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@025738dda8
stacking since: #286545longest cowboy streak: 1
91 sats \ 1 reply \ @025738dda8 2 Sep \ parent \ on: Is Capitalism Making Us Lonely? AskSN
Capitalism requires a working property ownership. The problem in the most of the world, including Europe, is that you have a feeling of working property ownership. However, the reality is different. You cannot use your property as you wish.
Think of a private company providing health services. Everything you do must comply with the state rules. Those regulations break your property rights.
Think of accomodation rental. You must comply with the state rules. E.g. you cannot get rid of your tenant that repeatedly breaks your property. Where are your property rights?
Big companies are connected to the state. They use money from state. If state makes new rules, they consider the big ones not the small ones. Are big companies privately owned? Maybe. Are they privately controlled?
A trade has two sides: goods/services and money. Money (non-bitcoin) are state-controlled, dictated, not very capitalistic. Thus, roots of something like half of all transactions are anti-capitalistic.
Where is the capitalism there? There is some, but not that much.
What about limiting fiat and not talk about it anymore? It seems to be much worse when it comes to the climate...
But does that mean that the sender must be online to get the token from the mint? Otherwise, how to obtain a token with my pubkey in advance?
I do not see any difference between sending cashu coins to a receiver with and without any proof.
The sender can send the same coins with different proofs to many senders. What they can verify offline? Nothing related to double spend.
Only the first receiver going online takes the coins. What is the purpose of such proof then?
Ah, so this paper is needed 3 times, each has its own seed however each contains xpubs of the others. Right?
Ok, that makes sense.
Isnt using a single seed for all private keys in a multisig setup defeating its purpose? I thought you should use 3 different seeds here...
I have very similar feelings about it and do not understand the nostr mania in the bitcoin community that otherwise prefers strong security and trustlessness.
Having your public identity bound to a private key that cannot be changed when leaked (or worse when stolen) is so stupid...
102 sats \ 0 replies \ @025738dda8 10 Jul \ parent \ on: carbon credit and bitcoin lightning lightning
checked and regulated capitalism ~ central banking (that's in strong relation)
We want unchecked and unregulated capitalism, because the checks and regulations are evil and bring the world into the real ill condition.
I doubt you are on the list in this case unless asking for explicit support. And in that case, please correct me, only your email is on the list.
It is influenced a lot if I am alone, or with interesting people, or with boring people. If there is something, usually people, that enriches me or if I am in a calm place, I do not need to use any digital things.
But it feels like it is more and more difficult to talk to/meet such people or being at such calm places. Anyway, communication with humans wins against the digital crap, at least for me.
Where does the gov cashflow come from? What does it mean near zero? It looks like some kind of perpetuum mobile...
To calculate the geographic profile of crypto flows, the entity-to-entity data are complemented by the geographic distribution of app usage of the respective exchange or the web traffic of a crypto exchange’s website. For example, if 56% of usage of the app of a specific exchange originates from the US, 56% of all crypto in- and outflows to this exchange are allocated to the US. By aggregating over all crypto exchanges, bilateral cross-country data are obtained. ... Figure A.2 in the Annex provides graphical evidence to affirm the accuracy of the approximated flows. Clearly, the pseudo-anonymity of the ledgers implies that a comprehensive attribution of transactions to users is impossible, such that a mapping of flows to countries will always remain an approximation. Even so, our measure of cross-border flows is tightly linked to the number of crypto exchange users at the country-level
Page 6+. There is more text explaining this.
Nobody knows which coins exactly are owned by Satoshi and which are owned by somebody else. So what soft/hard fork could we talk about...
If it is truely possible to live just from Prana and never eat and drink anything. Even if I know personally someone like that, it is not possible to prove that unless you spend every single second with that person. And even in that case, you cannot prove to 3rd parties.
What if there is a node/miner/watchtower in space somewhere in the middle between the Earth and Mars? The time to get to this middle point would be half from both planets. There can be more such floating nodes on 1/4, 3/4 of the distance to increase decentralization, reliability and probably even trust.
(Just thinking loudly.)