Boris Johnson is paying tax to the US government. Nobody wants the head of a government to pay tax to a foreign nation. boris johnson as prime minister of the united kingdom and donald trump as president of the united states. How did it manage to come to this?
I know this is scary. Boris is a clown. He looks like one, too. But I guess people just like clowns. Political debates could be replaced by farting contests, most people would vote for the loudest guy. |
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It would be difficult to add highway lanes in the city, but it's very doable to increase block size in BTC.
Doable does not imply being easy. I don't think you realize how difficult it is to deploy a successful hard fork. Not many of us were around back then... but the founder of the project actually gave us very clear direction on how we should do it! Exactly. The 1MB isn't graved in stone. This is no constitutional right that shall never change. Satoshi Nakamoto had seen that block size could become a bottleneck at some point. |
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The man's honest to his convictions. Smart guy. I wish every politician was like him. On the other hand Boris Johnson looks like a loser when he said there shall be "no haste". Sorry, but a good divorce is a fast one.
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The losers won. I wish them to be happy in their small, foggy and rainy island. Every nice British guy I've ever met made the only good decision available: to leave Britain. I guess that soon, there will be only faggots and drunkards in the UK. Or has it happened, already?
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There is also the issue of peak usage, as transaction volume will ebb and flow naturally throughout the day, so if blocks tend to be (nearly) full on average, then performance during peak usage times will be degraded. Just because traffic is flowing at the speed limit at 2 PM on a Saturday on a highway, does not mean that the highway has sufficient capacity to handle the amount of traffic it has to handle at 4:30 PM during the week!
Comparison is valid, though the spread between minimum and maximum traffic is smaller with BTC. Or it's getting close to the 405 in Los Angeles which suffers from very heavy traffic at least 8 hours each day. It would be difficult to add highway lanes in the city, but it's very doable to increase block size in BTC. |
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Everything's between the € and the £. BTC is in another game, and it's way too small. The sheer amount of £ which has been exchanged today is much larger than BTC's market capitalization.
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When Cameron leaves, Boris Johnson will probably succeed him but there's a problem. The man has 2 passports. One from the UK and another from the US. I can't imagine someone being head of government while carrying a foreign passport and paying tax to another country.
I've always dreamed of getting another passport, but when you're in politics, one must show full loyalty to the country.
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Are they hidden?
As an individual, I don't give a damn about satellite positioning. But I guess that to those very few people to whom this question matters, it isn't that difficult to locate all the satellites with telescopes. It's a bit more difficult with stationary satellites as you'd need telescopes all over the planet, but they are telescopes all over the planet.
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I dont think full blocks is a problem, what worries me more is increasing fees. When transaction cost was around 10 cents I did not cared much, but I sometimes see recommended fee about 120 satoshi / byte which mean cost of transaction about half of 1 USD already.
With these and possible future higher fees it doesnt make much sence to using Bitcoin as a pay option, it is becoming too expensive for me. So hopefully the planned scaling keeps the fees lower, preferably up to 25 cents, so Bitcoin still has some utility. If it become uneconomical to pay with Bitcoin because of very high fees, then Im not sure what to do with Bitcoin - speculating and just selling at exchanges is against what I believe what Bitcoin should be used for - and I have no use for transfering huge sums around the globe myselves where the few dollar fees dont matter so much.
Fees are still lower then banks but they're definitely not suited for microtransaction operations which sorta sucks Im not sure what you mean microtransaction operations, but many items are priced between 5 and 20 USD, and it becoming uneconomical to use Bitcoin to pay for such items. If even the fees go higher in future, I dont see much utility to use Bitcoin for purchasing goods online - too costly option. So we might be back where Bitcoin started, no online shop accepting Bitcoin anymore - pretty big step back. In Europe, we have SEPA. To Americans who don't know what it is, it enables most people with a good bank account to make free bank transfers to 44 different countries. I'm enjoying this system so much, I'm making more bank transfers than BTC transactions. Nothing beats free! The only superiority with BTC is speed. 20 minutes versus 24/48 hours. If BTC's fees rise, BTC will suffer. No! The average bitcoiner certainly knows that blocks are 95% full, and we wonder with much apprehension what will happen next, when blocks are 99% full (100% cannot be achieved) but Core developers, it seems, are less informed. They haven't implemented a solution yet, so it's getting likely that BTC will... Stop growing. I don't know how many people use BTC today, but there won't be a single new user in a year from now. If a new user wants to join the BTC party, an old user will need to leave the party. If one user wants to make more transactions, another user will need to reduce his number of transactions. Sorry, no vacancy.
