

I’m not worried about bitcoin. I’m tired of the same nonsensical and unsubstantiated arguments made from ignorance. Have fun being ignorant.


I’m not worried about bitcoin. I’m tired of the same nonsensical and unsubstantiated arguments made from ignorance. Have fun being ignorant.


I bet you claim that the dollars in bitcoin ETFs aren’t real either. Bitcoin ETF is growing far faster than gold did. https://finance.yahoo.com/news/blackrock-bitcoin-etf-becomes-fastest-192152139.html


So their “evidence” is that people use new tether to buy bitcoin after bitcoin prices have gone down. Fundamentally they don’t show that people aren’t buying tether but they falsely claim it is evidence of manipulation. The data could also be explained by folks purchasing new tether to buy bitcoin. The paper is from 2018 and tether has gone through numerous government investigations since with no major action. This paper lacks anything resembling real analysis and does not meet the standards of a scientific paper.
Source: I’ve been on more than 40 physics papers and have personally solved more than one impossible physics problem.


That paper is bullshit. Source, have a PhD.


Do you have any evidence or are you just making things up?


Yeah, like I said it would increase bandwidth and storage for nodes. Credit cards themselves aren’t a feature of the u.s. dollar. Nothing prevents additional networks, like credit cards, from also processing transactions and then doing settlements in bitcoin. The ACH network processes 35.2 billion transactions per year. How many settlement transactions between banks are there? Fewer than ACH. The current US financial system isn’t really built on the dollar but numerous independent networks.


Lemmy loves open source except if it is bitcoin or Ethereum. I don’t get why so many are so happy for their government to be able to control their wealth through currency manipulation. Plus governments also use money to suppress dissent or ideas the gov’t doesn’t like, aka things like Wikileaks.


To clarify for others bitcoins transaction limit is a choice. Bitcoin blocks originally had no limit. One was put in place to limit spam. The restriction could be lifted now but doing so would increase the storage and bandwidth requirements for nodes.


Sadly the article never provides the answer.


Now that cable has moved into a streaming online service not much room left for TiVo. Commercials will reign again.


I know he can get the job, but can he do the job.
Making things up then.