Reddit Posts
Is succumbing to FOMO the only way to learn and master FOMO?
Kryptoradio and the Bitcoin-through-air concept, will this idea be reignited some day?
PSA: Scam NFTs are never safe to interact with. Here's why.
HAM$| 🍔 Hamburglar Inu 🍔 | Low MC token | 1000X Potential | Jeets out | Doxxed team 💫
How will Crypto fare in a scenario of Total Cyber Warfare?
$PONYO “Inu -> Impact” Rebranding Part 2 – Last chance to get on board before the train leaves. $150,000 giveaway for Genesis NFT holders. Buy Ponyo AND their NFTs. Now.
Are short term price spikes real? CoinMarketCap, Coinbase, and crypto dot com are all showing that the price of HAM jumped to over $0.015 this morning for about 10 minutes. Is that legit, or some sort of glitch?
Are short term price spikes real? CoinMarketCap, coinbase, and crypto.com (and maybe others) are showing that the price of HAM spiked to $0.15 this morning for about 10 minutes. Is that legit???
Is it possible to operate Bitcoin on a HAM Radio Mesh Network??
Mentions
Blockstream has the satellites and i believe it’s extremely difficult but someone has sent a transaction with a HAM radio? So technically possible but I’d imagine you wouldn’t be able to spend it easy
The sovereign wealth fund the US announced that Lutnick is managing is gonna go HAM on Bitcoin. That's completely separate from the SBR roo.
Wow. I had to lol. I have no idea how to help you, but thank you for posting here and showing others what can happen when you go HAM. Hopefully I never have to sell.
Blockstream is broadcasting the bitcoin blockchain data from space using geostationary satellites. People are currently running nodes as we speak with HAM radio.
Most probably lightning network via HAM Radio https://www.coindesk.com/markets/2019/03/04/bitcoin-coders-send-international-lightning-payment-over-ham-radio/
1. Same problem with legacy finance, Banks & ATMs need networks. 2. Our networks are far more robust. We've used mesh networking, HAM radio, and even a homing pigeon to send bitcoin transactions before!
At first glance, I thought the response was "HAM", not "NAH". That's closer to the responses I have gotten before giving up.
Smart. I started at the same time and went HAM on alts instead of stacking btc. Sucks to suck.
It was like this: A person wanted to sell some sneaker. The buyer wanted to pay with crypto. The seller had no idea how to use a trust wallet, so they installed it. They got sent this ISHND and they wanted to cash out. The did not know how so they asked me on reddit to help (since someone else asked about ISHND and I told them to sell it on pancake swap). I offered to help and I saw their wallet contents. They had ISHND (old) ([this ](https://bscscan.com/address/0x72cfd829bbda21f812f57c7012a5bf434cb6e7b3)address) and something called HAM. (hamster ). They were told to deposit BNB in their account until the HAM would go to 0. Indeed the ham was going down when bnb was deposited (Maybe they were getting some ISHND not sure). but the rate at which HAM was going down seemed to be slowing. At this point I helped the guy with the wallet connect to pancake swap and add the token id so they could see it was only worth 90 dollars. (they had 541k ishnd). Then the rest of the story unfolded. I am basically a middleman now but I also put some bnb in there which in my opinion is lost foreva!
A radio made out of HAM?!!!!!!!! Tell me more!!!!
if it goes to $10k again, I'm going HAM!
What? Nodes over HAM? Can a transaction be transmitted over radio as well or thats internet exclusive?
Technically, bitcoin can be transacted with homing pigeons, but I wouldn't recommend it. It is much more robust than legacy finance options like credit & debit cards for sure though. Mainly because the information exchange can be done peer to peer, such as phone to phone as long as one of those phones goes to the network later and broadcasts it's transaction. So assuming you can power your phone in that outage (solar charger?) you can do full bitcoin commerce with someone phone to phone and then your BTC balance could be updated the moment you get connected to the node network. The node network, by the way, can be made stronger than your ISP network for sure. It can be run over P2P hops and even HAM radio. All bitcoin blocks are broadcast from space via blockstream satellites. Bitcoin's robustness is probably the world's foremost disaster-ready transactional technology.
