아들꺼 인쇄 중간에 잠시 짬이 나서 몰래 인쇄한 비트코인 호들러. 원목 풀노드 양 옆에 하나씩 붙여야지. ㅋㅋ 귀엽.

I think putting an English intro disabled the autotranslate

What do YOU think is the difference?

I think it would behoove you to maybe do some research or understand what you're criticizing before dismissing it outright.

Earning interest on capital you are willing to put at risk is no different than investing in a business. The concept of loans and return on investment will not magically disappear if Bitcoin becomes a standard.

Did you watch the video? Do you know how interest is generated via covered calls?

Drivechains Won't Eradicate Altcoins

--------------------------------------

There's a prevailing belief among advocates that drivechains will spell the end for altcoins. The logic is simple: if drivechains exist, they can replicate any function of an altcoin on Bitcoin itself, eliminating the need for the altcoin. For example, if an altcoin boasts privacy features, those could be integrated into Bitcoin using drivechains, making the altcoin redundant.

Technically, this perspective has merit. Many altcoin innovations can indeed be integrated into Bitcoin via sidechains. For example RSK is a Bitcoin sidechain that uses Ethereum's scripting language to copy its "features."

However, this viewpoint misses a fundamental point. Altcoins don't thrive purely due to their technical features. In fact, their primary purpose isn't technical at all. Altcoins mainly serve to profit their founders and early investors.

Take ZCash and ZClassic as examples. They are technically identical and the only difference is political. ZCash had a premine and a dev tax, ZClassic did not. They are completely redundant, yet, their coexistence remains undisturbed.

At its core, the altcoin world revolves around profit and politics, not technical features. Most of these "features" are not just dubious but actively harmful, as can be seen in the many different exploits of their bad designs. Technical features are significant only if they attract new investors. In essence, they serve more as promotional tools than as core functionalities.

Many mistakenly see Bitcoin's value solely in its technical attributes. While these are crucial, Bitcoin's real strength lies in its monetary nature and the decentralized scarcity it creates. Overemphasizing its technical aspects risks overlooking this foundational economic characteristic.

Drivechains are an intriguing technological development, but they're not going to suddenly stop new altcoins from launching or even succeeding in getting new people to buy in. People don't buy altcoins because of features, they buy altcoins because they want to gamble.

Besides, if it was just technical features, wouldn't other sidechains like Liquid and RSK be more popular than the thousands of altcoins out there? The past seven years suggest that drivechains won't change this.

흥미로워보이네요. 잘 읽겠습니다🫡

Awesome - it's great! ( I wish I could really tag @bobmurphyecon here!)

It's an enjoyable conversation! (Forgive my use of numerous hashtags, this will help me find some of these arguments later!)

I think it was Jeff Booth who explained how the current financial system requires theft at the base layer ( #InflationIsTheft ) to operate. #BitcoinFixesThis , right? #RulesNotRulers is also a mantra in Bitcoin. I say this because the state is defined as and exists through a monopoly on violence in a geographic region. This coercion by a group of individual actors (wearing special costumes) is unacceptable and exists because the state can take your property from you, threaten to or actually lock you in a cage, and it can even steal your time (through taxation of your labor #TaxationIsTheft ). All of this is morally corrupt and wouldn't be allowed by any individual against another individual, right?

But what is really happening here? Most services provided by the state are valid - protection (police), justice (courts), transportation (roads), and defense (military). Since these are simply services, why is coercion and violence needed to fund them? It's not! It's just that the state gives itself a monopoly and threatens any potential competitors. What if these services were voluntarily funded? What if these were private companies focused on serving their customers instead of a monopoly that operates under the threat of violence? There are lots of objections people still raise here, but Bob Murphy's booklet 'Chaos Theory' explains the nuance of how this system could operate... private security, courts, roads, and even national defense. It's an excellent, free, and short read (available at Mises Institute).

So, people organizing is great, the monopoly on the use of violence is not!

With #Bitcoin, the state's ability to steal your wealth is greatly decreased compared to any physical/centralized form of wealth (gold, fiat, real estate). Leaving with your wealth is a real option now. This will incentivize the state to be customer focused, instead of threatening. This is discussed in the book "The Sovereign Individual" and is really a thought provoking read!

Bitcoin will also reduce the state's ability to fight wars significantly, because it will have to get funds through #voluntary contributions instead of violence. #AntiWar Also, conscription of their populace (read: slave labor by the state for war) is much less of an option when the people can leave with their wealth in their head!

At the end of the day, a small minority of people use violence to conduct their business... thieves and the state. This is unnecessary and there are real options that Bitcoin will (hopefully) help humans achieve (eventually)! #voluntaryism #liberty #libertarian #peace

It's an enjoyable conversation! (Forgive my use of numerous hashtags, this will help me find some of these arguments later!)

I think it was Jeff Booth who explained how the current financial system requires theft at the base layer ( #InflationIsTheft ) to operate. #BitcoinFixesThis , right? #RulesNotRulers is also a mantra in Bitcoin. I say this because the state is defined as and exists through a monopoly on violence in a geographic region. This coercion by a group of individual actors (wearing special costumes) is unacceptable and exists because the state can take your property from you, threaten to or actually lock you in a cage, and it can even steal your time (through taxation of your labor #TaxationIsTheft ). All of this is morally corrupt and wouldn't be allowed by any individual against another individual, right?

But what is really happening here? Most services provided by the state are valid - protection (police), justice (courts), transportation (roads), and defense (military). Since these are simply services, why is coercion and violence needed to fund them? It's not! It's just that the state gives itself a monopoly and threatens any potential competitors. What if these services were voluntarily funded? What if these were private companies focused on serving their customers instead of a monopoly that operates under the threat of violence? There are lots of objections people still raise here, but Bob Murphy's booklet 'Chaos Theory' explains the nuance of how this system could operate... private security, courts, roads, and even national defense. It's an excellent, free, and short read (available at Mises Institute).

So, people organizing is great, the monopoly on the use of violence is not!

With #Bitcoin, the state's ability to steal your wealth is greatly decreased compared to any physical/centralized form of wealth (gold, fiat, real estate). Leaving with your wealth is a real option now. This will incentivize the state to be customer focused, instead of threatening. This is discussed in the book "The Sovereign Individual" and is really a thought provoking read!

Bitcoin will also reduce the state's ability to fight wars significantly, because it will have to get funds through #voluntary contributions instead of violence. #AntiWar Also, conscription of their populace (read: slave labor by the state for war) is much less of an option when the people can leave with their wealth in their head!

At the end of the day, a small minority of people use violence to conduct their business... thieves and the state. This is unnecessary and there are real options that Bitcoin will (hopefully) help humans achieve (eventually)! #voluntaryism #liberty #libertarian #peace

아하 유료템이구나 ㅋㅋ 해결 ⭐️

베타가 이제 풀려서…

ㅎ 이모티콘도 바꿀 수 있고 잼 있네요.ㅋ

There is a guy in my building that I chat to. #Bitcoin  pops up in convo.

This morning he told me he finishes early, so I said pop up to my office, and I’ll start you off with a million sats.

He never showed up and went home to play Call of Duty. Ngmi

The system has done good

Will said that it doesn’t work atm

넵 받으니깐 wallet 탭에서 alby 혹은 다른 지갑으로 연결하기 떠서 alby 연결해봤는데

그래도 안됩니다.

일단은 zap할 때는 다른 클라이언트로.. ㅎㅎ;

월오사, 알비 지웠다가 넣었다가 하다가 보니 없어졌네요; 일단은 월오사 다시 넣어놨습니다.