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easymovet
searching Neon…
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easymovet
5y ago
Never see positive Bitcoin developments on the front page.
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easymovet
5y ago
Why is HN Bitcoin news biased toward FUD?
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easymovet
5y ago
- inviolable property rights - sound money enables accurate investment valuation and less inflation and wealth inequality - low cost, high security, international final settlement - instant payments on lightning network
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easymovet
5y ago
Once you find out you'll panic about not having enough. The benefits are apparent when analyzed from the perspective of money as a technology that enables strong property rights defended by cryptography. Robert Breedlove does a podcast
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easymovet
5y ago
HackedNews has a growing Bitcoin FUD problem. Seriously biased news source, none of the benefits of Bitcoin ever get reported on here.
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easymovet
5y ago
Turns out monetary expansion does cause price inflation: “ 1849 Sky high “gold rush” prices at a fashionable eating house in San Francisco: Corned Beef & Cabbage (1.25), Sweet Potatoes (50¢), Apple Pie (75¢).”
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easymovet
5y ago
Brought a tear to my eye, so nostalgic.
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easymovet
5y ago
I’m not claiming a fact, I’m quoting the article since you made a statement that didn’t accurately represent it.
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easymovet
5y ago
Bitcoin has out performed any other asset over the past 10 years. https://www.microstrategy.com/en/hyperintelligence/asset-vs-...
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easymovet
5y ago
It’s over 40k, so either you don’t have access to real time data or you are trying to paint a picture that you prefer to believe. You can’t expect zero volatility in a new money while its being adopted. It’s the only fixed supply money in a
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easymovet
5y ago
Not just because they are a bearer asset but because their scarcity retains purchasing power orders of magnitude better than paper money.
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easymovet
5y ago
“Software eating the world” now applies to money.
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easymovet
5y ago
You don’t have to use Strike, all lighting wallets are interoperable, and no need to exchange to Fiat since Bitcoin is legal tender.
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easymovet
5y ago
Baffling that tech types here aren’t grasping digital money, basicaly a self custody PGP key with value, and instead defending the status quo with poorly researched FUD like layer 1 scaling limits, power usage, and fear of regulators!? You
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easymovet
5y ago
Bitcoin uses less energy to immutably log transactions than the manipulated rube goldberg system we currently use for keeping track of money balances, that should be all that matters.
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easymovet
6y ago
Still plenty of comments about how to “make money” with bitcoin, completely missing the point the bitcoin is money. Ironic really since this group has been digitizing everything else in the world to make money they miss that software now ac
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easymovet
6y ago
Crawlers is top down approach, a distributed list that people pay digital money for listing will both incentivize nodes to be online and transforms sybil attacks into paid advertising.
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easymovet
6y ago
UX has been a main focus of Bitcoin ever since Lightning made scaling possible. Checkout out the Strike app for seamless bitcoin (lightning) payments https://strike.zaphq.io/ Who cares? Anyone who feels like their purchasin
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easymovet
6y ago
"a monetary policy that is not constrained by the presence of physical cash", that is like saying a democratic government that is not constrained by the need for voting.
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easymovet
6y ago
Sounds like you need an invite to Galt's Gulch
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easymovet
6y ago
I tried out the math for key exchange, 2^y^x=B^x=R=A^y=2^x^y and have a few questions. If a 3rd person followed the same process and said a number out loud, say C, then wouldn't they be able to figure out both x and y? (Caveat I haven&
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easymovet
6y ago
QBasic, everything since then has been incremental.
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easymovet
6y ago
best revision of MDHP is https://satoshis.place/ because it replaced the payment rails with lightning for instant gratification and lets you over wright stuff for a never ending income stream, and paid responses.
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easymovet
6y ago
Using Bitcoin as a settlement layer has enabled services to crop up that provide interesting crosswalks of other payment layers, see https://twitter.com/ln_strike
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easymovet
7y ago
I built the same thing for a logistics company, went down the same learning route too!
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easymovet
7y ago
You don’t need a power plant to charge, you just need a bigger capacitor sitting at the gas station that’s been filling up for a while and ready to dump into your car.
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easymovet
7y ago
You are right that we will pay miners more in the future, that sounds like an opportunity not a problem.
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easymovet
7y ago
Lolli does this by only paying out when you accrue enough, and possibly uses the lightning network for payout which makes micro transactions of bitcoin much cheaper. Pei, does this as well.
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easymovet
7y ago
The mouse support is incredibly good.
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easymovet
7y ago
Best performing asset of that past decade, and 2019: https://medium.com/@100trillionUSD/modeling-bitcoins-value-w...
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