>You think the government even has the power to "shut down all internet connections?" All internet connections? No. All the mainstream connections (cox/ATT/etc etc) in its country? Yes of course. >satellite Who do you think owns and controls the satellites? >HAM radio No the government could not shut down ham radio. They could, of course, quite easily monitor any particular frequency, but either way the ham radio is not the internet. >every business in existence that currently lobbies the government Lobbies the government with... money, right? And abiding by its tax laws? They're on the same team, they both want control of money. The government and corporations are on the same team and they are not going to give up their control of money when they change currency.
You think the government even has the power to "shut down all internet connections?" Worst case scenario if they even tried, satellite and HAM radio would like to educate you. As would just about every business in existence that currently lobbies the government and relies on the internet for its survival. Not a chance.
Also this argument fails to consider the fact that bitcoin doesn’t need the internet to function thanks to people broadcasting over HAM and a company that does it via satellites. So much technology is distributed literally all over that unless some crazy shit happens that takes us back to the ooga booga days, people will be out there mining, running nodes, transacting, and building / rebuilding infrastructure.
No, there is no such ethos for "crypto" in any imaginable way. Nobody runs a node, not even on the cloud, to check the consensus they allegedly subscribe to. It's *don't verify, trust* all way down. Only in Bitcoin, and even there only minimally, you have a tiny but not insignificant core of users that try to run the thing over HAM and mesh and satellites in a way that could minimally be thought as realistically "rEsiStAnT" to actual disruptions attempts that would be found in a truly hostile environment. And even then it's more larping that anything; makeshift and far far from robust.
https://x.com/ValCryptoG/status/1770215536590241798 https://x.com/lucaasimon/status/1770140183586869581?s=20 Trust pilot going HAM!!
The price of where I buy doesn’t concern me. It’s how much of it I can buy. If I’m DCA right now $10 a day at 60k… I’d rather DCA at $200 a day at 120k… (With no mortgage). I’m getting MORE Bitcoin this way and debt free. I’m mega bullish on Bitcoin and have been for 7 years. Locking up my family’s future will let me go even more HAM on it.
If a person needed to they could generate their own seed with a paper, pen, and dice rolls (obviously not a good UX but the point is that it’s possible) Hypothetically if govt banned bitcoin overnight and Apple / Google removes wallets from app stores. Sure this would probably have a negative effect on adoption and price. It would not kill bitcoin though. Anyone could download software on PC / Linux etc and still access the bitcoin network. To kill access to bitcoin you would need to literally cutoff access to the web. Bitcoin has proliferated fairly well in collapsing fiat countries where governments have tried to ban it and introduce CBDCs. It’s essentially free advertising lol To reiterate, “banning” bitcoin requires banning someone’s access to the free and open web. Anyone with access to the internet can still use Bitcoin in a permissionless way…because of math. Also in extreme edge case scenarios people have sent bitcoin transactions using HAM radio when internet access was unavailable.
I did that with $HAM. I mean it’s right there in the name, it spells out sham…
Are you serious? I have never heard of HAM bands doing this. Cool!
Negative. BTC transactions can already transmit via HAM Radio. EMP nor a nuclear strike will take down the entire global BTC network. HODL.
I need to look into this it is an awesome concept! And HAM radios are pretty cheap insurance to keep BTC transactions going.
Not a chance https://www.coindesk.com/markets/2019/03/04/bitcoin-coders-send-international-lightning-payment-over-ham-radio/#:\~:text=10%20Years%20of%20Decentralizing%20the%20Future&text=blockchain%20and%20Web3.-,In%20what%20appears%20to%20be%20a%20first%2Dof%2Dits%2D,lightning%20payment%20over%20radio%20waves. These nerds sent bitcoin via lightning network using a HAM radio.
really happy that i went HAM on rndr. biggest bet for the upcoming bull for me.
Second source: " It's also severely illegal in the U.S. for a HAM operator to use any kind of encryption when transmitting."
Can you try to elaborate? There are times we go a bit lax on our rules and others where we go HAM on pushing the rules.
