• Breaking News

    Saturday, August 24, 2019

    Home Unlabelled BTC "The Lightning Network is economically nonsensical. Keeping $5m locked up online in hot keys, subject to a potential hack, only to earn $20 per month, is not a good risk-reward trade-off."

    BTC "The Lightning Network is economically nonsensical. Keeping $5m locked up online in hot keys, subject to a potential hack, only to earn $20 per month, is not a good risk-reward trade-off."

    August 24, 2019

    BTC "The Lightning Network is economically nonsensical. Keeping $5m locked up online in hot keys, subject to a potential hack, only to earn $20 per month, is not a good risk-reward trade-off."

    "The Lightning Network is economically nonsensical. Keeping $5m locked up online in hot keys, subject to a potential hack, only to earn $20 per month, is not a good risk-reward trade-off."

    Posted: 23 Aug 2019 04:32 PM PDT

    Brainwashing Complete ... ����

    Posted: 23 Aug 2019 11:53 AM PDT

    Brave browser dev on Twitter: “Brave Rewards (previously 'Payments') was launched on Bitcoin. We had to switch to the ETH blockchain due to network and fee issues. Our users aren't HODLers who buy in large amounts, so the fee and congestion issues facing BTC were unbearable.”

    Posted: 23 Aug 2019 04:47 PM PDT

    "officially Bitcoin only"

    Posted: 23 Aug 2019 08:22 PM PDT

    "Let me issue and control a nation's money and I care not who writes the laws." + some other great quotes to makes us remember what we're up against.

    Posted: 24 Aug 2019 01:07 AM PDT

    "History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance." — James Madison

    "Let me issue and control a nation's money and I care not who writes the laws." — Mayer Amschel Rothschild

    "All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation." — John Adams

    "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." — Henry Ford

    "A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank." — Ron Paul

    "Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States." — Sen. Barry Goldwater

    "The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe." — Abraham Lincoln

    "Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves." — Andrew Jackson

    "Whoever controls the volume of money in any country is absolute master of all industry and commerce." — James A. Garfield, President of the United States

    "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." — Thomas Jefferson

    Are you starting to get the picture?

    The Federal Reserve is at the center of a controversy over central banking that has been around since the very beginning of the United States. But unfortunately, the Federal Reserve system is so incredibly complex and the American people of today are so uneducated that the vast majority of people out there simply do not even understand enough about what is going on to get upset about anything.

    https://www.youtube.com/watch?v=U5IyUFqUN88&t=1s

    Thanks to u/sirbonce for these great quotes

    submitted by /u/SwedishSalsa
    [link] [comments]

    World needs to end risky reliance on U.S. dollar - BoE's Carney

    Posted: 23 Aug 2019 11:08 PM PDT

    Cash Fusion (mini) simulator

    Posted: 23 Aug 2019 08:03 PM PDT

    Here is some code Mark Lundeberg had previously composed while researching the combinatoric effects of mixing large numbers of inputs and outputs.

    It's very counterintuitive (at least it was to me), but a surprisingly large number of combinations arirses that give the same exact sums of inputs when you start increasing the numbers.

    For example, here we are using only 3 players with 6 inputs each (and one output each), and using the random seed in Mark's example, we get 125 combinations that work! Now just imagine how crazy it will get with 10 players and 10 inputs etc.

    https://gist.github.com/markblundeberg/521f10f4fbbd347636167972e757a10e

    I took the liberty of just formatting this iPython Notebook output into a standalone file so you can copy paste it and run it. (I took out the plotting stuff and it also picks a new random seed on every run):

    https://gist.github.com/fyookball/0b79a56b484063ac25d1ccaf22894dbb

    The code can take anywhere from 1 to 10 minutes to run depending on how fast your system is (VM are slower).

    I also have attached a sample output of my run of this in the comments of the gist, which happened to give 67 combinations.

    submitted by /u/jonald_fyookball
    [link] [comments]

    "One of the loudest $BTC promoters on Twitter turned out to be nothing more than a virtue-signaling parrot with zero first-hand experience in actually running what he preaches. Let that sink in."

