Greetings, fellow Bitcoin Hackers. I just published a new article! This one I'm quite proud of; if you want to know why, go ahead and read it, and let me know what you think!
An essay I wrote for my company on Filecoin just got published!!
btcmerchant will be able to use your bitcoin core node directly (picture of me working on this here). it has descriptor wallet support, so you can accept payments directly into your hardware wallet. it already is integrated with clightning as well, lnd soon.
@lain Last time I tried to sync Ethereum mainnet on a decent desktop computer, it wasn't possible anymore for me. That was 2 or 3 years ago.
Nic Carter just had to explain an inside #Bitcoin Twitter joke on one of the most popular financial news stations in the world.
It is proven! I am cryptoquick on Keybase: https://keybase.io/cryptoquick/sigchain#3c236fe1cea02116f85e9806e4fedd4289d2941eb350e71fa1e7d48541e1aeb60f
The million dollar DCA play.
MicroStrategy has purchased an additional 229 bitcoins for $10.0 million in cash at an average price of ~$43,663 per #bitcoin. As of 5/18/2021, we #hodl ~92,079 bitcoins acquired for ~$2.251 billion at an average price of ~24,450 per bitcoin. $MSTR
So, I just learned about the whole #Freenode debacle. What in the actual hell. This completely fragmented things because I don't know if all the channels I'm on will move over to libera.chat. I hope they do, but it might be a matter of time at best before they do. I guess we'll find out soon enough. 😖
I do see from this toot that there's a relay, but for how long will that work?
I guess it was inevitable given the move to PIA. 😕
During times like these, ETH's utility as money is compromised, and ETH's utility for L1 smart contracts such as defi and tokens are even more so.
Should EIP 1559 be implemented pre-merge, what would happen if $2.5M in ETH were to be permanently removed from the money supply in only ten minutes? And post-merge, how could such a liquidity problem be solved if those who secure the network have no real incentive to sell their earnings? (since at least physical miners have physical costs to mining)
I heard ETH gas fees were high today, so I went back and added up the mining rewards between the following blocks:
It totalled up to be over 1039 ETH, spread out over 47 blocks
Minus the 2 ETH block reward, that's nearly a thousand ETH in gas fees, within only ten minutes
That's $2,525,650.27 USD
Meanwhile, Bitcoin mined only one block around that period:
It had 1.36 BTC of fees, about $50,630 at present prices.
Developer & entrepreneur. Rust maximalist fighting for the Cryptographically-Verified Queer Solarpunk Anarchist Utopia we all deserve.
Bitcoin Maston Instance