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SAL
Lex Fridman
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Comments by "SAL" (@SAL-fs1mr) on "Anthony Pompliano: Bitcoin | Lex Fridman Podcast #171" video.
Lightning network.
4
When it comes to cryptocurrency, bitcoin is the king, it is the standard. Bitcoin alone accounts for the lion's share of the entire crypto ecosystem. Avoid altcoins as the vast majority are scams or failures, and the ones that aren't are probably not going to keep up with Bitcoin's value appreciation in the long run.
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Don't waste time with those. Bitcoin is the standard.
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Gotta be oPeN MiNdEd. I guess that means talking to scammers.
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@PureWaterSolutions there was a concerted effort of developers, miners, and bitcoin companies to change the blocksize variable in Bitcoin in 2017. But users determine the rules and the users blocked them. If it didn't work for the blocksize variable, it won't work the for the supply variable.
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@PureWaterSolutions no, that's wrong. Any changes by the developers is meaningless when the users are the ones who choose the version of the code to run. You should study bitcoin more carefully, it isn't similar to other systems you are familiar with.
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You can put cash in and get bitcoin on your phone. You can keep the bitcoin or send it to anyone else in the world.
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Yes, that's why Bitcoin is the standard.
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If that was true, the dollar supply wouldn't have increased by over 20% in the last 12 months.
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Saying I'm not open minded because I don't want to buy any of your altcoins is a pretty toxic mentality.
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No, because the cold storage will have a paper backup.
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Which is a cursory understanding of what bitcoin really is.
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Securing the bitcoin network.
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BTC is the answer.
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Yes, Nic Carter gave in some
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That alone won't increase the coin supply, you would also need all the users of the network to agree to run the new software. But that won't happen because users don't want to dilute their holdings.
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@PureWaterSolutions yes, but the gatekeepers are the users because they ultimately decide which code is run. Not the developers.
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