Why do you run your own relay?
Feels like total abundance of goods is declining. It’s not the 21 million I’m worried about, it’s the everything part.
Once bitcoin fully monetizes it won’t be an investment at all. Bitcoin is a savings technology. Investments should have growth or cash flow build in.
Can you build something that a person in a developing country would value enough to allocate capital towards?
If fiat was a cop then crypto would be robocop
Does bitcoin as money provide stronger incentives for better capital allocation or better capital formation?
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.