pull down to refresh

It’s actually 100k per day, not per week. So quite a bit!
I like seeing the daily rewards, if I get any. But the content and interaction is the reason I’m here. Sats are bonus
Are you really gonna make me do this?
Its shitcoin slaying kind of day I suppose.
Every currency in human history has been totally private, so we have no other similar disaster scenario to even compare this to.
First of all, every commodity based money, but Bitcoin is not commodity based money (obviously) neither is Monero. Bitcoin (The gold standard from which all shitcoins have forked) is ledger or account based money
https://www.bbc.com/travel/article/20180502-the-tiny-island-with-human-sized-money
It would seem as though Bitcoin was inspired by F.A. Hayek's ideas:
"That's why I'm now pleading, for what I've called 'Denationalization of Money.'
While governments can stop people from issuing money, they can hardly stop them from opening accounts in something. After all, in the modern world, hand to hand money, coins, and paper, is no longer the most important. Credits and credit cards are substitutes.
So I think we can forget about existing money, and existing banks, and open a system of accounts which will displace money" --F.A. Hayek.
A system of accounts. That's what Bitcoin is. Now we have coinjoin collaborative spend implementations which do a level of privacy and I think we could have serious discussions about making Bitcoin wallets default to a coinjoin.
The creator of Bitcoin really intended to create what Monero would later become. Bitcoin itself is incomplete.
The creator of Bitcoin also intended for Bitcoin to have a casino in Bitcoin core, which proved to be bloat. Satoshi was really just a guy who figured out how to combine hash cash with bittorrent to create a system of accounts. The fact that bulletproofs have not been implemented in Bitcoin is due to the necessity to audit the main chain:
For things like a value overflow incident: https://en.bitcoin.it/wiki/Value_overflow_incident
To detect chain splits:
https://github.com/bitcoin/bips/blob/master/bip-0050.mediawiki
We want to achieve privacy, but we want to do it in the most sound and secure way possible
Bitcoin block size is limited to such a small size
So that the average person can run a node and no centralized entity (such as AWS) can shut it down
Bitcoin mining is increasingly centralized and requires extreme specialty ASIC hardware to compete.
So lets run through this. The government wants to shut down Bitcoin. They now have to compete with the open market's hardware custom built to outcompete any resources they could throw at it
The government wants to shut down Monero, they can now freely create a custom built computer specially designed to mine Monero and because the devs don't know about it, they have no knowledge about the necessity to fork it. A double spend occurs, and Monero does not have the auditability to detect it, and so the government decides that for a specific strategic mission where they need to delay or keep away forever some transaction, they just mine empty blocks forever and Monero will reward them for doing so, because transaction fees do not mean anything.
Monero has low transaction fees.
Because hardly anyone uses it
Why do you choose to list items on satscrap first and foremost in a shitcoin, USD, instead of the hardest money in history, bitcoin?
Wouldn't it make more sense to first list the amount of bitcoin for each item, and then under that have the USD equivalent?
That's a truly heroic thing your wife and you are doing.
Here's my advice for new parents: Relax, you're doing ok.
Have a look over at R/Bitcoin, you'll appreciate SN a mighty-fine deal more at an instant!
Overall the site is doing pretty good being minimalistic...
Just couple thoughts up for consideration: