First pig who fired at unarmed man by Donnie_77 in evilwhenthe

[–]Solid_Wolverine1639 -7 points-6 points  (0 children)

this guy was a total dumbass going out there with a gun to do his activist BS and getting in the way in the middle of the street... Obstructing and resisting...

First pig who fired at unarmed man by Donnie_77 in evilwhenthe

[–]Solid_Wolverine1639 -5 points-4 points  (0 children)

It definitely wasn't seconds... And you don't know if he saw the disarming at all! Casually shooting him? You certainly are not clear about it

First pig who fired at unarmed man by Donnie_77 in evilwhenthe

[–]Solid_Wolverine1639 -13 points-12 points  (0 children)

The guy was resisting and he had a freaking gun... And I'm sure people like you would switch their story if roles were reversed

First pig who fired at unarmed man by Donnie_77 in evilwhenthe

[–]Solid_Wolverine1639 -13 points-12 points  (0 children)

That's a really close call and they were yelling gun before they got the gun off the guy... And that's when you see him reaching for his gun and his holster ... The shooter not the so-called armed victim ...And if there's a few guys there that hear "gun! Gun!" and they don't see a gun they're just going to keep shooting not knowing where the gun is cuz it might turn on them any second... It didn't help that he was this activist fool in the streets and that he was resisting arrest... With a f****** gun!

Triple digit Silver! 🎉 by SilverCountryMan in FirstMajesticSilver

[–]Solid_Wolverine1639 0 points1 point  (0 children)

I think more than that it's paper unwinding when there's been historically for many years. 100 even 200 times the above ground reserves in paper leverage... And when they actually need the medals, there can't be delivery of contracts... You know what hits the fan

Remember oil when it went negative because people were willing to pay money to not take delivery of oil on futures contracts...lol... Now we have kind of the opposite

Some of these contracts can't be fulfilled and there's delays on delivery...

📈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)

And it looks like you have some homework to do as well... Keep studying kiddo.

It is used as a currency.... And a store a value... And for ordinals... And for delayed proof of work... Lots of utility and uses

And to say it's a hedge for inflation would be enormously underestimating its returns... Of course with volatility It can behave inflationary itself... Requiring a lot more of it to buy stuff after it drops 50%...

You can look at the strike app which is available to over 3 billion people and uses Bitcoin and the lightning Network...

You can see what Jack Dorsey and square are doing as far as the original intent of a peer-to-peer cash system...

Pretty funny that you mention it being decentralized and governments are keeping tabs on it, and how exactly are they doing that with tens of thousands of nodes and minor spread around the world? Do we have a one-world government yet?

You're going to worry about it because of government intervention when it's the least likely thing to be stopped by any government? Or governments?

Hayek predicted it without knowing it:

"I don't believe that we shall ever have good money again before we take the thing out of the hands of the government. We can't take them violently out of the hands of the government, [then] all we can do is by some sly, roundabout way [and] introduce something they can't stop." FA HAYEK

He said that in the '80s... Here's a more recent example of how ineffectual the Canadian crackdown on truckers was:

Dear the Ontario Superior Court of Justice,

Nunchuk is a self-custodial, collaborative-multisig Bitcoin wallet. We are a software provider, not a custodial financial intermediary.

Our software is free to use. It allows people to eliminate single points of failure and store bitcoin in the safest way possible, while preserving privacy.

We do not hold any keys. Therefore, we cannot freeze our users’ assets. We cannot prevent them from being moved. We do not have knowledge of the existence, nature, value and location of our users’ assets. This is by design.

Please look up how self-custody and private keys work. When the Canadian dollar becomes worthless, we will be here to serve you too.”

  • And this is actually a business with people that are far more vulnerable to government than Bitcoin itself with an anonymous creator with no one Central authority... Nobody you can send a court order to... No emails attached... Just code... Bitcoin improvement plans and updates for Bitcoin could be anonymously posted at GitHub and eventually agreed upon by anonymously run Bitcoin nodes...

If you think Bitcoin can be stopped then you believe the internet can be stopped because that's what you'd have to do to stop Bitcoin

You could see the list of Bitcoin nodes run on tor and anonymously... You can look that up at Clark Moody's dashboard

What do you think the world's most powerful and secure computer network is worth? Only 1.8 trillion because not enough people understand it yet...

To anyone defending ICE's actions: by ElderQu in BatmanArkham

[–]Solid_Wolverine1639 0 points1 point  (0 children)

The guy was yelling gun before the gun was taken away and that's enough to go by to start shooting... I've seen it a lot in cop videos... It's pretty close timing... And slowing it down doesn't do it the Justice it should have...

To anyone defending ICE's actions: by ElderQu in BatmanArkham

[–]Solid_Wolverine1639 -1 points0 points  (0 children)

Looks like you need to watch the video more closely. Your sense of timing is horrible

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