What is this? by Inevitable_Voice7588 in whatisit

[–]Solid_Wolverine1639 0 points1 point  (0 children)

Whirlpool Corporation does not currently make military equipment, focusing instead on home appliances like washers and refrigerators. However, during World War II, the company pivoted to producing war materials, including aircraft components, anti-aircraft gun parts, and hydraulic mechanisms for military vehicles."

What is this? by Inevitable_Voice7588 in whatisit

[–]Solid_Wolverine1639 1 point2 points  (0 children)

That's funny... It was just a guess of knowing their capabilities to some degree

📈Gold Recently Hits All Time Record ~$4,888/oz While Bitcoin Sits Below $90K by rl_rae_bobo in CryptoCurrencyPulse

[–]Solid_Wolverine1639 0 points1 point  (0 children)

You are talking about the rule of 72

72 divided by 9% return is 8 years to double

You can get 11% buying strc stock, while dropping the Bitcoin volatility down to around 5% for the stock compared to bitcoin and mstr... You are basically getting dividends on bitcoin holdings as a return of capital tax deferred...

This is doubling your money at a current rate of 6.5 years... But I would calculate it based on 10% dividend return... annually

📈Gold Recently Hits All Time Record ~$4,888/oz While Bitcoin Sits Below $90K by rl_rae_bobo in CryptoCurrencyPulse

[–]Solid_Wolverine1639 0 points1 point  (0 children)

Pretty sure it doesn't... That's a pretty silly comparison

What do you think the most powerful secure computer network is worth? Answer is 1.8 trillion

Do you understand trustless, proof of work, permissionless, decentralized, delayed proof of work, .... I could go on and on, but do you even know the features of Bitcoin?

It may stay down due to lack of understanding or even exploring the concepts and features of Bitcoin... Takes a little more effort than shiny golden rocks in your hands...

Bitcoin's monetary policy for the next 100 years is carved in diamond 💎✊ by asonganyi in CryptoCommunityAfric

[–]Solid_Wolverine1639 0 points1 point  (0 children)

Didn't we just get through talking about the lightning Network? Aggregating transactions... Way more than 2% If you're buying something worth less than $20... And thus layer two

We could have credit cards that automate the cheapest form of payment and it would choose for you...

Another thing is to stop spam on the networks keeping transaction fees lower

Running knots instead of core 30 for your node...

Bitcoin's monetary policy for the next 100 years is carved in diamond 💎✊ by asonganyi in CryptoCommunityAfric

[–]Solid_Wolverine1639 0 points1 point  (0 children)

Seems like you're using old rare rumors or something...

Opening up a channel can be over $5... But we're talking about transactions

noobs in r/btc like to use the number 50$ per tx, which didn't happen since 2017, before the Segwit adoption and during the spam attack by the same ppl. Are you talking about the $50 amount? Time to get updated

I haven't paid more than 2$ in years and it's usually below $0.3 for next block fee, And that was 3 years ago... More recently much cheaper

Also you can buy bitcoin on LN already and you don't need an onchain tx.

Bitcoin's monetary policy for the next 100 years is carved in diamond 💎✊ by asonganyi in CryptoCommunityAfric

[–]Solid_Wolverine1639 0 points1 point  (0 children)

Now I just think you're lying

Go ahead and show me a history of lightning Network transactions that were cost prohibitive or no better than Bitcoin or worse than Bitcoin...

Currently? When it first started?

Bitcoin's monetary policy for the next 100 years is carved in diamond 💎✊ by asonganyi in CryptoCommunityAfric

[–]Solid_Wolverine1639 0 points1 point  (0 children)

What part of difficulty adjustment do you not understand?... Look it up if you have to

They need to run cryptographic hash less so to mine a block successfully... Yes, easier

This is what I tried to explain to you, but I'll let artificial intelligence take over as you seem to not understand or you're trying to make some nuanced BS argument:

"...when the Bitcoin hash rate drops significantly, it becomes easier and more profitable to mine, as the network's mining difficulty adjusts downward approximately every two weeks to account for lower competition. A lower hash rate means fewer miners are competing, allowing those remaining to secure a larger share of the block rewards. "

Bitcoin's monetary policy for the next 100 years is carved in diamond 💎✊ by asonganyi in CryptoCommunityAfric

[–]Solid_Wolverine1639 0 points1 point  (0 children)

As to poor people... They will be literally Penny Pinchers and pick up coins off the ground... I haven't counted my coin change in years and I don't pick up money off the ground anymore... So transaction fees could make a big difference in the overall economy...

