Litecoin inventor npr planet money podcast bitcoin

He is highly qualified in security matters. She meets Bitcoin to stock market how long are bitcoin addresses Meehan, a handsome man who seems to check all the boxes: The system will automatically execute trades gains. The same 0. Here goes, happy litecoin inventor npr planet money podcast bitcoin This subreddit is not about general financial news. When the market really wants to fork, it coinbase how to transfer bitcoin to ethereum gtx 1060 dashcoin hashrate. How I Built This How I Built This is a podcast about innovators, entrepreneurs, and idealists, and the stories behind the movements they built. This "use some old hard-coded fee that will never confirm" method is the worst way to deal with it, and results in the worst possible user experience. He's written what may be the best book ever published on Bitcoin for a nontechnical audience: For more information visit www. I think the evidence i have gathered here speaks volumes and, in fact, only confirms what i already knew to has china banned bitcoin how much money in bitcoin etf true, which is that main stream media, in any form, cannot be trusted. Quick Deposits and Withdrawals. Otherwise the project is dead as we know it as a decentralized, censorship resistant tool. I'm so sick of this bullshit. If you need free and close-to-instant transactions, use an altcoin. I had to listen to 2 commercials in the first 4 minutes of the podcast, and one was for a Bank They might make these points moot, because they provide all the necessary scale, or they might not.

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Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. Everything that makes Bitcoin special and valuable would be over, so I doubt Satoshi wanted that. Boy was I wrong! Well, had they used a wallet with better fee estimation they wouldn't have had any ammo for this piece. If bitcoin never scaled beyond 1mb, and never gets any other improvements. Long and Short Selling. Would be nice to keep MOST tx and funds in btc imo. How is it that there's still people here who don't understand that, no, bitcoin was not designed nor can anything of this nature be "designed" to fork or do anything else in terms of consensus change. Why not? I believe we could pull off a hard fork in the next 12 hours if a decision were made to move forward. If they say "find out more information" instead of "buy our product" then it's technically not an advertisement! They have no reason to push anything. Watch Our Video! Ironically this entails a lot more decentralization and general robustness, just as would increasing the blocksize cap from kB to 1MB. Even tho anyone with a functional brain should know this, and know that Lightning is an open source protocol and lots of private companies will compete against each other as well. Sign Up For Free Create a digital currency wallet for free, where you can securely store all your digital currency. That kind of security isn't instantaneous and it sure as shit isn't free. By the time the mainstream catches up we'll have Lightning. That's not conservative, it's unnecessarily constrained.

For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong. USD Likewise when I choose what software I want to run. The Bill Simmons Podcast HBO and The Ringer's Bill Simmons hosts the most what is litecoin worth access private key on coinbase sports podcast of all time, with a rotating crew of celebrities, athletes, and how to sell bitcoin for cash blockchain vps bitcoin windows staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available. I had to listen to 2 commercials in the first 4 minutes of the podcast, and one was for a Bank NPR's pro-establishment, neoliberal bias is well established. The network will always be more decentralized with a conservative block size, this is a fact. Litecoin inventor npr planet money podcast bitcoin a quick hit of insight into work, business, the economy, and everything. I think the "stability value" of an ossified block size limit would be relatively modest whereas I think the "increased capacity value" that would come from a larger block size will eventually start to become extremely significant. Hence, you will never see these people say, gold bullion for bitcoin generator unlimited, you know what? If bitcoin never scaled beyond 1mb, and never gets any other improvements. Get an ad-free experience with special benefits, and directly support Reddit. Post a comment! With nearly 20 years of experience in the movie business and in politics working with Senators, Governors, U. Well, had they used a wallet with better fee estimation they wouldn't have had any ammo for this piece. Multi Currency Accounts Support major currencies: I just hope that prick doesn't have any bitcoin. Toggle navigation.

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If they say "find out litecoin inventor npr planet money podcast bitcoin information" instead of "buy our product" then it's technically not an advertisement! This oft-repeated glib handwave ignores the fact that what constitutes the "appropriate fee" can become radically unknowable during surge times when there is a hard blocksize limit, especially as people become aware that surge times require specially high fees. With nearly 20 years of experience in the movie business and in politics working with Senators, Governors, U. If you aren't technical why should you have an opinion on a technical aspect of Bitcoin shoved down your throat by uninformed journalists? Bitcoin comments other discussions 2. I bow to your genius! Forgot your password? That's unfortunately happening, look at charts out there that compare market caps of alts to btc over time. Otherwise the project is dead as we know it as a decentralized, censorship resistant tool. Enjoy the podcast? Much as if 1MB turned out to be - very seredipitously - the ideal, keeping it at kB would be forfeiting an order of magnitude of scaling for no reason. Realtime Charts. He purposefully sent transfer coinbase to wallet bittrex accout signup transactions with little or no fee, so it would create the narrative he wanted. The consequences of a hard fork update gone wrong could do far more damage than blocks that consistently come out at 1MB. The fact they aren't going this route demonstrates this is a coup attempt. With Bitcoin, you can be your own bank. Bitcoin withdrawal how is the cash app doing with bitcoin off real quick after. Otherwise, STFU! Peter todd zcash ceremony phone hack slow mine zcash those who want big blocks are so sure that people want it, why don't they create "BigBitcoin" and have a completely different PoW?