I'm with you on the very beginning part. But here's where we may depart: >It is also my belief that most of the current coins and tokens will serve purposes I was a close follower of computer tech starting in the '70s. Yeah, I'm old. One of the benefits of being old is seeing things now that had parallels in the past. Like the protocol wars. Back then we were dreaming of a vast computer network, linked by blindingly fast protocols. To us, 300 bits per second was awesome. I remember packet protocols over HAM radio. Some of these are still used today (the satellites are still working). So in that sense you are sort of right. Today's tokens will probably still exist long into the future. But those modern technologies back then are largely museum artifacts now. While we are living the promise that I believed in back in the 70's... it's taken 50 years to get here from there. And along the way almost all of the "wonderful" technology has been completely reinvented. For sure, the pace of innovation is accelerating and it's going to take less than 50 years for this wave of technology to mature. But while the pace may accelerate, the innovation will happen, and if history is any guide we should probably be betting that a lot of today's technology will be left far behind, and be mostly irrelevant in the real future. My dusty old HAM hardware is still useable, and I can make a crystal set from scratch if I need to. But if that ever comes to pass, a rifle and a plot of good arable land will probably be far more useful. And meanwhile, I'm able to discourse with you over my smartphone. In near real time. Which is beyond what we thought possible, way back then. The lesson here is that the technology of dreams does emerge. It happens. It just doesn't use today's technology.
Karma is a Reddit secret, actually. Generally 1 upvote = 1 karma but if someone is going HAM their votes matter less (so don't worry so much about downvotes or the 'downvote armies'). Comments count 2x towards karma, from a passed governance proposal a while back. So a comment with 5 upvotes has about 10 karma attached, give or take. The Moon ratio changes month to month. The Moon's issued is a fixed amount (I forget how many but it decreases by 2.5% each month) so if a lot of people are earning karma everybody gets fewer Moon's and if no one gets karma then people earn more. The last few distro's have been around 0.8 karma:moon, so any comment with 5 upvotes was worth 8 moons. During the bull the ratio was floating around 0.1 or 0.2 karma:moon, and a few months ago the ratio was *over* 1. You can view your estimated Karma count for the month using the CCMoons estimator, https://ccmoons.com/estimator A couple proposals that passed, which are important to know. If you sell or move more than 25% of your Moon's from your vault you get penalized in distro's until you're back to 75%. The estimator will show you how many this is. You earn a 5% bonus for voting in a governance poll plus 1.5% for each vote after, per month. So your 80 Moon's are more like 88. At the end of every month is 'Moon Week'. A sticky will go up at the top of this sub with links to the user-made polls you can vote on using Moon's. In that sticky or on a top comment someone will have calculated that month's ratio. There will also be a CSV spreadsheet included (the QuickEdit app handles these large files well, on Android) with everybody's username and their karma earned for that month, beside their public wallet address, and I think a bot is running now you can call with a (!) command that will check/post your karma for you (I forget the command but you'll see it posted in that thread a ton).
Yes, of course bitcoin works in North Korea. Even without landline connection to the internet you can use satellite. Boy, people even transmitted BTC transactions via HAM radio. There is nothing prohibitive about it. Is there a real use-case for people living in NK? Definitely not.
Have you ever heard of HAM-nets and packet-radio? There is a ton of people over the world that does this for fun and has the the skills and know-how to build these things from scratch. Sailmail/winlink comes to mind where people out in the middle of the ocean using shortwave radio to send and recieve emails. And even in a nuclear war you don't loose existing infrastructure and computers that are outside the blast-radius. Communication is probably the third thing that will get attention after food & electricity. You don't need cellular networks for this to work. Now, will people care about bitcoin if 97.6% of the population is dead? Probably not as they would be more likely to barter food, water and fuel just to survive.
Working on my HAM license exam questions for a few years now. Hopefully I should be done and ready to take the exam in a few more years.
