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LootGoblin42

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LootGoblin42 , to news in Expel all Palestinians from Gaza, recommends Israeli gov't ministry

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  • LootGoblin42 , to news in Gaza: 3,195 children killed in three weeks surpasses annual number of children killed in conflict zones since 2019, Save the Children International says

    Never trust the numbers given by the terrorist organization Hamas. They lie to get sympathy.

    LootGoblin42 , to technology in Stop using Brave Browser

    Brave has built in ad-blocking that is good to test against. One of our tools wasn’t able to submit new issues to jira because atlassian.net was being blocked by the browser.

    LootGoblin42 , to technology in Stop using Brave Browser

    at this point we are just arguing over semantics.

    LootGoblin42 , to technology in Stop using Brave Browser

    yeah, but we have ipv6 now. ipv4 was never designed to be a scarce asset, and it’s managed by a centralized authority.

    XMR is one of the best cryptocurrencies. Big fan of privacy!

    I’ve been holding bitcoin since 2011. Haven’t had any instances of “losing all my money without doing anything wrong”.

    LootGoblin42 , to technology in Stop using Brave Browser

    Because banning things only makes them more powerful… If a country bans bitcoin, then it’s putting all of it’s citizens at a global disadvantage vs other countries. There is no practical way to enforce a ban of bitcoin. You can run a node over TOR.

    It’s the same concept of banning AI. Sure, a few people would stop, but the rest of the world will continue development.

    LootGoblin42 , to technology in Stop using Brave Browser

    This is the wild west of innovation. Scammers like money, so of course they will be attracted to cyrptocurrency. They are also very attracted to fiat currency.

    All of the references on that page have to do with random NFT projects and shitcoins.

    You should try to separate the concept of “Crypto” from the concept of base layer blockchain protocols that actually have value.

    LootGoblin42 , (edited ) to technology in Stop using Brave Browser

    It’s a great place to store and hold wealth.

    The concept you are describing is Gresham’s Law. bitcoinmagazine.com/…/how-does-greshams-law-relat…

    Bitcoin is digital gold. Other cryptocurrencies will become used as well for basic payments. Eventually you will be able to pay cross chain so it wont even matter which coins you hold.

    Edit: Using ChainLink: twitter.com/0xShmn/status/1696169139168059896

    LootGoblin42 , to technology in Stop using Brave Browser

    Free in the sense that the place I store my wealth can’t be confiscated (e.g. Cypress, Greece, etc…) or it’s value inflated away by money printing.

    Bitcoin is peer-to-peer digital cash. Governments can’t ban it, that’s why they are regulating it and accepting it as a thing.

    LootGoblin42 , to technology in Stop using Brave Browser

    Cryptocurrency is the most efficient money we have. It doesn’t require any middle man bankers. Sure, hackers can hack and loot exchanges, but right now we have the government looting us with inflation.

    The problems you mentioned are being worked on. There are ways to backup and restore your wallet that will become easy.

    The global economy doesn’t need to only rely on Bitcoin, so the argument that we have to worry about deflation is just wrong.

    LootGoblin42 , to technology in Stop using Brave Browser

    Why do you assume I think I’m exempt from laws? I paid over $300,000 usd in taxes last year! I’m not using crypto to break laws, I’m using to to become wealthy.

    LootGoblin42 , to technology in Stop using Brave Browser

    I love firefox. It’s my main browser for everything. When I need a chrome based browser for testing things, Brave is my go to browser.

    LootGoblin42 , to technology in Stop using Brave Browser

    It’s backed by math. There is a fixed amount of Bitcoin. We have never had the concept of “digital scarcity” before. There are thousands of computers running independently that are following a consensus algorithm. it’s an open, permisionless, trustless system that anyone on the planet can be part of.

    You would rather have money controlled by corrupt governments? Hilarious.

    LootGoblin42 , to technology in Stop using Brave Browser

    That’s not true. Fiat money is money created and managed by a government. We need separation of State and Money.

    from The American Heritage® Dictionary of the English Language, 5th Edition.

    
    <span style="color:#323232;">noun Legal tender, especially paper currency, authorized by a government but not based on or convertible into gold or silver.
    </span>
    

    from Wiktionary, Creative Commons Attribution/Share-Alike License.

    
    <span style="color:#323232;">noun economics Money that is given legal value or made legal tender for money debts by government fiat.
    </span>
    

    from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

    
    <span style="color:#323232;">noun money that the government declares to be legal tender although it cannot be converted into standard speci
    </span>
    
    LootGoblin42 , to technology in Stop using Brave Browser

    Money is a social construct that only has value because people agree it has value. Bitcoin and Ethereum are the best forms of money humans have ever invented. Once we have privacy at the base layer, fiat money is dead.

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