Venezuela just tried to withdraw $1.2 billion of their own gold out of the Bank of England.
They were denied this request by the bank.
If you don’t think uncensorable, unseizable money is going to become the standard, you’re absolutely nuts.
Long Bitcoin, Short the Bankers!
Taproot would expand on Bitcoin’s smart contract flexibility, while offering more #privacy in doing so.
#bitcoin#taproot#smartcontracts
https://t.co/J1THYVeM1X
Tutorial: Integrate your WooCommerce shop into BTCPay Crowdfunding app. Offer digital and physical products to your backers with ease. https://t.co/b47U4KNLD4
BTCPay Server (@BtcpayServer) is is a free, open source, #crypto payment processor. If you'd like to learn more about it join us at our next workshop on Feb 6th with @r0ckstardev.
https://t.co/T55uo1AVoC
Do your part to help bring these numbers lower by installing uBlock Origin.
Chrome: https://t.co/bTQpgXnEG7
Firefox: https://t.co/M4b8jvlJYs
Also avoid clicking on any "news" links at all. There are better ways to spend your time than reading billionaires' fanfic blogs.
Each one of us is a very, very delightfully complex undulation of the energy of the whole universe. Only, by process of miseducation we’ve been deprived of the knowledge of that fact—not as if there was someone to blame for this because it’s always with our own tacit consent.
#Bitcoin will eventually become impossible to track and fully anonymous. Coinjoin and LN already make it very difficult to identify the source. Give it time. We will all stop talking about fungibilty same way we stopped talking about the block size. 🍻
Consider a parallel universe, where the government was in charge of all food production and delivery. Food would be considered an Essential Service, and pundits would be horrified at the thought of "privatizing meals."
C and UNIX were very good for 1970s setting: when you share a wardrobe-shaped text-UI computer connected to 3 others in the same bldg and you do science stuff.
Today you run random code written by random people on the same computer where you store ALL your personal life.
KYC is a gaping security hole.
It makes us less safe than we would be if we were simply allowed to conduct commerce without the eye of Sauron watching us.
The collection of personal data on the servers of companies creates massive honeypots for hackers. We need to do better.
November 2011 a lot of people felt rekt as BTC approached $2, six months after touching $30.
Same in January 2015, with BTC hovering just above $200 after being above $1100 a year earlier.
They have all been redeemed and rewarded.
If they held.
#hodl
I’ll get interested in “security tokens” once the massive BTC/LN buildout is largely complete. There is so much work to be done for money and payments with BTC/LN that at this point “security tokens” are a completely unnecessary distraction.