It's possible to send BTC through HAM Radio. https://www.coindesk.com/markets/2019/03/04/bitcoin-coders-send-international-lightning-payment-over-ham-radio/
Hi, I don't have the exact answer but can provide a little insight. 1. Your transaction was included in an MEV block. This basically means that the validator rearranged the order of transactions within that block so they could extract the maximum value in fees from you and others. https://eigenphi.io/mev/eigentx/0xdc752507242b65c33e506bcfca0dd3e998bfedbc5def0dc2b8dc58adfcab7adf?tab=block In the above link we can see that a number of people were sandwich attacked by MEV bots. While your position (#63) in the block hasn't been flagged as a victim, I suspect there was still some manipulation involved here. 2. The token you purchased has a 5% & 10% fee for buying and selling respectively. We can see from the transaction you provided that 8 HAM went to an address controlled by the token issuer. Perhaps a combination of being sandwich attacked and immediately losing 5% to token fees? You can protect yourself from sandwich attacks by using the Flashbots RPC: https://github.com/flashbots/rpc-endpoint
Even at that you can send BTC with HAM radio!
Lol, I'm literally in this comment. Except instead of July I started in May 2021, and then went HAM in August 2021. I'm giving it till 2030. If it doesn't pan out by then, well...fuck.
They couldn't feasibly block the signal. People have developed methods of bouncing transactions off the moon. You could broadcast transactions through HAM radio. A transaction is just a number. They can't stop numbers. For one it's literally protected free speech. But it's just not possible to block.
HAM is dropping truth bombs. Looks like his scholarship at dude-bro university is already paying off.
It's a big club, and you ain't in it. I wonder how many of these shorts knew the SEC was going to go HAM on Coinbase despite how much Coinbase was bending over backwards attempting to cooperate with regulation. I wonder how much more they might know about coming down the pike.
If USD collapses the whole world will likely collapse as it is considered the reserve currency. Crypto also isn't immune to economic turmoil. So it will likely take hits as well. The key advantage for crypto in this situation is its ability to rebound while TradFi figures out the lies to tell to get federal relief or some other support. COVID proved that crypto rebounds faster from economic turmoil. Even if the internet collapses for an extended period of time. I can send bitcoin via HAM radio. Plus it's still easier to re engage a block chain post collapse than recovering all of TradFi
Seriously, BTC can work on HAM radio.
I will be daytrading from my bunker using HAM radio still.
I think some clever people were even able to broadcast a BTC transaction through HAM radio.
Me and the other mountain boys will be running Bitcoin nodes on a mesh network in the hills connected by HAM radio. We can trade bitcoins for jerky, hides, carrots and what have you. It’ll work.
I’m not sure about that but HAM radio and SMS work to send txs
God bless your SOL Quoting u/Da_Notorious_HAM
"Eyyy, it's ya booiiiiii, u/Da_Notorious_HAM. Today I'm going to talk about moons' unstoppable tokenomics, and why you need to ignore that degenerate catboy's youtube channel. Fucker steals all my ideas. First though, smash that subscribe button!!!"
Easy enough to find some of [this info](https://ccmoons.com/explore?query=Da_Notorious_HAM). The first moon you ever received was 1 from bud\_87. The next tip you got was 8 from moonsorbust
Both will be developed and will probably be a combo, nobody owns the moon either. My buddy gets pretty good transmissions from all over the world, in the right conditions. I completely agree thou it's impractical at the moment but with a lot more eyes looking at it I see improvements coming. Cool stuff. I just scan and just started looking into getting my HAM radio license.
As an old HAM enthusiast, I found this fun..with all the bad news this week.. it was intended for a smile..(insert imagined emojis here)
everyday is one day closer to moon day Da_Notorious_HAM. Except for moon day itself I suppose.
Just got out of class and I see Matic’s still going HAM
Appreciate the contribution hommie HAM! & I'm with you on that.. wish I could undo SilkRoad tx lol
Erm, yes, but I thought about it, and you know what, I think it's more of a "mom to u/Da_Motorious_HAM" conversation that is needed here. She will be happy to explain.
Something will be going HAM, if you know what I mean
You have HAM in your name! How could I say no! You rock!
