During the transition, countries that print their currencies can crowd out the private sector from mining, generating enough bitcoin to sustain operations moving forward, no? We know a true free market never exists alongside state actors that can manipulate said free market via currency, regulation, tariffs etc. Governments inevitably become the primary miners because they’re not subject to free-market forces due to the ability of being able to first print currency to maintain an advantage, and leverage the violence monopoly to ensure it regardless of economic forces.
I just don’t see how nation states (who have unfettered access to an amount of nuclear power that no private entity could ever compete with) aren’t entrenched as the largest mining entities forever (if they choose to be)
They still gotta learn about the left wing extremism portion of the spectrum. They’ll figure it out when they’re starving
When the state needs to seize the corn, Microstrategy will be the first door they knock on lol.
If tether is able to offer a yield on dollar stable coins…. Where will banks get their deposits?
Regulation that keeps them from doing so here just makes yield-bearing products overseas more competitive
Bitcoin is wealth distribution if you think about it. From the unproductive to the productive. From the complacent to the lifelong learners. From the timid to the bold.
One thing is for certain, a conservative government in Canada makes it harder for the United States to call the shots. Which is why Donald Trump has been provoking Canadian conservatives the way he has been. Fight the deep state for me but not for thee
Financially your country’s prospect are dependent on America, which is why Trump has been doing the whole 51st state stuff which has rallied your liberals around a central bank plant.
The best outcome for America is the one which continues to sell-out the Canadian population in favor of the western-economic Bloc’s desires. This is why your conservative candidate won’t win. The Western Economic Bloc would prefer you guys to be slaves to American Dollar Hegemony.
Douglas Murray outed himself as a complete clown in this interview. His PR people never should have let him make a fool of himself like that.
Glad to hear it. Hopefully you can provably resolve this issue, I’d love to try your product if so.
The biggest problem with Bitkey for me is that Block knows exactly how many sats I store with there device. It makes it where your servers are a honey pot for criminals looking to wrench attack people.
Correct me if I’m wrong.
There’s a lot of algorithms to tinker with. In the short term, the one that has the most network effects won’t be open for tinkering.
They can’t become the 51st state without first enduring enough pain to surrender independence 🤷♂️
The banking cartel demands their participation in the western economic Bloc
Spoiler alert: It’s the migrant men who grew up in oppressive and war-torn countries 😱
Your body makes cholesterol to repair endothelial damage in your vasculature. It’s not the cause of the problem, it’s the response. This is like getting rid of the firemen because there’s fires.
It means you gotta have a lot of faith to make the credit risk make sense lmao
I agree and hope so. They got so much damn resources to prolong their irrationality.
Strength in the midst of adversity will be required. We got it tho
Forgive them, for they not know what they do. We are more than our “self”
Love what’s behind the ego. I’m proud of you my guy
“Male or female”
What are those?
Lol jk