jojo69
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Activity: 3150
Merit: 4309
diamond-handed zealot
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October 20, 2021, 04:46:58 AM Last edit: October 20, 2021, 05:00:48 AM by jojo69 Merited by JayJuanGee (1) |
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https://nationalaffairs.com/publications/detail/bitcoin-and-the-us-fiscal-reckoningIn the absence of major entitlement reform, well-intentioned efforts to make Treasury bonds great again are likely doomed. Instead of restricting bitcoin in a desperate attempt to forestall the inevitable, federal policymakers would do well to embrace the role of bitcoin as a geopolitically neutral reserve asset; work to ensure that the United States continues to lead the world in accumulating bitcoin-based wealth, jobs, and innovations; and ensure that Americans can continue to use bitcoin to protect themselves against government-driven inflation.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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JayJuanGee
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Activity: 3696
Merit: 10153
Self-Custody is a right. Say no to"Non-custodial"
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October 20, 2021, 04:50:51 AM Last edit: October 20, 2021, 05:17:04 AM by JayJuanGee |
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If you were in a victim perspective regarding the situation, then I was about to launch the classical (oldie but a goodie) "they took our jobs" meme upon you.. and maybe substitute:
I consider that I learned a very important lesson about effort vs reward. Being the analytical type, I didn't take it personally but integrated it into my worldview. Fair enough.. learn from situations and from other people to the extent possible.
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 20, 2021, 05:01:23 AM |
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BobLawblaw
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Activity: 1822
Merit: 5551
Neighborhood Shenanigans Dispenser
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October 20, 2021, 05:24:53 AM |
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Bob, are you sure you are doing 2K a month? based on your routing fees, you need to be routing over $1M a month to be making $2k a month.... You may want to double check your accounts. BTW, is LOOP your most active channel?
You may very well be correct that I have miscounted something somewhere. LOOP is not my most active channel, but it's up there. I don't mean to post intentionally erroneous information - It is very possible I've fucked up my calculations somewhere. I'm looking at it from the perspective of adding up all the numbers, minus what it cost to open all the channels and rebalance things, to where I am today, and the node is a few hundred sats away from breaking even. On further consideration, I don't believe it's fair to state I've spent $2k on opening and rebalancing channels, either. Frustrating, to say the least, that I cannot properly figure this out, and quite very possibly miscalculated the theoretical profit. Again, kinda upset you bastards brought be back to running Lightning, but think I'm having a much better go of it this time around... in theory.
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JayJuanGee
Legendary
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Activity: 3696
Merit: 10153
Self-Custody is a right. Say no to"Non-custodial"
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October 20, 2021, 05:32:44 AM |
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Bob, are you sure you are doing 2K a month? based on your routing fees, you need to be routing over $1M a month to be making $2k a month.... You may want to double check your accounts. BTW, is LOOP your most active channel?
You may very well be correct that I have miscounted something somewhere. LOOP is not my most active channel, but it's up there. I don't mean to post intentionally erroneous information - It is very possible I've fucked up my calculations somewhere. I'm looking at it from the perspective of adding up all the numbers, minus what it cost to open all the channels and rebalance things, to where I am today, and the node is a few hundred sats away from breaking even. On further consideration, I don't believe it's fair to state I've spent $2k on opening and rebalancing channels, either. Frustrating, to say the least, that I cannot properly figure this out, and quite very possibly miscalculated the theoretical profit. Again, kinda upset you bastards brought be back to running Lightning, but think I'm having a much better go of it this time around... in theory. I am glad that you can be of service, rather than merely whining and throwing temper tantrums... that is a breath of fresh air.. #nohomo.. hahahahaha
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shahzadafzal
Copper Member
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Activity: 1526
Merit: 2890
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October 20, 2021, 05:35:29 AM |
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Dominance: BTC: 47.6%
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ChartBuddy
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Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 20, 2021, 06:01:33 AM |
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JayJuanGee
Legendary
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Activity: 3696
Merit: 10153
Self-Custody is a right. Say no to"Non-custodial"
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October 20, 2021, 06:05:08 AM |
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Dominance: BTC: 47.6%
Significance?
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shahzadafzal
Copper Member
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Activity: 1526
Merit: 2890
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October 20, 2021, 06:20:12 AM |
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Dominance: BTC: 47.6%
Significance? Less noise!
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marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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October 20, 2021, 06:21:17 AM |
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... ok, Let's go Brandon!!! ATH
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El duderino_
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Activity: 2492
Merit: 11999
BTC + Crossfit, living life.
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October 20, 2021, 06:49:21 AM |
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... ok, Let's go Brandon!!! ATH
Indeed Give it to us
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shahzadafzal
Copper Member
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Activity: 1526
Merit: 2890
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October 20, 2021, 06:52:27 AM |
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As we approach ATH... be more vigilant!!!
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 20, 2021, 07:01:23 AM |
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 20, 2021, 08:01:23 AM |
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Cryptotourist
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October 20, 2021, 08:25:42 AM |
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So, we’re jerking off around the new EUR ATH, but it’s not official around these parts, until that buddy catches up another thousand bucks. Maybe we also need philipma to sell a piece or something. I noticed Raja showed up. Who’s next, Majormax perhaps? r0ach even? <— that would be a thrill. Go BTC, go!
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El duderino_
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Activity: 2492
Merit: 11999
BTC + Crossfit, living life.
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October 20, 2021, 08:27:46 AM Merited by friends1980 (1) |
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El duderino_
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Activity: 2492
Merit: 11999
BTC + Crossfit, living life.
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October 20, 2021, 08:30:10 AM |
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Cryptotourist
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October 20, 2021, 08:42:34 AM |
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Bitstamp under maintenance, yo!
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somac.
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Never selling
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October 20, 2021, 08:42:55 AM Merited by vapourminer (2) |
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Since I probably won't be online when we hit 65k I'm posting this now. Not many of these computers exist only prototypes.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 20, 2021, 09:01:32 AM |
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