Will it stop development, unlikely, but it will deliver an absolutely crippling blow to the perceived value of the chain. Additionally he has billions in eth, they torture his keys out of him, dump on the market. Buy up 51+% of supply and governance the chain into oblivion. That's not even considering just wrecking the absolute shit out of Concensys and Infura to digitally cripple the chain. Boom ETH as it is now would be effectively dead at that point. BTC doesn't have these vulnerabilities, wanna cripple BTC? Kill the internet for the vast majority of the worlds population. How well do you think that will go over? Don't even consider the fact that people have used HAM radios to send BTC transactions, and theoretically you could use laser light optics to send transaction data as well. Will BTC be worth nearly a trillion if that happens, of course not. But BTC as it is now could still live on. Uncensored, unblocked, time chain don't stop
Da Nostradamus HAM if this comes true
u/Da_Notorious_HAM Just wanted to ask how you ended up having more then one ledger? Is it because the first one did not have any "Space" for installing more crypto Apps? And you bought a new one? If this is the case then there is a workaround (for people who just wants to HODL crypto for long). Basically after transferring the desired crypto, you then uninstall that App and move on to next alt coin by installing it next. And so on.. Your crypto is still on blockchain and this is how you hodl unlimited coins on a small spaced ledger.
90% of my stuff is cold storage, but you're damn right I'm going HAM with CRO right now
Any centralized exchange like Coinbase or Binance could be censored, sure. But how would they stop you selling bitcoin to your neighbor for cash? Or using a peer to peer network like bisq? They can’t. You can transfer Bitcoin over HAM radio if you want to. Or use a physical device to transfer like and OpenDime
- security: Nothing is certain. There always black swan events, or unknown unknowns. However bitcoin is pure math that can be audited with a smart phone and every node operator simply rejects anyone that tries to fuck with the network - Altcoins: every alt coin is either doesn’t need a token, doesn’t need a blockchain, or both. Blockchains are terribly inefficient. The only use ever discovered is for money, and money is a winner-take-all market, and the winner is bitcoin - New coin: Absolute scarcity can only be discovered once. You can only solve the double spend problem once. - No, Bitcoin cannot be turned off so long as electrical currents work on planet earth. Bitcoin can even be sent over HAM radio. No internet needed
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Hello Da_Notorious_HAM. It looks like you might have found a new scam? If so, please report this scam by crossposting to r/CryptoScams, r/CryptoScamReport, or visiting [scam-alert.io](http://scam-alert.io/). For tips on how to avoid scams, [click here](https://www.reddit.com/r/CryptoCurrency/comments/s7srty/crypto_scams_how_not_to_fall_for_them_what_to_do/). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Hello Da_Notorious_HAM. It looks like you might have found a new scam? If so, please report this scam by crossposting to r/CryptoScams, r/CryptoScamReport, or visiting [scam-alert.io](http://scam-alert.io/). For tips on how to avoid scams, [click here](https://www.reddit.com/r/CryptoCurrency/comments/s7srty/crypto_scams_how_not_to_fall_for_them_what_to_do/). --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I recently quit my crypto DCAs and going HAM on dividends stock DCAs. Mainly F and O atm.
FamilyFrenz out here going HAM on the cone heads and foustlings
With blocks now taking 12 seconds, do y’all think the trading bots will go HAM the last second spiking activity, so that other bots can’t out-bot them? Will this cause mini gas wars within 12 second cycles?
Then your ATM, credit card or whatever isn't going to work either, you won't be able to sell stocks, or even your house since the deed transfer gets synced to national database over the internet. People might still accept cash but i doubt many stores will have a milligram scalesitting there to count out 0.01gram of gold for you to pay for a coffee. Internet won't be out forever and when it is back your BTC is safe and sound or you pack up and move like most do emergency situations to a more stable place that does have internet access. And there are ways to accres your BTC over SMS, they do it in some places on Africa, I don't know the technicals but that is possible too... Then there is HAM radio that can be used to contact nodes and submit your transmissions.
still down on my crypto investment and Im about to go HAM
It wouldn't require a fork at all. You can transmit bitcoin transactions via carrier pigeon right now if you want to. They're just little bits of data. All that matters is that they get to the miners *somehow*. Doesn't have to be via TCP/IP or even via the Internet. A miner could set up a dial-up modem service to receive transactions or indeed a HAM radio terminal.
