Viewing profile — wildsatchmo

Here is CSW's original claim that Bitcoin is Turing complete that took many by surprise including Nick Szabo. They heard it as you did, specifically addressing Bitcoin Script. He i…

You're conflating (intentionally?) Bitcoin the system vs Bitcoin Script. Nobody claims the Script in a vacuum is Turing complete which is important and by design, including the art…

This is true but the conclusion is over simplified. There is of course no looping constructs in script. This is by design as it guarantees the script can be executed without consum…

Twetch is an experiment in exactly this. Pay to like, comment, "branch" as they call it (retweet). pow.market is another fascinating experiment using proof of work as the currency …

I'm here collecting downvotes in exchange for hard truths. Could have paid to put the data on chain for less than the cost to settle the purchase of this luxurious immutable broken…

You can't draw attention to it. That might raise even more questions about the net effectiveness of continued lockdowns.

Even if I did provide you some report showing banks use more than Bitcoin (which is still true for now) it's only a fraction of the big picture. Although banks are a good example o…

I agree. I think makes them more efficient, and less important for some of their common use-cases. All of that mining equipment is infrastructure they don't need.

Funny nobody complains about the energy consumed by actual banks and other services Bitcoin would replace, which is much higher. In those circumstances they can understand it's not…

A friend has built a client with inbox economics in mind at https://baemail.me It doesn't use email but paymail which is a protocol for email-like payment addresses. - messages inc…

Bitcoin XT is a an old client, not a chain. Bitcoin Unlimited is a group of developers, not a chain. Bitcoin Gold doesn't even use the same hash algo, is an unrelated airdrop. Ther…

Exactly. Price aside, the growth is insane. Things are being built. Merchants are coming back online. Within a few months the sentiment will start to change for BCH.

> How? By simply eliminating intermediaries. A middle man always takes a cut somehow. If you can eliminate him, both parties can enjoy better rates. Here are some non vague ways bl…

If you think the desire for sound money is weird you'll never understand why we need bitcoin. The hard core gold bugs in the Libertarian forums circa 2008 STILL don't trust bitcoin…

This one makes me a little sad. I was very into bitcoin and blockchain ideas early on and the ICO fever has poisoned the well a bit. The money is attracting the types you're descri…

The best practices I'm talking about are built into the client software and a user doesn't need to know about them (new address per transaction already happens in most wallets). Ag…

There are actually lots functional proof of stake coins like byteball and NEM for example (but I share your skepticism about long term viability of proof of stake BECAUSE it doesn'…

While this is correct, for that to be true a person would need to be using the same wallet address for every transaction which is contrary to default wallet behavior / best practic…

Looking at all these pessimistic comments I can't help but wonder if this is what the op eds in the newspaper looked like while the internet was being built. "its too slow, and eve…

A blockchain is like a big spreadsheet. It's not going to be anonymous if you start typing identifying information into it, but it certainly gives you the option of being anonymous…

There are some blockchain based systems in the works that may help with this mess. If a middleman can be removed, content creators could publish directly to p2p networks without lo…