Apple Has Included Bitcoin Whitepaper in Every Version of macOS Since 2018

[NEPOBABY]

Legacy finance uses way more energy.

Bitcoiners always have this extremely bad excuse to justify their terrible software.

"Legacy finance", whatever you mean by that, doesn't use more energy per transaction.

This is what you are supposed to be measure. Energy per transaction. Bitcoin is the most wasteful method ever created. It's just a stupid system for crooks who wanted to do crooked things online and didn't care if it doesn't scale or how it worked.

There are also tons of hidden cost in bitcoin transactions that they do not count. Mining farms are enormous and have their own costs, they dump excess heat into nearby rivers damaging wildlife. All for what? 6 or 7 transactions per second that have almost no meaningful benefit to the economy?

So do Christmas lights... and clothes dryers... and other things that are far less important than financial freedom.

Christmas lights attract tourism. Clothes dryers dry your clothes. These things are useful.

Bitcoin attracts scammers and criminals. It's useful for them only.

21m max supply; no out of control printing/inflation.

Bitcoiners always show their ignorance of economics. Central banks are supposed to be able to inflate or deflate the money supply in response to economic activity. They are supposed to assist with forming economic policy. Without these you have no economy. You will have chaos.

Disinflationary; every 4 years, the issuance gets cut in half... commonly referred to as the halvening.

This is meaningless.

More divisible than any fiat currency; to 8 decimal places.

This is meaningless, but actually internal banking systems can add as many decimal places as they want.

Bitcoin itself had only 2 decimal places in the first year and they were called 'cents'.

Open; anyone can access it.

Borderless; it's international.

So basically good for money laundering and terrorism.

Neutral; it doesn't care who the sender / receiver is.

Public; transparent and fully auditable.

So no good for privacy.

Decentralized; mining participants are global and cannot make changes to the network without consensus.

Pointless and meaningless. National governments have to be able to control economic policy otherwise they will lose out to countries that do.

Permissionless; send a transaction to anyone, anywhere at any time.

Except that you have to sign up to an exchange who take a 3% cut and then you have to pay transactions fees and then the person on the other end has to pay an exchange 3% and in the middle of that the price is very volatile.

Bitcoiner arguments are weak and financially illiterate. It's a badly designed software system for sending numbers around inefficiently. It's not money, it's barely used as a payment system, it's almost all criminal activity and speculation. That's all you have after 15 years.

Ask bitcoiners this one simple question:

Why do you always attack the US dollar? China invented the concept of money and quantitive easing as we know it. The rest of the world is using their concepts.

Let's see bitcoiners say all these things about the yuan.

They won't, because they won't attack or criticise them.

 

[Eldaerenth Faexidor]

It’s the missing CrytoQueen, flipping the bird.

 

[purplerainpurplerain]

Nakamoto was Steve afterall ?

Steve was a progressive liberal and bitcoin wallets were banned from the App Store in his last year. The opposite of the crooked bitcoin culture.

 

[AgentElliot007]

Bitcoiners always have this extremely bad excuse to justify their terrible software.

"Legacy finance", whatever you mean by that, doesn't use more energy per transaction.

This is what you are supposed to be measure. Energy per transaction. Bitcoin is the most wasteful method ever created. It's just a stupid system for crooks who wanted to do crooked things online and didn't care if it doesn't scale or how it worked.

There are also tons of hidden cost in bitcoin transactions that they do not count. Mining farms are enormous and have their own costs, they dump excess heat into nearby rivers damaging wildlife. All for what? 6 or 7 transactions per second that have almost no meaningful benefit to the economy?



Christmas lights attract tourism. Clothes dryers dry your clothes. These things are useful.

Bitcoin attracts scammers and criminals. It's useful for them only.



Bitcoiners always show their ignorance of economics. Central banks are supposed to be able to inflate or deflate the money supply in response to economic activity. They are supposed to assist with forming economic policy. Without these you have no economy. You will have chaos.



This is meaningless.



This is meaningless, but actually internal banking systems can add as many decimal places as they want.

