Many great thinkers have wondered if Bitcoin (or a perfected form of money) is The Great Filter and solution to the Fermi paradox.
Without honest weights and measures, civilization is doomed.
Few understand this.
When someone asks how much bitcoin you have it’s ok to say over 100,000. Once you move past the satoshi baloney, and start working with 1 bitcoin=0.00000001, you get a base unit people can understand (and everyone on here will have millions of bitcoin, congratulations🎊)
Not a fan of caves but I like the idea of building a cave node. #lightning
(my uncle is warning me of impending electrical disaster, so we may need cave nodes)
(kudos if u r already running a bunker node)
One bitcoin equaling 100,000,000 “satoshis” is horrible OG marketing.
What is better? One bitcoin equaling 0.00000001.
Before long, the average American’s entire net worth will be around 25,000 bitcoin, or 0.00025000. Even if they 1000x their net worth, they’ll still be 75,000,000 short of what OGs call a “bitcoin.” That feeling of missing out on a full coin is proving too hard of a mental hurdle for most to overcome.
This is a big reason why I respect Cash App, Square, and @jack. They were just like “GM. It’s bitcoin only from now on. Sats no longer exist.” 🫡
I self insure by buying bitcoin.
$50 for dental, 15$ for vision, $450 for “health” - that buys bitcoin each month. Do that for a couple months and then you can pay for an emergency root canal with cash if you have to. If you don’t have an emergency, the universal savings keep growing.
Imagine if everyone simply bought Bitcoin instead of insurance.
(I do have CrowdHealth but that’s only like $150 a month- so still come out way ahead)