Very interesting Q&A here. Writing on the wall.
⚡️🇺🇸 NEW - Senator Bill Hagerty says stablecoin issuers will be the largest holders of U.S. Treasuries in the world by 2030.
https://blossom.primal.net/56e98513679918e9c74865de7ed123d2c3bf3d4ca523dfb6649fc5bdddf4da5c.mp4
Discussion
All stable coins will migrate to Kaspa. Bitcoin will be a store of value. Mark my words.
you don't want to end up in the shitcoiner followlist do you?
I don’t want to be in the BTC religion and ignore the reality that all technology in the history of the world has been improved upon. Think about that. Ask yourself if you know anything about Kaspa or are you just calling it a shitcoin because it’s not Bitcoin? If it’s the later, you’re a religious zealot and are neglecting critical thought and reason.
I know nothing about Kaspa but I have been working long enough with blockchain tech to know how shitcoins market themselves and why their promises are always mathematically impossible.
HFSP
Take the time to read. It’s POW. Fair launch. 10bps. There’s no VCs, no board, nothing. It’s not a company. Just some researchers and developers that have been around a long time. The emissions schedule was aggressive to avoid ASICS farming. Where 92% mined at this point. It’s number 36 in market cap and there’s no Coinbase, Binance, etc because they have to buy it to list it. It’s worth your time.
Too bad Bitcoin is already there 😅
That’s narrow minded. Listen, I love BTC. I buy it every week. But do you not think there’s value in a network that can scale on the base layer? Especially when the stable coin market cap has grown exponentially over the last few years and the Treasury has run out of bond buyers? Those stable coins have to be sent on some rails, and the L1 that sends them the fastest and cheapest will win that market share. Saylor himself is saying that BTC isn’t a digital currency. It’s a store of value. There’s a world for both. So saying that BTC is already “there”, puts “there” in the same place. It’s just not so. Mark Twain said it isn’t what you don’t know that gets you in trouble, it’s what you know for sure that just ain’t so. Look at objectively and remove the religious dogma.
it is not narrow minded. How many do you think tried to introduce their coin as a better bitcoin? Kaspa is not the first or the last. Tell me what Kaspa is doing better than Bitcoin? Bitcoin is not very difficult to grasp, it's a simple idea. It is just an idea, with an elliptic curve cryptography to spend your UTXO, and a POW system to audit the ledger in a decentralised way. A fixed supply, and a rewards system that tends to 0 as it is replaced with fees.
There is no technological breakthrough that will make that system more efficient or decentralised, that's all there is, you can't improve a wheel by making it less round or whatever, it's a simple idea, it's there, you can use it, build on it, or ignore it.
“Kaspa” is not trying to introduce themselves as a better Bitcoin. There’s no voice of Kaspa. There’s no marketing team. There’s no central voice. It’s open-sourced protocol.
And I told you, it’s 10bps vs 1 block every 10 min. It actually can scale on the base layer without sacrificing decentralization/security.
You just said you know nothing about Kaspa and then said there’s no technological break through that will make the system more efficient. That’s the definition of narrow-minded. And yes, the wheel has been improve many times over. While the purpose has not changed, we are not running on wooden spokes.
Let’s apply your logic. Kaspa can’t be worth anything because other coins have tried and failed. But were there not other electronic monies before BTC? Your argument is not from first principles and can’t be applied evenly.
The number one impediment to understanding Bitcoin is arrogance
https://open.spotify.com/episode/5qyzLQjvnVjRIhfxW92i3U nostr:nprofile1qqsx5ukm3mel8w0wtmxcprkk6p3368jdmfw9mt0s0zr3qnfnj4lt5jqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhspg3rrm
That’s narrow minded. Listen, I love BTC. I buy it every week. But do you not think there’s value in a network that can scale on the base layer? Especially when the stable coin market cap has grown exponentially over the last few years and the Treasury has run out of bond buyers? Those stable coins have to be sent on some rails, and the L1 that sends them the fastest and cheapest will win that market share. Saylor himself is saying that BTC isn’t a digital currency. It’s a store of value. There’s a world for both. So saying that BTC is already “there”, puts “there” in the same place. It’s just not so. Mark Twain said it isn’t what you don’t know that gets you in trouble, it’s what you know for sure that just ain’t so. Look at objectively and remove the religious dogma.
Bill believes in BTC