I put together this
@Core_LN
cheatsheet for node operators. It's not complete but has some good info for new ops or just as a quick reference doc for reckless veterans.
Elon Musk just dropped a long steaming pile on people who've put their life into defending Bitcoin and probably multiplied our future workload by 100x. Reputation permaburnt. Back stabber.
Stock-to-flow is really not looking good now.
I know it's impolite to gloat and all that, but I think financial models that give people a false sense of certainty and predestination that number-will-go-up are harmful and deserve all the mockery they get.
Banks are going to love ETH. Think about it. PoS means all banks have to do is print more fiat to buy enough ETH to control consensus. It's a built-in critical vulnerability.
#Bitcoin
layer-2 will increasingly make altcoins/appcoins redundant. Most use cases will never touch the base layer, because the base layer is hyper-optimized for security and verifiability.
Wake me up when "web3" is about building out mesh networking infrastructure for the masses and not about premined altcoins that further enrich some dude in Silicon Valley.
KYC is short for "divulging your holdings and personal information to any and all criminals who take interest in the inevitable leak of the database that information is stored in".
You can store BTC in words. This tweet might be a brain wallet. Do you realize how substantial of a concept that is? It's the combination of steganography and cash. It's unstoppable. Banning self-custody is practically insurmountable.
You KNOW the merge is a "sell the news" event when Ethereum devs purposefully left out *withdrawals* AND plan on introducing a limited queue.
Freaking. Hilarious.
So if you sell your
#Bitcoin
not only do you get fiat in return, they threaten you with prison for not giving them some of the fiat you sold the BTC for. Why would anyone ever sell.
The Ethereum Foundation is bankrolled by their premine. Them paying a researcher who is going on podcasts proclaiming Ethereum is Bitcoin is exactly why we consider it a scam.
People FUD'ing the El Salvador president as authoritarian while sitting on their couch stuck in lockdown in California with no running water or electricity.
Received a new message over
@Blockstream
Satellite. It appears to be a treasure hunt for $1,000,000 in
#bitcoin
, with included GPS coordinates for the first part of the hunt! 🤯🛰️🔎🗺️
I think altcoiners hate Lightning because it's a production implementation of smart contracts that enables micropayments. Which are both things they claimed
#Bitcoin
could never do.
* Shills Dogecoin which is merged mined with Litecoin
* Doesn't even realize Bitcoin was the first in space
* FUDs Bitcoin with energy use narrative
* Looking into alts
Maybe Elon isn't as smart as he leads on, guys.
I think the whole "Bukele uses a phone to trade bitcoin" bit is pretty funny. Like is he supposed to have a trading battlestation with 10 monitors connected to his rad gaming PC?
Moment of silence for the people who can't withdraw and dump their ETH because they were duped by figureheads and influencers into putting it into the ETH2 deposit contract.
Hard to believe the Canadian government was freaking out about donating to some peaceful truckers and now we can directly donate Bitcoin to the defense of a nation under attack. What a juxtaposition.
Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT.
BTC - 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
ETH and USDT (ERC-20) - 0x165CD37b4C644C2921454429E7F9358d18A45e14
ICO prospectus: "Build scalable apps on Ethereum."
Mod: "Youre saying the concept of launching something that doesn't scale then rebuilding it as something thats scalable was part of initial the plan."
Lubin: "We knew it wasn't going to be scalable for sure."
Vitalik: *nods*
AOL onboarded millions, potentially billions, of people to using TCP/IP for text based communication.
Those billions of people still use TCP/IP today.
Nothing superseded it.
Everything built on top of it.
TCP/IP is
#Bitcoin
.
AOL is Coinbase.
Can you imagine how ridiculous an Ethereum white paper would be if it was released today.
“I propose rewarding people who hold ETH with more ETH. By the way I am also giving myself and my friends millions of ETH, and you have to give me real money to get any.”
@bittybitbit86
ETH Presale: "A person can buy unlimited Ether with pseudnonyms. We may limit the size of a single purchase to make it easier to disguise. So that no one is scared. If you plan to invest millions, you can give us an email, that makes it easier to create multiple fake identities"