Damus

Recent Notes

Noshole · 10h
Lmao
Noshole · 10h
Do you know who you’re talking to? I can’t even recover a fucking Gmail password by myself. I have no actual idea of what’s goin on anywhere. I just point and laugh
kidwarp · 12h
No?
kidwarp · 14h
I avoid Walmart as much as possible…
kidwarp · 14h
Well it’s not like square is a large payment processor… they are ting to the likes of ingenico or the likes… And most large corporations use their own system…
kidwarp · 15h
So I finally found someone in my area that uses square as a payment processor… Yeah they don’t accept bitcoin and it actually takes a week for payments to post… Oh and since paying in btc didn...
gojiberra profile picture
yeah, i think it takes the manager to log in to the dash where they can turn the bitcoin part on. but the newer terminals have it built in so the customer can actually toggle to bitcoin on the screen facing them.

the guy that i got to turn it on, seemed to get some sort of cashback when i use it...i don't know if that was like a temporary sign on or what.
2
ethfi · 15h
Resilience is key
kidwarp · 14h
Idk seems like crap I won’t try again lol fuck square… Fuck jack… shit company
gojiberra · 15h
the geopolitical angle is not one i've seen hashed out... would be hear about from someone who is a Risk/Poker pro/Game theorist.
gojiberra profile picture
i also just realized after reading Jimmy Song's article that the filtering doesn't go into place until a few weeks later.

from what i understand:

1. flip the bit August 8
2. couple weeks later rules are enforced

i thought they could run with whatever software and signal they wanted while enforcing rules that would be OK with Bip110 rules.

The idea that they need to signal is new to me. Maybe i misunderstood...

if i were the mining pool, maybe i would blink the bit on and off just for fun.
gojiberra · 15h
i also just realized after reading Jimmy Song's article that the filtering doesn't go into place until a few weeks later. from what i understand: 1. flip the bit August 8 2. couple weeks later rules are enforced i thought they could run with whatever software and signal they wanted while enforcin...
ethfi · 15h
Work hard play hard
Robert Gremillion · 15h
I am wondering if the Foreign Mining Pools see the U.S. Consortium trying to take over Bitcoin Development and are now incentivized to flip the bit???
Robert Gremillion · 1d
Bip 110 activates 100% but will the miner cartel hold together???
gojiberra profile picture
Do you think one will split from the pack? I don't quite get the "game theory" behind the miners. It wouldn't be that big of a deal to lose an hour of mining rewards-- i assume.

at the end of the day, i bet they will just failsafe and filter just to save headaches

i honestly don't know how the newly created custodians like Schwab, Templeton, FIdelity aren't scratching their heads at this idea that more than just monetary data can be sent on bitcoin transactions. It seems like an Emperor-has-no-clothes moment.

I get it that there are popular twitter figures acting like it's no big deal, but if you ask people who are in the business of transferring money I'm sure they will raise their eyebrows if someone tells them that they should also accept arbitrary data.