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Pretty far from the anarchist utopia I'd say
How does UBI work in a Bitcoin standard, i.e. who's going to actually pay for it and how?
Europe lives in a dream outside of history. European countries are going to have go wake up sooner or later and confront the harsh truth of reality
That our imagination is the greatest limit to what can be accomplished.
Imagine a society where people have the time to actually sit down and think about what they want to do with their time, and maybe contribute something new to the world.
Too bad most people are too busy just surviving
Yep, now go explain this to most people who think that is how things should be
What about really long Bitcoin and ignoring MSTR and other treasury companies? If these companies all want Bitcoin, why should I want to own these companies instead of owning Bitcoin directly?
They're literally telling me where the value is, i.e. not in their businesses
Stacking hard in October 2027
I think attention is the currency of life, because you can choose how to spend it: what you are paying attention to?
I agree, after all the whole point was supposed to be censorship resistance achieved through decentralization
Bulgarians being annexed into the eurozone without being asked burning euro flag and euro fiat notes
#🇧🇬
https://video.nostr.build/65d4c5d8fb849f4c393331536386fa6379c2f9ab8efd1cf019af6df484e5ee03.mp4
Well I mean, switching one fiat for another fiat is still pretty meaningless
Only one side is right, just which one might that be?
Nassim Taleb wrote something very similar:
"You will be civilized on the day you can spend a long period doing nothing, learning nothing, and improving nothing, without feeling the slightest amount of guilt."
If the IMF is so concerned about market distortions, how about starting by removing fiat money? That's a pretty market distorting thing
How does this magic work?
I'd like to see this implemented in all major central banks' offices: committee members would meet underneath the block, and whenever their forecast don't match up, one of the threads gets cut.
I'm not sure whether this is a critique on his part, or merely a statement. Think about his "masterly manipulation" quote
Can someone explain to me why Ark is considered to be a trustless L2 given that VTXOs which are in a pre-confirmed state do not allow for a unilateral exit to the main chain without going through a batch swap first (which inherently relies on the Ark operator) ?
They always go together, it's almost inevitable. What matters for the rest of us is reminding ourselves that we're only passing through the mines, otherwise we risk falling for the fiat games.
Yep exactly what I was thinking, which is good news!
Still not sure why OP_CTV is having such a hard time being taken seriously into consideration for the next soft fork
Fiat debt used to buy Bitcoin is literally the best way to short the fiat ponzi game, provided one has the ability to withstand volatility without being burned.
Why do you suggest keeping away from fiat debt, other then playing it safe?
"As Jesús Huerta de Soto explains, the Peel Act of 1844 forms the foundation of modern banking systems. This law correctly prohibited the issuance of banknotes without 100 percent backing, but not that of deposits, as it failed to recognize that deposits are part of the monetary base (M). While issuing unbacked banknotes constitutes forgery and fraud, fractional reserve banking is a form of embezzlement."
https://mises.org/mises-wire/cultural-consequences-inflation
How to explain this stuff to the average person? I feel that bridging the gap is very hard, since the very basic understanding of how society works from an economic standpoint seems to be totally missing and the willingness to carefully listen to these arguments is definitely missing in a lot of cases, since people might be relatively comfortable in their fiat lifes
The essence of fiat in a few words. What's let's to figure out is why people hear this and then go back to their normal lives as if it didn't matter.
I think it's a very interesting worldview, it basically tries to make a very rational case that we are all *in* consciousness, and that reality is fundamentally a field of subjectivity
This could actually happen IRL for example in Italy, where the name "Assunta" literally means hired 😅


