| submitted by /u/owalski
Peter Rizun (head BU dev):
"To have a fee market with no block size limit you need Bitcoin's inflation rate to be nonzero"
"I don't believe a fixed supply is a central property of Bitcoin."
Roger Ver has also said that he is okay with the risk of bitcoin becoming paypal 2.0
I think if this was more widely known there would be much less support.
I am using the following Bitcoin wallet for Android:
My device is encrypted and I have encrypted backup files on Google Drive.
However, I’d like to get my coins off my phone altogether, just in case its stolen and the UI is still accessible. I’d like to keep a small amount on my phone, and top up that balance every now and then.
What’s the best way to do this?
I think I need a separate “long term” wallet, but that’s just moving the same problem to somewhere else.
Is a hardware wallet the only way to go here?