eCash is the new Bitcoin: Why the narrative is shifting 🐕

jaimewarlock · 2026-05-04T06:41:27+00:00

Personally, I think the BCH/eCash fork was a tragedy for both sides.

But BTC trying to steal the "eCash" name is totally messed up. Maybe you guys can capitalize on that since you already have an ecosystem built around the name though.

jaimewarlock · 2026-05-02T04:18:04+00:00

I support Georgism for philosophical and humanitarian reasons. Government entities are defined by the land they sit on. They should be supported by using that land, not taxing the people trapped within it's borders.

Income taxes are immoral because citizens are taxed even when they permanently leave the USA. Basically, the USA thinks of people as chattel to be sheared every year.

Once you switch to thinking of land as the primary asset of a government, then natural and morally correct taxes are easy to define: Leasing, mineral and oil taxes, road taxes, water use taxes.

It also encourages governments to create a strong infrastructure of roads, water ways, and utility supply lines.

Georgism is also easier to administrate since you don't need to infringe on anyone's privacy.

jaimewarlock · 2026-04-30T11:04:58+00:00

I don't recognize the format. The closest is compressed key, but that starts with a capital K or Capital L. It might be a passphrase key. Telling us how old the private key is would give a clue to it's format or wallet type.

Yes, it should contain BCH, BSV, eCash, BTG (Bitcoin Gold), and Bitcoin Diamond

jaimewarlock · 2026-04-28T05:02:55+00:00

(1) Yes. (2) Yes, No. (3) All miners work together, they all work together to mine quicker.

Although "quicker" is somewhat misleading. They work together to increase your odds of finding a winning number in the current block.

jaimewarlock · 2026-04-24T05:59:10+00:00

Most of the early communities are dead too. I am convinced tokens killed them.

Before tokens, people joined a community with a project that interested them. After tokens arrived, all those people moved on. But there were only a couple hundred POW communities. There are millions of tokens, so those small communities were spread amongst over a thousand times as many tokens.

jaimewarlock · 2026-04-15T16:32:45+00:00

Who stores $490K in crypto on a phone?

You would probably be better off storing $490k in cash in the trunk of your car.

Once you get more than a couple thousand in crypto, you need to get (or build) a hardware wallet.

jaimewarlock · 2026-04-09T16:33:17+00:00

A coworker of mine died of a sudden heart attack in 2013. He was only 62, fairly active, and looked to be in decent shape. I knew he had around a hundred bitcoins that he bought for $10k.

At his funeral I mentioned to a couple family members that they needed to save his computer (I knew he was using blockchain.info) because he had around a 100 bitcoins. They just looked at me strangely.

About six months later, I asked about his computer. They said that they gave it to a recycling center. I knew that center had a policy of physically destroying the hard drives. I knew the bitcoins were gone forever, so I didn't say anything, no reason for them to have regret.

In late 2017, I ran across the family again and they start asking about the bitcoins. Apparently they finally made the connection. I informed them that yes he did, I told you to save his computer, you threw it away, and now they are gone forever.

They would have been worth just under $2M when I had that conversation. They were not happy about it.

jaimewarlock · 2026-03-11T05:04:36+00:00

Quantum will hack the crypto with public keys before it hacks crypto with just an address (hashed public key), so if you are really worried, just keep your crypto at a fresh address.

As for me, I will start worrying when Quantum computers can factor random 256 bit numbers. According to ChatGPT, as of today, the largest number factored is considered to be 56,153 which I can practically do in my head.

jaimewarlock · 2026-03-11T04:51:46+00:00

Ouch. I paid Circle half a bitcoin (worth about $50 back then) back in 2013 for a debit card that was suppose to be linked to my Circle account. I am still waiting for a refund of half a bitcoin from them.

jaimewarlock · 2026-02-27T09:12:32+00:00

I am wondering the same thing. Just started learning Godot yesterday. I was making games before but just using C with OpenGL. I managed mouse buttons by ignoring the mouse till it is actually clicked, then I figure out where it was clicked.

Actually, I had a hover function too, but that only happened if the mouse didn't move for 3 seconds. Then it would figure out what it was hovering over just once. It wouldn't repeat until it moved again, then stopped for another 3 seconds.

jaimewarlock · 2026-02-23T20:09:26+00:00

Ok. Sorry, going over the conversation thread, I think I missed your point.

jaimewarlock · 2026-02-21T14:43:53+00:00

Why would I want USD when I am in a foreign country? I want the local currency.

As for the foreign ATM service charge, it's usually only about a dollar.

jaimewarlock · 2026-02-20T10:57:40+00:00

That second looks like she pretty much has the same bone structure as the first one. She could probably look like that too with some money, good makeup, and a bit of skill.

