Nostr Web Client

Ok, sure. You know you’ve really lost me now 😂

Hey nostr:npub1aqakd28d95muqlg6h6nwrvqq5925n354prayckr424k49vzjds4s0c237n and nostr:npub1dc9p7jzjhj86g2uqgltq4qvnpkyfqn9r72kdlddcgyat3j05gnjsgjc8rz

I thought about this thread for several hours

It kinda hammers home the point that value is inter subjective…ie if ur child is starving in an isolated desert ud prolly prefer bread instead of silver

Still I think, at least for me, gold represents value in the sense of financial stability and personal security and BTC represents value in the form of hope for a better future for everyone….but both are rooted in the value of PoW

…unfortunately for gold it’s very physicality, that gold bugs often tout as it’s primary advantage over BTC, is also its greatest weakness that requires centralized abstraction (paper) for practical economic transaction

…. For me personally any asset that is not based on PoW (a significant marginal cost of production) is doomed to lose its value over a long arc of time due to debasement (including monero which no doubt has value (privacy) in the short term)… but ima idgit and often wrong🤷🏽‍♂️

Full disclosure: I’m a fan of individuals’ right to transact in the asset they prefer… and for me personally I think both gold and btc are a notable improvement on our current credit based system fueled by its dependence on ever increasing consumption for the sake of expanding debt that can never be fully repaid and based on tokens that have a marginal cost of production of zero (u can choose the unit of account for the zero😂)

Reply to this note

Please Login to reply.

Discussion

mike 3mo ago

Agreed.

The sad thing for me is that most people when loosing an argument allow it to affect their hubris and want to win at the cost of being right.

I already stated that Monero is probably the best Privacy coin out there and even support it by running a copy of the blockchain.

Because I don't seek privacy for my own transactions, so spending time absorbing myself in Monero's technology would be about as interesting as Pelé explaining the offside rule in football to me.

I am equally uninterested in football, boxing, tennis and Monero 😂

Russo 3mo ago

Are you kidding nostr:npub1aqakd28d95muqlg6h6nwrvqq5925n354prayckr424k49vzjds4s0c237n ?

You agree in discuss with me, but you were the one that didnt answer to my first question, i ansered yours and i understoold why you choose to ask me the quibic thing, and still i answered.

I didn't check your background before our discussion yestarday, but now that i check its even worst, comming from a man of your level...

I didnt loose any argument, because you were not discussing the ideas, you were trying to measure the size of your dick, against a nobody compared to you, but that says it all about you as a person.

Russo 3mo ago

using arguments like ''my opinion is better than yours because i have 30 years of experience'' is not called winning arguments from where i came from...