The below is an off-site archive of all tweets posted by @lopp ever

June 1st, 2017

Plenty of experts profess “Bitcoin has no value!” but their lack of value perception doesn’t diminish our own. linkedin.com/pulse/what-goo…

via Twitter Web Client

@svnlyte Looks like the calculation link in that article is broken; see here: lists.linuxfoundation.org/pipermail/bitc…

via Twitter Web Client in reply to lopp

@svnlyte Because you have to get UTXOs first in order to open channels. Here’s some math: medium.com/@lopp/de-centr…

via Twitter Web Client in reply to svnlyte

Are there technically superior solutions to SegWit / Lightning? Sure, on paper. They tend to conveniently overlook the issue of deployment.

via Twitter Web Client

@AlpacaSW @AaronvanW @jgarzik That is one possible scenario, sure. But when you consider it a foregone conclusion b..twitter.com/i/web/status/8…Zp

via Twitter Web Client in reply to AlpacaSW

Fellow Bitcoiners: the assumption of bad faith does not embody the spirit of coopetition. It only leads to division.

via Twitter Web Client

@benyoung @CodyBrown @coinbase @projectfi Read the article I linked above; you’ll see that new devices can be added to Authy accounts.

via Twitter Web Client in reply to benyoung

@AlpacaSW @AaronvanW @jgarzik “Out of scope” is technically accurate & honest - doesn’t mean it can’t still be addr..twitter.com/i/web/status/8…on

via Twitter Web Client in reply to AlpacaSW

@CodyBrown @coinbase FYI Cody: avoid Authy - it’s still based on your phone number. Switch to @projectfi for a secure phone provider.

via Twitter Web Client in reply to lopp

.@CodyBrown’s @coinbase account hack is frustrating b/c @coinbase blogged about phone porting attacks 8 months ago. blog.coinbase.com/on-phone-numbe…

via Twitter Web Client

@AlpacaSW @AaronvanW There was never any such fine print. Folks should stop putting words in @jgarzik’s mouth. github.com/btc1/bitcoin/i…

via Twitter Web Client in reply to AlpacaSW

CodeWisdom “Give someone a program, you frustrate them for a day; teach them how to program, you frustrate them for a lifetime.” - David Leinweber

via Buffer (retweeted on 5:20 PM, Jun 1st, 2017 via Twitter Web Client)

@meeDamian @ChristofferDG No clue. Supposedly we’ll know in a few years, right? 🤣

via Twitter Web Client in reply to meeDamian

@ryne_miller @BitcoinsSG If you’re using bitcoin for timestamping purposes rather than exchange rate value, sure.

via Twitter Web Client in reply to ryne_miller

@PierreDePe @BitGo Yeah, I contacted them 6 months ago about that. Their recommendation was to “disable multi-device support.”

via Twitter Web Client in reply to PierreDePe

Donald thinks it’s a good idea to back out of the Paris climate agreement? pic.twitter.com/ZeqK5ZNwGw

via Twitter Web Client

@Aamirmlatif It’s possible that other coins do well or even better than BTC, but no one knows the future. Don’t inv..twitter.com/i/web/status/8…wp

via Twitter Web Client in reply to Aamirmlatif

@Aamirmlatif It’s a tried and true strategy. Day trading is just a great way to lose money.

via Twitter Web Client in reply to Aamirmlatif

@Aamirmlatif On a long time frame, newcomers are still early adopters.

via Twitter Web Client in reply to Aamirmlatif

aantonop Ethereum Q&A: The token ICO explosion youtu.be/zGKCmHWguEQ

via Buffer (retweeted on 3:34 PM, Jun 1st, 2017 via Twitter Web Client)

Unit bias is in effect. Suspect a non-trivial # of crypto newbies invest in alts simply b/c BTC is “too expensive.” twitter.com/lopp/status/87…

via Twitter Web Client

@ryne_miller In theory but not in practice due to fees. Divisibility doesn’t affect scarcity. Dividing gold bars in..twitter.com/i/web/status/8…mY

via Twitter Web Client in reply to ryne_miller

hudsonjameson Ethereum core devs are aware of the attempt to disrupt the Ethereum mainnet and are working on solutions.

via Twitter Web Client (retweeted on 2:56 PM, Jun 1st, 2017 via Twitter Web Client)

@SonnyDunnington @BitGo No; Authy is based upon your phone number and thus is vulnerable to phone porting attacks.

via Twitter Web Client in reply to SonnyDunnington

Might be time to start shaming services that allow users to “protect” accounts w/phone number based 2FA. @BitGo removed option 7 months ago.

via Twitter Web Client

“Dissecting Ponzi schemes on Ethereum: identification, analysis, and impact.” Great paper! arxiv.org/pdf/1703.03779…..twitter.com/i/web/status/8…H9

via Twitter Web Client

@L1AD @bendavenport @ARKblockchain So, by your logic, since you can’t economically subdivide a bitcoin into more th..twitter.com/i/web/status/8…e7

via Twitter Web Client in reply to L1AD

@L1AD @bendavenport @ARKblockchain Does subdividing gold bars into smaller and smaller portions make it “less scarce?”

via Twitter Web Client in reply to L1AD

@L1AD @ARKblockchain Indeed, though on the flip side due to rising fees it’s not viable to send less than ~0.0005 BTC

via Twitter Web Client in reply to L1AD

Folks who feel they missed the bitcoin boat are going to get a lesson in how small of a number 21,000,000 is relative to global population.

via Twitter Web Client

Citizens of India, Kenya, Russia, & Ukraine - your financial refuge awaits. pic.twitter.com/380YWsZZ1B

via Twitter Web Client

Brazil, Colombia, Venezuela - welcome to the revolution. pic.twitter.com/prGY8wou5n

via Twitter Web Client