Thursday, 7 October 2021

US Lawmakers Float the Idea of Minting a Trillion-Dollar Platinum Coin to Avoid Sovereign Debt Crisis – Economics Bitcoin News

US Lawmakers Float the Idea of Minting a Trillion-Dollar Platinum Coin to Avoid Sovereign Debt Crisis – Economics Bitcoin News submitted by /u/jamieBitcoinDotCom
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source https://www.reddit.com/r/btc/comments/q2pxdu/us_lawmakers_float_the_idea_of_minting_a/

lol miner problem

lol miner problem

Setup Miner...

OpenCL driver detected.

Number of OpenCL supported GPUs: 1

No Cuda driver or GPUs detected.

Device 0:

Name: AMD 15D8:C8

Address: 7:0

Vendor: Advanced Micro Devices (AMD)

Drivers: OpenCL

Memory: 4140 MByte (4072 MByte free)

Active: false (Unsupported device or driver version.)

Connecting to pool...

Connected to de.grin.herominers.com:1125 (TLS disabled)

Authorized worker: grin1qgwjycfgqxd2m33y6y0mu7z9jnx4fez8n75m4y2lvq7xzu2psxcq9qlrrx

New job received: 1 Height: 1426998 Difficulty: 1

New job received: 1 Height: 1426998 Difficulty: 1

Start Mining...

All devices deselected or failed compatiblity check. Closing lolMiner

(türk varsa sorunu bir türlü çözemedim)

submitted by /u/MoreRead7897
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source https://www.reddit.com/r/btc/comments/q2ptdy/lol_miner_problem/

Wednesday, 6 October 2021

What commercial paper do Tether have?? Chinese developer Fantasia can't pay its debts (missed repaying $206 million worth of bonds that matured Monday).

What commercial paper do Tether have?? Chinese developer Fantasia can't pay its debts (missed repaying $206 million worth of bonds that matured Monday). submitted by /u/user4morethan2mins
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source https://www.reddit.com/r/btc/comments/q297t2/what_commercial_paper_do_tether_have_chinese/

Want to know how you can support the Bitcoin blockchain? Mine on it.

Want to know how you can support the Bitcoin blockchain? Mine on it. submitted by /u/jguest1105
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source https://www.reddit.com/r/btc/comments/q295bm/want_to_know_how_you_can_support_the_bitcoin/

Buying the dick

submitted by /u/SeveredBrain2020
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Bitcoin set to become legal payment in Brazil

Bitcoin set to become legal payment in Brazil submitted by /u/Thavash
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Can BTC Lightning scale to billions of users and trillions of transactions per day

Please Just give me a yes or no answer:

  1. Can billions of people move BTC on blockchain without paying insane amount of fees and waiting hours, days, weeks, or even months?

  2. Can trillions of transactions happen on blockchain without such fees and waiting time?

  3. Can billions of people move BTC from Lightning to blockchain without paying crazy fees and waiting a long time? I.e, can you take back your BTC from Lightning to your blockchain wallet with low fees and seconds of waiting time?

  4. Can trillions of transactions happen from Lightning to blockchain without such fees and waiting time?

To me, trying to convince billions of people in the world to use Lightning for their BTC is like trying to squeeze an elephant into a can of soda that can’t increase in size (soda can is the block size).

The Lightning solution is like chopping an elephant into tiny pieces and hoping that you can still squeeze all the elephant meat into the soda can. It can happen but you have to wait until other people have finished putting their portion of elephant meat into this tiny can and it can take several years since the can (block size) can’t hold billions and trillions of elephant pieces at the same time.

Let me know if you disagree. I really want to like BTC but I just don’t see how it can scale to global level of billions of users and trillions of transactions.

submitted by /u/TheWorldofGood
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source https://www.reddit.com/r/btc/comments/q27umy/can_btc_lightning_scale_to_billions_of_users_and/