Updates tagged with bitcoin on Jonkman Microblog!
lnxw48a1: US regulator #SEC says its #X / #Twitter account was compromised, announcement of approval for #Bitcoin ETF is premature. https://nu.federati.net/url/293104 [www bloomberg com]
lnxw48a1's status on Tuesday, 09-Jan-2024 22:55:22 EST
US regulator #SEC says its #X / #Twitter account was compromised, announcement of approval for #Bitcoin ETF is premature. https://nu.federati.net/url/293104 [www bloomberg com]
SEC X Account Compromised to Falsely Say Bitcoin ETFs Approved
lnxw48a1: The Iris #Nostr client on #Android now has a "block and mute" function, so I've started using that against the #spambots. Nostr has some great ideas that are way beyond what either #OStatus or #ActivityPub branches of the #Fediverse are doing, but the spam and the fact that there's a really big #Bitcoin "Maxi" faction there are chasing regular people away.
lnxw48a1's status on Saturday, 08-Jul-2023 13:47:16 EDT
The Iris #Nostr client on #Android now has a "block and mute" function, so I've started using that against the #spambots. Nostr has some great ideas that are way beyond what either #OStatus or #ActivityPub branches of the #Fediverse are doing, but the spam and the fact that there's a really big #Bitcoin "Maxi" faction there are chasing regular people away.
lnxw48a1: Jack Dorsey (former #Twitter CEO) was guest on the first episode of "Money Matters". https://www.youtube.com/watch?v=Nzvh4AODtWc Discussed lots of stuff (about 2:45:00 long). I did not watch the whole thing because of its length. I may try to complete it in smaller chunks. #Bitcoin #BTC #Nostr #politics #American_Empire
lnxw48a1's status on Saturday, 08-Jul-2023 00:50:53 EDT
Jack Dorsey (former #Twitter CEO) was guest on the first episode of "Money Matters". https://www.youtube.com/watch?v=Nzvh4AODtWc Discussed lots of stuff (about 2:45:00 long). I did not watch the whole thing because of its length. I may try to complete it in smaller chunks. #Bitcoin #BTC #Nostr #politics #American_Empire
Jack Dorsey discusses the future of Bitcoin, the JFK assassination, Mark Zuckerberg and Elon Musk
lnxw48a1: > ... an identity-free mechanism that empowers distributed communities cannot avoid over-empowering centralized plutocrats pretending to be distributed communities. Vitalik Buterin, _Proof of Stake_, Pt 2, "On Colusion", p. 157 I've been reading this series of essays by the founder of #Ethereum (also formerly involved with #Bitcoin magazine). They're good reading, with lots of theory discussed by someone much more well-read than I. I love the way he quickly dismisses finance as the primary target of #cryptocurrencies and #blockchains, instead conceiving of a virtualized and distributed computer ... and the way he intently focuses on the costs and benefits of distributed networks and governance systems. Note: I still own zero of any cryptocurrencies, despite my belief that minority communities in particular should transact part of their business that way.
lnxw48a1's status on Sunday, 07-May-2023 12:45:27 EDT
> ... an identity-free mechanism that empowers distributed communities cannot avoid over-empowering centralized plutocrats pretending to be distributed communities. Vitalik Buterin, _Proof of Stake_, Pt 2, "On Colusion", p. 157 I've been reading this series of essays by the founder of #Ethereum (also formerly involved with #Bitcoin magazine). They're good reading, with lots of theory discussed by someone much more well-read than I. I love the way he quickly dismisses finance as the primary target of #cryptocurrencies and #blockchains, instead conceiving of a virtualized and distributed computer ... and the way he intently focuses on the costs and benefits of distributed networks and governance systems. Note: I still own zero of any cryptocurrencies, despite my belief that minority communities in particular should transact part of their business that way.
lnxw48a1: Pretty funny to me that now, when it warms up and no one needs a heater, I see ads for "Heatbit Mini", a space heater that also mines #Bitcoin #BTC. A month ago, I would have been interested, just because the house was cold.
lnxw48a1's status on Monday, 24-Apr-2023 22:14:26 EDT
Pretty funny to me that now, when it warms up and no one needs a heater, I see ads for "Heatbit Mini", a space heater that also mines #Bitcoin #BTC. A month ago, I would have been interested, just because the house was cold.
lnxw48a1: Bunch of #Nostr spam about an Optimism Airdrop. Well, first of all, Nostriches seem to be overwhelmingly Bitcoin-only. I'm sure Optimism is not #Bitcoin. Secondly, hopefully, most people realize by now that if someone spams it at you, it is because THEY get the benefits, NOT YOU. That's a thumbs down on "$OP", even without looking at their offer.
