Yup. That will be a thing. And People are reluctant to change when the change is forced upon them. People are also quick to change when something comes along that is 10x better.
There will be a lot of software coming out that is 10x better.
At the extremes it’s hard to tell the difference between what’s real and what’s satire. Haha
👀 oh my…
👀 👀 👀
It seem to come as a surprise to many that “international law” is a social construct doesn’t apply to those with real power. If you have superior strength and power then you can do what you want. I don’t say it’s the right thing to do, but it’s honest to acknowledge that what’s how things work.
Giuliano, I kinda agree with you. “Tax the rich” is a terrible slogan.
Haha! Mine too. Best daycare ever!
Seems like there is progress in the Middle East conflict. Whohoo! 🥳
Why?
Thanks for the take.
Question regarding:
4/ Inflation, at moderate levels, reduces inequality (…bc inflation erodes debt.)
I’m I stupid, or isn’t that true for the wealthy too? The kicker is that wealthy people can borrow at lower rates and hence benefit even more from debt erosion?
I’m enjoying the discussion here. Baby, what do you see as a sound investment for someone who believes that fiat money is destined to lose value over time—forever?
You think you are late, but in a couple of years people will call you “lucky” for being early.
Well, The fights are ongoing. Haven’t you seen the Core vs. Knots faceoff?
You can buy dollars with bitcoin.
Why would you ever buy gold with gold, or dollars with dollars, or bitcoin with bitcoin?
????
Yes, it seems so.
…one way governments like to combat recessions is by monetary stimulus(aka, print new money).
A recession would probably hurt Bitcoin liquidity in the short term, but Bitcoin would rally when they decide turn on the money printer. They always print!
Finite vs. Infinite money.
I think of bitcoin as digital capital/Store of Value more than as a currency (it can act as both)
A recession would probably suck for price appreciation.
I use Bitcoin as a hedge against monetary debasement. When central banks print more money, bitcoin goes up.
Works like a charm…
@adam33uss.bsky.social it this the real Adam Back or a fake account?! 🤔
I don’t fully get the point. One of the reasons Bitcoin is considered valuable (aside from other traits of good money like scarcity, verifiability, durability, divisibility, portability) is that it’s easy to find demand anywhere in the world. A global ultra liquid market. BTC is useful everywhere.
Hehe, yes, this platform is hilarious
Same FUD every cycle. This one too shall pass…
CME gap filled. Now Bitcoin is free to move up.
Thanks! Appreciate it. Thats one big big sell! Market absorbed it nicely
“Its functionality is maintained by a small and privileged clique of software developers who are funded by a centralized cadre of institutions. If they wanted to change Bitcoin’s 21 million coin finite supply, they could do it with the click of a keyboard.”
This is not true. Nodes would reject it.
Nah, it’s quite useful for a lot of people.
CME gap at 114k wants to be filled soooo badly.
#bitcoin
1.5b will be absorbed with ease. I think market makers are using this news as an opportunity to liquidate leveraged traders. Standard procedure. This one too shall pass
Thanks!
Nice! And I just got paid . Thanks for the sats!
