BitcoinLizard @lizard@bitcoinlizard.net

To put it quite simply, the problems with the world today that #Bitcoin is clearly the solution to are so blatantly obvious that if you haven't done your homework and bought some bitcoin, I don’t have the time to try to convince you, sorry.

As time goes on and more corporations and wealthy individuals buy #Bitcoin it becomes less likely that government will attempt to outright ban or place overly burdensome tax requirements on Bitcoin. Corporations and the donor class run this country. Politicians need to get reelected so they can't mess with their corporate and private overlords.

That being said, we need to remain cautious. Buy KYC-free and hold your own keys.

Just did my first ever replace-by-fee transaction in Electrum. Just feeling like if my 20 sat/b transaction hadn't confirmed yet this weekend it wasn't going to happen.

I ended up bumping to 41 sat/b and the transaction cleared, USD price of about $7.

Kind of my last major concern about Bitcoin's long term success was would fees get high enough to incentivize the miners when the subsidy goes away. It seems we might be seeing the fee market develop now. Will the mempool ever empty again?

Good luck with banning Bitcoin. See how that's going in Nigeria and India. It's just like prohibition and the drug war in the US. When you have a product that people want/need regulation won't stop it.

#Bitcoin

With shitcoins the quality of marketing determines the dollar value and ETH has the most effective marketing. There are no shitcoins that actually solve any problems (it is debatable whether Monero is a shitcoin or not).

I'm not going to claim that Tether is fully backed, no one except Tether knows the truth. However the insinuation of Tether truthers that 32 billion of Tether is holding up #Bitcoin and its 1T value when we know corporations are buying billions worth is laughable.

Lots of cope

It is time. My computer is older than #Bitcoin because I've been stacking but I need to build a new one.

I haven't paid much attention to the Linux hardware landscape lately but as I understand it the open source AMD GPU drivers are the way to go for a Linux only system that I'll use for light gaming and Bitcoin stuff. For a mid range (see $500 these days) GPU I was thinking I'd target the AMD RX 6700 when they come out.

Anyone have any thoughts in general on a new Linux only build?

Anyone have any experience with these IRA products where you hodl your own #Bitcoin keys? Lately I've been feeling less comfortable with the counterparty risk of the $GBTC I hodl in my IRA.

A great thread by @alphaazeta on why #Bitcoin lending is a really bad idea in general. Not your keys...

https://mobile.twitter.com/alphaazeta/status/1103307750946295808

Want to earn 3.05% by loaning you #Bitcoin to Gemini's friends? I think fucking not! Their complete lack of liability in this agreement makes me wonder who in their right mind would lend them their Bitcoin.

https://www.gemini.com/legal/gemini-earn-program-terms-and-authorization-agreement#section-1-program-risks