... so don't buy the book. Information can't hurt you. If the arguments are invalid, they can be countered. But you can't really intelligently counter his arguments unless you actually read/listen to them.
That's the same thing nocoiners are guilty of - dismissal without facing the logic of bitcoin head on.
More content out there that gets people to think deeply about bitcoin is a good thing imo.
I'd rather people get into bitcoin because they independently came to understand its importance, rather than fomo in because NgU and then get rugged.
Way too US centric of a view - US gov does not have that much power. And if they are going to go that far, the narrative doesn't matter - they will use any bullshit excuse to do it. A piece of paper is not a defense.
You know there are other countries besides the US right? Bitcoin is global, hash rate is liquid.
Co-opt and control what?
Don't think stopped. Think controlled and removed ability to mine independently from the government.
Not if you do it secretly at small scale That's how true decentralization happens - as a response to government attack. What we have now is not decentralized.
Eventually they will stop publishing the Fed's balance sheet because "markets are getting the wrong ideas"
If decentralization can be stopped by an argument, it was never that robust to begin with.
Watch some of Eric's talks on bitcoins *actual* security model: https://youtu.be/OdqMhzOL1_U
They have no way to verify that the gift cards weren't bought with stolen credit cards, in which case Amazon might not honor them
47mm x 12mm (13 w/plastic) x 2mm (3 w/plastic)
That's for v3 through
Depends on a lot of factors. I don't know anyone my age that pays taxes in Argentina for example.
Unpopular opinion: if laws are retarded, just break them
But they've always controlled the flood gates regardless of the mechanism they use. Central banks' only reason for existence is to dictate the rate at which banks get bailed out, such that the suckers/savers don't lose confidence in the currency.
Yeah, that implies M2 is the new M0 - which is basically hyperinflation of the money supply (i.e. destruction of the currency system)
All M2 will eventually be converted to M0, it's an inevitable consequence of fractional reserve banking...
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
– Ludwig von Mises