• 3 Posts
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Joined 2 years ago
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Cake day: July 4th, 2023

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  • I don’t think it’s realistic, but what they mean is that the community can in theory get together and decide to fork the code, collectively deciding that BlackRock’s Bitcoin addresses are no longer part of their Bitcoin network. The BlackRock Bitcoin would be incompatible with the forked code.

    The result of a fork like that is two coins: BlackRock Bitcoin and Everyone Else Bitcoin. Every holder of the original Bitcoin gets an equal amount of both. It’s a popularity contest between the two resulting Bitcoins to determine the price of each.

    In 2017, Bitcoin was struggling to scale. It had absurd transaction fees due to demand (just like Ethereum a few years later), and the community couldn’t come to a consensus on how to upgrade it. 10% of the community forked the code to upgrade it by increasing block size, while everyone else opted for an L2 scaling solution. The result for holders was that they ended up with both Bitcoin and Bitcoin Cash in their wallets. Weirdly, the combined market value ended up being higher than value of the Bitcoin before the fork. I sold my Bitcoin Cash immediately and pocketed the money, expecting the price to go to zero. It did not.












  • I’m so incredibly tired of weaponized stupidity. First, I had to cringe while I studied science and the internet studied the art of denying reality. Now these dipshits are in charge of the most powerful nation in the world, working tirelessly to remove it from that position.

    In the case of his daughter, he believes the hospital should have given her budesonide, a steroid often prescribed for asthma, among other conditions, that has been touted by Kennedy for treating measles. “They didn’t give her the budesonide breathing treatment that we’d been asking for,” Hildebrand said. “They were saying that the IV steroids they were giving her were better.”

    Seriously, why even treat these people? Let them treat each other with vibes and ivermectin or whatever