@v4ngeli0n
Relays (2)
- wss://nos.lol – read & write
- wss://relay.damus.io – read & write
Recent Notes
I think that anything that is actually a legitimate threat to their grift will be throttled to death in that way.
So sure, save in Bitcoin. Maybe we get some permissioned wealth increase.
Its just not...
People can still use Bitcoin in a self-sovereign self-custody way even with NGU. All the institutional crap doesn’t change the base layer and the ability to do that
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I mean controlled in the sense use-cases will follow how the big players decide it should be available to people.
I'm aware some maxis will argue Bitcoin is "still working as designed" even when you n...
I think it was always unrealistic to think most would self custody and be self-sovereign. People prioritize convenience and efficiency, I’m no exception. Hal Finney and Satoshi saw this from the very beginning of Bitcoin.
I think that the availability of something like Bitcoin is huge for people that value that sovereignty and also I just mostly want hard money because look at the damage the money printer has done.
So I agree with you and think you’re probably right, although I don’t think on/off ramps would be to THAT level (I could be wrong).
But either way, it was probably always gonna happen in this way, but people around the world still have options to use it differently. As for the goals you discuss, I’ve agreed Monero solved that problem. They’re just different problems being solved, I think. But for the stuff you primarily care about and discuss — Monero for sure. Not Luke’s new hard fork coin TBD lol
I think that the availability of something like Bitcoin is huge for people that value that sovereignty and also I just mostly want hard money because look at the damage the money printer has done.
So I agree with you and think you’re probably right, although I don’t think on/off ramps would be to THAT level (I could be wrong).
But either way, it was probably always gonna happen in this way, but people around the world still have options to use it differently. As for the goals you discuss, I’ve agreed Monero solved that problem. They’re just different problems being solved, I think. But for the stuff you primarily care about and discuss — Monero for sure. Not Luke’s new hard fork coin TBD lol
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theres clearly demand for Bitcoin exposure via ETFs etc. sure maybe those function similar to the gold markets as a hedge against inflation.
Which is fine and all
but none of that "adoption" has anyth...
So to be honest, I think I agree with what you’re saying here and it’s what I kind of expect. Primarily/at least in the United States. But that doesn’t change Bitcoin’s properties and different jurisdictions could have different ways of using it and will have different laws.
That being said, assuming you’re right, wouldn’t you agree it would still be smart to own a decent amount of it at least though ? I told you my primary goals. So for someone like me and my generation, why not keep some cash, own Bitcoin, and own some gold too maybe. Just trying to keep things practical for me instead of believing I will change the world.
When you say “controlled” I’m not entirely sure the exact way you mean the word. Other people are making it sound like there are puppet masters *literally* controlling Bitcoin but that’s not how it works. Do you mean influenced? Or controlled in the sense that Bitcoin’s popular use-cases will likely follow how the big players decide to use it? Even then, on the global level, people can still use it how they’d like and I think it’s a smart asset to own and self-custody.
That being said, assuming you’re right, wouldn’t you agree it would still be smart to own a decent amount of it at least though ? I told you my primary goals. So for someone like me and my generation, why not keep some cash, own Bitcoin, and own some gold too maybe. Just trying to keep things practical for me instead of believing I will change the world.
When you say “controlled” I’m not entirely sure the exact way you mean the word. Other people are making it sound like there are puppet masters *literally* controlling Bitcoin but that’s not how it works. Do you mean influenced? Or controlled in the sense that Bitcoin’s popular use-cases will likely follow how the big players decide to use it? Even then, on the global level, people can still use it how they’d like and I think it’s a smart asset to own and self-custody.
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Exactly why knots was a no go hahahaha 😂 🤣 😆 😅 🙃 🙄 😂
100%. People always complain and then blame someone else. “We didn’t get what we wanted because Larry Fink controls Bitcoin now.” Like fucking seriously? Is there any actual evidence of collusion? And BIP110 would be for 1 year only anyway… so find another solution and garner support for it
I am not required to abide by how you think I should be using Bitcoin or whether I use Bitcoin.
I am not required to adhere to your idealism.
I am not required to adhere to your idealism.
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Same shit on all social media, including Nostr. Miserable retarded ideologues everywhere. Zero nuance. Highly emotional. Extremely toxic. Happens with every single social media. A “decentralized” one isn’t an exception.
For example the recent Bitcoin saga… I realized there’s no reason to bitch and moan and convince strangers to use a coin a certain way or argue online for a certain side and assume we know what happens in rich inner circles at the top. How about read a book to understand things deeper maybe? Be able to understand the depth of things and expand your thinking instead of engaging in social media tribalism over cryptocurrency?
“Hey you’re using an open source protocol incorrectly because I don’t like how you’re using it! You’re wrong!” People can do whatever the fuck they want, stop crying. If it helps them, it helps them. Bunch of donkeys.
For example the recent Bitcoin saga… I realized there’s no reason to bitch and moan and convince strangers to use a coin a certain way or argue online for a certain side and assume we know what happens in rich inner circles at the top. How about read a book to understand things deeper maybe? Be able to understand the depth of things and expand your thinking instead of engaging in social media tribalism over cryptocurrency?
“Hey you’re using an open source protocol incorrectly because I don’t like how you’re using it! You’re wrong!” People can do whatever the fuck they want, stop crying. If it helps them, it helps them. Bunch of donkeys.
The argument is "Bitcoin was always going to change the system from within" right?