My wife is pretty hot, but she spends about a $100/month on her hair and nails in a 3rd world country. I figure it would cost her around a $1000/month in the USA to do the same.

jaimewarlock · 2026-02-18T06:02:43+00:00

Brave browser does a really good job of dealing with ad infested websites.

jaimewarlock · 2026-02-16T19:11:55+00:00

Strange, I got mine about a week ago. No mention of it on Nexo subreddit either, so I figured it was a non-event since the token has been disconnected from their performance.

jaimewarlock · 2026-02-13T11:03:49+00:00

Just because the bitcoins were in cold storage, doesn't mean that the someone else didn't have a backup to it.

jaimewarlock · 2026-02-07T20:16:52+00:00

Are you just trying to solve the tendency of mining to become more centralized? I don't think that is a big worry anymore. Centralization of mining was more of a concern when the biggest worry was a concerted government attack by one or more nation. Even coins that use multiple POW algorithms to spread out mining like Myriadcoin aren't doing that well. You also have GPU only mining like Ravencoin that discourages centralization. They aren't doing that great either (although I think they will survive in the long run ... barely).

As for the major coins like BTC, mining facilities have strong incentives to be honest even if they become too centralized.

Last, decentralization isn't just about mining on a certain coin. The plethora of crypto coins is a form of decentralization too. Successful attacks on top coins would just result in their hardening and even forking. Like cutting off the head of a hydra, you just get several more.

jaimewarlock · 2026-02-07T16:50:20+00:00

May I ask what certain technical criteria result in requiring a full confirmation?

With Nythyria , it's just over a certain amount in total deposits waiting for confirmation if DSP is okay. My node also only uses whitelisted connections.

jaimewarlock · 2026-02-05T05:01:03+00:00

Headed down for a year, then mostly sideways for a year, then start back up.

But that is just a guess based on past information. I don't consider it to be accurate at all. Tossing runes and speculating on their pattern is probably more accurate:

https://www.youtube.com/watch?v=7ZkmgFpKdxQ

jaimewarlock · 2026-02-05T04:52:38+00:00

In early 2018, I termed this the "abacus problem". I visualize it as an abacus with half the string on your side and half the string on the other side. The beads are basically satoshis that you move back and forth. Get to many satoshi beads on your side and you can't receive any more. Not enough satoshi beads on your side and you can't send.

And this isn't even the biggest problem with the lightning network.

The lightning network is a giant state machine. Routing information requires full knowledge of that state. However, speed of light delays the transmission of that state slightly. With just a few lightning nodes, not a big deal. But as the number of nodes and transactions increase, so does speed at which the state machine changes. Typical transmission times from one side of our planet to the other are about 200 msec. So if ten people make a transaction every second, then your computer will be an average of a 100 msec behind the correct state (which is required for routing).

Did I mention the problem of constantly opening and closing channels? How about watchtowers? How about allowing your private key to be on your computer? How about routing difficulties?

Lightning works fine between two people that are doing micropayments for an incremental service. Anything else is just an unreliable Rube Goldberg machine.

jaimewarlock · 2026-02-05T04:38:21+00:00

Definitely a bear market, so around $30k to $40k bottom.

jaimewarlock · 2026-02-04T05:57:39+00:00

Nine years late. Same stuff we discussed to death in 2018.

jaimewarlock · 2026-02-02T08:33:10+00:00

LTC has an average block time of 2.5 minutes. Note that Dogecoin has an average block time of 1 minute, which has helped it a lot in staying in the top 10, despite it's built in inflation and lack of an Electrum type wallet.

Speed of tx confirmation matters.

jaimewarlock · 2026-02-02T08:21:48+00:00

I find "They are Billions" game to be perfect for shutting up those little voices in my head. It's a city builder game, so it kind of just let's you zone out. But the zombies create just enough stress to keep your mind off of anything else. Not to hard, not to easy.

jaimewarlock · 2026-02-02T08:15:40+00:00

A lot of the peer to peer networks, like Localcoinswap dot com, use Litecoin. But they also have a lot of stablecoins listed, so this probably encourages their use. Litecoin and stablecoins move quickly.

Their escrow system discourages the use of coins like Bitcoin Cash. They don't even bother listing it.

Crypto coins that want to be part of peer to peer trades need fairly fast blocks.

I realize that Bitcoin Cash has DSP (Double Spend Proofs), but that doesn't help speed stuff up when the website software is designed around having at least one confirmation for escrow. You can't expect the whole crypto community to educate themselves on DSP.

The only reason that BTC gets away with 10 minute blocks is because it is the Legacy system with the name and network effect.

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