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Ali

@V4Tech_

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Sound money advocate⚡ | Austrian Economics 🧠 | All posts are my opinion and not financial advice!

Canada
Joined August 2014
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@V4Tech_
Ali
8 hours
Here’s the brutal reality! . $BTC has an undeniable network effect. I myself am heavily allocated to $BTC along with a tiny allocation to $KAS. It all comes down to global demand for a certain solution. Objectively $KAS is a better version of $BTC because it can scale on L1.
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@V4Tech_
Ali
1 day
Assume for a minute the world is now on a $BTC standard. How does everyone settle their txs? . Excluding the largest institutions, everyone will be transacting off-chain because there isn’t enough room on L1. The way LN works is you need to open and preload channels between.
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@V4Tech_
Ali
1 day
Another barrier stopping $BTC maxis looking into $KAS is the fact that it solves the blockchain trillema. They think it’s too good to be true. I understand the idea that there must be a tradeoff somewhere because that’s how bitcoin needed to evolve (block size war is a good.
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@V4Tech_
Ali
2 days
RT @realvijayk: $KAS 1-second block times mean an attacker must not only control >50% of the hashrate but also maintain that lead consisten….
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@V4Tech_
Ali
3 days
$BTC's growing network effect will most likely solidify it in the coming years. Given all the state and institutional attention it's getting, the only way from here is up. The world needs a censorship resistant SoV. $KAS imo can increase $BTC adoption and easily be used in.
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@V4Tech_
Ali
3 days
Anyone out there mining both $KAS and $BTC?. Let me know about your experiences with both in the replies. What're the major differences? The costs? Rewards? . Anything that sticks out which you think gives one the edge over the other!.
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@V4Tech_
Ali
4 days
$KAS using its kHeavyHash to optimize for hardware using parallel processing levels the playing field in mining. Obviously those who put in more hash power will win more blocks but parallel blocks make it much likelier for a small miner to win a block. No energy is wasted. No.
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@V4Tech_
Ali
6 days
$KAS and $BTC economies can coexist. Market forces will determine their respective values. Both are great monetary technologies. $KAS technologically has the edge in my opinion as P2P electronic cash. It’s easier for the average person to transact with. This is a crucial.
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@V4Tech_
Ali
6 days
I understand $BTC maxis are sceptical of $KAS. I was too. It’s hard to explore something again after putting in so many hours understanding something else. Staying curious and constantly learning new things is difficult but necessary. I encourage all my fellow $BTC maxis to.
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@V4Tech_
Ali
6 days
$KAS has everything $BTC has AND more!. - Fixed supply ��� .- Predictable inflation rate ✅.- Fair launch ✅.- Powered by POW ✅.- Nodes enforcing predefined consensus parameters ✅.- Dynamic difficulty adjustment ✅. Except that $KAS can scale to become a global settlement.
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@V4Tech_
Ali
10 days
Holding Bitcoin IOUs = trusting a bank vault you can’t see. They can:. 🔒 Freeze your Bitcoin. 💸 Lose it like FTX did among many others. 📜 Change ownership terms anytime. Real Bitcoin?. - Its keys live in YOUR wallet. - No permission needed. - No middlemen to fail. Paper ₿.
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@V4Tech_
Ali
10 days
Your money in the bank is quietly stolen by inflation. But #Bitcoin :. 🔒 Can’t be printed endlessly. 📈 Grows scarcer every 2016 blocks (~4 years). 🚀 Pays you just for holding. Stop renting your wealth from banks. Own sound money!.
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@V4Tech_
Ali
11 days
You work 8 hrs/day to earn in $$. That means you’re storing your efforts in $$ but prices keep going up and you keep playing catch up. Not only can you buy less but your efforts are also being drained. Is it fair? NO. Start storing your efforts in a place where they cannot be.
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@V4Tech_
Ali
11 days
If you’re not running your own node, you’re using someone else’s to verify your BTC balances and transactions. Is it absolutely necessary to run one? Not exactly but definitely something to work towards!.
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@V4Tech_
Ali
11 days
RT @COLDCARDwallet: 🚨 GIVEAWAY TIME 🚨. Not your keys? Not your Bitcoin. Let’s fix that! 🧡. We’re giving away a COLDCARD Q so you can level….
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@V4Tech_
Ali
12 days
Try and stay away from using leverage to buy bitcoin. I understand the temptation but you need to remove economic power away from the legacy system. Taking on leverage fuels it further and you're always running the risk of forcefully selling your bitcoin.
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@V4Tech_
Ali
13 days
RT @BitcoinRachy: New people think that their Bitcoin is literally stored in their cold storage device. No, it’s stored on the blockchain….
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@V4Tech_
Ali
13 days
What do you think is Bitcoin’s greatest strength and why?. Feel free to add something I missed here!.
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