Viewing profile — mikeblackson

Everyone on the planet is planning to route around the US financial system. We shot ourselves in the foot over a trade war we lost.

I tend to think this was a malicious release. There was quite a bit of tension between the US and China when this virus emerged. I would not be surprised if the US released this vi…

Almost a decade and the echo chamber here is still missing the boat on the most revolutionary asset of the millennia. Bitcoin is a bullshit tester and it proves most people here kn…

This is a poor take, I addressed the false $300B channel claim elsewhere in the thread but was downvoted so my response is invisible. The HN echo chamber must stay intact at all co…

Difference is L2 BTC transactions are uncensorable, instant, and the BTC itself cannot be confiscated. >This is of course after you consider opening a single LN channel for every h…

Racists are so uncreative and unintelligent. Non-white students paying good money for an education should ask for this garbage to be removed. Anything that is racist and still cele…

If it's a guaranteed malicious release, any student of history will tell you China is one of the least likely to carry out an attack like this. The US (Fort Detrick), Japan, UK, an…

You can't say how efficient it is without calculating how layer 2 scaling affects per transaction energy usage. You can do millions of layer 2 transactions that eventually settle a…

You can do 1+ million lightning network transactions that will settle as 1 transaction on the BTC blockchain, so ~$93/1,000,000? Sounds amazingly cheap for uncensorable transaction…

I'm quite comfortable but would never advocate slavery for any human being. If anything these prisoners should be paid a minimum wage and funds only released post completion of sen…

Both of your statements come from a place of tremendous privilege and the rationalizing of slavery ($0.20-0.50 of income in 2021 is good?) so some of the largest companies in the U…

We initiated a trade war with China a few years ago. The idea that this move was done "quietly" is a Reuter's joke.

African schoolgirls being kidnapped is very different than an apartheid state where the colonizers regularly oppress and murder the indigenous. In May 2021, when that tweet was pos…

At 27 mph over the speed limit, he should've been taken to jail.

Since Israelis and pro-zionists have a bad habit of calling every legitimate criticism and boycott of Israel "antisemitic", I and many others suspect these numbers of incidents are…

Study anti-fragilty. This article is dead. It took me a long time to argue against it because I assumed you knew what "adaptability" of bitcoin meant in practice. It seems you didn…

You seem to believe that in the face of an attack Bitcoin will not adapt, that is a fatal error. There are many methods of reaching consensus available in the toolbox and the numbe…

>People may want to participate in mixing, but then they won’t be able to get their money back in the US. I see the issue here, you think the endgame is for bitcoiners is to own mo…

They are not winning. The fiat standard is imploding as we speak, have you not recognized that yet? Any attack on a popular network exposes a larger audience to the fraud that cent…

Wrong, a 51% attack by itself will not take down Bitcoin. There is follow up work that I don't think they are competent enough to complete.

They are competing with Bitcoin whether they like it or not. CBDCs are a result of Bitcoin applying pressure to central banks. As long as the money offered by central banks is cens…

I have seen no evidence that central banks are as agile as you claim. Changing a number on a central database is not impressive and doesn't prove they can execute a much more techn…

That is irrelevant because the main point is, the attack will be unsuccessful. People will pay a premium for a coin/payment network that defeated the Fed and proved its censorship …

All these coins are funded by the people that adopt them, funding is not an issue for projects that solve the issues Bitcoin does. These projects exist because there is demand for …