It's available on youtube.

I'm not the author but the original disappeared.

https://www.youtube.com/watch?v=p5vdXiXlW_w

Hyperbitcoinization Starts Now XD

https://void.cat/d/MyC9LpKHNHQy8ftYeTQ4mi.mp4

Interesting

I actually seek discussions where I disagree with the other side.

Heck, one of my good friends is still a monetarist after hours of discussion with me...

Very often I'm trying to discuss my ideas with people that have significantly different or opposed views.

Nice!

Dude, it already is great because you can communicate with people, develop ideas and businesses and finance them all at the same place, without government involvement.

Our monetary system is also the main cause of pollution and Earth destruction.

A currency that constantly expands requires infinite economic growth which is achieved through overproduction and overconsumption.

We make shit, we eat shit, we throw away shit.

Here is a message from Andreas Antonopoulos:

https://youtu.be/A6Kw0qx6WkM?si=6ZWV-20j9jXHB27I

Awesome

Lol

Well, since the D.C. Circuit Court of Appeals has ruled in favor of Grayscale, in a lawsuit against the U.S. Securities and Exchange Commission (SEC) on the matter of a bitcoin ETF, and SEC doesn't really have ground to appeal, there isn't much choice for the bankster gangsters...

Looks like we will have #Hyperbitcoinization after all.

https://bitcoinmagazine.com/markets/sec-will-not-appeal-grayscales-court-win-over-spot-bitcoin-etf-conversion

Haha dude

Are you the artist behind this?

That roughly represents what Bitcoin did to banks and governments XD

Difficulty always adjusts to the total computing power of the network.

Right now there are no concrete Nostr relay incentives except its simplicity and volonteers.

In my opinion, we don't need incentives yet, just like first Bitcoin miners didn't need any incentives.

As the system grows and develops, people will find incentives.

I recommend this to find out a little bit more about the inner workings of Nostr: https://news.ycombinator.com/item?id=34656925https://news.ycombinator.com/item?id=34656925

Can you elaboeate on how this money would be used by people?

Would there be a system that takes care of distribution?

Yes.

But the effect is relative. BTC halving only affects new supply but there is also BTC in circulation.

The total supply will not reduce by 50%, it will reduce by whatever the 50% of new daily supply was in total BTC traded that day.

Bitcoin is in high correlation with liquidity, however, I believe that the absolute price increases are over 90% influenced by halving.

The reason why global liquidity has a low causal relationship to the total increase, but does correlate strongly to BTC price is because of how small fraction of total supply is chasing Bitcoin.

We can have brutal deflation and still if just 0.1% of the system wants to go to BTC, the price will brutally increase and vice versa.

We are looking at two systems that interact with each other but have vastly different amounts of liquidity, oders of magnitude differences.

That is why common analytical tools offer very little predictive capabilities.

Meanwhile something like housing market which is paired to the credit system almost 1:1 is very very easy to predict.

And it is easy to predict because the system is so big that the predictions cannot be priced in as soon as information is here. Even if we all knew what was going to happen with credit, bonds, housing market etc. in 1 year, it would be impossible for us to price it in immediately because of how much time is needed to produce these moves in real world.

That is why credit/housing system is inefficient and Bitcoin is very efficient. One can be predicted and you have months to act and the other cannot.

Housing can go parabolic long term but it can never ever go up 10x within a year unless the system breaks down completely.

I'm confused, but I'm using Plebstr on android and it looks like this: https://nostrcheck.me/media/public/nostrcheck.me_4739286272705469011697328169.webp

It seems to be working XD