From @No Bullshit Bitcoin :
European Central Bank Director General Ulrich Bindseil and Advisor JΓΌrgen Schaaf published a new paper titled "The distributional consequences of Bitcoin." It claims that a prolonged increase in Bitcoin prices would lead to wealth effects favoring early holders at the expense of non-holders and latecomers.
People are shocked that billionaire influencers donβt have the same opinions they have about trust in the government.
They have different opinions because they have different incentives.
You can still tell itβs fake, especially with the subject matter π, but itβs getting better fast. How long before your average person just reposts things like this as truth? View quoted note β
For those of you making predictions for USD price of #bitcoin , especially if you are counting on a certain price at a certain time to achieve a goal, or to have financial security, always rememberβ¦.
I did not know about this. It really does highlight how protocols are better than foundations. RSS for Podcasts has enabled widespread distribution without a centralized gatekeeper. Nostr offers many additional capabilities for distribution of information. Builders should not have to worry about a centralized person or organization seizing control of the framework they have built a business on top of. View quoted note β