Friday, 3 February 2023

So close....

It's interesting to see there is consensus building (even in traditional circles) that the current system is broken or at least suboptimal.

But, at the same time, people not sold on bitcoin as the answer are looking for an alternative to the current system, but anywhere besides bitcoin.

Dalio almost figures it out

I think the acknowledgment that there needs to/should be a change to the current monetary system is massive for bitcoin adoption.

Once this view becomes common knowledge (ie. your barber is complaining about the monetary system), bitcoin has its chance for mass adoption.

A new system is needed, and the technology now exists to create that new system. What it will look like is anyone's guess, but bitcoin has a shot.

Who knows if it will happen (a lot of roadblocks ahead), but it will be compelling to watch it play out.

submitted by /u/impliedinsult
[link] [comments]

BTC / BCH people share us your thoughts!! Who is the Mystery Man behind Satoshi Nakamoto ?

submitted by /u/Wide_big_tall
[link] [comments]

source https://www.reddit.com/r/btc/comments/10rxcg7/btc_bch_people_share_us_your_thoughts_who_is_the/

Thursday, 2 February 2023

[Music Video] Bitcoin Pressure

[Music Video] Bitcoin Pressure submitted by /u/LightningNotwork
[link] [comments]


source https://www.reddit.com/r/btc/comments/10r90ee/music_video_bitcoin_pressure/

Bitcoin made it to r/Jokes. The commenter getting 90% of all the upvotes understands & underscores HODLing perfectly!

submitted by /u/xboox
[link] [comments]

Crypto investments to recover as Fed Chairman says he sees DISINFLATION occurring. Soon the market will be flooded with cheap loans for everything. Bond yields to go down. Speculation to be in season.

Crypto investments to recover as Fed Chairman says he sees DISINFLATION occurring. Soon the market will be flooded with cheap loans for everything. Bond yields to go down. Speculation to be in season. submitted by /u/FearlessEggplant3036
[link] [comments]


source https://www.reddit.com/r/btc/comments/10r4mb3/crypto_investments_to_recover_as_fed_chairman/

Every home, every business, every energy producer will mine bitcoin. It would be daft not to

Every home, every business, every energy producer will mine bitcoin. It would be daft not to submitted by /u/KAX1107
[link] [comments]


Storing copyrighted content on the Blockchain

In light of the latest Taproot fiasco I was wondering what the implications of storing copyrighted content on-chain would be.

I know BTC can't handle huge files like say a 14GB series from HBO max, but let's say there was a version of Bitcoin with massive blocks and low transaction fees. We've already seen this happen with Ethereum NFTs on a smaller scale, much of that was sorted on the trading sites like Opensea, delisting collections that had obscene or copyrighted content.

But that only worked because minting an NFT on Ethereum was expensive, but lets say this hypothetical Bitcoin chain used a very simple scripting language, so simple in fact that you wouldn't need tons of data to store things. And you could easily create dozens of NFTs for less than a dollar.

I've gone through juungle before, back when it was still relevant, remarkably I never found an objectionable NFT, though tbh I wasn't Looking very hard.

On BCH you wouldn't be able to store the content itself (currently) but let's say our hypothetical Bitcoin version had something like 4GB blocks, that seems like enough space to store something objectionable.

So, my question; how do we navigate this brave new world of truly on-chain NFTs.

submitted by /u/Elix_Exo1127
[link] [comments]

source https://www.reddit.com/r/btc/comments/10r3aok/storing_copyrighted_content_on_the_blockchain/