I'm just asking how you can be confident that institutional purchase will have any positive effect anywhere.
I’m not trying to make that argument specifically. I just don’t understand what other options there are really given the fact the US adds $91K of debt per second, inflation will get worse, and the US gov is running record level deficits.
I just think it will continue to be adopted even just as a hedge against inflation. 3 US states have already been experimenting with Bitcoin reserves, which the fact that’s even happening and being discussed is wild regardless of people’s thoughts on it. I think I could see Bitcoin being used more and more AS institutions continue to adopt because it’ll be respected more and there’ll be more infrastructure for it + inflation will get worse.
What is your side of the argument? (Not really hardcore taking a specific position, again I’m just a zoomer with big dreams bro)
I just think it will continue to be adopted even just as a hedge against inflation. 3 US states have already been experimenting with Bitcoin reserves, which the fact that’s even happening and being discussed is wild regardless of people’s thoughts on it. I think I could see Bitcoin being used more and more AS institutions continue to adopt because it’ll be respected more and there’ll be more infrastructure for it + inflation will get worse.
What is your side of the argument? (Not really hardcore taking a specific position, again I’m just a zoomer with big dreams bro)
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People are still saying things like "Bitcoin will change the system"
I have yet to see any evidence from any sector that Bitcoin adoption in the legacy system will result in increased fiscal responsi...
What’s up bro, took a couple days break. I disagree that it’s an idealistic. I also think it’s an irrational and unrealistic position to take that “Bitcoin will abolish the state.” Like sure even I might’ve said that in the past, but it’s dumb. That was never going to happen. Governments can still be powerful while they continue to fuck themselves over fiscally and continue to lose control of money.
Put simply — what would you tell my generation (Gen Z) to do in order to have a future? Save in cash? Stocks? Buy gold? I think the idealistic position is thinking abolishing the state is even possible.
And, honestly, despite caring about privacy, I care way more about hard money because I am still young and want to achieve things in my life as opposed to getting royally fucked by having my savings debased year after year.
Also I don’t necessarily think Bitcoin will cause an increase in government fiscal responsibility. If anything I think that increased *irresponsibility* will inevitably lead to more countries and companies moving to Bitcoin.
Put simply — what would you tell my generation (Gen Z) to do in order to have a future? Save in cash? Stocks? Buy gold? I think the idealistic position is thinking abolishing the state is even possible.
And, honestly, despite caring about privacy, I care way more about hard money because I am still young and want to achieve things in my life as opposed to getting royally fucked by having my savings debased year after year.
Also I don’t necessarily think Bitcoin will cause an increase in government fiscal responsibility. If anything I think that increased *irresponsibility* will inevitably lead to more countries and companies moving to Bitcoin.
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⚡️📱 TECH - Xiaomi HyperOS 4.0
https://blossom.primal.net/c8bbed6dca60654f5a5af2c2f6997b2a7ebf162d8b8d021c636b77b4c6e4f957.mp4
Literally copy and paste of iPhone lol
I find it very strange that people in #Bitcoin are mad that it failed at its “cypherpunk goal” and the idealistic vision of everyone running a node and running their own keys for it to make a real difference.
People got attached to this idea even though it was never even the vision of Satoshi, Hal, and other OG’s in Bitcoin. Probably because social media didn’t polarize them and cloud their ability to think like a rational human being. They were both brilliant people with the ability to see Bitcoin’s nuanced and most realistic future.
People got let down by their own expectation and unrealistic views on adoption and now are surprised and angry when Bitcoin gets absorbed into trad-fi. Literally the only *legitimate* way that Bitcoin was ever going to make a meaningful change to the world was exactly this way. It can still make a huge difference and positive impact in the world because of its properties.
The value of fiat still erodes. Bitcoin will likely become the standard. Bitcoin was never going to destroy the state, it was retarded to believe that in the first place. But with continued adoption and growth, it inherently limits government’s power over money.
Many people out there can’t even figure out how a credit card works, and people believe that most will hold their own keys and run their own node and if they don’t then Bitcoin failed. Idealism is delusional.
Here is a quote from #Satoshi Nakamoto himself:
“Only people trying to create new coins would need to run network nodes. At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware. A server farm would only need to have one node on the network and the rest of the LAN connects with that one node.”
People got attached to this idea even though it was never even the vision of Satoshi, Hal, and other OG’s in Bitcoin. Probably because social media didn’t polarize them and cloud their ability to think like a rational human being. They were both brilliant people with the ability to see Bitcoin’s nuanced and most realistic future.
People got let down by their own expectation and unrealistic views on adoption and now are surprised and angry when Bitcoin gets absorbed into trad-fi. Literally the only *legitimate* way that Bitcoin was ever going to make a meaningful change to the world was exactly this way. It can still make a huge difference and positive impact in the world because of its properties.
The value of fiat still erodes. Bitcoin will likely become the standard. Bitcoin was never going to destroy the state, it was retarded to believe that in the first place. But with continued adoption and growth, it inherently limits government’s power over money.
Many people out there can’t even figure out how a credit card works, and people believe that most will hold their own keys and run their own node and if they don’t then Bitcoin failed. Idealism is delusional.
Here is a quote from #Satoshi Nakamoto himself:
“Only people trying to create new coins would need to run network nodes. At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware. A server farm would only need to have one node on the network and the rest of the LAN connects with that one node.”
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