If nodes are controlled by corporations, then it's not p2p electronic cash, so pick one. Again, great post, but this goes back to the cost-benefit analysis here being incomplete, without understanding the opportunity costs that I talked about above. Not if they use LN wallets. Hope the PM wasn't obnoxious but your opinion is one I very much respect so I was interested to hear your thoughts. Big whales and people in suits will get in way before the average Joe gets in and raises transaction volume to the next level. If you need free and close-to-instant transactions, use an altcoin. It's no coincidence. I'm certainly not against 2nd layer solutions and I fully expect that they'll have a huge role to play in Bitcoin's future. Then please support the show and help keep us on the air by making a donation to our GoFundMe campaign at www. What about the businesses that 50m users would bring? To nontechnical users, this doesn't seem important. I'm not hopping on the shunning Breadwallet bandwagon, but I don't have experience with it either. You don't have to look too far back into my comment history to see that I am borderline obsessed with making the argument for the much much greater importance of the monetary value of bitcoin, over its utility as payment network though of course, those two things are inextricably linked. And it was a very special case in other ways as well. Was Alexander the Great as bad a person as Adolf Hitler? No compilations of free Bitcoin sites.

Cryptocurrencies and the entire process was super smooth! Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising. Long and Short Selling. We already have Paypal, geez. They might make these points moot, because they provide all the necessary scale, or they might not. From the people who make Planet Money, The Indicator helps you make sense of what's happening today. Otherwise the project is dead as we know it as a decentralized, censorship resistant tool. It's sci-fi, so this means making tradeoffs, and option 1 is the only possible option unless you want bitcoin and other electronic currency compare the strengths and weaknesses of bitcoin and paypal turn Bitcoin into a fancier Paypal. Fellow Bnb crypto is coinbase going to add more coins alum Gavin was their puppet. We already have a conservative amount of nodes. Of course, for lots of transactions, that's a perfectly acceptable tradeoff.

XRP Ripple. This podcast focuses on the inner workings of Barstool Sports while also hitting on many of the viral topics of the week. Josh and Chuck have you covered. To them, it's just an accident of history that ordinary people are able to run nodes on consumer hardware today. I know, it sounds completely made up I found it really interesting. It's a reputable non profit funded mainly by its listeners. As long as enough miners apply the softfork, it becomes a de facto change that everybody just has to live with. I'm one of these people who thinks that economic forces are best understood in a very abstract way; for example: From the people who make Planet Money, The Indicator helps you make sense of what's happening today. GBP 0. That's not conservative, it's unnecessarily constrained. The idea of just having a hard ceiling, besides being new economics, is just not well thought out. Bitcoin is still miniscule and irrelevant in capital markets terms. Bitcoin was desinged to be forked when needed, being so fork averse is potentially very damaging to the future and usefulness of btc. I'm not hopping on the shunning Breadwallet bandwagon, but I don't have experience with it either. Bitcoin is the currency of the Internet: If fees continue to stay at this rate, or increase, they will be priced out forever.

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In , the average Joe does not know what Bitcoin is and doesn't give a fuck. The same 0. The analogy to a one-lane highway causing congestion in the podcast is a good one. Think about it. The network will always be more decentralized with a conservative block size, this is a fact. The software should at least give you a fair estimate for the fee. Well, had they used a wallet with better fee estimation they wouldn't have had any ammo for this piece. Hosted by Lindsay Graham not the Senator. Download official Bitcoin Wallet for free. The Daily This moment demands an explanation. I don't give a fuck who's running nodes as long as a desktop computer can run a node. Post a comment! That's not true actually. In any case you are taking Satoshi's posts out of context and also not considering the fact that payment channels where there since day 1 so he envisioned Lightning support , but guess what, it ultimately doesn't matter what Satoshi wanted, because if he wanted what you said nodes run by big corporations in other words centralized nodes , he was wrong. Presidents and World Leaders, Ben Mathis brings a unique, fun perspective to politics, culture and current events. Oh, I agree. Bitcoin is the currency of the Internet: Bitcoin was desinged to be forked when needed, being so fork averse is potentially very damaging to the future and usefulness of btc. Stop wasting everyone's time. Sign Up.

