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Pascal
8e36bc573fbbde9b1ae863f381ecd38f805e65d4b763feb845f20394b583bd10
✝️🌈 God‘s child 🪙💚 Sound money enthusiast 𐤊

„THEY DON‘T UNDERSTAND THE THINGS I SAY ON TWITTER!🗣️🎙️🎶“

I regret ever having heard this song because of a friend. That earworm is terrible and will probably last for a long time. 😭

Kaspa is the best form of money humanity has ever had: block times below the global average internet latency, yet decentralized and secure like Bitcoin.

The crescendo hard fork will go down in history. 🚀💚

The Kaspa Crescendo hard fork is complete! 10 blocks per second now. 🥳💚🚀

https://blossom.primal.net/d70f96e42d021a4e70b19eb5fcfc54fd33a21b7020141d5709d6d4b01ba72261.mp4

Replying to Avatar WildBill

I know these “coincidental correlations”. Just like he created this account after Satoshi said he’s working on another project. 😂

Replying to Avatar WildBill

https://x.com/xImHoveR/status/1918909301717955000

Seems obvious to me he’s Satoshi. Now he’s orchestrated Kaspa that lays more blocks in 24 hours than BTC has in its entire life. I love Bitcoin and buy it every week. But it’s asinine to think a technology can’t be improved upon, because it always has been. 10bps tomorrow.

There are too many signs that he’s Satoshi, but this slip of the tongue is already significant, especially now with the Crescendo upgrade. 😮

That's why I think Kaspa might be a viable alternative. However, there is still a lot to do, such as scaling to 10 bps, which will happen on May 5th, and implementing smart contracts.

Since it is based on Satoshi's ideas, Kaspa is, in my view, the only conceivable alternative to Bitcoin that can effectively address the blockchain trilemma. All other projects are in my opinion failures, as they deviate significantly from Satoshi's original vision.

On the other hand, it is certainly conceivable that Bitcoin could potentially be used more effectively through Layer 2 solutions without fragmenting the network too much.

But only time will tell which currencies the masses want to use as MoE. Hopefully, we’ll use better money than fiat in the future.🫡🧡💚

My grandmother fled around 1957/58. Before the wall was completed, she and her mother took the subway and brought very few things with them.

The excuse they gave was that they only wanted to go to a cemetery. Fortunately, that was still possible at that time.🙏

Interesting, but why communism? I think that‘s a contradiction if you want to be an anarchist on the one hand and advocate a system with centralism and control on the other.🤔

As a German, I neither live in a communist state nor have I ever lived in one. However, there are still too many left-wing policies that take away some of my freedoms, which is why I am considering emigrating after my studies.

I only know a lot about the consequences of communism from my grandparents, who tell me about the former GDR, or from a colleague from Kazakhstan who talks about the famines after the fall of the Soviet Union.

There is a proverb in German 'Lieber tot statt rot’, which means 'Better dead than red’. I believe that’s how we should all live. 🫡🗽

Thank you for this inspiring lecture! I haven't used X for a few weeks now, and I've noticed that I feel more creative in my everyday life and can accomplish more. Especially right after I cut ties with X, I experienced a surge in productivity, which confirmed that it was the right decision.

The next step for me will be to create more on Nostr in the future.

Live free!🫡💜

That's true, but there are other ways to establish contact. For some time now, I've reached the point where I only use WhatsApp as a legacy platform. However, I also use it to create beautiful notes with SnapNostr and to make Nostr appealing to my friends. 🗿

From what proportion would you discuss it so that other assets are no longer worth considering? I mean it should be clear that I don’t mean exactly 100 percent. 😅

Another point to consider is that while gold might not go to zero against the dollar, it definitely loses value compared to Bitcoin and Kaspa. One reason for this is the rapid rise of these newer forms of money, of course. Even though, this trend is likely to continue in the future.

The difference is that there is no reason to hold Bitcoin while paying in Kaspa. A store of value and a means of payment do not exclude each other if it solves the money trilemma.

So, why should someone hold Bitcoin long-term if they need to swap it with high fees, when they can hold everything in Kaspa and save on fees as well?

The reasons for the fiat standard are that gold serves primarily as a store of value, but it is not effective money across space due to issues of transportability and associated costs. Additionally, gold is not an ideal unit of account. Silver, on the other hand, was easier to divide, which is why both assets were used historically.

The gold standard was a solution for a certain period, but we all know what unfortunately happened during World War I, when more paper gold was issued than actually real gold in the banks existed. The same might happen with Bitcoin by using L2s.

The main reason for the fiat standard, however, is the political coercion behind its use, along with the lack of a better alternative in all three dimensions of the characteristics of money.