Recent content by leon.davibe

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    Can bitcoin replace old-school dollar?

    Anybody that believes this fairytale of small block replacing the dollar , needs to brush up on their basic math
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    Elon Musk Just Reopened an Old Wound in the Bitcoin World

    Bitcoin was always meant to have big blocks Agreed the french guy wanted to be a dictator, hence why BSV forked away from that medium block dumpster I think you can attempt a small block or a big block but not a medium block The point though is satoshi released a bitcoin allowing for data push...
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    Elon Musk Just Reopened an Old Wound in the Bitcoin World

    He struck a nerve essentially saying exactly what craig wright has been saying for years
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    Elon Musk Just Reopened an Old Wound in the Bitcoin World

    The fight hasn't been dormant Btc clan just censors/blocks anybody that responds with any aposing logic to the point like it seems it's dormant Bsv has been mining record blocks disproving any small block bullsh1t, are you aware of it ? Why not ? Fighting to host a whitepaper that has no...
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    Couriers must stop delivering packages that are under 1kg in South Africa - Post Office

    Well they brought this fight to their own doorstep Those parcels was regarded as econoparcels and shipped for R21.30 Couriers could not compete with that They dumped that and the lowest price you could send a parcel or not a letter Jumped to close to R50 Couriers could compete with that As...
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    Bitcoin is bulletproof against a 51% attack - Blockchain expert

    BTC fans: create new ways to generate fees to pay miners Also BTC fans: constant onslaught of your transactions aren't welcome in our tiny block New builders need capacity and stable ground , BTC ain't it Look to another fork is my advice
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    Bitcoin is bulletproof against a 51% attack - Blockchain expert

    I believe he was involved with the creation of luno (apply salt as needed ,not 100% certain) He has moved on though And happily shills his BTC bags and claim all else is a scam
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    Bitcoin is bulletproof against a 51% attack - Blockchain expert

    .the so called experts clearly aren't experts of the 21m 18.2m has already been paid out as block rewards BTC left as subsidy at each halving 2020. 2 625 000 BTC 2024. 1 312 500 BTC 2028. 656 250 BTC 2032. 328 125 BTC 2040. 164 062 BTC 2044. 82 031 BTC 2048. 41...
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    Here is what the banks say about buying Bitcoin in South Africa

    The problem though , with legislation privacy coins will get delisted from exchanges so eventually you will have to even buy that on the black market And the privacy is assumed to be genuine Just the other day on another privacy coin it was revealed that researchers could trace 93% of...
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    Here is what the banks say about buying Bitcoin in South Africa

    There is much of a saving The transaction fee isn't a % on these coins it's a flat fee ie to transfer R1m cost the same as R1 Yes the part that does take a fee is the exchange ie luno takes 1% there are cheaper options though and even if you use luno by using the maker option you can buy coins...
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    Here is what the banks say about buying Bitcoin in South Africa

    Not really The closest thing a wallet has to this ID idea Is the private keys, and if you reveal that to someone they can derive all the address from it ,but also have access to your money to empty your wallet The wallet doesn't actually contain any coins It just keeps the keys that can...
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    Here is what the banks say about buying Bitcoin in South Africa

    With a transaction you reveal an address that forms part of your wallet You don't reveal every address in your wallet A transaction can be made up of multiple unspent transactions
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    Here is what the banks say about buying Bitcoin in South Africa

    Not quite you generate a new address for them to pay to they can only trace transactions that link to that address as they know for a fact that it belongs to you And naturally if you pay an amount that's larger than the amount they sent you ie if they send you R1000 and you pay someone R2000...
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    Here is what the banks say about buying Bitcoin in South Africa

    pseudonymous not anonymous Banks are just clueless Well for that matter a bunch of Bitcoiners are too so can't really blame them
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    Here is what the banks say about buying Bitcoin in South Africa

    They have a threshold for transactions that has to be reported to SARS
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