Know about this one by Doomberg. Makes sense… if you know printing $$ bad, but too dense to get #Bitcoin, its kind of the only thing to get into, #Gold.

One place I’ve repeatedly gotten stuck, is on the fact that there will not be enough UTXOs for every person on earth to own even one.

Layer-2 and 3 (and 4, 5, etc) solutions are the only ways to “reach” everyone, and some of those implementations will invariably involve trust, fractional reserve banking, and custodial third parties.

Humans are amazing, but we’re also short-term opportunists by default, and there will always be “fiat” pursuits. At least until we are all collectively so enlightened that the need for a medium of exchange ceases to exist (lol, different rabbit hole).

Real, actual bitcoin won’t (can’t) be the way that everyone manages their daily transactions — even in a “post-hyper-bitcoinized” world. It’s not possible (at least as I understand it, based on the minimum UTXO size for a transaction).

But also, I think that’s okay…

I think it will be “enough” for Bitcoin to be recognized and implemented as a global monetary base layer. A transparent and free market for money can force participants (banks) to be transparent about risk tradeoffs. It can force governments to only spend tax revenue on things the citizens actually want and approve of, at risk of being “busted” and voted out. It can still give every user the ability to save in a money (or a monetary “layer” atop a consistent base) that can’t be devalued — and when a bank or government tries to devalue it, the citizen retains their permissionless freedom, to chose a better custodian.

I don’t think every global citizen needs to hold Bitcoin for this to work. Bitcoin just needs to work.

when i was 15, i got a black leather trench coat for christmas.

i know... it dates me to at least a decade.

That Christmas we went to a ski town, to stay at a resort. Now was my opportunity to look incredibly cool in my black leather trench coat. So i donned my black punkrock buckle boots, and my leather trench, and i went out walking.

in the snow.

As i was smoking, walking, and looking cool, i noticed a large group of girls at the bottom of a hill. As i looked at the girls, i was not paying attention to where i was walking. I slipped on ice, my feet went up, and i knocked myself out landing on the ice.

side detail...

my new leather trench coat turned out to be more a sled than anything else. so down the hill i went, slowly rotating like a beautiful uncocious starfish, until i came to rest at the bottom of the hill near all the girls. It was at this point i woke up, realized what had happened, and went home.

Moral of the story...

watch where you step.

stay humble, stack sats.

So I had a full night of shuffling #crypto around between exchanges, metamask and some self custody wallets.

First issue was forgetting the PIN for my #ledger. Managed it on the third and final attempt.

Then, after assuming I had lost the tokens ages ago buy sending them to the wrong address. I managed to locate my lost $Gala tokens.

Crypto is hard.....

Ps - it’s a reserve asset for anybody.

How does it being a currency allow these people you’ve identified above to access it?

Sound complex but always worth it for good coffee 👊

Curious, how so?

Hi, first time in NOSTR. Who should I follow?

#introductions

I think as market cap increases and risk decreases further along with it, the outsized gains will decrease.

However, this doesn’t mean that it will stop conserving your wealth against fiat currencies over the long haul.

I think it will always be a buy, hold, and forget about it, asset class.

This looks interesting. What's the premise?

Have you read the book?

A lot of this really boils down to those who read the book hoping some human has the ability to bring it to life in a way that not only respects the book but respects that people really want to see the thing they read about.

This is the third attempt to bring Dune to life and it fails to do so and I thought this was the best attempt so far.

David Lynch tried in the 80's and I liked it but it wasn't really Dune.

SciFi did a 3 part mini series that included the 2nd and 3rd books (scant) in the series but . . . meh. It was way too ambitious.

Now we have this latest attempt. As with the first two attempts many things in the book that gave the story the deep political, economic, and sociographic contexts had to be jettisoned because there is not enough production money and time available to do it the "right" way.

One of these days someone will step up and knock that son of a bitch outta the park but I don't think it'll be very soon.

I highly recommend reading the first 6 books in the series (I tried his son's attempts to further the series but I find them horrible). The sheer depth is eye watering.

Dune Part 1 was pretty boring but beautiful. Dune Part 2 was fantastic: the costuming, cinematography, editing, sound design, score . . . it was bad ass BUT! without the full context it just can't be Dune: The Movie.

Does this help?

#Coffee break on route home.

Can't wait until I can pay in #zaps 👊

#coffeechain #happy #break #driving #bitcoin #nostr