lnxw48a1's status on Monday, 10-Apr-2023 14:55:27 EDT
Bunch of #Nostr spam about an Optimism Airdrop. Well, first of all, Nostriches seem to be overwhelmingly Bitcoin-only. I'm sure Optimism is not #Bitcoin. Secondly, hopefully, most people realize by now that if someone spams it at you, it is because THEY get the benefits, NOT YOU. That's a thumbs down on "$OP", even without looking at their offer.
lnxw48a1: Craig Wright, who claims to be the inventor of #Bitcoin, may sue Apple over the Bitcoin whitepaper being embedded in every copy of MacOSX. https://nu.federati.net/url/290101 [appleinsider com] I think #Apple's lawyers would smack him down hard. He's had years to produce proof that he's Satoshi Nakamoto, but has not done so. CW is currently involved with the #BSV (Bitcoin Satoshi's Vision) fork of Bitcoin. I haven't looked at much else about BSV, but that's a good enough reason to prefer #BTC and forks such as #BCH & #BTG.
lnxw48a1's status on Sunday, 09-Apr-2023 21:01:54 EDT
Craig Wright, who claims to be the inventor of #Bitcoin, may sue Apple over the Bitcoin whitepaper being embedded in every copy of MacOSX. https://nu.federati.net/url/290101 [appleinsider com] I think #Apple's lawyers would smack him down hard. He's had years to produce proof that he's Satoshi Nakamoto, but has not done so. CW is currently involved with the #BSV (Bitcoin Satoshi's Vision) fork of Bitcoin. I haven't looked at much else about BSV, but that's a good enough reason to prefer #BTC and forks such as #BCH & #BTG.
Apple accused of copyright violation over Bitcoin whitepaper
lnxw48a1: @geniusmusing To some degree, yes, more users would equal more power used. But that's sort of outside the extreme anti-cryptocurrency realm, where they claim #Bitcoin is #boiling_the_oceans today but have no such criticism for the traditional banking and financial system.
lnxw48a1's status on Wednesday, 05-Apr-2023 16:29:06 EDT
@geniusmusing To some degree, yes, more users would equal more power used. But that's sort of outside the extreme anti-cryptocurrency realm, where they claim #Bitcoin is #boiling_the_oceans today but have no such criticism for the traditional banking and financial system.
lnxw48a1: Why didn't I see this at the time? #NASDAQ: #Bitcoin uses 50% less energy than most estimates, while traditional banking system uses almost 1000X as much https://nu.federati.net/url/290066 [www nasdaq com] #BTC #boil_the_oceans
lnxw48a1's status on Wednesday, 05-Apr-2023 13:15:08 EDT
Why didn't I see this at the time? #NASDAQ: #Bitcoin uses 50% less energy than most estimates, while traditional banking system uses almost 1000X as much https://nu.federati.net/url/290066 [www nasdaq com] #BTC #boil_the_oceans
lnxw48a1: https://www.forbes.com/sites/jasonbrett/2020/06/19/interview-with-bitcoin-and-black-america-author/ [www forbes com] An interview with Isaiah Jackson, author of "Bitcoin and Black America" ... he talks about some of the impact of racism in the financial system and in the laws that underlie it. And he sees #cryptocurrencies, particularly #Bitcoin #BTC as one way to disarm that.
lnxw48a1's status on Tuesday, 20-Dec-2022 13:32:37 EST
https://www.forbes.com/sites/jasonbrett/2020/06/19/interview-with-bitcoin-and-black-america-author/ [www forbes com] An interview with Isaiah Jackson, author of "Bitcoin and Black America" ... he talks about some of the impact of racism in the financial system and in the laws that underlie it. And he sees #cryptocurrencies, particularly #Bitcoin #BTC as one way to disarm that.
Exclusive: New Author Of ‘Bitcoin And Black America’ Talks Black Economics Amid Protests
lnxw48a1: I missed it, but it appears that #OpenBazaar is gone. Their #Twitter account has some details (from early 2021). OB was a fee-free peer-to-peer marketplace. I think it was based on #cryptocurrencies ... at least #Bitcoin #BTC.
lnxw48a1's status on Saturday, 17-Dec-2022 21:36:46 EST
I missed it, but it appears that #OpenBazaar is gone. Their #Twitter account has some details (from early 2021). OB was a fee-free peer-to-peer marketplace. I think it was based on #cryptocurrencies ... at least #Bitcoin #BTC.
