tracyspacy @[email protected]
- Keybase
- tracyspacy
- https://twitter.com/tracyspcy
- bitcoin
- bc1qwc3udxs3zjy0ls5n2kd6kv75ng54qv6sj5aflg
Joined Jul 2019
Pinned toot
Bitcoin's unique value proposition:
1/
Bitcoin makes it possible to electronically transfer funds directly between two parties without the need for a trusted third party.
BCH miners soon
https://youtu.be/VzSVRxEc6XE
don't like to be aware of coins drama...
tracyspacy
boosted
Good breakdown on the #bcash "upgrade" that allowed in its wake a 51% attack by the two top miners to collude and choose which tx's to accept -- https://twitter.com/TheCryptoconomy/status/1131962447823278080
Its what we suspected all along, that #bcash is a centralized forking mess, that allows a few bad actors to enforce their rules on the participants.
tracyspacy
boosted
This article is a great writeup about how the core assumptions of #ETH are fundamentally incorrect, compared with uptake by #Bitcoin
https://medium.com/coinmonks/why-ethereum-1-0-failed-and-bitcoin-succeeded-72e9594b9789
tracyspacy
boosted
Bitcoin supply visualized
https://www.blockchaincenter.net/bitcoin-supply/
Crypto Heatmap
if you bought on green days you are up right now.
tracyspacy
boosted
bch pools forming a cartel to cut 12.5% of miners rewards and redirect it towards a developers fund.
Welcome to miners taxation!
https://medium.com/@jiangzhuoer/infrastructure-funding-plan-for-bitcoin-cash-131fdcd2412e
bch pools forming a cartel to cut 12.5% of miners rewards and redirect it towards a developers fund.
Welcome to miners taxation!
https://medium.com/@jiangzhuoer/infrastructure-funding-plan-for-bitcoin-cash-131fdcd2412e
They taught you money has 4 functions:
- medium of exchange
- unit of account
- standard of value
- store of value
But they forgot to tell, that they are speaking about 1875s money, when the gold standard was in place.
Today's fiat is not store of value anymore.
#bitcoin
tracyspacy
boosted
@tracyspacy Tell myself to set it further back, then take a nap.
tracyspacy
boosted
Imagine your government issued stablecoin backed by fiat 1:1.
Question: Considering Tether and co already exist what you gonna use?
🔮 Imagine time machine and all that crap, you traveled back to 21th January 2019 ⏰ .
What you gonna do?
just boosted my own toot, am I turning to the dark side? 😱
Who wants to hold bitcoin 
if one can just gamble on price movements of bitcoin owned by others 🤢
- Keybase
- tracyspacy
- https://twitter.com/tracyspcy
- bitcoin
- bc1qwc3udxs3zjy0ls5n2kd6kv75ng54qv6sj5aflg
Joined Jul 2019
