I can’t stop stacking. I have a very low cost of living, am frugal and keep spending all my fiat on sats. I already achieved my stack goal, but can’t stop adding more.
Any advice?
Hello plebs!
How much you stacked so far this month?
Lol
Thanks fam!
Can you please explain this Moscow time please? I don’t understand it.
Milton Friedman, a renowned economist and Nobel laureate, was one of the early proponents of Bitcoin. In his 1999 book "The Optimum Quantity of Money," Friedman discussed the concept of electronic cash and its potential benefits. While he did not specifically mention Bitcoin, many of his arguments in favor of electronic cash can be applied to the decentralized digital currency.
Friedman argued that the use of electronic cash could lead to a reduction in transaction costs and improve the efficiency of the payment system. He believed that traditional payment methods, such as paper currency and checks, were slow, expensive, and cumbersome. Electronic cash, on the other hand, could be transferred instantly and at a lower cost, making it a more efficient means of payment.
Furthermore, Friedman saw the potential for electronic cash to increase privacy and reduce the need for government regulation. He argued that electronic cash could be used anonymously, without the need for a third-party intermediary such as a bank. This could lead to greater privacy for individuals and reduce the risk of government surveillance.
Additionally, Friedman saw electronic cash as a potential tool for fighting inflation. He argued that by using electronic cash, the money supply could be controlled more effectively, reducing the risk of inflation. This is because electronic cash could be designed to be deflationary, meaning that the supply would be limited, leading to an increase in value over time.
While Friedman's arguments in favor of electronic cash are compelling, it is important to note that Bitcoin is not without its flaws. The currency has been subject to extreme volatility, and its use in illegal activities has raised concerns about its regulation. However, many of Friedman's arguments in favor of electronic cash remain relevant today and have contributed to the growing popularity of Bitcoin and other cryptocurrencies.
Milton Friedman, the Nobel Prize-winning economist, once famously said, "I think that the internet is going to be one of the major forces for reducing the role of government. The one thing that's missing, but that will soon be developed, is a reliable e-cash, a method whereby on the internet you can transfer funds from A to B without A knowing B or B knowing A." It's no surprise, then, that Friedman's son, Morgan, is a strong proponent of Bitcoin.
In Morgan Friedman's view, Bitcoin is a revolutionary technology that has the potential to change the way we think about money and finance. He argues that Bitcoin is a decentralized, peer-to-peer digital currency that operates independently of any government or financial institution. This means that it is not subject to the same inflationary pressures or government manipulation that traditional currencies are.
One of the key features of Bitcoin, according to Friedman, is its limited supply. There will only ever be 21 million Bitcoins in existence, which makes it a scarce asset. This scarcity is what gives Bitcoin its value, and why it is often referred to as "digital gold."
Friedman also points out that Bitcoin transactions are fast, secure, and transparent. Transactions are processed within minutes, and the blockchain technology that underpins Bitcoin ensures that transactions are tamper-proof and immutable. This means that Bitcoin is an ideal medium of exchange for online purchases and international transfers.
Moreover, Bitcoin is accessible to anyone with an internet connection, which makes it an inclusive technology. Anyone, regardless of their location or socioeconomic status, can use Bitcoin to transact and store value.
Friedman acknowledges that Bitcoin is not without its challenges. The volatility of Bitcoin's price can make it a risky investment, and the lack of regulatory oversight can make it vulnerable to fraud and manipulation. However, he argues that these challenges are not unique to Bitcoin, and that they can be addressed through education, innovation, and regulation.
In conclusion, Morgan Friedman believes that Bitcoin is a transformative technology that has the potential to disrupt the traditional financial system. Its decentralized, peer-to-peer nature, limited supply, and fast, secure, and transparent transactions make it an attractive alternative to traditional currencies. While there are certainly challenges to be overcome, Friedman is confident that Bitcoin will continue to grow in popularity and influence in the years to come.
Hey! Thank you so much for the tip. i change the capitalisation and it started to work after editing the profile in Damus.
I worked full stack with Angular and C# for a while, then embedded C. I am this point that I can’t decide where to move with my career. I can’t even decide what language, jumping from one to another.
I just want to pick a stack and stick with it for a few years until I can build a web app on my own.
Thank you! It works! Haha, so cool!
The LN address should be fine now.
Hello Nostr!
This is my first post. I randomly zapped someone 21 sats. Want to test an incoming zap. Can someone zap me 1 sat please?