lnxw48a1: At one time, #Daddy_A had a small amount of #BTC ( #Bitcoin ), a small amount of #BCH ( Bitcoin Cash https://bitcoincash.org/ ) and an even smaller amount of #BSV ( Bitcoin Satoshi's Vision https://bitcoinsv.com/ ). I should ask him whether he still has any #cryptocurrency. It sounds like BSV had some good ideas, but I think most of those were already in the pipeline before BSV split from BCH. I'm talking about things like increasing the block size, so that more transactions can be processed in each ten minute interval. BSV currently has a market-determined variable block size and BCH has a 32MB block size. The original BTC still uses 1MB ... which causes contention for fewer slots inside the block, and raises both transaction costs and the average wait time for transactions to process. AFAIK, BSV is the only member of the Bitcoin family to give major attention to smart contracts ... including creating a new scripting language ( "sCrypt":{https://scrypt.io/} ) to make them easier. IMO, "smart contracts" make it easier to create non-financial applications for #blockchains and other ledgers. BSV is also tainted by Craig Wright's claim to be Satoshi Nakamoto, the inventor of Bitcoin. https://www.coindesk.com/layer2/2022/10/21/in-craig-wright-verdict-reality-prevails/
lnxw48a1's status on Sunday, 04-Dec-2022 11:35:07 EST
At one time, #Daddy_A had a small amount of #BTC ( #Bitcoin ), a small amount of #BCH ( Bitcoin Cash https://bitcoincash.org/ ) and an even smaller amount of #BSV ( Bitcoin Satoshi's Vision https://bitcoinsv.com/ ). I should ask him whether he still has any #cryptocurrency. It sounds like BSV had some good ideas, but I think most of those were already in the pipeline before BSV split from BCH. I'm talking about things like increasing the block size, so that more transactions can be processed in each ten minute interval. BSV currently has a market-determined variable block size and BCH has a 32MB block size. The original BTC still uses 1MB ... which causes contention for fewer slots inside the block, and raises both transaction costs and the average wait time for transactions to process. AFAIK, BSV is the only member of the Bitcoin family to give major attention to smart contracts ... including creating a new scripting language ( "sCrypt":{https://scrypt.io/} ) to make them easier. IMO, "smart contracts" make it easier to create non-financial applications for #blockchains and other ledgers. BSV is also tainted by Craig Wright's claim to be Satoshi Nakamoto, the inventor of Bitcoin. https://www.coindesk.com/layer2/2022/10/21/in-craig-wright-verdict-reality-prevails/
In Craig Wright Verdict, Reality Prevails
lnxw48a1: https://nu.federati.net/url/288784 [www coindesk com] #cryptocurrency exchange #Coinbase to end support for #Bitcoin Cash #BCH, #Ethereum Classic #ETC, #Ripple #XRP, #Stellar #XLM #cryptocurrencies.
lnxw48a1's status on Sunday, 04-Dec-2022 09:54:42 EST
https://nu.federati.net/url/288784 [www coindesk com] #cryptocurrency exchange #Coinbase to end support for #Bitcoin Cash #BCH, #Ethereum Classic #ETC, #Ripple #XRP, #Stellar #XLM #cryptocurrencies.
Coinbase Wallet to End Support for Bitcoin Cash, Ethereum Classic, Ripple's XRP and Stellar's XLM
lnxw48a1: This hilarious. https://nu.federati.net/url/288057 [www bloomberg com] US authorities seized a device containing millions of dollars worth of #Bitcoin. Then someone took the #BTC away from them.
lnxw48a1's status on Saturday, 08-Oct-2022 14:19:21 EDT
This hilarious. https://nu.federati.net/url/288057 [www bloomberg com] US authorities seized a device containing millions of dollars worth of #Bitcoin. Then someone took the #BTC away from them.
