pookiebear's avatar
pookiebear
npub19478...903x
Just a guy pondering what the truth is while remaining optimistic 😇 CO_921609
pookiebear's avatar
pookiebear 2 months ago
Modern Social Media is isolating and anxiety-inducing. Happy to see so much hope and light in nostr.
pookiebear's avatar
pookiebear 2 months ago
We're at a pivotal point, for both Monero and Bitcoin: Who has the most power, between their respective blockchain protectors and attackers?
pookiebear's avatar
pookiebear 2 months ago
Yes, monero is inflationary. But a deflationary currency could be a bad currency aswell! My point is that what really matters is the control and consensus over the inflation/deflation: -Tail emissions are fixed, and provide a stable incentive for miners (who are really needed right now by the way) -Halving cycles drove most of bitcoin's value throughout the years -Yet if a currency was hyperdeflationary (supply caps too quickly), there would be no incentive to mine. -Of course a hyperinflationary currency would be worthless in no time aswell What motivated Satoshi Nakamoto to create bitcoin in the first place was seeing how feds could print dollars out of nowhere, without consensus, and repeatedly breaking their own 'fixed inflation' promises. Both in Monero and Bitcoin, the printing cycle was agreed upon before mining. Arguing Monero is worthless because of inflation is missing the point.
pookiebear's avatar
pookiebear 2 months ago
what's the best way to be heared? shout. what's the best way to be listened to? listen.
pookiebear's avatar
pookiebear 2 months ago
oooOoOooo CBDCs are bad!!1!1! But look at stablecoins! They are so cool!!1!!1! 1 stablecoin = 1 dollar 🤡 volatility of the dollar?! what are you talking about 🤡? they are centralized by their issuer, no risk of evil hackers 🤡🤡 government require a tight regulatory system and can freeze, delete, view and monitor funds so that it is perfectly safe!!!1!11! 🤡 KYC, what even is that? idk i use binance to buy my favorite stablecbdcoin everyday 🤡🤡 Plus everything stays on a private blockchain hackers can't highjack, or mine on, eveything is secure 🤡🤡 wake tf up 🤦🏻🤦🏻🤦🏻
pookiebear's avatar
pookiebear 2 months ago
yes i'm a maximalist. A freedom maximalist.
pookiebear's avatar
pookiebear 2 months ago
Monero and Bitcoin guys should work together. The fight is not between us, it is against privacy-invading, anti-freedom governments. Plebs together strong 🦍