With an inscription, you use the native "objects" (transactions) to create digital arbitrary data that can be any file, as long as it doesn't break the consensus rules.
An inscription is thus generally a file that consists of Bitcoin native onchain data, organized and linked together in such a way that others can see what this should represents.
And then there is the actual properties and network and economic effects of the chain that slip in the conversation.
Which is why I said "There is no scarcity". :)
Pump harder then last time.
But I do agree on the fact that Bitcoin is the most special and powerful computer network ever.
Yes. And this means that the time block chain is just a way of recording history. I would not call that an "element" ;)
#Bitcoin:
Scarcity based upon network and economic incentives that everyone follows because of free will.
#ordinals:
Scarcity based upon the content directly uploaded upon the blockchain which clutters the blockchain.
#NFT:
"Scarcity" based upon storing a link on the blockchain to a provider. There is no scarcity. The only way this could practically work is when people are forced to play along with it.
#fiat:
No scarcity, they can manipulate it, take it away, you are forced to use it. Oh and $X trillion of debt.
Use your mind.
Opensource hardware chip in the make?
They wanted to shift to a micro kernel or something. But that is not soon.
The mrna spike protein is created by human cells at command of the messenger rna. There are also lipid nano particles that "scratch the cells open" so those mrna strings surrounded in a fat membrane can enter the cell.
Another moment of gratitude.
We are gratefull for having now more than 50 #plebs following our project.
Thanks again to nostr:npub12rzunrxvx89f78h4df284lzvkjqetljkq0200p62ygwmjevx0j8qhehrv9 and nostr:npub15c3rmcmcafw645z4w7u8e8q8akjpk9cmqfr95mnyl86r2m6xqfdsluh6re for sharing our story here.
#gratefulchain
#WaterIsLife #Agroecology #Permaculture #OffGrid #Homesteading #Farming
#grownostr #garden #gardening #foodstr #permies #seeds #mulch #foodforest #permaculturedesign #sustainability #trees #nature #plebchain
What about opensource beehives?
Woww. That is a unique mountain.
I like the way you think.
But digital scarcity like this is only accomplished by economic incentives. Without those, a blockchain will be practically useless.
Delighted to announce the launch of my publishing house and online bookstore TheSaifHouse.com, publishing the best Bitcoin and economics books in high quality cloth hardcover and audiobook and ebook and offering 10% off for payment in bitcoin!
To launch, we're selling a fine cloth cover version of nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a's new book, Broken Money, as well as Fiat Food, Matthew Lysiak's forensic investigation into how inflation ruined the modern human diet and health.
You can get these two books, as well as my Principles of Economics, The Fiat Standard, and The Bitcoin Standard, all in hardcover for $99 only ($89.1 if paid in bitcoin!)
Hello saifedean, can you please explain to me how the US can loan money out while being in debt? How would this loan be considered worthy if there is no money that backs it up?
And how can the US increase the debt of individuals without their consent? Is that allowed?
And is this explanation that I have about inflation accurate?
So hard to wrap my head around this...