lnxw48a1: Leader of #El_Salvador talks about people who disagree with his nation's use of #Bitcoin as one of their official currencies. https://bitcoinmagazine.com/print/stop-drinking-the-elites-kool-aid [bitcoinmagazine com] #BTC
lnxw48a1's status on Saturday, 01-Oct-2022 00:10:26 EDT
Leader of #El_Salvador talks about people who disagree with his nation's use of #Bitcoin as one of their official currencies. https://bitcoinmagazine.com/print/stop-drinking-the-elites-kool-aid [bitcoinmagazine com] #BTC
lnxw48a1: !econusa US Treasury recommends exploring "Digital Dollar" #CDBC https://nu.federati.net/url/287868 [www usnews com] While we cannot yet know whether a CBDC will happen or what form it will take, what is certain is that the growth of #cryptocurrencies is inspiring this global trend of investigation the creation of national CBDCs. #Bitcoin #BTC #Ethereum #ETH #Ripple #XRP
lnxw48a1's status on Wednesday, 21-Sep-2022 00:45:02 EDT
!econusa US Treasury recommends exploring "Digital Dollar" #CDBC https://nu.federati.net/url/287868 [www usnews com] While we cannot yet know whether a CBDC will happen or what form it will take, what is certain is that the growth of #cryptocurrencies is inspiring this global trend of investigation the creation of national CBDCs. #Bitcoin #BTC #Ethereum #ETH #Ripple #XRP
lnxw48a1: #ECB discusses cross-border payments. https://nu.federati.net/url/287239 [www ecb europa eu] #Bitcoin #Cryptocurrency #BTC #Ripple #XRP
lnxw48a1's status on Tuesday, 02-Aug-2022 16:48:15 EDT
#ECB discusses cross-border payments. https://nu.federati.net/url/287239 [www ecb europa eu] #Bitcoin #Cryptocurrency #BTC #Ripple #XRP
lnxw48a1: Watching someone's #Twitch stream. First of all, y'all use waaay too many gamer words. Secondly, they in room chat veered into #cryptocurrencies. My answer (not available in the chat, because I'm not a member): I don't specifically care about the method (cryptographically signed blocks of transactions, chained together via a consensus algorithm), but I care about breaking people free from the control of banksters and believe that should be a priority for all of us. That is why I care about #Bitcoin, #Ethereum and similar currencies.
lnxw48a1's status on Saturday, 07-May-2022 19:35:07 EDT
Watching someone's #Twitch stream. First of all, y'all use waaay too many gamer words. Secondly, they in room chat veered into #cryptocurrencies. My answer (not available in the chat, because I'm not a member): I don't specifically care about the method (cryptographically signed blocks of transactions, chained together via a consensus algorithm), but I care about breaking people free from the control of banksters and believe that should be a priority for all of us. That is why I care about #Bitcoin, #Ethereum and similar currencies.
lnxw48a1: https://evanhatch.medium.com/len-sassaman-and-satoshi-e483c85c2b10 [evanhatch medium com] Speculation about the identity of #Satoshi, the pseudonymous creator of #Bitcoin. Brings lots of coincidences in to support the choice of candidate. Probably a much more solid case than Craig Wright’s claim. #cryptocurrency #BTC #Satoshi_Nakamoto
lnxw48a1's status on Sunday, 10-Oct-2021 15:06:49 EDT
https://evanhatch.medium.com/len-sassaman-and-satoshi-e483c85c2b10 [evanhatch medium com] Speculation about the identity of #Satoshi, the pseudonymous creator of #Bitcoin. Brings lots of coincidences in to support the choice of candidate. Probably a much more solid case than Craig Wright’s claim. #cryptocurrency #BTC #Satoshi_Nakamoto
lnxw48a1: https://dailyhodl.com/2021/07/29/litecoin-ltc-sparks-crypto-adoption-with-big-e-retailer-on-board/ [dailyhodl com] #NewEgg now accepts #LiteCoin ( #LTC ) #cryptocurrency for payment in addition to #Bitcoin ( #BTC ) and #DOGEcoin ( #DOGE ). > According to Newegg’s senior brand manager Andrew Choi, the integration of Litecoin is about making the customer experience more flexible and convenient. > "Delivering a better online shopping experience isn’t only about price and selection – it’s also important to let people shop however they want, and that extends to offering flexible payment options." > Newegg has been using BitPay to accept Bitcoin (BTC) since 2014 and Dogecoin (DOGE) since early this year.
lnxw48a1's status on Friday, 06-Aug-2021 02:21:32 EDT
https://dailyhodl.com/2021/07/29/litecoin-ltc-sparks-crypto-adoption-with-big-e-retailer-on-board/ [dailyhodl com] #NewEgg now accepts #LiteCoin ( #LTC ) #cryptocurrency for payment in addition to #Bitcoin ( #BTC ) and #DOGEcoin ( #DOGE ). > According to Newegg’s senior brand manager Andrew Choi, the integration of Litecoin is about making the customer experience more flexible and convenient. > "Delivering a better online shopping experience isn’t only about price and selection – it’s also important to let people shop however they want, and that extends to offering flexible payment options." > Newegg has been using BitPay to accept Bitcoin (BTC) since 2014 and Dogecoin (DOGE) since early this year.