Bitcoin itself had only 2 decimal places in the first year and they were called 'cents'.



So basically good for money laundering and terrorism.



So no good for privacy.



Pointless and meaningless. National governments have to be able to control economic policy otherwise they will lose out to countries that do.



Except that you have to sign up to an exchange who take a 3% cut and then you have to pay transactions fees and then the person on the other end has to pay an exchange 3% and in the middle of that the price is very volatile.

Bitcoiner arguments are weak and financially illiterate. It's a badly designed software system for sending numbers around inefficiently. It's not money, it's barely used as a payment system, it's almost all criminal activity and speculation. That's all you have after 15 years.

Ask bitcoiners this one simple question:

Why do you always attack the US dollar? China invented the concept of money and quantitive easing as we know it. The rest of the world is using their concepts.

Let's see bitcoiners say all these things about the yuan.

They won't, because they won't attack or criticise them.

Great response, though you could’ve gotten into how it’s not really decentralized at all when you look at the mining pools, and that Blockstream essentially owns protocol development. Oh, and Blockstream happens to be deeply in bed with the fraudulent Tether folks who manipulate the entire “market” on a daily basis with their largely unbacked stablecoin. Crypto is rotten to the core. A terrible example of modern day cultish thinking mixed with Ponzi scams.

 

[NEPOBABY]

Great response, though you could’ve gotten into how it’s not really decentralized at all when you look at the mining pools, and that Blockstream essentially owns protocol development. Oh, and Blockstream happens to be deeply in bed with the fraudulent Tether folks who manipulate the entire “market” on a daily basis with their largely unbacked stablecoin. Crypto is rotten to the core. A terrible example of modern day cultish thinking mixed with Ponzi scams.

Yep, it's like 3 large mining pools who are all friends and all buying their mining machines from the same supplier.

Then there's like three exchanges which have overlapping investors and shareholders who are mostly unknown and out of reach of the law. They can print stable coins on demand, ignore laws, manipulate prices, fake volumes. It's all one big dog poo.

 

[CarAnalogy]

This was left by a developer for fun, I wouldn't read too much into it.

This reminds me of all the times I’ve needed to test a scanner and just grabbed the first thing I see on the person’s desk.

 

[4odomi]

Because that philosophy has worked out so well for the marketshare of Windows in the past couple years.

The real problem with Apple programers these days is;
1) Working from home
2) The best ones have left and only the average & below average are left.
The truth is Bitcoin have probably paid Apple to leave it there and get all the free publicity

 

[anthony13]

And bitcoin white paper is what exactly?

 

[coolfactor]

I barely trust something that has entire nations, lawyers, retirement funds, everyday folks, and lobbyists depending on and fight over, that something that relies on the preposterous premise of "mining" is the most obvious recipe for financial disaster that anyone could ever come up with.

Incorrect premise. Do you understand what mining is in the context of cryptocurrency?

Note, it's incorrect to refer to cryptocurrency as just "crypto" since the area of 'cryptography' is much bigger than just digital currency.

 

[coolfactor]

The real problem with Apple programers these days is;
1) Working from home
2) The best ones have left and only the average & below average are left.
The truth is Bitcoin have probably paid Apple to leave it there and get all the free publicity

There's no such thing as a company or organization called "Bitcoin". It's one of many, many digital coins.

 

[coolfactor]

And bitcoin white paper is what exactly?

It's the original document of the Bitcoin specification. The mining process, components involved, algorithms, safety measures, etc. It answers the question - what is bitcoin? 🤣

 

[Blowback]

Cue the conspiracy theories. Whenever ANYTHING happens these days it turns into a ******** of asinine people online claiming to know the REAL reason some random thing actually happened.

Actually I Do know who and why…it’s because..oh, wait…is this the Reddit Forum?

 

[Blowback]

I love it when in life someone makes a quick decision over a simple task that did no harm, and then it becomes a societal point of interest consuming a huge focus by multiple individuals exerting multitudes more of brain power than ever was given in the initial decision that did no harm.

