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YnoT
c5667479a4ed94cd3a864d6afdd99055355757c1df1aa7120505e44e1b0a3278
Learning to fail through expression.
Replying to Avatar calle

gm

Just tested out the new dune boardgame this weekend. Can recommend!

Hà Giang Loop is incredible! Also Halong Bay. Make sure you choose a trip where you go kayaking into the lagunes. Generally I'd recommend spending more time in the north due to its natural beauty.

Are there nuances to this, or would you say it's always true?

Replying to Avatar yaazer

Maybe.

Jokes aside though, I feel you. Hodls threads, stories and psychological insights fire me up as well! It's like my character and understanding grows in the tailwinds of his.

If you translate the word Bitcoin it reads:

"Magical, magical internet money buying machine."

So it's perfectly in style.

This bull run I didn't feel very elated. I still like seeing ngu but I started to question what's it all for without kids.

That dampened everything big time.

Same. I hope they get someone in there. Sadly I have the impression that many people don't even know they're still around.

Hi Leo, I don't know you but Lyn says you're cool, so you're undoubtedly cool. Good to have you here.

Is it just me or is there an explosion of the reactions to #nostr posts recently?

Can this be relay related? Or App related? I use Amethyst.

#Asknostr

Took me really long to see the "other thing" :D

Do you like to spend your bitcoin though? How does it feel? It doesn't feel good to me. Feels much better to spend fiat. Spend and replace is a possibility but seems to me like an overeager attempt at bumping Bitcoin up to medium of exchange when it isn't really there yet. Taking on additional fees in the process.

I started to listen to my gut on this, which is why I don't spend Bitcoin if I don't have to. And sometimes I have to. Because I'll be transacting with another pleb who won't take my fiat. He just doesn't value the fiat enough, compared to Bitcoin, to give up whatever he's trading against it. Or I'll spend time at Bitcoin events where nobody will take your fiat, because they all get it.

And this is where I believe the phases will transition very naturally. Because for someone to accept Bitcoin as MoE he'll have to value it first. The more people value bitcoin the more will want nothing else for their goods and services.

Unit of account is another issue. To reach that we'll need a much higher degree of price-stability. And I'd argue that anyone who claims he's already using Bitcoin as Unit of account is lying or delusional.

#bitcoinstickerday auf der Zugspitze!

Fiat systems incentivise banks to take risks for big profits while being aware that they will always be saved and won't pay for their failure like in 2008/09.

Being born into a fiat system therefore means you're forced to play a game with high risk/negative reward. Risk and negative reward forever increase the further the system is on its inevitable way to collapse.

Hence #HardMoney like #Bitcoin is necessary.