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Chad Lupkes
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Wealth based systems are the future. #Bitcoin is the foundation for wealth based financial capital. Critical thinking is required. Bitcoin class of 2017.

Balancing lost keys with new coin over time might work pretty well. But that's not the choice that was made when Bitcoin was finalized. It will take until around 2040 before the transaction fees regularly exceed the block rewards, and we'll still have a hundred years for the miners to get 100% of their earnings from the fees. I think looking long term there won't be any danger to stability.

Don't get me wrong, I'm not dumping on Monero or the people using it. I'm just choosing not to.

“You never change things by fighting the existing reality.

To change something, build a new model that makes the existing model obsolete.” ― R. Buckminster Fuller

That's the 21 million bitcoin question. What kind of corporate structure would work in an open source society, where profits are welcomed, but not to the exclusion of human rights or human needs?

Just to put it into our minds, BTC ATH was $75,830 on March 14, 2024.

If this becomes a default feature, I'll join my wife and move to Ubuntu.

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No argument there. But what matters is that people are able to use it however they can to meet their financial needs so they can participate in the global economy. An ETF is not a stock, even though a stock might be a component of an ETF. It's all multiple layers of complexity, but as long as we see the growth in our portfolio and get what we need out of it, that's fine.

It's not going to be reality that everyone deals with Bitcoin on chain and self-custody. It just won't happen.

I doubt that they stole the power, the government probably just wanted to get some publicity for protecting the grid without doing any actual thinking...

Well, I can see that if the people who put the farm together didn't think to pull the power from renewable sources. There is a smart way to do that, and a stupid way of doing it.

We need to not impact people's lives in a negative way.