Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Dabs]

Preserving our (your) multi-generational wealth is a gargantuan task.

I dont know.  I mean, I dont know why you would want to preserve it, or have it in the first place.  If humanity is to evolve, we will have to let go of those primitive tribal instincts that hold us back.  It is a futile attempt anyway as I dont really know anyone who still has generational wealth from the roman empire.  Could be wrong on that, but the point still stands.
edit:  Better to build things that will benefit all of humanity for all its duration

Ideally, we'd like to give something to our heirs when we go. Some tribes have something about 7 generations in the future, but that deals particularly with how they treat their living space or homes or farms or forest or whatever.

Today, in the modern world, we see a few generations of family wealth. It is simple if everyone were to grow up and work and make their own money, then they can add on whatever their parents had, and make it grow to make more money. The issue usually is with the 3rd generation, they become spoiled or lose the money in all sorts of stupid or unimaginable ways. If they simply did not touch it, it would still be there, less inflation, but with the growth of whatever long term investments they had, although it can take years for some other countries.

I know what to tell my kids, and maybe my grandkids, and how they should handle our wealth (including their wealth). I just don't know if they will all actually do it. It works best from a poor generation to the next one, because usually the next one experiences a little hardship and work for a living. Their inheritance is just extra on top. It's the generations after that ...

[eXPHorizon]

Correct. Wealth passes and only the Memories remain how they Got that Wealth which breeds hate and sets up the family with Wealth for a certain demise.

One way or the other.

What truly remains and is Loved through history by all is Love and Love for Humanity.

That either by inventions or a deed that flips the world for the better.

[eXPHorizon]

I swear I predicted that either JJG Will comment or Nutildah

They are two Peas in a pod 😂

[cAPSLOCK]

The only way to make this clown-train stay on the tracks is to centralize it further.  Much further.

When are the masses going to finally realize that this causes it to lose ALL the advantages of Bitcoin, AND take on some serious negative aspects? And that running it on a blockchain is actually stupid when you should just run it on a SQL database that the people who control it... well... control?

[img width =100]https://i.imgur.com/c32Wpec.png[/img]

https://twitter.com/BobMcElrath/status/1431263073227132929

This shit stain needs to die in a bonfire of its own making. Why its vulnerability that was known for over a year wasn't exploited is beyond me. If I was a Bitcoin Maxi with an original coin hoard I would have funded to take that crap down years ago.

The longer it exists the worse it is for bitcoin, as when it inevitable either changes to a centralized hosted database or fragments under its own weight the backlash from all the tards will be on Cryptography as a whole. We all know the bankers will fud that to the end of the earth stating it is a flaw in the entire decentralized model when its nothing more than shit coding and putting a scam ahead of sound principles. Its a sad fact that the longer it exists the more legitimate in the plebs eyes it is becoming.

I don't think it goes away.  There is too much invested in it.  Money, code, hype.  And it can keep failing over and over and people will just excuse it because that is what we have done with centralized money for centuries.  We are comfortable with it's sorts of failures.  And too many people are either blinded by the contraptions you can build with it, or see it as some way to make money out of nothing (just about the ENTIRE DeFi space).

The only hope, as I see it, is for the work being done on that chain (and all the clones) will be field tested there in that sandbox, and the few things that actually have value will be brought over to run on side/drive/xxx-chains atop Bitcoin.

We are both Monero believers, and I am actually GLAD to see the somewhat centralized Liquid side chain adopt confidential transactions.  This is a step in the right direction.

I also own a B-JDE token on liquid (this will buy me a mythical Jade h/w wallet when they ever exist).

I have a very bad taste in my mouth for token issued atop something else, so part of my feels like what blockstream is doing is recreating Ethereum.  Yet, if they are successful then what they are ACTUALLY doing is recreating it the RIGHT WAY ... a way that the base layer is not touched by all the nonsense.  It can just be MONEY like it is supposed to be, and as a side bonus allow for rooting other chains like the LIQUID chain...

[Toxic2040]

[ChartBuddy]

Explanation

[ImThour]

Just American things


https://news.bitcoin.com/survey-shows-3-in-10-americans-share-crypto-wallet-passwords-with-others/

[Hueristic]

Just American things


https://news.bitcoin.com/survey-shows-3-in-10-americans-share-crypto-wallet-passwords-with-others/

[Paashaas]

https://twitter.com/BitcoinMagazine/status/1431256299086487555

[eXPHorizon]

Just American things


https://news.bitcoin.com/survey-shows-3-in-10-americans-share-crypto-wallet-passwords-with-others/

This is what you do not understand.

Most communities are doing their best to create a Comunity they can trust.

[Toxic2040]

Just American things


https://news.bitcoin.com/survey-shows-3-in-10-americans-share-crypto-wallet-passwords-with-others/

+1 WOsMerit



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https://twitter.com/BitcoinMagazine/status/1431256299086487555

+1 WOsMerit

[El duderino_]

[ChartBuddy]

Explanation

[El duderino_]

https://twitter.com/CryptoCobain/status/1431224151067566084?s=20

Haha made me laugh
 

[El duderino_]

[gembitz]

49k ! woot////weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

[OutOfMemory]

nice one. didn't expect it this early, but hey, that's BTC
#hodlerlife

[ChartBuddy]

Explanation

[Toxic2040]

+1 WOsMerit



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dyor
1h


4h

stronghands

[sirazimuth]

Thanx dude! They never get old

(and neither does my Friday evening brew after work... Sam Adams Cherry Wheat this week...lovely...<burp>)