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Hungry Peafowl 1y ago

nostr:nevent1qqsthfkp4dhc2sv54uh2ravsed9r8wucdylnrlmfazm8x3kkq7f8kzsegf4sx

Salve.

Hungry Peafowl 2y ago

"Lend as they fight"

Hungry Peafowl 2y ago

GM

Today, I am grateful that I wasn't bombed or physically harassed. I should be grateful for that. And I should have empathy for those who are attacked, injured, or sick.

My family is safe, and I am safe. But is this really the best I can do?

Replying to

island

Influencers. 😬

https://cdn.nostr.build/p/25A5.mp4

Hungry Peafowl 2y ago

Ice Cream So Good Gang Gang

Replying to

Lyn Alden

A steelman argument is the opposite of a strawman argument. It's where you imagine the best possible argument from your opposing side (sometimes even better than they themselves can articulate it), and address that. In other words, you treat your critics like absolutely serious people and try to address any concerns they may have with regards to your outlook.

If someone were to argue that, "yeah bitcoin is cool, but ultimately when push comes to shove the major governments are going to outlaw it, drive it into the black market as a small asset, and issue a replacement that they back as legal tender", what would your steelman argument be?

Similarly, if someone were to argue, "Look how fast they are advancing on superconductors. Quantum computing may come sooner than we think, and threaten Bitcoin's security. That's why I don't buy bitcoins", what would your steelman argument be?

Hungry Peafowl 2y ago

This is how bitcoin dies:

* They support savers by maintaining a real interest rate

* Women in Afghanistan are allowed to open bank accounts, so they no longer need bitcoin

* CBDC becomes a bearer asset that allows confidential transactions

* Responsible fiscal policy via reduction in military spending

* ...

They never ban bitcoin, instead they give you less reasons to use it. It also becomes less volatile and "trendy". Institutions can get bitcoin exposure to paper bitcoin. The paper bitcoin is backed one to one and there is never any rehypothecation on it. This disincentivizes self-custody and self-verification further.

This is my steelman. It is possible, but very unlikely.