When it comes to tradeoffs, attempting to achieve fungibility at the wallet level via CoinJoins....
It is really hard to understand bitcoin when first approaching the subject.
Price is the lure that drives capitalists to plug in miners and chase tokens to be liquidated for a slight profit (hopefully).
In case some of you freaks haven't heard yet, yesterday the market became aware that OFAC, the Office of Foreign Asset Control, had sanctioned two bitcoin addresses belonging to two Iranian men who have launched ransomware attacks for the last 5 years.
When it comes to tradeoffs, attempting to achieve fungibility at the wallet level via CoinJoins....
It is really hard to understand bitcoin when first approaching the subject.
Price is the lure that drives capitalists to plug in miners and chase tokens to be liquidated for a slight profit (hopefully).
In case some of you freaks haven't heard yet, yesterday the market became aware that OFAC, the Office of Foreign Asset Control, had sanctioned two bitcoin addresses belonging to two Iranian men who have launched ransomware attacks for the last 5 years.
The narrative that persisted last year was that Bitcoin is boring, slow, and rudimentary while ICOs are the wave of the future, and the mania around this hot toy + narrative drove prices into irrational levels.
To me, the best path to fulfilling the dream of Bitcoin as a super decentralized GLOBAL system includes a (totally round) world in which we have plug and play hardware that serves multiple purposes like Francis' miner + furnace above. At the moment, these visions may seem like pipe dreams
