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HashBasher

112 karma · joined August 24, 2017

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HashBasher··on Attacking an Ethereum L2 with Unbridled Optimism
Exactly, CashApp/RobinHood/Coinbase/Kraken are all bitcoin L2. Centralized and trusted, but L2 nonetheless.
HashBasher··on Taproot, Bitcoin’s long-anticipated upgrade, has activated
No, the transaction is fully signed and can be broadcast at any time by either party to settle. It doesn't have to be broadcasted and further transactions can be done on top and they just keep it private between themselves.
HashBasher··on Bitcoin is a Ponzi
Bitcoin is a guaranteed permanent store of value. It’s value comes from its scarcity, that isn’t going to change no matter what the markets do.
HashBasher··on Bitcoin is a Ponzi
How’s it bad? You have to accept responsibility when making transactions. This is tremendously beneficial for businesses and end users when making peer to peer transactions.
HashBasher··on Bitcoin is a Ponzi
A bitcoin transaction and a bank transaction are very different things.

A bitcoin transaction is settled as soon as the block is mined. Without any third parties or trust involved, and no way to reverse the transaction. While a bank transaction could settle in days and always with some trusted third party.

Try making a transaction over the lightning network (layer 2 tech of bitcoin), it’s instantly settled and almost for free. The whole country of El Salvador is making transactions within the country using this technology and they’re getting remittance from outside the country far cheaper than banks.

HashBasher··on Bitcoin is a Ponzi
Your digital store of value promises to lose around 2% of its buying power every year, and they beat that by a lot this past year.
HashBasher··on Ask HN: What passive income investments exist to supplement your salary?
IMO "passive income" has been hyped a lot by the pyramid scheme folks. If you have an income, you don't need another source of passive income, you need to save your money and invest it. For me, Bitcoin has been the only investment that I've focused on. It is the most scarce asset and will continue to increase in price simply because of the growing demand and limited supply. Just throw a percentage of your income into bitcoin and leave it alone.
HashBasher··on Ask HN: What passive income investments exist to supplement your salary?
Where are you located? That seems like an insanely low salary.
HashBasher··on $7.6B in crypto long positions liquidated in 1 hour as Bitcoin plunges to $52k
Easy to copy the coin, hard to copy the network effect.
HashBasher··on How Doctors Die (2013)
I also think that there's no afterlife. Soon as the brain stops working, everything goes dark. Eternal peace. I find it comforting in a strange way.
HashBasher··on Bitcoin: The Idea That Eats Smart People
Gold has a market cap 10X+ bigger than Bitcoin, why can't I buy beer with my gold coins?
HashBasher··on What I Think of Bitcoin
Will that stop you from making a small allocation into Bitcoin? Any and all risks to bitcoin can be mitigated by portfolio sizing.
HashBasher··on What I Think of Bitcoin
Or gold, or stocks, or real estate or anything that can be used as a store of value today.
HashBasher··on Cambridge Bitcoin Electricity Consumption Index
It will. Via second and third layers. It'll scale just fine. An example second layer that you can use right now is the lightning network https://lightning.network/
HashBasher··on SEC charges Ripple and two executives
Price hasn't zero'd out. Says a lot about the sophistication of the holders.
HashBasher··on Aurora 7 Prototype – 7 Screen Laptop
Hopefully the person sitting in front of it.
HashBasher··on Show HN: I made a site where you practice typing by retyping entire novels
It's quite simple to disable Vimimum for a website, just click the extension icon and "Save Changes". By default it will add a rule to disable all keys on that site.
HashBasher··on Show HN: I made a site where you practice typing by retyping entire novels
Fantastic creation! I had a blast "reading" The Call of Cthulhu.
HashBasher··on Professor solves 240 computer science exam problems in 4 hours [video]
You actually have sorted in your career?
HashBasher··on Career Choice Tip: Cybercrime Is Mostly Boring
Coinjoin and coinswap is quickly making the tracing very difficult.
HashBasher··on The Atlantic lays off almost 20% of staff
Micro-payments can be done quite easily via Bitcoin's second layer network Lightning Network. There has been a functional demo of this technology for articles, check out yalls dot org.

Also, no middleman needed, you can host your own server to make the invoices and accept payments using BTCPay Server https://github.com/btcpayserver/btcpayserver.

HashBasher··on Canada to bar entry to non-residents (except US)
There is also a family exception to this ban. Maybe he can sneak in that way.
HashBasher··on Canada to bar entry to non-residents (except US)
Imagine the complexity of that. Mind boggling.
HashBasher··on How to fight the coronavirus SARS-CoV-2 and its disease, Covid-19 [pdf]
Yes, we need more details about how to take care of yourself if you do exhibit those symptoms. Do we just address the symptoms? Anti-fever meds, cough drops?
HashBasher··on Stackoverflow is down
What's up here? I don't see any updates on their twitter or blog.

What am I gonna do the rest of the day??

HashBasher··on Endlessh: An SSH Tarpit
I wonder if you could make the attacker crunch out some shah-256 and you can profit by mining Bitcoin.
HashBasher··on Bitcoin Spreads Like a Virus
> it arguably failed.

I wonder how many people called the internet a failure, 10 years in.

HashBasher··on A few simple steps to vastly increase your privacy online
I did this a while ago, but don't see a huge difference with ads. I confirmed that around 13% of traffic is getting blocked.
HashBasher··on Ask HN: Tools or sites you use to scope out a workplace before taking a job?
And do what? Just quit your old job on the spot?
HashBasher··on A faster, more efficient cryptocurrency
Yet another PoS shitcoin... The validation of a cryptocurrency must burn real world asset!
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