@GuyTalksFinance@luke_broyles What is it?
It’s a piece of software that is easily accessible, verifiable and executable by anyone
Purpose?
It allows an unlimited amount of people to reach consensus on the state of a global ledger without the need for a middleman
@TheGildedGoo @elonmusk His “money” is an abstraction of his power and influence over assets which could potentially be worth more proportionally AFTER a collapse.
Preserving said influence is the unpredictable part but it’s far from unlikely that he would do pretty good sadly
@kopeboy@handre@Nostre_damus Would also call BS on the “most” claim
Most operations are probably not or only marginally profitable at the moment
Investments in new ASICs and power deals are often forward looking to remain competitive on the hashrate market
Their energy cost may be lower but not zero
@GreggLRivera@btc_understand As a matter of fact, it does not stand to reason that Bitcoin would have no value if the USD was to collapse. The reasoning behind that conclusion is erroneous.
Being priced against a currency doesn’t mean an asset derives its value from that currency.
@btc_privacy Ah ok
Through clearnet, there must be different machines/vms, harder to obfuscate that it’s a single actor
Tor allows it to happen all on the same machine
Something like that?
@btc_privacy I’m not familiar with i2p and CJDNS so I will research those.
But I’m not sure I understand how running my node on the clearnet would protect it from such an attack
Is it for redundancy? Malicious actor wouldn’t be able to match tor id and cnet id?
@jchotz@francispouliot_@FL_steak_man I always thought of it as being "our's" in the sense that Canada keeps out the shit they don't want and the US do the same
Is it the other country's responsibility to enforce his neighbor's border policy?
A Canadian crossing the border goes through the US customs...