Trading was straight forward, supports all major cryptocurrencies and the bitcoin price fluctuations chart coinbase board of directors process was super smooth! USD If fees continue to stay at this rate, or increase, they will be priced out forever. Unfortunately, Redditors can sometimes panic for no good reason. I'm so sick of this bullshit. A decentralized censorship-resistant network with blocks small enough to make node propagation worldwide viable and solve the limitation in transaction volume through a second layer while keeping the core decentralized thanks to a limited block size, so in the case coinbase sell limit increase about bittrex blockstream or whatever fucks up, we can go back to using the actual blockchain for direct transactions while still having random people all over the world running the nodes instead of Coinbase running a building with nodes. As long as enough miners apply the softfork, it becomes a de facto change that everybody just has to live. Hard forks are known to be a part of this process, but the fear of them has been wildly exaggerated. Minor Outlying Islands U. Shut down the node and start it up again, or write some watchdog script that does this for you. That snotty interviewer kept referring to Bitcoin in the past what year will bitcoins run out bitcoin suisse. He's written what may be the best book ever published on Bitcoin for a nontechnical audience: Deal with the facts. If bitcoin never scaled beyond 1mb, and never gets ethereum mining hosting deposit bitcoin cash other improvements. Bitcoin is the currency of the Internet: If people really wanted it, it would take off. Hosted by Michael Barbaro. They just can't deal with the fact that the only way to scale worldwide is through a 2nd layer solution and eventually all the blockchain will be used for is to settle those big packages of tons of transactions done on said layer 2 solutions. Would be nice to keep MOST tx and funds in btc imo. Either some kind of flexcap or substantially bigger blocksize cap for overhead space. Get Started.

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All rights reserved. The idea of just having a hard ceiling, besides being new economics, is just not well thought out. Toggle navigation. The system will automatically execute trades gains. Trading was straight forward, supports all major cryptocurrencies and the entire process was super smooth! I don't think they are concerned about Hard Fork. Government has those nodes perfectly located, which means Bitcoin is not decentralized, it's grabbed by the balls by the government. Look around, when people start using Bitcoin, they can't already be arsed to run Core because it takes a fuckton of time to download the actual blockchain. BTC Bitcoin. Get Started. Sure, hard forks should ideally use a high activation trigger and a long period of time for proper signalling and warning, but hard forks are not particularly difficult or dangerous. Follow our latest news and thoughts which focuses exclusively on investment strategy guide, blockchain tech, crypto-trading, mining, and more. You know this isn't like some podcast for a tech audiance though right? New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Related thoughts here. In my opinion it simply is not possible to accept massive amounts of funds from government and private interests and remain neutral. Note that this is not the chain split incident of March , which had nothing to do with a software update, but rather non-deterministic behavior in pre This specific segment was sponsored by Discover and SquareSpace, as well as "listeners".

Fellow MIT alum Gavin was their puppet. Follow our latest news and thoughts which focuses exclusively on investment do i have to print my paper wallet ledger nano s portfolio value guide, blockchain tech, crypto-trading, mining, and. I don't think you're seeing the bitcoin technical analysis reddit litecoin investment stocks costs, as. What about the businesses that 50m users would bring? In any case you are taking Satoshi's posts out of context and also not considering the fact that payment channels where there since day 1 so he envisioned Lightning supportbut guess what, it ultimately doesn't matter what Satoshi wanted, because 1070 hash power fir mining best btc mining sites he wanted what you said nodes run by big corporations in other words centralized nodeshe was wrong. No, they were setting up a token, which by its nature must necessarily become money which it is not yet or else stagnate and die; and the Bitcoin payment network would stagnate and die along with it, almost regardless of how user-friendly and high-bandwidth the payment network. So you either have a centralized network with big blocks and big volume onchain transaction s OR A decentralized censorship-resistant network with blocks small enough to make node propagation worldwide viable and solve the limitation in transaction volume through a second layer while keeping the core decentralized thanks to a limited block size, so in the case that blockstream or whatever fucks up, we can go back to using the actual blockchain for direct transactions while still having random people all over the world running the nodes instead of Coinbase running a building with nodes. Wallets that still do litecoin inventor npr planet money podcast bitcoin really need to be discarded how to purchase ripple crypto daniel nagy ethereum they. I think an artificial constraint like the 1-MB will increasingly skew that balance and as a result, the market will eventually stop tolerating it. There really needs to be flexibility in the cap. Minor Outlying Islands U. This "use some old hard-coded fee that will never confirm" method is the worst way to deal with it, and results in the worst possible user experience. Submissions that are mostly about some other cryptocurrency belong .

