Tamas Blummer

Bitcoin Developer since 2012 currently @ rust-bitcoin, former: CLA @ Digital Asset Holdings, VP @ CoinTerra, CEO @ Bits of Proof

[Tamas Blummer @TamasBlummer]

Blythe Masters of Digital Assets announces the aquisition of Bits of Proof

[Tamas Blummer @TamasBlummer]

Happy birthday bitcoin. It has been exciting and enriching working for you for many years.

[O₿iWan @ObiWanKenoBit]

1/A thread of threads.

The decade closes. Over the last 10 years central banks have coordinated the largest transfer of wealth in modern history. The next decade promises deeper social reconstruction lead by CB policies - QE, UBI, MMT, NIRPs, CBDCs, and more.

[Erik Voorhees @ErikVoorhees]

Here’s to 2020 and the next ten years 🎉 May this next decade be the twilight of fiat currency, and may we not forget the importance of what we’re all doing here. It is a special time and we are fortunate to be part of it. #bitcoin

[Tamas Blummer @TamasBlummer]

@Crypto_nonce @Dell I was told to use the magic windows media creation tool by @Dell. And it did the magic. That is I HATE with windows. It does not matter if a stick complies UEFI standard, which I looked up, it has to have some unspecified windows magic to work.

[Tamas Blummer @TamasBlummer]

@nfosec19 @Dell have been switching on/off whatever related in BIOS even tried all USBs (there are 8). It just sucks.

[Tamas Blummer @TamasBlummer]

@100trillionUSD Spot price does not influence the quantity of bitcoin produced, but does its value measured in fiat. Therefore falling spot price dries up the market if viewed from fiat angle. Shallower market leads to higher volatility as it is cheaper to push around.

[Tamas Blummer @TamasBlummer]

@100trillionUSD You spoke about exchanges. Supply there is clearly not just from new production.

[Tamas Blummer @TamasBlummer]

@kanzure @adam3us @peterktodd Complexity of a theft protection scheme raises the probability of accidental loss, due to operational error.

[Giacomo Loathsome Bitcoin Destroyer Zucco @giacomozucco]

The "Know Your Customer" meme is pure monetary ignorance. One of the main reasons for the existence of money-as-MoE is so that businesses can scale *beyond* the need to know their customers. When you "know your customer" you don't need money at all, you can just exchange favours!

[Tamas Blummer @TamasBlummer]

@kanzure @adam3us @peterktodd History tells us that the biggest threat to bitcoin holdings is accidental loss.

[Tamas Blummer @TamasBlummer]

@PeterBofinger @marcfriedrich @faznet Ihr Halbwissen über Bitcoin macht Sie arrogant. Z.B. vereinfachen Sie die pseudo Anonymität die Bitcoin bietet auf eine Nutzung die in der Praxis eher die Ausnahme ist: Die Wiederverwendung der selben Adresse. Sie wollen lehren aber nicht mehr lernen.

[Tamas Blummer @TamasBlummer]

@Cipherhoodlum @100trillionUSD SDNWOTN

[Tamas Blummer @TamasBlummer]

@jillruthcarlson Fresh organic protein topping.

[Tamas Blummer @TamasBlummer]

@CarstenBKK One would think @Medium would credit me for producing content, but nope, they paywall me. I will no longer publish there.

[Tamas Blummer @TamasBlummer]

@GDR001 @dannylmasters

[Tamas Blummer @TamasBlummer]

London banker will soon be at disadvantage accessing the legacy financial system of the EU. They will soon recognize that bitcoin banking is a niche others are disabled to serve, but London can now forge its own regulation and become the bitcoin banking capital of the world.

[Tamas Blummer @TamasBlummer]

Shitcoins fell with bitcoin bit did not fully recover with it.

[Tamas Blummer @TamasBlummer]

@Aella_Girl Many people's life and prosperity depend on industries that are only viable if plants are protected by nation states. They have no skills required by rising virtualized global enterprises which are protected by cryptography instead of guns and borders.

[Tamas Blummer @TamasBlummer]

@CarstenBKK I am not sure they will be popular. Have to download filter history for the time spent offline, I estimate ca. 10 MB/day and not much more secure than using random electrum that requires minimal communication and no time to sync.