I DUNNO WEN BITCOIN CONFERENCE, HUH?!?

yeah I like Damus best. I still crack open others from time to time just for the thrill of it.

haha amazing, I just checked 🤙

teach your own kids how not to be statist retards.

oh sweet. they fixed the thing where if I clicked on an image I then had to quit the app 😂

not the hero we deserve. also not the one we need. just shitposting the collapse of western civilisation. don’t mind me.

ah come on, see the funny side.

lmfao I see we are at the “round up your political opponents and throw them in jail” phase of regime takeover and social collapse.

one of my favourites.

I think more importantly people are just experimenting on both the producer and consumer sides and nobody has enough data yet to know what will be sustainably profitable.

(it’s almost as if the entire thesis of Bitcoin Is Venice is god damn profound …🤔🥲)

time is running out to read When Money Dies!

surely that the payment model evolves to directly price in a margin on storage?

Gigi do you know who that person is? I will lose my mind if you say yes.

how?

it’s a way for commercial bank moneys to clear at a speed you’d expect in a first world country. as Matthew discusses, it’s crazy to anybody in Europe or the UK that this *doesn’t* already exist.

I (might) agree with you to a limited extent in that it makes the dollar more natively digital, and that perhaps all digitisation lends itself to control, but that’s more a political point than an economic or financial one. currently, dollars are digital anyway but it’s an expensive pain in the ass to transfer them.

yeah it’s ACH but for digital money (which is what we have in fact now, like it not) instead of cheques (which is literally what ACH was supposed to make more efficient)

it’s a rail, not an asset. what runs over the rails is still very much commercial bank money (for now). Matthew explains all this very well.

are you fucking serious I have ̶r̶e̶a̶l̶i̶t̶y̶ ̶t̶v̶ ̶t̶o̶ ̶w̶a̶t̶c̶h̶ things to do

fantastic rip from #[0]​ and Matthew Mežinskis (dunno if he’s here to tag?)

most important thing to stress I think is that, contrary to how much fun it is to doomsplain, FedNow is *emphatically not* a CBDC.

that doesn’t mean it’s a wonderful thing or anything, but if we want to both i) make worthwhile criticisms, and ii) design better systems for bitcoin, we should understand how things actually work currently rather than turning into the boy who cried CBDC and therefore needn’t be taken seriously when shit gets real …

https://tftc.io/tftc-podcast/407-can-bitcoin-reach-1-000-000-by-june-15th-with-matthew-mezinskis/

no but seriously, you have to read this. I’m now reading it for a second day in a row and may go all week:

https://www.tabletmag.com/sections/news/articles/guide-understanding-hoax-century-thirteen-ways-looking-disinformation

oh look, covid hysteria and American imperialism are basically the same stupid thing:

you have got to be kidding me, it still isn’t over.

also fun to be reminded that Trump Derangement Syndrome was ultimately a concoction of a de facto fascist alliance between the security apparatus and the chamber of commerce but that’s its useful idiot paddlers were too useful and too idiotic to appreciate this, so they screamed about “racism” instead, that being the blasphemy du jour.

good times.