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Toxic Bitcoiner
toxicbitcoiner@Nostrplebs.com
npub1u87g...93f7
Bitcoin zealot 🐝 Who’s going to buy the bonds? #Payjoin #GIABO
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toxicbitcoiner 13 hours ago
If you combine these two visuals into 4 dimensions, you’d have a robust foundation for who understands Bitcoin and who doesn’t. In personalities, understanding of Bitcoin goes (roughly) from the highest in the top left, to lowest in the bottom right. 70% of Bitcoiners are in the top left quadrant. Cc @Bram image
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toxicbitcoiner 14 hours ago
“Americans are taught that the Constitution completed the Revolution. The Articles of Confederation were weak, disorder reigned, Shays’s Rebellion terrified the countryside, and sober statesmen in Philadelphia heroically designed a “more perfect Union,” as the story goes. The Constitution thus appears as the Revolution’s crowning achievement. But, as Rothbard showed, the Constitution was not the fulfillment of 1776, but rather its undoing. After all, had the American states not just fought a war to reject centralized control by Parliament in London? Why, scarcely four years after Yorktown, were many of the same revolutionary leaders advocating a new consolidated national authority—one equipped with taxing power, a standing army, supremacy over state laws, and an independent judiciary insulated from direct democratic control? Indeed, Murray Rothbard’s fifth volume of Conceived in Liberty invites us to reconsider the founding moment not as triumph, but as counter-revolution.”
Knut at 22:45 you say “I don’t think stablecoins should be built on Bitcoin if they leave a footprint because the footprint will be there forever and thereby making it costlier to run a node and therefore making Bitcoin a worse form of money.” Does that mean that you think Liquid network is a shitcoin use case because it leaves a footprint? Because, if I understand correctly, Liquid peg ins require ~36-40 bytes in opreturn. @knutsvanholm @Giacomo Zucco
There’s this weird language thing when someone should say “stablecoins” plural but says “stablecoin” singular. It makes a finance-type’s face look extra punchable. A person who says it is either a retard or a scammer. Maybe both.
The fiat system collapses if the masses were able to generate a positive real return on their financial assets. Therefore, except for a small minority, all real returns are negative. This statement is a one-shot KO in many interactions. You. Are. Welcome. image