Grabbing coffee, barista is saying there won’t be social security retirement for him so I said “buy bitcoin”.
He only has eth bcs “the monetary policy is better for the environment than bitcoin”.
Me: What’s the policy?
Him:
Me:
Him:
Me: Can we actually make that 2 lattes?
Anyway, these two sugar free vanilla lattes with heavy cream cost $14.40 but explaining why eth isn’t decentralized and showing him this graphic putting bitcoin energy consumption into perspective:
Priceless 
Little by little. And then suddenly
nostr:note1f0a25q8ya4le6sc7w4sv6wzpwc3guykrwkymkgjcfr3g4jrdq0uq3ygnap
👍👍.. Well done
The fact he was willing to listen and learn to is amazing.
Little by little. And then suddenly
nostr:note1f0a25q8ya4le6sc7w4sv6wzpwc3guykrwkymkgjcfr3g4jrdq0uq3ygnap
Mining is an inherently risky business with usually thin margins. The beneficiaries of the 70% premine didn't want to invest in mining. That's why they supported the switch to PoS. PoS rewards rent-seeking behavior.
I also have a theory that because there is no energy cost involved in minting new currency that it's value will trend lower over time. Just like fiat.
Sell 💵 for 🪙
Good girl.👌
