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Jonathan Silverblood
Jack-of-most-trades that likes to be fascinated with deep subjects like bitcoin, governance and energy.
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Jonathan Silverblood retweeted
deadalǹ͔͜͡i͎̜͖͗̎͞x̛̳̠̤̥̦̉̊̕̕ 5h
Today, 6 of the 10 top posts on r/btc are bashing BTC. Yesterday, it was 7. After 2 years, a large portion of the BCH community is still acting like a crazy ex girlfriend, and it's not healthy.
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Jonathan Silverblood retweeted
Flowee The Hub 19h
Retweeting for visibility. Presented without comment.
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Jonathan Silverblood retweeted
Unstoppable Cash May 20
The more complex the technology the more it demands simplicity. Mass adoption doesn’t come from great tech. It comes from EASE of USE. for EVERYONE! (not just for those that can run their own node)
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Jonathan Silverblood May 20
Replying to @monsterbitar
Turns out this was a "incorrect amount" issue. I scanned their QR code, my wallet showed me how much satoshis they wanted and I sent it. Then before block inclusion price dropped and they now blame me. Ain't that just effin' great?
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Jonathan Silverblood May 20
Not rich people, but rich speculators.
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Jonathan Silverblood retweeted
Gabriel Cardona May 19
Half the planet lives on $5 or less a day. 1/5th of the planet lives on $1 or less a day. There's 0% chance that these billions of people will pay $3+ for a transaction fee.
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Jonathan Silverblood May 20
Replying to @ALFAtopme
#430669
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Jonathan Silverblood May 19
@ALFAtopmeI tried to top up my phone this morning, and it's night now. As per usual I've gotten the emails that says received and paid, but this time I have not gotten my top up code. Running low on internet, hope you'll take a look and get things working today.
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Jonathan Silverblood May 19
Replying to @VitalikButerin
It is not a waste of time, but less than 0.01% of the users of crypto will pay for and rely on this.
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Jonathan Silverblood retweeted
Peter Ryan May 19
Bitcoin Adoption: 1.) Get users that need an uncensorable payment rail that converts at both ends back to fiat.
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Jonathan Silverblood May 19
Replying to @udiWertheimer
Uhm... no. I frequently find myself talking about bitcoin and valuation and refer to BCH. Often I end up clarifying myself, but that there exist many bitcoins is without doubt. If there wasn't, then I'd argue that the proper claim on the name is the last version satoshi released
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Jonathan Silverblood May 19
In just a few blocks, the Bitcoin BTC mempool might be cleared again. Median fees are back to ~$1.5 with the mempool holding only 1.8mb, small enough to realisticly clear out in 2 to 3 blocks.
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Jonathan Silverblood May 19
Replying to @SpencerJesus4
Yes, at this stage minority hash does mean that a state (or any other) actor can indeed spend resources to create damage. But any such action is limited in it's scope because doing so would mean not cooperating with the network, and the network is a peer of cooperating humans.
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Jonathan Silverblood May 19
Replying to @MZietzke
Bitcoin was always a network of peers. The peers were always human. The only value the network ever created came from human cooperation. Bitcoin is just a tool to allow humans to cooperate in a way that they couldn't before.
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Jonathan Silverblood May 19
Replying to @monsterbitar
Even if the actor has incentives outside the system and is paid more to attack it than to defend it, they are still limited in the damage they can do, as miners who are honest can, and will, choose to manually invalidate their blocks to protect their investments.
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Jonathan Silverblood May 19
Replying to @monsterbitar
The reason this is not a dangerous situation, is that any action that is damaging to the ecosystem is by extension damaging to the future income of the malicious actor. The reward for being honest is a valuable network. The punishment for being malicious is worhtless tokens.
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Jonathan Silverblood May 19
It looks like someone has directed their hashpower to the largest pool on to create a situation where one pool controls more than 50% of the hash power. This creates a public image problem, but no serious risk otherwise.
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Jonathan Silverblood retweeted
Matthew Zietzke May 16
Replying to @MZietzke
As of this tweet, the BTC price is ~$8k. Historically, transactions on the network increase with increased prices. What do you think is going to happen when BTC breaks $10k? $15k? ATH? We're *starting* this bull run with mempool congestion. Just think about that.
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Jonathan Silverblood retweeted
BitBay Pay May 17
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Jonathan Silverblood retweeted
Ⓥin Ⓐrmani May 17
There's no way that can be constitutional. That's literal slavery: being forced to pay for your involuntary captivity.
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