I read an article about how to run a Bitcoin node and make transactions over HAM radio which is pretty low tech and reliable, although generally short range but can be bounced around the world if needed.
Yeah. Not good. That's why I expected to see crypto people do their own. By lobbying the Government to create it is worse than sheep going to the wolf pack and saying, "Would you shepherd us?" Lmao. How the Internet began was by creating their own specifications, regulations and such. The Government didn't build it. People did. And it stays mostly autonomous. Same with HAM radio, Sports Flying, SCUBA, Guns, and some other groups. They, each, self regulate with rules they mostly self authored and collectively presented to the government. Which approved. I think the medical field does, also. There is Government oversight but, not intrusive. The way Blockchain people are going, they are going to quickly lose ALL.
just based on my click rate I'm going HAM on Bat.. /s
Cheque? What are you an amateur? We are here to cancel health insurance, borrow from any smooth-brained ape who'll lend us any, take a 25% compound interest loan from the bank, sell the fridge and go HAM into BitConnect.
This. We've already prepared for this contingency. There is also HAMnet (low speed internet over HAM radio) which can allow for transactions to be broadcast over the network as well.
I’m banking on there to be inevitable decentralized Internet access, like Wi-Fi hotspots that overlap and network things together independently of companies or governments Of course everything can be hacked or physically destroyed like satellite in space, there’s always that risk. But I see the future everyone’s got their own Wi-Fi bubble and use it like a HAM radio in the 50s, but this time you can send and receive But you have a very very good point, it’s something that is adding on top of our massive house of cards, needing civilization not to fall or free information be impeded
Me expert too. "TINA COME GET SOME HAM!"
It was near the end of 2010 and I was obsessed with making passive side income. Came fresh out of the PTC craze making hundreds and looking for something different. Stumbled upon a forum that advertised making money by leaving your computer on. It was bitcoin mining. I set it up and was mining 1 BTC a week with a GTX 550 ti. It really bogged down my computer though so I only ran it at night. Moved out of town for school and started mining, but wasn’t worth my time anymore because my landlord didn’t want me leaving my computer on. Couple years go by and I lost all my BTC from changing computers/formatted hard drives. Bitcoin starts spiking to $15, $20, $30. I start trying to go HAM into it and I preordered a miner. It was a butterfly labs “*coffee warmer*” model. Lots of waiting and then finally got it. Making 1 bitcoin a month. Quit after one month and sold the miner for a reason I don’t remember. Watching my the price fluctuate around $100-$150. Sideways at $120 for a few weeks and decided to sell. Few weeks or months later fucking booms up to $20k. Depressed ever since and diamond hands. I can still see some wallets worth $2k+ that I have not access to ever again. Deliberately didn’t back it up or transfer it because it was dust at the time
How about we talk about why INDIVIDUAL VALID PROJECTS have value above $0... Your comparison is like asking why the stock market has value... penny stocks, junk bonds, and all. You are bunching everything into the same category and that's unrealistic on both ends. Crypto market right now is the same as pre-depression market of the 1920s... unregulated, full of valid projects as well as scams... and valid projects that others outside of the project actually use to scam others (Just look at RCA stock manipulation during that period) So what would prevent BTC from going to zero? Few things, fundamentally the value is built into the mining process through the 1st Law of Thermodynamics. In fact, it is the most efficient transfer of value based on the 2nd Law of Thermodynamics as well. example... if it costs a mining operation $20K to mine 10oz of gold, they will not sell said gold for $5K... right? They will sell it for their operating cost, their overall expenses... plus a profit. Correct? Bitcoin is no different... that is why in many cases BTC is compared to gold... not because it is a store of value but it is a way of extracting value from one medium to another. This principle applies in many different forms. Secondly, BTC is a solid payment network that allows for nearly instant transfer of funds across the globe... you can even make payments in space if you have internet signal... actually they have transferred BTC payments over HAM radio, so there's that. I digress... BTC itself is great for large transactions. 90% of high end luxury real estate is paid for in BTC because the fees are low and red tape is much easier to clear. It's not a way to skirt taxes because they are all paid, it's not a way to get dark money in because CASH is much more difficult to trace. It's just EASIER. Also, with the Lightning network as the Layer 2 solution, BTC is a great payment system that can provide payment validation nearly instantly... about as fast if not faster than credit cards. Thirdly, like I mentioned before, there is a potential of 30% of the world population to receive real time banking services with BTC, services that they don't have right now. Yes, there is volatility but so was volatility in Apple stock in the 80s.... did you remember what people were saying about Amazon in the 2000s? In fact as late as 2010 people were saying Amazon was a complete and utter failure and that investing in it was stupid... most of those people own Amazon stock now. You can't discount the entire market because it is volatile... all emerging markets are that way during adoption phase. Want to talk ETH? It is a great smart contract platform that allows businesses and individuals to create self executing smart contracts. Want to buy and sell real-estate? Sweet... ETH has the ability, right now... this very moment... to create a smart contract for purchase of a home and issue payment when certain conditions are met. This means Escrow and Title industry is in danger of being extinct. This is just one of the examples of how smart contracts can change the every day world we live in. There are hundreds of examples just like these two, and for each one of them there are dozen or so shitcoins and scams.
