Does bitcoin as money provide stronger incentives for better capital allocation or better capital formation?
RootHodl
roothodl@nostrplebs.com
npub1w2qx...d04k
Printer | Banana Bread Super Fan | Soil Builder
Is it be more effective to refer to shitcoins as fiat or to refer to fiat as a shitcoin?
Proposed new meaning of the word fiat: to describe the degree to which any item or action is not efficiently utilizing productive resources.
Would you rather have a mempool, a mining pool or a swimming pool?
Bitcoin incentivizes value oriented productivity. But “bitcoin fixes this” sounds better
Empty block just mined
Imagine how much destruction would be involved in a transfer of power to the level nostr transfers power of expression and information if it was done through some traditional type of revolution.
Everything on Twitter seems so much more fiat after being on nostr for a while.
Normalize saying purchasing power instead of money. Until the money is fixed
Imagine if store of value was considered by people as frequently as medium of exchange was on a daily basis.
NOSTR has a serious Gaults Gulch vibe.
Is it just me or are people pushing nuclear war just so they call launder money in Ukraine while simultaneously pushing a CBDS on us to help protect us from money laundering?
Bitcoin has been a part of our economy longer than credit or gold or any other financial instruments. Humans have acted with the assumption of the existence of proof of work tied scarcity since caveman days. Bitcoin is just the final step to directly interface with the natural law of perfect scarcity.