what fixes this?

Busy day today, so I'll be zapping you sats for all outstanding sticker bounties by the end of the day tomorrow 🫡

Thanks for all your awesome submissions!

More than 1,000 bitcoin stickers were put in public from this bounty alone!

Not heard of it. Link?

Fdroid???? Why are people ignoring fdroid?????

We need a nostr App Store

investment real estate is a shitcoin

- can be rugged by local governments incredibly easily

- lack of liquidity, hard to buy or sell quickly

- overvalued due to decades of people trying to escape the losing purchasing power of their shitty money

- will trend to zero when priced in bitcoin

owning your own land is the exception - can still be rugged and will also lose value over time but can provide significant benefits for family security and well being

#meme #memes

Could you clarify what you mean on the first? We don't ask location for anything.

And we have degoogled android too and it works great. You'll have to clarify what you mean by "does not work".

No need for KYC though. Your own devices suffice.

That is, we have to remember they are Microsoft. Sooner or later they will try to enforce KYCd MS Authenticator crap.

For your own safety.

Virtually no flights in these parts of Africa, the beginning of another proxy war by the US, China and Russia, getting closer and closer to World War 3.

#memes #nostrmemes #memestr

I spoke at a big bitcoin-adjacent company this week and one of the best questions was from someone who asked what the downsides of bitcoin adoption might be.

I always do appreciate these steelman questions, the skeptical questions, the ones where we challenge ourselves. Only when we can answer those types of questions do we understand the concept that we are promoting.

So the classic example is that in modern economic literature, "deflation is bad". This, however, is only the case in a highly indebted system. Normally, deflation is good. Money appreciates, technology improves, and goods and services get cheaper over time as they should. Price of Tomorrow covers this well. My book touches on this too, etc. The "deflation is bad" meme is still alive in modern economic discourse and thus is worth countering, but I think in the bitcoin spectrum of communities, people get that deflation is fine and good.

My answer to the question was in two parts.

The first part was technological determinism. In other words, if we were to re-run humanity multiple times, there are certain rare accidents that might not replicate, and other commonalities that probably would. Much like steam engines, internal combustion engines, electricity, and nuclear power, I think a decentralized network of money is something we would eventually come across. In our case, Bitcoin came into existence as soon as the bandwidth and encryption tech allowed it to. In other universes or simulations it might look a bit different (e.g. might not be 21 million or ten minute block times exactly), but I think decentralized real-time settlement would become apparent as readily as electricity does, for any civilization that reaches this point. So ethics aside, it just is what it is. It exists, and thus we must deal with it.

The second part was that in my view, transparency and individual empowerment is rarely a bad thing. Half of the world is autocratic. And half of the world (not quite the same half) deals with massive structural inflation. A decentralized spreadsheet that allows individuals to store and send value can't possibly be a bad thing, unless humanity itself is totally corrupted. I then went into more detail with examples about historical war financing, and all sorts of tangible stuff. In other words, a whole chapter full of stuff. I've addressed this in some articles to.

In your view, if you had to steelman the argument as best as you could, what are the scenarios where bitcoin is *BAD* for humanity rather than good for it, on net?