
Proudhon, get used to HODLers views
#positano
Cheers
+1 WOsMerit
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Playing with FIRE (not the early retirement one). But good luck to you SS123, nice catch.
+1 WOsMerit
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[important message embedded in an image]
need to decentralise mining pools. right fucking now
[important links]
Damn, V8s, important message posted while I was writing long thing.
The deeper problem is ASICs. Special-purpose hardware can be controlled on the supply side. What happens if mining hardware requires a licence to purchase? What, you think they wont go that far to prevent terrorist laundering and money financing?
I am in Bitcoin because it is more or less our last hope.
I intended to write of this recently... I actually dont believe in much of the maximalist economic stuff. Yes, Bitcoin has long-term fundamentals and will increase in value.
No, I dont buy that it will become a world reserve currency;
I know this is impossible, but I would like to know what Hal Finney would think of the overall Bitcoin situation, exchanges, forks, asics farms, long shorts, bets
He was WAAAAAY clearer on his basic positions that Satoshi seemed to be, and he also saw more deeply into the future I think. He saw the whole decentralized censorship resistant quality to be important enough that I believe it was CLEAR that he would have been a small block supporter (I think that argument is harder to make for Satoshi, but it is trivially easy for HF, posts here reflect it) and I think if you read his posts to this forum you will see him making small block arguments.
On thing I am interested in that he foresaw that is STILL ahead of the curve as far as the community goes is the need for banks. He saw (before anyone and even before most of us now) that existing banks, bitcoin banks, and existing payment rails would continue to be in use as this tech evolved. He saw that bitcoin was a settlement layer before that was a thing for the rest of us.
Man, I REALLY wish he was still here. He would be such a clear voice of reason, I believe.
+2 WOsMerit's
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A.Pompliano talked Jim Cramer into investing 1% of his portfolio into bitcoin.
https://podcasts.apple.com/us/podcast/383-jim-cramer-becomes-a-bitcoin-bull/id1434060078Pompliano plans to release a new podcast episode on Monday, 14th September, to feature how he managed to convince Cramer.
Cramer is one of the most respected and recognized individuals in the financial media sector, hosting the famous Mad Money show on CNBC media company.
Bitcoin Investment Hopes Rise
Cramers relationship with the top cryptocurrency has been quite erratic. In the past three years, he has been sending mixed signals concerning Bitcoin. In June 2017, Cramer claimed that Bitcoins price could hit $1 million. But he has also been critical, calling Bitcoin an "outlaw currency".
When Bitcoin was approaching its all-time high of $20,000 in December 2017, Cramer made a prediction that the launch of Bitcoin Futures by Chicago-based Cboe Global Markets Inc., would annihilate the largest cryptocurrency.
After Bitcoin fell below $6,000 in August 2018, Cramer said that the tide had turned against the cryptocurrency. He added, Im not saying its time has passed but there is a notion that the sun seems to be setting.
https://blockchain.news/news/cnbc-jim-cramer-changes-mind-buying-bitcoin+1 WOsMerit
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+1 WOsMerit #haikulord
sorry to hear that..condolences
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+1 WOsMerit
for having a soul
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+1 WOsMerit
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-snipped-
Working on it...
eyes start to cross and glaze over..
+1 WOsMerit
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Your not even going to whisper sweet nothings in my ear? ftfy!
+1 WOsMerit
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-snipped-
dunno if thats helpful or not. or if its just lack of caffeine and barely functioning brain cells typing this. heck took like 20 edits to make this seen even vaguely like a coherent post. i will stop typing now.
+1 WOsMerit
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Carry on.