Damus
Matt profile picture
Matt
@Matt

Objectivism🔸Computer Science🔸Emergency Medicine🔸Strategic Bitcoin Reserve Czar

Relays (22)
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Recent Notes

Marc · 10h
Stablecoins are closer to the concept. CBDC's are exactly the concept.
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It's pretty wild to see government use things it should have almost no involvement in (other than fraud prosecution) as a distraction to avoid dealing with one of the few things government is actually meant to be involved in (human trafficking, rape).
Francis Mars · 14h
Sure, because this was an underwater jungle before
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GM.

The only answer left is for governments to fuck off so the productive class can clean up their messes.

Only this time they should stay fucked off so we don't have to get so messy again.
note1ves4t...
Matt profile picture
Your attempt at drawing a distinction doesn't at all change my original intent. Racism is for cretins, and that's exactly what you're espousing. Skin color or otherwise.
note1309gg...
Matt profile picture
I have considered the implications of having most transactions on a second layer though. I'm undecided on that issue. And it's impossible to know either way how it'll play out.

note1309gg...
Matt profile picture
I was attracted to Bitcoin as a SoV. And I still think it's the number one thing that underpins value for me. It was only after that I wanted to transact with it as well because that's more efficient.

But I think this is probably influenced by where you are, geographically and economically. I don't ultimately think either comes before the other. They're both equally necessary if we want something that's better than fiat AND gold (the current status quo). Someone in a place like NK, South America, parts of Africa or whatever probably value the exchange part more initially.

It's easy to get wrapped up in a own perspective I think. Where some people are advocating SoV, people somewhere else are focused on MoE.

You could argue the dangers of one culture gaining way more influence than the other, of course. And that may indeed be the case. I don't know. This is as far as I've thought about this issue.