Litecoin (LTC) Sparks Crypto Adoption With Big E-Retailer on Board | The Daily Hodl
lnxw48a1: > The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party. https://bitcoin.org/bitcoin.pdf Section 10. Well, there's the seller, the buyer, the seller's bank, the buyer's bank, and the seller's card processing agent. In some cases two or more of the third parties are the same organization, but usually they are not. You don't necessarily trust the other party's bank or the payment intermediary, either. Sometimes, you just hope that your bank will be willing and able reverse the transaction if you have a problem. Yes, there really is a need for #DeFi. #Bitcoin | #Cryptocurrencies | #Trust | #Intermediaries | #Gatekeepers
lnxw48a1's status on Sunday, 04-Jul-2021 00:49:58 EDT
> The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party. https://bitcoin.org/bitcoin.pdf Section 10. Well, there's the seller, the buyer, the seller's bank, the buyer's bank, and the seller's card processing agent. In some cases two or more of the third parties are the same organization, but usually they are not. You don't necessarily trust the other party's bank or the payment intermediary, either. Sometimes, you just hope that your bank will be willing and able reverse the transaction if you have a problem. Yes, there really is a need for #DeFi. #Bitcoin | #Cryptocurrencies | #Trust | #Intermediaries | #Gatekeepers
lnxw48a1: Congressperson: The Federal Reserve is "Dogecoining the US dollar" https://decrypt.co/72818/federal-reserve-dogecoining-us-dollar-rep-davidson [decrypt co] #The_Fed #BTC #Bitcoin #Dogecoin #USDollar #cryptocurrency !econusa Obviously, there is a point where the combination of the Fed's policies and Congress's borrow-and-spend policies will trigger inflationary price increases. No one knows for certain where that point is, but the Fed's operative assumption is based on doubling the money supply in one year during the 2008-2011 recession without any perceptible impact on prices.
lnxw48a1's status on Wednesday, 30-Jun-2021 16:00:54 EDT
Congressperson: The Federal Reserve is "Dogecoining the US dollar" https://decrypt.co/72818/federal-reserve-dogecoining-us-dollar-rep-davidson [decrypt co] #The_Fed #BTC #Bitcoin #Dogecoin #USDollar #cryptocurrency !econusa Obviously, there is a point where the combination of the Fed's policies and Congress's borrow-and-spend policies will trigger inflationary price increases. No one knows for certain where that point is, but the Fed's operative assumption is based on doubling the money supply in one year during the 2008-2011 recession without any perceptible impact on prices.
Federal Reserve Is 'Dogecoining the US Dollar': Rep. Davidson - Decrypt
lnxw48a1: https://www.bbc.co.uk/news/business-57169726 #Bitcoin and other #cryptocurrency prices continue their fall. #BTC #ETH #DOGE
lnxw48a1's status on Wednesday, 19-May-2021 19:09:45 EDT
https://www.bbc.co.uk/news/business-57169726 #Bitcoin and other #cryptocurrency prices continue their fall. #BTC #ETH #DOGE
Bitcoin falls further as China cracks down on crypto-currencies
blacksam: I see a lot of wonderment over the value of "joke" cryptocurrencies like Dogecoin. I don't get why people are confused. Despite the whimsical theme it's no different from Bitcoin in terms of its legitimacy. If someone started minting "joke" gold coins with docks on them they'd still be made of gold. #cryptocurrency #bitcoin #dogecoin gold
blacksam's status on Friday, 07-May-2021 08:48:35 EDT
I see a lot of wonderment over the value of "joke" cryptocurrencies like Dogecoin. I don't get why people are confused. Despite the whimsical theme it's no different from Bitcoin in terms of its legitimacy. If someone started minting "joke" gold coins with docks on them they'd still be made of gold. #cryptocurrency #bitcoin #dogecoin gold
lnxw48a1: #MIT joining #cryptocurrency industry in effort to strengthen #Bitcoin security https://nu.federati.net/url/279964 [cointelegraph com] #BTC #XTC
lnxw48a1's status on Friday, 26-Feb-2021 01:24:17 EST
#MIT joining #cryptocurrency industry in effort to strengthen #Bitcoin security https://nu.federati.net/url/279964 [cointelegraph com] #BTC #XTC
Crypto leaders back MIT’s four-year initiative to harden Bitcoin’s security