I KNEW you were a part of the conspiracy….

 

[NEPOBABY]

It's the original document of the Bitcoin specification. The mining process, components involved, algorithms, safety measures, etc. It answers the question - what is bitcoin? 🤣

It's not even the original. That one from October 2008 still didn't have a name and has been scrubbed from the web. Nobody even follows the document that exists. It was supposed to be 1 miner = 1 CPU. Within 2 years it quickly began to centralise with wealthy miners building big FPGA and then ASIC farms. Now it is like 3 big miners who control the majority of it.

 

[jooish]

Bitcoiners always have this extremely bad excuse to justify their terrible software.

"Legacy finance", whatever you mean by that, doesn't use more energy per transaction.

This is what you are supposed to be measure. Energy per transaction. Bitcoin is the most wasteful method ever created. It's just a stupid system for crooks who wanted to do crooked things online and didn't care if it doesn't scale or how it worked.

There are also tons of hidden cost in bitcoin transactions that they do not count. Mining farms are enormous and have their own costs, they dump excess heat into nearby rivers damaging wildlife. All for what? 6 or 7 transactions per second that have almost no meaningful benefit to the economy?



Christmas lights attract tourism. Clothes dryers dry your clothes. These things are useful.

Bitcoin attracts scammers and criminals. It's useful for them only.



Bitcoiners always show their ignorance of economics. Central banks are supposed to be able to inflate or deflate the money supply in response to economic activity. They are supposed to assist with forming economic policy. Without these you have no economy. You will have chaos.



This is meaningless.



This is meaningless, but actually internal banking systems can add as many decimal places as they want.

Bitcoin itself had only 2 decimal places in the first year and they were called 'cents'.



So basically good for money laundering and terrorism.



So no good for privacy.



Pointless and meaningless. National governments have to be able to control economic policy otherwise they will lose out to countries that do.



Except that you have to sign up to an exchange who take a 3% cut and then you have to pay transactions fees and then the person on the other end has to pay an exchange 3% and in the middle of that the price is very volatile.

Bitcoiner arguments are weak and financially illiterate. It's a badly designed software system for sending numbers around inefficiently. It's not money, it's barely used as a payment system, it's almost all criminal activity and speculation. That's all you have after 15 years.

Ask bitcoiners this one simple question:

Why do you always attack the US dollar? China invented the concept of money and quantitive easing as we know it. The rest of the world is using their concepts.

Let's see bitcoiners say all these things about the yuan.

They won't, because they won't attack or criticise them.

Yikes.

You could have saved yourself the time and just said "I don't get it" or "Bitcoin bad", but instead you made pointless and meaningless critiques for why you don't get it and that Bitcoin bad.

You went from "so it's basically good for money laundering and terrorism" immediately to "so no good for privacy" while completely missing the obvious contradiction.

No-coiner nonsense at it's finest. Have fun watching your savings and spending power deteriorate to fund the next thing you didn't vote for.

 

[bluecoast]

I would’ve preferred ‘A Note Thoughts on Flash’ by Steve Jobs.

 

[Nugget]

You could have saved yourself the time and just said "I don't get it" . . . Have fun watching your savings and spending power deteriorate to fund the next thing you didn't vote for.

"few understand"

"have fun staying poor"

Coiner nonsense at its finest.

 

[NEPOBABY]

Yikes.

You could have saved yourself the time and just said "I don't get it" or "Bitcoin bad", but instead you made pointless and meaningless critiques for why you don't get it and that Bitcoin bad.

You went from "so it's basically good for money laundering and terrorism" immediately to "so no good for privacy" while completely missing the obvious contradiction.

No-coiner nonsense at it's finest. Have fun watching your savings and spending power deteriorate to fund the next thing you didn't vote for.

Money, actual money, is supposed to lose a little value every year to encourage investing and spending. If inflation didn't exist there would be even more hoarding of money by the wealthiest, they would invest even less in companies, and that means economic activity would be crushed.

Bitcoiners can't understand this very basic concept.

