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0 sats \ 0 replies \ @OT 6h \ parent \ on: MicroStrategy - LETTER FROM OUR EXECUTIVE CHAIRMAN (PRELIMINARY PROXY STATEMENT) news
All I know is they aren't getting any of my sats!
That's a massive increase in shares. I don't pretend to know what it means though. I'll guess they want to keep doing what they're doing now.
I think this is the better option in the end. There could be an 80-90% drop with some hodlers thinking the Patoshi coins moving is a deal breaker. The market would eventually recover as you said, the supply never changed.
Rolling back the chain would cause a fork IMO. It would also be a deal breaker for some and it would imply that Bitcoin was not as decentralized as everyone thought. The market might not recover from a roll back.
Most of the supply has been mined already (>90%). So this situation wouldn't be as catastrophic IMO, unless if course you're a large asic miner!
The community would have some time to react and figure out how to deal with this.
The MSM's in Australia do all the same stuff. They always have to mention SBF and now its all about Trump.
To anyone interested in bitcoin their lack of knowledge shows.
Doesn't bitcoin fix this like the narrative on the US bitcoin strategic reserve pays off their debt?
Its quite a difficult task to do your own. Good that you have started thinking about it. You basically need a way for your heirs to be able to access your keys if you were to pass, but not before it. Getting your heirs to learn a few things about what kind of wallet you're using while you can would help a lot.
The simple solution is just to use unchained or casa I guess.
In Western Australia you need to register and some "moderators" come out to check in on the childrens progress. I'll be dealing with this in a few years. I like the idea of homeschooling and I think we're in a good position to do it.
Wasn't Alaska acquired?
There's lots of land in Australia that gets bought up by foreign companies/countries.
Hard for me to pin point anything in particular, I like to think I'm always learning.
Might not be related but with SN forcing us to set up our own LN wallets I have found NWC to be a game changer. I still have some issues with it, but being able to zap small amounts from my node gives me a lot of confidence that LN will grow and succeed.