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edouard
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Peter Todd is undoubtedly very technically able

It is really weird though he calls for the killings of all Iranians, Russians, etc all the time

i don’t especially fancy Russians or Iranians but it is weird to want to kill them all as if it was something as casual and enjoyable as having ice cream

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Some horrible opinions but not really sure they qualify him as a ā€œcommieā€ though

The next catalyst would be a ā€œnormalā€ big company deciding to allocate 10 pct of cash to Bitcoin

Dell I think would be the most likely

Not sure the increase in supply of this companies in response to demand will not destroy potential bubble in its infancy, converging their mNAVs similar to what happens in shitcoins or anything where supply elastic

Bitcoiners often care a lot about health, poisonous food etc

In that regard, the situation in the U.S. is probably 10x worse than in Europe — one of the rare topics where that’s the case — due to weaker or more corrupt regulation.

And most Bitcoiners are also strongly opposed to overreaching regulation.

We focus a lot on violence by the state and sometimes forget the violence of scammers and businesses, the fact that capitalism is amoral: if you can make a consumer addict, you do. Most businesses seem to apply this today, more so than in the past.

Maybe it should solve itself through Darwinism — people who don’t pay attention, or parents who don’t care, end up dying or not reproducing. Maybe that’s the only way, since all others are too coercive or too risky.

But information and culture are probably also keys. A relatively good state is one that wants to be as small as possible but also encourages citizens to be conservatives (in the sense that something proven by times is safer) paranoid, skeptical of everything, including itself - exactly the contrary of what states do today

Replying to Avatar HODL

Max 100k

4.5m adresses with 0.1 to 1

800k adresses with 1 to 10

140k adresses with 10 to 100

People control 10 adresses let’s say so above numbers don’t mean that many people have 1 but also some of the 4.5m between 0.1 to 1 maybe belong to people that have 1 all in

My best guess would be around 300k people

In a period of intense technological progress, soft money allows power to decide who benefits and who does not

We can’t change the unit bitcoin

We should drop, ignore it though

Talk only sats and ideally hundred sats should have a name cause it is easier to manipulate and thus spend

Maybe bits is not the good name I don’t know

I believe we need ideally a unit at 100 sats

It easier to compute / convert now and in 10 years at x30 as well

I think it’s true, we can’t rename bitcoin the unit

We should drop bitcoin the unit for all payments apps, etc

Use bits and sats.

Bits are useful as they are better unit of account than bitcoin (terrible, you can’t count for everyday things with it) and sats (not great as people don’t like too small units, too big numbers for everyday things)

Bits are better now and will still be if bitcoin x100

Sats are useful as they grew organically, are the smaller units and will be like the cents are to the dollar to the bits

We don’t need bitcoin the unit, it will be just 1mio bits

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Keep bits, keep sats, drop bitcoin the unit it is useless

People who use bitcoin as payments count in sats

Counting in bits would be easier.

Let’s keep the sats as it grew organically, is the smallest unit, and we will need cents in the end

Payments apps etc should drop bitcoin the unit and propose bits and sats as defaults

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