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replied 482d
Craig mentions these type of use cases in an interview in 2014😉
replied 515d
Which miners are you specifically referring too?

Miners do not act as 1,
Bitcoin is designed to incentivise miners to act in their own best interest long term.
530d · Liquid by Blockstream
How do you hold liquid, if it can slip through your fingers.....
536d · Memes
536d · Memes
536d · Bitcoin Stash (bstash)
Wake me up when an Exchange adds support for stash, so I have a place to dump them.
536d · Bitcoin Stash (bstash)
Stash is a parody fork, if they do actually fork, it won't last long as it does not have enough support
replied 536d
You are not “burning“ BCH,
BCH is being spent in fees, not burnt.
For mini ST to have any impact, maybe only aim for just a single block, or it will get expensive quick.
replied 542d
Bitcoin ABC's tx relay is explicitly rate limited to 7 to 14tx per second.
This was added to core by G. Maxwelle and P. Wuille.
and was overlooked by ABC devs
replied 543d
does it send them a message by sms or email, if they dont have centbee?
replied 546d
Sk8eM dUb
The Orville is a good watch😉
replied 547d
The supply remains constant.
12.5 new coins every 10 mins (on average)

This does not change, no matter how many coins you burn

(halving obviously - 50%)
The price of any coin is simply the
Last Price Paid.
MC is LPP*coins in circulation

Only a small portion of bitcoin being traded Determines its fiat price.

Utility creates demand,
Demand increases price.
replied 547d
Sk8eM dUb
If I burn 100 coins the price in USD is unaffected, as these coins would not be part of trading market anyway.

All it means is, I hold less bitcoin.
replied 547d
Supply AND demand,
Determines price.

It doesn't matter what the supply is if there is no demand.


Utility is where the value stems from, not the supply.
replied 547d
They always will be.

Burning coins does not increase the price in USD of remaining coins

All it does
Is reduces how many slices of the pie there will be.
This is not the same.
replied 547d
a BURNT coin, is essentially a coin sold for $0.00

this has no impact on remaining coins.
replied 547d
i dont think burning affects price in any way, which is exactly my point, people claiming burning increases value of other coins, this is provably false, by the price decline.
replied 547d
Sk8eM dUb
have you thought about having them make some Bitcoin videos, explaining Bitcoin and how it works and its benefits?

pretty sure such peeps will tip.

lighthouse project maybe to fund
replied 547d
Sk8eM dUb
How much did they win?

Yes I also see programming becoming an unskilled job in future as it gets taught more and advances.
replied 547d
Similar to my thought, many jobs we consider today as skilled, will become unskilled jobs, as they will teach it in schools to everyone. eg It development.
replied 547d
Sk8eM dUb
I think more globally than just America, lots of unskilled jobs will vanish, maybe not all, but a lot. new jobs may replace them but they will need be different to today's jobs.
replied 547d
With that skillset,
why do you need a job,
use your brain and create.
Work for yourself.

Imo, you are talking bollox, and just taking advantage of kind memoans.

Avoid scamming a-holes on memo,
who do nothing but stick their hand out.
Use your brain when reading their sob stories.