This kinda said it all. What a roadmap. lol

ETH roadmap. LOL

Nope.

Bitcoin is more than money, similar to the way the birth of America was more than just an offshoot of Great Britain without a monarch.

I want Bitcoin to become THE preferred money too, but “money or nothing” is smoothbrain FUD.

It’s market price reflects multiple narratives at once. Speculation, macro hedging, technological belief, and yes, payment adoption.

Your premise is that Bitcoin’s value comes from expectations it will become money. Your conclusion is if it doesn’t become money, it has no value. This doesn’t prove the premise, it just restates it. It ignores other potential sources of value (e.g., scarcity, censorship resistance, use as collateral, etc).

Furthermore, we have been in bitcoin long enough to know that it morphs based on other things happening in the world (financial crises, pandemics, global censorship campaigns, debanking, birth of AI, oil wars, and so on into the future).

BIP 110 is trying to do something that decentralization is bad at on purpose, which is to pick a specific outcome on a shared schedule.

I’m continually surprised how confident its supporters are in their proclamations around having arrived at the correct “solutions” to things the community/market doesn’t even agree on as “problems.”

The lack of humility is as scary as the poorly thought out “solutions.”

Why do people want all the short bus normies from the “platform internet” to come to this protocol? Seriously, I’m looking to understand the answer. It would immediately make Nostr suck. And we are not here for engagement farming and misery harvesting (which is what why X and those other platforms exist).

The early internet was much cooler when not everyone was on it. When it was decentralized protocols rather than monolithic platforms.

Nostr has always felt like that to me. Fun, limited/small, and generally smarter. I cannot understand the widely held desire to get everybody on Nostr. It’s not a centralized platform dependent on growth for its continuing existence. Over time, it will probably happen anyway, but what’s the rush?

Tether is the Death Star

Risk is always moving. In general, it’s moving from the most competent managers of it to the least competent managers of it. Eventually it gets piled up into the hands of the very least competent (as they do not understand it’s being offloaded onto them).

overconfidence => hidden risk => cascading failure

Bundling mortgage backed securities across the entire United States. Or Long Term Capital Management run by Nobel laureates. Or designing unsinkable ocean liners.

The best job will ALWAYS be the one you make, not the one a CEO gives you.

Work isn’t going away. Period. Society is about babies and improvement. Socially retarded engineers view everyone else’s work as just a series of tasks to be automated away.

As long as humans care about raising children, improving health, creating culture, and building better futures, there will be huge demand for human effort. AI and robotics don’t change underlying drivers.

Machines don’t operate in a vacuum. they require oversight, maintenance, auditing, and governance. Even highly automated systems drift, fail, and produce unintended consequences (frequently).

Finally, the thing that is claimed to be the best answer, universal high income, does not exist. “High” is a relative term and cannot be universal.

A person can be both a retard and a liar.