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0 sats \ 0 replies \ @ken 12 May \ parent \ on: What are some remote jobs that don't get offshored abroad? AskSN
Agreed. Buying bitcoin is something like buying time.
This guy will chop off your arm, help you stop the bleeding, and tell the newspapers he saved your life
Sit on Satoshi's coins while everyone convinces themselves that America is late
When internet money comes out of nowhere with American technology (SHA-256) at the center, you have to at least consider this possibility.
Just @ken's two cents
You're right - the bitcoin could have been prepurchased, and now they are slowly moving it into a new wallet. But this charade can't go on forever, obviously. They will either have to stop stacking or purchase more bitcoin, and we will be able to tell if the stacking stops.
I hope we see this more and more. I love the transparency.
El Salvador stacking a bitcoin every single day is so cool.
I find Pieter Wuille's argument to be quite compelling:
"The alternative is that millions of BTC become vulnerable to theft; I cannot see how the currency can maintain any value at all in such a setting. And this affects everyone; even those which diligently moved their coins to PQC-protected schemes."
The idea that millions of bitcoin will flow to a single thief (with immense resources, who wields a powerful supercomputer) is a bit unsettling. But I'm not totally sold yet - a lot of drawbacks.
@ek how are you counting comments?