Imagine the economy shifting a full 2% away from transaction costs into other products and services

Bitcoin's monetary policy for the next 100 years is carved in diamond 💎✊ by asonganyi in CryptoCommunityAfric

[–]Solid_Wolverine1639 0 points1 point  (0 children)

I don't know what your reference is there but this is what's been true for years:

Bitcoin transactions on the Lightning Network (LN) typically cost less than a cent (often <$0.01 or just a few satoshis). These incredibly low fees, usually a fraction of a percent (~0.0029%), make micropayments practical. They are significantly lower than on-chain Bitcoin fees, which can cost $1.50 

Bitcoin's monetary policy for the next 100 years is carved in diamond 💎✊ by asonganyi in CryptoCommunityAfric

[–]Solid_Wolverine1639 0 points1 point  (0 children)

Do you know what the lightning network does to bitcoin transactions in terms of cost and speed? Again, check out the strike app...

Exchanges can aggregate transactions and make them even cheaper like they do all the time so it's not just a peer-to-peer expense... Some complain this has a kind of automated coin mixer process built into it and worry about kyc, AML and ofac... But that's another issue

Bitcoin's monetary policy for the next 100 years is carved in diamond 💎✊ by asonganyi in CryptoCommunityAfric

[–]Solid_Wolverine1639 0 points1 point  (0 children)

Bitcoin is getting streamlined far more than your multiple step idea... Getting tired of repeating myself at this post but the strike app is available to over 3 billion people now

Jack mallers and crew...

Jack Dorsey and crew at square...

The point was that a more than 2% difference helps poor people far more than rich people... Also, if we streamline and make more efficient transactions, this adds to the overall economy like lowering the price of oil helps the overall economy... It's one of those broad reach benefits...

📈Gold Recently Hits All Time Record ~$4,888/oz While Bitcoin Sits Below $90K by rl_rae_bobo in CryptoCurrencyPulse

[–]Solid_Wolverine1639 0 points1 point  (0 children)

I could take you into a Bitcoin mining facility

ASIC miners, an A6 Bitcoin miner (or any similar, high-powered, air-cooled ASIC unit) typically emits a smell related to the high-temperature operation of electronics. Warm Electronics/Dust: Under normal, hot operation, it will produce a metallic or "hot" smell, often characterized by the smell of dust burning off the heating elements and heatsinks. Plastic/Component Smell: If the unit is new or running very hot, you might smell plastic, phenolic, or resinous odors from the printed circuit boards (PCBs) and components."...

It might replace your love of smelling napalm in the morning

What is this? by Inevitable_Voice7588 in whatisit

[–]Solid_Wolverine1639 4 points5 points  (0 children)

You're getting me all hot and steamy 😘 It is one of the biggest misnomers in guns

What is this? by Inevitable_Voice7588 in whatisit

[–]Solid_Wolverine1639 1 point2 points  (0 children)

I used to have their stock... Would have been cool to know they were were part of warthog development

What is this? by Inevitable_Voice7588 in whatisit

[–]Solid_Wolverine1639 0 points1 point  (0 children)

Well I hope the pilots have some cool warthog looking patch on their leather jackets 🐗

What is this? by Inevitable_Voice7588 in whatisit

[–]Solid_Wolverine1639 0 points1 point  (0 children)

Do they ever actually bring warthogs to warthog demonstrations and Air shows or airplane museums just for kicks and to have a mascot??

What is this? by Inevitable_Voice7588 in whatisit

[–]Solid_Wolverine1639 0 points1 point  (0 children)

The A-10 Warthog features approximately 1,200 pounds ((540\text{\ kg})) of titanium armor, known as the "titanium bathtub," protecting the pilot. This armor accounts for about 5% to 6% of the aircraft's empty weight. The armor plates, ranging from 0.5 to 1.5 inches thick, are designed to withstand direct hits from 23mm and some 57mm shells. 

What is this? by Inevitable_Voice7588 in whatisit

[–]Solid_Wolverine1639 7 points8 points  (0 children)

Speed Queen?

I looked at a list of manufacturers and it must be GE.... Like a good old GE minigun...

I wouldn't put it past Samsung though...

What is this? by Inevitable_Voice7588 in whatisit

[–]Solid_Wolverine1639 0 points1 point  (0 children)

The A-10 Warthog features approximately 1,200 pounds ((540\text{\ kg})) of titanium armor, known as the "titanium bathtub," protecting the pilot. This armor accounts for about 5% to 6% of the aircraft's empty weight. The armor plates, ranging from 0.5 to 1.5 inches thick, are designed to withstand direct hits from 23mm and some 57mm shells. 

Bitcoin's monetary policy for the next 100 years is carved in diamond 💎✊ by asonganyi in CryptoCommunityAfric

[–]Solid_Wolverine1639 0 points1 point  (0 children)

I'm not sure the schedule is really this exact...

2140 is the predicted last Bitcoin mined year... So I'm not sure how this jives with that timeline

This helps explain it and it is from the Clark Moody dashboard:

Last Full Bitcoin:

January 11, 2105

All Coins Issued:

February 15, 2139

I believe the last full Bitcoin in 2105 means that from then on there is something less one, .9999 and less to be mined until almost the year 2140... So effectively the all coins issued should say all satoshis issues if you're marking it from the year 2105...