money that needs a story is a timeshare or pyramid scheme
the last thing my money needs on this earth is narrative
Discussion
why privacy matters? here is an illustration, a scenario: Sure
economic journalism video essay? Sure
historical economic literacy? Sure
the politics of money? Lay it on me
narrative for the actual money? No. that's a credit card company.
News flash, money doesn't exist outside of the human imagination.
If we're stranded on a desert island and we each have 100 bitocin, we may as well each have 0 bitcoin.
We can't eat it, we can't use it for shelter, we can't make a fishing line of out it.
It has no physical properties.
It's nothing.
It's just a story in our heads.
you dont believe what you are saying to me or a lot has changed in 17 days for you. https://primal.net/e/nevent1qqsqqh5gxstuqxjxnwrt4tyssy3qauvwdvha4a7lk4d86xmdj8468lg5a6zfe
It's al still stories, quantum is just a plot-twist.
The value of bitcoin is all a story in our heads, and the threat from quantum, that's a threat to the integrity of the story. This is story on story violence. Which is how all money goes up and down.
Think about it. Anyone could come up with anything and propose it as a money. As long as we all agree it has value because x then it has value, and if we all agree that it loses value because y then it loses value. I could come up with a currency that has one coin for every letter in the alphabet, and we all agree it has value because it's derived from the alphabet, it's the holy 26. Then the government mandates a change to the chinese alphabet and it collapses. oops.
i need you to know that you are writing to someone who has not read any bitcoin literature, who is down to 13 cents of bitcoin, has no idea what you mean by quantum, etc
okay fair enough.
what I'm saying is that a lot of people here on nostr seem to assume that bitcoin is different than other money, transcendent if you will.
behind this is some notion that bitcoin has objective properties that make it so, properties that exist in some non-imaginary sense.
i'm just saying that's silly, that all money has value only become some humans managed to persuade some other humans that it has value. with stories. that's how it works.
what's a dollar but a piece of paper?
what's a bitcoin but a few bytes on a harddrive?
when fewer humans agree that such and such money has value then such and such money goes down.
for bitcoin to go up, it's story has to do better in the story wars than the story of some other money.
that's it really. stories versus stories.
a dollar is backed by trust in the government of the united states of america and their laws and faith that they govern by the rule of law
re: stories
ok, tyrion
didnt work for the audience
doubt it will fly now
people are exhausted by narrative
pathos wielded as a cynical magic trick
https://blossom.primal.net/61d9fc1c023e7f7ab20850a733837f9afb60de7d72721fc74e4d7ac0ba4f9e2d.mov
if something is real
if it is true
it sells itself and people are able to have actual conversations about the facts of the matter without story
as in: is this the anon money that lets me buy heroine
is this the anon money that lets me donate to resistance movements around the world or no
can i send funds to terrorists with this or no
use case:
can i send fresh fruit to Izz al-Din al-Qassam Brigades (EQB) with dollars?
can i send fresh fruit to Izz al-Din al-Qassam Brigades (EQB) with bitcoin?
is it:
no
no
no
yes
or
yes
yes
we're both stranded on the same desert island, never ever getting off.
you have 100k dollars and 1 bitcoin.
i have a coconut.
i think you'll be eyeing my coconut.
in this scenario why are you an indigenous person and i am a finance bro
all i'm saying is you're not getting my coconut.
what do i care for your bitcoin or your dollars. we're stuck here. it's my coconut.
i would never be on a desert island cos i dont even fly on planes
would never even be on a one coconut desert island
too indigenous to be dumb enough for that
so the scenario isnt landing
Like your whole life?
yea i decided the last time i was on a plane that that was it for life for me
and then i had to, like couldnt not go, had to go to one more wedding in my lifetime. as in: even my rapist being at that wedding, invited to that wedding, was not enough for me to excuse myself out of that wedding. i owed that wedding to the two people who were getting married.
so that is: i already decided + the one exception
how many more exceptions do i expect there to be?
i dont have friends like that anymore
possible extraordinary circumstances? humanitarian emergency? someone dying requesting me at their death bed?
cant make promises
should've thought about that and arranged dying in the tristate
dude you're grasping st straws. you're not smart or funny enough to be a good troll. give up. go back to Facebook to troll magatards, they're thin skinned, your middle school antics will actually work there
you're just a fish on my troll line aren't you, look at you wiggle.
it's always easy to spot the ones that can't help themselves.
great analogy cause this situation is sooo common!
in this situation the biggest guy eats the coconut regardless
add a few more market participants and re-run the experiment please