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mark tyler
9baed03137d214b3e833059a93eb71cf4e5c6b3225ff7cd1057595f606088434
Bitcoin & 🫂 Oh and dimly trying to think through interesting issues. I think that I don’t have a right to force you to do anything other than not harm me or others. Seems like most people I interact with in the real world disagree with this statement. To be fair.. the devil is in definition of “harm”.

When I look at your profile, I can see that you’re following 1 new person, which means you’ve succeeded at adding one person!

Maybe the issue is that you’re pressing it twice when you should be once?

I’m on an older version of Damus (to preserve zaps) but I don’t see “unfollowing”. Just follow unfollow.

“Ethereum's creator Vitalik Buterin are among its early adopters.” 😂

https://en.m.wikipedia.org/wiki/Nostr

Let’s figure out one at a time. You have a follow button, right? What happens when you press it? Does it change to something else? If it does, what tells you you aren’t following the person?

This pic seems a little sus… seems like the scales aren’t the same.

But the picture aside, yes for sure. Turkeys too

Savage 😂

If individual reparations are to be paid to black Americans, should we increase the sum by the portion of the population they represent to account for the fact that if the government is paying them and if they are taxpayers then they are helping pay for their own reparations? How would the funding work?

How do the objective functions of capitalisms, communism, life, and AI compare? 🤔

The specifics would rely on the details of the environment. But I’d say generally: non-kyc buying/selling of bitcoin.

Replying to Avatar hh

One of the important reasons why I think BTC's main value proposition is as a store of value and not as a payment system is that it's simply not needed for that.

I get it -- migrants sending money through Western Union paying fees through their asses. But BTC is not required to fix that.

I use Wise and can transfer instantly between actual bank accounts in different currencies at insignificant cost. I get paid by my US clients by ACH. Instant and free. I switch to my local currency for virtually nothing and transfer to my own Wise and non-Wise accounts for free.

Most important, the transaction costs are fixed and knowable. They don't change depending on whether some prick is minting PepeCumInADogsAss memecoin tokens or China banning BTC mining again.

If the transfer is to another Wise user all I need is their email address and it's also instant.

I have transferred to accounts using ACH, SEPA, whatever it is called in Singapore, Japan, Indonesia, Korea, Chile... and it's instant.

And traditional banks have caught up too. Instant and FREE transfers within the same bank have been a thing for many years now.

Now they're a thing between different banks too, at least where I am. I just paid a bill by instant SEPA to another bank. Instant and free -- under the "legal threshold" of €900 at least.

My point being, Bitcoin does NOT fix this particular thing, because that's just not what it does well.

What it does well is preserving the purchase power of my Argentinian family in a hyperinflationary context, and allowing me to move from country to country carrying (or really, not carrying) all my net worth with me without any predatory State thug being able to shake me down.

Bitcoin also helps do all those things in a adversarial environment

Argentinan peso dropped in the last 24hr by 20% amid some political uncertainty around its future as a pro-bitcoin candidate wins the primary… not sure if this is good or bad for bitcoin in the short term 🤔

Thoughts?