Jeffrey Lebowski

Joined Apr 26, 2018

The United States is a nation of laws: badly written and randomly enforced.

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replied 1542d
It's almost a record.
1542d
1554d
When overtake XRP?
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1705d
Is it possible to create a contract on BCH which automatically splits input coins between several addresses?
1714d · Memes
1717d
Here are examples of higher up power not tolerating the loss of control on money:
https://bit.ly/2lOOj2U
https://bit.ly/2ZNd5AF
Same thing is happening with Iran, Russia and China (oil settlement in non-USD currency)
1733d · Bitcoin
"Without making any further assumptions, the million dollar bitcoin will arrive on or around August 13, 2020."
https://medium.com/@zeptochain/the-million-dollar-bitcoin-4c108f3706b
replied 1743d
Because almost nobody is using it, the demand isn't based on usage but on speculation.
1753d
"Bitcoin Cash (BCH) just skyrocketed to a new threshold. It’s now the 2nd most valuable blockchain in the entire cryptocurrency industry. This has nothing to do with speculative market caps or exchanges. This is
1758d · Memes
1779d · Bitcoin
1779d · Bitcoin
replied 1779d
In one word: why?!
1779d · Documentaries
1783d
"It isn't just the censorship which allows the BTC cult to mislead so many people. They also gain 8 years' worth of creative material which still exists online (YouTube videos, blog articles, etc.)
replied 1783d
than real gold as a medium of exchange.
And let's not miss the fact that being able to use the gold directly as a medium of exchange without needing a bank to route it for you
replied 1783d
slow and expensive has the effect of turning Bitcoin back into gold 1.0. Slow and expensive is the BTC strategy. A digital version of gold that isnt cheap and fast to move is no better
replied 1783d
Bitcoin wasn't ever supposed to be a decision about being "gold or cash." Bitcoin was always supposed to be gold and cash. That's what makes it disruptive!
Making onchain transactions
replied 1783d
gold digital makes it teleportable (weightless, massless) and trivially divisible. In other words, digital gold solves the problem of using gold directly as a medium of exchange.
replied 1783d
made it possible to teleport one song from an album right into your home, digital gold makes it possible to teleport one payment's worth of gold directly to the recipient.
Making the
replied 1783d
immutable) and make them digital.
In exactly the same way that digital news made it possible to teleport one article from a virtual newspaper right into your hands, and streaming music
replied 1783d
way to use gold for payments directly, so no "mint" or "bank" was needed!
The genius of Bitcoin was in figuring out a way to take all the properties of gold (valuable, scarce, and