Yeah, you can't keep it in a drawer, my old Citizen watch died that way, too.
That's a cool story. I agree, things that aren't too pricy and yet are made with quality, low on maintenance, and last a long time definitely favor the Bitcoiner aesthetic.
I didn't start off a Bitcoin maxi. I just eventually realized, the maxis were right.
Few have the realization, spending money without having money is monetary expansion. This is what happens in fractional reserve systems, and American banks been operating without reserve requirements for years now.
In fact, few even admit that monetary expansion is the leading cause of price inflation. Supply chain crunches are often blamed, but are resolved over time as prices are allowed to rise. Commodities generally have elasticity of supply, meaning, more is eventually produced when the price goes up.
Corporate "greed" is another excuse I've heard, but that goes by another name: fiduciary responsibility. Besides, it's easy to make record profits when there is record inflation.
These facts are obvious in hindsight to anyone willing to humble themselves enough to learn, but... Such humility often misses those with high time preference. Few.
RGB will replace DMV
SVB = BSV
coincidence??
The RGB 0.10 release is going to be huge. Not only will RGB be a fully-featured generalized smart contracting platform, far beyond just tokens, these are the final breaking changes, meaning, the road to mainnet is now clear. We're on the home stretch, folks.
https://github.com/RGB-WG/rgb-core/releases/tag/v0.10.0-beta.2
Satoshi has something nobody in his position had. Truly genuine selflessness. To give us a work this great, and then... Disappear.
If anything, what's nice about the hash horizon is that it protects us from extraterrestrial influence, in a way.
Based on the hash horizon of Bitcoin (~180 000 000 km or 1.2 UA) the competition for mining would remain close to the earth. So yeah, at first people living on other planets and moons will be using Bitcoin and its L2s and L3s, but those outside the hash horizon of Bitcoin will considered to not be totally financially independent as they could not mine profitably. This would be the sparkle to ignite a new planetary timechain, one sufficiently far apart from the Bitcoin timechain in order to not overlap those markets.
So long story short, there would be multiple timechains within a solar system, ones that are sufficient apart to not overlap and one with an even lower time preference (ie. longer time block).
To learn more about this, check out Bansal's article "Bitcoin Asrronomy" and/or the magnificent graphic novel of EncryptFractal "The Timechain Codex" (https://www.swanbitcoin.com/the-timechain-codex/)
Sure, but even then, layers are sufficient. Besides, if the hash horizon is within 1 AU, then that's perfectly fine for the Dyson sphere where most of it will take place, anyway.
I'll make three predictions:
1. Bitcoin will not only come to replace all money, all forms of value will be settled on Bitcoin.
2. Satoshi came from another world to give us Bitcoin so humanity can enter a "digital golden age" and reach the stars.
3. Considering multiverse theory; all conscious life inhabits a universe in which they are alive, and as such, what we call an afterlife exists.
Good point. ETH will always stand in the shadow of Bitcoin.
If it uses a blockchain, it's still an L1. At best it kicks the can down the road, and at worst, it's a scam, a distraction, and a waste. Only one blockchain is needed for all of humanity in all of the solar system for all time so long as we use distributed state that settles on L1, such as LN payment channels and RGB20 tokens.
oof. Got tagged in the hellthread. #[0] wen "remove yourself from threads" in #[1]?
Yeah, to an extent, Bitcoin has been stable for about a decade now if you or your users don't need the features provided by the soft forks... 😅
What they don't realize is, or don't want to be honest enough to admit, a different kind of money isn't needed to accomplish what their bags claim to accomplish. They've just bought into their lies due to their innate desire to gamble, or desperation, or both. And really, that's more like blaming the victim; a better way to say it is, these people are being preyed upon, and robbed, by scammers. Some of the scammers might not realize they're playing a scammers' game, but objectively, that is what they're doing.
Bitcoiners want the protocol to ossify, be stable, and change very little. And then sincoiners think, oh, then there's no need for devs on Bitcoin, they don't want to change and innovate... But that's completely ignorant of all the apps being built to lower barriers to adoption.
This includes wallets, layers, nodes, servers, frontends, web apps and mobile apps, and associated hardware for all of those. Just because they don't come with their own sincoin listed on CoinGecko doesn't mean it's not bringing value to Bitcoin.
Bitcoin software, hardware, and businesses *are* the "total value locked", and because the protocol is stable, it's a solid foundation for devs to build upon. What's silly is when Bitcoiners feed back on that, thinking, oh, we don't need Bitcoin devs, when in fact, we do.
That's strange... I actually can't compile it. I get a number of very long clang linker errors. No idea why.
I admire your fiscal responsibility! The 1080 is still a good card.