Avatar
Bison
75f2a14f69c387b4b9b1fda0987f4b1c240f42a34a64c411224dd64746d54c79
I no longer feel lost

Nothing else but bitcoin will lower the cost of everything else for everyone else, forever.

Knowing this, what will there be left to fight over?

Is cheesecake a pie?

Cheesecake sounds amazing

Cheesepie sounds like an abomination

See y’all in the soup line later 🫡

Sometimes bitcoin has to go lower to go higher

Gm

A lot of people just need time to understand it. Our economic system is not set up to give most the time to do it.

The only reason I came to try to understand bitcoin is by being in-between jobs for a month, and I was at a crossroads of what exactly to do investment wise moving forward.

It really gave me the time to finally think outside the box.

I had heard of bitcoin, but had dismissed it as missing out on the pump that would eventually fizzle out with nothing actually underlying it.

Had I not tried to learn about bitcoin, I’d still just be plowing every extra dollar into the sp500 through a 401k or Roth IRA primarily.

Not the worse way to live life, but you’re still locking yourself in til retirement and then guesstimating end of life expenses the longer you live and the less fiat gets you.

That’s the life the government wants you to live. I want to live my own life.

Is tungsten making a comeback?

Gn

Nostr is the Church of Bitcoin. And as a bitcoin unbeliever, I'd like to probe the understandings and beliefs of those who are really into bitcoin.

These false dichotomy questions are meant to spur discussion, of course I don't think anyone can simply choose one over the other, but I wonder what people are thinking.

Which of the following is true:

1. If government went away, the people would be free of the oppression of taxes, all interactions would be voluntary, and anarcho-capitalism can finally bring in a utopia.

2. if government went away, the infrastructure would erode (roads, the internet, power distribution, sewage, etc) and people would be living in fear of violent gangs that would have bloody and terrible battles for power.

Which of the following is true:

1. Bitcoin will grow to the point of being the world currency, at which point government won't have any reliable way to collect taxes and government will shrink away.

2. Bitcoin won't get much larger than it already is today because if it gets much bigger governments will shut it down, seeing it as an existential threat.

I could ask more but I think you get the point.

My belief is that small governments are good and necessary things, and governments will not allow themselves to lose revenue in any significant amount, so bitcoin can't grow much larger unless it embraces KYC (which the Church of Bitcoin clearly doesn't). And therefore IMHO there is no bitcoin endgame other than where we currently are. I believe we are living in an abnormal period of laxity.

I"m about to run off and I won't see the replies to this for hours, so don't expect me to participate in the discussion right away.

BTW: I am libertarian, I believe in free markets, I like power in the hands of the people, I hate the fact that governments are necessary, and I love free speech. But also I think I'm pragmatic and realistic.

1. Will we continue to evolve?

2. Have we evolved?

It’s just fiat at that point and we might as well nuke the planet from never learning our lesson.

We will have shown to have never progressed and don’t deserve to.