Damus

Recent Notes

Norbert · 48w
And what are the practical implications of their supposed "moral responsibility"? How do you want to sanction them if you think they neglect it? Bitcoin is the epitome of individual responsibility. Y...
Kurtis profile picture
No, but you can tell them what software you want to run, and centralisation should be targeted everywhere with bitcoin, so we should complain of not being communicated to by the node software monopoly holder. Breaking down centralisation accumulation is how bitcoin survives/thrives
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dazzling · 48w
You have a point... I think we can all agree that the communication around this has been less than stellar...
Tracking Token Disrespector · 48w
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Jeff Booth · 51w
For 1) those that like long format podcasts, or 2) those who my monotone voice helps them get to sleep at night 😂……here is my latest. https://youtu.be/PfGGrTAJxKc
Kurtis profile picture
You say people need to price in bitcoin instead of from within the current system, but how do you make it easy for people to do that who aren't yet able to transact in bitcoin in a way that is economical to them. For example, I get paid in fiat, and nowhere around me accepts bitcoin, so converting everything to what it would cost in bitcoin feels like an unnecessary burden for me, especially since there isn't an easy to way to do it
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Arthur Morgan · 50w
I think the best possible thing is to request payment in Bitcoin for your products/services. If that's not possible, ask vendors when they will accept Bitcoin payments. Offer to pay in Bitcoin.
Kurtis profile picture
The government setting interest rates is a form of price control/administered pricing, which is kind of crazy when you think about it.

I wonder what a true free market would look like? Where the price of money (interest rate), would be set by the supply (savings available to invest) being bid on by those demanding it (business community seeking capital).

Instead of what we have now which is prices set by a central entity.

It did always feel weird to me, does it feel weird to anyone else? Or am I missing something?
Tracking Token Disrespector · 51w
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