Nonsense. Stop posting FUD. This is not how adoption works. Just because at times there seems to be a lack of space (regardless of the cause), that does not mean that the current limit can not support more users. There will always be a time where existing users create less TX's, at which there is room for other people to transact (more). You can't know where the adoption is at either. One user could easily be making thousands of TX's a day just to use up the space within the blocks. Transaction volume does not necessarily have to imply increased user adoption. Don't you want more users? I wish millions would use BTC daily, if only the network could handle them. I only have a few BTC, but the amount I have has been steadily growing, and my monthly average number of transactions has been increasing too. I believe that's the case for most users, and that's also the goal. Don't we all want BTC to be used more and more often by more and more people? Unfortunately, a fixed block size limits all kind of growth. |
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Only English-speaking countries...
Their expansion is good but I'm waiting for their expansion in continental Europe. They could, they should have opportunities in Switzerland.
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most people already aware that block almost full
No! The average bitcoiner certainly knows that blocks are 95% full, and we wonder with much apprehension what will happen next, when blocks are 99% full (100% cannot be achieved) but Core developers, it seems, are less informed. They haven't implemented a solution yet, so it's getting likely that BTC will... Stop growing. I don't know how many people use BTC today, but there won't be a single new user in a year from now. If a new user wants to join the BTC party, an old user will need to leave the party. If one user wants to make more transactions, another user will need to reduce his number of transactions. Sorry, no vacancy. |
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so you want to be the middleman taking his cut when 2 people are doing business unrelated to you? Just like the mafia, right? Most governments also operate this way, their agents are called tax men. They bring in a lot of money.
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The coins grant you the rights to receive dividend but not voting rights.
So it could like the shares of a start-up, except that they won't publicly traded, nor available on a stock exchange, which would make them difficult to sell if an early investor changes his mind. |
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That makes sense. The whole world knows that Israel wants more land, and seizing a part of Syria is something it has already tried to do. We'll have to see if Israel supports the idea of a free Kurdistan. That would involve breaking up Syria, which would give the opportunity to redraw all borders.
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OK, still no conclusive evidence but it's clear M. Wright is not your average scammer. He's hugely familiar with everything BTC. If he's not Satoshi, he has spent months learning about it, so much that he convince plenty others that he's the man.
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when the average will be so high that you need to pay always higher fee, to get in the priority list, it would kill the whole "bitcoin is cheaper than fiat" thing
I'm very much afraid of this. Not that I would mind paying some higher fees, I'm more worried about the share of BTC economy made of small transactions. I don't want, nobody wants BTC to evolve into a rich guys club only exchanging large sums and who don't mind paying substantial fees. Lightning Network is being designed to handle all of these small transactions, instantly, and with very small fees paid to LN Hub operators. Bitcoin is about the status quo, it doesn't really matter what you want, the status quo simply is, and that means small value transactions are priced out first as they can't fit. If you are just too impatient to wait for LN and the soft forks to Bitcoin it requires... may I suggest Litecoin? or Dogecoin? perhaps Monero? I don't support micro-transactions. I think I've never done a single transaction which was worth less than $10. But there's a risk because of competition. What if some altcoin could perform faster and cheaper transactions than BTC? This is a market economy. BTC rules as of today, but many people, including myself, are looking at altcoins. Core developers should always have in mind that if BTC has a hiccup, there will be many altcoins ready, and willing to beat it. |
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when the average will be so high that you need to pay always higher fee, to get in the priority list, it would kill the whole "bitcoin is cheaper than fiat" thing
I'm very much afraid of this. Not that I would mind paying some higher fees, I'm more worried about the share of BTC economy made of small transactions. I don't want, nobody wants BTC to evolve into a rich guys club only exchanging large sums and who don't mind paying substantial fees. |
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Hey, please!
This discussion shall not be about transaction fees. I just gave an example. The MAJOR issue we should be talking about is that blocks are 95% full. To deny this problem is like walking on the edge of a cliff and saying that everything's all right.
Could we please imagine what would happen if next week, there's 5% more transactions than there were on the 15th of June. What do we do when blocks are full?
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Maybe I was in school too long ago, but I remember being taught about the Bosphorus strait, with Europe on the left, and Asia on the right. Well, I've just checked the news and I read an article about Formula 1 racing. The European Grand Prix is tomorrow and that will be in Baku. In Azerbaijan. That's in Asia to my eyes.
Yeah, well, Australian participated in the Eurovision and it's on the other side of the planet. I think they are flexible about sports and contests!  Yeah they are flexible for advertising money and commissions. And every organization and people who funds them. Any nation can buy an European identity now. Just like people. Yes, it's all about money. Azerbaijan has paid the F1 organizers (all British, what an irony!) to make an European grand prix and they happily accepted the money. I understand that the divide between Europe and Asia is artificial. I'm actually in a good position to know that all borders are man-made, but it's also cultural. I've been to Turkey only once, and part most of Istanbul is quite all right, but if you drive a bit further into the country, it's obvious you're not in Europe anymore. The people, the houses, everything is different from what I'm used to see in Europe. |
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