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frphank
47be0b2a89faaa66bc57f5c679203486da45660295cb3db3c2f38f4be8d8816e
Autopoietic. Scratching things from chaos. Homesteading the noösphere. Opportunity farmer: Reading things that are not yet on the page. Haskell. Dollars only, thanks.

Our children inherit the output of hundreds of years of Western civilization. FTFY.

Feel free to emigrate to Zambia no one bugging you there with taxes.

Create, Append, Read, Expire

Seems more like badges or trophies than a currency. The value of a currency is literally tied to the amount in circulation. A currency that doesn't circulate is like a library you're never allowed to take a book off the shelf from.

The way you describe it, holding a stash of Bitcoin is some sort of merit badge or badge of honor. It identifies you as holding some set of beliefs the way a cross on a chain around the neck or a kippah on the head identifies you as holding some set or beliefs.

Of course you wouldn't sell your badge or trophy the same way you wouldn't sell the family bible or that trophy you won in a high school hockey tournament.

That's why you have to hang out on "Bitcoin Twitter" as the dude in the video says, it's the congregation where the set of beliefs is agreed on.

In that case I have some questions.

(a) Why such an expensive badge. A cross on a chain around the neck can literally cost $10 even made from silver, but still identify you as a Christian. The "gold medals" from the Olympics aren't expensive to manufacture either. It's your actions that make you deserving to display one.

(b) Why all the talk about currency and how it will replace the US dollar. It will clearly never do that if it gets squirreled away like a set of rare postage stamps. If Bitcoin represents other beliefs then why not promote those.

(c) The currency problem still remains unsolved. Bitcoiners, that's one of their beliefs, want a degree of decentralization and independence from governments, monetary independence most of all. If Bitcoin itself doesn't do that and is just a symbol for the desire to wean oneself from central banks, then what steps are you actually in undertaking to achieve that. Because if you don't undertake any steps you're just dreamers the way Jehovah's Witnesses dream of the apocalypse that never materializes.

Replying to Avatar jb55

yup

The $3t valuation has to come from somewhere.

"Never selling" is literally the definition of its value being zero. It can only have value if it's offered for sale on the market.

You know how the price of something is a function of supply and demand? There has to be supply. No one selling means no supply. No supply, no price.

I've got one on my desk to calm the nerves every now and then. They're like $5 on AliExpress.

Is compact binary. The "C" and "B" stand for "compact" and "binary". What more do you want.

Would you prefer JSON.

https://www.coincorner.com/TheBoltCard

"This new NFC enabled physical card allows you to spend [...] GBP and EUR [...]."

Sounds like a plan. However my Visa and MasterCard already do this somehow if I'm not mistaken?

In my circle of friends, coworkers, neighbors, relatives, pub mates and that one barista that knows my coffee preferences literally no one has any Bitcoin.

I wouldn't "buy in late" I'd be the first one. (Totally hypothetically of course.) Do you even go out and talk to people sometimes.

Ah thanks for keeping track. Has it come this far.