Bitcoin and government(s) are codependent, and NGU window will eventually close as a result. From my naive perspective, nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl is spot on.
To succeed as a medium of exchange, replacing or augmenting fiat in the “real world”, Bitcoin will need cooperation by government(s). And, as long as “number go up”, government(s) will increasingly be attracted to regulate or make use of Bitcoin as a store of value.
These trends are already noticeable today.
At some point (after elites have invested) the value of Bitcoin over fiat will be moderated. This may be accomplished “artificially” by price regulation, so that the “common folk” have some chance to catch on before price goes “to the moon”. Or it may simply be the “musical chairs” result of a hard drop into Bitcoin standard. Either way, the “fun times” of dramatic price fluctuation will be over. (maybe around the time a reserve is made?)
As long as government is involved, “never too late to get rich from Bitcoin” is a blind fantasy. We have a window. It could be closing already.
That’s my uneducated take… what’s yours? Tell me how NGU will be forever and benefit everyone.
nostr:note12hteym6c3m5nahd0mz9a3dkjh5c8tgvhuzsyx6v62yckzmg5z0jsffj85j
How does anything other than the market regulate the price of bitcoin?
And to think people are selling the very thing that will save them from these ever growing fiat banking gyrations
Satoshi probably moved around quite a bit, so a Windows laptop probably would have been the only viable option
That would explain the disappearance but I highly doubt the government would be able to foresee the invention’s significance. I suppose he/she could have donated them for love of country, but no one, not even Joe Biden, loves the USG. Especially its money printer. So how would they have obtained them and when?
Can’t fool MY spam folder, Kama-llama
What was the caliber and distance there? Was it the same angle and weapon?
A single individual cannot fix money though. Trade is a social activity. In order for a money to be generally accepted the receiver needs to be confident that others will want that money in the future. i.e. it needs to retain its value across time and space (aka store of value). The other properties of this "freedom currency" don't really mean much without that single one. Currency speculators will always exist as long as there are competing currency, but the vast majority of bitcoin "investors" (ETF buyers) are hedging against inflation and debasement, as it's become nearly impossible to save in fiat currency.
You can’t own part of a technology?
Actually let’s just quit the semantics and condescension. Are you and OP big blockers or not?
What’s the difference between “investment asset” and “savings technology”?
They need each other though
Hard money that shouldn’t be spent won’t be spent.
Record fast today: 22 hours. 1 cup of coffee, a Nuun tablet, half an LMNT packet. My stomach was in knots until I just pigged out on snacks. I though they would go away after dinner, but nope.
💯 I'm pretty sure the Nuclear Football has more user verification than Twitter, but I wouldn't be surprised if there have been many lapses in security after what we saw w/ Trump's assassination attempt.
Because you think that the "anti Bitcoin" candidate has a chance of winning, or you think other idiots believe that and are trying to buy some back cheaper later. Definitely idiotic, but not crazy, just a fiat day-trader mindset that sometimes pays off.
I get that. I think I just didn't fully comprehend your last bit about valuable things not ever being paid for in money, but Satoshi wasn't trying to fix these non-economic activities, which are mostly outside the purview of what the elites can control. So everything that can be transacted between market participants.
7+7+7 seems more arbitrary, but maybe there's some Satoshi jackpot reference I've never heard about.