tossl568 · HackerTrans

tossl568

no profile record

comments

3 anni fadiscuss

No it isn't. It has two use cases, a stablecoin platform and a platform for token scams. It's losing market share all the time to other rubbish like Solana. Why would anyone in their right mind hold chuck-e-cheese arcade token Ethereum as actual money. Hint: they won't.

3 anni fadiscuss

You think they're going to approve an ETF for a premined unregistered security scam? Ethereum is to Bitcoin as dogshit is to gold.

3 anni fadiscuss

"How do I ensure I don't make any money from a flood of money pouring into an absolutely scarce digital asset"

I'm sure your performative nocoinering will feel really good in a year when you're wrong yet again.

3 anni fadiscuss

You think that all the Bitcoin believers who buy relentlessly each week without question will suddenlly stop if they can now get 3x as much BTC for their fiat? Oh my sweet summer child...

3 anni fadiscuss

It can be if you want it to be https://graduallythensuddenly.xyz/pay-me-in-bitcoin-theory/

3 anni fadiscuss

>Good, I hope they dump it suddenly and without warning.

Aww do you? :'(

A record amount of BTC not moved on chain for the long term has reached all time highs, "wash trading" or not, that can't be faked, it's being held as it's primary value proposition, a store of value.

I can't believe the Tether FUD is still widespread after all these years, all completely unproven and wrong time and time again.

If the USG stopped to think for just a second maybe they'd ask themselves why they'd sell absolute digital scarcity for something they can just print out of thin air for themselves.

3 anni fadiscuss

I'm not talking about "crypto", I'm talking about Bitcoin. Bitcoin is not free to send or trade. The vast majority of Bitcoin is held by long term holders and hasn't moved on chain in years. Saving in hard money is the primary use case. Hashing secures those Bitcon from being reversed out of your wallet right back to the very first block.

3 anni fadiscuss

No it isn't.

3 anni fadiscuss

The market cap of Bitcoin is hundreds of billions, and estimates put the number of people owning Bitcoin in the hundreds of millions. You can find the data yourself.

3 anni fadiscuss

Yeah, and by doing so they got rid of 99.99% of their security and censorship resistance. PoS is Fiat 2.0. It's not worth mentioning in the same breath as Bitcoin, not that it ever was.

3 anni fadiscuss

[flagged]

3 anni fadiscuss

Cool. Buying more Bitcoin.

3 anni fadiscuss

You've said a lot without making any real points there.

How does allowing people to send small tipping amounts of Bitcoin for fun from their hot wallet mean "bad actors ruining things for the rest of us"?

>Do you seriously believe, that if Bitcoin becomes the global currency, that crime won't skyrocket due to people getting robbed relentlessly? You just need the PK dawg, and it's very easy to tell if you were told the truth - access to the wallet opens up.

And if people have geographically distributed multi-sig cold storage for the bulk of their wealth? Will they be getting "robbed relentlessly"? If you follow best practice and take self custody seriously you'll be fine so no I don't seriously believe people would be robbed relentlessly.

So I'll ask you too, what's your problem with other people sending small amounts of money P2P in a fun way to each other in a currency they prefer? Just don't use it if you don't like it.

>Bitcoiners have a sad, yet fascinating trend to talk about nothing but Bitcoin. Take a look at your comment history.

Again, what's your point? I'm stirred to reply to fiat brained financial authoritarianism, that's what I find weird and sad.

3 anni fadiscuss

Anything else you want banned just because you don't like it authoritarian? If you don't like it just don't use it. You're financially privileged, just stick to your transactions your bank let you do and let other people do what they want.

3 anni fadiscuss

Why does sending Bitcoin peer to peer within an app offend you so much? Are there any other areas where you are this authoritarian?

3 anni fadiscuss

Except he compares Bitcoin's irreversable final settlement transactions per seconds metric to Visa's tps which is more akin to the lightning network. Apples to Oranges.

3 anni fadiscuss

Yep, Stephen Diehl is not somebody to be taken seriously

4 anni fadiscuss

Bitcoin has grown to the size it has by people voluntarily opting in. And it continues to grow. What you desribe is happening.

4 anni fadiscuss

Yes it is. And yes it will.

4 anni fadiscuss

PoW is the only way to secure a decentralised ledger. It's literally the magic that makes it valuable as money. Thank God it'll never move away from Proof-of-Work.