> Transporting Bitcoin can also be free, depending on what you mean by transporting.
On-chain? No, that may have been true in the early days (pre 2013?) but a tx fee has to be included unless you want your money held in the mempool. You may get lucky if it has high days destroyed, but that's not really a risk you want to take unless you care about the funds and want to eventually have to resort to a CPFP tx. I did a 18 satoshi/byte tx and it took a few hours to confirm, which for my purposes was entirely fine as it was a low sum. But as we get more people onboard On-chain should only really be used for important, secure, and therefore commanding a higher fee, transactions than would/could be done as a LN tx.
And actually LN has everything to do with how bitcoin is transported, note the lower-case here, LN makes it instant and near no cost tx fees.
Holding, as you said, can be done for free. Many old schoolers never really opted for hardware wallets, as the paper-wallet method can be just as secure, despite it requiring far more planning and contingencies.
I liked Yanis when he was lambasting the Merkle/Rumpy governed EU and telling them they'd prefer to default and exit the EU and take Cyprus and the PIIGS with them. However, ever since the party he helped create (Syriza) failed to do anything different in Greece than the Trokia before it I completely tuned out to him and his tired rhetoric has lost any of its appeal.
And he is right, Bitcoin is completely agnostic to Political Ideology or its proposed factions, in fact I'd say if you understand what it really is: that is entirely the point!
I'm not going to read his article, but if that is his only contention, then he is right. Socialists need not apply, and if the Petro is any indication of what happens when Socialists create their own cryptocurrency (only to see it fail, in value or utility and then have to accept Bitcoin anyway for their services) it doesn't really matter, and proves the above.
> Which makes you willfully unqualified to hold an opinion on his article.
That may be, but I bet I have better understanding of what his character is better than you as I was in Europe in that time helping understand what was occurring with the Euro crises, and if that is his premise for why Bitcoin shouldn't be used by Socialists, he is right and should stop exploring it as an avenue. I'll just point at Maduro's failed plan to show why it doesn't matter anyway.
> > Transporting Bitcoin can also be free, depending on what you mean by transporting.
> That may be, but I bet I have better understanding of what his character is better than you as I was in Europe in that time helping understand what was occurring with the Euro crises, and if that is his premise for why Bitcoin shouldn't be used by Socialists, he is right and should stop exploring it as an avenue. I'll just point at Maduro's failed plan to show why it doesn't matter anyway.
It's surprising you know so much about Varoufakis, but what's even more surprising is that you know so much about me!
I'm not disagreeing with you here incidentally--you haven't made any actual argument that I even could disagree with. You've just claimed that some events proved your point without explaining how or why. You may be right, but you haven't said anything that would convince me you are. Given so far my experience of you is you refuse to read something and yet feel qualified to comment on it because you know the author's character, I'm certainly not going to be believing you based on your qualifications.
> I'll indulge you, go on explain...
If I wish to transport gold across a border, I have to work out customs/tariffs, security, potentially bribes, etc. all of which cost money.
If I wish to transport Bitcoin across a border, I memorize the wallet key, and cross the border. Free.
On-chain? No, that may have been true in the early days (pre 2013?) but a tx fee has to be included unless you want your money held in the mempool. You may get lucky if it has high days destroyed, but that's not really a risk you want to take unless you care about the funds and want to eventually have to resort to a CPFP tx. I did a 18 satoshi/byte tx and it took a few hours to confirm, which for my purposes was entirely fine as it was a low sum. But as we get more people onboard On-chain should only really be used for important, secure, and therefore commanding a higher fee, transactions than would/could be done as a LN tx.
And actually LN has everything to do with how bitcoin is transported, note the lower-case here, LN makes it instant and near no cost tx fees.
Holding, as you said, can be done for free. Many old schoolers never really opted for hardware wallets, as the paper-wallet method can be just as secure, despite it requiring far more planning and contingencies.
I liked Yanis when he was lambasting the Merkle/Rumpy governed EU and telling them they'd prefer to default and exit the EU and take Cyprus and the PIIGS with them. However, ever since the party he helped create (Syriza) failed to do anything different in Greece than the Trokia before it I completely tuned out to him and his tired rhetoric has lost any of its appeal.
And he is right, Bitcoin is completely agnostic to Political Ideology or its proposed factions, in fact I'd say if you understand what it really is: that is entirely the point!
I'm not going to read his article, but if that is his only contention, then he is right. Socialists need not apply, and if the Petro is any indication of what happens when Socialists create their own cryptocurrency (only to see it fail, in value or utility and then have to accept Bitcoin anyway for their services) it doesn't really matter, and proves the above.