Isn’t El Salvador a state? #Bitcoin separates money from State…ultimately.
#catstr 
Exactly. “Interest” has to come from value creation. That’s how it all started under good standard as well. Banks held your savings. And when someone wanted to star a business, they could borrow the money. Pay it back from adding value, and the bank passed it through mines their take and paid the saver; however, when you print money, you can all the sudden make money with money itself.
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev a good friend finally conceded I was right about #bitcoin today (I felt nothing). He did however bring up a query about how credit would work on a #BTC standard. My response is fundamentally credit doesn’t work in a deflationary environment. After a few beers and crossed eyes, I still stand by this statement. But is there a possibility for credit on a Bitcoin standard in your view? I can’t see how it works?
Lending your Bitcoin to someone for a return? Why not? If someone wants to open a bakery and needs 2 Bitcoin, but only has one, you can lend him yours for a share of the profit of the bakery until your friend, with his share of the profit, can give you your Bitcoin back. In a larger sense, there may be pools of Bitcoin facilitated by enterprises…am I missing something?
The CPI as the name implies (Consumer PRICE index) shows (manipulated) price increases resulting from earlier inflation (increasing the money supply).
lol. What a bunch of idiots. It’s a good thing for #Bitcoin decentralization.
AI is already passe. Because, there was no I in AI. An advanced indexer with a natural language processed is nice, but it’s not AI.
The next buzzword is quantum. What does that even mean?
Don’t believe the hype.
Why not own #Bitcoin directly? MSTR is a institutional landgrab. It too will ultimately fail.
Yes, indeed. Bitcoin is money. What makes humans different is language. We have to be very meticulous with the meaning of words. Otherwise confusion reins. „They“ want us confused…" if thought corrupts language, language can also corrupt thought."
-Orwell
I think the state is a player. From most of these states perspective #Bitcoin adoption is a lose (-1) option. As Bitcoin separates money from state and takes their power away. That’s how they play the game from their perspective.
Let’s say I worked hard and earned 1 Bitcoin. How would I invest 1 Bitcoin in 1 Bitcoin?
„Is it not He whose immortal hand... has written there the death sentence of tyrants? He did not create kings to devour the human race. He did not create priests to harness us, like vile animals, to the chariots of kings and to give to the world examples of baseness, pride, perfidy, avarice, debauchery and falsehood. He created the universe to proclaim His power“
Normies like it. They believe all these things make them safer. They argue that they have nothing to worry about, since they don’t commit a crime. What they don’t realize unfortunately is that surveillance inverts our freedom away from innocent until proven guilty.
