Today we’ve got maybe - and estimates vary - anywhere from 150 million to 200 million people have used Bitcoin in some way. It’s coming. This vision to stream money to people that you care about, in a way that the government cannot stop, I know that’s what Laura wants, and that’s what you all want where you are upset with Twitter. Go to Nigeria for one day and see the struggle that people have to put up with, with their government and with their money. It is a type of online currency which is above from central control of any government and provide online exchange in more than 152 currencies of the world, with low or no transaction fees. J: That’s why I’m committed to Lightning, because this is going to be used by more and more people. How has traveling the world and going to different countries like this opened your eyes to the global impact of Bitcoin that maybe people in Wall Street or in Silicon Valley or in London may not be seeing? So can you talk about - for people who like in Nigeria or Sudan who are going to need micropayments, who are going to want to send $5 or $10, can you talk a little bit about your commitment at Square to Lightning, how you understood how Bitcoin will scale in layers perhaps instead of on the main chain, and why you are so committed to Lighting in a time where we are going to get a lot more user
p>
One strong use case for using bitcoin for commerce is that it is really easy to send long distances and because of the public/private key setup, people on both ends of the transaction are able to conduct business without really needing to know much about the other’s identity and without the need for a centralized third party. Many believe It was thinking like this that lead to the financial meltdown in 2007/2008. The advice from several financial experts stated that there was too much money in the system trying to find a home. And my goal in my life in this moment is to remove as much as I can the corporateness of our companies and find better intersections with the open-source community. Once we find that board, we’ll hire a lead, and they’ll start making grants denominated in bitcoin. Square Crypto and Steve and team and Matt have been focused on making sure that any wallet can easily turn on Lightning and to make this accessible to everyone. And that’s why we don’t deal with any other "currencies" or "coins" because we’re so focused on making bitcoin the native currency for the internet. My belief in bitcoin is that it’s an amazing asset, but my belief is that the internet needs a native currency, and we need to be able to transact with this every si
day.
Need to know what happened in crypto today? I know you’re saying "liar." I’m going to prove it to you. And they’re going to be tweaked at every hop, which means that even if you have multiple nodes that are on the path of the same payment, it’s not going to be payment hash, you’re going to see a different point, a different secret than in both nodes. It’s going to be a completely separate entity. A: youtu.be When you look at something like Lightning, it’s not just a payments network, it can also be a censorship-resistant social media platform. We want to do the same thing for social media. Can social media be more like Bitcoin? He’s more than a bank. ● Bitcoin implementation designed for testing soft forks on signet: Anthony Towns posted to the Bitcoin-Dev mailing list a description of a fork of Bitcoin Core he’s working on that will only operate on the default signet and which will enforce rules for soft fork proposals with high-quality specifications and implementations. Q24. How do I calculate my income from cryptocurrency I received following a hard fork? The FCA move comes amid pushback from regulators around the world against crypt
rency platforms.
Before continuing, I want to re-emphasize that Bob can't change where Alice's money comes from, where it goes, or how much is sent. Maybe you’re following what Marty and Matt are doing, and you can go into a "tribe" on Sphinx and you can stream them censorship-resistant private money on Lightning and nobody can stop you. What are your thoughts on this idea of financial freedom and privacy in a world that is moving beyond paper money? This is how bitcoins are created. ● Can you pay 0 bitcoins? The technology can provide benefits beyond the financial system. J: Yes, I do believe it can. She said "How can you say that bitcoin is a currency for everyone in the world, when you are the king of censorship? These are just a few examples of some of bitcoin’s investment potential. Carlson's first few mining operations were in impromptu locations with jury-rigged ventilation, like these warehouse facilities with residential HVACs and fans cut into walls.