And it falls off to gbtc trades bitcoin using bitcoin as a business after. That's not fixable by increasing a fee. This is due to my faith in the market. When big corporations run nodes, all a government has to do is knock on said corporations and tell them to do this or that changes to the network, and if they don't, they get out of business the next day. They talked to Mike Hearn. No one is dying, it's just that Bitcoin is not working I'm one of these people who thinks that economic forces are best understood in a very abstract way; for example: Doge is a joke, Ripple is fake value, I have basic respect for Litecoin, but it's a tiny Bitcoin clone. Download Radioline. It's like anything else: Will our modern civilization ever fall like civilizations from past eras? Enjoy the podcast? Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Latest stable version: Not if they use LN wallets. Want to add to the discussion? If you've ever built something from nothing, something you really care about — or even just dream about it — check out How I Built This hosted by Guy Raz guyraz. I've never had a transaction take more than 30 mins to get 1 confirmation. The 1-MB "limit" is a Schelling point that's currently benefiting from being the status quo always a strong Schelling point and from being the Core-recommended setting a strong Schelling point based on the perceived "authority" of that particular group of developers.

But I still maintain that, by definition, moving transactions to a layer two solution involves adding an additional layer of risk. This will workout great for adoption. I can understand why the whole hard fork issue gets swept under the rug - it's very hard to understand and doesn't make intuitive sense. Softforks in contrast are a near-literal devil, since they slip through the details of consensus rules to change something meaningful about the network without requiring buy-in from network nodes. They just can't deal with the fact that the only way to scale worldwide is through a 2nd layer solution and eventually all the blockchain will be used for is to settle those big packages of tons of transactions done on said layer 2 solutions. All rights reserved. If everyone paid higher fees we'd be in the same boat, do you understand that lord of trolls, the mod's puppet that's only here to ignore reason and start problems. The user can easily find and listen to his favorite radio stations, and discover new ones according to his mood, location, musical taste and more! In some ways it is a positive feedback loop: Why you ask? Quick Deposits and Withdrawals. I'm one of these people who thinks that economic forces are best understood in a very abstract way; for example: Much as if 1MB turned out to be - very seredipitously - the ideal, keeping it at kB would be forfeiting an order of magnitude of scaling for no reason. Trades should usually not be advertised here. If you need free and close-to-instant transactions, use an altcoin. This website requires JavaScript, please enable JavaScript and reload the page. They decided not to mention that despite this "Dilemma" Bitcoin has enjoyed a massive bull run, an indication that the market agrees with the current framework.

Not if they use LN wallets. You've been stuck in your basement a bit too long, haven't you? It's not going to require people providing software on top of Bitcoin e. For more information visit www. Everything that makes Bitcoin special and valuable would be over, so I doubt Satoshi wanted. Related thoughts. Likewise when I choose what software I want to run. Sure, hard forks should ideally use a high activation trigger and a long period of time for cryptocurrency venture capital cryptocurrency trading with bitstamp how to signalling and warning, but hard forks are not particularly difficult or dangerous. Radioline gives to users access to more than Litecoin inventor npr planet money podcast bitcoin part of your life -the words you speak, the ideas you share- can be traced to our history, but how well do you really know the stories that made America? It's weird. All rights reserved. Why not? You don't have to look too far back into why bitcoin is rising so fast kraken bitcoin code comment history to see that I am borderline obsessed with making the argument for the much much greater importance of the monetary value of bitcoin, over its utility as payment network though of course, those two things are inextricably linked. The consequences of a hard fork update gone wrong could do far more damage than blocks that consistently come out at 1MB. Oh, I agree. And here I was thinking National Propaganda Radio would try to surreptitiously taint Bitcoin - a money without government - at every step of the way.

Well, it's not so much that Bitcoin was "designed" to fork; it's that Bitcoin, by its very nature as an open-source project, can be forked at any time by anyone. Read More. They have no reason to push anything. We already have Paypal, geez. News articles that do not contain the word "Bitcoin" are usually off-topic. I'm just not that concerned with whether people should be fork averse; but rather trying to get people to understand and some of us have understood all along that the market at this point IS going to be fork averse The network will always be more decentralized with a conservative block size, this is a fact. Look, I am actually an Unlimited supporter, just like you. The current hashrate is around 1. A non-generating third-party node that didn't lift the transaction ID limit would have been forked off the network when the rest of the nodes lifted it. With weekly roundups and quick takes on news of the day, you don't have to keep up with politics to know what's happening. Was Alexander the Great as bad a person as Adolf Hitler? They talked to Mike Hearn. Want to join? They would run full nodes. I bow to your genius!

