (car repairs, healthcare, etc.), quick loan provides the necessary cash. Minimum exposure to inflation.
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How did you do it without giving up your keys?
Yup, had to give them up. IMO, the market has matured. We're no longer in the Gox era of amateur custodians, and the rewards of a low-interest loan and/or interest-bearing savings outweigh the risks for *part* of my stash. The bulk stays in cold wallet. DYOR.
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Full disclosure: Took profits @ $61k.
I also pulled the trigger, but instead of selling, I took out a loan using bitcoin as the collateral. I think this is my path going forward.
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