Do me! do me!
It's $267,000 per taxpayer
Yea, I don't see the issue. If the government wants to buy bitcoin as a full reserve for dollars I'm all for that. Not all government money is fiat money. The US dollar used to say 'redeemable in gold'
How do I get rid of all this free form stuff in my feed?
#askNostr
Hey nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpz4mhxue69uhhyetvv9uju6mpd4czuumfw3jsz9nhwden5te0wfjkccte9ec8y6tdv9kzumn9wsq3yamnwvaz7tmsw4e8qmr9wpskwtn9wvql3tqm. Can I ask for help with something please? I'm not very versed in economics but I noticed this in Michael Saylor's presentation and I was wondering if I'm right or if I'm missing something:
So according to saylor, if you have 6.5 coins (or whatever amount) would could potentially have a crazy amount or Dollars in 20 years.
But my problem here is that - the reason why you may have millions in 20 years because the dollar is worth less (inflation) than 20y ago. In other words, it's the same bitcoin value, but the dollar just isn't worth shit and you need 1 million to buy milk.
So, when he says you will be "wealthy" that's not really true.
This insistence is measuring the value of bitcoin in dollars seems futile in the long run. It seems to me we should perhaps use gold as it's depreciation is far more stable and maybe say 1btc = 20 gold coins and in 20 years 1btc = 23 gold coins.
Does any of this make sense? Sorry for the long paragraph. I really appreciate you patience to read it.
People usually talk about future value in today's dollars, not the futures dollars. If someone says bitcoin will be worth $1m by 2030, they mean that in today's dollars. It will buy what $1m will buy you today
They can probably find a way to f it up, but if they had bitcoin reserves to 100% back a currency I suppose we wouldn't really *need* our own bitcoin
What exactly does this mean, people can't use the Bitcoin emoji only, or people can't use the #bitcoin hangtag to link/ search for posts?
"Let this be the our we draw swords together, Bro"
This is great, what's your location?
Thank you for this! It seems robosats has an android app, so I'll have to look into it some more
Not saying it isn't relevant, but notice the German chart is Log scale
I may be wrong, but that's my understanding
If I buy KYC #Bitcoin on strike, then send it on #lightning to my mutiny wallet, then send it to cold storage, it basically scrubs the KYC trail, correct?
But if push comes to shove, the government would still know I bought a certain amount on strike and want to know what happened to it? Like, wouldn't it look fishy if I bought $5000 of kyc bitcoin then it immediately disappeared?
I am currently computer less so can't use bisq- only have my android phone.
Thanks for any input. #asknostr
I think the jade has to connect to the 'oracle server' when you go through the unlocking process when you use it. Since the website is down it must not be able to do that step.
Pretty sure it was Tyler Lockett also
nostr:note1npeuchw8cm60gl0v2ehdp8ckp3pdcqzvuxs6uzz55dt0x0m8jfmqven2jlI actually had that guy in the meme as a professor in college
Ever try crushing up a jewel weed stalk and rubbing the juice on? Works pretty good
