Friday, 28 August 2020

One of the sides in this conflict is waging war with memes and name-calling. The other...

One of the sides in this conflict is waging war with memes and name-calling. The other... submitted by /u/mjh808
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source https://www.reddit.com/r/btc/comments/ihzzcm/one_of_the_sides_in_this_conflict_is_waging_war/

Ledger Backup Pack bundle offer — Ledger Nano X + Ledger Nano S (50%)

Ledger Backup Pack bundle offer — Ledger Nano X + Ledger Nano S (50%) submitted by /u/Choice-East
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source https://www.reddit.com/r/btc/comments/ii0fm8/ledger_backup_pack_bundle_offer_ledger_nano_x/

Has anyone here used Simplex's new Account feature?

In case you missed it:

https://www.simplex.com/account/

My friends in the EU were talking about it and said they've had good experiences using it. I'd like to know if you can echo those statements as they're not super into technology.

To me it seems like it's a Transferwise competitor. I occasionally sell Bitcoin to pay my bills (a man has gotta eat...) and euros work for me.

Would appreciate your thoughts!

submitted by /u/PlayfulBenefit
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The joke is clear. Crypto is crushing the past and opening the possibility of a real future.

The joke is clear. Crypto is crushing the past and opening the possibility of a real future. submitted by /u/Yokubo-Dom
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The Block Size Debate: 5 Years Later

The Block Size Debate: 5 Years Later submitted by /u/MusicalWolfe
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source https://www.reddit.com/r/btc/comments/ihy67h/the_block_size_debate_5_years_later/

Amaury is a rent-seeker. A rent-seeker is most easily thought of as someone who sets up a toll on a piece of land so that anyone who passes must pay, and the owner never has to improve or maintain anything.

Amaury actually is demanding the most basic idea of rent. He assures people that work will also go on, but he is not tying the two together.

Amaury believes that being made rich by the product (the way an entrepreneur would be) is a sufficient incentive to keep him honest, and it's basic enough that we should all see it. He simply demands riches.

And, thus incentivized, we are supposed to make the leap that he will always do the best thing (Bill Gates would disprove this theory, but okay) for his riches to keep coming in.

"Make me rich, I promise good stuff will flow from that" is about the entirety of his decree. And then he offers that if people don't like the results, they can "try" to get rid of him.

Rent-seeking is money for nothin‘. Solely because I own the thing, the name, the process idea, whatever. Amaury is literally rent-seeking because he demands 8% of every coin someone else mines, and he doesn't even promise that this is for work. It's "understood", at best.

submitted by /u/scotty321
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source https://www.reddit.com/r/btc/comments/ihyz6u/amaury_is_a_rentseeker_a_rentseeker_is_most/

Owning Bitcoin is like owning equity in a virtual whole-life insurance policy, a bank, data storage provider, gold mining/energy company, networking company, a casino, a credit union, a money market, and a communications company all rolled into one.

Fully backed by the full faith and credit of its users... and the most secure back-office automated accounting system of all time.

Rating: Buy

submitted by /u/the420chronicler
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