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trevor.zed
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Crypto today is only just starting to solve all the problems that bitcoin first articulated years ago. Bitcoin is the standard, who is building on it?

Be your own bank, control your data, have some awareness.

A little autonomy will go a long way.

Since when does anyone really give a fuck about the price in fiat?

Fuck crypto reserves why isn't there any talk of hashrate?

This a feature or a bug?

I can't find the words to describe what it takes for anons to put in the time, then share valuable work as open sourced.

It's grossly underappreciated, and outside of coding, it's unheard of.

But beauty is in the eye when you hold her, so if you don't see it, good luck to you.

Nostr is the Church of Bitcoin. And as a bitcoin unbeliever, I'd like to probe the understandings and beliefs of those who are really into bitcoin.

These false dichotomy questions are meant to spur discussion, of course I don't think anyone can simply choose one over the other, but I wonder what people are thinking.

Which of the following is true:

1. If government went away, the people would be free of the oppression of taxes, all interactions would be voluntary, and anarcho-capitalism can finally bring in a utopia.

2. if government went away, the infrastructure would erode (roads, the internet, power distribution, sewage, etc) and people would be living in fear of violent gangs that would have bloody and terrible battles for power.

Which of the following is true:

1. Bitcoin will grow to the point of being the world currency, at which point government won't have any reliable way to collect taxes and government will shrink away.

2. Bitcoin won't get much larger than it already is today because if it gets much bigger governments will shut it down, seeing it as an existential threat.

I could ask more but I think you get the point.

My belief is that small governments are good and necessary things, and governments will not allow themselves to lose revenue in any significant amount, so bitcoin can't grow much larger unless it embraces KYC (which the Church of Bitcoin clearly doesn't). And therefore IMHO there is no bitcoin endgame other than where we currently are. I believe we are living in an abnormal period of laxity.

I"m about to run off and I won't see the replies to this for hours, so don't expect me to participate in the discussion right away.

BTW: I am libertarian, I believe in free markets, I like power in the hands of the people, I hate the fact that governments are necessary, and I love free speech. But also I think I'm pragmatic and realistic.

The endgame is bigger than bitcoin, hard money is only one box on the list.

Without unstoppable communication and compute the world online will continue to be a gated landscape.

What's the progress on reusable proof of work V2.0? RPOW token with a different security model or maybe just the name but there's gotta be something we can do with all that hashrate.

These guys manipulating the inflation data by tweaking the relative weight in the CPI calc is really just diabolical.

I thought math was my friend.

gm to everyone building out sovereign money for billions.