The conquest of space will require an advanced monetary technology to drive and sustain all the necessary progress. In Musk’s vision, the idea that #Bitcoin could be that technology wasn’t part of the plan. Elon Musk has developed and continues to develop payment technologies because he knows this step is essential for progress in space exploration. However, feeling overshadowed by Bitcoin’s rise, he clung to Dogecoin to feed his ego. Deep down, it pains him that Bitcoin might be the technology to lead humanity to conquer space,and not something he created himself.

💀

What bothers #elonmusk is that someone beat him to solving the transportability of value, energy, and time across space. #bitcoin #timemachine #nostr

Fiat currency has destroyed marriage. #bitcoin fixes this.

Not a fan of the holidays. Nothing but bullshit consumerism and hurt feeling. Can’t wait for January 1st. #grinch

GOOD MORNING!

Just arrived to Cancun 🇲🇽

Did you work out today?

Absolute fucking nimrod.

This makes me want to side with #Monero over #Bitcoin. This is not why Bitcoin was made. Fuck these people nostr:note1nccng726g42dvc2ahyxj6rjmu9cke308uzhtnxykxquxdknauy8qq4ngt6

Went to our local #Bitcoin #Meetup last night. Some great conversation but some terrible news for one of the members who was scammed out of several Bitcoin in a pretty sophisticated social engineering attack a couple of weeks back. We discussed ways we might act as an emergency support resource (aka Panic Button) for members to call and get a second opinion whenever something like that is going on and *before* making an irrevocable decision.

Also discussed splitting off a #BitcoinMerchant group to discuss and explore the many options and obstacles in accepting and integrating Bitcoin and Lightning payments into existing businesses.

Last item was setting up small mining ops with BitAxe. In between were discussions on Texas history, musicians, weirdest places we've been and other stuff. Good group.

Stacking very small amounts of sats now won't help a lot to change a life in the coming years.

Study bitcoin can help to change the vision of people struggling because they can learn what's hard/easy money and time preference.

It can be very difficult, especially in third countries, people learn since they are kids to enjoy everything now and don't think about tomorrow. It's a spiral to keep people in difficulty, you can't build any future if you spend all your ressources today.

In the book "The bitcoin standard" he explain all that

Also in "ultra-processed people" they explain the link between poor countries and junk food, which are also about time preference. This is a concept who affect our entire life, wealth and health

I never said the average person was someone who didn’t have a cell phone. I was bringing up an additional point.

In the original post, I said, “If the average person around the world can’t afford to buy Bitcoin (even small amounts), how does the Bitcoin economy work?”

This is the average person I was referring to. And I’m specifically asking about a *Bitcoin economy.*

When you get a chance, Look up the statistics of the average salary AND expenses around the world. Also, if someone must choose between buying food or Bitcoin, what would incentivize them to buy Bitcoin? And if they bought it, what to do with it? Hold it? For what? Until when? If someone bought $2 worth of Bitcoin (a small amount), how does that improve their life?

I’m not trying to argue with you. I’m not being mean. These are serious questions. I know sometimes *tone* can’t be detected in digital conversations. I’m asking genuine questions. (I don’t do internet beef. ) 🙃

Someone who doesn’t own Bitcoin has asked these same questions to me. So, I would like to know what others have to say.

I like how everyone is for the greater good and against big central banks until one bank is being rumoured to start custoding #bitcoin . and then, suddenly, everyone is excited about central banks.

Reply, return and refresh… comments aren’t as dynamic as you might be use to on platforms

On a distributed protocol events are coming in from multiple sources

And there’s no automated discovery to push new (little/no follower accounts) in front of the eyes of similar interests

Get stuck into commenting and walking away without the need for instant gratification

I see your posts are pretty thoughtful… your interactions will initially build through commenting on others rather than creating new posts from the outset 👍

Even people living in third world countries with no access to a cell phone or internet?

I was clear in my post. I said the average person around the world.

#Nostr family. I have a few serious questions…

The Great Depression of epic proportions is on the way. It will affect people globally. Bitcoin can be a solution out of this mess.

People will say, “Bitcoin fixes this.”

My question is…How? I’m willing to have an intellectual dialogue.

How many people in the world currently have Bitcoin? How many people are paid in Bitcoin? How many merchants accept Bitcoin?

If the average person around the world can’t afford to buy Bitcoin (even small amounts), how does the Bitcoin economy work?

In a typical economy, people work a job. They’re paid a salary (typically currency). And the currency is used to buy products, goods and services. The person receives the currency to pay for other things. That’s a basic way of currency moving in an economy.

If we want a Bitcoin #economy, do we use the same method? If so, who’s paying in Bitcoin? What companies are hiring and paying employees in Bitcoin? I’m aware there are “Bitcoin-related” jobs. But what about “regular” jobs? Perhaps we need more Bitcoin #businesses paying employees in Bitcoin. But then where do they get the Bitcoin to pay their employees? Buy some? Take out a loan? Is there a Bitcoin only *bank* that lends Bitcoin? Is it even legal? (I have so many questions! 🙃)

Every job I worked, I was paid in fiat. I personally have no desire to go back to *working* for fiat. If I do work for a company (and there are a few exceptions), I want to be paid in Bitcoin. I work for God now but there are a few exceptions in which I would work for an organization again. Furthermore, I would honestly figure out how to live a Bitcoin only life. I’m sick of this “financial system” scam.

What are some real solutions to get Bitcoin into the hands of more people? We know they want us dependent, depressed, and shackled to their system. How do we use our power to obtain true financial freedom? Please feel free to chime in.

#asknostr #bitcoin #bitcoineconomy #p2p

Thanks! Can you give me any more info - Are you using any particular plugins? Is BTC setup as a currency so that it does forex? Is there a way to set up a "bank feed" from a wallet so that it appears as a bank account?

I have tried xero for this purpose and it's quite useless!

Great debate - I think nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpz9mhxue69uhkummnw3ezuamfdejj70v5n7z could have done little better :-)

The idea of scarcity is important in digital realm - where technically one could make millions of copy of a book or a picture .. Scarcity doesn't carry special significance in real world because all resources are anyway based on energy which is scarce .. Bitcoin brings that energy linkage to a digital item .. that is a unique thing .. no other digital item has this feature.

Another argument on use value of gold - the biggest use is store of value - even for gold. Any other usecase is of lower value .. eg using gold in computer chips. #bitcoin is accidental realisation of this idea .. it is first time that a store of value got Engineerd in digital space though the intent was to figure out a P2P cash system .. a mistake that most other shitcoins made by moving to proof of stake ..

Purely from debate standpoint - question that he should have asked Peter is how much he understands digital signatures, or the proof of work .. cuz unless you challange a cynic on tech - there is no way to showcase the unique properties that Bitcoin achieves .. these properties are hard to accomplish even in physical systems - Bitcoin does it in digital form - at speed of light ..