20 sats \ 1 reply \ @IHL 7 Sep 2023 \ on: The Next Crisis? The Government Is Ready 4 Lockdown, can’t stop Bitcoin bitcoin
Article does not mention Bitcoin.
As already mentioned sideshift.ai absolutely works but it needs to send to a bitcoin address and not lightning.
Edit: only ever used it to dump some old ethereum. No kyc of any kind including no email address. Dead simple.
Just buying BTC is my preferred method. Otherwise am I going to put my money on Binance? Last I checked you could short BCH on Deribit but I doubt they touch bsv. Afaik, Deribit isn't available to Americans though.
Bought a couple of jerseys and some memorabilia paying with lightning at the Canadian Bitcoin Conference. Also, use it to pay for my VPN and bought my Umbrel with it.
I was there as well and there was so much enthusiasm from locals. Great to see the city has such a thriving base of hodlers/accumulators.
381 sats \ 1 reply \ @IHL 27 May 2023 \ parent \ on: [Canada] What are your plans for civil unrest? bitcoin
My language was imprecise so let me change it to amazingly cheap if it will help advance the conversation.
I was thinking specifically about the EROI of nuclear generated electricity. It is actually staggering. I know it doesn't scale up and down with demand and we would still most likely use natural gas generated electricity to fill in the gaps during peak usage. That or just power down all the ASICS!!
It is my understanding that over the life cycle ICE are less energy intensive than electric batteries and it is more or less destined to stay that way so I don't see us moving away from fossil fuels. Also, there seems to be no alternative for the chemicals/fertilizer and other uses. So, I'm in no way suggesting we start to meaningfully move away from fossil fuels.
To return to my point in the original reply, I am hoping Canada can make smart decisions with respect to generating nuclear power—a technology we are a actually a leader in—that gives us a huge competitive advantage against economies that don't turn to this technology. If that is the case, our decline relative to the alternative scenario where we do not fully embrace it may be much less dramatic.
Hopefully that makes my perspective more clear for at least some people.
If we go all in on nuclear and have almost free electricity things can be not quite as bad as they look like they will be. Actually a bunch of promising moves in that direction.
As for dealing with a worse situation, financially prepare and prepare by getting used to a very minimalist lifestyle. The lifestyle part has always been my natural disposition anyway. Won't stop difficulties but will make living through them a less trying experience.
Sorry, I have no secrets to reveal on how to skate through living in a prolonged or continuous/open ended/indefinite period of economic decline.
Edit: No time to really add much about how bad it could get. I guess just pick a country that has seen some decline by various measures and compare it to that. Highly unlikely we are going to be Zimbabwe anytime soon but not sure which country's experience might be the most likely parallel. Maybe Greece?
Lol, it was working earlier yesterday.
Now even when I give it a link to a mempool resource it says it is not programmed to assist with that. Things obviously change quickly.
According to bard.goofle.com :
A 2 sat/vb transaction on the Bitcoin blockchain will likely take several hours to confirm right now. The current median fee rate is 10 sat/vb, so a 2 sat/vb transaction will be prioritized lower than other transactions. It is possible that the transaction will be confirmed sooner if the mempool clears, but it is more likely that it will take several hours.
What is Bitcoin and what is HODL? I've been in a lot of boating accidents though so I can talk about those if you are interested.
Routing fees. If you want you can charge for facilitating sending sats using your channels. Almost all channels do this.