I realized I said “great deal” twice… please don’t let it distract from the substance of my note.

Thanks for your replies. I think your first sentence is the key answer to what I was wondering, and the realization I'm coming to reading all these replies. A lot of the hyping up and meming really does a huge disservice to the people who have a need to learn and understand the practical implications of things.

I will absolutely be the first one to admit I still have a ton of ignorance about how markets work. I only finally sat down about 2 months ago and began to properly study and try to understand Bitcoin, and economics for that matter. Like I said in my other reply to you, I think that the majority of discourse in the community has led me astray because it completely lacks practical substance.

Of course I get it that it's fun to hype and meme and shit. But I still couldn't help but feel confused and find a situation I really can't understand when I tried to think about things long term. Everyone just talks about the near term. Price fluctuations, the adoption beginning to ramp up, all the changes starting to happen this year. But the key things I was curious about, I could never find an answer for.

I think the majority of people despise the current system just as I do, but they do to such a degree that they aren't even willing to admit that what comes next must grow from it and be directly linked to in a way we can't avoid. It's not necessarily a bad thing, I think, it's just how things will happen.

I think you are misguided in assuming all other things will be measured against BTC. That's purely impossible and completely discounts all of history. We aren't primitive people who just started bartering and realized we needed a currency. We are transitioning gradually from an extremely complex, corrupt, mismanaged system with hundreds upon hundreds of years of precedent.

So as some of the other people replying have already helped me realize: we will be using our current system as a jumping off point for valuation of BTC as we transition toward a different future.

Even if we don't need a grand plan, do you just refuse to even think about it? All I'm trying to do is think about what the future may hold, and I noticed that there's an overabundance of memes and stupid quotes and a lack of any kind of questions like this. I get it that it ruffles peoples feathers, but maybe that's an indicator that it should be discussed more.

How do you extract some useful information from 1BTC=1BTC when you need to pay rent, or an electrical bill, or buy food, or get paid for some form of future job?

It's different because of the core narrative of 1BTC=1BTC and "don't value your BTC in fiat". All I'm trying to do is think about what that can actually seriously mean from a logical perspective.

At some point if the current system dies, a new system must replace it, and 1BTC=1BTC is completely meaningless.

I think that this applies more to a scenario where a currency is first being created. But we won't be in that scenario, we'll be shifting out of a deeply corrupt and mismanaged centralized system of fiat to something new. The new system will not be completely unaffected by this transition.

The economy, health and education should not be left in the hands of a third party.

This gentleman has at least left the health and the economy in the hands of a third party.

I like GrapheneOS. My main issue is finding a decent keyboard. I've tried several, but they all seem to struggle... Perhaps it's just me.

#deepthoughts

I don't think so. Block's position is based on the idea that if the child can survive outside of the womb then it should be illegal to abort it. Which means that eventually we would ban abortion ball together because sooner or later babies will be able to survive outside the womb at any age

To my knowledge Rothbard was against punitive measures against mothers who abort even in late stages. Based on the idea that no person is required to care for another.

Also I don't like using the term eviction because it makes me think of evictionism(Walter Block's compromising take on abortion)

I think it would be more like you left the door open to your boat and someone showed up. But overall I think we can mostly agree on this one.

I think this is also a good time to bring this up. It's possible for Nunchuk and Coinkite to have malicious actors in their supply chain. They could collaborate and compromise someone's Tapsigner.