Medical field is a joke
I'm super excited for the sync function! Looking forward to deploying an instance later today to start playing with
I think 9 is going to be a solid choice. 10 is going to be huge for the G5 but I also don't mind to wait for the G6 to let them iron out some of the processes for their own chips. Plus now that my screen's pixels are dying I kind have to talk up the 9 to myself 🤣
I've not used rana in a while. Can you mine npubs and get a mnemonic phrase instead of just the private key now?
Any orchestral trap fans out here? I need some new recommendations to listen to
I disagree on their incentive. Their incentive isn't based on the value of the stored assets, it's based on the number of buyers willing to spend with it. If it was just based on value then you'd expect everyone to be transacting in gold more so than even dollars. This is why the hodl as most important factor hurts my heart so much because it decreases our ability to grow past store of value to build a real economic unit.
Store of value happened long ago or you wouldn't see a market price. We need more people moving past that step to a medium of exchange much less their own personal unit of account.
I agree to save as much as possible in Bitcoin. I just think losing ourselves to the idea of storing value vs building the best money is a bad mental frame to be in. If we have a dollar in our pocket then we're giving economic activity to the Beast. I think the real value is opting out of the Beast's money altogether.
I agree with your valuation but we aren't interacting with the market by hodling. We are just storing economic value for a future interaction.
The market equilibrium is exactly the problem. If there was more use of Bitcoin as a currency then you solve the corruption that can happen to the market by small #s of participants trading on exchanges. You also grow the network by making the underlying asset have more usability.
Spending dollars adds economic activity to that market making it more usable to merchants because of wider adoption. We have to break the pattern.
This is my take as well. The most important part is the censorship resistant network. The money is just the side benefit that values the network's throughput.
Because it isn't the most important part of Bitcoin to me and I think this sentiment leads to bad incentives for the network to grow around.
I hope to leave them strong values more than anything else but if we're talking what I'd want to leave as an asset then of course Bitcoin.
I think savings are very important but by far not the most important aspect of the project. What value is a floor without a measuring stick?
Without economic activity the value is unknown.
Without the P2P transfer then what good is Bitcoin to hodl? I think first principle is building an uncensorable value transfer system
It's from the HRF. I couldn't find the image by itself but could crop the one from this blog down. https://hrf.org/announcing-the-financial-freedom-track-at-the-oslo-freedom-forum/