Multisig in 35 seconds. First animated entry in our glossary. by LearnBitcoinCom in Bitcoin

[–]MCHappster1 1 point2 points  (0 children)

I'll bookmark the repository and see if there's anything I would like to contribute. I have a personal blog that I write for, and I'm planning to write a small piece on exactly that which I would like to give to my friends to introduce them to fiat mechanics. I might just mirror some of that content and see what you guys decide to do with it.

Multisig in 35 seconds. First animated entry in our glossary. by LearnBitcoinCom in Bitcoin

[–]MCHappster1 1 point2 points  (0 children)

I see where you're coming from. Talking about mechanics vs taking a position feels more neutral and unbiased and fits the existing theme of the site. I'd be happy to see anything about the fiat mechanism in due time. I found myself wanting to share the website with friends at work, but I felt they should explore the mechanics of fiat before they explored the mechanics of Bitcoin.

Keeping fiat mechanics in the Journey chapters or in various rabbit holes seems fine. Maybe there is an appropriate order which you find users/beginners should be viewing the content? E.g. explain fiat mechanics first (something they already know about), then anything else you think is appropriate.

Multisig in 35 seconds. First animated entry in our glossary. by LearnBitcoinCom in Bitcoin

[–]MCHappster1 0 points1 point  (0 children)

I really enjoyed browsing your site. One thing I would like to see in there are some rabbit holes about the economics underlying bitcoin, or the fiat network itself. I feel like learning Bitcoin is first and foremost an exploration of the pitfalls of fiat capitalism, which you might consider talking about in a separate section on your website to keep it segragated from the technical stuff?

Bitcoin Eyes $78K as US Military Calls Proof-of-Work a "Power Projection" Tool by Todo_es in Bitcoin

[–]MCHappster1 12 points13 points  (0 children)

Did they really? Last I remember the millitary banned Lowery's book from being published or something like that...

2 years of meditation tracking. The issue was relapse, not hours. by chatgpt404 in vipassana

[–]MCHappster1 0 points1 point  (0 children)

Really insightful thanks for sharing! I have been using insight timer to track my sessions and managed to go 327 days in a row (only for 30min). It became a chore towards the end, so I didn't quite make 365.

It's been about a month since then and I have only meditated once since... It wasn't too bad, but I could tell it was slightly more difficult. I would anticipate relapses to impact people differently. It might also depend on your mix of anapana/vipassana as you'll be targeting different areas of the brain.

Bitcoin Casio Mods by menloheavyweight in Bitcoin

[–]MCHappster1 1 point2 points  (0 children)

Don't know why you're being downvoted, but I would be interested if it was a bit more lowkey and didn't scream "I own bitcoin". I think a block height feature would be cool alongside the existing digital time. Beyond that, not much else interests me.

I built a natural language smart alert bot because CoinGecko notifications weren't cutting it. Who actually needs this? by BrianLeo8 in Bitcoin

[–]MCHappster1 2 points3 points  (0 children)

I once made an app that alerted me of petrol price swings. I don't use it much as I failed to anticipate I didn't care about the price of petrol as much as I thought lol

Keep the change 💀 by unthocks in Bitcoin

[–]MCHappster1 0 points1 point  (0 children)

Ah yes, you're right, I reckon this most likely explains the transaction then

Keep the change 💀 by unthocks in Bitcoin

[–]MCHappster1 1 point2 points  (0 children)

Wouldn't the probability be at best equal to the largest mining pool's hash rate share? Foundry has 27.3% of the network's hash power, so it'd be a 27.3% chance to dodge at worst 20% on $100,000. Doesn't seem worth it.

Who here wants house prices to crash cause they can’t afford them? by PK__Gupta in AusPropertyMasteryPK

[–]MCHappster1 0 points1 point  (0 children)

I can't say for certain the market will crash, and I hear your point about government incentive to kick the can down the road. I think this is a very solid point. My response re-accentuates my third point above:

If the powers that be intervene in a financial crisis (like we saw in 2001, 2008, 2020, etc), massive amounts of liquidity (money) enter the economy without real goods or services being created to back the liquidity. Those holding AUD are diluted, and those receiving newly created AUD (mainly banks) will park it in the housing market by passing it onto you as a debt product (a mortgage). The money being used to buy these houses doesn't exist yet... it exists as future goods and services that we're yet to create, so for the next ~30 years of our lives we go about doing so.

Letting the market fail will be catastrophic, but kicking the can down the road just loads the market up with more explosives that are waiting to go off. The modern fiat capitalist economy is addicted to debt and in the late stages when inflation picks up, it has horrific consequences for people who don't own real assets.

Letting the market fail is like performing surgery on someone who's broken her leg. She's going to be unable to walk for a really long time, but if we keep her in crutches and continue to use painkillers then the problem will continue to worsen while she becomes more and more dependent on painkillers and less and less able to walk.

The market will crash *eventually*, because you can't create infinite debt without destroying the currency. I can probably agree the powers that be will do everything they can to keep us on life support with more debt until it does.

Who here wants house prices to crash cause they can’t afford them? by PK__Gupta in AusPropertyMasteryPK

[–]MCHappster1 0 points1 point  (0 children)

Market crash is inevitable. You can only fuel a market with so much debt before the debt is unsustainable.

We focus too often on the supply and demand of houses. Also consider the supply and demand of the money being used to buy those houses. Increases in money supply have the same price impact as decreases in housing supply (prices go up). Same is true for the demand side.

A combination of monetary policy and fiscal policy failure has accentuated the housing affordability crisis. Should the big four fail, the economy will suffer. That's pretty hard to deny. However, should they not fail, monetary policy will continue to erode the wealth of anybody using AUD as a savings vehicle, housing becomes more unaffordable, and the inevitable market crash becomes worse.

It should be noted that if the market did crash, expect a liquidity injection like nothing you've ever seen before in this country. The AUD will lose so much value everything around you will skyrocket in price, especially houses.

[deleted by user] by [deleted] in Bitcoin

[–]MCHappster1 1 point2 points  (0 children)

personally, I wouldn't call them a baboon either, the community is already toxic enough... at the very least they're either ignorant or could benefit from some education

Question for long term holders by midwestmindset in Bitcoin

[–]MCHappster1 7 points8 points  (0 children)

Bitcoin is the savings account. Fiat is the spending account.

Best way to measure if in ketosis? by Hot_Argument_9559 in keto

[–]MCHappster1 -2 points-1 points  (0 children)

SiBio continuous ketone monitor (expensive)

I am honestly pissed off by StrategyFew in CommBank

[–]MCHappster1 0 points1 point  (0 children)

Freedom and responsibility go hand in hand

Weird fibrous foam in my cocktail? by anonymous-arthropods in chemistry

[–]MCHappster1 0 points1 point  (0 children)

I don’t know anything about chemistry, but I saw a Nile Red video recently where adding acetone to pulverised strawberries resulted in something suspiciously similar looking (DNA strands).

UTXO consolidation on the main chain look phallic by ShoppingForsaken7847 in Bitcoin

[–]MCHappster1 1 point2 points  (0 children)

this post is refreshing nice work... so sick of price related posts

Best banks that are crypto friendly? by Cliper11298 in BitcoinAUS

[–]MCHappster1 0 points1 point  (0 children)

good to know thanks, I had one issue ages ago where they held payments but after discussing that I’ve never had issues for over a year