They don't seem to mind being pumped, dumped and manipulated by a few dozen whales though. It's one big circle jerk of scams and cult mentality. All they want at the end of the day is MORE DOLLARS.

 

[jsnuff1]

Money, actual money, is supposed to lose a little value every year to encourage investing and spending. If inflation didn't exist there would be even more hoarding of money by the wealthiest, they would invest even less in companies, and that means economic activity would be crushed.

Bitcoiners can't understand this very basic concept.

They don't seem to mind being pumped, dumped and manipulated by a few dozen whales though. It's one big circle jerk of scams and cult mentality. All they want at the end of the day is MORE DOLLARS.

Lol ok boomer, correct fiat is designed to keep the wealthy investing and poor people continually losing any little savings they manage to have.

Bitcoin is meant to give the people power for once, and an asset that has only gone up over time and will continue to do so. Bitcoiners want nothing to do with dollars.

Enjoy holding on to those dollars as the dollar train comes to its end, and has already started to unravel.

 

[jooish]

"few understand"

"have fun staying poor"

Coiner nonsense at its finest.

That's what you get when you call an entire space pointless, meaningless, criminals, terrorists, etc. to an obvious participant instead of asking how to address areas of concern... not that I have all the answers, but it's clear with those remarks that I'm dealing with a narrow mind. Been there, done that... I know where it leads- I'm good.

HFSP 🤣

 

[NEPOBABY]

Lol ok boomer, correct fiat is designed to keep the wealthy investing and poor people continually losing any little savings they manage to have.

Bitcoin is meant to give the people power for once, and an asset that has only gone up over time and will continue to do so. Bitcoiners want nothing to do with dollars.

Enjoy holding on to those dollars as the dollar train comes to its end, and has already started to unravel.

You don't believe in any of the things you're saying. You stare at charts priced in dollars all day long.

Take up the challenge. Say the things you are saying about the yuan. I dare you to go to China, stand on a street corner or use a Chinese social media app, and scream all day about the yuan and Chinese central bank.

I triple dare you. Bitcoiners are cowards and they only rant in countries that give them free speech to rant and scam.

 

[ninethirty]

I absolutely love, and will never get tired, of the salt around here for crypto. Seeing the value in crypto and getting in early paid for my house, my car, and is the reason I'll retire before 50.

 

[techpr]

And bitcoin white paper is what exactly?

The original document written in 2009 of the Bitcoin technology fundamentals that the mayority of people ignores. Read the document, it just cover the basics. If you want to go very deep in with true knowledge go here https://www.youtube.com/@aantonop/videos

 

[CooKieMoNs7eR]

I absolutely love, and will never get tired, of the salt around here for crypto. Seeing the value in crypto and getting in early paid for my house, my car, and is the reason I'll retire before 50.

shhhhhh don't tell them, let us keep accumulating before the masses wake up...

 

[tothemoonsands]

The original document written in 2009 of the Bitcoin technology fundamentals that the mayority of people ignores. Read the document, it just cover the basics. If you want to go very deep in with true knowledge go here https://www.youtube.com/@aantonop/videos

So many people immediately classify all cryptocurrencies as scams, yet there is no doubt that the meteoric rise of Bitcoin (and subsequently other cryptocurrencies) are due to the indisputable innovation outlined in this whitepaper. Satoshi built upon/completed the work of Back, Dai, Merkle, etc etc. Essentially solving work that took decades from the leading cutting-edge computer scientists and cryptographers.

Many people also don't realize that since the inception of the internet, there was a vision of a global payment system such as Bitcoin. Everyone has seen HTTP error code 403 Forbidden or 404 Not Found, but one lesser known one that has been reserved for decades is 402 Payment Required. This response code is reserved for future use with the intended use of a digital payment system being required to access web content. This is not yet used, but one can envision a future of micropayment transactions (think 1/1000 of a penny) to visit some sort of website content instead of countless sponsorships/ads plaguing the internet and/or personal data being resold to recoup the cost of "free" content. There is no such thing as a free lunch, and many would prefer to pay small bits in lieu of giving up their privacy.