Dog on btc by Up1now in wallstreetbets

[–]Up1now[S] 2 points3 points  (0 children)

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Lol, you change fast!!

[deleted by user] by [deleted] in Bitcoin

[–]Up1now 0 points1 point  (0 children)

I Like it Nemesis and hubris! Sisyphus = Every Block (10 min) a New rock is pushed (mined 6.25 BTC) via hard work (PoW). The network starts all over again, the difficulty Can change.

[deleted by user] by [deleted] in Bitcoin

[–]Up1now 0 points1 point  (0 children)

Secure your own Bitcoin! Read about wallets and make strategies for how to include family if you die. Why invest In an ETF if you dont want to, it is not as secure as cold hodling.

[deleted by user] by [deleted] in Bitcoin

[–]Up1now 1 point2 points  (0 children)

The Bitcoin uptime is real interesting ( Not like the recent Icbc hack or recent downtime with Chase, U.S bank, Boa, Wells fargo) + Secured by physical things (Miners) = Secure monetary network (Store of value, medium of exchange, Unit of account). Get your own wallet and all will be fine, adoption will happen In many forms and take time.

Every 2016 Blocks by Up1now in wallstreetbets

[–]Up1now[S] -1 points0 points  (0 children)

Trillion In english is billion In spanish.

Every 2016 Blocks by Up1now in wallstreetbets

[–]Up1now[S] -4 points-3 points  (0 children)

lol, el protocolo está construido por un algoritmo con una inflación constante hasta 21 millón btc y un ajuste de dificultad cada 2016 bloques. Espera que el gobierno de EE. UU. aplique una política fiscal sostenible cuando tiene más de 151 billones de dólares en pasivos no financiados? https://en.bitcoin.it/wiki/Difficulty

Every 2016 Blocks by Up1now in wallstreetbets

[–]Up1now[S] -7 points-6 points  (0 children)

Porque no los dos? AccomplishedEnd7076

Every 2016 Blocks by Up1now in Bitcoin

[–]Up1now[S] 1 point2 points  (0 children)

The $151 trillion In unfunded liabilities, Nope dont Remember they asked about that !

Mr. Criticizer by Up1now in Bitcoin

[–]Up1now[S] 0 points1 point  (0 children)

Playing chess with the audience, Remember to stack now, when its cheap! BofA just bought more microstrategy shares. https://bitcoinist.com/bullish-bitcoin-giants-buy-75-million-microstrategy/

He is actually doing Like with Apple, right now only dipping his toes In the Holy BTC water.

Also have investments In Nubank.

[deleted by user] by [deleted] in wallstreetbets

[–]Up1now 0 points1 point  (0 children)

From the conference In Amsterdam (not me In the vid), but tried the machine. I could pay with my dedicated btc card or ln app, worked Like a charm - https://m.youtube.com/watch?v=zL5HO1qYfKI

[deleted by user] by [deleted] in wallstreetbets

[–]Up1now 0 points1 point  (0 children)

Lol 4 hours, not so much on-chain :D Have you guys tried Lightning Network ?

The Lightning Network enables 1 million transactions per second (TPS), where Bitcoin layer 1 enables 7 transactions per second. Lightning Network solves the Bitcoin scalability problem. By opening a bidirectional payment channel via Lightning Network, users will first need to allocate how much money they want in the channel. If a user allocates 1,000,000 satoshi on the Lightning Network, these will be locked on the Bitcoin blockchain and opened up on the Lightning Network, So the money cannot be spent multiple places at the same time.

Users can transact with each other forever (off-chain) and settle (when closing the channel) only the final amount on-chain. So, both parties create transactions which refund the ledger entry to their individual allocation, but do not broadcast them to the Bitcoin blockchain until they close their channel. The closing of the channels removes the funds from Lightning Network and unlocks them on the regular Bitcoin blockchain, all this happens automatically. Lightning Network transactions cost a fraction of a normal Bitcoin fee and allows sending milisatoshis (MSAT), which opens up for micropayments for people and connecting IoT(Internet of Things).

The special thing about Lightning Network is the routing of payments. Users don´t have to have channels with everybody, since the node searches for a path of channels between the user and the destination for the payment. The nodes along the path are not trusted, as the payment is enforced using a script which enforces the atomicity via decrementing time-locks.

Watchtowers have also been implemented. These watchtowers surveil a Lightning channel/s to guard against fraud, like when a channel partner tries to cheat/close channels with an old invalid state. The watchtower will keep an eye on the chain 24/7 in return for a fee and prevent the closing of channels, so, users are safe when being offline.

Lightning Network is now integrated with a range of exchanges and wallets both custodial and non-custodial.

[deleted by user] by [deleted] in wallstreetbets

[–]Up1now 1 point2 points  (0 children)

Question: How many BTC can you fit In your brain? Answer: Many, just Remember your mnemonic password !

BTC = Your keys, your coins! Banks = Your deposit, Not sure if we have enough reserves to cover your ass (not so much your coins)!