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Udi Wertheimer
Bitcoiner. Coder. Adversarial thinker. Troll.
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Udi Wertheimer 3 ore
Răspuns către @udiWertheimer
The 1 out of 10 is something like an exchange using profits to subsidize mining fees for customers. But guess what, these companies are making a killing and are definitely not complaining
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Udi Wertheimer 3 ore
Răspuns către @udiWertheimer
A great way to tell a project has nothing to do with BTC is when the company says “moving will save us a lot of money on fees”. Why would the company pay the fees? 9 our of 10 times this means your service has nothing to do with BTC and no one cares. Just riding the hype train
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Udi Wertheimer 3 ore
Răspuns către @udiWertheimer
When faced with these truths, confused CEOs usually say “the community hates businesses”. Not true. We only hate dumb things! Bitcoin is money. Would you build your app on top of gold? Would you build it on top of USD? No, those aren’t even sentences. USD isn’t an app platform!
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Udi Wertheimer 3 ore
Yes Vinny, please GTFO. We don’t need your future poorly-implemented pump and dump scheme. You’ll just bicker on and on endlessly about how your spammy service that has nothing to do with Bitcoin can’t function with high fees. Build it on top of IOTA or something, no one cares
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Udi Wertheimer 12 ore
Răspuns către @bitstein @pierre_rochard
Or in my case: come to buy shitcoins, stay because my bank won’t accept fiat deposits from shitcoin gains OK OK relax I’m kidding, geez
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Udi Wertheimer 15 ore
ETH hodlers
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Udi Wertheimer 18 ore
I think will be great for newbies once out of beta. Until then, ?
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Udi Wertheimer 18 ore
For Android I recommend a combination of , , , and . Also as a custodial wallet for small amount with free fees. All have SegWit! See this thread for more details:
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Udi Wertheimer 20 ore
Răspuns către @DigitalBitbox @MrHodl
Does Electrum+Bitbox support SegWit?
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Udi Wertheimer 25 dec.
Răspuns către @DanDarkPill
Damn Roger is a real pro
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Udi Wertheimer 24 dec.
Merry Christmas shitcoin friends! Here in Israel we have our own altholiday, it’s a low marketcap but we scaled it up to 8(MB) days! Science! ❄️🎊🎄
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Udi Wertheimer 24 dec.
Răspuns către @perelmanor @roysebag
Yeah but read the introduction for the reasoning behind the need to not trust intermediaries. It's mostly about reversibility. Anyways, I don't like reading too much into what Satoshi wrote in a PDF file almost a decade ago..
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Udi Wertheimer 24 dec.
Răspuns către @perelmanor @roysebag
Then we can build payment systems on top of that. And we are.
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Udi Wertheimer 24 dec.
Răspuns către @perelmanor @roysebag
What Satoshi *did* mention is that payments in the traditional system can be reversed, and that this means the whole system has to work around that. In order to avoid being able to reverse payments, *you have to have* censorship resistance. That's the basic building block.
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Udi Wertheimer 24 dec.
Răspuns către @perelmanor @roysebag
Yes there's definitely demand for people and organization wanting to secure their own gold bars. That's not new. Ask around. Satoshi didn't say anything about not "trusting" PayPal. What are you worried of? That they'll steal your $50 payment?
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Udi Wertheimer 24 dec.
Răspuns către @BTChip @LedgerHQ @TREZOR
Interesting. Do you which derivation path should be used to trigger that? For P2SH-P2WPKH it's BIP49
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Udi Wertheimer 24 dec.
Răspuns către @perelmanor @roysebag
For self sovereignty. For censorship resistance. This isn't some theoretical threat - the country we live in for example intentionally makes it difficult to acquire gold. Bitcoin is useful here as a replacement.
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Udi Wertheimer 24 dec.
Well that's fair but if you're just looking to invest in altcoins, isn't it easier to accept payments in fiat and buy altcoins independently of your customers?
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Udi Wertheimer 24 dec.
Răspuns către @JihanWu
Of course it's confusing. You can also just change its name to something less confusing, like , and then you can use it together with Bitcoin in the same app with no confusion!
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Udi Wertheimer 24 dec.
You mentioned Ripple, I don't think they'll agree their goal is to be "free from the banks". And really, why do you want to be "free from the banks"? What are you trying to achieve? What's your pain when using Venmo/credit card?
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