And here i am with my 2 LTC going HAM
When you try to send BTC on the bitcoin network, what is actually happening is that a specific type of file is constructed (a transaction request file) that contains identifiers to the UTXO(s) on the blockchain (your unspent BTC), the amount of BTC you want to send, and a receiving address. That file is then "signed" with cryptography in order to become valid. Those can be two separate steps done on two different computers, the only thing that matters is that the right file is broadcast to the network to be added in a block. Fun Fact: people have successfully sent BTC over HAM radio. Of course it still needs a willing party on the other end to connect to the internet, but as long as you can get the file to a node, the network takes care of the rest.
only real holdup would be widespread internet outages although the HAM Radio community is actively developing some workarounds which might be usable. plus there's always helium's potential use-case.... an Electromagnetic Pulse would put a damper on things though
BAAAAAAMMM, GREEN EGGS AND HAM! Bullish!
>bring my wallet to one of these guys Why do that when you can learn to operate HAM radio yourself? There are a [ton](http://www.arrl.org/learning-programs) of [resources](https://hamstudy.org/) online for [learning](https://www.sbarc.org/study-guide/) about it and can totally be done in your spare time. I'm dabbling in it myself and haven't taken the test yet, but have several friends that already have.
Bought CTSI at the yearly low and went HAM on it. I know two lunux devs who dont know each other and they both have mentioned this one to me and they’re both excited. Bullish.
Maybe. I still hold some in case it does, so I have some optimism, even if it's misplaced. I think it's a matter of time. But I don't think that time is anywhere close to now. I have been hearing 5 years for like the last decade, at some point you laugh. I hold my bag for my daughter basically, I think BTC needs to go through some cycles/events before it can be stable enough to be widely adopted and I expect it to take decades. First the native rewards need to run out and shift to fee for transactions only. Too much speculation on hitting the lucky block... Then the price will need to skyrocket over the course of multiple years. Then the investment goblins need to fuck around with it until they get burned themselves on some big trades and then decide to relegate it back to any other forex department that might have been dealing with it before they decided to go HAM on it. Then it needs to recover from the uncertainty that Wallstreet/London/what have you brought in the earlier stage. Then it will finally be somewhat stable and ripe for adoption. That's a long process... and I see no reason that some other coin might actually edge out ahead during the Goblin fight era. So it might not even be BTC which gets used primarily. Crypto is in it's infancy still.
You need some way to receive blocks, and a way to deliver your transactions to miners. Transactions are just a few hundred bytes large, so they're easy to transmit through some low-tech means. You could write it down as a hex dump on a piece of paper and attach it to a carrier pigeon which flies across the border to a guy with a little mining facility. Blocks are bigger, but can still be sent through radio signals, or through Blockstream's satellite network, which has global coverage. _In theory_ Bitcoin could function like this on a global scale, where nobody has internet access but people have HAM radios and such. It would be ridiculously slow and unreliable, but it wouldn't have broken down, unlike other things which actually rely on the internet.