we can retain the hard money and the scarcity properties that make bitcoin so great, even if there are intermediaries that are serving the chain for. Its our responsibility to police those intermedaries. So at that point its on bitcoiners to try and force them to behave appropriately. This is the total economic throughput divided by the bytes that are being throughput on bitcoin. Its better to get ahead of sell stop meaning in forex that and just encourage the large industrial users who have large chain impacts to behave appropriately and right now that means SegWit and batching. January 2011 video on the animal went viral. We can look at batching and see where coins are being sent and how. In many cases it just comes down to laziness or not caring too much about the on-chain impact. This is my model of how bitcoin is likely to look like in the future. We have the problem that the UX of using bitcoin at the base layer is in many cases worse than using it through an intermediary.
You can also tag a bunch of exchange addresses and see that about 18 of all bitcoins is held within those exchanges hot wallets. We should be much more critical and we should actually look at the chain to determine what the real float of these things is and what the real supply is, because you have multi-billion market caps for many altcoins, and effective (or realized) caps. Says Ver: "I don't think Bitcoin cares what the Chinese or American politicians.".
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If these intermedaries are supporting hostile forks to bitcoin, then they are overtly hostile to bitcoin and we should make them aware of that and treat them accordingly. There are huge amounts of bitcoin held on exchanges and theyre essentially operating as full reserve custodial banks. Cookie Use and, data Transfer outside the. And now forex auto trading software you have Ethereum devs asking users to stop running dApps and. Fees: Buy.5, Sell.9 from BitcoinAverage. Obviously we are, but we just have natural constraints. This is the average transaction size in bytes.
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