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re: Official CryptoTalk Thread

Posted on 4/4/23 at 12:01 pm to
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 4/4/23 at 12:01 pm to
Double what trouble? It all settles on the worlds most secure chain.

At this point it is a feature of Bitcoin. Damn near every app utilizes it and it’s not a token project.



This post was edited on 4/4/23 at 1:48 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10451 posts
Posted on 4/5/23 at 9:01 am to
quote:

Double what trouble? It all settles on the worlds most secure chain.

At this point it is a feature of Bitcoin. Damn near every app utilizes it and it’s not a token project.


You have to worry about issues with Bitcoin and issues with the 2nd network, in this case the Lightning Network. I prefer to deal with L1s so I only have to worry about issues with one network.

Don't forget Bitcoin had an inflation bug discovered just 3 years ago. I'm not sure how you can quantify it as the most secure chain.

I'm also not a fan of anything having to do with proof of work. POW is destroying the environment and making computers more expensive which drives up inflation.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57530 posts
Posted on 4/6/23 at 9:56 am to
quote:

It all settles on the worlds most secure chain.
you mean the chain that has had 2 inflation bugs?
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