lxo: > My brain is hardwired to replace #bitcoin with money. Try it foreign currencies (like the money you use) are a pretty decent form of investment where I live, FWIW. when local currency loses half of its value compared with foreign currencies in sudden episodes several times over one's life, and accumulates a devaluation of between 8 and 10 orders of magnitude over a single decade, investing in "money" doesn't sound such an odd idea. fortunately most of these devaluations are in a distant past, but there's still enough fluctuation that we have investment funds linked to some foreign currencies, and people who are saving for expenses abroad are often advised to rely on such funds, or to exchange early, as a form of insurance against major devaluations not that I invest or recommend crypto currencies as investment, mind you. it just doesn't feel weird at all for me to hear about investment in other currencies
lxo's status on Monday, 22-Feb-2021 02:55:08 EST
> My brain is hardwired to replace #bitcoin with money. Try it foreign currencies (like the money you use) are a pretty decent form of investment where I live, FWIW. when local currency loses half of its value compared with foreign currencies in sudden episodes several times over one's life, and accumulates a devaluation of between 8 and 10 orders of magnitude over a single decade, investing in "money" doesn't sound such an odd idea. fortunately most of these devaluations are in a distant past, but there's still enough fluctuation that we have investment funds linked to some foreign currencies, and people who are saving for expenses abroad are often advised to rely on such funds, or to exchange early, as a form of insurance against major devaluations not that I invest or recommend crypto currencies as investment, mind you. it just doesn't feel weird at all for me to hear about investment in other currencies
Alexandre Oliva (moved to @lxo@gnusocial.jp)
lnxw48a1: I'm not sure they know what they're doing. Some government agencies probably still think #Bitcoin is a gold-color token, like something you would use at Chuck E. Cheese. Though they did take the time to call out #stablecoins as one type that banks & thrifts can use, so they have at least read that much.
lnxw48a1's status on Tuesday, 05-Jan-2021 11:48:16 EST
I'm not sure they know what they're doing. Some government agencies probably still think #Bitcoin is a gold-color token, like something you would use at Chuck E. Cheese. Though they did take the time to call out #stablecoins as one type that banks & thrifts can use, so they have at least read that much.
lnxw48a1: So, it looks like I’m going to have to try out one or more #cryptocurrencies, such as #Bitcoin ( BTC ) or #Ethereum ( #ETH ). But I’m not pretending that I can time the market, so I’m not looking to buy something that will rise high enough to make me a millionaire. I’m looking at them as a medium of exchange, a means to facilitate purchases and sales. At this point, I’m not looking at them as a store of value, and certainly not as an investment. Despite my insistence in conversations with #sonTwo that he should likewise consider cryptocurrency only as a means to purchase things, his father-in-law has been reading about sky-high #BTC prices and is putting up a small amount of money to get started investing in #cryptocurrency.
lnxw48a1's status on Tuesday, 29-Dec-2020 01:48:18 EST
So, it looks like I’m going to have to try out one or more #cryptocurrencies, such as #Bitcoin ( BTC ) or #Ethereum ( #ETH ). But I’m not pretending that I can time the market, so I’m not looking to buy something that will rise high enough to make me a millionaire. I’m looking at them as a medium of exchange, a means to facilitate purchases and sales. At this point, I’m not looking at them as a store of value, and certainly not as an investment. Despite my insistence in conversations with #sonTwo that he should likewise consider cryptocurrency only as a means to purchase things, his father-in-law has been reading about sky-high #BTC prices and is putting up a small amount of money to get started investing in #cryptocurrency.
lnxw48a1: One of the big issues I have with #blockchain is that people lost all rationality once they saw the prices that #Bitcoin ( #BTC ) has reached. Suddenly, everything is blockchains when most things are not improved in any way by adding a blockchain. And of course, whenever sleazeballs smell dummies with money, they start rolling out scam after scam using the magic word or phrase that convinces people to open their wallets and bank accounts.
lnxw48a1's status on Saturday, 05-Dec-2020 01:01:39 EST
One of the big issues I have with #blockchain is that people lost all rationality once they saw the prices that #Bitcoin ( #BTC ) has reached. Suddenly, everything is blockchains when most things are not improved in any way by adding a blockchain. And of course, whenever sleazeballs smell dummies with money, they start rolling out scam after scam using the magic word or phrase that convinces people to open their wallets and bank accounts.
