
nobody is going to read this thread and think you were "calling out propaganda" my dude
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Editnobody is going to read this thread and think you were "calling out propaganda" my dude
under a Bitcoin standard and because of the hard cap you need to convince investors you can beat the rate of deflation. of course investment will still happen. but I think maxis VASTLY underestimate the dampening effect it will have on the economy. why should anyone speculate with their capital when it appreciates in value risk-free?
okay
you done a really bad job in identifying any "propaganda"
everything I've seen is consistent, if less damning. he calls capitalists who profit from inflation "profiteers" and blames Lenin for the whole idea of currency debasement. https://www.economicsnetwork.ac.uk/archive/keynes_persuasion/Inflation.htm
Saifedean is the Andrew Tate of economics
what does "route over private peers" mean? you just have a fat unannounced channel with a major node. also I don't think items 4&5 ate particularly difficult unless youre a total normie
hope you did a better job using primary sources to support your argument in the book
you made a leap there sats are fungible UTXOs are not. things are de facto not fungible if reputation also transfers with ownership. even if "reputation" isn't an acknowledged aspect of the system. because that's how people are.
nothing says "I appreciate freedom tech" like calling people cultists for pointing out game theory problems in Bitcoin.
probably not. we live post-fact now. there doesn't have to be a big thing in meatspace, they can just say whatever they want and half of everyone will believe them anyway.
it doesn't address stuff like Monero. theyre really just catching up to Bitcoin mixers from 10 years ago. so its a grey area.
this is why we need default-private tech
Oh. So now the White House want p2p digital cash to be illegal under the PATRIOT act and two developers have already pled guilty to facilitating private transactions. I'm shocked that a transparent ledger doesn't protect its users and devs 😕 https://www.therage.co/white-house-digital-assets-report-financial-privacy-primary-money-laundering/
exactly. the important part is that monetary policy is *known and unchangeable* not that its fixed at an arbitrary number of units. "Bitcoin is the only hope" is horseshit. Bitcoin a recent innovation in freedom technology that has been iterating for a long time. the fight didn't start with Bitcoin and it wont end if Bitcoin fails.
so youre ok with supply inflation under certain circumstances, like when its "given me more than enough" but not under other circumstances. just admit you like a hard cap because you want to maximize the value of your stack without actually doing any work or contributing to the network in any way.
according to the Bitcoin maxi creed, simple hodling is as close to zero risk as is possible.
Life is short and lonely. Do not be a slave to sensory gratification. People improve through making mistakes. Free people make their mistakes faster. Nostrich since 761114.