One of the biggest misconceptions about bitcoin is that it’s a neoliberal/libertarian thing. Thinking this way only shows lack of understanding. A famous short video from the most respected bitcoin educator will make understand better. https://youtu.be/ywO0r_Fz0lc
And about the environmental concerns Lyn Alden has a post that deals with all the misinformation. If you are really interested take the time to read it, it’s exhaustive. https://www.lynalden.com/bitcoin-energy/
This video has seemingly no sources for its claims.
It’s just an introductory video. The references are in her book. I counted around 300.
Lyn Alden is part of “Ego Death Capital”, a venture capital company around cryptocurrencies (https://egodeath.capital/team)
Only Bitcoin. Bitcoin is not any crypto or altcoin, which I agree most are scams.
Lyn Alden is the Board Director of Swan Bitcoin - a Bitcoin investment platform (https://www.swanbitcoin.com/alden/) Lyn Alden is not an economist (https://www.lynalden.com/about-lyn-alden/)
Who are you expecting to make a video about the failure of the current system? A banker?
Bitcoin cannot be diluted (~27:25) REALITY CHECK: Bitcoin is always being diluted until it reaches its hard limit.
What she obviously means is that nobody can delute it. It creates new money at a mathematically determined rate.
The value of Bitcoin has only increased over time (~27:50) REALITY CHECK: The log scale is playing tricks. A linear graph would show how volatile Bitcoin has truly been.
She doesn’t say that. She says bigger highs and bigger lows, which is true. That doesn’t mean it always increases.
Bitcoin’s hard limit is likely very dangerous for the network (~29:00): Once the hard limit is reached, it is unclear if people will keep >pumping computing power at it. If the creation of new Bitcoin is no longer allowed, it is possible that transaction fees will need to >be raised to compensate miners.
Dont worry, it will happen in 2140.
And of course is Bitcoin propaganda, and more of this quality is needed.
Calling it crypto won’t make people understand. Watching the video will help people to understand, the why and the how. They don’t necessarily have to agree with the solution but the most important thing is understanding the problem because too many people are still unaware of it.
It’s about time it’s also the title of one of the best introductory books on relativity by David Mermin. Specially for those who aren’t good at math but want to understand it beyond popular science books.
Great job! What about mentioning the bot in the response to a comment that has a Wikipedia link.
Amazing but more usual that one might think, it’s the same anger you can see in people that identity themselves with some other fictions like religion, nationalism, football teams, ideology, race, etc. When watching a movie you kind of temporarily turn off your disbelief to experience joy, sadness, anxiety etc but when the movie is over the healthy behavior is the recognition that everything was an acting. But with the fictions that I just described somehow the disbelief is never turned on, the critical thinking is canceled.
I’ve never been in Reddit so I can’t talk about it but I wouldn’t have been so harsh if you hadn’t already stated that it seems only useful for illegal and immoral activities when it’s so easy to find, if you are “genuinely interested”, that it’s not the case.
I also ran it while browsing with ungoogled-chromiun in Debian with ublock origin in “strick mode” and there wasn’t a single sound. I didn’t try your tests but I have a lot of google domains that I added over the years in the uBO rules to block them, like googleapis and stuff like that.
With all the information available at your fingertips being ignorant is a choice.
“this parallel financial system can also serve a tangible social good, offering an onramp to the financial system for people who would otherwise be left out. In countries where the vast majority of the population is unbanked, national currencies are no longer a safe store of value, remittances comprise a hefty portion of GDP, and international sanctions complicate connections to the global economy, a virtual currency that doesn’t require an intermediary to approve transactions can be a vital lifeline for survival”
Bitcoin is poised to blow up Africa’s $86 billion banking system
There isn’t AFAIK, but there is a Firefox add-on that I guess it should work on android at least for web browsing.
EXCLUSIVE INTERVIEW. In the the next issue of Linux Magazine Torvalds talks about the new default in the single click behavior of Plasma: “KDE, fuck you”
You won’t have to try the combinations of 250 words because the seeds are words at equally spaced distance so at most you have to try 20 combinations. And that’s supposing that all the 250 words are from the seed list, which obviously is not going to happen, so you only have to try a few valid combinations if you forget the number 13. So all you have to remember is the title of the essay and that the seeds are equally spaced, and even the later is not necessary if you think about it just a little bit (just don’t use words from the bip39 wordlist for the rest) and I expect that you are not dumb enough to save the page in only one single place among thousands of other pages. If you want you can save the page in the same way you would save the 12 words, may be with a couple of other documents, but the point is not saving a paper with just 12 words!
Absolutely. All you need to recover your keys are the 12 words. Never save the 12 words alone, If someone come across them it will be obvious what they are. Write a little essay of one page of length or less about whatever topic and hide the words in it (like every 13 words or whatever method you like that its easy to remember). Nobody has to know that you save your keys in this way. For me the key to save the seeds safely is disguise, simply because they are just words and its easy to do it. Hide the essay among other documents and that’s it. If nobody knows that that’s the way you save them there is no way they can figure it out. That way you can leave them in many places for additional safety.
The coins are on the blockchain, what you save in a wallet are the keys to access them.
Contrary to the common believe you don’t need a hardware wallet to keep your keys safe, what you really need is a air gapped or cold storage and you can achieve this in many ways. I found that one of the best ways to do it is grabbing an old phone and following this guide
https://medium.com/@fbonomi/a-bitcoin-cold-wallet-based-on-qr-codes-e8c130b3181f
Tldr: install the wallet and never connect the phone to the internet again and use QR codes to sign transactions using the camera. Super practical, cheap, truly air gapped and doesn’t attract attention like a hardware wallet. Additionally I would disable the wallet app when you don’t use it, so the wallet will not be visible in case someone else grabs the phone (you can do this by installing the app as a system app using adb). And don’t forget to save the seeds of the wallet in safe place and always use fully FOSS wallets like electrum.
For me f-droid and debian are the gold standard concerning trusted free software.
You want a debate posting homepage links? At least take the time to post a brief summary of the main points concerning the issues for each language. At the very least the actual links where the information is located.
You are literally sending 99% of the new Linux users back to Windows haha. C’ mon its not that hard, look at what custom ROM developers do. They put a big disclaimer warning of the risks of installing the software. You won’t find a single user blaming the devs for a bricked phone, and there are lot of them. The one who has to consider the risks and warn about them is the dev, just because (s)he is the one who knows the software better and not all users are developers and they usually don’t know what are the risks.
That’s how he made the calculation, but it’s not what he said, because 5% of European jews each year it’s not the same as 5% of the initial European jews. The word initial is absent and in my view that make its numbers wrong. But yeah, may be I’m being too strict and most of you understood what he meant. By I think it’s misleading because it can give you the idea that in general if you have 60% in 12 years you can calculate the percentage for each year just by dividing by 12. And that is certainly wrong.
do you see how easily you are manipulated with misinformation? That’s why people don’t stop talking stupid things about bitcoin. She doesn’t say that in any moment. She says higher highs and higher lows, which is true and doesn’t mean allways increasing.