lnxw48a1: Judge rules that #Bitcoin is a form of money. https://nu.federati.net/url/273306
lnxw48a1's status on Sunday, 26-Jul-2020 16:18:10 EDT
Judge rules that #Bitcoin is a form of money. https://nu.federati.net/url/273306
Bitcoin rises after court rules it's a form of money; Apple cofounder sues Google over cryptocurrency scam
schestowitz: ● NEWS ● #TheVerge #Surveillance ☞ #SteveWozniak sues #YouTube over ongoing #bitcoin scams https://www.theverge.com/2020/7/23/21335554/steve-wozniak-youtube-lawsuit-bitcoin-scam-cryptocurrency-apple
schestowitz's status on Friday, 24-Jul-2020 04:30:14 EDT
● NEWS ● #TheVerge #Surveillance ☞ #SteveWozniak sues #YouTube over ongoing #bitcoin scams https://www.theverge.com/2020/7/23/21335554/steve-wozniak-youtube-lawsuit-bitcoin-scam-cryptocurrency-apple
Steve Wozniak sues YouTube over ongoing bitcoin scams
schestowitz: ● NEWS ● #TheVerge #Monopolies ☞ #Twitter and the big #bitcoin scam: what happened next https://www.theverge.com/2020/7/16/21327769/twitter-bitcoin-scam-news-updates
schestowitz's status on Friday, 17-Jul-2020 03:16:37 EDT
● NEWS ● #TheVerge #Monopolies ☞ #Twitter and the big #bitcoin scam: what happened next https://www.theverge.com/2020/7/16/21327769/twitter-bitcoin-scam-news-updates
Twitter and the big bitcoin scam: what happened next
schestowitz: Top 6 #freesw #Bitcoin Wallets, Rated and Reviewed for 2020 https://www.bitcoinmarketjournal.com/open-source-bitcoin-wallets/
schestowitz's status on Thursday, 09-Jul-2020 20:40:41 EDT
Top 6 #freesw #Bitcoin Wallets, Rated and Reviewed for 2020 https://www.bitcoinmarketjournal.com/open-source-bitcoin-wallets/
Top 6 Open Source Bitcoin Wallets, Rated and Reviewed for 2020
schestowitz: ● NEWS ● #Surveillance ☞ ' #Bitcoin Is Not a #Privacy Coin' Says Crypto Evangelist Andreas Antonopoulos https://news.bitcoin.com/bitcoin-is-not-a-privacy-coin-says-crypto-evangelist-andreas-antonopoulos/
schestowitz's status on Thursday, 09-Jul-2020 01:22:40 EDT
● NEWS ● #Surveillance ☞ ' #Bitcoin Is Not a #Privacy Coin' Says Crypto Evangelist Andreas Antonopoulos https://news.bitcoin.com/bitcoin-is-not-a-privacy-coin-says-crypto-evangelist-andreas-antonopoulos/
'Bitcoin Is Not a Privacy Coin' Says Crypto Evangelist Andreas Antonopoulos | Privacy Bitcoin News
schestowitz: #Finance : #BTCPay , #Bitcoin and #Bitamp http://www.tuxmachines.org/node/138232
schestowitz's status on Sunday, 31-May-2020 09:31:27 EDT
#Finance : #BTCPay , #Bitcoin and #Bitamp http://www.tuxmachines.org/node/138232
schestowitz: Open-source #Bitcoin development funded mainly by #Blockstream and #LightningLabs https://eng.ambcrypto.com/open-source-bitcoin-development-funded-mainly-by-blockstream-and-lightning-labs/
schestowitz's status on Sunday, 29-Mar-2020 17:50:57 EDT
Open-source #Bitcoin development funded mainly by #Blockstream and #LightningLabs https://eng.ambcrypto.com/open-source-bitcoin-development-funded-mainly-by-blockstream-and-lightning-labs/
Open-source Bitcoin development funded mainly by Blockstream and Lightning Labs
schestowitz: Open #Blockchain / #Bitcoin http://www.tuxmachines.org/node/134962 #freesw #sharing #currency
schestowitz's status on Monday, 09-Mar-2020 07:36:49 EDT
Open #Blockchain / #Bitcoin http://www.tuxmachines.org/node/134962 #freesw #sharing #currency
schestowitz: ● NEWS ● #Environment ☞ The Big #Bitcoin Heist https://www.vanityfair.com/news/2019/11/the-big-bitcoin-heist “because it is very similar to growing cannabis."
schestowitz's status on Tuesday, 05-Nov-2019 06:45:24 EST
● NEWS ● #Environment ☞ The Big #Bitcoin Heist https://www.vanityfair.com/news/2019/11/the-big-bitcoin-heist “because it is very similar to growing cannabis."
