Nick Szabo supporting Luke's ideas, the Core guys will be furious.
😂
Discussion
He does RT stuff he doesn't agree with.
Generally I get the sense he isn't buying the Core bullshit though.
When did this account become cucked? I member when it wasn’t a Szabo/Luke fan page.
Also: Nick Szabo supporting Monero, the Bitcoin maximalists will be furious.
No, monero is good. It's just never the global reserve currency. It's a trade tool.
I don't care about reserve currency. Reserves are only neccesary in a fiat world. It's fiat mindset in a world with currency competition.
Reserves are the foundation of any economy. Has nothing to do with fiat in particular
A reserve currency is a foreign currency held by governments and central banks as part of their foreign exchange reserves, used for international transactions and investments.
Now tell me that central banks are not the most essential part of the fiat system. Tryvto think outside the box. Without central banks, no fiat and also no need to have gold, USD or Bitcoin reserves.
You fiat NGU guys are tied to the fiat system. It's hard for you to imagine anything beyond it.
Dude bitcoin is at 2 trillion market cap. Feel free to measure everything in SATs. The fact that 99% of the world still uses fiat as a unit of account is limited thinking to you. I don't really care bro. Bitcoin is a reserve asset, for bitcoin banks (treasury companies) and fiat banks/companies alike. Until this world stops accepting debt notes as money altogether, which won't happen for a long time if ever, bitcoin banking will have a place, and bitcoin is the apex of reserve assets.
Fiat NGU happens with adoption, that is unavoidable. Don't know what your issue is
Nick Szabo is a Bitcoin legend. Bitcoin legends love what Luke & Knots team/community are doing!