Money should be stupid simple - that way it’s more compatible with more of humanity

Crypto people have a bias rooted in the fiat economy when they argue that the future will consist of lots of cryptocurrencies. The mere term cryptocurrency implies that there are several currencies and it tells about the bias of the person using the term. In fact, the term is not even mentioned in the bitcoin whitepaper. In the fiat era, the existence of multiple currencies was rooted in the nation-state system and the trust-based monetary systems it fostered. People placed their trust in currencies tied to their culture, language, and land. As a result, numerous fiat currencies emerged, each serving the specific needs of individual nations. This multitude of currencies reflected the diverse nature of human societies and their varying levels of trust in centralized institutions. The digital economy, in contrast, operates within a decentralized and trustless framework. At its core, the internet is a binary world of zeros and ones, devoid of geographical or cultural boundaries. This decentralized nature eliminates the need for multiple currencies. In fact, a proliferation of cryptocurrencies in a decentralized economy would hinder its growth, resulting in a fragmented economic landscape. The future digital economy will not be a replica of the fiat era, with a multitude of cryptocurrencies competing for dominance. Instead, it will be built upon the decentralized and trustless principles of the digital realm. The fact that the internet emerged alone rather than as a multitude of internets provides strong support for the theory that the same will happen for digital money. Bitcoin only - there is no second best.

The 5-dollar wrench attack is similar to how bitcoin relates to advanced robotics and AI. It’s not the most technologically sophisticated action, nor the most intelligent. Yet it’s a perfectly orchestrated way of using brute force in the physical sphere to achieve a real world objective.

Are there mobile BTC/LN-wallets apps that also have built in a bitcoin and LN node capability (pruned node) within the app? If not, why? Wouldn’t this be possible with modern mobile phone hardware? And even more so in the future as hardware gets better over time?

Saying things like ”I Love the Blockchain, Just Not Bitcoin.” It’s like saying that you are fascinated by the eye technology - not the human.

There are lots of examples throughout history when ”puritan” believers were frowned upon by the establishment. They argued that the puritans should not be as toxic or as close minded as they were, often driven by the dangerous centrism bias. The established view was that ”things are complex” and that it’s ”too simplistic” to argue the way the puritans argued. One example is Hitler. Lots of politicians underestimated Hitler and his party, while thinking that the concerns raised by some about the Nazi ideology were simplistic or alarmist. The masses viewed the Nazi Party as a passing phase or a reaction to economic instability, rather than recognizing its potential for radical transformation and authoritarianism. Peculiarly in present day, we often see the beliefs of the puritan believers as given things - the once ”simplistic ideas” have become mainstream.

There is an argument to be made that the fear of an over-leveraged world economy is overrated. While it is indeed true that the global debt-to-gdp ratio is higher than ever - it doesn’t mean that it is an entirely bad thing. One could argue that debt is just another word for trust. After all - to issue debt, you have to trust your counterparty. In other words - we are at record debt levels but also record trust levels. In a way, it is a natural thing to see with the rise of the internet. There is more information available than ever before, thus we can make more well-informed decisions on important mattters. It also leads to a situation where we can afford to trust others, since we generally speaking have more knowledge available. Is it a bad thing that we have more trust among individuals and businesses than ever before?

I bet miners are happy right now

Will there likely be fractional reserve banking present in a future landscape of Lightning network centered banking?

A good book or movie is good because there are external and internal conflicts present. Conflicts make things interesting and they engage people. That's part of the success of Twitter. Nostr needs more conflicts and fights for it to be truly interesting.

Environmentalists are romantisizing nature. But the fact is that nature is brutal - so we need to be brutal back.

Why is there not a bitcoin mining based beef jerky brand already??