Viewing profile — cflynnus

I have no problem with the Tesla touchscreen. I don't want a car with physical buttons.

yup

Thinking CBDCs are “safe” is extremely naive. They’re a dystopian nightmare. They’re every dictators wet dream. This is why Bitcoin matters. Bitcoin = freedom.

It's not good money if it's properties can be changed, especially it's supply.

If it's centralized it's garbage and it doesn't matter whatever its roadmap is. Also ETH wont implement sharding because its breaks composability. It's just marketing.

https://danhedl.medium.com/bitcoins-security-is-fine-93391d9...

That's dumb FUD. https://endthefud.org/control

zoom out

https://www.newsweek.com/bitcoin-mining-track-consume-worlds... "Bitcoin Mining on Track to Consume All of the World's Energy by 2020" Yep we've heard this all before.

Gold standard was nixed because the government wanted to be able to create new money out of thin air and give it to itself. Simple as that.

> the ruinous consequences if a Proof-of-Work-based currency were to rapidly overtake the current payment networks, in terms of the cost of electricity and environmental impact. ht…

I don't care about securities law or what the US government does towards crypto. My point is that these ARE securities and bitcoin IS a commodity. When people truly understand this…

Having a roadmap is no merit. A roadmap means the system is centralized because a core group of people can change the rules. If it's centralized it's not censorship resistant and t…

> Bitcoin does not have Turing-complete scripting Feature not a bug. Base layer that will serve as foundation for entire global economy should be as simple as possible to make it a…

IMO it applies to anything/everything "crypto" - it's all just unregistered securities lying/pretending to be commodities. It's all just scams. Bitcoin, however, truly is a commodi…

Ethereum is a foundation of sand. The protocol and the rules change at the whims of the senior insiders. It's not a stable platform and since we don't know what the rules will be i…

bitcoin fixes this

It’s your opinion that what PoW produces is “waste” The markets disagree with your opinion

> >In the stormy world of crypto, Bitcoin is the port. This is an idiotic statement. Bitcoin development has completely succumbed to corporate capture at this point by Blockstream …

And yet it stores a lot of value…

well the PoS fork tokens will acquire 99% the value of the current ethereum tokens, so if you want to access that you've got to upgrade your software. You are right tho you'll cont…

> It's also a software upgrade because that $194 billion transaction only happens if enough users of the software have chosen to upgrade and run the new software by then instead of…

In at least one nation state, El Salvador, Bitcoin is an option for buying a sandwich with.

I don't think this is correct. The book "The Blocksize War" by Jonathan Bier does a good job of covering this topic.

Strongly disagree that PoW is a form of "shackles" PoW = bad is an Ethereum marketing narrative. The Bitcoin community has many robust counterarguments to this narrative.