I’m Hoarding Bitcoins, and No You Can’t Have Any
Unfortunately, Andreas falsely claiming a double spend did _not_ happen is dangerous: people have to realize that a single confirmation is not an absolute guarantee.
This case was ~$20, and looks like someone was just moving money between different wallets.
But if you're accepting a payment large enough that you can't risk even a very low chance of a double spend, you _do_ need to wait for multiple confirmations. Claiming otherwise could lead to people losing money.
A deflationary currency will lead to lower time preference, less mindless consumption, and an end to the rat race necessitated by inflation
Reducing mindless consumption is the #1 thing we all can do to fight climate change, and Bitcoin is the incentive mechanism https://twitter.com/buildsoil/status/1335418912876347394
The question now is: Are you less likely to die of COVID-19 when convicted of a crime or are Texas county jails filled with 80% innocent people (until proven guilty)?
AND ITS GONE: Popular BSV multisig provides no security at all and eventually the coins all go poof. - bsv
This is the reason why I urge anybody to not lend out their bitcoin to gain interest. It's just too risky - especially if you expect the price to go up significantly.
And let's be honest - although bitcoin has utility regardless of price, all of us expect the price to go up significantly even if we're never selling our coins.
Disturbing reports that Google Play is threatening to kick out Mastodon apps. See:
App stores have a track record of acting capriciously & are also easy targets for gov't censors (including Trump). This is why alternatives like @fdroidorg are so important for user freedom.
If unfamiliar: F-Droid is a free & open source app you can use to install other Android apps, with focus on free & open source software. Get it here:
Anarchist. Bitcoin maximalist.
Bitcoin Maston Instance