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Showing 4 of 4 results by Banana_mufn
I have a Pi 4 8GB running the latest Raspbian.
When I run the GUI client I get a lot of inbound connections, passing gigs per day to other nods.
When I run only the bitcoind daemon it wont all take any inbound connections.
When I run the GUI client I get a lot of inbound connections, passing gigs per day to other nods.
When I run only the bitcoind daemon it wont all take any inbound connections.
I just got my own node running but the only wallet I can find to do this is Electrum which can't properly import my existing seed.
I'm about the break out some tools and start building my own app here.
I'm about the break out some tools and start building my own app here.
It won't ever replace FIAT.
Fiat can scale infinitely because it is centralized. There are zero bottlenecks with FIAT.
If some magic happens and Bitcoin replaces FIAT however, it would be same as FIAT without any physical bank notes...
Bitcoin supply is limited and it is cornered by a few people. It would be total chaos and the governments would fall and the next world war would begin.
Fiat can scale infinitely because it is centralized. There are zero bottlenecks with FIAT.
If some magic happens and Bitcoin replaces FIAT however, it would be same as FIAT without any physical bank notes...
Bitcoin supply is limited and it is cornered by a few people. It would be total chaos and the governments would fall and the next world war would begin.
I could see a government holding it in reserve and issuing fiat agents it same as gold or any other reserve.
The advantage is that you can always prove you have the reserve by publishing the public key.