And stop using Coinbase
Why is the mempool bloated again
Fungible and non-fungible are man made bullshit. Everything is different and everything is the same. A signed baseball is the same as every other baseball out there according to my grandpa yet people pay premium for signed ones. And baseball is not even a recognized sport in a lot of countries. It is a scam and not a scam depending on who you ask.
I sometimes dive into shitcoiner communities to see what they are up to. The worship on Charles Hoskinson is unmatchable even compared to pure scams. This guy must not fart and only eat candy. This is exactly the reason why I think ADA will fail.
Everyone know products don’t last long anymore. Besides company greedy, consumer cheap (or poor), there is one more driver: tighter regulations. Just some examples:
- Auto start and stop: number play on calculation sheet to pass standard on cost of your battery.
- R410a refrigerant: environmentally friendly with much higher working pressures which kills your AC faster than old R22.
- Mercury: old thermometer/barometer basically non-destructible used in tstat, gauges, and appliances. Now you can enjoy the fancy digital ones every couple of years..
When it comes to energy, environment, and safety regulations there is no upper limit.
And you paid for it which in turn justified the price, and posted it which may attract more people to pay for it. We are all part of a scam.
Decentralization is the only innovation in the field. Block size? Doesn’t Matter. Block time? Doesn’t Matter. Smart contracts? Doesn’t Matter. By my definition if a project doesn’t have well-known figureheads, company, foundation running behind, you can’t be rugged by a single entity’s behavior or people’s judgment on that behavior then I don’t call it shitcoin.
I am sad to see people worshiping MicroStrategy, Satoshi literally created a thing that works perfectly without any worships. Every bitcoiner is as important as MicroStrategy. Fuck MicroStrategy. Fuck you if you worship every single thing that company does. 🤡
“Bad money drives out good” is a flawed premise.
We moved from gold to paper/digital fiat as a natural technological progression, because fiat met our globalizing society’s “need for speed”.
Bitcoin is even faster, but solves the fundamental problems of fiat.
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a's book explains this much more eloquently 😉
Sounds promising
#Bitcoin is so hard how could it become a currency if bad money drives out good is true. ELI5
If I bought an airline ticket but decided to not show up, that seat shall be kept empty not being sold again. Seat overselling and fractional reserve banking are all bullshit.
It is like life, if you have said something bad to me in person you are never gonna undo it (you can apologize after though and I can accept it). Life is not so free neither.
The ETF could accelerate regulatory crackdown on self custody, move out of exchanges while you still can.
https://www.theglobeandmail.com/business/commentary/article-canada-housing-crisis-prices-economy/
Real estate?
No. You never actually own it. You can be forced out of your land for unpaid taxes.
Never mind that it's a nightmare to hold right now.
This is why Bitcoin gives property rights to the poor.
No one can force you to give up your Bitcoin.
You can be forced out more easily in other ways like renting. Banks don’t like to deal with foreclosures, they just want cashflow from the loan (which doesn’t grow with property appreciation). Landlords want their properties back so they can rise rent, and their equity grows at same time.
Noobs and Other Suckers Terminated by Rug-puller 🤙
Market is full of hesitation the pump is not done
