Except back then it as a good deal. Prices change.
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gentoobro (gentoobro@shitpost.cloud)'s status on Tuesday, 28-Jan-2025 22:48:16 JST gentoobro -
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djsumdog (djsumdog@djsumdog.com)'s status on Tuesday, 28-Jan-2025 22:48:15 JST djsumdog The only reason BTC is as valuable as it is today is because people traded it like that in the past. When you hear someone say they lost a key to $1m in BTC, well it wouldn't be worth $1m if you still had it.
You can recover gold if it sinks to the bottom of the ocean. You lose a backup of your BTC wallet and there's no recovering that ... until some math kid wins a noble prize for figuring out reverse sha hashes in polynomial time ... and then all bets are off for everything. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 28-Jan-2025 23:02:04 JST BowserNoodle ☦️ @djsumdog @cowanon @gentoobro >until some math kid wins a noble prize for figuring out reverse sha hashes in polynomial time ... and then all bets are off for everything.
Crypto will be btfo when that happens -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 29-Jan-2025 11:35:20 JST BowserNoodle ☦️ @gentoobro @djsumdog @cowanon It actually makes me nervous because the same thing that makes crypto great is also a huge vulnerability. I'll also acknowledge my own limitations here because my understanding is superficial at best; I mined doge and LTC like 10 years ago and stopped caring about it for a while. -
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gentoobro (gentoobro@shitpost.cloud)'s status on Wednesday, 29-Jan-2025 11:35:21 JST gentoobro Crypto will be btfo when running an unlicensed node (aka using bitcoin at all) is harshly criminalized under securities and tax laws.
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