80
szarka
80ba3b7745d73bf269d5dad1e9952f3eff851d3f16fc5efb1f052889dea18705
Geek. Bitcoiner. Economist.

gm!

I don't trust the Sunday Times,

or these dollar bills that turn into dimes.

When paper turns to dust I still say

ooo in you I trust.

https://youtu.be/VWW--PuwYsg

There's certainly a sense in which this is true: attempting to enforce equality of outcomes certainly does kill liberty.

But not all the inequality we see in the world today is the result of free choices: much inequality is created by state privilege. The example that should be obvious to any Bitcoiner is the way banks benefit from being close to the proverbial money printer, as well as bailouts and government-enforced restrictions on competition.

I think it's an open question whether we'd see more or less inequality in a truly free world.

For starters, Twitter can't afford to get banned from Apple's app store. If Twitter had done it, it would have been some kind of emasculated custodial bullshit that took a big cut off every transaction. So maybe it's just as well.

I suspect we would do well to go back and take a look at WAIS, which was the road not taken for Internet content when centralized search engines and directories won out. Just as nostr is a lot like a better Usenet, maybe we can steal some ideas for creating decentralized search?

Agreed. If 1 sat is ever valuable enough that we'd care, no one is going to be doing small transactions on-chain anyway. Millisats working just fine on Lightning already.