Bitcoin game theory in action
Agreed, I believe most of the problems we’re seeing right now stem from this
The US dollar is both proof of work and proof of stake.
It's proof of work for you, because for it you have to exchange your real energy, time, and the sweat of your brow.
It's proof of stake for the government/Fed, because they control the means of producing more tokens.
Idiots will call this a debate:
Bitcoiners: we have found the best way to optimize future-proof money through thermodynamics and math
ETH heads: we found a quicker way to send monkey JPEGS
#Bitcoin #eth
I’m a huge proponent of “go where you’re treated best”
I don’t think we’ve given calling ourselves “Nostrils” a fair shake👃
“Hast Thou Today Stacked?”
-Chaucer, probably
#bitcoin #plebchain
Thinks “Powell” is a type of deodorant
Doesn’t wear deodorant
Reuters: “[Bitcoin] has, for now, severed its ties with stocks and bonds and tagged on to a rally in gold, fulfilling at least one part of creator Satoshi Nakamoto’s dream - that bitcoin can serve as a refuge for suffering investors.”
(Reuters) - As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven.
The infamously volatile cryptocurrency seems positively hale and hearty, just as a banking meltdown drives markets into the arms of a recession.
Orange-pilling tip (pun intended),
ask your servers, baristas, masseuses, carrier pigeons, etc. if they take tips in Bitcoin.
They’ll likely say no, but be intrigued.
Have them download Muun and immediately send them a few thousand sats.
Best way to understand a technology is to use it.
Nostr is literally Bitcoin Twitter
Alan Watts was a rare gift
“as someone who has marveled at the graphs of "WTF happened in 1971" many times — it is hard to point to anything other than the emergency of fiat money as the main underlying reason for the chaos we are living through.”
#[0] amazing article. TY
(Honest question) what do you see as the biggest gaps needed in the stack?
Or is it just more usership of the current networks of payment, self custody, etc.
Loving Nostr
As someone who didn’t get to Bitcoin until 2020, it’s so cool joining a movement in its early days
People who unironically say “what about quantum?” When banks are going under