Creative destruction, meet constructive resilience.
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Joined April 2008
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I was staring at the static.
keyspace.grok.me
How TV fuzz helped me understand bitcoin security.
33
Breaking news: Google quantum LLC snags Satoshi era coins and forces everyone to stop address reuse.
Big woop. PoW goes on.
Or
Breaking news: New Bitcoin update makes network quantum protected before Google gets pay day.
Big woop. PoW goes on.
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Bitcoin doesn’t break from Quantum. It just gives Google the keys to spent addresses (where the pub key is exposed for proof), the incentive makes you stop reusing addresses, and maybe rewards Google with some Satoshi era coins. Nat a bad reward for the work required to make quantum work. What’s the down side? Seems like just upside for BTC pay server so generate invoices instead of people reusing addresses.
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Buying STRC is absolutely crazy to me. They are literally saying "we will dilute your shares to keep the price at $100", but how do they keep the price above $99 when people start selling, are they going to buy back shares by selling bitcoin?
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That’s like handing your gun to the enemy because he promises to only steal from other people. Save in bitcoin, spend in bitcoin. It’s that simple.
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37
@grok which x account has posted the most accurate price predictions of bitcoin, with at least one prediction for every 4 year cycle? (For funzies which one has the worst predictions in relation to how popular their account is?)
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