| submitted by /u/undertheradar48
Disney says it’s likely to take a massive $ 150 million hit to its bottom line as it works to beef up its array of streaming services, including the yet-to-launch Disney+. However, concerns remain that the company may be turning a blind eye to the impact of these losses over the long run as it seeks to supplant Netflix as the digital content king. Disney CEO Bob Iger and CFO Christine McCarthy fielded questions about the massive streaming-related outflows during the company’s first quarter 2019 earnings conference call. When the subject came up about Disney foregoing licensing income, the executives offered few
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Link to the white paper is here – https://bitcoin.org/bitcoin.pdf
*9th page is the reference page. so really, it's only 8 pages.
I was just re-reading it, and i really enjoy Satoshi's outright sass in it. For example, when talking about 'greedy attackers' :
"He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth."
and you can see that he was aware and conscious about node's being able to store the blocks with commonly found hardware:
"A block header with no transactions would be about 80 bytes. If we suppose blocks are generated every 10 minutes, 80 bytes * 6 * 24 * 365 = 4.2MB per year. With computer systems typically selling with 2GB of RAM as of 2008, and Moore's Law predicting current growth of 1.2GB per year, storage should not be a problem even if the block headers must be kept in memory."
EDIT – I've unknowingly sort of delved into the block-size/scaling debate in the last bit above. Not my intention. Bitcoin itself has evolved from the original white paper. Satoshi himself had found ways to improve on top of the white paper during the days he was active. My point here is to appreciate the great invention and truly understand it as told my the author/creator himself 🙂
this has not happend to me before and ive used btc and electrum for years but only recently started using it again ive sent btc off with a mining fee thats too small CAN YOU GUYS HELP ME or let me know what will most likely happen? thanks guys