[Cryptography] Question about Bitcoin's security model

John R. Levine johnl at iecc.com
Sat Aug 1 17:32:01 EDT 2026


On Fri, 31 Jul 2026, John Levine wrote:
[ after I bought two cups of coffee with bitcoins in 2013 for BTC that now are worth about $1000 ]

It appears that  <zeb at qtt.se> said:
> Imagine an oracle advising you to buy more and hodling instead of buying coffee.

I wouldn't have been able to buy my friend a copy of coffee in 2013,
and I might have an extra $1000 or even $2000 today 13 years later
which would make no difference at all to my overall situation. To use
a technical term, whoop-di-doodle.

R's,
John

PS: this doesn't seem to have much to do with cryptography


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