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The Fockin’ Fury
a76dc09a8c2437c08d918d0896c6a10cc22a5ea74339a0925175dadce1c9508f
Web2 product guy since 2011. Bitcoin holder since 2017. Node runner since 2020. Recovering NFT degenerate since 2022. Relayer since 2023.

100k fighters or people who are just tryna harvest our orchards and fields or deliver our takeout orders or mop our bathrooms but same difference I guess. Every single one of these Hamas fighters is literally there to kill as many Israelis as possible.

I am not deep enough into the bitcoin space, not because I can't, but because I don't want to. Yet, let me attempt to counter this argument - I wanna try, at least.

The way Bitcoin is constructed is that through regular having and thus an indirect "de-value-ing", even big holders will, at least for a moment, lose some of their value, making the aquisition for other people easier once again. The introduction of Layer 2 protocols, such as Lightning, has proven that this theorem isn't entirely working, but not incorrect either. Through the consecutive accumulation of Bitcoin, even by a poor person, through different means - like, Zaps - it is in fact possible for a "poor" person to rack up their own wealth. Definitively slower than a whale, that's for sure.

The other aspect I would be looking at is the overal "spread". They own all of this share now, but considering that Bitcoin's total amount is fixed, this current "split" is bound to change in some form of capacity. It will always and often represent exactly the same that fiat does: Those who can, will have the most and biggest share of the pie. Why wouldn't it be different in Bitcoin? It was never any different- it has been fundamental even when in correlation to land and country ownership hundres of years ago. That said, even back then, there was still a thriving community about what was essentially "left over". And whilst the whales will keep accumulating their wealth and thus thickening their wallet, there is no denying that the remainder will still be used by other people, and new and inventive ways will be found to do so.

To me, the fixed amount and pre-established halving are two of the key aspects why Bitcoin isn't already totally ruined by whales, and will likely never be, for a long time. Once the whole amount is mined, however, we will see how the community and market responds. Because something will have to happen.

Worth noting that halving isn’t a “split” or devaluing of the currency. Rather it’s cycle by which the rewards paid out to miners is halved every 210K blocks (4ish years). The idea is that miners depend more and more on fees for revenue rather than a programmed handout from the protocol itself.

Making a hot sauce tonight, keeping things outside so I don’t turn my kitchen into a chemical weapons factory #pepperstr

Hamas handing Bibi just the excuse he was looking for to completely level the Gaza Strip.

Amazon wants my palm print for speedier checkout at Whole Foods now. That’d save, what, 2 seconds over scanning my Prime QR code and tapping Apple Pay? Why the fuck would I give up my biometric data for that?

gm nostr:note16fmng3gufqwx9xhcevw42rzkv3g6cxsdadchw393m4y2enkgh97qay7ncg

Learn to microcode nostr:note1k9pgc50v8acq22ln98vwmxawcg9ehzrfg6zn9echztgulgdh6znseke3v8

Mine is showing up fine 🤷‍♂️ yours is not though fwiw

See also https://www.zapplepay.com/ if you don’t want to use that Damus script

I’m on Damus too! If you use the TestFlight version you can use this script to bring back the zap feature https://nostrscript.suhailsaqan.com/