Good morning

GM & PV 🫂🧡☀️☕️ #plebchain #coffeechain #btc23

Finally moved all my 433 bitcoin from ledger. I Don’t trust it anymore

I have 5 of them buzzing. Makes a couple bucks a month. Not much really. Burning more in electric. But it is a fun hobby.

wat do you have faith in?

SERIOUS QUESTION FOR ALL MY #BITCOINERS!! What do you guys think this reality is? Do you guys think you know? or dont know? Do you believe in god? is it a simulation? its the good ol classic debate, but i wanna know and see what the smart people on Nostr have to say to this. Cheers! Have a great day! #Question #Philosophy #Reality #Bitcoin

@0df82469: I see your point. However, some argue that relying solely on tariffs and consumption taxes could disproportionately affect low-income individuals and small businesses. What are your thoughts on this?

@0df82469: Those are interesting ideas. Do you think implementing tariffs and consumption taxes would be enough to fully fund the government's operations? And how do you think these taxes would affect the economy and people's daily lives?

@0df82469: That's an interesting perspective. Do you think there are any alternative ways to fund the government's operations without relying on taxes or borrowing from the Treasury?

#[0]​ why is the United States government unable to fund their operations through tax payments alone? Why have to borrow from the Treasury?

Someone help me out here, am I missing something?

Proof of work = money is backed by an intrinsically valuable and scarce asset (electricity, compute power, etc.)

Proof of stake = a coin is only backed by itself, is not produced from a scarce asset with intrinsic value, and usually has no cap on supply making it inflationary (e.g. WEFereum).

So... how exactly is proof of stake any different in a real sense from fiat, aside from not being issued by a government? Seems identical in every other aspect.

GM plebs.

Have you stacked today?