AlienHODL

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AlienHODL
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Great episode - feel like this is a refreshing steer back to more principled discussion and the reform shilling can go away. @Peter McCormack is actually sounding pretty intelligent and articulate these days 😂 he’s come a long way since the early WBD days View quoted note →
This OP_RETURN stuff has really split a lot of bitcoiners I wouldn’t have expected to see on different sides. My 2 sats: if it’s paying a high enough fee to be mined it is not spam, end of story. Trying to argue what is and isn’t a worthy transaction is a dark road to try and go down. Check’s inscription of his dead dog on the blockchain (which he will have paid for) is just as valid as my random test transactions I’ve made when setting up a wallet. Before you know it they’ll say a ‘monetary use’ has to be above a certain value or something. Spam is data being relayed that isn’t able to be mined. Stop trying to argue the morality of other peoples transactions. View quoted note →
Another thought on cashu, seems like something that a large institution could use and bootstrap their existing trust and reputation. I.e. Apple could just decide to run a mega mint and make every iPhone have a bitcoin wallet that uses ecash, giving instant bitcoin payments between iPhone users (over iMessage, airdrop, NFC anything etc.) whilst allowing them to pay any lightning invoice and avoiding exposing users to anything complex at all. Instant privacy win for users too. The big trust trade off would be minimised too as people aren’t going to hesitate to trust Apple not to perform a mega rug, why would they? @calle @ODELL