    Posted: 23 Aug 2019 03:25 PM PDT

    Doing What You Want With Your Money Is a Fundamental Right

    Posted: 23 Aug 2019 05:21 PM PDT

    Sal the agorist knows what Carl Menger knows, but BTC maximalists don’t.

    Posted: 23 Aug 2019 10:23 AM PDT

    Why you're in Bitcoin is more important than when you're in Bitcoin. If you're a speculator, then you will leave for more profitable coin anytime (nothing wrong with that). But if you're in to change the world, bear markets and price volatility will not faze you one bit.

    Posted: 23 Aug 2019 07:35 AM PDT

    I'm writing the above because I am worried about alienating the newcomers. Charlie Shrem was in Bitcoin earlier than most of us, but he had a questionable personality, so do some other BTC extremists. Being early doesn't mean much nor give one more authority, especially when they are in it for the wrong reasons with the toxic attitude to bear.

    Plus it is important to welcome newcomers especially when they are in it for the right reasons. I would take an ethical newcomer anytime over an old-timer who sold their soul to the devil (eg. Adam Back, Charlie Lee, etc).

    submitted by /u/MobTwo
    [link] [comments]

    SLP Dividend Calculator | Tools | Bitcoin.com

    Posted: 23 Aug 2019 10:01 AM PDT

    Bitcoin Cash is now available on Luno

    Posted: 23 Aug 2019 11:10 AM PDT

    Security, convenience. Pick one.

    Posted: 23 Aug 2019 01:59 PM PDT

    Trump's Secretary of State Urges Crypto Regs, China Miners Flooded, Tether Launches Yuan Peg

    Posted: 23 Aug 2019 05:28 PM PDT

    Green version of the BCH logo

    Posted: 23 Aug 2019 12:39 PM PDT

    I just saw someone post this and agree with the green version of the logo to be used all over the place online. Looks good. Any here like it? https://ibb.co/x5Xt2kW

    submitted by /u/angim
    [link] [comments]

    Libra Members Consider Quitting Project Due To Gov't Pressure: Report

    Posted: 23 Aug 2019 08:41 AM PDT

    Bitcoin Fees: BCH $0.00 - BTC $1.22

    Posted: 23 Aug 2019 06:14 AM PDT

    Is coinspice.io being attacked? Yesterday is was down for a while and it is down again now.

    Posted: 24 Aug 2019 02:32 AM PDT

    r/CryptoPaymentGateways has been formed

    Posted: 23 Aug 2019 03:49 PM PDT

    I formed that subreddit to discuss Crypto Payment Gateway development. Users will be allowed to post code and ask for help or advice. Any programming language and eCommerce platform can be discussed. Subbreddit is not single coin specified, but targeted harassment and trolls are not welcome. Will be beginner friendly and less restrictive then Stack Exchange which closes every basic coding question on their site...

    submitted by /u/CrazyCoder4
    [link] [comments]

    Bitcoin Propagandist WhalePanda Invests in Ethereum Token

    Posted: 23 Aug 2019 11:40 AM PDT

    If you think Bitcoin is valuable for privacy, holding your own keys, avoiding inflation, or permissionless transaction, then you are an anarchist. All of these properties can theoretically exist in the current banking system but are made illegal by government. Bitcoin is anarchy.

    Posted: 23 Aug 2019 07:03 AM PDT

    Seems to apply to us

    Posted: 23 Aug 2019 10:29 AM PDT

    "Innovators and creative geniuses cannot be reared in schools. They are the men who defy what the school has taught them." - Ludwig von Mises

    submitted by /u/MemoryDealers
    [link] [comments]

    How can I make a paper wallet for an SLP token?

    Posted: 23 Aug 2019 09:25 PM PDT
    Read more
    at

    No comments:

    Post a Comment