Pay attention to the words used here.

Optimal level = subjective

More effective = subjective

Real-world needs = subjective

Bad actors will inevitably want to co-opt #Bitcoin and turn it into something they can control by adding vague subjective requirements.

We already have that with fiat money and it’s clear that experiment has failed.

Bitcoin’s value lies in its resistance to subjective determinations and the whims of weak minded individuals.

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It's pretty clear from every podcat that this dude is nothing but a fiat apologist

It’s called Lightning Jeffrey, Google it.

🧡

100,000,000 Sats per Bitcoin 21 Million Bitcoin isn’t enough?

The number of units does not matter, it just needs to be impossible to make more.

Hmmm 🤔🤔

keynesian maximalist

I'd rather not pay attention to his words.

He's a LARPer.

Best not to give him any attention.

Anyone could fork Bitcoin at any point in time. The hardest part is getting miners to add blocks to the fork. To wear the opportunity cost of mining something other than Bitcoin.

Fork around & find out, shitcoiners.

This is what you asked for when you wanted institutional adoption. Did you know what you were asking for when you asked for it?

The math shows that 2.1 quadrillion satoshi’s is plenty for humanity for perhaps the next 100 years. We will have other great ideas around new Bitcoin protocols use or perhaps something even better that we have no idea about right now. You don’t know what you don’t know.

Lmao

🤣🤣🤣

Make mooore bitcoins

100%.

One of the worst features of central planning that causes a torrent of economic instability, is the uncertainty of a 'flexible' monetary system where the rules can change at any time and we can't predict the future supply of money. Such a system will inevitably lead to misallocation and false price signals.

The reason why Bitcoin is successful lies in the carefully designed protocol, including the supply limit to under 21 million bitcoin. Other coins have tried more 'elastic' approaches and they can't attract capital to the same degree for a reason. Capital allocation requires certainty in fixed rules, voluntarily consented to, that applies to everyone and which can't be bent under pressure. Good architecture requires exactly that - reliability and predictability.

My node does not care what this guy -or anyone- thinks about it's database.

A completely rigid phisics system is so impractical. If you fall hard enough you could die. It does not make sense.

Anyone can issue and accept partially backed bitcoin debt token, free market will show what works and what doesn't

The monetary system wasn't "elastic" from 1870 - 1920 on the gold standard and it seemed to work fine

Doesn’t work well to fund forever wars.

Translation GFY

What's this dude talking about? Elasticity matters? He wants the capability to inflate. Elasticity.. Sheesh.. Free market supply & demand moves values. More demand, higher price. Less demand, lower price. This is universal in free markets. This dude has to be a Keynesian. He will ignore the destruction that Keynesian inflation brings to those suffering from the money printing. The unit value of a currency needs absolute stability, not elasticity. Suppy / demand does the rest.

“Bitcoin should consider…” Lol.