Vegard Wikeby

Joined Jun 26, 2018

See what I do at https://vegardwikeby.com/
Follow me on https://x.com/vegardwikeby

Freelanced a Business

Mute
  
12d7LAzndMhqiaveg16NZhmmCZQXssSewE
Actions 636
Following 20
Followers 39
Topics following 2
Muted 0
Is Muted By 0

replied 2258d
One can expand debt, whatever the underlying asset, but the interest (when not regulated) the market is dynamically setting will price in the risk-reward with higher or lower %.
1 / 3
replied 2258d
I should clearly have added a question mark instead of a dot at the "LN is coming?" ;-)
1 1
555
2258d · Marx
31
23,500
replied 2258d
LN will never come. That's what is holding BTC up. The "HOPE". Eventually the BTC community will get tired of waiting. Especially as BCH is growing more use cases as BTC waits.
1 / 2 4
1,567
replied 2258d
I agree, there are some problems with BTC when there are spikes and high demands. I do find BCH more attractive lately, especially the steady 0-conf and low satoshi fees. LN is coming.
2 / 5
2258d
Check out txstreet now. The slightest pump in price causes severe congestion on the BTC side. Fees are up 50% since yesterday.
2 / 10 22
23,231
replied 2258d
6800 USD to almost 7400 in less than 60 minutes is a huge increase.
1 / 8 2
Tom
2259d · TxStreet.com
Small update last night. New yours.org building, can resize window without refreshing page now, and a few other little things. :)
8
13,713
2258d · Capitalism
Debt in and of itself is not evil, but it will not be as easily conjured in a hard money system for two reasons: (1) no more bailouts and (2) relative deflation.
6
3,052
replied 2259d
not visible until txstreet/txhighway makes them so,
until then, blockchair.
2 / 8 1
1,000
replied 2258d
Someone burned their BCH in January and filled the mempool to 140 MB at the highest, but that was at 8MB blocks. Long time since filled blocks on BCH.
1
1,000
Vegard Wikeby
followed
ex·cre·ment
2258d
replied 2258d
A correction, it is not possible to do do fractional reserve lending with Bitcoin as in lending out more Bitcoin directly than you have. You need to give IOUs with Bitcoin as reserve.
1 / 20 1
1,000
replied 2258d
Bitcoin becomes the underlying asset which the debt can be settled or forgiven, but the Bitcoin itself is independent on any debt begin created or repaid/forgiven/defaulted.
1
1,000
2258d · money
Separation of currency and state should be one of our goals.
14
228,905
replied 2258d
Also, if they lent out Bitcoin directly, not as a basis for their reserves, it would be impossible for them to do fractional reserve banking. Would require an extremely low deafult rat
8
23,598
2258d · CoinText.io
How can we make CoinText more secure regarding the protection of the private key? If I understand correctly, one simple leak of the software can generate the private key for all phone numbers.
2259d
First time I personally see the 1MB breakthrough on txstreet.com happening for BCH, 2nd bus in operation!
1 1
replied 2259d
I didn't see your opinion as criticism, I was just responding like we were having a normal conversation. I hope to see more of you and do update us on that BCH birthday party!
1
replied 2259d
I am sure it will be improved over time, at least there is progress with https://txstreet.com/. All praise to the creative teams & individuals who devote their time to these things.
1 / 5
2259d · Coinex
Not to mention the re-enabling of OP_CODES, which is what made this site possible. Adoption and innovation is happening on top of BCH, not BTC.
1
1,000
Sk8eM dUb
replied 2259d
Like if I were to take some wood and make a guitar out of it. Take 500m sats of material and then sell that+creativity for 1bch - I've increased the money value of BCH by that much.
1
1,000
2259d · Capitalism
7
3,000
2259d · Capitalism
How many people here are Libertarian/Libertarian-leaning?
15
5,829
2259d · memo
Memo has reached 150,000 on-chain actions
47
139,310
About Privacy Terms Stats