deathdisco - decentralisation maxi

If you cannot be critical of other countries laws to the point that you would actively disobey and break them, you do not deserve or understand bitcoin. You deserve tyranny. ...and you're an intellectually dishonest coward to be honest.

@ShireH0DL They can, the trick is not to give a shit.

I miss great Andreas takes

How can anyone look at the news of what happened with Samourai Wallet today and still consider the united states to be the 'good guys'?

@Andr3wJackson @playmatejaylene @hundehausen HAHAHAHA yeah good idea - fixing the problem by going to the problem and asking nicely.

@playmatejaylene @hundehausen Go and speak to your Government representative, they are the ones making the rules (and enforcing them) they are the catalyst

Trying to withdraw cash from the bank in Australia has become a joke 💀🇦🇺 Next time they ask you why you’re withdrawing, just let them know 🫠

If i had more interest, I would be starting a Switch emulation project right now. Honestly I'm pirating switch games because running them on an official switch at this point is totally unethical. Nintendo are a bunch of clowns who need antagonism.

@Hodlcat21 hey guys! I just added two numbers together and got a REAL ANSWER! How many other secret addition combinations might I come across if I keep going? this is like watergate only for math!

Oh boy

@NeilJacobs Don't pay attention about crypto (even bitcoin) to anyone with a social media account. Read technical or educational information on the tech or economics only. Literally every social media account is full of shit.

What lessons did you learn from the previous Bitcoin bull market that you would share with newcomers to consider in this current Bitcoin bull market? #Bitcoin

@TwitVn03052011 @investing_law @RobertMSterling @HCapitalLLC In international relations theory this viewpoint is called realism. There are countless examples of hardline realist societies that collapse anyway, in fact, 100% of the time. They all had the arrogance you do. You're objectively wrong.

@investing_law @RobertMSterling @HCapitalLLC We didn’t default in the 70s, just stop the guild standard. We won’t default this time either. Tanks and bombs solve this. All hail America.

@RobertMSterling Check this out from @HCapitalLLC. "Since 1800, 51 out of 52 countries with gross government debt greater than 130% have defaulted, either through restructuring, devaluation, high inflation or outright default."

@investing_law @RobertMSterling Yes, but this sometimes manifests as a currency collapse. Unstoppable inflation and currency collapse are essentially the same thing.

I am no expert, but historically it typically ends with sustained inflation to indirectly reduce the debt burden. It’s happened untold times throughout history. A nominal default (where the gov just refuses the pay) is technically possible but, I suspect, quite unlikely. Reduced spending or increased taxes are also an option. But I think printing/inflation is the most likely outcome.

This is the scariest chart I’ve ever made. This is what it looks like when a country is heading toward a financial precipice. Each color shows $1T getting added to the national debt. Not that long ago, it took six years to add a bar. We’re now adding one every 90-120 days. The explosion of debt has been the only bipartisan phenomenon of my lifetime. For us conservatives, we can’t blame it on just Biden and Obama. For you Democrats, you can’t put this on just Trump. It’s both parties, all presidents, and every Congress. The acceleration started under George W. Bush. Bush went into 2002 with less than $6T of debt. Thanks to GWOT military spending and tax cuts we probably couldn’t afford, $6T grew to $7T in 23 months, $8T in another 21 months, and $9T in 23 months. Then the Great Recession hit. We added the next trillion in 13 months, crossing $10T for the first time in American history. And we haven’t looked back since. During the second Obama term, with spending reined in by the Tea Party movement, annual deficits reduced to less than $1T, and growth in the debt slowed down. At the end of Obama’s tenure, it took nearly 20 months to go from $19T to $20T. That would be the last time it took a full year to add a trillion dollars to the debt. In 2017, a real-estate developer got inaugurated as president. And, if there’s one thing we all know—and love!—about real-estate investors, it’s that they understand the value of leverage. Under Trump, even as the economy surged, deficits grew, and national debt once again spiraled. We ended 2019 with a little over $24T in debt. Then Covid hit, along with consumer stimulus, PPP loans, massive government spending, and reduced tax receipts. Over just two months in 2020—April and May—we added $2T to the national debt. Ever since, we’ve been adding $1T every 160 or so days. With Biden in the White House and a narrowly divided Congress, we’re now adding $1T to the debt every three to four months. It took just 91 days to go from $32T to $33T. 104 days to get to $34T. And it’s not slowing down. Biden has another 300+ days in office this term. When he or Trump enters their second respective term in office in 2025, the debt will likely be above $37T. Where does it end? As deficits continue to pile up and borrowing costs remain relatively high compared to where they were over the previous 20 years, how is any of this sustainable?

@RobertMSterling Not really scary unless you're an american. Then... well.. hopefully you left the country and got a job in another country a decade ago.

If you have never tried or considered being in a throuple, or frown upon it, you might be kind of ignorant. Two people is objectively an inferior configuration for a relationship. Hope I triggered you now go date two people and stop crying.

@bensimpsonau And then imagine cashing in and losing 50% to capital gains because you're too weak to stand up to bullies, essentially giving it all right back to the enemy who created the broken system to begin with.

Imagine saving cash to lose 10% a year with inflation. Then to buy a property and give your salary to the bank to pay for interest for 30 years. Can just buy Bitcoin and be +170% in a year. Simple game isn’t it?

Whatever your stance on big government, capital gains tax is a slap in the face to everything government was built to protect. If you don't agree you just flat out don't know history.

I no longer trust people who automatically think that 'illegal' means 'wrong'. It is obvious society is a selfish gene that only seeks to propagate itself. Every construct of it is self serving including what we choose for our laws. They are mostly but nowhere near entirely just.

@julitoaduran @Arthur_van_Pelt yes, yes it does. (programmer for 35 years)

@Arthur_van_Pelt not knowing about unsigned integers does not prevent someone knowing how to code.

Craig is now being asked (by the lawyer of the Bitcoin developers) about the initial Bitcoin source code, line by line. 😬

@hodlonaut I generally take this attitude also. Happiness is a side effect of gratitude. I just also believe that this world has an imbalance that rewards truly bad people. Doesn't mean we should be that way ourselves.

@_deathdisco_ I grew from it, so didn’t harm me 😊

"I will personally hunt every dev until they are broke, bankrupt and alone" "Most BTC devs will fold. A few will be bankrupted, lose their families and collapse" "They will experience torment" "The wonderful thing with discovery is that I'm going to go through every little aspect of every Dev's life" "I am the punishment of God in cryptocurrency. If those had not committed great sins, God would not have sent a punishment like me upon them." All quotes from Craig Wright. Oh, how things have changed... 10 days to go before COPA.

@hodlonaut I truly hope you're right, but my guess is he will end up publicly shamed a bit, and make excuses to himself about why everyone else is wrong and still have a mild fortune to live his life on. Meanwhile the anguish you endured is huge, because of this asshole.

@_deathdisco_ We disagree on this :)

While everyone is scrambling to build a decentralised peer to peer ad hoc mesh network, apple quietly went and did it with the Find My network. If only they could harness their power for true good instead of "mildly interesting totally proprietary apple product stuff".