417 karma · joined February 7, 2014
The police are a way for us to delegate our self-defense to a third party, the state. We give the police a certain level of authority in return for (hopefully) safety.
In your metaphor you're suggesting, "don't protect yourself, you already delegated that responsibility".
Censoring speech on the internet is exactly the same delegation of responsibility. "Don't protect yourself, delegate that responsibility to the censors".
Your metaphor is making the opposite point that you're intending.
This is obviously way better than drilling at home.
When he asked if I was talking about ETH, I told them I wasn't.
You're hijacking a thread to push your form of maximalism.
Would you like to discuss the differences between ETH/Altcoins and Bitcoin/Lightning? Or would you rather just label me a maximalist to dismiss the claim?
Centralized systems are much easier to capture and historically always are.
A 51% attack on Bitcoin/Lightning isn't impossible, but incredibly unlikely.
https://www.swanbitcoin.com/fact-check-darpa-funded-report-o...
I'm talking about Bitcoin with The Lightning Network.
Most payments I make over Lightning, regardless of size, carry a fee of fractions of a cent. On an average day I make 50+ payments over lightning - on aggregate the fees add up to less than $.01
Funny enough I discovered them because their founder/CEO was very loudly warning people about Celsius for like a year before it happened.
Sane setup:
1) Auto Direct deposit % of paycheck into something like Swan Bitcoin
2) Daily auto DCA using direct deposit balance
4) Weekly auto withdrawal to cold storage
Set it and forget it. Trust minimized. Sleep soundly.
Mashinsky is and always has been a huckster.