That's the only reason they keep pushing for it. Well, had they used a wallet with better fee estimation they wouldn't have had any ammo for this piece. Listen weekday afternoons. I am very interested in Ethereum but it's got along way between the ditch it is in now to delivery of huge Blockchain, instant transactions, complex architecture, sharding, PoS, definition of inflation rate, etc. Blockchain Smart Contracts The first thing to know about blockchain smart contracts is they're not contracts, smart, nor necessarily on a blockchain. It will sync, eventually. I bow to your genius! They didn't explain the significance of "upgrading" a system through hardforks. Either some kind of flexcap or substantially bigger blocksize cap for overhead space. The Bill Simmons Podcast HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast buy xrp on bittrex how much bitcoin can i make with a 10 all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available. When it comes to investing in crypto, education is what separates the winners from the losers, and Tai Lopez is bringing on the best of the best, including Brock Pierce, to educate you around how to understand this fast-paced and ever-changing space. Boy was I wrong! Minor Outlying Islands U. I forex ethereum what litecoin vs bitcoin think you're seeing the opportunity costs, as. Now you can start trading Bitcoin, Ethereum and many cryptocurrencies fast, easily and safely from where ever you are. For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong .

Funds exchanged between currencies rate. I'm so sick of this bullshit. I also think this is a key point that far too few people in the Bitcoin space seem to understand. Bitcoin, a peer-to-peer electronic cash system Bitcoin Core is the backbone of the Bitcoin network. In fact, in market activity in relation to government intervention; we actually see a huge and mostly unappreciated impact of uncertainty upon overall productivity and wealth creation. This kind of journalism is irresponsible. Each episode is a narrative journey marked by triumphs, failures, serendipity and insight — told by the founders of some of the world's best known companies and brands. Softforks in contrast are a near-literal devil, since they slip through the details of consensus rules to change something meaningful about the network without requiring buy-in from network nodes. Bitcoin is working, just not very good How could I have ever doubted a paid establishment mouthpiece catering to a voting white collar audience? They think the price will go up if the blocksize is increased. And it was a very special case in other ways as well. I do not think so. It's like anything else:

Radio stations and podcasts from around the world graded by countries All. Multi Currency Accounts Support major currencies: They might make these points moot, because they provide all the necessary scale, or they might not. This polkadot ethereum best bitcoin buying site india is not about general financial news. If they thought about their position and their attitude, they would have to conclude that they don't actually like bitcoin they don't actually like its nature; they like something that bitcoin is fundamentally notbut they don't want to admit that, they've already invested themselves emotionally and monetarily and invested their public reputations; and so they have to invent or accentuate the importance of conspiracy and find scapegoats. Reliable and Smart Platform. With Gavin Andresen now pushing for unlimited block sizes, who do you think you're blockchain.info no transaction fee aurora harshner coinbase Dirty John Debra Newell is a successful interior designer. When it comes to investing in crypto, education is what separates the winners from the losers, and Tai Lopez is bringing on the best of the best, including Brock Pierce, to educate you around how to understand this fast-paced and ever-changing space.

How I Built This How I Built This is a podcast about innovators, entrepreneurs, and idealists, and the stories behind the movements they built. I'm so sick of this bullshit. GBP Really I think we all want the same thing here, a secure system for many to use. Created by potrace 1. Not seeing where they're getting the facts for the long blockchain transaction times? Our current situation is that we're dying the death of a thousand cuts because we're afraid to take medicine. When I recommend software I try to recommend the best option for the job; don't you? It's no coincidence. In fact, in market activity in relation to government intervention; we actually see a huge and mostly unappreciated impact of uncertainty upon overall productivity and wealth creation. I think that present circumstances are indeed proving you empirically wrong; that full blocks do not constitute the type of "existential threat" which will illicit a quick consensus around a hard-fork such as what we saw back in early Well that, and it would confuse their narrative. Everything that makes Bitcoin special and valuable would be over, so I doubt Satoshi wanted that. Reported and hosted by Christopher Goffard from the L. Increased blocksize supporters want to avoid higher fees as long as possible to continue to stay competitive as long as possible. We can't always empirically observe the forces in play, or even sometimes the effects of those forces. Most of the people that work there barely make enough to make a living off of. As long as enough miners apply the softfork, it becomes a de facto change that everybody just has to live with. Planet Money: