Typically. But all rules are made up anyway, so I guess this is a new way of having legal tender. More importantly there's no capital gains taxes when spending.
El Salvador to scale back bitcoin dreams to seal $1.3bn IMF deal
Politicians always disappoint, here it is.
https://www.ft.com/content/847cdb57-2d56-4259-ab8e-f95032efa259
Nothing has changed. Bitcoin was de jure required to be accepted by businesses, but it was de facto voluntary to do as no punishments for non compliance have been issued (as far as I know anyway)
This move simply adjusts the law so it's voluntary for businesses both de jure and de facto. No reason to get upset by this, they're still a Bitcoin country and Bitcoin is still their legal tender.
My friend, buying and holding Bitcoin (even if it doesn't get moved ever again) does benefit billions of people around the world and impact countless generations positively. Why? Because reducing the supply means the active supply is smaller and rises in value faster than if the active supply is bigger. Meaning that EVERYONE'S savings grow more! Do not worry, this is good.
A billion dollars? Why are you applying today's value to yesterday's value transfers? Bitcoin is going to one day be worth more than $1,000,000,000 each in maybe like 100 years if the dollar even exists at that point. Are you going to say then "Imagine spending $10,000,000,000,000 on 2 pizzas when merrier could've just hodled lol" when the guy is long dead? These posts are so dumb. This was the FIRST ever Bitcoin transaction. Nobody had ever accepted Bitcoin for anything prior to this, they were worthless. It was a milestone that Bitcoin needed to cross in order to gain any sort of legitimacy.
People looking back at zaps worth $1 today. "Imagine zapping 1000 Sats worth $10,000 for someone's cat picks! lol!" 🙄
When y'all understand that simply reducing active supply increases the value of everyone's holdings on the margins, then technically just indefinitely holding is indirectly "donating" value to every other holder. He doesn't need to donate to you directly to help you, he just needs to buy and hold like everyone else.
Doesn't matter. Bitcoin works because it's for enemies as well as allies. Bitcoin is for everyone.
The puppies have arrived. 🥰 Pictures soon. There's 7 healthy pups!!!
nostr:note1ls24ty6wkaxf6dqqmuvp0c5cz3vlsnu5xu5ph8yd403grxp5n4qq88xs39
*by being an example and exhibiting a calm and gentle confidence that you figured things out. That you can also help them find when they're ready, if they simply ask you for help.
Let them come to you. You can lead a horse to water but you can't make it drink. You have to lead by example. Show those you care about that there's nothing to fear from the path you're taking, by being exhibiting a calm and gentle confidence that you can help then find if they desire to simply ask you for help.
Her rise to fame was swift, as will ultimately be her falling into obscurity. I wouldn't want her life, she has lots of money but no real personal freedom due to her total lack of privacy. Being famous is both very hard and very lonely, I assume those who achieve excessive fame very fast feel like there's nobody who truly understands them. It's not something I envy anymore the older I get.
Any closed system is a dead system. Only systems that encourage energy generation instead of destruction will survive long term.
Proof of stake is a closed system, it's only source of energy input and output is what people directly transfer from other systems of energy. Thus, it's a zero sum game that is doomed to fail when people realize the only gains to be made are at the expense of other people.
Proof of work however is an open system that transfers energy in and out through not only energy transfer from other systems, like proof of stake, but from the open system of our world of abundant energy.
Bitcoin is absorbing the current energy of society, while also creating new value by absorbing the excess energy we generate from the earth itself.
Indeed. The truth is self evident, and it cannot be stopped from spreading.
Ultimately, people have to learn what proof of work means. They have to do the work to understand, which includes losing time and money until they do. Once they put in the work themselves to truly understand though, is the moment they shift from chasing quick profits to patiently waiting for slow wealth accumulation to occur over time.
Thank you for sharing. This is exactly what we are trying to change. Peacefully. The government of the people, by the people, and for the people has been corrupted and turned into the government of the money printer, by the money printer, and for the money printer. The root of all evil is the ability to print money without cost. Which ironically has the greatest cost of all.
Any day their account can be banned or censored. Even if I could earn more money now, if the algorithm favored me enough, I would rather spend my time helping build Nostr. With the benefit of actually controlling and owning my own content.
The inability of humans to empathize with each other based on small differences between us.
Damn, sorry to hear your suffering. Get better soon!