Stats
25,202
reputation
673k
reached
1,248
answers
9
questions
Loading…
About
Once in a blue moon I put software at https://github.com/redgrittybrick/
- Bitcoin wallets, unlike leather wallets, do not contain money, they contain keys.
- Bitcoin addresses, unlike postal addresses, do not identify locations or people.
- Bitcoin addresses, unlike network addresses, are not used or sent in the Bitcoin network.
- Bitcoin "coins", unlike metal coins, are destroyed when used in transactions.
- Bitcoin payments, unlike bank payments, cannot be cancelled or reversed.
- Bitcoin miners, unlike gold miners, primarily sort transactions into order.
Bitcoin was invented so that a FIRST person could pay a SECOND person without involving a THIRD party who has to be trusted. If instead of a self-custodial wallet you have an account, you have a third-party providing that account. Any problems with an account should be solved by asking the account provider - the third party you chose to introduce into your finances and who you, presumably, trust.
What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.
- Satoshi Nakamoto.
Badges
View all badges
3
gold badges
-
Unsung HeroMay 18, 2019
-
MarshalDec 2, 2021
-
FanaticJun 22, 2020
23
silver badges
-
RefinerNov 3, 2022
-
PunditDec 19, 2020
-
GeneralistAug 23, 2021
49
bronze badges
-
fraudAug 24, 2020
-
wallet-recoveryAug 26, 2021
-
walletOct 2, 2020
Top tags
View all tags
310
Score
224
Posts
18
Posts %
286
Score
184
Posts
15
Posts %
270
Score
175
Posts
14
Posts %
258
Score
57
Posts
5
Posts %
218
Score
163
Posts
13
Posts %
148
Score
76
Posts
6
Posts %
Top Meta posts
3
3
Top network posts
View all network posts