schestowitz: #bitcoin 2008 https://twitter.com/bitcoin/status/1189894737735471104
schestowitz's status on Saturday, 02-Nov-2019 12:20:29 EDT
#bitcoin 2008 https://twitter.com/bitcoin/status/1189894737735471104
schestowitz: Among its #niche #bitcoin arguably won already https://www.coindesk.com/how-many-more-birthdays-until-bitcoin-wins
schestowitz's status on Saturday, 02-Nov-2019 06:59:49 EDT
Among its #niche #bitcoin arguably won already https://www.coindesk.com/how-many-more-birthdays-until-bitcoin-wins
How Many More Birthdays Until Bitcoin Wins? - CoinDesk
dada: Le thread de @maxauvy est plus palpitant, captivant et stressant que tout GoT 😲-> https://mastodon.etalab.gouv.fr/@maxauvy/103052088775102934#infosec #histoire #bitcoin #rançongiciel
dada's status on Wednesday, 30-Oct-2019 12:36:12 EDT
Le thread de @maxauvy est plus palpitant, captivant et stressant que tout GoT 😲 -> https://mastodon.etalab.gouv.fr/@maxauvy/103052088775102934 #infosec #histoire #bitcoin #rançongiciel
schestowitz: #openwashing of #bitcoin (while 'crypto'-currency companies amass #swpats and keep their code mostly secret) https://newslogical.com/bitcoin-is-open-source-with-boundless-possibilities-gemini-exchange-co-founder/
schestowitz's status on Sunday, 27-Oct-2019 22:50:53 EDT
#openwashing of #bitcoin (while 'crypto'-currency companies amass #swpats and keep their code mostly secret) https://newslogical.com/bitcoin-is-open-source-with-boundless-possibilities-gemini-exchange-co-founder/
Bitcoin is Open-Source with Boundless Possibilities – Gemini Exchange Co-founder
rumblestillskin: One of the reasons I am a supporter of cryptocurrency is that if it reaches a critical mass it will take some power away from those governments who constantly go to war simply for power and financial gain. #cryptocurrency #bitcoin #ethereum
rumblestillskin's status on Wednesday, 09-Oct-2019 10:41:15 EDT
One of the reasons I am a supporter of cryptocurrency is that if it reaches a critical mass it will take some power away from those governments who constantly go to war simply for power and financial gain. #cryptocurrency #bitcoin #ethereum
rumblestillskin: My Bitcoin Lightning Network payments keep failing this morning! This rarely happens, but shows just how much it is not ready for prime time yet. Still in beta for sure. #bitcoin #cryptocurrency
rumblestillskin's status on Tuesday, 08-Oct-2019 12:19:11 EDT
My Bitcoin Lightning Network payments keep failing this morning! This rarely happens, but shows just how much it is not ready for prime time yet. Still in beta for sure. #bitcoin #cryptocurrency
rumblestillskin: I don't understand why we don't see more cryptocurrency teams present in the Fediverse? They are working to decentralise finance and the Fediverse is working towards decentralising social media. They both seem to have similar goals. #cryptocurrency #bitcoin #ethereum #defi
rumblestillskin's status on Friday, 04-Oct-2019 16:19:24 EDT
I don't understand why we don't see more cryptocurrency teams present in the Fediverse? They are working to decentralise finance and the Fediverse is working towards decentralising social media. They both seem to have similar goals. #cryptocurrency #bitcoin #ethereum #defi
rumblestillskin: I have been sports betting with a website testing the lightning payment network on top of the Bitcoin network. I have been betting amounts of 100 to 200 satoshis. Today I covered a bet of 20,000 satoshis thinking I was laying a huge bet. Turns out it was only $1.67. #Bitcoin #cryptocurrency #LightningNetwork
rumblestillskin's status on Wednesday, 02-Oct-2019 10:46:53 EDT
I have been sports betting with a website testing the lightning payment network on top of the Bitcoin network. I have been betting amounts of 100 to 200 satoshis. Today I covered a bet of 20,000 satoshis thinking I was laying a huge bet. Turns out it was only $1.67. #Bitcoin #cryptocurrency #LightningNetwork
schestowitz: #Bitcoin wallets for #Linux https://linuxnewbieguide.org/bitcoin-wallets-for-linux/ #gnu #cryptocurrency
schestowitz's status on Saturday, 31-Aug-2019 04:57:05 EDT
#Bitcoin wallets for #Linux https://linuxnewbieguide.org/bitcoin-wallets-for-linux/ #gnu #cryptocurrency
rumblestiltskin: @emzy The crazy thing about this conversation was that a US congressman was trying to defend the criticism of bitcoin from a TV host! #bitcoin #cryptocurrency
rumblestiltskin's status on Wednesday, 17-Jul-2019 10:58:11 EDT
@emzy The crazy thing about this conversation was that a US congressman was trying to defend the criticism of bitcoin from a TV host! #bitcoin #cryptocurrency