Avatar
KingArctan
15973e4d0b61e82a711df3b37fda2e84059e065f1a1b666a8a9ce1fe6fbe6786
Developer and UTXO collector

2014 economists: BTC to zero, it's tulips

2024 economists: price is never coming down

Take profit on your USD while you still can, buy bitcoin.

RIP Crypto Capo

Anybody planning any cool trips this summer?

Either optimism or euphoria, and therein lies the fundamental paradox of timing markets.

You'd think for a company that claims to make money selling Bitcoin that they'd want to remain online when the price of Bitcoin rises.

I'm just not interested in cryptos with the potential for any dilution of supply, the reason I'm so passionate about Bitcoin is the censorship resistance AND the predetermined and set in stone supply schedule.

Tokens that have a central issuer from the start have lots of hidden centralization debt that will come down on them eventually. It creates a false sense of scarcity when the scarcity is actually cause by a single entity having control over a hidden majority of supply.

If I create a coin that is private and censorship resistant but I own all the tokens and so everybody is forced to buy them directly from me vs a provable record of work to obtain new coins. I think it's what sets apart Bitcoin and some other proof of work coins from standard shit tokens.

The fairness of the coin/tokens is important to me, censorship resistance doesn't mean jack shit to me if the supply was created from nothing by nothing

Got an RTX 4080 Super for MSRP last month, great card