Damus

Recent Notes

BitcoinIsaiah profile picture
Yeah, which is why I’m hoping these high fees encourage bitcoiners to support scaling updates. As the network gets more expensive, scaling solutions will need to happen or else only the wealthy can afford to hold their own keys.
BitcoinIsaiah profile picture
The fees in #Bitcoin are now completely dominating the entire block reward of every other PoW chain.

Reward given to miners every 10 minutes:
Bitcoin (fees only): 1.92 BTC
Dogecoin: 0.19 BTC
Litecoin: 0.05 BTC
BCash: 0.03 BTC
Monero: 0.01 BTC
BitcoinIsaiah profile picture
“So you’re telling me people used to get paid in money that was designed to sneakily steal from them, and they just accepted it??”

Yup. Not only did they accept it, they called us crazy for adopting money that didn’t steal from us. #Bitcoin